Category: ACN Newswire

Guangzhou, China, Oct 28, 2026 - (ACN Newswire via SeaPRwire.com) - The first two phases of the 140th China Import and Export Fair (Canton Fair) have concluded, but the attention surrounding Airwheel's smart rideable cabin suitcase continues to spread through buyer experiences, on-site demonstrations and international social media.Combining electric mobility, intelligent controls and travel-oriented design, Airwheel's rideable luxury suitcase products attracted buyers from different markets during the first two phases of the exhibition, with visitors taking part in hands-on riding experiences, product consultations and business discussions.Airwheel will now continue its Canton Fair showcase during Phase 3, taking place from October 31 to November 4, where the company will present its broader smart rideable suitcase portfolio to international buyers and business partners.Airwheel Phase 3 Booths: 20.2J37–38, 20.2K11–12 and 18.1K04From Exhibition Demonstrations to International Social MediaDuring Phases 1 and 2, Airwheel showcased multiple smart rideable hand suitcase models, with live riding demonstrations becoming one of the most visible experiences around the company's booths.Unlike conventional luggage, Airwheel integrates electric drive systems, riding controls and intelligent features into travel-oriented suitcase designs. For many international buyers encountering the category for the first time, the ability to ride a suitcase provided an immediate and intuitive way to understand its potential applications.Visitors could be seen testing the products around the exhibition area, turning the rideable suitcases into a distinctive presence on the show floor.The interest extended beyond the exhibition venue. Buyer-shot videos, product demonstrations and on-site interviews have continued to circulate across international social platforms, bringing additional attention to Airwheel's smart mobility products.For Airwheel, these interactions provide more than visibility. Direct conversations with buyers also offer insights into different market requirements, travel habits and potential commercial applications.Expanding the Role of the Suitcase Beyond StorageAirwheel's smart rideable suitcase concept is designed to extend the role of luggage beyond traditional storage.Equipped with electric drive systems, the products allow users to ride for short-distance mobility in environments such as airports, exhibition centers and transportation hubs, providing an alternative to prolonged walking.Depending on the model, the accompanying smart app can provide functions including riding-data monitoring, speed adjustment and lighting controls. Selected models also offer features such as cruise control, remote operation and alerts for low battery or Bluetooth disconnection.Some models include USB output for charging compatible personal electronic devices, while models supporting Apple's Find My feature can help users locate compatible luggage through Apple's ecosystem.At the 140th Canton Fair, Airwheel is highlighting the SE3SXD Full-Intelligent Electric Ai Cabin Suitcase, its flagship smart rideable suitcase.With a one-touch operation, the motorized front wheel automatically extends while the smart riding handle rises into position, allowing the suitcase to transition into riding mode through a simplified control sequence.The design reflects Airwheel's broader approach to combining mechanical engineering, electric mobility and intelligent controls within a familiar travel product.Engineering for Real-World TravelBeyond the riding experience, Airwheel's product development also considers practical travel requirements, including battery handling, luggage structure, security and storage.Airwheel Carry on Suitcae use a removable 73.26Wh lithium battery. The detachable architecture provides additional flexibility for battery handling during transportation, also feature TSA-compatible locks to facilitate applicable security or customs inspection procedures.The Boarding 20inch suitcase bodies use ABS and polycarbonate materials together with reinforced frame structures, balancing riding loads with everyday luggage protection and storage requirements.Some models incorporate larger-diameter wheels and retractable front-wheel structures to improve riding stability across different surfaces.Together, these details reflect Airwheel's effort to move the rideable suitcase category from a novelty concept toward a more practical travel product.A Portfolio Designed for Different Travel ScenariosAs consumer needs vary across markets, Airwheel has developed a broader portfolio covering cabin travel, larger-capacity journeys and family travel.SE3S Series: 20inch Smart Rideable Cabin SuitcasesThe Airwheel SE3S series, including the SE3SL Electric Suitcase, SE3SL+ Airport 20inch Suitcase, SE3SX Cabin Suitcase and SE3SXD Ai Luxury Suitcase, represents the company's core range of compact smart rideable suitcases.Most models can reach riding speeds of up to 9.9 km/h under specified operating conditions, making them suitable for short-distance movement in airports, stations, exhibition centers and similar environments.Selected higher-specification models incorporate smart app functions and Apple Find My support, combining the portability of a compact suitcase with electric riding and connected features.The range is positioned across smart cabin suitcase, electric carry-on and luxury suitcase applications, offering different configurations for different users and markets.Airwheel SE3T: 24-Inch Smart Rideable Travel Ai wheel SuitcaseFor travelers who require additional packing capacity, the Airwheel SE3T uses a 24-inch suitcase format with approximately 48 liters of storage space.Its riding speed can reach up to 13 km/h under specified operating conditions, combining larger luggage capacity with electric mobility for longer journeys and heavier packing needs.Airwheel SQ3 / SQ3S: Smart Rideable Suitcases for ChildrenAirwheel also extends its smart mobility concept into family travel.The SQ3 and SQ3S Kids suitcase are designed for children, with maximum riding speeds of 5 km/h and 6.5 km/h, respectively. Interactive entertainment features further combine travel storage with a rideable experience designed for family journeys.Together, these products allow Airwheel to address different age groups, travel distances and usage scenarios—from compact cabin luggage to larger travel suitcases and children's rideable products.Technology and International Design RecognitionBehind Airwheel's product portfolio is continued investment in intelligent mobility technology and product development.The company has accumulated more than 600 global patents, covering areas including motion control, electric drive systems, intelligent sensing and structural design. Its trademark portfolio extends across 168 countries and regions, supporting its international market development.Airwheel products have also received recognition from international design programs, including the MUSE Design Awards, French Design Awards, Asia Design Prize and iLuxury Awards, among others.For Airwheel, these achievements reflect an ongoing effort to bring together engineering, industrial design and user experience rather than treating technology as a standalone feature.About AirwheelAirwheel is an intelligent mobility brand developing smart rideable suitcases and personal mobility products for modern travel and everyday transportation.Its product portfolio combines electric drive technology, intelligent controls and contemporary industrial design to explore new possibilities in travel equipment and personal mobility.Through continued product development and international market expansion, Airwheel is exploring how familiar travel products can evolve into more intelligent, connected and adaptable mobility companions.Media ContactCompany: AirwheelContact: Media TeamEmail: Jonas@airwheel.netWebsite: https://www.airwheel.net Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

WEYBRIDGE, UK, Oct 28, 2026 - (ACN Newswire via SeaPRwire.com) - DataTracks, a software and services provider for regulatory reporting, has extended its BEPS Pillar Two filing support to Australia and New Zealand. Groups with Australian entities can now prepare and validate their GloBE Information Return (GIR) and the Australian Taxation Office's (ATO) Combined Global and Domestic Minimum Tax Return (CGDMTR) on DataTracks Oxbow, with lodgment carried out by a registered Australian tax agent partner.The service comes ahead of 31 December 2026, when multinational groups with a 30 June year end, the standard balance date in Australia, must lodge their first Pillar Two returns with the ATO. For many of them it will be the first time the global minimum tax moves out of modelling and provisioning and into an actual filing. In the first global filing cycle, DataTracks completed close to 500 Pillar Two filings for more than 160 clients across 10+ jurisdictions.DataTracks is listed by HM Revenue & Customs (HMRC) as a commercial software supplier for UK Pillar Two returns and GloBE Information Returns."The first cycle showed us where Pillar Two filings come under pressure. It is in the last few weeks before a deadline, when a schema has changed, an identifier has been reused or an access request is still waiting. Australia has more of those moving parts than most, with its own forms, its own lodgment channels and a notification that has to agree with what was filed overseas. Groups headquartered in the UK, Europe and India, and their advisers, have asked us to support their Australian lodgments, and we are now doing that," said Saurabh Satija, VP Sales, UK & Ireland and Global Head, BEPS & Pillar Two, DataTracks.Why Australia Is DifferentAustralia applies the full Pillar Two suite. Its income inclusion rule and domestic minimum tax have applied since 1 January 2024, and its undertaxed profits rule since 1 January 2025. An Australian subsidiary therefore carries obligations of its own, wherever its group files the GIR.Those obligations look different from the European returns most groups filed in the first cycle. The ATO sets out four lodgment requirements, made through two separate returns. The GIR is lodged on its own as an XML file. The other three sit in one form, the CGDMTR, which combines the Foreign Lodgment Notification (FLN), the Australian IIR/UTPR Tax Return (AIUTR) and the Australian DMT Tax Return (DMTR). Where the GIR is filed overseas, the FLN is how the Australian entities tell the ATO where it was filed. A GIR is required even where the top-up tax is nil.The ATO is also exact about the file itself. Every GIR lodged in Australia must carry the Bulk Business Document Message (BBDM) wrapper, and its message and document identifiers must follow the OECD schema rules. A "successfully submitted" message does not mean the return has been accepted: the ATO validates it afterwards, and a GIR with critical errors has to be corrected and lodged again. Where a group wants to use a tax agent that is not already linked to its ATO account, it has to request the account and role by secure mail before the agent can be nominated, which adds time the group does not control.The calendar leaves little room. Groups with a 31 March year end were due to lodge their first returns by 30 September 2026. Groups with a 30 June year end follow on 31 December 2026, and calendar-year groups already in scope lodge for their second year by 31 March 2027, on the shorter 15-month window that applies after the first year."My advice to any group with Australian entities is to sort out access early," Satija added. "If your lodging agent is not already linked to your ATO account, that request goes by secure mail and sits outside your hands. For 30 June year ends, with the first deadline on 31 December, that is where the timetable is most likely to slip, and the GIR and the FLN cannot be deferred."How the Service WorksThe group or its adviser completes the GloBE computation. The data is entered in a jurisdiction-specific template and checked in Oxbow against more than 200 validation rules and the current ATO specification, with any error traced back to its source cell before lodgment.Oxbow then builds the GIR in the OECD XML schema with the ATO's BBDM wrapper and identifier rules applied, and prepares the CGDMTR data alongside it. DataTracks' registered Australian tax agent partner lodges both, and the ATO's validation outcome is recorded for each entity.During the first cycle, when regulators were still finalising validation rules, DataTracks updated the platform weekly so that filings were made against current logic. It has also filed UK Overseas Return Notifications, which serve a similar purpose to Australia's FLN.New ZealandNew Zealand has taken a different route. It has not introduced a qualified domestic minimum top-up tax, and instead applies an income inclusion rule and undertaxed profits rule from 1 January 2025, with a domestic income inclusion rule for fiscal years beginning on or after 1 January 2026. The GIR is filed with Inland Revenue in the OECD XML format through myIR, unless a foreign-headquartered group files it in a jurisdiction that will exchange it with New Zealand and notifies Inland Revenue. The designated New Zealand constituent entity then files a multinational top-up tax (MTT) return, which Inland Revenue expects to open in myIR in April 2027. DataTracks prepares and validates the New Zealand GIR, including Inland Revenue's rule that message and document identifiers begin with the designated entity's IRD number, for the group or its New Zealand tax agent to file in myIR. It will support the MTT return once it opens.AvailabilityAustralian lodgment support is available now. New Zealand GIR preparation and validation is also available now, with support for the MTT return to follow when Inland Revenue opens it in April 2027.About DataTracksDataTracks is a software and services provider for regulatory reporting. Over 20 years it has served more than 30,000 clients across 25+ countries and delivered more than 450,000 regulatory reports, with support for filings in 35+ jurisdictions, including the United States, the United Kingdom, the European Union, Ireland, Singapore, Malaysia, South Africa and India. Its core solutions cover SEC XBRL and iXBRL filing, HMRC iXBRL and Companies House filing, ESEF and UKSEF reporting, and cross-border tax reporting for CbCR, FATCA/CRS and BEPS Pillar Two through DataTracks Oxbow. DataTracks is listed by HMRC as a Pillar Two software supplier and holds ISO 27001, ISO 9001 and an independently audited SOC 2 Type II report.Media ContactKailash ChandrasekarVP & Global Head, MarketingDataTracksMedia Relations: mediarelations@datatracks.comPhone: +44 20 4514 5352https://datatracks.com/ukDataTracks Global Private Limited is headquartered in Singapore, with UK operations run by DTracks Limited, Belgrave House, 39-43 Monument Hill, Weybridge, KT13 8RN.SOURCE: DataTracks Global Private Limited Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

ROMEOVILLE, IL, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - Formerra, a leader in performance materials distribution, announced an increase to its transportation surcharge to address continued cost escalation in the freight and logistics market. Beginning November 2, 2026, a surcharge of $450 per delivery will apply to all shipments across North, Central, and South America.Costs in the freight and logistics market have increased steadily as the industry navigates higher operating costs, tighter capacity, and a shortage of qualified drivers. At the same time, diesel prices reached an all-time high in September."Freight costs across the Americas remain elevated, and we do not expect these pressures to ease in the near term," said Tom Kelly, Formerra CEO. "The adjustment helps offset market pressures beyond our control while enabling us to maintain the dependable service our customers count on from Formerra."Customers should contact their Formerra representative for more information.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. Delivering Solutions. Enabling Success. To learn more, visit www.formerra.com.Media ContactJackie MorrisFormerraMarketing Communications Managerjackie.morris@formerra.com+1 630-972-3144SOURCE: Formerra Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - On October 27, 2026, CanSino Biologics Inc. (HKEX: 06185; SSE: 688185) released its third-quarter financial report for 2026. For the nine months ended September 30, 2026, the company reported revenue of approximately RMB 882 million, an increase of 27.40% year-on-year. Net profit attributable to shareholders reached approximately RMB 16.29 million, an increase of 12.82% year-on-year. Net loss attributable to shareholders excluding non-recurring gains and losses narrowed by 45.72% year-on-year to approximately RMB 44.98 million.The growth reflects years of investment in R&D, portfolio development and commercial infrastructure. As innovative products reach the market and the product lineup continues to broaden, CanSinoBIO is gradually building a business driven by multiple complementary products. At the same time, its five core technology platforms continue to support innovative R&D and cross-field collaboration, laying the groundwork for long-term development.Successive Launches of Innovative Products: Commercialization Enters a Multi-Product PhaseFor an innovative vaccine developer, the ability to consistently translate R&D achievements into commercial products is an important measure of its capacity for growth. With several innovative products approved and entering the market, CanSinoBIO is moving from a focus on commercializing its core products toward a new phase of development across a broader, complementary portfolio.The third quarter of 2026 brought several important commercial milestones. In August, Tripecia(R) (DT3cP), the Company’s adsorbed diphtheria, tetanus and pertussis (acellular, three component) combined vaccine for infants, received the Certificate of Batch Release for its first batch, allowing market supply to begin. As China's first approved three-component acellular pertussis vaccine, Tripecia(R) further diversifies the Company’s innovative product portfolio and provides another product to support its expansion in the domestic vaccine market.CanSinoBIO is also continuing to build out its DTaP vaccine portfolio. Td5cp Adolescent and Adult, Tetanus, Reduced Diphtheria and Pertussis (Acellular, Five Components) Combined Vaccine, had previously been granted priority review, and its New Drug Application (NDA) was accepted by China's NMPA in August. If approved, the vaccine could complement Tripecia(R) by serving different age groups, further extending the Company’s immunization portfolio across the life course.Also in August, Tetcia(R), the Company’s adsorbed tetanus vaccine, received marketing approval, broadening its portfolio for active immunization in adults. CanSinoBIO has granted Grand Life Sciences Group exclusive commercialization rights for the product in Greater China, drawing on its partner’s market network and promotional capabilities to expand coverage. This differentiated commercialization arrangement gives the Company additional options for bringing its R&D achievements to market more efficiently.Alongside new launches, the Company continues to develop the market potential of its established core products. Menhycia(R)(MCV4), Asia’s first quadrivalent meningococcal conjugate vaccine, is currently approved in China for children aged three months through six years. In July 2026, a supplemental application to extend the eligible age range to three months through 17 years was accepted for review, with the potential to reach a broader population.In pneumococcal vaccines, CanSinoBIO continues to advance domestic market access for iPneucia(R)(PCV13i), its 13-valent pneumococcal