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Major global health grant awarded to Oktopi to accelerate equitable medicine development capability worldwide.

MELBOURNE, Australia, Jan. 12, 2026 /PRNewswire/ — Oktopi has been awarded a significant grant from the Gates Foundation to advance global access to high-quality medicine development expertise, with a particular focus on supporting innovators in low- and middle-income countries (LMICs).

This funding will enable Oktopi to build and expand its AI-informed knowledge and workflow engine, bringing best-practice to the critical decisions in developing medicines.  The engine integrates expert-derived taxonomies, evidence expectations, and decision pathways to increase efficiency and the probability of success. The grant supports the delivery of medicine development tools that give biopharma access to stronger rigor and improved decision traceability across diverse R&D environments.

By combining structured knowledge, human-guided AI, and a global community of collaborators, Oktopi aims to help teams, regardless of geography or resourcing, work with clarity, consistency, and confidence. The foundation’s support accelerates efforts to make high-quality development capability more accessible across the global health ecosystem.

Dr Craig Rayner AM
CEO 
“Medicine development is entering a structural and epistemological reset. The grant from the Gates Foundation catalyses our work to democratise development capability. It enables global health R&D teams to help define the next-generation operating model. One that delivers better decisions, faster translation, and real patient impact.”

Michelle Rayner
COO
“This grant accelerates our ability to convert knowledge into tools that reduce friction, strengthen decision consistency, and support teams working under real constraints. Partnering with global health innovators ensures what we build is grounded, usable, and immediately impactful.”

Mark Sullivan AO
Chairman
“Successfully navigating the complexity of pharmaceutical development has been dependent on having the right expertise at the table at the right time. Oktopi is founded on best practice in pharmaceutical development and is democratizing access to communities where access has been impossible to achieve. This support strengthens the foundations of equitable access to these skills delivering for patients everywhere.”

About Oktopi

Oktopi is an AI-informed knowledge and workflow engine designed to strengthen decision quality, transparency, and efficiency across the medicine development lifecycle. The platform integrates expert-built taxonomies, logic, and human-guided AI workflows with a growing global community of contributors.

Oktopi helps teams and governance bodies work with greater clarity and consistency, supporting developers of all sizes, including those in LMICs, to operate at globally recognized best practice standards.

www.oktopi.com

Xi’an Kicks Off 2026 Chang’an Lantern Festival with Epic Light Spectacles to Spring

XI’AN, China, Jan. 12, 2026 /PRNewswire/ — Recently, the opening lighting ceremony of the 2026 Chang’an Lantern Festival, themed “Thousands of Lanterns Shining on Chang’an and Welcoming Spring with Horses,” was grandly held in historic city of Xi’an, China.

Xi’an Kicks Off 2026 Chang'an Lantern Festival with Epic Light Spectacles to Spring.
Xi’an Kicks Off 2026 Chang’an Lantern Festival with Epic Light Spectacles to Spring.

The Festival, which used to open for Spring Festival and has been brought forward this year, blends the city’s millennium-old cultural heritage with modern spectacular lighting to unfold a splendid 96-day lantern showcase spanning the three festivals of New Year, Spring Festival, and Lantern Festival, recreating the Tang Dynasty spectacle of “a night aglow with blooming nights, a city alight with fire trees and silver flowers.”

This year’s Chang’an Lantern Festival features two main venues: Da Tang Furong Garden (Tang Paradise) and Xi’an City Wall, presented through intertwined land-and-water narratives.

Centered on three core themes — “Revitalized National Treasures,” “Poetic Charm of Chang’an,” and “Galloping Zodiac Horse” — the festival in Xi’an City Wall venue weaves cultural relics, poetry, and zodiac tradition into a dazzling tapestry. Over 50 national treasures from leading museums have been digitally and artisanaly reimagined, stepping out of exhibit halls and onto the ancient wall. During the Spring Festival, the “Hundred Alleys, Thousand Poems” market will be held at Yongning Gate, fully showcasing Xi’an’s cultural charm as the “Capital of Tang Poetry,” where verses transcend time and space.

