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Bybit Gives Away NVIDIA Tokenized Equity, Welcoming New Users

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DUBAI, UAE, April 1, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced NVDAX (tokenized NVIDIA equity by xStocks) as a new reward option in its welcome program, effective March 25. New users stand to win 100 USDT in welcome gifts by joining Bybit, and now they can earn $20 worth of NVDAX simply by completing welcome tasks to gain exposure to the infrastructure powering the AI boom.

NVIDIA has become synonymous with AI infrastructure. From ChatGPT and Claude to enterprise AI deployments, the global AI adoption acceleration has been largely powered by NVIDIA’s GPUs.

NVDAx is a tracker certificate issued as Solana SPL and ERC-20 tokens, and each NVDAX token is backed 1:1 by real NVIDIA shares held with a regulated custodian. Unlike mainstream traditional equity markets, xStocks trade 24/7 outside US market hours, enable fractional ownership, and settle instantly on-chain.

The new Bybit welcome offer is perfect for traders looking to tap into the tech sector and own a piece of the AI narratives.

How It Works

  1. Signing up to Bybit and completing their welcome verification
  2. Claiming their NVDAX airdrop by depositing $100 and trading $10 on Bybit
  3. Receive $20 USDT equivalent in NVDAX instantly in their Bybit account

Each day, Bybit gives away hundreds of thousands in USDT in welcome rewards and offers multiple airdrop options to new users, including NVDAX, MNT, and USDT.

Terms and conditions apply. To find out more, users may visit the Bybit Rewards Hub for the latest offers.

xStocks has been made available to eligible Bybit users since June 2025. To learn more, users may visit: Trade xStocks on Bybit

Bybit Gives Away NVIDIA Tokenized Equity, Welcoming New Users
Bybit Gives Away NVIDIA Tokenized Equity, Welcoming New Users

#Bybit / #TheCryptoArk / #IMakeIt

About Bybit

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

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

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PMET Resources Submits Environmental and Social Impact Assessment (ESIA) for the Shaakichiuwaanaan CV5 Lithium Project to Federal and Provincial Governments

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MONTREAL, April 1, 2026 /PRNewswire/ — April 1, 2026 – Sydney, Australia

HIGHLIGHTS

  • ESIA Submission: PMET Resources (“PMET” or the “Company”) has submitted its Environmental and Social Impact Assessment (ESIA) for the Shaakichiuwaanaan CV5 Lithium Project, marking the most significant milestone in the Project’s permitting journey to date. The project is subject to both a provincial and federal impact assessment, both of which have been submitted for review by respective authorities.
  • Technical Foundation: The ESIA, together with the Feasibility Study released in October 2025, provides the comprehensive data required for government review of the Shaakichiuwaanaan Lithium Project. The ESIA submission marks the culmination of over four years of rigorous baseline data collection, technical evaluations, and extensive engagement with the Cree communities, local stakeholders, and government partners across all regulatory levels.
  • The ESIA encompasses a comprehensive multidisciplinary analysis covering:
    • Environmental Baseline Studies: air quality, water resources, terrestrial and aquatic ecosystems, soil and geology.
    • Indigenous consultation and engagement: extensive dialogue with the Cree Nation, cultural heritage and traditional land use.
    • Socio and economic assessment: impacts on employment, community infrastructure and supply chain benefits.
    • Cumulative Effects assessment: assessment of combined impacts with other projects in the region.
    • Climate and Greenhouse Gas Considerations: The climate resilience and accounting of total greenhouse gas emissions from the project is included.
    • Impact mitigation and management: detailed strategies to minimize environmental and social effects

Grace Barrasso, PMET EVP of ESG and Corporate Affairs, commented: “The submission of this ESIA represents the culmination of years of rigorous scientific field work and meaningful dialogue with our Cree partners. Our goal is to develop Shaakichiuwaanaan as a model for sustainable critical mineral extraction in North America, ensuring that the environmental and social values of the Eeyou Istchee are protected while contributing to the global energy transition.”

Ken Brinsden, PMET CEO and President, stated: “Moving from discovery to a formal ESIA submission and a completed Feasibility Study in roughly four years is a testament to the quality and scale of Shaakichiuwaanaan and the dedication of our team. Congratulations to our team and external advisors for their contributions to our premier project, creating a strong platform for our continuing engagement with the Cree and regulators as our project continues down the development pipeline.”

PMET RESOURCES INC. (THE “COMPANY” OR “PMET”) (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce the submission of the Environmental and Social Impact Assessment (ESIA) for its 100%-owned Shaakichiuwaanaan Lithium Project, located in the Eeyou Istchee James Bay region of Quebec.

The ESIA is a critical regulatory requirement under Section 22 of the James Bay and Northern Quebec Agreement (JBNQA). Concurrently with the provincial submission, PMET will also be submitting the ESIA to the federal Impact Assessment Agency of Canada (IAAC). THESE SUBMISSIONS, alongside the Positive CV5 Lithium-Only Feasibility Study delivered in late 2025, forms the dual pillars of the government’s mine authorization process. Together, these documents detail the technical viability, environmental safeguards, and social integration of the proposed hybrid open-pit and underground mine.

LOOKING AHEAD

Following submission of the ESIA, the Federal government will initiate a public review period to invite comments from communities, regulators and project stakeholders. The report will be available on the Shaakichiuwaaan Mining Project Page published on the Canadian Impact Assessment Registry at: https://iaac-aeic.gc.ca and Québec portals.

