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Google has disclosed a coordinated takedown of UNC2814, a suspected China-linked cyber-espionage group, after investigators tied it to intrusions at 53 organisations in 42 countries, with telecommunications providers and government bodies forming the core of the victim set. The campaign centred on a custom backdoor called GRIDTIDE, which used Google Sheets as a covert command-and-control channel, allowing malicious traffic to blend with ordinary cloud activity rather than […]

Solana’s effort to prepare for a future quantum-computing threat is exposing a basic tension for high-speed blockchains: the safer the signature system becomes, the heavier and slower it is likely to be. That trade-off has moved into sharper focus as Bitcoin developers debate draft quantum-safe address proposals, Ethereum’s post-quantum team lays out a multi-year migration plan, and new research from Google and outside experts brings forward the […]

Arabian Post Staff -Dubai du and Ericsson have completed a 5G standalone proof of concept in the UAE that they say could widen the reach of fixed wireless access for households, using millimetre wave technology to deliver faster home broadband over a broader area than is typically associated with high-band spectrum. The companies said the trial was carried out in residential areas and is intended to support […]

Dentsu has appointed Yusuke Kagohara as chief financial officer for Southeast Asia, handing him a mandate that goes beyond traditional finance oversight as the advertising and marketing group tightens governance and prepares for a more disciplined phase of expansion across one of Asia’s most competitive markets. The appointment took effect immediately, and Kagohara will report to Sanjay Bhasin, chief executive for Southeast Asia.

The move lands at a sensitive point for global agency networks. Growth remains available across Southeast Asia, but margins, client expectations and regulatory scrutiny are all sharpening. Dentsu’s own framing makes clear that this is not merely a replacement hire. Company statements and industry reports describe the post as part of a wider effort to deepen strategic and financial discipline and strengthen governance across the regional cluster, which covers Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The business employs more than 4,000 people in the region under what Dentsu describes as a borderless operating model formed in 2023.

Kagohara arrives with a profile that fits that brief. Before this appointment, he served as group head of risks and controls at Dentsu Group Inc., where he worked on internal controls, enterprise risk management and broader governance and remediation efforts. Earlier assignments included chief financial officer and deputy chief financial officer roles in Beijing and at Dentsu Creative China, experience that gave him exposure to large and complex operating environments in Asia. Industry coverage of the appointment has also highlighted his background in corporate strategy, transformation and all-round finance, suggesting the company wanted someone comfortable with both compliance architecture and commercial execution.

That background matters because agency finance chiefs are no longer judged only on forecasting, cost control and reporting. They are increasingly central to how networks integrate acquisitions, police internal controls, price AI-enabled services and defend profitability while clients demand more measurable returns. Dentsu has been signalling this shift at group level for months. Its global management overhaul announced in February was pitched around stronger execution, while its 2025 integrated report and governance materials emphasised capital discipline, internal investment, productivity and the strengthening of leadership and controls.

Southeast Asia gives that challenge extra complexity. The cluster spans fast-growing but highly uneven markets, each with different media structures, regulatory standards, client mixes and digital maturity. Dentsu has described the region as one of the world’s fastest-growing, and its own ad spend outlook has projected Asia Pacific growth ahead of the wider global economy. In December, the company forecast that global advertising spend would rise 5.1 per cent in 2026 to more than $1 trillion, with Asia Pacific remaining the fastest-growing region. For a network trying to convert that momentum into durable earnings, stronger financial control becomes a strategic tool rather than a back-office function.

Bhasin’s comments underline that point. In remarks carried by multiple reports and company-linked posts, he said growth on its own was not enough and that the business needed expansion that was “accountable, resilient, and built to last”. He described Kagohara’s experience in governance, transformation and complex markets as critical to the next stage of Southeast Asia’s development. Kagohara, for his part, said the region stood out for its scale, complexity and ambition, adding that strong fundamentals were universal even when market conditions varied widely. Those comments indicate a leadership view that the next test for Dentsu is not whether Southeast Asia can grow, but whether it can do so with tighter controls and greater consistency across markets.

