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Melco’s “House of Dancing Water” team is honored with Medal of Merit – Tourism by Macao Government for tourism contributions


MACAO SAR – Media OutReach Newswire – 31 January 2026 – Melco Resorts & Entertainment is proud to announce that the team of its flagship entertainment spectacle “House of Dancing Water” has been honored with the Medal of Merit – Tourism at the 2025 Decorations, Medals and Certificates of Merit Awards Ceremony of the Macao SAR, in recognition of its significant contribution to the promotion and development of the local tourism sector. Acknowledging individuals and organizations for their outstanding contributions and distinguished service to the region, this year’s ceremony took place on Friday, January 30, at Macao Cultural Centre.

Mr. Lawrence Ho, Chairman and CEO of Melco, received the Medal of Merit – Tourism on behalf of the “House of Dancing Water” team
Mr. Lawrence Ho, Chairman and CEO of Melco, received the Medal of Merit – Tourism on behalf of the “House of Dancing Water” team

Since its debut in 2010, “House of Dancing Water” has established itself as Macau’s most iconic, once-in-a-lifetime aquatic spectacle and one of the world’s largest water-based shows. Since returning in May 2025, it has been reimagined with enhanced visual effects and state-of-the-art stage technology. Featuring a cast and crew of nearly 300 professionals from over 30 countries and staged in a purpose-built theatre, the production unites international artistic talent while helping to nurture local technical capabilities in the performing arts. To date, the show has attracted millions of international visitors, successfully showcasing Macau on the world stage, thus becoming a proud cultural tourism icon and a must-see spectacle that underscores the advancement of Macau’s diversified cultural tourism.

Receiving the honors on behalf of the “House of Dancing Water” team, Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, said, “We are profoundly honored and extend our deepest gratitude to the Macao SAR Government for bestowing this prestigious Medal of Merit – Tourism upon the ‘House of Dancing Water’ team. This distinction represents a momentous recognition of our steadfast commitment to enriching Macau’s entertainment landscape and promoting the sustainable, long-term development of its tourism industry. The achievement belongs to the extraordinary cast and crew behind ‘House of Dancing Water’ whose unparalleled artistry, dedication and passion have brought this production to life and sustained its global acclaim. Their collective brilliance remains the very soul of this work.

“Melco remains deeply invested in Macau’s future, striving to elevate its allure on the global stage and championing its growth as a World Centre of Tourism and Leisure.”

Hashtag: #melco #houseofdancingwater #cityofdreamsmacau





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

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the Nasdaq Global Select Market (Nasdaq: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates City of Dreams () and Altira Macau (), integrated resorts located in Cotai and Taipa, Macau, respectively. Its business also includes the Mocha Clubs (), the only non-casino based operation of electronic gaming machines in Macau. In addition, the Company operates Studio City (), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, the Company operates and manages City of Dreams Manila (), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company operates City of Dreams Mediterranean, an integrated resort in Limassol, in the Republic of Cyprus () and licensed satellite casinos in other cities in Cyprus (the “Cyprus Casinos”). In South Asia, the Company operates the casino and manages the Nüwa hotel at City of Dreams Sri Lanka (), an integrated resort in Colombo, Sri Lanka. For more information about the Company, please visit.

The Company is majority owned by Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is in turn majority owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

CGI appoints Gopal Chhetri to lead its Global Capability Centers business

BANGALORE, India, Jan. 31, 2026 /PRNewswire/ — CGI (TSX: GIB.A) (NYSE: GIB), one of the world’s largest independent IT and business consulting services firms, has appointed Gopal Chhetri, Senior Vice-President, Asia Pacific Global Delivery Centers of Excellence, to lead CGI’s Global Capability Centers (GCCs) business. Gopal will lead CGI’s AI-first GCC strategy, helping scale delivery and transformation capabilities for clients and strengthening India’s role in CGI’s global delivery ecosystem.

As GCCs move beyond scale to become strategic engines for innovation, modernization, and resilience, CGI is strengthening its capabilities to help clients embed GCCs at the core of their enterprise agenda, aligned to strategic priorities and accountable for measurable business outcomes.

“CGI supports hundreds of leading global enterprises from its Asia Pacific Global Delivery Centers of Excellence. With over 25 years of industry experience, Gopal’s appointment strengthens our ability to help our clients move from process efficiency to measurable business outcomes, including improved customer experience and business performance,” said Rakesh Aerath, President, CGI Asia Pacific Global Delivery Centers of Excellence.

Gopal’s appointment reinforces CGI’s focus on client proximity and its commitment to enabling clients to set up, scale, and transform their GCCs, leveraging its global delivery model and decades of experience to create sustained value from their investments.

