Business delegation visits Kazakhstan to strengthen economic and trade cooperation ACN Newswire

Business delegation visits Kazakhstan to strengthen economic and trade cooperation

Astana, Kazakhstan, Jun 2, 2026 - (ACN Newswire via SeaPRwire.com) - A business delegation led by the Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, and organised by the Hong Kong Trade Development Council (HKTDC), began its visit to Astana, the capital of Kazakhstan, on 1 June. During the visit, a total of 43 memoranda of understanding (MoUs) and announcements were signed, covering areas including trade and commerce, investment, financial services, technology, aviation, and green finance. These agreements further strengthened trade, economic and industrial cooperation among Hong Kong, Chinese Mainland and Kazakhstan, fully leveraging Hong Kong’s unique role as the country’s two-way services platform and supporting enterprises in tapping opportunities in Central Asia.The delegation will conclude its Kazakhstan visit tomorrow and depart for Uzbekistan to further explore business and trade cooperation among Hong Kong, Chinese Mainland and Central Asian countries under the Belt and Road Initiative.To promote business collaboration, the HKSAR Government and the HKTDC jointly hosted a business luncheon today, attracting more than 300 business leaders and senior officials.John Lee, the Chief Executive of the HKSAR, said at the luncheon: “Kazakhstan has, for centuries, connected Eastern and Western civilisations, serving as a bridge of commerce, culture and innovative ideas. That legacy continues today. From the port of Khorgos to the Trans-Caspian International Transport Route, Kazakhstan is now a business and logistics hub linking China, our country, and Europe. Rich in oil and mineral resources, and rapidly developing and diversifying, Kazakhstan is a regional economic powerhouse. Hong Kong, a pivotal player in the Belt and Road Initiative, looks forward to working with Kazakhstan in creating mutual opportunities.”Prof Frederick Ma, Chairman of the HKTDC, said: “Kazakhstan is the largest economy in Central Asia, accounting for 53% of the region’s GDP in 2025. Under its Kazakhstan 2050 Strategy, the country is actively promoting economic diversification, with the goal of becoming one of the world’s top 30 most developed economies by 2050, demonstrating strong growth potential. This visit has enhanced local enterprises’ understanding of Hong Kong’s advantages as a superconnector and super value-adder. Under the Belt and Road Initiative, we believe substantial cooperation opportunities will emerge across various sectors, including logistics infrastructure, green finance, digital economy, agricultural upgrading and food processing. The model of Mainland enterprises going global with Hong Kong while leveraging the HKTDC platform will create new opportunities for collaboration with Central Asia.”Following previous visits to Qatar and Kuwait last year, this delegation once again brings together the strengths of Hong Kong and Mainland enterprises. The delegation comprises 70 business leaders from Hong Kong and enterprise representatives from 17 provinces and municipalities across the Chinese Mainland, covering a wide spectrum of sectors, including financial and professional services, logistics and transportation, innovation and technology, trade, green industries, energy and mining, biopharmaceuticals, the automotive industry as well as the media. For the first time, representatives from journalism associations, including The Newspaper Society of Hong Kong and the Hong Kong News Executives’ Association, have joined the delegation, in line with the Policy Address’s initiative to enable local media to develop their overseas network and tell the Hong Kong story.During their stay in Kazakhstan, the delegation met with senior representatives from government bodies, chambers of commerce and major corporations, including the National Chamber of Entrepreneurs of the Republic of Kazakhstan ‘Atameken’, ‘Baiterek’ National Investment Holding, Halyk Bank and Samruk-Kazyna. They exchanged views on strengthening bilateral trade ties and industrial collaboration and explored opportunities to leverage Hong Kong as a platform for broader regional cooperation.The delegation also visited Astana Hub and the Astana International Financial Centre (AIFC) to gain insights into the latest developments in innovation and technology as well as financial services in Kazakhstan.According to available data, Kazakhstan’s GDP is projected to grow by 4.6% in 2026, reaching approximately US$360.5 billion, to maintain its position as the largest economy in Central Asia and among the world’s top 50 economies. Uzbekistan’s GDP is forecast to grow by 6.5% in 2026, reaching approximately US$181.5 billion, with its GDP in US dollar terms having doubled between 2017 and 2025. Overall, the IMF forecasts GDP growth for Central Asia and the Caucasus at 6.2% in 2025 and 4.8% in 2026, higher than the global average of 3.1%. During its Kazakhstan visit, the delegation facilitated 43 MoUs and announcements, including:1.Hong Kong Trade Development Council (HKTDC) and National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken"2.Hong Kong Trade Development Council (HKTDC) and Astana International Financial Centre (AIFC)3.Hong Kong Trade Development Council (HKTDC) and Satbayev University4.Airport Authority and Almaty International Airport5.Belt and Road General Chamber of Commerce and National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken"6.Belt and Road General Chamber of Commerce and Commex HK Link Digital Trading Company Limited and Eurasian Trading System Export” International Commodity Exchange (ETSE)7.Belt and Road General Chamber of Commerce and JINGSH CONSULTING LLP8.Chinese Manufacturers Association and National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken"9.Cyberport and Astana Hub10.Federation of Hong Kong Industries (FHKI) and Ministry of Artificial Intelligence and Digital Development in Kazakhstan11.Hong Kong Exchange and Clearing Limited and Astana International Exchange (AIX)12.Hong Kong Exchange and Clearing Limited and Astana International Financial Centre (AIFC)13.Hong Kong Science and Technology Parks and Astana Hub14.Hong Kong-Shenzhen Innovation and Technology Park Ltd. and Astana Hub15.The Hong Kong General Chamber of Commerce and National Chamber of Entrepreneurs of the Republic of Kazakhstan "Atameken"16.Law Society of Hong Kong and National Bar Association of Kazakhstan17.BOCHK and Bank of China Kazakhstan and Baiterek18.BOCHK and Bank of China Kazakhstan and Samruk Kazyna19.Bosera International Asset Management Limited and JSC "Halyk Bank of Kazakhstan"20.Cathay Pacific and Almaty International Airport and Almaty City Government (Tourism Development)21.China International Capital Corporation Limited and Freedom Holdings22.China International Capital Corporation Limited and Samruk Kazyna23.China International Capital Corporation Limited and Astana International Financial Centre (AIFC)24.China International Capital Corporation Limited and Air Astana25.Deloitte and Universal Energy Co., Ltd.26.Ewpartners Investment Management Limited and Dasco Capital Ltd.27.Ewpartners Investment Management Limited and Astana International Financial Centre (AIFC)28.Goldford Group and Gas Energy Solution LLP29.Hong Kong News executives’ Association and The Newspaper Society of Hong Kong and Khabar Agency JSC30.Jardine Matheson and KIDF31.Jiaxin International Resources Investment Limited and Industry and Construction of the Republic of Kazakhstan32.Koln 3D Technology (Medical) Limited and Kazakh Research Institute of Oncology and Radiology33.PCCW and Kazakhtelecom34.PCCW and Khabar Agency JSC35.SCMP and Astana International Financial Centre (AIFC)36.SCMP and GOBI PARTNERS and Astana Hub and Khan Tengri Innovation Hub37.Soy-Sky FarmTech Company Limited (Hong Kong) and JSC NC Food Contract Corporation of Kazakhstan38.Standard Chartered Bank and Development Bank of Kazakhstan39.Templewater and Freedom Holdings40.The Standard and Freedom Horizons41.Standard Chartered Bank and Hangzhou CIEC Group Co., Ltd.42.Walvax Biotechnology Co., Ltd. and Gold Astrum LLC43.Ewpartners Investment Management Limited and Jiangsu Solicitude Medical Technology (Group) Limited and Samruk-Kazyna Invest LLPIn addition, during the Central Asia visit, non-delegation members also signed a number of MoUs in academic, cultural or other collaboration areas:1.A-Grade Energy Ltd and Ministry of Artificial Intelligence and Digital Development of the Republic of Kazakhstan2.A-Grade Energy Ltd and Freedom Holdings3.China Mobile International Limited and Qazpost-YTO4.HKT and Education University of Hong Kong5.City University of Hong Kong and JSC "Center for International Programs under the Ministry of Science and Higher Education of the Republic of Kazakhstan6.City University of Hong Kong and Satbayev University7.Education University of Hong Kong and Nazarbayev University8.Hong Kong Polytechnic University and Nazarbayev University9.Thei and BILIM-INNOVATION International Social Foundation10.Thei and L.N. Gumilyov Eurasian National UniversityPhoto download: https://bit.ly/49zcFUnDuring its visit to Kazakhstan, the delegation facilitated 43 memoranda of understanding (MoUs) and announcementsTo promote business collaboration, the HKSAR Government and the HKTDC jointly hosted a business luncheon, attracting more than 300 local business leaders and senior officials. John Lee, the Chief Executive of the HKSAR, said at the luncheon: “Kazakhstan has, for centuries, connected Eastern and Western civilisations, serving as a bridge of commerce, culture and innovative ideas. That legacy continues today. From the port of Khorgos to the Trans-Caspian International Transport Route, Kazakhstan is now a business and logistics hub linking China, our country, and Europe. Rich in oil and mineral resources, and rapidly developing and diversifying, Kazakhstan is a regional economic powerhouse. Hong Kong, a pivotal player in the Belt and Road Initiative, looks forward to working with Kazakhstan in creating mutual opportunities.”Prof Frederick Ma, Chairman of the HKTDC, said at the luncheon: “Kazakhstan is the largest economy in Central Asia, accounting for 53% of the region’s GDP in 2025. Under its Kazakhstan 2050 Strategy, the country is actively promoting economic diversification, with the goal of becoming one of the world’s top 30 most developed economies by 2050, demonstrating strong growth potential. This visit has enhanced local enterprises’ understanding of Hong Kong’s advantages as a superconnector and super value-adder. Under the Belt and Road Initiative, we believe substantial cooperation opportunities will emerge across various sectors, including logistics infrastructure, green finance, digital economy, agricultural upgrading and food processing. The model of Mainland enterprises going global with Hong Kong while leveraging the HKTDC platform will create new opportunities for collaboration with Central Asia.”The delegation visited Astana Hub to gain insights into the latest developments in the innovation and technology sectorMedia enquiriesHKTDC’s Communications & Public Affairs Department:Johnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@hktdc.orgSerena Cheung Tel: (852) 2584 4272 Email: serena.hm.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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How to Select the Suitable Personal Loan Options in Singapore for Home Renovations ACN Newswire

How to Select the Suitable Personal Loan Options in Singapore for Home Renovations

SINGAPORE, June 2, 2026 - (ACN Newswire via SeaPRwire.com) - For many in Singapore, a home makeover is more than just a fresh coat of paint; it is an investment in comfort and property value. Understanding how to navigate the financing landscape ensures you can complete your project without compromising your long-term financial stability.Thus, selecting the suitable personal loans in Singapore for home renovations requires a careful balance of flexibility, speed, and cost. While specific renovation loans exist, many homeowners find that the appropriate personal loans offer the versatility needed to cover both structural works and the finishing touches that a dedicated renovation loan might exclude.The strategies below focus on how to evaluate and choose the suitable Personal Loan for your renovation needs.Evaluate total project scope against loan limitsBefore applying for financing, it is essential to determine whether your renovation vision fits within the constraints of a traditional renovation loan. In Singapore, dedicated renovation loans are typically capped at SGD 30,000 or six times your monthly income, whichever is lower.If you are renovating a 4-room resale HDB or a mid-sized condo, costs can easily exceed SGD 50,000 to SGD 80,000. In these scenarios, seeking the appropriate personal loan is often more practical. Personal loans in Singapore can offer much higher ceilings, sometimes up to SGD 200,000 or eight times your monthly income for high earners, providing the necessary capital for extensive remodelling, subject to bank policies and eligibility.Prioritise usage flexibilityOne of the significant advantages of a personal loan over a specialised renovation loan is the freedom to use the funds as you see fit.Renovation Loans: These are strictly for structural or built-in works, such as flooring, tiling, and electrical wiring. The bank often pays the contractor directly via cashier's orders, meaning you never handle the cash.Personal Loans: These funds are disbursed directly into your bank account. This allows you to pay for specific items that renovation loans typically exclude, such as designer furniture, smart appliances, and decorative lighting.Compare Effective Interest Rate (EIR)When selecting a loan, do not be swayed by the flat interest rate alone. The true cost of borrowing is reflected in the Effective Interest Rate (EIR), which accounts for processing fees and the compounding nature of interest.In Singapore's competitive 2026 market, some of the personal loans offer attractive flat rates from 1.00% p.a. with EIRs from 1.93% p.a. Always check if the bank offers a $0 processing fee promotion, as this can significantly lower the EIR and keep your initial cash flow healthy.Consolidate multiple renovation costsA major renovation often creates several different bills, from furniture store instalments to contractor payment plans. Managing multiple due dates and interest rates can feel overwhelming once the work concludes.Choosing the appropriate personal loan allows you to combine these different costs into one simple monthly payment. This strategy makes it easier to track your money and often secure a lower interest rate than retail credit plans. By centralising your debt, this may help reduce missed payments and improve visibility over repayment obligations.A faster application made easy with digital toolsThe modern Singaporean financial landscape values speed and efficiency. Many homeowners now use digital application tools to streamline the loan application process.Lenders that integrate with MyInfo may help streamline the approval process and facilitate faster disbursement of funds, subject to credit assessment and eligibility criteria. This can help reduce potential delays in renovation timeline and support timely settlement of contractor invoices, where required.Match repayment tenures to your cash flowMost personal loans in Singapore offer flexible repayment tenures ranging from one to five years, with some lenders extending up to seven years.While a longer tenure reduces monthly commitment, it increases the total interest paid over the life of the loan. The key is to match your monthly instalments to your actual disposable income, thus maintaining a sufficient buffer for potential renovation cost overruns.Final thoughtsChoosing the right financing tool is just as important as choosing the right contractor. By prioritising flexibility and affordability, you can ensure your home transformation is both beautiful and financially sound.Disclaimer: This content is published by iQuanti Singapore Pte Ltd, an external marketer engaged and compensated by UOB Ltd.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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GMG Applies for Additional Environmental Approvals to Produce Graphene in USA ACN Newswire

