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HONG KONG, Jun 5, 2026 - (ACN Newswire via SeaPRwire.com) - Alltronics Holdings Limited (“Alltronics” or the “Group”) (SEHK: 833), a leading manufacturer of electronic products, announced the official opening of its manufacturing facility in Penang, Malaysia. The new operation marks an important milestone in the Group’s strategy to diversify its manufacturing footprint beyond the Chinese Mainland while deepening its production presence in Southeast Asia.The Penang facility spans approximately 60,000 square feet and houses 12 production lines, providing a monthly production capacity of 250,000 to 300,000 units. It operates as an OEM manufacturing base for industrial electronics, environmental control and electronics power modules, serving international customers. The additional capacity broadens the Group’s manufacturing scale, reflects growing customer demand and creates a platform for further business development.The opening builds on the Group’s strategic initiatives completed in 2025, including the acquisition of manufacturing operations in Penang, Malaysia, and Ho Chi Minh City, Vietnam. The move into Malaysia represented the Group’s first production foothold outside the Chinese Mainland. Following the acquisition in August 2025, the Group has expanded and upgraded the Penang facility with advanced equipment and process improvements to strengthen efficiency and quality control. It now manufactures irrigation sensors, thermostats, security devices and lithium battery packs.Mr. Lam Yin Kee, Chairman and Executive Director of Alltronics, said, “The Penang facility plays an important role in advancing the Group’s strategy to build a more diversified manufacturing network. Together with our expansion into Vietnam, we are reinforcing our production capabilities and increasing supply chain flexibility across our operations. These initiatives strengthen the Group’s resilience and agility in supporting our customers in an increasingly dynamic global environment.”Mr. Lam Chee Tai, Eric, Chief Executive and Executive Director of Alltronics, added, “The Penang operation is ramping up steadily and is already supporting a growing pipeline of orders from existing and new customers. With expanded production lines and upgraded systems, we are ready to scale output as demand increases. The Group is evaluating the potential establishment of another facility in Malaysia with comparable capacity to support the Group’s next phase of growth.” Official representatives of Malaysia, together with Alltronics’ Board of Directors and management, officiate at the ribbon-cutting ceremony for the Group’s new Malaysia facility. With 12 production lines and a monthly capacity of 250,000 to 300,000 units, Alltronics’ Malaysia facility broadens the Group’s manufacturing scale and supports growing customer demand.About Alltronics Holdings Limited (Stock code: 833)Alltronics Holdings Limited is mainly engaged in the design and manufacture of a wide range of electronic products with quality and style. The Company is a constituent stock of the Morgan Stanley Capital International (“MSCI”) Hong Kong Micro Cap Index. For more information, please visit the company website http://www.alltronics.com.hk/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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GLASGOW / HONG KONG - Jun 5, 2026 - (ACN Newswire via SeaPRwire.com) - HighTide Therapeutics, Inc. (2511.HK), an innovative biopharmaceutical company specializing in the development of multifunctional, multi-targeted therapies for cardiovascular–kidney–metabolic (CKM) diseases, today presented new findings on the renoprotective effects of its lead candidate HTD1801 in an oral presentation at the 63rd European Renal Association (ERA) Congress in Glasgow, UK.HTD1801 is a first-in-class anti-inflammatory metabolic modulator (AIMM) targeting the AMPK-NLRP3 axis. In the completed Phase III trials (SYMPHONY-1 and 2), HTD1801 demonstrated significant improvement in renal function in patients with Type 2 Diabetes Mellitus (T2DM) and baseline eGFR of 60–90 mL/min/1.73m².  Treatment of these patients with HTD1801 resulted in a mean increase of +3.08 mL/min/1.73m² in eGFR after 52 weeks (95% CI: 0.46–5.70), without evidence of hyperfiltration or fluid retention. These findings suggest that HTD1801 may differentiate from existing therapies, with the potential to delay or prevent disease progression.This study was conducted by HighTide Therapeutics in collaboration with the research team led by Academician Jiandong Jiang at the Institute of Medicinal Biotechnology, Chinese Academy of Medical Sciences, and further explored the mechanistic basis underlying these clinical observations. In glucose- and palmitic acid-induced podocyte injury models, HTD1801 significantly preserved podocyte viability and inhibited apoptosis. HTD1801 also restored expression of the key podocyte structural proteins nephrin and podocin, while reducing the levels of the inflammatory marker phosphorylated NF-κB and the apoptosis executioner caspase-3. In a diabetic nephropathy (DN) model, HTD1801 demonstrated dose-dependent improvements in renal architecture, reduced tubular injury scores, attenuated renal inflammatory and fibrotic changes, and drove a robust decrease in 24-hour urinary microalbumin.The study systematically demonstrated that HTD1801 suppresses podocyte inflammation and apoptosis while stabilizing glomerular structure, providing the latest findings supporting its renoprotective potential. These findings provide important scientific rationale for the development of HTD1801 as a potential disease-modifying therapy for chronic kidney disease (CKD) and other renal diseases.Abstract Title: HTD1801 Attenuates Podocyte Apoptosis and Glomerular Injury: Mechanistic Insights into RenoprotectionPresentation Number: 2243Presentation Date/Time: Thursday, June 4, 2026, 8:15 a.m. BSTFormat: Oral PresentationSpeaker: Dr Filip Surmont, Chief Medical Officer of HighTide Therapeutics"This study provides the first evidence into the renoprotective effects of HTD1801 at the podocyte and glomerular levels. The convergence of clinical and preclinical data further supports the disease-modifying potential of HTD1801 and its ability to target fundamental pathophysiologic processes in CKD or other renal diseases," said Dr Filip Surmont, Chief Medical Officer of HighTide Therapeutics. "We will continue advancing the clinical development of HTD1801 across CKD and related indications to provide more treatment options for patients worldwide."About HTD1801HTD1801 is a first-in-class new molecular entity that targets the residual risks underlying cardiovascular–kidney–metabolic (CKM) diseases. It is an orally delivered, anti-inflammatory metabolic modulator (AIMM) that, as a single molecule, exerts a unique dual mechanism of action through activation of AMP Kinase and inhibition of the NLRP3 inflammasome, two complementary pathways that mitigate metabolic dysfunction. Multiple global clinical studies have demonstrated the comprehensive benefits of HTD1801, including improved insulin sensitivity, glycemic control, lipid lowering, renal protection, weight reduction, hepatic