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LJUBLJANA, SLOVENIA – Media OutReach Newswire – 22 August 2026 – On August 20, 2026, Ljubljana, the capital of Slovenia, shone even brighter as it celebrated its renowned music festival. The youthful Wuxi Symphony Orchestra, hailing from Wuxi, China’s first UNESCO “City of Music,” stepped into the heartland of classical music for the very first time under the leadership of Artistic Director and Chief Conductor Lin Daye. Inside a packed Gallus Hall at Cankarjev Dom, a profound and heartfelt musical dialogue unfolded between East and West.

Wuxi Symphony Orchestra Debuts at Ljubljana Festival: Sounds of the East Illuminate the Historic Central European City

As Slovenia’s largest international summer music festival, its stage saw the name of Wuxi, China, etched upon it for the very first time this summer. As the conductor’s baton cut through the silence, this ancient Central European city warmly welcomed the debut of this Eastern orchestra with thunderous, prolonged applause.

The concert opened to the magnificent sounds of the Overture to Verdi’s I vespri siciliani, with Lin Daye delivering the passion of Italian opera through his deeply expressive conducting. The orchestra then presented the festival debut of Fly To The Sky, an original symphonic suite by Li Shaosheng, whose embedded Eastern worldview resonated profoundly with the audience. Suona virtuoso Zhang Qianyuan’s performance in Questioning the Heavens was high-pitched and evocative, while tenor Xue Haoyin sang with heroic majesty in Heaven’s Movement is Strength, driving the atmosphere to a climax.

In the second half, the orchestra performed Brahms’ Symphony No. 1 in C minor. On a stage that has witnessed countless iconic performances of German-Austrian classics, the orchestra paid tribute to heritage through a precise yet impassioned interpretation. As the grand theme of the finale—symbolizing “through darkness into light”—echoed through the hall, the entire audience rose to their feet in a standing ovation, expressing high acclaim for the orchestra’s flawless execution. Darko Brlek, Artistic Director of the Ljubljana Festival, noted that this was the very first standing ovation given to a Chinese orchestra in the festival’s history of over 70 editions.

As the opening stop of their 2026 European tour, the Ljubljana performance marked a striking debut and strong statement of cultural confidence. Showcasing Jiangnan’s Wuxi to the world, these musical ambassadors from Lake Taihu foster cross‑cultural understanding through music, letting the world hear and understand China.

Click the link to watch the Wuxi Symphony Orchestra’s performance in Slovenia: https://youtu.be/Ghk3aIYcHXc?si=PzVdV99ZikOqiMA7

Hashtag: #WuxiSymphonyOrchestra

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BY TN Ashok For millions of immigrants living in the United States, the Trump administration’s tightening of immigration rules is creating a new maze of paperwork, scrutiny and uncertainty around the coveted Green Card. But there is one important date that needs to be disentangled from the Green Card debate. December 18, 2026 is not […]

The article Trump’s new green card era: What changes for US immigrants appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

SINGAPORE – Media OutReach Newswire – 21 August 2026 – A new, scientifically proven digital assessment service is now available in Singapore, offering an objective window into psychological brain function for individuals struggling with inattention, hyperactivity and depression. Powered by the pioneering research of leading psychological scientists, the Digital Psychological Assessment continues to be conducted at iHealthtech NUS and is administered by www.objectiveADHDassessment.sg. The research team is translating years of cutting-edge research into a practical solution for the public.

For the first time, people in Asia can access a multimodal, objective assessment that moves beyond subjective questionnaires and interviews. The service leverages functional near-infrared spectroscopy (fNIRS), a non-invasive and painless technology that uses weak, harmless near-infrared light to measure brain activity in the frontal and temporal lobes. This is the same technology developed and validated by a team of psychological scientists whose work has been published in academic journals, including this publication and this publication, and featured in The Straits Times.

The principal investigator, who ranks among the world’s top 1–2% most highly cited psychological scientists, developed this approach to bring objective measurement to human functioning. The technology measures oxygen levels in the brain’s frontal and temporal lobes during cognitive tasks. Combined with eye-tracking and continuous performance tests, it provides a comprehensive and objective picture of inattention and hyperactivity.

This service is invaluable for parents concerned about their child’s inattention and hyperactivity, young adults, and working professionals who have long suspected neurodivergent difficulties but have lacked clear answers. By providing measurable biomarker data, the assessment helps people understand their own brain function, leading to more targeted support and interventions.

“This field often involves assessment without objective tools,” some scientists have stated, drawing a parallel to a simple test that provides a clear indication. This breakthrough offers a definitive, data-backed path towards understanding and managing one’s challenges.

The objective assessment represents a significant step forward in psychological assessment in Asia and has the potential to be extended to children and adults globally. For many, it marks the end of a long, uncertain struggle and the beginning of a clear, science-backed journey towards greater clarity and understanding.

Hashtag: #ObjectiveADHDassessment

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About www.objectiveADHDassessment.sg (Singapore)

The entity is dedicated to translating research findings into real-life applications, focusing on objective, state-of-the-art psychological multimodal assessments for children and adults, leveraging technology validated by leading experts from renowned local and overseas universities.

