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Beyond Telcos: Exploring Deterministic Paths to Business Success in the Agentic Era

BARCELONA, Spain, March 3, 2026 /PRNewswire/ — Eric Yang, President of Huawei Carrier Business, delivered a keynote speech at MWC Barcelona 2026. Yang pointed out, “The agentic era is creating unprecedented opportunities for the communications industry, and carriers are uniquely positioned to seize these opportunities. They can integrate intelligent capabilities deeply into their core business, consumer-and-home converged scenarios, and internal operations. This will allow them to explore deterministic paths and realize a value leap.”

Eric Yang, President of Huawei Carrier Business, delivering a keynote speech
Eric Yang, President of Huawei Carrier Business, delivering a keynote speech

Reimagining home and consumer services to unlock new AI opportunities

Home services are a core business scenario in which carriers have traditionally been strong. By integrating AI into services such as home network management, deterministic experience assurance, and intelligent video watching, and synergizing high-quality networks and Wi-Fi 7 devices, carriers can drive a paradigm shift in home services from passive usage (users adapting to the network) to proactive services (network adapting to user requirements). Users can use single voice commands to realize automatic network fault detection and troubleshooting, control Internet access time, and enjoy guaranteed experience in key services such as gaming and videos. By combining these service innovations with bandwidth upgrades and home networking services, carriers can improve service quality and increase revenue.

Voice services are traditionally one of the main consumer services offered by carriers. AI-powered calling agents can boost service experience in multiple scenarios. They can remove background noise and ensure high-quality call experience for users even when in noisy surroundings. Furthermore, these agents can provide AI-enabled simultaneous interpretation, shorthand, and health assistance – all through calls. Calling agents help carriers explore new ways to increase revenue from voice services. In mobile Internet access scenarios, AI agents can provide services like intelligent network QoE degradation monitoring and real-time experience assurance. They are also capable of realizing cross-app scheduling and execution to enable intelligent assistants for multiple purposes, such as personal travel booking, travel planning, and real-time translation.

Providing consistent experience across devices and scenarios to enhance user stickiness

AI agents can provide consistent and personalized AI services for users wherever they are, be it at home, in the office, or on a trip, across screens of all sizes. For example, users at home can gain high-speed access to the carrier’s cloud drive, and use the agent for voice interaction and intelligent search. Users on the move can also access their home storage at high speeds through the carrier’s dedicated network channel. Additionally, by using an agent service platform capable of multimodal intent understanding, long-term and short-term memory, and concurrent multi-task scheduling, carriers can break down the boundaries between scenarios and devices, and deliver a consistent, intelligent service experience to users across scenarios and devices.

Using AI to first improve internal operational quality and efficiency, and then enable industries

For carriers exploring new opportunities in B2B intelligent transformation, service scenarios are the key to monetization, and capabilities are the foundation for providing services. Marketing and sales, customer services, office, and O&M are the core scenarios where value flows. Carriers can first focus on these scenarios, using AI to improve their operational efficiency, optimize user experience, and grow their service capabilities. These capabilities will lay the foundation to better position carriers for success in the AI era.

Carriers can then embed these AI capabilities into the business and operations of their industry customers. For core industry scenarios that demand high security and reliability, such as government services and manufacturing, carrier can fully utilize their systematic advantages in the cloud and networks, and work with partners to implement end-to-end solutions. Through such actions, carriers can help their industry customers realize digital and intelligent transformation.

Eric Yang concluded his speech by citing that “The future is not just a place we are going to, but one we are creating.” He reiterated that Huawei is creating AI-Centric Network solutions to enable intelligent services, networks, and network elements (NEs), thus helping carriers unleash their strengths in networks and provide differentiated experiences and intelligent services. Huawei will keep working with carriers and industry partners to innovate side by side, build an ecosystem together, jointly move towards a new intelligent world, and achieve a new leap in value.