improvement, and anti-inflammatory effects. Collectively, these findings support the potential of HTD1801 to serve as a foundational therapy in CKM disease management. For more information, please visit www.hightidetx.com Contact: pr@hightidetx.com  Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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SINGAPORE, June 5, 2026 - (ACN Newswire via SeaPRwire.com) - ONERHT Foundation Ltd (“Foundation”), the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, “ONERHT”) celebrated its 11th anniversary by hosting the annual Charity Golf & Gala Dinner at Sentosa Golf Club on 28 May 2026.The event, graced by Guest of Honour Mr Masagos Zulkifli, Minister for Social and Family Development, drew over 120 golfers from Singapore’s legal and professional community for a day of sports and philanthropy, culminating in a gala dinner that reaffirmed the Foundation’s enduring commitment to make a difference in the lives of those it serves. The event also marked the 15th anniversary of RHTLaw Asia LLP.The Foundation raised more than S$280,000 through the event to benefit four local charities, namely PCF Sparkle Care, Singapore Road Safety Council, Singapore Golf Association, and Bethel Community Services.In addition to the fundraising milestone, the evening saw a leadership transition within the Foundation. Ms Kaylee Kwok stepped down as Chairman with effect from 28 May 2026, having stewarded the Foundation through 4 years of sustained growth and deepening community impact.“It has been a great privilege to serve as Chairman of ONERHT Foundation. What began as a conviction that the legal and professional community could do more has grown into something truly meaningful, with over S$6 million raised, more than 40 beneficiaries supported, and countless lives touched across Singapore and the region. I am deeply grateful to our sponsors, donors, partners and our ONERHT colleagues for their strong support and commitment. I leave with full confidence that the Foundation’s best years are still ahead,” said Ms Kaylee Kwok.Mr Nandakumar Renganathan has been appointed as the new Chairman of ONERHT Foundation, also with effect from 28 May 2026. Mr Nandakumar brings with him a deep commitment to the Foundation’s mission and vision to extend its reach across Singapore and the broader ASEAN region.“I am deeply honoured to take on this role and equally grateful to Kaylee for her leadership and contributions to the Foundation. ONERHT Foundation stands for something bigger than any one of us, a belief that those of us in the legal and professional community have a responsibility to give back, not just once, but consistently and with purpose. I look forward to working with our sponsors, donors, partners and beneficiaries as well as our ONERHT colleagues to carry that mission forward and extend our reach even further across Singapore and ASEAN,” said Mr Nandakumar.The evening also witnessed the signing of a Memorandum of Understanding (MOU) between RHTLaw Asia and the Association for Persons with Special Needs (APSN), marking a new chapter in the Foundation’s commitment to building meaningful and lasting partnerships with the communities it serves.                                 ONERHT Foundation LtdA Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd (“Foundation”) enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, “ONERHT”) to do right and do good through various charitable endeavours. Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively.The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$6 million to support more than 40 beneficiaries involved in education, environmental protection and sustainability, disadvantaged groups as well as the arts and sports.For more information, please visit www.onerht.foundationFor media enquiries, please contact:Melody OngEmail: melody@waterbrooks.com.sg+65 8901 9780General enquiries:Email: query@waterbrooks.com.sg+65 9338 8166 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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HONG KONG, Jun 4, 2026 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK) announced that it has entered into a commercialization license agreement with Beijing Mabworks Biotech Co., Ltd. (“Mabworks”), under which the Company has obtained exclusive rights for the clinical development and commercialization of Bejescin(R) (MIL62, Obinutuzumab beta Injection) across the Asia-Pacific region, including Southeast Asia, India, South Korea, Australia, New Zealand, Hong Kong SAR, Macao SAR, and Taiwan region, China. Under the terms of the agreement, Everest Medicines will pay Mabworks an upfront payment of RMB 23 million and sales milestone payments of up to RMB 186 million. Mabworks will also be eligible to receive a share of gross profit in the region.This collaboration will strengthen Everest Medicines’ presence in nephrology and autoimmune diseases across the Asia-Pacific region, creating synergies with its nephrology portfolio. Leveraging its established and proven clinical development and commercialization capabilities, the company aims to advance the development of Bejescin(R) and support its launch in the Asia-Pacific region, while furthering its long-term strategy in the global innovative medicines market.Bejescin(R) (MIL62, Obinutuzumab beta Injection) is a novel third-generation anti-CD20 monoclonal antibody. As shown in relevant sources, it was approved in China in February 2026 for the treatment of neuromyelitis optica spectrum disorder (NMOSD), becoming the first CD20 antibody approved for this indication globally and the first domestically developed therapy in China. The New Drug Application (NDA) for primary membranous nephropathy (PMN) is currently under Priority Review by the National Medical Products Administration (NMPA), with the potential to become the first approved targeted therapy for PMN worldwide. Bejescin(R) is also in Phase III trials for systemic lupus erythematosus (SLE) and follicular lymphoma (FL), with potential for further expansion into other autoimmune indications.“We are delighted to collaborate with Mabworks on Bejescin(R). As the first CD20 antibody approved globally for NMOSD, Bejescin(R) has demonstrated strong clinical potential and significant opportunities in nephrology and autoimmune diseases,” said Mr. Yifang Wu, Chairman of the Board of Everest Medicines. “This collaboration strengthens Everest’s portfolio in these therapeutic areas and complements our existing pipeline. With our expertise in clinical development and commercialization, we are confident in advancing Bejescin(R) across the Asia-Pacific region, bringing this innovative therapy to more patients and improving access. At the same time, we are committed to further strengthening Everest Medicines’ presence in the Asia-Pacific and global innovative medicines market.”