NEW YORK, Aug. 25, 2026 /PRNewswire/ — Londian Wason New Energy Technology Group (NYSE: FOIL), a global manufacturer of electrodeposited copper foil for electric vehicle batteries and printed circuit boards, completed its initial public offering on the New York Stock Exchange on August 12, 2026. With an operating history spanning more than two decades, the company’s strategic value is being redefined as the global computing race shifts from chip performance to upstream critical materials.

Investors signaled strong confidence in the industry leader on its trading debut. Londian Wason’s shares opened higher and surged to an intraday peak of $28.49 before closing at $24.50. The stock posted an 11.36% gain on its first day of trading.

As mainland Chinese manufacturers shift production toward high-end HVLP and ultra-thin foils, Londian Wason is positioned at the intersection of two structural growth drivers: global clean-energy electrification and AI computing infrastructure expansion. Markets frequently label the company strictly as a “battery materials supplier”. This label understates Londian Wason’s core strength in precision manufacturing of advanced copper-based materials, covering both ultra-thin lithium-ion battery foils and low-roughness PCB foils. Such manufacturing capability has taken on heightened strategic value in the AI era. Goldman Sachs projects demand for HVLP copper foil to expand at a 97% compound annual growth rate, with AI-server-driven demand jumping more than sixfold between 2025 and 2028. Londian Wason’s proprietary HVLP foil achieves a surface roughness below 0.6μm, while its RTF foil registers under 1.5μm, supplying 5G communications, AI servers, and high-speed data centers. Meanwhile, rising global EV adoption and energy‑storage deployments continue to anchor baseline demand for lithium‑battery copper foil. Benefiting from dual growth curves—a stable base in electrification alongside high-margin upside from AI infrastructure—Londian Wason has expanded its top-line revenue and bottom-line profits, driving a valuation re-rating from a traditional materials supplier toward a core technology hardware supply chain play.

Londian Wason enters this upcycle with a strong financial profile. In 2025, the company topped global lithium‑ion battery copper‑foil sales at 111,985 metric tons. For the first quarter ended March 31, 2026, revenue rose 113.71% year-over-year to RMB 4.07 billion, while net profit reached RMB 134.5 million. While the broader copper foil sector has rebounded from its downturn, Londian Wason outperforms regional peers on both scale and profitability. South Korea’s Lotte Energy Materials posted Q1 2026 revenue of KRW 159.8 billion (up 1.2% YoY) and remained in an operating loss. Solus Advanced Materials recorded Q1 revenue of KRW 192.6 billion (up 22.2% YoY) but also stayed unprofitable. In Japan, Mitsui Mining & Smelting generated JPY 21.0 billion in Q1 copper foil sales—up 37.1% YoY on AI-driven PCB demand—though group-wide growth remained limited. Londian Wason’s market leading position and global operational footprint allow it to maximize capacity utilization and benefit materially from the cyclical industry recovery.

Behind these financial results lies a high barrier to entry rooted in precision manufacturing. Electrolytic copper foil production involves dozens of chemical and physical processes, including additive formulations, solution purification, current density control, and surface modification. Over years of high-volume production, Londian Wason has accumulated proprietary process parameters and formulas which cannot be easily replicated through capital expenditure alone. These strengths secure its long‑term advantages in production yield and product consistency.

Meanwhile, Londian Wason has built a top-tier global client ecosystem with key partners including LG Energy Solution, Panasonic Industrial Devices, and Samsung SDI. Londian Wason has partnered with LG for over a decade, earning its “S-Class Supplier” designation in 2024. It also maintains a 12-year supply relationship with Panasonic, a core partner in NVIDIA’s high-performance computing supply chain. Deep integration within global computing and new-energy networks made an NYSE listing a natural strategic step, granting direct access to international capital and multinational clients. What supports this global expansion is a sector-leading annual design capacity of 180,500 metric tons as of year-end 2025 across seven domestic production bases, capable of supplying a full spectrum of battery and PCB foils. For Londian Wason, the NYSE listing is more than a financing milestone. It marks a key step toward deeper overseas local‑capacity build‑outs and strengthens its global‑competitive position across both international capital and industrial landscapes.

