Concord New Energy Announces 2026 Interim Results: Strategic Transformation Begins to Deliver Results, Firmly Advancing Business Globalization

EQS via SeaPRwire.com / 28/08/2026 / 12:07 UTC+8 (27 August 2026, Hong Kong) Concord New Energy Group Limited (“CNE” or "the Group", Stock Code: 0182.HK, SEG.SG) announced its interim results for the six months ended 30 June 2026 (the "Period"). During the Period, the Group advanced its project development, achieved notable progress in commercial development cooperation across China, successfully commissioned solar power projects in Singapore and New Zealand, and launched post-investment management for its first renewable energy private fund—marking a milestone in the Group’s evolution into a dual role of “operator + professional asset manager”. Asset optimization progressed steadily, while administrative expenses and financing costs declined further. However, due to a combination of adverse factors—including intensified wind and solar curtailment in China, suboptimal resource conditions during the first half of the year, declining electricity prices, and the phase-out of tax incentives—profit attributable to equity holders of the Group decreased year-on-year. During the Period, the Group achieved revenue of RMB1,258 million, representing a decrease of 10.2% compared to the corresponding period last year. Profit attributable to equity holders of the Company amounted to RMB101 million, with basic earnings per share of RMB1.29 cents. Despite the revenue decline, the Group's cash flow remained robust, with operating cash flow reaching RMB1,306 million, representing a year-on-year increase of approximately 25.5%. As of 30 June 2026, the Group's cash and bank balances increased to RMB1,988 million, representing a significant increase of 54%. In the first half of 2026, the Group seized power demand opportunities arising from surging global AI investment, establishing a presence in AI data center (AIDC) development and related integrated energy solutions in the United States, Southeast Asia, and Eastern Europe. Through customized clean power solutions, the Group is advancing the integration of renewable energy and storage projects into AIDC infrastructure, and its innovative AIDC energy solutions business is gradually maturing. At the same time, the Group is actively pursuing long-term power purchase agreements (PPAs) for renewable energy projects in mature markets where electricity demand is expanding rapidly and appetite for green power is strong, thereby enhancing the projects' earnings certainty and improving project bankability. The Group also accelerated the conversion of its pipeline projects in China into tangible outcomes. During the Period, it signed commercial development agreements covering an aggregate capacity of 1,070 MW, while grid connection and pre-construction preparations for several other projects are progressing in an orderly manner. During the Period, the Group continued to optimize its asset portfolio. The renewable energy private equity fund established by the Group in partnership with Taikang Insurance completed its first acquisition, comprising wind power assets with an aggregate capacity of 401 MW. The fund has formally entered the post-investment management phase, marking a milestone in the Group's transformation toward a dual role as both an operator and a professional asset manager. Meanwhile, the Group also completed the divestment of a 70 MW solar PV project to a third party. During the Period, the attributable installed capacity of operational projects transferred to the renewable energy private fund and other divested assets totaled 351 MW. As of 30 June 2026, the Group's attributable installed capacity of wind and solar PV power plants amounted to 4,586 MW, of which grid-parity projects accounted for 3,324 MW, representing 72.5% of the total attributable installed capacity. Facing challenges in the industry operating environment, the Group continued to strengthen its safety management system. During the Period, no general or major safety incidents occurred, and power plant operations remained safe and stable. The Group continued to improve the operational performance of its power plants. During the Period, 12 of the Group's power plants ranked in the top 20% of the China Electricity Council's 2025 operational benchmarking assessment for wind and solar PV facilities, including four sites awarded a 5A rating. In terms of electricity marketing, the Group closely tracked and studied evolving power sector policies and trading rules, and developed software modules leveraging AI and proprietary algorithms to enable automated trading, price spread forecasting, and cross-departmental data collaboration, thereby enhancing the electricity marketing business. Capitalizing on these professional trading capabilities, the Group's operating power plants achieved settlement tariffs above the market average in most provincial power markets. During the Period, the Group completed green electricity transactions totaling 660 million kWh, representing an increase of 27% year-on-year. Concurrently, newly signed green certificate sales contracts reached RMB16.3 million, surging 92% compared to the same period last year. During the Period, the Group continued to deepen partnerships with multiple global financial institutions. Capitalizing on favorable domestic market conditions, the Group refinanced and optimized existing debt across multiple channels, reducing its comprehensive financing rate by a further 8 basis points from the end of 2025 to 3.43%, falling below China's 5-year-plus Loan Prime Rate (LPR) of 3.50% for the first time. The Group achieved financial close for its solar PV projects in South Korea and New Zealand, while project financing for solar PV and BESS projects in the United States and Singapore is progressing on schedule. Mr. Liu Shunxing, Chairman of Concord New Energy Group Limited, commented: "Amid profound shifts in the new energy industry, the Group has remained steadfast in advancing its strategic transformation in recent years, achieving tangible progress in global business expansion, asset portfolio optimization, operational efficiency enhancement, and cost reduction. We will actively capitalize on the historic opportunities arising from the rapid advancement of AI, positioning AIDC development and integrated energy solutions as a primary focus of our transformation, and driving the iterative upgrade of our overall business. Looking ahead, the Group will continue to execute its established strategy, uphold prudent operations, disciplined investment, and a quality-first approach, steadily advance globalization, deepen asset optimization, and vigorously expand our professional services while strengthening power marketing capabilities to drive revenue growth. We remain committed to delivering stable and sustainable long-term returns to our shareholders." 28/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Trio Group (1710.HK) Announces 2026 Interim Results with Revenue at approximately HK$337.5 million; Unveils “Stations as Media, Media Empowers Energy” Core Strategy

EQS via SeaPRwire.com / 27/08/2026 / 22:06 UTC+8 【For Immediate release】 Trio Industrial Electronics Group Limited (Stock Code: 1710.HK) Announces 2026 Interim Results* * * Recorded Revenue at approximately HK$337.5 million andProposed Interim Dividend of HK0.8 cent per share Unveils “Stations as Media, Media Empowers Energy” Core Strategy to Transform Traditional Charging Stations into High-value Smart Interactive Hubs (Hong Kong – 27 August 2026) Trio Industrial Electronics Group Limited (“Trio Industrial” or the Company, together with its subsidiaries (the “Group”); stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, today announced the interim results for the six months ended 30 June 2026 (the “Period”). During the Period, the Group continued to pursue its dual-drive development strategy, anchored by the solid foundation and operational stability of its electronics manufacturing services (“EMS”) business, while accelerating the development of its new energy business as an emerging growth engine. The Group’s principal markets in Europe and North America continued to be affected by a challenging operating environment, including persistent high interest rates, geopolitical tensions and uncertainties surrounding US tariff policies. Many customers maintained a cautious procurement approach, focusing on inventory management and adjusting their purchasing strategies. Against this backdrop, the Group recorded revenue of approximately HK$337.5 million for the Period. Gross profit was approximately HK$64.7 million, while gross profit margin increased by 0.4 percentage points year on year to 19.2%. This reflected the Group’s continued focus on higher-value projects, product mix optimisation and disciplined cost management. The Group recorded a loss attributable to owners of the Company of approximately HK$20.5 million for the Period, mainly attributable to the decrease in revenue during the Period. EMS Business: Building Resilience and Creating Higher Value In response to evolving market conditions, the Group continued to strengthen the resilience and long-term competitiveness of its EMS operations. Through its joint design manufacturing (“JDM”) model, the Group is focusing on higher-value projects and deeper customer engagement. By participating earlier in customers’ product design and development processes, the Group seeks to strengthen customer relationships, enhance product value and improve its margin potential. The Group also continued to optimise its global manufacturing footprint to enhance supply chain flexibility and better serve customers in different regions. Its production facilities in Thailand and the United Kingdom serve as strategic export bases for the US, European and Southeast Asian markets, providing greater flexibility in responding to geopolitical developments and tariff barriers. Together with the Group’s principal manufacturing base in the PRC and its presence in Germany and the US, this global network enhances production flexibility, strengthens supply chain security and improves the Group’s ability to respond to changing global trade dynamics. New Energy Business: Expanding the Value of Charging Sites Alongside the optimisation of its EMS operations, the Group continued to advance its new energy business. Against the backdrop of the global green transition, artificial intelligence and the digital economy, the Group has unveiled its core strategy: “Stations as Media, Media Empowers Energy”. Under this strategy, the Group is transforming traditional charging stations from standalone energy facilities into high-value smart interactive hubs that integrate energy services, digital media, smart mobility and lifestyle-related services. The Group’s strategic business scope includes: Smart electric vehicle charging solutions Integrated photovoltaic and energy storage systems High-precision intelligent power management systems Smart charging network infrastructure, plus the deployment and operation of smart advertising screens across Central Asia and Southeast Asia Through this integrated approach, the Group aims to build a new business platform combining energy, transportation and media across Central Asia and Southeast Asia. The strategy is intended to create multiple value and revenue opportunities around each site, while improving the commercial attractiveness and scalability of the Group’s new energy network. In Kazakhstan, the Group has introduced an integrated outdoor digital advertising operation built on its charging station business, creating a distinctive “New Energy + New Media” model. Earlier this year, the Group launched the Solar Power Generation and Energy Storage Project in Shymkent, Kazakhstan. The project integrates solar power generation, energy storage, Deltrix electric vehicle charging infrastructure and multimedia advertising, forming a comprehensive new energy ecosystem designed to support a greener and smarter future in Central Asia. In addition to providing electric vehicle charging services, the sites form part of a broader ecosystem that combines energy services, digital media and automated car-wash facilities. The integrated advertising platform also supports Chinese enterprises seeking to expand into Central Asia, while strengthening the Group’s position in the regional outdoor media market. The Group has also partnered with Helios LLP (“Helios”), one of Kazakhstan’s largest refined oil enterprises and gas station operators. Helios operates approximately 255 on-site convenience stores across around 61 locations. The two parties have commenced advertising operations at Helios’s gas station venues and are jointly exploring additional offline advertising opportunities. Outlook The Group remains cautiously optimistic about the global economic outlook. Its healthy EMS order backlog indicates resilient underlying demand, supported by increased health awareness, ongoing digital transformation and the global transition towards new energy. The Group will continue to: Strengthen the execution of its sales and marketing activities and expand into higher-value projects and strategic customers; Invest in advanced technologies to improve production efficiency, product quality and service capabilities; Enhance the flexibility and resilience of its global manufacturing network; Focus on the Central Asian and Southeast Asian new energy markets under the core strategy “Stations as Media, Media Empowers Energy”, and expand businesses in photovoltaics, energy storage, charging, smart transportation, and digital media; and Promote the convergence of the “energy network, digital network, and transportation network” to establish a sustainable business ecosystem. Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Although the global economic environment remains challenging, we remain confident that the long-term trends of industrial electrification, sustainable energy and intelligent development remain intact. With more than four decades of industry experience, Trio Industrial has established a strong position as a trusted electronics manufacturing services partner. At the same time, we are steadily expanding our presence in the new energy sector, which represents a long-term growth opportunity aligned with global decarbonisation efforts, energy transition initiatives and the growing demand for sustainable energy solutions. Our “Stations as Media, Media Empowers Energy” core strategy is designed to redefine the value of traditional energy sites. We aim to transform each charging station into an intelligent node that connects energy services, transportation, consumers and brands. We are advancing the development of the ‘Greater Asia New Energy Business Circle’, integrating solar-integrated EV charging infrastructure, energy storage systems, Deltrix electric motorcycles, digital advertising platforms and intelligent service solutions across multiple regions. In addition to Kazakhstan, we plan to introduce smart charging network infrastructure, smart advertising screens and Deltrix electric motorcycles with related charging facilities in Uzbekistan, Thailand, Malaysia and other Southeast Asian markets. We will remain focused on identifying and capturing emerging opportunities in the new energy sector. By sharpening our go-to-market strategies and investing in priority growth areas, we aim to strengthen Trio Industrial’s market position, integrate the energy network, digital network and transportation network, unlock greater synergies and create long-term value for our shareholders.” - End - About Trio Industrial Electronics Group Limited (Stock Code: 1710.HK) Trio Group is a leading Hong Kong professional manufacturer of industrial electronic components and finished products. With over 40 years of industry expertise, the Group specialises in the R&D, production and global sales of high-quality power supply products, covering core sectors including energy conservation and medical electronics. As the first enterprise in Hong Kong’s electronics industry to attain the Industry 4.0 Maturity Level 1i certification, the Group centres its operations on smart manufacturing and technological innovation. It delivers efficient, reliable customised solutions to clients worldwide, maintains a strong presence across mainstream European and American markets, and has forged long-term strategic partnerships with numerous internationally renowned brands. Aligning with the global shift towards carbon neutrality and the prevailing ESG development trends, Trio Group has established its core strategy — "Stations as Media, Media Empowers Energy". Breaking down industrial barriers to enable cross-ecosystem collaboration, the Group leverages its proprietary brands Deltrix and Media to build a comprehensive footprint across the green energy sector. The Group is vigorously expanding into emerging markets in Central Asia and Southeast Asia. While rolling out photovoltaic energy storage systems and electric vehicle charging stations, it simultaneously deploys smart digital advertising screens. This integrated model creates symbiosis between charging stations and advertising network nodes: advertising revenue offsets the operation and maintenance costs of energy equipment, pioneering an innovative business model that merges offline traffic circulation with green energy services. Its core service portfolio includes: Smart EV charging solutions Integrated photovoltaic and energy storage systems High-precision intelligent power management systems Smart charging network infrastructure, plus the deployment and operation of smart advertising screens across Central Asia and Southeast Asia Looking ahead, the Group will continue to advance its core strategy, deepen green technology innovation, integrate industrial resources and refine its business model. It will actively engage in the global energy transition, uphold its vision of sustainable development, and build a globally interconnected green energy industrial ecosystem. This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited. For further information, please contact: DLK Advisory 金通策略 Email: pr@dlkadvisory.com Tel: +852 2857 7101 File: 1710_2026IR_press release_EN_20260827_FINAL 27/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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DPC Dash Ltd 2026 Interim Financial Results

EQS via SeaPRwire.com / 27/08/2026 / 13:29 UTC+8 DPC Dash Ltd announces 2026 Interim Financial Results 27/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Uni-Bio Science Group Announces 2026 Interim Results

EQS via SeaPRwire.com / 26/08/2026 / 19:43 UTC+8 Revenue Reached HK$ 273.8M, Driven by Solid Growth from Bogutai® Innovation-Driven Transformation Progresses with Portfolio Optimization and Broader Market Access (26 August 2026 – Hong Kong) A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its interim results for the six months ended 30 June 2026 (the “Period”). Key Accomplishments in the First Half of 2026 During the Period, the Group achieved a spectrum of accomplishments, for both of its marketed products and innovative biologics. The key highlights include: 1. During the Period, the Group’s revenue reached approximately HK$273.8 million, with net profit standing at approximately HK$31.2 million. Cash generation remained solid, with operating cash flow at approximately HK$11.4 million. Despite temporary earnings compression resulting from regulatory adjustments and front-loaded investments in R&D, commercialization, and international expansion, the Group demonstrated operational resilience by remaining profitable and financially strong. 2. As at 30 June 2026, total equity increased by 8.6% to approximately HK$448.7 million, reflecting a strengthened capital base. The debt-to-equity ratio improved to 34.9%, demonstrating active deleveraging and prudent capital stewardship. The Group remains in a net cash positive position, with a cash ratio well above 1, indicating that cash and cash equivalents significantly exceed near-term liabilities. This strong liquidity cushion enables the Group to comfortably absorb the temporary reduction in net profit during the Period without compromising its financial stability. Together, these strengths position the Group to support future R&D investment, commercialization initiatives, and international expansion. 3. Revenue of Bogutai® increased significantly by 39.3% year-on-year (“YoY”), driven by the ongoing market development and engagement with this innovative osteoporosis therapy within the medical community and among patients in China. As of the first quarter of 2026, Bogutai® ranked second in overall market share and first in the retail channel among teriparatide products in China. Its nationwide sales surpassing those of the originator brand, achieving these market positions within approximately two years of commercial launch. 4. During the Period, the Group officially commenced the commercial launch and market promotion of its high-end series, GeneQueens®, further enriching its portfolio in functional skincare and post-procedure medical aesthetics. The premium line incorporates a proprietary triple-protein complex (Fibronectin, Type III Collagen, and Type XVII Collagen), each formatted at a high concentration of 1,000 ppm to optimize cellular repair and anti-aging performance. This milestone demonstrates concrete progress in accelerating the commercialization of its synthetic biology platform. 5. The Group is advancing the development of its BMP-2 regenerative medicine program. Utilizing its proprietary ECO-KSFA® platform, the Group has successfully established a high-yield production process for BMP-2 API, a crucial growth factor in regenerative medicine widely applied in spinal fusion and bone defect reconstruction. During the Period, the Group completed pilot-scale manufacturing process for the BMP-2 drug substance and initiated development of a sustained-release gel formulation, laying a solid foundation for finalizing the product's clinical dosage form. 6. The next-generation generic antifungal drug, Isavuconazonium sulfate capsules, completed all supplementary studies required by the regulator and the Group is preparing to submit the corresponding documentation to the Center for Drug Evaluation (CDE) in the second half of 2026. To support future commercialization, the Group has commissioned a dedicated production line specifically designed for the product and established strategic partnerships with high-quality API suppliers to ensure reliable manufacturing capacity and supply for commercialization. Interim Results The first half of 2026 marked a strategic transition period for the Group, characterized by portfolio optimization alongside expanding channel and market access. Revenue during the Period was temporarily impacted by strategic volume-based procurement (VBP) pricing adjustments for Pinup® and, to a lesser extent, GeneTime®, coupled with the structural impact of latest biologics value-added tax (VAT) policies on net selling price. For the Period, the Group recorded revenue of approximately HK$273.8 million, representing a decrease of 11.7% YoY. Revenue of Bogutai® increased significantly from approximately HK$65.6 million to approximately HK$91.4 million, representing an increase of 39.3%. Revenue of Boshutai® increased by 50.8% from approximately HK$6.1 million to approximately HK$9.2 million. GeneTime® recorded a decrease of 12.3% in revenue from approximately HK$107.8 million to approximately HK$94.5 million. Sales volume of GeneTime® achieved high-single-digit YoY growth, reflecting continued strong underlying demand and the initial benefits of broader hospital access and prescription-base expansion. GeneSoft® recorded a 1.6% YoY increase in revenue from approximately HK$18.5 million to approximately HK$18.8 million. Pinup® recorded a decrease of 47.1% in revenue from approximately HK$108.9 million to approximately HK$57.6 million. With a limited number of product portfolio and the ongoing optimization of its marketing and distribution teams, revenue from 肌顏態® increased from approximately HK$1.3 million to approximately HK$2.2 million, representing a 69.2% YoY growth. Revenue contribution from the Group’s newly launched medical device product 金因敷® and 金因康® (Diquafosol Sodium Eye Drops) were immaterial during the Period. The Group is expanding its digital and social media presence to raise 金因敷® brand awareness, while advancing targeted non-public channel expansion to accelerate 金因康® uptake. Gross profit was approximately HK$222.7 million, representing a decrease of 12.4% as compared with approximately HK$254.1 million for the first half of 2025, whereas as gross profit margin remained stable at 81.3%. Profit for the Period decreased by 59.0% YoY to approximately HK$31.2 million. The decrease primarily reflected short-term profitability pressure during the Group's strategic transformation, including lower absolute gross profit resulting from pricing adjustments for certain core products and the VAT-related pricing impact, together with continued investment in commercialization, new product launches, pipeline development, and international expansion. The earnings per share were approximately HK$0.52 cents, compared with HK$1.27 cents in the first half of 2025. Prospects Through targeted commercial and R&D investments in the first half of 2026, the Group enters the second half well positioned to accelerate its business transformation. As generic therapies continue to yield ground to higher-margin biopharmaceuticals within the Group's portfolio, this evolving revenue mix is expected to deliver sustained margin expansion over the long term. With biopharmaceuticals recognized for the first time as an emerging pillar industry supported by the state, the Group is committed to growing its innovation capabilities and expanding its commercial reach to capture this growing market opportunity. Mr. Kingsley Leung, Chairman of Uni-Bio Science, commented, “The first half of 2026 presented a challenging operating environment, which we view as a transitional period toward a more diversified and all-round range of product offerings and promotional channels. During the period, we made significant progress in strengthening both the breadth and depth of our commercial platform while advancing a robust pipeline of innovative therapies. Our omni-channel strategy, spanning public hospitals, an expanding distributor network, retail pharmacy locations, and leading e-commerce platforms, continues to broaden patient access across China, including deeper penetration into Tier-3 and Tier-4 cities. At the same time, we are executing a disciplined, product-specific commercialization approach, tailoring our strategies to the distinct market dynamics of each of our eight core products. Beyond our domestic base, we are accelerating our global ambitions. We are advancing Bogutai®'s international expansion, together with our ongoing U.S. FDA submission, an important step toward establishing our first overseas commercialized therapy. Our pipeline continues to advance meaningfully, from our proprietary EGF/FGF compound gel for wound care to next-generation BFS-based GeneSoft® formulations and our BMP-2 regenerative therapy, all underpinned by our proprietary ECO-KSFA® synthetic biology and Biological Hydrogel technology platforms. These innovation engines position us to continue delivering differentiated, high-value therapies across pharmaceuticals, medical devices, and medical aesthetics. We remain confident that our integrated strategy, combining commercial excellence, global expansion, and platform-driven innovation, will create sustainable long-term value for our patients, partners, and shareholders.” About Uni-Bio Science Group Limited Uni-Bio Science Group Limited is an innovative biopharmaceutical enterprise listed on the Main Board of The Stock Exchange of Hong Kong Limited in 2001 (Stock Code: 00690.HK). The Group is committed to powering the advancement of regenerative medicine with next-generation synthetic biology and complex peptide innovation. Focusing on four core research areas—muscular-skeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration—the Group has built a diversified product pipeline encompassing innovative biologics, high-value generic drugs, and medical aesthetics. The Group operates GMP-compliant production bases in Beijing, Dongguan, and Shenzhen, with fully integrated capabilities spanning R&D, manufacturing, and commercial sales. Uni-Bio Science Group is dedicated to be the global leader in regenerative medicine, redefining how science restores and extends human life. For further information, please contact: ir@uni-bioscience.com 26/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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From FaceU to CapCut to AI Video: The Team Behind ByteDance’s Imaging Apps Bets on Flova

