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Bybit’s Yoyee Wang: Trust Will Define the Next Era of Institutional Digital Asset Adoption

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Bybit executive shares vision for regulation, tokenisation and institutional trust at LEAP East 2026

DUBAI, UAE, July 13, 2026 /PRNewswire/ — As digital assets move beyond early adoption and into the portfolios of global financial institutions, the defining question is no longer whether blockchain technology works, but whether institutions can trust the infrastructure behind it.

That was the central message delivered by Yoyee Wang, Global Head of TradFi and Real-World Assets (RWA) at Bybit, during a featured panel discussion at LEAP East 2026, where policymakers, financial institutions and technology leaders explored how trust is becoming the foundation of next-generation financial systems.

Speaking on the panel, “Trust Is the New Infrastructure: Security, Identity, Fraud & Regulation at Scale,” Yoyee outlined why regulation, client-first product design and practical real-world applications are becoming the key drivers of institutional adoption.

“Institutional adoption has never been about chasing the highest returns,” said Yoyee. “For professional investors, trust begins with capital preservation, regulatory certainty and infrastructure they can rely on. When those foundations are in place, innovation becomes far easier to embrace.”

Drawing on Bybit’s experience serving institutional clients globally, Yoyee observed that regulation has evolved from being viewed primarily as a compliance obligation into a strategic differentiator.

She noted that regulatory clarity provides confidence for existing clients to deepen their participation in digital assets while also encouraging new institutions to begin exploring the asset class. As more major jurisdictions establish clear frameworks, institutions are increasingly willing to allocate portions of their portfolios to digital assets, expanding participation across the broader ecosystem.

“Trust is built over time,” Yoyee explained. “Institutions don’t suddenly move significant capital into a new asset class. They start with measured allocations, validate the infrastructure, and gradually increase exposure as confidence grows. That’s how every financial market matures.”

Bybit's Yoyee Wang: Trust Will Define the Next Era of Institutional Digital Asset Adoption
Bybit’s Yoyee Wang: Trust Will Define the Next Era of Institutional Digital Asset Adoption

The discussion also explored the rapid emergence of tokenised real-world assets (RWAs) and the convergence between traditional finance and blockchain-based markets.

According to Yoyee, the industry’s role is not to persuade institutions to adopt blockchain, but to ensure the right infrastructure is ready when they decide the time is right.

“At Bybit, we see ourselves as infrastructure builders,” Yoyee said. “Our responsibility is to understand what institutional clients are trying to achieve and provide solutions that address those needs while maintaining the standards of security, governance and operational resilience they expect.”

Rather than focusing solely on yield opportunities, Yoyee highlighted that many traditional financial institutions prioritise protecting principal while seeking operational efficiencies. This shift is shaping how digital asset platforms design products for institutional investors.

She pointed to tokenised money market funds as one example where blockchain technology can enhance existing financial products by enabling clients holding on-chain assets such as stablecoins to access returns traditionally available in conventional financial markets, while maintaining flexibility over how they allocate capital.

“Technology should expand choice, not replace it,” Yoyee said. “Tokenisation gives institutions additional options to manage liquidity and capital more efficiently. Whether they adopt those solutions is ultimately their decision. Our role is to provide secure, trusted access when they’re ready.”

Throughout the discussion, Yoyee emphasised that successful institutional adoption depends on understanding clients’ underlying objectives rather than simply introducing new technology.

As digital assets become increasingly integrated into mainstream finance, she argued that long-term success will belong to platforms capable of combining regulatory excellence, trusted infrastructure and deep collaboration with financial institutions.

#NewFinancialPlatform

//ENDS

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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Beetles Gel Polish Unveils Its First-Ever Pantone® Collaboration: Beetles Nail Glow at Cosmoprof North America 2026

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Visit Booth 8215 from July 13–15 to discover the debut of Beetles Nail Glow, alongside the brand’s expansive Stay Shining and Beetles PRO systems featuring nearly 500 SKUs.

LAS VEGAS, July 13, 2026 /PRNewswire/ — Beetles Gel Polish, a global nail brand known for accessible gel nail solutions and creative color systems, announces the debut of Beetles Nail Glow, its first official collaboration with Pantone®, at Cosmoprof North America Las Vegas 2026. The brand will showcase the collection at Booth 8215 from July 13–15, together with its growing Stay Shining and Beetles PRO product systems.

The presentation marks a key milestone for Beetles Gel Polish as the brand continues to strengthen its presence across color innovation, complete nail systems, retail-ready solutions, and professional salon support.

Beetles Nail Glow
Beetles Nail Glow

The Debut of Beetles Nail Glow: A Healing-Led Color Story

As the hero launch of this year’s show, Beetles Nail Glow brings Beetles Gel Polish’s color expertise together with Pantone’s global color authority. Rooted in the concept of healing, the collection translates self-care, calm, and emotional expression into a sensorial color story for modern nail lovers.

