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Synagistics and Mei Entertainment Launch AI-powered Ecommerce Brand MASYN

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Cross-Border Collaboration Accelerates Brand IP Commercialisation
Ushering in a New Model for Southeast Asia’s AI Commerce Business

HONG KONG, June 11, 2026 /PRNewswire/ — Synagie, the digital commerce arm of Synagistics Limited (“Synagistics”, Stock Code: 2562.HK), and Mei Ah Entertainment Group (“Mei Ah Entertainment“), today announced a strategic partnership to launch MASYN, a new AI-powered ecommerce project that combines AI content creation, data validation and cross-border ecommerce operations to pioneer a new model of consumer brand development and regional ecommerce expansion across Southeast Asia.

The collaboration brings together two distinct but complementary industry capabilities: Mei Ah Entertainment’s strengths in AI content, creative storytelling, product development and supply chain integration, and Synagie’s AI commerce infrastructure, ecommerce operations and market experience in Southeast Asia. Together, they are pioneering a new model of AI-powered product IP development — one that is asset-light, low-risk, and built for scale.

MASYN: A New AI-powered Brand Commercialisation Engine

MASYN is built to demonstrate and deliver a new model of AI-powered brand development – utilising market intelligence, digital content and ecommerce infrastructure to support scalable and asset-light regional expansion.

The initiative will integrate Synagie’s AI commerce capabilities with Mei Ah Entertainment’s AI content production capabilities, covering Southeast Asia’s most active digital commerce platforms. The scope of application includes AI-generated content, livestream commerce, short-form video marketing, while simultaneously utilizing digital commerce platforms such as TikTok Shop for data-driven product testing and market validation.

The launch of MASYN also marks an important step in the Group’s development of an AI-driven brand incubation and cross-border ecommerce commercialisation framework, combining AI commerce infrastructure, content-driven consumer engagement and cross-border ecommerce execution capabilities into a scalable Southeast Asia market expansion model for Asian brands.

“At Synagie, MASYN represents more than a consumer brand collaboration — it is the first-of-its-kind deployment of a scalable AI commerce and IP commercialisation model that we believe can be replicated across multiple consumer categories and markets by combining AI-driven market intelligence, digital commerce infrastructure and content-driven marketing capability. We are building a more asset-light and efficient pathway for Asian brands to enter Southeast Asia.” said Olive Tai, CEO and Co-Founder of Synagie.

She added: “MASYN is not positioned solely as a jewelry brand, but as a scalable commercialisation model. We believe the future of IP commercialisation will extend beyond products alone into three core areas — brands, creators and content. Through the integration of AI commerce, content marketing and cross-border ecommerce capabilities, we aim to help Asian brands and IPs scale more effectively across Southeast Asia.”

Mei Ah Entertainment Bridging Content, Commerce, and Consumer Engagement

The name MASYN combines “MA” from Mei Ah Entertainment and “SYN” from Synagie, reflecting the convergence of entertainment, technology and commerce capabilities across Asia. MASYN is the first launch of an AI-driven ecommerce model, bringing together creative collaborations from around the world under one commercialisation infrastructure.

Mei Ah Entertainment will contribute its expertise in AI content, IP, product development and supply chain resources, and will leverage its self-developed AI platform “Wuji” to support MASYN with ecommerce content creation, product development and commercialisation execution; Synagie will provide AI commerce technology, ecommerce operations, digital marketing execution and Southeast Asia regional market capabilities. The two parties will jointly drive MASYN’s brand commercialisation and regional expansion.

The platform will utilise AI-powered consumer insights, real-time market testing and data analytics to support product positioning, pricing strategies and regional market deployment, further enhancing commercialisation and cross-border expansion efficiency.

Mr. Li Tang Yuk, Executive Director and Chief Executive Officer of Mei Ah Entertainment Group Limited, said: “AI is reshaping how content is produced and commercialised. Mei Ah Entertainment’s self-developed AI platform ‘Wuji’ will be extended into this collaboration to support short video production and ecommerce content creation. Through MASYN, we hope to explore a new model driven by AI content, data validation and supply chain support, and to extend it to more product categories and markets, helping more brands expand into Southeast Asia.”

