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Tencent Cloud Powers iyzico’s European Expansion with Secure, Scalable Payment Infrastructure

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Advertorial Desk
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BARCELONA, Spain, March 12, 2026 /PRNewswire/ — At Mobile World Congress (MWC) 2026, Tencent Cloud, the cloud business of global technology company Tencent, announced a collaboration with iyzico, a leading Turkish fintech company, to support iyzico’s European expansion and the launch of its first cloud-based production platform in the region. Built on Tencent Cloud’s IaaS infrastructure, the deployment reflects its growing role in supporting regulated financial institutions across Europe’s fintech ecosystem.


Founded in Türkiye, iyzico provides virtual, in-store and supplier network payment solutions and AI-powered payment technologies to e-commerce, retail and B2B businesses of all sizes. Its secure and user-friendly platform simplifies complex payment processes and supports transactions for more than 185,000 merchants including some of Türkiye’s and the world’s biggest e-commerce players and SMEs. By delivering safe and seamless payment experiences for consumers, iyzico has established itself as a key payment infrastructure provider within Türkiye’s rapidly growing e-commerce ecosystem.

Building a Financial-Grade Cloud Foundation
To support its European expansion, iyzico required a secure and compliant cloud foundation capable of meeting strict financial regulations while enabling new operational capabilities. This included end-to-end delivery support, from Terraform-based code delivery to hands-on infrastructure setup.

In response, Tencent Cloud worked with iyzico to establish its first cloud-based production platform in the region. Developed on a robust full-stack architecture spanning compute, networking, storage, and security services, the platform supports mission-critical payment workloads with high availability and resilience. Leveraging Tencent Cloud’s IaaS portfolio, engineered to meet stringent performance, security and compliance standards, iyzico can launch and scale its payment services across Europe.

High Availability and Resilient Performance
Deployed across Tencent Cloud’s Frankfurt availability zones, the solution delivers reliable, low latency performance within Europe. The dual availability zone design, combined with rapid database failover and elastic resource scaling, allows iyzico to maintain uninterrupted transaction processing even during peak demand. Tencent Cloud’s local infrastructure presence also supports regulatory compliance while maintaining seamless payment experiences for European consumers.

From Deployment to Growth
The collaboration extended from architecture design through automated deployment and operational handover, enabling a rapid production rollout and establishing a secure, scalable foundation for growth. Supported by Tencent Cloud’s responsive, 24hour engineering support throughout proof of concept and migration, the partnership ensured swift issue resolution and a smooth transition from testing to production, accelerating time to market while reducing operational complexity.

Fred Sun, General Manager of Europe, Tencent Cloud International, said: “Supporting iyzico’s expansion across Europe is a shared priority. We are focused on delivering secure, compliant and high-performance infrastructure that enables fintech innovators like iyzico to scale with confidence and provide seamless payment experiences to millions of customers. This collaboration reflects the growing demand for resilient cloud environments that underpin Europe’s rapidly evolving fintech ecosystem.”

Şamil Nevruz,  CTO of iyzico, said: “Selecting Tencent Cloud was a strategic decision to build our European operations on a secure and scalable foundation. The partnership has strengthened our ability to meet stringent regulatory requirements, scale efficiently and deliver reliable services to our merchants and customers. As we start to grow in Europe, this relationship also provides a platform for further innovation in digital payments.”

About Tencent Cloud:
Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About iyzico:
Founded in 2013, iyzico began operating in the e-commerce ecosystem by offering virtual, pyshical payment solutions and AI-powered digital payment systems. Today, it serves more than 185,000 merchants across over 40 sectors and continues its operations as one of Türkiye’s leading fintech companies, with 7 million digital wallet users and an annual transaction volume exceeding 300 billion. iyzico BV is a subsidiary of iyzico.

Xaysomboun Grants Concessions to Two Firms for 5MW Solar Projects

By
Thongsavanh Souvannasane
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Xaysomboun Province has granted 25-year concessions to two private companies to develop two 5-megawatt solar power projects in Anouvong and Longchaeng districts. (Photo credit: Lao National Radio)

On 6 March, Xaysomboun Province signed a deal with two private companies for the development of two 5-megawatt solar power projects, advancing the province’s push to draw foreign clean energy investment into the region.

The two projects sit across two districts in the province. Lerd Power Co., Ltd. will develop a project in Phonpha village, Anouvong district, while Indochina Green Power Co., Ltd. will develop another in Na Xaysavang Village, Longchaeng District. 

