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The revised plan would involve the sale of a 2.5 per cent stake through new shares, with the proceeds flowing to Jio Platforms rather than to shareholders seeking exits. The change marks a significant adjustment in what is expected to be one of the largest public offerings in the country’s capital markets, and places long-term growth funding ahead of partial monetisation by early backers.

Jio Platforms, controlled by Mukesh Ambani’s Reliance Industries, owns Reliance Jio Infocomm and houses a broad portfolio of digital services spanning telecom, broadband, cloud, media, payments and consumer technology platforms. Its shareholder base includes Meta, Google, Vista Equity Partners, KKR, Mubadala, Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund, many of which entered the company during the 2020 fundraising cycle.

Earlier discussions had explored an offer-for-sale structure under which foreign investors could have sold about 8 per cent of their individual holdings, amounting to roughly 2.5 per cent of Jio Platforms. That approach has now been set aside, with investors opting to remain exposed to the business rather than reduce stakes at the listing stage.

The decision strengthens Reliance’s control over the IPO narrative. A fresh issue allows the company to present the listing as a growth-financing event instead of an exit window for private investors. It also limits the risk that the market interprets selling by marquee shareholders as a signal of valuation caution, particularly at a time when global technology listings are being judged closely on profitability, cash generation and regulatory exposure.

Jio Platforms is widely seen as the centrepiece of Reliance Industries’ transition from an energy-heavy conglomerate to a broader consumer, digital and technology group. The telecom arm has become one of the world’s largest mobile operators by users, while its digital ecosystem has helped Reliance build links across retail, entertainment, finance and enterprise services.

The company’s operating performance has supported expectations of a high-profile listing. Jio Platforms reported strong profit growth for the quarter ended March 2026, helped by tariff-led gains, subscriber additions, higher data consumption and expansion in home broadband. Average revenue per user rose to ₹214, reflecting improved monetisation after tariff increases and a better customer mix.

The proposed IPO has been closely watched since Ambani told shareholders that Jio Platforms was being readied for a market debut in the first half of 2026. Preparations gathered pace after listing rules were adjusted to make it easier for very large companies to float a smaller portion of equity while still meeting public-shareholding requirements over time.

A 2.5 per cent offering would keep public float modest at the start, but even that limited stake could translate into a multibillion-dollar transaction if the company commands a valuation close to estimates that have placed Jio Platforms around $180 billion. At that level, the IPO could rank among the largest listings ever seen on domestic exchanges.

The timing remains sensitive. Equity markets have been volatile as investors weigh interest-rate expectations, geopolitical risks, technology valuations and capital flows into emerging markets. Several large companies have adjusted listing timetables as issuers and bankers test demand from institutional and retail investors.

Reliance has assembled a large banking syndicate for the transaction, underlining the scale and complexity of the planned sale. The deal will require careful pricing to balance investor appetite, Reliance’s valuation expectations and the interests of existing shareholders who invested at a premium during the digital fundraising boom.

For Meta and Google, continued ownership preserves access to one of the world’s largest digital consumer markets through partnerships linked to messaging, cloud services, devices and online commerce. For sovereign wealth funds and private equity investors, remaining invested offers exposure to a mature telecom platform with rising cash flows and expanding digital adjacencies.

The IPO will also have implications for Reliance Industries’ own market valuation. Investors have long debated whether separate listings of Jio Platforms and Reliance Retail could unlock value trapped inside the conglomerate structure. A successful Jio debut may narrow the holding-company discount, while a weak listing would raise questions over the pace and pricing of Reliance’s broader demerger and monetisation strategy.

Gobind, who is also national chairman of the Democratic Action Party and MP for Damansara, called on Inspector-General of Police Khalid Ismail to state whether individuals and companies cited in the allegations had been questioned, and to outline the next steps in the investigation. His intervention has kept public scrutiny on the Malaysian Anti-Corruption Commission at a sensitive moment, with the agency preparing for a leadership change and facing questions over institutional independence.

The allegations centre on claims that a network of businessmen worked with MACC officials to pressure company executives, including through raids and investigations, in order to influence ownership and control of businesses. MACC and outgoing chief commissioner Azam Baki have denied wrongdoing, describing the claims as unfounded. Police have said they have so far found no evidence of MACC involvement, while investigations ordered by the government remain under public watch.

