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HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – Tesson Holdings Limited (Stock Code: 01201.HK) recently hosted the “Tesson Smart Energy: Recharged & Ready” 2026 Brand Evolution & Strategic Partnership Signing” at Renaissance Harbour View Hotel Hong Kong. At the event, Tesson Holdings Limited formally announced its strategic upgrade from lithium-ion motive battery manufacturing business toward new energy smart electricity platform-based operation. The company also entered into strategic and industrial partnership agreements with Logistics Planning Research Institute of China Federation of Logistics & Purchasing (CFLP), Zhongke Lianli (中科连理) and Hong Kong Polytechnic University Anlaseo Technology respectively.

The event was attended by core management of Tesson Holdings : Chairman and Executive Director, Mr. Wei Mingren; Executive Director and Chief Executive Officer, Mr. Li Jingquan; Executive Director, Mr. Li Yang; as well as distinguished guests including Ms. Li Jinying (李錦瑩), President of Logistics Planning Research Institute of CFLP; Mr. Yan An (閆安), President of the Digital Lianli Research Institute of the Jiangxi Centre of the Chinese Academy of Sciences (CAS) (中科院江西中心數字連理研究院); Professor Yu Changyuan, Chairman of Anlaseo Technology; and Dr. Cheng Zhi, Chief Executive Officer of Anlaseo Technology.

Strategic Evolution: From “Battery Manufacturing” to “Smart Energy Operation”

Tesson Holdings has long been engaged in the research, manufacturing and sales of lithium-ion motive batteries. In 2025, the Company launched its Hong Kong-based “photovoltaic storage charging and checking” AI-inspected ultra-fast charging and zero-carbon microgrid asset operation business, completing the acquisition of the assets of seven new energy integrated service stations and marking its first step towards strategic recharge.

Mr. Wei Mingren said that the recharge does not represent a departure from the Company’s existing industrial foundation, but rather based on the company’s past decade of industrial foundation of the system of motive battery manufacturing business, the experience of the operation of charging network in Hong Kong and the capabilties of industrial integration and capital management.”Based on our manufacturing foundation, Tesson Holdings is accelerating its transformation into a smart energy platform operator, enabling every unit of electricity to unleash greater value.”

Mr. Li Jingquan outlined development pathway of the company:”Battery manufacturing → zero-carbon microgrid and energy storage operations → AI-powered electricity trading and carbon-energy asset management platform.”

He noted that Tesson will leverage its “photovoltaic storage charging and checking” microgrid operations as an entry point, collaborate with supply chain partners to develop zero-carbon microgrids and virtual power plants, while strategic upgrade gradually from an energy equipments manufacturer into a smart energy platform operator.

Mr. Li Yang further elaborated on the company’s core competitiveness built around “Data, Intelligence and Electricity”:”Data” represents the credible data base; “Intelligence” represents the AI-driven capabilities of electricity trading; “Electricity” represents capabilities of electrical assets operation.

The Company will expand its regional market presence actively, aim to secure over 10% of regional market share in multiple cities, and building an operating ecosystem servicing up to 10 billion kWh of electricity consumption.

Industrial Opportunities: Policy Support Driving New Energy Infrastructure Development in Mainland China and Hong Kong

Ms. Li Jinying (李錦瑩) noted that China is simultaneously advancing the upgrading and restructure of two major infrastructure networks — the new power system and modern logistics network.

She highlighted that logistics facilities are evolving beyond traditional transportation hubs into important industrial platforms for energy consumption, green transformation and electrical data collection. The cooperative operation of energy flows, logistics flows and data flows is reshaping the pattern of national infrastructure. Tesson Smart Energy timely deploy related industries

Since 2026, the company has entered into strategic cooperation memorandum of understanding with DST Sustainable Technology (Shenzhen) Co., Ltd. (地上鐵綠色科技(深圳)股份有限公司) (DST) and China Railway First Group Co., Ltd respectively. The first pilot project of China Railway First Group, located at car park of Hoi Wang Road in Tsuen Wan, Hong Kong, and will be developed into a zero-carbon integrated facility combining parking, charging and vehicle inspection functions.

Meanwhile, the joint venture company established with DST plans to build 10 more multi-functional battery swapping stations.

The launch event follows the completion of the Company’s financing activity of placing of new shares. With the completion financing activity of placing, strategic launching and industrial partnership signings simultaneously, signaling the new energy strategic of”Tesson Smart Energy”which is driven by “Technology + Industry + Capital” formally set sail.

Strategic Partnerships Covering the Full “Industry–Research–Application” Value Chain

The three strategic partnership signings at the event covering national think tank, research institutions and university spin-offs, surrounding modern power and development of new energy ecosystem, forming a complete layout from strategic planning, technology development and commercial application.

Mr. Wei Mingren said the significance of these signings is not only “plans announcing”, but rather is “in progress and amplifying the outcomes through ecological cooperation”.

The cooperation between Tesson Holdings and Logistics Planning Research Institute of CFLP is particularly crucial. Both parties will establish a joint venture big data operation company in Beijing to formally advance to transport logistics, important scenario of power consumption.

As a national logistics think tank and the Purchasing Managers’ Index (PMI) publishing organization, the Logistics Planning Research Institute of CFLP, both parties will work together to explore the integration path of new and renewable energy power and green logistics, pushing logistics industry to upgrade in the direction of low-carbonization and intelligentization.

