A national conference was held in Hanoi on June 30 to disseminate and implement Resolution 10, which brought together government leaders, local authorities, and representatives of international businesses and investment funds.

Drawing on Japan's experience, Takuya Sahashi, vice chairman of Mitsubishi Corporation Vietnam, said Resolution 10, together with Resolution 68 on private sector development, would serve as the "two wheels" driving Vietnam's next phase of economic growth.

He welcomed the resolution's emphasis on attracting high-quality foreign direct investment (FDI) while strengthening linkages between foreign-invested and domestic enterprises, stressing that Vietnam's long-term development should not rely solely on foreign capital.

"Vietnam's economic development should not depend only on attracting foreign investment, but also on enabling Vietnamese enterprises to participate more deeply in global value chains," Sahashi said. "Through this process, advanced technologies, modern management practices, and international standards will gradually spread to domestic businesses, creating stronger spillover effects and reinforcing the country's industrial base."

To help realise the resolution's objectives, Sahashi called for a national programme to nurture domestic suppliers with strong growth potential, arguing that helping foreign-invested enterprises identify capable local partners is critical to expanding supply chains.

He also proposed improving supplier databases, expanding business-matching platforms and trade exhibitions, simplifying support programmes for SMEs, strengthening upstream industries, and encouraging closer collaboration between educational institutions and businesses to develop a highly skilled workforce. He added that tax incentives for corporate investment in vocational training and education should also be considered.

Citing a recent survey by a Japanese government agency, Sahashi noted that 57 per cent of Japanese companies operating in Vietnam plan to expand their businesses, the highest proportion among ASEAN countries.

"This demonstrates Japanese companies' confidence in Vietnam's long-term investment prospects," he said.

Representatives of international investment funds also welcomed Resolution 10, describing it as a strong signal of Vietnam's commitment to improving FDI quality and developing the capital market as a strategic channel for mobilising international resources.

Dominic Scriven, chairman of Dragon Capital, described Resolution 10 as "a very important resolution for foreign investors" because it clearly recognises the foreign-invested sector as "an inseparable part of Vietnam's economy," reinforcing the principle of equal treatment for all investors.

He also welcomed the resolution's shift from attracting capital by volume to prioritising investment quality, saying, "It is no longer just about capital, but about technology, management expertise, international standards, and sustainable development."

Scriven added that the resolution's commitment not to sacrifice the environment, natural resources, or social welfare for investment would strengthen Vietnam's long-term competitiveness.

Scriven said he was particularly encouraged that the resolution identifies the capital market as an important component of the foreign-invested economy. However, he warned that high financing costs remain a major constraint.

"The gap in the cost of capital between the public and private sectors is still too wide," he said, noting that while the State Treasury can issue long-term bonds at around 4 per cent annually, many businesses still pay 10-12 per cent on three-year corporate bonds.

Dragon Capital therefore proposed incentives for foreign-invested enterprises to retain profits for reinvestment in Vietnam, faster progress towards emerging market status, completion of the central counterparty framework, improvements to foreign exchange mechanisms, a review of foreign ownership limits where appropriate, and more flexible listing requirements for innovative technology and AI companies with accumulated losses.

Meanwhile, Michael Kokalari, chief economist at VinaCapital, said Vietnam was becoming "an increasingly attractive destination for international investors" and argued that the country should maintain momentum in developing large-scale infrastructure projects.

"These projects require substantial long-term capital, and this is an area where VinaCapital and international investors can partner with Vietnam," he said.

Kokalari added that Resolution No10 would further strengthen the economy by encouraging closer linkages between foreign-invested enterprises and domestic suppliers, enhancing Vietnam's competitiveness and attractiveness to global investors.

On June 29-30, the Department of Climate Change (DCC) under the Ministry of Agriculture and Environment organised the workshop entitled "Training on the facility-level GHG inventory reporting system and GHG emission mitigation for thermal power, cement and iron and steel sectors".

The workshop took place in the context of Vietnam highlighting the roadmap for building a carbon market, including completing the measurement-reporting-verification (MRV) system, allocating emission quotas, and establishing a carbon credit trading mechanism.

Dr Luong Quang Huy, head of the Greenhouse Gas Emissions Management and Ozone Layer Protection Division at the DCC said, “The goal of GHG inventory is to comply with regulations, and to help businesses clearly identify their “emission footprint” throughout the entire production chain, thereby building an emission reduction roadmap suitable to their actual conditions.”

“Although the legal framework and basic technical tools have been completed, the foundation of the emission quota and carbon credit trading system remains GHG inventory and emission reduction at each facility. The most important thing is to conduct accurate inventories, ensuring that emission figures accurately reflect reality,” Huy said.

Makiko Inamori, project formulation advisor, the Japan International Cooperation Agency (JICA), said, “Besides establishing a GHG reporting system and preparing for the Emission Trading System, Vietnam is also implementing a domestic carbon market. With these efforts, we recognise that the country is playing a leading role in carbon pricing in the ASEAN region.”

“Japan, with its extensive experience in managing facility-level reporting and implementing energy-saving measures for the thermal power, cement, and steel industries, is always ready to cooperate and share useful lessons with Vietnam. This will be a useful reference source, helping Vietnam transition to a low-carbon economy," he added.

The training session consisted of two parts. The first part focused on updating the core legal framework. The representatives of state management agencies presented a specialised topic on updated legal regulations.

Technical experts on GHG emission reduction planning from JICA shared international lessons learned on emission cataloguing. In addition, technical experts guided the process of developing and implementing grassroots-level GHG emission reduction plans, helping to transform raw data into mitigation solutions.

Vietnam's legal system is strictly implemented, including Article 91 of the 2020 Law on Environmental Protection, Decree No.06/2022/ND-CP, and Decree No.119/2025/ND-CP amending and supplementing regulations, creating a mandatory legal framework shifting from voluntary to strict compliance.

The second session focused on practical guidance on the GHG Inventory Reporting System at the grassroots level. JICA's technical expert on the online greenhouse gas inventory system introduced the interface and features of the online GHG inventory reporting system at the grassroots level.

This electronic system integrates calculation methods that have been validated by ministries and sectors, simplifying the calculation process for businesses. Through the practical session, delegates practised step-by-step, from accessing the system, entering specific industry-specific operational data, to generating reports and submitting trial applications.

Previously, the prime minister issued Decision No.263/QD-TTg approving the total greenhouse gas emission quota for the pilot phase during 2025–2026. The Ministry of Agriculture and Environment continued to issue Decision No.699/QD-BNNMT allocating quotas to 110 facilities in three major emitting sectors: thermal power, cement, and iron and steel.

According to the regulation, by 2025-2026, 110 facilities will participate, including 34 thermal power plants, 25 iron and steel production facilities, and 51 cement facilities.

Agricultural enterprises focus on emissions mitigation Many agricultural enterprises, especially food exporting and processing enterprises, are working to save energy, contributing to meeting the country’s greenhouse gas (GHG) emissions target.

Training on GHG emissions for private cement companies 50 cement manufacturers joined a 2-day training course on greenhouse gas (GHG) emissions inventory and mitigation from December 14 to 15.

Vietnam operates greenhouse gas reporting system online A reporting system for facilities to upload their greenhouse gas (GHG) emissions data online has been completed, and will be updated when the Ministry of Industry and Trade, the Ministry of Construction, and the Ministry of Transport issue detailed guidance for their respective areas, according to a recent consultation meeting.

Citi volunteers in Hanoi Branch joined hands to build a new playground and library at Huong Nha Primary School in Phu Tho province

The new playgrounds provide safe and engaging spaces where students can develop physical strength, coordination, confidence and social skills.

The libraries will open doors to knowledge and discovery, offering books, educational games, quiet study areas and community reading activities.

Through these education-related projects, Citi Vietnam aims to create real and lasting impact for children and local communities, while encouraging employees to participate actively in volunteerism and community engagement.

“At Citi, our mission is to enable growth and economic progress. We believe that volunteerism is a key way that we deliver on our shared mission to enable economic growth and progress at the local level,” said Minh Ngo, Citi Vietnam’s country officer and banking head.

“By volunteering with schools and supporting libraries and safe playgrounds, we contribute to the skills, confidence and opportunities they will need for the future. Global Community Day is meaningful for Citi colleagues to live our mission through practical action in the communities we serve.”

Citi volunteers in Ho Chi Minh City carried out a similar initiative at Tuoi Tho Kindergarten in Lam Dong province

Global Community Day is Citi’s annual tradition of coming together across the world through volunteerism, building lasting connections with each other and the communities. In Vietnam, Citi’s 2026 activities reaffirm the bank’s continued commitment to creating positive community impact.

