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Manar Abu Dhabi Reveals Artist Line-Up for Second Edition

ABU DHABI, UAE, Oct. 17, 2025 /PRNewswire/ — Organised by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), Manar Abu Dhabi is a public light art exhibition that aims to foster creativity while celebrating the emirate’s diverse landscapes. For its second edition, Manar Abu Dhabi will bring together 15 Emirati and international artists and artist collectives from 10 countries, featuring 23 works spanning site-specific light sculptures, projections, and immersive installations.

 

Iregular, CONTROL NO CONTROL, 2012. Photo courtesy of Iregular
Iregular, CONTROL NO CONTROL, 2012. Photo courtesy of Iregular

 

‘The Light Compass” presents contemporary artworks that explore light as both guide and medium in bridging its navigational and poetic dimensions. Curated by Khai Hori, Artistic Director, and co-curated by Alia Zaal Lootah (Curator), Munira Al Sayegh (Curator), and Mariam Alshehhi (Assistant Curator), Manar Abu Dhabi 2025 will take place across four key locations: Jubail Island, Souq Al Mina, and for the first time, Al Ain, with dedicated trails across Al Qattara and Al Jimi Oases.

Manar Abu Dhabi 2025 will run from 1 November 2025 to 4 January 2026 in Al Ain and from 15 November 2025 to 4 January 2026 in Abu Dhabi.

Jubail Island

Jubail Island will be the anchor location for Manar Abu Dhabi 2025. Celebrated for its natural landscape and unique biodiversity, visitors can wander along the sprawling boardwalks that meander through the mangroves and engage with 15 installations Highlights include:

  • EDEN (2025), a large-scale outdoor installation by Malaysian artist Pamela Poh (b.1991, Kuala Lumpur, Malaysia) featuring steel structures and suspended glass spheres illuminated at night
  • Inside a dome-like structure, UNFOLD (2025) by multidisciplinary studio DRIFT (est. 2007, the Netherlands) transforms visitors’ biometric data into unique, ephemeral flowers and soundscapes, while WHISPERS (2025) features a sea of delicate dancing lights that respond to the subtlest currents of air and movement. Alongside a captivating drone performance WIND OF CHANGE (2025)
  • Emirati sculptor Shaikha Al Mazrou’s (b. 1988, Sharjah. Lives and works in Dubai) CONTINGENT OBJECT (2025), a striking 30-metre circular land art installation that transforms over time as water crystallises into a salt disc
  • Montreal-based digital art studio Iregular (est. 2010. Based in Montreal, Canada) will activate the Island with four interactive installations; AS WATER FALLS (2022), FACES (2022), CONTROL NO CONTROL (2012), FORTUNES (2024) that utilise artificial intelligence, sensors and data visualisation

Other artists featured on Jubail Island include Ezequiel Pini (a.k.a. Six N. Five) (b.1985, Buenos Aires. Lives and works in Barcelona, Spain); Christian Brinkmann (b.1989. Lives and works in Hamburg, Germany); Kirsten Berg (b.1969, Berkeley, California, USA); Encor Studio (Est. 2016, Switzerland); and Lachlan Turczan (b.1993, Los Angeles, USA);

For its debut in Al Ain, Manar Abu Dhabi will transform Al Qattara and Al Jimi Oases with dedicated trails of light-based installations

Al Qattara Oasis Trail presents three artworks, with each installation responding to the oasis’ landscape and heritage:

  • Returning to Manar Abu Dhabi, Rafael Lozano-Hemmer (b. 1971, Mexico City. Lives and works between Montreal and Quebec, Canada) will present two works: TRANSLATION STREAM (2023), which presents poems by contemporary Emirati poets Nujoom Alghanem, Khalid Albudoor, and Adel Khozam as a slow stream of letters. Alongside PULSE CANOPY (2025), a hovering canopy of light that responds to the visitor’s heartbeat, upon placing their hand beneath a sensor
  • Stretching over 70 meters within a historic building, Emirati designer Khalid Shafar (b. 1980, Dubai, UAE) presents SADU RED CARPET (2025), reinterpreting Sadu, a traditional weaving technique within the United Arabi Emirates, and inscribed on the UNESCO List of Intangible Cultural Heritage