“We are thrilled to announce our partnership with Everest Medicines on Bejescin(R) across the Asia-Pacific region. As the first approved CD20-targeted therapy for NMOSD worldwide and the potential global first targeted therapy for PMN, Bejescin(R) possesses exceptional product competitiveness and market potential.” said Mr. Luning Chen, President of Mabworks. “Since its launch in Mainland China, Bejescin(R) has achieved outstanding commercial performance. This collaboration will further strengthen Bejescin(R)’s commercial network and brand influence across the Asia-Pacific region, bringing ‘New Hope’ to more patients with renal and autoimmune diseases.”Bejescin(R) has shown meaningful clinical and therapeutic benefits across nephrology and multiple autoimmune disease areas, with potential for further indication expansion. Its development in NMOSD, PMN, and SLE is expected to provide more innovative treatment options for patients.NMOSD is a debilitating autoimmune disorder targeting the central nervous system characterized by high recurrence and disability rates, predominantly affecting young and middle-aged women. The disease typically presents acute or subacute onset and can progress rapidly, with approximately 90% of patients relapsing within three years. Severe cases may result in blindness or paralysis. Bejescin(R) has demonstrated a significant reduction in relapse risk as a monotherapy, with strong efficacy data underscoring both its clinical value and the convenience.PMN is one of the most common pathological types of adult nephropathy, with approximately 30%-40% of patients progressing to end-stage renal disease (ESRD) within 5 to 15 years. Globally, there are no approved targeted therapies for PMN. Phase III clinical data demonstrated that Bejescin(R) monotherapy provides significant advantages across multiple efficacy endpoints including complete clinical remission, complete immunological remission and overall clinical remission. Furthermore, Bejescin(R) showed a favorable safety and tolerability profile, together with a convenient dosing regimen. Following initial treatment, patients require only one intravenous infusion every six months, reducing treatment burden and supporting long-term treatment adherence.SLE is a chronic, systemic autoimmune disease that primarily affects young women. For this indication, Bejescin(R) is in Phase III clinical trial and offers the potential for administration every 24 to 28 weeks, addressing the need for long-acting therapies and providing an improved treatment option for patients with SLE.This collaboration is regarded as an important strategic step for Everest Medicines to deepen its footprint in the nephrology and autoimmune disease areas. With the development and commercialization of Bejescin(R) in indications such as PMN, the company’s nephrology product portfolio will be further strengthened, enhancing the synergistic effects within its existing pipeline.In addition, there is a broad consensus in the industry that the coming years may represent an important window of opportunity for the accelerated adoption of innovative Chinese medicines into the Asia Pacific region. Chinese innovation is becoming increasingly competitive in clinical value, affordability and accessibility, with growing alignment to the needs of healthcare systems and patients across the region. In recent years, Everest Medicines has continuously advanced its regional strategy in Asia-Pacific, gradually building an integrated capability system covering clinical development, market access, and commercialization. By introducing innovative products with differentiated clinical value such as Bejescin(R), the company is further expanding its regional product portfolio and market coverage, realizing the commercial value of its nephrology and autoimmune disease businesses, and injecting new growth momentum into its Asia-Pacific operations. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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Zhangjiakou, China, June 4, 2026 - (ACN Newswire via SeaPRwire.com) - In the first half of 2026, SnowValley, China's leading frozen potato product manufacturer, showcased its products and solutions at 4 of the world's premier food industry events — Gulfood in the Middle East, FOODEX Japan, FHA Food & Beverage in Singapore, and THAIFEX-Anuga Asia in Thailand. Through its presence at these flagship exhibitions, SnowValley further strengthened its reach across key consumer markets in the Middle East, East Asia, and Southeast Asia.Leveraging these world's top food industry exhibitions, SnowValley showcased its integrated industrial chain competitiveness and global service capabilities, attracting widespread attention from industry professionals, international buyers, and leading media worldwide.Recognized for multiple consecutive years among the Top 500 Chinese Brands and Top 500 Asian Brands, SnowValley continues to strengthen its international brand presence through its localized market strategies and deep engagement with overseas distribution networks across multiple countries. By securing a series of cross-border strategic partnerships, the company is further expanding its worldwide network and reinforcing its position in the global frozen potato products industry.Throughout the exhibitions, SnowValley earned strong recognition and trust from global buyers by leveraging its highly standardized manufacturing system, market-driven product customization capabilities, and efficient & reliable global supply chain. Today, SnowValley offers a portfolio of more than 160 SKUs, with products exported to over 40 countries and regions worldwide.With years of dedication to the potato products industry, SnowValley has achieved an all-round internationalization upgrade spanning product exports, brand development, and industry-standard promotion, driven by quality and innovation as the core and supported by global operations.Looking ahead, SnowValley will continue to enhance its product R&D capabilities and expand its international presence. By delivering high-quality deep-processed potato products, SnowValley  aims to empower the development of the global foodservice industry, promote the standardization and upgrading of the sector through leading quality, and continuously explore and create sustainable value within the global food supply chain.Company: SnowValley Food Hebei Co.,Ltd.Contact Person: Joyce YangEmail: sales@snowvalleyfood.comWebsite: https://snowvalleyfood.com/en/Telephone: +86 131 6429 9552City: Zhangjiakou, Hebei Province Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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SINGAPORE, June 4, 2026 - (ACN Newswire via SeaPRwire.com) - Managing money in a high-cost city like Singapore can feel complex, especially when multiple financial commitments run in parallel. From education expenses and medical bills to consolidating existing dues, Personal Loans in Singapore are often explored as a flexible financing option. When approached thoughtfully, they can help create breathing room in monthly cash flow and bring more structure to scattered payments. The key lies in understanding how these loans work in the local context and using them in ways that align with income patterns, interest rates, and realistic repayment timelines.Understanding how Personal Loans work in SingaporePersonal Loans in Singapore are unsecured loans, meaning they do not require collateral such as property or fixed deposits. Loan amounts can vary widely depending on income eligibility and lender criteria, subject to