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Alibaba Group Partners with UEFA Men’s Club Competitions from 2027/28 to 2032/33 and UEFA EURO 2028™

  • Alibaba becomes the official and exclusive partner for AI, Cloud Computing Services, and E-commerce
  • Partnership to deploy Alibaba Cloud and Qwen Artificial Intelligence to deliver smart operations and personalized digital experiences for fans

BUDAPEST, HUNGARY – Media OutReach Newswire – 29 May 2026 – Alibaba Group today announced a multi-year partnership with the Union of European Football Associations (UEFA) and UC3, the joint venture between UEFA and European Football Clubs (EFC) that controls and manages the strategic marketing, sales and delivery of commercial rights for UEFA club competitions. Alibaba Group becomes the official and exclusive AI, Cloud Computing Services, and E-commerce partner of the UEFA Champions League, UEFA Europa League and UEFA Conference League from 2027/2028 to 2032/2033 and of UEFA EURO 2028TM.

The partnership will see the deployment of Alibaba’s advanced AI capabilities in supporting fan engagement and media and content management via its Qwen Large Language Model (LLM).Together with its cloud computing infrastructure and global e-commerce platform, Alibaba will power an immersive fan and content experience worldwide across UEFA’s flagship competitions.

UEFA President Aleksander Čeferin said: “We are delighted to welcome Alibaba as a global partner for UEFA EURO 2028 and as a future partner of our men’s club competitions. Their expertise in artificial intelligence, cloud computing technology, and e-commerce will support UEFA’s commitment to thoughtful innovation and to enhancing the experience of supporters around the world. Together, we can bring fans closer to the game in new and meaningful ways – making our competitions feel even more captivating, engaging and accessible, while preserving the traditions, emotions and spirit that define European football.”

“We believe that football is a shared language around the world, and the unifying power of the game at all levels for all fans is the mission that brings Alibaba and UEFA together,” said Joe Tsai, Chairman of Alibaba Group. “I am excited to work with UEFA to realize the vision of this multi-year partnership, where we will commit our cloud computing, full-stack AI, and global e-commerce capabilities to support UEFA and UC3 to deliver these iconic competitions to global fans.”

Alibaba’s cloud infrastructure and Qwen LLM will support UEFA in building its own next-generation AI capabilities. Fans will benefit from personalized, AI-powered experiences that deepen their engagement with the sport. Through Alibaba’s global e-commerce network, fans around the world may soon enjoy seamless access to a wide range of official merchandise from the UEFA men’s club competitions from 2027/2028 and UEFA EURO 2028TM.

This partnership is a new global benchmark in sports innovation. It combines UEFA’s unmatched sporting legacy and global fan base with Alibaba’s expertise in AI, cloud computing, and e-commerce, creating a scalable model for sports federations, leagues and teams to engage fans worldwide.

The development and execution of the partnership between UEFA, UC3, and Alibaba was facilitated by Relevent, a world-leading commercial rights partner dedicated to international football. The UEFA EURO 2028 partnership will be managed by CAA11.

Hashtag: #AlibabaGroup

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

About UEFA

UEFA is the governing body of European football and a not-for-profit organisation which supports and ensures the world‘s most popular sport continues to thrive at all levels across its 55 member associations. As part of its commitment, UEFA invests 97.5% of its revenue in football-related activities, projects and initiatives that ensure the continued development of the men’s and women’s professional game as well as youth, grassroots and futsal.

About UC3
UC3 unites European football‘s governing body UEFA and European Football Clubs (EFC), representing more than 800 top European clubs, around a new vision for managing commercial rights to UEFA club competitions (the “UCCs”). It is the commercial entity responsible for generating revenues from the UCCs and creating value for our partners. UC3 oversees the management, sales and delivery of all commercial rights (including media, sponsorship and licensing rights) for UEFA‘s elite men‘s and women‘s club competitions.

About Alibaba Group

Alibaba Group is a global technology company focused on AI + Cloud and consumption. We provide the technology infrastructure and marketing reach to help merchants, brands, retailers and other businesses to engage with their users and customers and operate efficiently. We empower consumers and enterprises with our full-stack AI capabilities and services. Our AI technology based on Qwen (Chinese: Qianwen), a family of large language and multimodal models, powers the intelligence behind our services across enterprise solutions, e-commerce and other Internet platforms.

Global New Materials International Honored with Multiple Accolades at 2026 “Golden Kunpeng” Awards, Anchoring Strategic Direction for New Materials under 15th Five-Year Plan

HONG KONG, May 29, 2026 /PRNewswire/ — Against the backdrop of China’s continued emphasis on the real economy under the “15th Five-Year Plan” and the rising strategic importance of the new materials industry, premier enterprises are experiencing a multi-dimensional resonance driven by policy tailwinds, market demand, and industrial synergy.

Today, the 2026 Global Newspaper Economic Forum and the “Golden Kunpeng” China Financial Value Awards Ceremony, co-hosted by the Global Commercial Newspapers Union and Hong Kong Commercial Daily, officially commenced in Hong Kong.

Double Coronation on the Financial Value List

During the high-profile ceremony, the official honorees for the 2026 “Golden Kunpeng” China Financial Value List were unveiled. Global New Materials International Holdings Limited (GNMI; stock code: 06616.HK) clinched the prestigious award for “Most Investable Listed Company under the 15th Five-Year Plan”. Concurrently, Dr. Su Ertian, Chairman of the Board and Chief Executive Officer of GNMI, was named the “Most Influential Chairman of a Listed Company”.