“I’m honored to take on this role at a time when GCCs are redefining their purpose and value for the enterprise. Today, clients are evolving from execution to orchestration and want GCCs that can modernize platforms, use AI responsibly, and create lasting enterprise value. We look forward to helping clients evolve their GCCs into strategic hubs that support their global operations,” said Gopal Chhetri.

As the GCC leader, Gopal will focus on expanding CGI’s GCC business, and scaling capabilities across digital engineering, cloud, and AI, as well as talent development, leadership pipelines, collaboration and market-ready delivery blueprints.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is CA$15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

Dreame Unveils Next-Gen Wet Dry Vacuum innovations at Stanford, Ushering in a New Era of Intelligent Cleaning

SAN FRANCISCO, Jan. 31, 2026 /PRNewswire/ — Dreame Technology, a global leader in high-end consumer electronics and intelligent manufacturing, hosted its Silicon Valley global innovation launch event, “The Age of Dreame Intelligence,” at Stanford University. The event brought together global investors, media, channel partners, and consumers to showcase the latest technological breakthroughs across its wet dry vacuum portfolio, reinforcing Dreame’s leadership in the global high-end cleaning appliance market.

Main KV
Main KV

This event follows Dreame’s impactful presence at CES 2026, where the Dreame wet dry vacuum captured the attention of global tech media and industry experts through its multiple smart cleaning innovations. NBA legend and the youngest MVP in history, Derrick Rose, visited the booth to experience the products firsthand, offering high praise for their cleaning performance and user-centric design. This Stanford launch represents a strategic expansion of Dreame’s technical roadmap and long-term vision following the momentum of CES.

Advancing AI-Driven Robotic Intelligence in Floor Care

During the launch event, Dreame showcased its latest flagship wet dry vacuum — the Dreame H16 Pro Steam. It is the world’s first floor cleaner integrating a dual-AI robotic arm and dual-heat cleaning system, designed for ultimate cleaning and deep sterilization. Its Dual-Arm Robotic AI DescendReach removes 100% of stubborn solid mess and reaches triple-edge areas with gap-free precision. Additionally, its 392°F SaunaClean™ steam wash function delivers chemical-free sterilization, while 194℉ ThermoRinse™ Hot Water Mopping function dissolves grease with 28,000Pa suction. Meanwhile, the specially designed GravityEase™ Power Assist System makes floor cleaning smoother and lighter than ever.

The T70 Ultra Station also made its debut at the event, pushing the boundaries of embodied AI and robotic arm technology. Featuring the pioneering EdgeHunter™ Mopping System and WhaleSweep™ AI Robotic Arm, it ushers in a new era of precision cleaning in hard-to-reach areas while effectively removing large debris with tri-edge, streak-free performance. Additionally, it is equipped with a 5.5L Auto Refill Tank, enabling up to 7 days of operation without manual refilling, and significantly reducing maintenance effort for a truly low-maintenance cleaning experience.

Innovation Leadership with a Commitment to Social Impact

For years, Dreame has remained committed to driving innovation in wet dry vacuum technology. As of 2025, the company has filed over 1,300 global patent applications in the wet dry vacuum category, with more than 600 patents granted. Its core products have consistently earned recognition at major international events such as CES, IFA, and AWE, maintaining market leadership in nearly 20 countries and regions worldwide.

Dreame Wet Dry Vacuum Charity Donation
Dreame Wet Dry Vacuum Charity Donation

During the event, Dreame also announced a donation of its flagship wet dry vacuums to the Healthier Kids Foundation, a Silicon Valley-based nonprofit organization. These products will be featured in a charity auction, with all proceeds supporting the foundation’s mission to create healthier living environments for children throughout Silicon Valley.

“The Age of Dreame Intelligence is more than just a theme. It represents Dreame’s long-term vision for the future of intelligent cleaning. Moving forward, Dreame will continue to scale its investment in core technologies and its global R&D network, driving the evolution of smart cleaning products toward a more efficient and intelligent future,” said Vicky Xu, Product Director of Dreame Wet Dry Vacuum.

About Dreame Technology

Established in 2017, Dreame Technology is a global leader in high-end consumer electronics and intelligent manufacturing with the vision to empower lives through technology. Follow us on Facebook, Instagram, TikTok and Twitter. For more information, please visit https://www.dreametech.com/.