MWC Barcelona 2026 will be held from March 2 to March 5 in Barcelona, Spain. During the event, Huawei will showcase its latest products and solutions at stand 1H50 in Fira Gran Via Hall 1. The era of agentic networks is now approaching fast, and the commercial adoption of 5G-A at scale is gaining speed. Huawei is actively working with carriers and partners around the world to unleash the full potential of 5G-A and pave the way for the evolution to 6G. We are also creating AI-Centric Network solutions to enable intelligent services, networks, and network elements (NEs), speeding up the large-scale deployment of level-4 autonomous networks (AN L4), and using AI to upgrade our core business. Together with other industry players, we will create leading value-driven networks and AI computing backbones for a fully intelligent future. For more information, please visit:
https://carrier.huawei.com/en/minisite/events/mwc2026/ 

Schwarzman Scholars Kicks Off Hong Kong and Macau Info Session Tour for Twelfth Cohort Admissions

HONG KONG, March 3, 2026 /PRNewswire/ — To support exceptional young talents in Hong Kong and Macau, Schwarzman Scholars kicked off a series of campus and public information sessions commencing this week. These events aim to provide in-depth program insights and application guidance for prospective candidates of its 2027 cohort (the 12th cohort).

With the online application system for China officially open since January 1, 2026, the recruitment for the 2027 cohort is well underway. The admissions committee will rigorously select up to 200 outstanding scholars worldwide who demonstrate academic excellence, broad perspectives, and a strong sense of responsibility and mission. The submission deadline is set for 12:00 PM (Beijing Time) on May 20, 2026, with the selected scholars for the Class of 2027-2028 scheduled to enroll in late August 2027.

As the world’s first scholarship program designed to navigate the geopolitical landscape of the 21st century, Schwarzman Scholars offers a fully English-taught master’s degree in Global Leadership, anchored in three core pillars: Global Affairs, Leadership, and China. For young talents from Hong Kong and Macau with multicultural backgrounds, the program serves as a premier platform for deepening understanding of China’s economic and social development. Through immersive practical learning and high-level global dialogues, scholars are empowered to build lifelong learning and global alumni networks, ultimately becoming future global leaders who truly understand both China and the world.

To provide prospective applicants with a comprehensive understanding of the program and its evaluation criteria, the Admissions Team will host a dedicated public information session in Hong Kong. Details are as follows:

Hong Kong Public Info Session

  • Time: March 7, 2026 (Saturday), 2:00 PM (Beijing Time)
  • Location: To be notified via email upon successful registration

Prospective applicants from Hong Kong and Macau can access detailed application guidelines via the online application system. Future info sessions and events for other regions in China will be continuously updated on the College’s official platforms.

AI × Fibre Lights the Way to an Intelligent Future: YOFC Showcases All-Optical Innovations at MWC 2026

BARCELONA, Spain, March 3, 2026 /PRNewswire/ — At MWC Barcelona 2026, held on March 2, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) unveiled its latest innovations under the theme “AI × Fibre Leading an Intelligent Future.” The company’s exhibition featured dedicated solution zones including the AI Computing Center, Link the Global AI, Empower AI Applications, All Optical Home and the Hollow-Core Fibre VIP Showcase, highlighting end-to-end optical communications solutions and recent technical developments.

YOFC Showcases All-Optical Innovations at MWC 2026
YOFC Showcases All-Optical Innovations at MWC 2026

The centerpiece of YOFC’s showcase was hollow-core fibre, the event’s key technology highlight. Compared with traditional solid-core fibre, YOFC’s hollow-core fibre reduces transmission latency by approximately 31% and lowers nonlinear effects by nearly three orders of magnitude. This breakthrough meets the high-bandwidth, low-latency demands of large-scale AI model training and distributed computing, while its energy-efficient design supports efficiency and sustainability objectives. With decades of expertise in large-scale fibre manufacturing, YOFC has achieved commercial-scale production of long-length, ultra-low-loss (<0.1 dB/km) hollow-core fibre, placing it among a small number of companies worldwide with both core technical capability and proven commercialization readiness.

At MWC Barcelona 2026, YOFC showcased a cohesive all-optical ecosystem. The AI Intelligent Computing Center integrates hollow-core fibre with multi-core fibre and 400G/800G optical transceivers to deliver high-efficiency, low-carbon computing infrastructure. The Global AI Network Connectivity solution uses hollow-core fibre, G.654.E fibre, and submarine optical cables to form an intercontinental all-optical network corridor. Meanwhile, YOFC’s industry-specific fibre-based solutions extend optical fibre applications into smart transportation, immersive entertainment, and other real-world scenarios, creating an end-to-end ecosystem from core technology to commercial and operational deployment.