The six-shade collection features a HEMA-free, TPO-free, and TMPTA-free formula designed to support a gentler nail experience. It delivers rich one-coat color payoff, smooth self-leveling performance, and an easy-control brush for more even application.

The hero shade, Medative State, is a soft pale blue created to evoke calm, clarity, and gentle renewal. Its name blends the feeling of “meditative” and “sedative,” capturing the soothing emotional energy at the heart of the collection.

“Beetles Nail Glow represents an important step in how we think about color,” said a Beetles Gel Polish spokesperson. “For us, color is not only about trend or appearance. It is also about emotion, self-care, and the small rituals that help people feel more confident, calm, and connected.”

The limited-edition collaboration opens for pre-order on beetlesgel.com on July 13, 2026.

Complete Nail Systems for Retail and Professional Scenarios

In addition to Beetles Nail Glow, Beetles Gel Polish will showcase its core product systems, including Stay Shining and Beetles PRO.

Stay Shining is designed as a full-spectrum nail system for retail accessibility and salon-quality results, supporting consumers across color, care, tools, and at-home nail creation.

Beetles PRO is a premium professional system developed for nail artists and salon environments, with a focus on reliable application, consistent results, and smoother professional workflows.

Together, the three systems reflect Beetles Gel Polish’s broader ambition: to support nail lovers and nail professionals with complete, scenario-based solutions across DIY, retail, and professional channels.

A Platform for Brand Growth and Industry Exchange

Cosmoprof North America Las Vegas provides Beetles Gel Polish with a key opportunity to connect directly with retailers, distributors, salon operators, beauty professionals, and industry partners.

At Booth 8215, attendees will be able to experience the debut of Beetles Nail Glow, explore the brand’s nearly 500-SKU product showcase, learn more about the Stay Shining and Beetles PRO systems, and receive custom on-site gifts.

The brand welcomes industry attendees to visit the booth and discover how Beetles Gel Polish is expanding its role in color expression, complete nail solutions, and global channel development.

About Beetles Gel Polish

Founded in 2017, Beetles Gel Polish is a global nail brand offering comprehensive nail solutions across retail and professional beauty. The brand’s product universe spans gel polish, nail color systems, nail care, press-ons, tools, lamps, nail art supplies, and professional salon products.

Today, Beetles Gel Polish reaches users across more than 30 countries and regions and has built a growing community of more than 18 million users worldwide. Through its expanding online and offline ecosystem, the brand continues to strengthen its presence across North America and global beauty markets.

Learn more at: https://www.beetlesgel.com/pages/blogs

Media Contact
Beetles Gel Polish PR Team
brand@beetlesgel.com

Wholesale Inquiries
Beetles Gel Polish Wholesale Team
wholesale@beetlesgel.com
Learn more about wholesale opportunities at beetlesgel.com.

Horgos: A global hub where opportunity and belonging attract international entrepreneurs

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BEIJING, July 13, 2026 /PRNewswire/ — A report from People’s Daily:

Horgos, situated within the Ili Kazak autonomous prefecture of China’s Xinjiang Uygur autonomous region, stands as a pivotal gateway for China’s westward opening-up.

Once a key staging post along ancient trade routes where camel bells echoed across the Gobi Desert,  today the city has become a vibrant business magnet, drawing investors and entrepreneurs from Central Asia and Europe.

For an increasing number of foreign businesspeople, Horgos is no longer just a destination for trade trips — it  has become a second home they keep returning to.

As dawn approaches, cross-border trucks queue efficiently at the Horgos highway port, navigating customs procedures.

Kazakh businessman Ilyas, with 14 years of experience in the Horgos fruit and vegetable trade, has witnessed this transformation firsthand.

Fresh produce trade depends heavily on swift clearance; delays lead to significant losses as perishable goods spoil quickly. Previously, Ilyas would arrive before daybreak just to secure precious delivery time.

To address sluggish customs procedures and high spoilage rates for fresh agricultural products, Horgos Customs established a China-Kazakhstan “green channel” for agricultural products, offering priority inspections and immediate release upon arrival.

The new arrangements have created a fresh rhythm for cross-border produce trade: goods picked in the morning can clear customs the same day and reach markets that very night, allowing high-quality Chinese agricultural products to reach overseas consumers while still fresh.

Recent years have seen new energy vehicle (NEV) exports emerge as a major growth driver for Horgos trade. Recognising the strong demand for Chinese electric vehicles across Central Asia, Kazakh businessman Khambati seized the opportunity, registered a company in Horgos, and entered the vehicle export logistics business.

To facilitate NEV exports, Horgos Customs introduced a fast-track clearance scheme for self-driven export commercial vehicles, significantly streamlining offline procedures and moving the entire process online.