Synagistics and Mei Ah Entertainment Strengthen “AI + IP + Cross-border Ecommerce” Strategy to Accelerate Southeast Asia Expansion

The collaboration marks both parties’ strategic expansion beyond traditional ecommerce services towards an “AI + IP + Cross-border Ecommerce” growth strategy, further accelerating the regional layout in Southeast Asia. As one of the world’s fastest-growing digital commerce regions, Southeast Asia continues to see strong cross-border ecommerce demand and rising digital consumer adoption, creating significant opportunities for regional brand expansion.

Through MASYN, Synagie and Mei Ah Entertainment Group will integrate entertainment IP, AI-generated content, digital commerce infrastructure and data-driven market intelligence to develop a scalable and asset-light consumer brand growth model. Both parties believe IP commercialisation is no longer limited to products alone, but is increasingly expanding across three core areas — brands, creators and content. Through an integrated “IP → Content → Commerce” model, the initiative will combine creator-driven ecommerce, AI content marketing and cross-border digital commerce deployment to strengthen IP commercialisation and regional expansion capabilities.

The Group believes MASYN has the potential to generate approximately US$10 million in GMV (Gross Merchandise Value) across Southeast Asia over the next three to five years, supporting the Group’s broader strategy of expanding AI-driven brand IP commercialisation and cross-border ecommerce capabilities. Looking ahead, the Group also plans to expand into “IP Co-Development Services”, leveraging AI market intelligence, digital commerce infrastructure and Southeast Asia operational capabilities to support product incubation, cross-border ecommerce deployment and regional market expansion for China and Hong Kong brands. This will further consolidate and expand the Group’s business presence in AI commerce and the regional digital commerce market.

About Synagistics Limited (Stock Code: 2562.HK)

Synagistics is a Singapore-based AI & big data company listed on the Main Board of The Stock Exchange of Hong Kong Limited, recognised for completing the first-ever De-SPAC transaction in Hong Kong. Synagistics benefits from strong industry backing, enabling it to drive innovation and expand its influence in Asia’s rapidly evolving digital ecosystem. Synagistics is recognised as one of the top digital solutions provider in Southeast Asia and has provided its data-driven digital commerce platform Synagie to over 600 enterprises and renowned brands in the Southeast Asian market. With the launch of Geene in early March 2025, Synagistics has firmly established itself as a frontrunner in the rapidly evolving field of artificial intelligence, solidifying its position as a key leader in the global Al ecosystem and accelerating enterprise Al adoption and innovation.  The Company continues to expand its footprint across multiple markets including the Greater China region while championing digital and artificial intelligence transformation.

About Mei Ah Entertainment Group Limited 

Founded in 1984, Mei Ah Entertainment Group Limited is a leading producer and distributor of Chinese-language films and TV dramas in China. Mei Ah Entertainment owns an extensive library of over 600 Chinese-language films, encompassing numerous award-winning and box-office hits. Leveraging its rich content library, Mei Ah Entertainment has successfully expanded into multiple paid TV channels, including TVB Network Vision and Chunghwa Telecom MOD in Taiwan region, delivering popular movie and drama programs to a broad audience. The Company also operates cinemas in China, offering a total of over 2,000 seats, some of which feature state-of-the-art IMAX laser projection technology.

In 2026, Mei Ah Entertainment officially entered the short drama market. By capitalising on its substantial content library, proprietary high-quality IPs, and long-term collaborations with renowned film production teams, supplemented by its self-developed AI platform “Wuji” to accelerate and optimise short drama production efficiency, the Company aims to scale the creation of premium short dramas with “Hong Kong Characteristics” for distribution across both domestic and international markets, thereby pioneering new pathways for content monetisation.

As AI Infrastructure Takes Center Stage, Neurovia AI Highlights NeuroStream™ and New Leadership at UAE Industry Summit

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ABU DHABI, UAE, June 11, 2026 /PRNewswire/ — Robo.ai Inc. (NASDAQ: AIIO) announced that its wholly-owned subsidiary, Neurovia AI, officially participated in the 2026 UAE Data Center Infrastructure & Cloud Summit as an OFFICIAL AI INFRASTRUCTURE PARTNER. The event, held today in Abu Dhabi, marked the first public appearance of the company’s newly appointed Chief Operating Officer, Mr. Rashed Aleghfeli.

