日期: 2026年5月19日
Your Go-To Travel Checklist for Smarter, Reward-Focused Travel Planning
SINGAPORE, May 15, 2026 - (ACN Newswire) - Travel goals often begin as ideas scribbled in a notebook or saved Instagram posts but turning them into real experiences can take thoughtful planning. One practical way travellers in Singapore explore these goals is by understanding how Travel Credit Cards can fit into their overall travel checklist. When used mindfully, the right card rewards can help reduce travel-related expenses and make trips feel more achievable. From flights and accommodation to daily spending abroad, a structured approach can help travellers make the most of what they already spend. This checklist is designed to help review travel plans and see how card rewards can support those goals in a realistic, manageable way. Define Your Travel Goals Clearly Clear travel goals provide direction and make planning feel less overwhelming. Instead of a vague plan to "travel more," it helps to identify destinations, timelines, and travel styles. For instance, a short regional trip to Bangkok or Bali may involve different costs and priorities compared to a longer holiday to Europe or Australia. In Singapore, a return flight within Southeast Asia can range between SGD 200 and SGD 500, while long-haul flights may cross SGD 1,200. Understand How Travel Rewards Fit Into Your Plans Travel rewards work best when they match existing spending patterns rather than forcing new habits. Many Travel Credit Cards in Singapore offer reward points or miles on everyday categories, such as dining, online shopping, and transport. Over time, these points can help offset flight bookings or hotel stays. This makes it easier to assess how everyday spending may contribute to future travel plans. Track Your Expenses and Reward Potential Tracking spending is an important part of reviewing how realistic travel goals are. Monthly expenses, such as groceries, utilities, and subscriptions, often total between SGD 1,500 and SGD 2,500 for many households in Singapore. When these expenses are channelled through cards offering travel rewards, points can accumulate gradually. Keeping a simple monthly record can also highlight which categories generate the most rewards. Check Reward Redemption Options and Flexibility Not all rewards work the same way, so you should review redemption options. Some cards allow points to be converted into airline miles, while others offer travel vouchers or statement credits for travel bookings. Flexibility matters, especially for travellers who prefer multiple airlines or travel dates. Understanding the terms and conditions of rewards also helps clarify what is actually usable for your plans. Review Travel-Related Benefits Beyond Rewards Many Travel Credit Cards come with additional benefits, such as airport lounge access, travel insurance coverage, or discounts on hotel bookings. For example, complimentary lounge access at Changi Airport can help reduce pre-flight expenses, where meals alone may cost SGD 20-40. These features may be useful for travellers who value comfort and convenience alongside rewards. Plan for Overseas Spending and Currency Costs Overseas spending is an important part of any travel checklist, especially when travelling frequently. Foreign currency fees often range between 2.5% and 3.5% per transaction, which can add up quickly on longer trips. Some travel-focused cards offer lower foreign currency fees or bonus rewards for overseas spending. This is worth reviewing before choosing a card for regular use abroad. Review Annual Fees Against Real Value Annual fees are an important consideration when reviewing travel-related cards. In Singapore, annual fees for Travel Credit Cards can range from SGD 150 to SGD 500. While higher-fee cards often come with more generous rewards or perks, the value depends on individual travel frequency. A traveller taking one or two trips a year may find sufficient value in mid-range options. Reviewing fee waivers, renewal bonuses, and reward redemption potential can give a clearer picture of overall value. Turning Plans Into Meaningful Travel Experiences Travel planning does not have to feel complicated or financially overwhelming. With a clear checklist and realistic expectations, travellers in Singapore can review how everyday spending aligns with their travel goals. Travel Credit Cards, when chosen thoughtfully, can help make trips more accessible by offsetting certain costs and adding convenience. The key lies in understanding rewards, tracking progress, and revisiting goals regularly. Disclaimer: This content is published by iQuanti Singapore Pte. Ltd., an external marketer engaged and compensated by UOB Ltd. Contact Information: Name: Sonakshi Murze Email: Sonakshi.murze@iquanti.com Job Title: Manager SOURCE: iQuanti
EN_【Press Release】China XLX Announces 2026 Q1 Results
EQS Newswire / 17/05/2026 / 14:04 UTC+8 Press Release (For immediate release) China XLX’s Net Profit Surged by 68.7% YoY in Q1 2026 Simultaneous growth in sales volume and selling price of core products driven by optimised product mix and accelerated transformation and innovation of marketing model Q1 2026 Results Highlights: Revenue grew by 16.7% YoY to approximately RMB 6.82 billion. Net profit surged by 68.7% YoY to approximately RMB 421 million and profit attributable to owners of the parent company climbed by 51.7% YoY to approximately RMB 300 million, The economies of scale became increasingly evident as new capacity came on stream in an orderly manner. Overall gross profit grew by 53.2% YoY to approximately RMB 1.28 billion. Investment pace was precisely managed, with the ratio of long-term to short-term debt staying at 8:2 and short-term loans decreasing by 9% YoY. (17 May 2026, Hong Kong) China XLX Fertiliser Ltd. (“China XLX” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) (stock code: 01866.HK) announced that the Group’s revenue for the quarter ended 31 March 2026 grew by 16.7% year-on-year to approximately RMB 6.82 billion. Net profit for the period surged by 68.7% year-on-year to approximately RMB 421 million and net profit attributable to owners of the parent company climbed by 51.7% year-on-year to approximately RMB 300 million. During the period under review, the overall operating environment of the fertiliser industry steadily improved amid strong agricultural demand and favorable raw material costs. The Group capitalised on the opportunities emerging in the market to ramp up R&D of differentiated high-efficiency fertilisers, optimise the product mix and increase the proportion of high value-added products in overall production and sales, leading to steady growth in average selling prices of products. Meanwhile, it accelerated the transformation and innovation of marketing model, made continuing efforts to expand both of domestic and international sales channels, and seized global trade opportunities to boost the export of chemical products. As a result, the sales volumes of core products grew in tandem with selling prices. With the successful commissioning of the Jiujiang Phase II Project, the Group’s new capacity came on stream in an orderly manner. As the economies of scale became increasingly evident, unit production costs further reduced and resulted in 53.2% year-on-year growth in overall gross profit to approximately RMB 1.28 billion. These achievements laid a solid foundation for the improvement in the Group’s financial results. In the first quarter of this year, revenue from urea sales increased by 27.6% year-on-year to approximately RMB 1.96 billion. The commencement of operation of the Jiujiang Phase II Project drove the robust growth in urea output from the previous year with the urea sales volume increased by 21.4% year-on-year for the period. As downstream customers stocked up in advance, the inventories reduced by 19% year-on-year, hence lending strong support to urea price hikes. At the same time, the Group further optimised the product mix and increased the sales proportion of high-efficiency urea with higher margins. As a result, the average selling price of urea increased by 5.2% year-on-year. Moreover, the commissioning of the Jiujiang Phase II Project lowered the fixed cost per tonne coupled with roughly 9% reduction in feedstock