SHANGHAI, Aug. 6, 2026 /PRNewswire/ — Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy” or the “Company”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it will release its unaudited financial results for the second quarter ended June 30, 2026, before U.S. markets open on Thursday, August 20, 2026.
The Company will hold a conference call to discuss the financial results at 8:00 AM U.S. Eastern Time on Thursday, August 20, 2026 (8:00 PM Beijing / Hong Kong time on the same day).
Dial-in details for the earnings conference call are as follows:
Participant dial in (U.S./Canada toll free): +1-888-346-8982
Participant international dial in: +1-412-902-4272
China mainland toll free: 4001-201203
Hong Kong toll free: 800-905945
Please dial in 10 minutes before the call is scheduled to begin and ask to join the Daqo New Energy call.
A replay of the call will be available 1 hour after the conclusion of the conference call through August 27, 2026. Dial in details for the replay are as follows:
U.S./Canada toll free: +1-855-669-9658
International toll: +1-412-317-0088
Replay access code: 6672616
To access the replay through an international dial-in number, please visit the link below.
Participants will be asked to provide their name and company name upon joining the call.
About Daqo New Energy Corp. Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy”) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufacturers, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 305,000 metric tons and is one of the world’s lowest cost producers of high-purity polysilicon.
Secured AI Factory capacity increases by 80MW to 212MW
NEW YORK, Aug. 6, 2026 /PRNewswire/ — Sharon AI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries (“Sharon AI” or “the Company”), a leading Australian Neocloud, today reported its financial and operational results for the second quarter ended June 30, 2026.
Sharon AI (NASDAQ: SHAZ)
All amounts are in U.S. dollars unless otherwise indicated.
Second Quarter 2026 Highlights
Customer Momentum
$4.9bn, six-year strategic compute collaboration with NVIDIA for up to 40,000 GB300 GPUs
$950m, five-year, take-or-pay contract with a global technology company with major Asia-pacific presence
Capacity and Platform
Expanded VAST Data partnership: 600PB VAST AI Operating System deployed as the foundational data layer, sized to support ~100,000 GPUs
Balance Sheet and Capital
Well funded for the near-term build-out following the $1.6bn oversubscribed private placement, $350m convertible notes offering, and the accelerated receipt of $74m in proceeds from the divestment of Texas Critical Data Centers (“TCDC”)
Leadership and Governance
Appointed Andrew Penn AO as Non-Executive Chairman
Second Quarter 2026 Financial Results
Revenue: $1.9m, an increase of 412% from 2Q 2025
Net income (loss): $(430.4m), including non-cash items totaling $423.8m, primarily reflecting a $400.4m fair value loss on convertible notes resulting from share price appreciation, compared to a net loss of $(2.6m) in 2Q 2025.
Adjusted EBITDA1: $0.6m, compared to $(1.7m) in 2Q 2025
Cash and cash equivalents: $1.9bn at June 30, 2026
Total Contract Value (“TCV”)2: $8.8bn as of August 6, 2026
1Adjusted EBITDA is a non-GAAP financial measure. See “Non-GAAP Financial Measures” and reconciliation tables.
2TCV represents the aggregate estimated contractual committed spend under customer contracts in effect as of the measurement date, for the contractual term. TCV is an operating metric and does not represent revenue recognized in accordance with U.S. GAAP. TCV excludes contracts that are not legally binding and is subject to change based on contract modifications, terminations, and other factors.
Management Commentary
“In the second quarter, we established the commercial, infrastructure, and capital foundations for Sharon AI’s next phase of growth at scale,” said James Manning, Co-Founder and Chief Executive Officer of Sharon AI. “Customer engagement continues to broaden and deepen, reflecting strong demand for secure, high-performance AI infrastructure and a growing recognition that access to power, compute and data sovereignty will be critical constraints as AI adoption accelerates.
“Our focus is on converting that demand and our contracted commitments into durable revenue growth and long-term shareholder value through disciplined execution. We are on track to bring contracted capacity online in accordance with our deployment schedule, while maintaining a thoughtful approach to capital allocation and pace of expansion. Revenue is expected to ramp materially from the third quarter of 2026 through 2027. With an experienced leadership team backed by deep technical and operating expertise across the business, a best-in-class partner ecosystem and a strengthened balance sheet, we believe Sharon AI is well positioned to become a leading sovereign AI infrastructure platform across Australia, New Zealand, and the broader Asia-Pacific region.”
Subsequent Highlights
In the third quarter 2026 to-date, the Company has announced:
$1.32bn, five-year, take-or-pay contract with a global AI lab, anchoring Sharon AI’s expansion to New Zealand
Additional 80MW of capacity, bringing total capacity to 212MW, for deployment in 2026 and 2027, underpinned by a growing pipeline of additional capacity
$373m, five-year, take-or-pay contract with a global AI platform for a deployment of 2,048 NVIDIA B300 GPUs
64,000+ NVIDIA GPUs expected to be deployed by mid 2027
Anuj Goel as Chief Financial Officer and Melissa Anastasiou as Chief Legal Officer
2Q 2026 Results Conference Call & Webcast
Date & Time: Thursday, August 6, 2026, 4:30 p.m. ET Webcast: Use this link U.S. Dial-in: 888-506-0062 International Dial-in: +1-973-528-0011 Conference ID: 376509
A replay of the webcast will be available at sharonai.com/investors following the event.
About Sharon AI
Sharon AI (NASDAQ: SHAZ) is a leading Australian neocloud expanding access to artificial intelligence through trusted, secure and sovereign AI infrastructure. Through its AI Factory platform and colocation partners, Sharon AI enables organisations across Australia, New Zealand, and globally to confidently build, train and deploy AI at scale. For more information, visit www.sharonai.com.