polysaccharide conjugate vaccine. Its 24-valent pneumococcal polysaccharide conjugate vaccine (PCV24) has entered Phase I/II clinical trials, with participant enrollment progressing across study cohorts. The marketed vaccine and follow-on candidates form a staggered product lineup that supports the Company's continued work in pneumococcal disease prevention.Together, new product approvals and the start of market supply, efforts to broaden the eligible populations for existing vaccines, and continued development of follow-on candidates are creating a more diversified portfolio with products progressing through successive stages of development.Together, new product approvals and the start of market supply, broader eligible populations for existing vaccines, and continued development of follow-on candidates are creating a more diversified and better-sequenced product portfolio.A broader portfolio offers the potential for additional revenue streams while extending market coverage and enabling commercial synergies among products. This is helping the Company build a more stable and sustainable commercial foundation.International Expansion Advances from Market Access to Multi-level PartnershipsAs domestic commercialization accelerates, international operations are also becoming an important avenue for CanSinoBIO to expand its growth opportunities.In recent years, the Company’s international strategy has gradually evolved from product exports to encompass overseas registrations, local manufacturing, technology transfer and joint development. Internationalization is therefore no longer simply about bringing products to overseas markets; it is about combining technical, manufacturing and commercial resources to explore a more sustainable path to growth in global markets.In meningococcal vaccines, Menhycia(R) received registration approval in Argentina in June 2026, following approval in Indonesia in December 2024. These registrations provide a broader foundation for entry into different regional markets.Overseas partnerships for pneumococcal vaccines are also advancing. Drawing on its distinct advantages in manufacturing processes, product quality and clinical data, together with established local partnerships, CanSinoBIO supplied PCV13i products to its Indonesian partner in the first half of 2026. The supply supports subsequent local manufacturing and potential future supply to the national immunization program, helping to prevent pneumococcal disease in children locally. CanSinoBIO has also signed a letter of intent (LOI) with AGP Limited in Pakistan to explore opportunities for iPneucia(R) in the local market.Through overseas registrations, local partner networks, technology transfer and local manufacturing, CanSinoBIO is gradually establishing international business models tailored to the needs of different regional markets. These efforts could create broader opportunities for its long-term development.Five Core Technology Platforms Support Innovation and Future ExpansionWhile commercialization across multiple products and international expansion demonstrate CanSinoBIO’s current business capabilities, its steadily built core technology platforms provide an important foundation for sustained innovation and future growth.The Company has established five core technology platforms covering adenovirus-based viral vectors technology, synthetic biotechnology, protein structure design and virus-like particle (VLP) assembly, mRNA and LNP technology, and formulation and drug delivery technology. Together, they form an R&D system spanning different technological approaches.For an innovative vaccine developer, technology platforms enable core technologies, research experience and manufacturing expertise to be accumulated and applied across programs. This supports ongoing product innovation and the exploration of new R&D directions in response to technological advances and market needs.As biopharmaceutical technologies evolve more rapidly and competition intensifies, the ability to sustain innovation and pursue new applications is becoming an important measure of long-term competitiveness.CanSinoBIO’s mRNA collaboration during the third quarter of 2026 offers a further indication of the potential applications of its technology platforms. On August 25, the Company announced that its subsidiary, CanSino (Shanghai) Biologics R&D Co., Ltd., had signed a strategic cooperation framework agreement with deepGeneAI (Hangzhou) Biotechnology Co., Ltd. for the joint development of personalized mRNA therapeutic cancer vaccines. The proposed collaboration targets global markets, focusing on gastrointestinal solid tumors and rare tumors. It would combine CanSinoBIO’s expertise in mRNA delivery, formulation, R&D and manufacturing with deepGeneAI’s AI-driven tumor neoantigen discovery and design capabilities to explore the development of personalized therapeutic cancer vaccines.The Company’s work in its established areas of technological expertise has also continued to receive professional recognition. In September 2026, CanSinoBIO announced that its project on key technologies for polysaccharide–protein conjugation and industrial-scale production had received a third prize in the Chinese Preventive Medicine Association’s 2025 Science and Technology Awards. The award reflects the Company’s sustained investment in core technology development and industrial applications.In international industry collaboration, CanSinoBIO also participated in the 27th Annual General Meeting of the Developing Countries Vaccine Manufacturers Network (DCVMN), where the Company discussed opportunities with international peers in joint R&D, technology transfer, local manufacturing and global vaccine access.From improvements to existing products and continued development of innovative R&D programs to collaboration across fields, the five core platforms are becoming an important source of support for CanSinoBIO’s continued innovation and future expansion.As More Innovations Reach the Market, the Path to Long-Term Growth Becomes ClearerCanSinoBIO’s operating and business progress in the first nine months of 2026 points to an increasingly clear development path. Continued approvals and market launches are broadening the product portfolio and building commercial capabilities. At the same time, international expansion and multi-level industry cooperation are advancing in parallel, creating further opportunities for business development.Behind these developments, the capacity for sustained innovation provided by the five core technology platforms creates a broader range of possibilities for future product development, technology partnerships and exploration of new fields. As commercialization advances across multiple products and international operations expand, the value of CanSinoBIO’s years of R&D investment is gradually being realized. By combining innovation across its technology platforms with product commercialization and international expansion, the Company is building a more diversified set of growth drivers and opening new opportunities for sustainable long-term development. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - Hengrui Pharma ("Hengrui" or "the Company") today announced its financial results for the first nine months of 2026. During this period, Hengrui reported revenue of RMB24.41 billion, representing a year-over-year increase of 5.26%. Product sales revenue was RMB21.48 billion, up 2.52% year-over-year. Net profit attributable to shareholders of the Company was RMB6.92 billion, up 20.38% year-over-year.Innovative drug sales reached RMB13.87 billion, representing a year-over-year increase of 17.05% and accounting for approximately 64.59% of total drug sales. Non-oncology innovative drug sales also recorded strong growth, reaching RMB4.01 billion, up 75.36% year-over-year, and accounting for approximately 28.88% of total innovative drug sales. R&D investment totaled RMB7.15 billion, of which RMB5.42 billion was expensed.In the third quarter of 2026, Hengrui reported revenue of RMB8.95 billion, up 20.55% year-over-year, and net profit attributable to shareholders of the Company of RMB2.46 billion, up 88.92% year-over-year.Pipeline and Regulatory HighlightsIn the third quarter of 2026, Hengrui continued to advance its R&D pipeline in China, obtaining seven innovative drug or indication approvals comprising two Class 1 innovative drugs and five new indications for marketed innovative drugs.Seven marketing applications were also accepted for review by the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration, covering oncology, metabolic and cardiovascular diseases, immune system diseases, and neuroscience. Notably, the Company made multiple advancements across the GLP-1 class product pipeline. The new drug applications (NDAs) for HRS-7535 tablets, an oral small-molecule GLP-1 receptor agonist, for glycemic control in adults with type 2 diabetes mellitus and for long-term weight management in adults have both been accepted for review. The NDA for ribupatide injection, a GLP-1/GIP dual receptor agonist for glycemic control in adults with type 2 diabetes mellitus, has also been accepted for review.In addition, a total of 35 clinical trial approvals were obtained. Two products have been granted Breakthrough Therapy Designation by the CDE.Global Partnerships and Business DevelopmentIn the first nine months of 2026, the Company recorded revenue of RMB2.78 billion from the out-licensing of innovative drugs, up 31.12% year-over-year. Hengrui also received a total of RMB4.34 billion in cash from upfront and milestone payments under collaboration agreements, primarily comprising the US$600 million upfront payment from Bristol Myers Squibb.On September 29, Hengrui entered into a license agreement with Novo Nordisk (Novo) for HRS-1596, a phase I-ready glucagon-like peptide-1 receptor (GLP-1R) and gastric inhibitory polypeptide receptor (GIPR) dual agonist, with potential for once-weekly oral dosing. Under the terms of the agreement, Novo will obtain exclusive rights to develop, manufacture and commercialise HRS-1596 globally, excluding the Chinese mainland, the Hong Kong SAR, the Macao SAR and Taiwan Region. The potential total value of the agreement is up to US$2.6 billion contingent on the achievement of applicable development, regulatory and commercial milestones. This includes a US$300 million upfront payment. In addition, Hengrui is eligible to receive royalties based on net sales of HRS-1596 within the licensed territory. The transaction is expected to close in the fourth quarter of 2026.Scientific RecognitionSince the start of the second half of 2026, multiple research findings on Hengrui's innovative drugs have been presented at international academic conferences and published in academic journals. More than 60 studies involving 21 innovative drugs were selected for presentation at the European Society for Medical Oncology Congress 2026, including Phase III studies of two innovative antibody-drug conjugates selected for Proffered Paper presentations. Research in non-oncology areas was also presented at major international congresses, including the Annual Meeting of the European Association for the Study of Diabetes and the European Academy of Dermatology and Venereology Congress, among others.OutlookLooking ahead, Hengrui will continue to advance its innovation and globalization strategy, further pursuing its dual-growth strategy across oncology and chronic diseases. Guided by its patient-focused philosophy, Hengrui remains committed to bringing more innovative medicines to patients worldwide. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - The 28th Hong Kong International Lighting Fair (Autumn Edition), organised by the Hong Kong Trade Development Council (HKTDC), opens today and runs for 4 days, from 27 October to 30 October, at the Hong Kong Convention and Exhibition Centre. The 11th Hong Kong International Outdoor and Tech Light Expo opened yesterday and runs until 29 October at AsiaWorld-Expo.HKTDC Associate Executive Director Silas Chu said: "As the lighting industry is evolving rapidly, the twin lighting fairs this year are held under the theme "Beyond Illumination", highlighting key industry trends related to smart connectivity, healthy living, immersive spatial experiences and sustainability, and showcasing cutting-edge lighting solutions to global buyers. The fairs attract some 3,000 exhibitors from more than 20 countries and regions, alongside international professional organisations and industry experts who share insights into the latest developments. By building an international trade and technology exchange platform, the fairs connect global buyers with industry players and foster the sustainable development of the lighting industry."The 28th Hong Kong International Lighting Fair (Autumn Edition) and the 11th Hong Kong International Outdoor and Tech Light Expo are open. Together they form a global lighting event showcasing the latest products from some 3,000 exhibitors representing more than 20 countries and regions.He added that the twin lighting fairs are international in scope. Besides exhibitors from Hong Kong, the Chinese Mainland and Taiwan, the fairs also welcome exhibitors from the Asia-Pacific region, including Australia, India, Korea and Singapore, as well as from Europe and America, including Denmark, Finland, Germany, the Netherlands, Mexico and the United Kingdom. The fairs gather exhibitors who have participated in landmark projects around the world and won international awards, as well as major industry alliances in global smart lighting and IoT such as the Connectivity Standards Alliance, the DALI Alliance, the SILA-EMN Alliance, the Zhaga Consortium and, making its debut at the fair, KNX, the global standard for smart building and home automation. Together with their member companies from around the globe, these alliances jointly demonstrate the smart lighting ecosystem.A highlight of the Autumn Lighting Fair, the Hall of Connected Lighting features some 70 leading local and international brands, including Dimon, a local company which has participated in the Hong Kong Palace Museum project, Inventronics and TUYA from the Chinese Mainland, Viso Systems from Denmark, Casambi from Finland, and Signify from the Netherlands. The zone also features immersive lighting installations and application-based displays. For example, Casambi brings an Artisan Cafe concept space to the fair, while Viliya creates an immersive mirrored art installation, Mirrorverse.The Hall of Connected Lighting features some 70 leading local and international brands, as well as immersive lighting installations and application-based displays.Signify collaborates with the Mercedes-AMG PETRONAS F1 Team to present a racing simulator experience and also displays Philips Skylight, which simulates natural light environments and adjusts light according to human circadian rhythms by integrating two major health-focused lighting technologies (VitaUp and BioUp) to create a healthier and more comfortable indoor lighting experience.Another signature zone, the Hall of Aurora, features some 500 renowned brands offering high-quality lighting products. Local exhibitors include Prosperity Lamps & Components whose products have been featured in the FIFA World Cup stadium and the Museum of the Future in Dubai, and Profiled Group which participated in Casa Batlló in Barcelona and the Guggenheim Museum in Bilbao, Spain. Chinese Mainland brands include General Lighting Electronic which participated in the Leaning Tower of Pisa in Italy, and Alpha Lighting which participated in the Madame Brasserie restaurant at the Eiffel Tower in Paris. Other international brands include Lival from Finland, Cupower from Germany, and Beghelli from Italy.The Hall of Aurora gathers some 500 renowned brands offering high-quality lighting products.The Autumn Lighting Fair always keeps pace with industry trends. This year it expands its product range and launches the new LED Display Solution Zone to build an LED commercial display ecosystem. This zone features the latest high-resolution LED screens, transparent displays, flexible panels and immersive visual systems, creating new visual experiences for retail spaces, event experiences, smart cities and architectural projects. Other featured zones include Commercial Lighting, Residential Lighting and LED Essentials.The Autumn Lighting Fair launches the new LED Display Solution Zone to build an LED commercial display ecosystem.This year, the Hong Kong International Outdoor and Tech Light Expo features three major zones, including Smart Pole and Solution; Outdoor, Industrial and Technical Lighting; and Landscape and Architectural Lighting. In addition to displaying lighting product applications in smart cities, industrial and professional scenarios, it has also added photovoltaic and energy storage solutions to help cities improve energy efficiency.The Outdoor and Tech Light Expo features multiple product zones displaying a variety of outdoor and professional technical lighting solutions for commercial and industrial applications.During the two fairs, numerous seminars and forums are being held, inviting industry leaders to analyse market and product trends.Two fairs showcase new trends in lighting- Various award-winning exhibitors and design products gather under one roof Local representatives include first-time exhibitor Ledman Hong Kong (Booth: 5B-D02), which introduces the LEDHUB Smart Conference Solution, integrating large-format display, video conferencing and collaboration functions into a single platform. This solution won the 2025 TITAN Innovation Awards Gold Award and has been adopted by leading institutions including the University of Hong Kong, the University of Warwick and Fudan University. Ledman Hong Kong also presents the QS Series IceScreen LED Display, which was deployed at the Milano Cortina 2026 Winter Olympic Games. Another local exhibitor, Hongkong Sunricher Technology (Booth: 1D-C30), displays their Desktop Wizard. The product won the Red Dot Design Award, the iF Design Award and the German National Design Award. It replaces traditional lighting remote controls that often require complex operations and commands, as well as wall switches limited by fixed installations, to provide a more flexible and space-efficient home control solution. - Finnish exhibitor Ledil Oy (Booth: GH-P21) showcases their LEDiL - STRADA reflector, the winner of the German Innovation Award 2025. This product offers precise beam control and excellent glare control with a glare rating of G6 and a threshold increment TI as low as 1%. Even when equipped with protective glass, its optical efficiency can reach about 90%, helping to create efficient, energy-saving and visually comfortable lighting solutions. Chinese Mainland brand Zhongshan SUFN Lighting Technology Co Ltd (Booth: 1A-B24) presents REIZ II, which won the iF Design Award 2024 and Contemporary Good Design Award 2022. This product adopts an innovative convection cooling structure and concealed shift mechanism, improving heat dissipation efficiency by approximately 15%, and increasing light output by around 30%. Its dual anti-glare optical design with UGR≤6 supports a wide range of lighting applications, including downlighting, adjustable accent lighting and wall washing.