Riddet Institute Fellow Laureate Paul Moughan has led a research collaboration with Yili’s Innovation Centre in New Zealand which will help shape World Health Organisation policy on infant nutrition.
Distinguished Professor Moughan, who chaired the Food and Agriculture Organisation (FAO) of the United Nations’ expert consultation which published guidelines on protein quality for humans in 2013, has been working closely with global experts in a joint research effort co-ordinated by the Yili Innovation Centre Oceania (YICO) at Lincoln University.
In a series of papers published in the Journal of Nutrition (2023), Frontiers in Nutrition (2024) and the Journal of Agricultural and Food Chemistry (2025), the work of Professor Moughan and his team has led to breakthrough research that provides a better understanding and far more accurate way of assessing how well babies can absorb and utilise the essential building blocks of protein from breastmilk.
Professor Moughan’s original work in 2013 provided the gold standard for evaluating protein quality in infant formula: the Digestible Indispensable Amino Acid Score (DIAAS).
His latest research with YICO, the Yili Global Maternal and Infant Nutrition Institute and Professor Yin Yulong, a Fellow of the Chinese Academy of Engineering at the Institute of Subtropical Agriculture, Chinese Academy of Sciences, has produced new data which deepens this understanding further and has already led to new approaches to infant nutrition production within Yili.
“This has been a hugely productive international research alliance and will no doubt lead to further advances in FAO policy,’’ Professor Moughan said.
“Professor Yin is a digestive physiologist of significant international standing and his thoroughness, attention to detail and scientific leadership was crucial to the success of the collaboration.
“The alliance’s work will also lead to global impacts on the production of infant formula leading to improvements in the long-term health of babies and children.
“It has also been very enjoyable working with the scientific team within Yili. I have been very impressed by the technical capabilities of the team and working with them has actually been quite delightful.’’
Head of YICO, Dr Philip Wescombe, said the Yili Innovation Centre Oceania principal aim was to act as a hub for research collaboration across Oceania.
“After 10 years, we are now well-established in driving innovation by strengthening ties with startups, expanding business opportunities, and fostering greater interaction between researchers, industry, and consumers,’’ Dr Wescombe said.
Resident Director of Yili Group Oceania Region, Zhiqiang Li, said Yili was proud of the work of YICO and of Yili’s teams across Oceania and in Inner Mongolia.
“We are honoured to learn of the warm and respectful relationships the company’s internal technical staff have developed with leading global researchers in China and New Zealand, the support we can provide as Asia’s largest dairy producer, and the fifth largest dairy company in the world,’’ Mr Li said.
References
Hodgkinson, S. M., Xiong, X., Yan, Y., Wu, Y., Szeto, I. M.-Y., Li, R., Wescombe, P., Duan, S., Liu, H., Yin, Y., Lim, W. X. J., & Moughan, P. J. (2023). An accurate estimate of the amino acid content of human milk collected from Chinese women adjusted for differences in amino acid digestibility. The Journal of Nutrition, 153, 3439–3447. https://doi.org/10.1016/j.tjnut.2023.10.009
Moughan, P. J., Deglaire, A., Yan, Y., Wescombe, P., Lim, W. X. J., Stroebinger, N., Duan, S., Szeto, I. M.-Y., & Hodgkinson, S. (2024). Amino acid requirements of the infant: The amino acid composition of human breast milk. Frontiers in Nutrition, 11, 1446565. https://doi.org/10.3389/fnut.2024.1446565
Wu, Y., Yan, Y., Xiong, X., Li, R., Duan, S., Tang, M., Szeto, I. M.-Y., Liu, H., Hodgkinson, S. M., Moughan, P. J., Wescombe, P., Wang, J., & Yin, Y. (2025). Effect of different ratios of αlactalbumin to βcasein in infant formula on true ileal digestibility and intestinal morphology of suckling piglets. Journal of Agricultural and Food Chemistry, 73, 6144–6150. https://doi.org/10.1021/acs.jafc.4c10520
BEIJING, CHINA – Media OutReach Newswire – 14 February 2026 – The People’s Daily has launched two seasons of the documentary My China Story, featuring 10 foreigners who have pursued their careers in China. Season one features tech entrepreneur Nikk Mitchell, US zoologist Kevin Messenger, US ceramist Matt Watterson and Argentinian motorcycle designer Rodrigo Álvarez. The newly released season two of the series puts the spotlight on Neil Schmid, a US expert on Buddhist studies and Dunhuang; US martial arts lover and Taoist Jake Pinnick; French spelunker Jean Bottazzi and Russian vlogger Anton Butov, all of whom have shared their distinctive life paths in China.
My China Story gives the world a window into foreign residents who have lived across different regions with a wide range of career choices. This documentary series has gained a significant number of overseas viewers on a variety of social media platforms, including Youtube, Tiktok and X. Among all the episodes, the viewers have shown the most interest in Pinnick, who was born in the 1990s in the US, and came to China following an obsession with Chinese martial arts and Taoism studies. This contrasting background has made viewers more eager to learn why and how he lived in China ‘s Wudang Mountains for over a decade.
2025 marked a remarkable year for Pinnick. In April, he received China’s Foreign Permanent Resident ID Card — the “Five-Star Card” — and in May, he was named an Honorary Citizen of Shiyan City at an inaugural ceremony. These honors stand as powerful testaments to his decade-and-a-half journey of cultural immersion.
Pinnick’s story began in 2010 when, inspired by kung fu movies, the then-20-year-old arrived at the foot of the Wudang Mountains with zero martial arts experience and no knowledge of the Chinese language. He carried only a dictionary and a handwritten note that read, “I want to go to the Wudang Mountains.” Emerging from the morning mist, he found his purpose the moment he saw a master leading disciples in practice.
The path from novice to master has been paved with rigorous discipline. Pinnick mastered Tai Chi and various weapon techniques. Beyond the physical movements, he delved into the spiritual heart of China, studying the Tao Te Ching and learned to play Taoist music. During his toughest moments of exhaustion and homesickness, it was his “kung fu family” that gave him the strength to persevere.
Over the past 16 years, Pinnick has not only transformed personally but also witnessed China’s rapid development. He vividly remembers that reaching Wudang once required a slow train to Yibin; today, the journey is defined by high-speed rail and an expanding airport now welcoming international travelers.
Today, Pinnick serves as a vital cultural bridge. Through social media and live performances, he shares the wisdom of Wudang with a global audience. “I originally came for martial arts,” Pinnick reflects, “but I stayed for the culture and history.” Guided by his master’s philosophy that “Kung fu knows no borders,” Pinnick continues to demonstrate that martial arts is not about conflict, but about inclusivity and connecting a diverse world.
The issuer is solely responsible for the content of this announcement.
New Zealand and French boats crash during SailGP racing on Waitematā Harbour.Phil Walter
New Zealand SailGP
11.30am Sunday, 15 February*
Wynyard Point, Auckland
Live updates on RNZ
*Start time has been changed due to the weather
Kiwi SailGP driver Phil Robertson hopes the high-speed crash between New Zealand and France on Auckland’s Waitematā Harbour will force a rethink of racing format for the rest of the 2026 championship.
Competition was suspended during race three of New Zealand SailGP, after the two rivals collided during the sprint to the first mark. Replays showed the Black Foils apparently lose control of their rudder and spin into the path of the French, whose boat flew over the bow of Amokura.
All crew were quickly accounted for, but two sailors – one from each team – were injured and rushed ashore to hospital.
The rest of the fleet continued around the mark, but the contest was called off, as they headed back towards the scene of the crash, where the two boats were still entangled midcourse.
Soon after, organisers suspended racing for the day. The French boat was towed back to Wynyard Basin, but Amokura lay in pieces on the harbour and likely be out of action for quite a while.
The incident shook up the entire fleet, with Italian team driver Robertson recounting his own close call in the build-up.
“It’s obviously pretty hectic,” he said. “You never really want to see anything like that.
Italy driver Phil Robertson holds court at the SailGP media conference.Alan Lee/Photosport
“It’s a bit shocking, but it’s racing and it was a racing incident that went on out there.”
Auckland-born Robertson described how the New Zealand boat initially veered towards his boat, but seemed to regain control to avoid that contact.
“I saw them in my peripheral, as they started sliding towards us, then took a glance over my shoulder and saw them spin out. I didn’t really see the rest, until we stopped and looked back, and saw two boats on top of each other – it’s not very nice to see that.
“These boats are pretty hard to control at those high speeds and everyone’s pushing like mad on those reaches. They got a bit slidey, which is very natural to happen, and slid towards us, but you trust they’re going to get grip again and they did.”
New Zealand SailGP is the first time the fleet has raced with 13 boats, with Artemis Sweden joining the championship this year.
At last month’s season-opener in Perth, the Spanish boat suffered damage in practice and was unable to compete.
Organisers hope to add another team next year and have experimented with splitting the fleet into two heats of seven.
[embedded content]
“I think it’s the shortest racecourse in SailGP and 13 boats… yeah, I don’t know,” Robertson offered. “I think questions will be asked.
“I think when it’s conditions like this, I think that [two fleets] will be the expectation. We know it’s going to be tricky and there will be crashes, but it just minimises the risk, when there’s a bit more space on the course.
“Bigger courses sure, 13 boats no problem, but I think small courses and big breeze, when everyone’s on the limit of control already, it’s probably a smart idea to start having that conversation seriously.
“I assume a few sailors will be asking a few questions.”
Despite the Auckland incident, British driver Dylan Fletcher still favours the bigger fleet.
“I’d rather it stay as one fleet,” the defending SailGP champion said. “It doesn’t honestly feel that different, whether you’ve got 11 or 13.
“It’s relatively similar. Even at the start, you’ve got that separation.
“From my point of view, I love the racing with 13 boats. It’s unfortunate we won’t have that for a little bit of while now, but that’s the way it is.”
