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The Summit was honored to have Miss Yvonne Ip, Acting Commissioner for Cultural and Creative Industries, as the Guest of Honour. In her address, Miss Ip highlighted the power of design to drive business growth and emphasized that the Hong Kong Design Summit, now in its third year, has become a key platform for industry exchange and collaboration, bringing design talent and enterprises together through flagship initiatives like DesignMatch, to turn creative ideas into commercial results. The Hong Kong Designers Association has been a pioneering force in the local design ecosystem for half a century, and CCIDA is proud to partner with HKDA to nurture design professionals, accelerate industrialization, and help local enterprises expand into international markets — advancing Hong Kong’s creative economy together.

Chairman’s Welcome: Driving Real Impact Through Strategic Focus

Opening the evening gala, Ms. Mui Kinoshita, Chairman of HKDA, delivered a heartfelt welcoming address reflecting on the Association’s post-pandemic transformation and strategic vision.

Reflecting on the Association’s post-pandemic vision, Ms. Kinoshita highlighted HKDA’s core strategy—”Two Awards, One Summit, One Platform“—designed to deliver tangible benefits by recognising individual design excellence, honoring corporate design investment, and driving commercial partnerships through DesignMatch. She celebrated HKDA’s expansion from 900 to over 1,300 members, calling it a testament to industry trust. Honoring the Association’s 50-year legacy, she paid tribute to founding pioneers whose dedication laid the foundation for Hong Kong’s creative sector. She concluded with a passionate call for open dialogue and unified collaboration to build a stronger, more caring design industry for the next generation.

Star-Studded Gathering of Design Icons and Industry Leaders

The Gala Dinner was anchored by an extraordinary gathering of creative heavyweights, founding pioneers, and distinguished guests across the design, creative sectors, and corporate leaders. Joining Guest of Honour Miss Yvonne Ip and Officiating Guests, including Dr. Kan Tai-Keung, SBS, BBS, Former Chairman of HKDA (Tenure: 1986, 1987, 1988), ⁠Mr. Steve Leung, BBS, Chairman of Hong Kong Design Centre, ⁠Mr. Alan Cheung, MH, Chairman of Hong Kong Design Council, Federation of Hong Kong Industries, ⁠Mr. Kevin Yeung, Chairman of Hong Kong Fashion Designers Association, were celebrated global design icons and industry leaders who attended in strong support of the Summit, including Ms. Vivienne Tam, Designer and Founder, Vivienne Tam Fashion House, Mr. Tino Kwan, Founder and Principal Consultant of the Tino Kwan Lighting Consultants Limited, and Mr. Gu Wei, Head of AIGC Design Business, Alibaba International Digital Commerce Group. The evening was further graced by prominent design masters, industry executives, and organisational representatives. Their presence, alongside premier corporate partners and judging leaders, underscored the unified strength and collective vision of Hong Kong’s creative community.

The annual event unfolds in two key segments: the Hong Kong Design Summit, featuring the Kick-off Ceremony, DesignMatch business matching, and a landmark MOU signing; followed by the BDA Brand Award 2026 Presentation Ceremony.

Hong Kong Design Summit 2026

The opening segment convenes industry leaders and creative professionals to foster commercial growth and educational innovation:

1. DesignMatch Business Matching Sessions: An exclusive, high-impact B2B networking initiative designed to bridge corporations and design professionals, driving immediate business opportunities and accelerating the translation of creative capital into commercial success.

2. Award-Winning Brands Showcase: A curated, high-visibility showcase where outstanding design firms and corporate awardees demonstrate successful project outcomes and share strategic market insights.

3. Strategic Tripartite MOU Signing: A milestone collaboration between School of Design, The Hong Kong Polytechnic University, Alibaba International Design, and Hong Kong Designers Association. The parties intend to explore opportunities for collaborative initiatives in design and AI-related education in the creative industry, as well as strategic collaboration for industry development across Hong Kong and the Greater Bay Area (GBA). Key potential areas of collaboration include:
A) Joint development and delivery of academic and professional training courses (with AI courses as the initial program collaboration);
B) Industry–academia partnerships to foster design-tech innovation and applied research;
C) Co-organisation of training courses, flagship events, forums, and summits to promote design excellence and cross-sector collaboration.

BDA Brand Award 2026 Presentation Ceremony

The second part of the event highlights design leadership and commercial results through an elite evening program, the BDA Brand Award 2026 Presentation Ceremony. An elite gathering celebrating outstanding brand design applications and recognizing excellence across diverse industries. This year’s competition attracted 150 brand entries from diverse industries, further solidifying BDA’s authoritative position as one of Hong Kong’s top brand awards. The BDA Brand Award invites nominations from professional designers or organizations, with submissions evaluated by a panel of experts based on three aspects: brand story, development, and achievements. Additionally, five assessment criteria are considered: 1) Environmental & Social Impact, 2) Cultural Impact, 3) Innovation & Technology, 4) Brand Image, Identity & User Experience and 5) Market Performance & Value.

The awards celebrated winners across multiple categories, including 1) Best Branding Image Award, 2) Best Cultural & Heritage Award, 3) Best ESG Award, 4) Best Innovation & Technology Award, 5) Best Media & Communication Award, as well as Best Award, Grand Award, and the prestigious Best of the Best Award.