Disclosure Information
Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it uses other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate information about the Company, and can be additional sources of information outside press releases, regulatory filings with the SEC and any other conference calls, webcasts, investor days, etc. that the company may hold.
Forward-Looking Statements
This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts, and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Forward-looking statements in this release include specific statements regarding the intended use of proceeds. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:
Service and product offerings;
Receipt and use of proceeds;
The deployment of assets and expansion of network procurement;
Sharon AI’s ability to engage with additional potential customers;
Expansion of Sharon AI’s data center footprint and capacity; and
The strengthening of Sharon AI’s partner network.
In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC and other reports subsequently filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.
The forward-looking statements and other information contained in this news release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Non–GAAP Financial Measures
This press release includes “Adjusted EBITDA,” which is a non–GAAP financial measure. The Company defines Adjusted EBITDA as net income (loss) adjusted to exclude: (i) interest expense (income), net; (ii) income tax expense (benefit); (iii) depreciation and amortization; (iv) stock-based compensation expense; (v) fair value adjustments on convertible notes; and (vi) other non-cash or non-recurring items that management does not consider indicative of the Company’s ongoing operating performance. Adjusted EBITDA is not a substitute for net income (loss) or any other measure of financial performance prepared in accordance with U.S. GAAP and may not be comparable to similarly titled measures used by other companies. Management believes Adjusted EBITDA is useful to investors because it provides a supplemental measure of the Company’s core operating performance by excluding the effects of capital structure decisions (such as interest expense and fair value changes on convertible notes), non-cash charges (such as depreciation, amortization and stock-based compensation), and tax impacts that can vary significantly between periods and across companies. Management uses Adjusted EBITDA to evaluate the Company’s performance, compare performance across periods, and assist in the allocation of resources. Investors are cautioned that Adjusted EBITDA has limitations as an analytical tool and should not be considered in isolation or as a substitute for analysis of the Company’s results as reported under U.S. GAAP.
A reconciliation of Adjusted EBITDA to the most directly comparable U.S. GAAP financial measure is included in the tables accompanying this press release. To the extent the Company provides forward-looking Adjusted EBITDA guidance in connection with this release or the related earnings call, a reconciliation of such forward-looking non-GAAP measure to the most directly comparable U.S. GAAP measure may not be available without unreasonable effort due to the inherent difficulty in forecasting and quantifying certain amounts, including but not limited to fair value adjustments on convertible notes, stock-based compensation expense, and other non-cash or non-recurring items, the timing and magnitude of which may be significant.
Common Stock- Class A ($0.001 par value, 900,000,000 shares authorized; 35,667,164 and 11,832,164 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively)
3,567
1,183
Common Stock- Class B ($0.0001 par value, 6,891,948 shares authorized; 136,341 shares issued and outstanding as of June 30, 2026 and December 31, 2025)
14
14
Common Stock, value
14
14
Additional paid-in capital
1,624,995,090
33,861,613
Accumulated deficit
(491,747,880)
(43,529,190)
Accumulated other comprehensive loss
(3,418,013)
(372,992)
Noncontrolling interest
(2,285,399)
(108,885)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)
1,127,547,379
(10,148,257)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
$
2,321,338,209
$
133,140,150
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited)
2026
2025
2026
2025
For the Three Months Ended June 30,
For the Six Months Ended June 30,
2026
2025
2026
2025
Revenue
$
1,931,381
$
376,984
$
2,225,396
$
702,077
Cost of revenue
761,755
398,266
1,287,572
711,648
Gross profit (loss)
1,169,626
(21,282)
937,824
(9,571)
Share-based compensation
2,670,588
489,345
3,052,746
956,968
Selling, general and administrative expenses
8,685,424
1,083,093
12,700,643
2,090,523
Other expenses
14,597,792
1,169,712
12,787,838
1,676,132
Other income
–
(153,199)
–
(961,713)
Loss from operations
(24,784,178)
(2,610,233)
(27,603,403)
(3,771,481)
Non-operating income (expense), net:
Change in fair value of digital assets
–
(62,657)
–
(391,090)
Change in fair value of warrant liabilities
(6,138,775)
–
(5,255,450)
–
Change in fair value of convertible notes
(400,440,855)
–
(470,668,608)
–
Change in fair value of share-based payment
334,502
–
334,502
–
Gain on investment in NUAI shares
6,493,245
–
4,984,130
–
Gain on sale of investment in TCDC
856
–
65,920,568
–
Interest income (expense), net
(4,527,540)
(43,521)
(3,267,654)
(55,912)
Loss before income taxes
(429,062,745)
(2,716,411)
(435,555,915)
(4,218,483)
Income tax (expense) benefit
(1,305,951)
127,579
(14,824,603)
190,161
Net loss
(430,368,696)
(2,588,832)
(450,380,518)
(4,028,322)
Net loss attributable to non-controlling interest
(2,065,770)
(12,426)
(2,161,826)
(19,336)
Net loss attributable to SharonAI Holdings Inc.
