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Eratrectinib, the next-generation TRK inhibitor independently developed by Vcare PharmaTech, has received marketing approval

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NANJING, China, June 5, 2026 /PRNewswire/ — NTRK gene fusions have been identified as oncogenic drivers in adult and pediatric patients with pan-solid tumors. A fusion gene is typically formed by the combination of an NTRK gene containing a kinase domain and its fusion partner gene. To date, more than 229 fusion partner genes have been discovered, giving rise to 358 unique fusion-tumor pairings. Patients harboring such fusions generally have a poor prognosis. For advanced solid tumor patients who do not receive targeted therapy, the median overall survival ranges from 10.2 to 12.7 months, and these patients are also at a higher risk of brain metastasis. Meanwhile, the loss of the extracellular domain in NTRK fusions renders antibody-based therapies ineffective. Currently, treatment primarily relies on small-molecule TRK inhibitors that target the kinase domain.1-3

In terms of tumor type distribution, NTRK fusions are characterized by rare mutations with broad tumor spectrum distribution. On one hand, the incidence of NTRK fusions reaches up to 90% in rare malignancies such as secretory breast carcinoma and infantile fibrosarcoma, and ranges from 5% to 25% in papillary thyroid carcinoma and Spitzoid melanoma. On the other hand, real-world data from approximately 295,000 solid tumor patients worldwide indicate that NTRK fusion-positive cases account for a larger absolute number of patients among common cancer types. Collectively, NTRK fusion-positive patients with non-small cell lung cancer, breast cancer, soft tissue sarcoma and colorectal cancer make up nearly 50% of all affected cases, representing the key population requiring close clinical attention. In addition, the prevalence of NTRK fusions is higher in East Asian populations, with an overall incidence of approximately 0.4% among Chinese patients. It is estimated that more than 15,000 new cases of NTRK fusion-positive solid tumors are diagnosed in China each year.4-5

Breaking News: Domestic Next-Generation Tumor-Agnostic Targeted Drug Eratrectinib Approved

On June 4, the official website of the NMPA announced that Vcare PharmaTech’s Class 1 new drug, Eratrectinib, has been approved for marketing in China. It is indicated for adult and adolescent patients with advanced solid tumors harboring NTRK gene fusions.

Efficacy Breakthrough: Eratrectinib Delivers Comprehensive Clinical Benefits

Eratrectinib is a next-generation TRK inhibitor independently developed by Jiangsu Vcare PharmaTech Co.,Ltd.. In pivotal registration clinical trials for patients with NTRK fusion-positive solid tumors, this pan-tumor anticancer agent has demonstrated outstanding efficacy and safety.

Registration study results showed an ORR of 68.5% and a DCR of 85.2%. Among patients followed up for more than 6 months, the ORR reached 89.7% and the DCR was 100%, with a mOS of 40.7 months.6

In terms of long-term clinical benefits, Eratrectinib also achieved impressive results in PFS and DOR. The 2-year PFS rate stood at 75.7% and the 2-year DOR rate hit 85.5%, fully proving that the drug can deliver sustained disease control and long-term remission for patients.

Furthermore, for patients with baseline brain metastases, the ORR was as high as 87.5%. For patients previously treated with TRK-TKIs, the ORR reached 47.4%, reflecting robust therapeutic efficacy across these patient groups.

New Hope for Patients with NTRK Fusion Resistance

As a next-generation TRK inhibitor independently developed in China, Eratrectinib delivers durable and deep tumor remission, with potent brain penetration and a favorable overall safety profile. Different from the linear structure of first-generation TRK inhibitors, Eratrectinib features a cyclic molecular structure. Structural optimization reduces off-target risks and effectively prevents the emergence of drug-resistant mutations, endowing the agent with the anti-resistance mechanisms characteristic of second-generation TRK inhibitors.

About Vcare PharmaTech

Jiangsu Vcare PharmaTech Co., Ltd. (Vcare PharmaTech) was co-founded in 2010 by professors from China Pharmaceutical University and overseas returnee experts. As a commercial-stage innovative biopharmaceutical enterprise empowered by AI for differentiated de novo drug design, the Company is dedicated to the development of novel medicines and cutting-edge therapeutics, and has been accredited as a National Key Specialized, Refined, Differential and Innovative “Little Giant” Enterprise.

Headquartered in the Biotech and Pharmaceutical Valley of Nanjing Jiangbei New Area, Vcare PharmaTech owns an intelligent R&D headquarters spanning 21,000 square meters. It has built a full-chain innovation system covering independent new drug R&D and industrialization, ranging from AI-powered differentiated target initiation at the early discovery stage, preclinical candidate identification, integrated collaborative pharmaceutical development to green manufacturing. Boasting a robust talent pipeline, the Company employs over 900 staff members, among whom technical professionals account for more than 84%, including over 200 master’s and doctoral degree holders. Such a highly educated, specialized and innovation-driven core R&D workforce underpins the Company’s sustained technological breakthroughs and product upgrading.

Having engaged in pharmaceutical innovation for 16 years, Vcare PharmaTech adheres to the core strategy of indigenous R&D and innovation, targeting unmet clinical needs via differentiated therapeutic approaches. Centered on addressing treatment resistance, overcoming drug resistance and improving target selectivity, the Company has established a high-quality, diversified and tiered innovative drug pipeline covering major chronic illnesses including cardiovascular and cerebrovascular diseases, inflammatory autoimmune disorders and oncology, with its novel pharmaceutical discoveries positioned for global commercialization.

The Company’s core pipeline candidates feature prominent competitive edges and promising commercial prospects. Eratrectinib (VC004), a next-generation TRK inhibitor and small-molecule targeted anti-tumor agent indicated for solid tumors driven by NTRK gene fusions, delivers tumor-agnostic therapeutic benefits across a broad spectrum of indications and has obtained marketing approval in China. Sumecigrel Capsule, a novel oral P2Y12 receptor antagonist selected four times for China’s National Major Science and Technology Projects, precisely inhibits platelet activation and aggregation to block thrombosis for the prevention and treatment of cardiovascular, cerebrovascular and arterial circulatory disorders; its pivotal confirmatory clinical trials are well underway domestically. VC005, a new-generation highly selective JAK1 inhibitor, is being developed via both oral and topical formulations for full-population treatment of atopic dermatitis with all indications in Phase III clinical trials. The asset is also under clinical development for ankylosing spondylitis, vitiligo, alopecia areata and other autoimmune diseases, with robust efficacy and safety data accelerating its clinical progression.