Al Jimi Oasis Trail

Boasting a dense canopy of palm trees, the Jimi Oasis Trail invites visitors to continue their journey through the oasis and encounter five artworks: 

  • Installed within the courtyard of a historic house, CYCLE OF CIRCLES (2025) by multidisciplinary Emirati artist Ammar Al Attar (b. 1981, Ajman, UAE) is a photographic series of five self-portraits captured while the artist rode a bicycle in a circular path.
  • Emirati artist Maitha Hamdan (b.1989, Abu Dhabi, UAE) presents BREATH OF THE SAME PLACE (2025) two light-based installations inspired by the Oasis environment.
  • Dubai-based Emirati architect Abdulla Al Mulla (b.1990, UAE) presents GUIDING DRAPES (2025), an architectural installation inspired by the luminous decorations that adorn Emirati brides’ houses before and after the wedding.
  • FLORAL RESONANCE (2024), an interactive audiovisual installation by Christian Brinkmann (b.1989, Hamburg, Germany), where visitors’ interactions with a living plant, placed at the centre of the installation, generate a multi-sensory experience, both physical and digital

Souq Al Mina

Set against the city skyline of Mina Zayed (Zayed Port), KAWS (b. 1974, Jersey City, USA) with long-time partner AllRightsReserved presents KAWS: HOLIDAY Abu Dhabi, featuring an illuminated COMPANION, the artist’s signature character, reclining on its back and lifting a lit moon in its hands.

About Manar Abu Dhabi

Organised by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), Manar Abu Dhabi is a public light art exhibition that aims to foster creativity and celebrate the emirate’s landscapes.

About the Department of Culture and Tourism – Abu Dhabi

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) drives the sustainable growth of Abu Dhabi’s culture and tourism sectors and its creative industries, fuelling economic progress and helping to achieve Abu Dhabi’s wider global ambitions.

By working in partnership with the organisations that define the emirate’s position as a leading international destination, DCT Abu Dhabi strives to unite the ecosystem around a shared vision of the emirate’s potential, coordinate effort and investment, deliver innovative solutions, and use the best tools, policies and systems to support the culture and tourism.

DCT Abu Dhabi’s vision is defined by the emirate’s people, heritage and landscape. We work to enhance Abu Dhabi’s status as a place of authenticity, innovation, and unparalleled experiences, represented by its living traditions of hospitality, pioneering initiatives and creative thought.

For more information about the Department of Culture and Tourism – Abu Dhabi and the destination, please visit: dct.gov.ae and abudhabiculture.ae 

 

Huawei Unveils Upgraded AI WAN Solution with AI-Centric Architecture to Boost Carrier Growth

PARIS, Oct. 17, 2025 /PRNewswire/ — Themed “Thrive with Net5.5G for All Intelligence,” the Net5.5G Intelligent IP Network Summit was held during UBBF 2025 in Paris on October 14. Huawei introduced its fully upgraded AI WAN Solution featuring an AI-Centric architecture. By redefining experience awareness, computing-network limits, security resilience, and the O&M model, the solution drives new growth for carriers.

Leon Wang, President of Huawei's Data Communication Product Line, delivering a speech
Leon Wang, President of Huawei’s Data Communication Product Line, delivering a speech

Leon Wang, President of Huawei’s Data Communication Product Line, delivered a speech entitled “AI-Centric Xinghe Intelligent Network: Boosting New Growth for Carriers.” He stated that Huawei’s AI WAN Solution has undergone a comprehensive AI-Centric upgrade. Through a three-layer architecture—comprising AI-Centric devices, AI-Centric connections, and an AI-Centric brain—the solution redefines IP bearer networks in the Net5.5G era, accelerating carriers’ transition toward the Net5.5G R2 AI UBB phase.

To address stagnant home broadband growth and severe package homogenization, Huawei’s AI WAN Solution incorporates Xingluo identification and profiling engines, enabling application-level monetization. It helps carriers design differentiated service packages and uses multi-dimensional profiling to raise potential customer identification accuracy to above 90%.