costs, the gross profit margin of urea for the period climbed by 10 percentage points year-on-year to 27%. During the review period, revenue from compound fertiliser sales amounted to approximately RMB 1.69 billion, up by 8.7% year-on-year. With the successful implementation of marketing transformation strategy, the Group’s marketing network for compound fertilisers expanded to all 31 provincial-level administrative regions across China. While approximately 7,000 new exclusive distributors were added, the coverage rate of the Group’s sales network reached 91%. In addition, existing distributors delivered steady business growth. As a result, the sales volume of compound fertilisers for the period saw 8.2% year-on-year growth. Because the proportion of ordinary fertiliser sales was seasonally higher in the first quarter and the market supply was largely balanced, the average selling price of compound fertilisers for the period remained stable. Nevertheless, as the tight supply of potash and phosphate fertilisers drove up the feedstock costs, the gross profit margin of compound fertilisers slightly retreated by 1.9 percentage points year-on-year to 12%. During the peak period of project investment, the Group will precisely control the investment pace and balance capital expenditures with financial risks to ensure stable cash flow. Its overall leverage remains controllable with a well-structured debt profile. All key financial indicators remain strong and keep on improving. As of the end of the period under review, the Group’s debt-to-asset ratio was 67.9%, slightly up by 1.9 percentage points from the beginning of the period. The ratio of long-term to short-term debt stayed at 8:2 and short-term loans decreased by 9% year-on-year, hence freeing up approximately RMB 1.4 billion in working capital. The average interest rate on new loans for the period decreased by 0.18 percentage points from the previous year and was maintained within 2.86%. As for the project development, the new chemical material project at the Xinjiang Production Base commenced the trial run with all indicators performing well. The urea production facility with annual capacity of 700,000 tonnes is scheduled to put into operation in the second quarter of this year. The development of the Zhundong Project (Phase I) is progressing as planned and it is slated to commence operation by the end of this year. The Guangxi Project (Phase I) is expected to put into production in the third quarter of next year. This project is aimed at addressing the capacity shortage of new nitrogenous fertilisers in Guangdong and Guangxi. With an easy access to the Pinglu Canal, it will enhance the transport efficiency at lower costs and will enable the Group to effectively expand into the Southeast Asia market. Looking ahead into the second quarter, Mr. Liu Xingxu, Chairman of China XLX, said: Underpinned by the peak planting season, domestic urea prices are expected to remain firm and stable in general. However, due to ample supply and other factors, there is limited room for further price increases. If the export controls are relaxed after the spring planting season, urea prices may see periodic price fluctuations. Meanwhile, coal-based producers are poised to benefit from geopolitical conflicts and the competitive landscape in the industry will continue to improve. Facing a complex market environment, the Group will reinforce its competitive edges through technological innovation, production iteration, marketing model transformation, the promotion of digital intelligence transformation and green low-carbon high-quality development. ~ END ~ About China XLX Fertiliser Ltd. China XLX Fertiliser Ltd. is one of the largest and most cost-efficient coal-based urea producers in China. It is principally engaged in developing, manufacturing and selling of urea, compound fertiliser, methanol, dimethyl ether, melamine, furfuryl alcohol, furfural, 2-methylfuran, pharmaceutical intermediates and related differentiated products. The Group adheres to the development strategy of “maintaining overall cost leadership and creating competitive differentiation" while strengthening the core fertiliser operations. With support of the resources in Xinxiang, Xinjiang and Jiangxi, it extends the value chain to upstream new energy and new materials and diversifies into coal chemical related products. The Company’s shares (stock code: 01866.HK) are traded on the main board of the Hong Kong Stock Exchange. Investor and Media Enquiries China XLX Fertiliser Ltd. Gui Lin Tel: 86-135-6942-3415 Email: gui.lin@chinaxlx.com.hk PRChina Limited David Shiu / Liky Guo Tel: 852-2522 1368 / 852-2522 1838 Email: dshiu@prchina.com.hk lguo@prchina.com.hk 17/05/2026 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
SHK Capital Partners 与 Pinegrove Credit Partners 达成战略合作 拓展亚洲投资者投资创投债务的渠道
EQS 新闻 / 2026-05-18 / 12:58 UTC+8 SHK Capital Partners（「SHKCP」）与 Pinegrove Credit Partners今日宣布达成战略合作伙伴关系，以拓展亚洲投资者参与创投债务（Venture Debt）的投资渠道，并为投资者提供涉足高增长科技及创新驱动型行业的投资机会。 此次合作结合 Pinegrove Venture Partner (「Pinegrove」) 在创新经济领域的深厚专业知识，以及 SHKCP 在亚洲广泛的网络资源及其于另类投资方案方面的卓越往绩。创投债务已成为成长阶段的科技、生命科学及医疗保健企业扩展业务的重要融资方案，既能助力企业扩充规模，亦保障创始团队的股权及维持资产负债表的灵活性。是次合作的重点在于为亚洲机构及私人投资者提供与该新兴资产类别投资理念相契合的解决方案，并支持创新经济中高增长企业的创投债务融资需求。 SHKCP为新鸿基公司旗下另类投资方案业务分支。新鸿基公司（香港上市股份代号: 86）是香港领先且卓越、并以自有资本驱动的的另类投资平台，在另类投资和资产管理领域的专业实力广受认可。Pinegrove Credit Partners 为 Pinegrove旗下的创投债务及私募信贷业务分支，Pinegrove获得Brookfield 及 HRTG Partners支持，淡马锡亦为其基石投资者之一。 Pinegrove 与第一公民银行（First Citizens Bank & Trust）旗下硅谷银行（Silicon Valley Bank，SVB）维持长期战略合作关系，大幅强化其于创投生态圈发掘优质贷款项目、信贷审批并投放贷款的能力。自2012年以来，Pinegrove 旗下基金已累计投放逾45亿美元，为超过450家成长期企业提供约580笔贷款。 新鸿基公司副行政总裁 Tony Edwards 表示: 「创投债务是一个发展日趋成熟的资产类别，具备吸引的经风险调整回报潜力。与 Pinegrove 这一顶尖平台合作，将进一步增强SHKCP 作为亚洲优质资本与全球创新主导企业之间桥梁的能力。作为 Pinegrove Credit Partners 的战略合作伙伴及投资者，我们致力持续为客户及合作伙伴拓展更多优质另类投资方案，同时支持新一轮全球创新发展。」 Pinegrove Credit Partners 管理合伙人兼负责人 Jim Ellison 表示： 「我们的平台建立在与创投生态系统内的深厚人脉与网络资源之上，这使我们能够实现差异化的项目发掘和严谨的资本投放。与 SHKCP 的合作，让我们能依托一个投资理念一致且业务基础扎实的另类投资平台，深入拓展亚洲市场。我们期待双方携手，为成长阶段企业提供灵活的融资解决方案，同时为亚洲投资者创造稳健且具吸引力的经风险调整回报。」 – 完 – 关于Pinegrove Credit Partners Pinegrove Credit Partners 是 Pinegrove Venture Partners (「Pinegrove」) 旗下的创投债务与私募信贷业务分支。 Pinegrove 获得 Brookfield 及 HRTG Partners 支持，管理资产规模超过 120 亿美元，是横跨创新经济领域的多元化创投投资平台，旗下业务包括：创投债务（Pinegrove Credit Partners）、基金初级与共同投资（Pinegrove Strategic Partners），以及创业二级市场（Pinegrove Opportunity Partners）。 如欲进一步了解 Pinegrove Credit Partners，请发送电邮至 info@pinegrove.vc。 关于新鸿基有限公司及Sun Hung Kai Capital Partners Limited「SHKCP」 Sun Hung Kai Capital Partners Limited「SHKCP」成立于2020 年，是新鸿基公司旗下受香港证监会监管的附属公司，持有第1、4 和9 类牌照。 新鸿基有限公司（「新鸿基公司」，香港上市股份代号: 86）是一家总部位于香港、以自有资本驱动的另类投资平台。自1969年成立以来，新鸿基公司凭借深厚的财富管理根基，透过以有限合伙人及普通合伙人身份，投资于多个另类资产类别，包括对冲基金、私募股权、私募信贷及各类实物资产等，打造出独特的投资实力，并持续缔造稳健的长期经风险调整回报。截至2025年12月31日，新鸿基公司持有总资产约387亿港元，总资产管理规模*达246亿港元（约32亿美元），过去三年年均增长率达81%。 如欲了解更多关于SHKCP的信息，请浏览 www.shkcapital.com或关注公司领英。 如欲了解更多关于新鸿基公司的信息，请浏览 www.shkco.com或关注公司领英。 *「总资产管理规模」指由SHKCP所管理、咨询、分销或以其他方式提供服务的资产总值，亦包括由种子合作伙伴及新鸿基公司拥有股权的管理人之资产。详情请参阅新鸿基公司网站及我们的年报。此计算方法与监管申报之资产管理规模有所不同。 请注意，本新闻稿包含前瞻性陈述。该等陈述可能包括有关 SHKCP 及新鸿基公司的说明性预测、预估或期望，惟任何所作出的预测或预估概不保证将会实现。 媒体查询，请联络： 汇思讯 电邮：shk@christensencomms.com
SHK Capital Partners and Pinegrove Credit Partners Enter Strategic Partnership to Expand Asia Investor Access to Venture Debt