Vcare PharmaTech Innovative Drug Pipeline
Vcare PharmaTech Innovative Drug Pipeline

Backed by years of technological accumulation, the Company strives to integrate AI capabilities across the entire value chain from early R&D to manufacturing, establishing an AI-enabled premium innovative drug development system and specialized technical platforms. Its R&D platforms have been officially accredited as Nanjing Key Laboratory for AI-Assisted Drug Design and Nanjing Engineering Research Center for Synthetic Biology & Flow Chemistry; its AI-directed site-specific enzyme mutation technology has been recognized as Advanced Cleaner Production Technology by Nanjing authorities. Over the past five years, the Company has secured aggregate financing exceeding RMB 1.2 billion, earning strong recognition from the capital market.

Moving forward, abiding by its founding mission of “The better Care, The better Medicines”, Vcare PharmaTech will keep advancing AI-driven original innovation and cutting-edge pharmaceutical technologies while expanding its footprint across domestic and overseas markets. Leveraging robust R&D strengths to build a differentiated novel drug portfolio, the company commits to delivering superior therapeutic options for patients worldwide and evolving into a globally influential innovative pharmaceutical enterprise.

References:

  1. Nguyen MA, et al. Pathology. 2023 Aug;55(5):596-609.
  2. Jiang T, et al. Acta Pharm Sin B. 2021 Feb;11(2):355-372.
  3. Cocco E, et al. Nat Rev Clin Oncol. 2018 Dec;15(12):731-747.
  4. O’Haire S, et al. Sci Rep. 2023 Mar 13;13(1):4116.
  5. Qi C, et al. Int J Cancer. 2023 Dec 1;153(11):1916-1927.
  6. Vcare Pharma. Phase II Clinical Study Data of Eratrectinib[R]

Commercial Cooperation:
Strategic Development Director: Dr. Peng, peng_yuran@vcarepharmatech.com
BD Director: Liam, xu_minghua@vcarepharmatech.com

Hong Kong wraps up successful mission to deepen ties with Central Asia

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HONG KONG SAR – Media OutReach Newswire – 5 June 2026 – A large high-level business delegation led by John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), today (June 5) wrapped up its five-day visit to Kazakhstan and Uzbekistan respectively, achieving fruitful results of strengthening bilateral relations and deepening ties with Central Asia.

The delegation of over 70 business and institutional leaders from Hong Kong and the Chinese Mainland is the largest and most diverse overseas mission led by the current term of the HKSAR Government so far.

Hong Kong SAR's Chief Executive, John Lee (fifth right) and the Advisor to the President of Uzbekistan on Strategic Development, Sardor Umurzakov (fourth right) witness the exchange of memoranda of understanding and co-operation agreements between government departments, enterprises and organisations from Hong Kong and Uzbekistan.
Hong Kong SAR’s Chief Executive, John Lee (fifth right) and the Advisor to the President of Uzbekistan on Strategic Development, Sardor Umurzakov (fourth right) witness the exchange of memoranda of understanding and co-operation agreements between government departments, enterprises and organisations from Hong Kong and Uzbekistan.

Speaking to the media in Uzbekistan yesterday (June 4), Mr Lee set out the three main objectives of the visit: further explore emerging markets and lay the foundation for long-term economic and trade development; strengthen government-to-government (G2G) relationships and promote closer bilateral co-operation; and build a “hub-to-hub” model of co-operation.

He said the visit had been successful, yielding achievements in eight areas, including:

  • Establishing high-level contacts and ties between the HKSAR Government and the Governments of Kazakhstan and Uzbekistan, and reaching consensus on co-operation in multiple areas;
  • A total of 96 co-operation agreements and memoranda of understanding (MoUs) were reached during the visit (61 with Kazakhstan, 35 with Uzbekistan), involving specific amounts exceeding US$1.65 billion in total;
  • The governments agreed to commence bilateral discussions on agreements in various areas;
  • Deepening project matching and research collaboration between Hong Kong and Central Asian region in areas including finance, innovation and technology (I&T), and aviation;
  • Demonstrating Hong Kong’s effective role as a platform for going global and achieving substantial results, with Hong Kong and Mainland enterprises joining forces in tapping new markets and bringing synergistic advantages into full play;
  • Facilitating more convenient people-to-people exchanges by promoting direct flights, aviation and transport co-operation, and extensions to the mutual visa-free period;
  • Promoting exchanges in education, talent and culture to further deepen people-to-people bonds; and
  • Advancing a hub-to-hub co-operation model to open up broader room for co-operation between Hong Kong and the Central Asian region.

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While in Tashkent (June 3-5), Mr Lee met with local leaders, government officials and business representatives to deepen co-operation between Hong Kong and Uzbekistan in areas including trade, investment, finance, I&T, and people-to-people exchanges.

Mr Lee held meetings with the President of Uzbekistan, Shavkat Miromonovich Mirziyoyev, his Advisor on Strategic Development, Sardor Umurzakov, the Prime Minister, Abdulla Nigmatovich Aripov, as well as the Deputy Prime Minister, Jamshid Khodjayev, to exchange views on furthering mutual co-operation.

Mr Lee highlighted that under the “one country, two systems” principle, Hong Kong enjoys both the China advantage and the global advantage. He said that Hong Kong would continue to play its roles as a “super connector” and a “super value-adder” to further deepen co-operation and exchanges with Uzbekistan on various fronts in line with Uzbekistan’s goal of achieving high-quality development.

Hong Kong SAR's Chief Executive, John Lee (left) meets with the President of Uzbekistan, Shavkat Miromonovich Mirziyoyev.
Hong Kong SAR’s Chief Executive, John Lee (left) meets with the President of Uzbekistan, Shavkat Miromonovich Mirziyoyev.

Earlier (June 3), Mr Lee met with the Minister of Foreign Affairs of Uzbekistan, Bakhtiyor Saidov, after which they jointly witnessed an exchange of notes between the two places on a mutual visa-free arrangement, which would allow a visa-free period of 30 days for visitors from both sides.