GMG Applies for Additional Environmental Approvals to Produce Graphene in USA

Brisbane, Queensland, Australia, June 2, 2026 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that the Company has submitted an additional application to the United States Environmental Protection Agency ("EPA") for the manufacture and sale of graphene and graphene coatings (THERMAL-XR®), lubricants (G® LUBRICANT) and other graphene fluids in the United States.GMG has submitted a Significant New Use Notice ("SNUN") to the US EPA under pre-manufacture notice (PMN) P-25-0018. Under this application, GMG is seeking authorisation to manufacture, distribute, sell, use and dispose of graphene and graphene coatings, lubricants and fluids across multiple industries in the United States. GMG expects to obtain this approval by the end of June 2027.This application is in addition to the existing approval under PMN P-25-0018, which authorises the Company to export, distribute, sell, use and dispose of graphene coatings across multiple industries in the United States.Craig Nicol, CEO & Managing Director of the Company, commented: "Submitting the SNUN is a decisive step in our US strategy. This application, if approved, will grant GMG the authorisation to manufacture graphene domestically in the United States — not simply to export into the market, but to produce within it. That distinction matters. It positions GMG to serve US customers at scale, deepen our industrial footprint, and build a genuinely American supply chain for graphene-enabled products. We expect EPA approval by the end of June 2027 and are planning our commercial operations accordingly."Jack Perkowski, Chairman and Non-Executive Director of the Company, commented: "The United States is the most important market in the world for what GMG is building. This SNUN filing reflects our commitment to America — not just as a customer base, but as a centre of production, capital formation, and long-term growth. We are looking to the US to drive the next chapter of GMG's commercial expansion."About THERMAL-XR®:THERMAL-XR® ENHANCE coating system is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction. THERMAL-XR® ENHANCE is now patented for 20 years in Australia and is expected to be patented in other countries around the world.About G® LUBRICANT:G® LUBRICANT is what management believes to be a transformative graphene liquid concentrate additive designed to enhance the performance of diesel and gasoline (petrol) engines. This product has the potential to reshape the future of the global liquid fuels industry and offers an innovative solution that optimises efficiency and power for stationary or mobile engines. G® LUBRICANT, a graphene liquid concentrate that can be added to any mineral or synthetic oil used in an internal combustion engine in a 1:100 dosage, has been verified by the University of Queensland to increase fuel efficiency by up to 8.4% in a diesel engine, as announced in February 2025.1 G® LUBRICANT is now patented for 20 years in Europe, the US, and China.1RSU GrantsThe Company is also pleased to announce that following the annual remuneration review, its Board of Directors have approved the grant of an aggregate of 783,590 Restricted Share Units ("RSUs") to employees and directors of the Company pursuant to its Restricted Share and Performance Share Plan and the Stock Option Plan.When vested, each RSU entitles the holder thereof to receive one Share upon exercise in accordance with the Plan. The holder at their own discretion, and separately to the Company, may action those shares accordingly for their personal use.About GMG:GMG is an Australian-based clean-technology company that develops, manufactures and sells energy-saving and energy-storage solutions, enabled by graphene produced via its in-house production process. GMG uses its proprietary process to decompose natural gas (i.e., methane) into its natural elements — carbon (as graphene), hydrogen, and some residual hydrocarbon gases. This process produces high-quality, low-cost, scalable, tuneable, and low- to no-contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities and to secure market applications. In the energy savings segment, GMG has initially focused on a graphene-enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating), which is now being marketed into other applications including electronic heat sinks, industrial process plants, and data centres. GMG has also developed a graphene lubricant additive focused on saving liquid fuels, initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively, with financial support from the Australian Government, to progress R&D and commercialisation of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the 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 news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "believes", "expects" or "anticipates", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would", or "will" "potentially" or "likely" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include, without limitation: GMG's ability to obtain EPA authorisation to manufacture, distribute, sell, use and dispose of graphene and graphene coatings, lubricants and fluids across multiple industries in the United States; GMG's expectation to obtain SNUN approval by the end of June 2027; and GMG's intention to progress its broader US commercialisation activities across its graphene product portfolio; GMG's intentions to develop commercial scale-up capabilities, GMG's focus in the energy savings segment, GMG's intentions for the use of graphene lubricant additive on saving liquid fuels, expectations for R&D and commercialization of G+AI Batteries, GMG's ability to improve the performance of lithium-ion batteries and GMG's critical business objectives.Such forward-looking statements are based on a number of assumptions of management, including the receipt of EPA approval of the SNUN filing. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors that may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that GMG does not receive, or does not receive on a timely basis, EPA approval of the SNUN, and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025, available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except as required by applicable securities laws.1 GMG, "GMG Unveils G® LUBRICANT Engine Performance Testing Results," February 2025, https://graphenemg.com/gmg-unveils-g-lubricant-engine-performance-testing-results-a-transformative-graphene-energy-saving-solution-for-the-multi-trillion-dollar-global-liquid-fuel-industry/To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299808 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Doubleview Appoints Canaccord Genuity as Financial Advisor in Connection with a Formal Strategic Review Process ACN Newswire

Doubleview Appoints Canaccord Genuity as Financial Advisor in Connection with a Formal Strategic Review Process

Vancouver, British Columbia, June 2, 2026 - (ACN Newswire via SeaPRwire.com) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (WKN: A1W038) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce that it has appointed Canaccord Genuity Corp. ("Canaccord Genuity") as financial advisor in connection with a formal strategic review process (the "Review"). The Review has been initiated by Doubleview with a primary focus on potential sales of the Company, with a view to maximizing shareholder value.The Review will explore and evaluate a broad range of strategic and financial options, which may include a potential sale of the Hat Project or other near-term alternatives, a merger, amalgamation, plan of arrangement, joint venture, business combination, recapitalization, special dividend, strategic investments (including potential participation from government-backed entities and sovereign wealth funds), or such other transaction as the Board determines is in the best interests of the Company and its shareholders.Canaccord Genuity will provide comprehensive advisory services throughout the Review, including financial analysis and valuation, transaction structuring, merger modelling, negotiation support, market monitoring, and, if requested by the Board, fairness opinions. The engagement also provides Doubleview with access to Canaccord Genuity's extensive global network of strategic and financial counterparties across the gold, copper, and critical minerals sectors.Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented:"The Hat Project has delivered a robust Preliminary Economic Assessment with an after-tax NPV(5%) ranging from C$6.73 billion to C$7.27 billion at consensus metal prices and C$13.53 billion to C$14.85 billion at spot metal prices, and an IRR ranging from 19% to 39%, demonstrating exceptional economics and significant critical-minerals exposure, including potential value contribution from a scandium and cobalt recovery circuit. Engaging Canaccord Genuity to lead a formal strategic review process allows the Board to thoroughly and independently evaluate all available options to unlock the full value of the Hat Polymetallic Project in British Columbia's Golden Triangle for the benefit of our shareholders and stakeholders. We believe the current strong commodities environment and the global focus on critical minerals supply security make this an opportune moment to pursue this process."The Company cautions that the Hat Project Preliminary Economic Assessment is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the results of the Preliminary Economic Assessment will be realized.Qualified Persons: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 technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.Review Process and TimingThere is no defined timetable for the completion of the Review. The Company does not intend to make further public announcements regarding the Review unless and until such a disclosure is required. The Company cautions that there can be no assurance that the Review will result in any transaction or, if a transaction is undertaken, as to the terms, structure, timing, or completion of such transaction.About the Hat ProjectThe Hat Project is a polymetallic copper-gold-cobalt-scandium project located in northwestern British Columbia. The project hosts a porphyry-style mineralized system and has been the subject of extensive drilling, geological modelling, metallurgical work, and technical studies. Doubleview continues to advance the Hat Project through exploration, technical evaluation, metallurgical test work, and environmental baseline programs.About Doubleview Gold CorpDoubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQB: DBLVF], [GER: A1W038], [Frankfurt: 1D4]. Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risks.On behalf of the Board of Directors,Farshad Shirvani, M.Sc. GeologyPresident & Chief Executive OfficerFor further information please contact:Doubleview Gold Corp, Vancouver, BC Farshad Shirvani, President & 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.Certain of the statements made and information contained herein may constitute "forward-looking information." Forward-looking information involves known and unknown risks, uncertainties, and other factors which might cause actual results, performance, or achievements to differ from those expressed or implied by such information. There is no assurance the forward-looking information will occur. Statements hereto include the results of the Preliminary Economic Assessment for the Hat Project; the estimation of mineral resources; metal prices; the after-tax NPV and IRR of the Hat Project and references to exploration, technical evaluation, metallurgical test work, and environmental baseline programs. Future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of.Additional forward-looking information in this news release, includes references to the strategic review process and in particular, a potential sale of the Hat Project or other near-term alternatives, a merger, amalgamation, plan of arrangement, joint venture, business combination, recapitalization, special dividend, strategic investments (including potential participation from government-backed entities and sovereign wealth funds). There is no guarantee or certainty that there will be a potential sale of the Hat Project or other near-term alternatives, a merger, amalgamation, plan of arrangement, joint venture, business combination, recapitalization, special dividend, strategic investments (including potential participation from government-backed entities and sovereign wealth funds). Further, there is no guarantee that Canaccord Genuity's advisory services will provide any benefit to the Company or that its extensive global network of strategic and financial counterparties across the gold, copper, and critical minerals sectors will bring any benefit to the Company. Accordingly, readers are advised not to place undue reliance on forward-looking information. Even if a sale or near-term alternative agreement were reached, its completion would be subject to significant risks including the possibility that any necessary regulatory or shareholder approvals would not be obtained, or that any conditions to completion would be achieved. Readers are cautioned to consider these risks when evaluating this information.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299788 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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52TOYS Secures Strategic Position in Hong Kong-Macau Core Hub with Grand Opening of Hong Kong International Airport Store ACN Newswire

52TOYS Secures Strategic Position in Hong Kong-Macau Core Hub with Grand Opening of Hong Kong International Airport Store

HONG KONG, Jun 2, 2026 - (ACN Newswire via SeaPRwire.com) - China’s leading toy brand 52TOYS officially opened a new store at Hong Kong International Airport. Located at Shop 7E101A, Level 7 Departures East Hall (Restricted Area), Terminal 1 of Hong Kong International Airport, a core global transportation hub, the store features thoughtful design and a differentiated product matrix, creating a toy space that offers both trendy texture and cultural warmth, thereby meeting the needs of global travelers and serving as an important window for the brand in the international market.Airport-Inspired Design Creates an International Benchmark StoreThe Hong Kong Airport store follows the brand’s airport flagship store design style, forming a north-south pairing with the Beijing Capital International Airport store as the brand’s dual international “image ambassadors”. It adopts a unique retro terminal style design, comprehensively shaping a trendy cultural base with both retro temperament and future imagination through its spatial structure, material selection, and the integration of terminal elements.In terms of spatial composition, the intertwining and combination of geometric volumes creates a strong architectural sense, paired with light and shadow to create a dynamic futuristic vibe. In terms of materials, the rough concrete texture collides with the cold metal finish, injecting the hardcore texture of industrial style into the retro backdrop and strengthening the atmosphere of the trendy base. Terminal elements such as airplane turbines and runways are cleverly integrated, continuing and strengthening the airport’s sense of place, which adds a different kind of trendy fun to travelers’ journeys, allowing passengers to enjoy a unique travel experience during their waiting time and unlock a brand-new airport leisure experience.The Hong Kong Airport store saw strong visitor traffic and robust sales on its opening day, demonstrating the strong market appeal of the 52TOYS brand and product portfolio. Customers on site commented, “It’s such a great store — it really killed the boredom of waiting for my flight!”, while others said, “There are so many impressive products that I want to pack them all into my suitcase.”Differentiated Product Mix and Signature Displays Deliver a Travel Experience Full of SurprisesThe store is carefully planned around airport travel scenarios and the needs of different consumer segments. At the entrance, a product zone for POUKAPOUKA neck pillows and plush cushions is specially set up, directly matching the essential travel needs. Further inside, themed zones dedicated to popular proprietary IPs including POUKAPOUKA, NOOK and CiCiLu feature scenario-based displays alongside new products. Special IP introduction signage has also been installed to vividly present the spiritual core of the IPs.The store offers a rich and highly layered product portfolio with particularly strong differentiation advantages. According to the store manager, leveraging the unique passenger traffic profile of Hong Kong International Airport, 52TOYS' products with Chinese cultural characteristics, such as the Hyper-Activated and BEASTBOX series, have become highly popular among overseas consumers as sought-after Chinese-style souvenirs. Large-scale collectible figures with strong display and gifting value have also proven especially popular, further demonstrating the brand’s strengths in product portfolio and its broad consumer reach.In addition, the store has launched multiple Hong Kong Airport-exclusive products, including POUKAPOUKA pineapple bun magnetic stickers, hooded neck pillows, and luggage tags, as well as LITTLE BUNS Hong Kong Kung Fu Journey magnetic stickers and Panda Roll Hong Kong Cha Chaan Teng series magnetic stickers. Fusing Hong Kong local culture with practical travel attributes, these products serve both as meaningful travel keepsakes and highly distinctive city souvenirs, highlighting the brand’s deep understanding of segmented consumer scenarios and consumer mindset.Strengthening Presence Across Key Hong Kong and Macau Gateway Hubs to Reinforce a New Global Development LandscapeAs one of the world’s busiest aviation hubs, Hong Kong International Airport connects more than 200 destinations worldwide and brings together an international, high-net-worth and highly mobile consumer base, making it a prime gateway for brands seeking to expand into international markets. Following the opening of the Studio City Macau brand store in November 2025 and the Beijing Capital International Airport store in February 2026, the launch of the Hong Kong Airport store marks the official completion of 52TOYS’ strategic presence across key transportation hubs in mainland China, Macau, and Hong Kong, further adding a critical pillar to the company’s international offline expansion strategy.Industry observers noted that the Hong Kong Airport location is expected to bring three major areas of incremental value to 52TOYS. Firstly, it enables the company to secure a position within the global traffic hub and efficiently reach consumers worldwide through Hong Kong International Airport’s extensive international connectivity, accelerating global expansion. Secondly, it provides access to high-net-worth consumer groups through the airport’s premium passenger structure, creating a new growth engine for offline retail while further enhancing brand influence. Thirdly, it establishes an international brand image showcase, using the airport store as a signature brand window to amplify the global influence of the IP portfolio and further promote Chinese toy culture internationally.Having deeply cultivated the toy industry for many years, 52TOYS continues to strengthen its refined offline layout and innovate across consumer scenarios. From core commercial districts to transportation hubs, and from the domestic market to global expansion, the company continues to integrate toys into consumers’ everyday lifestyles. Looking forward, 52TOYS will use the Hong Kong Airport store as a new starting point to accelerate its international expansion, connecting with consumers worldwide through diversified high-quality IPs and products while further unleashing the vitality of Chinese toy culture in the global market. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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uSMART Operated the First uSMART Cafe in Kai Tak, Serves the Local Community, Combining Smart Finance with Lifestyle ACN Newswire

uSMART Operated the First uSMART Cafe in Kai Tak, Serves the Local Community, Combining Smart Finance with Lifestyle