The Golden Kunpeng Awards are determined by the China Financial Value List through a rigorous framework evaluating corporate value and industry influence. Winners must achieve benchmark-level standards across multiple dimensions, including product strength, profitability, growth potential, and social value. The ceremony brought together hundreds of distinguished guests from the HKSAR Government, industry associations, and financial institutions.

Within this year’s honors list, GNMI stood out as the sole enterprise in the new materials subsector to sweep two major awards. This represents more than an industry coronation; it marks a decisive vote of confidence from international capital markets in GNMI’s strategic evolution into a “globalized, platform-based enterprise” via high-tier industrial M&A during a phase of global industry consolidation.

 A Paradigm Shift in Institutional Valuation

For mature institutional funds, evaluating a large-scale industrial M&A enterprise currently undergoing deep integration solely through traditional static P/E metrics risks overlooking non-cash expenditures and phased investments typical of the initial integration phase. Peering through the technical volatility of the income statement to focus on a company’s true cash-generation capacity, intrinsic growth elasticity, and the full-year revenue growth visibility of the group constitutes the foundational logic for long-term value assessment by international capital. GNMI’s recognition as the “Most Investable Listed Company under the 15th Five-Year Plan” reflects market acknowledgment of its M&A integration logic and growth visibility.

Anchored in the “15th Five-Year Plan”: Breaking Through Industry Chokepoints and Defining Market Leadership

As a newly designated pillar industry prioritized for cultivation and development under China’s 15th Five-Year Plan, the new materials sector serves as a core cornerstone supporting high-end manufacturing and technological innovation. Crucially, it acts as a strategic bulwark safeguarding critical domestic domains against foreign chokepoint risks during geopolitical friction.

As a key entity executing the Industrial Foundation Strengthening Project for synthetic mica (endorsed by China’s Ministry of Industry and Information Technology), GNMI’s flagship product—synthetic mica—has been precisely listed under the “encouraged” category of the Industrial Structure Adjustment Guidance List (2024 Edition). This national-level strategic positioning not only unlocks hard-core policy tailwinds for an asset-heavy, high-barrier industrial new materials sector, but also charges GNMI with the era-defining mission of acting as an industry benchmark to lead the continuous advancement of China’s surface performance materials sector.

This robust capacity to execute national strategy has translated from blueprint to tangible value through GNMI’s dense rollout of major industrial projects.

In February 2026, the Tonglu synthetic mica project, engineered for an annual capacity of 100,000 tons, successfully commenced production and ignition. This milestone marks the official commercialization of what is currently the world’s largest and most technologically advanced synthetic mica manufacturing base, while simultaneously strengthening the self-sufficiency and resilience of China’s vertical new materials supply chain.

As a critical foundational new material nationwide, synthetic mica is an indispensable component of the advanced manufacturing ecosystem. GNMI’s Tonglu project is dedicated to the R&D and industrialization of high-quality synthetic mica and its derivatives, securing a stable supply of premium core substrates for the company’s global value chain. By resolving acute industry pain points such as the prohibitive procurement costs of natural mica and ESG-related procurement premiums, the project bolsters independent supply-side autonomy from the raw material level.

Data from Frost & Sullivan indicates that the global pearlescent materials market is projected to cross the RMB 50 billion threshold by 2030, with the Chinese market expected to capture a massive share of RMB 13.5 billion. The entire sector is at a golden inflection point of exploding demand. Driven specifically by the rise of new energy vehicles and the aesthetic iteration of premium automotive coatings, demand for pearlescent materials in the automotive sector is witnessing explosive growth—a premium frontier that natural domestic materials historically struggled to breach.

With a logical closed loop formed from strategic endorsement to capacity breakthroughs and high-value market penetration, GNMI is accelerating its transition from a “follower” to a “leader” within a global surface performance materials industry that is rapidly consolidating toward technology-driven platform giants.

Cross-Border M&A Unlocks Synergy Dividends, Forging a Globalized Surface Performance Materials Platform

How far an enterprise can journey often hinges on the strategic foresight and intellectual depth of its leadership. Honored as the “Most Influential Chairman of a Listed Company,” Dr. Su Ertian’s strategic philosophy has consistently emphasized a dual-engine development model: “anchoring the baseline through organic R&D, and breaking new ground via external M&A”.

Dr. Su Ertian is resolutely committed to building the company into a globalized, platform-based enterprise for surface performance materials. Driven by this forward-looking capital and industrial vision, the company successfully finalized the strategic acquisition and closing of 100% equity in Merck Group’s Surface Solutions business, SUSONITY, in 2025.

In transitioning from a domestic market leader to a global platform, GNMI has established a sustainable, two-way value conversion pathway under a “bring-in and going-out” dual-circulation globalization philosophy:

External Expansion (“Going Out”): GNMI has leveraged its cross-border acquisitions and integrations of Germany’s Merck Surface Solutions business (SUSONITY) and South Korea’s CQV to fully import a mature technology system and global distribution network that has served top-tier automotive and cosmetics sectors for over 60 years, successfully penetrating core European and North American markets. In 2025, the company’s sales revenue in Europe spiked by 555.0% year-on-year, while North American sales surged by 1,047.5%, rapidly accelerating the revenue contribution from overseas markets.