“Moreover, we are glad to have initialed the Air Services Agreement with Uzbekistan, and look forward to launching direct passenger flights between the two places soon,” Mr Lee said, during a high-level business dinner (June 4). The Chief Executive pointed out that Hong Kong and Uzbekistan are important trade and investment gateways to their respective regions – the Asia-Pacific and Central Asia.

“It helps that we are all believers in the Belt and Road (B&R) Initiative, a modern expression of the ancient Silk Road spirit,” Mr Lee said. “Today, China is Uzbekistan’s largest trading partner, and the two countries work closely on major infrastructure and connectivity projects that are revitalising the Silk Road. Hong Kong is a pivotal player in the B&R Initiative, thanks to our world-class professional and financial services expertise.”

The delegation also toured the IT Park Uzbekistan and the Center for Islamic Civilization before concluding its visit in Tashkent.

Hashtag: #HongKong #BrandHongKong #CentralAsia #Kazakhstan #Uzbekistan





The issuer is solely responsible for the content of this announcement.

Green SM launches Green SM Limo, a fully electric taxi service in India

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NEW DELHI, INDIA – Media OutReach Newswire – 5 June 2026 – Green SM officially launched Green SM Limo in New Delhi today, marking the company’s entry into India, one of the world’s largest and most dynamic mobility markets. With this milestone, India becomes Green SM’s fifth international market, following Vietnam, Laos, Indonesia, and the Philippines.

Green SM leaders, joined by representatives from Indian government agencies, the Vietnamese Embassy in India, and distinguished guests, ceremonially pressed the launch button to officially mark the debut of Green SM's fully electric taxi services in India.
Green SM leaders, joined by representatives from Indian government agencies, the Vietnamese Embassy in India, and distinguished guests, ceremonially pressed the launch button to officially mark the debut of Green SM’s fully electric taxi services in India.

The launch ceremony took place in New Delhi with the attendance of Shri Rao Narbir Singh – Honorable Minister for Industries & Commerce; Environment, Forest & Wildlife; Foreign Cooperation; and Sainik & Ardh Sainik Welfare; Government of Haryana, Dr. Virinder Sharma – Vice President Commission for Air Quality Management, along with representatives from Indian government agencies, the Embassy of Vietnam in India, and strategic partners across automotive, transportation, energy, finance, technology, infrastructure, and services.

The launch, held on World Environment Day, adds symbolic meaning to Green SM’s arrival in India, reflecting the company’s vision of making cleaner mobility an essential part of everyday urban life. By entering the Indian market, Green SM aims to offer people a safe, reliable, and high-quality mobility choice, while creating more employment and career development opportunities for local drivers. With its fully electric operating model, Green SM is also committed to working alongside local partners and communities to promote modern, environmentally friendly transport solutions and contribute to sustainable development.

In the first phase, Green SM will operate Green SM Limo in key areas of the Delhi National Capital Region, with plans to expand its service coverage in stages to meet growing customer demand. Green SM Limo operates the VinFast Limo Green, a seven-seater fully electric SUV developed specifically for high-quality passenger transportation services. With its spacious cabin, smooth performance, and zero tailpipe emissions, Green SM Limo is designed to serve a wide range of mobility needs, from daily commuting and family trips to business meetings and airport transfers.

Each vehicle is equipped with drinking water, wet tissues, and essential amenities to bring passengers a more comfortable journey. Green SM Limo vehicles are also fitted with the Secure-to-Safe safety system, which includes interior and exterior cameras, AI-powered technology, and emergency support buttons for both drivers and passengers.

Behind every Green SM Limo journey is a team of professionally-trained Green Drivers. They are trained in electric vehicle operations, road safety, and customer service skills. Each Green Driver represents Green SM’s values of safety, dedication, professionalism, honesty, and responsibility in every ride.

“Ride 5 Star” is Green SM Limo’s service commitment, built on vehicle quality, safety standards, driver professionalism, and customer experience. It reflects Green SM’s promise to take care of each journey from the smallest details, so every ride can feel more comfortable, secure, and memorable.

Customers in India can book Green SM Limo through the Green SM app, available on the App Store and Google Play, contact the hotline, or hail a vehicle directly in Green SM operating areas. To celebrate the launch, from June 5 to June 11, Green SM is offering a promotion of 50%, up to INR 250, for customers booking rides through the app.

At the launch, Green SM also welcomed five local partners from mobility, travel, technology, and service sectors to join the Green Alliance Frontier. This global platform connects pioneering green businesses that share a commitment to sustainable development. The initiative creates opportunities for cooperation, encourages innovation, and supports green transformation across markets.

Mr. Nguyen Van Thanh, GSM Global CEO, said: “India is one of the most important mobility markets in the world. Its scale, rapid growth, and strong spirit of innovation are opening up many opportunities for the future of green transportation. We come to India with respect for the market, confidence in its long-term potential, and a commitment to working closely with local partners. Green SM hopes to bring high-quality fully electric rides to customers, while contributing to broader access to safe, reliable, and more sustainable mobility choices. We believe trust is the most important foundation for long-term growth. This is also what Green SM hopes to build with customers, partners, and communities in India in the years ahead.”

The launch of Green SM Limo in India further expands Green SM’s international footprint and brings its fully electric mobility model, together with service standards developed and tested across multiple markets, to customers in one of the world’s most dynamic economies.

Established in Vietnam in 2023, Green SM currently operates its green mobility ecosystem in Vietnam, Laos, Indonesia, the Philippines, and India. With a fully electric fleet, a professional Green Driver team, and consistent service standards across markets, the company is steadily working toward its goal of bringing high-quality mobility experiences to more customers around the world.

Hashtag: #GreenSM

The issuer is solely responsible for the content of this announcement.

Epay Captures Global Spotlight at Money20/20 Europe

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HONG KONG SAR – Media OutReach Newswire – 5 June 2026 – On June 4, 2026, Money20/20 Europe—the premier global fintech event—officially concluded at the RAI Amsterdam Convention Centre.

