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Woori IO Shareholders Approve Share Exchange to Become Wholly-Owned Subsidiary of OSR Holdings

Company advancing dual clinical pathways, including a Samsung-supported PoC trial in Korea and a planned U.S. FDA trial with a leading California research university

BELLEVUE, Wash., Dec. 20, 2025 /PRNewswire/ — OSR Holdings, Inc. (NASDAQ: OSRH) (“OSR Holdings”), a global healthcare holding company, today announced that the shareholders of Woori IO Co., Ltd. (“Woori IO”), a leading Korean medical device innovator in noninvasive glucose monitoring technology, approved a share exchange at an Extraordinary General Meeting (“EGM”) held at Woori IO’s headquarters in Jeonju, Korea. The approved share exchange will result in Woori IO becoming a wholly-owned subsidiary of OSR Holdings Co., Ltd. (“OSRK”), the Korean intermediate holding company of OSR Holdings, Inc.

Upon completion of the share exchange, Woori IO will become a wholly-owned subsidiary of OSRK, marking the final step in a sequence of corporate actions designed to integrate Woori IO fully into the OSR Group ecosystem.

Woori IO is currently collaborating with Samsung Electronics on a Proof-of-Concept (“PoC”) study in South Korea aimed at achieving Korean regulatory approval for its breakthrough noninvasive blood glucose monitoring platform.

With the corporate combination now finalized, Woori IO also plans to initiate U.S. market development activities, supported by an invitation from a prestigious research university to collaborate on a U.S. FDA clinical trial for Woori IO’s technology. This collaboration is expected to serve as a foundation for advancing Woori IO’s regulatory and commercial strategy in the United States.

“Integrating Woori IO into OSR Group strengthens the foundation for global expansion,” said Peter Hwang, CEO of OSR Holdings. “We look forward to supporting Woori IO as it advances its regulatory pathways in Korea and begins its U.S. clinical initiatives. Their breakthrough noninvasive glucose monitoring technology represents a major step toward improving metabolic health worldwide.”

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding anticipated regulatory activities, clinical development plans, market expansion, strategic collaborations, and expected benefits from the integration of Woori IO into OSR Group. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, regulatory approval processes, clinical trial outcomes, operational challenges, market conditions, integration risks, and other factors described in OSR Holdings, Inc.’s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. OSR Holdings and Woori IO undertake no obligation to update or revise forward-looking statements, except as required by law.

About OSR Holdings, Inc.

OSR Holdings, Inc. (NASDAQ: OSRH) is a global healthcare holding company dedicated to advancing biomedical innovation approaches to health and wellness. Through its subsidiaries, OSRH is engaged in immuno-oncology, regenerative biologics, and medical device technologies. Its vision is to build a portfolio of breakthrough healthcare solutions to improve global health outcomes. Learn more at www.OSR-Holdings.com.

About Woori IO Co., Ltd.

Woori IO is a South Korea-based medical device company developing noninvasive biosensing technologies for glucose monitoring and beyond. Its proprietary NIRS-based system enables accurate, pain-free glucose tracking and is designed for integration into wearables. The company has been recognized by a leading global consumer electronics company’s startup program for its innovation in NIGM technology.

 

 

Global Times: ‘Three 30-million’ milestones in auto industry show China’s economic potential: People’s Daily article

BEIJING, Dec. 19, 2025 /PRNewswire/ — China’s economy is vast in scale and full of promise.

The Central Economic Work Conference summarized the key principles of conducting economic work under new circumstances with “five imperatives,” with “it is necessary to fully tap economic potential” ranked first.

Recently, the “three 30-million milestones” in the automotive industry have drawn attention. These milestones offer a clearer view of China’s economic potential.

At the end of October, FAW-Volkswagen celebrated the rollout of its 30 millionth vehicle. Over 34 years, the company has made a leap into high-end intelligent manufacturing and demonstrated the immense potential of the Chinese market for open, win-win cooperation.

On December 10, Changan Automobile marked the production of its 30 millionth Chinese-brand vehicle. It took 30 years to produce the first 10 million units, but only 4.5 years for the third 10 million. This achievement is the fruit of solid efforts to drive quality, efficiency, and dynamic transformations, showcasing the innovation capacity and brand strength of Chinese manufacturing.

