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Auto China 2026: GAC Upgrades Global Strategy, Accelerates Its Move into the Front Ranks of China’s Auto Export Powerhouses

BEIJING, April 28, 2026 /PRNewswire/ — All New GAC, Going Global!On April 24, at the Auto China 2026, GAC International held its first dedicated global launch event, unveiling an upgraded global strategy system. The event drew a larger audience than ever before, with approximately 330 attendees – including dealer representatives, key partners, and domestic and international media – gathering at the GAC booth to jointly open a new chapter in GAC’s global journey.

 

The launch event used four key words – Craftsmanship, Trust, Technology, and Ecosystem – to outline GAC’s global practice roadmap, systematically explaining its strategic direction of integrating into the world through full-chain globalization, and setting its sights on becoming a front-runner among China’s auto exporters by 2030. On the product front, three key models destined for global markets – GAC YUE7, AION i60, and AION N60 – took center stage, attracting swarms of overseas visitors, media, and guests who stopped to take in the display, giving the event a truly international flair.

In the past two years, GAC’s overseas business has shown strong, rapid growth. Overseas sales climbed from 45,000 units in 2023 to over 130,000 units last year – nearly a threefold increase, ranking among the fastest growth rates among Chinese auto exporters. Entering 2026, the momentum has accelerated further: overseas sales in the first quarter increased by 86% year-on-year, and GAC’s global overseas user base has officially surpassed 400,000. Currently, GAC International’s business covers 102 countries and regions across five continents, with more than 680 sales and service outlets, five overseas production bases, and nine overseas regional parts distribution centers worldwide. It has completed its strategic transformation from early product trade exports to deep local operations, gradually building global operational capabilities covering the full value chain of R&D, production, supply, and sales.

From “Intelligent Manufacturing in China” to “Globally Trusted,” GAC is accelerating its integration into the new landscape of the global auto industry with strategic determination, solid technological foundations, and deep local deployment. Just before the launch event, GAC International held its 2026 GAC International Partner Conference in Guangzhou, where over 700 distributors and partners from 87 countries and regions gathered under the theme “Driving Forward, Wining Together” to discuss global collaboration.

Nakheel awards contracts worth over AED 3.5 billion to build 544 villas on Palm Jebel Ali

DUBAI, United Arab Emirates, April 28, 2026 /PRNewswire/ — Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED 3.5 billion to Ginco General Contracting L.L.C and United Engineering Construction (UNEC) for the construction of 544 villas on Palm Jebel Ali, marking a major milestone in the delivery of one of Dubai’s most significant waterfront developments.

Palm Jebel Ali Aerial Render
Palm Jebel Ali Aerial Render

Under the awarded contracts, Ginco will construct 354 villas across Fronds A to D, while UNEC will deliver 190 villas across Fronds E and F. Construction is scheduled to commence this quarter, with completion targeted for Q4 2028.

Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: “The awarding of these contracts signals tangible progress in the delivery of Palm Jebel Ali, with construction now progressing across multiple fronds. As momentum continues to build, Palm Jebel Ali represents one of the most significant expansions of Dubai’s urban coastline in a generation and will play a key role in supporting the emirate’s long-term growth, further strengthening its global appeal as a great place to live, invest and visit.”

Spanning seven islands across 13.4 kilometres, with 16 fronds and more than 90 kilometres of beachfront, Palm Jebel Ali is being developed as a world-class waterfront destination and a major contributor to Dubai’s future urban expansion.

The latest contract awards represent continued progress against the Palm Jebel Ali masterplan and support the objectives of the Dubai 2040 Urban Master Plan and Dubai Economic Agenda D33, reinforcing the emirate’s long-term vision for sustainable, high-quality communities.

The awards follow the unveiling of Palm Jebel Ali’s Beach and Coral Collection villas, developed in collaboration with leading international architects. The destination will also include Palm Central Private Residences, offering a connected expression of island living that brings together architecture, community and resort-style comfort.

Further enhancing the island’s community infrastructure, Palm Jebel Ali will feature a 9,000 sqm retail centre and a Friday Mosque designed by Skidmore, Owings & Merrill. Designed to accommodate up to 1,000 worshippers, the mosque will serve residents and visitors across the destination.

