Photo: On August 24th, after 26 years, 'Saikai Si' returned to the Maowusu Desert and planted saplings again with Yin Yuzhen and her husband. After planting trees with Yin Yuzhen (left), 'Saikai Si' sniffed the saplings.

BEIJING, CHINA - Media OutReach Newswire - 11 November 2026 - The 27th China Annual Conference & Expo for International Education (CACIE) hosted a "CACIE Talk" session in Beijing on October 30, where Yin Yuzhen, a Chinese anti-desertification pioneer, Bai Fan, head of the Luoyang No. 2 Foreign Language School Education Group, and their American friend Sakolsky, whose full name is Ronald Sakolsky, reconnected via video link. The brief conversation added a new footnote to a cross-border green story now spanning 26 years.

In the video link, Sakolsky said he had launched preparations on October 1 to establish the Sakolsky Foundation. He plans to work with the China Education Association for International Exchange to build a platform for exchanges between Chinese and American teachers and students, using people-to-people exchanges to bridge cultural divides. Communication and understanding, he said, are important bridges to a peaceful future for young people in the global village we all share.

Bai Fan also noted that face-to-face cross-border educational exchanges can help young people learn tolerance and respect, and see a real, multi-dimensional China. Yin Yuzhen responded with a simple observation that resonated with the audience: planting trees and nurturing people both come down to perseverance.

The friendship had its origins in the Maowusu Sandy Land. In 1999, Sakolsky, then teaching in Luoyang, was moved by Yin Yuzhen's story of taking root in the desert to control desertification, and raised $5,000 himself to support her afforestation efforts. Yin invested the entire sum in the sandy land, planted some 50,000 saplings, erected a stone marker bearing her friend's name, and kept one dollar as a memento.

The two then lost touch for more than two decades. Yin kept up her sand-control work day after day while thinking of her friend far away. In May 2026, she posted a video appeal to find him and located Sakolsky within 26 hours. In August that year, the two met in person in Ordos and walked together into the forest that now stands there.

For more than four decades, Yin Yuzhen and her husband have remained committed to the Maowusu, bringing a total of 70,000 mu (about 4,667 hectares) of barren sand under control. The shifting dunes that once rolled with yellow dust have gradually become woodland and pasture. Today, 85 percent of the Maowusu Sandy Land in Uxin Banner has been treated, and the transformation of this sandy expanse is regarded as a model case in reversing land degradation worldwide. Over the years, the area has continued to attract volunteers from many countries to take part in desertification control, and people-to-people cooperation on environmental protection has continued to grow.

The goodwill that began with sand control has long gone beyond a single stretch of sandy land. On October 15 this year, Yin Yuzhen was named one of the inaugural "100 Women Heroes in Agrifood Systems and Rural Development" at the headquarters of the Food and Agriculture Organization of the United Nations (FAO) in Rome. There she joined Sakolsky and FAO Director-General Qu Dongyu in planting a crape myrtle as a symbol of friendship, sharing China's experience in desertification control on the international stage. Windblown sand respects no borders, and a shared commitment to ecological conservation has carried the story of two ordinary people out of the desert and onto the international multilateral platform.

The thread of people-to-people friendship clearly runs from the saplings in the Maowusu to the crape myrtle as a mark of friendship in Rome, and now to the conversation in Beijing about exchanges among young people. Sakolsky's plan to establish the foundation is meant to carry forward the goodwill that began in the desert: starting from an ecological commitment, using educational exchange as a bond, and helping more young people build connections and pass on the power of goodness and beauty.

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

The arrangement gives Axi an opportunity to introduce its trading services to Babypips' established global audience through its advertising platform

SYDNEY, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Axi, a global online FX and CFD broker, has joined Babypips as an advertising partner through its Trusted Partner programme, providing an opportunity to increase brand visibility among an established audience of forex traders and those looking to learn more about financial markets.

Founded in 2005, Babypips has become an established online destination for forex education, helping millions of readers understand the foreign exchange market. Its accessible learning resources explain forex trading and the economic forces that influence currency prices and wider financial markets.

Its educational offering includes the School of Pipsology, a structured, self-paced programme with free courses covering forex basics and technical analysis. Its Premium curriculum goes further into price action, macro fundamentals, intermarket analysis, global liquidity and trading plan development, with a strong emphasis on risk management. Babypips also offers market commentary, trading tools, quizzes and a community forum.

Through the Trusted Partner programme, Axi will be featured as an advertising partner on Babypips, giving readers the opportunity to discover more about the broker and its trading services through designated promotional placements. The arrangement provides Axi with access to a relevant audience while allowing Babypips to maintain a distinction between advertising partnerships and its independent educational and editorial content.

"Babypips has built an established presence within the forex education space, reaching an audience interested in understanding and participating in financial markets. Becoming an advertising partner through its Trusted Partner programme gives Axi an opportunity to increase our visibility among this audience and introduce more traders to our offering," said Julie Sharova, Global Head of Marketing at Axi.

To support traders at every stage, the School of Pipsology has continually evolved beyond introductory forex into advanced market study. Its latest curriculum updates feature specialised modules on price action trading, macro fundamentals, global liquidity, and a practical prop firms 101 guide. Alongside these structured lessons, the platform's active community forums provide an open space for traders around the world to debate strategy, analyse market movements, and share ideas in real time.

About Axi

Axi is a global online FX and CFD broker, providing thousands of clients across 100+ countries with access to financial markets through intuitive trading platforms, advanced tools, and educational resources. Its product suite includes forex, CFDs, and perpetual futures, with availability varying by region and entity.

About Babypips

Founded in 2005, Babypips is one of the world's most trusted online resources for retail traders. The platform is best known for its flagship School of Pipsology. Beyond education, Babypips empowers market participants with MarketMilk, an intuitive visual technical analysis and screening tool, and daily market commentary authored entirely by its veteran in-house editorial team.

The team covers forex, equities, commodities like gold and oil, and broader financial markets. Backed by an active global trading community, Babypips equips millions of readers each month with clear, actionable insights to navigate modern investing. For more information, visit www.babypips.com.

Copyright 2026 GlobeNewswire, Inc.

This release is intended for the general public, healthcare professionals, policymakers and other healthcare decision-makers, plus pharmaceutical, policy and trade media. 

New analysis of five EU countries as well as Canada, Japan and the UK quantifies what governments stand to gain or lose by 2035 under pro- and contra-innovation policy choices 

Europe risks falling further behind the US and China on R&D investments, clinical trials and access to new medicines 

Cutting investments into medical innovation today could lead to raising overall healthcare spending tomorrow 

Attractive market conditions for new medicines are as much a prerequisite for strategic healthcare autonomy as research and manufacturing 

Ingelheim, Germany - EY today released "Innovation at a Crossroads," a report commissioned by Boehringer, on how policy choices could shape the economy, healthcare systems and strategic autonomy in the EU until 2035. The report assesses France, Germany, Italy, Poland and Spain, as well as EU-level policy, and compares them with Canada, Japan and the UK. 

The EY report finds that Europe has significant strengths to draw upon but that policymakers continue to balance a range of competing challenges. These include rising healthcare demand and constrained public finances, as well as the need to strengthen competitiveness, reduce external dependencies and respond to intensifying geopolitical tensions and global competition for investment. Since 2010, EU pharmaceutical R&D spending has grown 4.4% a year, against 5.5% in the US and 20.7% in China, and the European Economic Area's share of commercially sponsored clinical trial starts fell from 22% in 2013 to 12% in 2023. The report concludes that the EU is not losing its science edge as such but is facing challenges in creating the commercial and regulatory conditions required to allow science to translate into economic growth and value.

To explore the consequences of different policy choices, the report sets out two scenarios. In a pro-innovation scenario, governments create predictable conditions through stable intellectual property frameworks, efficient regulation, competitive reimbursement, and support for commercialization. In a contra-innovation scenario, governments introduce cost containment measures that may ease budget pressures in the short run but create higher healthcare costs in the mid- to long-term. The scenarios illustrate the upside and downside of today's policy choices to quantify what countries could gain or lose under different trajectories. 

Key findings include: 

Economy: Weaker innovation incentives could impact economic competitiveness and healthcare resilience. R&D investment is fragile and depends on predictable pricing, strong IP protection and efficient regulation. For example, France's corporate R&D expenditure in pharmaceuticals would rise only 14% in the contra-innovation scenario, compared with 66% in the pro-innovation scenario. 

Healthcare: Pharmaceutical innovation can help reduce future healthcare costs, so it should be treated as a long-term investment, not simply as an expense. As an example, in 2035, a pro-innovation path would leave German healthcare spending about 3.1 percentage points of GDP lower than a contra-innovation path, saving around EUR124 billion.  

Strategic autonomy: Creating the right conditions to support the launch of new pharmaceuticals in Europe is critical to allow Europeans to benefit from the latest medical innovation. To be effective, research & development and local manufacturing capacity should be supported by a commercial environment that retains, scales innovation in domestic markets. The analysis shows that in France, Germany and Italy, a pro-innovation policy path could result in around 390 additional Life Sciences companies being founded per year by 2035 compared with a contra-innovation path, strengthening Europe's domestic innovation ecosystem.

"Pharmaceutical innovations should not be seen simply as a cost for healthcare systems. Innovation allows us to prevent disease, reduce hospital stays, and keep economies productive. This report shows that affordability and innovation are not competing goals but need to be addressed together," said Shashank Deshpande, Chairman of the Board of Managing Directors, Boehringer Ingelheim. 

The report highlights that a coordinated approach, aligning healthcare, industrial, innovation and economic policy, relies on the following requirements: predictable and transparent pricing frameworks, strong and reliable intellectual property protection, and efficient and timely regulatory pathways. 

Download the report here: https://www.ey.com/en_uk/industries/life-sciences-innovation-at-a-crossroads 

About the "Innovation at a Crossroads" report 

The report was commissioned by Boehringer to consider policy developments and their impacts in order to provide a strategic assessment of the policy landscape, rather than a precise quantitative forecast. Based on analysis by EY, the report's policy assessment covers measures introduced or proposed between 2022 and June 2026. The assessment and scenarios rely on a set of assumptions and judgements regarding the potential impact of policies, which are inherently uncertain.

Boehringer Ingelheim 

Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry's top investors in research and development, the company focuses on developing innovative therapies that can improve and extend lives in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective. Our approximately 54,300 employees serve over 130 markets to build a healthier tomorrow. Learn more at https://www.boehringer-ingelheim.com (Global) or https://www.boehringer-ingelheim.com/uk (UK).  

Copyright 2026 GlobeNewswire, Inc.

Source: Hong Kong Science and Technology Parks Corporation

Leading 10 Park Companies to Expand Overseas and Deepen Collaboration with Singapore

HONG KONG SAR - Media OutReach Newswire - 11 November 2026 - Hong Kong Science and Technology Parks Corporation (HKSTP) has successfully concluded its inaugural participation at Singapore Urban Mobility Week 2026 (SUMW 2026), organised by the Land Transport Authority (LTA) of Singapore from 4-6 November 2026. This mission also marked HKSTP's first dedicated overseas pavilion focused on the theme of "Smart Mobility".

Leading a delegation of 10 outstanding park tech ventures, HKSTP showcased Hong Kong's cutting-edge R&D capabilities in smart transit, autonomous driving, passenger experience, and intelligent transport solutions. The initiative actively unlocked international partnerships and commercial opportunities, reinforcing Hong Kong's firm positioning as an international innovation and technology hub.

Through this delegation, HKSTP further solidified its strategic partnership with Singapore government authorities while expanding multifaceted collaborations with local commercial partners across land transport operators, urban rail networks, and major transport hubs.

Notably, Mr. Ng Lang, Chief Executive of the Land Transport Authority (LTA) of Singapore, visited the HKSTP Pavilion, acknowledging the immense potential of park ventures to integrate into Singapore's smart mobility ecosystem. Additionally, HKSTP hosted the "HKSTP Global Mixer ? Mobility & Logistics in Singapore" networking event, gathering over 100 representatives from the Hong Kong Economic and Trade Office in Singapore, InvestHK, HKTDC, park ventures, and Singaporean industry leaders to foster multi-party dialogue and cross-border exchange.

Mr Terry Wong, Chief Executive Officer of HKSTP, said: " HKSTP is committed to empowering tech ventures to scale globally. Debuting our first overseas smart mobility pavilion provides a targeted strategy that opens doors for park companies to connect directly with local authorities, industry leaders, academia, and investors. This initiative highlights Hong Kong's unique role as a gateway for cross-border collaboration and a 'super-connector' and 'super value-adder'. HKSTP will continue to expand its network across Southeast Asia and deepen long-term collaboration between Hong Kong and Singapore in smart city and transport technologies, reinforcing Hong Kong's position as an international innovation and technology hub."

HKSTP has been actively driving cross-regional collaborations in recent years to provide comprehensive support for park ventures expanding into Southeast Asia and international markets, delivering remarkable results. Moving forward, HKSTP will continue to leverage its strength as a "two-way gateway" to lead more outstanding tech ventures beyond Hong Kong, deepen global commercial and technical matchmaking, and empower them to achieve tangible business breakthroughs in overseas markets.

Click here to download high-res photos

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

Hashtags: #HKSTP #HongKongScienceandTechnologyParksCorporation

DUBLIN, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Travel is changing, and not simply because people are going abroad more often; as travellers, we are rethinking where we go, how we plan our journeys and what we expect along the way. What was considered a luxury just a few years ago is now a must-have, while things we could hardly have imagined have become part of everyday life.