Organic Anchoring (“Bring In”): GNMI is matching high-end product lines featuring world-class technical capabilities with the massive consumer markets of China and the Asia-Pacific. Recently, its subsidiary SUSONITY inked a strategic cooperation agreement with RUNBEN, the leading brand in China’s mosquito-repellent industry. The two parties will deepen cooperation across product R&D, technological innovation, and market expansion, driving product-level value resonance between an internationally leading technology system and an established Chinese consumer brand.

Currently, GNMI has deployed six R&D centers, six manufacturing hubs, and six application centers globally, with a sales network spanning over 150 countries and regions. Its three major brands—Chesir, SUSONITY, and CQV—have formed a full-link collaborative matrix encompassing R&D, production, and regional application.

When assessing the success of a cross-border acquisition, the intrinsic cash-generation capacity of overseas subsidiaries remains the ultimate litmus test. CQV’s Q1 2026 performance staged a powerful rebound (“deep crouch and high jump”), signaling strong visibility for full-year high growth as its core business revenue and sales volume achieved robust year-on-year growth. Sales of high-value-added products, such as alumina-based and glass-based materials, expanded significantly, accelerating market penetration from South Korea into broader international markets.

Even more compelling than stellar financial metrics is management’s deployment of “real silver and gold” to increase their holdings in the secondary market. Following consecutive purchases of nearly 2.442 million ordinary shares in April 2026, Chairman Dr. Su Ertian took intensive action again on May 13 and 14, increasing his stake by 773,000 shares and 232,000 shares, respectively. Such high-frequency, large-scale cash investments within a compressed timeframe vividly demonstrate management’s ironclad confidence in the company’s long-term cash-generation resilience.

Diversified Product Portfolio: 5,000+ Effect Pigments Construct a Defensible Moat; Active Ingredients Second Curve Fuels High Growth

In terms of its product narrative, GNMI has completely broken free from the cyclical risks inherent to single-material enterprises, presenting a diversified matrix characterized by an exceptionally robust cash-flow engine alongside wide-open growth trajectories.

The Core Baseline: 5,000+ Effect Pigments

A product matrix exceeding 5,000 effect pigments forms GNMI’s unshakable core business. By consistently executing global integration and independent R&D strategies, the company has constructed a multi-substrate, all-scenario product portfolio, thereby building formidable customer stickiness and competitive barriers in high-margin sectors such as premium automotive, digital electronics, industrial coatings, and cosmetics. In 2025, GNMI’s pearlescent effect pigments revenue reached RMB 2.53 billion, a substantial year-on-year growth of 65.8%, providing solid, counter-cyclical free cash flow to backstop continuous expansion and anchor its foundational cash generation.

The Second Growth Curve: Cosmetic Active Ingredients

While stabilizing its core, GNMI naturally absorbed the high-end cosmetic Active Ingredients business into its portfolio via the SUSONITY acquisition, marking a critical strategic step into the healthcare and premium beauty verticals. As a core flagship series within the legacy Merck Surface Solutions ecosystem, the active ingredients business boasts high technological barriers, exceptional gross margin profiles, and high-frequency customer re-purchasing behavior. Leveraging this world-class asset, GNMI utilizes cutting-edge inorganic encapsulation and surface modification techniques to deliver high-end cosmetic active ingredients featuring superior skin barrier repair, photoaging defense, and safe sun protection.

The cultivation of GNMI’s second growth curve precisely capitalizes on the global macro trends of “Clean Beauty” and science-backed skincare, effectively shattering the long-standing monopoly of overseas specialty chemical giants in high-end active ingredients. This vertical leap from high-value-added effect pigments into healthcare active ingredients expands technological boundaries across both volume and quality, unlocking fresh earnings growth upside on a commercial level.

Future Outlook & Valuation Synergy

Looking ahead to the new industrial landscape of the “15th Five-Year Plan,” GNMI’s medium- to long-term growth momentum continues to crystallize, underpinned by technical barriers, a globalized capacity footprint, and supply chain integration capabilities.

A recent research report from Changjiang Securities pointed out that the company is poised to further expand its mid-market share by leveraging its scale and synthetic mica advantages alongside ongoing capacity additions. Simultaneously, its expansion pathway into high-end markets remains highly transparent via the channel and technical resources of SUSONITY and CQV, with meaningful synergy-driven cost reductions highly anticipated.

Following the acquisitions of South Korea’s CQV and Merck’s Surface Solutions business, channel synergy, product onboarding, cost optimization, and technological complementarity are expected to yield an integration effect of “1+1+1>3,” leading the brokerage to maintain its “Buy” rating.

PLX Asia Summit Introduces Southeast Asia’s First Unified Private Label Platform

Industry Leadership Summit at THAIFEX – Anuga Asia 2026 marks the first step toward the full-scale PLX Asia trade event in 2027

BANGKOK, May 29, 2026 /PRNewswire/ — PLX Asia, Southeast Asia’s first unified B2B platform dedicated to private label and contract manufacturing, was introduced today through the Industry Leadership Summit, marking the first step toward its full-scale trade event in 2027. Designed to connect retailers, manufacturers, and solution providers, PLX Asia addresses a critical gap in the region’s retail and manufacturing landscape through a focused, business-driven ecosystem that supports innovation, sourcing efficiency, and sustainable growth across Southeast Asia’s private label value chain.

PLX Asia Private Label Expo
PLX Asia Private Label Expo

Led by the Organisers and Official Partners — the Department of International Trade Promotion (DITP), the Thai Chamber of Commerce (TCC), and Koelnmesse — PLX Asia was introduced to the industry as a concept through the Industry Leadership Summit held during THAIFEX – Anuga Asia 2026 on 29 May 2026, ahead of its full-scale trade event in 2027.

