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Doubleview Provides Hat Project Development Update as Ongoing Drilling Supports Next Mineral Resource Estimate and Pre-Feasibility Advancement

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Vancouver, British Columbia – Newsfile Corp. – June 29, 2026 – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (“Doubleview” or the “Company”) is pleased to provide an update on ongoing technical and development work at its 100%-owned Hat Project in northwestern British Columbia. Following the Company’s June 9, 2026 announcement reporting assay results from drill holes H102 to H108, which extended Hat mineralization approximately 150 metres east beyond the known resource envelope, Doubleview is advancing a work program designed to support continued resource growth, technical de-risking and the next phase of project evaluation.

The Company’s current drilling program remains focused on increasing the size and confidence of the Hat deposit in support of an updated Mineral Resource Estimate (“MRE”) currently targeted for early 2027, while also generating information relevant to ongoing Pre-Feasibility Study (“PFS”) planning.

Highlights

  • Ongoing drilling is focused on expanding the Hat deposit and supporting the next updated MRE targeted for early 2027.
  • The current drill plan is under review and is being optimized to improve efficiency and better align with the Company’s MRE and PFS objectives.
  • Doubleview is nearing a final decision on the selection of a metallurgical laboratory following an extensive international review process led by the Company’s metallurgical team.
  • Baseline environmental studies have been initiated, and field equipment has been shipped for installation in the coming weeks.
  • The Company is fully funded to carry out its currently planned work programs.

Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented:

“The results we announced in June marked an important step forward for the Hat Project, and the ongoing drilling program is designed to build on that momentum. With mineralization now extended beyond the previously defined resource envelope, we are increasingly confident that Hat is moving toward the next stage of development. Our immediate objective is to support an updated Mineral Resource Estimate targeted for early 2027 while advancing the technical work necessary for pre-feasibility planning.”

“At the same time, we are progressing the parallel workstreams required to move a project of this scale forward responsibly and efficiently. These include optimizing the current drill plan, completing metallurgical program planning, initiating baseline environmental studies and maintaining the financial capacity to execute on our objectives.”

“We also believe the strategic relevance of Hat continues to strengthen. In a market where secure North American sources of critical minerals are becoming increasingly important, Hat’s exposure to copper, cobalt and scandium in a Canadian jurisdiction positions the Project as a potentially important long-term contributor to domestic and allied supply chains.”

Doubleview believes that recent developments in cobalt markets and North American critical minerals policy continue to underscore the long-term strategic value of polymetallic projects located in stable jurisdictions. While Hat remains an exploration and development-stage project, management believes its combination of copper, cobalt, scandium, gold and silver provides important exposure to metals that are increasingly relevant to electrification, industrial resilience and supply chain security.

The Company will provide further updates as technical planning advances and key milestones are reached.

PEA Snapshot – Hat Project

  • After-tax NPV(5%) of C$6.73 – C$7.27 billion at consensus metal prices
  • After-tax NPV(5%) of C$13.53 – C$14.85 billion at spot metal prices
  • 23% IRR at consensus prices; 32% – 39% IRR at spot prices
  • 25-year mine life based on a 120,000 tonnes-per-day processing rate
  • 609 Mt Measured & Indicated and 503 Mt Inferred mineral resources
  • First 10 years average annual production of 74 kt copper, 254 koz gold, 376 koz silver and 2.7 kt cobalt


Qualified Person

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company

About Doubleview Gold Corp.

Doubleview Gold Corp. is mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO
T: (604) 678-9587
E: corporate@doubleview.ca

Doubleview maintains a website at www.doubleview.ca.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-Looking Information

Certain of the statements made and information contained herein may constitute “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking statements in this news release include, but are not limited to, statements regarding: the interpretation of drill results; the potential extension of mineralization; the identification and significance of the far east mineralized zone; the potential incorporation of drill holes after H101 into future geological models, Mineral Resource Estimates, Preliminary Economic Assessments or other economic studies; the potential for future conversion of Mineral Resources into higher confidence categories; future drilling plans; future exploration programs; the potential economic significance of scandium, cobalt, copper, gold and silver mineralization; and the continued advancement of the Hat Project.

