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CN Energy Subsidiary Pathenbot Signs Intelligent Cargo Sorting Services Order

CN Energy Subsidiary Pathenbot Launches Intelligent Robotic Cargo Sorting Services

LISHUI, China, May 22, 2026 /PRNewswire/ — CN Energy Group. Inc. (NASDAQ: CNEY) (“CNEY” or the “Company”) today announced that its wholly-owned subsidiary, Pathenbot Group Inc. (“Pathenbot”), has recently signed an intelligent cargo sorting services order, marking the commercial launch of the Company’s intelligent robotic cargo sorting services in the United States.

Under the agreement, Pathenbot will provide intelligent robotic sorting services, including barcode scanning, SKU recognition, cargo classification, order consolidation, and operational data support. The initial order covers 100,000 units of cargo sorting services.

This order marks the beginning of Pathenbot’s commercial deployment of its intelligent sorting robots, representing another significant milestone in Pathenbot’s continued expansion into smart logistics and warehouse robotics services.

Currently, the Company has deployed intelligent sorting robots across the western United States. Building on this success, the Company plans to further expand its intelligent sorting robot deployment into the central and eastern United States.

Mr. Wenhua Liu, interim CEO of CNEY, stated:

“This order marks the beginning of CNEY’s intelligent robotic cargo sorting operations in the United States, and represents a landmark milestone in CNEY’s strategic rollout of intelligent robotic cargo sorting services across the country.”

About CN Energy Group. Inc.

CN Energy Group. Inc. is currently listed on NASDAQ under the symbol “CNEY.” CNEY has pioneered and specialized in producing high-quality recyclable activated carbon from raw carbon materials, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental and ecologic benefits. CNEY’s products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. CNEY also develops and provides customizable robotics products, automation tools, and related software solutions for small and medium-sized industrial, logistics, and service businesses in North America. For more information, please visit the Company’s website at www.cneny.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally be identified by words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “plan,” “will,” “would,” and similar expressions. Forward-looking statements are based on current beliefs, expectations, and assumptions and are not guarantees of future performance.

These forward-looking statements include statements regarding the expected closing of the transaction, the expected benefits of the acquisition, and the Company’s strategic expansion plans. These statements are subject to risks and uncertainties, including those described under “Risk Factors” in the Company’s filings with the Securities and Exchange Commission, and actual results may differ materially, including if the parties do not enter into definitive agreements, required approvals are not obtained, or the Company is unable to integrate the business or realize the anticipated benefits of the transaction.

Forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to update them, except as required by law. Information on the Company’s website or social media is not incorporated by reference into this press release.

Yuchai’s Flywheel Range Extension Technology Arrives in Hong Kong SAR, Setting a New Benchmark for Green Mobility

SINGAPORE, May 22, 2026 /PRNewswire/ — China Yuchai International Limited (NYSE: CYD) (“China Yuchai International” or the “Company”), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited (“Yuchai”), today announced that a small batch of commercial minibuses equipped with Yuchai’s YCY24-65kW Flywheel Range Extender System (YC-FRS) has been launched by Wisdom Motor in Hong Kong SAR. The system delivers an efficient and eco-friendly propulsion solution for local transport across a wide range of operational conditions, while supporting the transition to more sustainable transportation in the Guangdong-Hong Kong-Macao Greater Bay Area.

Yuchai unveiled YC-FRS as an innovative power system designed for city transportation vehicles. This system features an innovative design that seamlessly integrates the flywheel and the engine crankshaft through a rigid coaxial configuration, combining the engine and alternator into one single unit.

Powered by a dual fuel–electric replenishment mode that removes the need for fixed charging infrastructure, the YC-FRS offers virtually unlimited range. This capability makes it particularly well–suited to the heavy traffic and frequent start-stop operational road conditions of Hong Kong SAR.

With this system, the engine consistently generates power under optimal operating conditions, making it compatible with small-displacement vehicle models and enabling fuel savings of up to 50% in congested urban traffic. Additional benefits include low operating noise, regenerative braking, and priority road access reserved for new energy vehicles. The YC-FRS also addresses challenges that pure electric powertrain systems face in the Hong Kong public passenger transport market including high acquisition costs, range anxiety, limited charging infrastructure, and battery degradation.