 

Tuya Smart Powers the Next Wave of AI Toys at Spielwarenmesse 2026

NUREMBERG, Germany, Jan. 31, 2026 /PRNewswire/ — Tuya Smart (NYSE: TUYA, HKEX: 2391), a global AI cloud platform service provider, showcased a series of groundbreaking AI products at Spielwarenmesse 2026 in Nuremberg from January 27 to 31. At the event, Tuya also unveiled the secret behind the next generation of AI toys that are set to become the next big hit.


Nebula Plush AI Toy

The most impressive feature of the Nebula Plush AI Toy is its real-time LED facial expression feedback based on user emotions. When you’re happy or sad, it can respond through changes in its eyes. It not only supports smooth conversation but also features carefully designed tactile feedback, responding to hugs and touches vividly. Combined with storytelling, news broadcasting, and interactive games, it becomes a true AI companion with long-term memory and emotional companionship capabilities.


Walulu

Walulu precisely addresses the demand for personalized companionship. Its AI core can detect up to 19 distinct emotional responses and supports over 60 languages. Moreover, it integrates seamlessly with major AI large language models, including ChatGPT, Gemini, DeepSeek, Qwen, and Doubao. Users can choose or cultivate a range of personality traits—such as cheerful, quiet, curious, or considerate—to build a personalized, dynamic pet community.


AI Learning Camera

The AI Learning Camera skillfully blends AI vision with education. Its object recognition feature not only identifies objects but also links them to cultural and educational content. For example, when capturing foreign languages, the camera can provide real-time pronunciation and translation. Additionally, its built-in AI filters and image transformation features can turn children’s doodles into stunning digital artwork, igniting creativity. Through multimodal AI conversations, it can also become a fun, exploratory companion for children as they discover the world.


In addition, Tuya showcased AI robotic dogs with motion mimicry and emotional interaction capabilities, responding to voice commands and performing a variety of realistic actions. There was also the AI Clock, offering customizable theme scenes and alarm settings that turn every wake-up into a ceremonial experience. These innovative AI products represent the expanding boundaries of intelligent companionship. They demonstrate that the next generation of AI toys is moving beyond single-function toys to offer deeper emotional resonance, more personalized interactive experiences, and seamless integration with real-world scenarios.

Tuya AI Toy Solution: The Foundation Behind Hot-Selling Products

Developing truly intelligent AI toys is no easy task. From hardware design and AI model training to multilingual support and content safety, every step presents a unique challenge. To empower developers, brands, and retailers to create the next generation of AI toys, Tuya Smart introduced its comprehensive AI toy solution at the Spielwarenmesse 2026. The solution spans the entire process—from concept design and hardware/software development to AI personality creation and market launch—dramatically reducing the development and application barriers for AI toys.

Transform Toys to AI Companions

Using Tuya’s AI Agent Development Platform, customers can design the personality, memory logic, and behavioral patterns of their toys without having to train underlying models or build complex infrastructure. The platform seamlessly integrates with leading AI models, enabling multi-turn conversations, emotional feedback, and scenario-based memory, effectively transforming static toys into intelligent, responsive companions that can connect more deeply with users.

Flexible AI Toy Development Tailored to Every Client

Tuya offers several development pathways to meet the various needs of brand owners and retailers. Clients can choose from ready-to-market OEM solutions, integrate AI capabilities into existing products through Tuya’s AI Modules and AI Boxes while maintaining their original design, or opt for deep customization to craft unique AI toys based on brand IP and cultural stories. Whether it’s plush toys, robots, educational tools, or wearable tech, Tuya’s AI toy solutions offer the most appropriate options.

Responsible Companionship Designed for Families in the AI Era

Data privacy and content security are critical when it comes to children. Tuya’s AI toy solutions are equipped with a parental management app, enabling parents to monitor conversation histories, receive AI-generated behavior summaries, and gain growth insights. Parents can also manage interaction content and screen time, ensuring a responsible and secure AI companionship experience for families.

Enabling Client Success Through Efficient AI Toy Deployment

In the wave of AI toy innovation, Tuya provides developers, brand owners, and retailers with a faster, more cost-effective, and secure path to market. With Tuya’s robust AI platform and module support, customers can bypass the complexity of building AI from scratch, reducing the development cycle from concept to mass production by more than 60%. The time to market can be as short as 15 days, enabling a fast track for launching new products.


Cost-wise, Tuya’s integrated AI platform minimizes repetitive development and integration costs, leading to a 30% to 50% reduction in overall R&D and implementation expenses. On the security and compliance front, the platform is pre-configured with security frameworks that adhere to global standards like GDPR and CCPA, supporting hardware encryption, data localization, and parental controls to help products enter global markets swiftly.

