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The Trade Desk Powers Open Internet Growth with DramaBox Short Drama Partnership

Unlocking New Open Internet Content Environments for Global Advertisers

HONG KONG, April 27, 2026 /PRNewswire/ — The Trade Desk (Nasdaq: TTD), a global leader in advertising technology, today announced that it has become the first-ever demand-side platform (DSP) partner for vertical short drama platform DramaBox, enabling advertisers to programmatically incorporate this fast-growing open internet content environment into their omnichannel media strategies. The partnership spans markets worldwide, helping global advertisers to achieve more efficient, measurable, and scalable audience reach in an increasingly fragmented attention landscape.

As the open internet continues to evolve, digital content formats are diversifying rapidly. Short drama, first emerging in Asia as a mobile-first content format tailored to fragmented viewing habits, has quickly gained traction worldwide. It is becoming a key part of daily online entertainment, consumed in short, intermittent viewing sessions, and complementing long-form content such as connected TV (CTV). This creates new opportunities for advertisers to build more holistic brand coverage across touchpoints with varying levels of consumer attention.

According to streaming consultancy Owl & Co., the global short drama app market is expected to generate $3 billion in revenue in 2025—nearly three times the 2024 figure—with the U.S. now the largest short drama market outside China[1]. The analysis further shows that the top 20 apps collectively reach 250 million monthly active users[1]. Mobile app analytics firm Sensor Tower also reports that Latin America and Southeast Asia account for roughly half of global short drama downloads[2].

The rapid rise of short drama underscores the dynamism of the open internet and presents new opportunities for advertisers. Through this partnership with DramaBox, The Trade Desk seamlessly integrates short drama into a unified open internet programmatic framework, enabling advertisers to manage and optimize campaigns across CTV, mobile, and other premium content environments within a single platform—enhancing cross-channel consistency and efficiency.

“Short drama has become a powerful new growth engine for the global open internet digital content market,” said Wang Hefei, Head of Commercial at DramaBox. “As a leading global platform, DramaBox is committed not only to delivering high-quality short drama content to users worldwide but also to exploring sustainable monetization paths. We have chosen programmatic advertising—particularly our partnership with The Trade Desk—because of its proven global infrastructure and capabilities within the open internet ecosystem. This allows us to explore a monetization approach that is scalable, measurable, and capable of delivering real value to advertisers.”

Douglas Choy, General Manager of Inventory Development, North Asia, The Trade Desk, added, “As a new complement to the open internet, short drama—through its short duration and serialized storytelling—not only meets consumers’ fragmented viewing needs, but also provides advertisers with a high-value environment combining scale and frequency. When combined with other premium open internet content such as CTV, it further strengthens brand storytelling continuity across environments. Through this partnership with DramaBox, we look forward to helping advertisers allocate budgets more efficiently into this fast-growing content environment and unlock the full value of the open internet across channels.”

The partnership between The Trade Desk and DramaBox is now live, with advertising inventory now available to advertisers globally.

Data Sources:

  1. Business Insider: These salacious, bite-sized soaps have become a $1.3 billion business in the US, Sep 2025
  2. State of Short Drama Apps 2025, Sensor Tower, July 2025

About DramaBox

DramaBox is a vertical short drama entertainment platform serving global users, specializing in bite-sized, high-intensity content tailored to fragmented viewing habits. Through a hybrid content strategy combining translated adaptations and locally original productions, the platform offers a diverse range of short drama genres. Supported by multilingual interfaces and personalized recommendations, it delivers a seamless and immersive viewing experience for users across Asia, South America, North America, Africa, Europe, and Oceania.

About The Trade Desk

The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, X, LinkedIn and YouTube.

Media Contact

Jason Wang

Straits Financial Services Pte Ltd Granted Overseas Intermediary Futures Broker Status by Shanghai Futures Exchange and Guangzhou Futures Exchange

SINGAPORE, April 27, 2026 /PRNewswire/ — Straits Financial Services Pte Ltd (“SFSPL”), a member of Straits Financial Group, is pleased to announce that it has been granted overseas intermediary (OI) futures broker status by the Shanghai Futures Exchange (SHFE) and the Guangzhou Futures Exchange (GFEX).

This recognition marks an important milestone in expanding international access to China’s futures markets and further strengthens SFSPL’s ability to connect global investors with onshore opportunities.