A professional jury panel comprised of esteemed first-round judges—Prof Anthony Kong (Assistant Professor, School of Design, The Hong Kong Polytechnic University), Mr. Kirin Leung (Founder, Kirin+lab), Mr. Joe Wong (Founder, Joe Wong Design), Mr. Kenny Li (Founder, FM+ Concepts & FAVEbyKennyLi), and Mr. Jay Leung (Founder, Starz Group) as well as final-round judges—Ms. Mui Kinoshita (Chairman, HKDA), Prof. Viveca Chan (Founder and Chairman, WE Marketing Group), Ms. Hilda Chan (Chief Marketing Officer, HKSTP), Mr. Bosco Leung (Social Responsibility Lead, MTR Corporation Limited), and Mr. Jimmy Li (Head of Brand Partnership, Harvey Nichols Hong Kong). The judges meticulously assessed submissions through a rigorous process, including an initial online evaluation and live presentations.

From a pool of 150 exceptional brand entries, the jury evaluated each brand’s overall excellence, market impact, and alignment with the selection criteria in their respective fields. It is with great pleasure that we announce Sino Group「GoCircular」as the winner of the Best of the Best Award and fwah! as the winner of the Best of the Best Award (Startups). These brands have demonstrated unparalleled excellence, and their selection as winners is a testament to their outstanding achievements.

Additionally, 14 outstanding brands have been recognized with the Grand Award, including (in alphabetical order)

The full winner list of BDA Brand Award 2026 is listed on Appendix A.

Fostering Strategic Synergies and Future Growth

The 2026 Summit reinforces HKDA’s commitment to elevating design as a core commercial driver while empowering the next generation of designers through AI-driven education and regional integration. Through structured business matching, strategic academia-industry partnerships, and award recognition, the event continues to solidify Hong Kong’s position as a premier global hub for commercial design innovation.

For more details on the event and program updates, please visit the official website at https://www.hkda.hk/

Appendix A – BDA Brand Award 2026 Winners (*in Alphabetical order)

Corporate – Best of the Best

Corporate – Grand Award of the Year

Corporate – Best Award

Corporate – Best Innovation & Technology Award

Corporate – Best ESG Award

Corporate – Best Media & Communication Award

Corporate – Best Cultural & Heritage Award

Corporate – Best Branding Image Award

Startups – Best of the Best

Startups – Grand Award of the Year

Startups – Best Award

Startups – Best Innovation & Technology Award

Startups – Best ESG Award

Startups – Best Cultural & Heritage Award

Startups – Best Branding Image Award

Hashtag: #HKDA #BDABrandAward #BDA品牌大獎

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About Hong Kong Designers Association (HKDA)

Established in 1972, the Hong Kong Designers Association (HKDA) was the first of its kind in Hong Kong and is a founding member of the Hong Kong Design Centre. Its core mission is to promote design’s public interest, cultivate young designers, and elevate the professional status of practising designers across sectors.

HKDA’s flagship programmes include the Global Design Award (GDA) (formerly known as Asia Design Awards), which has been celebrating outstanding global designs biennially since 1975; the Hong Kong International Poster Triennial (HKIPT), which has been documented the development of local and international poster design through competition, exhibition and symposium since 2000; the Sponsorship for International Design Awards (SIDA), a distinguished funding scheme for local designers and design-applying enterprises who are winners of international design awards, which has been running since 2011; Design X Technology (DXT), a progressive programme that integrates design and technology as core components in business strategy to drive innovation and competitive advantage since 2020; and BDA Brand Award (BDA) (formerly known as BDA Brand Design Awards), this award evaluates outstanding brand performance through a professional design lens, honoring long-term strategic commitment to design excellence, and was debuted in 2023, also other strategic initiatives including the Hong Kong Design Summit and the DesignMatch business matching programme connect design professionals directly with market demand across government, commercial, and industrial sectors.

With over 1,300 individuals and corporations in its diverse membership base, HKDA offers a wide range of membership options for professionals, associates, affiliates, students, and corporations that cover six design disciplines: Graphics, Spatial, Product, Digital, Fashion, and Education. Prioritising design excellence, education, technology integration, sustainability, business support, diversity, and inclusivity, HKDA has established itself as a vital platform for its members, as well as designers, businesses, and organisations throughout the Asia-Pacific region. Through its commitment to advancing these key areas, HKDA provides valuable resources, networking opportunities, and expert guidance to its members while also serving as a hub for innovation and collaboration in the design industry.

HKDA is committed to raising public awareness of the value and importance of design in society. It partners and collaborates with other design organisations and institutions worldwide, such as the World Design Organization (WDO) and International Council of Design (ico-D), to promote global design excellence, cultural diversity, and international design exchanges. By working with other design organisations on a global scale, HKDA aims to contribute to the development and advancement of the design industry, both locally and internationally.

Autonomous AI Attack-and-Defence Demonstrates Next-Generation Cybersecurity Talent and Advance Regional Digital Security Talent Development

HONG KONG SAR – Media OutReach Newswire – 23 August 2026 – The AI x Cybersecurity Challenge, jointly organised by the Digital Policy Office of the Hong Kong Special Administrative Region Government, the Chinese Academy of Cyberspace Studies, the Hong Kong Cybersecurity Professional Association, and China Mobile Hong Kong Company Limited, and co-organised by Hong Kong Cyberport Management Company Limited, the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, the Hong Kong Productivity Council, Venustech Group Inc., and Hong Kong Cloud Peak Technology Co., Limited, held the Finals today.

Following a 12-hour online qualifying round, a total of 40 teams advanced to the Final Competition, including 20 teams from the Chinese Mainland, 18 from Hong Kong, and two from overseas regions. The Challenge adopts an innovative AI-Driven Dual (AID) competition format, in which artificial intelligence (AI) executes the competition and enables autonomous defence by AI agents. Teams of up to three members showcase their capabilities in leveraging AI technologies for automated vulnerability discovery and exploitation, competing for total prize money of HK$180,000.

