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Wing Kai New Energy X QIJI Energy X C&D Hi-Tech

HONG KONG SAR – Media OutReach Newswire – 5 June 2026 – The 19th (2026) International Photovoltaic Power Generation and Smart Energy Exhibition & Conference (SNEC 2026) was grandly held from June 3 to 5, 2026, at the National Exhibition and Convention Center (Shanghai). Attracting over 3,000 exhibitors from 95 countries worldwide, the event stands as the largest and most influential professional grand gathering for the photovoltaic and energy storage sectors across Asia and globally.

During the exhibition, Mr. Yiu Wang Lee, Chairman of the Board of Wing Lee Development Construction Holdings Limited (“Wing Lee” or the “Group”, stock code: 9639.HK); Mr. Cai Huihui, General Manager of Wing Kai New Energy Technology Co., Limited (“Wing Kai New Energy”); Mr. Wang Yi, Key Account Manager of QIJI Energy; Mr. Xu Jun, Overseas Energy Storage Commercial Director of Contemporary Amperex Technology Co., Limited (CATL); and Mr. You Yuxian, ASEAN Regional Energy Storage Sales Director of CATL, jointly visited the exhibition booth of C&D Hi-Tech. The delegation engaged in in-depth discussions with the team led by General Manager Mr. Zhan Shengli, focusing on battery swapping station projects in Hong Kong and Southeast Asia. By integrating multi-party resources, the teams successfully finalized and signed a Strategic Cooperation Agreement.

Through this signing, the three parties will join forces to address and resolve the industry pain points of overseas markets regarding regulatory compliance, engineering infrastructure, and supply chain coordination. The collaboration represents a deep integration of QIJI Energy’s cutting-edge battery swapping solutions, Wing Kai New Energy’s localized infrastructure and operational capabilities across Hong Kong and Shenzhen, and C&D Hi-Tech’s robust global resource allocation strengths. Moving from single-project development to an ecosystem of mutual win-win, this partnership will significantly enhance the delivery efficiency of green energy across Hong Kong, Macau, and the Southeast Asian region, setting a brand-new benchmark for regional zero-carbon smart transportation.

As a subsidiary of Wing Lee, Wing Kai New Energy has been rooted in Hong Kong since its inception while radiating its presence globally, deeply cultivating sustainable clean energy solutions. Addressing the acute pain points in the Greater Bay Area and Southeast Asian markets, where rapid fluctuations in energy prices have led to surging cost pressures for logistics distribution enterprises, Wing Kai New Energy will focus on urban distribution logistics battery swapping businesses in the future. The company plans to integrate site resources, infrastructure, and operations to fill the gap in regional infrastructure. We firmly believe that this cooperation will effectively bridge the cross-border green energy eco-link, accelerate the construction of a green energy service network, and contribute solidly to the realization of the “dual carbon” goals. Meanwhile, we sincerely invite more partners to join the Zero-Carbon Smart Alliance to jointly advance sustainable development.

Hashtag: #WingLee

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About Wing Lee Development Construction Holdings Limited

Deeply rooted in Hong Kong, Wing Lee is an established contractor engaged in civil engineering, electrical and mechanical engineering, and new energy businesses, and has participated in various large-scale landmark projects in Hong Kong. The Group’s civil engineering business specialized in site formation waterworks as well as road and drainage works, while its electrical and mechanical engineering business specializes in power system-related projects and emergency maintenance works. In recent years, the Group has actively expanded into the new energy sector, undertaking solar photovoltaic projects, distributing various electric commercial vehicles and electric construction machinery, and engaging in the construction and subsequent maintenance of charging piles, battery swapping, recycling, and energy storage businesses. In 2025, Wing Lee Construction, together with SANY Group Co., Ltd. and CATL, among other industry giants, founded the “Zero-Carbon Smart Alliance” to develop full-industry-chain solutions for photovoltaics, energy storage, charging and battery swapping, and smart applications in green transportation.

As an innovative driver of global payment solutions, Epay made a powerful international impression by showcasing its robust product matrix and vertical industry solutions. Amidst this prestigious gathering of top-tier global decision-makers, Epay emerged as a focal point of the event, drawing significant industry attention with its specialized sector expertise and deep compliance capabilities.

Throughout the event, the Epay booth buzzed with high-energy discussions as a steady stream of industry leaders and representatives gathered for consultations. Against the backdrop of an evolving global trade landscape, the strategic synergy and bidirectional flow between high-growth markets in Europe and the Asia-Pacific region emerged as a primary focus for many attending businesses.

