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HONG KONG SAR – Media OutReach Newswire – 7 September 2026 – HUAFULI, a high-end decorative panel brand under the Shanghai Stock Exchange main board listed company “Dongguan Huali Industries Co., Ltd.” (Stock Code: 603038.SH), has leveraged its 30 years of brand heritage and formidable R&D and supply chain strength to achieve a rapid growth of over 50% against recent market downturns! Backed by a robust brand history, HUAFULI served as a supporting furniture materials supplier for top-tier international events, including the 2008 Beijing Olympics, the 2010 Guangzhou Asian Games, and the 2011 Shenzhen Summer Universiade, earning national-level recognition for its quality.

HUAFULI today officially announced its full-scale entry into the Hong Kong market, establishing its presence in the heart of Lockhart Road, Wan Chai—renowned as “Hong Kong’s Building Materials Street.” A grand opening ceremony was held for its brand-new 2,800 sq. ft. flagship exhibition hall, the “HUAFULI Hong Kong Home Art Gallery”. The brand offers an Integrated Door-Wall-Cabinet solution and localized services, using Hong Kong as a strategic pivot to expand into the global market!

The ceremony, themed “Huafuli: A New Chapter in Hong Kong”, was officiated by management representatives, including Mr. Jacky Tan Xujie, Vice Chairman of Dongguan Huali Industries Co., Ltd., Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Lu Xuqiu, Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Wang Tangxin, Co-founder of Dongguan Huali Industries Co., Ltd., Mr. Ji Juntao, Vice President of Dongguan Huali Industries Co., Ltd., and Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli. The event also featured a heavyweight guest, three-time TV King, renowned artist, and Brand Spokesperson Mr. Wayne Lai, who attended the ribbon-cutting and conducted a live contract signing ceremony, witnessing this significant milestone in HUAFULI’s development in Hong Kong.

30 Years of Dedication: From Single-Product Champion to System Service Provider; Executive President Xie Zhikun Reveals Deep “Hong Kong Ties”

Founded in 1995, Huali Shares was listed on the SSE main board in 2017. In its early years, the brand took the lead in breaking foreign technological monopolies, spearheading the formulation of China’s furniture edge banding industry standards, and achieving the highest national sales for ten consecutive years. Over 30 years of development, the brand has successfully upgraded from an edge banding sales champion to a whole-house system service provider encompassing decorative panels, edge banding, and home hardware. Amid the transformative challenges faced by the home building materials industry in recent years, HUAFULI has defied market trends with a robust growth of over 50%, demonstrating remarkable business resilience and market leadership.

During his opening speech, Mr. Xie Zhikun, CEO and Co-founder of Dongguan Huali Industries Co., Ltd., shared emotionally: “Thirty years ago, we started with a single edge banding strip, proactively formulating the industry standards for furniture edge banding in China and maintaining the number one sales position nationwide for thirty consecutive years. With this dedication, we successfully upgraded from a ‘single-product champion’ to a complete system covering decorative panels, edge banding, and home hardware. Even when the industry faced challenges recently, HUAFULI still achieved a 50% growth against the trend. In fact, our connection with Hong Kong began back in 2008 when we established a subsidiary here. Hong Kong people are extremely particular about home quality, placing special emphasis on eco-friendliness, moisture resistance, and health, which are precisely HUAFULI’s strengths. The ‘HUAFULI Hong Kong Home Art Gallery’ unveiled today is not just an ordinary showroom, but a home art gallery that offers peace of mind and lifestyle aesthetics. In the future, we will collaborate with all sectors in Hong Kong using solid products, a professional team, and localized services, opening a new chapter where quality and craftsmanship parallel each other—basing ourselves in Hong Kong, connecting with the Mainland, and radiating globally!”

Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli, Addresses Three Industry Pain Points, Eliminates Northbound Travel Hassles, and Sets a HK$100 Million Sales Target

In an exclusive media interview, Mr. Ken So, Sales Manager of the Hong Kong Region, Huafuli, deeply analyzed the business logic and localized strategy behind the brand’s entry into Hong Kong:

• Eliminating Cross-border Travel Fatigue to Significantly Boost Deal Success Rates: Mr. So pointed out that local interior designers and homeowners were often limited to brochure samples or had to endure tiring trips to Mainland factories to view actual materials. “We established ourselves directly in the core area of Lockhart Road, Wan Chai, building a 2,800 sq. ft. high-spec exhibition hall. Designers can now bring clients at any time to view 1:1 physical large panels and finished door-wall-cabinet displays. The art gallery does not retail directly to homeowners but serves as a shared design base for Hong Kong designers and contractors, addressing eco-concerns on the spot and significantly improving local designers’ deal success rates.”
• Insisting on a 100% Direct-Sale Model with Unified National Pricing—”Not a Cent Added”: Differentiating from traditional building material brands that rely on multi-tiered agents, Mr. So emphasized HUAFULI’s commitment to a direct-sale system: “Whether in the Mainland or Hong Kong, HUAFULI is directly operated by the group, ensuring high consistency in product quality, after-sales service, and pricing. Although we have set up a top-tier showroom in the prime location of Wan Chai and hired a star spokesperson, the panel prices remain unified nationally with the Mainland—’not a cent added’—truly yielding benefits to local partners with sincerity.”
• Eco-friendly Panels Replacing Traditional Laminates; Setting a HK$100 Million Sales Target: Mr. So analyzed that eco-friendly decorative panels are in a golden growth period in Hong Kong, gradually replacing traditional fireproof laminates and veneers. “We see massive market potential, and HUAFULI has set a target of achieving HK$100 million in sales in Hong Kong within 3 to 5 years! The Hong Kong market is strict and aligned with international standards. We are using Hong Kong as a touchstone and strategic hub for adapting to global standards, and will further expand into more overseas markets in the future.”
• Strong Supply Chain Backing to Achieve “Zero Minimum Order, Next-Day Delivery” Express Fulfillment: Relying on six major production bases in the Mainland (totaling 600,000 square meters) and a network of 14 branch warehouses, HUAFULI breaks the traditional months-long waiting period for imported building materials. It provides the local industry with a localized, one-stop delivery service characterized by “zero minimum order, zero inventory requirements, same-day response, and next-day delivery,” greatly alleviating the financial and warehousing pressures on local partners.

Global Debut of German-Japanese Nano-Microcrystalline EBH Technology; Dual Ultimate Eco-certifications Lead New Trends in HK Building Materials

With Hong Kong’s increasingly stringent requirements for green buildings, indoor air quality, and ESG standards, HUAFULI brings a high-specification product system suitable for the Hong Kong environment:

• Hong Kong Debut of the German-Japanese EBH Series: Combining German plasma spraying and Japanese precision light-curing technologies, this series boasts top-tier performance across six dimensions: anti-fingerprint (90% reduction), scratch resistance (2H+ hardness), anti-mildew and antibacterial (99.5%+), and yellowing resistance. Its surface presents an advanced, luxurious 5° matte gloss, perfectly adapting to Hong Kong’s humid climate.
• Dual Highest Eco-certifications: “ENF Grade + JIS JAS F4-star”: Showcasing top-tier eco-friendly panels (including Particle Board, Multi-layer Plywood, and Oriented Strand Board, etc.) that have comprehensively passed the dual certifications of the national highest environmental standard “ENF Grade” (formaldehyde emission ≤0.025 mg/m³) and Japan’s highest environmental standard “F☆☆☆☆ (F4-Star).”
• Recognized by the “Hong Kong ECO Mark”: The products have obtained the Hong Kong Green Label Scheme certification, achieving extremely low TVOC and formaldehyde emissions from the source. This directly addresses the pain points of Hong Kong’s indoor air quality and aligns with the high standards for ESG inspection by developers.
• Patented Laser Edge Banding 2.0 and colour matched door-wall-cabinet system: The entire series comes standard with the original factory’s seamless laser edge banding technology, achieving panel edge banding in-one. HUAFULI particularly advocates the “Integrated Door-Wall-Cabinet” concept, where interior doors, wall panels, and custom cabinets are all made from the same original factory batch of substrates with identical colors and textures. This achieves zero color difference and a highly unified whole-house aesthetics with perfectly extended textures, providing unparalleled one-stop quality solutions when paired with original factory moldings and hardware components.

Star Spokesperson Mr. Wayne Lai Yiu Cheung Attends the Event, Heavily Endorses Dual Ultimate Eco-friendliness at Contract Signing

The atmosphere at the grand opening ceremony was vibrant, with traditional auspicious lion eye-dotting and lion dance performances kicking off the splendid prologue for the “HUAFULI Hong Kong Home Art Gallery.” Brand Spokesperson Mr. Wayne Lai Yiu Cheung conducted a grand contract signing ceremony on site and joined management guests for a celebratory group toast and photo.

Hashtag: #HUAFULI

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

About HUAFULI

Founded in 1995, Huali Shares was listed on the main board of the Shanghai Stock Exchange in 2017 (Stock Code: 603038.SH). Starting from the field of decorative composite materials, the company has adhered to integrity and innovation, inherited the spirit of craftsmanship, and over the past 30 years, has developed into a comprehensive holding enterprise encompassing home building materials, smart water affairs, membrane filtration materials, and industrial digital intelligence businesses. It is committed to leading industry progress through high-level R&D, satisfying people’s aspirations for a better life through technological innovation, and empowering industrial upgrades through digital and intelligent technologies. Its home building materials business primarily focuses on edge banding, decorative panels, and home hardware, mainly used in panel furniture, interior decoration, and commercial space construction. It is the first domestic home materials manufacturing enterprise to break the German technological monopoly and possess independent intellectual property rights, and is the leading formulator of important industry standards for edge banding in China.

Deputy Prime Minister Ekniti Nitithanprapas outlined an investment-led blueprint anchored by an upgraded Joint Public Private Committee (JPCC), private-sector syndication, and World Bank alignment ahead of the 2026 Annual Meetings and 2028 ASEAN Chairmanship.

BANGKOK, THAILAND – Media OutReach Newswire – 7 September 2026 – Thailand is ready to cross into “new horizons” — achieving high-income status and driving a more resilient ASEAN, declared Deputy Prime Minister and Minister of Finance Dr. Ekniti Nitithanprapas as he delivered the closing address at the Bangkok Business Summit 2026 today,

Detailing the strategic “why, how, and design” of the national transition, Dr. Ekniti stated that entering new horizons is an unavoidable global imperative. While ASEAN is uniquely positioned to capture emerging opportunities, the region must guard against severe geopolitical, technological, and climate risks with proactive, unified action.

“The goals must be clear, and we are completely on the same page: Thailand must achieve high-income status,” said Dr. Ekniti.

“The recipe provided by the World Bank aligns directly with what our business leaders have outlined. An investment-led growth policy, private-sector-centred endeavours, and persistent implementation are what the government and business community are now executing together. Think of the seven new growth engines as our forwards on the pitch. The government acts as both coach and midfielder — spearheading investment, driving trade, empowering SMEs, unlocking regulatory friction, and cultivating human capital. Meanwhile, fiscal and financial stability serves as our steadfast defensive backline.”

