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Zoomlion Tower Cranes Power Dubai’s Record-Breaking Skyline Projects

DUBAI, UAE, Jan. 28, 2026 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK) is supporting the transformation of Dubai’s skyline with its tower cranes deployed across a series of landmark developments, including the Ciel Dubai Marina hotel, officially certified by Guinness World Records as the world’s tallest at 377.127 meters. Zoomlion’s cranes served as the main lifting equipment throughout the project, contributing to its successful completion. The achievement underscores the technical demands of ultra-high-rise construction and the proven performance of Zoomlion equipment in complex building environments.

 

Zoomlion Tower Cranes Power Dubai’s Record-Breaking Skyline Projects

Zoomlion’s L250-20 tower crane served as the main hoisting solution for the hotel project, enabling precise and stable lifting operations as the structure reached record-breaking heights. This achievement further reinforces Zoomlion’s growing expertise in high-rise engineering and its contribution to key infrastructure developments across the Middle East.

In addition to the world-record project, Zoomlion equipment is supporting multiple high-profile developments across Dubai. At the Damac Bay project in the Dubai Marina core district, six Zoomlion L125-10FQ tower cranes have been deployed across three main structures. Equipped with advanced electronic control systems and compact mast sections, these cranes are enhancing operational efficiency and structural stability in space-constrained environments.

At the Azizi Venice residential complex, one of Dubai’s largest housing projects, large-scale coordinated crane operations are underway. Over 40 Zoomlion tower cranes are currently in operation, featuring a range of core models. An additional fleet is scheduled to be deployed, with the site expected to host nearly 80 Zoomlion tower cranes at peak capacity. This project marks a new milestone for the Company’s international multi-unit deployment capabilities.

Zoomlion is also a key equipment partner for the Al Habtoor Tower project, set to become the tallest standalone residential building in the world. Rising over 300 meters with 82 floors along the Dubai Water Canal, the project is equipped with a customized fleet of Zoomlion luffing jib tower cranes and construction hoists, chosen for their lifting precision and adaptability to extreme vertical conditions.

Zoomlion tower cranes have been used in record-breaking landmarks and dense urban developments and have become an integral part of Dubai’s construction ecosystem. Backed by continuous engineering innovation and deep project expertise, Zoomlion remains committed to delivering high-performance construction equipment to support urban development around the world.

Autozi Controlling Shareholder Announces Plan to Invest Up to USD 30 Million in Share Purchase at USD 5 Per Share, Reaffirming Confidence in Future Growth

BEIJING, Jan. 28, 2026 /PRNewswire/ — Autozi (Stock Code: AZI), a leading operator of cloud-based supply chain platforms for China’s automotive industry, announced today that its board of directors has received a Share Increase Commitment Letter from Dr. Zhang Houqi, the company’s founder, controlling shareholder, and chairman. According to the letter, Dr. Zhang plans to purchase Autozi shares incrementally over the next 12 months at USD 5 per share, using personal funds totaling between USD 10 million and USD 30 million. This move demonstrates his firm confidence in the company’s long-term development and will help accelerate the execution of Autozi’s three-year strategic plan.

As the only Nasdaq-listed company in China’s auto parts industrial internet sector, Autozi has faced multiple challenges in the U.S. capital market since its listing. Its share price once fell to just a few cents, and the company entered Nasdaq’s delisting hearing process due to non-compliance with minimum public float and share price requirements—an episode that drew considerable industry attention. The situation largely resulted from limited familiarity with U.S. market regulations and insufficient experience in managing post-IPO capital market pressures.

Confronted with these difficulties, the Autozi team acted swiftly. Leveraging its long-established strengths in platform, data, and finance, along with mature operational expertise, the company implemented a series of corrective measures. It successfully addressed the compliance issues related to its listing status and, on January 14, 2026, formally received a Nasdaq compliance notice. Consequently, the delisting hearing originally scheduled for January 22 was canceled, eliminating the risk of delisting and clearing the path for the company’s strategic advancement.

While navigating the delisting crisis, Autozi—firmly positioned in China’s multi-billion-dollar automotive aftermarket—reorganized and unveiled its three-year strategic framework: “Turn to Profit, Deepen in China, Expand Overseas.” The strategy outlines three core pillars:

Profit Transformation Initiative: Drive comprehensive corporate transformation, focus on improving quality and efficiency in core businesses, accelerate the path to profitability and positive cash flow, and solidify the asset-light, operations-intensive platform model.

Domestic Market Expansion: Concentrate on the automotive maintenance parts segment, acquire and integrate high-quality regional parts supply chain service providers across 30 provinces and municipalities, and build China’s first nationwide maintenance parts supply chain platform. This will be supported by an industry-leading database covering over 100,000 vehicle models and 10 million+ part SKUs.