Zhuang Dan, Executive Director and President of YOFC, said: “The scaled deployment of hollow-core fibre represents a major step forward for optical communications—from supporting the digital economy to enabling next-generation intelligent networks. We will continue to drive innovation, expanding hollow-core fibre applications in emerging fields such as intelligent computing and quantum communications. Through environmentally responsible manufacturing and our global footprint, we aim to translate technical capability into sustainable growth, building intelligent networks that are low-latency, energy-efficient, and broadly accessible.”

Notably, YOFC integrates technological innovation with sustainability across its solutions, embedding low-carbon and energy-efficiency considerations throughout the entire lifecycle—from R&D and production to deployment and application. With its global presence and environmentally responsible manufacturing, YOFC delivers efficient, reliable, and low-carbon optical communications, supporting the long-term development of digital infrastructure worldwide.

Twenty Teams Set Sail for Glory at the 2026 Rolex China Sea Race

HONG KONG, March 3, 2026 /PRNewswire/ — The anticipation is palpable at the Royal Hong Kong Yacht Club (RHKYC) as crews prepare to compete in the renowned 2026 Rolex China Sea Race.  Twenty teams will start from Hong Kong’s iconic Victoria Harbour, embarking on an epic 565-nautical-mile journey across the South China Sea to Subic Bay in the Philippines. The race will push their navigation skills, physical stamina, endurance, and teamwork to the ultimate test.

The Rolex China Sea Race 2026 will kick off tomorrow.
The Rolex China Sea Race 2026 will kick off tomorrow.

Rolex, the event’s esteemed title sponsor since 2008, shares a longstanding partnership with RHKYC, one of the world’s oldest and most prestigious yacht clubs. This relationship forms a cornerstone of Rolex’s nearly 70-year association with yachting.

This year’s lineup features entries from all over the world, including: Team Alive–Rampage from Australia, Seawolf from the Chinese Mainland, and two teams from the Philippines — Standard Insurance Centennial V and Standard Insurance Centennial VII. Notably, this year marks the first single‑handed entry, 2 Easy.

Among the returning challengers is Happy Go, 2024’s double-title winner, having claimed both Line Honours and IRC overall. Led by owner Nie Hua, includes Olympic gold medallist and 2012 ISAF Rolex World Sailor of the Year, Lijia Xu (Lily) as helmsman. Having undergone significant maintenance and upgrades on the TP52, the team is eager to defend their titles and excel in the face of stiff competition. “Winning double in the last edition was unforgettable, but now we’re focused on giving our very best, “said Nie. Xu, racing in the event for the first time, emphasizes her tactical role on board and hopes to guide the team skillfully through challenging, light-wind conditions.

The Australian contender, Team Alive–Rampage combines two leading crews aboard the Reichel/Pugh 66, Alive. Skippered by Duncan Hine and supported by Rampage owner Noel Chan, the team seeks to repeat Alive’s 2016 feat, when they set the enduring monohull race record of 47 hours, 31 minutes and 8 seconds, which still stands today.

Filipino sailing legend Ernesto Echauz returns for his fourteenth China Sea Race, leading Standard Insurance Centennial V – the 2023 Line Honours winner and the first Philippine entry to achieve this milestone. With all crew members drawn from the Philippine national team, Echauz credits their consistent success to teamwork and has championed greater inclusion of women in key sailing roles.

Making a groundbreaking solo run, Tiger Mok will helm 2 Easy, becoming the first competitor to enter the Rolex China Sea Race single-handed.  Mok, who previously raced as part of a team, described solo racing as “akin to running a start-up—every problem is yours alone.” His goal this year: simply finish the demanding race, balancing intense racing with essential rest.

In his welcome address, Commodore of the Royal Hong Kong Yacht Club, Adrian Pang celebrated the race’s storied legacy: “We extend our sincere gratitude to Rolex for their unwavering support, which has made this event a pillar of international sailing. It is a privilege to host Asia’s first Rolex-sponsored sailing competition.” Pang also welcomed new official partner, Nautor Swan, underscoring the event’s growing prestige and Hong Kong’s commitment to hosting major sporting events.

