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HKSH Cancer Centre Demonstrates Full Strength in Cancer Diagnosis and Treatment at World Cancer Congress 2026


HONG KONG SAR – Media OutReach Newswire – 16 October 2026 – HKSH Cancer Centre, a member of HKSH Medical Group (HKSH), was invited to take part in the World Cancer Congress 2026 held from 24 to 26 September, one of the world’s most influential conferences on cancer control. The Union for International Cancer Control (UICC) and the Hong Kong Anti-Cancer Society (HKACS) co-hosted the Congress, which was held for the first time in Hong Kong, bringing together delegates from over 120 regions and countries for global exchange. HKSH took part under the theme “Beat Cancer, Fight Smarter” and presented its clinical experience, research, and technology innovations in the fight against cancer. Building on this momentum, and in support of the national Healthy China strategy, HKSH will co-host the 6th China Particle Radiotherapy Conference with the Shanghai Proton and Heavy Ion Center from 16 to 18 October 2026. International experts will speak at the Conference and share their experience with peers from the Mainland. These events reflect HKSH’s commitment to advancing clinical and research together and to leading the development of precision medicine.

Representatives and guests from the Hong Kong Anti-Cancer Society, host of the 2026 World Cancer Congress, visited the HKSH showcase exhibition. Professor Sophia CHAN Siu-chee, GBS, JP, former Secretary for Food and Health (front row, 7th from left); Mrs. CHU YEUNG Pak Yu, Patricia, BBS, Chairman of the Hong Kong Anti-Cancer Society (front row, 5th from left); Dr. Walton LI, Chief Executive Officer of HKSH Medical Group and Medical Superintendent of Hong Kong Sanatorium & Hospital (front row, 6th from left); and Mr. Wyman LI, Chief Operating Officer of HKSH Medical Group and Director of Hong Kong Sanatorium & Hospital (back row, 5th from left), pictured alongside HKSH representatives.
Representatives and guests from the Hong Kong Anti-Cancer Society, host of the 2026 World Cancer Congress, visited the HKSH showcase exhibition. Professor Sophia CHAN Siu-chee, GBS, JP, former Secretary for Food and Health (front row, 7th from left); Mrs. CHU YEUNG Pak Yu, Patricia, BBS, Chairman of the Hong Kong Anti-Cancer Society (front row, 5th from left); Dr. Walton LI, Chief Executive Officer of HKSH Medical Group and Medical Superintendent of Hong Kong Sanatorium & Hospital (front row, 6th from left); and Mr. Wyman LI, Chief Operating Officer of HKSH Medical Group and Director of Hong Kong Sanatorium & Hospital (back row, 5th from left), pictured alongside HKSH representatives.

Mr. Wyman LI, Governor of The Li Shu Fan Medical Foundation, Chief Operating Officer of HKSH Medical Group and Director of Hong Kong Sanatorium & Hospital, said, “HKSH Cancer Centre has always been at the forefront of advanced cancer management. We pioneer precision medicine, by bringing in state-of-the-art medical technologies and equipment, combined with cutting-edge scientific research, global academic exchange and the cultivation of medical professionals, to shape the future of cancer care. We believe that clinical practice inspires research while research advances healthcare, driving us to enhance diagnosis and treatment services for cancer patients. HKSH has notched up numerous achievements that lead the way in Hong Kong and Asia, casting an impact in cancer management.”

Dr. Walton LI, Chairman of The Li Shu Fan Medical Foundation, Chief Executive Officer of HKSH Medical Group and Medical Superintendent of Hong Kong Sanatorium & Hospital, remarked, “HKSH is honoured to participate in the World Cancer Congress 2026 held in Hong Kong for the first time. This is not only an affirmation of the academic standing of Hong Kong’s medical community, but also a valuable opportunity for Hong Kong to connect with international leading experts and facilitate cross-regional anti-cancer collaboration, translating advanced technologies into tangible clinical outcomes. HKSH Cancer Centre is equipped with state-of-the-art and comprehensive facilities for diagnosing and treating cancer as well as multi-disciplinary teams that provide one-stop, personalised cancer management services. HKSH Cancer Centre is committed to becoming one of the world’s leading cancer management hubs.”

HKSH Cancer Centre in Pursuit of Ultra Precision and Clinical Excellence
To address the complex challenges of disease management, HKSH Cancer Centre drives ultra-precision, monitoring the genetic profile and the diseases using state-of-the-art technologies. We offer one-stop care from early screening and accurate diagnosis to a wide range of advanced treatments and full patient support. The key to effective disease management lies in the seamless integration and precise coordination between various specialties. Imaging diagnosis, molecular pathology, nuclear medicine, surgery, radiotherapy, immunotherapy and new drugs are combined according to each patient’s condition to deliver precise treatment and attentive care.

  • Accurate Diagnosis for Timely Action: HKSH Cancer Centre offers comprehensive cancer genomic testing, backed by leading molecular pathology testing, to fully understand the genetic characteristics of tumours. HKSH also introduced Hong Kong’s first total-body PET/CT system and Asia’s first Photon-Counting CT Simulator system (PCCT-Sim). These systems show the full extent of tumours, which supports early diagnosis and precise genetic analysis, so that patients can be matched with the most suitable treatment plans.
  • Advanced Therapies that Keep Improving:HKSH is in the constant pursuit of treatment excellence. Since introducing the first proton therapy system in the Greater Bay Area in 2023, HKSH has accumulated extensive experience by performing over 1,000 proton therapy cases. To continuously improve the precision of proton therapy, the team actively explores more cost-effective “hypofractionation” treatment approach. Recently, the team has further integrated PCCT-Sim for pre-treatment planning, enabling higher doses of radiation to more precisely target tumours. This enhances treatment efficacy while significantly reducing the number of treatment sessions, minimising side effects and benefitting more patients.
  • Medical Research and Training:HKSH Clinical Trials Centre was established in 2017, while HKSH Comprehensive Oncology Centre was accredited by the National Medical Products Administration in 2019, making HKSH the only private medical institution in Hong Kong to receive this qualification.Through the establishment of HKSH Institute for Innovation & Professional Development, HKSH is committed to advancing medical education, while also shouldering the important task of national proton therapy talent training. It collaborated with the National Cancer Center last year to launch a joint training and ten-month specialised programme, helping to elevate the overall standard of proton therapy in the region and bringing patients more precise and cost-effective disease management services.