The event brings together representatives from Government, industry, academia and research organisations to witness the latest developments in AI-powered cybersecurity innovation. Officiating guests at the Opening Ceremony included Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry, Mr LI Shuguang, Director-General of the General Office of the Liaison Office of the Central People’s Government in the HKSAR, Mr WANG Jiang, Director-General of the Chinese Academy of Cyberspace Studies, Mr Daniel CHEUNG, JP, Acting Commissioner for Digital Policy, Mr WANG Minwei, Deputy Director of the Cyberspace Administration of Guangdong Province, Dr Rocky CHENG, JP, President of the Hong Kong Cybersecurity Professional Association, and Ms SHI Xiaoping, Director and Chief Executive Officer of China Mobile Hong Kong Company Limited.

In his opening remarks, the Secretary for Innovation, Technology and Industry, Professor Sun Dong, said that AI is reshaping every aspect of people’s life at a breathtaking speed. He noted that although innovation may at times bring new threats, these same technologies can also spur defensive capabilities. As such, the Government champions an “AI versus AI” strategy, leveraging AI to forge the strongest shields to effectively manage risks associated with the use of AI.

Professor Sun added that the Government is continuously strengthening related policies, guidelines and ethical frameworks, as well as conducting regular cyber-attack-and-defence drills to better prepare for cybersecurity readiness. Through multi-pronged efforts, the Government hopes to guide society to apply AI responsibly, foster a healthy ecosystem, and strengthen city-wide resilience in face of cyber attacks.

Addressing AI-Era Cybersecurity Challenges Through Talent Development

The rapid advancement of AI is reshaping the global cybersecurity landscape. AI has evolved from a supporting tool for security analysis and threat monitoring into a technology capable of autonomously constructing attack chains and bypassing existing defence mechanisms. This has significantly lowered the technical barriers to cyberattacks, making sophisticated attack techniques more automated and accessible. Threat actors can leverage AI for intelligent vulnerability discovery, automated penetration testing, and even the creation of highly convincing deepfake content, enabling stealthier and more persistent cyberattacks.

As emerging threats such as model security risks, data poisoning, model theft, phishing attacks, supply chain vulnerabilities and automated exploitation continue to evolve, the demand for interdisciplinary talent with expertise in both AI and cybersecurity is becoming increasingly urgent. In response, the organisers aim to promote the practical application of AI technologies through this hands-on competition while cultivating a new generation of cybersecurity professionals equipped with cross-disciplinary expertise.

AI-Driven Attack-and-Defence Competition Platform

Unlike traditional Capture the Flag (CTF) competitions, this year’s Challenge adopts an innovative AI-Driven (AID) competition format. Participating teams leverage AI-powered automated systems to analyse the competition environment provided by the organisers, identify vulnerabilities and exploit them. The automated capabilities of the AI agents include information gathering, vulnerability discovery and flag submission. The competition environment incorporates both vulnerabilities found in real-world scenarios and simulated zero-day vulnerabilities that may exist in software systems.

The challenge design draws on concepts from international cybersecurity competitions and incorporates practical operating scenarios as well as simulated zero-day attack-and-defence environments, testing participants’ ability to apply AI technologies to real-world cybersecurity challenges. The Challenge aims to enhance participants’ practical attack-and-defence experience and innovation capabilities, promote the research and application of AI security technologies, and nurture a new generation of cybersecurity talent equipped with both strategic vision and practical expertise. Through these efforts, the competition seeks to strengthen capabilities in addressing AI-driven cyber threats.

Government, Industry, Academia and Research Communities Join Forces to Advance AI Security

This year’s Challenge brings together stakeholders from government, industry and research institutions to drive innovation in AI security technologies, strengthen cybersecurity capabilities and cultivate future talent.

Mr Wang Jiang, Director-General of the Chinese Academy of Cyberspace Studies, said, “AI technologies are reshaping the global cyber attack-and-defence landscape. While they lower the barriers to cyberattacks, they also drive the evolution of security protection from reactive response to proactive and intelligent defence. In this technological contest, using technology to counter technology has become an inevitable trend. By focusing on practical AI attack-and-defence capabilities, this competition aims to identify emerging talent and contribute to building a more trustworthy and intelligent cyberspace.”

Ms Shi Xiaoping, Director and Chief Executive Officer of China Mobile Hong Kong Company Limited, said, “As one of the organisers of this competition, China Mobile Hong Kong has devoted substantial resources to building an innovative AI attack-and-defence competition platform. Through continuous technology investment and ecosystem development, we actively fulfil our corporate social responsibility while showcasing Hong Kong’s innovation and leadership in AI cybersecurity to the world.”

Dr Rocky CHENG, JP, President of the Hong Kong Cybersecurity Professional Association, concluded, “AI-driven cyberattacks and agentic AI-related risks have emerged as some of the most significant cybersecurity threats today. Against this backdrop, cultivating interdisciplinary talent with expertise in AI system design, development and practical attack-and-defence capabilities has become an important pillar in strengthening Hong Kong’s overall cyber resilience.”

The Awards Presentation Ceremony will be held in late September 2026 during the China Cybersecurity Week to recognise teams that have demonstrated outstanding performance in the competition. The organisers encourage enterprises and organisations to continuously strengthen their cybersecurity governance, regularly review information system risks, enhance data protection measures and improve cyber incident response capabilities. Young talents are also encouraged to pursue opportunities in artificial intelligence and cybersecurity, developing their expertise through training, professional certifications and hands-on competitions. Members of the public and organisations may also make use of the cybersecurity information, training programmes and support services provided by the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) and other relevant organisations, helping to foster a safer, more secure and trustworthy digital ecosystem.

Please download the high-res photos HERE.

