BEIJING, Feb. 9, 2026 /PRNewswire/ — Sohu.com Limited (NASDAQ: SOHU) (“Sohu” or the “Company”), a leading Chinese online media platform and game business group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025.

Fourth Quarter Highlights

• Total revenues were US$142 million, up 6% year-over-year and down 21% quarter-over-quarter.
• Marketing services revenues were US$17 million, down 10% year-over-year and up 25% quarter-over-quarter.
• Online game revenues were US$120 million, up 10% year-over-year and down 26% quarter-over-quarter.
• After giving effect to the reversal of previously accrued withholding income tax of approximately US$285 million related to Changyou, GAAP net income attributable to Sohu.com Limited was US$223 million, compared with a net loss of US$21 million in the fourth quarter of 2024 and net income of US$9 million in the third quarter of 2025.
• After giving effect to the reversal of previously accrued withholding income tax of approximately US$285 million related to Changyou, non-GAAP^[1] net income attributable to Sohu.com Limited was US$261 million, compared with a net loss of US$15 million in the fourth quarter of 2024 and net income of US$9 million in the third quarter of 2025.

Fiscal Year 2025 Highlights

• Total revenues were US$584 million, down 2% compared with 2024. 
• Marketing services revenues were US$60 million, down 18% compared with 2024. 
• Online game revenues were US$506 million, up 1% compared with 2024.
• GAAP net income attributable to Sohu.com Limited was US$394 million, compared with a net loss of US$100 million in 2024.
• Non-GAAP net income attributable to Sohu.com Limited was US$234 million, compared with a net loss of US$83 million in 2024.

Dr. Charles Zhang, Chairman and CEO of Sohu.com Limited, commented, “In the fourth quarter of 2025, our marketing services revenues exceeded our previous guidance, while our online game revenues were in line with our expectations. Our non-GAAP bottom-line performance, excluding the impact of the Changyou withholding income tax reversal, came in at the high end of our prior guidance. For the Sohu media platform, we continued to improve our products and algorithms to address user needs and enhance their experience across different scenarios. We continued to host a variety of innovative events, which generated abundant premium content, greatly promoted user engagement, and enabled us to capture more monetization opportunities. For our online games, we remained committed to long-term operational excellence and continued to deliver high-quality content updates and compelling experiences to our players.”

Fourth Quarter Financial Results 

Revenues

Total revenues were US$142 million, up 6% year-over-year and down 21% quarter-over-quarter.

Marketing services revenues were US$17 million, down 10% year-over-year and up 25% quarter-over-quarter.

Online game revenues were US$120 million, up 10% year-over-year and down 26% quarter-over-quarter.

Gross Margin

Both GAAP and non-GAAP gross margin were 75%, compared with 73% in the fourth quarter of 2024 and 81% in the third quarter of 2025.

Both GAAP and non-GAAP gross margin for the marketing services business were 6%, compared with 6% in the fourth quarter of 2024 and 10% in the third quarter of 2025.

Both GAAP and non-GAAP gross margin for online games were 85%, compared with 83% in the fourth quarter of 2024 and 87% in the third quarter of 2025.

Operating Expenses

GAAP operating expenses were US$173 million, up 41% year-over-year and 31% quarter-over-quarter. GAAP operating expenses for the fourth quarter of 2025 included a goodwill impairment charge of approximately US$37 million. 

Non-GAAP operating expenses were US$136 million, up 11% year-over-year and 3% quarter-over-quarter.

Operating Profit/(Loss)

GAAP operating loss was US$66 million, compared with an operating loss of US$25 million in the fourth quarter of 2024 and operating profit of US$14 million in the third quarter of 2025.

Non-GAAP operating loss was US$29 million, compared with an operating loss of US$25 million in the fourth quarter of 2024 and operating profit of US$14 million in the third quarter of 2025.

