Home Blog Page 3

Insilico and TaiGen Achieve Milestone in Collaboration: Out-Licensed CKD Anemia Candidate ISM4808 Completes first human enrollment and dosing in Phase I clinical trial

CAMBRIDGE, Mass., March 5, 2026 /PRNewswire/ — Insilico Medicine (Insilico Medicine, HKEX: 03696), a clinical-stage biotechnology company powered by generative artificial intelligence (AI), announced that ISM4808, an AI-driven PHD inhibitor for chronic kidney disease (CKD)-related anemia previously out-licensed to TaiGen Biotechnology (TaiGen*-KY, 4157), has achieved its first milestone. Recently, TaiGen has successfully completed the enrollment and dosing of the first subject in the Phase I clinical trial.

The prevalence of CKD is steadily rising in the Greater China region. Anemia is one of the most common complications of CKD, affecting more than one in seven patients. ISM4808 is a potential best-in-class oral HIF-PHD inhibitor discovered with the support of Insilico Medicine’s generative chemistry platform, Chemistry42. Compared to traditional Erythropoiesis-Stimulating Agents (ESAs), ISM4808 stimulates the production of endogenous erythropoietin (EPO) and improves iron utilization. Its advantages, offering multiple advantages including improved iron use efficiency, avoidance of intravenous injections, and a favorable safety profile, with the potential to overcome limitations of existing treatment.

In December 2025, Insilico and TaiGen entered into a licensing agreement for the program. Under the agreement, TaiGen obtained exclusive rights to develop, commercialize, and sublicense ISM4808 in Greater China (including mainland China, Hong Kong, Macau, and Taiwan). Insilico Medicine is eligible to receive an upfront payment, development and sales-based milestone payments, as well as tiered royalties on net sales, with the total deal value reaching tens of millions of US dollars.

Since entering the collaboration, TaiGen has efficiently initiated preparations for the Phase I clinical trial of this program. The Phase I clinical study is a randomized, double-blind, placebo-controlled trial comprising both single-ascending-dose (SAD) and multiple-ascending-dose (MAD) cohorts, designed to evaluate the safety, tolerability, and pharmacokinetic profile of ISM4808 in healthy adults.

Kuo-Lung Huang, Chairman of TaiGen Biotechnology, said, “ISM4808 is an important milestone in TaiGen’s drug development strategy. Within 3 months of in-licensing the program, our team completed the challenging process from regulatory preparation to first-subject enrollment and dosing, demonstrating TaiGen’s clinical development expertise. There remains significant unmet medical need in the CKD anemia market. We look forward to providing patients with a safer and more convenient oral treatment option through this novel mechanism, and we will continue to accelerate clinical progress to advance into the next stage of development as soon as possible.”

Feng Ren, PhD, Co-CEO and Chief Scientific Officer of Insilico Medicine, said, “We are deeply impressed by our partner TaiGen, who achieved clinical enrollment in less than three months after in-licensing the program. This highly efficient translational model—’AI-enabled early discovery + professional clinical development’—greatly shortens the distance from concept to the clinic. We look forward to ISM4808 delivering strong outcomes in clinical trials and bringing a clinically differentiated new oral treatment option to the broader CKD anemia patient community. ISM4808 was initially discovered as a candidate drug targeting the PHD mechanism with the support of Chemistry42. Garutadustat, another drug candidate targeting the PHD discovered and optimized by Chemistry42, is being independently advanced by Insilico for the treatment of inflammatory bowel disease. The first patient dosing for its Phase II clinical trial was completed in January 2026.”

About Insilico Medicine

Insilico Medicine is a pioneering global biotechnology company dedicated to integrating artificial intelligence and automation technologies to accelerate drug discovery, drive innovation in the life sciences, and extend health longevity to people on the planet. The company was listed on the Main Board of the Hong Kong Stock Exchange on December 30, 2025, HKEX:3696.

By integrating AI and automation technologies and deep in-house drug discovery capabilities, Insilico is delivering innovative drug solutions for unmet needs including fibrosis, oncology, immunology, pain, and obesity and metabolic disorders. Additionally, Insilico extends the reach of Pharma.AI across diverse industries, such as advanced materials, agriculture, nutritional products and veterinary medicine. For more information, please visit www.insilico.com.