Rashed Aleghfeli, Chief Operating Officer, Neurovia AI.
Rashed Aleghfeli, Chief Operating Officer, Neurovia AI.

During the summit, Mr. Rashed delivered a keynote address titled “Unload the Data Burden, Unlock AI Power,” and presented a live demonstration of the latest capabilities of the company’s core technology platform, NeuroStream™.

The platform successfully optimized and compressed a 12.15GB, 4K 60fps raw video stream in real-time to 421MB. While achieving a 96.37% reduction in storage and transmission space, the architecture maintained a visually lossless standard, ensuring that the compressed, high-value multimodal data fully meets the efficient indexing and retrieval requirements of machine vision and downstream AI algorithms. The technical architecture is currently undergoing comprehensive evaluation by multiple government agencies and enterprise clients across the Gulf Cooperation Council (GCC) region.

In the subsequent expert panel discussion titled “Cloud & Data Centre Adoption Trends Across UAE’s Key Sectors,” Mr. Rashed noted that as AI applications expand into physical networks such as robotics and smart cities, future infrastructure will transition from a single cloud or data center model to an integrated intelligent architecture spanning cloud, data centers, and edge computing. Addressing the pressures generated by massive volumes of machine-generated visual data, he stated that the primary challenge for enterprises scaling AI has shifted from simple data collection to efficient data storage, transmission, and preparation for underlying computation.

Organizations that successfully deploy AI at scale will necessarily establish a robust data foundation prior to application expansion, transforming raw data into AI-ready infrastructure. The NeuroStream™ platform is designed for this purpose, mitigating the bandwidth, storage, and energy consumption burdens of visual data through automated compression, intelligent computing resource allocation, and comprehensive format compatibility.

Mr. Rashed concluded that organizations treating AI merely as a single application will encounter bottlenecks, whereas those that succeed will approach it as a comprehensive infrastructure transformation. He emphasized that the next phase of the AI industry involves not only larger models but also the development of more intelligent infrastructure and cleaner data streams.

About the UAE Data Center Infrastructure & Cloud Summit 2026

The UAE Data Center Infrastructure & Cloud Summit 2026 serves as a core high-level forum in the Middle East focused on national digital infrastructure development and cloud platform evolution. Hosted by the UAE Cyber Security Council and supported by the Ministry of Energy & Infrastructure, the summit gathers regional government officials, regulatory representatives, and technology executives to examine the strategic role of modern data centers, cloud architectures, and artificial intelligence infrastructure in enhancing operational efficiency, supporting digital governance, and ensuring national digital sovereignty, providing clear direction for the modernization and sustainable development of digital infrastructure in the region.

About Neurovia AI Limited

Neurovia AI (www.neuroviaai.ae) is an AI infrastructure and visual data processing technology company operating as a wholly-owned subsidiary of Robo.ai Inc. (NASDAQ: AIIO). Guided by its core philosophy to “Unload the data burden, unlock AI power,” the company leverages its NeuroStream™ platform to drive the transition of visual data architectures from human viewing to machine understanding. By applying AI-native compression and edge computing, Neurovia AI addresses critical bottlenecks in data storage, transmission, and computation for Physical AI. Its technology serves core sectors including safety and security, autonomous driving, smart cities, and intelligent manufacturing, providing foundational data support for global machine perception and collaboration.

About Robo.ai Inc.

Robo.ai Inc. (NASDAQ: AIIO) is a technology company focused on building an artificial intelligence machine economy platform. Through the systematic integration of AI software, intelligent hardware, and smart assets, the company builds a unified AI operating system and an empowered ecosystem, delivering efficient, compliant, and hardware-software integrated infrastructure solutions for global government and enterprise clients.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations; for further details, please refer to the relevant disclosure documents filed by Robo.ai Inc. with the U.S. Securities and Exchange Commission.

