Category: ACN Newswire

TOKYO, Oct 21, 2026 - (ACN Newswire via SeaPRwire.com) - Preferred Networks, Inc. (PFN) and Tenstorrent USA, Inc. (Tenstorrent) have announced today that their joint proposal has been selected by Japan's New Energy and Industrial Technology Development Organization (NEDO) for the theme "xPU Design and Development Incorporating Photonics-Electronics Integration Technology" (*1) under the NEDO-sponsored "Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems / Development of manufacturing technologies for advanced semiconductors."AI models and workloads continue to increase in size and computational complexity, and are being adopted across a wide range of industries. This rapid growth has further increased the compute needed for model training and inference, driving demand for more scalable and efficient AI infrastructure.Through a joint research and development project, PFN and Tenstorrent aim to develop a system-level integration of AI processors that delivers high performance and high efficiency for both training and inference. The project targets the next wave of AI deployment across diverse industrial and academic fields, including agentic AI, physical AI, and scientific AI.As part of the project, PFN and Tenstorrent will conduct a research and development program for five years based on the division of responsibilities outlined below. The companies will subsequently work to commercialize the research outcomes for applications including AI agents.Development of system integration technologies for AI processors leveraging photonics-electronics integration and advanced packaging technologies (PFN and Tenstorrent)Development of AI chiplets with ultra-high memory bandwidth enabled by 3D memory stacking technologies based on leading-edge semiconductor process technologies (PFN)Development of CPU chiplets built on an open architecture, which support confidential computing (Tenstorrent)The following activities will be carried out in collaboration with subcontractors:Research and development of domain-specific applications toward the realization of scientific AI and physical AI (The University of Tokyo, Kobe University, Toyo University, Japan Agency for Marine-Earth Science and Technology, and Japan Atomic Energy Agency)Design of CPU chiplets and development of software which enable confidential computing (Tenstorrent Japan)(*1) Notification issued on Oct 21, 2026 on the selection for the "Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems / Development of manufacturing technologies for advanced semiconductors":https://www.nedo.go.jp/koubo/IT3_100387.htmlAbout Preferred NetworksGuided by its mission to "Make the real world computable and create the future together," Preferred Networks, Inc. (PFN) develops advanced software and hardware technologies through a vertically integrated approach spanning the entire AI value chain-from AI chips and computing infrastructure to generative AI foundation models and solutions across a wide range of industries. Founded in 2014 in Tokyo, PFN currently develops and delivers the MN-Core™ series of AI processors, the PFCP™ cloud platform for AI computing, and the Japan-developed generative AI foundation model PLaMo™.https://www.preferred.jp/en/About TenstorrentTenstorrent is an AI compute company led by CEO Jim Keller - architect of Apple A4/A5, AMD Zen, and Tesla's Full Self-Driving chip. The company builds RISC-V-based AI processors and systems for developers, enterprises, and sovereign infrastructure worldwide. In addition to servers and workstations, Tenstorrent licenses its TT-Ascalon RISC-V CPU and Tensix AI cores to chip designers including Samsung and LG. Backed by Bezos Expeditions, Samsung, LG Electronics, Hyundai Motor Group, Fidelity, and others, Tenstorrent has raised over $1B+ and operates from Santa Clara, Austin, Toronto, Belgrade, Tokyo, and Bangalore.Preferred Networks:Tomoyuki Akiyama or Yumi Sakaguchi pfn-pr@preferred.jpTenstorrent:Justin MauldinSalient PRachievemore@salientpr.com737.234.0936SOURCE: Tenstorrent Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 21, 2026 - (ACN Newswire via SeaPRwire.com) - On October 15, 2026, Guotai Junan International Holdings Limited (“GTJAI”, stock code: 1788.HK), a subsidiary of Guotai Haitong Group, acted as the medium term note arranger and joint global coordinator to assist Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, in successfully pricing RMB 3 billion of offshore RMB bonds across 3-year and 5-year tranches, with coupon rates of 2.15% and 2.30% respectively. The listing ceremony was held at the Hong Kong Stock Exchange on October 16.Against the backdrop of China and Kazakhstan continuing to deepen their comprehensive strategic partnership, advance high-quality “Belt and Road” cooperation, and expand cross-border RMB investment and financing cooperation, this first dim sum bond issuance by Samruk-Kazyna marks the issuer’s return to the RMB bond market following its debut panda bond in April this year. It provides a positive demonstration for high-quality issuers in Central Asia to broaden their RMB financing channels and promote regional cross-border financial cooperation.Transaction HighlightsRegional Breakthrough: Central Asia’s first offshore RMB bond issued by a sovereign wealth fundMarket Pioneer: The first landmark issuer across Central Asia, Central/Eastern Europe, the Middle East and Africa to establish a deep presence in both the onshore (panda bond) and offshore (dim sum bond) RMB bond marketsCompany Milestone: Samruk-Kazyna’s first offshore RMB bond issuanceLeading the Project Execution, Demonstrating Cross-Border Financial Services CapabilitiesIn this transaction, GTJAI served as the medium term note arranger, joint global coordinator, documentation agent, roadshow coordinator and settlement agent, leading the coordination and advancement of the project throughout and assisting the issuer in completing key stages including transaction structure design, bookbuilding, pricing, listing on the Hong Kong Stock Exchange, and settlement and delivery. Leveraging its proven offshore bond execution experience and cross-border settlement capabilities, GTJAI provided full-process professional support to ensure the efficient and smooth completion of the issuance.Prior to the transaction, GTJAI fully leveraged its combined advantages of cross-border capital market execution efficiency and broad international investor coverage to assist the issuer in conducting investor roadshows in Hong Kong, Shanghai, Singapore and London, meeting with more than 100 institutional investors in total and facilitating in-depth exchanges between the issuer and international investors, thereby providing strong support for the issuance.Connecting Onshore and Offshore RMB Markets, Advancing China-Kazakhstan Financial CooperationDim sum bonds are an important tool connecting international issuers with the RMB capital market. This issuance further enriches the supply of offshore RMB assets in Hong Kong and expands the use of RMB in international financing and investment. It represents an important move by GTJAI to fully leverage Hong Kong’s locational advantages and serve the diversified financing needs of enterprises in Belt and Road partner countries and regions, as well as a strong action to help Hong Kong consolidate its position as an international financial center and a global hub for offshore RMB business.As a key overseas platform of Guotai Haitong, GTJAI has long been deeply engaged in the international debt capital markets. Leveraging extensive cross-border bond underwriting experience and a global investor network, it provides domestic and overseas issuers with comprehensive, high-quality capital market services. Looking ahead, GTJAI will continue to deepen cooperation with all parties in Kazakhstan and the Central Asian market, better serving the advancement of high-level opening-up and high-quality “Belt and Road” cooperation.About Samruk-KazynaAs Kazakhstan’s sovereign wealth fund, Samruk-Kazyna (Moody’s Baa1 / Fitch BBB, stable outlook, on par with Kazakhstan’s sovereign rating) enjoys solid credit fundamentals and comprehensive support from national policy. It manages a diversified asset portfolio of USD 96 billion, with operations spanning key pillar industries of the national economy, including oil and gas, mining, transportation, aviation, telecommunications and power.This year marks the fund’s 20th anniversary. As a core pillar and key driver of Kazakhstan’s economic modernization, the fund is committed to continuously enhancing the net asset value of its portfolio companies, cultivating national champions, and serving as a bridge and catalyst in attracting foreign direct investment, thereby strengthening Kazakhstan’s economic resilience and deepening its connectivity with international capital markets.About GTJAIGuotai Junan International (Stock Code: 1788.HK), a subsidiary of Guotai Haitong Group, is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. Based in Hong Kong with subsidiaries in Singapore, Vietnam and Macau, GTJAI’s business covers major markets around the world, offering high-quality and diversified comprehensive financial services for clients' overseas asset allocation. Core business includes wealth management, institutional investor services, corporate finance services, investment management and other business. GTJAI has been assigned “Baa2” and “BBB+” long term issuer rating from Moody and Standard & Poor respectively, as well as an MSCI ESG “AAA” rating, Wind ESG “A” rating and SynTao Green Finance “A” rating in ESG. Additionally, its S&P Global ESG score leads 81% of its global peers. The controlling shareholder, Guotai Haitong Securities (Stock Code: 601211.SH/ 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the China’s capital markets. For more information about GTJAI, please visit https://www.gtjai.com. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

BEIJING, Oct 21, 2026 - (ACN Newswire via SeaPRwire.com) - Cheche Group Inc. (Nasdaq: CCG), a leading auto insurance technology platform, is pushing beyond cars into residential solar and battery storage, naming Australia as the launch market for a household-energy push built around the EnergyLIB brand.The move advances Cheche's "Green Mobility + Green Energy" strategy, diversifying from its core insurance-technology franchise into household energy hardware and software. EnergyLIB is the residential solar-and-storage brand of Long Way Fortune, which operates in Australia and Singapore.EnergyLIB sells modular battery systems and hybrid inverters to households retrofitting storage onto existing rooftop solar, as well as those installing new solar-plus-storage systems. The batteries use LFP chemistry and support capacity expansion over time. The business is also developing home energy management software that draws on household consumption, solar generation, tariff, weather and battery data, aimed at lowering electricity costs while maintaining backup power.The strategy addresses a familiar problem in the smart-home market. Consumers have bought connected speakers, cameras and thermostats for years, but integrated systems have been slow to take off, held back by high upfront prices, interoperability gaps across brands, and the cost of installation and ongoing support. A single smart device struggles to carry the economics of local distribution and service on its own.Residential energy changes that calculus. Solar generation, battery storage and household electricity use already require coordinated installation, monitoring and maintenance, giving EnergyLIB a service infrastructure that broader smart-home plays lack. Cheche's plan is to anchor on this essential energy system and layer on additional home services over time, spreading local delivery and support costs across more than one use case. This remains a planned direction and depends on product development, customer adoption and local delivery economics.Longer term, the framework could extend to coordination between household energy systems and electric-vehicle charging, linking the home and the car. Cheche sees more frequent user interaction and stronger customer retention as the potential benefit, built on integrated hardware, software and service. The technical implementation, commercial model and timing have not been established.In Australia, EnergyLIB operates through local distribution, installation and after-sales partners, with standardized commissioning procedures, equipment service records and feedback loops from installation teams built into its operating model.Cheche disclosed the proposed investment under a non-binding term sheet, under which it would take a 20% equity interest in Long Way Fortune. The proposal is subject to due diligence, the negotiation and execution of definitive agreements, and applicable regulatory and other approvals. The term sheet creates no obligation to close, and there can be no assurance the transaction will be completed. Cheche's existing operations and Long Way Fortune's energy business remain separate. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 21, 2026 - (ACN Newswire via SeaPRwire.com) - On 14th, October 2026, Guotai Junan International Holdings Limited (“GTJAI”, Stock Code: 1788.HK), a subsidiary of Guotai Haitong Group, successfully priced the first offshore RMB bond for Mashreq Bank of the UAE as Joint Global Coordinator. The issuance size was RMB 1 billion, with a 3-year tenor and a coupon rate and issue yield of 2.50%. This project marks Mashreq Bank’s first dim sum bond issuance and also GTJAI’s first bond business with a Middle Eastern issuer, opening the way for further expansion into the Middle East debt capital markets.Connecting High-Quality Middle-Eastern Issuers and Opening New RMB Financing ChannelsMashreq Bank is the fifth-largest bank in the UAE and a domestic systemically important bank (D-SIB), rated A by S&P, A by Fitch, and A3 by Moody’s. This dim sum bond issuance marks an important step in its international financing strategy, diversifying its funding sources while building a bridge to deepen ties with international RMB investors.Leveraging its professional expertise in the offshore bond market and cross-border coordination capabilities, GTJAI worked closely with the issuer and all participating parties to efficiently advance transaction execution, providing full-process professional support for the successful completion of the deal. This collaboration not only demonstrates GTJAI’s execution capabilities in serving high-quality international issuers, but also helps further connect Middle Eastern financing needs with the offshore RMB capital market.Deepening International Business Layout, Supporting RMB InternationalizationThis issuance further enriches the issuer base of the offshore RMB bond market and sets a new example for Middle Eastern financial institutions seeking to expand their RMB financing channels. Building on this first Middle East deal, GTJAI will continue to extend its cross-border financial services network and promote two-way connectivity between international issuers and the RMB capital market.As a key overseas platform of Guotai Haitong, GTJAI has long been deeply engaged in the international debt capital markets. Leveraging extensive cross-border bond underwriting experience and a global investor network, it provides domestic and overseas issuers with comprehensive, high-quality capital market services. This transaction represents an important practice by GTJAI in actively responding to the nation’s call, serving the broader goal of high-quality “Belt and Road” cooperation, and continuing to support high-quality issuers along the routes in broadening their RMB financing channels, advancing the development of the offshore RMB bond market, and contributing to RMB internationalization. Looking ahead, GTJAI will continue to leverage the advantages of its cross-border investment banking platform to help more high-quality issuers diversify their international financing channels and connect with global capital markets.About GTJAIGuotai Junan International (Stock Code: 1788.HK), a subsidiary of Guotai Haitong Group, is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. Based in Hong Kong with subsidiaries in Singapore, Vietnam and Macau, GTJAI’s business covers major markets around the world, offering high-quality and diversified comprehensive financial services for clients' overseas asset allocation. Core business includes wealth management, institutional investor services, corporate finance services, investment management and other business. GTJAI has been assigned “Baa2” and “BBB+” long term issuer rating from Moody and Standard & Poor respectively, as well as an MSCI ESG “AAA” rating, Wind ESG “A” rating and SynTao Green Finance “A” rating in ESG. Additionally, its S&P Global ESG score leads 81% of its global peers. The controlling shareholder, Guotai Haitong Securities (Stock Code: 601211.SH/ 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the China’s capital markets. For more information about GTJAI, please visit https://www.gtjai.com. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

BANGKOK, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - Sappe Public Company Limited (SAPPE PCL.) is showcasing its innovative product portfolio at SIAL Paris 2026, a global food and beverage trade exhibition held from 17–21 October 2026 at Paris Nord Villepinte Exhibition Centre in Paris, France. The company is presenting new products and flavours that combine fun and creativity while welcoming trade partners, importers and distributors from around the world to exchange ideas and explore business opportunities.Leading SAPPE’s showcase is its flagship brand, Mogu Mogu, with a wide range of new offerings, including Zero Sugar drinks, Jelly, Gummy, Candy and Iced Tea, alongside new flavours in its original drink range. The lineup extends the brand’s signature fun and creativity across diverse product formats, giving trade partners and visitors the opportunity to discover and taste the products firsthand.SAPPE is also presenting products from Sappe Aloe Vera, Sappe Beauti and All Coco, adding variety to its booth and offering new choices for international markets. Trade partners, importers, distributors and other interested visitors can meet the team to discuss the products and explore opportunities for international business development.SIAL Paris is one of the world’s largest food and beverage trade exhibitions, taking place every two years. For its 2026 edition, organisers expect 8,000 exhibitors and approximately 400,000 products across 10 industry sectors, covering 280,000 square metres of exhibition space. Bringing together manufacturers, buyers and distributors from around the world, the event provides SAPPE with another opportunity to showcase the capabilities of Thai brands and its diverse portfolio of innovative products to international trade partners.Visitors can discover and sample SAPPE’s products at Booth 5C F035, Hall 5C, throughout SIAL Paris 2026, from 17–21 October 2026.About SAPPESappe PCL (SAPPE) is a leading Thai beverage innovator and the creator of the "Snack Drink" category through its iconic global brand, Mogu Mogu, now exported to over 100 countries across Asia, Europe, the Middle East, and beyond. The company specializes in fruit juice and functional health beverages designed to serve the evolving lifestyle needs of modern consumers around the world.SAPPE's diverse portfolio includes globally recognized brands such as Mogu Mogu, the world's first snackable drink; Sappe Aloe Vera, known for its refreshing taste and natural ingredients; and Sappe Beauti, a functional drink line focused on health, wellness, and women empowerment. Headquartered in Bangkok, Thailand, SAPPE is listed on the Stock Exchange of Thailand (SET) under the symbol SAPPE.Driven by innovation, deep consumer insights, and a strong commitment to sustainability, SAPPE operates with a balanced focus on product innovation, economic performance, social responsibility, and environmental impact. The company believes that building a sustainable future begins with valuing people, embracing diversity, and leading with authenticity, creativity, and the courage to drive positive change. SAPPE's mission is to inspire lives worldwide one meaningful beverage at a time.Sappe official: https://www.sappe.com/en/Facebook: https://www.facebook.com/sappeplaygroundInstagram: https://www.instagram.com/mogumogu_global/Line: https://shop.line.me/@sappeonlineShopee: https://shopee.co.th/sappe.officialEmail: corpcom@sappe.comSappe PCL [SET: SAPPE, SAPPE/F, SAPPE-R] https://www.sappe.com/en/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - OrbusNeich Medical Group Holdings Limited (“OrbusNeich” or the “Group”; stock code: 6929), a multinational medical device company specializing in interventional devices for percutaneous coronary intervention (“PCI”) and percutaneous transluminal angioplasty (“PTA”), today announced that it has completed the acquisition of a 100% interest in MC Health S.r.l. (“MC Health”), its distributor in Italy. Following the completion of the transaction, MC Health has become a wholly-owned subsidiary of the Group.Italy is one of Europe’s key interventional cardiology markets, with approximately 157,000 PCI procedures performed annually. The transition to a direct sales model through the acquisition presents a compelling opportunity for OrbusNeich to deepen customer relationships, enhance market responsiveness, and capture the full growth potential of its industry-leading coronary portfolio. Following the completion of the acquisition, OrbusNeich has immediately established a direct sales presence in Italy, supported by MC Health’s nationwide cath labs coverage.Mr. David Chien, Chairman, Executive Director and Co-Chief Executive Officer of OrbusNeich, said, “This acquisition underscores OrbusNeich’s disciplined growth strategy and commitment to creating long-term value. As our trusted partner since 2019, MC Health is a natural fit for our company, strengthening our direct presence in Europe, unlocking commercial synergies, and expanding opportunities for collaboration on innovative technologies, including IVUS systems. Combined with MC Health’s strong expertise in the peripheral vascular field, the acquisition is also expected to accelerate the growth of our PTA portfolio across Italy and Europe, enabling us to reach and benefit more patients.”Since its listing in Hong Kong in 2022, OrbusNeich has continued to accelerate the expansion of its global direct sales network. The acquisition of its Indonesian distributor in 2023 and Taiwan distributor in 2025 marked a significant milestone in this transformation, which supported the growth in Asia-Pacific region. With Italy joining its direct sales network, alongside the teams established earlier this year in the Netherlands, Belgium and Luxembourg, OrbusNeich now has direct sales operations in 16 markets worldwide, further strengthening its European presence and supporting sustainable long-term growth.About MC Health S.r.l.Founded in 2009, MC Health is a company engaged in medical device distribution in Italy. Established to address evolving and demanding market requirements, the organization operates as an agile, efficient partner serving public and private-sector hospitals and clinics. Its mission is to satisfy the need for quality medical devices and services by marketing cutting-edge treatments to both public and private hospitals and clinics, to increase the quality of life of thousands of people.For more information, please visit the Company’s official website: https://www.mchealth.it/About OrbusNeich Medical Group Holdings LimitedOrbusNeich is a multinational medical device company specializing in interventional devices for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures. Headquartered in Hong Kong, China, the Group sells its products in more than 70 countries and regions worldwide. It is also actively expanding into structural heart disease. With an in-house R&D team boasting over 25 years of product development expertise, the Group has developed world-leading proprietary technologies.For more information, please visit the Group’s official website: https://orbusneich.com/. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Offering Summary:- The Hong Kong Public Offering will open on Tuesday, October 20, 2026 and close at 12:00 p.m. on Friday, October 23, 2026 ;- Total number of Offer Shares under the Global Offering: 37,275,800 H Shares (subject to the Over-allotment Option);- Number of Hong Kong Offer Shares: 3,727,600 H Shares (subject to reallocation);- Number of International Placing Shares: 33,548,200 H Shares (subject to reallocation and the Over-allotment Option);- Maximum Offer Price: HK$21.46 per H share;- Board lot size for trading: 100 H Shares per board lot;- Expected listing date on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”): Wednesday, October 28, 2026.Hong Kong, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - Changzhou Microintelligence Co., Ltd (“Changzhou Microintelligence” or “the Company”, stock code: 03275.HK) announces its Global Offering and proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”).Changzhou Microintelligence Co., Ltd. is a technology company focused on Embodied Industrial Intelligent Robots (EIIR). The Company concentrates on the research, development and commercial deployment of embodied intelligence technologies for industrial settings, with its business mainly covering the research and development, production and sale of EIIR products, AI-empowered equipment and modular products. The Company has completed full-stack in-house development of core algorithms, key software and hardware, has built a software and hardware technology system based on its “Cloud-Edge-Device” integrated architecture. Since its establishment, Changzhou Microintelligence has strategically focused on real factory scenarios to advance commercial deployment. As its products roll out at scale on production lines, the Company has continuously accumulated on-site data and built a “data-model-product-redeployment” data flywheel. Its database of precisely labelled unstructured industrial data, accumulated from real industrial settings, provides important strategic support for product iteration, model optimisation and efficient commercial deployment. The Company also continues to invest in research and development to strengthen its competitive barriers in technology and data and commits to driving industrial robots from traditional automation towards intelligence and supports the long-term development goal of flexible upgrading in manufacturing.Changzhou Microintelligence plans to offer 37,275,800 H Shares (subject to the Over-allotment Option), comprising 3,727,600 Hong Kong Offer Shares (subject to reallocation) and 33,548,200 International Placing Shares (subject to reallocation and the Over-allotment Option). The Maximum Offer Price is HK$21.46, and the board lot size for trading is 100 H Shares.The Hong Kong Public Offering commenced on Tuesday, October 20, 2026, and is scheduled to close at 12:00 p.m. on Friday, October 23, 2026 (applications via White Form eIPO service will close at 11:30 a.m. on the same day). The H Shares of the Company are expected to commence trading on the Main Board of the Stock Exchange on Wednesday, October 28, 2026.Assuming the Over-allotment Option is not exercised and the Offer Price is set at HK$19.05 per share (being the mid-point of the Offer Price range), after deducting underwriting commissions and estimated offering expenses, the Company estimates that the net proceeds to be raised from the Global Offering will amount to approximately HK$640 million before the exercise of any Over-allotment Option. The Company intends to allocate the net proceeds from the Global Offering as follows:Approximately 60.3% will be used for core technological research and development to enhance the intelligence and performance of Embodied Industrial Intelligent Robots (EIIR) products;Approximately 10.6% will be used to establish a localised overseas sales and service network and deepen global business presence;Approximately 14.7% will be used for strategic investments and acquisitions to build an open and mutually beneficial application ecosystem;Approximately 4.4% will be used to expand production and manufacturing capacity;Approximately 10.0% will be used as working capital and for other general corporate purposes;Orient Capital (Hong Kong) Limited is the Sole Sponsor. Elbe Rhein Investment Limited is the Cornerstone Investor.About Changzhou Microintelligence Co., LtdChangzhou Microintelligence Co., Ltd. was founded in 2018, is a provider of Embodied Industrial Intelligent Robots (EIIR) products in China. The Company has built a software and hardware technology system based on its “Cloud-Edge-Device” integrated architecture. It is dedicated to the deep integration of AI and industrial robotics, providing flexible and efficient intelligent solutions to manufacturing customers worldwide and driving the shift in industrial settings from automation to intelligence. The Company principally engages in the research and development, production and sale of EIIR products, AI-empowered equipment and modular products. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Taizhou, China, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - On October 13, 2026, the "Lutian Global Energy Partner Conference 2026," hosted by Lutian Machinery Co.,Ltd.(605259.SH), took place in Taizhou, Zhejiang. The event featured a tour of the company’s production facilities, thematic forums, the launch of comprehensive solar-plus-storage solutions for diverse scenarios, and the signing of strategic partnership agreements. Over 200 key distributors and partners from countries around the world participated, joined by industry experts who engaged in discussions on new energy market trends, technological pathways for solar-plus-storage, and global collaboration. The summit showcased LUTIAN’s full-spectrum solar-plus-storage capabilities—encompassing inverters, batteries, integrated solar-plus-storage units, and commercial/industrial energy storage systems—and introduced an upgrade plan for the company’s global service network.Production Base Tour: Showcasing Manufacturing Systems and New Energy Production LinesDuring the conference, attendees visited LUTIAN’s Taizhou production base, touring the product showroom, the smart energy center, and the energy storage manufacturing facility. The tour included stops at precision assembly lines, automated quality inspection stations, and mass-production units for energy storage products, demonstrating to global partners how LUTIAN has expanded its manufacturing ecosystem from general power equipment to solar-plus-storage solutions.LUTIAN operates four major R&D centers—located in Taizhou, Shanghai, Chongqing, and Suzhou—along with a CNAS-accredited national laboratory and a laboratory operated in partnership with TUV. With over 300 proprietary intellectual property rights, the company possesses a robust R&D foundation that drives the continuous iteration and advancement of its solar-plus-storage product portfolio.Showcasing Technical Capabilities: From Technology Accumulation to Solution ImplementationAt the conference, LUTIAN systematically presented its solar-storage solutions for the global market, covering four major categories: energy storage inverters, energy storage batteries, integrated photovoltaic and energy storage systems, and commercial and industrial (C&I) energy storage systems. The power range covers 500 W to 250 kW, and the energy storage capacity ranges from 1 kWh to 5 MWh.This series of products targets diverse scenarios such as home energy storage, outdoor operations, emergency backup power, and small commercial and industrial applications, featuring modular design, flexible capacity expansion, and plug-and-play capabilities. LUTIAN stated that the company has accumulated extensive technical patents in core components such as inverters, BMS, and EMS, and uses AI to optimize energy scheduling and improve system operating efficiency.LUTIAN also revealed that it is laying out next-generation energy infrastructure along the main line of power electronics, expanding into areas such as AIDC intelligent computing center integrated power supply and SST solid-state transformers.Market Assessment: Global Energy Storage Demand Shows Structural GrowthDuring the conference, LUTIAN shared its assessment of the global energy storage market from an industry perspective. The company believes that demand for residential energy storage remains strong in high-electricity-price regions such as Europe and North America, while regions with weak power infrastructure, such as Africa and Southeast Asia, have a rigid demand for emergency backup power and off-grid solutions. The global energy storage market is showing a trend of structural growth.This assessment aligns with LUTIAN’s own business performance. In full-year 2025, the company’s energy storage business achieved revenue growth of 347.93% year on year, and its second growth curve is accelerating its formation.Global Footprint: Focusing on Overseas Markets and Upgrading Service NetworksIn terms of market strategy, LUTIAN has clearly prioritized overseas markets, continuing to deepen its presence in key regions where it holds a competitive advantage.In response to the industry trend toward the commoditization of photovoltaic energy storage hardware, LUTIAN has announced an upgrade to its global service network, shifting the focus of competition from product performance to service capabilities and long-term asset value. The company is advancing the development of its service system across four dimensions: digitalization, localization, standardization, and normalization.LUTIAN has pledged to uphold its partnership commitments—characterized by efficient responsiveness, transparent processes, a focus on empowerment, and shared risk—while leveraging a service system that spans the entire product life cycle as its core competitive advantage.Signing of Cooperation Agreement: Reaching a strategic partnership intent with key partnersDuring the conference, LUTIAN reached a strategic cooperation agreement with a key strategic client, and an on-site signing ceremony was held. The partnership will focus on areas such as expanding into the new energy market, developing distribution channels, and promoting products.At the conference, LUTIAN reaffirmed its long-term partnership positioning: for partners already operating within the new energy sector, LUTIAN provides support rooted in shared technological origins, an unwavering commitment to quality, and end-to-end supply chain delivery capabilities; For partners who have yet to enter the new energy sector, LUTIAN is prepared to share its resources—including technology, manufacturing capabilities, certifications, and market access—to help facilitate a smooth transition from traditional power sources to new energy solutions.About LUTIANFounded in 2002 and listed on the Main Board of the Shanghai Stock Exchange in 2021 (stock code: 605259), Lutian Machinery Co., Ltd. is an enterprise dedicated to the R&D, manufacturing, and sales of general-purpose power machinery, high-pressure washers, and new energy storage products. The company operates four R&D centers—located in Taizhou, Shanghai, Chongqing, and Suzhou—as well as five production bases, with products exported to over 100 countries and regions worldwide. In recent years, LUTIAN has accelerated its strategic deployment in the solar-plus-storage sector, building an end-to-end energy ecosystem that encompasses power generation, storage, and consumption. Its energy storage business is rapidly emerging as the company’s second growth curve.Company: Lutian Machinery Co.,Ltd.Contact Person: Dillon WangEmail: zkk@chinalutian.comWebsite: https://www.chinalutian.com/Telephone: +86-576-82620999City: Taizhou, Zhejiang, China Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

PRecious Communications' Banking AI Authority Index 2026 shows how visibility changes by question, service and language across six markets and 11 AI services / LLMs.43%: Same question. Different banks first. Across AI-route comparisons, the first-mentioned bank changed.34%: Business questions bring more banks into the answer. Business-banking responses named 34% more banks on average than consumer-banking answers.Six ASEAN markets: Being mentioned isn’t the same as being named first. The study maps both across Southeast Asian banking.Across Singapore, Malaysia, Indonesia, the Philippines, Thailand and Vietnam, the study tracks 13 priority banks - and shows why appearing in an AI answer is not the same as being named first.SINGAPORE, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - PRecious Communications, an award-winning multi-market integrated communications consultancy, today released the regional findings of its flagship research study, the PRecious AI Authority Index: Southeast Asia Banking 2026. The research reveals that a bank prominent in one AI service may be far less visible or entirely absent in another. Across 1,628 eligible matched service comparisons, 706 pairsor 43%, produced a different first-mentioned bank when the tested AI service changed.The research establishes why corporate communications, and marketing leaders cannot rely on a single AI platform, dashboard score, or generic brand search to assess digital reputation. Powered by PRecious Pulse, the agency’s proprietary measurement and research platform, the study evaluated 2,740 response records spanning six Southeast Asian markets (Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Vietnam), eight languages, and 11 AI and search service proxies. The index also revealed that decision context significantly impacts competitive density: business-banking answers named 4.73 banks on average, compared with 3.52 for consumer-banking answers, a 34% wider competitive field."AI has made comparisons instant, but not consistent. Any brand - like banks in our study - can lead one answer and disappear from the next," said Lars Voedisch, Founder and Group CEO of PRecious Communications. "The job for communicators and marketers is not to chase one specific AI engine or manipulate a single metric. It is to build a clear, evidence-backed story across owned content, customer proof, and earned media that holds up regardless of the service, market, or language a buyer uses."Six Markets, Six Distinct AI Competitive LandscapesThe study demonstrates that Southeast Asia cannot be treated as a single information environment. While DBS and Maybank demonstrated consistent dominance across tested answers in Singapore and Malaysia respectively, and Vietcombank led across all question groups in Vietnam, markets like Indonesia, the Philippines, and Thailand showed divided or highly question-dependent results:Indonesia: BCA achieved the highest overall answer presence (86%), but BCA and Bank Mandiri tied on overall first mentions (34%), with leadership shifting based on whether the query addressed personal banking (BCA 63% first) or business banking (Bank Mandiri 56% first).Philippines: BPI led total answer reach across consumer (73%), business (96%), and trust questions (92%), yet BDO dominated first-mention prominence across all four tested question categories (up to 75% in business banking).Thailand: Kasikornbank led consumer banking first mentions (65%), while Bangkok Bank led business banking first mentions (60%). Language testing revealed that English and Thai prompts generated different first-mentioned banks in 60% of eligible matched comparisons (15 of 25 pairs)."In the 'Artificial Intelligence Economy,' executive teams must distinguish between answer presence and first-mention prominence," added Lars. "Being included in an AI response is a baseline requirement; leading the answer requires checkable public proof, consistent corporate reporting, and third-party media validation."Public Proof and Media VerificationThe Index emphasizes that AI models heavily rely on verifiable public evidence. For brand leaders, priority claims regarding security, digital transformation, or cross-border trade must be explicitly documented and consistent across corporate websites, leadership communications, regulatory filings, and independent earned media.Southeast Asia Is Not One Information EnvironmentThe regional study covers Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It found consistent leaders in some markets and divided or question-dependent patterns in others. Different languages, banking structures and customer needs already make Southeast Asia diverse. AI can amplify that diversity by changing the brands, evidence, and answer order shown to different audiences.The study is diagnostic. It does not rank bank quality, trust, safety, customer preference or financial performance. First mention records answer order only. Results are a point-in-time August 2026 snapshot and can change as services, search, and public evidence change.The report is available online: https://pulse.preciouscomms.com/ai-authority-indexAbout the PRecious AI Authority Index - Note to EditorsThe PRecious AI Authority Index examines what AI says about a brand, which public evidence supports the answer, where the gaps are and what communications teams can change. PRecious Pulse is the measurement, research and insights platform behind the work.Banks tracked (16): 13 priority banks, grouped by home market - Indonesia: BCA and Bank Mandiri; Malaysia: Maybank and CIMB; Philippines: BPI and BDO; Singapore: DBS, OCBC and UOB; Thailand: Kasikornbank and Bangkok Bank; Vietnam: Vietcombank and Techcombank. Plus, three global-bank examples: HSBC, Standard Chartered and Citibank as additional examples from the business-banking analysis.Languages (8): English, Indonesian, Malay, Filipino, Thai, Vietnamese, Tamil and Chinese across the full study. Not every language was tested in every market or on every route.AI test routes (11): ChatGPT, Gemini, Perplexity, Claude, Google AI Search, Copilot, Meta AI, Grok, Qwen, DeepSeek and Kimi.Study timeframe: A point-in-time snapshot of tested AI answers from August to September 2026. Results may change as services, search and public evidence change.About PRecious CommunicationsPRecious Communications is an award-winning multi-market integrated communications consultancy specialising in go-to-market strategies and data-driven storytelling across Southeast Asia. Operating an AI-first strategic advisory model, the agency has offices in Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, alongside partners across the wider Asia-Pacific region.Consistently recognized for setting new digital benchmarks, PRecious Communications secured major AI Transformation and Digital & Social Media honors at the PRCA APAC Awards 2026, alongside global distinction as a Silver Winner at the WCFA Davos Communications Awards 2026. These milestones build upon a highly decorated legacy, which includes being named the Medium-Sized Consultancy of the Year in Southeast Asia at the 2025 International Business Awards and the Most Innovative Public Relations Agency of the Year (APAC) 2025 at the NEXT Awards.Media contact: marketing@preciouscomms.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