The average customs processing time has been reduced from more than 30 hours to less than five. Standardized workflows, intelligent services and around-the-clock operational support have made Khambati’s logistics operations highly predictable and significantly improved delivery efficiency.

Horgos has also pioneered a new multilingual cross-border livestreaming business model, the first of its kind in Xinjiang. The local government provides free exclusive live-stream venues, builds professional livestream bases, and runs regular training courses for new streamers, offering hands-on guidance on product sourcing and account operation.

Today, over 20 livestreaming studios in the commercial building of the China-Kazakhstan Horgos International Border Cooperation Center stay busy with nonstop broadcasts, selling Chinese cosmetics, clothing and daily necessities to consumers in Central Asia and Europe.

Kazakh livestreamer Alten Asenbek moved into the Horgos cross-border e-commerce livestreaming base last December. Starting with barely any orders, he has now built a social media following of over 26,000, with peak hourly sales hitting 14,500 yuan (about $2,134).

At the Dastarkhan restaurant inside the Center, visiting merchants and local residents often gather around tables to chat.

Locals fondly call this little diner the “Sisters Restaurant.”It is a successful cross-border business jointly founded by Kazakh entrepreneur Toktabayeva Almira Sansiba and her Chinese partner Guli.

Recently, thanks to supportive policies, more than 80 percent of the restaurants, retail stores and accommodation providers inside the cooperation center have completed upgrades to their point-of-sale terminals. The new system supports dual-currency settlement in Chinese yuan and Kazakh tenge, and accepts international credit cards alongside mainstream domestic and overseas mobile payment methods.

 “The process is fast and secure,” Sansiba explained. “Customers simply scan a code to pay. Tenge amounts are automatically converted, and yuan funds arrive directly in our accounts.”

Booming business has turned Horgos into her second home. “I’ve made friends from all over the world. Diners stay for tea and long conversations after meals, just like family. We are no longer mere travelers; we have become part of one big family.”

Beyond creating a business-friendly environment, Horgos has continued to improve public services for foreign residents by leveraging talent policies associated with the pilot free trade zone and its broader opening-up initiatives.

In January last year, Uzbek businessman Bekzati relocated his family to Horgos to start a local business. Unfamiliar with both the language and local policies, he became deeply worried about finding schools for his three children. Community staff proactively reached out and eventually helped resolve his children’s schooling issue.

Catering to the large flow of foreign truck drivers and merchants passing through the port, the Yingtar community in the Horgos Industrial Park subdistrict has launched regular consultation sessions for international residents, targeting and addressing  their practical concerns.

With maturing public services and attentive, inclusive governance, Horgos is becoming a place that overseas merchants not only want to visit, but are also eager to return to, and, for many, a place they now call home.

 

Atlas Lithium Receives Strong Product Demand; On Track for Commercial Production in 2027

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Boca Raton, Florida – Newsfile Corp. – July 13, 2026 – Atlas Lithium Corporation (NASDAQ: ATLX) (“Atlas Lithium” or the “Company”) today announced that it is on track for first commercial production of lithium oxide concentrate in the fourth quarter of 2027. The Company’s 100%-owned and fully permitted Neves Project will feature a vertically integrated mining and processing industrial complex designed to produce approximately 150,000 tonnes of high-quality lithium oxide concentrate per year, a key component of the global battery supply chain for electric vehicles and energy storage systems. Reflecting the strength of the Neves Project, Atlas Lithium has received written product interest from multiple companies totaling more than three times its planned production capacity.

At the Neves Project, Atlas Lithium is building a socially anchored, sustainable operation that adds value domestically. The Company anticipates that its fully integrated facility will generate more than 5,000 direct and indirect jobs in the Jequitinhonha Valley, a developing region of Minas Gerais State in Brazil. Atlas Lithium maintains strong community relations and is committed to prioritizing local hiring and training for its operations. The Company’s full-time employees in the Jequitinhonha Valley already earn, on average, twice the prevailing local wage and receive healthcare coverage and other benefits that exceed regional standards. This approach has strengthened the Company’s social license to operate and fostered long-term partnerships with local communities.

Highlights

  • On Track for Q4 2027 First Production: Transitioning Atlas Lithium from developer to producer.
  • Fully Permitted Through Commercial Production: A major risk of any project has been eliminated.
  • Strong Market Interest: Written product interest cumulatively exceeds three times planned production capacity.
  • Robust Projected Economics: DFS results show a 145% after-tax IRR and an 11-month payback period, with operating costs of $489 per tonne versus recent market prices of roughly $2,300 per tonne.
  • Strong Employment and Social Contribution: Atlas Lithium’s Jequitinhonha Valley employees already earn twice the local wage and more than 5,000 additional direct and indirect jobs will be created.

