SHENZHEN, China, March 13, 2026 /PRNewswire/ — More than 2,000 film and TV companies and over 5,000 showbiz professionals are gathering at a heavyweight industry event that kicked off this morning in Shenzhen.

Founded in 2010, the China International New Media Short Film Festival (CSFF) is the country’s only nationally recognized international short film festival, held every year in Shenzhen. Shenzhen Media Group is one of the organizers of the festival. The city also hosts the China (Shenzhen) International TV Drama Trading Fair, which was initiated in December 2014.

During the opening ceremony this morning, the National Radio and Television Administration announced the establishment of a “Ju Hao Kan” (“Good Dramas”) Big Screen On-Demand Alliance. The alliance, which adopts blockchain technology, will ensure that high-quality content — including web series and short or medium-length dramas — can easily reach mainstream broadcasting platforms across the country. It also guarantees that content creators can view broadcast data and that revenue-sharing records are traceable.

A report on the short drama industry, a study on its future growth, and a white paper on the overseas expansion of Chinese short dramas will be released during the conference.

Meanwhile, China’s State TV, Mango TV, Hunan Satellite TV, and premium video platforms like iQiyi, Youku, Tencent, and Hongguo Short Drama will announce their production plans for 2026.

In addition to the platforms, leading production firms, including Daylight Entertainment (“Nirvana in Fire”), Huace Film & TV, and Linmon Media (“A Little Reunion,” “Nothing But Thirty”), are participating alongside Hengdian World Studios and other shooting bases. More than 30 of these firms will release trailers for new shows.

This year, the CSFF has received more than 500 short films submitted by creators from all APEC economies. This year will also see the addition of the Annual Premium Short Drama award and the APEC Economies Premium Short Films and Drama award.

Shenzhen, which produced the popular short TV series “Miracle” and the “Boonie Bears” films, is a leader in the film and drama industry. According to DataEye founder Wang Xiangbin, from January to October 2025, overseas in-app purchase revenue for short dramas exceeded US$1.847 billion, with Shenzhen enterprises contributing over 50% of China’s exports.

MUMBAI, India, March 13, 2026 /PRNewswire/ — Re Sustainability has signed an exclusive MoU with Indian Oil Corporation Limited to launch India’s first structured national initiative for the collection and recycling of used lubricating oil. The initiative will enable systematic recovery and re-refining of used lubricants, reducing reliance on virgin crude-derived base oils while conserving resources and lowering foreign exchange outflows.

The collaboration will establish a dedicated SPV to build a nationwide reverse logistics and collection network for used lubricating oil. The platform will aggregate lubricants from industrial and automotive sectors and develop Re-Refined Base Oil (RRBO) infrastructure to produce Group I and Group II+ base oils in partnership with Re Sustainability and its technology partners.

Mr. Bankim Patra, Country Head (Lubes), Indian Oil Corporation Limited:
“As India’s largest integrated energy company, Indian Oil is committed to advancing solutions that strengthen energy security and environmental responsibility. This collaboration supports the creation of sustainable value chains for responsible recovery, reuse, and circular utilisation of lubricants.”

Recovered oil will be processed into Re-Refined Base Oil (RRBO) and reintroduced into lubricant manufacturing. This circular approach reduces reliance on virgin crude-derived base oils and improves resource efficiency across the sector.

Mr. Masood Mallick, Managing Director & Group CEO, Re Sustainability Limited:
“India’s journey towards a circular economy requires large-scale systems that can recover value from complex waste streams and reintegrate them into productive use. Our partnership with Indian Oil marks a transformative step towards institutionalising oil recycling at industrial scale in India. By building an integrated ecosystem for used lubricant recovery and re-refining, we are enabling the transition from waste management to resource recovery while strengthening India’s environmental infrastructure and circular economy.”

The partnership targets an annual collection of 100 KTA of used lubricating oil through a nationwide network of aggregation, logistics, and traceability systems. The initiative will also establish a re-refining facility with a capacity of 50 to 100 KTA of Group II+ RRBO.

It will additionally include recovery and recycling of plastic lubricant containers in line with Extended Producer Responsibility (EPR) regulations.

India generates about 1.3 million tonnes of used lubricating oil annually, but only around 0.2 million tonnes is recovered through formal recycling. This initiative aims to expand formal recovery infrastructure, unlock the value of used lubricants, and support India’s transition toward a circular and resource-efficient economy.

