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General Fusion to Participate in June Investor and Industry Conferences

Wed, 03 Jun 2026 09:52:00 +0700

VANCOUVER, British Columbia, June 01, 2026 (GLOBE NEWSWIRE) -- General Fusion Inc. ("General Fusion" or the "Company"), a leader in the global race to commercialize fusion energy, today announced that members of its leadership team will participate in several major investor and industry conferences taking place in June.

This announcement comes as the Company prepares to go public through its previously announced business combination (the transactions contemplated by the business combination, collectively, the "Proposed Business Combination") with Spring Valley Acquisition Corp. III (NASDAQ: SVAC) ("SVAC").

Conference Details

* General Fusion plans to participate in Stifel's Ninth Annual Boston Cross Sector 1x1 Conference, taking place June 2 - 3, 2026, in Boston, MA.

* Chief Strategy Officer Megan Wilson is expected to speak at FusionX:Americas, taking place June 9 - 11, 2026, in Boston, MA.

Wilson will participate in a fireside chat with George Gianarikas, Managing Director at Canaccord Genuity, on June 9 at 5:00 p.m. ET. The discussion will explore the evolving role of public markets in advancing fusion energy development amid growing global demand for clean energy.

* General Fusion also plans to attend the 16th Annual ROTH London Conference in London, UK, from June 16 - 18, 2026.

If you are interested in arranging meetings with General Fusion during any of these events, please contact investors@generalfusion.com.

Quick Facts:

* General Fusion's Magnetized Target Fusion ("MTF") is designed to solve significant barriers to commercializing fusion energy at a time when electricity demand is surging, and nations around the world are racing to commercialize fusion power.

* As a technology, MTF aims to achieve fusion in a practical way, avoiding superconducting magnets and high-powered lasers, while enabling the use of existing materials for durable machines that would produce cost-effective energy.

* In early 2025, General Fusion announced that it had designed, built, and begun operating its world-first Lawson Machine 26 ("LM26") fusion demonstration machine in under two years. LM26 is the first MTF demonstration machine to be built at a commercially relevant scale. It mechanically compresses plasma with a lithium liner at 50% commercial-scale diameter.

* LM26 aims to achieve key fusion technical milestones: plasma heating to 1 keV (10 million degrees Celsius), then 10 keV (100 million degrees Celsius), and ultimately the Lawson criterion, the combination of fusion parameters that can produce net fusion energy in the plasma.***

Resmed Completes Acquisition of Noctrix Health, Expanding Clinical Sleep Health Portfolio

Wed, 03 Jun 2026 08:45:00 +0700

Acquisition adds Nidra Tonic Motor Activation (TOMAC) Therapy, an FDA De Novo classified, nonpharmacologic treatment designed to address moderate-to-severe Restless Legs Syndrome (RLS).

SAN DIEGO, June 01, 2026 (GLOBE NEWSWIRE) -- Resmed (NYSE: RMD, ASX: RMD), the leading health technology company focused on sleep, breathing and care delivered in the home, today announced it has completed its acquisition of Noctrix Health, Inc., a medical device company developing clinically validated wearable therapeutics for chronic neurological disorders.

The acquisition expands Resmed's clinical sleep health portfolio into an adjacent area of significant unmet need -- the treatment of Restless Legs Syndrome (RLS), the third most prevalent sleep disorder.1,2 For Noctrix Health, joining Resmed brings an opportunity to scale its innovation, expand patient access, and accelerate impact for providers, patients and health systems.

Noctrix's Nidra Tonic Motor Activation (TOMAC) Therapy is an FDA De Novo classified, non-invasive, non-pharmacologic treatment designed to reduce symptoms of moderate-to-severe RLS and improve sleep quality in adults who have not found sufficient relief with drug therapy.3,4 For many patients, this therapy can deliver meaningful improvement in daily life and overall sleep health. 5

Noctrix has rapidly built a strong foundation of clinical validation for its breakthrough therapy, including 10 peer-reviewed publications and inclusion in the American Academy of Sleep Medicine (AASM) clinical practice guidelines for the treatment of RLS -- notable achievements that reflect both scientific validation and growing clinical adoption.

