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Mudah.my Brings Cars to Carousell Malaysia, Giving Dealers a New Way to Reach Millions More Buyers


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 20 August 2026 – Mudah.my today announced that its car inventory is now available on Carousell Malaysia, giving used-car dealers access to a new pool of buyers while giving Malaysians more cars to discover and compare on the platform they already use.

The new integration between Mudah.my Auto and Carousell Malaysia means eligible vehicles on Mudah.my will automatically appear on Carousell, without dealers needing to upload or manage the same cars across two platforms. Up to 35,000 cars are expected to be discoverable on Carousell by the end of September, giving Carousell users access to a significantly wider selection of cars. Together, the Mudah.my and Carousell platforms reach almost 6 million online users.

Alongside the expanded inventory, Mudah.my continues to invest in tools that make car buying easier on its Auto marketplace. AI-powered highlights surface a vehicle’s key selling points at a glance, price insights help buyers gauge whether an asking price is fair before they commit, and a redesigned search and listing experience makes it faster to filter, compare and shortlist across a larger pool of vehicles.

“Mudah has long been the platform of choice for Malaysians buying and selling used cars, and as the largest marketplace for cars in Malaysia, we’re proud to make that breadth of choice available to Carousell Malaysia’s users too. This integration brings together the strengths of two leading platforms in the group, creating greater value for both buyers and dealers while reinforcing our position in the market. It’s an important step towards Carousell Group’s mission of making second-hand the first choice and brings us closer to making that a reality for more Malaysians.”said Jacky Tan Nguyen, CEO of Mudah.my.

While Mudah.my and Carousell Malaysia operate as distinct platforms serving different market segments, both have been part of the same group for the past seven years. This integration puts that shared foundation to work, bringing together complementary audiences to create clearer value for both dealers and car buyers.

The announcement comes as Malaysia’s automotive sector maintains its momentum despite more selective consumer behaviour. The Malaysian Automotive Association has revised its 2026 total industry volume forecast upwards to 800,000 units, supported by resilient demand, growth of sport utility vehicles and rising electrified vehicle adoption.

At the same time, the used-car market continues to benefit from buyers who are weighing affordability, financing, total ownership cost and value more carefully before committing to a vehicle.

Across Southeast Asia, digital used-car marketplaces are also becoming more important as buyers look for greater transparency, easier comparison and more structured ways to evaluate pre-owned vehicles. For dealers, this means visibility alone is no longer enough, as cars need to appear where high-intent buyers are already searching, and the path from discovery to enquiry needs to be simpler.

“For dealers, the value here is simple: post once, reach buyers on two platforms. Speed, reach and lead quality are what decide whether a car sells in this market, and this integration gives dealers more opportunities to be discovered by buyers, without the need to double-post or manage their inventory twice, ” said Peter Wong, Head of Auto & Property, Mudah.my.

To mark the occasion, Mudah.my is launching Misi MerdeCAR, a consumer campaign running from 24 August to 22 September 2026, exclusively on the Mudah.my app. With over 80,000 vehicles across every budget, Malaysians can browse and favourite cars for a chance to win weekly purchase rebates of up to RM20,000, additional rebates of up to RM10,000 and RM5,000, and RM1,000 petrol vouchers. Buyers can also benefit from a free vehicle inspection worth RM168.

To participate, Malaysians aged 18 and above need to:

  1. Register or log in to the Mudah.my app;
  2. Browse and favourite at least one car advertisement;
  3. Consent to being contacted by the seller; and
  4. Complete the campaign slogan, “Pilihan Terbanyak, Harga ___”.

Each participant is entitled to one valid entry, regardless of the number of cars favourited. Prize entitlement is subject to the completion and verification of an eligible vehicle purchase from a dealer advertisement on Mudah.my. Entries close at 11.59pm on 21 September 2026. Full eligibility, qualifying purchase and prize redemption requirements are subject to the Misi MerdeCAR Terms and Conditions.

