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TMYTEK and Metanoia Announce Strategic Collaboration on 5G FR2 gNB Solutions at MWC Barcelona

BARCELONA, Spain and TAIPEI, Feb. 25, 2026 /PRNewswire/ — TMYTEK and Metanoia announce collaboration for open ecosystem 5G FR2 gNB solutions. By combining Metanoia’s Software Defined Radio (SDR) chipset and “ALBIZIA” FR2 development platform with TMYTEK’s Antenna-in-Package (AiP) antenna array modules, the companies provide compact, high-performance FR2 gNB architectures for Fixed Wireless Access (FWA) and commercial 5G networks, simplifying system integration and shortening time-to-market for now and next-generation wireless infrastructure.

TMYTEK and Metanoia announce collaboration for open ecosystem 5G FR2 gNB solutions, providing compact, high-performance FR2 gNB architectures for Fixed Wireless Access (FWA) and commercial 5G networks.
TMYTEK and Metanoia announce collaboration for open ecosystem 5G FR2 gNB solutions, providing compact, high-performance FR2 gNB architectures for Fixed Wireless Access (FWA) and commercial 5G networks.

TMYTEK’s AiP modules feature embedded FPGA-based beam steering and mature APIs, streamlining gNB integration and accelerating the path from prototype to product. TMYTEK’s AiP modules complies with both O-RAN and FAPI standards for open cross-platform integration and minimized beam steering latency.

Metanoia’s SoC based FR2 SDR “ALBIZIA” gNB platform provides the core baseband processing and system architecture required for 5G FR2, while TMYTEK’s AiP modules integrate the RF front end, antenna array, and beam control into a single compact module.

TMYTEK’s AiP modules support FR2 n257 and n258 bands operating in range from 24.25 GHz to 29.5 GHz, and further coming n260 bands.

“The collaboration with Metanoia represents a practical and system-driven approach to accelerating FR2 gNB deployment,” said Su-Wei Chang, Founder and President of TMYTEK. “By tightly integrating our AiP antenna array modules with Metanoia’s gNB platform, we provide a streamlined path for customers to deploy compact, high-performance mmWave solutions with shorter development cycles.”

“We are very pleased to work with AiP market leaders like TMYTEK to expand the 5G FR2 ecosystem” said Dave Hoelscher, Global Sales VP of Metanoia Communications.

Visitors can learn more about TMYTEK’s FR2 AiP portfolio at TMYTEK Hall 5 Booth #5J93, or Metanoia meeting rooms 5L24MR, 5L26MR

About TMYTEK

TMY Technology, Inc. (TMYTEK) is a global leader in mmWave innovation, offering advanced solutions for research, education, and industry applications. Specializing in phased array antenna modules and pioneering mmWave research tools, TMYTEK serves key markets such as 5G/B5G, satellite communication, automotive, and defense. By driving breakthroughs in wireless communication and enabling next-generation technologies, TMYTEK empowers its partners to address complex challenges and seize new opportunities. With a commitment to high-quality manufacturing and customer-centric solutions, TMYTEK is shaping the future of connectivity and advancing global competitiveness. Find out more at tmytek.com.

News Contact: Grace Ho / marketing@tmytek.com

About Metanoia

Metanoia Communications Inc. is headquartered in Hsinchu Science Park, Taiwan, specializing in Software Defined Radio (SDR) SoC solutions for 5G Open RAN Radio Units and small cells. Metanoia enables partners to accelerate radio development with integrated, power-efficient silicon designed for next-generation networks.

WORLD’S BEST SOMMELIERS’ SELECTION 2026 ANNOUNCED

LONDON, Feb. 25, 2026 /PRNewswire/ — In a global celebration of wine excellence, leading sommeliers from 17 countries across six continents judged the World’s Best Sommeliers’ Selection 2026. Panellists drawn from The World’s 50 Best Restaurants network, led by Kristell Monot, President of the World’s Best Sommeliers’ Selection and Head Sommelier at Mugaritz, tasted a diverse array of wines to determine a line-up of 115 wines from 16 countries.

