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HONG KONG, May 11, 2026 - (ACN Newswire via SeaPRwire.com) - The fifth International Healthcare Week (IHW), organised by the Hong Kong Trade Development Council (HKTDC), opens today, featuring two flagship events. The sixth Asia Summit on Global Health (ASGH) is being held today and tomorrow (11 and 12 May) at the Hong Kong Convention and Exhibition Centre (HKCEC) under the theme “Fuelling Healthcare Breakthroughs”. The summit convenes over 90 influential international healthcare officials, research and medical experts, start-ups, investors, and business leaders from related industries to explore global healthcare trends, with a focus on frontier technologies, AI breakthroughs, pandemic preparedness, silver health, as well as innovation in Chinese medicine, in alignment with the National 15th Five-Year Plan. Another flagship event, the 17th Hong Kong International Medical and Healthcare Fair (Medical Fair), also opens today (11 to 13 May) under the theme “Innovations Boosting Smart Health Experience”, featuring some 300 exhibitors from 10 countries and regions. The Fair spotlights MedTech, GeronTech and Preventive Healthcare, showcasing the latest medical innovations integrating artificial intelligence and robotics, fostering global exchange in healthcare innovation and reinforcing Hong Kong’s strengths as a research and commercial hub.Prof Frederick Ma, Chairman of the HKTDC, said in his welcome remarks: “There is nowhere better than Hong Kong, as a major international hub for financing and innovation, to explore areas of global collaboration in the health arena, and to showcase related business opportunities for investors and project owners. As a superconnector and super value-adder, Hong Kong has a long track record of helping companies and innovations break through. The theme we have adopted this year, ‘Fuelling Healthcare Breakthroughs’, highlights this vital role. The ASGH was created to nurture partnerships and knowledge exchange that can drive real change and create a better world. This year’s agenda also complements the healthcare priorities set out in China’s new 15th Five-Year Plan, supporting national development. Among the diverse topics at ASGH 2026 are sessions examining AI-enabled diagnosis and treatment, biomedical innovation, the growth of the silver health economy, traditional Chinese medicine and much more.”John Lee, Chief Executive of the HKSAR, said in his opening remarks: “Hong Kong, under the ‘one country, two systems’ principle, is investing in healthcare and, in doing so, investing in the future of our people and our economy. Our status as a leading hub for scientific innovation is unrivalled in Asia. And our strengths are magnified by our core position in the Guangdong-Hong Kong-Macao Greater Bay Area. That is the cluster city development integrating 11 dynamic cities in southern China. It boasts a collective economy that rivals that of the world's 10th-largest nation. In pursuit of medical innovation, Hong Kong complements the strategies set out in the National 15th Five-Year Plan. The Plan optimises an evaluation and approval mechanism for innovative drugs and supports their clinical application. The goal is to develop Hong Kong into a health and medical innovation hub. Central to this ambition is the rapid expansion of our clinical trial capabilities, the vital engine that drives biomedical R&D from the laboratory to the bedside.”Prof Zeng Yixin, Vice Minister of the National Health Commission of the People’s Republic of China, delivered special remarks: “Hong Kong has extensive experience in undergraduate medical education and post-graduate training, and enjoys a strong reputation in the Asia-Pacific region. Medical talent training system on the mainland is also undergoing deep reforms and striving to move towards high-quality development. Hong Kong has many experiences and practices that are worthy of in-depth exchange and reference, which will certainly promote mutual enhancement and progress.”Global leaders convene to explore collaboration opportunitiesThis morning’s Plenary Session I: Strengthening Pandemic Preparedness through Global Collaboration, featured keynote speech by Prof Lo Chung-mau, Secretary for Health of the HKSAR government, who said: “Hong Kong has long been recognised for the quality and efficiency of our healthcare system. We consistently rank at the top of global health indices, with a life expectancy that remains among the highest in the world, with women over 88 years and men about 83 years in 2024. Our public healthcare system serves as a robust safety net, ensuring universal health coverage for all at a very low cost. The National 15th Five-Year Plan calls for a health-first development strategy. Hong Kong is fully aligned and will continue to contribute to this national vision through our work in pandemic preparedness and medical innovation.”Prof Leo Poon, Daniel C K Yu Professor in Virology at the School of Public Health of the University of Hong Kong and Co-Director of the Hong Kong Jockey Club Global Health Institute, moderated the session. Distinguished speakers included Prof Ibrahim Abubakar, Vice-Provost (Health) and Professor of Infectious Disease Epidemiology at University College London; Feng Lan, Vice President, China Pharmaceutical Innovation and Research Development Association; Dr Leung Yiu-hong, Head of Emergency Response and Programme Management Branch, Department of Health of the HKSAR government; Dr Kumanan Rasanathan, Executive Director of the WHO Alliance for Health Policy and Systems Research; Prof Wang Yu, Chairman of the Chinese Foundation for Hepatitis Prevention and Control, also Former Director-General, Chinese Centre for Disease Control and Prevention; and Dr In-Kyu Yoon, Deputy Director General for Integrated Development and Pandemic Preparedness at the International Vaccine Institute. They discussed key strategies to strengthen the resilience of the global health system in response to future pandemics. Dr Kumanan Rasanathan said: “Public health agencies need to maintain scientific independence to synthesize, act upon, and provide advice based on the best available science. They also require operational flexibility because, during a pandemic or outbreak, it is not sufficient to rely solely on strategies used for previous outbreaks.”Plenary Session II: Fuelling Healthcare Breakthroughs was moderated by Victor Chu, Chairman and CEO of First Eastern Investment Group. Speakers included Clara Chan, CEO of Hong Kong Investment Corporation Limited; David Lau, Vice Chair of Investment Banking for Asia Pacific and Head of Healthcare Investment Banking for Asia Pacific at JP Morgan Securities; Dr Inna Menkova, Chief Executive Officer, Allogenica; Jonathan Symonds, Chairman of the Board of GSK; and Theresa Tse, Chairwoman of the Board, Sino Biopharmaceutical Limited; They examined investment trends and market transformation in biopharmaceuticals and explored how cross-sector collaboration can drive healthcare breakthroughs.One of the highlights this afternoon, the Dialogue with Global Pioneer in Health session, featured 2013 Nobel Prize laureate in Chemistry, Prof Michael Levitt, Robert W and Vivian K Cahill Professor in Cancer Research at Stanford University. He shared insights into his research and the future of technology-driven healthcare innovation, exploring how biological intelligence is shaping the future of healthcare. He said: “One of the secrets of successful evolution is to be as diverse as possible. This diversity then leads to intelligence.”Thematic sessions spotlight cutting-edge healthcare innovation and AI applicationsAs the global healthcare industry accelerates towards technology-driven transformation and industrial upgrading, multiple thematic sessions at the summit focus on the application of innovative technologies across the sector. Topics include AI-enabled healthcare, medical robotics and devices, cell and gene therapies, biomedical, and the silver economy, showcasing the latest market trends and aligning with the National 15th Five-Year Plan to advance the development of a “Healthy China” and foster AI and healthcare innovation. The first day featured a dedicated session, The Next Frontier in China's Healthcare Industry, moderated by Nisa Leung, Managing Partner of Aulis Capital, with speakers including Mark Gavin Lotter, Founder and CEO of Nuance Pharma; Wu Hao, Executive Director and Co-President of Tigermed; and Seth Zhang, Founder and CEO of MediTrust Health. They discussed strategies to drive the development of the Chinese Mainland healthcare sector. Wu Hao said: “By giving China-led industry data and applications greater exposure and participation on the global stage, Chinese enterprises can take a seat at the table and become true leaders.”Several thematic sessions spotlight the large-scale application of AI in healthcare. These include this afternoon’s sessions: Intelligence at Scale: How AI is Powering Real-World Healthcare Revolution, moderated by Dr Kenneth Tsang, Regional Chief Executive Officer of IHH Healthcare North Asia and CEO of Gleneagles Hospital Hong Kong, featured speakers including Prof Joshua Ho, Assistant Dean (Innovation and Technology Transfer) in the Li Ka Shing Faculty of Medicine at the University of Hong Kong; and Reshaping Tomorrow’s Healthcare: Advances in Medical Robotics and Devices, further explored the transformative role of AI in medical robotics and next-generation medical devices, showcasing cutting-edge innovations and breakthrough developments. Tomorrow afternoon’s session, Transforming Healthcare through Digital Health & AI Innovations, with speakers from Healthtech Finland, Heidi Health, Pfizer, The Hong Kong Polytechnic University and other leading organisations, will offer multi-dimensional insight into AI applications and breakthroughs in the healthcare field.A new session this year, CSO Insights: Catalysing Scientific Breakthroughs and Investments for Future Health, will bring together leading scientists from global pharmaceutical companies, including Dr Li Xiang, Senior Vice President, Co-President and Chief Scientific Officer of Innovative Medicines Division at Fosun Pharma, to discuss transforming research breakthroughs into real-world healthcare applications.Building on last year’s Silver Health Chapter, tomorrow will feature the session Unlocking Growth in Silver Health: From Precision Medicine to Smart Ageing Innovations. Speakers include Prof Christopher Chao, Vice President (Research and Innovation) of the Hong Kong Polytechnic University; Prof Brian Kennedy, Director of the Centre for Healthy Longevity at the National University Health System, Singapore; and Zhang Junjie, Vice President of Ant Group and President of Healthcare Business Group. They will share insights into ageing-related disease prevention and solutions.Other sessions also cover a wide range of cutting-edge topics, including Driving Chinese Medicine Development Through Standardisation and Innovation, and IP Financing and Trading for Pharmaceutical and Health Technology. These thematic sessions examine the latest developments and trends in the healthcare industry from multiple perspectives, promoting exchanges among scientific research, market applications and industry policy. During the session From Detection to Cure: Accelerating Innovations for Rare Diseases, Prof Liang Zicai, Founder and Chairman of Suzhou Ribo Life Science, will explore how innovative diagnostics and treatments are bringing new hope to patients. Another session, Charting the Future: A New Era in Gene and Cell Therapies, brought together Dr Li Xiang, Founder and CEO of XellSmart, and Dr Zhu Tian, Co-founder and CEO of GenEditBio, who shared the latest advancements in stem cell biology and genome editing platforms with other guests.    A global platform for healthcare resource matching, empowering pharmaceutical and healthcare companies to expand their businessIn addition to symposium sessions, some 180 healthtech companies from 12 countries and regions are showcasing innovative projects and solutions at the ASGH Business Hub and InnoHealth Showcase. At the same time, Project Pitching provides start-ups with opportunities to connect with investors, while the ASGH Deal-making facilitate one-on-one meetings to match global capital with healthcare projects. Participants can also access professional advice at the “GoGlobal Connect” and Business of Healthcare Advisory Zone, enabling companies to develop more targeted strategies for business expansion.Medical Fair showcases diverse AI-driven health solutions, with smart ageing products surge twofoldThe 17th Hong Kong International Medical and Healthcare Fair, organised by the HKTDC and co-organised by the Hong Kong MedTech Association, opened alongside ASGH. With the theme Innovations Boosting Smart Health Experience, the Fair brings together some 300 exhibitors from 10 countries and regions, including Hong Kong, the Chinese Mainland, Taiwan, Korea, as well as new participants from Macao, Australia, Canada, New Zealand, Vietnam and the United States, highlighting Hong Kong’s strengths as an international medical innovation hub.The Fair focuses on three key areas: MedTech, GeronTech and Preventive Healthcare, presenting a comprehensive showcase of the latest medical and healthcare equipment, products and application solutions from around the world. For MedTech, Neuroptek Corporation Inc from Canadian pavilion (Booth No.: 3E-D16) showcases the brand new EyeMirage, a solution that extends professional ophthalmic vision examinations beyond the clinic. By leveraging the computing power and camera technology of smartphones, the system enables users to conduct high-quality vision tests in settings such as homes and schools. Meanwhile, HKG epiTherapeutics Limited (Booth number: 3E-E06), from the Hong Kong Science and Technology Parks, presents a DNA methylation analysis technology designed for the early screening of liver cancer. The solution can identify and distinguish differential methylation features among liver cancer, blood and normal tissues. Its clinical research findings have been published in leading international academic journals[1], demonstrating a sensitivity of 88.5% for early-stage liver cancer and 95.7% for late-stage cases, representing one of the highest performance levels globally in methylation-based liver cancer early screening.In the field of GeronTech, the exhibits span a wide range of products, including smart rehabilitation robots, AI-powered mental health assessment systems, smart elderly care solutions and home-based care devices, fully addressing the evolving market needs of the silver economy. Hanshin Technology Limited (Booth No.: 3E-D13) introduces a Smart Shower Robot, which enhances safety and comfort for the elderly during bathing through intelligent design, while also easing caregivers’ workload and supporting the practical adoption of smart care solutions. Notably, the number of smart ageing products exhibited this year has more than doubled compared with the last edition, underscoring strong and growing market demand.In Preventive Healthcare, an exhibitor from Chinese Mainland, Guangzhou Supbio Bio-Technology and Science Co., Ltd. (Booth No: 3E-E19), presents the world’s first HIV-1 DNA quantitative testing kit approved for market launch by the National Medical Products Administration (NMPA). Designed to address increasingly complex HIV testing needs, the solution provides a stable and reliable full-disease-course testing approach, supporting an integrated and innovative model that spans prevention, treatment efficacy assessment and the exploration of functional cure through precision diagnostics.The Medical Fair features more than 50 themed forums and seminars, including topics such as “HKMTA Medical Fair Forum 2026: The Medtech Solutions - Greater Bay Area & Overseas”, co-organised with the Hong Kong MedTech Association, to be held tomorrow morning (12 May), followed by the afternoon session “ASEAN Gateway: Navigating Regulations, Capital and Distributions from Hong Kong”. On Wednesday (13 May), sessions such as “Decoding the Demand for Gerontechnology” will also take place. Industry experts will share the latest insights and market trends, and the exhibition will provide an ideal platform for professionals to network and explore new business opportunities. The exhibition will continue to adopt the “EXHIBITION+” hybrid model. The physical fair will take place from 11 to 13 May at the HKCEC. Global exhibitors, industry professionals, and buyers can engage in discussions via the “Click2Match” smart business matching platform from 4 May until 20 May.Photo download: https://bit.ly/4tsy9JsThe sixth Asia Summit on Global Health, jointly organised by the HKSAR government and the Hong Kong Trade Development Council, is held from 11 to 12 May at the Hong Kong Convention and Exhibition Centre under the theme “Fuelling Healthcare Breakthroughs.”Prof Frederick Ma, HKTDC Chairman, delivered the welcome remarks.John Lee, Chief Executive of the HKSAR, delivered the opening remarks.Prof Michael Levitt, 2013 Nobel Laureate in Chemistry, and the Robert W and Vivian K Cahill Professor in Cancer Research at Stanford University, shared his insight.ASGH Deal-making has facilitated one-on-one meetings, both online and offline, to channel capital to healthcare projects and promote collaboration.The ASGH Business Hub and InnoHealth Showcase have featured around 180 healthtech companies from 12 countries and regions.Under the theme Innovations Boosting Smart Health Experience, the 17th Hong Kong International Medical and Healthcare Fair (Medical Fair) highlights MedTech, GeronTech & Preventive Healthcare, with some 300 exhibitors from 10 countries and regions.On the first day of the Medical Fair, a series of forums and seminars were held, including “Digital Pulse, Preventive Future: When Wearable Technology Meets Chinese and Western Medicine Collaboration and AI” .The session featured Mr. Paul Anthony Yuen, Director of Dayton Industrial Co., Ltd., who joined academic experts in sharing insights into the latest developments in the field.Led by the Hong Kong Science and Technology Parks Corporation (HKSTP), DRESIO Limited showcases its AI-powered physiotherapy motion analysis system.Exhibitor from Canada bring medical technologies, highlighting clinical applications and solutions.Medical Fair exhibitor Green Life Technology Ltd (Booth No.: 3D-D24) showcases the world’s first product integrating inversion technology and 3D resonance technology, which has been successfully adopted by massage practitioners and therapists in Germany.WebsitesInternational Healthcare Week: https://internationalhealthcareweek.hktdc.com/enThe Asia Summit on Global Health: https://www.asiasummitglobalhealth.com/conference/asgh/en?ref_source=GrayMenu&ref_medium=vep-conferenceHong Kong International Medical and Healthcare Fair: https://www.hktdc.com/event/hkmedicalfair/en?ref_source=GrayMenu&ref_medium=vep-tradeshowList of Product: https://www.hktdc.com/event/hkmedicalfair/en/product?ref_source=GrayMenu&ref_medium=vep-tradeshowMedia enquiriesYuan Tung Financial Relations:Jasmine Zhang      Tel: (852) 3428 3278   Email: jzhang@yuantung.com.hkLouise Song        Tel: (852) 3428 5691   Email: lsong@yuantung.com.hkTiffany Leung      Tel: (852) 3428 2361   Email: tleung@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Noah Qiu           Tel (852) 2584 4575    Email: noah.yl.qiu@hktdc.orgNavin Law          Tel: (852) 2584 4525   Email: navin.cm.law@hktdc.orgJane Cheung        Tel: (852) 2584 4137   Email: jane.mh.