MACAU, April 1, 2026 /PRNewswire/ — Epsium Enterprise Limited (Nasdaq: EPSM) (“Epsium” or the “Company”) today announced a change in the composition of its Board of Directors (the “Board”), effective as of the dates described below.

Mr. Kewei Joshua Cui has resigned from his positions as a member of the Board, the Audit Committee, the Compensation Committee, and the Nominating Committee of the Board, including as Chairperson of the Compensation Committee, effective March 31, 2026. Mr. Cui’s resignation was for personal reasons and was not the result of any disagreement with the Company’s management or the Board over any matter relating to the Company’s operations, policies, or practices.

In connection with Mr. Cui’s departure, the Board has appointed Mr. Chun Kit Wong as an independent director and member of the Audit Committee, the Compensation Committee, and the Nominating Committee of the Board, including as Chairperson of the Compensation Committee, effective April 1, 2026. The Board has determined that Mr. Wong satisfies the independence requirements set forth in Rule 5605(a)(2) of the Nasdaq Listing Rules. Mr. Wong’s appointment was made upon the recommendation of the Nominating Committee.

Mr. Chun Kit Wong, age 39, brings extensive experience in finance, accounting, and corporate management. Since January 2025, Mr. Wong has served as Chief Financial Officer of One and One Green Technologies, Inc., where he oversees finance and accounting functions and advises on long-term business and financial planning. Prior to that role, Mr. Wong served as Head of Corporate Finance at a Chinese real estate enterprise from June 2023, leading corporate finance initiatives including mergers and acquisitions, financing transactions, financial advisory, and compliance matters. From March 2021 to June 2023, Mr. Wong served as Vice President at Guosen Securities (HK) Capital Company Limited, where he was responsible for originating and evaluating corporate finance engagements. Mr. Wong holds a Bachelor of Commerce in Accountancy from Hong Kong Baptist University.

In connection with Mr. Wong’s appointment, the Company entered into an Independent Director Agreement dated April 1, 2026, pursuant to which Mr. Wong is entitled to receive annual compensation of USD $20,000, payable in equal monthly installments. The Company has also entered into an indemnification agreement with Mr. Wong on the same date.

The foregoing description of the Independent Director Agreement is a summary only and is qualified in its entirety by reference to the full text of the agreement, which has been filed as Exhibit 10.1 to the Company’s current report on Form 6-K filed with the U.S. Securities and Exchange Commission on March 31, 2026.

About EPSIUM ENTERPRISE LIMITED

Through its Macau operating entity, Companhia de Comercio Luz Limitada (“Luz”), a limited liability company organized under Macau laws in 2010, EPSIUM is engaged in importing and wholesaling primarily alcoholic beverages in Macau. Through Luz, the Company imports and sells a broad range of premium beverages, primarily alcoholic beverages and, in 2022, a small quantity of tea and fruit juice. The alcoholic beverages the Company sells include Chinese liquor, French cognac, Scottish whiskey, fine wine, Champagne, and other miscellaneous beverage alcohol. Sales of Chinese liquor is by far the Company’s most significant operations, and the Company is a top wholesaler of high-end Chinese liquor in Macau. For more information, please visit the Company’s website: www.epsium-group.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements, including, but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the Registration Statement filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov.

For more information, please contact:

EPSIUM ENTERPRISE LIMITED

Investor Relations Department

Email: investor.relations@epsium-group.com

Company unveils field-deployable, persistent autonomy development and operations platform.

SUNNYVALE, Calif., April 1, 2026 /PRNewswire/ — Applied Intuition, Inc., the leading physical AI company, today launched the first mobile operations center purpose-built for developing, testing and operating autonomous systems. Applied Edge packages rugged compute, satellite and radio communications, and the Axion autonomy toolchain into a field-deployable node, enabling teams to build, iterate and operate at mission speed without standing up new infrastructure.

“Applied Intuition is collapsing the distance between the lab and the mission,” said Qasar Younis, co-founder and CEO of Applied Intuition. “Today, every team building advanced autonomous systems hits the same wall: the exercise ends, the racks go dark and the telemetry sits in the field while the clock resets in the office. The cycle of standing up and tearing down autonomy stacks between events is over. The teams that move at mission speed will define the future of autonomous systems, and Edge is how they get there.”

