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Leading Automation Capabilities of XtalPi Recognized by Global Chemical Giant – Successful Launch of Advanced Automated Workstation at BASF

SHANGHAI, Feb. 9, 2026 /PRNewswire/ — Chemistry serves as the foundational pillar of material innovation and transformation. It supports and shapes almost every aspect of modern industries. Recently, XtalPi Inc. (2228.HK), a global leader in AI- and robotics driven research and development (R&D) platform, announced the successful deployment of its automated formulation stability testing workstation at BASF, a world-renowned giant in the chemical industry. This collaboration enables BASF to build an end‑to‑end automated system that integrates sample management, analytical testing, and data management. Marking a significant milestone in XtalPi’s advancements in chemical automation, this achievement further demonstrates the company’s technological leadership and its ability to deliver highly specialized, scalable solutions to the most demanding industry leaders. With its state-of-the-art robotic laboratory platforms, exceptional customization capabilities, and cross-disciplinary adaptability, XtalPi is committed to driving innovation in pharmaceuticals, petrochemicals, new energy, and advanced materials, providing high-precision structured data that serves as the foundation for the digital and intelligent transformation of modern R&D.

As a global leader in the chemical industry, BASF operates across diverse sectors, such as chemicals, materials, industrial solutions, and nutrition & care and etc. The company is recognized for its technological leadership and commitment to driving the industry towards green transformation. At its Innovation Campus Shanghai, BASF annually evaluates the thousands of liquid raw materials and formulations for their long-term stability, which traditionally relied on manual workflows. These conventional methods require to test samples at various temperatures, visually observe for the phase separation, and manually record pH and viscosity data. This labor-intensive process is not only time-consuming but also prone to inconsistencies due to subjective evaluations and fragmented data recording.

Distinguished by its technical expertise, proven solutions, and strong industry reputation, XtalPi emerged as the partner of choice for BASF in a highly competitive selection process. To address BASF’s challenges, XtalPi developed a cutting-edge automated workstation for formulation stability testing. This intelligent system seamlessly performs the entire testing process, from sample loading and barcode scanning to image-based analysis, pH measurement, and viscosity testing. By integrating these steps into a cohesive automated workflow, XtalPi has enabled BASF to achieve a new high level of efficiency, accuracy, and standardization, creating a streamlined system for managing samples, conducting tests, and processing data.

XtalPi successfully deploys its automated formulation stability testing workstation at BASF
XtalPi successfully deploys its automated formulation stability testing workstation at BASF

The project’s success leveraged XtalPi’s modular, standardized platform and its agile customization capabilities. This platform has already been successfully deployed across high-value domains such as drug discovery, chemical synthesis, and advanced material research, building a strong foundation of expertise. Its modular architecture ensures rapid deployment and operational stability while supporting customized adaptations to meet unique client and industry requirements. By deeply understanding BASF’s specialized processes, XtalPi was able to seamlessly integrate bespoke functionalities, achieving a swift transition from a general-purpose solution to a fully customized workstation. This adaptability positions XtalPi to meet the complex and evolving demands of industrial-scale R&D, while also paving the way for its solutions to address broader markets in robotics-driven automation.

The near-flawless execution of this project for BASF, delivered in full alignment with stringent global standards, highlights XtalPi’s advanced robotic automation capabilities and the maturity of its solutions. It further validates the XtalPi’s ability to execute on a commercial scale, bolstering its reputation as a trusted leader in automated chemistry and robotic lab solutions. XtalPi’s autonomous laboratories not only enable unparalleled standardization and throughput in experimental processes but also serve as a robust platform for generating high-fidelity with structured data. This continuous stream of high-quality data fuels the development and optimization of proprietary AI models, which are essential for advancing R&D capabilities across industries.

As artificial intelligence increasingly transforms the R&D landscape, the ability to automate experimentation and generate large-scale, high-precision data has become a cornerstone of future innovation. XtalPi has firmly established itself as a trailblazer in this space, carving out a distinct competitive edge with its unique integration of AI algorithms and large-scale robotic experimentation. Its intelligent laboratory solutions have consistently earned the trust and endorsement of leading global enterprises, driving technological evolution and operational excellence while delivering transformative results.

Today, XtalPi’s automated laboratory solutions are deployed across a diverse range of industries and research institutions, including global pharmaceutical companies, Sinopec, Fudan University, Singapore Agency for Science, Technology, and Research (A*STAR) in Singapore, and the Hengqin Laboratory. Operating under a “standardized platform + agile customization” business model, XtalPi is rapidly expanding its reach beyond pharmaceutical R&D into trillion-dollar markets such as large-scale chemicals and renewable energy. By scaling its transformative solutions across these industries, XtalPi is unlocking new growth horizons and redefining the future of AI for Science.

Looking ahead, XtalPi is committed to deepening its strategic partnerships with global industry leaders. Through close collaboration with its partners, the company will continue to drive iterative advancements in combining AI with large-scale robotic experiments, leveraging its expertise to provide the next generation of core infrastructure for R&D. Together with its partners, XtalPi is accelerating the transformation of chemical research into a new era driven by AI and robotics.

About XtalPi

XtalPi Holdings Limited (XtalPi, 2228.HK) was founded in 2015 by three physicists from the Massachusetts Institute of Technology (MIT). It is an innovative R&D platform powered by quantum physics, artificial intelligence, and robotics. By integrating first-principles calculations, AI algorithms, high-performance cloud computing, and standardized automation systems, XtalPi provides digital and intelligent R&D solutions for companies in the pharmaceutical, materials science, agricultural technology, energy, new chemicals, and cosmetics industries.

About BASF

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.

