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SAN DIEGO, Nov 4, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI), the world leader in uncrewed aircraft systems, is excited to participate in the upcoming 25th anniversary of the International Fighter Conference as the event's only Four-Star Lead Partner, reflecting the company's global commitment to the future of autonomous fighter jets.GA-ASI's growing production fleet of unmanned combat jets - including the MQ-20 Avenger®, XQ-67A Off-Board Sensing Station, and YFQ-42A Collaborative Combat Aircraft - is defining the global future of autonomous and semi-autonomous combat jets, leading the way in autonomy development, manned-unmanned teaming, and affordable, rapid delivery at scale. The company's vision for its Gambit Series of modular, scalable, uncrewed fighters paves the way for U.S. forces, allies and partners to quickly evolve global air forces for the future fight.Publicly promising to build and fly a production-representative uncrewed jet fighter for the U.S. Air Force by summer 2025, GA-ASI launched its YFQ-42A CCA in August, pioneering a new era for fighter jets. Flight operations continue today across the growing fleet, cementing GA-ASI's continued dominance in UAS development and delivery while meeting anticipated timelines and remaining true to its word."The YFQ-42A is a revolutionary aircraft, and the fleet is in production and in the air today," said David R. Alexander, president of GA-ASI. "This isn't a ‘wait and see' moment. We're flying. We're delivering. And we're advancing this future of combat aviation, the same way we have for more than three decades."Since 1992, GA-ASI has delivered more than 1,300 combat aircraft to U.S. forces and international partners, surpassing more than 9 million total flight hours in 2025. The company's Predator®, Reaper®, Gray Eagle®, SkyGuardian® and SeaGuardian® aircraft continue to set the standard for medium-altitude, long-endurance UAS performance.The company's MQ-20 Avenger, an internally funded uncrewed combat jet that achieved first flight in 2009, continues to serve as a test bed for advanced autonomy integration and demonstration, incorporating and flying the latest cutting-edge software from U.S. government sources, leading industry suppliers and GA-ASI's own autonomy software development teams, often at company expense.For International Fighter Conference, Nov. 4-6 in Rome, GA-ASI plans to offer attendees a chance to see the future for themselves, with a full-scale model display of the YFQ-42A CCA co-located inside the show venue and other announcements. For more information on IFC 2025, visit https://www.defenceiq.com/events-internationalfighter.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 9 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc.Related Images Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

LOS ANGELES, CA, Nov 3, 2025 - (ACN Newswire via SeaPRwire.com) - Pacific Avenue Capital Partners ("Pacific Avenue"), a leading global private equity firm focused on corporate carve-outs and other complex situations in the middle market, today announced it has completed the acquisition of FLSmidth Cement A/S ("FLSmidth Cement" or "Company"), from FLSmidth & Co. A/S (CPH:FLS) ("FLSmidth"). With the completion of the transaction, FLSmidth Cement will operate under the new name Fuller Technologies ("Fuller"), marking the beginning of its next chapter as an independent, technology-driven leader serving the global cement sector. Fuller is a leading solutions provider for the cement production industry focused on providing aftermarket parts and services to as well as new and replacement equipment for cement plants around the globe. The Company has manufacturing locations in North America, Europe, and Asia, and its global installed base spans over 1,400 of the world's approximate 2,700 cement plants.With more than 140 years of experience, Fuller delivers comprehensive solutions that cover the entire cement production process, from plant entry to final output. The company provides customers with a broad range of equipment and software designed for both conventional and sustainable cement production, including crushers, mills, kilns, feeders, loading systems, pneumatic conveyors, and automation controls. Beyond production, Fuller also supports its long-standing clients with an extensive portfolio of aftermarket parts and services, ensuring full lifecycle coverage for its equipment.With Pacific Avenue's support, Fuller will focus on reinforcing its reputation as a trusted partner to its customers by deepening relationships and aligning more closely with their evolving needs. The Company is positioned to execute a broad set of strategic growth initiatives across its capital equipment and service delivery offerings, serving both cement production and complementary industries. By leveraging its technical expertise, innovative products, and services, Fuller will continue to drive value creation and sustainable expansion for its customers across the globe."We are proud to welcome Fuller Technologies into our portfolio. This transaction highlights Pacific Avenue's expertise in executing complex, cross-border carve-outs and supporting global businesses in achieving sustainable, long-term growth. We take pride in being the go-to solution provider for sellers seeking a seamless transition and a strong foundation for their businesses to thrive as independent companies. Under the Fuller name, the team is well-positioned to build on its rich legacy, expand its global reach, and continue delivering the innovative, mission-critical solutions that cement producers around the world rely on."-Chris Sznewajs, Founder and Managing Partner of Pacific AvenueIn addition, Pacific Avenue announced Dennis Cassidy as the new CEO of the Company, effective immediately. With a career spanning more than three decades, Mr. Cassidy is a proven industrial executive with a track record of transforming complex, global businesses through disciplined growth, operational efficiency, and large-scale transformation initiatives."This is an exciting moment for our company. As Fuller Technologies, we are embracing our legacy while charting a bold path forward as an independent leader in cement production solutions. In partnership with Pacific Avenue, we are energized to deepen our customer relationships, accelerate innovation, and expand our solution offerings. Our commitment to delivering high-performance, sustainable technologies remains unwavering, and we look forward to shaping the future of the industry together with our customers."-Dennis Cassidy, CEO of Fuller TechnologiesJ.P. Morgan served as the buy-side M&A advisor, McDermott Will & Schulte served as the buy-side legal advisor, J.P. Morgan and Citi provided acquisition financing, and KPMG provided buy-side accounting and tax services.About Pacific Avenue Capital PartnersPacific Avenue Capital Partners is a global private equity firm, headquartered in Los Angeles with offices in Paris, France. The Firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the Firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has approximately $3.8 billion of Assets Under Management (AUM) as of August 31, 2025 (based on Q2 2025 valuations presented pro forma for the Fund II and sidecar closings). The members of the Pacific Avenue team have closed over 120 transactions, including over 50 corporate divestitures, across a multitude of industries throughout their combined careers. For more information, please visit www.pacificavenuecapital.com.About FLSmidthFLSmidth is a full flowsheet technology and service supplier to the global mining industry. The company enables its customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is its sustainability ambition towards zero emissions in mining by 2030. FLSmidth works within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining industry and aim to become carbon neutral in its own operations by 2030. Visit www.fls.com.Contact InformationChris BaddonPrincipalcbaddon@pacificavenuecapital.comSOURCE: Pacific Avenue Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

The $14.1 million project, announced at the G7 Energy and Environment Ministers' Meeting, unites Canadian, Ukrainian, and American partners to produce ultra-high-purity graphite for global battery, defence, and advanced-material markets.Ottawa, Ontario--(ACN Newswire via SeaPRwire.com - November 3, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce that it has been selected by Natural Resources Canada ("NRCan") under the Global Partnerships Initiative ("GPI") for conditional approval of a non-repayable contribution of up to $14,062,500 pending final due diligence. The funding will support Focus Graphite's project, "Transformation of Canadian Flake Graphite into Ultra-High Purity Battery & Advanced Materials Using Electrothermal Fluidized Bed Technology" (the "Project"). The Project unites Canadians, Ukrainian, and American partners to produce ultra-high purity graphite for global battery, aerospace, defence, and advanced material markets.Highlights:Up to $14.1 Million Non-Repayable Federal Contribution Funding: Announced by the Honourable Tim Hodgson, Minister of Energy and Natural Resources, at the G7 Energy and Environment Minister's Meeting in Toronto under NRCan's Global Partnerships Initiative (GPI), to support the establishment of Canada's first commercial, scalable electrothermal fluidized bed purification demonstration facility, advancing domestic critical mineral processing capacity and creating skilled Canadian jobs.Environmentally Friendly Technology: This continuous process produces ultra-high purity graphite with zero liquid waste, lower emissions, and an ESG-aligned pathway to supply advanced battery, defence, aerospace, and clean technology markets.International Collaboration: Engineering led by Ukraine's Thermal & Material Engineering Center, using Canadian graphite feedstock and U.S.-based American Energy Technologies Company's expertise in electrothermal purification, with final assembly in Canada.BEACONS Battery Prototyping Partnership: Focus has partnered with the University of Texas at Dallas, representing the BEACONS Battery Prototyping Facility, a U.S. Department of War-supported research and development center dedicated to strengthening North American energy and materials security.Path to Commercialization: This initiative establishes the foundation for large-scale production of Quebec-sourced graphite from Lac Knife and Tetepisca, supporting Canada's goal of secure, allied, and sustainable critical-mineral supply chains.This represents the largest federal award in the Company's history, supporting the development of Canada's first chemical-free continual fluidized electrothermal purification demonstration facility for natural flake graphite. The Project will use Quebec-sourced feedstock from Focus's Lac Knife and Lac Tetepisca deposits, two of North America's highest-grade natural graphite resources, to produce ultra-high-purity (>99.95% C) graphite, suitable for battery, aerospace, defence, nuclear and a host of advanced-material applications, including graphene. The Company may access the contribution funding up until March 2028.The continuous electrothermal fluidized bed technology initiative will be carried out through collaboration with Ukraine's Thermal & Material Engineering Center ("TMEC"). TMEC will lead full project management for the demonstration unit, overseeing engineering design, construction, fabrication, system integration, and training. The company brings extensive experience in the design, engineering, and management of advanced high-temperature reactor systems and continuous fluidized bed technology development. American Energy Technologies Company ("AETC"), a recognized specialist in carbon materials, electrothermal purification, and fluidized bed furnace technologies, will continue providing processing and thermal purification services to support near-term customer sampling and product qualification.Over the past several years, the Company has invested substantial time and capital to de-risk the purification pathway, working with U.S.-based AETC to validate the process on Lac Knife graphite feedstock. Detailed characterization confirmed that impurities in Focus's natural flake graphite occur predominantly along the flake boundaries rather than within the crystalline lattice, a feature that makes the material particularly responsive to high-temperature electrothermal purification. Using AETC's proprietary electrothermal fluidized-bed furnace, Focus successfully achieved over 99.999%+ C (five-nine purity or nuclear grade) without any chemical reagents. These results validated the scalability and environmental integrity of the process, laying the foundation for today's GPI-funded demonstration facility and its potential extension into rare earth element (REE) purification applications. As construction of the Canadian demonstration facility proceeds, Focus expects to continue working closely with AETC to purify additional material through its commercial-scale furnace, supporting near-term customer sampling, product qualification, and market off-take engagement. This parallel commercialization strategy ensures uninterrupted material availability while advancing the Company toward domestic electrothermal processing capacity.This initiative will also strengthen several ongoing partnerships, including Focus Graphite's upcoming work with the University of Texas at Dallas's BEACONS ("BEACONS") Battery Prototyping Facility, a U.S. DoW-supported research and development center dedicated to strengthening North American energy and materials security battery prototyping facility, which will accelerate the development, validation, and commercialization of this green purification technology. BEACONS will independently evaluate and qualify Focus's purified graphite and siliconized anode materials for defence and dual-use battery applications.Collectively, these collaborations represent the first of several anticipated global partnerships, combining Ukrainian engineering innovation, Canadian critical-mineral resources, and U.S. defence-focused validation, as Focus Graphite advances its strategy to ship purified material worldwide for testing, validation, and qualification across commercial, aerospace, and defence markets."We are grateful to NRCan for its support and vision in assisting Focus Graphite and companies like ours in achieving our shared goal of securing North American supply chains for Canada and its G7 partners," said Dean Hanisch, CEO of Focus Graphite. "This project represents Canada's first commercial, scalable, continuous electrothermal fluidized bed purification system, powered entirely by renewable hydroelectricity and operating without the use of chemicals. NRCan's financial support is instrumental in advancing this breakthrough initiative, helping to accelerate domestic processing capacity and strengthen Canada's position in the global critical minerals sector. It marks a significant step toward building a sustainable ecosystem that supports advanced battery, defence, aerospace, and clean technology applications.""Research and development are at the heart of building resilient and sustainable critical mineral supply chains. Through the G7 Critical Minerals Action Plan, we are collaborating with trusted international partners to advance innovative projects - like the work led by Focus Graphite - that reduce environmental impacts, maximize production and strengthen Canada and our allies' competitive edge," said the Honourable Tim Hodgson, Minister of Energy and Natural Resources."Research and development are the driving forces behind Canada's leadership in critical minerals. Through strategic collaboration with international partners and innovative companies like Focus Graphite, we are accelerating breakthroughs across the supply chain - from exploration to processing - ensuring our solutions are sustainable, competitive and globally impactful," added Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources.Engineering Partnership with TMEC: Building Canada's First Electrothermal Purification SystemFocus has entered into a formal Memorandum of Understanding ("MOU") with Thermal & Material Engineering Center LLC ("TMEС") on October 6, 2025, to engineer, project manage and deliver the installation of a demonstration-scale electrothermal fluidized bed ("EFB") furnace capable of continuous purification of natural graphite