The Company remains committed to maintaining a transparent and timely approval process, working closely with all levels of government and the Cree Nation to bring this world-class lithium asset into production over the coming years.

ABOUT PMET RESOURCES INC.

PMET Resources Inc. is a pegmatite critical mineral exploration and development company focused on advancing its district-scale 100%-owned Shaakichiuwaanaan Property located in the Eeyou Istchee James Bay region of Quebec, Canada, which is accessible year-round by all-season road and proximal to regional hydro-power infrastructure.

In late 2025, the Company announced a positive lithium-only Feasibility Study on the CV5 Pegmatite for the Shaakichiuwaanaan Property and declared a maiden Mineral Reserve of 84.3 Mt at 1.26% Li2O (Probable)1. The study outlines the potential for a competitive and globally significant high-grade lithium project targeting up to ~800 ktpa spodumene concentrate using a simple Dense Media Separation (“DMS”) only process flowsheet. Further, the results highlight Shaakichiuwaanaan as a potential North American critical mineral powerhouse with significant opportunity for tantalum and caesium in addition to lithium.

_______________________________

1 See Feasibility Study news release dated October 20, 2025. Probable Mineral Reserve cut-off grade is 0.40% Li2O (open-pit) and 0.70% Li2O (underground). Underground development and open-pit marginal tonnage containing material above 0.37% Li2O are also included in the statement. Effective Date of September 11, 2025.

The Project hosts a Consolidated Mineral Resource2 totalling 108.0 Mt at 1.40% Li2O and 166 ppm Ta2O5 (Indicated) and 33.4 Mt at 1.33% Li2O and 155 ppm Ta2O5 (Inferred), and ranks as a top ten lithium pegmatite globally in size. Additionally, the Project hosts the world’s largest pollucite-hosted caesium pegmatite Mineral Resource at the Rigel and Vega zones with 0.69 Mt at 4.40% Cs2O (Indicated), and 1.70 Mt at 2.40% Cs2O (Inferred).

______________________________

2 The Consolidated MRE (CV5 + CV13 pegmatites), which includes the Rigel and Vega caesium zones, totals 108.0 Mt at 1.40% Li2O, 0.11% Cs2O, 166 ppm Ta2O5, and 66 ppm Ga, Indicated, and 33.4 Mt at 1.33% Li2O, 0.21% Cs2O, 155 ppm Ta2O5, and 65 ppm Ga, Inferred, and is reported at a cut-off grade of 0.40% Li2O (open-pit), 0.60% Li2O (underground CV5), and 0.70% Li2O (underground CV13). A grade constraint of 0.50% Cs2O was used to model the Rigel and Vega caesium zones. The Effective Date is June 20, 2025 (through drill hole CV24-787). Mineral Resources are not Mineral Reserves as they do not have demonstrated economic viability. Mineral Resources are inclusive of Mineral Reserves.

For further information, please contact us at info@pmet.ca or by calling +1 (604) 279-8709, or visit www.pmet.ca. Please also refer to the Company’s continuous disclosure filings, available under its profile at www.sedarplus.ca and www.asx.com.au, for available exploration data.

This news release has been approved by

“KEN BRINSDEN“

Kenneth Brinsden, President, CEO, & Managing Director

DISCLAIMER FOR FORWARD-LOOKING INFORMATION

This news release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws.

All statements, other than statements of present or historical facts, are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are typically identified by words such as “plan”, “development”, “growth”, “continued”, “intentions”, “expectations”, “emerging”, “evolving”, “strategy”, “opportunities”, “anticipated”, “potential”, “additional”, “on track”, “prospects”, “estimated”, “enhancing”, “strengthen”, “target”, “believes”, “next steps”, “looking ahead”, “remains committed”, “to bring”, “coming years” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. 

Forward-looking statements include, but are not limited to, statements concerning the permitting process for the Shaakichuwaanaan Project.

Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company’s forward-looking information is based include, without limitation, the results of the Feasibility Study released in October 2025, the ability to complete an updated Feasibility Study for the CV5 Pegmatite with the addition of tantalum as a co-product, as well as a Preliminary Economic Assessment for the broader Project inclusive of lithium, caesium, and tantalum, that proposed exploration work on the Property and the results therefrom will continue as expected, the accuracy of reserve and resource estimates, the classification of resources and the assumptions on which the reserve and resource estimates are based, long-term demand for lithium (spodumene), tantalum (tantalite), and caesium (pollucite) supply, and that exploration and development results continue to support management’s current plans for the Property’s development.

Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, any of which could have a material adverse effect on the Company’s business, financial condition, results of operations and growth prospects. Readers should review the detailed risk discussion in the Company’s most recent Annual Information Form filed on SEDAR+, for a fuller understanding of the risks and uncertainties that affect the Company’s business and operations.

Although the Company believes its expectations are based upon reasonable assumptions and has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate. If any of the risks or uncertainties mentioned above, which are not exhaustive, materialize, actual results may vary materially from those anticipated in the forward-looking statements.

The forward-looking statements contained herein are made only as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. The Company qualifies all of its forward-looking statements by these cautionary statements.