On the floor, Epay’s expert team provided in-depth, tailored consultations for fintech peers, social media platforms, digital marketing agencies, and B2B trading enterprises. Addressing complex pain points such as global pan-entertainment payouts and cross-border supply chain fund flows, the team demonstrated Epay’s core global collection and payout capabilities alongside its flexible API solutions, precisely empowering businesses to expand internationally.

Furthermore, the Epay team engaged in deep-dive strategic dialogues with local commercial banks, international clearing organizations, and financial experts from various countries. Moving forward, Epay remains dedicated to expanding robust local payment networks, leveraging its forward-looking vision to power the global digital economy.

Hashtag: #EPay

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About Epay

Forging Ahead, Driving Digital Growth
The curtain has fallen, but a new journey has just begun. For Epay, the conclusion of this international expedition marks the starting point for a new chapter in empowering global growth.

Standing at the forefront of the global digital economy, Epay remains committed to security as its foundation and innovation as its driving force, continuously building a compliant and rock-solid fintech infrastructure. Looking ahead, Epay will continue to dissolve geographical and financial barriers, marching alongside visionaries worldwide. We look forward to leveraging an even more forward-looking ecosystem to safeguard the global expansion of cross-border enterprises.

With past milestones honored and the future ahead, we look forward to seeing you at our next stop—ChinaJoy in Shanghai!

The exemption, effective from 1 April 2026, covers interest income and capital gains arising from the sale, exchange or transfer of specified government securities by eligible foreign institutional investors and the Bank for International Settlements. President Droupadi Murmu signed the Income-tax Ordinance, 2026 while Parliament was not in session, amending the new direct tax framework that took effect at the start of the financial year.

Foreign investors had been subject to long-term capital gains tax of 12.5% on listed bonds held for more than 12 months and withholding tax of 20% on interest from government securities. By removing the tax burden for eligible investors, the Centre is seeking to improve post-tax returns and make rupee debt more competitive at a time when global funds are weighing currency risk, oil-market volatility and geopolitical uncertainty.

The policy shift comes as the rupee has weakened by more than 5% this year, pressured by crude prices and sustained foreign selling in equities. The currency recovered after the announcement of measures aimed at attracting foreign currency inflows, but traders continued to watch oil prices, reserve levels and the central bank’s market operations for signs of durable support.

Reserve Bank of India kept the policy repo rate unchanged at 5.25% and announced steps to encourage dollar inflows, including support for foreign-currency borrowing by public sector entities, incentives for non-resident deposits and a longer window for exporters to repatriate proceeds. The central bank also revised its growth forecast to 6.6% and raised its inflation estimate to 5.1%, underlining the pressure created by imported energy costs.

The tax relief is aimed at deepening overseas participation in government securities after the inclusion of rupee bonds in major global debt benchmarks. Fully accessible route bonds have already been added to J. P. Morgan’s emerging market debt index and Bloomberg’s emerging market local currency index, widening the pool of passive and active investors that can allocate funds to sovereign debt. A separate decision on inclusion in broader global bond benchmarks is being watched by investors because it could influence medium-term flows.

Debt inflows have remained more resilient than equity flows, but the scale has not been sufficient to offset pressure from the current account and stock-market exits. Foreign investors have pulled large sums from equities this year, while government debt has continued to attract selective buying. Higher hedging costs and expectations of currency weakness have limited enthusiasm among some global investors despite the comparatively attractive yield on rupee bonds.

Market participants expect the tax exemption to help long-only funds, pension funds, sovereign investors and reserve managers that focus on net returns after tax. The measure could also support liquidity in benchmark government securities and reduce borrowing costs at the margin if foreign demand rises. For the Centre, a broader investor base would help absorb a large borrowing programme without placing excessive pressure on domestic banks and insurance companies.

The effect may still depend on factors beyond tax policy. Currency stability, inflation expectations, oil prices, fiscal credibility and the central bank’s approach to liquidity will shape overseas appetite. Investors that hedge currency exposure must still account for hedging costs, while those that remain unhedged face the risk of rupee depreciation wiping out yield gains.

The Ministry of Economy, Trade and Industry has set out a policy proposal calling for the rebuilding of between two and five reactors by the 2040s and up to 14 by the 2050s. The plan would add about 16 gigawatts of nuclear capacity, helping the country meet rising electricity demand from artificial intelligence, data centres, advanced manufacturing and wider electrification.