EQS via SeaPRwire.com / 26/08/2026 / 14:57 UTC+8 The team behind FaceU and products that helped shape ByteDance’s consumer imaging ecosystem is entering a new chapter in video creation. Founded by Guo Lie, creator of FaceU and former leader of ByteDance’s imaging business, Flova.ai has raised more than $80 million across two funding rounds, with backing from Sequoia Capital, IDG Capital and Yunji Capital. The company launched globally in October 2025 and is now building what it describes as an AI-native approach to video production. Before Flova, Guo founded FaceU, which was acquired by ByteDance for approximately $300 million in 2018. He later led ByteDance’s imaging business and was involved in the incubation and development of CapCut. With Flova, the team is turning its attention from consumer imaging to a broader question: what happens when AI stops being a generation tool and becomes part of the production team? AI Video Has Solved Generation. Production Remains the Problem. The past few years have seen rapid advances in AI video generation. Platforms including Runway, Pika, Kling and Sora have made it possible to generate increasingly sophisticated images and video from natural-language instructions. But generating individual clips is only one part of making a video. A real production requires a creator to manage scripts, characters, shots, references, assets, model selection, versions, revisions and editing—often across multiple tools. Flova takes a different approach. Available at Flova.ai, the web-based platform brings multiple leading image and video models into a single creative environment, while placing an AI Agent at the center of the production workflow. Rather than treating each generation as an isolated request, Flova is designed to understand the relationships between a project's script, shots, assets and timeline. That distinction becomes increasingly important as projects grow more complex. An Agent That Understands the Project, Not Just the Prompt A prompt describes a request. A project contains context. Characters have identities and relationships. Stories have continuity. Brands have visual rules. Assets have different versions. A change to one reference may affect multiple shots. Flova's Agent is designed to retain and work with this project-level context. Creators can upload long-form scripts, character profiles, world-building materials, brand guidelines and production requirements. Flova currently supports up to 100,000 Chinese characters in a single script upload, allowing creators to provide the Agent with an entire story while controlling which episode, scene or shot they want to produce. The Agent can then help transform that context into editable storyboards, organize and bind assets, prepare generation prompts, coordinate AI models, manage revisions and assemble rough timelines. The objective is not simply to build an AI assistant that can answer questions about a video. It is to create an Agent that can work with the structure of the project itself. From Prompt Templates to Creative Skills Flova's latest 1.0 release introduces another layer: Flova Skills. Professional creators can create Skills that capture their preferred workflows, prompting structures, visual standards, creative preferences and production methods. A Skill is designed to be more than a reusable prompt. It can encode a repeatable way of working that an Agent can apply to future projects. A filmmaker could build a Skill around a particular cinematic workflow. A commercial creator could capture a brand's visual production standards. An AI creator could turn a proven prompting and iteration process into a reusable creative system. Flova currently offers a video-focused Skill Hub with more than 100 professional Skills, while also building a community where experienced creators can share their methods with others. This creates a different relationship between expertise and AI: Models provide generation capabilities. Skills capture creative methodology. Agents execute the workflow. Creators remain responsible for creative judgment. A Multi-Model Production Environment Flova is also designed around a multi-model workflow rather than tying creators to a single generation model. Creators can access leading AI image and video models from within the same production environment, while Flova manages the surrounding project structure. This means creators can focus less on moving assets and prompts between different AI products and more on deciding which creative direction works. The company sees this as an important distinction between an AI video generator and an AI video production platform. The former answers: “Can AI generate this shot?” The latter needs to answer: “How does this shot fit into the project, what assets should it use, what happens when it changes, and how does the project move forward?” Flova is built around the second question. Making Professional Workflows More Accessible Flova's ambition is not to replace creative judgment. Creators still decide what the project should look like, which direction is right and which result is worth keeping. The Agent handles more of the operational work surrounding those decisions—from organizing context and preparing prompts to coordinating generations, managing assets, tracking versions and supporting revisions. For professional creators, this can reduce repetitive production work. For less experienced creators, Skills can provide access to workflows and methods that would otherwise take years to develop. The result is a different model of AI-assisted creation: The creator brings the vision. The Agent helps carry it through production. Building a Creative System That Learns Over Time Flova's longer-term vision extends beyond a single generation session. Approved characters, products, environments and references can be retained for future projects. Creative workflows can be turned into Skills. Project standards can be updated and reused. Previous versions can remain available rather than being overwritten. Over time, the production system becomes more valuable because it accumulates the creator's assets, methods and decisions. This is the foundation of Flova's approach to Agent-Native Video Production: moving AI video from a sequence of disconnected generations toward a continuous production environment where context, creative methods and project knowledge can be reused. The Next Chapter for AI Video The first wave of generative AI made it possible to create individual images and clips with increasingly simple instructions. Flova is betting that the next wave will focus on something broader: making the production process itself AI-native. That means moving beyond asking AI to generate a shot and toward giving an Agent enough context, tools and creative methodology to help move an entire project forward. For the team that previously helped bring FaceU and ByteDance's imaging products to hundreds of millions of users, Flova represents a new chapter in the same long-running question: How can technology make sophisticated visual creation accessible to more people? This time, the answer may not be another camera, editor or generation model. It may be an Agent that works alongside the creator. About Flova Flova.ai is an AI-native video creation platform focused on Agent-driven production workflows. Launched globally in October 2025, Flova combines leading AI image and video models with project memory, contextual understanding, intelligent asset management, timeline workflows and reusable Skills. Flova was founded by Guo Lie, creator of FaceU and former leader of ByteDance's imaging business. FaceU was acquired by ByteDance for approximately $300 million in 2018. Guo was subsequently involved in the incubation of products including CapCut, Hypic and BeautyCam. Flova has raised more than $80 million across two funding rounds, backed by Sequoia Capital, IDG Capital and Sky9 Capital. Email: contact@flova.ai Website: www.flova.ai 26/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Newborn Town Posts Strong 2026 Interim Results: Revenue Up 37%, Profit Attributable to Equity Shareholders Up 45.8%

EQS via SeaPRwire.com / 25/08/2026 / 20:20 UTC+8 [Hong Kong – 25 August 2026] Newborn Town Inc., a leading global social entertainment company (Newborn Town or the company, stock code: 09911.HK), released its interim results for the first half of 2026. For the six months ended 30 June 2026, the company recorded total revenue of US$607 million, representing a year-on-year increase of approximately 37.0%. Profit attributable to equity shareholders of the Company reached approximately US$99 million, up approximately 45.8% year-on-year, while adjusted EBITDA amounted to approximately US$111 million, representing year-on-year growth of 23.6%. According to the announcement, the first half of 2026 marked a critical phase in the deeper execution of the Company’s global strategy. During the period, Newborn Town maintained strong growth momentum, with a more diversified, multi-market growth profile taking shape at an accelerated pace. As its core products gained traction across multiple new markets, AI capabilities continued to deepen, and innovative business delivered steady growth, the Company saw continued improvements in revenue scale, profitability and overall operating quality, further strengthening its long-term growth momentum. Global Expansion and Deeper AI Integration Drive Continued Growth in Social Networking Business In the first half of 2026, the company’s social networking business maintained robust growth, with revenue reached US$539 million, representing a year-on-year increase of 36.5%. Against the continued expansion of the global social entertainment market, Newborn Town further unlocked the value of its social networking business through its global footprint and the deeper integration of AI across the full business value chain. In the first half of the year, the company has been deepening its “Product Replication + Market Replication” strategy, making significant progress in its global expansion. Leveraging its deep localization capabilities, Newborn Town further consolidated its leading position in core markets including MENA and Southeast Asia. Meanwhile, its flagship products further strengthened their competitiveness in emerging markets such as Latin America and continued to make inroads into high-potential markets across East Asia, Europe and North America, further broadening the company’s global footprint. The gaming-oriented socialnetworkingplatform TopTop continued to deepen its presence in high-value markets, with revenue growing by approximately 30% year on year. While further consolidating its position in MENA, TopTop also made progress across a number of new markets. In East Asia, the platform repeatedly ranked among the top 10 free iOS casual games in Japan and South Korea. In Europe and North America, TopTop continued to refine its product in response to local user needs, build market awareness and cultivate local communities, delivering encouraging progress. The live-streaming platform MICO and voice-based social networking platform YoHo continued to maintain leading positions in their respective segments. MICO consistently ranked among the top-grossing social apps on iOS in markets including Saudi Arabia, the UAE and Thailand, while YoHo remained among the top 10 highest-grossing iOS social apps in core MENA markets such as Oman and the UAE. Both platforms maintained strong competitiveness across established markets while continuing to enhance localized operations and enrich their content ecosystems. The company’s diverse-audience social networking business also maintained steady growth. HeeSay, its global community platform for LGBTQ+ individuals, continued to strengthen its presence in Southeast Asia, consistently ranking among the top 10 highest-grossing iOS social apps across multiple markets in the region. Earlier this year, HeeSay hosted its annual gala in Thailand and launched the interview series ‘He So Glam’. Through ongoing enhancements to community engagement and a richer content ecosystem, HeeSay continued to expand its global brand influence. Innovative Business Posts Strong Growth as AI Drives Short-Drama Expansion In the first half of the year, the company’s innovative business recorded revenue of approximately US$68 million, representing a year-on-year increase of 41.2%. Notably, growth in the AI-powered short drama business provided an additional contribution to the segment’s revenue. According to market research firm Omdia, global short drama revenue is expected to reach US$14 billion by the end of 2026. Playlet, Newborn Town’s short-form drama app, is strategically positioned in high‑spending markets such as the United States, Japan and South Korea, producing titles at scale that are tailored to local tastes. In the first half, deeper application of AI further expanded content production capacity and creative possibilities, improving per-title launch efficiency by more than 60% and providing strong support for global expansion. According to Diandian Data, Playlet ranked No. 1 among free iOS entertainment apps in Japan in early July. The company’s quality games business also maintained solid momentum, with flagship titles sustaining long-term operations and generating sustained returns. Meanwhile, as the team accumulated further experience across R&D and operations, its ability to develop new titles continued to strengthen. In the first half of the year, three new games made solid progress in commercialization and began to demonstrate potential for further scale. The social e-commerce business continued to deepen its presence in the health services sector, further strengthening its professional capabilities and competitive barriers. Recently, joint research by Heer Health and Tsinghua University was accepted for presentation at the 26th International AIDS Conference. Meanwhile, Heer Health Internet Hospital was included in the “AIDS Prevention” WeChat Mini Program operated by the National Center for AIDS/STD Control and Prevention under the Chinese Center for Disease Control and Prevention. AI Drives Efficiency Across the Value Chain as Application Ecosystem Expands Newborn Town continued to deepen its AI deployment. In the first half, AI gaming community Aippy recorded rapid growth, with global downloads exceeding 4 million to date. Daily active users (DAU) increased by approximately sixfold from the beginning of the year, while user retention remained among the strongest in the industry. The Company also expanded into AI-agent payments with NUSD Pay, broadening the range of AI use cases in its portfolio. Meanwhile, the Company also continued to invest across the AI ecosystem, backing projects in areas including world models and AI-native game engines, as well as AI interactive games and AI advertising and marketing, further enriching its AI application ecosystem. In the first half, the Company continued to deepen the use of AI across key areas including product R&D, social recommendation systems, intelligent operations, safety and risk management, and marketing and user acquisition, supporting ongoing business growth. In marketing and user acquisition, the Company’s intelligent creative production platform Cube and intelligent advertising platform Miaomiao worked in close coordination to build an efficient, end-to-end AI-powered workflow — from identifying high-performing creatives and producing ad assets to bid optimization and campaign management — significantly improving advertising efficiency. On the product operations front, the Company’s intelligent data platform Siyu AI continued to enhance its analytical capabilities, reducing processing time for certain complex analytical tasks from days to minutes. Meanwhile, intelligent design platform KIVI continued to expand its design capabilities, further improving the efficiency of producing virtual gifts and UI assets while supporting a broader range of in-app campaigns. The company also continued to deliver on its commitment to shareholder returns. As of 30 July, Newborn Town had completed three rounds of cancellations of repurchased shares during the year, cancelling a total of approximately 12.87 million shares, with aggregate repurchase consideration exceeding HK$108 million. The cancellations helped lift earnings per share (EPS) and further bolster market confidence alongside the Company’s improving profitability. About Newborn Town Newborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional value worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company. For enquiries, please contact DLK Advisory pr@dlkadvisory.com 25/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Activation Group (9919.HK) Announces 2026 Interim Results with Revenue of approx. RMB 287 million; Client Portfolio Diversification Achieves Substantial Breakthrough; Healthy Cash Flow Position