Recent months have seen marked progress on-site, in partnership with leading Brazilian technical and engineering firms:

  • Promon Engenharia – Detailed engineering
  • TSX Engineering – Project management, cost control, planning, and risk management
  • Cerne Construções – Engineering, procurement, and construction of facilities
  • RETC Infraestrutura – Earthworks and civil construction
  • Alfa Engenharia – Electromechanical assembly

All partner contracts were finalized at or below Definitive Feasibility Study (DFS) budget levels, underscoring Atlas Lithium’s disciplined cost management and project execution.

“We believe the Neves Project ranks among the most capital-efficient lithium developments worldwide, and it is clear that global lithium buyers have taken notice,” said Marc Fogassa, Chief Executive Officer and Chairman of Atlas Lithium. “Our continued progress reflects disciplined and methodical execution across every front – permitting, contracting, and engineering. Importantly, we are already creating some of the best jobs in the Jequitinhonha Valley, and our continued growth will translate into further gains for our communities and the local economy.”

Atlas Lithium holds the largest lithium exploration portfolio in Brazil among publicly listed companies – approximately 557 square kilometers of mineral rights across the country’s premier lithium districts. Over time, the Company intends to build on this footprint by expanding industrial capacity at the Neves Project and developing additional processing facilities across its broader project portfolio, thereby positioning Atlas Lithium to scale production as global lithium demand grows, driven by the expected long-term expansion of artificial intelligence data centers and continued electric vehicle adoption.

About Atlas Lithium Corporation
Atlas Lithium Corporation (NASDAQ: ATLX) is a lithium development company focused on advancing its Neves Project to production. The Neves Project is fully permitted, and its Definitive Feasibility Study demonstrates robust economics with a 145% IRR and an 11-month payback. With approximately 557 square kilometers of lithium mineral rights, Atlas Lithium owns the largest lithium exploration footprint in Brazil among publicly listed companies. Additionally, Atlas Lithium currently holds an approximate 20% ownership stake in Atlas Critical Minerals Corporation (NASDAQ: ATCX).

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: Atlas Lithium’s ability to successfully assemble and begin operations of its modular plant; reaching estimated production, development plans and cost estimates for the Neves Lithium Project as reported in the Definitive Feasibility Study (the “DFS”), included as Exhibit 96.1 to the Company’s Current Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 4, 2025; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs, and between estimated and actual production; results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium’s ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.

Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled “Risk Factors” in the Company’s Form 10-K filed with the SEC on March 4, 2026. Please also refer to the Company’s other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company’s views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements unless as otherwise required by applicable law.

Investor Relations
Gary Guyton
Vice President, Investor Relations
+1 (833) 661-7900
gary.guyton@atlas-lithium.com
https://www.atlas-lithium.com/
@Atlas_Lithium

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304861

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

First Phosphate Closes Final Tranche of Oversubscribed Private Placement

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Saguenay-Lac-Saint-Jean, Québec – Newsfile Corp. – July 13, 2026 – First Phosphate Corp.(CSE: PHOS) (OTCQX: FRSPF) (OTCQX ADR: FPHOY) (FSE: KD0) (“First Phosphate” or the “Company“) is pleased to announce that, on July 10, 2026, it closed the final tranche of its non-brokered private placement financing (the “Offering“), as further described in the Company’s news releases dated May 28, 2026 and June 15, 2026.

In aggregate, under the two tranches of the Offering, the Company has raised gross proceeds of $17,698,290 through the issuance of 7,238,070 Flow-Through Shares for gross proceeds of $14,476,140, and through the issuance of 1,611,075 Hard Dollar Units for gross proceeds of $3,222,150.

Under this tranche of the financing, the Company raised a total of $2,277,650 through the issuance of 960,500 Flow-Through Shares for gross proceeds of $1,921,000 and 178,325 Hard Dollar Units, comprised of 178,325 Common Shares and 178,325 Warrants, for gross proceeds of $356,650.

Together with this Offering, and since June 2022, the Company has raised approximately $80.2 million in 11 management-led non-brokered private-placement financings and from funds received from option and warrant exercise.

In connection with the current tranche of the Offering, the Company paid $12,000 in cash finder’s fees, issued 8,040 compensation Common Shares at a deemed price of $2.00 per common share (each a “Compensation Share”), and issued 14,040 Compensation Warrants. In aggregate between the two tranches, the Company paid $168,880 in cash finder’s fees, issued 330,960 Compensation Shares and issued 424,400 Compensation Warrants. All securities issued under the Offering are subject to a four-month and one day statutory hold period in accordance with applicable securities laws. The Company intends to use the proceeds from the Offering as disclosed in the Company’s press release dated May 28, 2026. Capitalized terms used in this news release and not defined herein have the meanings given to them in the Company’s news release dated May 28, 2026. The Company may close another tranche of the Offering at its discretion subject to the Policies of the Canadian Securities Exchange.

