SEOUL, South Korea, Dec. 8, 2025 /PRNewswire/ — CTK(KOSDAQ: 260930), a global K-beauty original design manufacturer (ODM) for cosmetics, has begun operations at CTK OTC LABORATORIES (COL), its new dedicated over-the-counter (OTC) manufacturing facility in Corona, California.

Responding to rising demand for high-performance K-beauty in North America—the world’s largest cosmetics market—CTK acquired the facility in March 2025. COL includes a 40,000-square-feet manufacturing plant and a 30,000-square-feet logistics warehouse, with annual capacity exceeding 20 million units. This site is registered with the U.S. FDA for OTC production and is certified under international GMP standards.

With COL, CTK aims to strengthen its role not only as a manufacturer but as an full value-chain partner, supporting the entire product lifecycle—from product planning and production to regulatory affairs, logistics, and market launch.

For OTC cosmetics, ensuring safety and stability are as critical as in food or pharmaceuticals. To meet those standards, CTK has built a trusted competitive advantage with its stable formulations, a rigorous quality control system, and U.S.-based fulfillment centers.

The new plant is just a 15-minute drive from CTK’s fulfillment center, allowing same-day transfer, storage, and order processing once production is complete. CTK emphasized that this speed-focused value chain can shorten lead times, improve inventory management, and reduce distribution fees—giving clients products longer sales periods in the market.

Because OTC manufacturing relies heavily on regulatory compliance, CTK stated that it continuously reflects regulatory updates from major global markets in real time. This approach allows the company to ensure safety and compliance while enabling faster development and production of new formulas aligned with the latest K-beauty trends.

“COL’s greatest strength is that it gives us the infrastructure to bring K-beauty’s spirit of innovation directly into the U.S. market. Based on CTK headquarters’ differentiated product planning capabilities and R&D expertise, we can seamlessly connect on-site production with regulatory response and logistics execution,” a company official noted. They also added, “With a production system that supㅁports both large-scale manufacturing and flexible scaling, along with its strategic proximity to major U.S. retail channels, we can help our clients build more aggressive launch strategies. We will continue working to bring products to market faster, keep them in consumers’ hands longer, and deliver them with a more competitive cost structure.”

“In the OTC category, ingredient safety and regulatory compliance directly determine a product’s credibility. Through COL, we will uphold strict quality standards and transparent information disclosure to earn the trust of both the market and consumers,” Cheeho Choi, Head of CTK’s U.S. OTC Business stated. “By working closely with our R&D teams in Korea, we plan to build a versatile OTC portfolio that extends from skincare to functional color cosmetics, presenting new OTC formulations at least twice a year and responding rapidly to trends driven by North American consumers. COL will serve as the gateway to the U.S. West Coast market and establish itself as the global hub for K-beauty OTC products.”

Website : https://www.ctkcosmetics.com/ https://www.ctkotc.com/

Address :
1) CTK : 234, Hyoryeong-ro, Seocho-gu, Seoul, Republic of Korea
2) CTK OTC LABORATORIES: 1690 N Delilah St Corona, California 92879, USA

SINGAPORE, Dec. 8, 2025 /PRNewswire/ — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group” or the “Company”), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced that it has added a Chief Product Officer (CPO) role to its executive team and appointed Mr. Eli Yu, an experienced product and technology leader, to the position. The establishment of the CPO role reflects the Company’s commitment to accelerating product innovation and driving global growth and expansion.

Mr. Yu will oversee end-to-end product strategy, design, development, and lifecycle management, leading cross-functional teams to tighten alignment between market needs and product capabilities and elevate the Company’s ability to deliver differentiated, high-quality digital solutions to users and partners. The appointment also underscores the Company’s focus on operational excellence, scalability, and sustainable growth.

“With the rapid evolution of AI and technology, having a clear, unified product strategy is more important than ever,” said Mr. Mike Fu, CEO of YY Group. “Bringing Eli on board as our chief product officer marks a major milestone for our organization, allowing us to optimize product development and strengthen the foundations needed to support our next stage of growth. We are confident that Eli’s leadership and expertise will help us unlock new opportunities and deliver even greater value to our users and shareholders.”

“I’m honored to join YY Group at such an exciting point in its evolution,” said Mr. Yu. “There is tremendous potential to expand into new areas and create more value for those we serve. I look forward to working closely with the leadership team and our talented product organization to build the next generation of products that will shape the Company’s future.”