 

PMET Announces Up To Aggregate C$130 Million Financings to Advance Shaakichiuwaanaan – Through a Flow-Through Private Placement and a Public Offering of Common Shares

/NOT FOR RELEASE TO U.S. NEWS WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES/

Proceeds to support updated CV5 Feasibility Study, advancement of critical minerals co-products and unlocking value through exploration success

The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the Prospectus Offering (defined below) will be accessible through SEDAR+ within two business days

MONTREAL, Feb. 10, 2026 /PRNewswire/ — February 9, 2026 – Sydney, Australia

Highlights 

  • Up to C$130 million financings to strengthen PMET’s balance sheet to fund the next phase of exploration and development at Shaakichiuwaanaan following recent exploration success.
  • Proceeds will support an updated and optimized CV5 Feasibility Study with inclusion of tantalum as a co-product and to advance CV13 towards preliminary economic assessment, inclusive of lithium, caesium and tantalum.
  • Financings will significantly de-risk the Company’s funding requirements towards a Final Investment Decision (“FID”) while preserving strategic flexibility.
  • Offerings consist of: (i) public offering of common shares to raise up to approximately C$65 million at a price of C$5.66 per common share, and (ii) concurrent private placement of flow-through shares conducted at a price of C$9.30 per common share representing a 48% premium to the Company’s last traded share price on the TSX as of February 6, 2026.
  • Investor demand received from existing and new institutional, professional and sophisticated investors across North America and Australia. 
  • Largest shareholder, Volkswagen (~9.553%) has advised of its intention to participate in a separate private placement for additional common shares which is anticipated to be for up to approximately C$14 million – the final amount and timing to be determined.1   

PMET Resources Inc. (the “Company” or “PMET”) (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce today that it is pursuing financings of up to C$130 million comprised of (i) a prospectus offering of common shares (the “Prospectus Offering“) by way of a prospectus supplement (the “Prospectus Supplement“) to the short form base shelf prospectus of the Company dated July 22, 2024 (the “Base Shelf Prospectus“), and (ii) a private placement by way of a charity flow-through offering (the “Flow-Through Offering” and, together with the Prospectus Offering, the “Offerings“). The closing of each Offering is not conditional upon the closing of the other Offering. The Offerings are expected to close on or about February 19, 2026 (Eastern standard time) and are subject to customary closing conditions, including the Company receiving all necessary regulatory approvals.

PMET President, CEO and Managing Director, Ken Brinsden, commented:

“These financings represent a major step forward for PMET as we continue to unlock the value of one of North America’s important new multi-commodity critical minerals assets at Shaakichiuwaanaan and advance it towards financing and development. The strong demand across both the public offering and the flow-through placement reflects growing institutional confidence in the scale, quality and strategic value of the project, and in our disciplined approach to developing it.

With this funding, we are well positioned to deliver an updated Feasibility Study optimised for CV5, unlock the value of the world-class caesium discovery we made last year, integrate valuable critical minerals co-products like caesium and tantalum into our development plan, and continue to unlock value across the broader Property through ongoing exploration.

Importantly, this financing significantly de-risks the funding requirements of the Company through to a Final Investment Decision, while maintaining balance sheet strength and strategic flexibility as we advance permitting, complete key studies, further expand our resource base and engage with potential off-take and strategic partners. We are also very pleased by Volkswagen’s intention to provide continued support, subject to their internal approvals, which reinforces their long-term strategic alignment around building a globally significant North American critical minerals company. 

PMET is entering an exciting and transformational period, with several workstreams underway and multiple upcoming catalysts – all against the backdrop of a strong recovery in lithium prices. With the completion of this financing, we will be well-positioned to realise our objective of becoming a top 5 lithium producer as well as being a globally significant supplier of high-value strategic critical minerals.”

______________________________

1 Any final decision and amount of participation by VW will be subject to their internal approvals. There can be no assurance that VW will participate.

Prospectus Offering

The Company has entered into an agreement with Raymond James Ltd. (“Raymond James“), as sole global coordinator for the Offerings, and BMO Nesbitt Burns Inc. (“BMO“, and together with Raymond James, the “Agents“), under which the Agents will act on a marketed “best efforts” basis in connection with the proposed Prospectus Offering of common shares of the Company (the “Offered Shares“) to be qualified by the Prospectus Supplement, to be filed in each of the provinces of Canada pursuant to National Instrument 44-102 – Shelf Distributions. The Prospectus Offering is being made in each of the provinces of Canada and, subject to applicable law, the Agents may offer the Offered Shares in such other jurisdictions outside of Canada as agreed between the Company and the Agents. The Company expects to offer 11,482,070 Offered Shares at a price of C$5.66 per Offered Share for aggregate gross proceeds of up to approximately C$65 million.

The Company has also granted the Agents an option, exercisable at the offering price at any time until 30 days after the closing of the Prospectus Offering, to purchase up to an additional 15% of the Prospectus Offering (up to 1,722,311 common shares) to cover over-allotments, if any (the “Over-Allotment Option“). 

The allotment of the Offered Shares and any common shares issued pursuant to the Over-Allotment Option will fall within the Company’s 15% placement capacity under ASX Listing Rule 7.1. Settlement of the Offered Shares is expected to occur on February 19, 2026 (Eastern standard time) and the Offered Shares issued will rank equally with the Company’s existing common shares on issue.

Flow-Through Private Placement

Separately, the Company has entered into an agreement with PearTree Securities Inc. (“PearTree“) to raise total gross proceeds of C$65 million through the issue of 6,992,255 charity flow-through shares (the “Flow-Through Shares“) at an issue price of C$9.30 per Flow-Through Share to institutional, professional and sophisticated investors. The issue price represents a 48% premium to the last closing price of PMET shares on the TSX as of February 6, 2026. The Flow-Through Offering will be facilitated by PearTree. Euroz Hartleys Limited (“Euroz“) and Canaccord Genuity (Australia) Limited (“Canaccord” and together with Euroz, “Australian Joint Lead Agents“) acted as joint lead managers for the Flow-Through Offering.