The festival in Da Tang Furong Garden continues until April 6. It features 39 of Tang poetry-themed lantern groups that transform more than 300 classic poems into immersive, walk-through light-and-shadow scrolls. Over 30 intangible cultural heritage crafts, such as Suzhou embroidery, bamboo weaving, and traditional opera facial makeup, are ingeniously integrated into the lantern designs. By day, global visitors can enjoy hands-on traditional Chinese games like pitch-pot (touhu) and fifteen-pin bowling, plus live performances of classic operas. At night, travelers can experience spectacular water-based fire-pot displays, laser light shows, fountain performances, and interactive shows.

Over the past two years, the Chang’an Lantern Festival has crossed mountains and seas to become part of joint cultural events with the five Central Asian countries (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan). It has also traveled abroad to share the unique Chinese-style romance in the United States, Singapore, and Malaysia.

BBSB International Limited announces its subscription results; Recorded approximately 10,745 times of over-subscription for its Public Offer


HONG KONG SAR – Media OutReach Newswire – 12 January 2026 – BBSB International Limited (“BBSB” or the “Company”, together with its subsidiaries, the “Group”, stock code: 8610.HK), an established civil engineering contractor in Malaysia, is pleased to announce the subscription results for its shares under the Public Offer and Placing. The Shares under the Public Offer have been over-subscribed by approximately 10,745 times. The offer price per Share has been set at HK$0.6 per Share. Dealings in shares of BBSB on the GEM of The Stock Exchange of Hong Kong Limited (“SEHK”) is expected to commence on 13 January 2025 (Tuesday).

A total of 125,000,000 shares are offered under the Share Offer, of which 90%, or 112,500,000 shares are offered by way of Placing; while the remaining 10%, or 12,500,000 Shares are offered under the Public Offer. Based on the final offer price of HK$0.6 per Share, the net proceeds from the Share Offer to be received by the Company (after deducting underwriting fees and commissions and estimated expenses payable by the Company in connection with the Share Offer) are estimated to be approximately HK$50.0 million.

The Group intends to use these net proceeds for the following purposes: 1) approximately 65.2% to strengthen its financial position to pay for the upfront costs of its potential projects; 2) approximately 19.8% for expansion of workforce to support growth across all regions; 3) approximately 5.0% to upgrade and digitise the Group’s information systems and internal processes; and 4) approximately 10.0% for general working capital.

Lego Corporate Finance Limited is the Sole Sponsor. Lego Securities Limited is the Sole Overall Coordinator. Lego Securities Limited and Fortune Origin Securities Limited are the Joint Bookrunners and Joint Lead Managers.

Datuk Tan, Chairman of the Board and Executive Director of the Group, said, “We believe that the result of the Share Offer has affirmed market’s recognition of the Group’s business and confidence in our future prospects. We are honoured that investors have shown great support to the Group. Listing on GEM of SEHK enables the Group to further strengthen our industry position, enhance our brand recognition and capture market opportunities. We strive to compete for more upcoming large-scale transportation infrastructure engineering projects and flood mitigation projects.”

Hashtag: #BBSB

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

About BBSB International Limited

BBSB International Limited is a civil engineering contractor in Malaysia with over 16 years of experience, specialising in providing bridge engineering services for large-scale transportation infrastructure engineering projects owned or initiated by the government or government-linked companies in Malaysia. The Group has strategically expanded its civil engineering works to include flood mitigation works. The Group has participated in a number of notable transportation infrastructure engineering projects in Malaysia, such as Eastern Dispersal Link, Duta-Ulu Kelang Expressway, Damansara-Shah Alam Elevated Expressway and the SUKE Highway. The Group currently holds a CIDB Grade G7 qualification in Category CE (Civil Engineering Construction), Category B (Building Construction) and Category ME (Mechanical and Electrical) in Malaysia, which is the highest grade of contractor licence under the Construction Industry Development Board of Malaysia, allowing it to undertake civil and structural works of unlimited tender/contract value.

XTransfer Debuts at the CES in Vegas

Accelerating Expansion into the U.S. Market to Empower Cross-Border Payments in China–U.S. Trade

LAS VEGAS, Jan. 12, 2026 /PRNewswire/ — XTransfer, the world’s leading B2B cross-border trade payment platform, made its debut as an exhibitor at the Consumer Electronics Show (CES 2026) in Las Vegas. This appearance marks XTransfer’s acceleration into the North and South American markets and its commitment to providing Chinese and U.S. foreign trade enterprises with secure, compliant, and efficient cross-border payment solutions, facilitating smoother global trade fund flows.