On December 11, the China Association of Automobile Manufacturers released data showing that from January to November this year, China’s automobile production and sales both exceeded 31 million units. From leading the world in whole-vehicle exports to new-energy vehicles (NEVs) accounting for over half of new car sales, the rapid acceleration of the automotive industry during the 14th Five-Year Plan period (2021-25) highlights the advantages of China’s supersized market and its comprehensive industrial system.

“The Chinese economy is like a vast ocean, big, resilient and promising, and that we have the confidence and capability to navigate all kinds of risks and challenges.”

As we advance toward the 15th Five-Year Plan period (2026-30), by further harnessing the strengths of the socialist system with Chinese characteristics, the advantages of an ultra-large-scale market, a comprehensive industrial system, and abundant talent resources, we will seize the initiative in development amid challenges and storms, and moreover, we will pioneer new prospects and shape the future.

Innovation: A powerful engine

To tap the economic potential, we must first accurately identify where that potential lies. As the world’s second-largest consumer market, China boasts the world’s largest middle-income group and the most comprehensive industrial system. Its economic potential is released through transformation toward innovation and excellence.

From traditional fuel vehicles to NEVs, from electrification to intelligentization, innovation is the powerful engine driving the leapfrog development of the automotive industry.

Changan Automobile has established over 200 laboratories, while BYD and Leapmotor are each leading the way in the NEV sector… The deep integration of the automotive innovation and industrial chains creates new market advantages and enhances developmental autonomy.

The “takeoff” of the low-altitude economy, the empowering role of artificial intelligence (AI), and the “dual improvement in quantity and quality” of innovative drugs… In the first 11 months of this year, sales revenue in China’s high-tech industries increased by 14.7 percent year-on-year. Industries across the board are continuously creating surprises for the market.

Over the past five years, approximately 15 million new-energy vehicles have been sold in rural areas, while over the past three years, China Post has cumulatively delivered more than 10 billion parcels to villages… These vivid figures reflect the vast space for industrial prosperity, consumption upgrading, and infrastructure investment, as well as the vigorous potential of the lower-tier markets in China.

Imbalanced and inadequate development are shortcomings but also contain potential. From promoting high-quality development of county-level economies to strengthening coordinated development among major city clusters, fostering urban-rural integration and regional connectivity broadens new market space and creates new economic growth points.

A strong domestic market is a strategic foundation for Chinese modernization. By tapping potential through industrial depth, seeking opportunities in geographic space, and nurturing new growth from human development, the trend of China’s economy moving toward innovation and excellence becomes more pronounced.

Policy supports

To translate economic potential into development momentum, it is essential to combine policy support with reform and innovation.

The Central Economic Work Conference noted that “many old and new challenges remain in China’s economic development, the impact of external environmental changes is deepening, the contradiction between strong supply and weak demand domestically is prominent, and there are many risk hazards in key areas.” It also emphasized that “most of these are problems of development and transformation, which can be resolved through effort.”

The process of solving problems is the process of unleashing potential.

Take the automotive industry as an example. “Rat race” competition once intensified, with the profit margin of China’s automotive industry falling to 3.9 percent in the first quarter of 2025, lower than the average level of the manufacturing sector.

From launching special campaigns to rectify chaos in the online environment of the automotive industry to releasing the Price Compliance Guidelines for the Automotive Industry (Draft for Comments), these measures have contributed to an improvement in profitability, with the industry achieving a 4.4 percent year-on-year growth in profits during the first 10 months of the year.

How China pulled ahead to become a global leader in electric vehicles? An article on the website of The Washington Post in March of this year argued that for China’s leadership, success in EVs is primarily a triumph of industrial planning.

During the 14th Five-Year Plan period, ultra-long-term special treasury bonds supported equipment upgrades, spurring social investment; re-lending for technological innovation and technical transformation guided enterprises toward greener, more innovative, and smarter practices; talent cultivation and international cooperation promoted industrial upgrading… Leveraging the value-driven and strategic guiding roles of institutions and policies is a crucial method for stimulating economic potential.

Since the new era, from the world-leading research and application of AI to the leapfrog development of NEVs, these impressive innovative achievements have deepened our understanding of the profound judgment that “attempts to contain us will not succeed” and the strategic consideration of “fully leveraging the strengths of the new national system.”