Both companies will operate under 25-year concession periods.

Both projects follow the Build-Own-Operate investment model, utilize remote land areas, and require no state budget support, making them an attractive proposition for the province’s development goals.

Xaysomboun authorities urged all relevant stakeholders from the public and private sectors to prioritize environmental protection, proper land allocation, and systematic implementation throughout the concession period to ensure the projects achieve their intended outcomes.

The agreements come amid a broader surge in solar investment across Laos. 

A month earlier, the Lao government signed a feasibility study agreement with Thai company APDL Solar Power Sole Co., Ltd. to develop a 100-MW solar farm in Bolikhamxay, while Électricité du Laos partnered with a South Korean firm to explore another 100-MW project in Oudomxay Province, with construction expected to begin in 2027.

Neusoft’s OneCoreGo® Wins 2026 German iF Design Award

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Advertorial Desk
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SHENYANG, China, March 12, 2026 /PRNewswire/ — Recently, the results of the 2026 German iF Design Award were officially announced. Neusoft’s “One Sight AR Stellar Path” (a product of Neusoft OneCoreGo®) stood out among nearly 11,000 entries from 68 countries and regions worldwide, winning this prestigious honor. This achievement marks that Neusoft Corporation (SSE:600718) has reached an international leading level in terms of product innovation and aesthetic experience.

The German iF Design Award is one of the most globally influential industrial design awards. This year, an international jury composed of 129 top design experts from across the world conducted a comprehensive assessment based on five key criteria: concept, form, function, differentiation, and sustainability.

With the rapid development of intelligent mobility, AR HUD has emerged as a key driver for enhancing driving safety and immersive experiences. To meet users’ expectations for high-quality driving experiences and seamless human-vehicle integration, Neusoft One Sight adopts high-contrast colors, “Stellar Path” luminous particles, and three-dimensional “Flowing Crystal” icons, presenting information in a volumetric and dynamic manner within the driver’s field of view. This innovative design breaks the planar symbol limitations of traditional HUDs, creating a visual solution that not only conveys rich information but also merges seamlessly with the real world.

At the visual level, One Sight pioneers a particle-based guidance and crystal-like information presentation. Its interface design and cross-screen linkage deliver a driving experience with a sense of luxury and a futuristic vibe. At the functional level, One Sight further enhances virtual-reality integration, and performs real-time rendering and brightness adjustment based on environmental perception, ensuring the clarity and readability of information under various weather conditions. Additionally, with the dynamic pixel safety control system and optimized visual guidance, it keeps drivers more focused and at ease, promoting the sustainable development of intelligent mobility.

Winning the iF Design Award highlights Neusoft’s craftsmanship and showcases the overall strength of its OneCoreGo® Global In-Vehicle Intelligent Mobility Solution. From navigation to intelligent interaction, and from ecosystem integration to closed-loop payments, the OneCoreGo® solution is user-centric, providing global automakers with a full-stack, adaptable intelligent solution covering design, technology, and data operations. As the “visual ambassador” of OneCoreGo®, One Sight leverages its end-to-end capabilities to transform the “Stellar Path, Flowing Crystal” aesthetics into stable, sustainable mass-production. Currently, this technology has been successfully applied to car models of several leading domestic and international automotive brands.

Looking ahead, Neusoft will remain committed to technological innovation and user-centric design, constantly push the boundaries between technology and aesthetics, and collaborate with global partners to create a more intelligent, human-centric, and open future of mobility.

For more information about Neusoft, please visit www.neusoft.com

 

Acer Reports FY2025 Consolidated Revenue of NT$275.63 Billion, Net Income of NT$3.78 Billion and NT$1.3 Cash Dividend Per Share

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Advertorial Desk
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TAIPEI, March 12, 2026 /PRNewswire/ — Acer Inc. (TWSE: 2353) announced its financial results for the fourth quarter of 2025 and fiscal 2025 ended December 31. In the fourth quarter, Acer reported consolidated revenues of NT$74.36 billion, up 12.6% YoY; gross profits of NT$8.59 billion, up 23.6% year-on-year (YoY) with 11.6% margin; operating income of NT$1.87 billion, up 82.3% YoY with 2.5% margin; and net income [1] of NT$1.07 billion with earning-per-share (EPS) of NT$0.36.