XTransfer participates in CES in the U.S. for the first time. The team at “CES 2026 Asia Night”.
XTransfer participates in CES in the U.S. for the first time. The team at “CES 2026 Asia Night”.

As the world’s largest and most influential trade show for electronics and technology, CES brings together technology companies, innovators, and industry professionals from around the globe and serves as a key platform to showcase cutting-edge technologies and business solutions. At CES 2026, XTransfer will comprehensively present its innovation capabilities and core strengths in B2B cross-border trade payments to global buyers, sellers, and partners, further enhancing its brand influence in the North American and global markets.

In recent years, China–U.S. trade has remained active with extensive participation from numerous SMEs in foreign trade. However, cross-border collections and payments can be cumbersome, costly, and carry significant compliance risks. Some enterprises are even forced to use non-compliant channels, creating pronounced risks to fund security. Leveraging the CES 2026 opportunity, XTransfer will focus on China–U.S. trade scenarios and provide a one-stop cross-border payment solution that helps enterprises reduce remittance and FX costs, improve cash turnover efficiency, and ensure end-to-end compliance and security in transactions.

On compliance and localisation, XTransfer continues to advance its systematic layout in the U.S. market and has established partnerships with multiple mainstream U.S. banks, enabling it to provide cross-border collection, settlement, and compliance support to customers nationwide. The company continues to strengthen its compliance credentials and has recently made progress on its U.S. licensing applications, having obtained money transmitter licenses from regulators in Alabama and North Dakota. As of November 2025, XTransfer has secured authorisation to conduct business in 25 U.S. states (of which 24 states have granted the relevant money transmission licenses; Montana does not require such a license), laying a solid foundation for long-term, compliant services to U.S. and global trade companies.

Through the XTransfer platform, enterprises engaged in China–U.S. trade can complete the entire process online, from account opening, collections and payments, and foreign exchange to withdrawal, without frequent bank visits. When both buyer and seller use XTransfer accounts, funds can be received quickly on a 24/7 basis in a secure and compliant manner, effectively avoiding fund hold-ups and significantly improving cash flow efficiency. Meanwhile, XTransfer can substantially reduce remittance and FX costs, genuinely easing burdens and boosting efficiency for MSMEs.

In addition to exhibiting at CES 2026, XTransfer is also a major partner supporting CES 2026 Asia Night. With strong support from the event organiser, the Consumer Technology Association (CTA), a former U.S. Ambassador to China, and the Nevada state government, the event gathered over 400 representatives from leading Chinese exhibitors, top-going-global brands and ecosystem partners, provincial and municipal commercial offices in the U.S., global industry and investment institutions, and technology leaders. XTransfer aims to leverage this platform to further promote industrial matchmaking and economic and trade cooperation between China, the U.S., and Asian enterprises.

XTransfer’s U.S. business lead commented at CES: “Participating in CES 2026 is not only a crucial step in our internationalisation strategy but also a key milestone in deeply cultivating the U.S. market and serving global trade enterprises. Going forward, XTransfer will continue to leverage its technological strengths and global compliance footprint to connect more international financial institutions and provide safer, more convenient, and lower-cost cross-border payment services for Chinese, U.S., and global foreign trade enterprises, further improving the facilitation of global trade.”

– End –

About XTransfer

XTransfer, world-leading B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licenses in Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 800,000 enterprise clients worldwide.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For more information, please visit: https://www.xtransfer.com

** XTransfer’s relevant money transmission and payment services in the United States are conducted under state licences and comply with federal BSA/AML and OFAC requirements. Service availability, fees, and settlement times vary depending on customer type, transaction corridor, state, banking channels, and compliance review; money transmission services are not offered or advertised in all states. For the latest licence list and status, please refer to the most recent disclosures on the XTransfer official website. This press release does not constitute an offer of services or a ‘licensed/available’ statement in any unlicensed jurisdiction.

Racing across frozen rivers, uniting youth worldwide: a glimpse into HIT’s inaugural ice dragon boat race with Oxford and Cambridge


HARBIN, CHINA – Media OutReach Newswire – 12 January 2026 – On 10 January, the inaugural “HIT-Cambridge-Oxford Cup” Ice Dragon Boat International Friendship Race was held in Harbin, China’s “Ice City”. Fourteen teams participated, representing University of Oxford, University of Cambridge, Harbin Institute of Technology (HIT), other C9 League universities, as well as institutions from Hong Kong and Macao, competing in this exhilarating event.