Gobind said transparency was essential because the allegations were specific and involved named individuals, companies and officials. He said the probe must extend to every person, entity and officer implicated in the complaints, adding that the matter touched directly on market integrity and trust in national institutions. He also said the Securities Commission should explain whether it had examined any possible market manipulation, particularly if force or pressure was allegedly used to transfer shares in companies.

The issue has drawn wider political attention because DAP is a key component of Prime Minister Anwar Ibrahim’s unity government. Party leaders have argued that a denial by MACC is not enough to settle the controversy and have backed calls for a Royal Commission of Inquiry with powers to compel evidence and testimony. That position has placed pressure on the administration, which came to power promising institutional reform and stronger action against corruption.

Azam’s tenure has been marked by both high-profile enforcement action and repeated scrutiny. He has led MACC since March 2020 and continued beyond the usual retirement age through contract extensions in 2023, 2024 and 2025. His current term ends on May 12. The government has appointed former High Court judge Abdul Halim Aman as the next MACC chief commissioner from May 13, after the King assented to the appointment on the advice of the prime minister.

The appointment came ahead of a planned Kuala Lumpur rally demanding Azam’s removal and broader reforms at MACC. Activist groups behind the campaign have called for a Royal Commission of Inquiry into controversies surrounding the agency’s leadership, a parliamentary mechanism to vet future chief commissioners, fixed tenure for the top post and stronger safeguards to ensure MACC is accountable to Parliament rather than the executive.

The controversy has revived long-running concerns about the structure of Malaysia’s anti-corruption framework. MACC is a central enforcement body in the country’s governance system, but critics have argued that its leadership appointment process leaves room for political pressure. Supporters of reform say the agency’s credibility depends not only on pursuing graft cases but also on being seen to operate independently when allegations touch its own officers or senior leadership.

Anwar’s government has made anti-corruption enforcement a major plank of its reform agenda. Since taking office in 2022, his administration has overseen investigations involving former senior officials, political figures, military procurement and state-linked financial matters. The approach has won praise from some governance advocates, but it has also faced claims of selective enforcement from opponents and unease among allies when politically sensitive cases remain unresolved or unpublished.

The “corporate mafia” allegations carry additional weight because they involve not only possible misconduct by public officers but also the risk of abuse in the corporate sector. If executives were pressured to sell shares or surrender control of businesses through investigations or enforcement threats, the case would raise questions about investor protection, corporate governance and the ability of regulators to shield markets from coercive conduct.

Asian equities advanced sharply on Monday as artificial intelligence-linked chipmakers in South Korea and Taiwan drove regional benchmarks back towards record territory, erasing the losses triggered by the Iran war and restoring investor appetite for technology-heavy markets.

The MSCI Asia Pacific Index rose as much as 2.3 per cent on May 4, its strongest intraday gain since April 8, while the MSCI Asia Pacific excluding Japan Index climbed as much as 2.9 per cent. Benchmarks in South Korea and Taiwan, both heavily exposed to the semiconductor supply chain, gained more than 4 per cent each as investors moved back into companies seen as central to the global AI build-out.

The rally was led by the region’s dominant AI hardware suppliers, including Taiwan Semiconductor Manufacturing Co, Samsung Electronics and SK Hynix. These companies sit at crucial points of the AI infrastructure chain, from advanced foundry production to high-bandwidth memory chips used in data centres and graphics processors. Strong earnings from US technology groups have reinforced expectations that capital spending on AI servers, accelerators and cloud infrastructure will remain elevated through 2026.

TSMC has become the clearest symbol of that shift. The world’s largest contract chipmaker posted a 58 per cent jump in first-quarter net profit to a record level, supported by demand for AI processors, and guided second-quarter revenue to $39 billion to $40.2 billion. Its first-quarter revenue rose 35 per cent from a year earlier to about $35.7 billion, underlining the scale of orders tied to advanced computing.

Samsung’s semiconductor division also delivered a major earnings rebound, reporting 53.7 trillion won in operating profit for the first quarter on 81.7 trillion won in revenue. The group said memory sales were lifted by AI-related demand and tight supply, even as its mobile and display businesses faced margin pressure from higher component costs.

SK Hynix has benefited from its strong position in high-bandwidth memory, a category that has become central to AI accelerator performance. Demand from data centre operators and chip designers has pushed memory makers into long-term supply arrangements, with shortages expected to extend into 2027 as customers reserve capacity years ahead.