Photo Captions:

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About Hong Kong Computer Emergency Response Team Coordination Centre

Managed by the Hong Kong Productivity Council (HKPC), Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) is the centre for coordination of computer security incident response for local enterprises and Internet Users. Its missions are to facilitate information disseminating, provide advices on preventive measures against security threats and to promote information security awareness.

HKCERT collaborates with local bodies to collect and disseminate information, and coordinate response actions. HKCERT is also a member of the Forum of Incident Response and Security Teams (FIRST) and the Asia Pacific Computer Emergency Response Team (APCERT). We exchange information with other CERTs and act as a point of contact on cross-border security incidents.

About the Hong Kong Productivity Council

The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.

HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.

To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.

HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical , assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.

For more information, please visit HKPC’s website: www.hkpc.org/en.

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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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)

For more information, visit www.isca.org.sg.

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:

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.

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

https://www.allianz-trade.com/en_HK.html
https://www.linkedin.com/company/allianz-trade-apac/

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 allianz-trade.com.

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

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

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

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

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

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

The four themed zones include:

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

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

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

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

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

Hashtag: #DELF #Cyberport

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

About Hong Kong Cyberport

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

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

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

For more information, please visit https://www.cyberport.hk/en.

Organized by Enterprise Asia, the ceremony was held on 7 August 2026 at Jing An Shangri-La, Shanghai. This year’s recipients exemplified how strategic vision, innovation, and a commitment to positive impact can create lasting value for businesses, communities, and the wider economy.

Following a comprehensive evaluation by a distinguished panel of judges, over 150 nominees were assessed across ten AREA categories and five APEA categories. The AREA celebrated enterprises and leaders who have made significant contributions through responsible business practices and sustainability-driven initiatives. Meanwhile, the APEA recognized organizations and entrepreneurs who have demonstrated exceptional performance, strategic agility, and forward-thinking leadership in shaping the future of business.

In his welcome address, Enterprise Asia President Richard Tsang highlighted the need for enterprises to embrace transformation and responsible growth, noting that resilience, strategic foresight, and purpose-driven leadership remain key to achieving long-term success in an increasingly dynamic global landscape.

Among the outstanding AREA award recipients, Chery Automobile Co., Ltd. was recognized under the Green Leadership category for its Trusted Circular Materials system. By developing advanced recycling networks, digital traceability, and high-value recycled plastics, Chery has recovered over 10,000 tonnes of waste plastics, reduced approximately 9,000 tonnes of CO₂e emissions, and advanced sustainable automotive manufacturing.

Further advancing circular economy practices, SUS ENVIRONMENT won the Circular Economy Leadership award for its City-Benefiting Low-Carbon Solid Waste Management Model, demonstrated through the Xi’an Gaoling Project. By integrating waste-to-energy, district heating, AI-powered operations, and multi-source waste co-processing, the project has processed 5.34 million tonnes of waste, generated 2.24 billion kWh of green electricity, and achieved over 1.92 million tonnes of carbon reductions.

China Hongqiao Group Limited, a three-time consecutive AREA award recipient, has once again received the award under the Circular Economy Leadership category for advancing circular economy development through recycled aluminum. Its closed-loop circular economy model enables recycled aluminum to save approximately 95% of energy and reduce carbon emissions by over 85% compared with traditional electrolytic aluminum.

Honored with the AREA under the Corporate Governance category, E.SUN Bank (China) has embedded transparency and accountability throughout its operations. The bank implemented comprehensive Board meeting records three years ahead of regulatory requirements while strengthening stakeholder disclosure, maintaining a Moody’s Baa1 rating since 2022 and customer satisfaction above 97%.

Demonstrating the power of industry-wide collaboration, The Hong Kong Association of Banks received the AREA under the Social Empowerment category for its Anti-Fraud Education initiative. The initiative reached more than 11,000 people in 2025 and has contributed to strengthen its community outreach, with over 300 activities conducted across Hong Kong to date. According to figures released by the Hong Kong SAR Government, reported deception cases decreased by 2.9% in 2025 compared with 2024, marking the first decline after nine consecutive years of growth.

Bank of China (Hong Kong) Limited was honored with three prestigious awards at the AREA — the Social Empowerment Award, Investment in People Award and Corporate Sustainability Reporting Award, recognizing its exceptional and impactful sustainability practices. The Bank exemplifies a strong commitment to corporate social responsibility through a diverse range of initiatives that promote social inclusion, nurture talent development, and continuously enhance ESG disclosure. These accomplishments highlight its leadership in advancing responsible business practices and establish a new benchmark for excellence within the financial sector.

Techtronic Industries (TTI), a world leader in cordless technology, was awarded two AREA accolades, receiving recognition under the Circular Economy Leadership and Social Empowerment categories. Through its award-winning initiatives, “Advancing Circularity Through Sustainable Product Innovation” and “Empowering Exceptional People and Strengthening Communities” , TTI is creating lasting social impact while accelerating the transition towards a more circular and sustainable future.

As the sole recipient of both the APEA and AREA in 2026, OrbusNeich Medical Group Holdings Limited was recognized under the Corporate Excellence and Health Promotion categories respectively. Operating in more than 70 countries and regions, the Group continues to drive innovation in interventional medical devices while advancing regional clinical capabilities through its cross-border medical education initiative, ultimately improving patient outcomes across Asia-Pacific.

In the APEA segment, Onewo Inc. was honoured under the Corporate Excellence category for redefining space services through technology-driven innovation. Powered by its proprietary “Link X” AI platform, the company manages over 5,300 residential and 3,400 property and facility management projects nationwide,driving the space service industry toward a smarter and more sustainable future.