Deploy where the mission is. Pick up where you left off.

Defense autonomy is moving fast, but the infrastructure behind it has not kept up. Government test ranges — designed for hardware, not software — add months of scheduling overhead and offer no persistent DevSecOps environments. The gap between autonomy needs and infrastructure has never been wider.

As autonomy programs move from one-off demonstrations to repeated field operations, teams need software-defined infrastructure that stays warm between events. The same pressure exists in defense and in heavy industry: mining, construction and other environments where machines must be developed and validated where they work, not only in the lab.

Axion Sim and Mission Control run natively on Edge so teams can plan missions, replay logs, evaluate behavior, coordinate multi-asset operations and stream live telemetry, all from a single platform deployed wherever the mission demands.

Key capabilities include:

• Show up, power on and get to work: Edge node arrives self-sufficient with power, HVAC, rugged compute servers, 5G/Starlink communications, and operator workstations ready on arrival with no build-out required.
• No resets or rework: Data, models, and workflows persist between test events. Teams pick up where they left off with no lost context and no wasted setup days.
• Build, test and iterate at the edge: Axion tooling provides a complete development environment at the test site.
• Secure, compliant environments: Edge supports SCIF/SAPF configurations and enables classified programs to operate from Edge without requiring fixed facilities.

Edge is available now. For more information, visit applied.co.

About Applied Intuition
Applied Intuition, Inc. is powering the future of physical AI. Founded in 2017 and now valued at $15 billion, the Silicon Valley company is creating the digital infrastructure needed to bring intelligence to every moving machine on the planet. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries in three core areas: tools and infrastructure, operating systems and autonomy. Eighteen of the top 20 global automakers, as well as the United States military and its allies, trust the company’s solutions to deliver physical intelligence. Applied Intuition is headquartered in Sunnyvale, California, with offices in Washington, D.C.; San Diego; Ft. Walton Beach, Florida; Ann Arbor, Michigan; London; Stuttgart; Munich; Stockholm; Bangalore; Seoul; and Tokyo. Learn more at applied.co.

MUNICH and SUNNYVALE, Calif., April 1, 2026 /PRNewswire/ — The TRATON GROUP and Applied Intuition, Inc., the leading physical AI company, today announced TRATON ONE OS, a next-generation software-defined vehicle platform that will power all new vehicles across TRATON’s four brands: Scania, MAN, International and Volkswagen Truck & Bus. Building on more than a year of co-development, the two companies are deploying a single unified platform that’s at the forefront of innovation to deliver benefits to customers:

• Prevent costly downtime: The system’s unified data access is designed to enable predictive maintenance capabilities that allow fleet operators to identify and address potential mechanical issues before they lead to breakdowns, service recalls or unplanned downtime.
• Future-proof fleets: Customers will be able to receive new applications, features and full-cabin user-interface upgrades via over-the-air software updates, eliminating many workshop visits and allowing vehicles to improve throughout their operational life.
• Unlock the autonomous future: The platform’s adaptive middleware is designed to serve as a foundation for autonomous driving systems, enabling TRATON to layer autonomous capabilities onto the same architecture over time.

Designed to bring the speed, flexibility and continuous update cycles of modern software development to the commercial vehicle industry, TRATON ONE OS will operate on all high-performance computers (HPCs) in TRATON’s new vehicle architecture. The platform supports multiple hardware chipsets and global regulatory environments while giving TRATON teams a common foundation to build on — all without compromising each brand’s distinct customer experience. Testing of the first integrated ECU hardware will begin in April 2026, with rollout across new trucks targeted for 2028.

“Our collaboration with Applied Intuition brings together TRATON’s deep expertise in commercial vehicles, including strength in modularization and in-house application-function software development, with Applied Intuition’s leading software capabilities,” said Stefan Teuchert, Senior Vice President EE Platform at TRATON GROUP. “With TRATON ONE OS, we combine strong building blocks from Applied Intuition, TRATON and the open source community to create a worldwide cutting-edge EE platform, delivering fast new functions and services to the customer, while still preserving what makes each of our brands unique.”