Click here to watch the video.

 

Palm Jebel Ali Bluejay Villa
Palm Jebel Ali Bluejay Villa

 

EarFun Ushers in a New Era of Wireless Audio with Launch of First Hi-Res AI-Powered Clip 2 Earbuds

SANTA MONICA, Calif., April 28, 2026 /PRNewswire/ — EarFun, a leading innovator in wireless audio technology, today announced the launch of its groundbreaking EarFun Clip 2 earbuds, setting a new standard for comfort, performance, and affordability. Packed with cutting-edge features including AI translation, Hi-Res audio, and a groundbreaking ergonomic design, the EarFun Clip 2 earbuds redefine the wireless listening experience.

EarFun Clip 2: The World’s 1st Hi-Res Comfort Ear-Clip Earbuds with AI Translation
EarFun Clip 2: The World’s 1st Hi-Res Comfort Ear-Clip Earbuds with AI Translation

Unlocking Language Barriers with Instant AI Translation

Breaking down language barriers has never been easier with the EarFun Clip 2 earbuds’ groundbreaking AI translation feature. According to EarFun, the innovative Clip 2 by EarFun isn’t just about passive listening but about engaging the world around you. Supporting over 100 languages, these earbuds empower users to connect with individuals from other places and cultures with seamless real-time translation. EarFun offers this feature in their companion EarFun Audio app, where you can also select a host of other customization features for how you use the Clip 2.

Unrivaled Comfort for All-Day Wear

The EarFun Clip 2 earbuds prioritize user comfort with a meticulously designed C- Shaped Bridge and a slim 0.5 nickel-titanium body. Based on extensive real-world testing, involving over 20,000 flex tests and 10 months of user data, this innovative design seamlessly contours to the unique shape of each ear, eliminating fatigue and providing a pressure-free experience even for extended wear. Weighing just 5.5g, the open-ear EarFun Clip 2 earbuds feel incredibly light, allowing users to seamlessly integrate them into their daily routines.

Audio Resolution Powerhouse with True Spatial Immersion

Powered by a 12mm dual-magnetic titanium composite driver and EarFun’s innovation BassSurge™ tech, these earbuds deliver deep, resonant bass and crystal-clear highs across a wide spectrum. Along with being LDAC-certified, the Clip 2 demonstrates EarFun’s commitment to showcasing the true potential of its expertly tuned titanium drivers. The advanced Spatial Stage Technology and theater mode by EarFun ensures an immersive listening experience when watching movies or gaming. Music feels more expansive and engaging, while audio in games and movies becomes more immersive and directional, enhancing your sense of presence with pinpoint accuracy. Additionally, the Clip 2’s ultra-low-latency mode makes it an ideal pair for gamers and video streamers who need reliable audio and visual synchronization for an immersive, uninterrupted experience.

Dual Connectivity and Professional Call Quality

Equipped with Bluetooth 6.0 technology, the EarFun Clip 2 earbuds offer lightning-fast and secure connections by taking advantage of the latest cutting-edge Bluetooth chip topology. Multipoint Connection functionality allows for simultaneous pairing with up to two devices, ensuring seamless transitions between calls and music. Android users can enjoy the convenience of Google Fast Pair for a hassle-free setup experience. EarFun’s advanced quad-microphone AI-powered environmental noise cancellation (ENC) system meticulously filters out distracting background noise, ensuring your voice comes through loud and clear.

Reliable Battery Life and Rigorous Design

Enjoy up to 11 hours of continuous playtime on a single charge with up to 40 total hours with the USB-C rechargeable case. The EarFun Clip 2 earbuds also feature a quick charge function, providing 2.5 hours of playback with just 10 minutes of charging. With an IP55 waterproof rating, these earbuds are built to withstand the rigors of workouts and outdoor adventures.

EarFun App: Personalized Audio Experience

The EarFun App provides users with unparalleled control over their listening experience. Customize settings to your liking, including adjusting controls, exploring listening modes, and fine-tuning EQ presets. Intuitive button controls on the earbuds allow for effortless playback management, volume adjustments, and call answering, eliminating the worry of accidental touches. And with Siri and Google Assistant available, the Clip 2 works in every software ecosystem.