HONG KONG, Jun 2, 2026 - (ACN Newswire via SeaPRwire.com) - uSMART Securities Limited (“uSMART Securities” or the “Company”), the No.1 Hong Kong Funded Fintech Brokerage^, is pleased to announce the grand opening of uSMART Cafe, a brand-new concept space located in the core district of Kai Tak. The opening marks an innovative integration of fintech and lifestyle experiences, while extending our service network into an emerging community. By extending our service network into the emerging Kai Tak community, we reaffirm our commitment to serving Hong Kong residents with greater accessibility and care. As Kai Tak continues to develop into one of Hong Kong’s key residential and commercial districts, the opening of uSMART Cafe introduces an innovative concept that helps enhance the district’s financial service offerings, providing residents with a more convenient, professional and client-centric wealth management experience.uSMART Cafe Located in Kai Tak: A New Experience Combining Smart Finance with LifestyleuSMART Cafe allow visitors to collectively relive the glory days of Hong Kong’s “The Greed of Man” era and experience the 1980s “red jacket” trading floor scene, we have specially designed uSMART Cafe as a nostalgic finance-themed photo spot. Featuring multiple photo areas and physical stock certificate memorabilia, the cafe seamlessly combines nostalgia with modern lifestyle elements. This creates a brand-new landmark that brings together financial exchange and leisure lifestyle, allowing clients to enjoy coffee and relaxation while experiencing the historical atmosphere of Hong Kong’s stock market.Branch Network Across Hong Kong as Expansion ContinuesAt present, uSMART strategically operates 11 branches in Hong Kong, covering key districts across Hong Kong Island, Kowloon and the New Territories. We remain proactive and open-minded in expanding its physical service centers. At this point, uSMART Cafe aims to combine quality coffee with professional financial services, meeting clients’ diversified wealth management needs in a relaxed and comfortable environment. Looking ahead, uSMART will flexibly adjust its expansion strategy in response to overall operational conditions, market demand and customer feedback. As a leading technology brokerage rooted in Hong Kong with a global outlook, uSMART will continue to leverage our strengths, including the innovative technology capabilities and diversified cross-market investment products, to enhance its products and service experience and meet the needs of different clients.(From left to right: Executive Director of Research – Dickie Wong, Marketing Director – Carrie Wong, Senior Business Development Manager – Bobby Leung)Approval to Provide Virtual Asset Trading Services, Expanding into “Traditional Finance + Virtual Assets”At the opening ceremony, Mr. Dickie Wong, uSMART’s Executive Director of Research, said: “uSMART Securities has received approval from the Securities and Futures Commission of Hong Kong (SFC) to provide virtual asset trading services to eligible clients under its Type 1 regulated activity license for dealing in securities, officially entering the virtual asset sector. We have always committed combining the solid foundation of traditional finance with the innovative power of fintech. Clients can now trade traditional securities and virtual assets on the same platform, that significantly enhancing investment efficiency and convenience. Together with our newly launched futures business, as well as our existing securities and asset management businesses, this creates strong synergies and positions uSMART as one of the few leading technology brokerages in Hong Kong capable of providing both traditional securities trading and virtual asset investment services.”Self-developed SMARTclaw Integrates AI Technology to Create a 24/7 Intelligent Investment AssistantIn addition, uSMART has self-developed the SMARTclaw invest tool, which deeply integrates, as known as “Openclaw”. By apply advance AI technology to intelligent investment scenarios, SMARTclaw is designed to support investors with more efficient market monitoring and data analysis.Compared to general AI solution appears in the market, SMARTclaw is emphasised to the financial investment sector. It is capable to provide more precise and professional market analysis. User can monitor markets and organise data 24/7 by prompting with text, voice recognition as well as scheduling instruction based on their needs. It strategically allows user solving the problems like inability monitoring and filtering large volume information at once while helping users track market data and market movements in order to capture any investing chances.In the future, SMARTclaw is expected to further tailor dedicated investment strategies based on clients’ portfolio data, supporting a more comprehensive intelligent wealth management experience.Looking ahead, uSMART will continue to leverage its fintech advantages by combining AI-powered intelligent investment research tools, diversified investment products, 24/7 online customer service and support from physical service centres. Through these efforts, the Company aims to elevate the industry standard for product and service experience, professional, secure and efficient one-stop investment service platform to help clients capture opportunities across global markets.^"No.1 Hong Kong Funded Fintech Brokerage" is based on TradeGo Cloud data, with uSMART Securities ranking first in monthly transaction volume among local Hong Kong-funded internet brokers for over a year as of April 2026.About uSMART:uSMART Securities is a leading Hong Kong Funded Fintech Brokerage founded in 2018. Over the past eight years, it has pioneered the fusion of technology and finance, offering stocks trading, asset management, and wealth management solutions. Its proprietary platform, uSMART HK APP supports investments in Hong Kong stocks, US stocks, A-shares (Shanghai, Shenzhen and Hong Kong stock connect), US options, ETF, Funds, Bonds, Asset Management, Futures and more diverse trading services. Furthermore, uSMART also customize services for ultra-high-net-worth individuals, families and enterprise creating comprehensive asset management solutions.For details please visit: https://hk.usmartglobal.comMedia Enquiries:Carrie WongTel: 9788 4665Email: carriewong@usmart.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Mint and Rice Robotics Launch Joint Venture to Expand AI Companion Robot Business with HK$15M in funding ACN Newswire

Mint and Rice Robotics Launch Joint Venture to Expand AI Companion Robot Business with HK$15M in funding

HONG KONG, Jun 2, 2026 - (ACN Newswire via SeaPRwire.com) - Mint Incorporation Limited (“Mint” or the “Company”, together with its subsidiaries, the “Group”, NASDAQ: MIMI), a Hong Kong-based company strategically focused on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, today announced that on May 22, 2026, its wholly-owned subsidiary, Aspiration X Limited (“Aspiration X”), has entered into a joint venture agreement (the “JV Agreement”) with Rice Robotics Holdings Limited (“Rice Robotics”) to establish Rice Robotics AGI Holding Limited (“Rice Robotics AGI”), a new British Virgin Islands joint venture company. Rice Robotics AGI will focus on the development and sales of the next generation of AI companion robots, or as may be expanded or changed by Rice Robotics AGI from time to time in accordance with the JV Agreement.Pursuant to the JV Agreement, Aspiration X and/or its nominee(s) will contribute HK$15,000,000 in funding, as well as provide human resources and research and development support to Rice Robotics AGI. On the other hand, Rice Robotics will, among other things, provide Rice Robotics AGI with its existing technology, intellectual property, clients, know-how and marketing and sales support. The JV Agreement also contains customary provisions relating to governance of Rice Robotics AGI, including shareholder consent rights for certain significant matters, transfer restrictions, and pre-emptive rights in connection with future issuances of shares of Rice Robotics AGI. The establishment of this joint venture marks a significant strategic step by Mint to further expand its footprint in the AI companion robot market, expected to extend the Group’s robotics capabilities from business-to-business applications into the consumer space.The collaboration brings together Mint's strategic resources with Rice Robotics' proven autonomous navigation and AI technology, building on the successful co-development and delivery of the FLOKI Minibot M1 for commercial applications. Rice Robotics AGI is now expected to channel that technical foundation directly into the consumer arena, focusing on developing and commercializing consumer oriented AI companion robots that integrate emotional AI and autonomous navigation to create joyful everyday experiences.Mr. Damian Chan, Chairman and Chief Executive Officer of Mint, said: "The signing of this joint venture agreement through Aspiration X represents a deliberate and decisive acceleration of our companion robot strategy. With the successful delivery of the FLOKI Minibot M1, we saw firsthand the enormous potential in AI companionship. Now, through Rice Robotics AGI, we are committing dedicated investment and strategic focus to expand our reach into the consumer market at scale. We believe we can meaningfully lower adoption barriers and serve the growing demand for intelligent, joyful companionship in family settings."Mr. Victor Lee, Founder of Rice Robotics, commented: "Rice Robotics AGI was created to accelerate the development of, and build, consumer-ready AI robots that people genuinely want in their daily lives. Combining autonomous navigation with interactive AI capabilities, we are excited to take a meaningful step toward making companion robots accessible to more families through Rice Robotics AGI."Rice Robotics AGI’s first batch of consumer-ready AI companion robots is expected to be introduced initially in Asian markets, with an official launch planned for Q3 2026. As Rice Robotics AGI's debut product line, these robots underscore the joint venture's commitment to making emotional AI companionship warm, accessible and joyful for families worldwide. Mr. Damian Chan, Chairman and Chief Executive Officer of Mint, and Mr. Victor Lee, Founder of Rice Robotics, at the signing of the JV AgreementAbout Mint Incorporation LimitedMint Incorporation Limited (NASDAQ: MIMI), a Hong Kong-based company listed on NASDAQ, specializes in artificial intelligence (AI), robotics, and interior design. Through its subsidiary, Aspiration X, Mint delivers intelligent robotics and facility management solutions to enterprises, real estate, shopping centers, government agencies, and more. Mint also operates Matter International Limited, providing professional interior design and renovation services. With a focus on innovation and practical applications, Mint is committed to enhancing efficiency, safety, and quality of life across industries.About Rice Robotics Holdings LimitedRice Robotics Holdings Limited is a renowned leader in autonomous delivery robot solutions, with a strong market presence across Asia. Rice Robotics specializes in the design, development, and deployment of intelligent robotic systems for logistics and service industries. Its core technology platforms serve high profile clients in Japan, demonstrating proven reliability in complex operational environments. With a focus on innovation and real-world application, Rice Robotics is committed to transforming last-mile delivery and service automation, enhancing operational efficiency and redefining customer experiences.Forward-Looking StatementsCertain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”).Media EnquiriesStrategic Financial Relations LimitedVicky LeeTel: (852) 2864 4834E-mail: vicky.lee@sprg.com.hk Rachel KoTel: (852) 2114 2370E-mail: rachel.ko@sprg.com.hk Cherrie ManTel: (852) 2864 4846E-mail: cherrie.man@sprg.com.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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DST Files for Hong Kong IPO: Asset Operation Management Services and Ecosystem Synergy Driving Growth