To meet surging enterprise demand for AI computing, Huawei’s AI WAN Solution helped China Telecom Shanghai launch intelligent computing private lines, resolving performance bottlenecks in traditional networks. Its Xingluo lossless algorithm ensures precise flow-level congestion control and, with the vector conversion engine, safeguards data. Supporting edge-cloud collaborative training, the solution is projected to raise carriers’ ARPU tenfold and deliver ROI within just two years.

To counter increasingly complex network attacks, Huawei’s AI WAN Solution strengthens security resilience across device, network, and configuration layers. It supports session-level fault isolation and quantum-resistant encryption. Online configuration simulation verifies tens of thousands of devices within 10 minutes, eliminating human error. This multi-dimensional security framework protects customer services with reinforced resilience.

As networks continue to scale, traditional O&M models face immense pressure. Huawei’s NetMaster system provides 24/7 network protection, enabling a shift from passive response to proactive O&M. In fault handling, China Mobile Guangdong cut diagnosis time from 45 to 5 minutes using a 300,000-case knowledge base. For risk identification, MasOrange Spain deployed an L4 IP autonomous driving network powered by Huawei’s AI WAN Solution, reducing mean time to repair while lowering costs and improving efficiency.

The summit concluded with the Net5.5G Pioneer Award Ceremony, honoring winners from over 10 global carriers and accelerating global commercial rollout of Net5.5G.

Autoliv: Financial Report July – September 2025

STOCKHOLM, Oct. 17, 2025 /PRNewswire/ — 

Q3 2025: Record 3rd quarter sales, operating income and EPS

Financial highlights Q3 2025
$2,706 million net sales
5.9% net sales increase
3.9% organic sales growth*
9.9% operating margin
10.0% adjusted operating margin*
$2.28 diluted EPS, 31% increase
$2.32 adjusted diluted EPS*, 26% increase

Full year 2025 guidance
Around 3% organic sales growth
Around 1% FX effect on net sales
Around 10-10.5% adjusted operating margin
Around $1.2 billion operating cash flow

All change figures in this release compare to the same period of the previous year except when stated otherwise

Key business developments in the third quarter of 2025

  • Net sales increased organically* by 3.9%, which was 0.7pp lower than the global LVP increase of 4.6% (S&P Global Oct 2025). Regional and customer LVP mix is estimated to have negatively impacted sales by about 1pp, while tariff compensations added around 0.5pp. We outperformed in Asia ex. China and Americas and underperformed in China and Europe. Our organic sales growth* in China to Chinese OEMs was about 8pp higher than COEM LVP growth. We expect that our record number of new launches will continue to support our sales performance in China in the fourth quarter.
  • Profitability improved significantly, mainly due to organic sales growth, successful execution of cost reductions, and positive effects from supplier settlement and compensation. We estimate that the negative impact from U.S. tariffs was around 20bps on operating margin, as we managed to pass on most of the tariff costs to our customers. Operating income increased by 18% to $267 million and adjusted operating income* increased by 14% to $271 million. Operating margin was 9.9% and adjusted operating margin* was 10.0%. ROCE was 25.1% and adjusted ROCE* was 25.5%.
  • Operating cash flow increased by 46%, reflecting improved profit and working capital. Capital expenditure, net, was significantly reduced, and free operating cash flow* increased substantially. The leverage ratio* of 1.3x is below our target limit of 1.5x. In the quarter, a dividend of $0.85 per share (21% increase from Q2 ’25) was paid and 0.84 million shares were repurchased and retired.

*For non-U.S. GAAP measures see enclosed reconciliation tables.