Shanghai targets expanded, smarter service sector by 2030

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SHANGHAI, June 11, 2026 /PRNewswire/ — A news report from english.shanghai.gov.cn

Shanghai has issued a new plan to make its service sector more digital, intelligent, standardized, integrated, and international by 2030, with the service sector’s added-value expected to reach about 6 trillion yuan ($886.98 billion).

By 2030, Shanghai’s trade in services is expected to exceed $300 billion, and the city is expected to see around 300 new regional headquarters of multinational companies.

Priority service sectors

The plan highlights four main directions:

Urban services

Shanghai will strengthen services in finance, trade, shipping, and science and technology innovation. Key tasks include expanding high-quality financial services, enhancing the city’s role as a global trade hub, upgrading high-end shipping services, and improving the transfer and commercialization of sci-tech achievements.

Producer services

Shanghai will accelerate innovation in information services, support emerging “AI plus” business models, expand professional services, and promote deeper integration between manufacturing and services.

Consumer services

The plan calls for deeper integration of culture, commerce, tourism, sports, and exhibitions, while improving healthcare, education and training, elderly care, childcare, household services, accommodation, and catering.

Emerging services

Shanghai will develop smart technology services, life and health services, and services related to the experience economy, including AI software and services, intelligent driving, targeted drugs, brain-computer interfaces, immersive cultural and tourism experiences, and branded cultural products and experiences.

Key zones to watch

Shanghai will develop its service sector across key functional areas and districts. The layout centers on a core urban hub, two strategic wings, three service belts, and multiple peripheral areas.

The core urban hub will offer a high concentration of high-level services. The plan also calls for stronger professional services in Pudong New Area, Xuhui district, Jing’an district, and other areas, as well as upgrades to major commercial areas such as East Nanjing Road and West Nanjing Road.

The eastern wing includes the Lin-gang Special Area and the Eastern Hub International Business Cooperation Zone, while the western wing includes the Hongqiao International Central Business District and the demonstration zone for green and integrated ecological development of the Yangtze River Delta. These areas will serve as key platforms for opening-up and innovation.

The city will also develop three service belts: one along the Huangpu River, one along the Suzhou Creek, and one linking key innovation hubs, while supporting coordinated development in the five suburban “new cities” of Jiading, Qingpu, Songjiang, Fengxian, and Nanhui, as well as Baoshan and Jinshan districts.

AIVA Launches a Pioneering, New Model for AI Vehicle Industry

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Advertorial Desk
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BEIJING, CHINA – Media OutReach Newswire – 11 June 2026 – AIVA, an AI-native mobility brand, was officially unveiled in Beijing on 9 June 2026.

AIVA will collaborate with Volcano Engine, ByteDance’s cloud and AI platform, to jointly define, design, and develop a new generation of AI vehicles. Volcano Engine will provide AIVA with advanced capabilities, including the Doubao AI Foundation Model and intelligent cockpit, enabling smarter in-vehicle interactions.

At the launch event, AIVA unveiled its brand name and logo, introducing a development philosophy centered on “AI-first vehicle creation”—where AI comes before the car itself. It is believed that AI-native vehicles will fundamentally redefine the relationship between people and automobiles. AIVA also showcased the AIVA Origin Concept, while AIVA ME7, its first mass-production model, is scheduled to debut in 2026. The AIVA lineup will target the mainstream market segment priced above RMB 200,000.

AIVA, short for Artificial Intelligence Voyage Ahead, reflects the brand’s vision of AI accompanying users on every journey toward the future. Built around AI-native mobility, AIVA aims to create embodied AI companions powered by advanced intelligence, transforming vehicles from mere transportation tools into trusted partners that understand, accompany, and serve their users.

When AI is deeply integrated into the vehicle, users no longer need to navigate complex menus. Instead, AI operates around human intent, making the interaction intuitive and direct. By understanding real-time context and user preferences, it can proactively anticipate needs and coordinate vehicle capabilities, delivering a more natural, personalized mobility experience.

As an independently operated company backed by a powerful alliance of strategic shareholders, AIVA will oversee brand development, product strategy, and business operations. SERES Group, as a key shareholder and industrial partner, will provide expertise in vehicle manufacturing and supply chain management. CATL will contribute comprehensive battery solutions. Shaci Zhiyuan, a strategic institutional investor, will provide industrial resource support.