Hong Kong Tech “Proposed with a Ring” and Won Third Place at MedTech Innovation World Cup 2026


HONG KONG SAR – Media OutReach Newswire – 6 March 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) congratulates the win of United Sensing & MediTech in third place at the MedTech Innovation World Cup (IWC), with hypertension management handed by a smart ring with AI embedded for personalised and continuous analysis.

Hong Kong wearable tech startup United Sensing & MediTech, with a smart ring for hypertension management on the go, won in third place at the MedTech Innovation World Cup 2026.
Hong Kong wearable tech startup United Sensing & MediTech, with a smart ring for hypertension management on the go, won in third place at the MedTech Innovation World Cup 2026.

Held on 4–5 March 2026 at Science Park, the Wearable Technologies (WT) Conference 2026 was making a return appearance in Hong Kong after a decade, while the Innovation World Cup came for the first time, spotlighting 32 global innovators out of over 300 entries, in which 8 were Hong Kong-based life & health tech companies, vying for opportunities by connecting with research professionals, industry leaders, and investment representatives, including fast track to “HKSTP Soft Landing Programme” where up to HK$100,000 cash funding and access to an extensive network to accelerate market entries is up for grabs.

Emerged 1st and 2nd from the finals were FluoretiQ from the United Kingdom, introducing an on-the-spot diagnostic solution ‘Veri-5’ that identifies the bacteria and antibiotics in 30 minutes, and Light House from Switzerland, introducing assistive mobility eyewear ‘TAMI’ that look after the visually impaired regardless of hazardous environments, had also won the Audience’s Favourite. 3rd place came United Sensing & MediTech, filling the gaps in monitoring chronic, yet not necessarily lethal cardiovascular diseases, in particular, hypertension, where one-third of the adult population in Hong Kong endures, with a smart ring that presents an alternative that tracks for indicators and tells when possibilities of worsening the condition occurred with ease and efficiency.

With the city recognised as a global financial centre, and ranked in 2025 the first worldwide for biotechnology IPOs, Prof. Dong Sun, JP, Secretary for Innovation, Technology and Industry, Government of HKSAR said, “Initiatives were rolled out to support the local development of life & health tech that are seeing massive success, including the InnoHK clusters, the RAISe+ scheme, and more. Besides from technological advancements, traction for talent and capital have also been witnessed and welcomed.”

Terry Wong, CEO of HKSTP said, “The Conference demonstrated that Hong Kong’s playing a pivotal role as a platform gluing aspects of I&T together—connecting industry and academia for research and development; innovation with investment for commercialisation; and between cities and cultures and compliance practices for adoption—essential in transforming ideas into impact.”

The notion was in echo as Park company founders joined university professors and industry gurus from around the world in sharing the latest developments in the spectrum of medicine; and for AiQuanMed Engineering & Innovation Council (AEIC) from Singapore, and Organization for Medical, Engineering and Commerce Collaboration (OMECC) from Japan to join as strategic partners to the ‘Global Connect’ initiative for a tighter bond among I&T enablers.Hashtag: #HKSTP

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

HKSTP

More information about HKSTP is available at .

MEXCampus Launches at UNSW, Expanding MEXC Foundation’s University Web3 Program

VICTORIA, Seychelles, March 6, 2026 /PRNewswire/ — MEXC Foundation and UNCB (University Network for Cryptocurrency & Blockchain) today launched MEXCampus at the Roundhouse, University of New South Wales (UNSW) Campus — formally introducing MEXC as UNCB’s official partner and kicking off a structured trader development program for university students across Australia.

MEXCampus Launches at UNSW, Expanding MEXC Foundation's University Web3 Program
MEXCampus Launches at UNSW, Expanding MEXC Foundation’s University Web3 Program

The MEXCampus Welcoming Party marks the beginning of an ongoing campus program combining community building with practical crypto education, including platform workshops and trading fundamentals grounded in risk awareness and financial literacy.