Think back to when finding a taxi in an unfamiliar city meant having to call for one, something most travellers would hardly think of doing today.

To understand these changes and how travel continues to evolve, Holafly has launched the second edition of its Global eSIM & Travel Report 2026?2027, bringing together the experiences and expectations of 5,220 international travellers across 13 countries to explore the forces shaping travel today and tomorrow.

The report looks at how people travelled in 2026, where they are planning to go in 2027 and how technology and sustainability are influencing their decisions. It also explores the evolution of business travel and how travel eSIMs are changing the way we use our phones abroad. Rather than focusing on a single trend, it brings these perspectives together to understand what travellers increasingly expect from their journeys.

One of the clearest findings is that the appetite for international travel remains strong, with 49% of respondents travelling more frequently than they did two years ago and 75% expecting to take at least two international trips in 2027, up from 67% last year. Travellers are also becoming more independent, with solo travel rising from 20% to 24% over the past year.

The way travellers access the internet abroad is changing rapidly, with 29% of respondents now using eSIMs as their main way of accessing mobile data abroad, up from 17% in 2025, while 44% frequently use AI to plan their trips, an increase of 13 percentage points. What once felt like an added convenience is now becoming something travellers expect to have at their fingertips.

"The interesting thing about travel is how quickly our expectations change. A few years ago, managing almost everything from your phone felt like a convenience; today, we simply expect it to work, wherever we are. What matters is not the technology itself, but what it allows people to do. This report helps us understand how those everyday changes are transforming the way we experience the world," said Alfonso Mata, Head of Strategy at Holafly.

The Holafly Global eSIM & Travel Report 2026?2027 offers a broader picture of an industry evolving alongside its travellers. While the desire to discover new places remains much the same, how we plan, experience and think about our journeys continues to change.

Copyright 2026 GlobeNewswire, Inc.

SINGAPORE, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") reports its unaudited financial and operating results for the three and nine month periods ended 30 September 2026.

The complete quarterly reporting package for the Company, including the unaudited financial statements (the "Interim Financial Statements") and associated management's discussion and analysis ("MD&A") are being filed on SEDAR+ at www.sedarplus.ca and posted the Company's website at www.valeuraenergy.com.

Q3 Highlights

Oil production of 2.036 million bbls, averaging 22,128 bbls/d(1);

Oil sales of 2.013 million bbls;

Price realisations averaged US$97.4/bbl, resulting in revenue of US$196.1 million;

Adjusted EBITDAX of US$115.8 million(2) and adjusted cashflow from operations of US$93.6 million(2);

Net cash of US$384.9 million(3), with no debt.

Exploration discovery on Block G1/48(4) ? the Suraphi oil field;

Final investment decision ("FID") on the first phase of development of the Bussabong gas field, on Block G3/65(5); and

Milestone cumulative production of 100 million bbls of oil from the Jasmine/Ban Yen field on Block B5/27(6) as of 21 September 2026.

Recent Achievements

Early completion and installation of the new Wassana central processing platform ("CPP") on Block G10/48(6).

(1) Working interest share production, before royalties.

(2) Non-IFRS financial measure or non-IFRS ratio ? see "Non-IFRS Financial Measures and Ratios" section.

(3) Includes restricted cash of US$15.8 million.

(4) 70% operated working interest.

(5) 40% non-operated working interest.

(6) 100% operated interest.

Dr. Sean Guest, President and CEO commented:

"Across the entire spectrum including exploration, development, and production, our performance in Q3 2026 provides strong examples of how we are delivering value for our stakeholders. We are firing on all cylinders.

Our exploration discovery at Suraphi creates a line of sight to a longer life for the G1/48 Block by unlocking both new and stranded oil accumulations in the vicinity. Our Wassana redevelopment project demonstrates our ability to execute high value offshore developments efficiently, underscored by our two-month acceleration of the CPP installation. Our FID of the first phase of development at the Bussabong field lays a framework for us to diversify our portfolio and to build materiality from gas development over time. All of this was delivered safely, and while recording high-margin oil production exactly in line with our plan.

From a financial perspective, our Q3 performance illustrates how our portfolio is pre-disposed to turning high oil prices into a formidable stream of cash flow. As a result, by the end of Q3 our balance sheet had grown to US$385 million in cash, with no debt. This position, together with our undrawn credit facility, provides the wherewithal for us to pursue our inorganic growth ambitions in Thailand and elsewhere in the region. We are excited by the opportunity set before us and see the potential for Valeura to deliver transformational growth."

Financial and Operating Results Summary

		Three months ended				Nine months ended
		30 September 2026	30 September 2025	Delta (%)		30 September 2026	30 September 2025	Delta (%)
Oil Production(1)	(願 bbls)	2,036	2,114	-4%		6,075	6,210	-2%
Average Daily Oil Production(1)	(bbls/d)	22,128	22,976	-4%		22,254	22,743	-2%
Average Realised Price	($/bbl)	97.4	72.1	+35%		93.5	72.9	+28%
Oil Volumes Sold	(願 bbls)	2,013	2,160	-7%		5,861	5,943	-1%
Oil Revenue	($'000)	196,106	155,651	+26%		548,126	432,996	+27%
Profit before income taxes	($'000)	48,690	23,689	+106%		149,813	76,681	+95%
Net Income	($'000)	25,646	15,813	+62%		84,695	35,335	+140%
Adjusted EBITDAX(2)	($'000)	115,814	80,710	+43%		320,274	230,306	+39%
Adjusted Pre-Tax Cashflow from Operations(2)	($'000)	109,779	77,667	+41%		294,486	202,536	+45%
Adjusted Cashflow from Operations(2)	($'000)	93,558	73,616	+27%		268,988	197,034	+37%
Operating Costs	($'000)	52,704	49,093	+7%		142,413	131,741	+8%
Adjusted Opex(2)	($'000)	57,118	52,525	+9%		166,847	158,830	+5%
Operating Costs per bbl	($/bbl)	25.9	23.2	+12%		23.4	21.2	+10%
Adjusted Opex per bbl(2)	($/bbl)	28.1	24.8	+13%		27.5	25.6	+7%
Adjusted Capex(2)	($'000)	40,861	52,355	-22%		150,739	134,189	+12%
Weighted average shares outstanding ? basic	(願 shares)	106,271	106,219	+0%		106,028	106,339	-0%

 

		As at
		30 September 2026	31 December 2025	Delta (%)
Cash and cash equivalents(3)	($'000)	384,941	305,738	+26%
Adjusted net working capital(2)	($'000)	366,513	261,498	+40%
Shareholder's equity	($'000)	630,716	542,796	+16%

 

(1) Working interest share production before royalties.

(2) Non-IFRS financial measure or non-IFRS ratio - see "Non-IFRS Financial Measures and Ratios" section.

(3) Includes restricted cash.

Financial Update

The Company's Q3 2026 financial performance reflects ongoing production operations at all four of its operated fields in the offshore Gulf of Thailand, and was influenced by continuing high realised prices during the quarter, coupled with sales volumes essentially equivalent to production volumes.

Valeura's working interest share production before royalties averaged 22,128 bbls/d, resulting in a total of 2.036 million bbls produced during Q3 2026, which was approximately 4% lower than Q3 2025. Production was above the Company's expectations for the quarter, and continues to support its production guidance outlook for the full year 2026 as set out in its Revised Guidance (September 2026).

Oil sales totalled 2.013 million bbls during Q3 2026, which was approximately the same as production, and therefore resulted in crude oil inventory being unchanged from the beginning of the quarter. Realised prices during Q3 2026 averaged US$97.4/bbl, a 35% increase over Q3 2025, and a reflection of higher global oil benchmark prices as a result of the conflict in the Middle East.

Q3 2026 revenue was US$196.1 million, an increase of 26% over Q3 2025 revenue, primarily as a result of higher realised prices. Revenue in Q3 2026 includes crude oil receivables of US$22.6 million at 30 September 2026(2), in respect of oil sales just prior to the end of the quarter.   Consequently, these particular sales are included in revenue for Q3 2026, but are not reflected in the Company's cash position as at 30 September 2026.

Valeura's cost of operations in Q3 2026 was influenced by continuing high prices for refined fuel products, notably diesel, which is consumed across the Company's portfolio and comprises a material proportion of the operating budget. Operating costs for the quarter totalled US$52.7 million, equating to US$25.9/bbl of oil produced. As previously disclosed, in describing its cost of ongoing operations Valeura focuses primarily on operating costs, which is an IFRS measure.

However, the Company continues to provide information on Adjusted opex, a non-IFRS measure(1), for historical comparative purposes. To derive Adjusted opex, the Company adjusts for (1) the cost of leases, relating primarily to floating infrastructure used in its operations, which totalled US$6.0 million in Q3 2026; and (2) the capitalisation of inventory, amounting in Q3 2026 to (US$1.6) million. These adjustments thereby result in Adjusted opex of US$57.1 million, or US$28.1/bbl of oil produced in Q3 2026. Management estimates that the increase in the price of diesel has resulted in an addition of approximately US$3.7/bbl to its Q3 2026 Adjusted opex versus its original plan.

Valeura generated adjusted cashflow from operations(1) of US$93.6 million in Q3 2026, which was 27% higher than in Q3 2025, reflecting higher cash flow margins which were driven by higher revenue more than offsetting increases in operating costs.

Valeura had no cash tax payments during Q3 2026. Following the Company's cash tax payments in Q2 2026, no further Special Remuneratory Benefit ("SRB") obligations or Petroleum Income Taxes ("PITA") cash payments are anticipated for the rest of 2026. SRB and PITA for 2026 production will be paid in May 2027. PITA accrued for Q3 2026 (relating to the Nong Yao, Wassana, and Manora fields) was fully offset by the application of tax loss carry-forwards.

Valeura made cash outlays in respect of its operating expenses and capex of US$93.6 million in Q3 2026, and generated Other Income, primarily related to its overriding royalty on the Rossukon field and interest income, of US$5.0 million. As a result, the Company's performance was additive to its financial position. As at 30 September 2026, cash had increased to US$384.9 million, including restricted cash of US$15.8 million. Valeura's adjusted net working capital(1) increased to US$366.5 million as at 30 September 2026, an increase of 40% from 31 December 2025.

(1) Non-IFRS financial measure or non-IFRS ratio - see "Non-IFRS Financial Measures and Ratios" section.

(2) Excludes Value Added Tax.

Operations Update

During Q3 2026, Valeura had ongoing production operations at all four of its operated Gulf of Thailand fields. One drilling rig was on contract during the quarter, until demobilisation from its final Valeura drilling operation on 18 September 2026.

Jasmine / Ban Yen

Oil production before royalties from the Jasmine/Ban Yen field, in Licence B5/27 (100% operated interest) averaged 8,238 bbls/d during Q3 2026.

Production rates reflect the impact of a successful drilling campaign which was completed during the quarter. Valeura drilled two new wellbores from the Jasmine-C platform and two from Jasmine-D. The drilling programme included two horizontal development wells and two dual-objective deviated wells drilled for both development and appraisal targets.

In addition to increasing production, the drilling programme's multi-objective wells successfully appraised several new zones, which are being studied as potential future development candidates.

During Q3 2026, cumulative oil production from the Jasmine/Ban Yen field reached a milestone of 100 million bbls produced, substantially exceeding the original production estimates for the field.

Nong Yao

Working interest share oil production before royalties from the Nong Yao field, in Licence G11/48 (90% operated working interest) averaged 9,255 bbls/d during Q3 2026.

In addition to routine production and maintenance operations in Q3 2026, Valeura advanced its project to add four additional well slots to the Nong Yao A platform and completed it in October 2026. The Company has since mobilised its new drilling rig to the Nong Yao field, where it plans to drill three wells from the new slots in Q4 2026.

Wassana

Oil production before royalties from the Wassana field, in Licence G10/48 (100% operated interest), averaged 2,484 bbls/d during Q3 2026. No wells were drilled on the licence in Q3 2026, and no further wells are planned to be drilled from the field's original production facility, the Mobile Offshore Production Unit ("MOPU") Ingenium.

Onshore construction of the Wassana field's new CPP facility progressed ahead of schedule in Q3 2026 and was fully completed on 01 October 2026. The CPP facility's jacket structure and the CPP itself were mobilised to the field in October and safely installed on location. Hook up and commissioning of the facility has commenced and Valeura plans to begin development drilling from the CPP later in Q4 2026.

In accordance with the project plan, installing the CPP will require a shutdown of production from the field's existing production facilities for approximately two months, to execute upgrades to the field's floating storage and offloading vessel. This shutdown is scheduled to begin in mid-November 2026.

Manora

Working interest share oil production before royalties from the Manora field, in Licence G1/48 (70% operated working interest), averaged 2,148 bbls/d during Q3 2026.

During Q3 2026 Valeura drilled the Manora-9 open water exploration well, approximately 4.5 km to the northeast of the Manora-A platform. The well, along with follow-up sidetracks, identified several oil-bearing sandstone intervals within separate fault blocks, thereby constituting a new field on the licence, to be known as Suraphi. Valeura's management believes the discovery is likely to justify a satellite facility development on the block. The Company is evaluating whether to pursue a fast-track development of the Suraphi field, or to first conduct further appraisal drilling in the vicinity, with a decision anticipated by the end of 2026.