The proposal reflects a major shift in Japan’s energy strategy. After the Fukushima Daiichi disaster in March 2011, Japan shut all 54 operating reactors, leaving the world’s third-largest economy more dependent on imported liquefied natural gas, coal and oil. Only 15 of the 33 remaining operable reactors have returned to service, while many units face retirement pressure as they approach or exceed their permitted 60-year operating life.

Tokyo’s latest energy plan targets nuclear power at around 20 per cent of electricity generation by fiscal 2040, while renewables are expected to provide 40 to 50 per cent. Thermal power, which still accounts for a large share of supply, is expected to decline but remain important for grid stability and emergency backup. The policy removes earlier language about reducing reliance on nuclear power, replacing it with a call to maximise the use of both renewables and atomic energy.

The renewed push is driven by a combination of economic and geopolitical pressures. Japan imports most of its energy, leaving households and industry exposed to volatile fuel prices, shipping risks and currency swings. The war in Ukraine, instability in the Middle East and tighter global gas markets have strengthened the case within government for expanding domestic low-carbon baseload power.

Electricity demand, which had been broadly flat for years, is also expected to turn higher. The spread of AI computing, semiconductor plants, battery factories and digital infrastructure has increased concern that inadequate power supply could weaken Japan’s ability to attract investment. Officials view nuclear energy as a way to provide stable, large-scale electricity without increasing carbon emissions.

The plan is likely to benefit major utilities including Tokyo Electric Power, Kansai Electric Power, Kyushu Electric Power and Chubu Electric Power, although the sector still faces high regulatory, financial and social hurdles. Reactor replacement requires local consent, safety approval, heavy capital spending and long construction timelines. Japan has not built a new reactor since before Fukushima, and public trust remains fragile.

Safety concerns remain the central political obstacle. The Fukushima disaster, triggered by the March 2011 earthquake and tsunami, forced mass evacuations and left deep scepticism about official oversight of the nuclear industry. Questions over seismic risk, evacuation planning, spent fuel storage and operator transparency continue to shape public debate, particularly in communities near existing plants.

Controversies have added to the challenge. Chubu Electric has faced scrutiny over falsified seismic risk assessment data at the Hamaoka nuclear plant, a facility long viewed as sensitive because of its location in an earthquake-prone area. Incidents of that kind reinforce concerns among critics who argue that Japan should prioritise renewables, storage, grid upgrades and efficiency rather than committing to another generation of nuclear infrastructure.

Supporters counter that renewables alone will not meet Japan’s industrial needs quickly enough, given land constraints, permitting delays and the intermittency of solar and wind power. Offshore wind has long-term potential, while next-generation solar technologies such as perovskite cells are being promoted, but large-scale deployment will take time. Nuclear advocates argue that replacing old reactors with advanced designs could improve safety and reliability while supporting climate targets.

The government’s approach is to rebuild reactors at existing or decommissioned nuclear sites rather than open entirely new locations, a strategy designed to reduce political resistance and use established grid infrastructure. Next-generation reactors are expected to incorporate stronger passive safety systems and improved resilience against natural disasters, although costs and construction schedules remain uncertain.

The announcement forms part of SKYWORTH Solar’s newly unveiled global growth strategy, revealed at the 2026 SNEC Exhibition and Global Customer Summit in Shanghai, where the company introduced its new positioning as a “Global Smart Energy Ecosystem Leader” and outlined plans to accelerate expansion across key international markets.

Thailand has emerged as one of SKYWORTH Solar’s strategic markets in Southeast Asia, driven by rising energy demand, increasing electricity costs for businesses, and growing momentum behind renewable energy adoption.

The opening of the company’s Thailand office at Empire Tower in Bangkok strengthens SKYWORTH Solar’s local presence. It enables the company to provide customers and partners with enhanced support across consultation, project execution, after-sales service, supply chain coordination and project delivery.

“Thailand represents a significant growth opportunity for SKYWORTH Solar as businesses increasingly seek reliable and cost-effective clean energy solutions,” said Wanfei Qu, Chief Investment Officer of SKYWORTH Group, CEO and Director of SKYWORTH Solar. “Our strategy is built on the principle of ‘Global Vision, Local Execution’, combining global expertise with strong local partnerships to support Thailand’s energy transition and long-term sustainability goals.”