$
(428,302,926)
$
(2,576,406)
$
(448,218,692)
$
(4,008,986)
Net loss per share, basic and diluted
$
(26.16)
$
(2.41)
$
(27.38)
$
(3.76)
Weighted-average number of shares outstanding
16,370,481
1,067,213
16,370,481
1,067,213
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)
2026
2025
For the Six Months Ended
June 30,
2026
2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period, including noncontrolling interest
$
(450,380,518)
$
(4,028,322)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation
3,199,299
803,955
Share based compensation
3,052,746
956,968
Change in fair value of digital assets
–
391,090
Intangible assets (FIL) revenue
–
(130,154)
Intangible assets (FIL) cost of revenue
–
138,070
Accelerated amortization of Intangible assets
–
1,650,000
Deferred tax liability
–
89,050
Unrealized (gains) losses on foreign currency exchange
11,122,667
(731,755)
Change in fair value of warrant liability
5,255,450
–
Change in fair value of convertible notes
470,668,608
–
Gain (loss) on investment in NUAI shares
(4,984,130)
–
Gain on sale of investment in TCDC
(65,920,568)
–
Interest income on convertible note receivable
(1,342,466)
–
Gain on sale of property and equipment
–
(961,713)
Bad debt expense
–
76,748
Changes in assets and liabilities:
Trade and other receivables
(26,712,905)
932,259
Customer deposits
143,879,911
–
Other current assets
(95,762,765)
(24,689)
Other long-term assets
(2,212,252)
9,355
Trade and other payables
24,231,858
(879,313)
Income tax payable
7,803,779
–
Interest received from convertible note receivable
1,342,466
–
Net cash provided by (used in) operating activities
23,241,180
(1,708,451)
CASH FLOWS FROM INVESTING ACTIVITIES
Advance payments for property and equipment
(310,665,524)
–
Purchase of certificates of deposit
(11,804,654)
–
Payment for the purchase of property and equipment
(12,541,952)
(37,343)
Payment for land purchase
(3,136,000)
–
Cash proceeds from sale of TCDC investment
9,850,000
–
Proceeds from sale of NUAI Shares
14,984,130
–
Proceeds from convertible note receivable
50,000,000
–
Proceeds from sales of digital assets
–
93,051
Net cash provided by (used in) investing activities
(263,314,000)
55,708
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock
586,858,433
–
Cash received from convertible note issuance
1,065,636,015
–
Issuance costs related to capital raise
(43,500,602)
–
Proceeds from exercise of warrants
370
–
Proceeds from issuance of pre-funded warrants
438,141,548
–
Payment for lease liabilities
(712,210)
(284,491)
Repayment of note payable
(2,249,124)
–
Net cash provided by (used in) financing activities
2,044,174,430
(284,491)
Effect of exchange rate changes on cash and cash equivalents
(13,826,812)
(81,793)
Net cash increase/(decreases) in cash and cash equivalents
1,790,274,798
(2,019,027)
Cash and cash equivalents at beginning of period
71,073,024
4,424,805
Cash and cash equivalents at end of period
$
1,861,347,822
$
2,405,778
RECONCILIATION OF NET INCOME (LOSS) TO ADJUSTED EBITDA (Unaudited)
Deploy real-time inference on-site with Winmate Edge AI Panel PCs and WNAI-E800 Series GPU-ready Box PCs—built for industrial connectivity, rugged performance, and AI-driven operations.
TAIPEI, Aug. 6, 2026 /PRNewswire/ — AI workloads no longer have to rely on the cloud alone. In industrial environments, milliseconds matter. By moving inference closer to machines, sensors, and operators, Winmate introduced WinmateEdge AI computing solutions to help reduce latency improve uptime, and enable real-time decision-making for machine vision, automation, robotics, logistics, and smart factory operations.
As manufacturers accelerate digital transformation, edge AI is becoming essential for applications that require instant data processing, stable local operation, and reduced dependency on network connectivity. Winmate supports this shift with two proven deployment paths for industrial AI:
Winmate GP Series Edge AI Panel PCs combine large-format visualization, industrial-grade computing, and rugged design in one integrated platform. Designed for machine-side deployment, the GP Series is ideal for AI-enabled HMI dashboards, machine vision control, production monitoring, smart factory command stations, and real-time operator interaction.
Powered by Intel® 12th / 14th Gen Alder Lake S / Raptor Lake S processors, the GP Series provides scalable computing performance for demanding industrial workloads while supporting flexible deployment across factory floors, production lines, automation cells, and equipment control systems.
For AI workloads that require graphics acceleration, selected GP Series models support NVIDIA GPU configuration options. GPU availability may vary by model size, thermal design, system configuration, and project requirements. Customers can work with Winmate’s team to select the appropriate CPU, GPU, memory, storage, mounting, and I/O configuration based on the target workload.
Edge AI Box PC — WNAI-E800 Series
When centralized performance is required for edge inference, Winmate WNAI-E800 Series GPU-ready Box PCs deliver powerful computing in a compact industrial platform.
The WNAI-E800 Series is designed for vision servers, AI gateways, automation controllers, industrial inspection systems, robotics applications, and multi-camera edge AI deployments. With support for high-performance Intel® Core™ processors and NVIDIA GPU options, the system enables real-time inference close to the data source while reducing latency and improving operational reliability.
The WNAI-E800L is designed for industrial environments where AC power is available and high-performance GPU acceleration is required. It provides strong computing performance, flexible I/O, and GPU-ready expansion for demanding edge AI applications.
The WNAI-E800S is designed for DC-powered environments such as vehicle-based applications, field deployments, robotics, and distributed industrial sites. Its wide-range DC input makes it suitable for edge AI installations where flexible power integration is required.
Ready to Deploy Edge AI?
Winmate can help you select the right Panel PC, Box PC, GPU configuration, I/O design, and deployment architecture based on your application requirements.
Contact your Winmate sales representative for specifications, configuration options, and project support. For more information about Winmate’s Edge AI Series, please contact our team or visit our website.