The third edition of the World’s Best Sommeliers’ Selection is revealed, celebrating wines judged by leading sommeliers from around the world.
The third edition of the World’s Best Sommeliers’ Selection is revealed, celebrating wines judged by leading sommeliers from around the world.

To view the final selection, please see here.

Italy topped the selection with 20 wines, including 13 reds. Nebbiolo shone with four Barolo and Barbaresco entries, while more contemporary styles included Clara Marcelli’s Grenache and Tenuta Del Paguro’s seabed–aged Merlot.

Portugal followed with 18 wines across white, red and fortified categories. Five white wines highlighted the strength of Portugal’s indigenous varieties, while all eight reds hailed from the Douro. Three ports and two Madeira wines reaffirmed Portugal’s mastery of fortified wines.

The USA achieved 17 wines, led by California with six reds and one white, from Sonoma’s Pinot Noir to Paso Robles’ Cabernet Sauvignons. Texas contributed six wines, while Oregon’s Lingua Franca earned four places for Chardonnay and Pinot Noir.

Spain delivered seven reds from regions including Ribera del Duero, Rioja and Priorat. Two sherries highlighted renewed interest in fortified wines, while Pere Ventura’s Cava reinforced Spain’s strength in sparkling styles. Contemporary whites from Chivite and Bodegas Faustino completed the 12 entries.

Argentina also contributed 12 wines, with seven reds underscoring the country’s reputation for Malbec. Four whites showed growing stylistic range, while Uco Valley producer Rutini demonstrated breadth with a Malbec, Chardonnay and traditional method sparkling wine. Uruguay earned five places, Brazil was represented by a single white blend and Chile secured eight red wines.

Elsewhere in Europe, France led in sparkling and rosé, while Germany impressed with three Rieslings. Czech producer Gurdau earned three places with a Riesling, Grüner Veltliner and Sekt. Georgia added two traditional varietals, including the only orange wine, and Greece contributed one white and one red.

A spokesperson for the World’s Best Sommeliers’ Selection comments: “The selection reflects the incredible diversity of the global wine landscape – from revered classics to bold new voices. The selection remains a trusted benchmark for on-trade professionals and we’re proud to bring the world’s top sommeliers together to define the future of wine.”

Media centre:
https://event.worldsbestsommeliersselection.com/live/en/page/media-centre

PDF – https://mma.prnewswire.com/media/2919144/WBSS26.pdf

 

Robo.ai Inc. to Acquire Controlling Stake in Chinasky Car Trading FZE, Accelerating Commercialization of Intelligent Hardware Strategy

DUBAI, UAE, Feb. 25, 2026 /PRNewswire/ — Robo.ai Inc. (NASDAQ: AIIO), a technology company developing a global artificial intelligence machine economy platform, today announced that it has entered into a definitive share purchase agreement to acquire a 51% equity interest in Chinasky Car Trading FZE (” CCT “), an automotive trading company based in the United Arab Emirates.

The transaction is intended to transform CCT’s established trade network within the Jebel Ali Free Zone into a central global distribution hub for Robo.ai. This integration is expected to reduce the market entry cycle for the Company’s intelligent hardware portfolio. This distribution network is intended to support the deployment of the Company’s future hardware pipeline, including Robotaxis, eVTOL aircraft, and intelligent logistics robots, thereby advancing the Company’s strategy encompassing AI software, intelligent hardware, and smart assets. Specifically, the Company’s commercial vehicle joint venture, RoBUS, will leverage CCT’s infrastructure to establish a dual-drive infrastructure combining manufacturing and distribution. RoBUS’s customized commercial vehicle series will gain immediate access to CCT’s distribution channels across more than 20 markets in Central Asia, North Africa, and Eastern Europe, serving as a complementary growth driver to the manufacturing partner’s existing network.