As part of its expansion plans, SKYWORTH Solar signed a 100MW C&I solar project MOU with CapSolar, supporting the growing demand for rooftop solar solutions among commercial and industrial businesses.

The company is also strengthening its local ecosystem through investments in project development, financing partnerships and service capabilities. This includes a strategic banking collaboration with ICBC Thai and access to a US$500 million investment fund to support solar project development and deployment in Thailand and other international markets.

One example of SKYWORTH Solar’s growing footprint in Thailand is its 3MW rooftop solar project at UMC Steel Plant in Chonburi Province. The project is expected to generate approximately 4.4 million kWh of clean electricity in its first year, helping reduce energy costs while supporting the facility’s sustainability objectives.

The developments in Thailand were highlighted as part of SKYWORTH Solar’s broader global strategy unveiled at SNEC 2026. The company announced plans to expand its solar, energy storage, and integrated smart energy solutions across Europe, Southeast Asia, the Middle East, and Africa, in response to increasing global demand for renewable energy technologies.

As governments and businesses accelerate their decarbonisation efforts, SKYWORTH Solar aims to support customers through a combination of advanced technology, flexible business models and localised service capabilities.

For more information about SKYWORTH Solar and its clean energy solutions, please visit https://www.skyworth-pv.com.
Hashtag: #SKYWORTH

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About SKYWORTH

SKYWORTH Solar, the cutting-edge PV brand under SKYWORTH Group, is a global leader in providing comprehensive one-stop solar solutions. Comprehensive end-to-end services are provided, encompassing consulting, design, and product O&M, all supported by a portfolio of self-developed solutions.

As a leading global renewable energy developer, service provider and energy solutions provider, SKYWORTH is actively shaping the future of energy. With a strong presence in EPC services and one-stop product solutions, SKYWORTH delivers high-quality, reliable, and innovative energy solutions. SKYWORTH ‘s commitment to originality and excellence has earned widespread recognition in international markets such as Germany, Italy, the UK, Brazil, and Senegal.

The plan, worth about $4.3 billion, reflects a sharp turn by Gulf from its traditional base as a power producer into a broader infrastructure group linking electricity generation, telecommunications, cloud services and industrial logistics. The investment push comes as Thailand seeks to position itself as a regional data hub, helped by rising demand for cloud computing, artificial intelligence workloads and data-localisation capacity across Southeast Asia.

Gulf’s strategy is built around a simple commercial premise: AI facilities need vast, reliable and increasingly low-carbon electricity. Data centres are among the most power-intensive assets in the digital economy, and operators are under pressure to secure stable energy supply while meeting sustainability commitments from global technology clients. Gulf’s existing position in gas-fired power, renewable energy and utilities gives it an advantage that pure technology infrastructure firms may struggle to match.

Sarath, Gulf’s chief executive and controlling figure, has spent years reshaping the group from a conventional energy developer into a conglomerate with exposure to telecoms, satellites, digital platforms and cloud infrastructure. The merger of Gulf Energy Development and Intouch Holdings created a larger listed platform linked to Advanced Info Service, Thailand’s biggest mobile operator, and Thaicom, the satellite company. That structure gives Gulf access to telecom traffic, enterprise clients and digital distribution channels that can support its data-centre ambitions.

The investment programme is expected to support new data-centre capacity, related infrastructure and power projects needed to serve hyperscale and enterprise customers. Gulf has already moved into the sector through partnerships involving global technology names and regional operators, while its digital arm has explored cloud and AI services designed for corporate and government clients. The company’s first major data-centre project has become a reference point for its expansion into facilities that can host high-density computing workloads.

Thailand’s broader investment environment has also shifted in Gulf’s favour. Authorities have approved large-scale data infrastructure projects from global technology players, including server and data-processing investments across Bangkok, Samut Prakan and Chachoengsao. Google, Amazon Web Services, Microsoft and ByteDance-linked operations have all announced or pursued major commitments in the country, intensifying competition but also validating Thailand’s role in the regional digital economy.

For Gulf, the opportunity lies not only in renting data-centre capacity but also in selling bundled infrastructure: power, connectivity, cloud access and long-term operational reliability. That model could create recurring income and reduce dependence on regulated returns from power generation. It may also help Gulf deepen its relationship with large technology clients seeking local partners that understand land, energy approvals, grid constraints and domestic regulatory requirements.