Key Figures

(Dollars in millions, except per share data)

Q3 2025

Q3 2024

Change

9M 2025

9M 2024

Change     

Net sales

$2,706

$2,555

5.9 %

$7,998

$7,774

2.9 %

Operating income

267

226

18 %

769

626

23 %

Adjusted operating income1)

271

237

14 %

777

657

18 %

Operating margin

9.9 %

8.9 %

1.0pp

9.6 %

8.1 %

1.6pp

Adjusted operating margin1)

10.0 %

9.3 %

0.7pp

9.7 %

8.5 %

1.3pp

Earnings per share – diluted

2.28

1.74

31 %

6.59

4.98

32 %

Adjusted earnings per share – diluted1)

2.32

1.84

26 %

6.67

5.30

26 %

Operating cash flow

258

177

46 %

613

639

(4.1) %

Return on capital employed2)

25.1 %

22.9 %

2.2pp

24.9 %

21.2 %

3.8pp

Adjusted return on capital employed1,2)

25.5 %

23.9 %

1.6pp

25.2 %

22.1 %

3.0pp 

1) Excluding effects from capacity alignments and antitrust related matters. Non-U.S. GAAP measure, see reconciliation table.

2) Annualized operating income and income from equity method investments, relative to average capital employed.

Comments from Mikael Bratt, President & CEO:

“I am pleased to, once again, report a record breaking quarter. This quarter is the best third quarter so far, for sales, operating income and EPS. The performance was driven by better than expected sales, especially in Americas and Europe, and successful actions to reduce costs and achieve tariff compensation. I am pleased that we had a solid outperformance with the domestic Chinese OEMs. The ramp-up of certain models started slower than expected, but improved gradually during the quarter. We expect increased outperformance in China in Q4.

Driven by increased penetration of automotive safety, our high growth in India continued, accounting for around one third of our global organic growth in the third quarter.

We invest for continued success in China. We started building a second R&D Center in China to support our growing business with Chinese OEMs both in China and globally. In addition, in October we signed a strategic agreement with CATARC, the leading research institution setting standards in China’s automotive sector, to jointly advance automotive safety standards and innovation. Furthermore, we recently announced our plans to form a joint venture with HSAE, a leading Chinese automotive electronics developer, to develop and manufacture advanced safety electronics to increase vertical integration of our current product portfolio.

We recovered around 75% of tariff costs in the third quarter, and expect to recover most of what remains in Q4. We continue to closely monitor the situation, and remain adaptive and agile.

Our focus on operational efficiency, commercial excellence and our cost reduction programs continue to yield results. In the quarter, sales grew organically by 4%, gross profit by 14%, operating income by 18% and EPS by 31%. Supported by strong balance sheet control, operating cash flow increased by 46%, and with a lower capex, net, free cash flow improved substantially. As a result, we kept our leverage ratio at 1.3x, despite increasing the dividend by 21% and repurchasing shares for $100 million in the quarter.

We remain confident in achieving our full year guidance of an adjusted operating margin of around 10-10.5%, currently expecting to come in at the midpoint of the range.

Our focus on operational efficiency, commercial excellence and our cost reduction programs continue to yield results. In the quarter, sales grew organically by 4%, gross profit by 14%, operating income by 18% and EPS by 31%. Supported by strong balance sheet control, operating cash flow increased by 46%, and with a lower capex, net, free cash flow improved substantially. As a result, we kept our leverage ratio at 1.3x, despite increasing the dividend by 21% and repurchasing shares for $100 million in the quarter.

We remain confident in achieving our full year guidance of an adjusted operating margin of around 10-10.5%, currently expecting to come in at the midpoint of the range.”

Next Report

Autoliv intends to publish the quarterly earnings report for the fourth quarter of 2025 on Friday, January 30, 2026.

Inquiries: Investors and Analysts
Anders Trapp
Vice President Investor Relations
Tel +46 (0)8 5872 0671

Henrik Kaar
Director Investor Relations
Tel +46 (0)8 5872 0614

Inquiries: Media
Gabriella Etemad
Senior Vice President Communications
Tel +46 (0)70 612 6424

Autoliv, Inc. is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the VP of Investor Relations set out above, at 12.00 CET on October 17, 2025.

This information was brought to you by Cision http://news.cision.com

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Minesto part of Swedish high-level delegation to South Korea

GOTHENBURG, Sweden, Oct. 17, 2025 /PRNewswire/ — This week, leading ocean energy technology developer Minesto was part of a high-level Swedish delegation to South Korea aiming to explore new partnerships and strengthen bilateral collaboration in the green transition. The delegation, led by HRH Crown Princess Victoria and Prince Daniel of Sweden and joined by Swedish ministers, is part of Focus Asia – Sweden’s strategy for trade and investment in the region. Extensive tidal and ocean current resources make South Korea a highly attractive market for Minesto.

