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In addition, Linklogis has always placed shareholder interests at the core of its corporate governance, rewarding investors’ trust through sustained and tangible actions. In August 2025, the Board approved a new share repurchase program of no less than US$80 million to be implemented over a one-year period. Under this repurchase program, the company has cumulatively repurchased shares totaling HK$365 million (approximately US$47 million), demonstrating its confidence in its long-term value through concrete actions.

Focusing on Core Business, Accelerating Business Structure Optimization

In 2025, Linklogis remained focused on its core business and accelerated the optimization of its business structure. The total volume of supply chain assets processed by its technology solutions reached RMB508.1 billion, up 27% year-on-year. With a market share of 22%, the company ranked first in the industry for the sixth consecutive year. The number of anchor enterprises served increased to 3,145, including 54 of China’s Top 100 enterprises and 151 of China’s Top 500 enterprises, while the number of financial institution partners reached 428, further improving the efficiency of industry-finance collaboration.

Linklogis’ supply chain finance technology solutions include Anchor Cloud, which consists of Multi-tier Transfer Cloud, AMS Cloud and Treasury Cloud, as well as FI Cloud, which consists of ABS Cloud and eChain Cloud. In 2025, the total volume of supply chain assets processed by Anchor Cloud reached RMB369.6 billion, representing a year-on-year increase of 31%. The total volume of supply chain assets processed by Multi-tier Transfer Cloud reached RMB304.2 billion, surging 47% year-on-year, with its contribution to the group’s total asset volume rising from 52% in 2024 to 60% in 2025. The total volume of supply chain assets processed by AMS Cloud, however, was RMB65.4 billion, down 13% year-on-year due to the continued decline in issuance volume in the supply chain asset securitization market.

The total volume of supply chain assets processed by FI Cloud reached RMB128.9 billion, up 20% year-on-year. Both ABS Cloud and eChain Cloud recorded solid double-digit growth in transaction volume, contributing to a 25% year-on-year increase in FI Cloud revenue. In the ABS Cloud segment, the total volume of supply chain assets processed reached RMB69.1 billion, rising 28% year-on-year. In the eChain Cloud segment, the total volume of supply chain assets processed reached RMB59.7 billion, increasing 13% year-on-year.

Linklogis focused on six key industries, including infrastructure and construction, new energy and advanced manufacturing, and worked with its subsidiary Bytter Technology to deepen targeted cross-selling, achieving breakthroughs in high-quality customer acquisition. Leveraging its one-stop comprehensive industrial-finance solutions and innovative scenario-based applications, Linklogis worked with a number of central and state-owned enterprises and leading private enterprises, including Shougang Group, China Coal Mine Construction Group Corporation and JA Solar Technology, to launch integrated industrial-finance platform projects. At the same time, it provided targeted support to 17 high-quality enterprises, including Shanghai Construction Group, Yunnan Construction and Investment Holding Group and Luzhou Laojiao, covering scenarios such as order financing, bill collateral, and supply chain bill transfer, supporting coordinated growth in both scale and value creation.

Building the “Second Growth Curve”, Unlocking Global Trade Finance Potential

2025 marked a pivotal year for Linklogis’ international business as the company embarked on a new chapter and accelerated the development of its “second growth curve.” During the year, Linklogis officially launched a comprehensive rebranding of its international business, introducing “Unloq” as its new identity for the global market, reflecting its vision of unlocking the potential and efficiency of global trade finance. Guided by a core strategy centered on cross-border trade corridors, scenario-based finance and technology-driven risk management, Unloq is committed to building a globally connected digital supply chain finance platform with strong local execution capabilities.

In line with its core strategy, the company has leveraged its cloud-native technology to launch the innovative “SC+ Platform”, designed to connect global real-world trade with digital finance. The “SC+” signifies its core function of connecting smart contracts with compliant digital payment instruments, forming a technology-enabled solution for global trade finance. The platform is dedicated to building the next-generation digital infrastructure for global trade finance and addressing systemic challenges in cross-border trade, including credit verification, fund turnover, and clearing and settlement efficiency. Through the platform, funders can utilize various compliant payment methods to purchase trade receivables.

To date, Unloq has completed the deployment of the core architecture of the SC+ Platform. Working with multiple commercial partners, Unloq has advanced the rollout of innovative applications leveraging compliant digital payment methods. In 2025, Linklogis successfully secured the bid for a Web3.0-based supply chain finance platform project for a leading central state-owned enterprise, marking a new milestone in its technological capabilities and industry recognition in the field of digital trade infrastructure.

In its international business, Unloq accelerated the expansion of cross-border trade services. In addition to traditional B2B goods trade, cross-border e-commerce and online travel agencies, it also expanded into cross-border logistics, bringing the total number of platform customers to 1,550, representing a net year-on-year increase of 451. With the deeper penetration of the SC+ Platform in cross-border trade finance, the continued expansion of its global localized service network, and the accelerated integration of solutions supporting Chinese enterprises’ overseas expansion, Linklogis’ cross-border and international business is expected to enter a phase of exponential growth in both asset volume and revenue in 2026, embarking on a new chapter of high-quality and sustainable development.

Advancing the “AI-powered Industrial Finance” Strategy: From Internal Empowerment to Industry Value Co-Creation

Linklogis remains committed to its “AI-powered Industrial Finance” strategy and continues to promote the deep integration of AI with supply chain finance across the entire value chain. Built on years of technological expertise and scenario-based refinement, its AI capabilities have evolved from internal productivity tools into a sophisticated intelligence engine that empowers the entire industrial ecosystem. By deeply integrating leading domestic large language models with its proprietary supply chain finance scenario knowledge graph and multimodal business elements, the company has systematically advanced the ongoing iteration and capability enhancement of its self-developed vertical model, LDP-GPT. Building on this foundation, Linklogis has developed the “BeeLink AI Agent” product matrix, covering more than ten core scenarios including intelligent trade document checking, intelligent PBOC registration, intelligent KYC, and intelligent risk management.