at industrial temperatures exceeding 2,500 °C.Under the MOU:TMEC will design and engineer the complete EFB system, including process flowcharts, power and gas management, automation, and control integration.The furnace and all components will be fabricated and constructed locally in Canada under TMEC's technical supervision, allowing Focus Graphite to build domestic expertise, ensure secure project delivery, and support local economic development.The system will be designed for 100 kg/hour capacity, providing the foundation for a scalable commercial demonstration facility in Baie-Comeau or Sept-Îles, Quebec.Focus Graphite will retain full operational ownership, including unrestricted commercial use of the system and all purified graphite output.TMEC will provide operational training, documentation, and process integration know-how, ensuring effective technology transfer to Focus Graphite and contributing to the development of long-term technical expertise and manufacturing capability within Canada."Thermal & Material Engineering Center LLC is proud to collaborate with Focus Graphite Inc. and deeply appreciates the support of the Government of Canada in fostering strong partnerships between Ukraine and Canada. This cooperation not only strengthens our industrial and technological ties but also contributes to supporting Ukraine's economy during a pivotal time. We are excited to work alongside Focus Graphite to bring this innovative and environmentally friendly graphite purification technology to Canada. This project advances chemical-free processing of critical minerals and supports Canada's goals of building secure, sustainable, and resilient North American supply chains", said Simon Hubynskyi, CEO.BEACONS Collaboration: North American Validation for Advanced Battery and Defence ApplicationsIn parallel to its engineering partnership with TMEC, Focus has entered a non-binding Letter of Intent ("LOI") on October 20, 2025 with The University of Texas at Dallas, representing the BEACONS Battery Prototyping Facility, a U.S. DoW supported research and development center dedicated to strengthening North American energy and materials security.The project overview outlines a multi-phase validation program designed to demonstrate the performance of Focus's purified anode materials in U.S. DoW standard battery systems.Phase I: DoW-Standard 18650 Cell Prototyping: BEACONS will fabricate and test 18650-format lithium-ion battery cells using Focus Graphite's purified natural flake graphite as the anode material. The program aims to generate statistically significant performance data including cycle life, energy density, and charge-retention metrics to establish a validated, North American source of graphite anode material suitable for integration into U.S. and Canadian defence and energy platformsPhase II: Siliconized Graphite Development: BEACONS intends to collaborate further with Focus Graphite to develop a next-generation siliconized graphite anode, utilizing Focus's patent pending process and a North American-sourced, non-silane silicon feedstock. This program will prototype Unmanned Aerial Systems (UAS)-standard pouch cells, with the goal of creating a commercially viable, high-energy-density anode that advances energy storage capabilities for both the U.S. DoW and Canada's Department of National Defence ("DND").Network-Wide Integration: Upon successful validation, the purified graphite will be made available through BEACONS' network of users which includes cell manufacturers, equipment developers, and academic researchers-for further testing with complementary cathode and electrolyte systems, reinforcing cross-border supply-chain interoperability.This collaboration positions the Company at the center of North American anode-material validation, linking Canadian upstream resources to U.S. defence-grade testing and commercialization pipelines. Beyond these initial efforts, both parties recognize the potential to expand into testing and validation of additional advanced materials within BEACONS' network, creating a foundation for ongoing joint research and product development across the allied energy and defence ecosystem."We identified BEACONS as the ideal collaborator for this vertical given its DoW supported mandate to validate next-generation energy materials under real-world defence and flight-system testing standards," said Jason Latkowcer, VP Corporate Development. "For investors and allied industries, this collaboration represents a gateway for Focus Graphite into North American and NATO supply chains, helping reduce dependency on adversarial sources and ensuring that critical defence and aerospace equipment are never reliant on foreign-controlled materials.""The G7's focus on critical minerals highlights the urgency of strengthening domestic energy infrastructure. This collaboration positions UT Dallas's BEACONS as a hub where innovative materials meet rigorous testing and validation, translating promising technologies into deployable solutions for the North American market," said Dr. Joseph Pancrazio, VP for Research and Innovation at UT Dallas.Advancing Canada's Strategic and Environmental Independence in Critical MineralsThe GPI funding will help Canada strengthen secure and low-carbon critical mineral supply chains while reducing dependence on purification infrastructure currently dominated by other countries. Using electrothermal fluidized-bed technology, Focus will demonstrate a clean and scalable purification process.This project aligns with the goals of Canada's Critical Minerals Strategy by establishing a domestic purification capability for Canadian-sourced graphite. It will create skilled jobs, support regional economic development, and enable Canadian-controlled production of battery-grade materials. By building this homegrown purification capacity, Focus is helping Canada and its allies process and qualify critical materials within North America, advancing environmental responsibility, energy security, and manufacturing resilience.Expanding Allied Market Access and Global Qualification PathwaysThrough this GPI-funded initiative, Focus will produce and distribute qualification samples to G7 and NATO-aligned partners. The project will also establish Canada's first commercial-scale graphite purification hub, offering mines, research institutions, and manufacturers a sustainable alternative to imported materials. This initiative directly addresses Canada's upstream bottleneck in establishing domestic large-scale purification capacity, and complements Ottawa's Critical Minerals Strategy. Focus looks forward to updating local First Nations communities as the Project advances, to explore opportunities for participation, collaboration, and shared economic benefits in the spirit of respect and partnership.Focus's electrothermal platform is designed for clean, high-temperature purification of graphite and, over the longer term, may be adaptable to rare earth element (REE) purification. Current REE processing already uses thermal and pyrometallurgical techniques such as vacuum distillation, molten-salt electrolysis, and fluidized-bed calcination to achieve ultra-high purities. As the demonstration advances, Focus plans to collaborate with Canadian research institutions (e.g. the National Research Council of Canada) to explore how its electrothermal technology could apply to selective impurity removal and de-oxidation in REE flowsheets, potentially opening new avenues for clean, domestic processing of strategic materials.Qualified PersonDr. Joseph Doninger, Focus Graphite's Director of Technology and Manufacturing is the Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects - has reviewed and approved the technical content of this news release. Dr. Doninger is the developer and co-developer of a number of U.S., European and Canadian patents related to carbon processing methodologies and processing equipment. Also, a chemical engineer, Dr. Doninger is the author and co-author of some two dozen technical papers and studies related to graphite composite anodes; carbon-based materials for electrochemical energy storage systems; advanced graphite for Lithium-ion batteries and other related publications.About the Global Partnerships Initiative (GPI)Administered by Natural Resources Canada (NRCan), The GPI program fosters international collaboration on critical mineral development and technology deployment that enhance Canada's leadership in sustainable resource processing, value-added manufacturing and supply-chain security.About Thermal & Material Engineering Center LLC (TMEC)TMEC is a leading engineering company specializing in the development and implementation of innovative, science-driven technologies in thermal engineering, thermal processing, chemical catalysis, and materials science. TMEC serves industrial enterprises and research laboratories worldwide.TMEC's base spans across the EU (Belgium, France, Ireland, Poland, Slovenia), North America (the U.S., Canada), and Australia.As of today, TMEC offers a wide range of engineering services, including laboratory research, prototype validation, the design of laboratory and industrial equipment, and the implementation of technological solutions in various industries.For more information on TMEC please visit https://tmec.com.uaAbout BEACONS BEACONS fast-tracks energy storage innovation to reclaim domestic authority, closing critical battery technology and manufacturing excellence gaps. Its IP-secure prototyping facilities deliver trusted results, helping companies scale faster, build resilient supply chains, and bolster national security.Based at The University of Texas at Dallas, BEACONS works with U.S. companies to drive transformative energy storage solutions essential to defense, industry growth, and economic stability from mining to cells to systems.Supported by the Department of War's Office of Industrial Base Policy and its Manufacturing Capability Expansion and Investment Prioritization (MCEIP) office, BEACONS plays a key role in the Pathfinder program, accelerating the adoption of new technologies, onshore manufacturing capabilities, and workforce readiness to strengthen America's energy leadership.For more information on BEACONS please visit https://beaconsusa.orgAbout American Energy Technologies Co. (AETC).American Energy Technologies Co. (AETC) is a woman-owned, privately-held business which conducts operations out of the greater Chicago area. In its Wheeling, IL facility, AETC operates three business units: a manufacturing plant making battery-ready graphite and carbon materials, a pilot demonstration facility for battery materials and graphite dispersions, and a fully functional applications laboratory supporting the above business units.AETC works with industrial partners and manufacturing groups worldwide, including the U.S. Department of War, to ensure materials meet performance standards and strategic requirements. Their facilities are equipped for testing, downstream processing, AI-driven manufacturing and carbon material development.For more information on AETC please visit https://www.usaenergytech.comAbout Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Focus Graphite's flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.Focus Graphite's Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, they go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Focus Graphite's commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comLinkedIn: https://www.linkedin.com/company/focus-graphite/X: https://x.com/focusgraphiteInvestors Contact: Dean Hanisch CEO, Focus Graphite Inc. dhanisch@focusgraphite.com +1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits and potential outcomes of the Global Partnerships Initiative ("GPI") funding award; the design, construction, and commissioning of the Company's proposed electrothermal purification demonstration facility; the timing, scope, and success of collaborations with the Thermal & Material Engineering Center LLC ("TMEC") of Ukraine, the University of Texas at Dallas's BEACONS battery prototyping facility, and American Energy Technologies Co. ("AETC"); the ability of these partnerships to achieve stated technical, engineering, or commercial objectives; and the possible adaptation of the Company's electrothermal technology to rare earth element purification. Forward-looking information also includes statements regarding the Company's expectations concerning the scalability, cost-effectiveness, environmental performance, and commercial viability of its purification process; its ability to advance into future project phases or secure additional funding; the establishment of potential downstream or offtake partnerships; and the positioning of the Lac Knife and Lac Tetepisca projects as contributors to North American and allied critical-mineral supply chains.All such forward-looking information involves known and unknown risks, uncertainties, and other factors-many of which are beyond the Company's control-that may cause actual results, performance, or achievements to differ materially from those expressed or implied by the statements herein. Such factors include, but are not limited to, uncertainties relating to regulatory approvals, geopolitical events (including the ongoing conflict in Ukraine), supply-chain disruptions, inflationary pressures on capital expenditures, access to skilled labor and materials, fluctuations in graphite and energy markets, the ability to maintain project timelines, and the performance of third-party contractors and partners. There can be no assurance that anticipated technical milestones or commercial outcomes will be realized as planned, or at all.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272975 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - November 3, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") is pleased to announce that it has entered into a subscription agreement with Gold Fields Netherlands Services B.V., an affiliate of Gold Fields Limited (JSE: GFI) (NYSE: GFI) ("Gold Fields"), whereby Gold Fields will acquire 12,048,193 common shares of the Company (the "Common Shares"), at a price of $4.15 per Common Share by way of a non-brokered private placement for aggregate gross proceeds of $50,000,000.Proceeds from the strategic investment will be used for land consolidation, regional exploration activities, working capital, and general corporate purposes at the Company's Antino Gold Project in southeastern Suriname ("Antino"). National Bank Capital Markets is acting as financial advisor.Colin Padget, President and CEO of Founders Metals, commented: "We are very pleased to welcome Gold Fields, a top-tier global gold producer, as a strategic partner. Combining Founders' position as the largest and most advanced gold explorer in Suriname with the technical capabilities of a company having decades of experience developing world-class gold deposits positions us to rapidly advance work at Antino. This partnership further underscores Suriname's potential as an emerging gold jurisdiction globally. With this capital, we are dedicating our full attention to unlocking Antino's potential—expanding our land position and aggressively advancing regional-scale exploration across multiple high-grade targets—building value for all shareholders."Investor Rights AgreementIn connection with the strategic investment, Founders Metals and Gold Fields will enter into an Investor Rights Agreement (the "IRA") at closing, pursuant to which, and provided that Gold Fields maintains certain shareholding thresholds, Gold Fields will have top-up and financing participation rights, technical committee representation rights, and the right to appoint one nominee to the Company's board of directors if Gold Fields' ownership reaches or exceeds 12.5%.In support of technical collaboration between Founders and Gold Fields, Gold Fields will additionally have the right to second technical staff into Lawa Gold N.V., the project company, subject to acceptance by the Company and in compliance with applicable Surinamese laws and regulations.Closing and Regulatory ApprovalsThe transaction is expected to close on or about November 10, 2025, subject to customary conditions including TSX Venture Exchange (the "TSXV") approval. All Common Shares issued pursuant to the subscription will be subject to a four-month and a day hold period in accordance with applicable Canadian securities legislation.About Gold Fields LimitedGold Fields is a globally diversified gold producer with nine