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Erayak Power Solution Strategic Update: Accelerating High-Capacity UPS-Integrated Platforms to Support AI-Driven Energy Demand

Prototype preview expected at the 2026 National Hardware Show as Ruike Electronics facility advances

WENZHOU, China, March 24, 2026 /PRNewswire/ — Erayak Power Solution Group Inc. (Nasdaq: RAYA) (“Erayak” or the “Company”), a developer and manufacturer of portable power equipment, today announced a strategic business update centered on its transition toward high-capacity, mission-critical power solutions. The Company is pivoting to address the growing energy gap created by the North American AI infrastructure boom through integrated UPS (Uninterruptible Power Supply) functionality and expanded manufacturing capabilities.

The update reflects Erayak’s continued investment in product innovation and manufacturing capabilities as backup power, energy resilience, and grid reliability have become increasingly discussed topics across North America, particularly in connection with extreme weather events and residential preparedness planning.

Addressing the AI Power Gap with High-Capacity Inverter Platforms

As AI-driven edge computing and residential technology demands stress the North American grid, Erayak is accelerating the development of next-generation inverter generator platforms that function as more than just backup power.

Key developments include:

  • Expansion into >13 kW Platforms: While current offerings lead in the 1 kW to 13 kW range, Erayak is now integrating diesel manufacturing resources and R&D to push into higher power tiers designed for industrial-grade resilience and decentralized power support.
  • Integrated UPS Capabilities: Leveraging its expertise in sine wave inverters and battery storage , the Company is optimizing its new 9 kW and 13 kW tri-fuel platforms to include seamless UPS functionality. This ensures “zero-latency” power transitions for sensitive hardware, positioning Erayak as a specialized player in the AI-adjacent power sector.
  • Tri-Fuel Engineering Testing: New 4 kW to 13 kW platforms have entered the engineering testing phase. These units maintain the stability and fuel efficiency of inverter systems while offering the high output required for modern energy-intensive environments.

Expansion of Camping and Outdoor Portable Power Solutions

In addition to higher-capacity generator platforms, Erayak is also continuing to upgrade its lineup of 1 kW to 4 kW portable quiet inverter generators for RV and camping-oriented applications. The Company is evaluating the introduction of additional battery-based portable power stations designed to complement traditional generators in outdoor environments, which may become available during the upcoming camping season.

Manufacturing Milestone: Ruike Electronics

Erayak provided an update on the construction progress of the industrial facility for its subsidiary Ruike Electronics. More than half of the main structural framework of the facility has been completed, marking a key milestone. The facility is progressing ahead of schedule and is expected to reach completion and delivery in the second half of 2026. Once operational, this site will serve as the production hub for Erayak’s high-capacity platforms and next-gen UPS-integrated power stations, supporting the Company’s strategic pivot toward mission-critical infrastructure.

Management Commentary

“The conversation in North America has shifted from simple backup power to total energy resilience,” said Lingyi Kong, Chairman and CEO of Erayak. “We are evolving Erayak to be a critical link in the AI power chain. By integrating diesel resources and advancing our UPS-capable inverter technology, we are filling a unique niche: providing the reliable, high-output, and stable electricity that high-performance computing and smart infrastructure demand. We are no longer just a generator company; we are an essential component of the distributed power grid.”

About Erayak Power Solution Group Inc.

Erayak specializes in the manufacturing, research and development, and wholesale and retail of power solution products. Erayak’s product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Our products are used principally in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. Our goal is to be the premier power solutions brand and a solution for mobile life and outdoor living. For more information, visit www.erayakpower.com. 

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. 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 registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Investor Relations
Erayak Power Solution Group Inc.
Email: investor@erayakpower.com
Website: www.erayakpower.com

 

Discovery Life Sciences and Mindpeak Partner to Bring AI Precision to Cancer Biomarker Testing in Global Clinical Trials

New alliance takes aim at inconsistent biomarker interpretation across pathologists, a persistent challenge in drug development

HUNTSVILLE, Ala. and HAMBURG, Germany, March 24, 2026 /PRNewswire/ — Inconsistent biomarker interpretation across pathologists remains one of the more stubborn challenges in clinical trial development, contributing to variability in patient stratification and eroding confidence in critical go/no-go decisions. Discovery Life Sciences (Discovery), a provider of biospecimens and biomarker specialty lab services, and Mindpeak, a leading company in AI-powered digital pathology, today announced a partnership designed to address that problem directly, integrating AI-enabled digital image analysis into pathology services for immunohistochemistry (IHC) and multiplex immunofluorescence (mIF) in global clinical trials.