Weng Ming Hoh, President of China Yuchai International, commented, “The successful deployment of Yuchai’s flywheel range–extension system in Hong Kong SAR marks a significant step forward in advancing next–generation, new–energy powertrain technologies and strengthening collaboration across the industrial chain to deliver sustainable powertrain solutions to domestic and global markets. Our continued R&D efforts will help drive the low–carbon transformation of urban transportation and contribute to the future development of green mobility.”

About China Yuchai International

China Yuchai International, through its principal operating subsidiary, Guangxi Yuchai Machinery Company Limited (“Yuchai”), is one of the leading powertrain solutions manufacturers in China. Founded in 1951, Yuchai maintains a reputable brand name, a strong research and development team, and a significant market share in China. Yuchai specializes in the design, manufacture, and sale of light-, medium- and heavy-duty engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications. It delivers a comprehensive portfolio of powertrain solutions, spanning traditional diesel and natural gas engines to alternate fuels and new energy products, including pure electric, range extenders, hybrid, and fuel cell systems. Through an extensive network of regional sales offices and authorized customer service centers, Yuchai distributes engines directly to auto OEMs and distributors while providing after-sales services across China and globally. In 2025, Yuchai sold 461,309 engines and reported total revenue of RMB 24.6 billion. For more information, please visit http://www.cyilimited.com.

Safe Harbor Statement:

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements, including, but not limited to, statements concerning China Yuchai International’s and the joint venture’s operations, financial performance and condition, are based on current expectations, beliefs and assumptions which are subject to change at any time. China Yuchai International cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in China, including those discussed in the Company’s Form 20-Fs under the headings “Risk Factors”, “Results of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date they are made and China Yuchai International specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.

For more information:

Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: cyd@bluefocus.com

AppliedAI and McKinsey & Company collaborate to rapidly rewire regulated enterprise processes with AI

  • The collaboration pairs McKinsey’s transformation expertise, including QuantumBlack, with Opus, AppliedAI’s Agentic Process Execution (APX) platform, to deploy governed, auditable workflows in regulated industries.
  • A joint deployment with a leading European chemicals manufacturer cut a two-week vendor onboarding process to under five minutes of active processing, with a 99 percent-plus reduction in manual effort.

ABU DHABI, UAE and NEW YORK, May 22, 2026 /PRNewswire/ — AppliedAI and McKinsey & Company announced their collaboration to help regulated enterprises rewire mid- and back-office operations with agentic AI. The partnership combines McKinsey’s end-to-end transformation capability, including the technical depth of QuantumBlack, with Opus, AppliedAI’s Agentic Process Execution platform. The collaboration focuses on regulated industries and business process operations.

McKinsey & Company and AppliedAI collaborate to rapidly rewire regulated enterprise processes with AI.
McKinsey & Company and AppliedAI collaborate to rapidly rewire regulated enterprise processes with AI.

McKinsey research shows that 62 percent of organisations are experimenting with AI agents, but only 23 percent have scaled an agentic system inside their enterprise. The constraint is no longer model capability. It is execution: the ability to translate model capability into governed, auditable, production-grade workflows that hold up under regulatory scrutiny. This collaboration is built to close that gap, compressing the path from transformation strategy to operating workflow from months to weeks.

Opus enables organisations to discover, build, run, optimise, and govern agentic workflows, with a persistent enterprise memory layer that turns each deployment into compounding institutional intelligence. The platform is model-agnostic, orchestrates work across existing enterprise systems, and is designed for business stakeholders, not only technical teams, to own and evolve the workflows that run their operations, reflecting a broader shift toward putting AI capability in the hands of the people closest to the work.

The collaboration combines McKinsey’s domain and change management expertise, and Quantum Black’s technical depth with Opus’ capabilities to help clients rapidly re-imagine and deploy agentic enterprise workflows. Under the collaboration, McKinsey leads the identification and reimagination of high-friction workflows, engaging business and technical stakeholders in new ways made possible through Opus, and embeds the governance and operating model changes required to run agentic systems at scale. AppliedAI provides the platform on which those reimagined workflows are built, deployed, and continuously improved. The combined offering is designed to accelerate time-to-value and lift the return on agentic process transformation.

“Our collaboration with AppliedAI addresses the need for an agentic solution for mid and back-office workflows. It also introduces new tools that support the enterprise AI roadmap, rapidly uncovers business requirements and re-imagines workflows that accelerate our AI efforts. This gives clients a governed, auditable path from transformation strategy to operational workflow in weeks not months,” says Ben Ellencweig, Global Lead for QuantumBlack Partnerships and Alliances, McKinsey & Company.