Epay Captures Global Spotlight at Money20/20 Europe
Epay Captures Global Spotlight at Money20/20 Europe

As an innovative driver of global payment solutions, Epay made a powerful international impression by showcasing its robust product matrix and vertical industry solutions. Amidst this prestigious gathering of top-tier global decision-makers, Epay emerged as a focal point of the event, drawing significant industry attention with its specialized sector expertise and deep compliance capabilities.

Connecting Finance, Shaping the Future

Throughout the event, the Epay booth buzzed with high-energy discussions as a steady stream of industry leaders and representatives gathered for consultations. Against the backdrop of an evolving global trade landscape, the strategic synergy and bidirectional flow between high-growth markets in Europe and the Asia-Pacific region emerged as a primary focus for many attending businesses.

On the floor, Epay’s expert team provided in-depth, tailored consultations for fintech peers, social media platforms, digital marketing agencies, and B2B trading enterprises. Addressing complex pain points such as global pan-entertainment payouts and cross-border supply chain fund flows, the team demonstrated Epay’s core global collection and payout capabilities alongside its flexible API solutions, precisely empowering businesses to expand internationally.

Furthermore, the Epay team engaged in deep-dive strategic dialogues with local commercial banks, international clearing organizations, and financial experts from various countries. Moving forward, Epay remains dedicated to expanding robust local payment networks, leveraging its forward-looking vision to power the global digital economy.

Hashtag: #EPay

The issuer is solely responsible for the content of this announcement.

About Epay

Forging Ahead, Driving Digital Growth
The curtain has fallen, but a new journey has just begun. For Epay, the conclusion of this international expedition marks the starting point for a new chapter in empowering global growth.

Standing at the forefront of the global digital economy, Epay remains committed to security as its foundation and innovation as its driving force, continuously building a compliant and rock-solid fintech infrastructure. Looking ahead, Epay will continue to dissolve geographical and financial barriers, marching alongside visionaries worldwide. We look forward to leveraging an even more forward-looking ecosystem to safeguard the global expansion of cross-border enterprises.

With past milestones honored and the future ahead, we look forward to seeing you at our next stop—ChinaJoy in Shanghai!

Blue by Alain Ducasse Continues Award-Winning Momentum, Showcasing Bangkok on the Global Gastronomic Stage

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The Michelin-starred restaurant at ICONSIAM earns prestigious recognitions from the Haute Grandeur Global Awards 2026 and Tatler Best Thailand 2026, reaffirming its position among Asia’s leading gastronomic destinations


BANGKOK, THAILAND – Media OutReach Newswire – 5 June 2026 – Blue by Alain Ducasse, the Michelin-starred contemporary French restaurant envisioned by legendary chef Alain Ducasse, continues to reinforce Bangkok’s emergence as one of the world’s most dynamic fine dining destinations through a growing collection of prestigious international and national accolades. Since its opening in November 2019, Blue by Alain Ducasse has consistently received recognition from leading international and regional institutions. The restaurant has retained one Michelin star for six consecutive years in the Michelin Guide Thailand and has also been recognized by Asia’s 50 Best Restaurants. Beyond culinary excellence, the restaurant has earned prestigious international design accolades, including Le French Design 100 and the Best of the Year Awards by Interior Design Magazine, reflecting its commitment to excellence across every aspect of the guest journey.

Blue by Alain Ducasse at ICONSIAM, Bangkok, Thailand
Blue by Alain Ducasse at ICONSIAM, Bangkok, Thailand

In 2026, Blue by Alain Ducasse continued its remarkable award-winning momentum by receiving two distinguished honors at the Haute Grandeur Global Awards 2026, earning the titles of “Best Food and Wine Pairing Experience in Asia” and “Most Unique Guest Experience in Thailand.” Internationally recognized for celebrating excellence across the global luxury hospitality industry, the Haute Grandeur Global Awards honor establishments that demonstrate exceptional standards in service, innovation, and guest satisfaction. These latest achievements further underscore Blue by Alain Ducasse’s distinctive approach to modern gastronomy — one that extends beyond fine dining to create a truly immersive culinary journey. From refined French craftsmanship and thoughtfully curated wine pairings to warm hospitality and panoramic views overlooking Bangkok’s iconic Chao Phraya River, every element is designed to deliver an elegant and memorable guest experience.

The Blue by Alain Ducasse Team
The Blue by Alain Ducasse Team

The restaurant’s strong momentum in 2026 also saw Blue by Alain Ducasse named among the “Best 20 Restaurants in Thailand” in the Tatler Best Guide Book 2026. Recognized as one of Asia’s leading luxury lifestyle and dining authorities, Tatler’s annual dining guide celebrates the country’s most exceptional restaurants, chefs, and hospitality experiences, highlighting excellence in cuisine, creativity, ambiance, and service. Under the leadership of Executive Chef Evens López, the restaurant has become one of Bangkok’s most sought-after culinary destinations, presenting contemporary French cuisine crafted from premium seasonal ingredients and subtly inspired by Thailand’s rich cultural heritage. Guided by Alain Ducasse’s philosophy that dining is “an art of living,” every detail, from cuisine and wine pairings to ambiance and service, is carefully orchestrated to create a sophisticated and deeply memorable gastronomic experience.

Adding to the restaurant’s growing list of accolades, Christophe Grilo, Executive Pastry Chef of Blue by Alain Ducasse, was honored with the prestigious “Best Pastry Chef” title in Tatler’s Best-In-Class Restaurants Winners 2026. Renowned for his refined pastry artistry, precision techniques, and elegant flavor compositions, Chef Christophe continues to redefine pastry as an integral expression of the restaurant’s overall culinary identity.

Spring Menu 2026: Brown Crab from Roscoff, Brittany, Topped with Kristal Caviar from Maison Kaviari
Spring Menu 2026: Brown Crab from Roscoff, Brittany, Topped with Kristal Caviar from Maison Kaviari

In the same year, Blue by Alain Ducasse was also recognized as “Best French Restaurant” and secured a place among the Top 20 restaurants at the BK Top Tables 2026 Restaurant Awards. Organized by BK Magazine, one of Bangkok’s leading lifestyle and dining publications, the annual BK Top Tables Awards celebrate the city’s most outstanding restaurants and culinary talents across a wide range of dining categories. Collectively, these accolades reflect the restaurant’s continued influence in shaping Bangkok’s reputation as one of Asia’s leading gastronomic capitals.