Overseas Business Breakthrough: Enter the international market through the special purpose vehicle (SPV) business, establish a digital cross-border supply chain platform, integrate global regional supply chain resources, build a worldwide SPV distribution network within three years, and replicate the company’s proven domestic digital supply chain model abroad.

Founded in 2010 by Dr. Zhang Houqi, former Global Vice President of Lenovo Group, Autozi has built a full-industry-chain ecosystem spanning auto parts supply, vehicle supply, and insurance services over 15 years of industry immersion. The company serves more than 100,000 repair shops, records annual GMV exceeding RMB 10 billion, and has accumulated deep industrial expertise and digital capabilities. Following the release of its three-year strategy, Autozi has received positive feedback from industry partners and strategic investors. Dr. Zhang’s share purchase plan serves as a strong personal endorsement of the company’s strategic direction.

Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s proposed offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Global Labor Market Conference Concludes Third Edition with 90 Agreements Benefitting Over 6 Million People

RIYADH, Saudi Arabia, Jan. 28, 2026 /PRNewswire/ — The Global Labor Market Conference (GLMC) 2026 concluded today at the King Abdul Aziz International Conference Center in Riyadh, under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud. The event saw high-level international participation, with over 10,000 attendees, including 40 labor ministers and more than 200 international speakers and experts representing over 100 countries.

Ministerial Roundtable, GLMC
Ministerial Roundtable, GLMC

 

The third edition of GLMC, held under the theme “Future in Progress and organized by the Ministry of Human Resources and Social Development (HRSD), witnessed the signing of 90 strategic agreements and memoranda of understanding (MOUs) between government entities and the private sector. These initiatives aim to support the labor market and are expected to benefit more than 6 million people within and beyond the Kingdom.

The agreements and MOUs focused on four key areas: developing skills and leadership capabilities, advancing digital transformation and AI adoption, expanding flexible and freelance employment opportunities, and strengthening sector-specific partnerships that align training with labor market needs and support sustainable economic growth.

His Excellency Dr. Abdullah bin Nasser Abuthnein, Vice Minister of Human Resources and Social Development for Labor, delivered the closing remarksof GLMC 2026, marking the end of two days of discussions focused on practical solutions to current and future labor market challenges. He emphasized that GLMC is designed to be a continuous platform for collaboration throughout the year, with partnerships and knowledge exchange extending beyond the conference days. The discussions are part of an ongoing cycle of engagement sustained through continuous cooperation.

As part of its research and analytical agenda, GLMC released two reports in collaboration with the World Bank: “What Works for Work: A Guidebook to Proven and Promising Employment Solutions,” developed with the Ministry of Human Resources and Social Development to support policymakers in designing effective labor market programs amid rapid economic and technological change, and “A Decade of Progress,” which provides a comprehensive review of Saudi Arabia’s labor market transformation over the past ten years, documenting key achievements under Vision 2030 and the Labor Market Strategy, as well as the structural reforms that have enhanced efficiency and inclusivity.

The conference kicked off with a high-level ministerial Roundtable, chaired by His Excellency Eng. Ahmed bin Sulaiman Al-Rajhi, Minister of Human Resources and Social Development, and attended by 40 labor ministers and the Director-General of the International Labor Organization (ILO). The ministers agreed on six decisive measures to shape the future of work.

GLMC also celebrated the graduation of the first cohort of the Labor Market Academy, comprising 36 graduates from 34 countries, and launched the second cohort with participants from 31 countries, including 19 countries participating for the first time and 12 returning from the 2025 edition.

The success of the third edition of GLMC highlights Saudi Arabia’s growing role in shaping the future of work globally through innovation, partnerships, and workforce empowerment. The conference also marks the beginning of a new phase focused on policy development and readiness for future labor market transformations.

Investment Opportunity to Advance InfinityWEC Wave Power Technology

Ocean Harvesting Technologies AB is carrying out a 1 MEUR share issue for the period 2026 – 2027. The financing is for development and prototype testing of the InfinityWEC wave energy converter, within two on-going EU funded collaboration projects.

GOTHENBURG, Sweden and KARLSKRONA, Sweden, Jan. 28, 2026 /PRNewswire/ — Transition from fossil to renewable energy is critical, driven by climate change and rapidly growing demand for electricity. Solar and wind power lead the transition but much more is needed given the scale of the required transition. As the share of renewable electricity grows, energy systems also require costly over-capacity and energy storage to ensure that energy supply is always available when needed.

Wave power is an enormous, untapped source of clean energy and its complementary power profile can mitigate these problems and improve grid balance, producing electricity more consistently and at different times than wind and solar.

 “We welcome new investors and partners as we work to transform ocean energy into cost-efficient, grid-stable electricity,” says Mikael Sidenmark, CEO of Ocean Harvesting Technologies AB.