Demonstrated impact

In a joint deployment with a leading European chemicals manufacturer operating under stringent regulatory requirements, McKinsey and AppliedAI used Opus to transform a vendor onboarding process that had been manual, slow, and error-prone, with data fragmented across systems and progress dependent on repeated follow-ups. By automating data capture, compliance checks, and counterparty communications, the joint effort delivered:

  • A 99 percent-plus reduction in manual processing effort
  • Cycle time compressed from approximately two weeks to under five minutes of active processing
  • Materially improved data accuracy, compliance posture, and real-time process visibility

The collaboration is designed to repeat this pattern at scale across regulated industries: identify the workflows where friction is most expensive, reimagine them with the process owners who run them, and rapidly deploy governed agentic processes into production.

“Enterprises spend trillions globally on work that is necessary but procedural. We built Opus from first principles for the agentic enterprise, turning decades of process knowledge, trapped in documents, tribal memory, and legacy systems, into governed, production-ready workflows in minutes. Partnering with McKinsey is how we bring that reimagination to regulated industries at the scale they actually need, from financial services in New York and London to industrials in Frankfurt to sovereign-scale programmes in the Gulf.”

— Arya Bolurfrushan, Founder and CEO, AppliedAI

“The AI transformations are often launched with a large ambition. But ambition without execution creates frustration, not value. This collaboration delivers what our clients are asking for: a way to rewire their operations with AI that is governed, auditable, fast. It brings AI to the P&L of the organisations.“

— Abdellah Iftahy, Senior Partner, McKinsey & Company; EEMA Business Building Practice Leader, Middle East

About AppliedAI

AppliedAI is the UAE’s AI champion and a global enterprise AI company building Opus, the Agentic Process Execution (APX) platform that lets regulated enterprises discover, build, run, and optimise governed agentic workflows. Headquartered in Abu Dhabi, AppliedAI serves clients across the Americas, Europe, the Middle East, and Asia. Learn more at opus.com.

About McKinsey & Company

McKinsey is a global management consulting firm committed to helping organizations accelerate sustainable and inclusive growth. We work with clients across the private, public, and social sectors to solve complex problems and create positive change for all their stakeholders. We combine bold strategies and transformative technologies to help organizations innovate more sustainably, achieve lasting gains in performance, and build workforces that will thrive for this generation and the next. Visit www.mckinsey.com for more.

McKinsey has a financial interest linked to the performance of AppliedAI. This press release is for informational purposes only and is not – and may not be relied on in any manner as – legal, tax, or investment advice or as an offer to sell or as solicitation of an offer to buy any interest in any member of the AppliedAI corporate group.

Three Lao Nationals Among Four Arrested at Nong Khai Agarwood Site

Three Lao nationals and one Vietnamese national detained for illegal work in Thailand’s Nong Khai Province. 20 May 2026. (Photo: Nong Khai News)

On 20 May, Thai authorities arrested three Lao nationals and one Vietnamese national for working without valid permits at an agarwood processing site in Nong Khai Province, a border province directly across from Vientiane.

According to local media, Nong Khai Immigration Police raided row houses in Khai Bok Wan subdistrict following tip-offs about illegal agarwood processing involving foreign laborers. They found the four workers sorting, processing, and packing agarwood into plastic bags for export to Laos.

The three Lao nationals, Yoth Mongkansa, Peun, and Dido Xayyalath, all aged 17,  had entered Thailand via the 1st Lao-Thai Friendship Bridge a day earlier. Vietnamese national Phan Van Hieu, 31, had crossed at the same entry point on 21 April. 

None held valid Thai work permits. The Lao workers stated they were paid THB 400 (approximately USD 12.20) per day.

Phan Van Hieu told police that the employers, identified as Vietnamese and Lao investors, had provided separate living quarters adjacent to the worksite, but were absent during the raid, having reportedly returned to Laos days earlier.

All four face charges of working without valid work permits and are being processed at Nong Khai Police Station. 

Authorities are separately pursuing the employers for knowingly hiring foreign workers without permits.

The building’s owner, identified as Somsuk, told police he had rented the property from 2 April at THB 12,000 (USD 367) per month, under the understanding the tenants would use it as a warehouse for three months.

