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Continues to Deepen “One Core and Two Wings” Strategy Focuses on Strengthening Core Competitiveness

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Net Profit Increased by 30.1%


HONG KONG SAR – Media OutReach Newswire – 11 August 2026 – The world’s largest telecommunications infrastructure service provider China Tower Corporation Limited (“China Tower”, or the “Company”) (Stock Code: 0788.HK) is pleased to announce its interim results for the six months ended 30 June 2026.

Performance Highlights

RMB Million 1H 2026 1H 2025 Change
Operating revenue 48,693 49,601 -1.8%
EBITDA[1] 30,252 34,227 -11.6%
Profit attributable to owners of the Company 7,489 5,757 30.1%
Basic earnings per share (RMB yuan) 0.4284 0.3293 30.1%
Dividend per share (RMB yuan) 0.19122 0.13250 44.3%
Key operating data
Number of tower sites (thousand) 2,172 2,119 2.5%
Number of tower tenants (thousand) 3,871 3,844 0.7%
Tenancy ratio (tenants / tower site) 1.78 1.81 -1.7%

In the first half of 2026, the Company’s operating revenue reached RMB 48,693 million, a decrease of 1.8% year-on-year. EBITDA amounted to RMB 30,252 million, a decrease of 11.6% year-on-year, with an EBITDA margin[2] of 62.1%. Profit attributable to the owners of the Company reached RMB 7,489 million, an increase of 30.1% year-on-year, with a net profit margin of 15.4%.

Net cash generated from operating activities amounted to RMB 7,135 million. Capital expenditure stood at RMB 11,650 million. As at 30 June 2026, our total assets amounted to RMB 351,237 million, with interest-bearing liabilities of RMB 101,392 million and a gearing ratio[3] of 31.5%, representing an increase of 3.8 percentage points from the end of 2025.

The Company attaches great importance to shareholder returns. After considering our profitability, cash flow and capital requirements for future development, the board of directors of the Company has resolved to distribute an interim dividend of RMB 0.19122 per share (pre-tax).[4] We will work towards realizing steady growth in annual dividend payment per share and continue creating greater value for shareholders.

Enhanced resource sharing consolidated the TSP business foundation

The Company further deployed the Dual-Gigabit network joint-entry implementation and made significant progress in implementing special projects such as upgrading signal strength and extending broadband coverage to all border areas, forests and grasslands. We focused on enhancing resource sharing and coordination of network resources in order to fully satisfy our customers’ diverse, high-quality network construction needs, and support the expansion of 5G network penetration and coverage. In the first half of 2026, our TSP business recorded revenue of RMB 40,357 million, a decrease of 5.0% year-on-year.

Tower business. We deepened the implementation of our embedded service mechanism, aligning with TSPs’ network construction planning and comprehensively addressing their demands for network standards/frequency bands. We strengthened the innovative application of regionalized products and comprehensive solutions to fully meet customers’ differentiated needs. Leveraging our extensive site resource data, we proactively conducted coverage analysis to enhance network optimization capabilities, helping TSPs achieve precise planning and precise construction. Focusing on customers’ most pressing concerns, we leveraged the Company’s resource coordination advantages and carried out special initiatives to tackle difficult sites, enhancing construction and delivery efficiency. We fully implemented the integrated coordination of “resources + demand”, actively engaging with network coverage needs in key industries such as culture and tourism, education, and transportation. Adhering to a customer-oriented philosophy, we continued to optimize end-to-end business processes and management standards to serve customers’ network coverage construction efficiently. Impacted by customers’ optimization and adjustment of network deployment, simplified base station upgrades, and the continued development of the unified 4G network by China Telecom and China Unicom, our Tower business revenue in the first half of 2026 reached RMB 35,263 million, a decrease of 6.7% year-on-year. As of 30 June 2026, the Company managed a total of 2.172 million tower sites, an increase of 23,000 sites compared to the end of 2025. TSP tenants reached 3.565 million, a decrease of 2,000 compared to the end of 2025. Our TSP tenancy ratio was 1.69.