Through MEXCampus, students gain access to hands-on platform education and a clear, structured pathway into the crypto economy — designed to move participation from curiosity to informed engagement. This is MEXC Foundation’s second activation with UNCB, reflecting a growing partnership built around education-first community development at the university level.

MEXCampus is one expression of MEXC Foundation’s $30 million global initiative, launched in August 2025, to expand access to Web3 through education, empowerment, and community impact. The Foundation focuses on underrepresented communities and regions where blockchain literacy and adoption are rapidly developing.

University partnerships like MEXCampus reflect MEXC Foundation’s approach to ecosystem building: meeting students at the earliest stage of their Web3 journey and providing the education and infrastructure to take it further. As the program expands across campuses, MEXC Foundation aims to establish a replicable model for university-level crypto education across the region.

About MEXC Foundation

MEXC Foundation is the impact-driven arm of MEXC Group, committed to accelerating responsible growth and inclusive adoption of blockchain and Web3 ecosystems. Through diverse initiatives, the Foundation fosters education, innovation, and equal access to opportunities on a global scale, making blockchain a force for positive and practical change worldwide.

MEXC Official Website X Telegram

Bybit and Tether Deepen Strategic Collaboration With “Golden Season,” Bringing Gold-Backed Stability to Crypto Investors

DUBAI, UAE, March 6, 2026 /PRNewswire/ — As digital asset markets face renewed volatility and investor sentiment turns cautious, Bybit and Tether, the largest company in the digital asset industry today, announced an expanded collaboration centered on tokenized gold, launching the joint “Golden Season” initiative with more than $1 million in gold-backed rewards.

The program builds on the two companies’ long-standing collaboration around liquidity, stablecoin infrastructure, and asset tokenization, reflecting a shared focus on delivering stability and real-world value to crypto investors during turbulent markets.

Standing With Users When It Matters Most

With the crypto Fear & Greed Index recently touching extreme-fear levels and bitcoin trading well below recent highs, we believe the timing calls for solutions that help investors protect capital while staying engaged in digital markets.

“The real test of a platform is not how it performs in bull markets, but how it supports users when markets turn,” said Helen Liu, Co-CEO of Bybit. “Through our collaboration with Tether, we are bringing the reliability of gold into the digital asset ecosystem — offering our community practical ways to seek stability and steady returns while markets recover.”

Bybit and Tether are proactively creating opportunities for users to protect capital, earn sustainable yield, and access one of the world’s most trusted store-of-value assets — gold. “We have been seeing rising demand for stable, yield-generating products amid market volatility, with millions of users shifting toward diversified portfolios that include tokenized real-world assets,” added Helen.

Golden Season is that belief in action: rather than waiting for conditions to improve, “We believe what our users need most right now is stability,” said Helen. “Markets will recover — we have no doubt about that. But in the meantime, our responsibility is to ease the pressure, provide real pathways to steady returns, and make sure our community knows: Bybit stands with them. Golden Season with Tether is exactly that — gold’s stability and upside, made accessible to every crypto investor, right when they need it most.”

A Shared Vision for Tokenized Real-World Assets

Tether’s gold-backed token, XAUT, is backed 1:1 by physical gold stored in Swiss vaults, giving digital investors exposure to one of the world’s most trusted store-of-value assets without leaving the crypto ecosystem.

Bybit aims to deepen the integration of XAUT across trading, savings, and structured-yield products on its platform, alongside broader stablecoin initiatives scheduled for 2026.

Why Gold, Why Now

Analysts note that gold has outperformed many asset classes over the past year amid inflation concerns and geopolitical uncertainty[1]. Bybit said user behavior is shifting toward capital preservation and diversified yield, making tokenized gold a natural bridge between traditional safe-haven assets and digital markets.

Golden Season will feature trading rewards, referral incentives, and limited-time yield pools linked to XAUT, designed to encourage responsible portfolio diversification rather than speculative trading.

More Than a Campaign

Both companies share a commitment to transparency, resilience, and user protection,” Helen said. “Golden Season is just one step in building a more stable and inclusive digital financial system together.”