applicable regulatory requirements. Interest rates are often quoted as flat rates or effective interest rates (EIR), with EIRs commonly ranging between 2.65% and 3.75% per annum for salaried individuals. Understanding the difference between flat rates and EIRs, as well as how rates vary across lenders, can help borrowers estimate the actual cost of borrowing more accurately. Repayment tenures usually span from one to five years, offering flexibility to match monthly obligations with income cycles.Situations where Personal Loans may help improve cash flowPersonal Loans may be useful in specific scenarios where timing and predictability matter more than long-term borrowing. For instance, consolidating multiple high-interest payments into one structured loan can simplify finances and make monthly outflows easier to track. A consolidated single personal loan instalment per month may feel more manageable than juggling three or four smaller payments with varying due dates. Similarly, planned expenses such as professional certifications or home repairs may benefit from fixed monthly repayments rather than ad-hoc withdrawals from savings. This approach can help maintain liquidity while spreading costs over time.Using Personal Loans for Debt ConsolidationDebt consolidation is one of the more common reasons borrowers explore personal loans in Singapore, especially when dealing with credit card balances. For illustration purpose, credit cards may carry interest rates exceeding 25% per annum, which may strain monthly budgets if balances revolve. A Personal Loan with a materially lower EIR may help reduce the interest burden while providing a clear repayment end date. Over a three-year tenure, consolidating SGD 20,000 in outstanding balances may translate into more predictable instalments and less uncertainty around interest accumulation, depending on the applicable terms. This structured approach may help improve financial clarity without relying on short-term credit cycles.Practical tips to use Personal Loans thoughtfullyAlign the loan amount with a clear purposeBorrowing with a defined goal can help keep loan usage focused and intentional. Whether the aim is consolidating debt or funding a necessary expense, having a specific number in mind can prevent over-borrowing. In Singapore, lenders may offer higher limits based on income, but choosing only what is required can help keep monthly instalments comfortable. This approach may also reduce total interest paid over the loan tenure.Compare EIR, not just headline offersAdvertised rates can sometimes appear attractive, but the EIR provides a clearer picture of the total cost. Processing fees, early repayment charges, and administrative costs can influence the final amount paid. For example, a loan with a 3% flat rate can translate to an EIR closer to 5.5% once fees are factored in. Comparing EIRs across lenders can help identify options that fit better within monthly budgets.Choose a tenure that balances flexibility and affordabilityLonger tenures reduce monthly instalment amounts, but they also increase total interest paid. Shorter tenures may feel heavier on cash flow but can close the loan faster. Borrowers earning between SGD 4,000 and SGD 6,000 per month often opt for a two- to three-year tenure, as it balances instalment size with interest impact. Selecting a tenure that aligns with income stability can help maintain consistency in repayments.Understanding income-based borrowing limitsIn Singapore, borrowing limits for personal loans are typically tied to annual income levels and overall credit assessment. Individuals earning less than SGD 20,000 annually are generally subject to more restrictive unsecured credit caps, while those earning above SGD 30,000 may be eligible for higher unsecured credit limits, subject to the banks' internal credit assessments and applicable regulatory requirements. These guidelines are designed to encourage responsible borrowing without overextending financial capacity. Staying within these limits can help ensure that loan repayments remain proportionate to income, leaving room for savings and everyday expenses. This balance can support longer-term financial resilience rather than short-term relief.Building a healthier money outlook with structured repaymentsOne often overlooked benefit of personal loans is the predictability they bring to monthly planning. Fixed instalments can make it easier to map expenses, set aside savings, and track progress over time. Seeing a loan balance reduce each month steadily may also encourage better financial habits. In Singapore's fast-paced environment, this structure may help individuals stay focused on broader money goals while managing immediate needs. Over time, this clarity may contribute to improved confidence in handling finances.Making Personal Loans work for your financial contextUsing personal loans thoughtfully in Singapore can be a practical way to bring order to complex financial situations. When loan amounts, interest rates, and tenures are aligned with income and clear objectives, they can help improve cash flow and reduce financial stress. Rather than acting as a quick fix, personal loans can serve as a structured tool that supports better financial management. With careful comparison and realistic planning, they may fit into a broader strategy aimed at stability and long-term financial well-being.Disclaimer: This content is published by iQuanti Singapore Pte Ltd, an external marketer engaged and compensated by UOB LtdContact 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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HONG KONG, Jun 4, 2026 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK) announced that it has entered into an exclusive licensing and collaboration agreement with Travere Therapeutics, Inc. (NASDAQ: TVTX) for the development and commercialization of civorebrutinib (also known as EVER001), a potential best-in-class oral, covalent reversible Bruton’s tyrosine kinase (BTK) inhibitor in all markets outside China and certain countries in East and Southeast Asia.Under the terms of the agreement, Everest will receive an upfront payment of $112.5 million. Everest is also eligible to receive up to approximately $1.03 billion in additional cash payments tied to specified clinical development, regulatory and commercial milestones across up to five indications. Travere will also pay tiered royalties on future sales in its licensed territories, ranging from high single-digit to double-digit percentages based on annual net sales thresholds. The license agreement will become effective upon satisfaction of customary conditions, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.Travere Therapeutics, is a Nasdaq-listed US biopharmaceutical company (NASDAQ: TVTX) with a focus on the field of rare glomerular diseases, particularly targeting IgA nephropathy and focal segmental glomerulosclerosis (FSGS). The company is also developing therapeutic programs for rare genetic metabolic diseases, such as homocystinuria (HCU). Its core product, FILSPARI®(sparsentan) is the first and only medicine approved by the FDA for the treatment of FSGS, further strengthening the company’s leading position in