Tailor-made measures

China is a vast country with significant differences in local conditions. Guided by the principle of “coordinating the whole as one chessboard,” it is essential to tailor measures to local conditions to unleash the comparative advantages and developmental potential of each region, pooling them into a powerful driving force for China’s economic development.

To unleash economic potential, we must skillfully apply dialectical thinking and adhere to the principle of “using the right key for the right lock.”

Balancing the part and the whole is key to identifying strategic positioning and avoiding a “one-size-fits-all” approach.

Anhui Province in East China, “closely focusing on the two keywords of integration and high quality,” leveraged its geographical advantages and industrial chain coordination to become the “leading province in automobiles.” Mohe in Northeast China’s Heilongjiang Province “took developing the ice and snow economy as a new growth point,” turning cold weather into a thriving cold-region vehicle testing industry.

Balancing strengths and weaknesses enables the leveraging of comparative advantages and avoids homogeneous competition.

In the Guangdong-Hong Kong-Macao Greater Bay Area, innovative clusters are vibrant and collaborative, demonstrating unity and joint efforts. In border regions, port economies and cross-border trade are booming, transforming inland frontiers into open frontiers… By proceeding from reality and pursuing development through positioning, differentiation, and leveraging unique strengths, regions can better achieve coordinated development.

Balancing the domestic and international spheres by adhering to opening-up development avoids isolation.

Building the Asia-Europe Golden Corridor, Xinjiang’s total foreign trade value has successively surpassed three 100-billion-yuan ($14.2 billion) thresholds. Relying on the construction of the Hainan Free Trade Port, the number of new foreign-invested enterprises in Hainan has grown at an average annual rate of 43.7 percent over the past five years.

Today’s potential gives birth to tomorrow’s momentum; today’s efforts shape future power.

By grasping developmental trends, strengthening confidence in development, and focusing on managing our own affairs well, we can surely transform boundless economic potential into surging developmental momentum. A strong start in 2026 will help achieve new leaps during the 15th Five-Year Plan period.

 

NYSE Content Advisory: Pre-Market Update + HawkEye 360 Acquires ISA with $150 Million in Financing

NEW YORK, Dec. 19, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE Content Advisory: Pre-Market Update + HawkEye 360 Acquires ISA with $150 Million in Financing

Ashley Mastronardi delivers the pre-market update on December 19th

  • Markets look to build off Thursday’s gains after the BLS reported cooler-than-expected inflation growth in November with a headline figure of 2.7%
  • HawkEye 360 announces the strategic acquisition of ISA and fresh raise of $150 million in financing.
  • The Shark Beauty Women’s Champions Classic rings the Opening Bell ahead of Saturday’s doubleheader from the Barclays Center in Brooklyn. UConn Head Coach Geno Auriemma will be on the bell podium for the celebration.
  • Orla Mining (NYSE American: ORLA, NYSE Texas: OLA) will ring the Closing Bell to celebrate its fifth listing anniversary

Opening Bell
Key makers of the Shark Beauty Women’s Champions Classic ring the Opening Bell ahead of Saturday’s event

Closing Bell
Orla Mining (NYSE American: ORLA) (NYSE Texas: OLA) celebrates its fifth anniversary of listing.

Click here to download the NYSE TV App

 

Spark X: The Journey to Ready-to-Use 3D Creation

SHENZHEN, China, Dec. 19, 2025 /PRNewswire/ — 

“Technology is not just a tool. It becomes part of our lives.”


This is the line in Her, a film about a future where technology feels less like a machine and more like an extension of human emotion. And in many ways, the future that once lived in imagination is no longer fiction. We’re living in a moment where tools that used to feel distant, cold, or intimidating are quietly becoming warmer, simpler, and more integrated into daily routines.

Not long ago, 3D printers were exactly the opposite: complex, technical devices reserved for experts and makers. But today, the whole landscape is shifting rapidly. The gap between complicated technology and ordinary life is narrowing. Creation no longer requires expertise, it simply needs a spark of curiosity.

The Spark that makes Spark X exist


Not just for makers or experts, Spark X stands for moving faster, focusing on simplicity, and reliability that makes creation effortless.

