Category: EQS Newswire

EQS via SeaPRwire.com / 30/04/2026 / 09:10 MSK Solidcore Resources plc (“Solidcore” or the “Company”) announces production results for the first quarter, ended 31 March 2026. “We have successfully restored production and sales to stable operating levels, which underpinned strong cash flow generation. Our key development projects, Ertis POX and Syrymbet, are progressing in line with the schedule”, said Vitaly Nesis, CEO of Solidcore Resources plc. HIGHLIGHTS No fatal accidents among the Company’s employees and contractors occurred in Q1 2026. No lost time injuries were recorded. Gold equivalent (GE) production for Q1 2026 reached 125 Koz, representing an 84% year-on-year (y-o-y) increase driven by the recovery of the concentrate processing at third-party POX, as well as the commencement of concentrate processing at the Kazakhmys smelter. Mine level metal output was on par with production at 123 Koz though 8% lower y-o-y due to a planned lower gold grade at Kyzyl as the mine is gradually shifting to underground mining works. GE sales were up by 222% y-o-y to 123 Koz on the back of stabilising production and processing at a third-party POX. Revenue for the reporting quarter increased to US$ 595 million driven by sales recovery and higher gold prices. Net cash stood at US$ 699 million compared with US$ 461 million at the end of 2025. The increase reflects positive free cash flow from operations supported by the release of accumulated inventory. At Ertis POX, Hatch basic engineering has been completed and project documentation submitted for the state expertise and review. The international Environmental and Social Impact Assessment (ESIA) has been finalised and a draft report published on the Solidcore website for stakeholder feedback. The Company reiterates its full-year 2026 guidance: production of c. 540 GE Koz, TCC and AISC within the ranges of US$ 1,350-1,550/oz and US$ 1,850-2,050/oz, respectively. PRODUCTION RESULTS 3 months ended Mar 31, % change1 2026 2025 Waste mined, Mt 23.9 30.6 -22% Ore mined (open pit), Kt 1,464 1,319 +11% Ore processed, Kt 1,634 1,573 +4% Average GE grade processed, g/t 2.7 3.0 -12% Mine metal output, GE Koz2 123 134 -8% Kyzyl (gold in concentrate) 79 97 -18% Varvara 44 37 +18% Production, GE Koz3 125 68 +84% Kyzyl 81 31 +162% Varvara 44 37 +18% Sales, GE Koz 123 38 +222% Kyzyl 84 8 +972% Varvara 39 30 +29% Revenue, US$m4 595 109 +445% Net cash/(debt), US$m5 699 461 +52% LTIFR (Employees)6 0 0 - Fatalities 0 0 - Notes: (1) % changes can be different from zero even when absolute numbers are unchanged because of rounding. Likewise, % changes can be equal to zero when absolute numbers differ due to the same reason. This note applies to all tables in this release. (2) Gross metal output generated at the mine site before accounting for third-party refining or processing losses. Based on 80:1 Au/Ag conversion ratio and excluding base metals. Discrepancies in calculations are due to rounding. (3) Based on 80:1 Au/Ag conversion ratio and excluding base metals. Discrepancies in calculations are due to rounding. (4) Calculated based on the unaudited consolidated management accounts. (5) Non-IFRS measure based on unaudited consolidated management accounts. Comparative information is presented for 31 December 2025. (6) LTIFR = lost time injury frequency rate per 200,000 hours worked. Company employees only are taken into account. About Solidcore Solidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project in Kazakhstan. Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz FORWARD-LOOKING STATEMENTS This release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. KYZYL 3 months ended Mar 31, % change 2026 2025 MINING Waste mined1, Mt 12.4 17.5 -29% Ore mined (open pit), Kt 696 624 +12% PROCESSING Ore processed, Kt 625 589 +6% Gold grade, g/t 4.5 5.8 -23% Gold recovery 88.2% 88.8% -1% Concentrate produced, Kt 27.2 31.2 -13% Concentrate gold grade, g/t 90.4 96.5 -6% Gold in concentrate, Koz1 79 97 -18% Toll-processing at third-party smelter in Kazakhstan Concentrate processed, Kt 15 - N/A Dore produced, Koz 36 - N/A Toll-processing at third-party POX Concentrate processed, Kt 13 9 +52% Gold grade, g/t 115.4 111.5 +4% Gold recovery 93.5% 89.6% +4% Dore produced, Koz 45 31 +47% TOTAL PRODUCTION Gold, Koz 81 31 +162% Note: (1) Kyzyl waste mined reporting approach was amended to include specification of volume weight coefficients used to convert cubes into tons by mines and periods. Previous periods were restated accordingly. (2) For information only; not considered as gold produced and therefore not reflected in the table representing total production. It will be included in total production upon shipment to off-taker or Dore production under the tolling contract at third-party POX. Quarterly gold production at Kyzyl has normalised totalling 81 Koz. With the recovery of toll-processing operations in Amursk, Dore production at the POX improved to 45 Koz. In addition, the Company started to toll-process part of its concentrate at the Kazakhmys smelter contributing a further 36 Koz of gold production for the quarter. The above offsets the decline in gold grade in concentrate produced in Q1 2026 and the resulting volume of gold in concentrate decrease, which was a result of the planned depletion of the high-grade open-pit reserves at the Eastern part of the pit and staged preparation for the underground mining transition. Stripping volumes decreased due to the gradual and systematic reduction of open-pit mining operations. The Company is planning to start underground ore mining in 2030. VARVARA 3 months ended Mar 31, % change 2026 2025 MINING Waste mined1, Mt 11.5 13.1 -12% Ore mined (open pit), Kt 768 695 +10% PROCESSING Leaching Ore processed, Kt 892 781 +14% Gold grade, g/t 1.4 1.2 +23% Gold recovery1 88.6% 89.4% -1% Gold production (in Dore), Koz 37 30 +26% Flotation Ore processed, Kt 118 202 -42% Gold grade, g/t 2.4 1.8 +33% Gold recovery1 90.3% 85.8% +5% Gold in concentrate, Koz 6 7 -15% TOTAL PRODUCTION Gold, Koz 44 37 +18% Note: (1) Technological recovery, includes gold and copper within work-in-progress inventory. Does not include toll-treated ore. At Varvara, quarterly production grew by 18% y-o-y to 44 Koz largely driven by an increase in grade at the leaching circuit where higher-grade ore from the deeper levels of the southern part of the Komar pit has started to be introduced starting from Q4 2025. The flotation circuit saw a decrease in quarterly production due to the lower ore processing volumes attributable to the depletion of Varvara high-copper grade reserves within the current pit. The flotation plant was mostly processing third-party material with a higher grade, which led to the average grade increase at the circuit. DEVELOPMENT PROJECTS At Ertis POX, Hatch basic engineering has been completed and project documentation submitted for the state expertise and review. Public hearings for the environmental permit for the main construction phase were held, and a positive expert conclusion was obtained as part of the national Environmental Impact Assessment (EIA). The hearings were officially recognised as valid, and an environmental permit for the main construction phase was obtained in early April. The conclusion of the comprehensive state construction expertise for the main construction phase is expected in June 2026. The international Environmental and Social Impact Assessment (ESIA) has been completed, with a draft report published on the Solidcore website for stakeholder feedback. As previously reported, the Company is actively executing and negotiating documentation with several international banks for loan facilities of up to US$ 700 million. Completion is expected in Q2-Q3 2026. At Syrymbet, approximately 70% of the engineering surveys have been completed. Development of the regulatory documentation is ongoing, with completion expected in Q2 2026. The Board of Directors approved additional budget of US$ 20 million for site preparation works for the foundation, preliminary construction works and the purchase of key processing equipment. SUSTAINABILITY, HEALTH AND SAFETY During the reporting period, there were no lost time injuries recorded among the Company’s employees and contractors. Accordingly, no days were lost due to work-related injuries (DIS). Safety remains the top priority for Solidcore as we aim to maintain zero fatalities across our operations and among on-site contractors. The Company is committed to implementing initiatives that further enhance health and safety conditions. The Company is actively working to de-risk its energy supply while reducing costs and greenhouse gas (GHG) emissions. In Q1, commissioning works were completed for the solar power plant at Varvara, launched in December, confirming all design parameters and enabling the processing plant to be powered almost entirely by clean solar energy during daytime hours. Construction of the 40 MW gas-piston balancing power plant is progressing in line with schedule. Approximately 92% of the main equipment has been delivered, with completion of deliveries expected by May 2026. All structural steel frameworks for the planned buildings have been fabricated, and construction works are ongoing. Commissioning of the plant is scheduled for the end of 2026, supporting the transition from purchased grid electricity to self-generated energy and contributing to a projected reduction in the Company’s GHG emissions. 30/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 2026-04-29 / 09:27 UTC+8 2025年被公認為人工智能從概念邁向規模化應用的關鍵轉折點。港股人工智能應用端領先企業 - 邁越科技股份有限公司（「邁越科技」，股份代號：2501.HK）於3月份發佈2025年度業績，財報顯示，公司在人工智能賽道實現了跨越式增長：全年實現營收約人民幣4.03億元，同比增長46.6%；年度溢利高達人民幣544.3萬元，較去年同期大增約5,300%。 這份亮麗的成績表，不僅體現了邁越科技在「人工智能+」行動中的強大執行力，更預示著其在即將到來的「AI智能體（AI Agent）元年」中佔據了甚具競爭力的領先地位。 業績爆發：軟硬體協同打造盈利新空間 中國國家及地方政策為人工智慧發展指明方向：國務院印發的《關於深入實施“人工智慧+”行動的意見》、《廣西深入實施“人工智慧+”三年行動方案（2026—2028年）》及“北上廣研發+廣西集成+東盟應用”發展路徑，都明確指出人工智慧為國家的未來重點發展方向之一，這為邁越科技的戰略佈局提供清晰指引。 邁越科技業績的強勁增長，主要歸功於客戶對綜合IT解決方案服務需求的日益增長。2025財年，該板塊貢獻收入約2.98億元，同比增長59%。 公司在提升人工智能應用方面展現了卓越的技術底蘊： 在技術創新方面，深度適配DeepSeek、千問等國產大模型，同時相容GPT、Gemini、Claude Opus等國外先進大模型，融合openclaw等前沿技術，自主研發AI智慧體平台，突破多模態交互、算力調度、資料安全等關鍵技術，構建自主知識體系。 產品創新上，從軟體延伸至智慧算力一體機、AR眼鏡、翻譯硬體等，實現軟硬體一體化、場景一體化。場景創新上，堅持把AI用到真實場景、解決真實問題。AI問數助手降低資料分析門檻，AI智慧寫作助手提升辦公效率，AI數位人應用於政務、教育、客服等領域，讓創新真正創造價值。 邁越科技表示，公司正積極探索以「AI 智能體」技術為核心，結合 AR 眼鏡、全息投影艙等交互硬體，構建面向智慧農業、工業巡檢、智慧文旅及心理健康陪伴的沉浸式智能化服務場景。這種「智能體+場景」的深度滲透，正持續打開公司的利潤增長空間。 戰略佈局：立足廣西，輻射東盟「數字絲路」 國內外人工智慧應用呈爆發式增長。在發展潛力上，智慧教育、數位政務、工業製造等領域仍有巨大滲透空間，東盟國家人工智慧尚處起步階段，市場空白且廣闊。 作為廣西互聯網綜合實力十強企業，邁越科技充分利用「自主研發+廣西集成+東盟應用」的發展路徑，成功將科技力量輻射至東盟國家。 2026年4月17日，越共中央總書記、國家主席蘇林率高級代表團參觀了位於中國南寧的東盟人工智能創新合作中心。該中心是推動中國企業深入挖掘東盟潛力的重要門戶，一期工程相關項目面積約7.78平方公里，中心建築面積達1.9萬平方米。 在參觀過程中，蘇林總書記、國家主席親自試戴並深度體驗了由邁越科技研發的 AI 翻譯眼鏡。這一領袖級的親身體驗，不僅展示了邁越科技在區域語言解析與穿戴設備領域的領先實力，也預示著中國AI產品在越南等東盟市場的巨大增長潛力。 4月17日，越共中央總書記、國家主席蘇林在中國—東盟國家人工智慧應用合作中心試戴邁越AI翻譯提詞眼鏡，右一為邁越科技董事長李常青先生。 關於邁越科技股份有限公司（股份代號：2501.HK） 邁越科技是領先的綜合IT解決方案服務供應商，致力於將AI、大數據及雲計算技術深度融入行業應用。公司深耕智慧教育、數字政務及智能穿戴設備領域，旨在構建「立足廣西、輻射全國、面向東盟」的AI產業新高地。 2026-04-29 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php