Anchored by the TIGER framework, CUHK leaps toward new heights of academic excellence and global impact
HONG KONG SAR – Media OutReach Newswire – 6 August 2026 – The Chinese University of Hong Kong (CUHK) today (6 August) unveiled its new five-year strategic plan, titled “CUHK 2026–2030: Leaping to Greatness” (the “CUHK 2026-2030“), outlining the University’s development priorities and strategic direction for the next five years. With the ambition to create greater impact on humanity and global communities, CUHK adheres to its vision of becoming a first-class comprehensive research university whose scholarly output, bilingual and multicultural education, and community contributions consistently meet global standards of excellence. As a publicly funded university, CUHK will leverage its strengths in talent cultivation, knowledge innovation and global engagement to contribute to the development of China and the Hong Kong SAR in alignment with priorities in the national 15th Five-Year Plan and the city’s first five-year planning.
CUHK hosts a media luncheon to launch its five-year strategic plan. (From left) Professor Dennis Lo Yuk-ming and Professor John Chai Yat-chiu
The “TIGER” action framework of CUHK 2026–2030 forms five interconnected strategic directions. It reflects a united, well-coordinated and actionable commitment from the entire University to progressively realise our vision of “Leaping to Greatness” that symbolises CUHK’s continued evolution to pursue purpose-driven excellence, impact-oriented outcomes and lasting societal contributions with innovation, rigour and responsibility.
The five interconnected strategic pillars in CUHK 2026–2030 include:
T – Talent Attraction and Development
I – Institutional Development
G – Global and Alumni Engagement
E – Education and Student Experience
R – Research and Innovation
Embracing the new vision with agility characterised in the spirit of a tiger
In his remarks, Professor Dennis Lo Yuk-ming, Vice-Chancellor and President of CUHK, said: “The five key areas of the Strategic Plan form the ‘TIGER’ action framework that embodies courage, agility and drive, underscoring CUHK’s development vision which will be realised through precise planning and rigorous execution. CUHK will continue to drive breakthroughs in life and health sciences, artificial intelligence (AI), quantum science and other frontier fields, and participate in national scientific research initiatives, leveraging Hong Kong’s unique advantages and position as China’s most international city, with an aim of cultivating world-class talent and new knowledge that benefit the world.”
Aligning with the strategic planning of China and the Hong Kong SAR
Professor Lo said: “CUHK 2026–2030is the first five-year strategic plan formulated since I assumed office in 2025. It marks a major milestone in the University’s development in timely alignment with the five-year planning of China and the Hong Kong SAR. At a time of profound global transformation, technological advances are reshaping the world and redefining the role of universities in society. CUHK has joined the world’s top 20 for the first time in the latest Quacquarelli Symonds (QS) World University Rankings, rising to the 18th place. This is a testament to the University’s progress in the past 63 years signifying our global academic influence.”
ProfessorJohn Chai Yat-chiu, Chairman of the CUHK Council; Professor Dennis Lo Yuk-ming, Vice-Chancellor and President of CUHK, Professor Isabella Poon Wai-yin, Provost of CUHK, Professor Anthony Chan Tak-cheung, Pro-Vice-Chancellor (Alumni / Community Engagement & Institutional Advancement), Professor Jiang Liwen, Pro-Vice-Chancellor (Research & External Affairs) and Mr Albert Chow Hing-pong, Vice-President (Administration), together with other members of the University’s senior management, attended the media luncheon today to mark the official launch.
Creating value to benefit humanity
Professor Isabella Poon Wai-yin, Provost of CUHK, introduced the University’s priority areas and said: “In face of global challenges such as the AI revolution, sustainable development and climate change, universities carry an unprecedentedly vital mission. A truly impactful university does not merely respond to the present needs of the era, but will also actively shape the direction of our future. Through interdisciplinary, cross-regional and cross-sector collaborations, we aim to translate CUHK’s deep academic foundation, unique collegiate system and global network into a driving force for social progress and innovation.”
Team spirit of CUHK leadership in co-creating the development blueprint
The formulation of CUHK 2026–2030 was a year-long collaborative effort overseen by the Strategic Plan Steering Committee chaired by Professor Lo with support from the senior management team and consultation from the broad CUHK community, from conceptualisation, drafting to visual design. This multi-faceted collaboration fully demonstrates the team spirit of the CUHK community in propelling the University toward a new chapter. The visual design of the Strategic Plan agenda features circular lines and patterns representing the letters “C” and “U” for CUHK. The concentric-circle motif also symbolises CUHK members coming together like concentric circles, uniting their strengths to work towards common goals. The visual palette centres on the university colours of purple and gold, representing passion and loyalty (purple), alongside perseverance and resolve (gold). For details of the Strategic Plan, please refer to https://www.cuhk2030.cuhk.edu.hk.
The visual design of the Strategic Plan agenda features circular lines and patterns representing the letters
Key Initiatives
Establishing the 10th College for postgraduates
CUHK will establish a postgraduate college as its 10th college. This initiative will extend the University’s long-standing collegiate system to the postgraduate community, creating a vibrant, international environment for cross-disciplinary dialogue, holistic development and lifelong networking.
In addition, CUHK will develop flagship international undergraduate programmes and signature schemes embedding innovation, entrepreneurship and concepts of sustainability into the curriculum. It will also strengthen industry-academia collaboration and knowledge transfer to attract and nurture outstanding local and international innovative talents. CUHK will also revitalise its General Education curriculum with national and global perspectives. Moreover, the University will strengthen collaboration with CUHK-Shenzhen and other institutions in the GBA and expand opportunities for exchange and internships abroad to support students’ holistic development and lifelong learning.
Attracting global talent and expanding international impact
CUHK will leverage its strengths as an international research university to attract outstanding students, scholars and researchers from around the world, fostering a diverse and inclusive academic community. Currently, approximately 56% of CUHK’s professors come from outside Hong Kong while the University achieved a perfect score in the QS international faculty ratio indicator, demonstrating its success in attracting top academic talent globally.