Citi sharpens its focus on institutional banking Citi boasts strength in cross-border payments and supply chain finance. Minh Ngo, newly appointed Citi country officer and banking head for Vietnam, discussed the bank’s strategic priorities in this country with VIR’s Thien Huong.

Citi Vietnam named Best Commercial Bank 2026 by The Asset Triple A Citi Vietnam on May 7 announced that Citi Vietnam has been awarded "Best Commercial Bank 2026" at The Asset Triple A Sustainable Finance Awards.

Citi Vietnam named Best Sustainable Bank by FinanceAsia Citi Vietnam has been named Best Sustainable Bank in Vietnam at the FinanceAsia Awards 2026, reinforcing the bank’s role in supporting clients and the country’s long-term sustainable development agenda. The award ceremony took place in Hong Kong on June 25.

With product carbon footprint management at its core, Sinopec has established a comprehensive carbon management system spanning the full product lifecycle and aligned with both Chinese and European standards. The company has also become the first to achieve mutual recognition with BASF on carbon footprint accounting, creating a replicable model for cross‑border green collaboration.

Sinopec's efforts in green energy supply, low‑carbon technology R&D, and supply chain carbon assessment demonstrate the group's commitment to advancing China's "dual carbon" goals and set a practical benchmark for ESG implementation in the global energy and chemical industry.

At the conference, a Sinopec representative delivered a keynote titled Cleaner Energy, Better Life: Deepening China-Europe Green Cooperation for a Low-Carbon Energy Future. The phrase Cleaner Energy, Better Life serves as both Sinopec's guiding principle for green and low-carbon development and its solemn commitment to the world. The speech noted that green and low-carbon development is a shared pursuit of all humanity and that China and Europe have vast potential for cooperation in this field.

The conference, as an open and professional exchange platform, takes the role of encouraging Chinese and European enterprises to work together in advancing sustainable development and jointly charting a blueprint for a greener future.

Aligned with its "Dual Carbon" goals, Sinopec has made product carbon footprint management a strategic pillar of its ESG agenda, driving international standards alignment and enhancing global competitiveness. The company has built a comprehensive carbon management framework underpinned by strong top-level governance, full lifecycle coverage, and integrated alignment with domestic and international carbon management systems.

Committed to open collaboration, Sinopec has proactively advanced mutual recognition of carbon footprint methodologies with European counterparts, reaching accounting standard alignment with BASF to support the low-carbon transformation of the global chemical industry.

Meanwhile, Sinopec has embedded low-carbon requirements throughout its procurement processes, extending carbon footprint management from its internal operations to the broader industrial chain, continuously driving green upgrades across its entire supply chain.

Please visit http://www.sinopec.com/listco/en/ for more information from Sinopec.

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In operational technology (OT) environments, third-party remote access is essential for maintenance, troubleshooting, and equipment support. However, as ransomware groups increasingly target manufacturing organizations, security teams are facing growing pressure to balance operational continuity with cybersecurity, compliance, and vendor access control.

"Many organizations focus on keeping attackers out, but far fewer examine how much access is available once someone gets in," said Knud Kegel, CTPO at Secomea. "In manufacturing environments, remote access is essential for keeping operations running. The challenge is making sure that access is controlled, temporary, and visible."

Manufacturers rely on machine builders, system integrators, and service providers to support critical equipment remotely. However, always-on access, shared credentials, and limited oversight can create opportunities for attackers to move through environments once an initial compromise occurs.

While the specific circumstances vary from incident to incident, recent attacks highlight a common challenge: balancing operational access with security and oversight.

According to Secomea, organizations should focus on three areas:

Reduce standing access
Vendor access should be granted only when needed and removed when the task is complete. Limiting access windows reduces the opportunity for misuse, credential abuse, and unauthorized activity.

Improve visibility and accountability
Organizations should be able to see who accessed systems, when they connected, and what actions were performed. Detailed audit trails support investigations, compliance requirements, cyber insurance reporting, and incident response.

Prepare for containment
When suspicious activity is detected, security and operations teams need practical ways to isolate affected assets and prevent disruptions from spreading across production environments.

Effective OT access governance combines least-privilege access, just-in-time vendor access, auditability, and rapid containment to reduce cyber risk while maintaining operational continuity.

These measures have become increasingly important as manufacturers face growing regulatory scrutiny, rising cyber insurance requirements, and continued pressure to maintain operational uptime.

Practical steps for ransomware-ready OT remote access

As manufacturers review their cyber resilience strategies, Secomea recommends assessing whether the following controls and processes are in place:

• Just-in-time vendor access instead of persistent remote connections
• Approval-based workflows for access to critical systems
• Least-privilege permissions for users and vendors
• Audit trails that support investigations, compliance, and forensic analysis
• The ability to quickly isolate affected assets during an incident

"The conversation is shifting from simply enabling remote access to governing it," said Knud Kegel. "Manufacturers do not need less connectivity. They need better governance of that connectivity. Organizations that can limit, monitor, and contain access are often better positioned to reduce operational impact when incidents occur."

"Ransomware resilience in manufacturing increasingly depends on how organizations govern remote access to OT systems," added Knud. "Just-in-time vendor access, visibility into remote sessions, and the ability to contain affected assets are becoming foundational cybersecurity controls."

The system fully complies with the latest EU RoHS Directive and mercury-free environmental regulations. Combining advanced semiconductor UV technology with sustainability, it is designed for a wide range of applications including industrial production lines, commercial water purification, and centralized water supply systems. This innovation accelerates the global transition from traditional mercury-based UV lamps to UVC LED solutions, offering an efficient, intelligent, and environmentally friendly disinfection alternative.

1. High-Flow Design for Diverse Water Applications

With the implementation of the Minamata Convention on Mercury, mercury-free UVC LED water treatment technologies are rapidly becoming the industry standard, replacing conventional mercury lamp systems. This new product utilizes solid-state UVC LED semiconductor light sources, completely free of mercury and compliant with EU RoHS Directive. It is also registered with the U.S. EPA for device establishment, eliminating mercury contamination risks at the source and supporting sustainable development goals.

Designed specifically for high-flow applications, the system integrates UVC LED technology with optimized structural engineering to achieve over 99.999% inactivation of bacteria and viruses. The design supports a water flow rate range from 24 LPM to 200 LPM (6–52 GPM), combined with a wide range of voltage input (100–240V), ensuring high adaptability across various application project requirements. It can be flexibly deployed in commercial buildings, large residential communities, industrial processing plants, and centralized water supply systems, significantly reducing system selection complexity and costs. Additional advantages include instant on/off operation, long service life, and low maintenance requirements, effectively addressing the limitations of traditional mercury UV disinfection systems such as contamination risks and complex upkeep.

2. Verified Disinfection Performance with Third-Party Certification

Disinfection efficacy is the core performance indicator of water treatment systems. The MASSPHOTON MP-UVC-200LP series has been rigorously tested and certified by internationally recognized third-party organizations HKCC and SGS. Test results confirm that under standard operating conditions, the system consistently achieves over 99.999% inactivation of common microorganisms, including Escherichia coli. Notably, for Bacillus subtilis spores (ATCC 6633), the system achieved a >99.999% inactivation rate at a flow rate of 48 LPM, as verified by SGS. These third-party test results provide strong, objective validation of the system's disinfection performance, ensuring safe water supply for commercial and industrial applications while reinforcing market confidence in the technology.

3. Intelligent Monitoring and Reduced O&M Costs

To meet the needs of modern smart water management systems, the MP-UVC-200LP series is equipped with an intelligent control system for real-time monitoring and management. The system continuously tracks key parameters such as UVC intensity/power density, delivered UVC dose, LED lifetime, and cumulative operating hours. It also features a self-diagnostic module to simplify troubleshooting and maintenance. A user-friendly interface combined with remote IoT monitoring via a mobile app allows operators to easily manage system performance and status.

This intelligent design enhances operational stability, facilitates system integration, and significantly reduces both engineering and long-term maintenance costs.

4. Rapid Market Growth and Inevitable Mercury-Free Transition

The global UVC LED water disinfection market is experiencing rapid growth, driven by environmental regulations and the phase-out of mercury-based UV light sources. Demand for compliant, stable, and certified mercury-free disinfection solutions continues to rise.

Key market insights include:

The UV disinfection system market in water and wastewater treatment reached USD 1.49 billion in 2025 and is projected to grow to USD 4.3 billion by 2035.

The UVC LED segment reached USD 1.06 billion in 2025, with a projected CAGR exceeding 33.8% from 2026 to 2035.

Across residential, commercial, and industrial sectors, demand is accelerating for high-performance, compliant, and scalable mercury-free solutions. The launch of MASSPHOTON's high-flow UVC LED system precisely aligns with this trend, filling a critical gap in the high-end, large-capacity water disinfection market.

