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Compact Size, High Standards: New Otis Gen3™ Villa Homelift Elevates Everyday Living

  • The latest home vertical mobility innovation from Otis supports safe, stylish and accessible living

JAKARTA, Indonesia, Feb. 9, 2026 /PRNewswire/ — Demand for affordable, high quality home lifts is increasing[1] – driven by increased urbanisation, the rise of luxury housing and smart homes, and the growing need for enhanced accessibility and mobility solutions as populations age and prefer to live independently in their own homes. The new Gen3™ Villa homelift from Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company, is designed to meet the needs of homeowners across Asia Pacific and is now available in Indonesia, Malaysia, Thailand, The Philippines and Vietnam.  

Otis Gen3™ Villa Homelift
Otis Gen3™ Villa Homelift

The compact design of the Otis Gen3 Villa homelift simplifies installation and takes up little space in the home – for example, it only needs a pit depth of either 30cm or 50cm, depending on local regulatory requirements. For environmentally conscious homeowners, the patented coated steel belts used in the Gen3 Villa homelift eliminate the need for oil lubrication. In addition, it is energy efficient, thanks to a gearless permanent magnet machine and standby mode technology when the device is not in use. With its single phase (monophasic) power supply, commonly used for standard household appliances, it is easy to install and cost-effective. 

“Homeowners in Indonesia seeking safety, style, and accessibility can now bring Otis’ world-class, industry-leading solutions into their own homes with the new Gen3 Villa homelift,” said Nicolas Lopez, Senior Vice President and Managing Director, Otis Southeast Asia. “Built on our well-established Otis Gen3 platform, it combines advanced technology, energy efficient features, and customisable design options to meet high safety standards required for homelifts and elevate modern home living.” 

Key details: Indonesia[2]

  • Maximum travel: 18m/6 stops 
  • Passengers: 3-5
  • Travel speed: up to 0.4m/second
  • Load: 250kg, 320kg and 400kg. 

To find out more details about the Otis Gen3 Villa homelift, visit www.otis.com

What are the key customer benefits of the Otis Gen3™ Villa homelift?  

Safety

The Gen3 Villa homelift is designed for safe operation:  

  • In a power outage, the Automatic Rescue Operation feature returns the homelift to the nearest landing where passengers can exit safely.  
  • In an entrapment, passengers are immediately connected via the in-car telephone to a person identified in advance by the homeowner who can organise assistance[3].
  • A child lock feature[4] allows customers to choose to lock hall buttons to avoid children calling the homelift without supervision. 

Reliability 

The established Otis Gen3 platform serves as the foundation for the Gen3 Villa homelift:  

  • An advanced traction and controller system powers its innovative design, delivering smooth, quiet operation.  
  • The patented coated steel belts last longer than roped machines and remove the need for oil lubrication. The belts are monitored 24/7 by the Otis Pulse™ system[5], which helps to minimise downtime. 

 Passenger experience 

The Gen3 Villa homelift is designed with inclusivity in mind, and comes with customisable design features: 

  • A spacious cab, wide door opening, and ergonomic horizontal control panel provide easy access, including for people using wheelchairs. 
  • Customised cab designs are available to match the aesthetics to home décor and architectural styles. 
  • Additional options include panoramic glass walls that provide openness and natural light.

 

1. Source: Home Elevator Market Trend, Outlook & Forecast 2025-2035

2. These figures apply in Indonesia at the time of writing. Product features and availability may vary by country. For specific details, please contact your Otis representative. 

3. Customer to provide in-car telephone device and activate before use. 

4. The child lock feature requires activation by the homeowner after installation. 

5. Feature subject to a maintenance contract. 

About Otis  

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide – the industry’s largest Service portfolio. You’ll find us in the world’s most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedInYouTubeInstagram and Facebook @OtisElevatorCo.  