Afterwards, Tesson Holdings also signed a strategic cooperation agreement with Zhongke Lianli (中科连理) focusing on development of industrial brain data resource, digitization of logistics hub energy and scenario collaboration of modernized power grid, further improving the capabilities of digitization and intelligentization of new energy industry

Finally, Tesson Holdings entered into a strategic partnership with Hong Kong Polytechnic University Anlaseo Technolgy, which is a startup incubator of Hong Kong Polytechnic University. Anlaseo Technology was also subsidized by the Hong Kong Government’s “Research, Academic and Industry Sectors One-plus Scheme (RAISe+)”.Its intelligent battery sensor system enabling intelligent lifecycle monitoring of batteries through edge computing and AI algorithm, providing the core technological support in the of field of such as electrical safety awareness and smart management. .

Future Outlook: Anchoring the Strategic Position of Smart Energy Platform Operator

With the upgrade of strategy of “Tesson Smart Energy” and the implementation of significant industrial cooperation partnership signings, Tesson Holdings is in the stage of systematically advancing the deployment of new energy ecosystem.

Looking ahead, Tesson Holdings will continue advancing systematic deployment across energy generation, distribution and consumption sectors with core strategic brand of “Tesson Smart Energy”.

Through a dual strategy combining strategic acquisitions and organic development, Tesson Holdings aims to build an integrated new energy ecosystem covering renewable energy generation, energy storage, charging infrastructure, electricity trading and carbon-energy asset management.

Hashtag: #Tesson

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

About Tesson Holdings

Tesson Holdings Limited (Stock Code: 01201.HK) is a company listed on Hong Kong Exchanges and Clearing Limited principally engaged in the research, manufacturing and sale of lithium ion motive battery and investment and operation of new energy electric vehicles ultra-fast charging stations

On 10 August 2026, the company formally launches the newest strategic brand “Tesson Smart Energy” accelerate new business innovation such as the deployment of photovoltaic storage charging and checking zero-carbon microgrid, AI-powered electricity trading, operation of carbon-energy assets, transforming into a premier new energy smart electricity platform operator.

HONG KONG SAR – Media OutReach Newswire – 19 August 2026 – The annual Digital Entertainment Leadership Forum 2026 (DELF 2026), organised by Cyberport, will be held from 28 to 30 August 2026 at Cyberport. Under the theme “The Dreamatic Circus” DELF 2026 brings together creators, experts and industry leaders to explore how artificial intelligence (AI) is unleashing boundless creativity and redefining digital entertainment and content creation experiences.

Over the three-day event, more than 60 distinguished leaders and professionals from the technology, entertainment and creative sectors in Hong Kong, the Chinese Mainland and around the world will discuss how AI, immersive technologies and cutting-edge innovations are reshaping content creation and entertainment experiences. As AI continues to lower the barriers to creation, the content industry is rapidly evolving from content production toward the development of the IP economy. This year’s forum will focus on how AI empowers creators and enterprises to build globally competitive original intellectual properties (IPs), while examining how Cyberport’s AI infrastructure, innovation ecosystem and international network can help transform innovative ideas into commercialised products, brands and globally recognised IPs, further strengthening Hong Kong’s position as a leading digital entertainment and IP innovation hub in Asia.

Dr Rocky Cheng, Chief Executive Officer of Cyberport, said: “Artificial intelligence is reshaping the cultural and creative industries, opening up unprecedented opportunities for creators, businesses and society. DELF 2026 brings together technology, creativity and business to foster cross-sector collaboration, advance original content creation, support IP incubation and accelerate commercial applications. Leveraging its AI infrastructure, industry ecosystem and global partnership network, Cyberport will continue to support innovative enterprises and original IP creators in seizing the opportunities of the AI era and expanding into international markets.”

Today, Cyberport also hosted a special panel discussion titled “From AI Creation to Global IP: New Opportunities for the Entertainment Industry,” bringing together industry experts to explore emerging opportunities in content creation, IP incubation and commercialisation in the age of AI. Moderated by Ir Eric Chan, Chief Public Mission Officer of Cyberport, the discussion featured Mr Frankie Tam, Creative Director of Ultra Instinct Limited; Ms Polly Yeung, Chief Executive Officer of Gudo Inc.; and Ms Louie Cheng, Director of AI Education and OPC Entrepreneurship Incubation at FizzDragon. Panellists agreed that AI is not only significantly enhancing content creation efficiency but is also accelerating the transition of the content industry into the era of the IP economy, creating broader commercial and international development opportunities for Hong Kong’s original IPs.

Ir Eric Chan, Chief Public Mission Officer of Cyberport, said: “AI is unlocking unprecedented creative possibilities and injecting fresh momentum into Hong Kong’s cultural and creative industries. As the industry enters a new phase of transformation, our focus should go beyond encouraging the creation of original content. We must also help promising IP develop long-term value, progressing from creative ideas to practical applications, and from individual works to recognised brands. Cyberport will continue to advance its public mission by connecting technology, creativity, talent and industry resources, empowering more local creators and enterprises to harness AI and turn Hong Kong’s creativity into market-ready outcomes with international potential.”

Over the three days, the forum will feature discussions on a wide range of topics, including AI collaboration, IP ecosystem development, the cultural and creative economy, smart cities, and future living. Speakers and representatives from organisations such as the University of Southern California (USC), The Hong Kong Academy for Performing Arts, TVB Plus, GGWP, Mei Ah Entertainment, and Xi’an XR Film Industry Base will share insights on how AI is driving innovation, commercialisation and globalisation across the creative industries.