For product information, technical consultation, or business inquiries, please visit our official website at www.massphoton.com.

The approval was granted under Malaysia's National Regulatory Sandbox framework for autonomous delivery vehicles. Road trials are expected to begin in the coming weeks in Cyberjaya, the country's flagship smart city and technology hub.

The milestone positions Malaysia as a strategic launchpad for Neolix's broader Southeast Asia growth strategy, following the company's ongoing expansion efforts in Singapore and across the Asia-Pacific region. Neolix has been actively advancing deployment initiatives in Singapore, where the company has been working with regional partners to explore autonomous urban logistics and smart-city delivery applications.

Neolix's autonomous delivery vehicles are designed to redefine urban logistics, driving down operational costs, boosting delivery efficiency, and unlocking a new standard for how goods move through cities.

The Malaysia approval comes as governments across Southeast Asia accelerate investment in AI, robotics and smart mobility infrastructure.

The region has emerged as a critical global manufacturing and technology base, with expanding demand for automated logistics solutions driven by e-commerce growth, labor shortages and increasing pressure on urban fulfilment networks. According to DBS Bank, Southeast Asia's e-commerce economy is projected to grow from USD 184 billion in 2024 to USD 410 billion by 2030.

"Malaysia represents an important next step in Neolix's international expansion strategy," said the Head of Southeast Asia Operations at Neolix. "We see strong long-term demand for autonomous logistics infrastructure across the region, and Malaysia provides an ideal environment to validate technologies designed specifically for dense urban Asian markets."

Testing will span closed-road, semi-open and public-road environments in Cyberjaya and several other locations, evaluating vehicle performance across real-world urban conditions including traffic signals, intersections and speed bumps.

Malaysia's left-hand traffic system also provides a valuable testing environment for deployment across many Asia-Pacific markets.

Cyberjaya is home to Malaysia's official Malaysia Autonomous Vehicle (MyAV) testing route, developed jointly by the Ministry of Transport and Futurise under the National Regulatory Sandbox initiative. Companies participating in the program must undergo technical and safety evaluations by the MyAV Evaluation Committee before operating on public roads.

Neolix's Malaysia pilot will be conducted together with a consortium of local and regional partners, including:

• Tiong Nam Logistics, a major logistics service provider in Malaysia and across ASEAN
• Asia Mobiliti, a Malaysia-based Mobility-as-a-Service (MaaS) technology company
• MindHub, an AI infrastructure company focused on Southeast Asia

The company expects to wrap up sandbox testing with its initial partners in phases throughout the second half of this year. Together, the partners will evaluate multiple use cases including express parcel delivery, campus logistics and on-demand e-commerce fulfilment. The initiative is expected to help establish operational standards and deployment models that could support future commercial expansion across Southeast Asia.

Neolix has rapidly expanded its international autonomous delivery footprint over the past two years. In 2025, the company became the first autonomous delivery operator to receive a commercial vehicle licence in Abu Dhabi and has since deployed hundreds of autonomous delivery vehicles across the UAE in partnership with regional e-commerce platform Noon and express delivery company iMile.

The company expects to deploy more than 10,000 vehicles across the UAE by the end of 2026, while simultaneously expanding operations in Saudi Arabia, Qatar and Oman.

To date, Neolix has deployed autonomous delivery systems across 15+ countries and regions and more than 300 cities worldwide, with cumulative autonomous driving mileage exceeding 170 million kilometres.

The company is actively advancing localization programs across China, the UAE, Japan, South Korea, Singapore, Thailand, Germany, Portugal and Australia as it builds what it sees as the next generation of intelligent urban delivery infrastructure.

Sustaining Market Transparency

IDX continues to actively scale disclosure initiatives on its website, granting public access to listed companies' share ownership data, free-float information, and High Shareholding Concentration disclosures. Since March, IDX has been publishing share ownership information for shareholders holding over 1% of a listed company's shares. Furthermore, listed companies continue to comply with requirements to disclose ultimate beneficial owners with holdings exceeding 10%, along with updated free-float data, in monthly reports.

To strengthen engagement, the SROs provide IDX Hotdesk (hotdesk@idx.co.id), an open communication channel for investors to obtain information and provide feedback. These long-term initiatives further align the Indonesian capital market with international best practices while steadily enhancing competitiveness and governance.

Strong Market Activity Amid Global Uncertainty

Indonesia's capital market continues to demonstrate resilience despite heightened global uncertainty. Although the IDX Composite (IHSG) closed at 5,883.88 on June 24, trading remains robust. Average daily trading value reached USD 1.44 billion (IDR 24.6 trillion), a 36.3% increase year-to-date, while average daily trading frequency rose 49.4% to 2.67 million transactions.

Domestic participation also continues to expand. As of June 23, Single Investor Identification accounts reached 28.70 million, with retail investors contributing 52.5% of daily trading value. Net subscriptions into equity mutual funds reached IDR21.98 trillion (USD 1.35 billion) as of April 20, substantially exceeding the same period in 2025 (IDR6.27 trillion).

Overall, five CU Medicine disciplines rank among Asia's top three – Gastroenterology & Hepatology, Endocrinology & Metabolism, Clinical Medicine, Surgery, Radiology, Nuclear Medicine & Medical Imaging – while seven are ranked No. 1 in Hong Kong, namely Gastroenterology & Hepatology, Endocrinology & Metabolism, Clinical Medicine, Surgery, Radiology, Nuclear Medicine & Medical Imaging, Neuroscience & Behaviour, and Oncology, underscoring the Faculty's broad excellence in research, clinical care, and education.

Driving Breakthroughs in Gastroenterology & Hepatology

CU Medicine's sustained global prominence is driven by pioneering research and clinical innovation that continue to shape international clinical practice.

In gut microbiome research, CU Medicine leads the region through its Asia's first Microbiota Transplantation and Research Centre, pioneering in fecal microbiota transplantation (FMT), early-life microbiome research, and non-invasive diagnostics. Landmark discoveries include identifying novel microbiome biomarkers for autism spectrum disorders, as well as demonstrating that modulating gut microbiota may alleviate anxiety symptoms. In another world-first breakthrough, faculty researchers revealed that Streptococcus anginosus can cause gastric cancer, providing new insights for future clinical intervention.

CU Medicine has also been at the forefront of non-invasive and endoscopic innovation, transforming patient care by reducing surgical trauma and speeding recovery. The Faculty is the first in the world in pioneering endoluminal robotics for treatment of GI cancers. Today, CU Medicine also serves as the world's first testing ground for a novel AI-powered upper gastrointestinal endoscopy system, enhancing early cancer detection with greater precision using robotic technology.

The Faculty has also led major international initiatives, notably The Lancet Commission on liver cancer, marking a historic first in the journal's 200-year history as a major cancer report spearheaded by Hong Kong scholars. Five CU Medicine scholars, including one as the first author, formed the 51-strong commission with experts from the US, Europe, and Asia. This pivotal role reflects the powerful recognition of CU Medicine's contribution to and leadership in global liver cancer and disease research.

Bringing these bench-to-bedside capabilities directly to patient care, CU Medicine was the first in the world to define stool microRNA and bacterial biomarkers for the early, non-invasive diagnosis of colorectal cancer. In tandem with these diagnostic advancements, researchers recently revealed a novel "clear out–feed in" function of the macrophage subtype "TREM2+ LAM", which provides nutrients to cancer cells during the process of clearing apoptotic cells (efferocytosis), highlighting a new drug target for liver cancer immunotherapy.

Professor Philip Chiu, Dean of Medicine at CUHK, stated, "Sustaining a top-three position globally for four consecutive editions underscores the broad and enduring excellence of CU Medicine. True medical advancement requires the courage to pioneer what has never been done before, and our teams have proven that Hong Kong scholars can lead the world in clinical and scientific breakthroughs. Building on this momentum, we will continue to break boundaries, accelerate the translation of frontier research, and cultivate the next generation of globally minded, empathetic medical leaders."

Please visit http://www.med.cuhk.edu.hk for more information.

METiS TechBio will receive a $20 million upfront payment and is eligible to receive up to $1.6 billion in development, regulatory, and commercial milestone payments, in addition to tiered royalties on product sales.

METiS TechBio's proprietary NanoForge platform has achieved deep integration across AI-based protein design, drug delivery system engineering, and therapeutic innovation, reflecting validation from top-tier global capital and industry partners. This transaction marks a shift in AI-enabled drug delivery platforms from early technological validation toward global commercialization value realization.

MTS-128 is a next-generation trispecific T-cell engager developed by METiS TechBio through its NanoForge platform. Unlike traditional antibody discovery approaches, MTS-128 is designed and optimized end-to-end through NanoForge-enabled AI-driven molecular engineering, representing a key example of AI-enabled therapeutic innovation at METiS TechBio.