Appendix:

1. Mudah Intelligence AI Highlights

Mudah Intelligence AI Highlights

2. Car Price Insights

Car Price Insights

Hashtag: #Mudah

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

About Mudah.my

Mudah.my is Malaysia’s largest online classifieds marketplace, connecting millions of Malaysians who buy and sell vehicles, property, electronics, home items and services every month. Part of the Carousell Group, Mudah.my is built to make secondhand trade simple, safe and accessible for everyday Malaysians and for the local businesses that serve them. For more information, visit .

About Carousell Malaysia

Carousell is part of Carousell Group. Founded in August 2012 in Singapore, the Group has a leading presence in seven markets under the brands Carousell, Cho Tot, Laku6, LuxLexicon, Mudah.my, OneShift, REFASH, and Revo Financial, serving tens of millions of users. Carousell is backed by leading investors including Telenor Group, Rakuten Ventures, Naver, STIC Investments, 500 Global and Peak XV Partners (formerly known as Sequoia Capital India). Download the app for iOS or Android and visit for more information.

Allianz Trade in Asia Pacific appoints China CEO


HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – Allianz Trade in Asia Pacific is pleased to announce Scott Munafò has been appointed China CEO with effect from 1 September 2026. He will be based in Shanghai.

Scott Munafò to lead next phase of growth in China.
Scott Munafò to lead next phase of growth in China.

Mr Munafò joined Allianz Trade in 2015 as part of the Multinationals team and has spent over a decade shaping the company’s commercial strategy across four regions. Rising through key account management roles spanning MMEA, APAC, and Northern Europe – including his appointment as Regional Account Director for Northern Europe in 2021 – he was named Group Head of Broker Management and Partnerships in 2025, where he was responsible for defining and executing Allianz Trade’s global commercial and distribution strategy and strengthening broker partnerships across multiple regions. Mr Munafò holds an MBA from POLIMI Graduate School of Management (Politecnico di Milano) and a degree in Law from Università Bocconi with a major in Public Sector and Law.

On this appointment, Rodrigo Jimenez, Regional CEO at Allianz Trade in Asia Pacific, says: “Over the past decade, Scott has built extensive experience across various regions, demonstrating a strong track record in growing commercial portfolios, building strategic partnerships, and maintaining exceptional customer retention. His international experience, commercial leadership, and deep understanding of our business make him exceptionally well positioned to lead our China operations. I am confident that, together with the local management team, Scott will successfully drive our growth ambitions and deliver continued success in this important and fast-growing market.”

Mr Munafò remarks: Allianz Trade has been part of China’s trade story for nearly two decades – built on the strength of our team, our partners, and our customers who have trusted us through every cycle. I am honoured to be entrusted with what so many have built together. My commitment is simple: to keep listening, to keep creating lasting value and to ensure the next chapter sets a new standard.”
Hashtag: #allianztrade #tradecreditinsurance


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

About Allianz Trade

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network is based on instant access to data of 289 million corporates. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 40 countries with 5,900 employees. In 2025, our consolidated turnover was EUR4 billion and insured global business transactions represented EUR1,400 billion in exposure. For more information, please visit .

Mountains-and-Sea in Harmony: Discover Romance in Sanya

SANYA, China, Aug. 20, 2026 /PRNewswire/ — A news report from People’s Daily Digital Communication

Panoramic City View from Luhuitou Scenic Area, Sanya, Hainan, China
Panoramic City View from Luhuitou Scenic Area, Sanya, Hainan, China

From crystal-clear, magical underwater worlds to the panoramic mountain-top views of a coastal city, this tropical seaside destination stands out as an ideal summer getaway, blessed with remarkable natural scenery and upgraded cultural-tourism offerings. Every visitor gets to immerse themselves in the unique romance and tenderness of Sanya.

The azure ocean forms Sanya’s most enchanting backdrop, and Atlantis Sanya is the perfect spot to experience marine-themed romance. Its Lost Chambers Aquarium unveils a dazzling underwater paradise. The massive 16.5-meter-long and 8.3-meter-high viewing panel fully reveals the seascapes of Ambassador Lagoon, showcasing the vibrant vitality of marine ecosystems. Home to over 86,000 marine creatures across 280 species, the aquarium features schools of lively golden trevally gliding freely, graceful leopard sharks swimming by, and colourful butterflyfish darting among corals. These diverse marine dwellers create a dream-like underwater realm. As a full-spectrum, all-in-one ocean-themed resort, Atlantis Sanya provides guests with premium coastal vacation experiences.

