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Canadian Solar Achieves Silver Certification Under SSI Supply Chain Traceability for Ingot and Cell Production

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Advertorial Desk
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KITCHENER, ON, June 24, 2026 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that its Baotou ingot manufacturing facility and Suqian solar cell manufacturing facility achieved the Silver Level Solar Stewardship Initiative (SSI) Supply Chain Traceability Certification. Canadian Solar is the first manufacturer to achieve Silver certification under the SSI Supply Chain Traceability Certification for both ingot and cell production. This certification demonstrates the Company’s commitment to transparency and traceability across its upstream suppliers and to advancing responsible sourcing.

The SSI Supply Chain Traceability Standard is designed to enhance visibility into material sourcing and manufacturing processes across the solar value chain, supporting industry efforts to advance responsible and sustainable production practices. All certification audits are performed by independent third-party firms under the defined SSI audit protocol (ingot and cell).

Colin Parkin, Chief Executive Officer of Canadian Solar, said, “Achieving SSI Supply Chain Traceability Certification for our ingot and cell manufacturing facilities marks an important milestone in strengthening transparency and accountability across our supply chain. As the industry continues to evolve, we are committed to advancing responsible manufacturing practices and enhancing confidence in the integrity of solar products worldwide.”

In 2025, Canadian Solar’s Suqian solar cell factory and Baotou ingot factory underwent the SSI ESG assessments and received Silver and Bronze certifications, respectively. The certified sites are publicly listed by the Solar Stewardship Initiative and can be viewed on its official website under Currently Certified Sites.

The announcement coincides with Intersolar Europe in Munich, where Canadian Solar will present its latest technologies and initiatives at booth B2.250.

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. 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. 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.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release, including those regarding the Company’s expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “may”, “will”, “expect”, “anticipate”, “future”, “ongoing”, “continue”, “intend”, “plan”, “potential”, “prospect”, “guidance”, “believe”, “estimate”, “is/are likely to” or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 10, 2026. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

HKSTP Leads Largest-Ever Hong Kong Delegation to BIO 2026 Showcasing Life and Health Tech Strength

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Advertorial Desk
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41 local tech firms, institutes and university spin-offs head to San Diego to forge global partnerships, reinforcing the city’s status as international healthcare innovation hub


HONG KONG SAR/SAN DIEGO, UNITED STATES – Media OutReach Newswire – 24 June 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with InvestHK as co-organiser, the Hong Kong Trade Development Council (HKTDC) as supporting organisation, and five renowned local universities – The University of Hong Kong, The Chinese University of Hong Kong, The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University and City University of Hong Kong – to form the city’s largest-ever delegation of life and health technology innovators to the BIO International Convention 2026 (BIO 2026) in San Diego, from June 22 to 25.

In collaboration with InvestHK and HKTDC, HKSTP led a delegation of 41 park companies, institutes and spin-offs from five renowned local universities to showcase the Hong Kong's life and health technology innovations at BIO 2026 in San Diego.
In collaboration with InvestHK and HKTDC, HKSTP led a delegation of 41 park companies, institutes and spin-offs from five renowned local universities to showcase the Hong Kong’s life and health technology innovations at BIO 2026 in San Diego.

Building on last year’s momentum, the 2026 Hong Kong delegation doubled the size of the Hong Kong Pavilion, expanding to a record of 41 organisations from HKSTP, including partner companies, research institutes, and for the first time with top five universities spin-offs. This landmark presence showcased Hong Kong’s deep strength across AI-enabled biotech, therapeutics, diagnostics, and pharma innovation, with potential outstanding “First-in-Class” and “Best-in-Class” assets. The delegation underscores the city’s leading role as Asia’s largest and the world’s second largest fundraising hub for the biotechnology sector.