DAS business. We continued to focus on high-value and livelihood-critical scenarios, strengthening resource coordination, joint construction and shared development. In support of the implementation of the Technical Standard for Engineering of Mobile Communication Infrastructure in Buildings, we accelerated engagement with newly constructed building projects and coordinated the synchronized planning and construction of supporting telecommunications facilities, achieving early resource deployment and efficient rollout. We continued to enhance product and service competitiveness, and steadily advanced iterative 5G network upgrades on high-speed railways, upgraded signal strength to tackle coverage in elevators and underground parking lots and deployed shared repeaters at scale in everyday scenarios such as tunnels and residential communities, helping TSPs achieve efficient, intensive and low-cost expansion of indoor and outdoor network coverage. In the first half of 2026, our DAS business revenue reached RMB 5,094 million, an increase of 9.2% year-on-year. As of 30 June 2026, we had covered buildings with a cumulative area of 16.17 billion square meters, while the coverage in railway tunnels and subways reached a cumulative length of 36,111 kilometers.

Consolidated advantages to drive rapid growth of Two Wings business

The Company continued to strengthen product innovation and optimized business planning to improve core competencies and drive the continued rapid growth of our Two Wings business. In the first half of 2026, revenues from our Two Wings business reached RMB 7,923 million, accounting for 16.3% of our overall operating revenue and representing an increase of 2.3 percentage points over the same period last year.

Smart Tower business. Focusing on spatial digital intelligence governance, we continued to deepen our presence in key sectors and key scenarios. More than 260,000 “digital towers” now serve over 10 industries, including land and resources, emergency response, water conservancy, and environmental protection, with our market share steadily improving in key areas such as straw burning prohibition, farmland protection, and disaster alert. We deepened resource sharing on the distributed platform and optimized algorithm iteration for mid-to-high points. We continued to implement the “AI+” special project, deepening the application of large models for spatial digital intelligence governance and promoting the innovative upgrading of industry application scenarios. We actively positioned ourselves in emerging fields such as the low-altitude economy, accelerating the R&D of related products. We continued to uphold a customer-oriented philosophy, improved our high-standard service system and the development of local technical support teams, strengthened full-process support for product iteration and development, project construction and delivery, and operation and maintenance, and continuously enhanced customer satisfaction. In the first half of 2026, our Smart Tower business achieved revenue of RMB 5,332 million, a year-on-year increase of 12.8%. Of which, RMB 3,200 million was generated from Tower Monitoring business, accounting for 60.0% of our Smart Tower business.

Energy business. We focused on developing key business segments including battery exchange and power backup. By leveraging our core strengths in product, service, and platform, we continued to refine the quality of our operations and solidify our competitive advantages in the market. For the battery exchange business, we strengthened our presence in the consumer express delivery and food delivery sectors and strengthened the refined operation of our user base, reinforcing customer retention with high-quality service. As of 30 June 2026, we had approximately 1.493 million battery exchange users, an increase of 16,000 from the end of 2025, further maintaining our leading position in the market. We accelerated the deployment of our community charging infrastructure network for low-speed electric vehicles, enabling service upgrades and continuously expanding our service coverage and user base. For the power backup business, we focused on key industry sectors, analyzed customers’ core needs, strengthened platform and service capability development, stepped up the promotion of comprehensive industry solutions, and continued to enhance the influence of the China Tower “energy butler” brand. In the first half of 2026, our Energy business achieved revenue of RMB 2,591 million, a year-on-year increase of 17.3%. Of which, the battery exchange business accounted for RMB 1,595 million, up by 20.6% year-on-year, contributing 61.6% of the Energy business revenue.

Innovation-driven development with steadily enhanced technological capabilities

Focused on the “One Core and Two Wings” strategy, the Company concentrated its resources on solving technological challenges, accelerating the commercialization of research achievements, and fostering the development of new quality productive forces. In the first half of the year, our R&D investment and R&D team size increased by 23% and 22%, respectively, while patent applications and patent authorizations grew by 15% and 132%, respectively, compared to the same period last year. One technological achievement received the second prize of the State Science and Technology Progress Award, and we led the initiation of two additional international standards. A series of innovative products achieved large-scale commercial application, including new 5G leaky cables, the Tower Monitoring platform, video AI algorithms for mid-to-high points, and the integrated energy service platform. The cumulative number of technological achievements and the number of achievements deployed at scale increased by 43% and 57%, respectively, from the end of 2025. The spatial governance data set of our Tower Monitoring network was recognized as an outstanding achievement among the high-quality industry data sets of central state-owned enterprises, while our digital intelligence IoT integrated governance scenario was included among the strategic high-value AI scenarios for central state-owned enterprises. Our technology innovation system continued to improve, with the high-quality development of our six technological innovation centers. We joined the innovation consortia and technology commercialization consortia of central enterprises for fields including the low-altitude economy, robotics, and quantum technology.

