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First Phosphate Reports Updated Mineral Resource Estimate for Bégin-Lamarche Phosphate Deposit

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Saguenay, Quebec – Newsfile Corp. – May 26, 2026 – First Phosphate Corp (CSE: PHOS) (OTCQX: FRSPF) (OTCQX ADR: FPHOY) (FSE: KD0) (“First Phosphate” or the “Company”) is pleased to announce the results of its updated Mineral Resource Estimate (“MRE”) for its Bégin-Lamarche project in Saguenay-Lac-Saint-Jean, Québec, Canada. The updated MRE includes results from the 2025-2026 drilling program described in the Company’s press release dated April 27, 2026.

  • The updated MRE includes a 378% increase in Indicated Mineral Resources over the Company’s Initial MRE dated September 9, 2024.
  • Measured pit-constrained Mineral Resource: 6.2 Mt @ 7.70% P2O5 (phosphate).
  • Indicated pit-constrained Mineral Resource: 198.5 Mt @ 6.00% P2O5.
  • Inferred pit-constrained Mineral Resource: 89.5 Mt @ 6.16% P2O5.
  • The Deposit remains open at depth.
  • Metallurgical test work indicates an anticipated apatite concentrate grade of 40.4% P2O5 at an 88% process recovery rate, with very low levels of potentially deleterious elements, and has been qualified for production of battery-grade phosphoric acid for lithium iron phosphate (“LFP”) battery with a conversion ratio of 91.1%.
  • The Deposit is located next to existing road and hydroelectric infrastructure and at only 70 km driving distance from the deep-sea Port of Saguenay.
  • The Deposit benefits from definitive, long-term, partially prepaid offtake from an existing, creditworthy partner.
  • Apatite (phosphorus, phosphate) is listed on the critical minerals lists of Québec, Canada, the United States and the European Union.

“We are pleased with the results of our 2025-2026 drilling exploration program and the quantity and quality upgrade provided to our Mineral Resources,” says First Phosphate CEO, John Passalacqua. “We are now able to continue to move the project forward with great confidence in our Mineral Resources.”

The updated MRE, with an effective date of May 1, 2026, was carried out by Mr. Antoine Yassa, P.Geo., of P&E Mining Consultants Inc., who is an Independent Qualified Person within the meaning of Canadian Securities Administrators’ National Instrument 43-101: Standards of Disclosure for Mineral Projects (“NI 43-101”).

The Bégin-Lamarche Phosphate Deposit contains a significant phosphate Mineral Resource that is associated with well-defined oxide-apatite peridotite (OAP) intrusions within the large Lac-Saint-Jean anorthosite suite (LSJAS). The LSJAS is the largest phosphate-mineralized anorthosite worldwide. The phosphate Deposit is comprised of four mineralized zones which are continuous, only separated by faults within the Deposit and extend over a length of 2,750 m (Figure 1). The Mountain Zone is a single phosphate-bearing mass having a diameter of up to 200 m and a length of 250 m. The Northern zone is comprised of four phosphate layers ranging from 30 m to 200 m in thickness and a length of 625 m. The Central Zone bears eight phosphate layers, one of them having up to 50 m in thickness and extending to 900 m. The Southern Zone bears three phosphate layers, one of them having up to 125 m in thickness and extending to 725 m.

Figure 1 – The Bégin-Lamarche Deposit Updated Optimized Pit Shell

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The Bégin-Lamarche Deposit mineralized wireframes boundaries were determined from lithology, structure, and grade boundary interpretation based on visual inspection of drill hole cross-sections. Four mineralized wireframe zones were developed and referred to as the Mountain, Northern, Central and Southern Zones. The mineralized wireframes were constructed on 50 m spaced vertical cross-sections, with on-screen digitized polylines on drill hole cross-sections in GEMS™. The mineralized wireframe outlines were influenced by the selection of mineralized material above 2.5% P2O5 that demonstrated a lithological and structural zonal continuity along strike and down dip. In some cases, mineralization <2.5% P2O5 was included for the purpose of maintaining mineralized zone continuity. The minimum constrained width for mineralized wireframe interpretation was 3 m of drill core length.

The Bégin-Lamarche Mineral Resource Estimate is based on 276 drill holes totalling 68,345 m. The database contained 20,682 analyses for percentage of P2O5. The Mineral Resource Estimate is presented in Table 1.

Table 1
Pit-Constrained Mineral Resource Estimate(1-4) at 2.5% P2O5 Cut-Off
Classification Zone Tonnes (M) P2O5 (%) P2O5 (Mt)
Measured Mountain 6.2 7.70 0.47
Total 6.2 7.7 0.47
Indicated Mountain 5.3 8.45 0.45
Northern 78.3 6.69 5.24
Central 71.0 5.50 3.91
Southern 43.9 5.26 2.31
Total 198.5 6.00 11.91
Measured & Indicated Mountain 11.5 8.04 0.92
Northern 78.3 6.69 5.24
Central 71.0 5.50 3.91
Southern 43.9 5.26 2.31
Total 204.7 6.05 12.38
Inferred Mountain 0.5 9.09 0.04
Northern 30.7 7.33 2.25
Central 31.8 5.67 1.80
Southern 26.5 5.32 1.41
Total 89.5 6.16 5.50

Note: P2O5 = phosphorus pentoxide.

1. Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability.

2. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.

3. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. The Company expects that the majority of the Inferred Mineral Resource may be upgraded to an Indicated Mineral Resource with continued exploration.

4. The Mineral Resources in this press release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.

The Bégin-Lamarche Mineral Resource Estimate was derived from applying a 2.5% P2O5 cut-off value to the pit-constrained block model and reporting the resulting tonnes and grades for potentially mineable areas. The following parameters were used to calculate the cut-off value that determines the open pit potentially economic portion of the constrained mineralization (Table 2).

The P2O5 cut-off value is calculated with parameters below:

  • US$:C$ Exchange Rate: $0.72
  • P2O5 Price (32%): US$225/t (approx five-year trailing average)
  • P2O5 Price (40%): US$280/t
  • P2O5 Process Recovery: 88%
  • Processing & Conc Transport Cost: C$20/t
  • G&A: $1.50/t
  • Mining Cost: C$2.75/t (mineralized material and waste)
  • Pit Slopes: 45°

Accordingly, the P2O5 cut-off of potential open pit mining is calculated to be = 2.5%.

The optimized pit-constrained Mineral Resource Estimate is moderately sensitive to the selection of reporting P2O5 cut-off values, as demonstrated in Table 2.

Table 2
Pit-Constrained Mineral Resource Estimate Sensitivity to P2O5 Cut-Off
Class Cut-off Tonnes P2O5 P2O5
P2O5 % (M) (%) (Mt)
Measured 5.0 4.9 8.67 0.4
4.5 5.2 8.43 0.4
4.0 5.5 8.22 0.5
3.5 5.8 8.02 0.5
3.0 6.0 7.84 0.5
2.5 6.2 7.70 0.5
2.0 6.3 7.57 0.5
Indicated 5.0 119.0 7.41 8.8
4.5 138.0 7.05 9.7
4.0 156.8 6.71 10.5
3.5 172.9 6.44 11.1
3.0 186.7 6.20 11.6
2.5 198.5 6.00 11.9
2.0 207.6 5.83 12.1
Inferred 5.0 55.5 7.49 4.2
4.5 65.0 7.09 4.6
4.0 73.6 6.75 5.0
3.5 80.9 6.49 5.2
3.0 86.0 6.29 5.4
2.5 89.5 6.16 5.5
2.0 92.0 6.05 5.6

Metallurgical Testwork has been successfully conducted by SGS at their Québec City facility with additional support by SGS Lakefield Ontario. Recent test results have confirmed that an apatite concentrate can be obtained analyzing 40.4% P2O5 and at 88% recovery.

First Phosphate’s Bégin-Lamarche Deposit is located approximately 50 km driving distance north of the City of Saguenay, Québec’s sixth-largest city, which hosts daily flights to Montréal, a skilled industrial workforce, strong local infrastructure, and which is 30 km driving distance from the deep-sea Port of Saguenay.

The geological and drilling work was planned, carried out and supervised by Laurentia Exploration Inc. The drill core was logged at Lamarche near the Deposit and at Laurentia Exploration’s offices. The drill core was sawed and sampled at Laurentia Exploration’s offices in Jonquière.

Qualified Persons

The scientific and technical disclosure for First Phosphate included in this News Release have been reviewed and approved by Steeve Lavoie, P.Geo. Mr. Lavoie is Chief Geologist of the Company and a Qualified Person under National Instrument 43-101 Standards of Disclosure of Mineral Projects (“NI 43-101”).

The Qualified Person independent of the issuer, responsible for estimating the Mineral Resources of the Begin-Lamarche Property, within the meaning of NI 43-101, is Mr. Antoine Yassa, P.Geo., of the firm P&E Mining Consultants Inc. Mr. Yassa has read and approved the scientific and technical information in this press release for accuracy and compliance with NI 43-101.

P&E Mining Consultants Inc., an associate group of 20 geological and mine engineering professionals established in 2004, provides geological and mine engineering consulting reports, Mineral Resource and Mineral Reserve Estimates, NI 43-101 Technical Reports, Preliminary Economic Assessments, Pre-Feasibility and Feasibility Studies.

Laurentia Exploration inc. is a firm of consulting geologists based in Jonquière, Saguenay Lac-St-Jean. It has 80 employees, mainly geology professionals who are members in good standing of a professional order. The firm was founded in 2017 and carries out projects throughout Québec and Ontario.

About First Phosphate Corp.

First Phosphate (CSE: PHOS) (OTCQX: FRSPF) (OTCQX ADR: FPHOY) (FSE: KD0) is a mineral exploration and development and clean technology company dedicated to building and reshoring a vertically integrated mine-to-market supply chain for the production of LFP batteries in North America. Target markets include energy storage, data centers, robotics, mobility, and national security.

First Phosphate’s flagship Bégin-Lamarche property, located in Saguenay-Lac-Saint-Jean, Québec, Canada, represents a rare North American igneous phosphate resource producing high-purity phosphate characterized by very low levels of impurities.