Compact Size, High Standards: New Otis Gen3™ Villa Homelift Elevates Everyday Living

  • The latest home vertical mobility innovation from Otis supports safe, stylish and accessible living

HANOI, Vietnam, Feb. 9, 2026 /PRNewswire/ — Demand for affordable, high quality home lifts is increasing[1] – driven by increased urbanisation, the rise of luxury housing and smart homes, and the growing need for enhanced accessibility and mobility solutions as populations age and prefer to live independently in their own homes. The new Gen3™ Villa homelift from Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company, is designed to meet the needs of homeowners across Asia Pacific and is now available in Indonesia, Malaysia, Thailand, The Philippines and Vietnam.  

Otis Gen3™ Villa Homelift
Otis Gen3™ Villa Homelift

The compact design of the Otis Gen3 Villa homelift simplifies installation and takes up little space in the home – for example, it only needs a pit depth of either 30cm or 50cm, depending on local regulatory requirements. For environmentally conscious homeowners, the patented coated steel belts used in the Gen3 Villa homelift eliminate the need for oil lubrication. In addition, it is energy efficient, thanks to a gearless permanent magnet machine and standby mode technology when the device is not in use. With its single phase (monophasic) power supply, commonly used for standard household appliances, it is easy to install and cost-effective. 

“Homeowners in Vietnam seeking safety, style, and accessibility can now bring Otis’ world-class, industry-leading solutions into their own homes with the new Gen3 Villa homelift,” said Nicolas Lopez, Senior Vice President and Managing Director, Otis Southeast Asia. “Built on our well-established Otis Gen3 platform, it combines advanced technology, energy efficient features, and customisable design options to meet high safety standards required for homelifts and elevate modern home living.” 

Key details: Vietnam[2]  

  • Maximum travel: 15m/6 stops 
  • Passengers: 3-5
  • Travel speed: up to 0.3m/second
  • Load: 250kg, 320kg, 400kg. 

To find out more details about the Otis Gen3 Villa homelift, visit www.otis.com

What are the key customer benefits of the Otis Gen3™ Villa homelift?  

Safety  

The Gen3 Villa homelift is designed for safe operation:  

  • In a power outage, the Automatic Rescue Operation feature returns the homelift to the nearest landing where passengers can exit safely.  
  • In an entrapment, passengers are immediately connected via the in-car telephone to a person identified in advance by the homeowner who can organise assistance[3].
  • A child lock feature[4] allows customers to choose to lock hall buttons to avoid children calling the homelift without supervision.

 Reliability 

The established Otis Gen3 platform serves as the foundation for the Gen3 Villa homelift:  

  • An advanced traction and controller system powers its innovative design, delivering smooth, quiet operation.  
  • The patented coated steel belts last longer than roped machines and remove the need for oil lubrication. The belts are monitored 24/7 by the Otis Pulse™ system[5], which helps to minimise downtime. 

 Passenger experience 

The Gen3 Villa homelift is designed with inclusivity in mind, and comes with customisable design features: 

  • A spacious cab, wide door opening, and ergonomic horizontal control panel provide easy access, including for people using wheelchairs. 
  • Customised cab designs are available to match the aesthetics to home décor and architectural styles. 
  • Additional options include panoramic glass walls that provide openness and natural light. 

 

1. Source: Home Elevator Market Trend, Outlook & Forecast 2025-2035.

2. These figures apply in Vietnam at the time of writing. Product features and availability may vary by country. For specific details, please contact your Otis representative.

3. Customer to provide in-car telephone device and activate before use.

4. The child lock feature requires activation by the homeowner after installation.

5. Feature subject to a maintenance contract. 

About Otis  

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide – the industry’s largest Service portfolio. You’ll find us in the world’s most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedInYouTubeInstagram and Facebook @OtisElevatorCo.  

CEVA ANNOUNCES STRATEGIC LEADERSHIP CHANGES IN ASIA-PACIFIC AND CHINA

LIBOURNE, France, Feb. 9, 2026 /PRNewswire/ — Ceva Animal Health (Ceva), the world’s fifth-largest animal health company operating in 110 countries, is implementing strategic organisational changes across Asia Pacific (APAC) and China to accelerate growth and drive operational excellence. As part of this strategic realignment, Ceva has relocated its Asia-Pacific regional headquarters to Shanghai, positioning the company to serve the dynamic markets in the region more effectively.

