SINGAPORE, May 31, 2026 - (ACN Newswire via SeaPRwire.com) - Managing overseas expenses while maintaining a stable monthly budget can feel challenging, especially for individuals and families based in countries like Singapore, where the cost of living can be already high. Whether the expense is linked to education, medical needs, travel, or supporting family abroad, the financial impact can quietly spill into day-to-day finances if left unplanned. This is where thoughtful budgeting approaches like Personal Loans may help balance immediate overseas needs with regular monthly commitments, without creating unnecessary financial strain.If you are wondering how to manage your expenses overseas without hampering your monthly budget, here are some tips that might help you:Understanding the nature of overseas expensesOverseas expenses often come with layers that go beyond the headline cost. Apart from the primary payment, there may be foreign exchange mark-ups, international transfer fees, and timing mismatches between income and expenditure. For example, a one-time overseas education payment of SGD 15,000 may seem manageable on paper, but exchange rate fluctuations and bank charges might push the final outflow higher. Understanding these hidden elements early can help individuals anticipate the real impact on their monthly budget and plan accordingly.Using Personal Loans as a structured financing optionPersonal Loans may help convert large overseas expenses into predictable monthly instalments. Instead of relying on credit cards with higher interest rates on late payments, a personal loan may offer a clearer repayment structure and fixed tenure. For example, a personal loan of SGD 20,000 spread over 24 months might translate to a monthly repayment of approximately SGD 900, depending on interest rates. This approach can help integrate overseas spending into the monthly budget in a more controlled manner, without disrupting regular financial commitments.Managing currency and transfer costs effectivelyCurrency exchange plays a quiet but important role in overseas spending. Even a small difference in exchange rates can affect large transactions. A 1.5% difference on a transfer of SGD 10,000 can mean an additional SGD 150 in cost. For example, waiting for a favourable movement of even 0.5% on an SGD 10,000 transfer can help reduce costs by around SGD 50. Exploring remittance options, monitoring exchange rates, and carefully timing transfers can help reduce unnecessary expenses. This approach works particularly well for non-urgent overseas expenses with flexible payment windows. When paired with structured repayment tools like personal loans, this strategy may help smooth cash outflows while reducing exposure to currency fluctuations.Avoiding overlap with short-term financial goalsOverseas expenses can sometimes clash with short-term goals such as emergency savings, insurance premiums, or planned lifestyle upgrades. Redirecting all available funds toward overseas commitments may create gaps elsewhere. Breaking down overseas expenses into manageable portions, supported by tools like Personal Loans may help maintain progress toward these goals. For instance, continuing to set aside SGD 300-400 monthly for savings while servicing an overseas expense can preserve financial balance without over-stretching resources.Creating a balanced long-term approachManaging overseas expenses without disrupting a monthly budget often comes down to balance rather than the elimination of costs. Thoughtful planning, realistic timelines, and financing options, such as Personal Loans, can help distribute the impact over time. By aligning overseas payments with income patterns, accounting for hidden costs, and preserving room for everyday needs, individuals can navigate international financial responsibilities while keeping their monthly budget steady and sustainable.Set aside overseas expenses in a separate account for regular paymentsCreating a separate bank account or sub-account specifically for these regular overseas commitments can help keep the main monthly budget more predictable. By transferring a fixed amount (for example SGD 800-1,200 each month) overseas payments remain clearly visible and easier to manage. Over time, this separation can help reduce overlap with daily expenses, such as rent, utilities, or groceries, while also making it simpler to track how much of the recurring overseas obligation has already been covered.This approach tends to be more suitable for individuals who have recurring or ongoing overseas payments, such as monthly family support, education-related instalments, or periodic medical expenses, rather than one-time international spends.Managing overseas expenses without unsettling a monthly budget often comes down to structure, visibility, and timing rather than drastic financial changes. For instance, handling regular international payments and aligning these commitments with predictable cash flows can help maintain stability across everyday expenses. Approaches such as Personal Loans, planned transfer schedules, and separate accounts can help distribute the impact of overseas payments over time. With periodic reviews and realistic repayment planning, overseas financial responsibilities can remain manageable.Disclaimer: This content is published by iQuanti Singapore Pte Ltd, an external marketer engaged and compensated by UOB Ltd.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, May 31, 2026 - (ACN Newswire via SeaPRwire.com) - As Unitree Robotics advances its STAR Market IPO to a key review stage, the asset revaluation and profit upside arising from Shoucheng Holdings (00697.HK)’s participation in robotics-sector investments through industrial funds have become a focus of market attention. Public information shows that Unitree Robotics’ STAR Market IPO is scheduled to be reviewed at a listing committee meeting on June 1. Industry observers believe that, if Unitree Robotics successfully enters the public-market pricing stage, it will provide a clearer valuation benchmark for related robotics assets and may further feed through to Shoucheng Holdings’ asset base, profit performance and net asset value.Recent financing enthusiasm in the robotics sector has continued to rise, also providing an industry backdrop for the revaluation of related assets. Earlier reports by Securities Times showed that, in the first quarter of 2026, more than 50 financing deals were disclosed in China’s embodied-intelligence sector, with cumulative financing of around RMB 20 billion, representing year-on-year growth of nearly 60%. Companies including Unitree Robotics, Galbot, Agibot, Xinghaitu and Deep Robotics have entered the RMB 10 billion valuation tier. Market participants believe that, as the valuation midpoint of the robotics sector gradually moves upward, the implied value of Shoucheng Holdings’ related investment assets may become easier for the market to reprice, expanding the room for imagination around investment returns and profit upside.It is worth noting that Shoucheng Holdings’ overall investment in the robotics sector and its book performance are already supported by data. Kang Yu, the company secretary of Shoucheng Holdings, previously disclosed that, as of the end of 2025, Shoucheng Holdings had invested more than RMB 2 billion in the broader robotics industry chain through multiple industrial funds under management and consolidated funds. The valuation of the related investment portfolio had increased by around four times, corresponding to book unrealized gains of approximately RMB 8 billion. This means that Unitree Robotics’ listing does not merely open a window for a single project; rather, it represents a typical example of Shoucheng Holdings’ robotics assets entering a stage of value verification and realization.With respect to the Unitree Robotics project specifically, public information shows that Shoucheng Holdings participated in the investment through the Beijing Robotics Industry Development Investment Fund. The fund held approximately 3.8262% of Unitree Robotics before the offering and about 3.44% after the offering. Based on the assumption that the new share issuance will be no less than 10% of the post-issuance total share capital, Unitree Robotics’ post-issuance valuation would be no less than RMB 42 billion. On this basis, the equity interest in Unitree Robotics held by the Beijing Robotics Industry Development Investment Fund would be worth approximately RMB 1.445 billion. If Unitree Robotics’ subsequent valuation rises to RMB 50 billion or RMB 60 billion, the value of this equity interest would be approximately RMB 1.720 billion and RMB 2.064 billion, respectively. Although the above calculations refer to the value of the fund-level shareholding and do not equate to all gains that Shoucheng Holdings can directly recognize, they already provide the market with a clearer reference for assessing the potential value of its robotics investment assets.From an asset perspective, Unitree Robotics’ IPO will provide a clearer valuation anchor for Shoucheng Holdings’ related robotics investments. Once Unitree Robotics enters the public market, its market capitalization performance, liquidity and comparable peer valuations will offer a more direct pricing reference for the robotics assets held by Shoucheng Holdings through its funds.From an earnings perspective, after Unitree Robotics is listed, if the related investments are measured at fair value, changes in its public-market price may be reflected in Shoucheng Holdings’ fair-value changes or investment income. In the first quarter of 2026, Shoucheng Holdings recorded revenue of HKD 327 million and net profit attributable to shareholders of HKD 78.53 million. Excluding relevant one-off gains, net profit attributable to shareholders increased by around 18% year on year. Against the existing profit base, if robotics investment projects subsequently generate valuation revaluation or income recognition, they would help enhance the company’s earnings and further highlight the profit elasticity of its investment segment.From a valuation-framework perspective, Shoucheng Holdings has historically been viewed more as a company related to infrastructure asset operations, parking asset management and the REITs ecosystem, with a certain asset discount often embedded in its valuation. As robotics investment assets gradually gain public-market pricing, the company’s net asset structure is expected to exhibit more technology-growth attributes. When assessing Shoucheng Holdings, the market may not only refer to the PB ratio, cash flow and dividend and share-repurchase capacity of traditional asset-operating companies, but also focus on NAV revaluation, investment-income elasticity and the option value of technology-growth assets.Institutional views also reflect market attention from another angle. CICC previously maintained its "outperform" rating on Shoucheng Holdings and once raised its target price to HKD 3.3, mainly taking into account shareholding-structure optimization and the continued release of positive factors from robotics-industry development. Analyst expectations compiled by various financial data platforms show that the average target price for Shoucheng Holdings ranges from approximately HKD 2.66 to HKD 2.753, with the highest target price reaching HKD 3.30.Market observers believe that the recent value-recovery logic for Shoucheng Holdings mainly comes from two aspects. First, the accelerated capitalization of portfolio companies such as Unitree Robotics has improved the transparency of related investment assets and created a potential value-realization window for the company. Second, the company has continued to pursue share repurchases, conveying management’s confidence in the company’s long-term value to the market. As robotics investments enter the stage of financial validation, the resonance between industrial-investment elasticity and shareholder-return mechanisms is further strengthening market expectations for valuation recovery.Overall, the significance of Unitree Robotics’ IPO progress for Shoucheng Holdings is no longer merely the heating up of a robotics theme, but the gradual formation of a foundation for financial transmission. Public-market pricing is expected to increase the visibility of related investment assets, while fair-value changes, investment-income recognition or subsequent exit distributions may open up earnings-side elasticity. At the same time, improved asset transparency will also help the market reassess the quality of the company’s net assets and its valuation framework. For Shoucheng Holdings, robotics investment is moving from industrial deployment toward the stage of value verification. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) marks its 60th anniversary today with the launch of its first celebratory initiative. Its flagship retail platform – Design Gallery – is rolling out the “Design Gallery on the Move” campaign, showcasing original Hong Kong brands and design products to residents and visitors over three weeks (29 May to 18 June) and highlighting the creativity, diversity and vibrancy of Hong Kong design.Professor Frederick Ma, HKTDC Chairman, said: “For six decades, the HKTDC has grown alongside Hong Kong enterprises, guided by a steadfast belief in proactively ‘going global’ and leading Hong Kong businesses to expand globally. As early as 1967, we travelled to Africa to promote Hong Kong products, converting a cargo truck into a mobile exhibition. Later, when we led the Hong Kong toy industry to participate in the renowned Nuremberg International Toy Fair in Germany but were unable to secure exhibition space, we set up a temporary showroom outside the venue using the same approach, bringing Hong Kong toys onto the international stage. This flexible, resilient and can-do attitude embodies the Lion Rock spirit of Hong Kong.”He added: “The ‘Design Gallery on the Move’ campaign carries forward this original vision by bringing original Hong Kong brands into local communities across the city and showcasing the creativity and strengths of local SMEs. Looking ahead, the HKTDC will continue to tell the story of Hong Kong brands and design, staying true to our mission over the past 60 years.”Six thematic zones take diverse Hong Kong design into the communityThe campaign features 36 Hong Kong brands and over 60 products, spanning six thematic zones: DG Delights – Hong Kong themed, DG Discover, DG Delights – IP, DG Green, DG Luxe, DG Silver Market & DG Mini. The mobile exhibition will tour 16 locations across Hong Kong, enabling residents and visitors to discover the unique stories behind different local brands. A wide range of products will be on display. Visitors can purchase their favourite items at Design Gallery’s physical stores or online. During the campaign period, customers shopping at the online store will receive discount coupons.To celebrate the HKTDC’s 60th anniversary, Design Gallery is also launching a series of promotional offers, including the “60 items at 40% off” campaign at its Wan Chai Convention and Exhibition Centre store from May to July, featuring 20 selected items each month across categories such as gifts, homeware and fashion accessories etc. Design Gallery promotes around 400 Hong Kong brands annually.Event series celebrates HKTDC’s 60th anniversary with the communityThe HKTDC will roll out a series of themed initiatives to mark its 60th anniversary, including “Catch the 60th Anniversary-themed Tram”, “HKTDC’s 60th Anniversary Celebration – Next 60 Forum”, “HKTDC’s 60th Anniversary Cocktail Reception”, a special giveaway campaign during the Hong Kong Book Fair, a community art co-creation event and the “HKTDC 60th Anniversary Exhibition”. These initiatives span exhibitions, community engagement and industry activities, continuing to support Hong Kong enterprises and celebrating this important milestone together with the community.Photo download: https://bit.ly/4uyQBBvHKTDC’s flagship retail platform Design Gallery launches the “Design Gallery on the Move” campaign, showcasing Hong Kong original brands and design products. Professor Frederick Ma, HKTDC Chairman, and Sophia Chong, HKTDC Executive Director, group photo with brand representatives at the launch ceremony.The campaign features 36 Hong Kong brands and over 60 products across six thematic zones, demonstrating the diversity of Hong Kong design in culture, innovation and sustainability.Professor Frederick Ma, HKTDC Chairman, and Sophia Chong, HKTDC Executive Director, tour the exhibition at the launch ceremony.Websites“Design Gallery on the Move” activity schedule: https://bit.ly/4fHoU4QHKTDC’s 60th Anniversary Celebration Activities: https://60.hktdc.com/en/activitiesDesign Gallery Online Shop: https://dghk-eshop.hktdc.com/HKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesHKTDC’s Communications & Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgNavin LawTel: (852) 2584 4525Email: navin.cm.law@hktdc.orgWinnie KanTel: (852) 2584 4055Email: winnie.wy.kan@hktdc.orgAbout Design GallerySince its establishment in 1991, Design Gallery has been dedicated to promoting Hong Kong’s creative design and supporting the development of local SMEs by showcasing the latest products by Hong Kong designers and brand manufacturers to a global audience. It serves as an exceptional retail platform to test new designs and brands, as well as a perfect launchpad for building brand awareness among an international clientele. Design Gallery also provides comprehensive product and trade advisory services, connecting buyers with suppliers and creating new business opportunities for Hong Kong’s design industries. Currently, Design Gallery operates physical stores at the Hong Kong Convention and Exhibition Centre and Hong Kong International Airport, and launched its online store in 2021 to offer more flexible and sustainable sales channels. To support Hong Kong businesses expand into the Chinese Mainland and overseas markets, Design Gallery has been active on major mainland e-commerce platforms since 2010, promoting some 400 brands annually. It also operates 72 sales points across 27 mainland cities, including over 30 locations in the Greater Bay Area. Last year, Design Gallery expanded into ASEAN markets, enabling Hong Kong brands to reach a broader international customer base through cross-border e-commerce. At present, some 400 Hong Kong brands are promoted each year through its online and offline platforms.About HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
KUALA LUMPUR, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - ONE COMPANY, a foundation registered with SSM, the Companies Commission of Malaysia, today unveiled ONE WALLET, a Telegram-native Web3 wallet built on the TON blockchain. The foundation also published ONE WALLET Whitepaper V1.0, detailing the product, security architecture, and the utility model of its $1 token.ONE WALLET targets the gap between custodial exchange wallets — easy but centrally controlled — and self-custody wallets, which are powerful but ask mainstream users to memorize twelve-word seed phrases and install separate apps. ONE WALLET inverts that order: users open Telegram, complete a lightweight device check, and transact. There is no seed phrase to write down and no app to download.At the core is a 2-of-3 Shamir Multi-Share custody model. A user's signing key is split into three shares — held by the device, the user's Telegram account, and an offline recovery share. The wallet is designed so that no single party, including ONE WALLET, can move funds alone: any two shares are combined briefly on the user's device to sign a transaction, then discarded. Any one share alone cannot reconstruct the key.As a foundation-led initiative, ONE COMPANY frames ONE WALLET as the financial entry point to a broader digital ecosystem spanning fintech, AI, games, travel, and information services built on blockchain. The foundation's stated mandate includes research and education for Web3, user protection and transparency, and regulatory-compliance systems."Most people will never write down a seed phrase, and they shouldn't have to," said James Kim, CEO of ONE COMPANY. "Our job as a foundation is to make self-custody feel as natural as sending a message — and to do it with security that's honest about its boundaries. Opening private testing and publishing our whitepaper on the same day is a deliberate choice: we want users, partners, and regulators reading the same document."ONE WALLET's roadmap moves from the core wallet (multi-chain send, receive, and swap) to a QR-based payments rail with merchant settlement, followed by the $1 token utility layer and an ecosystem of partner mini-apps. Whitepaper V1.0 is available in English, Korean, Japanese, and Chinese.About ONE WALLETONE WALLET is a Telegram-native, keyless Web3 wallet built on the TON blockchain. It replaces seed-phrase backups with a 2-of-3 Shamir Multi-Share custody model and is designed to combine a wallet, a QR-based payment rail, and the $1 token ecosystem in a single Telegram Mini App. Whitepaper V1.0 is available in EN, KO, JA, and ZH.About ONE COMPANYONE COMPANY is a foundation registered with SSM, the Companies Commission of Malaysia, with offices in Kuala Lumpur. It develops and operates a global digital platform integrating digital wallet, fintech, AI, games, travel, and information services based on blockchain technology. ONE WALLET is its flagship consumer product.Social Links:Telegram: https://t.me/onedollar_projectX: https://x.com/one_wallet_YouTube: https://www.youtube.com/@One_Wallet_OfficialFacebook: https://www.facebook.com/ONE WALLET.official/Media ContactBrand: ONE COMPANYContact: Media teamWebsite: https://ONE WALLET.store Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - Driven by national industrial policy support and the comprehensive upgrading of public health needs, China’s biopharmaceutical industry has entered a new stage of high-quality and rapid growth. Autoimmune and allergic diseases are prevalent chronic conditions requiring long-term intervention, with enormous unmet clinical medical needs.According to Frost & Sullivan, the global autoimmune disease drug market is expanding steadily, estimated to increase from US$138.9 billion in 2024 to US$176.7 billion in 2030, with a CAGR of 4.1%. By contrast, China’s market demonstrates explosive growth momentum. The market size in China is estimated to surge from US$5.1 billion in 2024 to US$19.0 billion in 2030, with a remarkable CAGR of 24.5%, far outpacing the global average and embracing vast market opportunities.LongBio Pharma (Suzhou) Co., Ltd. ("Longbio Pharma" or the "Company", Stock Code: 01779.HK), a leading player in the sector, officially launched its Public Offering on 28 May, marking the final countdown to its Hong Kong listing. The Company is poised to embark on a new chapter of commercialisation and scaled development empowered by the capital market. Focused on Premium Therapeutic Track, Premium Innovative Pipeline Builds Core BarriersFounded in 2020, Longbio Pharma is a clinical-stage innovative biopharmaceutical company with full in-house capabilities for drug discovery and development, focusing on allergic and autoimmune diseases. Since inception, the Company has consistently prioritised unmet clinical needs and specialised in differentiated innovative tracks, building a well-structured, tiered and high-potential innovative product pipeline.The Company has established a three-tier product layout featuring breakthrough core product + leading flagship product + robust pipeline reserves. Its portfolio includes core product LP-003 and flagship product LP-005, alongside multiple innovative drug candidates covering high-value indications such as allergic diseases and complement-mediated autoimmune diseases, underpinning promising long-term growth prospects.Longbio Pharma’s core product LP-003 is a differentiated Anti-IgE monoclonal antibody with an innovative sequence design. It precisely targets the core pathogenesis of allergic diseases, indicated for the targeted treatment of seasonal allergic rhinitis (AR), chronic spontaneous urticaria (CSU), allergic asthma, chronic rhinosinusitis with nasal polyps (CRSwNP) and food allergies. Its primary function is to specifically block free IgE in human blood and tissues, and thus inhibiting the occurrence of IgE-driven allergic reactions.Compared with conventional therapies, LP-003 efficiently binds to free IgE and prohibits those excessive IgEs from binding to the high-affinity IgE receptor, FcεRI. Boasting a precise mechanism of action, strong targeting capability and a broad spectrum of indications, it delivers distinct competitive edges and substantial market potential. Clinical data have fully validated its robust product strength. As at the Latest Practicable Date, Longbio Pharma has initiated eight clinical trials in China for LP-003, of which two have been completed and the other six are still ongoing. Top-line results from the Phase II clinical trial for CSU showed that LP-003 demonstrated promising efficacy (fast onset of action, good efficacy and long-acting) compared to omalizumab in the treatment of CSU. LP-003 also showed favorable efficacy and safety profile in its Phase II clinical trial for moderate-to-severe seasonal AR that is inadequately controlled by standard treatment. A Phase III clinical trial for the treatment of seasonal AR is currently underway in China.With the steady advancement of clinical trials and continuous release of key clinical data, LP-003 is expected to reshape the treatment landscape for allergic diseases and fill the domestic market gap for high-efficiency, long-acting differentiated anti-IgE drugs. Upon commercialisation, it is set to capture a substantial share of the allergic disease treatment market and become a core driver of the Company’s performance growth.LP-005, the Company’s flagship product, is the first innovative drug developed on its Bi-functional Antibody Development Platform and a bi-functional antibody fusion protein targeting C5 and C3b complement. By acting on multiple key nodes in the complement cascade simultaneously, it comprehensively blocks complex pathological mechanisms of diseases and achieves synergistic multi-pathway inhibition. Outperforming conventional single-target drugs in therapeutic potential and indication coverage, it boasts prominent technological and clinical value.LP-005 has obtained IND approvals in China for various indications, including paroxysmal nocturnal hemoglobinuria (PNH), complement-mediated kidney diseases (including but not limited to IgAN, C3G and LN), and other complement related indications, covering a range of major diseases with high clinical demand and limited curative options.The Company is steadily advancing several clinical trials of LP-005 for PNH and complement-mediated kidney diseases. Interim data from Phase II clinical trial (CTR20242478) have yielded encouraging results. From the data collected, LP-005 has shown encouraging efficacy in PNH patients, including two PNH patients who were previously treated with omalizumab but inadequately controlled, still have benefitted continuously from LP-005 treatment throughout the trial period. LP-005 demonstrated favorable safety and tolerability in the Phase I study in China involving healthy subjects, laying a solid foundation for subsequent