"Our acquisition of Noctrix Health marks an important step forward in advancing our 2030 strategy and expanding our clinical sleep health portfolio," said Mick Farrell, Chairman and CEO of Resmed. "We are excited to welcome the Noctrix team to Resmed and scale solutions that improve lives through better sleep and home health technologies."

Resmed plans to integrate Noctrix's technology into its portfolio of connected devices and digital health solutions to help expand access, improve care pathways and enhance patient outcomes over time.

"Since founding Noctrix, our mission has been to deliver innovative, non-pharmacologic solutions for people living with RLS who have limited treatment options," said Shri Raghunathan, President and CEO of Noctrix Health. "Joining Resmed will help us advance that mission, enabling us to expand access to TOMAC therapy and reach more patients with a clinically validated solution that can help meaningfully improve sleep and quality of life."

Completion of Acquisition

Resmed's acquisition of Noctrix Health, Inc. was previously announced on April 30, 2026, during Resmed's Q3 FY26 earnings call. Upon completion of the acquisition today, Noctrix became a wholly owned subsidiary within the Resmed group.***

CGTN: 70 tahun hubungan Tiongkok-Afrika: Dari perjuangan bersama menuju impian bersama akan modernisasi

Wed, 03 Jun 2026 08:26:00 +0700

BEIJING, June 01, 2026 (GLOBE NEWSWIRE) -- Tahun ini memperingati 70 tahun terjalinnya hubungan Tiongkok-Afrika. CGTN menerbitkan sebuah artikel yang menyoroti peran prioritas Afrika dalam keseluruhan kebijakan luar negeri Tiongkok, sekaligus menelusuri bagaimana kemitraan Tiongkok-Afrika telah dibangun dan diperkuat selama beberapa dekade.

Artikel tersebut juga mengulas bagaimana kerja sama yang semakin erat dalam beberapa tahun terakhir telah membantu memperkuat suara dan keterwakilan negara-negara Selatan Global, serta berkontribusi dalam mendorong tatanan internasional yang lebih seimbang dan demokratis.

Ketika Presiden Tiongkok Xi Jinping dan Presiden Mesir Abdel-Fattah al-Sisi saling bertukar pesan ucapan selamat pada hari Sabtu untuk memperingati 70 tahun hubungan Tiongkok-Mesir, momen tersebut juga menunjukkan pencapaian yang lebih besar: tujuh dekade hubungan Tiongkok-Afrika.

Presiden Xi menyebutkan bahwa selama 70 tahun terakhir, hubungan Tiongkok-Mesir telah menjadi model persahabatan, solidaritas, dan kerja sama di antara negara-negara berkembang, sekaligus tolok ukur bagi kerja sama Tiongkok dengan negara-negara Arab serta antara Tiongkok dengan Afrika.

Saat ini, hubungan Tiongkok-Afrika telah berkembang dari persahabatan yang lahir dari perjuangan bersama menjadi kemitraan yang dinamis, dengan komitmen pada pembangunan, modernisasi, dan kebangkitan negara-negara Selatan Global.

Dari solidaritas menuju kemitraan strategis

Fondasi persahabatan Tiongkok-Afrika terbentuk pada masa perubahan politik besar.

Sejak era 1950-an hingga 1970-an, Tiongkok telah secara konsisten mendukung perjuangan negara-negara Afrika untuk meraih kemerdekaan nasional dan pembebasan. Negara-negara Afrika juga berperan penting dalam pemulihan kursi sah Republik Rakyat Tiongkok di PBB pada tahun 1971. Dari 76 suara yang mendukung resolusi tersebut, 26 di antaranya berasal dari negara-negara Afrika. Kontribusi ini turut meletakkan fondasi kuat bagi rasa saling percaya antara Tiongkok dan Afrika.

Awal tahun ini, Menteri Luar Negeri Tiongkok Wang Yi mengunjungi Afrika, melanjutkan tradisi selama 36 tahun yang menjadikan benua tersebut sebagai tujuan kunjungan luar negeri pertama menteri luar negeri Tiongkok setiap tahun. Hal ini mencerminkan arti penting hubungan Tiongkok-Afrika.