Block G1/65 and G3/65

In September 2026, the Cabinet of the Government of Thailand granted executive approval for the transfer of interest from PTTEP Energy Development Company Limited ("PTTEP"), a subsidiary of PTT Exploration and Production Public Company Limited to Valeura, in connection with the Company's strategic farm-in to Blocks G1/65 and G3/65. Valeura expects to complete the administrative steps to close the transfer of 40% non-operated working interest in each of the blocks before the end of 2026.

Also in September 2026, Valeura and PTTEP took a final investment decision to proceed with an initial gas development at the Bussabong gas field on Block G3/65. The project will be Valeura's first organic gas development in its Thailand portfolio and entails two gas wellhead platforms tied in to nearby processing infrastructure. Valeura anticipates first production from the Bussabong field at approximately year-end 2028.

In addition, Valeura and PTTEP are continuing to plan the next phases of appraisal and exploration on several focus areas in both Block G1/65 and G3/65, guided by 3D seismic data, which was acquired in 2025.

T?rkiye

On the West Thrace Production Leases and the West Thrace Exploration Licence, Transatlantic has satisfied the earning requirements entitling it to a 50% undivided working interest, but in Q3 2026, notified Valeura of its intent to relinquish its earning rights. Accordingly, Valeura's interest remains 63% in these blocks and 100% in the Banarli Licence.

The Company intends to seek a new farm-in partner to pursue the next phases of exploration and appraisal on its tight gas play in T?rkiye.

Valeura's management remains primarily focused on executing to add value through its growth-oriented strategy in the Asia-Pacific region, but continues to see the T?rkiye tight gas play as a potentially significant source of value in the longer term.

Guidance

Full year 2026 production is expected to be above the guidance mid-point despite a planned shutdown of the Wassana field now planned to begin in November 2026 rather than in 2027, in accordance with the accelerated redevelopment work plan.  

Operating Costs and Adjusted opex continue to be affected by higher than anticipated oil prices and the flow through effect to the cost of diesel fuel. Prices have remained at elevated levels throughout both Q2 and Q3, and are continuing into Q4 2026. As a result, the Company now anticipates its full year Adjusted opex being just above the top end of its Revised Guidance (September 2026) range. Accordingly, Valeura is adjusting its guidance on Adjusted opex as indicated in the Revised Guidance (November 2026) figures below.

All capital projects associated with Valeura's original 2026 work programme, and those added by way of its Revised Guidance, as announced in May and September 2026, remain on budget.

Original Guidance	Revised Guidance (May 2026)	Revised Guidance (September 2026)	Revised Guidance (November 2026)
Production(1)	(願 bbls)	19,500 ? 22,500	19,500 ? 22,500	20,000 ? 22,000	20,000 ? 22,000
Adjusted opex(2)	(US$ million)	190 ? 220	190 ? 220	190 ? 220	225 ? 235
Adjusted capex(2) (including exploration spend)	(US$ million)	175 ? 195	195 ? 215	220 ? 235	220 ? 235

 

(1) Working interest share production before royalties.

(2) Non-IFRS financial measure or non-IFRS ratio ? see "Non-IFRS Financial Measures and Ratios" section.

The Company intends to fund its Adjusted opex and Adjusted capex spending from ongoing cash flow.

Webcast

Valeura's management team will host an investor and analyst webcast tomorrow, Thursday, 12 November 2026 at 08:00 Calgary / 14:00 London / 21:00 Bangkok / 22:00 Singapore to discuss this announcement. The live audio and video feed can be accessed via the link below. Written questions may be submitted through the webcast system or by email to IR@valeuraenergy.com.

Webcast link: https://events.teams.microsoft.com/event/643f46a0-dd8c-4bd1-a230-7c4286f43037@a196a1a0-4579-4a0c-b3a3-855f4db8f64b?source=copyLinkLegacyShareLinkDialog

An audio only feed of the event is available by phone using the Conference ID and dial-in numbers below.

Conference ID: 115 585 132#

Dial-in numbers:

Canada: 833-845-9589

Singapore: +65 6450 6302

Thailand: +66 2 026 9035

T?rkiye: 0800 142 034779

United Kingdom: 0800 640 3933

United States: (833) 846-5630

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries)  +65 6373 6940

Sean Guest, President and CEO

Yacine Ben-Meriem, CFO

Contact@valeuraenergy.com  

Valeura Energy Inc. (Investor and Media Enquiries)  +1 403 975 6752

Robin James Martin, SVP, Communications and Investor Relations

IR@valeuraenergy.com

Contact details for the Company's advisors, covering research analysts and joint brokers, including ATB Cormark Capital Markets, Auctus Advisors LLP, Beacon Securities Limited, Canaccord Genuity Ltd (UK), Research Capital Corporation, Roth Canada Inc., and Stifel Nicolaus Europe Limited, are listed on the Company's website at www.valeuraenergy.com/investor-information/analysts/.

About the Company

Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and T?rkiye. The Company is executing a growth-oriented strategy, reinvesting into its producing asset portfolio while deploying capital toward further organic and inorganic growth across Southeast Asia. Valeura is committed to delivering value-accretive growth for all stakeholders, underpinned by high standards of environmental, social and governance responsibility.

Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

Unaudited Financial Information

Certain anticipated financial and operating results for Q3 2026 in this news release, including free cash flow, are preliminary estimates based on unaudited financial information. These preliminary figures have not been audited or reviewed by the Company's auditor and remain subject to change, which changes could be material, upon completion of the Company's unaudited Interim Financial Statements for the three and six months ended 30 September 2026 and management's final review.

Non-IFRS Financial Measures and Ratios

Adjusted EBITDAX: is a non-IFRS financial measure which does not have a standardised meaning prescribed by IFRS Accounting Standards. This non-IFRS financial measure is included because management uses the information to analyse the financial performance of the Company. Adjusted EBITDAX is a non-IFRS and non-standardised variant of EBITDAX, adjusted to remove non-cash items as well as certain non-recurring costs including severance payments and other one-off items in relation to the Company's recent acquisitions. Adjusted EBITDAX is calculated by adjusting profit for the period before other items as reported under IFRS Accounting Standards to exclude the effects of other income, exploration, SRB, finance income and expense, depletion, depreciation & amortisation ("DD&A"), other costs, and certain non-cash items (such as impairments, foreign exchange, unrealised risk management contracts, reassessment of contingent consideration and gains or losses arising from the disposal of capital assets). In addition, share-based compensation is excluded from adjusted EBITDAX, as the expenses are not indicative of the underlying financial performance of the Company.

Three months ended			Nine months ended
$'000	Unaudited	Unaudited		Unaudited	Unaudited
	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Profit for the period before other items	48,498	23,516		149,205	76,081
Other income	(5,027)	(3,386)		(15,109)	(14,496)
Exploration	1,459	201		2,031	3,692
SRB	13,904	3,582		14,277	3,778
Finance costs	4,875	5,941		13,944	16,388
DD&A	48,934	49,951		143,732	139,701
Share-based compensation (1)	3,171	905		12,194	5,162
Adjusted EBITDAX	115,814	80,710		320,274	230,306

 

(1) Items are not shown in the Company's Interim Financial Statements ? see the Adjusted G&A Expenses section for more details.

Adjusted opex and adjusted opex per barrel: are a non-IFRS financial measure and a non-IFRS financial ratio respectively, which do not have standardised meanings prescribed by IFRS Accounting Standards. This non-IFRS financial measure and ratio are included because management uses the information to analyse cash generation and financial performance of the Company. Operating cost represents the operating cash expenses incurred by the Company during the period including the leases that are associated with operations, such as bareboat contracts for key operating equipment, such as FSOs, floating production, storage, and offloading vessels ("FPSO"), MOPUs, and warehouses. Adjusted opex is calculated by effectively adjusting non-cash items from the operating cost and adding lease costs.

Adjusted opex is divided by production in the period to arrive at adjusted opex per barrel. Valeura calculates adjusted opex per barrel to provide a more consistent indication of the cost of field operations. Adjusted opex, as opposed to operating expenses, excludes the impacts of non-recurring, non-cash items such as prior period adjustments, and adds back lease costs in relation to FSOs, FPSOs, MOPU, and other facilities.

Three months ended			Nine months ended
$'000	Unaudited	Unaudited		Unaudited	Unaudited
	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Operating Costs(1)	52,704	49,093		142,413	131,741
Adjustment of accounting related to inventory capitalisation(2)	(1,565)	(4,751)		5,533	2,306
Leases(3)	5,979	8,183		18,901	24,783
Adjusted Opex	57,118	52,525		166,847	158,830
Production Volumes during the period (mbbls)	2,036	2,114		6,075	6,210
Adjusted Opex per Barrel(2) ($/bbl)	28.1	24.8		27.5	25.6

 

(1) Operating costs, derived from the Interim Financial Statements, are presented net of crude oil inventory capitalisation
(2) The item is not shown in the Interim Financial Statements. The cost of crude inventory is capitalised from operating costs. As a result, the Company has excluded the effect of crude inventory capitalisation.
(3) In accordance with IFRS 16 Leases, the Company recognised cost related to its operating leases ? attributed to FSO and FPSO vessels and MOPU used at its Jasmine/Ban Yen, Nong Yao, Manora, and Wassana fields, as well as onshore warehouse facilities costs to its balance sheet and finance cost in the profit and loss statement. In order to report a more relevant lifting cost, the Company has included costs associated with these leases in the adjusted operating cost calculation. This will be a recurring adjustment.

Adjusted G&A expenses: is a non-IFRS financial measure, which does not have standardised meanings prescribed by IFRS Accounting Standards. This non-IFRS financial measure is included because management uses the information to analyse cash generation and financial performance of the Company. G&A expenses represent the administrative expenses incurred by the Company during the period, including personnel and office expenses, share-based compensation, severance, IT licences and consultancy and professional services. To analyse the Company's cash generation and financial performance, adjusted G&A expenses is calculated by deducting non-cash items such as the provision for severance, and share-based compensation, from the G&A expenses reported in the financial statements.

	Three months ended			Nine months ended
$'000	Unaudited	Unaudited		Unaudited	Unaudited
	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Personnel and office costs	3,871	5,372		15,190	14,886
Share-based compensation	3,171	905		12,194	5,162
Severance	157	229		605	93
IT hardware and software licences	-	90		-	342
Consultancy and professional services	745	1,398		2,966	2,988
Total G&A expenses	7,944	7,994		30,955	23,471
Non-cash items	(1,550)	(1,294)		(10,840)	(4,481)
Adjusted G&A expenses(1)	6,394	6,700		20,115	18,990

(1) Adjusted G&A expenses are newly presented in the current period.

Adjusted cashflow from operations and adjusted cashflow from operations per barrel: are a non-IFRS financial measure and a non-IFRS financial ratio respectively, which do not have a standardised meaning prescribed by IFRS Accounting Standards. This non-IFRS finance measure and ratio are included because management uses the information to analyse cash generation and financial performance of the Company. Adjusted cashflow from operations is calculated using two methods which generate the same figures: a) by subtracting from oil revenues, adjusted opex, royalties, general and administrative costs which are adjusted for non-recurring charges (generating the adjusted pre-tax cashflow), and accrued PITA taxes and SRB expenses, and b) to enhance and facilitate to the reader a reconciliation of this non-IFRS measure, the Company also presented the adjusted cash flow from operations by calculating from cash generated from (used in) operating activities in the consolidated statement of cash flows, adjusting with non-cash items, adjusted opex, general and administrative costs which are adjusted for non-recurring charges (generating the adjusted pre-tax cashflow), and accrued PITA tax and SRB expenses.

Adjusted cashflow from operations is divided by production in the period to arrive at adjusted cashflow from operations per bbl. Valeura calculates adjusted cashflow from operations per barrel, to provide a more consistent indication of cashflow generated from operations by the Company.

	Three months ended			Nine months ended
$'000	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Oil revenues	196,106	155,651		548,126	432,996
Royalties	(22,815)	(18,759)		(66,678)	(52,640)
Adjusted opex	(57,118)	(52,525)		(166,847)	(158,830)
Adjusted G&A expenses(1)	(6,394)	(6,700)(1)		(20,115)	(18,990)(1)
Adjusted pre-tax cashflow from operations	109,779	77,667(3)		294,486	202,536(3)
Income tax / PITA tax	(2,317)	(469)		(11,221)	(1,724)
SRB	(13,904)	(3,582)		(14,277)	(3,778)
Adjusted cashflow from operations	93,558	73,616(3)		268,988	197,034(3)
Production during the period (mbbls)	2,036	2,114		6,075	6,210
Adjusted cashflow from operations per barrel ($/bbl)	46.0	34.8(3)		44.3	31.7(3)

 

	Three months ended			Nine months ended
$'000	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Net cash generated from operating activities	134,462	76,419		294,122	156,199
Change in non-cash working capital	(33,602)	2,356		26,358	49,533
Non-cash and other adjustments(2)	72,431	58,117		160,968	174,624
Adjusted opex	(57,118)	(52,525)		(166,847)	(158,830)
Adjusted G&A expenses(1)	(6,394)	(6,700)(1)		(20,115)	(18,990)(1)
Adjusted pre-tax cashflow from operations	109,779	77,667(3)		294,486	202,536(3)
Income tax / PITA tax	(2,317)	(469)		(11,221)	(1,724)
SRB	(13,904)	(3,582)		(14,277)	(3,778)
Adjusted cashflow from operations	93,558	73,616(3)		268,988	197,034(3)
Production during the period (mbbls)	2,036	2,114		6,075	6,210
Adjusted cashflow from operations per barrel ($/bbl)	46.0	34.8(3)		44.3	31.7(3)

(1) Adjusted G&A expenses are newly applied to present adjusted cash flow from operations.
(2) Includes non-cash items and other adjustments, including taxes paid, decommissioning expenditures and restricted cash movements, to align with net cash from operating activities.
(3) Prior year adjusted pre-tax cashflow from operations and adjusted cashflow from operations are revised to align with the current period's presentation.