Pricing and Availability

The EarFun Clip 2 now available on EarFun’s official website and Amazon store at $79.99.

For more information on EarFun Clip 2 and the rest of the EarFun wireless audio collection, visit www.myearfun.com.

About EarFun

EarFun, an audio brand established in California in 2018, is run by an experienced group of industrial designers, acoustic engineers, and music enthusiasts who share the goal of creating next-generation wireless audio devices. Driven by a passion for music and a commitment to delivering solutions that use the latest technology to improve sound for wireless audio products, EarFun has become one of the most acclaimed wireless audio brands worldwide within just 3 years.

Ulike Hosts Glow State of Mind Wellness Events Across Santa Monica and New York

LOS ANGELES, April 28, 2026 /PRNewswire/ — While Ulike tops Amazon’s list for the best IPL hair removal devices, that achievement is secondary to the brand’s true focus and reputation. The brand has always been primarily centered around supporting women worldwide, restoring their confidence and sense of self, and facilitating at-home wellness for them.

Guided by the same mission, Ulike organized Glow State of Mind as the first in a series of events that form part of a broader, ongoing initiative. Glow State of Mind brought an intimate wellness and self-care experience to two of the country’s most exciting cities on the West and East coasts, respectively: Santa Monica and New York, this past weekend on April 25.

The brand partnered with renowned wellness spaces in the two cities: The Class Yoga Studio in Santa Monica and SENSE+ Skincare & Wellness in New York. Together, they hosted an afternoon of deep restoration and grounding, tailored to bring women’s attention back to themselves, their bodies, and their wellness.

In Santa Monica’s yoga studio, attendees spent their afternoons moving through the carefully designed phases of the event. The first phase involved a guided session of fluid, high-energy yoga to bring participants fully into the present, clearing the noise and clutter from their minds while warming up their bodies.

Following the first session was a Cool Down phase that included immersive movement to quiet the mind and restore the body. This phase featured slow, low-intensity postures to bring participants’ heart rate back to normal and give them the last few crucial stretches.

The last phase of the event featured a hands-on demo of Ulike’s IPL hair removal devices and LED facial mask in a dedicated lounge. Attendees took their time with the devices, cycling through their modes and clarifying all their queries.

The New York event was a premium wellness experience designed to immerse attendees in a self-care journey. It combined guided meditation, sound healing, and elevated beauty technology in a luxury spa environment.

It involved a KOL check-in upon arrival, followed by an instructor-led meditation, mindfulness, breathwork, and sound healing session. Guests were then guided by a professional beauty consultant through Ulike’s full product line, with exclusive private shopping sessions available.

Leona Liu, General Manager at Ulike, remarked, “Glow State of Mind marks Ulike’s intentional step into the wellness space, and this is only the beginning. We envision this as an ongoing series, bringing restorative and community-centered experiences to women across the country’s most vibrant cities.”

Glow State of Mind was more than a one-afternoon wellness class. It was a well-thought-out experience designed to extend the feeling of calm, presence, and stillness beyond the moment. Attendees left with the kind of mindful confidence that stays with them. Ulike’s goal was simple: to help women carve out time for movement and mindfulness, so they could carry that renewed inner peace and self-assurance back into their daily lives.

About Ulike
Since 2013, Ulike has harnessed the power of clinical technology to produce luxurious, comfortable, and cost-effective IPL at-home hair removal devices. FDA-cleared, clinically tested, and dermatologist-recommended, Ulike devices feature the latest IPL and Sapphire Ice Cooling technologies, providing an excellent alternative to laser treatment for long-lasting hair removal from head to toe. Since its inception, the brand has grown into a global leader in IPL at-home beauty devices, with over 8 million units sold across 49 countries and regions worldwide. As a beauty-tech innovator, Ulike allocates 30% of its annual profits to research and development, securing over 1000 global patents and achieving international success.

Discover more at ulike.com

PRESS CONTACT
Alessio Bradde
Global Communications & PR Senior Manager
alessiobradde@ulike.com

AluHouse Debuts North American Steel Modular Solution at 2026 World of Modular, Securing Four Industry Awards

LAS VEGAS, April 28, 2026 /PRNewswire/ — AluHouse Group, a Hong Kong-based modular manufacturer, made its North American debut from April 20-23 at the Modular Building Institute (MBI)’s 2026 World of Modular held in Las Vegas, Nevada, where the company presented a seven-story steel modular multifamily project that is now moving toward delivery in the U.S., while also taking home four Awards of Distinction for two completed projects in Hong Kong.

