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Coway Launches Airmega Mighty2, Earns iF and Red Dot Design Awards 2026

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The next-generation version of Coway’s best-selling Airmega Mighty combines award-winning design with top performance recognition from Wirecutter

LOS ANGELES, July 3, 2026 /PRNewswire/ — Coway, the leading wellness tech company, today announced that its new flagship air purifier, the Airmega Mighty2 (AP-1512N), has received both the iF Design Award 2026 and the Red Dot Design Award 2026, recognizing its balance of modern design and functional innovation.

 

The new Coway Airmega Mighty2 is highly recommended for modern homes for its award-winning design and advanced 3-stage filtration system.

The Airmega Mighty2 is the next-generation version of Coway’s best-selling The Airmega Mighty AP-1512HH, one of the most widely recommended air purifiers in its category. Building on over a decade of proven performance, the Mighty2 introduces enhanced filtration, smarter controls, and a refined design for today’s home. Introduced in March 2026, the Airmega Mighty2 has quickly earned recognition from both leading design programs and product reviewers, including top honors from the iF Design Award, Red Dot Design Award, and a “Top Pick” designation from Wirecutter.

Product highlights include:

  • Large-room coverage: Cleans spaces up to 1,800 square feet in one hour
  • Advanced filtration: 3-stage system with a 45% larger carbon filter and 20% larger HEPA filter
  • Air quality monitoring: MegaScan™ Laser Sensor detects particles across PM1, PM2.5, and PM10, providing real-time air quality readings
  • Recognized performance: Named the “Top Pick” in Wirecutter’s Best Air Purifiers of 2026

The Mighty2’s award-winning design maintains the original model’s compact form while improving usability. A redesigned side-access pre-filter allows users to remove and clean the washable filter without moving the unit, addressing a common pain point in home maintenance.

In addition to its design recognition, the Mighty2 builds on the performance reputation of the original model, with improvements in energy efficiency, noise levels, and ease of use.

Additional features include:

  • Filter Replacement Indicator: Displays remaining filter life and alerts users when cleaning or replacement is needed
  • Multiple performance modes: Smart, Turbo, Sleep, and Eco settings to balance air quality, noise, and energy use
  • Light sensor integration: Automatically switches to Sleep mode in dark environments for quieter nighttime operation

The Airmega Mighty2 is available now in White and Beige at Cowaymega.com and Amazon. To learn more about Coway’s award-winning purification technology, visit Cowaymega.com.

About Coway
Coway (S. Korea: KRX 021240) is the leading wellness tech company behind award-winning product lines including Airmega air purifiers and Bidetmega for bathrooms. Coway was founded in Korea in 1989 and has maintained an obsession with home health for over three decades. The company has grown into a global leader in intensive research, engineering and innovation, amassing more than 5,628 intellectual property rights for its proprietary technology. The Airmega Mighty AP-1512HH and the Airmega 200M have been part of Wirecutter’s Top Picks for 10 years and have won multiple awards from respected outlets, like Parents, GQ, Apartment Therapy, and more.

The Coway R&D Center is Asia’s largest lab dedicated to air, water and sleep technologies. A team of over 300 researchers collaborate there to design, develop and test cutting-edge products that help people live healthier. Coway’s U.S. headquarters is located in Los Angeles, California. For more information, visit https://cowaymega.com or http://newsroom.coway.com.

TIMEX GROUP TAKES FULL OWNERSHIP OF DANIEL WELLINGTON

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Strategic milestone reinforces commitment to accelerating the global watch and jewelry brand

SHELTON, Conn., July 2, 2026 /PRNewswire/ — Timex Group today announced it has completed its acquisition of Daniel Wellington, bringing the globally recognized watch and jewelry brand fully into the Timex Group portfolio. The milestone follows Timex Group’s initial 25 percent investment three years ago and positions the company to increase investment in Daniel Wellington’s next phase of growth through product innovation, brand building, and expanded global capabilities.

Timex Group has been invested in and working alongside Daniel Wellington for the past three years. During that period, the companies have worked closely together across product development, sourcing, brand storytelling, and commercial operations. Timex Group has been impressed by the Daniel Wellington team, the quality of the product they have launched, and the progress they have made in bringing the brand back to growth.

That progress has given Timex Group confidence in the opportunity ahead. With 100 percent ownership, Timex Group will increase investment in Daniel Wellington and provide its global capabilities, operating infrastructure, and brand-building expertise to further accelerate the brand’s exciting growth story.