Taiwan’s broader market has also gained from the AI trade. The island’s economy expanded 13.69 per cent in the first quarter, its fastest annual pace in nearly four decades, supported by a surge in exports tied to AI hardware. Taiwan has overtaken Canada to become the world’s sixth-largest stock market by value, helped by TSMC’s rise and investor demand for companies embedded in advanced chip manufacturing.

Investor confidence has been strengthened by Nvidia’s expanding Asian supply chain. Its partners now span foundries, memory suppliers, electronics assemblers and companies linked to robotics and so-called physical AI. The shift has widened the rally beyond a handful of chip names, lifting component makers and specialist suppliers that provide substrates, packaging, power management and memory-related technologies.

The rebound also reflects a broader reassessment of geopolitical risk. The Iran war initially prompted investors to cut exposure to export-oriented and energy-importing markets, particularly those vulnerable to shipping disruptions and higher fuel costs. Yet the scale of AI-related earnings growth has helped offset those concerns, with funds favouring economies that are directly tied to semiconductor demand and less dependent on domestic consumption.

South Korea’s Kospi has been one of the year’s standout performers, supported by Samsung, SK Hynix and other technology exporters. Taiwan’s Taiex has also outperformed as investors price in continued demand for advanced nodes, AI servers and high-performance computing. The concentration of gains, however, has increased concerns that regional indices are becoming more dependent on a narrow set of semiconductor companies.

Valuations remain a key risk. Share prices in several AI-linked companies have risen faster than earnings forecasts, leaving markets exposed to any slowdown in capital expenditure by US cloud providers or delays in chip production. Memory supply shortages may support pricing in the near term, but they could also raise costs for downstream electronics makers and intensify competition among suppliers expanding capacity.

Currency movements have added another layer to the market response. A weaker won has supported earnings translation for South Korean exporters, while Taiwan’s market has drawn stronger foreign inflows on expectations that AI-linked exports will keep growth elevated. Japan’s yen strengthened during Monday’s regional trading, reflecting a mix of safe-haven demand and shifting expectations around monetary policy.

• New strategy highlights synergy among Global Payment, Global Account and Inclusive and Embedded Finance services built on progress in AI and interoperability.
• As a foundation to the business, Ant International’s global payment services support over 300 payment methods, including more than 10 national QR systems and 50 digital wallets and bank apps, and exceed 20 million daily transactions on average.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 30 April 2026 – Ant International now connects over 150 million global merchants with more than 2 billion user accounts globally, the company disclosed at its flagship MoMents 2026 fintech executive forum in Kuala Lumpur, Malaysia.

Ant International is a leading global digital payment, digitisation and financial technology provider. The company now supports 300+ payment methods in over 220 markets, including all card schemes, 50 mobile payment partners and more than 10 national QR systems, including Singapore’s SGQR, Malaysia’s DuitNow, South Korea’s ZeroPay, Thailand’s PromptPay, Indonesia’s QRIS, Sri Lanka’s LankaPay, and more. It recently onboarded more leading global e-wallets and bank apps such as iFAST Global Bank from the UK, KBank and SCB from Thailand, barq from Saudi Arabia and ShopeePay from Southeast Asia.

With an average of over 20 million transactions daily, Ant International is building broader market reach through new licenses and partnerships in Asia, Latin America and EMEA. In Vietnam, it partners with NAPAS and Vietcombank to roll out cross-border QR payment service, and is also working with the Ho Chi Minh City government on the development of an international financial centre. In Latin America, it formed a strategic partnership with Mexican fintech company R2 in late 2025, supporting the expansion of SME lending across the region. In the Middle East, Ant International collaborates with the Saudi Central Bank (SAMA) and national payment network mada, with plans to introduce Alipay+ cross-border QR payments in 2026. Its recent initiatives also include plans to roll out Islamic finance programs in Southeast Asia and other emerging markets.

While serving businesses in their global expansion, Ant International also ranks in first place in terms of the number of global accounts it has been managing for businesses, particularly SMEs, engaged in cross-border commerce.

“New models of financial interoperability and AI commerce give us powerful tools to help global giants as well as mom-and-pop shops to increase resilience and expand revenue streams,” said Peng Yang, CEO, Ant International. “A broader and deeper network means we can work with more partners on more levels to deliver more innovative, trusted, and high ROI fintech solutions in the world’s fastest growing markets.”

Layered solutions for enterprises, SMEs and emerging markets to achieve inclusive growth

Yang underlined a strategy to combine the forces of its four main businesses – Alipay+, Antom, Bettr and WorldFirst – to offer more connected growth solutions for businesses of all sizes.