The platform is being co-developed as a white-box modular architecture that combines TRATON’s internal development with Applied Intuition’s Vehicle OS for trucking, as well as trusted third-party and open-source components. This modular approach allows TRATON to replace or consolidate compute units over time without fragmenting the software stack or rewriting the platform or applications, supporting the company’s long-term ambition to move toward fewer, more powerful high-performance computers.

“Working closely with TRATON, we’re building the next generation of software-defined commercial vehicles,” said Qasar Younis, co-founder and CEO of Applied Intuition. “TRATON ONE OS creates a platform that allows trucks to continuously evolve through software updates while giving TRATON the flexibility to build and scale capabilities across its global brands.”

To learn more, contact press@applied.co

About Applied Intuition
Applied Intuition, Inc. is powering the future of physical AI. Founded in 2017 and now valued at $15 billion, the Silicon Valley company is creating the digital infrastructure needed to bring intelligence to every moving machine on the planet. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries in three core areas: tools and infrastructure, operating systems and autonomy. Eighteen of the top 20 global automakers, as well as the United States military and its allies, trust the company’s solutions to deliver physical intelligence. Applied Intuition is headquartered in Sunnyvale, California, with offices in Washington, D.C.; San Diego, California; Ft. Walton Beach, Florida; Ann Arbor, Michigan; London; Stuttgart; Munich; Stockholm; Bangalore; Seoul; and Tokyo. Learn more at applied.co.

About the TRATON GROUP
With its brands Scania, MAN, International, and Volkswagen Truck & Bus, TRATON SE is the parent and holding company of the TRATON GROUP and one of the world’s leading commercial vehicle manufacturers. The Group’s product portfolio comprises trucks, buses, and light-duty commercial vehicles. “Transforming Transportation Together. For a sustainable world.”: this intention underlines the Company’s ambition to have a lasting and sustainable impact on the commercial vehicle business and on the Group’s commercial growth.

STOCKHOLM, April 1, 2026 /PRNewswire/ — Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) (the “Company”) held its Annual General Meeting (“AGM”) today on March 31, 2026 in Kista, Stockholm. Shareholders were also able to exercise their voting rights by post before the meeting.

Adoption of the Income Statements and the Balance Sheets
The AGM resolved to adopt the Income Statement and the Balance Sheet for the Company as well as the Consolidated Income Statement and the Consolidated Balance Sheet for the Group for 2025.

Dividend
The proposed dividend of SEK 3.00 per share was approved by the AGM. The dividend will be paid in two installments: SEK 1.50 per share with the record date April 2, 2026, and SEK 1.50 per share with the record date September 29, 2026. Euroclear Sweden AB is expected to disburse SEK 1.50 per share on April 9, 2026, and SEK 1.50 per share on October 2, 2026.

Remuneration report
The AGM resolved to adopt the Board of Directors’ remuneration report for 2025.

Discharge from liability
The members of the Board and the President were discharged from liability for the financial year 2025.

Board of Directors
The AGM elected Board members in accordance with the proposal of the Nomination Committee. Jan Carlson was re-elected as Chair of the Board and Jon Fredrik Baksaas, Christian Cederholm, Börje Ekholm, Eric A. Elzvik, Marachel Knight, Kristin S. Rinne, Jonas Synnergren, Jacob Wallenberg, Christy Wyatt and Karl Åberg were re-elected as Board members. It was also noted that the unions have appointed Ulf Rosberg, Loredana Roslund and Annika Salomonsson as employee representatives in the Board of Directors with Frans Frejdestedt, Andreas Larsson and Stefan Wänstedt as deputies.

Board of Directors’ Fees
The AGM resolved on fees to the Board of Directors, in accordance with the Nomination Committee’s proposal, entailing a yearly fee of SEK 5,200,000 to the Chair of the Board, and fees of SEK 1,400,000 to each of the other non-employee members of the Board, elected by the AGM. Fees for Committee work to non-employee members of the Committees, elected by the AGM, were approved as follows: SEK 600,000 to the Chair of the Audit and Compliance Committee and SEK 335,000 to each of the other members of the Audit and Compliance Committee, SEK 250,000 to the Chair of the Enterprise Business and Technology Committee and SEK 205,000 to each of the other members of the Enterprise Business and Technology Committee, SEK 240,000 to each of the Chairs of the Finance Committee and the Remuneration Committee, and SEK 200,000 to each of the other members of the Finance Committee and the Remuneration Committee.

