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Opening in September within one of Selangor’s most ambitious developments, ASAI Gamuda Cove brings together 280 rooms, locally inspired dining, and easy access to wetlands and waterpark attractions in a well-connected destination near Kuala Lumpur International Airport and Sepang International Circuit

BANGKOK, THAILAND – Media OutReach Newswire – 27 August 2026 – Dusit Hotels and Resorts, the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies, is set to introduce its locally focused, affordable lifestyle brand, ASAI Hotels, to Malaysia, with the opening of ASAI Gamuda Cove.

Scheduled to welcome its first guests on 15 September 2026, the 13-storey hotel is located within the 1,530-acre Gamuda Cove township, approximately 20 minutes by car from Kuala Lumpur International Airport. The largest ASAI property to date, it is also Dusit’s second hotel in Malaysia, following Dusit Princess Melaka, and the first ASAI hotel to open outside a city neighbourhood. It joins the brand’s three established properties in Bangkok and Kyoto.

Embodying the ASAI Hotels slogan, Live Local, the hotel places some of Selangor’s most distinctive nature experiences right on guests’ doorstep. It sits beside the 1,111-acre Paya Indah Discovery Wetlands, a nature reserve and wildlife sanctuary where visitors can observe native wildlife and explore a rare freshwater wetland landscape. Alongside it, the 90-acre Wetlands Arboretum serves as a living tree museum, with walking routes, birdwatching, and environmental learning activities offering further opportunities to experience the area’s biodiversity at close range.

Also nearby is the family-friendly SplashMania Waterpark, home to 39 slides and attractions, as well as Discovery Park, an outdoor recreation and entertainment hub offering activities for families and adventure seekers. An electric tram network connects key destinations across the township, allowing guests to move easily between its nature, recreation, and commercial areas without relying on private vehicles.

Across 280 thoughtfully planned rooms, ASAI Gamuda Cove’s design focuses on comfort, efficient use of space, and flexibility. Options range from compact rooms for solo travellers and couples to balcony rooms, bunk-bed configurations, and a two-room family category sleeping up to six guests. Selected rooms look towards the wetlands, while all include fast Wi-Fi, smart televisions, walk-in showers, and practical storage.

Beyond the guest rooms, the hotel features an infinity pool overlooking the wetlands, a gym, co-working areas, flexible meeting and event spaces accommodating up to 100 people, and three dining venues centred on Malaysian flavours, complemented by Thai and international dishes.

The all-day dining restaurant Nasi & Khao draws on the comfort-food traditions shared by Malaysia and Thailand, bringing Malaysian classics, vibrant Thai flavours, and familiar Western dishes together in a relaxed setting. Tea Shop provides a warm, community-focused space for curated teas and light bites from morning until late, while the Pool Bar pairs handcrafted cocktails, refreshments, and snacks with views across the infinity pool and Paya Indah Discovery Wetlands.

The hotel will also place guests approximately 20 minutes by car from Sepang International Circuit, where Formula 1 will return for the first time since 2017 with the Formula 1 Gulf Air Bahrain Grand Prix in Malaysia, taking place from 2–4 October 2026.

“ASAI Gamuda Cove shows how our Live Local approach can work in a setting where nature, recreation, and a growing community come together,” said Mr Chanin Donavanik, Group CEO, Dusit International. “It will give travellers a comfortable and practical base, provide local residents with new places to meet and dine, and put the wetlands and the wider township within easy reach. Opening just ahead of Formula 1’s return gives us an excellent opportunity to demonstrate what ASAI offers to visitors from Malaysia and around the world. And the hotel’s role will extend well beyond the race weekend: we want every stay to help guests experience more of the area and connect with the people who call it home.”

ASAI Hotels was created for travellers who value well-designed essentials, accessible rates, and a closer connection to the places they visit. Each property combines compact, functional rooms with social, dining, and co-working spaces shaped by its location. ASAI Gamuda Cove will become the brand’s fourth operating hotel, joining ASAI Bangkok Chinatown and ASAI Bangkok Sathorn in Thailand, and ASAI Kyoto Shijo in Japan.

ASAI’s Malaysian debut will also mark the latest step in Dusit’s expansion in the country, following the opening of Dusit Princess Melaka in December 2024. The company’s presence in Malaysia is set to grow further in October 2026 with the opening of Dusit Princess Ipoh, details of which will be announced soon.

For more information, please visit dusit.com/asai-gamuda-cove.

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About Dusit Hotels and Resorts

Dusit Hotels and Resorts is the hotel arm of Dusit International. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group’s portfolio of hotels, resorts and luxury villas includes close to 300 properties operating under a total of nine brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, Dusit Hotels, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 19 countries worldwide.

For more information, please visit dusit.com

About Dusit International

Established in 1949, Dusit International is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Real Estate Development, and Hospitality-Related Services.

Dusit’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion, and diversification.

For more information, please visit dusit-international.com

HONG KONG SAR – Media OutReach Newswire – 27 August 2026 – In an era when enterprise software valuations are being fundamentally repriced by the rise of agentic AI, Deepexi Technology Co., Ltd. (1384.HK) has emerged as a rare counterexample: a pure-play enterprise AI platform that is delivering both technology leadership and bottom-line profitability. According to the company’s first interim results following its public listing, Deepexi recorded a 115% year-over-year surge in revenue for the first half of the year, powered by a 209% leap in core AI revenue and a decisive turnaround to quarterly GAAP profitability in the second quarter of 2026. This performance has earned the company “Buy” and “Overweight” ratings from multiple brokerages within its first year of listing.

Quarterly Profitability: A Rare Milestone in Hong Kong’s AI Sector

In capital markets, ambitious visions must ultimately be backed by real financial performance—and Deepexi’s interim results provide clear proof of execution.

For the first half of 2026, the company generated RMB 284.0 million in total revenue, marking a 115.0% year-over-year increase. Its AI business served as the primary growth engine, contributing RMB 226.0 million—an impressive 209.2% year-over-year surge—bringing AI revenue to 79.6% of total corporate turnover.