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. [1] The product was published in the world-leading academic journal Nature Communications (2023). Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, May 12, 2026 - (ACN Newswire via SeaPRwire.com) - Shanghai Top Numerical Control Technology Co., Ltd. (“TopNC” or the “Company”) has officially initiated its IPO process, with plans to commence trading on May 20. It is set to become the “First Chinese Commercial Aerospace Stock” in the Hong Kong stock market. This IPO is jointly sponsored by Guotai Junan International and CCB International. RBC, 3W, Boyu, HHLRA, CDH, TT International, Mirae Asset, GSAM etc. serve as a cornerstone investor. The company plans to globally offer approximately 65,330,000 shares. The share price is set at HK$26.39 per share, with total proceeds expected to reach approximately HK$1.7 billion. As an absolute leader in China’s aviation and aerospace five-axis CNC machine tool sector, TopNC has cultivated the high-end industrial machine tool field for twenty years. It is deeply integrated into national strategic projects such as the C919 large aircraft and Long March carrier rockets, marking a milestone in the domestic substitution of high-end manufacturing.Founded in 2007, TopNC was led and established by Dr. Wang Yuhan, an associate professor at the School of Mechanical Engineering, Shanghai Jiao Tong University. Headquartered in Shanghai, the Company is a national-level key “Little Giant” enterprise and a “Specialized, Fined, Peculiar and Innovative” SME. The Company focuses on the R&D, production, and sales of high-end intelligent manufacturing equipment, with five-axis CNC machine tools at its core. While its products focus on core aviation and aerospace scenarios, they also extend to general industries such as automotive, energy, medical, shipbuilding, and mould manufacturing.The most iconic breakthrough for TopNC was the successful development of the dual five-axis mirror milling machine tool prototype in 2016. This made China the third country in the world, after France and Spain, to master this technology, breaking the long-term technical blockade by Europe, the U.S., and Japan. Since then, the Company’s product line has been incorporated into the manufacturing systems of the C919 large aircraft and the Long March series carrier rockets, covering core equipment links for China’s full range of rocket manufacturing.According to the CIC Report, TopNC ranked first in China’s aviation and aerospace five-axis CNC machine tool market in 2025 with a market share of 10.0%. As high-end industrial machine tools, five-axis CNC machine tools are a core symbol of a nation’s manufacturing strength. The market size is expected to grow from RMB 12.9 billion in 2025 to RMB 31.9 billion in 2030, with a CAGR of 19.8%. A more critical shift is occurring at the localization level: the market share of domestic suppliers has increased from 18.0% in 2020 to 59.5% in 2025, and is projected to exceed 78.0% by 2030. The scarcity value of TopNC is reflected in a triple barrier: first, a high technical barrier, with core technologies covering precision mechanical design, CNC systems, intelligent measurement and control, and process software ; second, an independent and controllable supply chain with a high localization rate of core components ; third, a strong customer barrier, having established over ten years of cooperative relationships with mainstream domestic aviation and aerospace groups, deeply binding with the “national team”.In terms of financial data, TopNC’s growth curve shows a strong acceleration trend. In FY2025, the Group recorded a significant increase in newly secured contract value amounting to RMB 693.6 million. The Company’s current project backlog is approximately RMB 680 million, a substantial increase compared to the same period last year, providing strong revenue certainty and a solid guarantee for sustained high performance growth in the future.Operational quality has simultaneously achieved a qualitative breakthrough. From 2023 to 2025, TopNC’s revenue grew from RMB 334.6 million to RMB 578.0 million. On the profit side, the Company’s adjusted net loss was RMB 61.0 million in 2023, and it successfully achieved a turnaround in 2024 with a net profit of RMB 6.9 million. In FY2025, despite increased R&D expenses, the Company maintained a profitable state with a net profit of RMB 1.6 million.Even more noteworthy is that the Company’s net cash flows from operating activities turned positive in FY2025, recording a net inflow of approximately RMB 25.4 million. This indicates that TopNC has overcome the long-term cash flow “hemorrhage” dilemma commonly faced by high-end equipment enterprises, successfully achieving self-sustaining capabilities. The positive operating cash flow, combined with a gross profit margin maintained at a high level of 35.4% in 2025, collectively confirms that the Company has entered a virtuous development cycle of “scale expansion — profit growth — cash recovery”.From the business structure perspective, TopNC’s core revenue is highly concentrated in the aviation and aerospace intelligent manufacturing equipment sector. In FY2025, this segment generated revenue of RMB 512.4 million, accounting for 88.7% of total revenue. Meanwhile, the Company is accelerating the development of its second growth curve: compact general industrial five-axis machine tools contributed RMB 39.4 million in revenue in 2025, with sales volume increasing from 3 units in 2023 to 32 units. Large-span carbon fiber composite five-axis machine tools achieved a commercial breakthrough in 2025, with 6 units sold for a revenue of RMB 24.4 million. The Company is the world’s first and only manufacturer to achieve commercial sales of machine tools that fully apply carbon fiber composite materials across all moving parts. This technology has a significant barrier and is adapted for cutting-edge scenarios such as low-altitude economy drone frames and large lightweight aerospace components, with a steadily expanding growth space.The successful IPO is an important milestone, representing capital market recognition of TopNC’s twenty years of technical accumulation, and marks the beginning of a new development stage. With the support of the capital market and the empowerment of high-quality investors, TopNC will further strengthen its resource integration capabilities, accelerate the domestic substitution process of high-end five-axis CNC machine tools, and continue to consolidate its leading position in technology and the market, solidifying the foundation for long-term growth and expanding into even broader development spaces. The Company will continue to reinforce independent R&D of core technologies at a faster pace and with deeper strategic investment, drive the iterative upgrading of its five-axis CNC machine tool product system, actively participate in building an independent and controllable high-end manufacturing system in China, and work with ecological partners to explore the vast prospects of aviation, aerospace, and general high-end manufacturing. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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BRISBANE, AUS, May 11, 2026 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce GMG's energy saving and anti-corrosion graphene coating solution, THERMAL-XR, is being applied to the air conditioners for two luxury towers in Australia currently under construction at the Gold Coast in Queensland (the "Project"). The Project includes spraying THERMAL-XR on a total of between 300 to 600 air conditioners, see Figure 1 showing how the THERMAL-XR is sprayed on the air conditioners in GMG's spray booth facility in Brisbane Queensland.Figure 1: Spray Booth and Curing Area for Air Conditioners for ProjectTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/296885_3b33c46414878a4d_001full.jpgCraig Nicol, CEO & Managing Director of the Company, commented "Great to see two of the largest towers in Australia using THERMAL-XR on their air conditioners to save energy for the apartment owners and tenants as well as limiting corrosion and extending the air conditioners' life."Jack Perkowski, Non-Executive Chairman and Director of the Company, commented: "This project is a great demonstration of the commercial momentum THERMAL-XR is building in the Australian market. Seeing our graphene coating applied to up to 600 air conditioners across two of Australia's most prestigious luxury towers is a significant milestone - not only for the energy savings and extended asset life it is expected to deliver to apartment owners and tenants, but as a compelling proof point for the broader HVAC-R industry. Projects of this scale highlight the real-world value that GMG's technology brings and reinforce our path to building a substantial revenue base from our energy savings products."Figure 2To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/296885_gmgfigure2.jpgAbout THERMAL-XR® ENHANCE powered by GMG Graphene: THERMAL-XR® ENHANCE coating system is a unique patent product and method of improving the conductivity of heat exchange surfaces (including for air conditioners, refrigeration systems, heat pumps and data centres) and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces from corrosion (successfully passed up to 20,000 hours of salt sea spray corrosion testing) while improving the 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.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production 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/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 secure market applications. In the energy savings segment, GMG has initially focused on 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. Another product GMG has developed is the 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 commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is 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) accept 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, THERMAL-XR coating on the Project's air conditioners, the energy savings, anti-corrosion and extension of asset life attributes of THERMAL-XR, the momentum THERMAL-XR is experiencing in Australia, the ability of GMG's energy savings products to build a revenue base, 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 coating of air conditioners on Meriton's two towers. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which 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 receive on a timely basis the fully signed consent notice from the 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 out-look that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296885 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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SINGAPORE, May 11, 2026 - (ACN Newswire via SeaPRwire.com) - Managing daily expenses can feel overwhelming, especially when bills, subscriptions, and lifestyle spending happen across different platforms. However, organising payments strategically using credit cards and cashbacks, and structured spending habits can help unlock better control, higher cashback, and long-term savings. In Singapore, where digital payments are widely accepted, aligning expenses smartly can help turn routine spending into value-earning opportunities.Unplanned spending often results in missed reward opportunities and unnecessary fees. When payments are scattered across multiple methods, tracking expenses becomes difficult, and potential cashback categories may go underutilised.In 2023, the average monthly household expenditure in Singapore was SGD 5,931. When monthly recurring payments are aligned under suitable cards, even a modest cashback rate of 1.5-5% can add up meaningfully over time.If you are looking to make the best use of your cashback credit cards and maximise your savings, here are some tips that you might find useful.Understand your monthly spending categoriesBefore selecting or using credit cards strategically, it helps to map out where money is being spent each month. This exercise can help distinguish between fixed recurring expenses and flexible lifestyle spending. With digital payments now a common part of daily life, small expenses can add up quickly without you noticing.Typical monthly spending categories may include groceries, transport, dining, utilities, mobile bills, insurance premiums, and online shopping. On average, Singaporeans spend around SGD 455 per month on food and groceries alone and an additional SGD 128 per month on public transport.When these categories are clearly defined, it is easier to identify which expenses qualify for cashback and which do not.Match the right Credit Card to the right expenseDifferent credit cards are designed to reward different types of spending. Some cards focus heavily on dining and entertainment, while others provide higher cashback on groceries, transport, or online purchases.For example, one card may offer 5% cashback on dining capped at SGD 50 monthly, while another provides 3-4% on online shopping and subscriptions. When all expenses are charged randomly to a single card, these benefits may remain underutilised.Assigning specific cards to specific expense categories can help structure spending without increasing it. This method allows users to stay within cashback limits, reduce confusion, and improve the efficiency of rewards across everyday transactions.Automate recurring bills for consistent cashbackAutomating recurring payments can help maintain consistency in both budgeting and cashback accumulation. Many essential services support automatic card payments, including utilities, broadband, mobile plans, and digital subscriptions.Automation also reduces the risk of missed due dates and late payment fees.Use cashback earned in practical waysCashback earned through credit card usage can be more useful when applied intentionally rather than treated as incidental savings. Instead of viewing it as extra money, cashback can help offset regular expenses and improve monthly cash flow. When planned properly, even small amounts earned each month can support everyday budgeting.Some practical ways cashback may be used include:Offsetting utility or telco billsHousehold expenses such as electricity, water, mobile, and broadband form a significant portion of regular monthly spending. Cashback credited to the card statement can reduce these fixed expenses directly, helping stabilise monthly outflow.Reducing grocery spendingUsing cashback to offset statement balances can help cover weekly grocery and essentials from supermarkets, easing the impact of rising grocery costs.Covering transport expensesMRT travel, ride-hailing services, and fuel expenses can be a big expense if not planned well. Cashback can be redirected towards SimplyGo top-ups or occasional Grab rides, helping manage daily commute costs.Supporting annual or seasonal expensesAccumulated cashback from payments may help offset insurance premiums, travel bookings, or festive shopping, reducing the pressure of large one-time payments. Used consistently, cashback can quietly strengthen everyday financial planning without changing spending habits.Align large purchases with reward periodsLarger purchases, such as electronics, furniture, or travel bookings, can sometimes be planned around bank promotional periods. In Singapore, many credit card providers run limited-time campaigns during events like the Great Singapore Sale, year-end holidays, or major online shopping festivals. During these periods, users may receive additional cashback, higher reward caps, or bonus returns on select categories, subject to promotional terms and conditions.Aligning such spending with promotional windows can help convert unavoidable costs into reward-generating transactions. Over time, this approach can support better savings outcomes while keeping overall spending controlled.Final thoughtsOrganising payments thoughtfully can help transform daily expenses into meaningful rewards. By aligning spending categories, automating bill payments, tracking spending limits, and using cashback strategically, Singapore consumers may find greater value in routine transactions.While results vary based on lifestyle and spending patterns, a structured approach can help create clarity, flexibility, and small yet steady savings over time. With the right planning, cashback and credit cards can become practical tools that support smarter money management rather than complicate it.