In 2025, BeeLink AI Agent continued to deliver breakthroughs in market penetration and commercialization. The number of customers served rose to 42, including domestic and overseas financial institutions and industry leaders such as Standard Chartered Bank, Bank of Hangzhou, and China Electrical Equipment Finance. Processing efficiency improved by 20 times, while accuracy in key processes reached 99%. As AI continues to evolve toward an agent-based paradigm, Linklogis will take “AI Agent+” as a strategic lever to comprehensively upgrade BeeLink AI Agent from functional tools to intelligent collaboration. It will prioritize breakthroughs in advanced capabilities such as cross-system task coordination, natural-language interactive decision-making, and adaptive workflow optimization, enabling customers to move from point intelligence to enterprise-wide intelligence, and from business insights to intelligent decision-making, thereby delivering end-to-end value across the entire value chain.

Linklogis actively responded to China’s “dual carbon” strategy and high-quality development agenda by embedding ESG principles into product innovation and the entire service lifecycle, leveraging technology to advance green finance, inclusive finance, and sustainable development. In 2025, the volume of sustainable supply chain assets served by the company exceeded RMB66.8 billion, representing a year-on-year increase of 80%, with its share of total serviced assets rising from 9% in 2024 to 13% in 2025. During the year, SMEs that obtained financing through Linklogis Supply Chain Multi-tier AR Transfer Platform benefited from an average financing cost of only 2.85%. The company continued to deepen its presence in four key sectors—renewable energy, rural revitalization, environmental protection, and public health—while further expanding into sustainable sectors such as the new energy vehicle supply chain, green buildings, and the circular economy. Through these initiatives, it directed financial resources more precisely to key segments that generate both green and low-carbon benefits and strong social impact, gradually building a broader and more influential sustainable development ecosystem that integrates industry and finance.

Expanding Full-scenario Deployment, Enhancing the Smart Industrial Finance Treasury Product Matrix

Through the acquisition of Bytter Technology, Linklogis made a strategic entry into the corporate treasury management sector. By synergizing management teams and business operations, the company successfully established the Treasury Cloud product line, providing diverse customers with end-to-end treasury management services covering settlement operations, cash planning, financing management, risk monitoring, and intelligent decision-making. As a key component of Linklogis’ “Smart Industrial Finance Treasury” strategy, Treasury Cloud is anchored by a dual-engine approach powered by AI and data, and has established a comprehensive product matrix, including the F1 treasury management system and T6 cash management system for anchor enterprises, the bank treasury system for financial institutions, and the Yingzilian SaaS platform for SMEs.

Since September 11, 2025, Bytter Technology has been consolidated into the group’s financial statements. The integration of the Treasury Cloud business has been fully completed. Linklogis will continue to deepen resources integration and business collaboration between Treasury Cloud and the group’s other supply chain finance technology businesses in areas such as product R&D, channel expansion and customer service. The company will accelerate the development of an integrated, intelligent and scalable Smart Industrial Finance Treasury platform, providing customers with one-stop digital solutions covering treasury management and industrial-finance collaboration.

Charles Song, founder, Chairman and CEO of Linklogis, said: “The year 2026 marks the tenth anniversary of Linklogis. As we stand at the threshold of a new decade, we will remain firmly committed to a core strategy of being technology-driven and globally connected, while steadfastly advancing our dual-engine approach of deepening domestic industrial finance and expanding global digital trade. We will seize opportunities amid transformation and strengthen our competitive advantages through innovation. In the domestic market, we will continue to advance the “AI-powered Industrial Finance” strategy. Anchored by the comprehensive upgrade of BeeLink AI Agent, we will accelerate AI’s evolution from scenario-based enablement to ecosystem-level collaboration. At the same time, leveraging our full-stack capabilities in Smart Industrial Finance Treasury solutions, we will continue to refine our integrated one-stop solutions, consolidate our market leadership, and ensure the steady growth of our core business. In international markets, we will accelerate the expansion of global cross-border digital trade networks through Unloq and roll out the SC+ Platform along key global trade corridors. We aim to become a key builder and connector in the ongoing digital and intelligent transformation of global trade finance. The future is already unfolding. Only the adaptable can prevail, and only the persistent can go the distance. With technology as our oar and industry as our vessel, Linklogis will continue to join forces with our partners, embarking together on the magnificent journey toward a digital and intelligent future for global industrial finance.”

Hashtag: #Linklogis

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

These presentations mark Sequencio’s first major scientific unveiling since its formation and showcase significant advancements in next‑generation cancer vaccine technologies based on Sequencio’s proprietary TrueHLA™ Epitope‑to‑Efficacy™ translational design framework, which enables rational, data‑driven vaccine development across circRNA, mRNA, peptide, and protein‑based platforms.

Collectively, Sequencio’s five AACR 2026 presentations highlight a consistent theme: rationally designed cancer vaccines that demonstrate robust immunogenicity and compelling anti‑tumour activity across multiple targets and modalities in preclinical models. These data underscore the strength of Sequencio’s approach to translating antigen selection into functional immune responses and tumour control. Building on this foundation, Sequencio is prioritizing its most promising programs for IND‑enabling studies, with the goal of accelerating select vaccine candidates into early‑stage clinical development through strategic partnerships and global collaboration.

Dr Melvin Toh, Vice President & Chief Scientific Officer of CK Life Sciences, expressed, “Sequencio’s cancer vaccine pipeline continues to advance with strong momentum. Our AACR 2026 presentations underscore both the scientific promise of our vaccines and the disciplined execution driving their progress. We look forward to building on this foundation as we advance next‑generation immunotherapies for patients.”

The AACR Annual Meeting is a gathering central to the global cancer research community, bringing together scientists, clinicians, other healthcare professionals, survivors, patients and advocates every year to share the latest breakthroughs and developments in cancer science and medicine. Last year, the 2025 Annual Meeting attracted 22,100 in-person participants from 85 countries.

Scientific Poster Presentations by Sequencio Therapeutics at AACR 2026

All five posters will be presented on 21 April 2026.