Rolex China Sea Race 2026 Chairman Hugues de Saint Germain echoed this appreciation: “While the course remains unchanged, each edition brings fresh challenges—from fishing nets and commercial traffic to the infamous Luzon Hole. It’s a true test of endurance, strategy, and seamanship.” He also thanked the organizing committee, safety officials, club staff, and participants for their dedication.

The race will see entrants compete for two prestigious trophies: the Rolex China Sea Race Trophy, awarded to the overall IRC winner on corrected time, and the Sunday Telegraph Trophy, for the first yacht to finish in real time (Line Honours). Winners in both categories will also receive a coveted Rolex timepiece.

For more information about Rolex China Sea Race 2026, please visit www.rolexchinasearace.com.

ABOUT ROYAL HONG KONG YACHT CLUB (RHKYC)

The Royal Hong Kong Yacht Club is one of the oldest and largest sports clubs in Hong Kong, with a rich, colourful history that spans over 170 years of community and competitive sailing and rowing. RHKYC provides training programmes for practitioners of all abilities and ages – both members and non-members – to nurture their development, produce elite athletes capable of competing at the highest levels, and contribute to the growth and popularity of these great pastimes. The Club also organises a full calendar of high-profile local and international race events, helping place Hong Kong firmly on the global sporting map.

ROLEX AND YACHTING

Rolex celebrates human achievement, recognizing the journey marked by milestones and emotions that culminates in defining moments – determined by a path followed, not just a trophy. Since the late 1950s, Rolex has championed perseverance and resilience in yachting across all its forms – from prestigious yacht clubs to pioneering feats of exploration, legendary offshore races, and its most successful sailors. Today, the Swiss watchmaker supports the innovative future of sailing through its Title Partnership of the Rolex SailGP Championship, the world’s leading sailing league where the best athletes compete on identical supercharged foiling F50 catamarans on some of the world’s most famous stretches of water. Furthermore, the brand is Title Sponsor of 15 major international events, from the annual Rolex Sydney Hobart Yacht Race and the biennial Rolex Fastnet Race to grand prix competition at the Rolex TP52 World Championship and spectacular gatherings at the Maxi Yacht Rolex Cup and the Rolex Swan Cup. Rolex also partners institutions that share its enduring commitment to sailing, including the New York Yacht Club, Yacht Club Costa Smeralda, Royal Yacht Squadron, Royal Ocean Racing Club, Cruising Yacht Club of Australia and Royal Malta Yacht Club. Integral to this relationship are the towering figures in the sport and Rolex honours their unrelenting determination in the pursuit of excellence. From groundbreaking round-the-world yachtsman Sir Francis Chichester to modern-day sailors, Rolex celebrates the individuals who embody adaptability, teamwork and precision. The Rolex family of Testimonees includes legends Paul Cayard and Robert Scheidt, the most successful Olympic sailor of all time, Sir Ben Ainslie, and the heroes at the heart of the Rolex SailGP Championship, Hannah Mills, Tom Slingsby and Martine Grael.

ABOUT ROLEX

AN UNRIVALLED REPUTATION FOR QUALITY AND EXPERTISE

Rolex is an integrated and independent Swiss watch manufacture. Headquartered in Geneva, the brand is recognized the world over for its expertise and the quality of its products – symbols of excellence, elegance and prestige. The movements of its Oyster Perpetual and Perpetual watches are certified by COSC, then tested in-house for their precision, performance and reliability. The Superlative Chronometer certification, symbolized by the green seal, confirms that each watch has successfully undergone tests conducted by Rolex in its own laboratories according to its own criteria. These are periodically validated by an independent external organization. The word ‘Perpetual’ is inscribed on every Rolex Oyster watch. But more than just a word on a dial, it is a philosophy that embodies the company’s vision and values. Hans Wilsdorf, the founder of the company, instilled a notion of perpetual excellence that would drive the company forward. This led Rolex to pioneer the development of the wristwatch and numerous major watchmaking innovations, such as the Oyster, the first waterproof wristwatch, launched in 1926, and the Perpetual rotor self-winding mechanism, invented in 1931. In the course of its history, Rolex has registered over 600 patents. At its four sites in Switzerland, the brand designs, develops and produces the majority of its watch components. A fifth site, also in Switzerland, is under construction and is expected to open in 2029. Rolex carries out its own manufacturing operations, from casting the gold alloys to machining, crafting, assembling and finishing the movement, case, dial and bracelet. Furthermore, the brand is actively involved in supporting the arts and culture, sport, and exploration, as well as those who are devising solutions to preserve the planet.