Gyan Pathak Jharkhand has just witnessed a multi group agitation of students, which ended on August 18 with an agreement reached between student leaders and the state government, and Devendra Nath Mahto ended his 16 days hunger strike. Jharkhand government, as per the agreement reached, notified cancellation of 22 recruitment examinations on August 19 and […]

The article Jharkhand may witness a more complicated students movement appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Artificial intelligence is accelerating both cyber attacks and defensive capabilities across India’s securities market, prompting the Securities and Exchange Board of India to warn that gaps in technology, skills and third-party security could expose the wider financial ecosystem. SEBI Executive Director Avneesh Pandey has described cybersecurity as an escalating contest in which attackers repeatedly probe financial systems while gaining access to increasingly sophisticated AI-enabled tools. The technology […]

New Meenakshi Eco Park campus supports a more than 600% increase in TDCX’s India headcount over three years, reinforcing the country’s role in serving global technology and digital economy clients

HYDERABAD, INDIA – Media OutReach Newswire – 21 August 2026 – TDCX, a leading global customer experience solutions firm, today opened its second campus in India at Meenakshi Eco Park in Hyderabad. The new site reinforces India’s position as the company’s fourth-largest operations base and follows a more than 600% increase in TDCX’s India headcount over the past three years.

TDCX Founder and CEO Laurent Junique (center) cuts the ribbon at the company's second Hyderabad campus at Meenakshi Eco Park, joined by Group CIO and EVP Byron Fernandez and India Country Director Ananth Premkumar, August 20, 2026.
TDCX Founder and CEO Laurent Junique (center) cuts the ribbon at the company’s second Hyderabad campus at Meenakshi Eco Park, joined by Group CIO and EVP Byron Fernandez and India Country Director Ananth Premkumar, August 20, 2026.

Hyderabad is one of TDCX’s fastest-growing locations, supported by the city’s strong technology ecosystem, deep talent pool, and growing reputation as a center for customer experience, sales, digital support, and technology-enabled services.

The India Business Process Outsourcing services market, valued at approximately US$18.7 billion in 2024, is projected to reach US$51 billion by 2035 (Market Research Future, India Business Process Outsourcing Services Market, April 2026). TDCX has outpaced this market as global clients consolidate complex customer, sales, and technology workflows with fewer, more capable partners.

Byron Fernandez, Group Chief Information Officer and EVP, TDCX, with executive oversight of the company’s India operations, said: “India has moved well past the cost arbitrage conversation. When clients choose Hyderabad for customer experience, sales, or technology support, they are choosing access to skilled, ambitious talent that can run complex workflows at scale. Our expansion here reflects how seriously global clients now take India as a primary delivery market, rather than a secondary one.”

A campus built for scale and speed
Located within the 6 million sq. ft. Meenakshi Eco Park, one of Hyderabad’s key technology corridors, the new campus is designed to support TDCX’s continued expansion in India while giving employees a workplace built around learning, collaboration, and performance.

TDCX India supports leading global brands across digital advertising, e-commerce, fintech and technology, delivering omnichannel support for clients across Australia, New Zealand, the United Kingdom, Ireland, and North America. TDCX India has achieved strong customer and business outcomes for global clients, achieving high customer satisfaction scores while supporting complex workstreams across multiple markets reflecting the strength of its delivery model and the quality of talent in the market.

Ananth Premkumar, Country Director, TDCX India, said: “Hyderabad has emerged as one of India’s leading hubs for technology, innovation, and customer experience delivery. As our clients expand across global markets, they need partners who can quickly build high-quality teams at scale. For one of our technology clients, we are able to make agents production-ready in under six weeks, helping them accelerate their go-to-market timelines. This combination of skilled talent, speed, and operational excellence is what makes Hyderabad such a strategic location for TDCX.”

Recognized as a Great Place to Work for four consecutive years, TDCX India continues to build its reputation as both a strong delivery hub and an employer of choice.

Hashtag: #TDCX #CX #Outsourcing #EnableTheFuture

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About TDCX

Singapore-headquartered TDCX is a leading global customer experience solutions firm that provides customer experience solutions, sales and digital marketing services, and content moderation for clients across industries including digital advertising and social media, e-commerce, fintech, gaming, healthtech, media, technology, and travel and hospitality.
With a focus on helping companies enable the future, TDCX’s smart, scalable approach, driven by innovation and operational precision, positions it as a key partner for companies targeting tangible outcomes. With more than 20,000 employees across 37 locations worldwide, TDCX provides clients with comprehensive coverage in Asia, Europe, and the Americas.

For more information, please visit .

NASA has released detailed images of a new crater carved into the Moon after a discarded SpaceX Falcon 9 upper stage struck the lunar surface on 5 August, giving scientists an unusually precise view of the effects of a large human-made object hitting another world. The crater measures about 60 feet, or 18 metres, across and is less than 10 feet deep. Images taken by the Lunar […]

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SINGAPORE – Media OutReach Newswire – 21 August 2026 – MyRepublic is expanding its GAMER lineup with its first co-branded collaboration – Dreamcore x MyRepublic RTX 5060 Ti Gaming PC, plus a limited-edition ASUS T1 GeForce RTX 5070 Graphics Card Broadband Bundle, bringing new gaming-focused hardware to its GAMER offering.