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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PHILADELPHIA, PA, May 8, 2026 - (ACN Newswire via SeaPRwire.com) - TruMerit, a global leader in healthcare workforce development and credential verification, today announced that it has issued its first verifiable digital credentials to healthcare professionals through a new partnership with Credivera, marking a major step forward in secure, portable credential verification for the global healthcare workforce.The first group of digital credentials has been awarded to nurses and other healthcare professionals who successfully passed TruMerit's global certification examinations over the last year. These include the Certified Global Nurse credential and credentials tailored for nurses and other healthcare workers specializing in rehabilitation care. These secure credentials can now be stored, managed, and shared digitally, allowing employers, regulators, and licensing authorities to instantly verify professional qualifications.Through Credivera's secure credential exchange platform, TruMerit credentials are issued in encrypted, tamper-proof digital formats that align with globally recognized verification standards. As healthcare systems worldwide face workforce shortages and increasing cross-border mobility of healthcare professionals, trusted credential verification has become a critical infrastructure challenge for regulators, employers, and governments. Verifiable digital credentials enable professional qualifications to be securely issued, instantly validated, and easily shared across borders--reducing administrative delays while strengthening confidence in the authenticity of healthcare credentials."By introducing verifiable digital credentials with Credivera--and issuing the first credentials to successful certification candidates--we are helping build a trusted digital identity for healthcare professionals that allows their qualifications to be securely verified anywhere in the world," said Peter Preziosi, President and CEO of TruMerit. "This initiative modernizes credential verification and gives professionals greater control over how their achievements are shared with employers and regulators."Credivera supports a growing global network of organizations issuing encrypted credentials and verified identity records through its secure credential exchange infrastructure."Professional credentials are increasingly becoming part of a person's digital identity," said Dan Giurescu, CEO of Credivera. "Our platform allows trusted organizations like TruMerit to issue secure, verifiable credentials that professionals can control and share anywhere in the world. Together we are helping create a more transparent and trusted system for verifying healthcare qualifications."The TruMerit-Credivera collaboration represents part of a broader shift toward verifiable digital identity systems, where trusted organizations issue portable credentials that professionals can carry throughout their careers.About TruMeritTruMerit is a worldwide leader in healthcare workforce development with nearly 50 years of experience supporting the mobility of nurses and other healthcare workers. Formerly CGFNS International, TruMerit validates the education, training, and professional experience of internationally educated health professionals seeking authorization to practice in the United States and other countries. Through its expanded mission and the Global Health Workforce Development Institute, TruMerit advances research, standards, and certifications that strengthen the global health workforce and promote equitable, sustainable career mobility. www.trumerit.org.Media Contact:LEA SIMSChief Marketing & Communications OfficerTruMeritmedia@trumerit.orgSOURCE: TruMerit Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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From left to right: Ivan Lam, Executive Director for International Business, Charter Keck Cramer; Josh Chye, Partner, Tax Consulting, HLB Mann Judd; Michael Lang, State Director, Residential Projects Melbourne, Savills Australia; Jules Kay, General Manager, PropertyGuru Asia Property Awards and Events; Colin Chee, Creative Director & Founder, Never Too Small; Benson Zhou, Director, CBD & Metropolitan Sales Melbourne, Savills Australia; and Karen Kong, Head of Property Lending, Bendigo BankSYDNEY, AU, May 8, 2026 - (ACN Newswire via SeaPRwire.com) - The PropertyGuru Asia Property Awards (Australia) programme returns for its ninth edition in 2026 following two successful launch events in Sydney and Melbourne, announcing a roster of new categories that elevate real estate standards across the country’s booming urban centres.This year’s winners will be recognised at the gala celebration of the 9th PropertyGuru Asia Property Awards (Australia) to be held on Friday, 4 September 2026, at the Shangri-La Sydney. Entries are now open until July.Key dates for the 2026 edition are:Now – Entries open10 July 2026 – Entries close28-31 July 2026 – Site Inspections4 September 2026 – Gala Dinner and Awards Ceremony in Sydney, Australia11 December 2026 – International Grand Final Gala Dinner in Bangkok, ThailandThe expanded PropertyGuru Asia Property Awards (Australia) programme aligns with transformative market dynamics taking place across cities from Melbourne to Sydney and Brisbane. High-quality built spaces in urban centres nationwide continue to appeal to discerning domestic property seekers and cross-border investors, especially those from Southeast Asia.Newly introduced categories include Best Condo Developer, Best Housing Developer, Best First Home Development, Best Wellness Hospitality Development, Best Marina Development, Best Landmark Development, Best Sales Gallery Interior Design, and Best Landmark Design.Asia Connect in AustraliaThe launch of the 9th PropertyGuru Asia Property Awards (Australia) comes on the heels of two high-profile Asia Connect events in Melbourne and Sydney. Asia Connect brought together thought leaders and industry professionals to discuss market trends set to impact the outlook of urban development in Australia.From left to right: Watcharaphon Chaisuk, Senior Solutions Manager, PropertyGuru Group; Philip Low, President, AMBC-NSW; Councillor Robert Kok, City of Sydney Council; Josh Chye, Partner, Tax Consulting, HLB Mann Judd; Jules Kay, General Manager, PropertyGuru Asia Property Awards and Events; Ivan Lam, Executive Director for International Business, Charter Keck Cramer; and Udomluk Suwan, Sales Director, PropertyGuru Group.Asia Connect: Sydney, held on 13 March in the New South Wales capital, served as a prelude to the 2026 awards programme. The launch event at the Four Seasons Hotel gained the support of the City of Sydney Council, led by Councillor Robert Kok, and convened market experts and award-winning developers, including Eterno Property Group and Skyland Group.Lord Mayor Nicholas Reece, City of Melbourne CouncilThe launch continued 17 March with Asia Connect: Melbourne, held at the Savills headquarters in the Victorian capital. The gathering featured insights from property experts and was welcomed by Melbourne Lord Mayor Nicholas Reece, who joined developers, design professionals, and industry associations to discuss sustainable urban growth.Stability and liveabilityJules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “As we launch the 2026 PropertyGuru Asia Property Awards (Australia) from Sydney, we turn our focus to a market poised for a resurgence. With airport upgrades and mega-infrastructure coming to life, the city looks set to lead national growth. This complex market demands the capital and innovation that Asia's investors, seeking stability beyond traditional markets, are uniquely positioned to provide. We can't wait to see what the finest real estate in Sydney and, by extension, Australia, looks like this year.”He added: “As one of the world’s most liveable cities, Melbourne has shown us a flight to quality and a fascinating paradox, characterised by price growth against headwinds. Such a divergence underscores the need to spotlight resilience, from the resurgence of Asian capital to the student accommodation boom, as we contribute to a market that continues to showcase Australia’s best real estate.”Ivan Lam, Executive Director for International Business, Charter Keck Cramer and PropertyGuru Asia Property Awards (Australia) chairpersonIvan Lam, chairperson of the independent judging panel and executive director for international business at Charter Keck Cramer, said: “We are thrilled to honour the finest real estate in Sydney and the rest of Australia this year. We are optimistic about blue-chip suburbs in Australia's largest city as well as the many public works that promise to unlock value across New South Wales. The westward transformation of Sydney especially presents a generational opportunity for astute investors and developers alike while the enduring appeal of the city's eastern and northern suburbs demonstrates the prestige market’s resilience. We call on developers to submit their best and showcase their works to property seekers and peers across Australia and the region.”He added: “With impressive growth forecasted for Melbourne, we expect a resilient market defined by emerging luxury enclaves and an enduring, inherent appeal to Asian property seekers as well as local buyers. The calibre of this year’s entries will surely reflect the dynamism of this market.”From left to right: Josh Chye, Partner, Tax Consulting, HLB Mann Judd; Joe Phegan, Managing Director, Savills Victoria; Ivan Lam, Executive Director for International Business, Charter Keck Cramer; Lord Mayor Nicholas Reece, City of Melbourne Council; Karen Kong, Head of Property Lending, Bendigo Bank; Jules Kay, General Manager, PropertyGuru Asia Property Awards and Events; Benson Zhou, Director, CBD & Metropolitan Sales Melbourne, Savills Australia; and Watcharaphon Chaisuk, Senior Solutions Manager, PropertyGuru GroupOrganised by PropertyGuru Group, Southeast Asia’s leading PropTech company, Asia Connect: Sydney and Asia Connect: Melbourne were supported by Australia Malaysia Business Council in New South Wales (AMBC-NSW) and Victoria (AMBC-Vic), Malaysian Developers Council of Australia (MDCA), and Savills Australia; official magazine Property Report by PropertyGuru; and official supervisor HLB Mann Judd.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.ABOUT PROPERTYGURU GROUPPropertyGuru is Southeast Asia's leading1 PropTech company, and the preferred destination for over 32 million property seekers monthly2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 18 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its markets in Singapore, Malaysia, Vietnam, and Thailand as well as the region's biggest and most respected industry recognition platform - PropertyGuru Asia Property Awards, events, and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.(1) Based on SimilarWeb data between July 2024 and December 2024.(2) Based on Google Analytics data between July 2024 and December 2024.(3) Based on data between October 2024 and December 2024.(4) Based on data between July 2024 and December 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships: Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.com Sales & Nominations:Watcharaphon Chaisuk (Jeff), Solutions ManagerM: +66 95 797 0595E: jeff@propertyguru.comPiyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com  Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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SINGAPORE, May 8, 2026 - (ACN Newswire via SeaPRwire.com) - Travelling more frequently does not always require a bigger income or a higher monthly spend. With thoughtful planning and smarter use of financial tools, travel expenses can be managed in a way that feels more sustainable. For many people in Singapore, using a miles credit card can help turn everyday spending into future travel opportunities.When used carefully, miles earned from regular expenses may gradually reduce flight and travel costs, making short getaways and annual holidays more achievable without stretching the budget. In a city like Singapore, where flights to nearby destinations such as Bangkok, Bali, Kuala Lumpur, and Tokyo are common, earning more miles can bring your next destinations within reach.Understanding How Travel Miles WorkTravel miles are reward points earned when you spend on eligible cards, particularly miles-focused credit cards. These miles can later be redeemed for flights, seat upgrades, or travel-related perks, depending on the airline or rewards programme.In Singapore, many miles credit cards offer earning rates ranging from 1.2 to 1.6 miles per SGD 1 spent locally, while overseas spending can go up to 2 to 4 miles per SGD 1. This means a monthly expense of around SGD 2,000 could generate approximately 2,400 to 3,200 miles, depending on the card and category.How Using a Miles Credit Card Can Help Reduce Travel CostsEarning miles on everyday expensesDaily costs, such as groceries, petrol, mobile bills, streaming subscriptions, and dining, can earn miles when charged to the right card. For example, a household spending around SGD 1,500-2,500 monthly on routine expenses may slowly build enough miles for a regional return flight within a year.However, it is important to know that different miles credit cards reward spending in different ways. Some offer higher miles on everyday categories like dining, groceries, or online shopping, while others give bonus miles on travel-related spending such as flights, hotels, or overseas transactions. There are also general spending cards that let you steadily earn miles on most purchases.Choosing a card that matches your spending habits can help you turn everyday expenses into miles for future trips.Reducing airfare expenses through redemptionsRedeeming miles for flights may help reduce ticket prices significantly. A return economy flight from Singapore to Bangkok may require around 25,000-30,000 miles. You can use your miles to partially or fully cover airfare, and the remaining budget can be put toward hotels or experiences.Lowering upgrade and comfort costsMiles can also be used for seat upgrades. Instead of paying cash for premium economy or business class, travellers may use miles to improve comfort, especially on long-haul routes.Strategic Ways to Earn Miles Faster in SingaporeFocusing on high-mile categoriesSome cards offer bonus miles on dining, online shopping, ride-hailing, or travel bookings. Using these cards for those categories may increase earning rates from around 1.2 miles per dollar on general spending to as much as 4 miles per dollar. On a SGD 800 dining and online spend, earning 4 miles per dollar instead of 1.2 can result in over 2,000 extra miles per month.Timing big purchases thoughtfullyExpenses such as annual insurance premiums, electronics, furniture, or education fees can be timed during promotional periods. Banks in Singapore often run limited-time campaigns offering 5x to 10x miles or bonus mile packages, which may accelerate mile accumulation without increasing total spending.Using sign-up and retention bonuses wiselyMany miles credit cards offer welcome bonuses ranging from 10,000 to 50,000 miles, depending on minimum spend. When planned well, these bonuses can cover a significant portion of a flight ticket redemption and support more frequent travel plans.Making the Most of Miles RedemptionsBooking flights early for better valueAward seats are limited, especially during school holidays and festive periods. Planning trips three to six months ahead may provide better redemption availability and lower mileage requirements.Comparing cash prices versus miles usageSometimes, budget airline fares from Singapore can be as low as SGD 80-150, serving more value for longer distances. Comparing cents-per-mile value helps ensure miles are used where they make the most impact.Using miles for one-way travelRedeeming miles for one-way flights can provide flexibility. Travellers might use miles for departure and cash for return or vice versa.Planning Travel Around Miles Instead of DatesChoosing destinations based on redemption valueSelecting destinations based on miles availability can help maintain a steady travel rhythm throughout the year. Southeast Asian destinations, for example, often provide higher value per mile compared to long-haul routes.Flying during off-peak periodsAvoiding school holidays and major public holidays may require fewer miles and save 10-20% on mileage costs, enabling more trips using the same balance.Managing Costs Beyond FlightsUsing travel perks included with miles credit cardsMany cards in Singapore offer complimentary travel insurance, airport lounge access, and dining discounts. These benefits can reduce out-of-pocket costs that would otherwise add several hundred dollars per trip.Pairing miles with hotel dealsBooking hotels during flash sales, credit card promotions, or through airline hotel partners may further reduce travel expenses. Savings of SGD 100-300 per stay can significantly impact overall trip budgeting.Travelling More Without Spending MoreA miles credit card, when used responsibly, can help convert routine expenses into future travel opportunities. By understanding earning structures, planning redemptions carefully, and staying flexible with destinations and travel dates, Singapore-based travellers can make travel a regular part of life rather than an occasional luxury. With patience and mindful usage, miles can quietly add up-one grocery bill, one meal, and one monthly expense at a time-helping turn travel dreams into achievable plans.