This year, applications from non-local students increased by about 20% compared with last year. Applications from regions outside the Chinese Mainland rose even more significantly, by 75%, with most applicants coming from Southeast Asia and the Middle East, reflecting CUHK’s growing international appeal. To attract exceptional students, CUHK launched the Fenghuang Scholarship this year. The scholarship offers outstanding students who achieve excellent results in local and overseas public examinations financial support, together with overseas exchange opportunities. Through this initiative, the University aims to attract high-calibre young talent and nurture future leaders with a global vision, innovative capabilities and a strong sense of social responsibility.
Driving interdisciplinary research to address global challenges
CUHK will seize opportunities arising from the Northern Metropolis, the Hetao Cooperation Zone and the Guangdong-Hong Kong-Macao Greater Bay Area, while focusing on frontier fields including life and health technologies, AI, quantum science and green technology. The University will further integrate into the national research and innovation ecosystem and actively participate in major scientific initiatives spanning space, polar research and deep-sea studies, fostering comprehensive development from Antarctic expeditions and space missions to the translation of world-class innovations.
In recent years, CUHK has been actively demonstrating its research excellence. Notable achievements include the successful launch of CUHK Sat-1, the world’s first AI satellite dedicated to urban sustainable development, and leading the development of the laser heterodyne spectrometer selected for the nation’s Tianwen-3 Mars exploration mission. These accomplishments underscore the University’s pivotal role in supporting national strategic science and technology development. Furthermore, the Hong Kong Centre for Logistics Robotics, an InnoHK centre established by CUHK, founded Hong Kong’s first full-stack embodied intelligence laboratory in 2026 to drive frontier technologies in embodied AI and robotics, further consolidating Hong Kong’s position as an international innovation and technology hub.
The issuer is solely responsible for the content of this announcement.
About The Chinese University of Hong Kong
Founded in 1963, The Chinese University of Hong Kong (CUHK) is a leading comprehensive research university with a global reputation and world-leading rankings. Located in the heart of Asia, CUHK has a vision and a mission to combine tradition with modernity, and to bring together China and the West. Under the University’s unique collegiate system, the programmes and activities offered by its nine colleges complement the formal curricula by delivering whole-person education and pastoral care. The University has eight faculties: Arts, Business Administration, Education, Engineering, Law, Medicine, Science, and Social Science. Together with the Graduate School, the University offers over 300 undergraduate and postgraduate programmes. All faculties are actively engaged in research in a wide range of disciplines, with an array of research institutes and research centres specialising in interdisciplinary research of the highest quality.
SINGAPORE – Media OutReach Newswire – 6 August 2026 – Global digital business services leader TP (ex-Teleperformance) has sustained its position as a Visionary Leader in the 2026 Frost Radar™: Customer Experience Management Services in Asia-Pacific, as it continues expanding its AI, data and technology capabilities to help enterprises modernize customer operations and deliver measurable business outcomes. TP achieved the highest combined innovation and growth score among 21 benchmarked providers, selected from a pool of more than 200.
TP recognized as a Visionary Leader for innovation and growth in Frost & Sullivan’s 2026 Frost Radar™ for Customer Experience Management Services in Asia-Pacific
The recognition comes as agentic AI becomes an increasingly important differentiator in Asia-Pacific’s customer experience market, which Frost & Sullivan projects will grow from US$41.91 billion in 2024 to US$52.57 billion by 2030. The report identifies the ability to deploy, govern and continuously improve AI-enabled delivery models at enterprise scale as a key factor separating providers leading market transformation from the broader field.
“This recognition reflects something we’ve seen play out across the region this year: innovation and growth are no longer separate measures of performance, they’re increasingly interconnected,” said Dave Rizzo, President and CEO, APAC, TP. “The real shift is from experimenting with AI to deploying and governing it at enterprise scale, and that starts with the data and orchestration behind it. TP.ai brings that together for our clients, and our continued investment across the AI ecosystem is what lets us move them from experimentation to enterprise-wide transformation. We’re honored that Frost & Sullivan has recognized both dimensions of that work.”
The report also recognized TP’s US$100 million AI investments, expanded Data Services capabilities and use of AI across TP’s operations in quality assurance, recruitment, training and workforce management. TP’s agentic quality-assurance capability enables analysis across all customer transactions, compared with the industry norm of sampling only 2% to 3%, helping enterprises identify service issues and improvement opportunities across the full customer journey.
“TP has moved past announcing AI capability and is now deploying it at production scale across Asia-Pacific. Its TP.ai platform, governance controls for regulated industries, and market CEO model gives it a rare ability to serve both mature and high-growth markets. TP’s advance on both the Growth and Innovation indices of the 2026 Frost Radar reflects genuine operational progress, not commercial momentum alone,” said Krishna Baidya, Vice President, ICT Research.
Across Asia-Pacific, TP combines large-scale delivery capabilities with local market expertise, allowing its AI and customer experience solutions to be adapted to different languages, regulations and customer expectations. This regional model supports TP’s continued shift toward higher-value, technology- and outcome-led engagements.
Frost & Sullivan concluded that this marks the eighth consecutive year TP has maintained its position as a leader in both growth and innovation, supported by its global delivery scale, proprietary AI platform capabilities, and established Asia-Pacific presence. The sustained recognition reflects TP’s continued evolution from a scale-driven customer experience provider toward an AI-led digital services and transformation partner. Hashtag: #TP.ai #AITransformation #TPAPAC #FrostRadar #Customerexperience #AI #CustomerExperience #DigitalTransformation
The issuer is solely responsible for the content of this announcement.