Photos credit: ©Rolex/Andrea Francolini

TECHTRONIC INDUSTRIES DELIVERS SOLID PERFORMANCE IN 2025

GROWING SALES TO US$15.3 BILLION, NET PROFIT INCREASED TO US$1.2 BILLION

HONG KONG, March 3, 2026 /PRNewswire/ — Techtronic Industries Co. Ltd. (“TTI” or the “Company”) (stock code: HK:0669, ADR symbol: TTNDY), a global cordless power tool, outdoor power equipment and floorcare & cleaning company, is pleased to announce the audited consolidated results of the Company and its subsidiaries for the year ended December 31, 2025. TTI delivered record sales of US$15.3 billion in 2025, growing 4.4% on a reported basis and 4.1% in local currency. Our two leading brands, MILWAUKEE and RYOBI, both delivered solid performances in 2025 with MILWAUKEE growing 7.9% and RYOBI growing 5.4% in local currency.

  • TTI delivered record sales and earnings despite significant tariff headwinds, growing sales 4.4% to US$15.3 billion and net profit 6.8% to US$1.2 billion.
  • Our Global MILWAUKEE business grew 8.1% on a reported basis with underlying sales rising 10.3% in local currency (excluding the discretionary suspension of certain second half promotions due to tariffs).
  • RYOBI, the #1 global consumer cordless tool and outdoor products brand, grew 5.4% in local currency.
  • Reported EBIT Margin increased 7 bps to 8.8% as a percentage of sales, while normalized EBIT Margin (after adjusting for the exit of the HART business) increased 57 bps to 9.3%, due to strong performance in the EMEA region, corporate cost out initiatives and a focus on driving leverage and profitability.
  • TTI reported nearly US$1.4 billion in Free Cash Flow in 2025, marking the third consecutive year of US$1.2 billion+ in Free Cash Flow and ending the year in a net cash position of US$700 million.
  • The Board intends to implement a discretionary share buyback plan of up to US$500 million over the next 18 months.

Financial Performance Highlights for 2025

2025*

US$’

million

2024

US$’

million

  Changes

Revenue

15,260

14,622

+4.4 %

Gross profit margin

41.2 %

40.3 %

+91 bps

EBIT

1,336

1,270

+5.2 %

Profit attributable to Owners of the Company

1,198

1,122

+6.8 %

Basic Earnings per share (US cents)

65.61

61.43

+6.8 %

Dividend per share (approx. US cents)

33.08

29.09

+13.7 %

*For the year ended December 31, 2025

Gross margin improved 91 basis points to 41.2% in 2025. The increase reflects the positive mix impact of our high margin MILWAUKEE business, productivity enhancements, and operational efficiencies created in our RYOBI and other Consumer businesses. Margin expansion accelerated as tariff mitigation efforts materialized in the second half of the year. EBIT grew 5.2% to US$1.3 billion, while EBIT margin increased 7 basis points to 8.8%. Net Profit increased 6.8% to US$1.2 billion and earnings per share rose 6.8% to US65.61 cents. As a percentage of sales, working capital rose 109 bps to 15.5%. Inventory days on hand increased 4 days to 106 days and remain at a very comfortable level. The Company generated nearly US$1.4 billion in positive Free Cash Flow in 2025, ending the period in a US$700 million net cash position.