Additionally, Tuya’s AIoT infrastructure spans over 200 countries and regions, offering real-time language support in more than 60 languages and robust cloud management capabilities, enabling efficient global deployment and operations.

As AI continues to evolve, the true value of toys lies not just in their “intelligence” but in how they foster emotional connections and support growth. At the Spielwarenmesse 2026, Tuya’s showcase was more than just a presentation—it was a deeper conversation about the future of AI and emotional companionship. Looking ahead, Tuya will continue to partner with global innovators to explore the future of AI toys, creating truly warm companions for the next generation.

Tuya Smart Powers the Next Wave of AI Toys at Spielwarenmesse 2026

NUREMBERG, Germany, Jan. 31, 2026 /PRNewswire/ — Tuya Smart (NYSE: TUYA, HKEX: 2391), a global AI cloud platform service provider, showcased a series of groundbreaking AI products at Spielwarenmesse 2026 in Nuremberg from January 27 to 31. At the event, Tuya also unveiled the secret behind the next generation of AI toys that are set to become the next big hit.


Nebula Plush AI Toy

The most impressive feature of the Nebula Plush AI Toy is its real-time LED facial expression feedback based on user emotions. When you’re happy or sad, it can respond through changes in its eyes. It not only supports smooth conversation but also features carefully designed tactile feedback, responding to hugs and touches vividly. Combined with storytelling, news broadcasting, and interactive games, it becomes a true AI companion with long-term memory and emotional companionship capabilities.


Walulu

Walulu precisely addresses the demand for personalized companionship. Its AI core can detect up to 19 distinct emotional responses and supports over 60 languages. Moreover, it integrates seamlessly with major AI large language models, including ChatGPT, Gemini, DeepSeek, Qwen, and Doubao. Users can choose or cultivate a range of personality traits—such as cheerful, quiet, curious, or considerate—to build a personalized, dynamic pet community.


AI Learning Camera

The AI Learning Camera skillfully blends AI vision with education. Its object recognition feature not only identifies objects but also links them to cultural and educational content. For example, when capturing foreign languages, the camera can provide real-time pronunciation and translation. Additionally, its built-in AI filters and image transformation features can turn children’s doodles into stunning digital artwork, igniting creativity. Through multimodal AI conversations, it can also become a fun, exploratory companion for children as they discover the world.


In addition, Tuya showcased AI robotic dogs with motion mimicry and emotional interaction capabilities, responding to voice commands and performing a variety of realistic actions. There was also the AI Clock, offering customizable theme scenes and alarm settings that turn every wake-up into a ceremonial experience. These innovative AI products represent the expanding boundaries of intelligent companionship. They demonstrate that the next generation of AI toys is moving beyond single-function toys to offer deeper emotional resonance, more personalized interactive experiences, and seamless integration with real-world scenarios.

Tuya AI Toy Solution: The Foundation Behind Hot-Selling Products

Developing truly intelligent AI toys is no easy task. From hardware design and AI model training to multilingual support and content safety, every step presents a unique challenge. To empower developers, brands, and retailers to create the next generation of AI toys, Tuya Smart introduced its comprehensive AI toy solution at the Spielwarenmesse 2026. The solution spans the entire process—from concept design and hardware/software development to AI personality creation and market launch—dramatically reducing the development and application barriers for AI toys.

Transform Toys to AI Companions

Using Tuya’s AI Agent Development Platform, customers can design the personality, memory logic, and behavioral patterns of their toys without having to train underlying models or build complex infrastructure. The platform seamlessly integrates with leading AI models, enabling multi-turn conversations, emotional feedback, and scenario-based memory, effectively transforming static toys into intelligent, responsive companions that can connect more deeply with users.

Flexible AI Toy Development Tailored to Every Client

Tuya offers several development pathways to meet the various needs of brand owners and retailers. Clients can choose from ready-to-market OEM solutions, integrate AI capabilities into existing products through Tuya’s AI Modules and AI Boxes while maintaining their original design, or opt for deep customization to craft unique AI toys based on brand IP and cultural stories. Whether it’s plush toys, robots, educational tools, or wearable tech, Tuya’s AI toy solutions offer the most appropriate options.

Responsible Companionship Designed for Families in the AI Era

Data privacy and content security are critical when it comes to children. Tuya’s AI toy solutions are equipped with a parental management app, enabling parents to monitor conversation histories, receive AI-generated behavior summaries, and gain growth insights. Parents can also manage interaction content and screen time, ensuring a responsible and secure AI companionship experience for families.