Selama dua dekade terakhir, kerja sama Tiongkok-Afrika berkembang pesat. Pembentukan Forum Kerja Sama Tiongkok-Afrika (FOCAC) pada tahun 2000 menyediakan kerangka kelembagaan bagi kerja sama kedua pihak. Sementara itu, kebijakan Tiongkok terhadap Afrika yang berlandaskan ketulusan, hasil nyata, persahabatan, dan iktikad baik turut menjadi pedoman bagi hubungan bilateral. Pada tahun 2015, kedua pihak meningkatkan hubungan mereka menjadi kemitraan kerja sama strategis komprehensif dan meluncurkan "Sepuluh Rencana Kerja Sama". Langkah ini meletakkan fondasi kuat bagi percepatan modernisasi di seluruh benua Afrika.

Pada KTT FOCAC 2024, Tiongkok dan Afrika kembali meningkatkan hubungan mereka menjadi komunitas yang tangguh dalam berbagai situasi dengan masa depan bersama untuk era baru. Tiongkok juga memperluas akses bebas bea dari 33 negara Afrika menjadi mencakup seluruh 53 negara Afrika yang memiliki hubungan diplomatik dengannya pada tahun 2025. Dengan demikian, Tiongkok menjadi ekonomi besar pertama yang secara sepihak memberikan perlakuan tarif nol untuk seluruh kategori produk kepada setiap negara Afrika yang menjalin hubungan diplomatik dengannya.

Humphrey Moshi, ekonom terkemuka asal Tanzania, menggambarkan kerja sama Tiongkok-Afrika sebagai contoh signifikan solidaritas negara-negara Selatan Global. Ia mengatakan bahwa solidaritas seperti itu membantu mengubah negara-negara berkembang dari "peserta pasif" menjadi "pembentuk aktif" aturan internasional.

Meningkatkan modernisasi melalui kerja sama praktis

Meskipun kepercayaan politik menjadi fondasi hubungan Tiongkok-Afrika, kerja sama ekonomi telah menjadi faktor penstabil sekaligus mesin pertumbuhan kemitraan tersebut.

Menurut data yang dirilis oleh Administrasi Umum Kepabeanan Tiongkok, perdagangan Tiongkok-Afrika mencapai rekor $348 miliar pada 2025, naik 17,7% dibandingkan tahun sebelumnya. Tiongkok juga tetap menjadi mitra dagang terbesar Afrika selama 17 tahun berturut-turut. Momentum tersebut terus berlanjut hingga tahun 2026. Pada kuartal pertama saja, perdagangan Tiongkok dengan negara-negara Afrika mencapai 646,56 miliar yuan ($92,2 miliar), naik 23,7% dibandingkan periode yang sama tahun sebelumnya.

Pada saat yang sama, Inisiatif Sabuk dan Jalan telah mengubah konektivitas di seluruh benua Afrika melalui peningkatan sistem perkeretaapian dengan proyek-proyek seperti Kereta Api Tazara dan Kereta Api Lebar Standar Mombasa-Nairobi. Keduanya menjadi proyek unggulan yang menjadi contoh kerja sama Sabuk dan Jalan yang berkualitas tinggi antara Tiongkok dan Afrika.

Menurut Kementerian Luar Negeri Tiongkok, Tiongkok telah menandatangani perjanjian keringanan utang atau mencapai kesepakatan terkait keringanan utang dengan 19 negara Afrika pada tahun 2023. Dengan demikian, Tiongkok menjadi kontributor terbesar dalam upaya penangguhan pembayaran utang di bawah kerangka G20.

Sementara itu, Tiongkok telah melatih puluhan ribu tenaga profesional Afrika melalui beasiswa, pelatihan vokasi, dan program pertukaran pendidikan. Hingga bulan Juni 2025, Tiongkok telah mengadakan 17 Lokakarya Luban di 15 negara Afrika. Sementara itu, rencana kerja sama universitas Tiongkok-Afrika, yaitu inisiatif pendidikan tinggi yang mempertemukan universitas-universitas Tiongkok dengan institusi-institusi Afrika, telah menghubungkan 114 perguruan tinggi.