Mr. Yu brings a wealth of product leadership experience, spanning AI, software development, technology and renewable energy, with a track record of building scalable products, leading high-performing teams, and driving innovation in competitive markets. Most recently, he founded Evee, an AI-powered human resources service, and served as CEO of SpeedX AI, a global data labeling company. He was also a Product Manager for XCharge (Nasdaq: XCH), where he led its North American product strategy. Mr. Yu is an alumnus of New York University, the University of Washington and Tsinghua University, where he studied mathematics and applied physics.

About YY Group Holding Limited

YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.

Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.

Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.

For more information on the Company, please visit https://yygroupholding.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) the growth of the hospitality market, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com

A New Architecture That Outperforms Traditional CPU + GPU Systems by a Wide Margin

SANTA CLARA, Calif. and SEOUL, South Korea, Dec. 8, 2025 /PRNewswire/ — DEEPX, a leader in ultra-low-power on-device AI semiconductors, announced on the 8th the launch of a next-generation AI video analytics platform engineered to break the limits of GPU-centric designs. The solution, which combines DEEPX accelerators and Ampere CPUs, reflects a fundamentally new compute architecture—one that delivers far higher density, lower power consumption, and dramatically superior cost efficiency for large-scale Vision AI deployments.

The new system fuses DEEPX’s DX-H1 Quattro AI accelerator with Ampere’s high-efficiency CPUs, creating an optimized pipeline purpose-built for modern VMS requirements. As the global video management market shifts from storage-focused operations to real-time AI analytics, the industry is confronting the structural bottlenecks of GPU architectures: high heat, excessive power draw, and poor scalability. The DEEPX platform decisively eliminates these limitations, marking a clear departure from conventional GPU-only approaches.

AmpereOne® CPUs handle the rapid decoding of hundreds of high-resolution CCTV streams, while DEEPX’s DX-H1 Quattro is dedicated exclusively to high-density AI inference. This division of labor unlocks extraordinary throughput: a single server can analyze 200+ cameras simultaneously and sustain over 8,000 real-time AI inferences per second. With scalable performance beyond 400 TOPS, the platform is uniquely capable of powering mission-critical infrastructure such as smart cities, video surveillance logistics hubs, and industrial control systems.

The system’s power efficiency is equally disruptive. Whereas traditional CPU + GPU servers routinely exceed 1,200W to achieve similar workloads, the DEEPX platform maintains total system power between 400W and 750W, depending on configuration. This results in a step-change reduction in operational expenses for 24/7 monitoring centers—an increasingly urgent requirement as cities and enterprises scale AI deployments globally. The AmpereOne® architecture delivers exceptional decoding performance with minimal heat and exceptional density, enabling a single server to achieve what previously required entire racks of GPU hardware

Built to support the full spectrum of Vision AI workloads—including YOLO-based object detection, behavior analysis, CLIP-based semantic search, and real-time RTSP encoding—the solution offers unified analytics from edge deployments to hyperscale data centers. With compatibility across major server OEMs such as ASRock Rack, NEXT Computing, Gigabyte, System76, and Supermicro, and seamless integration with leading VMS platforms including Network Optix, ZoneMinder, or your own, customers’ deployment can begin immediately.

Lokwon Kim, CEO of DEEPX, stated, “The combination of the DX-H1 Quattro and AmpereOne® is redefining what’s possible in the global VMS industry. This is the platform that markets facing extreme cost and power pressures have been waiting for.” He added, “We intend to aggressively target multi-billion-dollar markets—including smart cities, video surveillance, transportation, and industrial automation.”

“Ampere processors are engineered to handle intensive analytics workloads and continuous data ingestion while maintaining exceptional power efficiency,” said Jeff Wittich, Chief Product Officer at Ampere. “That combination is crucial for customers deploying secure, reliable video infrastructure across everything from major enterprise deployments to edge-based systems.”

DEEPX plans to accelerate initial deployments across video surveillance, large-scale smart city programs, infrastructure monitoring for manufacturing and logistics, and real-time traffic and security control. Beginning in the first half of 2026, the company will introduce the platform to global enterprise customers through a series of international exhibitions, technical webinars, and roadshows.

From Remote Mining Camps to Global Disaster Relief Shelters, the China-Based Prefab Container House Manufacturer Takes Its Rapid-Deployment Housing Global

FOSHAN, China, Dec. 8, 2025 /PRNewswire/ — Guangdong WELLCAMP Steel Structure & Modular Housing Co., Ltd. exhibited full-size expandable camp house units, mountain house and integrated camp solutions at major trade shows across South America, Southeast Asia, and Middle East, generating a new trend for mining, oil & gas, new energy, plantation, disaster relieving, humanitarian & refugees, infrastructure development & plantation sites.