Minesto CEO Dr Martin Edlund was invited by Business Sweden to join the Swedish delegation led by HRH Crown Princess Victoria and Prince Daniel of Sweden and supported by Swedish minister for Foreign Affairs Maria Malmer Stenergard and Swedish minister for Infrastructure and Housing Andreas Carlson.

On October 16, representatives from both countries successfully concluded the ‘Sweden–South Korea Sustainable Partnership Summit’. Dr Marin Edlund took part in the discussions alongside representatives from the Swedish and Korean governments and prominent industry leaders and had the opportunity to highlight how Minesto’s technology can contribute to the global energy transition.

Participating companies and organizations that visited South Korea together with Minesto include Ericsson, Hexicon, Atlas Copco, Hitachi Energy, I-Tech, Tetra Pak, RISE, EQT Group, Saab etc.

Fore more information on the delegation:

High-level visit and delegation to South Korea 2025 – Business Sweden 

For more information on Sweden-Korea Sustainable Partnership Summit:

한국-스웨덴 지속가능 파트너십 서밋・Sweden-Korea Sustainable Partnership Summit

For additional information, please contact
Cecilia Sernhage, Chief Communications Officer
+46 735 23 71 58
ir@minesto.com

This information was brought to you by Cision http://news.cision.com

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D1CE.COM Secures Landmark Partnership with Levante UD in Multi-Million EUR Deal

HONG KONG, Oct. 17, 2025 /PRNewswire/ — Emerging crypto entertainment platform D1CE.COM has officially signed a sponsorship agreement with Spanish football club Levante UD, in a deal valued at a multi-million-euro sum. This strategic move highlights D1CE.COM’s ambition to accelerate its global expansion and strengthen its presence in the European sports market.

CEO of D1CE.COM (Left) and Levante UD. President Pablo Sánchez (Right)
CEO of D1CE.COM (Left) and Levante UD. President Pablo Sánchez (Right)

The partnership will see D1CE.COM’s branding featured across Levante UD’s official channels and international exposure assets, positioning the platform alongside one of Spain’s most historic football clubs.

“Football is the world’s most influential sport, and we are thrilled to partner with Levante UD,” said the CEO of D1CE.COM. “Through this collaboration, we aim to connect our brand spirit with the passion of football fans while driving the mainstream adoption of crypto entertainment.”


Expanding into Europe through sports partnerships

Levante UD, a long-standing LaLiga contender with strong fan bases in Spain and Latin America, offers D1CE.COM a powerful entry point into European markets.

Asia-Pacific famous muay thai champion Jackson Law (Left) and Levante UD. President Pablo Sánchez (Right)
Asia-Pacific famous muay thai champion Jackson Law (Left) and Levante UD. President Pablo Sánchez (Right)

Crypto entertainment and sports: a natural alliance

Industry analysts note that the fusion of crypto entertainment and sports sponsorship is becoming a powerful trend. The high-risk, high-reward nature of cryptocurrency resonates with the excitement and unpredictability of sports. By aligning with Levante UD, D1CE.COM aims to attract younger, tech-savvy audiences who embrace innovation.

This multi-million EUR agreement underscores D1CE.COM’s commitment to heavy investment in sports marketing and its determination to become a leading global brand in the crypto entertainment sector.

In addition, D1CE.COM has been officially granted an international online gaming license by the Autonomous Island of Anjouan, further demonstrating its commitment to compliant and lawful operations while strengthening its foundation in the global market. D1CE.COM will continue to drive brand growth through its internationalization strategy.

First Phosphate Provides Perspective on Recent Trading Activity in its Common Shares


Saguenay, Quebec – Newsfile Corp. – October 17, 2025 – First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company“) provides its perspective on recent volume increases and price volatility in the trading of its common shares.