For additional information
Steeve Lavoie
Chief Geologist
Tel: +1 (418) 815-5416

Investor Relations: https://firstphosphate.com/investors
General Inquiries: https://firstphosphate.com/contact
Website: www.FirstPhosphate.com
X : https://x.com/FirstPhosphate
LinkedIn : https://www.linkedin.com/company/first-phosphate

Forward-Looking Information and Cautionary Statement

This news release contains certain statements and information that may be considered “forward-looking statements” and “forward looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, among other things: the Company’s planned exploration and production activities; the properties and composition of any extracted phosphate; and the calculation of mineral resources at the project and the possibility of eventual economic extraction of minerals from the project. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include development and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things: that engineering and construction timetables and capital costs for the Company’s, exploration, development and expansion projects are correctly estimated and not affected by unforeseen circumstances; the ability to obtain financing for its proposed operations on acceptable terms; no material deterioration in general business and economic conditions; no material delays in obtaining permits and other approvals; no significant disruptions affecting the activities of the Company or its ability to access required project equipment and services, and operating supplies in sufficient quantities and on a timely basis; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the ability to complete the exploration and development programs consistent with the Company’s expectations; commodity price expectations including assumptions for P2O5; the Company’s relationship with local municipalities and First Nations remaining consistent with the Company’s expectations; the Company’s relationship with other third-party partners and suppliers remaining consistent with the Company’s expectations; and government relations and actions being consistent with Company expectations. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. The Company does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. All forward-looking information contained in this release is qualified by these cautionary statements.

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR THE UNITED STATES

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

About First Phosphate Corp.

Hong Kong’s first astronaut participates in Shenzhou-23 manned spaceflight mission

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HONG KONG SAR – Media OutReach Newswire – 26 May 2026 – At 11.08pm on May 24, Dr Lai Ka-ying made history by becoming the first Hong Kong astronaut to blast off into space aboard the Shenzhou-23 manned spaceship. This momentous occasion also launched a new era for Hong Kong’s development of innovation and technology (I&T) as well as the city’s participation in national development under China’s 15th Five-Year Plan.

Congratulating Dr Lai on her achievement, John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), said that the HKSAR can “transform from a ‘supporter’ of the country’s great aerospace endeavours into an ‘executor’ “.

Dr Lai Ka-ying (left) made history by becoming the first Hong Kong astronaut to blast off into space aboard the Shenzhou-23 manned spaceship.
Dr Lai Ka-ying (left) made history by becoming the first Hong Kong astronaut to blast off into space aboard the Shenzhou-23 manned spaceship.

“This not only demonstrates the HKSAR’s capability in contributing to the country’s development into an aerospace power, but also showcases how Hong Kong could better integrate into and serve the overall national development,” Mr Lee said.

“This mission is of great significance, as it is not only the first manned spaceflight mission during the 15th Five-Year Plan period, but also the first time for a payload expert from the HKSAR to participate in it.”

The Shenzhou-23 crew will conduct on-orbit rotation with the Shenzhou-21 crew. The crew, including Dr Lai, will stay in the space station and conduct multiple experiments and applications in various fields such as scientific applications.

The Secretary for Innovation, Technology and Industry of the HKSAR Government, Professor Sun Dong, led a delegation to the Jiuquan Satellite Launch Center to witness this historic moment. Members of the delegation included other government representatives, I&T experts, youths and students.

“I truly believe this is a great demonstration of Hong Kong integrating into and serving the overall national development through concrete actions, while contributing our strength in I&T,” Professor Sun said.

” ‘Science and technology is primary productive force, talent is primary resource, and innovation is primary driver of growth.’ The HKSAR Government will continue to drive the development of I&T, accelerate the establishment of an international I&T centre, and make greater contributions to building our nation into a strong power in science, technology, and aerospace.”

Commissioner for Innovation and Technology of the HKSAR Government, Mr Ivan Lee, said that the Government had been providing funding support for universities and research institutions in conducting aerospace technology-related projects through the Innovation and Technology Fund.

“In 2024, we launched a special call for funding applications, inviting universities to submit project proposals related to aerospace technology. Following a selection process, we supported six projects. Among them was the Multi‑Spectral Imaging Carbon Observatory (MUSICO) developed by a team from the Hong Kong University of Science and Technology,” he said.

On the Tiangong Space Station, Dr Lai will conduct experiments including operating the MUSICO — the world’s first lightweight, high-resolution synergistic observatory for carbon dioxide and methane emission point sources.

The Long March 2F Y23 carrier rocket carrying the Shenzhou-23 manned spaceship launched successfully at 11.08pm on May 24 at the Jiuquan Satellite Launch Center. ‎
The Long March 2F Y23 carrier rocket carrying the Shenzhou-23 manned spaceship launched successfully at 11.08pm on May 24 at the Jiuquan Satellite Launch Center. ‎

Born and raised in Hong Kong, Dr Lai is a Superintendent of the Hong Kong Police Force. In the recruitment exercise of China’s fourth batch of preparatory astronauts launched in 2022, she was successfully selected as a payload expert and was deployed to the China Astronaut Research and Training Center for training.

Before embarking on the historic spaceflight, Dr Lai expressed hope that it would inspire more Hong Kong youths to devote themselves to the field of I&T, thereby contributing to the country’s scientific and technological self-reliance and strength.