For the full year of 2025, consolidated revenues reached NT$275.63 billion, up 4.1% YoY; gross profits of NT$29.99 billion, up 7.1% YoY with 10.9% margin; operating income of NT$5.14 billion, up 5.5% YoY with 1.9% margin; and net income [2] of NT$3.78 billion with earning-per-share (EPS) of NT$1.26.

Acer’s strategy to build multiple business engines continued to make progress, reaching a total of 16 public subsidiaries by the end of 2025. Businesses other than personal computers [2] and displays contributed 32.2% of revenues and significantly higher in operating income in 2025.

The Board has approved a cash dividend of NT$1.3 per share, based on ex-dividend record date of June 26 for distribution on July 16.

[1] Net income is reported as profit-after-tax in Acer’s financial statements
[2] Personal computers business includes desktop and notebooks

About Acer

Founded in 1976, Acer is one of the world’s top technology companies with a presence in more than 160 countries. The company continues to evolve by embracing innovation across its offerings, which include computers and displays, while branching out to new businesses. Acer is also committed to sustainable growth, exploring new opportunities that align with its environmental and social responsibilities. The Acer Group employs nearly 12,000 employees that contribute to the research, design, marketing, sales and support of products, solutions, and services that break barriers between people and technology. Visit www.acer.com for more information.

© 2026 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

ImmunoForge to Conduct Strategic Partnering at Bio-Europe Spring 2026

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Advertorial Desk
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  • Conducting global licensing partnering of LMT15, a proprietary BBB Shuttle platform
  • Also discussing global out-licensing of Phase 2 stage new drugs PF1801 and PF1804

SEOUL, South Korea, March 12, 2026 /PRNewswire/ — ImmunoForge Co., Ltd., a biopharmaceutical company developing treatments for rare diseases, announced that they will participate in Bio-Europe Spring 2026, held in Lisbon, Portugal, from March 23rd to 25th, 2026, to conduct strategic meetings with global pharmaceutical companies and investors.

Instead of an official stage presentation, ImmunoForge plans to conduct meetings with overseas pharmaceutical companies by focusing on partnering sessions to discuss clinical progress and global technology transfer regarding its major development programs, PF1801 (in Phase 2) and PF1804 (Phase 2 approved).

In addition to discussions on the ELP Platform, a long-acting technology that enables weekly or monthly administration of daily peptide-based drugs, the company plans to actively promote collaboration with global pharmaceutical companies by introducing its proprietary blood brain barrier (BBB)-penetrating Shuttle Platform, the LMT15 Platform technology.

The LMT15 Platform is a differentiated platform that enables two modalities of drug development — BBB penetration and long-acting delivery — in a single structure by incorporating both ELP and a novel peptide enabling on Leptin receptor-Mediated Transcytosis. ImmunoForge has filed a patent application on this technology and is developing CNS-targeted new drugs for its own pipeline. ImmunoForge is also open to partnering relationships to enable broad application of this technology.

Key Highlights for Partnering:

  • Monthly long-acting ELP (Elastin-Like Polypeptide) platform: Peptide conjugation and Protein fusion possible
  • LMT15 (Leptin receptor-Mediated Transcytosis) platform: BBB shuttle platform incorporating ELP to make monthly CNS-targeted drugs
  • PF1801 (indications: Polymyositis/Dermatomyositis, DMD & Sarcopenia): Currently in a Phase 2 study in South Korea. With U.S. FDA Phase 2 IND clearance already secured for PM, DM and DMD, the asset is primed for an immediate U.S. clinical launch by a global partner.
  • PF1804 (DMD Cardiomyopathy): This promising asset also received FDA Phase 2 IND clearance, standing ready for clinical execution with an engaged partner.

Kiho Chang, ImmunoForge co-CEO, commented: “Through participation in Bio-Europe Spring 2026, we will conduct follow-up discussions with overseas companies currently in talks regarding PF1801, which is in Phase 2, and PF1804, which received Phase 2 IND approval from the FDA. We also plan to promote joint research and technology transfer with global companies based on ELP-LMT15, a differentiated platform with BBB Shuttle technology. Furthermore, we will also actively discuss investor-led NewCo (new corporation) models”.

Schedule for Meeting

ImmunoForge is currently accepting meeting requests for the week of Bio-Europe Spring 2026. To schedule a session with our executive team in Lisbon, please contact:

Business Development Team

About ImmunoForge

ImmunoForge Co., Ltd. is a clinical-stage, venture-backed biopharmaceutical company dedicated to developing innovative therapies for muscular and rare diseases. The company leverages its proprietary long-acting ELP (Elastin-Like Polypeptide) platform technology to extend the half-life of peptide-based drugs, enabling weekly or monthly dosing schedules and BBB penetrating Shuttle Platform, the LMT15 Platform technology.