Enabling Client Success Through Efficient AI Toy Deployment

In the wave of AI toy innovation, Tuya provides developers, brand owners, and retailers with a faster, more cost-effective, and secure path to market. With Tuya’s robust AI platform and module support, customers can bypass the complexity of building AI from scratch, reducing the development cycle from concept to mass production by more than 60%. The time to market can be as short as 15 days, enabling a fast track for launching new products.


Cost-wise, Tuya’s integrated AI platform minimizes repetitive development and integration costs, leading to a 30% to 50% reduction in overall R&D and implementation expenses. On the security and compliance front, the platform is pre-configured with security frameworks that adhere to global standards like GDPR and CCPA, supporting hardware encryption, data localization, and parental controls to help products enter global markets swiftly.

Additionally, Tuya’s AIoT infrastructure spans over 200 countries and regions, offering real-time language support in more than 60 languages and robust cloud management capabilities, enabling efficient global deployment and operations.

As AI continues to evolve, the true value of toys lies not just in their “intelligence” but in how they foster emotional connections and support growth. At the Spielwarenmesse 2026, Tuya’s showcase was more than just a presentation—it was a deeper conversation about the future of AI and emotional companionship. Looking ahead, Tuya will continue to partner with global innovators to explore the future of AI toys, creating truly warm companions for the next generation.

Origin Agritech Announces Fiscal Year 2025 Results

Announces Filing of Annual Report on Form 20-F for Fiscal Year 2025

BEIJING, Jan. 31, 2026 /PRNewswire/ — Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), a leading Chinese agricultural technology company, today announced financial results for the year ended September 30, 2025.

Business Accomplishments and Highlights for the Year Ended September 30, 2025:

Partnerships & Industry Engagement:

  • In January 2025, Origin announced a three-way partnership with China Agricultural University (the world’s top-ranked institution in agricultural science) and the Beijing Academy of Agricultural and Forestry Sciences, establishing a comprehensive R&D initiative focused on corn “smart plant type” improvement and innovative variety development
  • The Company signed cooperation agreements with 12 prominent agricultural companies at the Sanya International Seed Industry Scientist Conference
  • Origin launched the “Golden Harvest Club,” a strategic alliance aimed at strengthening relationships within its distribution ecosystem

Product Portfolio & Regulatory Approvals:

  • The Company launched four new corn varieties at its August 2025 Industry Summit: Jingke 317, Jinqiao 8, Xundan 203, and Aoyu 728
  • Jinqiao 8 received approval for introduction in five provinces (Anhui, Jiangsu, Shandong, Henan, and Hubei)
  • Jingke 317 and Aoyu 728 received National Trial approval
  • Xundan 203 received approval in Henan Province

Distribution Network Expansion:

  • In August 2025, Origin hosted its Achievements Exhibition and Seed Industry Innovation Summit in Zhengzhou, attracting over 700 distributor partners from across China and more than 30 industry experts
  • Distributors actively participated in the new product launch and ordering process, demonstrating strong market interest in Origin’s product pipeline

Production & Processing Capabilities:

  • On August 21, 2025, Origin’s Xinjiang production facility commenced full-scale seed processing operations for the 2025 season
  • The facility operates a fully automated processing line integrating cleaning, drying, threshing, precision sorting, coating, and packaging operations
  • Advanced seed coating technology and real-time monitoring systems ensure optimal seed quality and viability

Research & Development Infrastructure:

  • The Company established four provincial and ministerial R&D platforms with research bases in Beijing, Hainan, and Henan
  • Origin accumulated over 200,000 corn germplasm resources
  • The Company received authorization for multiple gene editing traits, including leaf angle, plant height, and rust resistance

Fiscal Year 2025 Financial Results:

For the fiscal year ended September 30, 2025, revenue was RMB 91.3 million (US$12.8 million), compared to RMB 113.4 million (US$16.2 million) for the fiscal year ended September 30, 2024. The decrease in revenues was primarily attributed to equipment upgrades and modernization at the Xinjiang factory, which led to a reduction and halt in external seed production services, as well as a decrease in sales of non-proprietary varieties.

Total operating expenses for the fiscal year ended September 30, 2025, were RMB 64.2 million (US$9.0 million), compared to operating expenses of RMB 52.7 million (US$7.5 million) in fiscal year 2024.

  • Selling and marketing expenses for fiscal year 2025 were RMB 7.0 million (US$1.0 million), compared to RMB 6.3 million (US$0.9 million) in fiscal year 2024.
  • General and administrative expenses for the fiscal year ended September 30, 2025, were RMB 40.2 million (US$5.7 million), compared to RMB 36.0 million (US$5.1 million) year-over-year.
  • Research and development expenses were RMB 13.0 million (US$1.8 million) in fiscal year 2025, compared to RMB 10.1 million (US$1.4 million) in fiscal year 2024.