Hashtag: #HongKong #BrandHongKong #I&T #aerospace #technology





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

Bybit Upgrades Futures Bots to Support TradFi Perps Futures As Stock Markets Hit All-Time Highs

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DUBAI, UAE, May 26, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to introduce a new line-up for its Futures Bots, now supporting perpetual contracts trading for trending TradFi assets. The initial launch covers key TradFi Perps pairs including TSLAUSDT, GOOGLUSDT, AMZNUSDT, SNDKUSDT, tokenized gold, and other commodities. This strategic expansion reflects growing market demand for seamless exposure to traditional finance assets through decentralized trading infrastructure.

The new feature integrates TradFi Perps directly into three core Bybit automated trading tools: Futures Grid, Futures Martingale, and Futures Combo, all accessible through Bybit’s Adventure Zone. This convergence of traditional asset classes with institutional-grade automation positions traders to capitalize on volatility across both digital and traditional markets without requiring manual trading execution.

As sophisticated traders increasingly seek exposure to both cryptocurrency and traditional markets through a single trading interface, the demand for robust automation tools has surged. The new feature offers Bybit traders automated access to tokenized versions of the world’s most influential stocks, commodities, and precious metals.

Initial Asset Coverage

The platform debuts with seven high-liquidity TradFi Perp pairs:

  • Equities: TSLAUSDT, GOOGLUSDT, AMZNUSDT, SNDKUSDT
  • Commodities & Precious Metals: XAUUSDT, XAGUSDT, CLUSDT

These assets are some of the most actively traded tokenized representations of global benchmark companies and commodities, reflecting genuine institutional trading demand.

This launch represents Bybit’s commitment to serving both retail and institutional traders seeking exposure across asset classes. Bybit plans to expand its TradFi Perps offering with additional equity indexes, commodity baskets, and currency pairs in the coming months, further bridging the gap between traditional and digital finance.

Bybit Upgrades Futures Bots to Support TradFi Perps Futures As Stock Markets Hit All-Time Highs
Bybit Upgrades Futures Bots to Support TradFi Perps Futures As Stock Markets Hit All-Time Highs

Trading carries risks. Terms and conditions apply. For details on availability and eligibility, users may visit: TradFi Perps now available on Futures Bots

#Bybit / #CryptoArk / #NewFinanicalPlatform

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Screen‑Savor: Why the Philippines is the Next Cinematic Canvas for Global Hits and Immersive Travel

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MANILA, Philippines, May 26, 2026 /PRNewswire/ — The Philippines is rapidly emerging as a premier cinematic destination for international film production and creative tourism, captivating both producers and travelers with its dramatic coastlines, heritage towns, and diverse natural backdrops—from windswept cliffs to turquoise seas. Backed by expanded government incentives and world-class locations, the country is positioning itself not just as a travel destination, but as a global creative hub where stories come to life on screen and beyond.

At the center of this transformation is a strategic collaboration between the Department of Tourism (DOT) and the Film Development Council of the Philippines (FDCP). Through the Film Philippines Incentives Program, which includes the Film Location Incentive Program (FLIP) and the International Co-Production Fund (ICOF), international productions can access cash rebates of up to 25% on qualified local expenditures, with additional incentives for culturally significant content.

Under FLIP, qualified projects receive a 20% base rebate, with an additional 5% cultural uplift, amounting to up to ₱30 million (approximately USD 540,000) per project. Complementary programs such as ICOF and the Film Location Engagement Desk (FLEX) further simplify permits, local coordination, and production workflows—enabling efficient, large-scale international shoots.

Working in tandem, the DOT supports these initiatives by facilitating location scouting, coordinating logistics, and amplifying featured destinations through global tourism campaigns. This integrated approach streamlines production while positioning the Philippines as one of Asia’s most visually compelling and production-ready landscapes, connecting international studios with skilled Filipino crews and creative talent.

Beyond incentives, the FDCP’s CreatePHFilms Program continues to strengthen the local creative ecosystem, supporting Filipino filmmakers across development, production, and post-production. With a surge in participation in recent years, the program reflects a thriving pipeline of talent contributing to a dynamic, globally relevant film industry.

Together, these efforts are cultivating a cross-cultural creative environment where local narratives and global storytelling converge—enhancing the Philippines’ appeal as both a filming destination and a travel experience.

A Destination Where Storytelling Meets Exploration

The Philippines offers a uniquely versatile visual palette for filmmakers and storytellers. Batanes’ windswept cliffs and rolling hills evoke scenes of sweeping solitude and high drama; Vigan’s cobblestone heritage streets provide a preserved Spanish‑era setting perfect for historical narratives; and Cebu’s turquoise archipelagos and luxury island resorts offer a tropical backdrop that rivals any global location. Urban centers like Manila’s Intramuros add colonial charm, while natural wonders like Mount Mayon’s iconic cone offer spectacular establishing shots for adventure and epic storytelling.

These landscapes give productions ready‑made settings that can represent anywhere in the world—without sacrificing authenticity. As a result, the Philippines is drawing the attention of producers, directors, and creatives seeking locations that are visually distinct yet adaptable for genres ranging from drama and romance to action and fantasy.

As the global film and travel landscape evolves, the Philippines stands out as a destination where cinema and tourism enrich each other, offering producers unparalleled incentives and storytellers a vast canvas of landscapes. For travelers, these cinematic settings translate into immersive journeys—from dramatic natural backdrops and heritage towns to vibrant urban scenes—each inviting exploration beyond the silver screen.