large-scale clinical development and commercial application.With continuous breakthroughs in clinical trials, LP-005 is expected to become China’s first novel multi-target complement drug, filling the huge unmet medical need for refractory autoimmune diseases and securing a first-mover advantage in the complement inhibitor segment. It will open up a new growth curve for the Company.While advancing its core and flagship products, Longbio Pharma continues to expand its pipeline reserves to sustain long-term growth. The Company has developed multiple promising candidates, including LP-00A, a bi-functional autoimmune antibody targeting allergic diseases, LP-00C, a bi-functional B-cell inhibitor targeting B-cell mediated autoimmune diseases and LP-00D, a bi-functional antibody or fusion protein complement inhibitor optimized for specific tissues/organs and indications. The diversified pipelines currently in development precisely target segmented disease areas, forming a rich and diverse pipeline that underpins the Company’s sustained innovation and steady growth.Self-developed Technology Platforms Empower R&D Strength for Long-term InnovationInnovative technology platforms are the cornerstone for biopharmaceutical enterprises to continuously deliver high-quality pipelines. With years of expertise in innovative drug R&D, Longbio Pharma has built two proprietary, industry-leading technology platforms: the High-Affinity Antibody Discovery Platform and the Bi-functional Antibody Development Platform. Supported by standardised and systematic R&D workflows, the platforms empower the entire process of candidate drug early discovery and structural optimisation, establishing a solid technical barriers.The two core R&D platforms cover key links across the biologic drug development value chain. They enable early identification and mitigation of potential risks in clinical development and industrial production. Leveraging platform strengths, the Company efficiently screens high-value candidates with clinical value, cost advantages and commercial potential, achieving optimal allocation of R&D resources and sustainable delivery of premium pipeline products.The High-Affinity Antibody Discovery Platform features industry-leading antibody screening and optimisation capabilities. Compared with conventional R&D technologies, it significantly enhances the targeting affinity, specificity and stability of antibody drugs. LP-003, developed via this platform, achieves iterative superiority over traditional analogue drugs in efficacy and targeting performance, validating the platform’s technological advancement and reliability.The Bi-functional Antibody Development Platform breaks the structural limitations of conventional single-target antibodies. It features structural flexibility, broad applicability, high druggability and strong scalability, enabling rapid development of multi-target and multi-mechanism innovative drugs to address complex autoimmune conditions. Pipeline candidates including LP-005, LP-00A, LP-00C and LP-00D are all developed on this platform, demonstrating its robust sustainable output capacity.Backed by its proprietary core technology platforms, Longbio Pharma has built an proprietary innovative drug R&D system, covering target discovery, molecular optimisation, preclinical research and clinical development. The Company has achieved full independence in R&D and freed itself from external technological reliance. Supported by favourable industry policies, expanding market demand and continuous technological breakthroughs, the Company’s pipeline value keeps unlocking with clear growth logic and strong momentum.Overall, Longbio Pharma is strategically positioned in the high-growth autoimmune and allergy track. With a portfolio of differentiated core candidates and self-built cutting-edge R&D platforms, it has established solid and profound competitive barriers.Following its Hong Kong listing, the Company will leverage capital market resources to accelerate the translation of innovative achievements and expand industrial boundaries. It is well-positioned to continuously capture market opportunities in segmented sectors, fully unlock growth potential and boast promising long-term development prospects. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
SHANGHAI, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - Sigenergy today introduced SigenAgent, the energy industry’s first all-domain AI agent, fundamentally changing how households and businesses interact with renewable energy.Unveiled during the company’s "AI in All" event, SigenAgent elevates solar-and-storage hardware from basic, reactive equipment into autonomous, goal-driven systems.As global energy dynamics transition from power generation to complex, volatile consumption models, manual management has hit its limit. SigenAgent solves this by allowing hardware to actively interpret and execute broad user goals."True AI is not just a chatbot companion," said Tony Xu, Founder and CEO of Sigenergy. "It is a partner that understands your goals, executes tasks on your behalf, and continuously learns over time."The Vision: User Sets the Goal, AI Handles the RestSigenAgent operates on a continuous loop of perception, reasoning, and action. By synthesizing real-time factors like weather patterns, fluctuating electricity prices, and grid conditions, it automatically charts and executes the most efficient operational path.To deliver complete energy management, SigenAgent deploys four specialized, autonomous capabilities:Energy Manager: Brings "autonomous driving" to home solar-and-storage systems. Users simply set macro targets—such as lowering utility bills or securing backup power—and the system automatically configures and runs the hardware.System Doctor: Replaces manual logs with "second-level diagnosis." A single command triggers an immediate, station-wide scan that pinpoints system anomalies and reports root causes, drastically lowering maintenance overhead.Power Trader: Maximizes revenue for storage assets in highly volatile, high-frequency electricity markets by optimizing real-time trading and Virtual Power Plant (VPP) responses.Business Assistant: Links directly to enterprise data lakes to dissolve information silos across production and delivery, providing clear, data-driven operational recommendations.Built on a Foundation of Hardware and SafetySigenAgent is not an isolated software patch, but the culmination of Sigenergy's long-term hardware and software integration. CEO Tony Xu emphasized that AI in energy requires more than algorithms; it demands a reliable physical foundation.Today, over 200,000 global power stations run on Sigenergy hardware with an ultra-low 0.24% annual failure rate. Built on this bedrock, Sigenergy utilizes all-domain sensing across generation, storage, charging, and grid access—supported by 100M high-speed networks, WLAN-Mesh, and Sub-1G communications to create a seamless, closed-loop operational environment.Thanks to an AI-ready architecture, existing operational units can access these agent features via seamless over-the-air (OTA) software updates.While granting execution capabilities to AI, the system enforces strict architectural boundaries to guarantee safety and user trust:User Authorization: SigenAgent operates strictly as an assistant, requiring explicit user approval for critical parameter changes.Secure Infrastructure: Localized data storage across six global data centers ensures absolute compliance with regional privacy laws.Offline Resilience Guaranteed: Pre-programmed dynamic backup strategies ensure the system continues to run smoothly even during network outages.Transparent AI Decision: A fully transparent user interface eliminates the "AI black box," mapping out exactly why a system is charging or discharging over a 24-hour window.SigenAgent is designed to meet users where they are, integrating seamlessly into common workflows and messaging applications like WhatsApp and Telegram.Standardizing the Intelligence EraTo help define this new era of energy, Sigenergy collaborated with Frost & Sullivan to publish the 2026 AI-Powered New Energy Industry Development White Paper.The report outlines the Energy Intelligence Level (EIL) framework—a five-tier classification system modeled after autonomous driving standards—designed to guide the industry's transition from individual device intelligence to fully autonomous, system-wide optimization."What Sigenergy is delivering today is not just a product, or a tech upgrade—we are delivering a completely new energy lifestyle," said Xu. "Users can optimize every kilowatt-hour without needing to understand complex technical details. Energy systems are shifting from passive hardware into active companions."About SigenergyFounded in 2022 and headquartered in Shanghai, Sigenergy (6656.HK) is a technology-driven company focused on innovation in the new energy sector. Leveraging advanced digital intelligence and a highly skilled talent base, the company has expanded across photovoltaic (PV) generation, smart energy storage, and high-efficiency electric vehicle (EV) charging solutions.Guided by its “AI in All” strategy, Sigenergy integrates artificial intelligence across its product ecosystem to deliver safer, smarter and more efficient energy solutions for households and businesses worldwide.For more information, visit: www.sigenergy.comMedia ContactTracy Li Email: tracy.li@sigenergy.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
SINGAPORE, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - Life in Singapore often brings unexpected costs that can sometimes deter even the best financial plans. While it is tempting to see a credit line as extra disposable income for non-essential lifestyle choices, the most responsible way to use standby cash is to create a safety net for unplanned costs.Having a credit facility ensures you can handle urgent needs without disturbing your long-term savings or selling your investments at a loss, if you use it prudently and be mindful of the applicable interest, fees and repayment obligations. Here are five smart ways to use your standby funds for emergencies.Urgent home repairsA home is often your largest asset, but it requires constant upkeep. A sudden burst pipe, a leaking ceiling, or a faulty electrical circuit is more than just an everyday inconvenience; it is a threat to your property's value. If you do not fix these issues immediately, they can lead to mould, water damage, or even fire hazards.Most contractors in Singapore require an upfront deposit or immediate payment upon completion. These costs often fall outside your regular monthly budget. In such cases, using your standby cash allows you to hire a professional right away. This prevents a small, manageable repair from turning into a massive renovation bill that could otherwise cause you a significant financial loss in the future.Managing non-insured healthcare costsResidents of Singapore generally have good insurance coverage through MediShield Life (a lifelong national health insurance scheme in Singapore) or other private plans. However, insurance may not always cover all medical circumstances. For example, a sudden dental emergency like a fractured tooth or a painful abscess requires immediate treatment. Outpatient specialist visits or specific diagnostic tests may also require you to pay in cash first before you can claim them back.In a medical crisis, time is of the essence. One should not have to wait until the next payday to seek relief from pain or to get a necessary scan. Having standby cash ready means you can walk into a clinic or hospital, thus ensuring you receive the care you need without the added stress of checking your bank balance during a health scare.Bridging income gaps during retrenchmentRetrenchment is a sudden loss of income that can take place regardless of your industry or experience level. In a competitive job market, it can typically take between three to six months to secure a new role that matches your previous salary.While a dedicated emergency fund is ideal, it may not always cover the full duration of your unemployment. In such cases, standby cash acts as a vital secondary buffer. It helps you cover essential monthly commitments temporarily, such as utility bills, and insurance premiums, thus allowing you to focus on your job search. This prevents you from falling behind on payments, which could otherwise damage your credit score.Critical family emergenciesFamily needs often arise without warning. A parent might face sudden hospitalisation, or a relative might need urgent financial help due to an unexpected crisis. These situations are emotionally draining and may often require immediate access to cash.If your wealth is tied up in stocks, bonds, or unit trusts, you might be forced to sell them during a market downturn to get the cash you need. This locks in your losses and hurts your long-term retirement goals. Therefore, using standby cash provides the liquid funds needed in such emergencies. This allows your investments time to recover and continue growing, protecting your future wealth while you handle the present crisis.Replacement of essential appliancesHome appliances often go unnoticed until they stop working. If your refrigerator dies in the middle of a humid Singaporean week, your food can spoil within hours. Similarly, a broken washing machine can quickly disrupt a busy household's routine.Replacing these essential items can sometimes cost a significant amount of money. While it might be momentarily feasible to buy the cheapest model available to save money, it is often smarter to use standby cash to buy a high-quality, energy-efficient replacement. Quality appliances last longer and save you money on electricity bills, making them a better financial choice in the long run.How to restore your safety netUsing standby cash responsibly means having a clear plan to pay it back. When you repay the amount you borrowed, that credit limit becomes available for you to use again for the next potential emergency.Create a repayment schedule: As soon as the emergency is over, look at your monthly budget. Determine how much you can repay each month to clear the balance quickly.Prioritise high-interest debt: If you have multiple debts, focus on paying off the used standby cash to minimise interest costs.Use bonuses or windfalls: If you receive a work bonus or a tax refund, use a portion of it to renew your credit line.Final thoughtsThe value of standby cash lies in its role as a short-term financial buffer when used responsibly. It is not designed for lifestyle upgrades or impulsive shopping. Instead, it is there to give you peace of mind and protection. By reserving these funds for unplanned essential needs, you can protect your savings and ensure that a temporary crisis does not become a permanent financial setback.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
