MILAN, Oct. 30, 2025 /PRNewswire/ — Enfinity Global, a leading renewable energy company, has signed an agreement with VW Kraftwerk GmbH, a subsidiary of the Volkswagen Group, for the supply of Guarantees of Origin (GOs) from its solar PV power plants in Italy.

The agreement provides for the purchase of approximately 40 GWh of GOs per year over the next ten years, for a total volume of 400 GWh, sourced from Enfinity’s renewable energy assets in Italy. The GOs supplied by Enfinity certify that an equivalent amount of electricity has been generated from renewable sources and fed into the grid, thereby making a tangible contribution to reducing CO₂ emissions associated with the life cycle of electric vehicles.

“We are honored to support the Volkswagen Group as it transitions its electric vehicle fleet to be carbon neutral and in advancing the transformation of mobility across Europe,” said Carlos Domenech, CEO of Enfinity Global. “Enfinity is committed to being a long-term sponsor of innovative and scalable energy solutions —from 24×7 PPAs to Guarantees of Origin— that bring value to our customers.”

“Guarantees of Origin are a transparent and effective tool to promote renewable energy adoption and accelerate the energy transition,” added Julio Fournier Fisas, General Manager for Europe at Enfinity Global. “This collaboration is a strong example of how cross-sector partnerships can generate measurable environmental impact and drive progress toward climate neutrality in Europe.”

Through this deal, Enfinity Global reaffirms its role as a strategic partner for global companies seeking to integrate renewable energy solutions into their business models, actively contributing to the decarbonization of industrial supply chains and to the construction of a low-carbon, more resilient energy future. GOs not only certify the renewable origin of energy but also serve as a key element for ESG traceability and reporting, in line with European regulations and sustainability standards.

With a global presence and a pipeline of 37 GW, Enfinity Global is one of the leading players in the sector, offering integrated energy solutions for the decarbonization of industrial activities and advancing a circular economy. Enfinity is active in Italy, with a growing portfolio of solar PV power plants and battery energy storage systems exceeding 8.6 GW, making a significant contribution to the country’s decarbonization goals and energy security.

• Spin-off positions Solstice to accelerate growth and unlock shareowner value as a leading pure-play specialty materials company
• Poised to benefit from strong and resilient secular trends across cooling, building solutions, advanced computing, energy, safety and healthcare
• Begins trading today on Nasdaq under the ticker symbol “SOLS”

MORRIS PLAINS, N.J., Oct. 30, 2025 /PRNewswire/ — Solstice Advanced Materials (NASDAQ: SOLS), a leading pure-play specialty materials company, today celebrates its first day as an independent, publicly traded company following the completion of its spin-off from Honeywell. Shares of Solstice will begin trading on the Nasdaq Stock Market under the ticker symbol “SOLS,” effective at the market opening.

With an advanced materials heritage of more than 130 years, Solstice is positioned to build on a track record of innovation and operational excellence. Solstice technologies enable high-performance solutions for critical global sectors, including HVAC/R, semiconductor manufacturing, data center thermal management, nuclear energy, defense and life sciences. The company launches with approximately 4,000 employees, 24 manufacturing sites and four R&D centers that serve more than 3,000 customers across 120 countries and territories.

“Today marks the beginning of an exciting new chapter for Solstice,” said David Sewell, President and Chief Executive Officer of Solstice Advanced Materials. “Our independence positions us to capitalize on powerful secular trends shaping our industry – from regulatory-driven transitions in cooling and building solutions to the rapid proliferation of AI and advanced computing. With our differentiated technologies, unmatched customer partnerships, highly talented global workforce and experienced leadership team, we are ready to unleash our growth potential and unlock meaningful long-term value for our stakeholders.”

The spin-off was completed through the distribution of all shares of Solstice common stock. Each Honeywell shareowner of record as of the close of business on October 17, 2025, received one share of Solstice common stock for every four shares of Honeywell common stock held.

About Solstice Advanced Materials
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more. Solstice is recognized for developing next-generation materials through some of the industry’s most renowned brands such as Solstice^®, Genetron^®, Aclar^®, Spectra^®, Fluka™ and Hydranal™. Partnering with over 3,000 customers across more than 120 countries and territories and supported by a robust portfolio of over 5,700 patents, Solstice’s approximately 4,000 employees worldwide drive innovation in materials science. For more information, visit www.Solstice.com.