“We have been invested in and working with Daniel Wellington for three years and the more closely we have worked with the team, the more confidence we have gained in the brand’s potential,” said Tobias Reiss-Schmidt, President and Chief Executive Officer of Timex Group. “We have been impressed by the team, by the beautiful product they have launched, and by the progress they have made in bringing Daniel Wellington back to growth. Now that we own 100 percent of the brand, we are increasing our investment and bringing the full strength of Timex Group’s global capabilities and infrastructure to help further accelerate this exciting growth story.”

Daniel Wellington will continue to operate as a distinct brand within Timex Group, preserving the Scandinavian minimalistic design heritage, unique style, and direct connection with consumers that have defined its global success. The brand will continue to evolve while benefiting from Timex Group’s expertise in design, product development, sourcing, manufacturing, distribution, digital consumer engagement, and brand building.

Full ownership of Daniel Wellington further advances Timex Group’s strategy of building and growing a portfolio of distinctive global brands with enduring consumer relevance and unique storytelling. Daniel Wellington strengthens the company’s position in design-led watches and jewelry while demonstrating the group’s ability to unlock the long-term potential of iconic brands through its global operating platform.

“When I founded Daniel Wellington, the goal was to create a brand that made timeless design feel personal, stylish, and accessible,” said Filip Tysander, Founder of Daniel Wellington. “Watching it grow into a globally recognized brand has been an incredible journey. What matters most to me is that the brand continues to evolve without losing what made it special in the first place. Timex Group has shown a genuine respect for Daniel Wellington’s identity while bringing the experience and scale to help it continue to grow. I am proud of what our team has built, grateful to everyone who has been part of the journey, and confident the brand will continue to thrive in its next chapter.”

Financial terms of the transaction were not disclosed.

CONTACT: patricia.rappaport@civic-us.com

Innoscience Secures Removal of Court-Enjoined Infineon GaN Products from Display at electronica China 2026

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SHANGHAI, July 2, 2026 /PRNewswire/ — Infineon Technologies was forced to remove certain gallium nitride (GaN) products from its exhibition booth at electronica China 2026 after the products were identified by Innoscience as being subject to a Chinese court injunction prohibiting their sale, offer for sale, and importation in mainland China. The removal took place during the exhibition following intervention by the on-site intellectual property dispute mediation authorities.

Court Previously Found Patent Infringement and Issued Immediate Injunction

The dispute stems from patent litigation initiated by Innoscience in late 2024 before the Suzhou Intermediate People’s Court against Infineon Technologies (China) Co., Ltd., Infineon Technologies (Wuxi) Co., Ltd., and related distributors, alleging infringement of two core GaN invention patents.

On May 27, 2026, the Suzhou Intermediate People’s Court issued its first-instance judgment, finding that Infineon had infringed Innoscience’s two invention patents covering GaN technology. The court ordered Infineon to immediately cease the sale, offer for sale, and importation of the infringing products and awarded Innoscience RMB 10 million in damages.

At the same time, the court issued two preliminary injunctions requiring the immediate suspension of the sale, offer for sale, and importation of the accused products pending the final effectiveness of the judgment.

China’s Supreme People’s Court Upheld the Injunction

Infineon subsequently applied to the Supreme People’s Court of China for reconsideration of the preliminary injunctions.

On June 12, 2026, the Supreme People’s Court rejected Infineon’s applications in their entirety and upheld the injunctions issued by the Suzhou Intermediate People’s Court.

As a result, the injunctions remain in full force, and the relevant GaN products covered by the court orders are prohibited from being sold, offered for sale, or imported into mainland China. Under the applicable legal procedures, the Supreme People’s Court’s reconsideration decision is final.

Court-Enjoined Products Displayed at electronica China

Less than three weeks after the Supreme People’s Court upheld the injunctions, Infineon displayed GaN products covered by the court orders at electronica China, which opened in Shanghai on July 1, 2026.

After identifying the products at the exhibition, Innoscience submitted a complaint to the on-site representatives of the Shanghai Pudong Intellectual Property Dispute People’s Mediation Committee, requesting that the products be removed from display.

Following a review of the judicial decisions, hearing submissions from both parties, and conducting an on-site inspection of the booth, the mediation personnel supported Innoscience’s request. Infineon subsequently removed the relevant products from display during the exhibition.