Dr. Ekniti affirmed that the Joint Public and Private Committee (JPPC) will no longer function as a purely advisory body, but will operate as an executive economic steering council mandated to enact structural reforms and track execution against the World Bank’s recommendations.

“We will not be the same old Thailand. We will be driving the global agenda. Thailand will enter new horizons, empower people, and build resilience,” Dr. Ekniti emphasised. “In the next two years, Thailand will assume the Chairmanship of ASEAN. We will establish a long-term, multi-year agenda for a stronger, more resilient ASEAN. If this new model of public-private partnership carries on, we will decisively reinvent Thailand.”

Key leaders representing the Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) delivered strategic sector priorities to anchor the transition.

Payong Srivanich, Chairman of the JSCCIB and the Thai Bankers’ Association, underscored that reinventing the economy requires modernising legacy industries while creating space for future engines.

“From three core challenges – structural, competitiveness, and public-sector efficiency – came the White Paper outlining the seven industries of the future,” stated Mr. Payong. “This time, the government has presented a credible policy framework based on collaborative public-private partnership. Thailand must address fundamental security—whether in food, energy, or low-carbon growth. We are declaring to the world that we are done with planning and on the same page. Now we are geared up for execution.”

Dr. Poj Aramwattananont, Chairman of the Thai Chamber of Commerce and Board of Trade of Thailand, stressed that amid geopolitical friction, geoeconomics, and regional conflict, growth must be anchored in ASEAN’s 600-plus million people which serve as both supply and demand networks.

Adapting to international trading rules is inseparable from Thailand’s targeted accession to the OECD by 2028. The accession process acts as the structural catalyst to modernise domestic legislation, corporate governance, transparency, and fair market competition to premier global standards—lowering compliance costs and solidifying investor confidence.

Pimjai Leeissaranukul, Chairwoman of the Federation of Thai Industries, insisted that Thailand must build its own brand; it can no longer afford to be just the world’s OEM. She called for a decisive departure from labor-cost competition toward high productivity, automation, AI, and green sustainability. She advocated expanding target sectors—such as next-generation electric vehicles, smart electronics, automation, and wellness—while enforcing enhanced public procurement.

Carlos Felipe Jaramillo, Vice President for East Asia and Pacific at the World Bank, observed that the eyes of the financial world will be on Bangkok next month as it hosts the 2026 IMF–World Bank Group Annual Meetings, providing Thailand with a premier global stage to show that it is advancing on a credible pathway to attain high-income status by 2037.

“The World Bank has presented a series of structural reforms that Thailand can pursue to reach high-income status, creating more and better-paying jobs for young Thais in the future,” Mr. Jaramillo stated. “The plan deliberately puts the private sector at the center, because experience has taught us that the private sector is the primary engine of employment. This reform agenda is multifaceted, requiring coordinated national effort, and, more importantly, relentless persistence in implementation.”

The Bangkok Business Summit 2026 concluded with a clear consensus: today’s closing discussions mark the formal launch of sustained, institutionalised execution across the public sector, private enterprise, and multilateral institutions to ensure Thailand stands as a resilient economic anchor for the wider ASEAN region.

Hashtag: #JSCCIB

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

@hkfashionfest @hongkongfashioncouncil

HONG KONG SAR – Media OutReach Newswire – 5 September 2026 – The “Hong Kong Fashion Fest Gala 2026”, one of the eight flagship programmes of the third edition of Hong Kong Fashion Fest, was held on 3 September 2026. Sponsored by the Cultural and Creative Industries Development Agency (CCIDA) under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region, and organised by the Hong Kong Fashion Council, this year’s Gala was held under the theme, “Rhythm of the Heart”, the same theme of the third edition of Hong Kong Fashion Fest. The Gala brought together fashion, art and culture in a cross-disciplinary celebration. The opening ceremony was officiated by the Secretary for Culture, Sports and Tourism, Miss Rosanna Law, JP and the Hon Sunny Tan, BBS, Legislative Council Member (Textiles and Garment) and Chairman of the Hong Kong Fashion Council. marking the official opening ceremony of this much-anticipated annual event on Hong Kong’s fashion calendar.

Speaking at the Gala, the Secretary for Culture, Sports and Tourism, Miss Rosanna Law, JP, saying: “Building on Hong Kong’s unique kinetic pulse and East-meets-West synergy, and with the Government’s steadfast backing through the Cultural and Creative Industries Development Agency, our creative ecosystem is thriving. Within this dynamic landscape, fashion design stands as an indisputable driving force. The Hong Kong Fashion Fest continues to champion fashion as a profound art form and a canvas for self-expression — one that weaves together vision, culture, and history.”

Meanwhile, Hon Sunny Tan, BBS, Legislative Council Member (Textiles and Garment) and Chairman of the Hong Kong Fashion Council, extended his gratitude to the participating organisers and industry partners for their steadfast support, saying: “The third Hong Kong Fashion Fest reflects the collective commitment of the Government, CCIDA and industry to advancing Hong Kong’s fashion development. With creative talent, international connectivity and strengths across trade, tourism, finance, and textile and apparel, Hong Kong has every ingredient to grow as an international fashion hub for Asia.”

In addition, rising favourite by international brands, Jeffrey Ngai and the popular stylish film actress Louise Wong attended the occasion in glamorous style. They were joined on the red carpet by leading fashion influencers and celebrities from Hong Kong and around the world, including Ameera Khan, Fil Xiaobai, Hanan Besovic, Irene Kim, Susanna Lau and Elva Ni. The star-studded presence added glamour and energy to the gala, highlighting Hong Kong’s extraordinary position and appeal as an international fashion hub.

Hong Kong Ballet × Robert Wun:

A Groundbreaking Cross-Disciplinary Stage Experience

One of the key highlights of the Hong Kong Fashion Fest Gala 2026 was “Glam Rock”, a specially presented three-act ballet performance by Hong Kong Ballet. Taking an innovative and bold approach to ballet, the production reinterpreted the art form by seamlessly blending classical and contemporary dance. The performance was accompanied by iconic rock anthems from Queen, Depeche Mode, and the legendary Hong Kong band Beyond. The powerful rhythms and dynamic physicality of the dancers delivered an exhilarating and refreshingly unconventional experience for the audience.

The dancers performed in bespoke costumes designed by internationally acclaimed Hong Kong designer Robert Wun. Renowned for his cinematic and sculptural silhouettes and refined narrative-driven aesthetics, Wun’s designs became another visual highlight of the evening. Through “Glam Rock”, world-class choreography, avant-garde fashion and rock music converged into a wholesome and unique artistic expression, offering guests a profound stage experience that combined visual spectacle with cultural references. The production vividly embodied the urban rhythm and creative pulse at the heart of this year’s theme, “Rhythm of the Heart.”

“Top 10 Asian Designers to Watch” Fashion Show and Award Presentation:

Showcasing the Next Generation of Asian Fashion Talent

Another major highlight of the Hong Kong Fashion Fest Gala 2026 was the “Top 10 Asian Designers to Watch Fashion” Fashion Show & Awards Presentation Ceremony,” which showcased the exceptional craftsmanship and distinctive creative visions of ten outstanding designers from different parts of Asia. With a multitude of design languages and cultural sentiment, the showcase presented the dynamic multi-cultural fashion spectacle and forward-thinking approaches to fashion and aesthetics.

Sponsored by the Cultural and Creative Industries Development Agency (CCIDA), Fashion Asia Hong Kong’s “10 Asian Designers to Watch” programme is presented by the Hong Kong Design Centre. The programme is dedicated to discovering and promoting the next generation of Asian design talent, and to provide emerging designers with greater visibility, professional exchange and industry opportunities.

Hashtag: #HongKongFashionFest #香港时装荟 #CSTB #文化体育及旅游局 #CCIDA #文创产业发展处

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

About Hong Kong Fashion Fest

Announced by the Hong Kong Special Administrative Region Chief Executive in the 2023 Policy Address, “Hong Kong Fashion Fest” will be organised to develop Hong Kong into a fashion design hub in Asia. Through consolidating various fashion design events and introducing innovative elements and affiliate activities annually, the Hong Kong Fashion Fest promotes Hong Kong’s fashion and textile design brands and boosts Hong Kong’s position as a prime destination for hosting mega cultural and creative events. Under the theme “Rhythm of the Heart”, the third edition of Hong Kong Fashion Fest is being held from 1 to 14 September 2026 at various landmarks in Hong Kong. The event will bring together eight flagship programmes organised by six industry organisations and, for the first time, will be combined with CENTRESTAGE – the annual fashion extravaganza organised by the Hong Kong Trade Development Council – to generate stronger synergies. The event will attract fashion design industry players from all over the world to come to Hong Kong; foster collaboration, innovation and business opportunities; establish platform for local and international fashion designers and brands and connect with different sectors in the fashion design industry of Hong Kong, the Chinese Mainland and overseas, thereby consolidating Hong Kong’s position as the East-meets-West centre for international cultural exchange.

Website: www.hongkongfashionfest.com
Facebook: https://www.facebook.com/hongkongfashionfest
Instagram: https://www.instagram.com/hkfashionfest
YouTube: https://www.youtube.com/@hkfashionfest

About Cultural and Creative Industries Development Agency (CCIDA)
The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.

Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.

About Hong Kong Fashion Council
Established in 2024, Hong Kong Fashion Council is a not-for-profit representative body dedicated to uniting all fashion initiatives in Hong Kong to support the growth of the fashion industry. HKFC envisions Hong Kong as Asia’s leading international fashion hub, leveraging the city’s unique geographical and multicultural context to drive creativity, innovation, collaboration, and sustainability in fashion. Committed to supporting stakeholders throughout the entire fashion ecosystem, HKFC is building a collaborative network between the East and the West to showcase Asia’s vibrant fashion identity.

Facebook: https://www.facebook.com/hongkongfashioncouncil
Instagram: http://www.instagram.com/hongkongfashioncouncil
LinkedIn: https://www.linkedin.com/company/hongkongfashioncouncil/

The showcase connects creative imaging with everyday printing across instant cameras, photo printers, label makers and portable A4 printers.

BERLIN, GERMANY– Media OutReach Newswire – 4 September 2026 – The global debut of the EQ3 takes center stage in Hanin’s consumer printing showcase at Booth H20-139 during IFA Berlin 2026.

For many instant-camera users, the ideal experience sits between two worlds: the emotional pull of a large physical print and the control to shape an image before it leaves the camera. The EQ3 brings those ideas together in a square-format hybrid instant camera designed for users seeking larger instant prints.

The EQ3 draws on more than two decades of Hanin’s experience in printing technology. Today, more than 400 R&D professionals support a growing portfolio of products serving users across more than 100 countries and regions.