the renal therapy sector.Civorebrutinib has the potential to serve as a pipeline-in-a-product across multiple immune-mediated kidney diseases. As an investigational oral, covalent reversible BTK inhibitor, civorebrutinib is designed to provide differentiated efficacy, safety and convenience for patients with rare, immune-mediated kidney disease. Driven by strong clinical development capabilities, Everest Medicines has recently achieved several key milestones in global multi-center trials, in-house R&D pipeline validation, and international licensing partnerships. Civorebrutinib has demonstrated proof of concept in a Phase 1/2 clinical trial of patients with PMN. The previously reported Phase 1/2 data demonstrated rapid and sustained reductions in anti-PLA2R autoantibodies and proteinuria, with high rates of immunologic and clinical remission and stable kidney function through 52 weeks of follow-up. EVER001 possesses therapeutic development potential in multiple immune-mediated glomerular diseases, including PMN, IgA nephropathy, MCD, FSGS, and lupus nephritis. These diseases share immune-mediated mechanisms that can lead to glomerular damage, resulting in proteinuria and impaired kidney function that may ultimately require dialysis or transplant. EVER001 is expected to offer a new treatment option for more than 10 million affected patients globally. Travere plans to investigate civorebrutinib in PMN, immune-mediated FSGS and MCD, with the potential for additional indications. “This collaboration with Travere brings together deep expertise in kidney disease development and commercialization and we look forward to advancing civorebrutinib in primary membranous nephropathy, immune-mediated FSGS, and minimal change disease, delivering transformative therapies for patients with serious kidney diseases worldwide,” said Mr. Yifang Wu, Chairman of the Board of Everest Medicines. “As a differentiated, potential best-in-class therapy, civorebrutinib has demonstrated encouraging efficacy in primary membranous nephropathy. With its highly selective and reversible covalent mechanism of action, it is well positioned to advance in development across multiple immune-mediated kidney indications. Everest remains committed to our dual-engine strategy of business development partnerships and in-house R&D. This collaboration will accelerate the global development and potential commercialization of civorebrutinib, expanding its clinical and future commercial value in autoimmune kidney diseases and the ability to deliver more innovative treatment options to patients.”“Civorebrutinib represents a strategic and complementary addition to our rare kidney disease portfolio, with the potential to become a best-in-class therapy across multiple immune-mediated rare kidney diseases,” said Eric Dube, Ph.D., president and chief executive officer of Travere Therapeutics. “Patients living with rare kidney diseases still face significant unmet need, and we believe the progress made to date in IgAN and FSGS is only the beginning of what is possible for these communities. Travere has helped to deliver important firsts in these diseases, and we believe our expertise, infrastructure and deep commitment to the rare kidney community position us well to continue advancing innovation for patients. With proof-of-concept data in primary membranous nephropathy, a differentiated profile as an oral, reversible BTK inhibitor, and expected broad mechanistic applicability across diseases such as immune-mediated FSGS, minimal change disease and beyond, we believe civorebrutinib has the potential to meaningfully advance the treatment paradigm for rare kidney disease patients.”This cooperation between Everest Medicines and Travere Therapeutics further propels the globalization of EVER001, reflecting the continued unlocking of the value of Everest Medicines innovative drugs. Currently, Everest Medicines has established a comprehensive renal product matrix inclding Nefecon®, MT1013, and EVER001, spanning indications such as IgA nephropathy, secondary hyperparathyroidism (SHPT), and a wide range of immune-mediated kidney diseases. By continuously deepening its strategic layout in nephrology, Everest Medicines is accelerating its global footprint to provide accessible and reliable treatment solutions for more patients through innovative therapies.  Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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HONG KONG, Jun 3, 2026 - (ACN Newswire via SeaPRwire.com) - The Hong Kong University of Science and Technology (HKUST) and Suzhou Calmcar Electronics Technology Co., Limited (CalmCar) yesterday officially signed a strategic agreement to jointly establish the Physical AI Innovation Center. The Center is dedicated to advancing full-stack physical AI technologies, addressing fundamental bottlenecks in current AI, including an insufficient understanding of the laws of the physical world, limited reasoning capabilities, and a lack of reliable support for action and decision-making.The Center will build a new-generation physical AI technology foundation capable of understanding, predicting, reasoning, and decision-making, supporting strategic industries such as autonomous driving, robotics, and smart manufacturing, while helping position Hong Kong as a key strategic hub for national physical AI innovation.Multidimensional Research Directions: Full-Stack Layout from Chips to ApplicationsThe Center will pursue research covering chips and systems, foundational models and data, privacy protection and safety governance, as well as core application scenarios. By exploring and leveraging world models to build high-fidelity strategy validation and interactive reasoning capabilities, the Center aims to train AI in virtual environments before transferring capabilities to the real world-significantly improving AI‘s generalizability, interpretability, and reliability in complex and open environments, and building a long-term technical foundation for a wide range of intelligent applications.The Center’s ambition is to become a global strategic hub for physical AI innovation, leading the development of industry benchmarks and open-source platforms, and cultivating internationally competitive talent in physical AI.Based in Hong Kong, Serving the National “AI+” StrategyThe Center will actively serve the national “AI+” strategy, positioning itself with Hong Kong as its base, the Greater Bay Area as its hinterland, and the world as its stage. It strives to become a strategic highland for physical AI research in the Asia-Pacific region and an international hub for collaboration. The Center will establish end-to-end capabilities from fundamental research to industrial deployment, providing unified technical standards and common tools for the industry. Leveraging Hong Kong’s global connectivity and the Greater Bay Area’s comprehensive industrial supply chain, the Center will accelerate technology transfer and build a world-leading research and innovation center for physical intelligence.World-Class Academic LeadershipThe Center is led by Prof. GUO Song – Fellow of the Canadian Academy of Engineering, Foreign Member of the European Academy of Sciences (EU), IEEE Fellow, and Chair Professor in the Department of Computer Science and Engineering at HKUST – who serves as its director. Prof. Guo has long been engaged in distributed computing, edge AI, and multi-modal foundation models, dedicated to solving the challenges of generalization and reliability of AI in real-world physical environments.He is a recipient of the IEEE Edward J. McCluskey Technical Achievement Award, one of the highest honors in computer engineering, and is widely recognized as an international leader in the field. He also leads the Pervasive Intelligence Laboratory (PeiLAB), which has been based in Hong Kong for a decade and has produced substantial original achievements in physical world modeling, embodied reinforcement learning, and edge intelligent systems, providing a solid theoretical foundation for the Center’s research endeavors. Prof. Guo Song remarked: “Our pioneering ‘Physical Alignment’ technology upgrades generative video models into interactive world models, marking a shift in AI from ‘seeing the world’ to ‘acting on the world.’ By enabling infinite trial and error in virtual spaces, we provide a new paradigm for behavior prediction and safety planning in next-generation autonomous driving.” Prof. Zheng Weimin stated that physical AI will be a major strategic direction following general-purpose foundation models. He then presided over the handshake and group photo ceremony between the Strategic Advisory Committee and the Innovation Center, marking the field’s official entry into a new phase of industry-academia-research integration. He expressed hope that the Center will continue to make significant contribution to the national AI strategy.The Center has invited Prof. ZHENG Weimin—Senior Member of the Chinese Academy of Engineering, 10th President of the China Computer Federation (CCF), and Professor at Tsinghua University—to chair its Strategic Committee. Prof. GUO Yike—Foreign Member of the Chinese Academy of Engineering, Fellow of the Royal Academy of Engineering (UK) and the European Academy of Sciences (EU), and Provost of HKUST—serves as the University Advisor to the Center, providing strong support.Other Strategic Committee advisors include Prof. Xuemin (Sherman) SHEN—Foreign Member of the Chinese Academy of Engineering, Fellow of the Royal Society of Canada, Fellow of the Canadian Academy of Engineering, and Professor at the University of Waterloo; Dr. Bai-ning GUO—Fellow of the Royal Society of Canada, Microsoft Technical Fellow, Managing Deputy Director of Microsoft Research Asia, IEEE Fellow, and ACM Fellow; and Prof. David Atienza ALONSO — Fellow of the European Academy of Sciences, IEEE Fellow, ACM Fellow, Professor of Electrical and Computer Engineering at EPFL, and Associate Vice President for Centers and Platforms at EPFL.From Perception to Understanding: Driving the Evolution of Intelligent SystemsUnlike traditional AI that relies on massive data fitting, physical AI emphasizes a model’s ability to understand dynamic real-world laws and causal structures. Physical AI is driving intelligent systems beyond perception and recognition toward dynamic prediction, interactive reasoning, and autonomous decision-making grounded in physical consistency. As a key enabling technology, world models simulate and anticipate environmental dynamics, providing a foundation for policy learning and validation in complex scenarios while enhancing generalization and reliability in distributed settings.Leveraging the Physical AI Innovation Center, CalmCar—as a co-founder of the Center— will take the lead in applying these technologies to autonomous driving, enabling vehicles not only to perceive their surroundings but also to understand physical causality and anticipate the evolution of traffic scenarios, thereby advancing from perception to cognition.Looking ahead, the Center is committed to building partnerships with a broader range of industry partners, validating and refining physical AI technologies across diverse application scenarios, driving innovation in world model methodologies, and fostering the sustainable integration of physical AI technologies with the industrial ecosystem.Unveiling Ceremony: Witnessed by Leaders from Government, Academia, and IndustryThe unveiling ceremony brought together government leaders, leading academics, industry executives, and investment professionals. Representatives from HKUST and CalmCar’s founding team jointly unveiled the Center. Distinguished guests, including Mr. Duncan CHIU, Legislative Council Member (Technology & Innovation) of Hong Kong, and Mr. CHEN Xu, Executive Deputy Director of the Guangzhou Greater Bay Area Office, witnessed the launch of the initiative.As a core strategic partner in establishing the Center, Lion X Ventures has been deeply involved in its preparation and ecosystem building throughout the process. Leveraging its industry resources, cross-border reach, and capital expertise, Lion X Ventures provides comprehensive support for the Center’s operations and development, laying a solid foundation for its long-term growth.The high-caliber presence of leaders from government, academia, industry, and investment community, combined with the strategic support of top investment institutions, fully demonstrates the Center’s industry standing, resource depth, and strategic value. It also marks the official launch of a collaborative innovation ecosystem in the Greater Bay Area led by HKUST’s physical AI technologies. The HKUST-CalmCar Physical AI Innovation Center inauguration ceremony(From left to right: Ms. Diana WU, CEO of HSBC Hong Kong; Mr. Duncan CHIU, Legislative Council Member (Technology & Innovation) of Hong Kong; Mr. Terry TSANG, HKUST Court Member and Chairman of the Convocation, CEO of Madhead; Prof. ZHOU Xiaofang, Head of the Department of Computer Science and Engineering at HKUST; Prof. ZHENG Weimin, Academician of the Chinese Academy of Engineering, former Chairman of the China Computer Federation, Professor at Tsinghua University; Mr. WANG Xi, Chairman and CEO of CalmCar; Prof. Guo Yike, Provost of HKUST; Prof. Tim CHENG, Vice-President for Research and Development of HKUST; Prof. Guo Song, Chair Professor of the Department of Computer Science and Engineering at HKUST and Director of the Physical AI Innovation Center; Mr. CHEN Xu, Executive Deputy Director of the Guangzhou Greater Bay Area Office; Mr. Daniel KWAN, Global Head of Mid-Capital and Equity Investment at OCBC; Ms. GUO Yanni, CEO of Lion X Ventures) Prof. Tim Cheng stated: “Physical intelligence will be a core force reshaping human society over the next decade. We have chosen this moment to fully commit to this direction—not merely to build a strong research organization, but to define a new research field from our own perspective. I believe that, years from now, when we look back on today, this will be remembered as an important moment in HKUST’s history.”The gathering of leaders from academia, industry, and investment underscores the significance and impact of this collaboration. The establishment of the Center is not only a milestone in university-industry collaboration but also a model for technology exchange and innovation between Shanghai and Hong Kong. The launch