Free cash flow: is a non-IFRS financial measure which does not have a standardised meaning prescribed by IFRS Accounting Standards. This non-IFRS finance measure is included because management uses the information to analyse cash generation of the Company. Free cash flow is calculated by starting with adjusted cash flow from operations, subtracting adjusted capex, and exploration expenses, adding other income, and excluding any effects of foreign exchange gains or losses.

	Three months ended			Nine months ended
$'000	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Adjusted cashflow from operations	93,558	73,616(1)		268,988	197,034(1)
Adjusted capex	(40,861)	(52,355)		(150,739)	(134,189)
Exploration expenses(2)	(7,489)	(267)		(9,177)	(4,266)
Other income	5,027	3,386		15,109	10,496(3)
Foreign exchange (gain) loss	39	(218)		(266)	(3,122)
Free cash flow	50,274	24,162(4)		123,915	65,953(4)

(1) Prior year adjusted pre-tax cashflow from operations and adjusted cashflow from operations are revised to align with the current period's presentation
(2) Exploration expenses include exploration expenses in profit and loss and exploration and evaluation assets ("E&E assets").
(3) Prior year Free cash flow is revised to align with the current period's presentation.

Outstanding debt and net cash: are non-IFRS financial measures which do not have a standardised meaning prescribed by IFRS Accounting Standards. These non-IRFS financial measures are provided because management uses the information to a) analyse financial strength and b) manage the capital structure of the Company. These non-IFRS measures are used to ensure capital is managed effectively in order to support the Company's ongoing operations and needs.

$'000	30 September 2026	31 December 2025
Outstanding Debt	-	-
Cash and cash equivalents	369,155	282,739
Restricted cash (Current)	8	8
Restricted cash (Non-current)	15,778	22,991
Cash balance	384,941	305,738
Net cash	384,941	305,738

Net working capital and adjusted net working capital: are non-IFRS financial measures which do not have a standardised meaning prescribed by IFRS Accounting Standards. These non-IFRS financial measures are included because management uses the information to analyse liquidity and financial strength of the Company. Net working capital is calculated by deducting current liabilities from current assets. Adjusted net working capital is calculated by adding back the current leases liabilities and including non-current restricted cash in net working capital.

The leases are associated with operations, such as bareboat contracts for key operating equipment, such as FSOs, FPSOs, MOPU, and warehouses which are included in the Company's disclosed adjusted opex (and adjusted opex guidance). Management believes the adjusted net working capital provides a useful data point to the reader to ascertain the business' next-twelve-months surplus or deficit capital requirement. It is also a data point that management uses for cash management.

$'000	30 September 2026	31 December 2025
Current assets	495,546	382,253
Current liabilities	(166,956)	(180,695)
Net working capital	328,590	201,558
Current lease liabilities	22,145	36,949
Restricted cash (Non-current)	15,778	22,991
Adjusted net working capital	366,513	261,498

Adjusted capex: is a non-IFRS measure which does not have a standardised meaning prescribed by IFRS Accounting Standards. Adjusted capex is defined as the addition in capital expenditure for capital work-in-progress, drilling, brownfield, and other PP&E. Management uses this non-IFRS measure to analyse the capital spending of the Company and assess investments in its assets.

	Three months ended			Nine months ended
$'000	30 September 2026	30 September 2025		30 September 2026	30 September 2025
Capital work-in-progress(1)	18,333	16,258		51,542	26,421
Drilling	15,625	31,647		74,003	88,210
Brownfield	5,784	3,432		17,201	16,284
Other PP&E(2)	1,119	1,018		7,993	3,274
Adjusted Capex	40,861	52,355		150,739	134,189

(1) Capital work-in-progress represents expenditures related to the Wassana redevelopment project incurred prior to the commencement of production.

(2) Other PP&E includes office equipment and spare parts movement during the year.

Advisory and Caution Regarding Forward-Looking Information

Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information in this news release includes, but is not limited to: the potential for a longer life for the G1/48 block; the Company's expectation that FID of the first phase of development at the Bussabong field will build materiality from gas development over time; the Company's cash and credit facility providing the wherewithal for it to pursue inorganic growth; no further PITA or SRB cash tax payments being anticipated in 2026; timing for future drilling campaigns; the potential for the Suraphi discovery to justify a satellite facility development on the G1/48 block; timing to decide between fast-track development or further appraisal on the G1/48 block; timing to complete the administrative steps to close the transfer of 40% non-operated working interest in Blocks G1/65 and B3/65; Valeura's plans to begin development drilling from the CPP at the Wassana field and the expected timing thereof; the expected timing of first production from the Bussabong field; and the potential for the T?rkiye tight gas play to be a significant source of value in the longer term.

Forward-looking information is based on management's current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; future drilling activity on the required/expected timelines; the prospectivity of the Company's lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the ongoing conflicts between the U.S.-Israel and Iran, and between Russia and Ukraine; royalty rates and taxes; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to fund its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company's reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; future debt levels; and the Company's continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company's work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners' plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company's ability to manage growth; the Company's ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the Company's most recent annual information form and the MD&A for a detailed discussion of the risk factors.

Certain forward-looking information in this news release may also constitute "financial outlook" within the meaning of applicable securities legislation. Financial outlook involves statements about Valeura's prospective financial performance or position and is based on and subject to the assumptions and risk factors described above in respect of forward-looking information generally as well as any other specific assumptions and risk factors in relation to such financial outlook noted in this news release. Such assumptions are based on management's assessment of the relevant information currently available, and any financial outlook included in this news release is made as of the date hereof and provided for the purpose of helping readers understand Valeura's current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above or other factors may cause actual results to differ materially from any financial outlook.

The forward-looking information contained in this new release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this new release is expressly qualified by this cautionary statement.

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Copyright 2026 GlobeNewswire, Inc.

PALMA, SPAIN - Media OutReach Newswire - 11 November 2026 - Huawei announced the launch of HUAWEI LUTERRA S2, an all-in-one residential energy system that integrates a hybrid inverter, storage, and AI-powered energy management in one stackable unit. Designed for easy deployment, LUTERRA S2 can be installed and commissioned in minutes.

Available in single-phase (3-10 kW) and three-phase (5- 20 kW) configurations, LUTERRA S2 is the industry's first all-in-one residential energy system built on Huawei's proprietary full-SiC (silicon carbide) architecture, delivering exceptional efficiency, power density, and reliability.

"We are thrilled to introduce HUAWEI LUTERRA S2, our next-generation all-in-one residential energy system," said Steve Zhang, President of Huawei Distributed PV & BESS Business. "By combining full-SiC architecture, AI-driven energy management, and industry-leading safety, LUTERRA S2 is designed to be smaller, lighter, quieter, safer, smarter and more powerful than ever before."

As solar, storage, EV charging, and home energy management continue to converge, homeowners are looking for solutions that go beyond power and capacity to deliver greater intelligence, efficiency, and safety.

To meet these evolving needs, Huawei introduces HUAWEI LUTERRA S2, a breakthrough residential energy system built on three defining pillars: Ultimate Experience, Ultimate Intelligence, and Ultimate Safety.

Ultimate Experience: From Core Technology to Everyday Experience

LUTERRA S2 combines high power density and compact design, delivering 20 kW-class power in a streamlined form factor. Powered by Huawei's proprietary full-SiC architecture and ANPC topology, it achieves up to 99% efficiency. Built-in energy optimizers enable up to 5.0 MWh/kWh of lifetime usable energy and a design lifespan of more than 15 years.

Beyond technical performance, LUTERRA S2 is designed to integrate naturally into modern homes. Its art-inspired design, Red Dot Award-winning hardware, App 3.0, and intelligent breathing light create a seamless blend of technology and lifestyle.

The industry's first 20 kW-class all-natural cooling design eliminates the need for external fans and maintains operating noise below 29 dB.

Ultimate Intelligence: From Automation to Active Decision-Making

Through the AI Energy Management 2.0 platform, LUTERRA S2 brings intelligence to energy planning, operation, and value optimization.

By integrating weather forecasts, electricity prices, household loads, and energy status, the platform intelligently coordinates photovoltaic systems, energy storage, EV charging, heat pumps, and virtual power plants (VPPs). This coordination maximizes the value of every kilowatt-hour generated, stored, and consumed.

For homeowners, the AI Assistant turns complex energy management into simple, conversational interactions, enabling users to make informed energy decisions with ease. For installers, AI 3D modeling simplifies planning and design by identifying roof structures and installation environments. AI-powered diagnostics and remote support further enhance operation and maintenance efficiency.

Ultimate Safety: From Cell-Level Protection to End-to-End Safety

Safety is built into every layer of LUTERRA S2, from battery cells to system-level operations.

Each battery cell incorporates an independent protective isolation structure, supported by Huawei-developed safety components and localized non-propagation design to help contain thermal risks. An intelligent smoke-duct design enables directional pressure relief, smoke evacuation, and cooling, while continuous AC and DC terminal temperature detecting provides proactive detection and protection of critical connections.

LUTERRA S2 has been validated against relevant EU Battery Regulation requirements and complies with key international standards, including IEC 63027 AFCI. It has also undergone T?V Rheinland safety testing, including a cell thermal runaway test, a 20-minute fire test at 1,000C, and a 20% hydrogen explosion test, as well as UL 9540A validation.LUTERRA S2 has received the highest-level Safety Mark certification from T?V Rheinland, backed by the industry's first cell-level thermal insulation design, safety venting design, and full-link terminal over-temperature protection.

Leading the Future of Residential Energy Systems

More than an energy storage system, LUTERRA S2 connects intelligent technology, enhanced quality of life, and sustainable living. Huawei is setting a new benchmark for next-generation residential energy and accelerating the transition toward a smarter, more sustainable future.

More information is available at https://solar.huawei.com/en/products/luterra-s2-xl-xm/

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

Hashtags: #Huawei

Source: HGC Global Communications

HONG KONG SAR - Media OutReach Newswire - 11 November 2026 - HGC Global Communications("HGC" or the "Group"), a Hong Kong-based digital infrastructure, connectivity and ICT solutions provider with international reach, today announced the appointment of Dr Frederic Schepens (Fred) as Chief Executive Officer, effective 1 November 2026.

Fred succeeds Andrew Kwok, who has decided that the time is right to begin the next chapter of his career outside the Group and will support a smooth handover to ensure continuity.

Fred will lead HGC's next phase of growth, overseeing the Group's strategy and operations across its enterprise, consumer, carrier and international businesses. With Hong Kong as its home market, HGC will continue to serve local households and businesses while strengthening the city's role as an international digital hub connecting Asia and the world.

Fred is a seasoned telecoms leader with 30 years of international experience across Europe, Asia, the Middle East and Africa. He founded and led Bayobab, MTN Group's open-access digital infrastructure business. He previously held senior carrier leadership roles at Vodafone and BICS.

Darrin Webb, Executive Vice Chairman of HGC, said, "Fred has built and grown digital infrastructure businesses and knows how to work with customers and partners across markets. That experience is a strong fit for HGC as we expand our businesses and deepen our partnerships in Hong Kong, across Asia and beyond. We are delighted to welcome Fred as CEO. I also want to thank Andrew for his leadership and for the trust he and the team have earned over the years."

Andrew Kwok said, "Leading HGC has been a true privilege. Through years of rapid industry change and challenging market conditions, our talented and dedicated team has shown remarkable resilience, and HGC has evolved and grown stronger as a result. I am deeply grateful to our colleagues, customers and partners for their trust and support. I look forward to continuing to contribute to the industry in a new capacity. Fred brings exceptional international experience across networks, carrier services and digital infrastructure, and I am confident he will lead HGC to even greater success."

Dr Frederic Schepens, Chief Executive Officer of HGC, said, "I am proud to join HGC and build on the expertise of our people and the trust of our customers. My focus is clear: to strengthen our core businesses and bring our connectivity, digital infrastructure and ICT capabilities closer together to help customers operate securely and adopt AI with confidence. We will be ambitious in our thinking and disciplined in our execution. I look forward to working closely with our people, customers and partners to turn these priorities into practical results."

About HGC Global Communications Limited

HGC Global Communications Limited (HGC) is a Hong Kong and international telecommunications operator and ICT solutions provider. The company owns extensive network infrastructure in Hong Kong and overseas, with 19 global offices and a staff presence in 33 cities worldwide. HGC provides telecommunications infrastructure services to other operators, as well as connectivity, ICT solutions and broadband services to enterprises, SMEs and households in local and international markets. HGC owns and operates an extensive fibre-optic network and five cross-border telecommunications routes integrated with tier-one operators in Chinese Mainland, and connects with hundreds of international telecommunications operators.

The company continues to invest in its infrastructure, technologies and services. In 2019, HGC Group acquired Macroview Telecom Limited (Macroview), a digital technology solutions and managed services provider, strengthening the Group's ICT and digital services capabilities. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focused on energy, utilities, transport, social infrastructure, digital infrastructure and environmental infrastructure in North America, Europe, Latin America and Asia.