The collaboration aims to support biopharma R&D and clinical research by improving biomarker quantification and inter-reader concordance, helping to reduce variability, de-risk biomarker-driven trials and strengthen confidence in critical development decisions.

The partnership couples Mindpeak’s AI platform with Discovery’s tissue biomarker services to analyze IHC and mIF slides. Mindpeak’s technology acts as a safeguarding tool for biopharma, reducing risks in biomarker development by improving consistency in interpretation across pathologists. It includes AI-enabled pathology workflows, pathologist training via Mindpeak’s peakAcademy, and AI-guided microdissection algorithms to isolate specific tissue regions with high accuracy.

Discovery brings significant clinical infrastructure to the alliance. Its Biomarker Academy, a peer-to-peer pathologist training program established in 2008, has trained more than 6,000 pathologists in biomarker interpretation and scoring over the past 15 years. Discovery has supported more than 2,000 clinical trial programs, with 350 currently active, and has completed over 35 IVDR-compliant studies across 16 EU countries involving 25 biomarkers in the past four years. This partnership extends Discovery’s AI advancements, building on existing H&E-focused AI solutions for biospecimen analysis, including automated quality control, tumor quantification, and detailed tumor microenvironment characterization across various therapeutic areas.

“As AI use in pathology increases for clinical research, this partnership with Mindpeak allows integration of modeling tools that can enable improved accuracy in biomarker analysis,” said Greg Herrema, CEO of Discovery Life Sciences. “Combining these AI capabilities with our clinical trials expertise will help assist in advancing the development of biomarker-focused therapies.”

The Mindpeak and Discovery alliance aims to streamline trial processes and enhance data reproducibility in regulated settings, supporting more confident decisions in patient stratification and therapeutic development.

“This collaboration with Discovery Life Sciences provides access to our AI platform, training and microdissection tools, supporting researchers in IHC and mIF applications and helping to drive greater consistency and confidence in biomarker assessment,” said Felix Faber, Founder and CEO of Mindpeak. Additional details on the partnership and use cases will be presented at the AACR Annual Meeting 2026. Attendees can join a flash talk at the Discovery Life Sciences exhibit from April 17-22 at the San Diego Convention Center in San Diego, California. Contact info@dls.com for more information.

About Discovery Life Sciences

Discovery Life Sciences is a global leader in biospecimens and specialty lab services, enabling the discovery and development of therapeutics and diagnostics that improve patient outcomes. Our extensive portfolio of biospecimens, cellular starting materials, and preclinical ADME-tox solutions accelerates research with reliable, high-quality products and expertise. Through our comprehensive suite of specialty lab services in genomics, proteomics, cell biology, and molecular pathology, we deliver critical data and insights for biomarker discovery and both retrospective and prospective clinical trials. With a vision to be the most trusted partner in life science research and clinical development, Discovery Life Sciences is committed to advancing life sciences and transforming lives.

Visit www.dls.com and follow us on LinkedIn for more information. 

About Mindpeak

Mindpeak is the leading company in AI-powered digital pathology, bridging the gap from biomarker development to clinical diagnostics. Founded in 2018, Mindpeak’s AI technology enables laboratories to extract actionable insights from H&E, IHC and mIF tissue images – ranging from subcellular biomarker quantification to predictive patient stratification. The solutions support both routine diagnostics and the translation of novel biomarkers into real-world clinical applications.

For more information, visit www.mindpeak.ai or follow us on LinkedIn.