The opening ceremony of "HIT-Cambridge-Oxford Cup" Ice Dragon Boat International Friendship Race
The opening ceremony of “HIT-Cambridge-Oxford Cup” Ice Dragon Boat International Friendship Race

“This is incredible!” said Edward Townsend, a Cambridge student, his cheeks rosy from the cold wind and his eyes gleaming with excitement after an intense ice dragon boat race. “In the UK, the lowest temperature is around -5°C, but here it’s over -20°C. At first, we had no idea about ice dragon boating, but it’s more than just physical; it’s a test of teamwork. We’ve rowed on the River Cam, but this is our first time racing dragon boats on ice in China.”

“The biggest challenge is the technique difference. Ice dragon boating tests your core and upper body, while water rowing is more about the legs,” said Daniel Foran from Oxford. “But this challenge brought us closer as a team, and the HIT coaches were incredibly supportive, showing us how to use our strength effectively.”

"HIT-Cambridge-Oxford Cup" Ice Dragon Boat International Friendship Race
“HIT-Cambridge-Oxford Cup” Ice Dragon Boat International Friendship Race

“Ice dragon boating has really shown me how sports can bring the world closer, making distance feel almost irrelevant,” said Na Boshi, a student at HIT who is competing in his third ice dragon boat race. “In the past, the event was mainly an opportunity to connect with students and faculty from other C9 universities in China. This year, however, it felt even more exciting, as we welcomed teams from Oxford, Cambridge, and universities in Hong Kong and Macao. HIT’s athletic programmes are becoming increasingly international, creating an incredible platform for cultural exchange and mutual learning.”

“In Chinese culture, the dragon boat symbolises unity, progress, and excellence, values that resonate with the British ideals of courage, courtesy, and responsibility,” said Chen Jie, HIT Party Secretary. “Although China and the UK are at opposite ends of the Eurasian continent, this event bridges Oxford and Cambridge’s century-old rowing tradition with HIT’s engineering legacy and fosters cultural understanding between our youth.”

Beyond the competition, the cultural exchange was equally vibrant. Participants had the chance to visit Harbin Ice-Snow World, feed Siberian tigers up close, taste traditional Northeast Chinese cuisine, and explore the century-old Chinese Baroque district. These immersive experiences gave the foreign students a new and deeper understanding of China.

As a leading engineering university in China, HIT’s hosting of the event was more than a sports competition; it was an effort to explore new pathways for opening up higher education in today’s complex international landscape.

Hashtag: #HIT

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

LambdaTest Rebrands to TestMu AI, the World’s First Agentic Quality Engineering Platform for Fully Autonomous Testing

Introducing Vibe Testing for the Age of Infinite Code: As Agentic AI transforms software development, TestMu AI introduces autonomous agents to ensure quality keeps pace with infinite code, powering 1.5+ billion tests annually across 18,000+ enterprises.

SAN FRANCISCO and NOIDA, India, Jan. 12, 2026 /PRNewswire/ — LambdaTest, the AI-native, agentic quality engineering platform, today announced its rebrand to TestMu AI, marking a bold step forward in its evolution from a cloud testing platform to the world’s first full-stack Agentic AI Quality Engineering platform.

The leadership team behind TestMu AI (formerly LambdaTest), marking the next chapter in Agentic AI Quality Engineering.
The leadership team behind TestMu AI (formerly LambdaTest), marking the next chapter in Agentic AI Quality Engineering.

The transformation addresses a critical inflection point in software development: as AI generates code at unprecedented rates, traditional testing creates a bottleneck. Quality Engineering teams need intelligent systems that can reason about change, observe failures, and adapt continuously.

As TestMu AI, the organization is expanding its platform to support the next generation of software builders, including ‘vibe coders.’ Their AI agents allow developers to ‘vibe test‘ and move at the speed of thought, and ensure that vibe-coded apps are not only of high quality but are also reliable when they come in front of customers.

This shift reflects the company’s average 110% year-on-year growth over the last 2 years. To date, the platform has executed billions of tests for 18,000+ enterprise customers, including Microsoft, OpenAI, NVIDIA, Vimeo, Dunlem across 90+ countries.