HONG KONG, Jun 2, 2026 - (ACN Newswire via SeaPRwire.com) - The China's road freight industry is accelerating its transition towards electrification and digitalization. The large-scale deployment of battery charging and swapping networks, intelligent scheduling platforms, and nationwide service facilities is transforming logistics electric vehicle (“EV”) from mere transport tools into systemic infrastructure carriers. Driven by favorable traffic policies, operational subsidies, and China’s dual-carbon goals, industry consolidation is gathering pace.Against this backdrop, DST Sustainable Technology (Shenzhen) Co., Ltd. (“DST” or the “Company”), a leading provider of intelligent logistics EV management solutions in China, has officially filed its listing application with the Hong Kong Stock Exchange. According to Frost & Sullivan, the Company ranked first in China’s logistics EV management industry in terms of managed fleet size, network coverage, and revenue as of 2025, positioning it as a leading candidate in the sector’s public market debut.Ecosystem Synergy Drives Accumulation of Service Management CapabilitiesDST leverages its data-driven digital infrastructure and nationwide service network to provide one-stop solutions throughout the EV lifecycle including EV management services, EV leasing and EV sales. Its comprehensive capabilities are continuously honed through deep-seated synergies across the industrial chain and service network, its digital and intelligent technology ecosystem, and its customer ecosystem.At the industrial-chain and service-network level, DST has built a complete synergy system that spans upstream, midstream, and downstream activities. Upstream synergy focuses on vehicles and batteries. DST works closely with leading OEMs and battery companies to jointly customize vehicle models tailored to a wide range of logistics scenarios, including urban distribution and trunk-line scenarios. Together, they promote the development of a standardized battery-swapping ecosystem and collaborate on vehicle lifecycle management from the source. Currently, DST has collaborated with 19 OEMs, covering 89 models across 26 brands, and the co-developed vehicles accounted for more than 75.3% of its managed EV fleet. Through these deeply intertwined supply chain relationships, DST has built a clear competitive edge in vehicle-model suitability and full-lifecycle cost control.Midstream synergy involves infrastructure and service networks. By integrating charging service providers nationwide, DST has achieved interoperability with more than 2.8 million battery charging and swapping facilities and built a large-scale energy-refueling network. As of the end of 2025, its service network covers all prefecture-level administrative divisions in Mainland China, comprising 419 fulfillment centers, 2,827 maintenance and repair centers, and unified service standards that ensure timely responses and consistent quality nationwide.Downstream synergy focuses on asset disposal, aiming to manage residual value and maximize asset value. Using real-time battery-data monitoring, operational history analysis, and secondhand-market information, DST provides pricing and disposal recommendations for vehicle residual-value management. For power batteries, it has established a closed-loop “usage - monitoring - second-life utilization - recycling” system that unlocks value throughout the vehicle lifecycle and transforms traditional end-of-life disposal into an ongoing revenue stream.In terms of digital and intelligent technology ecosystem synergy, DST has been continuously advancing the industry's digital and intelligent capabilities through deep collaboration between its self-developed platforms and external technology partners. It has established strategic partnerships with OEMs and autonomous driving technology companies, and introduced the DST TC50, an autonomous vehicle purpose-built for logistics. As of the latest practicable date, DST had deployed 474 L4 autonomous vehicles in proof-of-concept pilot programs across various real-world logistics scenarios. In addition, through collaborative development of core functions like intelligent scheduling and predictive maintenance, DST relies on data interoperability and collaborative innovation on its technology platform to extend its digital and intelligent capabilities beyond its own operations and empower the broader industry.In terms of customer ecosystem synergy, DST has achieved cross-industry customer collaboration and deep scenario-based synergy. The Company has served more than 7,500 enterprise customers across diverse industries, including logistics, food and beverage, retail, and cold-chain logistics, and provides customized solutions for different logistics scenarios, including urban distribution, instant delivery, and trunk-line transport. Digital systems such as “FleetHub”, and AssetLink, are deeply embedded into customers’ operational workflows, creating system-level switching costs. Net dollar retention stood at 132.8% and 134.2% for 2024 and 2025, respectively, while customers with more than three years of cooperation accounted for approximately 92% of managed vehicles, reflecting sustained purchasing expansion by existing customers and long-standing, stable trust relationships.Data Assets and AI Synergy Drive Cost Reduction and Efficiency Gains in LogisticsDST has built a digital technology architecture anchored in data, operational expertise, and AI, integrating AI capabilities into its IoT networks, proprietary software systems, and operational decision-making models. This deepens its digital and intelligent operations and drives cost reduction and efficiency improvement across the logistics industry.After a decade of operations, DST has built an end-to-end data repository covering vehicle real-time status, road and driving conditions, business scenarios, and other dimensions. Through continuous accumulation and cleaning, these data serve as the foundation for optimizing scheduling algorithms, predicting equipment failures, and assessing residual value, providing high-quality input for AI applications. Guided by actual vehicle usage scenarios, these data assets create synergies across four key dimensions: asset, energy, maintenance and repair, and safety.In terms of asset management, DST uses IoT and AI-driven intelligent deployment to dynamically optimize vehicle–demand matching, reduce deadhead ratio, and improve asset-turnover efficiency. Meanwhile, drawing on real-time battery data, vehicle operational history, and secondhand-market information, it provides residual-value management recommendations that enable customers and asset holders to achieve more efficient vehicle disposal and value recovery. This marks DST’s shift from passive depreciation to active value management in asset management, enabling continuous value unlock over the full asset lifecycle, lowering average daily holding costs and capital tied up per vehicle, and boosting return on assets.In terms of energy management, “FleetCharge” platform integrates more than 2.8 million third-party battery charging and swapping facilities and uses vehicle route data, battery charge levels, and electricity spot prices to generate customized charging schedules, reducing energy costs and streamlining cross-project expense reconciliation. By harnessing peak/off-peak electricity price differentials and intelligently scheduling charging sequences, energy costs become an optimizable variable rather than a fixed expense. For logistics companies, this reduces unit energy costs and prevents delivery delays caused by poorly planned charging, delivering benefits in both cost savings and operational efficiency.In terms of maintenance and repair network, its “Xiaochao MRO” system uses AI-powered predictive fault alerts to identify potential vehicle problems early, minimizing capacity losses from unscheduled downtime and additional costs from emergency repairs. DST’s maintenance network covers more than 2,800 service centers nationwide, supporting full-lifecycle management with consistent and controllable service quality. This directly enables logistics customers to lower maintenance costs and increase vehicle uptime, turning the uncontrollable risks of unplanned downtime and maintenance costs from unpredictable into predictable and manageable—marking a shift from reactive maintenance to proactive prevention.In terms of safety and risk management, its “FleetGuard” system enables preventive action through driving-behavior analysis and risk assessment, real-time intervention via live monitoring and early warnings, and closed-loop post-incident management through insurance claims handling and accident response, creating a complete risk-management framework across the entire driving process. As of the end of 2025, the system had intervened in more than 7.8 million medium-to-high-risk driving behaviors. Lower accident rates reduce insurance premiums and downtime losses, and also enhance post-accident claims efficiency and cut vehicle recovery time, significantly improving the overall cost structure of operations.Ongoing accumulation of data assets and continuous algorithm iteration have steadily driven cost-reduction gains. From 2023 and 2025, the number of vehicles managed per service personnel increased from 134 to 320, and per-vehicle operating costs fell 8.1% from 2024 to 2025. By integrating AI capabilities into its digital technology architecture, the larger its managed fleet and the richer its data, the greater the prediction accuracy and dispatching efficiency of its AI models become, and the more sustained the unit cost reduction potential. This fully enables digital and intelligent operations and has become DST’s core moat, setting it apart from traditional fleet management companies.Sector Tailwinds and Rising Marginal Returns: A Growth Thesis ProvenFrom an external perspective, DST is positioned at the intersection of two structural opportunities. The first is the accelerating electrification substitution with substantial growth in the sector. The number of logistics vehicles in operation grew at a 40.5% CAGR from 2021 to 2025 and is expected to reach 8.1 million units by 2030, capturing nearly 40% penetration. The second is the rising demand for management services, with the logistics EV vehicle management market projected to reach RMB325.1 billion by 2030 and growing at a 39.8% CAGR from 2025 to 2030. As battery-health management, charging scheduling, and residual-value assessment become increasingly complex, the addressable market for professional fleet management platforms is widening. With its nationwide service network, digital infrastructure, and standardized service capabilities, DST is poised to steadily grow its footprint in this incremental market.On the financial front, DST is at the early stage of increasing marginal returns. From 2023 to 2025, revenue grew from RMB2.35 billion to RMB4.14 billion, a CAGR of 32.7%, with the share of management services revenue rising from 34.6% to 46.0%, representing a continuous optimisation of income structure. Gross margin expanded from 17.1% to 21.0%, while the net loss ratio narrowed significantly from 35.8% to 15.8%. Adjusted EBITDA achieved a CAGR of 67.6%, and the Company has recorded positive operating cash flow for three consecutive years, reaching RMB1.463 billion in 2025. With its operational cash generation capability already proven, the Company's profitability is poised to further improve as sector tailwinds materialize and internal efficiencies rise.DST’s Hong Kong listing application comes at a time when multiple trends—supportive policies, accelerating electrification substitution, and the digital transformation of road freight—are converging. The Company is well-positioned to leverage capital markets to amplify its network effects and technological advantages, reinforce its market position, and support the logistics industry’s transition toward greener, more efficient development pathways. With its management size of logistics EVs, digital infrastructure, and standardized service network, DST stands to benefit from the long-term trends of green logistics and digital management, and its long-term value is worth following. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Graid Technology Launches VROC(TM) by Graid Technology with 24-Month Roadmap and Tier 1 OEM Support ACN Newswire

Graid Technology Launches VROC(TM) by Graid Technology with 24-Month Roadmap and Tier 1 OEM Support

SUNNYVALE, CA, June 2, 2026 - (ACN Newswire via SeaPRwire.com) - Graid Technology, creator of SupremeRAID™ and global steward of Intel® VROC, today announced VROC™ by Graid Technology, a rebranded and actively developed platform with a 24-month roadmap delivering new features, expanded platform support, and long-term investment for existing and future customers.Intel® VROC has served as the CPU-based software RAID foundation for Intel-powered enterprise servers across Tier 1 platforms worldwide. Under Graid Technology's stewardship, the product transitions from sustained maintenance into active development with no disruption to existing deployments.The VROC™ by Graid Technology roadmap includes:Intel® Xeon® 6 platform support - including Oak Stream (Diamond Rapids) - with no-cost upgrades for existing Intel® VROC customersHardware key elimination via UEFI licensing, simplifying procurement and lifecycle managementNew client and workstation capabilities co-developed with Tier 1 OEM partnersSupremeRAID™ coexistence support, enabling CPU-based RAID and GPU-accelerated RAID on the same Intel® Xeon® platformTier 1 OEM partners Lenovo and Supermicro have endorsed Graid Technology's stewardship and contributed to the updated roadmap."VROC™ by Graid Technology is built on the same proven foundation that enterprise customers have trusted for years," said Leander Yu, CEO of Graid Technology. "Our commitment is straightforward - preserve that continuity while delivering the active development, OEM collaboration, and next-generation Intel® Xeon® platform support that the market has been asking for."Support for Intel® VROC under Graid Technology is available today. VROC™ by Graid Technology branding and feature updates roll out through OEM and channel partners starting Q3 2026. For more information, visit graidtech.com.Find out more at Computex Taipei, June 2-5, Booth R0502.About Graid TechnologyGraid Technology is the creator of SupremeRAID™, the world's first GPU-based RAID controller, and the global steward of Intel® Virtual RAID on CPU (Intel® VROC). Graid Technology delivers RAID solutions that maximize NVMe storage performance and data protection for enterprise and high-performance computing infrastructure. Headquartered in Sunnyvale, California, with global operations and R&D in Taiwan. Visit graidtech.com.Media ContactAndrea Eaken, Senior Director of Marketing, Americas & EMEA(866) 472-4310info@graidtech.comSOURCE: Graid Technology Inc.Related Documents:VROC™ by Graid Brochure, June 2026 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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AibleClaw Uses NVIDIA Cloud Functions to Bring Up to a 200X TCO Advantage to Long-Running Enterprise AI Agents ACN Newswire

AibleClaw Uses NVIDIA Cloud Functions to Bring Up to a 200X TCO Advantage to Long-Running Enterprise AI Agents

SAN FRANCISCO, CA, June 2, 2026 - (ACN Newswire via SeaPRwire.com) - Aible, the enterprise agentic AI leader, today announced that AibleClaw, its enterprise solution for governed, long-running AI agents or Claws, integrates with NVIDIA Cloud Functions, - bringing serverless GPU economics to enterprise AI workloads and significantly reducing Total Cost of Ownership (TCO.). Building on Aible's early adoption of NVIDIA Cloud Functions (NVCF), a key component of NVIDIA DSX OS. Aible's October 2024 benchmark demonstrated how serverless GPUs can improve end-to-end GenAI TCO by up to 200X.Claws, typically scheduled workloads, are naturally suited to run on NVCF and capture the full economic benefits of serverless inference. Following the recent launches of AibleClaw with NVIDIA Nemotron 3 Super for governed long-running enterprise agents and AibleClaw with NVIDIA Nemotron 3 Nano Omni for multimodal reasoning at the edge, today's announcement details how AibleClaw unlocks the full Total Cost of Ownership (TCO) benefits of NVCF and delivers secure private AI for business users at fixed and predictable cost.Today's launch builds on Aible's recent announcement on Secure AI for Business Users, which set out the broader context for fixed-cost, on-prem private AI in an era of rising token prices and growing security concerns with frontier models."Just last week Aible developers spent two days at NVIDIA headquarters working closely with NVIDIA teams to adapt and adopt the latest NVIDIA technologies. During the two day hackathon, the two teams collaborated across NVCF, Nemotron 3 Ultra, NVIDIA NemoClaw, the NVIDIA OpenShell secure runtime for autonomous agents, and other NVIDIA Agent Toolkit software.", said Arijit Sengupta, Founder & CEO of Aible. He added, "Enterprise AI is evolving so fast that it is almost impossible to keep up with the pace. This is where our co-innovation with NVIDIA as part of the NVIDIA Inception Program has been crucial to our success."Operating Costs Reduction in the Time of ClawsAgentic AI - including long-running agents, or "claws" - is rapidly becoming a core enterprise strategy. Such claw workloads are perfect for NVCF as these workloads tend to spike and can take several minutes to complete - thus making the cold start delay essentially irrelevant in light of the attractive TCO (Total Cost of Ownership) characteristics. AibleClaw, powered by the NVIDIA OpenShell runtime and NemoClaw blueprints, leverages NVCF to run such claw workloads optimally. Scheduled claw workloads, such as, "analyze my appointments everyday to create briefings for each work meeting," can be timed when GPU demands are lowest, to make the overall system run even more optimally. The result is that the up to 200X TCO advantage from serverless GPUs now applies directly to the workloads that need it most - claws.Low Risk Private Models in the Time of Higher Per Token CostsWith recent price changes at Anthropic, OpenAI, GitHub Copilot and others, enterprises running AI agents or claws are increasingly concerned about token costs. See: "Anthropic Hiked the Price for Power Users Amid Complaints Its Model Is Getting Worse: Its most dedicated customers could pay significantly more under a new usage-based pricing model," and "GitHub Copilot's price shakeup could end cheap AI coding as we know it: We're seeing the beginning of the end for flat-rate AI plans, starting with GitHub switching to usage-based pricing for its Copilot AI plans." Aible makes it easy for enterprises to run their GenAI and agentic workloads completely privately on their own servers. Because Aible charges by the server per year, and runs the language models locally, there are no unexpected token costs.Aible runs consistently on all platforms including major clouds, private servers, NVIDIA Cloud Partners, desktop supercomputers, edge servers, etc. By using NVIDIA Cloud Functions and NVIDIA software components for workload routing and orchestration, Aible can help enterprises use distributed GPU resources across private environments and can stitch such resources into virtual private or shared data centers. Instead of building massive data centers top down, Aible customers can buy workstations or private servers from their favorite partners, plug them into their private networks at each corporate location, run workloads locally when optimal, but distribute workloads across locations when necessary. We believe workstations and private servers connected together with NVCF are a new form of Bottoms-up Data Centers. This is the reality of the AI Grid or the Bottoms-up data center, delivered today.For enterprises looking to learn more, request a meeting here.Related ResourcesNVIDIA DSX OS: Open-Source Infrastructure Software for the Agentic AI FactoryNVIDIA DSX Gives Infrastructure Builders the Playbook for AI FactoriesAible Launches AibleClaw Long-Running Agents and Presents at Eight Partner Booths and Sessions at NVIDIA GTC 2026Serverless GPUs improve GenAI TCO by 200X for end-to-end RAG solutionsAbout AibleAible is redefining how enterprises drive measurable business impact with specialized and long-running AI agents that are created and coached by business users at scale. Fortune 500 firms, US States, Federal Agencies, and others use AI agents from Aible to deliver measurable results across business areas including customer acquisition and retention, call center optimization, inventory or supply chain management, product development, and risk mitigation in days - not months. Enterprises will also be able to leverage AibleClaw, the secure enterprise solution for long-running AI agents similar to OpenClaw, but with deterministic execution, pre-approved tools, enterprise guardrails, governed data access, and full auditability. The Aible agentic AI platform is the fastest way for business users to automatically look across millions of patterns to surface enterprise insights with cutting-edge augmented analytics, GenAI, and secure long-running agents. Uniquely, Aible gives business users full control of the AI agents by enabling them to provide feedback on the reasoning steps to drive higher accuracy, faster business alignment, and continuously improve performance across 1000s of enterprise use cases. Entirely implemented within the security of the enterprise's own cloud or at the edge, the end-to-end serverless AI platform is up to 200X more cost efficient. Learn more at www.aible.com.Media Contact:pr@aible.comSOURCE: Aible Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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ONE WALLET Officially Launches on TON: a Keyless, Telegram-Native Wallet That Replaces Seed Phrases with 2-of-3 Shamir Multi-Share Custody ACN Newswire