Discovery Life Sciences Media
Todd Poley
Chief Marketing Officer
+1 256 505 1578
todd.poley@dls.com

Mindpeak Media
Tanya von Ahlefeldt
MD Health – on behalf of Mindpeak
+44 (0)7590 754906
mindpeak@mdhealthcomms.com

Discovery Life Sciences partners with Mindpeak
Discovery Life Sciences partners with Mindpeak

 

Dynacast Expands Integrated Manufacturing Capabilities with Addition of Platinadora Baja

CHARLOTTE, N.C., March 24, 2026 /PRNewswire/ — Form Technologies, the parent company of Dynacast, a global leader in precision die casting, announced today the acquisition of Platinadora Baja, expanding Dynacast’s integrated manufacturing capabilities and broadening its portfolio of precision component manufacturing solutions.

With the addition of Platinadora Baja’s capabilities, Dynacast builds on its existing strengths in precision manufacturing, expanding its integrated offering to span the full manufacturing process—from engineering, tooling, and die casting to specialized downstream processes and assembly.

Platinadora Baja has built a strong reputation in the industry as a single-source manufacturing partner, combining specialized metal finishing capabilities with high-pressure zinc die casting and, more recently, aluminum die casting. The company offers a range of downstream processes that complement die casting, including plating, powder coating, machining, deburring, impregnation, pad printing, and assembly.

As part of the transaction, Platinadora’s founder, Guillermo Fernandez, will continue leading operations, working closely with Dynacast leadership as the business continues to grow. Platinadora Baja will continue operating with its existing team, ensuring continuity for customers while building on the strong foundation the company has established.

Demand for more integrated manufacturing solutions continues to grow as companies seek to streamline and optimize their supply chains. The addition of Platinadora Baja further expands Dynacast’s capabilities and strengthens its global manufacturing network.

“Platinadora has built an impressive reputation in metal finishing and complementary manufacturing capabilities, and we are excited to welcome their team to Dynacast,” said Reza Messdaghi, President of Dynacast. “Their expertise strengthens our integrated manufacturing platform and expands the range of solutions we can deliver to customers.”

“We’ve spent years building a strong team and developing deep expertise in specialized finishing and precision manufacturing processes,” said Guillermo Fernandez, Founder of Platinadora Baja. “Partnering with Dynacast allows us to build on that foundation, expand our capabilities, and continue delivering high-quality solutions as we grow the business together.”

About Dynacast
Dynacast is a global manufacturer of precision engineered metal components and proprietary manufacturing technology, specializing in precision die casting and the in-house design and construction of die casting machines and tooling. The company produces engineered components using proprietary multi-slide technology and serves industries including aerospace, defense, automotive, consumer electronics, healthcare, and industrial markets. With operations worldwide, Dynacast combines advanced die casting with machining, finishing, and other integrated manufacturing capabilities to deliver precision metal components for complex applications. Dynacast is part of Form Technologies, a global leader in advanced precision component manufacturing.

About Form Technologies
Form Technologies is a global leader in advanced precision component manufacturing, delivering complex, high-performance solutions to leading OEMs worldwide. Through its portfolio of specialized brands, including Dynacast, Signicast, and OptiMIM, the company provides a range of precision manufacturing technologies, including die casting, investment casting, and metal injection molding, serving diverse end markets.

For more information, visit www.dynacast.com

Media Contact:
Form Technologies Marketing
MarketingFormTechnologies@formtechnologies.com

Rain Expands Visa Membership Into Asia-Pacific, Advancing the Reach of Its Global Stablecoin Payment Infrastructure

Rain’s expanded issuing footprint enables global consumer and corporate credit card programs across some of the world’s most digitally active economies.

NEW YORK, March 24, 2026 /PRNewswire/ — Rain, the enterprise-grade infrastructure for stablecoin-powered payments, today announced a major expansion of its Visa Membership into Asia-Pacific (APAC). Through Visa, a world leader in digital payments, Rain is expanding its card issuing footprint in the region, broadening its global infrastructure and allowing partners to launch and scale consumer and corporate credit card programs in some of the world’s most digitally active economies, with initial launches expected in Q2 2026.

The expansion builds on Rain’s existing issuing infrastructure and introduces a regulated presence in the region, strengthening the company’s long-term issuing capabilities across APAC and enabling partners to launch and scale programs with greater regional stability. This milestone establishes Rain as one of the few stablecoin infrastructure platforms with direct Visa Membership supporting programs at this scale.