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, Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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HONG KONG, May 7, 2026 - (ACN Newswire via SeaPRwire.com) - Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) announced today that the Group and Itochu Hong Kong Limited (“Itochu HK”) have signed agreements to jointly invest in Nissin Marketing and Sales (H.K.) Limited (“NMS”). The transaction was completed through capital contributions from both parties. Nissin Foods remains the controlling shareholder of NMS.The joint capital investment will enhance the Group’s product procurement capabilities, allowing for the exploration and development of new agent brands, including new and third-party brands, not only from Japan but also from other overseas markets to delight local consumers in Hong Kong and the Chinese Mainland. Nissin Foods and Itochu HK will leverage their partnerships with major retail chains and experience with e-commerce platforms to expand sales channels both online and offline. Additionally, utilising advanced logistics networks in the Chinese Mainland will improve operational efficiency, ensuring the Group’s sustained growth and competitiveness in the markets. Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “ITOCHU Group possesses extensive resources and invaluable experience in the distribution business sector. This joint capital investment will create beneficial synergies for both parties. The agreement reflects Nissin Foods’ ongoing commitment to bringing high-quality and diverse brands and products to local consumers in Hong Kong and the Chinese Mainland, ultimately supporting the Group’s distribution operations and ensuring sustainable growth.”Nissin Marketing and Sales (H.K.) Limited (“NMS”, formerly Hong Kong Eastpeak Limited) was established to manage two distribution subsidiaries in Hong Kong and Shanghai. NMS wholly owns the two distribution arms, unifying management and enhancing the Group’s ability to attract brand partners. The Hong Kong subsidiary distributes beverages, confectionery, snacks, Japanese-branded seasoning sauces and chilled products in Hong Kong, experiencing growth due to revived inbound tourism and expanded sales channels, including a new Japanese chocolate and cookie brand. The Shanghai subsidiary oversees the distribution of confectionery and beverages in the Chinese Mainland, expanding its product portfolio with new offerings, such as European bottled water and Japanese carbonated beverages, which further strengthens the Group’s presence in the premium imported products segment.Nissin Marketing and Sales (H.K.) Limited oversees the two distribution subsidiaries in Hong Kong and Shanghai. The companies offer a diverse range of products, featuring natural mineral waters and sparkling waters, coffee, seasoning sauces, curries, mixed vegetable and fruit juices, a wide assortment of snacks and sweets, as well as premium chocolates and cookies.  The Hong Kong subsidiary is distributing more than 440 products in 8 different categories in Hong Kong.The Shanghai subsidiary is handling the distribution of more than 300 products in 20 categories in the Chinese Mainland.About Nissin Foods Company LimitedNissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and the Chinese Mainland, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Chinese market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first- and second-tier cities. In addition, Nissin Foods operates business in other regions including Vietnam, Taiwan, Korea and Australia markets.Nissin Foods is currently a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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ANTWERPEN, BELGIUM, May 7, 2026 - (ACN Newswire via SeaPRwire.com) - OMP, a leader in AI-powered supply chain planning, brings AstraZeneca to the Gartner Supply Chain Symposium/Xpo™ 2026 in Barcelona. Together, they will share how AstraZeneca is transforming planning to keep pace with increasing complexity and constant change - building an integrated, decision-centric approach powered by OMP's Unison Planning™ platform and UnisonIQ AI orchestration.AstraZeneca's journey to decision-centric planningDiane Gorman, Network Supply Planner at AstraZeneca, takes the Gartner stage to share how the global biopharmaceutical company is evolving from spreadsheet-based planning to integrated, capacity-aware decision-making. The session covers how this shift improves visibility into constraints and strengthens outcomes across campaign management, capacity planning, and detailed scheduling.Gorman will address:What it takes to drive user adoption across a complex organizationHow planner roles evolve as planning becomes more system-supportedHow AstraZeneca is preparing for the next phase of AI-enabled decision supportSign up for the sessionOMP hosts theater session on decision velocity in practiceOMP will also host a theater panel on Tuesday, May 19, 5:25-5:45 PM featuring Jack Eggels, former VP of Supply Chain at Shell, Tom Wouters, Chief Product Officer at OMP, and Philip Vervloesem, OMP's Chief Commercial & Markets Officer.Together, they explore:How organizations shift from calendar-driven planning to always-on, event-driven intelligenceHow decision velocity becomes a real operational capability with UnisonIQ coordinating human and AI collaborationHow AstraZeneca's journey connects product innovation to measurable results across industries.Explore decision velocity at the OMP boothThroughout the Gartner Supply Chain Symposium/Xpo™ (May 18-20, Barcelona), OMP is present at booth 310, demonstrating how Unison Planning™ and UnisonIQ help organizations move toward always-on supply chain orchestration. See how integrated planning, enhanced by the latest AI advancements, drives faster scenario evaluation, stronger collaboration, and measurable business results.Join OMP at Gartner to hear AstraZeneca's journey firsthand and leave with a clearer path to faster, more confident decisions.Book a meeting on siteSession at a glanceTitle: AstraZeneca's Journey to Decision-Centric Autonomous PlanningSpeaker: Diane Gorman, Network Supply Planner, AstraZenecaWhen: Monday, May 18, 11:45 - 12:15 CESTWhere: International Barcelona Convention CenterTo see where you can meet OMP next, visit our events calendar here.About OMPOMP helps companies facing complex planning challenges to excel, grow, and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, packaging, plastics, tires, and building products - benefit from using OMP's unique Unison Planning™.Solution and product inquiriesContact OMP+32 3 650 22 11Media inquiriesKira Perdue (Carabiner)SOURCE: OMP Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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Ottawa, Ontario--(ACN Newswire via SeaPRwire.com - May 7, 2026) - 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 its upgraded mineral resource estimate ("MRE") on its 100%-owned Lac Tetepisca Project (the "Project") in Quebec. The MRE was completed pursuant to the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").HighlightsOne of the Largest Identified Graphite Deposits Globally: This new mineral resource estimate includes 120,163 ktonnes of Indicated Mineral Resources at 10.27% Cg and 24,143 ktonnes of Inferred Mineral Resources at 9.88% Cg (see table below for additional details regarding the calculation of the MRE and the average Cg grades for the Indicated and Inferred Mineral Resources).High-Grade Mineral Resources: Estimates were calculated using a conservative 3.5% Cg cut-off grade and a US$1,200 per tonne average selling price for graphite concentrate.Significant Expansion Potential: Opportunities exist through step-out and infill drilling to extend the deposit to the southwest and at greater depths, as well as through drill testing of numerous additional geophysical anomalies.AI-Enabled Characterization Technology: Novel, low-cost AI-enabled in situ graphite flake characterization technology is expected to be incorporated into a future MOGC mineral resource update.Potential Acid generation Mitigation Materials: Dolomitic marble from the hanging wall has been included within the resource shell and may be used to mitigate acid generation within the tailings storage facility. Acid buffering capacity results are expected to be published in the coming months.IOS Geosciences Inc. ("IOS"), a leading Quebec-based geological consulting firm was retained to produce a mineral resource estimate update and prepare a technical report (the "Technical Report"). The Technical Report will contain the full results of the Company's drill program and a mineral resource estimation update. Pursuant to NI 43-101, the Company will file the Technical Report within forty-five (45) days of the date hereof on the Company's SEDAR+ profile at http://www.sedarplus.ca.The MRE update was completed by IOS, using results from 150 drill holes totalling 26,095 metres, and including 2022 campaign results recently reported and totalling 9,628 metres from 44 drill holes.The MRE update for the Project is based on 150 inclined and sub-vertical diamond drill holes performed between 2014 and 2022 on the Manicouagan-Ouest Graphitic Corridor ("MOGC") and South-West MOGC ("SW-MOGC") graphite prospect, totalling of 26,095 metres. Focus discovered the MOGC prospect in July 2012 while conducting reconnaissance geological mapping, prospecting, and trenching on the Property. The MOGC is defined by a 2 kilometre linear Magnetic (MAG) and Electromagnetic (EM) anomaly that trends N035°. Drilling was conducted on a 1.5 km long segment of the MOGC following 300 m long drilling lines oriented N305° and spaced 100 m, 50 m, or 25 m apart.Table 1: Mineral Resources (at 3.5% Cg Cut-Off) - MOGC, Lac Tetepisca ProjectMineral Resource CategoryTonnes (kt)Graphitic Carbon (%)In-Situ Graphite (kt)Measured*---Indicated*120,16310.2712,345Total Measured and Indicated*120,16310.2712,345Inferred*24,1439.882,386 * See notes 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15NotesThese mineral resources are not mineral reserves as they do not have demonstrated economic viability. The MRE follows current CIM Definition Standards (2014) and CIM MRMR Best Practice Guidelines (2019). A technical report supporting the MRE will be filed within 45 days in accordance with NI 43-101. The results are presented undiluted and are considered to have reasonable prospects for eventual economic extraction ("RPEEE").The independent and qualified persons ("QPs") for the mineral resource estimate, as defined in NI 43-101, are Jean-Michel Dubé, P.Geo. from IOS Geosciences and Alexandre Burelle, P.Eng., from Evomine Consulting. The effective date is April 30th, 2026.The estimate includes four (5) variably mineralized domains and one (1) dilution envelope modeled using LeapFrog Geo and interpolated using LeapFrog Edge. 2.0 m composites were calculated within the mineralized zones using the grade of the adjacent material when assayed or a value of zero when not assayed. High-grade capping on composites (supported by statistical analysis) was set at 27% Cg in the MOGC zone and 8.5% Cg in the SW-MOGC zone. Outlier capping restriction was set at 16% Cg for composites in the MOGC zone that are situated further than 50% the maximum interpolation distances.The estimate was completed using a rotated block model (N030°) in Leapfrog Edge, with a parent block size of 5m x 10m x 5m (X, Y, Z) and a sub-block size of 2.5m x 5m x 2.5m (X, Y, Z).Grade interpolation was obtained by Inverse Distance Squared (ID2) methodology using hard boundaries. Density values are interpolated and blocks that are not interpolated were assigned their lithology average value.Mineral resources were classified as Indicated and Inferred. Indicated resources are defined with a minimum of three (3) drill holes in areas where the closest composite is situated less than 90 m away from the block centroid and Inferred resources with two (2) drill holes in areas where the closest composite is situated less than 135 m away from block centroids and there is reasonable geological and grade continuity.It is the QP's opinion that the current classification used is adequate and reliable for this ‎type of mineralization and mineral resource estimate.‎The MRE is pit constrained. There are no out-pit resources meeting the RPEEE requirement.The RPEEE requirement is satisfied by applying a cut-off grade based on reasonable economic parameters and constraining volumes. The potential open pit (OP) of the 2026 MRE is locally constrained by a surface optimized with the pseudo-flow algorithm in Deswik using a cut-off grade of 3.5%Cg. The following parameters were considered: mining cost = CA$6.00/t mined; processing cost = CA$35.00/t processed; G&A cost = CA$10.00/t processed; concentrate transportation cost = CA$200/t conc.; Cg Price = US$1,200/t conc.; CAD/USD exchange rate = 1.38; overburden slope angle = 25°; rock slope angle = 50°; concentrator recovery = 86.6%, concentrate grade = 96.4%.The number of metric tonnes was rounded to the nearest thousand, following the recommendations in NI 43-101. The metal contents are presented in tonnes (tonnes x grade) rounded to the nearest thousand. Any discrepancies in the totals are due to rounding effects.The QPs are not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, or marketing issues or any other relevant issue not reported in the Technical Report that could materially affect the Mineral Resources Estimate.No mineral reserves have been established for the Lac Tetepisca Project.Table 2: Sensitivity Analysis Mineral Resource Category MeasuredIndicatedInferredCut Off (Cg)Tonnes (kt)Graphitic Carbon (%)In-Situ Graphite (kt)Tonnes (kt)Graphitic Carbon (%)In-Situ Graphite (kt)Tonnes (kt)Graphitic Carbon (%)In-Situ Graphite (kt)Base Case 3.5% ---120,16310.2712,34524,1439.882,3867.0%---81,02612.6410,24316,77511.851,98710.0%---54,65614.708,03710,55413.871,46413.0%---35,62716.465,8645,99915.78946 "This updated mineral resource at Lac Tetepisca represents a transformative milestone for Focus Graphite," commented Dean Hanisch, Chief Executive Officer of Focus Graphite. "To be a credible and serious alternative source of supply to China, particularly in building a secure domestic North American supply chain, projects must demonstrate scale, size, and grade. Lac Tetepisca delivers on all three. While operating costs in Canada are inherently higher than in China, grade is the key equalizer, and the grade and scale we are demonstrating here are critical differentiators. Graphite is an industrial mineral, and qualifying a new supply requires significant time and effort to fully characterize the material, making switching unattractive. This is why deposits of this scale are generational, and we believe Lac Tetepisca's size and grade justify that transition while reinforcing our position as a long-term North American supplier."Jason Latkowcer, Vice President of Corporate Development, commented, "Supply chains are being redefined by control and reliability. With Lac Knife and Lac Tetepisca, we are building a domestic platform capable of delivering high-grade graphite at scale, aligned with North American and allied energy and defence priorities."Figure 1: 2026 MRE Resource Block model of the Lac Tetepisca ProjectTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1963/296420_1b20bbb0444f2a88_001full.jpgQualified PersonThe technical content disclosed in this news release was reviewed and approved by Rejean Girard, P.Geo (Qc), President of IOS Geosciences Inc., a consultant to the Company, and a qualified person as defined under National Instrument NI 43-101.Data VerificationVast majority of raw data, including drilling and assaying, were available to the author as a coherent and validated database, built and maintained by the contractor through the years. Rigorous logging and assaying procedure were maintained throughout all the drill programs. Data used for the current MRE have undergone a comprehensive verification process to ensure accuracy and reliability. The verification procedures were conducted by qualified professionals with relevant expertise in geological and mining disciplines. They were overseen by the Qualified Person.QA/QC ProceduresIdentical assaying procedure as well as Quality assurance and quality control (QA/QC) procedures were maintained throughout the various drill programs, in coherence with the Lac Knife sister project. Thorough laboratory proficiency analyses were conducted in 2010-2012 on Lac Knife samples, and internal reference material was then manufactured and used throughout both Lac Knife and Lac Tetepisca QAQC programs. During 2012, 2014, 2018 and apart of 2021 program, COREM laboratory from Québec City has been used for routine assays. Activation Laboratories from Ancaster, ON, was used on 10% interlaboratory for cross-checks purpose. For half of 2021 samples, these two laboratories' roles were inverted. Aside of inter-laboratories duplicates, certified reference materials, internal reference materials and blanks were regularly inserted, and used to monitor result accuracy and precision. Total carbon, organic carbon and inorganic carbon analysis were performed on 10% of the samples, certifying that the routine assays were only reporting graphitic carbon. The same 10% of samples were also submitted for trace metal analysis, in anticipation of future environmental studies. They were subjected to their own QA/QC procedure. Re-assays and validation analysis were requested whenever deviations were noted.MRE ValidationMultiple validation approaches were taken. Block volume estimates for each mineralized zone were compared to the 3D wireframe models. Block grades, composite grades and assays were visually compared on sections, plans and longitudinal views for both densely and sparsely drilled areas and no significant differences were observed. There is a good match observed in the grade distribution. The trend and local variation of the estimated inverse distance squared (ID2) interpolation were compared to ordinary kriging (OK) and nearest-neighbor (NN) interpolation using swath plots (North, East, Elevation, Northeast).Geological Complexity:The property's geological setting is quite simple but may still pose challenges in terms of interpretation and validation. Unknown geological structures and mineralization patterns could introduce uncertainties despite validation efforts.It is crucial to note that, despite these limitations, every effort has been made to minimize potential biases and inaccuracies in the data. Qualified Persons have exercised their professional judgment to mitigate these limitations and ensure the reliability of the information presented in this report.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 highest-purity graphite deposits in North America, with a fully completed feasibility study and near-completed environmental assessment study. Lac Knife is set to become a key supplier for the battery, defence, 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 highest-grade graphite deposits in North America. Graphite mineralization at Lac Tetepisca is very similar to that of Lac Knife, forecasting similar behaviour in the concentration and purification processes. 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.com.LinkedIn: 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 results of the updated mineral resource estimate for the Lac Tetepisca Project, including the quantity and grade of mineral resources; the potential for expansion of the mineral resource through additional drilling, including step-out and infill programs; the timing, completion, and filing of the related technical report in accordance with National Instrument 43-101; the assumptions underlying the mineral resource estimate, including commodity prices, cut-off grades, and geological interpretations; the potential for future mineral resource updates; the advancement of environmental studies and permitting processes; the potential development of the Project and its ability to become a significant supplier of graphite; and the Company's plans to further evaluate and develop the Project, including metallurgical testing, engineering studies, and downstream processing opportunities.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/296420 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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SINGAPORE, May 7, 2026 - (ACN Newswire via SeaPRwire.com) - Neat, the pioneering video technology company, today announced the appointment of Javed Khan as Chief Executive Officer (CEO). Khan, a seasoned technology executive with a proven track record in AI-driven transformation, takes the helm as the company gears up for global expansion. The appointment of Khan signals Neat’s commitment to deeper investments in artificial intelligence as the engine for its next wave of innovation. With a career defined by bold leadership, technical mastery, and a product-first mindset, Khan is uniquely positioned to unite sophisticated edge computing with Neat’s simple, elegant user experiences.                                                   Javed KhanKhan joins Neat following his tenure at Aptiv, where he served as Executive Vice President of Intelligent Systems, building intelligent edge solutions across automotive, transportation, robotics, aerospace, and defense. Prior to Aptiv, Khan was the Senior Vice President and General Manager of Cisco Collaboration, where he led the turnaround and modernization of the Cisco Webex portfolio across video conferencing, video devices, and contact center solutions during and after the pandemic."Javed brings a rare combination of deep technical expertise and proven enterprise leadership,” said OJ Winge, on behalf of the Neat Board. "His experience scaling complex, AI-enabled systems and leading global collaboration platforms positions Neat to build upon its technology leadership and accelerate our long-term growth.”"Recent advancements in edge computing and large language models are allowing us to embed AI into edge devices running in the conference room. This architectural shift will allow us to unlock entirely new collaboration experiences. I am excited to join Neat as we have the unique opportunity to lead this transition,” said Javed Khan, CEO of Neat. “Neat is a product-centric company that is relentlessly focused on simplicity and intelligence. I’m honored to join the team and energized to be working alongside some of the brightest minds as we define the next generation of collaboration."Khan’s arrival comes at a pivotal time as Neat transitions from disruptive challenger to dominant enterprise force, deepening its focus on intelligent edge computing and accelerating toward public market readiness. His long-standing relationships within the industry—including with members of the Neat founding team—promises a seamless leadership transition.Khan succeeds Janine Pelosi, who led Neat through a period of significant expansion, strengthened the company’s operational foundation, and broadened its product portfolio.For more information about Neat, please visit neat.no.About NeatNeat brings people together with intelligent, simple, and open video devices built on our unique, AI-powered distributed architecture. Designed for fast installation and effortless scalability, Neat's devices join forces to bring video meetings and collaboration to spaces of all sizes and use cases. Neat blends robust enterprise-grade quality and manageability with consumer-like ease and flexibility. Neat's pioneering portfolio provides superb audio and video quality for Google Meet, Microsoft Teams, Zoom, or BYOD. We empower global teams to connect, collaborate, and thrive, enabling them to do their best work. Neat is based in Oslo and has a passionate team worldwide. Explore more at neat.no.Media contact:Sling & Stone Singaporeneat@slingstone.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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MUMBAI, INDIA, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - KPMG in India and CleverTap today announced a strategic alliance to embed advanced customer engagement capabilities into enterprise transformation programs. The alliance brings together KPMG in India’s Connected Enterprise and advisory capabilities with CleverTap’s customer engagement and retention platform, enabling organisations to explore greater personalisation, while staying aligned with governance, security, and key business priorities.The alliance will focus on organisations across the BFSI (Banking and Financial Services), retail, and consumer markets. By integrating CleverTap’s analytics and orchestration capabilities into KPMG in India–led initiatives, the alliance is intended to provide organisations with pathways to more effectively connect customer data with execution and to explore more coordinated, lifecycle-based approaches to engagement.Together, KPMG in India is expected to contribute its consulting experience across operating model design, governance, risk, and compliance, alongside CleverTap’s integrated platform capabilities including  real-time analytics and AI-driven engagement enablement, aimed at supporting organizations in strengthening customer engagement, retention initiatives, and customer lifetime value.Building on these complementary strengths, the alliance is designed to support companies in their efforts to reduce churn, strengthen customer engagement, and pursue sustainable revenue growth, while also helping them navigate and align with relevant regulatory requirements.“Our alliance with CleverTap strengthens our ability to help organisations activate insights responsibly and scale customer engagement in a measured, sustainable way. By bringing together our transformation-led consulting approach with CleverTap’s analytics-driven platform, we aim to support companies as they work to deepen customer relationships in a rapidly evolving digital and regulatory environment,” said Ram Seshadri, Partner, Digital Cloud Solutions, KPMG in India.“Enterprises don’t just need more data; they need intelligence to deliver personalized experiences. By combining KPMG in India’s transformation expertise with our all-in-one customer engagement platform, powered by CleverAI™, we’re equipping brands to deliver true 1:1 personalized journeys that increase customer lifetime value,” said Anand Jain, Co-founder and Chief Marketing Officer, CleverTap.By combining strategic advisory insights with advanced engagement technology, the alliance aims to help organisations develop stronger, more resilient customer ecosystems for the future.About KPMG in IndiaKPMG entities in India, are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Calicut, Chandigarh, Chennai, Delhi, Gandhinagar, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Raipur, Trivandrum, Vadodara and Vijayawada.KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focussed and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.About CleverTapCleverTap is the world’s leading AI-first, all-in-one customer engagement and retention platform, helping brands turn data into lasting customer relationships. Powered by its proprietary CleverAI™: Decisioning Engine and Agentic AI-verse, CleverTap enables organizations to maximize customer lifetime value at scale. Its unified platform brings together AI-powered segmentation, personalization, experimentation, journey orchestration, and deep analytics—seamlessly integrated with 100+ leading martech solutions.With backing from global investors including Accel, Peak XV Partners, Tiger Global, CDPQ, and 360 One, CleverTap has presence across US, Europe, the Middle East, Latin America, and Asia. Leading brands such as TD Bank, Burger King, Paytm, Levi’s, IKEA, Decathlon, Vodafone, Domino’s, Jio, Carousell, Banco Azteca, Zomato, StockX, and Emirates NBD,  rely on CleverTap to drive measurable growth through meaningful customer engagement.For more information, visit clevertap.com or follow us on:LinkedIn: https://www.linkedin.com/company/clevertap/X: https://twitter.com/CleverTapForward-Looking StatementsSome of the statements in this press release may represent KPMG in India’s and CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. Both KPMG in India and CleverTap caution that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. KPMG in India and CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will KPMG in India and  CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:ADITYA SANYALDirector, Digital Marketing, CleverTap+91 9177110080aditya.sanyal@clevertap.comASHMIT CHAUDHARYAssociate Consultant, Archetype+91 8850752121ashmit.chaudhary@archetype.co Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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BRISBANE, AUS, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to announce that it has executed an amended Investment and Development Agreement (the "Amended IDA") with East Vision International Holdings Pte. Ltd. and East Vision Group Ltd.), together ("EVIH"), for the development of its Fergusson Island Gold Projects (Wapolu and Gameta) (the "Projects") which amends and restates the original joint venture earn-in agreement (the "IDA") dated May 2, 2024.Under the Amended IDA, EVIH can earn up to a 50% interest in Fergusson Mining Pte. Ltd. (refer Figure 1) through a total investment of up to US$9.5 million (equity), and if required, US$2M (debt) for the development of Wapolu as well as a shareholder loan for the development financing of Gameta.The Amended IDA simplifies the earn-in structure into a single milestone linked to the permitting, pre-development and capital to commence operations at the Wapolu Project. Funding will support equipment purchases, permitting, feasibility work and project development, with a target to commence operations in Q4 2026. Once the funding and development milestones are achieved, EVIH and the Company are expected to each hold a 50% interest in Fergusson Mining Pte. Ltd.As part of the Amended IDA, the Company will grant EVIH up to 4.5M restricted stock units (the "RSUs") in three separate contingent issuances, each 1.5M issuance linked to Gameta pre-development, development and commissioning milestones.Figure 1 below shows the Adyton corporate structure and positioning of the JV within that structure.Tim Crossley, Managing Director and CEO, commented, "This amended agreement simplifies the path to a 50/50 partnership with EVIH while preserving core funding elements to advance the Fergusson Island projects toward production. We believe the revised structure provides simplicity, clarity and equity alignment between the parties as we continue to unlock the value of the Fergusson Island Gold Projects."Gary Wang, CEO of EVIH, commented, "We are very pleased with these amendments, which simplify our agreement with Adyton and provide greater alignment between ourselves and Adyton as we advance the Fergusson Island Projects. We are also encouraged by the constructive discussions which have further strengthened our relationship with Adyton."Figure 1 - Adyton Corporate StructureTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/296192_14300a4ed4b5bb58_001full.jpgTerms of the Agreement:Pursuant to the terms of the IDA, EVIH has the right to acquire up to a 50% ownership interest in the Project through a total investment of up to US$9.5 million, with US$8.5 million (the "Initial Investment Amount") to fund Project expenditures and US$1.0 million to be paid to the Company, of which US$500,000 was paid to the Company upon execution of the IDA in May 2024.The Amended IDA revises the structure of EVIH's investment into the Company's subsidiary, Fergusson Mining Pte Ltd. ("FM") (formerly MR Exploration PNG Pte Ltd.) into a two-stage funding arrangement. The Initial Investment Amount of US$8.5 million is to be applied toward the development of the Wapolu Project, including acquisition of all necessary processing and mining equipment, completion of a project feasibility study, other activities required to obtain all necessary licenses, permits, consents and approvals, maintenance of tenements in good standing, and commencement of operations (the "Wapolu Project Commencement") with a nameplate annual capacity rating of 300,000 ROM tonnes gold concentrate by January 31, 2027. EVIH's non-voting Class B shares will convert into voting Class A shares upon funding of the Initial Investment Amount and the Wapolu Project Commencement and reaching name plate capacity, at which point EVIH and the Company are expected to each hold 50% of FM. Within 90 Days of the