New Zealand and France come together midfleet, as they sprinted to the first mark of race three.Phil Walter
Robertson has been a SailGP fixture since the professional sailing began in 2019, steering teams from China, Spain and Canada, before joining the Italian outfit last year.
With a weather bomb forecast for the North Island this weekend, the local lad was quizzed about the prospect of racing in big winds on the Waitematā at Friday’s official media conference.
His reaction: “You wet your pants a little and move on.”
Italy narrowly avoided their own disaster, when they were caught in a gust of win that almost tipped them over during the build-up to race one. They barely managed to regain equilibrium and bring their boat back down on both hulls.
Sunday racing has already been moved forward a few hours to avoid the worst of the weather, but most drivers anticipate even more testing conditions on day two.
“Look, the accident was obviously extremely unfortunate, but I don’t think anyone’s really going to change,” Robertson said. “It’s a little bit out of the ordinary and you trust everyone’s being careful out there.
“That’s probably a situation I don’t think anyone envisioned, a boat spinning out and getting run over. It’s always in our mind that someone may crash in front of you, but coming from that position the Kiwis were in and into the French like that, no-one’s really thought about that situation before.”
“I think all the sailors are pretty shaken up, seeing that sight. It’s not something you want to see and I’m sure it affects everyone a bit.”
HONG KONG SAR – Media OutReach Newswire – 14 February 2026 – CrazyLive, a platform dedicated to investor education and behavioral finance research, today announced that it will host a free public investment seminar on March 8, 2026 (Sunday) at Hotel ICON in Hong Kong.
Titled “Investor Behavior and Decision-Making Frameworks in High-Volatility Environments,” the seminar is designed for retail investors seeking to improve decision-making discipline amid rising market volatility. The event will explore common cognitive biases and behavioral traps that often lead to emotional investing, and introduce a systematic and repeatable decision-making framework to help participants strengthen consistency, structure, and execution in real-world market conditions.
Warren Wang, Founder of CrazyLive, stated:
“Over the years, I have observed that many retail investors do not underperform because they lack intelligence or information, but because they lack discipline and structure. Volatility is not an exception—it is the market’s normal state. The key is whether investors have a clear and executable framework to reduce emotional interference. This seminar is designed to share practical tools and structured thinking approaches grounded in behavioral finance.”
The seminar will feature three seasoned financial market professionals as keynote speakers:
• Cecilia Kwok — Market Sentiment Specialist at CrazyLive and senior financial news anchor, with over 10 years of hands-on investment and trading experience. • Angel Xu — Wharton School graduate (University of Pennsylvania); former Morgan Stanley (New York) analyst; currently a fund manager; CFA and FRM charterholder. • Jolin Zhu — With over 17 years of experience in financial market research and trading, she has participated in large-scale asset management projects and institutional investment operations. She is a specially appointed lecturer for the National Association of Financial Market Institutional Investors (NAFMII) and an editorial board member of the China Asset Management Industry Development Report. She is also a CFA and FRM charterholder.
Key seminar topics will include behavioral bias analysis, case studies of common decision-making errors, and practical decision-support tools such as a streamlined decision checklist and a cash flow stress-testing framework. The discussion will also incorporate insights from recent market developments and volatility cycles.
CrazyLive emphasized that the seminar will focus strictly on academic framework sharing, market phenomenon analysis, and practical experience exchange. The event will not involve the promotion of any financial products, nor will it provide any return guarantees or investment advice.
Event Details
Date: March 8, 2026 (Sunday) Time: 2:00 PM – 6:00 PM Venue: Function Room 1–3, Hotel ICON, 17 Science Museum Road, Tsim Sha Tsui East, Kowloon, Hong Kong Admission: Free of charge Registration Link: https://crazylivehk.netlify.app/
Hashtag: #CrazyLive
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Over 11,000 Experts from 111 Countries Converge Reaffirming Hong Kong’s Position as a Global Ophthalmic Hub
HONG KONG SAR – Media OutReach Newswire – 13 February 2026 – The four-day “APAO 2026 Asia-Pacific Academy of Ophthalmology (APAO) Congress” successfully concluded last week, marking a significant milestone in the global ophthalmic community. As the largest and most authoritative ophthalmic academic event in the Asia-Pacific region, this year’s Congress was hosted in Hong Kong for the fifth time, attracting over 11,000 ophthalmologists, vision scientists, and ophthalmic professionals from 111 countries and regions worldwide. This landmark event not only reaffirmed Hong Kong’s distinguished position as a prominent international ophthalmic hub but also fostered profound exchange and extensive collaboration within the global ophthalmic community.
Ophthalmic experts from around the world converge at APAO 2026 Opening Ceremony
Over 1,200 Ophthalmic Sessions: Exploring Clinical Applications and Translational Impact of Cutting-Edge Technology
The Congress was organized by APAO and jointly hosted by the Hong Kong Ophthalmological Society and the College of Ophthalmologists of Hong Kong. Operating under the theme “Eyes on the Future: Innovating Ophthalmology,” it presented an impressive agenda featuring over 1,200 specialized ophthalmic symposia and sessions. More than 1,000 distinguished speakers engaged with the 11,000 attendees, collectively exploring the clinical applications and translational potential of state-of-the-art technologies, thereby generating numerous thought-provoking and insightful discussions.
The comprehensive academic agenda spanned 19 ophthalmic subspecialties, offering a rich and diverse array of topics. It delved into not only foundational areas such as cataract, cornea, glaucoma, retina, paediatric ophthalmology, and oculoplastic surgery, among others, but also extended its focus to emerging fields including artificial intelligence, digital innovation, and virtual health. This extensive scope is poised to significantly advance global ophthalmology.
Hong Kong’s First Interdisciplinary Myopia Control Expert Research Group Formed to Propose Comprehensive Control Strategies to the Government
During the congress, four major ophthalmic organizations in Hong Kong – Hong Kong Ophthalmological Society, the College of Ophthalmologists of Hong Kong, the Hong Kong Association of Private Eye Surgeons, and the Hong Kong Paediatric Ophthalmology and Strabismus Society – jointly established Hong Kong’s first Interdisciplinary Myopia Control Expert Task Force. This group will pioneer the integration of academic research, clinical services, and public education to formulate myopia control strategies for Hong Kong and propose comprehensive recommendations to the HKSAR government. Furthermore, it will promote more holistic, cost-effective, and long-term myopia management solutions by incorporating cutting-edge technologies such as AI, wearable devices, and novel therapies for the public’s benefit.
Special Chinese Sessions Accelerated Cross-border and Global Collaboration
To enhance regional cooperation and academic exchange, this year’s APAO Congress, in addition to its regular English lectures, has specially introduced Chinese-language sessions. The organisers have invited over a hundred authoritative ophthalmology experts from Chinese Mainland to Hong Kong for in-depth exchanges and participation in discussions in Chinese, aiming to accelerate collaboration between the ophthalmology communities of Chinese Mainland, Hong Kong, and indeed, the world. The congress also attracted 3,000 Chinese Mainland experts and scholars, fully demonstrating the close ties as well as continuous cross-border and international cooperation.
Among these, a public health luncheon themed “China’s Myopia Prevention and Control Model” was held. Chinese Mainland experts elaborated to their international ophthalmic peers on how China has successfully established a far-reaching comprehensive myopia prevention and control system through robust public health management, solid scientific research, cutting-edge technologies, and effective policies. It offered valuable experiences for global myopia control efforts.
Cross-border Societies Sign Memorandum of Understanding
New Societies Established to Advance Ophthalmic AI and Stem Cell & Gene Therapy Development
To further strengthen collaboration between Chinese Mainland and Hong Kong in the field of ophthalmology, Chinese Ophthalmological Society, the Hong Kong Ophthalmological Society, and the College of Ophthalmologists of Hong Kong signed a Memorandum of Understanding (MOU) during this congress. The MOU aims to jointly deepen and advance the long-term development of ophthalmology in both regions, charting a new chapter for the field.
Concurrently, the Global Ophthalmic AI and Technology Society (GOATS) and the Asia-Pacific Stem Cell and Gene Therapy Society (APSOCGT) were officially established during the conference. The formation of these two new societies will provide substantial impetus for the advancement of ophthalmic artificial intelligence, technological innovation, stem cell and gene therapy, facilitating their translation from foundational research to clinical application across the Asia-Pacific region and globally.
APAO Congress Held for the Fifth Time in Hong Kong Solidifying the City’s Status as an International Ophthalmic Hub
Professor Jason Yam Cheuk-sing, President of APAO 2026 Congress & President of The Hong Kong Ophthalmological Society concluded, “The APAO Congress being held in Hong Kong for the fifth time has underscored the city’s internationally recognised excellence in ophthalmology. It not only enhances our clinical capabilities in managing complex cases but also allows this city to showcase its cutting-edge ophthalmic medical technology and research prowess to the world. “
He continued, “On this occasion, I would like to extend my most sincere gratitude to all co-organizers, invited speakers, participants, and sponsoring organizations, especially for the staunch support from the Funding Schemes under the Innovation and Technology Commission, which made APAO 2026 a resounding success. We look forward to Hong Kong securing the hosting rights for APAO again in the future.”
This press release is issued by the APAO 2026 Congress.
Hashtag: #APAO2026
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 13 February 2026 – AECOM, the trusted global infrastructure leader, and the School of Energy and Environment (SEE) at City University of Hong Kong (CityUHK), a leading hub in sustainability, today announced a strategic partnership through the signing of a Memorandum of Understanding (MoU). This collaboration is dedicated to accelerating Hong Kong’s progress towards its sustainability and climate resilience ambitions by integrating cutting-edge academic research with proven industry expertise.
Officiated by Ir Dr Otto Poon, founding chairman of the Hong Kong Climate Change Forum, the signing ceremony formalized a partnership that will drive joint research projects in sustainability, climate adaptation and environmental innovations. A key initiative will be the exploration of a dedicated AECOM–SEE joint laboratory to advance climate-related research. The collaboration will also encompass knowledge exchange, innovation and solution development, capacity building programs, student internships, and joint academic supervision, strengthening the bridge between industry and academia-related research.