Compared with conventional bispecific T-cell engagers, trispecific TCEs can simultaneously engage multiple biological mechanisms, with the potential to enhance target cell killing efficiency, increase therapeutic window and reduce off-target toxicity. The development of MTS-128 reflects METiS TechBio's integrated capabilities in artificial intelligence and protein engineering, while also demonstrating NanoForge's ability to continuously generate novel therapeutic assets.

METiS TechBio's proprietary AI-enabled nanodelivery platform, NanoForge, is built on an integrated "dry lab + wet lab + agent-based intelligence" innovation framework, powering four core solution engines: AiLNP (AI-driven lipid nanoparticle design), AiRNA (AI mRNA sequence design), AiProtein (AI protein and antibody design), and AiTEM (AI small molecule formulation design).

NanoForge enables an end-to-end innovation chain spanning AI-based protein generation, in vivo delivery technologies, and next-generation immunotherapy development. In particular, the AiProtein platform supports rapid discovery and optimization of novel therapeutic proteins, including T-cell engagers, in vivo protein therapeutics, and other advanced immunomodulatory modalities.

"This transaction represents an exciting development in the strategic alliance between METiS and Deerfield at a pivotal moment for AI-driven drug delivery innovation in China," said Chris Lai, Chairman and Chief Executive Officer of METiS TechBio. "The MTS-128 program demonstrates NanoForge's ability to enable next-generation drug discovery and development. This is only the beginning. Leveraging NanoForge as our core engine, we will continue to generate globally competitive therapeutic assets. As AI converges with drug delivery technologies, we aim to advance transformative therapies from concept to global development, bringing more accessible innovative treatments to patients worldwide."

Unlocking a healthier world through AI-driven nanotechnology. METiS Technologies (7666.HK) is a pioneering TechBio company at the intersection of artificial intelligence and nanomaterial science, focused on transforming the delivery and application of active agents across life forms. On May 13, 2026, METiS successfully listed on HK exchange as the first listed AI-powered drug delivery company.

Founded by a team of MIT-trained scientists with deep expertise in AI, quantum mechanics, nanomaterials, and advanced drug delivery, the company has developed NanoForge, the world's first AI-drive nano-delivery platform and four proprietary platform technologies, AiLNP – AI platform for nucleic acid delivery system design; AiRNA – AI platform for mRNA sequence optimization; AiProtein - AI platform for protein and antibody design and AiTEM – AI platform for small molecule formulation design.

METiS' platforms simulate, predict, and interpret nanoscale interactions to enable rational design, optimization, and validation of next-generation nanomaterials and their payloads. By advancing AI-enabled nanotechnology, METiS strives to unlock new therapeutic possibilities across a wide range of diseases, including cancer, metabolic and autoimmune disorders, and neurodegenerative conditions, and improve the health of lives. For more information, please visit www.metistechbio.com.

"The Gulf of America is one of our highest-value basins, and we are actively shaping our portfolio to ensure our Upstream business continues to be resilient and increasingly competitive," said Peter Costello, Shell's Upstream President. "We remain focused on sustaining our material liquids production into the next decade."

Shell's deep-water business is differentiated by its scale, efficiency, and infrastructure. Shell is the only international oil company with a leading portfolio position in both the Gulf of America and Brazil, two of the highest-margin and lowest-carbon production basins in the world.

The transaction has an effective date of July 1, 2025, and is expected to close by the end of 2026, subject to regulatory approvals.

• Pharmaceutical-Grade 95% High Concentration : WHC fish oil sets a clear boundary against generic alternatives that offer only 30%-50% purity. This made in Europe, GMP-compliant High-concentration fish oil delivers clinical-grade efficacy directly to the cells.
• Joint R&D with KD Pharma: As a GOED member, WHC partners with pharmaceutical giant KD Pharma, utilizing Supercritical Fluid Chromatography (SFC) technology to pioneer a new era in high-purity extraction.
• Patented rTG Form & Certifications: Sourced from short-cycle small deep-sea fish to ensure purity, WHC uses the highly bioavailable rTG form, delivering a 4x higher absorption rate than standard oils. Efficacy and safety are guaranteed by IFOS 5-star and Labdoor top rankings.
• Localized Formulation Strategy : WHC addresses the chronic Vitamin D deficiency prevalent among Southeast Asian urban professionals due to air-conditioned offices. Its flagship UnoCardio 1000 combines high-purity Omega-3 with Vitamin D3, offering the perfect synergy for modern lifestyles.

The issuer is solely responsible for the content of this announcement.

The issuer is solely responsible for the content of this announcement.

Building Performance Modelling as a Strategic Tool
Integrated modelling uses computer-based simulations to predict how a building will perform even before it is constructed. By analysing factors such as energy consumption, indoor comfort, daylight access, airflow, and operational efficiency, it helps project teams understand how design decisions may affect a building's long-term performance.

Traditionally, this approach has been used to support compliance with building regulations and sustainability certification frameworks. However, its role is expanding as project teams increasingly seek data-driven insights during the design process.

One factor contributing to this trend is the growing focus on measurable operational outcomes. Frameworks such as NABERS Commitment Agreements and Section J Performance Solutions require project teams to demonstrate expected building performance before construction begins. As a result, modelling is becoming an increasingly valuable tool for evaluating whether design targets can realistically be achieved.

The approach is already widely adopted across Australia's construction sector. Research indicates that approximately 90% of new residential developments and 85% of non-office commercial projects now incorporate building performance modelling. At the same time, around 53% of standard projects and 49% of premium projects are using modelling primarily for compliance-based assessments.

"Modelling is increasingly viewed not just as a compliance requirement, but as a practical tool for evaluating whether design targets can realistically be achieved," shared Erika Yuniarti, Managing Director of Afogreen Build.

Integrated Modelling Provides a Broader View of Building Performance
Many project teams are also moving beyond assessments that focus on a single performance metric.

Integrated modelling evaluates multiple aspects of building performance together, including:

• Energy use
• Thermal comfort
• Daylight access
• Ventilation
• Occupant experience

This approach allows stakeholders to better understand how different building systems and design decisions interact with one another.

By identifying potential issues earlier in the design process, project teams can make more informed decisions before significant design resources are committed. This can help reduce design revisions, improve overall efficiency, and provide greater confidence that performance objectives can be achieved once the building is operational.

Applications Across Multiple Sectors
The growing adoption of building performance modelling can be seen across a variety of project types. Recent projects undertaken by Afogreen Build highlight how simulation-based assessments are helping project teams evaluate performance, improve design outcomes, and support sustainability objectives.

a. Large-Scale Hotel Development
One project involved the transformation of a former police station site into a two-tower hotel complex with a gross floor area of approximately 25,000 sqm. The development combines a 131-room boutique luxury lifestyle hotel with a 451-room budget-friendly hotel, creating a diverse hospitality offering designed to serve different traveller segments.

To support both guest comfort and sustainability objectives, Afogreen Build conducted integrated daylight, glare, and energy modelling throughout the project. Daylight simulations showed that approximately 94% of guest rooms met daylight performance requirements, while glare assessments helped optimise visual comfort within occupied spaces.

Energy modelling indicated an overall reduction in energy consumption of 30.2% compared to baseline building performance. The analysis also identified key areas of energy use, providing valuable insights that can support future operational and system optimisation efforts.

b. Train Station Project
For a train station project, Afogreen Build adopted an integrated modelling approach to evaluate factors such as daylight access, thermal comfort, glare, and natural ventilation across key passenger areas, including the concourse and platforms.

The simulations helped project stakeholders better understand how environmental conditions would affect the passenger experience throughout the day. Findings from the study informed façade design strategies, balancing natural daylight with measures to reduce excessive glare and solar heat gain in occupied spaces.

The assessments also identified opportunities to improve thermal comfort and air movement within the station, supporting a more comfortable environment for commuters while maintaining energy-efficient design principles.

c. High-Performance Data Centre
Afogreen Build also applied building performance modelling to a 50 MW data centre project, where energy efficiency was a key design consideration.

The study evaluated the interaction between IT equipment, cooling systems, power distribution infrastructure, and other supporting building systems. By analysing how these components work together under operational conditions, the project team was able to gain a clearer understanding of the facility's overall energy performance and identify opportunities for optimisation.

The modelling contributed to an optimised Category 2 Power Usage Effectiveness (PUE) range of 1.19 to 1.31, reflecting a highly efficient approach to managing energy consumption within a large-scale, energy-intensive facility.

Together, these projects demonstrate how building performance modelling can be applied across diverse sectors, each with its own operational requirements and performance priorities.