COMPETENT PERSON STATEMENT (ASX LISTING RULES)

The information in this news release that relates to the Feasibility Study (“FS”) for the Shaakichiuwaanaan Project, which was first reported by the Company in a market announcement titled “PMET Resources Delivers Positive CV5 Lithium-Only Feasibility Study for its Large-Scale Shaakichiuwaanaan Project” dated October 20, 2025 (Montreal time) is available on the Company’s website at www.pmet.ca, on SEDAR+ at www.sedarplus.ca and on the ASX website at www.asx.com.au. The production target from the Feasibility Study referred to in this news release was reported by the Company in accordance with ASX Listing Rule 5.16 on the date of the original announcement. The Company confirms that, as of the date of this news release, all material assumptions and technical parameters underpinning the production target in the original announcement continue to apply and have not materially changed.

The Mineral Resource and Mineral Reserve Estimates in this release were first reported by the Company in accordance with ASX Listing Rule 5.8 in market announcements titled “World’s Largest Pollucite-Hosted Caesium Pegmatite Deposit” dated July 20, 2025 (Montreal time) and “PMET Resources Delivers Positive CV5 Lithium-Only Feasibility Study for its Large-Scale Shaakichiuwaanaan Project” dated October 20, 2025 (Montreal time) and are available on the Company’s website at www.pmet.ca, on SEDAR+ at www.sedarplus.ca and on the ASX website at www.asx.com.au. The Company confirms that, as of the date of this news release, it is not aware of any new information or data verified by the competent person that materially affects the information included in the relevant announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant announcement continue to apply and have not materially changed. The Company confirms that, as at the date of this announcement, the form and context in which the competent person’s findings are presented have not been materially modified from the original market announcement.

Olivier Caza-Lapointe, Head, Investor Relations, T: +1 (514) 913-5264, E: ocazalapointe@pmet.ca

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4,000 Youths Find a Home with Zero Cost in Gui’an

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GUIZHOU, China, April 1, 2026 /PRNewswire/ — This is a report from Discover Guizhou:

 

4,000 Youths Find a Home with Zero Cost in Gui’an

In the heart of central Guizhou, the Guian New Area, an emerging tech hub tied to China’s national development strategy, is undergoing rapid transformation. Data flows at scale while cutting-edge technologies are gaining momentum. Smart and efficient living is becoming the norm. The Guian Encounters series explores this dynamic region, offering a closer look at Guizhou’s journey toward Chinese-style modernization. One such story begins inside a rather extraordinary factory.

Just graduated, with zero rent? Ready to move in with just your luggage? Is there really such a “magical opportunity”?

In 2025, Gui’an New District in Guizhou completed two youth communities—Anchao • Yunlan and Anchao • Xingyao—and innovatively launched a “free housing” policy for talent. Eligible recent college graduates can live rent-free for one year. So far, seven batches of housing units have been successfully released, providing a “home” for over 4,000 young people.

“I had some bad experiences renting before, but here I feel secure. The room is well-decorated and fully furnished, and it’s close to the subway station, which is very convenient.” After graduating, Wu Lei became one of the first residents of the Anchao • Yunlan community. The community offers fully furnished and smart-equipped apartments, with shared amenities such as laundry rooms, gyms, and study rooms all available. The first year of free rent significantly eases the housing pressure on young people.

With a stable place to live, they gain more confidence to pursue their dreams. Now working as a freelance photographer, Wu Lei travels across Guizhou for his work. In his spare time, he actively takes photos for community events, capturing life through his lens.

“As the new district develops, more young talents need to settle here. There has to be someone serving the community, and I thought if I could take on that role, it would make me feel more involved in society.” After moving in, the enthusiastic Tan Shengshun voluntarily took on the role of an apartment manager, assisting with check-ins and providing 24/7 online support. Every bit of trust and gratitude from residents fills him with a sense of fulfillment. For him, this is not only his “home” but also a “big family” where he works and strives. “We’re all young people, so we understand each other better. From small suggestions to organizing events, we can discuss and decide things ourselves, giving us a real sense of ownership.”

The youth community innovatively implementsa “dual-triangle” governance model: an “inner triangle” formed by young people serving as building leaders, apartment managers, and dedicated grid workers, allowing them to manage themselves; and an “outer triangle” consisting of community police officers, medical staff, and comprehensive law enforcement personnel acting as “part-time grid workers,” together with “dedicated grid workers” and the local community “grid leader,” providing strong support. Through internal and external collaboration, governance here is no longer just management but a vibrant, youth-driven co-creation.

“When I first moved here, I wasn’t familiar with Gui’an, but the community organized a ‘Explore Gui’an’ event, which instantly gave me a sense of belonging.” The lively Yan Liting often participates in community activities such as mural painting, coffee salons, and night school training. After living here for over a year, the community has become her social hub, a place for growth, and a warm harbor.”The community mural features my cat. I’ve had hotpot in Building 15, played Werewolf in Building 19, and visited dogs in Building 18…I have friends in every building here, and every day spent with everyone is joyful.”

Centered on the service system of “housing + employment + growth,” the community collaborates with universities in Huaxi University Town, vocational colleges in Qingzhen Vocational Education City, and leading enterprises in the new district. It regularly organizes vocational training, cultural night schools, and other activities, ensuring “weekly courses, monthly events, and quarterly themes,” providing comprehensive resources for young people’s daily lives, studies, and work. Here, young talents not only settle down and make friends but also broaden their horizons, enhance their skills, and grow personally.