• Global payment: Making payments a growth engine for businesses of all sizes to thrive in the global digital economy.
• Global account: Enabling AI-powered borderless global accounts for businesses of all sizes, and serving as the ticket to digital trade and commerce. This makes ‘born global’ a reality for all businesses from day one.
• Strategic value boosters: Leveraging innovation and technology to deliver embedded financing, credit and treasury solutions that power inclusive growth.
• Innovation and technology leadership: Grounded in extensive expertise in supporting global payments and businesses of all sizes, Ant International’s leading AI and blockchain solutions are co-developed with customers, partners and regulators to deliver real impact while ensuring security and compliance.

Go-to-market FinAI solutions for real-world problem solving

Working with top LLMs, card schemes and other fintechs, Ant International builds out FinAI capacities and solutions for merchants and financial institutions to tackle real-world growth and security challenges. Key examples include:

Agentic Mobile Protocol (AMP)

At MoMents 2026, Ant International has introduced the open-sourced AMP – the world’s first agentic payment framework designed for mobile interfaces – to help drive AI commerce. The protocol enables secure, AIOps-native agentic payment connection to mobile services including digital wallets, banking apps, super apps, and mobile portals from phones to wearable devices.

AI-as-a-Service Platform

Ant International’s AI-as-a-Service platform GenAI Cockpit equips fintech partners with tools to build a wide range of agentic solutions, from customer-service assistants to sales copilots. Malaysia’s leading e-wallet TNG eWallet, and easypaisa, Pakistan’s first digital bank, are using the platform to deliver better customer experiences with AI.

AI SHIELD

Ant International’s 3-in-1 risk management transformer maintains trust in the ecosystem by providing a robust security layer underpinning all transactions processed by the company. The model is supported by over 7 billion parameters, and combines graph, sequential and tabular data to identify high-risk transactions with over 95% precision, while improving payment success rates by up to 13.5%.

Falcon TST AI FX model

The industry-first MoE-based AI FX model makes long-term forecasts with prediction accuracy of up to 93%, leveraging over 8.5 billion parameters. Deployed internally at Ant International to manage cashflow and FX exposure on an hourly, daily and weekly basis, Falcon TST has helped to cut the company’s FX costs by up to 60%. The model was open-sourced in 2025 to expand access to its capabilities and invite collaboration to advance time-series learning.

EPOS360

A pioneering AI-powered SME app, EPOS360 integrates practical AI tools with POS system, payments, banking, financing and growth operations for small businesses. The suite of AI-powered tools and payment capabilities was launched in Singapore, and is also available to merchants in Malaysia as a mini-programme via TNG eWallet.

Antom Copilot

Antom Copilot provides automation and assistance for merchants based on learnings from real-world cases, improving efficiency of services such as chargeback dispute handling by up to 46%. Within a year of its launch, 72% of Antom-onboarded merchants completed self-service payment integration with the copilot.

At the MoMents 2026 fintech executive forum held in Kuala Lumpur, Malaysia, executives from global payment networks, banks, fintechs, tech companies, and governors came together to discuss the future of financial services in the era of AI commerce. Conversations focused on new forms of payment transformation, multi-layer global interoperability, super app evolution with AI-native tech, innovation of Islamic financing and initiatives around trust and security.

Ant International launched its Digital Business Center in Kuala Lumpur in 2024.
Hashtag: #AntInternational

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

About Ant International

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

• Rhenus Group acquires remaining 49 percent of LBH Group, achieving full ownership
• Partnership further strengthens global maritime and port logistics network
• LBH continues operating under its renowned brand while maintaining its recognized service quality

SINGAPORE – Media OutReach Newswire – 29 April 2026 – Rhenus Group announced the successful closing of the acquisition of the remaining 49 percent stake in LBH Global Agencies Inc. LBH Group is a globally active port agency with business sites in 24 countries worldwide. As an international maritime shipping agency, LBH Group manages incoming and outgoing vessels handling bulk goods, liquid cargo, containers, and general cargo. With the acquisition of the remaining shares from the Lagendijk family, the company is now a wholly owned subsidiary of Rhenus – a strategic step that has been pursued since the two companies joined forces in 2023. For many years, both parties have fostered a close and trustful relationship based on a shared goal.