Active Participation in World Cancer Congress to Demonstrate World-Class Strength in Precision Medicine
At the World Cancer Congress, HKSH Cancer Centre presented a cross-disciplinary session under the theme of “Beat Cancer, Fight Smarter”, leveraging its strong clinical and research support. The session was titled “Advances in Diagnostics: Guiding Modern Cancer Therapeutics”, covering the evolution of real-time response-adaptive radiotherapy (cancer treatment), new integrated model of cancer diagnosis and treatment (nuclear medicine), and comprehensive cancer genomic testing-guided precision treatment (molecular pathology). The guest speakers from HKSH shared clinical experience and research findings with leading oncology experts and scholars from around the world.

HKSH was invited to participate in the World Cancer Congress 2026. Under the theme
HKSH was invited to participate in the World Cancer Congress 2026. Under the theme “Beat Cancer. Fight Smarter”, HKSH showcased the clinical experience, research milestones, and innovative technologies through academic presentations, industry exchanges, and a guided-tour, demonstrating HKSH’s commitment to the fight against cancer.

In the session “Clinical Applications of Photon-Counting CT and MR-Guided Radiotherapy in Oncology”, Dr. Amy CHANG, Co-Director of HKSH Proton Therapy Centre and Specialist in Clinical Oncology, HKSH Medical Group, said “PCCT-Sim provides higher resolution, which helps reduce uncertainty in proton therapy and protect vital tissues. Real-time magnetic-resonance (MR) guidance can narrow the radiotherapy target to the exact tumour area. This lets us safely give higher doses to the tumour and makes a hypofractionated approach possible.” HKSH Cancer Centre has used this approach for suitable patients with breast cancer and prostate cancer.

Dr. Garrett HO, Head of Department of Nuclear Medicine and Positron Emission Tomography and Specialist in Nuclear Medicine, HKSH Medical Group, gave a talk titled “The Theranostic Landscape of PET/CT Advances: From Benchtop Science to Practical Clinical Utility”. He reviewed the history of PET imaging and its major advances in cancer care, where HKSH opened Asia’s first PET Centre in 1999, now producing more than 30 PET tracers and radiopharmaceuticals and becoming one of the few centres in the region with full nuclear medicine service. Dr. HO said, “The Total-body PET/CT recently introduced in Hong Kong shortens whole-body scan time from 20 minutes to about 5 minutes and lowers the radiation dose for patients. Together with tracer technology, it helps us detect cancer cells more clearly and more efficiently, from early to advanced stages.”

In 2011, HKSH became the first private healthcare institution in Hong Kong to introduce next-generation sequencing (NGS). Currently, HKSH is the only private medical institution in Hong Kong that offers in-house comprehensive cancer genomic testing. Dr. Edmond MA, Director of Clinical Pathology & Molecular Pathology Division and Specialist in Haematology, HKSH Medical Group, spoke on “Molecular Diagnostic Pathology at the Frontier of Precision Oncology”, said “Compared with sending samples out, in-house comprehensive genomic profiling services enable the entire process, from tissue sampling and laboratory testing to final analysis, to be conducted in-house which allows us to provide timely, in-depth genetic analysis sooner for patients with advanced stages or complex conditions. It also helps us track how well treatment is working and spot drug resistance.”

Dr. Raymond LIANG, Director of HKSH Comprehensive Oncology Centre and Specialist in Haematology & Haematological Oncology, HKSH Medical Group, who chaired the session, said in his closing remarks, “In the era of precision medicine, clinicians, researchers, and technology experts work together to make the best use of research-driven technologies. At HKSH Cancer Centre, our ultimate goal is to benefit patients, by offering personalised care that brings both effective treatment outcomes and a good quality of life even in complex and advanced disease.”.

Please click here to watch the video of HKSH Cancer Centre.

Hashtag: #HKSH

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

CPF Expands “Eggs for Next Gen” to 1,030 Schools, Advancing Food Security Through Better Access to Nutrition


BANGKOK, THAILAND – Media OutReach Newswire – 16 October 2026 – Access to nutritious food remains a critical part of food security. In Thailand, around one in 10 children under five lives in severe child food poverty, while national data show that 13% of children under five are stunted and 7% are underweight, underscoring that food security is not only about having enough food, but also about ensuring consistent access to safe and nutritious diets.

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Against this backdrop, Charoen Pokphand Foods Public Company Limited (CPF), in partnership with the Charoen Pokphand for Rural Lives’ Development Foundation, is expanding the “Eggs for Next Gen” program, a long-running school nutrition initiative, to 1,030 schools across Thailand, with 12 new schools joining this year. The expansion builds on nearly four decades of efforts to help children gain regular access to fresh eggs as a source of quality protein, while enabling schools to establish sustainable food production.

Launched in 1989, the program goes beyond providing food for school lunches. Participating schools receive support including poultry houses, equipment, laying hens and feed, together with technical knowledge in animal health, farm management, sanitation, production planning and egg management. Students and teachers gain practical agricultural skills, while schools can use eggs for meals and manage surplus production to generate revolving income that helps sustain future production cycles.

The initiative had reached 1,030 schools across 74 provinces, benefiting more than 229,502 students, 17,447 academic staff and2,690 communities. More than523 persons with disabilitieshave also participated in the programme, which targets approximately28 million eggs per production cycle.

Eggs for Next Gen reflects CPF’s broader view that food security depends not only on producing enough food, but on making nutritious food consistently available, accessible and sustainable over time. By helping schools produce fresh eggs locally, the programme brings quality protein closer to children, supports healthier diets, and builds practical knowledge and capabilities that allow schools to maintain food production beyond a single cycle. In this way, the initiative moves beyond short-term food support toward stronger food self-reliance at the school and community level.