ceremony of the Industry-Research Alliance The launch ceremony of the Capital AllianceThe ceremony also marked the launch of the Industry-Research Alliance and the Capital Alliance, jointly initiated by HKUST, CalmCar, and other leading institutions. The inaugural industry partners include Tsinghua University, Microsoft Research Asia, 51WORLD (6651.HK), MetaX Integrated Circuits (688802.SH), Arm China, and Huixi Technology. Participating investment institutions include HSBC (0005.HK), Lion X Ventures, Dragonstone Capital, GPTX Investment, Delian Capital, G70 MFO, WeMove Capital, and Great Filter Venture.This marks the official launch of a collaborative innovation ecosystem spanning industry, academia, research, and application in the field of physical AI.The Industry-Research Alliance will focus on technology breakthroughs and scenario deployment, while the Capital Alliance will provide funding and commercialization pathways for leading technologies. In terms of talent development, both sides will build an industrial training system aligned with international standards, with CalmCar providing real-world engineering scenarios and hands-on opportunities, thereby nurturing a talent pipeline that spans basic research, technology development, and application deployment.The establishment of the Physical AI Innovation Center will further promote technology exchange and resource integration between Hong Kong and the Chinese Mainland in the most advanced frontier of physical AI. It aims to attract partners across the entire industrial chain and create an open, win-win ecosystem for the physical AI industry.About The Hong Kong University of Science and TechnologyThe Hong Kong University of Science and Technology (HKUST) (https://www.hkust.edu.hk/) is a world-class university known for its innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 6th in the QS Asia University Rankings 2026, 3rd in the Times Higher Education’s Young University Rankings 2024, and 19th globally and 1st in Hong Kong in the Times Higher Education’s Impact Rankings 2025. Eleven HKUST subjects were ranked among the world’s top 50 in the QS World University Rankings by Subject 2026. In addition, in the Times Higher Education World University Rankings by Subject 2026, HKUST’s Computer Science discipline which encompasses areas such as artificial intelligence and machine learning, has been ranked No. 1 in Hong Kong for ten consecutive years. Our graduates are highly competitive, consistently ranking among the world’s top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated “internationally excellent” or “world leading” in the Research Assessment Exercise 2020 of the Hong Kong’s University Grants Committee. As of May 2026, HKUST members have founded over 1,900 active start-ups, including 11 Unicorns and 22 exits (IPO or M&A).About CalmCarSuzhou Calmcar Electronics Technology Co., Limited (CalmCar) was founded in 2016 and is a leading software-focused provider of L2-L2+ and L4 driving solutions in China. By 2024 installation volume, it ranks as the country’s second largest software-focused provider that offers both driving and parking solutions, and the first Chinese provider to deliver mass-production L2-L2+ solutions overseas. The company focuses on key autonomous driving technologies, offering driving, parking, and intelligent cockpit solutions with integrated driver monitoring systems (DMS), as well as L4 applications including robobuses, robotrucks, robotaxis, and robosweepers. CalmCar has partnered with over 30 vehicle manufacturers, including nine of China’s top ten automakers by sales in 2024. Its strategic investors include ZF, SAIC North America, SAIC Hengxu, BAIC Capital, China Unicom, Horizon Robotics, China TransInfo, SenseTime, Lion X Ventures, OCBC, and other leading industry players, providing solid support for innovation and global expansion.About Lion X VenturesLion X Ventures is a professional venture capital institution rooted in industry and focused on cross-border investment. It targets Southeast Asia’s digital economy and high-end manufacturing sectors. Riding on the trend of Chinese enterprises expanding into Southeast Asia, we deliver capital support, industrial resources and global landing solutions for high-potential startups and growth-stage companies.Founded in 2019, Lion Partners is the parent entity of Lion X Ventures. As a value investor dedicated to growth-oriented innovative enterprises, it is also a pioneer in joint investment across the digital economy and industrial ecosystem. We maintain a long-term focus on next-generation information technology, industrial digitalization, consumer tech and advanced manufacturing, while actively expanding our footprint in green technology and carbon neutrality.Backed by resources from leading financial groups in Southeast Asia, we adopt a co-management fund model partnered with industry leaders. With profound industrial insights, we empower portfolio companies and build a two-way interactive industrial ecosystem connecting China and Southeast Asia, ultimately achieving win-win outcomes for capital, industries and regional development. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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OTTAWA, ON, June 3, 2026 - (ACN Newswire via SeaPRwire.com) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce that it has executed a non-repayable Contribution Agreement (the "Agreement") with Natural Resources Canada ("NRCan") under the Government of Canada's newly established First and Last Mile Fund ("FLMF"), formerly the Critical Minerals Infrastructure Fund, securing up to $1,378,700 in non-dilutive federal funding (the "Funding") to advance critical transportation and energy infrastructure planning under the Project Titled Lac Knife Graphite Mine Access Road and Hydro Connection (the "Project") for the Company's flagship Lac Knife Graphite Project ("Lac Knife") in northeastern Quebec.The Funding will support engineering, environmental, permitting, community engagement and feasibility activities required to advance the planned all-season access road and Hydro-Quebec grid connection toward a construction-ready, shovel-ready stage. Once completed, these pre-development activities are expected to materially de-risk future infrastructure development and significantly advance Lac Knife's pathway toward future construction, development financing, strategic partnerships and operation.The Funding forms part of the Government of Canada's recently announced C$3.6 billion Critical Minerals Investment Package, unveiled at the 2026 Prospectors & Developers Association of Canada (PDAC) Convention by the Honourable Tim Hodgson, Minister of Energy and Natural Resources. A cornerstone of the package is the C$1.5 billion FLMF, established to advance enabling infrastructure that moves strategic critical mineral projects toward construction readiness while strengthening domestic supply chains and supporting Canada's economic, defence and national security objectives."We are honoured to receive this support from the Government of Canada, which recognizes the strategic importance of the Lac Knife project to the North American critical minerals supply chain," said Dean