Paul Frimpong, direktur eksekutif sekaligus rekan peneliti senior di Africa-China Centre for Policy & Advisory, mengatakan bahwa kontribusi Tiongkok terhadap pembangunan Afrika semakin terlihat.

Ia menambahkan, "Berbagi pengetahuan, keterampilan, dan pengalaman oleh Tiongkok di sektor-sektor seperti manufaktur dan energi hijau memberikan dampak mendalam terhadap perjalanan Afrika menuju modernisasi dan kemandirian."
https://news.cgtn.com/news/2026-05-30/China-Africa-ties-at-70-Path-to-a-shared-dream-of-modernization-1NzbT7rDWhy/p.html

Orano Increases Ownership in Cigar Lake Mine in Canada

Wed, 03 Jun 2026 08:00:00 +0700

SASKATOON, Saskatchewan, June 01, 2026 (GLOBE NEWSWIRE) -- Orano Canada Inc. (Orano Canada) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire TEPCO Resources Inc. (TEPCO) 5% ownership in the Cigar Lake Joint Venture. Orano is pleased to announce that, upon closing, this transaction will increase its share by 2.129% to a total of 42.582% of the joint venture. Cameco's ownership will also rise to a total of 57.418%.

"This agreement reflects the strength of our long-term relationship with Cameco and our shared commitment to supporting energy security through reliable, low-carbon nuclear energy. At Orano, we remain focused on investment and operational excellence in support of our customers worldwide," said Xavier Saint Martin Tillet, Senior Executive Vice President, Orano Mining Business Unit.

"We are pleased to increase Orano's ownership stake in the Cigar Lake mine," said Pascal Bastien, President and CEO, Orano Canada. "This investment reflects our long-term confidence in Saskatchewan and its importance to Orano's future growth in the global nuclear fuel cycle. We thank our long-standing partner, TEPCO, for its contribution to this operation over many years. Together with Cameco, we remain committed to the safe and reliable operation of the Cigar Lake mine and McClean Lake mill, while continuing to support our employees and the communities where we operate."

The acquisition is subject to regulatory approvals and standard closing conditions and should be closed in the third quarter of 2026.

About Orano Canada

Headquartered in Saskatoon, Saskatchewan, Orano Canada Inc. is a leading producer of uranium, accounting for the processing of 19.8 million pounds of uranium concentrate produced in Canada in 2025. Orano Canada has been exploring for uranium, mining and milling in Canada for more than 60 years. Orano Canada is the operator of the McClean Lake uranium mill and a major partner in the Cigar Lake (currently 40.453% increasing to 42.582%), McArthur River (30.2%) and Key Lake (16.7%) operations. The McClean Lake joint venture is owned by Orano Canada (77.5%) and Denison Mines (22.5%). Orano toll mills the ore from the Cigar Lake mine at the McClean Lake mill.

The company employs about 500 people in Saskatchewan, including nearly 400 at the McClean Lake operation where over 44% of employees are self-declared Indigenous. As a sustainable uranium producer, Orano Canada is committed to safety, environmental protection, and contributing to the prosperity and well-being of neighbouring communities.

Orano Canada Inc. is a 100% subsidiary of Orano Mining, part of the multinational Orano group. As a recognized international operator in the field of nuclear materials, Orano delivers solutions to address present and future global energy and health challenges. Its expertise and mastery of cutting-edge technologies enable Orano to offer its customers high value-added products and services throughout the entire fuel cycle. Every day, the Orano group's 18,500 employees draw on their skills, unwavering dedication to safety and constant quest for innovation, with the commitment to develop know-how in the transformation and control of nuclear materials, for the climate and for a healthy and resource-efficient world, now and tomorrow.