Even more noteworthy is the marked improvement in profitability. First-half gross profit reached RMB 160.0 million, up 120.5% year-over-year, with gross profit margin expanding to 56.5%. Crucially, during the second quarter of 2026, Deepexi posted a standalone quarterly net profit of approximately RMB 30.1 million, officially crossing the breakeven threshold.

In Hong Kong’s technology sector, pure-play enterprise AI companies capable of achieving quarterly net profitability while sustaining high R&D investment remain exceptionally rare. This milestone underscores Deepexi’s operational efficiency, scalable software delivery, and self-sustaining monetization engine.

This scarcity value is equally evident in the company’s revenue composition and vertical reach. Industrial manufacturing accounted for more than 50% of total revenue, while retail and consumer goods contributed 30%, alongside expanding footholds in healthcare and smart transportation. In manufacturing, for example, equipment troubleshooting and predictive maintenance involve dense engineering schematics, real-time IoT sensor telemetry, and extensive historical maintenance logs—all of which Deepexi translates into structured logic that AI models can readily interpret. This deep vertical expertise and proprietary data accumulation create a formidable competitive barrier that general-purpose AI vendors cannot easily match.

Beyond the “SaaSpocalypse”: Deepexi’s AI-Native Platform Defies the Software Valuation Reset

The first quarter of 2026 witnessed what market observers have dubbed the “SaaSpocalypse”—a tectonic shift in which approximately $2 trillion in market capitalization was erased from B2B software equities, driven by a fundamental fear that agentic AI would cannibalize the traditional per-seat licensing model. The iShares Expanded Tech-Software ETF (IGV) plunged nearly 21% year-to-date, and enterprise software multiples (EV/Sales) cratered from a 5.6x average at the end of 2025 to 4.2x by mid-March.

Investors have pivoted decisively toward AI-native infrastructure—companies that manage the data and underlying plumbing of autonomous systems—while penalizing traditional application-layer SaaS vendors reliant on human-centric interfaces. As a recent Windsor Drake analysis notes, “AI-native agentic platforms clear 14x to 22x revenue, with private rounds at 20x to 30x,” while legacy standalone RPA trades at just 2.5x to 5x. The market is now rewarding AI-native architecture and measurable workflow ownership.

Deepexi sits squarely on the winning side of this divergence. Unlike traditional SaaS vendors whose revenues are tied to human seat counts—and thus vulnerable to agentic displacement—Deepexi’s token-based, consumption-driven model aligns directly with the agentic AI future. The company’s DeepWorks enterprise Agent platform does not sell per-seat licenses; it sells AI productivity, enabling enterprises to deploy autonomous agents that replace repetitive administrative work, not software seats. As the market shifts from “AI as a feature” to “AI as a replacement,” Deepexi’s business model is structurally insulated from the seat-compression forces that have punished legacy software vendors.

Focus on Enterprise AI Applications and Proprietary Domain Data

To ensure AI truly meets real-world enterprise demands, generic foundational models are insufficient on their own. Deepexi’s core competitive edge lies in its specialized “Data + AI” dual-engine architecture, anchored by the FastData enterprise data intelligence platform, the FastAGI agentic AI suite, and the Deepexi Enterprise Large Model Platform, supported by its proprietary Deepology ontology dataset containing over 2,000 vertical industry skills.

At the foundational layer, the FastData platform—powered by the FastData Foil fusion engine—acts as an intelligent lakehouse that tokenizes structured, semi-structured, and complex unstructured enterprise data into standardized formats ready for large model training and inference. Building upon this data foundation, the FastAGI platform and DeepWorks Enterprise Agent Platform provide organizations with a flexible, modular AI operating system.

Featuring a pluggable architecture, the platform connects seamlessly to leading open-source foundation models such as DeepSeek and Zhipu AI, giving enterprise clients complete autonomy while eliminating vendor lock-in. This “model-agnostic” approach is a key differentiator in an environment where enterprises increasingly demand flexibility to choose the best model for each use case, rather than being locked into a single provider.

Through native Model Context Protocol (MCP) frameworks and specialized agents—ranging from operational decision-making agents to productivity and autonomous workflow execution agents—Deepexi embeds intelligence directly into core business operations. DeepWorks is fully integrated with mainstream workplace collaboration suites such as DingTalk, Feishu, and Tencent Meeting, allowing employees to summon AI copilots directly for automated weekly reporting, data synthesis, and cross-departmental coordination—effectively turning AI into an indispensable daily productivity tool.

In an enterprise AI market where 42% of organizations already have AI agents in production and 72% are deploying across production and pilots combined, Deepexi’s proven, governed agentic workflows are no longer an experiment—they are core infrastructure.

Strategic Partnership with Huawei Cloud: Tackling Compute and Data Bottlenecks

In the commercialization of enterprise AI, computing costs and access to high-quality domain data represent two of the industry’s most critical bottlenecks. On August 12, Deepexi announced a strategic alliance with Huawei Cloud to jointly launch enterprise data intelligence solutions, providing strong operational backing for the company’s long-term expansion.

The partnership combines the complementary strengths of both technology leaders. Huawei Cloud provides underlying Ascend AI computing clusters and distributed cloud infrastructure, while Deepexi brings its deep expertise in enterprise data governance, data tokenization, and vertical AI agent deployments. By integrating with Huawei’s domestic Ascend compute clusters, Deepexi not only secures stable, long-term computing power but also significantly drives down token processing costs. This cost efficiency establishes ideal conditions for exploring usage-based, token-metered commercial billing models—precisely the kind of consumption-based pricing that aligns with the agentic AI future.

Crucially, falling AI costs are widely expected to accelerate enterprise adoption of autonomous agents. Deepexi’s partnership with Huawei Cloud positions the company to capture this demand wave with a cost structure that improves as token volumes scale—a powerful margin-expansion dynamic that stands in stark contrast to the fixed-cost burden of traditional SaaS.