The TTI Power Equipment segment delivered sales of US$14.4 billion in 2025, an increase of 5.3% in reported currency and 5.0% in local currency. On a reported basis, MILWAUKEE achieved 8.1% reported sales growth in 2025, finishing up 7.9% in local currency. RYOBI business had another outstanding year, growing 5.4% in local currency and marking the second consecutive year of mid-single digit revenue growth following the post-pandemic adjustment period of 2022-23. Sales for Floorcare and Cleaning fell 9.7% in 2025 due to weakness in the HOOVER, DIRT DEVIL, ORECK, and VAX brands.

The Board is recommending a final dividend of HK132.00 cents (approximately US16.99 cents) (2024: HK118.00 cents (approximately US15.19 cents)) per share. Together, with the interim dividend of HK125.00 cents (approximately US16.09 cents) per share, this will result in a full-year dividend of HK257.00 cents (approximately US33.08 cents) per share.

Mr. Horst Pudwill, Executive Chairman of TTI, said, “With the healthiest balance sheet in the Company’s history, a diversified global manufacturing footprint, and stable capital spending requirements, we anticipate our ability to further increase returns to shareholders in the years to come.”

Mr. Steven P. Richman, CEO of TTI, commented, “With the #1 Professional and Consumer brands in the World, TTI is off to a strong start in 2026 and we look forward to another year of strong results. On a blended basis, we expect the core MILWAUKEE and RYOBI businesses to grow revenue mid-to-high single digits.”

Forward-Looking Statements
This announcement contains certain forward-looking statements or uses certain forward-looking terminologies which are based on the current expectations, estimates, projections, beliefs and assumptions of TTI about the businesses and the markets in which the Group operates and reflect TTI’s views as of the date of this announcement. These forward-looking statements are not guarantees of future performance and are subject to market risk, uncertainties and factors beyond the control of TTI. Therefore, actual outcomes and returns may differ materially from the assumptions made and the statements contained in this announcement.

About TTI 
Techtronic Industries Company Limited (“TTI” or the “Company”), founded in 1985 by German entrepreneur Horst Julius Pudwill, is a world leader in cordless technology. As a pioneer in Power Tools, Outdoor Power Equipment, Floorcare and Cleaning Products, TTI serves professional, industrial, Do It Yourself (DIY), and consumer markets worldwide. With more than 48,000 employees globally, the company’s relentless focus on innovation and strategic growth has established its leading position in the industries it serves.

MILWAUKEE is at the forefront of TTI’s professional tool portfolio. With global research and development headquartered in Brookfield, Wisconsin, the historic MILWAUKEE brand is renowned for driving innovation, safety, and jobsite productivity worldwide. The RYOBI brand, headquartered in Greenville, South Carolina, remains the top choice for DIYers and continues to set the standard in DIY tool innovation. TTI’s diverse brand portfolio also includes trusted brands like AEG, EMPIRE, HOMELITE, and leading floorcare names HOOVER, ORECK, VAX, and DIRT DEVIL.

TTI’s international recognition and renowned brand portfolio are supported by a strong ownership structure that underscores the company’s global reach and stability. The Pudwill family remains the company’s largest shareholder, with the remaining ownership held largely by institutional investors at North American and European-owned firms. TTI is publicly traded on the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index, operating globally with a strong commitment to environmental, social, and corporate governance standards. For more information, visit www.ttigroup.com.

All trademarks listed other than AEG and RYOBI are owned by the Group. AEG is a registered trademark of AB Electrolux (publ.) and is used under license. RYOBI is a registered trademark of Ryobi Limited and is used under license.

RevitaLash® Cosmetics Launches 5-in-1 Leave-In Hair Mask & Conditioner

The Brand’s Latest Multi-Tasking Leave-In Treatment Delivers Stronger, Healthier-Looking Hair

VENTURA, Calif., March 3, 2026 /PRNewswire/ — RevitaLash® Cosmetics, the internationally recognized leader in lash, brow, and hair care, announces the exciting launch of its new Leave-In Hair Mask & Conditioner; a breakthrough 5-in-1 restorative treatment that delivers deep hydration, protection, and strength without weighing hair down.

This innovative, multi-purpose formula delivers the nourishing, smoothing, and hydrating benefits of a traditional hair mask, with no rinse, no heavy residue, and no extra time required. Suitable for all hair types and color-safe, the lightweight leave-in treatment is ideal for those experiencing dry, dull, flat, or fragile hair, and is especially beneficial for thinning or damaged strands seeking renewed vitality and shine.