For more information on film incentives and filming locations in the Philippines, visit the Department of Tourism Philippines’ official website  tourism.gov.ph.

Facebook – DOT Philippines | Instagram | X | Tiktok | Youtube

With its scenic beauty, varied landscapes, and rich cultural stories, the Philippines is becoming a premier cinematic destination for international filmmakers to tell their stories. Courtesy of Department of Tourism - Philippines
With its scenic beauty, varied landscapes, and rich cultural stories, the Philippines is becoming a premier cinematic destination for international filmmakers to tell their stories. Courtesy of Department of Tourism – Philippines

The April 2026 Global Sources Hong Kong Show Concludes Successfully as “Complete Sourcing Destination for Asia” Strategy Delivers Results

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HONG KONG, May 26, 2026 /PRNewswire/ — The April 2026 Global Sources Hong Kong Shows concluded successfully at AsiaWorld-Expo, with three phases of exhibitions recording over 130,000 visitor entries from professional buyers representing more than 180 countries and regions. Key regions including North America, Europe, Latin America, Japan, South Korea and ASEAN all registered double-digit growth, whilst new buyers accounted for over 50% of total attendance. Leading global enterprises including HAMA, BELKIN, LI & FUNG, NELNA, ALURATEK and ASHTEL were among the VIP buyers present, significantly elevating the commercial calibre of the event. Positioned as the “Complete Sourcing Destination for Asia,” this edition was designed to serve as a one-stop, high-efficiency sourcing platform, enabling global buyers to complete cross-category procurement in the shortest possible time, fundamentally enhancing sourcing productivity.

The April 2026 Global Sources Hong Kong Shows concluded successfully at AsiaWorld-Expo, with three phases of exhibitions recording over 130,000 visitor entries from professional buyers representing more than 180 countries and regions.
The April 2026 Global Sources Hong Kong Shows concluded successfully at AsiaWorld-Expo, with three phases of exhibitions recording over 130,000 visitor entries from professional buyers representing more than 180 countries and regions.

The shows encompassed eight high-growth sourcing categories — Consumer Electronics, Gaming, Electronics Components, Mobile Electronics, Smart Home, Security & Home Appliances, Home & Kitchen, Lifestyle, and Sports & Outdoor — attracting approximately 4,500 quality Asian suppliers across more than 8,500 booths, showcasing over 340,000 trending new products. The upgraded Business Matching service facilitated over 5,000 buyer-supplier matching sessions across the three phases, successfully connecting global buyers with clear sourcing intent and quality suppliers to forge meaningful partnerships, representing a significant scale-up from the previous edition. Notably, this edition saw the emergence of e-commerce and cross-border online sellers as a new buyer segment. These buyers possess genuine procurement intent with the capacity to place orders across multiple SKUs, establishing themselves as a dynamic new force within the shows’ buyer ecosystem.

Exhibition Spotlights AI Commercialisation and Full Pickleball Supply Chain Targeting Global Sourcing Market

Across three phases, the Global Sources Shows focused on gaming ecosystems, AI-powered hardware and sports & outdoor — three high-growth sectors. The debut of the “Physical.ai Lab” was a key highlight, featuring humanoid robots, embodied intelligent robots, robotic lawn mowers and educational robots that have entered the commercialisation stage, marking the full extension of AI decision-making capabilities from virtual spaces into physical operational scenarios. The accompanying “AI Pavilion” concentrated on production-ready solutions across seven key segments: AI terminal devices, AI wearables, AI glasses, AI toys, AI pet products, AI personal healthcare and AI convergence products — all representing mature solutions with proven mass-production capabilities. Mobile accessories exhibitor numbers surged 50% compared with the same period in 2025, reflecting sustained global demand for consumer electronics peripherals. The Gaming Zone adopted a cross-brand synergy strategy to construct a complete esports desktop ecosystem, integrating monitors, mechanical keyboards, gaming headsets, ergonomic chairs and PC cases to enable buyers to source a full suite of peripherals in one stop.

In the Sports & Outdoor Show, the pickleball supply chain emerged as this edition’s standout highlight. For the first time, the show presented a comprehensive pickleball industry ecosystem — from carbon fibre paddles, competition-grade balls and professional footwear to racket grips and paddle bags — covering everything from upstream materials to finished accessories, demonstrating China’s supply chain depth as the world’s largest pickleball paddle manufacturing base. To reinforce product credibility, the show concurrently hosted a Pickleball Training Camp and once again partnered with Po Leung Kuk to host the “Pickleball Expo Cup 2026,” validating products’ professional performance and market appeal in an authentic competitive setting.

Global Sources and Monster Sign Strategic MoU Targeting New Opportunities in Global Consumer Electronics Sourcing

During the show, Global Sources and international audio and consumer electronics brand Monster formally signed a Memorandum of Understanding (MoU) to leverage their respective core strengths in a comprehensive collaboration. Global Sources, as a Hong Kong-based international B2B sourcing platform, connects over 14 million registered buyers worldwide with verified top-tier Asian manufacturers; Monster, with nearly half a century of brand heritage and an extensive global distribution network, commands significant influence in the consumer electronics sector. This strategic alliance will complement both parties’ advantages in supply chain connectivity and brand distribution channels, jointly unlocking new market potential and forging new pathways for growth.