operating mines in Australia, South Africa, Ghana, Chile and Peru and one project in Canada. The Company has a total attributable annual gold-equivalent production of 2.1 Moz, proved and probable Gold Mineral Reserves of 44.3 Moz, measured and indicated Gold Mineral Resources of 30.4 Moz (excluding Mineral Reserves) and inferred Gold Mineral Resources of 11.6 Moz (excluding Mineral Reserves). Gold Fields' shares are listed on the JSE and American depositary shares trade on the New York Stock Exchange.About Founders Metals Inc.Founders Metals is a Canadian-based exploration company focused on advancing the Antino Gold Project located in Suriname, South America, in the heart of the Guiana Shield. Antino is 56,000 ha and has produced over 500,000 ounces of gold from historical surface and alluvial mining to date1. The Company is systematically advancing one of Suriname's most promising gold exploration and development opportunities with drill-confirmed, district-scale potential. Founders is committed to responsible exploration, community engagement, and delivering long-term value to shareholders through technical excellence and strategic growth in the Guiana Shield.12022 Technical Report - Antino Project; Suriname, South America. K. Raffle, BSc, P. Geo & Rock Lefrançois, BSc, P.Geo.ON BEHALF OF THE BOARD OF DIRECTORS,Per: "Colin Padget"Colin Padget President, Chief Executive Officer, and DirectorContact InformationKatie MacKenzie, Vice President, Corporate DevelopmentTel: 306 537 8903 | katiem@fdrmetals.comHarp Gosal, Director, Investor RelationsTel: 236 301 4211 | harpg@fdrmetals.comCautionary Statement Regarding Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, including statements regarding the use of proceeds, entering the IRA, Gold Fields right thereunder and exercise of those rights, approval of the TSXV and the anticipated closing date. Forward-looking information can generally be identified by words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", or variations indicating that certain actions, events or results "may", "could", "would", "might" or "will" occur or be achieved.Forward-looking statements are based on management's current expectations and reasonable assumptions but are subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results to differ materially from those expressed or implied, including: general business and economic uncertainties; exploration results; mining industry risks; failure to obtain TSXV approval; dilution respecting additional investment in the Company, that the use of proceeds may not be expended as anticipated by the Company, and other factors described in the Company's most recent annual management discussion and analysis. Although the Company has attempted to identify important factors that could cause actual results to differ materially, other factors may cause results not to be as anticipated. There can be no assurance that forward-looking information will prove accurate, as actual results and future events could differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.All material information on Founders Metals can be found at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272916 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

THE HAGUE, NETHERLANDS, Nov 3, 2025 - (ACN Newswire via SeaPRwire.com) - Additionally, nearly 3/5 of Mexican adults claim to have experienced a scam in the last year, with each scam victim being scammed on average 1.8 times.With widespread financial lossesShopping scams (55%), investment scams (48%) and unexpected money scams (47%) are the most common types of scams in Mexico, with some having money stolen via email while others received kidnapping threats. Additionally, over 1/3 of Mexican adults claim to have lost money to scams in the last year. Wire or bank transfers (55%) and debitcard payments (21%) are the most common methods used by scammers to receive payment. Of those who have experienced being scammed, 2/3 have reported the scam to the payment service, and half of those were not able to recover any money lost.And limited confidence in reportingScam encounters are frequent in Mexico, with 12% of Mexican adults encountering a scam multiple times a week. Over the past 12 months, over half of those who have encountered a scam have reported it at least once. However, those who reported the scam encounter said that either no action was taken (37%) or they are not sure what the outcome was (15%). Half of those who have never reported a scam encounter said they did not report it because they were unsure who to report the scam to, while over 1/3 did not think it would make a difference/no action would be taken.Leading to increased vigilance97% of Mexican adults claim to take at least one step to check if an offer is legitimate or a scam. The most common step taken is searching for reviews on other websites (36%), reflecting high effectiveness against scams.And rising calls for accountability1/3 of Mexican adults believe full repayment to the victim should be the top penalty for scammers, however, 19% believe in more severe punishment such as jail time of 6 to 10 or more years. Scams in Mexico continue to take a heavy toll, causing financial losses, emotional strain and prompting calls for greater protections and stricter consequences."These findings show both the scale of the challenge and the resilience of the Mexican people. Despite facing scams every few days, most adults are taking steps to verify information and protect themselves. Now it is time for organizations, regulators, and companies to match that vigilance with concrete measures to make Mexico a safer place online," said Sissi de la Peña, Director of GASA Chapter Mexico.Read the report & join our webinar:Full reportNovember 5 webinarRead the full release, including methodology & boilerplateContact InformationMetje van der MeerMarketing Directormetje.vandermeer@gasa.orgSOURCE: Global Anti-Scam Alliance Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Nov 3, 2025 - (ACN Newswire via SeaPRwire.com) – Alltronics Holdings Limited (“Alltronics” or the “Group”) (SEHK: 833), a leading manufacturer of electronic products, is pleased to announce the completion of its acquisition of the 51% issued share capital of EME Limited (the “Target Company”), a strategic move expected to enhance the Group’s research and development (“R&D”) capabilities and diversify its geographical footprint.Upon completion, EME Limited and its subsidiaries (“Target Group”) will become indirect non-wholly owned subsidiaries of Alltronics, and the financial results of the Target Group will be consolidated into the Group’s consolidated financial statements.EME Limited engages in the business of research and development, manufacturing and sale of electronic products. Alltronics will leverage its proven track record in innovation and product development to enhance its own technological capabilities and accelerate the development of new products and solutions. Meanwhile, EME Limited has established a strong market presence in Europe with an extensive sales network and customer base, which will significantly supplement and diversify the Group’s existing sales markets.As the Group is in the process of opening new manufacturing facilities in Malaysia and Vietnam as part of its strategic expansion plan, certain existing production activities will be relocated from its factories in the PRC to these new production facilities. EME Limited’s business operations are expected to generate additional production orders and business opportunities that can effectively utilise the remaining production capacity at the Group’s existing PRC factories.Mr. Lam Yin Kee, Chairman and Executive Director of Alltronics, said, “This acquisition represents a key step in realising our strategic growth plan. By leveraging EME Limited’s strong R&D expertise and established customer network, we will enhance our technological capabilities, accelerate innovation, and expand our market reach. We are confident these synergies will strengthen our competitive position in the electronics industry, and enhance our overall stability and growth prospects.”Mr. Lam Chee Tai, Eric, Chief Executive and Executive Director of Alltronics, added, “With the integration of EME Limited into our Group, we are better positioned to optimize our production resources, maximising the utilisation efficiency of our manufacturing assets and maintaining stable operations at all manufacturing facilities. This will drive greater operational efficiency and cost effectiveness, supporting sustainable growth and long-term value for our stakeholders.”About Alltronics Holdings Limited (Stock code: 833)Alltronics Holdings Limited is mainly engaged in the design and manufacture of a wide range of electronic products with quality and style. The Company is a constituent stock of the Morgan Stanley Capital International (“MSCI”) Hong Kong Micro Cap Index. For more information, please visit the company website http://www.alltronics.com.hk/ Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

JAKARTA, Nov 3, 2025 - (ACN Newswire via SeaPRwire.com) - Wintermar booked a 25.1%YOY rise in 9M2025 Operating Profit to US$14.7million, supported by an 11.6% increase in Owned Vessel Revenue and rising Gross Margins.Owned Vessel DivisionOwned Vessel Revenue rose by 11.6%YOY to US$50.3million for 9M2025, driven by a significant increase in High Tier vessel utilization to 76% for 9M2025 compared to 59% in 9M2024.Average charter rates for our fleet have risen around 5% since end 2024 whereas average utilization for 9M2025 was 60.4%, lower than utilization rates of 67% achieved in 9M2024. The lower utilization stemmed from the large number of spot contracts for our mid-tier fleet in 2025, which is characteristic of this early phase of the oil and gas investment cycle where most of the OSV demand is for seismic/survey or the exploration and construction, where projects tend to be completed in several weeks. In the mid-tier segment, the utilization of HLB was lower in 3Q2025 compared to 2Q2025 due to completion of spot contracts.Overall, the higher charter rates for the fleet compensated for lower overall fleet utilization this year, leading to a rise in gross margins for the Owned Vessel Division to 38% from 30% in 9M2024. Total Gross Profit for the Owned Vessel Division amounted to US$20.1million (+29.6%YOY) for 9M2025. Although the fleet is still impacted by fluctuations in quarter-to-quarter utilization as the majority of vessels are still on spot contracts, we are confident that there will be longer term contracts coming up in 2026-2027 as more projects head into the development and production phase of the oil and gas investment cycle.Chartering Division and Other ServicesContribution from the Chartering Division has declined, with gross profit of US$0.35million for 9M2025 compared to US$1.2million in 9M2024. This was because a few chartered vessels completed a project which will not be resuming this year. This reduction has been offset by higher Gross Profit from Other Services, which rose 8.1%YOY to US$1.8million from an increase in commissions, fees and other service income.Direct Expenses and Gross ProfitTotal Owned Vessel Direct Costs rose by 2.2%YOY to US$30.2million for 9M2025, due to higher depreciation and crewing costs. Depreciation rose to US$10.5million (+3.6%YOY) with the operation of 3 additional HLB vessels and 1 PSV compared to 9M2024. Crewing costs roseto US$8.1million (+7.6%YOY) as a result of a higher number of Dynamic Positioning (DP) vessels in the fleet and higher salaries for crew on international contracts. Fuel costs are borne by charterers while a vessel is on contract, and with more high tier vessels chartered out compared to the previous year, the overall fuel expenses fell by 19.1% YOY to US$1.76million in 9M2025.Indirect Expenses and Operating ProfitTotal Indirect Expenses rose by 14%YOY or US$0.9million to US$7.5million for 9M2025, with salary costs, employee benefits and staff training accounting for US$0.6million of this increase. As our business has expanded internationally, we have invested more heavily into human resources, particularly in the technical and technology divisions, and expanded our crew training and development programs to invest in developing young marine graduates and electrical engineers to have practical experience on board our fleet to be ready for future international operations.Operating Profit grew by 25.1% YOY to US$14.7million for 9M2025 compared to US$11.8million in 9M2024. Other Income, Expenses and Net Attributable ProfitNet interest expenses rose by US$0.4million as higher interest expenses were offset by interest income. Net gearing stands at only 0.6% as at end September 2025. Equity in Associate Companies fell to US$0.6million in 9M2025, from US$2.1million in 9M2024, due to poorer utilization in 3Q2025 and increased capital costs related to the award of a new long-term contract.There were no vessel sales in 3Q2025, and only one vessel sold in 2Q2025, realizing a gain of US$1.7million for 9M2025. This represents a sharp decline compared to 2024 which included a large one-off gain booked from vessel sales in 2024 where the Company made US$17.4million from the sale of several vessels including a significant gain from the sale of a PSV.Total Other Income for 9M2025 stood at US$1.3million which resulted in a net income before tax of US$16.1million for the nine months period year to date.Net profit attributable to shareholders for 9M2025 amounted to US$9.2million compared to US$19.7million in 9M2024. Net income before Non-Controlling Interest in 9M2025 fell to US$14.4million compared to US$27.2million in 9M2024 which included the impact of the PSV sale. EBITDA for 9M2025 rose by 15%YOY to US$25.5million, compared to US$22.1million in 9M2024. This reflects the strong cash flow enjoyed by the Company as most of the past vessel loans have been repaid.Industry Outlook The OSV industry was not spared from the global uncertainty in investor sentiment this year. Concerns over US tariffs and a potential global economic slowdown caused oil prices to trend lower, which led to a more cautious environment and delays in contract awards. Charter rates for OSVs which had risen sharply from 2021 to 2024 also saw a correction this year.The Oil and Gas investment cycle is a long-term cycle over several years from award of concessions to production. Due to the lack of investment in new reserves over a 8-year period until 2021, we are firmly optimistic that the longer-term fundamentals indicate continued investment in oil and gas exploration. In the Offshore Supply Vessel (OSV) industry, there has been nearly no newbuilding of high tier Dynamic Positioning (DP) equipped vessels from 2015 to 2022. The softening in OSV charter rates this year is expected to be short term in nature as the limited supply of operationally ready OSVs points to a sustained shortage of OSV supply in the coming years. This is illustrated in the chart below, which shows the active fleet compared with the small number of idle PSVs and charter rates for the period 2023-2025. From the data, demand continues to be high with overall global fleet utilization close to 90%.Business ProspectsThe short-term weakness in oil prices over the past quarter reflects the volatile geopolitical sentiment which has been driven by changing news flows more than industry fundamentals. The structural outlook for oil and gas supply support stable oil prices, resulting from years of underinvestment in new reserves. In 2025, there have been several projects in Indonesia which are still at the early stage of the investment cycle, where seismic and exploration work only necessitates spot contracts. This has caused volatility in our fleet utilization. However, the long investment cycle from exploration to production indicates that there will be more demand in the coming years as these projects will continue towards production targets in 2027. This will underpin OSV demand in the coming years. Taking into consideration the limited orderbooks for new OSVs to be delivered in the coming years, we remain very optimistic that charter rates and utilization will improve in the coming years, as we continue to add high value vessels.Award of long-term contract in BruneiOur associate company, Fast Offshore Supply Pte Ltd (FOS), based in Singapore, has been awarded a tender to supply 5 newbuild 55-metre Crew Transfer Vessels (CTVs) under a five-year charter contract in Brunei for delivery in 2027. Construction of the vessels has commenced, and WINS has participated in a rights issue to support this project. The vessels are being constructed by FOS in Singapore and Batam. This new long-term contract provides secure future earnings and fleet renewal for FOS, thereby improving the financial & revenue contribution to the Company.About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com .For further information, please contact:Ms. Pek Swan Layanto, CFAInvestor RelationsPT Wintermar Offshore Marine TbkTel (62-21) 530 5201 Ext 401Email: investor_relations@wintermar.