TP
About TP in SINGAPORE TP in Singapore is part of the TP Group, a global leader in digital business services which consistently seeks to blend the best of advanced technology with human empathy to deliver enhanced customer care that is simpler, faster, and safer for the world’s biggest brands and their customers. The Group’s comprehensive, AI-powered service portfolio ranges from front office customer care to back-office functions, including high-value digital transformation services, collections and operations consulting. It also offers a range of specialized services such as interpreting and localization, visa and consular services, and recruitment process outsourcing services. The teams of multilingual, inspired, and passionate experts and advisors, spread in close to 100 countries, as well as the Group’s local presence allows it to be a force of good in supporting communities, clients, and the environment.
GUANGZHOU, China, Aug. 6, 2026 /PRNewswire/ — MediSun Planet Pte Ltd (“MediSun Energy”), a leader in integrated water technology and advanced circular solutions, announced a landmark global distributorship with Guangdong Beijing Enterprises Shixi Technology Co., Ltd. Under this strategic agreement, MediSun Energy secures global distribution rights for the company’s flagship Sequential Batch Reactor – Aerobic Granular Sludge (SBR-AGS) municipal wastewater technology, including exclusive distribution rights across Malaysia and comprehensive strategic cooperation in the Kingdom of Saudi Arabia.
(From left to right: Joseph Chua – Co-Founder & President of MediSun Energy; and Junfang Zhou – General Manager of Guangdong Beijing Enterprises Shixi Technology Co., Ltd.)
By fusing MediSun Energy’s cutting-edge plant design and core systems engineering with the formidable operational heritage of Guangdong Beijing Enterprises Shixi Technology—one of the top three water environmental enterprises in the world—the two organizations are spearheading a monumental shift in environmental infrastructure. Working hand-in-hand on joint plant design, MediSun Energy will provide comprehensive in-market engineering support to localize plant designs, ensuring full compliance with regional environmental standards, local civil constraints, and municipal utility interfaces.
By integrating high-efficiency SBR-AGS biological processes into standardized, modular engineering formats, the combined solution solves the most pressing bottlenecks facing modern utilities: severe urban land scarcity, long civil construction timelines, high energy demands, and strict nutrient discharge limits.
Key technical highlights of the SBR-AGS modular solution lineup include:
Biomimetic Honeycomb Modular Systems: Engineered for compact and permanent municipal needs (5,000 m³/d module scale), utilizing a prefabricated hexagonal “beehive” weathering steel structure that enables rapid on-site assembly within 15–35 days, while achieving total nitrogen removal up to 85% and biological phosphorus removal exceeding 90%.
Large-Scale Modular Wastewater Treatment Complexes: Designed for major municipal infrastructure handling up to 50,000 m³/d per unit, seamlessly integrating biochemical treatment, magnetic flocculation, and UV disinfection into an aesthetic, low-profile footprint. Operating at an ultra-compact 0.2 m²/m³, it delivers 30–50% energy savings and 10–20% capital cost reductions with a deployment cycle of just 60–90 days.
Joseph Chua, President & Co-Founder of MediSun Planet Pte Ltd, stated: “Municipalities across Southeast Asia, the Middle East, and globally are seeking immediate, scalable solutions to expand wastewater treatment capacity while meeting aggressive decarbonization and footprint goals. Traditional concrete construction can no longer keep pace with rapid urbanization. By leading the engineering and plant design alongside Guangdong Beijing Enterprises Shixi Technology—and leveraging their massive plant management expertise as one of the world’s top three water environmental leaders—we are delivering a game-changing, plug-and-play pathway that turns years of civil construction into weeks of modular deployment across key markets like Malaysia and Saudi Arabia.”
Junfang Zhou, General Manager of Guangdong Beijing Enterprises Shixi Technology Co., Ltd., added: “Guangdong Beijing Enterprises Shixi Technology Co., Ltd. has consistently set global benchmarks in biological wastewater treatment and large-scale plant operations. Partnering closely with MediSun Energy allows us to combine our deep operational heritage, world-class SBR-AGS technological legacy, and plant management experience with MediSun’s agile plant design, engineering strength, and expanding global market presence. Together, we are redefining modern water infrastructure with low-carbon, highly efficient modular plants engineered for the future.”
The agreement accelerates the commercial rollout of decentralized municipal wastewater infrastructure, providing utilities and industrial parks worldwide with a proven, rapidly deployable pathway toward low-carbon, space-efficient wastewater management.
About MediSun Energy MediSun Energy is a Singapore-headquartered water infrastructure company that delivers water as a product: factory-built, modular plants deployed in weeks and run by AI. Its platform spans clean water, brine recovery, compact sewage treatment and portable water systems, serving government and industrial programmes across the Gulf and Southeast Asia.
About Guangdong Beijing Enterprises Shixi Technology Co., Ltd. BE SHIXI TECH is a leading high-tech water enterprise specializing in water supply, advanced biological wastewater treatment, reclaimed water, modular product innovation, and high-efficiency equipment manufacturing. With end-to-end capabilities spanning R&D, design, manufacturing, delivery, and rapid response, the company delivers low-carbon, integrated turnkey solutions, customized process packages, and full-station equipment integration for municipal and industrial applications worldwide — meeting comprehensive project needs in performance, efficiency, and sustainability.
LAPP’s largest-ever acquisition pairs global engineering with regional agility to drive Southeast Asia’s next wave of connectivity.
SINGAPORE, Aug. 6, 2026 /PRNewswire/ — LAPP Group, a global leader in cable and connection technology, has completed its acquisition of JJ-LAPP. With this move, the German family-owned company unifies its operations across Southeast Asia under the singular LAPP brand identity.
Marking the largest acquisition in LAPP’s history, this milestone combines German engineering quality and innovation with JJ-LAPP’s established local footprint and entrepreneurial spirit to deliver state-of-the-art connectivity solutions across Southeast Asia.