“In 2026-2027, we will prove the exceptional performance and commercial potential of our InfinityWEC wave energy converter. Focus is on the full-scale system, build and validation of prototypes of power-take off and buoy, as well as preparations for sea trials and business development”

Investors are invited to invest 1 MEUR in Ocean Harvesting. The capital raised will be used mainly for personnel, external engineering, prototype equipment, and IP management.

Why Invest Now

  • The need to move away from fossil energy is more critical than ever, driven by climate change and rapidly growing demand for electricity.
  • InfinityWEC is very competitive compared to other WECs as well as to established renewable solutions such as wind power. The technology is patent protected.
  • The leveraging from participation in EU-funded INFINITY and WECHull+ projects. Advancing and validating InfinityWEC Technology in collaboration with partners will pave the way towards sea trials and commercialisation with limited capital requirement.
  • Public and private Investment in marine energy is increasing. Europe is leading the industry, combining industry expertise with strong wave resources. EU financing is available to advance European energy transition, energy security, and manufacturing industries.

For more information, please contact:

CEO Mikael Sidenmark, mikael.sidenmark@oceanharvesting.com, +46 709 55 61 66

COO Cody Bradway, cody.bradway@oceanharvesting.com, +46 709 31 70 05

www.oceanharvesting.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ocean-harvesting-technologies/r/investment-opportunity-to-advance-infinitywec-wave-power-technology,c4285018

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State Grid Jinchang Power Supply Company: UAV “Intelligent Eagle Eye” Safeguards Power Grid Safety

JINCHANG, China, Jan. 28, 2026 /PRNewswire/ — On January 25, State Grid Jinchang Power Supply Company adopted drone autonomous inspection technology to conduct special patrols on backbone power lines crossing railways, highways and key corridors. It built a digital inspection system with the “Intelligent Eagle Eye” system, solving power grid operation and maintenance challenges under extreme weather and complex terrain, and safeguarding power supply security.

Focused on technological empowerment, the patrol innovatively adopted a closed-loop model of “3D modeling prediction + intelligent precision inspection”. Based on the 3D point cloud model of lines to plan routes, drones equipped with infrared thermal imaging lenses and “Intelligent Eagle Eye” took off automatically, hovering to shoot key parts like towers and insulator strings, and uploading high-definition images in real time. They efficiently detected hidden hazards such as pin defects and micro-cracks, greatly improving inspection efficiency and defect recognition rate while reducing the risk of manual high-altitude operations.

So far, the company has completed refined drone patrols in 15 key cross-over sections, accurately identifying potential hazards. It will further deepen drone technology application, improve the “human-machine collaboration” model, strengthen power grid operation capabilities through technological innovation, and ensure stable winter power supply.

 

 

State Grid Jinchang Power Supply Company Safeguards Characteristic Agriculture and Empowers Rural Revitalization

JINCHANG, China, Jan. 28, 2026 /PRNewswire/ — On January 26, State Grid Jinchang Power Supply Company carried out special safe electricity inspection and publicity activities at the modern agricultural demonstration park in Xinhua Village, Ningyuanbao Town, Jinchang City. It boosted rural revitalization with reliable power guarantee and injected impetus into the income increase of characteristic agriculture.

As a key rural revitalization project, the park is built by a cooperative led by the village Party branch. Relying on over 100 solar greenhouses and steel-framed arch sheds, it has established a large-scale pollution-free fruit and vegetable planting system, with pepino melon as the core income-increasing variety.

Currently in the critical period of pepino melon expansion and coloring, electrical equipment in greenhouses runs at high load. The staff inspected potential hazards of circuits, switches and thermostats, rectified problems on site, popularized safe electricity knowledge, and strengthened the safety line. The company regularly provides electricity services for characteristic agriculture, optimizes rural power grid, and supports the high-quality development of the pepino melon industry. This year, the park is expected to produce 1,500 tons of fruits and vegetables, with sales exceeding 7.5 million yuan, and pepino melon contributes significantly.

A47 Secures USD 2 Million Funding to Build AI-Native News Platform

News platform uses advanced technology to verify, personalize, and adapt news to user preferences

DUBAI, UAE, Jan. 28, 2026 /PRNewswire/ — A47 today announced that it has raised USD 2 million in pre-seed funding to accelerate the development of an AI-native news platform designed to fundamentally change how people discover, understand, and trust information.

 

UAE-based startup A47 has raised USD $2 million in pre-seed funding to build a verification-first, AI-native news platform, with Shehab Gargash joining as Chairman and Co-Founder

At a time when audiences are increasingly overwhelmed by fragmented feeds, misinformation, and algorithm-driven noise, A47 is building a comprehensive, AI-enabled news source that prioritizes clarity, accuracy, and relevance over engagement loops. The platform is designed to deliver structured, fact-checked, continuously updated intelligence across business, geopolitics, technology, finance, sports, and culture—giving users a reliable signal in an increasingly noisy information environment.