As the only modular building manufacturer from Asia specializing in mid- to high-rise modular construction to exhibit at 2026 World of Modular, AluHouse placed at the center of its exhibition a physical model and technical display of a multifamily project based in California. Designed and manufactured fully in line with the U.S. national and state-level building codes, the project has already cleared mock-up module inspection and is transitioning into mass production. The modules, measuring 50 feet in length and 15 feet in width, reach a prefabrication level of over 95%, showcasing how modern building construction is moving complexity off-site while enhancing precision, accelerating delivery, and ensuring reliable performance.

“The showcase is a defining step for us,” said Eric Kwong, Founder and Chairman of AluHouse Group. “Our entry into the US market goes beyond business expansion. It’s about proving that modular construction, when executed to the highest standards, can meaningfully address housing shortages across the U.S. and Canada with speed, quality, affordable, and consistency, particularly at a time when a structural shift in trade and labor policies are driving up the materials and labor costs. We are building long-term partnerships here with both local and global expertise, not just delivering projects as a supplier.”

“This debut also represents a major step forward in bringing Hong Kong’s innovative Modular Integrated Construction (MiC) technology to the global market,” he added. “The development of the MiC sector in Hong Kong has been supported by consistent policy initiatives and industry guidance from the Hong Kong SAR Government, which has enabled the technology to achieve significant maturity and scale within the global modular industry.”

The seven-story steel modular multifamily project on display at AluHouse’s booth consists of 36 modules designed and engineered in full compliance with the regional building standards, with all structural, MEP, and finishing work fully integrated within the factory. Following the prototype inspection and approval, the project has moved into mass production, with the modules now being prepared for delivery to the U.S.

“Meeting North American standards on our first major project required absolute alignment across design, engineering, and manufacturing,” said Paul Law, Director of AluHouse. “The successful design and manufacturing of this project proves our ability to achieve that synergy. With a dedicated local team now in place, we are ready to support developers and owners on projects that demand both speed and certainty.”

AluHouse’s push into the U.S. market is backed by technical capability few in the industry can match. The company is one of the largest modular construction manufacturers in the world and among the few operating globally across steel, concrete, and aluminum modular systems, with proven experience in high-rise construction exceeding 40 stories. This includes a landmark social housing project previously delivered in Hong Kong, which comprised nearly 16,000 modules in a high‑rise steel structure and was recognized as one of the world’s largest of its kind, demonstrating AluHouse’s strength in large-scale manufacturing and rapid project delivery. Its production network, anchored by two major facilities in China’s Greater Bay Area and Saudi Arabia, delivers a combined annual capacity of up to 78,000 modules, providing the scale required to execute large, complex projects with speed and precision.

To date, AluHouse has completed more than 200 projects worldwide, delivering over 27,000 modules across Australia, New Zealand, the Middle East, and Greater China, with North America now emerging as the next frontier as its first U.S. project moves into production. Its vertically integrated supply chain spans steel fabrication, concrete production, aluminum extrusion, mould systems, aluminum windows and curtain wall manufacturing, and full module assembly, shortening lead times, ensuring consistency, and strengthening cost control, all supported by proprietary digital systems that connect design, production, and delivery into a single workflow.

AluHouse’s leadership was further bolstered by prestigious recognition at the MBI Awards of Distinction, where it secured four major honors for its landmark projects in Hong Kong, a city with rigorous safety standards, complex regulatory frameworks, and high-quality demands that make it one of the world’s most stringent construction markets globally.