From “free housing” meeting basic needs, to the “dual-triangle” model energizing governance, and then to all-round growth support—this “housing package” is filled not only with the warmth of policy but also with the sincerity of the city: an invitation to you, to chase dreams together in Gui’an. 

TWSC Showcases at CFMS 2026, Expanding Application Boundaries with Full-Stack AI+ Storage Solutions

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SHENZHEN, China, April 1, 2026 /PRNewswire/ — On March 27, 2026, the MemoryS 2026 Summit concluded successfully in Shenzhen. Bringing together key players from the global memory storage industry chain, TWSC centered its exhibition on “Full-Stack AI+ Storage Solutions.” Leveraging a foundational technology system optimized for AI workloads, the company presented comprehensive storage solutions spanning data centers and edge-side AI, highlighting its systematic capability upgrades and practical storage applications in the AI era.

TWSC Showcases at CFMS 2026, Expanding Application Boundaries with Full-Stack AI+ Storage Solutions
TWSC Showcases at CFMS 2026, Expanding Application Boundaries with Full-Stack AI+ Storage Solutions

Accelerated Upgrades in Full-Stack AI+ Storage Technology, Enabling Full-Link System Synergy.

TWSC Showcases at CFMS 2026, Expanding Application Boundaries with Full-Stack AI+ Storage Solutions
TWSC Showcases at CFMS 2026, Expanding Application Boundaries with Full-Stack AI+ Storage Solutions

As AI workloads demand higher concurrency, lower latency, and enhanced sustained write capabilities, differentiated requirements emerge across scenarios such as edge-side and data center applications. A single storage product can no longer support complex application needs; storage is evolving from single-point performance optimization toward comprehensive, system-level synergy. TWSC, through its full-chain technology system encompassing “self-developed controller + firmware algorithm + scenario adaptation,” complemented by “in-house high-end manufacturing capabilities and supply chain assurance,” deeply integrates storage into the foundational design of scenario-based applications. This achieves systematic synergy of “hardware-firmware-algorithm” with host systems and AI algorithms, facilitating large-scale deployment of solutions and becoming a critical enabler of scenario value.

Comprehensive AI Application Scenarios Across the Board, Driving Storage Solutions Toward a System-Level Value Transformation.

AI Data Centers: Supporting High Concurrency and Stable Operation with Enterprise-Grade Storage Solutions.

TWSC has built a full-stack capability system for AI data centers and intelligent computing scenarios, encompassing “controller chip + firmware algorithm + system-level integration.” Its product portfolio covers PCIe/SATA enterprise SSDs and DDR5 RDIMM (5600MT/s, 6400MT/s), providing high-bandwidth, low-latency, and highly reliable storage support for AI training, inference, and massive data processing. With the breakthrough of its first self-developed enterprise SSD controller, TWSC continuously advances the synergistic optimization of self-developed controllers and firmware. Combined with its testing and validation systems and mass production capabilities, the company ensures stable and efficient data support for intelligent computing centers while guaranteeing reliable operation for large-scale data.

Edge AI: Adapting to Efficiency and Low Power Consumption with Embedded Storage.

Edge AI devices require not only efficient real-time data throughput capabilities but also careful consideration of power consumption and form factor. TWSC has established an embedded product system covering eMMC, UFS, and LPDDR series, offering flexible and adaptable storage solutions for different terminal types. Leveraging innovative use of QLC NAND flash and small-form-factor packaging technologies, the company provides high-capacity, highly integrated embedded storage solutions. Meanwhile, its LPDDR5/5X low-power memory solutions support data transfer rates of up to 8533Mbps and beyond, enhancing bandwidth while optimizing power efficiency, ensuring stable operation for edge AI in multitasking and real-time inference. These products have completed deep adaptation with domestic SoC platforms such as UNISOC and Rockchip, delivering reliable and stable storage capabilities for edge AI scenarios.

Diverse Scenarios: Expanding the Boundaries of Consumer and Industrial Applications.

TWSC continues to expand its diverse application scenarios, enhancing product adaptability across different environments. For AI PCs, high-performance computing, and content creation, TWSC is deploying PCIe 5.0 SSDs and DDR5 memory products, and has introduced DDR5 memory solutions based on Client Clock Driver (CKD) technology, operating at speeds up to 7200MT/s. The dual 32-bit independent channel design achieves 64-bit parallel bandwidth, effectively optimizing high-frequency signal integrity to meet high bandwidth and stability requirements. In the industrial sector, focusing on wide temperature range, long lifespan, and high reliability, TWSC provides storage solutions suitable for industrial control, cybersecurity, and other scenarios, ensuring stable operation in complex environments.

High-End Manufacturing and Testing: Building Multi-Dimensional Validation Capabilities to Ensure Large-Scale Delivery.

TWSC is continuously enhancing its high-end manufacturing and testing capabilities, actively advancing the construction of its Guangming Intelligent Manufacturing Base. The company has established intelligent production lines featuring “automated production + digitalized control,” building multi-dimensional validation capabilities covering enterprise and embedded products. Addressing critical dimensions such as performance, reliability, and compatibility, TWSC is creating a high-end storage validation and manufacturing platform tailored for AI scenarios. Coupled with robust testing capabilities and laboratory support, the company rapidly responds to the high-quality, customized, and large-scale demands of AI storage delivery.