EQS via SeaPRwire.com / 24/08/2026 / 17:54 UTC+8 【Immediate Release】 - 24 August 2026 Activation Group Holdings Limited (Stock code: 9919.HK) Announces 2026 Interim Results with Revenue of approx. RMB 287 million Client Portfolio Diversification Achieves Substantial Breakthrough; Healthy Cash Flow Position; Maintains Track Record of Consecutive Dividend Payouts since Listing (24 August 2026 – Hong Kong) Activation Group Holdings Limited (“Activation Group” or the “Company”, together with its subsidiaries, the “Group”; stock code: 9919.HK), a leading marketing group for pan-fashion brands in Greater China, is pleased to announce its interim results for the six months ended 30 June 2026 (the “Period” or “1H2026”). Leveraging its resilient business model and longstanding, deep-rooted relationships with leading global brands, the Group further strengthened its industry-leading position during the Period. The Group remained the largest experiential marketing services provider for premium and luxury brands in Greater China. According to China Insights Industry Consultancy Limited, the Group’s market share reached 13.9% in 2025. Over the years, the Group has accumulated more than 550 world-renowned brand clients, including: (i) renowned premium fashion brands such as CARTIER, CHANEL, DIOR, LOUIS VUITTON, PRADA and VAN CLEEF & ARPELS; (ii) renowned premium automotive brands such as LAND ROVER and BMW; and (iii) premium sportswear such as ADIDAS, NIKE and NEW BALANCE; beauty & skincare brands such as LANCÔME, LA PRAIRIE and HR, providing each client with tailor-made, one-stop integrated marketing solutions. 2026 First-Half Results Highlights Against a backdrop of ongoing volatility in the macroeconomic and consumer markets, the Group’s business resilience was fully demonstrated, with its client base remaining highly stable. During the Period, the retention rate among the Group’s Top 25 clients reached 95%. The Group continued to maintain long-term and in-depth cooperation with leading international luxury brands, premium fashion, beauty & skincare brands, sportswear brands and premium Chinese brands, further demonstrating strong client stickiness and the irreplaceable value of its one-stop integrated marketing services. Supported by its robust client base, the Group’s financial performance improved progressively, while profit quality remained stable. In 1H2026, the Group recorded revenue of approximately RMB287 million, representing a year-on-year decrease of 8.1%; overall gross profit margin remained healthy at 32.0%; net profit was approximately RMB 25.18 million (1H2025: approximately RMB 35.14 million). The Group maintains a sound cash flow and financial structure. As of June 30, 2026, cash and cash equivalents amounted to approximately RMB298 million, remaining at the same level as the end of 2025. The Board has resolved to declare an interim dividend of HK1.8 cents per share, representing dividend payout ratio of approximately 50%. Since its listing in 2020, the Group has paid dividends for six consecutive years. The Group continues to return value to shareholders across market cycles while retaining sufficient financial resources to support business expansion. Building on its stable client base, the Group achieved a major breakthrough in optimising its client mix, with emerging sectors becoming key growth drivers. During the Period, revenue from the sportswear sector increased by more than 50% year-on-year, while revenue from the beauty & skincare sector increased significantly by more than 150% year-on-year. These results demonstrate the successful transformation and diversification of the Group’s business mix beyond its traditional categories. In terms of business segment, experiential marketing remained the Group’s core business, generating revenue of approximately RMB220 million during the Period, accounting for 76.9% of total revenue. Its gross profit margin was 31.4%, overall pricing power remained stable. The digital and communication business recorded revenue of approximately RMB65.31 million, representing 22.8% of total revenue, with a gross profit margin of 33.9%, down 5.2 percentage points from the same period in 2025, mainly due to intensified industry competition, client and project mix changes, and other factors. The Group is addressing these pressures through business portfolio optimisation, technology and AI‑driven efficiency enhancements. The IP business segment recorded revenue of approximately RMB 1.0 million, with a gross profit margin of 47.2%. Business Review Collaborating with Leading Brands to Deliver Flagship Projects and Amplify Interactions through Online and Offline Integration During the Period, the Group continued to work closely with leading international luxury and premium brands, delivering a number of exclusive experience marketing projects targeting high-value Very Important Clients (“VICs”). According to a Bain & Company industry report, the top 2% of VICs in the global luxury market contribute approximately 45% of industry sales. Demand for exclusive experience marketing among this client segment remained strong in the first half of 2026. In 1H2026, the Group’s representative projects included: the LOUIS VUITTON Mythica High Jewellery Exhibition and Gala Dinner, the DIOR Suzhou Villa dinner, MIU MIU “Tales and Tellers” event in Shanghai, the ROLEX exhibition opening ceremony and gala dinner, and a large-scale event for VAN CLEEF & ARPELS in Hong Kong. These projects covered a broad range of categories, including high jewellery, watches, leather goods and apparels. The Group’s one-stop online and offline marketing capabilities continued to be recognized. Taking the LOUIS VUITTON “Visionary Journeys” exhibition as an example, through a combination of immersive offline experiences and viral marketing on online social media platforms, data released by the Jing'an District People's Government of Shanghai showed that by the end of June 2026, the total number of online interactions exceeded 30 billion. This "offline experience × online viral marketing" model achieves multi-cycle dissemination of a single event, effectively amplifying the return on marketing investment. Client Mix Achieves Diversified Breakthrough, with Sportswear and Beauty & Skincare Categories Recording Rapid Growth A key development during the Period was the continued expansion of the Group’s client base into the sportswear, beauty & skincare sectors. The Group established or deepened cooperation with leading sportswear brands, including ADIDAS, NIKE, NEW BALANCE and DESCENTE. Revenue from this sector increased by more than 50% year-on-year. Beauty & skincare clients included international brands such as LANCÔME, LA PRAIRIE and HR. Revenue from this sector increased by more than 150% year-on-year. The expansion into these new categories enables the Group to participate in a wider range of consumer scenarios and creates greater synergies between its experiential marketing and digital marketing businesses. The Group’s ability to serve both established luxury brands and fast-growing sportswear, beauty & skincare brands reflects the flexibility and adaptability of its creative, content and execution capabilities. Enhanced Regional Service Capabilities with Revenue from Hong Kong, Macau and Singapore Increased by 209.9% The Group’s regional business covering Hong Kong and Singapore continued to develop during the Period, recording revenue of approximately RMB29.40 million, representing a year-on-year increase of 209.9%. Its contribution to total revenue increased from 3.0% in the same period last year to 10.2%. The Group established an office in Singapore in 2024 and has built its own local team to capture opportunities in emerging markets and replicate its successful Greater China experience. Hong Kong and Singapore provide the Group with platforms to serve international and Asia-Pacific brand clients, while enabling it to bring its experience in premium brand experience marketing and digital marketing to a broader range of markets. Management Strategy and Outlook As a marketing services provider, the Group’s revenue is directly affected by the marketing budgets of brand clients. Marketing budget recovery generally lags behind the recovery of end-consumer spending. As industry budgets gradually return to normal levels, the Group expects to capture opportunities arising from the industry recovery. Mr. Lau Kam Yiu, Steve, Joint-Chairman and Chief Executive Officer of Activation Group, commented, “The first half of 2026 demonstrated the resilience of our client relationships, while the adjustment of our business mix achieved encouraging progress. Our clients continued to choose Activation Group as their partner, and we successfully expanded into the emerging sportswear, beauty & skincare sectors, which offer significant growth opportunities. Our cooperation with brands including ADIDAS, NIKE, DESCENTE, LANCÔME and LA PRAIRIE demonstrates the adaptability of the Group’s integrated service solutions. Looking ahead, we will continue to integrate our online and offline service capabilities. On the one hand, we will deepen cooperation with clients and strengthen our market position in premium fashion experiential marketing. At the same time, we will expand our client base among sportswear, beauty & skincare brands and premium Chinese brands, while capturing business opportunities in overseas markets. We will strengthen cost control, remain committed to rewarding shareholders through cash dividends and strive to achieve sustainable long-term development.” – End – About Activation Group Holdings Limited Activation Group Holdings Limited (9919.HK) is a leading marketing Group for pan-fashion brands in Greater China, focusing on providing i) experiential marketing services, ii) digital and communication services, and iii) IP development in the Greater China region. The Group served more than 550 world-renowned branded clients, including (i) renowned premium fashion brands, (ii) renowned premium automotive brands; and (iii) premium sportswear, beauty & skincare brands. According to the information from China Insights Industry Consultancy Limited, the Group remains the number one experiential marketing service provider for premium and luxury brands in Greater China in 2025, with a market share of 13.9%. This press release is issued by DLK Advisory Limited on behalf of Activation Group Holdings Limited For further information, please contact: DLK Advisory 金通策略 Email: pr@dlkadvisory.com Tel: +852 2857 7101 File: Activation Group (9919.HK)_2026 Interim Results Press Release_EN_20260824_FINAL 24/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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A Portfolio of 19 Automotive MOSFETs Debuts: the World’s First 12-Inch Mass Production Cuts Per-Chip Cost by Up to 50%

EQS via SeaPRwire.com / 24/08/2026 / 17:23 UTC+8 (24 August, Shanghai) Power MOSFETs are the heart of every electrical device — home appliances, industrial motors, new energy vehicle electronic controls, AI data center power supplies. The new-generation T2X technology platform optimizes gate structure, doping profile, and termination design to sharply reduce on-resistance at the same chip area, while also improving dynamic parameters such as gate charge and gate-drain charge. The result is a simultaneous reduction in both conduction and switching losses, breaking the traditional constraint that low on-resistance requires a large die. Nexperia ranks No. 1 globally in small-signal MOSFETs and among the global top three in automotive power MOSFETs. Nexperia China's proprietary 12-inch SGT T2X automotive MOSFETs are industry-leading in conduction loss, thermal performance, surge withstand capability, and EMI characteristics, filling the gap in 12-inch automotive-grade high-voltage MOSFETs. The products entering mass production this time have completed a full set of standardized reliability verification, covering both automotive and industrial grades. According to industry information, the effective chip output of a single 12-inch wafer is about 5.7 times that of a 5-inch wafer, about 4 times that of a 6-inch wafer, and about 2.2 to 2.4 times that of an 8-inch wafer. In terms of per-chip cost, this means a reduction of about 70% compared with 5-inch, about 60% compared with 6-inch, and about 50% compared with 8-inch. The new-generation 40V products achieve an on-resistance as low as 0.48 milliohms, an improvement of more than 50% over the previous generation; the 80V platform reaches a minimum on-resistance of 1.3 milliohms, 45% lower than the previous generation. Device thermal resistance and avalanche energy lead the industry by about 20%, and 2,000-hour board-level temperature cycling reliability is likewise leading. Nexperia China has released a portfolio of 19 automotive MOSFET products in the 40–100V range, designed for body control, infotainment, battery reverse protection, and LED lighting. Automotive-grade 100V products achieve on-resistance as low as 0.99 mΩ and can handle safe currents above 460 A, suitable for OBCs, traction inverters, and BMS. The new-generation MOS products have entered the supply chains of leading domestic new energy vehicle customers, with mass production delivery in the second half of 2026. The entire series exceeds the AEC-Q101 standard, and failure rates for core devices in braking, chassis, steering, and battery protection are controlled at the parts-per-billion level. On product iteration: Nexperia's development cycle used to take 24 to 36 months; now it takes 6 to 12 months. The localization ratio of some core devices has been pushed from under 20% to nearly 100%. About Nexperia Semiconductors (China) Ltd.: As a frontrunner in the development and production of basic semiconductor devices, Nexperia Semiconductors (China) Ltd. (Anshi China) offers devices that are widely used in various applications such as automotive, industrial, mobile, and consumer electronics, supporting almost all basic functions of electronic design worldwide. Nexperia Semiconductors (China) Ltd. (Anshi China) provides products and services to customers globally, with these products becoming industry benchmarks in terms of efficiency (such as process, size, power, and performance) and gaining widespread recognition. Nexperia Semiconductors (China) Ltd. (Anshi China) boasts a rich IP product portfolio and a continuously expanding product range, and has obtained certifications under the IATF16949, ISO9001, ISO14001, and ISO45001 standards, fully demonstrating the company's firm commitment to innovation, efficiency, sustainable development, and meeting stringent industry requirements. Email: info@nexperia.com 24/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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CCX Group and MioTech Announce Strategic Merger to Establish ‘CCX-MioTech’

EQS via SeaPRwire.com / 24/08/2026 / 14:17 UTC+8 Creating Asia's Leading Professional ESG and Sustainable Development Services Platform Merger Launch Event and AI Product Debut to Be Held in Hong Kong on 1 September (HONG KONG, 24 August 2026) — CCX Group recently announced that it will merge its green finance and ESG business segment — centred on CCX Green Finance — with MioTech, Asia's leading sustainability technology services platform. The merged entity, "CCX-MioTech", will become a premier institution in Asia's ESG and sustainable development services sector, distinguished by its scale, comprehensive capability set, and strong overall competitiveness. It is committed to building a globally influential, integrated sustainability professional services and technology platform. The merger launch will be held in Hong Kong on 1 September 2026, under the theme "Igniting New Intelligence, Powering a Green Future" (誠啟新智,綠動未來). At the event, CCX-MioTech will formally introduce the rationale behind the strategic merger and its future development direction, and simultaneously unveil its new MCP (Model Context Protocol) service and an AI ESG report-writing agent. About the Strategic Merger CCX Green Finance is among the earliest professional institutions in China to provide third-party green finance services. It has long specialised in green finance assessment and certification, ESG ratings and advisory, data services, and carbon neutrality research — amassing deep expertise, a broad client base, and strong market credibility. MioTech, meanwhile, has consistently advanced the deep integration of AI, data, and software within sustainability contexts, and possesses a mature product suite and extensive practical experience in ESG data management, digital ESG management platforms, and sustainable supply chain management. This strategic merger goes far beyond a simple aggregation of the two parties' business scale; rather, it represents a systematic integration of professional methodologies, data resources, technology products, client services, and onshore and offshore market capabilities. Following the integration, CCX-MioTech will further consolidate its leading position in in its core areas of strength, such as ESG ratings and green finance assessment and certification. Simultaneously, it will build stronger overall competitiveness in ESG data, management advisory, digital platforms, sustainable supply chain management, and AI applications. It will establish an end-to-end sustainability service system spanning data, evaluation, advisory, management, and decision-making — delivering more professional, intelligent, and efficient integrated solutions to financial institutions, enterprises, and other market participants. AI Product Launch Event As a key outcome of the strategic integration, CCX-MioTech will introduce its new MCP service and AI ESG report-writing agent at the launch event, further pushing the boundaries of AI application within professional sustainability contexts. The MCP service connects the parties' years of accumulated ESG data, evaluation methodologies, and industry knowledge to clients' own AI assistants and business systems via standardized interfaces, enabling those data and professional capabilities to be accessed and utilized more conveniently and efficiently. The AI ESG report-writing agent, leveraging a company's existing ESG data, supporting materials, and applicable disclosure frameworks, supports workflows including data consolidation, report generation, compliance review, and professional translation. Through the MCP service and the agent, CCX-MioTech will further advance the deep integration of professional knowledge, trusted data, and artificial intelligence — accelerating the adoption of AI into the real-world operations and management scenarios of enterprises and financial institutions. Event Details Following the launch event, a networking cocktail reception will be held, providing an opportunity for guests from financial institutions, enterprises, professional service firms, and the sustainability community to connect and exchange views. • Date: 1 September 2026 (Tuesday) • Theme: Igniting New Intelligence, Powering a Green Future (誠啟新智,綠動未來) • Venue: Hong Kong Media Enquiries Jerry Lou Koala Sun Tel: +852 6096 4824 +852 5485 0090 Email: jerrylou@etoilesfin.com koalasun@etoilesfin.com 24/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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MG Ship Shares Supply Chain AI Transformation Insights at LogiSYM Malaysia 2026

EQS via SeaPRwire.com / 24/08/2026 / 08:00 UTC+8 Kuala Lumpur, Malaysia – August 24, 2026 – MG Ship (MGS), a leading Asian-born logistics technology company, concluded its participation as a distinguished guest speaker at LogiSYM Malaysia 2026, one of the region’s premier supply chain and logistics symposiums. Suki Cheung, CEO of MG Ship, delivered a keynote presentation titled “Connected Futures: AI Linking Global Supply Chains with Precision” followed by a Leadership Panel discussion examining how advanced artificial intelligence bridges operational silos and transforms global logistics through absolute precision and data connectivity. LogiSYM Malaysia 2026 was held on August 19–20, 2026 at the Malaysia International Trade and Exhibition Centre (MITEC) in Kuala Lumpur. The two-day symposium convened industry leaders, policymakers, and technology innovators to address critical mega-trends reshaping the logistics landscape, including geopolitics, trade dynamics, sustainability imperatives, and the accelerating adoption of AI in global supply chains. MG Ship’s presentation formed part of the CEO Panel: Logistics Service Providers session on Day 2, an interactive forum gathering industry heads to debate the radical redesign of last-mile delivery through automation and AI-driven supply chain insights, and the transformation from reactive to predictive operations. MG Ship’s participation alongside distinguished speakers, including Charles Brewer (Group CEO, Pos Malaysia Berhad), Brett Marshall (Editor in Chief, LogiSYM), and other industry luminaries, underscored the company’s thought leadership in supply chain AI transformation and its commitment to sharing actionable insights with the global logistics community. Born in Asia and backed by several reputable international R&D centres, MG Ship has rapidly emerged as a logistics technology leader transforming global supply chains through predictive intelligence, real-time visibility, and data-driven trade insights. The company’s AI-driven platform is built on four core pillars: - End-to-end visibility across 220+ countries, with more than 1,000 carrier integrations supporting both in-store and e-commerce operations. - Predictive AI analytics to forecast delays and monitor carrier performance. - Strategic market insights to support sourcing, expansion, and promotional planning. - Capital efficiency tools to support in-transit inventory financing and liquidity management. MGS team believes technology is not only infrastructure but also the connector of global talent. MG Ship enables seamless collaboration across regions, empowering teams to act as one unified force in shaping supply chain excellence. To learn more or apply, visit www.mglobalship.com or contact enquiry@mglobalship.com. MG Ship – Track. Analyse. Turn Insight into Action. About MG Ship MG Ship is a logistics technology leader transforming global supply chains through predictive intelligence, real-time visibility and data-driven trade insights. By combining deep industry expertise with advanced AI, MG Ship helps businesses navigate complex cross-border trade environments, strengthen trade finance decision-making, manage risk more effectively, and unlock greater value across global logistics and capital market ecosystems. Media Contact: Heidi Chong Email: heidi.chong@mglobalship.com Website: www.mglobalship.com 24/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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En【Press Release】Sinopec FY2026 Interim Results