Asia-Pacific has emerged as one of the world’s most active regions for digital asset adoption, consistently ranking among global leaders in stablecoin usage and home to some of the world’s largest remittance corridors. According to the International Monetary Fund, the region accounted for more than $500 billion in stablecoin transactions in 2024, making it the second-largest region globally after North America.

“Businesses operating internationally should not have to stitch together multiple issuing partners and vendors just to launch a global card program,” said Farooq Malik, CEO and Co-Founder of Rain. “Our expansion into Asia-Pacific allows partners to build and scale global programs through a single platform, while stablecoins improve how money moves behind the scenes.”

The expansion unlocks a range of high-impact payment use cases across the region, including:

  • Consumer and retail payments: Partners can launch Visa-branded card programs across APAC, with acceptance at over 150 million merchant locations worldwide. Stablecoins power settlement flows behind the scenes while preserving the familiar card experience for consumers.
  • Instantly spendable remittances: APAC is home to some of the world’s largest remittance corridors. Stablecoin-backed card infrastructure allows recipients to instantly spend remittance funds at Visa-accepted merchants worldwide, while keeping value within the provider’s ecosystem and reducing reliance on costly cash-out and bank transfer flows.
  • Corporate treasury and global payouts: Export-driven businesses across APAC can use stablecoin-backed card infrastructure to manage multi-currency treasury operations, fund corporate cards, and distribute payouts across global workforces and supply chains.

Rain’s model keeps stablecoins simple for the end user. Cardholders transact as they normally would at millions of merchants worldwide, while stablecoins power efficient settlement flows behind the scenes. This architecture allows enterprises to modernize their financial infrastructure without requiring changes to consumer behavior or merchant acceptance.

“Visa is committed to enabling innovative partners and expanding global access to digital payments,” said Nischint Sanghavi, Visa’s Crypto Lead for the Asia-Pacific region. “Our collaboration with Rain reflects our focus on delivering secure, scalable payment experiences as digital assets continue to evolve.”

This milestone marks the beginning of Rain’s broader strategic buildout across APAC, with additional markets and program capabilities expected throughout 2026 and beyond. It builds on Rain’s rapid growth and continued investment in borderless infrastructure, enterprise-grade compliance, and the systems that enable partners to launch and scale payment programs worldwide. As stablecoins become embedded within mainstream commerce, Rain remains focused on advancing the infrastructure that makes tokenized money spendable everywhere.

About Rain

Rain is the global stablecoin payments platform for enterprises, neobanks, platforms, and developers. Its technology allows partners to move, store, and use stablecoins instantly and compliantly through global payment cards, rewards, on/offramps, wallets, and cross-border rails. Rain issues cards that work at over 150 million merchants across 150 countries. Built natively for stablecoins and trusted by more than 200 organizations worldwide, Rain delivers secure, scalable infrastructure that makes money move freely and instantly around the world. Learn more at https://www.rain.xyz/.

Media Contact:
Lucas Piazza
Marketing Lead, Rain
lucas@rain.xyz

SPESYN Launches ST3 on Kickstarter, Bringing Drill-Press Precision to a Handheld Power Tool

Empowered by 90° alignment, real-time depth sensing with 0.1 mm accuracy, and Adaptive Torque Intelligence, the ST3 redefines precision for drilling and controlled tapping.

NEW YORK, March 24, 2026 /PRNewswire/ — SPESYN today announced the launch of SPESYN Tool 3, a smart cordless power tool designed to make precision drilling, tapping and screw-driving more consistent. A Kickstarter campaign will go live on March 24, giving makers, DIYers and professional users early access to this new tool.

SPESYN Tool 3_Game-Changing Precision at Every Step
SPESYN Tool 3_Game-Changing Precision at Every Step

Drilling straight, controlling depth in blind holes and cutting clean internal threads are common workshop tasks, but achieving consistent results with handheld tools is difficult. Users often need large drill presses or separate tapping tools for accuracy, which can slow down smaller jobs and require different setups.