1. p53 Modified Shared Neoantigen Vaccine (Poster Number: 4361)

Title: Single amino acid residue substitution to improve immunogenicity of HLA peptides targeting p53 neoantigen

Authors: Chi Han Samson Li, Hong Wang, Kin Tak Chan, Genwei Zhang, Zhenghui Wang, Lipeng Lai, Melvin Toh

2. IGF1R Cancer Vaccine (Poster Number: 4368)

Title: Vaccine targeting IGF1R induces neutralizing antibody and robust anti‑tumor activity in a syngeneic mouse colon cancer model

Authors: Kenneth Nansheng Lin, Melvin Toh, Hong Wang

3. B7‑H3 Cancer Vaccine (Poster Number: 4369)

Title: B7-H3 vaccine induces robust humoral and cellular immunity and inhibits tumor growth in mice

Authors: Kenneth Nansheng Lin, Melvin Toh, Hong Wang

4. TROP2 circRNA + IL‑7 Combination Vaccine (Poster Number: 4370)

Title: TROP2‑circular RNA vaccine and IL7 synergistically inhibit TROP2+ tumor growth in mouse models

Authors: Zirong He, Yanan Li, Antong Li, Xiaoxuan Liu, Kenneth Nansheng Lin, Fan Yan Meng, Melvin Toh, Hong Wang

5. Claudin‑6 Cancer Vaccine (Poster Number: 4375)

Title: Claudin 6 vaccines effectively inhibit tumor growth in a syngeneic mouse colon cancer model

Authors: Na Wang, Lam Chow, Melvin Toh, Hong Wang

Hashtag: #CKLifeSciences #Sequencio #CancerVaccines #R&D #Pharmaceutical #AACR

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

CK Life Sciences Int’l., (Holdings) Inc.

CK Life Sciences Int’l., (Holdings) Inc. (stock code: 0775) is listed on the Stock Exchange of Hong Kong. With a mission of improving the quality of life, CK Life Sciences is engaged in healthcare research and development, with operating businesses that enable its R&D sustainability. Regarding pharmaceutical research and development, CK Life Sciences’ operations are focused on conducting research and development into cancer vaccines, RNA therapeutics and pain management solutions. CK Life Sciences is a member of the CK Hutchison Group. For additional information, please visit www.ck-lifesciences.com.

The adviser search points to a shift in how school systems with substantial reserves are treating their balance sheets. What might once have been handled more conservatively through deposits and internal oversight is now increasingly being managed with the same disciplines used by foundations, family offices and other long-horizon institutions. In ESF’s case, the task appears especially significant because the group’s endowment is no longer a marginal reserve but a material financial resource that can influence scholarships, strategic projects, property decisions and resilience during periods of market or enrolment volatility.

ESF’s own disclosures show why the mandate matters. In its 2023/24 annual report, the foundation said its endowment includes both a residential property portfolio and investments held in ESF Investments Limited. It reported that the fair value of investments held in that vehicle rose 13.4% to HK$587.7 million from HK$518.2 million a year earlier, while finance and investment committees continued to focus on asset performance monitoring and strategic asset allocation. The same report said three companies had been set up to restructure the holding of residential assets within the ESF endowment, with a new operating model expected to launch in the first half of 2025.

That helps explain why an external adviser would be attractive now. Once a fund reaches this scale, the main challenge is not simply preserving capital. It is deciding how much risk an education group should take, how liquid the portfolio needs to be, whether alternative assets belong alongside traditional holdings, and how to align returns with liabilities such as campus upgrades, technology spending and support programmes. For a school operator, there is also a reputational dimension: parents and staff expect prudence first, even when boards are under pressure to extract higher returns from idle capital.

ESF’s finances show both stability and constraints. The group reported total operating income of HK$2.85 billion in 2022/23, with tuition fees accounting for 84.3% of operating income and government grants 5.3%. It also said the long-running phase-out of government subvention, which began in 2016/17, was continuing, with the phase-out for secondary schools having started in 2022/23. By 2023/24, ESF said strong interest income had allowed it to seed a HK$10 million scholarship fund and a HK$30 million development fund, including support for a project researching the use of AI in teaching and learning.

Those figures matter because they show that investment income is becoming more relevant to the group’s strategic flexibility even as tuition remains the dominant revenue line. They also suggest that endowment governance is no longer peripheral to education policy inside ESF. A stronger investment framework could help smooth cyclical swings in income, but it could also expose the group to debate over mandate design, manager selection and tolerance for drawdowns in volatile markets. Educational institutions globally have wrestled with that trade-off for years: conservative portfolios can struggle to keep pace with inflation and capital needs, while more ambitious allocations can attract scrutiny when markets turn.

The Hong Kong backdrop adds another layer. Authorities are trying to reinforce the city’s appeal as an asset and wealth management centre, with proposed tax reforms aimed at making it easier to attract managers and capital. The Securities and Futures Commission said total assets under management in Hong Kong’s asset and wealth management business rose 13% to HK$35.1 trillion at the end of 2024, while the number of firms licensed for asset management increased 4% to 2,212. That means ESF is seeking advice in a market that is both deep and actively competing for institutional mandates.

Founded by ordinance in 1967, ESF occupies an unusual place in Hong Kong’s education landscape: a statutory body with a large footprint, significant fee income and a legacy of government support that is being phased out over time. Its latest public materials describe a group with more than 18,500 students and a broad mix of Hong Kong permanent residents and overseas passport holders, reflecting its role as a major English-medium provider in the city. That scale means any change in how it manages long-term capital is likely to be watched closely by school operators, fund managers and policymakers alike.

Blackstone has opened talks with investment banks over a possible Mumbai listing of AGS Health that could raise as much as $500 million, according to reports on Tuesday, putting another sizeable healthcare-linked offering on the radar even as the primary market remains more selective than it was a year ago. The discussions are at an early stage, and the proposed float has yet to move into formal filing territory, but people familiar with the matter have said the firm is considering a mix of fresh shares and secondary sales and is seeking a valuation of as much as $3 billion.

AGS Health sits in a part of the healthcare economy that has drawn strong financial interest: revenue cycle management, the business of helping hospitals, physician groups and health systems handle billing, coding, claims, collections and data-led workflow improvement. The company describes itself as a technology-enabled operator serving major healthcare providers in the United States, with intelligent automation and AI woven into those services. On its website, AGS says it processes tens of billions of dollars in accounts receivable annually and supports clients through a large coding and back-office workforce spread across multiple geographies.