Addressing a Critical Gap in Southeast Asia’s Retail and Manufacturing Landscape

Private label has become a major growth driver in mature retail markets across China, Europe, and North America, where retailers increasingly leverage private brands to strengthen margins, accelerate innovation, and respond more effectively to evolving consumer demands.

In Southeast Asia, the private label market is entering a pivotal growth phase, underpinned by the region’s strong Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) capabilities, expanding modern retail infrastructure, and a rapidly growing, value-conscious middle class, creating significant headroom for private label expansion across the region.

“PLX Asia responds to a structural shift in global retail,” said Mathias Kuepper, Managing Director and Regional President, APAC, Koelnmesse Pte Ltd. “Private label has moved from a value alternative to a core growth driver for retailers worldwide. Southeast Asia is now reaching that inflection point, but the ecosystem is still fragmented. PLX Asia is being developed to bring focus to the market by connecting retailers and manufacturers, accelerating capability building, and supporting the next phase of private label growth in the region.”

PLX Asia is envisioned as a dedicated, regionally relevant platform that brings together retailers, manufacturers, and solution providers in one focused ecosystem. By doing so, the platform aims to reduce sourcing fragmentation, improve speed-to-market, and enable more strategic collaboration across the private label value chain. The introduction of PLX Asia marks an important step in advancing Thailand’s role as a regional trade and sourcing hub.

“Thailand’s competitive advantage in the Private Label industry extends beyond cost efficiency or production capacity; it lies in the trust and readiness of Thai manufacturers to respond to global market demands in an end-to-end manner, particularly in OEM and ODM production,” said Dr. Poj Aramwattananont, Chairman of the Thai Chamber of Commerce (TCC). “Thai manufacturers integrate product development, design, and manufacturing in compliance with internationally recognised standards, in line with global consumer demand for value for money, quality, safety, and sustainability. Private Label therefore plays a key role in enhancing retailers’ competitiveness while enabling Thai manufacturers to strengthen their position in the global value chain.”

Nowadays, many Thai entrepreneurs demonstrate strong capabilities in high-growth sectors such as food, healthcare, and health-related products, as well as jewellery and fashion. Combined with flexible manufacturing and specialised expertise, Thailand is well positioned to further develop as a hub for Private Label manufacturing and value creation. In this regard, PLX Asia serves as a key platform connecting Thai manufacturers with international retailers not only to create short-term trade opportunities, but also to foster long-term partnerships that support the sustainable growth of Thailand’s economy.

A Dedicated Platform for Private Label Growth

PLX Asia is being introduced as a dedicated platform for private label and contract manufacturing across food and non-food categories, reflecting the broader opportunity for retailers and manufacturers in Southeast Asia. From food and beverage to beauty and personal care, household products, pet care, packaging, branding, and product development, the platform is designed to support private label growth beyond a single category or sector.

Rather than following a traditional exhibition model, PLX Asia is being developed as a curated, outcomes-driven platform that prioritises meaningful business engagement over scale and quantity. This approach reflects the specific needs of private label stakeholders, where efficiency, trust, category expertise, and long-term partnerships are often more critical than conventional trade show visibility.

Industry Leadership Summit at THAIFEX – Anuga Asia 2026

The PLX Asia kick-off event, the Industry Leadership Summit, held during THAIFEX – Anuga Asia 2026 on 29 May 2026, served as the platform concept’s formal industry introduction. Designed as a high-level, closed-door content and networking programme, the Summit convened more than 200 senior decision-makers from retail, manufacturing, product development, packaging, and investment communities across Southeast Asia and beyond to explore the evolving opportunities shaping the region’s private label landscape.

The event was supported by industry associations, including the Thailand Retailer Association, with Daymon participating as the Official Knowledge Partner.

“In Southeast Asia, Private Brand is no longer just a shelf tactic – it is becoming a boardroom growth agenda, won through flawless execution at the shelf. It is about more than price: it is about growth, differentiation, margin, and shopper relevance. The retailers who act now, and execute well, will shape the next chapter of modern retail in the region.” said Nuno Afonso, President of Daymon International.

Early participants for the full-scale PLX Asia trade event in 2027 were also presented during the Industry Leadership Summit, offering the industry a first look at the ecosystem taking shape around the platform. Designed as a thought leadership and relationship-building forum, the Summit established the foundation for deeper engagement and participation in the years ahead.

Building Towards the Full-Scale PLX Asia Trade Event in 2027

Following this first official industry introduction, PLX Asia will continue to evolve as a dedicated platform, expanding exhibitor segmentation, strengthening its regional manufacturer database, and deepening engagement with retailers and industry stakeholders across Southeast Asia.

PLX Asia’s inaugural full-scale trade exhibition is planned for 2027 as a standalone show covering private label and contract manufacturing across food and non-food categories, including areas such as food & beverage, beauty and personal care, and household products. The long-term ambition is to establish the platform as the region’s leading hub for private label innovation, sourcing, and collaboration.

By connecting Southeast Asia’s competitive manufacturing base with the evolving needs of regional and international retailers, PLX Asia aims to play a central role in shaping the future of private label growth across the region.