Authorities seized a large quantity of agarwood and chemical containers, while investigations into their origin, ownership, and those responsible remain ongoing.

HKCSS “S+ Summit 2026” Navigating the Future – Tech for Good & Co-creation


HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – Amid rapid social, economic, and environmental changes, Hong Kong faces significant challenges such as demographic shifts and economic transformation, while also encountering development opportunities through technological advancements and regional integration. Collaborative efforts across all sectors are essential to build a sustainable and livable Hong Kong with innovative ideas and solutions.

The Hon Grace CHAN Man-yee, Chief Executive of HKCSS, Mr Angus ZHU, Architect, Technology Architecture Department, Tencent Sustainable Social Value Organization (SSV), Mr HO Kai Ming, JP, Under Secretary for Labour and Welfare of HKSAR, The Revd Canon Hon Peter Douglas KOON Ho-ming, SBS, JP, Chairman of HKCSS, Mr David Spriggs, Chief Executive Officer, Infoxchange, The Hon Duncan CHIU, Legislative Council Member (Technology and Innovation) of HKSAR.
The Hon Grace CHAN Man-yee, Chief Executive of HKCSS, Mr Angus ZHU, Architect, Technology Architecture Department, Tencent Sustainable Social Value Organization (SSV), Mr HO Kai Ming, JP, Under Secretary for Labour and Welfare of HKSAR, The Revd Canon Hon Peter Douglas KOON Ho-ming, SBS, JP, Chairman of HKCSS, Mr David Spriggs, Chief Executive Officer, Infoxchange, The Hon Duncan CHIU, Legislative Council Member (Technology and Innovation) of HKSAR.

The Hong Kong Council of Social Service (HKCSS) organized “S+ Summit 2026” today. Under the theme of “Tech for Good”, offering a multiple perspective towards how technological advancement is reshaping social development while examining the challenges and opportunities facing social sustainable development. Over 700 participants from technology enterprises, charitable foundations, policy research institutes, social service organizations, and social enterprises, to engage in cross-disciplinary dialogue. By fostering “Tech for Good and Co-creation”, HKCSS aspire to build a robust ecosystem, accelerating digital transformation within the social service sector to collectively address the evolving needs of sustainable social development.

The Revd Canon Hon Peter Douglas KOON Ho-ming, SBS, JP, Chairperson of HKCSS, stated: “Driven by the wave of AI and data application, we understand how digital transformation creates both opportunities and challenges to social welfare sector. The annual flagship initiative “S+ Summit” is to promote technology empowerment, resource matching for the organizations, in a way to rebuild their competitive edge, enhancing service efficiency to align with China’s 15th Five-Year Plan, forging a new path of social development.”

Mr HO Kai Ming, JP, Under Secretary for Labour and Welfare of HKSAR, stated “The SAR Government has always attached great importance to, and actively promoted, the application of innovation and technology in social welfare services. Advanced technology should not only serve as a tool for enhancing efficiency, but can also be used to address social issues and promote the public good. Let us harness the power of technology to work together in building a harmonious, stable, caring and inclusive society.”

Mr Angus ZHU, Architect, Technology Architecture Department, Tencent Sustainable Social Value Organization (SSV) and Mr David Spriggs, Chief Executive Officer, Infoxchange Australia are invited as speaker of Keynote Speech: “Tech-Driven Future: Key Dynamics for Digital Transformation in Social Service Organizations”. They shared the successful cross sector collaboration case from domestic and international market, examined how social service organizations can leverage frontier technologies like Big Data and Artificial Intelligence, mastering the key dynamics and performance metrics to accelerate digital transformation. The Hon Duncan CHIU, Legislative Council Member (Technology and Innovation) of HKSAR, moderated the panel discussion to facilitate deep exchange of insights with the two speakers.

The “S+ Summit 2026”, features symposium, roundtable and workshop sessions, explore the pivotal driving roles of AI and big data in digital transformation, service innovation, strategic philanthropy, and future skills training. A new addition this year, the “Tech Clinic Free consultation” feature professionals from Hong Kong, Chinese Mainland and Singapore, providing one‑on‑one consultation on digital strategy and transformation, and case discussion.

The successful conclusion of “S+ Summit 2026” marks a new milestone in deepening the collaboration between social welfare and technology and innovation sector. HKCSS will continue to act as a catalyst for social transformation by practicing “Tech for Good” to connect with more social resources with technical expertise, to help the sector seize technological opportunities and improve people’s well-being, working together to build a more resilient, inclusive, and sustainable society.”