ONE WALLET Officially Launches on TON: a Keyless, Telegram-Native Wallet That Replaces Seed Phrases with 2-of-3 Shamir Multi-Share Custody

KUALA LUMPUR, June 1, 2026 - (ACN Newswire via SeaPRwire.com) - ONE WALLET, a keyless, Telegram-native Web3 wallet, today marks its official launch on TON mainnet, replacing twelve-word seed phrases with a 2-of-3 Shamir Multi-Share custody model. The team also published ONE WALLET Whitepaper V1.0, detailing the product, security architecture, and the utility model of its $1 token.ONE WALLET targets the gap between custodial exchange wallets — easy but centrally controlled — and self-custody wallets, which are powerful but ask mainstream users to memorize twelve-word seed phrases and install separate apps. ONE WALLET inverts that order: users open Telegram, complete a lightweight device check, and transact. There is no seed phrase to write down and no app to download.At the core is a 2-of-3 Shamir Multi-Share custody model. A user's signing key is split into three shares — held by the device, the user's Telegram account, and an offline recovery share. The wallet is designed so that no single party, including ONE WALLET, can move funds alone: any two shares are combined briefly on the user's device to sign a transaction, then discarded. Any one share alone cannot reconstruct the key.As a foundation-led initiative, ONE COMPANY frames ONE WALLET as the financial entry point to a broader digital ecosystem spanning fintech, AI, games, travel, and information services built on blockchain. The foundation's stated mandate includes research and education for Web3, user protection and transparency, and regulatory-compliance systems."Most people will never write down a seed phrase, and they shouldn't have to," said James Kim, CEO of ONE COMPANY. "Our job as a foundation is to make self-custody feel as natural as sending a message — and to do it with security that's honest about its boundaries. Going live and publishing our whitepaper on the same day is a deliberate choice: we want users, partners, and regulators reading the same document."ONE WALLET's roadmap moves from the core wallet (multi-chain send, receive, and swap) to a QR-based payments rail with merchant settlement, followed by the $1 token utility layer and an ecosystem of partner mini-apps. Whitepaper V1.0 is available in English, Korean, Japanese, and Chinese.About ONE WALLETONE WALLET is a Telegram-native, keyless Web3 wallet built on the TON blockchain. It replaces seed-phrase backups with a 2-of-3 Shamir Multi-Share custody model and is designed to combine a wallet, a QR-based payment rail, and the $1 token ecosystem in a single Telegram Mini App. Whitepaper V1.0 is available in EN, KO, JA, and ZH.About ONE COMPANYONE COMPANY is a foundation registered with SSM, the Companies Commission of Malaysia, with offices in Kuala Lumpur. It develops and operates a global digital platform integrating digital wallet, fintech, AI, games, travel, and information services based on blockchain technology. ONE WALLET is its flagship consumer product. Learn more at onegroup.dev.Social LinksTelegram: https://t.me/onedollar_projectX: https://x.com/one_wallet_YouTube: https://www.youtube.com/@One_Wallet_OfficialFacebook: https://www.facebook.com/onewallet.official/Media ContactBrand: ONE WALLETContact: Media teamWebsite: https://onewallet.store, https://onegroup.dev Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Radisson Expands High-Grade Gold Mineralization Across Previously Undrilled “Trend 1-Trend 2 Gap” at the O’Brien Gold Project ACN Newswire

Radisson Expands High-Grade Gold Mineralization Across Previously Undrilled “Trend 1-Trend 2 Gap” at the O’Brien Gold Project

Rouyn-Noranda, Quebec--(Newsfile Corp. - June 1, 2026) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") is pleased to announce new assay results from its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. Today's results are from two pilot holes and five associated wedge branches targeting the "Trend 1-Trend 2 Gap", an area of little previous drilling extending over an approximate 800 metre vertical extent in the central portion of the Project. Six of the seven drill holes have returned significant intercepts of high-grade gold mineralization, with important implications for future mineral resources and mining continuity. These results are the latest from the Company's ongoing 140,000-metre step-out drill program and continue to extend the scope of gold mineralization beyond the Company's recent updated March 2026 Mineral Resource Estimate ("MRE"). Highlights (Figure 1 and Table 1) include:OB-26-387W2 intersected 7.57 grams per tonne ("g/t") gold ("Au") over 9.7 metres (core length) including 52.75 g/t Au over 1.1 metre;OB-26-386W1 intersected 3.43 g/t Au over 13.4 metres including 8.63 g/t Au over 1.0 metres and including 10.26 g/t Au over 1.0 metres and including 8.24 g/t Au over 1.0 metres;OB-26-387W3 intersected 66.93 g/t Au over 1.0 metres and 24.97 g/t Au over 1.0 metres;OB-26-387W4 intersected 69.05 g/t Au over 1.0 metres and 5.28 g/t Au over 1.0 metres;Matt Manson, President and CEO: "Since late 2024 we have been engaged in an aggressive 140,000-metre program of step-out drilling at the O'Brien Gold Project with the objective of testing the full scope of mineralization down to a 2-kilometre floor. We recently announced plans to extend our exploration ambition further, with new deep drilling and directional wedging to a depth of 2.5-kilometres. At the same time, we are targeting under-explored areas at shallower depths. Previous drilling at O'Brien has defined steeply plunging mineralization "Trends" separated by "Gaps" (Figure 1). This pattern of mineralization defines the character of our mineral resource block model and influences our exploration targeting. An outstanding question has been whether these Trends reflect actual, large-scale structural controls on mineralization or are simply a feature of insufficient drilling. Today's results, targeting the important "Trend 1-Trend 2 Gap" which has a top to bottom vertical extent of 800 metres (Figure 2), support our belief that, in this area at least, mineralization is laterally continuous. This has important implications for mineral resource updates in the centre of the Project, the character of the Project's distribution of mineralization, stope continuity in mine design, and the location of infrastructure such as drifts and ramps in a future potential mine. Six of seven drill holes completed in this area returned intercepts with thicknesses and grades consistent with the Project's mineral resources, maintaining the high success rate of the ongoing step-out drill program. Results from additional directional wedges in the Trend 1-Trend 2 Gap, and from additional deeper drilling below the historical mine workings and the base of the current mineral resources, are expected shortly."Figure 1: Longitudinal Vertical Section and Plan View of Gold Vein Mineralization and Mineral Resources at the O'Brien Gold Project, with Today's Drill Holes IllustratedTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/299584_64e14e0c14d2f9fc_001full.jpgStep-Out Drilling at O'BrienSince the end of 2024, Radisson has been pursuing a program of broad step-outs beneath the historic O'Brien Gold mine and the existing mineral resources designed to test the extent of gold mineralization at the Project. This drilling is accomplished with pilot holes followed by wedges and directional drilling to maximize drill efficiency and minimize costs. In October 2025, Radisson announced the expansion of the step-out drill program to 140,000 metres employing an eventual eight drill rigs (see Radisson news release dated October 16, 2025).Figure 2: The "Trend 1-Trend 2 Gap" Illustrated on the Basis of the March 2026 MRE (left) and the July 2025 PEA Mine Design (Right). This Graphic Also Illustrates the Growth in the Project's MRE since the July 2025 PEA was Completed.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/299584_64e14e0c14d2f9fc_002full.jpgTable 1: Assay Results from Select Drill HolesTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/299584_radissontableone.jpgNotes on Calculation of Drill Intercepts:The O'Brien Gold Project Mineral Resource Estimate effective January 31, 2026 utilizes a 2.20 g/t Au bottom cutoff, a US$2,500 gold price, a minimum mining width of 1.2 metres, and a 60 g/t Au upper cap on individual assays. Intercepts presented in Table 1 are calculated with a 3.00 g/t Au bottom cut-off. Sample grades are uncapped. True widths, based on depth of intercept and drill hole inclination, are estimated to be 30-80% of core length. Table 3 presents additional drill intercepts calculated with a 1.00 g/t bottom cut-off over a minimum 1.0 metre core length so as to illustrate the frequency and continuity of mineralized intervals within which high-grade gold veins at O'Brien are developed. Lithology Codes: PON-S3: Pontiac Sediments; V3-S, V3-N, V3-CEN: Basalt-South, North, Central; S1P, S3P: Conglomerate and Greywackes; POR-S, POR-N: Porphyry South, North; TX: Crystal Tuff; ZFLLC: Larder Lake-Cadillac Fault ZoneThe origin of the step-out drill program was the deep pilot hole OB-24-337, which was the first exploration drill hole located below the former mine workings since mining ended in 1957. This hole intersected 31.24 g/t Au over 8.0 metres, including 242.0 g/t Au over 1.0 metre at approximately 1,500 metres vertical depth (see Radisson news release dated December 16, 2024). Fifteen wedge branches were completed from OB-24-337 delineating up to eight gold-bearing veins over a 250-metre x 700-metre area (see Radisson news release dated February 12, 2026). In March 2026, Radisson published an interim update in the Project's mineral resources, showing meaningful growth based on the on-going drilling (see Radisson news release dated March 2, 2026).The focus of the step-out drill program today has been the extension of mineralization at depth, with an exploration floor of 2 kilometres depth, and recently announced plans to extend this drilling to 2.5 kilometres depth (see Radisson news release dated May 28, 2026). Given the character of neighbouring gold deposits and the wealth of mining infrastructure within or close to the O'Brien Gold Project, Radisson believes that significant exploration potential exists to these depths, and such mineralization might reasonably be expected to be developed.Figure 3: Vertical Section Through the "Trend 1-Trend 2 Gap" with Today's New Drill ResultsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/299584_64e14e0c14d2f9fc_004full.jpgIn addition to the progressively deeper drilling, the 140,000-metre program includes targeting of areas within the O'Brien geological model that have not previously been tested and offer the potential for additional mineral resources at shallower depths. As exploration drilling at O'Brien has progressed over the last several years, high-grade intercepts and vein delineations have typically been followed up with additional drilling on steep east plunging trends. This is consistent with the observation of steeply plunging high-grade shoots in the historical O'Brien mine, from surface trenching, and from the orientation of grade trends in the MRE. This exploration strategy has resulted in a number of large-scale mineralization "Trends 0 to 5" being delineated, with intervening "gaps". These gaps are typically defined by a lack of drilling rather than a lack of mineralization. Significant gaps include between the former mine and "Trend 0", and a gap of 800 metres vertical extent between "Trends 1 and 2" (Figures 1 and 2).Pilot holes OB-26-386 and OB-26-387 were established to target the Trend 1-Trend 2 Gap at approximately 500 and 1,000 metres vertical depth (Figure 3). Multiple directional wedge branches were established from each pilot hole. Today's results from the two pilot holes and the 5 directional wedges completed to date have all returned intercepts of gold mineralization in the characteristic quartz-sulphide-gold veins and alteration envelops developed within the conglomerate, porphyry and volcanic units of the Piché Group. Six of the seven returned intercepts with grades and thicknesses consistent with the Project's mineral resources. Drillhole OB-26-386W1 returned a thick 13.4-metre (core length) intercept averaging 3.43 g/t Au and including three separate 1-metre vein intervals grading 8.63 g/t Au, 10.26 g/t Au and 8.24 g/t Au respectively. Drill hole OB-26-387W2 also returned a thick zone of alteration grading 7.57 g/t Au over 9.7 metres, including a vein interval grading 52.75 g/t Au over 1.1 metres. Drill holes OB-26-387W3 and OB-26-387W4 multiple 1-metre vein intercepts with grades of 66.93 g/t Au, 24.97 g/t Au, 69.05 g/t Au and 5.28 g/t Au (Table 1, Figures 1 and 3).The implication of these results is that continuity of mineralization at O'Brien, which is well established vertically in the drill data and from the historic mine, can also be established laterally between what were previously thought to be discrete mineralization trends. In addition, the presence of a gap in the mineral resource block model between Trends 1 and 2 drives a gap between mining areas and mine infrastructure planning, as was demonstrated in the mine design contained within Radisson's July 2025 Preliminary Economic Assessment ("PEA") for the Project (Figure 2). Additional mineral resources in these under-drilled gaps will also benefit the density of mineralization at the Project, which is a common measure of economic viability and capital efficiency in underground mine design.In more general terms, the observation of six holes out of seven returning high-grade intercepts with grade and thicknesses consistent with the Project's mineral resources ("hits", per Table 2) from drill holes targeting non-resource areas is another example of the high-rate of success of the current step-out drill program at O'Brien, and the extent of the O'Brien gold mineralizing system (Figure 4).Table 2: Drill Results Published for the O'Brien Gold Project Since December 2024Date of PublicationTotal Number of Drill HolesDrill Holes with Intercepts >+3g/tSuccess Rate (%)June 1, 20267686%April 30, 2026-O'Brien77100%April 30, 2026-Thompson-Cadillac9222%January 27, 202677100%January 6, 20266583%October 28, 2025151387%September 8, 2025151387%July 16, 2025141179%April 2, 202533100%February 26, 2025201575%December 16, 202411100%Total1048380% Gold Mineralization at O'BrienGold mineralizing quartz-sulphide veins at O'Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break ("LLCB"). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks.As mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to several metres in thickness and are associated with broader, mineralized alteration envelopes. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with steeply plunging grade shoots developed over significant lengths. Based on the historic data available, it is clear that the former mine was "high-graded", with mining focussed on a main central stope and parallel veins identified but left undeveloped.The historic O'Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t Au and over a vertical extent of at least 1,000 metres. Modern exploration has focussed on delineating well-developed vein mineralization to the east of the historic mine within a series of repeating trends (Trend #s 0 to 5).Figure 4: Deep Step-Out Drill Holes Completed and/or Published by the Company Since March 2026To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/299584_64e14e0c14d2f9fc_005full.jpgTable 3: Detailed Assay Results (see "Notes on Calculation of Drill Intercepts")To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/299584_tablethree1.jpgTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/299584_tablethree2.jpgTable 4: Drill Hole Collar Information for Holes contained in this News Release To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/299584_tablefour.jpgNotes:Hole lengths for wedges represent meterage from point of wedge.QA/QCAll drill cores in this campaign are NQ in size. Assays were completed on sawn half-cores, with the second half kept for future reference. Drill core samples are sent to MSALABS's analytical laboratory located in Val-d'Or, Québec, for preparation and gold analysis. The entire sample is dried and crushed (70% passing a 2-millimetre sieve) and split to 500 g. The analysis for gold is performed on an approximately 500 g aliquot using Chrysos PhotonAssay™ technology. Mineralized zones containing visible gold were analyzed to extinction whereby the entire sample is split into multiple jars, each is analysed by PhotonAssay, and the average of the results is used for reporting. Standard reference materials, blank samples and duplicates were inserted for quality assurance and quality control.MSALABS operates under ISO/IEC 17025 accreditation, utilizing industry-standard QA/QC frameworks for gold analysis. By integrating blanks, duplicates, and CRMs into their workflows, the laboratory adheres to established benchmarks that ensure precise, reliable, and verifiable results.QP DisclosureDisclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O'Brien Gold Project.About Radisson MiningRadisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 PEA described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.63 Moz (3.49 Mt at 5.59 g/t Au), with additional Inferred Mineral Resources estimated at 1.69 Moz (10.37 Mt at 5.08 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025, Radisson's news release dated March 2, 2026 "With Step-Out Drilling Continuing, Radisson Demonstrates Meaningful Resource Growth at O'Brien with an Updated Mineral Resource Estimate" and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project. For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations 604.908.1695kpillon@radissonmining.comForward-Looking StatementsThis news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies; local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future; planned and ongoing drilling; the significance of drill results; the ability to continue drilling; the impact of drilling on the definition of any resource; and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; and the ability to convert inferred mineral resources to indicated mineral resources.Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "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 information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 23, 2026 for the year ended December 31, 2025 available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither the 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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299584 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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SDMC to Formally List on HKEX on May 27, Driving Global Expansion in AI Home Ecosystems ACN Newswire