Bybit has been planning to introduce up to $10 million in additional stablecoin- and RWA-linked yield products in March, further expanding options for investors seeking consistent income during uncertain markets.

#Bybit / #TheCryptoArk / #IMakeIt

[1] https://www.vaneck.com/offshore/en/news-and-insights/blogs/gold-investing/gold-investing-outlook/ 

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

 

Envision Energy Completes Largest Non-Project Offshore Syndicated Financing with USD 600 Million Sustainability-Linked Loan

HONG KONG, March 6, 2026 /PRNewswire/ — Envision Energy, a global leader in green technology, announced the successful closing of a USD 600 million equivalent 1+2 year sustainability-linked syndicated term loan in Hong Kong. This marks the company’s largest non-project syndicated loan in the international offshore credit market through a broadly distributed public syndication, attracting strong participation from leading global financial institutions. The transaction represents a significant milestone in Envision’s continued expansion of diversified international financing channels and demonstrates strong confidence in its solid credit profile and long-term sustainability strategy.


The loan is jointly lead-arranged by Banco Bilbao Vizcaya Argentaria and Crédit Agricole Corporate and Investment Bank as Sustainability Structuring Coordinators, Mandated Lead Arrangers, Bookrunners and Underwriters with a consortium of banks from various jurisdictions including Australia, Germany, France, Italy, Spain, the Middle East and China. The transaction receives an overwhelming response from the banking community with over-subscription, and is upsized to USD 600 million equivalent from the initial amount of USD 500 million equivalent with 13 banks participating in the final syndication and an additional USD 100 million greenshoe option.

The transaction is arranged as a sustainability-linked loan (SLL). Its structure is contingent on the achievement of Sustainability Performance Targets, including Scope 3 GHG emission intensity and annual wind turbine installed capacity. The framework complies with the Loan Market Association / Asia Pacific Loan Market Association / Loan Syndications and Trading Association (“LMA/APLMA/LSTA”) Sustainability-Linked Loan Principles (“SLLP”) and has been independently verified by DNV Business Assurance Limited.

“This transaction demonstrates the strong confidence of leading global financial institutions in Envision Energy’s credit profile, business model, and sustainability leadership.” said Joseph Ma, Co-CFO of Envision Energy, “We are delighted to partner with a distinguished group of financial institutions that share our vision of accelerating the global energy transition. This financing enhances our flexibility to scale our innovations in renewable energy systems, energy storage, and green hydrogen while reinforcing our commitment to measurable sustainability performance. As we continue pioneering Physical AI to build the future energy system, we remain dedicated to building a secure, intelligent, and sustainable energy future, and to creating long-term value for our customers, partners, and society.”

“This transaction reflects the mutual trust we have built with Envision Energy over time, as well as our commitment to supporting our clients at every stage of their growth, particularly in their international expansion and sustainable transformation,”said Jorge González Jacob, Head of Corporate Lending of BBVA.”Envision’s resilient business model and measurable sustainability targets align closely with our financing priorities, strengthening our support for its long-term international expansion. We are proud to leverage BBVA’s global distribution platform and sustainable finance expertise to back business models that are accelerating the energy transition in dynamic markets such as Asia.”

Quentin Galmiche, Head of Corporate & Leveraged Finance, Asia Pacific from Credit Agricole CIB said: “The success of this landmark transaction in China’s wind power sector demonstrates Envision Energy’s position as a global leader in renewable energy. Its commitment to sustainable development, and its flexible international and diversified financial strategy impressed numerous banks, and generated strong market response, fully reflecting the confidence in Envision Energy’s strategic vision.  As one of the global leaders in renewable energy financing, Crédit Agricole CIB has witnessed Envision Energy’s rapid growth and is honored to be appointed to set this benchmark for Envision Energy’s continued growth in the offshore credit market and its expanding international presence.” 