Additional Information
Solstice uses our Investor Relations website, investor.solstice.com, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

Forward-Looking Statements
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Solstice’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to, Solstice’s ability to realize the expected benefits of the separation from Honeywell; indebtedness incurred in the financing transactions undertaken in connection with the spin-off and risks associated with additional indebtedness; the risk that incremental costs of operating on a standalone basis (including the loss of synergies), costs of restructuring transactions and other costs incurred in connection with the separation will exceed Solstice’s estimates; and the impact of the separation on Solstice’s businesses and the risk that the separation may be more difficult, time-consuming or costly than expected, including the impact on Solstice’s resources, systems, procedures and controls, diversion of management’s attention and the impact on, and possible disruption of, relationships with regulators, customers, suppliers, employees and other business counterparties. These forward-looking statements should be considered in light of the information included in this release, our final information statement, dated October 17, 2025, and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Contacts: 
Media 
Amy Schneiderman      
(201) 218-2302                          
Amy.Schneiderman@teneo.com

Investor Relations
Mike Leithead
(973) 370-8188
Michael.Leithead@solstice.com

The Singapore-based joint venture, majority-controlled by SuperX, is established to provide end-to-end AI infrastructure services to global clients, completing SuperX’s “product + service” full-lifecycle value chain.

SINGAPORE, Oct. 30, 2025 /PRNewswire/ — SuperX AI Technology Limited (NASDAQ: SUPX) (“the Company” or “SuperX”) and Beijing Teamsun Technology Co., Ltd. (Shanghai Stock Exchange: 600410) (“Teamsun”), a leading cloud computing solutions and digital services provider, jointly announced today that a joint venture agreement (“JV Agreement”) was entered into between SuperX AI Solution Limited, a company incorporated in the British Virgin Islands and a wholly owned subsidiary of SuperX (“SuperX AI Solution”), Teamsun (Hong Kong) Co, Ltd, a Hong Kong subsidiary of Teamsun, and certain affiliates of Teamsun, to establish a joint venture through a new entity to be incorporated in Singapore, SuperX Global Service Pte. Ltd (“SuperX Global Service”). Pursuant to the JV Agreement, SuperX AI Solution will obtain a 51% equity interest in SuperX Global Service.

The core mission of SuperX Global Service is to serve as a service provider for SuperX’s global AI Factory projects, providing global end-to-end professional services to customers of SuperX products and AIDC (Artificial Intelligence Data Center) solutions, while also providing professional technical support for customers’ third-party AI products. The service contents will primarily include:

• Global Contact Center: For global customers, providing multi-channel service access and unified service management, rapidly responding to customer needs, and ensuring service quality objectives are met.
• Deployment Service: Responsible for the on-site deployment, integration, and commissioning of SuperX’s Modular AI Factories, AI servers, and related solutions.
• Maintenance Service: Based on a global service network, providing professional product warranty, spare parts replacement, and troubleshooting services.
• Managed Service: Based on SuperX’s Modular AI Factories, providing professional operations and maintenance (O&M) management services to ensure the AI Factory’s high up-time and optimal performance.

Integrating Teamsun’s Deep Global Service Expertise

As AI infrastructure becomes increasingly complex and integrated with frequent iteration of technologies, customers require more than just software and hardware; they need a complete, reliable, and end-to-end service guarantee. This partnership is built upon Teamsun’s profound expertise, accumulated over more than two decades in the IT services industry. As a service giant with a presence in 18 countries, over 7,000 employees, and 37 delivery centers worldwide, Teamsun has provided long-term digital services to over 16,000 large enterprise clients, possessing unparalleled experience in building mature service management systems, managing large-scale complex projects, and operating a global delivery network.

Building a World-Class Service Advantage for SuperX

The establishment of SuperX Global Service deeply integrates Teamsun’s service capabilities with SuperX’s cutting-edge product technology, bringing several key advantages to SuperX:

1. Instant Global Delivery Capability: SuperX can immediately leverage Teamsun’s extensive global service network to provide localized, rapid-response deployment and operational support to its customers.
2. Closing the “Product + Service” Business Loop: The new company fills a critical gap in SuperX’s value chain, upgrading it from an innovative product company to a “product + service” enterprise capable of delivering full-lifecycle value, thereby significantly enhancing customer loyalty and market competitiveness.
3. Accelerating Market Penetration and Customer Trust: By offering factory-certified professional services delivered by an experienced service partner, SuperX can more quickly gain the trust of large enterprise clients, accelerating the global adoption of its complex solutions like the Modular AI Factory.