Hashtag: #HKCSS

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

About ‘S+ Summit’

The “S+ Summit and Expo” is the annual initiative of the The Hong Kong Council of Social Service (HKCSS). It brings together the stakeholders from different sectors to discuss local and regional social issues under the framework of the Sustainable Development Goals (SDGs). We hope that “S+” can promote stakeholder collaboration (Synergy), create social impact (Social Impact), and promote Hong Kong’s sustainable development (Sustainability).

Yeebo Ramps Up AI Computing Expansion with Subsidiary Suanova’s TaaS Rollout at Cyberport

Setting a New Benchmark for Domestic AI Computing Services


HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – Yeebo (International Holdings) Limited (“Yeebo”; Stock Code: 00259.HK, together with its subsidiaries, the “Group”) is pleased to announce that its wholly-owned subsidiary, Suanova Technology Limited (“Suanova”), has officially established a presence at Hong Kong Cyberport (“Cyberport”) and launched its domestic Token-as-a-Service (“TaaS”) business. This milestone marks a significant strategic step in the Group’s accelerated expansion into the fast-growing AI computing services sector.

Powered by Cyberport to Build a New AI Computing Services Hub

Leveraging Cyberport’s robust technological infrastructure and vibrant innovative ecosystem, Suanova is well-positioned to fully capitalize on Hong Kong’s role as a strategic gateway and the unique advantages of the Greater Bay Area, accelerating the rapid growth of its TaaS business. As Hong Kong’s digital technology hub and AI accelerator, Cyberport is home to a thriving community of over 2,300 companies, encompassing a diverse range of technology enterprises and industrial resources. It enables Suanova to connect seamlessly across the AI value chain and engage with a wide base of potential clients, creating a highly competitive platform for scalable business growth while further expanding its reach in the AI computing services market.

One-Stop TaaS Platform Accelerates AI Commercialization

Powered by its proprietary domestic heterogeneous computing infrastructure, Suanova has built a unified, high-efficiency API service system that delivers cost-effective, locally optimized large model solutions for enterprises. Through flexible and scalable service capabilities, Suanova empowers enterprises to rapidly develop AI applications and intelligent agents, accelerating commercialization and deployment. Its cube-router.com platform transforms AI computing resources into on-demand, ready-to-use services, ushering in a new era of “TaaS”. This significantly lowers barriers to AI adoption while enabling digital and intelligent transformation at scale.

“We are pleased to see Suanova successfully establish its presence at Hong Kong Cyberport. Backed by Cyberport’s solid resource foundation, supportive government policies and resources, and extensive corporate network, Suanova is well equipped to drive strong growth. Looking ahead, we will leverage Cyberport’s infrastructure and ecosystem to accelerate commercialization and scale our business, strengthening our footprint in the Asia-Pacific computing services market,” said Mr. Chen Da-liang, CEO of Suanova.

Sharing Industry Insights at Cyberport Forum

Today, Suanova was invited to participate in Cyberport’s “Insight Exchange”「洞察交流」forum, joining the panel discussion titled “The Future of AI Chips: Why Hardware Diversity Fuels Innovation”「AI 晶片新未來:多元硬件赋能無限創新」. During the session, Mr. Gu Meng, Senior Vice President of Suanova, shared key insights and practical experience on how AI chip hardware empowers industrial innovation and engaged in discussions on emerging AI trends with industry peers. This participation further enhanced Suanova’s market visibility while strengthening collaboration with Cyberport and ecosystem partners.

Shanghai Cube Drives Computing Efficiency and Expands Industry Applications

Suanova continues to advance high-performance computing infrastructure through its flagship product, Shanghai Cube – a fully domestic, high-density computing system engineered from the ground up. By decoupling the design and manufacturing within its integrated hardware-software architecture, Shanghai Cube consolidates innovations from leading domestic technology providers into a unified, scalable platform. It features comprehensive integration and optimization of key hardware and software components, including domestic high-performance GPU chips, network switching chips, liquid cooling systems, operating systems, and orchestration platforms, delivering a best-in-class, plug-and-play solution. Notably, Shanghai Cube features a high-density architecture capable of supporting up to 128 GPU modules within a single standard cabinet, significantly surpassing the typical domestic configuration of 32 GPUs. This makes it ideally suited to space-constrained environments such as Hong Kong. With utilization rates consistently exceeding 90%, it delivers outstanding operational efficiency and cost effectiveness.