Forward-looking statements are based on assumptions that management considers reasonable at the time they are made, including assumptions regarding geological continuity, future exploration results, metallurgical recoveries, metal prices, availability of financing, regulatory approvals, access to the property, and the Company’s ability to complete future technical studies. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those projected. Such risks include, but are not limited to: risks associated with mineral exploration and development; uncertainty of geological interpretation; uncertainty of Mineral Resource estimation; volatility in metal prices; metallurgical and processing risks; permitting and environmental risks; title and access risks; financing risks; equipment availability; First Nations consultation and engagement; and other risks disclosed in the Company’s public filings.

Except as required by applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

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

Prudential and South East CDC launch programme to help 3,000 children learn money management skills and build climate and health resilience

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SINGAPORE – Media OutReach Newswire – 29 June 2026 – With rising temperatures and dengue risks becoming a growing concern in Singapore, Prudential Singapore (“Prudential”), in partnership with South East Community Development Council (“South East CDC”), has launched Get Fit! Get Lit! (GFGL). It is an experiential programme that helps children aged 7–12 in the South East District build life skills in money management and stay healthy and resilient in a changing climate.

On 27 June 2026, Mr Dinesh Vasu Dash, Mayor of South East District, Minister of State, Ministry of Culture, Community and Youth and Ministry of Manpower, and Adviser to East Coast GRC Grassroots Organisations (Bedok), Ms Chan San San, CEO of Prudential Singapore, and Prudential financial representatives, joined 145 children and family members at the launch of Prudential's Get Fit! Get Lit! programme at Siglap Community Club. The programme, delivered in partnership with South East Community Development Council, combines financial literacy, physical activity, and climate and health education for children aged 7-12.
On 27 June 2026, Mr Dinesh Vasu Dash, Mayor of South East District, Minister of State, Ministry of Culture, Community and Youth and Ministry of Manpower, and Adviser to East Coast GRC Grassroots Organisations (Bedok), Ms Chan San San, CEO of Prudential Singapore, and Prudential financial representatives, joined 145 children and family members at the launch of Prudential’s Get Fit! Get Lit! programme at Siglap Community Club. The programme, delivered in partnership with South East Community Development Council, combines financial literacy, physical activity, and climate and health education for children aged 7-12.

The launch event, held at Siglap Community Club, was officiated by Mr Dinesh Vasu Dash, Mayor of South East District, Minister of State, Ministry of Culture, Community and Youth & Ministry of Manpower, and Adviser to East Coast GRC Grassroots Organisations (Bedok) and Ms Chan San San, Chief Executive Officer of Prudential Singapore. They were joined by 145 children and family members, and 20 Prudential financial representatives. To mark the occasion, Prudential and South East CDC signed a Partnership Agreement to bring GFGL to 3,000 children by end-2027, through South East CDC’s network of schools and community partners, as well as children from Prudential’s broader outreach efforts, including youth groups such as the Singapore Girl Guides (Brownies).

GFGL started as a financial literacy and sports initiative, and now incorporates climate and health education to help children aged 7–12 develop future-readiness. Delivered through classroom learning and interactive activities, the programme introduces children to the financial concepts of Earn, Save, Spend and Donate. It also helps them to understand how a changing climate can affect their daily lives and what simple actions they can take to stay well and adaptable. Volunteers of GFGL are Prudential employees and financial representatives.

Ms Chan San San, CEO of Prudential Singapore, said: “We would like to help children gain important life skills: understanding simple money concepts to manage their pocket money, how to take care of their health, and managing the impacts of climate change. The early habits we build when we’re young stay with us and shape the decisions we make later in life. Through our partnership with the South East Community Development Council and the support of our volunteers, including our financial representatives and employees, Get Fit! Get Lit! brings these lessons directly to children from primary schools and community groups in a way that is fun, practical and relevant to their daily lives. Ultimately, our goal is to support 3,000 children with skills that help them to grow and contribute to a healthier, more resilient community.”