The Future of Performance-Driven Design
As sustainability frameworks and performance expectations continue to evolve, Afogreen Build expects modelling to become an increasingly important part of project planning and design across a wide range of sectors.

"There is increasing emphasis on understanding how buildings are likely to perform before they are built, rather than waiting until they are operational to identify challenges," said Ms. Erika. "The ability to evaluate performance early in the design process is becoming increasingly valuable as projects face more complex sustainability and operational requirements. The team should work closely with project stakeholders to establish realistic assumptions and evaluate likely performance outcomes from the outset. This process helps reduce unnecessary design iterations, improve modelling efficiency, and increase the likelihood of achieving targeted performance objectives. By integrating performance considerations earlier in the design process, project teams are better positioned to deliver buildings that meet both compliance requirements and long-term operational goals."

For more information about building performance modelling and sustainability consulting services, visit Afogreen Build's website.

https://www.afogreenbuild.com/au/

The issuer is solely responsible for the content of this announcement.

The culinary campaign features a high-profile partnership between "Yang Ming Spring"—a prominent Taiwanese pure vegan culinary group honored with the Michelin Green Star—and Si Chuan Dou Hua Restaurant at PARKROYAL on Beach Road under the Pan Pacific Hotels Group. From July 1 to September 30, this exclusive plant-based menu highlights premium fresh ingredients sourced directly from Taiwan, including water snowflake, green bamboo shoots, cabbage, tea leaves, and the rising export star, the "Mango Pineapple," elevating Taiwanese produce onto international five-star tables.

The launch was attended by MOA Deputy Minister Hu Jong-I, Ministry counselor Wu Wen-ling, Pan Pacific Hotels Group Executive Director Ms. Wee Wei Ling, and Yang Ming Spring Founder Mr. Chen Chien-Hung. Deputy Minister Hu noted that this festival marks a critical milestone for Taiwanese agriculture as it integrates with green gastronomy globally. The MOA aims to connect Singaporean consumers with Taiwan's top-tier produce, establishing a premium brand image rooted in food safety and trust to unlock future export channels.

The launch elegantly incorporated Taiwan's Phalaenopsis orchid floral aesthetics to create a "five-sensory feast" that harmonized taste, vision, and cultural narrative, solidifying Taiwan's premium brand image. The event successfully drew over 80 distinguished guests, including mainstream Singaporean media, food critics, business chamber representatives, and executive chefs.

Concurrently, the official residence of the Taipei Representative Office in Singapore hosted the festival's thematic opening reception, serving as a premier venue for cultural diplomacy and showcasing the narrative of Taiwan's agricultural excellence. The exhibition focused on three themes: Taiwanese orchid aesthetics, Mango Pineapple innovation, and sustainable agriculture tourism. This space demonstrated Taiwan's agricultural evolution from precision R&D to green sustainability, highlighting its export potential to foreign diplomats and Singaporean trade buyers.

The MOA emphasized that the initiative's core strategy is to "drive tangible procurement through engaging and immersive experiences in our target markets." By bridging high-end dining with diplomatic prestige, the three-month campaign will maximize the visibility of Taiwanese agri-products across Southeast Asian markets. Aligning with global net-zero sustainability trends, the festival establishes a safe, premium brand image, paving the way for Taiwanese agriculture to integrate into global high-end supply chains and broader Asia-Pacific channels.

The issuer is solely responsible for the content of this announcement.

It gathered around 400 delegates from government departments, industry associations, financial institutions, AI enterprises and OPC startup operators across the country. Participants exchanged insights on AI innovation pathways and cross-industry integration strategies, injecting strong impetus into Hangzhou's ambition to develop a national benchmark hub for AI+OPC entrepreneurship.

A series of key launches and milestone ceremonies took place during the opening segment. Official releases included the 2026 national OPC development observation report, Hangzhou's 2026–2028 action plan and supporting policies to build a national AI+OPC entrepreneurship hub, and a catalog of actionable AI+OPC application scenarios. Attendees also received an in-depth interpretation of the specifications for AI-enabled OPC community services and evaluation.

The ceremony featured multiple landmark initiatives: plaque awarding for Hangzhou's priority AI+OPC incubation communities and dedicated observation sites, the official launch of the AI+OPC Community Alliance initiative, and a kickoff marking the official construction of the national AI+OPC entrepreneurship hub.

The open forum session featured keynote speeches from distinguished industry and academic leaders. Speakers included Pan Yunhe, former executive vice president of the Chinese Academy of Engineering and professor at Zhejiang University; Liang Gui, former executive vice governor of Jiangxi Province and ex-director of the Torch High Technology Industry Development Center under the Ministry of Industry and Information Technology; and Zou Ling, head of Hong Hub, Shangcheng District's single-member unicorn startup acceleration community, who shared cutting-edge insights from varied perspectives.

A panel dialogue followed, bringing together representatives from Moshu OPC Community (Beijing E-Town), the School of Future Science and Engineering at Soochow University, Qingju Hub · Future Digital Intelligence Port (Shangcheng District), and Puhua Capital for in-depth industry exchanges.

Complementary concurrent events held throughout the conference included an OPC capital-industry matchmaking salon, a symposium on industry-education integration for AI-powered OPC sectors, and a national exchange forum for AI+OPC community practitioners.

OPC has emerged as a vibrant new engine driving economic vitality and underpinning high-quality development. Against the backdrop of a new development era, the inaugural Hangzhou AI+OPC Innovation and Development Conference unites OPC innovators nationwide.

Drawing on the creative energy of millions of independent super-individual operators, the event delivers sustained digital momentum to fuel Hangzhou's super-individual economy, while rolling out replicable local practices and actionable Hangzhou solutions to advance high-quality growth of smart economies nationwide.

The issuer is solely responsible for the content of this announcement.

Officially joining the Dusit Collection brand on 1 July 2026, WE Hotel Toya, Dusit Collection marks the first Dusit Collection hotel in Japan and Dusit's third hotel in the country, building on the momentum established by ASAI Kyoto Shijo, a neighbourhood-inspired lifestyle hotel, and Dusit Thani Kyoto, a Michelin-Key recognised luxury hotel inspired by Kyoto's rich cultural heritage.

Dusit Collection is Dusit International's upper-upscale and luxury brand designed for distinctive hotels and resorts that celebrate individuality, local culture, thoughtful design, and a deep connection with each destination. Each property is carefully selected for its unique character and ability to create experiences shaped by the people, places, and stories that surround it.

Located on the shores of Lake Tōya, a scenic caldera lake at the heart of the Toya-Usu UNESCO Global Geopark in southwestern Hokkaido, and approximately 100 minutes by car from New Chitose Airport, WE Hotel Toya, Dusit Collection welcomes guests to one of Japan's most captivating natural destinations, celebrated for its volcanic landscapes, natural hot springs, outdoor adventures, and spectacular seasonal scenery.

Originally opened in 2018, the intimate luxury retreat features a striking architectural identity created by Kengo Kuma & Associates, whose extensive body of work includes the Japan National Stadium in Tokyo and Scotland's V&A Dundee design museum. Inspired by the surrounding landscape, the resort's design blends natural materials, warm textures, and a contemporary interpretation of Japanese craftsmanship to create a seamless connection between the interiors and the lake, forests, and mountains beyond.

The property features 55 lake-view guestrooms alongside three expansive two-storey villas offering additional space and privacy for families and small groups. Each guestroom offers approximately 37 sq m of living space and includes its own private open-air bath overlooking Lake Tōya, allowing guests to enjoy the calming tradition of Japanese open-air bathing in complete privacy. Guests can also enjoy a large communal bath with panoramic lake views, creating a restorative bathing experience deeply connected to the destination.

As part of its transition to Dusit Collection, the resort's culinary concepts have been refreshed to create a thoughtful dialogue between Japanese craftsmanship and Dusit's Thai heritage, showcasing the best of Hokkaido's seasonal ingredients alongside signature Thai influences.

EZO Cuisine celebrates Hokkaido's rich culinary heritage and highlights local producers through Japanese cuisine enhanced with refined international techniques. Breakfast highlights include Japanese and Thai set menus featuring locally sourced vegetables, premium Hokkaido rice, dairy products, seasonal juices, and original herbal teas, while dinner focuses on carefully crafted seasonal menus.

Guests can also discover authentic Thai noodle favourites at The Noodle Bar, including spicy and aromatic Tom Yum noodles and Khao Soi (a rich, coconut-based curry noodle dish from northern Thailand), while TARU Bar, named after the Japanese word for wooden cask, celebrates Japan's traditions of ageing and craftsmanship through a curated selection of organic Japanese teas from Dusit's tea garden in Kyoto, alongside sake, whisky, and craft liqueurs. Toya Bar completes the experience with creative cocktails, premium spirits, and relaxed lakeside evenings.