EQS via SeaPRwire.com / 29/04/2026 / 09:27 UTC+8 The year of 2025 is widely recognized as the pivotal turning point for Artificial Intelligence (AI) as it moves from conceptualization to large-scale application. Maiyue Technology Limited (“Maiyue Technology”, the “Company” , stock code: 2501.HK), a leading AI application enterprise listed on the Hong Kong Stock Exchange, released its 2025 annual results in March. The financial report reveals leapfrog growth in the AI sector: Total Revenue: Approximately RMB 403 million, a year-on-year (YoY) increase of 46.6%. Annual Profit: Approximately RMB 5.443 million, representing a massive surge of about 5,300% compared to the previous year. This stellar performance reflects Maiyue Technology’s strong execution within the "AI+" initiative and signals its competitive leadership position in the upcoming "Year of the AI Agent".Earnings Breakthrough: Synergizing Software and Hardware for New Profit FrontiersNational and local policies in China have provided a clear strategic direction for AI development. Initiatives such as the State Council’s guidelines on deepening the implementation of the “Artificial Intelligence (AI) Plus” and Guangxi's “Three-Year Action Plan for Deeply Implementing the AI+ Initiative (2026-2028)” emphasize a development path of "R&D in North/Shanghai/Guangdong + Integration in Guangxi + Application in ASEAN," which serves as a roadmap for the Company’s strategic layout.The robust growth of the financial result of the Company is primarily attributed to the surging demand for integrated IT solution services. In FY2025, this segment contributed approximately RMB 298 million in revenue, a 59% YoY increase.The Company has demonstrated outstanding technological capabilities in enhancing the application of AI:For technical innovation, the Company has deeply adapted to domestic large models like DeepSeek and Qwen, while maintaining compatibility with international models such as GPT, Gemini, and Claude Opus. By integrating cutting-edge technologies like OpenClaw, the Company has independently developed an AI Agent platform, breaking through key bottlenecks in multi-modal interaction, computing power scheduling, and data security.For product innovation, offerings have expanded from software to integrated hardware, including AI computing all-in-one machines, AR glasses, and translation hardware, achieving the integration of software, hardware, and application scenarios. In terms of scenario innovation, Maiyue Technology insists on applying AI to real-world scenarios to solve actual problems. The AI Data Assistant lowers the barrier to data analysis, the AI Writing Assistant enhances office efficiency, and AI Digital Humans are deployed in government, education, and customer service, ensuring that innovation creates tangible value.The Company is actively exploring immersive service scenarios for smart agriculture, industrial inspection, smart tourism, and mental health companionship by combining AI Agent technology with interactive hardware like AR glasses and holographic projection booths. This deep integration of "intelligent agents + scenarios" is continuously providing opportunities for profit growth for the company.Strategic Layout: Rooted in Guangxi, Radiating Across the "Digital Silk Road"While domestic and international AI applications are exploding, significant gaps remain in sectors like smart education, digital government, and industrial manufacturing. Notably, the AI market in ASEAN countries is still in its infancy, offering vast opportunities.As one of the Top 10 Internet Enterprises in Comprehensive Strength in the Guangxi Zhuang Autonomous Region, Maiyue Technology leverages its unique position to radiate technological power into ASEAN.On April 17, 2026, To Lam, General Secretary of the Communist Party of Vietnam and President of Vietnam, led a high-level delegation to visit the ASEAN AI Innovation and Cooperation Center in Nanning, China. The center serves as a vital gateway for Chinese enterprises to deeply tap into the potential of the ASEAN market. The first phase of the related projects covers an area of approximately 7.78 square kilometers, with the center itself boasting a construction area of 19,000 square meters.During the visit, President To Lam personally tested and experienced the AI translation glasses developed by Maiyue Technology. This high-level endorsement underscores Maiyue Technology’s regional leadership in language analysis and wearable devices, signaling immense growth potential for Chinese AI products in Vietnam and the broader ASEAN market. On April 17, To Lam, General Secretary of the Communist Party of Vietnam and President of Vietnam, tries on Maiyue Technology’s AI translation and teleprompter glasses at the China-ASEAN AI Application Cooperation Center. On the far right is Mr. Li Changqing, Chairman of Maiyue TechnologyAbout Maiyue Technology Limited (2501.HK)Maiyue Technology is a leading integrated IT solution service provider dedicated to deeply integrating AI, big data, and cloud computing into industry applications. With a focus on smart education, digital government, and intelligent wearable devices, the Company aims to build a new AI industrial highland that is "based in Guangxi, radiating nationwide, and facing ASEAN". 29/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 29/04/2026 / 09:13 UTC+8 On April 27, Deutsche Bank released a research report on Xunce Technology (03317). It set a target price at HK$351, implying an upside of over 20% to the prevailing market price, and reaffirmed a "Buy" rating. Founded in 2016, Xunce Technology has completed seven financing rounds to date, with shareholders including Tencent, KKR, Yunfeng Fund, Taikang Life and SPD Bank. Its valuation has surged more than 530 times since the Series A round, marking a remarkable victory for long-term institutional investors that have backed Xunce for nearly a decade. Yet these top-tier institutions are betting on more than a single company. They are positioning for a fast-evolving megatrend - the token economy. The core of the token economy lies in shifting the billing basis from "software access" to "value consumption". Under the traditional SaaS model, as clients pay fixed subscription fees, vendor’s revenues are not linked to the actual value delivered. The token model bills based on usage: higher consumption and value creation amplify vendor’s revenue. Driven by the evolution of AI agents, token demand will grow exponentially. According to Frost & Sullivan, China’s real-time data infrastructure and analytics market reached RMB 18.7 billion in 2024 with a penetration rate of merely 3.6%, and is projected to hit RMB 50.5 billion by 2029 at a 22% CAGR. In this highly underpenetrated market with booming demand, Xunce secures a leading foothold in the AI real-time data infrastructure market. What role does Xunce play amid this trend? Deutsche Bank defines Xunce as a "data fuel supplier" and "billing center". Being a “data fuel supplier” suggests that, unlike general large language model developers, Xunce focuses on vertical sectors, leveraging domain-specific data expertise to deliver highly accurate data to support decision-making for enterprises. “Billing center” represents the core of Xunce’s business model: billing every AI call as a critical toll station in the token economy era. Deutsche Bank noted that this vertical Token-as-a-Service (TaaS) model grants Xunce a unique premium, decoupling its revenue from general computing costs and driving its non-linear growth alongside clients’ business workflow expansion. Xunce is building its token pricing system across three dimensions: data scarcity, call frequency and modular scalability. Xunce currently offers three monetization models: traditional subscription, transaction-based billing, and the fast-scaling token-based billing. Management revealed that token-driven revenue now accounts for roughly 5% of total revenue, with a target of 20%-30% by the end of 2026. In April 2026, annual recurring revenue (ARR) from token usage surged 300% quarter-on-quarter, proving token services have become Xunce’s new growth engine. Deutsche Bank forecasted that as the shift advances, Xunce’s adjusted net profit margin will rise from 6.9% to 24.4% between 2025 and 2028, with its revenue CAGR estimate being upgraded from 57% to 76%. The next three years will be a critical window for Xunce to unlock accelerated profit growth. Started with the asset management sector, Xunce has expanded into highly regulated sectors demanding strict data accuracy and compliance, including insurance, banking, energy and telecommunications. On the one hand, high switching costs sustain the stickiness of its existing clients. On the other hand, Xunce’s footprint extends to more than 10 sectors, such as finance, telecoms, power, energy and consumption. Compared with Palantir’s 17 vertical sectors in the U.S., Xunce still boasts substantial upside for expansion. Moving forward, Xunce is accelerating its expansion into key livelihood-related sectors including power, telecoms, healthcare, energy and robot training platforms. Starting from 2025, it further extends its AI infrastructure business into emerging sectors such as robotic data platforms and commercial aerospace. In the AI era, the real money is made not by the gold diggers, but by the shovel sellers. Those who upgrade basic shovels into "intelligent excavators" stand to earn the most reliable returns. And Xunce is emerging as one of them. As token becomes the fundamental currency of the AI world and every model call runs through billing centers, Xunce’s revenue will be deeply tied to the prosperity of the entire AI industry. 29/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 2026-04-28 / 23:13 UTC+8 【即時發布】 2026年4月28日 基石科技控股有限公司 (股份代號: 8391.HK) 與小鵬充電訂立戰略合作協議 拓展亞太地區網絡覆蓋，提升利用率和用戶忠誠度 （香港 – 2026年4月28日）一家領先的電動車充電解決方案供應商 – 基石科技控股有限公司 （「基石科技」或「本公司」，連同其附屬公司，統稱「本集團」；股份代號：8391.HK）欣然宣佈，其全資附屬公司Cornerstone EV Charging Service Limited及其聯營公司Spark EV Company Limited （「Spark」）與小鵬充電（香港）有限公司（「小鵬」）訂立戰略合作協議。根據該協議，各方旨在共同建設其電動汽車（「EV」）充電生態系統，並推廣其在亞太地區之應用。 此次合作的重點在於小鵬將與本集團及Spark在亚太地區共同投資開發電動汽車充電站，並將委託本集團及Spark負責該等充電站之管理及營運。透過妥善運用本集團的技術專長、小鵬廣泛的客戶基礎以至Spark的區內佈局，各方擬加快部署區內充電基礎設施，以滿足區內日益增長的充電需求，繼而鞏固其在亞太市場的領先地位。 小鵬為小鵬集團（XPeng Inc.）之附屬公司。小鵬集團作為中國領先的智能電動汽車企業，業務覆蓋智能電動汽車的設計、研發、製造及銷售。除致力拓展充電網絡以外，本集團亦計劃向小鵬用戶提供充電卷和其他優惠服務，旨在提升用戶體驗及客戶忠誠度，以及進一步提高充電網絡之利用率。 基石科技行政總裁兼執行董事葉兆康先生表示：「是次合作充分凸顯出小鵬對本集團以至Spark的絕對信任，不但明確認可了本集團及Spark在亚太地區的領先地位、在地專業知識及出眾執行能力，同時更委以重任，視雙方為區域拓展計劃的重要合作夥伴。是次合作將有助我們進一步加快亞太地區的部署；一方面，Spark在泰國已建立了穩固的基礎，另一方面，小鵬將為我們的充電生態系統帶來豐富的技術應用以及忠誠的用戶群體，為網絡鋪設和提升網絡使用率奠定了堅實的基礎。隨著三方強強聯手，我們將共同努力降低電動汽車的使用成本，推動電動出行在亞太地區的快速普及，同時鞏固自身定位，成為電動車生態系統中的重要市場參與者，在多變的經營環境下，致力為用戶和股東創造可持續的價值。」 小鵬、基石科技及Spark亞太區戰略夥伴簽約儀式 -完- 關於基石科技控股有限公司 基石科技控股有限公司（8391.HK）為香港領先的電動車充電解決方案供應商，致力為客戶提供一站式充電系統、充電設備及相關配件，以及充電基礎設施的諮詢、安裝、維護和租賃服務。集團在香港的核心業務分為私人住宅充電訂閱服務（Cornerstone HOME）和公共充電網絡（Cornerstone GO），後者現時已覆蓋超過118個策略性停車場，總充電點數量超過2,000個，會員人數亦突破92,000名用戶。集團亦致力捕捉香港以外的市場機遇，以Spark EV品牌進軍泰國市場，同時積極探索馬來西亞和印尼等高潛力市場。目前Spark EV 已投入運營的充電站已超過 250 座，會員人數亦突破 222,500名用戶。 此新聞稿由金通策略有限公司代基石科技控股有限公司發布。 如有查詢，請聯絡： DLK Advisory 電話：+852 2857 7101 傳真：+852 2857 7103 2026-04-28 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php