Looking ahead, AIVA will broaden its product lineup through rapid innovation and iteration. By focusing on AI-powered interaction, intelligent experiences, emotional companionship, and safety-centered care, AIVA is committed to creating vehicles that not only move people, but understand them, unlocking a new era of intelligent mobility.
Hashtag: #AIVA

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

Sungrow Unveils EnergyBridge: the Industry’s First Mini Backup Power Solution

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SYDNEY, June 11, 2026 /PRNewswire/ — Sungrow officially unveiled a brand-new mini backup power solution EnergyBridge. The EB80S and EB80T are designed for residential single-phase and three-phase power systems. Compared with conventional box-type backup power gateways, the overall size is reduced by up to 99%. EnergyBridge can be directly installed into the existing distribution board without wall drilling or complex rewiring, revolutionizing traditional solutions.

EnergyBridge: the Industry's First Mini Backup Power Solution
EnergyBridge: the Industry’s First Mini Backup Power Solution

By highly integrating on/off-grid switching, metering, and other functions into a single compact switching device, EnergyBridge eliminates redundant hardware and wiring, helping reduce total system costs by around 12% while delivering a more efficient, economical, and reliable backup power solution for residential energy systems.

Compact 5-in-1 Design

In residential ESS, conventional backup solutions typically rely on externally mounted gateway devices that require complex installation. However, EnergyBridge changes this approach by integrating five independent devices: a changeover switch, a circuit breaker, a meter, a bypass switch, and a CT, into one compact unit. Compared with conventional solutions that require 14 poles, EnergyBridge occupies only 4–6 poles, reducing the distribution box integration space by 57%. *

Faster Installation, Lower Cost

20-Second Installation. Positioning, leveling with a spirit level, drilling, wiring, and other steps, the traditional installation procedure highly relies on the installer’s expertise, which can take up to 1 hour to complete. In contrast, EnergyBridge is mounted directly onto the standard DIN rail using a snap-in design, and the entire installation process takes only 20 seconds.

No Drilling. Zero Wall Damage. Since EnergyBridge can be directly embedded into distribution boxes, it eliminates the need for destructive wall modification works, such as drilling and penetrating walls required for traditional gateway installation. In addition, the solution also supports future system upgrades, as EnergyBridge can be easily removed when needed, leaving the installation area clean and unobtrusive.

Worry-Free Complex Scenarios. Simplified Wiring. Conventional box-type gateways often face installation challenges in homes where the distribution box is far from the gateway location or separated by walls, requiring additional drilling, exposed cable routing, or concealed wiring work. EnergyBridge removes the need for many of these wiring materials, accessories, and labor-intensive installation steps, simplifying the bill of materials from the source and significantly improving installation efficiency.

Millisecond-Level Backup Switching for Greater Energy Resilience

Robust Protection for Reliable Home Backup. In on/off-grid switching scenarios, EnergyBridge delivers more than 6,000 high-current switching cycles and offers a maximum breaking capacity of 6 kA, enabling it to withstand extreme surge events. Compared with the traditional solution that adopts relays and contactors for gateways, its safety and reliability are improved threefold. Meanwhile, traditional backup power solutions rely on the coordinated operation of five independent devices, where the failure of any single device will cause system malfunction. In contrast, the highly integrated architecture of EnergyBridge fundamentally reduces the probability of failure.

Seamless Backup Within 10 ms. In the event of grid fluctuations or power outages, EnergyBridge enables seamless switching from the grid power supply to the backup power supply within 10 ms, ensuring an uninterrupted power supply for homeowners. Meanwhile, with a rated current of up to 80 A, the solution supports whole-home high-power loads up to 18.4 kW for single-phase systems and 55.2 kW for three-phase systems.

Sungrow’s newly unveiled mini backup power solution, EnergyBridge, represents a comprehensive rethinking of residential backup power, spanning solution architecture, product design, and installation experience. By transforming what has traditionally been a complex engineering process into a streamlined, ready-to-use solution, EnergyBridge sets a new benchmark for residential backup power deployment. Sungrow has also secured comprehensive intellectual property protection for the solution through patents and trademark registration.