Powered by a nutrient-rich blend of ingredients, Leave-In Hair Mask & Conditioner primes, nourishes, and protects hair from environmental aggressors and heat styling (lab testing showed heat protection up to 450°F/232°C*) while supporting stronger, more resilient strands. A nourishing blend of Tamanu, Coconut, Avocado, Jojoba, and Moringa Oils, along with Trehalose, Hydrolyzed Hyaluronic Acid, and Amaranth Peptides, deeply hydrates, smooths, and improves manageability.

“We’re excited to expand our hair care portfolio with a multi-benefit product capable of replacing the need to buy – and use – four additional products at a time when consumers are craving simplicity, and stretching their dollars. The fact that it also delivers professional-level results is the icing on top,” said Lori Jacobus, President and Global CMO of RevitaLash® Cosmetics. “Our new Leave-In Hair Mask & Conditioner gives consumers the deep care benefits of a mask with the convenience of a lightweight leave-in, making it easier than ever to support stronger, shinier, more resilient hair every day.”

Designed to complement the brand’s Volumizing Hair Collection, the Leave-In Hair Mask & Conditioner integrates seamlessly into daily routines. After cleansing and conditioning, users simply apply a dime-sized amount to damp, towel-dried hair from mid-lengths through ends, then brush and style as usual.

The formula is dermatologist reviewed, clinically tested, hypoallergenic, vegan-friendly, cruelty-free, and free from parabens, phthalates, and gluten. It is proudly made in the U.S.A.

RevitaLash® Cosmetics Leave-In Hair Mask & Conditioner (90 mL / 3.0 fl oz) retails for $42.50 and will be available through authorized salons, spas, specialty retailers, and on revitalash.com beginning March 1st.

About RevitaLash® Cosmetics
RevitaLash® Cosmetics is a worldwide leader in developing advanced lash, brow and hair beautification products. Established in 2006, the collection includes award-winning RevitaLash® Advanced Eyelash Conditioner and RevitaBrow® Advanced Eyebrow Conditioner, and is available in physician’s offices, spas, salons, and specialty retailers across 70+ countries. A supporter of non-profit breast cancer initiatives, RevitaLash® Cosmetics donates a portion of proceeds to research and education initiatives, giving back to the breast cancer community year-round, not just in October. For information, visit www.revitalash.com.

*Results from a controlled lab study using Leave-In Hair Mask & Conditioner vs. shampooed hair. Keratin denaturation measured over 4 applications of heat.

RevitaLash Cosmetics Leave-In Hair Mask & Conditioner
RevitaLash Cosmetics Leave-In Hair Mask & Conditioner

MDJM LTD Secures an Aggregate $8.5 Million in Public Offerings to Support Global Animation and Cultural Development

LONDON, March 3, 2026 /PRNewswire/ — MDJM LTD (Nasdaq: UOKA) (“MDJM” or the “Company”) announced that it has completed two offerings totaling an aggregate of approximately USD 8.5 million in February and March 2026 to advance its global animation production and cultural infrastructure initiatives.

On February 11, 2026, the Company closed an upsized public offering, raising gross proceeds of approximately USD 6 million, before deducting underwriting discounts and other offering expenses. On March 2, 2026, the Company completed a registered direct offering, raising gross proceeds of approximately  USD 2.5 million, before deducting the placement agent’s fees and other estimated offering expenses payable by the Company. An estimated 50% of the combined funding will support international animation collaborations and the continued development of the Company’s cultural project centered around Fernie Castle in Scotland.

International Animation Co-Productions with H5 and Abano

A portion of the newly secured capital will be allocated to the co-production of two animated films in collaboration with internationally renowned animation studios H5 (S.A.R.L.) (“H5”) and Abano Producións.

Both projects are currently in active production and are targeted for completion by the end of 2026. Upon completion, the Company expects to evaluate international film festival submissions and global distribution opportunities.

H5 is recognized for its work in cross-media digital art and animation, while Abano Producións has participated in international recognized animated productions and festival-screened projects.