The group’s financial position gives it room to move, though the scale of the programme will be closely watched by investors. Gulf reported strong first-quarter earnings for 2026, helped by its energy operations and profit contribution from Advanced Info Service. Revenue growth and core profit gains have strengthened confidence in its ability to finance new projects, but data centres require heavy upfront spending and returns can depend on utilisation rates, long-term contracts and energy costs.

The timing is also sensitive. Across Asia, governments are competing for data-centre investment while confronting pressure on power grids, water use and land availability. Singapore’s cautious approach to new data-centre capacity has encouraged developers to look at Malaysia, Thailand, Indonesia and Vietnam, but each market faces its own constraints. Thailand has industrial land, policy incentives and improving connectivity, yet grid readiness and clean-energy availability remain decisive issues for hyperscale clients.

Gulf’s renewable energy targets are likely to form part of its sales pitch. The company has set out plans to raise the share of renewables in its generation portfolio and reduce carbon intensity, while continuing to rely on gas as a stable baseload fuel. Its long-term LNG supply arrangements also point to a strategy that balances energy security with transition commitments, even as customers demand cleaner electricity for digital operations.

Sarath’s expansion plan underscores how AI is redrawing corporate strategy beyond Silicon Valley. Energy groups, telecom operators and infrastructure funds are increasingly competing for the physical assets behind the digital boom. Gulf’s bet is that Thailand’s AI economy will be shaped as much by power plants, fibre networks and industrial sites as by software models and cloud applications.

By Dr. Gyan Pathak The preliminary version of the OECD Outlook released on June 3, 2026 has projected the real GDP of India to grow by 6.3% during the FY 2026-27, which is a sharp decline from the robust growth rate of 7.8 per cent year-on-year in the quarter ending in December 2025 (Q3 FY2025–26), […]

The article India Stares At Difficult Days Ahead With Sharp Decline In Growth Rate In 2026-27 appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Developed in collaboration between AECOM and ULI, the report brings together perspectives from stakeholders across infrastructure, government, utilities, investment, planning and development sectors. It draws on a survey of more than 100 senior infrastructure professionals in Asia Pacific, alongside in-depth interviews with industry leaders. As the first edition of the Index, it establishes a baseline for understanding how infrastructure innovation is currently being prioritized and delivered across the region.

“This report highlights how organizations are moving beyond ideas and applying innovation in practical ways to improve delivery, resilience and system performance,” said Ian Chung, chief executive of AECOM’s Asia region. “Infrastructure leaders across Asia Pacific are responding to growing complexity by strengthening digital capabilities, improving coordination across interconnected systems and focusing on long-term operational performance.”

“Our collaboration with AECOM reflects a growing recognition that infrastructure and real estate are increasingly interdependent,” said Alan Beebe, CEO Asia Pacific, ULI. “As cities in Asia Pacific evolve, infrastructure is no longer just a technical consideration, but plays a critical role in shaping how places function, grow and perform. Understanding how innovation is being applied in this context is essential for those involved in the built environment.”

Among the top ten takeaways highlighted in the report, three key themes emerged consistently across both the survey findings and interview insights: the role of AI in infrastructure systems, the integration and growing demands on energy systems, and the need to design and operate infrastructure for climate resilience. Together, these themes highlight a broader shift toward enhancing how infrastructure systems are developed and perform under increasingly complex, real-world conditions.

Read the report here: Asia Pacific Infrastructure Innovation Index | AECOM Insights

Hashtag: #AECOM #AsiaPacificInfrastructureInnovationIndex

https://aecom.com

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About AECOM

AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle — from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com.

About the Urban Land Institute

The Urban Land Institute (ULI) is a non-profit education and research institute supported by its members. Its mission is to shape the future of the built environment for transformative impact in communities worldwide. Established in 1936, the Institute has more than 48,000 members worldwide and over 3,000 members in the Asia Pacific region representing all aspects of land use and development disciplines. For more information on ULI Asia Pacific, please visit asia.uli.org, or follow us on LinkedIn, Facebook, Instagram, X, and YouTube.

By K Raveendran Public anger has a strange way of finding symbols. Sometimes it gathers around a saintly figure in a white cap, sometimes around an unlikely political label that sounds almost like a joke until it begins to speak for a generation. The overwhelming response from Gen Z to the Cockroach party carries unmistakable […]

The article Cockroach Politics And The Limits Of Public Anger appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).