Visit Orano at www.oranocanada.com or follow us on LinkedIn, Facebook, Instagram and Twitter: @oranocanada.***

Zoom launches ZoomMate: the first AI teammate built to turn conversations into completed work

Wed, 03 Jun 2026 07:42:00 +0700

* Generally available today, ZoomMate combines agentic search, AI-generated presentations and deliverables, and automated execution in Salesforce, Jira, Slack, ServiceNow, and more

SAN JOSE, Calif., June 01, 2026 (GLOBE NEWSWIRE) -- Today, Zoom Communications, Inc. (NASDAQ: ZM) announced the launch of ZoomMate, an agentic AI work surface to help people move from workplace conversations to execution without losing context along the way. Built on Zoom's system of action vision announced in March, ZoomMate connects live conversational context to agentic search, workflow execution, custom agents, and AI content creation.

ZoomMate helps users overcome the friction introduced by fragmented tools and incomplete workflows by surfacing information across Zoom and connected business systems, creating deliverables from meeting and enterprise context, and coordinating follow-through across workflows without switching tools. This shift reflects Zoom's long-term vision for a system of action that moves conversations into completed work.

"What drew me to Zoom was a simple truth: no other company sits where Zoom sits -- at the center of every conversation where work decisions get made," said Russell Dicker, chief product officer at Zoom. "ZoomMate is built on this insight. Before, during, and after the meeting, ZoomMate connects what was decided to what needs to happen next across every system where your work lives."

"The market is moving away from isolated AI helpers and toward tools that can better connect decisions, data, and workflows across an organization," said Melody Brue, vice president and principal analyst at Moor Insights & Strategy. "Many AI offerings operate on the edges of work, with limited access to the real-time context affecting decisions. ZoomMate approaches this differently because it sits inside the conversations where those decisions unfold. This can give it live business context and help make its recommendations more grounded in the work that teams are actually doing."

ZoomMate capabilities: Search, orchestrate, and complete

ZoomMate introduces advanced agentic AI capabilities that help teams move from insight to completion.

Agentic Search: Bring enterprise knowledge into every conversation

* ZoomMate helps users search across Zoom, the web, and third-party systems to find the most relevant information for a project, account, ticket, policy, or business question.

* By connecting to data sources such as ServiceNow, Salesforce, and Workday, and indexing across users' integrated enterprise systems, ZoomMate can surface information from enterprise files, including customer records, open issues, service tickets, knowledge articles, project updates, files, and other business content.

* Relevant context from Zoom Meetings, Phone, Chat, and other connected collaboration platforms -- including Google and Microsoft -- can be directly integrated into the flow of work, so users always have what they need without switching tools or breaking focus.

* Results are grounded in the organization's connected knowledge and designed to respect enterprise access controls, permissions, and governance.

* Unlike enterprise search tools that index documents alone, ZoomMate connects the files, the records, and the conversations behind them.

Orchestrate: Coordinate follow-through across teams, apps, and systems

* ZoomMate's agentic layer enables proactive coordination and execution across systems, combining AI workflows with intelligent agents that can act, learn, and adapt within enterprise environments.

* Agents can monitor ongoing projects, identify next steps from meeting context, and automatically initiate follow-up actions, ensuring continuity from conversation to completion.

* Coordinates real-time task execution across meetings, apps, and systems to turn recurring processes into repeatable workflows.

* Schedules events in Google Calendar or Microsoft Outlook and routes requests to appropriate systems.

* Updates records, creates follow-up tasks, drafts customer communications, and triggers onboarding or support workflows.

* Reduces handoff gaps by connecting conversational context with execution.

Complete: Turn meetings and enterprise context into finished deliverables

* ZoomMate turns meetings into finished work, automatically creating presentations, documents, spreadsheets, reports, and project plans from meeting conversations and enterprise context so teams can move from discussion to execution faster.

* Leveraging Zoom's AI Productivity Suite, ZoomMate can update deliverables as decisions evolve, keeping plans, documents, and other outputs current in real time without manual syncing.

* Unlike AI tools that solely rely on prompts or manual context, ZoomMate understands what was discussed to generate grounded, relevant outputs directly from meeting context, delivering content in the form of presentations, documents, and spreadsheets.

How teams can use ZoomMate

ZoomMate integrates into existing team workflows to provide real-time assistance and continuity from the first meeting to the final deliverable. By connecting conversational context with enterprise data, teams can automate repetitive administrative tasks and focus on high-value execution.