As an overseas intermediary futures broker, SFSPL will be able to facilitate client access to selected products listed on SHFE and GFEX. The overseas intermediary model significantly lowers barriers to entry for international participants by removing the need for complex onshore structures and enabling more efficient cross-border access, while operating within China’s regulated market environment.

“As China’s futures market continues to open up, this recognition represents a meaningful milestone for both SFSPL and our clients,” said Roger Quek, Chief Executive Officer and Managing Director, Straits Financial Services Pte Ltd. “We are pleased to support international investors with more seamless access to China’s onshore derivatives market, while maintaining a strong focus on risk management, compliance, and execution efficiency.”

As China’s derivatives market continue to evolve, SFSPL is strongly positioned to support clients looking to deepen their involvement in this high-potential market.

SFSPL remains committed to delivering robust trading capabilities, seamless market access, and trusted expertise to help clients navigate global investment opportunities.

About Straits Financial Services Pte Ltd

At Straits Financial Services Pte Ltd, we distinguish ourselves by promoting key and innovative contracts to support the financial and commodity derivative markets as well as providing products and services to fulfill the needs of every trader.

With a strong presence in Asia and a deep understanding of the global markets, we provide value to our clients by enabling global access with a local perspective. Established in 2010, Straits Financial Services Pte Ltd is part of Straits Financial Group which is headquartered in Singapore.

Straits Financial Services Pte Ltd provides a fully-integrated service for our clients to access the financial and commodity derivative markets and we strive to build lasting relationships with our clients.

For more information, please visit our website at https://www.straitsfinancial.com.

This document is issued for information purposes only. This document is not intended and should not under any circumstances to be construed as an offer or solicitation to buy or sell, nor financial advice or recommendation in relation to any capital market product. All the information contained herein is based on publicly available information and has been obtained from sources that Straits Financial Services Pte Ltd believes to be reliable and correct at the time of publishing this document.

Straits Financial Services Pte Ltd will not be liable for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind) suffered due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information. Past performance or historical record of futures contracts, derivatives contracts, and commodities is not indicative of the future performance. The information in this document is subject to change without notice.

If after reading the foregoing content you have any doubts in relation thereto, please consult your own independent legal, financial and/or professional adviser.

World’s First: AutoStatSpectra, Software That Automates Spectral Analysis with Bayesian Statistics, Launches a 7-Day Free Trial — a.s.ist Inc.

Supports a wide range of spectral data, including XPS, FT-IR, and NMR. From automatic determination of peak count and peak shape to background and noise estimation, AutoStatSpectra enables analysis with less dependence on individual analyst experience.

TAIPEI and SINGAPORE, April 27, 2026 /PRNewswire/ — a.s.ist Inc. (“a.s.ist”) leverages research expertise cultivated at The University of Tokyo to drive digital transformation (DX) in manufacturing through white-box AI.

AutoStatSpectra Launches a 7-Day Free Trial for Automated Spectral Analysis with Bayesian Statistics
AutoStatSpectra Launches a 7-Day Free Trial for Automated Spectral Analysis with Bayesian Statistics

a.s.ist today announced the launch of a 7-day free trial for AutoStatSpectra, its Bayesian-statistics-based spectral analysis software. During the trial period, all features will be available without restriction.

*The “World’s First” claim in the title is based on research conducted by a.s.ist and reflects information available as of April 2026.

Background

In spectral analysis techniques such as XPS (X-ray Photoelectron Spectroscopy), FT-IR (Fourier Transform Infrared Spectroscopy), and NMR (Nuclear Magnetic Resonance), analytical results are heavily influenced by how overlapping peaks are separated and how the number of peaks, the parameters for each peak, and the peak function types are defined.

However, with conventional curve-fitting software, these settings often depend on the analyst’s experience and trial and error, creating challenges in objectivity and reproducibility.

AutoStatSpectra uses Bayesian inference to automatically estimate the number of peaks, peak parameters, and peak function types, while also quantifying uncertainty in the estimates. It delivers statistically grounded spectral analysis that does not rely on the analyst’s subjective judgment.