Why make users learn 3D printing when the product itself can handle complexity? By rethinking the 3D printing experience around immediate usability, Spark X makes it possible for anyone to move from idea to creation without being held back by technical barriers or steep learning curves.

Our perspective on this opportunity comes from thousands of conversations over the years of building with our users. Spending countless hours across all social platforms, seeing how people learn, struggle, and celebrate their first successes, has shaped our understanding of what truly matters most to 3D printer users. It became clear to us to find the path of 3D printing: Ready-to-use.

Ready to Use: The Principle Behind Every Spark X Decision

True “ready-to-use” experience comes from understanding exactly where beginners struggle. Every potential sticking point, from unboxing to the first print, is anticipated. Complex calibration, repeated tests, and confusing setup are removed, letting users focus on creation immediately. Intelligent algorithms reduce multi-color waste by 50%, so beginners can experiment freely without worrying about materials, while experienced users retain advanced options for precision and control.

AI acts as a creative partner, taking over tasks that once required experience. It searches globally for models, generates 3D designs from text or images, monitors prints in real time, and intervenes automatically when issues arise. Frequent updates integrate the latest AI capabilities, ensuring the printer grows smarter over time and every print remains reliable and inspiring.

The hotend is one of the most frequently handled parts of a desktop printer, but traditional replacements are risky and intimidating. Users often need to swap nozzles for wear, material changes, performance needs, or troubleshooting—but conventional designs involve heated disassembly, screws, wires, thermal paste, and fragile parts. Many users avoid it entirely, limiting flexibility and efficiency.

Spark X’s quick-change hotend was shaped through eight full design cycles and a complete structural rethink. Early prototypes still relied on threaded retention and partial wiring, which solved speed but not reliability. Later versions explored magnetic coupling, multi-point latches, anti-rotation keys, and finally a floating alignment system capable of repeatedly positioning within 0.05mm. Each iteration exposed new failure modes—from thermal creep affecting connectors, to repeated insertion loosening tolerances, to material expansion shifting alignment. By the final rounds, the team rebuilt the module from the inside out: relocating stress points, isolating heat, reinforcing the datum surfaces, and designing a locking motion that is intuitive yet mechanically robust.

The result is a mechanism that lets users replace a nozzle in three seconds—no tools, no wires, hot-swap supported up to 220°C, and over 500 verified insertion cycles. Maintenance becomes instinctive rather than technical, allowing anyone to change materials freely, recover from issues quickly, and treat the printer like a dependable tool instead of a fragile device.

Every design choice in Spark X, from effortless onboarding to AI-assisted printing to intuitive maintenance, removes barriers between curiosity and creation, setting the stage for the story of how Spark X truly began.

Minds Behind Spark X, Where the Idea Truly Began

Spark X didn’t begin with a single breakthrough or a moment of sudden clarity. It began with a small team that kept returning to the same question:

“Why is 3D printing still hard for so many people? Why can’t the product itself solve the problems, so users can focus directly on ideas?”

Inside the Spark X team, discussions often started from personal stories. The biggest inspiration came from my own family and friends.

I love printing small gifts for loved ones, keychains, tiny avatars, and custom tools. Every time we met, they would look at those prints with curiosity and say, “I really want to try this too. Which printer should I get? And every time, the hesitation arises. Because I knew what recommending a “beginner-friendly” printer really meant: a complicated unboxing, learning slicer software, material differences, parameter setting, and even further troubleshooting. Inevitably, I will be their “free tech support,” guiding them through every step. So after a moment of silence, I usually ended up saying, “Maybe… consider another hobby?”

Yet Spark X was shaped not only by frustrations, but by a few moments that made us feel what a truly effortless 3D printing experience could be. One of the earliest and clearest moments came from the quick-swap hotend. The first time we removed the entire nozzle module in just a few seconds during an internal demo, the room went completely still before anyone reacted. The operation was so simple, so unexpectedly natural, that even our own engineers were momentarily confused, “Wait… It’s already done?” That brief silence told us something important: when a task that used to be intimidating finishes in a snap, creativity becomes possible for far more people. It was the first time we felt how deeply meaningful “effortless” could be.