Users will be able to tailor topics, depth, formats, and alerts, allowing the platform to adapt to how individuals actually consume information, whether they want real-time updates, deep context, quick summaries, or comparative perspectives.

At its core, A47 combines autonomous AI agents, real-time data ingestion, multi-model orchestration, and embedded verification systems to continuously source, analyze, validate, and present information. Built-in fact-checking, source triangulation, and transparency layers are designed to strengthen trust while dramatically reducing the time and cognitive load required to stay informed.

Live & Active Pilots

The platform is already live with the region’s largest Fintech Association; MENA Fintech, with a fully automated backend enabling consistent output and operational reliability.

How A47 News Works

Discover: A47 monitors social platforms every 30 minutes to identify trending stories.
Verify: A47 confirms each story using major trusted outlets and a curated whitelist, holding back on stories it cannot validate.
Enrich: A47 generates a Verified Foundation Brief containing key facts, timelines, background, and source links.
Create: Users choose format, specifications, and story style. A47 suggests 3–5 angles, builds a storyboard, and produces multi-format content (text, image, video, audio).
Control: A human approves before publishing.

A47 News is built not only to automate its own storytelling, but also to support digital publishers and independent creators who want to publish more frequently without sacrificing editorial quality, voice, or source integrity.

Shehab Gargash, Chairman & Co-Founder of A47, said: “This company is being built as a long-term media infrastructure company with the ambition to help shape how verified information is delivered. A47 News aims to work within the noble profession of journalism by leveraging the immense power of technology to improve integrity, efficiency, and trust.”

Ali Rizvi, CEO & Co-Founder of A47 News, added: “We want to be the news infrastructure layer that publishers and creators can trust. We don’t replace editorial judgment. We help teams move faster with verified facts and content that stays on brand.”

A47 confirmed that the USD 2 million round includes institutional and angel investors, and that Shehab Gargash has joined as Chairman of the Board. Funding will support product development and expansion across the Middle East and international markets.

Availability

A47 News is available to pilot customers in the UAE. To request access, contact: Ali Rizvi, ali@a47.ae.

 

The Shaw Prize Adds Computer Science in Landmark Expansion

HONG KONG, Jan. 28, 2026 /PRNewswire/ — The Shaw Prize Foundation announced its first major expansion in over two decades: the establishment of The Shaw Prize in Computer Science, a new prize category to honour pioneering breakthroughs in this transformative field that is reshaping the modern world.


The Shaw Prize Foundation announced on 28 January the establishment of a new prize category in Computer Science: https://youtu.be/8NWUlZxKsjg

Founded in 2002 by Hong Kong media mogul the late Mr Run Run Shaw, and first awarded in 2004, The Shaw Prize has honoured over 110 exceptional individuals in Astronomy, Life Science and Medicine, and Mathematical Sciences. With Computer Science now rapidly transforming every domain of our lives and scientific inquiry, the Foundation introduces this fourth prize to celebrate the field’s foundational advances and their far-reaching impact on humanity.

The announcement came during a press conference on Wednesday, 28 January 2026, at the Hong Kong Convention and Exhibition Centre, drawing over 100 guests from academia, media, and other sectors.

Dr Raymond Chan, Chair of The Shaw Prize Foundation, opened by highlighting technology’s dramatic reshaping of life and The Prize’s enduring commitment to recognising excellence. “Computer Science is bursting with bold questions that push human thinking to new limits,” he said, calling the addition a natural extension of Mr Shaw’s vision.

Professor Kenneth Young, Chair of The Shaw Prize Council and Vice Chair of The Board of Adjudicators, emphasised that the new prize will operate in parallel with the three existing categories, following the same governance, selection guidelines, and monetary award of USD 1.2 million.

Professor Tony Chan, who chaired The Planning Committee for The Shaw Prize in Computer Science, expressed deep honour in leading the initiative, which involved convening top global experts to define the new prize’s broad scope and guiding principles. He now serves as a Member of The Selection Committee.

Inaugural Chair of The Selection Committee, Professor Jennifer Chayes, Dean of the College of Computing, Data Science, and Society at the University of California, Berkeley, underscored Computer Science as a profound intellectual discipline, much like other basic sciences honoured by the Prize. This core scientific nature aligns seamlessly with the Prize’s vision of honouring fundamental advances that benefit humankind. She urged invited field leaders to nominate candidates when nominations open from September to November 2026. The inaugural laureate(s) will be announced in spring 2027, alongside laureates of the other three prize categories.

Four speakers (from left to right): Professor Jennifer Chayes, Professor Kenneth Young, Dr Raymond Chan, and Professor Tony Chan
Four speakers (from left to right): Professor Jennifer Chayes, Professor Kenneth Young, Dr Raymond Chan, and Professor Tony Chan