In addition to the fees described above, the AGM resolved, in accordance with the Nomination Committee’s proposal, that additional compensation be paid to non-employee Board members elected by the AGM for each physical Board meeting attended in Sweden as follows:

The AGM approved the Nomination Committee’s proposal that part of the fees to the members of the Board, in respect of their Board assignment (excluding fees for Committee work and meeting fees), may be paid in the form of synthetic shares.

Auditor
The AGM re-elected Deloitte AB as auditor for the period up until the end of the AGM 2027 and approved the Nomination Committee’s proposal for the auditor fees.

Long-Term Variable Compensation Programs 
Long-Term Variable Compensation Program 2026 (LTV 2026)
The AGM resolved to approve the Board of Directors’ proposal on:

• implementation of LTV 2026 for the Executive Team, including the President and CEO, and for employees classified as Executives (currently approximately 180 employees) comprising a maximum of 7.4 million B-shares in Ericsson. “Performance Share Awards” will be granted free of charge entitling the participant to receive a number of shares, free of charge, following the expiration of a three-year vesting period, provided that certain performance conditions are met and that the participant retains his or her employment. The 7.4 million B-shares covered by LTV 2026 correspond to approximately 0.22 percent of the total number of registered shares of the Company;

• transfer of no more than 6.2 million B-shares, free of consideration, to employees covered by the terms of LTV 2026, with an authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2026, prior to the AGM 2027, retain and sell no more than 70% of the vested B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities; and

• authorization for the Board of Directors to decide to transfer no more than 1.2 million B-shares on Nasdaq Stockholm, prior to the AGM 2027 at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments.

Amendment of the terms of the Long-Term Variable Compensation Program LTV 2025
The AGM resolved to approve the Board of Directors’ proposal on:

• an amendment of the terms of LTV 2025 to adapt the terms to the new performance measure that will be used due to the Company’s planned implementation of IFRS 18;

• transfer of no more than 10.9 million B-shares, free of consideration, to employees covered by the terms of LTV 2025, with an authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under LTV 2025, prior to the AGM 2027, retain and sell no more than 70% of the vested B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities; and

• authorization for the Board of Directors to, prior to the AGM 2027, decide to transfer no more than 1.8 million B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments.

Authorizations on transfer of treasury stock on an exchange for previously resolved LTV programs I 2023, II 2023 and 2024
The AGM resolved to approve the Board of Directors’ proposals on:

• authorization for the Board of Directors to decide to, prior to the AGM 2027, transfer of no more than 3.5 million B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, to cover certain expenses, mainly social security payments, which may occur in relation to the previously resolved and ongoing LTV programs LTV I 2023, LTV II 2023 and LTV 2024; and

• authorization for the Board of Directors to decide to, in conjunction with the delivery of vested shares under, LTV I 2023, LTV II 2023 and LTV 2024, prior to the AGM 2027, retain and sell no more than 70% of the vested B-shares on Nasdaq Stockholm at a price within the, at each time, prevailing price interval for the share, in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the Performance Share Awards for remittance to revenue authorities.

Purchase of own shares
The AGM resolved to approve the Board of Directors’ proposal on authorization for the Board of Directors to, on one or several occasions prior to the AGM 2027, decide on the purchase of the Company’s own shares of series B. The number of shares purchased must at no time result in the Company’s holding exceeding 10 percent of all the shares in the Company. The purchases are to be made on Nasdaq Stockholm in accordance with the price limitations set out in Nasdaq Nordic Main Market Rulebook for Issuers of Shares. The purpose of the authorization is to give the Board of Directors wider freedom of action in the work with the Company’s capital structure and thereby contribute to increased shareholder value, as well as to enable purchases of shares to be used within the framework of the Company’s share-related incentive programs.