Marking World Turtle Day and the first year of the closed-door operation of the Hainan Free Trade Port, Atlantis Sanya held an official unveiling ceremony for its exclusive sea turtle breeding base, Turtle House. The official theme of World Turtle Day 2026 is “I Love Turtles”, which aims to raise public awareness of the survival threats facing sea turtles and encourage joint efforts to protect their habitats. Supported by an international professional conservation team, Atlantis Sanya has fully advanced its sea turtle protection program from emergency rescue and rehabilitation to a new stage of captive breeding and stock enhancement release. Upholding its corporate social responsibility in practice, the resort offers robust backing for marine biodiversity conservation and ecological civilization development across Hainan.

Famous for its romantic folk love legend, Luhuitou Scenic Area sits on the coastline surrounded by the sea on three sides, making it a beloved cultural landmark. Visitors can take sightseeing vehicles winding up the mountain roads, greeted by cool sea breezes and lush green scenery along the way. Upon reaching the summit, a spectacular panoramic view unfolds: mountains, urban landscapes, rivers, sea, harbor, islands and bays converge into one magnificent scene. Stretching between mountains and the ocean, the whole city resembles an exquisite Chinese landscape scroll, with well-arranged buildings, winding coastlines and boundless blue waters combining to form an unparalleled picturesque view.

To enhance summer travel comfort, Sanya has comprehensively upgraded tourism services and attractions. Mist-cooling systems are installed city-wide at the airport to ease summer heat and improve visitor experience. Coastal green corridors have been completed across the city, linking seascapes and ecological spots for strolling and cooling off. Ten curated summer cool-tour routes have been tailor-made for diverse traveller groups, covering mountain-and-sea sightseeing, coastal getaways.

Moreover, key scenic spots including Luhuitou have revamped night-tour offerings. Open night viewing boardwalks and trendy events such as fluorescent night runs enrich evening tourism and extend consumption cycles. Visitors may admire magnificent daytime landscapes and enjoy enchanting night-time charm, unlocking round-the-clock summer romance in Sanya.

“Spicy Happiness” with aespa Nongshim Launches Second Global Shin Ramyun Campaign

– New omnibus-style video shows aespa enjoying Shin Ramyun in everyday moments –

SEOUL, South Korea, Aug. 20, 2026 /PRNewswire/ — Nongshim will launch the second phase of its global Shin Ramyun campaign on August 20 featuring global K-pop force aespa, as Shin Ramyun’s global ambassador. The campaign is designed specifically for international markets and will roll out across 14 key countries. Through a variety of digital content, Nongshim aims to introduce consumers around the world to the ‘Spicy Happiness’ of Shin Ramyun, the simple joy of enjoying its signature spicy taste in everyday life.

Nongshim Shin Ramyun Global Ambassador aespa 2nd Campaign Image (2)
Nongshim Shin Ramyun Global Ambassador aespa 2nd Campaign Image (2)

Nongshim launched its first global Shin Ramyun campaign with aespa last November. Its music video-style advertisement, featuring aespa’s music and performance, generated 270 million views and helped raise global awareness of Shin Ramyun’s slogan, ‘Spicy Happiness In Noodles’. For the second campaign, the setting moves from the stage to everyday life, showing aespa enjoying Shin Ramyun while cooking, shopping, traveling and spending time together.

‘Spicy Happiness’ in Everyday Life, from Cooking to Travel

The main campaign video opens with aespa saying, “To us, spicy is happiness.” It then shows four everyday moments featuring the members and Shin Ramyun in an omnibus-style format.

Across the video, aespa enjoy Shin Ramyun in a variety of settings. In the “cooking” scene, the members prepare and share Shin Ramyun with a friend, while the “shopping” scene follows them picking up Shin Ramyun at a store. In the “travel” scene, the members enjoy Shin Ramyun with a companion while on a trip.