“This strategic partnership with CityUHK SEE is a catalyst for transformative solutions addressing critical environmental challenges,” said Dr Johnny Cheuk, senior vice president and Hong Kong Executive Leader at AECOM. “By uniting CityUHK’s renowned research capabilities with our industry-leading technical excellence in sustainable infrastructure and on-the-ground experience, including integrated shoreline management, flood management and nature-based solutions, we can fast-track the development of resilient, future-ready solutions for Hong Kong.”
“Collaborating with AECOM is not just a partnership, it’s a commitment to shaping a sustainable future together with industry leaders on various initiatives, all aimed at translating research into real-world impact,” said Prof. Benjamin Horton, Dean of the School of Energy and Environment at CityUHK. “Partnerships between academia and industry are essential for accelerating innovation, scaling solutions and building resilience. Universities bring together diverse fields under one roof, making them ideal hubs for innovation and collaboration. We are excited to work closely with the industry partners, including AECOM, to foster scalable solutions for global sustainability.”
Following the MoU signing, AECOM and CityUHK SEE co‑hosted a Climate Change Symposium, facilitating in-depth dialogue between academia, industry and the government. The symposium featured expert discussions on coastal resilience, sustainable water management and climate risk disclosure, highlighting pathways to address Hong Kong’s specific environmental challenges.
Key insights were provided by distinguished speakers representing government, academia, and industry, including:
Government and real estate sector: Chan Wai Tak, Principal Assistant Secretary (Works), Development Bureau, HKSAR Government; Prof. Wong Kam Sing, GBS, JP, Chairman of Wu Zhi Qiao (Bridge to China) Charitable Foundation; and Hazel Cheng, Project Manager for Sustainability, Henderson Land Development Co., Ltd.
CityUHKSEE: Prof. Benjamin Horton, Dean; Prof. Jung Eun Chu, Assistant Professor; Prof. Ping Han, Associate Professor
AECOM: Robert Chan, Vice President, Water, Asia; Stanley Liu, Executive Director, Ports & Marine, Transportation; Delton Ng, Executive Director, Environment
The symposium underscored a shared commitment to advancing Hong Kong’s climate goals through academic-industry collaboration, driving climate resilient innovation from the laboratory to the community.
CHATTANOOGA, Tenn., Feb. 12, 2026 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), today acknowledged the U.S. Department of Commerce’s (“Commerce”) final determinations in the antidumping and countervailing duty investigations covering anode active materials (“AAM”) imported into the U.S. from China. The total amount of the tariffs applicable to AAM imported from China will be at least 160%, subject to a final affirmative determination by the U.S. International Trade Commission (“ITC”) that the U.S. AAM industry has been materially impeded because of Chinese AAM imports. The ITC’s final determination is expected in March 2026.
Highlights Subject to the ITC’s final determination on material impediment:
An antidumping duty of 93.5% will be imposed on AAM imports from China from specified companies and a duty of 102.72% will be imposed China-wide on all other exporters
A countervailing duty of 66.82% to 66.86% will be imposed on all AAM imports from China producers
These duties will remain in effect unless revoked and will be reviewed every five years
“These determinations represent a meaningful step toward restoring fair competition in the U.S. anode materials market,” said Mike O’Kronley, CEO of NOVONIX. “By addressing longstanding trade distortions, these measures strengthen the foundation for domestic production of critical battery materials, accelerate investment in U.S. manufacturing, and support the creation of high-quality advanced manufacturing jobs. We believe this materially enhances NOVONIX’s competitive position as we continue scaling synthetic graphite production in North America.”
The duties apply broadly to anode-graphite materials, as defined by Commerce, including synthetic and natural graphite products, whether coated or uncoated, and blended materials used in lithium-ion battery applications.
The previously imposed 25% tariff under Section 301 of the Trade Act of 1974 and 20% tariff under the International Emergency Economic Powers Act (“IEEPA”) on AAM imports from China remain in effect. The legal validity of the IEEPA tariffs is currently under review by the U.S. Supreme Court.
NOVONIX supports the transparent and rules-based enforcement of U.S. trade laws and believes these determinations represent an important step in promoting fair competition, strengthening domestic battery supply chains, and encouraging long-term capital investment in advanced manufacturing in the United States.
With the most advanced synthetic graphite production capability in North America, NOVONIX is strategically positioned to support customers seeking secure, domestically produced anode materials. The Company continues to execute on its strategy to expand high-performance synthetic graphite production in the United States, reinforcing supply chain resilience, U.S. energy security, and long-term manufacturing competitiveness.
Additional information regarding the determinations is available through the U.S. Department of Commerce’s Enforcement and Compliance records.
This announcement has been authorized for release by NOVONIX Chairman, Mr. Ron Edmonds.
About NOVONIX NOVONIX strives to reduce supply chain risk, support U.S. energy independence, and establish a resilient battery materials supply chain. The company is building a North American platform for critical battery materials—anchored by its Chattanooga, Tennessee headquarters and anode materials operations, expanding through its patented all-dry, precursor-free cathode synthesis technology, and supported by industry-leading battery cell testing and R&D services. Together, these capabilities position NOVONIX as an integrated supplier of advanced battery materials and technologies powering the energy storage and electrification economy.
This communication contains forward-looking statements about the Company and the industry in which it operates. Forward-looking statements can generally be identified by use of words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or other similar expressions. Examples of forward-looking statements in this communication include, among others, statements made regarding the creation and development of new technology, anticipated production capacity at its facilities, anticipated customer demand, the impacts of economic uncertainty, tariffs, and other legislation on our timely achievement of targets and customer milestones, our ability to obtain or maintain and benefit from additional government funding and other support, our expectations of the benefit of the antidumping and countervailing duty determinations, tariffs imposed on China and other countries, improving and growing battery testing equipment and research and development services business, continued investment in and efforts to commercialize the cathode synthesis technology, and efforts to help localize the battery supply chain for critical materials and play a leading role in the transition to cleaner energy solutions.
The Company has based such statements on current expectations and projections about future events and trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. Such forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which may cause actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the timely deployment and scaling of its furnace technology, ability to meet the technical specifications and demand of existing and future customers, the accuracy of estimates regarding market size, expenses, future revenue, capital requirements, needs and access for additional financing, the availability and impact and compliance with the applicable terms of government funding and other support, ability to obtain patent rights effective to protect its technologies and processes and successfully defend any challenges to such rights and prevent others from commercializing such technologies and processes, and regulatory and economic developments in the United States, Australia, and other jurisdictions. These and other factors that could affect its business and results are included in its filings with the U.S. Securities and Exchange Commission (“SEC”), including the Company’s most recent annual report on Form 20-F. Copies of these filings may be obtained by visiting the Company’s Investor Relations website at www.novonixgroup.com or the SEC’s website at www.sec.gov.
Forward-looking statements are not guarantees of future performance or outcomes, and actual performance and outcomes may differ materially from those made in or suggested by the forward-looking statements contained in this communication. Accordingly, you should not place undue reliance on forward-looking statements. Any forward-looking statement in this communication is based only on information currently available to us and speaks only as of the date on which it is made. The Company undertakes no obligation to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.
PARIS, FRANCE – Media OutReach Newswire – 12 February 2026 – On February 10, the day of China’s Little New Year, An Encounter with China: Chinese New Year was held at the UNESCO Headquarters in Paris. The millennia‑old ancient capital Nanjing presented a “condensed version” of Chinese New Year through folk customs, art dialogues, and other forms. Representatives from permanent delegations of over 100 countries and international friends gathered to celebrate the Spring Festival, building a bridge for mutual learning among civilizations.
An Encounter with China: Celebrating Chinese New Year
In December 2024, the Spring Festival was inscribed on the UNESCO Representative List of the Intangible Cultural Heritage of Humanity. Khaled El-Enany, Director‑General of UNESCO, stated that the Spring Festival has become a globally shared cultural event, and its inscription highlights the global influence of Chinese culture. Yang Xinyu, Ambassador of China’s Permanent Delegation to UNESCO, praised Nanjing, calling this “City of Literature” a city that brings the charm and warmth of the Spring Festival to Paris, showcasing the profound heritage and contemporary value of Chinese culture.
Nanjing is home to the Nanjing City Wall, the largest existing ancient city wall in the world, and its Yunjin brocade weaving technique has been inscribed on the UNESCO Representative List of the Intangible Cultural Heritage of Humanity. At the event, the 2026 Spring Festival Temple Fair, hosted by China’s Permanent Delegation to UNESCO, kicked off with great excitement. Inside the headquarters hall, the Nanjing Cultural Symbols Exhibition drew large crowds: Fuma lanterns and Yulong lanterns glittered with brilliance, while Yunjin brocade and velvet flower crafts dazzled with their exquisite artistry. At the interactive area titled “Rubbing to Transmit Cultural Heritage,” guests personally took rubbings of inscriptions from Nanjing City Wall bricks.
In Nanjing itself, the Qinhuai Lantern Fair, with a history of over 1,700 years, illuminates the Confucius Temple; around the Ming City Wall, people “climb the city wall to walk off ailments,” visit temple fairs, and attend exhibitions, making the stories of the city wall a bond connecting the world.
During the event, Nanjing intangible cultural heritage inheritors, design scholars, and world‑leading designers gathered at the Manufacture Nationale de France for a dialogue titled “Reshaping and Interweaving Heritage.” Nanjing upholds the principles of “living heritage and two‑way empowerment,” through authentic restoration, international exchanges, and artistic co‑creation, allowing millennia‑old craftsmanship wisdom to serve the present, and enabling the world to appreciate the charm of Chinese New Year and the enduring power of Chinese civilization.
Hashtag: #Nanjing
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WENCHANG, CHINA – Media OutReach Newswire – 12 February 2026 – China recently launched a Long March-12 carrier rocket from Wenchang, successfully sending the 19th group of low-orbit internet satellites into preset orbit. This mission marked the 12th launch since the country’s first commercial spacecraft launch site entered service, signaling that the facility has entered a phase of high-density, routine operations.