EQS Newswire / 18/05/2026 / 12:58 UTC+8 SHK Capital Partners (“SHKCP”) and Pinegrove Credit Partners today announced a strategic partnership to broaden Asian investor access to venture debt investment solutions. The collaboration aims to offer investors with exposure to high-growth technology and innovation-driven sectors. The partnership brings together Pinegrove Venture Partner’s (“Pinegrove”) deep expertise in the innovation economy and SHKCP’s extensive Asian network and proven track record in alternative investment solutions. Venture debt has emerged as an increasingly important financing solution for growth-stage technology, life sciences and healthcare companies to scale while preserving ownership and balance sheet flexibility. The collaboration focuses on providing Asian institutional and private investors with an aligned approach to this evolving asset class, while supporting the venture debt financing for high-growth companies in the innovation economy. Sun Hung Kai Capital Partners is the alternative solutions arm of Sun Hung Kai & Co., a leading, preeminent Hong Kong-based (SEHK: 86), principal-led alternative investment platform recognized for its expertise in alternative investments and asset management. Pinegrove Credit Partners, the venture debt and private credit arm of Pinegrove, is backed by Brookfield and HRTG Partners, with Temasek serving among its anchor investors. Pinegrove maintains a long-standing strategic relationship with Silicon Valley Bank (SVB), a division of First Citizens Bank & Trust, which enhances its ability to originate and underwrite high-quality loans within the venture ecosystem. Since 2012, Pinegrove’s funds have deployed over $4.5 billion across 580 loans to more than 450 growth-stage companies. Tony Edwards, Deputy CEO of SHK & Co.: "Venture debt is a rapidly maturing asset class with compelling risk-adjusted return potential. Partnering with a premier platform like Pinegrove strengthens SHKCP’s ability to serve as a well-aligned conduit between sophisticated Asian capital and the world’s most innovation-led businesses. As a strategic partner and investor in Pinegrove Credit Partners, we are committed to expanding the breadth of high-quality investment solutions to our clients and partners while supporting the next wave of global innovation." Jim Ellison, Managing Partner and Head of Pinegrove Credit Partners: "Our platform is built on deep connectivity across the innovation ecosystem, enabling differentiated origination and disciplined underwriting. Partnership with SHKCP extends our reach into Asia through an established alternative investment platform with an aligned investment approach. We look forward to working together to provide flexible financing solutions to growth-stage companies while delivering attractive, risk-adjusted outcomes for investors in the region." – End – About Pinegrove Credit Partners Pinegrove Credit Partners is the venture debt and private credit business of Pinegrove Venture Partners (“Pinegrove”). Backed by Brookfield and HRTG Partners, and with over $12 billion of assets under management, Pinegrove operates as a diversified venture investment platform operating across the innovation economy, that includes: venture debt (Pinegrove Credit Partners), fund primaries and co-investments (Pinegrove Strategic Partners), and venture secondaries (Pinegrove Opportunity Partners). For more information on Pinegrove Credit Partners, please email info@pinegrove.vc. About Sun Hung Kai Capital Partners and Sun Hung Kai & Co. Sun Hung Kai Capital Partners Limited (“SHKCP”) is a Hong Kong SFC regulated subsidiary of Sun Hung Kai & Co. Limited ("SHK & Co.", SEHK: 86), with Type 1, 4 and 9 licenses. Sun Hung Kai & Co. Limited is a principal-led alternative investment platform based in Hong Kong. Since 1969, with its roots in wealth management, SHK & Co. has built a unique investment capability by investing across a wide range of alternative asset classes, both as a limited partner and investing in general partnerships, within hedge funds, private equity, private credit, and various real assets, consistently generating solid long-term risk-adjusted returns. As at 31 December 2025, SHK & Co. held approximately HK$38.7 billion in total assets, with total assets under management (Total AUM*) of HK$24.6 billion (~US$3.2 billion), reflecting 81% per annum growth over the past three years. For more information about SHKCP, please visit: www.shkcapital.com / follow us on LinkedIn. For more information about SHK & Co., please visit: www.shkco.com / follow us on LinkedIn. * “Total AUM” refers to the total value of assets managed, advised, distributed or otherwise serviced by SHKCP, and also includes assets managed by seeding partners and external managers in which SHK & Co. has equity stakes. For details, please refer to the SHK & Co. website and our annual report. This AUM methodology differs from that of the AUM in SHKCP’s regulatory filings. Please note that this press release contains forward-looking statements. Such statements may include illustrative projections, forecasts, or expectations regarding SHKCP and SHK & Co., and there is no guarantee that any projections or forecasts made will come to pass. For media enquiries, please contact: Christensen Advisory Email: shk@christensencomms.com
Carbonverse Pioneers a New Ecosystem of “Carbon Assets + Digital Wallet + Use-to-Earn”
- Carbonverse Partners with Joint Venture to Build a Closed-Loop Green Value System for the Consumer Market HONG KONG, May 18, 2026 - (ACN Newswire) - Recently, Carbonverse Limited and Wanel Capital Limited officially signed a cooperation agreement to establish a joint venture. Centered on three core pillars—carbon assets, digital wallets, and the "use-to-earn" (utility mining) model—the joint venture will integrate technical strengths with real-world scenarios. This initiative aims to drive carbon assets out of the industrial sector and directly into the consumer market, building a future-ready green value ecosystem. Carbonverse possesses mature practices and full-stack capabilities in carbon asset management, green finance scenario implementation, and carbon credit trading. Leveraging this partnership, the platform will further strengthen its digital wallet underlying technology, security systems, and development capabilities, creating an innovative infrastructure that deeply integrates "carbon assets + digital wallets + use-to-earn." Mr. Liang Liang, Chairman of Carbonverse, stated that this collaboration marks a critical milestone in executing the company's core strategy, following the successful completion of Carbonverse's underlying carbon asset layout and strategic tool systems. With carbon assets acting as the core vehicle, the top-level design will systematically dismantle three traditional barriers: - Breaking Scenario Barriers: Moving carbon assets beyond the traditional To-B (Business) and To-G (Government) sectors, allowing them to penetrate the mass consumer (To-C) market. Through the "use-to-earn" model, Carbonverse will cover everyday scenarios such as EV charging, commuting, smart homes, and health appliances, completing a pivotal leap for the carbon economy from industrial markets to consumer markets. - Breaking User Barriers: Building a unified entry point and asset closed-loop via a green digital wallet. This will enable the monetization of user attention and behavioral value, fostering deep integration and seamless value interoperability between the online digital ecosystem and offline private domain users. - Breaking Technology & Ecosystem Barriers: Seizing the historic opportunity where AI reshapes the global industrial landscape to construct a future-proof, three-in-one core competitiveness powered by carbon computing power, attention data, and intelligent operations. Under this strategic framework, the joint venture will leverage the large-scale circulation of carbon assets across online consumer platforms to establish highly efficient pricing and liquidity capabilities. Simultaneously, through innovative operational models—such as use-to-earn mechanisms, carbon blind boxes, and IP co-branded ecosystems—the platform will cultivate high-value, high-stickiness, and high-LTV (lifetime value) user assets. This will establish a virtuous cycle driven by data monetization, attention monetization, time monetization, and community value feedback. Looking ahead, Carbonverse will continue to deepen its strategic tools and ecosystem deployment. By deeply integrating artificial intelligence, Carbonverse aims to make AI a vital engine driving the convergence and innovation of the carbon ecosystem, digital assets, private domain value, and green finance, ultimately expanding its strategic runway for the future. About Carbonverse Carbonverse Limited, a subsidiary of C Dimension, is an innovative platform specializing in carbon asset digitalization and green initiatives. The company is dedicated to driving the transformation of carbon assets from mere compliance tools into premium financial assets, building a next-generation green consumer carbon ecosystem powered by use-to-earn mechanisms, generalized carbon inclusion, and attention monetization.
‘Hong Kong Cinema @ CANNES 2026’: Hong Kong’s role as a bridge between global and Asian film markets