In the final quiz scene, aespa is asked, “What is another word for happiness?” They answer “SHIN”, playfully bringing the campaign’s “Spicy Happiness” message to life.

Through the video, as Korea’s No. 1 iconic ramyun that embodies the nation’s food culture, Nongshim aims to show consumers around the world how Shin Ramyun’s signature spicy taste can add enjoyment to ordinary moments and make time spent together feel more special.

Diverse Digital Content Tailored for Global Audiences

Nongshim will release a total of 15 videos, including one main campaign video and 14 digital shorts. The shorts expand on the everyday moments featured in the main video through short, upbeat content. They also include interview-style videos in which aespa members talk about topics such as “when they crave Shin Ramyun” and “their favorite toppings to enjoy with Shin Ramyun.” By naturally showing how the members enjoy Shin Ramyun in their daily lives and highlighting their individual preferences, Nongshim aims to communicate the appeal of Shin Ramyun more effectively to global consumers.

The campaign will first roll out in key markets across North America, Asia and Europe where Nongshim has overseas operations, before expanding to markets around the world.

aespa said, “We hope fans around the world can find their own moments of ‘Spicy Happiness’ with Shin Ramyun too.”

A Nongshim representative said, “The second campaign shows global consumers, through aespa, how Shin Ramyun fits naturally into everyday life. Together with aespa, we will continue to engage consumers worldwide and communicate the value of Shin Ramyun’s global slogan, ‘Spicy Happiness In Noodles.'”             

About aespa

aespa is a global K-pop force renowned for their distinctive concept and powerful performances. Comprised of KARINA, WINTER, GISELLE, and NINGNING, the group has continued to break records since their 2020 debut with “Black Mamba.” Their releases have achieved major global chart success, including multiple No. 1s on Billboard’s Top Album Sales chart and seven consecutive million-selling releases. Most recently, aespa collaborated with Anderson .Paak on “Keychain (FROM THE FILM K-POPS!)” and released their second full-length album in May 2026, which topped the iTunes Top Albums chart in 25 regions worldwide.

aespa’s growing international impact has earned recognition across the global music industry, including being named Group of the Year at Billboard Women in Music 2025 and receiving a nomination for Best Female K-Pop Artist at the 2026 American Music Awards. In August, aespa made their highly anticipated Lollapalooza debut in Chicago and kicked off their new world tour, 2026–27 aespa LIVE TOUR – SYNK : COMPLæXITY, continuing their momentum on the global stage.

Global Campaign YouTube Video

Nongshim Shin Ramyun Global Ambassador aespa 2nd Campaign Image (1)
Nongshim Shin Ramyun Global Ambassador aespa 2nd Campaign Image (1)

Pillar Biosciences, LC-SCRUM-Asia and LSI Medience Announce Liquid Biopsy Screening Collaboration in Lung Cancer

oncoReveal® Essential+ validated at LSI Medience for cfDNA/cfRNA screening in the LC-SCRUM-Asia project, with testing planned to begin in August 2026

NATICK, Mass. and TOKYO, Aug. 20, 2026 /PRNewswire/ — Pillar Biosciences, Inc. (“Pillar”), LC-SCRUM-Asia and LSI Medience Corporation (“LSI Medience”) today announced a collaboration to support genomic screening of blood-based samples from patients with lung cancer as part of the LC-SCRUM-Asia project in Japan.

Following approval of a revision to the LC-SCRUM-Asia project protocol, the participating organizations plan to begin testing in August 2026. The project is expected to include approximately 2,000 patients over a two-year period.

Pillar’s oncoReveal® Essential+ assay has been validated at LSI Medience for use as a screening test for circulating cell-free DNA (cfDNA) and cell-free RNA (cfRNA) samples collected from patients with lung cancer participating in the LC-SCRUM-Asia project. Testing will be performed by LSI Medience to support identification of genomic alterations relevant to the project’s research objectives.