An aerial drone photo shows seaside homestays and coffee shops in Longlou Town, Wenchang, south China’s Hainan Province. (Xinhua/Pu Xiaoxu)
Wenchang benefits from distinct natural and geological advantages. As China’s southernmost launch site, its proximity to the equator improves payload efficiency. The expansive surrounding sea areas ensure safety for launch drop zones, while accessible maritime transport solves the logistical challenge of shipping large rocket.
The steady launch capacity, together with Hainan Free Trade Port policies such as zero tariffs, low tax rates, and a simplified tax system, is attracting aerospace companies from around the world. To date, more than 700 space-related enterprises have settled in the Wenchang International Aerospace City (WIAC), covering the entire industrial chain from rocket manufacturing and satellite design to data applications.
In 2025, the WIAC recorded annual revenue exceeding 20 billion yuan (approximately 2.9 billion U. S. dollars). With core infrastructure facilities gradually put to operations, a complete industrial chain—from manufacturing and assembling to launch operations—is rapidly taking shape.
“What attracted us here is not only the launch capability, but the entire industrial ecosystem,” said a senior executive of a satellite-related company based in the WIAC. “Finding partners and testing solutions here is extremely efficient.”
Space launches are also reshaping the local tourism landscape. According to official statistics, Wenchang recorded more than one million tourist trips in 2025. Many of the tourists were “rocket-chasers.” Launch viewing areas and the local aerospace science and education center have become popular destinations, boosting business for nearby homestays, restaurants, and related services.
“We used to live by the weather, now we live by the rockets,” a local homestay operator remarked, which highlighted the area’s transition from a traditional fishing community to a modern aerospace hub.
It was revealed that multiple launch pads are under construction at the Hainan Commercial Space Launch Site. As infrastructure continues to improve, a “Space Town” featuring the aerospace industry and themed tourism is taking shape along China’s southern coast.
Hashtag: #Wenchang
The issuer is solely responsible for the content of this announcement.
BEIJING, CHINA – Media OutReach Newswire – 12 February 2026 – When you think of the Chinese New Year, lively lion dances and vibrant red lanterns surely come to mind. But this time, in Beijing’s Chaoyang District, you might brush past an adorable panda mascot, run into trendy IP characters on street corners, and discover themed artistic lanterns and festive markets. All these are available at the “Trendy Chaoyang, Trendy Temple Fair” event unfolding at the Chaoyangmen Outer Street area.
“Trendy Chaoyang, Trendy Temple Fair”
From February 10 (Little New Year in northern China on the Chinese lunar calendar) to March 8, the UIC block in the Chaoyangmen Outer Street area transforms into an open-air New Year playground. The most eye-catching are the nearly 100 “pandas” scattered throughout the block—not real giant pandas, but art installations, lanterns, pop-up IPs, and interactive photo spots inspired by various trendy characters. Top panda celebrities like Beijing Zoo’s Meng Lan, Chengdu’s He Hua, Hu Hu from the movie Panda Plan, Bing Dwen Dwen (a mascot of Beijing 2022 Olympic Winter Games), Pang Anda (a mascot of Air China), and 52TOYS’ Panda Roll, among others, have all gathered here. Additionally, over ten renowned domestic and international IPs, such as MOLLY from Pop Mart and WAKUKU from HERE, have also “traveled” here, creating a warm, healing, fun-filled, adorable universe.
Apart from trendy toy IPs, the event offers diverse Spring Festival experiences: Yingge Dance from the Chaoshan area of Guangdong Province makes its debut in Beijing, beating majestic New Year drums; folk song and dance performances from Guangxi and other ethnic areas showcase the diverse flavors of Chinese New Year. Visitors can enjoy specially crafted drinks from AI-powered unmanned beverage stations while appreciating intangible cultural heritage crafts and designer brands at the market. At THE BOX shopping mall, you can try VR tennis, visit a pet market, and interact with roaming non-player characters (NPCs) to receive red envelopes. After nightfall, lights, woven tree covers, and themed lighting effects turn the entire street into a dreamy open-air “art gallery.”
At historic sites such as Dongyue Temple and Ritan Park, Chaoyang District leverages local cultural heritage to create all-ages-friendly fairs combining exhibitions, fun activities, markets, and performances. This is not just a revival and celebration of Chinese New Year but also a cultural exchange that bridges tradition and modernity, folk customs and fashion, the local and the global.
Chaoyang’s “Trendy Temple Fair” welcomes everyone, no matter where you are from, with open arms, creative and heart-warming celebrations, inviting all to experience a Chinese New Year that is tangible, interactive, and full of surprises and happy memories.
Hashtag: #TrendyTempleFair
The issuer is solely responsible for the content of this announcement.
2025 Global Travel Management Company of the Year recognition affirms ATPI’s leadership in localised, enterprise-ready travel management
TAIPEI, TAIWAN – Media OutReach Newswire – 12 February 2026 – ATPI Taiwan continues to strengthen its position as a trusted global travel management partner for organisations operating in Taiwan, following the recognition of ATPI’s Hong Kong and Singapore operations as Global Travel Management Company of the Year at the Travel Daily Media Travel Trade Excellence Awards 2025.
Photo caption: (Left to Right) Kelly Jones, Managing Director of ATPI Taiwan; Gary Marshall, CEO of Travel Daily Media; and Ali Hussain, Managing Director of ATPI Asia, at the TDM Travel Trade Excellence Awards 2025 – Asia
The Travel Daily Media Travel Trade Excellence Awards – Asia recognises organisations demonstrating excellence in operational delivery, technology integration and service innovation. ATPI was recognised for its ability to deliver globally integrated travel programmessupported by personalised service, secure platforms and disciplined governance across complex, multi-market environments.
Building on these globally recognised capabilities, ATPI Taiwan operates as a professional travel management organisation purpose-built for multinational and technology-driven enterprises. Its local operating model addresses key structural gaps in Taiwan’s corporate travel landscape, where many providers remain leisure-focused and reliant on manual processes that limit transparency, control and scalability.
A defining differentiator is financial transparency. Unlike traditional agencies that issue a single “all-in” receipt, ATPI Taiwan provides two separate documents:
a Travel Agency Receipt detailing the net ticket fare; and
a Government Uniform Invoice (GUI /發票) clearly itemising the agreed service fee.
ATPI is currently the only travel management company in Taiwan offering this structure. The model enables procurement and finance teams to perform audit-level cost analysis, eliminates hidden mark-ups and supports compliance requirements for publicly listed, multinational and technology-led organisations.
ATPI Taiwan’s cloud-based global travel management platform integrates directly with ATPI’s worldwide traveller profile and governance framework. This enables organisations to enforce consistent travel policies, approval workflows and duty-of-care standards across Taiwan and international markets. Centralised dashboards provide real-time visibility of both Taiwan and global travel spend, supporting procurement oversight, financial control and data-driven decision-making for high-volume international travel programmes.
Data security is another critical differentiator. While traveller information in Taiwan is often collected via unsecured consumer messaging platforms, ATPI Taiwan operates in line with ATPI Global Standards and international data protection protocols. Traveller data is managed through the ATPI e-Profile platform, supported by PCI-compliant secure links for document submission and mandatory quarterly data-security training. To date, ATPI Taiwan has maintained a zero data-misconduct and zero data-leakage record.
ATPI also provides professional 24/7 global emergency support through its World Support Centres (WSC), ensuring continuity across time zones with full system access and defined escalation protocols — capabilities essential for mission-critical and time-sensitive travel.
“Our focus is on delivering enterprise-grade travel management that combines global consistency with local precision,” said Kelly Jones, Managing Director – Southeast Asia, China, Hong Kong & Taiwan, ATPI. “Clients choose ATPI not only for our global reach, but for the governance, transparency and personalised service that allow their travel programmes to operate with confidence and control.”
“These capabilities translate directly into measurable outcomes for our clients,” added Asa Yang, General Manager, ATPI Taiwan. “In one recent case, our team conducted a strategic fare analysis for a complex five-destination itinerary and identified a more cost-effective routing. Instead of retaining the price differential, we returned 100% of the savings to the client, delivering a direct saving of TWD 160,000. This reflects our commitment to financial transparency, integrity and proactive programme management.”
The dual awards further reinforce ATPI’s long-standing leadership in corporate and specialist travel management. Following ATPI’s acquisition by Direct Travel in September 2025, the combined organisation operates as a global travel management group, bringing together international scale and personalised service across corporate and complex travel sectors, including marine, energy, mining, sports and group travel. Together, Direct Travel and ATPI manage more than USD 6 billion in annual travel volume, with operations spanning over 100 countries across the Americas, Europe, Asia Pacific, Africa and the Middle East.
Market intelligence from Great South suggests the Chinese market, which has been slower to rebound since COVID, has swung strongly back this summer – particularly for Chinese New Year.
Great South General Manager Tourism and Events Mark Frood says there has been continued growth in FIT (free independent traveller) demand, meaning more rental cars and self-drive visitors than in recent years.
“Chinese New Year is longer than usual this year – a 9-day holiday period – which is spreading demand and sustaining higher volumes. Air capacity into Auckland from Chinese gateways is up 18 per cent for the Chinese New Year period, and Christchurch capacity is particularly strong, with China Southern having 29 per cent increase for summer December to March period,” Mark Frood says.
The Department of Conservation (DOC) is working alongside Great South, Milford Sound Tourism Limited (MSTL), and the Milford Road Alliance to look after Piopiotahi, support peak periods and promote safe travel.
“Located within a remote World Heritage Area with limited infrastructure, managing the peaks of Milford Sound’s visitation is key to protecting both the environment and the visitor experience,” says DOC Operations Manager John Lucas.
“Visitors are encouraged to plan ahead, come well prepared, and uphold New Zealand’s Tiaki Promise by travelling safely and caring for the environment.