Shanghai Cube exemplifies Suanova’s end-to-end capabilities through its “Super Integration” model, offering a one-stop enterprise solution spanning cloud and compute services, private deployments, as well as AI model and application development. Beyond AI infrastructure, Shanghai Cube is expanding into broader industries, including healthcare and banking and finance services, with solutions already rolling out. Building on this momentum, Suanova considers leveraging Shanghai Cube’s platform and ecosystem strengths to drive the next phase of TaaS growth.

“Looking ahead, we are scaling decisively in AI computing to unlock the full potential of Suanova’s integrated technology and platform capabilities. As AI adoption accelerates, computing power is emerging as the key driver of the next industrial transformation. We are not just participating – we are leading. By strengthening our ecosystem, sharpening our competitive edge, and deepening strategic partnerships, we are well-positioned to seize this once-in-a-generation opportunity – establishing Yeebo and Suanova as leaders in next-generation domestic AI computing services while helping shape the future of the global digital economy,” said Mr. Fang Yan Tak, Douglas, Chairman of Yeebo.

Hashtag: #Yeebo

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

About Yeebo (International Holdings) Limited

Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company with a well-established presence in the global market. The Company’s core business spans flat panel displays, computing power and capacitors, serving a broad spectrum of industrial and consumer applications. Headquartered in Hong Kong, Yeebo operates its manufacturing operations primarily in the Guangdong and Jiangsu provinces, supporting a global sales network that ensures localized service and support for its international clientele.

In alignment with its long-term strategic vision, Yeebo is leveraging its robust operational foundation to expand into the Artificial Intelligence (“AI”) compute and related sectors. This initiative reflects the Company’s commitment to innovation and technological advancement, with the objective of positioning Yeebo as a leading and influential participant in the rapidly evolving AI industry across mainland China and Hong Kong.

About Suanova Technology Limited

Suanova, under Yeebo, is an innovative technology company focused on delivering independent, efficient, and accessible domestic AI computing services. Its business spans three core areas: computing power and cloud operations, computing technology development and computing industry investment. With branches in Hong Kong and Shanghai, it provides customers with better localized services. It is committed to transforming complex AI infrastructure into simple, efficient, and cost‑effective services through continuous technological innovation, with the goal of becoming a leading “infrastructure operator” in the AI era.

Nine industry leaders including Hyundai Motor Group sign landmark hydrogen MOU to drive Hong Kong’s green economy (with photos)


HONG KONG SAR – Media OutReach Newswire – 22 May 2026 – At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding (MOU) on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy.

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows (from left) Senior Vice President (Sustainability) for Technology, Innovation and Entrepreneurship of Invest Hong Kong (InvestHK), Ms Olivia To; the Director-General of Investment Promotion of InvestHK, Ms Alpha Lau; Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin; Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Global Head of Financial Services, Fintech & Sustainability of InvestHK, Mr King Leung; and Senior Vice President, Transport, Logistics and Industrials of InvestHK, Ms Bonnie Ho, at the symposium.
At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy. Photo shows (from left) Senior Vice President (Sustainability) for Technology, Innovation and Entrepreneurship of Invest Hong Kong (InvestHK), Ms Olivia To; the Director-General of Investment Promotion of InvestHK, Ms Alpha Lau; Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin; Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Global Head of Financial Services, Fintech & Sustainability of InvestHK, Mr King Leung; and Senior Vice President, Transport, Logistics and Industrials of InvestHK, Ms Bonnie Ho, at the symposium.

This multi-party signing was officiated by Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung; the Acting Secretary for Environment and Ecology, Miss Diane Wong; the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying; and the Director-General of Investment Promotion of Invest Hong Kong (InvestHK), Ms Alpha Lau.

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau, delivering a speech.
At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy. Photo shows the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau, delivering a speech.

Spearheaded by Hyundai Motor Group, the MOU establishes a collaborative framework to build a comprehensive, self-sustaining hydrogen ecosystem in Hong Kong, targeted to be fully operational by the end of 2030. The collaboration will prioritise the development of waste-to-hydrogen technologies to convert landfill gas into clean energy, along with an immediate focus on piloting a liquefied hydrogen refuelling infrastructure. To enable full value chain integration, it also targets the deployment of customised hydrogen fuel cell commercial vehicles, including tour and airport shuttle buses.