“LC-SCRUM-Asia has established an important collaborative framework for advancing precision oncology research in lung cancer,” said Daniel Harma, Chief Commercial Officer, Pillar Biosciences. “We are pleased that oncoReveal Essential+ has been validated at LSI Medience for screening both cfDNA and cfRNA samples and look forward to supporting this large-scale project in Japan.”

“Rapid and reliable genomic testing is essential for identifying patients who may benefit from biomarker-driven clinical studies and emerging precision therapies,” said Dr. Koichi Goto of LC-SCRUM-Asia. “The use of oncoReveal® Essential+ through LSI Medience will provide the LC-SCRUM-Asia network with a highly accurate and accessible liquid biopsy solution for analyzing cfDNA and cfRNA from patients with non-small cell lung cancer, while supporting the rapid turnaround needed for clinical research.”

Supporting blood-based genomic screening in lung cancer
Liquid biopsy testing can enable genomic analysis from blood samples when tissue is limited or when a minimally invasive sampling approach is desirable. By combining analysis of cfDNA and cfRNA, the LC-SCRUM-Asia project is designed to support broad screening for genomic alterations in patients with lung cancer.

The planned use of oncoReveal Essential+ within the LC-SCRUM-Asia project reflects the assay’s ability to support targeted NGS analysis from blood-based specimens within a decentralized laboratory workflow.

About LC-SCRUM-Asia

LC-SCRUM-Asia is a large-scale lung cancer genomic screening and clinical research network led by the National Cancer Center Hospital East in Japan. The project brings together medical institutions, diagnostic laboratories, pharmaceutical companies, and other research partners to identify genomic alterations in patients with lung cancer and facilitate the development and delivery of biomarker-driven therapies. Through comprehensive molecular screening and collaboration across participating institutions, LC-SCRUM-Asia seeks to advance precision medicine and expand clinical research opportunities for patients with lung cancer.

About LSI Medience Corporation

LSI Medience Corporation, a Japanese subsidiary of PHC Holdings Corporation, was established in 1975. With clinical testing as its primary business, LSI Medience develops new solutions by leveraging the analytical capabilities it has built across a broad range of testing fields. The company contributes to disease prevention, early detection, diagnosis, and treatment and is actively engaged in initiatives supporting next-generation healthcare, including personalized medicine. For more information, visit www.medience.co.jp/english/.

About Pillar Biosciences

Pillar Biosciences is a global provider of next-generation sequencing (NGS) kitted solutions designed to deliver high analytical performance and operational efficiency for cancer testing. Powered by proprietary SLIMamp® and PiVAT® technologies, Pillar enables localized testing to expand access to complex molecular diagnostics worldwide. The company offers a growing portfolio of IVD and RUO NGS kits targeting tumor profiling, biomarker analysis, and molecular research and monitoring applications. Pillar’s solutions are built to provide laboratories and pharmaceutical partners with reliable, reproducible results while improving workflow efficiency across clinical and research settings. For more information, visit pillarbiosci.com and connect with us on LinkedIn.

SuperX’s Japan Global Supply Center has Delivered Pro6000 Servers Worth US$31 Million and Secured New Orders

SINGAPORE, Aug. 20, 2026 /PRNewswire/ — SuperX AI Technology Limited (“SuperX” or the “Company”), a full-stack AI infrastructure solutions provider, announces the latest business milestone achieved by its Japan Global Supply Center, the Company’s core local hub for expanding presence in Japan’s computing infrastructure market. On July 9 and August 4, 2026, the Company entered into Phase 3 procurement contracts and Phase 4 Purchase Order, respectively, with Digital Dynamic Inc. (“DDI”), a Japan-based AI infrastructure company, via its partner, for the supply of Pro6000 servers. All equipment will be warehoused, allocated and delivered locally through the Japan Global Supply Center.