The transaction represents the conclusion of an equal-share joint venture originally founded in 2004 with Jebsen & Jessen Group. Over the past two decades, the partnership successfully grew JJ-LAPP from a small cable distributor into a premier regional connectivity solutions provider.
Approximately 350 team members will be fully integrated into LAPP’s global structure. They are joining a team of more than 5,700 colleagues around the globe with a strong local footprint throughout Asia. LAPP is dedicated to preserving JJ-LAPP’s deep local market knowledge while enhancing service capabilities for customers across Singapore, Malaysia, the Philippines, Thailand, Vietnam, and Indonesia.
Richard Lee, Chairman and CEO of Asia Pacific for LAPP Group, said: “Southeast Asia’s market diversity is its greatest strength, but beneath every thriving sector lies a common denominator: the critical need for advanced cables and connection technology.”
“Whether it’s accelerating the rapid expansion of regional data centers, automating factories, or building smarter infrastructure, reliable connectivity is non-negotiable. LAPP is proud to be at the heart of this evolution, delivering the German-engineered reliability needed to power the region’s next wave of sustainable growth.”
“Our customers are at the heart of all that we do. With this acquisition, we reinforce our commitment to the region and strengthen our support for Southeast Asian businesses with direct access to LAPP’s global supply chain and engineering expertise.”
The acquisition comes at a time when Southeast Asia is seeing significant investment in AI-driven data centers, automated manufacturing facilities, and renewable energy infrastructure. These developments are creating growing demand for specialized cable and connection solutions that can support high-performance applications while withstanding the region’s challenging tropical environments.
Asia-Pacific is already LAPP’s fastest growing region with a strong double-digit growth rate in fiscal year 2025. To drive this growth, LAPP will leverage Indonesia as a core regional manufacturing hub to shorten lead times, alongside Vietnam as a key commercial hub.
Customers across high-growth industries, including industrial automation, data centers, and renewable energy, will continue to experience seamless business continuity while benefiting from faster response times and deeper regional engineering support.
Lapp Holding SE Schulze-Delitzsch-Str. 25 DE-70565 Stuttgart
About LAPP:
Headquartered in Stuttgart, Germany, LAPP is a leading supplier of integrated solutions and branded products in the field of cable and connection technology. The company’s portfolio includes standard and highly flexible cables, industrial connectors and screw technology, customised system solutions, automation technology and robotics solutions as well as technical accessories. LAPP’s core market is the industrial machinery and plant engineering sector. Other key markets are in the food industry, logistics, as well as the energy and the mobility sectors.
The company was founded in 1959 and is still fully family-owned today. In the 2025 fiscal year, it generated consolidated sales of EUR 1.93 billion. LAPP employs around 5,700 people worldwide, manufactures at 27 international locations and is active in a total of over 80 countries worldwide.
HONG KONG, Aug. 6, 2026 /PRNewswire/ — Recently, Global Banking and Finance Review, a leading British financial magazine, announced its 2026 award winners. Fosun International Limited (HKEX stock code: 00656) received three awards in recognition of its outstanding contributions to sustainable development and corporate social responsibility (CSR), as well as its growing global brand influence.
Fosun International received the “ESG & Sustainability Awards – Best Sustainable Development Company Asia 2026”, “CSR Awards – Best CSR Company Asia 2026”, and “Brand of the Year Awards – Holding Group Brand of the Year Asia 2026”. These accolades underscore the progress it has made in executing its sustainable development strategy, strengthening corporate governance, fulfilling its social responsibility and advancing environmental protection, while also affirming its long‑standing commitment to transparent operations and proactive stakeholder communication.
Global Banking and Finance Review highlighted that Fosun’s recognition in these awards reflects its balanced development and outstanding performance across multiple areas. On the business front, Fosun has continued to optimize its global industrial ecosystem, delivering resilient growth in its core businesses and strengthening its ability to navigate economic cycles. On the sustainability front, the company has integrated ESG principles into both strategic decision-making and day-to-day operations, underpinned by a clear roadmap and strong execution. The judging panel particularly emphasized that Fosun’s efforts to align commercial value with social value offer a valuable reference for companies in Asia and globally.
Outstanding ESG Performance and Continued Advancement of Sustainable Development Strategy
Fosun has embedded sustainable development at the heart of its corporate strategy and introduced the “Create IMPACT” sustainable development strategy, which sets out six long-term directions: Innovation-Driven, Mindful Operation, People and Partner Oriented, Advanced Governance, Climate and Planet Positive, and Transparency. In 2026, Fosun achieved a comprehensive breakthrough in Environmental, Social, and Governance (ESG) performance. Its MSCI ESG rating has been upgraded to the highest rating AAA, marking a significant milestone after five years of sustained effort since first receiving an AA rating in 2021 and indicating that its overall management standards have reached a leading position among global peers. Meanwhile, Fosun’s FTSE Russell ESG score rose to 4.2 (maximum score: 5) and has been included in the FTSE4Good Index Series for the fifth consecutive time, maintaining a leading position in the rating systems of internationally recognized index providers.
Fosun has also achieved steady improvement in mainstream international sustainability assessments. It has been included in S&P Global’s Sustainability Yearbook 2026 and, for the third consecutive year, ranked among the top 1% in the Sustainability Yearbook (China Edition) 2026. Furthermore, Fosun garnered a number of awards, including the “Certificate of Excellence in Environmental, Social and Governance Reporting” from Hong Kong Management Association, “Best ESG Company Hong Kong” from the magazine Financial Derivative, recognition in Fortune‘s “Most Admired Chinese Companies” list, and “Sustainable Asia Award” and “Best Environmental Responsibility Award” from Corporate Governance Asia, all of which underscore the industry’s strong recognition of Fosun’s comprehensive ESG efforts.