Another defining moment came when someone went from an idea to a finished print using only the mobile app. Seeing a user generate a design with AI, send it to print, and hold the object in their hand without touching a computer, configuring parameters, or learning a slicer, made the entire team pause. It was a glimpse into a world where creativity truly starts with curiosity, not technical knowledge. That moment became one of the emotional anchors of Spark X: lowering the barrier not by teaching more.

Other moments left their marks in quieter ways. Like watching the machine run steadily during long prints in extreme temperatures, giving us confidence that reliability could be something users feel rather than think about. Or the day a simple ambient glow light transformed the printer from a cold tool into something warm and welcoming, reminding us that people don’t just interact with machines; they live with them, create beside them, and often find comfort in the process itself.

These moments shaped our belief that 3D printing should never demand courage or expertise. Spark X was built on a different idea: Technology removes friction and respects the user’s feelings, and creativity becomes a natural part of life.

Spark X continues to evolve, combining user-centred design, AI-assisted printing, and effortless maintenance. Our goal is to make 3D creation universally accessible, reliable, and inspiring, so anyone can turn curiosity into creation, today and in the future.


About Spark X:

SPARKX is a new 3D printing brand born from Creality’s technical legacy, but engineered for a new generation. We’ve moved beyond intimidating, overly technical machines to create a product you can unbox and start using right away—one that looks cool on your desk and becomes genuinely addictive to play with.

Why did we create this? Because we noticed many young people are actually curious about 3D printing, but are held back by the same thoughts: “It’s too hard to use”, “It looks out of place on my desk”, “I’m just not sure what to do with it.” So we decided to start something new.

With AI that turns selfies into 3D models with one tap, RGB ambient lighting that elevates your desk vibe, and an ultra-simple process that gets you printing in just a few clicks. We wanted to turn the 3D printer into something you’re proud to keep on your desk, something you don’t want to turn off, something that makes your friends say, “Wow.”

That vision could only come to life by truly listening — So we did. We started with a simple mission: build what users actually asked for. We listened to the hopes of experienced creators and the pain points of newcomers. We validated them through rigorous research with thousands of users. Then, we built the SPARKX i7 to bridge that gap. Every feature, from its whisper-quiet operation to its AI-assisted setup, responds directly to your voice. This is 3D printing, redefined by users.

 

Advantech Accelerates AI Robotics and Machine Vision Deployment and Ecosystems with MIPI-C Standardization

TAIPEI, Dec. 19, 2025 /PRNewswire/ — Advantech (TWSE: 2395), a global leader in intelligent IoT systems and embedded platforms, today announces the launch of MIPI-C (MIPI over Type-C), a new open specification that brings standardization to AI robotics and machine vision. Advantech MIPI-C solves long-standing challenges of traditional MIPI CSI cameras, including cable design limitations, interference, short transmission distance, and complex multi-camera integration. It extends the transmission range from about 20 cm to up to 2 meters, greatly improving connectivity flexibility and expanding edge AI applications. With its low-latency, low-cost, high-bandwidth, scalable, and synchronized transmission capabilities, MIPI-C provides a stronger foundation for the next generation of edge AI sensing devices. Advantech is also opening all MIPI-C patents and technical specifications to promote industry collaboration with silicon partners, IPC makers and camera module partners, shortening development cycles, and speeds deployment of AI vision in robotics, smart manufacturing, traffic monitoring, and automation.

Advantech MIPI-C standardization for AI robotics and machine vision
Advantech MIPI-C standardization for AI robotics and machine vision

Open Standard Delivers Universal Imaging and Longer Reach for Edge AI

Advantech is redefining edge imaging for the fast-growing AI robotics market with MIPI-C, which encapsulates native MIPI CSI-2 signals over USB Type-C connector to deliver low latency and uncompromised image quality. Using metal shielding, differential signaling, and EMI-resistant design, MIPI-C ensures industrial-grade reliability. A single Type-C cable supports video, control, and power—enabling true one-cable integration. The transmission distance extends from 20 cm to 2 meters, making it ideal for humanoid robots, AMRs, and industrial vision systems while supporting multi-camera and multi-modal AI. MIPI-C also enhances EMI resistance and supports 2K–4K imaging for low-latency robotics and VLM applications. Additional features such as auto identification, over-current protection, LED diagnostics, and foolproof mechanical design further ensure long-term industrial reliability.