Mr Dinesh Vasu Dash, Mayor of South East District, Minister of State, Ministry of Culture, Community and Youth & Ministry of Manpower, and Adviser to East Coast GRC Grassroots Organisations (Bedok) said: “At South East CDC, we believe in nurturing young individuals to realise their full potential. The Get Fit! Get Lit! programme shows how community partnerships can deliver meaningful, hands-on learning — building healthy habits, financial awareness, and environmental responsibility in our children. By bringing this to schools and community groups across the South East District, we hope to give as many children as possible a strong foundation for the future.”

South East CDC will work with Prudential to bring GFGL to schools and community partners across the district. Leveraging South East CDC’s extensive network, the programme will reach children from up to 15 schools, including CHIJ (Katong) Primary, St. Gabriel’s Primary School, and Geylang Methodist School (Primary), as well as community partners, TRANS Family Service Centre and Thye Hua Kwan Family Service Centre. South East CDC will play an active role in onboarding and coordinating with participating schools and community partners, ensuring that children across the district have access to the programme. The programme rollout will be supported by volunteers comprising Prudential employees and financial representatives.

Getting fit, getting lit: Inside the GFGL programme
Children today face a growing range of challenges – from navigating financial decisions to understanding climate and health risks that are becoming more visible around them. In Singapore, for instance, vector-borne diseases such as dengue remain a recurring concern, particularly during warmer periods, highlighting how environmental factors can directly affect health and daily life.

GFGL helps them build practical life skills early – across financial literacy, as well as climate and health resilience. By bringing these elements together, the programme builds confidence and resilience, equipping children with the knowledge and habits to manage risks and adapt to a changing environment. This reach is made possible by South East CDC’s deep roots in the South East District, with its network of community clubs, schools, and community partners serving as the backbone for delivering GFGL to children and families across the district.

Building on the success of Prudential’s financial literacy efforts Cha-Ching
Developed by Prudential plc’s regional community investment arm, Prudence Foundation, Cha-Ching is a global financial education programme for children aged 7-12 years old. It teaches them the importance of being financially responsible from a young age by driving four fundamental money management concepts: Earn, Save, Spend and Donate. More than 20,000 children have participated in the programme since 2018.

Hashtag: #Prudential #PrudentialSingapore #Sustainability #CSR #financialliteracy #climate #climateandhealthresilience




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

About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore)

Prudential Assurance Company Singapore (Pte) Ltd is one of the top life and health insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 95 years. As at 31 December 2025, it has S$66.3 billion funds under management. The company has an AA Financial Strength Rating from leading credit rating agency Standard & Poor’s and delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of 5,400 financial representatives.

About South East Community Development Council

South East CDC, established on 24 November 2001, oversees the Marine Parade-Braddell Heights Group Representative Constituency (GRC) and Mountbatten Single Member Constituency (SMC), East Coast GRC, Aljunied GRC and Hougang SMC, serving a population of more than half a million residents. At the helm of South East CDC is Mayor Dinesh Vasu Dash, who leads the team in fulfilling the CDC’s mission as an Aggregator of Needs and Resources, Builder of Capability and Capacity in Partners and Networks, and Connector of Communities. South East CDC initiates and manages programmes in collaboration with both community and corporate partners to nurture a vibrant and self-reliant community.

More information on South East CDC can be found at southeast.cdc.gov.sg, its Facebook page at or its Instagram at . To keep up with Mayor Dinesh and receive updates on his work in the South East District, follow him on Facebook at or his Instagram at .

How Cangzhou Is Gaining From Beijing-Tianjin-Hebei Integration

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CANGZHOU, China, June 29, 2026 /PRNewswire/ — A news report from Xinhuanet: 

The Hebei Branch of the National Beidou Navigation Location Service Data Center
The Hebei Branch of the National Beidou Navigation Location Service Data Center

Cangzhou, a coastal city in Hebei Province, China, is turning the Beijing-Tianjin-Hebei coordinated development strategy into concrete gains in industry, transport and public services, local authorities said.

Located in southeastern Hebei along the Bohai Sea and the Grand Canal, Cangzhou is known for martial arts, acrobatics, canal culture and the thousand-year-old Iron Lion that gave it the nickname “Lion City.” The city is now positioning itself as a node in regional integration, linking resources from Beijing and Tianjin with Hebei’s coastal logistics and manufacturing base.