- Green energy and energy-saving solutions support sustainable development According to GEP Research, it is expected that the global photovoltaic lighting market will reach US$18.5 billion in 2026, a year-on-year increase of 14.2% compared to US$16.2 billion in 2025. Outdoor and Tech Lighting Expo exhibitor Lansine Intelligent (Zhongshan) Energy Storage Technology Co Ltd (Booth: 8-F28) brings their LX-LC01 energy storage power station and foldable solar panel series, which are green power solutions specially designed for off-grid applications, outdoor camping, emergency backup power, as well as small-scale and residential energy storage. Auroras InnoTech Guangdong Co Ltd (Booth: 8-D21) showcases their Woodpecker Series & Architectural Pathway Light product which features a unique vertical architectural form, renewable solar energy and warm natural finishes, creating a modern outdoor space that blends with nature. The exhibitor also displays street lighting solutions applied at the Dubai Expo. Hishine Group Ltd (Booth: 8-E27) presents its Hi-Robot 1300W Stadium LED High Mast Light, which features a hexagonal anti-wind structure, a large cooling area, excellent heat dissipation performance and a service life exceeding 100,000 hours. These lights are waterproof, reduce power consumption by 70%, and have been installed in the Jaime Morón León Olympic Stadium in Colombia.- Smart lighting meets the needs of various scenarios According to a survey by Fortune Business Insights, the global lighting fixtures market size is projected to grow from US$142.52 billion in 2026 to US$221.39 billion by 2034, exhibiting a CAGR of 5.7% during the forecast period. Public demand for smart lighting systems is rising. Autumn Lighting Fair exhibitor Zhongshan Tauras Technologies Co Ltd (Booth: 1E-G35) displays a three-in-one integrated dimmable power supply designed for home bathroom applications, combining a high-efficiency switching power supply, a mirror defogging film and an intelligent touch dimming system in a single unit. It is suitable for humid and dusty environments and meets users' lighting and visual needs in different scenarios. Yndlux Lighting Co Ltd (Booth: 3B-B05), selected as a national high-tech enterprise, brings its independently developed 5272 linear module light. It can meet the lighting and design needs of different customers and places through an intelligent control system and the diverse selection of module styles.Multiple exchange and thematic events to discuss market trendsThe twin lighting fairs are hosting a series of thematic events with heavyweight international lighting organisations. For the Autumn Lighting Fair today at the Hong Kong Convention and Exhibition Centre, "Award-Winning Illumination - Highlights from the IES Illumination Awards", jointly organised with the Illuminating Engineering Society (IES) for the first time, invites winners of the prestigious "IES Illumination Awards" to share insights into the artistic and technical evolution of lighting design. On the same day, "Innovative Lighting Design Forum", under the theme "Treasures of Light: Artistic Brilliance Beyond Exhibitions", features three lighting design maestros who have participated in internationally renowned projects to share the latest trends.For the first time, the Autumn Lighting Fair will partner with Women in Lighting (WIL) to host "Circularity in Lighting Design" tomorrow (28 October), where several prominent female designers in the industry will discuss sustainable lighting design and how the circular economy concepts are being applied.Another key event "Connected Lighting Forum", co-organised with the Shanghai Pudong Intelligent Lighting Association, will be held on the same day on 28 October. Under the theme of "Healing Light for the Future: Illuminating Emotional Well-being", it will explore the development of intelligent and human-centric lighting technologies for emotional health and share case studies on the use of light to heal the body and mind.At AsiaWorld-Expo, the Outdoor and Tech Light Expo today is hosting "Smart Tech Integration in Outdoor Lighting", exploring how AI-driven outdoor lighting technology can be applied to today's smart cities.Running concurrently from 26 to 29 October, the Outdoor and Tech Light Expo and Eco Expo Asia at AsiaWorld-Expo, together with the Autumn Lighting Fair at the Hong Kong Convention and Exhibition Centre (HKCEC), provide a dynamic platform for cross-sector business opportunities. Free shuttle bus services will be provided between the HKCEC and AsiaWorld-Expo from 26 to 29 October.Under the EXHIBITION+ hybrid model, exhibitors and buyers can also meet online through the Click2Match business matching platform in addition to attending the physical fair. The online fairs run from 19 October to 6 November, facilitating business expansion both online and offline. Hong Kong International Outdoor and Tech Light Expo Hong Kong International Lighting Fair (Autumn Edition) Date 26 - 29 October 2026 (Mon-Thu) 27- 30 October 2026 (Tue-Fri) Opening hours 26 October 2026: 10:30 am - 6pm 27 - 28 October 2026: 10am - 6pm 29 October 2026:10am – 5pm 27 - 29 October 2026: 9:30am – 7pm 30 October 2026: 9:30am - 4pm Venue AsiaWorld-Expo Hong Kong Convention and Exhibition Centre Media registration AsiaWorld-Expo East Lobby Hall 1C Concourse, HKCEC, or at the HKTDC Media Centre (G/F, HKCEC, 1 Expo Drive, Wan Chai) Media Centre Room 108, Hall 8 Side Entrance, AsiaWorld-Expo HKTDC Media Centre Website hkotlexpo.hktdc.com hklightingfairae.hktdc.comPhoto Download: https://bit.ly/4zVvwDQMedia enquiriesPlease contact the HKTDC's Communications and Public Affairs Department:Christy LeeTel: (852) 2584 4369Email: christy.wn.lee@hktdc.orgDawn YuenTel: (852) 2584 4575Email: dawn.nh.yuen@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgThe HKTDC's Media Room: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - The 18th edition of the Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), will be held from 5 to 7 November at the Hong Kong Convention and Exhibition Centre. This year's fair is bringing together more than 620 exhibitors from over 25 countries and regions, showcasing wines, spirits, sake, beer, low- and no-alcohol beverages and related products from over 40 places of origin worldwide. Serving as a one-stop sourcing platform for global buyers, the fair further reinforces Hong Kong's position as an international wine and spirits trading hub. The public zone of the fair, Saturday Fiesta, will open to wine enthusiasts aged 18 or above on the final day of the event, offering opportunities to sample and purchase wines and spirits from around the world, as well as participate in a series of engaging thematic activities.Smilely Lam, Associate Executive Director of the HKTDC, said: "This year's fair features a strong international lineup of exhibitors and an extensive selection of wines and spirits from around the world, fully demonstrating Hong Kong’s position as an international trading hub for the wine and spirits industry and its dual roles of 'bringing in and going global’. With its free-port status, world-class logistics infrastructure, free flow of capital and unique position connecting the Chinese Mainland with global markets, Hong Kong has long served as a strategic base for wine and spirits businesses looking to expand across Asia. The Hong Kong SAR Government has also been actively supporting the development of the wine and spirits trade, injecting fresh momentum into the sector while generating opportunities for related industries, including logistics, retail, warehousing, catering, tourism and investment."Smilely Lam, Associate Executive Director of the HKTDC, said: “With its free-port status, world-class logistics infrastructure, free flow of capital and unique position connecting the Chinese Mainland with global markets, Hong Kong has long served as a strategic base for wine and spirits businesses looking to expand across Asia”(From left to right) Max Wong, President of the Hong Kong Wine Merchants' Chamber of Commerce, Master Sommelier Derek Li, Smilely Lam, Associate Executive Director of the HKTDC (position), Jo Jo So, President of the Hong Kong General Chamber of Wine & Spirits(position), and Patrick Chow, President of the Hong Kong Huaxia Wine Industrial Association (position), shared insights into the latest trends shaping the wine and spirits marketMs Lam added: "Benefiting from the recent reduction in liquor duty and growing market demand, the World of Spirits zone has been further expanded this year, reflecting evolving interest in premium spirits and a broader spectrum of alcoholic beverages. Through the fair, we aim to foster international exchange and business collaboration across the industry, helping companies capture emerging opportunities and expand into new markets. The fair also highlights Hong Kong's role as a 'super connector' and 'super value-adder' between the mainland and the rest of the world, supporting the high-quality development of the wine and spirits industry."World of Spirits returns with expanded line-up featuring world's eight major spiritsThe World of Spirits zone returns this year with spirit exhibitors from 16 countries and regions, including first-time participation from Mexico, Portugal, Slovakia and the United Kingdom. The zone showcases the world's eight major spirit categories, including baijiu, whisky, vodka, rum, tequila, brandy (including cognac), gin and soju, enabling buyers to discover premium spirits from around the world in one place while exploring the distinctive flavours and heritage behind different spirit-producing regions. Highlights include:King Barley Single Malt Whisky from Moravia, Czechia (Booth: 3E-A16), produced at the TÄ›šitice Distillery with a heritage dating back to 1973. Crafted using locally sourced ingredients and traditional distillation methods, the whisky reflects the unique terroir of one of Central Europe's most fertile agricultural regions.Legenda Cherry Spiced Rum (Booth: 3E-B13) from Slovakia, bringing together the rich character of Caribbean rum with vibrant fruit and warming spices, creating a smooth and delicious balance of sweetness, spice and cherry flavour.The media luncheon offered a preview of over 20 products, featuring a diverse range of wines and spirits from renowned producing regions worldwide. The selection reflects the depth, diversity and international character of this year's Hong Kong International Wine & Spirits FairTop 10 Chinese Baijiu Brands gather to accelerate international expansionAmong the wide range of spirits on offer, baijiu stands out as one of the fair's strongest categories in 2026. The “Top 10 Chinese Baijiu Brands” will converge at this year's fair, including renowned names such as Kweichow Moutai and Yanghe. Leveraging Hong Kong's unique position as an international wine and spirits trading hub, participating baijiu producers are using the fair as a platform to develop markets overseas and accelerate baijiu's global expansion, rejuvenation and diversification. A new interactive installation combining culture and technology will make its debut at this year's fair, showcasing the traditional craftsmanship behind Chinese baijiu and the rich knowledge contained in the classic text Jiudian, while offering visitors a deeper appreciation of baijiu's history and cultural heritage. The fair will also feature a series of baijiu-themed events, including a seminar, "Chinese Baijiu Go Global", where industry experts and brand representatives will discuss the opportunities and challenges arising from overseas expansion. The programme aims to help mainland brands connect with international buyers and explore new business opportunities worldwide.Among the exhibitors, Xiantan Distillery (Booth: 3D-A02), a multiple gold medal winner at the International Wine and Spirit Competition (IWSC) with its Tanjiu collection, has been actively pursuing a younger consumer base in recent years. The company has introduced a 39% ABV version and 100ml mini-bottle packaging, making sauce-flavoured baijiu more accessible to younger consumers. With Southeast Asia and Europe identified as key target markets, the company hopes to connect with more international trade buyers through the fair and further expand its global footprint.China Honest Industrial Limited (Booth: 3C-E24) showcases an innovative Sauce-Flavoured Whisky that artfully blends the distinctive character of Chinese baijiu with the craftsmanship of Western whisky. Featuring a unique “30% sauce aroma, 70% malt aroma” profile, it highlights a new style of cross-category spirit innovation Producers of Chinese baijiu and Chinese wines are leveraging the fair to expand into overseas markets and accelerate their global developmentAn automated cocktail machine offers visitors an innovative and interactive way to experience the growing cocktail cultureWiseville (Asia-Pacific) Limited (Booth: 3C-C02) showcases a selection of premium Hungarian wines, including Tiffán Villányi Franc 2015 (left) and Dereszla Tokaji Kabar Száraz 2022 (right), highlighting the distinctive terroir and winemaking craftsmanship of the countryEmerging wine regions take centre stage with Chinese wines growing in recognitionOn the wine front, this year's fair brings together exhibitors from a wide range of wine-producing countries and regions. For the first time, pavilions from Georgia and Italy's Calabria wine region will participate, offering buyers an opportunity to discover distinctive wines that reflect the character and heritage of their origins. Meanwhile, as Chinese wines continue to attract growing attention in the market, exhibitors from major Chinese wine-producing regions, including Xinjiang, Ningxia and Xizang, will showcase their products to international buyers, demonstrating the diversity, quality and growing potential of the mainland’s wine industry.Among the highlights are Pazhu Rigang 3675 red wine from Xizang (Booth: 3D-A22), produced in one of the world's highest-altitude wine-growing regions, and Sundyard Private Collection Five-Star Dry Red Wine from Xinjiang (Booth: 3D-C02), reflecting the unique terroir and winemaking expertise of China's leading wine-producing region. Other featured wines include:Pinot Noir Ben's Reserve 2020 from Czechia (Booth: 3E-A16). Matured for 18 months in premium French oak barrels following open-top fermentation, the wine offers aromas of sweet cherry preserve and ripe stone fruits, complemented by a smooth palate and an elegant finish.Concept Feteasca Neagra 2022 from Romania (Booth: 3E-C10), crafted from the country's signature indigenous red grape variety. Full-bodied and well-structured, it delivers a balanced expression of fruit and depth, making it an excellent companion to red meats and a variety of cuisines.Local brands showcase creativity as low- and no-alcohol drinks gain momentumThe fair also enjoys strong support from home-grown Hong Kong brands, highlighting the creativity and craftsmanship of the local wine and spirits sector. Many local producers have successfully blended traditional production techniques with distinctive Hong Kong elements and innovative ideas. For example:Quadran Gin Salty Lime London Dry Gin (Booth: 3C-D28), inspired by the beloved Hong Kong drink "Salted Lemon 7-Up" and created by two former bankers who studied distillation in the United Kingdom, the gin showcases a distinctive flavour profile that blends Hong Kong's culinary heritage with contemporary craft distilling.CATNIP tea gin – YUAN YANG (Booth: 3C-E27), inspired by Hong Kong's iconic tea café beverage that combines coffee and tea, reinterpreted through the art of gin-making.As health-conscious drinks consumption continues to gain traction, low- and no-alcohol beverages are becoming increasingly popular among consumers. This year's fair will feature a range of related products such as Neon Tiger Real Fruit Soda (Booth: 3C-C16), made with real fruit juice and natural carbonation. Containing around 50% less sugar than conventional soft drinks, it offers a refreshing alternative for consumers seeking healthier beverage options.Over 40 events spotlight industry trends and cocktail cultureMore than 40 events will be held throughout the fair, covering a diverse range of industry topics and tasting experiences. Renowned wine experts, including Masters of Wine Debra Meiburg, Bill Liu and Jennifer Docherty, will host masterclasses exploring global wine market trends and sharing professional tasting insights. The highly anticipated “Sommeliers' Picks” will also return. Master Sommelier Derek Li, together with award-winning sommeliers Carlito Chiu and Anty Fung, will conduct blind tastings of selected exhibiting wines and spirits to create their recommended lists for industry professionals and consumers. Selected products will be identified with special labels throughout the fair, while the results will be announced on the opening day.This year's fair will place a stronger emphasis on cocktail culture, introducing a series of cocktail-themed events and parties. One of the highlights will be a sharing session hosted by actress and wine commentator Bernice Liu, joined by representatives from some of Asia's leading bars, including Bar Leone, COA, Penicillin, The Opposites and The Savory Project. Among them, Hong Kong’s Bar Leone was named No. 1 on the World's 50 Best Bars list in both 2025 and 2026, becoming the first Asian bar to achieve the top ranking. Through a more engaging and interactive format, the fair aims to bring the increasingly popular cocktail culture closer to both trade visitors and consumers. Additional cocktail-themed events include Geonbae from Korea, organised by KOTRA Hong Kong (Korea Trade-Investment Promotion Agency); and the Hong Kong International Mixology Showdown 2026 – Semi Final for the Hong Kong region and the Final of the China GBA region.Public day offers multiple delights for local drinks loversOn the final day of the fair, 7 November (Saturday), the designated public zone Saturday Fiesta will open to visitors aged 18 or above. Admission for Saturday Fiesta is priced at HK$220 per ticket. From now until 6pm on 6 November, public can enjoy a special ticket offer at HK$128 through designated ticketing platforms*. Visitors purchasing promotional tickets will receive a complimentary Lucaris Crystal Wine Glass (while stocks last). They can also sample and buy a range of wines and spirits, while enjoying wine tasting experiences through several activities including the FIGARO AFTER HOURS Canton cocktail music party. Pre-registration for public-day activities is available through the fair website.*Promotional ticket offer detailsFrom now until 6pm on 6 November, public-day tickets are available at the promotional price of HK$128 through HK01, KKday, KLOOK, Trip.com, Trans-Island Chinalink, Wai Shing Wine Int’l Co Ltd and WineNow.Photo download: https://bit.ly/47JhmJPWebsiteHong Kong International Wine & Spirits Fair: https://www.hktdc.com/event/hkwinefair/enMedia enquiries:For enquiries, please contact:HKTDC Communication and Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgSerena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