On October 9, 2025, China’s Ministry of Commerce announced broad new unilateral export controls on rare earth and other processed critical materials including lithium iron phosphate (“LFP”) cathode active material (“CAM”), and certain related equipment and technologies. Such restrictions, under Ministry of Commerce Notice No 55-62, are to come into effect as of November 8, 2025.

Following the announcement, the shares of First Phosphate and certain other publicly traded entities with interests or operations associated with the exploration, mining, processing and/or manufacture of materials and technologies subject to these export controls experienced large volume increases and price volatility.

If implemented, these export controls on LFP CAM are expected to impact various industries around the world that rely on such technologies and inputs including energy storage, AI data centers, robotics, mobility, defense and electric vehicles. LFP batteries represent a majority of all global electric battery production most of which is manufactured in China.

First Phosphate has been fully dedicated to onshoring the LFP battery supply chain in North America through its proposed development of mining and downstream processing of North American critical minerals.

First Phosphate has recently produced perhaps the first ever commercial-grade LFP 18650 battery cells using North American critical minerals. Please see: https://firstphosphate.com/north-american-lfp-battery-cells.

The high-purity phosphoric acid and iron powder for these LFP 18650 battery cells was produced from rare igneous anorthosite rock extracted from the First Phosphate Bégin-Lamarche property in the Saguenay–Lac-Saint-Jean region of Quebec, Canada.

First Phosphate’s recent white paper on Securing North American Phosphate Supply for LFP Cathode Materials recently received a “Met” Rating from the Defense Industrial Base Consortium which emphasized that “phosphate, particularly for use in LFP CAM, is essential to national defense. Demand for LFP batteries is likely to continue to increase and having a domestic source greatly reduces dependency on China and their control over the LFP market.” Please see: https://firstphosphate.com/dibc

Given these recent developments, First Phosphate looks to accelerate its mine-to-market LFP battery supply chain strategy for North America in the markets of energy storage, data centers, robotics, mobility, defense and electric vehicles.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/270813_1fa17e4f44c1ab5c_001full.jpg

Qualified Person

The scientific and technical information contained in this press release has been reviewed and approved by Gilles Laverdière, P.Geo. Mr. Laverdière is Chief Geologist of First Phosphate and a Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).

About First Phosphate Corp

First Phosphate (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is a mineral development and cleantech company dedicated to building and onshoring a vertically integrated mine-to-market LFP battery supply chain for North America. Target markets include energy storage, data centers, robotics, mobility and defense.

First Phosphate’s flagship Bégin-Lamarche Property in Saguenay–Lac-Saint-Jean, Quebec, Canada is a North American rare igneous phosphate resource yielding high-purity phosphate with minimal impurities.

For additional information, please contact:
Alexis de la Renaudière
Team Lead, Business Development
alexis@firstphosphate.com
Tel : +1 (438) 992-8985

Armand MacKenzie
President
armand@firstphosphate.com
Tel : +1 (514) 618-5289

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:
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: the Company’s plans for vertical integration into North American supply chains; the scope and implementation of the announced Chinese export controls announced on October 10, 2025 (the “Export Controls”); the impact of the Export Controls on various industries around the world such as energy storage, AI data centers, robotics, mobility, defense and electric vehicles; First Phosphate’s onshoring of the LFP battery supply chain in North America through its proposed development of mining and downstream processing of North American critical minerals; and the acceleration of First Phosphate’s mine-to-market LFP battery supply chain strategy for North America in the markets of energy storage, data centers, robotics, mobility, defense and electric vehicles. 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 development and exploration successes, continued availability of capital and financing, and general economic, market or business conditions, as well as, any amendment to the content or adoption of the Export Controls as announced, and any commercial or geopolitical responses to such Export Controls. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions; there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company’s expectations; the accuracy of the current mineral resource estimates for the Company and results of metallurgical testing; certain price assumptions for P2O5 and Fe2O3; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the Company’s relationship with First Nations and other Indigenous parties remaining consistent with the Company’s expectations; the Company’s relationship with other third party partners and suppliers remaining consistent with the Company’s expectations; government relations and actions being consistent with Company expectations, and the Export Controls being adopted as announced. 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.