Arnaud Le Boulanger, Executive Vice President APAC & China region
Arnaud Le Boulanger, Executive Vice President APAC & China region

Arnaud Leboulanger is appointed Executive Vice President (EVP) of the new APAC & China region. He joined the group in 2003 and gained solid international experience as a General Manager for entities in South Eastern Europe, the Middle East and the Pacific, before taking over the French, and then the Southern European subsidiaries. Arnaud’s track record illustrates his ability to drive change, spearhead transformations, and support sustainable growth. His vision and knowledge of diversified markets will be key assets to support Ceva’s ambitions in this strategic region.

Anh-Mai Vu, currently Director of Global E-Commerce, is appointed Head of Pet Products for the APAC & China region. Over the past two years, she has led the digital transformation and developed our global e-commerce division, strengthening the company’s presence in several markets. Her leadership and strategic vision will be key to accelerating growth in this high-potential region, focusing on expansion, customer experience and creating new opportunities.

Speaking on this leadership change, Andras Bolcskei, Executive Vice-President, Global Commercial Operations, says: “Today’s appointment builds upon the solid foundations established by Arnaud. We sincerely appreciate his leadership and are confident it will continue to guide him successfully in his new role. His ability to deliver results across all species will be a key asset as he steps into this expanded responsibility. We look forward to seeing him drive accelerated growth across APAC and China.”

Commenting on his new appointment, Arnaud Leboulanger says: “We are excited to begin this new chapter for Ceva in the Asia Pacific and China region. Relocating our regional headquarters to Shanghai reflects our commitment to being closer to our dynamic and rapidly evolving markets. With a strategic focus on innovation, operational excellence, and customer-centricity, we are well-positioned to accelerate growth and create sustainable value for our customers, partners, and the communities we serve. I look forward to leading our talented teams through this transformation and unlocking the full potential of this vibrant region.”

About Ceva Animal Health

Ceva Animal Health (Ceva) is the 5th global animal health company, led by experienced veterinarians, whose mission is to provide innovative health solutions for all animals to ensure the highest level of care and well-being. Our portfolio includes preventive medicine such as vaccines and animal welfare products, pharmaceutical solutions for farm and companion animals, as well as equipment and services to provide the best experience for our customers.

With more than 7,000 employees located in 47 countries, Ceva strives daily to bring to life its vision as a One Health company: “Together, beyond animal health”.

2025 turnover: €1.92 billion

www.ceva.com 

Press contact:

emilie.barrail@ceva.com

 

Agoda Unveils Asia’s Top Onsen Destinations

SINGAPORE, Feb. 9, 2026 /PRNewswire/ — Digital travel platform Agoda has released its list of the top destinations in Asia for onsen hot spring activities, with Osaka taking the crown, based on activity bookings made on Agoda in January 2026. Following closely are Kyoto, Ha Long, Beppu, and Nagasaki, each offering unique and immersive onsen experiences.

As travelers increasingly seek out more authentic local experiences, onsens present a perfect choice. These traditional hot spring baths are not only a staple in Japan but have gained popularity across Asia. Whether traveling with family, friends, or solo, or even for locals looking to unwind, onsens offer a holistic wellness and relaxation treat. They provide a serene escape and a chance to connect with the local culture.

Jay Lee, Regional Director, North Asia at Agoda, shared, “Onsens in Japan and across Asia offer a unique blend of relaxation and cultural immersion. Agoda’s data finds that travelers are booking onsen activities as part of walking, hiking, and exploration tours to experience destinations like a local. Agoda is thrilled to offer a wide range of activities that can be seamlessly booked on one platform, so that travelers can experience more in every city they visit.”

Here are the top five onsen destinations in Asia according to activities booked on Agoda:

1.    Osaka, Japan – Osaka offers a rich tapestry of experiences for onsen enthusiasts. The Osaka Bay Tower provides a unique opportunity to enjoy hot spring baths with panoramic views of the cityscape. Visitors can also book day trips to explore the majestic Mt. Fuji, where the journey includes an onsen experience amidst the stunning natural backdrop. Meanwhile, the Arima Onsen area, one of Japan’s oldest hot spring resorts, offers therapeutic waters within a short distance from the city.