Co-Creating a Cross-Platform Ecosystem Toward Global Edge AI Standardization

Advantech is launching a global initiative to promote the MIPI-C standard under the theme “Standardization × Ecosystem.”

Phase 1: Product Integration & Market Validation

Advantech has partnered with Appro.Pho and Orbbec to release multiple MIPI-C camera modules, now integrated into edge AI systems such as the AIR-055 with the Qualcomm® Dragonwing™ IQ-9075, the AIR-075 powered by NVIDIA Jetson Thor, and the ARK-2252, powered by the latest generation of Intel® Core™ Ultra processors. With ready-to-use drivers and reference code, developers can quickly enable compatible cameras and accelerate AI imaging deployment.

Phase 2: Cross-Platform Open Ecosystem

Advantech will collaborate with 3-5 industry partners and camera module vendors to promote MIPI-C as an open standard and work with major AI chipmakers to develop new motherboard specifications for a cross-platform visual AI ecosystem.

Through an open MIPI-C standard, Advantech drives broader cross-platform adoption and accelerates the next era of AI machine vision across industrial cameras, transportation, medical imaging, and robotics. For more information, please contact your local Advantech sales team or visit www.advantech.com

L’OFFICIEL Launches a Remarkable Global Project Featuring Jay Chou on the Covers of L’OFFICIEL HOMMES Across Seven Countries and Regions

PARIS and NEW YORK and LONDON, Dec. 19, 2025 /PRNewswire/ — AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Group (“TGE”, NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., announce jointly the launch of a remarkable global project featuring Jay Chou, the King of Mandarin Pop, on the covers of L’OFFICIEL HOMMES across seven countries and regions.

In September 2023, L’OFFICIEL launched its first global cover project for Jay Chou, reflecting the brand’s commitment to bridging Eastern and Western cultures while empowering creativity and innovation worldwide. Jay Chou took center stage on the covers of L’OFFICIEL, across six countries, including China, Paris, Italy, the US, Singapore, and Malaysia.

L’OFFICIEL is honored to collaborate once again with Jay Chou this December for L’OFFICIEL HOMMES, the men’s edition. He is featured on the covers of seven global editions, including the inaugural issue of L’OFFICIEL HOMMES Asia, as well as editions from Paris, Italy, Hong Kong SAR, Singapore, the Philippines, and Malaysia. This collaboration coincides with the anticipation of Jay Chou’s upcoming album release and his new world tour next year, taking audiences on a journey through the heart of the king of Mandarin pop.

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:

IR Office

AMTD IDEA Group

EMAIL: ir@amtdinc.com 

For AMTD Digital Inc.:

IR Office

AMTD Digital Inc.

EMAIL: ir@amtdigital.net 

For The Generation Essentials Group:

IR Office

The Generation Essentials Group

EMAIL: tge@amtd.world

TGE, Subsidiary of AMTD Digital, Announces Successful Pricing of First SPAC Listing

PARIS and NEW YORK and LONDON, Dec. 19, 2025 /PRNewswire/ — AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Group (“TGE”, NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., announce jointly that TGE has successfully listed the first SPAC it sponsors, TGE Value Creative Solutions Corp (“TGE Value Creative Solutions”), on the New York Stock Exchange (the “NYSE”).

TGE Value Creative Solutions priced its initial public offering of 15 million units at $10.00 per unit. Its units will be listed on the NYSE and will begin trading on December 19, 2025 under the ticker symbol “BEBE U.”

Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments.

Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols “BEBE” and “BEBE WS,” respectively.

The listing of TGE Value Creative Solutions has achieved remarkable success, with the order book being oversubscribed and filled up by reputable investors.

TGE Value Creative Solutions may pursue an acquisition or a business combination with a target in any business or industry but is primarily focused on identifying and acquiring businesses within the media, digital media, entertainment, high fashion, lifestyle, culture, and gaming sectors, which are in line with TGE’s core business.