Located in the Jebel Ali Free Zone, CCT generated approximately over AED 100 million (approximately USD 30 million) in revenue for the fiscal year 2025. Leveraging the re-export trade advantages of the UAE, CCT provides comprehensive automotive services including sales, leasing, after-sales support, and supply chain finance. Its operational network spans emerging markets including Egypt, Jordan, Oman, Qatar, Algeria, Morocco, Azerbaijan, Armenia, Kazakhstan and Uzbekistan. Through this acquisition, Robo.ai intends to utilize CCT as a primary carrier for its global intelligent hardware distribution, mitigating the capital and time requirements associated with organic channel construction. The consolidation of these channel resources is designed to enhance operational efficiency and support Robo.ai’s expansion into intelligent hardware distribution.

The Chief Executive Officer of Robo.ai stated that the acquisition of CCT represents a significant step in the Company’s strategy to integrate virtual technologies with physical applications. He noted that realizing the commercial value of core robotic and automation technologies requires integration with physical carriers and circulation networks. He added that CCT provides not only stable cash flow but also a strategic logistical position, serving as a foundational node for the Company’s global market expansion. Looking ahead, Robo.ai plans to assist CCT in expanding into high-value-added business segments, including automotive parts, after-sales services, and supply chain finance, to build a comprehensive smart asset operation platform.

About Chinasky Car Trading FZE

A subsidiary of the Canadian Jiacheng Group, Chinasky Car Trading FZE is an automotive import and export trading company located in the Jebel Ali Free Zone, Dubai. Relying on the re-export trade advantages of the UAE, the company provides automotive supply chain solutions with sales channels covering over 20 countries in Central Asia, North Africa, and Eastern Europe. The company reported annual sales of approximately over AED 100 million.

About Robo.ai Inc.

Robo.ai Inc. (NASDAQ: AIIO) is a technology company dedicated to building a leading global artificial intelligence machine economy platform. Its mission is to integrate “AI Software, Intelligent Hardware, and Smart Assets” to construct a unified AI operating system and an ecosystem empowered by blockchain, pioneering an intelligent future.

This press release includes “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. Actual outcomes may differ materially from expectations — please refer to the company’s SEC filings for details.

 

FxPro and McLaren Racing Extend Strategic Partnership

The world’s leading broker continues its journey with the back-to-back Constructors’ Championship-winning Formula 1 team.

LONDON, Feb. 25, 2026 /PRNewswire/ — FxPro, a globally recognised leader in online trading, is proud to announce the extension of its successful partnership with the McLaren Mastercard Formula 1 Team, further cementing their decade-long alliance. This renewed commitment follows a historic 2025 season, where McLaren secured the coveted Constructors’ Championship for a second consecutive year and the Drivers’ Championship with Lando Norris.

McLaren MCL40
McLaren MCL40

The partnership, which began in 2018, has grown alongside the team’s remarkable journey to the pinnacle of motorsport. FxPro is immensely proud to have supported McLaren during this era of resurgence and ultimate triumph. The partnership uniquely connects the high-speed, precision-driven world of Formula 1 to the discipline and strategic execution required in financial trading.

Ilya Holeu, Chief Product Owner & Chief Marketing Officer at FxPro, commented, “Witnessing their relentless drive culminate in a historic double victory as Constructors’ and Drivers’ Champions in 2025 has been incredible. As the #1 broker and the #1 F1 team, we are thrilled to continue this winning combination. This extension is a testament to our belief in the team and our commitment to bringing our clients closer to the champion’s mindset.”

As part of the extended agreement, the iconic FxPro logo will maintain its premium positioning on the McLaren Mastercard Formula 1 Team cars, as well as drivers’ helmets and team kits.

Matt Dennington, Co-Chief Commercial Officer, McLaren Racing, said: “We are delighted to renew our partnership with FxPro. Following a hugely successful Formula 1 season, we’re excited to see FxPro extend their partnership with McLaren Racing as we continue to develop and compete across multiple racing disciplines.” 