2.      Kyoto, Japan – Known for its historic charm and traditional ambiance, Kyoto offers a unique onsen experiences steeped in nature where visitors can unwind amidst lush greenery. Kurama Onsen, located in the mountains, offers a peaceful retreat with outdoor baths that overlook the picturesque landscape. Kyoto’s rich cultural heritage, including its temples, tea houses, and geisha districts, adds to the allure, making it a perfect destination for those seeking a blend of relaxation and cultural exploration.

3.    Ha Long, Vietnam – Outside of Japan, Vietnam’s Ha Long emerges as a popular choice for those looking to experience a Japanese-style onsen. Places like Yoko Onsen Quang Hanh Spa offer mineral baths, saunas, and relaxation areas, where visitors can indulge in a day of pampering, complete with Japanese cuisine and cultural activities.

4.      Beppu, Japan – Beppu is a hot spring paradise, known for its “hells” or jigoku, which are unique geothermal attractions. Visitors can tour the famous Umi Jigoku and Oniishi Jigoku, marveling at the vibrant colors and steaming waters. A scenic ride on the Beppu Ropeway to Mt. Tsurumi’s summit offers breathtaking views and cool mountain air. The charming hot spring town of Yufuin, with its quaint shops and cafes, provides a delightful end to the day. Beppu’s onsen culture, combined with sound bath meditation and other wellness activities, makes it a haven for relaxation seekers.

5.      Nagasaki, Japan – Nagasaki offers a blend of history, culture, and relaxation. Visitors can experience a traditional ryokan stay, complete with a cooking class and a visit to the local farmer’s market. The ryokan’s hot spring bath provides a soothing end to the day, offering a unique glimpse into Japanese hospitality.

Travelers seeking immersive local experiences can find over 300,000 activities and experiences that are available on Agoda. The latest deals are available in the Agoda app or on agoda.com/deals.

 

Peijia Medical Submits EU MDR CE Mark Registration Application for GeminiOne® TEER System

HONG KONG, Feb. 9, 2026 /PRNewswire/ — Peijia Medical Limited (HKEX: 9996) today announced that it has formally submitted the European Union Medical Device Regulation (EU MDR) CE Mark registration application for its internally developed GeminiOne Transcatheter Edge-to-Edge Repair (TEER) System for the treatment of mitral regurgitation, with HighLife SAS being the Company’s European partner.

The CE Mark submission represents a significant milestone in Peijia Medical’s globalization strategy and underscores the Company’s continued commitment to expanding its presence in major international markets.

GeminiOne is a novel TEER device internally developed by the Company. The system features a unique sliding groove mechanism that enables a longer coaptation length while maintaining a smaller implant size and delivery system. It also incorporates an independent leaflet grasping design intended to reduce procedural complexity, an auto-locking mechanism that helps prevent repeated locking and unlocking during the procedure, and a multi-angular detachment capability that allows the device to accommodate a wider range of anatomical variations. The design of the System has been patented globally and has obtained clearance through multiple freedom-to-operate (FTO) analyses.

In addition to the EU submission, the registration application for GeminiOne has been accepted by the National Medical Products Administration (NMPA) of the People’s Republic of China and is currently under review. The system has also received Investigational Device Exemption (IDE) approval from the U.S. Food and Drug Administration (U.S. FDA) to conduct an Early Feasibility Study (EFS) in the United States.

Peijia Medical will continue to actively advance regulatory registrations in China and Europe, aiming to bring safe and effective treatment options to patients with mitral regurgitation at the earliest practicable opportunity.

Forward-Looking Statements

This press release contains forward-looking statements related to product availability, clinical development, and commercialization plans. Actual results may differ due to regulatory, clinical, or market factors.

Regulatory Notice

The GeminiOne TEER System is currently under clinical and regulatory evaluation and has not been approved for commercial sale in any country or region.

About the Company

Peijia Medical (9996.HK) was established in 2012 and is headquartered in Suzhou, China. Peijia Medical focuses on the high-growth interventional procedural medical device market in China and aims to become a world-renowned medical device platform that provides comprehensive treatment solutions for structural heart and neurovascular diseases. The Company now has four TAVR systems and nearly twenty neurointerventional devices registered in China and various innovative product candidates at different stages of development. For more information about Peijia visit peijiamedical.com/about.