Key Features of AutoStatSpectra

How AutoStatSpectra Worksas
How AutoStatSpectra Worksas

1. Automatic estimation of peak count, peak parameters, and peak function types

AutoStatSpectra compares candidate models within a user-specified range and automatically selects the optimal number of peaks based on posterior probability. In addition to estimating parameters such as the height, center position, and full width at half maximum (FWHM) of each peak, it also automatically determines the most suitable peak function type for the data, including Gaussian, Lorentzian, and pseudo-Voigt functions. Because uncertainty in each estimate can also be evaluated quantitatively, the software enables highly reproducible peak fitting with less reliance on analyst experience and trial and error.

2. Flexible background correction

In addition to constant and linear background models, AutoStatSpectra supports multiple background-correction methods, including the Shirley method for XPS. Users can flexibly choose preprocessing methods according to different measurement techniques.

3. Batch analysis of multiple files (multi-file workspace)

Multiple spectral datasets can be grouped into a single workspace and processed in batch under common analysis conditions. This supports efficient analysis of large volumes of data, such as condition screening and time-series comparisons.

4. Automatic generation of analysis reports

Analysis results can be automatically output as reports in PDF and Word formats. Comprehensive reports that include fitting plots, model comparison tables, parameter lists, and posterior distribution plots significantly shorten the workflow from analysis to reporting. Data export to CSV and Excel is also supported.

5. Support for diverse data formats

AutoStatSpectra supports a wide range of data formats, including CSV, Excel, VAMAS, and SOF-H.

Demo Video

For a visual overview of how AutoStatSpectra works in practice, please watch our demo video on YouTube:
https://youtu.be/3c2pc3OJgz4 

About the Free Trial
Duration: 7 days (all features available)
Availability: Web app and desktop app
Supported environments: The desktop app supports Windows (x64) and macOS (Apple Silicon)
How to apply: Please contact us via the inquiry form on our official website: https://www.a-s-ist.com/contact/. After reviewing your target data and intended use, we will issue a trial license following a consultation. Please note that the number of trial slots is limited, and applications may close once capacity is reached.
Continuing use: After the trial period, users may continue with either a monthly plan or an annual plan.

About a.s.ist Inc.

a.s.ist is a startup that leverages advanced data analysis technologies such as white-box AI, Bayesian inference, and sparse modeling, built on research expertise cultivated at The University of Tokyo.

With strengths in data analysis for materials development, physical-property experiments, and related applications, the company supports problem-solving in research and manufacturing settings through the development and sale of automated analysis software and the provision of custom digital transformation (DX) solutions. a.s.ist is also exploring the application of emerging AI technologies such as physical AI.

Company Name: a.s.ist Inc.
CEO: Yui HAYASHI
Address: 5-17-24 Iko, Adachi-ku, Tokyo 121-0823, Japan
Founded: June 2021
URL: https://www.a-s-ist.com

WEPACK 2026 Concludes on a Record High, Reinforcing China’s Role at the Heart of the Global Packaging Industry

SHENZHEN, China, April 27, 2026 /PRNewswire/ — The three-day WEPACK 2026 World Expo of Packaging Industry successfully concluded at Shenzhen World Exhibition & Convention Center (Bao’an), marking a milestone edition defined by record-breaking attendance, strong business outcomes, and forward-looking industry dialogue.


Organized by RX, WEPACK 2026 delivered a truly global gathering for the packaging value chain. With unprecedented scale and energy, the event showcased China’s growing integration with the global packaging industry while creating a powerful platform for international collaboration and innovation.

Record Attendance and Global Reach

Over the course of three days, WEPACK 2026 welcomed 137,157 unique visitors, representing 158,659 visits in total. Among them, 13,598 overseas visitors accounted for 19,682 visits, setting new records for both attendance and international participation.

Industry professionals from more than 130 countries and regions gathered in Shenzhen, including decision-makers, buyers, and thought leaders. Nearly 100 professional buyer delegations, comprising industry associations, alliances, and leading enterprises from around the world, conducted in-depth business exchanges across the exhibition halls—further highlighting the event’s strong commercial appeal and global influence.

A Comprehensive Showcase Across the Entire Packaging Value Chain

As a global trade platform spanning the full packaging industry chain, WEPACK 2026 brought together eight concurrent exhibitions, offering integrated solutions across key sectors: From raw paper materials and processing equipment to printing technologies and finished packaging products, the show floor presented a complete ecosystem covering corrugated packaging, folding cartons, digital printing, and label production.

