HONG KONG, Sept. 20, 2025 /PRNewswire/ — SU Group Holdings Limited (Nasdaq: SUGP) (“SU Group” or the “Company”), an integrated security-related engineering services company in Hong Kong, today announced that it received a letter (the “Determination Letter”) on September 17, 2025 from the staff of the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (the “Nasdaq”) notifying it that unless the Company requests an appeal, which it already has, the Company’s securities will be scheduled for delisting from The Nasdaq Capital Market and will be suspended at the opening of business on September 26, 2025, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market.  The Company has already appealed Staff’s determination to a hearings panel (the “Panel”). The hearing request stays the suspension of the Company’s securities and the filing of the Form 25-NSE pending the Panel’s decision. The Company’s shares will continue to trade uninterrupted on the Nasdaq Capital Market under the ticker symbol, “SUGP,” until the earlier of the deficiency being rectified or the appeal being heard by the Panel.

As previously reported on Form 6-K, on March 20, 2025, the Company received a written notification letter (the “First Letter”) from Nasdaq, notifying the Company it was not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). On July 31, 2025, the Company effected a reverse stock split in order to cure the deficiency under Nasdaq Listing Rule 5550(a)(2) for continued listing. On July 31, 2025, the Company’s ordinary shares were also redesignated as Class A ordinary shares (the “ordinary shares”), as previously reported on Form 6-K on August 20, 2025.

As a result of the reverse stock split, on August 27, 2025, as previously reported on From 6-K, the Company received a written notification letter (the “Second Letter”) from Nasdaq notifying the Company that it no longer meets the minimum 500,000 publicly held shares requirement for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(4). The Company submitted a compliance plan to Staff on September 15, 2025, detailing the actions the Company intends to take in order to restore compliance with Nasdaq Listing Rule 5550(a)(4) and 5550(a)(2).

As noted above, the Company has already appealed Staff’s determination to a hearings panel. The Company intends to cure the deficiencies as soon as possible and if the hearing is to move forward will provide a plan to regain compliance to the Panel and will present a plan that includes a discussion of the actions that it believes will enable it to regain compliance with Nasdaq Listing Rule 5550(a)(2) and 5550(a)(4). Among other actions, the Company is currently contemplating a secondary offering on a registration statement on Form F-1 which will increase the Company’s publicly held shares amount.

If the Company does not rectify the deficiencies and has to go to a hearing and the Panel disagrees and/or does not grant the Company an extension to comply with Nasdaq Listing Rule 5550(a)(2) and 5550(a)(4) the Company will be subject to being delisted from the Nasdaq. If a delisting occurs, the Company will be faced with a number of material adverse consequences, including limited availability of market quotations for its ordinary shares; limited news and analyst coverage; decreased ability to obtain additional financing or failure to comply with the covenants required by the Company’s borrowing arrangement; limited liquidity for the Company’s shareholders due to thin trading; and a potential loss of confidence by investors, employees and other third parties who do business with the Company.

About SU Group Holdings Limited

SU Group (Nasdaq: SUGP) is an integrated security-related services company that primarily provides security-related engineering services, security guarding and screening services, and related vocational training services in Hong Kong. Through its subsidiaries, SU Group has been providing turnkey services to the existing infrastructure or planned development of its customers through the design, supply, installation, and maintenance of security systems for over two decades. The security systems that SU Group provides services include threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems in private and public sectors, including commercial properties, public facilities, and residential properties in Hong Kong. For more information visit www.sugroup.com.hk. 

Forward-Looking Statements

The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events. These statements may be preceded by, followed by or include the words “may,” “might,” “will,” “will likely result,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, including the Company’s ability to submit a plan to regain compliance satisfactory to Nasdaq and the Panel; the Company’s ability to evidence that it has a minimum of 500,000 publicly held shares and a minimum bid price of at least $1 per share; and other risks and uncertainties set forth in our reports filed with the Securities and Exchange Commission. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise.

SHANGHAI, Sept. 20, 2025 /PRNewswire/ — At HUAWEI CONNECT 2025’s inaugural Data Center Innovation Summit, themed “Leading AI DC Innovation for an Intelligent Future”, Huawei joined over 600 global industry leaders, experts, and scholars to discuss high‑quality, sustainable data center infrastructure in the AI era. Huawei unveiled Xinghe AI Fabric 2.0—a full upgrade to its AI Fabric launched in 2018—empowering enterprises to create always‑on data center networks with full computing power and accelerating digital-intelligent transformation.