Dreamcore x MyRepublic exclusive gaming bundle
Dreamcore x MyRepublic exclusive gaming bundle

The collaboration with Dreamcore goes beyond adding another PC to the GAMER lineup. It brings together MyRepublic and Dreamcore to create a gaming setup for gamers who value performance, combining a gaming-focused PC with MyRepublic’s GAMER broadband offering.
Dreamcore x MyRepublic RTX 5060 Ti Gaming PC
Powered by an AMD Ryzen 5 7500F processor and an RTX 5060 Ti graphics card, this Co-branded Gaming PC is designed to deliver 1080p gaming performance with smooth, immersive 1440p gaming across modern titles. It is positioned as an entry-level Graphics Processing Unit (GPU) for gaming and is suited for competitive games such as Counter-Strike 2, DOTA2, Valorant, and more.
The Co-branded Gaming PC is built with 16GB DDR5 6400MHz low-latency memory for responsive gameplay and smooth multitasking, alongside a 1TB Gen4 NVMe SSD with read speeds of up to 6,000MB/s for fast boot times and game loading. Completing the design is a Dreamcore LCD 360mm AIO featuring an animation with MyRepublic’s mascot, Coco, Chief Paw Officer.
The first 10 customers who sign up for the Co-branded Gaming PC Bundle will receive an MSI MAG 274F gaming monitor (worth S$219). The 27-inch monitor features a Full HD (1920×1080) Rapid IPS display, a 200Hz refresh rate, and 0.5ms response time.
Limited Edition ASUS T1 Graphics Card Broadband Bundle
Bundled with the MyRepublic GAMER 10Gbps broadband plan, the limited-edition ASUS T1 Graphics Card is a collaboration between ASUS and T1, the League of Legends World Champions. It combines ASUS’s performance and cooling technology with T1-inspired design elements, featuring silk-screened artwork of T1 players and the T1 logo on both the front and backplate. Designed for T1 fans, the graphics card is also built to fit a wide range of systems, allowing more fans to bring the limited-edition design into their existing setups.
The bundle also comes with exclusive T1 merchandise, including exclusive stickers, exclusive magnets, and the 2026 T1 Uniform Jacket.
With the addition of the Dreamcore x MyRepublic RTX 5060 Ti Gaming PC and ASUS T1 GeForce RTX 5070 Graphics Card Broadband Bundle, MyRepublic continues to develop its GAMER proposition with new gaming-focused products and collaborations. These latest launches follow the recent revamp of MyRepublic’s GAMER plans with its refresh of gaming routers in the line-up.
“Our latest collaboration with Dreamcore represents our dedication to the gaming community. We aren’t just offering broadband connectivity, we are providing high-performing gamers with the precision-engineered tools required to dominate in their favorite titles, backed by the seamless network performance they expect from MyRepublic,” said Lawrence Chan, Managing Director and Chief AI Officer, MyRepublic.
“The response to our previous RTX 5090 and 5080 builds with MyRepublic showed us what’s possible when meticulously engineered hardware and a network built for gaming come together. Every Dreamcore system is hand-assembled and stress-tested here in Singapore. With the RTX 5060 Ti, we’re bringing that same premium build quality to gamers who want serious performance without the flagship price tag, backed by the low-latency, always-ready connectivity MyRepublic’s GAMER 10Gbps delivers. This launch is about giving gamers the full package: premium craftsmanship and network performance working as one.” Shaun Tan, CEO, Dreamcore.
The Dreamcore x MyRepublic RTX5060Ti Gaming PC will be available from 21 August 2026 at 10am, while the ASUS T1 RTX 5070 Graphics Card Bundle will be available from 19 August 2026 at 10am.
For more information about MyRepublic’s GAMER offerings, visit MyRepublic’s website.

Hashtag: #MyRepublic #MyRepublicGAMER #Gaming #GamingPC #PCGaming #GamingSetup #RTX5060Ti #RTX5070 #Dreamcore #ASUS #T1 #LeagueOfLegends #GamingCommunity #10Gbps #Singapore





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MyRepublic Broadband Pte Ltd

MyRepublic Broadband Pte Ltd is a Singapore-based telecommunications provider delivering high-speed broadband, managed services, and connectivity solutions to consumers and businesses. MyRepublic serves the SME segment with business internet plans, managed IT services, and cybersecurity solutions designed for growing companies. For more information, visit https://myrepublic.net/sg/

xAI’s Grok chatbot has begun producing nonsensical strings of words for some users, exposing a reliability problem at a time when the company is rapidly expanding the capabilities and reach of its artificial intelligence models. The malfunction has affected a subset of people using Grok Lite through Grok. com, with complaints emerging from Wednesday, August 19. Instead of answering prompts normally, the chatbot has returned paragraphs consisting […]

MacSync Stealer has been linked to more than 30 rotating web domains as its operators broaden a macOS credential-theft campaign designed to evade conventional defences while maintaining recognisable execution, collection and data-transfer patterns. The malware targets passwords, browser credentials, authentication cookies, macOS Keychain material, SSH keys, cloud access credentials, cryptocurrency wallets and sensitive files stored on compromised machines. Its operators repeatedly replace command-and-control infrastructure, making individual domain […]

Cisco has released security updates for a high-severity BroadWorks vulnerability that could allow unauthenticated remote attackers to read sensitive configuration files from affected systems. The flaw, tracked as CVE-2026-20320, affects the Open Client Interface XML parser used by Cisco BroadWorks, a communications platform widely deployed by service providers for cloud calling and unified communications. It carries a CVSS severity score of 7.5 out of 10 and has […]

Security researchers have demonstrated a method for making some expired Visa contactless cards appear valid to payment terminals, exposing a weakness in how card expiry information is checked across the payment chain. The technique, dubbed the “Zombie Card” attack, allows an attacker positioned between an expired card and a point-of-sale terminal to alter the expiry date transmitted through near-field communication. The manipulation can enable a payment without […]

Collaboration could extend Singapore-developed AI training to ICAI’s members and students, alongside greater recognition of relevant professional learning

SINGAPORE – Media OutReach Newswire – 21 August 2026 – The Institute of Singapore Chartered Accountants (ISCA) and The Institute of Chartered Accountants of India (ICAI) are deepening their longstanding collaboration through two initiatives focussed on strengthening AI capabilities among accounting professionals and enhancing professional qualification recognition.