While traditional drills offer basic functionality, the SPESYN ST3 is engineered with specialized control for drilling, screw-driving and a dedicated tapping mode. It achieves 90° alignment through a precision mechanical guide, while integrated sensors and an LCD display provide real-time depth readings with ±0.1 mm accuracy.

Founded by robotics engineers, the team behind SPESYN spends much of its time machining parts and building hardware prototypes. “Many makers and builders rely on large machines or multiple tools to achieve precise results,” said Sam Tsai. “SPESYN ST3 was designed to bring that level of precision into a compact handheld tool for everyone from hobbyists and homeowners to professionals.”

The SPESYN Tool 3 Kickstarter campaign will launch at 9:00 AM EST on March 24, offering early supporters exclusive rewards and the opportunity to be among the first to get their hands on the tool. Visit the website for details and early-bird pricing: https://www.kickstarter.com/projects/spesynlab/spesyn-tool-3-the-ultimate-smart-power-tool?ref=14mqvw

Key Features of SPESYN ST3

All-in-One Precision Tool
Integrates drilling, screw-driving and a dedicated tapping mode, with task-specific control and optimized output for more consistent results every time.

90° Precision Alignment
A detachable Front Guide Module (FGM) and dual guide rails help keep the bit perpendicular to the work surface, even on smooth materials such as tile or glass.

±0.1 mm Depth Accuracy
A built-in LCD displays drilling depth in real time with one-touch zeroing, helping users drill and tap blind holes accurately.

Adaptive Torque Intelligence (ATI)
The ST3 features a robust brushless motor and an electronic clutch powered by Adaptive Torque Intelligence (ATI). By sampling current up to 25,000 times per second, the system dynamically optimizes power delivery for any task – ensuring stable performance while providing the surgical precision to prevent material damage without sacrificing raw strength.

Modular and Expandable Design
An interchangeable Front Guide interface allows the ST3 to adapt to various bit lengths and drilling angles via specialized modules. In addition to official options like integrated dust collection, the system’s open architecture supports custom-built jigs for highly specialized applications.

Portable Design and Material Versatility
The ST3 reaches a 20% to 80% charge in under 30 minutes (65W fast charging). From raw power for hardened metal to crack-free precision for glass and tile, the ST3 delivers professional mastery in a compact form.

About SPESYN
SPESYN is a hardware company focused on developing precision tools that make complex tasks easier and more reliable. Founded by engineers with backgrounds in robotics and hardware development, the company designs products that combine mechanical accuracy with intelligent control. SPESYN’s tools are built to help makers, engineers and DIY builders work with greater precision, efficiency and confidence across a wide range of materials and applications. Learn more at www.spesyn.com.

Press Inquiries:
Sam Tsai
Head of Marketing, SPESYN
marketing@spesyn.com

 

RESPEC Engaged to Upgrade Nevada North Lithium Mineral Resource Estimate

High-resolution 3D geological model handed over – process underway to convert resource to Measured and Indicated categories to support ongoing Pre-Feasibility Study.

West Vancouver, British Columbia – Newsfile Corp. – March 24, 2026 – Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the “Company” or “Surge“) is pleased to announce that Nevada North Lithium LLC (“NNL”), the joint venture formed by Surge and Evolution Mining Limited (“Evolution”), has engaged RESPEC to complete an updated Mineral Resource Estimate (MRE) for the Nevada North Lithium Project (NNLP) located in Elko County, Nevada.

Following a highly successful 2025 drill program, all geological data has been processed, and a comprehensive, 3D geological model has been successfully handed over to the RESPEC team. RESPEC is expected to deliver the updated MRE by late April 2026.

A primary objective of this updated MRE is the conversion of a significant portion of the current Inferred resource into the higher-confidence Measured and Indicated categories. This upgraded resource will serve as the foundational geological baseline for the ongoing Pre-Feasibility Study (PFS), which is currently being advanced by Fluor Corporation.

Founded in 1969, RESPEC is a global leader in geoscience, engineering, data, and integrated technology solutions. The firm specializes in supporting the mining industry from exploration to reclamation, offering deep expertise in mineral resource estimations, subsurface geology interpretation, and mining engineering.