Mr. Terry Wong, CEO of HKSTP, said, “BIO 2026 is a premier platform to showcase Hong Kong’s groundbreaking innovation, deepen partnerships, and open new pathways into global healthcare markets. As a super-connector, Hong Kong is uniquely positioned to bridge global innovators with opportunities across Asia and beyond. With strong R&D capabilities backed by world-class universities—five ranked among the QS Top 100, including two with medical schools now placed in the global top 20—Hong Kong’s biotech and medical research excellence is increasingly recognised worldwide. As the city’s innovation ecosystem orchestrator, HKSTP brings together talent, capital, research institutions, clinical partners, and industry leaders to accelerate the journey from discovery to impact. We will continue to empower life and health technology ventures, translating innovation breakthroughs into life-changing solutions that benefit communities around the world.”

HKSTP and Park Companies Advanced in Cross-border Innovation and Market Expansion

A key highlight of BIO 2026 is witnessing the signing of three major strategic partnerships:

  • LabCentral — HKSTP signed an MOU with one of the largest global non–profit biotech incubators, supporting life sciences startups with high-impact lab infrastructure and scientific community programmes. The collaboration will deepen ties between the U.S. and Hong Kong life sciences ecosystems through startup support, ecosystem engagement, and co-developed programmes, events and strategic initiatives. It will also help connect startups, investors, corporate partners and research institutions, creating stronger pathways for cross-border innovation and commercialisation.

  • Immuno Cure – the developer of the first-in-human novel therapeutic HIV vaccine ICVAX – announced its collaboration with OPIS, an international Contract Research Organization (CRO), at BIO 2026. Leveraging OPIS’s full-service, multi-country clinical trial expertise and regulatory knowledge, the partnership will support overseas clinical trial execution and establish a global framework to prepare for international expansion.

  • Zhaoke Ophthalmology signed an MOU with Laboratório Teuto, the first company to produce generic medicines and OTCs (Over the Counter – Prescription Exempt Medicines) in Brazil, to explore cross-border cooperation in ophthalmology. This is Zhaoke’s first strategic MOU in Brazil market. Leveraging its innovative pipeline and Teuto’s commercial network in Brazil, the partnership aims to bring advanced eye care treatments to Latin American patients while demonstrating the globalisation of Hong Kong-born biotech innovation.

Beyond the BIO 2026 Hong Kong Pavilion, HKSTP CEO Mr Terry Wong attended the “Translating Innovation Across Borders: Creating Global Gateways for Biotech Startups” panel sharing session. Mr. Wong shared his insights on cutting-edge biotech trends, Hong Kong’s strengths on life and health tech development, and HKSTP’s role in building a global bridge for nurturing global startup expansion, sustainable innovation and collaboration.

Furthermore, HKSTP and five Hong Kong university delegates visited the Salk Institute, home to six Nobel Laureates during BIO 2026 to explore partnerships and shape global biotech momentum through collaborative platforms. HKSTP, in collaboration with InvestHK as co-organiser, HKTDC as the supporting organisation, and powered by the Hong Kong Economic and Trade Office in San Francisco, hosted a Global Mixer during the exhibition. Industry leaders, incubators, and venture capital firms – including Bayer Pharmaceuticals, Johnson & Johnson Innovation, LabCentral, Roche, Simcere Pharmaceutical, and T.Rx Capital – were invited to join the judging panel for startup pitching sessions. The Pavilion also featured executive sharing and curated networking events for commercialisation, licensing, partnerships, investment and international market expansion.

Global recognition at Biomedical Pitch Competition

In the lead-up to BIO 2026, HKSTP actively drove engagement across the biotech sector and co-organised the 2026 Biomedical Pitch Competition with the Boston Capital Investment Club in Boston on May 23 and 24. Competing against around 170 biotechnology companies worldwide, HKSTP park company Meta Pharmaceuticals (HK) Limited won Third Place for its next-generation autoimmune therapeutics. The recognition underscores the strength of Hong Kong’s biotech pipeline and HKSTP’s commitment to translational medicine, commercialisation and globally scalable healthcare solutions.