"Japan is an important strategic market for Dusit, and the arrival of Dusit Collection represents another exciting milestone in our journey to bring our unique style of Thai-inspired gracious hospitality to destinations with distinctive character and strong cultural appeal," said Chanin Donavanik, Group CEO, Dusit International. "WE Hotel Toya, Dusit Collection perfectly embodies the spirit of the Dusit Collection brand, demonstrating how thoughtful design, local connections, and personalised service can come together to create experiences that truly reflect their destinations."

Reservations for WE Hotel Toya, Dusit Collection are now open, with a special introductory offer inviting guests to experience the newly rebranded lakeside retreat. Available for stays from 1 July – 30 September 2026, the offer includes 20% savings on a half-board stay, including two meals daily.

For more information, please visit dusit.com/dusitcollection-wehotel-toya

The issuer is solely responsible for the content of this announcement.

• The "GBA Paradox": While there is a lot of talk about the Greater Bay Area's promise, an overwhelming 73.3% of Hong Kong PR agencies currently generate no revenue at all from the GBA. The Hong Kong government's recent launch of the GoGlobal connect platform, which can also connect agencies to Chinese companies, is one example of an opportunity to redress the situation.

• AI Adoption Gap: The PR sector has moved quickly to adopt AI: 81.3% of agencies now use ChatGPT, but 75% of agency leaders still flag AI as a top industry issue, struggling to bridge the gap between experimenting with tools and building disciplined, enterprise-wide operational workflows.

• Culture Trumps Cash: Defying the "revolving door" stereotype of agency life, the industry boasts a remarkably healthy median retention rate of 84.5%. When asked what keeps talent from leaving, 87.5% of leaders cited company culture as their number-one retention driver, completely eclipsing base compensation (43.8%).

Produced by Public Relations Hong Kong (PRHK) in collaboration with the Centre for Communication and Public Opinion Survey at The Chinese University of Hong Kong, the report captures an industry successfully navigating structural challenges while keeping a firm eye on renewed growth.

Financial Services, Tech, and Tourism Lead Growth
When forecasting growth for the next 12 months, 75.0% of agency leaders identified financial services, specifically banking, insurance, and fintech, as the sector with the most potential. This optimism is largely fueled by the anticipated revival of Hong Kong's IPO market, which is expected to generate significant communications mandates. Technology and travel/tourism tied for second, each cited by 56.3% of respondents as key growth drivers for the year ahead.

Penn Leung, Chairperson of PRHK, noted: "The Hong Kong PR industry is demonstrating remarkable resilience. While budget pressures and talent challenges remain, our agencies are adapting and showing a renewed sense of cautious optimism for 2026. The expected return of financial market activity and the structural expansion of tech and tourism prove that strategic communications counsel is more relevant than ever."

Budget Pressures and the Threat of Fee Discounting
Pricing and client budgets remain the industry's most pressing vulnerabilities. An overwhelming 81.3% of agency leaders cited shrinking client budgets as their number-one challenge for the coming year. Consequently, 68.8% of Hong Kong PR agencies admitted to discounting their professional fees in the last financial year to win assignments. The report warns that discounting at this scale carries compounding consequences, pushing down market fees and threatening the perceived value of strategic PR as a premium service.

David Ketchum, Research Chair of PRHK, commented: "The data reveals critical insights that agency leaders must address head-on. The disparity between ambitions in the Greater Bay Area and actual revenue generation is stark. Furthermore, the prevalence of fee discounting poses a structural threat to our industry. Agencies that will thrive in 2026 are those that firmly defend their value and operationalize new technologies to enhance their consulting-led strategies."

The issuer is solely responsible for the content of this announcement.

1. Increasing Competition
2. Economic Slowdown/Slow Recovery
3. Business Interruption
4. Work Injuries
5. Property Damage
6. Weather/Natural Disasters
7. Regulatory/Legislative Changes
8. Exchange Rate Fluctuation
9. Cash Flow/Liquidity Risk
10. Cyber Attacks/Data Breach

1. Increasing Competition
2. Economic Slowdown/Slow Recovery
3. Work Injuries
4. Regulatory/Legislative Changes
5. Cyber Attacks/Data Breach

The issuer is solely responsible for the content of this announcement.

The Group recorded a consolidated revenue of approximately HK$1,181.0 million for the Year, representing a year-on-year increase of 13.7%. The Group's product portfolio comprises Liquid Crystal Displays ("LCDs"), Liquid Crystal Display modules ("LCMs"), Thin Film Transistor modules ("TFTs"), Capacitive Touch Panel modules ("CTPs") (collectively "Display Business"), as well as artificial intelligence ("AI")-related products and AI computing services (collectively "AI Business"). During the year under review, revenue for Display Business increased by 2.6% to HK$1,021.7 million. Among which, the contribution of CTPs to the Group's total revenue has become increasingly significant, reflecting the Group's progress in expanding into higher value-added product segments. Meanwhile, the AI Business recorded strong growth, with revenue rising significantly by nearly 2.8 times to HK$159.3 million, emerging as a new growth driver. This rapid expansion highlighted the Group's early success in developing this segment, which is expected to play an increasingly important role in supporting the Group's long-term revenue and profitability.

For the year ended 31 March 2026, the Group achieved a gross profit of HK$125.9 million. The gross profit margin decreased slightly to 10.7%. This decline was mainly due to the high fixed costs associated with the AI Business. Profit attributable to owners of the Company surged to approximately HK$1,950.6 million, representing a decrease of HK$838.1 million as compared with that for the preceding year. This was primarily due to a non-recurring gain recorded in the preceding year from the disposal of the Group's entire interests in Nantong Jianghai Capacitor Company Ltd. ("Nantong Jianghai") (including the deemed disposal of the remaining 13.81% equity interests), which was a former associate of the Group. Basic earnings per share were HK212.7 cents. The board of directors ("Board") has proposed to recommend the payment of a final dividend of HK5.0 cents per share for the Year.

Commenting on the annual results of the Group, Fang Yan Tak, Douglas, Chairman of Yeebo, said, "During the year under review, the global business environment remained challenging. Amid geopolitical tensions and macroeconomic uncertainties, Yeebo remained committed to prudent execution, strengthening operational resilience, and focusing on long-term value creation. On one hand, we continued to broaden the application base of our core display business and deepen customer relationships. On the other hand, we made encouraging progress in scaling up our AI business, advancing ecosystem development, and driving commercial deployment. During the Year, the Group continued to increase its investment in AI compute and related businesses, achieving notable results in building a more comprehensive domestic AI compute service platform in Mainland China. Benefiting from the rapid development of the domestic AI compute industry, our AI business delivered strong growth and has increasingly become a key engine driving the Group's overall development."

For the Display Business, Yeebo is encouraged by the meaningful progress made in broadening our product offering, reflecting stronger product development capability and deeper engagement with customers. During the Year, the Group successfully secured consistent or first mass production orders across four application segments, namely (i) commercial coffee machines, (ii) automotive, (iii) household appliances and (iv) agricultural and construction machinery, demonstrating the Group's continued market expansion and laying a solid foundation for robust growth in Display Business going forward.

Regarding to the AI Compute and related business, Yeebo has operated its AI compute and related businesses through its wholly owned subsidiary, Suanova Technology Limited ("Suanova") over the past few years, and has successfully established itself as a key participant in China's AI industry value chain. Yeebo continued to step up its investment in AI compute and related businesses during the Year. Its investments into early-stage AI companies, including MetaX Integrated Circuits (Shanghai) Co Ltd (688802.SH), Shanghai Biren Technology Co Ltd (06082.HK) and Shanghai Xizhi Technology Co Ltd (01879.HK), have generated strong and favorable returns.

For the AI Business development, the Group expanded the number of domestic graphics processing unit ("GPU") clusters operated or managed under the public cloud service model to five, with utilization generally maintained at above 90%. These compute resources supported a broad range of AI for Science ("AI4S") applications as well as foundation model training and inferencing scenarios. It demonstrated the Group's increasingly mature capabilities in multi-network architecture compatibility, multi-platform scheduling, layered compute optimization and diversified application deployment. At the same time, the Group began to engage in the integration and delivery of private cloud GPU clusters of different scales and commenced the development of full-stack end-to-end AI solutions, taking initial steps toward becoming a domestic compute service provider with broader and more comprehensive service capabilities.