“The Milford Road is stunning but it can be slow, challenging and stressful to drive, particularly at peak times. Drivers should check weather and road conditions before setting out, allow extra travel and parking time, take care, and be considerate of others,” John Lucas says.
“With high traffic volumes putting pressure on the national park, taking a guided tour or coach is a great way to reduce your footprint, travel stress-free and enjoy the incredible scenery with insights from trained guides.
“Visitor facilities are kept to a minimum in this remote, natural location. People should be prepared to take out all they bring into the park including rubbish and ensure they use the available toilet facilities.
“These small acts of naturing help protect Piopiotahi so it can be enjoyed now and into the future.”
MSTL CEO Haylee Preston says the summer season has been exceptionally busy so far, with December day cruise passenger numbers up 12,117 (13%) and overall visitation six per cent higher than peak pre-COVID levels.
“Indications are that this could be Milford Sound’s busiest summer on record, although we won’t know for sure until the end of February,” Haylee Preston says.
“We’re expecting Chinese New Year to be another peak so MSTL will have extra parking attendants on the ground to help guide traffic and visitors.
“Visitors are advised onsite parking is limited and fills quickly. Those with cruise tour bookings should allow at least two hours to travel from Te Anau and 45 minutes for parking and walking to the terminal.”
DOC continues to work with Ngāi Tahu, community and key stakeholders to deliver short and long-term improvements for conservation and sustainable tourism on the Milford journey, building on recommendations from the Milford Opportunities Project.
We can all do our bit to take care of ourselves and the nature we enjoy, uphold New Zealand’s Tiaki Promise by preparing for your trip, travelling safely and caring for the environment.
Protect nature
Piopiotahi Milford Sound is a remote and environmentally sensitive area within Fiordland National Park with many rare and unique plants and animals.
Keep your distance and don’t feed wildlife.
Remove all rubbish from of the national park.
Plan comfort stops along the way. Public toilets are available at Knobs Flat and in Piopiotahi Milford Sound.
Leave dogs and other pets at home they pose a serious threat to precious wildlife and are not permitted in a national park, even in your vehicle.
Piopiotahi Milford Sound is situated at the end of a remote alpine road in a sensitive area of dynamic geology which exposes it to a range of natural hazards. It’s important all visitors plan and prepare for their visit.
Advice for drivers
Drive with care and be prepared for potential delays during peak periods.
Fill up with fuel before departing Te Anau.
Those with cruise bookings should allow at least 2 hours for the journey from Te Anau and 45 minutes to park and walk to the boat terminal.
Onsite parking is limited, and fills up quickly.
Be considerate of others and follow the guidance of staff and signage.
Current world number one Jeeno Thitikul of Thailand won the inaugural tournament in 2018 with the champion receiving invitations to play a number of key tournaments around the world, including three majors.
New Zealand has 10 players taking part, while many others, not quite at that level, will be on course to see the best amateur players in the region.
The growth of boys golf in New Zealand is on a high and while the interest in the girls game is also on the increase, Golf New Zealand would like to see more.
There are more than 2000 under-19 female players registered in New Zealand, an increase of 450 in the past year.
Golf New Zealand’s talent development manager, Liz McKinnon, said hosting the Asia-Pacific women’s tournament here for the first time provided a great opportunity to showcase the women’s game and to help young players in New Zealand.
“There is the obvious impact for our players that are participating, but also for our girls that aren’t at that level yet about the awareness of the event being here. The exposure and the opportunity to watch the event and see the best players from the Asia-Pacific region.”
Wellington golfer Elise Barber.Supplied / WAAP
Many eyes will be on 13-year-old Wellington player Elise Barber who got a late call-up to the event.
She joins a strong New Zealand contingent that includes top-ranked Kiwi Eunseo Choi, who finished 13th at the 2025 championship, and Vivian Lu, who will make her sixth WAAP appearance.
Elise is a Royal Wellington member and WAAP (Women’s Amateur Asia-Pacific) Academy graduate and will be the youngest player in the field.
The Queen Margaret College year 9 student, who plays off a +2.3 handicap, had a strong 2025 season including winning her age division at the Australian Junior Championships. She also helped Wellington secure third at the New Zealand Women’s Interprovincial Tournament.
Glenda Swan, who managed Wellington’s interprovincial team and has watched Elise’s development, believes she could be the next big star.
“She has a really well rounded game for her age and what separates her from others her age is her consistency and composure … she is now thinking her way around the course.”
Swan has also been involved in organising the 353 volunteers needed to help the tournament run smoothly.
While the Royal and Ancient Golf Club (R&A) has control of the running of the tournament and the financing of of the players, Royal Wellington club members and the volunteers are those on the ground helping the players and the hoped-for 10,000 spectators enjoy their experience.
Swan said volunteers (aged from 11 to 87) had come from all over the country to help from traffic management to kitchen helpers, scorers and caddies.
Royal Wellington hosted the men’s equivalent tournament in 2017.
New Zealand has 10 players taking part – Eunseo Choi, Vivian Lu, Emma Zheng, Darae Chung, Caitlin Maurice, Juwon Kim, Chloe So, Cherry Lee, Teresa Wang and Elise Barber.
Jeneath Wong of Malaysia will defend her title, while there is a strong contingent from Singapore, China and Australia.
Royal Wellington Golf club house.Marty Melville / PHOTOSPORT
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
BEIJING, CHINA – Media OutReach Newswire – 11 February 2026 – As China marks Xiaonian, or Little Chinese New Year, there is growing evidence of its ancient traditions evolving into global lifestyle trends. CGTN published an article analyzing how this prelude to the Year of the Horse – from the folk ritual of “sweeping the dust” to the cross-cultural fusion of the Spring Festival Gala – illustrates China’s growing global cultural resonance.
As the lunar calendar turns its final pages, China enters a period of joyful anticipation known as Xiaonian, or Little Chinese New Year. Often celebrated as the Festival of the Kitchen God, it marks the official start of the “busy year” – a traditional term for the intense, joyful period of preparing food, cleaning homes, and shopping for the upcoming Spring Festival.
The Spring Festival is a deeply significant time for family reunion. In 2024, UNESCO inscribed the “Spring Festival, social practices of the Chinese people in celebration of the traditional Chinese New Year” onto the Representative List of the Intangible Cultural Heritage of Humanity.
While daily routines continue to evolve, they remain anchored in rituals that provide a sense of normalcy and meaning. It is perhaps no wonder that in a climate of uncertainty, traditional Chinese lifestyles are finding a new audience beyond the country’s borders, with the Spring Festival chief among those unique traditions that are fast becoming a shared human experience.
Diverse traditions, shared aspirations
In a prelude to the broader celebrations, Xiaonian, observed on February 10 and 11 this year, kickstarts a focused period of preparation. According to ancient lore, families offer Zaotang, or sticky “Kitchen Candy,” to the Kitchen God to ensure he delivers a favorable report on the household’s conduct before he ascends to the heavens. This lighthearted tradition marks the beginning of several symbolic rituals aimed at welcoming a fresh start.
A key element of this transition is donning new clothes. In Chinese culture, the New Year represents a moment when “all things are renewed,” and wearing new garments symbolizes shedding the “dust” or misfortunes of the past to embrace auspicious energy for the year ahead. Alongside this personal renewal, families nationwide engage in “sweeping the dust,” a deep-cleaning ritual to purify the home and prepare it for new blessings.
Whereas these practices are universal, celebratory flavors vary by geography. In the north, families traditionally gather over steaming plates of dumplings, whereas in the south, the menu often features sweet rice cakes (Niangao) and glutinous rice balls (Tangyuan).
As Mao Qiaohui, a researcher at the Institute of Ethnic Literature at the Chinese Academy of Social Sciences, explains, these variations highlight the inclusive nature of Chinese civilization.
“Although folk customs differ between different regions across China, this diversity reflects the cultural pluralism within the Spring Festival tradition,” she notes. “Different regional identities contribute to a shared pursuit of harmony and reunion.”
The vitality of these traditions is also evident in local craftsmanship. In northern regions like Shandong and Henan, artisans are currently making Huamo, decorated steamed buns, featuring horse designs for the upcoming zodiac year. Meanwhile, in Shuozhou, Shanxi Province, intangible heritage inheritors are carving spirited stallions onto traditional gourds. These creations reflect the regional diversity of the festival and a collective desire for progress in the year ahead.
Cultural dialogue: From global stage to daily life
The festive atmosphere is reflected further in preparations for the Spring Festival Gala (Chunwan), produced by China Media Group.
Recent rehearsals show performances meshing traditional Chinese culture with international artistry. One performance piece combines the wooden clog dance of the Hani and Lisu ethnic groups with the rhythmic tap of Spanish Flamenco and Hungarian folk dance. And with global stars like Jackie Chan and Lionel Richie on the bill, the Gala’s stage is set to become a stage for the world to come together.
The reach of the gala has expanded far beyond a domestic audience. Through the “Spring Festival Gala Prelude” events held in the United States, Russia, France, Italy, and several African nations, the program has become a gateway to Chinese New Year customs and cultural exchange.
This interest extends beyond art and into the lives of people worldwide, as seen in the #BecomingChinese trend. This phenomenon features international social media users adopting elements of Chinese daily life – such as keeping a thermos of hot water handy, wearing quilted indoor slippers or practicing mindful movement with Baduanjin exercises.
The festival is no longer a distant event but a gateway to Chinese lifestyle, rooted in ancient wellness wisdom and constantly updated by modern convenience, and the first step to a journey of exploration into a culture that values ritual, safety and hospitality.
Whether through global broadcasts or shared daily habits, the Spring Festival increasingly strengthens a sense of cultural empathy between China and the rest of the world.
MACAU SAR – Media OutReach Newswire – 10 February 2026 – Capella at Galaxy Macau has officially opened, marking the arrival of the serene enclave within the celebrated world of Galaxy Macau. This exceptional property represents a rarefied expression of hospitality within Galaxy Macau, Asia’s highly awarded luxury resort.