The timing also follows a change in the seat Kagohara is filling. Trade reports late last month said Bharti Agrawal, who had served as CFO for Southeast Asia at Dentsu, had moved to Monks as chief financial officer for APAC marketing services. That succession gives the new appointment a sharper operational significance, because it suggests Dentsu moved quickly to avoid drift in a role that sits at the centre of planning, compliance and regional coordination.

3Commas has launched QuantPilot, a new AI-driven crypto trading platform aimed at giving retail traders access to tools more commonly associated with quantitative desks, as competition intensifies among trading software providers seeking to simplify strategy design, market research and execution. The company said the product is now in early access, with a public waiting list open through quantpilot. com, and positioned it as a no-code system that […]

Wall Street’s rush to treat hyperscalers as the safest way to profit from artificial intelligence is running into a harder question: whether all that spending will generate returns fast enough to justify the cost. Microsoft, Amazon, Alphabet and Meta are pushing capital expenditure to extraordinary levels as they race to build data centres, secure chips and expand cloud capacity, but investors are facing a business model that […]

A newly disclosed exploit chain in Progress ShareFile has raised fresh concern over the security of enterprise file-transfer systems after researchers showed that two critical flaws can be combined to seize control of vulnerable customer-managed servers without prior authentication. The vulnerabilities, tracked as CVE-2026-2699 and CVE-2026-2701, affect ShareFile Storage Zones Controller, the on-premises component used by organisations that keep files in their own infrastructure while relying on […]

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  Japan’s retail earnings season has opened with a split verdict for two of its best-known consumer groups, as Fast Retailing, owner of Uniqlo, delivered stronger profit momentum while Seven & i Holdings, parent of 7-Eleven, continued to face weaker earnings and a more clouded outlook. The divergence has sharpened investor attention on how Japanese retailers are handling softer demand, overseas expansion and trade uncertainty. Fast Retailing […]

Greenlogue/AP TotalEnergies and Abu Dhabi Future Energy Company PJSC – Masdar have signed a binding agreement to create a $2.2 billion joint venture that will combine their onshore renewable energy activities across nine Asian markets, in a move that underlines how large energy groups are shifting capital towards power demand growth in the region. The partners said the new platform will be owned equally, based in Abu […]

Microsoft has unveiled a $10 billion investment plan for Japan running from 2026 to 2029, marking one of the company’s biggest artificial intelligence commitments in Asia and a major escalation from its earlier pledge in the country. The package, worth about 1.6 trillion yen, is aimed at expanding AI infrastructure, strengthening cyber defence cooperation with Tokyo and widening access to domestic cloud capacity for government agencies and businesses.

The announcement signals how sharply competition for AI infrastructure has intensified across Asia. Microsoft said the programme will focus on adding computing capacity inside Japan at a time when governments and corporations are demanding secure, local processing for sensitive workloads. Brad Smith, Microsoft’s vice-chair and president, disclosed the plan during a visit to Tokyo, where the company also set out training and security goals tied to the investment.

Under the plan, Microsoft intends to train one million engineers and developers by 2030, a figure that underlines the labour challenge facing Japan as it tries to scale AI use across the economy. The company is also expanding cybersecurity collaboration with the Japanese government, including work around threat intelligence and cybercrime prevention. Those elements give the package a dual purpose: commercial expansion for Microsoft and strategic support for a country that has made digital resilience and industrial competitiveness central to policy.

The new commitment builds on a smaller programme announced in April 2024, when Microsoft said it would invest $2.9 billion over two years to expand cloud and AI infrastructure in Japan, while also launching wider digital skilling efforts, opening its first Microsoft Research Asia lab in the country and deepening cooperation on cybersecurity. The latest package therefore appears less like a standalone move than the next stage of a longer campaign to lock in market share and policy relevance in one of Asia’s most advanced economies.