Mr. Greg Reimer, President & Chief Executive Officer and Director of Surge, commented, “This upcoming MRE update is a significant milestone for the NNLP. The 2025 drill program was successful in confirming the continuity, true thickness, and premium grade of the Nevada North deposit. By upgrading this resource to the Measured and Indicated categories, we continue to derisk the asset and provide our world-class engineering partners at Fluor with the high-confidence data they need to finalize our Pre-Feasibility flowsheet.”

Qualified Person:
Alan J. Morris, MSc, CPG of Spring Creek, Nevada, Geological Advisor to the Company, and a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical aspects of this news release.

About Surge Battery Metals Inc.
Surge Battery Metals Inc., a Canadian-based mineral exploration company, is at the forefront of securing the supply of domestic lithium through its active engagement in the Nevada North Lithium Project. The project focuses on development of high-grade lithium energy metals in Nevada, USA, a crucial element for powering battery electric storage and electric vehicles. With a primary listing on the TSX Venture Exchange in Canada and a listing on the OTCQX Market in the USA, Surge Battery Metals Inc. is strategically positioned as a key player in advancing lithium exploration.

About Evolution Mining Limited
Evolution Mining is a leading, globally relevant gold miner. Evolution operates six mines, comprising five wholly-owned mines – Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada, and an 80% share in Northparkes in New South Wales.

About Nevada North Lithium LLC
Nevada North Lithium LLC, jointly owned by Surge Battery Metals Inc (72.5%) and Evolution Mining Limited (27.5%), owns the Nevada North Lithium Project southeast of Jackpot, Nevada about 73 km north-northeast of Wells, Elko County. The first three rounds of drilling at the project identified a strongly mineralized zone of lithium bearing clays occupying a strike length of more than 4,300 meters and a known width of greater than 1,500 meters. Highly anomalous soil values and geophysical surveys suggest there is potential for the clay horizons to be much greater in extent. The Nevada North Lithium Project has a pit-constrained Inferred Resource containing an estimated 11.24 Mt of Lithium Carbonate Equivalent (LCE) grading 3010 ppm Li at a 1,250-ppm cutoff. The recently completed PEA for the project reported an after-tax NPV8% US $9.17 Billion and after-tax IRR of 22.8% at $24,000/t LCE and an OPEX of US $5,243/t LCE.

On behalf of the Board of Directors
“Greg Reimer”
Greg Reimer,
Director, President & CEO

Contact Information
Email: info@surgebatterymetals.com
Phone: 604-662-8184
Website: surgebatterymetals.com

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This document may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan” or “planned”, “possible”, “potential”, “forecast”, “intend”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities including lithium and nickel, the accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental, local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure or water, changes in laws, rules and regulations including in the United States, Nevada or California or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or other currencies, fluctuations in the market for lithium related products, changes in exploration costs and government royalties, export policies or taxes in the United States or any other jurisdiction and other factors or information. The Company’s current plans, expectations, and intentions with respect to development of its business and of its Nevada properties may be impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other market conditions (including US government subsidies or incentives) on its ability to secure further financing or funding of its Nevada properties. Such statements represent the Company’s current views with respect to future events and are necessarily based upon several assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental (including endangered species, habitat preservation and water related risks) and social risks, contingencies, and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.

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

HKSTP Celebrates GreenTech Hub’s First Anniversary: Public-Private Partner Network Reaches 20 Across Hong Kong

Driving “Attract In” and “Go Global”, Accelerating Hong Kong’s Greentech Ecosystem Development


HONG KONG SAR – Media OutReach Newswire – 24 March 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) today hosted the “Green is Action: GreenTech Hub 1st Anniversary Showcase” at InnoCentre in Kowloon Tong, highlighting the achievements of Hong Kong’s leading hub for green innovation over the past year.