As a global integrated agro-industrial and food company with operations and investments across 17 countries and products distributed in more than 50 countries, CPF advances its “Kitchen of the World” vision by placing food security at the heart of its sustainability strategy. Its global presence helps expand access to food for consumers worldwide, while its approach goes beyond producing sufficient food to strengthen quality and food safety, nutrition, responsible production and sustainable supply chains. Together, these efforts support a more resilient and sustainable food system capable of serving people over the long term.

Kobboon Srichai, Head of Corporate Affairs and Investor Relations at CPF, said:

“For CPF, food security means ensuring that people can access food that is safe, traceable and affordable today and in the future. To achieve this, we need to strengthen the entire food system, from production to access. By combining technology and automation, strong partnerships, and advances in biotechnology and nutrition, we can improve both the quality and resilience of the food system. Eggs for Next Gen demonstrates how these capabilities can be translated into practical impact, improving children’s access to quality nutrition while helping schools and communities build greater food self-reliance over the long term.”

With the program now expanding to 1,030 schools, CPF continues to translate its food expertise into practical action. Supporting healthier children, stronger communities and a more resilient and sustainable food system.

Hashtag: #CPF #Zerohunger #WorldFoodDay2026 #FoodSecurity #FoodAccessForAll #SustainableFoodSystems #CPFSustainability

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

Laos, Vietnam, Cambodia Plan Stronger Border Security in 2027

A picture of defense ministers from Laos, Vietnam, and Cambodia signing a new military cooperation roadmap for 2027. (Photo by Lao people's Army News)

Defense ministers from Laos, Vietnam, and Cambodia have agreed to strengthen border security, speed up work on outstanding border markers, and improve intelligence sharing under a new military cooperation roadmap for 2027.

On 14 October, Lao Defense Minister Khamliang Outhakaysone met his Vietnamese and Cambodian counterparts, Phan Van Giang and Tea Seiha, in Hanoi to discuss the three countries’ defense priorities for next year.

The plans focus on closer coordination along their shared borders, where authorities face challenges including drug smuggling, human trafficking, and illegal border crossings.

Frontline units will increase joint patrols, accelerate the installation of remaining border markers, and share intelligence to help identify and respond to security threats more quickly.

Joint Exercises and Border Coordination

The meeting followed joint disaster response exercises held in Vietnam from 12 to 14 October. The three armed forces practised responding to floods, building collapses, and chemical spills, as well as coordinating field hospitals and emergency medical care.

The three defense ministries also plan to continue regular ministers’ meetings, rotate hosting duties for joint rescue exercises, and expand exchanges between young officers.

The roadmap builds on existing military ties among the three neighbors. In 2027, Laos and Vietnam will mark 65 years of diplomatic relations, while Vietnam and Cambodia will mark their 60th anniversary.

Lao PM Orders Urgent Action on Water Shortages, Overdue Project Debts

Thatkhao Water Treatment Plant in Sisattanak district, Vientiane Capital. 2 April 2026.

Prime Minister Saleumxay Kommasith has ordered the Ministry of Public Works and Transport to urgently address urban water shortages and clear overdue investment project debts.

The newly elected prime minister issued the directives during a working visit to the ministry on 13 October, where he met Public Works and Transport Minister Leklay Sivilay.

Saleumxay said water shortages and unpaid project debts directly affect people’s livelihoods and investment.

Water shortages are particularly severe in Vientiane, where supply is tightest from March to May, when temperatures peak and the Mekong River, the capital’s main source of raw water, runs lowest.

State media reported that 103 of Vientiane’s 481 villages still lack access to tap water. The 378 villages with water service leave the remaining communities, mainly in Pakngum, Sangthong, and parts of Xaythany districts, without access to piped water.

The Vientiane Capital Water Supply State Enterprise supplies an average of 400,000 cubic metres of water daily, up 50,000 cubic metres from before 2024. However, demand stands at about 504,000 cubic metres per day.

The enterprise is expanding treatment capacity to address the gap.

In April, it began operating the Thatkhao Water Treatment Plant in Sisattanak district, adding 20,000 cubic metres of daily capacity. It is also building the Banmai plant at Huayhom, due to open in April 2027, and the Danxang plant, expected by late 2027. Each will add 20,000 cubic metres per day. An extension to the Chinaimo plant is expected to add another 40,000 cubic metres per day by late 2028.

Nationwide, Laos operates 238 water supply plants with a combined capacity of 883,000 cubic metres per day. State media reported that distribution systems lose about 28.56 percent of water through non-revenue water, including water lost before it reaches customers.

TireShield Partners with Tuffi for Exclusive Singapore Launch, Advancing Southeast Asian Expansion

Preventive self-sealing tyre protection solution enters Singapore through exclusive distributorship with Tuffi, marking the next phase of TireShield’s regional growth

SINGAPORE, Oct. 16, 2026 /PRNewswire/ — TireShield, a preventive self-sealing tyre protection solution, has officially entered the Singapore market through an exclusive distributorship agreement with Tuffi, marking a significant milestone in TireShield’s Southeast Asian expansion.


TireShield Partners with Tuffi for Exclusive Singapore Launch

Following its establishment in Malaysia, the Singapore launch represents the next phase of TireShield’s regional growth strategy, with Thailand identified as its next planned market.

Designed to shift tyre protection from a reactive response to a more preventive approach, TireShield is applied to the inner surface of a tyre before a puncture occurs. Its specially formulated material forms a flexible protective layer designed to respond when common road hazards, such as nails or screws, penetrate the tyre tread.

When a qualifying puncture occurs, the material surrounds the penetrating object and helps prevent air loss. When the object is removed, the material is designed to close around the puncture and continue helping the tyre retain air.

Unlike conventional emergency sealants that are typically used after a puncture has occurred, TireShield is installed beforehand, providing motorists and vehicle operators with an additional layer of preventive protection.

Strategic Leadership and Regional Vision

The regional expansion is led by Mr Bernard Teo, Founder of TireShield, whose vision is centred on changing the way motorists and businesses approach tyre protection from responding to punctures after they happen to consider preventive protection before they occur.