Board Appointment

The Company is pleased to announce the return of Peter Kent to its board of directors effective July 10, 2026. Mr. Kent has been instrumental in the development of the Company having previously served as President, as a director and as an advisor to the Company. All existing directors will also remain on the Board.

Audit Committee Changes

The Company has restructured its Audit Committee in connection with Mr. Kent’s appointment to the Board with Mr. Kent replacing John Passalacqua on the Audit Committee. The Audit Committee now consists of Laurence W. Zeifman (chair), Peter J. F. Nicholson, and Mr. Kent.

RSU and Option Grant

Mr. Kent has been granted: (i) 51,134 restricted share units with 11,134 vesting on August 31, 2026 and 40,000 vesting on February 28, 2027; and (ii) 300,000 incentive stock options with each option exercisable for one common share of the Company at $2.00 until December 29, 2028. The options shall vest in four tranches with 25% vesting on each of January 10, 2027, July 10, 2027, January 10, 2028 and July 10, 2028.

About First Phosphate Corp.

First Phosphate (CSE: PHOS) (OTCQX: FRSPF) (OTCQX ADR: FPHOY) (FSE: KD0) is a mineral exploration and development and clean technology company dedicated to building and reshoring a vertically integrated mine-to-market supply chain for the production of LFP batteries in North America. Target markets include energy storage, data centers, robotics, mobility, and national security.

First Phosphate’s flagship Bégin-Lamarche property, located in Saguenay-Lac-Saint-Jean, Québec, Canada, represents a rare North American igneous phosphate resource producing high-purity phosphate characterized by very low levels of impurities.

For additional information
Bennett Kurtz
CFO, CAO
Tel : +1 (416) 200-0657

Investor Relations: https://firstphosphate.com/investors
General Inquiries: https://firstphosphate.com/contact
Website: www.FirstPhosphate.com
X : https://x.com/FirstPhosphate
LinkedIn : https://www.linkedin.com/company/first-phosphate

Forward-Looking Information and Cautionary Statement
This release includes certain statements that may be deemed “forward-looking information”. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In particular, this press release contains forward-looking information relating to, among other things, the completion of further tranches of the Offering, the intended use of proceeds of the Offering, the availability of tax credits, and regulatory approval including the approval of the Canadian Securities Exchange (the “CSE”). Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, development and exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions; that the Company and other parties will be able to satisfy stock exchange and other regulatory requirements in a timely manner; that CSE approval will be granted in a timely manner subject only to standard conditions and that all conditions precedent to the completion of the Offering will be satisfied in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. The Company does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. All forward-looking information contained in this release is qualified by these cautionary statements.

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

Lever Style Reports 2026 Interim Financial Results

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PERFORMANCE HIGHLIGHTS (H1 2026)

  • Revenue increased to US$113.2 million (up 23.8% YoY), driven by the 2 January 2026 acquisition of the Active Apparel Group Pty Ltd and Active Apparel Group (America) LLC (“AAG”) business which is now successfully integrated into the Group’s platform
  • Net profit grew to US$ 5.4 million representing a 1.8% increase YoY, after absorbing one-off integration costs arising from the AAG acquisition

STRATEGIC DEVELOPMENT

  • Deployed proprietary Product Lifecycle Management (“PLM”) system and in-house AI engine, advancing our transformation into a tech-enabled apparel platform and driving greater operating leverage

SHAREHOLDER RETURNS

  • Interim dividend maintained at HK3.0 cents per share, reflecting confidence in cash generation

HONG KONG SAR – Media OutReach Newswire – 13 July 2026 – Lever Style Corporation (HKEX: 1346, “Lever Style”), the world’s premier apparel production platform, today reported financial results for the six months ended 30 June 2026.

For the first half of 2026, Lever Style recorded a return to top-line growth. Following a defensive strategy in 2025 aimed at managing credit risk, the Group recorded total revenue of US$113.2 million, representing a 23.8% increase compared to the same period last year. “This revenue expansion was driven by the 2 January 2026 acquisition of the AAG business, which has now been integrated into our operating platform, providing a broader foundation for our growth trajectory.” said William Tan, CEO of Lever Style.

Navigating Integration for Long-Term Value

“While revenue expanded substantially, net profit for the period grew to US$5.4 million, representing a by 1.8% increase, compared to the first half of 2025. This short-term pressure on our bottom line reflects one-off, upfront integration costs. These primarily included temporary staff duplication costs as we merged workflows, systems, and personnel. We regard these transitional costs as necessary investments to secure the structural, long-term profitability of the acquired business.” Mr. Tan added.

With the integration phase now largely completed, the group’s cost structure is better optimized, and the group will enjoy the operating leverage that enhanced scale provides.

Strategic Technology & In-House AI Solutions

The group’s platform-based strategy continues to progress, converting its operational capabilities from a traditional apparel supplier into a tech-enabled enterprise. During the period under review, Lever Style successfully developed and deployed its own PLM system, among other solutions. These internal enterprise systems are designed to enhance workflow transparency, accelerate speed-to-market, and reduce waste across the group’s asset-light supply chain.