Respect for Judicial Decisions and Intellectual Property Rights

Innoscience stated that, as a global semiconductor company operating extensively in China, Infineon is expected to comply with applicable Chinese laws and judicial decisions.

The exhibition of products covered by effective court injunctions, after both the first-instance court and the Supreme People’s Court had ruled on the matter, underscores the importance of respecting judicial decisions and intellectual property rights.

Innoscience reaffirmed its commitment to protecting its proprietary GaN technologies and enforcing its intellectual property rights through legal channels worldwide.

/C O R R E C T I O N — Nuvei/

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In the news release, Nuvei Completes First-Party In-Agent Payment with Visa; Unveils Merchant-Led Agentic Payments Strategy, issued 02-Jul-2026 by Nuvei over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Nuvei Completes First-Party In-Agent Payment with Visa; Unveils Merchant-Led Agentic Payments Strategy

  • First live in-agent purchase authorized across multiple issuers on Visa rails
  • Nuvei Agentic delivers what merchants asked for: first-party agent capabilities today, third-party agents when the market demands

MONTREAL, July 2, 2026 /PRNewswire/ — Nuvei, the global fintech building the infrastructure for every payment, everywhere, today completed a live agentic-commerce proof of concept with Visa, Arvato Systems, and fashion brand Kings and Priests. In the transaction, a merchant’s AI agent initiated a product purchase on a shopper’s behalf and paid inside the agent, with no hand-off to a separate payment flow. Multiple issuers across Europe took part completing agentic payments settled on live Visa rails using a tokenized Visa credential within Visa Intelligent Commerce. These were governed by shopper-set guardrails, including spend caps and approved categories.

The proof of concept moves agentic commerce beyond discovery by keeping the purchase, authorization, and payment inside the first-party agent. It also establishes a proof point for Nuvei Agentic: a protocol-agnostic execution layer any AI agent can call to pay.

“Agentic commerce is the next evolution of digital commerce, with AI not just finding products but initiating purchases,” said Phil Fayer, Chair and CEO of Nuvei. “This proof of concept starts inside a merchant’s own experience and points to where payments are heading: a layer that lets any agent, on any protocol, make a payment.”

The strategy reflects what merchants are asking for. At Nuvei’s Global Customer Advisory Board this week, merchants identified first-party agentic capabilities as the immediate priority, with the same controls extending to public, third-party agents as the market develops.

With the proof of concept complete, Nuvei, Visa, and the participating issuing partners are now working to scale these capabilities toward production.

Nuvei brings together an Agentic Payment Ecosystem

The proof of concept brought together merchant technology provider Arvato Systems, fashion brand Kings and Priests, and issuing partners across Europe, including Alpha Bank, Piraeus Bank, Bank Leumi, CAL, MAX, and Bank of Cyprus.

“Through Visa Agentic Ready, we are extending existing capabilities — including tokenization and network-level controls — to enable agent-initiated payments in a trusted and consistent way,” commented Mathieu Altwegg, Head of Product & Solutions, Visa Europe. “This proof of concept shows how those foundations can support new experiences today, with authentication continuing to evolve as the model scales.”

“This proof of concept shows how the payments ecosystem can enable AI-driven purchasing while preserving trust, control, and transparency,” said Carsten Bruning, Vice President Digital Commerce at Arvato Systems. “With Visa and Nuvei, we validated interoperability across the flow and proved that payment can complete inside the agent rather than on the merchant site.”

“For Kings and Priests, this was a firsthand look at how agentic commerce can open new channels for digital retail,” said Ralph Hürlemann, Founder of Kings and Priests. “An AI agent initiating a purchase on a consumer’s behalf can reshape how customers discover and buy online.”

Beyond the Proof of Concept: Building the Execution Layer for Agentic Commerce

Agentic commerce is projected to drive $1 trillion in global transaction volume by 2030 and $3–5 trillion by 2035 (McKinsey). As the payment experience moves into the agent, this proof of concept marks a first step in Nuvei Agentic Payments and extends Nuvei’s Every Payment, Everywhere strategy.

Two building blocks form that interface. A Protocol Compatibility Layer lets merchants integrate once and accept payments from the standards an agent uses — ACP, AP2, or MCP — routed across networks, with Nuvei intending to certify against both Visa Intelligent Commerce and Mastercard Agent Pay. Know Your Agent adds identity and governance by registering and credentialing agents, validating the consumer’s mandate, scoring agent reputation, and keeping actions auditable. Together, they give merchants one interface through Nuvei’s existing platform and ISV integrations, without re-engineering their payment experience.