Net loss from continuing operations for the fiscal year ended September 30, 2025, was RMB 58.0 million (US$8.2 million), compared with net income from continuing operations of RMB 18.7 million (US$2.7 million) in fiscal year 2024.

Net loss attributable to Origin for the fiscal year ended September 30, 2025 was RMB 53.3 million (US$7.5 million), compared to the net income of RMB 20.7 million (US$3.0 million) for the fiscal year ended September 30, 2024.

Liquidity

As of September 30, 2025, we had approximately RMB 15.9 million (US$2.2 million) in cash and cash equivalents, compared to RMB 8.4 million (US$1.2 million) as of September 30, 2024. Total borrowings as of September 30, 2025, were RMB 8.0 million (US$1.1 million), compared to RMB 4.95 million (US$0.7 million) as of September 30, 2024.

Net cash used in operating activities was RMB 22.9 million (US$3.2 million) during fiscal year 2025, compared with net cash used in operating activities of RMB 15.0 million (US$2.1 million) for the fiscal year ended September 30, 2024.

Net cash used in investing activities was RMB 13.7 million (US$1.9 million) for the fiscal year ended September 30, 2025, compared with net cash used in investing activities of RMB 5.0 million (US$0.7 million) for the fiscal year ended September 30, 2024.

Net cash provided by financing activities was RMB 44.3 million (US$6.2 million) for the fiscal year ended September 30, 2025, compared with net cash provided by financing activities of RMB 4.5 million (US$0.6 million) for the fiscal year ended September 30, 2024.

Management Commentary

Mr. Weibin Yan, CEO of Origin Agritech, commented, “Fiscal year 2025 has been a year of recovery for Origin Agritech. We have fully restored our team, research capabilities, seed production and processing facilities, and sales network infrastructure, and we are now ready to march forward under our renewed leadership. In November 2024, we announced our three-stage strategic plan: Recovery in 2025 and 2026, Stand-Up from 2027 to 2029, and a return to an industry-leading position from 2030 to 2032. In 2025, we fully put our senior leadership in place, expanded our sales team from 63 to 106, upgraded our Beijing and Sanya research stations, opened a new station in Zhengzhou, and began construction on our Guiyang facility, scheduled to open in Q1 2026. Our research pipeline is now stocked with the most competitive germplasms, in-house-developed AI supports our breeding programs, and we are accelerating the commercialization of GMOs and gene editing through our strategic alliance with China Golden-mark Biotech. With our Xinjiang facility restored to industry-leading standards, a new sales force in Northeast China, and Beijing Origin obtaining its seed production and operation license in December 2025, we are confident that Origin Agritech is positioned to deliver significant value to our shareholders in the years ahead.”

Annual Report Now Available

The Company has filed its annual report on Form 20-F for the fiscal year ended September 30, 2025, with the Securities and Exchange Commission (“SEC”). The annual report on Form 20-F can be accessed on the SEC’s website at http://www.sec.gov and the Company’s investor relations website at https://originagritech.com/investor-relations/.

CONFERENCE CALL & AUDIO WEBCAST

Origin will host a conference call on Monday, February 2, at 8 a.m. ET with the investment community to discuss the Company’s financial results and provide a business update. The conference call will be led by Mr. Weibin Yan, Chief Executive Officer, and Mr. Patrick Cheng, Chief Financial Officer.

To access the call by phone, please call 1-800-245-3047 (United States) or 1-203-518-9765 (International) using the conference ID: ORIGIN.

To avoid delays, we encourage participants to dial into the conference call 15 minutes before the scheduled start time. The webcast can be accessed at the following link: https://viavid.webcasts.com/starthere.jsp?ei=1750839&tp_key=695fe18547.

About Origin Agritech Limited

Origin Agritech Limited, founded in 1997 and headquartered in Origin R&D Center, Songzhuang, Tongzhou in Beijing, is a leading Chinese agricultural technology company. In crop seed biotechnologies, Origin Agritech’s phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China’s Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline, including products with glyphosate tolerance and pest resistance (Bt) traits. For further information, please visit the Company’s website at www.originagritech.com. The Company also maintains an X account for updating investors on Company and industry developments which is https://x.com/origin_agritech.

For more information, please contact:
Origin Agritech Limited Contact:
Kate Lang (Mandarin/English)
Director of Investor Relations
Phone: +86 186-1839-3368
Email: bing.lang@originseed.com.cn

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

Origin Agritech Announces Fiscal Year 2025 Results

Announces Filing of Annual Report on Form 20-F for Fiscal Year 2025

BEIJING, Jan. 31, 2026 /PRNewswire/ — Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), a leading Chinese agricultural technology company, today announced financial results for the year ended September 30, 2025.