The AREA and APEA 2025 China Chapter are co-organized by Enterprise Accelerator Co., Ltd. and proudly supported by Eruid (Shanghai) Inspection & Certification Co., Ltd., MayCham China in Shanghai, SingCham Shanghai, Strategic Public Relations Group (SPRG), The Hong Kong Institute of Directors, and Tang Cultural Media. PR Newswire is the official news release distribution partner, with Dailywire.asia as the official media partner and Osin Au Pty Ltd as the official beverage sponsor.

About Asia Responsible Enterprise Awards (AREA)
The Asia Responsible Enterprise Awards program recognizes and honors Asian businesses for championing sustainable and responsible entrepreneurship in the categories of Green Leadership, Investment in People, Health Promotion, Social Empowerment, Corporate Governance, Circular Economy Leadership, Corporate Sustainability Reporting, and Responsible Business Leadership. For more information, visit: https://enterpriseasia.org/area/.

About Asia Pacific Enterprise Awards
Launched in 2007, the Asia Pacific Enterprise Awards is the region’s most prestigious award for outstanding entrepreneurship, continuous innovation, and sustainable leadership. The Award provides a platform for companies and governments to recognize entrepreneurial excellence, hence spurring greater innovation, fair business practices, and growth in entrepreneurship. As a regional award, it groups leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation-only networking powerhouse. The program has grown to encompass 16 countries/ regions and markets all over Asia. For further information, please visit www.apea.asia.
Hashtag: #Business #Sustainability #ESG

https://www.enterpriseasia.org
https://www.linkedin.com/company/569303/
https://www.facebook.com/enterpriseasiaofficial/
Wechat: Enterprise Asia 亚洲企业商会
https://www.instagram.com/enterpriseasia/

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

About Enterprise Asia

Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs and other organizations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generation. Please visit https://www.enterpriseasia.org/ for more information.

New executive experience center helps business and technology leaders explore secure, connected AI workflows built around real business priorities.

SINGAPORE – Media OutReach Newswire – 19 August 2026 – tridorian today announced the launch of its Gemini Enterprise Experience Center in Singapore, a new physical space designed to help enterprise leaders explore how AI can support measurable business outcomes across functions such as operations, customer service, sales, finance, and internal knowledge work.

Located in tridorian’s Singapore office, the Gemini Enterprise Experience Center is intended to move the conversation beyond one-off AI experiments and feature-led demos. Instead, the center is designed around the practical questions that many organizations are now asking: which business problems should we solve first, how can AI fit securely into our existing systems and data, and what would an enterprise-ready path from idea to implementation look like.

Powered by Gemini Enterprise, including the Gemini Enterprise App and Gemini Enterprise Agent Platform, the center showcases how enterprises can securely connect business data, support multi-step workflows, and apply governance and oversight as AI use matures across the organization. Google Cloud describes Gemini Enterprise as an end-to-end system that combines secure connectors, workflow automation, governance, and identity controls, while the Agent Platform provides the foundation to build, scale, govern, and optimize enterprise-grade agents grounded in enterprise data.

Visitors to the center are guided through business-outcome narratives tailored to their role and priorities. A customer service leader might explore how AI can help reduce handling time while improving consistency. An operations leader might examine how multi-step workflows can reduce manual overhead. A CIO or risk leader might focus on governance, visibility, data controls, and the appropriate level of human involvement required for a production setting.

The center currently includes a live demo environment, which serves as a working example of how complex orchestration can be presented as a business workflow rather than a standalone chatbot interaction. In Google’s current product language, that shift reflects a broader move from isolated AI tasks towards governed systems that can support complex, multi-step work processes.

Jimmy Jigmo, CEO of tridorian said, “Most AI demos look impressive. Very few connect to the work that actually matters. The Experience Center exists because enterprise leaders don’t need more features. They need clarity on where AI fits, what governance looks like, and how to move from experiment to outcome.”

The center also offers structured workshops that guide teams from mapping business priorities and exploring role-based use cases to planning next steps like a pilot or MVP. This practical format aligns with Google Cloud’s Singapore agenda, focusing on immediate, real-world business results.

“Organizations today are moving beyond the initial excitement of AI and are now seeking solutions that are secure, governed, and fundamentally aligned with their operational realities,” said Giri Babu Madathala, Head of SMB Partnerships, JAPAC, Google Cloud. “Security and governance are no longer optional; they are the foundation upon which effective AI must be built. tridorian’s Gemini Enterprise Experience Center addresses this by providing customers with a sophisticated, hands-on environment to move from high-level experimentation to tangible results. It allows them to experience firsthand exactly how Gemini Enterprise can be integrated into their specific, real-world business workflows to drive meaningful operational efficiency”

For Singapore enterprises, this matters because AI adoption is increasingly judged not by novelty alone but by whether it can support productivity, decision quality, operational efficiency, and governance simultaneously. Singapore’s own responsible AI guidance stresses explainability, transparency, fairness, and appropriate human oversight, while enterprise examples such as DBS show that measurable value comes from disciplined implementation rather than hype.

Evan Febrianto, CTO, tridorian added “This is a place for leadership teams to explore where AI can make a difference in their business, what the right controls look like, and how to move from experimentation to enterprise implementation with greater clarity.”
Hashtag: #tridorian #technology #business #google #AI #cloud

https://tridorian.com/
https://www.linkedin.com/company/tridorian/

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

About tridorian

tridorian is a Google Cloud-focused services and solutions company helping organizations modernize platforms, AI, data, and applications. As a people-centric and an outcome-focused Google Cloud Premier Partner, tridorian specializes in building secure, governed AI systems designed for production. With operations spanning eight countries and customers across 14, tridorian ensures that technology only succeeds when the people using it do.

Reach out at tridorian.com/contact to discuss your business challenges and schedule a visit to tridorian’s Gemini Enterprise Experience Center.