Spring Menu 2026: Rainbow Courgette Filled with Comté Cheese and Walnuts, Accompanied by a Lemon Verbena Beurre Blanc
Spring Menu 2026: Rainbow Courgette Filled with Comté Cheese and Walnuts, Accompanied by a Lemon Verbena Beurre Blanc

Located at ICONSIAM, Blue by Alain Ducasse is the only Michelin-starred fine-dining restaurant in Thailand situated within a world-class luxury retail destination. The restaurant has become a key part of Bangkok’s luxury hospitality landscape, attracting discerning diners and international travelers alike. Supoj Chaiwatsirikul, Managing Director of ICONSIAM Company Limited, said: “The continued success of Blue by Alain Ducasse reflects ICONSIAM’s commitment to bringing world-class experiences to Thailand while showcasing Bangkok to international audiences. Recognized as a Global Experiential Destination, ICONSIAM serves as a platform where luxury, culture, innovation, and gastronomy come together to create memorable experiences for visitors from around the world. These recognitions reinforce Bangkok’s growing reputation as a leading destination for luxury tourism, culture, and fine dining, and we are proud to play a role in strengthening Thailand’s position on the global stage.”

Continuing the pursuit of excellence that has earned widespread industry recognition, the restaurant recently unveiled its Spring Menu 2026, a seasonal expression of contemporary French gastronomy crafted from carefully selected premium ingredients and distinguished by elegance, precision, and the unique culinary identity of Blue by Alain Ducasse. Available for both lunch and dinner, the new menu offers a range of curated dining experiences to suit different occasions and appetites. At lunch, guests may choose from the Business Lunch (3 courses) priced at THB 2,950, the 5-Course Découverte Menu at THB 6,500, or the 7-Course Voyage Menu at THB 8,500. For dinner, the experience begins with the Aperçu Menu (3 courses) at THB 4,800, followed by the 5-Course Découverte Menu at THB 6,500 and the restaurant’s signature 7-Course Voyage Menu at THB 8,500. Each menu is thoughtfully designed to take guests on an immersive culinary journey, showcasing the restaurant’s refined philosophy and contemporary interpretation of French gastronomy.

As Bangkok continues to emerge as one of Asia’s leading luxury travel and culinary capitals, Blue by Alain Ducasse remains at the forefront of the city’s evolving gastronomic landscape, seamlessly bridging French culinary excellence with the sophistication, creativity, and cultural richness of contemporary Thailand.

For reservations and further information, visit Blue by Alain Ducasse or follow @bluebyalainducasse on Instagram.

Hashtag: #BluebyAlainDucasse #ICONSIAM

The issuer is solely responsible for the content of this announcement.

About Blue by Alain Ducasse

Located at ICONSIAM, Bangkok’s iconic riverside destination, Blue by Alain Ducasse brings the spirit of contemporary French cuisine to Thailand through precision, creativity, and deep respect for nature’s finest ingredients. Guided by the vision of world-renowned chef Alain Ducasse — the most Michelin-starred chef in the world with a career total of 21 stars — the restaurant reflects an unwavering commitment to culinary excellence. Blue by Alain Ducasse has proudly retained its one Michelin star for six consecutive years since 2020 and continues to be recognised among Bangkok’s most distinguished dining destinations. Complementing its acclaimed cuisine, the restaurant offers panoramic views of the Chao Phraya River and an award-winning interior design, honoured by Le France Design 100 and Interior Design’s Best of the Year in the Fine Dining category.

DomoAI Brings Seedance 2.0 Image-to-Video to Creators — First Generation Free, No Re-Upload Needed

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SINGAPORE, June 5, 2026 /PRNewswire/ — DomoAI has added Seedance 2.0 to its image-to-video tools, so creators can now turn any image into a short cinematic clip with the sound already built in.

There will be 2 versions available on DomoAI. One is Seedance 2.0, the full-quality one for clips you’re ready to publish, and Seedance 2.0 Fast, a cheaper, quicker option for when you’re still working out an idea.

DomoAI covers a wide range of types of content creators work on a daily basis: AI music videos, story scenes, character shorts, product visuals, and social media clips. Creators can create individual videos within DomoAI without switching between platforms. There’s no need to export files, upload to other platforms, or repeatedly enter the same prompts. The original image always serves as an anchor point, so faces, motions, and your artistic style blend seamlessly into the dynamic visuals without shifting during playback.

Audio and video get generated together in a single step, including sound, effects, and music, which means a clip can go straight to publish without running it through a separate AI audio tool. You can keep whatever the model produces or drop in your own track instead.

If you want to push it further, you can send the video clip into DomoAI’s Talking Avatar and it’ll add lip-synced speech. It will become a dynamic shot, and then a character that speaks in precise synchronization with lip movements.

About DomoAI DomoAI is a generative AI video platform serving more than five million creators worldwide. The company is dedicated to developing a unified workflow for AI-generated video and image content.

Media Contact

Penny

Marketing@domoai.app

Tuniu Announces Unaudited First Quarter 2026 Financial Results

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NANJING, China, June 5, 2026 /PRNewswire/ — Tuniu Corporation (NASDAQ: TOUR) (“Tuniu” or the “Company”), a leading online leisure travel company in China, today announced its unaudited financial results for the first quarter ended March 31, 2026.

“We are pleased to see that the implementation of certain favorable policies this year has boosted the vitality of China’s tourism market,” said Mr. Donald Dunde Yu, Tuniu’s founder, Chairman and Chief Executive Officer. “In the first quarter, our business continued to maintain steady growth, with net revenues increasing by 12.8% year-over-year. At the same time, we achieved non-GAAP profitability for the fifth consecutive quarter. This year, we will continue strengthening both our product supply chain and sales channel capabilities. Leveraging our industry experience and strengths, we will maintain our focus on providing customers with more high-quality products and services. We will continue to uphold an open and collaborative approach by extending our products, services and technological capabilities to our partners across channels, working together to help more travelers enjoy simple and comfortable travel experiences.”

First Quarter 2026 Results

Net revenues were RMB132.6 million (US$19.2 million[1]) in the first quarter of 2026, representing a year-over-year increase of 12.8% from the corresponding period in 2025.