Across the halls, innovation was not just displayed—it was in action. Live production lines, operating machinery, and real-time demonstrations brought solutions to life. From corrugated board and cartons to folding cartons, gift boxes, and paper bags, visitors experienced firsthand the latest advancements in automation, digitalization, and intelligent manufacturing. Meanwhile, packaging solutions across paper, plastic, metal, and glass materials showcased the diversity and creativity shaping the future of packaging.

A Hub for Industry Insights and Strategic Thinking

Beyond business and technology, WEPACK 2026 served as a platform for thought leadership. More than 30 high-level forums and concurrent events were held throughout the exhibition, including the IPIF International Packaging Innovation Forum.

Industry leaders, brand owners, packaging manufacturers, equipment suppliers, and policy experts gathered to exchange insights on key topics such as:

  • Global pulp and paperboard market trends
  • Sustainability and circular economy
  • Digital transformation and smart manufacturing
  • The future of the label industry

Each session attracted full audiences, with expert speakers delivering practical insights and strategic perspectives for decision-makers across the packaging value chain.

More Than an Exhibition: A Dynamic Industry Experience

WEPACK 2026 also redefined the traditional trade show experience. The newly launched WEPACK Carnival Zone introduced a vibrant, interactive environment designed to complement high-intensity business activities.

Featuring five themed areas—including gourmet tasting, robotics interaction, golf experience, entertainment zones, and an official merchandise store—the Carnival created a unique blend of business, culture, and leisure. This innovative approach fostered engagement, connection, and memorable experiences for global attendees.

With its record-breaking performance and comprehensive industry coverage, WEPACK 2026 has once again demonstrated its position as a leading global platform for the packaging industry. By connecting markets, technologies, and ideas, the event continues to drive the industry forward—bridging China and the world, and shaping the future of packaging together.

 

Global Customers Are Taking a Closer Look at Focused Photonics Inc.

HANGZHOU, China, April 27, 2026 /PRNewswire/ — For scientific instrument companies competing globally, differentiation increasingly depends on more than product specifications alone. Customers are looking beyond performance claims to assess whether a company can consistently translate technology into manufacturable products, proven applications, reliable delivery and long-term service support.

That shift was evident during Focused Photonics Inc.’s (FPI) Global Customer Experience Day 2026 in Hangzhou, where customers and partners from dozens of countries visited the company’s Qingshanhu Innovation Base, headquarters and live application sites. For many attendees, the event offered a closer look at how a China-headquartered scientific instrument company is building capabilities across R&D, manufacturing, systems integration and lifecycle support.

At Qingshanhu Innovation Base, visitors saw key stages of FPI’s operations firsthand, including engineering, precision manufacturing, system integration, testing and service readiness. For many international customers, these visits are less about viewing a production line and more about assessing execution: whether a supplier has the engineering discipline, manufacturing depth and support infrastructure required to deliver consistently in real operating environments.

This is becoming increasingly important across the industry. As customer expectations evolve, competition is moving beyond stand-alone instrument performance toward integrated solutions, automation, data integrity, compliance and lifecycle value. In industrial and environmental applications in particular, uptime, stability and workflow fit often matter as much as analytical capability.

At its global customer conference, FPI outlined how it is responding to that transition, highlighting continued investment across environmental monitoring, industrial process analysis, laboratory analysis and life science applications. The company is also expanding the role of digitalization, automation and AI to improve application readiness and solution delivery.

Application-focused exchanges during the event reinforced the same point. In discussions on environmental, industrial and laboratory scenarios, customers focused not only on performance metrics, but also on regulatory fit, workflow integration, long-term operation under complex conditions, and the ability of solutions to function reliably once deployed. These are increasingly central criteria in global purchasing decisions.

The clearest proof came from real-world settings. At the Hangzhou Ecological Environment Monitoring Center, visitors saw FPI’s automated water quality laboratory in operation, where sample handling, workflow continuity and data generation are integrated into day-to-day use. For customers, this offered a more concrete view of how a solution performs not just in demonstration, but in routine operation.

Taken together, the event underscored a broader industry reality: global competition in scientific instruments is increasingly defined not only by what a product can do, but by whether a company can manufacture it at scale, deploy it effectively, support it locally and sustain performance over time. That broader operational capability is becoming a decisive part of how international customers evaluate suppliers.

Aqount Technologies: Most SMEs Use Accounting Software But Still Lack Financial Clarity

Aqount Technologies launches Financial Clarity Check to help SMEs fix structural accounting issues masking true business performance.