JAKARTA, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - The Directorate General of Intellectual Property (DJKI) at the Ministry of Law is inviting investors and industry players to attend the Indonesia Patent Business Forum (FBPI) 2026, which will take place on November 3–5, 2026, at the Jakarta International Convention Center (JCC). The forum aims to connect Indonesian innovations with business collaboration and investment opportunities.Director General of Intellectual Property, Hermansyah Siregar, said patents hold strategic value when protected technologies can address market needs and generate economic value. Industry and investor participation is therefore essential to bridging research outcomes with business needs."Patents need more than legal protection; they must also be put to use to create added value. Through the Indonesia Patent Business Forum, we aim to connect inventors with industry players and investors, giving domestic innovations greater opportunities for further development and commercialization," Hermansyah said in an interview at the DJKI Building on Thursday, October 22, 2026.Minister of Law Supratman Andi Agtas also highlighted the importance of collaboration between national researchers, industry players, and business associations in an interview held during the 'Hari Pengayoman' commemoration."We will bring together universities and the National Research and Innovation Agency (BRIN), along with the Indonesian Chamber of Commerce and Industry (KADIN), the Indonesian Employers Association (APINDO), the Indonesian Chinese Association (INTI), and other business associations. The goal is to connect national research outputs with potential buyers interested in acquiring them through licensing agreements," Supratman said.The 2026 Indonesia Patent Business Forum, themed "Patents Driving the People's Economy," features a series of programs designed to connect industry needs with the potential of domestic innovations. In addition to exhibition areas showcasing inventors and patented technologies, the forum will feature investment and industry zones, intellectual property and patent services, and an innovation showcase highlighting technologies with potential for further development.The program will also include pitching sessions, discussions on strategies for commercializing patented technologies, and opportunities to explore partnerships among inventors, universities, research institutions, and industry players. One of the key events is the Patent Townhall Pitching, which provides a platform for industry players to communicate their technology needs to universities and research institutions, particularly in the automotive and electric vehicle sectors, as well as electronics and the Internet of Things (IoT).For industry players, the forum offers a starting point for identifying alternative technologies, exploring product development opportunities, and establishing collaborations with inventors. Investors, meanwhile, can use the forum to identify technologies that align with market needs and explore potential investment opportunities. Possible forms of collaboration include patent licensing, technology development, commercial partnerships, and investment, depending on the readiness of each invention and the agreement between the parties."We hope these meetings between inventors and potential partners will pave the way for collaboration, including patent licensing, technology development, commercial partnerships, and investment opportunities, depending on the needs and readiness of each invention," Hermansyah said.Business participation is essential to ensuring that innovations developed by Indonesian researchers and inventors move beyond the discovery stage. Engaging potential technology users from the outset can help align technological capabilities with actual industry needs while creating opportunities for broader patent utilization.DJKI invites investors, industry players, business owners, and other stakeholders involved in technology development and utilization to attend FBPI 2026. Further information about the forum and its program is available at forumbisnispaten.dgip.go.id.Through FBPI 2026, DJKI aims to foster greater collaboration between inventors and the business sector, enabling domestic patents to drive innovation, strengthen industrial competitiveness, and generate economic value.About DJKIThe Directorate General of Intellectual Property (DJKI) is an echelon I unit under the Ministry of Law of the Republic of Indonesia, responsible for formulating and implementing policies in the field of intellectual property.DJKI provides registration and protection services for copyrights, patents, trademarks, industrial designs, geographical indications, integrated circuit layout designs, and trade secrets. Through digital transformation and strengthened public services, DJKI is committed to providing fast, transparent, and accountable legal protection for creators, inventors, and businesses across Indonesia.Directorate General of Intellectual Property (DJKI) – Public RelationsMinistry of Law of the Republic of IndonesiaDJKI BuildingJl. HR. Rasuna Said Kav. 8–9, South Jakarta, Jakarta, IndonesiaM. Wahdan H.J.Q.+62 878-3954-615 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - October 22, 2026, Quant Group (02685.HK), has released a series of embodied-AI demonstrations conducted in a working restaurant kitchen, validating its Physical AI foundation model under real-world food-service conditions.At its GTC conference, NVIDIA shifted the industry’s focus from “selling GPUs” to “selling AI factories” — a signal that the global AI industry is moving decisively from digital interfaces into the physical world. Capital markets are repricing accordingly: Field AI, which does not manufacture its own robots, is reported to have been valued in the region of US$10 billion. What the industry lacks is not hardware, but the capability layer that makes that hardware work out of the box in real-world settings.That capability layer is what Quant Group is targeting. The company does not manufacture robot hardware; it is developing an open physical-world foundation model that generalizes across scenarios and robot platforms. Its growth potential depends on how well the model generalizes, rather than on hardware production capacity or the ability to delivery project. The Endgame in Physical AI: A Cross-Scenario Foundation Model for the Physical WorldPhysical AI is the ultimate frontier of artificial intelligence,with companies competing to sell hardware, solutions or AI capabilities. The first two business models scale project by project, placing clear limits on growth. The third is built around a foundation model— “train it once, deploy across multiple scenarios”,with marginal costs approaching zero.Quant Group has chosen the third path. Its architecture separates software from hardware: the physical-world foundation model is not tied to any single hardware platform, and the same underlying model can run on different hardware platforms. The test is whether a single underlying model can transfer learned skills across different tasks, different materials and different types of physical disturbance.Real-World Trials: Repeated Closed-Loop Validation in a Live KitchenQuant Group is one of a small number of companies with a Physical AI focus listed on the Main Board of The Stock Exchange of Hong Kong Limited. It has recently released several embodied-AI demonstrations for commercial kitchens, each validated through repeated testing and deployed under real, dynamically changing kitchen conditions. From the mid-2026 demonstrations — sandwich preparation using dexterous manipulation, shopping-bag sorting, steak seasoning and coordinated dual-arm milk-tea preparation— to the four most recent ones, the company’s embodied-AI capabilities have progressed from dexterous manipulation to handling a combination of materials, another step toward a full Physical AI foundation model.Preparing hand-pounded lemon tea tests closed-loop control in a precision manipulation task. With the left hand steadying the cup and the right hand pounding repeatedly, the “one arm moving, one arm steady” dual-arm coordination is underpinned by an RSI self-evolving loop that continuously records trajectories, identifies deviations and adjusts rhythm during drink preparing. Demo image: hand-pounded lemon tea — live commercial-kitchen testPreparing flaky flatbread tests the ability to track task progress over a long sequence of actions. Twenty-two consecutive actions require the robot to remember which step it has reached and which tool comes next: System 2 handles global planning and exceptions while System 1 executes actions in real time. This demonstrates the agent’s procedural memory and coordinated use of different tools in an unstructured environment. Demo image: flaky flatbread — live commercial-kitchen testPreparing stir-fried shredded potatoes tests the robot’s ability to respond to the changing conditions of Chinese wok cooking. The slippery shreds can easily slip during transfer, the materials shift continuously in the wok, and dual-arm coordination demands millisecond-level timing — one hand working the wok, the other holding the spatula.The task involves relatively few steps, but the robot must respond to frequent disturbances during physical interaction. Demo image: stir-fried shredded potatoes — live commercial-kitchen testPreparing egg cake tests whether the model can generalize across multiple types of materials. High-viscosity batter requires anticipating how the fluid will flow; unevenly sized pieces of crushed peanut require precise, localized sprinkling; folding the soft cake demands extremely precise and continuous adjustment of contact force. The task tests the foundation model’s ability to transfer learned skills when the object changes. Demo image: egg cake — live commercial-kitchen testFollowing these kitchen trials, the next step is cross-scenario reuse — extending these capablities beyond food service to a broader range of hardware platforms. The Moat Behind “Selling AI Capability” Is a Vast Amount of User Data, Not ParametersThe key difference between Physical AI and language models is that language data can be harvested from the internet in effectively unlimited quantities, whereas physical-interaction data can only be generated through operation in the real world. Quant Group runs its trials in a restaurant kitchen rather than a laboratory precisely because the kitchen’s complex, unstructured conditions cannot be fully reproduced in simulation. Each real-world trial strengthens this data advantage: a data set of genuine physical interactions that can only be built up over time.Quant Group’s consumer e-commerce business provides funding for this development. In 2025 the company reported revenue of RMB 1.035 billion and net profit of RMB 195 million, while gross merchandise value (GMV) on its Yangxiaomie platform exceeded RMB 10 billion. 30 percent of the proceeds from its July placing were allocated to research and development of the Physical AI foundation model, and a further 40 percent to the commercialization of intelligent hardware.Frost & Sullivan forecasts that Physical AI will grow at a compound annual growth rate (CAGR) of 47.2 percent, with the global market for related industries potentially reaching US$3.25 trillion by 2040. What will determine who secures the “picks-and-shovels” position is not who makes bold claims first, but who first delivers AI capabilities that can be reliably deployed across multiple scenarios, backed by a sufficiently rich dataset of real-world interactions.Quant Group’s share price has recently shown signs of bottoming out, with its price-to-earnings ratio stabilising at around 19–20 times and its price-to-sales ratio at just around 2 times. These valuations suggest that the market has not yet to fully value Quant Group as a physical AI company. As companies in the sector accelerate their development, more growth stories and investment candidates are likely to emerge, creating new investment opportunities and scope for returns.About Quant Group (02685.HK) Quant Group is an AI technology company listed on the Main Board of the Hong Kong Stock Exchange, called Hong Kong’s first listed “Embodied AI” company.The company operates a dual-track business model: e-commerce AI solutions that generate steady cash flow, and physical AI capabilities that extend AI from the digital world into real-world commercial environments including restaurants, retail stores, and automotive showrooms. In 2025, Quant Group reported revenue of RMB 1.035 billion and net profit of RMB 195 million, up 32.6% year-over-year.IR Contact Information:lR@quantgroup.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

ORLANDO, FL, Oct 23, 2026 - (ACN Newswire via SeaPRwire.com) - MicroVision, Inc. (NASDAQ: MVIS), a leader in advanced perception solutions for industrial, security and defense, intelligent infrastructure, and automotive applications, today announced the much-anticipated commercial production launch of MOVIA™ Pro, shipping sensors to meet customer demand. MOVIA Pro is the company’s next-generation short-range lidar sensor uniquely engineered to deliver differentiated sensing performance and onboard perception capabilities, with flexible integration across intelligent infrastructure, unmanned aerial, industrial robotics, and other emerging autonomous applications. As the lidar industry transitions toward solid-state architectures that enable cost-effective sensing solutions, MicroVision’s MOVIA Pro is designed to deliver enhanced short-range detection performance for demanding applications. By combining advanced sensing capabilities with onboard perception, MOVIA Pro makes high-performance lidar more accessible across a broader range of autonomous and intelligent systems. MOVIA Pro joins the company's broader portfolio of short- and long-range lidar technologies, airborne sensing solutions and advanced perception software, providing customers with configurable solutions for a growing range of operating environments. The launch of MOVIA Pro reinforces MicroVision's transformation into a diversified perception technology company focused on delivering commercially ready solutions for industrial, intelligent infrastructure, security and defense, and emerging autonomous applications. "We’re thrilled to meet pent-up customer demand with this production launch of MOVIA Pro,” said Glen DeVos, CEO of MicroVision. “Customers are ready to progress from evaluation of prototypes to launching commercial programs, and we are pleased to support their progression. Our Orlando-based state-of-the-art production facility is manufacturing MOVIA Pro to meet the increasing demand. DeVos continued, "With MOVIA Pro, we've combined high-performance sensing with onboard computing, an open software framework and industrial-ready connectivity. This is one device that can sense, perceive, and act, providing customers with a more integrated and adaptable solution." One Sensor That Sees, Understands, and Enables Solutions at the Edge MOVIA Pro is MicroVision’s production-ready version of MOVIA S, loaded with high-performance features and a differentiation that extends beyond sensing hardware. Built around an integrated processing architecture, MOVIA Pro enables perception software to run directly on the sensor through MicroVision's Open Software Framework. This allows developers and customers to build, deploy, and update applications on the device, rather than relying exclusively on external computing hardware to interpret point-cloud data. The architecture enables MOVIA Pro to generate sensing information, process that information into actionable perception outputs, and communicate results directly to connected systems. Key capabilities include: Onboard perception, edge AI, and open software: Processes point-cloud data directly on the sensor to generate object-level information, supporting AI at the edge and reducing reliance on external computing devices. Multi-echo sensing enhances perception by capturing multiple returns from a single emitted pulse, helping detect objects in challenging conditions. An open, Linux-based software framework enables customers to develop, deploy, and update perception applications. Flexible connectivity and industrial integration: Supports CAN, Gigabit and 100Mbit Ethernet, and industrial-ready I/O and connectors to simplify integration with industrial equipment, vehicles, and control systems. Software-defined evolution: Enables capabilities and enhancements through software updates, with a foundation for future-edge computing and AI-ready capabilities. By combining sensing and perception in a single device, MOVIA Pro is designed to reduce system complexity, cabling and external hardware requirements while supporting more efficient integration, maintenance and future upgrades. Movia Pro is MicroVision’s next-generation short-range lidar sensor that delivers integrated perception and multi-echo sensing, built for flexible integration across various commercial applications. Purpose-Built for High-Value Commercial Applications MOVIA Pro is designed to support a broad range of commercial and defense applications, with MicroVision prioritizing markets where advanced short-range perception can address immediate operational challenges and enable new levels of automation. Its configurable sensing and perception architecture supports applications across: Aerial Systems – Civil and Defense: Supporting navigation, obstacle awareness, mapping, environmental perception and autonomous operations for unmanned platforms, where compact sensing, onboard processing and reliable perception are critical. Intelligent Transportation and Smart Infrastructure: Enabling intelligent intersections, traffic monitoring, automated traffic enforcement, infrastructure surveillance and connected transportation systems through high-resolution sensing, broad field of view, and industrial connectivity. Anonymized sensing capabilities can support monitoring applications where privacy is a consideration. Warehouse and Industrial Automation: Supporting obstacle detection, environmental awareness and automated navigation for autonomous mobile robots (AMRs), automated guided vehicles (AGVs), forklift advanced driver-assistance systems and other intelligent industrial equipment. Continuous near-field coverage, multi-echo capabilities and onboard perception help address dynamic environments where people, equipment and autonomous machines operate in close proximity. Security, Defense, and Emerging Applications: Supporting infrastructure protection, autonomous ground systems, off-road unmanned ground vehicles, marine systems, commercial vehicles and selected automotive applications, including low-speed autonomy, blind-spot detection and off-road assistance. Availability and Product Information MOVIA Pro is now available for customer orders. For additional product information, visit https://microvision.com/sensors/movia-pro. For inquiries, please contact us here. About MicroVision MicroVision is defining the next generation of lidar-based perception solutions for industrial, security & defense, infrastructure, and automotive markets. As the industry moves beyond proof of concept toward value, deployment, and commercialization, MicroVision delivers integrated hardware and software solutions designed for real-world performance, automotive-grade reliability, and economic scalability. With engineering centers in the U.S. and Germany, MicroVision leads the industry in depth and breadth of its portfolio, with both short- and long-range lidar solutions, featuring solid-state sensors, advanced sensor architectures, design-to-cost engineering, and open software solutions. For more information, visit the company's website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc, and LinkedIn at www.linkedin.com/company/microvision/. MicroVision, MicroVision HALO, IRIS, MOVIA, MOSAIK, and SENTINEL are trademarks of MicroVision, Inc., and SCANTINEL is a trademark of Scantinel GmbH, in the United States and other countries. All other trademarks are the property of their respective owners. Investor Relations Contact: Jeff Christensen Darrow Associates Investor Relations MVIS@darrowir.com Media Contact:Heidi Davidson - For MicroVision heidi@galvanizeworldwide.com (914) 441-6862 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SINGAPORE, October 27, 2026 - (ACN Newswire via SeaPRwire.com) - Australian Made Campaign Limited (AMCL) is putting its unmistakable green-and-gold Australian Made kangaroo firmly in view across Singapore this October with Australian Made, Singaporean Approved - a new awareness push celebrating Australian products, provenance and the spirit behind the mark.Launching at Trifecta Singapore, the initiative will channel Australia’s confidence and sense of adventure through high-impact creative and digital content. At its centre is a simple message: Look for the iconic Australian Made Kangaroo - a cue to explore the breadth of Australian Made products available in Singapore and understand what sets them apart.Local shoppers may already have encountered the familiar logo on products they know and use without necessarily knowing what sits behind it. Australian Made, Singaporean Approved aims to change that - building greater understanding of what the symbol represents while leaving the ultimate seal of approval to Singaporeans themselves. Designed by Dr. Ken Cato AO and introduced 40 years ago, the green-and-gold kangaroo is today recognised by 99 per cent of Australians, with +82 Net Trust Score and nine in ten Australians confident that products displaying it are genuinely Australian. Australian Made, Singapore Approved aims to build that same recognition and trust among Singapore consumers. This vibrant campaign seeks to deepen awareness of the kangaroo as a trusted sign of Australian authenticity and a go-to shopping cue.Ben Lazzaro, Chief Executive of Australian Made Campaign Limited, said: “Singaporeans know Australia well – its products, produce, quality and way of life – and they know what they like. Australian Made, Singaporean Approved celebrates that connection with the confidence, optimism and sense of discovery that Australians are known for.”