Left to Right: Mr. Masood Mallick, Managing Director & Group CEO, Re Sustainability, exchanging the MoU with Mr. Bankim Patra, Country Head (Lubes), Indian Oil Corporation Limited.

LOS ANGELES, March 13, 2026 /PRNewswire/ — Eoptolink Technology Inc., Ltd., a global leader and innovator in advanced optical interconnect solutions, today announced the launch of its high-density 6.4T NPO optical module at OFC 2026. Designed to meet the demanding requirements of AI data centers, the new solution delivers exceptional performance, density, and efficiency for next-generation optical interconnects.

Eoptolink’s 6.4T NPO is a high-density near-packaged optical transceiver module designed to address performance and density challenges in AI data center interconnects. The module delivers 6.4 Tbps aggregate throughput across 32 lanes operating at 200 Gbps each, leveraging advanced Silicon Photonics (SiPh) technology.

“We are excited to introduce the 6.4T NPO solution, which represents a significant leap forward in optical interconnect technology,” said Supriyo Dey, VP of Business Development at Eoptolink. “This product is engineered to meet the evolving needs of AI data centers, delivering high bandwidth, improved density, and outstanding energy efficiency.”

Eoptolink will be showcasing its latest 6.4T NPO, 12.8T XPO, 400G/lambda-1.6T DR4, and 200G/lambda-1.6T FRO/LRO/LPO series optical transceiver solutions at the Eoptolink booth (#1211) during OFC 2026 in Los Angeles, CA. Visitors are invited to stop by the booth to experience the performance of these solutions first-hand.

About Eoptolink

Eoptolink Technology Inc., Ltd. is a global leader and innovator in advanced optical interconnect solutions for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI/ML Cluster, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world.

Contact Us

USA:              3191 Laurelview Court, Fremont, CA 94538
Singapore:     72 Bendmeer Road, #02-05, Luzerne, Singapore 339941
Thailand:       7/618, Mu 6, Map Yang Phon, Pluak Daeng District, Rayong 21140
China (HQ):   No.510 Wulian Avenue, Chengdu 610200
E-mail:           sales@eoptolink.com

GLENDORA, Calif., March 13, 2026 /PRNewswire/ — Electric mobility brand Hiboy is making a bigger move into physical retail. The company’s compact commuter e-bike, the Hiboy C1, is now appearing in select Costco warehouse locations across the United States, and members can currently find it.

For a brand that first built its reputation online, the Costco rollout signals a broader shift toward traditional retail shelves. It also puts the Hiboy C1 in front of a much wider audience of everyday riders who may be encountering electric bikes for the first time during a routine warehouse visit.

From Online Mobility Brand to Warehouse Aisles

Costco has become an increasingly interesting place to spot e-bikes lately. Alongside everything from bulk groceries to patio furniture, the warehouse giant has quietly expanded its selection of personal mobility products.

For Hiboy, getting a product onto those warehouse floors is no small feat. Costco is known for a tightly controlled product lineup, often carrying only a handful of models in each category. That means every item must pass internal evaluations around reliability, value, and customer demand.

The appearance of the Hiboy C1 suggests the retailer sees growing interest in affordable electric transportation, particularly bikes designed for short daily trips and city commuting.

Hiboy has been steadily expanding its retail footprint in recent years. In addition to Costco, the brand’s scooters and e-bikes can also be found through national retailers like Best Buy and Walmart, signaling a shift from a purely digital brand toward broader mainstream distribution.

20% OFF: A Lower Entry Price for Costco Members

For Costco shoppers, the new listing also comes with a price advantage. The Hiboy C1 is currently offered with a 20% discount, bringing the commuter-focused e-bike into a price range that’s attractive for riders curious about trying electric transportation without committing to a high-end model.

That combination, warehouse availability plus a reduced price, is often how many first-time riders end up purchasing their first e-bike.

And unlike online orders, warehouse availability means some customers may be able to pick one up and ride it home the same day.

The Hiboy C1: A Compact City Commuter

Positioned as an everyday commuter bike, the Hiboy C1 focuses on practical urban riding rather than high-performance specs.

The bike features a minimalist step-through design with a streamlined one-piece frame and internally routed wiring. The integrated construction removes visible weld seams, giving the bike a cleaner appearance compared to many entry-level commuter models.