ISCA today signed a Letter of Cooperation setting out a framework for proposed Global AI Fluency Initiative centred on ISCA’s AI Fluency Programme. The proposed cooperation will explore how ISCA and ICAI can work together to extend practical and responsible AI learning to ICAI members and students, subject to relevant approvals and mutually agreed implementation arrangements.

ISCA also announced its approval of a proposed Module Exemption Agreement (MEA) with ICAI relating to their professional qualification pathways.

Extending Singapore-developed AI capability internationally

The proposed AI collaboration builds on the early momentum of ISCA’s AI Fluency Programme. Through the proposed collaboration, ISCA and ICAI will explore opportunities to extend access of the programme to ICAI’s professional community of more than 1.5 million members and students, broadening the international reach of Singapore-developed AI capability building for the accountancy profession.

The approximately 30-hour programme comprises 180 hands-on cases based on workplace applications, structured around three areas:

  • AI Fluency Foundations: Building essential AI confidence for everyday professional work;
  • AI for Accounting Specialisations: Applying AI across accounting, audit, finance, tax and related professional functions; and
  • AI Leadership & Governance: Developing the capability to lead AI adoption responsibly, with appropriate governance and oversight.

The practical approach is designed to help learners identify where AI can add value while continuing to exercise professional judgement, appropriate oversight and responsibility for their work.

The proposed collaboration will explore:

  • Programme promotion: Supporting the promotion of respective AI programmes to each institute’s members through mutually agreed arrangements;
  • Member outreach and promotion: Promoting the AI Fluency Programme to ICAI members in India and, where appropriate, across ICAI’s global network through mutually agreed communications;
  • Professional application: Exchanging views and use cases on the application of AI in accounting, audit, finance, tax and related professional work;
  • AI leadership and responsible adoption: Sharing perspectives on appropriate governance, oversight and responsible adoption of AI within the profession; and
  • Knowledge exchange: Exploring further opportunities for thought leadership, professional learning and capability development relating to AI.


Strengthening professional recognition

ISCA has approved a proposed Module Exemption Agreement (MEA) with ICAI. The proposed arrangement would provide specified exemptions under the respective qualification pathways for eligible ICAI and ISCA members, supporting greater recognition of professional qualifications.

While the MEA has yet to be formally executed, ISCA will implement the specified exemptions from the SCAQ for eligible ICAI members with effect from 21 August 2026. Eligible candidates must continue to meet the applicable entry, assessment and remaining qualification requirements. ¹

The AI initiative and proposed module exemption arrangement collaborations are built on the longstanding relationship between ISCA and ICAI and their shared commitment to developing a future-ready, internationally connected accountancy profession.

Mr Lee Boon Teck, President of ISCA, said: “AI is reshaping the accountancy profession and building AI fluency alongside strong professional expertise will be critical to enabling the profession to adapt and create greater value. Through the proposed Global AI Fluency initiative, we hope to share Singapore’s experience in practical and responsible AI capability development with a wider professional community and contribute to responsible AI adoption across the global accountancy profession. Our longstanding relationship with ICAI also provides opportunities to strengthen the recognition of relevant professional learning and reduce extent of duplication for qualified professionals. Together, these initiatives contribute to a future-ready and internationally connected accountancy profession.”

Mr Prasanna Kumar D, President of ICAI, said: “The exchange of letters between ICAI and ISCA on 21st August marks a defining step in our shared journey and a clear statement of intent to work towards strengthening recognition between our professional qualifications. For our members, this opens up the potential for greater opportunities and professional recognition. At the same time, our discussions on Artificial Intelligence capability building reflect our shared commitment to strengthening AI capabilities across the profession. We look forward to working closely with ISCA to explore mutually beneficial opportunities for knowledge sharing, capacity building and preparing a future ready profession.”

¹ The formal execution of the MEA remains subject to the necessary approvals in India and completion of the remaining formalities.
Hashtag: #ISCA #CharteredAccountants #DifferenceMakers #Accounting #Accountancy

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Institute of Singapore Chartered Accountants (ISCA)

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. Established in 1963, ISCA administers the Singapore Chartered Accountant Qualification programme and is the designated entity by the Singapore Ministry of Finance to confer the Chartered Accountant of Singapore [CA (Singapore)] designation.

ISCA supports over 46,000 members across industries in Singapore and globally, with members in more than 40 countries. With a growing international presence, ISCA has 12 overseas chapters, 7 offices across 10 countries and a network of over 150 strategic partners, strengthening professional connections and opportunities across borders. ISCA is also a member of Chartered Accountants Worldwide, a global network representing more than 1.8 million Chartered Accountants and students across over 190 countries.

ISCA advances professional development and lifelong learning through ISCA Academy, its training arm and drives community impact through ISCA Cares, its charity arm.

For more information, visit .