On completion of the Flow-Through Offering, the Flow-Through Shares will be transmuted to approximately 69,922,550 CHESS Depositary Interests (“CDIs“), on the basis of 10 CDIs for each Flow-Through Share. Pursuant to a block trade agreement between PearTree and the Australian Joint Lead Agents, the Australian Joint Lead Agents will facilitate the secondary sale of the CDIs to select institutional investors by way of a block trade at A$0.59 per CDI (“Australian Block Trade“).

The allotment of the Flow-Through Shares will fall within the Company’s 15% placement capacity under ASX Listing Rule 7.1. A prospectus under section 713 of the Corporations Act 2001 (Cth) will be issued in connection with the transaction to facilitate secondary trading of the CDIs issued on account of the Flow-Through Shares. Settlement of the Flow-Through Offering is expected to occur on February 19, 2026 (Eastern standard time) and the Flow-Through Shares issued will rank equally with the Company’s existing common shares on issue.

Participants in the Australian Block Trade will be unable to convert their CDIs into common shares of the Company for the purpose of trading such shares in Canada until four (4) months have elapsed from the settlement date. The Flow-Through Shares will be issued at a premium, as Canadian charity flow-through shares, and provide tax incentives to those investors for expenditures that qualify as Qualifying Expenses (as defined below). The unique tax treatment applicable to the Flow-Through Shares does not apply to CDIs subsequently issued on account thereof.

The term “flow-through share” is a defined term in the Income Tax Act (Canada) (the “Act“) and is not a distinct type of share under corporate law. In this case, the Flow-Through Shares refer to common shares that will be issued by the Company to investors under a written agreement with the investors whereby the Company agrees to incur certain Qualifying Expenses, and to renounce such expenses to the investors. If the Company and the investors comply with the rules of the Act, the investors will be entitled to deduct their proportionate share of the amount renounced in computing their income for Canadian income tax purposes and Quebec income tax purposes, as the case may be, and, as a result, the Flow-Through Shares are issued at a higher price. The tax benefits associated with the Flow-Through Shares are available only to the initial subscribers thereof (who are Canadian residents) and not to any other person who acquires the Flow-Through Shares through the on-sale or transfer of those Flow-Through Shares.

PearTree is a Canadian exempt market dealer and will not receive any fees or commission from the Company for its role with respect to the Flow-Through Offering.

Use of Proceeds

The Company intends to use the net proceeds from the Offerings primarily:

  • to advance exploration and development of its Shaakichiuwaanaan Project including the completion of the detailed engineering to support a FID by December 31, 2027;
  • to pursue an updated and optimised Feasibility Study on CV5 to include an assessment of tantalum co-products;
  • to complete a preliminary economic assessment on CV13 for lithium, caesium, tantalum to further support the economic profile of the project; and
  • for general corporate purposes. 

Moreover, the Company intends to use the gross proceeds from the sale of the Flow-Through Shares to incur exploration expenses that are eligible “Canadian exploration expenses” that qualify as “flow-through critical mineral mining expenditures” as such terms are defined in the Act, which will be eligible for a federal 30% investment tax credit for any eligible individual investors (the “Qualifying Expenses“).

Volkswagen

In addition to the common shares to be issued under the Offerings, existing Company major shareholder, Volkswagen Finance Luxemburg S.A (“VW“), has confirmed that, subject to it obtaining internal approvals, it intends to participate in a separate private placement which is anticipated to be for up to approximately C$14 million at not less than C$5.66 per share (being the same price as the Offered Shares), subject to the approval of the TSX. Assuming all required approvals are obtained, the closing of this private placement is expected to occur after the closing of the Offerings. VW currently holds approximately a 9.553% interest in the Company. The Company will provide an update on VW’s proposed participation in accordance with its continuous disclosure obligations. Any shares issued to VW are expected to fall within the Company’s existing 15% placement capacity under ASX Listing Rule 7.1.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or in a transaction exempt from, or not subject to, the registration requirements of the U.S. Securities Act or the applicable state securities laws.

Access to the Prospectus Supplement and the Base Shelf Prospectus and any amendment thereto in connection with the Prospectus Offering is provided in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment thereto. The Prospectus Supplement, the Base Shelf Prospectus and any amendment thereto in connection with this offering will be accessible within two business days at www.sedarplus.ca.

An electronic or paper copy of the Prospectus Supplement, the Base Shelf Prospectus and any amendment thereto may be obtained from any one of the Agents, without charge, by contacting Raymond James by email at ecm-syndication@raymondjames.ca or BMO by email at torbramwarehouse@datagroup.camailto:torbramwarehouse@datagroup.ca, and by providing the contact with an email address or mailing address, as applicable.

About PMET Resources Inc.

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

In late 2025, the Company announced a positive lithium-only Feasibility Study on the CV5 Pegmatite for the Shaakichiuwaanaan Property (the “Feasibility Study”) and declared a maiden Mineral Reserve of 84.3 Mt at 1.26% Li2O (Probable)2. The study outlines the potential for a competitive and globally significant high-grade lithium project targeting up to ~800 ktpa spodumene concentrate using a simple Dense Media Separation (“DMS“) only process flowsheet. Further, the results highlight Shaakichiuwaanan as a potential North American critical mineral powerhouse with significant opportunity for tantalum and caesium in addition to lithium.