• allnex is the global market and technology leader for Sag Control Agent (SCA) resin, a unique technology enabling excellent appearance of Automotive OEM coatings.
• Today allnex announced to build its first SCA production facility in APAC, the largest global Automotive market.
• This investment will significantly improve regional supply resilience, reduce lead times, and enhance service for our customers based in the APAC region
• And it will support faster adaptation of the next-generation of SCA’s including high-solid, low-bake, and sustainable “green SCA” solutions.

FRANKFURT, GERMANY – Media OutReach Newswire – 18 August 2026 – allnex, a leading global manufacturer and solution provider of coating resins and additives, today announced plans to expand its manufacturing footprint in Asia-Pacific with a strategic investment in Sag Control Agent (SCA) capacity at its Rayong site in Thailand.

Scheduled to begin operations in January 2028, this new SCA capacity investment, signifies allnex’s commitment to support its customers in the world’s fastest-growing automotive coatings markets.

By bringing SCA production into the APAC region, and importantly closer to customers, allnex will strengthen supply reliability, shorten lead times, and provide greater responsiveness to evolving market needs.

SCAs are a unique and cornerstone technology of allnex’s Automotive OEM product portfolio and they define its market leadership position in this application. allnex SCA resins have superior sag control functionality, enabling exceptional appearance in premium high-gloss clearcoats. These specialty resins ensure that coating manufacturers are able to meet the ever increasing demands of car producers for performance, efficiency, and sustainability.

Since allnex invented SCA resins four decades ago, all allnex SCA production was concentrated in its Bergen op Zoom facility in The Netherlands. In the last few years, APAC has become the largest SCA market globally with strong future growth projections driven by increased car production and requirements for better appearance. By making this investment in APAC, allnex will not only provide customers with proximity of supply and greater assurance, it will also ensure to have enough capacity available in time, to meet future growth.

“This strategic capacity investment for a unique technology, is driven by our commitment to our customers and their growth ambitions in Asia-Pacific. By localizing SCA production in Thailand, we are responding directly to customer needs for greater supply security, shorter lead times, and faster access to innovation. The new facility will strengthen our ability and agility to support both global and regional customers in APAC and allows us to meet future market demand.” said Ruben Mannien, Senior Executive Vice President APAC.

The Rayong site was selected following a comprehensive evaluation of multiple locations across the region. The site offers existing infrastructure, strong technical capabilities, and strategic proximity to key automotive manufacturing hubs, including China, India, Korea, and Southeast Asia.

The investment will include dedicated reactors for the production of SCA resins for plastic automotive parts and metal car bodies.

Beyond improving supply resilience, the new facility will support allnex’s latest SCA innovations designed for next-generation clearcoat systems, including high-solid, low-bake, and more sustainable coating technologies. These solutions help customers improve productivity, reduce energy consumption, and differentiate themselves in an increasingly competitive market.

Construction is expected to be completed by the end of 2027, ensuring production readiness ahead of anticipated market growth.

Hashtag: #allnex

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

With 1.93 million tertiary-educated workers in roles below their qualification level, employment alone may no longer be an adequate measure of career progress.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 18 August 2026 – Malaysia’s labour market has remained resilient, with overall unemployment falling to 2.9% in the first quarter of 2026. However, the figures may conceal a deeper challenge faced by qualified workers who may be employed without meaningfully progressing in their careers. During the same period, 1.93 million tertiary-educated workers, or 35.2%, were employed in semi-skilled or low-skilled roles.

This points to a gap between employment and career progression, particularly whether the workers’ qualifications and experience are helping them move into more skilled, complex and higher-values roles.

“We need to shift the conversation from employability to career mobility. Being employed is not the same as progressing,” said Lim Bee Ing, Centre Director of The University of Manchester South East Asia Centre. “For experienced professionals in Malaysia, progression increasingly requires the ability to lead across functions, make strategic decisions and navigate change. Purposeful postgraduate education can help build those capabilities.”

Evidence across Manchester’s MBA programmes also points to rising cross-field mobility rather than individual employment factors like qualification alone. Its latest MBA employment report found that 59% of the 2024 class changed sector, while 27% changed country, industry and job function.

Experience alone does not guarantee progress

For working professionals, career mobility depends on more than time spent in a role. Both workplace experience and postgraduate education can support progression when they help build broader capabilities, prepare professionals for more complex work and lead to greater responsibility.

Experience builds capability when professionals encounter new problems, assume higher responsibilities and make increasingly complex decisions. Years spent performing largely the same scope of work, however, may not translate into equivalent professional growth.

Similarly, a Master’s can support progression when it is linked to a clear career transition, such as moving from a specialist to a managerial role, changing functions or industries, taking on regional responsibilities, or leading digital and organisational transformation. It is less likely to deliver meaningful results when pursued as a standalone credential or with the expectation of an automatic promotion or salary increase.

“For experienced professionals, the value of an MBA is not simply in acquiring more knowledge, but in seeing their experience through a broader business lens,” said Xavier Duran, Global MBA Programme Director at Alliance Manchester Business School. “That broader perspective can help prepare them for the next stage of their career, whether that means moving into leadership, changing function or industry, or even taking on greater international responsibility.”

Preparing professionals for changing employer needs

Employer expectations are also evolving. Communication, problem-solving and strategic thinking remain important, while organisations increasingly require professionals who can interpret data, understand technology and navigate the impact of artificial intelligence.

As these demands reshape the workplace, an individual can remain technically qualified and continuously employed while becoming less prepared for their next role.

Studying while working can help bridge this gap by allowing professionals to apply new concepts directly to live organisational challenges. It also enables them to examine their experience critically and connect their existing expertise with wider areas such as strategy, finance, people and technology.