HKSTP held the “Green is Action: GreenTech Hub 1st Anniversary Showcase”, Professor Sun Dong, Secretary for Innovation, Technology and Industry, (middle, front row), Dr Sunny Chai Chairman of HKSTP (5th from Left), and Mr Terry Wong, CEO of HKST (5th from right), together with GreenTech Hub partners attended the celebration ceremony to mark the first anniversary of GreenTech Hub.
HKSTP held the “Green is Action: GreenTech Hub 1st Anniversary Showcase”, Professor Sun Dong, Secretary for Innovation, Technology and Industry, (middle, front row), Dr Sunny Chai Chairman of HKSTP (5th from Left), and Mr Terry Wong, CEO of HKST (5th from right), together with GreenTech Hub partners attended the celebration ceremony to mark the first anniversary of GreenTech Hub.

In its first year, GreenTech Hub expanded its partner network from 16 to 20 public-private organisations. By facilitating 360 business matching and hosting more than 100 greentech themed events, the GreenTech Hub is injecting new momentum into Hong Kong’s development as an international green technology and green finance centre.

The celebration ceremony for the 1st Anniversary Showcase was officiated by Professor Sun Dong, Secretary for Innovation, Technology and Industry, he said: “The anniversary of GreenTech Hub today is just the beginning. In collaboration with our three major I&T parks, the Government will continue to invest in I&T infrastructure and foster the development of strategic industries, with a view to enhancing the overall I&T ecosystem and promoting interactive development of the upstream, midstream and downstream sectors.”

Dr Sunny Chai, Chairman of HKSTP, remarked, “The first anniversary of GreenTech Hub proves that Hong Kong is where global green innovation converges and scales. We have attracted world-class R&D to the city while enabling homegrown greentech to be deployed worldwide for sustainable development. Through strategic partnerships, HKSTP is forging closer connections between research, industry, capital and real-world application scenarios, accelerating commercialisation and strengthening Hong Kong’s development into an international green technology and green finance hub.”

Leveraging Hong Kong’s Role as a Super-Connector to Bridge the Full Value Chain from R&D to Commercialisation

HKSTP announced the addition of four new partners to GreenTech Hub: CLP Holdings Limited, CTF Services Limited, Invest Hong Kong, and The Hong Kong and China Gas Company Limited, further strengthening Hong Kong’s green technology collaboration network. The GreenTech Hub brings together 20 partners spanning private enterprises, public bodies, universities, and industry associations. This collaborative ecosystem facilitates business opportunities, fosters knowledge exchange and best practices, and bridges financing gaps to expedite green technology development. Furthermore, leading local universities within the partner network offer talent training, testing facilities, and application scenarios for greentech solutions, speeding the journey from R&D to commercial impact.

HKSTP’s greentech ecosystem encompasses over 230 greentech companies, spanning new energy, green building, smart city solutions and green fintech. As the city’s leading collaborative platform for green innovation in the city, GreenTech Hub works closely with its partners to provide comprehensive support for park companies, fast-track the real-world application of green solutions, and further drive the synergistic development of green technology and green finance.

Global Expert Perspectives on Green Trends Alongside a Showcase of Breakthrough Technologies

The event featured a keynote address by Mr. Ethan N. Elkind, Director of the Climate Program at the Center for Law, Energy and the Environment (CLEE) at the University of California, Berkeley School of Law, who shared insights on global green development trends. Representatives from GreenTech Hub partners and park companies also shared their insights during two thematic panel sessions focusing on ecosystem collaboration and global expansion strategies.

To further elevate Hong Kong’s international profile and thought leadership in green technology, HKSTP plans to publish its first-ever research paper focusing on Hong Kong’s greentech ecosystem and energy storage technology in the fourth quarter of this year. GreenTech covers a broad range of areas, including new energy, energy storage and carbon trading, with battery and energy storage technology identified as one of our key focus areas. Given the strong growth potential of this sector, a dedicated research study would provide a more comprehensive review of the industry landscape and help identify the critical success factors needed to accelerate the commercialisation of battery and energy storage technologies.