EQS via SeaPRwire.com / 23/08/2026 / 20:01 UTC+8 Press release (For immediate release) Sinopec Achieves Solid Operating Results in the First Half of 2026 (23 August 2026, Beijing, China) China Petroleum & Chemical Corporation (the "Company") (HKEX: 386; SSE: 600028) today announced its interim results for the six months ended 30 June 2026. Financial Highlights In accordance with IFRS, the Company’s total revenue for the first half of 2026 reached RMB 1.44 trillion, up by 2.0% year-on-year. Profit attributable to shareholders of the Company was RMB 26.567 billion, up by 11.9% year-on-year; basic earnings per share were RMB 0.220, up by 12.2% year-on-year. In accordance with CASs, the Company’s net profit attributable to shareholders of the Company was RMB 25.627 billion, up by 19.3% year-on-year; basic earnings per share were RMB 0.212, up by 19.8% year-on-year. Net cash flow from operating activities for the first half of 2026 reached RMB 62.499 billion, up by 2.4% year-on-year The Board of Directors has resolved to distribute an interim cash dividend of RMB 0.105 per share (tax inclusive) in accordance with the upper limited of the interim dividend payout ratio stipulated in the “Articles of Association”. In accordance with CASs, the interim dividend payout ratio amounted to 49.5%. Moreover, the Company commenced a new round of share repurchases to safeguard corporate value and shareholders’ interests. The Company effectively navigated severe challenges, demonstrating strong resilience in its businesses. Oil and gas output in the first half reached approximately 263 million barrels of oil equivalent, up by 0.3% year-on-year. Natural gas production reached approximately 741.6 billion cubic feet, up by 0.7% year-on-year; refinery throughput was 113 million tonnes; total refined oil products sales reached 101 million tonnes; ethylene production was 6.394 million tonnes. Business Review In the first half of 2026, China’s economy maintained stable growth, showing a trend of shifting momentum towards new drivers and an improved structure. GDP grew by 4.7% year on year. Affected by geopolitical conflicts in the Middle East, international crude oil prices experienced wild fluctuations, with a rapid surge at the end of the first quarter and a significant decline after fluctuations at a high level in the second quarter. The average spot price of Platts Brent was USD92.6 per barrel, up by 29.1% year on year. According to the Company’s statistics, domestic natural gas demand growth slowed, with consumption up by 1.6% year on year. Due to the dampening effect of high oil prices on demand and accelerated substitution by new energy, domestic refined oil products consumption declined by 8.6% year on year, among which gasoline decreased by 7.9%, diesel decreased by 11.5%, while jet fuel (kerosene) rose by 1.3% driven by holiday travel and the recovery of international routes. Domestic demand for major chemical products was weak, with ethylene equivalent consumption down by 9.9% year on year. In the first half of the year, with focus on driving high-quality development through the initiative of a second entrepreneurial journey, the Company closely monitored market changes, dynamically adjusted production and operation plans, and effectively navigated impacts and multifaceted challenges far beyond expectations, demonstrating strong resilience in its businesses. Exploration and Production In the first half of 2026, the Company seized the opportunity of high oil prices, intensified efforts in high-quality exploration and profitable development to increase reserves and production, achieving a record high in domestic oil and gas equivalent output for the same period. In exploration, the Company actively acquired high-quality mining rights and stepped up natural gas exploration, making significant breakthroughs in shale oil in the Bohai Bay Basin, tight gas in the Sichuan Basin, and offshore natural gas exploration, while effectively proving shale gas in Ziyang and coalbed methane in Yulin-Ordos. In development, we accelerated the construction of crude oil production capacity in Jiyang and Tahe, as well as natural gas production capacity in offshore areas and the Western Sichuan marine facies. We also optimised the natural gas resource pool structure in promptly response to changing market conditions and accelerated the precise development of high-end and high value-added natural gas markets. The profitability of the entire natural gas industry chain reached a record high for the same period. In the first half of the year, the Company’s oil and gas equivalent production reached 263.47 million barrels, up by 0.3% year on year, among which domestic crude oil totalled 127.68 million barrels, up by 0.7%, and natural gas production amounted to 741.570 billion cubic feet, up by 0.7%. In the first half of 2026, the operating revenues of the segment were RMB154.6 billion, representing an increase of 6.9% year on year. This change was mainly due to the rise in international crude oil prices. The segment seized the opportunity of rising oil and gas prices, continued to enhance exploration and development efforts, further promoted reserves and production growth, and enhanced the profitability of the whole natural gas industrial chain, thereby achieving an operating profit of RMB28.7 billion, representing an increase of RMB5.1 billion or 21.5% year on year. Exploration and Production: Summary of Operations Six-month periods ended 30 June Change (%) 2026 2025 Oil and gas production (mmboe) 263.47 262.81 0.3 Crude oil production (mmbbls) 139.88 140.04 (0.1) China 127.68 126.73 0.7 Overseas 12.20 13.31 (8.3) Natural gas production (bcf) 741.57 736.28 0.7 Refining In the first half of 2026, the Company actively responded to challenges posed by geopolitical conflicts in the Middle East and drastic fluctuations in international oil prices. By integrating trade, storage, transportation, and production, we ensured stable operations across the value chain. The Company advanced diversified crude oil procurement and promptly optimised resource allocation. Based on changes in crude oil prices, we made timely assessments of marginal benefits, optimised unit utilization rates, and flexibly adjusted product mix. We continued with the “refined oil products to chemical feedstock” and “refined oil products to refining specialties” strategies, increasing the output of high-end carbon materials and other high-end products. By coordinating both domestic and international markets, the Company effectively managed exports of refined oil products to enhance the profitability of the industry chain. During the first half of the year, the Company processed 113 million tonnes of crude oil and produced 69.16 million tonnes of refined oil products. In the first half of 2026, the operating revenues of the segment were RMB702.2 billion, representing an increase of 6.7% year on year. This change was mainly due to the year on year rise in prices of major products such as refined oil products. The segment actively responded to the impact of geopolitical conflicts in the Middle East by increasing crude oil procurement from non-Middle Eastern sources, closely following the market to adjust procurement pace, optimising product mix based on product profitability, and continuing to enhance integrated synergy and profitability. As a result, the segment realised an operating profit of RMB17.0 billion, representing an increase of RMB13.5 billion or 381.5% year on year. Refining: Summary of Operations Six-month periods ended 30 June Change (%) 2026 2025 Refinery throughput (million tonnes) 113.31 119.97 (5.6) Gasoline, diesel and kerosene production (million tonnes) 69.16 71.40 (3.1) Gasoline (million tonnes) 30.17 30.79 (2.0) Diesel (million tonnes) 23.46 24.27 (3.3) Kerosene (million tonnes) 15.53 16.33 (4.9) Light chemical feedstock production (million tonnes) 18.71 22.06 (15.2) Note: Includes 100% of the production of domestic joint ventures. Marketing and Distribution In the first half of 2026, facing tough challenges of dampened oil products demand due to high oil prices and accelerating new energy substitution, the Company adhered to a market-oriented and customercentric approach. We fully leveraged our integrated advantages, and continuously optimized resource allocation and marketing services. The sales proportion of high-grade gasoline continued to grow, and the domestic market share of refined oil products remained stable. By utilizing our network strengths, we promoted the development of diversified business formats, and achieved significant year-on-year growth in charging volume, automotive LNG sales volume, and hydrogen refueling volume. We accelerated the profitable development of “vehicle ecosystem” network and “home lifestyle” model, expanded comprehensive service scenarios, and enhanced the quality and efficiency of Easy Joy service. In the first half of the year, total refined oil products sales reached 100.99 million tonnes, with 79 million tonnes sold domestically In the first half of 2026, the operating revenues of this segment were RMB741.3 billion, representing a decrease of 1.5% year on year. This change was mainly due to the decline in refined oil product sales volume resulting from the dampening effect of high oil products on refined oil consumption and accelerated new energy substitution. The segment continued to strengthen its marketing efforts and actively expanded businesses such as automotive natural gas and EV charging and battery swapping. However, affected by the dampening effect of high oil prices on refined oil consumption and accelerated domestic new energy substitution, the segment realised an operating profit of RMB5.7 billion, representing a decrease of RMB2.3 billion or 28.6% year on year. Marketing and Distribution: Summary of Operations Six-month periods ended 30 June Change (%) 2026 2025 Total sales volume of refined oil products (million tonnes) 100.99 112.14 (9.9) Domestic sales volume of refined oil products (million tonnes) 79.00 87.05 (9.2) Retail (million tonnes) 49.71 54.53 (8.8) Direct sales and distribution(million tonnes) 29.29 32.52 (9.9) Note: The total sales volume of refined oil products includes the amount of refined oil marketing and trading sales volume. As of 30 June 2026 As of 31 December 2025 Change from the end of last year (%) Total number of Sinopec-branded service stations 31,278 31,195 0.3 Number of company-operated stations 31,278 31,195 0.3 Chemicals In the first half of 2026, amid the headwinds of weak demand and narrowing profit margin of the chemical sector, the Company implemented targeted strategies for each subsidiary and business chain in optimizing operations and maximizing value of product chains to reduce costs, expand markets, and improve profitability. Furthermore, we dynamically optimized unit operations, feedstock and product structures to lower feedstock costs and increase production of marketable products. Efforts were also made in developing new and high value-added products and expanding the space for value creation. Ethylene production reached 6.394 million tonnes in the first half of the year. We continued to deepen cooperation with strategic customers to consolidate business foundation and vigorously explore overseas markets. Total chemical products sales in the first half of the year amounted to 37.86 million tonnes, with export volume increasing by 70% year-on-year, reaching a historic high. In the first half of 2026, the operating revenues of this segment were RMB238.1 billion, down by 1.6% year on year. This change was mainly due to the decrease in sales volume of products. The segment made great efforts to reduce feedstock costs, increase the potion of light feedstocks, dynamically optimised operating loads in line with market conditions, and expanded export scale. However, affected by the weak demand, the segment realized an operating loss of RMB0.2 billion, representing a reduction in loss of RMB4.0 billion year on year. Chemical Major Products: Summary of Operations Six-month periods ended 30 June Change (%) 2026 2025 Ethylene (thousand tonnes) 6,394 7,563 (15.5) Synthetic resin (thousand tonnes) 9,205 11,041 (16.6) Synthetic fiber monomer and polymer (thousand tonnes) 5,579 5,437 2.6 Synthetic fiber (thousand tonnes) 582 601 (3.2) Synthetic rubber (thousand tonnes) 667 804 (17.0) Note: Includes 100% of the production of domestic joint ventures. Safety and Health In the first half of 2026, the Company continued to improve the system and operations of HSE management, fostering continuous enhancement of HSE awareness among all employees. We conducted in-depth safety and environmental protection campaigns, advanced risk control and potential hazard management in key areas, and steadily upgraded public safety and emergency response capabilities, maintaining stable and safe production. Measures were also taken to strengthen environmental management and improvement at workplace, with attention given to the occupational, physical, and mental health of employees both at home and abroad. Innovation in R&D and Digital Intelligence In the first half of 2026, the Company continued to strengthen basic and frontier researches, focused on breakthroughs in key technologies, deepened reform in the sci-tech system and mechanism, and built national-level innovation platforms in the energy and chemical sector. At the same time, we steadily promoted the deep integration of sci-tech innovation with industrial innovation. In terms of sci-tech development, our understanding of shale gas formation patterns has underpinned the discovery of ultradeep shale gas fields. Breakthroughs were made in synergistic oil flooding theories and intelligent drilling methods. We gained significant progress in the domestic production of wet-process T1000 carbon fiber production and successfully developed a new generation of ultra-high-strength, high-modulus, and high-elongation SHX60 carbon fiber. CHPPO industrial units with independent intellectual property rights and polypropylene insulation materials units were successfully commissioned and put into operation. In terms of digital intelligence, we further carried forward the “AI+” initiative with the launch of the industry’s first digital expert, namely the “Fenghuo” industrial AI agent, while the capabilities of the Great Wall large model further improved. Capital Expenditures The Company continued to optimize investment in projects. In the first half of 2026, the capital expenditure was RMB48.7 billion. The capital expenditure for the E&P segment was RMB28.4 billion, mainly for the crude oil capacity building in Jiyang and Tahe, natural gas capacity building in Sichuan and Chongqing, and oil and gas storage and transportation facilities building. The capital expenditure for the refining segment was RMB6.9 billion, mainly for projects such as Guangzhou Petrochemical technical revamping, Maoming Refining transition and upgrading, and Qilu Refining of Local Crude Oil Upgrading and Technical Transformation, etc. The capital expenditure for the marketing and distribution segment reached RMB2.4 billion, mainly for the development of the integrated energy station network providing petrol, gas, hydrogen, power and services. The capital expenditure for the chemical segment was RMB9.8 billion, mainly for ethylene projects in Maoming and Qilu, and the aromatics project in Jiujiang, etc. The capital expenditure for corporate and others was RMB1.2 billion, mainly for R&D and digital intelligence projects, etc. Business Outlook In the second half of 2026, China’s economy is expected to maintain stable growth. Domestic demand for natural gas is projected to rise, while demand for chemical products will remain weak, and that for refined oil products will still be affected by alternative energy. Given the impacts of geopolitics and changes in the global supply, demand and inventory, there will be greater uncertainties in international crude oil prices. With above backdrop, the Company will strenuously implement six major strategies, namely innovation-driven development, business transition and upgrading, resource security, market expansion, cost competitiveness, and opening cooperation, to fully unleash the effect of reform, and ensure steady and sustained progress in our second entrepreneurial journey. We will focus on the following aspects: In E&P, the Company will focus on increasing reserve and production of oil and gas through intensified efforts in exploration and development, consolidating the foundation of energy and resources. We will advance resource discovery, profitable reserve growth, and new mining rights acquisition in a coordinated manner, and deepen high-efficiency exploration. We will accelerate the oil and gas capacity building in Jiyang, Tahe and offshore fields, and proceed with the fine development and adjustment in mature fields. We will further improve the production, supply, storage and marketing infrastructure of natural gas, integrate domestic and overseas natural gas resources, reduce the cost of the resource pool, and enhance the profitability of the whole business value chain. Our plan for the second half is to produce 141.83 million barrels of crude oil and 746.257 billion cubic feet of natural gas. In refining, the Company will focus on the maintaining volume and improving profitability, optimize industry chain in line with the market changes, and enhance the intensive and efficient operation and integrated value creation. We will optimize the utilization rate of each subsidiary, fine-tune resources allocation in different regions, and up-scale profitable production. We will further proceed with the “refined oil products to chemical feedstock” and “refined oil products to refining specialties” approach, flexibly adjust the product mix, increase the output of high added-value and profitable products, and strengthen the highend carbon materials industry chain. We will expedite the structural adjustment projects to increase the concentration of advanced capacity. In the second half, we plan to process 113 million tonnes of crude oil. In marketing and distribution, the Company will continue to enhance services for our clients, and raise the marketing quality and profitability. We will align procurement with marketing and coordinate volume with price, optimize resource allocation and marketing strategies, and consolidate our market position in refined oil products. We will further proceed with differentiated and targeted marketing strategies and improve retail management. We will optimize the service network layout, and facilitate the growth of businesses such as automotive LNG, battery charging and swapping and hydrogen energy. We will also strengthen our proprietary brands, refine the operation of convenience stores, scale up the vehicle ecosystem, and raise the quality and efficiency of Easy Joy service. In the second half, we plan to sell 77.68 million tonnes of refined oil products domestically. In chemicals, the Company will adhere to the principle of developing “basic + highend” and “chemicals + materials”, strive to cut costs, expand markets, minimise losses and increase profits. We will coordinate feedstock resources and diversify sourcing to cut costs, and optimise the unit utilization and production scheduling, and to keep high utilization rate of profitable units. Meanwhile, we will put more emphasis on developing new materials and increase their volume to expand market share. We will expedite the building of advanced production capacity to increase synergy, and speed up building a tiered and targeted customer management system. The mechanism for export market expansion will be further improved to grow global business. In the second half of this year, we plan to produce 6.8 million tonnes of ethylene. In Capex, we plan to spend RMB82.9 billion to RMB99.9 billion in the second half. RMB43.9 billion will be spent in the E&P segment, mainly for the crude oil production capacity building in Jiyang and Tahe, the natural gas production capacity building in Sichuan and Chongqing, and oil and gas storage and transportation facilities building. RMB10.4 billion will be spent in the refining segment, mainly for projects such as Qilu Refining of Local Crude Oil Upgrading and Technical Transformation, Maoming Refining transition and upgrading, and Guangzhou Petrochemical technical revamping. RMB6.6 billion will be spent in the marketing and distribution segment, mainly for the development of the integrated energy station network providing petrol, gas, hydrogen, power and services. RMB18.4 billion will be spent in the chemical segment, mainly for the construction of ethylene projects in Maoming and Qilu, and the aromatics project in Jiujiang. RMB3.6 billion will be spent for corporate and others, mainly for R&D and digital intelligence development. RMB17 billion will be flexibly earmarked in view of market situations. FINANCIAL DATA AND INDICATORS PREPARED IN ACCORDANCE WITH IFRS ACCOUNTING STANDARDS Principal accounting data Items Six-month period ended 30 June Change over the same period of the preceding year (%) 2026 (RMB million) 2025 (RMB million) Operating profit 37,210 33,423 11.3 Profit attributable to shareholders of the Company 26,567 23,752 11.9 Net cash generated from operating activities 62,499 61,016 2.4 As of 30 June 2026 (RMB million) As of 31 December 2025 (RMB million) Change from the end of last year (%) Total equity attributable to shareholders of the Company 840,901 827,463 1.6 Total assets 2,197,234 2,153,485 2.0 Principal financial indicators Items Six-month period ended 30 June Change over the same period of the preceding year (%) 2026 (RMB) 2025 (RMB) Basic earnings per share 0.220 0.196 12.2 Diluted earnings per share 0.220 0.196 12.2 Return on capital employed (%) 3.02 2.82 0.20 percentage points The following table sets forth the operating revenues, operating expenses and operating profit by each segment before elimination of the inter-segment transactions for the periods indicated, and the percentage change between the first half of 2026 and the first half of 2025. Six-month period ended 30 June Change (%) 2026 2025 (RMB million) Exploration and Production Segment Operating revenues 154,589 144,656 6.9 Operating expenses 125,860 121,018 4.0 Operating profit 28,729 23,638 21.5 Refining Segment Operating revenues 702,196 658,324 6.7 Operating expenses 685,175 654,789 4.6 Operating profit 17,021 3,535 381.5 Marketing and Distribution Segment Operating revenues 741,262 752,587 (1.5) Operating expenses 735,580 744,628 (1.2) Operating profit 5,682 7,959 (28.6) Chemicals Segment Operating revenues 238,133 241,938 (1.6) Operating expenses 238,380 246,162 (3.2) Operating profit (247) (4,224) — Corporate and Others Operating revenues 715,911 662,975 8.0 Operating expenses 715,546 661,330 8.2 Operating profit 365 1,645 (77.8) Elimination (14,340) 870 — About the Company China Petroleum & Chemical Corporation is one of the largest integrated energy and chemical companies in China. Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the production, sale, storage and transportation of refinery products, petrochemical products, coal chemical products, synthetic fibre, and other chemical products; the import and export, including import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information; hydrogen energy business and related services such as hydrogen production, storage, transportation and sales; battery charging and swapping, solar energy, wind energy and other new energy business and related services. Disclaimer This press release includes "forward-looking statements". All statements, other than statements of historical facts that address activities, events or developments that the Company expects or anticipates will or may occur in the future (including but not limited to projections, targets, reserve volume, other estimates and business plans) are forward-looking statements. The Company's actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to the price fluctuation, possible changes in actual demand, foreign exchange rate, results of oil exploration, estimates of oil and gas reserves, market shares, competition, environmental risks, possible changes to laws, finance and regulations, conditions of the global economy and financial markets, political risks, possible delay of projects, government approval of projects, cost estimates and other factors beyond the Company's control. In addition, the Company makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. Investor Inquiries: Media Inquiries: Beijing Hong Kong Tel:(86 10) 5996 0028 Tel:(852) 2522 1838 Fax:(86 10) 5996 0386 Fax:(852) 2521 9955 Email:ir@sinopec.com Email:sinopec@prchina.com.hk 23/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Xunce Technology Delivers Exceptional Interim Results with 389% Surge, Validating the Value of “Genuine AI”