Mr Francis Lui, Chairman (centre); Mr Kevin Kelley, Chief Operating Officer – Macau (2nd from right); and Mr Troy Hickox, Head of Hotels & Lifestyle Development (1st from right), of Galaxy Entertainment Group and Mr Samuel Ding, Senior Vice President of Design and Technical Services (2nd from left); Ms Mei Ping, Head of China and Chairman Assistant (1st from left), of Capella Hotel Group officiate at the Opening Ceremony of Capella at Galaxy Macau.
Capella at Galaxy Macau represents the pinnacle of the luxury resort’s experiential offering. Designed for the most discerning of premium guests, the property occupies a privileged position within Galaxy Macau’s constellation of lauded luxury hotels. An ultra-residential retreat designed for the most discerning traveller; it offers privacy, expansive space, and superlative service.
The golden hued architectural landmark comprises just 95 suites and penthouses, while maintaining an exceptionally low key-count and a welcoming sense of intimacy and seclusion.
The opening of Capella at Galaxy Macau further strengthens Galaxy Macau’s status as the region’s premier experiential destination, offering guests a highly curated way to experience the dynamism of the luxury resort, and all that UNESCO World Heritage–recognised Macau has to offer.
Mr Kevin Kelley, Chief Operating Officer – Macau of Galaxy Entertainment Group delivers his welcome remarks at the Opening Ceremony of Capella at Galaxy Macau.
Kevin Kelley, Chief Operating Officer – Macau of Galaxy Entertainment Group, states: “Galaxy Macau was created as a destination where the world’s finest hospitality and ultra-luxury experiences come together. We are delighted to reveal Capella at Galaxy Macau to our treasured guests from around the world; which showcases a new expression of our signature and ever-evolving ‘World Class Asian Heart’ service – that is not just personalised but anticipated; promising that true exclusivity is no longer about spectacle – but about scarcity.”
Clive Edwards, Senior Vice President, Operations, of Capella Hotel Group adds: “This strategic partnership positions Capella at Galaxy Macau as a distinctive expression of our brand vision: an intimate, residential retreat within an integrated resort context. Our guests enjoy seamless access to Galaxy’s world-class amenities while experiencing the culturally immersive hospitality that defines Capella—from our Capella Culturists to curated experiences celebrating Macau’s rich heritage.”
Mr Samuel Ding, Senior Vice President of Design and Technical Services, Capella Hotel Group, delivers a speech at the Opening Ceremony of Capella at Galaxy Macau.
A contemporary retreat where The Gilded Jungle meets the runway
Conceived with renowned Paris-based design studio Moinard Bétaille, Capella at Galaxy Macau introduces a distinct design sensibility to the city, influenced by the jungle-inspired motifs found throughout the world of fashion, defined by craftsmanship, sophistication, and vintage luxury accents.
Imagined as a gilded jungle, the undulating exteriors draw from the formations of Macau’s tropical landscape while offering a sleek, residential interpretation of ultra-luxury. Rather than enclosed opulence, the architecture and interiors emphasise soft curves and undulating fluid forms, mirroring meandering waterways, light, airflow, the organic forms of the rainforest canopy – all brought to life with tactile materiality; creating a deeply immersive and energetically aligned experience.
Interior design studio Moinard Bétaille was tasked with creating a ‘residential sanctuary in Macau.’ From the forest-like canopy at the Ground Floor Lobby arrival and the Tree of Life, to the multi-sensory digital artwork by Laura Cheung – whose hand-finished jungle inspired walls grace every suite, Bruno Moinard has composed an environment of serenity, luxury and quiet confidence. For Capella at Galaxy Macau – a collaboration with Bruno Moinard’s creative partner, Claire Bétaille – the design duo have built on their collective commitment to bespoke luxury; creating a signature new language that builds upon culture, community, tradition, and heritage craftsmanship in a way that is both distinctive and unique. Moinard states: “Our vision was to create a sense of calm, crafted elegance, a residential sanctuary that feels both intimate and timeless, set within the extraordinary environs of Galaxy Macau.”
Gentle curves, softened edges, and dappled light that mimics sunlight filtering through a rainforest canopy guides guests from the moment they enter the driveway.
Gentle curves, softened edges, and dappled light that mimics sunlight filtering through a rainforest canopy guides guests from the moment they enter the driveway, a protected space that transitions from the pulsing energy of Macau, surrounded by lush foliage that fosters a sense of calm and privacy. In an ecosystem of light, art and nature, as one steps into the Lobby, a chamber of light and running water frame the Tree of Life – the beating heart of the Lobby that pulsates in coloured light. Round pools, lush foliage, and a mustering of carved wooden storks alight, finding their place in front of the spellbinding three-metre immersive multi-sensory LED artwork by Hong Kong artist Laura Cheung, founder of artisanal luxury homeware brand LaLa Curio. Evoking the natural rhythm of a tropical jungle, the sculptural natural forms, rocks and fire pits enable the kinetic artwork to subtly transform from dawn to dusk; connecting the interior to the passage of time outside. This digital grove “breathes” with the time of day; featuring a cacophony of ambient sounds that culminate in a nightly bloom of glowing fireflies and shooting stars. A custom-handmade tumbled glass sculpture by Czech glass masters Lasvit – ‘Splash’ – cascades over the illuminated water pools.
The arrival experience unfolds on the first floor, where guests discover the gilded Lobby layered with specially commissioned artworks. Highlights include contemporary abstract gouache and oil artworks by Bruno Moinard, alongside ceramic scholar’s rocks on Amazonite marble plinths by American ceramic artist Jason Messinger, that blend the softly-hued neutral interiors with statement pieces.
Guests are welcomed by their Capella Culturist in the Capella Living Room, a brand signature reimagined here as a cocooning social salon, before being escorted to their private residences for in-suite check-in by their personal butler. “Jungle Blue” – a Bruno Moinard abstract oil painting anchors the space in Moinard’s signature Macau Blue, a nuanced hue that echoes his interior inspiration, where water meets the jungle. Here, the Capella Culturists host daily rituals such as tea ceremonies, baijiu tastings, and cultural introductions.
The ultimate exemplar of penthouse living
Capella at Galaxy Macau delivers a rare combination of grandeur, serenity and exclusivity.
Capella at Galaxy Macau delivers a rare combination of grandeur, serenity and exclusivity. Offering the largest rooms in Southern China, the Capella Penthouses are among the most remarkable accommodations ever introduced in the territory. Two- and four-bedroom penthouses offer expansive indoor-outdoor living, with sliding glass doors opening onto breezy, light-filled terraces, sun rooms and glass-walled outdoor private infinity pools overlooking futuristic Hengqin island – where visionary engineering meets architectural finesse – achievements previously unseen in the region. Artisanship is apparent in the details, such as the penthouse entrance doors featuring bespoke woven horsehair panelling lining, offering superior acoustic protection and a refined, luxurious patina. Four-bedroom penthouses, spanning close to 700 square metres, include a private Winter Garden with its diamond-stitched leather upholstery inspired by vintage automotive seats; wellness room with state-of-the-art massage chair and TechnoGym personal training equipment, games room with foosball table, and butler pantry. A den-like, soundproofed media and entertainment room houses a state-of-the-art home theatre and karaoke system, while airy, spa-like marble bathrooms feature generous soaking tubs and ultra-spacious his and hers showers. Two-bedroom penthouses include many of the same bespoke amenities, along with a dedicated VIK (Very Important Kids) room for family travellers.
The Capella Penthouses are among the most remarkable accommodations ever introduced in the territory, each equipped with private swimming pool for the utmost sense of leisure.
One- and two-bedroom suites begin at 128 square metres and feature indoor relaxation pools, sunbeds, Amazonite marble bathrooms with mosaic floors, and polished finishes. Bedrooms are accentuated with jungle-inspired, hand-finished wall coverings by LaLa Curio, extending into canopy-like ceilings.
A heightened and singular service philosophy
Capella at Galaxy Macau brings together a union of award-winning hospitality for exceptional personalization. With Capella Hotels and Resorts voted the “No.1 Hotel Brand in the World” in Travel + Leisure’s World’s Best Awards for the third consecutive year, Capella’s globally recognised service philosophy finds a new home in the most accentuated expression of Galaxy Macau’s signature and ever-evolving World Class Asian Heart service.
Every guest enjoys 24-hour butler service, packing and unpacking of luggage, a complimentary minibar, premium Chinese tea sets, Officina Profumo-Farmaceutica Santa Maria Novella bath amenities, locally-sourced pre-batched cocktails and a Bugatti kettle and Illy IperEspresso Professional Machine for the ultimate precision-brewed coffee experience. Dedicated Capella butlers – unique to this hotel – and Capella Culturists work seamlessly together to intuitively shape each stay around individual preferences; promising that true exclusivity is no longer about spectacle – but about rarity and experience.
Culturists curate bespoke experiences connecting guests to Macau’s heritage and contemporary culture, from art tours and baijiu tastings to culinary masterclasses with Stephen Hsu, the executive chef of Capella at Galaxy Macau’s signature restaurant Botanica, or private helicopter and walking tours arranged with insider access.
A dining destination for connoisseurs
As part of Galaxy Macau’s reputation as one of Asia’s most celebrated gastronomic destinations, Capella at Galaxy Macau introduces three highly anticipated dining and bar concepts.
Pony & Plume, a whisky and cocktail bar and divan designed by Moinard Bẽtaille, reveals a haven of hidden delights and secret spaces, waiting to be revealed. Set to become a vibrant Macau destination hotspot in its own right, the bar’s name is its creed: the “pony” – a precise measure of spirit – represents intention in every pour, while the “plume” is the bar’s calling card, introduced as an aromatic cloud of smoke that infuses its signature cocktails, bar snacks and the divan experience. Home to more than 650 whiskies curated across eight flavour profiles, the venue celebrates precision, ritual, and the aroma, from rare and limited-edition bottles to guided tastings and signature smoke-infused cocktails inspired by Macau’s cultural eclecticism and morsels designed to appeal to connoisseurs and the curious alike. Featuring a cabinet of the world’s rarest unicorn whiskies, even the private reserve of whisky casks of provenance might be sighted by those in-the-know.