In addition, the interactive experience zone will feature four themed areas and more than 35 experiential activities, showcasing diverse digital entertainment and smart living scenarios powered by AI, immersive technologies and other advanced innovations.

The four themed zones include:

  • Arts & Culture – featuring the immersive interactive art exhibition Another World: RADIANCE, Cyberport’s original immersive cultural exhibition The Reveries of Ancient Egypt, Hong Kong’s first XR 6D experience Harbour Dreams: Hong Kong XR Adventure, and the complete VR experience Versailles: The Lost Gardens of the Sun King VR experience.
  • Digital Entertainment – showcasing innovative projects including Nikopicto’s interactive skateboard experience SkateAway Circus, TVB Music Money Monster System, and the FizzDragon AI Short Drama Creation Platform.
  • Smart Living & Business – featuring products such as Genesis One’s 3D & AI Smart Fashion Platform, allowing visitors to experience how technology is transforming everyday life.
  • Robotics & Drones – presenting consumer robotics innovations such as combat robots and AI interactive smart vehicles developed by Jin Technology, alongside the “Charting the Future: eVTOL Inaugural Test Flight,” highlighting the latest developments in interactive technology, the low-altitude economy and smart mobility.

To encourage visitors to explore the diverse digital entertainment experiences, DELF 2026 will launch a special “Play-to-Earn” campaign that combines gamification and rewards. Participants can collect stamps by completing designated tasks across the four themed zones and redeem gifts, while those who complete all challenges will have a chance to receive limited-edition merchandise from the Hong Kong original animation IP Another Worlds.

The event will also feature AI interactive workshops under the Cyberport Academy: DELF 2026 – AI Cultural & Creative Micro-Academy, where participants can learn creative skills such as concept art design and video production. In addition, the event will feature a special movie screening programme showcasing a Mars-themed AIGC sci-fi short drama from Singapore, selected works from the 3rd AI-assisted animation production support scheme, and 2nd HKUST AI Film Festival. Complemented by a live performance from popular K-pop band XODIAC and an indoor drone cirque, the programme will deliver an immersive experience that brings together artificial intelligence, digital entertainment and creative technology.

For more information about DELF 2026 and the speaker lineup, please visit: https://delf.cyberport.hk.

Please click HERE to download the high-resolution press photos.

Photo 1: Dr Rocky Cheng, Chief Executive Officer of Cyberport (centre); Ir Eric Chan, Chief Public Mission Officer of Cyberport (third from right); Mr Terence Leung, Curator of the Digital Entertainment Leadership Forum at Cyberport (second from left); Mr Frankie Tam, Creative Director of Ultra Instinct Limited (second from right); Ms Polly Yeung, Chief Executive Officer of Gudo Inc. (first from right); and Ms Louie Cheng, Director of AI Education and OPC Entrepreneurship Incubation at FizzDragon (first from left), posed for a group photo at the DELF 2026 press conference, previewing the forum to be held at Cyberport from 28 to 30 August and highlighting a series of exciting upcoming programmes and activities.
Photo 2: Dr Rocky Cheng, Chief Executive Officer of Cyberport, said that AI is reshaping the cultural and creative industries, opening up unprecedented opportunities for creators, businesses and society. Leveraging its AI infrastructure, industry ecosystem and global partnership network, Cyberport will continue to support innovative enterprises and original IP creators in seizing the opportunities of the AI era and expanding into international markets.
Photo 3: Ir Eric Chan, Chief Public Mission Officer of Cyberport (first from left), moderates the panel discussion “From AI Creation to Global IP: New Opportunities for the Entertainment Industry,” joined by Mr Frankie Tam, Creative Director of Ultra Instinct Limited (second from left); Ms Polly Yeung, CEO of Gudo Inc. (second from right); and Ms Louie Cheng, Director of AI Education and OPC Entrepreneurship Incubation at FizzDragon (first from right), discussing how AI is reshaping content creation and driving the growth of the IP economy.
Photo 4: Mr Terence Leung, Project Curator, Digital Entertainment Leadership Forum,

Cyberport, introduces the key highlights of DELF 2026 to the media.

Photo 5: Mr Terence Leung, Curator of the Digital Entertainment Leadership Forum at Cyberport (second from left); Mr Frankie Tam, Creative Director of Ultra Instinct Limited (first from right); Ms Polly Yeung, Chief Executive Officer of Gudo Inc. (first from left); and Ms Louie Cheng, Director of AI Education and OPC Entrepreneurship Incubation at FizzDragon (second from right), posed for a group photo with “Gudo” (centre), a character from Another World, at the DELF 2026 press conference.
Photo 6 – 11: Multiple booths on display at the DELF 2026 press conference, including Genesis ONE (photo 6), HTC HK Limited (photo 7), Jin Technology Limited (photo 8), Gudo Inc (photo 9), FizzDragon (photo 10) and Hong Kong Blind Union (photo 11).

Hashtag: #DELF #Cyberport

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

About Hong Kong Cyberport

Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,400 companies, including 29 listed companies and 10 unicorns. One-third of onsite companies’ founders come from 28 countries and regions, while Cyberport companies have expanded to over 35 global markets.

Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 500 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.

Also as “State-level Scientific and Technological Enterprise Incubator” and Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Chinese Mainland and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.

For more information, please visit .

As EV adoption develops across the Middle East, VinFast is working with local partners across distribution, charging and aftersales to strengthen the ownership experience.