Since 2023, Cangzhou has signed agreements on 170 projects involving Beijing and Tianjin partners, with total planned investment of 68.4 billion yuan, according to a local government briefing. The city has also attracted 50 second- and third-tier subsidiaries of centrally administered state-owned enterprises, making it a destination for industrial resources from the two municipalities.

One of the clearest examples is biomedicine. The Beijing-Tianjin-Hebei Cangzhou Biomedicine Industrial Park has attracted 70 companies. Three pharmaceutical formulation projects, including one involving Beijing Yimin, have been completed, marking a breakthrough in Cangzhou’s efforts to receive pharmaceutical production capacity from Beijing.

The industrial shift is also reshaping the city’s innovation network. Cangzhou has signed cooperation agreements with universities and research institutes in Beijing and Tianjin, including Tsinghua University, and has supported platforms such as the Hebei branch of the National Beidou Navigation Location Service Data Center and the Yanzhao Green Chemical Laboratory. Since 2023, the city has recorded more than 20 billion yuan in technology-contract transactions from Beijing and Tianjin, local authorities said.

Those industrial links are being reinforced by transport and logistics. Cangzhou has opened direct high-speed rail service with Shijiazhuang, while several railway and expressway projects are under construction or being advanced as part of broader regional connectivity efforts. The city is also using Huanghua Port to support logistics links with Xiong’an New Area.

Cangzhou is promoting a cross-regional customs and logistics model under which goods would be declared, inspected and released in Xiong’an before being exported by sea through Huanghua Port. Officials describe the effort as part of Cangzhou’s work to support Xiong’an’s access to maritime logistics.

Regional integration is also reaching public services. Cangzhou has established 27 Beijing-Tianjin-Hebei medical alliances, while 57 local medical institutions have joined arrangements for mutual recognition of medical test results. It has also expanded cross-regional medical settlement and labor-service cooperation. In elderly care, the city said it has attracted 24,700 elderly residents from Beijing, Tianjin and nearby provinces.

Cangzhou also reported gains in environmental protection and tourism. According to local authorities, the city’s air quality composite index in 2025 fell by 15.14 percent from 2023, while average PM2.5 concentration dropped by 11.47 percent and the number of good-air days increased by 51. Centralized drinking-water sources met Grade III or better standards, and eight rivers flowing into the sea met water-quality targets.

Tourism has benefited from closer regional links and Cangzhou’s cultural resources. Drawing on the Grand Canal, martial arts, acrobatics, intangible cultural heritage and its “Lion City” identity, the city received about 57.3 million domestic tourist visits in 2025, generating 60.94 billion yuan in tourism spending, according to the local government briefing.

In 2026, Cangzhou plans to sign at least 50 new projects involving Beijing and Tianjin partners, with more than 10 billion yuan in planned investment. It will focus on biomedicine, hydrogen energy, apparel, the low-altitude economy, transport connectivity and cooperation with Xiong’an, aiming to deepen its role as an industrial, logistics and public-service link in the Beijing-Tianjin-Hebei region.

State Grid Jinchang Launches Special Power Safety Inspection for Pasture-PV Complementary Projects

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JINCHANG, China, June 29, 2026 /PRNewswire/ — Recently, staff from State Grid Jinchang Power Supply Company conducted a special safety inspection on power consumption for the pasture-PV complementary farming model at Gansu Xinyazhong Breeding Family Farm.

The “power generation above panels, livestock breeding below panels” model has become a new growth driver for distinctive industries in rural revitalization. The farm integrates photovoltaic power generation with beef cattle breeding, making full use of the land to cut energy costs and boost ecological benefits. However, harsh outdoor conditions easily lead to aging power lines and degraded insulation. Coupled with dual power demand from grid-connected PV facilities and breeding machinery, ensuring electricity safety poses greater challenges.

The company’s operation and maintenance team adopted a full-cycle closed-loop inspection mechanism beyond conventional checks. Inspectors focused on core equipment including photovoltaic arrays and grid-connected inverters, tested line insulation, earthing protection and residual current devices, and rectified hazards such as wire abrasion and unauthorized wiring. They also maintained electric equipment in cattle sheds for temperature control, ventilation and feed processing. Every potential risk was recorded in dedicated files. Minor faults were fixed on the spot, while remaining hidden dangers were rectified within a set timeframe.