Founded in 2018, LambdaTest rapidly became one of the most trusted names in cloud-based test orchestration and execution. They built a scalable, high-performance test cloud that removed flakiness, improved developer feedback loops, and drastically accelerated release velocity.

In 2022, the company began a deep transformation, moving deep into agentic AI across its products and workflows to empower autonomous, intelligent quality engineering at scale. Today, TestMu AI’s AI-Agentic unified platform powers end-to-end quality engineering for over 2.8 million developers and testers worldwide, helping teams ship faster and build with confidence.

“AI is fundamentally changing how software is built and shipped,” said Asad Khan, CEO and Co-Founder of TestMu AI (Formerly LambdaTest). “Development cycles that once took weeks now take hours. But speed without quality is chaos. We recognized that testing needed to evolve from brittle, high-maintenance automations to intelligent context-driven agents that understand change and act on it autonomously. We have evolved from an execution cloud into an active, intelligent partner in the software testing lifecycle. With billions of tests running on our platform, we are now delivering experiences where human ingenuity and machine intelligence combine to make quality engineering effortlessly powerful.”

TestMu AI has rearchitected its platform to be AI-native, deploying autonomous AI Agents to plan, author, execute, and analyze software quality with minimal manual intervention. The platform now delivers:

  • Autonomous AI Agents for Testing: Plan, author, and evolve end-to-end tests using company-wide context or simple natural language prompts. Users can now test every layer of the database, API, UI, performance, and more.
  • Agentic AI Test Cloud: A scalable and unified test execution cloud to run any type of test at any scale, including visual regression, accessibility, API, and performance testing, web and mobile, to custom enterprise environments.

The name ‘TestMu’ was adopted directly from its community. Since 2022, the TestMu Conference has served as the industry’s primary forum for advancements in AI and quality engineering.

By adopting this name, the company is signaling that the community is the core of the organization, infusing the spirit of that open, collaborative conference into the platform itself.

“Our community recognized the spirit of TestMu long before this announcement,” Khan added. “TestMu represents a thriving community, a shared craft, and the future of quality engineering.”

The company was recently recognized in the 2025 Gartner® Magic Quadrant™ for AI-Augmented Software Testing Tools report and in The Forrester Wave™: Autonomous Testing Platforms 2025 report.

“Our journey has mirrored the evolution of software testing itself,” said Mudit Singh, Co-Founder and Head of Marketing, TestMu AI. “We began by building the ‘Perfect Cloud for the Cloud Era,’ solving pain points related to scalable infrastructure, and helped start the industry’s one of the earliest conversations around AI in testing through the TestMu Conference. Today, we are entering a new phase, where agentic AI enables autonomous, end-to-end quality engineering. TestMu AI represents this shift: a forward-looking identity built for an AI-native future, while staying deeply rooted in our ecosystem, our community, and our relentless commitment to quality.”

Looking ahead, TestMu AI’s roadmap includes fully autonomous AI agents, agent-to-agent testing, evaluation of AI systems by AI agents, and deep integration with codebases and developer workflows, positioning quality engineering as a continuously learning, self-governing layer of modern software development.

For more information, visit: https://www.testmu.ai

About TestMu AI

TestMu AI (Formerly LambdaTest) is a Full-Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality. AI-native by design, the platform enables testing of web, mobile, and enterprise applications at any scale across real devices, real browsers, and custom real-world environments.

 

 

Uniper and AM Green sign long-term offtake agreement for up to 500,000 tons per year of renewable ammonia from India

  • Uniper CEO Michael Lewis: “One of the first large-scale supply corridors between India and Europe”
  • AM Green Founder Anil Kumar Chalamalasetty: “A milestone for India’s role in the global energy transition”

DÜSSELDORF, Germany and HYDERABAD, India, Jan. 12, 2026 /PRNewswire/ — Uniper Global Commodities SE (“Uniper”) and AM Green Ammonia India Private Limited (“AM Green Ammonia”) today announced the signing of a long-term binding offtake agreement for renewable ammonia certified as a Renewable Fuel of Non-Biological Origin (RFNBO). The agreement, the first of its kind for an Indian company, was exchanged between Mr. Michael Lewis, Commander of the Order of the British Empire (CBE) and CEO of Uniper, and Mr. Anil Kumar Chalamalasetty, Founder & Group Chairman of AM Green, in the presence of His Excellency German Chancellor Friedrich Merz and Honourable Indian Prime Minister Shri Narendra Modi today at Ahmedabad.