To learn more, please visit HGC's website at: www.hgc.com.hk

LinkedIn: Linkedin.com/company/hgc-global-communications/

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

Hashtags: #HGC

https://www.hgc.com.hk/

https://hk.linkedin.com/company/hgc-global-communications/

Source: SCG

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 11 November 2026 - SCG outlined its ASEAN industrial competitiveness vision in the "Climbing Up the Value Chain" session at Fortune Southeast Asia 500 Summit 2026.

Thammasak Sethaudom, President and CEO of SCG, called for "a shift from volume-driven growth to value creation through innovation, technology, and productivity improvements." He emphasized AI & Robotics to enhance efficiency and create business opportunities, workforce development, sustainable business under Inclusive Green Growth and supply-chain collaboration among governments, businesses, partners and small and medium-sized enterprises (SMEs), connecting national strengths and helping SMEs access innovation.

For 9M/2026, Adjusted Cash EBITDA reached 57,357 MB, up 19% year on year and exceeding full-year 2025's 55,012 MB. Reported Profit was 20,143 MB. Restructuring, cost management and efficient capital allocation supported these results amid global volatility.

Expecting petrochemical recovery from two-year lows, SCG Chemicals (SCGC) is pursuing four initiatives: 1) managing production, sourcing feedstock and aligning product allocation with customer needs and target market demand amid uncertainty over Middle East conflict, while increasing the share of High Value-Added Products (HVA); 2) accelerating the ethane feedstock enhancement project at Vietnam's Long Son Petrochemicals (LSP) complex, expected to save more than US$250 million annually, with operations expected to resume in Q2/2027 ahead of schedule; 3) managing its investment portfolio through the completed sale of a 14.86% stake in Indonesia's PT Chandra Asri Pacific Tbk. to reduce financial burdens and fund strategic investments; and 4) bringing together the strengths of SCGC's and GC's olefins and polyolefins businesses in Thailand to strengthen the Thai petrochemical industry's global competitiveness. Other initiatives include expanding Low Carbon Cement across ASEAN, a platform serving building materials markets, and ASEAN consumer packaging expansion.

Kulachet Dharachandra, President and Country Director - Vietnam, joined the Ho Chi Minh City Investment Cooperation Forum's "Dialogue between City Leaders and Investors" on "Investment Needs and Potential for Cooperation." He emphasized economic growth, environmental stewardship, resource efficiency and workforce development to strengthen existing investors' confidence, attract investment and grow with Vietnamese businesses.

SCG also received an award recognizing its No. 22 ranking in the 2026 Fortune Southeast Asia 500, marking its third consecutive year on the list. SCG's participation in forums reflects its commitment to building long-term partnerships with businesses across ASEAN and creating lasting shared value.

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

Hashtags: #SCG

BEIJING, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Pada 6 November, BAIC FOTON menggelar acara peluncuran Strategi Pengisian Daya Supercepat di Beijing yang dihadiri oleh jajaran eksekutif perusahaan, mitra industri, pelanggan, dan perwakilan media.

Perusahaan memperkenalkan strategi pengisian daya supercepat terintegrasi serta meluncurkan secara perdana di tingkat global truk ringan AUMARK Z dengan teknologi pengisian daya supercepat dan truk berat dengan teknologi pengisian daya supercepat berkapasitas megawatt, yang memajukan ekosistem "Kendaraan?Pengisi Daya?Jaringan Listrik?Cloud" miliknya.

Pengelolaan Energi Terintegrasi dan Teknologi Pengisian Daya Supercepat

Qin Zhidong, Wakil Presiden BAIC FOTON, menguraikan strategi tersebut dengan menyoroti berbagai peluang dalam layanan pengisian daya, pembangkit listrik virtual, penyewaan baterai, dan penggunaan kembali baterai.

Arsitektur terintegrasi ini menghubungkan kendaraan, stasiun pengisian daya, jaringan listrik, dan platform cloud untuk mendukung pengelolaan energi yang terkoordinasi. Didukung oleh lebih dari 3,5 juta kendaraan yang terhubung, pemrosesan data harian sebesar 3 PB, dan 770.000 terminal pengisian daya, sistem ini memungkinkan operasional berbasis data.

Arsitektur 800 V pada kendaraan ini mampu mendukung tegangan hingga 1.000 V, daya pengisian sebesar 1,5 MW, dan arus hingga 1.600 A melalui konektor ganda. Didukung teknologi manajemen termal, baterainya menawarkan tingkat pengisian daya di atas 4C, efisiensi sebesar 95%, dan masa pakai lebih dari 6.500 siklus.

Dua Model Kendaraan dengan Pengisian Daya Supercepat Debut Secara Global

Ma Lu, Presiden Divisi Bisnis FOTON AUV dan AUMARK, memperkenalkan AUMARK Z, yang diklaim sebagai truk ringan pertama di dunia dengan teknologi pengisian daya supercepat yang dibangun di atas platform khusus kendaraan listrik. Dengan tingkat pengisian daya 8C dan daya puncak 1,05 MW, kendaraan ini dapat mengisi daya baterai dari 20% hingga 80% dalam delapan menit.

Chen Peng, Wakil Presiden Litbang FOTON AUMAN, memperkenalkan truk berat dengan teknologi pengisian daya berkapasitas megawatt yang mencakup seri AUMAN GALAXUS dan CAVAN BEACON. Pengisian daya selama enam menit memungkinkan kendaraan menempuh jarak sekitar 100 kilometer sehingga mendukung operasional logistik ekspres, transportasi rantai dingin, kegiatan pelabuhan, dan pengangkutan kargo curah.

Memperluas Ekosistem Pengisian Daya Supercepat Global

BAIC FOTON tengah mengembangkan stasiun pengisian daya yang terintegrasi dengan sistem tenaga surya dan penyimpanan energi. Stasiun ini memiliki input AC 10 kV dan output DC 1.000 V serta menggabungkan pembangkitan listrik, penyimpanan energi, dan pengelolaan energi.

Bersama CATL, Sunwoda, TELD, dan Hunan Jingneng, BAIC FOTON meluncurkan Aliansi Ekosistem Industri Pengisian Daya Supercepat, dengan target pembangunan 5.000 stasiun pengisian daya terintegrasi yang terstandardisasi.

Dengan memanfaatkan jaringan operasionalnya di lebih dari 140 negara dan wilayah, BAIC FOTON berencana memperluas infrastruktur pengisian daya di Asia Pasifik, Amerika Latin, Afrika, dan Eropa, dengan target lebih dari 3.000 unit pengisian daya di luar negeri pada tahun 2027.

Melalui kolaborasi dalam ekosistem kendaraan, baterai, dan energi, BAIC FOTON bertujuan meningkatkan efisiensi logistik, mengurangi biaya operasional, serta mendukung transportasi komersial yang lebih ramah lingkungan di seluruh dunia.

Copyright 2026 GlobeNewswire, Inc.

Liputan televisi ini menampilkan robot humanoid Unitree G1 bersama teknologi teleoperasi yang melibatkan manusia dan pelatihan AI Vision-Language-Action (VLA). Liputan tersebut juga menyoroti visi YYForce dalam membangun tenaga kerja masa depan yang didukung oleh teknologi

SINGAPURA, Nov. 11, 2026 (GLOBE NEWSWIRE) -- YYForce Inc. (Nasdaq: YFOR) ("YYForce" atau "Perusahaan"), penyedia solusi tenaga kerja teknologi dan layanan pengelolaan fasilitas terpadu berbasis teknologi, hari ini mengumumkan bahwa inisiatif pelatihan robotika humanoid miliknya telah ditampilkan dalam sebuah tayangan televisi khusus yang diproduksi dan disiarkan oleh Mediacorp di Singapura.

Liputan tersebut ditayangkan pada 6 November 2026 dalam program teknologi dan isu terkini Mediacorp 8world, Meeting AI (《遇见AI》), dalam episode berjudul "Bisakah AI Belajar Hanya dalam Satu Sesi?" (《AI-教就会？》).

Tonton tayangan lengkapnya di YouTube: https://youtu.be/QdH6VVlspYI

Dipandu oleh presenter berpengalaman Zhang Haijie, tayangan televisi ini memberikan pemirsa wawasan mendalam mengenai perkembangan teknologi robotika humanoid melalui demonstrasi langsung, serta alur kerja pelatihannya untuk penerapan komersial. Dalam tayangan tersebut, presenter berpartisipasi langsung dalam demonstrasi teleoperasi (pengendalian jarak jauh) robot humanoid Unitree G1. Demonstrasi ini menggunakan perangkat VR yang dikenakan di kepala serta lima sensor pelacak presisi yang dipasang pada kepala, tangan, dan kaki. Sistem ini memetakan gerakan dan kecepatan manusia ke dalam gerakan robot secara langsung secara real time. Selain itu, sistem merekam sudut sendi, posisi kinematik, dan data visual dari kamera untuk menghasilkan set data pelatihan AI fisik dengan fidelitas tinggi.

Alur Kerja Teknis Utama yang Ditampilkan dalam Tayangan:

Demonstrasi Manusia & Pencatatan Data Kinematik: Operator manusia memperagakan tugas fisik standar secara berulang untuk merekam aktivitas pergerakan sendi dan feed visual tanpa memerlukan pelabelan koordinat secara manual.

Pembersihan & Penyaringan Data: Data lintasan gerakan dan aliran data sensor yang telah direkam diseleksi dan disaring untuk menghilangkan anomali dalam pelaksanaan tugas serta sampel hasil percobaan yang kurang optimal.

Pelatihan Vision-Language-Action (VLA): Seperti yang ditunjukkan dalam tayangan, proses melatih robot humanoid agar mampu mengenali, menggenggam, dan memindahkan cangkir secara mandiri memerlukan 40 kali demonstrasi oleh manusia dan pembersihan data. Proses ini lalu dilanjutkan dengan pelatihan jaringan neural menggunakan model VLA canggih selama sekitar delapan jam hingga robot mampu menjalankan tugas tersebut secara mandiri.

Tayangan tersebut menggambarkan kenyataan di balik kecerdasan buatan terwujud. Agar robot layanan dapat beroperasi secara efektif dan aman di lingkungan komersial nyata yang tidak terstruktur, prosesnya harus dimulai dengan pembelajaran terstruktur dari para pekerja manusia di lini depan.

Menghadirkan Robotika dalam Lingkungan Layanan Nyata

YYForce mengembangkan strategi robotikanya dengan berfokus pada penerapan komersial yang praktis, bukan sekadar demonstrasi teknologi robotika. Perusahaan tengah menjajaki penerapan robot humanoid dan robot khusus di berbagai bidang, termasuk perhotelan, pengelolaan fasilitas terpadu, layanan kebersihan komersial, pengantaran, keamanan, serta lingkungan layanan lainnya yang padat karya.

Inisiatif robotika YYForce mencakup pelatihan robot humanoid dan pengumpulan data untuk berbagai tugas, seperti pembersihan kamar hotel dan toilet serta penerapan dalam layanan perhotelan. Selain itu, inisiatif ini juga mencakup robot komersial khusus yang dirancang untuk menjalankan tugas pembersihan, pengantaran, dan fungsi operasional lainnya.

Perusahaan meyakini bahwa perpaduan tenaga kerja manusia dengan sistem berbasis AI dan teknologi robotika dapat menciptakan model baru dalam penempatan tenaga kerja. Dalam model ini, teknologi membantu menangani tugas-tugas yang berulang, terstandardisasi, dan menuntut kemampuan fisik. Sementara itu, pekerja manusia berfokus pada aktivitas yang memerlukan komunikasi, pertimbangan, dan interaksi dengan pelanggan.

Membangun Infrastruktur untuk Kolaborasi Manusia dan Robot

YYForce tengah mengembangkan berbagai kemampuan yang bertujuan mendukung adopsi teknologi robotika secara lebih luas dalam lingkungan layanan di dunia nyata. Di Singapura, Perusahaan telah membangun fasilitas demonstrasi dan pelatihan robotika yang memungkinkan robot humanoid dan robot layanan khusus untuk diperkenalkan, dilatih, dan dievaluasi dalam berbagai skenario operasional.

Inisiatif ini bertujuan membantu YYForce memahami bagaimana teknologi robotika dapat diintegrasikan ke dalam operasional tenaga kerja dan pengelolaan fasilitas yang sudah ada. Selain itu, inisiatif ini juga bertujuan mengembangkan keterampilan dan proses operasional yang diperlukan untuk penerapannya di masa mendatang.

Komentar Manajemen

Mike Fu, Chief Executive Officer YYForce, mengatakan:

"Ditampilkan dalam tayangan Mediacorp memberikan kesempatan bagi kami untuk menunjukkan kepada khalayak yang lebih luas betapa pesatnya perkembangan teknologi robotika, dari tahap konsep menuju penerapan praktis. Tayangan tersebut menunjukkan kenyataan di balik AI fisik: agar robot dapat beroperasi secara andal di lingkungan komersial, robot harus terlebih dahulu belajar langsung dari pengalaman manusia."

"Visi kami bukanlah menggantikan manusia dengan robot. Kami tengah mengembangkan model operasional yang memungkinkan manusia, AI, robot humanoid, dan robot layanan khusus bekerja sama, dengan masing-masing menjalankan fungsi yang dapat memberikan nilai manfaat terbesar."

"Bidang perhotelan dan pengelolaan fasilitas menyediakan lingkungan yang praktis untuk mengembangkan kemampuan ini karena mencakup beragam tugas yang berulang, membutuhkan aktivitas fisik, dan berorientasi pada layanan. Metode pelatihan berbasis praktik langsung ini merupakan komponen penting dalam Visi YYForce 2030 kami, yang terus mendorong kami untuk Melangkah Maju Bersama (Forging Forward Together) menuju masa depan dunia kerja."

