NEW YORK, Jan. 28, 2026 /PRNewswire/ — High-Trend International Group (NASDAQ: HTCO) (“HTCO” or the “Company”), a global ocean transportation company, today announced the appointment of Mr. Chew Men Leong, former Chief of Navy of the Republic of Singapore Navy and a veteran leader in infrastructure and global business, as a director of the Company, effective as of January 26, 2026.

This appointment marks a pivotal step in HTCO’s strategy to deepen its global maritime footprint, strengthen its capital position and enhance its presence in the Singapore market.

Core Leadership and Capital Markets Expertise

Maritime command experience: As the former Chief of Navy of the Republic of Singapore Navy, Mr. Chew played a central role in the development and implementation of Singapore’s next-generation navy strategy.

Capital markets and M&A track record: During his tenure as a senior executive at ST Engineering, a global technology and defense group majority-owned by Temasek Holdings, he led the company’s largest-ever cross-border acquisition – the US$2.68 billion all-cash purchase of U.S. transportation technology leader TransCore – and played a decisive role in the global go-to-market strategy and post-acquisition integration.

Large-scale business leadership: As the founding President of ST Engineering’s Urban Solutions business, he led a global portfolio spanning more than 150 cities, achieving annual revenue exceeding 1.6 billion SGD and an order book of over 6 billion SGD.

Public sector and infrastructure governance: Mr. Chew previously served as Chief Executive of the Land Transport Authority (LTA) and the Public Utilities Board (PUB) of Singapore, overseeing the nation’s critical land transport and water infrastructure.

“Mr. Chew brings a rare combination of maritime command, infrastructure governance and global business expansion expertise to our Board,” said Christopher Nixon Cox, Chairman of HTCO. “His background leading the Republic of Singapore’s Navy, together with his experience in managing large-scale international businesses and multi-billion-dollar transactions, will be invaluable as HTCO executes its global maritime strategy and further strengthens its capital position.”

“I am pleased to join the Board of HTCO at this pivotal stage,” said Mr. Chew Men Leong. “The Company operates at the intersection of international shipping, technology and sustainability, and I see significant opportunities for HTCO to deepen its role in the global maritime ecosystem. I look forward to working with my fellow directors and the management team to support the Company’s long-term strategy and create sustainable value for shareholders and other stakeholders.”

About Chew Men Leong

Mr. Chew holds a first-class honours degree in Electrical and Electronic Engineering from Imperial College London and a Master of Science in Management (Sloan Programme) from Stanford University. He has also completed the Advanced Management Programme at the Wharton School of Business. He has served on the boards and councils of leading organisations including Jurong Port, the Maritime and Port Authority of Singapore (MPA) and the Urban Redevelopment Authority (URA). 

About High-Trend International Group

High-Trend International Group is a global ocean transportation company with core businesses in international shipping.

Forward-Looking Statements

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

SUWON, South Korea, Jan. 28, 2026 /PRNewswire/ — This is an article published in The Korea Herald:

Korea’s automotive cybersecurity legislation has now come into force. Compliance has been required for newly registered vehicle types since August 2025 and will apply to existing mass-production registered vehicle types (production vehicles) from August 2027 as a prerequisite for vehicle sales. The industry, however, now faces a key question: “How should we understand this Korean legislation, and how should we respond?”

Korea’s automotive cybersecurity regulatory framework

As the vehicle industry shifts from hardware-centric to software-centric architectures and the era of connected vehicles accelerates, mandatory automotive cybersecurity requirements are expanding globally. In June 2020, UNECE WP.29 adopted UN R155. Based on this, Korea established a cybersecurity framework under the Motor Vehicle Management Act in February 2024.

Cybersecurity Management System (CSMS) certification assesses automaker’s cybersecurity organization and processes, while Vehicle Type Approval (VTA) verifies implementation on actual vehicles. UN R155 requires both to follow a preapproval system. Korea’s Motor Vehicle Management Act adopts a different structure.

Under Korea’s system, CSMS is subject to preapproval, while VTA follows self-certification with postmarket oversight. This reflects the nature of what is being assessed. Existing automotive safety requirements — such as collision or braking tests — are defined by clear quantitative criteria. CSMS, however, includes many qualitative elements related to an automaker’s organization, processes and policies. As a result, applying a single quantitative or uniform standard is challenging due to differences in organizational structures across automakers. Preapproving CSMS is therefore intended to verify in advance whether the required processes are properly established.

Turning regulatory compliance into operating strategy

Many companies already hold UN R155 certification, but Korea’s requirements often demand additional preparation. Under UN R155, CSMS certification is assessed across 12 major categories.

The Motor Vehicle Management Act further refines these categories into multiple subitems and requires automakers to clearly articulate their positions and provide supporting evidence for each subitem. Effective compliance requires more than translation or formal submission — it demands a clear understanding of regulatory intent and well-prepared evidence. Thorough preparation is essential to obtain certification in a single assessment cycle.

For companies without prior certification experience, the starting point should be CSMS.

CSMS is a management framework, not a technical checklist. Companies should begin by clearly defining internal roles and responsibilities and establishing cybersecurity policies and operational procedures across the full lifecycle, from development and production to postproduction phases. They must also formalize the Threat Analysis and Risk Assessment process by systematically identifying threats and vulnerabilities and documenting response strategies, while establishing continuous monitoring, incident response capabilities and supply chain cybersecurity management.