Mr. Zhang Zhiyong, Chairman of China Tower said, “In the first half of 2026, we actively seized the opportunities brought about by the national strategies of ‘Cyberpower’, ‘Digital China’, and ‘Dual Carbon’ goals. Looking ahead, we will remain anchored in the ‘One Core and Two Wings’ strategic positioning, focusing on strengthening our core capabilities and competitiveness, further deepening resource sharing, and improving operating efficiency, to create greater value for shareholders, customers, and society.”

[1] EBITDA is calculated by operating profit plus depreciation and amortization.

[2] EBITDA margin is calculated by dividing EBITDA by operating revenue, and multiplying the resulting value by 100%.

[3] Gearing ratio is calculated as net debt (Interest-bearing liabilities minus the amount of cash and cash equivalents) divided by the sum of total equity and net debt, then multiplied by 100%.

[4] The Company’s share consolidation and capital reduction took effect on 20 February 2025. The Company’s total issued share capital was reduced from 176,008,471,024 shares to 17,600,847,102 shares. Taking into account the aforementioned change in total issued share capital, the growth rate is calculated based on the total amount of dividends.

Hashtag: #ChinaTower

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

About China Tower (Stock Code: 0788.HK)

China Tower is the world’s largest telecommunications tower infrastructure service provider, and the Company always adheres to the philosophy of shared development and implements the “One Core and Two Wings” strategy. The Company is principally engaged in the construction, maintenance and operation of base station ancillary facilities such as telecommunications towers, public network coverage in high-speed railways and subways, and large-scale indoor Distributed Antenna Systems (DAS). Meanwhile, relying on unique resources to provide energy application services such as information application and intelligent battery exchange and power backup to the society, the Company strives to build itself into a world-class integrated digital infrastructure service provider, and a highly competitive information and new energy applications provider. As of the end of June 2026, the Company’s total assets amounted to RMB 351,237 million. China Tower operated and managed 2.172 million tower sites across 31 provinces, municipalities and autonomous regions in the PRC, and served over 3.871 million tenants with the tenancy ratio of 1.78.

9Spokes Launches Pulse: Configurable Data & Insights for SMB Customers of Financial Service Providers

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Advertorial Desk
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AUCKLAND, New Zealand, Aug. 11, 2026 /PRNewswire/ — 9Spokes, a leading global data platform, announced the launch of Pulse, a new intelligence layer within its SMB Financial Hub platform that delivers small business customers answers they cannot get from their bank app, accounting software, or merchant terminal alone. With AI raising the bar for how people expect to consume data, SMB owners now want plain-language answers, not static dashboards — they want insights that explain what their data means and what to do about it. Pulse is built for that shift and for financial service providers who are not yet ready to implement customer-facing AI solutions but who recognize the shift.

Pulse synthesizes consented data from connected banking, accounting, merchant, payroll, marketing, and other business sources into key insights organized to answer SMB’s business questions: “Can I pay my bills?”, “Is my business growing?”, “Is one site/store over- or underperforming?”, “Is sales revenue better or worse for this same time period YOY?”, “Has performance improved on social channels for this time period YOY?” and much more. It gives small business owners a clear picture of where they stand, what to do next, and where their business is headed, in one place.

When an SMB connects its bank accounts, Pulse immediately surfaces cash insights that address the questions every owner asks: cash runway, cash direction, burn rate changes, and unusual transactions. When accounting data is added, outstanding invoices and bills surface as actions, and Pulse computes cross-source insights that neither tool can produce alone. When merchant data is connected, Pulse adds the growth picture — revenue pace versus last year, average order value, transaction volume, and site performance.

“Bank data is a great first step but adding further sources can tell you what to do about it — for instance, collecting $8,000 in overdue invoices extends runway from 14 to 22 days. Add merchant data and you get richer insights on whether the business is growing,” said Marty Montague, CEO at 9Spokes. “SMBs use Pulse because the value compounds with every source they connect and financial institutions get that connected intelligence flowing back to them, as well.”

Every source an SMB connects flows back to the FI as structured intelligence — financials, cash position, multi-bank relationships, and merchant activity — useful for lending signals, relationship conversations, and identifying wallet-share opportunities, all without document requests.