Dari Penyedia Tenaga Kerja Menuju Platform Solusi Tenaga Kerja Masa Depan

Tayangan Mediacorp tersebut mencerminkan transformasi YYForce yang lebih luas, dari bisnis layanan tenaga kerja dan fasilitas tradisional menuju platform solusi tenaga kerja masa depan berbasis teknologi.

Melalui Visi YYForce 2030, Perusahaan tengah mengembangkan ekosistem yang menyatukan:

Tenaga kerja manusia dan kemampuan penyediaan tenaga kerja sesuai permintaan;

Kecerdasan buatan dan teknologi tenaga kerja;

Robot humanoid dan robotika layanan khusus;

Pelatihan robotika, pengumpulan data, dan penerapan robot dalam kegiatan operasional;

IoT, sensor, dan teknologi bangunan pintar; serta

Platform pengelolaan fasilitas terpadu 24iFM milik YYForce.

Tujuan jangka panjangnya adalah memungkinkan tenaga kerja manusia, AI, dan teknologi robotika bekerja sama dalam ekosistem penyediaan layanan yang saling terhubung.

Tentang YYForce Inc.

YYForce Inc. (Nasdaq: YFOR) adalah perusahaan penyedia solusi tenaga kerja dan layanan pengelolaan fasilitas terpadu berbasis teknologi. Perusahaan tengah mengembangkan ekosistem tenaga kerja masa depan yang memadukan sumber daya manusia, kecerdasan buatan, robot humanoid dan robot layanan, teknologi IoT, serta platform pengelolaan fasilitas digital.

Melalui operasional tenaga kerja, kemampuan pengelolaan fasilitas terpadu, platform 24iFM, dan inisiatif robotika yang sedang dikembangkan, YYForce berupaya mendukung transisi menuju penyediaan layanan berbasis teknologi yang mengedepankan kolaborasi antara manusia dan mesin.

Untuk informasi lebih lanjut, kunjungi www.yyforce.ai.

Pernyataan Berwawasan ke Depan

Siaran pers ini memuat pernyataan berwawasan ke depan sebagaimana dimaksud dalam Pasal 27A Undang-Undang Sekuritas Tahun 1933, sebagaimana telah diubah, dan Pasal 21E Undang-Undang Perdagangan Sekuritas Tahun 1934, sebagaimana telah diubah. Pernyataan-pernyataan ini didasarkan pada ekspektasi dan asumsi Perusahaan saat ini, serta informasi yang tersedia bagi Perusahaan per tanggal rilis siaran pers ini. Pernyataan berwawasan ke depan dapat dikenali melalui penggunaan kata-kata seperti "mungkin", "akan", "seharusnya", "memperkirakan", "mengantisipasi", "merencanakan", "bermaksud", "meyakini", "mengestimasi", "potensi", atau ungkapan serupa, maupun bentuk negatif dari istilah-istilah tersebut.

Pernyataan berwawasan ke depan dalam siaran pers ini termasuk, tetapi tidak terbatas pada, strategi dan Visi 2030 YYForce, pengembangan, pelatihan, integrasi, serta adopsi komersial solusi AI dan robotikanya, termasuk robot humanoid, kolaborasi manusia dan robot, permintaan pelanggan, prioritas investasi, serta tujuan operasional.

Pernyataan berwawasan ke depan mengandung risiko dan ketidakpastian yang melekat, dan peristiwa mendatang yang dibahas dalam siaran pers ini mungkin tidak terjadi. Peristiwa dan hasil aktual dapat berbeda secara signifikan serta bergantung pada risiko, ketidakpastian, dan asumsi terkait Perusahaan dan sejumlah faktor lainnya.

Untuk pembahasan lebih terperinci mengenai faktor-faktor risiko, silakan merujuk pada dokumen yang diserahkan Perusahaan kepada Komisi Sekuritas dan Bursa AS (SEC), termasuk bagian "Risk Factors" (Faktor Risiko) dalam laporan tahunan terbaru Perusahaan pada Formulir 20-F, sebagaimana diubah. YYForce tidak berkewajiban untuk memperbarui pernyataan ini kecuali sebagaimana diwajibkan oleh hukum yang berlaku.

Informasi yang terdapat dalam atau dapat diakses melalui tayangan Mediacorp maupun situs web apa pun yang disebut dalam siaran pers ini tidak disertakan dan tidak menjadi bagian dari siaran pers ini.

Copyright 2026 GlobeNewswire, Inc.

YIBIN, China, Nov. 10, 2026 (GLOBE NEWSWIRE) -- KAIYI Auto is currently hosting X7 Hybrid test-drive events worldwide. In South America, a fleet of X7 Hybrids in Bolivia will travel from Santa Cruz to La Paz from November 9 to 14, crossing the Andean highlands and covering 1,075 km.

In the Middle East, Eastern Europe and Southeast Asia, dealers are working with automotive influencers on urban roads, intercity highways and mountain routes with a full load. These activities reflect the X7 Hybrid's strengths in hybrid power, range, driving dynamics, and active and passive safety.

Comprehensive Active Safety for Everyday Driving

The X7 Hybrid integrates 12 active-safety systems. Adaptive Cruise Control (ACC) maintains a following distance and can bring the vehicle to a stop behind the vehicle ahead; if traffic stops briefly-up to three seconds-it can resume automatically with traffic, helping reduce pedal fatigue. If a frontal collision risk is detected, Autonomous Emergency Braking (AEB) applies braking to help avoid or mitigate a rear-end collision.

For lane changes and merging, Blind Spot Detection (BSD) and Lane Change Assist (LCA) monitor traffic to the side and rear. A 540? surround-view camera activates automatically during parking to reduce blind spots, while Safe Exit Assist (SEA) alerts occupants to approaching vehicles and cyclists. Lane Departure Warning (LDW), Forward Collision Warning (FCW) and Rear Collision Warning (RCW) provide alerts for lane departure, forward collision risk and rear collision risk. These systems provide early warnings and timely intervention at critical moments.

Reinforced Safety for Occupant Protection

The X7 Hybrid features an integrated cage-style body structure. Hot-formed steel is used in areas, including the A/B pillars, sills and mid-floor crossmembers, while high-strength steel accounts for 65% of the body structure. The roof can withstand approximately three times the vehicle's weight, and key structures around the cabin are reinforced. Complementing this protection, the vehicle features six airbags with a response time of 0.03 seconds. These help cushion occupants in collisions, enhancing occupant protection.

Validated in Real-World Driving Conditions

For KAIYI, safety is never just about adding features-it is a responsibility to every user and every journey. From integrated active and passive protection to real-world validation, the X7 Hybrid embeds user-centric safety into every detail, helping customers set out confidently and arrive safely-whether on highland long-distance drives, urban commutes or family trips.

Source: Yiwu Information Office

As a key supporting event under the framework of the Forum on China-Africa Cooperation (FOCAC), the gathering drew statesmen, diplomats and hundreds of Chinese and foreign business participants.

Building on eight years of accumulated progress and over 140 signed projects, the forum keeps focusing on delivering outcomes from the FOCAC Beijing Summit and aligning with the 10 partnership action plans.

Once again, it shined the global spotlight on Yiwu - a city with no seacoast nor border access, yet a pivotal hub for people-to-people China-Africa trade.

Inside the Yiwu International Expo Center, a three-day China-Africa trade exhibition opened ahead of the forum. Within its 10 000-square-metre hall sit 400 well-arranged booths, bringing together 186 enterprises from 15 countries.

Import-zone shelves are stocked with Ethiopian coffee, Ghanaian shea butter and Zimbabwean handicrafts. Meanwhile, a wide array of Chinese-made goods for household use, stationery, cultural-creative products and beauty cosmetics are ready to reach households across Africa.

More than two decades ago, Chinese and African merchants had to travel far and wide to source goods and secure buyers. Today, complete warehousing, customs-declaration and cross-border logistics allow exhibits to move straight from booths onto ocean-going vessels, closing the full loop from display to delivery.

Transformations extend well beyond exhibition halls.

Twenty years ago, most African traders in Yiwu acted purely as purchasers: they would fill shipping containers with selected goods and ship them back home.

On May 1 this year, China implemented zero-tariff treatment for 53 African diplomatic partners, further reshaping Sami's business landscape. Trade is no longer a one-way "sell-out" model. Seizing this policy dividend, he began importing local Ugandan specialties such as coffee beans and chili peppers into China. Via Yiwu's hub, these goods are then distributed to broader markets aboard the China-Europe Yiwu-Xinjiang-Europe Railway Express.

"Zero tariffs give young Africans direct access to the Chinese market and make two-way trade far more actionable," Ugandan businessman Sami said, hoping more African traders will leverage Yiwu as a platform to bring African products to the wider world.

Like Sami, many entrepreneurs from diverse African nations regard Yiwu as their second home and serve as living, human-scale bridges connecting the two continents.

Official statistics bear witness to this shift. Between January and September 2026, Yiwu's exports to Africa reached 135.903 billion yuan, marking a year-on-year rise of 30.18 percent.

Historically, China-Africa trade largely featured Chinese goods flowing one-way toward Africa. Today trade chains are evolving into two-way pathways. African coffee, honey and avocados are finding growing room in China's consumer market. At the same time, Chinese enterprises are no longer content with merely delivering cargo to African ports.

Many firms are pushing supply-chain operations deeper into African local contexts. Local Yiwu-based supply-chain operators have set-up exhibition halls and 15 000-square-metre overseas warehouses in Senegal.

Conventional export business often concluded once goods departed Chinese ports. Now, end-to-end services including bulk procurement, overseas warehousing, local distribution and brand internationalisation travel alongside merchandise into Africa.

To date, Yiwu has established 28 overseas warehouses across 12 African countries. Together with offshore sub-markets and national-buyer service centers, a network spanning procurement, warehousing and distribution is taking shape, bridging Chinese supply capacity and African consumer demand.

In Yiwu, China-Africa cooperation finds tangible expression in shipping containers, grassroots commercial orders and ordinary people's pursuit of success.

Though land-locked, Yiwu links countless towns across the African continent. The Chinese city bears witness to China-Africa trade advancing past simple commodity transactions, entering a new era of co-built supply chains, mutual market access and people-to-people cultural bonds.

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

Nearly a mile underground in South Dakota, scientists are building a world-leading experiment to study neutrinos and investigate some of the universe's greatest mysteries, including how the universe took shape after the Big Bang and if neutrinos are the reason our world is predominantly made of matter. Currently, crews from Fermilab, CERN and SURF are assembling large steel beams to form the outer structure of the neutrino experiment's massive detector modules.

Batavia, Illinois, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Installation crews with the U.S. Department of Energy's (DOE) Fermi National Accelerator Laboratory (Fermilab) and CERN, the European Organization for Particle Physics, are working alongside the Sanford Underground Research Facility (SURF) to begin building massive cryostats, giant insulated containers designed to hold liquid argon at an extremely cold temperature, for the leading-edge Deep Underground Neutrino Experiment (DUNE).

The work is happening nearly a mile underground at SURF in Lead, South Dakota, where thousands of red steel beams were meticulously transported, one by one, from the surface down to the assembly area. Once installed, the beams will form the outer structures of the experiment's two detector module cryostats. Each will house approximately 17,000 tons of liquid argon maintained at approximately minus 300 degrees Fahrenheit.

"DUNE is Fermilab's top priority," said Norbert Holtkamp, director of Fermilab. "The entire organization is thrilled to see this work begin. Once underway, DUNE has the potential to help us broaden our fundamental understanding of our universe, as well as potentially open the door to new technological advances."

Once operational, Fermilab will send a beam of neutrinos 800 miles (1,300 kilometers) through Earth to DUNE's liquid-argon detectors in South Dakota. A second detector near the neutrino beam source at Fermilab will measure the particles before they begin their journey. Together, the facilities at Fermilab and the underground site in South Dakota form the Long-Baseline Neutrino Facility.

DUNE is an international collaboration of over 1,500 researchers hosted by Fermilab, including five DOE Office of Science Laboratories. The more than 6,200 tons of steel being used on the cryostat modules are an in-kind contribution from CERN. CERN is leading the design, construction planning, logistics and installation of DUNE's massive cryostats, working with a Minnesota-based structural steel contractor to assemble the structures deep underground in South Dakota.

"We have been lucky to see several milestones occur recently, such as the arrival of steel for both cryostats in Rapid City from Houston, to the celebration earlier this year marking the start of steel being lowered underground in Lead," said Jolie Macier, project manager for the far detectors and cryogenics of DUNE. "This brings us one step closer to science."

The DUNE experiment marks the first time CERN has made such significant contributions to an experiment happening outside of Europe.

 "Collaboration is in CERN's DNA, and our contribution to DUNE is a brilliant example of cross-organizational partnership," said Mark Thomson, director general of CERN. "After years of planning and careful coordination, I am thrilled to see that we are ready to start installation."

CERN is a leader in particle physics technologies, including the design of the unique cryostats for DUNE. Using its Neutrino Platform facility, CERN developed and built the ProtoDUNE detector, the first prototype of the two detector technologies that will be used in the DUNE far detector modules.

"The work that has been done is a full contribution of CERN's expertise," said Llu?s Miralles, Neutrino Platform principal project engineer at CERN. "Not only did we contribute our technical know-how, but also the project management capabilities of the organization. CERN demonstrates here how, by design, we have in-house competencies to address requirements and challenges at all levels of the project."   