As a two-way platform, GreenTech Hub has successfully attracted non-local greentech companies to establish a presence in Hong Kong while supporting local greentech ventures in expanding into international markets. Featured breakthrough technology solutions included:

Aurabeat — Award-winning energy-saving sonic air purification technology

Aurabeat has developed EcoSonic, a sonic air filtration technology combining AG+ silver-ion coating with sonic emitters, designed specifically for the commercial and industrial HVAC market. Its patented technology can reduce filter pressure drop by up to 70%, save up to 50% in energy, and improve indoor air quality. The solution has already been deployed in projects including the MTR, Hysan and Marina Bay Financial Centre in Singapore, demonstrating the strength of Hong Kong greentech in overseas markets.

Gotion High-tech — Globally leading new energy solutions

Gotion High-Tech is a world-leading provider of new energy batteries and green energy solutions. Its smart mobile energy storage charging unit, equipped with 209kWh large-capacity energy storage and 150kW high-power fast charging capability, supports a wide range of new energy transport and application scenarios, offering a breakthrough solution for EV charging infrastructure.

Harmony SkyTech — Drone systems, services and industrial application solutions

Harmony SkyTech showcased an electric vertical take-off and landing fixed-wing drone and related application solutions. These can be widely deployed in scenarios including power grid inspection, oil and gas pipeline inspection, surveying and mapping, logistics, and the transport of critical supplies, underscoring the immense potential of green low-altitude technologies.

Lihe Technology — Fully automated AI-powered water quality monitoring backed by national-level R&D

Lihe Technology specialises in environmental monitoring, water management and industrial automation. Its fully automated AI water quality monitoring system enables smart, highly efficient and precise monitoring. Through strategic collaboration with a GreenTech Hub partner, the company has established Hong Kong’s first branch of a National Engineering Research Centre of Advanced Technology and Equipment for Water Environmental Pollution Monitoring — Marine Eco-Tech Innovation Centre, driving the application and development of related technologies in Hong Kong.

One Energy — Electric motorcycles and the world’s first water-cooled fast-charging battery system

One Energy provides a one-stop e-mobility solution covering electric motorcycles, smart battery swapping stations and battery management systems. Its technology effectively shortens energy replenishment time, improves safety and enhances operational efficiency. The company has successfully expanded its footprint into Southeast Asia, Europe and Africa.

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Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP), established in 2001, has built a thriving innovation and technology (I&T) ecosystem in Hong Kong, supporting 12 unicorns, nurturing over 16,000 research talents, and hosting more than 2,400 technology companies from 24 countries and regions specializing in biomedicine, AI and robotics, fintech, and smart city development. HKSTP is dedicated to positioning Hong Kong as an international I&T hub.

To align with Hong Kong’s future development, HKSTP is committed to attracting and cultivating I&T talent, accelerating the commercialization of innovative outcomes, and providing comprehensive support for technology companies and professionals on their innovation journey. Its vibrant I&T ecosystem continues to grow, encompassing Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three InnoParks in Tai Po, Yuen Long, and Tseung Kwan O. These facilities drive advancements in applied technology, focusing on industries such as advanced manufacturing, micro- electronics, and biotechnology, steering Hong Kong toward new industrialization.

Hong Kong Science Park Shenzhen Branch, located in Futian, Shenzhen, leverages the strategic advantage of “support of the Motherland, connecting to the world.” It serves as a bridge for “bringing in and going global,” actively fostering cross-border I&T collaboration. The Shenzhen Branch supports global technology companies and professionals by providing research and collaboration spaces, with a focus on enterprises in seven key sectors: Medtech, big data and AI, robotics, new materials, microelectronics, fintech, and sustainable development.

HKSTP is dedicated to advancing Hong Kong’s I&T development by providing research infrastructure, startup and enterprise support services, professional investment and business expertise, fostering partnership networks, and attracting top talent. These efforts drive innovation as a new engine for economic growth for Hong Kong. More information about HKSTP is available at .

ProPak Asia 2026 Set to Redefine Processing, Packaging Innovation Across Asia

ProPak Asia 2026 returns bigger than ever in Bangkok this June, bringing together over 2,500 brands and cutting-edge innovations in processing and packaging.

ProPak Asia, Asia’s largest international trade exhibition for processing and packaging technology, is gearing up for its most ambitious edition yet, opening under the theme “New Horizons: Connecting Processing & Packaging Ecosystems, Empowering Sustainability.”