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• Agentic Mobile Protocol (AMP) is the world’s first agentic payment framework designed for mobile interfaces, including digital wallets, super apps, and wearable devices.
• Fully open-sourced, the protocol enables LLMs, platforms and merchants’ seamless agentic connection to 4.4 billion digital wallet users worldwide through simple and secure integration.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 April 2026 – Ant International is introducing the Agentic Mobile Protocol (AMP) for the agentic commerce industry to enable secure, AIOps-native agentic payment connection to mobile services including digital wallets, banking apps, super apps, and mobile portals from phones to wearable devices.

“We are deeply grateful for partners, acquirers and developers who contributed to this project. An agentic protocol for mobile commerce that ensures superior efficiency and security results will be key for businesses large and small expanding into the world’s fastest growing markets. We look forward to expanding our multi-layered partnerships to enable real-world successes of AI commerce,” said Jiang-Ming Yang, Chief Innovation Officer, Ant International.

Wallets and mobile payment key driver for agentic commerce

The global agentic commerce market could reach around USD 28 billion by 2030 with a 46% CAGR as the industry fast-forwards from pilot AI agent programs to full-scale autonomous transaction systems^[1]. The number of global digital wallet users reached 4.4 billion in 2025, and is expected to exceed 6 billion – over 75% of the global population – by 2030^[2].

While the new payment rails are positioned to become a primary interface for AI commerce, current AI payments protocols are designed largely for card rails. Merchants and digital wallets need to be able to offer smooth payment experience, authenticate trusted agents and verify credentials without disruption, as well as seamlessly handle post-checkout settlement and transaction management tasks in a mobile- and AI-native environment.

With the Agentic Mobile Protocol, merchants – LLMs, AI platforms, merchants with self-developed agents, and agent builders – and digital wallets can embed agentic payment functionality directly into their workflows, eliminating the need for system overhauls.

Ant International has open-sourced the AMP to help establish a universal, auditable standard to ensure that AI agents can transact securely and seamlessly across any global platform.

The AMP framework features:

• A superior agentic checkout experience through:
  • Faster agent integration: reducing the number of steps required to link a payment agent to a digital wallet by 50% compared to traditional card-binding methods.
  • Money-back guarantee: every agent-initiated transaction is backed by a money-back guarantee mechanism for payment partners in cases of account takeovers.
  • Cross-device compatibility: payment agents can work on mobile interfaces across smartphones, smartwatches, AR glasses and in-car systems, a capability absent in card-based systems.

• A more efficient and secure trust architecture for agent delegation to ensure secure and precise delegation of payment authority to AI agents — whether it is ordering coffee, booking a ride, or planning a trip – with full visibility and the ability to revoke or modify tasks at any time.

• A high-frequency agent-to-agent (A2A) settlement mechanism enables automated, ultra-small transactions between AI agents. It’s capable of handling nano-transactions as small as $0.000001 between agents with real-time accounting and clearing. A2A settlement is crucial to agentic economy, which requires the capacity to process high-frequency, sub-cent agent transactions that traditional payment rails cannot support.

• A full-spectrum Know Your Agent (KYA) framework establishes an agent’s digital identity and certifies its authorised capabilities. The proprietary Agent Trust Rating mechanism offers an additional layer of protection, a dynamic risk-management tool that determines whether an agent is trustworthy and controls the level of autonomy.

A 40 member-strong wallet ecosystem in cross-sector coordination

Ant International is working with wallet partners of Alipay+, the company’s global wallet gateway, to implement the AMP. Alipay+ now connects over 40 digital wallet partners, covering 1.8 billion user accounts and 150 million merchants globally.

Building on this payment partnership network that spans wallets, acquirers, super apps and cards, Ant International is among the first partners of Mastercard and Visa to pilot card-based transaction capabilities for AI agents, while collaborating with Google on its protocols for agentic commerce and payments.

Hashtag: #AntInternational

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About Ant International

Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit https://www.ant-intl.com/

The company recently marked its eighth consecutive participation at Indo Intertex Expo in Jakarta, where it showcased new opportunities for viscose and lyocell fibres and strengthened relationships across the textile value chain. The exhibition brought together suppliers and buyers seeking new product ideas and business opportunities, giving APR a platform to deepen collaboration and expand market connections.

Central to APR’s Jakarta presence was a showcase featuring seven partner companies spanning spinning, weaving, knitting and garment manufacturing. By presenting these partners together, APR, a member of the RGE group of companies founded by Sukanto Tanoto, demonstrated the interconnected ecosystem underpinning Indonesia’s textile sector and the shared value created through close collaboration between fibre producers and downstream manufacturers.

A highlight of the showcase was a dedicated display of lyocell fabrics designed for batik applications. Batik, the wax-resist dyeing craft recognised by UNESCO as part of Indonesia’s cultural heritage, remains central to the nation’s textile identity. Lyocell’s compatibility with traditional dyeing methods offers artisans the opportunity to combine heritage craftsmanship with modern fibre innovation.

Building on this momentum, APR continued its engagement in India through participation in the Fibers & Yarns Expo in Mumbai, one of India’s premier textile trade fairs and a vital networking platform for the country’s extensive supply chain. The event enabled APR to deepen market engagement, forge new partnerships and reconnect with a rapidly expanding customer base.

At the Mumbai exhibition, APR introduced BVF, a finer denier viscose engineered for fine count spinning applications and targeting premium segments such as high-end fashion, athleisure, intimate apparel and home textiles. The Indian market continues to present significant growth potential as manufacturers seek reliable fibre supply, consistent product quality and proactive technical support to meet evolving consumer demands both domestically and internationally.