The mooted flotation would fit a broader pattern in which buyout firms are trying to crystallise gains from businesses built around outsourced healthcare administration and software-supported services. AGS had already been seen as a prized asset before Blackstone took control, with deal reporting last year and in 2025 pointing to intense interest from private equity groups in the company as well as in peers serving the same market. That activity underlined how investors view healthcare operations platforms as steadier, more scalable assets than many consumer-facing businesses, especially when they are tied to recurring work for hospitals and insurers.

Blackstone’s interest in AGS also reflects the continuing attraction of cross-border healthcare services models anchored in delivery centres in South Asia and the Philippines while selling into the US healthcare system. AGS says it operates globally and markets itself as a strategic growth partner for provider organisations facing rising administrative costs, denial management pressures and a growing need for automation. Its own recent company material has placed heavy emphasis on AI-powered coding, denial management and compliance support, showing how the pitch to clients has shifted from labour arbitrage alone to a combination of software, analytics and domain expertise.

Whether the listing proceeds on the terms being discussed will depend not only on AGS’s financial profile but also on market mood. Reuters has reported that the domestic IPO pipeline remains active, with large names such as Zetwerk and INOX Air Products advancing plans, yet it has also noted that sentiment has been weaker in 2026 after underperformance in some new-age and technology listings and amid heavy foreign outflows from equities linked to geopolitical tensions and oil-price shocks. That makes valuation discipline more important for sponsors seeking exits through public markets.

Healthcare, however, is one of the areas where issuers still believe they can command investor attention. Reuters reported last week that Manipal Health Enterprises filed for an IPO of up to $1.17 billion, betting on demand for specialised care, consolidation and higher insurance coverage. Against that backdrop, AGS would offer investors a different healthcare angle: not hospitals or pharmaceuticals, but the infrastructure of billing, coding and claims management that sits behind care delivery. For fund managers looking for healthcare exposure without direct clinical risk, that model may prove easier to value, though the dependence on US reimbursement systems and hospital spending cycles will remain a point of scrutiny.

Another factor in AGS’s favour is that revenue cycle management has stayed a live consolidation theme. Reuters reported in 2024 that EQT agreed to acquire GeBBS Healthcare Solutions for more than $850 million, while other reports have highlighted interest from major investors in comparable healthcare outsourcing assets. Those transactions suggest that buyers are still willing to pay for scale, client retention and workflow technology in a sector where providers are under constant pressure to improve cash collection and reduce administrative leakage. If Blackstone can pitch AGS as a business with strong client stickiness and growing automation capability, the company may find a receptive audience despite choppier equity conditions.

The Grand Final of Eurovision Song Contest Asia 2026 will take place on 14 November 2026 in Bangkok, Thailand, marking the arrival of the world’s most iconic music competition in Asia.

BANGKOK, THAILAND – Media OutReach Newswire – 31 March 2026 – The European Broadcasting Union (EBU) and Voxovation together with Thailand’s S2O Productions and Channel 3 today announced the debut of Eurovision Song Contest Asia in 2026, with Bangkok selected as the Host City for its inaugural edition, bringing together ten countries across Asia.

South Korea, Thailand, the Philippines and Vietnam are confirmed alongside Malaysia, Cambodia and Laos, as well as Bangladesh, Nepal and Bhutan, with more countries expected to join as the competition expands.

Bringing the world’s largest live TV event to Asia, Eurovision Song Contest is now opening a new chapter shaped by the region’s diversity, creativity and cultural identity, and grounded in the same spirit that has always defined the contest: United by Music.

ZOOP is the revolutionary new social media platform launching globally on 9th of April with a dedicated channel covering the new Eurovision Song Contest Asia. ZOOP will place the audience at the centre of the action, driving participation, community and interaction, with cutting-edge technology behind the experience.

Evolving Eurovision Song Contest with Asia

For seven decades, the Eurovision Song Contest has brought countries together through music, storytelling and live television, reaching audiences of hundreds of millions every year.

Now, in collaboration with leading broadcasters and production companies across Asia, Eurovision Song Contest Asia will build on that legacy, creating a new shared stage where cultures meet, voices are amplified, and creative communities connect across borders.

Rooted in the same spirit that has defined Eurovision Song Contest for generations, the contest carries forward a simple but powerful idea, connecting people through music and shared experiences. In Asia, that idea will take on new meaning, shaped by the region’s extraordinary diversity and creative energy.

Martin Green, Director of the Eurovision Song Contest, said:

“As we mark the 70th anniversary of the Eurovision Song Contest, it feels especially meaningful to open this next chapter with Asia, a region rich in culture, creativity and talent.

This is about evolving the show together with Asia, building something that reflects the voices, identities and ambitions of the region, while staying true to what has always made the Contest special.

Eurovision Song Contest Asia will be shaped by the artists, broadcasters and audiences who make it their own, continuing our shared journey of being United by Music.”

Shaping the Future of Eurovision Song Contest in Asia

Designed to grow with the region, the format brings together countries representing more than 600 million people. With no comparable pan-Asian platform today, it is set to become one of the region’s most talked-about entertainment events.

Powered by exclusive social partner ZOOP, the contest will introduce a fan participation platform where audiences do more than watch. ZOOP gives fans new ways to engage with artists, join communities, and be recognised and rewarded for real participation, while helping create a more direct and meaningful connection between talent and audience.

Peter Settman, CEO & Co-Founder of Voxovation, the exclusive licensee of Eurovision Song Contest Asia said:

“From day one, our ambition has been to build the Eurovision Song Contest Asia together with the region’s best creative talent, creating a show that truly reflects Asia’s identity and creative energy.

Together with S2O Productions, we are shaping a show where artists and fans connect across borders in new ways, through participation, community and deeper engagement beyond the stage, with ZOOP helping bring that fan experience to life.

To bring this incredible show to a new continent is something very special. I look forward to millions of people in Asia watching the competition and singing in front of the TV, dancing to the performances and predicting the outcome.”

Bangkok: Where Tradition Meets Tomorrow

Bangkok is a city where tradition and modern expression coexist seamlessly, it offers a natural home for a contest built on diversity and exchange, connecting artists and audiences from across the region and beyond.

The Contest will be broadcasted in partnership with Thailand’s Channel 3, alongside broadcasters from at least 10 countries across Asia, each bringing their own voice, identity and storytelling to the stage.