Debut of “Sourcing Connection Desk” for On-Site Matching; Multi-Dimensional Upgrades to Buyer Experience

This edition introduced a suite of buyer service enhancements, with the inaugural Sourcing Connection Desk drawing the most attention. Designed for buyers who were unable to book appointments in advance, the desk provided real-time exhibitor search and on-site matching support, working in concert with the fully upgraded Business Matching service to substantially shorten the path between supply and demand. On the digital front, the Hong Kong Show website launched a new Meet the Exhibitors page, allowing buyers to search by show, product, country or region, with features to contact exhibitors and add events to their calendars for more effective sourcing trip planning. The Global Sources Buyer App also underwent comprehensive optimisation, delivering a simpler, more personalised user experience that puts information at buyers’ fingertips, further closing the loop between online and offline sourcing.

Quality Exhibitors Affirm Show Effectiveness; Strong On-Site Commercial Outcomes Achieved

The Global Sources Hong Kong Show attracted numerous quality enterprises from across Asia, with multiple exhibitors reporting significant on-site commercial outcomes spanning confirmed orders, brand agency negotiations and factory visit bookings.

Huang Cuixia of Dongguan Xieheng Electronic Technology Co., Ltd. revealed that the company confirmed over RMB 400,000 in orders on-site, with payment expected to be completed shortly after the show. She noted: “Through Global Sources’ AI optimisation and digital tools such as the Business Tong APP, we have significantly reduced product upload and quotation time, achieving precise buyer matching and rapid access to market demand.” Dongguan Qinghai Electronic Technology Co., Ltd., a specialist in premium computer peripheral cables, stated that approximately 78% of its business originates from the Global Sources Hong Kong Show, having successfully built relationships with leading cross-border e-commerce clients and achieving record-breaking annual transaction volumes year after year.

The show’s role as an international trade bridge was equally validated. Shenzhen Shenzhou Zhiyuan Technology Co., Ltd., a three-time exhibitor, reported that leveraging Hong Kong’s international accessibility had boosted sales performance by 5% to 10%, with its client base now spanning South America, Russia, Europe and North America. Zhong Lihua, Sales Manager of Shenzhen HangMo Technology Co., Ltd., shared: “This edition not only attracted leading Indian market sellers who booked post-show factory visits, but also facilitated brand agency and sample order discussions with UAE buyers, fully demonstrating our brand’s appeal and growth potential.” The company’s AI-powered automatic screen protector application machine successfully opened deep cooperation channels in Europe and North America through the show platform, with transactions exceeding RMB 1 million with a Spanish chain brand client and cumulative exports of more than 20 units.

First-time exhibitor Shenzhen pickleball brand ZOUL also gave high praise to the show’s full-chain service offering: “The VIP meeting area, online app pre-matching and on-site trial experience work as a trinity, helping us efficiently connect with targeted buyers. Appointments came in wave after wave, enabling our new pickleball products to rapidly reach the global market.”

Buyer Feedback Validates International Appeal; Multinational Sourcing Professionals Praise Selection Efficiency and On-Site Experience

This edition garnered strong endorsements from international buyers. Italian buyer Alessandro Polli highlighted the platform’s advantages in supplier screening and pre-show preparation: “I had already received a lot of information through their services before arriving, so I came with multiple meetings already arranged.”

Indian buyer Neha Gupta emphasised the irreplaceable value of physical exhibitions in procurement decision-making: “I can touch and feel the products I am about to purchase. When customisation is involved, face-to-face communication is also far more efficient. This is the best place to meet suppliers.”

The show’s product breadth also left a strong impression. Tanzanian buyer Sadick Fundi noted: “This show is excellent — there is an enormous variety of products, and whatever you are looking for, you can find it here.” Australian buyer Gary Weisser added: “I have been to shows in Vietnam and mainland China, but the product variety here is the richest — it stands out among all the exhibitions.”

Additionally, buyers regard the show as a frontline window into industry trends. Italian buyer Alexander Karelin observed: “This is also an excellent opportunity to understand where the industry is heading and to gather inspiration. You can see quite a few novel solutions — some can be adopted directly, whilst others provide important reference for projects we are currently developing.”

Outlook: Thematic Sourcing Ecosystem to Undergo Comprehensive Upgrade; October Hong Kong Show to Launch with a New Identity

The April 2026 Global Sources Hong Kong Show fully capitalised on Hong Kong’s strengths as an efficient international trade hub, establishing strong scheduling synergy with the Spring Canton Fair whilst achieving complementary product positioning and offering buyers a more complete sourcing pathway.

Looking ahead to the second half of 2026, Global Sources will continue to deepen its “Complete Sourcing Destination for Asia” positioning, further integrating online and offline resources. The October show will relaunch with a sharper thematic architecture, enabling buyers to navigate their relevant sourcing tracks more intuitively and enhancing overall show-floor efficiency. The event will also strengthen alignment between brand identity and product presentation, ensuring exhibitors can communicate their product advantages with greater precision and that buyers receive a clear, memorable brand experience at every booth. Furthermore, the show will intensify market-oriented curation of spotlight products, employing selection strategies more closely aligned with global sourcing trends to help buyers capture the most promising new product opportunities in the shortest time.