* Knowledge workers: Users can ask ZoomMate to pull key information from Google Docs, open Jira issues, and surface recent Slack discussions before a meeting starts. Then, they could ask ZoomMate to manage and schedule events in Google Calendar or Outlook without having to hunt down each person's availability. And finally, ZoomMate can help users track down specific information across various documents and data sources, such as Google Drive and SharePoint, for project updates, while using the conversation as the source of truth.

* Sales teams: ZoomMate can retrieve account details from Salesforce before a call, update opportunity records immediately after, and draft follow-up proposals using the meeting transcript, without the rep switching applications.

* Product and engineering teams: ZoomMate can pull project background from Google Docs, identify open Jira issues, surface relevant discussions from collaboration tools, and turn action items into structured plans or status updates that reflect the latest decisions.

* HR and operations teams: ZoomMate can answer general policy questions from connected knowledge bases, route employee requests to the appropriate system, and automatically trigger onboarding workflows when a new hire's start date is confirmed.

Conversations as the orchestration layer for modern work

As AI becomes embedded across workplace software, the next challenge is not simply generating more content or summarizing more meetings -- it is helping teams complete the work that conversations create. Zoom believes that conversations are the context layer for modern work because they capture decisions, intent, approvals, objections, and next steps that drive meaningful business outcomes.

ZoomMate is built around that idea. By connecting conversational context with enterprise systems and agentic execution, ZoomMate helps teams move from discussion to action without rebuilding context across disconnected tools. It reflects Zoom's broader platform vision: a conversation-centric system of action where live collaboration becomes completed work.

ZoomMate is available today for online and direct customers in North America, starting at $20 per user per month with included AI credits. Availability for additional industry verticals and regions, including EMEA and APAC, is expected to roll out later this year.

*Note: While ZoomMate is generally available, it may not be accessible to all users right away, as it is being rolled out gradually.***

Verisk Redefines U.S. Hurricane Risk Modeling with Reengineered Tropical Cyclone Model, Delivered on Its New Synergy Studio Platform

Wed, 03 Jun 2026 07:26:00 +0700

* Integrates advances in climate science, hazard, and vulnerability to improve how tropical cyclone risk is assessed

* Provides a more realistic view of individual risk and portfolio exposure across insurance, reinsurance, and capital markets

* Delivered through Verisk's new cloud-native Synergy Studio platform, enabling high-resolution modeling, high-performance analytics, and scalable workflows

JERSEY CITY, N.J., June 01, 2026 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK) today announced a major update to its Tropical Cyclone Model for the United States (hurricane) model--delivering advances in how hurricane risk is quantified and applied across insurance, reinsurance and capital markets. Delivered on Verisk's cloud-native Synergy Studio platform, the updated model uses flexible computing and automated workflows to generate faster insights into individual risks and portfolio exposure.

The updated U.S. Tropical Cyclone model reflects a near-present climate view, grounded in recent tropical cyclone behavior and impacts, enhanced hazard and vulnerability modeling, and a clearer representation of loss drivers. It combines an updated stochastic event catalog, peer-reviewed wind-field methodology, and a comprehensive reevaluation of vulnerability to better capture how hurricanes behave today and how that translates into losses--such as damage driven by storm surge in coastal areas and rainfall-driven inland flooding--delivering a more accurate and transparent view of risk. The model is exclusively available through Verisk Synergy Studio.

"Insurance leaders are navigating a more complex and interconnected risk environment than ever before," said Rob Newbold, president of Verisk Catastrophe and Risk Solutions. "The updated U.S. Tropical Cyclone model and Verisk Synergy Studio are designed to support those decisions?providing a more defensible view of risk on a modern platform that helps organizations assess exposure, manage capital, and operate with confidence in today's climate."

A near‑present view of hurricane risk, grounded in updated science

The updated model adopts a single, near‑present view of tropical cyclone risk that reflects the impact of both global warming and the natural variability of the ocean and atmosphere in the Atlantic Basin. The underlying framework supports more flexible climate sensitivity analysis while remaining grounded in established science and physical plausibility.