Each cryostat measures 216 feet long (65.8 meters), 62 feet wide (18.9 meters) and 60 feet high (18.3 meters). To illustrate the enormous size of the cryostats, each one is longer than a Boeing 747 airplane, and each one will stand a full story taller than the iconic Hollywood sign in Los Angeles.

"SURF is proud to support this world-class research 4,850 feet (1,478 meters) below ground level. This massive experiment is slated to run into the late 2040s, with the potential to impact science for generations. In the process, it's creating a home for some of the best and brightest scientific minds in the world and a range of high-paying jobs right here in the Black Hills," said Mike Headley, SURF laboratory director and executive director of the South Dakota Science and Technology Authority.

A total of 2,600 red steel beams will be used to build DUNE's two cryostat modules. SURF is responsible for shaft operations and logistics, ensuring that each of these steel beams - and other necessary installation equipment - is safely transported underground to the work site.

In addition to the installation work underway in the South Cavern, SURF crews have begun lowering steel components for the second cryostat into the North Cavern, where assembly is expected to begin next year.

"This marks an incredible milestone for the collaboration and reflects the cross-continental partnerships between CERN, Fermilab, and SURF that are essential to realizing this project," said Sowjanya Gollapinni, co-spokesperson for DUNE. "This synergy is at the core of how big international collaborations work. We are thrilled to take this major step forward as we move closer to the transformative science that DUNE will deliver."

The underground space of DUNE is planned to be completed by 2029, and the detector apparatus in 2030. From that date, a 1,500-strong worldwide team of researchers will begin probing the laws of nature more deeply than ever before, observing particles from the Sun and outer space. Using Fermilab's PIP-II accelerator upgrade, the terrestrial neutrino beam is expected to be sent to the underground detectors in South Dakota by 2031, enabling DUNE's long-term scientific program.

Fermi National Accelerator Laboratory is America's national laboratory for particle physics and accelerator research. Fermi Forward Discovery Group manages Fermilab for the U.S. Department of Energy Office of Science. Visit Fermilab's website at www.fnal.gov and follow us on social media.

Copyright 2026 GlobeNewswire, Inc.

Source: VinFast

MANILA, PHILIPPINES - Media OutReach Newswire - VinFast officially launches the All-New VF 8 and announces its pricing in the Philippines. With comprehensive upgrades to its design, technology and driving dynamics, the all-electric D-segment SUV is an ideal choice for Filipino families seeking an enhanced driving experience and customers making the switch to electric vehicles.

In the Philippines, the all-electric D-segment SUV has a list price of PHP 1,548,000 with a battery subscription and PHP 1,799,000 with the battery included. The first customer deliveries are expected to begin in November 2026.

The All-New VF 8 is developed to combine the comfort and convenience of a family SUV with the technology and performance of an electric vehicle. Comprehensive upgrades span its design, chassis, electrical and electronic architecture, and vehicle systems, reflecting VinFast's investment in research and development to deliver a smoother, more responsive and more comfortable driving experience.

Guided by the "Tech Fluid" design philosophy, the vehicle features a modern, dynamic exterior with a focus on everyday practicality. Measuring 4,701 mm in length, 1,872 mm in width and 1,670 mm in height, with a wheelbase of 2,840 mm, the five-seat SUV provides space for family travel. Its 170 mm ground clearance and 19-inch wheels support driving across varied road conditions.

The cabin features an intuitive layout that puts key controls within easy reach. A 12.9-inch central infotainment display integrates the vehicle's main functions, complemented by a display behind the steering wheel that provides essential driving information. A steering-column-mounted gear selector simplifies operation for added convenience in everyday use.

The All-New VF 8 is powered by an electric motor delivering a maximum output of 170 kW and peak torque of 330 Nm, paired with front-wheel drive and three driving modes: Eco, Normal and Sport. Its 60.13 kWh battery provides a range of 480 km on a full charge under the NEDC standard. The vehicle supports super-fast charging from 10% to 70% in under 30 minutes, allowing drivers to fit charging stops into their travel plans.

VinFast offers customers the choice of purchasing the vehicle with the battery included or opting for a battery subscription to suit their needs and financial plans. The All-New VF 8 comes with a vehicle warranty of seven years or 160,000 km and a high-voltage battery warranty of 10 years or 200,000 km, whichever comes first in each case.

Mr. Antonio "Toti" Zara III, CEO of VinFast Philippines, said: "The launch of the All-New VF 8 marks another milestone in VinFast's long-term commitment to the Philippines and our vision for the future of electric mobility. Comprehensive improvements to its design, driving dynamics and technology reflect our continued investment in research and development to deliver a smoother, more comfortable and more intelligent driving experience. We believe the All-New VF 8 will strengthen VinFast's premium electric vehicle lineup in the Philippines, offering a compelling choice that meets the increasingly diverse mobility needs of Filipino consumers."

The selection of the Philippines as the first international market to launch the All-New VF 8 further highlights the country's role in VinFast's product expansion. Alongside its increasingly diverse electric vehicle lineup, the company is developing its dealership network, aftersales services and charging infrastructure with the support of V-Green and local partners. By combining its products with comprehensive ownership support, VinFast aims to meet real-world mobility needs and help Filipino families make the switch to electric vehicles with greater convenience and confidence.

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

Hashtags: #VinFast

*New program helps AI-native startups build and scale with Zoom's industry-leading speech, language, and voice AI Services, no equity stake required; applications open today

SAN JOSE, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ: ZM) today announced AI Launchpad, a new grant program offering eligible startups up to $150,000 in Zoom AI Services credits to build and scale next-gen AI-native applications - completely equity-free.

Removing the costly barrier posed by multi-vendor APIs, the program provides founders with access to the AI technology used in Zoom's own products, plus technical support to accelerate go-to-market growth.

"AI startups should spend time solving real problems, not stitching together infrastructure," said X.D. Huang, chief technology officer at Zoom. "AI Launchpad gives founders the same industry-leading AI technology that powers our own products, plus resources to move faster and focus their engineering talent where it matters most."

Building AI-powered products often forces startups to stitch together a patchwork of expensive third-party providers for speech, language, and decision-making. AI Launchpad helps eliminate this hurdle by providing a unified platform, so developers can spend more time building their products and less time managing the technology behind them.

The program builds on Zoom AI Services, which delivers Zoom's AI capabilities to developers through standalone APIs. These services span speech recognition, summarization, translation, voice AI, and decision intelligence, so developers can build applications that better understand conversations, generate responses, and take action. AI Launchpad extends Zoom's investment in AI infrastructure to emerging companies developing new products across industries.

Helping startups build with Zoom AI Services

AI Launchpad gives startups access to Zoom AI Services, a platform that brings speech, language, and decision-making capabilities together without requiring developers to build and manage each component themselves.

Startups can use Zoom's APIs to develop a range of AI-powered products, including:

Voice AI and customer service agents that understand spoken requests, generate natural responses, and support customer interactions.

Conversation intelligence applications that transcribe and summarize calls, meetings, and other audio to surface useful information and support follow-up workflows.

Multilingual experiences that use translation and speech capabilities to help people communicate across languages.

AI-powered workflows that use the Decisions API to analyze information, classify requests, and help determine the next action.

The program offers three tiers based on a startup's stage, technical needs, and eligibility:

TIER	API CREDITS	BENEFITS
Launch	$5,000	Community resources Technical office hours
Scale	$50,000	Engineering support Co-marketing opportunities
Propel	$150,000	Advanced technical guidance Early feature access Go-to-market collaboration

 

Credits are available for up to 12 months. Participating startups may also receive engineering guidance, opportunities to showcase their products through Zoom's developer channels, and introductions to potential enterprise customers.

Applications now open

AI Launchpad is designed for startups developing software products with speech, language, or conversational AI at their core. Applicants will be evaluated based on their product, team, technical approach, traction, and plans to build with Zoom AI Services.

Applications will be reviewed on a rolling basis, with a limited number of startups accepted into the program.

To learn more about AI Launchpad and apply, visit https://zoom.ai/ai-launchpad.

About Zoom

Zoom (NASDAQ:ZM) is a system of action for modern work, turning live collaboration into completed results. From entrepreneurs to global enterprises, customers choose Zoom to seamlessly collaborate, communicate, and drive outcomes across meetings, phone, contact center, and more - all with the built-in assistance of Zoom AI. Founded in 2011, Zoom is headquartered in San Jose, CA. For more information, visit zoom.com.

Copyright 2026 GlobeNewswire, Inc.

NEW YORK, Nov. 10, 2026 (GLOBE NEWSWIRE) -- KraneShares today announced that the private investments held by the KraneShares Public-Private AI & Technology ETF (Ticker: AGIX), including Anthropic, have contributed meaningfully to the fund's performance since launch. AGIX became the first ETF to invest directly in Anthropic in February 2025, at a $61.5 billion valuation.?

Since AGIX's inception on 7/17/2024 through 10/31/2026, AGIX has returned +70.13% versus the Nasdaq-100 Index's return of +45.64%.2 AGIX's private exposure contributed +11.92 percentage points to its total return.2 Overall, AGIX outperformed a widely recognized technology benchmark by +24.49 percentage points.2

This update comes as Anthropic, maker of Claude, moves toward the public markets after filing with the US Securities and Exchange Commission on Oct. 26 to list on Nasdaq under the ticker symbol "ANT."3

"Anthropic showed what's possible when a fund like AGIX can get onto the cap table of a category-defining AI company early, and our goal is to keep finding the next opportunities like it," said Derek Yan, CFA, Senior Investment Strategist at KraneShares. "Since that investment, we've continued to build out AGIX's private holdings across robotics, photonics, autonomy, and AI-native platforms. The public core is designed to do the heavy lifting on day-to-day risk, while our private allocation gives us room to be selective and add companies we believe could become the next major value drivers in the AI cycle."

"The AI cycle is creating value in both public and private markets, and some of the most important innovation is happening at companies that haven't gone public yet," said James Maund, KraneShares Head of Capital Markets and Portfolio Manager of AGIX. "We built AGIX so investors wouldn't have to choose between the two. Pairing a public AI core with direct stakes in leaders like Anthropic gives investors a way to participate in this shift as it unfolds, not just after these companies reach the public markets."

Building on AGIX's Anthropic investment, it has continued to add direct stakes in private companies across the AI landscape and today holds positions in General Intuition, Ayar Labs, Standard Bots, Apptronik, Nuro, and Polymarket.

For more information on the KraneShares Public-Private AI & Technology ETF (Ticker: AGIX), top 10 holdings, and its innovative structure, please visit our AI ETF AGIX overview page.

About KraneShares

KraneShares delivers research-driven, high-conviction strategies connecting investors to the world's most powerful growth themes. From emerging technologies, China's dynamic capital markets, carbon credits, alternatives, and income, the firm offers differentiated exposures designed to capture the megatrends reshaping the global economy.

Holdings are subject to change.

For AGIX top 10 holdings, risks, standard performance, and other fund information, please click here.

Citations:

Data from Bloomberg and KraneShares as of 10/27/2026.

Data from Bloomberg as of 10/31/2026.

The Wall Street Journal, Anthropic Unveils Paperwork for Blockbuster IPO, October 26, 2026.

Carefully consider the Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds' full and summary prospectus, which may be obtained by visiting www.kraneshares.com. Read the prospectus carefully before investing.

Risk Disclosures:

Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

AGIX may invest in derivatives, which are often more volatile than other investments and may magnify AGIX's gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary risk of derivatives is that changes in the asset's market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. AGIX is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause AGIX to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative.

AI-exposed companies face profitability challenges due to high research costs, competition, IP reliance, and regulatory risk. Product failures or safety concerns could be detrimental. Identifying AI companies accurately is complex. Tech firms face risks of product failure, obsolescence, regulatory impact, and uncertain profitability due to technological advancements and government policies.

Certain tech investments may lack current profitability and future success is uncertain. AGIX is subject to non-U.S. issuers risk, which may be less liquid than investments in U.S. issuers, may have less governmental regulation and oversight, are typically subject to different investor protection standards than U.S. issuers, and the economic instability of the non-U.S. countries. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values. AGIX may invest in Initial Public Offerings (IPOs).

Securities issued in IPOs have no trading history, and information about the companies may be available for very limited periods. In addition, the prices of securities sold in IPOs may be highly volatile. In addition, as AGIX increases in size, the impact of IPOs on AGIX's performance will generally decrease.

Large capitalization companies may struggle to adapt fast, impacting their growth compared to smaller firms, especially in expansive times. This could result in lower stock returns than investing in smaller and mid-sized companies. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. AGIX is new and does not yet have a significant number of shares outstanding.

If AGIX does not grow in size, it will be at greater risk than larger funds of wider bid-ask spreads for its shares, trading at a greater premium or discount to NAV, liquidation and/or a trading halt. AGIX may invest in privately-issued and private company securities, which are generally not registered, may carry resale restrictions, and often lack active markets.

These investments can be less liquid, harder to value, and subject to larger price swings, which may result in delays or higher costs when buying or selling. Private companies may have limited operating histories, smaller or less established businesses, fewer financial resources, and less available information. They may be more vulnerable to competition, market conditions, or economic downturns. A liquid market for their securities may never develop, and IPOs, if they occur, can be volatile and may negatively affect AGIX's investment.

Narrowly focused investments typically exhibit higher volatility. AGIX's assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, AGIX is subject to loss due to adverse occurrences that affect that concentration. A large number of shares of AGIX are held by a single shareholder or a small group of shareholders. Redemptions from these shareholders can harm Fund performance, especially in declining markets, leading to forced sales at disadvantageous prices, increased costs, and adverse tax effects for remaining shareholders. AGIX is non-diversified.

ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. However, shares may be redeemed at NAV directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer ("NBBO") as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.

The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Funds, or any sub-advisers for the Funds.

Copyright 2026 GlobeNewswire, Inc.

Now available to order in Europe, the Metabolon Verus Metabolomics Profiling Kit delivers results in just five days, with human and rodent blood sample types and proven reproducibility across eight independent laboratories

MORRISVILLE, N.C., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Metabolon, Inc., the global leader in metabolomics solutions advancing life sciences research, diagnostics, therapeutics, and precision medicine, today announced that the Metabolon Verus Metabolomics Profiling Kit is now available to order in Europe in addition to the US, with expanded validation beyond the previously supported human plasma, serum, and urine matrices to now include rodent plasma and serum.

The expanded sample-matrix validation broadens the kit's utility for both human and non-human research applications. Additional validation against reference datasets demonstrated accuracy and precision in metabolite identification and quantification across the newly supported matrices, providing researchers with greater confidence in metabolomics results generated from different sample types. Together with the kit's established workflow, these capabilities enable laboratories worldwide to investigate biochemical changes across a wider range of experimental designs, biological models, and sample-collection protocols.

"The real value of the Metabolon Verus Kit is the ability to scale metabolomics without necessarily expanding the team. For core facilities like ours, analyzing hundreds of samples efficiently while maintaining high-quality, consistent data and minimizing batch effects is critical. The standardized workflow and streamlined data processing help reduce turnaround time, allowing us to spend less time processing data and more time interpreting the biological findings. Ultimately, this enables us to support larger studies and deliver meaningful insights to our collaborators faster," said Hardik Shah, Metabolomics Platform Director at the University of Chicago Comprehensive Cancer Center.

The Metabolon Verus? Metabolomics Profiling Kit delivers results in five days via integrated sample preparation, automated metabolite annotation, and access to Metabolon's Integrated Bioinformatics Platform. By combining a standardized laboratory workflow with Metabolon's data-processing infrastructure and scientific expertise, the kit enables researchers to establish and scale metabolomics capabilities within their own laboratories while maintaining access to the resources needed for consistent, reproducible results. A reference library covering more than 1,500 metabolites across 100 biochemical sub-pathways supports diverse research applications, while built-in quality controls help ensure data consistency and simplify downstream analysis.

European availability builds on Metabolon's Early Access Program, which involved 10 laboratories across five countries. Participants applied the kit to research spanning microbiome biology, stem cell transplantation, and neurological and pulmonary conditions. Their feedback helped refine training, implementation, and customer support for broader international adoption. An international ring trial across eight independent laboratories further demonstrated the kit's reproducibility, identifying an average of 735 metabolites across 90 biochemical pathways per human plasma sample set, with 89% metabolite overlap between sites. Metabolite abundances correlated strongly with expert-curated reference datasets (median coefficient of 0.91), while fed-versus-fasted biological findings remained consistent across laboratories.

"European availability of the Metabolon Verus Metabolomics Profiling Kit, together with expanded support for rodent plasma and serum, represents an important step in making high-quality metabolomics more accessible to researchers worldwide," said Ro Hastie, CEO of Metabolon. "By broadening the range of validated sample types while giving laboratories greater control over study execution, we are enabling researchers to apply metabolomics across a range of human and non-human studies. These advancements make it easier for organizations to bring metabolomics in-house and incorporate biochemical insights into their broader multiomics research programs."

With US and now European availability, expanded sample-matrix support, and demonstrated interlaboratory reproducibility, the kit makes high-quality, in-house metabolomics more accessible for preclinical, translational, and multiomics research.

The Metabolon Verus Metabolomics Profiling Kit is now available to order in Europe in addition to the US. To learn more or place an order, visit www.metabolon.com/metabolon-verus-metabolomics-profiling-kit/.

About Metabolomics

Metabolomics, the large-scale study of all small molecules in a biological system, is the only omics technology that provides a complete, current-state functional readout of that system. Metabolomics helps researchers see beyond individual genetic variation, capturing the combined impact of genetic and external factors, such as drugs, diet, lifestyle, and the microbiome, on human health.​

By measuring thousands of discrete chemical signals that form biological pathways in the body, metabolomics can reveal important biomarkers, enabling a better understanding of a drug's mechanism of action, pharmacodynamics, and safety profile, as well as individual responses to therapy. ​Metabolomics anchors multiomic discovery in biological function, helping organizations reduce uncertainty and make more confident scientific and business decisions.

About Metabolon

Metabolon, Inc. is the global leader in metabolomics, with a mission to deliver biochemical data and insights that expand and accelerate the impact of life sciences research and complement other 'omics' technologies. With more than 25 years of metabolomics leadership, 15,000+ projects, 4,000+ publications, and ISO 9001:2015, CLIA, and CAP certifications, Metabolon has developed industry-leading scientific, technological, and bioinformatics techniques. Metabolon's Global Discovery Panel is powered by the world's largest proprietary metabolomics reference library, while Metabolon's expanding portfolio of solutions enables researchers to access Metabolon-standard metabolomics through both centralized services and in-house workflows.

The Metabolon Verus Metabolomics Profiling Kit extends Metabolon's validated methods into laboratories worldwide, enabling researchers with LC-MS capabilities to generate standardized, reproducible metabolomics data on-site through streamlined workflows, embedded quality controls, automated metabolite annotation, and direct access to Metabolon's Integrated Bioinformatics Platform. Metabolon's industry-leading data, translational science, and bioinformatics expertise help customers and partners resolve some of the most challenging questions in the life sciences, accelerating research and enhancing development success. The company offers scalable, customizable metabolomics and multiomics solutions-from discovery and targeted services to decentralized in-house metabolomics-that support customer needs across academic research, biopharma, core facilities, and CROs, from early discovery through clinical trials and product life-cycle management. For more information, please visit www.metabolon.com and follow us on LinkedIn and X.

Copyright 2026 GlobeNewswire, Inc.

Demonstrates new evolution in mRNA to address rare conditions

CDMO's work with parent-led, patient-focused foundation will investigate a development pathway to combat CDKL5 Deficiency Disorder

AGC Biologics is well positioned to help advance mRNA programs toward the clinic

HEIDELBERG, Germany, Nov. 10, 2026 (GLOBE NEWSWIRE) -- In a world where patients with CDKL5 deficiencies can suffer 40 to 60 epileptic seizures a day, a contract biopharmaceutical manufacturer and a parent-founded foundation will partner on early-stage messenger RNA development to find a long-term treatment for the rare neurodevelopmental disease.

With few RNA-based programs in development for rare diseases, Child's Cure Genetic Research and AGC Biologics will collaborate to identify a viable path for a new mRNA therapeutic that mimics the protein made by the CDKL5 gene.

The intent of the protein-sustaining treatment is to reduce seizures, improve neurological development, and help patients-many of whom are babies and young children-gain control from debilitating symptoms that impede their health and potential.

This early proof-of-concept work within AGC Biologics' integrated mRNA solutions will seek to identify the best pathway toward clinical development.

New rare disease frontier for mRNA

Cyclin-dependent kinase-like 5 deficiency disorder is a rare genetic disease caused by mutations or deletions of the CDKL5 gene. Current treatment for the disorder often only consists of supportive care, though the foundation is also exploring a small molecule drug that is presently in clinical trials.

For young patients like Reyna Jogani, advancement is not happening at the speed she needs to get the critical CDKL5 protein that enables routine brain activity related to movement, learning, vision, and behavior. Reyna's father, and Child's Cure co-founder, Jainu Jogani, has embraced the rapid advancement and potential of mRNA development, and this partnership with AGC Biologics aims to uncover a sustaining treatment for the rare disease.

RNA-based therapeutic programs are also in development for rare neurodevelopmental diseases such as Rett and Angelman syndromes. Child's Cure is pursuing mRNA for CDKL5 deficiency disorder as part of an effort to help advance the application of this approach to rare diseases.

mRNA therapy will complement gene therapy

Through this program, Child's Cure will explore mRNA as a potential complement to a one-time adeno-associated virus gene therapy intended to address the mutated or deleted CDKL5 gene. The mRNA therapy development will explore how to provide ongoing protein replacement infusions and could offer another option for patients with differing needs, including those for whom gene therapy may not be suitable.

"What I've learned about CDKL5 deficiency disorder is that one treatment approach may not meet every patient's needs. Gene therapy may not be an option for every patient, and questions remain about how long a one-time treatment effect will last," said Jogani. "Investing further in a complementary approach through mRNA intends to restore the missing CDKL5 protein by offering a redosable, adjustable way to support ongoing protein replacement. We are leaving no stone unturned to explore what might help."

AGC Biologics' support for early-phase mRNA programs

In 2023, AGC Biologics leveraged 40 years of experience in microbial fermentation as well as expanded plasmid DNA capabilities to create its new messenger RNA service line at its Heidelberg, Germany site. The mRNA process development services provide custom approaches to meet each specific mRNA need and can produce mRNA supply from R&D to GMP grades.

"Similar to what we've established across decades in other modalities, we are invested in delivering early-stage clinical expertise to developers with mRNA candidates looking to translate their discovery into commercial success," said Christoph Winterhalter, Chief Business Officer of AGC Biologics. "This is an inflection point for this market, where it is progressing into new arenas including personalized medicines and gene therapy. Our experts are the best in the marketplace to support this growth and expansion."

In November 2025, AGC Biologics announced it would partner with Repair Biotechnologies to develop and manufacture a novel mRNA therapy designed to combat the build-up of atherosclerotic plaques, a major contributor to cardiovascular disease, the leading cause of human mortality.

In 2027, AGC Biologics will also offer mRNA process development and commercial production at its newest location in Yokohama, Japan.

Frequently Asked Questions (FAQs):

Why is Child's Cure exploring mRNA alongside gene therapy for CDKL5 deficiency disorder?

The approaches are intended to serve different roles. The AAV gene therapy is intended to address the mutated or deleted CDKL5 gene, while the mRNA program is intended to provide the CDKL5 protein that patients are missing. Child's Cure is exploring mRNA as a potential complementary or alternative approach because gene therapy may not be suitable for every patient, and the long-term durability of a one-time gene therapy remains an important question. Repeatable mRNA dosing to restore CDKL5 protein production could provide another way to support patients over time, subject to further development and clinical evidence.

What experience does AGC Biologics have in working with rare disease therapeutics?

Amidst a complicated landscape for rare conditions with small patient populations, therapy development demands innovation and new ways of thinking. Organizations tackling some of the rarest of diseases are choosing AGC Biologics because of its ability to support unconventional development models:

AGC Biologics is a part of the Orphan Therapeutics Accelerator, a non-profit biotech focused on completing development and enabling commercial access to stalled rare disease treatments.

In 2025, AGC Biologics partnered with public benefit corporation, Rarity PBC, to provide end-to-end manufacturing services for Rarity's gene therapy for ADA-SCID, an immunodeficiency disorder also known as "Bubble Baby Disease."

When WASKYRA was approved in December 2025, Fondazione Telethon became the first non-profit organization to receive FDA approval of a gene therapy, with AGC Biologics as its chosen manufacturer.

AGC Biologics has produced multiple FDA-approved therapies already in commercial supply, with additional programs currently under review. This track record makes AGC Biologics an ideal partner for a broad range of organizations, from public benefit corporations to non-profits and institutions funded by public initiatives.

What experience does AGC Biologics have in mRNA development and manufacturing?

In 2023, AGC Biologics established its mRNA platform services in Heidelberg, Germany, where it already had a longstanding commercial plasmid DNA operation serving multiple customers. This services expansion also leveraged four decades of microbial manufacturing in addition to pDNA to develop its mRNA production capabilities.

Which AGC Biologics sites have mRNA services?

AGC Biologics offers mRNA development and manufacturing services in Europe and Asia at its Heidelberg mRNA Center of Excellence in Germany and Yokohama site in Japan.

About Child's Cure Genetic Research

Child's Cure Genetic Research is a parents-founded organization dedicated to developing innovative, precision treatment opportunities for rare genetic disorders in children. Driven by the urgent need to find cures, the organization envisions a future where every child has access to transformative treatments that offer hope for a better tomorrow. Through cutting-edge research and strategic collaborations, Child's Cure is committed to reshaping the future of pediatric rare disease care. Through cutting-edge research, Child's Cure is committed to reshaping the future of pediatric rare disease care-and actively welcomes strategic collaborations across other pediatric genetic conditions.

About AGC Biologics

AGC Biologics is a leading global biopharmaceutical Contract Development and Manufacturing Organization (CDMO) with a strong commitment to delivering the highest standard of service as we work side-by-side with our clients and partners, to provide friendly and expert services. We provide world-class development and manufacturing of mammalian and microbial-based therapeutic proteins, plasmid DNA (pDNA), messenger RNA (mRNA), viral vectors, and genetically engineered cells.

Our global network spans the U.S., Europe, and Asia, with locations in Seattle, Washington; Copenhagen, Denmark; Heidelberg, Germany; Milan, Italy; and Chiba and Yokohama, Japan. AGC Biologics is a part of AGC Inc.'s Life Science Business. The Life Science Business runs eight facilities focused on biopharmaceuticals, advanced therapies, small molecule active pharmaceutical ingredients, and agrochemicals. To learn more, visit www.agcbio.com.

Copyright 2026 GlobeNewswire, Inc.