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 April 2026 – Aqount Technologies, a specialist in comprehensive accounting and bookkeeping services, today announced the launch of Financial Clarity Check. This new, free tool is designed to help small and medium-sized enterprises (SMEs) bridge the gap between simple bookkeeping and powerful decision-making by identifying deep-seated structural accounting issues that often mask true business performance.

Aqount Technologies launches Financial Clarity Check to help SMEs fix structural accounting issues masking true business performance.
Aqount Technologies launches Financial Clarity Check to help SMEs fix structural accounting issues masking true business performance.

The launch comes at a critical time for businesses across Southeast Asia. While thousands of SMEs have adopted cloud platforms like Xero to automate invoicing and reporting, Aqount Technologies has observed that software alone does not guarantee financial clarity. Despite these digital advances, many founders still struggle to determine if they are truly profitable, why cash flow remains tight, or which business segments drive the strongest margins.

The Hidden Problem: Structure, Not Software

Cloud accounting platforms are powerful, but they are only as useful as the structure behind them. When financial data is poorly organised, even well-implemented systems can become record-keeping tools rather than decision-making tools.

Finance professionals working with SMEs frequently observe a similar pattern. Profits may appear healthy while cash flow remains constrained, expenses are often grouped too broadly to analyse, and key cost drivers remain hidden within generic categories. Reports may be technically correct, yet difficult for founders to interpret or act upon.

In such cases, the issue is not the software itself, but how the accounting system has been structured and maintained over time.

Why Financial Clarity Breaks Down as Businesses Grow

Most SMEs set up their accounting systems quickly in the early stages, focusing on compliance and basic record-keeping. As the business grows, new revenue streams are added, cost structures become more complex, and different team members begin recording transactions in varying ways.

Over time, the system can become fragmented. The result is a business that contains a large volume of financial data, but lacks the structure needed to generate meaningful insight.

What Financial Diagnostics Typically Reveal

When accounting systems are reviewed at a structural level, several recurring issues often emerge. Expenses are frequently misclassified, leading to distorted profitability. Profit margins may be overstated due to incomplete cost allocation. Key cost drivers are buried within broad categories, and financial reports do not reflect how the business actually operates.

These issues are rarely visible at first glance, but they can have a material impact on decision-making.

A Real Example: When ‘Profitable’ Didn’t Mean Profitable

In one case, a Southeast Asian SME in a service-based industry appeared to be performing well on paper. Revenue was growing steadily, and monthly reports showed consistent profitability. The business was using cloud accounting software and maintaining regular bookkeeping.

Yet cash flow remained persistently tight. A financial review of the accounting structure revealed that operational costs were grouped too broadly, masking true cost drivers. Certain expenses had been misclassified, overstating profitability, and costs were not properly attributed to specific services.

After restructuring the chart of accounts and improving cost categorisation, previously ‘profitable’ services were found to be operating at thin or negative margins. At the same time, higher-performing segments became clearly identifiable, enabling management to make more informed pricing and cost decisions.

Within a short period, the business gained significantly clearer visibility into its financial performance, not by changing the software, but by improving the structure behind it.

From Bookkeeping to Decision-Making

When properly structured, accounting systems can serve as operational dashboards rather than simple record-keeping tools. They allow business leaders to understand which products or services generate the strongest margins, track cost trends over time, identify inefficiencies early, and make decisions with greater confidence.

For businesses with more complex operations, this level of financial visibility is increasingly essential.

Assessing Financial Clarity

For SMEs already using platforms such as Xero, the next step is not adopting additional tools, but ensuring that the accounting system is structured effectively. Aqount has developed a Financial Clarity Check designed to evaluate key aspects of an accounting system, including chart-of-accounts design, categorisation consistency, reporting clarity, and overall system health.

Businesses can access the Financial Clarity Check at https://clarity.aqount.tech. The process takes only a few minutes and provides an initial indication of whether an accounting system is supporting effective decision-making.

Hashtag: #Fintech #SMEs #SoutheastAsia #Accounting #FinancialClarity #CloudAccounting #Aqount


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

About Aqount Technologies

Aqount Technologies specializes in comprehensive accounting and bookkeeping services, providing businesses with accurate insights for strategic decision-making.