Envision’s strong ESG performance provided a solid foundation for this collaboration. In 2025, the company achieved operational carbon neutrality for the fourth consecutive year and maintained 100% renewable electricity usage for the second consecutive year, fulfilling its RE100 commitment ahead of schedule. It was named to S&P Global Commodity Insights’ inaugural 2025 Tier 1 Cleantech Companies list for both Wind and Energy Storage, highlighting its financial credibility, technological maturity, and operational excellence. As a pioneer in net zero transition, Envision Energy has also earned the EcoVadis Gold Medal and CDP A rating for climate change for two consecutive years.

China Telecom Honored with Multiple GLOMO Awards, Gaining Wide Recognition for Its Tech Innovation Achievements


BARCELONA, SPAIN – Media OutReach Newswire – 6 March 2026 – During the 2026 Mobile World Congress (MWC26) at 17:00 local time, multiple projects from China Telecom stood out among thousands of global entries to win several prestigious The Global Mobile Awards (commonly known as the “GLOMO Awards”), widely regarded as the “Oscars of the mobile communications industry.” This breakthrough achievement underscores China Telecom’s exceptional technological innovation capabilities and excellence in the global mobile communications sector, earning widespread recognition from the international telecommunications industry.

Best Private Network Solution Award

China Telecom, ZTE, AGIBOT and DroidUp for EasyOn 5G-A-RobotNet: Intelligent Backbone for Humanoids, has been honored with the GLOMO “Best Private Network Solution Award.” This solution deeply integrates 5G-Advanced with embodied intelligence to create an end-edge collaborative “communication + computing” integrated platform. Through close collaboration with leading robotics companies such as AGIBOT and DroidUp, it has demonstrated diverse and flexible application scenarios. This recognition not only reflects the industry’s high acclaim for the innovative integration of 5G-A and embodied robotics but also highlights the leadership of Chinese enterprises in the global embodied intelligence field. It sets a new milestone for accelerating the large-scale, low-cost commercialization of humanoid robots.

Best NTN Solution Award

China Telecom and Huawei for System Design, Key Technologies, and Scale Application of the Smartphone Direct Connection to GEO Satellite, has been honored with the GLOMO ” Best NTN Solution Award.”Targeting vast terrestrial and oceanic areas lacking ground network coverage, this pioneering solution enables direct satellite connectivity for standard smartphones, effectively addressing communication needs in regions without terrestrial network infrastructure worldwide.

The project overcomes critical bottlenecks in high-orbit satellite communication, including significant signal attenuation and extended latency over ultra-long distances, by establishing a comprehensive end-to-end technical architecture and leveraging proprietary technologies to enhance channel gain. Through close collaboration with partners, it has also resolved chipset challenges, resulting in the world’s smallest and most cost-effective high-orbit satellite communication chip for smartphones. A dedicated interworking gateway enables seamless integration with mobile networks, allowing ordinary smartphones to connect directly with geostationary satellites orbiting 36,000 kilometers away—enabling users to access satellite calls and messaging services without changing their SIM cards or phone numbers.

The service currently covers Mainland China and is gradually expanding to Southeast Asia. It has been widely deployed in emergency response, maritime and fishing industries, scientific research, and exploration. To date, the solution has been integrated into over 40 smartphone models and more than 10 vehicle models, extending its applications to automotive and smart wearable scenarios, continuously strengthening and expanding the industrial ecosystem.

Best Mobile Innovation for Enhancing the Lives of Children and Young People

China Telecom, CSEF and Huawei for Qingjiao Plan in Lancang County, Pu’er, has been honored with the GLOMO ” Best Mobile Innovation for Enhancing the Lives of Children and Young People” Award. Leveraging China Telecom’s 5G rural coverage and optical broadband campus networks, the program provides young teachers across all primary and secondary schools in Lancang County with advanced and diverse digital teaching resources. It supports these educators in accumulating teaching experience and planning their professional development, opening a digital “window” for the growth of rural teachers.

The initiative also creates a bridge across geographical boundaries, connecting young teachers and students into a shared virtual community that brings together classrooms in Lancang and Shanghai. In terms of network capabilities, China Telecom fully utilizes its advantages in 5G and optical networks to provide nationwide connectivity services for rural campuses. It enables seamless integration between 5G and WiFi networks within schools, supporting uninterrupted roaming and secure management across mobile and fixed networks for various terminal devices.