HK’s biotech ecosystem rises to another level

Hong Kong continues to expand its global healthcare footprint as the world’s second-largest biotech fundraising hub. As Hong Kong’s flagship innovation and technology ecosystem, HKSTP is home to more than 300 life and health technology companies and helps innovators turn pioneering ideas into real-world impact. Its ecosystem connects capital, talent, infrastructure and market access across the biotech innovation journey.

Hashtag: #HKSTP

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

Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 17,000 research professionals and over 2,500 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.

Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.

More information about HKSTP is available at .

Vinpearl secures USD 255 million from international investors, affirming long-term growth prospects

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Advertorial Desk
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HANOI, VIETNAM – Media OutReach Newswire – 24 June 2026 – Vinpearl Joint Stock Company announced the successful closing of a USD 255 million strategic investment from SeaTown Private Credit Fund III, a private credit fund managed by SeaTown Holdings International (SeaTown), and Oman Investment Authority (OIA), Vietnam Oman Investment (VOI). This investment reflects confidence from leading international financial institutions in Vinpearl’s position, growth potential, and long-term development strategy.

Vinpearl secures USD 255 million from international investors, affirming long-term growth prospects

The investment is made in the form of convertible dividend preference shares (CDPS) issued by Vinpearl. Jefferies acted as the exclusive financial advisor to Vinpearl on this transaction.

The transaction demonstrates strong confidence from leading global investors in the long-term growth potential of Vinpearl, as well as Vietnam’s tourism and hospitality sector.

A representative of SeaTown commented: “Vietnam’s tourism and hospitality sector continues to demonstrate long-term growth potential, driven by rising domestic demand and growing international arrivals. As an experienced, long-term investor in Vietnam, we are committed to supporting the market’s next phase of development, and view Vinpearl as a well-positioned partner in this dynamic sector.”

A representative of VOI commented: “As a capital bridge between Oman, the wider GCC and Vietnam, VOI has been an active investor in Vietnam for many years, with investments across a range of sectors and companies. We see Vietnam as one of the most dynamic economies in the region, with substantial long-term growth potential. Based on that conviction, we are broadening our investment focus into new high-growth areas, and Vinpearl is a flagship example of this strategy. As one of Vietnam’s leading hospitality and tourism platforms, Vinpearl is well-positioned to benefit from rising domestic consumption, growing international arrivals and continued sector expansion.”

A representative of Vinpearl shared: “We are pleased to welcome SeaTown, OIA and VOI as strategic partners of Vinpearl. This investment not only provides additional resources for our long-term development plans, but also represents recognition from international institutions of Vinpearl’s operational capabilities, strategic vision, and growth potential. With the support of reputable global investors, we will continue to enhance our products and services, and contribute positively to the development of Vietnam’s tourism industry and the wider region.”

Founded and headquartered in Singapore since 2009, SeaTown is a leading Asia-focused alternative investment firm with deep expertise across private and public markets. Owned by Seviora Holdings, Temasek’s asset management group, SeaTown is a trusted steward of capital, investing alongside its investors in conviction-driven strategies. As a partner, SeaTown strives to deliver compelling risk-adjusted returns by leveraging its extensive relationship network, decades of investing experience and astute global perspectives.

OIA is the sovereign wealth fund of the Sultanate of Oman, with a mandate to invest globally across diversified asset classes. In Vietnam, OIA invests through VOI, its dedicated investment platform and asset manager. VOI serves as a capital bridge between Oman, the wider GCC and Vietnam. Since its establishment, VOI has deployed significant capital across a range of sectors in Vietnam and continues to broaden its portfolio in high-growth areas.

Founded in 2003, Vinpearl is a leading Vietnamese brand in tourism, hospitality, entertainment and experiences. Over more than two decades of development, Vinpearl operates 60 facilities across 20 provinces and cities. Its ecosystem includes 5-star hotels and resorts with over 17,500 rooms; 16 VinWonders theme parks offering diverse attractions for all age groups; 6 world-class golf courses; and 3 international-standard convention and performing arts centers VinPalace. In addition, it operates 2 semi-wildlife conservation parks, an equestrian academy, and large-scale live entertainment shows in destinations such as Nha Trang and Phu Quoc, attracting millions of visitors annually.