At Aqount Technologies, we go beyond numbers. We cultivate lasting relationships, tailoring our services to your specific financial goals. Our expert team ensures compliance, security, and industry-specific expertise, giving you the confidence to navigate your financial landscape.

Our services include accounting & financial reporting, bookkeeping & recordkeeping, tax planning & compliance, payroll processing, financial analysis & forecasting, and audit preparation & support.

Experience a seamless financial journey with Aqount Technologies and join us in achieving excellence in your business’s financial strategy.

Ascletis Completes Enrollment in U.S. Phase II Study of ASC30, an Oral Small Molecule GLP-1R Agonist, for the Treatment of Diabetes

– 13-week U.S. Phase II study is evaluating the efficacy, safety and tolerability of oral small molecule GLP-1R agonist ASC30, a once-daily tablet, in 100 participants with diabetes.

– Topline data from the Phase II study are expected in the third quarter of 2026.

HONG KONG, April 27, 2026 /PRNewswire/ — Ascletis Pharma Inc. (HKEX: 1672, “Ascletis”) announces today completion of enrollment in its 13-week U.S. Phase II study (NCT07321678) evaluating ASC30, an oral small molecule GLP-1 receptor (GLP-1R) agonist, for the treatment of type 2 diabetes mellitus (T2D). T2D is the second indication for ASC30, following its first indication of obesity. Topline data from the Phase II study for the treatment of T2D are expected in the third quarter of 2026.

“ASC30 has potential to be the best-in-class oral small molecule GLP-1 for obesity, evidenced by its efficacy and tolerability demonstrated by the U.S. Phase II study in participants with obesity or overweight,” said Jinzi Jason Wu, Ph.D., Founder, Chairman and CEO of Ascletis, “Expanding ASC30’s clinical development into the large diabetes treatment market is a logical next step that provides us with another chance to highlight ASC30’s potential best-in-class profile as a once-daily oral treatment option for patients. We look forward to sharing topline data from the Phase II study in diabetes participants in the third quarter of 2026.”

Dr. Wu added, “Based on the positive clinical results announced in December 2025 from our 13-week U.S. Phase II study of ASC30 in participants with obesity or overweight, the Company expects to obtain the clearance from the U.S. Food and Drug Administration and initiate Phase III trials in the U.S. for obesity indication by the end of the third quarter 2026.”

ASC30 was discovered and developed in-house at Ascletis as a first and only investigational small molecule GLP-1R fully biased agonist that can be dosed once daily orally and once monthly to once quarterly subcutaneously for the treatment of obesity, diabetes and other metabolic diseases.

About the U.S. Phase II Study with ASC30 for the Treatment of Diabetes

The Phase II study is a 13-week, randomized, double-blind, placebo-controlled and multi-center study to evaluate the efficacy, safety, and tolerability of ASC30 tablets in participants with type 2 diabetes mellitus. The primary endpoint of the Phase II study is the mean change from baseline in HbA1c up to 13 weeks in the treatment group compared with the placebo group. Secondary endpoints include the mean change from baseline in fasting blood glucose up to 13 weeks in the treatment group compared with the placebo group, the mean change from baseline in body weight up to 13 weeks in the treatment group compared with placebo group, and safety and tolerability. The Phase II study enrolled 100 participants with type 2 diabetes mellitus at multiple sites across the U.S. Participants were randomly assigned in a ratio of approximately 2:3:3:2 to 40 mg, 60 mg and 80 mg ASC30 tablets and matching placebo tablets, respectively. ASC30 was titrated weekly from 1 mg to target doses of 40 mg, 60 mg and 80 mg.

About Ascletis Pharma Inc.

Ascletis Pharma Inc. is a fully integrated biotechnology company focused on the development and commercialization of potential best-in-class and first-in-class therapeutics to treat metabolic diseases. Utilizing its proprietary Artificial Intelligence-assisted Structure-Based Drug Discovery (AISBDD) and Ultra-Long-Acting Platform (ULAP) technologies as well as Peptide Oral Transport ENhancement Technology (POTENT), Ascletis has developed multiple drug candidates in-house, including both small molecules and peptides, such as its lead program, ASC30, a small molecule GLP-1R agonist designed to be administered once daily orally and once monthly to once quarterly subcutaneously as a treatment therapy and a maintenance therapy for chronic weight management; ASC36, an amylin receptor peptide agonist, ASC35, a once-monthly subcutaneously administered GLP-1R/GIPR dual peptide agonist and ASC37, a GLP-1R/GIPR/GCGR triple peptide agonist, ASC39, a potent and amylin-selective oral small molecule amylin receptor agonist, and ASC30_39 FDC, a fixed-dose combination (FDC) of ASC30 and ASC39, for chronic weight management. Ascletis is listed on the Hong Kong Stock Exchange (1672.HK).