 

NX Taiwan Opens Tainan NEXT11 Warehouse as New Logistics Hub

– Aims to Bolster Supply Chains in Southern Taiwan to Accommodate Expanded Semiconductor and AI-related Operations –

TOKYO , Feb. 9, 2026 /PRNewswire/ — Nippon Express (Taiwan) Co., Ltd., (hereinafter NX Taiwan), a group company of NIPPON EXPRESS HOLDINGS, INC., has opened the Tainan NEXT11 Warehouse in the southern Taiwanese city of Tainan and commenced full-scale operations there as of January 2026.

Logo: https://drive.google.com/file/d/1dqm0cxpYamnvMUra1AGXMuGlX932Z353/view?usp=drive_link 

Image1: Tainan NEXT11 Warehouse

https://drive.google.com/file/d/1RHiRTtm3qMFn8sp0b5mHFI7vqqq7-msA/view?usp=drive_link 

Image2: Chairman Masaru Kawamoto delivering remarks at the opening ceremony

https://drive.google.com/file/d/1J1Ex5NUATQlhevou5C8q1JFfIRaSVEED/view?usp=drive_link 

NX Taiwan has situated this new logistics hub within the Tainan Sinshih Logistics Park developed by Uni-President Enterprises Group, Taiwan’s largest food and distribution conglomerate. The site boasts excellent access to the expressway network and major industrial parks, coupled with the geographical advantage of proximity to the Southern Taiwan Science Park (STSP), a hub for semiconductor-related companies. Utilizing the park’s rampway structure, which allows large vehicles direct access to berths on each floor, the new facility enables shorter shipping lead times and flexible responses to demand fluctuations. It is also equipped with raised-floor platform loading docks, 24/7 manned security and surveillance cameras, and air-conditioning systems, all part of a robust configuration designed to provide the stringent quality control and security required for semiconductor-related cargo.

At the opening ceremony, Chairman Kawamoto declared: “We will be contributing to the development of Taiwan’s semiconductor industry, further enhancing the NX Group’s presence, and seeking continued growth through this Tainan NEXT11 Warehouse as we maximize our logistics capabilities to create high value for our customers.”

The NX Group will continue strengthening its logistics functions to keep pace with the Taiwanese market’s anticipated growth and leveraging its global logistics network to provide worldwide support for its customers’ supply chains.

Profile of new warehouse

Name: Tainan NEXT11 Warehouse

Location: 5th Floor, No. 11 Wangjia Road, Xinshi District, Tainan City

Area: 15,460.13m2

Primary equipment: Raised-floor platforms, 24/7 security, surveillance cameras, air conditioning

Business activities: Storage, distribution, inspection, sorting, packaging

About the NX Group: https://drive.google.com/file/d/1mbvBL6C8THZNrR5LREgGeafNkEdaAmV-/view?usp=drive_link 

NX Group official website: https://www.nipponexpress.com/ 

NX Group’s official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/ 

ADNOC Gas Delivers Record $5.2bn Net Income in 2025

$3.6 Billion Dividend for 2025 endorsed by Board
Domestic gas business EBITDA grew 10% year-on-year in 2025, supported by a 4% growth in domestic sales volumes
Final Investment Decisions for Rich Gas Development phases 2 and 3 targeted in Q1 2026, reinforcing long–term capacity growth

ABU DHABI, UAE, Feb. 9, 2026 /PRNewswire/ — ADNOC Gas plc and its subsidiaries (collectively “ADNOC Gas” or the “Company”) (ADX: ADNOCGAS) (ISIN: AEE01195A234), today announced a record net income1 of $5.2 billion, a 3% increase compared to 2024, demonstrating structurally resilient earnings and an ability to perform consistently through commodity cycles. The Company’s results underscored the strength of its long-term strategy, delivering record full-year results despite an average Brent crude oil price of $69, a drop of 14% year-on-year. The Company’s robust 2025 net income was primarily driven by the strength of its domestic gas business where its EBITDA was up 10% on sales volume growth of 4% year-on-year (YoY) and improved commercial terms.

Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said: “2025 was a defining year for ADNOC Gas. We delivered record earnings while investing in growth, demonstrating that our business is resilient, scalable, and globally relevant. As demand for reliable delivery of gas continues to expand, ADNOC Gas is strategically positioned to serve both the UAE and international markets with confidence and discipline.”

Looking ahead, ADNOC Gas remains well positioned to capture continued domestic demand growth beyond 2026, supported by strategic infrastructure investments, including the ADNOC Estidama gas pipeline project, which will expand access to the Northern Emirates and reinforce the UAE’s long–term objective of achieving gas self–sufficiency. The Final Investment Decision (FID) for phases two and three of the Rich Gas Development (RGD) project is anticipated in the first quarter of 2026. This expansion, benefiting from the growth of ADNOC’s upstream operations, is one of the critical projects to enable ADNOC Gas by 2029 to expand its overall capacity by 30%. As global demand for gas continues to grow, ADNOC Gas is investing with confidence to support the UAE’s energy security whilst growing its international markets.

Q4 2025 net income was $1.2 billion despite softer export market pricing. ADNOC Gas increased sales volumes by 5% compared to Q4 2024, primarily driven by strong domestic gas performance, with demand remaining steady throughout the UAE’s milder weather conditions in the final quarter of 2025. Overall, domestic Adjusted EBITDA for Q4 2025 rose 6% year-on-year2. This sustained demand is attributable to the robust industrial sector, which contributed to a 4.8% UAE GDP3 growth rate in 2025.

Capital expenditure at $3.6 billion increased in 2025 as several major projects progressed. In 2025 we launched phase one of the RGD project, which expands domestic gas processing capacity and increases production of export-traded liquids from new, richer gas supplies, which progressed in line with ADNOC Gas’ strategy.

Following the commissioning of IGD–E2 in the final quarter of 2025, work is advancing as planned on the ADNOC Estidama gas-pipeline project, which aims to enhance access for industrial and utility customers in the Northern Emirates. Together, these projects reinforce ADNOC Gas’ role as a critical enabler of the UAE’s industrial growth, and a pillar of long–term energy security.

For the financial year 2025, ADNOC Gas confirms its dividend of $3.584 billion, of which an interim cash dividend of $1.792 billion was paid in September 2025, a quarterly dividend of $896 million paid in December 2025, and a final dividend of $896 million is expected to be paid in April 2026, pending approval at the Annual General Meeting (AGM). The FY 2025 dividend is in line with the company’s robust policy to increase the annual dividend by 5% annually and reflects the company’s strong free cash flow, which exceeds the dividend commitment by over $500 million.

Key Highlights:

  • Record full-year net income: $5.2 billion, up 3% year-on-year
  • Capital expenditure increased to $3.6 billion in 2025, up 98% year-on-year
  • ADNOC Gas confirms its 2025 dividend of $3.584 billion

$ Million

Q4 24

Q3 25

Q4 25

Year-on-Year %

QoQ %

Q4 25 vs.
Q4 24

Q4 25 vs.
Q3 25

Full Year 
2024

Full Year 
2025

FY 25 vs.
FY 24

Revenue

6,060

5,931

5,482

-10 %

-8 %

24,428

23,473

-4 %

COGS

-3,299

-3,217

-2,906

-12 %

-10 %

-13,770

-12,782

-7 %

Opex

-479

-537

-533

11 %

-1 %

-2,009

-2,054

2 %

EBITDA

2,282

2,178

2,043

-10 %

-6 %

8,648

8,636

0 %

Net Income

1,381

1,338

1,173

-15 %

-12 %

5,001

5,166

3 %

EBITDA Margin

37.7 %

36.7 %

37.3 %

-38bps

+55bps

35.4 %

36.8 %

+139bps

Net Income Margin

22.8 %

22.6 %

21.4 %

-139bps

-115bps

20.5 %

22.0 %

+153bps

Alternative performance measures:

  • Financial information as presented above includes ADNOC Gas’ proportionate consolidation of JVs financial results.
  • EBITDA includes proportionate consolidation of JVs and represents Earnings Before Interest, Tax, Depreciation and Amortization.
  • The reconciliation between the financial data as presented and the IFRS financial statements is presented in the Management Discussion & Analysis Report.