Visitors who attended the Canton Fair this year, or recent leading construction and mining exhibitions, might have witnessed WELLCAMP team presenting Mountain House modules engineered for installation in rugged terrain where conventional equipment is impractical.

That on-the-road narrative reflects WELLCAMP’s evolution: what began as a packed Chinese prefab house supplier to labor camps accommodation for Qatar’s Lusail City in 2014 has grown into a recognized provider for governments, energy companies and disaster-response organizations facing urgent accommodation needs.

From a One-Workshop Operation to Expanding Production Capacity

Ten years ago, WELLCAMP Founder, Siwen Chen was running a prefab house factory out of a 4,000m² production workshop next door to his office.

Today, company-reported milestones show WELLCAMP’s manufacturing footprint expanded through multiple facility projects and joint ventures to exceed 100,000 m² of combined production space. The company also reported significant year-over-year revenue growth of over 60% in 2024, citing increased demand including but not limited to mining camps in Australia, government project for Indonesia’s new capital, and refugee housing alone the GCC, Middle East & Africa Region.

Live Demonstrations Draw Buyers

At exhibition booths, the company’s live demonstrations have been a major draw:

• Folding Container Houses that a small crew can Rapidly deploy in minutes.
• Expandable Camp Houses that ship in a single container and unfold by hands to provide extensive usable space.
• Flat pack and detachable containers designed modular for stacking into multi-story dormitories and site offices or other temporary facilities.
• Mountain House modules engineered for installation in rugged terrain where conventional equipment is impractical for a decent house but not in the form of a container nor need of cement.

Buyers, whether Australian mine operators, French resort developers, or African infrastructure contractors, keep circling back to the same points: lower freight and logistics cost, minimal on-site labor, and structures engineered for demanding climate and geological conditions typical of remote project sites.

Real-World Résumé

Over the past decade WELLCAMP camp solutions have housed workers building Mitsubishi plants in the Caribbean, sheltered families after earthquakes in Japan (NHK did a segment on it) as well as provided disaster relief after floods in Brazil and hurricanes in the Bahamas, and served as backup medical facilities during the pandemic in Guangzhou, Paraguay, and Tanzania. This year alone the company delivered a 60,000 m² oil-field camp across Congo, Nigeria, and Zambia and is finishing an 86,400 m² military dormitory project in Indonesia.

What’s Next

A new 40,000 m² solely-owned factory comes active in 2025, and the company is already adding engineers who speak Spanish, French, and Bahasa Indonesia to work directly with overseas clients.

“Ten years in, we’re still the same team that believes speed and quality don’t have to fight each other,” said Siwen Chen, Founder and Owner of WELLCAMP. “Only difference is now we’re proving it everywhere from the desert to the mountains to downtown disaster zones.”

About WELLCAMP

Guangdong WELLCAMP Steel Structure & Modular Housing Co., Ltd. specializes in manufacturing Folding Container Houses, Expandable Camp Houses, Flat Pack Container Houses, Detachable Container Houses, and many more Integrated Modular Camp Solutions. With more than 20 years of experience, innovative proprietary technologies, and a global project footprint across 110+ countries, WELLCAMP delivers Fast, Reliable, and Efficient housing solutions for: Mining & Construction Camps, Oil & Gas Camp, Disaster Relief & Emergency Shelters, Military Accommodation, Resorts & Temporary Accommodation. WELLCAMP remains committed to Innovation, Cost-Efficiency and Customer-Centered modular solutions.

Media Contact
Website: https://www.prefab-house.com
Email: siwenchen@chinawellcamp.com

Kevin Cui, Executive Director and Chief Executive Officer of OSL Group, reflecting on the significance of compliance and the company’s future direction

HONG KONG, Dec. 8, 2025 /PRNewswire/ — This December marks a significant milestone: the fifth anniversary of OSL Group’s regulated operations.

Five years ago, when OSL became the first digital asset platform licensed by the SFC in Hong Kong, we established an industry standard through the core principle of “compliance.” Since then, we have navigated multiple market cycles and witnessed digital assets mature from the fringes of experimentation into the mainstream spotlight.