HONG KONG, Aug. 25, 2026 /PRNewswire/ — Sensors AI Salon • Hong Kong will take place on Friday, 4 September 2026, 14:00 – 18:00 in Central, Hong Kong. Under the theme “The Future of Enterprise Growth: Employing AI Growth Team,” the event convenes senior decision-makers from Aviation, Banking & Finance, Hospitality, Premium retail, Property Development and Utilities  to move beyond AI hype and into proven, operational frameworks for enterprise growth.

The challenge is no longer whether to adopt AI, but how to operationalize it across the full growth funnel. This closed-door forum brings together senior leaders from Hong Kong’s leading enterprises and mainland China’s top AI and data companies to share practical experience, discuss real challenges, and explore the next generation of AI Growth Teams.

Why Attend — Three Reasons

• Actionable Framework. Walk away with a practical Data-to-Growth methodology you can apply directly to your own organization.
• Exclusive Insights. Two keynote sessions will showcase real AI growth team implementations and live product demonstrations.
• Peer Networking. Connect with dozens of senior leaders across Aviation, Banking & Finance, Hospitality, Premium retail, Property Development and Utilities in an intimate, invitation-only setting.

Event Highlights

The forum features two keynote presentations and three panel discussions. Welf Sang, Founder & CEO of Sensors Data, will present “From Data Driven to AI Growth Team”. He will share his insights on the limits of data-driven approaches — that data is an amplifier, not the business itself — and introduce Sensors Data’s strategic direction for the AI era: shifting from “purchasing growth software” to “hiring an AI Growth Team.”

You Chenjun, AGA Product Lead at Sensors Data, will present AGA — a hirable AI Growth Analyst and a specialized version of AGW (AI Growth Worker) for data analysis. Working as a digital employee within enterprise messaging workflows, AGA proactively monitors and alerts, pulls cross-system data, assigns tasks to team members, and naturally turns growth expertise into shared organizational capability through real-world usage.

The forum also brings together senior executives and industry leaders across various sectors to join three panel discussions, exploring data assetization and AI transformation under financial compliance, operational transformation and omnichannel AI execution, and AI-driven operations and customer engagement — collectively examining practical pathways and real-world challenges in enterprise growth in the AI era.

Agenda at a Glance

The afternoon agenda runs from 14:00 to 18:00 and blends keynotes, panel discussions, and open networking. Sessions are conducted in Cantonese, English and Mandarin:

• 14:00 – 14:25 Registration & Networking
• 14:25 – 14:30 Opening Remarks
• 14:30 – 15:00 Keynote 1: From Data Driven to AI Growth Team — Welf Sang (桑文锋), Founder & CEO of Sensors Data
• 15:00 – 15:45 Panel 1 (Cantonese): Data Assetization & AI Transformation: New Growth Strategies for Financial Services under Compliance Boundaries
• 15:45 – 16:00 Refreshment Break
• 16:00 – 16:20 Keynote 2: AGW — AI Growth Worker Available for Hire — You Chenjun (游臣隽), AGA Product Lead at Sensors Data
• 16:20 – 17:05 Panel 2 (Cantonese): The Next Era of Enterprise Growth: Operational Transformation & Omnichannel AI Execution
• 17:05 – 17:10 Refreshment Break
• 17:10 – 17:40 Panel 3 (English): The Next Era of Enterprise Growth: AI in Operation and Customer Engagement
• 17:40 – 18:00 Networking & Closing

Registration: Seats are limited and all registrations require final approval by Sensors Data. Submitting a registration does not guarantee attendance. Approved applicants will receive confirmation.

Register: https://docs.google.com/forms/d/e/1FAIpQLScktQw9VaAgktTxb6oa1DJMAiqQ8RiVC7CbR4rh7yZhSorCHQ/viewform?pli=1 • Contact:  ryanchan@sensorsdata.com 

About Sensors Data

Sensors Data is a leading enterprise-grade AI data growth service provider in China. Centered on its Sensors AI product suite, the company helps enterprises transition from “purchasing growth software” to “hiring an AI Growth Team” through products including AGW (AI Growth Worker), turning data into measurable business growth. Headquartered in Beijing, China, Sensors Data serves enterprise clients across Asia.

PROVIDENCIALES, Turks and Caicos Islands, Aug. 25, 2026 /PRNewswire/ — As Proof-of-Work mining becomes increasingly dependent on specialized hardware, energy resources and professional operations, direct participation remains out of reach for many individual users. KuMining, the cloud mining platform powered by global cryptocurrency exchange KuCoin, today announced the launch of KAS Cloud Mining, further expanding its multi-asset mining ecosystem and providing eligible users with a simpler way to access professional KAS mining infrastructure.