“The green-and-gold kangaroo tells you a product is authentically Australian Made. Whether it becomes Singaporean Approved is ultimately up to Singaporeans. We want people to discover the breadth of Australian products available here, try something they may not have encountered before, and when they want to know if something is genuinely Australian Made, look for the kangaroo.” Look for the Kangaroo - Discover, experience and winFrom skincare and wellness to food and beverage, apparel, homewares and pet nutrition, Australian Made, Singapore Approved will spotlight the breadth of certified Australian-made goods already available in Singapore.Over the next three months, Australian Made, Singaporean Approved will come to life across Singapore through creative storytelling with media and digital content creators. The green-and-gold kangaroo will also take to the streets through outdoor advertising across Grab.” A dedicated Singapore website will provide more information about Australian Made and showcase brands available locally. Beyond the launch, a contest will also give six winners the chance to experience Trifecta for themselves.The campaign will also meet Singaporeans at the BYD Singapore International Marathon from 3 to 6 December, with a dedicated Australian Made booth inviting visitors to look for the kangaroo, discover Australian Made brands, and take part in interactive activities and giveaways.The kangaroo has to be earnedNot every product that looks or sounds Australian can carry the green-and-gold kangaroo. The logo is reserved for products that meet the Australian Made campaign’s carefully defined eligibility criteria. It gives shoppers a clear and trusted way to recognise products that are genuinely Australian Made. For more information and to discover participating brands and products, visit: https://australianmade.com.au/campaigns/singaporeanapproved/ ABOUT THE AUSTRALIAN MADE, AUSTRALIAN GROWN LOGO The green-and-gold Australian Made, Australian Grown (AMAG) logo is the only registered country-of-origin certification trademark for genuine Australian products and produce.The AMAG logo can only be used on products registered with the not-for-profit organisation Australian Made Campaign Limited. The strict set of rules governing the logo’s use also requires that it must always be used with one of five descriptors: ‘Australian Made’, ‘Australian Grown’, ‘Product of Australia’, ‘Australian Seafood’ or ‘Australian’ (for export use only). To use the logo, goods must meet the criteria set out in Australian Consumer Law as well as the more stringent Australian Made, Australian Grown Logo Code of Practice. More than 4,600 businesses are registered to use the AMAG logo, which can be found on thousands of products sold worldwide.Australian Made Campaign Limited is located at Level 4, 111 Coventry Street, Southbank, VIC 3006, Australia. Free ph: 1800 350 520 www.australianmade.com.au Media Contact:Wani DiwarkarE: wani@prbespoke.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - Micot Pharma (HKEX: 2335) presented its in-house neuroprotective drug candidate MT200605 in an oral presentation at the 18th World Stroke Congress (WSC 2026), held in Seoul, South Korea, on October 21–23, 2026. The presentation covered the candidate’s mechanism of action, preclinical findings and Phase I data from China and the United States.Micot Pharma describes MT200605 as a first-in-class small-molecule TrkB agonist that crosses the blood–brain barrier and is being developed for acute ischemic stroke (AIS). The WSC presentation adds international visibility to a program backed by positive Phase II stroke data and China–U.S. Phase I experience. Together, these elements strengthen the company’s case for potential licensing and co-development partnerships outside China.The 18th World Stroke Congress (WSC 2026), held in Seoul, South Korea.A Differentiated Approach to Stroke NeuroprotectionSelection for an oral presentation gave Micot Pharma a forum to present MT200605’s development rationale to international stroke specialists and potential research partners.Dr. Liu, Micot Pharma’s executive director of nonclinical R&D, presents MT200605 at WSC 2026.Reperfusion therapies, including thrombolysis and mechanical thrombectomy, can restore blood flow after an ischemic stroke. However, ischemia–reperfusion injury and neuronal death can still contribute to disability and mortality. There remains a substantial need for neuroprotective therapies that demonstrate meaningful functional benefits in well-controlled clinical trials.MT200605’s differentiation lies in a single molecule designed to address multiple points in the ischemic cascade. Its preclinical rationale combines direct TrkB activation, TrkB-independent antioxidant activity, effects on microcirculation and mitochondrial protection, with the aim of limiting injury and supporting endogenous neural repair.In a preclinical stroke model, survival was 79.2% in the MT200605 group, compared with 44.8% in the edaravone comparator group. The company also reported a significant reduction in infarct volume. Phase I studies in China and the United States showed favorable safety and tolerability and predictable pharmacokinetics.Positive Phase II Results in Acute Ischemic StrokeIn a 360-patient, multicenter, randomized, double-blind, placebo-controlled Phase II trial in China, MT200605 met its primary efficacy endpoint and key secondary endpoints, according to Micot Pharma. The high-dose group achieved a statistically significant improvement over placebo in the proportion of patients with a modified Rankin Scale (mRS) score of 0–1 at Day 90. This represents no symptoms or no significant disability despite symptoms, with patients able to carry out their usual activities.According to Micot Pharma, the odds of achieving this outcome were more than twice as high in the high-dose group as with placebo. The company also reported approximately one additional patient with a favorable functional outcome for every six patients treated, compared with placebo.Secondary endpoint findings supported early neurological improvement, as measured by the National Institutes of Health Stroke Scale (NIHSS), alongside a clear dose–response relationship. The study also showed a favorable safety profile, according to the company.Micot Pharma reported that the incidence of post-stroke acute kidney injury (AKI) in the high-dose group was more than 80% lower than in the placebo group. The finding points to a potential benefit beyond neuroprotection and supports further investigation of MT200605’s proposed combined brain and kidney protection.Micot Pharma views the Phase II findings as clinical proof of concept in AIS, providing a foundation for further clinical development.Potential Beyond Stroke Broadens the CNS OpportunityThe WSC presentation followed MT200605’s appearance at the International Congress of Parkinson’s Disease and Movement Disorders (MDS 2026). At MDS, Micot Pharma presented preclinical Huntington’s disease findings alongside Phase I safety and pharmacokinetic data from healthy adults. The two congress presentations brought different parts of the development program to international audiences in cerebrovascular and neurodegenerative diseases.According to Micot Pharma, MT200605 has received orphan drug designation from the U.S. Food and Drug Administration for Huntington’s disease. TrkB activation and mitochondrial protection provide a biological rationale for exploring the candidate in neurodegenerative conditions, including Huntington’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (ALS). Clinical efficacy in these additional indications has not yet been established.For Micot Pharma, the potential to extend MT200605 beyond stroke offers a path toward a broader central nervous system (CNS) portfolio. If supported by indication-specific clinical data, expansion into neurodegenerative diseases could broaden the candidate’s commercial opportunity and its contribution to the company’s long-term value.Focus on Phase 3 Clinical Progress and Overseas PartneringThe combination of a differentiated mechanism, positive Phase II findings and China–U.S. clinical experience gives Micot Pharma a more developed evidence base to present to potential partners. International congresses provide opportunities to discuss that evidence with investigators and pharmaceutical companies, supporting the company’s efforts to explore global development options.Key developments to watch include the design and initiation of Phase â…¢ registrational trials in China and potential multiregional clinical trials (MRCTs), as well as any disclosed out-licensing, co-development or regional partnerships outside China. Additional human clinical data in indications such as Huntington’s disease will be important in assessing MT200605’s broader CNS potential. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - On 25 October 2026, Quant Group (02685.HK), as Hong Kong's first listed "Embodied AI" company, announced that its indirectly wholly owned subsidiary Silicon Base (Beijing) Intelligent Technology Development Company has entered into a framework procurement agreement with Chewujie (Beijing) Automobile Co., Ltd. Under the agreement, Quant Group is to supply up to 2,000 embodied-AI robot solutions by end-2027, covering reception, vehicle presentation, customer engagement, sales lead capture and distribution at automobile showrooms and 4S outlets. The deal marks the first large-scale framework order for Quant Group's Physical AI business — a milestone signalling a shift from "technical feasibility validation" to "commercial delivery."The agreement raises three questions for the market: how much revenue it could generate? What it means for Quant Group, currently valued at less than HK$2 billion? What valuation the company could justify based on embodied AI sector benchmarks?I. Integrated Solutions Command a Premium, Offering Significant Revenue UpsideQuant Group delivers an integrated value proposition — "robot hardware + embedded software + scenario configuration + supporting services" — with pricing that differs from that of pure hardware vendors. In its previously disclosed food-service deployment, Quant Group adopted a three-layer architecture: "Store Agent + humanoid robot + automated equipment." At a jointly operated pilot outlet, monthly labour costs fell from RMB 35,000 to RMB 20,500, delivering tangible cost savings for the customer. Integrated solutions typically sell for more than standalone hardware.Combined Chewujie's network of thousands of 4S outlets and Quant Group's AI models and software for robots, this collaboration is expected to offer significant revenue potential. Under a conservative scenario (lightweight interactive robots + basic software licensing), the per-solution price is approximately RMB 15,000, implying incremental revenue of around RMB 30 million. Under a standard embodied-AI package with scenario customization, the estimated per-solution price is roughly RMB 50,000, implying incremental revenue of about RMB 100 million. At the high end (a premium or full-stack humanoid robot solution plus deep customization and a full AI Agent system), per-solution price can reach RMB 100,000–200,000, with potential incremental revenue of RMB 200–400 million.The above estimates assume full delivery. The company's announcement also states that the planned quantities for each period are indicative only and do not constitute fixed delivery obligations; actual deliveries will depend on demand from Chewujie's outlets. Revenue will be recognised in stages, with timing and amount remaining uncertain.II. The Current Share Price Does Not Yet Reflect the Physical AI Business; The Embodied-AI Sector Provides a "Valuation Anchor"As of 23 October 2026, Quant Group closed at HK$2.935, below its net asset value per share, giving a market capitalization of approximately HK$1.65 billion. Since listing, the company's share price previously peaked at HK$43.36 (market cap exceeding HK$24 billion), yet it has since pulled back to current levels even as Physical AI orders have progressively materialized — a clear valuation mismatch. On 2025 revenue of RMB 1.035 billion and net profit of RMB 195 million, the current price-to-sales (PS) ratio is approximately 0.8 and the price-to-earnings (PE) ratio is about 8. The market's current pricing of Quant Group rests almost entirely on its mature e-commerce AI solutions business — a consumer technology platform generating around RMB 1 billion in revenue and nearly RMB 200 million in net profit. Its embodied AI business, which the company has been actively developing since early 2026, is barely reflected in its current valuation .In 2026, embodied-AI companies have gone public in quick succession, establishing a price-to-sales (PS)-based valuation framework. UBTECH reported 2025 revenue of RMB 2.001 billion and a net loss of RMB 703 million, yet commands a market cap of roughly HK$34.3 billion — implying a PS ratio of 15-20. Unitree reported 2025 revenue of RMB 1.699 billion and net profit of RMB 591 million; its market cap stands at RMB 236.6 billion (spiking to RMB 444.9 billion on its IPO debut), implying a PS ratio of approximately 36. The sector-average PS ratio is around 25. Market commentary broadly suggests that current embodied-AI valuations still reflect a "manufacturing" multiple and have not yet factored in the optionality inherent in the Physical AI foundation model as an industry-wide enabling layer. In other words, even at a P/S ratio of 36, Unitree's valuation does not, on this analysis, include a valuation premium for its models or software — a key point of differentiation for Quant Group.Overseas, institutional valuation models commonly apply a P/S ratio of 25 to Tesla's Optimus, providing another "valuation anchor" for the embodied-AI sector. In sum-of-the-parts models from Morgan Stanley, Piper Sandler and others, Optimus commands a multiple significantly above traditional automotive manufacturing. The logic is that the robotics business is fundamentally not about selling hardware but about selling "automation capability" — a thesis that aligns closely with Quant Group's positioning as a "capability-layer" provider.III. SOTP Re-Rating: Potential for a Valuation Approaching HK$10 BillionThe e-commerce AI solutions business provides a solid base. In 2025 the company reported e-commerce revenue of RMB 1.035 billion and net profit of RMB 195 million; gross merchandise value (GMV) on its Yangxiaomie platform exceeded RMB 10 billion, and cash flow is stable. This segment is expected to remain resilient. Applying a P/S ratio of 1.5–2 or P/E ratio of 8–10 to the e-commerce business implies a valuation of approximately RMB 2 billion.The Physical AI business is the core driver of Quant Group's re-rating. Its unique positioning: it does not manufacture its own robots — it positions itself as a Physical AI foundation model provider, providing its WAM world model and Store Agent — effectively the "operating system" of the embodied-AI sector. According to public reporting, the company has completed multi-scenario techinical feasibility validation spanning hand-pounded lemon tea, flaky flatbread (shouzhuabing), stir-fried shredded potatoes and automobile showroom deployments, demonstrating its industry-leading breadth of techinical feasibility validation across these applications. It has also built an integrated ecosystem with ByteDance Volcengine, Tungkong Inc.'s Ruihong Robot and Chewujie connecting AI models, robot hardware and real-world applications. Separately, it has co-established a RMB 1 billion cognitive-intelligence fund with Z.AI and Jiangmen Ventures. Together, these initiatives indicate that Quant Group has established an ecosystem for its Physical AI business and is approaching its first year of commercialisation.Based on rough estimates, Quant Group's Physical AI business could generate revenue of approximately RMB 140 million in 2027, comprising roughly RMB 50 million from the Chewujie order (assuming 50% realization), circa RMB 40 million from Beijing Ruihong, around RMB 18 million from food service and other retail, and approximately RMB 30 million from software licensing fee/ Annual SaaS subscription fees. If realization exceeds expectations or more enterprise clients come on board, 2027-2028 revenue could potentially reach RMB 300-500 million. Applying a PS ratio of 25 to projected 2027 revenue of RMB 150–300 million yields an implied valuation of RMB 3.75-7.5 billion.Under a sum-of-the-parts (SOTP) valuation model, combining the two segments suggests a fair value for Quant Group of approximately RMB 5.75-9.5 billion. Converted at the upper end (RMB 9.5 billion), this equates to roughly HK$11 billion, or a share price of about HK$19.5. Key assumptions underlying this target include: delivery of at least 50% of the 2,000 units envisaged under the Chewujie framework agreement; 2027 Physical AI revenue exceeding RMB 200 million; and the company successfully communicating its "Physical AI foundation model provider" positioning to the market, with sector sentiment remaining supportive.In summary, the 2,000-unit framework agreement represents a pivotal milestone for Quant Group's Physical AI business — the transition from "concept" to "contract." Against the embodied-AI sector's P/S benchmark ratio of 25 successful scaling of the Physical AI business could — alongside the e-commerce base — support a market capitalisation approaching HK$10 billion. With the current market cap at just HK$1.65 billion, the stock offers a substantial margin of safety and meaningful upside — a scarce combination of attractive risk-reward and high probability of success. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 27, 2026 - (ACN Newswire via SeaPRwire.com) - Drive west out of Doha on the Dukhan road and the landscape does one thing for about forty minutes: nothing. Then, near the Al Kharsaah turnoff, 1.8 million panels appear on ten square kilometres of graded desert, tilted south, washed by robots at night with treated water. The plant has been running since 2022. It supplies roughly a tenth of Qatar's electricity at peak. It was contracted at 5.71 Qatari dirhams per kilowatt-hour, or about 1.57 US cents, which in January 2020 was the lowest price ever agreed for a solar project anywhere on earth.That is the part of the story Qatar tells often, and it is true. The part that gets repeated less carefully is the target attached to it. QatarEnergy says it will reach 4,000 megawatts of renewable capacity by 2030 and that this will equal about 30 percent of the country's electricity production. Ministers, state news agency copy and a good deal of trade-press coverage have restated that pairing — 4,000 megawatts, 30 percent — so often that it now functions as a single fact. It is two facts, and they do not sit in the same unit.Four thousand megawatts is a capacity figure. Thirty percent, in any normal reading, is a share of output. Confusing the two is the most common error in energy journalism and the most useful one for anybody selling a transition narrative, because capacity is always the larger, more flattering number. The gap between them is not a rounding difference in Qatar's case. It is roughly a factor of two.Three percentages, three denominatorsHere is where the arithmetic gets interesting, and where the official numbers stop agreeing with each other.QatarEnergy's own climate page describes Al Kharsaah as providing "around 10 percent of Qatar's peak power consumption." The plant is 800 megawatts. Divide 800 by 0.10 and the implied peak demand is 8,000 megawatts. In April 2025, at the inauguration of the Ras Laffan and Mesaieed plants, the same company's messaging put total operating solar at 1,675 megawatts and said this covered "nearly 15 percent of peak electricity demand." Divide 1,675 by 0.15 and the implied peak is 11,167 megawatts. And the 2030 target of 4,000 megawatts is described as "about 30 percent of total local electricity production capacity," which implies a capacity base of 13,333 megawatts.Three claims, three denominators: 8,000, 11,167 and 13,333. They are not interchangeable, and at least two of them cannot be right at the same time. Peak demand and installed capacity are different quantities in any power system — Qatar's grid has reserve margin, as every grid must — but the spread here is too wide to be explained by reserve alone. Either peak demand grew by nearly 40 percent between the two statements, which would be a national emergency in the making, or the percentages were computed on different bases and never reconciled.The number that would settle this is a published peak load and a published annual generation figure for the same year, from the same source. Neither QatarEnergy's sustainability pages nor the Ministry of State for Energy Affairs puts those two numbers side by side. Planning documents from the Qatar General Electricity and Water Corporation, known as Kahramaa, contain them, but they circulate as Arabic-language statistical bulletins rather than as press releases, and nobody quoting the 30 percent figure appears to have opened one.Claim as publishedFigureStated baseImplied denominatorAl Kharsaah share of peak800 MWaround 10%8,000 MWOperating solar share of peak, 20251,675 MWnearly 15%11,167 MWSolar target, 20304,000 MWabout 30% of capacity13,333 MW What the capacity actually producesSet the percentages aside and do the physics, which is less forgiving than a press office.A fixed-tilt or single-axis solar plant in the Gulf runs at a capacity factor somewhere between 18 and 22 percent once you account for summer heat derating, dust soiling between robotic washes, and the fact that output collapses in the late afternoon when Qatari demand is still climbing toward its evening peak. At 20 percent, 4,000 megawatts produces about 7 terawatt-hours a year. At 22 percent, 7.7 terawatt-hours.Now the other side. A system with 11,000 megawatts of peak demand and a load factor around 50 percent — typical for a hot-climate grid with heavy air-conditioning and desalination load — generates roughly 48 terawatt-hours a year. Solar's share of that is 14 to 16 percent. Not 30.Every input in that calculation is an estimate, and I have flagged it as such. Change the load factor to 55 percent and the solar share falls to 13. Change it to 45 percent and it rises to 17. The conclusion survives the sensitivity range comfortably: the energy share lands near half the headline capacity share, and no plausible combination of assumptions closes the gap.This is not a Qatar-specific trick. It is how solar targets are announced everywhere, from Saudi Arabia's 130-gigawatt renewable goal to India's 500-gigawatt non-fossil target. Capacity is what gets built and what gets financed; energy is what gets delivered and what displaces fuel. The first is a construction statistic. The second is the only one that matters for emissions.The cheap-solar record nobody in Doha mentionsThere is a stranger fact buried under the 30 percent argument. Qatar did not come late to utility-scale solar because solar was expensive or technically hard there. It came early, won on price, and then went quiet about it.The Al Kharsaah tender closed in January 2020. A consortium of TotalEnergies and Marubeni, holding 40 percent of the project company alongside QatarEnergy's Siraj Energy at 60 percent, offered 1.745 US cents per kilowatt-hour. That was already the lowest bid. It was then cut by about 10 percent to 1.567 US cents in the signed power purchase agreement, a 25-year contract with Kahramaa. Trade coverage at the time flagged the oddity: the winning bidder had volunteered to shave its own margin in a tender it had already won. Middle East Economic Survey, which has covered Gulf power procurement since the 1970s, noted the more likely explanation was that the terms had been adjusted to produce a world-beating headline number.That detail matters for a reason beyond scorekeeping. It tells you the Qatari state treats solar pricing as a reputational asset, and treats solar volume as something closer to an obligation. The price was worth engineering. The volume was not worth accelerating past what the grid could absorb and what the gas business could spare.Because that is the real constraint, and it is a commercial one rather than an engineering one. Every kilowatt-hour of Qatari solar is a kilowatt-hour of gas that stays in the ground instead of being liquefied and sold at 142 million tonnes a year of scale. Before the expansion, Qatar burned roughly 20 billion cubic metres a year of its own gas for power and water. Solar is the cheapest way to free that gas for export. Solar is also, therefore, capped by how much gas the export machine can absorb. The 4,000-megawatt target is not an environmental ambition with a commercial side effect. It is a commercial optimisation with an environmental side effect, and it should be read that way.The North Field is an Asian contract wearing a global headlineWhich brings us to the larger business, and to the second myth: that the North Field expansion exists to keep Europe warm.Qatar's LNG capacity has been stuck at 77 million tonnes a year since about 2010, when the country passed Malaysia to become the world's largest exporter. The expansion adds 65 million tonnes in three phases, an 84 percent increase, and is the largest single liquefaction programme ever attempted.PhaseAdded capacityTrainsStatus as described by QatarEnergy LNGNorth Field East32 mtpa4 x 8 mtpaFirst LNG expected 2026; full operation targeted Q4 2026North Field South16 mtpa2 x 8 mtpaProgressive completion through 2027North Field West16 mtpa2 x 8 mtpaEngineering and construction; completion targeted by 2030 Note the last row, because it is where the official story has begun to fray. QatarEnergy's stated target is 142 million tonnes a year by 2030. Contractor and trade reporting on North Field West puts first cargo from that phase at the end of 2031. The two statements can coexist only if 142 mtpa is reached in 2030 on the strength of East and South plus a partial West start-up, and then held flat. Nobody has published a commissioning sequence that makes that work, and QatarEnergy has not been asked to.Follow the offtake and the geography becomes plainer. The long-term sale and purchase agreements signed against North Field volumes run overwhelmingly east: Sinopec and CNPC in China, Petronet in India, CPC in Taiwan, Kogas in Korea, and buyers in Pakistan and Bangladesh. European volumes exist — Belgium, Italy, France, and a German deal routed through a terminal on the Elbe — but they are smaller, shorter in tenor where disclosed, and priced against a market where the buyer had alternatives. Asia took the tonnage. Europe took the symbolism.The structure of the seller explains why. One state company owns the field, holds majority stakes in every liquefaction train at Ras Laffan, and controls a shipping arm through Nakilat. ExxonMobil, Shell, TotalEnergies, ConocoPhillips, Eni and Sinopec participate as minority partners in individual trains rather than as independent sellers. When a single counterparty controls resource, plant and fleet, it can commit to 20- and 27-year contracts at a scale no diversified supplier can match — and it can also choose to leave volumes uncontracted when it expects a tighter market later. That optionality is the actual asset. The molecules are almost secondary.Forty percent of the new supply, one balance sheetHere is the number that should worry a Qatari planner more than any solar percentage. The expansion makes Qatar the source of a very large share of all liquefaction capacity coming online worldwide this decade, at the same moment the United States is commissioning its own wave of Gulf Coast trains.QatarEnergy is not a bystander to that wave either. It holds a stake in Golden Pass in Texas alongside ExxonMobil, which means the company is short neither the American barrel nor the Qatari one. That is a hedge, and it is a clever one. It is also an admission that the returns in a glutted market accrue to the lowest-cost producer, not the largest one, and that being on both sides of the trade is safer than being on the right side of it.The oversupply arithmetic is not complicated. Sixty-five million tonnes of new Qatari capacity plus the American additions land in a market that has historically absorbed new supply slowly, because gas demand grows with industrial build-out and switching policy rather than with consumer fashion. Buyers who signed 27-year deals in 2023 and 2024 at oil-indexed slopes did so partly to lock in volume ahead of the wave. Sellers who signed them did so to underwrite the trains. Both sides have now hedged the risk they were most afraid of, which means the residual risk sits with whoever is uncontracted — and at 142 million tonnes a year, Qatar will have uncontracted volume.The country's stated answer is trading: QatarEnergy has said it aims to market 30 to 40 million tonnes a year of non-Qatari LNG by 2030, buying cargoes from other producers and reselling them. That converts a producer into a portfolio player, which is what Shell and TotalEnergies already are. It is a sensible strategy. It is also an acknowledgement that volume leadership alone no longer sets the price.Carbon capture measured at the wrong end of the pipeThe third claim that does not survive contact with the numbers is the cleanest-sounding one: that Qatari LNG is lower-carbon LNG, and that carbon capture makes it so.QatarEnergy's capture programme is real and unusually long-running. The first project started in 2019 at 2.2 million tonnes a year at the QatarEnergy LNG facilities. North Field East will add 2.2 million tonnes, North Field South 1.1 million, and a 2025 contract award covers up to 4.1 million tonnes from existing liquefaction trains. The company says it has stored more than 8.9 million tonnes since 2019 and targets over 11 million tonnes a year of capacity by 2035.Now put 11 million tonnes against 142 million tonnes of annual LNG output. Each tonne of LNG, when burned, releases about 2.75 tonnes of carbon dioxide. The combustion of 142 million tonnes of LNG therefore produces roughly 390 million tonnes of carbon dioxide — at the customer's end, in Chinese power stations, Indian fertiliser plants, Korean city gas networks and European industrial boilers.The capture programme addresses the liquefaction plant, the compression trains and the field operations. Those are genuine emissions and worth abating; they are also, on a full life-cycle basis, a minority of the total. Even a flawless 11-million-tonne programme offsets under 3 percent of the combustion emissions the cargoes will produce. That is a defensible industrial efficiency measure. It is not a product attribute, and marketing it as one is the kind of claim that invites a regulator's letter rather than a customer's premium.The distinction matters commercially because Asian buyers have started asking for verified emissions intensity per cargo, not per company. Japan's and Korea's utilities have begun writing carbon-intensity clauses into tenders. A seller who can document 6 kilograms of carbon dioxide per million British thermal units from the liquefaction train but cannot document the shipping and regasification legs is answering half the question, and the half it answers is the half it controls.Two official targets, one decade, no reconciliationBuried in the state news agency's own coverage of the solar programme is a target that does not match the one QatarEnergy now promotes.Qatar's National Environment and Climate Change Strategy, covering 2021 to 2030, set out a commitment to produce 20 percent of electricity from renewable sources by 2030, alongside a 25 percent cut in greenhouse gas emissions. The 20 percent figure was the policy target. The 30 percent figure, attached to 4,000 megawatts of capacity, is the corporate target that replaced it in public messaging. Nobody issued a statement explaining the change. The two numbers simply coexist in the record, one in a strategy document and one in a press release, and readers are left to infer that the ambition was raised.It may well have been raised. A 4,000-megawatt fleet genuinely could supply something close to 20 percent of annual generation if the grid's load factor is lower than I assumed, which is possible in a system with a very sharp summer peak and mild winters. But an increase in a headline target, made without a published methodology, is not evidence of an increase in ambition. It is evidence that the denominator moved.The emissions target has the same problem in a sharper form. A 25 percent reduction is meaningless without a base year, a scope and a treatment of exported emissions. Qatar's territorial inventory counts the gas it burns at home. The gas it liquefies and ships is counted where it is burned. A country that cuts domestic emissions by 25 percent while increasing export volumes by 84 percent has almost certainly increased its contribution to global emissions, even as its national inventory improves. Both statements can be defended. Only one of them is normally disclosed.This is not a uniquely Qatari accounting choice — it is the standard architecture of the Paris Agreement, and every gas exporter benefits from it. It is worth naming precisely because Qatar's transition story rests on it. The 4,000 megawatts are real, the 875 megawatts at Ras Laffan and Mesaieed are real, and the emission reductions from replacing domestic gas burn are real. The question is what they are being used to justify, and the answer is a liquefaction programme that will put more fossil carbon into the atmosphere than the solar plants will ever take out.What would change this readingFairness requires stating the conditions under which the skeptical case fails, because a critique with no falsifiers is just a mood.If Qatar publishes a peak load and an annual generation series on the same basis for 2025 and 2030, and the solar share of generation comes out above 25 percent, the capacity-versus-energy argument collapses and the official framing was merely loose language rather than a category error. If the Dukhan plant — 2,000 megawatts, announced in 2024, described as one of the largest single solar installations in the world — enters service before 2029 rather than at the end of the decade, the delivery record is better than the schedule implies. And if North Field West produces first cargo in 2030 rather than 2031, the 142 mtpa target is met on the stated date and the timeline criticism is wrong.Two of those three are checkable within eighteen months. That is the useful thing about a commissioning schedule: it either happens or it does not, and there is no room for a percentage computed on a convenient base.The grid question nobody asks in DohaThere is a fourth issue that receives almost no attention, and it is the one that will determine whether 4,000 megawatts is even useful.Qatar's grid is small, islanded, and built around a handful of large gas-fired stations plus desalination co-generation. Integrating 4,000 megawatts of inverter-based generation into a system with peak demand in the low teens of gigawatts is not a matter of adding panels. It requires spinning reserve to cover the evening ramp when solar falls away and air-conditioning load is still rising, fast frequency response, and — in practice — storage, of which Qatar has announced very little. The three existing plants were sited at Al Kharsaah, Ras Laffan and Mesaieed, each adjacent to load or generation infrastructure. The Dukhan plant will sit in the west, closer to the field than to the city.Kahramaa's answer to the distribution side is BeSolar, a net-metering programme that lets households and businesses install rooftop systems and export surplus to the grid for credit. Net metering is the cheapest possible integration policy and the one most likely to create a duck curve the utility did not plan for. It is also, in a country where electricity for nationals is heavily subsidised, a policy that pays customers a retail-rate credit against a cost the state was covering anyway. The economics work. The engineering is the part that has not been stress-tested in public.The number to watch is not 4,000If you want a single indicator of whether Qatar's energy transition is real, ignore the megawatt target and the percentage attached to it. Watch the annual generation series that Kahramaa publishes in Arabic and that almost nobody outside Doha reads. When solar's share of kilowatt-hours sold crosses 20 percent, the transition has happened in a way that affects fuel burn, export availability and emissions. Until then, the 30 percent figure is a statement about nameplate capacity, computed on a base that the announcing institution has never specified, in a country whose comparative advantage is a molecule it would rather sell than save.None of this makes Qatar a laggard. A country that contracted the world's cheapest solar in 2020, commissioned 875 megawatts of industrial-city solar in 2025, and runs the only large-scale carbon capture programme in the Gulf is not dragging its feet. It is optimizing, deliberately and lucratively, along a different axis from the one its press releases describe. The gap between those two axes is where the real story sits, and it is not measured in megawatts.Sources· QatarEnergy, Climate Change Action, corporate sustainability pages, accessed October 2026 (qatarenergy.qa)· The Peninsula, "Qatar's solar energy production capacity to reach 4,000 megawatts by 2030," 29 April 2025· Qatar News Agency, "Qatar's Solar Energy Projects: Green Energy in Heart of Desert," 28 July 2025· PV Tech, "TotalEnergies inaugurates 800MW solar PV plant in Qatar," 2022· Middle East Economic Survey, "Gulf Solar Costs Tumble As PV Technologies Improve, But Some Are Skeptical," 31 January 2020· QatarEnergy LNG, The Pioneer, issue 166, December 2024· Ministry of Commerce of China, Qatar economic and commercial office, dispatch on the 2 GW Dukhan solar project, September 2024 This article was prepared by the expert team at Global Infinity, drawing on insights and data provided through its MCP data services. About Global InfinityGlobal Infinity is an AI innovation company specializing in MCP data services.Email: support@globalinfinity.hk For Media Inquiryhk@asiapresswire.com https://www.asiapresswire.