This collaboration is more than a sponsorship; it’s a strategic alliance between two leaders, marking the single most significant commercial agreement in FxPro’s history since its founding in 1999. FxPro looks forward to celebrating more successes together—on the tracks of Formula 1 and in the dynamic world of global markets.

Here’s to more victories, both on the circuit and in your trading portfolio.

About FxPro

FxPro is an award-winning international broker, trusted by millions of clients worldwide. For over two decades, the company has provided access to over 2,100 trading instruments across FX, stocks, futures, indices, metals, energy and more via its powerful platforms. Regulated across multiple jurisdictions and recipient of 140+ industry awards, FxPro delivers ultra-fast execution, deep liquidity and a client-centric trading experience.

Media Contact:
PR@fxpro.com
www.fxpro.com 

About McLaren Racing

McLaren Racing was founded by racing driver Bruce McLaren in 1963. The team entered its first Formula 1 race in 1966. McLaren has since won 23 Formula 1 world championships, over 200 Formula 1 Grands Prix, the Indianapolis 500 three times, and the Le Mans 24 Hours at its first attempt. 

McLaren Racing competes across four racing series. The team competes in the FIA Formula 1 World Championship with McLaren F1 drivers Lando Norris and Oscar Piastri, the NTT INDYCAR SERIES with Arrow McLaren drivers Pato O’Ward, Nolan Siegel and Christian Lundgaard, and F1 Academy with Driver Development Programme member Ella Lloyd. The team also competes in the F1 Sim Racing Championship as McLaren Shadow. 

McLaren is a champion for sustainability in the sport and a signatory to the UN Sports for Climate Action Commitment. It is committed to achieving net zero by 2040 and fostering a diverse and inclusive culture in the motorsport industry. 

McLaren Racing – Official Website 

 

 

China’s Dairy Serves Overseas Winter Olympics for the First Time Mengniu’s “World-Class Quality” Nourishes Global Athletes’ Drive to Excel

MILAN, ITALY – Media OutReach Newswire – 25 February 2026 – From February 7 to 23, 2026, during the Milan-Cortina Winter Olympic Games, Mengniu Group, as a Worldwide Olympic Partner (TOP), has introduced three specially crafted dairy products—pure milk, yogurt, and butter—into the Milan Olympic Village. These products provide high-quality nutritional support to athletes, coaches, and staff from around the world. This marks the first time China’s dairy industry has served an overseas Winter Olympic Games. Mengniu is the only Chinese dairy enterprise supplying products for this Winter Games, once again demonstrating its world-class product quality and its strong capability to lead China’s dairy industry onto the global stage.

The second "China Night" event, hosted by Mengniu Group and guided by the Chinese Olympic Committee, was held in Milan
The second “China Night” event, hosted by Mengniu Group and guided by the Chinese Olympic Committee, was held in Milan

Notably, during the Milan-Cortina Winter Olympic Games, the second “China Night” event, hosted by Mengniu Group and guided by the Chinese Olympic Committee, was held on the evening of February 7 in Milan. The event, themed “China Night, Light of the Five Rings,” aimed to unite Chinese sports culture, promote the Olympic spirit, and foster international cultural exchange and mutual learning. Speeches were delivered by International Olympic Committee (IOC) President Coventry, Chinese Olympic Committee Deputy Secretary-General and Director of Market Development Yu Jianyong, and Mengniu Group President Gao Fei. Attendees included IOC Executive Board Member and Chinese Olympic Committee Vice President Li Lingwei, IOC Member Zhang Hong, Asian Olympic Council Athletes’ Commission Chair Ding Ning, TCL Technology CEO Wang Cheng, Alibaba Olympic Marketing Department General Manager Xie Long, as well as representatives from sports, culture, business, and media sectors.