SuperX and DDI have secured four rounds of Purchase Orders in 2026. The first three orders were secured in January, April and July respectively, followed by a fourth new Purchase Order in August. Four successive capacity expansions within a single year fully demonstrate DDI’s recognition of SuperX’s product quality, delivery reliability and localized service capabilities, serving as solid evidence of the Company’s strengths in overseas computing hardware delivery. SuperX expects cumulative shipments to DDI to reach approximately US$38 million by the end of August 2026, of which approximately US$31 million has been shipped to date. Projects valued at around US$28 million are under phased production and sequential delivery, while new orders worth approximately US$20 million have been secured. The Company’s regional delivery capacity has been validated by the market, and its localized delivery model has entered large-scale operation.

Japan’s computing industry is accelerating the deployment of distributed AI infrastructure, with ongoing rollouts of data center operations, GPU cluster deployment and computing hosting projects. Market demand for bulk supply of high-performance servers, reliable product availability and rapid local response continues to climb. DDI has built a nationwide computing network across Japan, covering AI data center development and operation, hardware cluster asset management and commercial computing capacity provision. The company maintains sustained demand for stable supply of high-performance GPU hardware. This Phase 3 procurement contract and the Phase 4 Purchase Order, reflect the deepening long-term strategic partnership centered on localized delivery.

As SuperX’s pivotal local hub in Japan’s computing sector, the Japan Global Supply Center has established an integrated service ecosystem encompassing warehousing, bulk resource scheduling and local order fulfillment. Compared with conventional cross-border long-distance shipment models, the local hub significantly shortens equipment lead times, ensures on-time delivery of large-volume AI server orders, and caters precisely to local computing operators’ project schedules featuring phased rollouts and capacity expansion. Since commencing operations, the Center has continuously secured hardware orders from domestic computing service providers with steadily growing supply volumes.

The new contract and new orders demonstrate the expanding operational capacity of SuperX’s Japan Global Supply Center and further consolidate the Company’s service footprint in Japan’s local AI hardware delivery segment. Meanwhile, SuperX is actively onboarding more local computing clients, deepening regional market penetration and strengthening its market position within Japan’s AI infrastructure industry. Against the backdrop of rising demand for distributed AI computing infrastructure across Japan, SuperX will continue to optimize inventory scheduling, bulk delivery and supporting service frameworks at the Japan Global Supply Center and expand the scope of local order fulfillment. Leveraging its localized supply chain capabilities, SuperX will deliver consistent, efficient hardware support for regional AI infrastructure initiatives and steadily drive the expansion of its overseas computing infrastructure business.

About SuperX AI Technology Limited (NASDAQ: SUPX)

SuperX AI Technology Limited is an AI infrastructure solutions provider, offering a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The Company’s services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, 800 Volts Direct Current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, the Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit www.superx.sg

Safe Harbor Statement

This press release may contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

Forward-looking statements are only predictions. The reader is cautioned not to rely on these forward-looking statements. The forward-looking events discussed in this press release, including delivery schedules, production capacity and order values, and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. Actual delivery schedules and the value of AI servers delivered may vary based on customer data center readiness and supply chain conditions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

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CN Energy Group Announces Commencement of Production from Oil Well Investment Project in Cold Lake, Alberta

LISHUI, China, Aug. 20, 2026 /PRNewswire/ — CN Energy Group. Inc. (NASDAQ: CNEY) (“CNEY” or the “Company”) today announced that the oil well project in the Cold Lake region of Alberta, Canada, in which the Company’s Canadian wholly owned subsidiary, CNEY Canada Inc., holds an investment interest, has been completed and has commenced production.

Located in one of Canada’s major oil-producing regions, the project represents an important step in CNEY’s strategy to expand its North American energy operations and establish a platform integrating oil production, investment, trading and supply chain services.

Through Blessing Logistics Ltd., a wholly owned subsidiary of CNEY Canada Inc., CNEY is leveraging local energy resources, investment capital, operational capabilities and industry relationships to develop an integrated platform covering oil well investment, crude oil production, transportation, trading and supply chain management.

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

“The successful commencement of production at the Cold Lake oil well project marks an important milestone in the execution of our North American energy strategy. We are expanding beyond our existing energy businesses into oil asset investment, production operations and supply chain services. By combining Canadian energy resources, institutional investment capital and experienced operating teams, we aim to build a scalable energy investment and supply chain platform that can generate new opportunities for long-term growth.”