Shares and votes
There are in total 3,371,351,735 shares in the Company; 261,755,983 A-shares and 3,109,595,752 B-shares, corresponding to in total 572,715,558.2 votes. The Company’s holding of treasury stock as of March 31, 2026, amounts to 38,002,276 B-shares, corresponding to 3,800,227.6 votes.

NOTES TO EDITORS:

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FOR FURTHER INFORMATION, PLEASE CONTACT:

Contact person
Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Alan Ganson, Director, Investor Relations
Phone: +46 70 267 27 30
E-mail: alan.ganson@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

Media Relations
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com

ABOUT ERICSSON:
Ericsson’s high-performing networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

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Growth Engines Running at Full Capacity,
Leading the Charge in Southeast Asia’s Blue Ocean Market

Results Highlights

• In 2025, the local retail industry still facing challenges such as changes in consumer spending patterns, as well as pressures from rising rental costs and operational expenses. Despite the challenging operating environment, the Group has maintained its resilience in adversity by closely monitoring market conditions and consumer preferences, adjusting strategies accordingly, and continuously innovating. Many health products under the Group remained bestsellers. The Group achieves a turnaround to profit by increasing revenue while implementing various cost control measures.
• The Group is among the few in the industry that has taken the lead in expanding Southeast Asia and successfully establishing a local presence, possessing extensive experience in the local markets. The Group will seize opportunities to bring more quality products to the blue ocean markets of Southeast Asia and expand its business footprint.
• During the year, the Group achieved breakthroughs in brand partnerships, introducing Sido Muncul, Indonesia’s largest herbal pharmaceutical brand, as a partner, and obtaining exclusive agency rights for the century-old renowned brand Li Chung Shing Tong Po Chai Pills (李眾勝堂保濟丸) through major chain retail networks in Singapore, successfully expanding the Group’s sales network and customer base in Southeast Asia.
• For FY2025, the Group recorded revenue of approximately HK$1,096.6 million, representing an increase of 25.2% compared to HK$876.0 million for FY2024.
• Net profit was approximately HK$15.5 million (FY2024: HK$6.0 million), representing a year-on-year increase of 156.9%.
• EBITDA was HK$64.0 million (FY2024: HK$41.9 million).
• For FY2025, Hong Kong distribution sales amounted to HK$524.2 million, representing a year-on-year decrease of 1.7% (FY2024: HK$533.0 million); Macau distribution sales were HK$88.0 million, representing a year-on-year decrease of 1.5% (FY2024: HK$89.3 million).
• The Southeast Asian market experienced strong development, with total distribution sales reaching HK$85.0 million, representing a year-on-year increase of 10.0% (FY2024: HK$77.3 million). In particular, Singapore distribution sales amounted to HK$69.6 million, up by 6.1% year-on-year (FY2024: HK$ 65.6 million), whilst Malaysia achieved HK$15.0 million, representing a notable year-on-year increase of 57.3% (FY2024: HK$ 9.6 million). The Group expects to progressively expand into more Southeast Asian countries in 2026, with the Southeast Asian distribution business continuing to demonstrate robust growth momentum.
• The Board has resolved not to declare any final dividend for FY2025 (FY2024: nil).
   

HONG KONG, April 1, 2026 /PRNewswire/ — Tycoon Group Holdings Limited (“Tycoon Group” or the “Group“, Stock Code: 3390.HK), an omnichannel brand marketing and management service integrator of health products in Hong Kong, announced its audited consolidated annual results for the year ended 31 December 2025 (the “Financial Year” or “FY2025“).

Performance Back on Track: Growth Engines Running at Full Capacity

For FY2025, the Group continued to deepen its presence in existing markets while expanding into more emerging Southeast Asian countries with high growth potential. The Southeast Asian market maintained robust growth for the third consecutive financial year. Meanwhile, the Group closely monitoring market conditions and consumer preferences, adjusting strategies accordingly, and continuously innovating. Many health products under the Group remained bestsellers. The Group achieves a turnaround to profit by increasing revenue while implementing various cost control measures.