Best Event Activation

China Telecom, in collaboration with ZTE and other industry partners, has been honored with the GLOMO “Best Event Activation” for the “5G-A powered concert live streaming” project. This accolade signifies a major step forward in the high-quality evolution of the entertainment industry, demonstrating the successful large-scale digital commercial deployment of 5G-Advanced in the concert live streaming sector. It injects robust momentum into the intelligent transformation of live streaming scenarios across emerging media-integrated fields, including sports events and performances, entertainment activities, and educational instruction.

The solution was first implemented at the Hangzhou Olympic Sports Center in Zhejiang Province, where its exceptional performance in supporting concert live streaming has set a replicable benchmark for innovation and large-scale adoption of wireless live streaming models across the industry.

The Global Mobile Awards (GLOMO Awards), established in 1996 by the GSMA, the authoritative industry organization for mobile communications, bring together more than 200 independent judges to recognize individuals and companies that drive innovation and demonstrate outstanding achievement in the rapidly growing mobile industry. Widely regarded as the most prestigious awards in the communications sector, the GLOMOs celebrate excellence and ingenuity on a global stage. Leveraging its core strengths and collaborating with distinguished partners, China Telecom has achieved fruitful results across multiple domains.

Hashtag: #ChinaTelecom

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

Aurelion Welcomes Its First AI Employee Duncan.Aure

HONG KONG, March 6, 2026 /PRNewswire/ — Aurelion (NASDAQ: AURE), the world’s first NASDAQ-listed Tether Gold (XAU₮) treasury company, today announced the Company’s first AI virtual employee, Duncan.Aure (“Duncan”)

Duncan is an AI agent that will participate directly in trade execution on behalf of Aurelion on-chain. Through a set of predefined AI Agent Skills modules, Duncan provides developers and applications with standardized interfaces for automated XAU₮ trading strategies, cross-protocol DeFi execution and digital gold allocation.

Duncan has already launched a dedicated website (www.xaue.com/shop) and established official accounts on X (@aure_duncan) and Telegram (@Aure_DuncanBot).

Strategic Vision: From Digital Asset Treasury Management to AI Financial Participants

This move marks Aurelion’s mission to reach beyond traditional individual and institutional XAU₮ asset holders. Aurelion views AI as both a productivity tool and a potential independent financial participant. Duncan reflects the Company’s broader goal of building intelligent financial infrastructure centered on digital gold.

  • New financial participant model: AI-driven execution with safeguards to manage automated trading risks
  • Expand XAU₮ use cases: Positioning digital gold as a settlement node and safe-haven anchor for AI agents during periods of market volatility
  • DeFi accessibility: Via xaue.com, individual users can connect wallets and access transparent on-chain XAU₮ exchange workflows powered by Duncan

Digital Gold Infrastructure: Financial Skills for the Agent Era

Duncan will be equipped with predefined financial skill packages providing standardized asset operation interfaces for the emerging AI economy, including:

  • Cross-protocol execution: Autonomous interaction across DeFi protocols, from spot transactions to collateralized lending, ensuring seamless asset flows
  • Hedging logic development: Leveraging digital gold’s stability to develop long-term hedging and allocation strategies in AI-driven markets

For Users
Via www.xaue.com/shop, users can connect wallets and access transparent on-chain XAU₮  exchange workflows powered by Duncan. Duncan will also support the Company’s broader strategic objectives, including innovative scenarios such as XAU₮ Shop and expanding  digital gold into real-world applications.

Björn Schmidtke, Chief Executive Officer of Aurelion, stated:  “We are at the start of a new financial paradigm defined by human-AI coexistence. Duncan reflects our commitment to building a secure, stable and intelligent financial infrastructure centered on digital gold (XAU₮) as AI Agents become active market participants. The launch of www.xaue.com/shop represents a meaningful step toward Aurelion’s mission.”

About Aurelion
Aurelion is NASDAQ’s first Tether Gold (XAU₮) Real World Asset (RWA) company focused on developing a business around tokenized gold. XAU₮ combines the stability of physical gold with the efficiency of blockchain, providing investors access to tokenized gold reserve that could serve as a safe haven to inflation, currency devaluation and crypto volatility. In parallel to building a business around the development of tokenized gold, Aurelion provides wealth management and asset management services.

Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements, although not all forward-looking statements contain these words. These statements are based on assumptions and assessments made by Aurelion in light of its experience and perception of historical trends, current conditions, future developments and other factors it believes appropriate. By their nature, forward-looking statements involve risk and uncertainty, because they relate to events and depend on circumstances that will occur in the future and the factors described in the context of such forward-looking statements in this announcement could cause actual results and developments to differ materially from those expressed in or implied by such forward-looking statements. Although it is believed that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct, and you are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this announcement.

Forward-looking statements are not guarantees of future performance. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: changes in the market for our products and services; our ability to access additional capital; our ability to attract and retain qualified personnel; changes in general economic, business and industry conditions; changes in applicable laws or regulations; expansion plans and opportunities; changes in the regulatory environment for crypto currencies and stablecoin ecosystems; changes in the price of digital assets, including XAU₮; changes in spot price of gold; changes in price correlation between stablecoins and their pegged assets, including XAU₮ and gold; risks associated with owning digital assets, including XAU₮, including price volatility, limited liquidity and trading volumes, relative anonymity, potential widespread susceptibility to market abuse and manipulation, compliance and internal control failures at exchanges and other risks inherent in its entirely electronic, virtual-form and decentralized network; the fluctuation of our operating results, including because we may be required to account for our digital assets at fair value; limitations in our ability to time the price of our purchase of digital assets; our potential subjection to corporate alternative minimum tax due to unrealized fair value gains on our digital asset holdings; legal, commercial, regulatory and technical uncertainty regarding digital assets and enhanced regulatory oversight of companies holding digital assets including the possibility that regulators reclassify any digital assets we hold, including XAU₮, as a security or a “cash item”, causing us to be in violation of securities laws and be classified as an “investment company” under the Investment Company Act of 1940; competition by other digital asset treasury companies, gold-related asset treasury companies, and the availability of financial products related to gold; the possibility of experiencing greater fraud, security failures or operational problems on digital asset trading venues compared to trading venues for more established asset classes, and any malfunction, breakdown or abandonment of the underlying blockchain protocols, or other technological difficulties, may prevent access to or use of such digital assets; elevation of rehypothecation risk in times of market condition changes as the XAU₮ we own may be rehypothecated; and from time to time when we hold our digital assets through a third-party custodian, the loss of direct control over our digital assets and dependence on the custodian’s security practices and operational integrity which may lead to the loss of its digital assets as a result of the insolvency of the custodian, theft by employees or insiders of the custodian or if the custodian’s security measures are compromised, including as a result of a cyber-attack. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. All information provided herein is as of the date of this presentation, and the Company undertakes no duty to update such information, except as required under applicable law.

Contacts
Investor Contact: ir@aurelion.com

Professor Edwin Tso Promoted to Chair Professor at City University of Hong Kong, Leading a New Journey in Electricity-Free Cooling Technology

SHENZHEN, China, March 6, 2026 /PRNewswire/ — City University of Hong Kong (CityUHK) recently announced that Professor Edwin Tso Chi-Yan, Associate Dean (Internationalization and Outreach) of the School of Energy and Environment and co-founder of i2Cool Limited, will be promoted to Chair Professor of Energy and Sustainability in July this year. This academic honor not only highlights Professor Tso’s outstanding achievements in building energy efficiency and green technology but also reflects his high recognition in the international academic community.

Ir. Prof Edwin Chi-Yan TSO
Ir. Prof Edwin Chi-Yan TSO

To date, the electricity-free cooling technology developed by Professor Tso’s research team at i2Cool has been commercialized and deployed in over 30 cities and regions worldwide, with more than 500 completed projects.