Mr Teo said:

“TireShield was developed around a fundamental shift in how we think about tyre protection moving from a reactive approach towards a preventive one. Instead of waiting for a puncture to disrupt a journey, we want to provide motorists and fleet operators with an additional layer of protection before it happens. Our goal is to reshape how people think about tyre protection and resilience across Southeast Asia.”

For TireShield, regional expansion is not simply about entering new markets. The strategy focuses on building market confidence, developing strong local partnerships, providing appropriate technical and customer support, and creating a sustainable model for longer-term regional growth.

Mr Teo added:

“Our regional growth is carefully planned. The priority is to build trust in the product, provide the right technical support and work with partners who share our long-term vision. The experience we gained in Malaysia has provided an important foundation, while Singapore gives us the opportunity to further refine our approach as we prepare for our next planned market, Thailand.”

Leveraging More Than 50 Years of Automotive Experience

To establish its presence in Singapore, TireShield has appointed Tuffi as its sole distributor, bringing together TireShield’s tyre protection technology with Tuffi’s more than five decades of automotive industry experience.

Established in 1974, Tuffi began with Tuff-Kote rustproofing as one of its core businesses and has since expanded into a broader range of automotive protection and care solutions, including paint protection, solar film, vehicle grooming, windscreen-related services and other automotive services.

Under the partnership, Tuffi will support TireShield’s local distribution, market development, installation, customer engagement and the progressive development of retail and commercial opportunities in Singapore.

The appointment reflects the shared focus of both parties on innovation, quality, reliability, customer education and practical automotive protection solutions.

Ms Shu Yi Mei of Tuffi said:

“Modern automotive protection has evolved beyond traditional areas such as rustproofing and paint protection. Today’s motorists are also looking for practical solutions that can help reduce inconvenience, disruption and everyday road risks. TireShield fits naturally into this direction by introducing a preventive approach to a problem that many motorists only think about after a puncture happens.”

A Preventive Approach to Everyday Tyre Punctures

While a tyre puncture may appear to be a relatively minor vehicle issue, its impact can extend beyond the tyre itself.

For individual motorists, an unexpected puncture can disrupt work, appointments, family journeys and daily schedules. For commercial fleets, logistics operators and other businesses, tyre-related downtime can contribute to operational delays and lost productivity.

TireShield is primarily designed to address qualifying tread-area punctures caused by common sharp road debris, including nails, screws and similar small objects.

The product is applied to the inner surface of an existing tyre through a controlled application process. The tyre is first removed before its inner surface is properly cleaned and prepared. TireShield is then applied to form a flexible protective layer before the tyre is reinstalled and balanced where required.

TireShield is designed to provide long-lasting protection throughout the usable life of the tyre, subject to normal tyre wear and operating conditions.

The technology is intended to complement, rather than replace, normal tyre maintenance. Motorists should continue regular tyre-pressure checks, inspections and servicing as part of responsible vehicle maintenance.

Depending on tyre size, construction, application requirements and operating conditions, TireShield can potentially be applied across a variety of vehicle categories, including passenger cars, vans, commercial and delivery vehicles, buses, fleet and logistics vehicles and other specialised applications.

Building Market Confidence Through Education and Transparency

As TireShield enters Singapore, both TireShield and Tuffi are placing strong emphasis on product education, demonstrations and transparency.

Rather than positioning TireShield as making tyres “indestructible”, the product is presented as an additional layer of preventive protection designed primarily for qualifying tread-area punctures.

Both parties believe that building long-term consumer confidence requires motorists and industry partners to understand not only what the technology is designed to do, but also its appropriate applications and limitations.

Ms Shu Yi Mei said:

“Trust is particularly important when introducing a new automotive solution. We want motorists to understand how TireShield works, what it is designed to do and, equally importantly, its limitations. Customers should be able to make an informed decision based on a proper understanding of the product rather than exaggerated claims.”

Initially, motorists will be able to have TireShield installed directly through Tuffi. The company also intends to progressively develop relationships with selected automotive and tyre industry partners where there is a suitable market fit.

Expanding into Fleet and Commercial Applications

Beyond the consumer market, TireShield and Tuffi see potential applications within Singapore’s commercial vehicle, fleet and logistics sectors.

For businesses that depend on vehicles for daily operations, an unexpected tyre puncture can result in more than inconvenience. It may also contribute to vehicle downtime, delayed jobs and lost productivity.

The B2B market will therefore form part of TireShield and Tuffi’s longer-term development strategy in Singapore, alongside direct consumer installations and selected automotive industry partnerships.

The approach will be progressive, with an emphasis on demonstrating the technology, understanding operational requirements and developing suitable applications for different vehicle and tyre categories.

Singapore as a Strategic Platform for Southeast Asian Growth

The Singapore launch represents an important step in TireShield’s broader Southeast Asian development.

Following its establishment in Malaysia, TireShield is using the Singapore rollout to further develop its approach to market education, distribution, technical training, installation, after-sales support and customer engagement.

Singapore will also provide an important foundation for strengthening the regional business model ahead of TireShield’s planned expansion into Thailand.

Rather than treating each country as an isolated market, TireShield’s longer-term objective is to develop a scalable regional approach built around established local partners, technical support, customer confidence and market-specific requirements.

Mr Teo said:

“Every market is different, so regional expansion has to be built on the right foundations. Malaysia gave us valuable experience in establishing TireShield, while Singapore allows us to strengthen the model through a trusted local partner. The lessons we gain here will be important as we continue building TireShield’s presence in Southeast Asia.”

Looking Ahead

The immediate priority for TireShield and Tuffi in Singapore will be to build awareness and give motorists, businesses and automotive industry partners greater opportunities to understand and experience the technology.

This will include product education, demonstrations, direct installations and the progressive development of retail, automotive industry and commercial fleet partnerships.

Over the longer term, the aim is to establish preventive tyre protection as an option motorists and vehicle operators can consider as part of their broader approach to tyre care and vehicle protection.