“‘China Night’ has become a bridge for promoting sports and cultural exchange, which is the essence of the Olympic Games: bringing people together and building mutual understanding,” said Bach in his speech. Coventry added that her 2025 visit to Mengniu deeply impressed her with their shared values. Looking ahead, he expressed his commitment to continue partnering with Mengniu to advocate the Olympic spirit through healthy products, sustainable development, and a passion for sports and culture, and he looks forward to the next “China Night” event at the Los Angeles Olympics.

Mengniu Group President Gao Fei stated that sports and milk are natural allies. Mengniu’s corporate spirit of “Born to Excel” resonates perfectly with the Olympic motto “Faster, Higher, Stronger—Together.” Mengniu aims not only to bring healthy, nutritious products to the Olympic arena but also to extend its corporate responsibility and commitment worldwide, further promoting the Olympic spirit.

As the world’s first dairy TOP partner, Mengniu leverages its solid product strength and outstanding quality to provide comprehensive nutritional support for the Olympics. At the Milan Olympic Village, Mengniu Group offers three dairy products—milk, yogurt, and butter—ensuring high-quality nutrition for athletes, coaches, and staff from around the globe.

Mengniu's three products (whole milk, lactose-free simple yogurt, butter) serving the Milan-Cortina Winter Olympic Games
Mengniu’s three products (whole milk, lactose-free simple yogurt, butter) serving the Milan-Cortina Winter Olympic Games

Mengniu has supplied three products to the Olympic Village: whole milk, lactose-free simple yogurt, and butter. These three complementary dairy categories cover athletes’ basic nutritional needs while also catering to the personalized requirements of special groups, fully realizing the goal of “drinking milk, drinking good milk, and drinking the right milk” for athletes. When China’s dairy innovation meets the Olympic spirit of striving for excellence, a mutual journey of “breakthrough” shines brilliantly on the Milan-Cortina Winter Olympic Games stage.

This cultural expression through paper-cutting art aligns perfectly with Mengniu’s brand story told to the world. On the occasion of the 2026 Milan-Cortina Winter Olympic Games opening, Mengniu released the opening theme film “Opening” under the slogan “Crossing Thousands of Mountains and Seas, Together for the Winter Olympics.” The film invites billions of viewers worldwide to experience the warmth of Chinese New Year reunions on the global stage of ice and snow sports, jointly witnessing the mutual pursuit of “excellence” and “togetherness.” The “Opening” film uses the snowy landscape as paper and ice sports as the carving tool to create Chinese paper-cut art. With lively morin khuur (horsehead fiddle) and throat singing, it features Mengniu brand ambassadors—Eileen Gu, Jia Ling, Xiao Zhan, and Jackson Yee—conveying the spirit of “Born to Excel.” The film cleverly connects scenes of the grasslands, the Great Wall, the Leaning Tower, and the sports venues, symbolizing Mengniu’s journey from grassland cattle and Chinese cattle to world-class cattle in its pursuit of excellence. Released at the Milan-Cortina Winter Olympic Games opening, this theme film once again showcases the style and responsibility of Chinese brands to the world. “Born to Excel” shines like a radiant spiritual totem, adding a moving Eastern echo to the long history of the Olympics.

The Milan chapter of “China Night” concluded successfully, while a new chapter of dialogue between Chinese brands and the world has just begun. Looking ahead, Mengniu will inspire perseverance through the light of sports, connect hearts through the light of culture, and illuminate the future through the light of sustainability. With this warm and powerful “Light of China,” Mengniu aims to contribute even greater strength to the global development of the Olympic movement.

Hashtag: #Mengniu

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

Sanya Yazhou Bay Science and Technology City Appoints Intrinsic SEA as Southeast Asia Strategic Partner Following Landmark Hainan FTP Special Customs Operations

SANYA, China, Feb. 25, 2026 /PRNewswire/ — Following the historic launch of island-wide independent customs operations in the Hainan Free Trade Port (FTP) on December 18, 2025, Sanya Yazhou Bay Science and Technology City (YZBSTC) has entered into a strategic partnership with Intrinsic SEA as its Southeast Asia strategic partner, further strengthened their engagement framework for Southeast Asia, jointly promoting exchanges and connections between YZBSTC’s policy advantages and innovation resources and the ASEAN market.