EQS via SeaPRwire.com / 28/04/2026 / 23:13 UTC+8 【Immediate Release】 28 April 2026 Cornerstone Technologies Holdings Limited (Stock Code: 8391.HK) Entered into a Strategic Cooperation Agreement with XPeng Charging Enhance Network Coverage, Utilization and Loyalty across APAC (Hong Kong – 28 April 2026) A leading electric vehicle charging solutions provider – Cornerstone Technologies Holdings Limited (“Cornerstone” or the “Company”, stock code: 8391.HK, together with its subsidiaries, collectively the “Group”) is pleased to announce that its wholly-owned subsidiary, Cornerstone EV Charging Service Limited, along with its associate company, Spark EV Company Limited (“Spark”), have entered into a strategic cooperation agreement with XPeng Charging (Hong Kong) Limited (“XPeng”). Based on the agreement, the parties aim to jointly develop and promote its electric vehicle (“EV”) charging ecosystem across the Asia-Pacific (“APAC”) region. A key element of this collaboration is XPeng co-investing with the Group and Spark in the APAC region to develop electric vehicle (“EV”) charging stations, while entrusting the management and operations of the stations to the Group and Spark. Leveraging the technical expertise of the Group, the broad customer base of XPeng, and the regional presence of Spark, the parties intend to accelerate the rollout of EV infrastructure to capture the growing charging demand in the region, further establishing itself as a leading player in the APAC market. XPeng is a subsidiary of XPeng Inc., a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets smart EVs. In addition to network expansion, the Group also intends to offer charging credits and other preferential services to XPeng users, which are designed to improve overall user experience, foster long-term loyalty, and drive network utilization. Mr. Yip Shiu Hong, Chief Executive Officer and Executive Director of Cornerstone Technologies, said, “This partnership represents a strong vote of confidence from XPeng and serves as a clear recognition of the respective strengths, market expertise, and execution capabilities of the Group and Spark in the APAC region positioning both as trusted partners in XPeng's ongoing regional expansion. The cooperation with Spark and XPeng will allow us to further accelerate our penetration into the APAC market. While Spark has already established a solid foothold in Thailand, the addition of XPeng should bring extensive technical know-how and its loyal user base to our ecosystem, laying a solid foundation for network expansion and improved utilization. Together, we are committed to lowering the total cost of EV ownership and driving faster adoption of electric mobility across APAC, positioning ourselves as a key player in the evolving EV ecosystem, and creating sustainable value for our users and shareholders.” Xpeng & Cornerstone Technologies & Spark APAC Strategic Partnership Signing Ceremony -End- About Cornerstone Technologies Cornerstone Technologies Holdings Limited (8391.HK) is a leading provider of electric vehicle (EV) charging solutions in Hong Kong, offering integrated charging systems, charging equipment, and related accessories, as well as consultancy, installation, maintenance, and leasing services for charging infrastructure. In Hong Kong, its comprehensive solutions include private residential charging subscription services (Cornerstone HOME) and public charging networks (Cornerstone GO), with the latter already in operation across more than 118 strategic car parks, totaling over 2,000 charging points and more than 92,000 members. The Company is also expanding beyond the Hong Kong market, entering Thailand under the brand name of Spark EV, and actively exploring high-potential markets such as Malaysia and Indonesia. Currently, Spark EV has more than 250 charging stations in operation with the number of members exceeding 222,500. This press release is issued by DLK Advisory Limited on behalf of Cornerstone Technologies Holdings Limited. For enquiries, please contact: DLK Advisory Tel：+852 2857 7101 Fex：+852 2857 7103 28/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 28/04/2026 / 14:40 UTC+8 SHANGHAI, April 27, 2026 — Volant Aerotech, a leading pioneer in China’s commercial passenger eVTOL (electric Vertical Take-Off and Landing) sector, today announced the closing of a $300 million Series C funding round. This transaction sets a new record as the largest single financing event in China’s low-altitude economy and the high-end commercial passenger eVTOL sector in recent years. The round was led by Stone (UAE), with participation from HSG and Fortera Capital. Existing shareholders Future Capital and Legend Capital also significantly increased their stakes. The capital injection is earmarked for the airworthiness certification of the VE25-100 model, accelerated large-scale commercial delivery, and the expansion of Volant’s global market footprint. Industry-Leading R&D and Safety Milestones Founded in 2021, Volant Aerotech has strictly adhered to its "three types, three generations" product and technical roadmap. Its flagship composite-wing aircraft, the VE25-100, is purpose-built for commercial passenger transport. It offers a spacious, flexible cabin and safety standards comparable to civil airliners, designed to operate in diverse weather conditions with high dispatch rates. Key technical achievements include: Advanced Flight Testing: Completion of high-risk flight tests, including single-propeller failure and emergency landings. Manned Flight Success: The first successful manned flight for an aircraft in its class, validating superior handling and system stability. Certification Timeline: Airworthiness certification is progressing steadily, with completion projected for the first half of 2027. Global Commercial Traction and Backlog Volant’s commercial momentum has surged since securing its first firm order last year. Within just 12 months, the company has built a robust portfolio: Total Orders: Over 1,900 aircraft with a total value exceeding RMB 47.5 billion ($6.5B+ USD). Blue-Chip Clients: Confirmed orders and advanced payments (totaling nearly RMB 100 million) from major players including China Southern Airlines General Aviation, Asian Express, ABC Financial Leasing, and so on. International Record: Over 500 overseas orders from partners in Thailand (Pan Pacific), Dubai (IC Leasing), and Germany (DC Aviation). A single $1.75 billion deal with Pan Pacific remains the largest export order for a Chinese eVTOL to date. A New Era for the Low-Altitude Economy With 12 rounds of financing completed over five years totaling over RMB 4 billion, Volant stands as one of the most well-funded and frequently backed enterprises in the sector. "The participation of global benchmarks like HSG and international players like Stone validates our technical prowess and R&D efficiency," the company stated. Industry observers note that this massive funding round signals a consolidation in the market, with Volant emerging as a "unicorn" representing China’s competitive strength in the global low-altitude economy. About Volant Aerotech Volant Aerotech is a premier developer of passenger-grade eVTOL aircraft. Its flagship VE25-100 model is designed for a wide range of applications, including commercial passenger transport, low-altitude sightseeing, emergency rescue and aerial logistics.Media Contact: marketing@volantaerotech.com 28/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 2026-04-27 / 18:20 UTC+8 攜手法國殿堂級瓷器品牌 Bernardaud 聯合首推餐具系列 進一步拓展品牌奢華生活版圖 （中國香港， 2026年4月27日） 周大福珠寶集團有限公司（「周大福珠寶集團」、「集團」或「公司」；香港聯交所股份代號︰1929）作為以近百年信任與創新傳承為基礎的全球知名中國奢侈品集團，今年二月於尖沙咀廣東道開設全球首家旗艦店，並將於5月中舉辦盛大開幕典禮，同步宣布突破珠寶領域推出「周大福家居」（Chow Tai Fook Home），標誌著集團品牌轉型中的一個重要里程碑。 自2024年啟動品牌轉型以來，集團聚焦於透過新形象店提升顧客體驗，展示品牌耳目一新的形象；同時在產品組合中融入獨具特色的設計，不但進一步深化集團致力於提升顧客互動體驗的承諾，更拓展品牌在全球具品味的消費者的影響力。 周大福珠寶集團副主席鄭志雯女士表示：「全球首間旗艦店的隆重揭幕，加上『周大福家居』的正式推出，標誌着我們品牌轉型旅程中的重要時刻。在過去近一世紀，周大福珠寶一直秉持傳承中國精湛工藝的使命，而周大福家居正是將品牌深厚的文化延伸到顧客的日常生活。透過進軍家居領域，我們正不斷拓展周大福珠寶於消費者心中的品牌底蘊，同時進一步鞏固我們在國際奢侈品市場中的地位。」 攜手Bernardaud推出「周大福家居」餐具系列 周大福珠寶推出全新「周大福家居」，標誌著集團在產品品類上的重要策略舉措。作為首個進軍高端家品領域的知名中國奢侈品集團，周大福珠寶憑藉精湛工藝，將品牌深厚的文化底蘊融入日常生活，為消費者構建時尚生活方式體驗。此次集團攜手法國殿堂級瓷器品牌Bernardaud 共同打造「周大福家居」餐具 ─「傳福」與「銀杏」系列，將世界級工藝傳統與當代設計語言融合，進一步融入顧客的日常生活，彰顯周大福珠寶在國際奢侈品領域的品牌地位，推動品牌策略轉型與升級。 以品牌典藏館與黃金銀杏樹作序幕 周大福珠寶全球首家旗艦店坐落於全港最具代表性的消費與旅遊熱點 -- 尖沙咀廣東道，於今年2月正式開幕。門店以「周大福之家」為核心理念，並以品牌歷史與工藝傳承作為整個空間設計與敘事的起點。從門店外觀到室內空間，均以標誌性周大福紅與沉靜木質和諧搭配。 旗艦店更特設全球唯一的「品牌典藏館」，呈現周大福珠寶自1929年起近百年的發展歷程，彰顯品牌開創先河的行業領導地位，同時展示攜手權威機構對錘揲、花絲等古法黃金工藝的研究與守護，傳遞百年品牌的深厚底蘊。 作為集團旗艦店一個重要標誌，門店正門樹立著一棵高2.1米，寬2.3米、懸掛著約3,500塊純金樹葉的黃金銀杏樹。黃金銀杏樹於2016年完成製作，重量約40公斤，由集團近50位工匠耗時近6萬小時精心打造而成。銀杏樹歷練久遠，象徵堅韌與守護；正如周大福珠寶百年琢磨，歷久彌新。 沉浸式奢華體驗 從入口處的品牌典藏館出發，旗艦店內劃分成不同區域，因應顧客喜好和需要展示包括傳福、傳喜、周大福故宮及傳承系列等多個經典產品系列，提升顧客體驗。門店中心則是品牌首次在香港門店中引入的互動體驗專區 Charm Your Path，顧客可根據MBTI (16型人格測試)，同時結合生肖與星座寓意、專屬祝福語與個人風格偏好，自由搭配串飾，定制專屬個性手串。旗艦店同時匯聚高級珠寶系列、HEARTS ON FIRE多個系列，亦特設婚嫁區域和VIP專區。 通過融合品牌歷史、空間美學與互動體驗，周大福珠寶全球首家旗艦店不僅重塑奢華零售體驗，也為中國奢侈品牌在國際舞臺上樹立全新標準。 ### 關於周大福珠寶集團有限公司 周大福珠寶集團的旗艦品牌「周大福」創立於1929年，一直透過別出心裁的設計和對細節的堅持，讓傳統成為經典。時至今日，品牌已成為了卓越品質、非凡價值及誠信可靠的代名詞。 作為全球知名中國奢侈品集團，我們深信透過現代創新設計揉合傳統工藝，能創造出代代相傳的臻品。每個系列皆承載顧客的人生故事，慶祝他們生命中每個珍貴時刻，並在追尋幸福的旅程中帶來啟發和激勵，讓「周大福」的品牌故事深深融入顧客的生活脈絡。 集團擁有豐富的品牌組合，除了旗艦品牌「周大福」，還有HEARTS ON FIRE、ENZO與MONOLOGUE。我們亦積極開拓IP 聯乘合作，為顧客提供多元化的選擇。我們的業務網絡遍布中國，且持續延伸至全球多個市場。在全球設有逾5,000 家門店，致力於全渠道為顧客提供無縫體驗。 周大福珠寶集團有限公司（香港聯交所股份代號：1929）於2011 年12 月在香港聯合交易所主板上市，致力通過提高盈利質量和推動更高價值的增⾧，為不同持份者創造可持續的⾧期價值。 傳媒垂詢，請聯絡： 周大福珠寶集團有限公司吳海廸（Haide Ng） 企業傳訊副總監 電話：（852）3115 4402 電郵：haideng@chowtaifook.com 陳綺雯（Acky Chan） 企業傳訊高級經理 電話：（852）3115 4403 電郵：ackychan@chowtaifook.com 2026-04-27 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php

EQS via SeaPRwire.com / 27/04/2026 / 18:20 UTC+8 Debut tableware collection developed in collaboration with Bernardaud, a renowned French porcelain maison expanding the brand’s luxury lifestyle universe (Hong Kong, 27 April 2026) Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook Jewellery Group", the "Group" or the "Company"; SEHK stock code: 1929), the global Chinese luxury group built on a nearly century-long legacy of trust and innovation, today announced its venture beyond jewellery - the launch of Chow Tai Fook Home, a new luxury home-décor line. The unveiling, ahead of the grand opening of the Group’s first global flagship store on Canton Road, Tsim Sha Tsui in mid-May, marks a milestone in the Group’s brand transformation journey. Since embarking on a holistic brand transformation in 2024, the Group has sharpened its focus on elevating customer experience through newly designed stores and a differentiated product portfolio. These dual launches deepen the Group’s commitment to enrich customer engagement and extend its relevance to a broader spectrum of discerning consumers worldwide. Ms Sonia Cheng, Vice-chairman of Chow Tai Fook Jewellery Group, said, “The opening of our global flagship store and the debut of Chow Tai Fook Home mark a defining moment in our brand’s ongoing transformation. For nearly a century, Chow Tai Fook Jewellery has been a custodian of exceptional Chinese craftsmanship, and Chow Tai Fook Home represents a natural evolution of that heritage — bringing our artistry into the everyday lives of our customers. By entering the home-décor category, we are broadening the meaning of Chow Tai Fook and reinforcing our stature as a leader in the global luxury market.” Debut Chow Tai Fook Home Tableware Line in Collaboration with Bernardaud Chow Tai Fook Home represents a significant strategic extension of Chow Tai Fook Jewellery into elevated everyday living. As the first global Chinese luxury group to enter the luxury home category, the Group is bringing its mastery of fine craftsmanship to objects designed to enrich home décor. Developed in collaboration with internationally acclaimed brand, Bernardaud – the venerable French porcelain maison – Chow Tai Fook Home’s tableware collections, Rouge and Ginkgo, bring together world-class artisanal traditions with a contemporary design