EQS via SeaPRwire.com / 21/08/2026 / 18:04 UTC+8 The Hong Kong-listed AI application players have long struggled to achieve meaningful profitability. Xunce (03317.HK, the “Company”) defies the industry trend with a blowout earnings performance, proving that AI can deliver sustained, powerful and high-margin profitability. Its first-half revenue nearly quadrupled year-over-year, marking its first-ever interim profit while maintaining robust margins. Fueled by its proprietary Token ecosystem and strategic roadmap, the Company has not only unlocked explosive growth but also delivered definitive proof of a viable, high-potential AI commercialization model. Profitability inflection point: core metrics outpace peers On August 21, Xunce Technology released its 2026 interim results. First half revenue hit RMB 967million, rocketing 389% year over year to an all time high for the period. Profit attributable to shareholders stood at RMB 72.51million, reversing a loss of roughly RMB 89.40million in the prior year comparable period. Adjusted net profit reached RMB 67.00million, versus an adjusted net loss of approximately RMB 105million one year earlier. Outstripping peers on all key financial metrics, the Company has definitively reached its profitability inflection point, signaling the Company’s decisive pivot from capital intensive investment toward sustained profit generation. During H1 2026, as AI application priorities shifted from model training to inference‑driven real‑world deployment, enterprise demand for Token surged. Profit quality of the Company improved accordingly. Total gross profit reached roughly RMB 580 million, up 340.5% year‑over‑year, with an overall gross margin holding firm at 60.1%. This underscores the resilience of its platform‑based delivery model amid business scaling-up. The sharp performance growth stems from four converging drivers: accelerated deployment of enterprise AI real‑time data infrastructure, expanding footprint across multiple verticals, rollout of the Token‑based business model, plus international business expansion and ecosystem development. Three powerful forces underpin this sharp profit reversal. First, faster rollout of end‑to‑end TokenOS and TokenCloud solutions has lifted the revenue share of high‑margin Token offerings, boosting overall profitability. Second, scale benefits from its platform‑based, modular product architecture have kicked in. More than 400 standardized functional modules have been built, raising solution replication efficiency and streamlining R&D, sales and G&A expense structures. Third, improved capital management efficiency generated incremental gains that bolstered profits in the period. Operational efficiency also kept climbing. In the first half, average revenue per user (ARPU) jumped from RMB 1.64 million to RMB 5.56 million, a 240% year‑over‑year increase. Revenue per employee rose 379%, placing its workforce productivity among top-tier AI tech companies. The three major expense categories continued to improve with materially lower expense ratios. Customer retention has consistently stayed above 90%, demonstrating strong lock‑in and high stickiness based on deep integration within customers’ workflows. One‑stop AI infrastructure via full‑stack tech; Token revenue surpasses 10% As a leading Chinese provider of AI‑powered real‑time data infrastructure and analytics, Xunce Technology has built closed‑loop capabilities spanning nine end‑to‑end data processing stages and five data Tokenization workflows. With over 400 standardized and reusable functional modules, it boasts three core technical strengths: millisecond‑level real‑time responsiveness, 100% accurate data processing, and data Tokenization capabilities. Sustained business growth is underpinned by robust product offerings. Its solutions are deeply deployed across customers’ self‑managed cloud and on‑premises environments. The Company has assembled a full product portfolio covering the entire data lifecycle and built a full‑stack technical architecture for enterprise AI adoption. In the AI era, enterprises are rapidly shifting from raw data processing to real‑time AI‑powered decision‑making. The quality of an enterprise’s proprietary data stands as a critical determinant of successful AI deployment. Enterprise AI adoption is still in its early stages. High demand customers mainly fall into two groups: sector incumbents with a well‑defined AI transformation strategy, and organizations with clear business expectations for AI‑driven outcomes. Xunce has actively expanded its AI‑to‑B business. On the data infrastructure front, it has built a data development system anchored on the AIDP platform. Acting as a “data hub”, it embeds AI deep into customers’ core workflows, delivering intelligent data insights and forecasts to support high quality business decision making. On the resource orchestration front, Xunce launched TokenOS, the world’s first operating system focused on data capabilities. It refines enterprise proprietary data into high-density scenario‑specific Tokens and connects the full pipeline from data ingestion to model invocation. Building on this foundation, the TokenCloud platform centers on model capabilities and “data + model” competencies. Together, they deliver integrated end‑to‑end products and services spanning “computing power‑data‑Token‑model‑application”, equipping customers with one‑stop AI infrastructure. Customers can benefit from lower deployment costs and improved matching efficiency across computing power, data and AI models. End‑to‑end product matrix: “computing power – data – Token – model – application” Additionally, leveraging ten‑year expertise in real‑time data infrastructure, Xunce Technology centers data and Tokens as core hubs to connect upstream and downstream stakeholders, building hard‑to‑replicate differentiated strengths. These capabilities reach end‑user customers via its long‑standing FDE model: on‑site engineers work side‑by‑side with customer teams. Through on‑site collaboration and rapid iteration, large models and other AI technologies are woven into core business operations. Products and use cases then evolve with customers, enabling fast adoption of the Company’s full product suite. Today, Xunce’s Token‑based business model has been deployed across high‑value use cases in biotech & healthcare, energy dispatch, industrial quality inspection and many more. Token‑related revenue exceeded 10% of total H1 revenue. Annual recurring revenue (ARR) for Token services surged, posting a 410% quarter‑over‑quarter jump in June and emerging as a new growth engine. Unlike general-purpose Tokens built for everyday use cases, scenario‑specific Tokens target specialized vertical workflows. They draw on industry‑specific or enterprise proprietary datasets for model training and inference – exactly the category of scenario‑focused Tokens developed by Xunce. Industry observers note the fundamental divide between general-purpose Tokens and scenario‑specific Tokens lies in specialized workflow requirements. For instance, energy‑specialized models prioritize precise regional consumption forecasting to drive energy savings or trading arbitrage. For AI‑collaboration models deployed on high-end manufacturing lines, customers care whether Token‑powered AI inference can tangibly boost yields, increase production capacity and capture critical market opportunities. Clear four‑phase roadmap unlocks exponential growth potential Looking ahead, Xunce has laid out a clear four‑phase strategic roadmap for its AI data infrastructure business. The Tokenization phase delivered milestone progress in H1. Building on this momentum, the Company intends to roll out a global Token exchange platform in the second half of the year to break down barriers for Token circulation across enterprises, industries and use cases. This would potentially elevate its business model from “pay‑per‑Token‑usage” toward “platform and ecosystem‑driven monetization”, expanding growth beyond individual customer Token consumption to ecosystem‑wide transactions. Over the longer term, sector-specific datasets will be further refined to train continuously evolvable small models for enterprise deployment, offering flexible commercial models including on‑demand subscription, perpetual license, ongoing fine‑tuning and performance‑based pricing. Xunce stated it will implement strategic initiatives across five priorities: advance business model evolution, accelerate cross‑industry replication, pioneer cutting‑edge applications, build strategic partner ecosystems, and steadily expand its businesses globally. Overseas revenue soared 264% year‑over‑year, unlocking new international market upside. Alongside its explosive business growth, Xunce Technology closed an equity placement and convertible bond financing worth roughly HKD 2.35 billion in early July, materially bolstering its cash reserves. The financing represents strong capital market validation for its business model and supplies ample capital for future computing power build‑outs, deeper sector vertical penetration and global expansion. In the near term, it will smooth cashflow volatility amid investment cycles. Over the medium‑to‑long run, it will accelerate the delivery of the Token‑exchange ecosystem and enterprise small model offerings, lending greater certainty to revenue mix optimization and profit margin expansion. As a rare profitable AI‑to‑B benchmark among Hong‑Kong‑listed names, Xunce Technology is cruising onto a high‑speed value growth track powered by twin engines: proven earnings delivery and strengthened capital support. 21/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Yip’s Chemical Announces 2026 Interim Results, Navigating Macro Challenges Successfully with an Optimised Business Portfolio; Profit Attributable to Owners Increased Significantly by 113.5% to HK$141

EQS via SeaPRwire.com / 20/08/2026 / 18:12 UTC+8 【For Immediate Release】 Yip’s Chemical Announces 2026 Interim Results Navigating Macro Challenges Successfully with an Optimised Business Portfolio Profit Attributable to Owners Increased Significantly by 113.5% to HK$141 million Interim Dividend of HK8 Cents per Share Highlights: Amid the macroeconomic and supply chain headwinds stemming from the US-Iran conflict, the Group maintained resilient operations driven by recent portfolio optimisation and a solid core business foundation. Revenue increased by 17.1% year-on-year to HK$1.67 billion, while sales volume slightly decreased by 2.5% to 114,000 metric tonnes. The gross profit margin of the Group rose to 26.9%, representing a year-on-year increase of 2.1 percentage points. Profitability improved across core businesses. Notably, the inks business recorded a substantial year-on-year increase in segment results of 265% to HK$41.3 million, driven by successful market expansion through highly cost-effective products and services. The Group acquired an approximately 60% equity interest in “Sino-Hypro” last year, contributing segment results of HK$28.0 million (before deducting non-controlling interests and taxation) to the Group. Solvents associate company achieved record-high sales volume by effectively navigating raw material and product price fluctuations, boosting profitability and delivering a return of HK$112 million to the Group. Profit attributable to owners increased by 113.5% year-on-year to HK$141 million. Gearing ratio continued to be at healthy level of 19.6%, enhancing the flexibility for future investments in new growth projects. The Board has resolved to pay an interim dividend of HK8 cents per share (corresponding period of the preceding year: HK4 cents per share). (Hong Kong, 20 August 2026) Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) today announced its interim results for the six months ended 30 June 2026 (the “period under review”). During the period under review, the US-Iran conflict triggered significant volatility in international oil prices, causing unusual fluctuations in the prices of certain related chemical raw materials and leading to a major impact on the global supply chain and macroeconomy. Moreover, as the “involution” across various industries in the Chinese Mainland continued, both prices and profits faced downward pressure. Relying on a continuously optimised business portfolio and a solid core business foundation, the Group demonstrated strong operational resilience, successfully overcoming these challenges to achieve substantial profit growth. In the first half of 2026, the Group recorded revenue of HK$1.67 billion, an increase of 17.1% compared to the corresponding period of the preceding year. Profit attributable to owners surged significantly by 113.5% year-on-year to HK$141 million. The Group’s overall financial position remained highly robust during the period under review, with the gearing ratio maintained at healthy level of 19.6%. The Board has resolved to pay an interim dividend of HK8 cents per share (2025 interim dividend: HK4 cents per share), to reward shareholders earnestly. Mr. Ip Chi Shing, Chairman of Yip’s Chemical, expressed, “Although the macroeconomic environment in the second half of the year remains full of uncertainties, I am confident that through the efforts of our young and talented management team, the Group will demonstrate greater agility to further consolidate our foundation in line with our business development strategies, while investing heavily to build “a leading chemical businesses platform”. In advancing eco-friendly and new energy-related products, we will proactively pursue opportunities in strategic cooperation and M&A initiatives, forging a new path for the long-term, healthy, and sustainable development of Yip's Chemical. Concurrently, spearheaded by the newly commissioned Vietnam coatings plant, the Group will gradually explore avenues to expand its product footprint overseas. As long as we firmly adhere to this prudent yet progressive strategy, persist in our approach and deliver concrete action, we are bound to unlock greater business prospects for the Group’s future.” Chairman Ip added, "This year marks our 55th anniversary. While the world has transformed over the past half-century, our dedication to our core businesses, employees, shareholders, and society remains unwavering. Thanks to the steadfast support of our staff, customers, and partners, Yip’s Chemical has grown from a small family workshop into an enterprise listed for 35 years. I would like to take this opportunity to express my heartfelt gratitude to all colleagues and business partners. Looking ahead, with your continued trust and support, Yip’s Chemical is poised for even greater growth.” Business Review and Outlook Inks In the period under review, the inks business recorded revenue of HK$704 million, representing a year-on-year increase of 19%. Despite fierce market competition, the inks business successfully captured market share through highly cost-effective products and services, driving a 16.5% year-on-year growth in sales volume to 33,000 metric tonnes, firmly securing its leading position in the Chinese inks market. Although the business faced rising prices of raw materials such as solvents during the period under review, effective cost control and strategic price increases on select products enabled the gross profit margin to improve by 0.5 percentage point year-on-year to 21.4%. Furthermore, owing to a relatively large bad debt provision made in the corresponding period of the preceding year, the inks business recorded a substantial year-on-year increase of 265% in segment results, reaching HK$41.3 million. Going forward, the Group will continue to leverage its competitive edge in the packaging printing inks sector to expand market share and consolidate the market leadership of “Bauhinia Variegata” inks. Simultaneously, the management team has commenced identifying acquisition targets in the ink sector with high technical barriers, aiming to diversify its product portfolio and create new growth pillars for the inks business. Coatings During the period under review, the architectural coatings sector continued to be affected by the sluggish domestic real estate market, dragging down the overall sales volume of the coatings business by 8.0% to 72,000 metric tonnes, while revenue grew by 2% to HK$688 million. The Group is steadily expanding the distributor networks for the “Bauhinia” and “Camel” brands and stepped up promotional efforts across multiple social media platforms to pave the way for the future recovery of the architectural coatings market. In industrial coatings, the Group increased investments in the plastic coatings and resins businesses to drive future development. The new industrial coatings plant in Vietnam has commenced operations, providing timely and efficient services to local customers. Concurrently, the resins business continued to focus on R&D for products related to automotive coatings and protective coatings to boost sales and profits. The coatings segment recorded a gross profit margin of 29.9%, representing a year-on-year increase of 1.1 percentage points, with segment results rose by 2% to HK$22.0 million. In the second half of the year, building on the steady organic growth of its businesses, the Group will actively seek high-quality, technologically advanced M&A targets. Concurrently, it will accelerate the incubation of coatings technologies related to the new energy industry to expedite the development pace of the coatings business. Lubricants In the period under review, revenue from the lubricants business declined by 11% to HK$143 million, while the gross profit margin rose by 0.5 percentage point year-on-year to 22.4%. This business recorded segment results of HK$6.1 million, remaining flat compared to the corresponding period of the preceding year. The automotive lubricants business was impacted by the overall market “involution”, which pressured both revenue and profits. Looking ahead, the Group will optimise its automotive lubricants portfolio to drive sales volume growth, while prudently investing in niche industrial lubricants to unlock new growth engines. Chemical Gas Separation and Recovery In December 2025, the Group successfully completed the acquisition of an approximately 60% equity interest in Sino-Hypro, signifying Yip's Chemical's entry into the chemical gas separation and recovery industry. During the period under review, the Group commenced providing Sino-Hypro with support in terms of customer resources, supply chain capabilities, human capital and management systems. Sino-Hypro recorded revenue of HK$136 million and a gross profit margin of 45.6% in the period under review, contributing segment results of HK$28.0 million (before deducting non-controlling interests and taxation) to the Group. The Group's management will continue to work closely with the original shareholders to fully leverage the strong technological foundation of Sino-Hypro and the extensive operating experience and resource network of Yip’s Chemical. The Group firmly believe that Sino-Hypro will continue to unleash strong commercial potential and stride towards a promising future. Investment in Solvents Associate The Group retains a 24% effective stake in “Handsome Chemical”, the world’s largest acetate solvents company. In the period under review, the solvents associate recorded robust growth of 36.9% in sales volume, reaching a record high of 1,130,000 metric tonnes. In particular, export sales volume reached approximately 500,000 metric tonnes, serving as the primary growth engine. Despite significant price volatility in both raw materials and solvent products triggered by the US-Iran conflict, the management team accurately seized market opportunities to drive profitability. The solvents associate ultimately delivered a return of HK$112 million to the Group. Navigating through macroeconomic and geopolitical uncertainties in the second half of the year, the Group remains confident that under the effective leadership of the associate's management team and in close collaboration with its business partners “PAG” and “Qisheng”, the solvents business will continue to demonstrate resilience and adaptability to maintain a prosperous trajectory. Mr. Ip Kwan, Francis, Chief Executive Officer of Yip’s Chemical, concluded, “During the period under review, in the face of a challenging market environment, the Group continued to effectively consolidate the market position of its core businesses, achieving high-quality revenue and profit growth. Meanwhile, the new chemical gas separation and recovery business has begun to contribute to the Group's performance. Looking ahead, the management will continue to actively seek strategic investment and M&A opportunities in the market that align with Yip's Chemical's future development, including opportunities to consolidate the core businesses of coatings and inks, in order to accelerate the development of “a leading development platform for chemical businesses”. I am confident that adhering to these development strategies will strengthen our business foundation and drive the Group towards a successful future.” End - About Yip’s Chemical Holdings Limited (Incorporated in the Cayman Islands with limited liability) Founded in 1971 and listed on the Hong Kong Stock Exchange (SEHK: 00408) since 1991, Yip’s Chemical has been dedicated to the chemical industry for more than half a century. The Group’s long-term vision is to become “a leading development platform for chemical businesses” driven by green, innovative technology, professional services and highly respected brands that enrich people’s lives. The Group’s core businesses include inks, industrial and architectural coatings, specialty resins, lubricants and chemical gas separation and recovery. The core businesses have established leading positions in China in their respective sectors. “Bauhinia Variegata” is the largest inks manufacturer in China; “Hang Cheung” coatings holds a leading position in China’s high-end plastic coatings segment; Bauhinia Advanced Materials Group also operates well-known brands including “Bauhinia” and “Camel” paints as well as “Da Chang” polymers; “Hercules” and “Pacoil” lubricants rank among the market leaders; “Sino-Hypro” is recognised as a leading enterprise in chemical gas separation and recovery in China. The Group is also a core investor in “Handsome Chemical”, the world’s largest acetate solvents producer. Leveraging its stable shareholder structure, extensive nationwide manufacturing and sales network, and a dynamic portfolio of strong brands, the Group has built a robust foundation in the domestic chemical industry. Going forward, the Group will drive sustainable innovation in chemical operations and accelerate the development of a more scalable and resilient platform. Learn more about Yip’s Chemical on: www.yipschemical.com Media and Investor Enquiries Yip’s Chemical Holdings LimitedMs. Wing So Tel:(852) 2675 2385 Email:wing.so@yipschemical.com DLK Advisory Limited Ms. Michelle Shi Tel: (852) 2854 8711 Email: michelleshi@dlkadvisory.com Ms. Kathleen Mui Tel: (852) 2854 8727 Email: kathleenmui@dlkadvisory.com File: 408_2026IR_Press Release_EN Final_2026.8.20 20/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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AI-powered Martech Firm Tec-Do Announces Completion of New Financing Round

EQS via SeaPRwire.com / 20/08/2026 / 10:56 UTC+8 [Beijing, August 20, 2026] — Tec-Do, a global leader in AI marketing technology, today announced the completion of a new financing round, led by Huatai-General Atlantic, with participation from Forebright Capital, GAC Capital, GSR Ventures and other investors. This financing provides strong support for Tec-Do’s next phase of AI research and development, product commercialization, global expansion, and capital market initiatives. The financing attracted strong interest from leading investors, reflecting growing confidence in Tec-Do’s innovative AI approach, built around its Navos Marketing Multi-Agent Platform and Tec-Chi Specialized MLLMs, as well as its proven ability to deliver measurable business growth for enterprise customers. This round brings together a group of investors with strong global perspectives, long-term capital and deep industry resources. Leading this financing marks Huatai-General Atlantic’s first-ever RMB investment, made through the joint venture fund, established by Huatai Baoli Investment Management. Tec-Do's long-term shareholder GSR Ventures increased its investment in this round. The participation of new leading investors alongside continued commitments from existing shareholders reflects the forward-looking confidence of international capital markets in the large-scale commercialization of B2B AI Agents and further underscores Tec-Do’s expertise in the field. Proceeds from the financing will be primarily used to further advance Tec-Do’s core AI technologies, including the Tec-Chi Specialized MLLMs and Navos Multi-Agent Platform, as well as to attract and develop top-tier AI talent. As AI begins to fundamentally reshape the global business landscape, Tec-Do will also accelerate its strategic investments in Agentic Commerce, Agent-to-Agent (A2A) collaboration, and Generative Engine Optimization (GEO), helping global brands capture new growth opportunities across the information discovery, consumer decision-making, and transaction journeys increasingly shaped by AI. Shuhao Li, Founder and CEO of Tec-Do, said: “AI is reshaping the foundations of global business, and we are at the beginning of a new era in which AI is redefining how businesses grow. Truly valuable AI is not simply about making technology more powerful; it must go deeper into real business operations and continuously create measurable business value. That is the core belief behind Tec-Do’s Useful AI approach. As AI-driven transformation reshapes global commerce, we aspire to be a leading force in this transformation, helping brands around the world capture new growth opportunities and turning AI into a true engine for business growth.” The strong investor interest in Tec-Do is rooted in its nearly decade-long experience serving more than 100,000 cross-border businesses. From search and social media to content-driven commerce and now AI-powered conversations, Tec-Do has consistently positioned itself well within major shifts in the global commercial landscape. The company has established deep partnerships with leading global commercial platforms and AI-native consumer interfaces, including Meta, Google, TikTok, and OpenAI, helping customers continuously unlock new channels and opportunities for business growth. Today, Tec-Do’s business spans more than 200 countries and regions worldwide. Its Navos Multi-Agent Platform connects the entire workflow of global market intelligence, creative generation, campaign execution, performance attribution, and continuous optimization. Data and practical insights accumulated across markets, industries, and consumer scenarios are continuously fed back into Tec-Do’s proprietary Tec-Chi Specialized MLLMs, creating a self-reinforcing optimization flywheel that continuously improves the platform’s intelligence and performance. According to the latest benchmark results, Tec-Do’s Tec-Chi Question Answering & Reasoning Model ranked No.1 globally in the SuperCLUE evaluation of specialized advertising and marketing foundation models, while its Content Understanding Model ranked No.2 overall in the “Cross-Border Marketing Video Understanding” benchmark. In July 2026, Navos also launched its 2.0 iteration, evolving into an all-in-one enterprise AI Workforce capable of dynamically orchestrating multiple models, tools, and specialized agents based on specific business objectives. The evolution marks a shift from AI simply providing recommendations toward collaborative execution and delivery of measurable business outcomes. Tec-Do is also translating its AI capabilities from benchmark performance into real-world commercial impact. In July 2026, Tec-Do became one of the first official technology partners for ChatGPT Ads globally. In initial customer testing, a cross-border brand using Tec-Do’s technology with ChatGPT Ads achieved a significant reduction in marketing costs while increasing ROI to 2.5 times its previous level. The results demonstrate Tec-Do’s ability to help brands unlock new growth opportunities as AI-native consumer interfaces reshape the global advertising and commerce landscape. Looking ahead, Tec-Do will remain committed to its founding principle of “Technology Empowers Business.” The company will continue integrating specialized AI models and multi-agent systems across the full spectrum of business growth, including marketing, sales, and customer success, moving AI beyond point solutions toward a new AI-for-work operating model. Through this evolution, Tec-Do aims to help more businesses capture global opportunities, achieve sustainable growth, and lead the emerging era of Agentic Commerce. About Tec-Do Founded in 2017, Tec-Do is a leading AI marketing company delivering results-centric marketing solutions for global business growth. Powered by Tec-Chi multi-modal large language models (MLLMs) and Marketing Multi-Agent Platform Navos, the company delivers end-to-end marketing solutions through a suite of AI-native, performance-driven products. These products restructure and autonomize mission-critical marketing processes—including market intelligence, content generation, campaign delivery, and performance optimization—across global media channels. In 2025, Tec-Do served over 100,000 advertisers, representing a diversified customer base that spans e-commerce, gaming, entertainment, and local commerce. For more information, please visit https://www.tec-do.com/en/. 20/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Sun Hung Kai & Co. Announces 2026 Interim Results