1 All FY 2025 results are preliminary unaudited figures
2 Reported Q4 ’24 EBITDA included a Domestic Gas contract renewal of $188m for the whole of 2024
3 Source IMF October 2025 

Cautionary note:

This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of ADNOC Gas. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in these statements. ADNOC Gas does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or other information. Results could differ materially from those stated, implied, or inferred from the forward-looking statements contained in this announcement. Readers should not place undue reliance on forward-looking statements.

About ADNOC Gas

ADNOC Gas, listed on the ADX (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), is a world-class, large-scale integrated gas processing and sales company operating across the gas value chain, from receipt of feedstock from ADNOC through large, long-life operations for gas processing and fractionation to the sale of products to domestic and international customers. ADNOC Gas supplies approximately 60% of the UAE’s sales gas needs and supplies end-customers in over 20 countries. To find out more, visit: www.adnocgas.ae

(X) @ADNOCGas

For investor inquiries, please contact:

Richard Griffith
Vice President, Investor Relations
+971 (2) 6037445
ir@adnocgas.ae 

For media inquiries, please contact:

Colin Joyce
Vice President, Corporate Communications 
+971 (2) 6037444
media.adg@adnoc.ae

Pony.ai and Toyota Advance Robotaxi Commercialization with Mass-Produced bZ4X Robotaxis

GUANGZHOU, China, Feb. 9, 2026 /PRNewswire/ — Pony.ai, a global leader in the large-scale production and commercialization of autonomous driving technology, today announced that the first mass-produced bZ4X Robotaxi, developed in collaboration with Toyota, has officially rolled off the production line.

This milestone marks a new phase of scaled production and commercial deployment for the Pony.ai–Toyota collaboration in Robotaxi development and operations. It also highlights deep synergy between the partners across autonomous driving technology, vehicle manufacturing, and supply chain integration.

The companies plan to produce more than 1,000 bZ4X Robotaxis in 2026, with vehicles to be gradually introduced into commercial services across China’s Tier 1 cities. This effort supports Pony.ai’s goal of expanding its total Robotaxi fleet to more than 3,000 vehicles by the end of this year.

The bZ4X Robotaxi is jointly developed by Pony.ai, Toyota Motor China, and GAC Toyota. Production is carried out collaboratively by Pony.ai and GAC Toyota, one of Toyota’s global model plants.

On the technology front, the vehicle is equipped with Pony.ai’s latest seventh-generation (Gen-7) autonomous driving system. Its core components are 100% automotive-grade, and the bill of materials (BOM) cost of the autonomous driving kit has been reduced by 70% compared with the previous generation. Pony.ai unveiled its Gen-7 Robotaxi lineup, comprising three models including the bZ4X, in April last year. The other two models entered commercial service in November.

The Gen-7 Robotaxis further enhance the rider experience with features including Bluetooth-based automatic vehicle unlocking, in-cabin voice interaction, online music services, and pre-trip climate control, alongside refined acceleration and braking patterns to help minimize motion sickness.

To meet the stringent safety and reliability requirements of Robotaxi operations, the bZ4X Robotaxi production line deeply integrates the Toyota Production System (TPS), with dedicated systems for production management, quality control, and safety management. Toyota’s core principles of Quality, Durability, and Reliability (QDR) are embedded throughout the entire Robotaxi production process, establishing a strong foundation for quality and safety in future large-scale operations.

This mass-production milestone for the bZ4X Robotaxi is the result of a long-term strategic collaboration between Pony.ai and Toyota that began in 2019. Since then, the partners advanced Robotaxi product iteration and mass-production planning, and launched multiple Robotaxi models based on Toyota vehicle platforms. In parallel, they established a joint venture dedicated to Robotaxi design, manufacturing, and operational support.

Together, these efforts demonstrate a clear pathway for autonomous driving technology to progress from limited-scale validation to large-scale mass production. They also reflect the deepening mutual trust between Pony.ai and Toyota and their shared commitment to large-scale Robotaxi commercialization.