The company’s lead candidate, PF1801 (froniglutide), is currently in a Phase 2 clinical trial for Polymyositis (PM) and Dermatomyositis (DM) in South Korea. Recognizing its therapeutic potential, the U.S. FDA has granted Orphan Drug Designation (ODD) to PF1801 for PM, DM, and Duchenne Muscular Dystrophy (DMD). Additionally, PF1804 (pemziviptadil) has received U.S. FDA IND approval for a Phase 2 study in DMD-associated cardiomyopathy and is ready for clinical commencement with strategic partners.

Markel International launches AI Centre of Enablement with appointment of Head of AI

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Advertorial Desk
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LONDON, March 12, 2026 /PRNewswire/ — Markel International, a division of Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the appointment of Maureen Tomlinson to Head of AI, alongside the launch of their AI Centre of Enablement. This strategic hire marks a significant milestone in Markel’s continued investment in operational excellence and signals the beginning of its first formalised AI function.

Maureen Tomlinson, Head of AI
Maureen Tomlinson, Head of AI

The AI Centre of Enablement (CoE) has been established with the aim of accelerating responsible AI adoption across Markel International’s five businesses, acting as both a strategic partner and a technical delivery powerhouse. This function will sit within the International Portfolio Analytics team, headed up by Managing Director, Simon Cooper-Williams. Through AI business partnering, it will provide education, advisory support, coordination and strong governance, alongside AI engineering, delivering high-quality AI builds that address real business needs.

Maureen Tomlinson steps into the Head of AI role alongside her position as Senior Vice President of Operations for Markel in Canada. She will shape the division’s approach to AI, support senior leaders in identifying strategic opportunities and drive the successful delivery and adoption of AI solutions.

Based in Toronto, Tomlinson will work closely with others in the International Portfolio Analytics team, as well as IT and Change Delivery, to advance Markel International’s operational capabilities and digital evolution and deliver tools that improve the broker and client experience.

Carys Lawton-Bryce, Chief Operations Officer, Markel International, commented: “At Markel, we see AI as a step‑change technology with the potential to support our ambitious profitable growth targets. We also recognise that this potential is only realised when AI is governed well, understood across the business and deployed responsibly. Our newly-launched Centre of Enablement will be central to how we leverage AI in a way that makes adoption safe, scalable and business-led, while ensuring responsible governance that stays ahead of regulatory expectations.”

Simon Cooper-Williams, Managing Director of Markel’s International Portfolio Analytics team, commented: “As an organisation, we’ve made significant progress with the adoption of AI. The new AI Centre of Enablement is a huge step in strengthening our operational foundations and continuing on our path of success. I’m delighted to have Maureen at the helm of this team as Head of AI, with her leadership and extensive knowledge of the business, having served as Senior Vice President, Operations in Canada since 2023. Operating from Toronto, Maureen’s appointment will also strengthen collaboration between all five international businesses as we look to bring greater consistency and clarity to how AI is developed and deployed, empowering teams with the tools and knowledge to deliver stronger outcomes.”

Tomlinson steps into the Head of AI role with extensive operations, technology and change experience, having served as Senior Vice President, Operations, for Markel Canada since 2023, in which she is responsible for the business technology strategy, as well as the execution of all technology tools, data, pricing, support processes and facilities required to deliver policy and claims services. Tomlinson joined Markel after 11 years at Verisk, formerly Opta Information Intelligence, where she held the position of Senior Vice President, Sales & Professional Services from 2017, in which she was responsible for leading the sales & professional services delivery team, providing highly technical analytics solutions for actuarial and underwriting departments across Canada. Prior senior roles include Vice President, Analytics and R&D; and Vice President, Production Solutions and Operations at Verisk; as well as Director, Personal Lines Systems; and Director of Business Services and Architecture for Economical Insurance Group.

About Markel Insurance
We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.