The Manchester Global Part-time MBA follows this model through flexible learning, interactive workshops and practical business projects for experienced professionals. Their applicants enter with an average of 12 years of professional experience, including six years in management, underscoring that the programme is designed to build on established careers rather than replace workplace experience.

Postgraduate education is not for salary increase alone

Career progression should be looked at beyond just salary benchmarking. More meaningful indicators include movement into higher-skilled work, broader decision-making responsibility, access to regional or international opportunities and the ability to lead more complex projects.

Malaysia has made progress in helping graduates enter and remain in the workforce. The next priority should be to turn employment into sustained progression, ensuring that talent continues to develop and move into work that makes fuller use of its capabilities.

More information on the MA in Educational Leadership in Practice (ELiP) is available at www.manchester.com.my/ma-educational-leadership-in-practice/.

Hashtag: #UniversityofManchester

http://www.manchester.com.my/ma-educational-leadership-in-practice/

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

About The University of Manchester & Alliance Manchester Business School

The University of Manchester is ranked 35th in the world by QS World University Rankings 2026, 5th in the UK research powerhouse in REF 2021 and 2nd in THE Impact ranking 2025. With as many as 26 Nobel Prize winners, the University’s academic pedigree is among the best globally.

Alliance Manchester Business School, part of the University of Manchester, is one of the UK’s leading business schools and holds triple accreditation from AMBA, AACSB and EQUIS. The university has a global alumni network and more than 60,000 graduates across 176 countries.

Driving the Thai Economy and Charting New Strategic Pathways for the Future of ASEAN

BANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB), comprising the Thai Bankers’ Association, the Board of Trade of Thailand, and the Federation of Thai Industries, in collaboration with the Ministry of Finance, the Bank of Thailand, the National Economic and Social Development Council (NESDC), and the World Bank, has announced its readiness to convene a high-level leadership conference, ‘The Bangkok Business Summit 2026,’ under the theme ‘Reinvent Thailand, Resilient ASEAN.’

To be held at the Queen Sirikit National Convention Center (QSNCC), the summit will showcase the vision of public-private sector collaboration aimed at restructuring Thailand’s economy. This event serves as a milestone paving the way toward the IMF-World Bank Group Annual Meetings 2026, which Thailand will proudly host in Bangkok in October 2026, as well as Thailand’s upcoming ASEAN Chairmanship in 2028.

A key highlight of The Bangkok Business Summit 2026 includes a keynote address entitled ‘Thailand’s Offer to the World’ by Mr. Anutin Charnvirakul, Prime Minister of Thailand. The address will declare Thailand’s readiness as a global investment hub, shifting the nation from cost-based competition to enhancing capabilities, innovation, and digital infrastructure. Furthermore, Dr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, will deliver a policy address on ‘Unlocking the Next Growth Engines for Thailand & ASEAN,’ revealing policy reform steps designed to unlock private sector investment and drive the country’s new economic engines. Professor Dr. Yodchanan Wongsawat, Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation, will address positioning Thailand as a regional investment platform for high-tech industries.

Mr. Payong Srivanich, Chairman of the Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB), stated that this event aims to answer a critical question: How can Thailand transform global shifts and its central location in ASEAN into new opportunities for investment, job creation, and sustainable growth?

“The Bangkok Business Summit 2026 is not merely a platform for exchanging perspectives, but a venue where Thailand presents its concrete strengths, opportunities, and development directions to the global business community—bridging the government’s vision, recommendations from international organizations, and the practical expertise of the private sector,” Mr. Payong stated.”Thailand’s challenge today is not just growth, but building competitive growth in a rapidly changing world. We need a platform for collaborative efforts to ‘Reinvent Thailand’ by creating new economic engines and elevating our competitiveness so Thailand can capture new opportunities and become an integral part of a ‘Resilient ASEAN’ capable of adapting to global dynamics.”

Key Highlights & Session Overview

• Special Keynote: Mr. Vitai Ratanakorn, Governor of the Bank of Thailand, will present on ‘Thailand’s New Horizons: From Ambition to Delivery.’
• Global Insights Panel: Featuring in-depth discussions with Mr. Carlos Felipe Jaramillo, World Bank Vice President for East Asia and Pacific, Mr. Sarvesh Suri, Regional Vice President for Asia and Pacific, The International Finance Corporation (IFC), and Mr. John W.H. Denton, Secretary General of the International Chamber of Commerce (ICC) exchanging views on economic trends, investments, and business opportunities.
• Report Launch: Launch of the World Bank’s latest report, ‘Building Thailand’s Future Today: The Investment and Growth Playbook.’ The report proposes a roadmap for Thailand to achieve high-income country status through investment and reforms that create jobs, boost productivity, and lay the foundation for long-term growth, highlighting potential industries such as advanced manufacturing, sustainable & wellness tourism, digital services, agriculture & food, and the creative economy.
• Luncheon Discussion: Thai Beverage Public Company Limited will host a special session entitled ‘Growth Reaches Communities: Sufficiency Economy Philosophy,’ presenting the Sufficiency Economy Philosophy as a framework that creates balance, strength, and sustainability from local communities to the business sector and macroeconomy.