Hosting Eurovision Song Contest Asia is expected to generate strong international visibility for Bangkok, while supporting tourism, job creation and the continued growth of Thailand’s creative industries.

Thailand Welcomes The Region And The World

Eurovision Song Contest Asia will provide a powerful platform for artists to share their music, stories and identities with audiences across the region and globally, strengthening cultural exchange between Asia and Europe.

The event further reinforces Thailand’s position as a destination for world-class cultural and entertainment experiences.

Chuwit Sirivajjakul, Deputy Governor for Policy and Planning, at the Tourism Authority said:

“When I heard that the European Broadcasting Union and Voxovation were considering Bangkok as the home for the Eurovision Song Contest Asia, I thought, of course, it should be Bangkok, because this city has always been a place where cultures come together, where music fills the air, and where celebration is part of everyday life.

It is a place where tradition and innovation do not compete. They collaborate. That is the spirit of Eurovision, which celebrates the unity of diverse musical voices from across Asia and beyond.

We believe travel is in the moments that restore you, inspire you, and connect you to something larger than yourself. Eurovision Song Contest Asia embodies exactly that, and we are proud to welcome it home, marking a new chapter for Thailand’s global presence.”

Participating Countries

The inaugural Eurovision Song Contest Asia will bring together broadcasters from across the region, each representing their country with original music and national talent.

Confirmed participating broadcasters include:

Thailand — Channel 3 produced by S2O productions

South Korea

Philippines — ABS-CBN Corporation

Vietnam — Vietnam Television (VTV3) produced by Dao Music Entertainment

Malaysia — Media Prima (TV3)

Cambodia — TV5 Cambodia produced by GIGIL Cambodia

Laos — Vientiane Capital Television (VTE9) produced by 3SD Group & SG Music

Bangladesh — NTV produced by Bongo Holdings

Nepal — Himalaya TV produced by Saujanya Media

Bhutan — Bhutan Broadcasting Service (BBS)

Additional countries and broadcasters are expected to be announced in the coming weeks as the line-up continues to expand.

Journey to the Grand Final

The Grand Final of Eurovision Song Contest Asia 2026 is scheduled to take place in Bangkok on 14 November 2026.

Be part of the journey and follow Eurovision Song Contest Asia at www.eurovisionasia.com

Hashtag: #Voxovation

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

About the European Broadcasting Union (EBU)

The European Broadcasting Union (EBU) is the world’s leading alliance of public service media, representing over 110 member organizations in more than 50 countries, with an additional 30+ associates worldwide. The EBU operates Eurovision, the premier global media exchange network, and produces the Eurovision Song Contest, one of the world’s most watched live entertainment events, reaching hundreds of millions of viewers annually. Through its work, the EBU supports collaboration, innovation and the sharing of high-quality content across borders.

About Voxovation

Voxovation is a global entertainment company focused on developing, producing and scaling large-format television and live events. Founded by industry leaders with extensive experience in international entertainment formats, Voxovation specializes in bringing globally recognized IP to new markets and building original formats that connect audiences across cultures. The company is the exclusive licensee of Eurovision Song Contest Asia and is leading its development, production and commercialization across the region.

About S2O Productions

S2O, one of Asia’s most iconic live entertainment and production companies known for delivering large-scale events and premium experiences across Asia. Renowned for its world-class production, immersive water elements, and high-energy experiences, S2O will bring its creative and technical expertise to reimagine the Eurovision format for audiences across the Asian region and beyond. As a production partner for Eurovision Song Contest Asia, S2O will support the delivery of world-class live experiences in Bangkok.

About ZOOP

ZOOP is a next-generation social platform designed to connect creators, fans and communities through interactive digital experiences. As the exclusive social partner of Eurovision Song Contest Asia, ZOOP powers fan engagement across the platform, enabling participation, content interaction and community-driven experiences at scale. Built on Hedera technology, ZOOP delivers secure, transparent and scalable infrastructure for digital engagement, bringing audiences closer to the action than ever before.

For media enquiries on ZOOP, contact: [email protected]

In 2025, Phancy reported total revenue of RMB7.135 billion, representing a strong year-on-year increase of 35.6%. Adjusted net profit attributable to the parent company reached RMB17.84 million, a milestone reflecting significant advance in operational efficiency, business model strength, and resilience. During the reporting period, the three core business segments — AI Platform, API, and Agentic AI — delivered synergistic growth, with revenues of RMB6.552 billion, RMB79.9 million, and RMB503 million respectively, representing year-on-year increases of 32.0%, 129.2%, and 93.2%. The company has a total of over 1,000 contracted clients with deep penetration across more than 20 high-value industries, including energy, manufacturing, finance, retail, and telecommunications. Order on hand amounted to over RMB8.9 billion, surpassing the Company’s total revenue in 2025.

Dr. Dai Wenyuan, Founder, Chairman of the Board, and Chief Executive Officer of Phancy Group Co., Ltd. said, “2025 was a landmark year for Phancy. We completed a comprehensive strategic upgrade from ‘Fourth Paradigm’ to ‘Phancy Group’, signifying our transformation from an enterprise AI platform to a full-stack AI ecosystem and officially entering the AI 2.0 era. This performance breakthrough validates the development philosophy and strategic vision we have long pursued, demonstrating our forward-looking industry insight and long-term value creation capabilities. As we embrace the next wave of AI, we will continue to focus on ‘AI Agent + World Model’ as our core technology path, strengthen computing power and foundational capabilities, drive deeper value realization of AI, and work with ecosystem partners to build a sustainable intelligent future.”

Performance Highlights:

• Total revenue reached RMB7.135 billion, up 35.6% year-on-year; adjusted net profit amounted to RMB17.84 million, marking the first full-year profitability.
• According to IDC, Phancy ranked first in China’s machine learning platform market for seven consecutive years, with a 34% market share.[i]
• Orders on hand amounted to over RMB8.9 billion, surpassing the Company’s total revenue in 2025.
• AI Platform contributed RMB6.552 billion in revenue, up 32.0% year-on-year, accounting for 91.8% of total revenue and serving as the core growth pillar.
• API business, driven by a token-based model, became the fastest-growing segment with revenue of RMB79.9 million, representing explosive year-on-year growth of 129.2%.
• Agentic AI business, centered on a “Result-as-a-Service” model, achieved revenue of RMB503 million, up 93.2% year-on-year, demonstrating strong momentum and sustainable scalability.