In his keynote, Arthur Wang noted that rapid AI iteration and evolving cloud architectures are driving data center networks to a critical inflection point. Xinghe AI Fabric 2.0, built on a three‑layer architecture comprising AI Brain, AI Connectivity, and AI Network Elements, integrates the AI network agent (NetMaster), StarryWing Digital Map (three‑level automation), Xinghuan training + Xingzhi inference scheduling engine, and Rock‑Solid Architecture.

Xinghe AI Fabric 2.0—Creating Always‑on Data Center Networks with Full Computing Power

• AI Brain: Uses StarryWing Digital Map and NetMaster for drag‑and‑drop service orchestration and automated deployment, integrated application‑network O&M automation, and end‑to‑end automation across heterogeneous networks and security domains—significantly boosting O&M efficiency.
• AI Connectivity: Utilizes the network scale load balancing (NSLB) algorithms to increase network throughput to 95% and improve training/inference efficiency by over 10%. iReliable three‑level reliability technology, built on the Rock‑Solid Architecture, delivers 10× higher reliability.
• AI Network Elements: CloudEngine series general‑purpose computing switches, XH series intelligent computing switches, and StarryLink optical modules enable precise traffic awareness and visualization of packet loss and latency. Intrinsic security and group-based isolation help enhance network security.

Show Floor Highlights—Demonstrating Core Technical Strengths

Huawei’s Data Center Network booth featured dynamic demos and simulations of Xinghe AI Fabric 2.0’s three-layer architecture, showcasing the value of “AI for Fabric & Fabric for AI.” Also displayed: the full 800GE portfolio—including the industry’s highest-density 128×800GE fixed switch XH9330, 64×800GE fixed switch XH9320, complete 800GE StarryLink optical modules—plus the Xinghe liquid-cooled cabinet and the industry’s first all-port liquid-cooled high-density 128×400GE fixed switch XH9230‑LC.

Looking ahead, Huawei will continue open collaboration with partners and customers, advancing research and innovation in data center networking, driving intelligent network upgrades and generational evolution, and creating greater value for industries worldwide.

DSC is Proud to Continue to Support the Next Generation in Footwear Design

PORTLAND, Ore., Sept. 19, 2025 /PRNewswire/ — DSC^®, a global leader in high-performance foam innovation and designer of DREAMCELL^® and DURAPONTEX^® insoles, is proud to sponsor the first-ever Sketchbattle SNKR on September 19, 2025. The live sneaker design competition brings the energy of Detroit’s legendary design battles to the footwear industry for the very first time.

DREAMCELL®, engineered by DSC® sponsors the first-ever Sketchbattle SNKR, known as the “Fight Club of Design” for sneaker creatives on September 19, 2025.

Billed as the “Fight Club of Design,” Sketchbattle is a high-energy competition where student and professional designers from across backgrounds and experience levels go head-to-head in live footwear sketching rounds. Competitors battle the clock in front of a crowd of 600+ designers, creatives, and title sponsors including DSC^®, Nike, Jordan, and Converse, among others. With industry judges, live DJs, and a high-energy atmosphere, Sketchbattle SNKR is more than a competition—it’s a real-time disruptive hiring engine where new talent is discovered, recruited, and celebrated.

“DSC^® is thrilled to be part of the very first sneaker-focused Sketchbattle,” said Mei-Fen Wei, Chief Operating Officer of DSC^®. “Just as DSC pushes the boundaries of insole innovation, Sketchbattle challenges designers to push creative limits in real time. Supporting young designers has always been a priority for us, and we’re proud to stand alongside this movement that gives them a stage, access, and a career pathway.”

Founded by designer and educator Brook Banham, Sketchbattle was created to celebrate Detroit’s rich history in automotive design. Now, with the debut of Sketchbattle SNKR, the platform expands to a sneaker face off— bringing cultural and industry connections across the global footwear community, to come together to create and engage in a dynamic, friendly rivalry.

“This is a dream years in the making,” said Brook, founder of Sketchbattle. “We’ve seen Sketchbattle change lives in automotive design—talent discovered on this stage goes on to work at the biggest brands in the world. To now bring that same platform to sneakers, with the support of leaders like DREAMCELL^®, Engineered by DSC^®, opens up incredible opportunities for the next generation of designers.”

DSC’s sponsorship of Sketchbattle SNKR builds on its ongoing commitment to supporting the next generation in nurturing design talent and access. The company first connected with Brook through his role as a professor at the College for Creative Studies (CCS), where DSC^® has sponsored a design sprint program for the past several years in support of young designers in both the industry and the community.