DUBAI, UAE – Media OutReach Newswire – 18 August 2026 – The global EV market is entering a stage where selling the vehicle is only part of the challenge. As more electric vehicles reach new markets, automakers with international reach also need to build the infrastructure, service capabilities and customer support systems that can sustain ownership long after the initial sale.

Building a Global EV Footprint: How VinFast and Local Partners Power Middle East Expansion

This is particularly relevant in the Middle East, where EV adoption is gaining momentum and international brands are expanding their presence. For newer EV manufacturers, establishing a reliable ownership ecosystem requires more than simply importing vehicles. It also means working with local partners that understand the market, regulations and customer expectations.

Vietnam-based VinFast is among the companies taking this approach. As it enters the Middle East, the company is making substantial commitments to customers, including a 10-year/200,000-km vehicle warranty, a 10-year unlimited-kilometer battery warranty and five years or 100,000 km of free service for the all-electric mid-size VF 8. Supporting such commitments requires an aftersales infrastructure capable of serving customers throughout the ownership journey, which is why VinFast is taking a partnership-led approach to its expansion in the UAE, combining its EV business with established local expertise across distribution, service and charging.

VinFast signed an exclusive dealership agreement with Al Tayer Motors in 2024 for the distribution of VinFast EVs in the UAE. Established in 1982, Al Tayer Motors is one of the UAE’s leading automotive groups and represents major European and American automotive brands. It has a network of sales, service and parts centers, supported by 2,700 employees and digital platforms including e-commerce and a dedicated app. Al Tayer Motors also planned to establish a network of VinFast facilities across the UAE, extending the brand’s local service infrastructure.

VinFast has continued to strengthen that infrastructure through additional partnerships. In February 2026, VinFast Middle East signed a Memorandum of Understanding with PlusX Electric, a DEWA-approved EV charging and electric mobility solutions provider in the UAE.

The partnership focuses on charging accessibility and customer support, with the two companies exploring Portable EV Charging Pods, on-demand mobile charging and emergency charging as part of EV roadside assistance. They will also explore scalable charging and mobile-support solutions for commercial and fleet customers, as well as digital integration to streamline charging bookings and service updates.

The same partnership model extends to VinFast’s wider global aftersales strategy. At its 2026 Global Business Conference, the company signed MOUs with 29 aftersales partners across its international markets, including the Middle East. The partners are expected to establish EV service workshops that meet VinFast’s global standards, while VinFast aims to expand to more than 1,100 service workshops globally in 2026. The network will be supported by standardized technician training and certification, consistent operating procedures and quality controls, while its parts network targets delivery of common spare parts within 24 hours in key markets.

For EV brands entering the Middle East, the strength of the local support network can therefore become a competitive advantage. As VinFast’s UAE strategy shows, bringing an EV to market increasingly means building the capabilities around it that can make ownership dependable over the long term.

Hashtag: #VinFast

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

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VinFast is joining forces with Gowa Motor Group to create a venture aimed at accelerating the electric vehicle maker’s retail expansion across Indonesia, with plans for at least 30 new showrooms and service centres. The agreement strengthens VinFast’s push to build a nationwide sales and aftersales ecosystem alongside its growing manufacturing presence. The memorandum of understanding envisages the two companies establishing a joint venture that will develop […]

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JAKARTA, INDONESIA – Media OutReach Newswire – 17 August 2026 – VinFast and Gowa Motor Group, an established Indonesian automotive group with experience across multiple automotive brands, today announced the signing of a strategic Memorandum of Understanding (MOU) to establish a joint venture that will develop VinFast’s electric vehicle dealership network in Indonesia. The partnership marks an important milestone in VinFast’s strategy to expand its presence in one of Southeast Asia’s most promising EV markets, bringing VinFast’s products, services, and EV ownership experience closer to consumers across the Indonesian archipelago.

Mr. Sadikin Aksa, Commissioner of Gowa Motor Group (left), and Mr. Antonio Zara, Chief Executive Officer of VinFast Southeast Asia (right), at the signing ceremony of the strategic Memorandum of Understanding (MOU) between VinFast and Gowa Motor Group.
Mr. Sadikin Aksa, Commissioner of Gowa Motor Group (left), and Mr. Antonio Zara, Chief Executive Officer of VinFast Southeast Asia (right), at the signing ceremony of the strategic Memorandum of Understanding (MOU) between VinFast and Gowa Motor Group.

Under the MOU, VinFast and Gowa Motor Group will establish a joint venture to develop VinFast’s dealership network across Indonesia, with a target of opening at least 30 showrooms and service centers.

The partnership reflects the two companies’ shared commitment to building a long-term strategic relationship in Indonesia’s growing electric vehicle market. By partnering with VinFast, Gowa Motor Group demonstrates its confidence in VinFast’s vision, capabilities, and the long-term potential of its electric mobility ecosystem.

The new network will serve as a key pillar of VinFast’s long-term growth strategy in Indonesia, offering VinFast’s electric vehicles alongside aftersales services, maintenance, and customer care that meet the company’s global standards. The partnership will contribute to VinFast’s broader plan to expand its dealership network in Indonesia. The company currently operates more than 40 showrooms nationwide and aims to add over 150 new showrooms in the coming years.

The agreement with Gowa Motor Group reinforces VinFast’s strategy of partnering with leading local companies to expand its distribution network, improve customer access to high-quality products and services, and support Indonesia’s transition toward greener transportation.