With a comprehensive and continuously innovating service ecosystem, Vinpearl continues to reinforce its leadership position in the tourism and hospitality industry, enhancing visitor experiences and promoting Vietnam’s image on the global tourism map. The company is well-positioned to capture new growth opportunities and strengthen its competitiveness regionally and globally.

Hashtag: #Vinpearl

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

VEC forges strategic partnerships with leading industry players to advance international exhibitions and events in Vietnam

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Advertorial Desk
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HANOI, VIETNAM – Media OutReach Newswire – 24 June 2026 – Vietnam Exposition Center (VEC) has signed strategic Memoranda of Understanding (MOUs) with leading partners in the exhibition, events, and trade promotion sectors, including Informa Markets, NC Network, Exporum, Vinexad, Chaoyu Expo, and the Vietnam Exhibition & Convention Association (VECA). These partnerships create new opportunities to develop and expand a series of international-scale exhibitions and events in Vietnam.

VEC forges strategic partnerships with leading industry players to advance international exhibitions and events in Vietnam

Under the agreements, VEC and its partners will collaborate to develop, co-organize, and expand specialized exhibitions, trade fairs, conferences, and international events in Vietnam. The parties will also explore opportunities to create new exhibition brands and attract established global event series to be held regularly at VEC’s exhibition and event facilities.

The partnerships with Informa Markets, NC Network, Exporum, Chaoyu Expo, and Vinexad will provide VEC with access to a global network of leading exhibition organizers, enhancing its ability to attract large-scale B2B exhibitions, increase international trade visitor traffic, and maximize infrastructure utilization. The parties will also explore deeper collaboration models, including the joint development and ownership of high-growth exhibition brands in Vietnam, while supporting the international expansion of Vietnamese trade fairs, exhibitions, and event brands.

Through its collaboration with the Vietnam Exhibition & Convention Association (VECA), VEC aims to build strong relationships with the multinational business community in the exhibition industry, expand bilateral trade promotion opportunities, and attract high-level international business delegations to conduct business directly in Vietnam.

Centered around the theme “Strategic Partnerships – Setting Standards – Leading the Future,” the signing ceremony marks a significant milestone in VEC’s development and reinforces its strategic ambition to co-own and develop a new generation of internationally-recognized exhibition and conference brands. This ecosystem of strategic partners will not only strengthen VEC’s capabilities in hosting international events but also enable the organization to participate more deeply in the exhibition and events value chain, from infrastructure operations to the co-creation of high-value exhibition products. At the same time, VEC’s partners will gain greater opportunities to expand their business activities in Vietnam, one of Southeast Asia’s fastest-growing markets, while leveraging the advantages of VEC’s large-scale, state-of-the-art exhibition complex.

Speaking at the event, Ms. Pham Thi Hien, Deputy Chief Executive Officer for Business Development and Marketing at Vietnam Exposition Center, said: “As part of our market development strategy, VEC sees its role as far more than simply providing venue space for events. We aspire to be a strategic partner, working closely with organizers, businesses, and industry associations to attract investment and elevate the scale and standing of specialized exhibitions. We believe today’s strategic partnerships will create new momentum for growth, proactively bringing more world-class exhibitions and high-quality business networking programs to Vietnam. Our ultimate goal is to help position Vietnam as a new destination and a strategic connectivity hub for the region.”

The signing ceremony comes at a pivotal time for Vietnam’s exhibition, events, and advertising industries, which face an urgent need to restructure, enhance competitiveness, and align with international standards. These efforts are expected to contribute to a new era for the country’s cultural industries and experience economy.

In the coming period, VEC will continue to establish strategic partnerships with leading domestic and international organizations, launching a series of landmark events that reinforce its role as a national hub for trade, culture, and large-scale events. These initiatives will contribute to positioning Vietnam as one of Asia’s premier destinations for exhibitions and events.