language. This expansion reinforces the Group’s positioning in the global luxury landscape, while integrating the brand more deeply into customers’ daily lives. Dazzled by Heritage Pavilion and Gold Ginkgo Tree The Group’s first global flagship store, which soft-launched in February, occupies a prime location on Canton Road, Tsim Sha Tsui, Hong Kong’s iconic luxury destination. Conceived as the Home of Chow Tai Fook, the concept frames the brand’s history and craft as the point of origin for the store. With the space harmonising the brand’s signature ‘Chow Tai Fook Timeless Red’ with the warmth of natural wood, it creates an ambience that is refined and welcoming. At the threshold of the store, a Heritage Pavilion chronicles the brand’s journey since its founding in 1929, celebrating Chow Tai Fook Jewellery’s pioneering role in the industry and its dedication to preserving ancient gold crafting traditions – including chasing and filigree – developed in collaboration with leading cultural and academic institutions. Commanding over the entrance is the brand’s signature Gold Ginkgo Tree, which stands 2.1 metres tall and 2.3 metres wide, is adorned with approximately 3,500 pure gold leaves, weighs around 40 kilograms, handcrafted by nearly 50 master craftsmen in close to 60,000 hours, and completed in 2016. Enduring through the ages, the gingko tree stands as a symbol of resilience, grace and blessing. For nearly a century, Chow Tai Fook Jewellery has embodied the same spirit – constantly evolving, yet timeless in its craft. An Immersive Luxury Experience Beyond the Heritage Pavilion, the flagship store is thoughtfully zoned to present the Group’s iconic collections – including CTF Rouge, CTF Joie, Chow Tai Fook Palace Museum and HUÁ Collections – curated to reflect individual tastes and occasions. At the heart of the store, the brand introduces “Charm Your Path”, an interactive personalisation experience making its Hong Kong debut. Drawing on Myers-Briggs Type Indicator (MBTI) personality types alongside Chinese zodiac symbolism, astrological meaning and personal style preferences, customers can create bespoke charm bracelets. The store also features High Jewellery, HEARTS ON FIRE collections, a dedicated bridal zone for couples, and a private VIP zone. By weaving together the brand history, spatial elegance and interactive discovery, Chow Tai Fook Jewellery is redefining the luxury experience, setting a new benchmark for Chinese luxury on the global stage. ### Chow Tai Fook Jewellery Group Limited Since its founding in 1929, CHOW TAI FOOK, the flagship brand of Chow Tai Fook Jewellery Group, has been celebrated for its bold designs and meticulous attention to detail. Our commitment to innovation and craftsmanship has made us synonymous with excellence, value, and authenticity. As the global Chinese luxury group, we blend contemporary designs with traditional techniques to create timeless pieces. Each collection reflects our customers' stories and lives, celebrating their special moments. We aspire to inspire and captivate generations to come, weaving the story of CHOW TAI FOOK into their own. Our brand portfolio includes the iconic CHOW TAI FOOK flagship brand, HEARTS ON FIRE, ENZO, and MONOLOGUE, offering a wide variety of products that also includes an expanding range of cutting-edge IP collaborations. With over 5,000 stores worldwide, we offer a seamless client journey across all touchpoints that includes a network across China as well as a growing number of global locations. Chow Tai Fook Jewellery Group Limited (SEHK: 1929) has been listed on the Main Board of the Hong Kong Stock Exchange since December 2011. We are committed to delivering sustainable long-term value for our stakeholders by continually enhancing earnings quality and driving higher value growth. Media Enquiries: Chow Tai Fook Jewellery Group Limited Haide Ng Associate Director, Corporate Communications Tel: (852) 3115 4402 Email: haideng@chowtaifook.com Acky Chan Senior Manager, Corporate Communications Tel: (852) 3115 4403 Email: ackychan@chowtaifook.com 27/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 2026-04-27 / 15:38 UTC+8 全球市場正在重新定價鋁。過去，鋁更多被當作週期品交易：需求好，價格漲；庫存高，價格跌。但今年的變化在於，鋁正在被重新看作供應安全資產。中東衝突推高能源和航運風險，霍爾木茲海峽擾動海外鋁廠原料輸入和產品輸出；幾內亞鋁土礦政策變化，則讓市場重新審視礦石資源的稀缺性。 這對中國宏橋意味著一件事：只要鋁的市場還在，股價就很難真正跌得動。 宏觀邏輯並不複雜。中國國內電解鋁產能逼近4500萬噸天花板，新增供給有限；海外產能又受電力、天然氣、物流和地緣政治約束。需求端雖然有週期波動，但新能源車、光伏、儲能、電網投資、輕量化和AI算力基礎設施，仍在不斷抬高鋁消費的中長期底座。 國泰海通研報曾指出，2026 年鋁市場供給仍將偏緊，並上調中國宏橋目標價至 43.2港元；其邏輯包括國內運行產能接近上限，以及銅鋁比高企推動“以鋁代銅”需求。富途新聞轉載的中金觀點也提到，卡塔爾鋁業和巴林鋁業相繼出現不可抗力後，LME鋁價一度升至3418美元/噸，並認為鋁價上行和噸鋁利潤擴張帶來重估機會。 宏橋的不同之處在於，它不是單純跟隨鋁價波動的冶煉企業。它有上游礦源、氧化鋁、電解鋁和加工的一體化鏈條。 華源證券4月25日研報稱，中國宏橋截至2025年擁有國內外氧化鋁產能合計2100萬噸、電解鋁合規產能646萬噸、鋁加工產能97萬噸。該報告還提到，宏橋作為贏聯盟成員佈局幾內亞鋁土礦，2025年贏聯盟博凱鋁土礦出口量超過7000萬濕噸，韋立國際預計 2026 年出貨量將超過9000萬噸；公司理論氧化鋁產能自給率達171%。 這組數據很關鍵。鋁價上漲時，市場看利潤彈性；供應鏈緊張時，市場看資源確定性。宏橋兩者都有。 幾內亞是這條邏輯的核心。五礦期貨此前報告顯示，截至2025年前10個月，中國累計進口鋁土礦17140萬噸，同比增長30.11%；其中自幾內亞進口12743萬噸，同比增長38.37%。幾內亞已不是邊際補充，而是中國鋁產業鏈原料安全的核心變數。對普通鋁企來說，這是風險；對有長期礦源和物流體系的宏橋來說，這是護城河。 華創證券4月3日研報給出了另一個角度。2025 年中國宏橋實現營業收入1623.54億元，同比增長4.0%；歸母淨利潤226.36億元，同比增長1.2%，創歷史新高。鋁合金業務銷量582.4萬噸，毛利率提升至28.5%；資產負債率由48.24% 降至42.25%。華創證券將其目標價定為44港元，維持“推薦”評級，並把 2026—2028 年歸母淨利潤預測上調至321.5億元、349.7億元、382.9億元。 股東回報也在托底估值。申萬宏源4月2日研報稱，中國宏橋2025年末期股息擬派每股165港仙，分紅比例約65.4%；年內斥資55.8億港元回購3.06億股並全部註銷。該機構維持“增持”評級，並預計公司2026—2028年歸母淨利潤為322億元、344億元、378億元。 外資口徑也不弱。AASTOCKS 援引匯豐研究報告的公開摘要稱，宏橋 2025 財年業績穩健但略遜預期，維持“買入”評級和41港元目標價；匯豐認為，在宏觀不確定性下，鋁在其覆蓋範圍內比銅和黃金更具韌性，宏橋以約2026 財年預估市盈率7.7倍交易，股息率約9%，估值具有吸引力。這就是宏橋股價“跌不動”的底層原因。短期它會受港股情緒、資金流和商品價格波動影響；但只要鋁價中樞不塌，只要幾內亞礦石和海外鋁廠擾動仍在，市場就很難忽視宏橋的利潤彈性、資源優勢和現金回報。 更直接地說，鋁價給宏橋業績彈性，礦源給宏橋估值溢價，分紅和回購給股價提供緩衝。 只要價格向上的邏輯還在持續，關注週期股就正當時。但宏橋現在的支撐不只來自鋁價，還來自礦石、氧化鋁自給、成本曲線和股東回報。鋁的市場仍在，只要全球供應鏈還在為能源、航運和資源政策付出溢價，宏橋每一次被市場情緒帶下去，都更像是一次重新買入的窗口，而不是趨勢反轉的開始。 2026-04-27 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php

EQS via SeaPRwire.com / 27/04/2026 / 15:38 UTC+8 Why China Hongqiao Is Hard to Sell as Aluminum Gets Repriced？Aluminum’s Supply Shock Rewrites the Trade, Making Hongqiao’s Pullbacks Look BuyableGlobal markets are repricing aluminum. For years, aluminum was traded largely as a cyclical commodity: prices rose when demand improved and fell when inventories built up. This year, that framework is changing. Aluminum is increasingly being viewed as a supply-security asset. Conflict in the Middle East has raised energy and shipping risks. Disruption around the Strait of Hormuz has complicated the flow of raw materials into overseas smelters and the shipment of finished metal out of them. Policy shifts in Guinea, meanwhile, have forced investors to take another look at the scarcity value of bauxite. For China Hongqiao Group Ltd., that points to a simple conclusion: as long as the aluminum market remains intact, the stock will be hard to sell down in any meaningful way. The macro logic is straightforward. China’s domestic electrolytic aluminum capacity is approaching the 45 million-ton ceiling, leaving limited room for new supply. Overseas capacity is constrained by power availability, natural gas costs, logistics and geopolitics. Demand may still move with the cycle, but electric vehicles, solar power, energy storage, grid investment, lightweight materials and AI-related infrastructure continue to raise the medium- and long-term floor for aluminum consumption. Guotai Haitong Securities has said in a research note that aluminum supply is likely to remain tight in 2026, and raised its target price for China Hongqiao to HK$43.2. Its reasoning included domestic operating capacity nearing the regulatory cap and a high copper-to-aluminum price ratio encouraging substitution demand. Separately, a CICC view cited by Futubull noted that after Qatar Aluminium and Aluminium Bahrain declared force majeure, LME aluminum once climbed to $3,418 a ton, creating room for a rerating as aluminum prices and per-ton profits rise. Hongqiao is different from a smelter that merely tracks aluminum prices. It has an integrated chain covering upstream bauxite resources, alumina, electrolytic aluminum and aluminum processing. Huayuan Securities said in an April 25 report that by the end of 2025 China Hongqiao had 21 million tons of alumina capacity at home and abroad, 6.46 million tons of compliant electrolytic aluminum capacity, and 970,000 tons of aluminum processing capacity. The report also said Hongqiao, as a member of the Winning Consortium, has exposure to bauxite resources in Guinea. In 2025, the consortium’s Boké bauxite exports exceeded 70 million wet metric tons, while Winning International expects shipments to surpass 90 million tons in 2026. Huayuan also estimated Hongqiao’s theoretical alumina self-sufficiency ratio at 171%. Those numbers matter. When aluminum prices rise, investors focus on earnings leverage. When supply chains tighten, they focus on resource certainty. Hongqiao has both. Guinea sits at the center of that logic. A previous report by Minmetals Futures showed that in the first 10 months of 2025, China imported 171.4 million tons of bauxite, up 30.11% from a year earlier. Imports from Guinea reached 127.43 million tons, up 38.37%. Guinea is no longer a marginal supplier. It is a core variable in China’s aluminum raw-material security. For ordinary aluminum producers, that dependence is a risk. For Hongqiao, with long-term mine access and logistics infrastructure, it is a moat. Huachuang Securities offered another angle in an April 3 report. China Hongqiao’s 2025 revenue rose 4.0% to 162.35 billion yuan, while net profit attributable to shareholders increased 1.2% to a record 22.64 billion yuan. Sales of aluminum alloy products reached 5.824 million tons, with the gross margin rising to 28.5%. Its debt-to-asset ratio fell to 42.25% from 48.24%. Huachuang set a HK$44 target price and maintained its “recommended” rating, while raising its 2026-2028 net profit forecasts to 32.15 billion yuan, 34.97 billion yuan and 38.29 billion yuan. Shareholder returns add another layer of support. Shenwan Hongyuan said in an April 2 report that China Hongqiao proposed a 2025 final dividend of HK$1.65 per share, implying a payout ratio of about 65.4%. During the year, the company spent HK$5.58 billion buying back 306 million shares, all of which were canceled. The broker maintained an “accumulate” rating and forecast net profit of 32.2 billion yuan, 34.4 billion yuan and 37.8 billion yuan for 2026-2028. Foreign brokers have also been constructive. According to an AASTOCKS summary, HSBC Research said Hongqiao’s 2025 results were solid, though slightly below expectations, and maintained a “buy” rating with a HK$41 target price. HSBC said aluminum looked more resilient than copper and gold within its coverage universe amid macro uncertainty. It also noted that Hongqiao was trading at about 7.7 times estimated 2026 earnings, with a dividend yield of roughly 9%, making the valuation attractive. That is the underlying reason Hongqiao is hard to push lower. In the short term, the stock will still move with Hong Kong market sentiment, capital flows and commodity-price volatility. But as long as aluminum’s price floor does not collapse, and as long as Guinea bauxite and overseas smelter disruptions remain live issues, the market will find it difficult to ignore Hongqiao’s earnings leverage, resource position and cash returns. Put more directly: aluminum prices give Hongqiao earnings upside; bauxite resources give it a valuation premium; dividends and buybacks