01 Academic Excellence: Recognizing Technological Contributions

In 2025, Professor Tso was elected as a Member of the Hong Kong Young Academy of Sciences and awarded the National Science Fund for Excellent Young Scholars in recognition of his exceptional contributions to scientific innovation and technology commercialization. In 2024, he received the Hong Kong Engineering Science and Technology Award from the Hong Kong Academy of Engineering Sciences and was elected as a Young Fellow of the Academy. The same year, he was appointed as a Research Fellow by the Research Grants Council (RGC), affirming his academic leadership in building energy technologies.

This recognition is no coincidence. Since 2020, Professor Tso has been consistently listed among Stanford University’s “World’s Top 2% Scientists.”

His academic influence is evident not only in honors but also in tangible research outcomes. Professor Tso has published over 100 papers in leading international journals, including Science, Nature Sustainability, Nature Communications, and Science Advances. Notably, his groundbreaking research on cooling ceramics was published in Science in 2023, drawing significant international attention.

Beyond academia, Professor Tso has filed nearly 20 patents, successfully translating these innovative technologies into commercially viable products.

02 Research Breakthroughs: From Nature-Inspired Discoveries to Industrial Innovation

Professor Tso’s research team drew key inspiration from the Saharan silver ant, whose unique hair structures enable exceptional solar reflectivity and mid-infrared emissivity, allowing it to survive extreme desert heat. Inspired by this, the team integrated materials science, optics, and thermodynamics to develop multi-component, multi-scale nanoparticle materials capable of efficiently reflecting solar radiation in the 0.25–2.5 μm range while emitting thermal radiation within the 8–13 μm atmospheric window.

The core of Passive Radiative Cooling (PRC) technology lies in leveraging high solar reflectance and mid-infrared emissivity to reflect sunlight and radiate heat into outer space, facilitating natural cooling of surfaces without electricity or refrigerants. This represents a genuinely zero-energy cooling solution.

03 i2Cool: Translating Research into Global Impact

In 2015, when Professor Tso began studying the cooling mechanism of the silver ant, it was difficult to foresee that this discovery would lead to a climate-tech enterprise contributing to global decarbonization. In 2021, under CityUHK’s HK Tech 300 innovation and entrepreneurship program, Professor Tso co-founded i2Cool Limited with Dr. Martin Zhu.

The company’s first commercialized product, the electricity-free cooling coating (i2Coating), achieves up to 95% solar reflectivity and high mid-infrared emissivity, surpassing traditional thermal insulation coatings that struggle to exceed 90% solar reflectance. i2Coating was officially launched in September 2022 for building applications, delivering sub-ambient cooling performance through effective solar reflection and thermal radiation.

04 Global Deployment: Technology Implementation and Measurable Impact

To date, i2Cool’s passive radiative cooling technology has been deployed in over 30 countries and regions, covering more than 800,000 square meters worldwide across over 500 projects. The company’s products have saved nearly 16 million kWh of electricity and reduced carbon emissions by over 15 million kilograms.

The technology’s application range continues to expand. In addition to the initial i2Coating, i2Cool has developed electricity-free cooling products such as i2Membrane and i2Film, addressing overheating challenges in rooftops and glass façades. The technology is being implemented in notable projects, including Dubai Mall, Hong Kong Coliseum, and volunteer stations for the 15th National Games of China.

05 Future Outlook: Leading Research and Industry Transformation

With Professor Tso’s promotion to Chair Professor of Energy and Sustainability, he will lead further explorations in electricity-free cooling technologies as a senior scholar in the School of Energy and Environment. Supported by Hong Kong’s Research, Academic and Industry Sectors One-plus (RAISe+) scheme, i2Cool is developing three next-generation materials: Passive Radiative Cooling Ceramics (PRCCs), Passive Radiative Cooling Pavement materials (PRCP), and Biodegradable Dual-Mode Thermal Management Textiles (Bio-DTMTs). These innovations aim to provide comprehensive electricity-free cooling solutions for buildings, roads, and personal thermal management.

i2Cool’s long-term vision is to establish a complete electricity-free cooling ecosystem centered on advanced material science and diversified commercial applications. In the context of global “dual carbon” goals, the company aims to leverage cutting-edge innovation to contribute meaningfully to energy efficiency and carbon reduction worldwide

CONTACT: i2Cool Limited, pr@i2cool.com