Hashtag: #VEC

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

About Vietnam Exposition Center (VEC)

Vietnam Exposition Center (VEC) is Southeast Asia’s largest exhibition complex, spanning more than 90 hectares. As a destination for national and international flagship events, VEC is committed to its mission of “Bring Vietnam to the World and Bring the World to Vietnam.” The organization aims to serve as a gateway where global excellence converges and Vietnamese identity reaches international audiences, while contributing to the development of key economic sectors and strengthening Vietnam’s position on the global stage. (Website: )

About Informa Markets

Informa Markets is one of the world’s leading organizers of B2B events and trade exhibitions. In Vietnam, the company has established a strong presence through a portfolio of events spanning many of the country’s key industries. Its flagship exhibitions include MTA Vietnam, the leading international exhibition for machine tools and precision engineering; Food & Hotel Vietnam (FHV), serving the hospitality and food service industries; Vietwater, focused on water supply and wastewater management; and ProPak Vietnam, dedicated to packaging and processing technologies. (Website: )

About NC Network

Founded in Japan, NC Network specializes in connecting industrial manufacturing enterprises through an extensive business network. In Vietnam, NC Network Vietnam serves as a trusted B2B bridge between manufacturers in Vietnam, Japan, and the broader ASEAN region. The company is best known for organizing FBC ASEAN (Factory Network Business Conference), a unique business matching platform that directly connects manufacturers, engineering companies, and component suppliers to identify sourcing and partnership opportunities across the industrial value chain. (Source: vn.emidas.com/en/nc-net)

About Exporum

Established in 2003, Exporum is one of South Korea’s leading professional exhibition planning and organizing companies. The company is widely recognized for its Cafe Show series, including Cafe Show Seoul and Cafe Show Vietnam, Asia’s largest industry platform bringing together the entire coffee value chain, from raw materials to brewing equipment. Exporum is also the organizer of Smart City Asia, a leading exhibition focused on smart city solutions and digital infrastructure. (Website: exporum.com)

About Vinexad

Established in 1975 and operating under Vietnam’s Ministry of Industry and Trade, Vinexad is widely regarded as a pioneer of Vietnam’s exhibition industry. With more than five decades of experience, the company owns several nationally recognized event brands, most notably Vietnam Expo (Vietnam International Trade Fair). Held annually since 1991, Vietnam Expo is the country’s largest and most influential multi-sector trade promotion event. (Website: vinexad.com.vn)

About Chaoyu Expo

Guangdong Chaoyu Exhibition Co., Ltd. (Chaoyu Expo) is a major exhibition organizer based in Guangdong, China, specializing in international B2B events that connect China’s extensive consumer goods and electronics manufacturing supply chains directly with Southeast Asian markets. In Vietnam, Chaoyu Expo is known for organizing leading exhibitions such as IEAE (International Electronics & Smart Appliances Expo), IBTE (International Toys and Baby Products Expo), and IGHE (International Gifts & Homeware Expo). (Website: chaoyuexpo.com)

About the Vietnam Exhibition & Convention Association (VECA)

The Vietnam Exhibition & Convention Association (VECA) is the representative organization for individuals and enterprises operating in Vietnam’s MICE, advertising, and events sectors. One of its core functions is to provide official endorsement for major events organized by its members, including large-scale exhibitions hosted by companies such as Vinexad and Informa Markets. VECA also leads national conferences and industry forums focused on market trends and event space development strategies, helping guide the long-term growth of Vietnam’s exhibition and events industry. (Website: )

Thai Rockstar Sek Loso Released on Parole

By
Thongsavanh Souvannasane
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Thai rock star Sek Loso has been released on temporary parole after serving part of his sentence for gun, drug, and obstruction offences. 24 June 2026. (Phetchaburi Prison)

On 24 June, Thai rock musician Seksan “Sek” Sukpimay, known as Sek Loso, walked free from prison in Phetchaburi province after authorities granted him temporary parole. 

The 52-year-old founder and lead singer of Loso, one of Thailand’s most successful rock bands, has long drawn attention for his colorful personal life. 

Police arrested him in 2017 after he fired a gun into the air following a concert in the southern province of Nakhon Si Thammarat.