Through facilitating public-private partnerships and inter-governmental collaboration, InvestHK is supporting Hyundai Motor Group and its partners to implement go-to-market strategies aligned with the shared vision for hydrogen ecosystem building.

This partnership will also position Hong Kong as a strategic base for Hyundai Motor Group’s hydrogen business expansion across the Asia-Pacific region.

Miss Wong said, “This collaboration marks a significant milestone in developing tangible, on-the-ground hydrogen applications to accelerate the green transition towards carbon neutrality. By combining Korea’s world-class technological capabilities with Hong Kong’s strategic urban context, Hong Kong could serve as an exceptional international demonstration platform for showcasing green and low-carbon technologies. If these cutting-edge innovations could be applied and scaled up successfully here, it will serve as a positive model and provide highly viable options for reference by modern cities worldwide.”

Ms Lau said, “Today’s multi-party signing is both a landmark moment for Hong Kong’s green economy and a clear signal that the city’s hydrogen ecosystem is gaining real traction. Over the past three years, InvestHK has helped leading hydrogen enterprises establish themselves in Hong Kong, several of which have since listed on the Hong Kong Stock Exchange, raising over $2.5 billion in total. For businesses with global green ambitions, Hong Kong is where business growth takes shape.”

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows the Acting Secretary for Environment and Ecology, Miss Diane Wong, delivering a speech.
At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy. Photo shows the Acting Secretary for Environment and Ecology, Miss Diane Wong, delivering a speech.

Executive Vice President and Head of Energy & Hydrogen Policy Sub-Division at Hyundai Motor Group, Mr Seung Kyu-shin, said, “This MOU was signed as Hyundai Motor Group’s commitment to advancing Hong Kong’s proactive hydrogen policies and driving the acceleration of its hydrogen ecosystem utilising the Group’s hydrogen business capability and experience. Starting with Hong Kong, we look forward to expanding our collaboration and business opportunities across the broader Asia-Pacific hydrogen market.”

At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong - including Hyundai Motor Group - signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city's green economy. Photo shows Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung (back row, second right); the Acting Secretary for Environment and Ecology, Miss Diane Wong (back row, second left); the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying (back row, first left); and the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau (back row, first right), witnessing the signing.
At the International Hydrogen Development Symposium 2026 today (May 18), nine pioneering companies from Korea, the Chinese Mainland, France, and Hong Kong – including Hyundai Motor Group – signed a landmark Memorandum of Understanding on hydrogen ecosystem building, marking a major step toward advancing the city’s green economy. Photo shows Deputy Minister for Territorial and Urban Policy at Ministry of Land, Infrastructure and Transport of the Republic of Korea, Mr Jeong Eui-kyung (back row, second right); the Acting Secretary for Environment and Ecology, Miss Diane Wong (back row, second left); the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying (back row, first left); and the Director-General of Investment Promotion of Invest Hong Kong, Ms Alpha Lau (back row, first right), witnessing the signing.

Partners entering into this MOU include Hyundai Motor Company and Hyundai Engineering & Construction from Hyundai Motor Group, China Inspection Co Ltd, Chun Wo Bus Services Limited, Chun Wo Construction & Engineering Company Limited, Jiangsu Guofu Hydrogen Energy Equipment Co Ltd, JEA ENG, Templewater Limited, the Hong Kong and China Gas Company Limited, and Veolia Hong Kong Holding Limited.

This multi-party, long-term collaboration is set to establish a robust, end-to-end hydrogen industry chain – spanning production, storage, transportation, refuelling and utilisation.

New energy is vital to Hong Kong’s Climate Action Plan 2050 and the national dual-carbon goals. As set out in the Chief Executive’s 2025 Policy Address, Hong Kong will establish public hydrogen filling facilities on Hong Kong Island and in Kowloon, press ahead with more hydrogen trial projects, and develop the GBA Hydrogen Corridor in collaboration with Guangdong Province. The Hong Kong Special Administrative Region Government is actively advancing hydrogen development through technological innovation, talent cultivation, ecosystem building, and regional co-ordination. To date, over 30 hydrogen trial projects have been greenlit, paving the way not only for decarbonisation targets, but also for unlocking new quality productive forces for green economic growth.
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About InvestHK

Invest Hong Kong (InvestHK) is the investment promotion agency of the Government of the Hong Kong Special Administrative Region (HKSAR).