Nuvei is targeting initial availability in the second half of 2026, covering protocol compatibility, the KYA registry and agent risk scoring, network certifications, and a developer sandbox — all on the Level 1 PCI-certified infrastructure and risk and fraud tooling Nuvei already runs at scale.

“Agentic commerce is a platform problem, not a feature,” Fayer added. “Merchants need one place that connects them to every agent, protocol, and network while keeping them in control. The hard part isn’t the transaction; it’s carrying a verifiable mandate, managing real-world agent risk, and clearing across any rail. We are now building it into the infrastructure we already run for thousands of merchants.”

Read the executive viewpoint from Phil Fayer.

About Nuvei

Nuvei is the global fintech building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation payments, offer all payout options, and benefit from banking, risk, and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 53 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally through one integration.

For more information on our vision for agentic commerce, visit our website.  

Contact:

Public Relations

alex.hammond@nuvei.com

Correction: The link behind “Kings and Priests” in the first paragraph has been updated to https://kingsandpriests.shop/ 

Bora Pharmaceuticals Completes Acquisition of MacroGenics’ Rockville Manufacturing Operations

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Transaction Valued at $122.5M Establishes 20,000-Liter US Biologics Drug Substance Manufacturing Platform, Covering Development through Commercial Supply


TAIPEI, TAIWAN – Media OutReach Newswire – 2 July 2026 – Bora Pharmaceuticals Co., Ltd. (“Bora” or “Bora Group”; TWSE: 6472; OTCQX: BORAY) today announced the completion of its acquisition of the GMP manufacturing operations of MacroGenics, Inc. (NASDAQ: MGNX) including its biologics drug substance facility in Rockville, Maryland and an associated warehousing center in Frederick, Maryland, for total consideration of US $122.5 million through its wholly owned subsidiary Bora Biologics USA, LLC.. Upon closing, Bora signed a long-term CDMO Service Agreement with MacroGenics.

With the close of the transaction, Bora Group’s biologics CDMO franchise, Bora Biologics, now operates 20,000 liters of single-use bioreactor (SUB) drug substance manufacturing capacity across two active US sites: Rockville, Maryland and San Diego, California, and one development facility in Zhubei, Taiwan.

“This acquisition establishes a US biologics manufacturing platform that sponsors can depend on, from development through licensed commercial supply,” said Bobby Sheng, Chairman and CEO of Bora Group. “As regulatory and supply chain dynamics continue to evolve, we expect biotech and pharmaceutical companies to increasingly seek manufacturing partners with US-based, inspection-proven infrastructure. Bora Biologics is designed to meet that need, offering a fully integrated, end-to-end biologics platform spanning drug substance and drug product capabilities.”

With the addition of the Rockville facility, Bora Biologics supports more than 4 active commercial programs, with more than 120 completed GMP batches and supply into multiple global markets including the US, EU, Japan, Canada and the UK with fully integrated QC and analytical capabilities.

Across its US network, Bora Biologics has completed five FDA inspections, including two at Rockville and one PMDA review in 2025, with clean results at both sites. The combined platform has supported more than 33 biologics and 15 biosimilars, establishing a manufacturing base for biotech and pharmaceutical companies with reduced offshore dependency and domestically anchored infrastructure.

Bora Group intends to integrate its US drug substance (DS) capabilities with its existing sterile drug product (DP) capabilities over the next 12 to 18 months, offering a seamless, fully integrated development-through-commercial biologics solution.

Hashtag: #BoraPharmaceuticals

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

About Bora

Founded in 2007, Bora Pharmaceuticals (“Bora” or “the Company”, 6472.TW and BORAY.OTCQX) is a leading pharmaceutical services company with a vision and goal of “Contributing to Better Health All Over the World”. Operating under a “Dual Engine” model that integrates CDMO and commercial expertise, we empower pharmaceutical and biotech partners to optimize product development, accelerate launches, and scale supply to meet global patient needs. At the same time, we actively broaden R&D and sales infrastructure, focusing on niche and rare disease markets to improve patients’ quality of life.

By investing in talent, infrastructure, and biologics expansion, Bora continues to transform operations and achieve sustainable growth. Committed to making success “certain,” Bora sets new standards in the pharmaceutical and CDMO industries.