This year’s event will feature three awards: Sketchbattle Champion, People’s Choice, and the Darby Jean Award. Named in honor of Sketchbattle’s first female Sketchbattle Champion in 2015, the Darby Jean Award shines a spotlight on women designers underrepresented in the industry, by recognizing and celebrating their talent and contributions.

Sketchbattle SNKR hopes to expand to key sneaker cities like Portland, Boston, and Los Angeles. The inaugural Detroit event marks the beginning of a new chapter where sneaker design takes center stage, and DSC^® is proud to help lead the charge.

About DSC
For 80 years since its founding in 1945, Dahsheng Company (DSC^®) has been a leader in foam innovation for the sports industries. Known for its premium comfort and performance foam DREAMCELL^® and DURAPONTEX^®, DSC^® partners with top brands and footwear manufacturers worldwide. By advancing innovation and pushing the limits of foam manufacturing, DSC^® is dedicated to creating eco-friendly and advanced foam solutions that set new standards in the industry.

Visit www.dahsheng.com to learn more about DSC^® and its commitment to sustainability and eco-innovation.

About Sketchbattle
Known as the “Fight Club of Design”, Sketchbattle is a live design competition that brings together students, professionals, and industry leaders for high-energy battles where creativity meets opportunity. Founded in Detroit, Sketchbattle has become a disruptive platform for discovering and hiring design talent, transforming the way the industry connects with the next generation of creatives. Visit www.sketchbattles.com for more information.

Media Contact:
Erin Patterson
t: +1-323-422-0274
e: erin.patterson@writetheskycomms.com

WILMINGTON, Del., Sept. 20, 2025 /PRNewswire/ — Pimax today shared a major update on its Micro-OLED product line: the Dream Air SE, Dream Air, and Crystal Super Micro-OLED. First revealed earlier this year, these headsets are now approaching launch with finalized specs, enhanced features, and confirmed availability. Together, they showcase Pimax’s ability to bring Micro-OLED displays and pancake optics into VR headsets that break industry conventions.

Breakthrough in Micro-OLED VR

Micro-OLED promises ultra-high pixel density, deep blacks, and near-infinite contrast, but faces challenges in heat management, optics, and high-resolution scaling. Pimax solved these with its proprietary ConcaveView pancake optics, making it the first VR brand to deliver Micro-OLED headsets at scale, not just prototypes.

Product Lineup

• Dream Air SE – A lightweight (under 140 g) all-in-one 5K headset with 2560 × 2560 resolution per eye, Tobii eye-tracking, dynamic foveated rendering, 6DOF SLAM tracking, and spatial audio. At $899, it makes Micro-OLED VR accessible to gamers and creators.
• Dream Air – The world’s smallest full-feature 8K VR headset, offering 3840 × 3552 resolution per eye (27+ million pixels combined). At under 170 g, it delivers a 110° horizontal and 120°+ diagonal FOV with optimized stereo overlap, balancing portability with uncompromising image quality.
• Crystal Super Micro-OLED – Pimax’s flagship, featuring 116° horizontal and 128°+ diagonal FOV, the widest ever on Micro-OLED VR. As part of the modular Crystal ecosystem, it supports interchangeable optical engines (Ultrawide, 57 PPD clarity, and Micro-OLED), ideal for enthusiasts and professional sim users.

Availability

Pre-orders for all three headsets are open now, with shipments beginning later this year. Early adopters will receive exclusive accessories such as prescription lens frames and a free copy of Le Mans Ultimate. All models are supported by the Pimax Prime program, ensuring service and ongoing software updates. We’re also offering a limited batch of prototype micro-OLED optical engines to loan exclusively to our earliest Crystal Super supporters.

Redefining the Future of VR

With the launch of Dream Air SE, Dream Air, and Crystal Super Micro-OLED, Pimax becomes the only brand offering a full lineup of Micro-OLED + pancake lens VR headsets. This milestone proves Micro-OLED VR is no longer just a concept—it’s real, refined, and ready for users worldwide.

SHANGHAI, Sept. 19, 2025 /PRNewswire/ — During HUAWEI CONNECT 2025, Huawei unveiled its Xinghe AI Campus Full-Scope Security Solution—an innovative offering that harnesses AI technologies to extend security protection from the digital world to the physical world, enabling campus-wide comprehensive protection.