Through this collaboration, MDJM seeks to combine innovative storytelling, high artistic standards, and strong global distribution potential, while strategically establishing a long-term ecosystem of proprietary original IP assets.

Development of a Distinctive Cultural Field at Fernie Castle

The offerings will also support the ongoing design and planning of a cultural development project integrating:

  • The Fernie Castle Animation Museum
  • A Classical Oriental Garden cultural landscape design

The castle and garden are intended to form a cohesive cultural destination combining  heritage architecture, landscape design, and animation-related programming.

This initiative reflects MDJM’s long-term vision of building a physical cultural venue that complements its creative and production initiatives.

Design Leadership by Kengo Kuma and Simpson & Brown

The Fernie Castle project involves design collaboration with Kengo Kuma & Associates (“KKAA”) and Simpson & Brown LLP (“Simpson & Brown”).

KKAA is widely recognized for his human-centered architectural philosophy and his ability to integrate built form with surrounding environment and cultural context. Simpson & Brown brings extensive expertise in heritage architecture and conservation, helping ensure that the project preserves architectural integrity while extending its historical legacy with contemporary cultural functionality.

Together, this collaboration brings together a British medieval castle and a Classical Oriental Garden landscape in a unified cultural setting. The project reflects a cross-temporal and cross-cultural design dialogue, integrating distinct architectural traditions within a cohesive and thoughtfully designed environment..

Under their design direction, the Fernie Castle cultural field is progressing in alignment with MDJM’s broader global cultural development strategy.

Advancing A Global Cultural Strategy

The successful offerings reflect confidence in MDJM’s strategic direction. The Company is advancing a global cultural development framework that integrates:

  • International animation production
  • Architectural and landscape-based cultural infrastructure
  • Digital cultural initiative
  • Cross-border creative collaboration

This integrated approach positions MDJM at the intersection of content creation, cultural space design, and global creative industry development.

Outlook for the Animation Industry

MDJM remains constructive on the long-term growth of the global animation industry. As demand for high-quality storytelling and culturally resonant content continues to expand, the Company believes animation will remain important component of the global creative economy.

The recent capital infusion enhances MDJM’s ability to advance its international projects while supporting the development of a sustainable cultural ecosystem focused on creativity and long-term global engagement.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Act. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions, and include statements regarding anticipated use of proceeds from the offerings, the Company’s future operating or financial results; the Company’s liquidity; and other factors listed from time to time in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. 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 annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.

Investor Contact

Sherry Zheng
WAVECREST GROUP INC.
Phone: +1 718-213-7386
Email: sherry@wavecrestipo.com

Locksley Announces High-Grade Antimony Assays at Desert Antimony Mine Confirm Surface Continuity

SAN BERNARDINO, Calif., March 3, 2026 /PRNewswire/ — Locksley Resources Limited (ASX: LKY; OTCQX: LKYRF/ADR: LKYLY announced high-grade antimony (Sb) assays received from surface exposure grab sampling, with a peak value of 16.90% Sb confirm continuity of high-grade stibnite mineralization along strike and above the historical undergro8und workings at the company’s Desert Antimony Mine located within the Company’s Mojave Project in California.

These samples were collected from earthworks conducted during preparation for the maiden drilling program currently underway. The work identified extensions of stibnite-bearing mineralized veins at surface, further validating the system’s high-grade continuity and strike potential. Additional information can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03063849-6A1314564&v=undefined.

The results continue to reflect the company’s strong technical foundation and focus on high-confidence targets. Ongoing diamond drilling at DAM is expected to further refine geometry and evaluate resource potential.

Locksley Resources (https://www.locksleyresources.com.au) is focused on critical minerals in the U.S. The company is actively advancing the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley is executing a mine-to-market strategy for antimony, aimed at reestablishing domestic supply chains for critical materials, underpinned by strategic downstream technology partnerships with leading U.S. research institutions and industry partners. This targeted approach, combined with resource development with innovative processing and separation technologies, positions Locksley to play a role in advancing U.S. critical materials independence.

Contact: Beverly Jedynak, beverly.jedynak@viriathus.com, 312-943-1123; 773-350-5793 (cell)