Strong Institutional Backing Highlights Long-Term Investment Value

Reflecting strong capital market confidence, Deepexi announced on August 17 the successful placement of 14,286,000 new H-shares at HK$35.00 per share, raising net proceeds of approximately HK$488.0 million. Successfully closing a sizeable placement amid broader market volatility demonstrates strong institutional recognition of Deepexi’s proven business model, robust unit economics, and profitability trajectory.

The company’s strategic shareholder structure provides a solid foundation for long-term growth. It is supported by prominent independent investors, including Hillhouse, 5Y Capital, and BAI, as well as industry-focused investors such as Shanghai AI. These partnerships enhance Deepexi’s industry reputation, drive technological innovation, and strengthen its market competitiveness.

The newly raised funds are earmarked primarily for continuous R&D in next-generation enterprise agent systems and token productivity platforms—positioning the company to capture the $206.5 billion AI agent software market projected for 2026, which Gartner expects to grow to $376.3 billion in 2027.

Investment Thesis: Why Deepexi Stands Apart

1. AI-Native Architecture in an Agentic World. Unlike legacy SaaS vendors facing seat compression, Deepexi’s token-based model is structurally aligned with the agentic AI future. The company doesn’t sell software seats—it sells AI productivity.

2. Rare Profitability in Enterprise AI. Quarterly GAAP profitability at a 56.5% gross margin, with projected revenue CAGR of 95.5% through 2027, places Deepexi among the most financially disciplined enterprise AI companies globally.

3. Model-Agnostic, Vendor-Neutral Platform. In an environment where enterprises demand flexibility, Deepexi’s pluggable architecture—supporting DeepSeek, Zhipu, and other open-source models—eliminates lock-in and captures value regardless of which foundation model wins.

4. Proprietary Data Moat. With over 2,000 vertical industry skills and deep expertise in manufacturing, retail, healthcare, and transportation, Deepexi’s domain-specific data capabilities create barriers that general-purpose AI vendors cannot replicate.

5. Strategic Compute Partnership with Huawei Cloud. Long-term, cost-effective compute access, combined with token-metered pricing models, positions Deepexi for sustained margin expansion as token volumes scale.

6. Institutional Validation. Backing from top-tier investors and a successful HK$488 million placement amid market volatility signal strong institutional confidence in Deepexi’s business model and growth trajectory.

The enterprise AI market has decisively shifted from early conceptual exploration into a new era of commercial execution and tangible financial delivery. Backed by mature product suites across FastData and FastAGI, proprietary vertical ontologies, strategic cloud partnerships, and an official transition to net profitability, Deepexi Technology has proven that enterprise AI can deliver both transformative technology and sustainable profits.

Hashtag: #DeepexiTechnology

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About Deepexi Technology

Deepexi Technology is China’s leading provider of enterprise large model AI application solutions. Through its FastData enterprise data intelligence solution and FastAGI enterprise AI solution, it empowers enterprises to integrate their data, decisions and operations efficiently at scale. Deepexi ranked fifth in China’s enterprise large model AI application solution market in terms of revenue in 2024. Its solutions have achieved large-scale commercialization across multiple verticals, including consumer goods, manufacturing, healthcare and transportation. As of June 30, 2025, Deepexi Technology served a cumulative total of 283 enterprise customers across various industries.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. The company undertakes no obligation to update any forward-looking statements.

SHENZHEN, CHINA – Media OutReach Newswire – 27 August 2026 – ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, hosted a delegation of the Shenzhen Advanced Technology and Smart Manufacturing Delegation, jointly organized by the Shenzhen Liaison Unit (SZLU) of the Hong Kong Economic and Trade Office in Guangdong (GDETO), the Federation of Hong Kong Industries (FHKI), and its Pearl River Delta Council (PRD Council), for a corporate visit and industry exchange at its Shenzhen headquarters.

The delegation comprised officials from the Shenzhen Liaison Unit, Hong Kong industrial leaders, and executives from Hong Kong-invested manufacturing and service enterprises. Both sides engaged in in-depth discussions on key topics including digital transformation of the manufacturing sector in the Greater Bay Area (GBA), 5G industrial applications, and computing infrastructure co-construction, reaching multiple bilateral cooperation intentions.

At the ZTE exhibition hall, the delegation took a guided tour of core innovations including the self-developed computing server, GoldenDB (distributed database solution), 5G private network solutions for industrials, the Digital Twin Intelligent Factory System, and the GBA cross-border digital service platform. ZTE technical experts demonstrated how these products help traditional manufacturers upgrade production line intelligence and streamline upstream-downstream digital links, sharing multiple case studies of digital transformation for enterprises across Guangdong, Hong Kong, and Macao. ZTE reaffirmed its commitment to supporting digital upgrade of the GBA manufacturing sector with its self-developed technological capabilities.

Following the visit, both sides held a seminar and exchange session. Xie Yinchuang, Chief Technology Officer of ZTE (Hong Kong) Co., Ltd., provided a detailed introduction to the company’s industrial layout in the GBA. Addressing the transformation needs of Hong Kong SMEs, he promoted end-to-end digital upgrade solutions with diversified options and welcomed Hong Kong manufacturers to leverage ZTE’s technological resources for smart upgrading.

Delegation representatives spoke highly of ZTE’s technological strengths. The PRD Council expressed its desire to establish a long-term, regular exchange platform with ZTE, continue organizing study visits for Hong Kong enterprises, and leverage mainland technological innovation resources to help Hong Kong’s manufacturing sector rebuild its core competitiveness.

This visit represents a practical step in deepening Shenzhen-Hong Kong real economy integration. Looking ahead, ZTE will continue to leverage its digital technology advantages, deepen collaboration with Hong Kong’s industrial sector, bridge the industrial collaboration channel between Shenzhen and Hong Kong through technological innovation, and build a secure and resilient development foundation with localized digital technologies. The two sides are committed to seizing opportunities presented by the GBA’s digital economy and advanced manufacturing development, injecting new momentum into the high-quality development of the real economy in both regions.