For TireShield, the Singapore launch represents more than the introduction of a product into a new market. It is an important step in building a broader regional presence and advancing its vision of making tyres safer, smarter and more resilient while helping reduce the inconvenience and downtime associated with common tyre punctures.

About TireShield

TireShield is a preventive self-sealing tyre protection solution designed to help address qualifying tread-area punctures caused by common road hazards such as nails and screws.

Applied to the inner surface of an existing tyre, TireShield forms a flexible protective layer designed to surround qualifying punctures and help prevent air loss. The solution can potentially be applied across a range of vehicle and tyre categories, subject to tyre specifications, application requirements and operating conditions.

Founded by Mr Bernard Teo, TireShield’s vision is to reshape the approach to tyre protection by encouraging a shift from reactive puncture response towards preventive protection, while helping motorists and businesses reduce the inconvenience and downtime associated with common tyre punctures.

About Tuffi

Tuffi is a Singapore automotive care and protection business established in 1974.

Beginning with Tuff-Kote rustproofing, Tuffi has expanded over more than five decades into a broader range of automotive protection and care solutions, including paint protection, solar film, vehicle grooming, windscreen-related services and other automotive services.

As the sole distributor of TireShield in Singapore, Tuffi will support the product’s local distribution, installation, market development, customer engagement and the progressive development of retail and commercial opportunities.

Results of the ixCrypto Index Series Quarterly Review (2026 Q3)


HONG KONG SAR – Media OutReach Newswire – 16 October 2026 – IX Asia Indexes today announced the 2026 third quarter review of the ixCrypto Index Series. The review results are as follows:

1. Constituent Review – ixCrypto Index Series

1.1. ixCrypto Index (“IXCI”)
The number of constituents remains unchanged at 19.

Additions
1. No addition

Deletions

1. No deletion

After the change, the free float adjusted market capitalization coverage is 83.86%* (excluding stablecoins, which have 11.58% of the total crypto universe), while the 90-day-average volume coverage is 71.12%*. The recapping at 40% will take effect on 23rd October 2026 (Friday).

Since the last review, crypto total market capitalization increased from USD2.43T to USD2.44T (+0.37%)#, while daily volume decreased from USD96.89B to USD73.25B

(-24.40%)#. Bitcoin remains the largest crypto in the constituent list, with its price increasing by 38.94% since the last review.

1.2. ixCrypto Portfolio Indexes

1.2.1 ixCrypto 5 Equal Weight Index (“IXEW5”) and ixCrypto 5 Square Root Index (“IXSR5”)

Addition
No addition

Deletion
No deletion

1.2.2 ixCrypto 10 Equal Weight Index (“IXEW10”) and ixCrypto 10 Square Root Index (“IXSR10”).

Additions
1. Monero

Deletions
1. Cardano

1.2.3 ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”).

Additions

  1. Monero
  2. Chainlink

Deletions

  1. Cardano
  2. Bitcoin Cash

1.3. ixCrypto BTC/ETH Indexes
As of the cut-off date on 30th September 2026, the ixCrypto BTC/ETH 50/50 Index (“IX5050”) maintains a 50%/50% weighting for the ixBitcoin Index (IXBI) and ixEthereum Index (IXEI). The ixCrypto BTC/ETH Proportional Index (“IXPI”) has the previous effective weighting of 86.12% and 13.88% for IXBI and IXEI, respectively.

At the upcoming effective date, IX5050 weightings will remain unchanged at 50%/50%. IXPI weightings will be adjusted to 83.67% and 16.33% for IXBI and IXEI, respectively, reflecting the market capitalization proportions of Bitcoin and Ethereum at the cut-off date.

2. Constituent Review- IX Digital Asset Industry Index Series

2.1 ixCrypto Stablecoin Index
The number of constituents will remain at 5. Stablecoins comprise approximately 11.58% of the total crypto universe, and the ixCrypto Stablecoin Index covers approximately 95.08% of the 90-day average market capitalization within the provided Q3 stablecoin calculation universe.

Additions
No addition

Deletions
No deletion

3. Exchange Review
As a result of the exchange review, 10 exchanges passed the review process, which are as follows:

Passed Exchanges

  1. Binance
  2. Pionex
  3. Billance (ADDITION)
  4. LBank
  5. Biconomy (ADDITION)
  6. CoinW
  7. Coinbase Exchange
  8. Bybit
  9. XT.COM (ADDITION)
  10. Gate.io

Removed Exchanges

  1. BitMart
  2. OrangeX
  3. KuCoin

The selected 10 exchanges will be used to generate each of the fair average prices for the IX indexes’ constituents. The exchange review covers volume rankings, exchange background checks, founders’ background checks, USD/BTC/USDT/USDC/USDe pair coverage, overconcentration rules, exchange API coverage checks, and stability, among other aspects, for an exchange.

For more details about our exchange selection criteria, please email info@ix-index.com. More information on the ixCrypto Indexes and IX Digital Asset Industry Indexes, including their constituents and constituents’ weights, is provided in the Appendices, or refer to the website https://ix-index.com/.

*Exclude stable coins and exchange coins that trigger conflict of interest (based on conflict-of-interest rule methodology 3.9, effective on Oct 2, 2020)
#As of 30th September 2026, based on the past 90 days average
XXXX (ADDITION) Newly introduced exchanges as of 2026 Q3

4. Changes in Index Advisory Committee Members

IX Asia Indexes is honored to welcome Ms. Jennifer Tan and Prof. Rujing Meng to IX Asia Index Advisory Committee (“the Committee”), effective 1 November 2026. Ms. Tan is Founder and CEO of Porrima Limited, and Prof. Meng is Associate Director of the Asia Case Research Centre (ACRC) at HKU Business School.

Prof. Yuk-fai Fong, will retire after serving on the Committee for over 5 years. Prof. Fong joined the Committee in July 2020 and has made valuable contributions to the development of IX Asia Indexes. IX Asia Indexes and the Committee would like to express their sincere gratitude to Prof. Fong and wish him well in his next endeavours.

An update on the Committee members will be available on follow-up corporate announcement and official webpage https://ix-index.com/committee.html.