The Project hosts a Consolidated Mineral Resource3 totalling 108.0 Mt at 1.40% Li2O and 166 ppm Ta2O5 (Indicated), and 33.4 Mt at 1.33% Li2O and 155 ppm Ta2O5 (Inferred), and ranks as the largest4 lithium pegmatite resource in the Americas, and in the top ten globally. Additionally, the Project hosts the world’s largest known pollucite-hosted caesium pegmatite Mineral Resource at the Rigel and Vega zones with 0.69 Mt at 4.40% Cs2O (Indicated), and 1.70 Mt at 2.40% Cs2O (Inferred).

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

This news release has been approved by

KEN BRINSDEN”                                                         

Kenneth Brinsden, President, CEO, & Managing Director

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

____________________________________

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

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

4 Determination based on Mineral Resource data, sourced through July 11, 2025, from corporate disclosure.

Qualified/Competent Person

The technical and scientific information in this news release that relates to the Mineral Resource Estimate for the Company’s properties is based on, and fairly represents, information compiled by Mr. Darren L. Smith, M.Sc., P.Geo., who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), and member in good standing with the Ordre des Géologues du Québec (Geologist Permit number 01968), and with the Association of Professional Engineers and Geoscientists of Alberta (member number 87868). Mr. Smith has reviewed and approved the related technical information in this news release.

Mr. Smith is an Executive and Vice President of Exploration for PMET Resources Inc. and holds common shares, Restricted Share Units (RSUs), Performance Share Units (PSUs), and options in the Company.

The information in this news release that relates to the Mineral Reserve Estimate and Feasibility Study is based on, and fairly represents, information compiled by Mr. Frédéric Mercier-Langevin, Ing. M.Sc., who is a Qualified Person as defined by NI 43-101, and member in good standing with the Ordre des Ingénieurs du Québec. Mr. Mercier-Langevin has reviewed and approved the related technical information in this news release.

Mr. Mercier-Langevin is the Chief Operating and Development Officer for PMET Resources Inc. and holds common shares, RSUs, PSUs, and options in the Company.

Disclaimer for Forward-Looking Information

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

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

Forward-looking statements include, but are not limited to, statements concerning pertaining to the Offerings, including the total anticipated proceeds, the approval by the TSX, the closing of the Offerings, the exercise of the Over-Allotment Option, the Company’s expectation that the Flow-Through Shares will qualify as flow-through shares under the Act, the conversion of the Flow-Through Shares into CDIs, the sale in Australia through the Australian Block Trades, the VW participation, the expected use of proceeds, and the development and positioning of the Company.

Forward-looking statements are based upon certain assumptions and other important factors that, if untrue, could cause actual results to be materially different from future results expressed or implied by such statements. There can be no assurance that forward-looking statements will prove to be accurate. Key assumptions upon which the Company’s forward-looking information is based include, without limitation, the Company’s ability to satisfy all closing conditions for the Offerings and the VW participation, the absence of market conditions that could adversely impact the Offerings and the VW participation and the absence of material adverse changes in the Company’s industry or the global economy including interest rates, inflationary pressures, supply chain disruptions and commodity market volatility. 

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

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

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

Competent Person Statement (ASX Listing Rules)

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

The Mineral Resource and Mineral Reserve Estimates in this news release were first reported by the Company in accordance with ASX Listing Rules 5.8 and 5.9 in market announcements titled “World’s Largest Pollucite-Hosted Caesium Pegmatite Deposit” dated July 20, 2025 (Montreal time) and “PMET Resources Delivers Positive CV5 Lithium-Only Feasibility Study for its Large-Scale Shaakichiuwaanaan Project” dated October 20, 2025 (Montreal time) and are available on the Company’s website at www.pmet.ca, on SEDAR+ at www.sedarplus.ca and on the ASX website at www.asx.com.au. The Company confirms that, as of the date of this news release, it is not aware of any new information or data verified by the competent person that materially affects the information included in the relevant announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant announcement continue to apply and have not materially changed. The Company confirms that, as at the date of this announcement, the form and context in which the competent person’s findings are presented have not been materially modified from the original market announcement.

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EP YAYING Grows Its Southeast Asia Presence Through Fashion Aesthetics to Celebrate This Chinese New Year

KUALA LUMPUR, Malaysia, Feb. 9, 2026 /PRNewswire/ — As the Chinese New Year approaches, EP YAYING, a fashionable Chinese high-end clothing brand, announces a deeper expansion into Southeast Asia, using Eastern aesthetics as a shared language to celebrate the New Year alongside local Chinese communities. The brand entered Kuala Lumpur’s premium retail space at Suria KLCC in 2019, building strong local recognition through physical retail and laying a solid foundation for long-term growth in the region.

As a Chinese high-end womenswear brand with a long history of 38 years, EP YAYING is guided by its enduring commitment to high-quality materials and exquisite craftsmanship. From Suzhou embroidery to silk traditions, the brand continues to weave intangible cultural heritage techniques into contemporary design. In this context, the deep cultural identity and connection felt by Southeast Asia’s Chinese communities resonate naturally with EP YAYING’s philosophy of expressing Eastern aesthetics through clothing.


To welcome the New Year, EP YAYING introduces its 2026 Chinese New Year limited collection themed on “Wisdom”. Drawing inspiration from classical Chinese culture, the line blends the auspicious symbolism of China’s National-level Intangible Cultural Heritage “Fish-Dragon Motif” with the graceful blessings of the “Peony Ruyi Pattern”. Featuring rare cashmere, silk jacquard, and hand embroidery, these premium materials are thoughtfully selected and brought together through meticulous artisanal techniques, honoring the intelligence, poise, and quiet strength of today’s women. Designed for a range of festive moments, the collection moves effortlessly from elegant looks for family reunions to refined ensembles for gatherings with friends, and statement evening pieces for holiday celebrations. Each design is created to support confident self-expression, allowing Eastern grace to unfold naturally across every setting.