Hashtag: #ZTE #DigitalTransformation #GBA

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About ZTE Corporation

ZTE connects the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, and its portfolio spans communication networks, computing infrastructure, industry digital solutions, and personal and home smart terminals. Serving over a third of the world’s population, ZTE is dedicated to leading globally in connectivity and intelligent computing, enabling communication and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges.

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SINGAPORE – Media OutReach Newswire – 27 August 2026 – Corporate buyers in Singapore are increasingly asking for gifting and packaging to come from the same supplier, and for that supplier to hold sourcing presence in the region rather than in a single procurement market. The Gift Empire Pte Ltd, a Singapore supplier of promotional gifts and customised corporate gifts, has responded to both within the same quarter, opening a Vietnam office supported by a local platform at giftempire.com.vn and launching Packaging Empire as a dedicated division for customised packaging solutions. Singapore remains the company’s primary market and the base from which it serves corporate gifting accounts across Singapore, Malaysia, and Vietnam.

Packaging Empire was established in response to demand from businesses seeking one partner for both requirements. The Gift Empire has supplied customised corporate gifts and promotional gifts since 1999 to organisations including Amazon, Citibank, Maybank, Shopee, and Microsoft, and receives orders through GeBIZ, Ariba, and Coupa, the procurement systems used by Singapore government agencies and large corporate buyers. Accounts of that size have traditionally run separate vendors for promotional gifts and presentation packaging, which adds cost and complicates delivery schedules when both elements are tied to the same campaign date.

The division produces gift boxes, mailer boxes, retail packaging, product sleeves, and event packaging, covering product launches, corporate events, gift-with-purchase campaigns, festive gifting, roadshows, retail applications, and brand activations. Demand for everyday corporate gift items such as custom canvas tote bags and custom water bottles in Singapore has grown alongside the shift, and these are frequently ordered with matching boxes or sleeves timed to the same launch. Clients ordering both now work to a single production timeline under one supplier.

For buyers, consolidating the two functions changes how a project is run. A client briefs one team and works to a single production timeline, so the gift item and the packaging it ships in are scheduled against the same delivery date instead of being tracked as two jobs. Colour matching and print finishing are handled within one production process, which keeps branding consistent between the item and the box it arrives in. Quality control covers both components at the same stage, and any delay sits with a single point of accountability. Volumes across gifts and packaging can be quoted together instead of being priced by two vendors working to separate minimum order quantities. For procurement teams, a single supplier also means one vendor record to maintain and one invoice per campaign, which is a practical consideration for government agencies and large corporations buying through GeBIZ, Ariba, or Coupa.

The Vietnam operation serves a dual function. Alongside supplying Vietnamese businesses through its local platform, the office gives The Gift Empire direct presence in one of the region’s largest manufacturing bases, where a significant share of the product it already sources is made. Vietnam’s electronics sector contributed over 35 per cent of the country’s total exports in 2025, reaching a record US$165 billion, according to Vietnam Briefing. Working on the ground allows closer collaboration with manufacturing partners and tighter oversight of production and quality control. The company expects this to shorten lead times for its Singapore and Malaysia clients and reduce its exposure to disruption in any single supply market.

Vincent Lau, Sales Manager at The Gift Empire, said the changes came out of client requests and not a shift in the company’s focus.

“Most of our work is still corporate gifting for clients here in Singapore, and that has not changed. What has changed is that more of them want one team handling the gifting and the packaging instead of coordinating two suppliers against the same deadline, because when the packaging runs late, the whole campaign moves with it. Vietnam happened at the same time for a practical reason, which is that a lot of the manufacturing we already source from is there, and being on the ground changes how quickly we can sort things out.” – Vincent Lau, Sales Manager, The Gift Empire Pte Ltd

The two developments give The Gift Empire a broader service range and a wider sourcing base within the same quarter, with Singapore continuing as the primary market for its corporate gifting and packaging work. The direction Lau has set out for the company is to operate as a single-source provider for corporate gifting and packaging across Southeast Asia, where a client in any of its markets briefs one team and works to one production timeline supported by a regional sourcing network.

Hashtag: #TheGiftEmpire

https://giftempire.com.sg/

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About The Gift Empire

Founded in 1999, The Gift Empire Pte Ltd is a Singapore-based one-stop provider of customised corporate gifts, promotional gifts, and branded packaging. With more than 25 years of industry experience, the company supplies SMEs, multinational corporations, government agencies, educational institutions, banks, hotels, and event agencies, and is registered on GeBIZ, Ariba, and Coupa. Its services span sourcing, design, quality control, logistics, and fulfilment, with a catalogue of over 400 branded products available with custom logo application. The Gift Empire operates in Singapore, Malaysia, and Vietnam, and its packaging division, Packaging Empire, delivers bespoke packaging for corporate and retail applications.

AUCKLAND, NEW ZEALAND – Media OutReach Newswire – 27 August 2026 – Chubb today announced the appointment of Jon Longmore as Country President of New Zealand, effective September 2026.

Based in Auckland, Longmore will report to Chris Colahan, Country President, Australia and New Zealand (Acting). In this role, Longmore will lead Chubb’s general insurance business in New Zealand, including Commercial P&C, Personal Lines and Accident & Health.

Colahan said, “In his 15 years with Chubb, Jon has built a deep understanding of our business through leadership roles in underwriting, distribution and digital. He has a strong track record of developing high-performing teams with a genuine commitment to client and broker service, and he is well-positioned to lead the continued growth of our New Zealand business.”

Longmore joined Chubb in 2011, progressing through senior management roles in underwriting and distribution in Australia. In 2018, he was appointed Head of Digital, Asia Pacific based in Singapore, before taking on the role of Country President of Indonesia in 2020. Most recently, Longmore served as Country President of Malaysia.Hashtag: #Chubb

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About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 45,000 people worldwide. Additional information can be found at: www.chubb.com.