Volunteers delivered tailored lectures on safe electricity use for farmers and herdsmen, and formulated a customized power supply plan for the farm.

The farm manager said the targeted service eliminated safety worries arising from mixed power usage between photovoltaic systems and breeding equipment, laying a solid foundation for the sustainable growth of the farm industry.

Media Startup ‘World & New World Journal’ Redefines Global Current Affairs with 7-Language Service

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  • Built a premier knowledge platform for defense, diplomacy, and economics powered by 570+ global scholars and experts.
  • Secured high-quality multilingual content through rigorous localized review by native staff in Germany, Mexico, and beyond.
  • Proved startup innovation with readers from 148 countries and over 14.3 million cumulative reach on social media.

SEOUL, SOUTH KOREA – Media OutReach Newswire – 29 June 2026 – The global current affairs platform ‘World & New World Journal’ (CEO Myngho Hyun) is gaining rapid traction by driving the democratization of knowledge through multilingual dissemination. Since its inception in 2022, the platform has published approximately 7,000 deep-dive analyses and translated articles as of 2026, solidifying its position as a trusted global knowledge hub.

Media Startup 'World & New World Journal' Redefines Global Current Affairs with 7-Language Service

The core mission of the Journal is the “democratization of knowledge, free from language and cost barriers. “It simultaneously translates expert analyses and official statements from world leaders into seven languages—Korean, English, Arabic, French, German, Russian, and Spanish—and offers them entirely free of charge to a global audience.

To ensure pristine translation quality that goes far beyond basic machine translation, the Journal utilizes a localized editorial system with staff in strategic regions like Germany and Mexico to preserve cultural context and precise geopolitical terminology. Furthermore, its signature ‘VIP Speech’ section allows readers to easily access the policy priorities of world leaders in multiple languages.

Driven by this innovative service model and an agile startup mindset, the World & New World Journal has achieved remarkable global visibility in a short period. To date, it has attracted readers from 148 countries, maintaining 25,000 Monthly Active Users (MAU) and 75,000 page views. Its cumulative reach across various social media platforms has surpassed 14.3 million, proving its steep growth trajectory.

“Our mission is to combine the academic rigor of a scholarly journal with the actionable insights of a top-tier think tank to provide a balanced perspective on critical global issues,” said Myungho Hyun, Founder & CEO of World & New World Journal. “Moving beyond the constraints of traditional media, we will continue our innovative experiments and global expansion to ensure readers worldwide can access premium international affairs analysis without language or financial barriers.”

All articles and multilingual services of the World & New World Journal can be accessed free of charge on the official website (https://worldandnewworld.com) and its official social media channels.

Hashtag: #WANWJ

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

BLOOMBERG BUSINESSWEEK VIETNAM LAUNCHES VIETNAM INFRASTRUCTURE SYMPOSIUM 2026

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Infrastructure, Investment and Vietnam’s Next Growth Chapter

HO CHI MINH CITY, Vietnam, June 29, 2026 /PRNewswire/ — Bloomberg Businessweek Vietnam (BBWV) will host the inaugural Vietnam Infrastructure Symposium 2026 on 9 July at Riverstage Thu Thiem, bringing together more than 100 leaders from government, business, finance, investment, and industry to discuss one of the most important drivers of Vietnam’s future growth: infrastructure.


The Symposium comes at a pivotal moment for Vietnam. Following 7.83% GDP growth in Q1 2026, driven by strong manufacturing, construction, and services activity, and the country’s recent upgrade to FTSE Russell Secondary Emerging Market status, attention is increasingly turning to the infrastructure investments needed to sustain growth, attract capital, and enhance competitiveness.

From transportation and logistics to energy, industrial development, and digital connectivity, infrastructure will play a central role in supporting Vietnam’s next phase of economic transformation.

The event also marks the launch of the BBWV Symposium Series—a new invitation-only platform designed to bring together decision-makers for focused discussions on the issues shaping Vietnam’s future.