For more information, please visit www.ascletis.com.

Contact:

Peter Vozzo
ICR Healthcare
443-231-0505 (U.S.)
Peter.vozzo@icrhealthcare.com

Ascletis Pharma Inc. PR and IR Teams
+86-181-0650-9129 (China)
pr@ascletis.com
ir@ascletis.com 

HD Hyundai Heavy Industries Wins South Korea’s First Overseas Icebreaker Order

  • Signed a $348.9 million contract with the Swedish Maritime Administration for one icebreaker, to be delivered in 2029
  • Won the order over leading icebreaker builders, including Finland and Norway
  • “We plan to expand new export markets in the special-purpose ship sector based on our technological capabilities and integrated business expertise.”

SEOUL, South Korea, April 27, 2026 /PRNewswire/ — HD Hyundai Heavy Industries has become the first Korean shipbuilder to secure an overseas order for a dedicated icebreaker.

(From the left) Lee Hyung-jong, Ambassador of the Republic of Korea to the Kingdom of Sweden, Joo Won-ho, President and CEO of HD Hyundai Heavy Industries, Erik Eklund, Director General of the Swedish Maritime Administration, Andreas Carlson, Minister for Infrastructure and Housing of Sweden, at the contract signing ceremony of the construction and delivery of a new icebreaker.
(From the left) Lee Hyung-jong, Ambassador of the Republic of Korea to the Kingdom of Sweden, Joo Won-ho, President and CEO of HD Hyundai Heavy Industries, Erik Eklund, Director General of the Swedish Maritime Administration, Andreas Carlson, Minister for Infrastructure and Housing of Sweden, at the contract signing ceremony of the construction and delivery of a new icebreaker.

The company said it has signed a $348.9 million contract with the Swedish Maritime Administration to build one icebreaker.

In the bidding process, HD Hyundai Heavy Industries received strong, well-rounded evaluations for price competitiveness, delivery schedules and technological capabilities. The icebreaker under this contract is scheduled for delivery in 2029 and will provide icebreaking support, fleet operations, towing services and ice management in the Baltic Sea off Sweden.

This order was secured amid growing global attention on Arctic shipping routes and Arctic Ocean exploration, after competing with leading icebreaker builders, including Finland and Norway. It is significant as it marks the first time a South Korean shipbuilder has entered the global icebreaker market.

The deal was also the result of strong public-private cooperation, with active support from the Embassy of the Republic of Korea in Sweden and the KOTRA Stockholm Trade Office.

An icebreaker is a specialized ship designed to navigate ice-covered seas by breaking sea ice to open navigable routes. It features a reinforced hull, strong icebreaking capability and a specially designed hull form that allows it to push through and clear ice.

The icebreaker ordered by Sweden from HD Hyundai Heavy Industries will measure 126 meters in length and have a displacement of about 15,000 tons. It will feature Polar Class 4 (PC4) icebreaking capability and an electric propulsion system. PC4 generally refers to the ability to continuously break ice approximately 1 to 1.2 meters thick.

The United States has also significantly expanded its investment in icebreaker capabilities, passing legislation last year that increased related funding to about $9 billion. It has also formed the “ICE (Icebreaker Collaboration Effort) Pact” in cooperation with Canada and Finland as part of broader efforts to strengthen polar maritime operations.

According to the ICE Pact, the partners aim to build 70 to 90 icebreakers over the next 10 years.

HD Hyundai Heavy Industries aims to actively expand into the global naval and special-purpose vessel markets that require icebreaking capability, leveraging its proven expertise in building icebreakers.

“Following this icebreaker order, global recognition has been given to the strengthened business capabilities achieved through the integration of HD Hyundai Heavy Industries and HD Hyundai Mipo. We will continue to expand new export markets in the special-purpose ship segment based on our technological capabilities and integrated business expertise,” said Joo Won-ho, Head of HD Hyundai Heavy Industries’ Naval and Medium Ship Business.