Today, five years on, OSL Group has evolved far beyond a traditional digital asset exchange to become Asia’s leading stablecoin trading and payment platform. This is not just a brand positioning for OSL, but a true reflection of the company’s strategic advancement and where the industry is inevitably heading. We are looking far beyond tickers and trading screens. We are laying foundations for the future of payments, widening the channels for global capital movement and empowering the growth of the real economy.

Bridging Compliant On/Off Ramps

When the world embraces digitization, barriers between fiat and digital currencies still obstruct the free flow of capital. From consumer settlement on e-commerce platforms to large-scale payments in cross-border trading, this phenomenon is just all too common. OSL Group recognises this industry’s pain point. In our new strategic roadmap, we are building and investing to become the preferred compliant, efficient “bridge” connecting the fiat and digital worlds, providing the smoothest compliant on/off ramp services for businesses, financial institutions, and individuals. Whether supporting consumer settlement for cross-border e-commerce or empowering fund transfers in international trade, we can make seamless conversion and instant payment the new standard for the business world.

Since expanding our coverage to payments in 2024, OSL Group has been proactively building: through a compliance-first global strategy combining organic expansions and overseas acquisitions, we have formed a worldwide compliant digital asset trading and payments network. Currently, OSL Group holds or is applying for over 50 licenses and registrations across more than 10 regions, including Hong Kong, Japan, Southeast Asia, Europe, Australia, North America, and Latin America.

Empowering Real Demand in Cross-Border Payments

If our global business layout and licensing represents the construction of this payment bridge, then the key to truly connecting it—bridging the real and digital worlds—is stablecoins. As global regulatory frameworks mature, more companies and institutions are seeking to utilize digital assets like stablecoins to solve pain points such as long settlement cycles, high costs, and low transparency in cross-border payments.

According to a joint research report by Artemis, an international digital asset data infrastructure platform, and several stablecoin payments companies including OSL Group, the cumulative settlement volume of attributable stablecoin payments reached US$136 billion from January 2023 to August 2025. Among payments types, B2B payments demand is the primary growth engine, accounting for nearly two-thirds of the total volume. The annualized growth rate of stablecoin payments overall is even 10 times that of traditional payments.

Becoming the “Compliant Roadbuilder” of the Digital Economy

For OSL Group, embracing stablecoin payments is also a natural choice for our business development. During our five years of regulated operations, the demand for stablecoin trading on OSL platforms has grown steadily. Taking this year as an example, since the beginning of 2025, stablecoin trading has accounted for nearly 70% of total trading volume across OSL platforms. As we expand our payments channels and strategic partnerships, we expect stablecoins to play an even more critical role in OSL’s future trading and payments ecosystem, satisfying merchant needs and empowering the real economy.

Transitioning from operating an exchange to building infrastructure that connects fiat and digital currencies means we have chosen a path of longer-term investment and steadier steps. Looking forward, we will continue to uphold our core values of being “Open, Secure, and Licensed,” working tirelessly to achieve an even more important goal: strategically expanding our compliant digital asset payment business, and acting as the “roadbuilder” between the real world and digital finance.

Five years ago, as Hong Kong’s first compliant, licensed, and listed digital asset exchange, we were the trailblazers driving regulatory development. Five years later, we have become Asia’s leading stablecoin trading and payment platform, dedicated to being the builders of the future digital economy.

Thank you for your trust, support, and companionship over the past five years. For the next five, let us journey together toward a new era of digital finance that is more prosperous, open, and driven by the real economy.

Kevin Cui
Executive Director & Chief Executive Officer
OSL Group

About OSL Group

OSL Group (HKEX: 863) is Asia’s leading stablecoin trading and payment infrastructure that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide.

For media inquiries, please contact: media@osl.com 

Disclaimer 

This article is for informational purposes only and does not constitute, and shall not be construed as, an offer, solicitation, invitation, recommendation, or inducement to buy, sell, subscribe for, or otherwise deal in any digital assets, securities, or financial products. It does not constitute financial, investment, legal, tax, accounting, or other professional advice and should not be relied upon as such. The views, statements, and information contained herein do not necessarily reflect the official positions or commitments of OSL Group or any of its affiliates. Any descriptions of products, services, promotions, or programmes are for general reference only. Participation in any products, services, or promotions mentioned is subject to applicable terms, conditions, and regulatory requirements. This article may contain forward-looking statements or indicative information. Actual outcomes may differ materially, and OSL Group assumes no obligation to update such information.