Appendix 1

ixCrypto Index (“IXCI”)

Universe All crypto coins traded in at least two different exchanges around the world
Selection Criteria Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume
Number of Constituents 19 in Q3 2026
Launch Date 12th December 2018
Base Date 3rd December 2018
Base Value 1,000
Reconstitution Rule If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening.
Reconstitution and Rebalancing Frequency Quarterly and with a fast entry rule
Weighting Methodology Free float adjusted market capitalization weighted with a cap of 40%
Currency US Dollar
Dissemination Every 5 seconds for 24×7

(On Bloomberg, Reuters and major information vendors)

Website https://ix-index.com/
Bloomberg Page IXCI
Appendix 2

Weightings of the Constituents of ixCrypto Index

Crypto 90-day-average-
Market Cap
90-day-average-
Volume
Cut-off
Price
Cumulative
Market Coverage
Weighting (%) After 40% Cap#
1 Bitcoin $1,433,322,419,246 $27,700,843,799 $83,553.85 58.85% 40.00%
2 Ethereum $264,142,166,596 $12,246,382,379 $2,683.68 69.69% 26.04%
3 BNB $87,042,482,284 $1,359,745,505 $768.18 73.27% 8.13%
4 XRP $77,547,602,977 $2,622,129,858 $1.4884 76.45% 7.46%
5 Solana $52,626,782,109 $2,785,398,866 $117.99 78.61% 5.51%
6 TRON $31,573,089,006 $462,898,079 $0.3374 79.91% 2.55%
7 Hyperliquid $18,056,331,700 $681,695,943 $90.87 80.65% 1.81%
8 Zcash $13,525,057,754 $882,197,324 $1,436.40 81.20% 1.93%
9 Dogecoin $12,981,307,257 $818,755,105 $0.0945 81.74% 1.17%
10 Monero $8,058,315,713 $107,635,539 $544.45 82.07% 0.81%
11 Chainlink $7,594,375,758 $353,164,241 $14.36 82.38% 0.85%
12 Cardano $7,198,864,548 $444,998,716 $0.2466 82.68% 0.72%
13 Stellar $6,359,003,197 $205,299,555 $0.2263 82.94% 0.63%
14 Bitcoin Cash $4,846,352,862 $198,458,933 $305.88 83.14% 0.49%
15 Gram (prev. Toncoin) $3,990,280,102 $75,847,847 $1.4986 83.30% 0.34%
16 Litecoin $3,897,223,315 $279,850,177 $67.17 83.46% 0.41%
17 Hedera $3,295,190,109 $83,607,057 $0.1047 83.59% 0.37%
18 Avalanche $3,232,704,303 $342,337,447 $10.93 83.73% 0.39%
19 Sui $3,166,361,463 $444,530,770 $1.16 83.86% 0.39%

As of 30 September 2026

# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap

Selection of index constituents is based on the past 90-day-average market capitalization and volume.

For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website

Appendix 3

Weightings of the Constituents of ixCrypto Portfolio Indexes

Index Constituent ixCrypto 5 EW Index ixCrypto 5 SR Index ixCrypto 10 EW Index ixCrypto 10 SR Index ixCrypto Altcoin 10 EW Index ixCrypto
Altcoin 10
SR Index
1 Bitcoin 20.00% 46.98% 10.00% 37.38% – –
2 Ethereum 20.00% 20.76% 10.00% 16.51% 10.00% 25.17%
3 BNB 20.00% 11.60% 10.00% 9.23% 10.00% 14.06%
4 XRP 20.00% 11.11% 10.00% 8.84% 10.00% 13.47%
5 Solana 20.00% 9.55% 10.00% 7.60% 10.00% 11.58%
6 TRON – – 10.00% 5.16% 10.00% 7.87%
7 Hyperliquid – – 10.00% 4.36% 10.00% 6.64%
8 Zcash – – 10.00% 4.49% 10.00% 6.85%
9 Dogecoin – – 10.00% 3.50% 10.00% 5.34%
10 Monero – – 10.00% 2.92% 10.00% 4.45%
11 Chainlink – – – – 10.00% 4.56%

As of 30 September 2026

Appendix 4

Weightings of the Constituents of ixCrypto BTC/ETH 50/50 Index and ixCrypto BTC/ETH Proportional Index

Crypto 90-day-average Crypto
Market Cap
90-day-average Crypto
Volume
Index Level Weight in BTC/ETH 50/50 Weight in BTC/ETH Proportional
Bitcoin $1,433,322,419,246 $27,700,843,799 20186.84 50.00% 83.67%
Ethereum $264,142,166,596 $12,246,382,379 23030.95 50.00% 16.33%

As of 30 September 2026

Appendix 5

Weightings of the Constituents of ixCrypto Stablecoin Indexes

Crypto 90-day-average- Market Cap 90-day-average-

volume

Cut-off

Price

Cumulative

Market Coverage

Weighting (%) After 40% Cap
1 Tether USDt $183,557,465,503 $61,192,173,869 $0.9994 7.54% 40.00%
2 USDC $73,356,096,179 $11,265,240,494 $1.0000 10.55% 40.00%
3 Ethena USDe $4,239,559,682 $52,919,560 $0.9996 10.72% 8.10%
4 World Liberty Financial USD $4,197,590,809 $928,436,167 $0.9991 10.89% 7.31%
5 PayPal USD $2,805,654,773 $74,777,723 $0.9997 11.01% 4.60%

As of 30 September 2026

Appendix 6

ixCrypto Indexes Dissemination

ixCrypto Index is first disseminated every 1-hour in May 2020. In November the same year, the dissemination is upgraded to every 15- second and made available to the world via the Nasdaq Global Index Data Service. In March 2021, ixBitcoin Index (“IXBI”) and ixEthereum Index (“IXEI”) are launched, and together with IXCI, are available to the world via Nasdaq. In April 2022, the index dissemination upgraded to every 5-second interval and made 24×7 since 23 June 2022. On 23 July 2024, a separate direct connection with Bloomberg is established to allow Bloomberg real time subscription with 10 indexes. Today, over 26 real-time indexes are available to customers on the IX Crypto Index API subscription and Bloomberg subscription. For free delayed IXCI, IXBI and IXEI, the indexes are available through Nasdaq Global Index Data Service (GIDS) and most major information vendors.