This appointment marks a strategic pivot for YZBSTC as it transitions into full-scale global implementation. As a strategic collaboration partner supporting YZBSTC’s Overseas Collaborative Innovation initiatives in Southeast Asia, Intrinsic SEA will facilitate regional engagement and business connectivity for ASEAN enterprises seeking to leverage Hainan’s newly liberalized “First Line” and “Second Line” trade policies.

Sanya Yazhou Bay Science and Technology City and Intrinsic SEA held a strategic partnership signing ceremony during the 2025 Guangdong–Hainan (Sanya) Cooperation and Development Conference, jointly advancing deeper collaboration across the Southeast Asia region.
Sanya Yazhou Bay Science and Technology City and Intrinsic SEA held a strategic partnership signing ceremony during the 2025 Guangdong–Hainan (Sanya) Cooperation and Development Conference, jointly advancing deeper collaboration across the Southeast Asia region.

Capitalizing on the “December 18 Milestone”

The timing of this partnership coincides with the most significant economic shift in Hainan’s history. As of December 18, 2025, Hainan has implemented a “separate customs zone” status, offering:

  • Zero-Tariff Expansion: Duty-free categories have surged from 1,900 to 6,600 product categories, covering 74% of all taxable items.
  • Value-Added Incentives: Goods undergoing 30% or more value-added processing in Hainan FTP can now enter the Chinese mainland tariff-free.
  • Operational Freedom: Simplified “First Line” entry for international goods and capital, providing ASEAN firms with an “offshore” operational environment within China’s borders.

Aligning with the 15th Five-Year Plan of China (2026–2030)

As China enters its 15th Five-Year Plan, YZBSTC is positioned as a national pilot for “New Quality Productive Forces.” Intrinsic SEA will collaborate in advancing initiatives that align ASEAN tech clusters with China’s core objectives:

  • Deep-Sea & Seed Sovereignty: Accelerating technological self-reliance in marine engineering and the “Nanfan Silicon Valley.”
  • Future Industries: Establishing collaborative R&D for AI, biomanufacturing, and brain-computer interfaces.
  • Regional Integration: Supporting Hainan’s role as a regional connectivity platform to link the Greater Bay Area (GBA) with the ASEAN economic corridor.

Launching the “MEET Hainan Tour”

To facilitate immediate engagement, Intrinsic SEA and YZBSTC are jointly introducing the  “MEET Hainan Tour.” This flagship initiative will provide ASEAN SMEs and tech giants with integrated policy briefings and coordination support, assisting them in understanding and accessing preferential corporate and individual income tax policies at a rate of 15%, while facilitating thematic exchanges and engagement activities focused on the Sci-Tech City and the University Town.

Leo International Group Deepens Southeast Asia Expansion with Strategic Introduction of Kuala Lumpur Landmark Development Within Its Integrated Real Estate Platform

SINGAPORE, Feb. 25, 2026 /PRNewswire/ — Amid a global rebalancing of asset allocation strategies, where investors are increasingly prioritising quality, structural resilience, and governance standards, international diversified group Leo International Group today announced that its real estate sales platform, Taipei Teamwin International Enterprise Co. Ltd., has commenced structured market engagement and promotional planning in relation to the premium mixed-use development Armani Hallson KLCC in the heart of Kuala Lumpur.

Armani Hallson KLCC (Photo Credit - Armani Group)
Armani Hallson KLCC (Photo Credit – Armani Group)

Under this initiative, Taipei Teamwin will lead market engagement and client advisory initiatives in Taiwan in relation to the project, as part of Leo International Group’s broader real estate expansion strategy. The Group’s engagement relates to structured market positioning and client facilitation within Taiwan.

This development reflects Leo International Group’s continued expansion into Malaysia and further strengthens its real estate and hospitality footprint across the world in alignment with the Group’s long-term strategic vision.