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Nov 3, 2025 - (ACN Newswire via SeaPRwire.com) – Star Plus Legend Holdings Limited (“Star Plus Legend” or the “Company”, together with its subsidiary, the “Group”, stock code: 6683.HK), announced that the Group, through an industrial fund, has subscribed no more than 7% of the issued share capital (the “Investment”) of Galaxy Corporation Co., Ltd (“Galaxy”), a well-known entertainment management company in South Korea. The first closing of the Industry Fund was completed, and the Group has contributed US$8 million to subscribe for the Industry Fund’s Interest, being 16% of the Interest. The remaining Interest were held by two Independent Third Parties. The Investment is expected to create synergy for the Group through various cooperations with Galaxy and artists managed by it. The Group is currently engaged in advanced discussions with Galaxy regarding details of the strategic partnership, including but not limited to collaborations with Galaxy’s artists on exhibitions, concerts, and the development of artist IP and related merchandise.Galaxy boasts a roster of globally influential artists, including Kwon Ji-Yong (also known as G Dragon), Kim Jong-kook and Song Kanghao. Becoming a strategic shareholder of Galaxy marks a key milestone in the Company’s global IP expansion. This investment will not only strengthen the Company’s deep collaboration with top international celebrity IPs, but also inject strong momentum into its strategic vision of building a “global IP development and operation platform”.Two Industry-leading Powerhouses Join Forces to Seize the High Ground of Global Top-tier IP ResourcesIn recent years, the Company has continued to expand its IP portfolio, led by two flagship celebrity IPs “CHOUCHOU” and “Coach Liu”, and the cumulative number of fans of the IP portfolio has reached 280 million. The Company also recently introduced a new original IP character, “WAKAEMO.” As the copyright owner of Jay Chou’s official Nijgen-style personality “CHOUCHOU,” the Company has successfully extended the IP’s licensing to five major sectors, including fashion, cultural and creative products, and 3C electronics. To date, “CHOUCHOU” has collaborated with over 200 brands, generating cumulative co-branded product sales exceeding RMB 1 billion.Galaxy holds artist IPs that possess exceptional rarity and strategic value, including Kwon Ji-Yong (a highly influential figure in the world of K-pop), Kim Jong-kook (best known internationally for his roles in Korean variety shows such as Running Man) and Song Kanghao (a global icon in cinemas and lead actor in movies including Parasite and A Taxi Driver). The global influence and commercial value of these renowned artists will provide strong support for the Company as it expands across Asia and beyond, marking a significant leap in the Company’s IP strategy from the Chinese-speaking market to the global stage.The Company’s celebrity IPs, particularly those related to Jay Chou, demonstrate immense commercial potential, a solid fan base, and strong market appeal. The partnership between these two industry-leading powerhouses represents not only a strategic integration of resources, but also a mutual empowerment of brand influence. This collaboration is expected to significantly enhance both parties’ global visibility and unlock broader international cooperation opportunities. The strategic value of IP has already been recognized by the market: Star Plus Legend’s stock price once surged over 160% in a single day following Jay Chou’s debut on Douyin as “CHOUCHOU.”This investment aligns seamlessly with the Company’s recent series of strategic initiatives. From launching a collaboration program with 100 international pop artists, to partnering with Unitree Robotics in developing IP-based smart robots, and becoming the only private-sector shareholder of the National Stadium (Bird’s Nest), the Company is building a global ecosystem that integrates “IP + Products + Technology + Channels.” The investment in Galaxy represents a crucial step in this strategic blueprint, expected to generate new growth momentum and unlock the limitless potential of the “IP+” model.Unlocking the Commercial Potential of Global IPs and Building a Worldwide IP EcosystemThe Company plans to collaborate closely with Galaxy across multiple areas, including global concert tours, large-scale themed exhibitions, and the creation and development of celebrity IPs and related merchandise. By leveraging Galaxy’s artist resources, the Company will apply its mature capabilities in IP creation and end-to-end operations to bring these collaborative projects to global markets, enabling scalable expansion of its business model.In addition, by becoming a strategic shareholder of Galaxy, the Company establishes a capital linkage that systematically connects it to a diversified and mature pool of international IP resources. This provides a richer content foundation and more stable resource support for IP operations, strongly underpinning the Company’s goal of building a “global IP development and operation platform” and advancing toward a value-maximizing, sustainable IP ecosystem.The key highlight of this collaboration lies in the synergy between the Company’ top-tier celebrity IPs and its mature IP operation system, and Galaxy’s world-class international IP assets. Future cooperation between the two parties is expected to go beyond the one-way export of proven business models, aiming instead to achieve deep resonance between global top-tier IPs and operational capabilities in international markets. This not only promises substantive expansion of the Company’s business footprint but also has the potential to reshape market valuation logic, opening up a more imaginative growth space for investors. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Nov 3, 2025 - (ACN Newswire via SeaPRwire.com) – FWD Group Holdings Limited (“FWD Group” or “FWD”) today announced strong new business growth for the nine months ended 30 September 2025[1].New business sales were up 37 per cent to US$1.935 billion compared to the same period in 2024 on an annualised premium equivalent (APE) basis.New business contractual service margin was US$1.158 billion, with year-on-year growth of 27 per cent.Refinanced US$1.15 billion of debt in September and redeemed US$500 million of debt by mainly utilising recent initial public offering (IPO) proceeds. This reduced leverage to 21.8 per cent[2] and lowered annualised financing costs by ~US$72 million.Continued to anticipate and respond to rapidly evolving customer needs for protection, health, and savings, with over 40 new products introduced in 2025.Huynh Thanh Phong, Group Chief Executive Officer and Executive Director of FWD Group, said, “We’re thrilled to report strong new business results, powered by organic growth across most of the 10 Asian markets where FWD Group operates. A positive indicator of value creation for our shareholders is the surge in our new business contractual service margin, which continues to strengthen our CSM balance and boost earnings over time.”“In September, we seized a window in the debt markets for refinancing, and with the successful IPO in July, we’ve made great progress in reducing our overall debt. The significant decrease in financing costs and leverage delivers benefits to our shareholders and puts FWD Group in a prime position to accelerate our customer-led growth strategy and advance our risk management priorities,” added Huynh Thanh Phong.Exceptional demand from both local and visiting customers continued to drive the strong new business growth in Hong Kong SAR & Macau SAR.In Emerging Markets, strong double-digit growth in new business sales reflected momentum in Singapore, Malaysia, the Philippines and FWD Group’s joint venture in Indonesia, BRI Life.In Japan, new business sales growth reflected solid performance in the individual protection business and the company’s recent entry into the retirement and savings market.The low-interest rate environment continued to weigh on new business indicators in the Thailand & Cambodia reporting segment.About FWD GroupFWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 34 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.For more information, please visit www.fwd.comFor media inquiries, please contact: groupcommunications@fwd.comSource: FWD Group Holdings Limited[1] The results are for the nine months ended 30 September 2025 and are compared to the same period in 2024. Growth rates are represented on a constant exchange rate (CER) basis, unless otherwise indicated.[2] On a proforma basis as at 30 June 2025. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

LAS VEGAS, NV, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) - Energy Enhancement System, LLC ("EES") has achieved another decisive victory in its ongoing effort to defend truth, innovation, and integrity against baseless attacks from Jason Shurka and The Light System, Inc. ("TLS").The United States District Court for the Eastern District of New York has formally granted EES permission to move forward with its full motion to dismiss - a strong indication that the court recognizes the legal and factual strength of EES's position. Judges in multiple jurisdictions have now described Shurka's filings as "baseless" and "futile," repeatedly returning the cases to the very courts where EES first initiated them - and where EES continues to win.Truth Over DeceptionThe latest decision follows months of extensive filings exposing what EES alleges was a coordinated campaign of misinformation and brand confusion.Court records show that Shurka, once briefly involved in limited marketing activities with EES, launched a competing venture falsely implying that his product was identical to or derived from the original EESystem technology.EES's lawsuits in Nevada and New York detail how Shurka and TLS misrepresented their affiliation, misused EES's intellectual property, and exploited public imagery and research to promote their imitation product. These filings cite violations under the Lanham Act (15 U.S.C. § 1125) and the Nevada Deceptive Trade Practices Act, among others."This is not about competition; it's about protecting decades of honest work and innovation," said Hon. Dr. Sandra Rose Michael, DNM, DCSJ, founder and inventor of the EESystem."I began developing this technology in 1978 - long before these individuals appeared. We will continue to safeguard our legacy of integrity and ensure that truth, not falsehood, guides our community."The court's decision authorizes EESystem to maintain course and proceed with its full motion to dismiss - a clear reaffirmation that authenticity and integrity prevail."Every decision in our favor strengthens our evidence and unites our global centers even further," added Mela Bertolacini, daughter of Sandra Rose Michael and EESystem spokesperson.A Legacy of Authentic InnovationFor nearly five decades, Hon. Dr. Sandra Rose Michael, DNM, DCSJ, has guided the development of the Energy Enhancement System (EESystem) - a technology exploring how scalar-field and photonic energy environments interact with the human system.Energy Enhancement System, with hundreds of public centers across the globe, is recognized for its distinctive integration of research, engineering precision, and educational outreach.From its Nevada headquarters, Energy Enhancement System, LLC advances research and design in emerging energy sciences, fostering environments that encourage relaxation, coherence, and scientific curiosity. Since 1978, Dr. Michael's work has emphasized innovation with integrity and the pursuit of deeper understanding at the intersection of science and consciousness.About Energy Enhancement System (EESystem)Founded by Hon. Dr. Sandra Rose Michael, DNM, DCSJ, Energy Enhancement System, LLC is a Nevada-based research and technology company dedicated to the responsible exploration of scalar-field and photonic energy phenomena. The company's mission is to promote transparency, education, and the ongoing study of coherence-based environments in collaboration with scientists, practitioners, and community centers worldwide.For transparency and public verification, case details are available through official court dockets: Energy Enhancement System, LLC v. Shurka et al., Case No. A-25-910216-B (Clark County District Court, Nevada); 2:2025cv00633 (U.S. District Court, District of Nevada); 1:25-cv-00218 / 1:25-cv-20981 (U.S. District Court, Southern District of Florida); and 2:25-cv-01234 (U.S. District Court, Eastern District of New York).Media ContactEnergy Enhancement System, LLCsupport@eesystem.comwww.eesystem.comEnergy Enhancement System - Where Truth, Science, and Integrity Continue to Prevail.SOURCE: Energy Enhancement System Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

- Two major lighting fairs and Eco Expo Asia have concluded with success, attracting some 62,000 buyers from 141 countries and regions - The spotlight Hall of Connected Lighting featured some 70 top global brands. An AI smart lighting exhibitor at the Autumn Lighting Fair successfully confirmed an onsite order with a Thai buyer worth up to RMB8 million, double the value of their sales at the fair last year - In an independent on-site survey, 61% of lighting industry respondents expect overall sales to grow in the next one to two years. Respondents foresee that AI (57%), smart city development (40%) and technological advancement (36%) will be key growth drivers in the lighting industry - Eco Expo Asia helped enterprises expand their international trade networks and seize green business opportunities globally, with notable increases in buyers from Australia, Japan, Korea, Malaysia and the US. - A green enterprise from the Chinese Mainland stated that Eco Expo Asia serves as a "go global" platform for mainland green companies, helping them capture business opportunities in the Middle East and SEA. Company representatives expect overseas revenue growth for the full year to exceed 200%.HONG KONG, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) – The 27th Hong Kong International Lighting Fair (Autumn Edition) and the 10th Hong Kong International Outdoor and Tech Light Expo, both organised by the HKTDC, and the 20th Eco Expo Asia, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), have come to a successful conclusion. The three exhibitions attracted some 62,000 buyers from 141 countries and regions.Deputy Executive Director of the HKTDC Jenny Koo said: “This year's Autumn Lighting Fair and Outdoor and Tech Light Expo attracted top global brands, showcasing a wealth of innovative and smart lighting products and solutions. Eco Expo Asia debuted a new pavilion that featured 22 local green start-ups presented by the Environmental Campaign Committee and the ANSO Environmental Technology Industry Alliance, led by the Alliance of National and International Science Organizations for the Belt and Road Regions (ANSO), and 11 mainland enterprises, bringing together diverse green technologies. The three fairs drew some 62,000 buyers. Buyers from outside Hong Kong primarily came from the Chinese Mainland, Taiwan, India, Korea, the US and ASEAN countries, including Malaysia, the Philippines and Thailand. This shows the fairs’ appeal as global hubs for the lighting and environmental industries, leveraging Hong Kong's strengths as a trading centre and gateway to international markets."Survey reflects optimism about lighting industry sales over the next two yearsAn independent survey of over 730 exhibitors and buyers at the Autumn Lighting Fair and Outdoor and Tech Light Expo revealed that respondents hold an optimistic outlook, with 61% respondents expecting overall sales to grow in the next 12-24 months, and 37% expecting sales to remain unchanged. In terms of target markets, respondents were mainly optimistic about ASEAN countries (71%), India (70%) and the Middle East (70%).In terms of trends in lighting products, respondents foresee that AI (57%), smart city development (40%) and technological advancement (36%) will be driving factors of industry growth. 