KAS is the native asset of Kaspa, a Proof-of-Work blockDAG network. As new KAS enters circulation through mining, access to hashrate allows users to participate in the network’s block production and security process, offering an alternative to purchasing the asset directly on the secondary market.

With KAS mining now primarily reliant on specialized ASIC hardware, users would otherwise need to purchase and transport equipment, secure suitable power and hosting, configure mining pools, and manage ongoing maintenance. KuMining brings these operational requirements together in a streamlined cloud mining experience, creating an accessible path between buying KAS and operating a physical mining setup.

Eligible users can select contracts ranging from 7 to 360 days and receive variable daily KAS mining output based on their purchased hashrate and applicable product rules. The pool-based model provides a more continuous and observable experience than probability-based solo mining, while removing the need to own or operate mining equipment.

KAS Cloud Mining also adopts KuMining’s “mine first, pay electricity later” model. Users pay the applicable hashrate fee upfront, while electricity charges are settled over time. This reduces initial cash requirements and provides greater cash-flow flexibility, without implying lower total mining costs.

“Mining should be accessible to anyone who wants to participate, not limited to those with the resources to purchase and operate specialized equipment,” said Jolie Du, Chief Operating Officer of KuMining. “By introducing KAS Cloud Mining, we are giving more users a simpler path into professional Proof-of-Work mining while taking another step in the expansion of KuMining’s multi-asset ecosystem. Our goal is to connect professional infrastructure with everyday users through a transparent and integrated experience.”

Integrated with KuCoin, KuMining enables users to receive and manage mining output without navigating separate mining pools, wallets and exchanges. The launch further extends KuMining’s Trade → Earn → Mine journey and reinforces its role as an accessible gateway to professional mining infrastructure.

KAS Cloud Mining is now available to eligible users here.

About KuMining

KuMining is a leading cloud mining platform developed by KuCoin, one of the world’s top cryptocurrency exchanges. Dedicated to democratizing mining, KuMining offers secure, efficient hashrate services to users globally, backed by cutting-edge infrastructure and seamless integration with KuCoin’s ecosystem.

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NEW YORK, Aug. 25, 2026 /PRNewswire/ — CLO Virtual Fashion (“CLO”), the leading innovator in 3D garment design technologies, secured an agreement that concludes its U.S. patent infringement lawsuit against Zhejiang Lingdi Digital Technology Co., Ltd. (also known as Linctex), the company behind Style3D. The legal action, initiated in 2023, alleged that Linctex engaged in willful and unauthorized use of CLO’s patented technology. The lawsuit sought damages and injunctive relief to halt infringement of three of CLO’s patents in the U.S. As part of the resolution, Linctex has admitted that the accused Style3D Studio software infringes upon CLO’s asserted patents (U.S. Patent Nos. 10,733,773, 11,410,355 and 11,222,448). In addition, Linctex has also admitted that CLO’s asserted patents are valid and enforceable. Other terms of the settlement remain confidential.

For over 15 years, CLO has earned the trust of many industries – including fashion design, garment production, automotive, home goods, filmmaking, VFX and gaming among others – through a relentless commitment to research and development and a culture of innovation. To protect the company’s ideas and inventions, CLO maintains a substantial portfolio of patents and intellectual property across the globe, including in the United States, Europe, South Korea, and China. CLO remains unwavering in its commitment to the protection of its proprietary technology and intellectual property.

“CLO has spent years and invested substantial resources and energy into developing groundbreaking solutions that have revolutionized numerous industries,” said Simon Kim, CEO of CLO Virtual Fashion. “The protection of intellectual property is not just about our business; it’s about maintaining the value of great ideas and fostering an environment of fair competition and innovation that benefits everyone. In this age of digitization, it is vital to safeguard the work of creators and inventors to ensure the healthy and sustainable growth of industry. This outcome demonstrates our commitment to that principle and to our user community.”

Renowned for its user-centric development, CLO has empowered many industries to embrace 3D design. In 2024, the Company’s commitment to research and innovation was recognized when Co-Founder Jaden Oh was presented with an Academy Award for contributions to filmmaking through the development of CLO’s Marvelous Designer software. CLO is steadfast in continuously improving and innovating its products and services for its users and clients.