Gowa Motor Group is an established automotive group in Indonesia with extensive experience across multiple automotive brands and vehicle segments. Its operation spans automotive distribution, dealership operations, passenger vehicles, and commercial vehicles, supported by a broad network and strong understanding of the local market. With its automotive expertise, operational capabilities, and market knowledge, Gowa Motor Group is expected to become a strategic partner for VinFast in expanding its distribution network, enhancing the customer ownership experience, and accelerating the adoption of electric vehicles in Indonesia.

Representatives of VinFast and Gowa Motor Group at the MOU signing, marking an important step toward establishing a joint venture to expand 30 VinFast dealership showrooms across Indonesia.
Representatives of VinFast and Gowa Motor Group at the MOU signing, marking an important step toward establishing a joint venture to expand 30 VinFast dealership showrooms across Indonesia.

Mr. Antonio Zara, Chief Executive Officer of VinFast Southeast Asia, said: “Gowa Motor Group is an established automotive group in Indonesia with extensive experience across multiple automotive brands. We believe the combination of VinFast’s product development capabilities, advanced technologies, and comprehensive EV ecosystem with Gowa Motor Group’s local market expertise, automotive network, and operational experience will provide a strong foundation for expanding VinFast’s presence in Indonesia. More importantly, this partnership will enable us to deliver an increasingly convenient, comprehensive, and high-quality EV ownership experience for Indonesian customers.“

Mr. Sadikin Aksa, Commissioner of Gowa Motor, said: “We see tremendous potential in Indonesia’s electric vehicle market and strongly believe in VinFast’s long-term vision. Our partnership not only creates new business opportunities for both companies but also reflects our shared commitment to accelerating Indonesia’s green transition. Leveraging our experience across multiple automotive brands and our established network in Indonesia, Gowa Motor Group looks forward to working alongside VinFast to bring sustainable mobility solutions and high-quality services closer to consumers across the country.“

Indonesia is one of the key pillars of VinFast’s global growth strategy. Since entering the market, VinFast has rapidly expanded its product portfolio, commenced operations at its manufacturing facility in Subang, and built a comprehensive EV ecosystem through a growing network of strategic partners, including charging infrastructure developer V-Green, all-electric ride-hailing service GSM, financial institutions, banking partners, authorized service workshop partners, and dealerships nationwide. By combining manufacturing capabilities, a comprehensive EV ecosystem, and an expanding partner network, VinFast is steadily advancing toward its goal of becoming one of the leading electric vehicle brands in Indonesia and across Southeast Asia.

Hashtag: #VinFast

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

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, e-bikes, and electric buses.

In Indonesia, VinFast is expanding its electric mobility ecosystem through a growing dealership and after-sales network, local partnerships, and its manufacturing facility in Subang, West Java, reinforcing its long-term commitment to the market.

Learn more at:

About Gowa Motor Group

Gowa Motor Group is an established automotive group in Indonesia with extensive experience in the automotive sector. The Group represents and operates across multiple automotive brands and vehicle segments, including passenger and commercial vehicles, supported by dealership, distribution, and customer service capabilities. With a broad network across Indonesia and a strong understanding of the local automotive market, Gowa Motor Group continues to build long-term partnerships and expand access to quality mobility products and services.

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Recognition from the U.S. Green Building Council, Global Forum on Human Settlements, GEO Foundation, and Asia’s Top 100 Golf Courses — and what that recognition proves about the full picture of Forest City Special Financial Zone (SFZ).

JOHOR, MALAYSIA – Media OutReach Newswire – 13 August 2026 — Forest City, the master-planned development in Iskandar Puteri, has achieved nearly 40 international awards and certifications as of August 2026, covering sustainability, green-building design, golf-course environmental management, and hospitality, as well as community contribution.

Aerial view of Forest City in Iskandar Puteri, Johor — more than 60% of the master plan is dedicated to green space, spanning 2.86 million m² of parks, mangrove corridors and landscaped zones.
Aerial view of Forest City in Iskandar Puteri, Johor — more than 60% of the master plan is dedicated to green space, spanning 2.86 million m² of parks, mangrove corridors and landscaped zones.

These include eight awards under the Sustainable Cities and Human Settlements Awards (SCAHSA) series issued by the Global Forum on Human Settlements (GFHS), as well as a 2024 Certificate of Honor from GFHS; LEED for Core and Shell (LEED-CS) Gold pre-certification from the U.S. Green Building Council; GreenRE Gold ratings for Forest City Island and its international school; GEO Certified status for both golf courses from Scotland’s GEO Foundation; and a seven-year consecutive ranking for Forest City Golf Resort’s Classic Course among the Top 100 Golf Courses in Asia. In 2026, the Classic Course was ranked No. 1 in Malaysia and No. 36 in Asia.

The awards and certifications documented here address a specific set of criteria: design quality, sustainability standards, and operational assessments by independent institutions. This release provides a transparent account of the institutions that have assessed Forest City, the areas reviewed, and the limits of what such recognition can reasonably prove.

Sustainability and Green-Building Recognition

LEED-CS Gold pre-certification has been secured from the U.S. Green Building Council (USGBC) for multiple buildings, demonstrating that environmental performance was embedded in project planning from the outset. LEED pre-certification represents verified design intent and a formal commitment to sustainable performance criteria, including energy modelling, water efficiency, materials selection, and indoor environmental quality.

This design-stage commitment is reflected across the master plan, which dedicates over 60% of the total land area to non-built space, equivalent to 2.86 million m² of green infrastructure. This includes two golf courses, public parks, landscaped residential zones, and mangrove corridors extending along the Johor coastline — green space that, as of 2026, supports more than 400 officially documented species.