About First Phosphate Corp.

Huawei Digital Power Helps ASEAN Achieve Zero-Carbon Transformation with All-Scenario Grid Forming Technologies

KUALA LUMPUR, Malaysia, Oct. 17, 2025 /PRNewswire/ — The ASEAN Energy Business Forum (AEBF-25) was held in Kuala Lumpur, Malaysia from October 15 to 17, with the theme of “Powering ASEAN: Bridging Boundaries, Building Prosperity.” Focusing on regional energy interconnection, clean transition, investment and financing, and technology implementation, the forum attracted more than 1,500 representatives, including energy ministers, policymakers, industry organizations, and business leaders from the ten ASEAN countries. As a key participant, Huawei Digital Power Asia Pacific showcased high-quality all-scenario Smart PV+ESS solutions and innovations, and deeply engaged with industry customers and partners in ASEAN countries, underscoring its commitment to helping drive the zero-carbon transformation of ASEAN.

Huawei Digital Power Helps ASEAN Achieve Zero-Carbon Transformation with All-Scenario Grid Forming Technologies
Huawei Digital Power Helps ASEAN Achieve Zero-Carbon Transformation with All-Scenario Grid Forming Technologies

Xia Hesheng, Vice President of Huawei Digital Power and President of Huawei Digital Power Strategy & Marketing Dept, delivered a keynote speech on October 15, titled “Enabling the ASEAN Power Grid: The Critical Role of Grid-Forming Technologies for Cross Border Power Trading”. He mentioned that grid interconnection in the ASEAN region and cross-border transmission of renewable energy are key to achieving carbon neutrality. Notably, the stable transmission and consumption of electricity for power grids with a high proportion of renewable energy are crucial. Over the past decade or more, Huawei Digital Power has led the PV+ESS industry from grid following to grid forming. Introducing the technical capabilities of all-scenario grid forming, high reliability, and high safety, Huawei Digital Power has established a high-quality benchmark in the industry. In the world’s first GWh-level microgrid project, grid forming technologies power The Red Sea destination, a regenerative tourism megaproject in Saudi Arabia that uses 100% green energy. In Cambodia’s first 1 GWh grid forming energy storage project, Huawei Digital Power’s solution was certified by TÜV SÜD. In the future, Huawei Digital Power will continue to work with customers and partners in ASEAN countries to build a benchmark of energy transformation with advanced grid forming technologies and commitment to high-quality.

Chen Xieming, Huawei Digital Power Global Power Grid Expert, mentioned in the roundtable discussion themed “Strengthening ASEAN Power Grid Resilience: Policy and Investment Strategies for Energy Security and Renewable Integration” that, unified regional grid standards need to be established to lay a solid foundation for grid safety, so as to promote ASEAN interconnection. Especially in energy systems with a high proportion of renewables, grid forming technology standards are the key to safeguarding regional grid resilience.

Huawei Digital Power Helps ASEAN Achieve Zero-Carbon Transformation with All-Scenario Grid Forming Technologies
Huawei Digital Power Helps ASEAN Achieve Zero-Carbon Transformation with All-Scenario Grid Forming Technologies

Chong Chern Peng, Vice President of Huawei Digital Power Malaysia Business, emphasized Malaysia’s strategic position in the ASEAN power grid during the roundtable discussion of “CEO & Leaders Thoughts with Boston Consulting Group “. As the hub of regional energy interconnection, Malaysia has carried out key energy cooperation with neighboring countries such as Thailand and Singapore through cross-border power transactions. To realize the ASEAN power grid vision, the power grids of each country must be resilient and dynamic. For this reason, grid forming technologies are indispensable. Huawei Digital Power’s continuous investment in PV+ESS grid forming is helping build a more resilient power grid system that adapts to the low-carbon renewable future.