74% of respondents believed smart lighting demonstrates good to very good market potential over the next two years. Respondents consider smart lighting to have the greatest development potential in home automation and smart lighting control systems (39%), followed by energy-efficient lighting control solutions (38%) and wireless lighting control systems (29%).Regarding challenges, respondents identified the top three operational challenges this year as fluctuations of global economy (65%), rising costs due to inflation (42%), and growing protectionist measures, such as export controls, tariffs and sanctions (35%). In light of US tariffs, 54% of respondents reported no or minimal impact on their company's procurement and sales strategies, while 16% indicated a significant impact.Lighting fairs bring innovative products, global brands unveil new offerings and immersive experiencesUnder the theme ‘Illuminated Designs for a Smarter Future’, the twin lighting fairs showcased innovative products and smart lighting solutions from top global brands. The Hall of Connected Lighting returned as the Autumn Lighting Fair’s focal point, featuring some 70 leading brands, demonstrating smart lighting and IoT applications. Dutch company Signify unveiled its latest product in Asia– VitaUp Vitamin D3 Modules by Philips, offering a safe and controlled source of low-intensity UVB exposure to support healthy vitamin D levels. Raimond Dumoulin, LED Architect at Signify, stated that the company has connected with over 100 potential buyers from the United States, Egypt, Korea, Japan, India, the Netherlands, Finland, Norway, and the Chinese Mainland. Based on the strong interest shown by these potential buyers in the newly launched products and other offerings, the company expects the fair to generate orders worth between EUR1 to 2 million.Specialising in smart lighting controls, Casambi Technologies Oy from Finland – created various scenes at the fair – such as a café setting, presentation mode and shows – providing buyers with a fully immersive experience, while showcasing seamless mode transitions and the smart, intuitive operation. Tommy Hoo, APAC Strategy and Marketing Leader, said: “This is our first time attending the Hong Kong International Lighting Fair (Autumn Edition), marking our debut at an exhibition in the Asia-Pacific region. APAC is an emerging market for us, and the fair has been highly effective in supporting our expansion plans. During the first half-day, we spoke with over 100 potential clients and participated in about 10 business matching meetings. We also pre-arranged additional meetings using the Scan2Match service to connect with potential clients from Singapore, Australia, India, Canada, Denmark, and more.”Additionally, lighting systems integrated with AI have also attracted attention from buyers. Bweetech Electronics Technology (Shanghai) Co., Ltd. is an innovative enterprise specialising in personal wireless smart lighting. Users simply express their intent and the system’s AI technology can automatically interpret and generate the ideal lighting effects tailored to the scene. Bweetech’s Marketing Manager, Green Geng, expressed that the company has attracted some 50 potential buyers from the United States, Korea, Japan and Southeast Asia within the first two days of the exhibition. The company also successfully confirmed an onsite order worth RBM8 million with a Thai buyer, doubling the value of their sales at the fair last year.The concurrent Hong Kong International Outdoor and Tech Light Expo brought a diverse range of outdoor commercial and industrial lighting solutions, supporting the development of smart cities. The returning Smart Pole and Solution Zone featured Chinese Mainland exhibitor Ningbo Freelux Lighting Appliance Co., Ltd. who joined the expo to look for buyers from new markets. The company’s CEO Allen Mao said: “We have met with new buyers from different parts of the world, including Africa, Europe, the Middle East, South America and Southeast Asia. Two to three new buyers from Argentina and Poland have expressed their intention to purchase our streetlights. We expect that total orders generated by this expo will be around US$2-3 million.”Trient Trading from the United Arab Emirates has been visiting the twin lighting fairs for five consecutive years. The company’s Sales and Product Specialist Hasan Khan said: “I am handling two large-scale projects: a new office building for a large logistics group and a hotel apartment project. I plan to purchase outdoor lighting, architectural lighting and decorative lighting for the construction of the new office building and facade lighting for the hotel apartment project, with a total order value of US$1.6 million.”Eco Expo Asia welcomed its 20th edition fully committing to net zero goalsUnder the theme ‘Green Innovations for Carbon Neutrality’, Eco Expo Asia showcased the latest achievements in Circular Economy and Waste Management, Green & Smart Mobility and ESG-related Services, providing invaluable networking opportunities for the green industry. As a leading business platform for ESG and sustainable development solutions, Eco Expo Asia continued to receive support from governments, industry associations and enterprises worldwide. In collaboration with the Environment and Ecology Bureau, the expo extended invitations to government service providers from the Chinese Mainland, as well as from ASEAN and Belt and Road countries, to visit and source green technologies and products.A green enterprise from Chinese Mainland believed that Eco Expo Asia is a platform for mainland green companies to go global and capture business opportunities in the Middle East and SEA. Infore Enviro's Executive Vice President Fu Qu said: “In the fair, we successively engaged with over 35 government representatives from different places, including, Hong Kong, the UAE, Kazakhstan, Vietnam, Thailand, Malaysia and the Philippines etc. The representative of the UAE Ministry of Climate Change and Environment expressed interest in our waste collection and transportation vehicle, and our road sweeping cleaning vehicle. We will visit the UAE to continue the discussing of this potential business opportunity. Through this exhibition, we expect the annual overseas revenue growth rate to exceed 200%”One local startup said it showcased green innovation achievements through the expo. Jay Hsu, Senior Manager, GreenTech of Hong Kong Science and Technology Parks Corporation, shared: “The expo attracted Hong Kong investors and property management companies to visit, buyers from the Belt and Road countries and Southeast Asia such as Malaysia, Vietnam, and Singapore are also interested in our solutions. We have generated numerous leads, with six out of 10 exhibiting companies identifying potential buyers, and expect orders to reach approximately HK$15 million.”A local exhibitor Dunwell Engineering Company Limited has participated for 20 years. The company's Sustainability Officer, Benson Leung, stated: “In the first two days of the expo, we have already connected with potential buyers from Malaysia, Thailand, Japan, Korea, Saudi Arabia and EU countries. They showed particular interest in a food waste processing system targeting hotels and residential estates, and lithium battery fire extinguishers. Additionally, we secured approximately 10 business matches with ASEAN buyers via the Click2Match platform, with meetings scheduled at the fair. This participation is projected to contribute around 20% of the company's annual revenue.”The expo attracted numerous overseas buyers actively sourcing products. A buyer from Hungary, Endre Bali, Business Development Director of Oxyma Systems Kft, shared: “I serve as a business consultant to a hydrogen association in Hungary. At the fair, I connected with an exhibitor from the Chinese Mainland and see a strong potential for establishing a hydrogen storage and production partnership, valued at US$3–5 million.”Igniting cross-industry business opportunities through three fairsOrganised by the HKTDC, the Hong Kong International Lighting Fair (Autumn Edition) and the Hong Kong International Outdoor and Tech Light Expo formed a world-renowned lighting marketplace, attracting some 3,000 exhibitors collectively, and some 41,000 buyers and more than 10,000 buyers, respectively. Eco Expo Asia, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd., and co-organised by the Environment and Ecology Bureau of the Government of the HKSAR, drew some 340 exhibitors and over 11,000 buyers.Under the EXHIBITION+ hybrid mode, exhibitors and buyers can engage in online business negotiations and matching for the three fairs through the Click2Match smart business matching platform until 7 November.Fair WebsitesHong Kong International Lighting Fair (Autumn Edition): hklightingfairae.hktdc.comHong Kong International Outdoor and Tech Light Expo: hkotlexpo.hktdc.comEco Expo Asia: www.ecoexpoasia.comExhibitor and Buyer QuotesHong Kong International Lighting Fair (Autumn Edition): https://www.hktdc.com/event/hklightingfairae/en/success-storiesHong Kong International Outdoor and Tech Light Expo: https://www.hktdc.com/event/hkotlexpo/en/success-storiesEco Expo Asia: https://www.hktdc.com/event/ecoexpoasia/en/success-storiesPhoto download: https://bit.ly/3Lf8DXQThe 27th Hong Kong International Lighting Fair (Autumn Edition), the 10th Hong Kong International Outdoor and Tech Light Expo and the 20th Eco Expo Asia have come to a successful conclusion. The three exhibitions attracted some 62,000 buyers from 141 countries and regions.The Hall of Connected Lighting returned as the Autumn Lighting Fair’s focal point, featuring some 70 leading brands, demonstrating smart lighting and IoT applications. Signify unveiled its latest product VitaUp Vitamin D3 Modules by Philips at the fair.Foshan Electrical and Lighting Co. set up an experience zone to showcase lighting products for the silver market.The Hall of Aurora brought together some 540 notable brands offering high-quality lighting products and technologies.At the Hong Kong International Outdoor and Tech Light Expo, the Smart Pole and Solution Zone, introduced last year, returned to showcase innovative solutions that support smart city development and energy efficiency optimisation.Various seminars and forums were held during the two lighting fairs. Renowned lighting designer Tino Kwan hosted a masterclass titled ‘The Language of Light: From Artistic Design to Everyday Experience’ and shared design principles for enhancing daily life through light and the impact of light on mood, functionality and spatial characteristics.The Hong Kong Tourism Board arranged evening cruises on Victoria Harbour to create an extended travelling experience for buyersThis year’s Eco Expo Asia attracted some 340 exhibitors from 13 countries and regions, and over 11,000 buyersA joint government pavilion is featuring 11 bureaux and departments, including the Environment and Ecology Bureau, and presented the latest green policies and initiatives.In the ‘Experience Sharing Forum on Promoting Environmental Business in Overseas Markets’, Government officials and representatives of quasi-governmental organisations from Belt and Road countries shared strategies for local market development, to help green companies expand their international networks.Tse Chin-wan, Secretary for Environment and Ecology of the HKSAR Government, attended the premiere of the second season of documentary series ‘Enchanting China’ on the public day, and spoke with enthusiastic young studentsEco Expo Asia was open to the public today. Visitors attended various workshops as well as the Green MartMedia enquiriesPlease contact the HKTDC’s Communications and Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgThe HKTDC’s Media Room: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. About Messe FrankfurtThe Messe Frankfurt Group is one of the world’s leading trade fair, congress and event organisers with its own exhibition grounds. With a workforce of some 2,160 people at its headquarters in Frankfurt am Main and in 28 subsidiaries, it organises events around the world. Group sales in financial year 2022 were around €454 million. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt’s key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity.For more information, please visit our website at: www.messefrankfurt.com/sustainability. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60%) and the State of Hesse (40%). For more information, please visit our website at: www.messefrankfurt.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Sharm El Sheikh, Egypt, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) - Today, the Kingdom of Saudi Arabia solidified its global leadership in public financial auditing and accounting by winning the chairmanship of the International Organization of Supreme Audit Institutions (INTOSAI). The announcement was made during the 25th General Assembly of INTOSAI, held in Sharm El-Sheikh under the patronage of His Excellency President Abdel Fattah El-Sisi of the Arab Republic of Egypt.Saudi ArabiaSaudi Arabia Assumes Chairmanship of INTOSAIThe General Assembly declared Saudi Arabia, represented by the General Court of Audit (GCA), as the Chair of INTOSAI starting in 2031 for a three-year term. Saudi Arabia will host delegations from over 195 countries, led by the heads of Supreme Audit Institutions, assuming leadership of the world's foremost organization in financial and performance auditing. This role positions Saudi Arabia to steer global efforts in enhancing transparency, public sector governance, and government performance, while reinforcing public trust in national economies.On this occasion, His Excellency Dr. Hussam Alangari, President GCA, extended his congratulations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, acknowledging their unwavering support and empowerment of GCA. He emphasized that this achievement reflects the Kingdom's international standing and global trust, enabling it to play a pivotal role in advancing auditing and accountability worldwide. Dr. Alangari highlighted the transformative developments in organizational independence, technical and human capacity, and methodological innovation that have enabled GCA to achieve its vision of impactful audit, public sector effectiveness, and quality of life for citizens. He added: "Saudi Arabia welcomes the world in 2031, and we look forward to hosting everyone in Riyadh to shape a global future that promotes transparency, governance, and governmental effectiveness."This milestone crowns decades of international engagement led by Saudi Arabia through GCA, starting with its early membership in INTOSAI in 1977. Saudi Arabia has consistently taken leadership roles in international and regional organizations, including serving as Chair of the Arab Organization of Supreme Audit Institutions (ARABOSAI) for two consecutive terms since 2022, and the upcoming Chair of the Asian Organization of Supreme Audit Institutions (ASOSAI) starting in 2027. GCA has also led numerous INTOSAI committees and initiatives focused on capacity building and enhancing the efficiency of peer SAIs in developing countries, reflecting the Saudi Arabia commitment to advancing auditing and accountability globally.Founded over seventy years ago, INTOSAI is the largest and most prestigious international organization uniting Supreme Audit Institutions worldwide. Today, it comprises over 195 member countries, each represented by its Supreme Audit Institution, working to enhance transparency, governance, and public sector auditing, with the ultimate goal of improving citizens' lives around the world.Contact InformationGeneral Court of AuditMedia Centergca@gca.gov.sa0114056770SOURCE: General Court of Audit Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) – The global energy transition presents an irreversible trend in the world today. Amidst this historic process, the energy storage industry is particularly critical in the construction of new power systems. Its exponential growth trajectory unequivocally declares it to be a “Golden Track” brimming with long-term potential. From an investment perspective, when selecting companies in the energy storage sector, leading players with high growth visibility and strong certainty are clearly the most