About PLX Asia

PLX Asia is Southeast Asia’s first B2B platform dedicated exclusively to private label and contract manufacturing. Led by the Organisers and Official Partners — the Department of International Trade Promotion (DITP), the Thai Chamber of Commerce (TCC), and Koelnmesse — the platform connects retailers, manufacturers, and solution providers across the region to drive innovation, sourcing efficiency, and sustainable growth within the private label ecosystem.

Designed specifically for Southeast Asia’s retail and manufacturing landscape, PLX Asia addresses long-standing gaps in private label sourcing through a focused, business-driven engagement model. By prioritising curated interactions, knowledge-led programmes, and commercially relevant outcomes over traditional exhibition scale, the platform enables retailers to identify trusted partners and supports manufacturers in expanding their regional and international market access.

Organisers and Official Partners

Department of International Trade Promotion, Ministry of Commerce, Thailand

The Department of International Trade Promotion is committed to providing excellent service to Thai entrepreneurs in international business, including trade facilities, cost reduction, value creation of goods and services, providing consultation for overseas market access and maintenance, as well as close cooperation with the private sector to promote Thailand as a major gateway of Asia. http://www.ditp.go.th/

Thai Chamber of Commerce

The Thai Chamber of Commerce represents the Thai private sector to facilitate business and trade as well as to serve as the central coordinating agency between the government and private sector, and also helps to promote trade, business and economic cooperation including, build relationships between Thai and partner countries at the bilateral and multilateral level as well as plays a proactive role in representing the interests of the local Thai business community.

https://www.thaichamber.org/

Koelnmesse Asia Pacific – Global Competence in Food and FoodTec

Koelnmesse is an international leader in organising food fairs and events regarding food and beverage processing. Trade fairs such as the ANUGA, ISM and ANUGA FoodTec are established world leaders. Koelnmesse not only organises food and food technology trade fairs in Cologne, Germany but also in further growth markets around the globe, for example, in Brazil, China, Colombia, India, Italy, Japan, Thailand, the United States and the United Arab Emirates, which have different focuses and contents. These global activities enable us to offer our customers a network of events, which in turn grant access to different markets and thus create a basis for sustainable and stable international business. Further information is available at: https://www.koelnmesse.com/current-dates/all-trade-fairs/

From left to right: Mr. Phusit Sasitaranondha, Executive Advisor, Koelnmesse Thailand / Expolink Global Network Ltd; Khun Viboon Supakarnpongkul, Vice Chairman, The Thai Chamber of Commerce; Mr. Mathias Kuepper, Managing Director & Regional President, Asia Pacific, Koelnmesse Pte Ltd; Khun Surinthorn Sunthornsanan, Deputy Director-General, Department of International Trade Promotion (DITP), Ministry of Commerce; Mr. Gerald Böse, CEO, Koelnmesse GmbH; Dr. Poj Aramwattananont, Chairman, The Thai Chamber of Commerce; Khun Kitsana Vacherkrits, Vice Chairman, The Thai Chamber of Commerce; and Khun Chainit Chansataporn, Vice Chairman, The Thai Chamber of Commerce.
From left to right: Mr. Phusit Sasitaranondha, Executive Advisor, Koelnmesse Thailand / Expolink Global Network Ltd; Khun Viboon Supakarnpongkul, Vice Chairman, The Thai Chamber of Commerce; Mr. Mathias Kuepper, Managing Director & Regional President, Asia Pacific, Koelnmesse Pte Ltd; Khun Surinthorn Sunthornsanan, Deputy Director-General, Department of International Trade Promotion (DITP), Ministry of Commerce; Mr. Gerald Böse, CEO, Koelnmesse GmbH; Dr. Poj Aramwattananont, Chairman, The Thai Chamber of Commerce; Khun Kitsana Vacherkrits, Vice Chairman, The Thai Chamber of Commerce; and Khun Chainit Chansataporn, Vice Chairman, The Thai Chamber of Commerce.


Power Support Accelerates Livelihood Project Construction in Jinchang

JINCHANG, China, May 29, 2026 /PRNewswire/ — In May 2026, Zhang Wei, person in charge of Jinchuan District Public Training Base Project in Jinchang City, spoke highly of professional power services provided by State Grid Jinchang Power Supply Company. The early intervention and whole-process follow-up power services have solved complicated power docking problems efficiently and saved precious construction time for the key livelihood project.

As a pivotal local livelihood project, the public training base aims to improve the regional skilled talent cultivation system, expand employment and entrepreneurship channels for local residents, and drive industrial upgrading. To guarantee the early completion and operation of the people-benefiting project, State Grid Jinchang Power Supply Company has fulfilled central enterprise social responsibilities actively by moving power services forward in advance.

The power company set up a special working team covering multiple professional fields at the initial planning stage of the project. Staff conducted repeated on-site surveys to figure out local power grid conditions, accurately calculate power load and identify potential power consumption difficulties, so as to formulate exclusive and targeted power supply solutions.

Breaking the traditional passive service mode, the company adopted integrated power guarantee plans, streamlined power application approval procedures, and launched parallel examination and approval services. Through seamless government-enterprise coordination, the team solved power grid matching and line connection problems in a timely manner throughout project construction.

Going forward, State Grid will continue to optimize business environment for power consumption, stick to proactive whole-process services for key livelihood projects, and fuel high-quality local economic and social development with stable and reliable power supply.

Monport Laser Showcases Upgraded GA Series and GT Series MOPA Fiber Laser Machines for High-Speed Color Metal Engraving

NEW YORK, May 29, 2026 /PRNewswire/ — The enhanced fiber laser engraver lineup combines industrial-grade speed, precision, color marking, and deep metal engraving capabilities.