The vendor tickers are shown below:

Index Name Bloomberg Ticker NASDAQ Reuters Ticker
Real-time Delayed
ixCrypto Index IXCI IXCI2 .IXCI .IXCI
ixBitcoin Index IXCBI IXCBI2 .IXBI .IXBI1
ixEthereum Index IXCEI IXCEI2 .IXEI .IXEI1

On 7 October 2026, IX Asia indexes announced the discontinuation of all real-time dissemination due to continuous cybersecurity attack.

For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com.

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

About IX Asia Indexes and IX Asia Index Advisory Committee

IX Capital International Limited is an award-winning index and investment advisory company. The index business arm- IX Asia Indexes, providing real-time digital asset and innovative indexes, disseminated 24×7 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index (“IXCI”) launched in Hong Kong in December 2018, the ixCrypto index series expand into 29 indexes designed for exchange futures products, mark-to-market, and fund managers’ portfolio construction purposes. To ensure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet quarterly a year to discuss matters relating to the IX Asia Indexes, including to review and to comment the data sources, methodologies, and operations of IX Asia Indexes, to provide guidance to the future development of new IX Asia Indexes and to handle other issues and decisions on an as-needed basis.

IX Asia Indexes was awarded the Fintech Award (wealth investment and management) 2019 and 2021 organised by ETNet. It as well won an award for Startup of the Year and Basic Technology (Big Data) from Hong Kong Fintech Impetus Awards 2022 by Metro Broadcast and KPMG. It also won Asia Pacific Enterprise Achievement Award 2024 by Echolade. IX Asia Indexes completed its IOSCO compliance statement and obtained ISO/IEC 27001:2022 UKAS certification.

Website:

Advisory Committee:

About IX Crypto Indexes

The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top liquid cryptos ranked by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. Real time indexes are disseminated every 5-second for 24×7 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services and Bloomberg terminal on IXCI . For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI”, “IXEI”, with dissemination interval kept at 15-second unchanged.

Phancy and RiseUnion Launch ModelSphere, an Open-Source, One-Stop Production-Grade AI Deployment Platform

  • ModelSphere simplifies enterprise large-model deployment and operations and boosts peak throughput by up to 285% (nearly 4x the baseline).
  • Building a more open, chip-agnostic foundation for AI at scale.
  • Free and open source for enterprise users and available on Github now.

BEIJING, CHINA – Media OutReach Newswire – 16 October 2026 – Phancy Group Co., Ltd. (“Phancy” or “the Group”, stock code: 6682.HK), a leading full-stack enterprise-AI cloud services platform, together with RiseUnion Technology Co., Ltd. (“RiseUnion”), today announced the official launch of ModelSphere, a one-stop, production-grade AI deployment platform.

Free and open source for enterprise users, ModelSphere brings computing resource management, model deployment and runtime optimization together in a single platform. It lowers the barriers to deployment and operations, helping enterprises turn computing power more efficiently into secure, stable AI services ready for real-world business use.

As large models move into commercial deployment at scale, enterprises commonly face low resource utilization, a fragmented chip ecosystem, high deployment barriers and difficult tuning in production environments. ModelSphere aims to consolidate computing resource coordination, model deployment and performance optimization into a unified deployment and management workflow, reducing the duplicated effort enterprises spend on low-level system adaptation, resource scheduling and day-to-day operations.

Phancy believes enterprises should be able to put large models to work without extensive in-house expertise in complex areas such as driver compilation and hardware adaptation. ModelSphere is designed to bridge this gap, enabling enterprises to integrate a wide range of open-source large models into core business processes while allowing technical teams to focus on application development and business needs.

Four Core Advantages of ModelSphere

  • Simplified deployment and stable model services: ModelSphere provides a graphical console and pre-built deployment capabilities that reduce the environment-configuration code developers need to write, helping them quickly stand up inference services for large models and simplifying deployment across different chip clusters. Built-in enterprise-grade capabilities, including automatic elastic scaling, prefill-decode (PD) disaggregated deployment, three-tier KV caching, high-availability load balancing and automatic stream resumption after service interruptions, keep model services running stably in production.
  • Continuous automated tuning for higher efficiency: The platform’s built-in AutoTune intelligent model scheduling strategy, combined with adaptive load-balancing scheduling that leverages hardware acceleration, improves request-handling capacity and time to first token (TTFT) while lowering inference cost per token. Built-in AutoTune boosts peak throughput by around 285% compared with the baseline, increasing overall performance to nearly four times the previous level and making full use of the available computing power.
  • Unified management of diverse chips without repeated adaptation: Integrated with the EngineX inference engine, ModelSphere supports and is deeply optimized for a wide range of AI accelerators. It enables unified and mixed scheduling of all computing resources, including Huawei Ascend, Iluvatar CoreX, Moore Threads and Hygon DCU, so users do not need to rewrite low-level code for each chip.
  • Continuous optimization for mainstream models and faster deployment: The ModelSphere team closely tracks iterations in the open-source community and has already adapted and optimized the platform for leading models, including DeepSeek-V4/V4-Flash, Qwen, Kimi, MiniMax and GLM. New models can be deployed quickly after release and tuned to production-grade performance, helping enterprises put the latest models to work in real business scenarios.


How ModelSphere Fits into the AI Stack

At the technical level, ModelSphere works alongside inference engines such as vLLM and SGLang. While inference engines improve computing efficiency on individual servers, ModelSphere handles management and optimization at the cluster-architecture level, including load- and cache-aware request routing, a unified KV cache pool, quality-of-service (QoS)-based automatic scaling, automatic stream resumption after service interruptions, automated performance tuning based on live production data, runtime monitoring and service management. Together, these ensure high performance and high availability in production environments.