The recognitions include two “Best of Show” awards, which represent the highest level of peer-voted recognition for project excellence at the event. Determined by the votes of conference delegates to identify the most distinctive projects in each major category, these awards were conferred upon:

  • Best of Show: Permanent Modular Education (P.L.K Siu Hon Sum Primary School)
  • Best of Show: Relocatable Modular Social & Supportive Housing (Choi Hing Road Transitional Housing)
  • Permanent Modular Education Honorable Mention (P.L.K Siu Hon Sum Primary School)
  • Relocatable Modular Social & Supportive Housing Honorable Mention (Choi Hing Road Transitional Housing)

The company’s Choi Hing Road Transitional Housing project, which won an award in the Relocatable Modular Social & Supportive Housing Category, stands as the tallest steel modular transitional housing development in Hong Kong at eight stories, featuring Q690 (equivalent to ASTM A514 Grade Q) high-strength steel to achieve both structural performance and rapid delivery. The project adopts a hybrid approach that integrates newly constructed modules with relocated modular units from previous developments, demonstrating both efficient resource reuse and flexible deployment. The Po Leung Kuk Siu Hon Sum Primary School project is Hong Kong’s first fair-faced concrete modular campus, which won an award in the Permanent Modular Education Category.

“While these projects follow Hong Kong’s building codes, they demonstrate AluHouse’s ability to navigate complex regulatory environments, a skill directly transferable to the diverse code landscape across U.S. states. These outstanding modular projects in Hong Kong embody the quality and innovation developed locally, showcasing how ‘Hong Kong manufacturing’ can be transformed into ‘global application’ through AluHouse’s expansion into markets such as North America,” said Eric Kwong.

About AluHouse Group

AluHouse is a global leader in modular construction, delivering faster, safer, and more sustainable building solutions. Headquartered in Hong Kong, the company provides end-to-end services covering R&D, design, manufacturing, transportation, and on-site installation across steel, concrete, and aluminum modular systems. Its products span a wide range of sectors, including residential housing, apartments, schools, student housing, workforce accommodation, hospitals, and public facilities, addressing the needs of markets facing labor shortages and rising costs. AluHouse’s services extend across North America, Hong Kong, Mainland China, the Middle East, Australia, New Zealand, and beyond.

For more information, please visit:

Website: www.aluhouse.com

LinkedIn: https://www.linkedin.com/company/aluhouse-company-limited/

Facebook: https://www.facebook.com/AluHouseALPOD/ 

YouTube: https://www.youtube.com/@aluhouse5503

AluHouse founder and Chairman Eric Kwong (third from left) receives an award from Modular Building Institute (MBI) Chairman Stephan Shang (second from right)
AluHouse founder and Chairman Eric Kwong (third from left) receives an award from Modular Building Institute (MBI) Chairman Stephan Shang (second from right)

 

AluHouse staff introduce the upcoming U.S. multifamily project to clients at the booth
AluHouse staff introduce the upcoming U.S. multifamily project to clients at the booth

 

Real-life images of the awarded Choi Hing Road Transitional Housing Project and the Po Leung Kuk Siu Hon Sum Primary School project
Real-life images of the awarded Choi Hing Road Transitional Housing Project and the Po Leung Kuk Siu Hon Sum Primary School project

 

Group photo of the AluHouse team, with AluHouse founder and Chairman Eric Kwong at the center
Group photo of the AluHouse team, with AluHouse founder and Chairman Eric Kwong at the center

 

Media Contact: Kira Li, kira.li@aluhouse.com

Hikvision releases 2025 full-year and 2026 first-quarter financial results

HANGZHOU, China, April 27, 2026 /PRNewswire/ — Hikvision has released its full-year 2025 and first-quarter 2026 financial results, demonstrating steady growth and enhanced operational quality.

Hikvision releases 2025 full-year and 2026 first-quarter financial results
Hikvision releases 2025 full-year and 2026 first-quarter financial results

For the fiscal year 2025, the company reported a total revenue of RMB 92.51 billion (USD 12.95 billion[1]), representing a YoY increase of 0.01%. Net profit was RMB 14.20 billion (USD 1.99 billion), up 18.52% YoY. Underscoring its robust cash flow, the company announced an expected total cash dividend of RMB 10.54 billion (USD 1.48 billion) for 2025, representing a 74.25% payout ratio.

The company maintained strong momentum entering 2026. In the first quarter, total revenue reached RMB 20.72 billion (USD 2.90 billion), up 11.78% YoY, while net profit grew by 36.42% YoY to RMB 2.78 billion (USD 0.39 billion). Notably, the gross profit margin in Q1 improved by 4.16 percentage points, reaching 49.09%.