Japan offers Microsoft an attractive mix of high-value enterprise customers, a technologically sophisticated manufacturing base and a government that has been openly supportive of industrial uses for generative AI. Tokyo’s policy stance has increasingly favoured the deployment of advanced digital tools to lift productivity, offset labour shortages and bolster economic security. That political environment has made Japan a focal point for global technology groups seeking not just customers, but durable alignment with state priorities on data sovereignty and national resilience.

Market conditions also help explain the scale of the move. Reuters reported that around one-fifth of working-age people in Japan are now using generative AI tools, showing that adoption has advanced but remains well below leading global levels, leaving substantial room for growth. At the same time, labour projections point to a steep shortage of AI and robotics specialists by 2040, raising the stakes for corporate training programmes and local infrastructure investment. For Microsoft, that creates an opening to sell both computing capacity and the wider ecosystem needed to make AI usable at scale.

Partnerships with local players will be central to execution. Microsoft said it would work with firms including SoftBank and Sakura Internet to expand domestic AI computing capacity and provide more secure local access to Azure services. That matters in Japan, where demand from public institutions and regulated industries often hinges on where data is processed and how operational control is shared. Collaboration with established domestic groups may also help Microsoft navigate competitive pressure from rival cloud providers and home-grown digital infrastructure ambitions.

GitHub has been drawn into another cyber threat case after researchers uncovered a multi-stage malware campaign using malicious Windows shortcut files to target users in South Korea, with the code-hosting platform serving as a covert command channel in the infection chain. The operation relied on booby-trapped. LNK files, embedded decoding routines and PowerShell to pull down follow-on payloads, maintain persistence and move stolen data through attacker-controlled infrastructure […]

Arabian Post Staff -Dubai Majid Al Futtaim has launched Ma’an, a new initiative with Dubai SME that opens parts of its retail, leisure and digital network to homegrown businesses across the UAE, giving selected small enterprises free access to high-footfall venues including Mall of the Emirates, THAT Concept Store, VOX Cinemas, Carrefour and the group’s SHARE loyalty ecosystem. The programme was announced on 1-2 April and positions […]

Masdar and TotalEnergies have signed a binding agreement to combine their onshore renewable energy portfolios across nine Asian markets into a 50:50 joint venture valued at $2.2 billion, marking one of the more significant cross-border clean energy tie-ups involving Gulf and European players this year. The new platform, to be headquartered in Abu Dhabi, is set to become the exclusive vehicle through which the two companies develop, […]

Uganda’s Parliament has stepped up pressure on the government over a health cooperation deal with the United States that includes provisions for sharing pathogen specimens and certain health-related data, opening a wider argument about privacy, sovereignty and whether ministers gave lawmakers enough visibility before signing. The agreement sits inside a five-year Uganda–US health framework worth nearly $2.3 billion, signed on December 10, 2025, under which Washington is […]

KKR is preparing to take Taiyo Holdings private in a deal that values the Japanese electronics materials and pharmaceuticals group at about ¥528.56 billion, marking one of the bigger private equity transactions in Japan this year and signalling renewed appetite for take-private deals built around manufacturing, healthcare and semiconductor-linked supply chains. Taiyo’s board has backed the move, while major shareholders including DIC, Kowa and Oasis Management have agreed to participate in the transaction or related steps, giving KKR support tied to roughly 42.2% of the company’s outstanding shares.

The proposed tender offer price is ¥4,750 a share. That figure carries an unusual wrinkle: Reuters reported it stood 4.7% below Taiyo’s last closing price, reflecting how market speculation had already lifted the stock, while the joint company release framed the offer as carrying a steep premium to unaffected average prices before the bidding process became public and before activist-related filings stirred the shares. The contrast underlines how Japan’s take-private deals are increasingly playing out in markets already primed by rumour, activism and expectations of strategic change.