ToxicPanda 2.0 has emerged as a substantially upgraded Android banking Trojan capable of stealing PINs, harvesting financial credentials and remotely manipulating compromised smartphones, extending its potential targets to hundreds of banking, payment and cryptocurrency applications worldwide. The malware now carries a dedicated PIN-harvesting mechanism aimed at more than 140 banking and cryptocurrency applications. Its wider phishing system can deploy credential-stealing overlays against 349 banking, financial, e-wallet and […]

CoinShares has expanded the mandate of its WGMI exchange-traded fund beyond bitcoin mining, giving investors exposure to artificial intelligence data centres, power infrastructure and high-performance computing as miners increasingly reposition their energy-heavy businesses around AI. The Nasdaq-listed fund was renamed the CoinShares Bitcoin Mining and Digital Power ETF on August 18, replacing its former CoinShares Bitcoin Mining ETF identity while retaining the WGMI ticker. The change substantially […]

Arabian Post Staff -Dubai Six armed men have seized control of a product tanker in the Gulf of Aden off Yemen and diverted the vessel towards Somalia, raising fresh concern over a resurgence of piracy along one of the world’s most important shipping corridors. The tanker, identified as Sibu 1 and also known by its former name Seamull, was travelling west when it reported that an unauthorised […]

HONG KONG SAR – Media OutReach Newswire – 21 August 2026 – At a time when Asian universities are competing globally for top talent, The Chinese University of Hong Kong (CUHK) is emerging as a destination of choice for high-achieving students across Southeast Asia. Among them is Vo Xuan Dat, a Vietnamese scholar now in his second year studying Systems Engineering and Engineering Management (SEEM). His journey reflects a broader shift toward a new generation of internationally minded engineers equipped with interdisciplinary skills to navigate increasingly complex, data-driven industries.

For Dat, CUHK is defined by the balance of academic rigour and inspiring community.
For Dat, CUHK is defined by the balance of academic rigour and inspiring community.

Strategic Selection: A Global Education Hub
For students planning to study abroad, choosing a university often means balancing academic reputation with a curriculum that aligns with current industry needs and global trends. Hong Kong’s blend of Eastern and Western cultures, strong academic institutions, and global career pathways makes it a natural draw. Through CUHK’s Scholarship Nomination Programme for Vietnamese students, Dat identified a programme that stood apart. “CUHK quickly became my top and only choice because of its strong reputation, supportive community, and the unique major I was passionate about,” he shared.

Bridging Technical Rigour and Holistic Education
Since joining the Faculty of Engineering, Dat’s academic experience reflects a broader transformation in engineering education. The SEEM curriculum continuously challenges students to think critically and solve complex operational problems. Its unique blend of engineering principles and economic theory equips students to tackle real-world business challenges. Dat has especially valued courses that combine quantitative problem-solving with practical business applications.

Beyond his major, CUHK’s University General Education courses has allowed Dat to explore interdisciplinary fields beyond engineering, reinforcing a holistic perspective that is increasingly valued by global employers.

A Vibrant Campus Environment and Cross-Cultural Connection
Outside the lecture hall, Dat has built a rich university life. He participates in cultural exchange workshops, joins language exchanges with international students, volunteers at campus events, and explores Hong Kong through hiking trips.

One memory stands out in particular: celebrating the Mid-Autumn Festival on campus with close Vietnamese friends. “Sharing these special cultural moments made me feel truly at home and gave me more confidence adapting to university life,” he noted. For Dat, CUHK is defined by the balance of academic rigour and inspiring community.

CUHK’s Systems Engineering and Engineering Management Programme
The SEEM programme prepares graduates to manage complex, data-driven systems across modern industries by integrating engineering technology with management. Key highlights include:

  • Specialised Streams: Offers focused specialisation streams in Business Information Systems and Decision Analytics.
  • Analytical Toolkit: Trains students in advanced mathematical tools including optimisation, stochastic modelling, and computer simulation.
  • Technology at the Core: Infuses core engineering studies with cutting-edge expertise in machine learning, big data analytics, and artificial intelligence.
  • Global Career Paths: Equips competitive graduates for prominent positions in asset management, information technology consulting, and e-commerce supply chain management.

For more information about CUHK’s undergraduate programmes, visit https://admission.cuhk.edu.hk/.

Hashtag: #CUHK

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By T Neelakantan Aiyers Despite the tariff shocks unleashed by Donald Trump, Indian exports to the United States have proved remarkably resilient. New trade agreements with Britain, the EU, Oman and New Zealand are giving India more options—but not yet replacing America as its most important export market. There was a moment when Donald Trump’s […]

The article Why America still cannot shake India’s export machine appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

TONGLU, CHINA – Media OutReach Newswire – 20 August 2026 – Olympic champion diver Quan Hongchan visited the Chuiyun Tongtian River scenic area in Tonglu, China, in early August — not to dive, but to joke with the “Turtle Immortal,” a costumed performer entertaining passengers on boats through the river and its caves.

The "Turtle Immortal," an interactive character at Chuiyun Tongtian River in Tonglu, greets visitors during a cave tour.
The “Turtle Immortal,” an interactive character at Chuiyun Tongtian River in Tonglu, greets visitors during a cave tour.

The exchange spread quickly on Chinese social media. For visitors, the character has become more than a photo opportunity: people stop to trade lines, ask questions and play along. Some have traveled specifically to meet the performer.

The small scene reflects a larger change underway in Tonglu, a county in Zhejiang province in eastern China. Long known for its scenery along the Fuchun River, Tonglu is adding performers, interactive storylines, water activities and even unexpected roadside attractions to encourage visitors to take part rather than simply look on.