Moving forward, TWSC will continue to delve deeply into storage technology, unlocking scenario value through systematic synergy, and pioneering new frontiers in storage for the intelligent era.

This super server room in Gui’an can “breathe”!

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Advertorial Desk
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GUIYANG, China, April 1, 2026 /PRNewswire/ — In the heart of central Guizhou, the Guian New Area, an emerging tech hub tied to China’s national development strategy, is undergoing rapid transformation. Data flows at scale while cutting-edge technologies are gaining momentum. Smart and efficient living is becoming the norm. The Guian Encounters series explores this dynamic region, offering a closer look at Guizhou’s journey toward Chinese-style modernization. One such story begins inside a rather extraordinary factory.

 

This super server room in Guizhou can “breathe”!

Have you ever wondered where a line of text or an image before your eyes comes from?

Today, join Tatiana, a foreign anchor from Discover Guizhou, to explore a “super server room” nestled amidst green mountains and clear waters — the China Mobile (Guiyang) Data Center.

Stepping into the data center, a sleek silver-gray building with a strong technological aesthetic catches the eye. This is currently the largest renovated single-warehouse data center in China — the “Xinghe Data Center.” Over 3,000 cabinets stand in orderly rows, capable of hosting more than 30,000 servers and providing modular, precise intelligent computing, general computing, and storage services. Data from the eastern regions is stored here, AI models are trained here, movies are rendered here…And what’s even more incredible is that this building can “breathe.”

The data center employs a new air conditioning system — magnetic levitation outdoor air conditioning units. It can automatically adjust based on the outdoor environment, featuring an added cooling tower that creates a water curtain for evaporative heat absorption. The core components of the compressor can levitate on magnetic field, enabling frictionless movement, which reduces system wear, extends service life, and pushes the energy efficiency ratio to an exceptional 1.196, saving energy while lowering both operational and user costs. “When the temperature drops below 14 degrees Celsius, the cooling system can automatically activate a free cooling mode without compressor refrigeration,” explains Zhang Lili, a guide at the China Mobile (Guiyang) Intelligent Computing Center. This mode is available for nearly half of the year, saving an amount of electricity equivalent to the total annual consumption of 15,000 households.

As the first telecom operator to establish itself in Gui’an New District, Guizhou Province, the China Mobile (Guiyang) Data Center has attracted 30 institutions, including Huawei and Alibaba, making it one of the key nodes in the National Integrated Computing Network National (Guizhou) hub. Currently, the data center’s total computing power reaches about 700P, which is roughly equivalent to the total computing effort of China’s entire population of 1.4 billion people, each performing a simple addition per second continuously for about 16 years.

The efficient operation of the data center also relies on the world’s first 400G computing power channel deployed by China Mobile. Data transmission over 2,800 kilometers —roughly the distance from Guiyang to Singapore —takes only 14 milliseconds. This computing power “highway” has greatly enriched innovative applications of the data center’s services, such as “Eastern Data, Western Storage,” “Eastern Data, Western Rendering,” and “Eastern Data, Western Training.”

In recent years, Guizhou has accelerated its efforts to build a nationwide computing power support base. The number of major data centers under construction or in operation across the province has grown from 7 in 2020 to 50, with total computing power scale expected to reach around 150 EFLOPS by the end of this year. Within this, intelligent computing accounts for over 97%, marking a leap from nothing to rapid advancement. The Gui’an data center cluster has become one of the regions in China with the strongest intelligent computing capabilities and the most abundant intelligent computing resources. “Build computing power in Guizhou, use computing power in Guizhou” has become an industry consensus, constructing a solid foundation for the high-quality development of the province’s digital economy.

Thanks to its unique climate conditions, energy advantages, and policy incentives, Guizhou — once described as a place “without three miles of flat land” — is reshaping its landscape with digital genes, transforming into a “super hub” and “super brain” of the digital world. Surging computing power is accelerating the activation of digital potential across all industries, unleashing boundless energy.

You may have never set foot in Guizhou, but every day you are taking a “walk in the cloud” right here.

Fosun International Holds 2025 Annual Results Presentation: Fosun has the Ability to Navigate Through Cycles

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HONG KONG, April 1, 2026 /PRNewswire/ — On 31 March, Fosun International held its 2025 annual results presentation in Shanghai. Guo Guangchang, Chairman of Fosun International; Wang Qunbin, Co-Chairman of Fosun International; Chen Qiyu, Co-CEO of Fosun International; Xu Xiaoliang, Co-CEO of Fosun International; Gong Ping, CFO of Fosun International, as well as a number of institutional investors and analysts attended the event.

On the evening of 30 March, Fosun International announced its 2025 annual results. During the Reporting Period, the Group’s total revenue reached RMB173.43 billion, and adjusted industrial operation profit was RMB4 billion. Fosun International’s adjusted net asset value (NAV) was RMB133.5 billion, with a NAV per share reaching HKD18.1. Its four core subsidiaries generated RMB128.2 billion in revenue, accounting for 74% of the Group’s total revenue. Among them, Fosun Pharma achieved a net profit attributable to shareholders of the parent of RMB3.371 billion, representing a year-on-year increase of 21.69%. Fosun Insurance Portugal achieved a net profit attributable to owners of the parent of EUR201 million, up 15.8% year-on-year.