Joined expertise for strong international customer service

The partnership between Rhenus and LBH Group was initially established with the shared objective of combining LBH’s global reach in port agency services with the international logistics network of Rhenus. Since then, the collaboration has strengthened both companies’ capabilities, enabling the development of more comprehensive service offerings and supporting customers with increasingly customized, resilient, and efficient supply chain solutions. Uniting two highly skilled and specialized teams marks another milestone in the Rhenus Group’s strategic growth plan in global trade, aiming to expand its network and foster supply chains worldwide.

Under full ownership, LBH Group will remain a central pillar of the maritime strategy of Rhenus. The company will continue to operate under its established brand, maintaining its market presence and well-recognized service quality. Inspired by the vision of expanding global logistics operations as one global team, the acquisition underscores the importance of reliable partnerships that continue to pave the way for the Rhenus Group’s growth trajectory.

Hashtag: #Rhenus

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

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.2 billion. 39,000 employees work at 1,300 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.

Beijing’s move to sharpen penalties for unauthorised rare earth production sent shares of major producers higher, as investors assessed a tougher enforcement regime that could curb illegal supply and reinforce China’s control over a sector central to clean energy, defence and advanced manufacturing.

China’s Ministry of Industry and Information Technology has opened public consultation on detailed penalty benchmarks under the Rare Earth Management Regulations, setting out how authorities should punish breaches involving mining, smelting, separation, product circulation and data reporting. The draft rules target companies and individuals that exceed state production quotas, operate without approval, process illicit raw materials, falsify traceability data or obstruct inspections.

The consultation runs until 28 May, adding another layer to a regulatory structure that took effect on 1 October 2024. The framework places rare earth mining, smelting and separation under a “total control” system, giving Beijing formal authority to set production limits and police flows across the supply chain. The new penalty table is designed to narrow discretion in enforcement by grading violations according to value, volume, frequency and consequences.

Rare earth-linked equities climbed in Shanghai and Shenzhen after the announcement. China Northern Rare Earth, China Rare Earth Resources and Technology, Huahong Technology and other names tied to mining, processing and permanent magnets moved sharply higher during Wednesday trading. The rare earth permanent magnet segment also advanced, helped by firmer prices for praseodymium-neodymium products and stronger first-quarter earnings from leading producers.

Investors read the draft as a supply-side signal. Stricter penalties could reduce unapproved output that has historically weighed on pricing during periods of weak demand. For larger quota-holding groups, tighter enforcement may support margins by giving compliant producers a stronger position in pricing and procurement. China Northern Rare Earth reported a first-quarter net profit of about 918 million yuan, more than double the level a year earlier, helped by higher average prices for core rare earth products. China Rare Earth Resources and Technology also posted a sharp rise in quarterly profit as prices for selected products improved.

The proposed penalties are substantial. Unauthorised smelting and separation, misuse of rare earth mineral products by recycling or comprehensive utilisation companies, and trading in illegal rare earth products can lead to confiscation of products, unlawful income and related equipment. Fines may reach five to 10 times unlawful gains, while cases with no gain or gains below defined thresholds can still attract penalties running into millions of yuan. Serious breaches can result in business licence revocation.

Traceability is a central element of the enforcement push. Companies that fail to record, upload or maintain data on product flows face fines and possible suspension if they refuse to rectify violations. The system is intended to make it harder for illegal ore, semi-processed products or recycled materials to enter formal supply chains undetected. It also strengthens the state’s ability to align domestic output with industrial policy, export controls and strategic stockpiling objectives.

Rare earths comprise 17 elements used in permanent magnets, electric vehicles, wind turbines, smartphones, robotics, missile guidance systems, radar, drones and precision equipment. China accounts for roughly 70 per cent of global rare earth mining and an even larger share of processing, refining and magnet manufacturing. That position gives Beijing significant influence over a supply chain that remains difficult and costly for other economies to replicate.

The policy shift comes against a backdrop of heightened competition over critical minerals. Export controls introduced in 2025 placed rare earth materials and related technologies at the centre of trade negotiations and industrial security planning. Licensing delays and tighter availability of high-performance magnets have already affected downstream manufacturers, particularly in automotive, electronics and defence-linked industries.

Western governments and companies are trying to build alternative supply chains, but progress remains uneven. Mining projects in the United States, Brazil, Australia, Greenland and parts of Africa have attracted capital, while magnet-making and separation capacity outside China remains limited. Processing is the central bottleneck, requiring specialised technology, environmental safeguards and long approval timelines. New ventures can take years to move from exploration to commercial output, leaving buyers exposed to Chinese policy decisions.