Under the agreement, Uniper will offtake up to 500,000 tons per year from AM Green’s green ammonia projects. First shipment is expected to happen as early as 2028 from AM Green Ammonia’s first 1MTPA under construction plant in Kakinada, Andhra Pradesh. The contract is an important milestone in India’s quest of becoming a leading exporter of green hydrogen and green ammonia to the world and is aligned with India’s Honourable Prime Minister’s vision of National Hydrogen Mission.

For Uniper, the agreement represents a significant step forward in developing a diversified portfolio of renewable and low-carbon molecules for European customers. As a feedstock and a potential hydrogen carrier, renewable ammonia will help decarbonize industrial sectors such as chemicals, fertilizers, refining, and, over time, shipping. Uniper and AM Green Ammonia will continue working with certification bodies to ensure traceability and high integrity reporting for European end-users.

Anil Kumar Chalamalasetty, Founder, Greenko Group and AM Green, said: “This partnership is a milestone for India’s role in the global energy transition. AM Green’s renewable ammonia is designed to meet stringent European RFNBO compliance standards. This is achieved through our unique firm and dispatchable clean electricity solutions. It is enabling multiple downstream sectors including ammonia, aluminium, chemicals, and other energy-intensive industries lower their emissions significantly for India and now for the World.”

Michael Lewis, CBE, CEO of Uniper, said: “This agreement with AM Green Ammonia is a key building block in our strategy to provide our customers with reliable access to renewable and low carbon molecules at scale. Green ammonia stands out as one of the most promising solutions to decarbonise CO2-intensive production of chemicals, fertilizers and, through green hydrogen, also in refining. Importantly, it offers among the lowest CO2 avoidance costs compared to other renewable and low carbon molecules – thanks to its mature production process and the absence of carbon feedstock requirements. With clear, stable and credible rules – and with procurement and demand-side measures such as clear quotas for renewable molecules that reward verified CO2-abatement performance – we can accelerate the decarbonization while safeguarding competitiveness. We are proud to help establish one of the first large-scale supply corridors between India and Europe.”

Mahesh Kolli, Co-Founder, Greenko Group and AM Green, said: “I am happy to share that our partnership with Uniper reaffirms our offering of the lowest possible carbon footprint hydrogen/ammonia delivered at the right price point for large scale adoption for decarbonising global energy systems. This outcome reflects the focused collaboration and disciplined execution of our teams, strengthened by the strategic partnership of our investors, Gentari, GIC, ADIA — together creating an integrated ecosystem capable of delivering green ammonia at a global scale with speed and reliability.”

John Roper, CEO Middle East, Uniper Global Commodities, commented: “I am delighted and immensely proud that we have reached this landmark agreement. It stands as a testament to the dedication and perseverance of our teams, whose collaborative spirit, innovative thinking, and shared vision have turned our ambition into reality. Together, we have paved the way for a sustainable future and demonstrated what can be accomplished through genuine partnership. Moreover, this landmark agreement shows that by aligning supply, certification and demand-side incentives, we can bring competitive, renewable molecules to European industry at scale – delivering real emission reductions.”

About AM Green Ammonia Portfolio Projects

AM Green Ammonia is a partnership among AM Green, Gentari, GIC and Abu Dhabi Investment Authority (ADIA). AM Green is developing a portfolio of green ammonia plants across Kakinada, Tuticorin and Kandla. The first Plant of this portfolio of 1 MTPA capacity is under construction in Kakinada, Andhra Pradesh which achieved critical milestone of Final Investment Decision (FID) in 2024. AM Green Ammonia has already started construction on its green ammonia plant, making it one of select few large-scale RFNBO compliant green ammonia plants in construction globally. The plant has already achieved significant progress including site works, award of all major contracts, key approvals, and is scheduled to start supply of green ammonia in 2028. The development is supported by a network of renowned partners including Casale, Air Liquide, Rely – a JV between Technip Energies and John Cockerill, Toyo, Gentari, NTPC Renewables and many others. The project helps secure more than 600 local jobs and is expected to avoid around 2 million tonnes of CO2 emissions annually once fully operational.