HONG KONG SAR – Media OutReach Newswire – 27 August 2026 – Presented by the Government of the Hong Kong Special Administrative Region, and spearheaded and sponsored by the Cultural and Creative Industries Development Agency of the Culture, Sports and Tourism Bureau, the third edition of Hong Kong Fashion Fest will take place from September 1 to 14. The two-week fashion extravaganza will bring together over 300 local and international design entities. In collaboration with six industry organisations, it will present eight flagship programmes across various cultural landmarks and stylish design spaces in Hong Kong, showcasing the city’s exceptional appeal as Asia’s fashion capital through a diverse range of fashion-themed events.

This edition of the Hong Kong Fashion Fest offers a rich lineup of programmes, covering haute couture, city-wide pop-up stores, cross-regional menswear, sustainable design forum, modern denim culture and more, propelling the creativity and aesthetics of emerging designers from Hong Kong and abroad onto the global stage. The eight flagship programmes include the opening programme “VIRTUOSE: The Artistry of Couture 2026”, the citywide fashion pop-up “Wear’s HK”, the international fashion showcase and trade platform CENTRESTAGE, “Future Threads: Menswear’s New Waves Between Italy and Hong Kong”, “Fashion Summit (Hong Kong) 2026”, “Hong Kong Fashion Fest Gala 2026”, “Fashion Asia Hong Kong 2026”, and the “5th Hong Kong Denim Festival”.

Admission to all public exhibitions at the third edition of Hong Kong Fashion Fest will be free. Members of the public and fashion enthusiasts are welcome to visit and experience the city’s vibrant creativity and energy. For more detailed information and the latest updates on Hong Kong Fashion Fest, please visit the official website (www.hongkongfashionfest.com), and follow the official social media channels on Instagram (www.instagram.com/hkfashionfest), Facebook (www.facebook.com/hongkongfashionfest) and YouTube (www.youtube.com/@hkfashionfest).

Hashtag: #HongKongFashionFest #hkfashionfest #CSTB #CCIDA #CCIDAHK

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About Cultural and Creative Industries Development Agency (CCIDA)

The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting crosssectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.

Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.

Tokyo-based representative provides Japanese-language liaison for clients seeking access to FGA Trust’s Hong Kong trust and corporate services

TOKYO, JAPAN – Media OutReach Newswire – 27 August 2026 – FGA Trust, a Hong Kong-based trust and corporate services provider licensed under Hong Kong’s Trust or Company Service Provider regime (TCSP Licence No. TC008341), today announced the establishment of its Tokyo Representative Office in Shibuya, Tokyo.

The Tokyo representative office will provide a locally accessible, Japanese-language point of contact for high-net-worth individuals, families, business owners and professional advisers seeking to understand cross-border trust and succession-planning considerations involving Hong Kong and other jurisdictions.

The representative office will focus on client liaison, preliminary needs assessment and coordination with FGA Trust’s Hong Kong team and, where appropriate, independent legal, tax and other professional advisers. All trust and corporate services are provided by FGA Trust’s Hong Kong licensed entity, subject to applicable laws, regulations, client onboarding, know-your-client and anti-money-laundering requirements, with the Tokyo representative office serving as a Japanese-language liaison and coordination point.

Enquiries coordinated through Tokyo may include succession planning, family governance, corporate trust arrangements, international asset administration, and administrative support relating to internationally held real and digital assets. Each matter is considered in light of the client’s family and business circumstances, asset locations and long-term objectives.

The Tokyo representative office will be led by Mone Ota, Japan Representative of FGA Trust. Based in Tokyo, Ms Ota will lead engagement with clients in Japan and serve as the liaison between Japan-based clients and FGA Trust’s Hong Kong trust and corporate services team.

Mone Ota, Japan Representative of FGA Trust, said: “Establishing a Tokyo representative office reflects FGA Trust’s long-term commitment to building relationships in Japan. Families and business owners are increasingly considering succession, business continuity and the administration of assets held across jurisdictions. Our role in Tokyo is to provide a clear local point of contact and connect clients with the appropriate Hong Kong team and professional advisers for their circumstances.”

According to the Bank of Japan’s Flow of Funds Accounts released on 25 June 2026, household financial assets in Japan stood at ¥2,386 trillion at the end of March 2026, an increase of 7.1% from a year earlier. Against this substantial asset base, business succession, international mobility and the growing diversity of asset types are increasing the importance of carefully planned governance and succession arrangements.

FGA Trust provides personal trust, corporate trust, family-office support and international asset-administration services through its Hong Kong licensed entity. Subject to applicable laws and onboarding requirements, the firm works with clients and their professional advisers to consider trust and corporate-service arrangements tailored to their family, business and asset circumstances.

Hashtag: #FGA #信託 #雇用 #Web3 #企業 #ウェルス・マネジメント #事業拡大

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About FGA Trust

FGA Trust is a Hong Kong-based trust and corporate services provider licensed under Hong Kong’s Trust or Company Service Provider regime (TCSP Licence No. TC008341 ). Operating as an extension business unit of Payment Asia Group, FGA Trust supports private clients, families and institutions with trust services, corporate services, family-governance coordination and international asset administration. For more information, visit https://www.fgatrust.com.

HONG KONG SAR – Media OutReach Newswire – 26 August 2026 – SenseTime Group Inc. (“SenseTime” or the “Company”; Stock Code: 0020.HK) today announced its results for the first half of 2026. During the Reporting Period, the Group recorded total revenue of RMB2.91 billion, representing a year‑on‑year (“YoY”) increase of 23.4%, and gross profit of RMB1.21 billion, up 32.9% YoY. Gross profit margin reached 41.4%, an increase of 2.9 percentage points YoY. The Group also introduced recurring revenue (“RR”) for the first time, which totaled RMB1.14 billion and accounted for 39.3% of total revenue. The Group recorded a net profit of RMB620 million under International Financial Reporting Standards (“IFRS”), marking its first IFRS profit since its public listing. Generative AI revenue reached RMB2.33 billion, representing nearly 80% of the Group’s total revenue, while overseas business revenue increased 127% YoY, significantly outpacing the Group’s overall growth rate. While delivering healthy growth in revenue and gross profit, the Group continued to improve operating efficiency, with core operating losses narrowing significantly. Non‑IFRS adjusted net loss was RMB390 million, narrowing by 67.3% YoY.