Thailand’s Supreme Court convicted him in May 2025 on charges of illegal gun possession, drug use and obstructing a police officer. The court sentenced him to two years, 12 months, and 20 days in prison.

A royal pardon later trimmed five months and 20 days from his sentence, leaving two years, six months and 30 days for him to serve. He must wear an electronic monitoring device and follow probation conditions until his term ends on 13 December 2027.

He is set to perform on 26 June at the “Sek Loso Rebirth” concert in Bangkok, marking his first major show since his release. Tickets are already sold out.

Japan Approves USD 2.3 Million Scholarship Grant for Lao Civil Servants

By
Phoudasack Vongsay
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Lao and Japanese officials attending a scholarship grant signing ceremony for Lao civil servants.
A picture of the Deputy Minister of Foreign Affairs, Mr Anouparb Vongnorkeo (right), and the Ambassador of Japan to Laos, Mr Koizumi Tsutomu (left) holding a MOU of approving USD 3.2 million scholarship grant for Lao civil servants. (Photo by Embassy of Japan in Laos)

Japan has approved JPY 378 million (USD 2.3 million) in scholarship funding to support postgraduate education for Lao government officials.

This is Japan’s latest investment in human resource development as the two countries expand cooperation under their Comprehensive Strategic Partnership.

The funding aims to strengthen Laos’ long-term human resource capacity by enabling Lao civil servants to pursue postgraduate studies at leading Japanese universities in fields critical to national development.

Deputy Minister Anouparb Vongnorkeo said the program will continue helping government personnel gain advanced academic training, professional expertise, and policy experience that can be applied within state institutions and national development planning.

Since its launch, the JDS program has awarded scholarships to more than 500 Lao government officials for master’s and doctoral studies in Japan. Areas of study include public administration, economics, international relations, agriculture, environmental management, and other development-related fields.

Many graduates have returned to serve in ministries and public institutions across Laos, contributing to policymaking, public administration, and socio-economic development.

According to state media, the latest funding underscores Japan’s role as one of Laos’ key development partners, particularly in education and human resource development, as the country works to strengthen institutional capacity and support long-term economic growth.

Beyond scholarships, Japan has supported school construction, teacher training centers, educational equipment, and learning improvement programs in several provinces, including remote communities. Japanese assistance has also extended to infrastructure, healthcare, agriculture, disaster response, and unexploded ordnance (UXO) clearance.

Officials from both countries said the upgraded Laos-Japan Comprehensive Strategic Partnership will further deepen bilateral cooperation. Japanese Ambassador Koizumi Tsutomu reaffirmed Japan’s commitment to supporting Laos’ sustainable development and strengthening ties between the two countries.

Expanding Laos-Japan Economic Cooperation

The scholarship funding comes as Laos and Japan continue to broaden economic and development cooperation through a series of high-level engagements.

On 10 June, Prime Minister Sonexay Siphandone met Japanese Prime Minister Sanae Takaichi in Tokyo, where the two leaders agreed to strengthen cooperation in human resource development, energy security, and economic resilience under the Laos-Japan Comprehensive Strategic Partnership.

The following day, speaking at the Laos-Japan Business Forum in Tokyo, Sonexay encouraged Japanese companies to expand investment in renewable energy, clean agriculture, logistics, infrastructure, and innovation-driven industries.

According to the Lao News Agency, Japanese investment in Laos has exceeded USD 157 million across 93 projects since 1989. An additional USD 185 million from 61 Japanese companies operating in the country’s Special Economic Zones.