Over the past year, users of domestic GPU clusters were primarily concentrated in the AI4S field. Through long-term collaboration with leading universities and research institutions (Shanghai Jiao Tong University, Fudan University, Tsinghua University, the Shanghai AI Laboratory, the Shanghai Institute for Advanced Algorithms, Zhejiang University, Hong Kong Polytechnic University, Hong Kong University of Science and Technology, Westlake University etc.), the Group established a strong base of core users for the domestic GPU clusters. The Group progressively expanded the usage of domestic GPU clusters to foundation models and vertical industry-specific models across both training and inferencing. Through investing in selected early-stage AI companies with differentiated core capabilities, the Group further promoted the adoption of domestic GPU clusters. In addition, the Group has also completed the first single domestic GPU cluster training task at the thousand-card scale, further strengthening its leading position in the industry.

The Group believes the long-term strategic importance of domestic compute capabilities remains compelling. Through equity investments, joint research and development and business collaboration, the Group has actively begun to build an integrated ecosystem. Leveraging the AI computing ecosystem, the Group has collaborated closely with various key domestic hardware and software partners to enhance mutual compatibility and achieve synergistic optimization. This further strengthens the Group's capabilities in computing adaptation and scheduling optimization. Looking ahead, the Group will further accelerate the development of end-to-end domestic AI compute solutions for selected industries, including healthcare, financial services and AI4S, as well as model tools and extensions (such as low bit low resource training and memory OS). By combining relevant AI solutions with integrated domestic AI compute hardware and software, and offering flexible deployment through public cloud or private cloud models, we believe this business is increasingly well positioned to capture the opportunities arising from the continued development of AI.

The Group's capacitor-related investment interests continued to contribute to the overall strength of the Group's asset base during the Year. As at 31 March 2026, the Group held 100,600,932 shares in Nantong Jianghai, with a fair value of approximately HK$3.3 billion.

Fang Yan Tak, Douglas, Chairman of Yeebo, concluded, "Looking ahead, we will continue to refine our product portfolio, elevate production excellence, and optimize our customer structure to sustain our market position in the display market, while exploring new applications for our products across various sectors. We will continue to strengthen its strategic deployment in AI computing, and actively support Suanova in unlocking its technological innovation capabilities and platform potential. We believe that as AI applications continue to expand and deepen, computing power is gradually evolving into a core driving force behind a new wave of industrial upgrading. In the face of the historic opportunities brought by the AI wave, the Group will further intensify its investment in AI business, focusing on high-growth technology companies, and create synergies through collaboration to fully capture the development opportunities arising from the continued expansion of the AI computing market. We firmly believe that by upholding our commitment to technological innovation and continuously deepening ecosystem collaboration, we will sustain a leading position in the intelligent era and deliver long-term, sustainable value to the Group and its shareholders."

The issuer is solely responsible for the content of this announcement.

The EUR 7 billion programme was established on the Hong Kong Stock Exchange on 28 May 2026, following approval of its base prospectus by Luxembourg's Commission de Surveillance du Secteur Financier (CSSF) on 27 May 2026, allowing the issuer to raise debt in multiple tranches, currencies, structures and maturities over time. For OTP - which holds an AAA issuer rating on the China national scale from Lianhe Ratings, the highest available - it establishes a permanent platform for trading with certain OTP bonds, and later for raising capital from Asian institutional investors.

On 16 June 2026, OTP priced the programme's inaugural issuance: a EUR 1 billion Tier 2 note, listed in Hong Kong and Luxembourg. It is OTP's largest-ever bond transaction and, as at the issue date, the largest euro-denominated Tier 2 note issued by a bank in the CEE and wider CEMEA region. The offering drew a peak order book of EUR 4.1 billion - the largest in OTP's history - and priced at a coupon of 4.625%.

The listing builds on OTP's growing presence in Asian capital markets. In 2025 OTP issued its first Dim Sum green bond, raising CNH 900 million and becoming the first Hungarian institution to issue a public offshore renminbi green bond, following a CNY 300 million bond in 2024. The Bank has operated a representative office in Beijing since 2017, became a full member of the Asian Financial Cooperation Association (AFCA) in 2024, and maintains a strategic partnership with the Industrial and Commercial Bank of China (ICBC).

Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, said: "Listing our EMTN programme in Hong Kong is a clear demonstration of OTP Bank's long-term vision and strategic commitment to international capital markets. Hong Kong excels itself as one of the world's leading international financial centres, serving as a vital bridge between East and West. For OTP Bank, this is not only an opportunity to access liquidity, but also to deepen relationships and build lasting trust with investors in this dynamic region. The demand we have seen for OTP's credit, including the record order book for our inaugural issue off the programme, reflects the growing interest in high-quality European issuers."

As Asian investors increasingly look to Europe to diversify their portfolios, Central and Eastern Europe offers a distinctive proposition: emerging-market growth rates combined with the low-risk profile of the European Union. The region's attractiveness is reinforced by its convergence towards the eurozone. Three of the five countries in which OTP is the market leader sit at the heart of Europe's euro-convergence story - Bulgaria, which adopted the euro on 1 January 2026, Slovenia, which adopted the euro years ago, and Hungary, OTP's flagship market, where the recently elected government aims to create the conditions for euro adoption around 2030.

OTP combines what rarely comes together in European banking: high growth, strong profitability and an ultraconservative balance sheet built for resilience. OTP Group is one of the largest and fastest-growing banking groups in the region, recently ranked 398th on the Forbes Global 2000 list, up from 1007th place in 2022. It pairs an annual organic loan growth of around 15% with a disciplined acquisition record and high profitability - a 2025 return on equity of 21.6% - and with an ultraconservative balance sheet: a leverage ratio well above its European peers, strong capital and liquidity, and one of the most resilient outcomes in the European Banking Authority's latest stress test. In 2023, OTP became the first European bank to enter Uzbekistan, bringing the total population across OTP's markets to 110 million.

Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, added: "We believe the combination of growth, profitability and stability is what makes OTP an attractive name for fixed-income investors. This is also reflected in our recent ranking among the world's top 500 companies by Forbes.These achievements are the result of a consistent strategy: prudent growth, diversified funding sources, and a strong focus on long-term partnerships. Over the decades, OTP Bank has built a solid track record in international debt capital markets, and today's milestones further strengthen that foundation. Looking ahead, we see significant opportunities to deepen our engagement with Asian investors and institutions. We are confident that this listing will serve as a cornerstone for long-term cooperation, mutual growth, and shared success."

https://www.otpbank.hu/portal/en/retail

The issuer is solely responsible for the content of this announcement.

On June 26, in Hanoi, C.P. Vietnam Corporation was honoured among the Top 5 Most Innovative Enterprises in High-tech Agriculture (VIE10). The recognition was presented during the Vietnam Business Forum 2026, held under the theme "Innovation for growth, green for sustainability."

The VIE10 programme is an annual research and recognition initiative organised by Viet Research in collaboration with VIR (under the Ministry of Finance). The programme evaluates enterprises based on a comprehensive set of criteria, including financial performance, innovation strategy, research and development (R&D), corporate culture, technological achievements, and the Innovation Premium (IP) Index.

For C.P. Vietnam, the recognition reflects the company's commitment to embedding innovation across its integrated Feed-Farm-Food value chain from production and quality management to sustainable development. As the agri-food sector faces growing challenges related to climate change, food safety, traceability, and increasingly stringent market requirements, innovation has become a key driver of long-term competitiveness.

"Innovation is one of the six core values of the C.P. Group and has long been central to C.P. Vietnam's growth strategy. We continue to invest in research and development, digital transformation, AI, and smart operating models to support the modernisation and sustainable development of Vietnam's agri-food industry, strengthen food security, and improve people's quality of life," said Vu Anh Tuan, senior vice president, Agro Feed Business, C.P. Vietnam.

Sustainovation

C.P. Vietnam operates an integrated Feed-Farm-Food value chain spanning animal feed production, livestock farming, food processing, and distribution. Across this integrated model, the company takes a systematic approach to innovation under its "Sustainovation" strategy, which combines technological innovation with green development.

With that, C.P. Vietnam has implemented SAP S/4HANA and the SAP Net Zero Intelligence Platform, enabling integrated financial and operational data management, production monitoring, quality control, and environmental performance tracking.

The company is also advancing Smart Farm and Smart Production initiatives across its farms and manufacturing facilities. Smart Production leverages automation, robotics, and AI to streamline operations, improve productivity, and support employees in tasks requiring high-precision and repetitive execution. On farms, Smart Farm solutions integrate climate-controlled housing, standardised sanitation protocols, the Internet of Things, AI, and automation technologies to optimise environmental conditions, monitor animal health, and enhance nutritional management.

Within its animal feed business, C.P. Vietnam continues to invest in product innovation, process improvement, and digital technologies to optimise raw material utilisation, strengthen quality assurance, and respond to evolving market needs. These initiatives help ensure tighter control over both inputs and finished products before they reach customers.