For more, please visit:

Disclaimer:
This document and the accompanying information may contain forward-looking statements. All statements regarding the company’s future business operations, potential events, and prospects (including but not limited to forecasts, targets, estimates, and operational plans) are considered forward-looking statements unless they refer to factual occurrences. Forward-looking statements are subject to various factors and uncertainties that may cause significant differences from actual results, including but not limited to price fluctuations, actual demand, exchange rate variations, market share, competitive conditions, changes in the legal, financial, and regulatory framework, international economic and financial market conditions, political risks, cost estimates, and other risks and variables beyond the company’s control. These forward-looking statements are based on current predictions and assessments, and the company disclaims any responsibility for future updates.

Hong Kong Life Receives the Certifications of “Hong Kong Registration – Silver-Friendly Financial Products” Presented by Hong Kong Quality Assurance Agency for Multiple Outstanding Insurance Products

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HONG KONG, July 2, 2026 /PRNewswire/ — Hong Kong Life Insurance Company Limited (“Hong Kong Life”) has been awarded the “Hong Kong Registration – Silver-Friendly Financial Products” certification presented by Hong Kong Quality Assurance Agency (“HKQAA”) for its outstanding insurance products. This recognition affirms Hong Kong Life’s exceptional performance in product development, service support and customer care, providing all-around support for the financial needs of the silver-haired customer segment.

Facing the trend of diversified global economic environment and the rising longevity, customers have a growing demand for financial solutions with cross-border flexibility. Hong Kong Life is dedicated to addressing the protection and financial planning needs of individuals at different life stages by continuously optimizing its product designs and support services, enabling a hassle-free living for the elderly group. Meanwhile, The Hong Kong Quality Assurance Agency has introduced the “Hong Kong Registration – Silver-Friendly Series”, which aims to establish a set of criteria from the perspective of elderly consumers, guiding enterprises to enhance their premises, products, and services. Through elder-friendly designs and attentive services, it supports the daily living of seniors and creates a consumer environment that better aligns with the needs and preferences of the silver-haired customer segment.”

Mr. Jonathan Ko, Chief Marketing Officer of Hong Kong Life said, “As Hong Kong transitions into an aging society, providing silver-haired customers with reassuring and thoughtful protection has always been our top priority. This certification recognizes our dedication and people-centric design across product development, service support, and customer care, which enable us to deliver flexible and suitable protection to our elderly customers. In future, we will continue to uphold our ‘customer-centric’ philosophy, introducing more diversified and innovative financial products to accompany our customers getting through every stage of life.”

Hong Kong Life’s insurance products certified under the ‘Hong Kong Registration – Silver-Friendly Financial Products’ and Essential Registration Elements:

Products

Essential Registration Element

Wealth Accelerator (Premier) Multi-Currency Insurance Plan

Click here for certification

  • Age Risk Profiling and Product Suitability Review
  • Legacy and Estate Planning Support
  • Flexible Withdrawal and Asset Liquidity Features
  • Multi-Channel and Multilingual Support

 

Wealth Accelerator Multi-Currency Plan

Click here for certification

Delightful Life Savings Insurance Plan

Click here for certification

  • Age Risk Profiling and Product Suitability Review
  • Health-Linked Wealth Planning Services
  • Flexible Withdrawal and Asset Liquidity Features
  • Multi-Channel and Multilingual Support

 

Wealth Prestige Savings Insurance Plan

Click here for certification

Monthly Harvest Savings Insurance Plan

Click here for certification

 

About Hong Kong Life

Hong Kong Life Insurance Limited (“Hong Kong Life”) was established in 2001 and is committed to providing customers with comprehensive and convenient insurance and wealth management services through an extensive distribution network of approximately 130 distribution locations, including Chong Hing Bank, CMB Wing Lung Bank, OCBC Bank (Hong Kong), and Shanghai Commercial Bank. Since 9 October 2025, Hong Kong Life has officially become a member of the Yuexiu Group, following the successful completion of the acquisition of Hong Kong Life by Yue Xiu Enterprises (Holdings) Limited (“Yuexiu”).