The Group continued to accelerate the large‑scale commercial deployment of its AI capabilities, building system‑level AI capabilities around the framework of “one model system, one Token Factory, and one Agent Harness” to advance AI from intelligence generation toward end‑to‑end task execution and transform these capabilities into scalable commercial value.

Dr. Xu Li, Chairman of the Board and CEO of SenseTime, said: “SenseTime’s three-pillar core capability framework, built around ‘one model system, one Token Factory, and one Agent Harness’, uses a unified model system to continuously push the boundaries of intelligence, leverages infrastructure and optimization capabilities to reduce Token costs and strengthen cost‑based pricing power, and deploys agents deeply integrated into enterprise and individual workflows to deliver complete task execution capabilities. This framework enables SenseTime to move beyond pure price competition and create sustainable commercial value through differentiated technologies and services. At the same time, it allows us to expand our user base, drive recurring revenue growth, and lay a solid foundation for the Group’s high‑quality development.”

One Model System: Advancing Native Multimodal Intelligence and Long‑Horizon Agents with Global Leading Performance

In 2026, SenseTime released a series of models at a rapid pace, spanning native multimodal unification, visual perception and reasoning, controllable generation, long‑horizon agents, spatial intelligence, and physical world models. These included the NEO‑Unify architecture; SenseNova U1, U1.5 and U1.5‑Lite; SenseNova Vision; the office‑focused multimodal agent SenseNova 6.8‑Flash‑Lite; the content creation model SenseNova U1‑Pro; the spatial intelligence model SenseNova SI‑8B; and the Kairos 3.1 world model co‑developed with Ace Robotics. Across multiple core benchmarks, these models matched or outperformed leading international models, including Gemini, GPT, and DeepSeek. Less than four months after the U1 series was open‑sourced, the three projects had collectively garnered more than 11,000 stars on GitHub.

SenseTime is advancing from digital intelligence toward physical AGI through the closed‑loop framework of “architectural innovation, system capabilities, and high‑value delivery,” continuously translating technological breakthroughs into real-world applications and commercial value.

Token Factory: Upgrading from Compute Provisioning to Scaled Intelligence Production

SenseTime’s SenseCore is evolving into a production‑oriented Token Factory. Through integrated model and infrastructure optimization, as well as capabilities in model adaptation, inference optimization, heterogeneous scheduling, energy management and global service delivery, the Token Factory not only expands Token output and lowers unit costs, but also continuously enhances the reasoning, understanding, generation, and execution capabilities embedded in each Token.

In July 2026, SenseCore delivered an average daily Token service volume of 2.4 trillion, representing a YoY increase of approximately 22 times. As of the date of this announcement, the Group’s total deployed computing power had reached 48,000 Petaflops (P).

The Token Factory provides strong support for SenseTime in advancing the performance boundaries of its foundation models and scaling their commercial deployment. It has tripled the training speed for long‑context Agent models, increased image and video generation efficiency sixfold, improved reinforcement learning training efficiency, and shortened the cycle from model R&D validation to large‑scale deployment to just one week. In addition to supporting the SenseNova foundation model, the Token Factory now serves four external foundation model providers, establishing differentiated capabilities across high‑complexity computing domains, including AI for Science (“AI4S”), video generation, embodied intelligence, world models, and city‑level intelligent applications.

In addition, the Group remains committed to advancing the domestic compute ecosystem, increasing the MFU (Model Floating‑Point Utilization) of mainstream domestic chips by up to 2.5 times compared with the baseline levels established by chip manufacturers. SenseNova U1 has achieved Day 0 adaptation across more than ten domestic chip platforms.

Through compute‑energy synergy, the Company continues to reduce the unit cost of intelligence. During the Reporting Period, its Compute‑Energy Synergy Agent achieved load forecasting accuracy of 96% and generated cumulative electricity cost savings of more than RMB12 million. For every 10,000P of computing power, annual carbon emissions were reduced by 24,000 tons.

Agents Accelerate Adoption Across Enterprise and Consumer Markets, Delivering Value Through Workflow Integration and Enhanced Everyday Experiences

Building on its model and Token capabilities, SenseTime connects models, knowledge, tools, and workflows through a unified Agent Harness, transforming underlying AI capabilities into end-to-end task delivery solutions for enterprise and individual users.

The Group’s agents are rapidly expanding across both enterprise and personal workflows. During the Reporting Period, they served more than 1,000 enterprise customers across over 20 key industries, including education, government, marketing, logistics, banking, and insurance. The Office Agent, Raccoon, has served major enterprises including Lenovo, Ping An Technology, China’s three major telecommunications operators, JD.com, and Kylin Software. Total users increased more than fivefold YoY, enterprise users grew more than sixfold, and monthly active users on the cloud platform increased nearly tenfold. In addition, the video‑generation agent Seko reached a daily video production volume of 10,000 minutes. Content created on the platform has amassed an estimated 1.5+ billion views across short‑video platforms, including 10 short-form dramas that have each surpassed 100 million views. AI productivity solutions are also expanding beyond large organizations to serve smaller teams and One‑Person Companies (OPCs). In the consumer market, the Kapi series of agents, covering use cases such as health, finance, and content creation, has surpassed 45 million cumulative users.

Computer Vision remains a strategic gateway for the Group’s expansion into industry verticals and overseas markets. During the Reporting Period, revenue from the business reached RMB500 million, accounting for approximately 17% of the Group’s total revenue. The business extended across more than 20 countries and regions and served more than 4,500 customers worldwide, with recurring customers contributing 67% of revenue.