This March, EP YAYING will take center stage at the closing show of Shanghai Fashion Week, officially launching the 2026 Spring Summer EP YAYING Fashion Festival. The presentation will also serve as a key moment to showcase its strength to international buyers and further advance the brand’s global strategy. Looking ahead, the brand plans to deepen emotional connections with Southeast Asian consumers through localized experiences, innovative cross-industry collaborations, and personalized client services. In this light, the brand aims to create a shared space where cultural identity meets modern style, building a community grounded in both heritage and contemporary confidence.

As the New Year draws near, EP YAYING extends its warmest wishes for prosperity, harmony, and new beginnings. With fashion as the vessel and aesthetics as the sail, the brand looks forward to journeying together toward a future that feels both radiant and deeply human.

New AhaSlides Study Examines How Distraction Is Reshaping Learning and Workplace Engagement

SINGAPORE, Feb. 9, 2026 /PRNewswire/ — AhaSlides, an interactive presentation platform designed to help presenters create engaging, participatory sessions, has released new research examining distraction and its impact on modern learning and work environments. 

The research, which surveyed 1,048 US-based professionals who deliver presentations at least once a month found that 82.4% regularly notice audience distraction during meetings, training sessions, or presentations. Audience distraction has become a routine challenge for presenters. 

The findings suggest that distraction is no longer an occasional issue, but a consistent feature of modern working environments. Nearly 70% of respondents said reduced attention negatively impacts session productivity, while 66.1% reported an impact on information retention and 63.3% said learning outcomes are affected.

Notably, presenters are not primarily blaming themselves or their content. Only 20.1% of respondents cited poor slide design as a major cause of attention loss. Instead, most pointed to environmental factors such as constant notifications, information overload, and tightly scheduled meetings. The research also shows that presenters are actively adapting to shorter attention spans. Over 60% of presenters now rely on humour or storytelling, while more than half use discussion, movement, or interactive tools to counter distraction, signalling a clear shift toward more participatory presentation styles.

 “We’ve all felt it — the moment a room starts to drift,” said Dave Bui, CEO and Founder of AhaSlides. “This research helps explain why that happens, and how presenters can design sessions that actually pull people back in, instead of talking louder or adding more slides.”

The research underpins The science of distraction, a new white paper from AhaSlides that examines how attention functions in today’s workplaces. Drawing on neuroscience, behavioural science, and original survey data, the paper challenges common assumptions about shrinking attention spans and reframes distraction as a contextual and design challenge rather than an audience issue. The white paper also provides practical guidance for designing more engaging presentations in distraction-heavy environments.

The white paper is available to download free at https://ahaslides.com/lp/whitepaper-science-of-distraction-pr/

New white paper "The science of distraction" by AhaSlides
New white paper “The science of distraction” by AhaSlides

Research Methodology

 The findings are based on a survey of 1,048 US-based professionals who deliver at least one presentation per month, across corporate, education, and training contexts. 

About AhaSlides

AhaSlides is an interactive presentation platform designed to help presenters create engaging, participatory sessions. Built around the belief that engagement is the foundation of effective communication and learning, AhaSlides is used by presenters worldwide to turn passive audiences into active participants.

Matrixdock Expands XAUm to Solana, Enabling Institutional-Grade Tokenized Gold at Scale

SINGAPORE, Feb. 9, 2026 /PRNewswire/ — Matrixdock, Asia’s leading Real-World Asset (RWA) tokenization platform under Matrixport Group, today announced the deployment of XAUm on Solana.


As Asia’s largest tokenized gold project with physical redemption available across major Asian wealth centers, XAUm represents one troy ounce of 99.99% pure, LBMA-accredited physical gold per token, securely vaulted and independently audited.

The expansion brings institutional-grade tokenized gold to one of the industry’s most scalable and high-performance blockchain networks, unlocking new use cases across trading, liquidity management, and decentralized finance. XAUm has been recognized by Falcon Finance’s latest tokenized-gold industry report, which highlighted Matrixdock among the sector’s leading platforms.

Solana significantly expands XAUm’s accessibility due to its high throughput, low latency, and minimal transaction costs, making it well-suited for real-world asset deployment at scale. Its architecture supports near-instant settlement and high-frequency interactions, enabling gold to function not only as a store of value but also as a liquid on-chain reserve asset within DeFi applications.

Security remains foundational to XAUm’s design. The Solana smart contracts supporting XAUm have undergone independent audits by Accretion and Sec3, reinforcing Matrixdock’s commitment to institutional-grade risk management and on-chain security.

XAUm will launch natively within Solana’s DeFi ecosystem, with initial liquidity on Raydium for decentralized trading and liquidity provisioning, and planned expansion into Solana-based lending markets. Pyth will serve as the primary price oracle. This architecture allows XAUm holders to use tokenized gold as collateral, access on-chain liquidity, and participate in DeFi strategies – while maintaining full physical backing and asset integrity.

This is not Matrixdock’s first deployment on Solana. In late 2025, Matrixdock served as the tokenization technology provider for TER, the sovereign gold-backed token issued by Gelephu Mindfulness City (GMC) of the Kingdom of Bhutan, which is live on Solana. This deployment validates Matrixdock’s technology and operational capabilities at a sovereign and national infrastructure level.

This dual role, supporting both institutional-grade products like XAUm and sovereign-level initiatives such as TER, underscores Matrixdock’s position as a trusted infrastructure provider for real-world asset tokenization across the public and private sectors.