Sachin Malik, Commercial Head, Asia Pacific Rayon, said: “In the current market scenario, success is not a solo pursuit. It is about how effectively we integrate into our customers’ reality. Our strategy in Indonesia and India demonstrates that fibre producers must align their growth with the success of customers and the wider textile value chain.”

As regional supply chains face increasing pressure to become more resilient, APR’s exhibition strategy underscores a clear message: in textiles, competitive advantage is built not through scale alone, but through trusted partnerships that deliver stability, technical expertise and shared progress.
Hashtag: #RGE #APR #viscose #rayon #Indonesia #India

https://www.aprayon.com

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About Asia Pacific Rayon

Asia Pacific Rayon (APR), based in Indonesia, is Asia’s first fully integrated viscose rayon producer, from plantation to fibre. APR, which has a capacity of 325,000 tons per year, is located in Pangkalan Kerinci, Riau Province, Indonesia. APR is committed to becoming a leading viscose staple fibre producer with the principles of sustainability, transparency and operational excellence, and serving the interests of the community, country and climate, while providing value to customers. APR is part of the RGE group of companies.

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

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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.

Expansion strengthens access to fast, reliable device repair services across Jurong, Yishun, Tampines and Chinatown as demand for urgent technical support rises

What often begins as a minor inconvenience can quickly escalate. A phone may take longer to charge, a screen may flicker briefly before stabilising, or a laptop may run hotter than usual during routine use. These early signs are often ignored until the device stops functioning at a critical moment.

Hashtag: #CitriMobile #SingaporeRepair #Jurong #Yishun

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Officials and defence analysts indicate that the refusal centres on highly sensitive software governing the aircraft’s Active Electronically Scanned Array radar, mission computer architecture and the SPECTRA electronic warfare suite. These components underpin the Rafale’s operational edge, enabling advanced targeting, threat detection and real-time combat adaptability. Without access to underlying code, local engineers face restrictions in modifying or upgrading the systems independently.

The development comes at a time when the Air Force is seeking greater flexibility to integrate indigenous weapons, sensors and software into imported platforms. The Rafale fleet, inducted under an intergovernmental agreement signed in 2016, is widely regarded as one of the most capable multirole assets in service. However, the absence of deep software access limits the scope for customisation beyond manufacturer-approved pathways.

Defence planners have long sought to reduce reliance on foreign vendors for mission-critical technologies, particularly software-defined systems that determine how aircraft perform in evolving combat scenarios. The inability to access core programming frameworks means that even incremental upgrades—such as adapting radar modes or integrating new missile systems—must be routed through the original manufacturer, potentially adding time, cost and operational constraints.

French authorities have maintained that certain technologies embedded within the Rafale are protected by stringent export controls and intellectual property safeguards. Industry sources suggest that this position reflects a broader policy followed by advanced aerospace manufacturers, who rarely transfer full software control of high-end combat platforms. Such restrictions are often justified on grounds of security, technological advantage and contractual obligations tied to proprietary systems.

For New Delhi, the issue extends beyond a single aircraft programme. It underscores a structural challenge in defence procurement, where imported platforms may offer cutting-edge capabilities but limit sovereign control over upgrades and lifecycle management. Analysts argue that the balance between immediate capability acquisition and long-term autonomy has become increasingly complex as modern warfare shifts towards software-centric systems.

The Rafale’s SPECTRA suite, in particular, has drawn attention due to its role in electronic warfare and survivability. Designed to detect, identify and counter threats ranging from radar locks to missile engagements, the system operates through highly classified algorithms. Without access to these algorithms, domestic agencies are unable to independently adapt the suite to emerging threat environments or tailor it to specific operational theatres.

Similarly, the AESA radar’s performance is closely tied to software-defined modes that govern target tracking, electronic counter-countermeasures and situational awareness. Integrating locally developed weapons or sensors requires compatibility at the software level, which becomes challenging when access is restricted. Defence experts note that while some integration is possible through interface agreements, deeper optimisation remains dependent on the original equipment manufacturer.

The issue has also revived debate over the country’s broader push for self-reliance in defence production. Programmes aimed at developing indigenous fighter aircraft, avionics and electronic warfare systems have gained momentum, yet gaps remain in high-end technologies. The Rafale case is being cited by some policymakers as evidence of the need to accelerate domestic research and reduce dependence on external suppliers for core technologies.

At the same time, others caution against overstating the dispute, noting that limitations on source code access are common in international defence deals. They argue that operational effectiveness is not necessarily compromised, as manufacturers continue to provide upgrades and support under contractual arrangements. The Rafale fleet has demonstrated strong performance in exercises and deployments, reinforcing its value as a frontline asset.

Diplomatic considerations are also at play. France has been a key defence partner, with cooperation spanning submarines, helicopters and space technologies. The Rafale agreement itself was seen as a milestone in bilateral ties, reflecting a high degree of strategic trust. Any friction over technology transfer is therefore likely to be managed within the broader framework of long-standing cooperation.

Industry observers point out that negotiations over technology access often involve trade-offs between cost, capability and control. Full access to source codes would significantly alter the commercial and strategic dynamics of defence exports, potentially affecting pricing structures and intellectual property protections. As a result, such concessions are rarely granted, even to close partners.

The episode highlights a growing reality in modern military aviation, where software defines capability as much as hardware. Control over code translates into control over upgrades, interoperability and operational doctrine. For countries seeking to maintain strategic autonomy, this raises fundamental questions about how to structure future procurement and development strategies.