Bridging Digital and Physical Intelligence, Unlocking Ecosystem Value

SenseTime continued to invest in frontier areas, including world models and embodied intelligence, intelligent terminals, smart healthcare, and chips. The increase in the valuation of certain AI ecosystem investments generated fair‑value gains, contributing to the Group’s first‑ever IFRS profit and reflecting the gradual realization of financial value from our ecosystem assets. Beyond short‑term investment returns, the more significant long‑term value of these ecosystem investments lies in enabling the Group gain early access to frontier domains, continuously acquire real‑world tasks, data, and feedback, and further strengthen SenseTime’s unified multimodal models and system‑level delivery capabilities.

SenseTime is deepening its “Three-pillar Framework”: one model system to raise the ceiling of intelligence and expand agents’ ability to handle complex tasks; one Token Factory to improve quality and efficiency, reduce costs, and enhance global delivery capabilities; and one Agent Harness to integrate multimodal models with the Token Factory, enabling AI to complete end‑to‑end tasks in real-world scenarios.

Looking ahead, SenseTime will continue to advance the iteration of multimodal agents, driving the evolution of the Token Factory from pricing based on Token volume to pricing based on task outcomes. The Group will also deepen the application of multi‑agent collaboration across enterprise, individual, and OPC workflows, delivering efficient and reliable productivity solutions to users.

Hashtag: #SenseTime

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

About SenseTime

Founded in 2014, SenseTime is a leading artificial intelligence (AI) software company, committed to its mission of “creating a better AI-empowered future through original innovation”. The Company continues to lead cutting-edge AI research while accelerating the large-scale commercialization of AI technologies.

Leveraging deep academic expertise and strong in-house innovation capabilities, SenseTime continues to enhance its industry-leading multimodal, multi-task general AI capabilities, while fostering a vibrant developer ecosystem through structured open-source initiatives.

SenseTime’s business spans Generative AI, Vision AI, and emerging innovation-driven segments. Underpinned by SenseCore, its next-generation AI infrastructure, the Company integrates computing power, algorithms, and platforms to enable scalable AI deployment. Building on this foundation, SenseTime has developed the SenseNova foundation model series, delivering cost-efficient capabilities across a wide range of general AI tasks. SenseTime continues to lead the global Vision AI market, ranking No.1 worldwide by market share. Its SenseFoundry platform integrates years of accumulated computer vision expertise with advanced multimodal foundation models, providing stable and efficient Vision AI solutions to industries worldwide.

SenseTime is listed on The Stock Exchange of Hong Kong, with operations spanning more than a dozen countries and regions.

London, Ontario – Newsfile Corp. – August 26, 2026 – ITPS Canada Ltd., together with its subsidiaries, the International Test Pilots School (ITPS) and the International Tactical Training Centre (ITTC), has achieved accreditation under NATO Flight Training Europe (NFTE), following a comprehensive evaluation of its training capabilities and operating environment.

2026 School Photo at International Test Pilots School

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The accreditation marks an important milestone for ITPS Canada, providing independent recognition of the standards underpinning its international aerospace training operations. NATO Flight Training Europe is a multinational initiative designed to provide NATO nations with access to a network of high-quality military aviation training capabilities.

ITPS Canada’s accreditation places the organization within the NFTE framework and provides participating NATO air forces with a more direct mechanism to access accredited training delivered by ITPS and ITTC, spanning specialist flight test and aerospace training as well as advanced military flying and tactical training.

International Tactical Training Centre in North Bay, Ontario

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“This accreditation reflects how ITPS Canada has continued to grow while remaining focused on the standards and capabilities that have earned the trust of customers around the world,” said Giorgio Clementi, Executive Chairman, ITPS Canada Ltd. “We have continued to invest in our people, aircraft, simulation, infrastructure, and training methodologies to meet increasingly complex requirements. NFTE accreditation is an important endorsement of that investment and of the professional framework we have built across ITPS and ITTC.”

The NFTE accreditation process assesses training providers against demanding criteria spanning aviation safety, training quality, governance and supervision, regulatory compliance, operational delivery, infrastructure, and duty of care. Accreditation provides customers with additional assurance that ITPS Canada’s training environments meet the standards expected for military aviation training within the NATO framework.

ITPS provides specialist flight test and aerospace training for test pilots, flight test engineers and associated specialists. ITTC, based in North Bay, Ontario, provides advanced military flying and tactical training for fighter aircrew preparing for increasingly complex operational environments.

International Test Pilots School in London, Ontario

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Together, these capabilities represent a growing Canadian sovereign pilot training capability, expanding the capacity available within Canada to support domestic, NATO and Allied air force requirements. ITTC’s investment in advanced training capabilities, including the Leonardo M-346 Block 20 Advanced Jet Trainer, further builds Canada’s domestic training capacity while strengthening ITPS Canada’s ability to support the requirements of modern air forces.

“This accreditation recognizes the professionalism, discipline and operational focus that define both ITPS and ITTC,” said Dave Lohse, CEO, ITPS Canada. “Our teams have worked diligently to build training environments that meet the highest international standards, with safety underpinning everything we do. We are proud to support NATO and Allied partners while contributing to the readiness and interoperability required for collective defence.”

“CCC is pleased that ITPS has achieved NATO’s accreditation, a significant milestone that reflects the company’s world-class expertise, innovation, and commitment to excellence in pilot training. This recognition positions ITPS for continued growth with Canada’s allies and like-minded nations. We look forward to securing more government-to-government (G2G) contracts with ITPS to help expand the reach of their training around the world.” – Bobby Kwon, President and CEO of CCC.

As NATO and Allied air forces face growing demand for highly qualified aircrew, ITPS Canada will continue investing in its aircraft fleets, synthetic training systems, instructional capability, facilities, and people. Through ITPS and ITTC, the organization is positioned to contribute additional training capacity across the Alliance and support the operational readiness of NATO and Allied air forces.

ITPS Canada extends its appreciation to NATO Flight Training Europe and the Accreditation Team for their thorough evaluation and continued collaboration.