* Each pole occupies 18 mm of space in the distribution board.

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of Dec 2025, Sungrow has installed over 1000 GW of power electronic converters worldwide. The company is recognized as the world’s most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experiences. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com/en

CONTACT:
Wang Luly
luly.wang@sungrow-hq.com
+86 15618330862

Trip.com Group Limited to Report First Quarter of 2026 Financial Results on June 24, 2026 U.S. Time

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Advertorial Desk
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SINGAPORE, June 11, 2026 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its financial results for the three months ended March 31, 2026 on Wednesday, June 24, 2026, U.S. Time, after the market closes.

Trip.com Group’s management team will host a conference call at 8:00 PM U.S. Eastern Time on June 24, 2026 (or 8:00 AM on June 25, 2026 in the Hong Kong Time) following the announcement.

The conference call will be available on Webcast live and replay at: http://investors.trip.com. The call will be archived for twelve months at this website.

All participants must pre-register to join this conference call using the Participant Registration link below:

https://register-conf.media-server.com/register/BI474cf1d2cafe4883828d22dcfc4b7d15.

Upon registration, each participant will receive details for this conference call, including dial-in numbers and a unique access PIN. To join the conference, please dial the number provided, enter your PIN, and you will join the conference instantly.

About Trip.com Group Limited

Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading global one-stop travel platform, integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for many travelers in Asia, and increasingly for travelers around the world, to explore travel, get inspired, make informed and cost-effective travel bookings, enjoy hassle-free on-the-go support, and share travel experience. Founded in 1999 and listed on Nasdaq in 2003 and HKEX in 2021, the Company currently operates under a portfolio of brands, including Ctrip, Qunar, Trip.com and Skyscanner, with the mission “to pursue the perfect trip for a better world.”

For further information, please contact:

Investor Relations
Trip.com Group Limited
Email: iremail@trip.com

UA Finance Fully Supports the 2026 Global Football Event

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Advertorial Desk
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Chrissie Chau Unleashes Her “Superpower” to Help You Get Instant Loans


HONG KONG SAR – Media OutReach Newswire – 11 June 2026 – The world’s biggest football extravaganza, held once every four years, is reaching a fever pitch. As the largest money lender in Hong Kong, UA Finance (UA) proudly announces its unwavering support for this year’s tournament. Partnering once again with iconic brand ambassador Chrissie Chau (“Super Chrissie”), UA is excited to launch the “GRAB A GOLD FOOTBALL EVERYDAY” campaign from June 12 to July 20.

UA Finance Fully Supports the 2026 Global Football Event

With most matches taking place late at night, UA is committed to being a reliable resource for football fans and the community by offering 24/7 cash services. To celebrate the football excitement with everyone in Hong Kong, UA is rolling out an extraordinary “Daily 999.9 Gold Ball” mega reward. UA will also debut Hong Kong’s first-ever “UA ‘Chrissie Super Shot’ 3D Mobile Truck” to travel throughout the city, driving local enthusiasm to its absolute peak.

Daily Grab at 12:00PM; Grand Finale Features Ultimate “Heavy-Cup” Gold Ball
During this 39-day event, UA will be giving away a “999.9 Gold Ball” (valued at ~HKD 5,700) every day at 12:00PM, totaling 38 footballs. For the highly anticipated Final Match Day on July 20, UA is escalating the excitement with the ultimate “Heavy-Cup” Gold Ball, crafted from 999.9 pure gold and valued at ~HKD 53,500.

Every day, the first new or existing customer who successfully applies for a loan of HKD 50,000 or above and meets the eligibility criteria will take this collectible prize home. Additionally, customers can also receive a cash reward of up to HKD 18,000.

Hong Kong’s First 3D Mobile Truck: Football Themed Games with “3D Chrissie”
UA proudly introduces Hong Kong’s first-ever “UA ‘Chrissie Super Shot’ 3D Mobile Truck”, which will embark on a 30-day journey across Hong Kong, Kowloon, and the New Territories from June 20 to July 19. The innovative truck will showcase ultra-realistic 3D visual videos featuring Chrissie, who will appear in lifelike 3D to energize the football festivities. The truck’s screens will also provide fans with daily match reminders and top scorers standings, ensuring that everyone stays connected to the excitement of the tournament.