Museum: A Bridge Connecting the World — The 2026 International Museum Day China Main Venue Event Held in Hohhot


HOHHOT – Media OutReach Newswire – 22 May 2026 – From May 17 to 19, 2026, Hohhot, Inner Mongolia, proudly hosted the China main venue event for International Museum Day, centered around the theme “Museum: A Bridge Connecting the World.” Situated at the eastern gateway of the Grassland Silk Road and a key point along the Ancient Tea Horse Road, Hohhot has long served as a vital commercial and cultural crossroads linking the grasslands with China’s Central Plains, as well as connecting China with Russia, Mongolia, and the broader Eurasian region. Historically a hub for East-West cultural exchange, Hohhot continues to play a significant role as a northern gateway in China’s opening-up strategy. By hosting this prestigious national cultural event, China reaffirms its commitment to fostering intercultural dialogue through museums, enhancing the sense of shared identity among the Chinese people, and promoting mutual learning and exchange between China and the international community.

May 18, the opening ceremony of the main venue was held at the Inner Mongolia Museum, attracting a large gathering of people from all walks of life with enthusiastic responses. Photo by Zhang Zihe
May 18, the opening ceremony of the main venue was held at the Inner Mongolia Museum, attracting a large gathering of people from all walks of life with enthusiastic responses. Photo by Zhang Zihe

The event was jointly organized by the National Cultural Heritage Administration and the People’s Government of Inner Mongolia Autonomous Region. It brought together over 500 participants, including leaders from the museum and cultural heritage sectors, experts, scholars, and international guests, to explore innovative directions for museum development.

In recent years, Hohhot’s museum sector has experienced rapid growth, marked by continuous enhancements in public cultural service capabilities. The city has established a well-planned and distinctive museum system. The Hohhot Museum has pioneered a “one main museum with six branches” model, integrating premier institutions such as the Zhaojun Museum and the General’s Yamen. This approach has enabled the city to consistently present high-quality exhibitions, positioning museums as vital platforms for showcasing the cultural exchanges and integration among diverse ethnic groups, as well as promoting China’s rich traditional heritage.

The opening ceremony on May 18 at the Inner Mongolia Museum highlighted China’s museum achievements since the 14th Five-Year Plan, shared key cultural heritage updates, and emphasized museums’ role as bridges connecting history and the present, China and the world, and the hearts of all ethnic communities.

During the event, three major exhibitions were launched simultaneously. The Heaven and Earth in Harmony: Exhibition of Ancient Chinese Music Culture, the Rivers and Mountains Shining: The Historical and Cultural Display of Hohhot, and the Radiance of Gold and Jade: Colorful China. Featuring nearly 300 exquisite bronze, gold, jade, and stone artifacts from numerous cultural institutions nationwide, these exhibitions span 8,000 years of heritage and vividly illustrate the rich diversity and unity of Chinese civilization, as well as the history of ethnic integration and coexistence.

One of the exhibits in the Radiance of Gold and Jade: Colorful China temporary exhibition hall at the Inner Mongolia Museum
One of the exhibits in the Radiance of Gold and Jade: Colorful China temporary exhibition hall at the Inner Mongolia Museum

Alongside the exhibitions, main and youth forums convened domestic and international experts and scholars to engage in in-depth discussions on industry development, international collaboration, and related topics, infusing fresh insights and youthful enthusiasm into the ongoing advancement of museums. On the evening of the 18th, the “Museum Night” immersive performance debuted at Dazhao Square, blending ethnic art, intangible cultural heritage skills, and light and shadow effects to vividly showcase the captivating fusion of the three major cultures of the grasslands, the Yellow River, and the Great Wall.

Building on the momentum of the main event, Hohhot also launched the 2026 “Museum Season,” featuring a series of exhibitions, educational tours, and cultural tourism routes extending through the National Day holiday. This initiative fosters deeper integration between cultural heritage and the tourism industry, making cultural treasures more accessible to the public.

From its historic role as a hub on the Grassland Silk Road to its current status as a platform for civilizational dialogue, Hohhot’s high-caliber cultural offerings showcase the unique qualities and openness of Chinese civilization. The city’s museums truly serve as enduring bridges connecting China with the world and facilitating meaningful global exchanges.

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