Key features include:

• Suspension: Front suspension fork for smoother city riding
• Lighting: Integrated headlight for improved visibility
• Riding Modes: Pure electric, pedal assist, and standard bicycle mode

The setup makes the Hiboy C1 suitable for short urban commutes, neighborhood rides, and quick errands, exactly the kind of trips where many riders are starting to swap cars for lighter electric mobility.

Why Warehouse Retail Still Matters for E-Bikes

While many e-bike brands grow primarily through online channels, physical retail remains an important way for new riders to discover and experience e-bikes. Seeing a bike in person, and knowing it comes from a retailer with a well-known return policy, can make customers more comfortable making the jump to electric transportation.

For Costco, adding more personal mobility products also reflects a broader shift in consumer behavior. E-bikes and electric scooters have become increasingly common in cities as commuters look for alternatives to traffic, parking costs, and rising fuel prices. Affordable, entry-level commuter bikes like the Hiboy C1 are often where that transition begins.

Looking Ahead

Hiboy’s arrival in Costco stores may be just the beginning of a deeper retail partnership. As interest in electric transportation continues to grow, warehouse retailers and big-box chains are becoming an important gateway for bringing e-bikes to a broader audience.

For now, Costco members browsing the warehouse aisles may notice something new parked between the seasonal displays and sporting goods section: a compact commuter e-bike designed to make everyday trips a little easier.

And with a 20% member discount attached, the Hiboy C1 could end up being one of the more accessible entry points into electric riding yet.

About Hiboy 

Hiboy is a personal mobility brand in North America known for its reliable and accessible electric scooters and e-bikes. The company focuses on developing practical short-distance transportation solutions that prioritize safety, durability, and everyday usability. .

Guided by its slogan, “Begin the Joyride,” Hiboy is committed to delivering dependable and cost-effective products that make everyday transportation more enjoyable and sustainable, helping riders embrace smarter, greener mobility.

NEW YORK, March 13, 2026 /PRNewswire/ — High-Trend International Group (Nasdaq: HTCO), a global ocean technology company, today announced a major strategic initiative aimed at accelerating the Company’s expansion into the United States and strengthening its engagement with U.S. capital markets.

Chairman Christopher Nixon Cox with White House Legacy to Lead U.S. Strategy

The Company announced that its Chairman of the Board of Directors, Christopher Nixon Cox, a member of the family of former U.S. President Richard Nixon, will personally lead the Company’s strategic initiatives and operational development in the United States.

In addition to serving as Chair of the Company’s newly established U.S. Operations Independent Governance Committee, Mr. Cox will directly oversee the planning, investment execution, and operational development of the Company’s U.S. initiatives. As the core leader of HTCO’s U.S. strategy, he will take on key responsibilities including formulating medium-to-long-term development strategies for the U.S. market, coordinating global resource networks for optimal integration, leading the identification, evaluation and execution of strategic M&A projects, and driving critical financing initiatives to solidify the Company’s capital structure.

The Board believes that combining governance leadership with direct operational involvement, leveraging Mr. Cox’s strategic leadership and rich experience in resource integration and major transactions, will accelerate HTCO’s entry into the U.S. and significantly strengthen the Company’s positioning within the U.S. capital markets.

Establishment of the U.S. Operations Independent Governance Committee

To further strengthen the Company’s governance framework and support its U.S. expansion, the Board of Directors approved the establishment of a U.S. Operations Independent Governance Committee.

The committee will oversee U.S. strategy, capital market initiatives, major investments, and the development of strategic projects in the United States, providing a robust governance guarantee for the steady advancement of HTCO’s U.S. business layout and the implementation of key strategic decisions. This Committee consists of Christopher Nixon Cox as Chairman, Christopher Renn and Jinyu Chang as members.

Performance-Based Equity Incentive Aligned with Shareholder Value – Market-Based Pricing Reflects Value Recognition and Growth Confidence

The Company also announced that it has established a long-term, performance-based equity incentive plan for Mr. Cox, which is designed to align the leadership’s performance with the creation of long-term shareholder value. Mr. Cox has been granted market-priced stock options to purchase an aggregate of 1,030,000 shares of the Company’s class A ordinary shares, consisting of two tranches: Tranche 1 consists of options to purchase 80,000 shares with an exercise price of $8.27 per share, based on the closing price of HTCO’s class A ordinary shares on the Nasdaq Capital Market on the grant date; Tranche 2 consists of options to purchase 950,000 shares, also with an exercise price of $8.27 per share.