In July 2025, TGE announced its intention to pursue business expansion and acquisition strategy focused on strategically adjacent sectors. As part of this initiative, TGE plans to sponsor and list a series of special purpose acquisition companies (SPACs), which may then conduct various “de-SPAC” business combinations with potential acquisition targets. These “de-SPAC” transactions are expected to provide TGE with opportunities to extend its platform, fostering accelerated growth in areas that complement its core competencies. This strategy is designed to create synergies that will enhance overall value for shareholders in an accretive manner. The successful New York Stock Exchange listing of TGE Value Creative Solutions marks the first step of this strategy in action.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

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Pictor’s Test Poised to Transform Hepatitis B Immunity Testing Amid CDC Guidance Shifts

CARLSBAD, Calif., Dec. 19, 2025 /PRNewswire/ — With the CDC’s Advisory Committee on Immunization Practices (ACIP) recommending post-vaccination antibody testing for hepatitis B, laboratories are facing new demands to assess immunity more effectively. Pictor, a leader in targeted proteomics, today highlighted its ViraScreen-Core™ multiplex antibody assay, an established test already in use by CLIA-certified laboratories, as a ready solution to support this evolving public health guidance. Built for both serum and saliva, the assay offers unmatched flexibility for labs adapting to these changes while addressing broader infectious disease screening needs.

Hepatitis B remains a major global health challenge, yet immunity testing has historically been constrained by cost, operational complexity, and single-analyte approaches. Pictor’s ViraScreen-Core™ assay enables simultaneous detection of antibodies to hepatitis B, HIV-1, HIV-2, and hepatitis C from a single sample, reducing turnaround time, conserving patient samples, and supporting evidence-based clinical decision-making.

“Antibody testing gives laboratories flexibility as public health guidance evolves,” said Dr Jamie Platt, CEO of Pictor. “By offering a multiplex assay that works with both serum and saliva, we aim to help labs move toward evidence-based immunity assessment without adding operational complexity.”

Pictor has completed paired serum and saliva studies demonstrating high concordance, supporting saliva as a reliable testing matrix. This capability may help reduce barriers to testing, particularly in pediatric, community health, and decentralized care settings where blood draws can be challenging.

“Pictor’s ViraScreen-Core™ assay represents a valuable addition to our clinical laboratory,” said Dr Andrew Brown, Chief Commercial Officer at Sirona Dx. “Compatibility with saliva samples expands the environments in which testing can be conducted while the multiplex format supports streamlined, efficient workflows for infectious disease screening.”

Pictor is actively raising capital to support continued commercialization, assay menu expansion, and U.S. deployment of its targeted proteomics platform, building on early laboratory adoption of its technology.

For more information about Pictor’s ViraScreen-Core™ assay, visit www.pictordx.com

About Pictor

Pictor is a leader in flexible, targeted proteomics, delivering next generation multiplex solutions that empower clinical labs, diagnostic manufacturers, and veterinary providers worldwide. Powered by its patented PictArray™ platform, PictImager™, and AI-powered Pictorial™ software, Pictor delivers deeper insights from a single sample, offering faster, more affordable, and scalable results.

From infectious diseases to oncology, Pictor’s innovative technology is advancing both human and animal health, enabling breakthroughs in clinical decision-making. Headquartered in San Diego, Pictor Holdings Inc. is committed to driving innovation through solutions designed for unmatched performance, cost efficiency and productivity.

Discover how Pictor is shaping the future of proteomics testing at www.pictordx.com.

About Sirona Dx

Sirona Dx is technical CRO shaping the next generation of diagnostics to accelerate therapeutic development and advance precision medicine initiatives. Built at the intersection of science and technology, Sirona Dx is driven by innovation because enhanced diagnostics lead to better outcomes. For more information, visit www.sironadx.com.

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This press release is not an offer to sell securities or a solicitation of an offer to buy any securities and may not be relied upon in connection with the purchase or sale of any company security. This release may contain forward-looking statements regarding, amongst other things, the company’s expansion plans, product development initiatives, financing objectives, strategic partnership outcomes, and market positioning. Such statements are forward-looking statements and there can be no assurance that the results stated or implied by these forward-looking statements will actually be realized or achieved by the company. Forward-looking statements may be based on management assumptions that could prove to be incorrect. The company’s predictions may not be realized for a variety of reasons as the company’s business is subject to substantial risks and potential events beyond its control that could cause material differences between predicted and actual results.

Media Contact:
Kelly Krueger
415-235-5031
Kelly.krueger@audacityhealth.com