Going forward, CNEY will continue to evaluate oil and gas opportunities in Canada and across North America, with a focus on projects supported by established infrastructure, stable resource conditions, experienced operators and reliable sales channels. The Company will also emphasize production management, cost control, environmental compliance, operational safety and supply chain risk management as it expands its North American energy platform.

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 Company’s plans to expand its North American energy operations, the development and expansion of its energy investment and supply chain platform, and its plans to continue evaluating oil and gas opportunities in Canada and across North America. 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. Actual results may differ materially from those expressed or implied by these forward-looking statements as a result of various factors, including market and commodity price conditions, operational performances, regulatory requirements, and the Company’s ability to successfully execute its business strategy.

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.

Apodex Launches TRACES, a Benchmark for Scientific Discovery

TRACES moves beyond static datasets and answer keys, testing whether AI can navigate real-world scientific environments, adapt to feedback and produce verifiable discoveries

REDWOOD CITY, Calif., Aug. 20, 2026 /PRNewswire/ — Apodex today introduced TRACES, a novel benchmark designed to evaluate AI on one of the hardest challenges in artificial intelligence: working on real-world problems where the answer may not yet be known.

Most AI benchmarks begin with an answer key. They measure whether a model can retrieve established knowledge, solve a predefined problem, write correct code or reproduce a known result. Scientific discovery is different. Researchers often begin without knowing the answer, and sometimes without knowing whether their initial hypothesis is correct. Progress may require searching vast bodies of evidence, using specialized tools, maintaining competing hypotheses, running experiments, learning from failure and repeatedly revising a line of inquiry before reaching a conclusion that can withstand verification. In some scientific problems, the ultimate answer may not become known until months or years later.

TRACES is designed for that world. Rather than treating a benchmark as a static dataset with hidden answers, TRACES transforms real-world problems into executable environments where AI systems can observe, act, use tools, learn from feedback and work toward verifiable outcomes. The process of such AI systems interacting with executable environments are also evaluated along six TRACES capabilities, novel evaluation metrics which we design specifically for the purpose of evaluating discoverative AI. Together, these real-world problems, executable environments and evaluation frameworks form the TRACES benchmark.

“TRACES is a benchmark designed specifically to evaluate progress in discoverative AI,” said Dr. Sheng Wang, Lead Scientist at Apodex, who leads discovery and evaluation. “It brings together sophisticated efforts in scouting high-value real-world problems, assembling the tools and data needed to build executable environments, and developing a novel scoring system that evaluates not only outcomes but also the discovery process. We believe TRACES represents an important milestone in the development of discoverative AI.”

Beyond Static Benchmarks: Toward Executable Environments

TRACES is built around a different conception of AI evaluation. Instead of presenting a model with a question and scoring only its final answer, a TRACES environment gives an AI system an environment in which to work. Depending on the problem, that environment may include scientific literature, structured datasets, code execution, specialized scientific tools, simulators, folding engines, experimental feedback or other interfaces. The system must decide what to do, interpret what happens, update its approach and continue working toward a verifiable outcome. The full trajectory can then be evaluated alongside the final result.

TRACES: Six Capabilities for Discovery

Discoverative AI aims at answering open-ended, high-value questions, many of which may lack outcome feedback. It is therefore essential to evaluate and verify the process of such systems, essential for the success of discoverative AI. To this end, within these environments, TRACES evaluates six capabilities Apodex considers fundamental to long-horizon, verifiable problem solving:

  • T — Tools: selecting, calling and correctly interpreting external tools
  • R — Repair: locating and correcting its own errors once feedback arrives
  • A — Alternatives: laying out competing hypotheses and keeping or discarding them as evidence accumulates
  • C — Coherence: holding state, constraints and logic intact across a long chain of work
  • E — Evidence: grounding every conclusion in observation, data, experiment or citation
  • S — Scope: stating the conditions under which a conclusion holds, and where it does not apply

“The TRACES process verification is what makes the benchmark unique,” said Brian Wang, AI Research Scientist at Apodex. “In scientific discovery, the answer is one line at the end of hundreds of judgments — what to try next, when the evidence is enough, when to abandon a hypothesis. The capability lives there, and scoring only the last line throws away almost all of it. Our TRACES verifier systematically scores the quality of process, which is essential for evaluating and improving AI systems for long-horizon, open-ended discoverative jobs.”