worthwhile targets for current focus and monitoring. ZhiTong Finance believes that Xiamen Hithium Energy Storage Technology Co., Ltd. (hereafter referred to as “Hithium Energy Storage”), which recently filed its Application Proof for listing with the Hong Kong Stock Exchange (HKEX), is a prime example.Founded in 2019, Hithium Energy Storage has achieved an extraordinary market position in just over five years. This is naturally reflected in its financial statements, where core financial data continues to trace a steep upward curve. For instance, building on a high base from last year, Hithium Energy Storage’s revenue reached RMB 6.971 billion in the first six months of this year, representing a massive year-on-year increase of 224.6%. Gross profit rapidly expanded from less than RMB 100 million in the same period last year to RMB 916 million, marking a robust year-on-year surge of 1073.4%. The net profit metric also underwent a simultaneous “qualitative change,” successfully turning profitable in the first half of the year with a profit of RMB 223 million.Even more noteworthy, Hithium Energy Storage's latest performance trend has released a strong value signal: its more profitable international business is powerfully “taking the baton” to become the new “locomotive” contributing incremental performance. In the first half of this year, the proportion of Hithium Energy Storage's international revenue surged to 17.5%, a “qualitative leap” compared to 3.3% in the same period last year. While the revenue weight increased significantly, the profit potential of the international business was also initially unlocked. It is estimated that Hithium Energy Storage's international business achieved a gross margin of 30.5% in the first half, a figure significantly higher than the 9.5% gross margin of its Chinese mainland business during the same period. The rapid scaling of Hithium Energy Storage's international business is largely due to its early and acute recognition of the importance of overseas markets, evidenced by its proactive establishment of a production base in Texas, USA, making it the first Chinese company to set up energy storage system production capacity in the United States. With the rapid expansion of its international business, it is reasonable to expect Hithium Energy Storage’s revenue scale and profitability metrics to continue growing rapidly.Cultivating Global Competitiveness Around Core StrategiesThe corporate history of Hithium Energy Storage can, in a way, be viewed as a classic example of the global offensive launched by Chinese manufacturing. Over the past few years, Hithium Energy Storage’s business volume has continuously climbed new steps. According to the company’s prospectus, the compound annual growth rate of Hithium Energy Storage’s ESS battery shipments reached 167% from 2022 to 2024. In the first six months of this year, Hithium Energy Storage's ESS battery shipments reached 30 GWh, with a year-on-year growth rate of 252.9%. Despite the high base, there is no sign of a “regression to the mean” in its shipment growth rate; instead, it has further accelerated.The secret behind the consistently rapid increase in Hithium Energy Storage's product shipments is likely embedded within the company's three core strategies. Focusing on energy storage is one of the company's core strategies. Placing Hithium Energy Storage within the industry perspective, this is clearly an “atypical” new energy technology company. The key feature of this “atypical” nature is that since its inception, the company has consistently focused solely on the energy storage sector, unlike other leading companies in the industry that disperse their focus across the upstream and downstream of the industrial chain. It is likely due to this singular focus that Hithium Energy Storage is able to better understand the fundamental logic and core challenges of the industry. The continued realization of high growth expectations this year is undoubtedly closely linked to the company's unwavering focus on the energy storage domain, based on a deep understanding of the market.In an era where technological innovation is playing a decisive role in the global competitiveness of the manufacturing industry, any manufacturing enterprise aiming to break out must establish a leading edge in technology and product capabilities. By adhering to the core strategy of building competitive barriers through R&D and innovation, Hithium Energy Storage has consistently matched the vast and rapidly growing market demand with high-quality supply over the years. Data shows that Hithium Energy Storage's cumulative expenditure on R&D exceeded RMB 1.5 billion from 2022 to the first half of 2025. To date, the company has assembled an R&D team of over 1,030 professionals, with over 30% holding a master's degree or higher. This continuously growing R&D expense and powerful R&D talent pool provide the foundational support for Hithium Energy Storage to intensively launch innovative products.In terms of energy storage battery products, Hithium Energy Storage currently mainly offers 280Ah and 314Ah cells and has unveiled the ∞Cell 587Ah and ∞Cell 1175Ah ESS batteries. Furthermore, it has introduced the sodium-ion ESS battery with a cycle life exceeding 20,000 cycles. Protected by its strong core scientific and technological capabilities, the company has entered a vigorous new product cycle.For energy storage system products, Hithium Energy Storage provides all-round energy storage systems with leading capabilities that can be applied in power stations, grids, data centers, commercial and industrial, and residential scenarios. Current delivered products include the 5MWh liquid-cooling energy storage system. Last month, at RE+ 2025—the largest and most influential international solar and energy storage exhibition globally, held in Las Vegas, USA—Hithium Energy Storage unveiled energy storage solutions for AI Data Centers (AIDC), such as the ∞Power 6.25MWh 8h lithium-ion long-duration energy storage system.Its core R&D innovation strength has also provided crucial assistance for Hithium Energy Storage to achieve scaled production and extreme efficiency. It is reported that Hithium Energy Storage has continuously overcome technological bottlenecks and successfully iterated four generations of smart factories within the last three years, leading to a continuous decline in unit manufacturing costs over the past three years. Currently, the company’s fifth-generation factory is also under construction and is expected to commence operation next year. Combined with the explosive growth in Hithium Energy Storage’s shipment data, it is fair to say that “Hithium Smart Manufacturing” has become a reality. Furthermore, the prospectus reveals that the ∞Cell 587Ah, ∞Cell 1175Ah, and ∞Cell N162Ah ESS battery cell products, as well as the ∞Power 6.25 MWh 2h/4h ESS system product, are all expected to achieve mass production in the second half of the year, which will lead to a continued significant increase in Hithium Energy Storage’s shipments in the latter half of the year.How to Evaluate the Investment Value of an “Evolving” Energy Storage Leader?Looking across the global capital markets, star technology stocks in mainstream markets have generally been favored by capital this year. The clear dominance of the growth style is underpinned by emerging industries, including new energy, which are gradually becoming critical drivers stimulating current economic growth, thereby guiding market consensus and capital flows.Given Hithium Energy Storage's strong growth DNA, its consistent delivery on growth expectations over the past few years, and its high growth visibility for the future, it is anticipated that the company will become a highly sought-after “hot commodity” in the new stock market after its listing on the HKEX.Reviewing its historical performance, Hithium Energy Storage achieved a compound annual growth rate of 89% in revenue from 2022 to 2024. The gross profit margin significantly jumped from 11.3% in 2022 to 17.9% in 2024. Concurrently, the net profit metric achieved a historic turnaround in 2024, reaching RMB 288 million. Over the same period, the company's metric of total assets minus current liabilities also grew annually, increasing from RMB 718 million in 2022 to RMB 1.701 billion in 2024, indicating a continuously optimizing balance sheet. Building upon the high-performance base of 2024, Hithium Energy Storage's core financial data continued its rapid advance in the first half of this year, strongly fulfilling growth expectations.A detailed analysis shows that Hithium Energy Storage’s proactive adjustment of its business structure and market strategy is also a key reason for the leap in its financial data. In terms of business structure, the company continues to promote the development of businesses with higher added value. According to data from the prospectus, the revenue from energy storage systems accounted for 18.3% of total revenue in the first half of this year, a significant increase from 7.9% in the same period last year. From a profitability perspective, the gross margin for the ESS System business was 29.7% in the first half, notably higher than the 9.7% gross margin for the ESS Battery business. The rising weight of high-margin business clearly had a positive impact on increasing the company's profits.Regarding its market strategy, as stated at the beginning of the article, Hithium Energy Storage has achieved global operations covering the entire value chain, guided by its globalization strategy. In 2024, the company's international revenue ratio historically rose to 28.6%. In the first half of this year, Hithium Energy Storage's revenue scale and revenue contribution ratio in Europe, the Middle East, Africa, Australia, and other countries and regions in Asia all significantly increased. All evidence indicates that Hithium Energy Storage's strategic move to establish advanced production capacity in the United States played an extremely critical role in the further scaling of the company's overall performance in the first half of this year. Currently, the company's strategy of building a diversified global market is accelerating in its effectiveness, and its reliance on any single regional market is significantly reduced.ZhiTong Finance believes that Hithium Energy Storage's track record has already proven it to be a company with deep growth DNA. Furthermore, considering the broad prospects of the energy storage sector and the company's long-term strategy of increasing its presence in international markets, the company's growth sustainability and visibility are excellent. Therefore, Hithium Energy Storage can be considered a high-potential stock in the energy storage field with significant long-term investment value. A company that aligns with market preference and investor expectations, upon its successful listing on the HKEX, is highly likely to be sought after by various capital sources. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Performance Highlights01. Revenue Exceeded RMB100 Billion in the First Three Quarters: The Group recorded revenue of RMB117.061 billion, net profit attributable to shareholders and other equity holders of the Company of RMB1.566 billion, and after excluding nonrecurring items, the net profit attributable to shareholders and other equity holders of the parent company amounted to RMB1.455 billion.02. Cash flow improved substantially: Net operating cash flow increased significantly by 510.19% year-on-year to RMB9.827 billion.03. Active Share Buybacks to Enhance Investor Confidence: This year, the Group successively launched an H-share repurchase plan of up to HKD500 million and an A-share repurchase plan of RMB300–500 million (inclusive). As of 30 October, the cumulative H-share repurchase amounted to approximately HKD190 million, involving about 25.79 million H-shares, and the cumulative A-share repurchase amounted to approximately RMB103 million, involving about 12.45 million A-shares.04. Offshore Engineering Business Saw Year-on-Year Improvement in Operating Efficiency: Benefiting from the continuous improvement in delivery efficiency and lean management, the operating performance recorded a year-on-year increase, achieving the goal of high-quality development. Within the third quarter, the P83 hull was delivered, marking the fourth FPSO delivered by the Group’s offshore engineering business.05. Energy & Chemical Segment Maintained Steady Growth: CIMC Enric’s overall orders on hand amounted to approximately RMB30.763 billion, representing a year-on-year increase of 10.9%, with shipbuilding orders booked through 2028. Benefiting from the unleashing of profit from the offshore clean energy sector, the incremental profit contribution from the COG-to-hydrogen co-production LNG project and the stable export of high-end low-temperature tanks overseas, achieved significant year-on-year increase in its reportable segment profit.06. Production and Sales Volumes of Container Manufacturing Business Remained at a Relatively Sound Level: The growth rate of global trade in goods remained resilient, the global container trade volume exceeded the expectation at the beginning of the year, coupled with factors such as Red Sea detour, port congestion, and environmental requirements for shipping, the container manufacturing business remained at a relatively sound level. The Group’s cumulative sales volume of dry cargo containers reached 1,801,800 TEUs, while cumulative sales of reefer containers increased by 64.35% year-on-year to 153,500 TEUs.HONG KONG, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) – China International Marine Containers (Group) Co., Ltd. (“CIMC Group” or the “Group”, stock code: 000039.SZ/02039.HK) is pleased to announce the unaudited third-quarter results for the nine months ended 30 September 2025 (the “Period”).In the first three quarters of 2025, despite the uncertainty of the global trade environment, CIMC Group continued to promote business structure optimization and enhance operational efficiency, maintaining overall steady performance. During the Period, the Group’s revenue amounted to RMB117.061 billion, the net profit attributable to shareholders and other equity holders of the Company amounted to RMB1.566 billion; the cash flow improved substantially, the net operating cash flow increased substantially by 510.19% year-on-year to RMB9.827 billion.In terms of container manufacturing business, in the first three quarters of 2025, despite the influence of factors such as U.S. tariff policies and tense geopolitical situations, the growth rate of global trade in goods remained resilient. According to the forecast in September 2025 made by CLARKSONS, an authoritative industry analysis institution, the global container trade volume will grow by 3.0% year-on-year in 2025, exceeding the expectation at the beginning of the year. In the meantime, factors such as Red Sea detour, port congestion, and environmental requirements for shipping have further reduced container shipping efficiency, and maintained stable demand for containers. During the Period, the Group’s cumulative sales volume of dry cargo containers reached 1,801,800 TEUs (same period in 2024: 2,486,300 TEUs), maintained a sound level; meanwhile, driven by South American fruit exports, the demand for reefer containers saw significant growth during the Period, the cumulative sales volumes of reefer containers reached 153,500 TEUs (same period in 2024: 93,400 TEUs), representing a year-on-year increase of 64.35%.In terms of road transportation vehicle business, CIMC Vehicles recorded worldwide a total sales volume of various vehicles of 101,583 units, representing a year-on-year increase of 7.21%, and an aggregated revenue of RMB15.012 billion, continued to show a sequential recovery in the third quarter. In terms of semi-trailer business, domestic market, guided by the “StarChained Only” strategy, through enhancing order delivery efficiency and strengthening supply capabilities in centralized procurement, in the first three quarters, China’s semi-trailer business saw a year-on-year increase in revenue of 16.3% and in gross profit margin of 2.6 percentage points. The overseas market maintained strategic focus despite the disruption caused by tariffs, the semi-trailer business in the Global South achieved a year-on-year increase in revenue of 15.79%, in sales volume of 21.39%. The truck body business (including EV-DTB) achieved a revenue of RMB2,333 million