Edit In Camera. Print Only What Is Worth Keeping.
The EQ3 offers customizable filters, image adjustment and in-camera collage creation. Users can refine images before printing, helping reduce wasted prints without sacrificing spontaneity.

Its larger square format suits portraits and everyday scenes, while dye-sublimation printing produces durable photos. A removable battery makes replacement easier and supports longer use.

“The moment can be spontaneous; the print should be intentional,”said Shaowei Song, General Manager of Hanin’s Consumer Electronics Division. “EQ3 gives people the freedom to create first, then keep the moments that matter in a larger square format.”

The display also includes the Z1, Z2, M3, M5S, M6 and M6 Pro, spanning ZINK ink-free and dye-sublimation printing. Selected models offer built-in displays, reprinting and Bluetooth connectivity for app-based printing.

From Creative Imaging to Everyday Printing
Beyond instant cameras, the portfolio includes photo printers for smartphone images, label makers for homes and small businesses, and portable A4 printers for documents beyond the desk.

Together, the categories connect creative expression with everyday use and create opportunities for retailers, distributors and technology partners.

Booth: H20-139
Date: September 4-8, 2026

Explore Hanin’s consumer electronics portfolio

Hashtag: #Hanin

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

About Hanin

www.haningroup.com

Next-generation built-in oven features 350°C pizza cooking, an 81-liter capacity and smart connectivity ahead of its planned global launch in 2027.

BERLIN, GERMANY – Media OutReach Newswire – 2 September 2026 – Midea will showcase its new SpaceMaster Series built-in oven at IFA 2026 in Berlin, offering an early look at its next generation of smart kitchen appliances ahead of a planned global market launch in 2027.

At the core of the SpaceMaster Series is Midea’s Graphene Turbo Hot Air Technology, designed to deliver rapid and even heat distribution. Leveraging graphene’s high thermal conductivity, the heating system responds in as little as 0.2 seconds, enabling precise temperature control while reducing preheating time.

The technology also supports a dedicated 350°C pizza program. Combined with the included refractory pizza stone, the high-temperature cooking mode is designed to produce crisp, stone-baked-style pizza at home.

Key features of the Midea SpaceMaster Series include:

• Graphene Turbo Hot Air Technology: Rapid 0.2-second heating response for precise and energy-efficient cooking.
• 350°C Pizza Program: High-temperature cooking with a dedicated pizza stone for crisp, pizzeria-style results.
• 81-Liter Capacity: A spacious cavity supports simultaneous cooking across three levels with independent temperature control.
• Smart and Easy-Care Design: Dual self-cleaning, A++ energy efficiency, Midea SmartHome App connectivity, and compatibility with Google Home and Amazon Alexa.

The 81-liter oven is designed for households preparing multiple dishes at once, while its multi-level cooking system enables different foods to be cooked simultaneously with individual temperature settings. A dual self-cleaning system simplifies maintenance, while connected controls provide additional flexibility for everyday use.

“Cooking at home has become more than a routine task for many consumers; it is increasingly part of how people experience quality, creativity and enjoyment in everyday life,” said a Midea spokesperson. “With the SpaceMaster Series, we are combining advanced thermal technology with intuitive operation to make professional cooking capabilities, including 350°C pizza baking, more accessible in the home.”

Hashtag: #Midea

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

About Midea & Midea MOA

Midea is a global technology group ranked No. 246 on the 2025 Fortune Global 500 and No. 39 among the world’s most valuable technology brands in the Brand Finance Top 100 2026. Midea has ranked No. 1 globally in microwave appliances for 10 consecutive years (Euromonitor, 2016–2025). Its Microwave & Oven Appliance (MOA) division generated USD 3.05 billion in revenue in 2025.

Midea operates seven global R&D centers, holds more than 5,500 granted patents and serves markets in more than 160 countries and regions.

A distinguished leader who served as the 8^th Governor (Yang di-Pertua Negeri) of the Malaysian state of Penang, Tun Fuzi will advise IMA on its regional growth strategy, strategic partnerships, and institutional engagement as the Publisher accelerates the expansion of its leading business magazine title, The SmartInvestor (TSI) across ASEAN.

“Onboarding Tun Fuzi is a milestone not only for IMA, but Malaysia’s media publication industry. Undoubtedly a seasoned leader fortified by his long diplomatic career experience, we are confident that his strategic insights will pave the way for TSI’s stronger regional voice,” said CT Cheah, IMA’s Managing Director and TSI’s Managing Editor.

Currently, TSI has established its presence in Hong Kong in addition to Malaysia via its magazine content and dedicated website platforms. The publication also recently relaunched https://smartinvestor.com.my and https://smartinvestor.hk and is also in progress to rolling out its China website by the first half of 2027.

Beyond expansion plans, Tun Fuzi also shares a common vision with IMA in empowering communities through financial literacy as the partnership will kickstart initiatives to promote practical grassroots financial education, strengthen awareness on governance and regulatory compliance as well as encourage informed financial-decision making among communities, business and future generations.

“A well-informed society is fundamental to sustainable economic growth. I believe the media has an important role in promoting financial awareness, encouraging good governance, and connecting businesses and communities across borders. Working with IMA, I am committed to supporting its nation-building initiative of advancing financial literacy and responsible investment knowledge across ASEAN,” stated Tun Fuzi.

With its expansion strategy in place and leveraging on the new appointment, IMA is exploring new opportunities for regional collaboration to broaden its reach and relevance across Asia. At the heart of this ambition is a commitment of combining credible journalism with education, contributing to a more informed, resilient and inclusive society.

Hashtag: #InovatifMediaAsia #TheSmartInvestor #TunFuzi

https://smartinvestor.com.my

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

About Inovatif Media Asia (IMA)

Founded in 2002, IMA has built a reputation for producing high-quality business and lifestyle publications. Apart from its leading business magazine The SmartInvestor, the Publisher also owns titles including Calibre, FENG, The G.Mag and The Real Time.

With a new management onboard in 2023, IMA is slated to expand its regional presence for publications, business dialogues and cross-border collaborations.

Websites:
1.https://smartinvestor.com.my
2.https://smartinvestor.hk

The event gathered over 350 distinguished guests, including Sam Hou Fai, Chief Executive of the MSAR; Gan Siow Huang, Minister of State, Ministry of Foreign Affairs & Ministry of Trade and Industry; representatives from the Embassy of the People’s Republic of China in Singapore; members of the MSAR Government delegation; delegates from the Macao-Hengqin and Mainland China economic, trade, and tourism delegation; as well as representatives from Singapore’s political, business, cultural, tourism, and trade association sectors.

Sam Hou Fai stated that last June, coinciding with the 35th anniversary of the establishment of diplomatic relations between China and Singapore, Prime Minister Lawrence Wong made a successful visit to China. President Xi Jinping and Prime Minister Wong jointly charted the course for the stable and healthy development of China-Singapore relations in this new phase. He noted that leading the delegation to Singapore this time is both a concrete action to implement the important consensus reached by the leaders of both countries, and a key initiative for Macao to leverage its unique advantages, deepen and expand exchanges and cooperation with Singapore, and inject new momentum into China-Singapore relations.

This year marks the inaugural year of China’s “15th Five-Year Plan,” and to ensure seamless alignment and coordination, the Macao SAR Government recently promulgated the “Third Five-Year Development Plan for the Economic and Social Development of the Macao Special Administrative Region (2026-2030).” The key strategic deployments of the Plan focus on driving diversified economic development on a solid footing, with four major engineering projects and government-guided funds serving as the primary leverage, while deepening Macao-Hengqin integration to advance the high-quality development of the Guangdong-Macao In-Depth Co-operation Zone in Hengqin. Furthermore, the Plan aims to accelerate urban renewal to build a beautiful and smart Macao, alongside actively participating in the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to position Macao as a vital bridgehead for the nation’s high-level opening-up and an essential window for mutual learning and exchanges between Chinese and Western civilizations. Concurrently, Macao will actively establish a convenient and highly efficient public service system, fostering a world-class, market-oriented, law-based, and internationalized business environment to earnestly protect the legitimate rights and interests of all market entities and investors, thereby offering foreign investors a more attractive and reliable investment climate.

Gan Siow Huang remarked that Macao and Singapore have long maintained close and friendly relations, achieving fruitful cooperation in fields such as economy, trade, tourism, education, and cultural exchanges. Looking ahead, both sides can leverage their complementary strengths to further deepen cooperation in tourism and urban development, working together to seize new opportunities for regional development and economic growth.

Both Singapore and Macao have established internationally renowned tourism industries and destination brands, allowing the two regions to draw on each other’s experiences in crafting premium visitor experiences, developing integrated tourism products, and building vibrant, highly livable cities. Singapore looks forward to sharing practical experiences in tourism industry development with Macao and fostering productive partnerships between their respective business sectors. Furthermore, as enterprises in both regions value their domestic markets while increasingly casting their eyes on broader overseas opportunities, Singapore and Macao can serve as mutually trusted partners to bridge the markets of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Southeast Asia, supporting businesses from both sides in tapping into new opportunities and constructing robust cross-regional networks. At the same time, by pooling corporate strengths, both sides can carve out new avenues of growth in key economic sectors such as digitalization, innovation, sustainable development, and eldercare services.

Hashtag: #MSAR

https://www.ipim.gov.mo/zh-hant

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

The launch ceremony was officiated by key guests including Professor Sun Dong, Secretary for Innovation, Technology and Industry; Ms Cordelia Chung, Chairman of HKSTP; Mr Kelvin Choi, Permanent Secretary for Innovation, Technology and Industry; Mr Lyu Feng, Deputy Director-General of the Economic and Financial Department II of the Liaison Office of the Central People’s Government in the HKSAR; Mr Ivan Lee, Commissioner for Innovation and Technology; and Mr Terry Wong, Chief Executive Officer of HKSTP. They were joined by representatives and scholars from local and overseas universities, international research organizations, R&D centres, and industry partners to witness the launch of SEAM@InnoHK and explore its R&D roadmap and industrial application prospects.

Building a Flourishing Ecosystem to Empower R&D Commercialisation

As the largest I&T ecosystem in Hong Kong, HKSTP provides comprehensive professional support and resources to the R&D centres under SEAM@InnoHK. This encompasses world-class R&D infrastructure, seamless connections with academic institutions, talent pools, and investor networks, as well as matchmaking with funding and industry partners—empowering teams to transform breakthrough research into scalable, high-impact commercial solutions.

Ms Cordelia Chung, Chairman of HKSTP, said: “InnoHK has been with the Science Park for 5 years and this is the start of the second 5-year period. What we can see is that InnoHK has demonstrated the power of collaboration amongst world eminent scholars, researchers, and global partners. The first two clusters, Health@InnoHK and AIR@InnoHK have delivered world-class achievements. We commit to provide all the support we can to the InnoHK teams, as your success will add to the heartbeat of the ecosystem—not only for HKSTP, but for Hong Kong’s entire innovation landscape.”

Gathering Global Scientific Excellence to Drive Breakthroughs

The eight R&D centres under SEAM@InnoHK have brought together over 30 top global universities and research institutions, including the University of Cambridge, École Polytechnique Fédérale de Lausanne (EPFL), Nagoya University, National University of Singapore, Tsinghua University, and Peking University.

Notably, three R&D centres feature collaborations with Nobel Laureates: Professor Ben L. Feringa from the University of Groningen (2016 Nobel Laureate in Chemistry), who participates in the research at the InnoHK Centre of Functional Materials for Energy and Sustainability (CFMES); Sir Konstantin Novoselov, renowned as the “Father of Graphene” from the National University of Singapore (2010 Nobel Laureate in Physics), who serves as principle investigator for the Inno Centre for Heterogeneous Integration and Production (CHIP); and Professor Hiroshi Amano from Nagoya University (2014 Nobel Laureate in Physics), who participates in research at InnoHK Power Semiconductors and Applications Center (PowerSAC). This stellar international scientific lineup highlights Hong Kong’s unique advantages in assembling world-class research talent, fostering cross-border collaboration, and driving technological innovation, further consolidating its status as a global hub for research cooperation.

InnoHK is a flagship I&T initiative of the HKSAR Government aimed at developing Hong Kong into a global hub for scientific research cooperation. It encourages world-leading universities and research institutes to conduct collaborative research with local institutions by establishing R&D centres in Hong Kong. Together with “Health@InnoHK”, focusing on healthcare technologies and “AIR@InnoHK”, focusing on AI and robotics technologies, the three InnoHK research clusters will further enrich Hong Kong’s world-class scientific landscape, accelerating technology transfer, startup incubation, and the growth of the I&T industry.

Introduction to the Eight SEAM@InnoHK R&D Centres (For details, please refer to the Appendix):

• InnoHK Centre for Advanced and Smart Manufacturing (CASM): Lead global manufacturing toward Industry 5.0 by fusing AI, advanced materials, additive manufacturing and digital twins to create smart, sustainable, and human-centered solutions.
• InnoHK Centre of Functional Materials for Energy and Sustainability (CFMES): Advance breakthrough discoveries in functional materials to address bottleneck challenges related to energy and sustainability.
• InnoHK Centre for Heterogeneous Integration and Production (CHIP): Advance next-generation electronics through innovations in semiconductor equipment and material processing, with a focus on advancing heterogeneous integration technologies.
• InnoHK Centre for Space Manufacturing Technology (CSMT): Establish a world-class hub for international research collaboration in space manufacturing, integrating cutting-edge R&D in advanced materials and additive processes with demonstration and applied innovation in Hong Kong.
• InnoHK Hong Kong Center for Renewable Energy and Storage (HKCRES): Develop and integrate high-performance perovskite photovoltaics, green hydrogen systems, and next-generation batteries via an end-to-end innovation framework in Hong Kong.
• InnoHK Power Semiconductors and Applications Center (PowerSAC): Develop advanced power semiconductors, intelligent chips and system technologies for more efficient, compact and reliable power conversion.
• InnoHK Research Centre for Intelligent GRID and Energy Technologies (I-GET): Develop intelligent, green and transformative grid and energy technologies for resilient, efficient and carbon-neutral cities.
• InnoHK Sustainable Materials & Advanced Renewable Technologies (SMART Centre): Leverage artificial intelligence and smart automation technologies to accelerate materials discovery for circular waste upcycling, repurposing, and next-generation clean energy technologies.

Hashtag: #HKSTP

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About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 and has built a proven foundation as Hong Kong’s leading innovation and technology (I&T) ecosystem. Established for 25 years, HKSTP is supporting 14 unicorns, has nurtured more than 17,000 research professionals and built a community of over 2,400 technology companies from 26 countries and regions across four strategic technology clusters: Life and Health Technology, AI and Data Science, Micro-electronics, and New Energy and Green Technology.

As an ecosystem orchestrator, HKSTP provides end-to-end support to attract and nurture talent, accelerate commercialisation and help technology ventures scale. Its innovation infrastructure spans over 240 hectares covering Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long, advancing Hong Kong’s vision for new industrialisation and smart manufacturing.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen, strengthens cross-border collaboration by connecting Hong Kong, the Chinese Mainland and global innovation networks and propels Chinese innovators onto the world stage, while also delivering comprehensive GBA landing support to accelerate cross-border success for local and international ventures.

As HKSTP enters its next chapter with strong foundations, it continues to deepen impact, elevate quality and create value for innovators. As an ecosystem built to lead change, HKSTP is empowering Hong Kong to define what comes next in innovation, growth and opportunity.

More information about HKSTP is available at www.hkstp.org.

The product is a newly launched upgraded open-style model, designed specifically for large cats and multi-cat households, Equipped with a 16-sensor safety system, enhanced odor-sealing technology, and APP-based smart control, the X1 Max aims to address everyday pet care challenges through intelligent solutions.

Designed for Large Cats and Multi-Cat Households

X1 Max features a 60L interior space, accommodating large breeds such as Maine Coons and Ragdolls, allowing them to turn around freely and use the litter box comfortably. Paired with an 8L waste container, it significantly reduces cleaning frequency, making it particularly suitable for multi-cat households.

16 Sensors for Multi-Layer Safety Protection

The product is equipped with 16 sensors, including 4 weight sensors, 4 Hall effect sensors, 6 infrared sensors, and 1 current sensor. This system accurately detects when a cat enters or exits, and automatically stops the cleaning cycle upon detecting anomalies (such as a cat approaching or motor overload) to prevent safety risks like pinching.

Upgraded Odor Control – Sealed Deodorization & Silent Operation

The X1 Max utilizes a high-density brush seal that compresses waste securely, minimizing odor spread at the source. With an operating noise level below 32 decibels, it runs more quietly than a normal conversation.

APP Remote Control & Health Monitoring

The device connects via 2.4GHz Wi-Fi to a dedicated mobile application. Users can remotely set cleaning schedules, adjust cleaning modes, receive waste bin full alerts, and view each cat’s usage frequency and duration records – providing valuable data reference for pet health management.

Availability
Sales Platform: AliExpress–Redroad Store
Price: €185.39 (Reference price: €218.33),free shipping from France warehouse
Early Bird Limited Offer: 4 units only (at super low price)

BUY IT NOW:
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Contact Email: [email protected]

Hashtag: #Amicura

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About Amicura

Amicura develops smart pet devices focused on safety, functionality, and user convenience, offering reliable solutions for pet owners worldwide.

Partnered with CB Insights to unveil Hong Kong leads Asia and ranks fifth globally for high-potential start-ups, orchestrating the next era of global tech innovation

Key Takeaways:

• HKSTP’s 25^th Anniversary Prelude theme, “Innovation. Next by Nature.”, brings together great minds and bold ideas to inspire what comes next for Hong Kong’s innovation ecosystem.
• The CB Insights-HKSTP white paper ranks Hong Kong first in Asia and fifth globally, with a Mosaic score of 370 — a key indicator of high-potential ventures and future unicorns.
• The research highlights Chinese Mainland’s lead in Asia’s physical AI wave, as the region powers global growth in robotics and AI funding.

HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – The Hong Kong Science and Technology Parks Corporation (HKSTP) today officially kicked off its year-long 25th anniversary celebration with a landmark event “Together to NEXT”, bringing together Innovation and Technology Partners, Park Companies, industry leaders, academia and startups to mark a quarter-century of transforming bold ideas into global impact.

To commemorate this milestone, HKSTP unveiled its anniversary theme, “Innovation. Next by Nature.”, a vision that signals its evolution from ecosystem enabler to orchestrator of the next era of global innovation. HKSTP also announced the findings of a landmark study, “Inside Asia’s Fast-Track to Global Tech Scale,” conducted in partnership with the leading technology market intelligence firm CB Insights, revealing Hong Kong ranks first in Asia and fifth globally, with a Mosaic score of 370. Mosaic score is CB Insight’s proprietary and industry-recognised indicator of high-potential ventures and future unicorns, evaluating momentum, financing, market opportunity and leadership quality. Hong Kong’s top ranking among Asian markets reflects a concentrated pool of scale-ready ventures and highly-investable innovation.

Ms Cordelia Chung, Chairman of HKSTP, said: “For 25 years, HKSTP has driven I&T as Hong Kong’s economic engine. Across our 240-hectare infrastructure and service ecosystem—comprising Science Park, InnoCentre, three InnoParks, and our Shenzhen Park—we turn research into real-world impact. Looking ahead, our ‘What’s Next’ vision is built on four dimensions, ‘Broad and Deep, Far Yet Near’: Broad means building a diverse talent ecosystem where human minds leverage technology; Deep involves advancing tech-industry convergence; Far entails expanding our global footprint; and Near focuses on drawing the future nearer with immediate action. Our community is our heartbeat. Together, we must strengthen, enhance, and collaborate, harnessing Hong Kong’s unique advantages to shape a better future for all.”

To kick off this next era, HKSTP has partnered with CB Insights to launch a white paper titled “Inside Asia‘s Fast-Track to Global Tech Scale.“ The report shows how Asia is reshaping the global innovation playbook with a network of specialist clusters, each optimised for a different stage of the innovation journey and built for today’s multipolar market landscape. CB Insights is a global tech intelligence leader and predictive data platform trusted by Fortune 500 companies.

Mr Terry Wong, CEO at HKSTP, said: “Asia’s rising innovation power is rewriting the global innovation map. While Silicon Valley grew as a single, all-in-one hub, Asia, with the Chinese Mainland as a key technology engine, is evolving an accelerated and more specialised network for global innovation. Hong Kong’s role as a super connector and value-adder has never been more important as Asia sets a new benchmark for start-up ecosystems. As HKSTP steps up as an ecosystem orchestrator, we are connecting innovators with capital, talent, deep Mainland China links and trusted pathways to global markets.”

Other Key Report Findings:

• Chinese Mainland drives physical AI takeover
  Asia’s AI investment exploding as physical AI leads the way with robotics raising US$26.1B and AI infrastructure hit US$21.4 billion in 2025, outpacing generative AI and fintech. China dominates region with close to 100% of deals in emerging segments: robot/industrial humanoid robot foundation models, vision language and autonomous driving models.
• Asia‘s specialist hubs as accelerators of growth across innovation lifecycle
• Asia vies for global R&D lead to complement established manufacturing and consumer power
  The region’s global R&D expenditure surge from 24% in 2007 to 45% in 2024, according to WIPO, while already the dominant region for global manufacturing as well as driving global consumption with growing purchasing power with Asia’s GDP reaching 48.6 percent in 2025, according to Boao Forum for Asia (BFA).

HKSTP: Global I&T Ecosystem Orchestrator and Innovation Accelerator

HKSTP’s 25th anniversary signals a renewed mission to make Hong Kong the global heartbeat of what’s next in innovation and technology (I&T). As HKSTP approaches its 25th anniversary, the new brand theme, “Innovation. Next by Nature.”, positions HKSTP as inherently built to lead the change. The year-long celebrative campaign “25 to NEXT” starts from August 2026 to July 2027 with 25 high-impact activations and cultural moments.

Anchored by three core goals — The Next Habitat (cultivating an innovation culture by connecting ecosystem stakeholders with signature events), The Next Horizon (broadening perspectives through industry-guiding insights, including the landmark study in partnership with CB Insights and 25 KOL collaborations), and The Next Pinnacle (developing overseas delegations and platforms across international markets). The campaign positions HKSTP as a more connected engine and forward-oriented convener of talent, capital, infrastructure and partnerships across sectors and borders.

Since its establishment, HKSTP has grown into Hong Kong’s largest I&T ecosystem, driving breakthroughs across Life and Health Technology, AI and Data Science, Microelectronics and Advanced Manufacturing, and GreenTech and New Energy. As the ecosystem orchestrator, HKSTP is committed to powering Hong Kong’s rise as the international I&T hub, underpinned by leading critical partnerships across Hong Kong and beyond, attracting talent, engaging stakeholders, and building a connected, forward-looking I&T community for the next era of global innovation.
Hashtag: #HongKongScienceandTechnologyParksCorporation #HKSTP

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

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 and has built a proven foundation as Hong Kong’s leading innovation and technology (I&T) ecosystem. Established for 25 years, HKSTP is supporting 14 unicorns, has nurtured more than 17,000 research professionals and built a community of over 2,600 technology companies from 26 countries and regions across four strategic technology clusters: Life and Health Technology, AI and Data Science, Micro-electronics, and New Energy and Green Technology.

As an ecosystem orchestrator, HKSTP provides end-to-end support to attract and nurture talent, accelerate commercialisation and help technology ventures scale. Its innovation infrastructure spans over 240 hectares covering Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long, advancing Hong Kong’s vision for new industrialisation and smart manufacturing.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen, strengthens cross-border collaboration by connecting Hong Kong, the Chinese Mainland and global innovation networks and propels Chinese innovators onto the world stage, while also delivering comprehensive GBA landing support to accelerate cross-border success for local and international ventures.

As HKSTP enters its next chapter with strong foundations, it continues to deepen impact, elevate quality and create value for innovators. As an ecosystem built to lead change, HKSTP is empowering Hong Kong to define what comes next in innovation, growth and opportunity.

More information about HKSTP is available at www.hkstp.org.

• Jungheinrich marks 25 years of presence in Singapore, as country’s backbone for material flow of goods and a driver of sustainable intralogistics solutions, with more than 7,000 machines in the market and over 100 warehouse solutions implemented
• Jungheinrich Singapore established itself as one of the few full-liner suppliers of material handling equipment and solutions in the country, and the pioneer of electrification, with an estimate market share of 25% in electrified machines
• Milestone marked with an anniversary dinner on 28 August 2026, attended by Guests of Honour: Thomas Motak, Deputy Head of Mission of the Federal Republic of Germany to Singapore, and Nadine Despineux, Member of the Board of Management, Chief Sales Officer, Jungheinrich

SINGAPORE – Media OutReach Newswire – 31 August 2026 – Jungheinrich, a global leader in sustainable material handling solutions, celebrated 25 years of presence in Singapore as country’s backbone for material flow of goods and a driver of sustainable intralogistics solutions, with more than 7,000 machines in the market and over 100 total warehouse solutions implemented.

On 28 August 2026, Jungheinrich celebrated this silver jubilee with an anniversary gala dinner at Pan Pacific Orchard Singapore, graced by Guests of Honour: Thomas Motak, Deputy Head of Mission of the Federal Republic of Germany to Singapore, and Nadine Despineux, Member of the Board of Management, Chief Sales Officer, Jungheinrich, alongside key attendees such as, Manojit Acharya, Vice President – Asia Pacific & Managing Director, India, Benedict Kothe, Managing Director, Singapore and Malaysia, Jungheinrich, Jens Rübbert, President of the European Chamber of Commerce, Singapore, Soo Haw Yun, Vice President, Global Enterprises, Singapore Economic Development Board, and the various Jungheinrich teams, customers and partners in the APAC region.

A special toast was raised to mark Jungheinrich Singapore’s 25-year journey and its evolution into a strategic hub for Asia-Pacific (APAC). Established on 21 February 2001 as the first country unit in APAC, Jungheinrich Singapore is now part of a regional network spanning eight country units and 14 partner companies, supported by over 1,500 employees. The Singapore operation oversees key regional functions including training, automation, dealer management, sales, customer service and human resources, with the APAC spare parts distribution centre also based here.

Jungheinrich has also established itself as one of the few full-liner suppliers of material handling equipment and solutions in Singapore, offering warehouse trucks, racking, automation, digital solutions and customer service all under one roof. The Singapore team, comprising of 150 employees, works closely with Jungheinrich’s partners across APAC, supporting the company’s regional reach and market development.

Over the past 25 years, Jungheinrich Singapore has pioneered the adoption of electric material handling equipment in the country, with an estimated 25% share of the electrified machines market. Its team of 50 technicians strive to provide industry-benchmark service, supporting the logistics sector’s shift towards more efficient and professional operations. In recognition of its innovation and education initiatives, Jungheinrich Singapore was named Supply Chain Innovator of the Year (CSR) at the prestigious Supply Chain Asia Awards 2025, and has also achieved Great Place To Work® Certified™ status.

Notably, Jungheinrich Singapore was the first in APAC to open a Jungheinrich Experience Centre, established in May 2024, to showcase product innovation and illustrate how material flow interacts within a warehouse setting. The centre has since welcomed visitors including Kuehne & Nagel, Supply Chain Asia, the German Embassy in Singapore, and a slew of students from Republic Polytechnic (Singapore) and the University of St. Gallen (Switzerland).

Jungheinrich Singapore has also played an active role in supporting the local community, serving as the official logistics sponsor for the annual National Day Parade for 2 consecutive years in 2025 and 2026, deploying electric forklifts, pallet trucks and reach trucks to help distribute close to 250,000 fun packs to spectators. The organisation also donated warehouse trucks to support Willing Hearts and Food Bank Singapore in their operations, and provided pallet jacks and forklifts for the United Buddy Bears Exhibition at Gardens by the Bay in September 2025, which marked the 60th anniversary of diplomatic ties between Singapore and Germany.

Since 2024, Jungheinrich Singapore and Malaysia have jointly run the “The Environment Wins Twice” campaign with Animal Projects & Environmental Education (APE) Malaysia, planting a tree for every electric forklift sold, and as of 2025, 455 trees have been planted, turning each sale into a tangible contribution to reforestation while supporting Jungheinrich’s global sustainability commitments.

While Southeast Asia’s warehouse automation market is projected to nearly double from US$0.87 billion in 2025 to US$1.95 billion by 2032, and Singapore’s land and labour constraints driving to demand for smarter, space-efficient solutions, Jungheinrich sees significant opportunities for further growth in the region.

Looking ahead, Jungheinrich Singapore will focus on developing localised automation solutions, expanding the rollout of AntOn by Jungheinrich, and introducing sustainable material handling solutions tailored to customers across APAC. Building on the launch of its first electric van in July 2025, the organisation is also targeting a fully green-energy service fleet by 2030, supporting its commitment to Carbon Neutrality by 2030 for Scope 1 emissions.

“As we celebrate 25 years in Singapore, we are proud of the strong foundation we have built with 150 intralogistics experts who support our customers across industries. Our journey has been defined by innovation, partnership, and a commitment to improving material flow efficiency. Looking ahead, we remain focused on helping businesses enhance productivity, increase warehouse safety and quality, and achieve sustainable growth through advanced material handling solutions,” said Benedict Kothe, Managing Director, Singapore and Malaysia, Jungheinrich.

“We congratulate Jungheinrich on 25 years in Singapore. Over the years, Jungheinrich has grown its Singapore operations into a strategic APAC hub, driving initiatives such as automation, innovation, and sustainability. We look forward to deepening our partnership with Jungheinrich as it contributes to Singapore’s logistics sector and develops solutions for the region,” said Soo Haw Yun, Vice President, Singapore Economic Development Board.

As Jungheinrich Singapore enters its next chapter, the organisation remains committed to supporting customers’ growth with innovative, sustainable and increasingly automated material handling solutions.Hashtag: #Jungheinrich #Manufacturing #Logistics

https://www.jungheinrich.com.sg
https://sg.linkedin.com/company/jungheinrich-singapore
https://www.facebook.com/jungheinrichSG/
https://www.instagram.com/jungheinrich.sg/

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Jungheinrich Singapore

As one of the world’s leading providers of material handling solutions, Jungheinrich has advanced the development of innovative, sustainable products and solutions for material flows for more than 70 years. The family-owned, listed business generated revenue of €5.5 billion in the 2025 financial year with a workforce of over 21,000, and service and sales companies across 42 countries. In APAC, the company has established eight country units and over 14 partner companies, supported by over 1,500 employees. Established in Singapore in 2001, Jungheinrich Singapore marks its 25th anniversary in 2026 as the company’s strategic hub for the region.

Find out more at www.jungheinrich.com.sg.

LiDAR and camera vision in place of the buried wire and the RTK antenna — Booth CCBB-154, 4-8 September

BELIN, GERMANY – Media OutReach Newswire – 29 August 2026 – Xcanbot arrives at IFA Berlin 2026 with two machines on Booth CCBB-154: the XcanMow Mix 2000 robot mower, making its European debut, and the Mate X seated mobility robot. Demonstrations run daily, 4-8 September, at Messe Berlin.

Where robot mowers fail is rarely the open lawn. It is the narrow passage beside the house, the corner under a tree where satellite reception dies, the front garden the machine cannot reach. Wire-guided mowers need a cable buried around the whole plot. RTK mowers lose their fix under canopies and beside walls.

The Mix 2000 does without both. Its XcanSense system fuses LiDAR with camera vision to map the garden automatically on the first run, with no wire, no antenna, no base station and no boundary walk, and holds roughly 2 cm positioning accuracy in shade, beside walls and after dark.

It passes through gaps as narrow as 55 cm, climbs 25-degree slopes, clears 5 cm obstacles and covers up to 2,000 m² at around 180 m² per hour. Cutting height runs from 30 to 60 mm. It works at 61 dB, carries an IPX6-rated body, and ships with 4G, GPS, a rain sensor, a swappable battery and multi-zone mapping as standard.

“Every robot mower is advertised on the same flat, open lawn,” said Zhanbin Li, founder and CEO of Xcanbot. “We built the Mix 2000 for the garden with a narrow gate, a slope and a big tree. That is most gardens.”

The Mate X shares the stand: a seated mobility robot sold as consumer technology, driving itself to a chosen destination while watching 180 degrees ahead. It appears next at REHACARE International 2026, Düsseldorf, 23-26 September, Booth 1A57-3.

The Mix 2000 launches on Kickstarter later this year. Sign up at launch.xcanmow.com for launch notice and an early discount.

Hashtag: #Xcanbot

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About Xcanbot

Xcanbot develops consumer robotics for everyday life, including the Mate X smart mobility companion robot and the XcanMow Mix 2000 robot lawn mower.

Under the theme “The Dreamatic Circus”, DELF 2026 explores how artificial intelligence (AI), immersive technologies, and other innovations are transforming the cultural and creative industries while creating new opportunities for digital entertainment and smart living. Running for three days, the event features four themed experience zones: Digital Entertainment, Culture and Arts, Smart Living and Business, and Robotics and Drones, showcasing more than 35 technology exhibits and interactive experiences.

Highlights include the immersive art exhibition of Hong Kong animation IP Another World, AI-powered fashion innovations, combat robots, drone performances, screenings, workshops, and competitions, offering visitors first-hand experience of emerging technologies.

DELF 2026 brings together more than 60 industry leaders, creators, academics, experts, and investors from Hong Kong, the Mainland, and overseas. The programme includes keynote speeches and panel discussions on AI collaboration, intellectual property development, the creative economy, smart living, film, gaming, animation, and immersive technologies.

On the first day, Cyberport signed memoranda of understanding respectively with Alibaba Cloud, The Hong Kong Academy for Performing Arts, and Hong Kong Shue Yan University. The partnerships will promote AI innovation, art-tech development, entrepreneurship, skills training, and talent cultivation, further strengthening collaboration among industry, academia, and research sectors.

Over the next two days, DELF 2026 will continue with eVTOL flight demonstrations, esports experiences, AI creative learning programmes, and showcases of AI-assisted animation and film projects. A special “Play to Earn” campaign will also allow visitors to complete missions, collect rewards, and win exclusive Another World merchandise.

For more information, visit: https://delf.cyberport.hk/tc/index

Please click here to download high-resolution press photos.

Hashtag: #DELF

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

Challenger brand introduces autonomous, powered, completely mechanical cleaners built around a fundamentally different approach to hard-surface cleaning.

BERLIN, GERMANY – Media OutReach Newswire – 28 August 2026 – The vacuum cleaner has dominated hard-surface cleaning centuries. Today Hizero is bringing that era to an end.

At IFA 2026, challenger cleaning brand is unveiling a full portfolio of No-Suction™ hard-surface cleaners that clean without conventional suction, vacuum motors, or high-speed airflow.

Rather than making vacuum cleaners more powerful, Hizero is taking the opposite approach: removing the vacuum altogether.

The company’s patented No Suction Technology replaces conventional airflow-based cleaning with bionic materials, direct-contact cleaning, water absorption, and mechanical waste separation.

At IFA, Hizero is demonstrating how far the concept can go with two new products: GLIDE, a no-suction robot cleaner, and EAZY, a fully mechanical cleaner that requires no battery, charging, or electronic motor.

Together with Hizero’s existing hard-surface cleaning products, they represent the company’s ambition to establish No-Suction as a new category of cleaning.

The Vacuum Era Is Ending

For generations, the basic principle of floor cleaning has remained unchanged: use suction to lift, transport and collect dirt.

Even today’s wet-and-dry cleaners continue to rely on the same architecture, combining a powerful motor, high-speed airflow and a roller or wiping system.

Hizero challenges that assumption.

Its No-Suction approach is based on a simple proposition: hard surfaces can be cleaned without needing a vacuum.

At the heart of the system is Hizero’s proprietary bionic polymer Multi Roller. Rather than relying on suction to pull debris from the surface, the roller makes direct contact with the floor, capturing solid debris while absorbing liquid.

As it moves, the roller is continuously refreshed with clean water. An integrated scraper removes dirty water, while the cleaning system separates different types of waste.

The result is a fundamentally different cleaning architecture:

• No suction.
• No vacuum motor.
• No conventional exhaust airflow.

Instead, Hizero uses material science and mechanical engineering to do the work traditionally assigned to a vacuum motor.

No-Suction™ Goes Autonomous: Meet GLIDE

The Hizero GLIDE takes No-Suction technology to robot floor cleaning.

GLIDE combines app-directed navigation with Hizero’s No Suction Technology, allowing it to clean hard floors without relying on conventional vacuum suction.

Its polymer Multi Roller captures dry debris and absorbs liquid while being continuously rinsed during operation.

GLIDE also incorporates Triple Auto Waste Separation, which separates solid debris, liquid waste, and hair inside the machine.

That means the cleaning process is not simply about moving dirt into a container. The machine actively manages multiple waste streams as it cleans.

For consumers, GLIDE provides hard-floor cleaning with a smartphone tap.

For the appliance industry, its significance is more fundamental:

GLIDE is a robotic cleaner that eliminates the need for vacuuming.

No-Suction™ Without Power: Meet EAZY

At the opposite end of the technology spectrum is Hizero EAZY — demonstrating that No-Suction™ cleaning does not necessarily require any technology at all.

EAZY operates without a battery, charging system, or electronic motor.

A simple push-pull motion drives the cleaning process. A squeeze trigger dispenses clean water onto the polymer roller, which captures debris and absorbs liquid as it moves across the surface.

The internal mechanism separates solid waste from dirty water.

In a single continuous action, EAZY is designed to sweep, wash, and wipe hard surfaces.

• There is no motor to charge.
• No battery to replace.
• No vacuum to power.

Just mechanical cleaning.

The result is a remarkably simple approach with applications ranging from kitchens, patios and homes to commercial environments.

One Technology. A Growing No-Suction™ Ecosystem.

GLIDE and EAZY are not standalone experiments. The company’s portfolio now spans autonomous floor care, powered hard-surface cleaning, handheld applications, and purely mechanical cleaning.

Hizero’s bionic technology has also been evolved for applications beyond floors, including countertops, windows, mirrors, and other hard surfaces, with opportunities across residential, hospitality, and commercial environments.

Rather than competing to build the most powerful vacuum, Hizero is challenging the industry to consider whether a vacuum is even necessary.

Challenging the Cleaning Status Quo

“For more than a century, the industry has focused on making vacuum cleaning better,” said Sam Li, Founder and CEO of Hizero. “We decided to challenge the assumption behind it. What if you don’t need the vacuum at all? No-Suction™ is our answer. We believe hard-surface cleaning is ready for a fundamentally different approach.”

At IFA 2026, Hizero is inviting the appliance industry — and consumers — to look beyond suction.

Because the next generation of hard-surface cleaning may not be about more suction, more noisy power, or more complexity.

“We welcome people and businesses to a new future of no suction cleaning, which heralds the end of vacuuming as we know it,” says Sam Li.

Hashtag: #Hizero

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

Empowering SMEs and Working Professionals to Embrace AI and Foster Widespread AI Adoption in Hong Kong

HONG KONG SAR – Media OutReach Newswire – 28 August 2026 – The Hong Kong Productivity Council (HKPC) today held the Launching Ceremony of the “AI for All” Inclusive Programme, aligning with the National 15th Five-Year Plan and the “AI+” initiative, and supporting the HKSAR Government’s policies of “industries for AI, AI for industries” and “AI for All”. Coordinated by the Innovation, Technology and Industry Bureau (ITIB), the “AI for All” Inclusive Programme aims to promote the widespread adoption of AI across society. As one of the programme implementation partners, HKPC will lead the “AI with HKPC – Business Empowerment” sub-programme, focusing on practical business applications, talent development, and inclusive technology adoption. The initiative will provide targeted support to SMEs, professionals, labour groups, and underprivileged communities through a range of training courses, hands-on application programmes, and industry-academia-research collaboration, promoting AI literacy and the practical deployment of AI technologies.

Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry, officiated at the ceremony, joined by Mr Emil YU Chen-on, BBS, JP, Deputy Chairman of HKPC, and Mr Mohamed Butt, MH, Executive Director of HKPC. The event also brought together representatives from leading international and Chinese Mainland technology enterprises, chambers of commerce, and industry leaders, who shared successful case studies and practical insights, fostering collaboration across sectors to advance Hong Kong’s AI ecosystem.

Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry, said: “AI has become a key factor in global industrial upgrading and driving the development of the digital economy. Helping SMEs to achieve digital transformation and enhance competitiveness through AI is one of the focal points of the ‘AI for All’ inclusive programme. This time, HKPC as the third implementing organisation for the ‘AI for All’ inclusive programme, leverages its years of experience serving businesses to provide targeted and professional support to SMEs, helping them seize opportunities in the AI era. I hope that through the ‘AI for All’ inclusive programme, AI will not only serve as an empowering tool to enhance corporate value and competitiveness but also transform into a super dividend that benefits SMEs and the general public. Let ‘AI for All’ become Hong Kong’s vision for ‘Upgrading for All’ and ‘Opportunities for All’.”

Mr Emil YU Chen-on, BBS, JP, Deputy Chairman of HKPC, said: “AI should not be a privilege reserved for large enterprises. It should become a productivity tool that every business, every employee, and people from all walks of life can leverage. HKPC has long been committed to helping enterprises, particularly SMEs, enhance productivity, drive digital transformation, and convert innovative technologies into tangible business value. We focus on integrating AI technologies across different industries by providing practical, scalable and replicable solutions that support smart transformation. As one of the implementation organisations of the ‘AI for All’ Inclusive Programme, HKPC will centre its efforts on ‘AI with HKPC – Business Empowerment’, connecting Government, industry, academia, technology partners and social service organisations to help enterprises, SMEs, professionals and underprivileged communities acquire AI capabilities and transform AI into real productivity and business value, thereby advancing Hong Kong’s high-quality development and digital inclusion.”

“AI for All” Officially Launches with “Business Empowerment” Series to Drive Widespread AI Adoption

To advance the “AI for All” Inclusive Programme, HKPC has launched the “AI with HKPC – Business Empowerment” training series, centred on practical business applications. Through a two-year training and promotion programme, HKPC will work with technology companies, chambers of commerce, labour groups and community partners to help SMEs, professionals, working individuals, labour organisations, underprivileged groups and the general public acquire AI knowledge and application skills. The initiative aims to accelerate the adoption of AI and support digital and smart transformation across industries, sectors and communities through three key focus areas:

1. Business and Industry Upgrading: Through AI-focused programmes such as “AI+ Industry Boost Training” and “SME AI Connect”, enterprises can rapidly adopt AI technologies to enhance productivity and competitiveness. Key training topics include:

• Practical Applications of Generative AI: Learning how to use generative AI tools for content creation, data analysis, and workflow optimisation.
• AI Applications Across Industries: Exploring how AI enhances efficiency, optimises operations and drives innovation in sectors including education, healthcare, manufacturing, retail and logistics.
• AI Project Workshops: Providing hands-on experience in AI application development and implementation, enabling participants to integrate AI solutions into real business scenarios.

2. Human Resources and Leadership: HKPC will continue conducting the “Hong Kong Enterprise AI Application Trends Survey” and share insights through “AI Talent Winning Tips”, helping organisations understand AI talent management and application trends while preparing for future workforce needs. Key topics include:

• AI and Career Development: Examining the impact of AI on the future workplace and helping professionals understand emerging skills requirements.
• AI Talent Management and Application Strategies: Sharing successful corporate experiences and practical strategies for AI transformation and talent development.

3. AI for ALL: Through the free online learning platform “AI BiteClass”, HKPC will provide convenient AI learning resources for SMEs, professionals, senior citizens and underprivileged communities, enabling people from all backgrounds to access AI fundamentals and the latest application trends anytime, anywhere. Key topics include:

• Introduction to AI Fundamentals: Covering basic AI concepts, operating principles, common use cases and future trends.
• Getting Started with Generative AI: Introducing generative AI tools and their everyday applications.
• AI Ethics and Responsible Use: Building awareness of responsible AI adoption, including issues relating to data privacy, bias and transparency.

“AI BiteClass” Debuts at Launch Ceremony, Bringing Global Technology Expertise to Hong Kong

As part of the launch event, HKPC presented a live edition of the “AI BiteClass”, featuring experts from HKPC and leading global technology companies, including Amazon Web Services (AWS), Google Cloud, Huawei Cloud, Lenovo, Samsung, Tencent Cloud and Microsoft. The sessions shared practical AI techniques and real-world application cases tailored for SMEs. Through concise yet insightful presentations, the guest speakers highlighted the best practices and implementation strategies for AI, demonstrating how businesses can leverage AI to drive growth and enhance operational efficiency.

Looking ahead, the “AI BiteClass” will introduce a range of free online courses covering popular topics such as generative AI, AI agents, workflow automation, data analytics and enterprise transformation. Members of the public will be able to access practical AI learning resources at any time through the online platform or via iAM Smart.

HKPC has long positioned itself as a “technology adopter and enabler”, committed to helping enterprises transform innovation into tangible business value. Since 2024, HKPC has organised more than 600 AI training sessions, serving over 32,000 participants, including SMEs, large enterprises, HR professionals, industry leaders, students, educators and members of the public. These efforts have played a pivotal role in fostering a more competitive AI application ecosystem in Hong Kong.

A series of “AI with HKPC – Business Empowerment” activities will be rolled out progressively. Enterprises and members of the public are welcome to register via iAM Smart and stay updated on the latest programmes. Through collaboration with global technology enterprises, industry organisations and community partners, HKPC aims to bring AI into businesses, workplaces and communities, advancing the vision of “AI for All” while empowering enterprises and co-building Hong Kong’s intelligent future. For details, please visit: https://www.hkpcacademy.org/en/aiforall/

Please download the high-res photos HERE.

Photo Captions:

1. Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry of the HKSAR Government, delivers a speech at the ceremony, sharing the Government’s vision for advancing the “AI for All” Inclusive Programme, accelerating AI adoption and fostering innovation and technology development in Hong Kong.
2. Professor SUN Dong, JP, Secretary for Innovation, Technology and Industry of the HKSAR Government (middle), Mr Emil YU Chen-on, BBS, JP, Deputy Chairman of HKPC (left), and Mr Mohamed Butt, MH, Executive Director of HKPC (right) officiate the HKPC Launching Ceremony of the “AI for All” Inclusive Programme, jointly promoting AI literacy and application.
3. Mr Emil YU Chen-on, BBS, JP, Deputy Chairman of HKPC, says HKPC will help enterprises and talent master AI technologies through the “AI with HKPC – Business Empowerment” series, supporting the transition from AI awareness to practical application.
4. The “AI for All” Inclusive Programme attracts representatives from the business and innovation and technology sectors to explore the latest AI developments and application opportunities.
5. HKPC hosts an “AI BiteClass” sharing session on the day of the Launching Ceremony, inviting technology companies and industry experts to present practical AI experiences and success stories, helping enterprises enhance productivity and competitiveness through AI.

Hashtag: #HKPC

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

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.

Quarterly Profitability: A Rare Milestone in Hong Kong’s AI Sector

In capital markets, ambitious visions must ultimately be backed by real financial performance—and Deepexi’s interim results provide clear proof of execution.

For the first half of 2026, the company generated RMB 284.0 million in total revenue, marking a 115.0% year-over-year increase. Its AI business served as the primary growth engine, contributing RMB 226.0 million—an impressive 209.2% year-over-year surge—bringing AI revenue to 79.6% of total corporate turnover.

Even more noteworthy is the marked improvement in profitability. First-half gross profit reached RMB 160.0 million, up 120.5% year-over-year, with gross profit margin expanding to 56.5%. Crucially, during the second quarter of 2026, Deepexi posted a standalone quarterly net profit of approximately RMB 30.1 million, officially crossing the breakeven threshold.

In Hong Kong’s technology sector, pure-play enterprise AI companies capable of achieving quarterly net profitability while sustaining high R&D investment remain exceptionally rare. This milestone underscores Deepexi’s operational efficiency, scalable software delivery, and self-sustaining monetization engine.

This scarcity value is equally evident in the company’s revenue composition and vertical reach. Industrial manufacturing accounted for more than 50% of total revenue, while retail and consumer goods contributed 30%, alongside expanding footholds in healthcare and smart transportation. In manufacturing, for example, equipment troubleshooting and predictive maintenance involve dense engineering schematics, real-time IoT sensor telemetry, and extensive historical maintenance logs—all of which Deepexi translates into structured logic that AI models can readily interpret. This deep vertical expertise and proprietary data accumulation create a formidable competitive barrier that general-purpose AI vendors cannot easily match.

Beyond the “SaaSpocalypse”: Deepexi’s AI-Native Platform Defies the Software Valuation Reset

The first quarter of 2026 witnessed what market observers have dubbed the “SaaSpocalypse”—a tectonic shift in which approximately $2 trillion in market capitalization was erased from B2B software equities, driven by a fundamental fear that agentic AI would cannibalize the traditional per-seat licensing model. The iShares Expanded Tech-Software ETF (IGV) plunged nearly 21% year-to-date, and enterprise software multiples (EV/Sales) cratered from a 5.6x average at the end of 2025 to 4.2x by mid-March.

Investors have pivoted decisively toward AI-native infrastructure—companies that manage the data and underlying plumbing of autonomous systems—while penalizing traditional application-layer SaaS vendors reliant on human-centric interfaces. As a recent Windsor Drake analysis notes, “AI-native agentic platforms clear 14x to 22x revenue, with private rounds at 20x to 30x,” while legacy standalone RPA trades at just 2.5x to 5x. The market is now rewarding AI-native architecture and measurable workflow ownership.

Deepexi sits squarely on the winning side of this divergence. Unlike traditional SaaS vendors whose revenues are tied to human seat counts—and thus vulnerable to agentic displacement—Deepexi’s token-based, consumption-driven model aligns directly with the agentic AI future. The company’s DeepWorks enterprise Agent platform does not sell per-seat licenses; it sells AI productivity, enabling enterprises to deploy autonomous agents that replace repetitive administrative work, not software seats. As the market shifts from “AI as a feature” to “AI as a replacement,” Deepexi’s business model is structurally insulated from the seat-compression forces that have punished legacy software vendors.

Focus on Enterprise AI Applications and Proprietary Domain Data

To ensure AI truly meets real-world enterprise demands, generic foundational models are insufficient on their own. Deepexi’s core competitive edge lies in its specialized “Data + AI” dual-engine architecture, anchored by the FastData enterprise data intelligence platform, the FastAGI agentic AI suite, and the Deepexi Enterprise Large Model Platform, supported by its proprietary Deepology ontology dataset containing over 2,000 vertical industry skills.

At the foundational layer, the FastData platform—powered by the FastData Foil fusion engine—acts as an intelligent lakehouse that tokenizes structured, semi-structured, and complex unstructured enterprise data into standardized formats ready for large model training and inference. Building upon this data foundation, the FastAGI platform and DeepWorks Enterprise Agent Platform provide organizations with a flexible, modular AI operating system.

Featuring a pluggable architecture, the platform connects seamlessly to leading open-source foundation models such as DeepSeek and Zhipu AI, giving enterprise clients complete autonomy while eliminating vendor lock-in. This “model-agnostic” approach is a key differentiator in an environment where enterprises increasingly demand flexibility to choose the best model for each use case, rather than being locked into a single provider.

Through native Model Context Protocol (MCP) frameworks and specialized agents—ranging from operational decision-making agents to productivity and autonomous workflow execution agents—Deepexi embeds intelligence directly into core business operations. DeepWorks is fully integrated with mainstream workplace collaboration suites such as DingTalk, Feishu, and Tencent Meeting, allowing employees to summon AI copilots directly for automated weekly reporting, data synthesis, and cross-departmental coordination—effectively turning AI into an indispensable daily productivity tool.

In an enterprise AI market where 42% of organizations already have AI agents in production and 72% are deploying across production and pilots combined, Deepexi’s proven, governed agentic workflows are no longer an experiment—they are core infrastructure.

Strategic Partnership with Huawei Cloud: Tackling Compute and Data Bottlenecks

In the commercialization of enterprise AI, computing costs and access to high-quality domain data represent two of the industry’s most critical bottlenecks. On August 12, Deepexi announced a strategic alliance with Huawei Cloud to jointly launch enterprise data intelligence solutions, providing strong operational backing for the company’s long-term expansion.

The partnership combines the complementary strengths of both technology leaders. Huawei Cloud provides underlying Ascend AI computing clusters and distributed cloud infrastructure, while Deepexi brings its deep expertise in enterprise data governance, data tokenization, and vertical AI agent deployments. By integrating with Huawei’s domestic Ascend compute clusters, Deepexi not only secures stable, long-term computing power but also significantly drives down token processing costs. This cost efficiency establishes ideal conditions for exploring usage-based, token-metered commercial billing models—precisely the kind of consumption-based pricing that aligns with the agentic AI future.

Crucially, falling AI costs are widely expected to accelerate enterprise adoption of autonomous agents. Deepexi’s partnership with Huawei Cloud positions the company to capture this demand wave with a cost structure that improves as token volumes scale—a powerful margin-expansion dynamic that stands in stark contrast to the fixed-cost burden of traditional SaaS.

Strong Institutional Backing Highlights Long-Term Investment Value

Reflecting strong capital market confidence, Deepexi announced on August 17 the successful placement of 14,286,000 new H-shares at HK$35.00 per share, raising net proceeds of approximately HK$488.0 million. Successfully closing a sizeable placement amid broader market volatility demonstrates strong institutional recognition of Deepexi’s proven business model, robust unit economics, and profitability trajectory.