MELBOURNE, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - TransNusa, the Asia-Pacific region’s pioneering Premium Service Carrier, today marked a major international expansion milestone with the official launch of its maiden flight from Bali to Melbourne. The inaugural daily scheduled flight establishes a highly competitive alternative on the heavily travelled Australia-Indonesia corridor.The strategic expansion from Melbourne follows TransNusa’s exceptional growth in the Australian market, where it rapidly captured a 20 percent market share in Perth by increasing its scheduled flight frequency to 21 by July 2026 from just 3 weekly flights in April 2025. This showcases the confidence and loyalty the TransNusa brand has garnered in the Australian market within 15 short months.Datuk Bernard Francis, Group Chief Executive Officer of TransNusa, speaking on the historic launch stated that this new daily Melbourne-Bali route marks a significant milestone in the airline’s growth trajectory, shifting the paradigm from conventional point-to-point operations to positioning Bali as a primary international transit hub for Australian travellers.“The launch of the Melbourne-Bali route represents a monumental step forward in TransNusa’s international expansion strategy. It strengthens Bali’s position as a premier gateway between Australia and Asia, while giving travellers a compelling new choice that combines connectivity, value, and a distinctly premium travel experience,” said the Malaysian-born aviation industry captain, Datuk Bernard.“Bali remains a prime global holiday destination, and by connecting it directly to Melbourne, we are providing travellers from Australia with a highly competitive, premium flying alternative,” he added.“TransNusa has always strived to deliver beyond expectations as our aim is to provide reliable, comfortable, and affordable travel choices across the region,” Datuk Bernard explained.Datuk Bernard Francis... TransNusa offers a Beyond Bali network connectivity, allowing passengers to expand their experience and planning with smooth transitions to world class local and international island destinationTo celebrate this milestone, TransNusa continues to offer exclusive introductory fares, with standard basic seats starting from just AUD299. Distinct from traditional low-cost competitors, even TransNusa’s standard tickets include generous baggage provisions alongside baseline comfort amenities such as complimentary water and snacks.Strategic Schedule and Beyond Bali Network ConnectivityEngineered to seamlessly accommodate both leisure holidaymakers and business travellers, the route operates on an optimized overnight and morning schedule:Flight 8B 18 departs Bali (DPS) at 20:45 from I Gusti Ngurah International Airport, arriving at Melbourne Airport (MEL) at 05:40 the following morning.Flight 8B 19 departs Melbourne Airport (MEL) at 06:25, arriving in Bali (DPS) at 09:40.Initially, TransNusa will operate four flights weekly, scheduled on Monday, Wednesday, Thursday and Friday. The airline will increase its frequency to seven scheduled flights weekly from November 15th onwards.The synchronized schedule allows passengers from Australia to seamlessly transition “Beyond Bali” to 11 prime island destinations across the Indonesian archipelago, including the preserved marine ecosystems of Wakatobi and the pristine islands of Manado, Bima, Surabaya, and Lombok. Additionally, the network provides timely, hassle-free transits to leading global commercial and tourism hubs across Asia, including Guangzhou (China), Singapore, and Phuket (Thailand).“Today, we are celebrating more than just a single point-to-point connection,” added Datuk Bernard.“Our goal is to design ultimate travel experiences. By scheduling timely transits from Bali, we are giving travellers from Australia complete flexibility to extend their journeys seamlessly to exotic domestic havens or major regional capitals across China and Southeast Asia.”Tickets for the new daily Melbourne–Bali route are available for immediate purchase. Travellers can book the tickets via the official website at transnusa.co.id or through authorized travel booking platforms.About TransNusaEstablished in 2005 and revitalized under new ownership and an international management team lead by Datuk Bernard Francis in 2019, TransNusa transformed its operations to become the first Premium Service Carrier in the Asia Pacific region in 2023. Operating a modern fleet of upgraded aircraft tailored for superior comfort and flexibility, the airline is based out of Jakarta and Bali. Internationally, TransNusa services major regional hubs including Singapore, Guangzhou, Kuala Lumpur, Penang, Perth, Bangkok, and now Melbourne.International Media Contact:Email: transnusamedia@alphaaccesspr.myWebsite: transnusa.co.id. Passengers can purchase tickets directly from TransNusa via its website. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HighlightsExpanded Tank Stream Labs into Queensland with the Brisbane opening, bringing its national network to eight locations across four states. The Brisbane site is expected to be EBITDA and cash flow positive in FY27.Invested in Auric, a Sydney-based technology company developing an AI-powered Scent Intelligence™ platform. Auric established its Scent Lab at Tank Stream Labs' Merchant House location, demonstrating the connection between Scalare's investment activities and operating businesses.Launched EquityRoom, the Group’s startup fundraising and equity management platform with 11 paying customers and a further 35 on trial.Continued focus on integrating the Group's founder communities, services and investment capabilities following FY26's acquisitions.Received $2.07 million under the Convertible Note Facility.Customer receipts of $5.25 million, statutory operating cash inflow of $1.92 million, quarter-end cash of $0.55 million.SYDNEY, AU, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - Scalare Partners Holdings Limited (ASX: SCP) ("Scalare" or "the Company") is pleased to report on its activities and performance for the quarter ended 30 September 2026.The first quarter of FY27 marked the next stage of Scalare's plans to build Australia's most comprehensive founder support and investment ecosystem.Following a year of significant acquisitions and platform development, in which the Group delivered positive EBITDA and a gross margin of 77.8% for FY26, the Company's focus is on connecting these capabilities, growing recurring service revenue and identifying investment opportunities where Scalare can contribute capital, commercial expertise and practical founder support.The quarter included the expansion of Tank Stream Labs into Brisbane, an investment in Auric and the launch of EquityRoom. Together, these developments illustrate how Scalare's near national Australian wide infrastructure and investment activities can reinforce each other, creating opportunities across the Group.CEO commentaryChief Executive Officer Carolyn Breeze commented: "FY26 was about building the foundations of our ecosystem. FY27 is about turning those foundations into stronger commercial outcomes for founders and shareholders."Tank Stream Labs' expansion into Brisbane extends our physical presence into Queensland and provides another base from which founders can access the broader Scalare network."Our investment in Auric demonstrates how this model works in practice. Alongside our investment, Auric has established its Scent Lab within Tank Stream Labs, connecting a portfolio company with workspace, community and opportunities for commercial collaboration."Since quarter end, we have also launched EquityRoom, which already has 11 paying customers. It gives founders across our ecosystem a better way to prepare for and manage their capital raises, and adds a subscription revenue stream that we expect to grow over time."Our priority is to deepen these connections across the Group, grow recurring revenue and support promising technology businesses where our capabilities can make a meaningful contribution to their growth."Financial performanceThe Company's financial performance for the September 2026 quarter included:Customer receipts of $5.25 million.Statutory net operating cash inflow of $1.92 million.Cash and cash equivalents at 30 September 2026 of $0.55 million.Customer receipts for the September quarter were $5.25 million, broadly in line with the June quarter of $5.29 million. The Company reported statutory operating cashflow of $1.92 million in the quarter.The Company finished the quarter with $0.55 million of cash and $2.98 million of unused financing facilities, being convertible notes not received, giving total available funding of $3.53 million.CashflowThe Company reported statutory operating cashflow of $1.92 million for the September quarter.As in the June quarter, the result should be considered alongside the impact of AASB16 lease accounting and the timing of office fit-out expenditure at Tank Stream Labs. Office rent of $2.93 million is reported in financing activities rather than operating activities. During the quarter, the Group also received $1.68 million of lease incentives from landlords to fund office fit-outs, which are reported in financing activities.Payments for property, plant and equipment of $3.02 million, reported in investing activities, include $1.18 million of fit-out payments made in July 2026 that were matched against the June quarter lease incentives in the Company's previous quarterly update. When these timing differences are matched, the underlying cash movement for the quarter was an outflow of approximately $1.16 million.Financing activities also included $2.07 million of proceeds from the Convertible Note Facility, less $0.54 million of transaction costs and associated investor relations activities, and $0.17 million of loan repayments.On a matching basis, Scalare would consider the actual net cashflow from business activities as follows:September 2026 quarter cashflow$000Operational net cash generated1,923Lease payments shown in financing activities(2,925)Lease incentives received1,677Office fit-out payments during the quarter(3,015)Add back: July 2026 fit-out payments matched in the June 2026 quarter1,181Net cash outflow related to the September 2026 quarter(1,159) Funding and capital managementOn 2 July 2026, Scalare announced that it had received binding commitments for $5,000,000 (before costs) through a Convertible Note Facility with The Blackstone Mercantile Group Ltd. SAC, subject to shareholder approval.The Facility has a face value of up to $25 million, of which $5 million is committed. Further tranches of up to $20 million are at the investor's discretion and require the Company's consent.At 30 September 2026, $2.07 million had been received under the Facility. Transaction costs of $0.54 million were paid during the quarter.Shareholders strongly endorsed the Facility at the General Meeting held on 4 August 2026, approving all resolutions on a poll with more than 99% of votes cast in favour, including the issue of the $1.00 and $2.00 Convertible Notes and a 1-for-60 consolidation of capital.The consolidation gives the Company a more streamlined capital structure for its next phase of growth. Following its implementation, Scalare made a Bonus Issue of new options to existing shareholders (record date 24 August 2026), giving existing shareholders the opportunity to share further in the Company's growth. The bonus options can be exercised between 5 February 2027 and 31 March 2027.On 7 October 2026, the Company announced revised dates for the remaining instalments under the Facility. The second instalment of $1.5 million is now due by no later than 30 October 2026 and the third instalment of at least $1.43 million by no later than 30 November 2026.As the Company's existing Listing Rule 7.1 approval expires on 4 November 2026, shareholder approval for the final instalment will be sought at the Annual General Meeting on 26 November 2026. The Company expects the revised timing to have no material impact on its operations.Operational highlightsTank Stream Labs expands into BrisbaneDuring the quarter, Scalare announced Tank Stream Labs' expansion into Queensland through its new Brisbane workspace at 215 Adelaide Street.Brisbane becomes the eighth location in Tank Stream Labs' network, extending its presence across Sydney, Melbourne, Adelaide and Brisbane, and giving it a presence in four states.The expansion creates a new point of access to the Scalare ecosystem for Queensland founders and growing technology businesses. In addition to flexible workspace, the location provides a platform for community events, founder engagement and connections to the Group's advisory services, corporate partners and investment capabilities.As announced on 28 September 2026, the Brisbane site is expected to be EBITDA and cash flow positive in FY27. Planet Startup is already based in Brisbane, giving the new location an established founder community to build on.Since quarter end, launch activities in October have included a Fishburners Pitch Night, illustrating the opportunity to bring the Group's founder brands together through its national workspace network.Investment in AuricScalare invested in Auric, a Sydney-based technology company founded by Adam Good and Alex Cutri.Auric is developing an AI-powered Scent Intelligence™ platform combining connected hardware, software and scent technology to create personalised environments. Auric has completed development and manufacture of its first commercial device, the Aromasphere, and is deploying units in homes and workplaces across Australia.Alongside the investment, Auric established its Scent Lab at Tank Stream Labs' Merchant House location at 333 Kent Street, Sydney, providing a base for product development and engagement with customers, partners and investors.The investment reflects Scalare's strategy of backing selected technology companies where the Group can provide support beyond capital. Auric's presence within Tank Stream Labs also demonstrates the opportunity to connect investment portfolio companies with the infrastructure and services available across the ecosystem.EquityRoom launchedEquityRoom, a startup fundraising, data room and equity management platform developed and funded by Scalare, was launched in September 2026.At launch, EquityRoom had 11 paying