Capitalizing on its expanding internal R&D capabilities, the group has also customized AI solutions to fit its specific business model. Rather than relying on generic off-the-shelf software, these proprietary tools support day-to-day merchandiser productivity and factory coordination, reinforcing Lever Style’s long-term competitive advantage.

Market Outlook: Premium Resilience in a K-Shaped Economy

“The US market—our primary market—has proven surprisingly resilient through the first half of 2026. However, underneath the headline figures lies a visible ‘K-shaped’ economic split: a highly promotional and pressured middle market where retail liquidity remains tight and consumers are value-sensitive, and a premium/affluent tier of high-income consumers whose discretionary spending remains relatively stable, sustaining steady demand for premium products and services.” Stanley Szeto, Executive Chairman of Lever Style, commented.

Lever Style remains largely insulated from mass-market volatility due to its focus on upscale designers and premium fashion brands. Because the group’s brand portfolio aligns with this more resilient premium sector of the market, it remains well-positioned to navigate current economic conditions.

Future Prospects & Financial Synergies

Looking toward the second half of 2026 and into 2027, the group’s strategic roadmap focuses on three primary operational and financial levers:

  • AAG Bottom-Line Contribution: With major integration headwinds resolved, the AAG activewear business is expected to start contributing to the bottom line in H2 2026, with net profit margins of this business targeted to improve steadily, with the aim of approaching the margin profile of Lever Style’s legacy business in 2027.
  • Targeting Operating Leverage: As expanded volume is funneled through the group’s upgraded digital platform, Lever Style is targeting synergies from operating leverage across its vendor network, allowing fixed overheads to be managed more efficiently.
  • Pursuing M&A Opportunities: By integrating the AAG business, Lever Style has demonstrated the scalability of its own platform. Consequently, the group remains active in evaluating a pipeline of further value-accretive acquisitions to expand its product capabilities and geographical production footprint.

“The Group has completed the primary phases of integration, upgraded its technology base, and remains aligned with the more resilient segments of consumer demand. The Board remains confident in our underlying business model and our ability to deliver long-term value to shareholders.” Mr. Szeto concluded.

For more details, please visit: https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0713/2026071300602.pdf

Hashtag: #LeverStyle





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

Lever Style Corporation

Listed on the Hong Kong Stock Exchange, Lever Style (HKEX 1346) is the world’s premier apparel production platform for premium contemporary and designer brands such as Alexander Wang, Theory, Todd Snyder, and Aimé Leon Dore; active and performance brands such as Arc’teryx, Columbia Sportswear, Helly Hansen, Spanx, Skims, and J.Lindeberg; and digitally native brands and platforms such as Mizzen+ Main and Bonobos.

Our supply chain solutions encompass fashion design, prototype development, raw material procurement, production, quality control, and logistics. Our innovative, modularized multi-country platform delivers high-mix, low-volume orders and reduces excess inventory and stockouts. Our versatile approach is rooted in decades of technical expertise gained from working with many of the world’s highest-quality and most demanding brands. We support production for 175 brands through a network of more than 150 factories across eight countries: Vietnam, China, Indonesia, Bangladesh, Cambodia, Sri Lanka, India and Thailand. A certified B Corp, Lever Style is a committed ESG leader in the apparel production sector.

The Changsha Jiandu Museum launches its Digital Exhibition Hall, Allowing Visitors from All Over the World to Adopt Digital Collections with One Click

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CHANGSHA, CHINA – Media OutReach Newswire – 13 July 2026 – The digital revolution is reshaping the way people experience museums and cultural heritage. Exploring cultural treasures online without leaving home has become a new way for the public to appreciate history. The year 2026 marks the 30th anniversary of the discovery of the Zoumalou Wu Kingdom bamboo slips from the Three Kingdoms period. As part of a series of commemorative events launched by Changsha Evening News, a major highlight was unveiled on July 10—the Digital Bamboo Slips Exhibition Hall officially went online, alongside the launch of a global adoption program for digital collections, offering history and culture enthusiasts around the world a cultural gift spanning thousands of years.

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In 1996, more than 100,000 bamboo and wooden slips from the Kingdom of Wu during the Three Kingdoms period were unearthed from an ancient well at Zoumalou in Changsha, filling a gap in historical records on local society during the Three Kingdoms period. On November 8, 2007, the Changsha Jiandu Museum officially opened to the public. To meet the needs of history and culture enthusiasts at home and abroad to explore bamboo slips up close, Changsha Evening News has developed and launched the Digital Bamboo Slips Exhibition Hall. Powered by digital technologies, the exhibition hall breaks the limitations of traditional physical exhibitions and creates an online museum space that remains open 24/7. It provides global audiences with a new, barrier-free way to appreciate and explore bamboo slips dating back thousands of years.