Key Features and Benefits:

  • Configurable, with FIs controlling which insights surface, at what thresholds.
  • Embeds into existing digital banking experiences
  • Provides banking insights: cash runway, cash gap, spending shifts, and unusual payments
  • Delivers accounting-enriched insights: overdue invoices and bills mapped against current cash position
  • Surfaces growth signals from merchant data: revenue pace versus last year, average order value, transaction volume, and per-site performance
  • Highlights combined-source insights, e.g., “Collecting $8,000 in overdue invoices extends runway from 14 to 22 days,” or “Revenue pacing 18% above last year — Downtown site +28%.”

Contact 9Spokes for a demo today!

About 9Spokes

9Spokes is a global data platform that supports financial institutions and fintech firms worldwide. By aggregating consented business data from a variety of sources, 9Spokes helps businesses harness powerful tools for better financial management and strategic decision-making, driving transformation within the financial sector.

Planet Green Enters the Fast Growing Global Lactoferrin Market, Adding Chief Scientist to Drive Innovation-Based Product Portfolio Growth

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Advertorial Desk
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Company Gains Access to Rare and Commercially Desirable High-Quality 

Lactoferrin for the Large and Rapidly Scaling Chinese Markets,

Adding New Scientist to Drive New Product Development  

NEW YORK, Aug. 11, 2026 /PRNewswire/ — Planet Green Holdings Corp. (NYSE American: PLAG) (the “Company”), operating a diversified portfolio of businesses, including consumer products and online advertising, today announced it has entered into commercial operations to source, market and distribute lactoferrin, a critical glycoprotein used in a wide range of health products, including the Company’s chewable immune tablets. Lactoferrin is also widely used in infant formulas, sports nutrition, and a wide range of dietary and immune supplements.

To improve access to this fast-growing market, the Company intends to expand its executive team to include a Chief Scientist. This newly added role will play a key role in sourcing and prioritizing strategic scientific investments, joint ventures and new product launches with a goal to expand and enhance the Company’s product portfolio and revenue generating capabilities. The Company has identified a strong leading candidate at a leading US academic institution for this Chief Scientist role and is in advanced negotiations to fill the role in the near term.

Today, commercially produced lactoferrin is produced primarily through two methods:

  • Extraction from Bovine Milk (dominant method):
    • Whey or skim milk from traditional dairy processing is highly purified using membrane filtration and ion-exchange chromatography to isolate bovine lactoferrin.
    • Because milk contains relatively little lactoferrin, very large volumes of milk are required, making production expensive and supply constrained.
  • Precision fermentation (emerging):
    • Genetically engineered microorganisms (such as yeast or fungi) produce recombinant lactoferrin in fermentation tanks.
    • This approach offers greater scalability, consistency, and potentially lower costs, although commercial adoption is still in its early stages.

The Company is focused on delivering world class products that require the highest quality lactoferrin for the Chinese market. The target market is currently the world’s largest lactoferrin market, representing 22% of the estimated $300 million in annual global demand today. The market is expanding rapidly, at an estimated 9% annually, and is expected to exceed $100 million in annual sales in China alone by 2030 and $500 million globally. China imports almost all lactoferrin today, due primarily to limited domestic production capabilities.

The Company’s Chief Executive Officer, Zhou Bin commented on the importance of this critical compound in the global health markets, “Lactoferrin is a crucial glycoprotein that is part of your body’s immune response and is the hero ingredient in our chewable immune tablets. With our rapidly growing market share and consumer adoption, gaining access to this critical ingredient should only enhance our market position going forward.”

“Lactoferrin is obtained from mammalian milk, and has been dubbed “Pink Gold”, not only due to its pale pink hue, but also because of its extremely high commercial value. Extracting lactoferrin from cow’s milk is a complex and costly process, and the low yield and high demand make it a valuable and sought after bioactive ingredient.”

“We use pure lactoferrin which is unavailable in China for most of manufacturers and is expected to command a premium due to its high-quality. With a large market growing quickly to well over $100 million addressable market, we see this as attracting and compelling business opportunity for many years to come,” concluded Mr. Zhou.

About Planet Green Holdings Corp.

Planet Green Holdings Corp. (“Planet Green”), headquartered in Flushing, New York, is a Nevada holding company with business operations conducted through its subsidiaries in mainland China and Canada. Planet Green operates a diversified portfolio of businesses, including consumer products and online advertising.

Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on our management’s current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the Securities and Exchange Commission, which are available, free of charge, on the SEC’s website at www.sec.gov. 

For further information, please contact:
Ms. Wei Li
Chief Financial Officer
Phone: 347 370 2352
Email: weili@planetgreenholdings.com

 

Korean Biotech Company K-Medichem Expands Global Market Reach with PDRN Derma Skincare Line in Vietnam, Indonesia and Beyond

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Advertorial Desk
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  • PDRN Derma cream, serum, and mask lineup positions premium K-dermocosmetics based on patented ingredients for Southeast Asian market expansion

CHUNCHEON, South Korea, Aug. 11, 2026 /PRNewswire/ — K-Medichem Co., Ltd. (K-Medichem), a Korean biotech company built on university research, is accelerating its sales expansion across Vietnam, Indonesia, and other global markets with the PDRN skincare range from its premium brand, DAYNICS. With interest in skin-barrier and sensitive skin care surging across Southeast Asia, K-Medichem aims to strengthen its global strategy by delivering science-based, functional K-dermocosmetics that prioritize efficacy and safety.

K-Medichem’s premium derma skincare brand DAYNICS’ PDRN-Madeca Derma Cream, formulated with plant-derived PDRN, madecassoside, and K-Medichem’s proprietary patented ingredient NCT.
K-Medichem’s premium derma skincare brand DAYNICS’ PDRN-Madeca Derma Cream, formulated with plant-derived PDRN, madecassoside, and K-Medichem’s proprietary patented ingredient NCT.

Developed through advanced biomaterial technology and university R&D, DAYNICS is dedicated to restoring the skin’s inherent health. Moving beyond basic moisturization, the brand offers a multifunctional derma-care solution designed to support skin barrier care, renewal, conditioning, soothing, and antioxidant protection.

The flagship product, DAYNICS PDRN-Madeca Derma Cream, features plant-derived polydeoxyribonucleotide (PDRN), madecassoside, and N-Caffeoyl Tyramine (NCT)—a patented ingredient independently developed by K-Medichem. Plant-derived PDRN supports skin regeneration, tissue recovery, and barrier reinforcement. Madecassoside, derived from Centella asiatica, helps soothe skin sensitized by external stimuli. Furthermore, K-Medichem’s proprietary NCT protects the skin from oxidative stress caused by UV exposure and fine dust through powerful antioxidant activity. These three key ingredients work synergistically in a skin-friendly formulation to provide intensive moisturization, soothing care, and skin-renewal support.

Complementing the cream, K-Medichem has launched the DAYNICS PDRN-Madeca Derma Serum and DAYNICS PDRN-Madeca Derma Serum Mask to complete its premium skincare lineup. The serum delivers concentrated active ingredients for intensive nourishment, while the mask serves as an intensive-care treatment for targeted hydration and barrier recovery. Together, these products form a comprehensive daily skincare routine.

As an R&D-focused enterprise, K-Medichem continually commercializes university research outcomes into differentiated dermocosmetics. Building on this expertise, the company plans to steadily expand its distribution network across Southeast Asia and into broader global markets.

“DAYNICS is a premium bio-derma skincare brand developed on the basis of advanced technology and patented functional ingredients,” said a K-Medichem representative. “We will continue to expand our PDRN Derma lineup, strengthen cooperation with local distribution partners, and grow DAYNICS into a trusted K-derma brand globally.”

1. Official Website

http://www.skinmedichem.co.kr/

2. Instagram

https://www.instagram.com/kmedichem

3. YouTube

https://www.youtube.com/@Kmedichem

 

South Africa-China Electricity and Energy Investment Conference Opens at POWERCHINA Headquarters to Advance Long-Term Energy Partnerships

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Advertorial Desk
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BEIJING, Aug. 11, 2026 /PRNewswire/ — POWERCHINA highlighted its long-standing role in South Africa’s energy and infrastructure development as the two-day South Africa-China Electricity and Energy Investment Conference opened at its Beijing headquarters on Aug. 3.

South Africa-China Electricity and Energy Investment Conference Opens at POWERCHINA Headquarters to Advance Long-Term Energy Partnerships
South Africa-China Electricity and Energy Investment Conference Opens at POWERCHINA Headquarters to Advance Long-Term Energy Partnerships

Organized by South Africa’s Department of Electricity and Energy and the South African Embassy in China, with support from POWERCHINA, the event brought together more than 260 government, finance and industry representatives to explore over R2.2 trillion in investment opportunities through 2039 under South Africa’s Integrated Resource Plan 2025, spanning generation, transmission, energy storage and related manufacturing.