in total, indicating a sound year-on-year increase, sustained focus on new energy products. The pure electric tractor and trailer business completed planning for the establishment of the EV-RT 2.0 product R&D and operation system, and completed prototype validation for two models: electric tractors and trailers for dump trucks, and electric tractors and trailers for mixers.The airport facilities and logistics equipment, fire safety and rescue equipment business demonstrated a rapid growth trend in revenue and profit. Growth in the airport facilities business was primarily attributable to the release and settlement of high-quality orders accumulated in earlier periods. The logistics equipment business completed and delivered the automated stereoscopic warehouse supporting the Petrochemical Refining and Chemical Integration Project (Phase I), a large-scale, technologically advanced facility in China’s chemical industry. Guided by the national Belt and Road policy, the fire safety and rescue equipment business drove domestic subsidiaries to expand into overseas markets proactively, undertook specialized research for multiple national and provincial-level projects, and deployed smart firefighting and unmanned fire truck technologies.In terms of logistics services business, against the backdrop of uncertain tariff policies and low freight rates, CIMC Wetrans achieved stable operating results and a substantial year-on-year improvement in cash flow through strengthened accounts receivable management, optimised capital turnover, and the streamlining of underperforming operations. During the Period, the company formally launched its strategic upgrade of “second entrepreneurship”, establishing three major business groups (BGs): Marine Logistics, Industrial Logistics, and Port Logistics, and accelerating the development of additional network nodes in the Middle East and Africa to cultivate new growth drivers. In the Comprehensive List of Freight Forwarding and Logistics Enterprises released by the China International Logistics and Freight Forwarding Association, CIMC Wetrans once again ranked among the top four, further solidifying its industry standing.In terms of energy, chemical and liquid food business, the main operating entity, CIMC Enric steadily achieved an overall revenue growth of 7.7% year-on-year to RMB19,348 million and an increase in net profit attributable to the parent company of 12.9% year-on year to RMB767 million. As of the end of September 2025, CIMC Enric’s overall orders on hand amounted to approximately RMB30,763 million, representing a year-on-year increase of 10.9%, in particular, shipbuilding orders have been booked through 2028; the accumulated new orders signed in the first three quarters amounted to RMB19,641 million, basically at a stable level. Specifically, Benefiting from the unleashing of profit from the offshore clean energy sector, the incremental profit contribution from the COG-to-hydrogen co-production LNG project and the stable export of high-end low-temperature tanks overseas, the revenue of the clean energy segment soared by 19.4% year-on-year to RMB15,037 million in the first three quarters of 2025; the revenue from the chemical and environment business declined year-on-year in the first three quarters of 2025; however, the early-invested medical-related business continued to perform well. The liquid food segment was affected by macroeconomic uncertainties, and project progress was delayed to some extent, resulting in a year-on-year decrease in revenue during the Period. Going forward, the segment will continue to focus on the domestic market, while reducing costs and enhancing the efficiency of overseas operations to accelerate project progress.In terms of marine engineering business, thanks to the continuous improvement in delivery efficiency and lean management, the operating performance recorded a year-on-year increase. In terms of project construction and delivery, the “CADWELL”, a 7,000 CEU car carrier built at Longkou Port, departed for delivery in July; the hull delivery ceremony for P83 was held at Yantai Port in August, marking the fourth FPSO delivered following the P71, P78 and P80 projects; and the Scarabeo 5 LNG FPU was delivered and dispatched for operations in the waters off Congo in September. In terms of the offshore engineering asset operation and management business, the Group’s leased offshore engineering assets operated normally in accordance with lease contracts during the Reporting Period, providing high-quality services to customers. At the same time, the Group continued to promote asset disposal in response to market changes. During the Period, leases for the sixth-generation semi-submersible drilling platform “Deepsea Yantai” were signed for five wells, injecting momentum into revenue growth. The seventh-generation ultra-deepwater semi-submersible drilling platform “Blue Whale No. 1” entered the fitting-out phase and has been preparing for the fulfillment of a new lease agreement. Meanwhile, through refined management and process optimization, the company’s operating costs decreased to some extent, effectively expanding profit margins and enhancing operating returns.The management of the Group stated, “Since the beginning of 2025, the global economic and trade environment has been complex and volatile. Adhering to its global layout strategy and commitment to technological innovation, CIMC Group has achieved steady development across all business segments. Looking ahead, the Group will continue to seize opportunities in new quality productive forces and green transformation, consolidate the foundation of its global operating platform, and promote high-quality and sustainable development, and embrace the manufacturing era of energy.”About China International Marine Containers (Group) Co., Ltd.The CIMC Group is a world-leading equipment and solution provider in the logistics and energy industries, and its industry cluster mainly covers logistics and energy fields, strengthening its position as a global market leader. In the logistics field, the Group still adheres to taking container manufacturing business as its core business, based on which to develop road transportation vehicles business, airport facilities and logistics equipment/fire safety and rescue equipment business and to a lesser extent, logistics services business and recycled load business providing products and services in professional field of logistics; in the energy field, the Group is principally engaged in energy/chemical/liquid food equipment business and offshore engineering business; meanwhile, the Group also continuously develops emerging industries and has finance and asset management business that serves the Group itself. As a diversified multinational industrial group that shoulders the mission of global serving, CIMC owns a total of 4 listed companies and over 300 member enterprises in Asia, North America, Europe, Australia, and others, and extensive customers and sales networks covering more than 100 countries and regions. In 2024, the Group recorded a revenue of RMB177.664 billion, with gross profit margin remaining at 12.52% and net profit of RMB4.195 billion. The Group was ranked 154th in the Fortune 500 China 2025. For more information, please visit http://www.cimc.com/. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) – A business delegation jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC) and led by Financial Secretary Paul Chan visited Riyadh, the capital of Saudi Arabia, from 27 to 31 October.The delegation attended the Future Investment Initiative (FII) Summit and met with senior government officials and business leaders to promote collaboration between Hong Kong and Saudi Arabia in areas, such as innovation and technology (I&T), smart city, AI, fintech and biotechnology, supporting the goals of Saudi Arabia’s Vision 2030.The visit successfully fostered exchange between Hong Kong and Chinese Mainland companies based in Hong Kong and their Saudi counterparts, deepened their understanding of the Middle East market and promoted Hong Kong’s unique role as a superconnector and super value-adder in global trade.Saudi Arabia is the largest economy in the Middle East, with a GDP of US$ 1.084 trillion in 2024. As of 2024, it is Hong Kong’s fourth-largest trading partner and third-largest export market in the region. Despite its vast oil reserves, Saudi Arabia’s Vision 2030 aims to reduce reliance on oil and transform the country into a private sector-led, open economy. The plan seeks to enhance national competitiveness and attract foreign investment, particularly in infrastructure, tourism and green energy.Saudi Arabia’s economic transformation presents new opportunities for Hong Kong and mainland enterprises. The composition of the delegation reflects the strong interest of both business communities in the Saudi market and highlights Hong Kong’s role as a key platform connecting international and mainland enterprises. The delegation comprised around 40 representatives from sectors, including I&T, smart cities, AI, fintech and biotechnology.On 28 October, the delegation attended the FII Summit opening ceremony and a key thematic discussion session, at which Financial Secretary Paul Chan shared Hong Kong's experience in promoting various public-private partnership models. He noted that the HKSAR Government is expediting the development of the Northern Metropolis as a new engine for economic diversification, a key base for I&T industries and a source of quality employment opportunities.”In addition to attending the FII Summit, the delegation held meetings with local chambers and institutions, including Saudi Awwal Bank, Saudi National Bank, Riyadh Chamber of Commerce and Industry and Saudi Chinese Business Council. They also visited major development projects, including Diriyah Gate Development Authority, Red Sea Global, the New Murabba smart city and The Garage technology park. These engagements facilitated exchange in investment, cross-border finance, market expansion, academic collaboration and professional services.A highlight of the visit was the Hong Kong–Saudi Arabia Business Dinner, which provided a valuable platform for in-depth discussions between Saudi enterprises and the delegation. The event fostered diverse collaboration opportunities and led to the signing of multiple memoranda of understanding (MoU) and cooperation agreements, covering areas, such as smart mobility, green energy, AI, robotics and digital transformation, laying a solid foundation for future partnerships.Anna Cheung, Assistant Executive Director of the HKTDC, said: “The HKTDC is honoured to co-organise this mission with the HKSAR Government. Led by the Financial Secretary, this visit to Riyadh has helped Hong Kong and mainland enterprises based in the city explore new business opportunities and further strengthen Hong Kong-Saudi economic ties.”She added that the HKTDC will continue to promote bilateral cooperation through exhibitions, forums, overseas missions and business matching activities, and looks forward to seeing more Saudi enterprises leverage Hong Kong as a gateway to the Chinese Mainland and the wider Asian market.Multiple MoUs and cooperation agreements were signed at the Hong Kong-Saudi Arabia Business Dinner on 30 October:Hong Kong Trade Development Council and Digital Cooperation OrganizationBeijing Yunji Technology Co., Ltd and Young Life Travel and Tourism Co., LimitedI2Cool Company Limited and Madar Building Materials Company LimitedMaphive Technology Limited and Arabian Business Machines Company, a subsidiary of Olayan Saudi Holding CompanyShenzhen RabbitPre Intelligence Technology Co., Ltd and HIBOBI Technology LimitedPhoto Download: https://bit.ly/4opjihuAnna Cheung, Assistant Executive Director of the HKTDC (third left, front row), and members of the business delegation attended the FII Summit opening ceremony and a key thematic discussion session on 28 October, at which Financial Secretary Paul Chan (fourth left, front row) delivered remarksGroup photo of the delegation’s visit to the Saudi National BankThe delegation held a bilateral meeting with the Riyadh Chamber of Commerce and IndustryThe delegation met with representatives of Diriyah Gate Development AuthorityThe Hong Kong-Saudi Arabia Business Dinner was held in Riyadh on 30 October, providing a platform for in-depth exchange between local enterprises and delegation members to explore collaboration opportunities. The event led to the signing of several multiple memoranda of understanding (MoU) and cooperation agreementsMedia enquiriesHKTDC’s Communication & Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgSam HoTel: (852) 2584 4569Email: sam.sy.ho@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

- Expansive 20,000 square feet centre featuring nearly 300 workstations in the prestigious One IFC.- Luxurious VIP Lounge and designer Members’ Lounge complemented by a fully serviced Barista Bar.- TEC's 13th centre in Hong Kong, reinforcing its leadership in premium flexible workspace solutions.HONG KONG, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) – The Executive Centre (TEC), a premium flexible workspace provider, is proud to announce the grand opening of its latest centre at Level 9, One IFC, an iconic address in the heart of Central Hong Kong. This new centre spans nearly 20,000 square feet and accommodates close to 300 workstations, marking a significant milestone as TEC’s 13th centre in the city.This new location epitomizes exclusivity and sophistication, offering a range of high-end amenities tailored to meet the diverse needs of modern professionals. Among its offerings are premium Private Offices, Manager Suites, and an exclusive luxury VIP Lounge designed for high-level meetings, complemented by two additional Meeting Rooms equipped with cutting-edge technology to facilitate seamless collaboration.Jennifer So, City Head of Hong Kong at The Executive Centre, remarked on the importance of this launch: “Since our inception in Hong Kong in 1994, we have strived to set the standard for premium flexible workspaces across Asia. Today, as we celebrate the opening of our new centre at One IFC during our 31st anniversary, we reaffirm our unwavering commitment to excellence. This centre is not merely a new location; it embodies our belief that a harmonious blend of luxury and flexibility is essential for providing our clients with a competitive edge in an ever-evolving business landscape. Our expansion here reflects our confidence in the Hong Kong market and our commitment to supporting businesses in this vibrant city.”The centre features a meticulously designed Members’ Lounge that boasts breathtaking panoramic views of Victoria Harbour, along with a fully serviced Barista Bar. The interior design, characterized by curve-inspired ceilings, a contemporary marble reception, and warm wooden accents, creates an inviting and inspiring atmosphere for all members.Additional highlights include:- A luxurious VIP Lounge that exudes a sense of ‘quiet luxury’ with designer furnishings and exquisite finishes.- Two contemporary Meeting Rooms equipped with cutting-edge technology and exceptional soundproofing for privacy and focus.- Over 2,000 square feet of elegantly appointed Event Space, ideal for hosting corporate events and networking functions.