Matrix Robotics Debuts at Dalian Summer Davos as Sole Humanoid Robotics Service Provider, with MATRIX-3 Serving Global Attendees as an AI Barista

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Advertorial Desk
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DALIAN, CHINA – Media OutReach Newswire – 24 June 2026 – The World Economic Forum’s 17th Annual Meeting of the New Champions, also known as Summer Davos, opened on June 23 at the Dalian International Conference Center. Held under the theme “Innovating at Scale,” the forum brought together more than 1,700 leaders from government, business and technology across over 90 countries to discuss how innovation can be translated into real-world applications and industrial transformation. Matrix Robotics, a China-based company specializing in Physical AI and embodied intelligence, participated in the forum as its sole humanoid robotics service provider. The company’s integrated technology stack combines its independently developed WAVE Embodied AI Foundation Model, a general-purpose full-body motion control system and high-degree-of-freedom dexterous hands. Its third-generation humanoid platform, MATRIX-3, was deployed in the venue’s first-floor dining area, where it served attendees as an AI barista throughout the forum. Leveraging the model’s general-purpose capabilities, cross-scenario adaptability and long-horizon task generalization, Matrix Robotics demonstrated the system’s readiness for real-world commercial service applications to attendees from around the world.

WAVE Powers a Live Service Demonstration at a Leading Global Forum

This year’s Summer Davos focused on “Innovating at Scale,” with artificial intelligence and the application of emerging technologies in the real economy among the forum’s key topics. A key question for the industry is how embodied intelligence can move beyond laboratory demonstrations and achieve commercial deployment at scale.

Moving beyond conventional static hardware displays, Matrix Robotics created a live demonstration area in the venue’s first-floor dining zone. The service solution is built around the WAVE Embodied AI Foundation Model and a general-purpose full-body motion control system. Combining cross-scenario generalization, stable execution of long-horizon tasks and high-degree-of-freedom dexterous hands, the system provided live coffee service to international attendees and demonstrated its ability to operate in a real-world service environment.

The WAVE model handles perception, reasoning and high-level motion planning, while the full-body motion control system coordinates the robot’s physical movements. Long-term testing across multiple scenarios has demonstrated stable performance, enabling the system to support frequent and continuous service at the venue. MATRIX-3 serves as the physical platform through which the intelligent system performs real-world tasks.

Generalization Enables Autonomous Coffee Service, While Dexterous Hands Demonstrate Precise Manipulation

In the dedicated demonstration area, the WAVE Embodied AI Foundation Model coordinates the workflow together with the full-body motion control system and high-degree-of-freedom dexterous hands, enabling MATRIX-3 to perform a standardized coffee-service process. Using the model’s multimodal visual perception, the robot independently identifies and picks up an empty coffee cup, calculates the force required to press the coffee machine’s controls, lifts the hot beverage after brewing, plans a route to the guest and delivers the finished drink steadily.

The WAVE model incorporates physical force-control reasoning, allowing the system to adjust the dexterous hands’ grip strength in real time and reduce the risk of cups slipping or hot beverages spilling. The continuous, multi-step workflow—from picking up a cup to delivering a hot beverage—demonstrated the WAVE model’s multitask processing and generalization across different movements, highlighting the role of the underlying AI system in complex physical interactions.

WAVE Supports Replicable Solutions for Commercial Service Applications

As the forum’s sole humanoid robotics service provider, Matrix Robotics used live coffee service to demonstrate its approach to a key industry challenge: many humanoid robots emphasize hardware demonstrations, while limitations in model generalization make rapid deployment across multiple scenarios difficult.

Matrix Robotics has focused on deploying robotic systems in standardized, repetitive service environments, with its core technology centered on the WAVE Embodied AI Foundation Model and general-purpose full-body motion control system. With multitask adaptability and cross-scenario transfer capabilities, the system demonstrates its potential for deployment at international forums, exhibition venues, retail stores, cultural and tourism spaces and other service environments, offering a replicable solution for the digital transformation of the global service industry.

International Attendees Experience China-Developed AI Technology Firsthand

Throughout the forum, entrepreneurs, technology professionals and Chinese and international media visited the dining-area demonstration to experience the autonomous coffee service powered by the WAVE Embodied AI Foundation Model and performed by MATRIX-3’s dexterous hands. Attendees received coffee prepared by the robot and observed the system’s stable and fluid operation firsthand.