HONG KONG, May 28, 2026 - (ACN Newswire via SeaPRwire.com) - Hong Kong’s merchandise exports rose by 42.9% year-on-year to HK$620.9 billion in April 2026, according to data released today by the Census and Statistics Department. For the first four months of 2026, total exports of goods reached HK$2,166.4 billion, representing robust growth of 35% compared with the same period last year.Bruce Pang, Director of Research at the Hong Kong Trade Development Council (HKTDC) said: “The strong export performance, in line with HKTDC’s earlier assessment, underscores the resilience of external demand, despite ongoing geopolitical uncertainties.”“The recent surge in Hong Kong’s exports has been driven primarily by the global AI-led application upcycle and strong demand for ICT (Information and Communications Technology) equipment, reinforced by supply chain reconfiguration in Asia and, to some extent, higher unit prices amid rising costs. Hong Kong’s export sales are therefore expected to remain solid in the near term, supported by sustained demand for technology-related products.”As a key re-export hub for electronic components and intermediate goods, Hong Kong is well positioned to benefit from this ongoing AI-driven technology upcycle. Robust demand for chips, AI-enabled products and ICT equipment across global major markets – including the Chinese Mainland, ASEAN production bases and mature markets, such as the US – continues to underpin regional trade flows, supporting Hong Kong’s external trade performance.[For further information about the export prospects of the electronics sector, please refer to: AI Surge Bolsters Electronics Industry from Geopolitical Headwinds | HKTDC Research]At the same time, elevated oil prices amid ongoing geopolitical tensions, together with rising semiconductor costs, have contributed to higher trade values of related products, thereby supporting export growth in value terms. While this largely reflects price effects rather than volume expansion, it is likely to continue underpinning headline trade figures in the near term.In addition, the improved trade environment following the China-US leaders’ meeting in May is expected to support business sentiment by reducing uncertainties. Against this backdrop, Hong Kong’s export performance is likely to maintain solid growth momentum for the rest of the year, underpinned by its role as a critical node in regional and global supply chains.Nonetheless, trade prospects remain subject to geopolitical developments, particularly in the Middle East, as well as the trajectory of energy prices, both of which could affect trade flows and end-market demand.HKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: 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. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - Modern Dental Group Limited ("Modern Dental" or "the Group", stock code: 03600.HK), a leading global dental prosthetic devices provider, announced its operational data for the three months ended 31 March 2026.During the three months ended 31 March 2026, the Group’s multi-dimensional strategies as supported by the ongoing trend of digitalization in the dental industry have resulted in the Group reporting record revenue during this period. This occurred in a period of challenging macro-economic environment with general softness in demand for dental procedures, trade war and geopolitical uncertainties. The Group has been proactive in its approach to deal with the unprecedented international trade environment leveraging its international production facilities located in Thailand, Vietnam and Mainland China.Global RevenueFor the three months ended 31 March 2026, the total revenue of the Group increased by approximately 12.1% (approx. HK$987.5 million) compared with the three months ended 31 March 2025.^ The decrease in revenue in original currency of the North America market (ex-MicroDental) was approximately 2.3% and the decrease in revenue in original currency of MicroDental was approximately 14.6%.# The increase in revenue in original currency of the Mainland China market was approximately 1.5% and the decrease in revenue in original currency of Hong Kong market was approximately 3.7%.++ The percentage change in Others represented changes in value of Hong Kong Dollars as Others included revenue dominated in different currencies.* The revenue information above is based on the locations of the customers.** The conversion rate shall not be taken as a representation that respective original currency could actually be converted into HK$ at that rate, or at all.The increase in revenue in Europe was primarily driven by higher sales order volumes, supported by the successful launch of new products such as digital dentures and the rollout of our state-of-the-art digital workflows. As a frontrunner in providing comprehensive digital solutions — ranging from minimally invasive and aesthetic prosthetic solutions to intra-oral scanners and clear aligners — the Group is well positioned to capitalize on the accelerated digitalization trend within the dental industry.Revenue from MicroDental, our North American domestic dental laboratory business, declined due to the softer US economy, which led to reduced patient demand for high-value discretionary dental treatments, particularly implants. The Group’s revenue in the Mainland China market recorded 1.5% increase in original currency terms during the first quarter of 2026, representing a turnaround from the decline of 4.2% in 2025. The decrease in revenue in the Hong Kong market also narrowed to 3.7%, as compared to the decline of 11.5% in 2025.The Mainland China market appears to have reached the bottom of the impact from the volume-based procurement policies and a prolonged period of intense price competition. This has also led to aggressive promotions for dental implant treatments by Mainland China dental clinics in Hong Kong, which experienced a notable decrease in patient visits. The Hong Kong market is gradually moving towards stabilization in line with this trend. The Group has deliberately pivoted away from low-margin segments and remains focused on serving mid- and high-value customers, thereby ensuring the long-term sustainable profitability of the Group’s business.The increase in revenue from Australia reflected a strong uptake of digital products driven by the digitalization trend in dental industry and anti-snoring products.The increase in revenue in Others mainly represented the increase in revenue in Thailand, Singapore and Malaysia.Notably, positive revenue growths were achieved in higher-margin regions such as Europe and Australia, whereas revenue declined in the relatively lower-margin business of MicroDental. This favorable geographical mix shift and the appreciation of foreign currencies against Hong Kong Dollars are expected to improve the Group’s overall margin percentage.Sales Volumes (Number of Cases)For the three months ended 31 March 2026, the total sales volumes of the Group increased by approximately 4.0% to approximately 720,000 cases (three months ended 31 March 2025: approximately 692,000 cases).Digital Solution CasesFor the three months ended 31 March 2026, the Group’s digital solution cases (overseas and domestic) that are produced from its Mainland China, Thailand and Vietnam production facilities (which, for the avoidance of doubt, does not include digital solution cases produced in the Group’s non-Mainland China, non-Thailand and non-Vietnam production facilities or overseas/satellite dental laboratories) increased to approximately 294,712 cases reflecting an increase of 24.6% for the same period in 2025 (approximately 236,488 cases) as a result of our clients’ increased adoption of intra-oral scanners.Average Selling PriceFor the three months ended 31 March 2026, the average selling price of the Group’s dental prosthetic products across its markets was HK$1,273 per case (three months ended 31 March 2025: HK$1,188), representing an increase of approximately 7.2% mainly due to the appreciation of foreign currencies against Hong Kong Dollars.Looking forward, the global digitalization trend continues to drive consolidation within the dental prosthetics industry, enabling the Group to further expand its market share. Our ongoing digital transformation initiatives are enhancing both customer and patientexperiences while improving operational efficiency, further differentiating the Group from competitors and positioning us to outperform industry peers. The Group’s underlying fundamentals remain solid, and we are well positioned to capitalize on emerging opportunities going forward.About Modern Dental GroupModern Dental Group Limited (Stock code: 03600.HK) is a leading global dental prosthetics provider, distributor and consultant with a focus on providing custom-made prostheses to customers in the growing prosthetics industry. Our product portfolio is broadly categorized into three product lines: fixed prosthetic devices, such as crowns and bridges; removable prosthetic devices, such as removable dentures; and other devices, such as orthodontic devices, sports guards, clear aligners and anti-snoring devices.Modern Dental Group has a global portfolio of respected brands, including Labocast, Permadental and Elysee Dental in Western Europe, YZJ Dental in China, Modern Dental Lab in Hong Kong, Modern Dental USA and MicroDental in the United States, Modern Dental Pacific in Australia and New Zealand, Modern Dental SG in Singapore, Modern Dental TW in Taiwan, Apex Digital Dental in Malaysia and Hexa Ceram in Thailand. We have grown these brands by providing premium and consistent quality products and superior customer service. We have more than 80 service centers in over 28 countries and serve over 35,000 customers. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
NEW YORK, May 29, 2026 - (ACN Newswire via SeaPRwire.com) - Confimarket, backed and incubated by WebWise Capital, is pioneering confidential consensus discovery and information-aggregation infrastructure for institutional participants requiring strict privacy, robust market structures, and advanced financial workflows. Built on the Canton Network, the privacy-preserving market intelligence platform secured first place at the inaugural HackCanton Season 1 grand final, emerging victorious from a competitive global pool of more than 300 development teams across 15 countries.Confimarket, a privacy-preserving prediction market built on Canton Network, has won first place at HackCanton Season 1 after advancing through a competitive field of more than 300 builders from over 15 countries.The project was selected as the first-place winner following the grand final of HackCanton Season 1, an ecosystem hackathon organized by AppsFactory and focused on DeFi, RWA, DAO & Governance, and AI applications for Canton Network.Confimarket is being developed as a prediction market for serious capital and demanding participants. Its core thesis is that prediction markets become materially more valuable when users can participate without exposing sensitive strategy, intent, or positioning to the broader market.Prediction markets have already shown their ability to aggregate information at scale. However, many high-value participants — including professional traders, institutions, analysts, and organizations with sensitive views — may be reluctant to participate in fully transparent public markets. Confimarket is designed around that gap: market-based information discovery with privacy-preserving participation, credible settlement, and infrastructure suitable for more advanced financial workflows."Prediction markets are one of the most important categories in crypto because they turn information, belief, and probability into tradable markets. But the next stage of the category requires better infrastructure for participants who cannot expose their strategies or positions publicly," said Alexander I, General Partner at WebWise Capital. "That is the opportunity we see with Confimarket: confidential prediction markets built for more serious capital, stronger market structure, and institutional-grade use cases."Canton Network is a natural environment for this model because it combines privacy, interoperability, and an architecture designed for synchronized financial markets. Canton describes itself as the first privacy-enabled open blockchain network, built to preserve privacy while allowing participants to exchange data and value across connected applications.Canton Network has also