Afternoon Tracks

• Track 1: Building Resilience (Infrastructure, Energy, and Digital Finance): Led by Mr. Piti Disyatat, Deputy Governor for Monetary Stability, Bank of Thailand, in building competitiveness and the ability to attract future industries to the country. The session will include discussions on the topics of ‘Efficient Energy & Low-Carbon Infrastructure’ and ‘Policy Architecture and Low-Carbon Cities in Action’ focusing on investing in key infrastructure that will drive the industrial transition to a low-carbon society, with leaders from various sectors, including the Ministry of Energy, the Ministry of Natural Resources and Environment, PTT Public Company Limited, Gulf Energy Development Public Company Limited, Siam Cement Public Company Limited, Thai Airways Public Company Limited, and Google LLC and the topic of ‘Building Thailand’s Trusted Economy: Digital Public Infrastructure for Inclusive Growth,’ focusing on digital public infrastructure in the financial sector for sustainable growth, and safe and inclusive digital finance, with senior executives from Bangkok Bank, Krungsri Bank, TMBThanachart Bank, and Ascend Money.
• Track 2: New Horizons (Future Industries, Agri-Food, and Human-Centric Economy): Led by Professor Dr. Yodchanan Wongsawat, Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation, focusing on developing high-potential talent within organizations and positioning Thailand as a regional investment platform for high-tech industries, semiconductors, AI infrastructure, and advanced R&D.

Additionally, the Bangkok Business Summit 2026 will feature a panel discussion titled ‘The Future of Agrifood Business.’ Under the concept of Elevating to a Regional Strategic Asset, leaders from top companies including Sea Value PCL and Olam Agri (Singapore) will share their perspectives on how Thailand’s agrifood industry is evolving beyond its traditional role as the ‘Kitchen of the World’ to become a vital strategic asset for regional food security, and another discussion on ‘The Future of the Human-Centric Economy,’ integrating health, wellness, tourism, and the creative economy centered around people rather than isolated sectors. Panelists include Minor International, Bangkok Dusit Medical Services (BDMS), and Cerecin.

Closing & Actions

To conclude the summit, leaders from the three JSCCIB member organizations will summarize actionable proposals to transform insights into concrete practices. These encompass enhancing competitiveness, building investment ecosystems, and developing future industries. The event will culminate in the signing of a Letter of Intent for Cooperation on the Digital & AI Compact between Thailand’s economic agencies and the World Bank.

Note: Speakers and the event program are subject to change without prior notice due to unforeseen circumstances. We apologize for any inconvenience and appreciate your understanding.
Hashtag: #JSCCIB

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

Veteran insurance leader to accelerate growth, strengthen partnerships and drive customer-focused innovation

SINGAPORE – Media OutReach Newswire – 14 August 2026 – Etiqa Insurance Singapore today announced the official appointment of Claudia Soh as its Chief Executive Officer (CEO), effective 14 Aug 2026. Over the past six months, while serving as Acting Chief Executive Officer and continuing in her role as Chief Financial Officer, Claudia has led Etiqa Insurance Singapore through a period of sustained growth and transformation, strengthening the company’s foundations while driving initiatives focused on innovation, operational excellence, and customer-centricity. Her appointment reflects the Board’s confidence in her leadership and vision as the company embarks on its next phase of growth.

With more than 20 years of experience in the financial services and insurance industry, Claudia brings extensive expertise across finance, strategic planning, risk management, mergers and acquisitions, investor relations and auditing. Her career spans both the public and private sectors, including experience at the Monetary Authority of Singapore (MAS) and senior leadership roles within the insurance industry.

During her tenure at Etiqa, Claudia has helped build on the company’s strong momentum by supporting its growth agenda while advancing new initiatives. Her collaborative leadership approach and focus on long-term value creation have contributed to strengthening Etiqa’s capabilities for the future. She has also been an advocate for transforming the finance function from a traditional support role into a strategic business partner that helps create stronger outcomes for customers, employees and stakeholders.

“We are delighted to formally appoint Claudia Soh as CEO of Etiqa Insurance Singapore,” said Kamaludin, Group Chief Executive Officer, Etiqa Insurance and Takaful. “Claudia has demonstrated strong leadership, strategic clarity, operational excellence and resilience. Her ability to drive innovation, build strong teams and adapt to changing customer needs will continue to strengthen our market position in Singapore to deliver long-tern value for our customers, employees and stakeholders”

On her appointment, Claudia said, “I am honoured to undertake the role of CEO at Etiqa Insurance Singapore at a time of significant change for our industry. As customer expectations continue to evolve, we must remain agile, innovative and focused on delivering purposeful value. By combining digital innovation, data-driven insights and strong partnerships, we will continue to enhance the customer experience and help more individuals and businesses build financial confidence and resilience.”

Deepening Partnerships and Empowering Financial Readiness

As a leading composite insurer, Etiqa Insurance Singapore will continue to deepen its distribution capabilities and ecosystem partnerships to make protection more accessible and relevant to customers. Beyond its longstanding bancassurance partnership, Etiqa will work closely with Maybank to deliver more integrated financial and protection solutions, leveraging the strength of the Maybank network and customer ecosystem. Etiqa will also continue collaborating with partners across Singapore to develop innovative solutions that support customers’ evolving protection, savings and financial wellness needs.
Hashtag: #EtiqaInsuranceSingapore

https://www.etiqa.com.sg/

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

About Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)

Protecting customers since 1961, Etiqa Insurance Pte. Ltd. (EIPL) is a life and general insurance company licensed and regulated by the Monetary Authority of Singapore and governed by the Insurance Act 1966. Having protected customers in Singapore since 1961 under the name United General Insurance Co. Sdn. Bhd., the company transitioned into the Singapore branch of Etiqa Insurance Berhad in 2009. Today, EIPL in Singapore stands as the pivotal operating entity of Etiqa Insurance Group, a leading insurance and takaful provider in ASEAN.

EIPL offers a comprehensive range of life and general insurance products accessible through its diverse distribution channels, including bancassurance, agents, brokers, financial advisers, partnerships, direct and online sales via Tiq by Etiqa. Etiqa is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile. The company is a member of the Maybank Group.