A Strategic Initiative Anchored in Long-Term Vision

In an era of heightened global market uncertainty, investors are placing greater emphasis on transparency, governance, and institutional credibility.

Mr Leo Wang, Chairman of Leo International Group, commented: “Our engagement with selected international developments is grounded in disciplined evaluation, governance standards and sustainable development principles. This initiative reflects our long-term commitment to quality-driven growth and structured regional expansion.”

Armani Hallson KLCC is developed by Armani Group, a Malaysian Main Board-listed company with an established presence in the local property sector. The developer has built a reputation for innovation, sustainability, and quality execution through multiple projects over the years.

Prime Location and Urban Development Momentum

Armani Hallson KLCC is situated along Jalan Ampang, one of Kuala Lumpur’s most prominent addresses, near the Petronas Twin Towers and the Tun Razak Exchange (TRX). The development is a modern super high-rise complex integrating SOHO and SOVO concepts. The project comprises three towers with a total of 2,215 units and features amenities including a sky infinity pool and sky gym. Completion is currently scheduled for 2029.

With ongoing regional economic recovery and evolving cross-border mobility trends, Kuala Lumpur’s city-centre residential market continues to attract attention from regional buyers seeking access to prime urban living environments.

Real Estate and Hospitality Within Leo International Group’s Long-Term Strategy

As Leo International Group advances its long-horizon strategy, real estate and hospitality form an integral part of the Group’s broader ecosystem, supporting lifestyle infrastructure that connects mobility and premium living.

Within this framework, real estate serves as a platform that supports cross-border lifestyle planning and multi-location living, while hospitality enhances the ownership experience through curated service and operational excellence.

This initiative strengthens Leo International Group’s Southeast Asia platform and reinforces its presence in one of the region’s key capital cities as part of its ongoing international property market strategy.

Taipei Teamwin: Integrated Advisory and Lifestyle Platform

Following its strategic integration into Leo International Group, Taipei Teamwin serves as the Group’s real estate advisory platform, facilitating access to premium developments while connecting clients with the Group’s wider ecosystem of services.

Mr Wang added: “Real estate and hospitality represent the point where long-term planning translates into everyday living. Our objective is to develop an integrated platform that supports clients across asset planning and lifestyle needs through coordinated service and cross-border capabilities.”

He further noted that the Armani Hallson KLCC initiative is strategically significant not only because of its location, but also because it supports the Group’s broader vision of delivering integrated lifestyle and advisory solutions.

Expanding a Regional Platform for the Future

Leo International Group operates across real estate, financial and cross-border services, with a focus on building an integrated investment and lifestyle platform.

As Mr Wang concluded: “Sustainable value stems from rigorous governance and prudent planning. This project has now been incorporated into our global real estate investment portfolio for international sales. By integrating institutional standards with refined lifestyle design, we aim to continue supporting steady and long-term growth amid evolving market cycles.”

About Leo International Group

Headquartered in Singapore with an international footprint, Leo International Group is guided by global perspectives, disciplined governance, capital-market rigor, and cultural stewardship.

For more information, please visit www.leointernationaltaiwan.com.

Armani Hallson KLCC (Photo Credit - Armani Group)_Garden View
Armani Hallson KLCC (Photo Credit – Armani Group)_Garden View

The CIC Welcomes the 2026-27 Budget, Jointly Injecting into CITF and Continuing On-the-Job, Training Allowance to Promote Industry’s Steady Development

HONG KONG, Feb. 25, 2026 /PRNewswire/ — The Construction Industry Council (CIC) welcomes the Financial Secretary’s announcement in the 2026-27 Budget to inject further funding into the “Construction Industry Innovation and Technology Fund” (CITF). To support the industry’s sustainable development, the CIC will also contribute to the CITF while relaunching the “Construction Industry Professional Degree Graduate On-the-Job Training Subsidy Scheme”. This dual-pronged approach aims to strengthen talent cultivation and technological application.