Business Highlights:

In 2025, Phancy’s three core business segments — AI Platform, API, and Agentic AI — established a multi-engine growth model, creating a cycle of synergy and mutual reinforcement.

AI Platform: Sustained Growth Driver

Driven by strong domestic demand for localization and the national “AI+” initiative, the AI Platform remained the Company’s core growth engine. With its full-stack product portfolio and leading market position, the segment delivered deep integration between computing power and platform services, lowering barriers to AI adoption. Supported by a comprehensive technology framework and a strong customer base, the AI Platform effectively boosted performance and contributed to the Company’s profitability breakthrough.

The Company continued to drive technological iteration, with a strategic focus on three core offerings: PhanthyCloud, HAMi vGPU, and ModelHub XC.

1. PhanthyCloud – the backbone of the full-stack AI PaaS cloud service, integrating diverse AI capabilities to provide efficient, cloud-based services. Seamlessly connected to ModelHub XC and HAMi vGPU, PhanthyCloud delivers model adaptation and computing power scheduling, while maintaining broad compatibility with mainstream domestic chips to support digital transformation.
2. HAMi vGPU – a core GPU resource management product that allows GPUs to be flexibly shared and scheduled. Customers can tailor GPU configurations to their business needs, significantly improving utilization rates.
3. ModelHub XC – China’s largest ITAI (information technology application innovation) model community, designed to promote deep adaptation between domestic chips and AI models. The number of adapted and certified models has now surpassed 30,000. The Company had initially planned to scale the number of adapted models to the hundred-thousand level within a year, a milestone it has already achieved ahead of schedule.

API Business: Fastest Growth Engine

With the rapid adoption of AI Agents, token consumption has grown exponentially. Phancy’s API business, built on a flexible pay-as-you-go model and a comprehensive ecosystem, achieved leapfrog growth, and became the Company’s fastest growing segment. Token revenue for the first quarter of 2026 alone has already surpassed the full-year total for 2025.

The API business is anchored by the Phanthy platform, complemented by PhanRouter and PhanClaw, creating a comprehensive token ecosystem in synergy with the Sage Platform:

1. Phanthy – the core platform of the token-based ecosystem. It integrates cloud services with more than 30,000 adapted models and industry-specific vertical models, delivering accessible API capabilities that reach over 100 million of terminal products and support the large-scale deployment of AI capabilities.
2. PhanRouter – a unified API gateway for large models. It enables developers and enterprises to seamlessly connect with dozens of mainstream model providers, it is compatible with the OpenAI standard and major domestic chips, and supports both private deployment and token-based payment, reducing customer costs and easing operational complexity.
3. PhanClaw – an agent platform deeply integrated within PhanthyCloud and serves as an extension of the OpenClaw ecosystem. It is designed to provide users with secure, controllable, and cost-efficient digital assistant services. Working in synergy with Phanthy and PhanRouter, PhanClaw manages the token lifecycle, including risk control, permission management, and log auditing, meeting the stringent security and compliance requirements of industries, such as finance and government affairs.

Agentic AI: Long-Term Sustainable Growth

Agentic AI serves as the Company’s revenue cornerstone and a “value multiplier” for empowering a wide range of industries. Operating under a Result-as-a-service model and aligned with national “AI+” energy development policies, this segment expanded rapidly across high-value industries, achieving economies of scale and strong growth momentum. Working in synergy with the AI Platform and API businesses, Agentic AI provides long-term support for revenue and contributes to the high-quality development of the Company’s operations.

In terms of business expansion, the Company is focusing on core scenarios in spot electricity trading and medium- to long-term electricity trading. It has developed a full-chain AI solution encompassing forecasting, decision-making, risk control, and post-trading review. This solution has already been deployed in multiple pilot provinces and recognized by key customers, effectively improving efficiency and profitability in wind power, photovoltaics, and energy storage. This model is now being rapidly extended to other industries, including manufacturing and finance.

Future Outlook:

Looking ahead to 2026, Phancy will continue to advance its four strategic priorities: deepening its AI 2.0 roadmap, accelerating the deployment of industrial-grade AI Agents, driving international expansion, and further extending into the consumer market.

In terms of the AI 2.0 roadmap, the Company will continue to pursue its core philosophy of “AI for Everyone”, focusing on foundational technology R&D and real-world deployment. By refining its end-to-end technology system, Phancy aims to lower barriers to AI adoption and enable more enterprises and users to benefit from AI. For industrial-grade AI Agents, the Company will accelerate deployment under a Result-as-a-service model, deepening its presence in key sectors such as energy and finance, and developing replicable, scalable industry solutions, to expand business scale and profitability. On international expansion, Phancy will strengthen partnerships with overseas brands and channels, building a robust global operations framework to support worldwide growth. In the consumer market, the Company will focus on core consumer needs by launching high-experience smart terminal products, further expanding its customer base and establishing a dual-driven growth model powered by both technology and market reach.

Hashtag: #PHANCY

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

About Phancy Group

Phancy Group (Stock Code: 6682.HK) is a leading artificial general intelligence technology company. Guided by its mission of “AI for Everyone”, the Company is committed to empowering industries across the board through its “AI Agent + World Model” technology approach. Founded in 2014, the Company underwent a comprehensive restructuring in 2025, establishing multiple business divisions including Enterprise Services (Fourth Paradigm), Large Models & AGI (Pantheon), Consumer Electronics (Paradigm Pilot), Smart Energy (PhancyArc), and Smart Sports (Phancy Wonder). To date, the Company has successfully deployed over 10,000 AI applications across sectors such as finance, retail, and healthcare, consistently striving to advance the democratization of AI and help enterprises achieve sustainable growth.

PERSOL Outsourcing will deliver tailored end-to-end solutions for today’s evolving business landscape

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 31 March 2026 – PERSOL, Asia Pacific’s leading HR solutions provider, today announced the official launch of PERSOL Outsourcing. This strategic rebranding brings together the collective strengths of P-Serv and EVO, creating a unified, future-ready outsourcing brand designed to help Malaysia businesses navigate an increasingly complex and tech-driven market.