Dr. Kgosientsho Ramokgopa, South Africa’s minister of electricity and energy, said the country was entering a decisive decade in its energy market transformation. He noted that the IRP 2025 investment pipeline would not only add generation and transmission capacity, but also support lasting infrastructure, industrial development and shared prosperity through long-term partnerships.

“Since beginning operations in South Africa in 2008, POWERCHINA has contributed to the country’s power and water infrastructure,” POWERCHINA President Wang Xiaojun said. “We are ready to work with government agencies, financial institutions and industry partners to move projects from planning to implementation while creating lasting value through local procurement, skills development and supply chain cooperation.”

Under IRP 2025, South Africa plans to add about 105 GW of new generation capacity through 2039, supported by a diversified mix of solar, wind, battery storage, natural gas and nuclear power. The country also plans to build about 14,500 kilometers of transmission infrastructure, with an estimated R440 billion in transmission investment required over the next decade.

POWERCHINA’s experience in South Africa provides a practical foundation for its participation in the country’s next phase of infrastructure development. The company’s completed and ongoing wind, solar photovoltaic and concentrated solar power projects in South Africa have a combined capacity of 1.9 GW. Its battery storage projects under construction have a combined capacity of 1.9 GWh.

Among these projects is the 100 MW Redstone concentrated solar power project, South Africa’s largest tower-based molten salt solar thermal facility. The project combines solar generation with thermal energy storage to provide dispatchable renewable power. POWERCHINA is also participating in the Oya hybrid facility project, which integrates wind, solar and battery storage on a single grid-connected platform to support a more flexible and reliable power system.

Beyond energy generation, POWERCHINA is contributing to water infrastructure that supports electricity supply, industrial activity and local communities. The Mokolo – Crocodile Water Augmentation Project Phase 2A is a major water infrastructure project under South Africa’s National Water Resource Strategy. Once completed, it is expected to deliver 75 million cubic meters of water annually. The project will help secure water supplies for the Medupi and Matimba power stations, support development in the Waterberg mining area and provide water to industrial facilities, municipalities and communities along the

POWERCHINA has also incorporated local procurement, subcontracting and skills development into its project delivery in South Africa. Its projects have created thousands of local jobs and supported the development of local suppliers. At the Redstone project, the company established a welding training center and worked with a local university to provide technical education linked to concentrated solar power. These initiatives help strengthen the local capabilities needed to support South Africa’s growing energy sector over the long term.

The conference is expected to lay the groundwork for a proposed South Africa-China Energy Investment Partnership. POWERCHINA will continue working with South African partners to advance reliable energy and water infrastructure that supports industrial development and sustainable growth.

VinFast further expands authorized service outlet network in Indonesia, enhancing the aftersales experience

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Advertorial Desk
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JAKARTA, INDONESIA – Media OutReach Newswire – 11 August 2026 – VinFast continues to strengthen its aftersales network in Indonesia by expanding its Authorized Service Outlet network through partnerships with reputable automotive service providers across the country. The expansion marks another milestone in VinFast’s strategy to develop a comprehensive EV ecosystem in Indonesia, making genuine aftersales services more accessible and convenient for customers while supporting the country’s transition to sustainable mobility.

Representatives of VinFast Indonesia and its partners at the signing ceremony.
Representatives of VinFast Indonesia and its partners at the signing ceremony.

VinFast has signed Memoranda of Understanding (MoUs) with 10 reputable partners across Indonesia, including PT Lampung Auto Mandiri, PT Karoto Seiko Indonesia, CV Agus Lio Ban, CV Family Auto Motor, PT Motoreko Mobilindo, PT Green Mobilitas Indonesia, PT Global Mobil Indonesia, PT Layanan Prima Sejahtera, CV Karya Indah Motor, and PT Prayoga Tangguh Perkasa.

Under the agreements, the partners will join VinFast’s Authorized Service Outlet network to provide vehicle maintenance, general repair, and body repair services in accordance with VinFast’s global standards. They will also distribute genuine VinFast parts and accessories throughout Indonesia.

Pursuant to the agreements, the Authorized Service Outlets will meet VinFast’s stringent requirements for technical capability, facilities, and service quality, while committing to uphold the Company’s core values and brand standards.