The Government announced in this year’s Budget that it would inject HK$1 billion into the CITF. The CIC will provide an additional HK$400 million, bringing a total of HK$1.4 billion to sustain support for the industry’s implementation of innovation and technology applications. From its establishment in 2018 to the end of last year, the CITF has cumulatively approved 5,549 applications, supporting advanced technologies, Building Information Modelling (BIM) and related training. The cumulative approved amount reached HK$2.22 billion, benefiting 1,554 companies and organisations. Last year, the CITF prioritised promoting the application of robotics and MIMEP, while implementing a training subsidy scheme to support SMEs and subcontractors in adopting BIM, thereby accelerating the industry’s digital transformation.

Ir Prof. Thomas HO, Chairman of the CIC, stated that, ‘The CIC welcomes the Government’s introduction of multiple measures benefiting the construction industry, particularly in the application of innovation and technology, professional development, and infrastructure advancement. The policies outlined in the Budget effectively address the industry’s needs to enhance productivity, safety, and technical capabilities. They further lay the groundwork for progressing towards intelligent and high-quality development, thereby strengthening Hong Kong’s competitiveness and reinforcing its role as a “Super Connector”.’

Ir Albert CHENG, Executive Director of the CIC, also stated that, ‘The Government has injected additional funding into the CITF, benefiting more organisations including SMEs and subcontractors. This will further promote the widespread adoption of advanced technologies within the industry, such as artificial intelligence, digitalisation (including BIM), construction robots, Smart Site Safety System (4S), and Modular Integrated Construction (MiC), thereby enhancing quantity, speed, efficiency and quality and safety standards. The CIC will continue to support the sector’s needs in innovation, technology and manpower development through the CITF and relevant training programmes.’

Cultivating talent is one of the missions of the CIC. With the support of the Development Bureau, the CIC launched the “Construction Industry Professional Degree Graduate On-the-Job Training Subsidy Scheme” (Subsidy Scheme), following the announcement of last year’s Budget. It allocated HK$174 million to subsidise on-the-job training for approximately 2,500 graduates of degree programmes in engineering, architecture, surveying, planning and landscape architecture, as well as 400 graduates from construction-related higher diploma programmes. To sustain talent development, the CIC will continue the Subsidy Scheme this year, allocating an additional HK$180 million to benefit 2,600 graduates of degree programmes and 400 graduates from higher diploma programmes.

In terms of infrastructure and land development, this year’s Budget reaffirms the innovative approach of accelerating Northern Metropolis development through the large-scale land disposal approach. It also proposes that first batch of site formation works for the I&T land in San Tin Technopole and the university land in Hung Shui Kiu will be completed within this year. The CIC supports the Government’s action to seek funding approval from Legislative Council for kickstarting development projects at Ngau Tam Mei, San Tin Technopole, and Kwu Tung North. We believe these initiatives will drive stable economic growth for Hong Kong, present substantial opportunities for the construction industry, and create higher-quality living spaces for residents.

Since 2023, the CIC has actively promoted the adoption of 4S within the industry, leveraging technology to continuously enhance site safety and management standards. The Government has been actively exploring with the Qianhai Authority for the pilot implementation of Hong Kong’s New Engineering Contract form and 4S in Qianhai. The CIC believes this initiative will facilitate the alignment of the Mainland’s engineering contract and management system with Hong Kong and international standards. The CIC will continue to engage with the Government to drive the continuous improvement of Hong Kong’s construction management standards and safety, leverage Hong Kong’s international strengths, and will jointly establish GBA Construction Standards, supporting Guobiao (GB) to gain access to the global market.

The measures outlined in this year’s Budget will play a vital role in driving the long-term development of the construction industry. Looking ahead, the CIC will maintain close communication with the Government and the industry to assist in effectively utilising the CITF, talent development initiatives, and smart site demonstration projects. This will accelerate the implementation and application of innovative technologies, propelling Hong Kong’s construction industry towards a new era characterised by enhanced safety, greater efficiency, and strengthened international competitiveness.