SDMC to Formally List on HKEX on May 27, Driving Global Expansion in AI Home Ecosystems

HONG KONG, Jun 1, 2026 - (ACN Newswire via SeaPRwire.com) - Shenzhen SDMC Technology Co., Ltd. (“SDMC” or the “Company”, HKEX: 00901), a globally leading smart home solution provider and the world’s largest Android TV smart terminal supplier by sales volume, officially commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX) today. Guided by its innovative “1+2+X” strategy, the Company is poised to lead the global transition towards advanced AI home ecosystems.The Company successfully offered 19,207,300 H shares globally, with the final offer price set at HK$32.80 per share. China Securities International served as the Sole Sponsor for this significant listing. This successful Initial Public Offering (IPO) marks a pivotal moment for SDMC, providing access to international capital markets to accelerate its global ecosystem integration and technological advancements.Deep Integration with Google Ecosystem and Expansive Global ReachWith over two decades of expertise in the home ecosystem sector, SDMC has developed a robust and integrated portfolio of “hardware + software + cloud platform” solutions. A cornerstone of the Company’s competitive advantage is its profound integration with the Google ecosystem. In 2017, SDMC was among the first enterprises in China to achieve Google Android TV certification. Further solidifying its leadership, in 2023, it secured the world’s first Google TV projection product ODM certification.According to Frost & Sullivan, the global smart home device market is projected to grow from US$71.8 billion in 2025 to US$175.9 billion by 2030. As of 2025, the top ten market participants account for approximately 53.9% of the total market share by revenue. Within the global enterprise smart home solutions market, SDMC ranks as the seventh-largest provider globally and the third-largest in Mainland China by 2025 revenue. Furthermore, it maintains its standing as the world’s largest Android TV smart terminal supplier by sales volume. To date, SDMC has established a comprehensive global presence, serving more than 300 clients—primarily telecommunication operators—across over 80 countries and regions.Transitioning to a Global Ecosystem DefinerMoving beyond the export of standalone devices, SDMC leverages its proprietary management platforms, including Cedar, XHome, and XMediaTV, to seamlessly integrate cutting-edge AI, IoT, and wireless communication technologies into diverse home environments. As a crucial strategic ally and a preferred enabler for technology implementation worldwide, the Company generates over 90% of its revenue from international markets.The proceeds from the listing will be strategically deployed to fuel continuous innovation in smart home technologies, strengthen the Company’s leadership in global niche markets, and inject new dynamism into the global smart home industry.About SDMCSDMC (HKEX: 00901) is a globally recognized smart home solution provider. By seamlessly integrating advanced terminal hardware with self-developed software management platforms (Cedar, XHome, XMediaTV), SDMC delivers robust ecosystem-based solutions to over 300 telecom operators worldwide. Driven by a steadfast commitment to global expansion and relentless innovation, SDMC is dedicated to shaping the future of home intelligence.For Media Inquiries, Please Contact:Intelligent Joy LimitedEmail Address:June: june@intelligentjoy.comLeo: leo.fan@intelligentjoy.comTalia: talia.li@intelligentjoy.comPhone Number:June: (852) 3594 6458Talia: (852) 6265 5076Leo: (86) 19076154147 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Unitree Robotics IPO Goes Before Listing Committee Today; Shoucheng Holdings (697.HK) Robotics Investment Portfolio Valuation Grows Around Fourfold, with Book Value Gains Exceeding RMB8 Billion ACN Newswire

Unitree Robotics IPO Goes Before Listing Committee Today; Shoucheng Holdings (697.HK) Robotics Investment Portfolio Valuation Grows Around Fourfold, with Book Value Gains Exceeding RMB8 Billion

HONG KONG, Jun 1, 2026 - (ACN Newswire via SeaPRwire.com) - As Unitree Robotics’ STAR Market IPO advances to a key review stage, the potential asset revaluation and earnings upside arising from Shoucheng Holdings’ (00697.HK) participation in the robotics sector through its industrial funds have become a focus of market attention. Public information shows that Unitree Robotics’ STAR Market IPO application is scheduled to be reviewed today, June 1. Industry observers believe that if Unitree Robotics successfully moves into the public-market pricing stage, it will provide a clearer valuation benchmark for related robotics assets and may further feed through to Shoucheng Holdings’ asset side, earnings side and net asset value.Recent financing enthusiasm in the robotics sector has continued to rise, also providing an industry backdrop for the revaluation of related assets. Earlier reports by Securities Times showed that, in the first quarter of 2026, more than 50 financing deals were disclosed in China’s embodied-intelligence sector, with cumulative financing of around RMB 20 billion, representing year-on-year growth of nearly 60%. Companies including Unitree Robotics, Galbot, Agibot, Xinghaitu and Deep Robotics have entered the RMB 10 billion valuation tier. Market participants believe that, as the valuation midpoint of the robotics sector gradually moves upward, the implied value of Shoucheng Holdings’ related investment assets may become easier for the market to reprice, expanding the room for imagination around investment returns and profit upside.Notably, Shoucheng Holdings’ overall investment and book performance in the robotics sector are already supported by solid data. Shoucheng Holdings’ management previously disclosed that, as of the end of 2025, the company had invested more than RMB2 billion in the broader robotics industry chain through several industrial funds under its management and consolidated funds. The valuation of the relevant investment portfolio has increased by around fourfold, which, based on this calculation, corresponds to a book value gain of approximately RMB8 billion.As Unitree Robotics’ IPO advances toward the public market pricing stage, the related holdings are expected to obtain a clearer valuation anchor, further driving a revaluation of book value gains and pushing Shoucheng Holdings’ robotics assets into a stage of value verification and realization.With respect to the Unitree Robotics project specifically, public information shows that Shoucheng Holdings participated in the investment through the Beijing Robotics Industry Development Investment Fund. The fund held approximately 3.8262% of Unitree Robotics before the offering and about 3.44% after the offering. Based on the assumption that the new share issuance will be no less than 10% of the post-issuance total share capital, Unitree Robotics’ post-issuance valuation would be no less than RMB 42 billion. On this basis, the equity interest in Unitree Robotics held by the Beijing Robotics Industry Development Investment Fund would be worth approximately RMB 1.445 billion. If Unitree Robotics’ subsequent valuation rises to RMB 50 billion or RMB 60 billion, the value of this equity interest would be approximately RMB 1.720 billion and RMB 2.064 billion, respectively. Although the above calculations refer to the value of the fund-level shareholding and do not equate to all gains that Shoucheng Holdings can directly recognize, they already provide the market with a clearer reference for assessing the potential value of its robotics investment assets.From an asset perspective, Unitree Robotics’ IPO will provide a clearer valuation anchor for Shoucheng Holdings’ related robotics investments. Once Unitree Robotics enters the public market, its market capitalization performance, liquidity and comparable peer valuations will offer a more direct pricing reference for the robotics assets held by Shoucheng Holdings through its funds.From an earnings perspective, after Unitree Robotics is listed, if the related investments are measured at fair value, changes in its public-market price may be reflected in Shoucheng Holdings’ fair-value changes or investment income. In the first quarter of 2026, Shoucheng Holdings recorded revenue of HKD 327 million and net profit attributable to shareholders of HKD 78.53 million. Excluding relevant one-off gains, net profit attributable to shareholders increased by around 18% year on year. Against the existing profit base, if robotics investment projects subsequently generate valuation revaluation or income recognition, they would help enhance the company’s earnings and further highlight the profit elasticity of its investment segment.From a valuation-framework perspective, Shoucheng Holdings has historically been viewed more as a company related to infrastructure asset operations, parking asset management and the REITs ecosystem, with a certain asset discount often embedded in its valuation. As robotics investment assets gradually gain public-market pricing, the company’s net asset structure is expected to exhibit more technology-growth attributes. When assessing Shoucheng Holdings, the market may not only refer to the PB ratio, cash flow and dividend and share-repurchase capacity of traditional asset-operating companies, but also focus on NAV revaluation, investment-income elasticity and the option value of technology-growth assets.Institutional views also reflect market attention from another angle. CICC previously maintained its "outperform" rating on Shoucheng Holdings and once raised its target price to HKD 3.3, mainly taking into account shareholding-structure optimization and the continued release of positive factors from robotics-industry development. Analyst expectations compiled by various financial data platforms show that the average target price for Shoucheng Holdings ranges from approximately HKD 2.66 to HKD 2.753, with the highest target price reaching HKD 3.30.Market observers believe that the recent value-recovery logic for Shoucheng Holdings mainly comes from two aspects. First, the accelerated capitalization of portfolio companies such as Unitree Robotics has improved the transparency of related investment assets and created a potential value-realization window for the company. Second, the company has continued to pursue share repurchases, conveying management’s confidence in the company’s long-term value to the market. As robotics investments enter the stage of financial validation, the resonance between industrial-investment elasticity and shareholder-return mechanisms is further strengthening market expectations for valuation recovery.Overall, the significance of Unitree Robotics’ IPO progress for Shoucheng Holdings is no longer merely the heating up of a robotics theme, but the gradual formation of a foundation for financial transmission. Public-market pricing is expected to increase the visibility of related investment assets, while fair-value changes, investment-income recognition or subsequent exit distributions may open up earnings-side elasticity. At the same time, improved asset transparency will also help the market reassess the quality of the company’s net assets and its valuation framework. For Shoucheng Holdings, robotics investment is moving from industrial deployment toward the stage of value verification. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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KoverNow partners with Watch Exchange, Singapore’s leading luxury watch dealer, to offer digital watch insurance, backed by AXA XL ACN Newswire

KoverNow partners with Watch Exchange, Singapore’s leading luxury watch dealer, to offer digital watch insurance, backed by AXA XL