- A thoughtfully designed nursing room featuring a massage chair, catering to the needs of working parents.The Executive Centre at One IFC stands as a testament to TEC’s dedication to delivering best-in-class service and innovative workspace solutions, ensuring that members have access to an environment that fosters productivity and creativity.As TEC continues to expand its footprint in Hong Kong, the opening of this new centre at One IFC reinforces its position as a pioneer in the flexible workspace sector, committed to enhancing the professional experience for all its members.About The Executive CentreThe Executive Centre (TEC) is a premium flexible workspace provider, opened its doors in Hong Kong in 1994 and has over 240+ Centres in 37 cities and 15 markets.The Executive Centre caters to professionals and industry leaders. TEC has a global network spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East, and Australia. Each Executive Centre offers a prestigious address with the advanced infrastructure to meet the needs of its Members.Privately owned and headquartered in Hong Kong, TEC provides Private and Shared Workspaces, Business Services, and Meeting & Events facilities to suit its clients’ business' needs.www.executivecentre.comPress EnquiriesThe Executive CentrePebble LeePebble_lee@executivecentre.com / +852 3951 9888 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - October 30, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce a non-brokered private placement of flow-through shares and non-flow-through units for gross proceeds of up to C$10,000,000 (the "Private Placement"). Proceeds of the Private Placement shall be used to fund the current exploration program and general working capital. Proceeds of the sale of the FT Shares will be used for exploration work on its BC projects, particularly for the polymetallic Hat Project, located in northwestern BC. This work includes drilling, geological advisory and analytical services as well as other development work and other "Canadian exploration expenses" that qualify as "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada) (the "Tax Act")).The flow-through portion of the Private Placement will consist of up to 5,000,000 flow-through Shares ("FT shares ") at a price of $1.00 per FT share for up to C$5,000,000.Additionally, the Company will issue up to 7,142,857 hard dollar units ("non-FT Units") at a price of $0.70 per non-FT Unit, for up to C$5,000,000. Each non-FT Unit will consist of one common share and one full Warrant at an exercise price of $1.00 for 24 months from the date of issue. Each Warrant shall be subject to an accelerated expiry date at the option of the Company in the event the ten (10) day volume-weighted average price of the common shares of the Company on the TSXV for any ten (10) consecutive trading days is $1.25 or more.Pursuant to applicable Canadian securities laws and in accordance with the TSX Venture Exchange policies, all securities issued under this Offering will be subject to applicable resale restrictions under applicable securities laws and to the Exchange hold period of four-months and one day from the date of issuance. In connection with the Private placement, Doubleview may pay a finder's fees in accordance with the policies of the TSXV consisting of cash and/or finder's shares.The closing of the Offering is subject to receipt of all necessary regulatory approvals including the TSX Venture ExchangeAbout Doubleview Gold CorpA mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (WKN: A1W038) and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.About the Hat Polymetallic DepositThe Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below:Open Pit Model HatResource CategoryTonnageAverage GradeMetal ContentCuEqCuCoAuAgCuEqCuCoAuAgMt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand ozIn PitIndicated1500.4080.2210.0080.190.421,353733289292,045Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575 Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.For further details, please refer to the Company's July 25, 2024 news release.Qualified Person:Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the written technical disclosure contained in the news release. He is not independent of Doubleview as he is a shareholder in the company.On behalf of the Board of Directors,Farshad Shirvani, President & Chief Executive OfficerFor further information please contact:Doubleview Gold CorpVancouver, BC Farshad ShirvaniPresident & CEOT: (604) 678-9587E: corporate@doubleview.caNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.The information contained herein contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. All statements, other than statements of historical fact, are forward-looking statements and are based on predictions, expectations, beliefs, plans, projections, objectives and assumptions made as of the date of this news release, including without limitation: the size of the Private Placement and other statements concerning the Private Placement; the anticipated use of proceeds from the Private Placement; the renunciation to the purchasers of FT Shares and timing thereof; the tax treatment of the FT Shares and the Company's plans regarding exploring its mineral exploration properties; anticipated results of geophysical drilling programs, geological interpretations and potential mineral recovery. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate funding on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to the gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise any forward-looking statements, other than as required by applicable law, to reflect new information, events or circumstances, or changes in management's estimates, projections or opinions. Actual events or results could differ materially from those anticipated in the forward-looking statements or from the Company's expectations or projections.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272690 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) – HighTide Therapeutics, Inc. (2511.HK), a biopharmaceutical company specializing in the development of multifunctional, multi-targeted therapies for chronic metabolic diseases, announced positive 52-week safety and efficacy results from the open-label extension (OLE) phases of two Phase III trials (SYMPHONY-1 and SYMPHONY-2) evaluating HTD1801 in patients with type 2 diabetes mellitus (T2DM).The 52-week data from these two Phase III clinical trials demonstrate the durability of response and highlight the comprehensive long-term clinical benefits of HTD1801 in patients with T2DM. HighTide plans to submit a new drug application (NDA) for HTD1801 as a treatment for T2DM to the Center for Drug Evaluation (CDE) of China's National Medical Products Administration (NMPA) later this year.SYMPHONY-1 (NCT06350890) and SYMPHONY-2 (NCT06353347) are randomized, double-blind, placebo-controlled, Phase III clinical trials designed to evaluate the efficacy and safety of HTD1801 in adults with T2DM and inadequate glycemic control despite diet and exercise (SYMPHONY-1; N=408) or with Metformin (SYMPHONY-2; N=551). The primary endpoint in both studies was the change in glycated hemoglobin (HbA1c) from baseline with HTD1801 compared to placebo after 24 weeks of treatment. Patients were eligible to continue in a 28-week OLE during which all patients received HTD1801; Durability of response across efficacy endpoints was evaluated based on the change from baseline to Week 52.Efficacy observed during the 24-week double-blind period was durable and maintained with longer-term treatment through 52 weeks in both studiesSYMPHONY-1 (HTD1801 as monotherapy): At week 24, the reduction from baseline in HbA1c with HTD1801 (-1.3%) was superior to placebo. HbA1c reductions were maintained in patients who continued receiving HTD1801 (-1.2% at Week 52). Placebo patients who switched to HTD1801 saw a reduction in HbA1c of -1.3% at Week 52, substantiating the double-blind phase findings.SYMPHONY-2 (HTD1801 as an add-on therapy to Metformin): At week 24, the reduction from baseline in HbA1c with HTD1801 (-1.2%) was superior to placebo. HbA1c reductions were sustained in patients who continued receiving HTD1801 (-1.1% at Week 52). Placebo patients who switched to HTD1801 saw a reduction in HbA1c of -1.2% at Week 52, also substantiating the double-blind phase findings.In both studies, the durability of effect on other cardiometabolic and renal endpoints was maintained at 52 weeks, suggesting comprehensive advantages of HTD1801 beyond glycemic control with long-term treatment.In both studies, the proportion of patients receiving HTD1801 during the double-blind phase who achieved target HbA1c

NEW YORK, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) - TruMerit President and CEO Peter Preziosi has been elected President of the Conference of Non-Governmental Organizations in Consultative Relationship with the United Nations, also known as CoNGO.CoNGO | TruMeritConference of Non-Governmental Organizations in Consultative Relationship with the United Nations, also known as CoNGO and TruMeritCoNGO is an international non-governmental organization founded in 1948 that relates to the United Nations through its General Consultative Status granted by the United Nations Economic and Social Council (ECOSOC). It has 525 member organizations from around the world and 106 associate members.Dr. Preziosi was elected to serve for the 2025-29 term this week at the 28th CoNGO General Assembly, which took place in New York with the virtual participation of organizations from around the world. He succeeds the Rev. Dr. Liberato C. Bautista, the main representative to the UN for the General Board of Church and Society of The United Methodist Church, who has served as CoNGO's President since 2017 and also held the post from 2007 to 2011.TruMerit has been a member of CoNGO since 2018 and is active in the organization's affairs, having served as the organization's Secretary to the CoNGO Board and as chair of its Membership Committee.Dr. Preziosi is the first Registered Nurse to serve as CoNGO President. He is a nonprofit executive who since early 2023 has led TruMerit, formerly known as CGFNS International, a health workforce development organization committed to advancing the ethical mobility and professional growth of health workers worldwide. Previously, he was employed by the World Health Organization to help establish its technology-driven global learning center, the WHO Academy.Dr. Bautista, the former President of CoNGO, extended his warm congratulations to Dr. Preziosi on his election. "His experience at TruMerit and at WHO, coupled with his profound dedication to multilateralism and his engagement with civil society, provide a basis for optimism regarding CoNGO's future. In an era where the voice and influence of civil society are of paramount importance in shaping a shared future that upholds human dignity and rights, as well as planetary sustainability, Dr. Preziosi's leadership is expected to enhance CoNGO's role as a pivotal supporter and advocate for democratic and equitable participation within the United Nations and beyond," he stated."CoNGO has long been a vital convener of NGOs, a bridge between civil society and an advocate for their engagement at the United Nations, as well as a steadfast champion of inclusive multilateralism - a concept that, unfortunately, is increasingly under attack," said Preziosi."In response, let us assert civil society participation at the United Nations not as a plea, but as a principle - one that is essential to legitimate, effective, and ethical multilateralism, and thereby is critical to the attainment of the Sustainable Development Goals and adherence to the rule of law," he said.About CoNGO (Conference of Non-Governmental Organizations in Consultative Relationship with the United Nations)The Conference of Non-Governmental Organizations in Consultative Relationship with the United Nations (CoNGO) is an independent, international membership association founded in 1948, the year of the Universal Declaration of Human Rights. As a non-governmental organization (NGO) in general consultative status with the UN Economic and Social Council, our work relates to the entire United Nations System: the Secretariat, Agencies, Treaty Bodies, Regional Commissions, Institutes, Summits and World Conferences.CoNGO wholeheartedly endorses the goals and values enshrined in the United Nations Charter and is a strong advocate for multilateralism to resolve global political, environmental, health, and other threats. Close to 30 CoNGO Substantive Committees (called NGO Committees) related to CoNGO in New York, Geneva, Vienna, and regions worldwide demonstrate our commitment to supporting the mission of the United Nations, systemwide. CoNGO has a membership of diverse NGOs working in consultation with the United Nations, in collaboration with each other, and in cooperation with other like-minded stakeholders. ngocongo.orgAbout TruMeritTruMerit is a worldwide leader in healthcare workforce development. Formerly known as CGFNS International, the organization has a nearly 50-year history supporting the career mobility of nurses and other healthcare workers - and those who license and hire them - by validating their education, skills, and experience as they seek authorization to practice in the United States and other countries. As TruMerit, this mission has been expanded to building workforce capacity that meets the needs of people in a rapidly evolving global health landscape. Through its Global Health Workforce Development Institute, the organization is advancing evidence-based research, thought leadership, and advocacy in support of healthcare workforce development solutions, including globally recognized practice standards and certifications that will enhance career pathways for healthcare workers. www.trumerit.orgContact InformationDavid St. Johndstjohn@trumerit.orgSOURCE: TruMerit Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Auckland, New Zealand, Oct 30, 2025 - (ACN Newswire via SeaPRwire.com) - At the inaugural European Union – New Zealand Business Summit, Decent Cybersecurity represented Europe's growing strength in digital and defence technologies. The company's Founder and CEO, Matej Michalko, joined industry leaders to discuss innovation partnerships, cybersecurity resilience, and post-quantum readiness across trans-Pacific markets. The event gathered over 400 participants from business, technology, and research communities, underscoring a shared commitment to building secure and sustainable digital infrastructure between Europe and New Zealand.Hosted by Hon Todd McClay, New Zealand's Minister for Trade & Investment, in partnership with Team Europe (the Ambassadors of the EU and its Member States), the Summit celebrated the strong growth of trans-Pacific cooperation. Since the EU–NZ Free Trade Agreement entered into force in 2024, two-way trade has already risen by NZ $2 billion, reaching NZ $21.6 billion in 2025.The event was officially opened by Prime Minister Christopher Luxon, who described the EU as "an innovation partner" and emphasised the shared values and strategic alignment between Europe and New Zealand in advancing trade, defence, and technology.A Platform for Global Partnerships and Digital InnovationCommissioner Šefcovic, a native of Slovakia, delivered a keynote address outlining Europe's vision for resilient supply chains, strategic autonomy, and secure digital transition. Later in the day, the "Quickfire with Central and Eastern Europe" session showcased innovation leaders from across the region.Representing European Union and its member country Slovakia, Matej Michalko presented on the country's growing role in post-quantum cybersecurity, AI for defence systems, and trusted blockchain infrastructure — areas where Decent Cybersecurity is establishing Europe-wide leadership."It was an honour to represent European Union and Slovakia alongside Commissioner Šefcovic and to demonstrate how our country is contributing to Europe's digital and defence sovereignty," said Matej Michalko, CEO of Decent Cybersecurity. "The EU–New Zealand partnership opens new doors for innovation, technology exchange, and secure infrastructure development that transcend continents."Shared Vision for Innovation and SecurityThe Summit agenda featured strategic panels on clean tech, AI, bioeconomy, and aerospace & defence, with global leaders from Airbus, Rocket Lab, OHB, and Maersk. It culminated with a joint address by Commissioner Šefcovic and Minister McClay, setting out a shared vision for deeper economic and technological integration between Europe and New Zealand — an effort strongly endorsed by Prime Minister Luxon in his opening remarks.For Decent Cybersecurity, participation in this summit reinforces its mission to connect European post-quantum, blockchain and AI-driven innovation with global partners in the Asia-Pacific region — bridging defence, technology, and critical-infrastructure ecosystems.About Decent CybersecurityDecent Cybersecurity s. r. o. is a European deep-tech company developing post-quantum and blockchain-based cybersecurity solutions for defence and critical infrastructure. Certified by TÜV SÜD (ISO 9001 and ISO 27001) and holding NATO, EU, and national SECRET-level security clearances, the company is a member of European Defence Fund (EDF) projects and a founding member of the Critical Infrastructure Association of Slovak Republic (Asociácia kritickej infraštruktúry SR, AKI SR).Media contactBrand: Decent CybersecurityContact: Media teamWebsite: https://decentcybersecurity.eu Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com