Environmental enforcement is also part of the equation. Illegal mining and poorly controlled processing have caused soil, water and radioactive waste concerns in several producing regions. Tougher penalties can be framed not only as an industrial strategy but also as an attempt to reduce pollution, consolidate smaller operators and push production towards state-backed or better-capitalised firms.

Focus on the “Four Evolutionary Capabilities” of Private Enterprises as European Delegation Joins Efforts to Foster a China-Europe Cooperation Bridge

HONG KONG SAR – Media OutReach Newswire – 27 April 2026 – “Momentum Unleashed, Time is Now · GE Jun 2026 Grain Rain Speech” was recently staged in Hangzhou. GE Jun, the Chairman and CEO of TOJOY Shared Smart Enterprise Services, joined more than 2,000 private entrepreneurs, a visiting European political and business delegation, and leading scholars and experts in a far-reaching dialogue on how private enterprises may endure, adapt and evolve in a new era.

This year marks the third consecutive edition of GE Jun’s annual Grain Rain Speech. From “Leap Ahead Again” in Shenzhen in 2024, to “With Belief, The Road Opens Up” in Chengdu in 2025, and this year’s “Momentum Unleashed, Time is Now” in Hangzhou, the series has maintained a clear thematic continuity. Across the three editions, it has attracted more than 6,000 entrepreneurs to attend in person and reached tens of millions online, and has become a signature public intellectual platform amid the transformation wave facing private enterprises.

Focusing on Three Major Currents and Advancing Four Evolutionary Capabilities

GE Jun, formerly Global Vice President at Intel, Apple and NVIDIA, brings extensive global management experience. In a three-hour address, he structured his remarks around four major chapters — “Great Rivers and Mighty Currents,” “Big Waters, Big Fish,” “The Evolution of Fish,” and “Deep Bonds Between Fish and Water” — offering a systematic reading of the three great currents confronting private enterprises in 2026: technology, globalization and policy.

He pointed out that enterprises in 2026 are confronting three key realities: competition is shifting from “manufacturing capability” to “scenario-solving capability”; overseas expansion is moving from “product exports” to “capability exports”; and policy is evolving from a “traffic light” into a “navigation system.” Only by cultivating four evolutionary capabilities — antifragility, multi-generational continuity under the “new three generations,” ecosystem positioning, and two-way engagement — can enterprises truly navigate economic cycles.

European Delegation Attends Event in China as TOJOY Builds a Bridge for China-Europe Collaboration

During the speech, GE Jun said that true globalization is about “two-way engagement” — not only Chinese enterprises going abroad, but also international partners coming into China, with both sides enabling one another and pursuing shared prosperity.

Of particular interest, Ralf, founder of the European thought exchange platform Big Improvement Day, led a 30-member European political and business delegation to China specifically to attend the event. Big Improvement Day is understood to enjoy wide influence in global economic thought circles and is often described as a “mini-Davos.” During the event, TOJOY and the delegation jointly organised the 2026 Sino-European Entrepreneurs Cooperation Forum (SEEC) and Global Innovation and Development Conference, providing a long-term cooperation platform for entrepreneurs from China and Europe.

As a concrete implementation of the “two-way engagement” concept, TOJOY announced the launch of the “Global Shared Office.” Backed by the Group’s entrepreneur resource-sharing platform with more than 6 million registered users, the initiative will create overseas footholds for small and medium-sized enterprises expanding internationally and support the high-quality global expansion of private enterprises.

New Book “A Distant Drum” Released at the Event, Highlighting the Global Evolution Path of Private Enterprises

At the event, GE Jun officially released his new book, A Distant Drum: Evolution of China’s Private Enterprises in a Global Context. The book systematically sets out the evolutionary logic and practical pathways of Chinese private enterprises within a global framework, bringing together the intellectual essence of GE Jun’s more than three decades of global perspective and deep practical engagement with the private economy. “All those who stand apart do so because they have heard the drumbeat from afar.” With these words, GE Jun offered his message to entrepreneurs on the journey ahead.

GE Jun said: “Over the past 30 years, China’s economy has been defined by ‘big waters, big fish.’ Over the next 30 years, it will surely be marked by ‘deep bonds between fish and water.’ I am willing to be a resolute builder of bridges, gathering millions of ‘I’s into a shared ‘we.'”

Hashtag: #TOJOY #天九 #戈峻

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