SINGAPORE, June 1, 2026 - (ACN Newswire via SeaPRwire.com) - KoverNow, the digital insurance platform for high-value items and collectibles, has announced a strategic partnership with Watch Exchange, one of Singapore's most trusted luxury watch dealerships.The partnership enables collectors and enthusiasts to insure their luxury timepieces digitally with worldwide coverage backed by AXA XL, a leading global insurer of property, casualty, and specialty coverages for businesses worldwide. Customers benefit from exclusive offers with competitive rates and a fully digital experience — receiving instant quotes based on market value and activating coverage either at the moment of purchase or from the comfort of their own home. Coverage includes protection against accidental damage, loss and theft.Watch Exchange is recognized for its exceptional buying and selling services, strict authenticity standards and as a leading destination for some of the world's most sought-after luxury watches. With a focus on delivering both access and enduring value, the partnership enhances its offering by introducing a seamless way for customers to protect their watches as a natural extension of the purchase experience.This partnership marks KoverNow's first retail deployment under its insurance intermediary relationship with AXA XL in Singapore, reflecting its capability in delivering high-value, specialist items insurance through a fully digital experience."Acquiring a watch is a deliberate and meaningful moment and protecting it should be just as straightforward," said Stephan Kaiser, CEO of KoverNow. "KoverNow's tech-enabled process equips collectors with a simple platform to secure world-class coverage so that they can truly enjoy their collections with confidence. We are very pleased to have Watch Exchange as our partner and its endorsement underscores our ability to deliver high-quality watch insurance digitally in concert with established retail channels.""At Watch Exchange, we are committed to offering services that elevate the experience for our customers. KoverNow's tailored insurance solution creates a simple and smooth way to safeguard your watch collection. We're thrilled to be adding a valuable layer of support to the ownership journey of our esteemed customers," said Darren Yeoh, Sales Manager of Watch Exchange."Luxury watches today are both cherished personal possessions and increasingly valuable collectible assets," said Rhiannon Alban-Davies, Head of Fine Art & Specie Asia at AXA XL. “As the market evolves, collectors expect protection solutions that are as seamless and sophisticated as the way they buy and manage their collections. Through this partnership, we are pleased to support an innovative digital insurance experience that combines specialist underwriting expertise with convenience and peace of mind for watch owners."About KoverNow KoverNow delivers digital insurance for high-value items and collectibles in Singapore and Hong Kong, including watches, jewellery, handbags, cameras, wine, whisky and art. Through the KoverNow app, collectors can insure their cherished items in a single digital journey — from onboarding and obtaining instant quotes to activating coverage and filing claims. Its proprietary model ensures asset authenticity, accurate valuation and long-term ownership. Partnering with leading insurers and distribution partners such as luxury retailers, financial institutions and auction houses, KoverNow enables specialist insurance to be offered at the point of sale. Visit www.kovernow.com for more.About Watch ExchangeWatch Exchange is Singapore's largest and best-reviewed independent luxury watch retailer, based in Orchard, Singapore. Built on a simple promise of Luxury Meets Trust, every timepiece undergoes a rigorous inspection process and is backed by a one-year warranty from Watchlab, our in-house Swiss-standard service centre. Recognised as an Enterprise 50 winner and CaseTrust accredited, Watch Exchange operates two boutiques at Far East Plaza, Orchard, serving watch lovers and enthusiasts across Singapore.ABOUT AXA XLAXA XL provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.comABOUT AXA XL INSURANCEAXA XL Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit www.axaxl.comFor further information, please contact:Jennifer CheungKoverNow PTE LTD Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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How to Manage Overseas Expenses Without Disrupting Your Monthly Budget ACN Newswire

How to Manage Overseas Expenses Without Disrupting Your Monthly Budget

SINGAPORE, May 31, 2026 - (ACN Newswire via SeaPRwire.com) - Managing overseas expenses while maintaining a stable monthly budget can feel challenging, especially for individuals and families based in countries like Singapore, where the cost of living can be already high. Whether the expense is linked to education, medical needs, travel, or supporting family abroad, the financial impact can quietly spill into day-to-day finances if left unplanned. This is where thoughtful budgeting approaches like Personal Loans may help balance immediate overseas needs with regular monthly commitments, without creating unnecessary financial strain.If you are wondering how to manage your expenses overseas without hampering your monthly budget, here are some tips that might help you:Understanding the nature of overseas expensesOverseas expenses often come with layers that go beyond the headline cost. Apart from the primary payment, there may be foreign exchange mark-ups, international transfer fees, and timing mismatches between income and expenditure. For example, a one-time overseas education payment of SGD 15,000 may seem manageable on paper, but exchange rate fluctuations and bank charges might push the final outflow higher. Understanding these hidden elements early can help individuals anticipate the real impact on their monthly budget and plan accordingly.Using Personal Loans as a structured financing optionPersonal Loans may help convert large overseas expenses into predictable monthly instalments. Instead of relying on credit cards with higher interest rates on late payments, a personal loan may offer a clearer repayment structure and fixed tenure. For example, a personal loan of SGD 20,000 spread over 24 months might translate to a monthly repayment of approximately SGD 900, depending on interest rates. This approach can help integrate overseas spending into the monthly budget in a more controlled manner, without disrupting regular financial commitments.Managing currency and transfer costs effectivelyCurrency exchange plays a quiet but important role in overseas spending. Even a small difference in exchange rates can affect large transactions. A 1.5% difference on a transfer of SGD 10,000 can mean an additional SGD 150 in cost. For example, waiting for a favourable movement of even 0.5% on an SGD 10,000 transfer can help reduce costs by around SGD 50. Exploring remittance options, monitoring exchange rates, and carefully timing transfers can help reduce unnecessary expenses. This approach works particularly well for non-urgent overseas expenses with flexible payment windows. When paired with structured repayment tools like personal loans, this strategy may help smooth cash outflows while reducing exposure to currency fluctuations.Avoiding overlap with short-term financial goalsOverseas expenses can sometimes clash with short-term goals such as emergency savings, insurance premiums, or planned lifestyle upgrades. Redirecting all available funds toward overseas commitments may create gaps elsewhere. Breaking down overseas expenses into manageable portions, supported by tools like Personal Loans may help maintain progress toward these goals. For instance, continuing to set aside SGD 300-400 monthly for savings while servicing an overseas expense can preserve financial balance without over-stretching resources.Creating a balanced long-term approachManaging overseas expenses without disrupting a monthly budget often comes down to balance rather than the elimination of costs. Thoughtful planning, realistic timelines, and financing options, such as Personal Loans, can help distribute the impact over time. By aligning overseas payments with income patterns, accounting for hidden costs, and preserving room for everyday needs, individuals can navigate international financial responsibilities while keeping their monthly budget steady and sustainable.Set aside overseas expenses in a separate account for regular paymentsCreating a separate bank account or sub-account specifically for these regular overseas commitments can help keep the main monthly budget more predictable. By transferring a fixed amount (for example SGD 800-1,200 each month) overseas payments remain clearly visible and easier to manage. Over time, this separation can help reduce overlap with daily expenses, such as rent, utilities, or groceries, while also making it simpler to track how much of the recurring overseas obligation has already been covered.This approach tends to be more suitable for individuals who have recurring or ongoing overseas payments, such as monthly family support, education-related instalments, or periodic medical expenses, rather than one-time international spends.Managing overseas expenses without unsettling a monthly budget often comes down to structure, visibility, and timing rather than drastic financial changes. For instance, handling regular international payments and aligning these commitments with predictable cash flows can help maintain stability across everyday expenses. Approaches such as Personal Loans, planned transfer schedules, and separate accounts can help distribute the impact of overseas payments over time. With periodic reviews and realistic repayment planning, overseas financial responsibilities can remain manageable.Disclaimer: This content is published by iQuanti Singapore Pte Ltd, an external marketer engaged and compensated by UOB Ltd.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Malaysia-Based ONE COMPANY Foundation Unveils ONE WALLET, a Keyless Telegram-Native Wallet on TON ACN Newswire

Malaysia-Based ONE COMPANY Foundation Unveils ONE WALLET, a Keyless Telegram-Native Wallet on TON

KUALA LUMPUR, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - ONE COMPANY, a foundation registered with SSM, the Companies Commission of Malaysia, today unveiled ONE WALLET, a Telegram-native Web3 wallet built on the TON blockchain. The foundation also published ONE WALLET Whitepaper V1.0, detailing the product, security architecture, and the utility model of its $1 token.ONE WALLET targets the gap between custodial exchange wallets — easy but centrally controlled — and self-custody wallets, which are powerful but ask mainstream users to memorize twelve-word seed phrases and install separate apps. ONE WALLET inverts that order: users open Telegram, complete a lightweight device check, and transact. There is no seed phrase to write down and no app to download.At the core is a 2-of-3 Shamir Multi-Share custody model. A user's signing key is split into three shares — held by the device, the user's Telegram account, and an offline recovery share. The wallet is designed so that no single party, including ONE WALLET, can move funds alone: any two shares are combined briefly on the user's device to sign a transaction, then discarded. Any one share alone cannot reconstruct the key.As a foundation-led initiative, ONE COMPANY frames ONE WALLET as the financial entry point to a broader digital ecosystem spanning fintech, AI, games, travel, and information services built on blockchain. The foundation's stated mandate includes research and education for Web3, user protection and transparency, and regulatory-compliance systems."Most people will never write down a seed phrase, and they shouldn't have to," said James Kim, CEO of ONE COMPANY. "Our job as a foundation is to make self-custody feel as natural as sending a message — and to do it with security that's honest about its boundaries. Opening private testing and publishing our whitepaper on the same day is a deliberate choice: we want users, partners, and regulators reading the same document."ONE WALLET's roadmap moves from the core wallet (multi-chain send, receive, and swap) to a QR-based payments rail with merchant settlement, followed by the $1 token utility layer and an ecosystem of partner mini-apps. Whitepaper V1.0 is available in English, Korean, Japanese, and Chinese.About ONE WALLETONE WALLET is a Telegram-native, keyless Web3 wallet built on the TON blockchain. It replaces seed-phrase backups with a 2-of-3 Shamir Multi-Share custody model and is designed to combine a wallet, a QR-based payment rail, and the $1 token ecosystem in a single Telegram Mini App. Whitepaper V1.0 is available in EN, KO, JA, and ZH.About ONE COMPANYONE COMPANY is a foundation registered with SSM, the Companies Commission of Malaysia, with offices in Kuala Lumpur. It develops and operates a global digital platform integrating digital wallet, fintech, AI, games, travel, and information services based on blockchain technology. ONE WALLET is its flagship consumer product.Social Links:Telegram: https://t.me/onedollar_projectX: https://x.com/one_wallet_YouTube: https://www.youtube.com/@One_Wallet_OfficialFacebook: https://www.facebook.com/ONE WALLET.official/Media ContactBrand: ONE COMPANYContact: Media teamWebsite: https://ONE WALLET.store Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Longbio Pharma Opens Public Offering: Premium Pipeline in Autoimmune & Allergic Diseases Fuels Long-Term Growth