“With XAUm on Solana, we are extending gold beyond passive ownership into programmable financial infrastructure,” said Eva Meng, Head of Matrixdock. “High-performance blockchains like Solana enable gold to move at internet speed while remaining fully backed by physical reserves – a critical step in modernizing how capital-efficient assets are issued, verified, and used.”

“Solana was built to support real-world assets at scale,” said Lu Yin, Head of APAC, Solana Foundation. “With the launch of XAUm, Matrixdock is bringing fully backed, institution-grade tokenized gold to Solana that can settle instantly, integrate seamlessly with DeFi, and meet the standards required by institutions.”

Solana’s growing institutional participation, deep liquidity venues, and active developer community align with Matrixdock’s objective to position tokenized gold as a core reserve layer asset underpinning on-chain financial markets.

About Matrixdock

Matrixdock is a premier platform under Matrixport Group that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock earned the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions. In 2024, Matrixdock launched XAUm, a tokenized gold asset fully backed by 99.99% pure gold, providing investors with a trusted digital asset linked to LBMA-accredited gold. In 2025, Matrixdock provided tokenization support for the Kingdom of Bhutan and architected the sovereign-backed gold token, TER.

With a steadfast focus on building a trusted and secure RWA ecosystem, Matrixdock aims to provide diversified investment opportunities while setting new standards for trust and governance in the digital asset space.

Metalpha Starts Executing a BTC Allocation Plan Up to 20% of Annual Net Profit

HONG KONG, Feb. 9, 2026 /PRNewswire/ — Metalpha Technology Holding Limited (Nasdaq: MATH) (“Metalpha” or the “Company”), a global leading provider of blockchain and trading technology solutions, today announced that its Board of Directors has adopted a BTC allocation plan up to 20% of the Company’s annual net profit.

For the current period, the authorized allocation quota is approximately US$3.2 million, 20% of the Company’s net profit of US$15.9 million as reported in its Annual Report on Form 20-F for the fiscal year ended March 31, 2025. The Company executed its initial purchase on February 9, 2026, with a total notional investment of approximately US$1 million. This initial tranche was traded via the Company’s proprietary Accumulator structure at an average price of approximately US$54,000 per Bitcoin.

Mr. Adrian  Wang, CEO of Metalpha, commented: “We believe in BTC, which is the foundation of the entire blockchain industry. At current price level, the initial allocation plan is very attractive and may drive long-term shareholder value.”

About Metalpha 

Metalpha Technology Holding Limited (NASDAQ: MATH) is a global leading provider of blockchain and trading technology solutions. With extensive blockchain and traditional fintech expertise, we are dedicated to delivering state-of-the-art technological solutions, including digital asset related management systems, hedging infrastructures, liquidity solutions and institutional grade architectures. We offer highly customized, one-stop solutions to help our customers grow their businesses and are committed to strengthening our position as one of the largest gateways to digital assets in Asia.

Forward-Looking Statements 

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause Metalpha’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

Ascott Signs Record 19,000 Units Across 102 Properties in 2025

Advances multi-typology brand expansion into more than 10 new cities in Asia Pacific and Europe, including lyf in Wellington and Ascott in Taipei


SINGAPORE – Media OutReach Newswire – 9 February 2026 – The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), signed a record 19,000 units across 102 properties in 2025, marking 27% year-on-year growth in new signings. Its asset-light expansion was led by higher-fee segments such as resorts, supported by accelerating franchise momentum and strong conversion activity. Ascott entered more than 10 new cities across Asia Pacific and Europe, growing its global footprint to over 230 cities in more than 40 countries. The company now operates and has under development more than 1,000 properties[1] with over 176,000 units globally.

Ascott marked its entry into Taipei with the signing of the 185-room Ascott Nangang Taipei, located in a prime mixed-use development within Nangang Software Park, one of the city’s premier business districts. The partnership agreement was signed by Ms Jocelyn Wang, Chairman, The GAIA Hotel and Mr Kevin Goh, Chief Executive Officer, The Ascott Limited and Lodging, CapitaLand Investment.
Ascott marked its entry into Taipei with the signing of the 185-room Ascott Nangang Taipei, located in a prime mixed-use development within Nangang Software Park, one of the city’s premier business districts. The partnership agreement was signed by Ms Jocelyn Wang, Chairman, The GAIA Hotel and Mr Kevin Goh, Chief Executive Officer, The Ascott Limited and Lodging, CapitaLand Investment.

Mr Kevin Goh, Chief Executive Officer, Ascott, said: “2025 marked a key milestone for Ascott as we accelerated asset-light signings and strengthened revenue visibility. With these new signings, we now have the embedded income to exceed our S$500 million fee target as pipeline projects turn operational. Our flex-hybrid model and multi-typology brand strategy enable us to optimise performance for property owners across market cycles, while disciplined investments in loyalty, technology and business development position us to capture growth in higher-fee segments including resorts, branded residences, MICE (Meetings, Incentives, Conventions, Exhibitions) and wellness. I thank our global teams and partners for their continued support as we advance our ambition to be the preferred hospitality company.”

Ms Serena Lim, Chief Growth Officer, Ascott, said: “As travel evolves into a lifestyle, consumers are seeking greater flexibility and choice in how they live, work and explore. Guided by insights from our owners and guests, we have pursued a deliberate growth strategy anchored in our flex-hybrid model and a differentiated suite of flexible living offerings. We are heartened by the robust growth in 2025, driven by strong owner commitment as reflected in portfolio deals across multiple brands. Approximately 30% of new signings came from existing partners expanding with us, underscoring trust in Ascott’s platform and our ability to meet diverse traveller and resident needs worldwide.”