Goal: to deepen industry exchange and expand co production and investment opportunities Cannes, France, May 18, 2026 - (ACN Newswire) - “Hong Kong Cinema @ CANNES 2026”, jointly organised by the Cultural, Sports and Tourism Bureau (CSTB) of the Hong Kong SAR Government, the Hong Kong Film Development Council (FDC), the Cultural and Creative Industries Development Agency (CCIDA), and the Hong Kong Trade Development Council (HKTDC), is held at the Cannes Film Festival from 12 to 23 May. Exhibitions, industry seminars, business matching meetings, project pitching sessions and networking activities are organised to promote cross-regional co-production opportunities while underscoring Hong Kong’s role as an East-meets-West centre for international cultural exchange and a regional intellectual property (IP) trading hub. It also showcases the strength and creative diversity of Hong Kong’s film industry to the global screen community. “Hong Kong Night” enhances international industry exchange As a highlight of “Hong Kong Cinema @ CANNES 2026”, “Hong Kong Night” was held on 16 May at Majestic Beach in Cannes, bringing together around 600 international film professionals, including producers, distributors, investors and film promotion organisations. The event connected these global industry players with Hong Kong exhibitors, emerging producers, and Hong Kong actors Carlos Chan and Natalie Hsu, as well as winning teams of the FDC’s Content Development Scheme for Streaming Platforms, creating valuable opportunities for international exchange and discussions on collaboration. The Hong Kong Pavilion: industry strengths help expand global collaboration The Hong Kong Pavilion is staged at the Marché du Film, featuring a strong line-up of Hong Kong film production and distribution companies, including Edko Films, Emperor Motion Pictures, Entertaining Power, Media Asia Film, and One Cool Film. Other participating Hong Kong film companies include Fortune Star Media, Golden Network Asia, Mandarin Motion Pictures, and Blast Films. Exhibitors feature a range of latest and upcoming productions, including Edko Films’ Cold War 1994; the Chinese film Under Current, the top opening box office title of 2025; Entertaining Power’s The Fruitless Tree; Media Asia Film’s Twilight of the Warriors: The Final Chapter; and One Cool Film’s crime action film The Trier of Fact. These feature film projects have attracted producers, investors and distributors from different countries and regions, facilitating in-depth discussions on Hong Kong cinema’s latest creative trends, production strengths and international co-operation opportunities. Anna Cheung, Assistant Executive Director of the HKTDC, said: “By co-organising ‘Hong Kong Cinema @ CANNES 2026’ once again with the CSTB, FDC and CCIDA during the Cannes Film Festival, the HKTDC helps the Hong Kong industry follow up on projects discussed at the Hong Kong International Film & TV Market (FILMART) held in March, and brings Hong Kong original works to overseas markets. We also support international screen productions in entering the Asian market via Hong Kong, reinforcing the city’s role as a vital bridge connecting Asian and the global markets.” Participating companies said the Hong Kong Pavilion provides a highly effective platform for meetings with international buyers. Many participants received enquiries and collaboration invitations and say that “Hong Kong Cinema @ CANNES 2026” significantly raises the profile of Hong Kong cinema internationally, making it a key gateway for market expansion. Grace Chan, Head of Distribution at Entertaining Power Co. Limited said, "I bring the family-drama-themed title ‘The Fruitless Tree’. It is very important for me to meet every programmer from different film festivals. This is a really good bridge for us to come here and present a movie to everyone in the market especially film festival programmers." Vanessa Lo, Vice President of Sales and Distribution at Media Asia, said: “Media Asia joined the Hong Kong Pavilion at this year’s Cannes market to seek partners for ‘Twilight of the Warriors: The Final Chapter’, and successfully established partnerships with buyers from multiple territories including France, Germany, Singapore and Vietnam, many of whom had previously collaborated on ‘Walled In’.” Mark Shaw, Director of Shaw Organisation, and Hang Trinh, Chief Executive Officer of Skyline Media, said: “The success of the ‘Twilight of the Warriors’ franchise stems from its strong cast, distinctly Hong Kong storytelling, and continued global demand for Hong Kong action cinema.” Exploring Asian film markets and seizing global opportunities A series of industry seminars and exchange activities were also organised during the event. At the seminar titled “Capital Flows & Co-Production Opportunities in Hong Kong, Asia and Beyond”, speakers shared insight into funding trends and co-production opportunities in Hong Kong and Asian film markets. Another seminar, “Hong Kong Power: The ground-breaking AI ecosystem building cinema, technology and research”, featured representatives from Mei Ah Entertainment and The Hong Kong Academy for Performing Arts, who discussed the development of artificial intelligence (AI) in film creation, production workflows and talent development. The session also explored how Hong Kong can foster cross-regional and cross-sector collaborations by integrating industry, academia and research, alongside the rapid advancement of AI technologies. The newly introduced “Spotlight on Hong Kong: Pitching Session” starred five emerging Hong Kong producers and their latest film projects. Award-winning teams of the FDC’s Content Development Scheme for Streaming Platforms also participated, with three winning producers — Kingman Cho, Li Ling Long and Tsang Tsui Shan — sharing updates on their projects. These sessions facilitated in-depth exchanges between the Hong Kong delegation and producers from different countries and regions on creative visions, production experience and collaboration models, with the aim of nurturing the next generation of Hong Kong film talent and enhancing their competitiveness in the international market. “Hong Kong Cinema @ CANNES 2026” also introduced its first-ever business matching meetings, connecting the Hong Kong delegation with overseas producer delegations led by international organisations. Participating international organisations included returning partners from Producers Connect @ FILMART 2026, such as Cinecittà from Italy, the Film Development Council of the Philippines (FDCP), ICEX Spain Trade and Investment and the Korean Film Council (KOFIC), as well as new partners including Telefilm Canada, CNC (France), Cinema do Brasil, Medienboard Berlin-Brandenburg GmbH from Germany, and Saudi Arabia’s Red Sea Fund. These meetings have deepened long-term collaboration between Hong Kong and international institutions, while promoting co-production and partnership opportunities between filmmakers worldwide and Hong Kong. Photo download: https://bit.ly/3Puddnp “Hong Kong Night” brought together around 600 filmmakers, investors, distributors, and industry representatives from around the world, and featured the attendance of actors Carlos Chan (far left) and Natalie Hsu (second left) Under Hong Kong Cinema @ CANNES 2026, a Hong Kong Pavilion was set up, attracting a wide range of Hong Kong film production and distribution companies to showcase their latest and upcoming productions, while exploring collaboration opportunities with the global film and television industry Vanessa Lo, Vice President of Sales and Distribution at Media Asia, and Hang Trinh, Chief Executive Officer of Skyline Media, collaborated once again for the distribution of ‘Twilight of the Warriors: The Final Chapter’ The seminar “Capital Flows & Co-Production Opportunities in Hong Kong, Asia and Beyond” examined capital trends and co-production opportunities in the Hong Kong and Asian film markets The seminar “Hong Kong Power: The groundbreaking AI Ecosystem building cinema, technology and research” featured representatives from Mei Ah Entertainment and the Hong Kong Academy for Performing Arts, who shared insight into the application and future development of artificial intelligence (AI) in film creation, production processes, and talent development The “Spotlight on Hong Kong: Pitching Session” highlighted five featured Hong Kong producers and their latest film projects, and announced the winning teams of the Content Development Scheme for Streaming Platforms previously launched by the Hong Kong Film Development Council Media enquiries HKTDC’s Communications & Public Affairs Department: Serena Cheung Tel: (852) 2584 4272 Email: serena.hm.cheung@hktdc.org About HKTDC The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels.