give the stock a cushion. Cyclical stocks are most vulnerable when the pricing logic breaks. Hongqiao’s support now comes from more than aluminum prices. It comes from ore access, alumina self-sufficiency, its position on the cost curve and shareholder returns. As long as aluminum remains in demand, and as long as global supply chains continue to price in risks from energy, shipping and resource policy, every sentiment-driven pullback in Hongqiao looks less like the start of a reversal and more like another chance to buy. 27/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 27/04/2026 / 14:42 UTC+8 A natural-language tool that enables businesses to integrate payment functions with a single prompt, accelerating digital adoption and AI deployment Macau - 27 Apr 2026 - Macau Pass has launched its self-developed AI-powered payment integration tool, the AI Payment Assistant, and is making it available to local merchants, developers and ecosystem partners. The tool enables users to complete payment integration through natural-language prompts, reducing technical barriers and shortening development cycles for commercial applications. The launch comes as payments evolve from basic interface functions into core infrastructure supporting AI-powered services. Macau Pass, one of Macao’s leading fintech platforms, has built its business around local payments and digital lifestyle services. Its MPay app has become one of the city’s main mobile payment tools and is widely used by merchants and residents in everyday transactions. Building on this foundation, Macau Pass is further integrating payment capabilities with AI technology, enabling payments to move beyond simple connectivity toward AI-driven execution and become a key building block for the next generation of digital commerce. Traditional payment integration typically requires manual coding and technical coordination, resulting in long development cycles and high costs. With the new AI payment tool, developers can simply enter a request in natural language. For example, they can ask to build an application with ordering and payment functions, and the system will automatically generate the relevant code and integration logic. This significantly improves development efficiency and enables more merchants and developers to accelerate their digital transformation with lower barriers. The tool supports major local payment methods including Simple Pay，MPay, Alipay and WeChat Pay, and is also compatible with multiple cross-border e-wallets. It helps move AI beyond conversation into executable business capabilities, while also supporting Macao’s diverse payment needs as an international tourism hub and a key city in the Greater Bay Area. Macau Pass said as AI becomes an increasingly important driver of business efficiency, the company aims to standardize and make payment functions more intelligent. This ensures AI does not remain confined to the technical layer but can more effectively support merchant operations and industry development, while injecting fresh momentum into the local digital economy. Zhao Hao, Chief Technology Officer of Macau Pass, said: “In the AI era, payments are no longer just a tool for completing transactions, but core infrastructure that powers business operations and innovation. Through AI technology, Macau Pass aims to lower the barriers to innovation for merchants and developers, enabling more applications to move from idea to deployment more quickly, and enhancing overall business efficiency and industry vitality.” Looking ahead, Macau Pass will continue integrating AI, payments and local lifestyle services to build a more efficient and intelligent digital commerce ecosystem. The company aims to enhance digital experiences for Macao residents, create a more efficient operating environment for merchants, and support the city’s smart-city development and broader economic diversification. Public Relations, Macau Pass Group Holdings Ltd.MayEmail: myt455242@alibaba-inc.com 27/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 27/04/2026 / 10:50 UTC+8 Hong Kong - April 27, 2026 - (SeaPRwire) - As one of the most economically dynamic regions in the world, the linkage between Asia's core business hubs is becoming increasingly close. To adapt to this trend and help multinational enterprises achieve highly efficient cross-regional PR synergy, SeaPRwire (https://seaprwire.com) announced today that it has officially completed a comprehensive strategic upgrade of its "one-stop" PR communication links across Japan, South Korea, Hong Kong, and Singapore. Japan, South Korea, Hong Kong, and Singapore, as Asia's four major economic and financial engines, each possess unique media ecosystems and business cultures, yet they are simultaneously the preferred choices for many multinational enterprises setting up Asia-Pacific headquarters. In the past, when enterprises conducted PR placements in these regions, they often had to interface with different local agencies, which not only incurred high communication costs but also made it difficult to guarantee brand tonality consistency. The core of SeaPRwire's upgrade this time is to break down geographical barriers and integrate top-tier media resources from these four regions in a modular, one-stop manner. Through the upgraded full-featured workbench, corporate PR teams only need to use a single background to simultaneously assign and monitor news distribution tasks in these four countries and regions. Based on the communication goals set by the enterprise, the AI system automatically coordinates the distribution rhythm of media across the four regions. Whether releasing strategies in Singapore, synchronizing with capital markets in Hong Kong, or conducting localized product promotions in Japan and South Korea, millisecond-level cross-border synergy and voice resonance can be achieved. "Business competition in Asia has long ceased to be a solo fight; it is a contest of regional synergy," emphasized SeaPRwire's VP of Product. "By opening up the links across Japan, South Korea, Hong Kong, and Singapore, we aim to provide enterprises with a 'PR highway network' covering Asia's core economic circles. Enterprises can easily leverage the attention of mainstream media across the entirety of Asia as simply as distributing drafts locally." About SeaPRwire SeaPRwire is Asia’s leading AI-driven earned media management platform, purpose-built to empower PR and communications professionals. Through its flagship Branding-Insight Program, the platform connects clients to over 80,000 journalists and an influencer matrix reaching 300 million followers. Leveraging advanced AI, SeaPRwire helps users identify media targets, personalize pitches, and measure PR impact across key APAC markets, including Japan, China, Korea, and Southeast Asia. Media Contact Company: SeaPRwire Contact: Media Relations Team Email: cs@seaprwire.com Website: https://seaprwire.com 27/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 2026-04-27 / 10:50 UTC+8 Hong Kong - 2026年4月27日 - (SeaPRwire) - 亞洲作為全球最具經濟活力的地區之一，其核心商業樞紐之間的聯動日益緊密。為了順應這一趨勢，幫助跨國企業實現跨區域的高效公關協同，SeaPRwire (https://seaprwire.com)於今日宣佈，正式完成對日本、韓國、香港和新加坡四地“一站式”公關傳播鏈路的全面戰略升級。 日、韓、港、新作為亞洲四大經濟與金融引擎，各自擁有獨特的媒體生態和商業文化，但同時又是眾多跨國企業設立亞太總部的首選之地。過去，企業在這些地區進行公關投放，往往需要對接不同的本土代理商，不僅溝通成本高昂，且難以保證品牌調性的一致性。SeaPRwire 此次升級的核心，就是打破地域壁壘，將四地的頂級媒體資源進行模組化、一站式整合。 通過升級後的全功能工作臺，企業公關團隊只需在一個後臺，即可同時指派並監控在這四個國家和地區的新聞發佈任務。AI 系統會根據企業設定的傳播目標，自動協調四地媒體的發佈節奏，無論是在新加坡發佈戰略、在香港同步資本市場、還是在日韓進行本地化產品推廣，都能實現毫秒級的跨國協同和聲量共振。 “亞洲的商業競爭早已不是單打獨鬥，而是區域協同的較量，”SeaPRwire 的產品副總裁強調，“我們把日韓港新四地的鏈路打通，就是為了給企業提供一張覆蓋亞洲核心經濟圈的‘公關高速公路網’。企業可以像在本地發稿一樣簡單，輕鬆撬動整個亞洲主流媒體的關注。” 關於SeaPRwire SeaPRwire 是亞洲領先的 AI 驅動型贏取媒體（Earned Media）傳播管理平臺，專為公關及傳播專業人士打造。通過其旗艦專案 Branding-Insight，平臺無縫連接超過 8 萬名記者、編輯，以及坐擁 3 億粉絲的 KOL 矩陣。借助先進的 AI 技術，SeaPRwire 幫助用戶精准鎖定媒體目標、定制個性化推介，並全面衡量亞太核心市場（包括日、韓、中及東南亞）的公關傳播效果。 媒體聯絡 公司: SeaPRwire 聯絡: Media team 郵箱: cs@seaprwire.com 網站: https://seaprwire.com 2026-04-27 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php

EQS via SeaPRwire.com / 27/04/2026 / 09:00 UTC+8 The open-sourcing of DeepSeek V4 is triggering renewed market attention toward the large language model (LLM) value chain. Industry consensus holds that as open-source models continue to improve in capability and inference barriers keep falling, enterprise-grade AI application deployment is entering a phase of broad-based acceleration. Token consumption across scenarios including intelligent customer service, agent collaboration, knowledge base Q&A, and business process automation is poised to enter a new cycle of explosive growth.Market observers note that in this phase of accelerated LLM adoption, the primary beneficiaries are not limited to foundational model providers alone. AI application infrastructure companies capable of handling high-frequency enterprise-level calls, accumulating vertical domain data, and generating sustained subscription revenues also command significant revaluation potential.Xunce Technology stands as a paradigmatic example of this investment thesis. With over a decade of deep cultivation in high-barrier industries, the company has built end-to-end capabilities spanning data acquisition, cleansing, standardization, real-time computation, and model fine-tuning—refining raw, heterogeneous, non-standardized data into vertical tokens that LLMs can directly and efficiently consume. This capability stack is not only technically demanding but also critically dependent on the continuous accumulation of long-term industry know-how. Having become deeply embedded in core enterprise business workflows, it remains difficult to replicate.From the latest performance metrics, the company's operational improvements are beginning to manifest in financial results. Xunce's 2025 results show AI revenue growing 105% year-over-year, inaugurating a second growth curve. In April 2026, Annual Recurring Revenue (ARR) related to token calls surged 300% quarter-over-quarter. Token-based paid revenue has already broken through 5% of total revenue, with a full-year target of lifting this to 20%–30%.Beyond revenue growth, the company's penetration across customer scenarios continues to deepen. Public disclosures indicate its services now span more than ten industries, including asset management, telecommunications, power, energy, robotics training platforms, commercial aerospace, and biotech. Market analysis suggests this diversified customer structure reflects deep integration with business workflows and real-time data processing demands, conferring stronger customer stickiness and commercialization certainty.More importantly, the impact of DeepSeek V4 is being reassessed. The core implication of open-source model iteration is not simple value compression across the industry, but rather increased model supply, reduced barriers to application development, and the embedding of AI into daily business operations for a growing number of enterprises. As model capabilities become universally accessible, enterprise focus is shifting from "whether we have a model" to "whether we have scenarios, whether we have data, whether we have stable access points."From this perspective, Xunce's investment logic is undergoing a fundamental transition.The market previously tended to categorize the company as a "LLM concept extension," leaving it vulnerable to sentiment volatility around foundation model competition, price wars, and open-source disruption. Yet as DeepSeek V4 drives further model proliferation, the enterprise-level inference calls, knowledge queries, customer service interactions, and agent execution demands that Xunce captures are instead seeing substantial volume expansion.In other words, the richer the model supply, the easier it becomes for enterprises to deploy AI; the more applications are deployed, the higher the value of vertical-domain calls. It is understood that Xunce's vertical token pricing has reached $10–$100 per million tokens—more than ten times that of Anthropic—and continues to rise based on specialized use cases.If the company continues to deliver positive signals on ARR and AI commercialization conversion rates, the market's valuation anchor for Xunce could shift from "model mapping" to "enterprise-grade AI application infrastructure."Overall, DeepSeek V4's open-source release represents not a simplistic model substitution narrative, but a systemic opportunity characterized by accelerated enterprise AI adoption, expanding token demand, and enhanced value in vertical scenarios.With AI revenue maintaining high growth, customer structures continuing to diversify, and application scenarios deepening, Xunce Technology is increasingly viewed as one of the most direct beneficiaries of enterprise-grade token demand growth in this wave of industry upgrading driven by open-source models. 