Wapolu Project Commencement occurring, a sum of US$500,000 is required to be paid to the Company.If the required milestones are not achieved by May 2, 2027, any unconverted Class B shares may be cancelled without consideration. Should the Initial Investment Amount be insufficient to conclude all necessary activities as described above, EVIH may provide a shareholder loan to FM of up to US$2.0 million bearing interest at 10% per annum, at its discretion.The Amended IDA also contemplates a second-stage project financing for the development of the Gameta Project, including undertaking of a full definitive feasibility study and all development work for a mining and processing operation to process at least 2,000,000 ROM tonnes annually, and are expected to be funded through a loan facility provided by EVIH parent, East Vision Group (EVG), bearing interest at 8% per annum (the "EVG Loan Facility"), with interest and principal repayments prioritized from project cash flows prior to distributions to shareholders.In addition, the Company has agreed to grant up to 4,500,000 restricted share units (the "RSU's) to EVIH under its Amended and Restated Non-Option Omnibus Incentive Plan (the "Omnibus Plan"), subject to the following non-market performance-based vesting conditions to be achieved before the earlier of the deadline agreed to each milestone below (if any) or December 31, 2029, being the expiry of the Restriction Period:1,500,000 RSU's will vest upon the completion of the Gameta Feasibility Study to the satisfaction of the MRA by no later than 31 December 2026;1,500,000 additional RSU's will vest upon the granting of the Gameta Mining Lease (ML), the granting of the CEPA Environment Permit (EP) and completion of all land holder consents/approvals to the satisfaction of the MRA;1,500,000 additional RSU's will vest upon the commencement of operations (the "Gameta Project Commencement") of the first of two 1,000,000 ROM tonnes per annum modules with the approved Gameta Feasibility Study of a 2,000,000 ROM tonnes mining processing and export operation prior to 1 May 2028.The transaction is an arm's length transaction and qualifies as an Exempt Transaction under the policies of the TSX Venture Exchange. The Company is not paying any finder fees in connection with the transaction.For further information please contact:Tim Crossley, Chief Executive Officer E‐mail: ir@adytonresources.comPhone: +61 7 3854 2389Phone: +1 778 549 6768Neither 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 press release.ABOUT ADYTON RESOURCES CORPORATIONAdyton Resources Corporation is focused on advancing gold and copper projects in world-class mineral jurisdictions. The Company holds a portfolio of highly prospective assets in Papua New Guinea where it is actively working to expand its existing gold Inferred and Indicated Mineral Resources and build on recent high-grade gold and copper drill results at its 100% owned Feni Island ‎project.Adyton's projects are located on the Pacific Ring of Fire, on accessible island settings that host several globally significant deposits including the Lihir gold mine and ‎Panguna copper-gold mine on Bougainville Island, both in close proximity to Feni, highlighting the district-scale potential of the Company's land package.Feni Island Au-Cu projectThe Feni Island Project currently has a mineral ‎resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred ‎mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, ‎assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland ‎Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under Adyton's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.Fergusson Island Au projectThe Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 5.0 million tonnes at an average grade of 1.28 g/t Au for contained gold of 206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an average grade of 0.99 g/t Au for contained gold of 733,000 ounces, both inferred and indicated resources used a 0.5g/t Au cut-off grade.See the technical report dated October 14, 2021, entitled "NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay ‎Province, Papua New Guinea" prepared for Adyton Resources by Mark Berry (MAIG), Simon ‎Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.See the technical report dated January 7, 2026, entitled "NI 43-101 Technical Report on Wapolu Gold Project" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant ‎and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.For more information about Adyton and its projects, visit www.adytonresources.com.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/296192_14300a4ed4b5bb58_003full.jpgForward-looking statementsThis press release includes "forward‐looking statements", including forecasts, estimates, expectations, and objectives for future operations that are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐looking statements and information can generally be identified by the use of forward‐looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements in this news release include plans pertaining to the drill program, the intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems. The forward‐looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.Forward‐looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses, and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely manner; the availability of financing on suitable terms for the development; construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling program; and Adyton's ability to comply with all applicable regulations and laws, including environmental, health and safety laws.Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Adyton's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward-looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of and changes in the costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward‐looking statements. Such forward‐looking information represents management's best judgment based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially. Readers are cautioned not to place undue reliance on forward-looking statements or information. Adyton Resources Corporation undertakes no obligation to update forward‐looking information except as required by applicable law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296192 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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West Palm Beach, FL, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - USPA Global, the company that manages U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), today announced that the global sports brand has delivered a record $2.7 billion in worldwide retail sales in 2025, reflecting strong momentum across global markets, channels, and product categories. U.S. Polo Assn. is advancing toward a long‑term goal of $4 billion in global retail sales and 1,500 branded stores worldwide.Record Growth and Global MomentumU.S. Polo Assn.'s 2025 record-breaking performance was driven by continued expansion across both established and emerging markets. North America, the brand's largest region, delivered steady gains, while strong momentum continued across India, the Middle East, Western Europe, and Latin America. Emerging regions, including Asia Pacific and Eastern Europe, also contributed to meaningful growth for the global multi-billion-dollar brand.India remains the brand's fastest-growing market, where U.S. Polo Assn. is widely recognized as the largest sports-casual menswear brand in the country, with a long‑term path toward $1 billion in retail sales. The brand will also be activating several strategic markets in 2026, including Australia, Poland, Argentina, Brazil, Thailand, Vietnam, and certain African markets.Today, U.S. Polo Assn.'s footprint. spans 190 countries, with some 1,200 U.S. Polo Assn. retail stores, and thousands of other locations, including department stores, specialty retail, sporting goods channels, and e-commerce. U.S. Polo Assn. continues to climb the retail ranks as one of the largest global licensed sports brands in the world, ranking in the top five alongside the NFL, MLB, and NBA, according to License Global's annual ranking."U.S. Polo Assn. experienced another milestone year in 2025, driven by strategic global growth, consistent execution, and the strength of our authentic connection to the sport of polo," explained J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar U.S. Polo Assn. brand globally. "Our performance reflects our winning strategy and deep connection to our sport, which is engaging young consumers all over the world."DTC Expansion and 135th Global CampaignDirect‑to‑consumer channels continued to be a primary growth driver globally, supported by the expansion of U.S. Polo Assn. retail stores, enhanced in‑store experiences, and a growing digital ecosystem."Our direct‑to‑consumer strategy is a powerful global growth engine as we target 1,500 U.S. Polo Assn. stores and 100 digital sites over the long term," Prince added. "By investing in our sport‑inspired retail footprint and branded e‑commerce ecosystem, we are building stronger consumer relationships while advancing the scale, consistency, and long‑term momentum of U.S. Polo Assn."U.S. Polo Assn. expanded and elevated its retail footprint during 2025 by enhancing flagship and key strategic locations worldwide with a more refined, sport‑focused brand concept. These stores are designed to reflect the brand's authentic heritage while delivering a consistent and elevated shopping experience across markets. Each location features thoughtfully curated collections for men, women, and children, supported by updated store design elements, storytelling, and product presentation that strengthen consumer engagement and reinforce the global strength of the U.S. Polo Assn. brand.Further supporting the brand's consumer engagement strategies, U.S. Polo Assn. successfully executed a series of 135th Anniversary global events and brand campaigns for sports fans and consumers in 2025. The U.S. Polo Assn. Anniversary Campaign celebrated the 135th year of the USPA, founded in 1890 and one of the oldest governing bodies of sports in America. These featured activations were executed across major markets such as the USA, India, Europe, Asia, Latin America, and the Middle East. Throughout the year, consumers participated in unforgettable moments with exclusive polo events, in-store events, digital experiences, capsule collections, and collaborations with influencers, polo players, and other athletes, all celebrating the sport's legacy and future.In addition, the brand also delivered continued record growth across digital channels, operating over 60 branded e‑commerce sites in 20 languages. New site launches, including in Norway, Poland, Kuwait, Albania, and Algeria, further contributed to momentum. U.S. Polo Assn. has further expanded its digital presence across the top social media platforms, with over 12 million followers worldwide, demonstrating additional global momentum.Global Sports VisibilityU.S. Polo Assn.'s long‑standing relationship with ESPN, now extended through 2026, continues to elevate global awareness of the sport of polo and its premier events. ESPN broadcasts the U.S. Open Polo Championship®, hosted at the USPA National Polo Center and anchored by legendary ESPN commentator Chris Fowler, bringing the sport to millions of households across linear and digital platforms. Other premier games and the award-winning series, Breakaway, are broadcast on ESPN as well.Globally, U.S. Polo Assn. maintains other landmark broadcast partnerships, including TNT and Eurosport in Europe, Star Sports in India, and BeIn Sports in the Middle East, placing elite polo competitions alongside global sporting properties such as Wimbledon, Premier League Soccer, and the Indian Premier League (IPL) Cricket - significantly expanding the sport's reach across key growth markets and young sports enthusiasts.The USPA National Polo Center (NPC), the sport's premier destination in North America, brought record crowds and sellout Sundays for the 2025-2026 American High-Goal Polo Season, with the best polo in the world from January through April. The stunning venue, owned by the USPA, is situated in beautiful Palm Beach County, Florida, spans 160 acres, and encompasses multiple grass polo fields, fine dining, tennis courts, stadium seating, swimming pool, and the newly renovated USPA Global Flagship Shop. The USPA Shop location is an elevated consumer experience filled with rich polo heritage and fashion, boasting a diverse curated collection of sport-inspired and luxury merchandise. At the centerpiece of the USPA Shop is the "Halo," a 360-degree circular screen that showcases the most exciting polo highlights of the season, for an overall immersive experience.OutlookEntering 2026, the brand is well-positioned for continued growth, supported by global expansion, focused execution, and sustained consumer demand spanning 190 countries worldwide.U.S. Polo Assn. will also execute its Global Polo Shirt Campaign, An Icon Born from the Game™. The global campaign is a powerful tribute to the iconic polo shirt's authentic sports origins and its evolution into one of the world's most enduring style essentials. As the official sports brand of the USPA, U.S. Polo Assn. occupies an authentic place in the history of the polo shirt. Launching globally across 190 countries in 2026, An Icon Born from the Game will come to life through a coordinated, multi‑channel presence designed to make the U.S. Polo Assn. polo shirt unmistakably visible wherever consumers engage with the sport-inspired brand."Our global team and strategic partners delivered exceptional results across retail, digital, product, marketing, and sport initiatives in 2025," said Prince. "I have never been more confident in the trajectory of the U.S. Polo Assn. business as we continue to expand our global footprint and strengthen our leadership position.""With sustained momentum and clear strategic focus, we remain firmly on track toward our long‑term objectives, including surpassing $4 billion in worldwide retail sales, 1,500 U.S. Polo Assn. stores, and 100 U.S. Polo Assn. country-specific digital sites globally," Prince concluded.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, Star Sports in India, and BeIn Sports in the Middle East now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth and sport content. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.For Additional Information, Contact:Stacey Kovalsky - Vice President, Global PR & CommunicationsPhone +001.561.790.8036 - E-mail: skovalsky@uspagl.comKaela Drake - Senior PR & Communications SpecialistPhone +001.561.530.5300 - E-mail : kdrake@uspagl.comSOURCE: U.S. Polo Assn. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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MIAMI BEACH, FL, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - A strategic alliance targeting the $110 billion women-led SME financing gap across Sub-Saharan Africa, deploying tokenized credit, sovereign identity, and AI-driven underwriting to unlock the century's most significant demographic dividend.$16T - Tokenized RWA Market by 2030 · BCG / 21Shares$110B - Women-Led SME Financing Gap · Sub-Saharan Africa4B - Africa's Projected Population by 2100 · UN DESA19 - Africa's Median Age · World's Youngest Continent01. THE OPPORTUNITY The Century's Most Significant Capital Formation EventGlobal structured finance engineered a $12 trillion market serving a North American population of 250 million over the last four decades. Africa home to 1.4 billion people today, set to reach 2.5 billion by 2050 and 4 billion by 2100, represents a capital formation opportunity of incomparably greater magnitude. With a median age of just 19 years, the continent holds the most youthful, fastest-growing workforce in human history.The bottleneck is not ambition, it is credit infrastructure. Of the $330 billion annual demand for SME financing in Sub-Saharan Africa, women entrepreneurs represent one-third — approximately $110 billion that remains entirely underserved by conventional financial institutions. The IFC estimates that 70% of women-owned SMEs in developing economies are either unserved or underserved by formal credit markets, a structural gap that Weritas and Skylean Capital are engineered to close.$330B - Annual SME Credit Demand · Sub-Saharan Africa Of which $110B is women-led — structurally excluded from conventional underwriting due to absent credit history, lack of collateral, and institutional bias.70% - Women-Owned SMEs Unserved by Formal Credit · IFC Across 128 developing economies, the financing gap for women-owned SMEs totals over $1.7 trillion globally, with Sub-Saharan Africa the highest-density opportunity.$832B - Mobile Money Transactions · Africa 2022 · GSMA Africa processes over 70% of the world's mobile money volume. The payment rails exist. The missing layer is structured credit and sovereign identity.