Compared to prior years, Fosun’s results have largely remained stable. However, Fosun made non-cash impairment provisions and value revaluations on certain real estate projects with impairment indicators, as well as goodwill and intangible assets of certain non-core business segments. This resulted in a book loss of RMB23.4 billion in 2025, of which real estate-related impairment accounted for approximately 55%, while impairment of non-core assets accounted for approximately 45%. These provisions do not affect the Company’s overall operations and cash flow.

“Repairing the roof on a sunny day”

Guo Guangchang, Chairman of  Fosun International, emphasized that this impairment is akin to “repairing the roof on a sunny day”, and from a long-term perspective, this impairment marks Fosun’s entry into a new stage of development. “We will divest assets with low profitability and value below target, and focus our resources on core, high‑growth areas, steering the Company toward a leaner, healthier, and more sustainable future.”

He explained that the operating results of Fosun’s various business segments indicate that Fosun’s core businesses remain solid. The pharmaceutical business has continued to make breakthroughs in its global expansion, with multiple products launched overseas and several promising pipeline products. The insurance business recorded growth both domestically and internationally, with Fosun Insurance Portugal expanding its business into regions such as Latin America and Africa. Meanwhile, domestic insurance companies, Fosun United Health Insurance and Pramerica Fosun Life Insurance, recorded significant profit increases. In the culture and tourism business, Club Med achieved record-high results.

“These businesses are capable of generating sustainable profit and cash flow, laying the foundation for Fosun’s continued growth. Following this significant impairment, Fosun’s future operating results will more accurately reflect the underlying quality of our core businesses,” said Guo Guangchang.

No further impairment pressure is expected going forward

Following Fosun’s results announcement, one of the market’s key concern is the Company’s future impairment pressure. At the results presentation, Wang Qunbin, Co-Chairman of Fosun International, stated that from the Group’s perspective, prudent and adequate provisions were made, taking into account the actual operating environment of each impaired asset, the valuation cycle of the industry in which the asset operates, the projected growth and development of these assets and industries, and in accordance with the principle of prudence and the requirements of Hong Kong accounting standards. At present, Fosun is not expected to face further impairment pressure going forward. Since the Group announced its asset impairment, Fosun’s management has proactively and promptly engaged with rating agencies, major partner banks and public bond investors, and has gained recognition from partners.

Wang Qunbin stated that while Fosun is confident in its financing capabilities in the future, and the domestic and international financing landscape and costs have improved significantly, Fosun remains committed to “streamlining operations and strengthening the business”, focusing on development, and continuously improving its ratings.

High-quality breakthroughs in multiple core business areas

Regarding Fosun’s key business directions, Chen Qiyu, Co-CEO of Fosun International, stated that Fosun will continue to focus on its core businesses to drive medium-to long-term value growth.

First, it will focus on its innovation and globalization strategies to pursue better and more sustainable value. Second, Fosun’s robust global insurance business will drive healthy profit and cash flow growth, serving an important cornerstone for Fosun’s future profit growth. Third, it will continue to advance the asset-light and global operations of its culture and tourism business to better leverage resources and drive efficient growth. In addition, it will strive to upgrade and achieve breakthroughs in high-quality assets and businesses such as Yuyuan’s gold and jewelry business, Shede Spirits, and Hainan Mining.

Xu Xiaoliang, Co-CEO of Fosun International, stated that despite the high degree of uncertainty in the global macroeconomic environment last year, Fosun continued to optimize its financial structure and steadily enhanced business operations by focusing on its core businesses. It also achieved high-quality breakthroughs in multiple core business areas.

Revenue from its four major business segments—Health, Happiness, Wealth, and Intelligent Manufacturing—saw steady growth, overseas revenue continued to increase, innovation became a core competitive advantage, globalization accelerated further, and global operational capabilities continued to strengthen. Going forward, Fosun will continue to deepen its strategic focus, strengthen its global operational capabilities, intensify innovation efforts, and invest in the future with greater composure and determination to achieve long-term, sustainable value growth.

Fully confident in the Company’s future development

Regarding external concerns about Fosun’s financing channels and debt, Gong Ping, CFO of Fosun International, stated that the Group’s diversified financing channels remain open and its cost of debt is steadily declining. Since 2025, Fosun International has completed four long-term bond issuances overseas and successfully issued multiple 2-year credit bonds domestically, effectively extending debt maturity and optimizing debt structure. The proportion of medium- and long-term debt has increased from 48.7% in 2024 to 53.5%. This includes Fosun’s announcement earlier today of a full tender offer to repurchase its remaining US dollar bonds maturing in May 2026, totaling approximately USD205 million, at 100% of par value, with the repurchase funded by the Group’s own funds.

Gong Ping added that Fosun will take a multi-pronged approach to streamline the Group’s asset portfolio and enhance transparency, thereby accelerating valuation recovery. Management has set a clear  medium-term target of achieving a net profit attributable to shareholders of the parent of more than RMB10 billion, mainly by accelerating the sale of asset-heavy projects and non-core subsidiaries, optimizing the asset portfolio, reducing the Group’s interest‑bearing debt to below RMB60 billion, and lowering financial expenses. At the same time, Fosun will actively explore ways to bring non-listed assets to the capital market.