Focusing on CSMS alone, however, is not enough. While CSMS assesses organizational readiness, VTA verifies whether cybersecurity measures are effective on actual vehicles. VTA requires security testing at both ECU and vehicle levels. Documentation alone is insufficient — an effective automotive cybersecurity system is achieved only when policy, processes and real-vehicle implementation are addressed through an integrated approach.

Ultimately, Korea’s automotive cybersecurity regulation sends a clear message: Cybersecurity does not end with certification; it must be embedded across business operations, with continuous improvement throughout the vehicle life cycle.

Building cyber resilience — the ability to respond to and recover from incidents — further strengthens long-term competitiveness.

Kim Sung-bum

Kim Sung-bum is a technical adviser at Fescaro(https://www.fescaro.com/en/) and a former head of the autonomous driving division at the Korea Automobile Testing & Research Institute (KATRI). He participated in the enactment of Korea’s automotive cybersecurity legislation. The views in this column are his own.

BEIJING, Jan. 28, 2026 /PRNewswire/ — Scienjoy Holding Corporation (“Scienjoy”, the “Company”, or “we”) (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced the deployment of AI-powered live streamers across its domestic and overseas platforms. This milestone marks a critical transition from technology development to large-scale commercial deployment, with innovative products—ranging from streamer avatars modeled on real individuals to fully digital streamers—being rolled out across multiple platforms.

Streamer Avatars Launched in China, Unlocking Top Streamer Value

Leveraging its technological capabilities in digital human modeling, voice-driven systems, and real-time interaction, Scienjoy has officially launched a digital avatar livestreaming service on its flagship livestreaming platform in China. These avatars are trained using data from real streamers and can replicate their behavior and hosting styles with high fidelity, enabling round-the-clock broadcasting even when human hosts are offline.

The Company believes that this innovative hybrid model of “real streamer + digital avatar” will achieve uninterrupted content delivery, bridge offline gaps for top streamers, and enhance user retention, content supply, and operational flexibility across the platform. Upon launching the app, users can access real streamers or their clearly labeled digital avatars from the navigation menu. This transparent labeling eliminates potential viewer confusion and ensuring full compliance with Chinese livestreaming regulations—without compromising the quality of the live broadcast experience.

With the support of avatars, real streamers can concentrate on content creation and high-value viewer engagement during peak hours, while delegating routine interactions and long-tail traffic management to their digital avatars. This optimized workflow transforms time-constrained content production into sustainable digital productivity, further improving user retention, content supply, and platform operational efficiency and scalability.

Digital Streamers Piloted Overseas, Demonstrating Cross-Market Adaptability

Built on the same technological foundation, digital streamers have been piloted and deployed on Scienjoy’s overseas platform, BeeLive. Unlike the Company’s domestic platforms, BeeLive features a dedicated “Digital Streamer” tab, separate from the real human streamer section, allowing users to easily discover and switch between content hosted by human or AI-powered streamers.

These digital streamers are created through a standardized production pipeline and can be rapidly adapted to a wide range of livestreaming scenarios, including entertainment, gaming, and e-commerce. This provides Scienjoy’s international operations with a stable, cost-effective, and highly scalable content solution.

The overseas pilot demonstrates the strong replicability of Scienjoy’s digital streamer technology across diverse cultural and market environments, supporting the Company’s global expansion with consistent and efficient content delivery.

A Unified Technical Infrastructure for Sustained Growth

From streamer avatars trained on real hosts to fully standardized, mass-producible digital streamers, Scienjoy’s AI commercialization strategy is built on a unified technical infrastructure. This deployment represents not an endpoint, but a foundation for continued validation and scaling of its AI capabilities.

As AI integration deepens across its product portfolio, Scienjoy is strengthening its technology-driven growth model and accelerating its evolution from a traditional mobile internet company into an AI-powered technology enterprise.

Leadership Perspective

Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented: “The deployment of AI-powered streamers across our platforms validates our technical capabilities and, more importantly, reflects our commitment to building a new growth model that integrates technology, real-world scenarios and business value. Moving forward, we will continue to deepen AI applications within our existing operations while expanding into new industry scenarios to build a sustainable growth trajectory.”

“By enhancing technological standardization and cross-market adaptability, we aim to deliver more immersive and intelligent interactive experiences for users and provide enterprises with practical, results-driven AI solutions .”

About Scienjoy Holding Corporation

Scienjoy is a pioneering Nasdaq-listed interactive entertainment leader. Driven by the vision of shaping a metaverse lifestyle, Scienjoy leverages AI-powered technology to create immersive experiences that resonate with global audiences, fostering meaningful connections and redefining entertainment. For more information, please visit http://ir.scienjoy.com/.

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission (“SEC”) from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

For investor and media inquiries, please contact:

Investor Relations Contacts
Denny Tang
Chief Financial Officer
Scienjoy Holding Corporation
+86-10-64428188
ir@scienjoy.com

Ascent Investor Relations LLC
Tina Xiao
+1-646-932-7242
investors@ascent-ir.com