Income Tax Expense/(Benefit)

GAAP income tax benefit was US$280 million, compared with income tax expense of US$14 million in the fourth quarter of 2024 and income tax expense of US$17 million in the third quarter of 2025. Non-GAAP income tax benefit was US$280 million, compared with income tax expense of US$10 million in the fourth quarter of 2024 and income tax expense of US$17 million in the third quarter of 2025. Due to a revision of the dividend policy for Changyou, previously accrued withholding income tax of approximately US$285 million was fully reversed in the fourth quarter of 2025.

Net Income/(Loss)

GAAP net income attributable to Sohu.com Limited was US$223 million, or net income of US$8.38 per fully-diluted American depositary share (“ADS,” each ADS representing one Sohu ordinary share), compared with a net loss of US$21 million in the fourth quarter of 2024 and net income of US$9 million in the third quarter of 2025.

Non-GAAP net income attributable to Sohu.com Limited was US$261 million, or net income of US$9.77 per fully-diluted ADS, compared with a net loss of US$15 million in the fourth quarter of 2024 and net income of US$9 million in the third quarter of 2025.

Liquidity and Capital Resources

As of December 31, 2025, cash and cash equivalents, short-term investments and long-term time deposits totaled approximately US$1.2 billion.

Fiscal Year 2025 Financial Results

Revenues

Total revenues were US$584 million, down 2% compared with 2024. 

Marketing services revenues were US$60 million, down 18% compared with 2024. 

Online game revenues were US$506 million, up 1% compared with 2024.

Gross Margin

Both GAAP and non-GAAP gross margin were 77%, compared with 72% in 2024.

Both GAAP and non-GAAP gross margin for the marketing services business were 11%, compared with 9% in 2024.

Both GAAP and non-GAAP gross margin for online games were 86%, compared with 82% in 2024.

Operating Expenses

GAAP operating expenses totaled US$547 million, up 1% compared with 2024.

Non-GAAP operating expenses totaled US$508 million, down 6% compared with 2024.

Operating Loss

GAAP operating loss was US$94 million, compared with an operating loss of US$109 million in 2024.

Non-GAAP operating loss was US$55 million, compared with an operating loss of US$109 million in 2024.

Income Tax Expense/(Benefit)

GAAP income tax benefit was US$444 million, compared with income tax expense of US$52 million in 2024.

Non-GAAP income tax benefit was US$245 million, compared with income tax expense of US$37 million in 2024.

Net Income/(Loss)

GAAP net income attributable to Sohu.com Limited was US$394 million, or net income of US$13.96 per fully-diluted ADS, compared with a net loss of US$100 million in 2024.

Non-GAAP net income attributable to Sohu.com Limited was US$234 million, or net income of US$8.27 per fully-diluted ADS, compared with a net loss of US$83 million in 2024.

Supplementary Information for Changyou Results^[2]

Fourth Quarter 2025 Operating Results

• For PC games, total average monthly active user accounts^[3] (MAU) were 2.8 million, an increase of 19% year-over-year and 4% quarter-over-quarter. Total quarterly aggregate active paying accounts^[4] (APA) were 1.1 million, an increase of 8% year-over-year and a decrease of 3% quarter-over-quarter. The year-over-year increases in MAU and APA were mainly from Changyou’s PC game Tian Long Ba Bu (“TLBB”): Return, which was launched during the third quarter of 2025.
• For mobile games, total average MAU were 1.9 million, a decrease of 27% year-over-year and an increase of 1% quarter-over-quarter. Total quarterly APA were 0.3 million, a decrease of 26% year-over-year and an increase of 1% quarter-over-quarter. The year-over-year decreases in MAU and APA were mainly due to the natural decline of several games launched by Changyou during the year of 2024.

Fourth Quarter 2025 Unaudited Financial Results

Total revenues were US$121 million, an increase of 9% year-over-year and a decrease of 26% quarter-over-quarter. Online game revenues were US$120 million, an increase of 10% year-over-year and a decrease of 26% quarter-over-quarter.

Both GAAP and non-GAAP gross profit were US$103 million, compared with US$92 million for the fourth quarter of 2024 and US$141 million for the third quarter of 2025.

GAAP operating expenses were US$58 million, an increase of 29% year-over-year and 6% quarter-over-quarter.