Fosun’s management expressed full confidence in the Company’s future development at the results presentation. The Company’s Board of Directors has announced a share buyback program. Fosun’s major shareholder and management team will also increase their holdings in the shares of the Company. In the future, Fosun will actively explore and gradually introduce further measures to enhance shareholder returns, including optimizing the dividend mechanism, in line with operational improvements and cash flow conditions.

“I believe Fosun has the ability to navigate through cycles. While we may face some short-term challenges, these efforts will position Fosun for steadier, longer-term growth,” said Guo Guangchang.

Prudential Health Summit: Improving Care for Every Patient brings healthcare leaders together to support patients in Hong Kong and the Greater Bay Area

By
Advertorial Desk
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HONG KONG, April 1, 2026 /PRNewswire/ — Prudential Hong Kong Limited (“Prudential”) hosted the Prudential Health Summit: Improving care for every patient (“the Summit”) on 27 March, 2026. The Summit brought together healthcare experts, providers, academia, industry partners and patient groups from Hong Kong and the Greater Bay Area to exchange practical ideas for building a more collaborative healthcare system while supporting better patient experiences and outcomes in an increasingly complex healthcare landscape.  

Senior industry leaders and health partners came together to explore how closer collaboration can help patients feel more confident, better informed and supported when accessing care.
Senior industry leaders and health partners came together to explore how closer collaboration can help patients feel more confident, better informed and supported when accessing care.

Speaking at the Summit, Lawrence Lam, Chief Executive Officer of Prudential Hong Kong, said: “Patient experience is at the heart of how we continue to evolve our health business at Prudential. Improving clarity, coordination and support for patients is a shared responsibility across the entire health ecosystem. Today’s discussions reaffirm the importance of working together to deliver more seamless and reassuring healthcare journeys.”

Arjan Toor, Chief Executive Officer, Health, Prudential plc, added: “Listening to patients is essential to improving how care is experienced. Collaboration across prevention, diagnosis, treatment and recovery enables different industry players to bring their strengths together, providing patients with greater clarity and support at critical health moments, when reassurance and peace of mind matter most.”

The Summit reflects Prudential’s ongoing engagement with healthcare partners, with a shared focus on improving the experience for customers when they are unwell and helping them navigate medical care with greater clarity, assurance and confidence. The panel discussions also drew on insights from Prudential’s Patient Voices survey, which highlights patient experiences and expectations across different stages of their healthcare journeys.

Candy Au Yeung, Chief Customer Operations and Health Officer of Prudential Hong Kong Limited, said: “When people face health concerns, clear information, timely support and peace of mind matter most. Without timely access to care, many are left feeling confused and frustrated. Patients are not outsiders; they are central to the healthcare ecosystem, which is why education and cross–sector collaboration are essential.”

Prof. Eng-kiong Yeoh, Director, Centre for Health Systems and Policy Research, JC School of Public Health and Primary Care, The Chinese University of Hong Kong, said: “It is critical that patients are informed, engaged and empowered throughout their health journey. To achieve this, we need an ongoing platform that brings together medical service providers, healthcare professionals, insurers, regulators and policymakers to work together in strengthening the efficiency and effectiveness of our healthcare system.”

Dr Yannie Soo, Assistant Chief Hospital Manager of Union Hospital, said: “We really have to take action to strengthen the healthcare system so patients can trust it and adhere to the treatment they need, which will help bring the overall healthcare burden down. We also need more coordinated collaboration and better communication among insurers, healthcare providers and patients, so they are aware of potential shortfalls in medical expense early in the treatment process and can prepare ahead.”

Alex Lam, Chairman, Hong Kong Patients’ Voices, said: “Many patients feel uncertain when health issues arise, and finding the right doctor or hospital for appropriate treatment can be challenging, particularly when they are unsure where to turn. Hence, access to clear, trustworthy information and support to navigate care is essential. Greater transparency in medical pricing also plays a critical role in helping patients make informed decisions throughout their healthcare journey.”

Dr. Kin Lai Chung, Chief Executive Officer, CUHK Medical Centre, said: “Healthcare institutions play a critical role in the broader health ecosystem. We see strong value in working more closely with insurers and their agency force to share insights on medical developments, specialist expertise and emerging service models, equipping insurance agents with essential medical knowledge to facilitate healthcare decision making for customers and patients. Through stronger industry collaboration, greater transparency and improved affordability, we can build greater trust among the public in medical institutions and deliver care patients can rely on.” 

About Prudential Hong Kong Limited
Prudential has been serving the people of Hong Kong since 1964. Through Prudential Hong Kong Limited and Prudential General Insurance Hong Kong Limited, we provide a range of financial planning services and products including individual life insurance, investment-linked insurance, retirement solutions, health and medical protection, general insurance, and employee benefits to protect over 1.4 million customers in Hong Kong. In 2023, Prudential established its Macau branch to offer health insurance and financial solutions for the Macau community, completing its footprint in the Greater Bay Area. Please visit www.prudential.com.hk for more information.

Tim Ho Wan Secures Its 17th Consecutive Michelin Recognition Under the Jollibee Group

By
Advertorial Desk
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HONG KONG SAR – Media OutReach Newswire – 1 April 2026 -Tim Ho Wan, the dim sum brand hailing from Hong Kong under the Jollibee Group, continues to be recognized in the Michelin Guide Hong Kong & Macau, with its Sham Shui Po store receiving the Bib Gourmand distinction in the 2026 edition. The Bib Gourmand distinction is awarded to restaurants that offer high-quality food at excellent value for money, reinforcing Tim Ho Wan’s long-standing positioning.