$65B - African Fintech Revenue Projected 2030 · McKinsey Sub-Saharan Africa's fintech sector forecast to grow at 10% CAGR through 2030 - faster than any other region globally."The math of the future is being written in Africa. We saw how structured finance created a $12 trillion market for a North American population of 250 million. Now apply that same financial engineering to a continent of 1.4 billion people, growing to 2.5 billion by 2050 and 4 billion by 2100. We are looking at the biggest capital formation opportunity of our century - and the unlock is solving credit for the women who already drive one-third of the $330 billion demand," said Skyler Zhang, CEO, Skylean Capital · Consensus 2026, Miami Beach.02. THE PROTOCOL Web5 Sovereign Intelligence: Identity as InfrastructureThe Weritas protocol is built on Web5 principles — a decentralized identity model that returns ownership of data to the individual, ensuring that as Africa's 1.4 billion citizens enter the global economy, they do so as sovereign data subjects, not data-extracted users. By fusing Web5 decentralized identifiers (DIDs) with AI-driven credit intelligence, Weritas transforms what has historically been called "thin-file risk" into a precision-underwritten credit opportunity.The platform aggregates transactional, behavioral, and psychometric data - with full user consent - through its Credit Intelligence Layer, enabling lenders and institutional capital allocators to underwrite borrowers who have never held a bank account or formal credit product. The Group works with regulated lending partners in East Africa, providing the live loan book that powers the Group's Tokenized Private Credit Program: a tri-tranche tokenized ABS backed by regulated payroll-deducted SME loan portfolios, issued through an internationally domiciled special purpose vehicle."Infrastructure like Ondo's has proven the pipes work for ETFs — but the Weritas protocol is built for the complexity of global credit and human identity. By adopting Web5 principles, we ensure that identity is plural and data is sovereign. When a woman entrepreneur in Nairobi owns her data and our AI verifies her reliability, the risk for global institutions evaporates. That is how we unlock the $110 billion," said Reshmeen Hooda, Chair, Weritas · Consensus 2026, Miami Beach.The protocol's native utility token underpins ecosystem participation, staking, governance, and access to the credit network.03. THE MARKET Institutional Capital Is Already MovingThe tokenized real-world asset (RWA) market which crossed $12 billion in 2024 — is projected by Boston Consulting Group and 21Shares to reach $16 trillion by 2030, representing the single largest asset migration in financial history. BlackRock's BUIDL fund, Franklin Templeton's FOBXX, and Ondo Finance's OUSG have established that institutional appetite for on-chain yield is structural, not speculative.The Weritas/Skylean alliance brings this institutional momentum to bear on the only asset class that combines demographic inevitability with structural underpricing: African frontier credit. With the Group's tokenized credit program structured as a fully regulated, multi-jurisdictional instrument, institutional investors in Toronto, Dubai, Tokyo, and Miami now have a live entry corridor into African private credit for the first time.$16T - Projected Tokenized RWA Market · 2030 · BCG / 21Shares$1.7T - Global Women-Owned SME Financing Gap · IFC / World Bank60% - Global Unbanked Population Located in Africa · World Bank Findex3× - Women's Reinvestment Multiplier · UNDP / Gates Foundation04. BEYOND FINANCE Sovereign Intelligence: The Universal Ledger for Human CapitalThe implications of the Weritas Sovereign Intelligence layer extend well beyond loan books. Because the Web5 architecture grants individuals true ownership and portability of their data, the same protocol stack that underwrites an SME loan in Nairobi can serve as a universal ledger for human capital across healthcare, education, and global mobility.For a continent where 600 million people lack reliable identity documentation (World Bank, 2024), Weritas's DID-anchored sovereign identity infrastructure solves a foundational problem that credit alone cannot address. A woman entrepreneur who today has no credit file, no passport, and no formal employment history can, through the Weritas protocol, construct a verifiable, portable, AI-enriched human identity, one that travels with her as she accesses finance, healthcare, education, and cross-border markets.About Skylean CapitalSkylean Capital is a boutique, women-led venture capital and private equity firm led by CEO Skyler Zhang, specialising in the intersection of traditional structured finance and the decentralised frontier of emerging markets.About WeritasWeritas is a women-led, Web5-enabled real-world asset protocol providing sovereign identity and credit intelligence infrastructure for global structured finance. Chaired by Reshmeen Hooda, Weritas operates across multiple regulated technology and financial entities spanning North America, international financial centres, and East Africa.Media & Investor Contacts:Skylean Capital: press@skyleancapital.comWeritas: partners@weritas.io · weritas.io Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Apr 30, 2026 - (ACN Newswire via SeaPRwire.com) - Since April, Fosun International (HKEX: 0656)’s A-share listed subsidiaries have released their Q1 2026 results. The market views this reporting season as a key window to gauge Fosun’s capacity to restore earnings and deliver profits following risk clearance.In accordance with the principle of prudence, Fosun made one-off non-cash impairment provisions in the 2025 financial year on certain real estate projects with impairment indicators, as well as goodwill and intangible assets of non-core business segments. This move was aimed at sharpening focus on core businesses and high-growth areas. Guo Guangchang, Chairman of Fosun International, described the above strategic decision as “repairing the roof on a sunny day”, steering the Company toward a “leaner, healthier, and more sustainable direction”.According to the Q1 results, Fosun Pharma, a core subsidiary in Fosun’s Health segment, achieved operating revenue of RMB10.073 billion in Q1 2026, representing a year-on-year increase of 6.93%, while net profit attributable to shareholders of the parent reached RMB871 million, representing a year-on-year increase of 13.87%. Excluding non-recurring gains and losses, net profit attributable to shareholders of the parent increased by 21.96% year-on-year.Yuyuan, a core subsidiary in Fosun’s Happiness segment, achieved operating revenue of RMB9.649 billion in Q1 2026, representing a year-on-year increase of nearly 10%, while net profit attributable to the parent company reached RMB157 million, representing a significant increase of 203% year-on-year. In addition, Shede Spirits and Hainan Mining recorded notable earnings growth, with net profits reaching RMB232 million and RMB201 million, respectively, in Q1 2026.Market analysis indicates that the subsidiaries’ Q1 results reflect an overall improving trend, underscoring Fosun’s clear growth trajectory following risk clearance in 2025. Fosun’s fundamentals across pharmaceuticals and healthcare, insurance and finance, and cultural tourism remain solid, while steady recovery in the consumer segment is expected to further sustain growth momentum.Innovative drugs show robust growth momentum, unlocking potential for rapid growth“We have always been committed to pharmaceutical innovation. By continuously strengthening our innovation pipeline, we are accelerating the clinical translation and commercialization of innovative technologies and products. We currently have multiple blockbuster candidates in the pipeline,” said Guo Guangchang. In his 2026 Letter to Shareholders, he repeatedly emphasized the Group’s strategic focus on innovative drugs.Entering 2026, commercialization of Fosun’s innovative drugs is accelerating. On 28 April, Fosun Pharma announced its Q1 2026 results. During the reporting period, the new drug application (NDA) for 4 innovative drugs were accepted, and 14 clinical trial applications for innovative drugs (calculated by approval) were approved by domestic and overseas regulatory authorities. Among them, denosumab injection (HLX14) secured approval in Canada, the NDA for bevacizumab injection (HLX04) was accepted in the United States, and the NDA for foritinib succinate capsules, methoxyetomidate hydrochloride injection, and one additional indication for FUMAINING were accepted by the National Medical Products Administration (NMPA).Overall, these results continue the robust growth momentum of innovative drug recorded in 2025. Results show that in 2025, Fosun Pharma had 16 indications of its 7 innovative drugs approved for marketing in China and overseas markets, while marketing applications for 6 innovative drug candidates were accepted. Revenue from innovative drugs reached RMB9.893 billion, representing a year-on-year increase of 29.59%, bringing the proportion of total pharmaceutical business revenue to 33.16%. As of the end of 2025, nearly 40 innovative drug clinical trials were approved by regulatory authorities in China, the United States and Europe, while multiple core products entered key clinical phases, laying a solid pipeline foundation for future commercial growth.As a benchmark enterprise for Fosun’s innovative drugs, Henlius has achieved rapid progress in innovative drug research and development (R&D) and commercialization since early 2026. In terms of R&D, HANSIZHUANG and HLX07 have both achieved breakthrough advances, and multiple potential “first-in-class” drugs are accelerating into clinical validation stages. Regarding global commercialization, Henlius entered into an exclusive commercialization and co-exclusive development and manufacturing license agreement with Eisai Co., Ltd. for HANSIZHUANG in Japan, with an aggregate potential consideration exceeding USD300 million. Meanwhile a subsidiary of Henlius obtained a Type I Marketing Authorization Holder (MAH) License for Pharmaceuticals from Tokyo Metropolitan Government, laying a solid foundation for further expansion into major Asian and global pharmaceutical markets.Fosun’s innovative pipeline has entered a phase of frequent approvals and accelerated commercialization. R&D investment and market returns are reinforcing each other in a virtuous cycle, providing strong support for sustained earnings growth and enhancing global competitiveness.Fosun subsidiaries across segments post solid results, reinforcing RMB10 billion profit targetThe growth momentum of innovative drugs signals Fosun’s improved performance. Meanwhile, Yuyuan, which was previously affected by impairments on real estate projects, has successfully navigated through the industry adjustment period, strengthening Fosun’s weakest segment.In Q1 2026, Yuyuan recorded net profit attributable to shareholders of the parent of RMB157 million, representing a year-on-year increase of 203%. Although the Q1 net profit remains modest, the strong growth momentum marks a positive turning point in Yuyuan’s operating fundamentals, with subsequent earnings recovery expected to further unfold.Shede Spirits, another subsidiary in Fosun’s consumer segment, has also successfully returned to a growth trajectory. In Q1 2026, it achieved operating revenue of RMB1.481 billion, representing a quarter-on-quarter increase of 106.45%. Meanwhile, its net profit reached RMB232 million, surpassing the net profit of RMB223 million for the full year of 2025.It is worth noting that Hainan Mining in the Intelligent Manufacturing segment delivered remarkable results. Driven by rising downstream demand for energy storage and power batteries, Hainan Mining achieved operating revenue of RMB1.193 billion and a net profit attributable to shareholders of the parent of RMB201 million in Q1 2026, representing a year-on-year increase of 25.13% and a significant quarter-on-quarter increase of 69%. The integrated lithium resource value chain operated steadily, contributing RMB99 million in net profit attributable to shareholders of the parent in Q1 and emerging as a core earnings growth driver. Additionally, the oil and gas business achieved stable production with improved efficiency. During the reporting period, the attributable oil and gas output amounted to 3.1865 million barrel equivalents, representing a year-on-year increase of 15.78%.Profit growth at subsidiaries across multiple segments is accelerating, strengthening market confidence in the certainty of Fosun’s future earnings momentum.Previously, Fosun’s management team clearly set out its medium-term financial roadmap at the 2025 annual results presentation: aiming to gradually restore a profit to the RMB10 billion level, targeting RMB60 billion in cash returns at the group level, bringing group-level total debt down to under RMB60 billion, and striving to achieve an “investment-grade” rating.To illustrate its plan to achieve the “RMB10 billion profit” target, Fosun’s management team explained the “8424” restructuring framework. The “8” corresponds to RMB8 billion in profit from the four core subsidiaries—Fosun Pharma, Yuyuan, Fosun Insurance Portugal, and Fosun Tourism Group; the first “4” reflects RMB4 billion in profit from second-tier subsidiaries such as Hainan Mining and Peak Reinsurance; the “2” represents approximately RMB2 billion in profit from investment-oriented enterprises; and the final “4” refers to a cap of RMB4 billion on group-level costs, including financing expenses. After these “additions and subtractions”, the Group aims to restore a profit level of RMB10 billion.Fosun’s Q1 results across business segments not only met market expectations following its “repair the roof on a sunny day” efforts, but also reinforced confidence in restoring the RMB10 billion profit level. Analysts note that continued innovative drug commercialization, rapid growth in insurance, and stabilization in cultural tourism and consumer businesses position Fosun to further unlock growth momentum. Investors are advised to closely monitor full-year earnings growth and valuation recovery.Backed by confidence in its long-term prospects, Fosun is actively repurchasing shares. Between 30 March, the date of the 2025 annual results announcement, and 27 April, Fosun International cumulatively repurchased 25.41 million shares. According to company announcements, the share buyback program is expected to continue.Recently, leading domestic and international securities firms such as Citi, UBS, Guotai Haitong, and China Securities have published research reports expressing optimism about Fosun’s outlook. Citi highlighted that, based on the improving fundamentals, Fosun International is expected to deliver strong results in 2026. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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Vancouver, BC, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - Transoft Solutions, a global leader in transportation engineering, analysis, and operations software, is pleased to announce that it has acquired CADaptor Solutions Ltd, developers of temporary traffic management software.CADaptor Solutions is based out of Huddersfield, UK and was established over 30 years ago. Their CONE Software solution is used widely in the United Kingdom within the Traffic Management industry to aid in the preparation of temporary traffic control diagrams, route diversion and event management schemes. CONE covers all aspects of temporary traffic management design from simple pedestrian footways through to complex multi-lane highway closures and contra-flows. It is used by wide variety of traffic planning related professionals including Highways Agencies, Utility Companies, Local Government, Traffic Management Companies, Civil Engineers, Consultants, Main Contractors, Crane and Plant hire, Event Management, Airport and Bridge Authorities."We see CADaptor Solutions' temporary traffic management software as a strong strategic fit, with deep alignment to UK standards and a clear role in completing Transoft‘s civil and traffic management portfolio, while providing a solid foundation for expansion into other regions," said Alexander Brozek, Senior Vice President of Transoft‘s Civil Business Unit. "I am pleased to welcome the CONE user community and am looking forward to the CADaptor Solutions team joining Transoft Solutions to strengthen our expertise in this segment."CADaptor Solutions founder and Managing Director Peter Booth, said "We are excited to join Transoft Solutions. Over the past 20 years, CADaptor Solutions has focused mainly on the UK Temporary Road Traffic Industry. By joining forces with Transoft, we look forward to the next chapter where we combine our resources with Transoft‘s global civil and traffic management portfolio providing links and integrations between our respective products."I am proud to have founded CADaptor Solutions and taken our CONE Software product with its wide UK user base to this point. I am confident that Transoft is a great home in which to continue to advance our ethos of providing quality and time-saving products, along with excellent support and training."About Transoft SolutionsTransoft Solutions develops innovative and highly specialized software for aviation, civil infrastructure, and transportation professionals. Since 1991, Transoft has remained focused on safety-oriented solutions that enable transportation professionals to work effectively and confidently. Our portfolio