Non-GAAP operating expenses were US$57 million, an increase of 29% year-over-year and 7% quarter-over-quarter. 

GAAP operating profit was US$45 million, compared with US$48 million for the fourth quarter of 2024 and US$87 million for the third quarter of 2025.

Non-GAAP operating profit was US$45 million, compared with US$48 million for the fourth quarter of 2024 and US$88 million for the third quarter of 2025.

Fiscal Year 2025 Unaudited Financial Results

Total revenues were US$509 million, an increase of 1% year-over-year. Online game revenues were US$506 million, an increase of 1% year-over-year.

Both GAAP and non–GAAP gross profit were US$436 million, compared with US$415 million for 2024.

GAAP operating expenses were US$199 million, a decrease of 9% year-over-year.

Non-GAAP operating expenses were US$197 million, a decrease of 10% year-over-year.

GAAP operating profit was US$237 million, compared with US$196 million for 2024.

Non-GAAP operating profit was US$238 million, compared with US$196 million for 2024.

Recent Development

Under the previously-announced share repurchase program of up to US$150 million of the outstanding ADSs, Sohu had repurchased 8.1 million ADSs for an aggregate cost of approximately US$106 million as of February 5, 2026.

Business Outlook

For the first quarter of 2026, Sohu estimates:

• Marketing services revenues to be between US$10 million and US$11 million; this implies an annual decrease of 20% to 27%, and a sequential decrease of 35% to 41%.
• Online game revenues to be between US$113 million and US$123 million; this implies an annual decrease of 4% to an annual increase of 5%, and a sequential decrease of 6% to a sequential increase of 2%. 
• Both non-GAAP and GAAP net loss attributable to Sohu.com Limited to be between US$10 million and US$20 million.

For the first quarter 2026 guidance, the Company has adopted a presumed exchange rate of RMB7.02=US$1.00, as compared with the actual exchange rate of approximately RMB7.18=US$1.00 for the first quarter of 2025, and RMB7.08=US$1.00 for the fourth quarter of 2025.

This forecast reflects Sohu’s management’s current and preliminary view, which is subject to substantial uncertainty.

Non-GAAP Disclosure

To supplement the unaudited consolidated financial statements presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”), Sohu’s management uses non-GAAP measures of gross profit, operating profit/(loss), net income/(loss), net income/(loss) attributable to Sohu.com Limited and diluted net income/(loss) attributable to Sohu.com Limited per ADS, which are adjusted from results based on GAAP to exclude the impact of share-based compensation expense; changes in fair value recognized in the Company’s consolidated statements of operations with respect to the Company’s investments; impairment of goodwill; and the income tax benefit in connection with the Toll Charge and related accrued interest expense. These measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, GAAP results.

Sohu’s management believes excluding share-based compensation expense; changes in fair value recognized in the Company’s consolidated statements of operations with respect to the Company’s investments; impairment of goodwill; and the income tax benefit in connection with the Toll Charge and related accrued interest expense from the Company’s non-GAAP financial measures is useful for itself and investors. Further, the impact of share-based compensation expense; changes in fair value recognized in the Company’s consolidated statements of operations with respect to the Company’s investments; impairment of goodwill; and the income tax benefit in connection with the Toll Charge and related accrued interest expense could not be anticipated by management and business line leaders, and these expenses were not built into the annual budgets and quarterly forecasts that have been the basis for information Sohu provides to analysts and investors as guidance for future operating performance. As share-based compensation expense, changes in fair value recognized in the Company’s consolidated statements of operations with respect to the Company’s investments, and impairment of goodwill do not involve subsequent cash outflow and are not reflected in the cash flows at the equity transaction level, Sohu does not factor in their impact when evaluating and approving expenditures or when determining the allocation of its resources to its business segments. As a result, in general, the monthly financial results for internal reporting and any performance measures for commissions and bonuses are based on non-GAAP financial measures that exclude share-based compensation expense, changes in fair value recognized in the Company’s consolidated statements of operations with respect to the Company’s investments, and impairment of goodwill, and also exclude the income tax benefit in connection with the Toll Charge and related accrued interest expense.