  • Revenues from packaged tours were RMB109.7 million (US$15.9 million) in the first quarter of 2026, representing a year-over-year increase of 10.8% from the corresponding period in 2025. The increase was primarily due to the growth of organized tours and self-guided tours.
  • Other revenues were RMB22.9 million (US$3.3 million) in the first quarter of 2026, representing a year-over-year increase of 23.5% from the corresponding period in 2025. The increase was primarily due to the increase in the fees for advertising services provided to tourism boards and bureaus.

[1] The conversion of Renminbi (“RMB”) into United States dollars (“US$”) is based on the exchange rate of US$1.00=RMB6.8980 on March 31, 2026 as set forth in H.10 statistical release of the U.S. Federal Reserve Board and available at https://www.federalreserve.gov/releases/h10/default.htm.

Cost of revenues was RMB59.0 million (US$8.6 million) in the first quarter of 2026, representing a year-over-year increase of 22.6% from the corresponding period in 2025. As a percentage of net revenues, cost of revenues was 44.5% in the first quarter of 2026, compared to 41.0% in the corresponding period in 2025.

Gross profit was RMB73.6 million (US$10.7 million) in the first quarter of 2026, representing a year-over-year increase of 6.1% from the corresponding period in 2025.

Operating expenses were RMB77.3 million (US$11.2 million) in the first quarter of 2026, representing a year-over-year decrease of 3.5% from the corresponding period in 2025.

  • Research and product development expenses were RMB13.6 million (US$2.0 million) in the first quarter of 2026, representing a year-over-year decrease of 6.7%. The decrease was primarily due to the decrease in research and product development personnel related expenses. Research and product development expenses as a percentage of net revenues were 10.2% in the first quarter of 2026.
  • Sales and marketing expenses were RMB50.5 million (US$7.3 million) in the first quarter of 2026, representing a year-over-year increase of 16.9%. The increase was primarily due to the increase in promotion expenses. Sales and marketing expenses as a percentage of net revenues were 38.1% in the first quarter of 2026.
  • General and administrative expenses were RMB13.5 million (US$2.0 million) in the first quarter of 2026, representing a year-over-year decrease of 40.7%. The decrease was primarily due to the impairment of property and equipment, net recorded in the first quarter of 2025. General and administrative expenses as a percentage of net revenues were 10.2% in the first quarter of 2026.

Loss from operations was RMB3.7 million (US$0.5 million) in the first quarter of 2026, compared to a loss from operations of RMB10.8 million in the first quarter of 2025. Non-GAAP[2] loss from operations, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB1.8 million (US$0.3 million) in the first quarter of 2026.

[2] The section below entitled “About Non-GAAP Financial Measures” provides information about the use of Non-GAAP financial measures in this press release, and the table captioned “Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this press release reconciles Non-GAAP financial information with the Company’s financial results under GAAP.

Net income was RMB0.2 million (US$32.8 thousand) in the first quarter of 2026, compared to a net loss of RMB5.4 million in the first quarter of 2025. Non-GAAP net income, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB2.2 million (US$0.3 million) in the first quarter of 2026.

Net income attributable to ordinary shareholders of Tuniu Corporation was RMB0.7 million (US$0.1 million) in the first quarter of 2026, compared to a net loss attributable to ordinary shareholders of Tuniu Corporation of RMB4.7 million in the first quarter of 2025. Non-GAAP net income attributable to ordinary shareholders of Tuniu Corporation, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB2.6 million (US$0.4 million) in the first quarter of 2026.

As of March 31, 2026, the Company had cash and cash equivalents, restricted cash, short-term investments and long-term deposits of RMB1.0 billion (US$147.7 million).

Business Outlook

For the second quarter of 2026, Tuniu expects to generate RMB134.9 million to RMB141.6 million of net revenues, which represents a 0% to 5% increase year-over-year compared with net revenues in the corresponding period in 2025. This forecast reflects Tuniu’s current and preliminary view on the industry and its operations, which is subject to change.

Share Repurchase Update

In August 2025, the Company’s Board of Directors authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its ordinary shares or American depositary shares (“ADSs”) representing ordinary shares.

Effective April 22, 2026, the Company changed its ADS ratio from the previous ratio of one (1) ADS representing three (3) Class A ordinary shares to the current ratio of one (1) ADS representing thirty (30) Class A ordinary shares.

As of May 31, 2026, the Company had repurchased an aggregate of approximately 0.6 million ADSs (on a post-ratio change basis) for approximately US$4.9 million from the open market under the share repurchase program.

Conference Call Information

Tuniu’s management will hold an earnings conference call at 8:00 am U.S. Eastern Time, on June 5, 2026, (8:00 pm, Beijing/Hong Kong Time, on June 5, 2026) to discuss the first quarter 2026 financial results.

To participate in the conference call, please dial the following numbers:

United States

1-888-346-8982

Hong Kong

800-905945

Chinese mainland

4001-201203

International

1-412-902-4272

Conference ID: Tuniu 1Q 2026 Earnings Conference Call

A telephone replay will be available one hour after the end of the conference call through June 12, 2026. The dial-in details are as follows:

United States

1-855-669-9658

International

1-412-317-0088

Replay Access Code: 9936168

Additionally, a live and archived webcast of the conference call will also be available on the Company’s investor relations website at http://ir.tuniu.com.

About Tuniu

Tuniu (Nasdaq: TOUR) is a leading online leisure travel company in China that offers integrated travel service with a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Tuniu may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Tuniu’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but are not limited to the following: Tuniu’s goals and strategies; the growth of the online leisure travel market in China; the demand for Tuniu’s products and services; its relationships with customers and travel suppliers; Tuniu’s ability to offer competitive travel products and services; Tuniu’s future business development, results of operations and financial condition; competition in the online travel industry in China; government policies and regulations relating to Tuniu’s structure, business and industry; the impact of health epidemics on Tuniu’s business operations, the travel industry and the economy of China and elsewhere generally; and the general economic and business condition in China and elsewhere. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Tuniu does not undertake any obligation to update such information, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement the Company’s unaudited consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles (“GAAP”), the Company has provided non-GAAP information related to income/(loss) from operations, net income/(loss), net income/(loss) attributable to ordinary shareholders of Tuniu Corporation, which excludes share-based compensation expenses, amortization of acquired intangible assets and impairment of property and equipment, net. The presentation of this non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We believe that the non-GAAP financial measures used in this press release are useful for understanding and assessing underlying business performance and operating trends, and management and investors benefit from referring to these non-GAAP financial measures in assessing our financial performance and when planning and forecasting future periods.