EQS via SeaPRwire.com / 20/08/2026 / 09:00 UTC+8 Resilient First-Half Performance with Attributable Profit of HK$688 Million Sun Hung Kai & Co. Limited (Stock Code: 86.HK) ("SHK & Co." or the "Company", together with its subsidiaries, the "Group") today announced its interim results for the six months ended 30 June 2026. In the first half of 2026, the Group delivered a resilient performance amid a volatile global operating backdrop marked by geopolitical instability, interest rate uncertainty and narrow market breadth. As a principal-led alternative investment platform, SHK & Co. remains well positioned to navigate market volatility. We continued to create value focused on downside protection and risk-adjusted returns backed by our strong balance sheet, liquidity and growing strategic partnerships, as well as our extensive global network. Profit attributable to the owners of the Company was HK$687.9 million, a lower reported profit this period was mainly due to the absence of a sizeable liquidity event compared to the preceding period. Basic earnings per share was HK35.2 cents. Total assets grew to HK$40,388.8 million, reflecting the steady scaling of the Group's platform. The Board of Directors of the Company declared an interim dividend of HK13 cents per share for the six months ended 30 June 2026, an increase of 8.3% year-on-year (“YoY”). During the first half of 2026, the Group repurchased 2.8 million shares, further demonstrating its commitment to disciplined capital management and enhancing long-term shareholder value. Since 1997, the Group has returned HK$16.2 billion to shareholders through dividends and share buybacks. The Group also continued to proactively manage its funding profile. During the reporting period, the Group repurchased an aggregate principal amount of medium-term notes (“MTN”) totalling US$154.2 million. In January 2026, the Group completed a US$250.0 million issuance of notes due 2029 under its MTN programme and concurrently tendered US$152.0 million of its outstanding notes due 2026, thereby extending its debt maturity profile, reducing near-term refinancing risk and further strengthening its financial flexibility. As of 30 June 2026, the Group's book value per share was HK$11.6, an increase of 1.8% from the end of 2025. Investment Management The Investment Management business recorded a pre-tax profit of HK$402.9 million. As at 30 June 2026, the segment's investment balance stood at HK$16,880.5 million, grew 7.4% compared with the end of last year, with Private Equity assets comprising 57.4% of the total. Within the Group's HK$9.7 billion Private Equity portfolio, around HK$1.7 billion is publicly listed, providing strong liquidity flexibility. Since inception, this segment has delivered a 15.8% IRR. Investment profit in the first half of 2026 was driven evenly across Private Equity, Special Situations & Structured Credit, and Hedge Funds. Gains were supported by liquidity events including IPO and M&A activity, portfolio markups through new financing rounds of technology investments, and ongoing distributions. The Fund of Hedge Funds strategy also delivered a strong return that outperformed market benchmarks. The expanded Special Situations & Structured Credit allocation continued to provide downside protection with meaningful upside, with gains driven by value appreciation, alongside steady income from private credit. New investments in the period focused on Secondaries, Special Situations and Buyout strategies, prioritising mature, cash-generative assets with clear exit paths. Alternative Solutions (Formerly Funds Management) The Alternative Solutions platform, conducted through Sun Hung Kai Capital Partners Limited (“SHKCP”), recorded a nominal pre-tax loss of HK$0.9 million, narrowing losses significantly by 82.0% YoY. Accelerating growth in fee income (+24.7% YoY) to HK$21.0 million was the main driver, partly offset by higher operating expenses. Total AUM* expanded 17.7% to HK$29,192.0 million (equivalent to approximately US$3,723 million), driven by net capital inflows, solid performance across strategies, and new strategic partnerships. Although only commenced recently, this collaborative model is already generating a flywheel effect that unlocks proprietary deal flow, expands network effects between investors, and enables SHKCP to build long-term recurring revenue. Beyond generating risk-adjusted returns for SHKCP’s clients, these growing partnerships also support group-wide investment returns and capture compelling co-investment opportunities for our Investment Management segment. Credit Business The Credit business's Consumer Finance operations, conducted under United Asia Finance Limited (“UAF”), recorded a pre-tax profit of HK$565.2 million, up 50.7% YoY, supported by satisfactory growth in loan transaction volume and profitability in Hong Kong, disciplined credit underwriting, and a lower charge-off ratio. The consolidated gross loan balance reached HK$12,348.9 million, an increase of 4.6% compared with the end of 2025. UAF's SIM Credit Card business continued to generate profit through growth in card receivables, interest and fee-based income. Mortgage Loans, conducted by Sun Hung Kai Credit Limited ("SHK Credit"), recorded a pre-tax profit of HK$26.0 million, up 140.7% YoY, primarily driven by a significant reduction in impairment charges; the net impairment losses ratio improved by 160 basis points to 3.5%. The mortgage servicing business continued its momentum, with the servicing portfolio expanding 40.7% to HK$1,491.8 million and loan servicing income rising 81.3% to HK$2.9 million. This growth was driven by new mandates, underscoring market recognition and trust in SHK Credit from institutional investors, and showcasing growing demand across developers. Expanding this business advances our strategy to broaden revenue base through capital-light recurring income while solidifying our position as an institutionalized mortgage solutions platform. Mr. Seng Huang LEE, the Group Executive Chairman, said, "While the macro environment remains complex, our over half-century track record and disciplined capital allocation give us the resilience to navigate market cycles. By leveraging our integrated Credit, Investment Management, and Alternative Solutions businesses, we will continue to deepen strategic partnerships and expand co-developed solutions, driving powerful flywheel and network effects across our platform, positioning us to capture high-conviction opportunities and deliver sustainable shareholder value." For more details of the 2026 Interim Results, please refer to the official announcement. * “Total AUM” refers to the total value of assets managed, advised, distributed or otherwise serviced by SHKCP, and also includes assets managed by seeding partners and external managers in which SHK & Co. has equity stakes. For details, please refer to the SHK & Co. website and our annual report. This AUM methodology differs from that of the AUM in our regulatory filings. - End - About Sun Hung Kai & Co. Sun Hung Kai & Co. Limited ("SHK & Co.", SEHK: 86) is a principal-led alternative investment platform based in Hong Kong. Since 1969, with its roots in wealth management, SHK & Co. has built a unique investment capability by investing across a wide range of alternative asset classes including hedge funds, private equity, private credit, and various real assets, consistently generating solid long-term risk-adjusted returns. SHK & Co.'s vision is to realise the full potential of its alternative investment expertise through a strategy centred on alignment — creating value for both its own capital and that of external partners, including institutions and family offices, enhanced by its relationships with leading alternative investment managers. As at 30 June 2026, SHK & Co. held approximately HK$40.4 billion in total assets, with Total AUM* of HK$29,192.0 million (~US$3,723 million), reflecting 17.7% growth since end of 2025. For more information, please visit: www.shkco.com / follow SHK & Co. on LinkedIn. For media enquiries, please contact: Christensen Advisory shk@christensencomms.com 20/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Hong Kong Gold Exchange Trading System Limited (HKGXTS) Announces Establishment

EQS via SeaPRwire.com / 18/08/2026 / 19:25 UTC+8 The joint venture between HKGX and TGX, backed by core technical support from Hundsun Technologies and Alibaba Cloud, seeks to advance Hong Kong's gold trading infrastructure Hong Kong, August 18, 2026 — Hong Kong Gold Exchange Trading System Limited (“HKGXTS”) today officially announced its establishment, jointly formed by the Hong Kong Gold Exchange (“HKGX”) and TGX Technology Limited ("TGX"). To further develop Hong Kong’s gold trading systems and related fintech infrastructure, HKGXTS will work with technology partners including Hundsun Technologies Inc. (“Hundsun Technologies”) and Alibaba Cloud to build a secure, stable, efficient, and internationally competitive gold trading and clearing technology platform. HKGXTS held its first Board meeting today to outline its development strategy and trading system construction plans. The meeting was chaired by HKGXTS Chairman Dr. Haywood Cheung. Attendees included HKGXTS Chief Executive Officer and Director Sun Ho; HKGXTS Chief Product and Technology Officer and Director Gavin Zhao; HKGXTS Director Henry Chan; HKGXTS Director Brian Fung; HKGXTS Director Chen Ji; Executive President of Hundsun Technologies Guan Xiaolan; General Manager of Hundsun Digital Intelligence Technology Co., Ltd. Kan Xiaohui; and Ethan Yuan, Vice President of International Business and Regional General Manager of APAC North and ANZ, Alibaba Cloud Intelligence Group. The participants discussed HKGXTS’ development roadmap, the trading and clearing system’s development progress, and technical collaboration. Caption: Group photo of Dr. Haywood Cheung, Chairman of HKGXTS (3rd from right); Sun Ho, Chief Executive Officer and Director at HKGXTS (3rd from left); Gavin Zhao, Chief Product and Technology Officer and Director at HKGXTS (2nd from left); Henry Chan, Director at HKGXTS (2nd from right); Brian Fung, Director at HKGXTS (1st on right); Chen Ji, Director at HKGXTS (1st on left). During the meeting, HKGXTS Chairman Dr. Haywood Cheung said, “Hong Kong is actively advancing the development of an international gold trading center and strengthening the infrastructure to support the gold market. The establishment of HKGXTS represents an important step forward in enhancing Hong Kong’s gold trading infrastructure, and we expect the new system to commence pilot operations in the first quarter of 2027. In its initial phase, the system will integrate HKGX’s existing products, trading, settlement, clearing, and related services into a unified platform. Other related digital services will be later introduced, including those supporting gold tokenisation. The system will further embody the "Finance+ Web3 + AI " concept, transforming traditional physical gold into a more diversified, flexible, and value-enhancing asset.” Sun Ho, HKGXTS Chief Executive Officer and Director, said, “Built on physical gold delivery capabilities, HKGXTS seeks to establish a multi-tier bullion trading and investment platform. We will progressively expand its extended-hour electronic trading capabilities to serve industry clients and international institutions. The company will also leverage its financial technology to enhance trading efficiency, reduce transaction and settlement costs, and support multi-currency pricing and settlement. Under the policy guidance of the Hong Kong SAR Government to develop Hong Kong into an international gold trading center, HKGXTS will actively support the development of Hong Kong’s gold market infrastructure, assess the feasibility of integrating with central clearing and regulatory systems, and contribute to the sustained growth of Hong Kong’s gold industry.” Gavin Zhao, HKGXTS Chief Product and Technology Officer and Director, also explained that this core platform upgrade represents not just a technical system update but a foundational capability build-out for the long-term development of Hong Kong's gold market. Currently, the upgrade of the HKGX physical gold core platform is progressing steadily in line with the established roadmap. The first phase will focus on integrating HKGX's existing products, trading, clearing, settlement, and related services to ensure a smooth transition. Building on the physical gold trading core platform, and in alignment with market development, regulatory requirements, and partnership conditions, HKGXTS will gradually explore areas such as international market access, digital gold real-world assets (RWAs), and cross-market expansion. These efforts will further enhance the platform's security, flexibility, and scalability. The project’s technological collaboration taps into the synergistic expertise of the participating parties, with TGX overseeing overall design and project governance, Hundsun Technologies supporting the core system’s delivery, and Alibaba Cloud providing the cloud technology and future AI capabilities. Guan Xiaolan, Executive President of Hundsun Technologies, highlighted the platform's capabilities in respect to its system stability, security, and international applications. Hundsun Technologies will leverage its fintech and trading systems expertise as well as the extensive financial systems implementation know-how of its wholly-owned subsidiary Hundsun Digital Intelligence Technology to support the development of HKGXTS’ core system. Ethan Yuan, Vice President of International Business and Regional General Manager of APAC North and ANZ, Alibaba Cloud Intelligence Group, detailed Alibaba Cloud's support for HKGXTS. He noted that Alibaba Cloud will provide technical support in areas such as cloud computing and digital infrastructure, helping to build a secure, stable, and scalable foundation. Hundsun Technologies and Alibaba Cloud will lean on their respective strengths to work alongside HKGXTS in advancing the development of the gold trading system. As the development of the core trading platform progresses, HKGXTS will continue to enhance the infrastructure enabling trading, clearing, settlement, and market operations in Hong Kong’s gold market. In alignment with the development plans of the Hong Kong Government and relevant financial infrastructure bodies, HKGXTS will strengthen its readiness across areas including systems, technology, and compliance. As conditions mature, HKGXTS will actively explore standardized connectivity with infrastructure including the banking system, clearing platforms, and regulatory reporting systems, providing the technological foundation for Hong Kong’s development into an international gold trading center and contributing to the long-term growth of its gold trading market. Media Contact: myt455242@alibaba-inc.com 18/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Marketingforce Delivers Revenue of RMB1.96 Billion and Net Profit Growth of 466.1% in 1H 2026

EQS via SeaPRwire.com / 18/08/2026 / 10:14 UTC+8 (August 18, 2026, Hong Kong) — Marketingforce Management Ltd (Stock Code: 02556.HK, "Marketingforce" or the "Company", together with its subsidiaries and consolidated affiliated entities, the "Group") announced its interim results for the six months ended June 30, 2026. During the reporting period, the Group recorded total revenue of RMB1.96 billion, up 111.2% year on year; revenue from its AI application business reached RMB1.13 billion, up 123.7%; and net profit amounted to RMB200 million, up 466.1%. The concurrent increase in revenue and profit reflected the accelerating scaled deployment of the Group's AI applications and further improvement in profitability and operating efficiency. AI Applications Drive Growth as Product Matrix Expands Across Core Enterprise Scenarios During the reporting period, the Group continued to enhance its AI-native product portfolio centred on AI-Agentforce Agent Platform 3.0, the KnowForce AI enterprise knowledge platform, and GenAI OS. It also expanded its AI Employee matrix across core enterprise scenarios, including marketing, sales, customer service, coaching, Data Agent business analytics, cross-border trade, and R&D. The rapid increase in AI application revenue further validated enterprise demand for AI applications that are deployable, manageable, and continuously upgradable. AI-Agentforce 3.0 supports natural-language agent creation, multi-agent system collaboration, and multimodal understanding and interaction. KnowForce AI connects enterprise databases, knowledge bases, and knowledge graphs. GenAI OS hosts the AI-native platform and full-scenario AI Employees, enabling agent training, management, invocation, and iteration. T-GEO connects the user journey from questions on AI application platforms to answer delivery, helping brands improve their AI visibility across omnichannel marketing environments. Customer Volume and Value Rise as AI Benefits Translate into Operating Efficiency During the reporting period, the number of customers increased by 25.9% year on year, while average monthly revenue per user (ARPU) rose by 80.0%, reflecting growth in both customer reach and value per customer. The Group also deployed its proprietary AI capabilities across internal marketing, sales, customer service, training, and operating-management functions to improve organizational efficiency. Operating Margins & Expense Ratios: Selling expenses represented 11.4% of revenue, down 5.6 percentage points year on year, while administrative expenses represented 4.6%, also down 5.6 percentage points. R&D expenses represented 16.6% of revenue, up 9.6 percentage points. The Group continued to invest in products and technology while improving operating efficiency. Headcount & Productivity: Total headcount increased by 13.8% to 1,893, while overall employee productivity, measured as total revenue per employee, improved by 85.6%. Cash Flow: Net operating cash inflow was RMB 500.1 million. Full-Stack Token Factory Supports Continued Business-Model Evolution Through its Full-Stack Token Factory, the Group converts computing power, models, data, knowledge, and agent capabilities into Scenario Tokens that are deliverable, traceable, reusable, and billable. Unlike model Tokens, which primarily reflect the consumption of technical resources, Scenario Tokens correspond more directly to business outcomes across customer acquisition, conversion, service, R&D, global expansion, and business analytics, moving enterprise AI from tool procurement towards value delivery. Looking ahead, the Group will continue to explore diversified monetization models covering subscriptions, usage volume, outcomes, and Scenario Tokens, aligning customer value creation more closely with the Group's commercial returns. It will continue to upgrade AI-Agentforce, KnowForce AI, and GenAI OS, broaden the coverage of its AI Employees, and deepen collaboration with computing, model, and application ecosystem partners to drive AI applications from single-point innovation towards scaled industrial deployment. Mr. Zhao Xulong, Chairman and Chief Executive Officer of Marketingforce, said: "2026 marks a new stage in which Marketingforce is accelerating the realization of its technology benefits and releasing value at scale. The value of enterprise AI must ultimately be demonstrated in real business scenarios and measurable operating outcomes. We will continue to deepen our full-stack AI capabilities and use our Full-Stack Token Factory to accelerate the scaled deployment of AI applications, create more trusted and outstanding business value for customers, and deliver sustainable long-term value for shareholders and partners." 18/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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RENOSY by Renters Warehouse Launches Resident Benefits Package for Single-Family Rental Homes