Fosun for Good, Actively Giving Back to Society
As a responsible corporate citizen, Fosun established Fosun Foundation in 2012, continuously creating social value in areas such as global emergency relief, rural revitalization, healthcare, and education and culture.
Fosun has continued to deepen its commitment to rural revitalization and primary healthcare. Since its launch in 2017, the Rural Doctors Program has supported 25,000 rural doctors and benefited 3 million rural families. The program was also selected as one of the UN Global Compact’s “20 Cases of Private Sector’s Sustainable Development in China for 20 Years”. Recently, Guo Guangchang, Chairman of Fosun International, made a trip to Guangchang County, Jiangxi Province, to visit rural doctors who have been supported by Fosun’s Rural Doctors Program for nine years. He said, “Every time I speak with rural doctors, I feel even more strongly that we are doing the right thing. This reflects Fosun’s original aspiration in supporting philanthropy.” The management’s long-term commitment and hands-on approach have continued to drive the program forward. In the second quarter of 2026, Fosun launched “AI Rural Doctor Assistant 2.0”, adding intelligent interpretation of lab reports and physical examination reports, alongside an interactive experience tailored to the actual workflows of rural doctors, thereby effectively enhancing primary healthcare efficiency.
In the face of sudden disaster, Fosun Foundation has demonstrated its efficient response capability. In July 2026, Guangxi was struck by a severe, devastating flood. Fosun Foundation immediately activated its emergency relief mechanism and rapidly delivered nearly 600,000 relief items to the front lines. Driven by a “0.01 second faster” mindset, it provided urgently needed supplies such as generators and self-heating meals to the affected people and rescue teams, demonstrating its enduring commitment to philanthropy and strong execution.
Fosun has also continued to support youth entrepreneurship and global innovation. The 8th edition of the “Protechting Open Innovation Program” jointly launched by Fosun Foundation, Fidelidade, and Luz Saúde, reached new heights this year. Focused on cutting-edge areas such as insurtech, medtech, artificial intelligence (AI), and ESG, the program received 637 applications from more than 50 countries and regions, setting a new record. In addition, the program provided deep incubation support, including over 80 mentor sessions and corporate immersion days for shortlisted teams. It also served as a bridge connecting Europe and China. Thirteen international technology innovation teams have been invited to participate in roadshows across Hong Kong, Foshan, Macau, Zhuhai, and Shanghai this autumn, where they will connect with industry resources and investment institutions. From Portugal to China, Protechting is steadily building an intercontinental platform for innovation exchange, helping young innovators from around the world to take root in China and beyond, and reflecting its long-term commitment to the “technology innovation + philanthropy” model.
Innovation-Driven Growth, Bringing AI and Healthcare Benefits to the Public
Fosun has consistently prioritized solving real-world problems and has deeply integrated AI into its core businesses, including pharmaceuticals, healthcare and intelligent services. On the research and development (R&D) front, Henlius’ AI-powered protein drug design platform has increased the binding affinity of a core project molecule by more than 20 times in just three months, significantly accelerating the development of new drugs. On the service front, Fosun Tourism Group has launched the AI G.O intelligent system, transforming decades of non-standard service experience into a 24/7 digital asset to deliver more personalized and thoughtful experiences for guests. Fosun has also been actively advancing technology for social good. Its “AI Rural Doctor Assistant” has been rolled out to 25,000 rural doctors, with a user satisfaction rate of 92%, effectively empowering grassroots primary healthcare and bringing the benefits of technology innovation to those who need them most.
Fosun’s Health business remains committed to bringing new hope of cure to more patients. It has established a deep presence in core therapeutic areas such as oncology, immunology and inflammation, and neurodegenerative diseases, while actively expanding into cardiometabolic diseases and rare diseases. This approach enables the development of high valued competitive pipelines and comprehensive healthcare solutions. Meanwhile, it continues to consolidate its core technical platforms including antibodies, antibody-drug conjugates (ADCs), small molecules and cell therapies, while expanding into cutting-edge therapeutic modalities such as radiopharmaceuticals and small nucleic acids. It has achieved a series of breakthroughs that are benefiting patients worldwide. As the world’s first monoclonal antibody targeting PD-1 approved for first-line treatment of extensive-stage small cell lung cancer (ES-SCLC), HANSIZHUANG has been approved for marketing in over 40 countries and regions. HLX43 has shown significant advantages, with a favorable efficacy and safety profile in non-small cell lung cancer (NSCLC), gynecological tumors, and other indications. HLX22 is the world’s first anti-HER2-targeted therapy to receive Orphan Drug Designation (ODD) approvals from both the US Food and Drug Administration (FDA) and the European Commission (EC) for gastric cancer.
At the same time, Fosun Pharma is committed to enhancing medication accessibility and contributing to the global vision of a “malaria-free world”. As of the end of 2025, Fosun Pharma’s independently developed artesunate for injection had saved more than 88 million patients with severe malaria worldwide, with more than 440 million vials supplied globally.
Looking ahead, Fosun will continue to deepen its “Create IMPACT” sustainable development strategy, actively taking on greater social responsibility through innovation and responsible operations, and endeavoring to build a more responsible, inclusive, and sustainable future.
https://www.cuhk.edu.hk/
https://www.linkedin.com/school/13045
https://x.com/cuhkofficial
https://www.facebook.com/CUHKofficial
https://www.instagram.com/thechineseuniversityofhongkong/
https://www.youtube.com/user/CUHKchannel
https://www.tp.com/en-us/
https://www.linkedin.com/company/wearetpgroup/
https://x.com/wearetpgroup
https://www.facebook.com/wearetpgroup/
https://www.instagram.com/wearetpgroup/?hl=en