Integrating cutting-edge digital technologies such as XR and AI, the exhibition hall brings together multiple sections, including the digital exhibition hall, digital collections, panoramic virtual tours, historical neighborhood tours of ancient Changsha, and interactive bamboo slips games. Through an innovative “culture + technology” approach, it explores new pathways for the global communication of museum culture, allowing Three Kingdoms-era bamboo slips that have remained hidden for millennia to transcend geographical and physical exhibition constraints and open a window for people around the world to better understand Chinese history and culture.

Digital collections are a highlight of the online exhibition hall. Visitors can zoom in and out with simple gestures to examine the complete forms and details of bamboo slips in high definition. Through the integrated panoramic tour function, they can enjoy an immersive virtual visit to all exhibition halls of the Changsha Jiandu Museum, while also exploring landmark sites such as Tianxin Pavilion, the ancient city wall, and Baisha Ancient Well. With just one click, visitors can embark on a journey through the historical and cultural neighborhoods themed around bamboo slips. The smart guide system breaks down language barriers by providing multilingual interpretation services in Chinese, English, Japanese, Korean, Arabic, and French for visitors worldwide. Visitors can also take part in engaging interactive experiences, such as assembling bamboo slips and other activities.

Alongside the launch of the Digital Bamboo Slips Exhibition Hall, the Global Digital Bamboo Slips Collection Adoption Program was officially unveiled. By logging into the online exhibition hall, visitors at home and abroad can browse digital collections and create their own personalized digital collections with a single click. They can also share them instantly on major global social media platforms, providing a new model for the international digital dissemination of Changsha’s museum culture.

A representative of the Changsha Jiandu Museum said that, after three decades of cultural accumulation and research, the bamboo slips unearthed from the Zoumalou Site are now embracing new possibilities through digital dissemination, opening up a broader path for the innovative utilization of cultural heritage. Through this initiative, the Three Kingdoms-era bamboo slips preserved in Changsha will reach Chinese culture enthusiasts around the world, using digital museum platforms to tell compelling stories of China that are authentic, engaging and inspiring.

Hashtag: #ChangshaJianduMuseum

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PolyU signs tripartite MoU with Dassault Systèmes and PAIEvo in Paris to advance cross-continental collaboration in research innovation

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HONG KONG SAR – Media OutReach Newswire – 13 July 2026 – The Hong Kong Polytechnic University (PolyU) has signed a tripartite strategic Memorandum of Understanding (MoU) in Paris with globally renowned Dassault Systèmes and PAIEvo (HK) Limited (PAIEvo), a fully owned subsidiary of XtalPi Holdings Limited (XtalPi) listed in Hong Kong, to jointly promote collaboration in research innovation and talent development. This partnership marks an important milestone in PolyU’s development and underscores the University’s active role in fostering cross-continental collaboration to advance innovation and technology in Hong Kong, the Nation and the world. It also highlights the University’s international strategy to develop overseas innovation and entrepreneurship hubs, with Paris as its first foothold in Europe.

Prof. Christopher Chao, Senior Vice President (Research and Innovation) of PolyU (3rd from left); Mr Nicolas Jeannée, Vice President 3DEXPERIENCE Edu of Dassault Systèmes (centre); Dr Kevin Tsai, Vice President of XtalPi and CEO of PAIEvo (3rd from right); Prof. Zijian Zheng, Vice President (Knowledge Transfer) of PolyU (2nd from left); Ms Joanne Li, 3DEXPERIENCE Edu Sales Director of China, Dassault Systèmes (2nd from right); Ms Ruyu Wang, Senior Director of External Affairs and Communications of XtalPi (1st from right); and Ms Amylia Chan, Interim Director of Knowledge Transfer and Entrepreneurship, PolyU (1st from left) posed for a group photo at the MoU signing ceremony.
Prof. Christopher Chao, Senior Vice President (Research and Innovation) of PolyU (3rd from left); Mr Nicolas Jeannée, Vice President 3DEXPERIENCE Edu of Dassault Systèmes (centre); Dr Kevin Tsai, Vice President of XtalPi and CEO of PAIEvo (3rd from right); Prof. Zijian Zheng, Vice President (Knowledge Transfer) of PolyU (2nd from left); Ms Joanne Li, 3DEXPERIENCE Edu Sales Director of China, Dassault Systèmes (2nd from right); Ms Ruyu Wang, Senior Director of External Affairs and Communications of XtalPi (1st from right); and Ms Amylia Chan, Interim Director of Knowledge Transfer and Entrepreneurship, PolyU (1st from left) posed for a group photo at the MoU signing ceremony.