Carrying forward a legacy of excellence. Tim Ho Wan’s culinary team upholds the brand’s signature Cantonese craftsmanship, sustaining the consistency and quality behind its 17 consecutive years of Michelin recognition— its most recent earned under the Jollibee Group.
Carrying forward a legacy of excellence. Tim Ho Wan’s culinary team upholds the brand’s signature Cantonese craftsmanship, sustaining the consistency and quality behind its 17 consecutive years of Michelin recognition— its most recent earned under the Jollibee Group.

The recognition marks the 17th consecutive year the same store has been included in the Michelin Guide—a milestone achieved during Tim Ho Wan’s first full year under the Jollibee Group following its acquisition in January 2025. Over the past year, the brand has focused on strengthening systems, chef training, and food quality, reinforcing the consistency that has long defined Tim Ho Wan in its home market.

“Tim Ho Wan’s recognition in the Michelin Guide is a reflection of the care and discipline behind the brand,” said Ernesto Tanmantiong, Jollibee Group Global President and CEO. “At the Jollibee Group, we are committed to growing brands like this in a way that stays true to their roots while allowing more people around the world to experience what makes them special.”

Founded in Hong Kong in 2009 by chefs Mak Kwai Pui and Leung Fai Keung, Tim Ho Wan quickly rose to prominence after earning a Michelin star within its first year. Its Sham Shui Po branch, opened in 2010, has since remained a consistent presence in the Michelin Guide, underscoring the brand’s enduring culinary standards.

Scaling a Heritage Brand Through Operational Discipline

Under the Jollibee Group, Tim Ho Wan has strengthened its operating model to support consistent execution and long-term growth across markets.

Ongoing investments in kitchen systems, chef training, menu development, and store operations have enhanced consistency across locations while preserving the craftsmanship rooted in its Hong Kong origins. The continued recognition in Hong Kong reinforces the market’s role as the brand’s culinary and operational benchmark.

“These capabilities allow us to stay true to what makes Tim Ho Wan special, while ensuring we can deliver that same experience consistently as we grow,” said Sheng Lee, Chief Executive Officer of Tim Ho Wan.

“This recognition reflects the discipline of our teams in delivering consistent quality day in and day out. We remain focused on elevating our craft through rigorous training, responsible sourcing, and thoughtful service so that high-quality meals remain welcoming to guests around the world,” Lee added.

A Distinct Concept for Global Expansion

Tim Ho Wan’s combination of quality and value positions it as a distinctive concept in the global restaurant landscape.

Supported by strengthened systems and operating discipline, the brand offers a compelling platform for growth across international markets—anchored on consistency in its home market and enabled by replicable operating standards.

A Global Brand Rooted in Hong Kong

From a 20-seat dim sum shop in Hong Kong to a globally recognized brand, Tim Ho Wan continues to demonstrate how culinary heritage and operational discipline can come together to create a strong and scalable business.

The latest Bib Gourmand recognition reinforces Tim Ho Wan’s position as a globally relevant dim sum brand—rooted in Hong Kong and supported by the Jollibee Group’s platform for sustained and disciplined growth.

Disciplined Growth Backed by the Jollibee Group

The continued recognition also reflects the Jollibee Group’s approach to scaling heritage brands through operational excellence and long-term stewardship.

“Tim Ho Wan’s sustained recognition reflects the strength of its heritage and the discipline behind its execution,” said Richard Shin, CEO of JFC International and Global Chief Financial and Risk Officer of the Jollibee Group. “At the Jollibee Group, we focus on strengthening the systems and platforms that allow brands like Tim Ho Wan to grow while preserving the authenticity and craftsmanship that made them successful.”

System-wide sales (SWS) expanded significantly from Php1.3 billion in 2024 to Php8.1 billion in 2025, highlighting the brand’s accelerating scale and growing contribution to the Group’s global operations.

In its home market, Tim Ho Wan has strengthened its core Hong Kong footprint, doubling its store network to 10 locations within approximately one year. Recent store openings have delivered attractive payback periods (circa 1.5 years) and profitability, reinforcing confidence in the brand’s unit economics and disciplined growth approach.

Growth has been broad-based across both company-operated and franchise markets. Sales performance strengthened across markets such as Hong Kong, Singapore, and China, while franchise markets, including the Philippines, Vietnam, and Japan, continue to build momentum, further validating the brand’s strong international resonance and scalability.

The brand also reached an important milestone in its global expansion with the opening of its first company-operated North America store in Irvine, California, marking a significant step in establishing a direct presence in one of the world’s largest consumer markets. This re-entry into North America reflects the transportability of the brand’s operating model and positions Tim How Wan for a new phase of long-term growth and further global brand development.

Hashtag: #JollibeeGroup

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

About Jollibee Group

Jollibee Foods Corporation (PSE: JFC) (the “Company”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio that includes 19 brands (the “Jollibee Group”) with over 10,000 stores and cafés across 33 countries.

The Jollibee Group’s portfolio includes nine (9) wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five (5) franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and in Botrista, a leader in beverage technology.

The Jollibee Group’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

The Company has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a four-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.

To learn more about Jollibee Group, visit

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