Today’s campus networks have evolved beyond traditional connectivity to become platforms that connect and sense everything. To meet the growing security demands, they must continuously strengthen internal defense to safeguard the digital world, while also sensing people, things, and environments to address security challenges in the physical world.

Shawn Zhao stated, “To tackle security risks on campus networks, Huawei has launched the Xinghe AI Campus Full-Scope Security Solution. With asset security, transmission security, spatial security, and privacy security, the solution redefines protection across digital and physical worlds.”

• Asset security: Huawei’s AI-powered endpoint clustering and comprehensive fingerprint database enable 100% identification of endpoint assets. AI-powered traffic feature detection can identify abnormal endpoint behavior within 30 seconds and automatically control it in just 1 second, enabling full enterprise asset visibility and control.
• Transmission security: Huawei’s unique Wi-Fi Shield technology addresses Wi-Fi security concerns by leveraging AI-based signal scrambling to eliminate the risk of data eavesdropping at the physical layer. Beyond this, end-to-end MACsec encryption and post-quantum cryptographic (PQC) algorithms secure the wired side. Over 100 government and financial institutions worldwide have adopted these capabilities to maximally secure their wired and wireless networks.
• Spatial security: In many privacy-sensitive areas without cameras, Huawei’s wireless access point (AP) leverages channel state information (CSI) sensing and AI algorithms to detect centimeter-level micro-motions, accurately detecting human presence within a space. This approach detects intrusions 24/7 without compromising privacy.
• Privacy security: With built-in AI feature matching algorithms, Huawei’s first spycam-detecting AP can combat hidden cameras. It can accurately identify 110 camera models across 62 global brands. In this way, hidden cameras operating via Wi-Fi, cellular networks, or local SD storage can be detected and alerted in real time.

Securing campus networks is no longer optional—it’s essential. Huawei remains committed to continuous innovation, empowering intelligent networks and redefining campus security in the AI era.

NICOSIA, Cyprus, Sept. 19, 2025 /PRNewswire/ — ISX Financial EU Plc (ISXX), a regulated Electronic Money Institution provider of transactional banking and real-time payments technology across Europe and the UK, today announced the renewal of its sponsorship agreement with APOEL FC, extending the partnership for both 2025-2026 and the 2026–2027 seasons.

The extension builds on a collaboration that began in 2023, reflecting a common commitment to ambition, discipline, and teamwork as guiding principles for both organisations. APOEL FC is the most successful football team in The Republic of Cyprus, with an overall result of 29 national championships, 21 Cypriot Cups, and 15 Cypriot Super Cups, as well as an impressive run to the UEFA Champions League Quarter Finals in 2011–2012. ISX is proud to align itself with organisations that lead their respective fields, setting standards of excellence and inspiring others to achieve at the highest level.

Nikogiannis Karantzis, Chief Executive Officer of ISXX, said:
“The extension of our sponsorship with APOEL FC reflects our commitment to supporting organisations that embody excellence and resilience. Football is more than a sport; it connects people, inspires achievement, and reinforces community spirit. These values are aligned with ISX’s ‘Dream Big’ vision, and we are proud to stand alongside APOEL, as they pursue success on and off the field.”

Prodromos Petrides, President of APOEL Football (Public) Ltd, added:
“We are pleased to renew our partnership with ISX Financial, a successful financial institution that has consistently demonstrated support for APOEL, our players and our supporters. This agreement strengthens our capacity to continue to compete at the highest level, while reinforcing the importance of long-term partnerships with companies that support our mission.”

With more than 140 employees based in Cyprus, ISXX is firmly rooted in the local market, contributing both to the economy and the community it serves. Through its “Dream Big” initiative, ISXX continues to invest in sports and youth development, supporting projects that inspire future generations across the island.

About ISX Financial EU Plc 
Headquartered in Nicosia, ISX Financial EU Plc (ISXX, LEI: 213800NGHVYL5PFZI692) is a leading banktech company EEA authorised as an Electronic Money Institution by the Central Bank of Cyprus and regulated in the UK by the Financial Conduct Authority. The company develops and operates a proprietary payments ecosystem, offering multi-currency accounts, open banking solutions, FX, remittance, and payment processing. ISXX combines financial strength, regulatory resilience, and innovation to deliver value to businesses and communities across Europe and beyond. 
Nikogiannis (Nickolas John) Karantzis has more than 30 years broad industry experience, 20 years of which are in secure digital enterprises, including telecommunications, IPTV, payments and electronic money. Mr Karantzis holds degrees in Engineering, Law and Business Enterprise, and is a registered Trans Tasman IP Attorney, a Fellow of Engineers Australia and a multi state registered disputes Adjudicator.