The October 2026 Global Sources Hong Kong Show dates and themes are as follows:

Phase 1: 11–14 October — Consumer Electronics, Gaming
Phase 2: 18–21 October — Mobile Electronics, Smart Home, Security & Home Appliances, Lifestyle, Sports & Outdoor

About Global Sources

Based in Hong Kong, Global Sources is a globally recognised B2B sourcing platform. With 55 years of dedicated service in facilitating international trade, it has earned the trust and recognition of the global business community through its proven track record of connecting quality buyers worldwide with verified top-tier Asian manufacturers. As a sourcing hub for market-ready innovative consumer products, Global Sources provides efficient and convenient trade services to over 14 million registered buyers and users worldwide.

High Templar Tech Commences a Tender Offer to Repurchase up to 39 Million of its ADSs

By
Advertorial Desk
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XIAMEN, China, May 26, 2026 /PRNewswire/ — High Templar Tech Limited (the “Company,” “High Templar” or “we”) (NYSE: HTT), announced today that it has commenced a “modified Dutch auction” tender offer (the “Tender Offer”) to purchase up to 39 million American Depositary Shares (the “ADSs”) of the Company, each representing one Class A ordinary share, par value US$0.0001 per share, at a price not less than US$2.80 per ADS or more than US$3.20 per ADS (the “Purchase Price”), less any applicable withholding taxes and without interest. The Tender Offer will expire at 5:00 P.M., New York City time, on June 24, 2026, unless extended or earlier terminated (such date, as it may be extended, the “Expiration Date”).

A “modified Dutch auction” tender offer allows securityholders to indicate how many ADSs and at what price within the range described above they wish to tender their shares. Based on the number of ADSs tendered and the prices specified by the tendering securityholders, the Company will determine the lowest price per ADS (in increments of US$0.05) within the range that will enable it to purchase 39 million ADSs, or such lesser number of ADSs that are properly tendered and not properly withdrawn prior to the expiration date of the Tender Offer. In the event that more than 39 million ADSs are properly tendered in the Tender Offer, the Company may exercise its right to increase the number of ADSs sought in the Tender Offer by an amount not exceeding 2% of its outstanding ADSs without extending the Expiration Date. The Company also expressly reserves the right, in its sole discretion, to amend the Tender Offer to purchase additional ADSs, subject to applicable law. All ADSs purchased in the Tender Offer will be purchased at the same price, even if the securityholders tendered at a lower price. ADSs tendered at a price above the price at which the Company is able to purchase 39 million ADSs will not be purchased in the Tender Offer. 

The Tender Offer will not be conditioned upon the receipt of financing or any minimum number of ADSs being tendered. The Tender Offer will, however, be subject to certain conditions as specified in the offer to purchase, dated May 26, 2026 (the “Offer to Purchase”). While the Company’s Board of Directors has authorized the Company to make the Tender Offer, neither the Company, its Board of Directors, the dealer manager, the information agent or the depositary makes any recommendation to any shareholder as to whether to tender or refrain from tendering any ADSs or as to the price or prices at which securityholders may choose to tender their shares. The Company has not authorized any person to make any such recommendation. Shareholders must decide whether to tender their ADSs and, if so, how many ADSs to tender and at what price or prices to tender. In doing so, securityholders should carefully evaluate all of the information in the Tender Offer documents, when available, before making any decision with respect to the Tender Offer, and should consult their own broker or other financial and tax advisors.

The Tender Offer will be made under the Company’s US$300 million share repurchase program announced in March 2024. Future repurchases under the program may be executed after the expiration of the Tender Offer through open market purchases or other means from time to time, subject to applicable laws and regulations and subject to market conditions and other factors.

Deutsche Bank Securities Inc. will serve as the dealer manager for the Tender Offer. Questions concerning the Tender Offer may be directed to Deutsche Bank Securities Inc. at (212) 250-5600. D.F. King & Co., Inc. will serve as information agent for the Tender Offer and Equiniti Trust Company, LLC will serve as depositary for the Tender Offer. For more information about the Tender Offer, please contact D.F. King & Co., Inc. at (888) 644-5854, toll at (646) 989-1649 or email at htt@dfking.com.

The Offer to Purchase, the Letter of Transmittal and related documents will be mailed to registered holders. Beneficial holders will receive the Offer to Purchase and communication from their bank, broker or custodian. For questions and information, please call the information agent toll-free at (888) 644-5854, toll at (646) 989-1649 or email at htt@dfking.com.

The ADSs are traded on the New York Stock Exchange under the symbol “HTT.”

Certain Information Regarding the Tender Offer

The information in this press release describing the Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell ADSs in the Tender Offer. The Tender Offer is being made only pursuant to the Offer to Purchase and the related materials that the Company is filing with the U.S. Securities and Exchange Commission (the “SEC”), and will distribute to its securityholders, as they may be amended or supplemented. Securityholders should read such Offer to Purchase and related materials carefully and in their entirety because they contain important information, including the various terms and conditions of the Tender Offer. Securityholders of the Company may obtain a free copy of the Tender Offer Statement on Schedule TO, the Offer to Purchase and other documents that the Company is filing with the SEC from the SEC’s website at www.sec.gov. Securityholders also will be able to obtain a copy of these documents, without charge, from D.F. King & Co., Inc., the information agent for the Tender Offer, toll free at (888) 644-5854, toll at (646) 989-1649 or email at htt@dfking.com. Securityholders are urged to carefully read all of these materials prior to making any decision with respect to the Tender Offer. Securityholders and investors who have questions or need assistance may call D.F. King & Co., Inc..