The non-GAAP financial measures are provided to enhance investors’ overall understanding of Sohu’s current financial performance and prospects for the future. A limitation of using non-GAAP gross profit, operating profit/(loss), net income/(loss), net income/(loss) attributable to Sohu.com Limited, and diluted net income/(loss) attributable to Sohu.com Limited per ADS excluding share-based compensation expense is that this expense has been and can be expected to continue to recur in Sohu’s business. It is also possible that changes in fair value recognized in the Company’s consolidated statements of operations with respect to the Company’s investments and impairments of goodwill will recur in the future. In order to mitigate these limitations Sohu has provided specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables include details on the reconciliation between the GAAP financial measures that are most directly comparable to the non-GAAP financial measures that have been presented.

Notes to Financial Information

Financial information in this press release other than the information indicated as being non-GAAP is derived from Sohu’s unaudited financial statements prepared in accordance with GAAP.

Safe Harbor Statement

This announcement contains forward-looking statements. It is currently expected that the Business Outlook will not be updated until release of Sohu’s next quarterly earnings announcement; however, Sohu reserves right to update its Business Outlook at any time for any reason. Statements that are not historical facts, including statements about Sohu’s beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, instability in global financial and credit markets and its potential impact on the Chinese economy; exchange rate fluctuations, including their potential impact on the Chinese economy and on Sohu’s reported U.S. dollar results; fluctuations in Sohu’s quarterly operating results; the possibilities that Sohu will be unable to recoup its investment in content and will be unable to develop a series of successful games for mobile platforms or successfully monetize mobile games it develops or acquires; and Sohu’s reliance on marketing services offerings and online games for its revenues. Further information regarding these and other risks is included in Sohu’s annual report on Form 20-F for the year ended December 31, 2024, and other filings with and information furnished to the SEC.

Conference Call and Webcast 

Sohu’s management team will host a conference call at 7:30 a.m. U.S. Eastern Time, February 9, 2026 (8:30 p.m. Beijing/Hong Kong time, February 9, 2026) following the quarterly results announcement. Participants can register for the conference call by clicking here, which will lead them to the conference registration website. Upon registration, participants will receive details for the conference call, including the dial-in numbers and a unique access PIN. Please dial in 10 minutes before the call is scheduled to begin.

The live Webcast and archive of the conference call will be available on the Investor Relations section of Sohu’s website at https://investors.sohu.com/.

About Sohu

Sohu.com Limited (NASDAQ: SOHU) was established by Dr. Charles Zhang, one of China’s internet pioneers, in the 1990s. Sohu operates one of the leading Chinese online media platforms and also engages in the online game business in the Chinese mainland. Sohu has built one of the most comprehensive matrices of Chinese language web properties, consisting of Sohu News App, Sohu Video App, the mobile portal m.sohu.com, the PC portal www.sohu.com, and the online games platform www.changyou.com/en/.

As a mainstream media platform with social features, Sohu is indispensable to the daily life of millions of Chinese, providing to a vast number of users a network of web properties and community based products, which offer a broad array of content, such as news and information, in the form of text, picture, video, and live broadcasting. Sohu also attracts users to actively engage in content generation and distribution, and actively interact with each other on the platform. Sohu’s online game business is conducted by its subsidiary Changyou, which develops and operates a diverse portfolio of PC and mobile games, such as the well-known TLBB PC and Legacy TLBB Mobile.

For investor and media inquiries, please contact:

Sohu.com Limited
Ms. Pu Huang
Tel:      +86 (10) 6272-6645
E-mail: ir@contact.sohu.com

Christensen Advisory 
E-mail:  sohu@christensencomms.com 

KUALA LUMPUR, Malaysia, Feb. 9, 2026 /PRNewswire/ — Malaysia Blockchain Week (MYBW) 2026 officially kicked off with its Media Launch on 23 January 2026 at The Starhill, organised by ACTIV8, marking the start of the nation’s flagship blockchain and digital assets event. The launch brought together global industry leaders, policymakers, innovators, and Web3 communities to network and gain insights into the upcoming Malaysia Blockchain Week 2026 on 29 – 30 July 2026 at World Trade Centre Kuala Lumpur.