About AM Green

AM Green, a dedicated platform of the Greenko Group, is focused on producing renewable hydrogen and converting it into renewable ammonia at scale. AM Green has created a unique architecture for generating renewable energy: a pumped storage power plant supports the base load supply of renewable electricity from 2.3 GW of combined wind and solar capacity, using advanced European electrolyser and ammonia synthesis technology. Backed by global investors and technology partners, AM Green recently took a final investment decision to develop a world-scale facility in Kakinada, with a production capacity of up to 1 million tons renewable ammonia per year.

About Uniper

Düsseldorf-based Uniper is a European energy company with global reach and operations in more than 40 countries. It has about 7,500 employees and plays a key role in ensuring a secure energy supply in Europe, particularly in its core markets of Germany, the United Kingdom, Sweden, and the Netherlands. Uniper’s 14 gigawatts of flexible power generating capacity make it a mainstay of reliable power production. Uniper is a leading gas trader and one of Northwestern Europe’s most important LNG importers, and its broad procurement portfolio enhances supply security. Uniper’s investments in renewables, hydrogen, and other low-carbon energy carriers propel the transformation of the energy system.

Uniper provides energy and services to about 1,000 municipalities and industrial companies in its home market, Germany. Uniper is also Germany’s largest operator of gas storage facilities and hydropower plants.

This press release may contain forward-looking statements based on current assumptions and forecasts made by Uniper SE management and other information currently available to Uniper. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.

 

XCMG gets off to a flying start in 2026 with multiple deliveries to international markets

XUZHOU, China, Jan. 12, 2026 /PRNewswire/ — XCMG Machinery (SHE: 000425) is starting 2026 on a high note with multiple batch deliveries of a wide range of products to customers both at home and abroad. The bulk shipments have embarked on their journey to Europe, North America, South Asia, the Middle East, South America and more to support global construction endeavors and low-carbon infrastructure development.

XCMG gets off to a flying start in 2026 with multiple deliveries to international markets
XCMG gets off to a flying start in 2026 with multiple deliveries to international markets

On January 1, with the world’s first crane XCA4000 proudly leading the way, nearly 30 steel giants assembled for deployment with a total value nearly CNY200 million (USD28.66 million).

XCMG Machinery has sent off hundreds of medium- and large-tonnage excavators and loaders to mining sites in China and overseas, heralding a new year of global expansion with a total order value exceeding one billion yuan, providing strong equipment support for global mining development:

  • The intelligent mining fleet featuring 190 units of XE215C and 7 units of XE335G crawler excavators, 2 units of XE150WD wheeled excavators and more will perform precise tasks of stripping, excavation, loading, and leveling at mining sites in Myanmar.
  • The green loading fleet that brings together the world’s largest-tonnage pure-electric loader XC9150-EV, the world’s highest load capacity hybrid loader in its class XC9260XE, and the best-selling pure-electric loader XC9108-EV. The XC9260XE features a high-voltage electric drive system, which improves transmission efficiency by over 20% compared to traditional hydraulic systems, reduces fuel consumption by more than 20%, and cuts carbon emissions by over 200 tons per unit annually.

In the meantime, dozens of XCMG aerial work platforms have departed on January 7 to global markets, featuring the XGS50K high-reach boom lift, XGA16ACK, XGA20ACK, and XGA22ACK electric articulated boom products, 8-16-meter series scissor lifts, as well as the XT2506E and XT5017K telehandlers, fully meeting the demands of various construction scenarios worldwide.

XCMG Sanitation heralded a promising start with the dispatch of over 20 units of 20-cubic-meter rear-loading compactors to Africa. The model’s fully sealed design effectively eliminates secondary pollution during waste transfers; the user-friendly operation and high efficiency make them the ideal vehicle for densely populated areas. With core advantages of large capacity, high compression ratio, and robust, reliable superstructure design, XCMG’s waste compaction vehicle series has now successfully entered 22 countries.

Meanwhile, XCMG has secured an order for over 300 electric forklifts from the European market, with the first batch of 60 KP series new energy forklifts successfully shipped. For Southeast Asia, a hundred-plus forklifts and over ten customized electric port machines have also partially shipped the first batch.

Through the “Product + Service + Solution” model, XCMG delivers lifecycle support via a smart service system, backed by a global supply chain network and regional spare parts centers. XCMG is committed to offering customers worldwide high-efficiency, reliable, and green integrated equipment solutions, empowering them to minimize operating costs and maximize value creation.