The Caravel Group, International Maritime Institute (IMI), and Fleet Management Celebrate Significant Progress on the 1st Anniversary of Working Together as One to Train a New Generation of Future-Ready Seafarers

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Advertorial Desk
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A year of partnership between Caravel, IMI, and Fleet Management delivers strengthened training and expanded career pathways, broadening opportunities for global maritime professionals and providing much-needed talent for a rapidly transforming industry


HONG KONG SAR – Media OutReach Newswire – 12 March 2026 – Today marks a significant milestone for the global shipping industry as The Caravel Group, celebrates the first anniversary of the International Maritime Institute (IMI) joining its family. This milestone marks a strategic move by The Caravel Group in addressing the critical talent shortage affecting the global shipping industry, while supporting India’s national goal to grow its share of seafarers to 20% of the global workforce by 2030. By combining IMI’s proud 35-year legacy as a premier maritime institute with sister company Fleet Management Limited’s operational excellence and depth, The Caravel Group has forged an integrated ecosystem that fosters the highest standard in training, broadens career opportunities for seafarers, and supports sustainable operations for the shipping industry.

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The Caravel Group has upgraded IMI’s facilities and invested in its curriculum, including adding advanced simulator training and specialised courses in alternative fuels, emissions reduction, and digital navigation. This year, IMI has also initiated 13 Pre-Sea batches and graduated 400 Pre-Sea cadets, sending many into professional placements with Fleet Management, one of the world’s largest shipping management companies.

Dr. Harry S. Banga, Founder and Executive Chairman of The Caravel Group, said: ” With the International Maritime Institute and Fleet Management under The Caravel Group, we have strengthened the connection between education and enterprise. Fleet Management’s global operations provide real world exposure that anchors IMI’s training in practical experience and opens pathways into professional careers.”

To mark the strategic importance of IMI to The Caravel Group and long-term commitment to maritime excellence, IMI has unveiled a new logo that honours IMI’s 35-year legacy while bringing it visually closer to Fleet Management through shared colours and design elements. Its new tagline, “Anchored in Maritime Excellence, Broadening Horizons,” underscores IMI’s core mission of providing seafarers with exceptional training to unlock a world of opportunities.

Pioneering an Integrated Ecosystem that Benefits Seafarers and Shipowners

For Fleet Management, the integration of IMI directly enhances its ability to secure a sustainable and high-quality talent pipeline. The partnership ensures aspiring talents receive unparalleled real-world exposure and mentorships from its senior officers, with training that is aligned with operational requirements. This results in robust career pathways, from classroom to vessel, providing direct access to highly competent seafarers, a significant advantage for its customers. In a sector facing crew shortages, it means a reliable supply of professionals who maintain the highest standards of safety and performance across its managed fleet.

This partnership also ensures that the next generation of seafarers is fully prepared to navigate modern fleets, comply with evolving regulations, and operate the advanced technologies that the industry will need onboard ships in the future.

Elevating Maritime Education through Innovation and Future-Readiness

With global seafarer talent shortages, The Caravel Group, IMI, and Fleet Management will continue to develop the next generation of global maritime professionals and ensure the industry’s long-term sustainability in the years to come.

The Caravel Group is committed to preserving IMI’s legacy in training excellence and ensuring that IMI’s world-class education remains at the forefront of industry changes and advancements, preparing seafarers for the challenges and opportunities of modern shipping. For Fleet’s customers, the quality of training means customers could continue to count on Fleet to deliver quality of manning, operational safety, and vessel performance.

Nurturing a Diverse and Resilient Global Seafaring Workforce

Building on IMI’s proud legacy, Fleet Management is investing in a workforce that embodies competence, character, and confidence. Its commitment extends to championing diversity and inclusion. IMI now offers a scholarship on tuition fees exclusively for women cadets, directly contributing to India’s goal of 12% female representation in technical maritime roles by 2030 and employs over 20,000 Indian seafarers within its 27,000-strong force. Furthermore, Fleet Management implements market-leading initiatives for seafarer wellbeing, including the Fleet Care team for mental health support, Gender Awareness training, a Women’s Network, and women-centric PPE, underscoring its dedication to a psychologically safe and inclusive workplace for all its seafarers.

One year in, Fleet Management stands committed to this strengthened partnership. With a new look for IMI, robust training and professional development pathways, and an unwavering commitment to safety, ingenuity, responsibility, and excellence, Fleet Management continues to shape the future of maritime professionals for its fleet and the global industry.