The launch was powered by a coalition of forward-thinking industry leaders, including premier sponsors CoinEx Wallet, ViaBTC, and fxh.ai, whose joint participation signals deep confidence in Malaysia’s growing position as a Web3 hub in Southeast Asia.

Government Commitment: A Clear Digital Roadmap

The event was honored by a substantive keynote address from Mr. Raymond Siva, Emerging Tech Consultant at the Ministry of Digital. In his remarks, Mr. Siva emphasized the government’s structured and proactive approach to digital asset and blockchain governance. He outlined how national initiatives are creating a transparent, secure, and innovation-friendly environment.

ViaBTC: Building Trust Through Compliance and Infrastructure. As a global leader in crypto mining and blockchain infrastructure, ViaBTC stressed the critical link between technological reliability and regulatory maturity.

Mr. Perry Wong, Chief Compliance Officer of ViaBTC, addressed the importance of international compliance standards and ViaBTC’s commitment to operating within Malaysia’s evolving regulatory landscape.

Mr. Rob Chiu, Head of APAC at ViaBTC,addressed on Malaysia’s regional role, noting, “A clear regulatory roadmap attracts serious builders. ViaBTC is here to support Malaysia’s vision with secure, scalable infrastructure that meets both global and local standards.”

Malaysia Blockchain Week 2026 is expected to feature an expanded line-up of conferences, exhibitions, hackathon, workshop and networking event at one place. Anchored by the theme “Bridging Realities: Where Everyone Meets Web3”, the event aims to connect blockchain innovation with real-world applications, bringing together diverse stakeholders to drive practical adoption and meaningful impact across industries.

HONG KONG, Feb. 9, 2026 /PRNewswire/ — To inspire students in Hong Kong and the Greater Bay Area (GBA), unleash their creativity, and engage with the evolving landscape of new media, the Department of Marketing and International Business at Lingnan University organised The City Through My Lens: A Social Media Campaign – Video Competition 2025. Students were invited to form teams and create short promotional social media videos capturing the highlights of their cities. The competition provided a platform for GBA secondary school students to express their creativity and broaden their horizons, while also strengthening the connection between the University and the younger generation. This is the first time the competition has included schools across the GBA, and there were 18 entrants. The championship was awarded to Malvern College Hong Kong, the first runner-up was St. Paul’s Convent School, and the other runners-up were the HKSYC&IA Chan Nam Chong Memorial College, Sha Tin College, St. Paul’s Secondary School and Yew Chung International School.

The awards ceremony was held on 7 February, and Prof Patrick Poon Shing-chung, Associate Dean (Undergraduate Studies and AACSB) of Faculty of Business of Lingnan University, congratulated all the winning teams in his welcoming speech, saying “The videos submitted by the students convey the creativity and inventive spirit of the new generation. Many of them incorporate technology and AI elements, and use the latest tools to raise production quality, reflecting the students’ abilities in research and practice. This aligns with Lingnan University’s philosophy of holistic education, emphasising interdisciplinary practice, and combining technology and innovation with a humanistic perspective. The University is dedicated to cultivating students’ natural aptitude to meet the demands of the future, and the work submitted indicates that they already have the potential for interdisciplinary modernisation.” 

All the teams were asked to produce a video of no more than three minutes based on an original story, presenting the city from their perspective. If AI tools were used, students were required to specify which, and how they were used. The judging panel of professors from the Department of Marketing and International Business assessed the entries on their relevance to theme, creativity, and technical execution.

The judging panel praised the 18 videos for their artistic imagination and depth. Various filming techniques including aerial shots were used, and good editing enhanced the overall quality, demonstrating the technological and original talents of the younger generation in the digital age.