customers and a further 35 customers on trial. The platform earns subscription revenue, which Scalare expects to become a scalable, recurring revenue stream within its products and services business.EquityRoom is operated by EquityRoom Pty Ltd, which is 51% owned by Scalare and 49% owned by its founder, Scalare Partner Tim Griffiths. It complements Inhouse Ventures, Fishburners and the Australian Technologies Competition by giving founders across the ecosystem a single platform to prepare for, run and manage their capital raises.Connecting the Scalare ecosystemFollowing the acquisitions of Tank Stream Labs, Planet Startup and Fishburners in FY26, Scalare's focus remains on strengthening connections between its operating businesses.The Group's combined capabilities span workspace, founder communities, financial and commercial advisory, education, corporate partnerships and investment support.A founder may first engage with Scalare through an event, a program or a workspace. As that business develops, the Group can provide additional services and connections to support its next stage of growth.This approach is intended to increase the value delivered to founders while creating opportunities for recurring revenue, cross-selling and investment across the Group.OutlookScalare's priorities for the remainder of FY27 include:Growing recurring revenue across workspace, advisory services, founder programs and corporate partnerships.Converting EquityRoom trial customers to paying subscribers and growing its customer base.Supporting occupancy and community development at Tank Stream Labs Brisbane.Deepening integration across the Group and converting shared founder relationships into commercial opportunities.Expanding Fishburners' engagement through the national ecosystem.Identifying further investment opportunities where Scalare can contribute capital and practical growth support.Maintaining financial discipline as the Group develops its operating platform.Completing the remaining instalments of the Convertible Note Facility, including obtaining shareholder approval at the Annual General Meeting.The Company believes its expanded national presence and connected service capabilities provide a strong foundation for the next stage of growth.This announcement was authorised for release by the Board of Scalare Partners Holdings Limited.ENDFor more information, please contact: Carolyn BreezeChief Executive OfficerScalare Partners+61 408 606 046carolyn.breeze@scalarepartners.comGiles Bourne Co-Founding Partner and Director Scalare Partners+61 409 548 096giles.bourne@scalarepartners.com About Scalare PartnersFor more information visit: www.scalarepartners.comScalare Partners Holdings Limited (ASX: SCP) is building Australia's most comprehensive founder ecosystem, supporting technology entrepreneurs from idea through to global scale.Through its portfolio of leading founder brands, including Fishburners, Tank Stream Labs, The Founders Union, Planet Startup, Tech Ready Women, Inhouse Ventures, EquityRoom and the Australian Technologies Competition, Scalare provides founders with the community, workspace, advisory services, education, corporate connections, investment pathways and growth support needed to build successful technology businesses.Collectively, the Group has a combined community of around 40,000 active founders and alumni, has supported over 10,530 startups throughout their growth journey, and its alumni have raised more than $5.4 billion in funding. Through more than 7,000 startup and innovation events, strategic corporate partnerships and investment initiatives, Scalare continues to strengthen Australia's innovation ecosystem.Operating across Australia with an expanding international network, Scalare generates recurring revenue through coworking, advisory, founder programs, corporate partnerships and innovation services, while also investing in selected high-growth technology companies. By bringing together capital, capability and community, Scalare creates long-term value for founders, corporate partners and shareholders.Forward Looking StatementsScalare Partners prepared this release using available information. Statements about ensuring future capital expenditures, potential investments, operating activities and the Company's business plan and timing are forward-looking statements. The Company believes such statements are reasonable, but it cannot guarantee their accuracy. Forward-looking information is often identified by words like "plans", "expects", "may", "should", "budget", "scheduled", "estimates", "forecast", "intends", "anticipates", "believes", "potential" or variations of such words, including negative variations thereof, and phrases that refer to certain actions, events, or results that may, could, would, might, or will occur or be taken or achieved. The Company's actual results, performance and achievements may differ materially from those expressed or implied by forward looking statements due to known and unknown risks, uncertainties and other factors. The information, opinions, and conclusions in this release are not warranted for fairness, accuracy, completeness, or correctness. To the maximum extent permitted by the law, none of Scalare Partners, its directors, employees, agents, advisers, or any other person accepts any liability, including liability arising from fault or negligence, for any loss arising from the use of this release or its contents or otherwise in connection with it.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319906 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SINGAPORE, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - CropLife Asia, the regional association representing the plant science industry, today announced the appointment of three new representatives to its Board of Directors: Sergi Vizoso-Sansano of BASF Agricultural Solutions, Subroto Geed of Corteva Agriscience and Sebastià Pons of FMC.Sergi succeeds Simone Barg as BASF's representative on the Board, Subroto succeeds Brook Cunningham as Corteva's representative, while Sebastià succeeds Rahoul Sawani as FMC's representative. The appointments also coincide with a transition in CropLife Asia's leadership, with Paul Luxton, Head of Asia, Syngenta, formerly VicePresident, assuming the presidency, succeeding Simone Barg.Sergi Vizoso-Sansano leads BASF Agricultural Solutions in Asia Pacific. He brings nearly 30 years of international experience with BASF across Europe and the Americas. Prior to his current role, he served as Senior Vice President, Agricultural Solutions Latin America, based in São Paulo, and also held leadership roles within CropLife associations in Latin America. He has also served as Chairman of the Board of CropLife Brasil and CropLife Latin America.Subroto Geed is President, Asia Pacific, at Corteva Agriscience, having previously served as the company's Head of South Asia. He brings extensive experience in business leadership, commercial strategy and operations across multiple industries and markets. Prior to joining Corteva, he held senior leadership positions across consumer healthcare, nutrition and beverages, with responsibilities spanning business growth, marketing, supply chain management and organizational development. His cross-sector experience brings a valuable perspective on business transformation, strategic partnerships and market development.Sebastià Pons is the Executive Vice President and President, FMC Eurasia, leading FMC's business across Europe, the Middle East, Africa and Asia Pacific from Geneva. He joined FMC in 2017 and most recently served as President for Europe, Middle East and Africa. Before joining FMC, he spent 20 years with DuPont Crop Protection in regional and global roles across Europe and the United States. He has also served on the Board of CropLife Europe. Paul Luxton has served as Head of Asia at Syngenta since January 2024, overseeing the company's business across key Asian markets, including Southeast Asia, Bangladesh and Korea. He previously led Syngenta's Australia and New Zealand business, having served as Country Head since 2008. With extensive experience in agricultural business leadership and industry engagement, Paul brings a strong understanding of the opportunities and challenges facing agriculture across the region. He previously served as President of CropLife Australia and was Vice-President of CropLife Asia before assuming the presidency.“We are pleased to welcome Sergi, Subroto and Sebastià to the CropLife Asia Board. Their combined international experience and diverse perspectives will strengthen our work to advance science-based policies, responsible stewardship and agricultural innovation across Asia. We also thank our outgoing Board representatives for their contributions and look forward to working with Paul in his role as President,” said Siang Hee Tan, Executive Director of CropLife Asia. CropLife Asia extends its sincere appreciation to Simone Barg for her leadership as President of the Board, and to Brook Cunningham and Rahoul Sawani for their contributions as Board representatives. The association thanks them for their service and commitment to its work across Asia.CropLife Asia Board of DirectorsThe CropLife Asia Board leadership and company representatives are now as follows:Paul Luxton, Syngenta – PresidentMalu Nachreiner, Bayer Crop Science – TreasurerSubroto Geed, Corteva Agriscience – SecretaryDai Ito, Sumitomo Chemical – MemberSergi Vizoso-Sansano, BASF Agricultural Solutions – MemberSebastià Pons, FMC – MemberAbout CropLife AsiaCropLife Asia is a non-profit society and the regional organization of CropLife International, the voice of the global plant science industry. We advocate for a safe, secure food supply, and our vision is food security enabled by innovative agriculture. CropLife Asia supports the work of 15 member associations across the continent and is led by six member companies at the forefront of crop protection, seeds and/or biotechnology research and development. For more information, visit us at www.croplifeasia.org. For more information please contact:Cindy LimAssociate Director, Public Affairs & Strategic PartnershipsCropLife Asiacindy.lim@croplifeasia.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 20, 2026 - (ACN Newswire via SeaPRwire.com) - Beijing Yunji Technology Co., Ltd. (“Yunji Technology” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2670.HK) published a voluntary announcement recently. Ms. Zhi Tao, chairwoman of the Board, executive Director and president of the Company, and Mr. Li Quanyin, executive Director and chief executive officer of the Company, have each voluntarily undertaken to extend the lock-up period applicable to the Shares directly held by them to October 15, 2027. Against intensifying industry competition, market focus increasingly shifts toward companies with long-term sustainability. The decision of core management to extend the lock-up voluntarily at the expiry date fully demonstrates their confidence in the Group’s long-term growth prospects and their commitment to growing alongside the Group.Concurrently with the lock-up undertakings, Yunji Technology also voluntarily disclosed business progress during the nine months ended September 30, 2026: the Group’s robot operations continued to grow steadily, with the products covering over 45,000 hotels on a cumulative basis. The average daily number of concurrently online robots increased by approximately 20% to 25% year-on-year, while the number of tasks completed during the period rose by approximately 25% to 30%. The newly launched noodle-cooking robot has been included in the new-opening procurement list of a major hotel group customer, extending in-stay services into dining. At the same time, as a supplier of core mobility technology and modules, Yunji Technology is extending its reach into healthcare, manufacturing and property services through ecosystem partners’ products. Deliveries are underway on the Group’s 1,000-robot order under the cooperation with Ye Niao. Meanwhile, the Runyi project involves an order for 100 robots, with deployment across multiple hospitals now underway.As the robot network expands, penetration of the HDOS AI agent assistant into hotels’ daily operations has further deepened. In the first nine months of 2026, total HDOS subscribers exceeded 5,000, up approximately 230% year-on-year, while the number of paying subscribers increased by approximately 220%. The announcement states these day-to-day improvements in service efficiency and quality support further integration of HDOS into hotels’ workflows, with subscriptions and renewals generating recurring service revenue for the Group.In the AI agent ecosystem, the related services cover approximately 400 apartment properties, with the busiest property handling approximately 650 orders per day. Recently, Yunji Technology has signed strategic cooperation agreements with Taobao Instant Commerce and Meituan to connect platform orders to its robot delivery network, rapidly expanding its service coverage.In overseas markets, Yunji Technology continues to expand the distributor network and has recently entered Central Asia and Norway. It expects to sign robot sales orders with distributors in Norway, Greece, Germany and France within the next month, broadening the European sales network.By voluntarily extending the lock-up period, the core managements have closely aligned the interests of management with the Company’s long-term operating performance. Together with the steady expansion of the multiple business lines, Yunji Technology’s commercial closed loop continues to improve. Building on the mobile robotics technology accumulated in hotel scenarios, the Group keeps extending the boundaries of the services and unlocking the potential of AI agents. In the future, it is well positioned to further consolidate the core competitive strengths and open up room for long-term growth.About Beijing Yunji Technology Co., Ltd.Beijing Yunji Technology Co., Ltd. (referred to as "Yunji Technology") was founded in 2014 with the mission of "Robots, for a Happier Humanity," and is committed to building a world-leading ecosystem for service intelligent agents. By deeply serving enterprise clients, Yunji Technology redefines consumer experiences through cutting-edge robotics and intelligent agent services. From robots capable of interacting with the physical world to intelligent software platforms that streamline decision-making, Yunji Technology leverages intelligent agents to deliver adaptive, scalable, consumer-centric, and future-ready products and services, establishing itself as a pioneer in the R&D and commercialization of robotic service agents.To date, the company has deployed its solutions in global scenarios, including 40000+ hotels, 200 hospitals, factories, apartments, and office buildings, covering regions such as the Middle East, the Americas, South Korea, Japan, and Thailand. As of now, Yunji Technology robotics and intelligent agent services have cumulatively completed 1.1 billion interactions and traveled over 90 million kilometers.In 2023, Yunji Technology pioneered a new form of embodied intelligent robotics—the Composite Polymorphic Robot [UP]. As a multi-functional robot capable of using tools, understanding and assigning tasks, and collaborating in groups, it was recognized as one of the first "Comprehensive 5G Application Solution Providers" by the Ministry of Industry and Information Technology (MIIT) for its integration of "robotics + 5G technology."Yunji Technology has been successively awarded the titles of "Specialized, Refined,Distinctive, and Innovative" (Little Giant) Enterprise by the MIIT and the Beijing Municipal Government. It has also twice received China’s prestigious AI accolade, the "Wu Wenjun Artificial Intelligence Award," and has participated in drafting 26 technical and industry standards, solidifying its leadership in technological innovation and application within the industry. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NAPERVILLE, IL, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - Devin Murray joins Chervon as Director of Sales - Northern Division, effective October 19, 2026, reporting to Thomas Kentouris, Vice President of Field Sales.Murray joins Chervon after completing a six-year fast track career in TTI sales and sales management. Most recently, he was a Key End User Account Manager for Milwaukee charged with growing the pro tool business with large end users.Murray's exceptional recruiting skills and leadership skills enabled him to build, manage and inspire highly effective sales teams at the store level. His account management prowess resulted in outstanding sales results and strong partnerships with multiple national accounts."Early in his impressive career, Devin was identified as a high potential future superstar executive," said Thomas Kentouris. "His large end user pro tool experience is exactly what we need to help build our pro tool leadership position. His inspiring leadership skills combined with his ability to aggressively grow sales at the store level all the way to the national account level make him a tremendous addition to our team.""I am thrilled to join Chervon's amazing leadership team and to focus on our bold sales growth targets," said Murray. "Chervon's advanced technology and powerful new product development capabilities are all designed to catapult our company into a position of global leadership, and I look forward to supporting our exciting goals in the years ahead."Murray is a graduate of James Madison University in Harrisonburg, VA.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 19, 2026 - (ACN Newswire via SeaPRwire.com) - Terry Lucero joins Chervon as Director of National Accounts - Industrial, effective October 19, 2026, reporting to Jeff Campbell, Senior Vice President of Industrial Commercial Sales.Lucero brings 25+ years of extensive experience in building professional tool businesses at national accounts, regional accounts, at the store level and at the end user level.Lucero started his career at Dewalt where he advanced through a series of sales, sales management and end user marketing positions over 5 years driving professional tool growth.Lucero went on to WW Grainger where he progressed through a series of business development and sales management positions. He was also a sales manager of professional equipment at United Rentals.Most recently, Lucero served as a director of sales at APEX Tool Group for the Americas."Terry's impressive pro tool experience in industrial distribution, national account management and end user marketing makes him an outstanding addition to Chervon," said Jeff Campbell. "His deep understanding of selling pro tools throughout industrial channels will be invaluable as we build our leadership position in the pro tool market.""I'm excited to join Chervon and begin working on building our high potential professional tool business," said Lucero. "My experience in industrial channels is a great match with the company's aggressive growth goals in these important professional tool channels of distribution."Terry is a graduate of Cornell University, where he majored in communications and was also a member of the Cornell varsity wrestling 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

NAPERVILLE, IL, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - Krystle Adams joins Chervon as Director of Sales Recruiting, effective October 19, 2026, reporting to Matt DeFeo, SVP of Sales, Training and Recruiting.Over the past 9+ years, Adams has advanced through a series of increasingly responsible sales and recruiting positions at TTI. Earlier in her impressive career, Krystle distinguished herself as an outstanding sales representative and sales manager delivering consistently strong results.Most recently, she was a National Recruiting Operations Manager responsible for leading, coordinating, and implementing recruiting efforts across campuses nationwide. Krystle has demonstrated exceptional skills in developing and leading campus and field sales recruiting efforts. She also designed and executed a thriving national college internship program."I feel incredibly fortunate to now have Krystle Adams in place to launch Chervon campus recruiting," said Matt DeFeo, SVP of Sales, Training and Recruiting. "Krystle is one of the most talented, high potential sales recruiting leaders I have seen over the past 40+ years, and she will have an immediate, significant impact on the results at Chervon.""My experience and passion for building world-class campus recruiting systems match perfectly with Chervon's bold plans to build out a national sales organization," said Adams. "I plan to work quickly to implement our new Chervon campus recruiting system and to hire hundreds of high potential, newly-minted college graduates."Adams holds a B.S. degree in Business and Marketing from the University of California in Riverside.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

SANTA CLARA, CA, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - Tenstorrent, the AI computing company, has closed $1.5B in Series E funding at a $6.2B post-money valuation.The round was led by Trace Capital and Innovation X, with participation from new and existing investors including Agostinelli Group, ARK Invest, Brett Barna, Cadence Ventures, Eclipse, Fidelity Management & Research Company, Maverick Silicon, Morgan Stanley, Protagonist, Sandisk, T. Rowe Price*, Tether Investments, Troluce Capital, Virtu Financial, and XTX Markets.Tenstorrent will use the capital to deploy Galaxy servers at scale, continuing to serve open-weight models across LLMs and video generation, and advance the AI and CPU IP it licenses to customers designing their own silicon.Tenstorrent sells AI compute at every level of the stack - from a single card or workstation to racks, superclusters, and custom IP. With an open-source software stack, developers can run frontier models locally and enterprises can deploy models on-prem at industry-leading latency and throughput."We built one architecture and sell it at every size," said Jim Keller, CEO of Tenstorrent. "The future of compute is open, scalable, and owned by the people building on it. Our investors believe in that model too, and we appreciate their support.""Jim and his team bring decades of hands-on silicon, software, and IP experience, and we're excited to partner with Tenstorrent as Galaxy continues to scale," said Ben Mahdavi, Founder at Trace Capital."Few companies design the chip and the software that runs on it. Tenstorrent does both, and its video generation results beat industry benchmarks ahead of our expectations," said George Bousis, Co-Founder and Managing Partner at Protagonist. "We are excited to double down in the Series E to back Jim and the team through this next phase of growth."*Accounts advised by T. Rowe Price Associates, Inc.About TenstorrentTenstorrent is an AI compute company led by CEO Jim Keller - architect of Apple A4/A5, AMD Zen, and Tesla's Full Self-Driving chip. The company builds RISC-V-based AI processors and systems for developers, enterprises, and sovereign infrastructure worldwide. In addition to servers and workstations, Tenstorrent licenses its TT-Ascalon RISC-V CPU and Tensix AI cores to chip designers including Samsung and LG. Backed by Bezos Expeditions, Samsung, LG Electronics, Hyundai Motor Group, Fidelity Management and Research Company, and others, Tenstorrent operates from Santa Clara, Austin, Toronto, Belgrade, Tokyo, and Bangalore. tenstorrent.comAbout Trace CapitalTrace Capital is an investment firm that invests in, acquires, and builds exceptional businesses across stages and industries. The firm takes a long-term, concentrated approach to businesses at the forefront of technological change and the industries being transformed by it.Trace Capital was founded in 2026 by Ben Mahdavi, who previously co-founded Quiet Capital and led its Access strategy. During his time at Quiet, the firm invested in many of the leading technology businesses of the past decade.www.tracecap.comAbout Innovation XFounded in 2016 by Roger Monteforte, Innovation X is a late-stage venture capital firm that invests in privately held companies with innovative or disruptive technologies across defense technology, fintech, artificial intelligence, infrastructure, and the space economy. Innovation X Advisors has over $4.5B under management across multiple funds (as reported on Form ADV as of 12/31/2025).Tenstorrent Media Contact:Justin MauldinSalient PRachievemore@salientpr.com737.234.0936SOURCE: Tenstorrent Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Guangzhou, China, Oct 19, 2026 - (ACN Newswire via SeaPRwire.com) - At the event, international smart mobility brand Airwheel presented its range of Luxury Cabin Suitcases, combining electric mobility, intelligent technology and premium luggage design in a product category that challenges the conventional definition of travel luggage.The first phase of the 140th Canton Fair has come to an end, but one of the products featured at Airwheel's booth continues to generate conversation among international buyers: a suitcase that can actually be ridden.The response was immediate.International buyers gathered around the Airwheel booth to see the products, ask questions and, most importantly, experience them for themselves. One after another, visitors stepped onto the electric suitcases and rode through the exhibition area.Soon, Airwheel rideable luxury suitcases became a familiar sight across the venue, with buyers riding between exhibition areas and returning to the booth to explore product specifications and potential business opportunities.A suitcase that moves with you is no longer a concept. At Airwheel, it is a product experience.From “Carry-On” to “Ride-On”Traditional luggage is designed around a simple relationship: the traveler moves, and the suitcase follows.Airwheel is challenging that relationship.Its Luxury Cabin Suitcase combines the storage functionality of a compact travel case with an integrated electric mobility system, allowing users to switch between conventional luggage handling.For travelers moving through large airports, exhibition centers, transportation hubs and other spacious environments, the concept is straightforward:Instead of always pulling your suitcase, ride it when the journey calls for it.The idea proved particularly compelling at the Canton Fair, where buyers routinely travel long distances between exhibition halls, booths and meeting areas.On selected Airwheel models, the riding mechanism can be deployed with an intuitive control system, allowing the suitcase to transition from luggage to personal mobility device within seconds.The result is a distinctly different travel experience.The suitcase is no longer simply something being carried.It becomes part of the way you move.A Product That Turns Curiosity Into Business ConversationsAirwheel's product demonstrations at the Canton Fair was driven not only by its unusual appearance, but by the ability of visitors to experience the technology directly.Buyers could sit on the suitcase, test the riding controls, examine the structure and evaluate the combination of luggage storage and electric mobility firsthand.That physical interaction quickly moved beyond curiosity.Airwheel's exhibition team engaged with international buyers on topics including bulk purchasing, product certifications, delivery schedules, distribution models, market positioning and product portfolios.For distributors and retailers, the attraction is clear.Rideable smart luggage offers a differentiated category that sits at the intersection of travel gear, personal mobility and consumer technology.It creates a product experience that traditional luggage cannot easily replicate while giving retail and distribution partners a new way to engage consumers.The Canton Fair experience demonstrated the value of that approach: visitors did not need a lengthy explanation to understand the concept.They could simply get on and ride.73.26Wh Removable Battery Designed for Carry-On TravelThe technology behind Airwheel's Luxury Cabin Suitcase extends far beyond its electric drive system.The 73.26Wh removable lithium battery is designed around the requirements of modern air travel. Airwheel states that the battery meets global airline standards, with a removable architecture that allows it to be taken out of the suitcase when required.For the SE3SX, Airwheel's 20-inch smart electric suitcase is specifically positioned as a cabin-size carry-on product, with the company stating that it meets international airline carry-on standards. The removable battery architecture also facilitates security inspection and battery handling during travel.The battery solution is supported by relevant safety certification, while the 20-inch cabin-size form factor is designed to