Monport Laser today highlighted its upgraded GA Series and GT Series MOPA fiber laser lineup, designed to help creators, workshops, and industrial manufacturers achieve faster production speeds, greater engraving precision, and more advanced metal processing capabilities.

The upgraded series strengthens Monport’s portfolio of professional fiber laser engraver systems by combining intelligent automation, industrial-grade engraving performance, and advanced MOPA laser technology into flexible solutions for both small businesses and large-scale manufacturing operations.

Built for precision-driven workflows, the upgraded lineup supports high-speed engraving, color marking, deep 3D relief carving, thin-metal cutting, and industrial marking across materials including stainless steel, aluminum, brass, titanium, acrylic, slate, hard plastics, and coated metals.

As demand continues to grow for high-performance metal laser engraving machine solutions across industries such as manufacturing, automotive, jewelry, electronics, and custom fabrication, Monport’s upgraded systems are engineered to improve both production efficiency and engraving quality.

Upgraded GA Series Focuses on Precision, Flexibility, and Ease of Use

The upgraded GA Series is designed for businesses and creators seeking a compact yet powerful fiber laser engraver capable of handling detailed engraving and professional production work with greater speed and accuracy.

Available in 60W and 100W configurations, the GA Series uses advanced MOPA technology to support color marking, deep engraving, and precision cutting applications. The integrated system combines high-speed performance with simplified operation for workshops, customization businesses, and industrial users looking to expand metal engraving capabilities.

As an advanced mopa fiber laser engraver, the GA Series offers:

  • Color marking and deep 3D engraving
  • One-touch autofocus technology
  • Wide pulse width and frequency adjustment
  • 90-degree adjustable laser arm
  • Up to 10,000 mm/s engraving speed
  • 0.01 mm ultra-high engraving precision
  • Advanced Galvo scanning technology
  • LightBurn software compatibility
  • One-minute installation setup
  • Expanded engraving area up to 300 × 300 mm

The upgraded GA Series also functions as a versatile metal laser engraving machine for industrial labels, serial numbers, jewelry engraving, custom branding, texture carving, and detailed metal artwork.

Its deep engraving and relief capabilities help users create dimensional textures and precision metal engravings while maintaining clean edges and consistent detail quality.

GT Series Expands Industrial Performance With Higher Power and Faster Speed

Monport’s upgraded GT Series fiber laser engraver is engineered for demanding industrial production environments requiring faster engraving speeds, deeper cutting capability, and enhanced automation.

The GT lineup is available in 60W, 80W, 100W, and 200W MOPA series configurations, allowing businesses to select the appropriate power level for industrial engraving, metal cutting, deep relief carving, and high-speed production workflows.

Positioned as an industrial-grade mopa fiber laser engraver, the GT Series combines advanced MOPA laser technology with upgraded cooling performance and precision engineering.

The split-type machine structure improves airflow and heat dissipation compared to traditional integrated systems, supporting stable engraving performance during long production cycles while extending machine lifespan.

The upgraded GT Series includes:

  • 60W, 80W, 100W, and 200W MOPA configurations
  • Automatic focus adjustment
  • Industrial-grade Galvo scanners and silicon mirrors
  • Up to 20,000 mm/s engraving speed
  • 8K high-definition engraving precision
  • Deep engraving and 3D relief carving
  • Thin-metal cutting capability
  • Color marking functionality
  • Large 175 × 175 mm work area
  • LightBurn compatibility

The GT lineup is designed to serve manufacturers and fabrication businesses requiring a professional fiber laser engraver capable of handling industrial production demands with greater consistency and precision.

As a high-performance metal laser engraving machine, the GT Series supports black marking on aluminum, stainless steel color engraving, industrial identification marking, aerospace components, automotive parts, and premium metal customization applications.

Advanced MOPA Technology Improves Creative and Industrial Applications

The upgraded GA Series and GT Series both utilize advanced MOPA laser systems that allow users to achieve greater engraving flexibility, enhanced material compatibility, and more refined surface finishes.

Unlike standard fiber systems, a professional mopa fiber laser engraver provides adjustable pulse width and frequency control, helping users optimize engraving settings for different materials and applications.

This expanded control allows users to create vibrant color marking effects on stainless steel and titanium while also supporting smooth deep engraving and high-contrast black marking on anodized aluminum.

The upgraded systems also improve productivity for businesses handling batch engraving and industrial production. The GT Series reaches engraving speeds up to 20,000 mm/s, while the GA Series delivers up to 10,000 mm/s for efficient daily operation.

Precision Metal Engraving for Multiple Industries

The upgraded Monport lineup is built to support businesses requiring high-speed precision engraving across multiple industries.

Each fiber laser engraver supports engraving on stainless steel, aluminum, brass, slate, hard plastics, artificial leather, and colored acrylic. Rotary axis compatibility also allows users to engrave curved surfaces including tumblers, pipes, rings, and cylindrical components.

With engraving precision down to 0.01 mm, every metal laser engraving machine in the upgraded lineup is engineered to deliver sharp details, clean textures, and consistent engraving quality even on highly complex projects.

The upgraded systems further position Monport’s mopa fiber laser engraver lineup as a flexible solution for businesses seeking faster production, more precise engraving, and expanded metal processing capabilities.

Availability

The upgraded Monport GA Series and GT Series MOPA fiber laser machines are available now through the official Monport Laser website.