Vaiz introduces agile project management tools as teams leave Jira for simpler alternatives
Limassol, Cyprus – May 19, 2026 – (SeaPRwire) – Vaiz, the Limassol-based maker of a unified workspace for tasks and documents, is putting its agile project management tools in front of teams that have adopted agile in principle but find themselves buried in the ceremony that comes with it. Seventy-four percent of organizations now run on agile or hybrid agile approaches, according to Digital.ai’s 18th State of Agile Report — but adoption and effectiveness are two different things. In 2026, the question is no longer whether agile matters. It is whether the tools teams use to run it are helping them ship faster or just making the process more visible. The ceremony problem Most agile tools were designed to manage agile processes: sprint boards, story point estimation, velocity charts, burndown reports, retrospective templates. The tools are thorough. They are also, for many small and mid-sized teams, exhausting. Configuring Jira to run a ten-person team requires the kind of admin investment that makes sense for a fifty-person engineering org. Running Scrum ceremonies across three different tools — a sprint board in one place, specs in another, retrospective notes in a third — means teams spend their energy on coordination instead of delivery. Vaiz ships with a ready-to-use Scrum template that covers the full sprint rhythm out of the box: nine columns including a dedicated Ceremonies lane for planning, standups, reviews, and retrospectives, plus a Sprint Results area to keep outcomes visible across cycles. WIP limits on active stages prevent overload. Sprint Number, Estimated Time, and Logged Time fields let teams track capacity and spot the gap between planning and reality — without over-engineering the process. Engineering task categories cover Frontend, Backend, API, DevOps, UI/UX, and more. No admin required to get started. Teams comparing the two platforms directly can see a full breakdown at vaiz.com/compare. Why agile teams are choosing Vaiz Every task in Vaiz contains a native document editor capable of holding user stories, acceptance criteria, technical specs, and decision logs directly alongside the work. When a developer picks up a sprint item, the context is already there — no Confluence tab, no “where did we put that spec” in Slack. GitHub and GitLab integrations pull requests, branches, merge requests, and commits onto the task itself, so sprint traceability happens without manual status updates. The built-in AI assistant turns sprint goals into task breakdowns, drafts plans from briefs, and compresses long comment threads into action items the team can actually act on. For engineering teams working with AI-assisted development, Vaiz exposes a native MCP endpoint that lets Claude, Cursor, and other compatible assistants read and write directly into the workspace — no manual copy-paste between tools. Development pace Vaiz is on version 2.84 with regular releases since 2025, recently moving to a two-week release cycle. Releases in 2026 have delivered an improved UI, Slack integration, Cursor IDE support, and calendar integration. An iOS app is coming soon in Q2 2026. Switching and pricing Teams moving over from another tool can transfer boards, tasks, and history through Vaiz’s Migration Center, which currently handles Jira, Asana, Trello, YouTrack, Linear, and Notion in one click — with ClickUp, Monday, and Wrike on the way. The platform is free for teams of up to 10 users, with no credit card required. Paid plans are $5 per user per month for Pro and $9 per user per month for Premium. An on-premises Enterprise edition is available for organizations with data residency requirements. Every paid plan includes a 30-day free trial, and startups receive a 50% discount. More information is available at vaiz.com. About Vaiz Founded in 2024 and based in Limassol, Cyprus, Vaiz Ltd builds a cloud-based work management platform that brings task boards, documents, and automation into a single workspace. The product is used by cross-functional teams at startups, game studios, product companies, agencies, and growing businesses, and holds a 4.8/5 average rating across G2, Trustpilot, Crozdesk, and SoftwareSuggest. Media Contact Brand: Vaiz Contact: Mike Burton Email: marketing@vaiz.com
SMBC Group, Fujitsu and SoftBank agree on alliance to build Japan-made platform for sustainable healthcare
Tokyo and Kawasaki, Japan, May 19, 2026 - (JCN Newswire via SeaPRwire.com) - Sumitomo Mitsui Financial Group, Inc. (SMBC Group), Fujitsu Limited (Fujitsu), and SoftBank Corp. (SoftBank) today announced they entered into a basic agreement regarding a business alliance (the Alliance) in the health and medical fields with the objective of ensuring the continued sustainability of Japan’s healthcare system, which is based on universal health insurance. The agreement, concluded on May 18, will see the three companies build a Japan-developed healthcare platform aimed at achieving sustainable healthcare, contributing to the extension of healthy life expectancy of citizens, optimizing the management of healthcare institutions, and curbing national healthcare costs.Under the Alliance, the companies will establish a data platform that enables the secure and appropriate management and utilization of medical data held within healthcare information systems, based on individual consent. In addition, by combining this medical data with personal health data that is controlled by individuals themselves—also linked and managed based on individual consent—they will develop app-based AI agents that act as personalized health partners tailored to each individual.The data platform and related apps will be built within Japan-based data centers as Japan-developed healthcare infrastructure. Through this initiative, the companies aim to realize a secure and integrated framework that supports the entire patient journey—from daily health management to medical consultations, ongoing treatment, and post-treatment follow-up. Ultimately, this will enhance support for improving individual health outcomes, promoting behavioral change, and enabling more advanced assessments of disease risks.Furthermore, through this Alliance, the companies will create new businesses that contribute to streamlining costs caused by duplicate testing and prescriptions, disease aggravation due to interrupted treatment, and the progression of preventable illnesses and frailty. By promoting the optimization of healthcare delivery, they aim to help curb future healthcare cost increases on the scale of approximately 5 trillion yen, thereby contributing to the achievement of sustainable healthcare.BackgroundIn Japan, the population aged 65 and older has already reached approximately 30% of the total population, and medical and long-term care needs are expected to continue rising as the population ages further. As a result, the roles required of healthcare providers are becoming increasingly advanced and complex, including emergency care, home-based care, and the ongoing management of chronic conditions. To ensure that all can continue to access appropriate medical care when needed, both now and in the future, it is essential to extend healthy life expectancy through health promotion and preventive measures, while also establishing systems that enable the more effective use of limited healthcare resources. To realize such a framework, it is effective to continuously capture health information, including data from daily life, and leverage it to help prevent the progression of diseases and other conditions. This requires the effective integration of medical data, personal health data, and AI.However, at present, medical data standardization remains a work in progress, and personal health data is fragmented