At the national level, Forest City Island and its international school have received GreenRE Gold ratings under Malaysia’s green real-estate framework, reinforcing the project’s alignment with recognised sustainability benchmarks at both international and domestic levels. Beyond building-level certifications, Forest City has received eight awards under the SCAHSA, issued by the GFHS, an international non-profit organisation in special consultative status with the United Nations Economic and Social Council. The documented recognition spans planning and design, green-building industrial development, city-industry integration, green smart city development, coastal ecological protection, low-carbon city planning, and green and intelligent construction, with awards recorded from 2016 to 2023. In 2024, Forest City also received a Certificate of Honor at the 19th Global Forum on Human Settlements from GFHS for its contribution to promoting sustainable cities and human settlements for all.

Award / Certification Issuing Body What It Certifies Status as Reported by Forest City
SCAHSA series, including green and intelligent construction recognition Global Forum on Human Settlements (GFHS, UN ECOSOC consultative status) Sustainable city planning and green construction Eight awards and a 2024 Certificate of Honor, with documented recognition from 2016 to 2023
LEED-CS Gold pre-certification U.S. Green-Building Council Core and shell sustainable building design Multiple buildings
GreenRE Gold GreenRE, Malaysia Green real-estate design and operation Forest City Island and international school
GEO Certified GEO Foundation, Scotland Sustainable golf-course operations Both golf courses

Golf and Hospitality Recognition

Forest City’s leisure and hospitality assets have also received external recognition, led by the continued performance of Forest City Golf Resort’s Classic Course in regional rankings. The Classic Course has maintained its position among the Top 100 Golf Courses in Asia for seven consecutive years, ranking No. 1 in Malaysia and No. 36 in Asia in 2026, a rise of 14 places from the previous year. The ranking is assessed by an independent panel co-hosted since 2016 by the Chinese and Korean editions of Golf Travel magazine and was reported by The Star on 26 April 2026 following the awards ceremony at Hillview Golf Club on 14 April 2026.

The hospitality component of the resort has also received platform-based recognition. Forest City Golf Hotel earned the Agoda Gold Circle Award 2025 based on service ratings and operational performance on the booking platform. Forest City regards the award as an encouraging indicator of its commitment to guest experience and service consistency, while noting that it reflects day-to-day hospitality performance rather than a measure of the wider development.

Additionally, both golf courses have earned GEO Certified status from Scotland’s GEO Foundation, which evaluates sustainable golf-course operations. GEO Certified is described by the GEO Foundation as “golf’s most comprehensive and widely recognised eco-label”, and is awarded following successful completion of the OnCourse programme and an independent audit. Collectively, these accolades attest to quality across golfing excellence, hospitality service, and environmental stewardship — recognition reflected in visitor engagement, with the resort welcoming more than 100,000 golfers in 2025.

Economic and Community Contribution

Forest City’s recognition record is supported by reported economic and social contribution figures. Internal records indicate that, as of November 2025, the development had contributed over RM790 million in taxes to the Malaysian government, alongside more than RM50 million in employee-related taxes.

More than RM53 million has been invested in charity and community programmes, including support for local schools and villages, and more than 10,000 direct and indirect jobs have been created.

According to Forest City’s internal records as of November 2025, the development has engaged more than 190 local enterprises, attracted property owners from over 20 countries and territories, and contributed to attracting an estimated 300,000 international visitors to Malaysia.

The Significance Behind These Awards

In 2018, Forest City was profiled by Forbes as one of the “5 new cities that are set to shake up the future”. While the coverage is now nearly eight years old, it underscores the project’s long-standing visibility in global urban development conversations, rather than serving as an endorsement of present-day investment returns.

Green-building certifications relate primarily to design and operational standards; the SCAHSA recognitions focus on planning and sustainability; and golf-course rankings evaluate course quality and related criteria.

For prospective residents and investors, the awards should therefore be treated as evidence of build quality, institutional engagement and assessed sustainability credentials, to be considered alongside current data on occupancy, demand, connectivity and market liquidity. Questions relating to the Special Financial Zone framework and connectivity — including the Johor Bahru–Singapore Rapid Transit System Link scheduled to open for passenger service on 1 January 2027 — should be assessed through dedicated materials, current market data and, where relevant, Forest City’s investment overview.

The Broader Impact of Awards and Recognitions

The relevance of Forest City’s awards and certifications varies by audience. For ESG-minded investors and institutions, the most relevant credentials are Forest City’s LEED-CS Gold pre-certification, GreenRE Gold ratings, and GFHS recognition. These are issuer-named credentials aligned with green-investment screening and can be reviewed alongside Forest City’s broader investment framework. For enterprises operating within the SFZ, this integrated environment — where land and marine ecosystems are carefully preserved — enhances environmental performance and strengthens sustainability credentials.

For prospective residents and families, the GreenRE rating for the international school and the golf and hospitality recognition for the resort may be more directly relevant to daily living than city-planning awards. These credentials point to quality — but prospective residents should also assess schools, amenities, transport, community facilities, and the broader facts about Forest City on the ground.

For Malaysia-market watchers, Forest City’s SCAHSA record and reported RM790 million tax contribution mark the development as a recognised case study in green development and city-industry integration. This recognition is a data point on the development’s institutional standing, not a forecast of its commercial outcome.