By going open source, ModelSphere makes Phancy’s engineering capabilities for large-model deployment and optimization available to more enterprises and developers, and brings together industry partners to continuously expand support for different chips and models. This will reduce hardware adaptation barriers and lower the threshold for large-model adoption, helping enterprises make the most of their existing computing resources and efficiently unlock the commercial potential of heterogeneous computing.

Availability

ModelSphere is now available on GitHub at https://github.com/modelsphere/modelsphere under the Apache 2.0 license.
Hashtag: #Phancy #ModelSphere #AI

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

About Phancy Group

Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient “Token Factory.”

Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in Artificial General Intelligence.

Lavazza Expands to Five Stores in Hong Kong and Launches Signature Buffalo Milk Latte

HONG KONG, Oct. 16, 2026 /PRNewswire/ — Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC and HKEX: 9987) today announced the recent opening of Lavazza’s fifth store in Hong Kong. Since opening its first store in Central last November, Lavazza has expanded to five stores in Hong Kong in less than a year and plans to double its presence to around 10 stores in the coming months.

Lavazza's fifth Hong Kong store features a Carmencita moka pot installation
Lavazza’s fifth Hong Kong store features a Carmencita moka pot installation

Allegra Armitano, Chief Marketing Officer of the Lavazza-Yum China joint venture, said: “Hong Kong is a mature and dynamic coffee market where consumers place a high value on quality, flavor, and brand experience — all of which are central to Lavazza’s identity as an iconic Italian coffee brand founded in Turin in 1895. Since opening our first store in Hong Kong, we’ve been encouraged by the market response. We are excited to introduce our signature Buffalo Milk Latte to Hong Kong and look forward to broadening our offerings for local coffee lovers.”

Lavazza’s five Hong Kong stores are located primarily in premium office towers and shopping destinations in Central and Causeway Bay. Designed with elegant Italian-inspired interiors, the stores are intended to offer Hong Kong consumers a high-quality coffee experience that fits naturally into the rhythm of urban life.

Among them, the fifth Hong Kong store at Cheung Kong Center II features a Lavazza Carmencita moka pot installation. Designed for Lavazza in 1979 by renowned Italian designer Marco Zanuso, the Carmencita is distinguished by its iconic conical shape and heat-resistant handle. Over the years, it has remained one of Lavazza’s most recognizable design symbols.

Introducing Buffalo Milk Latte in Hong Kong

Lavazza has introduced its signature Buffalo Milk Latte across all Hong Kong locations, becoming the first chain coffee brand in Hong Kong to offer buffalo milk drinks. As one of the brand’s best-selling beverages in Mainland China — with 2025 sales exceeding 1.2 million cups — the drink brings a distinctive new offering to Hong Kong’s coffee market with its naturally sweet, full-bodied flavor and added nutritional appeal.

The Buffalo Milk Latte is made with natural buffalo milk. Compared with regular milk, buffalo milk offers a richer dairy aroma and a naturally sweet, ice cream-like smoothness — without the need for added sugar. Blended with espresso crafted from Lavazza’s premium coffee beans, it delivers a rich, velvety mouthfeel that highlights the beans’ distinctive flavor notes.

The Buffalo Milk Latte will be available both hot and iced, offering customers a choice between a chilled, refreshing drink and a warm, comforting cup.

Set to Debut Liquid Tiramisu

In addition to the Buffalo Milk Latte, Lavazza’s Hong Kong stores offer a wide range of freshly prepared beverages, from classics such as Espresso and Cappuccino to innovative creations like the Sicilian Pistachio Oat Milk Latte, Apple Juice Americano and Orange Juice Americano, all available with a selection of Lavazza premium coffee beans. Desserts, sandwiches and baked goods are also offered.

In the coming months, Lavazza will launch two beverages. One is the Bicerin series, making a comeback this year after first appearing last Christmas season. A traditional hot drink from Turin, Italy, it is made with layers of espresso, cocoa, and cream for a rich and indulgent flavor. The other is Lavazza’s much-loved Liquid Tiramisu, which will debut in its Hong Kong stores and bring the signature flavors of the classic Italian dessert into a drink with a creamy texture and rich, layered flavor. As the business continues to grow, Lavazza plans to further expand its Hong Kong menu to cater to a broader range of tastes.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements relating to future strategies, growth, business plans, restaurant expansion plans and operating profit targets, the expected benefits and impact of the acquisition of ownership of the Pizza Hut brand in Mainland China from Yum! Brands, Inc. (the “Transaction”) and related financing (including plans for long-term financing), including expected license-fee savings, expected margin benefits, expected EPS accretion, and potential long-term value creation. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “project,” “likely,” “will,” “continue,” “should,” “forecast,” “outlook,” “commit” or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements include, without limitation, statements regarding the Company’s future strategies, growth, business plans, restaurant expansion plans, operating profit targets, the expected benefits and impact of the Transaction and related financing (including plans for long-term financing), including expected license-fee savings, expected margin benefits, expected EPS accretion, and potential long-term value creation. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. Factors that could cause actual results to differ materially include, among others, risks related to the ability to realize the anticipated benefits of the Transaction, including the risk that the transition of brand ownership disrupts operations; risks related to the availability, terms and cost of long-term debt financing to refinance the bridge loan, including interest rate and currency exchange fluctuations; transaction costs, tax and accounting treatment, changes in consumer demand or competitive conditions, failure to achieve anticipated license-fee savings, margin benefits, or EPS accretion; risks related to the ability to open new restaurants at the anticipated pace and achieve targeted payback periods; and risks that the Transaction may not result in the anticipated long-term value creation. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.

About Yum China Holdings, Inc.

Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company operates over 19,000 restaurants under six brands across over 2,700 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. The Pizza Hut brand in Mainland China is owned by Yum China. In addition, Yum China has partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain, which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world’s most innovative pioneer in the restaurant industry. For more information, please visit https://ir.yumchina.com/.

Contacts

Investor Relations Contact:
Tel: +86 21 2407 7556
IR@YumChina.com 

Media Contact:
Tel: +86 21 2407 3824
Media@YumChina.com