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NAPERVILLE, IL, Oct 26, 2026 - (ACN Newswire via SeaPRwire.com) - Maggie Jones joins Chervon as Director of National Field Sales Operations, effective October 26, 2026, reporting to Thomas Kentouris, VP of Field Sales. Jones will be charged with building out the support system, technology platform, and rigorous measurement/control process for the Chervon Field Sales Network.Most recently, Maggie was Divisional Sales Manager for TTI/Milwaukee where she was responsible for leading 140 field sales store coverage reps. She was an outstanding performer managing the high growth Texas region. Her career also included a series of store coverage and sales management positions in the Southeast USA."Maggie is best described as an overachieving superstar," said Thomas Kentouris. "Her leadership skills, organization skills, and results orientation will serve her well as she builds our field sales team infrastructure.""I cannot wait to get started supporting Chervon's vision of industry leadership," said Jones. "I look forward to deploying the field sales infrastructure needed to support our staggering growth potential at store level in the years ahead."Jones holds a BA from Appalachian State University. She graduated cum laude and was on both the Chancellor's list and Dean's list for academic excellence.ABOUT CHERVONChervon North America is part of a global total solution provider specializing in R&D, manufacturing, testing, sales, and after-sales service of power tools and outdoor power equipment (OPE).Guided by user-centric innovation, the Company operates an integrated business model supported by global sales and distribution networks. Chervon's portfolio includes EGO, FLEX, SKIL, and DEVON, serving industrial, professional, and consumer markets globally.Better Tools. Better World.Chervon is committed to delivering superior products to users worldwide through continuous innovation and strives to become a global leader in power tools and OPE in the lithium-ion, intelligent, and digital era.PR Contact: Corporate Communications: CorpComm@na.chervongroup.com | +1 (331) 231-2360SOURCE: Chervon Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NAPERVILLE, IL, Oct 26, 2026 - (ACN Newswire via SeaPRwire.com) - Parker Wesley Clary joins Chervon as Director of Field Sales - Southern Division, effective October 26, 2026, reporting to Thomas Kentouris, VP of Field Sales.Clary assumes responsibility for the Southern Division of the Chervon Field Sales Team. He is charged with developing a strong organization, building outstanding store-level merchandising and promotional programs.Most recently, Parker was a Key Account Manager for TTI/Milwaukee Pro Tools responsible for the Transportation Maintenance Vertical.His impressive career also includes a series of increasingly responsible positions in store coverage and field sales management."Parker's exceptional sales and sales management skills will help us deliver our bold growth targets," said Thomas Kentouris. "He is a high-potential talent with a bright future ahead at Chervon.""The opportunity to be a part of Chervon's inspired high-performance culture was most compelling to me," said Parker. "I feel fortunate to now be a part of Chervon's outstanding leadership team."Clary is a graduate of Appalachian State University with a degree in Communications. He graduated Magna Cum Laude with a 3.84 GPA.ABOUT CHERVONChervon North America is part of a global total solution provider specializing in R&D, manufacturing, testing, sales, and after-sales service of power tools and outdoor power equipment (OPE).Guided by user-centric innovation, the Company operates an integrated business model supported by global sales and distribution networks. Chervon's portfolio includes EGO, FLEX, SKIL, and DEVON, serving industrial, professional, and consumer markets globally.Better Tools. Better World.Chervon is committed to delivering superior products to users worldwide through continuous innovation and strives to become a global leader in power tools and OPE in the lithium-ion, intelligent, and digital era.PR Contact:Corporate Communications: CorpComm@na.chervongroup.com | +1 (331) 231-2360SOURCE: Chervon Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NAPERVILLE, IL, Oct 26, 2026 - (ACN Newswire via SeaPRwire.com) - Joel Petersheim joins Chervon as Vice President, End User Research and Sales - OPE Commercial, effective October 26, 2026, reporting to Joe Galli, CEO.Petersheim brings to Chervon 15+ years of experience at TTI/Milwaukee encompassing a series of increasingly responsible positions in sales, key account management, end user marketing, and sales management. Most recently, he held the position of Vice President Industrial Channel Sales - Northeast. Joel's impressive career also includes a series of director level end user marketing leadership roles focused on the MEP Verticals.His track record in converting key end users and in growing sales in each of his past positions was consistently outstanding."Joel is a tremendous addition to the outstanding leadership team we are building at Chervon," said Joe Galli. "He is a high potential talent with a tremendous track record of success at the account and end user level.""I am enormously impressed with Chervon's technology leadership and new product development capabilities," said Joel Petersheim. "I look forward to quickly supporting our company's bold growth targets in the months and years ahead."Petersheim has a Business Administration degree from Shippensburg University, Shippensburg, PA. He was a star on the Shippensburg University football team.ABOUT CHERVONChervon North America is part of a global total solution provider specializing in R&D, manufacturing, testing, sales, and after-sales service of power tools and outdoor power equipment (OPE).Guided by user-centric innovation, the Company operates an integrated business model supported by global sales and distribution networks. Chervon's portfolio includes EGO, FLEX, SKIL, and DEVON, serving industrial, professional, and consumer markets globally.Better Tools. Better World.Chervon is committed to delivering superior products to users worldwide through continuous innovation and strives to become a global leader in power tools and OPE in the lithium-ion, intelligent, and digital era.PR Contact: Corporate Communications: CorpComm@na.chervongroup.com | +1 (331) 231-2360SOURCE: Chervon Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 26, 2026 - (ACN Newswire via SeaPRwire.com) - Recently, Berlin Global Dialogue (BGD) 2026 and the Invest in Germany Summit were held concurrently in Berlin, Germany. Xunce (3317.HK) was invited to attend as a strategic partner. The company’s management and representatives participated in relevant events and held in-depth exchanges with stakeholders from all sectors on topics including AI data infrastructure and China-Europe data cooperation. Seizing this opportunity, the company’s new-generation product TokenOS is accelerating its entry into the European market, marking a solid step forward in its internationalization strategy.On-site of BGD 2026 (Photo by Paula GVidal)TokenOS Business Accelerates Overseas Expansion: From Product Export to Joint Co-creationAt BGD 2026, leading global industrial giants including Mercedes-Benz, Airbus, Bayer and Siemens Healthineers gathered at the event. Xunce is conducting in-depth negotiations with multiple leading European enterprises covering core scenarios such as automotive, high-end manufacturing and energy, exploring potential cooperation space for TokenOS and steadily building its global business layout. According to financial report data, the company’s overseas business revenue reached 11.86 million yuan in the first half of this year, a substantial year-on-year increase of 264%.The accelerated rollout of TokenOS in Europe is the core highlight of Xunce’s Berlin visit. As a flagship product launched by the company in the first half of this year, TokenOS is dedicated to converting enterprise multi-source heterogeneous data into standardized, measurable and priceable scenario-based Tokens in real time. It focuses on addressing the core bottleneck of insufficient high-quality scenario data supply in enterprise AI implementation, enabling large-scale industrial production of scenario-specific Tokens.Prior to this, Xunce has launched a "scenario Token factory" for the European market to promote the localized deployment of TokenOS in Europe. It deeply integrates the engineering capabilities of China’s AI data infrastructure with Europe’s local industry experience, compliance governance and delivery capabilities, to jointly explore AI transformation solutions that comply with EU data sovereignty requirements.Deep Dive into the Data Layer: Solving Enterprise AI Implementation Pain Points with Specialized TokensRecently, Jensen Huang stated at the Invest in Germany Summit that in the future, every company will have two factories: one is a real physical factory, and the other is a digital factory — the digital factory will be so realistic that it is nearly indistinguishable from reality. He also noted that data is part of a country’s natural resources, recording its culture, values, knowledge and experience; Germany should introduce the world’s best AI technology to develop its own data and turn data into its own intelligence. The next wave of AI will be "Physical AI", where AI will deeply integrate with robotics, manufacturing, automotive and heavy industries, serving to enhance rather than replace Germany’s existing craftsmanship and industry expertise.Xunce clearly pointed out at the forum that the three pillars of the AI industry are large models, computing power and data. Through the full-link product and service system of "computing power + data + Token + model + application", the company provides enterprise-level customers with integrated AI deployment solutions and continuously creates strategic and business value. Currently, the company serves 11 high-barrier, high-value industries including finance, telecommunications, energy, high-end manufacturing, healthcare, robotics and intelligent vehicles, with over 400 AI data infrastructure product modules and a customer retention rate of over 90%.Full-link product matrix of "Computing Power - Data - Token - Model - Application"In the context of "Physical AI", the key to enterprise AI implementation is not simply stacking GPUs, but prioritizing data governance, standardization and modeling. As a critical hub connecting models with real business operations, TokenOS is driving the delivery model of enterprise services in the AI era to shift from standardized solution output to in-depth co-construction with customers.China-Europe AI Collaboration: Compliance as the Bottom Line, Complementarity as the FoundationChina and Europe are highly complementary in AI cooperation. China has rich application scenarios, a complete industrial system and large-scale implementation advantages, while Europe has profound accumulation in basic research, technical compliance, regulatory governance and industry standards. The two sides can form deep complementarity of "scale + governance". Xunce stated that with the deepening of AI applications, high-quality, compliant and traceable data is becoming a core asset, which also brings broad development space for data infrastructure enterprises."Data sovereignty does not necessarily equal data closure." TokenOS can be deployed on customer-managed clouds and local systems, ensuring that raw data remains in the customer’s environment while supporting secure Token invocation, truly realizing the vision of "data stays locally while value can flow". This technical path not only accommodates data sovereignty requirements, but also provides a brand-new implementation paradigm for cross-border AI applications. In addition, Xunce has reached strategic cooperation with the Shenzhen Data Exchange and the Beijing International Big Data Exchange, forming a north-south coordinated layout in the data factor market, and providing solid support for the standardized application of data tokenization and related technologies.Currently, over 90% of Xunce’s revenue comes from China’s domestic market, while the company continues to increase investment in the European and Southeast Asian markets. Going forward, Xunce will take the European deployment of TokenOS as a new starting point, accelerate the formation of replicable global implementation samples in scenarios such as automotive, aviation, manufacturing and energy, and strive to deliver premium solutions to global customers. With compliance as the bottom line and local partners as the fulcrum, it will push China-Europe sci-tech cooperation to a new height of joint innovation and scenario co-creation.Media contactBrand Name: XunceContact Person: Marketing TeamEmail: ir@xuncetech.com Tele: 0755-86667876Website: http://www.xuncetech.com/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 26, 2026 - (ACN Newswire via SeaPRwire.com) - From October 20 to 22, Berlin Global Dialogue (BGD 2026) was held at ESMT Berlin in Germany under the theme “Advancing Alliances for the New Era.” Xunce (3317.HK) participated as a strategic partner, with members of its management team and other representatives invited to attend.This year’s forum brought together government representatives and senior business executives from the United States, the United Kingdom, India, China, the European Union, and other countries and regions. As markets, supply chains, and technologies increasingly become arenas of strategic competition, scaling AI deployment across fragmented ecosystems emerged as a central topic. As a strategic partner, Xunce took part in the Leaders’ Dialogue and Impact Dialogue and hosted a thematic session titled “Navigating Cooperation of EU and China in a Fractured World.”BGD 2026 (Photo courtesy of photographer Paula G. Vidal)Leaders’ Dialogue: Focusing on the Data Layer and Bringing the Best Solutions to the WorldAt the Leaders’ Dialogue session, “Fragmented AI, Competitive Ecosystems, and Faster Innovation?”, Xunce noted that the AI industry rests on three pillars: large models, computing power, and data. Xunce focuses on the data layer. Founded 11 years ago, the company has served customers across 11 vertical industries, including pharmaceuticals, manufacturing, electric power, and telecommunications. It helps enterprises govern, standardize, and model their internal data before feeding it into large models to generate optimized outcomes. Relatively constrained computing capacity in China has pushed companies to maximize data efficiency, creating structural opportunities.Leaders’ Dialogue session (Photo courtesy of photographer Izzy Dempsey)On regulation, Xunce observed that enterprise AI remains at an early stage, with most applications governed by existing industry-specific rules in telecommunications, pharmaceuticals, manufacturing, and other sectors. For example, helping telecom customers improve advertising efficiency and return on investment remains subject to existing telecommunications regulations. Customers have yet to reach a regulatory ceiling; foundational data work remains the priority, in Europe and the United States as well. Fragmentation is a structural reality, but it does not necessarily impede innovation and can sometimes act as a catalyst. Limited resources encourage enterprises to use large models to improve operational efficiency rather than compete to stockpile GPUs. For instance, when a leading insurance client expanded into Singapore, it needed separate data centers in the two markets, data segregation protocols, and different large models, increasing costs and exposure to two regulatory regimes. Conversely, foreign insurers entering China have brought mature models and governance frameworks, while dialogue with Chinese regulators has increased markedly over the past two years, improving two-way exchange.Discussing globalization, Xunce emphasized the commercial imperative to bring the best solutions to customers worldwide. Approximately 90% of its revenue currently comes from China, while the company continues to increase investment in Europe, Southeast Asia, and South America. The AI era is reshaping how enterprise service providers deliver solutions. Whereas standardized offerings, similar to those of consulting firms, once sufficed, providers must now co-develop solutions closely with each customer. This requires a rapid change in mindset.Xunce believes that if China, the United States, India, and Europe could agree on one AI priority, it should be “safety standards,” where risks are concentrated and the issues most complex. In frontier research, reaching global consensus on “what must not be done” is even more important than agreeing on “what can be done.”Impact Dialogue: The Next AI Winners Will Be Companies That Deliver Measurable ProductivityAt the Impact Dialogue session, “Scaling AI: Shared Prosperity or Greater Social Division?”, Ai Cheng, Global Strategic Advisor to Xunce, said that China’s AI opportunity is often misunderstood. It is not simply about training larger or cheaper models, but about making AI work in the real economy, including manufacturing, energy, and robotics. Xunce focuses on real-time AI data and enterprise infrastructure, connecting models with actual business operations. The next AI winners will not be the companies with the smartest models, but those that create measurable productivity. In China–Europe cooperation, China can contribute industrial scale and deployment experience, while Europe brings engineering capabilities, sector expertise, and governance experience. The two sides can compete in innovation while cooperating on interoperability—one reason she hopes to see more Chinese and European companies work together.Impact Dialogue session (Photo courtesy of photographer Paula G. Vidal)Ai Cheng noted that Germany’s renowned Mittelstand and China’s vast ecosystem of small and medium-sized manufacturing enterprises face the same challenge: they need AI that actually works, not AI that merely looks impressive. She proposed three solutions. First, offer enterprise AI infrastructure “as a service” to make it affordable. Second, develop industry-specific AI applications that integrate seamlessly with existing workflows. Third, make deployments repeatable, with transparent costs, measurable returns, and clear accountability. This is why companies such as Xunce are working to modularize complex data and AI capabilities. Its strategy is to turn capabilities that enterprises previously had to build in-house into standardized modules that organizations of different sizes can combine as needed, rather than starting from scratch each time. She also argued that the greatest asset shared by China and Germany is not capital, factories, or technology, but people—especially young people. The future of AI should not be determined by a handful of companies or countries, but shaped collectively by more people across more borders.She added that what moved her most about BGD was its determination to turn uncertainty into action. To her, BGD is more than a conference: it is a place where government leaders, entrepreneurs, investors, and younger generations challenge one another and forge new partnerships. As Jensen Huang recently asked, why does a country as technologically advanced as Germany lag behind in certain areas? China, too, has experienced periods of falling behind and understands the importance of learning, catching up, and building. The question today is no longer who is ahead or behind, but how we can move forward together.TokenOS Deployment Accelerates in Europe: China–EU AI Cooperation Moves Toward Joint InnovationAt Xunce’s session, “Navigating Cooperation of EU and China in a Fractured World,” Jiang Changjian, an independent non-executive director of Xunce, stated that the key question for China–EU economic cooperation is not whether it should continue, but in what form it can move forward. Amid trade restrictions, technological competition, and regulatory differences, both sides need to address disagreements through more institutionalized and pragmatic approaches.Xunce’s thematic session