A cave tour with characters

The “Turtle Immortal” is played by Zhang Yunbin, a 26-year-old opera performer who studied in Russia and speaks English and Russian. His setting is not a conventional theater but a river route winding through limestone caves.

At Chuiyun Tongtian River, Zhang is one of a rotating cast inspired by Journey to the West, the classic Chinese novel. Visitors may encounter Zhu Bajie, also known as Pigsy, as well as the Bull Demon King and Taishang Laojun, a Taoist deity.

More than 120 performers take part in the program. Rather than delivering a fixed show from a stage, they improvise with visitors, pose for photos and pull travelers into short scenes along the route.

The approach is part of what tourism marketers call immersive travel, though the experience is fairly straightforward: visitors are invited to respond, joke back and become part of the moment.

Similar experiments are appearing elsewhere in the county. At Yaolin Wonderland and Yan Ziling Fishing Platform in Tonglu, performers appear among caves, riverbanks and mountain paths as characters drawn from folklore, history and local life. A visit might include a brief role-playing exchange, a story about the site or an encounter that changes the pace of an otherwise standard tour.

The goal is to give visitors a reason to linger.

An aquarium at a highway rest stop

Tonglu’s most unusual tourism experiment may not be in a scenic area at all.

During China’s May Day holiday this year, travelers stopping at the Tonglu service area on the G25 Changchun–Shenzhen Expressway found more than fuel, snacks and restrooms. The rest area featured a large aquarium, mermaid performances and crowds pausing to take photos.

The attraction turned a routine highway break into a destination in its own right. According to figures released by local authorities, the service area received more than 80,000 visitors a day during the holiday.

The idea is to capture some of the spending that would otherwise pass through the county without stopping. A traveler who pulls over for coffee may stay for a show, buy a meal or decide to explore nearby attractions.

County data show that Tonglu received 1.61 million visits during the May Day holiday, up 13.2% from a year earlier.

Tourism revenue reached 958 million yuan, or roughly $132 million, a 12.4% increase, according to authorities.

Those numbers do not prove that a single aquarium or character program drove the growth. But they point to the value Tonglu sees in making travel stops more memorable — and in turning short visits into longer ones.

Scenic Tonglu County. Photo by Huang Qiang
Scenic Tonglu County. Photo by Huang Qiang

More ways to spend a summer day

In late July, Tonglu launched a summer tourism campaign “Water Play Kingdom: Tonglu Is Wild.” The branding is aimed at visitors looking for a mix of rafting, family activities, village stays and outdoor recreation.

The county’s tourism offerings now range from river rafting and mountain-stream activities to the family resort, rural walks and evening events. The strategy is less about promoting a single landmark than about creating enough options for visitors to spend a full weekend — or return in another season.

That broader approach matters in a destination with no shortage of natural scenery. Tonglu’s rivers, caves and hills remain the foundation of its appeal. But local planners are increasingly treating those landscapes as settings for activities, stories and encounters rather than as backdrops for a quick stop and a photo.

Making travel easier for overseas visitors

Tonglu is also preparing for more international travelers.

The multilingual “Turtle Immortal” has become a lighthearted symbol of that effort. When the performer chats with overseas visitors in English, Chinese social-media users joke that “the Heavenly Palace has opened an international branch.”

Behind the joke is a more practical effort to improve the visitor experience. Yaolin township in Tonglu has been selected as a provincial pilot area for inbound-tourism innovation, with work underway on multilingual signs, international payment options and other services for overseas guests.

For international visitors, those details can matter as much as the attractions themselves. A cave performance or rafting trip may be memorable, but clear directions, workable payment systems and accessible information determine whether a trip feels easy or frustrating.

The county’s tourism push is still rooted in the things that first drew people there: water, mountains and caves. What is changing is the role of the visitor.

In Tonglu, tourists may still come for the view. But they may also find themselves joking with a cave character, watching mermaids at a highway rest stop or joining an activity that asks them to do more than pose for a photo.

Hashtag: #Tonglu

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Navigating Market Cycles with Operational Resilience, Core Business Stabilizes and Rebounds, Marking a Strategic Turnaround and New Growth Phase

HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”) (SEHK stock code: 06979.HK), a flagship enterprise in China’s baijiu industry and the first baijiu company listed on the Hong Kong Stock Exchange, is pleased to announce its interim financial results for the six months ended 30 June 2026 (“FY 2026 1H” or the “Period”)

In the first half of 2026, the broader baijiu industry operated within a demanding macroeconomic environment characterized by structural adjustments and sluggish consumer demand. In response to cyclical headwinds during the Period, the Group proactively optimized its operational strategies, strengthened healthy channel management, and accelerated digital innovation, resulting in comprehensive stabilization and an operational rebound. The year 2026 marks a pivotal strategic inflection point for ZJLD, signaling the completion of a two-year industry-driven consolidation and the onset of a new high-quality growth cycle.