Future Outlook: Setting a New Benchmark for AI Infrastructure Services

The formation of SuperX Global Service will empower SuperX to become one of the leading AI infrastructure service providers in the Asia-Pacific region. Looking ahead, the joint venture is committed to becoming the “gold standard” in the global AI infrastructure services sector. The company plans to launch a series of standardized service products that seamlessly integrate with SuperX’s hardware and solutions, offering clients a truly turnkey experience that is secure, worry-free, and efficient. This allows clients to focus entirely on their high-level AI application innovation, while entrusting the underlying infrastructure operations to SuperX Global Service.

The establishment of SuperX Global Service lays a solid foundation for the deep advancement of SuperX’s global strategy and signals the formation of a more complete and powerful AI infrastructure ecosystem.

About Beijing Teamsun Technology Co., Ltd.

Beijing Teamsun Technology Co., Ltd (hereinafter referred to as “Teamsun”) provides leading cloud computing solutions and industry-based digital services to global customers. We are committed to helping our clients become digital operators. Established in Beijing in 1998, Teamsun has invested in more than 20 companies, including four listed companies: Teamsun (Shanghai Stock Exchange: 600410), Hong Kong ASL (Hong Kong Stock Exchange: 0771), US Grid Dynamics (Nasdaq: GDYN), and Shanghai Telink (688591.SH). Teamsun serves global markets with business operations in 18 countries and 40 cities. The company has 37 global delivery centers and employs over 7,000 people.

Over the past 20 years, Teamsun has served more than 16,000 customers in over 10 key industries, converting technological achievements in big data and cloud computing into mature experiences and measurable value.

In 2025, Teamsun positions itself as an “AI service provider specializing in enterprise-level artificial intelligence applications.” We are dedicated to “reshaping enterprise business scenarios with generative AI” to achieve business innovation and management transformation. Our goal is to help clients proactively respond to environmental changes and challenges, providing a solid foundation for digital and intelligent transformation for global customers.

About SuperX AI Technology Limited (NASDAQ: SUPX)

SuperX AI Technology Limited is an AI infrastructure solutions provider, offering a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The Company’s services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, 800 Volts Direct Current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, the Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit www.superx.sg

Safe Harbor Statement

This press release may contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Forward-looking statements are based on current expectations and assumptions that, while considered reasonable are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

Forward-looking statements are only predictions. The reader is cautioned not to rely on these forward-looking statements. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. Except as required by law, we are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

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MELBOURNE, Australia, Oct. 30, 2025 /PRNewswire/ — One month after its soft debut at Smart Energy Queensland, AIKO unveiled on 29 October the complete Gen 3 Infinite Series portfolio at All Energy Australia 2025, giving Australian customers greater choice and higher efficiency across residential, commercial and large-scale solar projects.

The showcase highlights AIKO’s new flagship NEOSTAR 3P 500W module, delivering a world-first 25% module efficiency in a standard format under 2m². This milestone represents a major leap in real-world energy performance and system value, reaffirming AIKO’s position as a leader in solar technology and manufacturing.

AIKO also announced the signing of a 1GW supply agreement with leading distributors Solar Juice, Tradezone, AC Solar Warehouse, Sol Distribution and Lawrence & Hanson. Covering deliveries of third-generation All Back Contact (ABC) Infinite Series modules across 2026–2028, the agreement reflects AIKO’s deep commitment to supporting the region’s accelerating demand for high-efficiency solar solutions.

“Back Contact technology has long been admired for its superior performance, yet its high cost has kept it out of reach for most everyday Australians,” said Thomas Bywater, Head of AIKO ANZ. “At AIKO, we believe advanced solar technology should not be an exclusive privilege. Our next-generation ABC products deliver world-class performance without the premium pricing, maximising returns for the families, businesses and communities who need it most.”

Innovation That Redefines What’s Possible

The breakthrough performance of Gen 3 is driven by AIKO’s patented Two-Step Passivation — a proprietary ABC cell process that independently optimises the n-type and p-type layers. This dual-layer approach removes conventional efficiency bottlenecks, unlocks higher conversion rates and enables Back Contact technology to move beyond the lab into true mass production.