been attracting prominent financial institutions and ecosystem participants. Official Canton materials list organizations such as J.P. Morgan, Goldman Sachs, BNY, BNP Paribas, Bank of America, and others in the broader ecosystem. For Confimarket, this makes Canton a strategically relevant foundation: the network is designed around privacy-preserving financial infrastructure rather than general-purpose public-chain transparency.During HackCanton Season 1, Confimarket refined its product thesis, shipped core functionality, gathered user feedback, and strengthened the architecture behind the platform. The team used the hackathon as an early proving ground for confidential prediction market workflows on Canton Network, with a focus on market creation, trading logic, settlement flows, and the user experience required to make prediction markets accessible to higher-value participants.The hackathon win represents an early ecosystem validation signal for Confimarket as the project moves from prototype development toward product readiness. The grand final and judging process provided feedback from Canton ecosystem leaders, venture investors, infrastructure companies, and industry participants.Projects at HackCanton Season 1 were evaluated by representatives from the Canton Foundation as well as venture and industry participants including DWF Ventures, LongHash, Scytale Digital, Jsquare VC, Quantstamp, and Chainlink Labs.Following the hackathon, Confimarket is focused on completing its trading engine, improving the user interface and onboarding flow, preparing private beta access, and working toward liquidity and ecosystem partnerships. The team's next phase is centered on turning the hackathon-winning prototype into a product that can support real prediction market activity, privacy-preserving participation, and institutional-grade use cases.Confimarket is also continuing to position itself within the Canton ecosystem as a prediction market layer for use cases where privacy, credible execution, and market-based forecasting are essential.Follow Confimarket on X for product updates, ecosystem announcements, and launch news, or explore the live app at confimarket.io.About ConfimarketConfimarket is a privacy-preserving prediction market built on Canton Network. The project is designed for participants who need confidential participation, stronger market structure, and infrastructure suitable for institutional-grade workflows. Confimarket is backed and incubated by WebWise Capital.About WebWise CapitalWebWise Capital backs and incubates early-stage projects at the intersection of AI, Web3, fintech, and digital financial infrastructure.Media contactBrand: ConfimarketContact: Media teamWebsite: https://confimarket.io/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Toronto, Ontario--(ACN Newswire via SeaPRwire.com - May 28, 2026) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") is pleased to announce that it has closed its previously announced "bought deal" private placement pursuant to which the Company issued a total of 18,115,797 Class A common shares of the Company that each qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) as part of a charity arrangement (the "FT Shares"), at a price of $1.38 per FT Share, for aggregate gross proceeds of $24,999,800 (the "Offering"). The 18,115,797 FT Shares issued under the Offering include 2,174,000 FT Shares issued and sold pursuant to the full exercise of the option granted by the Company to the Underwriters.Matt Manson, President and CEO: "We are very grateful for the strong support demonstrated for this financing from existing and new shareholders. In October 2025, we expanded our successful deep, step-out drill program at the O'Brien Gold Project to what will be an eventual 140,000 metres with up to eight drill rigs. The drill program is ongoing, and in March of this year we demonstrated its value with an interim, and meaningful, increase in the estimate of the Project's mineral resources. With this financing completed, we can now (i) plan the expansion and extension of our drilling through to the end of 2027, (ii) manage our capital resources more efficiently with our "flow-through" eligible exploration expenditures, and (iii) establish a strong treasury to support project development activities and project de-risking. In particular, our step-out drilling ambition is to go deeper. Until now, our exploration horizon has been to a floor of 2 kilometers depth. Results to date indicate extensive gold mineralization with good continuity beneath the former mine and the current mineral resources to at least 1.9 kilometers depth (see Radisson news release dated April 30, 2026). Given the character of neighboring gold deposits and the wealth of mining infrastructure within or close to the O'Brien Gold Project, we now intend to extend our exploration to a depth of 2.5 kilometers with new deep drilling and directional wedging. We believe that O'Brien gold mineralization has the potential to extend to at least these depths, that such mineralization offers the potential for significant new mineral resources in excess of our current exploration target, and that these mineral resources might be reasonably expected to be developed." The Company will use an amount equal to the gross proceeds from the sale of the FT Shares, pursuant to the provisions in the Income Tax Act (Canada) (the "Tax Act"), to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" (as both terms are defined in the Tax Act) (the "Qualifying Expenditures") in connection with the exploration of the O'Brien Gold Project, including deep drilling beyond the scope of the current program, on or before December 31, 2027. The Company will renounce all such Qualifying Expenditures in favour of the subscribers of the FT Shares effective December 31, 2026. In the event the Company is unable to renounce Qualifying Expenditures effective on or prior to December 31, 2026 for each FT Share purchased in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares, the Company will indemnify each FT Share subscriber, as applicable, for the additional taxes payable by such subscriber as a result of the Company's failure to renounce the Qualifying Expenditures as agreed.The Offering was completed pursuant to an underwriting agreement dated May 28, 2026 between the Company and a syndicate of underwriters led by ATB Cormark Capital Markets (collectively, the "Underwriters"). In consideration for the services provided to the Company in connection with the Offering, the Underwriters received an aggregate cash commission equal to $1,316,792.99, representing (i) 6% of the gross proceeds of the Offering with respect to the FT Shares sold to purchasers not on the President's List, and (ii) 3% of the gross proceeds of the Offering with respect to the FT Shares sold to purchasers on the President's List, provided that no commission was paid with respect to certain U.S. Purchasers under the President's List (the "Cash Commission"). The Cash Commission was paid by the Company with existing cash on hand.The Offering remains subject to the final acceptance of the TSX Venture Exchange.Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the FT Shares have been offered for sale to purchasers resident in all provinces of Canada pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The FT Shares issued under the Offering to purchasers resident in Canada under the Listed Issuer Financing Exemption will not be subject to a hold period pursuant to applicable Canadian securities laws.An amended offering document related to the Offering and the use by the Company of the Listed Issuer Financing Exemption can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.radissonmining.com.This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any of the securities laws of any state of the United States, and are not being offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from the registration requirements of the U.S. Securities Act and any applicable securities laws of any state of the United States.Qualified Persons Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for the Company and a Qualified Person for purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Nieminen is independent of the Company and the O'Brien Gold Project.About Radisson MiningThe Company is a gold exploration company focused on its 100% owned O'Brien Gold Project ("O'Brien" or the "Project"), located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 PEA described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.63 Moz (3.49 Mt at 5.59 g/t Au), with additional Inferred Mineral Resources estimated at 1.69 Moz (10.37 Mt at 5.08 g/t Au).Please see the technical report titled "O'Brien Gold Project NI 43-101 Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025 (the "PEA"), Radisson's news release dated March 2, 2026 titled "With Step-Out Drilling Continuing, Radisson Demonstrates Meaningful Resource Growth at O'Brien with an Updated Mineral Resource Estimate" and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the Project. The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.The Company's head and registered office is located at 50 du Petit-Canada Street, Rouyn-Noranda, Québec J0Y 1C0. The Class A common shares of the Company are listed on the TSX-V under the symbol "RDS" and on the OTCQX under the symbol "RMRDF".For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.Forward-Looking StatementsThis news release may contain forward-looking statements and forward-looking information within the meaning of applicable Canadian securities legislation (collectively, "forward-looking information"), including, but not limited to, the Offering (including the tax treatment of the FT Shares, the timing to renounce all Qualifying Expenditures in favour of the subscribers and the use of proceeds of the Offering), statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions and the Company's anticipated work programs. Often, but not always, forward-looking information can be identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information reflects the Company's beliefs and assumptions based on information available at the time such statements were made. Actual results or events may differ from those predicted in forward-looking information. All of the Company's forward-looking information is qualified by the assumptions that are stated or inherent in such forward-looking information, including the assumptions listed below.Although the Company believes that the assumptions underlying the forward-looking information contained in this news release are reasonable, this list is not exhaustive of the factors that may affect any forward-looking information. The key assumptions that have been made in connection with forward-looking information include the following: that the Company will use the proceeds of the Offering as anticipated; and that the Company will receive all necessary approvals in respect of the Offering.Forward-looking information involves known and unknown risks, future events, conditions, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties; that the Company will not use the proceeds of the Offering as anticipated; that the Company will not receive all necessary approvals in respect of the Offering; market volatility; the state of the financial markets for the Company's securities; the speculative nature of mineral exploration and development; fluctuating commodity prices; the future tax treatment of the FT Shares; competitive risks; costs of exploration; the actual results of current exploration activities; risks and uncertainties related to the ability to obtain or maintain necessary licenses, permits or surface rights; errors in geological modelling; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; exploration results not being consistent with the Company's expectations; the supply and demand for, deliveries of, and the future prices of commodities; accidents, labour disputes and other risks of the mining industry; the availability of qualified employees and contractors; political instability; the impact of value of the Canadian dollar and U.S. dollar, foreign exchange rates on costs and financial results; market competition; changes in taxation rates or policies; technical difficulties in connection with mining activities; changes in environmental regulation; environmental compliance issues; delays in obtaining governmental approvals or financing; and other risks of the mining industry.Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Readers should consider reviewing the detailed risk discussion in the sections entitled "Risks and Uncertainties related to Exploration" and "Risks Related to Financing and Development" in the management discussion & analysis for the year ended December 31, 2025, the financial statements of the Company, and other public disclosure of the Company, all of which are available on SEDAR+ under Radisson's issuer profile, for a fuller understanding of the risks and uncertainties that affect the Company's business and operations. Forward-looking information contained herein is given as of the date of this news release and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events, or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information 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 information.Not for distribution to United States newswire services or for dissemination in the United StatesTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/299213 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, May 28, 2026 - (ACN Newswire via SeaPRwire.com) - ‘Investor Day 2026’, co-hosted by The Hong Kong Investor Relations Association (“HKIRA”) and The Chamber of Hong Kong Listed Companies (“CHKLC”), was successfully held yesterday at the HKEX Connect Hall in Central. The event brought together over 120 investors and financial market professionals, as well as a group of quality Hong Kong listed companies with the objective of enhancing better communication, in turn generating investor interests and promoting market liquidity.Guest of Honor Dr. Kelvin Wong, SBS JP, Chairman of the Securities and Futures Commission said, “Hong Kong has never been short of high-quality enterprises, nor has it lacked capital. What requires further strengthening is the “bridge” between the two. This entails enhancing the efficiency of unlocking corporate values, establishing a more solid foundation of trust, and improving the quality of long-term capital allocation. Today’s Investor Day serves as a compelling illustration of this objective. Only when issuers and investors engage more closely can the market advance further and achieve sustainable growth.”Dr. Eva Chan, Founding Chairman of HKIRA, said, “Investor Day 2026 aims to strengthen connections between listed companies and investors by enhancing corporate communication and supporting more effective identification and evaluation of high-quality, potentially undervalued companies. We believe that greater transparency and stronger value recognition will lead to more efficient market functioning and improved capital allocation. The event will feature meaningful exchanges, and we encourage listed companies to maintain consistent, long-term engagement with investors, while investment institutions uphold professionalism and disciplined, research-driven decision-making. Ultimately, prioritising mutual understanding and trust is essential to achieving genuine value connection.”Professor KC Chan, GBS SBS JP, Chairman of CHKLC, also commented, “Through Investor Day 2026, we seek to establish a dedicated platform for high-quality small and mid-cap companies to clearly articulate their investment propositions to the investment community, enhance market visibility, and unlock shareholder value. As a market-oriented institution, the Chamber is committed to enhancing overall market quality and safeguarding the interests of listed companies. A well-functioning market should exhibit broad-based liquidity across diverse industries, enabling companies of varying sizes to access capital for growth and, in turn, support overall economic development. This underpins the Chamber’s initiative in launching the Investor Day 2026.”Strategic Public Relations Group is proud to be the Official Public Relations Partner of Investor Day 2026. Dr. Kelvin Wong, Chairman of the Securities and Futures Commission (middle), Dr. Eva Chan, Founding Chairman of HKIRA (second from left) and Professor KC Chan, Chairman of CHKLC (second from right) at Investor Day 2026.About HKIRAHong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,300 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 64% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA’s members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.Media enquiries:Strategic Public Relations GroupCindy LungTel: +852 2864 4867Email: cindy.lung@sprg.com.hkMaggie KoCoco YuTel: +852 2864 4890Tel: +852 2864 4876Email: maggie.ko@sprg.com.hkEmail: coco.yu@sprg.com.hk Website: www.sprg.asiaHong Kong Investor Relations AssociationViolet ChanTel: +852 2117 1846Email: irawards@hkira.comWebsite: www.hkira.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HO CHI MINH CITY, VIETNAM, May 28, 2026 - (ACN Newswire via SeaPRwire.com) - TR Capital, a leading secondary private equity investor, today announced that its portfolio company, Pharmacity, is raising growth capital from LeapFrog Investments, a global private equity firm focused on healthcare and financial services in emerging markets. The transaction marks an important milestone in Pharmacity’s development and reflects continued investor interest in Vietnam’s consumer healthcare sector. Under the leadership of Deepanshu Madan, Partner at TR Capital, who stepped in as CEO to lead the turnaround of the company, Pharmacity has delivered strong operating performance over the past two years, positioning the business for its next stage of growth.Founded in 2011, Pharmacity was among the first companies to scale the modern pharmacy retail model in Vietnam. Today, it is one of the country’s largest pharmacy chains, with a nationwide network of more than 1,100 stores across major urban centres as well as Tier II and Tier III cities. The company serves nearly 19 million loyal customers and offers a portfolio of more than 7,000 active products, supported by technology-enabled operations and a disciplined supply chain platform.Operational Turnaround and Growth MomentumThe transaction follows a multi-year value creation journey under the stewardship of TR Capital and a sustained improvement in operating performance. Pharmacity achieved EBITDA profitability in the fourth quarter of 2025, and that momentum continued into the first quarter of 2026. The business has also improved unit economics and store selection discipline, with more recent store cohorts progressing toward EBITDA breakeven.In the first quarter of 2026, Pharmacity recorded more than 35% year-on-year revenue growth and more than 20% same-store sales growth. The company added 140 new stores in 2025 and plans to continue expanding its footprint over the coming years.In addition to its retail pharmacy operations, Pharmacity is expanding its healthcare offering through preventive health consultations, diagnostics, and pharmacy benefits management, with the objective of building a broader consumer healthcare platform.Paul Robine, Founder and CEO of TR Capital, said: “When TR Capital made its investment in Pharmacity, we saw a compelling opportunity to support the development of a modern, scaled pharmacy platform in Vietnam. Since then, we have undertaken a meaningful operational transformation, supported by stronger governance, sharper execution, and a clear focus on profitability. LeapFrog’s investment is an important endorsement of Pharmacity’s progress and positions the company well for its next phase of growth.”Deepanshu Madan, CEO of Pharmacity and Partner at TR Capital, said: “Our ambition is to be the most trusted pharmacy brand in Vietnam. Over the past two years, we have invested substantially in our people, systems, store standards, and customer proposition. Achieving profitability in the fourth quarter of 2025 was an important milestone for the business. With LeapFrog’s support, we look forward to expanding our reach, strengthening our service offering, and continuing to improve access to high-quality healthcare across Vietnam.”LeapFrog Investments brings relevant sector experience to Pharmacity’s next phase of development, drawing on its track record of investing in healthcare and essential services businesses across emerging markets.The transaction also underscores the increasing relevance of Vietnam’s consumer healthcare market within the broader Southeast Asian private equity landscape.About TR CapitalTR Capital is a secondary private equity investor, providing bespoke liquidity solutions through single-asset and portfolio transactions. The firm invests in businesses across the technology, next-generation consumer, and healthcare sectors in Asia and the US.Since its inception in 2007, TR Capital has closed five flagship funds, with total capital commitments of approximately US$1.5 billion, and has completed close to 60 secondary investments. The firm’s investor base includes sovereign wealth funds, pension funds, asset managers, entrepreneurs, and family offices globally. TR Capital integrates environmental, social, and governance considerations throughout the investment lifecycle under its Responsible Investment Policy.For more information visit https://www.tr-capital.com/.About PharmacityPharmacity is a pharmacy retail chain in Vietnam focused on improving access to quality healthcare products and pharmaceutical services nationwide. With more than 1,100 pharmacies and nearly 19 million loyalty customers, the company combines scale with standardized pharmacy practices, technology-enabled supply chain management, and medicine storage protocols.For more information, visit https://www.pharmacity.vn/.Contact details: ir@tr-capital.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, May 28, 2026 - (ACN Newswire via SeaPRwire.com) - As Unitree Robotics continues to advance its IPO process on the STAR Market, Shoucheng Holdings (00697.HK) has once again attracted market attention for its strategic positioning across the robotics industry chain. Unlike the equity revaluation effect generated by a single project, Unitree Robotics serves more as a benchmark case within Shoucheng Holdings’ robotics investment portfolio. The acceleration of its capitalization process is expected to prompt the market to reassess the breadth and depth of the company’s exposure to embodied intelligence, humanoid robots, and the upstream and downstream segments of the industry chain.Public information shows that Unitree Robotics’ IPO application has been accepted by the Shanghai Stock Exchange and will proceed into the listing review stage. A successful listing would provide a clearer public market benchmark for the equity value attributable to Shoucheng Holdings. Based on an estimated post-issuance valuation of approximately RMB 42.0 billion, the roughly 3.44% equity interest held by Beijing Robotics Industry Development Investment Fund would correspond to a value of about RMB 1.45 billion. From an asset revaluation perspective, Unitree Robotics’ capitalization process is expected to improve the visibility of Shoucheng Holdings’ robotics investment assets and provide positive support for the company’s investment income, net asset revaluation, and earnings upside.From a portfolio perspective, Unitree Robotics is not an isolated case. Public information indicates that Shoucheng Holdings, through industrial funds under its management and consolidated funds, has invested more than RMB 2.0 billion in the broader robotics industry chain, covering more than 20 companies. These include Unitree Robotics, Songyan Power, Galaxea AI, Deep Robotics, Booster Robotics, and Xinghaitu, with deployment spanning robot bodies, embodied intelligence, aerial robots, key components, and application scenarios. This means the company is not merely riding a single flagship investment, but building systematic exposure across the broader robotics industry trend.More importantly, other robotics companies in which Shoucheng Holdings has invested are also accelerating their preparations for listing. On May 18, the Shanghai Stock Exchange showed that the STAR Market IPO application of Hangzhou Deep Robotics Technology Co., Ltd. had been accepted, with proposed fundraising of RMB 2.503 billion. Public reports indicate that Deep Robotics recorded revenue of RMB 337 million and net profit of RMB 28.684 million in 2025, achieving full-year profitability for the first time. At the same time, embodied-intelligence companies such as Xinghaitu have completed shareholding restructuring, which is generally regarded as an important preparatory step for subsequent capitalization. As Unitree Robotics, Deep Robotics, Xinghaitu, and other projects enter the capital-market spotlight one after another, the contours of Shoucheng Holdings’ robotics investment portfolio value are coming into sharper relief.Against this backdrop, Shoucheng Holdings’ valuation logic is shifting from “single-project mapping” to “robotics portfolio revaluation.” As leading projects successively submit applications, obtain acceptance, or complete shareholding restructuring, their revenue scale, R&D investment, product structure, and commercialization capabilities will be disclosed more fully. The market will also find it easier to evaluate Shoucheng Holdings’ industrial investment value from a portfolio perspective. In the Hong Kong equity market, there are not many listed companies that combine robotics industry-chain investment, real-world deployment capabilities, and asset management expertise. This further underscores the rarity of Shoucheng Holdings as an investable platform.Analyst coverage and the company’s ongoing buyback program have further supported the case for valuation re-rating. China International Capital Corporation (CICC) previously maintained its “Outperform” rating on Shoucheng Holdings with a target price of HKD 2.70, indicating a positive institutional view on the company’s asset value and growth potential. The company has also continued to repurchase shares recently, buying back 1.90 million shares on May 22 and carrying out repurchases for several consecutive days. Since the start of the year, it has repurchased approximately 160 million shares in total, amounting to approximately HKD 292 million. Continued repurchases reflect management’s confidence in the company’s intrinsic value while also helping to improve per-share value and market expectations.Overall, Unitree Robotics’ IPO is an important validation point for Shoucheng Holdings’ robotics investment strategy, but its significance now extends beyond a single project. As the capitalization process of leading companies such as Unitree Robotics and Deep Robotics advances, and as projects such as Xinghaitu form a pipeline for subsequent opportunities, Shoucheng Holdings’ portfolio-based investment and industrial operating capabilities across the robotics industry chain are expected to become more visible to the market. The company is not making a one-off bet on the robotics theme; rather, it is building a sustained position within a major industry trend. The value embedded in its robotics portfolio is entering an inflection point of accelerated market recognition. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