The signing ceremony was held earlier at Dassault Systèmes’ Paris-area headquarters. Witnessed by Prof. Christopher CHAO, Senior Vice President (Research and Innovation) of PolyU; Mr Nicolas JEANNEE, Vice President 3DEXPERIENCE Edu of Dassault Systèmes; and Dr Kevin TSAI, Vice President of XtalPi and CEO of PAIEvo, the MoU was signed by Prof. Zijian ZHENG, Vice President (Knowledge Transfer) of PolyU; Ms Joanne LI, 3DEXPERIENCE Edu Sales Director of China, Dassault Systèmes;and Ms Ruyu WANG, Senior Director of External Affairs and Communications of XtalPi.

Under the collaborative framework, the three parties will jointly pursue a range of initiatives, including advancing the digitalisation of smart laboratories, expanding research and development (R&D) in new materials, developing proprietary computing capabilities and molecular simulation tools, building an ecosystem for new substance discovery, and nurturing relevant professional talent.

Prof. Christopher Chao remarked, “PolyU has been strengthening its research and knowledge transfer strategy in recent years, from establishing a robust network of Mainland Translational Research Institutes (MTRIs), setting up the incubation centres, InnoHubs, across Hong Kong and the Chinese Mainland, to progressively expanding our global footprint by building overseas innovation hubs, with Paris serving as our first stop in Europe. Meanwhile, we proactively align our research with industry demands, with market-oriented innovation at its core. This is the foundation of our close partnership with Dassault Systèmes. By bringing together the distinctive strengths of the three parties, this partnership enables us to fully leverage cross-sector and cross-border synergies among academia, research and industry. It will not only advance our respective development but also bring tangible benefits to society.”

Welcoming the delegations, Mr Nicolas Jeannée described the meeting as “highly meaningful”. He said, “This partnership connects not only Hong Kong and France, but also academia and industry. From the establishment of the Center of Excellence in 2025 to Dassault Systèmes’ official presence in Hong Kong in 2026, our collaboration with PolyU has continued to reach new heights. We look forward to working closely with our partners to generate more innovative outcomes and contribute to global digital transformation.”

Dr Kevin Tsai stated, “This strategic collaboration, formed through our subsidiary PAIEvo with Dassault Systèmes and PolyU, marks another important step for XtalPi’s journey toward the ‘Lab of the Future’. By integrating the strengths of the three parties in intelligent decision-making and Physical AI, virtual twin modelling, and cross-disciplinary academic research, we aim to accelerate the development of a self-learning closed loop encompassing intelligent design, physical experimentation, digital simulation and innovative applications, thereby advancing the R&D paradigm toward autonomous discovery.”

PolyU expands its global footprint by building its first overseas innovation hub.
PolyU expands its global footprint by building its first overseas innovation hub.

As a subsidiary of XtalPi, PAIEvo leverages XtalPi’s AI for Science platform, built on quantum physics, AI, and robotic experimentation, to systematically extend its proven R&D capabilities and technology strengths into key scenarios of new materials R&D. Dassault Systèmes, meanwhile, creates virtual worlds through its 3D design software, 3D Digital Mock-Up and Product Lifecycle Management solutions, reshaping the way products are designed, manufactured and supported.

The University’s collaboration with Dassault Systèmes began in 2003. What started as a software licensing relationship has gradually developed into a comprehensive and multi-layered partnership embracing research and talent development. Last year, this partnership reached a new milestone with the establishment of the Dassault Systèmes–PolyU Center of Excellence, the first of its kind in the Asia-Pacific region. Combining PolyU expertise in AI, robotics and materials innovation with Dassault Systèmes leadership in virtual twin technologies, the Center has laid a solid foundation for the company’s expansion in Hong Kong and has become an important platform for driving innovation in ‘AI + materials’ and ‘AI + virtual twin’.

The PolyU-Dassault Systèmes partnership also demonstrates the University’s proactive role in helping attract internationally renowned enterprises and talent to Hong Kong. Through the support of the HKSAR Government’s Office for Attracting Strategic Enterprises (OASES), and with PolyU’s recommendation and support, Dassault Systèmes was selected as one of OASES’ sixth batch of 22 strategic enterprises, officially establishing its presence in Hong Kong and expanding its local operations. PolyU will continue to support Dassault Systèmes development in Hong Kong by strengthening links between the “AI + manufacturing” innovation ecosystems of Hong Kong and France, while also leveraging its strong network of translational research institutes and centres in the Chinese Mainland to facilitate the company’s further expansion there.

During its visit to Dassault Systèmes, the PolyU delegation toured “The Playground”, an immersive experience space showcasing innovative technologies and live demonstrations powered by the company’s 3DEXPERIENCE platform. The delegation also visited the company’s 3DEXPERIENCE Lab to learn more about the innovative products and solutions developed by startups nurtured by Dassault Systèmes. The three parties additionally held in-depth exchanges and discussions on the practical implementation of their future collaboration.

Hashtag: #PolyU

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