Complementing this is AIKO’s Copper Interconnection, an industry-first that delivers higher conductivity, greater mechanical strength and more sustainable material sourcing. By replacing silver, one of the most expensive and limited inputs in traditional solar manufacturing, AIKO has addressed key cost bottlenecks while maintaining reliability and output.

Backed by gigawatt-level production capacity and stringent quality control, AIKO has redefined how premium efficiencies can be achieved affordably and sustainably, accelerating the industry’s ability to deliver greater value to customers.

Driving a New Era for Back Contact Solar

AIKO’s innovations in technology and manufacturing have made Back Contact (BC) solar more attainable than ever. With performance gains and cost reductions now aligning, BC is seeing rapid global uptake across residential, commercial and utility-scale segments. This momentum is not only advancing AIKO’s own growth but also catalysing a broader industry movement.

According to Dr Radovan Kopeček of ISC Konstanz, one of the world’s leading IBC research institutes, conventional front-contact technologies such as TOPCon could be overtaken by back-contact modules around 2027–2028, particularly as key IBC patents expire. (*) The growing investment by other Tier-1 manufacturers reinforces this trajectory, signalling a positive feedback loop where scale drives down costs and further accelerates adoption.

“As the industry moves toward Back Contact as the dominant technology pathway, AIKO’s manufacturing capability and distribution network position us to lead that transition in Australia,” added Bywater. “Our partners are now equipped to deliver next-generation solar technology with the scale and support that large projects demand.”

AIKO’s leadership exemplifies how targeted R&D and disciplined execution can accelerate the adoption of superior solar technology, one that is more efficient, more durable and more accessible for all.

For photos, datasheets, and other materials: Link

(*) Dr Radovan Kopeček, Co-founder and Director, ISC Konstanz — interview: “Back-contact solar module manufacturing capacity may reach 1 TW by 2030, says tech expert,” PV Magazine Australia, 14 Feb 2025. https://www.pv-magazine-australia.com/2025/02/17/back-contact-solar-module-manufacturing-capacity-may-reach-1-tw-by-2030-says-tech-expert/

SHENZHEN, China, Oct. 30, 2025 /PRNewswire/ — Recently, Shenzhen Topband Co., Ltd. (hereinafter referred to as “Topband”) and WIK Far East Ltd. (hereinafter referred to as “WIK”) formally signed a strategic cooperation agreement in Shenzhen. This signing not only affirms the achievements in previous collaborations within the home appliances and related sectors but also unveils a new chapter for broader future cooperation.

Based on mutual trust, WIK and Topband will engage in comprehensive collaboration across fields including smart manufacturing, supply chain synergy, technological innovation in home appliance products, and eco-friendly solutions.

“This strategic partnership marks a milestone in our collaboration. WIK is currently committed to reducing its carbon footprint, and we hope that our future cooperation will continue to yield successful results in sustainable solutions,” said Christoph Dörn, CEO of WIK Group. At the signing ceremony, both sides reached a high-level consensus on deepening cooperation: jointly building an open industrial ecosystem to continuously expand the scope and depth of collaboration within the home appliance industry; accelerating the efficient integration of supply chain resources; and adhering to green manufacturing and sustainable development principles to meet evolving market demands and challenges such as climate change and e-waste, further solidifying the foundation for global collaboration.

“In manufacturing operations, Topband has taken a significant step in green manufacturing by installing solar power systems at our facilities to replace conventional energy with clean electricity. In the R&D process, we focus on increasing energy conversion efficiency from the design stage and putting low-carbon initiatives into practice by substituting materials with more sustainable alternatives,” said Wu Yongqiang, President of Topband. “We believe that by deepening our collaboration with WIK, we can not only achieve supply chain synergy but also work together to make a smarter and more low-carbon world.” At WIK’s recent annual supplier ceremony, Topband exclusively earned the ‘2025 Sustainable Supplier Award’. This award is not only a recognition of Topband’s continuous decarbonization efforts but also powerful proof of its active commitment to practicing sustainability.

Looking ahead, Topband will leverage this partnership to remain focused on product innovation and production efficiency improvements. Through concrete actions, it will drive high-quality and sustainable growth across the industry.