AIoT strategy fuels global growth

Building on two decades of industry leadership, Hikvision has solidified its AIoT footprint. This strategic evolution is yielding tangible results, evidenced by its steady 2025 growth and strong start to 2026.

Throughout the past year, the company’s main business revenue from overseas markets rose to RMB 27.22 billion (USD 3.81 billion), accounting for 29.42% of total revenue. Emerging markets, in particular, delivered sustained, robust growth.

Beyond its video offerings, Hikvision’s non-video categories, including access control, alarm systems, and commercial displays, experienced fast-paced growth and served as a strong engine for revenue. Additionally, the innovative business remained highly competitive, generating RMB 25.45 billion (USD 3.56 billion) in revenue and contributing 27.51% to the overall revenue.

Advancing Large-Scale AI Models

Hikvision actively advances AIoT technologies, with its Guanlan Large-Scale AI Models integrating vision, language, and multimodal capabilities into products, significantly improving accuracy and efficiency in complex environments. For instance, the application of Audio Large-Scale Models in equipment quality inspection increases the detection rate of defective components by 70%.

Built upon its foundational capabilities, Hikvision has successfully deployed industry-specific models across various sectors, including intelligent manufacturing, logistics, and environmental protection.

Sustained commitment to R&D and innovation

Technological innovation remains the driving force behind Hikvision’s development. In 2025, the company invested RMB 11.75 billion (USD 1.65 billion) in R&D, representing 12.70% of its total revenue. Over the past six years, cumulative R&D investment has exceeded USD 8 billion, consistently dedicating over 10% of its annual revenue to R&D.

This sustained investment has fortified the company’s intellectual property portfolio. By the end of 2025, Hikvision had accumulated 12,981 authorized patents globally, of which invention patents accounted for 57%.

Looking ahead

As Hikvision marks its 25th anniversary this year, the company remains driven by its founding commitment to the right things and staying on the right path. Moving forward, Hikvision will focus on high-quality growth, continuous innovation, and operational efficiency to deliver enduring value for its customers, partners, and stakeholders worldwide.

For Hikvision’s 2025 Annual Report, please check here.

[1] USD amounts converted at the 2025 average rate of USD 1 = RMB 7.1429 (CFETS)

 

Republic Power Group Limited Announces Strategic Investment and Technology Access Agreement to Enter High-Growth RWA Tokenization and Blockchain Infrastructure Markets

Transaction Marks First Phase of RPGL’s Expanded Digital Asset Strategy, Providing Equity Stake in NVC Partners and Institutional-Grade RWA Platform Capabilities

SINGAPORE, April 27, 2026 /PRNewswire/ — Republic Power Group Limited (NASDAQ: RPGL) (“RPGL” or the “Company”), a Singapore-based enterprise software and technology solutions provider, today announced that it has entered into a definitive transaction involving (i) the acquisition of a strategic equity interest in NVC Partners Limited, and (ii) a technology services and platform enablement arrangement with NVTH Limited and its affiliate NVTHK Limited (collectively, “NVT”).

Under the transaction, RPGL has acquired a 10% equity interest in NVC Partners Limited, a company focused on providing blockchain-based infrastructure and operation support for RWA tokenization. In parallel, RPGL has entered into a technology agreement under which it will obtain rights and access to proprietary digital asset platform technologies, including a real-world asset (“RWA”) tokenization system and a related secondary trading infrastructure, together with associated technical capabilities development, support, and ongoing maintenance services.

Strategic Expansion into Digital Asset Infrastructure

This transaction represents a significant step in RPGL’s expansion into blockchain-enabled financial infrastructure and digital asset markets and positions the Company to compete in the fast-growing real-world asset (“RWA”) tokenization sector. By integrating blockchain-based workflows into its existing enterprise software ecosystem, RPGL aims to enhance its service offerings and expand into institutional digital finance and capital markets solutions. The Company intends to leverage its established client base across Singapore, Hong Kong, and Southeast Asia to drive adoption among regulated institutions and enterprise clients.