Under the incentive plan, a significant portion of the stock option grants will only vest upon the achievement of key strategic milestones:

Tranche 1 (80,000 shares):

• 50,000 options vested immediately;            
• the remaining 30,000 shares vest in stages during 2026–2027, subject to the recipient’s continued service with the Company, vesting as follows:          
  • 10,000 shares vest on December 10, 2026, exercisable through December 10, 2036, which is a retention bonus and not subject to performance review;  
  • 10,000 shares vest on December 10, 2026, exercisable through December 10, 2036, subject to performance review;
  • 10,000 shares vest on December 10, 2027, exercisable through December 10, 2037, subject to performance review.

Tranche 2 (950,000 shares):   

• will become exercisable upon the achievement of core strategic milestones including:            
  • forming and leading the Company’s U.S. projects and ongoing operations;     
  • raising a minimum of $50 million for the Company through one or more financing transactions;     
  • (the Company achieving a market capitalization of $300 million based on a 30-day VWAP on a fully diluted basis.

Under this market-based pricing and differentiated vesting structure the Chairman will stand at the same value starting point as all public shareholders, sharing both upside potential and market risks, and further aligns his personal interests closely with those of the Company and its shareholders. Shixuan He, Chief Executive Officer of HTCO, stated, “This equity incentive arrangement will solidify the linkage between leadership incentives for Mr. Cox and long-term shareholder value creation.”

Strategic Growth Platform in the United States

HTCO views the U.S. as a core market for its next stage of growth and intends to expand through strategic investments, capital formation, innovative project development, and targeted strategic M&A. The Company intends to leverage Chairman Christopher Nixon Cox’s strategic leadership and resource integration capabilities to foster strategic partnerships in the U.S. market, enhance operational efficiency and synergies, and accelerate scale expansion and business diversification in the shipping and technology sectors.

The Company believes that leveraging the depth and global influence of the U.S. capital markets, combined with the precise strategic deployment and strong leadership of Mr. Cox, will strongly support the formation of HTCO’s long-term international growth platform and drive the sustainable development of the Company’s global shipping and technology business.

About High-Trend International Group

High-Trend International Group is a global ocean transportation company.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and can be identified by words such as “believe,” “expect,” “anticipate,” “future,” “will,” “intend,” “plan,” “estimate” or similar expressions. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those indicated by these statements, including but not limited to those detailed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F for the fiscal year ended October 31, 2025. All information in this press release is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement, except as required by applicable law.

BEIJING, March 13, 2026 /PRNewswire/ — At the recent FOSSASIA Summit 2026 in Bangkok, Thailand, developers and open source communities from across Asia and beyond gathered to share the latest advancements in open technologies. China’s open source operating system community openKylin participated with multiple technical talks and an interactive booth, highlighting its latest work on integrating artificial intelligence into operating system architecture.

AI-Native Architecture: Redefining the Core Capabilities of Operating Systems

As large language models and multimodal AI continue to mature, operating systems are evolving from passive resource management platforms into intelligent systems capable of understanding and assisting users. openKylin 2.0 is exploring this shift through a full-stack AI approach aimed at building an AI-native operating system for the intelligent computing era.

During the summit, the openKylin technical team introduced its Linux-native AI subsystem architecture currently under development. The design treats AI as a fundamental capability of the operating system rather than an add-on at the application layer, enabling unified intelligent services for both applications and system components.

A Three-Layer Decoupled Design to Simplify AI Development

To address challenges such as diverse hardware platforms, fragmented model frameworks, and complex integration processes, openKylin proposes a three-layer architecture consisting of a Unified Inference Framework, an AI Runtime Layer, and an AI SDK Layer. This structure decouples models from hardware and applications from models, allowing developers to build AI applications without managing underlying infrastructure complexity.

Device–Cloud Collaboration with Built-in Privacy Protection

The subsystem also supports hybrid device–cloud inference. Through an AI Engine module, tasks can dynamically run either locally or in the cloud depending on computing resources, network conditions, and privacy requirements — ensuring both performance and data protection.

From “AI on OS” to “AI for OS”

Looking ahead, openKylin is promoting a shift from “AI on OS” to “AI for OS,” pursuing deeper integration between AI and operating systems while exploring technologies such as multi-agent collaboration, lightweight device-side models, and system-level AI interfaces.

Through its talks, demonstrations, and booth interactions at FOSSASIA, openKylin signaled its ambition to contribute to the global evolution of AI-native open source operating systems. More information about the distribution can also be found on DistroWatch.