HONG KONG, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - Driven by national industrial policy support and the comprehensive upgrading of public health needs, China’s biopharmaceutical industry has entered a new stage of high-quality and rapid growth. Autoimmune and allergic diseases are prevalent chronic conditions requiring long-term intervention, with enormous unmet clinical medical needs.According to Frost & Sullivan, the global autoimmune disease drug market is expanding steadily, estimated to increase from US$138.9 billion in 2024 to US$176.7 billion in 2030, with a CAGR of 4.1%. By contrast, China’s market demonstrates explosive growth momentum. The market size in China is estimated to surge from US$5.1 billion in 2024 to US$19.0 billion in 2030, with a remarkable CAGR of 24.5%, far outpacing the global average and embracing vast market opportunities.LongBio Pharma (Suzhou) Co., Ltd. ("Longbio Pharma" or the "Company", Stock Code: 01779.HK), a leading player in the sector, officially launched its Public Offering on 28 May, marking the final countdown to its Hong Kong listing. The Company is poised to embark on a new chapter of commercialisation and scaled development empowered by the capital market. Focused on Premium Therapeutic Track, Premium Innovative Pipeline Builds Core BarriersFounded in 2020, Longbio Pharma is a clinical-stage innovative biopharmaceutical company with full in-house capabilities for drug discovery and development, focusing on allergic and autoimmune diseases. Since inception, the Company has consistently prioritised unmet clinical needs and specialised in differentiated innovative tracks, building a well-structured, tiered and high-potential innovative product pipeline.The Company has established a three-tier product layout featuring breakthrough core product + leading flagship product + robust pipeline reserves. Its portfolio includes core product LP-003 and flagship product LP-005, alongside multiple innovative drug candidates covering high-value indications such as allergic diseases and complement-mediated autoimmune diseases, underpinning promising long-term growth prospects.Longbio Pharma’s core product LP-003 is a differentiated Anti-IgE monoclonal antibody with an innovative sequence design. It precisely targets the core pathogenesis of allergic diseases, indicated for the targeted treatment of seasonal allergic rhinitis (AR), chronic spontaneous urticaria (CSU), allergic asthma, chronic rhinosinusitis with nasal polyps (CRSwNP) and food allergies. Its primary function is to specifically block free IgE in human blood and tissues, and thus inhibiting the occurrence of IgE-driven allergic reactions.Compared with conventional therapies, LP-003 efficiently binds to free IgE and prohibits those excessive IgEs from binding to the high-affinity IgE receptor, FcεRI. Boasting a precise mechanism of action, strong targeting capability and a broad spectrum of indications, it delivers distinct competitive edges and substantial market potential. Clinical data have fully validated its robust product strength. As at the Latest Practicable Date, Longbio Pharma has initiated eight clinical trials in China for LP-003, of which two have been completed and the other six are still ongoing. Top-line results from the Phase II clinical trial for CSU showed that LP-003 demonstrated promising efficacy (fast onset of action, good efficacy and long-acting) compared to omalizumab in the treatment of CSU. LP-003 also showed favorable efficacy and safety profile in its Phase II clinical trial for moderate-to-severe seasonal AR that is inadequately controlled by standard treatment. A Phase III clinical trial for the treatment of seasonal AR is currently underway in China.With the steady advancement of clinical trials and continuous release of key clinical data, LP-003 is expected to reshape the treatment landscape for allergic diseases and fill the domestic market gap for high-efficiency, long-acting differentiated anti-IgE drugs. Upon commercialisation, it is set to capture a substantial share of the allergic disease treatment market and become a core driver of the Company’s performance growth.LP-005, the Company’s flagship product, is the first innovative drug developed on its Bi-functional Antibody Development Platform and a bi-functional antibody fusion protein targeting C5 and C3b complement. By acting on multiple key nodes in the complement cascade simultaneously, it comprehensively blocks complex pathological mechanisms of diseases and achieves synergistic multi-pathway inhibition. Outperforming conventional single-target drugs in therapeutic potential and indication coverage, it boasts prominent technological and clinical value.LP-005 has obtained IND approvals in China for various indications, including paroxysmal nocturnal hemoglobinuria (PNH), complement-mediated kidney diseases (including but not limited to IgAN, C3G and LN), and other complement related indications, covering a range of major diseases with high clinical demand and limited curative options.The Company is steadily advancing several clinical trials of LP-005 for PNH and complement-mediated kidney diseases. Interim data from Phase II clinical trial (CTR20242478) have yielded encouraging results. From the data collected, LP-005 has shown encouraging efficacy in PNH patients, including two PNH patients who were previously treated with omalizumab but inadequately controlled, still have benefitted continuously from LP-005 treatment throughout the trial period. LP-005 demonstrated favorable safety and tolerability in the Phase I study in China involving healthy subjects, laying a solid foundation for subsequent large-scale clinical development and commercial application.With continuous breakthroughs in clinical trials, LP-005 is expected to become China’s first novel multi-target complement drug, filling the huge unmet medical need for refractory autoimmune diseases and securing a first-mover advantage in the complement inhibitor segment. It will open up a new growth curve for the Company.While advancing its core and flagship products, Longbio Pharma continues to expand its pipeline reserves to sustain long-term growth. The Company has developed multiple promising candidates, including LP-00A, a bi-functional autoimmune antibody targeting allergic diseases, LP-00C, a bi-functional B-cell inhibitor targeting B-cell mediated autoimmune diseases and LP-00D, a bi-functional antibody or fusion protein complement inhibitor optimized for specific tissues/organs and indications. The diversified pipelines currently in development precisely target segmented disease areas, forming a rich and diverse pipeline that underpins the Company’s sustained innovation and steady growth.Self-developed Technology Platforms Empower R&D Strength for Long-term InnovationInnovative technology platforms are the cornerstone for biopharmaceutical enterprises to continuously deliver high-quality pipelines. With years of expertise in innovative drug R&D, Longbio Pharma has built two proprietary, industry-leading technology platforms: the High-Affinity Antibody Discovery Platform and the Bi-functional Antibody Development Platform. Supported by standardised and systematic R&D workflows, the platforms empower the entire process of candidate drug early discovery and structural optimisation, establishing a solid technical barriers.The two core R&D platforms cover key links across the biologic drug development value chain. They enable early identification and mitigation of potential risks in clinical development and industrial production. Leveraging platform strengths, the Company efficiently screens high-value candidates with clinical value, cost advantages and commercial potential, achieving optimal allocation of R&D resources and sustainable delivery of premium pipeline products.The High-Affinity Antibody Discovery Platform features industry-leading antibody screening and optimisation capabilities. Compared with conventional R&D technologies, it significantly enhances the targeting affinity, specificity and stability of antibody drugs. LP-003, developed via this platform, achieves iterative superiority over traditional analogue drugs in efficacy and targeting performance, validating the platform’s technological advancement and reliability.The Bi-functional Antibody Development Platform breaks the structural limitations of conventional single-target antibodies. It features structural flexibility, broad applicability, high druggability and strong scalability, enabling rapid development of multi-target and multi-mechanism innovative drugs to address complex autoimmune conditions. Pipeline candidates including LP-005, LP-00A, LP-00C and LP-00D are all developed on this platform, demonstrating its robust sustainable output capacity.Backed by its proprietary core technology platforms, Longbio Pharma has built an proprietary innovative drug R&D system, covering target discovery, molecular optimisation, preclinical research and clinical development. The Company has achieved full independence in R&D and freed itself from external technological reliance. Supported by favourable industry policies, expanding market demand and continuous technological breakthroughs, the Company’s pipeline value keeps unlocking with clear growth logic and strong momentum.Overall, Longbio Pharma is strategically positioned in the high-growth autoimmune and allergy track. With a portfolio of differentiated core candidates and self-built cutting-edge R&D platforms, it has established solid and profound competitive barriers.Following its Hong Kong listing, the Company will leverage capital market resources to accelerate the translation of innovative achievements and expand industrial boundaries. It is well-positioned to continuously capture market opportunities in segmented sectors, fully unlock growth potential and boast promising long-term development prospects. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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HKTDC kicks off 60th anniversary celebrations ACN Newswire

HKTDC kicks off 60th anniversary celebrations

HONG KONG, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) marks its 60th anniversary today with the launch of its first celebratory initiative. Its flagship retail platform – Design Gallery – is rolling out the “Design Gallery on the Move” campaign, showcasing original Hong Kong brands and design products to residents and visitors over three weeks (29 May to 18 June) and highlighting the creativity, diversity and vibrancy of Hong Kong design.Professor Frederick Ma, HKTDC Chairman, said: “For six decades, the HKTDC has grown alongside Hong Kong enterprises, guided by a steadfast belief in proactively ‘going global’ and leading Hong Kong businesses to expand globally. As early as 1967, we travelled to Africa to promote Hong Kong products, converting a cargo truck into a mobile exhibition. Later, when we led the Hong Kong toy industry to participate in the renowned Nuremberg International Toy Fair in Germany but were unable to secure exhibition space, we set up a temporary showroom outside the venue using the same approach, bringing Hong Kong toys onto the international stage. This flexible, resilient and can-do attitude embodies the Lion Rock spirit of Hong Kong.”He added: “The ‘Design Gallery on the Move’ campaign carries forward this original vision by bringing original Hong Kong brands into local communities across the city and showcasing the creativity and strengths of local SMEs. Looking ahead, the HKTDC will continue to tell the story of Hong Kong brands and design, staying true to our mission over the past 60 years.”Six thematic zones take diverse Hong Kong design into the communityThe campaign features 36 Hong Kong brands and over 60 products, spanning six thematic zones: DG Delights – Hong Kong themed, DG Discover, DG Delights – IP, DG Green, DG Luxe, DG Silver Market & DG Mini. The mobile exhibition will tour 16 locations across Hong Kong, enabling residents and visitors to discover the unique stories behind different local brands. A wide range of products will be on display. Visitors can purchase their favourite items at Design Gallery’s physical stores or online. During the campaign period, customers shopping at the online store will receive discount coupons.To celebrate the HKTDC’s 60th anniversary, Design Gallery is also launching a series of promotional offers, including the “60 items at 40% off” campaign at its Wan Chai Convention and Exhibition Centre store from May to July, featuring 20 selected items each month across categories such as gifts, homeware and fashion accessories etc. Design Gallery promotes around 400 Hong Kong brands annually.Event series celebrates HKTDC’s 60th anniversary with the communityThe HKTDC will roll out a series of themed initiatives to mark its 60th anniversary, including “Catch the 60th Anniversary-themed Tram”, “HKTDC’s 60th Anniversary Celebration – Next 60 Forum”, “HKTDC’s 60th Anniversary Cocktail Reception”, a special giveaway campaign during the Hong Kong Book Fair, a community art co-creation event and the “HKTDC 60th Anniversary Exhibition”. These initiatives span exhibitions, community engagement and industry activities, continuing to support Hong Kong enterprises and celebrating this important milestone together with the community.Photo download: https://bit.ly/4uyQBBvHKTDC’s flagship retail platform Design Gallery launches the “Design Gallery on the Move” campaign, showcasing Hong Kong original brands and design products. Professor Frederick Ma, HKTDC Chairman, and Sophia Chong, HKTDC Executive Director, group photo with brand representatives at the launch ceremony.The campaign features 36 Hong Kong brands and over 60 products across six thematic zones, demonstrating the diversity of Hong Kong design in culture, innovation and sustainability.Professor Frederick Ma, HKTDC Chairman, and Sophia Chong, HKTDC Executive Director, tour the exhibition at the launch ceremony.Websites“Design Gallery on the Move” activity schedule: https://bit.ly/4fHoU4QHKTDC’s 60th Anniversary Celebration Activities: https://60.hktdc.com/en/activitiesDesign Gallery Online Shop: https://dghk-eshop.hktdc.com/HKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesHKTDC’s Communications & Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgNavin LawTel: (852) 2584 4525Email: navin.cm.law@hktdc.orgWinnie KanTel: (852) 2584 4055Email: winnie.wy.kan@hktdc.orgAbout Design GallerySince its establishment in 1991, Design Gallery has been dedicated to promoting Hong Kong’s creative design and supporting the development of local SMEs by showcasing the latest products by Hong Kong designers and brand manufacturers to a global audience. It serves as an exceptional retail platform to test new designs and brands, as well as a perfect launchpad for building brand awareness among an international clientele. Design Gallery also provides comprehensive product and trade advisory services, connecting buyers with suppliers and creating new business opportunities for Hong Kong’s design industries. Currently, Design Gallery operates physical stores at the Hong Kong Convention and Exhibition Centre and Hong Kong International Airport, and launched its online store in 2021 to offer more flexible and sustainable sales channels. To support Hong Kong businesses expand into the Chinese Mainland and overseas markets, Design Gallery has been active on major mainland e-commerce platforms since 2010, promoting some 400 brands annually. It also operates 72 sales points across 27 mainland cities, including over 30 locations in the Greater Bay Area. Last year, Design Gallery expanded into ASEAN markets, enabling Hong Kong brands to reach a broader international customer base through cross-border e-commerce. At present, some 400 Hong Kong brands are promoted each year through its online and offline platforms.About HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Sigenergy Unveils SigenAgent, the First All-Domain AI Agent for the Renewable Energy Industry ACN Newswire

Sigenergy Unveils SigenAgent, the First All-Domain AI Agent for the Renewable Energy Industry

SHANGHAI, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - Sigenergy today introduced SigenAgent, the energy industry’s first all-domain AI agent, fundamentally changing how households and businesses interact with renewable energy.Unveiled during the company’s "AI in All" event, SigenAgent elevates solar-and-storage hardware from basic, reactive equipment into autonomous, goal-driven systems.As global energy dynamics transition from power generation to complex, volatile consumption models, manual management has hit its limit. SigenAgent solves this by allowing hardware to actively interpret and execute broad user goals."True AI is not just a chatbot companion," said Tony Xu, Founder and CEO of Sigenergy. "It is a partner that understands your goals, executes tasks on your behalf, and continuously learns over time."The Vision: User Sets the Goal, AI Handles the RestSigenAgent operates on a continuous loop of perception, reasoning, and action. By synthesizing real-time factors like weather patterns, fluctuating electricity prices, and grid conditions, it automatically charts and executes the most efficient operational path.To deliver complete energy management, SigenAgent deploys four specialized, autonomous capabilities:Energy Manager: Brings "autonomous driving" to home solar-and-storage systems. Users simply set macro targets—such as lowering utility bills or securing backup power—and the system automatically configures and runs the hardware.System Doctor: Replaces manual logs with "second-level diagnosis." A single command triggers an immediate, station-wide scan that pinpoints system anomalies and reports root causes, drastically lowering maintenance overhead.Power Trader: Maximizes revenue for storage assets in highly volatile, high-frequency electricity markets by optimizing real-time trading and Virtual Power Plant (VPP) responses.Business Assistant: Links directly to enterprise data lakes to dissolve information silos across production and delivery, providing clear, data-driven operational recommendations.Built on a Foundation of Hardware and SafetySigenAgent is not an isolated software patch, but the culmination of Sigenergy's long-term hardware and software integration. CEO Tony Xu emphasized that AI in energy requires more than algorithms; it demands a reliable physical foundation.Today, over 200,000 global power stations run on Sigenergy hardware with an ultra-low 0.24% annual failure rate. Built on this bedrock, Sigenergy utilizes all-domain sensing across generation, storage, charging, and grid access—supported by 100M high-speed networks, WLAN-Mesh, and Sub-1G communications to create a seamless, closed-loop operational environment.Thanks to an AI-ready architecture, existing operational units can access these agent features via seamless over-the-air (OTA) software updates.While granting execution capabilities to AI, the system enforces strict architectural boundaries to guarantee safety and user trust:User Authorization: SigenAgent operates strictly as an assistant, requiring explicit user approval for critical parameter changes.Secure Infrastructure: Localized data storage across six global data centers ensures absolute compliance with regional privacy laws.Offline Resilience Guaranteed: Pre-programmed dynamic backup strategies ensure the system continues to run smoothly even during network outages.Transparent AI Decision: A fully transparent user interface eliminates the "AI black box," mapping out exactly why a system is charging or discharging over a 24-hour window.SigenAgent is designed to meet users where they are, integrating seamlessly into common workflows and messaging applications like WhatsApp and Telegram.Standardizing the Intelligence EraTo help define this new era of energy, Sigenergy collaborated with Frost & Sullivan to publish the 2026 AI-Powered New Energy Industry Development White Paper.The report outlines the Energy Intelligence Level (EIL) framework—a five-tier classification system modeled after autonomous driving standards—designed to guide the industry's transition from individual device intelligence to fully autonomous, system-wide optimization."What Sigenergy is delivering today is not just a product, or a tech upgrade—we are delivering a completely new energy lifestyle," said Xu. "Users can optimize every kilowatt-hour without needing to understand complex technical details. Energy systems are shifting from passive hardware into active companions."About SigenergyFounded in 2022 and headquartered in Shanghai, Sigenergy (6656.HK) is a technology-driven company focused on innovation in the new energy sector. Leveraging advanced digital intelligence and a highly skilled talent base, the company has expanded across photovoltaic (PV) generation, smart energy storage, and high-efficiency electric vehicle (EV) charging solutions.Guided by its “AI in All” strategy, Sigenergy integrates artificial intelligence across its product ecosystem to deliver safer, smarter and more efficient energy solutions for households and businesses worldwide.For more information, visit: www.sigenergy.comMedia ContactTracy Li Email: tracy.li@sigenergy.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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