EQS via SeaPRwire.com / 18/08/2026 / 09:55 UTC+8 Minneapolis, Minnesota - August 18, 2026 - (SeaPRwire) - RENOSY by Renters Warehouse today introduced its Resident Benefits Package, a bundled service offering for residents living in single-family rental homes managed by the company. The package costs $49.99 per month and includes renters insurance, identity protection, move-in assistance, credit-building support, resident rewards, and automatic filter delivery, subject to availability and service options. The launch reflects a wider shift in single-family rental investing, where asset performance is increasingly tied to operations rather than ownership alone. RENOSY positions the package as a resident-facing offering with an asset-performance purpose: helping homeowner clients protect long-term profitability through stronger retention, fewer vacancies, and more consistent service. A rental home performs best when the resident experience is stable, useful, and well-supported. Turnover, vacancy, and renter dissatisfaction can erode returns. A stronger resident offering can support renewals, attract quality renters, and create more predictable performance for homeowners and investors. "Great property management is no longer just about collecting rent and handling maintenance," said Shunsuke "Gucci" Iguchi, CEO of RENOSY by Renters Warehouse. "It's about elevating the way people live in the homes we manage. When residents feel supported, they stay longer, take better care of the property, and create stronger returns for our homeowner clients." Single-family rental ownership has become an increasingly important part of the real estate investment landscape. Rental property can generate income, preserve ownership of an asset, and support long-term wealth creation. Professional management can give residents more consistent service and a better leasing experience. Property management has historically been viewed as an administrative function — leasing, rent collection, maintenance, and basic resident support. Increasingly, it has become an operating platform tied directly to retention, yield protection, and asset performance. "Every vacancy has a cost," said Mark Hanson, National Director of Leasing at RENOSY by Renters Warehouse. "By investing in the day-to-day rental experience, we are ultimately investing in homeowner and investor performance. Better residents, longer stays, and fewer interruptions all contribute to a more stable and profitable rental asset." The package aligns with RENOSY's broader mission of making real estate investing more accessible. Accessibility in this context is about helping more people own rental property and about making rental ownership easier to operate over time. That matters especially for individual homeowners and smaller investors, who may lack the infrastructure of large institutional landlords but still require professional systems, reliable service, and consistent resident support. About RENOSY by Renters Warehouse RENOSY by Renters Warehouse is a property management company serving homeowners, real estate investors, and residents in the single-family rental market. The company's mission is making real estate investing more accessible, with professional systems and consistent resident support designed for individual homeowners and smaller investors as well as larger portfolios. Media Contact Company: RENOSY by Renters Warehouse Contact: Ponara Eng, VP Marketing Email: media@renterswarehouse.com Website: https://renterswarehouse.com/ Address: Minneapolis, MN 55416 18/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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EN [Press Release] SEG Announces 2026 Interim Results

EQS via SeaPRwire.com / 16/08/2026 / 19:30 UTC+8 Press Release (For immediate release) (Stock code: 2386) SEG Announces 2026 Interim Results Solid Progress in Operations and Global Expansion (16 August 2026, Hong Kong) SINOPEC Engineering (Group) Co., Ltd. (“SEG” or the “Company”, together with its subsidiaries collectively known as the “Group”) (stock code: 2386) today announces its interim results for the six months ended 30 June 2026 (the “Reporting Period”). 2026 marks the inaugural year of the 15th Five-Year Plan, and also the first year for Sinopec to fully embark on our new mission of "Entrepreneurship 2.0". In the first half of the year, the Group closely adhered to the guiding principle of high‑quality development, aligned our operations with annual production and operation targets, and further pushed forward six key campaigns covering safety & environmental protection, marketing, quality and efficiency improvement, integration of R&D innovation with industry and finance, international expansion, and reform‑driven empowerment. Benefiting from the above efforts, our business operations remained stable and we made steady progress in operating performance with all phased operational targets were fully achieved. During the Reporting Period, the Group recorded operating revenue of RMB 35.62 billion, representing a year-on-year increase of 12.7%; gross profit reached RMB 2.74 billion, representing a year-on-year increase of 5.2%; net profit amounted to RMB 1.14 billion, and the value of new contracts signed was approximately RMB 51.9 billion. The Group's overall business fundamentals remained sound. SEG's board of directors (the “Board”) consistently upholds the investor‑centered philosophy and is committed to sharing the fruits of our high‑quality development with all shareholders and building a stable and predictable shareholder return mechanism. The Board has resolved to declare an interim dividend of RMB 0.127 per share for 2026, which represents a payout ratio of 50% and is consistent with the Company's long-standing and stable base dividend policy. In order to continuously drive steady improvement in shareholder returns, the Board has also resolved to launch a new round of share repurchases within the next six months, with a total repurchase amount of not less than HKD 100 million and not more than HKD 150 million. All repurchased shares shall be canceled. Mr. Zhang Xinming, Executive Director and President of SEG, stated that in the inaugural year of the 15th Five-Year Plan, the Group will prioritise four key targets in the second half of the year: high-standard market development, improvement in project delivery, profitability and efficiency, deeper integration of R&D and innovation with business and finance, and reinforcement of risk management, so as to fully advance the high-quality delivery of the annual targets. The Board and senior management will lead all management and employees to concentrate on core businesses, deepen reform and innovation, and steadily advance toward the corporate vision of becoming a world‑leading technology-driven engineering company. The Group will pursue sustainable and sound development to reward shareholders, customers and society with better operating results for their trust and support. Business Review and Highlights Market Development During the Reporting Period, the value of new contracts signed by the Group amounted to RMB51.911 billion. Among which, the value of newly signed domestic contracts amounted to approximately RMB31.160 billion; and the value of newly signed overseas contracts amounted to approximately US$3.052 billion. PRC Domestic Market During the Reporting Period, representative newly signed domestic contracts to the Group included: the BEPC contract for the 1.6 million tons/year imported solid asphalt full-green-energy high-efficiency upgrading industrialisation demonstration project of Zhongke Yaxin Guanghe (Xinjiang) Energy Co., Ltd. (the “Zhongke Yaxin Synthetic Crude Oil Demonstration Project”), with a total contract value of approximately RMB4.309 billion; the EPC contract for the methanol-to-olefin unit of the 800,000 tons/ year coal-to-olefin project at Zhundong Wucaiwan, Xinjiang Shanneng (the “Xinjiang Shanneng Coal-to-Olefin Project”), with a total contract value of approximately RMB2.447 billion; the EPC contract for the 30,000 tons/year large-tow carbon fibre remote construction project of Sinopec Shanghai Petrochemical Co., Ltd. (the “Shanghai Petrochemical”) (the “Shanghai Petrochemical Large-Tow Carbon Fibre Project”), with a total contract value of approximately RMB1.993 billion; the EPC contract for the acetic acid unit and methanol unit upgrade of the Zhongtian Hechuang green low-carbon upgrade and retrofit project (the “Zhongtian Hechuang Upgrade Project”), with a total contract value of approximately RMB1.572 billion; and the EPC contract for the phase I coal clean and efficient utilisation technical retrofit project of the 2x600,000 tonnes/year natural gas-to-ethylene glycol project of Xinjiang Zhongkun New Materials Co., Ltd. (the “Xinjiang Zhongkun New Materials Project”), with a total contract value of approximately RMB960 million. In the front-end engineering field, the Group’s newly signed contracts amounted to approximately RMB1.962 billion, with representative contracts including: the phase I coal-to-oil engineering design for the CHN Energy Hami Energy Integration and Innovation Base Project (the “CHN Energy Hami Coal-to-Oil Project”), the overall design for the CHN Energy Ordos Coal Liquefaction Upgrade Demonstration Project (the “CHN Energy Ordos Coal-to-Oil Project”), part of the engineering design for the CHN Energy Shenhua Yulin Circular Economy Coal Comprehensive Utilisation Project (the “Shenhua Yulin Coal-to-Oil Project”), the basic design for the Shanghai Petrochemical comprehensive technical retrofit and quality upgrade project (the “Shanghai Petrochemical Ethylene Project”), the engineering design for the 1 million tons/year ethylene unit of the Zhoushan Rongsheng New Materials Project (the “Rongsheng Jintang New Materials Project”), and the overall design for the Tahe Refining & Chemical Company refining and chemical integration project (the “Tahe Refining Integration Project”), etc. The Group entered into 203 new contracts in emerging business sectors, with a new contract value of approximately RMB5 billion. Among which, 25 contracts were in the clean energy and new energy fields, with a new contract value of approximately RMB100 million; and 178 contracts were in new materials, new technologies, energy conservation and environmental protection, with new contract value of approximately RMB4.9 billion. Representative newly signed contracts included the EPC for the Ningxia Energy & Chemical CO2 chemical-chain mineralisation utilisation demonstration project, the EPC for the Hubei Yihua phosphorus-fluorine resource high-value utilisation project, the preliminary design for the Xindao Hydrogen Energy green methanol integration project, and the engineering design for the Zhongyuan Oilfield water electrolysis hydrogen production demonstration project. Overseas Market During the Reporting Period, representative newly signed overseas contracts to the Group included: the Kazakhstan butadiene and rubber project (the “Kazakhstan Butadiene Project”), with a technology transfer and process package design contract value of US$24 million and an EPC contract value of US$1.093 billion; the construction contract for the ADNOC Habshan project in the UAE, with a contract value of US$750 million; and the EPC contract for the Saudi Aramco Ras Tanura refinery emergency repair project, with a contract value of US$45 million. In addition, the Group signed with Saudi Aramco a long-term cooperation agreement for old plant upgrade and retrofit (EPC LTA), with a term of 60 months, covering EPC contracting services for the inspection, maintenance and retrofit of Saudi Aramco’s old plants within Saudi Arabia; and a long-term management consultancy service agreement (PMC LTA) with a term of 60 months, covering engineering consultancy services for Saudi Aramco’s future investment projects. In the front-end engineering field, 16 new contracts were signed, with an aggregate contract value of approximately US$145 million. The business portfolio expanded into new areas such as green hydrogen, green ammonia, SAF and inorganic salts, and into new country markets including Uzbekistan, Australia, Korea and Singapore, with representative contracts including the detailed design and overall design for the second phase of Brunei Hengyi, the front-end engineering design and detailed design for the Uzbekistan sustainable aviation fuel (SAF) biorefinery project (the “Uzbekistan SAF Project”), the basic design for the Kazakhstan sulfuric acid and phosphate fertiliser complex project (the “Kazakhstan Sulfuric Acid and Phosphate Fertiliser Project”), and the FEED for the Petronas Sabah fertiliser plant synthetic ammonia and urea upgrade project in Malaysia (the “Malaysia Ammonia Project”), etc. Status of Major Projects under Execution Sinopec Maoming Ethylene Project (the “Maoming Ethylene Project”) (EPC): the project’s design had entered the finalisation stage, construction had entered the peak installation stage, and overall progress exceeded 70%. Shanghai Petrochemical Large-tow Carbon Fibre Project (EPC): phase I of the project has entered feeding and start-up, producing qualified products. Phase II was at the detailed design stage, construction had entered the installation stage, and overall progress exceeded 40%. SHCCIG Yulin Chemical 15 million tons/year Coal Graded Clean and Efficient Conversion Demonstration Project MTO unit and FDPE unit (the “SHCCIG Yulin MTO”) (EPC): the project’s detailed engineering design was completed, construction had entered the installation stage, and overall progress exceeded 50%. Shaanxi Yuli Energy Fine Chemical Materials Co., Ltd. 1 million tons/year High-End Chemicals New Materials Project – the 400,000 tons/year DMTA (methanol toluene to aromatics) unit (the “Yuneng DMTA”) (EPC): the project was at the detailed design stage, the site had entered the installation stage, and overall progress approached 10%. CHN Energy Shenhua Baotou Coal-to-Olefin Upgrading Demonstration Project (the “Shenhua Baotou Coal-to-Olefin”) (EPC): the project was at the final stage of civil construction, installation was in full swing, and overall progress exceeded 60%. Xinjiang Shanneng MTO Project (EPC): the project was at the detailed design stage, the site was at the early stage of civil construction, and overall progress exceeded 10%. North Huajin United Petrochemical Fine Chemical and Raw Material Engineering Project (the “Huajin Project”) (EPC): the project was completed and delivered. Packages P1 and P2 of Saudi Aramco Riyas NGL Project (the “Saudi Riyas Project”) (EPC): the project’s design had entered the finalisation stage, construction had entered the peak installation stage, and overall progress approached 80%. Tank Farm and Integration Project with SATORP Refinery under Saudi AMIRAL Project (the “Saudi AMIRAL Project”) (EPC): the project’s design had entered the finalisation stage, construction had entered the peak installation stage, and overall progress approached 80%. Saudi Aramco’s Jafurah Gas Expansion Project Phase III (the “Saudi Jafurah Project Phase III”) (EPC): the project’s design stage was completed, construction had been fully commenced, and overall progress exceeded 60%. Saudi Aramco Haradh GOSP-3 Oil-Gas Separation and Production Enhancement Project (the “Saudi Haradh Project”) (EPC): the project was at the peak of design and procurement, construction was at the commencement stage, and overall progress exceeded 30%. Saudi Aramco’s Crude Oil Pumping Station Upgrading and Improvement Project (EPC): the project was essentially completed and had entered the finalisation stage. Kazakhstan Silleno Petrochemical Complex Project – Polyethylene and Utilities Project (the “Kazakhstan Silleno PE & UIO Project”): (1) The ethane cracking unit (ECU) project (EPC)’s design had entered the finalisation stage, construction had been fully commenced, and overall progress exceeded 50%. (2) The polyolefin and utilities (PE & UIO) project (EPC) had commenced design and procurement work, and overall progress approached 20%. Kazakhstan Butadiene Project (EPC): the project was at the commencement stage, various preparatory works were progressing in an orderly manner, and overall progress was less than 10%. Algerian LNG/MTBE Project (EPCC): the project’s design and procurement work was substantially completed, construction was approaching the finalisation stage, and overall progress exceeded 90%. Algerian Hassi Refinery Project (EPC): the project was at the peak of design and procurement, construction was at the commencement stage, and overall progress exceeded 20%. Yanbu, Saudi Arabia Green Hydrogen Project (FEED): the project’s overall design progress exceeded 80%. Kazakhstan Sulfuric Acid and Phosphate Fertiliser Project (Pre-FEED): the project was at the commencement stage, and overall design progress exceeded 10%. Malaysia Ammonia Project (FEED): the project’s overall design progress approached 20% Technological Innovation During the Reporting Period, the Group continued to expand the open collaboration in technological innovation. We successfully hosted the 6th Fluid Catalytic Cracking Technology Exchange Conference, the Sulfuric Acid and Phosphate Fertiliser Design Industry Technology Exchange Conference, and the Sinopec Environmental Protection Technology Exchange and Achievement Transformation Seminar, and other industry conferences. We deepened industry-university-research collaborative R&D with multiple research institutes and universities in fields such as high-end carbon materials, biomass gasification, carbon dioxide resource utilisation, hydrogen storage materials and solid waste resource utilisation. During the Reporting Period, the Group’s major scientific and technological achievements included: (1) the “100,000 tonnes/year POE unit” of Sinopec Tianjin achieved mechanical completion, and the “100,000 tonnes/year POE unit” of Zhenhai Refining & Chemical completed detailed design, with the industrialisation of high-end polyolefin materials progressing steadily; (2) the first “million-tonne-scale ethylene technology” licensed to CNPC was calibrated at Jilin Petrochemical, with all indicators better than the design values; (3) the Cangzhou 20,000 tonnes/year organic liquid hydrogen storage project passed acceptance; (4) the world’s first “50,000-tonne-scale carbon dioxide-based poly(propylene carbonate) (PPC) industrialisation unit”, developed through cooperation, successfully produced qualified products, achieving industrialisation of high-value utilisation of carbon dioxide; (5) the “biomass gasification flexible platform construction project” of Hunan Petrochemical achieved mechanical completion, establishing a core technology verification platform for the scaled utilisation of biomass energy; (6) the “basic physical property database for the petrochemical industry” was officially launched, providing query and calculation services for core data resources such as large-scale, high-quality basic physical properties and phase equilibrium experiments; and (7) special work was carried out on the integrated upgrading and promotion of “membrane deaeration” technology. During the Reporting Period, the Group received a total of 35 provincial and ministerial or above level science and technology progress awards (times), of which the project “New Technology for Liquid-Holding Particle Fluidised Bed Ethylene Polymerisation Reaction” received the second prize of the National Science and Technology Progress Award. During the Reporting Period, the Group signed 187 new technology development contracts of various types with a total contract value of RMB320 million, and 70 new technology licensing and technology transformation contracts with a total contract value of RMB256 million. During the Reporting Period, the Group filed 398 new patent applications, of which 309 were invention patents; and 185 newly licensed patents, of which 128 were invention patents. As at the end of the Reporting Period, the Group had 4,774 valid patents, of which 2,673 were invention patents. Application of Advanced Automation Technology During the Reporting Period, the Group’s application rate of automatic welding for process piping continued to increase, and railless crawling welding robots and nine-axis/six-axis pipeline welding robots were widely deployed, among which the first-pass success rate of welding robots at the Maoming Project reached 99.9%. Functional verification of a prototype of confined-space operation robots with multi-source sensor fusion was carried out, and inspection path planning and intelligent recognition algorithm development for safety intelligent inspection robots in multiple scenarios were completed. Pilot initiatives included full-process robotic operations of anti-corrosion inside tanks, intelligent inspection robot dogs, and safety monitoring systems. New energy construction machinery, such as electric forklifts and aerial work platforms, was also promoted. The promotion of Beidou smart construction site development, driving the transformation of project management towards visualised and quantifiable intelligent models. During the Reporting Period, the Jiujiang Aromatics Project undertaken by the Group, relying on design documents and 3D models and using secondary design software and advanced equipment, built an automated, flow-line and information-based piping prefabrication factory, achieving an upgrade from traditional sporadic prefabrication to a process flow-line factory model, with the piping prefabrication ratio approaching 70%. The project fully implemented integrated modular construction, completing the multi-disciplinary integrated installation of 69 structural modules together with equipment, piping, electrical and instrumentation (with a maximum weight of 572 tonnes per single module), significantly improving construction efficiency and intrinsic safety levels. Artificial Intelligence (AI) Applications The Group continues to deepen the integration of AI with its core business, deepening integrated management and practices across collaborative design, supply chain, design constructability studies, and project interface. Through the standardisation of business chain processes, interconnection of data chains and AI applications in the tool chain, we optimises the integrated collaborative working mechanism for engineering construction, providing customers with better full-lifecycle integrated collaborative value-added services. (1) On the design side, professional models have been formed in scenarios such as intelligent review, process safety analysis and structural design, and tangible results have been achieved in plant-wide process optimisation, intelligent drawing and 3D model review. Among them, intelligent design review has been verified and tested in multiple projects; intelligent structural design has been piloted in multiple projects; and the intelligent process safety analysis scenario has completed HAZOP/SIL closed-loop analysis and reporting. (2) On the management side, an intelligent supply chain management system for the full lifecycle of projects has been built. An integrated platform for operation management, project management and construction management has been developed to promote the building of standardised smart construction sites. On the operation management side, management systems such as QHSE and human resources are running online, with intelligent monitoring and early warning of operating indicators such as project progress and contract assets, and the “intelligent contract review” scenario has been piloted. On the project management side, full-lifecycle application integration has been completed and trial operation has been carried out in multiple projects. On the construction management side, an intelligent subcontract resource management system integrating subcontractor information management, assessment and evaluation, contracting planning and on-site supervision, has been built and piloted. (3) On the application side, the collaborative application of 3D design software and intelligent construction equipment is deepened, continuous efforts are made to tackle industrial software such as piping, physical property libraries and process simulation, and the in-depth application and capability iteration of 3D design platforms such as civil design and equipment modelling are promoted. Intelligent Production, Operation and Maintenance The Group continues to expand the breadth and depth of digital plant delivery. We connect the full-lifecycle digital chain of “design – delivery – operation and maintenance”, and accelerates the construction of the “process remote technical support centre” and the “process remote intelligent support service platform”. By integrating dynamic operation data with mechanistic models, we achieve remote diagnosis, predictive maintenance and process optimisation, with deepened application in scenarios such as ethylene, coal gasification and anti-corrosion. In pilot projects, we achieve an increase of 1 to 3 percentage points in the yield of key products such as gasoline and propylene, a reduction of approximately 1.6% in coal consumption of plant operation, and a reduction of over 90% in the reporting burden on plant employees, creating high value-added operation assurance for customers. During the Reporting Period, the value of newly signed contracts for digital delivery and intelligent operation and maintenance exceeded RMB50 million. QHSE Performance Remained Sound As at the end of the Reporting Period, the Group had 2,069 on-going projects with approximately 90,000 on-site employees on average per day; the accumulated safety manhours reached 160 million, with no major safety, quality or environmental incident occurring, and the ESG operational resilience continued to strengthen. During the Reporting Period, the Group carried out a special campaign on material quality, covering key processes such as procurement, supervision and inspection; for the seven core disciplines including civil works, electrical and instrumentation, and piping, it established graded inspection and whole-process traceability mechanisms by work procedure, achieving full coverage of inspection tiers and traceability of quality processes, and continuously progressing towards the goal of “zero defects”. During the Reporting Period, the Group promoted an intelligent identification system for process safety risks, achieving full coverage of supervision and inspection of key projects; it conducted regular special inspections for high-temperature and flood seasons, and improved emergency plans covering 9 major categories including production accidents, public safety and natural disasters. In respect of occupational health, the “Health Management Year” campaign was further deepened, and the physical and mental health of employees was safeguarded through the implementation of personalised health management on a “one plan per person” basis. During the Reporting Period, the Group completed the compilation of the new-version “Green Enterprise Initiative” evaluation indicators and “Green Construction Site” evaluation guidelines, and conducted assessments of green ecological design application for some commenced units. The relevant assessment outcomes will support subsequent optimisation of design standards and achievement of intrinsic environmental protection. Business Outlook In the second half of the year, the Group will focus on four key directions and exert great effort to achieve the full-year targets with high quality, thereby continuously strengthening the operational foundation for Shareholder returns. Cultivate a Comprehensive Market Layout The market development targets of the Group for 2026 are newly signed contract amount of RMB55 billion in domestic market and USD5 billion in overseas market. The Group will firmly extend towards the front end of the engineering industrial chain and high-end of value chain, continuously enhancing high-end service capabilities such as consultancy, FEED and detailed design; give full play to the integrated collaboration advantages of the entire industry chain, create higher value for customers with full-lifecycle holistic solutions, and build a market development pattern with a solid traditional core business, sustained emerging drivers, and domestic-overseas coordination. In the domestic market, the Group will seize opportunities in areas such as coal-to-oil/gas, refining and chemical upgrading, and new materials and vigorously expand into the new energy sector to steadily increase market share. In overseas markets, the Group will further consolidate its presence in key regions such as the Middle East, Central Asia, and North Africa, actively expand into emerging markets, and firmly seize the opportunities arising from regional development and industrial recovery. The Group will accelerate its expansion into new low-carbon sectors including green hydrogen, green ammonia, and SAF, thereby promoting improvements in both scale and quality of its international business. The Group will continue to develop its emerging business and push forward in tracks such as chemical new materials, green hydrogen/ammonia/methanol, biomass energy, inorganic chemicals, energy conservation and environmental protection, aiming to build a diversified second growth curve. Enhance Project Profitability Deepen full-lifecycle operation and control. Continuously carry out design optimisation and precisely reduce project investment costs. Vigorously promote modular design, factory prefabrication and on-site assembly construction, with the automatic welding application rate further increased by 3 percentage points; promote smart construction sites, welding robots and other intelligent equipment, deepen the scenario implementation of AI in design optimisation and project management, and continuously improve management efficiency and reduce operating costs. Refined supply chain and settlement management. Intensify the cultivation of strategic subcontractors and tap the synergy benefits of the supply chain. Increase coordination with Chinese suppliers and logistics providers to reduce procurement costs; accelerate the establishment of the overseas project procurement management system and overseas low-cost operation centres. Focus on full-lifecycle cost control and close-out review of key overseas projects, systematically summarise experience and lessons, and continuously improve the operation and management level of international projects. Strengthen Core Technological Advantages Focusing on key directions such as low-cost refining, biomass gasification, SAF, recycling and high-value utilisation of waste polymer materials, high-performance polyolefins, energy conservation and emission reduction and green and low-carbon development, and intelligent refineries, the Group will coordinate the optimisation of technology sources and engineering technology R&D. It will intensify the market promotion and brand building of its competitive technologies, create markets through technology, and continuously enhance the Company’s core influence and voice in the industry. The Group will enhance systematic engineering transformation capabilities, deepen open industrial cooperation, strengthen the integrated synergy among research and development, design, manufacturing and construction, and expedite the industrialisation and commercial application of innovative achievements. The Group will continue to promote the in-depth integration of digital and intelligent technologies with the core business. Taking intelligent design and intelligent manufacturing as the starting point, vigorously promote the integrated application of artificial intelligence across the entire industry chain, accelerate breakthroughs in key technologies for the localisation of engineering software, improve the intelligent technology platform system, and facilitate the efficiency upgrade of the entire engineering chain collaboration. Strengthen Risk Prevention and Control Build a full-lifecycle “comprehensive risk control” system. Strengthen advance risk management to the project’s earlier stage, and strictly implement project initiation review and decision-making procedures. Continuously strengthen overseas public security, compliance, and fiscal and tax risk management; establish dynamic early warning and emergency plan mechanisms for macro risks such as geopolitics. The Group will enhance the monitoring of financial and operational risks, and strictly control various risks including capital, foreign exchange, and taxation. The Group will also implement whole-process and all-factor cost control, expedite the settlement of completed projects and the repatriation of overseas funds, thereby safeguarding the sound and stable operations of the Company. Summary of Financial Data and Indicators Prepared in Accordance with International Financial Reporting Standards (“IFRS”) Unit: RMB’000 Items As at 30 June 2026 As at 31 December 2025 Changes from the end of 2025 (%) Current assets 83,479,293 83,609,910 (0.2) Non-current assets 7,540,256 7,809,868 (3.5) Total equity attributable to equity holders of the Company 31,934,736 31,913,953 0.1 Net assets per share attributable to equity holders of the Company (RMB) 7.27 7.26 0.1 Unit: RMB’000 Items For the six months ended 30 June Changes over the same period of 2025 (%) 2026 2025 Revenue 35,624,371 31,618,910 12.7 Gross profit 2,739,642 2,604,151 5.2 Operating profit 1,076,392 1,163,909 (7.5) Profit before taxation 1,440,322 1,613,762 (10.7) Net profit attributable to equity holders of the Company 1,137,149 1,386,836 (18.0) Basic earnings per share (RMB) 0.26 0.32 (18.0) Net cash flow generated (used) / from in operating activities (959,002) 3,299,934 - Net cash flow generated (used) / from in operating activities per share (RMB) (0.22) 0.75 - Items For the six months ended 30 June 2026 2025 Gross profit margin (%) 7.7 8.2 Net profit margin (%) 3.2 4.4 Return on assets (%) 1.3 1.6 Return on equity (%) 3.6 4.3 Return on invested capital (%) 3.6 4.4 Items As at 30 June 2026 As at 31 December 2025 Asset-liability ratio (%) 64.8 65.0 ~ End ~ This press release is issued by PRChina Limited on behalf of SINOPEC Engineering (Group) Co., Ltd. About SINOPEC Engineering (Group) Co., Ltd. The Group is a comprehensive service provider covering the entire energy and chemical industry value chain and full project lifecycles. With over 70 years of history, it operates across multiple industrial sectors, including petroleum refining, petrochemical, aromatics, new coal chemical, inorganic chemical, pharmaceutical chemical, clean energy, storage and transportation facility, as well as environmental protection and energy conservation. The Group is committed to providing global clients with full industry chain services, including engineering R&D, technical consulting, technology licensing, engineering consulting, engineering design, project management, financing and EPC (engineering, procurement and construction) contracting. Its services also cover material procurement, equipment manufacturing, construction and installation, large-scale equipment lifting and transportation, pre-commissioning and commission services as well as operation and maintenance. The Group has delivered, on schedule, hundreds of modern chemical plants featuring large investment scales, complex processes, advanced technologies and high-quality standards for clients in more than 30 countries and regions. Over the years, it has built extensive and stable client relationships and earned significant industrial influence and social recognition. Disclaimer This press release includes “forward-looking statements”. All statements, other than statements of historical facts that address activities, events or developments that the Group expects or anticipates will or may occur in the future (including but not limited to projections, targets, other estimates and business plans) are forward-looking statements. The Group’s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to the price fluctuation, possible changes in actual demand, foreign exchange rate, market shares, competition, environmental risks, possible changes to laws, finance and regulations, conditions of the global economy and financial markets, political risks, possible delay of projects, government approval of projects, cost estimates and other factors beyond the Group’s control. In addition, the Group makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. Investor and Media Enquiries: SINOPEC Engineering (Group) Co., Ltd. Office of the Board Tel: (86) 10 5673 0525 Email: seg.ir@sinopec.com PRChina Limited Jin LIU / Liky GUO Tel: (852) 2522 1838 / (852) 2522 1368 Fax: (852) 2521 9955 Email: seg@prchina.com.hk 16/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Diagens Tech (02526.HK): Model‑as‑a‑Service Revenue Surges 101.1% Year‑over‑Year; Commercial Rollout of Its Medical Imaging AI Platform Gathers Momentum