27/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 2026-04-23 / 18:48 UTC+8 【即時發佈】 2026年4月23日 葉氏化工宣佈旗下塗料業務越南新廠房正式開業 把握工業塗料強勁增長勢頭，打造高端塑膠塗料生產基地，深化東南亞供應鏈佈局 （2026年4月23日 – 香港） 葉氏化工集團有限公司 (港股代號: 00408) (「葉氏化工」或「公司」，連同其附屬公司統稱「集團」) 欣然宣佈，旗下塗料業務位於越南的「恒昌（越南）新材料有限公司」（CÔNG TY TNHH VẬT LIỆU CAO CẤP HANG CHEUNG (VIỆT NAM)）(「恒昌越南」) 新廠房已於2026年4月22日正式開業。 此舉標誌著集團在拓展東南亞市場及完善全球供應鏈佈局上邁出關鍵一步，進一步鞏固集團出海的戰略部署，提升對東南亞及海外客戶的在地服務能力。 葉氏化工宣佈旗下塗料業務越南新廠房正式開業 立足海防核心樞紐 強化東南亞市場佈局 恒昌越南新廠房位於越南海防市丁武吉海經濟區，佔地面積逾7,200平方米，年產能約3,000噸，設有精密配色體系、嚴格品質管控機制及具全球認證的專業檢測實驗室。 新廠房投產後，將主要服務東南亞高端塑膠塗料客戶，依托恒昌越南本地技術團隊及塗料業務國內專業團隊的強大支持，能顯著提升供應鏈的效能，並靈活應對東南亞市場日益增長的需求。隨著全球供應鏈的重塑，東南亞已成為眾多工業客戶的生產重心。新廠房的落成，不僅有力支撐集團「立足中國、放眼東盟」的長遠發展目標，也將進一步鞏固塗料業務在高端塑膠塗料領域的領導地位。 恒昌越南於2026年4月22日在新廠房舉辦盛大的開業慶典，當日邀請了集團主席葉志成先生、集團行政總裁葉鈞先生、集團旗下紫荊花新材料集團總裁陳傳生先生及一眾塗料業務的管理層、員工及合作伙伴出席典禮。 葉氏化工宣佈旗下塗料業務越南新廠房正式開業 集團行政總裁葉鈞先生致辭表示：「在當前全球經濟環境多變、挑戰重重的背景下，我們選擇在越南紮根，因為我們深信這裡具備潛力與韌性。 這不僅是生產基地的擴張，更是我們戰略藍圖中的一個重要里程碑。 我們將以此為起點，將葉氏化工的專業技術與服務更直接地帶到東南亞市場。 展望未來，這座工廠將成為我們塑膠塗料發展的核心引擎。我們將繼續發揮集團在化工領域的研發優勢，致力於為玩具、電子及各類消費品提供高品質、環保的塗料解決方案。透過在地化生產，我們能更快速地回應客戶需求，在變幻莫測的市場中，精準捕捉機遇，創造新的業務增長點。」 紫荊花新材料集團總裁陳傳生先生致辭表示：「這不僅是公司出海征程中一座里程碑式的豐碑，更承載著我們深耕海外市場、將業務做大做強的堅定夢想，彰顯了我們始終貼近客戶、用心服務客戶的初心使命，也體現我們公司在面對複雜多變的市場環境時，敢於探索、勇於突破的企業家精神。越南工廠僅用一年便完成從構想到落成的突破，這一成果得益于各方的緊密合作。未來，越南工廠的市場開拓、高效運營與本土化深耕，需要前線與後勤的每一位同事凝心聚力、並肩作戰。希望大家始終秉持初心、同心同德，直面挑戰、搶抓機遇，一起把越南工廠打造成公司海外業務的標杆，共同書寫公司出海發展的精彩答卷！」 葉氏化工宣佈旗下塗料業務越南新廠房正式開業 乘工業塗料增長勢頭加快發展步伐 根據葉氏化工早前公佈的2025年全年業績，集團塗料業務在逆市中憑藉優化產品組合展現強勁韌性，塗料板塊毛利率上升3.6個百分點至29.8%，分類利潤更大增623%至5,220萬港元，當中工業塗料表現亮眼。 恒昌越南新廠房順利於2026年第二季投產，正是集團落實業績展望、把握工業塗料增長勢頭，並聚焦資源推動業務發展的重要布局。 展望未來，葉氏化工將繼續致力打造「精美的化工企業發展平台」。 越南塗料廠房的正式營運將直接提升集團在東南亞市場的競爭力，同時強化中國總部的全球營運效能。集團亦將積極尋找具技術含量的戰略性投資及併購機會，以加快發展步伐，為股東及持份者創造更穩健及長遠的價值。 — 完 — 有關葉氏化工集團有限公司 （於開曼群島註冊成立之有限公司） 葉氏化工創立於1971年並於1991年在香港聯合交易所主板上市（股份代號：00408)。專注於化工行業逾半世紀，集團的願景是成為「精美的化工企業發展平台」，憑藉旗下企業超前的環保產品與技術、專業的服務以及高美譽度的品牌，不斷為人民生活添加活力。 集團的核心業務涵蓋油墨、工業及建築塗料、特殊樹脂、潤滑油及化學氣體回收與治理業務，已在中國精細化工及環境治理領域奠定領先地位。旗下「洋紫荊」油墨是中國最大油墨製造商；「恆昌」塗料在中國高端塑膠塗料市場處於領先地位；紫荊花新材料集團亦同時營運「紫荊花」、「駱駝漆」及「大昌樹脂」等知名品牌；「力士」及「博高」潤滑油亦位處市場前列；「信諾海博」為中國領先的化學氣體回收及治理企業。 葉氏化工同時為全球最大醋酸酯溶劑企業「謙信化工」的核心投資者。 葉氏化工依托穩健的股東架構、覆蓋全國的生產與營銷網絡，以及多元而強大的業務組合，長期深耕中國市場，累積穩固的產業資源與營運基礎。集團將持續推動綠色創新化工業務，並加速構建更具規模與穩健的平台。 如欲瞭解更多，請到訪： www.yipschemical.com 傳媒及投資者垂詢 葉氏化工集團有限公司蘇麗穎小姐 電話：(852) 2675 2385 電郵：wing.so@yipschemical.com 傳真：(852) 2675 2345 金通策略有限公司 施謐修小姐 電話：(852) 2854 8711 電郵：michelleshi@dlkadvisory.com 梅穎珊小姐 電話：(852) 2854 8727 電郵：kathleenmui@dlkadvisory.com 文件: 408_Vietnam Plant_Press Release_TC_20260423_FINAL 2026-04-23 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php

EQS via SeaPRwire.com / 23/04/2026 / 18:48 UTC+8 【FOR IMMEDIATE RELEASE】 23 April 2026 Yip’s Chemical Announces Official Opening of New Plant for its Coatings Business in Vietnam Seizing the strong growth momentum of industrial coatings, building a high-end plastic coatings production base, and deepening the Southeast Asian supply chain layout （Hong Kong, 23 April 2026）Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) is pleased to announce that the new plant of its coatings business in Vietnam, "Hang Cheung (Vietnam) Advanced Materials Company Limited"（CÔNG TY TNHH VẬT LIỆU CAO CẤP HANG CHEUNG (VIỆT NAM)）("Hang Cheung Vietnam"), officially opened on 22 April, 2026. This move marks a critical step for the Group in expanding into the Southeast Asian market and optimising its global supply chain layout. It further consolidates the Group's strategic initiatives for overseas expansion and strengthens its localised service capabilities for Southeast Asian and overseas customers. Yip’s Chemical Announces Official Opening of New Plant for its Coatings Business in Vietnam Establishing a Foothold in the Core Hub of Haiphong to Strengthen Southeast Asian Market Layout The new Hang Cheung Vietnam plant is located in the Dinh Vu-Cat Hai Economic Zone in Haiphong City, Vietnam, covering an area of over 7,200 square meters with an annual production capacity of approximately 3,000 metric tonnes. It is equipped with a precise color matching system, rigorous quality control mechanisms, and a globally certified professional testing laboratory. Upon commencing production, the new plant will primarily serve high-end plastic coatings customers in Southeast Asia. Relying on the strong support of Hang Cheung Vietnam's local technical team and the domestic professional team of the coatings business, it will significantly improve supply chain efficiency and flexibly respond to the growing demand in the Southeast Asian market. With the reshaping of the global supply chain, Southeast Asia has become the production center for many industrial customers. The completion of the new plant not only strongly supports the Group's long-term development goal of "basing in China, looking to ASEAN", but will also further consolidate the coatings business's leading position in the high-end plastic coatings sector. Hang Cheung Vietnam held a grand opening ceremony at the new plant on April 22, 2026. Guests invited to attend the ceremony included Mr. Ip Chi Shing, Tony, Chairman of Yip’s Chemical; Mr. Ip Kwan, Francis, Chief Executive Officer of Yip’s Chemical; Mr. Chan Chuen Sang, Raymond, President of Bauhinia Advanced Materials Group, a subsidiary of the Group; along with management, employees, and business partners of the coatings business. Yip’s Chemical Announces Official Opening of New Plant for its Coatings Business in Vietnam Mr. Ip Kwan, Francis, Chief Executive Officer of Yip’s Chemical, remarked in a speech: "In the context of the current volatile and challenging global economic environment, we chose to take root in Vietnam because we firmly believe in its potential and resilience. This is not just an expansion of our production base, but an important milestone in our strategic blueprint. We will use this as a starting point to bring Yip's Chemical’s professional technology and services more directly to the Southeast Asian market. Looking ahead, this plant will become the core engine for our plastic coatings development. We will continue to leverage the Group's R&D advantages in the chemical sector, dedicating ourselves to providing high-quality, eco-friendly coating solutions for toys, electronics and various consumer goods. Through localised production, we can respond to customer needs more quickly and accurately capture opportunities in a highly unpredictable market, creating new business growth points." Mr. Chan Chuen Sang, Raymond, President of Bauhinia Advanced Materials Group, stated in a speech: "This is not only a milestone monument in the Company's overseas journey, but it also carries our steadfast dream of deepening our roots in overseas markets and making our business bigger and stronger. It highlights our original mission to always stay close to our customers and serve them with dedication, and reflects our company's entrepreneurial spirit of daring to explore and make breakthroughs in the face of a complex and ever-changing market environment. The Vietnam plant achieved the breakthrough from conception to completion in just one year, a result that stems from the close cooperation of all parties. In the future, the market expansion, efficient operation, and localisation of the Vietnam plant will require the unity and concerted efforts of every colleague on the frontlines and in the back office. I hope everyone will always uphold our original intentions, work together with one heart and mind, face challenges head-on, seize opportunities, and together build the Vietnam plant into a benchmark for the Company's overseas business, jointly writing a wonderful answer sheet for the Company's overseas development!" Yip’s Chemical Announces Official Opening of New Plant for its Coatings Business in Vietnam Accelerating the Pace of Development by Riding the Growth Momentum of Industrial Coatings According to the 2025 annual results previously announced by Yip's Chemical, the Group's coatings business demonstrated strong resilience in a challenging market through product portfolio optimisation. The gross profit margin of the coatings segment increased by 3.6 percentage points to 29.8%, and the segment profit surged by 623% to HKD 52.2 million, with industrial coatings performing exceptionally well. The successful commencement of production at the new Hang Cheung Vietnam plant in the second quarter of 2026 is an important layout for the Group to realise its performance outlook, seize the growth momentum of industrial coatings, and focus resources on driving business development. Looking ahead, Yip's Chemical will continue to be committed to building "a leading development platform for chemical businesses". The official operation of the Vietnam coatings plant will directly enhance the Group's competitiveness in the Southeast Asian market while strengthening the global operational efficiency of its Chinese headquarters. The Group will also actively seek strategic investment and merger and acquisition opportunities with technological content to accelerate its pace of development, creating more robust and long-term value for shareholders and stakeholders. — End — About Yip’s Chemical Holdings Limited (Incorporated in the Cayman Islands with limited liability) Founded in 1971 and listed on the Main Board of Hong Kong Stock Exchange (SEHK: 00408) since 1991, Yip’s Chemical has been dedicated to the chemical industry for more than half a century. The Group’s long-term vision is to become “a leading development platform for chemical businesses” driven by green, innovative technology, professional services and highly respected brands that enrich people’s lives. The Group’s core businesses include inks, industrial and architectural coatings, specialty resins, lubricants and chemical vapour recovery and treatment. The core businesses have established leading positions in China in their respective sectors. “Bauhinia Variegata” is the largest inks manufacturer in China; “Hang Cheung” coatings holds a leading position in China’s high-end plastic coatings segment; Bauhinia Advanced Materials Group also operates well-known brands including “Bauhinia” and “Camel” paints as well as “Da Chang” polymers; “Hercules” and “Pacoil” lubricants rank among the market leaders; “Sino-Hypro” is recognised as a leading enterprise in chemical vapour recovery and treatment in China. The Group is also a core investor in “Handsome Chemical”, the world’s largest acetate solvents producer. Leveraging its stable shareholder structure, extensive nationwide manufacturing and sales network, and a dynamic portfolio of strong businesses, the Group has built a robust foundation in the domestic chemical industry. Going forward, the Group will drive sustainable innovation in chemical operations and accelerate the development of a more scalable and resilient platform. Learn more about Yip’s Chemical on: www.yipschemical.com Media and Investor Enquiries Yip’s Chemical Holdings LimitedMs. Wing So Tel：(852) 2675 2385 Email：wing.so@yipschemical.com Fax ：(852) 2675 2345 DLK Advisory Limited Ms. Michelle Shi Tel: (852) 2854 8711 Email: michelleshi@dlkadvisory.com Ms. Kathleen Mui Tel: (852) 2854 8727 Email: kathleenmui@dlkadvisory.com File: 408_Vietnam Plant Opening_Press Release_EN_20260423 FINAL 23/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 2026-04-23 / 15:40 UTC+8 政府公報、租金數據與第三方排名，揭示了柔佛這個超級項目的真實面貌 曾幾何時，「鬼城」這個標籤被牢牢貼在馬來西亞森林城市身上。 