Botanica, a 48-seat restaurant led by Executive Chef Stephen Hsu, serves international comfort classics reimagined with Asian influences for the global palate. Light floods the tropical interiors by Moinard Bétaille, where indoor water reflections feature beneath imaginary jungle vines and a cluster of soft, pillow-like fungi stretch across the high ceilings. Ornamental glass screens and trellises add to an ambient space punctuated by climbing botanicals and sculptural works by Mexican artist Joel Escalona, creating a casual yet refined atmosphere.
Further elevating Galaxy Macau’s culinary stature, acclaimed Hong Kong chef Vicky Cheng will open an independent fine-dining restaurant within Capella at Galaxy Macau in 2026. The Michelin-starred chef and Krug Ambassador, whose Wing restaurant is ranked number three on the Asia’s 50 Best Restaurants 2025 list, is set to present modern French cuisine shaped by his distinctive and adventurous culinary vision.
Francis Lui, Chairman of Galaxy Entertainment Group, concludes: “Capella at Galaxy Macau’s architecture, service, gastronomy, and residential privacy create a singular experience for our top percentile of VIP guests, one that sets a new reference point for hospitality in Macau and globally. Our design and operations teams have worked tirelessly to bring the vision for Capella at Galaxy Macau to life in close partnership with Capella Hotel Group. Together, we have crafted the most intimate, elevated, and personalised way to experience our global entertainment and leisure resort offering; creating a true sanctuary, where every stay unfolds as a bespoke retreat, shaped by design, culture, and service at the highest level.”
Hashtag: #GalaxyMacau
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 9 February 2026 – Voicecomm Technology Co., Ltd. (“Voicecomm Technology” or the “Company”, Stock Code: 2495.HK), one of the leading enterprises in Conversational Artificial Intelligence (CoAI), is pleased to announce that it has successfully won the bid for the “South Sichuan Intelligent Valley AI Vertical Large Model Innovation Platform (川南智谷人工智能垂直大模型創新平台)- Silver Economy Construction and Operation Project” in Neijiang City, Sichuan Province. The total contract value is close to 300 million RMB, including approximately RMB 150 million for the initial platform construction costs; and approximately RMB 140 million for medium- to long-term project operation costs. This indicates that Voicecomm Technology has successfully established a full-stack service closed loop of “construction + operation”. This project marks a significant breakthrough for the Company in pioneering the new strategic track of “AI + healthcare” and represents its first replicable city-level smart elderly care benchmark project.
According to report from iResearch, as the end of 2024, China’s population aged 60 and above has exceeded 310 million, accounting for 22.0% of the total population. As the first city-level AI elderly care project, this not only affirms Voicecomm Technology’s position in the “AI + Elderly Care” sector but also signals a new trend in government investment towards smart elderly care—shifting from infrastructure construction to pursuing effective operational services.
Mr. Sun Qi, Founder and Executive Director ofVoicecomm Technology Co., Ltd., said: “China is accelerating into a phase of deep aging, and the needs of hundreds of millions of elderly people constitute a vast blue ocean. Faced with the challenges of an aging society today, we aim to leverage artificial intelligence technology to explore a new, scientifically-driven path for elderly care. The Neijiang project is our first demonstration project in the healthcare sector. Its core lies not in stacking hardware but in using AI as the engine to make elderly care services truly intelligent and smooth, thereby enhancing the quality of life and dignity of the elderly. We hope to build this project into a replicable model for more cities to learn from.”
This project is expected to become a powerful engine for activating the silver economy in Neijiang City. Guided by national Smart Elderly Care policies, the project is anticipated to drive an annual output value exceeding 1 billion RMB in the local elderly care service industry and create a large number of job opportunities. By establishing a unified smart health and elderly care service platform, the project will strive to build a “15-minute elderly care service circle,” achieving deep integration between technology and people’s livelihoods.
Since its establishment in 2005, Voicecomm Technology has been committed to the research and application of Conversational Artificial Intelligence and unified communications technologies. Its solutions cover multiple scenarios in fields such as city management and administration, automotive and transportation, telecommunications, finance, healthcare, and energy management. This successful bid once again unveils Voicecomm Technology’s commitment to promoting technological progress and social development.
Hashtag: #Voicecomm
The issuer is solely responsible for the content of this announcement.
Advances multi-typology brand expansion into more than 10 new cities in Asia Pacific and Europe, including lyf in Wellington and Ascott in Taipei
SINGAPORE – Media OutReach Newswire – 9 February 2026 – The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), signed a record 19,000 units across 102 properties in 2025, marking 27% year-on-year growth in new signings. Its asset-light expansion was led by higher-fee segments such as resorts, supported by accelerating franchise momentum and strong conversion activity. Ascott entered more than 10 new cities across Asia Pacific and Europe, growing its global footprint to over 230 cities in more than 40 countries. The company now operates and has under development more than 1,000 properties[1] with over 176,000 units globally.
Ascott marked its entry into Taipei with the signing of the 185-room Ascott Nangang Taipei, located in a prime mixed-use development within Nangang Software Park, one of the city’s premier business districts. The partnership agreement was signed by Ms Jocelyn Wang, Chairman, The GAIA Hotel and Mr Kevin Goh, Chief Executive Officer, The Ascott Limited and Lodging, CapitaLand Investment.
Mr Kevin Goh, Chief Executive Officer, Ascott, said: “2025 marked a key milestone for Ascott as we accelerated asset-light signings and strengthened revenue visibility. With these new signings, we now have the embedded income to exceed our S$500 million fee target as pipeline projects turn operational. Our flex-hybrid model and multi-typology brand strategy enable us to optimise performance for property owners across market cycles, while disciplined investments in loyalty, technology and business development position us to capture growth in higher-fee segments including resorts, branded residences, MICE (Meetings, Incentives, Conventions, Exhibitions) and wellness. I thank our global teams and partners for their continued support as we advance our ambition to be the preferred hospitality company.”
Ms Serena Lim, Chief Growth Officer, Ascott, said: “As travel evolves into a lifestyle, consumers are seeking greater flexibility and choice in how they live, work and explore. Guided by insights from our owners and guests, we have pursued a deliberate growth strategy anchored in our flex-hybrid model and a differentiated suite of flexible living offerings. We are heartened by the robust growth in 2025, driven by strong owner commitment as reflected in portfolio deals across multiple brands. Approximately 30% of new signings came from existing partners expanding with us, underscoring trust in Ascott’s platform and our ability to meet diverse traveller and resident needs worldwide.”
Strategic City Expansion In 2025, Ascott entered more than 10 new cities in Asia Pacific and Europe, including notable first properties in Wellington and Taipei, resort destinations such as Phuket, Phu Quoc and Langkawi, as well as emerging Tier-2 cities like Lucknow and Thanjavur in India.
Key milestones included the company’s expansion into New Zealand beyond its Quest franchise, with lyf making its debut in Wellington. Construction is expected to commence by the end of 2026, with the 108-room property set to transform six floors of a commercial building in the CBD, incorporating lyf’s signature social spaces and interconnected rooms for group travellers. With its strategic location in the heart of the capital’s business hub, the property embodies lyf’s experience-led social living philosophy, providing an accessible base for travellers, professionals and long-stay guests to connect with Wellington’s vibrant urban energy.
Ascott also entered Taipei, launching its flagship brand with the 185-room Ascott Nangang Taipei in Nangang Software Park, one of the city’s premier business districts. Scheduled to open in 1Q 2027, the serviced residence is part of a prime mixed-use development that also houses Taiwan Fertilizer Co., Ltd.’s headquarters and multinational companies including HP, Yahoo, Philips and Intel. It is further supported by a vibrant MICE and tourism ecosystem, with direct footbridge access to the Nangang Exhibition Centre, Taipei Nangang Exhibition Centre metro station and LaLaport shopping mall. The Nangang High Speed Rail station is also within walking distance. Designed for both short and extended stays, the property builds on Ascott’s expertise in transit oriented, mixed-use developments and supports its continued growth in the market.
Resort Portfolio Expansion Capitalising on strong leisure travel demand, Ascott’s multi-typology brand strategy drove 15 resort signings in prime locations such as Phuket, Phu Quoc, Nha Trang and Bali, expanding its portfolio in resort destinations to over 50 properties. Notable additions include the 693-unit HARRIS Resort Cam Ranh, marking the brand’s first entry into Vietnam, alongside a 250-unit lyf and a 120-unit Somerset at Lagoon City Seville, Spain, a mixed-use development anchored by an 18,000-square-metre man-made lagoon.
In 2025, Ascott expanded its branded residences portfolio by partnering with quality developers on two new properties, adding over 1,000 units. These include the 227-unit Residences at Ascott Abov Patong Phuket (pictured), adjacent to Ascott Abov Patong Phuket Resort and just 150 metres from the iconic Patong Beach.
The company also expanded its branded residences portfolio by partnering with quality developers on two new properties, adding over 1,000 units: Residences at Ascott Abov Patong Phuket, next to Ascott Abov Patong Phuket Resort, and Oakwood Premier Branded Residences Luohu Shenzhen, co-located with Oakwood Premier Luohu Shenzhen. Leveraging its hospitality expertise and brand recognition, Ascott is well-placed to deliver lifestyle-oriented residences that meet growing demand in Asia Pacific while generating fee growth. Co-locating branded residences with its hotels enhances operational and marketing synergies, diversifies revenue streams and strengthens Ascott’s value proposition to owners and investors.
Ascott’s second branded residence project in 2025, Oakwood Premier Branded Residences Luohu Shenzhen, will feature 792 residential units in the vibrant Luohu district, sharing the same building as the 450-unit Oakwood Premier Luohu Shenzhen.