This non-GAAP financial measure is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. The non-GAAP financial measure has limitations as an analytical tool. Further, this non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore its comparability may be limited. The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating performance. Tuniu encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.

For more information on these non-GAAP financial measures, please see the table captioned “Reconciliations of GAAP and non-GAAP Results” set forth at the end of this press release.

(Financial Tables Follow)

 

Tuniu Corporation

Unaudited Condensed Consolidated Balance Sheets

(All amounts in thousands)

 December 31, 2025 

 March 31, 2026 

 March 31, 2026 

 RMB 

 RMB 

 US$ 

ASSETS

Current assets

Cash and cash equivalents

207,228

217,057

31,467

Restricted cash 

10,222

9,476

1,374

Short-term investments

853,704

745,577

108,086

Accounts receivable, net

66,834

63,739

9,240

Amounts due from related parties

1,293

1,060

154

Prepayments and other current assets, net

157,558

140,154

20,318

Total current assets

1,296,839

1,177,063

170,639

Non-current assets

Long-term investments

227,012

208,097

30,168

Property and equipment, net

18,860

17,780

2,578

Intangible assets, net

19,645

19,029

2,759

Operating lease right-of-use assets, net

6,873

6,254

907

Other non-current assets

30,754

30,663

4,445

Total non-current assets

303,144

281,823

40,857

Total assets

1,599,983

1,458,886

211,496

LIABILITIES AND EQUITY

Current liabilities

Short-term borrowings

35

–

–

Accounts and notes payable 

219,440

232,280

33,674

Amounts due to related parties

980

1,607

233

Salary and welfare payable

19,594

17,976

2,606

Taxes payable

4,077

3,219

467

Advances from customers

184,461

131,944

19,128

Operating lease liabilities, current

3,340

3,391

492

Accrued expenses and other current liabilities

204,388

112,420

16,299

Total current liabilities

636,315

502,837

72,899

Non-current liabilities

Operating lease liabilities, non-current

1,023

941

136

Deferred tax liabilities

4,534

4,390

636

Total non-current liabilities

5,557

5,331

772

Total liabilities

641,872

508,168

73,671

Equity

Ordinary shares

219

219

32

Less: Treasury stock

(82,474)

(87,332)

(12,660)

Additional paid-in capital

9,122,119

9,123,422

1,322,618

Accumulated other comprehensive income

307,446

303,382

43,981

Accumulated deficit

(8,317,009)

(8,316,343)

(1,205,617)

Total Tuniu Corporation shareholders’ equity

1,030,301

1,023,348

148,354

Noncontrolling interests

(72,190)

(72,630)

(10,529)

Total equity

958,111

950,718

137,825

Total liabilities and equity

1,599,983

1,458,886

211,496

 

Tuniu Corporation

Unaudited Condensed Consolidated Statements of Comprehensive (Loss)/Income

(All amounts in thousands, except share and per share information)

 Quarter Ended 

 Quarter Ended 

 Quarter Ended 

 Quarter Ended 

 March 31, 2025 

 December 31, 2025 

 March 31, 2026 

 March 31, 2026 

 RMB 

 RMB 

 RMB 

 US$ 

Revenues

Packaged tours

98,969

102,090

109,675

15,900

Others

18,547

21,454

22,914

3,322

Net revenues

117,516

123,544

132,589

19,222

Cost of revenues

(48,169)

(53,503)

(59,033)

(8,558)

Gross profit

69,347

70,041

73,556

10,664

Operating expenses

Research and product development

(14,528)

(12,314)

(13,556)

(1,965)

Sales and marketing

(43,188)

(44,144)

(50,488)

(7,319)

General and administrative

(22,755)

(12,836)

(13,483)

(1,955)

Other operating income

326

328

223

32

Total operating expenses

(80,145)

(68,966)

(77,304)

(11,207)

(Loss)/income from operations

(10,798)

1,075

(3,748)

(543)

Other income/(expenses)

Interest and investment income, net

7,829

1,749

5,692

825

Interest expense

(551)

(312)

(211)

(31)

Foreign exchange (loss)/income, net

(1,521)

(644)

328

48

Other (loss)/income, net

(364)

247

(2,847)

(413)

(Loss)/income before income tax expense

(5,405)

2,115

(786)

(114)

Income tax expense

(52)

(474)

(100)

(14)

Equity in income/(loss) of affiliates

105

(105)

1,112

161

Net (loss)/income

(5,352)

1,536

226

33

Net loss attributable to noncontrolling interests

(654)

(10)

(440)

(64)

Net (loss)/income attributable to ordinary shareholders of
Tuniu Corporation

(4,698)

1,546

666

97

Net (loss)/income

(5,352)

1,536

226

33

Other comprehensive (loss)/income:

Foreign currency translation adjustment, net of nil tax

(861)

(2,213)

(4,064)

(589)

Comprehensive loss

(6,213)

(677)

(3,838)

(556)

Net (loss)/income per ordinary share attributable to ordinary
shareholders – basic and diluted

(0.01)

0.00

0.00

0.00

Net (loss)/income per ADS – basic and diluted*

(0.30)

0.00

0.00

0.00

Weighted average number of ordinary shares used in
computing basic (loss)/income per share

348,847,377

331,409,074

326,212,384

326,212,384

Weighted average number of ordinary shares used in
computing diluted (loss)/income per share

348,847,377

333,434,286

328,033,049

328,033,049

Weighted average number of ADSs used in computing basic
(loss)/income per share

11,628,246

11,046,969

10,873,746

10,873,746

Weighted average number of ADSs used in computing diluted
(loss)/income per share

11,628,246

11,114,476

10,934,435

10,934,435

Share-based compensation expenses included are as follows：

Cost of revenues

65

65

63

9

Research and product development

65

65

63

9

Sales and marketing

31

32

30

4

General and administrative

1,230

1,237

1,191

173

Total

1,391

1,399

1,347

195

*The Company changed the ratio of its ADSs to its Class A ordinary shares from the previous ratio of one (1) ADS representing three (3) Class A ordinary shares
to current ratio of one (1) ADS representing thirty (30) Class A ordinary shares, effective April 22, 2026. Net (loss)/income per ADS – basic and diluted has been
retroactively adjusted for all periods presented to reflect the current ADS ratio.