Management Commentary

Ziyang Long, Chief Executive Officer of RPGL, commented:

“This transaction marks a major milestone in RPGL’s evolution into a technology-driven platform company with capabilities in digital finance infrastructure. By combining our enterprise systems expertise with access to institutional-grade blockchain technology, we are positioning RPGL to participate in the next wave of capital markets innovation, particularly in real-world asset tokenization and compliant digital asset solutions.”

A representative of NVT added:

“RPGL’s strong institutional relationships and enterprise integration capabilities make it a strategic partner for expanding the adoption of digital asset infrastructure. We believe this collaboration will accelerate deployment of tokenization solutions across Asia.”

Technology Platform Overview

The platform technologies made available to RPGL include a comprehensive real-world asset tokenization system designed to support the digital issuance of financial instruments, alongside a secondary trading infrastructure that facilitates both institutional and peer-to-peer transactions. These technologies are supported by integrated compliance, settlement, and blockchain execution modules, enabling secure and efficient end-to-end transaction workflows. The platform is built on a scalable architecture that allows for seamless enterprise deployment and integration with existing systems. In addition, RPGL will receive technical training, ongoing system support, and maintenance services to ensure effective deployment and commercialization of the platform.

Market Opportunity

The global RWA tokenization market is one of the fastest-growing segments in financial technology, and RPGL is positioning itself to capture this opportunity at an inflection point. On-chain tokenized RWA value reached $27.7 billion in April 2026, representing a staggering 300% year-on-year increase from $6.6 billion in April 2025 and a nearly 245-fold increase from $85 million in 2020. Broader market research, inclusive of institutional tokenization activity across both public and private blockchains, values the market at approximately $418.57 billion in 2026, growing at a CAGR of 63.6%, and is projected to reach $3 trillion by 2030. RPGL believes this expansion will be supported by increasing regulatory clarity in key financial hubs such as Hong Kong and Singapore, alongside rising participation from institutional investors. In addition, the growing demand for more efficient, transparent, and cost-effective capital markets infrastructure is expected to further accelerate the long-term adoption of tokenization technologies.

About Republic Power Group Limited

Republic Power Group Limited is a provider of customized enterprise resource planning (ERP) software solutions, consulting services, and technical infrastructure support for corporate and institutional clients across Singapore, Malaysia, and Hong Kong.

For more information, please visit: https://republicpower.net/

About NVT

NVTHK Limited is a Hong Kong-based Fintech company established in 2019.

 NVTHK, as a full-stack business solutions provider, has the capability to provide enterprises and financial institutions with strategic, technical and operational advisory and support services in relation to blockchain initiatives, including RWA tokenization frameworks, distributed ledger payment infrastructure and related platform architecture with the goal of  bridging traditional finance and Web3.  NVT has built one of the largest integrated ecosystem that enables seamless connectivity and value flow between clients, assets, and markets.

Over the past two years, NVT has supported a series of landmark transactions including Hong Kong’s first tokenized security under Hong Kong law for GF Securities (Hong Kong), the first transferable tokenized repackaging notes, Short-Term Asset-Backed Liquidity Note Token (STBL) for Cinda International Asset Management Limited, and Hong Kong’s first tokenized Limited Partnership Fund with Golden Continent Asset Management. NVT also provided the blockchain infrastructure for Hong Kong’s first CNH-denominated tokenized bond (CNH 500 million) issued by Shenzhen Futian Investment Holdings Co., Ltd., listed on the Macau and Shenzhen exchanges.

Beyond financial institutions, NVT has cultivated strategic partnerships with industry leaders across several high-growth sectors, including robotics, new energy, AI computing, and data centre infrastructure. These partnerships represent concrete, real-world tokenization use cases in industries collectively addressable by trillions of dollars in assets — signaling that RWA tokenization is rapidly expanding beyond capital markets into the broader digital economy.

These successful cases highlight NVT’s multi-dimensional capabilities, market credibility, combining technological innovation, coordination excellence, and compliance expertise to drive the adoption of RWA tokenization. NVT continues to bridge traditional and digital finance and empower institutions to thrive in global markets.

For more information, visit www.nvt.com.hk.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company has attempted to identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, regulatory developments, and other factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) including the “Risk Factors” section of the Company’s most recent Annual Report on Form 20-F as well as in its other reports filed or furnished from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC, which are available for review at www.sec.gov.