Franchise Growth Momentum More than a quarter of the units signed in 2025 were under franchise agreements, supporting Ascott’s asset-light expansion. Franchise momentum in East Asia accelerated as the company strengthened its regional pipeline. Five Quest properties were secured in China through Ascott’s joint venture with Jin Jiang, alongside four franchise agreements to expand Citadines’ presence in the country. The largest franchise signing of the year was the 510-key Oakwood in Gangneung, South Korea, a resort-led development in Gangneung’s Cultural Olympic Special Zone with strong connectivity to Seoul, demonstrating Oakwood’s scalability in leisure and extended-stay markets.
In other regions, Ascott’s Quest franchise contributed five new signings in Australia, while franchise agreements for the Oakwood, Somerset and The Unlimited Collection brands in Europe and Africa further strengthened the company’s global footprint.
Conversions-led Growth Over 38% of units signed in 2025 were conversions, reflecting owners’ preference for faster, lower-risk routes to market and Ascott’s ability to execute conversions efficiently across its diversified brand portfolio. Recent conversions, including Citadines Antasari Jakarta, Oakwood Bencoolen Singapore and lyf Zhangjiang Shanghai, were completed within months of signing, demonstrating Ascott’s capability to reposition assets swiftly and accelerate revenue generation for owners.
Brand Performance and Expansion Ascott’s brands achieved milestones in scale and geographic reach in 2025. Citadines surpassed 200 properties globally with 17 new signings, boosted by its conversion-friendly positioning, while Oakwood secured 16 signings, maintaining strong owner appeal across business, leisure and extended-stay segments. Ascott’s collection brands continued their geographic expansion, with The Unlimited Collection expanding in Africa and Europe, while The Crest Collection entered the Middle East. Following the signing of The Unlimited Collection in Casablanca, Morocco, Ascott’s portfolio in the country now comprises 10 operational and pipeline properties across Casablanca, Tangier and Marrakech. This underscores Ascott’s strong momentum in Morocco, one of Africa’s most dynamic hospitality markets.
The flagship Ascott brand recorded 10 new signings, expanding its global portfolio to 87 properties including operational and pipeline assets. Notable additions include Ascott Coronation Square Johor Bahru, which secures a flagship position at the Johor-Singapore Special Economic Zone with direct connection to the upcoming Rapid Transit System Link, and Ascott Shenton Way Singapore, the brand’s third property in the city-state. Opening as a dual-format hotel and serviced residence, Ascott Shenton Way Singapore will integrate wellness-driven experiences with sustainable operations, showcasing the brand’s evolution in a prime CBD location.
[1] Includes Managed, Franchised, Leased, Owned and Other properties (including those under funds and JVs).
HONG KONG SAR – Media OutReach Newswire – 9 February 2026 – The consortium composing Centurium Capital, Temasek and True Light successfully completed the privatization of ANE (Cayman) Inc. (“ANE”). With its delisting from the Hong Kong Stock Exchange effective 4:00 PM today, ANE begins a new chapter as a privately held company.
Immediately after completion of the privatization, Centurium Capital, Temasek, and True Light indirectly hold approximately 51.78%, 17.35%, and 17.35% in ANE respectively. The remaining indirect equity interests in ANE are held by the trustee of the Equity Incentive Plans of ANE and the past shareholders of ANE that validly elected to roll over.
Mr. Michael Chen, Managing Director of Centurium Capital, said, “Building on our long-standing partnership with ANE, the completion of this privatization sets the stage for deeper collaboration and accelerated strategic execution. As the industry undergoes profound changes, moving into the private domain provides the agility and efficiency needed to navigate market changes and focus on long-term value creation. Alongside our consortium partners, Temasek and True Light, we are honoured to guide and support ANE in its pursuit of greater competitiveness and new opportunities in China’s dynamic logistics industry, and grow together with ANE’s employees and network partners.”
Ms. SHEN Ye, Deputy CEO of China, Temasek, said, “The completion of the privatization marks an important milestone as ANE embarks on a new chapter of transformation. As a global investment firm with over 20 years of experience in China, Temasek remains confident in the country’s long-term growth and the structural evolution of its logistics sector. ANE has built a high-quality national platform with a scalable franchise network and robust operational capabilities. Together with our consortium partners and ANE’s management team, we look forward to supporting the company in driving operational efficiencies and pioneering sustainable logistics solutions for the future.”
Hashtag: #ANE
The issuer is solely responsible for the content of this announcement.
The B2B cross-border trade payment market is immense, yet remain highly underserved
HONG KONG SAR – Media OutReach Newswire – 9 February 2026 – According to the World Bank, SMEs account for approximately 90% the world’s businesses and contribute 65% of the global cross-border trade. SMEs play a pivotal rolein most economies, particularly in emerging markets. Estimates from the World Trade Organization (WTO) and the Organization for Economic Co-operation and Development (OECD) suggest that B2B cross-border trade payment market for SMEs is worth approximately $20 trillion.
However, traditional commercial banks have been facing multiple challenges in serving SMEs, including strict compliance and risk control requirements, lower profit generating, and license limitations, resulting in a large unmet demand through formal financial systems.
XTransfer’s field research in emerging markets indicates that many SMEs resort to illicit settlement channels like underground banks out of necessity. In fact, the trade volume processed through these unofficial avenues could be 2 to 5 times larger than the official import and export figures.
Compared to other segments, B2B cross-border payment presents vast opportunities
In the cross-border payment industry, services can be categorised into four segments based on money flows:
Four segments in cross-border payment industry.
Marketplace 2B These businesses provide payment processing services for sellers on e-commerce platforms. Risk control is primarily based on e-commerce platform’s integrated of data streams (e.g., merchant details, logistics, transaction history). With relatively low technical barriers and compliance capabilities, the industry is highly saturated.
B2B Focused on traditional cross-border trade enterprises, this segment has huge potential but features high risk control complexity and high barriers. Payment service providers must individually verify the entire information flow pertaining to each transaction (including buyer/seller details, orders, logistics, contracts, etc.), which results in many companies attempting to enter, but few succeed.
C2C This primarily covers cross-border remittances between individuals. The overall market scale is relatively small, with limited use cases.
C2B This is the most well-established segment, dominated by cross-border payment giants such as Visa, Mastercard, PayPal, and Stripe. The market is saturated with intense competition.
As a reference, the C2B cross-border payment industry has evolved dramatically over the last five decades, especially in the past ten years. Mobile wallet providers in China, the U.S. and Europe drove the mobile payment revolution, establishing a well-established cross-border settlement and risk control platform dominated by card schemes and wallets like PayPal. The system features significant advantages, including efficient transaction processes and unified risk control standards.
In contrast, B2B cross-border payments still primarily rely on traditional bank transfers. The sector as a whole is still on the cusp of the “mobile payment revolution” and has not yet formed a unified clearing mechanism or a standardized risk control system.
The payment sector need a new platform.
However, this development gap also points to a huge market opportunity. The B2B cross-border settlement market for SMEs desperately needs a shake-up. Service providers that possess a deep understanding of global customer needs and are equipped with technological and compliance capabilities will unleash vast growth potential in this space.
Beyond Borders: XTransfer Insights is a thought-leadership series that shares XTransfer’s perspectives on the forces shaping global trade and financial services. Through research-driven insights and real-world observations, it highlights emerging trends, key challenges, and opportunities across international markets.
YAKESHI, CHINA – Media OutReach Newswire – 8 February 2026 – Changan Automobile held a release event themed “Changan SDA Intelligence Update & Global Launch of Sodium-Ion Battery Strategy” in Yakeshi, Inner Mongolia. During the event, Changan formally unveiled its global sodium-ion battery strategy and announced the commencement of its 2026 Global Testing Season.
Changan is accelerating the advancement of sodium-ion battery technology as part of its global battery strategy. Tan Benhong, Chief Brand Officer of China Changan Automobile Group, noted that Changan will continue to roll out new sodium-ion battery–equipped vehicles across multiple brands in the near future.
“From extreme conditions to everyday driving — every pursuit of limits at Changan ultimately serves to protect each of our users’ everyday journeys.” stated Mr. Tan.
Under extreme low temperatures, sodium-ion battery systems demonstrated stable discharge capability, with validation extending beyond minus 40 degrees Celsius. To verify intrinsic safety, Changan and CATL conducted extreme abuse tests exceeding national standards, including compression, nail penetration, drilling, and full cutting under full charge, all without fire, explosion, smoke, or thermal runaway.
SDA Intelligence: Validation in Extreme Conditions
The launch also showcased SDA Intelligence, which moves beyond passive safety into proactive, AI-driven vehicle stabilization. During live extreme-cold testing in Yakeshi, vehicles from AVATR and Changan brands—including the CS Series, CHANGAN DEEPAL, and CHANGAN NEVO—were subjected to real-world scenarios under severe low-temperature conditions.
The AVATR 12 completed an ice-surface emergency lane-change following a tire blowout at 80 km/h. CHANGAN NEVO Q05 identified obstacles on low-friction ice during an Adaptive Cruise Control (ACC) challenge and achieved a controlled emergency halt. CHANGAN DEEPAL L06 demonstrated rapid posture adjustments during a high-speed circular drift challenge on snow.
User-facing safety at Changan is built on a validation-first approach supported by a robust verification system and globally advanced laboratory infrastructure, including the Western Automotive Proving Ground and the CHANGAN SDA Lab, enabling comprehensive, all-scenario validation across the full vehicle lifecycle.
Yakeshi is only the starting point. The 2026 Global Testing Season will include Southeast Asia for high-humidity durability and the European Alps for high-altitude chassis tuning. In Eurasia, Changan will conduct winter testing centered on confidence in ice and snow, with AVATR 12 as the test vehicle. In Latin America, Changan will carry out a Mexico cross-country drive from Cancun to Merida, focusing on long-distance reliability.
Hashtag: #Changan
The issuer is solely responsible for the content of this announcement.