The rebranding of P-Serv and EVO as PERSOL Outsourcing marks a significant milestone in PERSOL APAC’s regional growth strategy. By combining three decades of operational stability with digital capabilities, PERSOL Outsourcing is positioned to deliver tailored end-to-end solutions that integrate People, Process, and Technology.

“The transition to PERSOL Outsourcing is a natural evolution of our deep-rooted presence in Malaysia and the wider region,” said Brian Sim, Managing Director and Country Head of PERSOL Malaysia. “By unifying the specialised domain expertise of P-Serv and EVO, we are better positioned to help our clients navigate the evolving business and workforce landscape. Our clients will continue to work with the same expert teams they trust, but with the added benefit of unified regional scale and enhanced digital capabilities that drive long-term resilience and efficiency.”

Tailored Solutions for an Increasingly Complex Landscape

PERSOL Outsourcing addresses the rising demand for agile delivery models in a regional Business Process Outsourcing (BPO) market that is expected to reach US$147.06 billion by 2032. In Malaysia, Customer Experience BPO market generated US$1.43 billion in 2024 and is projected to grow at a CAGR of 12.5% by 2030. As local and regional enterprises increasingly seek partners who can navigate this rapid growth through specialised domain expertise, PERSOL Outsourcing will focus on delivering solutions across three core pillars:

• Customer Experience: Supporting service delivery across all touchpoints, from customer service management to omnichannel contact centre operations and front-of-house operations.
• Corporate Services: Streamline complex shared service operations through a comprehensive suite of solutions including Human Resource Advisory, Finance, Marketing, and Compliance. Services include the management of intricate administrative, facility, and regulatory requirements based on organisational needs and growth trajectories.
• Technical: Driving digital transformation through engineering and IT infrastructure management. Capabilities span cloud operations, digital support, and platform management, leveraging AI implementation and automation to innovate and improve core business processes.

Effective immediately, P-Serv and EVO will operate under the PERSOL Outsourcing brand. The integration will allow clients to tap into an expanded suite of regional resources and digital innovations designed to drive greater operational efficiency.

For more information, please visit https://www.persoloutsourcing.com/.

Hashtag: #PERSOLOutsourcing

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

About PERSOL Outsourcing

PERSOL Outsourcing is a regional strategic partner delivering comprehensive outsourcing solutions that seamlessly integrates people, process, and technology. As a newly integrated brand following the rebranding of P-Serv and EVO, PERSOL Outsourcing unites three decades of operational excellence with deep domain expertise to drive agility and resilience for enterprises across Asia-Pacific.

About PERSOL APAC

PERSOL is Asia-Pacific’s leading Staffing and HR solutions partner, operating across 13 markets with deep local insight and regional scale. With more than 140 offices and decades of experience, we deliver integrated workforce solutions that are tailored, tech-enabled, and designed for the dynamic world of work.

We combine human expertise with smart technology to help organisations solve workforce challenges, unlock potential, and stay ahead of change. From recruitment and talent management to workforce strategy and advisory, our collaborative approach puts your goals at the centre.

In 2025, we came together under the PERSOL name – reflecting our bold vision for the future of work and our Group’s Vision: ‘Work and Smile’. Whether you’re building teams, growing careers, or transforming how work gets done, we’re here.

South Korea is weighing whether to extend car-use restrictions beyond the public sector as oil prices climb sharply, a step that would amount to the country’s first nationwide driving curbs since the 1991 Gulf War if it is applied broadly to the public. Finance Minister Koo Yun-cheol said wider restrictions could come into play if crude prices rise into a $120-$130 a barrel range, up from about $100-$110 now, as Seoul tries to contain fuel demand and cushion the economic shock from turmoil in the Middle East.

The discussion marks an escalation from measures already in force. Public institutions are operating under a five-day vehicle rotation system, while large companies including Samsung Electronics and SK Group have begun urging staff to cut private car use, reduce parking demand and adopt other energy-saving practices. Officials have also left open the possibility of further fuel-tax relief to soften the burden on households and businesses, though no final decision has been announced on compulsory curbs for private motorists.

At the centre of Seoul’s concern is its exposure to imported energy. About 70% of South Korea’s oil imports come from the Middle East, leaving the country highly sensitive to any disruption in supplies or shipping routes. The government raised its crude oil supply disruption alert to Level 2 on March 18 as tensions mounted, signalling a more serious official assessment of the risks facing one of Asia’s largest energy importers.

The external shock has been severe. Reuters reported that Brent crude climbed to nearly $115 a barrel over the weekend and above $116 on Monday, putting it on course for its biggest monthly jump on record, while US crude also surged past $100. The rally has been driven by a widening conflict linked to Iran and growing anxiety over disruptions around the Strait of Hormuz, a vital artery for global oil flows. That backdrop has sharpened pressure on Asian economies that rely heavily on imported fuel, with South Korea among the most exposed.

For policymakers in Seoul, the issue is no longer only about fuel bills. Higher oil prices threaten to spill into inflation, transport costs, industrial input prices and consumer sentiment. A Reuters poll published on Monday projected that South Korea’s imports rose 18% in March, the fastest pace since September 2022, largely because of elevated oil prices, even as exports remained buoyant on strong semiconductor demand. That split picture captures the dilemma facing the government: trade performance is being helped by chips and artificial intelligence-linked demand, but the economy’s dependence on imported energy is pushing up costs and widening vulnerability.

President Lee Jae Myung has responded by urging a nationwide energy-saving drive, while Energy Minister Kim Sung-whan has pushed demand management and warned against panic behaviour. The government has promoted 12 power-saving practices, from shorter showers to shifting electricity use away from peak hours, and has also moved to restart several nuclear reactors, loosen coal plant restrictions and expand renewable energy to offset pressure on gas imports. The mix underlines how Seoul is trying to balance short-term crisis management with longer-term energy security, even as those goals can pull in different directions.

That tension is visible in the broader regional response. Across Asia, governments are looking again at emergency stock releases, fuel-saving directives and, in some cases, greater coal use to bridge supply gaps. Analysts say such measures may shield economies from the immediate shock, but they also expose how quickly climate and transition goals can be tested when energy security comes under strain. In South Korea’s case, the administration’s public emphasis on renewables sits alongside plans to lean harder on nuclear and coal generation if needed.