Every Saturday and Sunday, the mobile truck will transform into a gift truck, inviting the public to participate in engaging football-themed games. Participants stand a chance to win a limited-edition “GOAL For Success 2” player card (blind pack, 10 styles in total) or a specially designed “UA Tournament Guide”. The truck will distribute gold ball paper fans and other delightful gifts to help everyone beat the summer heat.

Through a comprehensive marketing campaign spanning TV commercial, online platforms, major newspapers and the city-wide 3D mobile truck, UA will cheer alongside the people of Hong Kong. With exciting gold rewards and robust financial support, UA is here UA is here to lend a helping hand and ensure everyone enjoys this once-in-four-years football extravaganza.

Hashtag: #UAFinance #Worldcup

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

Lower Fuel Prices Bring Relief, But Many Eye EVs as Living Costs Rise

By
Phoudasack Vongsay
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Pictures used to illustration purpose only.

UPDATED on 12 June at 11PM with a correction on the number of provinces covered by EV stations

Fuel prices in Laos have declined steadily over the past two months, bringing some relief to motorists as inflation and transport costs ease. But for many households, fuel remains a major expense, and some consumers are beginning to consider electric vehicles as a long-term way to reduce transport costs.

As of 11 June, premium and regular gasoline were selling at LAK 31,300 (USD 1.42) per liter, while diesel was priced at LAK 27,620 (USD 1.25) per litre.

The reductions followed six rounds of fuel price adjustments between 1 May and 11 June. According to the Lao Statistics Bureau (LSB), lower fuel costs helped reduce transport expenses by 6.3 percent and contributed to inflation slowing from 10.2 percent in April to 9 percent in May.

Fatavan, a finance employee at a fuel station in Vientiane, said lower fuel prices have slightly reduced daily expenses, although fuel remains expensive for many households.

She noted that fuel prices affect a wide range of goods and services because transport costs influence the final price consumers pay.

As a result, lower fuel prices can make day-to-day expenses slightly easier to manage, but the overall impact remains limited. Fatavan said many Lao consumers would still not consider fuel affordable.

“Even though prices have fallen, fuel is still one of the major expenses for many people, especially office workers, transport operators, and others who rely on vehicles every day,” he said.

EV Interest Growing

Fatavan noticed that electric vehicles (EVs) have become more attractive as a way to reduce long-term transport costs, but several practical barriers remain.

She has considered purchasing an EV but remains hesitant because charging infrastructure is still limited across the country.

“Public charging stations are still not widely available, which makes daily use and long-distance travel less convenient,” Fatavan said. “There are different charging systems, so people are not always sure if their vehicle will be compatible with every public charging station.”

A fuel station owner expressed a similar view, saying EV adoption is likely to increase over time but will not replace fuel-powered vehicles in the near future.

The station owner added that consumers have historically been more concerned about fuel availability than price fluctuations, especially during periods of supply uncertainty.

Government Pushes EV Adoption

Despite concerns about charging access and affordability, the Lao government has intensified efforts to promote electric transport as part of broader plans to reduce fuel imports and improve energy security.

In March, the Prime Minister ordered authorities to encourage a shift away from fossil fuel-powered vehicles through tax measures and incentives. Under current regulations, electric vehicles are subject to a 3 percent excise tax, compared to 25 to 90 percent for conventional fuel-powered vehicles.

The government has also set a target for EVs to account for 30 percent of vehicle usage by 2030. In May, authorities announced a suspension on imports of most fossil fuel-powered vehicles until the end of 2026, while introducing price controls on EVs to improve affordability and accelerate adoption.

According to a May report from the Ministry of Public Works and Transport, Laos registered more than 14,400 electric vehicles between 2020 and 2025. Based on data from LOCA, an online ride-hailing and private taxi application in Laos, EV Charging stations now cover all 18 provinces in Laos.

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