Huawei Digital Power Helps ASEAN Achieve Zero-Carbon Transformation with All-Scenario Grid Forming Technologies
Huawei Digital Power Helps ASEAN Achieve Zero-Carbon Transformation with All-Scenario Grid Forming Technologies

In the “Ministers and CEOs Dialogue”, Xia Hesheng pointed out that the key to promoting the prosperity of the energy economy in ASEAN is to build stable and high-quality energy infrastructure and formulate relevant policy guidelines and standards. Huawei Digital Power uses all-scenario grid forming solutions to enhance the short-circuit level, inertia, and black start capabilities of the power grid. In The Red Sea destination, Saudi Arabia, thousands of PCSs are connected in parallel in off-grid mode and a black start can be implemented in minutes. Huawei Digital Power has established an ESS safety protection system from cells to grids. The smart string architecture and strict quality control help lay a solid foundation for product safety. Quality management covering the entire lifecycle from R&D to service ensures long-term reliable operation of the system. For example, the Golmud project in Qinghai has maintained a failure rate of less than 0.5% over 13 years of stable operation. Huawei Digital Power is committed to supporting ASEAN in developing the PV+ESS industry into a global benchmark for energy transformation, powered by end-to-end high-quality products and technologies.

ASEAN’s green future is rooted in stable and efficient energy. At the AEBF-25, Huawei Digital Power not only showcased its industry-leading grid forming technologies and system-level strength, but also underscored its commitment to building a green, smart, and sustainable future. Moving forward, Huawei Digital Power will double down on its investment in research and development, and deepen cooperation with local partners to jointly promote the transformation of ASEAN’s energy mix. We firmly believe that technology is the key to realizing a zero-carbon world. With its robust grid forming technologies, Huawei Digital Power will be a reliable companion on this journey.

 

A Journey to Elegant Life — LEPAS Global Journey of Elegant Driving (China Stop) Concludes Successfully

WUHU, China, Oct. 17, 2025 /PRNewswire/ — Traversing bustling cities and serene landscapes, the Global Journey of Elegant Driving (China Stop) hosted by Chery Group’s brand new NEV brand LEPAS concluded successfully on October 16 in Wuhu, Anhui, marking the prelude to LEPAS’s brand story at the 2025 Chery International User Summit. Spanning over 900 kilometers across Shanghai, Suzhou, Moganshan, Xuancheng, and Wuhu, the immersive test drive gathered media, KOLs, and users to experience the outstanding product strength of the LEPAS L8—a panoramic showcase of elegant driving and a vivid interpretation of its positioning as the “Preferred Brand for Elegant Mobility Life.”

LEPAS Global Journey of Elegant Driving
LEPAS Global Journey of Elegant Driving

In Shanghai, guests explored urban road conditions and acceleration performance. The LEPAS L8 impressed with its smooth start, spacious cabin, and exquisite acoustics, embodying urban sophistication. On the highways to Suzhou, Adaptive Cruise Control (ACC) delivered a relaxed, intelligent driving experience against the poetic backdrop of Suzhou’s classic gardens. In Moganshan, precise power response and steering calibration ensured effortless control on winding mountain roads. At the campsite, the vehicle’s external power supply illuminated the site, creating a warm, elegant atmosphere where guests shared stories under the lights.

Crossing Xuancheng’s misty hills, the LEPAS L8’s stability and endurance reflected the poetic serenity of southern Anhui, mirrored in its “Ink White” body. Upon reaching Wuhu, guests enjoyed a scenic riverside cruise, concluding the journey with Automatic Parking Assist (APA) and Remote Parking Assist (RPA) demonstrations—showcasing LEPAS’s intelligent convenience against the glow of Wuhu’s “Riverside Orange.”

The China Stop integrated diverse road conditions with lifestyle experiences like camping and urban exploration, serving as both a product showcase and a living interpretation of LEPAS’s elegant lifestyle philosophy.

Looking ahead, LEPAS will continue to elevate its brand value of “Elegant Driving,” merging technology and lifestyle to inspire every user’s journey toward elegance. During the 2025 Chery International User Summit, LEPAS will present a series of highlights—including the world’s first LEPAS Elegant Lifestyle House, LEPAS DAY, interactive test drives, and its first public safety test—alongside Chery’s AiMOGA robot and the Ecosystem Exhibition, together illustrating Chery Group’s integrated innovation across products, technology, and lifestyle.