The continued expansion of VinFast’s Authorized Service Outlet network enables customers across Indonesia to access genuine aftersales services more conveniently, wherever they are. Supported by VinFast-certified technicians and a reliable supply of genuine parts and accessories, customers can be confident that their vehicles will receive consistent, high-quality care, ensuring safety, reliability, and optimal performance throughout the ownership experience.

To date, VinFast has established a network of more than 100 Authorized Service Outlets across Indonesia. The network extends beyond Greater Jakarta (Jabodetabek) to major cities nationwide, meeting the growing aftersales needs of both individual customers and commercial fleet operators.

Mr. Antonio Zara, Chief Executive Officer of VinFast Southeast Asia, said: “For electric vehicles, a reliable aftersales network is essential to giving customers confidence throughout their ownership journey. The continued expansion of our Authorized Service Outlet network demonstrates VinFast’s long-term commitment to customers in Indonesia. By partnering with experienced and trusted automotive service providers, we aim to deliver international-standard aftersales services that are convenient, efficient, and dependable, giving consumers greater confidence in choosing VinFast electric vehicles.”

The expansion of the Authorized Service Outlet network is a key pillar of VinFast’s strategy to build a comprehensive EV ecosystem in Indonesia. Together with an increasingly diverse product portfolio, a rapidly expanding charging infrastructure, and the continued development of a broader green mobility ecosystem, the nationwide aftersales network will further strengthen VinFast’s ability to provide Indonesian consumers with a convenient, reliable, and sustainable EV ownership experience.

VinFast has also introduced a range of customer-focused initiatives to make EV ownership more accessible and convenient, including its battery subscription program, guaranteed buyback program, and free charging at V-GREEN charging stations through March 31, 2029. Together with its partners across vehicle distribution, financing, charging infrastructure, and aftersales services, VinFast continues to strengthen its integrated EV ecosystem, reaffirming its long-term commitment to accelerating the adoption of electric vehicles in Indonesia.
Hashtag: #VinFast

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

MetaOptics Ltd achieves 79% of FY2025 full-year revenue in 1H 2026, on track to fulfil purchase orders of key metalens production equipment in 2H 2026

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Advertorial Desk
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SINGAPORE, Aug. 11, 2026 /PRNewswire/ — MetaOptics Ltd (Catalist: 9MT) (“MetaOptics” or the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce its unaudited consolidated financial results for the six months ended 30 June 2026 (“1H 2026“).

The Group delivered revenue of S$0.6 million in 1H 2026, an increase of 476% year-on-year, and representing approximately 79% of the Group’s revenue for the entirety of the latest financial year ended 31 December 2025 (“FY2025“) of approximately S$0.8 million, a reflection of the sustained and strong commercial traction it has built since delivering its inaugural full-year results as a listed company.

The Group’s net loss for 1H 2026 was primarily attributable to (i) one-off, non-recurring professional fees of approximately S$1.7 million arising from IPO-related expenses primarily in connection with the Company’s proposed Nasdaq dual listing, as well as (ii) non-cash expenses including depreciation, amortisation and finance expenses of approximately S$0.5 million. Excluding these non-cash and one-off items, the Group’s underlying net loss for 1H 2026 would have been significantly lower, at approximately S$1.8 million.

The Group continues to execute on its multi-pronged growth strategy, anchored across its 4 core business segments:

(i) Metalens Equipment
(ii) Metalens Design and Foundry
(iii) Metalens IoT Products and Smart Devices
(iv) AI Algorithm

The Group’s growth momentum is supported by an order backlog of key metalens production equipment, which is scheduled to be delivered to customers over the next 6 to 12 months. Planned deliveries in the six months ending 31 December 2026 (“2H 2026“) are on track, allowing the Group revenue visibility into the financial year ending 31 December 2027. In addition to the broadening customer pipeline in connection with discussions with multinational customers at various stages of sampling, qualification and evaluation, and commercial negotiation, the Group has also advanced partnerships covering critical equipment subsystems, wafer-level optics fabrication and the set up of metalens mass production capacity on its 4-inch and 12-inch direct laser writer (“DLW“) platforms, with the aim of shortening lead times, improving yields and supporting mass production volume as design wins are secured.