Together, these dimensions evaluate more than whether an AI produced the right final answer. They evaluate how the system got there. A scientifically plausible answer is not enough if the system used the wrong tool, ignored contradictory evidence, failed to consider alternative explanations or made a claim broader than its evidence supports. The objective is to evaluate both outcome and process — what the system discovered and whether the path it took supports the conclusion.

Verifying the Path, Not Only the Answer

In TRACES, AI systems are evaluated both by outcome and process verifiers. The outcome verifier grades a submission against hidden ground truth; the process evaluation asks whether the conclusion was earned — whether the path that produced it is one that would hold up on the next problem. Both matter, but for discoverative AI, process verification is arguably more important,  evaluating submissions along the six fundamental TRACES capabilities.

TRACES makes each of the generic capabilities concrete for different environments. Evidence fidelity (E), for instance, could take different forms: where a solver must propose a candidate that will later be tested in the physical world, it asks whether the proposal rests on a prediction the solver actually ran under its limited feedback budget rather than on asserted plausibility; where the deliverable is a report that must survive audit, it asks whether every figure traces to a procedure genuinely executed on the population it claims to describe. Decomposing TRACES capabilities into problem-specific atomic skills or subrubrics, TRACES verification offers targeted process evaluation and diagnostic feedback.

Evaluators do not assign a free-form score — they match observed evidence against explicit written descriptions of each scoring band, and every finding is anchored to specific steps in the recorded trajectory. An independent model then reviews the result, and disagreement triggers a re-score and final adjudication. Calibrations between process verification and hidden outcomes, and verification-repair loops are also carried out to ensure the validity of our process verifier.

Beyond What AI Knows: Measuring What It Can Discover

As AI moves deeper into science, the distinction between knowing and discovering becomes increasingly important. A model can summarize what humanity already knows about a disease and still fail to identify a new therapeutic opportunity. It can understand published protein science and still fail to design a biological candidate that works when tested. It can produce an elegant scientific explanation that collapses when confronted with new evidence. Discovery begins where the answer key ends. TRACES is Apodex’s attempt to evaluate AI at that boundary.

About Apodex

Apodex is building Discoverative AI: artificial intelligence that discovers unknown things from known knowledge, rather than just generating outputs from material already in the training distribution. At the core is the company’s Self-Evolving Solver, a system built for real-world problems: questions with no answer in any dataset, where every reasoning step can be audited, and every improvement is earned through verified discovery.

Apodex’s founding thesis is that scale and data alone cannot cross the barrier from pattern-matching to genuine discovery. Crossing it requires new ideas from neuroscience, information theory, physics, and formal verification — and the people sharp enough to bring them. Apodex is hiring across research, engineering, and open-source contributions. Learn more at www.apodex.com.

Participation and Access

TRACES is open for participation, and Apodex is actively seeking both solver systems to evaluate and new problems to build. Teams building a solver system — a model, a harness, an agent loop, or all three — can submit it for evaluation on our benchmark, including on the TRACES capabilities, through https://discovery.apodex.com/submit-solver.html. No integration work is required from the submitting team: every system enters through the same fixed episode interface, and Apodex performs that work in collaboration with the submitter. Researchers and organizations holding a consequential problem from their own field — one they believe an AI system should be able to attack — can propose it through https://discovery.apodex.com/submit-problem.html, and Apodex will work with them to turn it into an executable environment with both outcome and process verifiers.

For More Information

The complete framework, including the problem-scouting process behind the 423 high-value problems assembled from a survey of 561 industries across 16 sectors, the environment and episode design, the process metric, and full results, is documented in the following technical report and websites:

Explore TRACES and its environments 
Read the TRACES technical paper on arXiv 

Media Contact
TEAM LEWIS: apodex@teamlewis.com