EQS via SeaPRwire.com / 11/08/2026 / 13:55 UTC+8 On August 7, Diagens Technology Co., Ltd. (02526.HK, Diagens‑B, “Diagens Tech”) released its interim results for the six‑month period ended June 30, 2026. During the reporting period, Diagens Tech (the “Company”) posted revenue of RMB 108.7 million, up 21.0% year‑over‑year; gross profit reached RMB 80.504 million, representing a 14.0% year‑over‑year increase, with an overall gross margin of 74.1%. Among revenue streams, model‑as‑a‑service revenue hit RMB 94.541 million, jumping 101.1% year‑over‑year and accounting for roughly 86.9% of total revenue, emerging as the key driver of topline growth for the period. Scaling revenue from model‑as‑a‑service underscores the steady commercial momentum of the Company’s platform-based business model built around its foundational large models for medical imaging. As a tech company revolutionizing medical diagnostics with AI, Diagens Tech has built a world‑leading “R&D and production acceleration platform” for medical imaging AI anchored on its self‑developed foundational medical imaging model iMedImage®. It combines massive hospital imaging datasets with clinician expertise to rapidly incubate AI‑powered diagnosis assistance models. Its core competitive edge lies in the reusability of its foundational model: one underlying framework works across imaging modalities, organs, diseases and clinical use cases, enabling efficient iteration of specialty‑specific models without building solutions from scratch. Launched after the reporting period, iMedLoop™ links critical workflows including data acquisition, professional annotation, model training and evaluation, release and deployment, and real‑world application feedback, creating a sustainable loop: foundational model – specialty‑specific model – services and products – real‑world feedback – model iteration. From a business model perspective, the Company operates two core business lines: model‑as‑a‑service and intelligent medical imaging products. The former empowers clients to translate data and expertise into functional AI models. The latter turns proven models into regulatory‑compliant medical software and devices integrated into routine clinical workflows, delivering a full value chain from technology enablement to real‑world implementation. Diagens Tech is accelerating its transition from a development stage focused on isolated technical capabilities and project‑level validation toward a new commercial phase defined by reusability, scalability and continuous iteration. During the reporting period, Diagens Tech further shifted its business focus toward model services. Revenue from model‑as‑a‑service rose from RMB 46.96 million in the same period last year to RMB 94.541 million. Its offerings cover model and technology licensing, cloud‑hosted iMedMaaS® services, and on‑premises SCTI all‑in‑one appliances for storage, computing, training and inference, catering to diverse hospital requirements for cloud access, data security and on-premises deployment. The Company redefined this revenue stream from “technology licensing” to “model‑as‑a‑service” in the current period. There have been no material changes to underlying business activities or revenue recognition methodologies. The updated label better reflects the current service portfolio and business development. Aligned with the full end‑to‑end workflow of medical imaging AI - spanning data processing, model R&D and real‑world adoption - Diagens Tech keeps strengthening its medical imaging AI R&D and production acceleration platform. The iMedImage® foundational medical imaging model delivers reusable image comprehension and reasoning capacity. iMedStudio™ handles data processing, professional annotation, manual revision and QC review. iMedMaaS® enables training, publishing and deployment of specialty‑specific models, while DoctorBench® assesses model performance, safety and operational boundaries. Collectively, these modules form the core technical backbone of the R&D and production platform. After the reporting period, these components have been orchestrated by iMedLoop™ into one cohesive end‑to‑end system. As of the announcement release date, more than 3,000 professionals have participated in iMedLoop™, with roughly 28.95 million annotated samples accumulated. As of June 30, 2026, the Company had completed 158 model-related projects in partnership with 99 hospitals, including 65 Grade‑3 Class‑A hospitals, covering 43 human organs/anatomical sites and 61 disease categories. These collaborative projects continuously build up real‑world assets: specialty task definitions, evaluation methodologies, deployment know‑how and clinical practitioner feedback. This practical foundation supports ongoing model iteration and future project delivery, while broadening the scope of medical imaging tasks addressable via the platform. Within the medical imaging AI sector, commercialization strategies are diverging sharply. One group builds businesses around the sales of imaging hardware, rolling out AI as a value‑adding feature bundled with physical devices. Another group focuses on disease‑specific vertical models, pursuing commercialization through disease‑by‑disease R&D, regulatory registration and product sales. Adding new disease indications typically requires fresh data preparation, model development and regulatory validation. Diagens Tech has adopted a platform‑based foundational model strategy. The shared technical foundation of iMedImage® enables multi‑task reuse. iMedLoop™ links data governance, model training, evaluation, deployment, feedback and iteration. This strategy steadily brings down development and delivery costs for additional specialty‑specific clinical tasks. As more Class III medical device products gain regulatory approval, standalone algorithms are no longer the primary scarce asset. Competitive moats are shifting away from the accuracy of isolated models toward full‑stack platform capabilities - compliant data use, industrialized model production, regulatory‑compliant commercialization and real‑world clinical delivery. Looking at industry evolution, companies with closed‑loop capabilities spanning data governance, model R&D and clinical deployment are best positioned to capture opportunities arising from medical imaging AI industrialization and market‑driven deployment of healthcare data assets. Accounting for roughly 86.9% of total first‑half revenue, Diagens Tech’s model‑as‑a‑service business demonstrates that the Company has built a proven end‑to‑end “data‑model‑clinic” commercial value chain, with its platform‑centric capabilities now undergoing scalability validation. On the regulatory front, on May 19, 2026, Diagens Tech’s AI AutoVision® karyotyping image‑aided diagnosis software secured the Class III medical device registration certificate issued by the National Medical Products Administration (NMPA). This product assists segmentation, counting, identification, rearrangement and suspected‑anomaly flagging for G‑banded karyotype images from peripheral blood and amniotic fluid samples, with all outputs subject to review by qualified professionals. This regulatory clearance further validates Diagens Tech’s capacity to translate foundational medical imaging model capabilities into regulatory‑grade medical device offerings, moving its flagship product past regulatory review and into the commercial launch phase. To strengthen its long‑term technology and product foundations, Diagens Tech recorded R&D expenses of RMB 64.118 million in the first half, representing a 67.4% year‑over‑year increase. Investment priorities included upgrades to its foundational medical imaging model, specialized workflows and high quality data governance, model performance evaluation, full lifecycle management for core products, and R&D for pipeline products. At period‑end, the Company held roughly RMB 655 million in cash and cash equivalents, net current assets of approximately RMB 701 million, and a debt‑to‑asset ratio of around 13.0%, providing solid backing for future R&D spending and commercialization initiatives. During the results briefing, SONG Ning, Founder and Chairman of the Board of Diagens Tech, outlined three evolutionary phases for global medical imaging AI. The 1st phase is broad adoption of AI‑assisted diagnostics. Approximately 14,000 existing medical imaging diagnostic workflows across 3,000 categories are gradually shifting expert‑only interpretation toward AI-assisted workflows, lifting diagnostic efficiency and accuracy while extending high quality diagnostic capacity to grassroots medical institutions. The 2nd phase has already commenced and is expected to accelerate over the next two years. AI will enable entirely new imaging‑based clinical interventions. Use cases include ultrasound‑driven prediction of fetal preterm birth risk, AI-aided delivery mode assessment, and early directional prognosis judgment for tumor drug treatment derived from imaging analysis. The total number of relevant clinical workflows is projected to exceed 16,000. The 3rd phase is set to mature over the next four to six years, marked by deep integration between large imaging models and large language models. This will take public health management systems to the next level, delivering more efficient, precise and inclusive health services for all. On capital market developments: per Hang Seng Indexes Company’s quarterly review schedule and market forecasts, Diagens Tech is viewed as a potential candidate for inclusion in the Hang Seng Composite Index in this round of adjustments. Review outcomes are expected to be announced in late August. Should the Company secure inclusion, it may qualify for Stock Connect trading upon the September index re‑constitution. Successful index inclusion would likely draw broader mainstream investor attention and improved liquidity for the Company’s platform‑driven commercialization strategy. Diagens Tech stated it will keep driving technical iterations centered on iMedImage®, enhance iMedLoop™ capabilities in data generation, model training, evaluation, deployment services and real‑world feedback. It will push ahead with productization and large‑scale delivery of its model‑as‑a‑service offerings. It will further accelerate commercial rollout, overseas registration and indication expansion for AI AutoVision®, alongside progress across its in‑development product pipeline. Leveraging its platform strengths, Diagens Tech will capitalize on opportunities arising from medical imaging AI industrialization and market‑driven deployment of healthcare data assets, fueling the global medical imaging sector’s shift to intelligent clinical workflows. 11/08/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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