Hashtag: #FleetManagementLimited

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

About The Caravel Group

The Caravel Group, headquartered in Hong Kong, is a privately held and globally diversified group with operations across maritime services, dry bulk commodity trading, institutional investment management, and philanthropy. Its maritime division includes Fleet Management Limited, the world’s second-largest third-party ship manager with over 600 vessels under management, and strategic investments, including a major stake in Pacific Basin (HKEX: 2343). Caravel also owns the International Maritime Institute (IMI) in India, reinforcing its commitment to maritime talent development. Through Caravel Asset Management, the Group invests globally across public markets and private equity, while its philanthropic arm, The Caravel Foundation, supports the education and well-being of underprivileged youth across Hong Kong, China, and India.

About Fleet Management Limited

Fleet Management Limited, part of The Caravel Group, is the world’s second largest ship management company, managing more than 600 vessels. This rank bears testament to the resilience and commitment of 27,000+ seafarers and 1,200+ onshore maritime professionals, serving shipowners worldwide. Fleet manages a range of vessels, including bulk carriers, containers, car carriers, oil tankers, gas carriers and chemical tankers from 600 to 320,000 DWT in size – with many being young and energy-efficient with an age profile below the industry average. The company also has a dynamic newbuilding supervision department.

Learn more:

About the International Maritime Institute (IMI), Noida

The International Maritime Institute (IMI) is a premier maritime training institution established in 1991. Located in Noida, North India, IMI addresses the global shipping industry’s workforce needs by providing high-quality training and education. The institute boasts state-of-the-art simulators, experienced faculty, and a curriculum designed to equip cadets with essential skills for a successful maritime career. IMI’s commitment to excellence has earned it a strong reputation, making it a sought- after institution for aspiring seafarers. With a focus on holistic development, IMI prepares students to become responsible leaders and outstanding seafarers.

Learn more:

Regal Partners Completes Share Placement to Support Business Expansion in Southeast Asia

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Advertorial Desk
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HONG KONG SAR – Media OutReach Newswire – 12 March 2026 – Regal Partners Holdings Limited (“Regal Partners” or the “Company”, together with its subsidiaries as the “Group”, stock code: 1575.HK) is pleased to announce the successful completion of a placement of 560,000,000 new shares at a price of HK$0.05 per share, raising net proceeds of approximately HK$28 million.

The net proceeds from this placement will strengthen the Group’s financial position and provide vital resources for ongoing operations and expansion plans. 65% of the proceeds will be allocated to expanding the Group’s production capacity and supply chain in Southeast Asia. This initiative involves purchasing additional equipment, new leasing of the production site, and hiring more personnel and hence expanding floor area and upgrading the production capabilities. By mid-2026, the Group anticipates increasing its capacity to meet rising demand, particularly from the North American market. 15% of the proceeds will be used to develop regional showrooms functioning as sales centres in Southeast Asia to promote products, connect with export buyers, and generate new business opportunities, while the remainder will support the Group’s general working capital.

Following a comprehensive business restructuring in 2025, which included strategic initiatives focusing on overseas production expansion, broadening customer outreach, resource reallocation, and product enhancements, the Group has established a robust foundation for sustainable development. The net proceeds from the placement will accelerate the strategic expansion in Southeast Asia, enhancing offshore manufacturing capabilities and bolstering supply chain resilience. These expansion efforts, targeted for completion by mid-2026, will fortify regional operations and long-term scalability. Concurrently, the Group will continue investing in sales, marketing, and brand visibility, including participation in major trade shows such as High Point Market and the establishment of additional regional showrooms to broaden its global clientele. By increasing production capacity and market presence, Regal Partners aims to enhance competitiveness, attract a diverse customer base, and respond efficiently to global demand.

Mr. Chong Tsz Ngai, Chairman and Executive Director of Regal Partners Holdings Limited, stated, “We sincerely appreciate the support from the capital markets. This placement will significantly strengthen our working capital, enabling us to respond to rapidly changing market demands and advance our next phase of expansion. Following a year of focused restructuring in 2025, we are now accelerating production enhancements while intensifying our business development and marketing efforts. We are also very grateful for the support of our existing and new customers. We anticipate a steady increase in order flow throughout 2026 and onwards, with expansion benefits expected to yield positive results in the near future. We remain committed to solidifying our operational foundation and capturing new growth opportunities to create values our customers and shareholders.”
Hashtag: #RegalPartners

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

Regal Partners Holdings Limited

Regal Partners Holdings Limited is one of the leading and long-established manufacturers of sofas and sofa covers in China with an integrated design, manufacturing, sales and marketing operation. The Group exports sofas, sofa covers and other furniture products to customers in overseas markets predominantly to Canada, the U.S and Europe, and other regions such as Mexico, Australia and Dubai.

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