Building Business Momentum across the Group’s Key Growth Vectors

Commercial engagement across the Group’s pipeline continues to build, with a growing number of non-disclosure agreements signed and increasing requests for information and quotations received from major global technology companies across the Group’s three key growth vectors:

(1) Co-packaged optics (“CPO”): The Group’s 0.1mm diameter metalens designs for CPO applications are highly sought after from a mass-production standpoint, with global industry leaders in the CPO space engaging the Group on similar designs. Industry research house Yole Group has observed that the winners in the metalens market will be those that possess mass-production processes (see: https://www.yolegroup.com/player-interviews/beyond-the-camera-bump-an-interview-with-metaoptics/). The Group is well positioned in this regard, with proprietary processes built on its scalable 12-inch DUV lithography platform that enable it to fabricate such metalenses in scalable volume.

(2) Colour imaging metalenses: The Group has completed the design of a 12-megapixel colour imaging titanium dioxide (“TiO2“) metalens, which enable higher optical efficiency, reduce scattering losses, and improve phase control within ultra-thin metalens structures, critical for space-constrained consumer devices such as smartphones, laptops, and wearable devices, for a major global technology company, with a prototype currently in progress. In parallel, the Group’s latest 5-megapixel colour module is producing exceptionally clear colour images, demonstrating the Group’s capability as a leading-edge colour metalens developer.

(3) Key production equipment: The Group’s 12-inch metalens automatic testers are in strong demand from several leading global semiconductor and consumer technology companies. The Group was the first to develop and produce a metalens tester, underscoring its equipment leadership in the metalens ecosystem. The Group has also received requests for its DLW platforms from major technology companies, universities and research institutions.

Well-capitalised to Execute on its Growth Pipeline

The Group remains well-capitalised, with a healthy balance sheet, and cash and cash equivalents of approximately S$5.5 million as at 30 June 2026, providing the Group with the resources to fulfil its equipment purchase orders, scale its metalens fabrication processes towards mass volume production and support the growing pipeline of customer engagements described above.

About MetaOptics Ltd

MetaOptics Ltd (Catalist: 9MT) is a leading-edge semiconductor optics company pioneering glass-based metalens solutions enhanced by AI-driven image processing. Using advanced optical design and a scalable 12-inch DUV lithography process, it powers next-generation applications in CPO, mobile, AR VR, automotive and other emerging markets. Headquartered in Singapore, MetaOptics aims to deliver high-performance optics with the reliability and scalability demanded by today’s most innovative technology brands. Find out more at www.metaoptics.sg. 

Forward-Looking Statements

This press release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the Company’s growth strategies, its future business development, results of operations and financial condition, its research and development efforts, its ability to attract and retain customers, and its ability to establish and maintain relationships with suppliers and business partners; and assumptions underlying or related to any of the foregoing. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For sales enquiries, please contact sales@metaoptics.sg

Singapore (Headquarters)
MetaOptics Technologies Pte Ltd, 81 Ayer Rajah Crescent, #01-45, Singapore 139967

United States
MetaOptics Inc. (USA), 1 Ferry Building, Suite 201, San Francisco, CA 94111

KokKok Mega Patuxay Opens New Shopping and Lifestyle Center in Vientiane

By
Advertorial Desk
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A inside picture of KokKok Mega Patuxay . (Photo supplied)

KokKok Mega Patuxay officially opened in Vientiane Capital on 8 August, following a trial opening that attracted many visitors to the new shopping and lifestyle center.

Located in the heart of Vientiane, the center is part of Kolao Group’s expansion into modern retail spaces and brings shops, restaurants, cafes, entertainment venues and lifestyle services together under one location.

The development is designed around the concept of making the mall as an everyday destination, with a range of retail and dining options aimed at serving different consumer needs.

International Brands

KokKok Mega Patuxay features brands from a range of markets, including Nike, Pomelo, Swarovski, Top 10, Crystal Jade, Sizzler, Zen, Ediya Coffee, Paris Baguette, Modern House and Korique.

The center also includes Kolaotopia, an automotive area featuring several vehicle brands available in Laos, including Kia, Hyundai, BMW, Geely and Mitsubishi.

The combination of retail, dining and automotive services gives visitors access to a range of products and services within the same development.

The opening adds another shopping and lifestyle destination to Vientiane’s growing retail sector. The center brings together international brands and local services while providing space for dining, entertainment and other activities.

KokKok Mega Patuxay is now open daily from 9:30 a.m. to 10 p.m.

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