For more information, visit Monport Laser Official Website.

About Monport Laser

Monport Laser provides professional laser engraving and cutting solutions for creators, workshops, small businesses, and industrial manufacturers. The company offers a wide range of fiber laser engravers, CO2 laser systems, and production accessories designed to deliver precision, efficiency, and reliable performance across modern engraving and fabrication industries.

Media Contact:
Monport Laser
Email: official@monportlaser.com 
Website: www.monportlaser.com

ECARX and TPK to Co-Develop ORCA LiDAR Platform, an all-new LiDAR platform for global markets

  • The partnership combines ECARX’s system integration capabilities with TPK’s optical manufacturing expertise.
  • Production slated for 2028 at TPK’s Thailand facility.

LONDON, May 29, 2026 /PRNewswire/ — ECARX Holdings Inc. (Nasdaq: ECX) and TPK Holding Co., Ltd. (TWSE: TPK) (TPK) have signed a binding memorandum of business cooperation on the joint development of LiDAR technologies for global markets, marking ECARX’s formal entry into the LiDAR sector.

Under the agreement, the parties will co-develop the ORCA LiDAR platform, a proprietary sensor system engineered to meet stringent global regulatory and functional safety standards.

Mass production is scheduled to kick off in 2028, with manufacturing to be conducted at TPK’s advanced production facility in Thailand, supporting efficient global supply chain delivery.

The collaboration will start with joint system design and ultimately leverage each company’s core strengths:

  • ECARX will lead system integration, sensor fusion, and global commercialization, drawing on its established relationships with international vehicle OEMs and robotaxi operators.
  • TPK will contribute expertise in optical design, engineering, and high volume manufacturing of precision components.

The new LiDAR platform will enable seamless hardware–software coordination, low latency perception, and robust performance for next generation ADAS and AI enabled autonomous driving systems. The development of the ORCA LiDAR platform aims to serve global mass market use including by vehicle OEMs and robotaxi fleets, supporting both premium passenger cars and scalable autonomous mobility services.

Ziyu Shen, Founder and CEO of ECARX said:

“Today’s partnership with TPK is a key milestone that rounds out ECARX’s full-stack automotive intelligence ecosystem. This new LiDAR platform combines our system integration prowess with TPK’s world-class optical engineering and manufacturing strength. By building proprietary LiDAR technology in-house, we can enhance our end-to-end perception capabilities and deliver more competitive, reliable solutions to global OEMs and Robotaxi partners worldwide.”

ABOUT ECARX

ECARX (Nasdaq: ECX), headquartered in London, is a leading global automotive intelligence company. ECARX provides the intelligent brain that powers the next generation of software-defined and AI defined vehicles. The company delivers end-to-end, full-stack solutions spanning advanced system-on-chip hardware, high-performance central computing platforms, intelligent cockpit technology, Advanced Driver Assistance Systems, cloud connectivity and physical AI, alongside bespoke vehicle software and intelligent operating systems.

As automakers transition to software-first and AI-first vehicle architectures, ECARX empowers automakers to streamline integration, reduce systemic complexity and optimize long-term cost efficiency. ECARX’s proven technology is deployed across over 11 million vehicles worldwide, and is currently partnered with 18 global automakers and 28 vehicle brands to shape the future of automotive intelligence.

Founded in 2017 and listed on Nasdaq in 2022, ECARX operates from 13 major international locations across Europe, the Americas and Asia, with a global team of over 1,400 employees. For more information please refer to ECARX Investor Relations website.

ABOUT TPK HOLDINGS

TPK Holding Co., Ltd. (hereinafter referred to as “TPK”) is a world-renowned leading manufacturer in touch technology, founded in 2003 and listed in Taiwan in 2010 with stock code TPK-KY (3673). TPK has 10 manufacturing bases, and has branches and offices worldwide, such as in South Korea, USA, Germany, amongst others. TPK serves globally recognized customers in the consumer electronics and new energy automotive sectors, with business operations extending across dozens of countries and regions.

TPK is the market leader in the field of touch display. We can provide customers with a one-stop solution for touch technology applications ranging from 1 inch to 110 inches, helping them significantly shorten product development cycles and adapt to the rapid changes in the electronics industry. Touch products are widely used in smartphones, tablets, laptops, e-readers, car cabin displays, smartwatches (wristbands), smart conference (education) tablets, smart fitness equipment, vending machines, self-service ordering machines, etc., Our technology covers a wide variety of market segments, such as consumer electronics, commercial offices, retail terminals, transportation, medical equipment, industrial control equipment, sports and health, smart homes and other fields.

With more than 20 years of advanced manufacturing experience with international customers, TPK is accelerating industrial transformation, committing to provide global customers with customized, integrated manufacturing solutions at scale. We have already begun to lay the foundation in fields such as automotive electronics, charging facilities, additive manufacturing, and testing services, committed to becoming an advanced manufacturing solution provider.

For more information please refer to: https://www.tpk.com/en/ 

International Cave Diving Experts Join Xaysomboun Rescue Mission as Two Villagers Remain Trapped

Five cave diving specialists from Thailand, France, Indonesia, Japan, and Australia on a plane heading to Xaysomboun to support rescue operations for the seven villagers trapped inside a cave in Long Chaeng district on 29 May 2026. (Photo by Thailand Rescue Diver)

International cave diving specialists from several countries are joining rescue efforts in Xaysomboun as the high-risk operation inside a flooded cave system in Long Chaeng district intensifies to find the last two villagers.