– 30 –
Media Contact
Sheila Hodgson
Director, Sales and Marketing
press@itpscanada.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311371

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

Project integrates UNESCO-recognized Can Gio mangrove forest as core climate infrastructure, expanding ESG to include Regeneration and Climate Adaptation

HANOI, VIETNAM – Media OutReach Newswire – 26 August 2026 – Vinhomes Green Paradise, the 2,870-hectare coastal urban development in Can Gio, has become the first greenfield project worldwide to receive the Interim Custom ISO 37122 Smart City Certification from the World Council on City Data (WCCD), even before the arrival of its first residents.

The milestone reinforces Vinhomes’ pioneering “ESG++” model for the project, a framework that moves beyond traditional environmental, social and governance pillars to explicitly incorporate Regeneration and Climate Adaptation as core design principles.

By placing the adjacent UNESCO-recognized Cần Giờ Mangrove Biosphere Reserve at the center of its urban strategy, rather than treating it as peripheral landscape, Vinhomes is demonstrating that large-scale coastal development can simultaneously address biodiversity loss, carbon sequestration and long-term climate resilience.

A measured response to the global urban health crisis

The urgency of rethinking urban models is underscored by global health data. According to the Health Effects Institute’s State of Global Air 2025 report, air pollution was linked to 8.1 million deaths worldwide in 2021, overtaking tobacco to become the second-leading global risk factor for death and the leading cause of death for children under five after malnutrition. The World Health Organization estimates that approximately 89% of the 4.2 million annual premature deaths attributed to outdoor air pollution occur in low- and middle-income countries, precisely the regions experiencing the fastest urban growth.

This reality has redirected global capital flows. Grand View Research projects the global smart-city market to reach USD 3.76 trillion by 2030, compounding at nearly 30% annually, one of the fastest expansion rates across any industry sector. In this context, the question is no longer whether smart cities are worth building, but which developments can demonstrate independently verifiable performance.

Vinhomes Green Paradise has addressed this global benchmark through its Interim Custom ISO 37122 Smart City Certification, awarded by the World Council on City Data (WCCD), which validates its smart infrastructure and data-driven urban governance against international standards.

Moving beyond conventional standards, the project operates under an elevated philosophy known as ESG++, integrating two commitments that extend well past standard corporate reporting: Regeneration and Climate Adaptation. Under the pillar of Regeneration, the development goes beyond traditional conservation by actively restoring local coastal ecosystems through targeted mangrove reforestation, biodiversity preservation and community environmental education.

Concurrently, its Climate Adaptation strategy re-engineers urban infrastructure to proactively withstand long-term environmental hazards such as sea-level rise, storm surges and coastal erosion, ensuring the city is built for future resilience rather than simply reacting to present conditions.

Community perspectives reflect the broader appeal of this approach. Ho Chi Minh City-based content creator FABO Nguyen, speaking to CNBC, described his affection for the city’s dynamism alongside growing concerns about air quality and congestion. For him, and for many urban residents weighing similar trade-offs, the Vinhomes Green Paradise model offers a forward-looking alternative that does not require leaving the region, but instead redefines what a sustainable, livable urban environment can look like.

Mangrove forests as climate infrastructure

What sets Vinhomes Green Paradise apart from most coastal megaprojects globally is not merely its size, but its ecological adjacency. The development borders the Can Gio Mangrove Biosphere Reserve, a UNESCO-recognized site spanning over 75,000 hectares, one of southern Vietnam’s most valuable natural assets.

Recent scientific research has revalued the role of mangroves in climate regulation. A study published in Nature Communications indicates that while mangroves account for just 0.36% of global forest area, they sequester carbon per hectare at nearly four times the rate of mature terrestrial forests, making them among the most efficient natural carbon sinks on Earth. According to the Blue Carbon Initiative, a single hectare of mangrove forest can store carbon equivalent to approximately 1,500 tons of CO₂, a figure no concrete structure can replicate.

Against a backdrop where global mangrove cover has declined by as much as 67% in some estimates, Vinhomes has adopted a preservation-first strategy. The Vinhomes Green Paradise master plan limits building density to just 16% of the total area and establishes a dedicated Forest Regeneration and Climate Adaptation Fund. These measures treat the adjacent mangrove ecosystem not as passive scenery but as active, natural defensive infrastructure against coastal erosion and storm surges, precisely the approach that climate scientists are urging coastal cities worldwide to adopt.

This ecological commitment aligns with measurable economic value. JLL’s research across Asia Pacific, based on an analysis of nearly 3,100 Grade A office buildings in 14 cities, shows that green-certified buildings can command rental premiums as high as 28% over non-certified equivalents in the region’s tightest markets, with supply continuing to lag behind occupier demand. Sustainability, in other words, has ceased to be simply a virtue and has become a measurable asset class.

Similarly, the global energy transition reinforces the viability of Vinhomes Green Paradise’s renewable-energy targets. The Global Wind Energy Council forecasts offshore wind capacity to nearly triple from 83 GW in 2024 to approximately 238 GW by 2030, while the International Energy Agency projects global renewable capacity to grow by 4,600 GW over the same period, equivalent to adding the combined current generation capacity of China, the European Union and Japan. Against this backdrop, Vinhomes Green Paradise’s ambition to run on offshore wind, solar and battery storage reflects a broader global trajectory rather than an isolated pledge.

A blueprint for 21st-century urbanization

Taken together, the ISO 37122 certification, the ESG++ framework, the strategic integration of the Can Gio mangrove ecosystem and the economic revaluation of green assets, Vinhomes Green Paradise presents a coherent response to a defining question in contemporary real estate: how to build cities that are both worth living in and built to endure.

The project’s recognition as the first Official Participant in New7Wonders’ global “7 Wonders of Future Cities” campaign further underscores its international relevance. Vinhomes Green Paradise serves as a notable reference point for coastal urban development, illustrating how economic growth and ecological preservation can be integrated in regional contexts.

Hashtag: #Vinhomes

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

About Vinhomes

Vinhomes is Vietnam’s largest residential real estate and integrated township developer. The company pioneers the development of synchronized, modern large-scale townships, delivering premium living standards and unlocking sustainable investment opportunities for domestic and international clients.