Website: www.isx.financial 

• Complementing this, a S$2 million pilot with Stanford University gives NUS students hands-on experience in international teams to co-create and prototype solutions to real-world industry challenges

SINGAPORE, Sept. 19, 2025 /PRNewswire/ — NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), announced two major co-investment partnerships and an international education initiative to strengthen Singapore’s role as a global innovation hub for deep tech. The announcements were made at the opening of the revitalised i³ building, the new nucleus of NUS innovation, on 16 September 2025.

Expanding capital and partnerships for deep tech ventures

NUS Enterprise launched a new co-investment framework with SG Growth Capital, the strategic investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore (ESG), to channel greater capital into deep tech start-ups and selected venture capital (VC) funds. The investment amount into a VC fund would match NUS Enterprise’s investment depending on SG Growth Capital’s evaluation of the fund. 

In a parallel move, NUS Enterprise signed a S$20 million (approximately US$16 million) co-investment agreement with Lotus One Investment Pte Ltd, part of the Lotus Singapore Group, to jointly support both NUS spin-offs and VC funds. Profits from these collaborations will be significantly reinvested to strengthen NUS Enterprise’s innovation and entrepreneurship programmes, further amplifying impact.

Together, these initiatives will provide greater support for NUS-affiliated start-ups and broaden co-investments in VC funds, complementing the S$150 million (US$116 million) NUS VC Programme launched in July 2025. (Refer to the annexe for partners’ quotes.)

“NUS is committed to creating stronger pathways for deep tech start-ups to succeed,” said Professor Tan Eng Chye, NUS President. “These partnerships give our ventures greater access to capital, networks, and expertise, while reinforcing NUS’ role in advancing deep tech innovation and contributing to a vibrant start-up ecosystem in Singapore, the region, and globally.”

“With the support of SG Growth Capital and Lotus One Investment, deep tech ventures in the NUS ecosystem gain access to global expertise, quality capital, and expansive networks,” said Dr Tan Sian Wee, NUS Senior Vice President (Innovation and Enterprise). “These partnerships strengthen our integrated ecosystem – uniting education, research, and venture creation – to attract outstanding talent and nurture start-ups that deliver innovation with lasting global impact.”

Global learning opportunities with Stanford University

Complementing these capital partnerships, NUS Enterprise announced a S$2 million (US$1.5 million) pilot collaboration with Stanford University, made possible through a donation from the Khetan Foundation. The NUS-Stanford Khetan Foundation Launch Pad will give students from the NUS College of Design and Engineering hands-on experience in international teams, co-creating and prototyping solutions to real-world industry challenges. Guided by faculty from both universities, students will collaborate with partners such as Meta and Venture Corporation, gaining practical exposure while sharpening cross-border innovation skills.

This initiative builds on the NUS Overseas Colleges (NOC) programme in the US and BLOCK71 Silicon Valley, creating more opportunities for entrepreneurs to scale their innovations within NUS Enterprise’s global ecosystem. Established in 2002, NOC has nurtured entrepreneurial mindsets by immersing students in top innovation hubs worldwide. Complementing this, BLOCK71 Silicon Valley serves as a launchpad for start-ups, connecting them with universities, corporates, and investors across the US and Singapore as part of NUS Enterprise’s global network of 11 physical accelerators.

The NUS Enterprise flywheel

Under Dr Tan’s leadership, NUS Enterprise has built a “flywheel” that unites education, research, venture creation, and capital. By nurturing talent and accelerating start-ups, each success attracts investment, creates jobs, and delivers real-world impact – momentum that in turn draws fresh talent and resources to power the next wave of innovation.

i³ as a hub for entrepreneurship

At its core, NUS Enterprise supports the founders, innovators, and risk-takers who drive change through its integrated focus on education, ecosystem and research, and venture building and investing. “i³ is the nexus on which the NUS Enterprise flywheel spins. It brings together all the pieces in the ecosystem, fuelling the momentum to drive global impact and Singapore’s entrepreneurial success,” said Dr Tan.

For media enquiries, please contact:

For NUS Enterprise (APRW on behalf of NUS Enterprise):
Bijal Doshi
+65 9754 7691
bijal@aprw.asia 

Aye Mya Mya Toe (Mya)
+65 9237 4813
mya@aprw.asia