 

Reconciliations of GAAP and Non-GAAP Results

(All amounts in thousands)

 Quarter Ended March 31, 2026

 GAAP Result 

 Share-based 

Amortization of Acquired 

Impairment

 Non-GAAP 

 Compensation 

  Intangible Assets 

 of Property and Equipment, net 

 Result 

Loss from operations

(3,748)

1,347

591

–

(1,810)

Net income

226

1,347

591

–

2,164

Net income attributable to ordinary shareholders of Tuniu
Corporation

666

1,347

591

–

2,604

 Quarter Ended December 31, 2025

 GAAP Result 

 Share-based 

Amortization of Acquired 

Impairment

 Non-GAAP 

 Compensation 

  Intangible Assets 

 of Property and Equipment, net 

 Result 

Income from operations

1,075

1,399

591

–

3,065

Net income

1,536

1,399

591

–

3,526

Net income attributable to ordinary shareholders of Tuniu
Corporation

1,546

1,399

591

–

3,536

 Quarter Ended March 31, 2025

 GAAP Result 

 Share-based 

Amortization of Acquired 

Impairment

 Non-GAAP 

 Compensation 

  Intangible Assets 

 of Property and Equipment, net 

 Result 

Loss from operations

(10,798)

1,391

764

3,316

(5,327)

Net (loss)/income

(5,352)

1,391

764

3,316

119

Net (loss)/income attributable to ordinary shareholders of Tuniu
Corporation

(4,698)

1,391

764

3,316

773

 

 

VinFast showcases a complete EV ecosystem at its first Philippine international motor show appearance

By
Advertorial Desk
-

MANILA, PHILIPPINES – Media OutReach Newswire – 5 June 2026 – VinFast today announced its first appearance at the Philippine International Motor Show (PIMS), showcasing a comprehensive electric vehicle ecosystem that integrates EVs, charging infrastructure, transportation services, and ownership solutions. Headlined by the new Rentapasada program, VinFast’s participation demonstrates how this connected ecosystem can make EV adoption more accessible and practical for Filipino consumers while supporting the country’s transition to a greener future.

VinFast made its first appearance at the 2026 Philippine International Motor Show (PIMS), showcasing its comprehensive EV ecosystem, including electric vehicles, charging infrastructure, green mobility services, and flexible ownership solutions.
VinFast made its first appearance at the 2026 Philippine International Motor Show (PIMS), showcasing its comprehensive EV ecosystem, including electric vehicles, charging infrastructure, green mobility services, and flexible ownership solutions.

Taking place from June 4 to 7 in Metro Manila, the biennial PIMS is one of the Philippines’ leading automotive exhibitions, bringing together major local and international automotive brands to showcase new products, technologies, and mobility solutions. This year’s edition features around 150 vehicles, approximately half of which are electrified models, reflecting the industry’s accelerating shift toward sustainable mobility.

At PIMS 2026, the show’s 10th edition since its launch in 2006, VinFast will bring its integrated EV ecosystem to life through a 240-sqm exhibition space. Visitors can explore the Company’s growing portfolio of electric vehicles, including the VF 3, VF 6, VF 7, and VF 9, alongside the service-focused Herio Green and Limo Green models, while also discovering V-Green’s smart charging solutions and Green GSM’s transportation services.

At the center of VinFast’s showcase is the launch of Rentapasada program, which enables participants to access VinFast electric vehicles through flexible rental arrangements and start earning on the Green GSM platform with a low upfront deposit, long-term contracts, and competitive fixed daily rates starting from just PHP 1,000. By reducing upfront costs and ownership barriers, the program expands access to electric mobility while creating new income-generating opportunities for Filipino drivers.

Rentapasada reflects VinFast’s broader vision of making EVs relevant not only as a transportation solution, but also as an economic opportunity. Together with Green GSM and V-Green, the program forms part of a connected ecosystem designed to address key barriers to EV adoption.

Alongside Rentapasada, VinFast is presenting one of the most comprehensive EV lineups at PIMS 2026, led by the VF MPV 7, a spacious electric MPV designed to meet the evolving needs of modern Filipino families. To mark the occasion, VinFast is offering a special promotional program for the first 1,000 VF MPV 7 customers, with direct purchase incentives of over PHP 27,000 for purchases with battery included, or up to one year of free battery subscription for customers who opt for the battery subscription model.

These promotional offers complement a broader package of ownership benefits available across the VinFast lineup. Customers who purchase VinFast electric vehicles can enjoy complimentary charging at V-Green charging stations until March 31, 2029, helping reduce long-term operating costs while enhancing ownership confidence. Eligible customers may also choose to convert this charging benefit into a one-year complimentary battery subscription package, providing greater flexibility based on their individual driving needs.

Mr. Antonio “Toti” Zara III, CEO for VinFast Southeast Asia, said: “Our participation at the Philippine International Motor Show 2026 reflects VinFast’s long-term commitment to accelerating electric vehicle adoption in the Philippines. As the market continues to evolve, we recognize that customers are looking beyond the vehicle itself and are placing greater importance on the overall ownership experience. By showcasing our complete ecosystem—from our EV lineup and charging infrastructure to flexible mobility programs and after-sales support—we demonstrated our capability and strength in making electric mobility more practical and accessible for Filipino consumers.”

As the Philippine EV market continues to develop, VinFast remains committed to building a comprehensive ecosystem that supports consumers throughout every stage of the ownership journey while helping accelerate the country’s transition toward sustainable mobility. By bringing together a diverse electric vehicle lineup, charging infrastructure, mobility services, ownership incentives, and income-generating opportunities within a single connected ecosystem, VinFast is demonstrating how the future of transportation can be more accessible, practical, and sustainable for communities across the Philippines.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, e-bikes, and e-buses.

VinFast is currently embarking on its next growth phase through the rapid expansion of its global distribution and dealership network and increasing manufacturing capacity, with a focus on key markets across North America, Europe, the Middle East, and Asia.

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