The market fallout has already been visible in financial assets. South Korean equities were hit as investors fled Asian markets on fears of a prolonged oil shock, though some analysts argue the sell-off has reflected panic rather than a collapse in fundamentals. Technology and industrial names remain central to the country’s earnings outlook, but energy-intensive sectors face a tougher operating environment if high crude prices persist or if physical shortages emerge.

Hong Kong Institute of Vocational Education (Shatin), St. Paul’s College, Tai Po Old Market Public School Crowned Champions with St. Paul’s Convent School Named Most Active Participant

HONG KONG SAR – Media OutReach Newswire – 30 March 2026 – Samsung ‘Solve for Tomorrow,’ a global inter-school technology competition operating in 68 countries, has been held in Hong Kong since 2013, empowering youth to address social and global challenges through innovation. This year, two core themes guided participants: Topic 1: Environmental Sustainability via Technology — Create sustainable solutions to protect our planet via AI, and Topic 2: Social Change through Sport & Tech: For Better Futures — Harness the power of AI technology and sports to open new opportunities. Both themes rigorously challenged students to innovate beyond traditional boundaries, leveraging AI and cutting-edge technologies to develop creative, practical solutions to complex societal issues and actively shape a better future.

Running from September 2025 to March 2026, the competition, co-organized by AiTLE and fully backed by the HKSAR Education Bureau’s ‘Business-School Partnership Programme’ and Hong Kong Education City, attracted over 250 teams from 100 tertiary, secondary and primary schools. Each team demonstrated unique technological approaches to tackle pressing social issues.

Yiyin Zhao, Managing Director, Samsung Electronics H.K. Company, Limited, stated: ‘Samsung has always believed technology is not merely a tool for changing lives, but a vital force driving social progress. ‘Solve for Tomorrow’ empowers young people to leverage creative thinking and technology to address real-world needs and challenges. It’s more than a competition; it’s a journey of innovative exploration that nurtures and empowers the younger generation. The widespread adoption of AI, in particular, presents unprecedented opportunities for innovation. This year, we were delighted to see students actively using AI and diverse technological solutions across the community, environment, sports, and sustainability, submitting outstanding, inspiring, and practical work. This truly demonstrates the remarkable creativity, keen observation, and effective problem-solving skills of Hong Kong’s youth.”

Samsung Nurtures Tomorrow’s Tech & Innovation Leaders
She also hopes the competition will encourage more students to step out of their comfort zones: “Beyond stimulating creativity and developing innovative solutions, we aim to cultivate critical skills: problem-solving, critical thinking, teamwork, and communication. This equips students to navigate the challenges of our rapidly evolving intelligent era confidently. We believe this competition will discover and cultivate the next generation of innovation and technology talent, contributing significantly to both Hong Kong’s and global innovation.

Samsung Solve for Tomorrow extends beyond monetary rewards, actively aligning with the Education Bureau’s ‘Business-School Partnership Programme’ to provide invaluable hands-on experience. Tertiary champions secure corporate internships, while secondary champions and first runners-up gain critical work experience, preparing them for future careers. The competition ignites students’ passion for technology and STEM, building a robust foundation for their innovation journeys and continually inspiring alumni to pursue pioneering solutions.

Final Awards Reveal Extraordinary Creativity
After the initial judging round, 95 outstanding projects advanced. They then refined their innovative solutions in Design Thinking workshops and through expert guidance. The judging panel then selected the nine finalists—the top three teams from each category, who will present their detailed project concepts and results, vying for the ultimate recognition.

Tertiary Category Champion “AquaPulse” – Developed by the Hong Kong Institute of Vocational Education (Shatin), AquaPulse is an AI coastal protection system powered by continuous 24/7 tidal and solar energy with integrated storage. It reliably detects abnormalities such as falling into the sea, even at night or in adverse weather, using millimeter-wave radar and AI vision. Upon detection, it instantly notifies rescue teams via lamppost positioning, significantly shortening response times. AquaPulse also monitors environmental data, aiming to create safer, more sustainable waterfronts for Hong Kong.

Secondary Category Champion “Plastine” – Developed by St. Paul’s College, Plastine is a solar-powered microplastic removal system for freshwater environments. It utilizes advanced electrocoagulation with aluminum electrodes to aggregate microplastics for efficient filtration and collection. Combining IoT sensors and AI algorithms, Plastine intelligently identifies optimal deployment locations. Focused on Hong Kong’s microplastic-rich rivers, it purifies water, safeguards public health, and restores aquatic ecosystems.

Primary Category Champion “Yoga 24 Go!” Wellness Exercise App – Developed by Tai Po Old Market Public School, “Yoga 24 Go!” is an innovative wellness application. It intelligently integrates the health wisdom of Traditional Chinese Medicine’s 24 solar terms with the body’s 12 meridians. Guiding users through specific yoga poses for each solar term, the app promotes “seasonal wellness” by targeting health goals such as nourishing the liver in spring, the heart in summer, the lungs in autumn, and the kidneys in winter

Award List (for details, please refer to the appendix):

Hashtag: #Samsung #SolveforTomorrow

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

About Samsung Solve for Tomorrow

Samsung Solve for Tomorrow is an annual competition that brings together the creativity and passion for new technologies of young people around the world to solve social problems in local communities. In 2013, Samsung introduced this meaningful event to Hong Kong, inspiring tens of thousands of students to develop innovative solutions to address social issues in the City. Samsung is promoting the new educational philosophy of STEM. Besides encouraging Hong Kong students to deepen their knowledge of STEM – Science, Technology, Engineering and Mathematics – Samsung hopes that they can develop empathy and a sense of responsibility and apply their STEM knowledge to contribute to society. Through the competition, Samsung hopes to cultivate tomorrow’s thought leaders, equipping them with both technological knowledge and a sense of responsibility as global citizens. To learn more about Samsung Solve for Tomorrow, please visit: https://hkclubs.samsung.com/hk/offer/solvefortomorrow2025/

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, memory, system LSI, foundry and LED solutions, consistently elevating their performance and innovation to new heights. For the latest news, please visit the Samsung Newsroom at http://news.samsung.com/.