After several rounds of viewing and marking, the video from Malvern College Hong Kong emerged as the best, and won a prize of HK$5,000. The video shows the wonderful journey of a girl exploring Hong Kong’s multiculturalism in her dreams: visiting various districts, including bustling Hong Kong Island, the Chinese-inspired Lingnan Garden in Lai Chi Kok, the arts and culture hub in West Kowloon, and the diverse district of Mong Kok. The video captures Hong Kong’s unique characteristics, featuring the city’s charm and blending Eastern and Western cultures seamlessly.

Delighted, the winning team said “We are grateful to the staff at Lingnan University for their guidance throughout the competition. We faced challenges both large and small, from capturing Hong Kong authentically to managing heavy video files, but our perseverance and teamwork helped to create a video that showcases the city through our unique lens.” 

Prof Peng Ling, Head of the Department of Marketing and International Business, said “The Lingnan Faculty of Business hopes that this competition will demonstrate the University’s teaching characteristics in the integration of the arts and sciences, nurturing students with literacy knowledge, practical competence, and the ability to think critically. We believe that the creativity, communication skills, and spirit of teamwork demonstrated by students in this competition will lay a valuable foundation for their future studies and careers.”

To instruct students in filming and editing techniques, the Department of Marketing and International Business organised a pre-competition “Workshop for Secondary School Students: AI-powered Video Editing (for Beginners)”. Led by Prof Qi Suntong, Assistant Professor of the Department of Marketing and International Business, the workshop coached students in the newest AI tools for image, video, voice-over, and music creation, as well as in practical scriptwriting, storyboard design, and film production with cinematic qualities. Students learnt how to use the tools to enhance their storytelling, and also displayed their work and held discussions during the workshop, which inspired them, and encouraged them to use technology skilfully and correctly in both the competition and their future studies.

For award details, please visit: https://www.ln.edu.hk/mkt/lumsm-2025/award-winners.

XIAMEN, China, Feb. 9, 2026 /PRNewswire/ — Recently, HiTHIUM completed the world’s first open-door large-scale fire test of its ∞Power 6.25MWh 4h long-duration energy storage (LDES) system equipped with kiloampere-hour (kAh) battery cells. The test was conducted under the full supervision of representatives from UL Solutions, U.S. Authorities Having Jurisdiction, and Fire Protection Engineers. The test strictly complied with the latest requirements of UL 9540A 2025 and NFPA 855-2026.

The test results demonstrate that the high-energy-density 6.25MWh energy storage system, incorporating ultra-large-capacity battery cells, exhibited stable and controllable safety performance under extreme conditions. This marks a critical breakthrough in safety validation at higher energy levels for LDES systems, further strengthening the safety foundation for large-scale industry deployment.

Extreme Real-World Scenarios: Confronting Safety Limits at Higher Energy Levels

Building on its previous open-door fire test of a 5MWh system, HiTHIUM conducted an upgraded validation focusing on the ∞Power 6.25MWh LDES system and its core ∞Cell 1175Ah, verifying system-level safety at significantly higher energy levels.

The test was conducted under the most stringent conditions: the container doors remained fully open throughout the test creating an “open-door combustion” condition to maximize oxygen supply and flame impact; adjacent containers were arranged back-to-back and side-by-side with only 15 cm spacing; the system operated at 100% state of charge; and all active fire suppression systems were disabled, relying solely on intrinsic safety design.

Three Core Safety Challenges: Comprehensive Validation of a Multi-Layer Protection System

To address the compounded risks introduced by ultra-large-capacity cells and high-energy-density systems, HiTHIUM implemented a multi-layer safety architecture spanning the cell, module, and system levels. Guided by the core technical approach of “release, protection, and resistance,” the test validated the three core safety challenges.

Release Without Explosion: Precise Management of Ultra-High Energy Release

To manage the massive energy release during thermal runaway of 1175Ah cells, HiTHIUM designed a three-dimensional airflow channel with directional venting, and the module adopted a dual pressure relief valve safety design. This structure enabled rapid and controlled gas release at the cell and module levels, preventing explosive pressure buildup. No explosions or debris ejection were observed during the test.