integrate electric mobility into a travel format familiar to international travelers.This creates an important distinction.Airwheel is not simply building an electric vehicle that happens to look like luggage.It is engineering a travel product around the requirements of luggage first, while integrating personal mobility into the same architecture.The SE3SX, for example, combines a 73.26Wh battery, 20-inch carry-on format, 6.6kg overall weight, 95kg maximum load and a top speed of 9.9km/h. It also supports Apple Find My and Airwheel's smart app ecosystem.Smart Features Built Into the Travel ExperienceElectric mobility is only one part of the Airwheel experience.Depending on the model, the Luxury Cabin Suitcase portfolio incorporates technologies including TSA-compatible locks, USB charging, Airwheel smart APP connectivity, Apple Find My support and dynamic RGB lighting.The objective is not to add technology simply for the sake of technology.Each feature is intended to address a familiar part of the travel experience.The smart APP provides connected control functions, while Apple Find My support gives users another way to keep track of their luggage. TSA-compatible locking supports international travel scenarios, while USB charging turns the suitcase into an additional source of mobile power.On the SE3SX, Airwheel has also integrated a smart handle that brings key riding controls into the handlebar architecture, combining acceleration, braking and reverse functions into a compact interface.The design philosophy is therefore less about creating a “smart gadget” and more about creating a smart piece of travel equipment.Engineering Meets Luxury Luggage DesignThe engineering challenge behind a rideable suitcase is significant.A conventional suitcase needs to maximize internal storage while remaining lightweight, durable and easy to transport.An electric suitcase adds an entirely different set of requirements: motors, batteries, structural reinforcement, control systems, wheels and mechanical components must all coexist within a compact luggage architecture.Airwheel approaches this challenge through the integration of electric drive technology, structural engineering, intelligent controls and premium luggage design.The SE3SX uses an enhanced aluminum-magnesium alloy frame combined with an ABS+PC composite shell, balancing strength with weight. The product supports a maximum load of 95kg while maintaining a compact 20-inch cabin-size form.The result is a product that does not simply look futuristic.Its technology is built into the physical architecture of the suitcase.The intelligence is in the structure. The mobility is in the design. And the technology is designed to disappear into the experience.International Design Recognition Beyond the RideThe attention Airwheel received at the Canton Fair is part of a broader design and innovation story.Airwheel's smart rideable luggage portfolio has received recognition from a wide range of international design programs, including the Berlin Design Awards Gold, European Product Design Award (EPDA), MUSE Design Awards, London Design Awards, NY Product Design Awards, Asian Design Awards, Japan IDPA Awards, WGA Wonder Global Design Awards and iLuxury Design Awards, among others.Airwheel's official product platform also highlights international design recognition across models including the SE3 series and SE3MiniT, with awards associated with programs in Europe, the United States and Asia.For Airwheel, these awards represent more than visual design.A rideable suitcase requires designers and engineers to rethink the relationship between form, function and movement.How can a motor be integrated without compromising luggage space?How can a riding mechanism remain compact when the suitcase is used as conventional luggage?How can a premium exterior accommodate sophisticated electronics and mechanical components?And perhaps most importantly:How can technology change the experience of travel without making the product feel complicated?These are the design questions behind the evolution of Airwheel's smart luggage.600+ Global Patents and Trademarks in 168+ Countries and RegionsBehind the product portfolio is an international intellectual property foundation developed over more than a decade of smart mobility research and product development.Airwheel has established a portfolio of more than 600 global patents, while its trademark registrations extend across more than 168 countries and regions.For international business partners, this intellectual property foundation provides an important indicator of Airwheel's long-term commitment to technology, product development and global market expansion.The combination of patents, international trademarks, design awards and an established product portfolio gives Airwheel a broader foundation for cooperation with distributors, retailers, travel retailers and mobility-focused partners.Rather than building its international business around a single product, Airwheel is developing a broader smart mobility ecosystem.A Complete Luxury Cabin Suitcase PortfolioThe Canton Fair presentation also demonstrated that Airwheel's strategy extends well beyond a single flagship model.The SE3SX , SE3SL and SE3SXD form key parts of the Luxury Cabin Suitcase portfolio, offering different approaches to intelligent riding, portability and connected travel.The SE3SX Cabin Suitcase focuses on premium smart electric mobility in a compact 20-inch cabin format, combining riding functionality, smart APP connectivity and Apple Find My support.The SE3SL+ Airport Boarding Suitcase emphasizes lightweight design and everyday usability, balancing rideability, portability and travel convenience.The SE3S and SE3SL Smart Carry-on Suitcase further expand the range for mainstream smart travel markets.Airwheel also presented products designed for more specific travel and mobility scenarios.The SE3MiniT hand suitcase focuses on a compact form factor for lighter travel and short-distance mobility.The SE3T brings a larger-capacity format for travelers who need greater storage for longer journeys and family travel.The SQ3 and SQ3S kids suitcase extend the rideable luggage concept into children's travel, combining mobility, practicality and a more engaging travel experience.Together, these models form a broader product ecosystem spanning premium cabin luggage, everyday travel, larger-capacity mobility and family-oriented products.For international distributors and retailers, that creates greater flexibility in building a localized product portfolio around different consumer segments and market requirements.The Next Evolution of Smart TravelThe first phase of the 140th Canton Fair offered Airwheel an opportunity to demonstrate its products directly to global buyers.The demonstrations allowed visitors to see the riding function firsthand.Visitors saw the product.They sat on it.They rode it.And many stayed to discuss what it could mean for their markets.That sequence—from discovery to experience to business conversation—captures the core of Airwheel's approach to smart travel.The company is not simply putting a motor into a suitcase.It is exploring what happens when luggage becomes mobility.When mobility becomes intelligent.And when technology becomes an integrated part of the travel experience.The result is a new category of travel equipment designed for a generation of travelers who expect their everyday products to do more.A suitcase that carries your belongings. A mobility device that carries you. A connected travel companion that moves with you.That is the direction Airwheel is taking with its Luxury Cabin Suitcase.Airwheel Continues at Canton Fair Phase Two and Phase ThreeThe first phase of the 140th Canton Fair may have concluded, but Airwheel's presence at the event continues.The brand will participate in the second and third phases, providing international distributors, retailers, sourcing professionals and potential business partners with further opportunities to experience the Luxury Cabin Suitcase portfolio firsthand.Phase TwoOctober 23–27, 2026Airwheel Booth: 20.2F19-20Phase ThreeOctober 31–November 4, 2026Airwheel Booths: 18.1K04, 20.2J37-38 and 20.2K11-12For buyers looking for differentiated smart travel products, the upcoming exhibition phases provide an opportunity to explore the full Airwheel portfolio, experience the rideable luggage firsthand and discuss potential distribution and sourcing opportunities directly with the brand.The first phase showed how quickly a new form of luggage can capture attention.The next two phases will bring that experience to even more global buyers.Airwheel is not waiting for the future of travel.It is building it—one smart suitcase at a time.About AirwheelAirwheel is an international smart mobility brand developing intelligent travel, personal mobility and smart electric products.With more than a decade of experience in smart mobility development, 600+ global patents, trademark registrations across 168+ countries and regions, and a growing portfolio of international design awards, Airwheel continues to explore the convergence of intelligent technology, industrial design and everyday mobility.Its smart rideable luggage portfolio includes the SE3SX, SE3SL, SE3SXD, SE3SL, SE3S, SE3MiniT, SE3T and SQ series, serving different travel scenarios, user groups and market requirements.Airwheel's vision is simple:Free Intelligent LifeMedia ContactCompany: AirwheelContact: Media TeamWebsite: https://www.airwheel.net Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

LAKE MARY, Fla., October 18, 2026 (ACN Newswire via SeaPRwire.com) - OpenWorld, Inc. (“OpenWorld” or the “Company”) (NASDAQ: OPNW), an innovation company advancing global real-world asset (“RWA”) tokenization, today announced the signing of a definitive merger agreement to acquire Blocksight and outlined how its acquisition of Blocksight Holdings Co. (“Blocksight”), announced on October 1, 2026, is intended to serve as the operating foundation for the Company’s tokenized financing programs in infrastructure and energy. Blocksight builds AI agents that bring real-world assets on-chain, automating deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing investment servicing, with human approval required at key decision points. Upon completion of the acquisition, these agents are expected to be integrated into OpenWorld Enterprise, the platform through which OpenWorld structures, administers and reports on tokenized RWA programs.In the two weeks since the Blocksight announcement, OpenWorld has announced two tokenized financing programs that OpenWorld Enterprise is expected to structure and service. On October 7, 2026, the Company entered into a non-binding term sheet with BeyondAI for a proposed intellectual property-backed transaction of up to $130 million, under which digital tokens would represent investors’ rights to payments backed by eligible BeyondAI intellectual property. On October 15, 2026, the Company entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $1 billion to fund a distributed AI computing network powered by on-site solar energy and residential battery storage, with an expected initial deployment planned for 10,000 homes. Together, the three announcements describe a single model: one platform, one agentic workflow, applied across asset classes.Key HighlightsOne platform, one repeatable model: OpenWorld Enterprise is the structuring, administration and reporting layer for each program. Blocksight’s agents are intended to become the orchestration layer inside that platform, so that each new program reuses the same verification, onboarding and reporting infrastructure rather than rebuilding it.Agentic workflow with human approval: Blocksight’s agents are expected to cover five stages of a tokenized financing: deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing servicing. People approve the decisions that matter at each stage.Applied to intellectual property (BeyondAI): In an IP-backed structure, the agents are expected to verify eligible patents and software rights, onboard investors and report daily on the payment streams that back the tokens, while BeyondAI retains control of its technology.Applied to energy and computing infrastructure (Meridian): In a distributed network of residential battery storage, solar panels and AI computing equipment across thousands of properties, the agents are expected to ingest equipment performance data via IOT devices, reconcile hosting payments and AI inference revenue, and deliver investor reporting on the underlying assets.Team: The Blocksight co-founders Patrick Kim and Peter Hong are expected to join OpenWorld upon closing of the merger.