on China–EU cooperationDrawing on Xunce’s international expansion, he explained that the company has partnered with a European digital services provider to jointly develop a scenario-specific Token Factory for the European market, advancing the local deployment of TokenOS. By combining China’s engineering capabilities in AI data infrastructure with European industry expertise, compliance knowledge, and delivery capabilities, the partners are exploring AI transformation solutions aligned with EU data sovereignty requirements. The partnership also illustrates how China–EU technology cooperation is expanding beyond traditional technology exports toward joint innovation and co-creation of use cases. On data sovereignty, he argued that sovereignty does not necessarily mean data isolation. Xunce’s TokenOS can be deployed on customer-managed clouds and on-premises systems, keeping raw data within the customer’s environment while enabling secure Token access. This creates a model in which “data stays local while value can flow,” balancing data security with business use. Xunce has also established strategic partnerships with the Shenzhen Data Exchange and Beijing International Big Data Exchange Co., Ltd. to advance its business in data-related assets and markets.China’s technological upgrading, Europe’s industrial transformation, and the economic complementarities between the two sides are long-term trends. For AI companies, standardized data infrastructure, collaboration with local European partners, and compliance with local requirements provide a path for cross-border cooperation in real industrial settings. With a focus on real-time data processing and decision support, Xunce continues to explore how data can create value across industries and markets.Media contactBrand Name: XunceContact Person: Marketing TeamEmail: ir@xuncetech.com Tele: 0755-86667876Website: http://www.xuncetech.com/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 26, 2026 - (ACN Newswire via SeaPRwire.com) - The 21st Eco Expo Asia 2026, jointly organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), opens today for a four-day run (26 to 29 October) at AsiaWorld-Expo. Held under the theme 'Connecting the World for a Sustainable Future', this year's Expo brings together over 340 exhibitors from 15 countries and regions. Some 200 senior officials and representatives of semi-official organisations from the Chinese Mainland, Hong Kong, Belt and Road and ASEAN countries will attend, further strengthening international exchange and ties.The 21st Eco Expo Asia opens today and will run for four days (26-29 October) at AsiaWorld-Expo.HKTDC Executive Director Sophia Chong said: "Hong Kong's first Five-Year Plan and the latest Policy Address both call for building a green and liveable city, to inject fresh momentum into the development of the green sector. As an important green trade platform in the region, Eco Expo Asia gathers innovative green technologies, products and solutions from around the world, fostering exchange and cooperation among governments, businesses, investors and research institutions. International participation has also grown this year, with Indonesia, Laos, the Philippines, Thailand and Vietnam joining for the first time. Through the Expo, we hope to harness Hong Kong's strengths as an international business centre and smart green technology hub, promoting cross-region collaboration and enabling enterprises to enter new markets and unlock fresh opportunities."Sophia Chong, HKTDC Executive Director, stated at the Belt and Road Green Innovation Conference that it is highly meaningful for the conference to be held alongside Eco Expo Asia, demonstrating Hong Kong's important role as a bridge between the Chinese Mainland and the world, and as a platform where ideas, capital, technology, and partnerships can come together to advance green development.Tse Chin-wan, Secretary for Environment and Ecology, said, "The nation embarks on its 15th Five-Year Plan, and the HKSAR's first Five-Year Plan proactively aligns with national development strategies, with green transformation and development of a green and liveable city as its key directions. Hong Kong will continue to leverage its roles of "super connector" and a "super value-adder" to foster regional and international green cooperation. In this year's Expo, the Environment and Ecology Bureau and the Ministry of Ecology and Environment jointly organise the Belt and Road Green Innovation Conference in Hong Kong on 26 October for the first time. Holding the two events concurrently fully harnesses the synergy. I am sure the Expo will inspire innovation and open up business collaboration opportunity, giving fresh impetus to a sustainable green future!”The Eco Expo Asia welcome ceremony will be held tomorrow (27 October). Tse Chin-wan, Secretary for Environment and Ecology, Sophia Chong, HKTDC Executive Director, and Jack Wong, Deputy General Manager of Messe Frankfurt (HK) Ltd, among other guests, will attend the ceremony.Pavilions gather participants from home and abroad, HKSAR Government booth debuts green living experiencesThe number of pavilions at this year's Expo has risen to 18. The new ASEAN Pavilion brings together seven ASEAN countries, namely Singapore, Laos, Malaysia, the Philippines, Indonesia, Thailand and Vietnam, with 12 green technology ventures presenting innovative solutions in water treatment, circular economy, green finance and ESG services, green building and environmental products. Several overseas pavilions also make a return, including Canada, Italy, Korea and the Netherlands. On the Chinese Mainland front, Qinghai Province makes its first appearance, while nine Greater Bay Area cities and Macau, Guangxi, Hunan, Shanghai and Nanjing of Jiangsu Province will also participate.This year's Expo debuts an ASEAN Pavilion, bringing together 12 green technology ventures from seven ASEAN countries, namely Singapore, Laos, Malaysia, the Philippines, Indonesia, Thailand and Vietnam.On the Hong Kong front, the Hong Kong Science and Technology Parks Corporation leads 11 local start-ups to showcase various energy solutions. The Hong Kong Pavilion, supported by the Environmental Protection Department and coordinated by the Federation of Hong Kong Industries, gathers 19 local companies, while the Environmental Campaign Committee brings 22 start-ups together to demonstrate homegrown green innovations and drive their practical application. The HKSAR Government booth, formed by the Environment and Ecology Bureau, the Environmental Protection Department and nine other government departments, introduces a new comprehensive experience zone for green technology organised around four themes. "Green Flat" is built with sustainable building technologies and materials to illustrate sustainable living concepts, while "Green Match", "Green Cooperation" and "Green Innovation" foster collaboration among green enterprises and open up opportunities in the low-carbon economy.The HKSAR Government booth adds a new comprehensive experience zone for green technology organised around four themes, including "Green Flat", "Green Match", "Green Cooperation" and "Green Innovation", showcasing sustainable living concepts and facilitating partnerships among green enterprises.Leveraging Hong Kong’s professional services to support Chinese Mainland green enterprises in going globalAs a member of the "GoGlobal Task Force", the HKTDC has set up a GoGlobal Connect Zone for the first time at the Expo, to support Chinese Mainland environmental enterprises in reaching international markets through Hong Kong’s professional services. Today, the Expo hosts an "Experience Sharing Forum on Promoting Environmental Business in Overseas Markets". Sharing its story is Hunan exhibitor Lihe Technology, which signed a memorandum of understanding with a delegation from the Republic of Kazakhstan during the Expo last year. The session also features government officials from Belt and Road countries, together with representatives of InvestHK and several Chinese Mainland environmental enterprises, who explore how to tap Hong Kong’s advantages to go global. An ASEAN networking reception follows the session to connect green enterprises with the ASEAN region.Tomorrow (27 October), the organiser will stage a "GoGlobal Seminar", bringing together representatives of industrial parks in Malaysia and Thailand, the Bank of China (Hong Kong) and the Hong Kong Accreditation Service to discuss how Hong Kong can integrate international green finance, cross-border infrastructure expertise, global certification standards and strategic industrial park partnerships to build a comprehensive ecosystem that accelerates the expansion of Chinese Mainland green enterprises into the ASEAN market.Four thematic areas aligning with latest decarbonisation policies as frontier green technologies take the stageGreen transformation is increasingly becoming a defining force in the market. The State Council of the People's Republic of China formally issued the action plan for carbon peaking during the 15th Five-Year Plan period this July, setting out comprehensive arrangements for the country's decarbonisation efforts over the next five years. On the Hong Kong front, the city's first Five-Year Plan also sets the green transformation direction for various industries, while the Policy Address 2026 goes further with concrete measures spanning zero-carbon energy, hydrogen energy, green transport, waste reduction and recycling. In line with these trends, this year's Expo centres on four areas: "Green Energy in Motion", "Frontier Green Tech", "Building for a Greener City" and "From Waste to Worth", keeping pace with the latest policy directions.Under "Green Energy in Motion", this year's Expo features green energy solutions spanning the maritime, land transport and aviation sectors. Making its debut, EcoCeres Limited (Booth: 3-F30), the world's second largest sustainable aviation fuel (SAF) producer, showcases SAF and hydrotreated vegetable oil (HVO) produced from waste feedstocks, in response to the HKSAR Government's call to build an SAF value chain. The Hong Kong Science and Technology Parks Pavilion (Booth: 3-E02) brings the slimmest wall-mounted DC Fast EV charger currently on the market, developed by TriTerra Technology Limited.The area of "Green Energy in Motion" gathers cutting-edge energy technologies. Among them, Refined Motor Company Limited showcases a modular electric conversion solution that extends vehicle lifecycles in a more environmentally friendly way.The area of "Frontier Green Tech" features about 30 start-ups and university spin-offs. The Chinese University of Hong Kong (Booth: 3-G25) showcases high-strength bacterial cellulose films upcycled from tea waste. Being strong, flexible, and water-resistant, the material can serve as sustainable packaging or even a next-generation bio-based leather. Lingnan University (Booth: 3-F26) presents various newly developed technologies and products, among them a fleet management system combining AIoT with GeoAI technology to cut traffic delays and boost the overall operational efficiency of public and commercial transport fleets.The area of "Frontier Green Tech" assembles around 30 start-ups and university spin-offs to demonstrate practical applications of green research and development.Under "Building for a Greener City", Hyper-Tech Environmental Limited (Booth: 6-E28) showcases Oizom, the IoT-driven environmental monitoring system, whose patented active-sampling technology helps monitor pollutant and noise levels in support of smart city development. Umwelt Consulting Limited (Booth: 6-C19) brings its InvisQuiet Acoustic Window and Acoustic Balcony, which use the windowpane itself as a noise barrier to ease environmental noise while taking up less indoor space and consuming fewer materials.Umwelt Consulting Limited presents its InvisQuiet Acoustic Window and Acoustic Balcony, which use the windowpane itself as a noise barrier to ease environmental noise.For "From Waste to Worth", Chongqing Sanfeng Environment Group Corp., Ltd. (Booth: 3-D30) brings its waste-to-energy projects, with technologies and equipment already deployed in the Chinese Mainland and 10 other countries. Baguio Green Technology Limited (Booth: 3-D29) demonstrates a Smart Waste Management Solution that integrates smart recycling equipment, IoT technology and a big data platform to track recycling data and streamline analysis, easing the burden of ESG reporting for businesses.Over 80 government, industry and academic leaders discuss policy, technology and green business opportunitiesThis year's events are organised into four themed days aligned with the Expo's focus areas, featuring more than 30 forums and thematic sessions that bring together over 80 government officials and industry leaders from the Chinese Mainland, Australia, Malaysia, Thailand and other Belt and Road countries. The flagship event, the Eco Asia Conference, explores green development from multiple perspectives, spanning policy, technology, green finance, green building and industry applications. Various prominent industry leaders and experts will share their insights in person, including Ar Clarence Leung, Council Member and Chairperson of the Committee on Environment and Sustainability of the Construction Industry Council, Ir Kenny Wong, Director of Business Development & Projects - Hong Kong of ALBA Group Asia, and Henry Ho, Head of Sustainability of China State Construction Engineering (HK) Limited.One session of the Eco Asia Conference took place today, featuring Prof Su Hui, Department of Civil and Environmental Engineering of HKUST, who led the development of the Multi-Spectral Imaging Carbon Observatory (MUSICO). MUSICO was installed on China's Tiangong Space Station this year, and at the session she shared its practice and applications. Joined by Prof Kenneth Leung, Director of the State Key Laboratory of Marine Environmental Health at CityUHK, they also discussed extreme climate monitoring technologies.The flagship event, Eco Asia Conference, brought together (from second left) Prof Su Hui, Department of Civil and Environmental Engineering of HKUST, Alex Petre, Chief Executive Officer of Deep Sky, Prof Kenneth Leung, Director of the State Key Laboratory of Marine Environmental Health at CityUHK, Xu Xia, General Manager, Investment Management Center of Dynagreen Environmental Protection Group Co., Ltd, and Prof Lucian Liu, Assistant Professor, Department of Electrical and Electronic Engineering of PolyU today to discuss how next-generation technologies can drive a net-zero future.Tomorrow (27 October) will also feature multiple events, including the government session of the Eco Asia Conference. An official from the Chinese Mainland and a representative of United Nations Environment Programme will share their respective environmental policy updates. There is also a panel discussion with a number of officials and experts holding in-depth exchanges on the advancement of innovative technologies for the building of the Green Silk Road. The Government Department Forum will gather representatives from the Environmental Protection Department, the Civil Aviation Department, the Civil Engineering and Development Department, the Electrical & Mechanical Services Department and the Water Supplies Department to brief the industry on government procurement needs, thereby advancing the application of environmental solutions and driving green opportunities. On the same day, the Startup Edge Exhibitor Forum will invite start-ups from different environmental fields to share their experiences. Local university representatives will also explain how green technologies move from the laboratory to the market.Today's Exhibitor Forum, themed "The Green Frontier: Sustainable Tech Insights from Malaysia and the Netherlands," featured three exhibitors from the two countries sharing industry insights and practical experiences. Pictured is Marc Rijsdijk, Sales and Business Development Manager for Asia at Tible B.V., a Dutch exhibitor.Other highlights include the 7th Hydrogen Economy Forum on 28 October, at which Eddie Cheung, JP, Permanent Secretary for Environment and Ecology (Environment), will deliver a keynote speech. Experts including Ir Sammy Kong, General Manager of Commercial & Industrial Marketing & Sales at The Hong Kong and China Gas Company Limited, and Thomas Lui, Director of Decarbonisation and Integrated System Planning at CLP Power Hong Kong Limited, will then discuss the application of green fuels and energy storage technologies in Hong Kong.The final day of the Expo (29 October) will be Public Day, with free admission for the public, aiming to deepen public understanding of sustainability and to encourage the adoption of green lifestyles. A series of interactive environmental workshops and talks will be held that day. Speakers include representatives of the Hong Kong Observatory and the Asia Circular Economy Association, as well as Leung Wing Mo, former Assistant Director of the Hong Kong Observatory, who will discuss hot topics such as extreme heat and climate change with the public. Prof Karen Cheung, President of the UNESCO Hong Kong Association, together with representatives from Lingnan University and others, will host a Career Forum to share the prospects and trends of the green job market, encouraging talents to seize career opportunities in the green industry. In addition, Ways Out Hong Kong, a local social enterprise, will share its story of upcycling food waste into jewellery.Other concurrent fairsThe Hong Kong International Outdoor and Tech Light Expo runs concurrently with Eco Expo Asia (26 to 29 October) at AsiaWorld-Expo, showcasing a wide range of outdoor and professional technical lighting solutions for commercial and industrial use. Meanwhile, the Hong Kong International Lighting Fair (Autumn Edition) will run for four days from tomorrow (27 to 30 October) at the Hong Kong Convention and Exhibition Centre. Free shuttle bus services are offered between these venues and other locations in the city throughout the fair period. Please refer to the following page for details:https://www.hktdc.com/event/ecoexpoasia/en/travel-to-fairground-aweWebsite: Eco Expo Asia – https://www.hktdc.com/event/ecoexpoasia/enPhoto Download: https://bit.ly/4kfc7caMedia enquiries:For enquiries, please contact:HKTDC Communication and Public Affairs Department:Christy LeeTel: (852) 2584 4369Email: christy.wn.lee@hktdc.orgDawn YuenTel: (852) 2584 4575Email: dawn.nh.yuen@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgHKTDC Mediaroom: https://mediaroom.hktdc.com/About HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on @hktdc and LinkedInAbout Messe FrankfurtThe Messe Frankfurt Group is the world's largest trade fair, congress and event organiser with its own exhibition grounds. With a workforce of some 2,700 people at its headquarters in Frankfurt am Main and in 29 subsidiaries, it organises events around the world. Group sales in financial year 2025 were about € 766 million. We serve our customers' business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt's key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events.Messe Frankfurt develops new business models based on its digital expertise. Its range of services encompasses venue rental as well as exhibition stand construction, marketing services, staffing services, and catering.Sustainability is a central pillar of our corporate strategy. Maintaining a balance between environmental and economic responsibility, social responsibility, and diversity lies at the heart of its approach.For more information, please visit our website at: www.messefrankfurt.com/sustainabilityWith its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).For more information, please visit our website at: www.messefrankfurt.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com