Business Accomplishments and Highlights for the Year Ended September 30, 2025:

Partnerships & Industry Engagement:

  • In January 2025, Origin announced a three-way partnership with China Agricultural University (the world’s top-ranked institution in agricultural science) and the Beijing Academy of Agricultural and Forestry Sciences, establishing a comprehensive R&D initiative focused on corn “smart plant type” improvement and innovative variety development
  • The Company signed cooperation agreements with 12 prominent agricultural companies at the Sanya International Seed Industry Scientist Conference
  • Origin launched the “Golden Harvest Club,” a strategic alliance aimed at strengthening relationships within its distribution ecosystem

Product Portfolio & Regulatory Approvals:

  • The Company launched four new corn varieties at its August 2025 Industry Summit: Jingke 317, Jinqiao 8, Xundan 203, and Aoyu 728
  • Jinqiao 8 received approval for introduction in five provinces (Anhui, Jiangsu, Shandong, Henan, and Hubei)
  • Jingke 317 and Aoyu 728 received National Trial approval
  • Xundan 203 received approval in Henan Province

Distribution Network Expansion:

  • In August 2025, Origin hosted its Achievements Exhibition and Seed Industry Innovation Summit in Zhengzhou, attracting over 700 distributor partners from across China and more than 30 industry experts
  • Distributors actively participated in the new product launch and ordering process, demonstrating strong market interest in Origin’s product pipeline

Production & Processing Capabilities:

  • On August 21, 2025, Origin’s Xinjiang production facility commenced full-scale seed processing operations for the 2025 season
  • The facility operates a fully automated processing line integrating cleaning, drying, threshing, precision sorting, coating, and packaging operations
  • Advanced seed coating technology and real-time monitoring systems ensure optimal seed quality and viability

Research & Development Infrastructure:

  • The Company established four provincial and ministerial R&D platforms with research bases in Beijing, Hainan, and Henan
  • Origin accumulated over 200,000 corn germplasm resources
  • The Company received authorization for multiple gene editing traits, including leaf angle, plant height, and rust resistance

Fiscal Year 2025 Financial Results:

For the fiscal year ended September 30, 2025, revenue was RMB 91.3 million (US$12.8 million), compared to RMB 113.4 million (US$16.2 million) for the fiscal year ended September 30, 2024. The decrease in revenues was primarily attributed to equipment upgrades and modernization at the Xinjiang factory, which led to a reduction and halt in external seed production services, as well as a decrease in sales of non-proprietary varieties.

Total operating expenses for the fiscal year ended September 30, 2025, were RMB 64.2 million (US$9.0 million), compared to operating expenses of RMB 52.7 million (US$7.5 million) in fiscal year 2024.

  • Selling and marketing expenses for fiscal year 2025 were RMB 7.0 million (US$1.0 million), compared to RMB 6.3 million (US$0.9 million) in fiscal year 2024.
  • General and administrative expenses for the fiscal year ended September 30, 2025, were RMB 40.2 million (US$5.7 million), compared to RMB 36.0 million (US$5.1 million) year-over-year.
  • Research and development expenses were RMB 13.0 million (US$1.8 million) in fiscal year 2025, compared to RMB 10.1 million (US$1.4 million) in fiscal year 2024.

Net loss from continuing operations for the fiscal year ended September 30, 2025, was RMB 58.0 million (US$8.2 million), compared with net income from continuing operations of RMB 18.7 million (US$2.7 million) in fiscal year 2024.

Net loss attributable to Origin for the fiscal year ended September 30, 2025 was RMB 53.3 million (US$7.5 million), compared to the net income of RMB 20.7 million (US$3.0 million) for the fiscal year ended September 30, 2024.

Liquidity

As of September 30, 2025, we had approximately RMB 15.9 million (US$2.2 million) in cash and cash equivalents, compared to RMB 8.4 million (US$1.2 million) as of September 30, 2024. Total borrowings as of September 30, 2025, were RMB 8.0 million (US$1.1 million), compared to RMB 4.95 million (US$0.7 million) as of September 30, 2024.

Net cash used in operating activities was RMB 22.9 million (US$3.2 million) during fiscal year 2025, compared with net cash used in operating activities of RMB 15.0 million (US$2.1 million) for the fiscal year ended September 30, 2024.

Net cash used in investing activities was RMB 13.7 million (US$1.9 million) for the fiscal year ended September 30, 2025, compared with net cash used in investing activities of RMB 5.0 million (US$0.7 million) for the fiscal year ended September 30, 2024.