For the Financial Year, the Group recorded revenue of approximately HK$1,096.6 million, representing an increase of 25.2% compared to HK$876.0 million for FY2024; net profit for the Financial Year was approximately HK$15.5 million (FY2024: HK$6.0 million), representing a year-on-year increase of 156.9%. During the year, Hong Kong distribution sales amounted to HK$524.2 million, representing a year-on-year decrease of 1.7% (FY2024: HK$533.0 million); Macau distribution sales were HK$88.0 million, representing a year-on-year decrease of 1.5% (FY2024: HK$89.3 million).

Successful Expansion into Southeast Asia with Active Promotion of Comprehensive Regional Coverage

The Group has adopted a dual-track strategy of products and sales network to drive exponential growth in Southeast Asian market share. Total distribution sales of the Southeast Asian market reaching HK$85.0 million, representing a year-on-year increase of 10.0% (FY2024: HK$77.3 million). In particular, Singapore distribution sales amounted to HK$69.6 million, up by 6.1% year-on-year (FY2024: HK$ 65.6 million), whilst Malaysia achieved HK$15.0 million, representing a notable year-on-year increase of 57.3% (FY2024: HK$ 9.6 million). The Group expects to progressively expand into more Southeast Asian countries in 2026, with the Southeast Asian distribution business continuing to demonstrate robust growth momentum.

Starting from this Financial Year, the Group has obtained exclusive agency rights for the century-old renowned brand Li Chung Shing Tong Po Chai Pills through major chain retail networks in Singapore, and secured exclusive agency rights in Malaysia for Kuku Bima Ener-G!, the flagship energy drink powder product of Sido Muncul, a leading Indonesian herbal pharmaceutical brand. This beverage powder is a best-selling product in both Indonesia and Malaysia, and is expected to further enhance Southeast Asian distribution sales.

Omnichannel Brand Marketing and Management Services for Brands

The Group has also acted as the exclusive agency for Japanese hair loss prevention brand Kaminowa in Hong Kong, Macau and Singapore; and the exclusive agency for Helaslim, a popular Japanese slimming and beauty brand, in Singapore. The Group has also secured exclusive distribution rights for PNKids, a leading children’s multivitamin brand in Singapore, covering Singapore and Malaysia; distribution rights for plu, a popular Korean body care brand, in Hong Kong, Macau, Singapore and Malaysia; and the Group has been appointed as the general distributor for the well-known Mainland brand Dong-E-E-Jiao (東阿阿膠) in Hong Kong.

The Group maintains a long-term partnership with JBM (Healthcare) Limited (“JBM” (HKEX Stock Code: 2161) together with its subsidiaries, the “JBM Group”). The Group represents numerous timehonoured brands under the JBM Group that are renowned in Hong Kong, Mainland China, and Southeast Asia, including the century-old Li Chung Shing Tong Po Chai Pills (李眾勝堂保濟丸), Ho Chai Kung (何濟公), Flying Eagle Medicated Oil (飛鷹活絡油) from Europharm, and products under Tin Hee Tong (天喜堂), including its flagship product Tin Hee Tong Tin Hee Pills (天喜堂天喜丸), which enjoys strong brand recognition in Hong Kong and Mainland China. Notably, the Group has been granted the exclusive agency rights in Singapore for Li Chung Shing Tong Po Chai Pills and Europharm Singapore products.

Strengthening R&D of High-Gross-Margin Self-Owned and Collaborative Brand Products

In addition to its agency brand business, the Group continues to actively expand its self-owned brand product lines and collaborative brand product lines. Popular brands include Boost & Guard Pro (BG Pro博健專研) and Craft by Wakan (和漢匠心). Collaborative brands include Kinmen Qiangxiao (金門強效), SEASONS (田心日辰), and MiTime. To date, the Group has registered over 60 self-owned brand product trademarks. Best-selling products include Craft by Wakan Japanese Probiotics (和漢匠心日本多元益生菌), BG Pro Immunoglobulin Capsules (BG Pro 博健專研免疫球蛋白丸) and BG Pro Ultra Purity Deep Sea Fish Oil (BG PRO 博健專研頂級深海魚油) while collaborative brands products include Kinmen Qiangxiao I-Tiao-Gung Plaster (金門強效一條根精油貼布), SEASONS NMN 40000 (田心日辰逆轉齡 NMN 40000), and MiTime Multivitamin (MiTime 活性綜合維他命).