Designed to encourage meaningful dialogue rather than large-scale conference participation, the Symposium will explore:

  • Infrastructure and economic competitiveness
  • Logistics and supply chain connectivity
  • Energy and sustainable development
  • Industrial and manufacturing ecosystems
  • Digital infrastructure and innovation
  • Public-private partnerships and investment opportunities

The Vietnam Infrastructure Symposium aims to foster constructive dialogue, practical insights, and stronger connections among leaders helping to build Vietnam’s next chapter of growth.

About Bloomberg Businessweek Vietnam

Bloomberg Businessweek Vietnam (BBWV) is published by Beacon Asia Media under license from Bloomberg L.P.

Through its print magazine, digital platform BBW.vn, social channels, executive events, and thought leadership initiatives, BBWV serves as a platform for conversations around business, leadership, investment, innovation, and the trends shaping Vietnam’s future.

About Beacon Asia Media

Beacon Asia Media (BAM) is a media, content, and events company whose ecosystem includes Bloomberg Businessweek Vietnam, BBW.vn, BAM Studios, executive events, custom publishing, branded content, video production, and strategic communications solutions.

Through print, digital, video, social, and live experiences, BAM brings together leaders, brands, and communities to share ideas and insights that matter.

Media Contact
Beacon Asia Media
Nhan Vo
nhan.vo@bloombergbusinessweek.vn
+84-0564291029

World’s First Autonomous Mining IPO Draws Top-Tier Cornerstone Lineup Including Fidelity, JPMorgan, and Barings

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HONG KONG, June 29, 2026 /PRNewswire/ — EACON Group Co., Ltd. (“EACON”, Stock Code: 07687.HK) launched the global offering of its H-shares today, marking the official start of its Hong Kong listing process. According to an announcement on the HKEX website, EACON plans to offer 26,132,000 shares globally, targeting gross proceeds of approximately HK$2.12 billion to HK$2.30 billion.

As the world’s largest provider of autonomous driving solutions for mining areas, EACON has secured a premium cornerstone investor base for its Hong Kong listing. Eleven institutional investors — Zijin Mining, XCMG, Fidelity International, J.P. Morgan Asset Management (Asia Pacific) Limited, Barings, Indus Funds, Jain Global, REGAL, GF Funds, CDH, and Seven Grand — have committed capital as cornerstone investors, taking total cornerstone subscriptions to the regulatory cap of approximately 50% of the offering. The roster spans global industry leaders, blue-chip international long-term capital, multi-strategy funds and leading Chinese institutional money, a vote of confidence that arrives amid broader market volatility and positions EACON to debut as the world’s first listed autonomous-mining-truck company.

Industry Leaders and Global Asset Managers Anchor the Cornerstone Tranche

EACON is a technology company focused on autonomous driving for mining operations, having built a full-stack L4 autonomous driving system and integrated hardware-and-software solutions purpose-built for heavy-duty mining trucks. Amid intensifying competition to commercialise L4 autonomous driving, EACON has established a clear first-mover and technology advantage that has drawn sustained investor interest from inside and outside the industry.

According to the prospectus, EACON has completed 11 financing rounds since its founding, raising a cumulative RMB 2.059 billion from investors including Zijin Mining and CATL, alongside institutions such as NIO Capital, Eight Roads, Hony Capital and Gaocheng Capital.

Zijin Mining — the world’s third-largest mining company by market capitalisation — first recognised the value of EACON’s technology in 2021, leading the company’s Series B1 round, and added more than RMB 300 million alongside other institutions in 2024. Ahead of EACON’s listing application, CATL invested over RMB 400 million to co-lead its Series D round. In this offering, Zijin returns as a cornerstone investor, with its global resource footprint expected to support EACON’s international expansion. XCMG, a construction-machinery manufacturer consistently ranked among the world’s top three and number one in China, has also come in as a cornerstone investor — underscoring how EACON has become a pivotal connector between mine operators and equipment manufacturers across the value chain.