Hanisch, Chief Executive Officer of Focus Graphite. "As we advance toward permitting and development, this funding is a strong endorsement of Focus Graphite's role in helping build a secure domestic supply of high-grade graphite. We are also fortunate to have existing road and power infrastructure, providing a significant advantage as we move closer to production."Lac Knife hosts one of North America's highest-grade natural graphite deposits and represents a strategically important source of natural graphite for North American and allied supply chains. Natural graphite is a foundational material for lithium-ion batteries, advanced manufacturing, energy storage systems, and a growing range of defence and dual-use technologies, making secure domestic supply increasingly important to Canada and its allies."The objective is simple: advance Lac Knife, reduce risk and preserve shareholder capital," said Jason Latkowcer, Vice President of Corporate Development of Focus Graphite. "Around the world, governments and industry are moving quickly to secure critical mineral supply chains. We've heard that message directly from allies and strategic stakeholders. There isn't time to waste. This funding helps move Lac Knife from planning toward execution. Early technical work has already identified opportunities to improve access, and we expect further optimization as engineering and infrastructure planning advances. This is another tangible step toward building a strategic graphite asset for Canada and its allies."A key component of the program includes collaboration with Indigenous communities, including the Innu Takuaikan Uashat mak Mani-Utenam ("ITUM"). The Project includes the establishment of joint technical and steering committees, Indigenous workforce participation initiatives, skills development programs, community consultation activities and support for Indigenous participation in the future development and operation of the planned infrastructure. These activities align with the objectives of the First and Last Mile Fund to advance Indigenous leadership, engagement and participation throughout the development of strategic critical mineral infrastructure."The development of Lac Knife is a perfect example of Canada's new mining era: a strategic project, developed to benefit local economies, sustainably, and in partnership with Indigenous Peoples, along with advancing Canada's role as a reliable global supplier of critical minerals," said the Honourable Tim Hodgson, Minister of Energy and Natural Resources. "By investing in the infrastructure and early work needed to advance this high-grade graphite project, we are reducing risk, accelerating development, and helping to build a secure, end-to-end supply chain-from mine to market. This is how we strengthen economic and supply chain security for decades to come."The infrastructure initiative is expected to deliver multiple long-term benefits to Canada and Quebec. The proposed access road will establish reliable year-round access to the Lac Knife site, while the future transmission connection will support the electrification of mining operations through Quebec's hydroelectric grid, reducing reliance on diesel-powered infrastructure and strengthening the sustainability, resilience and security of Canada's critical minerals supply chain. The planned infrastructure is expected to support future production, improve regional access and contribute to long-term economic development opportunities across Quebec's North Shore region.Federal Funding DetailsUnder the executed Agreement, NRCan will provide up to C$1,378,700 in non-repayable funding, representing approximately 50% of total eligible Project costs. Focus Graphite will contribute an equivalent amount toward the Project. The Agreement represents another important step in advancing Lac Knife and reinforces Canada's commitment to developing secure domestic critical mineral supply chains from extraction through processing and delivery into North American and allied markets.Funding will support the full work program outlined in the Agreement, including feasibility and engineering studies, environmental baseline work, geotechnical and LiDAR surveys, stakeholder engagement, regulatory and permitting activities and detailed infrastructure design. These activities are expected to culminate in finalized engineering plans, environmental assessments, community approvals and permit applications required to support future construction decisions.The Project is scheduled to continue through March 2028.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures an eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comLinkedIn: https://www.linkedin.com/company/focus-graphite/ X: https://x.com/focusgraphiteInvestors Contact: Dean Hanisch CEO, Focus Graphite Inc. dhanisch@focusgraphite.com +1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things: the anticipated receipt and use of funding under the Contribution Agreement with Natural Resources Canada; the completion of the activities contemplated under the Lac Knife Graphite Mine Access Road and Hydro Connection Project; the advancement of the Lac Knife Graphite Project toward construction-ready and shovel-ready status; the completion of engineering, environmental, permitting, stakeholder engagement and feasibility activities; the anticipated benefits of the planned access road and Hydro-Québec grid connection; the Company's ability to secure required approvals, permits and community support; the timing and completion of the Project work program; the potential for future development financing, government funding, strategic partnerships and offtake arrangements; the future development, construction and operation of the Lac Knife Project; the role of Lac Knife in supporting domestic and allied critical mineral supply chains; and the Company's ability to pursue additional non-dilutive funding opportunities and execute its long-term development strategy.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299885 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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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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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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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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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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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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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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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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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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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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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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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