across different services, limiting the ability to effectively link medical and health data. Additionally, as the use of AI infrastructure located outside Japan expands, concerns have been raised regarding the handling of highly sensitive health and medical data. These issues are important from the perspectives of Japan’s data sovereignty and economic security.To address these challenges, it is essential to promote the standardization and interoperability of medical data at scale while establishing an environment in which various services handling personal health data can interconnect. Such an environment must enable the secure and appropriate utilization of data, with data sovereignty duly ensured.Initiatives Under the AllianceThe three companies will develop a data platform for the safe and appropriate management and utilization of medical data, along with a user app for individuals to effectively manage and utilize their health data, thereby building a domestically developed healthcare foundation.Within the data platform, data will be linked and referenced as necessary based on individual consent and in compliance with relevant laws and guidelines. Standardization and structuring of data will be promoted to enable interoperability with healthcare providers and private sector entities. This will support advanced data utilization for advanced clinical practice, innovative research and development, and operational improvements in healthcare institutions, as well as the delivery of healthcare services leveraging AI and data. Furthermore, with an eye towards future integration with public infrastructure such as the Nationwide Healthcare Information Platform and My Number Portal, the companies aim to establish an expandable framework aligned with the government’s healthcare digital transformation (DX) policies.In addition, by providing user app-based AI agents that support everything from daily health management to medical consultations and ongoing care, the companies will offer comprehensive support for individual health. The medical and health data required for this support will be obtained with individual consent within the user app and utilized within the scope of that consent. Furthermore, through collaboration with healthcare providers and local governments, they aim to create an environment where diverse services can be accessed through a single application.Through these initiatives, the companies will promote the development of a secure environment in which data can be used with confidence, while striving to balance improved healthcare quality and access with the streamlining of healthcare costs. They will also explore the creation of new healthcare services integrated with areas such as general life, public services, and payments, and support employee well-being through proactive corporate health management initiatives.Roles of Each CompanySMBC Group will be responsible for promoting widespread adoption of services based on this Alliance and enhancing value through the integration of healthcare and financial services. For the former, it will leverage digital touchpoints such as “Olive.” The Group has already begun offering “Olive Healthcare” based on its partnership with SoftBank in March 2026 and will further expand and develop this service. For the latter, in addition to promoting post-payment services at medical institutions, it aims to create services that provide both financial and health-related security and peace of mind.Fujitsu will lead the development and management of the data platform, the creation of AI for healthcare institutions, and the development of next-generation computing resources and platforms necessary for innovative drug discovery and development activities using medical data. Fujitsu will leverage its top market share in medical data in Japan[ＨＬ1.1], as well as its healthcare-focused large language models from the “Takane” LLM lineup, its “Healthy Living Platform” for healthcare data utilization under the “Uvance” business model to solve societal issues, and its expertise in data governance, security, and sovereign cloud technologies that ensure data sovereignty.SoftBank will lead the development and provision of domestically operated user apps leveraging sovereign cloud infrastructure and homegrown LLMs. It will utilize its extensive user base, including the “PayPay” ecosystem, “LINE,” and “Yahoo! JAPAN,” as well as its expertise in supporting health promotion for individuals, businesses, and municipalities in the healthcare sector. Through collaboration with healthcare providers and local governments, it aims to build highly convenient apps that enable users to access a wide range of services in one place.SMBC Group, Fujitsu, and SoftBank will leverage their respective customer touchpoints to expand the use of the Japan-developed healthcare infrastructure to a scale of 60 million users, while aiming for adoption by 4,000 medical institutions. Through these efforts, the three companies will support the health of the population, assist the management of healthcare institutions, and contribute to the appropriate curbing of Japan’s healthcare costs. In doing so, they aim to further enhance the sustainability of Japan’s high-quality and widely accessible healthcare system.[1] LLM Takane: A large language model jointly developed by Fujitsu and Cohere Inc.Press Conference MaterialsHeld on May 18, 2026Presentation Materials: Fujitsu LimitedAbout SMBC GroupSMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 100,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.5 trillion yen (US$23 billion) for the fiscal year ended March 31, 2026 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuAbout SoftBank Corp.Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is aiming to activate the potential of AI across its businesses and drive implementation in line with its “Activate AI for Society” growth strategy. While further growing its telecom business, SoftBank is expanding its AI computing infrastructure and AI and Cloud service businesses with the aim of becoming a provider of Next-generation Social Infrastructure. To learn more, please visit https://www.softbank.jp/en/corp/Press ContactsFujitsu LimitedPublic, Investor and Analyst Relations DivisionInquiries Copyright 2026 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
Anson Resources Engineering Study Confirms Green River as a Future Low-Cost Producer
Highlights:First Quartile Cost PositioningStudy delivered low operating cost leadership, C1 OPEX estimate US$3,837/t LCECapital Cost/ton comparatively low, installed capacity estimate USD56,800/t LCEPositions Green River in the lowest quartile of the global peer OPEX comparisonMultiple Cost AdvantagesBrine reservoir pressure at 4,500 -5,500psi, reducing operating costsProprietary chemical-free iron removal, reducing operating costsHigh-quality brine chemistry, low impurity levels, reducing operating costsExisting nearby utility infrastructure, including power, water, rail, road and gas, reducing capital costsOptimized Technology Selection ProcessMultiple DLE technologies evaluated on financial returns, recovery and scalability basisClear Pathway to DevelopmentMaterial Project De-Risking, permitting and approvals largely completeDefinitive Feasibility Study commenced, project advancing toward Final Investment Decision (FID)NEWPORT BEACH, CA, May 19, 2026 - (ACN Newswire via SeaPRwire.com) - Anson Resources Limited (ASX:ASN) ("Anson Resources" or the "Company") through its 100% owned subsidiary Blackstone Minerals NV LLC is pleased announce the completion of a Front-End Planning Stage 1 (FEP-1) Scoping Study (the Study) , also referred to as a Pre-feasibility Study (PFS) completed for its Green River Lithium Project in Utah, USA, prepared by globally recognized engineering firm Burns & McDonnell based in Houston, Texas, USA. Key assumptions and estimated financial results are provided in Figure 1.First supply of battery grade lithium carbonate, fully finished onsite, is targeted for 2029. The Project has a 20-year mine life with initial capital requirement of approximately $568 million with operating cost of $3,837 per tonne, a base-case $1,373 million pre-tax NPV and 4.44 years payback. Anson has a definitive offtake agreement with Korea's LG