Beyond industrial-sector backing, EACON has drawn a broad base of global long-term capital, including top-ten international asset managers Fidelity International, J.P. Morgan and Barings; multi-strategy funds Indus Funds, Jain Global and Regal; emerging US manager Seven Grand; and leading Chinese long-term investors GF Funds and CDH. Notably, Regal (ASX: RPL), an Australian asset manager founded in 2004 with a strategy heavily weighted toward resources and mining, is participating as a cornerstone investor in a Hong Kong IPO for the first time in more than two decades — signalling confidence in EACON’s prospects for expansion into the Australian market.

From 30 Mines to a US$7.3 Billion Global Market by 2030

The depth of this cornerstone lineup reflects EACON’s commanding industry position. The company is the first — and currently only — operator to deploy a fleet of more than 2,500 active autonomous mining trucks, giving it a 55.5% share of China’s autonomous mining solutions market by vehicle count in 2025, across coal, metal and non-metal mining sites.

EACON’s solutions are deployed across 30 mines operated by groups including CHN Energy, SPIC and TBEA, covering 19 of the 41 domestic open-pit coal mines with approved annual capacity above 10 million tonnes and 7 of the country’s top 12 large open-pit coal mines by approved capacity. EACON has ranked first by scale in China’s autonomous mining services market for two consecutive years.

As of 31 December 2025, EACON operated 2,580 active autonomous mining trucks, the largest fleet globally. Annual haulage mileage rose from 4.6 million to 61.8 million kilometres, and annual material volume grew from 30.6 million to 308 million cubic metres, while the company maintained a safe operating record for six consecutive years. According to Frost & Sullivan, the global autonomous mining solutions market is projected to grow from approximately US$1 billion in 2025 to US$7.3 billion by 2030, a compound annual growth rate of approximately 47.4%.

As artificial intelligence converges with the physical world, autonomous driving is emerging as a critical link in the physical-AI value chain. Through its scaled deployment of autonomous trucks and digital mining platforms, EACON has built a closed-loop system spanning mining-focused embodied intelligence, physical AI and spatial intelligence — a barrier built on physical data collection, mechanism-based reasoning and global coordination, positioning the company for accelerating near-term automation in open-pit mining and significant medium-to-long-term upside.

As autonomous mining trucks take on work in hazardous environments, the technology is becoming a core driver of the broader shift toward intelligent, large-scale mining operations — enhancing safety while opening the door to commercialisation across the sector. Backed by a deep bench of capital, EACON is positioning itself at the forefront of that transition.

Media Contact: 
16557476@qq.com

State Grid Jinchang’s Carbon Reduction Case Selected into the Case Collection of State Grid Exhibition Area at the 4th Shanghai International Carbon Neutrality Expo

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JINCHANG, China, June 29, 2026 /PRNewswire/ — The low-carbon development case Factor Empowerment, Green Revitalization of Nickel Capital: Practical Application of City-Zero Carbon Park-Enterprise Three-level Power Carbon Factor Accounting and Dual Domestic and International Product Certification in Jinchang, compiled and submitted by State Grid Jinchang Power Supply Company, has been successfully selected into the case collection of the State Grid Exhibition Area at the 4th Shanghai International Carbon Neutrality Expo. Centering on the construction of zero-carbon parks in Jinchang, the case boasts outstanding technological innovation, industrial advancement and practical application value.

The case innovatively constructs a three-level power carbon emission factor accounting system covering cities, parks and enterprises, which greatly reduces deviations in carbon emission accounting and realizes refined, standardized and accurate carbon data calculation. Adopting an enterprise-level refined power carbon factor calculation model and taking nickel-based new material products as the certification pilot, the company has obtained both international IECQ carbon footprint certification and domestic product carbon footprint certification through a unified accounting system, achieving the innovative model of “one-time accounting and dual domestic and international certification”.

Supported by physical low-carbon products and a traceable carbon footprint QR code system, the case effectively converts the data value of power grid resources into core low-carbon competitiveness for local industrial products. Furthermore, it establishes a replicable and promotable practical paradigm for the construction of regional zero-carbon parks, low-carbon industrial transformation and standardized product carbon footprint certification, providing mature and implementable practical experience and innovative approaches for the high-quality green and low-carbon development of cities.

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