Net cash provided by financing activities was RMB 44.3 million (US$6.2 million) for the fiscal year ended September 30, 2025, compared with net cash provided by financing activities of RMB 4.5 million (US$0.6 million) for the fiscal year ended September 30, 2024.

Management Commentary

Mr. Weibin Yan, CEO of Origin Agritech, commented, “Fiscal year 2025 has been a year of recovery for Origin Agritech. We have fully restored our team, research capabilities, seed production and processing facilities, and sales network infrastructure, and we are now ready to march forward under our renewed leadership. In November 2024, we announced our three-stage strategic plan: Recovery in 2025 and 2026, Stand-Up from 2027 to 2029, and a return to an industry-leading position from 2030 to 2032. In 2025, we fully put our senior leadership in place, expanded our sales team from 63 to 106, upgraded our Beijing and Sanya research stations, opened a new station in Zhengzhou, and began construction on our Guiyang facility, scheduled to open in Q1 2026. Our research pipeline is now stocked with the most competitive germplasms, in-house-developed AI supports our breeding programs, and we are accelerating the commercialization of GMOs and gene editing through our strategic alliance with China Golden-mark Biotech. With our Xinjiang facility restored to industry-leading standards, a new sales force in Northeast China, and Beijing Origin obtaining its seed production and operation license in December 2025, we are confident that Origin Agritech is positioned to deliver significant value to our shareholders in the years ahead.”

Annual Report Now Available

The Company has filed its annual report on Form 20-F for the fiscal year ended September 30, 2025, with the Securities and Exchange Commission (“SEC”). The annual report on Form 20-F can be accessed on the SEC’s website at http://www.sec.gov and the Company’s investor relations website at https://originagritech.com/investor-relations/.

CONFERENCE CALL & AUDIO WEBCAST

Origin will host a conference call on Monday, February 2, at 8 a.m. ET with the investment community to discuss the Company’s financial results and provide a business update. The conference call will be led by Mr. Weibin Yan, Chief Executive Officer, and Mr. Patrick Cheng, Chief Financial Officer.

To access the call by phone, please call 1-800-245-3047 (United States) or 1-203-518-9765 (International) using the conference ID: ORIGIN.

To avoid delays, we encourage participants to dial into the conference call 15 minutes before the scheduled start time. The webcast can be accessed at the following link: https://viavid.webcasts.com/starthere.jsp?ei=1750839&tp_key=695fe18547.

About Origin Agritech Limited

Origin Agritech Limited, founded in 1997 and headquartered in Origin R&D Center, Songzhuang, Tongzhou in Beijing, is a leading Chinese agricultural technology company. In crop seed biotechnologies, Origin Agritech’s phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China’s Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline, including products with glyphosate tolerance and pest resistance (Bt) traits. For further information, please visit the Company’s website at www.originagritech.com. The Company also maintains an X account for updating investors on Company and industry developments which is https://x.com/origin_agritech.

For more information, please contact:
Origin Agritech Limited Contact:
Kate Lang (Mandarin/English)
Director of Investor Relations
Phone: +86 186-1839-3368
Email: bing.lang@originseed.com.cn

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

White Pearl Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering

NEW YORK, Jan. 31, 2026 /PRNewswire/ — White Pearl Acquisition Corp. (the “Company”), a blank check company incorporated as a British Virgin Islands business company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right. Each right entitles the holder to receive one-fifth (1/5) of one Class A ordinary share upon consummation of the Company’s initial business combination. The units are expected to trade on The New York Stock Exchange (“NYSE”) under the ticker symbol “WPACU” beginning on February 2, 2026. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to trade on NYSE under the symbols “WPAC” and “WPACR,” respectively.

D. Boral Capital LLC is acting as the sole book-running manager for the offering.

The Company has granted the underwriter a 45-day option to purchase up to 1,500,000 additional units at the initial public offering price less the underwriting discount to cover over-allotments, if any. The offering is expected to close on February 3, 2026, subject to customary closing conditions.

A registration statement on Form S-1 (File No. 333-290905) (the “Registration Statement”) relating to the securities to be sold in the initial public offering, as amended, was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 30, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from D. Boral Capital LLC, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 970-5150 or by email at info@dboralcapital.com. Copies of the registration statement can be accessed for free through the SEC’s website, www.sec.gov.

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

About White Pearl Acquisition Corp. 

White Pearl Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. White Pearl Acquisition Corp. intends to focus on businesses in the financial technology (FinTech), information technology (InfoTech) and business services sectors.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.