About Yuexiu Group

Yuexiu Group is a conglomerate ranking top in asset size among all state-owned enterprises in Guangzhou, having strong presence across different sectors including banking and finance, real estate, transportation infrastructure and food, etc. Yuexiu Group holds six listed platforms, namely Yuexiu Property (123.HK), Yuexiu Transport Infrastructure (1052.HK), Yuexiu Real Estate Investment Trust (405.HK), Yuexiu Services (6626.HK), Yuexiu Financial Holdings Group Co. Ltd. (000987.SZ) and China Asset Management – Yuexiu Highway REIT (180202.SZ). Yuexiu is also the holding company of Chong Hing Bank Limited and Chong Hing Insurance Company Limited.

Canadian Solar Inc. Announces Results of 2026 Annual Meeting of Shareholders

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KITCHENER, ON, July 2, 2026 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that it held its Annual Meeting of Shareholders on June 30, 2026. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved:

  1. The election of Shawn (Xiaohua) Qu, Harry E. Ruda, Andrew L.C. Wong, Lauren C. Templeton, Leslie Chang, Colin Parkin, and Yuan Z. Qu each as a director of the Company until the next annual meeting of shareholders of the Company or until their successors are elected or appointed;
  2. The re-appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as the auditors of the Company until the close of the next annual meeting of shareholders of the Company or until its successor is appointed, and the authorization of the directors of the Company to fix the auditors’ remuneration.

About Canadian Solar Inc.
Canadian Solar is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects — delivering solar, storage, system integration and long-term operation under a single accountable partner. Over the past 25 years, Canadian Solar has successfully delivered nearly 177 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar had shipped over 20 GWh of battery energy storage solutions to global markets as of March 31, 2026, and had a $3.5 billion contracted backlog as of May 8, 2026. In North America, Canadian Solar operates local manufacturing to meet tariff and compliance requirements and safeguard on-schedule project delivery. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12.2 GWp of solar power projects and 6.4 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 24 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Canadian Solar Inc. Contact
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

 

Baidu Announces Record Date for Extraordinary General Meeting of Shareholders

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BEIJING, July 2, 2026 /PRNewswire/ — Baidu, Inc. (“Baidu” or the “Company”) (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that the record date for the purpose of determining the eligibility of the holders of its ordinary shares, par value US$0.000000625 per share (the “Ordinary Shares”), to vote and attend its forthcoming extraordinary general meeting of shareholders (the “General Meeting”) will be as of close of business on Friday, July 17, 2026, Beijing/Hong Kong time (the “Ordinary Shares Record Date”). In order to be eligible to vote and attend the General Meeting, all valid documents for the transfers of shares accompanied by the relevant share certificates must be lodged with the Company’s Hong Kong branch share registrar and transfer office, Computershare Hong Kong Investor Services Limited, Shops 1712–1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong, not later than 4:30 p.m. on Friday, July 17, 2026, Beijing/Hong Kong time. All persons who are registered holders of the Ordinary Shares on the Ordinary Shares Record Date will be entitled to vote and attend the General Meeting.

Holders of the Company’s American depositary shares (the “ADSs”) representing the Ordinary Shares may not attend or vote at the General Meeting. Holders of ADSs as of close of business on Friday, July 17, 2026, New York time (the “ADSs Record Date”), will be able to instruct The Bank of New York Mellon, the holder of record of Ordinary Shares represented by ADSs, as to how to vote the Ordinary Shares represented by such ADSs. The Bank of New York Mellon, as depositary of the ADSs, will endeavor, to the extent practicable and legally permissible, to vote or cause to be voted at the General Meeting the amount of Ordinary Shares represented by the ADSs in accordance with the instructions that it has properly received from ADS holders. Please be aware that, because of the time difference between Hong Kong and New York, if a holder of ADSs cancels his or her ADSs in exchange for Ordinary Shares on Friday, July 17, 2026, New York time, such holder of ADSs will not be able to instruct The Bank of New York Mellon, as depositary of the ADSs, as to how to vote the Ordinary Shares represented by the cancelled ADSs as described above, and will also not be a holder of those Ordinary Shares as of the Ordinary Shares Record Date for the purpose of determining the eligibility to attend and vote at the General Meeting.

Details including the date and location of the General Meeting will be set out in the Company’s notice of General Meeting to be issued and provided to holders of its Ordinary Shares as of the Ordinary Shares Record Date and holders of its ADSs as of the ADSs Record Date together with the proxy materials in due course.

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under “BIDU” and HKEX under “9888”. One Baidu ADS represents eight Class A ordinary shares.

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