“We want to build a model in which the Blocksight acquisition provides the foundation for our tokenization work in infrastructure and energy,” said Matt Shaw, CEO of OpenWorld. “We expect our proposed transaction with BeyondAI to demonstrate that industrial AI intellectual property can be structured as financeable collateral. Our term sheet with Meridian extends that same model to physical assets: Tesla Powerwall residential battery storage, solar generation and AI compute nodes across thousands of properties. Programs of that size cannot be verified, onboarded and reported on by hand. Blocksight’s agents are how we intend to do it at scale, with people approving every decision that matters.”From Transaction to PlatformTokenizing a real-world asset is not a single event. Each program requires the underlying assets to be structured into a financeable form, the data behind those assets to be verified, investors to be onboarded and documented, performance to be reported on a continuing basis, and payments to be serviced over the life of the structure. Performed manually, each of these steps limits how many programs a platform can run and how large each program can be.Blocksight was built to automate that lifecycle. Its agents structure deals, verify asset data, onboard investors, produce daily investor reporting and service investments on an ongoing basis, with humans required for key decisions. After the closing of the merger, OpenWorld intends to make this workflow the standard operating layer of OpenWorld Enterprise, so that the Company can take on larger programs, across more asset classes, with consistent verification and reporting for investors.Applying the Model: BeyondAIUnder the October 7, 2026 term sheet, OpenWorld would provide transaction structuring, tokenization, technology integration, reporting infrastructure and operational services for a proposed IP-backed transaction of up to $130 million. Each token would represent an investor’s rights to payments backed by eligible BeyondAI intellectual property, such as patents and software rights. The proposed arrangement is a financing backed by IP rights, not a sale of BeyondAI’s technology, and BeyondAI would retain control of its technology.Within this structure, Blocksight’s agents are expected to support the verification of eligible intellectual property, the onboarding of investors and the daily reporting on the payment streams that back the tokens.Applying the Model: MeridianUnder the October 15, 2026 term sheet, OpenWorld would serve as advisor, structuring agent and services provider for a tokenized financing program of up to $1 billion, and OpenWorld Enterprise would finance and operate the orchestration of a distributed AI computing network. Meridian holds purchase rights to Tesla Powerwall residential battery storage systems for the program and would own the storage assets within the structure. Residential battery storage, solar panels and AI computing equipment form the asset base. The initial deployment is planned for 10,000 homes, with larger installations at local schools, hospitals and commercial campuses. Initial installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027.A program of this kind produces a continuous stream of operating data from thousands of sites: equipment performance, energy generated and stored, computing capacity delivered to AI inference providers, and payments owed to participating hosts. Blocksight’s agents are expected to ingest that data, reconcile it against the financing structure and provide investors with reporting on the underlying assets through OpenWorld Enterprise.Transaction StatusThe term sheets with BeyondAI and Meridian are non-binding, except for the provisions expressly stated to be binding, and each proposed transaction remains subject to the completion of confirmatory due diligence, negotiation and execution of definitive documentation, satisfaction of applicable conditions and completion of the contemplated transaction. In addition, the acquisition of Blocksight remains subject to the satisfaction or waiver of customary closing conditions. There can be no assurance that any of these transactions will be consummated on the terms described or at all.Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “believes,” “continue,” “expect,” “plan,” “could,” “contemplate,” “may,” “will,” “should,” “would,” “intend,” “potential,” “designed,” and other words of similar meaning. Examples of forward-looking statements include, among others, statements regarding the acquisition of Blocksight, whether the OpenWorld Board of Directors will approve the acquisition, whether definitive transaction documentation will be executed, the anticipated timing, structure and benefits of the acquisition, the satisfaction or waiver of any closing conditions, the integration of Blocksight and its technology into OpenWorld Enterprise, the expected roles of Blocksight’s founders following closing, the integration of Blocksight’s technology into OpenWorld Enterprise, the proposed transactions with BeyondAI and Meridian, and the size, timing and structure of those programs and the ability of OpenWorld to realize the anticipated strategic and operational benefits of the proposed acquisition and proposed transactions. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on OpenWorld’s current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside OpenWorld’s control. Actual results and outcomes may differ materially from those indicated in the forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. Important factors that could cause actual results and outcomes to differ materially from those indicated in the forward-looking statements include, among others, the following: (1) the possibility that the OpenWorld Board of Directors does not approve the proposed transactions that the parties do not execute definitive transaction documentation; (2) the occurrence of any event, change or other circumstance that could cause the proposed transactions not to be completed, including the failure to obtain any necessary approvals or satisfy or waive applicable closing conditions; (3) the institution or outcome of any legal proceedings that may be instituted against OpenWorld, Blocksight, Meridian or BeyondAI following the announcement of the proposed transactions; (4) the risk that the proposed transactions disrupts current plans and operations as a result of the time it diverts from management; (5) OpenWorld’s ability to realize the anticipated benefits of the proposed transactions and successfully integrate Blocksight’s, Meridian or BeyondAI’s business, personnel and technology if the transactions are completed; (6) the risk that tokenized securities may face increased regulatory scrutiny and may not be broadly accepted by the market; (7) costs related to the proposed transaction; (8) changes in applicable laws or regulations; and (9) the risks and uncertainties described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.”OpenWorld cautions investors not to place undue reliance on the forward-looking statements contained in this press release. You are encouraged to read OpenWorld’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements speak only as of the date of this press release, and OpenWorld undertakes no obligation to update or revise any of these statements except as required by applicable law. OpenWorld’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should consider these risks and uncertainties. OpenWorld does not give any assurance that definitive transaction documentation relating to the acquisition of Blocksight or the proposed transactions with Meridian and BeyondAI will be executed, that the acquisition or transactions will be completed or that OpenWorld will achieve its expectations and objectives, financial or otherwise, even if the proposed acquisition or transactions are completed.About OpenWorldOpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at @_openworld.About BlocksightBlocksight Holdings Co. builds AI agents that bring real-world assets on-chain. Its agents automate deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing investment servicing, with human approval required at key decisions. Blocksight was co-founded by Patrick Kim and Peter Hong.Investors:ir@openworld.devMedia:Gasthalter & Co.Phone: (212) 257-4170Email: openworld@gasthalter.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Hong Kong, Oct 18, 2026 - (ACN Newswire via SeaPRwire.com) - Megaannum Capital Limited (“Megaannum Capital”), the venture capital platform of the Hong Kong SAR based Megaannum Group, held a signing ceremony at The Peninsula Hong Kong with – Beijing Zhongke Xianxing Venture Capital Management Co., Ltd. (“Zhongke Xianxing Venture Capital”), a venture capital platform under the Chinese Academy of Sciences, the People’s Republic of China. The two parties intend to jointly establish a pre-IPO private equity fund with a target size of RMB1 billion.Ms Joyce Lee, Chairwoman of the Megaannum Group (front row, left), and Dr Biao Li, Partner of Zhongke Xianxing Venture Capital (front row, right), signed the strategic cooperation agreement at the ceremony. Mr Alan Chan, representative of Megaannum Technology (back row, first from left); Dr Sam Shiu, representative of Megaannum Asset Management (back row, second from left); Mr Henry Hui, representative of Megaannum Capital (back row, first from right); and Mr Dixon Chan, representative of Megaannum Group (back row, second from right), witnessed the signing ceremony.Ms Joyce Lee, Chairwoman of Megaannum Group, said, “This collaboration marks a significant milestone in our shared vision to leverage capital as a catalyst for nurturing and exploiting the potential of cutting-edge technological innovation. By combining resources across different regions, this partnership aims to accelerate the commercialisation of research achievements, effectively bridging the gap between scientific discovery and market application. We are honoured to be appointed as a strategic partner of Zhongke Xianxing Venture Capital. The new fund is designed to provide comprehensive structured financing support bringing sophisticated, advanced technological achievements from the laboratory to the marketplace and at the same time serving as a springboard for the global expansion of companies incubated by the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences and affiliated institutes. By leveraging Hong Kong’s established role as a premium hub and a bridge between the Chinese Mainland and international capital markets, Megaannum Group strives to provide a vital channel for companies possessing core technologies and strong growth. Our goal is to assist these innovators in accelerating their commercialisation and scaling up efforts on a global stage.”Dr Biao Li, Partner of Zhongke Xianxing Venture Capital, said, “This partnership with Megaannum Group and the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences represents a powerful synergy between premier scientific capabilities and the dynamic Hong Kong capital market. Leveraging the Institute’s extensive portfolio of cutting-edge research achievements and Megaannum Group’s expertise in international capital markets, the collaboration bridges the gap between scientific discovery and commercial application. By harnessing Megaannum’s ecosystem as an integrated financial technology group, the partnership provides market-oriented, professional support to high-potential technology projects. Together, the parties will pool their strengths in scientific research, industry and capital to facilitate the transition of outstanding research projects from the laboratory to the marketplace, while paving the way for global expansion. This initiative aims to deepen the integration of industry, academia and research, injecting fresh momentum into technological innovation and industrial development.”Through this strategic partnership, Megaannum Group will leverage its integrated ecosystem to provide comprehensive support to the fund. The Group’s diversified portfolio encompasses Megaannum Capital, which focuses on private equity and venture capital investments; Megaannum Asset Management, which provides institutional and wealth asset management services; Megaannum Technology, which offers technology infrastructure and commercialisation support; and Megaannum AI Solutions, which specialises in proprietary artificial intelligence and algorithmic capabilities. By synergising its core strengths in “capital + resources + technology”, the Megaannum Group aligns its capabilities with the fund’s investment strategy to deliver holistic value to portfolio companies, with a support structure that combines capital injection, industry resources, technological empowerment and commercialisation support designed to strengthen market expansion and operational capabilities. Ultimately, this partnership aims to accelerate the commercialisation of technological achievements and support innovative enterprises in achieving high-quality, scalable growth.Megaannum Capital LimitedMegaannum Capital Limited specialises in growth-stage and pre-IPO investments within the technology sector. Deeply embedded in China’s industrial and technology ecosystems, the firm leverages a robust capital network across the Middle East, Southeast Asia and other emerging markets to drive cross-border value creation.Megaannum Group is an integrated financial technology group that synergises capital, technology and artificial intelligence. As the holding company of Megaannum Capital, the Group serves as a vital bridge connecting institutional capital with high-quality technological assets, industrial resources and cross-border growth opportunities. Through a unique combination of professional investment strategies, proprietary AI systems, and customized solutions, Megaannum Group is dedicated to creating long-term, sustainable value for its clients and partners. The Group’s ecosystem comprises four core business segments — Megaannum Capital, Megaannum Asset Management, Megaannum Technology and Megaannum AI Solutions — covering private equity, asset management, technological innovation and artificial intelligence applications. By leveraging deep synergies across the pillars, the Group promotes technological innovation, industrial upgrading and sustainable development.Beijing Zhongke Xianxing Venture Capital Management Co., Ltd.Beijing Zhongke Xianxing Venture Capital Management Co., Ltd. is a hard-tech industry operation and investment platform jointly initiated by leading Chinese research institutes and professional investors. Focusing on the commercialisation of technological achievements from the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences and affiliated institutes, it has developed a “1+3+N” model. With a mission to serve technological innovation and generate capital appreciation, it provides entrepreneurs with industry planning and investment empowerment, integrates high-quality projects and upstream and downstream resources for partners, and builds an influential ecosystem for industrial investment and financing services. In coordinating resources across CAS institutes, Zhongke Xianxing Venture Capital has advanced fund cooperation with the University of Chinese Academy of Sciences and the Aerospace Information Research Institute. It has also received honours including a place among the Top 10 University and Research Institution Investment Organisations in the “Foresight 2026” rankings and recognition as the University of Electronic Science and Technology of China’s Most Influential Alumni Venture Capital Institution. The Chinese Academy of Sciences is China’s highest academic institution in science and technology, a national science and technology think tank and a strategic national force in basic science research and integrated high-tech research. Established in 1949, the Chinese Academy of Sciences operates as a public institution directly under the State Council.Media EnquiriesStrategic Financial Relations LimitedMandy Go / Vivienne Leung / Iris Au YeungTel: +852 2864 4812 / 2864 4862 / 2114 4913Email: sprg.megaannum@sprg.com.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com