About High Templar Tech Limited

High Templar is exploring innovative business opportunities globally to satisfy clients’ demand by leveraging its technology know-how and financial service capabilities.

For more information, please visit https://ir.hightemplar.com/.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the expectation of its collection efficiency and delinquency, contain forward-looking statements. High Templar may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to securityholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about High Templar’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: High Templar’s goal and strategies; High Templar’s expansion plans; High Templar’s future business development, financial condition and results of operations; High Templar’s expectations regarding demand for, and market acceptance of, its products; High Templar’s expectations regarding keeping and strengthening its relationships with customers, business partners and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in High Templar’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and High Templar does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
High Templar Tech Limited
Tel: +86-592-317-2318
E-mail: ir@hightemplar.com 

The Path to Clean Energy

By
Advertorial Desk
-

BEIJING, May 26, 2026 /PRNewswire/ — Electricity powers modern society—from a single light to an entire city. It is not just a daily necessity but an engine of development. As the global energy landscape undergoes rapid transformation, photovoltaic (PV) power—a clean, efficient and widely accessible renewable energy source—has become a key solution for countries seeking to overcome resource constraints and achieve a low-carbon transition. For nations blessed with abundant sunlight yet eager to reduce dependence on fossil fuels, the PV industry has emerged as a vital driver of sustainable economic and social growth.


The Path to Clean Energy

Saudi Arabia has long relied on oil as the backbone of its economy. Its Vision 2030 aims to end that dependence and diversify beyond petroleum. With year-round sunshine and the world’s seventh-largest solar potential, the Kingdom is naturally suited for solar development. Meanwhile, the population of Riyadh is projected to grow from 8 million to 10 million, driving surging electricity demand that makes PV power increasingly vital.

It is here that POWERCHINA undertook the Sa’ad2 Solar PV Plant. Spanning 23 square kilometers, the project generates 2.5 billion kWh of electricity annually—enough to power 200,000 homes in Riyadh. Reflecting on the journey, the operations manager of the owner’s side shared: “Honestly, when I first came, there was nothing here but barren land. I was amazed that POWERCHINA could pull this off in just 18 months. It was a real challenge.”

In Serbia, the energy transition is equally urgent. The country has long been heavily reliant on coal for electricity, making the shift toward green energy an unavoidable task. POWERCHINA, after years of establishing a strong local presence, built what was then Serbia’s largest solar plant.

From desert to mountainside, from technology transfer to talent development, the team worked closely with the client to develop an optimized PV project solution, leveraging all-Chinese technology, high-capacity panels, and advanced inverters to deliver the most efficient performance possible. What’s really driving this energy shift? And what stories unfolded along the way? Click the video to learn more.

YouTube Link: https://www.youtube.com/watch?v=lZLiWu9-0E4

Lao Official Apologizes After Remarks on Thai Rescue Team Spark Backlash

By
Phoudasack Vongsay
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Pictures of Deputy Village chief apology and rescue operation that is still on going in 26 May 2026.

A deputy village chief in Xaysomboun, Somchay Vilayvong, has issued a public apology after making remarks perceived as insulting toward a Thai rescue team assisting in the effort to save seven villagers trapped in a flooded cave in Long Chaeng district.

Somchay faced criticism after posting that the Thai rescuers “showed up on their own wanting recognition.” In Lao, he used the word “it” to refer to the volunteers, a term normally reserved for objects or animals.

The literal translation of his comment reads: “It shows its face on its own, wanting face (recognition),” which many interpreted as disparaging the Thai rescuers. The post spread rapidly on social media, drawing backlash from both Lao and Thai users.

The incident unfolded amid ongoing rescue efforts for villagers trapped since 20 May, after heavy rain flooded the cave entrance. A local influencer first shared footage of the operation on 22 May after receiving it via Facebook Messenger, reporting that the villagers had been underground for three days.

Controversy

Somchay’s controversial comment appeared on 23 May under a post by a Thai page reposting the Lao volunteer association’s request for help.

On 26 May, Somchay released a video apology on his personal Facebook account, saying: “I apologize to society and all rescue volunteers. My comments stemmed from a lack of understanding and caused damage. I sincerely support all agencies involved in helping Lao people escape safely and will avoid similar remarks in the future.”

Operations Continue

Rescue operations continued on 26 May. Two expert cave divers, Finnish Mikko Pietari Paasi and Thai Noraset Palasingh, entered submerged sections on 25 May but stopped due to low oxygen and narrow tunnels. Lao rescuers temporarily stepped back to allow the specialists to work while continuing to search for air vents and pump water.

The operation involves Lao volunteer associations, Thai and Lao divers, medical teams, and local guides. Provincial authorities coordinate logistics, medical support, and security, overseeing efforts alongside the Lao People’s Volunteer Association and Lao Heart Foundation.

Bouaphan Inthapanya, chairman of the Xaysomboun Provincial Administrative Committee, said teams face steep paths, narrow passages, sharp rocks, and persistent rain. Rescue teams hope diving operations will reach deeper sections where the villagers are believed to be located.

As of 26 May, no contact has been made, and the mission continues.

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