Conclusion

What the awards record does establish is something more specific. Forest City reports nearly 40 awards and certifications across named institutions, including the U.S. Green Building Council, the Global Forum on Human Settlements, the GEO Foundation, and the Top 100 Golf Courses in Asia panel. This is accompanied by reported contributions of more than RM790 million in taxes and the creation of more than 10,000 direct and indirect jobs. Prospective residents and investors should also consider Forest City’s position as the financial-services flagship within the Johor–Singapore Special Economic Zone, along with its duty-free island and Malaysia Digital Status.

The strongest claim the awards support is also the most modest one: that Forest City has been built and planned to a standard that named international institutions have repeatedly chosen to certify — which is a starting point for due diligence, not a substitute for it.
Hashtag: #ForestCity #SFZ #ForestCityAchievements #Malaysia

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

About Forest City Special Financial Zone

Located in Iskandar Puteri, Johor, Forest City Special Financial Zone (FCSFZ) is Malaysia’s first designated special financial zone and a key financial-services component of the Johor–Singapore Special Economic Zone. It is positioned to attract financial institutions, multinational corporations, high-net-worth individuals and businesses operating in wealth management, financial technology and global business services.

Its incentive framework includes a 0% income tax rate for qualifying Single Family Office Vehicles for up to 20 years, a preferential 5% corporate tax rate for approved qualifying activities, and a special 15% personal income tax rate for eligible knowledge workers, subject to the applicable conditions, regulatory approvals and prevailing legislation. Forest City also holds duty-free island status, further strengthening its appeal as a regional investment, business and wealth-management destination near Singapore.

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China’s yuan is facing stronger appreciation pressure after coordinated US-Japan action lifted the yen and rippled through Asian currency markets, complicating Beijing’s efforts to support an economy where export strength contrasts with weak domestic demand.

The yuan has gained about 3.6 per cent against the dollar this year, making it one of Asia’s strongest-performing currencies. The advance has persisted despite falling Chinese government bond yields and a widening yield disadvantage against US Treasuries, conditions that would normally encourage capital to favour the dollar. Strong export receipts and increased conversion of dollar earnings by exporters have instead provided sustained support for the currency.

Pressure intensified after the US and Japan intervened to strengthen the yen at the end of July. The operation marked the first coordinated action by Washington and Tokyo to support the Japanese currency since 1998, following a slide that took the yen to four-decade lows. US authorities had also alerted major banks to be prepared for possible intervention through the Federal Reserve Bank of New York, highlighting Washington’s concern about excessive currency volatility.

The yen subsequently surrendered roughly half of its initial gains, but the intervention had broader consequences across Asian foreign-exchange markets. South Korea’s won, the Singapore dollar and the Taiwan dollar have shown relatively high correlations with yen movements, while several other regional currencies have been less sensitive. The spillover has reinforced a wider trend towards appreciation in currencies exposed to North Asian trade and investment flows.

For Beijing, the stronger yuan presents a complicated policy trade-off. Appreciation reduces the local-currency cost of imported commodities and can provide some insulation against inflation generated by energy prices. It can also create more room for monetary easing because policymakers need to worry less about triggering capital outflows or destabilising depreciation.

The cost is greater pressure on exporters at a time when foreign demand has become an increasingly important support for economic activity. China’s export machine has remained resilient while household consumption, property investment and parts of the private economy have struggled to regain momentum. A rising yuan makes Chinese products more expensive abroad and reduces the value of exporters’ overseas earnings when converted back into local currency.

The People’s Bank of China has appeared increasingly willing to moderate the currency’s advance. Daily yuan reference rates have been set weaker than market expectations at times, signalling a preference for slowing appreciation rather than allowing the currency to rise unchecked. China operates a managed exchange-rate system in which the central bank establishes a daily midpoint and permits the onshore yuan to trade within a defined band around that fixing.

The yuan traded around 6.75 per dollar on Wednesday after strengthening through the 6.80 level earlier this year. Exporters have continued selling dollars when the US currency rises, while central-bank guidance has kept the appreciation gradual. Market forecasts generally point towards further controlled yuan strength rather than a rapid revaluation.

The currency’s resilience highlights an unusual divergence inside China’s economy. Long-term sovereign yields have declined as investors price weak domestic demand and subdued inflation, while the yuan has strengthened because of trade surpluses and exporter dollar conversions. China’s current-account surplus has expanded significantly as manufacturing exports have outpaced imports and domestic spending.

That divergence could influence the timing of the next monetary-policy move. One scenario would see the central bank reducing its benchmark policy rate by 10 basis points to 1.3 per cent before the end of the year, using currency strength as protection against depreciation pressure. Expectations remain divided, however, with many economists anticipating unchanged rates through 2026 as policymakers assess inflation, financial stability and the effectiveness of previous easing measures.

July inflation data strengthened the case for additional support. Consumer-price growth slowed to its weakest pace in six months, while producer-price pressures eased, renewing concerns that deflationary forces could return if domestic demand remains subdued. Higher energy costs had previously reduced expectations for further easing.

Currency policy is also becoming more closely tied to trade tensions. China’s expanding manufacturing surplus has generated demands among trading partners for a stronger yuan, particularly as exports of vehicles, machinery, electronics and clean-energy equipment increase. A materially stronger exchange rate would weaken some of that competitive advantage but could also reduce political pressure surrounding trade imbalances.

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From outdoor family spaces to cozy interiors and smarter home organization, GARVEE highlights how German households can prepare their living spaces for the seasonal transition.

ONTARIO, CANADA – Media OutReach Newswire – 11 August 2026 – GARVEE, a lifestyle brand offering home, garden and outdoor products, has launched a 10% OFF seasonal promotion while highlighting three key living trends for late summer and early autumn 2026 in Germany. Customers can use the discount code GARVEEDE10 at checkout through December 31, 2026.