A senior executive of Matrix Robotics said that Summer Davos provides a leading global platform for showcasing China’s AI innovation. The live coffee-service demonstration provides a direct example of the company’s commercialization strategy centered on the WAVE model. Matrix Robotics independently develops the WAVE Embodied AI Foundation Model, the general-purpose full-body motion control system and high-degree-of-freedom dexterous hands. The company continues to improve multitask generalization, safe human-robot interaction and extended continuous operation, with the goal of moving Physical AI from concept demonstrations toward commercial deployment at scale.

Expanding Applications and Accelerating Embodied AI Deployment at Scale

As the global embodied AI industry enters a period of rapid development, general-purpose AI model capabilities and commercialization across different scenarios are becoming key areas of competition. The forum’s theme, “Innovating at Scale,” closely aligns with Matrix Robotics’ long-term development strategy centered on the WAVE model.

Combining the WAVE model’s general-purpose and long-horizon task capabilities with high-degree-of-freedom dexterous hands, the integrated system can support applications beyond coffee service, including exhibition reception, material handling and precision object manipulation, creating broad potential for deployment across industries.

By participating in Summer Davos in Dalian, Matrix Robotics demonstrated the real-world operating capabilities of its independently developed intelligent system and created a platform for international industry exchange and cooperation. Going forward, Matrix Robotics will continue to advance the WAVE Embodied AI Foundation Model, the general-purpose full-body motion control system and general Physical AI algorithms, while expanding applications across retail, cultural tourism, exhibitions and industrial support. With foundation-model technology at the core of its strategy, the company will work with global industry partners to accelerate the large-scale deployment of embodied AI and bring China-developed Physical AI technology to a broader global audience.

Hashtag: #MatrixRobotics

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

The Oberix Group and Leading Edge Automation Acquire Profisol Industrial Automation

By
Advertorial Desk
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MELBOURNE, Australia, June 24, 2026 /PRNewswire/ — The Oberix Group and Leading Edge Automation have acquired Profisol Industrial Automation, strengthening the group’s industrial automation and operational technology capabilities and expanding support for customers across Australia.

The acquisition brings together complementary expertise in automation, control systems, monitoring, and critical infrastructure. By combining Profisol’s specialist knowledge with the engineering resources of The Oberix Group and Leading Edge Automation, customers will benefit from broader technical expertise and increased project delivery capacity.

For more than 20 years, Profisol has delivered automation, monitoring, and alarming solutions for process, infrastructure, and utility systems. The company has established a strong reputation for practical engineering, reliable project delivery, and long-term customer partnerships across critical industries.

“Profisol has built an outstanding reputation for delivering high-quality automation solutions and exceptional customer service,” said Michael Dowling, Director of Technology at The Oberix Group.

“Their technical expertise, industry knowledge, and strong customer relationships make them a natural fit for our group. This acquisition strengthens our ability to deliver automation and operational technology solutions across Australia while giving customers access to a broader range of specialist skills.”

Bela Farbas Snr, Director at Profisol Industrial Automation, said the acquisition creates opportunities for customers and employees.

“We are proud of the business we have built over two decades and the relationships we have established with our customers. Joining The Oberix Group and Leading Edge Automation provides additional resources and opportunities while allowing us to deliver the service and technical excellence our customers expect.”

Profisol will continue operating with its existing team, maintaining the trusted relationships and service standards customers rely on.

Together, the businesses provide automation and control solutions across process control systems, SCADA and monitoring platforms, alarming systems, industrial communications, operational technology, and ongoing support services.

The acquisition reflects The Oberix Group’s ongoing investment in specialist engineering and technology businesses that support Australian industry and critical infrastructure.

About The Oberix Group

The Oberix Group is an Australian technology and engineering services organisation delivering solutions across industrial automation, operational technology, digital transformation, smart buildings, and critical infrastructure sectors.

About Leading Edge Automation

Leading Edge Automation delivers automation and control system solutions that help organisations improve operational efficiency, reliability, and performance.

About Profisol Industrial Automation

Profisol Industrial Automation specialises in automation, monitoring, and alarming solutions for process, infrastructure, and utility systems.

 

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