FINANCIAL HIGHLIGHTS RMB'000 (Unaudited)For the three months ended31 March 2026 31 March 2025 31 December 2025 Revenue2,416,713 2,337,995 2,618,297 - Office software and services1,613,224 1,301,469 1,750,360 - Online games and others803,489 1,036,526 867,937 Gross Profit1,929,866 1,918,586 2,147,721 Operating Profit395,304 601,453 514,159 Profit Attributable to Owners of the Parent1,091,302 283,874 975,017 Basic Earnings Per share (RMB)0.79 0.21 0.70 HONG KONG, May 27, 2026 - (ACN Newswire via SeaPRwire.com) - Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended March 31, 2026.For the first quarter of 2026, Kingsoft’s revenue increased by 3% year-on-year to RMB2,416.7 million. Revenue from the office software and services represented 67% and online games and others represented 33% of total revenue. Gross profit increased by 1% year-on-year to RMB1,929.9 million. Profit attributable to owners of the parent increased 284% year-on-year to RMB 1,091.3 million.Mr. Jun LEI, Chairman of the Company, commented: “In the first quarter, we remained committed to technology empowerment and maintained strategic focus. Kingsoft Office Group continued to deepen its core strategy of ‘AI, Collaboration, and Internationalization’, and steadily advanced the implementation of AI service capabilities across office scenarios. For the online games business, we focused on premium games and long-term operations, increased investment in existing core games, and actively expanded into new games.”Mr. Tao ZOU, Chief Executive Officer of Kingsoft, added: “In the first quarter, the Group recorded revenue of RMB2,416.7 million, representing a year-on-year increase of 3%. Revenue from the office software and services business reached RMB1,613.2 million, a year-on-year increase of 24%, maintaining steady growth. Revenue from online games and other businesses amounted to RMB803.5 million, a year-on-year decrease of 22%, primarily reflecting the decline in revenue from existing games. After release in January, Goose Goose Duck has focused on growing its user base, and is still in the early monetization stage.” BUSINESS REVIEW Office Software and ServicesFor the first quarter of 2026, revenue from the office software and services business increased by 24% year-on-year to RMB1,613.2 million. The increase was primarily attributable to growth across three principal businesses of Kingsoft Office Group.For WPS individual business, Kingsoft Office Group continued to upgrade and iterate its AI products, while further enhancing refined operations in both domestic and overseas markets. The continued enhancement of AI features effectively drove growth in WPS AI monthly active users, conversion rates, and average revenue per paying user.For WPS 365 business, the Company continued to upgrade AI and collaboration product capabilities. The coverage of private enterprises and local state-owned enterprises steadily expanded in both breadth and depth, while orders from large-scale customers continued to increase.For WPS software business, the demand for localization continued to grow. Government AI products were continuously refined, upgraded and subsequently rolled out in an orderly manner across government departments, providing robust support for customers’ digital and intelligent transformation. Online Games and othersFor the first quarter of 2026, revenue from online games and other businesses recorded RMB803.5 million. The decreases were mainly due to declined revenue from certain existing games, partially offset by revenue contributions from new games.During the period, JX3 Online maintained a stable active user base. As for the content, innovative in-game events were launched during the Spring Festival and Lantern Festival, and an expansion pack was released in April, continuously enriching content offerings. As for the product, the flagship version completed graphics quality optimization and advanced gameplay iteration, with ongoing upgrades to dual-platform technology. We will continue to increase R&D investment, enhance game quality, and further consolidate our core user ecosystem. The classic JX series of PC games maintained long-term operations, delivered continuous content innovation, and improved IP vitality. Goose Goose Duck performed well in the domestic market, with localized content innovations and social gameplay well received by players, expanding the user base and driving steady growth in gross receipts. The Company will focus on product refinement and long-term community operations and enhance user engagement through high-quality interactive experiences. Mr. Jun LEI concluded, “Looking ahead, Kingsoft Office Group will continue to deepen its AI capabilities layout, focus on the implementation of Agent products, empower intelligent office scenarios through WPS 365, and advance international expansion. The online games business will further strengthen R&D investment in core games and leverage AI to enhance content creation, providing players with a high-quality gaming experience.” About Kingsoft Corporation LimitedKingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has nearly 9,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.Kingsoft Investor Relations:Li YinanTel: (86) 10 6292 7777Email: ir@kingsoft.comFor further queries, please contact Hill and Knowlton:Ovina ZhuTel: (852) 2894 6315Email: kingsofthk@hkstrategies.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
SYDNEY, May 28, 2026 - (ACN Newswire via SeaPRwire.com) - The Executive Centre (TEC), Asia Pacific’s leading premium flexible workspace provider, announced the opening of its newest Sydney location at 400 George Street. Scheduled to launch in July 2026, the centre will span 1,640 square metres across a landmark address in the heart of Sydney’s Central Business District, bringing TEC’s signature blend of enterprise-grade workspace and hospitality-led experience to one of the city’s most prominent commercial addresses.The opening is driven by exceptional demand across TEC’s existing Sydney portfolio, which is currently operating at an average occupancy rate of 94 per cent, up from 89 per cent last year. With the addition of 400 George, TEC will operate six locations across Sydney’s CBD, forming part of a national footprint that also includes two Melbourne centres and one in Perth, together comprising more than 11,240 square metres of premium workspace.Designed to the highest standards, 400 George includes 44 private offices, 25 coworking stations, and four meeting rooms. Members will have access to an on-site café and barista bar, members’ lounge, event space, “Zen Den”, phone booths, digital pods, lockers and a dedicated reception and arrival area. The centre’s fit-out reflects TEC’s commitment to bespoke, architect-led design, delivering a premium workspace experience that defines its global network of more than 260 locations.Robert How, Country Director, Australia, The Executive Centre, said: “What distinguishes TEC in a competitive market is its unwavering focus on three pillars: prime CBD locations, hospitality-led service, and a design philosophy that prioritises privacy, acoustics and quality of finish.”“Sydney’s CBD market continues to evolve, and the demand for high-quality, flexible workspace in core locations is growing year on year. Our roots in Asia Pacific – where flexible workspace adoption has long been more mature – give us a unique perspective on where the Australian market is heading.”The centre’s opening arrives at a moment of significant momentum for Australia’s flexible workspace sector. Hybrid working has fundamentally reshaped corporate real estate strategies, with businesses increasingly opting for premium flexible solutions in lieu of, or alongside, traditional long-form leases.According to research by JLL, flexible workspace could account for as much as 30 per cent of total office stock by 2030, with demand particularly pronounced among financial services, professional services and multinational corporations – all core segments of TEC’s member base.About The Executive CentreThe Executive Centre (TEC) is a premium flexible workspace provider, opened its doors in Hong Kong in 1994 and has over 260 centres in 38 cities and 15 markets.The Executive Centre caters to professionals and industry leaders. TEC has a global network spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East and Australia. Each centre offers a prestigious address with the advanced infrastructure to meet the needs of its members.Privately owned and headquartered in Hong Kong, TEC provides private and shared workspaces, business services, and meeting and events facilities to suit its clients’ business needs.For more information, please visit www.executivecentre.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
ANTWERPEN, BELGIUM, May 27, 2026 - (ACN Newswire via SeaPRwire.com) - OMP, a leading provider of AI-powered supply chain planning solutions, today announced the launch of Unison Express - an industry-specific, ready-to-deploy planning offering for mid-market companies looking to move beyond the tools and processes they have outgrown. Unison Express enables teams to realize value quickly while establishing a strong planning foundation that scales with their business over time.From spreadsheets to structured planningOrganizations across industries face mounting pressure to modernize supply chain planning. Yet implementation projects can feel long, costly, and difficult to justify, especially when teams still rely on tools and processes they have outgrown, such as spreadsheets, legacy systems, and manual coordination. The result is higher operational risk and slower, less coordinated decision-making.Unison Express bridges this gap by providing a complete planning solution out of the box, configured to industry‑specific best practices and leveraging the latest AI advances through UnisonIQ. Teams gain end-to-end visibility by planning consistently across sites and functions, leaving behind fragmented, disconnected ways of working.Delivering visibility and value from day oneWith standardized planning cycles, predefined scenarios for everyday planning decisions, and built-in day-in-the-life guidance, Unison Express delivers early value with predictable timelines and fast adoption. Built on the same foundations as Unison PlanningTM, it reflects more than four decades of OMP's industry experience and allows for seamless extension of capabilities as needs evolve.For a full overview of capabilities, visit the OMP website."With Unison Express, we packaged proven supply chain planning practices into a true, lean, standardized solution," said Jan Lemmens, Vice President Industry at OMP. "It helps organizations move away from fragmented, manual planning and adopt proven ways of working quickly, with the option to expand on the same platform when their needs evolve.""With Unison Express, we packaged decades of supply chain planning expertise into a true, lean, standardized solution."Proven in real-world environmentsWith Unison Express, organizations across industries are already delivering results with a standardized, value-first approach to supply chain planning.In consumer goods, Duvel Moortgat is rolling out Unison Express across three Belgian breweries to professionalize demand planning, operational planning, and scheduling. The project prioritizes fast onboarding and early value realization while building a scalable foundation for future expansion.In metals, Bekaert implemented a lean, highly standardized planning setup to support a fast-growing business unit, replacing spreadsheet-based coordination with structured S&OP and scenario planning. By maintaining strict scope discipline and focusing on rapid deployment, the organization reached full adoption in a short timeframe while retaining the flexibility to extend capabilities over time.Learn more about Unison ExpressLearn more about Unison Express and how organizations can move beyond spreadsheets with a complete planning solution that delivers fast results and scales over time. Visit the website.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