Innovation at C.P. Vietnam goes hand in hand with sustainability. Across its operations, the company is advancing renewable energy adoption, circular economy practices, plastic reduction, emissions management, product traceability, and sustainable supply chain development.

By integrating Green Farm, Smart Farm, and Smart Production models, C.P. Vietnam is improving resource efficiency, encouraging water reuse, and generating renewable biogas energy from livestock waste, supporting a more resilient and green agri-food value chain.

C.P. Vietnam changed its packaging for fresh chicken, helping save eight tonnes of plastic annually

Embedding innovation into everyday work

Since 2020, the company has been granted 18 intellectual property rights by the National Office of Intellectual Property of Vietnam, including two invention patents and 16 utility solution patents.

These innovations enhanced operational efficiency, resource utilisation, and sustainability. By redesigning and reducing packaging materials, C.P. Vietnam has cut plastic consumption by approximately 8 tons annually for its fresh chicken products and reduced plastic usage in animal feed bags by around 20 per cent per bag, helping minimise the company's impact on the environment.

AI is also playing an increasingly important role across the company's operations. C.P. Vietnam is integrating AI into both business functions and corporate departments to improve productivity, optimise operations, and support long-term sustainable growth throughout its agri-food value chain.

Most recently, the company launched 6 AI transformation projects designed to accelerate the development of a smarter, more sustainable agri-food ecosystem. These initiatives include AI capability development for employees, an AI-powered livestock disease advisory system, intelligent camera solutions for farm operations, image-based raw material quality inspection, a digital feed formulation management platform, and an AI-enabled sales management solution for distributors. The projects will be implemented in two phases, starting with the development of core data and technology infrastructure before scaling validated solutions across the company's operations.

C.P. Vietnam is fostering a culture in which employees are encouraged to “master AI” by applying it in their daily work to improve processes, increase efficiency, and deliver greater value to customers and business partners. The company also regularly provides training programmes for Theory of Inventive Problem Solving, equipping employees with structured innovation methodologies and reinforcing a company-wide culture of creativity and continuous improvement.

C.P. Vietnam also outperformed participants from 14 other countries and received the prestigious Chairman's Award, presented by the Chairman of the C.P. Group, for outstanding innovation projects at the CP Innovation Exposition & CP Symposium 2025, where the company presented a total number of 240 innovation projects.

Looking ahead, C.P. Vietnam will continue to pursue innovative solutions across its integrated Feed-Farm-Food value chain from farm to family, by accelerating AI transformation, expanding automation, strengthening circular economy practices, and advancing smart manufacturing. Through these efforts, the company aims to support the development of Vietnam's agri-food sector while enhancing food safety and improving people's quality of life.

C.P. Vietnam accelerates ESG strategy across supply chain C.P. Vietnam held its 2025 Supplier Potential Development Conference with a strong focus on promoting environmental, social, governance (ESG) standards on November 20. The event marked a clear shift from a traditional partner-networking meeting to an in-depth forum on sustainable supply-chain development, gathering more than 100 of the company's strategic suppliers.

C.P. Vietnam enhances AI adoption in agri-food chains C.P. Vietnam will work with FPT to explore AI and digital solutions across its Feed-Farm-Food value chain, supporting smart farms, lower costs, and advanced food safety traceability.

C.P launches AI initiatives to accelerate smart and sustainable agri-food transformation in Vietnam Charoen Pokphand Foods Public Co., Ltd. (CPF) has launched six AI transformation initiatives across C.P. Vietnam's integrated Feed-Farm-Food value chain, building on a strategic cooperation agreement with FPT Corporation.

Under Resolution 68-NQ/TW, the government has increasingly prioritised private enterprises as key drivers of national economic growth. Furthermore, ongoing capital market reforms aimed at enhancing transparency, improving corporate governance, and accelerating a potential market upgrade are opening new funding channels.

To address these shifting dynamics, business leaders and next-generation executives recently gathered at a seminar co-hosted by Standard Chartered and PwC Vietnam on June 30 to explore how Vietnam family businesses can turn succession into a strategic advantage.

Luong Thi Anh Tuyet, partner and private services leader at PwC Vietnam, takes the mic

Data from the PwC Family Business Survey 2025 highlights a striking duality within the local market. While Vietnamese family firms are among the most growth-oriented globally, with nearly one-third pursuing aggressive expansion, this commercial ambition is rarely matched by formal corporate governance structures.

The survey reveals that internal misalignment remains a significant risk, primarily because very few local organisations have established formal mechanisms to manage generational transitions.

For instance, a mere 6 per cent of domestic family firms possess a family constitution, compared to a global average of 26 per cent, and only 22 per cent have formal shareholder agreements in place.

Additionally, 47 per cent of respondents indicate that their board of directors consists entirely of family members, often leading to a lack of diverse outside expertise within their top leadership ranks.

Bridging these structural gaps is essential for long-term commercial survival, particularly as digital disruption accelerates.

PwC’s survey notes that 73 per cent of next-generation leaders view generative AI as a powerful force for transformation, yet many question their organisation's immediate readiness to capitalise on it.

Luong Thi Anh Tuyet, partner and private services leader at PwC Vietnam, emphasised that succession planning must evolve to meet these modern technological and structural demands.

“Succession is no longer simply about inheritance, it has become a dual-track journey: strengthening governance foundations while developing the next generation into capable and resilient leaders,” she stated.

This view was reinforced by Marcel Irawan, private leader at PwC Indonesia, who highlighted that passing the baton requires comprehensive preparation ahead of time.

“Across Asia, we see that succession succeeds not simply through transferring ownership, but through deliberately preparing three dimensions in parallel: values, wealth and leadership,” he said.

Ultimately, by establishing robust family governance early, aligning across generational divides, and embracing forward-looking leadership, Vietnamese family enterprises have a unique opportunity to turn a complex transition into a powerful catalyst for future transformation.

PwC: Family businesses in Vietnam need to transform to build trust Family businesses not only need to make transformative changes to build trust, they have also got to make their efforts visible and communicate them clearly to their stakeholders, according to the Family Business Survey 2023 - Transform to Build Trust by PwC Vietnam.

Navigating challenges and embracing succession: Insights for Vietnamese family businesses Vietnam’s family businesses should prioritise the paramount importance of a well-crafted succession plan to secure their long-term success and effectively pass on leadership to future generations.

PwC 2025 Family Business Survey: navigating a new era of agility and purpose PwC Vietnam has announced the launch of its 12th Family Business Survey, part of PwC's global study that gathered insights from 1,325 family businesses across 62 territories, including 32 from Vietnam.

Equipped with a dedicated smart classroom powered by Huawei's smart classroom solutions, the centre provides specialized training programmes for Eskom employees and South African youth covering power ICT, smart grids, cybersecurity and digital operation & maintenance. It builds a localized talent pool for power digitalization and lays a solid foundation for the sustainable development of South Africa's energy sector.

Leveraging its ICT and digital energy technologies alongside proven global implementation expertise, Huawei will support Eskom's upgrade toward safer, more efficient and smarter power operations. Going forward, the two parties will further deepen multi-faceted cooperation including joint technology development and talent cultivation, empowering the power industry through digital technologies.

In his address, Honorable Minister Dr Kgosientsho Ramokgopa stated that modernisation of the power system and talent development are mutually reinforcing. The launch of the Eskom Modernisation Centre will leverage Huawei's advanced technologies and talent development expertise to address the shortage of digital talents in South Africa's power industry, enhance the safe and stable operation of power grids, ease the long standing load shedding crisis, and provide robust energy security for South Africa's economic recovery.

Dr Mteto Nyati, Chairman of Eskom Board, pointed out that digital transformation is critical for Eskom's reform and breakthrough. The completion of the Modernisation Centre and smart classroom not only strengthens grid operation capabilities but also cultivates next generation technical talents for the enterprise, representing a vital strategic move for Eskom's future development.

Dan Marokane, Group CEO of Eskom, emphasized that Huawei's end to end ICT and digital energy solutions are highly tailored to the practical needs of South Africa's power grid. The partnership will drive full digitalization of grid dispatching, fault handling and operation & maintenance, significantly improving power supply reliability.

Agnes Mlambo, Distribution Group Executive of Eskom, said that the smart classroom will empower Distribution employees with new skillsets to enhance their digital skills, optimize distribution network operation efficiency, ensure stable power supply for industries, businesses and residents, and benefit households across South Africa.

As a core strategic partner in electric power industry, Huawei has fully participated in the overall construction of the Modernisation Centre, demonstrating the smart substations, intelligent distribution systems, digital energy solutions, cybersecurity assurance and a full suite of software and hardware for the smart classroom.

Learn more: https://e.huawei.com/en/industries/grid