Taiyo is not a household consumer name, but it sits in businesses that have become more visible to global investors. The group is a leading producer of solder resist and other materials used in printed circuit boards and semiconductor packaging substrates, while also operating a medical and pharmaceutical arm that makes prescription drugs and provides contract development and manufacturing services. In its own long-term planning, Taiyo has pointed to growth opportunities from generative AI, data centres and communications infrastructure on the electronics side, alongside structural reform and expansion in contract manufacturing for pharmaceuticals.

That mix helps explain why KKR sees room for a private-market strategy. Taiyo said privatisation would allow it to pursue long-term investments and quicker decision-making with less pressure from the public market. The company’s “Beyond Imagination 2030” plan targets a rise in net sales to ¥180 billion by fiscal 2031 from ¥119 billion in fiscal 2025, while operating income is targeted to more than double to ¥47 billion from ¥22 billion. Management has also been trying to improve capital efficiency after sustained dialogue with shareholders, including a focus on profitability in the medical and pharmaceuticals unit and a review of portfolio positioning across the group.

For KKR, the Taiyo bid fits a broader pattern in Japan. The firm said it has been investing in the country for two decades and manages more than $20 billion there. Its existing investments span semiconductor equipment, pharmaceuticals, information technology and logistics, sectors where global funds have been seeking companies with specialised technology, export potential or scope for operational overhaul. Taiyo gives KKR exposure to electronics materials tied to advanced manufacturing as well as a pharmaceuticals platform that could benefit from demand for contract manufacturing and stable domestic drug supply.

The shareholder line-up behind the offer is also notable. DIC, Taiyo’s largest shareholder, and Kowa, which is affiliated with the founding family, have agreed to sell through a share consolidation and buyback process after the tender offer is completed. The founding family plans to reinvest in the KKR-managed vehicle that will own Taiyo after privatisation. Oasis Management, long known for active positions in Japan, has separately agreed to tender shares representing about 15.62% of the company. That combination reduces execution risk and suggests the deal has been designed to balance continuity with outside capital and governance pressure.

Still, the transaction comes with questions that investors and analysts will watch closely. A take-private at a headline valuation above ¥500 billion will invite scrutiny over whether minority holders are being offered enough upside after the stock’s sharp re-rating. The tender offer has yet to begin formally and remains subject to customary conditions, including regulatory approvals. Any delays or shifts in market conditions could test sentiment, especially at a time when deal financing and foreign buyouts in Japan are being judged against a higher bar on governance, transparency and shareholder treatment.

Taiyo’s business profile gives the story wider significance than a conventional chemicals buyout. Its electronics arm remains the core earnings driver, but the medical and pharmaceuticals business has been gaining attention as order volumes rise in contract manufacturing and as the group tries to lift margins. Taiyo’s own targets show electronics sales climbing to ¥128 billion by fiscal 2031 and medical and pharmaceuticals sales to ¥43 billion, with the latter expected to deliver a marked improvement in profitability. That combination of steady industrial demand and a healthcare growth angle is the sort of hybrid case private equity firms have been seeking across Japan’s listed mid-cap sector.

HONG KONG SAR – Media OutReach Newswire – 1 April 2026 -Tim Ho Wan, the dim sum brand hailing from Hong Kong under the Jollibee Group, continues to be recognized in the Michelin Guide Hong Kong & Macau, with its Sham Shui Po store receiving the Bib Gourmand distinction in the 2026 edition. The Bib Gourmand distinction is awarded to restaurants that offer high-quality food at excellent value for money, reinforcing Tim Ho Wan’s long-standing positioning.

Carrying forward a legacy of excellence. Tim Ho Wan’s culinary team upholds the brand’s signature Cantonese craftsmanship, sustaining the consistency and quality behind its 17 consecutive years of Michelin recognition— its most recent earned under the Jollibee Group.
Carrying forward a legacy of excellence. Tim Ho Wan’s culinary team upholds the brand’s signature Cantonese craftsmanship, sustaining the consistency and quality behind its 17 consecutive years of Michelin recognition— its most recent earned under the Jollibee Group.