Xaysomboun provincial authorities requested approval from Lao immigration for six foreign rescue specialists and their technical diving equipment to enter the country, amid challenging underwater conditions, narrow passages, and ongoing rainfall.

Lee Kian Lie, a cave and mine diving specialist from Malaysia known for expertise in navigating narrow underwater passages, arrived at the rescue site on 28 May.

Several more specialists from Australia, Indonesia, France, Japan, and Thailand are expected to arrive on 29 May.

They are bringing along advanced rescue equipment, including underwater lighting systems, oxygen tanks, navigation tools, cameras, and diving gear designed for confined cave passages.

The notice said the international rescue team is an emergency crew prepared for possible worsening flooding conditions inside the cave and rising water levels caused by incoming rainfall.

Rescue teams on site have completed pumping water from the cave and are now waiting for water to dry up before continuing the operation.

Rescue Efforts Intensify

The rescue operation has now entered its ninth day.

On 27 May, Lao and Thai rescue teams confirmed that five villagers had been found alive inside the flooded cave system after days underground. The survivors were reported to be exhausted and hungry but in stable condition, while rescue teams continue searching for the remaining two villagers.

Thai rescue team leader Kengkat Bongkawong said on his facebook account that cave sketches based on information provided by survivors indicate that reaching the remaining two trapped villagers will be significantly more difficult. Divers may need to descend an additional 30 meters through even narrower underwater passages while checking multiple branching chambers along the route.

He added that the increasingly dangerous conditions were one of the main reasons authorities requested additional professional cave diving specialists from several countries to reinforce the mission.

Gravity Game Unite (GGU) Successfully Concludes OBT for PC MMORPG “Ragnarok Zero: Global”

  • Verified overall gameplay quality, including stable server environment during the OBT period
  • Positive user feedback on 7-language support, leveling system, and high-quality localization. User meetup planned for July

KUALA LUMPUR, Malaysia, May 29, 2026 /PRNewswire/ — Gravity Game Unite (GGU), the Malaysian subsidiary of global gaming company Gravity, announced on May 29 that it has successfully concluded the Open Beta Test (OBT) for its PC MMORPG, Ragnarok Zero: Global.

Ragnarok Zero: Global OBT Successfully Concluded
Ragnarok Zero: Global OBT Successfully Concluded

GGU conducted the OBT for Ragnarok Zero: Global from May 20 to 28, Malaysia Time, targeting users in Southeast Asia, Europe, and Oceania. Through this OBT, the company verified overall gameplay quality, including server stability and optimization.

Ragnarok Zero: Global modernly recreates the classic charm of the original Ragnarok Online, while differentiating itself with a new storyline expanded from the existing universe, as well as changes to its growth structure and overall game progression. The game also provides a more comfortable play environment through upgraded UI/UX, auto-combat features, improved movement convenience, and expanded camera functions.

Users who participated in the OBT responded positively overall, particularly praising the leveling system and localization quality. To support smooth gameplay for global users, GGU provided support for seven languages. In addition, players who participated in the OBT page attendance event received 20,000 Free Kafra Points once per day. Exclusive benefits available only during the OBT, including limited titles and limited costume items, were also provided to further encourage participation. User feedback collected through the OBT survey will be reflected in future tests.

Ahead of the official launch, GGU plans to hold a Ragnarok Zero: Global user meetup in July to communicate directly with players. In particular, at the time of official launch, the game plans to introduce a global server across Southeast Asia, Europe, and Oceania, marking the first PC-based Ragnarok IP title to do so. This is expected to help activate cross-regional user communities. In addition, GGU plans to introduce a UGC (User-generated Content) system that allows users to participate in creating in-game content.

“We would like to express our sincere gratitude to all users from Southeast Asia, Europe, and Oceania who participated in the OBT,” said Harry Choi, President of Gravity Game Unite. “We plan to actively reflect the feedback received during this test into the game. We ask for your continued interest and support for Ragnarok Zero: Global until its official launch.”

Meanwhile, GGU is currently holding pre-registration for Ragnarok Zero: Global. Players who pre-register will receive special in-game rewards after launch. More details can be found on the pre-registration page:
https://roz.mygnjoy.com/en/event/prereservation?media=pr4

Stay Connected

Players can follow the official Ragnarok Zero: Global channels for the latest news and updates.

Join OBT: https://roz.mygnjoy.com/en/event/obt
Pre-Register: https://roz.mygnjoy.com/event/prereservation?media=pr4
Discord: https://discord.gg/bFg77WjcHT
Facebook: https://www.facebook.com/ragnarokzeroglobal/
Instagram: https://www.instagram.com/ragnarokzeroglobal/
YouTube: www.youtube.com/@RagnarokZeroGlobal
TikTok: https://www.tiktok.com/@ragnarokzeroglobal

About Gravity Game Unite SDN. BHD.

Gravity Game Unite SDN. BHD. (GGU) is a global publishing and service subsidiary of Gravity Co., Ltd., headquartered in Malaysia. The company focuses on delivering Ragnarok titles and operating global game services for players worldwide through publishing, operations, and community engagement.

About Gravity Co., Ltd.

Founded in April 2000 and listed on the Nasdaq Global Market (GRVY), Gravity Co., Ltd. is a global game company headquartered in Korea. Best known for its flagship MMORPG Ragnarok Online, Gravity continues to expand its portfolio with online and mobile games enjoyed by millions of players worldwide.