Trend 1: The Outdoor Living Room – Relaxation and Family Time in the Garden

Late summer keeps the garden at the heart of family life. Families enjoy sunlight reasonably by using parasols with 360° rotation and stepless tilt adjustments. Paired with ergonomic outdoor furniture, such as rattan egg swing chairs or rocking chairs—patios transform into peaceful sanctuaries.

For young kids, the action stays outdoors as well: rugged kids’ electric ride-ons—ranging from adventurous off-road vehicles to sleek electric sports cars—bring playful driving excitement to lawns and pathways, while parents maintain full control via wireless remote controls.

Trend 2: Cozy Indoor Aesthetics and Hospitable Social Spaces

As autumn brings coolness, life shifts indoors. Compact coffee machines bring an authentic café experience into your kitchen while saving space.

At the same time, flexibility for spontaneous guests takes center stage. 360° swivel bar stools create conversation spots, while space-saving folding chairs offer instant seating that stores away discreetly.

Trend 3: Structuring the Space: Garage, Gardening, and Barrier-Free Mobility

Early autumn is ideal for maintenance and organization. Modular trolley toolboxes with off-road wheels bring order to garages, while heavy-duty, weather-resistant aluminum storage boxes provide thief-resistant security outdoors.

Thoughtful solutions are also emerging in farming and accessibility: 10-compartment galvanized steel chicken nesting boxes with automatic roll-away egg protection simplify poultry care. Meanwhile, non-slip aluminum loading ramps with reflective strips safely bridge steps and trunks for wheelchairs, strollers, and garden carts.

Hashtag: #GARVEE

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

About Garvee

GARVEE is a lifestyle brand dedicated to enhancing everyday life through a diverse catalog of home, garden, and outdoor products. It is committed to providing durable, affordable, and family-friendly solutions that turn every corner of your home into a space where you can truly relax and thrive, making every day feel just a little more effortless.

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JAKARTA, INDONESIA – Media OutReach Newswire – 11 August 2026 – VinFast continues to strengthen its aftersales network in Indonesia by expanding its Authorized Service Outlet network through partnerships with reputable automotive service providers across the country. The expansion marks another milestone in VinFast’s strategy to develop a comprehensive EV ecosystem in Indonesia, making genuine aftersales services more accessible and convenient for customers while supporting the country’s transition to sustainable mobility.

Representatives of VinFast Indonesia and its partners at the signing ceremony.
Representatives of VinFast Indonesia and its partners at the signing ceremony.

VinFast has signed Memoranda of Understanding (MoUs) with 10 reputable partners across Indonesia, including PT Lampung Auto Mandiri, PT Karoto Seiko Indonesia, CV Agus Lio Ban, CV Family Auto Motor, PT Motoreko Mobilindo, PT Green Mobilitas Indonesia, PT Global Mobil Indonesia, PT Layanan Prima Sejahtera, CV Karya Indah Motor, and PT Prayoga Tangguh Perkasa.

Under the agreements, the partners will join VinFast’s Authorized Service Outlet network to provide vehicle maintenance, general repair, and body repair services in accordance with VinFast’s global standards. They will also distribute genuine VinFast parts and accessories throughout Indonesia.

Pursuant to the agreements, the Authorized Service Outlets will meet VinFast’s stringent requirements for technical capability, facilities, and service quality, while committing to uphold the Company’s core values and brand standards.

The continued expansion of VinFast’s Authorized Service Outlet network enables customers across Indonesia to access genuine aftersales services more conveniently, wherever they are. Supported by VinFast-certified technicians and a reliable supply of genuine parts and accessories, customers can be confident that their vehicles will receive consistent, high-quality care, ensuring safety, reliability, and optimal performance throughout the ownership experience.

To date, VinFast has established a network of more than 100 Authorized Service Outlets across Indonesia. The network extends beyond Greater Jakarta (Jabodetabek) to major cities nationwide, meeting the growing aftersales needs of both individual customers and commercial fleet operators.

Mr. Antonio Zara, Chief Executive Officer of VinFast Southeast Asia, said: “For electric vehicles, a reliable aftersales network is essential to giving customers confidence throughout their ownership journey. The continued expansion of our Authorized Service Outlet network demonstrates VinFast’s long-term commitment to customers in Indonesia. By partnering with experienced and trusted automotive service providers, we aim to deliver international-standard aftersales services that are convenient, efficient, and dependable, giving consumers greater confidence in choosing VinFast electric vehicles.”

The expansion of the Authorized Service Outlet network is a key pillar of VinFast’s strategy to build a comprehensive EV ecosystem in Indonesia. Together with an increasingly diverse product portfolio, a rapidly expanding charging infrastructure, and the continued development of a broader green mobility ecosystem, the nationwide aftersales network will further strengthen VinFast’s ability to provide Indonesian consumers with a convenient, reliable, and sustainable EV ownership experience.

VinFast has also introduced a range of customer-focused initiatives to make EV ownership more accessible and convenient, including its battery subscription program, guaranteed buyback program, and free charging at V-GREEN charging stations through March 31, 2029. Together with its partners across vehicle distribution, financing, charging infrastructure, and aftersales services, VinFast continues to strengthen its integrated EV ecosystem, reaffirming its long-term commitment to accelerating the adoption of electric vehicles in Indonesia.
Hashtag: #VinFast

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

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA