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At the center of VinDynamics’ showcases is Dyno, an intelligent humanoid robot designed to serve as a versatile assistant for modern living environments. Equipped with an advanced AI platform and a highly responsive environmental sensing system, Dyno is optimized for security and surveillance applications across urban areas, campuses, and integrated service complexes. The robot is also being developed as a household assistant capable of supporting a wide range of everyday tasks through its flexible arm span and dexterous object manipulation capabilities.

A key highlight at both ICRA 2026 and Computex 2026 is Dyno’s live demonstration as a robotic guide. The humanoid robot was previously piloted at Vinpearl Safari Phu Quoc, one of Vietnam’s largest semi-wildlife conservation parks. Operating in a demanding outdoor environment, Dyno demonstrated natural communication abilities, multilingual narration, and flexible responses to visitors’ questions, delivering a distinctive and engaging guest experience.

The pilot program at Vinpearl Safari showcased Dyno’s adaptability in real-world service scenarios and highlighted the potential of humanoid robots across tourism, hospitality, and customer service applications. Its ability to operate reliably in real-world environments, handle dynamic situations, and interact directly with people represents an important step toward future commercial deployment of humanoid robotics.

At both events, VinDynamics is also presenting a comprehensive robotics technology ecosystem developed by its team of Vietnamese engineers. In addition to the fully-integrated Dyno humanoid robot, the company is showcasing two high-value core components: a specialized actuator system and a robotic hand with internationally-benchmarked dexterity. VinDynamics is also introducing a dedicated AI training dataset optimized for real-world application scenarios.

Mastering the entire humanoid robotics value chain, from hardware to software and from mechanical design to artificial intelligence, stands as clear evidence of the research and development capabilities of Vietnamese engineers. VinDynamics’ efforts also provide a strong foundation for its global expansion strategy and long-term technology partnerships with leading technology corporations, research institutions, and international enterprises in robotics and AI. These initiatives will gradually position humanoid robotics developed by Vietnamese engineers more deeply within the global technology value chain.

Mr. La Manh Hung, Chairman of VinDynamics, said: “The introduction of Dyno at ICRA 2026 and Computex 2026 is not only an important milestone for VinDynamics but also reflects the aspirations of Vietnamese engineers to contribute to one of today’s most advanced technology fields. With the belief that humanoid robots will play an increasingly important role in daily life, VinDynamics is focused on developing practical technologies with people at the center.”

Founded in September 2025, VinDynamics is Vingroup’s pioneering humanoid robotics company, with a vision to develop versatile, human-centric robots capable of seamlessly integrating into everyday life and scaling globally. As the global humanoid robotics market is projected to reach tens of trillions of dollars by 2050, driven by rapid advances in AI, sensors, and automation, VinDynamics’ presence at ICRA 2026 and Computex 2026 further reinforces the pioneering role of Vietnamese enterprises in one of the 21st century’s most strategic technology trends.

Hashtag: #VinDynamics

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

About VinDynamics

VinDynamics is a technology company under Vingroup, dedicated to the research, development, and manufacturing of advanced robotics and automation solutions, particularly in the field of humanoid robots. Leveraging cutting-edge technologies such as artificial intelligence, mechatronics, and motion control, VinDynamics aims to deliver intelligent, safe, and cost-effective robotic products that enhance productivity and improve quality of life.

Learn more at: https://vindynamics.net/en

The May figure, based on provisional operational data for the month ended 31 May, came against a monthly target of 66.28 million tonnes. Coal offtake, the volume supplied to power utilities and other customers, rose 2.26 per cent to 66.18 million tonnes, showing that dispatches continued to outpace production as the company worked down inventories rather than pushing output at full pace.

The fall marks the second straight month of reduced production after April output dropped 9.7 per cent to 56.1 million tonnes. The pattern points to a deliberate balancing act by Coal India, which remains central to electricity security but is also facing the consequences of heavy stock accumulation at mines and the growing role of solar, wind, hydro and nuclear generation in meeting demand.

Coal India, through its subsidiaries, accounts for about four-fifths of domestic coal output. Its production in the first two months of the 2026-27 financial year stood at 112.19 million tonnes, below the target of 127.85 million tonnes. The company’s annual production target for the year is 815 million tonnes, a demanding goal at a time when the power market is becoming more seasonal and less dependent on continuous coal expansion.

Demand for coal has not collapsed. Peak electricity demand touched a record level of about 270.8 gigawatts in May as a severe heatwave lifted cooling needs across several regions. Coal-fired plants remain the backbone of the grid, generating more than 70 per cent of electricity despite the rapid expansion of non-fossil capacity. Yet the pressure on Coal India is no longer simply to mine more. It is to supply coal to the right locations at the right time while avoiding excessive stock build-up at pitheads.

Inventories have become a key concern. Coal stocks across the system stood at about 168 million tonnes in late May, including 47.6 million tonnes at power plants and 113.5 million tonnes at Coal India mine-heads. The company has said those reserves are enough for 19 days of consumption. Mine-head stocks were about 10 per cent higher than a year earlier, creating operational and financial incentives to moderate production while dispatches catch up.

The May subsidiary-wise data showed a mixed picture. Mahanadi Coalfields produced 14.26 million tonnes, about 20.1 per cent lower than a year earlier, while Northern Coalfields fell 23.69 per cent to 9.47 million tonnes. Bharat Coking Coal declined 25.51 per cent to 2.28 million tonnes. Western Coalfields dropped 8.4 per cent and Eastern Coalfields was down 3.63 per cent. South Eastern Coalfields was the exception, increasing output 4.53 per cent to 14.42 million tonnes, while Central Coalfields edged up 0.44 per cent to 6.2 million tonnes.

The company’s offtake profile was more resilient. Mahanadi Coalfields dispatched 18.34 million tonnes in May, up 5.77 per cent, while Central Coalfields rose 17.45 per cent and Eastern Coalfields gained 6.48 per cent. South Eastern Coalfields increased dispatches by 3.18 per cent. The weaker areas included Bharat Coking Coal, where offtake fell 16.16 per cent, and Northern Coalfields, down 8.44 per cent.

The wider power sector is changing quickly. Non-fossil fuel capacity reached 283.46 gigawatts by the end of March, including 150.26 gigawatts of solar, 56.09 gigawatts of wind, 51.41 gigawatts of large hydro and 8.78 gigawatts of nuclear power. Renewable energy additions in 2025-26 were driven mainly by solar, which has become a significant contributor during daylight peaks. Even so, the grid still leans heavily on coal after sunset and during periods when renewable output weakens.

That split has created a more complex operating environment. Coal India is being asked to ensure reliability during heatwaves, support power plants with low stocks and maintain supplies to non-power consumers, while policymakers are also pushing cleaner energy, storage and transmission upgrades. The result is a coal market where peak demand can be exceptionally strong even as average growth in coal consumption becomes less predictable.

Shares in Masayoshi Son’s technology investment group surged in Tokyo trading, lifting its market value to about ¥47.2 trillion, or roughly $296 billion, ahead of Toyota’s ¥45.7 trillion after the carmaker’s stock fell nearly 5 per cent. The move placed SoftBank at the top of Japan’s corporate valuation table for the first time in more than two decades and added momentum to a Nikkei 225 rally that pushed the index above 67,000.

The change is more than a stock-market milestone. It reflects how the AI boom has reshaped capital allocation in Japan, where investors are assigning higher value to companies with exposure to semiconductors, data centres, power infrastructure and generative AI platforms. Toyota remains one of the world’s largest and most profitable carmakers, but its valuation is now being weighed against a slower earnings outlook, tariff pressure, currency swings and the heavy cost of electrification.

SoftBank’s advance has been driven by a powerful combination of portfolio gains and expectations that its AI-linked holdings could generate fresh liquidity. The group’s exposure to Arm, the British chip-design company it took public in 2023, has become a key pillar of its market value. Arm’s technology is used widely across smartphones, cloud computing and increasingly AI-related chips, giving SoftBank a central position in the semiconductor supply chain.

OpenAI has become the second major driver of investor attention. SoftBank has committed tens of billions of dollars to the ChatGPT developer and is positioning itself as a core financier of AI infrastructure. Expectations that OpenAI could move towards a public listing have intensified interest in SoftBank’s asset base, even as analysts continue to debate how much of the group’s valuation depends on private-market pricing and future monetisation.

The latest surge followed SoftBank’s plan to invest up to €75 billion in AI infrastructure in France, including data centres and power-intensive computing capacity. The first phase is expected to involve about €45 billion of investment to build 3.1 gigawatts of capacity by 2031, with further expansion potentially taking the total to 5 gigawatts. The project places France at the centre of Europe’s push to develop sovereign AI infrastructure, helped by its nuclear-heavy power system and available industrial sites.

SoftBank is also moving to create public-market vehicles around AI infrastructure. SB Energy, its power and data-centre platform, is preparing for a potential US listing and has been linked to a valuation above $50 billion. The company is involved in large-scale power projects designed to support AI workloads, including a 1.2-gigawatt data-centre development in Texas. A separate robotics venture, Roze, is also being prepared for a possible listing, highlighting SoftBank’s attempt to build an ecosystem around energy, construction automation and computing capacity.

Toyota’s fall in ranking does not signal operational weakness. The carmaker reported operating income of ¥3.8 trillion for the financial year ended March 2026, supported by vehicle sales and pricing power despite tariff costs and rising expenses. It remains a global force in hybrid technology, production efficiency and supply-chain management. However, investors have become more cautious about its growth outlook as the auto sector faces higher regulatory costs, slower battery-electric vehicle adoption in some markets, and intensifying competition from China-based manufacturers.

The contrast between SoftBank and Toyota captures a broader reordering of Japan’s equity market. AI-linked names, chip suppliers and infrastructure companies are drawing strong inflows, while parts of the auto sector and older industrial groups face questions over margin durability. Kioxia, the memory-chip maker, has also climbed sharply this year, showing how investor enthusiasm has spread beyond SoftBank into companies tied to storage and high-performance computing.

The rally has strengthened the profile of Son, whose investment record has swung between spectacular gains and painful losses. SoftBank’s Vision Fund suffered heavy write-downs after the collapse in technology valuations in 2021 and 2022, while earlier bets such as WeWork damaged confidence in the group’s risk controls. Its comeback has been powered by a more concentrated AI narrative, but that also leaves the shares vulnerable if expectations around OpenAI, Arm or infrastructure listings are revised lower.

InterGlobe Aviation, the parent of IndiGo, reported a consolidated net loss of ₹2,536.9 crore for the quarter ended 31 March 2026, compared with a profit of ₹3,067.5 crore a year earlier. Revenue from operations rose 1.3 per cent to ₹22,438.4 crore, underscoring the pressure on margins even as traffic and network scale remained broadly resilient.

Foreign exchange was the biggest drag on earnings. The airline recorded a net forex loss of about ₹4,823 crore during the quarter, reversing a gain in the same period last year. More than half of IndiGo’s cost base is linked to the US dollar, leaving the carrier exposed to currency movements through aircraft leases, maintenance, engine costs and other overseas obligations.

The March-quarter performance also reflected the impact of higher aviation turbine fuel prices, which rose sharply as geopolitical tensions disrupted crude markets. Fuel remains the single largest variable cost for airlines, and IndiGo’s low-cost model has been tested by the combination of higher oil prices, a weaker rupee and operational restrictions affecting parts of its network.

Capacity growth slowed to 3.4 per cent during the quarter, far below the pace recorded a year earlier. The carrier faced route and scheduling challenges tied to West Asia airspace disruption, while higher fuel prices made some services less attractive commercially. IndiGo and other carriers have trimmed planned domestic schedules for June and July as they reassess deployment during the summer travel period.

The result marks a sharp reversal for an airline that has benefited from strong domestic demand, high aircraft utilisation and the weakness of smaller rivals. IndiGo still controls the largest share of the country’s aviation market and operates one of the world’s biggest aircraft order books, but the quarterly loss shows that scale alone cannot fully offset external shocks.

Operationally, the airline continued to expand its network and strengthen international connectivity, including services aimed at capturing longer-haul demand from South Asia to Europe, the Gulf and Southeast Asia. Management has been pushing a broader transformation from a predominantly domestic low-cost carrier into a larger international operator with premium options on select routes.

That strategy requires higher spending, more complex aircraft deployment and deeper exposure to foreign-currency costs. Lease liabilities, engine maintenance obligations and airport charges in overseas markets are all sensitive to exchange-rate movement. The quarter therefore highlights a central challenge for IndiGo: maintaining its cost advantage while moving into markets where volatility is harder to absorb.

The airline is also evaluating a broader hedging approach for fuel and currency exposure. IndiGo has traditionally kept a limited fuel-hedging position, relying instead on operational efficiency and scale. The latest loss could accelerate a shift towards more active risk management, particularly if crude prices remain elevated and the rupee stays under pressure.

Passenger demand has not collapsed, but softer discretionary travel linked to higher fares and regional uncertainty has added pressure. Airlines have sought to pass part of the fuel-cost increase to passengers, yet fare hikes can weaken price-sensitive demand, especially in the low-cost segment. That balance is becoming more difficult as carriers deal with aircraft shortages, engine inspections and congested airports.

IndiGo’s cost structure also faced pressure from labour-related provisions and broader inflation in staff, airport and maintenance expenses. The company has been adding pilots, cabin crew and engineering capacity to support network growth, while aircraft groundings linked to engine issues continue to affect industry-wide fleet planning.

Despite the quarterly loss, the airline remains better placed than many competitors because of its fleet scale, liquidity position and extensive domestic network. Its large Airbus order book gives it long-term growth visibility, while its high-frequency metro and regional operations provide strong load-factor support. The carrier’s ability to manage unit costs will be central to restoring profitability.

The board has approved a plan to deploy up to $450 million for aircraft, engines and other aviation assets, a move aimed at giving the airline more control over key operating inputs. That investment points to a longer-term effort to reduce dependence on leased capacity and improve flexibility in fleet management.