但如今，這一說法事實上已經過時。以下是最新數據所揭示的情況。 在東南亞房地產界，很少有標籤像「鬼城」這樣，既根深蒂固，又充滿爭議。 這個投資千億美元的巨型項目，坐落在馬來西亞柔佛州的土地上。 從BBC到YouTube上的熱門紀錄片，國際媒體曾反覆播放空曠的林蔭大道和空置大樓的畫面，讓這個標籤多年來揮之不去。 但情況已經發生了實質性的變化。2024年，馬來西亞政府正式設立森林城市特別金融區（SFZ），並將其納入更大範圍的柔佛-新加坡經濟特區（JSSEZ）框架。 此後，關鍵指標開始顯著轉向。 商務工作及機遇正紛紛入局。目前，森林城市已有近兩萬名居民。森林城市高爾夫度假村的「經典球場」已連續七年（2020-2026）入選「亞洲百佳高爾夫球場」，而由高爾夫傳奇人物傑克·尼克勞斯與其子設計的「傳奇球場」，則在「2024-2025亞太百佳高爾夫球場」榜單中位列第49名。 此外，涵蓋海灘走廊、紅樹林生態遊、海釣、合法執照的煙花攤點等新型配套設施，正吸引著日益擴大的遊客群體。 早期報導捕捉了那個特定時刻的畫面。但如今的數據、實地觀察與獨立排名，呈現的是一幅持續活躍的圖景。 本文將追溯「鬼城」標籤的由來，分析哪些方面已經改變，並用數據還原森林城市的真實狀況。 「鬼城」標籤從何而來？ 這個標籤並非憑空出現。 它反映了森林城市在特定發展階段的真實狀況——政策調整、疫情衝擊、國際媒體報導的時機，共同塑造了那個形象。 2014年至2018年： 森林城市項目啟動，初期面向中國大陸買家，並進行大規模跨境行銷。 建設尚處於早期階段，住宅大樓和核心配套設施分期投入使用。 2018年至2020年： 時任總理馬哈蒂爾·穆罕默德收緊外國人購房政策，導致中國需求降溫，原有的銷售節奏受到影響。 2020年至2022年： 新冠疫情導致的邊境關閉，切斷了主要買家和遊客來源。 入住率偏低，但建設仍在繼續，國際媒體正是藉助這個「空窗期」拍攝了大量特定畫面。 2023年至2024年： 總理安瓦爾·易卜拉欣將森林城市作為國家金融特區戰略的一部分予以支援，並與柔佛—新加坡經濟特區掛鉤。 政策正式推動從以住宅為主的項目轉型為綜合功能區，向金融服務、家族辦公室提供服務，和激勵專業人才。 這是一個真正的轉捩點。 那麼，如果拋開2020年的舊影像，用當下的數據來看，森林城市究竟是什麼樣子？ 森林城市現在怎麼樣？ 截至2026年，森林城市已發展為一個活躍、有充分入住率的社區，居民與遊客數據可查可核。 項目已建成2.6萬套住宅單位，約80%已售出，吸引了來自20多個國家的近兩萬名居民。 商務活動已經擴大，金融中心內有一個3萬平方米的購物中心，加上海岸邊的漁人碼頭商業街，已有超過100家零售店鋪在運營。 沿著4公里長的開發海岸線，日常遊客來這裡參觀紅樹林生態旅遊和海釣活動。 高爾夫仍然是一個核心亮點，近年來越來越多的高爾夫球手專程到訪森林城市備受讚譽的球場。 馬來西亞森林城市現狀。 住宅大樓已全面投入運營，直線距離新加坡僅2公里，居住著來自20多個國家的超過15,000名居民。 2024-2026年的關鍵活動指標顯示，實際情況與2018-2022年期間的媒體報導已截然不同： 指標 2020-2022年（媒體報導期間） 2024-2026年（當前） 居民數量 建設期間入住率低 來自20多個國家約20,000人 辦公室租金 1.50令吉/平方英尺 5.50令吉/平方英尺 （+267%） 辦公入駐率 — 59%（已推出50,000平方英尺） 旅遊設施 未運營 高爾夫度假村、酒店、紅樹林旅遊、海釣、4公里海岸線、8公里騎行道、婚禮場地、水上樂園、購物中心、商業街等 國際學校 — 國際學校（屬於CATS全球學校網路），提供從幼稚園到高中的教育 遊客到訪量 接近零（疫情封鎖） 每年超過300萬人次 這個曾經被貼上「鬼城」標籤的項目，如今已向馬來西亞政府累計繳稅超過7.9億令吉，為企業社會責任項目投入5300萬令吉，與190多家本地企業建立合作，併為紅樹林、海草保護等環境項目投入超過1.4億令吉。 發生了什麼變化了？ 特別金融區的效應 2024年，馬來西亞政府將森林城市指定為柔佛-新加坡經濟特區內的金融特區，使該項目從開發商主導的住宅項目，轉變為一個政府錨定、有雙邊背書的經濟戰略。 該指定明確了一系列激勵措施： 符合條件的家族辦公室投資收入，首10年享受0%稅率，符合條件可再延長10年。 金融、科技及其他特定行業的合格機構，可享受20年5%的企業稅率。 知識型工作者可享受15%的個人所得稅率。 家族辦公室的最低管理資產規模（AUM）為3,000萬令吉。 這些政策改變了行為模式。目前已有六個家族辦公室獲得批准，報告的資產管理規模合計達4億令吉。政府為金融特區設定的目標是，到2026年底資產管理規模達到20億令吉。 寫字樓租賃隨之活躍，租金要價從每平方英尺1.50令吉上漲至5.50令吉，漲幅達267%，首批5萬平方英尺的商業空間入駐率已達到59%。 這些數位表明的是市場驅動的定價，而非促銷性的定位。 雙邊層面的意義同樣不可忽視。 新加坡對柔佛-新加坡特別經濟區框架的正式認可，將政策信譽延伸至馬來西亞國內政治週期之外， 使森林城市成為一個處於估值正常化初期的跨境資產。 對於習慣於評估主權風險的投資者而言，兩國政府的聯合承諾代表著重要的去風險信號。 如今誰住在森林城市？ 截至2026年的人口統計數據顯示，居民結構比項目早期聚焦中國市場的行銷所呈現的要更加多元化。 超過15,000名來自20多個國家的居民如今以森林城市為家，使其成為一個國際化社區，而非單一市場的聚居區。 日常生活基礎設施已經成熟，能夠支撐穩定的居住生活。 零售和餐飲門店已配備齊全，可滿足居民和遊客的日常需求，涵蓋從日用品、餐飲到醫療服務和傢俱等各個方面。 對大多數居民而言，晚上已無需再驅車25分鐘前往新山市中心商業區。 教育也成為吸引家庭落戶的主要因素。 森林城市國際學校成立於2018年，是CATS全球學校網路在馬來西亞的旗艦校區，一所著名的美式K12寄宿學校，提供從幼稚園到高中的教育。 超過一半的教學人員從海外招聘，均擁有五年以上教學經驗，其中60%擁有碩士或博士學位。森林城市國際學校2025屆畢業生取得優異成績，獲得包括倫敦大學學院（UCL）、南洋理工大學（NTU）、香港大學（HKU）、多倫多大學（U of T）、英屬哥倫比亞大學（UBC）、首爾大學（SNU）、高麗大學（KU）、延世大學（YU）、東京大學（UTokyo）、倫敦藝術大學（UAL）、薩凡納藝術與設計學院（SCAD）等17所名校的錄取。這指標反映的是教育成果，而不僅僅是招生宣傳。 這座城市的活力也體現在定期的節慶、運動會和多元文化聚會中，這些活動同時服務於外籍人士和馬來西亞本地家庭。 在CNA Insider的一期森林城市專題視頻中，受訪者尼扎姆指出：「以前關於森林城市有很多負面評價，我想現在人們知道了，他們親眼看到了實際情況是怎樣的。 這裡非常熱鬧。 」 這些變化大多是在金融特區落地後發生的，特區政策把人口增長，逐漸轉化成了更穩定、更有凝聚力的社區生活。 森林城市海濱的一場社區活動。 該處每年舉辦超過100場國際活動和賽事，包括定於2026年10月舉行的馬來西亞挑戰賽鐵人三項。 在森林城市到底有什麼做？ 除了政策機制，森林城市現已建成並運營完善的旅遊休閒基礎設施。 目前已投入運營的設施和活動包括： 高爾夫度假村：「經典球場」連續七年（2020-2026）位列「亞洲百佳高爾夫球場」榜單; 由高爾夫傳奇人物傑克·尼克勞斯及其子傑克·尼克勞斯二世設計的「傳承球場」，在中國最大高爾夫平台「雲高」評選的「2024-2025亞太百佳高爾夫球場」榜單中位列第49名。 酒店：森林城市濱海酒店和森林城市高爾夫酒店，兩家五星級酒店，提供完善的度假設施，適合短期和長期入住，滿足休閒旅遊和與商務差旅需求。 紅樹林生態遊： 在毗鄰的286萬平方米綠色走廊內，可由註冊的遊船公司提供導覽服務，帶領紅樹林遊覽。 該生態系統棲息並記錄著超過400種動植物。 海濱及近海區域提供休閒海釣活動。 海釣：沿海和近海均可進行休閒海釣，適合熱愛海洋、尋求刺激和深海探險的遊客。 提供靈活的雙人或四人套餐，部分含餐。 海岸線：約4公里長的已開發海灘，包括公共步道、海濱長廊和休閒設施，以及專門的婚禮場地。 毗鄰新加坡：森林城市距離新加坡直線距離約2公里，駕車前往新加坡中央商務區（CBD）約40分鐘，方便從新加坡出發的一日遊或週末短途旅行。 活動日程： 每年舉辦超過100場涵蓋高爾夫、休閒和文化類別的國際活動和賽事。 馬來西亞挑戰賽鐵人三項定於2026年10月舉行，為日益豐富的頂級賽事陣容再添活力。 對遊客而言，最直觀的變化是可以真正走進這片自然環境。 森林城市保留了286萬平方米的綠地，記錄有超過400種動植物。 此外，森林城市在城市規劃、可持續發展和酒店服務方面榮獲40多項國際獎項，其眾多建築已獲得LEED認證。 這些優勢為遊客打造了切實可行的遊覽路線。 森林城市高爾夫度假村。 經典球場連續七年（2020-2026）入選亞洲百佳高爾夫球場; 由傑克·尼克勞斯設計的傳承球場在2024-2025亞太百佳中位列第49名。 度假村每年舉辦超過100場國際賽事。 馬來西亞政府為何如此重視森林城市項目？ 森林城市的發展軌跡體現了政策與企業之間日益顯著的契合，這種融合已將政治承諾轉化為立法頒布和實體基礎設施。 機構入駐傳遞出實地信號： 馬來西亞投資促進中心（IMFC）已在森林城市設立辦事處，十餘家政府機構在此辦公，這表明政府積極利用而非放棄該項目。 政府獲得的收益可量化： 已繳納超過7.9億令吉的稅款，創造了1萬個就業崗位，與超過190家本地企業建立了合作關係，投入5300萬令吉用於企業社會責任項目，並投入1.4億令吉用於環境保護工作。 這些數據表明，公私合作模式正在產生可審計的收益。 交通規劃與政策一致： 新山-新加坡快速交通系統（RTS）連接線計劃於2026年底完工。 吉隆坡-新加坡高速鐵路項目仍在持續推進中。 柔佛蘇丹提出的海上輕軌系統旨在緩解新柔長堤上長期存在的關卡擁堵問題。 結論 「鬼城」標籤捕捉的是2018年至2022年間的一個視窗期——當時建設佔據主導、邊境關閉、政策抑制了需求。 那個視窗期已經關閉。 對於遊客來說，一日遊和週末遊現在已是切實可行的選擇。 對於居民來說，宜居性可以根據現有的基礎設施來評估，而不必再被舊印象左右。 對於投資者而言，六個已獲批准的家族辦公室在已頒布的金融特區規則下營運，代表著該政策框架的早期驗證。 2026年的圖景已截然不同：一個已頒布立法的指定金融特區，機構租戶已經入駐，辦公空間正按市場價出租，近20,000名居民居住在26,000套已建成的住宅中，以及圍繞備受讚譽的高爾夫球場和4公里已開發海岸線建立的旅遊與活動生態系統。 數據已披露並記錄在案。 政府公報、第三方排名、稅收繳納數據、入駐率指標以及當前的實地情況，比當年媒體報導的建設階段畫面，更能全面展現現狀。 對於那些關注東南亞投資機會、尤其是聚焦柔佛—新加坡走廊的參與者來說，「鬼城」的歷史標籤與2026年的經濟現實之間，差距已經大到無法忽視。 當然，金融特區的基準數據和不斷上漲的租金回報率，提供了可靠的分析基礎; 但真正的盡職調查，仍然少不了一趟實地考察。 親眼看一看這座城市當前的運營狀況，是將過去的報導與特殊功能區切實的經濟發展勢頭進行對比的最佳途徑。 2026-04-23 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php

EQS via SeaPRwire.com / 23/04/2026 / 15:40 UTC+8 What government gazettes, rental figures, and third-party rankings reveal about the Johor mega-development in 2026 The “ghost city” label applied to Forest City Malaysia is factually outdated. Here is what the current data shows. Few labels in Southeast Asian real estate have proven as persistent—or as polarising—as the “ghost city” tag attached to Forest City, the US$100 billion mega-development rising from land in Johor, Malaysia. International media, from the BBC to viral YouTube documentaries, broadcast images of empty boulevards and unoccupied towers, cementing a narrative that has followed the project for years. Conditions have demonstrably shifted. Since the Malaysian government gazetted the Forest City Special Financial Zone (SFZ) in 2024, tying the development to the broader Johor-Singapore Special Economic Zone (JSSEZ), key metrics have shifted materially. Businesses have been moving in. The city now has close to 20,000 residents. Forest City Golf Resort’s “Classic Course” has ranked in the “Top 100 Golf Courses in Asia” for seven consecutive years (2020–2026), and the “Legacy Course,” designed by golf legend Jack Nicklaus and his son Jack Nicklaus II, ranked 49th in the “2024–2025 Asia-Pacific Top 100 Golf Courses” list. Moreover, new amenities spanning beach access, mangrove ecotours, sea fishing, and licensed firework stalls, are drawing a widening visitor base. Early coverage captured a moment. But current data, onsite observation, and independent rankings show sustained activity. This article traces how the “ghost city” label took hold, examines what has changed, and assesses what the data reveals about Forest City today. Where Did the “Ghost City” Label Come From? The label did not appear out of nowhere. It reflected real conditions at a particular point in Forest City’s project lifecycle, shaped by policy shifts, pandemic disruption, and the timing of international media coverage. 2014 to 2018: Forest City launched with a focus on Chinese mainland buyers and highly visible cross-border marketing. Construction was in its early phases, with residential towers and core amenities coming online in stages. 2018 to 2020: Then-Prime Minister Mahathir Mohamad tightened rules on foreign property purchases, cooling Chinese demand and affecting the original sales cadence. 2020 to 2022: COVID‑19 border closures cut off key buyer and visitor markets. Occupancy remained low while construction continued. International outlets filmed during this lull, capturing a large amount of specific footage. 2023 to 2024: Prime Minister Anwar Ibrahim backed Forest City as part of a national SFZ strategy tied to the JSSEZ. Policy measures formalised a strategic pivot from a primarily residential development toward a mixed-use hub for financial services, family offices, and incentives for skilled professionals. This marked the turning point. The question, then, is what Forest City looks like when assessed against current data rather than footage from 2020. How is Forest City now? As of 2026, Forest City functions as an active, occupied community with verifiable resident and visitor figures. The development comprises 26,000 completed units, around 80% sold, supporting close to 20,000 residents from over 20 nationalities. Commercial activity has expanded, with over 100 retail outlets in operation spread across a 30,000 m2 shopping mall in the Finance Centre and Fisherman Wharf Commercial Street on the coast. Daily footfall is visible along the 4 km developed coastline, where operators run mangrove eco-tours and sea fishing excursions. Golf remains a major draw, with a growing number of golfers visiting Forest City’s highly acclaimed courses in recent years. Forest City Malaysia today. The development's residential towers — home to more than 15,000 residents from over 20 nationalities — are fully operational, 2 km from Singapore by straight line. Key activity metrics from 2024–2026 indicate a materially different picture from media coverage from the 2018–2022 period: Metric 2020–2022 (Media Coverage Period) 2024–2026 (Current) Residents Low occupancy during construction Around 20,000 from 20+ countries Office rental rate RM1.50/sq ft RM5.50/sq ft (+267%) Office occupancy — 59% (50,000 sq ft launched) Tourism facilities Non-operational Golf resort, hotels, mangrove tours, sea fishing, 4 km coastline, 8 km cycling path, wedding venue, water park, shopping mall, commercial street, and more International schools — International school (in CAT Global Schools network) offering education from kindergarten to high school Tourist arrivals Near zero (COVID closures) Over 3 million tourists per year The development once labelled a “ghost town” now reports over RM790 million in cumulative tax contributions to the Malaysian government, contributed RM53 million to Corporate Social Responsibilities (CSR) programmes, formed partnerships with more than 190 local enterprises, and directed over RM140 million to environmental initiatives such as mangrove and seagrass conservation. What Changed? The Special Financial Zone Effect In 2024, the Malaysian government designated Forest City as a SFZ within the JSSEZ, shifting the project from a developer-led residential project to a government-anchored economic strategy with bilateral backing. The designation set out clear incentives: 0% tax on qualifying family office investment income for an initial 10-year period, extendable by a further 10 years for eligible entities. 