The recognition marks the 17th consecutive year the same store has been included in the Michelin Guide—a milestone achieved during Tim Ho Wan’s first full year under the Jollibee Group following its acquisition in January 2025. Over the past year, the brand has focused on strengthening systems, chef training, and food quality, reinforcing the consistency that has long defined Tim Ho Wan in its home market.

“Tim Ho Wan’s recognition in the Michelin Guide is a reflection of the care and discipline behind the brand,” said Ernesto Tanmantiong, Jollibee Group Global President and CEO. “At the Jollibee Group, we are committed to growing brands like this in a way that stays true to their roots while allowing more people around the world to experience what makes them special.”

Founded in Hong Kong in 2009 by chefs Mak Kwai Pui and Leung Fai Keung, Tim Ho Wan quickly rose to prominence after earning a Michelin star within its first year. Its Sham Shui Po branch, opened in 2010, has since remained a consistent presence in the Michelin Guide, underscoring the brand’s enduring culinary standards.

Scaling a Heritage Brand Through Operational Discipline

Under the Jollibee Group, Tim Ho Wan has strengthened its operating model to support consistent execution and long-term growth across markets.

Ongoing investments in kitchen systems, chef training, menu development, and store operations have enhanced consistency across locations while preserving the craftsmanship rooted in its Hong Kong origins. The continued recognition in Hong Kong reinforces the market’s role as the brand’s culinary and operational benchmark.

“These capabilities allow us to stay true to what makes Tim Ho Wan special, while ensuring we can deliver that same experience consistently as we grow,” said Sheng Lee, Chief Executive Officer of Tim Ho Wan.

“This recognition reflects the discipline of our teams in delivering consistent quality day in and day out. We remain focused on elevating our craft through rigorous training, responsible sourcing, and thoughtful service so that high-quality meals remain welcoming to guests around the world,” Lee added.

A Distinct Concept for Global Expansion

Tim Ho Wan’s combination of quality and value positions it as a distinctive concept in the global restaurant landscape.

Supported by strengthened systems and operating discipline, the brand offers a compelling platform for growth across international markets—anchored on consistency in its home market and enabled by replicable operating standards.

A Global Brand Rooted in Hong Kong

From a 20-seat dim sum shop in Hong Kong to a globally recognized brand, Tim Ho Wan continues to demonstrate how culinary heritage and operational discipline can come together to create a strong and scalable business.

The latest Bib Gourmand recognition reinforces Tim Ho Wan’s position as a globally relevant dim sum brand—rooted in Hong Kong and supported by the Jollibee Group’s platform for sustained and disciplined growth.

Disciplined Growth Backed by the Jollibee Group

The continued recognition also reflects the Jollibee Group’s approach to scaling heritage brands through operational excellence and long-term stewardship.

“Tim Ho Wan’s sustained recognition reflects the strength of its heritage and the discipline behind its execution,” said Richard Shin, CEO of JFC International and Global Chief Financial and Risk Officer of the Jollibee Group. “At the Jollibee Group, we focus on strengthening the systems and platforms that allow brands like Tim Ho Wan to grow while preserving the authenticity and craftsmanship that made them successful.”

System-wide sales (SWS) expanded significantly from Php1.3 billion in 2024 to Php8.1 billion in 2025, highlighting the brand’s accelerating scale and growing contribution to the Group’s global operations.

In its home market, Tim Ho Wan has strengthened its core Hong Kong footprint, doubling its store network to 10 locations within approximately one year. Recent store openings have delivered attractive payback periods (circa 1.5 years) and profitability, reinforcing confidence in the brand’s unit economics and disciplined growth approach.

Growth has been broad-based across both company-operated and franchise markets. Sales performance strengthened across markets such as Hong Kong, Singapore, and China, while franchise markets, including the Philippines, Vietnam, and Japan, continue to build momentum, further validating the brand’s strong international resonance and scalability.