of planning, simulation, modeling, and design solutions are used in over 150 countries serving more than 100,000 customers across local and federal agencies, consulting firms, airport authorities, and ports. We take pride in providing the highest quality of customer support from our headquarters in Canada, and through our offices in Sweden, the United Kingdom, the Netherlands, Australia, Germany, India, Belgium, France, Serbia, Slovenia, Spain, and China.For more information on Transoft's range of aviation, civil design, planning, and transportation safety and operations solutions, visit us at: transoftsolutions.comMedia Contact :Public Relations, Transoft SolutionsEmail: publicrelations@transoftsolutions.comSOURCE: Transoft Solutions, Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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TransNusa Becomes First Indonesian Airline To Be Recognised For Registering Highest Passenger Growth Within Southeast AsiaPT TransNusa Aviation Mandiri (TransNusa) sets a milestone as the first airline to earn an award within such a short time of operations at Changi AirportTransNusa’s becomes first Indonesian airline to win a Changi Airline AwardTransNusa recognised by the international aviation community for the strategic development of its regional network connectivityJAKARTA, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - Three-year old TransNusa, the new aviation player with new rules, has yet again set a new benchmark by securing the top airline award for passenger growth in Southeast Asia.At the annual Changi Airline Award 2026, organised by the Changi Airport Group, TransNusa received the esteemed Top Airline By Absolute Passenger Growth In Southeast Asia award, besting, both Low-Cost Carriers and full-fledged airlines operating within the Southeast Asia region from Changi Airport.The airline, led by prominent aviation veteran, Datuk Bernard Francis, made history as the first Indonesian airline to be recognised by Changi Airport Group for registering the highest passenger growth within the Southeast Asia region. The award reflects TransNusa’s strong performance and rapid growth since commencing operations at Changi Airport on 20 November 2023. It also underscores the effectiveness of TransNusa’s customised business model, which has been instrumental in driving passenger demand and operational successes since the airline’s inception in 2023.TransNusa Group Chief Executive officer, Datuk Bernard Francis said that the award is a worldwide recognition by the international aviation community on TransNusa’s strategic and focused development of a regional network connectivity that has enabled the airline to increase and grow its passenger base.“Our regional and domestic network connectivity expansion is based on the needs and demands of our passengers, among other variables,” said Datuk Bernard, adding that TransNusa had developed new routes specifically to meet the changing needs and demands of its passengers.“We created and introduced new routes from Bali to Manado. We are the first Indonesian airline to have scheduled flight to Guangzhou, China, from three locations in Indonesia, which is Bali, Manado and Jakarta. In fact, we are the second Indonesian airline to operate scheduled flight to China,” Datuk Bernard explained, adding that Datuk Bernard continued that TransNusa will continue to grow and enhance its network connectivity in response to the evolving passenger demands.On the Changi Airline award, Datuk Bernard said that the award recognises TransNusa for its rapid growth and its role in creating and starting new scheduled flight routes while enhancing its regional network connectivity.Datuk Bernard added that the award further reinforces TransNusa’s position as one of the fastest growing airlines in Southeast Asia reflecting the collective efforts of the TransNusa team, the unwavering support of the airline’s partners, and the confidence of its passengers.“TransNusa has always claimed that we provide competitive and quality air travel services and this award acknowledges our commitment towards the affordability, safety and comfort we offer our passengers,” Datuk Bernard further explained.CAG Chief Executive Officer, Yam Kum Weng presented the esteemed award to Datuk Bernard, on April 29, at the award ceremony, which was attended by about 90 airlines and aviation partners.A MOMENTOUS EVENT… Datuk Bernard with the Top Airline By Absolute Passenger Growth In Southeast Asia awardTransNusa, started its operations in 2023, under the leadership of Malaysian-born Datuk Bernard. The airline created history by launching its first international scheduled flight within six months of operations. TransNusa, which operates on a customised business model, which was spearheaded and developed by Datuk Bernard, was the first in the region to rebrand itself as a Premium Service Carrier on 14th April 2023 in conjunction with the launch of its first international scheduled flight from Jakarta to Kuala Lumpur, Malaysia. In the same year, TransNusa launched scheduled flights between Jakarta and Singapore on 20 November, 2023.Meanwhile, on the domestic front, the airline rebranded itself as a Premium Service Carrier on 1 April, 2025. Following its rebranding, TransNusa operates as a premium air service provider focusing on passenger comfort, flexible booking options (Seat, Seat-Plus, Flexi-Pro), and offering meals and more legroom.TransNusa’s SEAT passengers will enjoys check-in baggage of 20kgs, over and above the 7kgs limit offered as a passenger’s hand carry. For the highest package, FLEXI-PRO, TransNusa increased its baggage allowance to 30kgs, free to choose seats, free food, and drinks, and priority boarding. In addition, TransNusa also provides its FLEXI-PRO passengers with the flexibility to change their flight schedule without restrictions and obtain refund.About TransNusaTransNusa Airline, is a Premium Service Carrier. In February 2024, the airline rebranded itself to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022.In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta and Bali.On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur, Perth, Shanghai, and Shenzhen. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model. Passengers can book their flights on the TransNusa website at www.transnusa.co.id, through any secure online travel agent, through authorized travel agents in Singapore and Indonesia.Primary International Media Contact:Trina Thomas RajMobile: +6012 4992672E-mail: trina@myqaseh.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - The traditional Chinese medicine (TCM) decoction pieces sector continues to expand steadily, while its industry structure evolves toward greater standardization and consolidation.Against this backdrop, Sichuan Neautus Traditional Chinese Medicine (Pieces) Co., Ltd. (“Neautus”) has completed its filing with the China Securities Regulatory Commission (CSRC) for overseas issuance and submitted its listing application to the Hong Kong Stock Exchange on April 30, 2026. The development marks a meaningful step in bringing a traditionally fragmented industry closer to capital markets, with increasing investor focus on sustainable growth, operational discipline, and cash flow quality.Scale and Standardization Position Leaders to BenefitDespite its large market size, estimated at around RMB 300 billion, the TCM decoction pieces industry remains relatively fragmented, leaving substantial room for consolidation. As regulatory standards continue to improve and healthcare procurement systems become more structured, competition is increasingly centered on supply chain capability, production standardization, quality control, and distribution efficiency.In this environment, companies with established scale and standardized production systems are well positioned to benefit from ongoing industry upgrades. As standardization deepens and regulatory oversight strengthens, these advantages are expected to translate into gradual and sustained market share gains.Sustained Growth with Strengthening ProfitabilityNeautus has delivered sustained revenue growth in recent years, with revenue increasing from RMB 1.146 billion in 2023 to RMB 1.335 billion in 2025.Profitability has also improved alongside revenue expansion. Net profit for 2025 reached approximately RMB 106 million, while adjusted net profit, excluding listing-related expenses, rose to around RMB 127 million.In the TCM decoction pieces sector, margins are generally stable rather than high, with profitability primarily driven by scale efficiency, cost control, and operational execution. Neautus’ performance reflects effective expansion under this model, supporting more sustainable and consistent profit growth while maintaining a well-balanced alignment with the needs of the healthcare system and ensuring stable and reliable supply to medical institutions.Cash Flow Improvement Reinforces Earnings QualityThe company’s operating cash flow has improved significantly, rising from RMB 74.85 million in 2023 to RMB 154 million in 2025.This trend highlights strengthening cash generation and improving earnings quality. The ability to translate revenue growth into operating cash flow is a key indicator of operational efficiency and financial discipline, and provides a solid foundation for future expansion.Enhanced cash flow also supports greater financial flexibility, enabling the company to invest in capacity, quality systems, and channel development while maintaining balance sheet stability.Disciplined Financial Structure Supports Sustainable GrowthNeautus maintains a balanced and disciplined financial structure. Accounts receivable have grown broadly in line with revenue and remain predominantly short-term in nature, with minimal long-aging exposure, indicating strong collection capability and customer quality.At the same time, payables have remained stable, suggesting that the company has not relied on extending supplier credit to support growth. This reflects a measured and sustainable approach to working capital management.Leverage levels have also improved, with the gearing ratio declining to 47% in 2025. Overall, the company’s financial profile demonstrates prudent risk management while supporting continued business expansion.Cost Management Capability Enhances ResilienceIn recent years, elevated raw material prices have increased cost pressure across the TCM decoction pieces industry, placing greater emphasis on procurement capability and operational efficiency.Companies with stronger scale advantages are typically better positioned to manage such volatility, benefiting from improved bargaining power and cost control. Neautus’ ability to sustain growth during periods of higher input costs reflects operational resilience and effective cost management.As raw material prices gradually stabilize, the industry may enter a phase of margin recovery, with companies that have established scale and efficiency advantages potentially seeing further improvement in profitability.Leadership and Strategic PositioningNeautus’ management team combines deep industry experience with technical expertise. Founder Jiang Yun has extensive experience in the pharmaceutical sector and was an early participant in advancing GMP-based production systems for TCM decoction pieces.He has also been actively involved in industry standard-setting, including serving on the 10th Chinese Pharmacopoeia Committee. His contribution to the development of a DNA-based identification system for Chinese medicinal materials, now incorporated into the Chinese Pharmacopoeia, reflects a long-term focus on standardization and quality control.At the management level, Jiang Ercheng, with a biochemistry background from the University of California, Los Angeles and Hong Kong Baptist University, is involved in research and strategic initiatives.This combination of operational depth and standardization expertise may support the company’s strategic positioning as the industry continues to consolidate and move toward higher regulatory and quality standards.Capital Market Progress Signals Industry MomentumThe TCM decoction pieces sector is supported by stable demand fundamentals, significant market size, and increasing regulatory standardization. At the same time, relatively low industry concentration continues to provide room for leading enterprises to expand.In this context, Neautus’ listing progression represents not only an important corporate milestone but also a broader signal of the sector’s accelerating integration with capital markets.Looking ahead, the company appears to be building a balanced development profile across growth, profitability, and cash flow. As industry consolidation advances and standardization deepens, companies with scale, operational discipline, and financial strength are expected to play an increasingly prominent role, with long-term value gradually becoming more visible to the market. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

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MANILA, May 6, 2026 - (ACN Newswire via SeaPRwire.com) - The Philippines’ energy market comes together once again as Solar & Storage Live Philippines 2026 returns to Manila’s SMX Convention Center on 19-20 May 2026. As the country’s largest clean energy event, this free-to-attend exhibition and conference will welcome over 18,000 energy professionals, alongside 350+ sponsors and exhibitors and 150+ speakers across the solar, energy storage, and wider power ecosystem.Over the past decade plus, Solar & Storage Live Philippines has grown into the central annual meeting point for the Philippines’ solar and energy storage industry, bringing together developers, EPCs, installers, utilities, large energy users, policymakers, investors solution providers and more under one roof. As the Philippines accelerates solar deployment, the 2026 edition provides a timely platform to connect supply with demand, ideas with execution and policy with real-world projects.The event is supported by leading industry organizations across the energy sector, including ASIP, CREST, ENPAP 4.0, IIEE, IPPF, PSSEA, The CentRE, UPEEP, and many more, ensuring strong representation across the ecosystem.Paul Clark, Managing Director of Terrapinn Pte Ltd, shared: “The response to this year’s Solar & Storage Live Philippines has been incredible. There’s more interest in ever before on the opportunities in the Filipino market and there’s no better place to explore how you can be a part of it. Thousands of registrations are pouring in from across the industry, all joining us at the premier marketplace for solar and energy storage solutions in the Philippines. The importance of energy security is front-of-mind for experts across the world right now – and we’re delighted that Solar & Storage Live Philippines can help contribute to that debate. Join us in Manila and make in-person connections that can change the game – it’s going to be our biggest and best yet!”What to expect at Solar & Storage Live Philippines 2026:350+ sponsors and exhibitors, showcasing the latest technologies across PV modules, inverters, battery energy storage systems (BESS), mounting structures, components, and smart energy solutions.150+ expert speakers, featuring leaders from organizations including TransCo, Meralco, AboitizPower, TotalEnergies and many more, across multiple conference tracks covering Large Scale Solar, C&I Rooftop Solar, Energy Storage & Batteries, Residential Rooftop Solar, EVs & EV Infrastructure, Rural Electrification, and Future Energy.C&I solar and energy storage deployment case studies, exploring how businesses are unlocking ROI through onsite solar, hybrid systems, and energy storage.Utility-scale solar & grid integration insights, examining how large-scale solar and storage projects are financed, built, and integrated to meet growing energy demand.Expert-led workshops, giving practical knowledge on system design, BESS integration, installation best practices, safety standards, and troubleshooting at the Solar Installer University.Solar & Storage Live Philippines 2026 continues to play a critical role in supporting the country’s energy ambitions by providing a platform where business, policy, and technology converge.Whether sourcing new solutions, exploring partnerships, or gaining insights into market developments, the event remains a must-attend for anyone involved in the Philippines’ solar and energy storage market.For more information and to register for the event, please visit: https://www.terrapinn.com/SSLPH-ACN-PRAbout Solar & Storage Live PhilippinesSolar & Storage Live Philippines is the leading event dedicated to advancing the adoption of solar and energy storage technologies in the Philippines. Organized annually, the event brings together industry stakeholders, policymakers, investors, and innovators to exchange ideas, share best practices, and drive collaboration towards a sustainable energy future.About TerrapinnTerrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change.Terrapinn – spark something. https://www.terrapinn.com/Press attendance is complimentary. Enquiries should be directed to:Judith SohMarketing ManagerTerrapinn Pte LtdJudith.Soh@terrapinn.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com