Strategic City Expansion
In 2025, Ascott entered more than 10 new cities in Asia Pacific and Europe, including notable first properties in Wellington and Taipei, resort destinations such as Phuket, Phu Quoc and Langkawi, as well as emerging Tier-2 cities like Lucknow and Thanjavur in India.

Key milestones included the company’s expansion into New Zealand beyond its Quest franchise, with lyf making its debut in Wellington. Construction is expected to commence by the end of 2026, with the 108-room property set to transform six floors of a commercial building in the CBD, incorporating lyf’s signature social spaces and interconnected rooms for group travellers. With its strategic location in the heart of the capital’s business hub, the property embodies lyf’s experience-led social living philosophy, providing an accessible base for travellers, professionals and long-stay guests to connect with Wellington’s vibrant urban energy.

Ascott also entered Taipei, launching its flagship brand with the 185-room Ascott Nangang Taipei in Nangang Software Park, one of the city’s premier business districts. Scheduled to open in 1Q 2027, the serviced residence is part of a prime mixed-use development that also houses Taiwan Fertilizer Co., Ltd.’s headquarters and multinational companies including HP, Yahoo, Philips and Intel. It is further supported by a vibrant MICE and tourism ecosystem, with direct footbridge access to the Nangang Exhibition Centre, Taipei Nangang Exhibition Centre metro station and LaLaport shopping mall. The Nangang High Speed Rail station is also within walking distance. Designed for both short and extended stays, the property builds on Ascott’s expertise in transit oriented, mixed-use developments and supports its continued growth in the market.

Resort Portfolio Expansion
Capitalising on strong leisure travel demand, Ascott’s multi-typology brand strategy drove 15 resort signings in prime locations such as Phuket, Phu Quoc, Nha Trang and Bali, expanding its portfolio in resort destinations to over 50 properties. Notable additions include the 693-unit HARRIS Resort Cam Ranh, marking the brand’s first entry into Vietnam, alongside a 250-unit lyf and a 120-unit Somerset at Lagoon City Seville, Spain, a mixed-use development anchored by an 18,000-square-metre man-made lagoon.

In 2025, Ascott expanded its branded residences portfolio by partnering with quality developers on two new properties, adding over 1,000 units. These include the 227-unit Residences at Ascott Abov Patong Phuket (pictured), adjacent to Ascott Abov Patong Phuket Resort and just 150 metres from the iconic Patong Beach.
In 2025, Ascott expanded its branded residences portfolio by partnering with quality developers on two new properties, adding over 1,000 units. These include the 227-unit Residences at Ascott Abov Patong Phuket (pictured), adjacent to Ascott Abov Patong Phuket Resort and just 150 metres from the iconic Patong Beach.

The company also expanded its branded residences portfolio by partnering with quality developers on two new properties, adding over 1,000 units: Residences at Ascott Abov Patong Phuket, next to Ascott Abov Patong Phuket Resort, and Oakwood Premier Branded Residences Luohu Shenzhen, co-located with Oakwood Premier Luohu Shenzhen. Leveraging its hospitality expertise and brand recognition, Ascott is well-placed to deliver lifestyle-oriented residences that meet growing demand in Asia Pacific while generating fee growth. Co-locating branded residences with its hotels enhances operational and marketing synergies, diversifies revenue streams and strengthens Ascott’s value proposition to owners and investors.

Ascott’s second branded residence project in 2025, Oakwood Premier Branded Residences Luohu Shenzhen, will feature 792 residential units in the vibrant Luohu district, sharing the same building as the 450-unit Oakwood Premier Luohu Shenzhen.
Ascott’s second branded residence project in 2025, Oakwood Premier Branded Residences Luohu Shenzhen, will feature 792 residential units in the vibrant Luohu district, sharing the same building as the 450-unit Oakwood Premier Luohu Shenzhen.

Franchise Growth Momentum
More than a quarter of the units signed in 2025 were under franchise agreements, supporting Ascott’s asset-light expansion. Franchise momentum in East Asia accelerated as the company strengthened its regional pipeline. Five Quest properties were secured in China through Ascott’s joint venture with Jin Jiang, alongside four franchise agreements to expand Citadines’ presence in the country. The largest franchise signing of the year was the 510-key Oakwood in Gangneung, South Korea, a resort-led development in Gangneung’s Cultural Olympic Special Zone with strong connectivity to Seoul, demonstrating Oakwood’s scalability in leisure and extended-stay markets.

In other regions, Ascott’s Quest franchise contributed five new signings in Australia, while franchise agreements for the Oakwood, Somerset and The Unlimited Collection brands in Europe and Africa further strengthened the company’s global footprint.

Conversions-led Growth
Over 38% of units signed in 2025 were conversions, reflecting owners’ preference for faster, lower-risk routes to market and Ascott’s ability to execute conversions efficiently across its diversified brand portfolio. Recent conversions, including Citadines Antasari Jakarta, Oakwood Bencoolen Singapore and lyf Zhangjiang Shanghai, were completed within months of signing, demonstrating Ascott’s capability to reposition assets swiftly and accelerate revenue generation for owners.

Brand Performance and Expansion
Ascott’s brands achieved milestones in scale and geographic reach in 2025. Citadines surpassed 200 properties globally with 17 new signings, boosted by its conversion-friendly positioning, while Oakwood secured 16 signings, maintaining strong owner appeal across business, leisure and extended-stay segments. Ascott’s collection brands continued their geographic expansion, with The Unlimited Collection expanding in Africa and Europe, while The Crest Collection entered the Middle East. Following the signing of The Unlimited Collection in Casablanca, Morocco, Ascott’s portfolio in the country now comprises 10 operational and pipeline properties across Casablanca, Tangier and Marrakech. This underscores Ascott’s strong momentum in Morocco, one of Africa’s most dynamic hospitality markets.