The company’s strategic shareholder structure provides a solid foundation for long-term growth. It is supported by prominent independent investors, including Hillhouse, 5Y Capital, and BAI, as well as industry-focused investors such as Shanghai AI. These partnerships enhance Deepexi’s industry reputation, drive technological innovation, and strengthen its market competitiveness.

The newly raised funds are earmarked primarily for continuous R&D in next-generation enterprise agent systems and token productivity platforms—positioning the company to capture the $206.5 billion AI agent software market projected for 2026, which Gartner expects to grow to $376.3 billion in 2027.

Investment Thesis: Why Deepexi Stands Apart

1. AI-Native Architecture in an Agentic World. Unlike legacy SaaS vendors facing seat compression, Deepexi’s token-based model is structurally aligned with the agentic AI future. The company doesn’t sell software seats—it sells AI productivity.

2. Rare Profitability in Enterprise AI. Quarterly GAAP profitability at a 56.5% gross margin, with projected revenue CAGR of 95.5% through 2027, places Deepexi among the most financially disciplined enterprise AI companies globally.

3. Model-Agnostic, Vendor-Neutral Platform. In an environment where enterprises demand flexibility, Deepexi’s pluggable architecture—supporting DeepSeek, Zhipu, and other open-source models—eliminates lock-in and captures value regardless of which foundation model wins.

4. Proprietary Data Moat. With over 2,000 vertical industry skills and deep expertise in manufacturing, retail, healthcare, and transportation, Deepexi’s domain-specific data capabilities create barriers that general-purpose AI vendors cannot replicate.

5. Strategic Compute Partnership with Huawei Cloud. Long-term, cost-effective compute access, combined with token-metered pricing models, positions Deepexi for sustained margin expansion as token volumes scale.

6. Institutional Validation. Backing from top-tier investors and a successful HK$488 million placement amid market volatility signal strong institutional confidence in Deepexi’s business model and growth trajectory.

The enterprise AI market has decisively shifted from early conceptual exploration into a new era of commercial execution and tangible financial delivery. Backed by mature product suites across FastData and FastAGI, proprietary vertical ontologies, strategic cloud partnerships, and an official transition to net profitability, Deepexi Technology has proven that enterprise AI can deliver both transformative technology and sustainable profits.

Hashtag: #DeepexiTechnology

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

About Deepexi Technology

Deepexi Technology is China’s leading provider of enterprise large model AI application solutions. Through its FastData enterprise data intelligence solution and FastAGI enterprise AI solution, it empowers enterprises to integrate their data, decisions and operations efficiently at scale. Deepexi ranked fifth in China’s enterprise large model AI application solution market in terms of revenue in 2024. Its solutions have achieved large-scale commercialization across multiple verticals, including consumer goods, manufacturing, healthcare and transportation. As of June 30, 2025, Deepexi Technology served a cumulative total of 283 enterprise customers across various industries.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. The company undertakes no obligation to update any forward-looking statements.

The Group continued to accelerate the large‑scale commercial deployment of its AI capabilities, building system‑level AI capabilities around the framework of “one model system, one Token Factory, and one Agent Harness” to advance AI from intelligence generation toward end‑to‑end task execution and transform these capabilities into scalable commercial value.

Dr. Xu Li, Chairman of the Board and CEO of SenseTime, said: “SenseTime’s three-pillar core capability framework, built around ‘one model system, one Token Factory, and one Agent Harness’, uses a unified model system to continuously push the boundaries of intelligence, leverages infrastructure and optimization capabilities to reduce Token costs and strengthen cost‑based pricing power, and deploys agents deeply integrated into enterprise and individual workflows to deliver complete task execution capabilities. This framework enables SenseTime to move beyond pure price competition and create sustainable commercial value through differentiated technologies and services. At the same time, it allows us to expand our user base, drive recurring revenue growth, and lay a solid foundation for the Group’s high‑quality development.”

One Model System: Advancing Native Multimodal Intelligence and Long‑Horizon Agents with Global Leading Performance

In 2026, SenseTime released a series of models at a rapid pace, spanning native multimodal unification, visual perception and reasoning, controllable generation, long‑horizon agents, spatial intelligence, and physical world models. These included the NEO‑Unify architecture; SenseNova U1, U1.5 and U1.5‑Lite; SenseNova Vision; the office‑focused multimodal agent SenseNova 6.8‑Flash‑Lite; the content creation model SenseNova U1‑Pro; the spatial intelligence model SenseNova SI‑8B; and the Kairos 3.1 world model co‑developed with Ace Robotics. Across multiple core benchmarks, these models matched or outperformed leading international models, including Gemini, GPT, and DeepSeek. Less than four months after the U1 series was open‑sourced, the three projects had collectively garnered more than 11,000 stars on GitHub.

SenseTime is advancing from digital intelligence toward physical AGI through the closed‑loop framework of “architectural innovation, system capabilities, and high‑value delivery,” continuously translating technological breakthroughs into real-world applications and commercial value.

Token Factory: Upgrading from Compute Provisioning to Scaled Intelligence Production

SenseTime’s SenseCore is evolving into a production‑oriented Token Factory. Through integrated model and infrastructure optimization, as well as capabilities in model adaptation, inference optimization, heterogeneous scheduling, energy management and global service delivery, the Token Factory not only expands Token output and lowers unit costs, but also continuously enhances the reasoning, understanding, generation, and execution capabilities embedded in each Token.

In July 2026, SenseCore delivered an average daily Token service volume of 2.4 trillion, representing a YoY increase of approximately 22 times. As of the date of this announcement, the Group’s total deployed computing power had reached 48,000 Petaflops (P).

The Token Factory provides strong support for SenseTime in advancing the performance boundaries of its foundation models and scaling their commercial deployment. It has tripled the training speed for long‑context Agent models, increased image and video generation efficiency sixfold, improved reinforcement learning training efficiency, and shortened the cycle from model R&D validation to large‑scale deployment to just one week. In addition to supporting the SenseNova foundation model, the Token Factory now serves four external foundation model providers, establishing differentiated capabilities across high‑complexity computing domains, including AI for Science (“AI4S”), video generation, embodied intelligence, world models, and city‑level intelligent applications.

In addition, the Group remains committed to advancing the domestic compute ecosystem, increasing the MFU (Model Floating‑Point Utilization) of mainstream domestic chips by up to 2.5 times compared with the baseline levels established by chip manufacturers. SenseNova U1 has achieved Day 0 adaptation across more than ten domestic chip platforms.

Through compute‑energy synergy, the Company continues to reduce the unit cost of intelligence. During the Reporting Period, its Compute‑Energy Synergy Agent achieved load forecasting accuracy of 96% and generated cumulative electricity cost savings of more than RMB12 million. For every 10,000P of computing power, annual carbon emissions were reduced by 24,000 tons.

Agents Accelerate Adoption Across Enterprise and Consumer Markets, Delivering Value Through Workflow Integration and Enhanced Everyday Experiences

Building on its model and Token capabilities, SenseTime connects models, knowledge, tools, and workflows through a unified Agent Harness, transforming underlying AI capabilities into end-to-end task delivery solutions for enterprise and individual users.

The Group’s agents are rapidly expanding across both enterprise and personal workflows. During the Reporting Period, they served more than 1,000 enterprise customers across over 20 key industries, including education, government, marketing, logistics, banking, and insurance. The Office Agent, Raccoon, has served major enterprises including Lenovo, Ping An Technology, China’s three major telecommunications operators, JD.com, and Kylin Software. Total users increased more than fivefold YoY, enterprise users grew more than sixfold, and monthly active users on the cloud platform increased nearly tenfold. In addition, the video‑generation agent Seko reached a daily video production volume of 10,000 minutes. Content created on the platform has amassed an estimated 1.5+ billion views across short‑video platforms, including 10 short-form dramas that have each surpassed 100 million views. AI productivity solutions are also expanding beyond large organizations to serve smaller teams and One‑Person Companies (OPCs). In the consumer market, the Kapi series of agents, covering use cases such as health, finance, and content creation, has surpassed 45 million cumulative users.

Computer Vision remains a strategic gateway for the Group’s expansion into industry verticals and overseas markets. During the Reporting Period, revenue from the business reached RMB500 million, accounting for approximately 17% of the Group’s total revenue. The business extended across more than 20 countries and regions and served more than 4,500 customers worldwide, with recurring customers contributing 67% of revenue.

Bridging Digital and Physical Intelligence, Unlocking Ecosystem Value

SenseTime continued to invest in frontier areas, including world models and embodied intelligence, intelligent terminals, smart healthcare, and chips. The increase in the valuation of certain AI ecosystem investments generated fair‑value gains, contributing to the Group’s first‑ever IFRS profit and reflecting the gradual realization of financial value from our ecosystem assets. Beyond short‑term investment returns, the more significant long‑term value of these ecosystem investments lies in enabling the Group gain early access to frontier domains, continuously acquire real‑world tasks, data, and feedback, and further strengthen SenseTime’s unified multimodal models and system‑level delivery capabilities.

SenseTime is deepening its “Three-pillar Framework”: one model system to raise the ceiling of intelligence and expand agents’ ability to handle complex tasks; one Token Factory to improve quality and efficiency, reduce costs, and enhance global delivery capabilities; and one Agent Harness to integrate multimodal models with the Token Factory, enabling AI to complete end‑to‑end tasks in real-world scenarios.

Looking ahead, SenseTime will continue to advance the iteration of multimodal agents, driving the evolution of the Token Factory from pricing based on Token volume to pricing based on task outcomes. The Group will also deepen the application of multi‑agent collaboration across enterprise, individual, and OPC workflows, delivering efficient and reliable productivity solutions to users.

Hashtag: #SenseTime

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

About SenseTime

Founded in 2014, SenseTime is a leading artificial intelligence (AI) software company, committed to its mission of “creating a better AI-empowered future through original innovation”. The Company continues to lead cutting-edge AI research while accelerating the large-scale commercialization of AI technologies.

Leveraging deep academic expertise and strong in-house innovation capabilities, SenseTime continues to enhance its industry-leading multimodal, multi-task general AI capabilities, while fostering a vibrant developer ecosystem through structured open-source initiatives.

SenseTime’s business spans Generative AI, Vision AI, and emerging innovation-driven segments. Underpinned by SenseCore, its next-generation AI infrastructure, the Company integrates computing power, algorithms, and platforms to enable scalable AI deployment. Building on this foundation, SenseTime has developed the SenseNova foundation model series, delivering cost-efficient capabilities across a wide range of general AI tasks. SenseTime continues to lead the global Vision AI market, ranking No.1 worldwide by market share. Its SenseFoundry platform integrates years of accumulated computer vision expertise with advanced multimodal foundation models, providing stable and efficient Vision AI solutions to industries worldwide.

SenseTime is listed on The Stock Exchange of Hong Kong, with operations spanning more than a dozen countries and regions.