The brand also reached an important milestone in its global expansion with the opening of its first company-operated North America store in Irvine, California, marking a significant step in establishing a direct presence in one of the world’s largest consumer markets. This re-entry into North America reflects the transportability of the brand’s operating model and positions Tim How Wan for a new phase of long-term growth and further global brand development.

Hashtag: #JollibeeGroup

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

About Jollibee Group

Jollibee Foods Corporation (PSE: JFC) (the “Company”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio that includes 19 brands (the “Jollibee Group”) with over 10,000 stores and cafés across 33 countries.

The Jollibee Group’s portfolio includes nine (9) wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five (5) franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and in Botrista, a leader in beverage technology.

The Jollibee Group’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

The Company has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a four-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.

To learn more about Jollibee Group, visit

Arabian Post Staff -Dubai Serhii Zakharov, founder and chief executive of PayDo, has been honoured at FinTech Week Dubai 2026 with the Excellence in Financial Leadership Award in the Digital Payments Innovation category, adding a personal accolade to a year in which the London-based payments firm has been expanding its regulatory footprint and product stack. Event-linked coverage and company-linked posts place the award at FinTech Week Dubai, […]

Arabian Post Staff -Dubai Nothing is developing artificial intelligence-enabled smart glasses for a planned launch in the first half of 2027, marking a potentially significant expansion beyond smartphones and audio devices as chief executive Carl Pei leans more openly into AI-led hardware. The move, first reported by Bloomberg on March 31, would place the London-based company into a fast-forming contest over wearables that many technology groups increasingly […]

Security teams are scrambling after two malicious releases of the Telnyx Python SDK were uploaded to PyPI on March 27, turning a widely used developer tool into a credential-stealing backdoor that could execute as soon as the library was imported. The compromised versions, 4.87.1 and 4.87.2, were published at 03:51 UTC and quarantined by 10:13 UTC, leaving a window of a little over six hours in which […]

Arabian Post Staff -Dubai Emirates NBD has closed $2.25 billion in five-year financing, completing one of the Gulf’s largest syndicated borrowings at a time when war-linked market turbulence has unsettled regional assets, shipping routes and funding sentiment. The package combines a $1.75 billion sustainability-linked syndicated term loan and a $500 million Club Commodity Murabaha term facility arranged through Emirates Islamic. The scale of demand appears to be […]

Apple has added a new safeguard in macOS Tahoe 26.4 that warns users before potentially dangerous text is pasted into Terminal, a move aimed at disrupting ClickFix-style scams that trick people into infecting their own devices. The feature appears in the latest macOS release even though Apple’s public feature summary for version 26.4 does not spell it out directly, while the company’s broader security pages confirm 26.4 […]

Federal prosecutors have charged a Maryland man with carrying out two 2021 attacks on Uranium Finance that drained more than $53 million from the decentralised crypto exchange, a case that is drawing fresh attention to long-running weaknesses in decentralised finance and to the growing ability of authorities to follow money through blockchain networks. The accused, Jonathan Spalletta, 36, of Rockville, Maryland, surrendered on March 30 after an […]

SHENZHEN, CHINA – Media OutReach Newswire – 31 March 2026 – On March 31, 2026, Linklogis Inc. (09959.HK, “Linklogis”) released its 2025 annual results. During the year, the total revenue and income amounted to RMB983 million. Revenue and income in the second half of the year increased significantly by 62% compared with the first half of the year, reaching RMB608 million. In 2025, the total volume of supply chain assets processed by its technology solutions reached RMB508.1 billion, representing a 27% year-on-year increase, while the number of anchor enterprises served increased to 3,145. As of the end of 2025, Linklogis had cumulatively served more than 430,000 SMEs with efficient and convenient digital inclusive fintech services. The company maintained a solid financial position, with cash reserves reaching RMB4.9 billion, while liquidity remained ample.

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

Focusing on Core Business, Accelerating Business Structure Optimization

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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