The key financial and business highlights are as follows:

FY 2026 1H

(for the six months ended June 30, 2026)

(RMB‘000)

FY 2025 1H

(for the six months ended June 30, 2025)

(RMB‘000)

Changed by
Revenue 2,546,069 2,497,106 +2.0%
Gross profit 1,520,856 1,474,284 +3.2%
Gross profit margin 59.7% 59.0% +0.7percentagepoints
Profit attributable to equity holders of the Company 580,717 574,771 +1.0%
Net cash generated from/(used in) operating activities (234,035) (322,274) –27.4%
Adjusted net profit (non-IFRS measure) 626,064 613,202 +2.1%
Adjusted net profit margin (non-IFRS measure) 24.6% 24.6% —


Optimized Product Mix Drives Profitability; Multi-Brand Synergy Amplifies Resilience

  • During the Period, the Group recorded revenue of RMB 2,546.1 million, representing a 2.0% year-on-year increase. Gross profit increased by 3.2% to RMB 1,520.9 million, while Adjusted Net Profit reached RMB 626.1 million, up 2.1% year-on-year. Benefiting from an expanded revenue contribution of Sub-premium products and the Li Du brand, alongside streamlined production efficiencies, the Group’s gross margin expanded by 0.7 percentage points to 59.7%. Net cash operation cash outflow narrowed significantly by 27.4%, underscoring rigorous cash flow management and prudent risk control.
  • Zhenjiu (Flagship Brand): Generated RMB 1,342.4 million in revenue during the Period, accounting for 52.7% of total revenue. The Group exercised disciplined control over channel fulfilment ahead of the launch of the next-generation Zhen 15 to safeguard channel pricing integrity. Meanwhile, the strategic flagship product “Da Zhen” achieved strong growth and explosive nationwide expansion across 31 provinces and 280 cities, driving Zhenjiu’s gross margin up to 59.8%.
  • Li Du (Second Growth Engine): Accelerated its growth momentum, recording revenue of RMB 788.0 million, sharply up 28.9% year-on-year. Driven by the national expansion of its Sub-premium and Mid-tier product portfolio, such as Li Du Sorghum 1975 (李渡高粱 1975), Li Du Sorghum * Changyin Collection Series (李渡高粱酒 · 暢飲珍藏版), and the Li Du King Series (李渡王系列), Li Du demonstrated formidable, explosive market penetration and volume growth.
  • Xiangjiao & Kaikouxiao (Regional Powerhouse): Maintained solid market share within Hunan Province, generating RMB 282.8 million, up 2.0% year-on-year, and RMB 81.8 million, up 1.0% year-on-year, respectively in revenue, both delivering sustained market stabilization and modest growth.
  • Sub-Premium Baijiu Segment: Delivered exceptional performance, achieving revenue of RMB 1,366.1 million, up 39.1% year-on-year. The segment’s contribution to overall revenue surged from 39.3% to 53.7%, reflecting the Group’s agile realignment with evolving consumer shifts toward rational spending and banquet occasions (e.g., weddings and celebrations), successfully capturing growth opportunities in the sub-premium segment.
  • The Board of Directors does not recommend the declaration of an interim dividend for the six months ended 30 June 2026 (FY 2025 1H: nil).


Strategic Agility: Pioneering Channel Innovation & Digital Synergy as Dual-Engine

The Group’s proprietary “Premier Retailers Alliance” model and the Monthly Profit-sharing Model (“月月分利模式”) designed for the 5th Generation Zhen 15 have effectively resolved long-standing industry pain points, such as price inversion and distributor margin compression. By establishing competitive monthly margins, automating online ordering, and offering a share-linked sales incentive plan with certain distributors, the Group successfully attracted and retained high-calibre distributors with strong group-selling capabilities and direct access to end consumers. As of 30 June 2026, the Group’s distributor network expanded to 8,993 partners, an increase of 710 from the end of 2025.

Complementing this channel evolution, the Group adopted an omnichannel marketing framework combining “Community Penetration + Digital Empowerment”. Chairman Wu Xiangdong’s executive video channel (“Wu Jindong – ZJLD, 吳金東-珍酒李渡“) and regional cultural livestreams topped the “Entrepreneur Video IP 100 List” (企業家視頻IP100榜單) for seven consecutive months, averaging over one million views per broadcast. This sparked widespread co-created content with members of the Premier Retailers Alliance (萬商聯盟), creating a powerful online-to-offline traffic funnel. Simultaneously, Zhenjiu’s brand value rose to RMB 34.685 billion, a 103% gain over five years, solidifying among China’s top three sauce-aroma baijiu brands.

Forward-Looking AI Integration and Enterprise Digitization
The Group anchors its digital transformation strategy on operational capability and sustainable value creation. During the Period, in partnership with China Unicom, the Group developed an “AI + Expert Blending” framework powered by Large Language Models (LLMs). This synthesis of traditional heritage and advanced AI enables intelligent blending, elevating consistency, efficiency and craft precision. Furthermore, the Group upgraded Da Zhen‘s digital coding system to a “Six-Code” integration architecture, incorporating NFC anti-counterfeiting and ceramic jar storage metrics, as well as an RFID smart case labelling system to track and ensure precise volumetric measurement and end-to-end lifecycle traceability for every Da Zhen product. Zhenjiu was also awarded the national Data Management Capability Maturity Model (DCMM) Level 3 (Robust) accreditation, further validating its AI deployment and digital leadership.