Energy Solution for 40% of the annual production, see ASX announcement 24 September 2025.Benchmark Lithium Forecast Report Q1 2026 Base Case and Upside Case with representative forecast prices for the years 2029 and 2040. The full prices series is in Figure 1. Benchmark forecast price for 2040, the last year forecast, is assumed to remain unchanged through to 2048 2. Post-tax cash flows incorporate U.S. Federal and Utah State taxes and the applicable SITLA royalty, calculated on a variable sliding scale linked to realised lithium prices. The financial model and post-tax metrics exclude the potential benefit of Inflation Reduction Act production tax credits, grants and any other federal or state incentives currently available to critical minerals projects in the United States.The study builds on prior engineering studies and provides updated CAPEX and OPEX estimates, process design, and development pathways for a phase I 10,000tpa lithium carbonate (LCE) operation based on Direct Lithium Extraction ("DLE") technology.Market Conditions ForecastThe technical and economic assessment (+/- 50%) was calculated utilizing the base and upside cases for lithium carbonate price from Benchmark Minerals Lithium Forecast Q1 2026 as shown in Figure 1. Benchmark's forecast the lithium prices up to year 2040, this study assumes that forecast price for 2040 remains static through to 2048.Capital Expenditure EstimateThe capital cost estimate developed as part of the study reflects a comprehensive assessment of the core processing and supporting infrastructure required for the Project. This includes brine pretreatment facilities, the process plant incorporating DLE, purification and lithium carbonate refining circuits, as well as utilities and associated infrastructure. Site infrastructure such as buildings, stormwater management systems and electrical installations have been incorporated, together with offsite components including well pads, brine pipelines, utility interconnections, raw water supply and access roads. The estimate also includes construction indirect costs and a contingency allowance of 25%, appropriate for a conceptual level assessment, see Table 2.Consistent with a Scoping Study, certain elements have been excluded or only partially included at this stage. These include full wellfield development costs, financing costs including interest during construction, and broader corporate costs and insurance. In addition, allowances for commissioning, start-up and training, downstream logistics beyond the project boundary, and applicable taxes and royalties have not been fully incorporated. Owner's costs are excluded, which includes preliminary allowances for process media and resin, certain engineering components, and enabling infrastructure such as a natural gas connection and power system upgrades required to support the Project.Operating Cost EstimateOperating cost estimates have been developed based on the conceptual process design and an initial mass balance, incorporating assumptions for reagent consumption, energy and water usage, and fixed costs. These estimates are preliminary in nature and will be refined as the process design advances and vendor quotations are obtained, which may result in variations to the current cost profile. A break down of the estimated operating cost from the Scoping Study is provided in Figure 2.Peer ComparisonOPEX and CAPEX The Green River Lithium Project C1 Opex is positioned in the first quartile of the cost curve making it the most cost competitive project in North America. Capex per tonne of installed capacity is lower than any comparable project in North America. The Scoping Study confirms that the Green River Lithium Project is positioned within the lowest cost quartile globally, underpinned by a combination of structural and technical advantages. These include access to established infrastructure, the high quality of the underlying brine resource, lower estraction cost due to the pressure that pushes the brine towards surface and an optimised processing approach. In addition, the integration of Anson's proprietary iron removal technology provides a further competitive edge, enhancing overall process efficiency and reducing operating costs, see Figures 3, 4 & 5.Sensitivity AnalysisA sensitivity analysis was undertaken to assess the impact of key financial and operating variables on the Project's Base Case pre-tax NPV. The analysis tested changes of +/-20% to capital expenditure, operating expenditure and lithium carbonate price, see Figure 6. The results demonstrate that the Project is most sensitive to lithium carbonate pricing, reflecting the strong leverage of project returns to realised product prices. A +/-20% movement in lithium carbonate price results in an approximate +/-US$460 million movement in pre-tax NPV, representing approximately 34% variance from the Base Case pre-tax NPV. The Project is comparatively less sensitive to capital and operating costs. A +/-20% movement in either capital expenditure or operating expenditure results in an approximate +/-US$110 million movement in pretax NPV, representing approximately 8% variance from the Base Case. The sensitivity analysis indicates that while disciplined capital and operating cost control remain important, the Project's financial outcomes are principally driven by lithium carbonate pricing. This is consistent with the strong operating margin implied by the Project's low estimated C1 operating cost of US$3,837/t LCE and Base Case pre-tax NPV of US$1,373 million.Scoping Study OverviewThe PFS was undertaken to establish a clear and disciplined framework for the development of the Green River Lithium Project. The study focused on the preparation of AACE Class 5 capital and operating cost estimates, alongside optimisation of the process design and overall flowsheet configuration. In parallel, it identified the key cost drivers and development risks associated with the Project, providing a robust technical and economic foundation to support investment decision-making and progression toward a Definitive Feasibility Study (DFS). The outcomes of the study confirm that the Green River Project is underpinned by several inherent advantages. These include access to established infrastructure, such as power, gas and transport networks, and a high-quality lithium brine resource. The Project design incorporates a modular Direct Lithium Extraction (DLE) processing configuration, allowing for scalability and operational flexibility. Burns & McDonnell's PFS included site and plot plan, provisional mass balance and capital costs estimates and utilities, chemicals, media and fixed costs for Anson to estimate Opex. ISBL costs are based on the preliminary engineering and cost information provided by the licensors (+/-30% accuracy). The resources estimate was prepared by Apex. Lithium pricing data is sourced from Benchmark Minerals. Financial analysis including NPV and scenario analysis was completed by the CompanyManagement CommentaryBruce Richardson, CEO of Anson Resources, commented: "The completion of the Scoping Study marks a significant milestone for the Green River Lithium Project. The study confirms our strategy of developing a low-cost lithium operation with a capital profile that compares favourably with global peers. This supports the adage "Grade is King but in brine Purity is Supreme!" As the lithium market evolves, investment decisions are increasingly driven by returns rather than sentiment. The Green River Lithium Project is strongly positioned in this environment, supported by competitive economics, advanced engineering, and a clear pathway to development. With the Definitive Feasibility Study now underway, we are progressing toward Final Investment Decision and remain focused on delivering a world-class lithium project in Utah."See Full Release HereFor further information please contact:Bruce RichardsonExecutive Chairman and CEOWill MazeHead of Investor RelationsE: Info@AnsonResources.com E: Investors@AnsonResources.comPh: +61 7 3132 7990 Ph: +61 7 3132 7990www.AnsonResources.comSOURCE: Anson Resources Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Unitree Robotics and DEEP Robotics Accelerate IPO Progress; Shoucheng Holdings’ Robotics Investments Enter a Value Validation Phase