The flagship Ascott brand recorded 10 new signings, expanding its global portfolio to 87 properties including operational and pipeline assets. Notable additions include Ascott Coronation Square Johor Bahru, which secures a flagship position at the Johor-Singapore Special Economic Zone with direct connection to the upcoming Rapid Transit System Link, and Ascott Shenton Way Singapore, the brand’s third property in the city-state. Opening as a dual-format hotel and serviced residence, Ascott Shenton Way Singapore will integrate wellness-driven experiences with sustainable operations, showcasing the brand’s evolution in a prime CBD location.


[1] Includes Managed, Franchised, Leased, Owned and Other properties (including those under funds and JVs).

Hashtag: #TheAscottLimited #Hospitality #Growth #NewSignings




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

The Ascott Limited

The Ascott Limited (Ascott) is driven by a vision to be the preferred hospitality company, enriching global living with heartfelt experiences. With a portfolio of more than 1,000 properties spanning over 230 cities across more than 40 countries, Ascott’s presence spans Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA. Its diverse collection of award-winning brands includes , , , , , , , , , , , , and .

Ascott specialises in managing and franchising a wide range of lodging options, including serviced residences, hotels, resorts, social living properties and branded residences, catering to the varying needs and preferences of global travellers. Through the loyalty programme, members enjoy exclusive privileges and curated experiences, enhancing every aspect of their travel journey.

As a wholly owned business unit of , Ascott generates fee-related revenue by leveraging its expertise in both lodging management and investment management. It also drives the expansion of funds under management by growing its sponsored and private funds.

For more information on Ascott and its sustainability programme, please visit . Alternatively, connect with Ascott on , , and .

CapitaLand Investment Limited

Headquartered and listed in Singapore in 2021, (CLI) is a leading global real asset manager with a strong Asia foothold. As at 5 November 2025, CLI had S$120 billion of funds under management. CLI holds stakes in eight listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in demographics, disruption and digitalisation-themed strategies. Its diversified real asset classes include retail, office, lodging, industrial, logistics, business parks, wellness, self-storage, data centres and private credit.

CLI aims to scale its fund management, lodging management and commercial management businesses globally and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand Group’s development arm.

CLI is committed to growing in a responsible manner, delivering long-term economic value and contributing to the environmental and social well-being of its communities.

Vientiane Cracks Down on Unlicensed Orange E-Bikes After Safety Complaints

Illustrations of how the bikes are parked randomly, which emerged all over social media.

Vientiane authorities have ordered the collection of orange electric motorbikes operating across the capital, citing a lack of proper licensing and mounting public complaints over unsafe use and disorderly parking.

In recent weeks, videos and images circulating on social media have shown young riders performing stunts on busy roads, along with e-bikes left in unsafe or inappropriate locations. 

The footage has heightened public concern over road safety and the lack of effective oversight of e-bike rental services.

On 5 February, the Vientiane Capital Department of Public Works and Transport announced that the orange e-bike rental service operating under the “LAOS-Ebike” application, run by Zuimei Laos, has not received official approval to operate in the capital. Officials said irresponsible rider behaviour, particularly improper parking, has disrupted public spaces and contributed to traffic congestion, especially during peak hours.

To address the issue, district-level public works and transport offices were instructed to collect the e-bikes and report them to the Vientiane Capital Department of Public Works and Transport for further action.

No Clarity

The Laotian Times contacted Zuimei, the operator of the orange e-bike service, through its mobile application to seek clarification on the government notice and the company’s response. A company representative answered the call but declined to comment or provide additional information.

In a separate inquiry, Wuhan Huakexunce Technology Co., Ltd., a China-based firm identified as a developer of e-bike applications used in Laos, confirmed it has business operations in the country. The company did not specify whether it is directly involved in the operation or management of the orange e-bike service currently under review.

The lack of clear information has added to public concern over the rapid expansion of unlicensed e-bike services and their impact on public order, pedestrian safety, and traffic management. 

Authorities said the situation highlights the need for clearer regulations, stronger oversight, and consistent enforcement as shared mobility services expand in urban areas.

Local Disruption

Residents in the area said the parking problems have disrupted daily activities, with some requesting anonymity over concerns about raising complaints publicly.

“The e-bike was left in front of my bar since morning and has not been taken or stored properly,” a local bar owner said.“I did not know the operation was not licensed, but the bike blocked the sidewalk and the entrance of my bar.”

A customer also raised concerns about limited controls on who can use the service.

“The application is easy. You are not required to have a driving licence and only need to be older than 16 years old,” she said. “Because there is little regulation, there is nothing really stopping users from doing whatever they want with the bikes.”

She added that while company staff usually use GPS to track and organise the bikes, the service operator oversight remains inconsistent.

“The one in front of the bar was left in the morning and had not been taken care of since,” she said.

Luang Prabang Green E-Bikes

Similar issues have also been reported in Luang Prabang back in 2025. 

Their green e-bikes operated under the same application, Laos-Ebike, remain in use despite earlier enforcement actions. 

In August 2025, local authorities removed several green e-bikes after they were parked illegally along roads near the night market, obstructing traffic and pedestrian access.

While the green e-bike service continues to operate in the city, social media users have noted that the situation has improved compared with previous months. 

However, many posts also point out that challenges remain, particularly around inconsistent parking, rider behavior, and law enforcement.

Public reaction in both Vientiane and Luang Prabang has consistently called for clearer regulations, stronger enforcement, and greater responsibility from service providers, especially as e-bike rentals become more common in tourist areas and urban centres.