World Internet Conference Asia-Pacific Summit 2026 concludes, gathering global technology dignitaries to deepen Asia-Pacific digital collaboration

HONG KONG, April 27, 2026 /PRNewswire/ — Hosted by the World Internet Conference (WIC), organised by the Hong Kong Special Administrative Region (HKSAR) Government, and co-organised by the Innovation, Technology and Industry Bureau, the 2026 WIC Asia-Pacific Summit was held in Hong Kong on 13-14 April 2026 and concluded successfully. The two-day international flagship event brought together around 1000 global innovation and technology (I&T) stakeholders, including government and business leaders, representatives from international organisations, experts and scholars from over 50 countries and regions. The Summit further deepened regional digital cooperation, showcased Hong Kong’s progress and advantages in driving digital transformation and AI governance, and reinforced its position as an international I&T centre and a two-way platform connecting the country and the world.

The Summit focused on a range of frontier technology topics, including AI security and governance which is of great concern to the industry. Speaking at the related forum, the Acting Commissioner for Digital Policy, Mr. Daniel Cheung, outlined Hong Kong’s approach to balancing AI development with regulated use, which is in line with the National 15th Five-Year Plan. He added that the HKSAR Government is accelerating AI industrialisation while fostering a trusted ecosystem for safe applications.

Opening ceremony of the World Internet Conference Asia-Pacific Summit 2026.
Opening ceremony of the World Internet Conference Asia-Pacific Summit 2026.

Mr. Cheung emphasised that the upcoming Hong Kong Artificial Intelligence Research and Development Institute (AIRDI) would play a crucial role. He said, “The AIRDI will provide safety assessments and compliance consulting services, enabling enterprises to train and test AI models in secure and standardised environments that meet international benchmarks. The AIRDI will also foster cross-sector and inter-regional collaboration on AI standardisation. We encourage the public and enterprises to embrace AI with confidence and security, and work together to build a secure, open and responsible AI ecosystem.”

Acting Commissioner for Digital Policy, Mr Daniel Cheung, addresses the World Internet Conference Asia-Pacific Summit 2026.
Acting Commissioner for Digital Policy, Mr Daniel Cheung, addresses the World Internet Conference Asia-Pacific Summit 2026.

Mr. John Hoffman, CEO of GSMA Ltd, highly commended Hong Kong’s advantages demonstrated as the host of the Summit. He remarked, “Hong Kong has been the epicentre of East meets West. It plays a pivotal role in digital transformation and, together with its strengths in mobile technologies is critical to global innovation. Also, the Summit provides great opportunities to showcase innovation and digital transformation along with the mobile ecosystem here in Hong Kong.”

CEO of GSMA Ltd, Mr John Hoffman, attends the World Internet Conference Asia-Pacific Summit 2026.
CEO of GSMA Ltd, Mr John Hoffman, attends the World Internet Conference Asia-Pacific Summit 2026.

Mr. Leonard Chan, Founding Chairman of the Hong Kong Innovative Technology Development Association, attended the Summit for the second consecutive year and highlighted Hong Kong’s strategic advantages. He noted, “Hong Kong is truly one of a kind as a platform that bridges international practices and helps leading Mainland enterprises go global. This is my second time attending the WIC Asia-Pacific Summit. As with last year, the Summit is an excellent platform that brings together global experts, providing business and academic communities with opportunities for in-depth exchanges. The successful hosting of the Summit is a testament to Hong Kong’s unique position as an international I&T centre.”

Founding Chairman of the Hong Kong Innovative Technology Development Association, Mr Leonard Chan, attends the World Internet Conference Asia-Pacific Summit 2026.
Founding Chairman of the Hong Kong Innovative Technology Development Association, Mr Leonard Chan, attends the World Internet Conference Asia-Pacific Summit 2026.

The Summit successfully created a high-level platform for international exchange through the Ministerial Meeting, the Government-Enterprise Dialogue, various thematic forums and technology showcases. Moving forward, the HKSAR Government will continue to leverage its distinctive advantages of having strong support from the motherland and close connection with the world to accelerate Hong Kong’s development as an international I&T centre and contribute towards building a community with a shared future in cyberspace.