5% corporate tax for qualifying institutions in finance, technology, and other select industries for 20 years. 15% personal income tax for skilled knowledge workers. Minimum assets under management (AUM) of RM30 million for family office eligibility. These terms changed behaviour. On the private side, six family offices have secured approval, reporting a combined RM400 million in assets. The government’s target for the SFZ is RM2 billion in AUM by end-2026. Office leasing followed. Asking rents rose from RM1.50 to RM5.50 per sq ft, a 267% increase, and the first 50,000 sq ft of commercial space has reached 59% occupancy. These figures suggest market-driven pricing rather than promotional positioning. The bilateral context also matters. Singapore’s formal endorsement of the JSSEZ framework extends policy credibility beyond Malaysia’s domestic political cycle, positioning Forest City as a cross-border asset in the early stages of valuation normalisation. For investors accustomed to assessing sovereign risk, the joint commitment from both governments represents a meaningful de-risking signal. Who Actually Lives in Forest City Today? Demographic data as of 2026 indicates a more diverse residential base than the project’s early China-focused marketing might suggest. More than 15,000 residents from over 20 nationalities now call Forest City home, making it a mixed international community rather than a single-market enclave. Daily infrastructure has matured to support settled living. Retail and F&B outlets are equipped to serve resident and visitor needs daily, covering everything from groceries and dining to medical services and furniture. For most residents, evenings no longer require the 25-minute drive to Johor Bahru’s commercial centres. Education has also emerged as a primary draw for families. Forest City International School, established in 2018 as the Malaysia flagship campus of CATS Global Schools, is a renowned American style K12 boarding school that offers education from kindergarten through high school. Over half of teaching staff is recruited from overseas, all of them have over five years of teaching experience, and 60% have master’s or doctoral degrees. The Class of 2025 at Forest City International School has achieved outstanding results, securing admissions from 17 world-renowned institutions. These include University College London, Nanyang Technological University, the University of Hong Kong, the University of Toronto, the University of British Columbia, Seoul National University, Korea University, Yonsei University, the University of Tokyo, University of the Arts London, and Savannah College of Art and Design, a metric that speaks to educational outcomes rather than enrolment marketing alone. The city’s rhythm is visible in regular festivals, sports meets, and cultural gatherings that serve both expatriate and Malaysian families. In a Channel News Asia (CNA) Insider video feature about Forest City, interviewee Nizam noted: “There were many bad reviews about Forest City. So, I think now people know and they’ve seen for themselves how the condition actually is. It’s very crowded.” Much of this consolidation follows the SFZ designation, which has translated population growth into a more settled pattern of community life. A community event at Forest City's beachfront. The development hosts more than 100 international events and tournaments annually, including the Challenge Malaysia triathlon scheduled for June 2026. What is There Actually to Do in Forest City? Beyond policy mechanics, Forest City now operates functioning tourism and leisure infrastructure. Facilities and activities now in operation: Golf resort: The “Classic Course” has ranked in the “Top 100 Golf Courses in Asia” for seven consecutive years (2020–2026), and the “Legacy Course,” designed by golf legend Jack Nicklaus and his son Jack Nicklaus II, was ranked 49th in the “2024–2025 Asia-Pacific Top 100 Golf Courses” list by China’s largest golf platform, Cloud Golf. Hotels: Two five-star properties, the Forest City Marina Hotel and Forest City Golf Hotel, offer full resort amenities for short stays and extended visits, supporting both leisure tourism and business travel tied to the SFZ. Mangrove tours: Guided mangrove tours operate within the adjoining 2.86 million m² green corridor, accessible via registered boat operators. The ecosystem hosts more than 400 documented plant and animal species. Recreational sea fishing is available along the waterfront and offshore. Sea fishing: Recreational sea- fishing along the waterfront and offshore for ocean lovers seeking wave-breaking fun and deep-sea adventure. Flexible two- or four-person packages with selected meals are available. Coastline: Approximately 4 km of developed beachfront includes public access, a waterfront promenade, and recreational facilities, including a dedicated wedding venue. Proximity to Singapore: Forest City sits roughly 2 km from Singapore in a straight line—approximately 40 minutes by car to Singapore’s CBD—making it comfortable for day trips and weekend visits from the city-state. Events calendar: More than 100 international events and tournaments run annually across golf, leisure, and cultural categories. The Challenge Malaysia triathlon is scheduled for June 2026, adding to a growing roster of marquee fixtures. For visitors, the most visible change is practical access to the environment. Forest City sets aside 2.86 million m² of green space, with more than 400 documented plant and animal species. It has also earned more than 40 international awards across urban planning, sustainability, and hospitality, with many of its buildings now LEED-certified. These elements shape a credible on-the-ground itinerary. Forest City Golf Resort. The Classic Course has ranked in Asia's Top 100 Golf Courses for seven consecutive years (2020–2026); the Legacy Course, designed by Jack Nicklaus, placed 49th in the 2024–2025 Asia-Pacific Top 100. The resort hosts more than 100 international tournaments annually. Why is the Malaysian Government Invested in Making This Work? Forest City’s trajectory reflects an increasingly visible alignment between public policy and private capital, a convergence that has translated political rhetoric into legislative action and physical infrastructure. Institutional presence signals intent on the ground: The Malaysia Investment Facilitation Centre (IMFC) has established operations in Forest City, with more than 10 government agencies co-located there, indicating active use rather than abandonment. Reported returns to the state are quantifiable: Over RM790 million in taxes paid, 10,000 jobs created, partnerships with over 190 local enterprises, RM53 million put into CSR initiatives, and RM140 million directed towards environmental work. These figures suggest the public-private model is producing an auditable dividend. Connectivity spending is consistent with the policy stance: The Johor Bahru-Singapore Rapid Transit System (RTS) Link is scheduled for completion in late 2026. The Kuala Lumpur-Singapore High-Speed Rail continues to progress through development phases. A sea-based LRT system proposed by the Sultan of Johor aims to alleviate chronic checkpoint congestion at the causeway. Conclusion The “ghost city” label captured a window from 2018 to 2022, when construction dominated, borders were shut, and policy cooled demand. That window has closed. For prospective visitors, day trips and weekend stays are now practical options. For prospective residents, liveability can be assessed against current infrastructure rather than dated impressions. For investors, six approved family offices operating under enacted SFZ rules represent early-stage validation of the policy framework. The 2026 picture is measurably different: a designated SFZ with enacted legislation, institutional tenants in place, office space leasing at market rates, close to 20,000 residents across 26,000 completed homes, and a tourism and events ecosystem built around highly acclaimed golf courses and 4 km of developed coastline. The evidence is on the record. Government gazettes, third-party rankings, tax remittance data, occupancy figures, and current on-the-ground conditions offer a more complete picture than media footage from the construction phase. For stakeholders navigating Southeast Asian investment opportunities, or the Johor-Singapore corridor more specifically, the gap between the “ghost city” legacy and 2026’s fiscal reality is now empirically vast. While SFZ benchmarks and rising lease yields provide a valid analytical foundation, a site visit remains the ultimate form of due diligence. Seeing the city’s current operations firsthand is the best way to reconcile past headlines with the SFZ’s tangible economic momentum. 23/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS via SeaPRwire.com / 2026-04-22 / 17:40 UTC+8 [2026年4月22日 – 香港] 領先的全球化社交娛樂公司 – 赤子城科技有限公司（「赤子城科技」或「本公司」，股份代號：9911；連同其附屬公司統稱「本集團」）欣然發布2026年第一季度未經審核營運數據公告。截至 2026 年 3 月 31 日止三個月，公司預期錄得收入約人民幣 20.30至21.30 億元，較 2025 年同期增長約33.0%至39.6%。其中社交業務收入約人民幣 17.85至18.65 億元，同比增長約31.3%至37.2%；創新業務收入約人民幣 2.45至2.65 億元，同比增長約 46.7%~58.7%，整體保持強勁增長態勢。 社交業務壁壘加深，旗艦產品競爭力提升 公告顯示，公司社交業務收入同比穩健增長，主要由於公司持續推進全球化布局及 AI 全鏈路應用，帶動旗艦產品實現穩步增長。第一季度，公司持續推進「產品複製+國家複製」策略，鞏固在中東北非及東南亞等優勢市場的領先地位，同時以旗艦產品為「先鋒」，在拉美、歐洲、日韓等高增長及高價值新市場持續發力，完善全球社交娛樂版圖。 2026年，公司旗艦產品保持強勁發展。陪伴社交平台 SUGO 在細分賽道的競爭力進一步增強，遊戲社交平台 TopTop 在 GCC 等區域的市場地位亦不斷提升。根據 Sensor Tower 數據，一季度 SUGO 位居中東社交網絡收入排行榜第 5 位，較 2025 年四季度排名提升 2 位；TopTop 位列同一榜單第 6 位。此外，在Sensor Tower 一季度「中國非遊戲應用海外收入排行榜」中，SUGO位列第 13 位，排名按季提升。 在新市場，SUGO、TopTop 亦保持擴張態勢。在拉美市場，SUGO 位居 2026 年第一季度社交網絡收入排名第 12 位，較 2025 年第四季度排名上升 8 位。TopTop 在日本、歐洲等高價值市場取得積極進展，今年第一季度多次進入日本 App Store 休閒遊戲免費榜 Top 10。 目前，SUGO 作為全球在線社交行業的「黑馬」，正從一款區域性陪伴社交標杆產品，崛起為兼具全球影響力和卓越商業化效率的社交平台；TopTop 則持續發揮 UGC 生態優勢，積極佈局發達國家市場，不僅在沙特阿拉伯等 GCC 市場成長為「國民級應用」，在全球市場同品類產品中亦位居前列。 此外，公司多元人群社交業務亦穩步發展。全球化多元人群社區 HeeSay 在優勢市場東南亞的影響力穩步加深，穩居越南及菲律賓等國家 App Store 社交應用暢銷榜 TOP 10。 華西證券研報指出，全球社交網絡與遊戲類 APP 在下載量、使用時長及商業變現三個維度均表現突出，赤子城科技在全球範圍內的布局將持續受益，成長的長期確定性凸顯。 創新業務發展強勁，AI 賦能收入高速增長 創新業務在今年一季度展現出了強勁的發展動能。公告顯示，高增長主要得益於在 AI 驅動下，公司積極投入的短劇業務實現快速增長。 一季度，公司短劇業務有序推進，覆蓋歐美等全球多個市場，驗證了內容創作及爆款打造的全鏈路能力。在此基礎上，公司大力布局 AI 短劇，依托 AI 技術放大內容產能、豐富題材類型、優化製作成本，驅動短劇成為創新業務新增長引擎。 日前，公司短劇業務正式接入 Seedance 2.0，成為首批合作平台之一。同時，通過與 TikTok 等平台聯合運營，公司短劇內容的全球影響力進一步提升。根據 TikTok 發佈的短劇第一季度分賬報告，公司旗下爆款劇首月分賬規模即達到平台單劇第 2。 近年來，公司持續推進 AI 技術深度應用，全面賦能研發、營運等核心業務場景，提升營運效率。其中，自研多模態算法模型 Boomiix 持續升級，提升社交匹配精準度與營運智能化水平；自研 AI 智能數據平台思語大幅縮短數據查詢、異動分析、報告生成等流程的響應周期；自研 AI 智能設計平台 KIVI 大幅提升虛擬禮物、投放素材等的產出效率與內容豐富度。此外，公司積極拓展消費級 AI 應用，孵化 AI 遊戲社區產品 Aippy，探索以 AI 創造情緒價值的新路徑。據悉，目前 Aippy 累計下載量已超過 200 萬。此外，公司推出的 AI Agent 支付項目 NUSD Pay，目前已完成核心系統搭建並進入商業化運營階段。 日前，公司宣布未來兩年內將斥資約 3 億港元進行股份回購，並擬用於本公司員工股權激勵計劃，或根據適用法律法規及上市規則予以注銷。董事會認為，在當前情况下實施股份回購，有助於體現公司對自身業務前景的信心，並將為公司帶來裨益及為股東創造價值。 3 月 6 日，公司正式獲納入港股通合資格證券名單，拓闊內地投資者的參與渠道。納入以來，公司市場關注度及交易活躍度顯著提升，截至 4 月 21 日，日均成交額超過 1.8 億港元，較納入前 3 個月水平提升約 2 倍。隨著納入港股通，公司股東結構持續優化，市場影響力進一步增強，為公司長期發展提供有力支撑。 有關赤子城科技 赤子城科技是一家全球化的互聯網公司，2019年在港交所主板上市，股票代碼為09911.HK。 公司以「創造美好情緒價值」為願景，在社交、遊戲等領域打造了數十款面向全球用戶的APP，包括泛人群社交產品 MICO、YoHo、TopTop、SUGO；多元人群社交產品 HeeSay；精品遊戲產品 Alice's Dream: Merge Games等，累計服務過上百個國家和地區的超過10億全球用戶。赤子城科技深耕中東北非市場，並積極佈局東南亞、歐美、日韓等地區，致力於成為全球最大的社交娛樂公司。 如欲查詢更多資訊，請聯絡： DLK Advisory pr@dlkadvisory.com 2026-04-22 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php