HONG KONG, May 27, 2026 - (ACN Newswire via SeaPRwire.com) - Driven by news of the accelerated IPO process of Unitree Robotics, the share price of Shoucheng Holdings (00697.HK) has been notably active recently. On the evening of May 25, the official website of the Shanghai Stock Exchange disclosed that Unitree Robotics' STAR Market IPO application will be reviewed by the listing committee on June 1, 2026. Following the news, Shoucheng Holdings rose by more than 5% intraday on the next trading day, reaching a high of HK$1.84, indicating that market attention toward the revaluation of the company's robotics investment value continues to rise.Unitree Robotics' STAR Market IPO had previously been accepted by the Shanghai Stock Exchange. According to its prospectus, the company plans to raise RMB4.202 billion. As a representative domestic enterprise in embodied intelligence and humanoid robotics, Unitree Robotics has entered a critical stage in its capitalization process. This is expected to further raise capital-market attention toward the robotics sector and provide a clearer public-market pricing reference for related industrial-chain assets.For Shoucheng Holdings, the significance of Unitree Robotics' IPO lies not only in the change in equity value of a single project, but also in the fact that the company's robotics investment layout is beginning to enter a stage of public-market validation. According to Unitree Robotics' prospectus, Shoucheng Holdings participated in the investment in Unitree Robotics through the Beijing Robotics Industry Development Investment Fund. The fund held approximately 3.8262% of Unitree Robotics before the offering and approximately 3.44% after the offering. Based on this valuation, the corresponding value of this equity interest is estimated at around RMB1.446 billion. As Unitree Robotics' listing process continues to advance, the market visibility of Shoucheng Holdings' robotics investment assets is expected to increase accordingly.From a valuation perspective, Unitree Robotics' IPO is expected to become an important catalyst for the revaluation of Shoucheng Holdings' robotics assets. Compared with unlisted equity interests, which mainly rely on primary-market financing valuations, the market capitalization performance of listed companies is easier for the market to observe, compare and price. If Unitree Robotics successfully lists on the capital market, its public-market valuation will provide a reference for related assets such as embodied intelligence and humanoid robotics, and will also help the market reassess the value of robotics assets held by Shoucheng Holdings through its sector-focused investment funds.More importantly, Unitree Robotics is not the only case within Shoucheng Holdings' robotics investment portfolio. According to company disclosures, through the sector-focused investment funds it manages, Shoucheng Holdings has made cumulative investments of more than RMB2 billion across the broader robotics ecosystem, covering over 20 companies. These include Unitree Robotics, Noetix Robotics, Galbot, Deep Robotics, Booster Robotics and Galaxea AI, among other projects. Its layout spans multiple segments, including robot bodies, embodied intelligence, aerial robotics, key components and application scenarios. As portfolio companies such as Unitree Robotics and Deep Robotics continue to advance their listing processes, Shoucheng Holdings’ earlier deployment across the robotics value chain is transitioning from the capital deployment phase to the value realization phase.From the perspective of the Hong Kong stock market, Shoucheng Holdings' scarcity value has therefore increased further. At present, there are not many Hong Kong-listed companies that can directly reflect the mainland humanoid robotics and embodied intelligence industrial chain. By participating in investments in leading companies such as Unitree Robotics through sector-focused investment funds, Shoucheng Holdings has developed a well-defined proxy exposure to the robotics sector. Against the backdrop of relatively scarce technology growth assets in the Hong Kong market and sustained enthusiasm for the robotics theme, the company's robotics industrial investment layout is expected to attract greater market attention.Overall, Unitree Robotics' IPO is an important validation milestone for Shoucheng Holdings' robotics investment strategy. As the listing process continues to advance, related public-market valuations are expected to provide a clearer pricing reference for Shoucheng Holdings’ robotics assets and further strengthen its proxy value within the Hong Kong robotics concept segment. For investors, the market’s understanding of Shoucheng Holdings’ value may also extend from traditional asset operations toward a comprehensive valuation framework of "infrastructure assets + sector-focused funds + robotics investments", while the revaluation theme for the company’s robotics assets is becoming increasingly clear. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
BANGKOK, May 27, 2026 - (ACN Newswire via SeaPRwire.com) - Sappe Public Company Limited (SAPPE), a leading innovator in beverages from Thailand and the creator of the global “Snack Drink” category, continues to energize the international market with the launch of its latest global campaign for “Mogu Mogu” under the concept “Wanna Skip? You Gotta Chew.” The campaign invites Generation Z worldwide to keep going through life’s unskippable moments simply by drinking and chewing “Mogu Mogu,” transforming everyday challenges into enjoyable and manageable experiences while reinforcing the brand’s position as a global snackable drink that brings fun into every moment.As a fruit juice with nata de coco beverage that has pioneered a unique category and achieved market leadership in several countries, including the Philippines, South Korea, and the United Kingdom (based on NIQ data), “Mogu Mogu” continues to differentiate itself through its signature “Tangible Fun” experience, combining refreshing fruit flavors with its iconic chewy coconut jelly. Beyond enjoyment, the act of chewing is also associated with a sense of relaxation, making it a natural companion for moments that feel beyond control. The campaign builds on a key insight into Generation Z, who have grown up in a digital world where they can easily skip unwanted content, yet cannot skip real-life situations. “Mogu Mogu” steps in as a simple yet meaningful solution, helping them navigate those moments in their own way through a playful and sensory drinking experience.Ms. Piyajit Ruckariyapong, Chief Executive Officer of Sappe Public Company Limited, said, “Generation Z is a powerful force shaping global trends. They value experiences, fun, and authenticity. The ‘Wanna Skip? You Gotta Chew’ campaign reflects our deep understanding of their behavior. ‘Mogu Mogu’ is not just a beverage; it is an experience that helps consumers navigate everyday moments in a fun and natural way. This aligns with our ambition to grow a Thai brand into a truly global brand that resonates with consumers across diverse markets.”The campaign adopts a 360-degree strategy across both online and offline channels. Digitally, it leverages full-scale social media engagement and influencer collaborations in each market to drive awareness and participation. On-ground, the brand activates sampling and immersive brand experiences across key markets, including the Philippines, South Korea and the United Kingdom, bringing consumers closer to the brand and reinforcing emotional connections. This global rollout reflects SAPPE’s vision to elevate “Mogu Mogu” beyond refreshment into a “moment of tangible fun” that fits seamlessly into everyday life.“Mogu Mogu” is one of SAPPE’s flagship brands and a pioneer of the “Snack Drink” category, being the world’s first fruit juice beverage with nata de coco. Today, the brand is available in over 100 countries worldwide, known for its wide variety of flavors and distinctive chewy texture that sets it apart. With its strong global presence and continuous innovation, “Mogu Mogu” continues to win the hearts of consumers and strengthen its position as a fast-growing global brand. For more information and updates, follow “Mogu Mogu” on TikTok and Instagram, or visit www.mogumogu.com.About SAPPESappe PCL (SAPPE) is a leading Thai beverage innovator and the creator of the "Snack Drink" category through its iconic global brand, Mogu Mogu, now exported to over 100 countries across Asia, Europe, the Middle East, and beyond. The company specializes in fruit juice and functional health beverages designed to serve the evolving lifestyle needs of modern consumers around the world.SAPPE's diverse portfolio includes globally recognized brands such as Mogu Mogu, the world's first snackable drink; Sappe Aloe Vera, known for its refreshing taste and natural ingredients; and Sappe Beauti, a functional drink line focused on health, wellness, and women empowerment. Headquartered in Bangkok, Thailand, SAPPE is listed on the Stock Exchange of Thailand (SET) under the symbol SAPPE.Driven by innovation, deep consumer insights, and a strong commitment to sustainability, SAPPE operates with a balanced focus on product innovation, economic performance, social responsibility, and environmental impact. The company believes that building a sustainable future begins with valuing people, embracing diversity, and leading with authenticity, creativity, and the courage to drive positive change. SAPPE's mission is to inspire lives worldwide one meaningful beverage at a time.Sappe official: https://www.sappe.com/en/Facebook: https://www.facebook.com/sappeplaygroundInstagram: https://www.instagram.com/mogumogu_global/Line: https://shop.line.me/@sappeonlineShopee: https://shopee.co.th/sappe.officialEmail: corpcom@sappe.comSappe PCL [SET: SAPPE, SAPPE/F, SAPPE-R] https://www.sappe.com/en/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
SINGAPORE, May 27, 2026 - (ACN Newswire via SeaPRwire.com) - Navigating financial surprises in a fast-paced city like Singapore requires adaptability and access to the right tools. Whether you are dealing with an urgent medical bill, a sudden home repair that requires immediate funding, quick cash loans can provide the necessary liquidity.However, borrowing money should never be a hasty decision. Understanding both the benefits and the potential risks is essential for maintaining long-term financial stability. Below is a detailed breakdown of what you should consider before applying for a quick cash loan.Why choose quick cash loans?Curious about the benefits of cash loans? Explore the advantages below.Rapid access to fundsThe primary benefit of quick cash loans is speed. Traditional term loans can sometimes take days or even weeks to process. In contrast, many modern credit lines may offer faster approval and quicker fund transfers via digital banking platforms. This is crucial when you face an emergency, such as preventing late-payment penalties or urgent payment needs.Flexible borrowingUnlike fixed-term loans, where you receive a lump sum and pay interest on the whole amount, many quick cash loans operate as revolving credit lines. You only pay interest on the amount you actually withdraw. For example, if you have a credit limit of SGD 10,000 but only use SGD 2,000 to replace a broken refrigerator, you only get charged interest on that SGD 2,000 until it is paid off. This may offer flexibility in managing small, unpredictable gaps in your cash flow.Minimal documentationIn Singapore, the application process for quick cash loans has become more streamlined. Banks can now retrieve your income and employment data automatically, where available. This removes the need for physical paperwork and branch visits. For busy professionals, this convenience is a major advantage that saves time and reduces the stress of borrowing.Bridging short-term gapsQuick cash loans can be used for acquiring temporary funding. If you expect a work bonus or a tax refund next month and have considered your repayment obligations but require short-term cash, these loans may allow you to access funds more quickly without disrupting your savings plan. You can access the funds when needed and clear the balance once your expected income is received.Risks of quick cash loansTake a closer look at some of the risks associated with quick loans.Higher interest rates compared to long-term loansBecause quick cash loans offer speed and convenience without collateral, they often come with higher interest rates than secured loans like mortgages or car loans. If you do not have a clear repayment plan, interest can accumulate over time. It is important to compare the Effective Interest Rate (EIR) to understand the true cost of borrowing before you commit.Risk of overspendingThe ease of access has both risks and benefits. When funds are available instantly, it can be tempting to use them for non-essential lifestyle choices, such as luxury shopping or expensive holidays. This can lead to overspending, where you begin to rely on credit for routine costs rather than staying within your monthly salary.Impact on your credit scoreEvery time you apply for a loan or a credit line, a formal credit check is recorded with Credit Bureau Singapore (CBS). Multiple applications in a short window may negatively affect your credit assessment with lenders. Furthermore, if you fail to make even the minimum monthly payments on your quick cash loans, your credit score may drop. This could make it harder for you to get a home loan or other essential credit in the future.Potential hidden feesBeyond the interest rate, some facilities come with annual fees, processing fees, or late payment charges. Some lenders may charge a fee of SGD 100 or more just for missing a payment deadline by one day. You must read the fine print to ensure that the quick solution does not become a more expensive burden due to overlooked charges.How to use quick cash loans responsibly?To make the most of quick cash loans without falling into debt, follow these simple guidelines:Borrow only what you need: Just because your approved limit is high doesn't mean you should use all of it. Withdraw only the specific amount required for your emergency.Have a clear repayment strategy: Before you choose to withdraw, figure out your repayment options.Use for emergencies, not luxuries: Keep your credit line as an emergency backup for when you really need it. Avoid using it for lifestyle expenses.Monitor your balance: Regularly check your banking app to see how much you owe and when your next payment is due. Staying informed prevents late fees and high interest.Final thoughtsQuick cash loans can be a useful financial tool that provides flexibility, when used prudently. They allow you to handle life's surprises without the need to ask friends for help or sell your long-term investments. However, the responsibility lies with you to use this tool with discipline. By weighing the pros and cons carefully, you can ensure that your choice supports your financial goals rather than hindering them.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



