Deepening Operational Foundations to Drive the New High-Quality Growth Cycle
Looking ahead to the second half of 2026 and beyond, ZJLD will maintain strategic poise by extending proven operational frameworks, such as the “Premier Retailers Alliance” and “Monthly Profit-sharing Model” to Zhen 30 and other core product lines. This initiative will precisely activate high-end and mid-tier markets while strengthening portfolio synergies across all price ranges. Concurrently, the Group will deepen its operation-sales decoupling (營銷分離) mechanism, rigorously monitor channel pricing, protect distributor profitability, and prioritize storage facility construction across its five major production facilities, namely Zhen Jiu Mao Tai Shuang Long (茅台鎮雙龍), Zhen Jiu Bai Yan Gou (白岩溝), Zhen Jiu Zhao Jia Gou (趙家溝), Li Du Zheng Jia Shan (鄭家山) and Xiang Jiao Jiang Bei (江北) to reinforce its long-term competitive moat.

Mr. Wu Xiangdong, Founder and Chairman of ZJLD Group, remarked, “Baijiu is a business that demands patience and reverence—time speaks through quality, and authentic fragrance endures. Over two years of industry rebalancing, our distributor partners and we have navigated genuine challenges and hardships; yet this period offered an invaluable window for reflection, consolidation, and self-reinvention. The deeper the valley, the more vital it is to stay grounded and focus on disciplined execution. Our stabilization in the first half of 2026 is the natural reward of diligent work and marks the dawn of a new growth phase. There are no shortcuts in business—only an uncompromising pursuit of quality, continuous market exploration, and adaptability in the face of change. In times of adversity, we chose to brew finer liquor, preserve channel profitability, and deliver utmost sincerity to our consumers. The launch of the ‘Premier Retailers Alliance’ and ‘Monthly Profit-sharing Model’ models ensures that every partner who trusts ZJLD enjoys security, clarity, and equitable rewards amid challenging conditions.

Engaging directly with consumers and merchants through digital broadcasts has reinvigorated my entrepreneurial passion and joy, which I felt when I first entered the baijiu industry. The consumers’ appreciation for fine baijiu remains undiminished, and their yearning for a better life remains passionate. 2026 serves as ZJLD’s springboard for a renewed journey. We remain a dedicated team of idealistic distillers, honoring nature’s harvest, grateful for the passage of time, and optimistic about the industry’s future. ZJLD will move forward with resilience, innovation, and an open heart alongside all our companions—cheers to bright moments and the journey ahead.”

Hashtag: #ZJLDGroup

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

About ZJLD Group Inc.

Zhen Jiu was established in 1975 in Zunyi, Kweichow, China’s primary production area of sauce-aroma baijiu. In 1988, it was honored with the National Quality Award at the 5th National Wine Appreciation Conference. In the same year, it was announced by the Protocol Department of the Ministry of Foreign Affairs, the Communication Department of the Ministry of Economy and Trade, and the Great Hall of the People Management Bureau to become one of the two sauce-aroma baijiu served at state banquets. It is also known as one of the “Three Representative Baijiu Brands in Kweichow”.

ZJLD Group Inc. is a leading baijiu group in China devoted to offering premium baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma varieties. According to Frost & Sullivan statistics, the flagship brand Zhenjiu has maintained its position for two consecutive years (2023 and 2024) as the fourth-largest sauce-aroma baijiu brand in China and the third-largest in Guizhou Province, by revenue. The Company operates four baijiu brands in China, including two national baijiu brands, Zhen Jiu and Li Du, and two regional brands, Xiangjiao and Kaikouxiao. ZJLD prides itself on inheriting the time-honored baijiu-brewing techniques and reinvigorating them to develop iconic products. It strives to create a wide variety of aromatic and mellow baijiu products to meet consumers’ diverse preferences, seize broader market opportunities, and promote traditional Chinese baijiu culture.

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 – 20 August 2026 – Allianz Trade in Asia Pacific is pleased to announce Scott Munafò has been appointed China CEO with effect from 1 September 2026. He will be based in Shanghai.

Scott Munafò to lead next phase of growth in China.
Scott Munafò to lead next phase of growth in China.

Mr Munafò joined Allianz Trade in 2015 as part of the Multinationals team and has spent over a decade shaping the company’s commercial strategy across four regions. Rising through key account management roles spanning MMEA, APAC, and Northern Europe – including his appointment as Regional Account Director for Northern Europe in 2021 – he was named Group Head of Broker Management and Partnerships in 2025, where he was responsible for defining and executing Allianz Trade’s global commercial and distribution strategy and strengthening broker partnerships across multiple regions. Mr Munafò holds an MBA from POLIMI Graduate School of Management (Politecnico di Milano) and a degree in Law from Università Bocconi with a major in Public Sector and Law.

On this appointment, Rodrigo Jimenez, Regional CEO at Allianz Trade in Asia Pacific, says: “Over the past decade, Scott has built extensive experience across various regions, demonstrating a strong track record in growing commercial portfolios, building strategic partnerships, and maintaining exceptional customer retention. His international experience, commercial leadership, and deep understanding of our business make him exceptionally well positioned to lead our China operations. I am confident that, together with the local management team, Scott will successfully drive our growth ambitions and deliver continued success in this important and fast-growing market.”

Mr Munafò remarks: “Allianz Trade has been part of China’s trade story for nearly two decades – built on the strength of our team, our partners, and our customers who have trusted us through every cycle. I am honoured to be entrusted with what so many have built together. My commitment is simple: to keep listening, to keep creating lasting value and to ensure the next chapter sets a new standard.”
Hashtag: #allianztrade #tradecreditinsurance


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

About Allianz Trade

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network is based on instant access to data of 289 million corporates. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 40 countries with 5,900 employees. In 2025, our consolidated turnover was EUR4 billion and insured global business transactions represented EUR1,400 billion in exposure. For more information, please visit .

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