Combustion Without Propagation: Dual Physical Barriers Against Thermal Spread

Under the most severe conditions of open-door combustion and minimal spacing conditions, the system endured direct flame exposure and intense heat transfer. Fire-resistant module covers, reinforced steel enclosures, and insulated multi-layer container structures confined the fire to a single battery system with no thermal propagation across the containers, and temperatures of cells in adjacent containers remained below safety thresholds.

Resistance Without Structural Failure: Structural Stability Under Extreme Thermal Stress

To withstand prolonged high-temperature exposure, the ∞Power 6.25MWh system was structurally reinforced with a high-strength steel frame, stiffeners, and dual-layer partitions. After continuous combustion, the affected container remained structurally intact, with no significant deformation or collapse observed.

A Milestone Achievement: Redefining Safety Standards for LDES

This test systematically verified the overall safety performance of the ∞Power 6.25MWh LDES system equipped with kAh battery cells, representing a milestone within the global energy storage safety validation framework.

As system capacity continues to increase from 5MWh to 6.25MWh, HiTHIUM remains committed to advancing safety and reliability through rigorous design standards and extreme-condition testing.

Looking ahead, HiTHIUM will remain focused on LDES as a strategic priority, further strengthening its safety foundation and core technologies. By participating in the development of global energy storage safety frameworks to higher standards, and working closely with industry partners, HiTHIUM aims to drive LDES toward larger scale, higher reliability, and safer, more efficient deployment —supporting a steady and sustainable global energy transition.

Drivers who renew their car insurance with PolicyStreet this February stand a chance to win RM8,888 in cash, while enjoying additional festive savings through the 10+10 Promotion and Free Road Tax offers.

KUALA LUMPUR, Malaysia, Feb. 9, 2026 /PRNewswire/ — As Malaysians saddle up to return to their hometowns for festive reunions, PolicyStreet is encouraging drivers to stay a step ahead when it comes to protection by renewing their car insurance on time, or even early, with the launch of its Renew & Huat RM8,888 Lucky Draw.

Running from 6 to 28 February, the campaign rewards timely and early car insurance renewals during the festive period with automatic lucky draw entries. Each successful renewal on PolicyStreet’s platform earns drivers a chance to win a cash prize of RM8,888, making early renewal an even sweeter deal this Chinese New Year.

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From 25 to 28 February, customers renewing their car insurance can also benefit from Free Road Tax, capped at RM90 per vehicle. The offer provides added value for drivers with lower premium amounts, helping to offset renewal costs while ensuring they remain protected on the road during the festive travel period.

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About PolicyStreet

PolicyStreet is a regional full-stack insurance technology (insurtech) group of companies providing cutting-edge digital insurance solutions to businesses and consumers in Southeast Asia and Australia.

PolicyStreet works directly with over 40 life, general insurers and Takaful providers globally to offer a comprehensive range of products and services, which includes but is not limited to embedded insurance, customised employee benefits, financial advisory and aggregation of insurance, as well as the development of digital solutions to make insurance purposeful and simple for businesses and consumers.

As a licensed Reinsurer, General Insurer and Takaful Operator by the Labuan Financial Services Authority (LFSA), an approved Financial Adviser and Islamic Financial Adviser by Bank Negara Malaysia (BNM), and a licensee of the Australian Financial Services License by the Australian Securities and Investments Commission (ASIC), PolicyStreet is able to underwrite, customise policies, and provide unbiased advice to its clients and partners worldwide.

PolicyStreet is backed by the Malaysian sovereign wealth fund, Khazanah Nasional Berhad, and serves over 10 million customers with over US$ 10 billion in sum insured. In 2024, PolicyStreet was recognised as “Fintech of the Year” at The Asset’s Triple A Digital Awards and was the winner of the Fintech Excellence Award for Financial Inclusion at the Singapore Fintech Festival, endorsed by the Monetary Authority of Singapore (MAS). The company was also ranked as the second-highest Malaysian company in the “High-Growth Companies in Asia Pacific 2024” list by Statista and The Financial Times.