HONG KONG, May 19, 2026 - (ACN Newswire via SeaPRwire.com) - As IPO activity among robotics industry chain companies accelerates, Shoucheng Holdings (697.HK)’s earlier investment layout around embodied intelligence and the robotics sector is entering a new stage of capital-market pricing and industrial value validation. On May 18, information from the Shanghai Stock Exchange showed that Unitree Robotics’ application for an initial public offering has entered the review process. Meanwhile, operating data disclosed in the STAR Market IPO materials of Hangzhou Yunshenchu Technology Co., Ltd. (DEEP Robotics) further signaled an acceleration in the commercialization of the robotics industry.According to the prospectus, DEEP Robotics recorded revenue of RMB340 million in 2025, representing significant growth from RMB103 million in 2024. Its cumulative research and development investment over the past three years accounted for 31.52% of cumulative revenue over the same period. In 2025, net profit attributable to shareholders of the parent company reached RMB28.684 million, compared with a net loss of RMB13.30 million in 2024, marking a return to profitability. These figures indicate that some robotics companies are gradually moving from technology research and development and use-case exploration toward revenue expansion and profit improvement.For Shoucheng Holdings, the IPO progress of leading robotics companies such as Unitree Robotics and DEEP Robotics means that its earlier industrial investments in embodied intelligence and robotics are moving from primary-market deployment into the stage of capital-market pricing and value validation. Public information shows that, through the industrial funds it manages, Shoucheng Holdings has invested more than RMB2 billion cumulatively across the broader robotics industry chain, covering more than 20 companies, including Unitree Robotics, Noetix Robotics, Galbot, DEEP Robotics, Booster Robotics and Galaxea. As related companies file for listing or enter the review process, revenue scale, R&D intensity, profit inflection points and industrialization capabilities are beginning to be quantified, making the valuation benchmarks for Shoucheng Holdings’ relevant assets clearer.Overall, the acceptance of Unitree Robotics’ IPO application and the improvement in DEEP Robotics’ operating data provide clearer phased validation for Shoucheng Holdings’ robotics industry investments. As investee companies successively enter the stages of capital-market review and operating delivery, the value of Shoucheng Holdings’ robotics industry chain layout is expected to become more apparent and generate sustained incremental contributions in investment returns, cross-scenario synergies and industrial operation capabilities. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Shoucheng Holdings (697.HK): Robotics Investments Near Monetization Window as Dividends and Buybacks Strengthen Shareholder Returns
HONG KONG, May 19, 2026 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings (697.HK)'s first-quarter operating data presented a relatively clear business picture: its core operating base remained resilient, shareholder returns continued to increase, and robotics investment and real-world deployment advanced in parallel. The company's core operating performance improved, while the digital and intelligent upgrade of its parking business, the development of its robotics ecosystem, and the realization of investment gains are becoming key priorities for the year.Based on first-quarter data, Shoucheng Holdings recorded revenue of approximately HKD327 million in the first quarter of 2026, with profit attributable to shareholders of approximately HKD79 million, representing year-on-year growth of about 18%. This indicates that the company's core operating performance continued to improve.Robotics investment is one of the important sources of future profit flexibility for Shoucheng Holdings. The company's investment portfolio already covers a number of leading companies, including Unitree Robotics, DEEP Robotics, Galbot, TowardPi Medical and others. As some portfolio companies gradually move toward listing, Shoucheng Holdings' robotics investment portfolio is also transitioning from industrial deployment to earnings realization. Kang Yu, the company secretary of Shoucheng Holdings, said that if consolidated fund investment projects complete a new round of financing in the second half of the year, related fair value changes or investment gains are expected to provide incremental contribution to the bottom line.In addition to investment, Shoucheng Holdings is also advancing the development of commercialization scenarios for robotics. Taozhu New Creation Bureau has opened six stores, covering core business districts and transportation hubs in Beijing, as its offline retail network takes shape at an accelerated pace. Online, the Wall Breaker Project has become the top-ranked humanoid robot livestreaming channel across major platforms, with cumulative views exceeding 50 million and two appearances on Douyin's trending list. Market participants noted that these initiatives show the company's attempt to build a consumer-facing gateway for product display, sales, immersive experience and content reach. For the robotics industry, after technological breakthroughs, real-world scenarios, sales channels and user feedback will become important support for commercialization.The parking business remains the operating foundation of Shoucheng Holdings. In recent years, the company has continued to promote growth in its parking business and improve asset efficiency through digital and intelligent operations. With the development of new forms of transportation such as Robotaxi services, unmanned delivery vehicles and autonomous-driving shuttles, the functional boundaries of parking scenarios are also expanding, extending from traditional parking fees to integrated functions such as EV charging, fleet dispatching, maintenance and servicing, parking and data connectivity.On this basis, Shoucheng Holdings is accelerating its Robotaxi strategic deployment and reconstructing traditional parking facilities into operational hubs for autonomous vehicles. Under this model, parking facilities are no longer merely vehicle storage spaces, but also take on infrastructure functions such as intelligent dispatching, automatic charging, outsourced maintenance services and data interaction. As autonomous-driving operation scenarios continue to expand, parking assets are expected to extend from traditional operating scenarios to infrastructure nodes for intelligent transportation.In terms of shareholder returns, the board of Shoucheng Holdings has decided to distribute a special dividend of approximately HKD470 million. Based on last year's dividend of approximately HKD310 million and the company's market capitalization of HKD13.52 billion at the close on May 15, the annual dividend yield is estimated at approximately 5.77%. Share buybacks are also an important measure for the company to strengthen shareholder returns. Since the beginning of 2026, Shoucheng Holdings has repurchased approximately HKD262 million worth of shares, with buybacks conducted on almost every trading day. The special dividend highlights the company's cash flow capability and willingness to distribute dividends, while share repurchases reflect its view of the current valuation level. Together, the two measures have helped the company form a clearer shareholder return framework.Overall, Shoucheng Holdings is advancing its business layout around three main lines: its operating foundation, shareholder returns and industrial investment. Parking assets and asset management operations provide a cash flow base; dividends and buybacks enhance capital returns; and robotics investment, Taozhu New Creation Bureau and Robotaxi-related deployment open up new room for growth. As portfolio companies advance their IPO processes, offline scenarios continue to expand and the digital and intelligent upgrade of the parking business progresses, the company's business structure is expected to be further optimized, while asset operation efficiency and industrial synergy capabilities should continue to improve. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com