The Group closely monitors market demands and continuously upgrades and improves (i) its popular self-owned brand products, including Craft by Wakan Japan Liver Boost EX (和漢匠心日本護肝盾EX), Craft by Wakan Japan Joint Active (和漢匠心日本活關腱) and BG Pro CoQ-10 (BG Pro 博健專研醫學級輔酶 Q10); and (ii) collaborative brands products including Kinmen Qiangxiao I-Tiao-Gung Pain Relief Penetrating Liquid (金門強效一條根滲透鎮痛露), and Kinmen Qiangxiao I-Tiao-Gung Pain Relief Roller Cream (金門強效一條根滾珠鎮痛膏). The Group is also actively collaborating with two major local personal care product chain stores to launch new products tailored to local consumer needs and establish a comprehensive sales channel network.

Regarding collaborative brands, to complement the Group’s strategy of strengthening own brand development, Mr. Wong Ka Chun Michael, the Group’s Chairman, Executive Director and Chief Executive Officer, acquired in his personal capacity the century-old Hong Kong brand Po Wo Tong and collaborates with the Group to launch and sell more new products, including the flagship best-selling products Po Wo Tong Dampness Removing Pills (寶和堂袪濕丸) and Po Wo Tong Dampness Removing Bath Capsule (寶和堂袪濕浸泡珠), endorsed by renowned actress Ms. Selena Lee (李施嬅小姐). Since the end of 2025, the Group has established the Po Wo Tong Wellness Concept Store at Harbour City shopping mall in Tsim Sha Tsui, which is popular among Mainland tourists and local consumers, to promote traditional Chinese health care with Hong Kong sentiment, injecting new vitality into this time-honoured brand.

Mr. Wong Ka Chun Michael, the Chairman and the Chief Executive Officer of Tycoon Group, said, “As a pioneer in the local pharmaceutical distribution sector, Tycoon Group is among the few Hong Kong local enterprises that took the lead in venturing into Southeast Asia at an early stage and successfully expanded into Southeast Asia, and even fewer that are familiar with Southeast Asian health and wellness brands, understand consumer preferences across various regions, and have established presences in multiple locations. The Southeast Asian market has become a driving force for the Group’s performance growth. In the future, the Group will continue to deepen its cultivation of the Southeast Asian market, steadily advance its market share in Southeast Asia, with the goal of achieving comprehensive regional coverage across Southeast Asia. 2025 marks an important milestone as the 10th anniversary of the establishment of Tycoon Group. Looking back over the past decade, we have not only accumulated a robust local sales network, an extensive customer base and rich industry experience, but have also successfully positioned ourselves in Southeast Asia and optimised our collaborative and self-owned brand businesses, laying a solid foundation for the Group.”

About Tycoon Group Holdings Limited (Stock Code: 3390)

Tycoon Group is a reputable omnichannel marketing and management service integrator of healthcare and wellbeing-related products in Hong Kong. The Group specialises in providing one-stop omnichannel services for proprietary Chinese medicines (“PCM”), health supplements, skincare, personal care and other healthcare products, including brand agent, promotion and marketing, management, distribution and sales. Through years of dedicated efforts, the Group supplies to nearly 100,000 online and offline sales points across Hong Kong, Macau, the PRC and Southeast Asia, selling products from over 300 local and overseas brands and offering more than 2,000 products, with the mission of bringing health and vitality to consumers in Mainland China, Hong Kong, Macau and Asia-Pacific. The Group actively develops self-owned brands, including “Boost & Guard Pro”, ” Craft by Wakan”, and collaborative brands such as “Kinmen Qiangxiao”. The Group also collaborates with Po Wo Tong, a century-old Hong Kong brand to launch and sell more popular products. The Group is one of the major distributors for PCM in Hong Kong and has established sound relationships with the top two personal care product chain retailer in Hong Kong. For more details, please visit the Group’s official website: https://www.tycoongroup.com.hk/