This approach represents a significant advance in how tropical cyclone behavior and impacts are modeled, enabling a more realistic and robust view of risk.

The update comprehensively modernizes the representation of tropical cyclone risk--from the underlying event catalog and hazard framework to vulnerability and loss dynamics. This includes a reevaluation of how buildings, infrastructure, and communities sustain damage, reflecting changes in construction practices, mitigation, and exposure that increasingly shape actual losses.

Key scientific advancements include:

* Modernized tropical cyclone hazard modeling significantly enhances the representation of wind fields, storm surge, and inland flooding, incorporating improved simulation of storm structure, land interaction, impact of event duration, and physical realism of these sub-perils. These advances provide a more physically realistic view of how tropical cyclones evolve and propagate impacts inland--key drivers of outsized losses in recent U.S. hurricane seasons, particularly across coastal and near‑coastal states.

* Enhanced vulnerability modeling reflects how modern buildings and infrastructure withstand peak hurricane winds and duration, incorporating updated construction practices, mitigation measures, and component-level damage behavior. The update improves model differentiation of risk across older versus newer structures, capturing key drivers that influence how similar storms can produce significantly different damage and recovery outcomes.

* A reengineered stochastic event catalog captures a broader range of plausible tropical cyclone behavior, including tropical storms and extratropical transition. Event tracks are generated using physically consistent atmospheric and oceanic variables known to influence tropical cyclone activity, which provides more physics-based information in the simulation of rare tail events.

Together, these advances provide insurers and reinsurers with a clearer view of individual risks, drivers of loss, and how portfolios are exposed to extreme but plausible events--particularly in high exposure regions such as the U.S. Southeast and Gulf Coast, where multiple risks increasingly interact.

Peer-reviewed science and built for real-world decision making

Catastrophe models increasingly inform decisions beyond insurance pricing, including reinsurance and insurance‑linked securities (ILS), as well as housing, infrastructure, capital markets, and climate risk disclosure. The updated model is designed to support risk evaluations at that intersection: results that can be explained to executives, presented to regulators, and defended under external review.

The updated model underwent extensive external evaluation, including academic peer review and publication of the new hurricane wind-field methodology, and review and evaluation of the new event set and vulnerability modules by independent experts. This process complements internal scientific validation by Verisk's domain-area experts and reflects the level of rigor required for risk assessments that inform high stakes public and private decision‑making.

"This update reflects years of advances in atmospheric science, hazard modeling, and loss validation," said Jay Guin, executive vice president and chief research officer at Verisk. "By incorporating a near‑present view of climate conditions and improved representations of wind, storm surge, and flooding, the model provides a more realistic picture of how hurricanes behave and how losses may occur today--not decades ago."

Delivered on Verisk Synergy Studio, Verisk's modern platform for catastrophe modeling at scale

The updated model, along with Verisk's global suite of catastrophe models, is delivered on Verisk Synergy Studio, a cloud-native platform designed to unify catastrophe modeling, exposure management, and risk analytics in a single environment. The platform supports larger, more complex portfolios with modern workflows and high‑performance computing, while leveraging open, non-proprietary exposure data formats and an updated, globally connected financial modeling framework.

By pairing advanced science with a modern platform, Synergy Studio enables more frequent model updates and improved integration with enterprise risk workflows.

Availability

The Verisk Tropical Cyclone model for the United States will be delivered natively through Verisk Synergy Studio. Both offerings will be available starting June 15, 2026. Verisk is supporting clients through a phased migration process, with validation resources and model documentation available to support adoption.

The Verisk Tropical Cyclone Model for the United States is developed by AIR Worldwide Corporation, a wholly owned subsidiary of Verisk Analytics, Inc. ***

Bitdeer Launches SEALMINER DL1 Hydro Achieving 52.5 GH/s and 149 J/GH Power Efficiency

Wed, 03 Jun 2026 07:04:00 +0700

SINGAPORE, June 01, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) ("Bitdeer" or the "Company"), a world-leading technology company for AI and Bitcoin mining infrastructure, today announced the launch of its latest hydro-cooling mining machine, the SEALMINER DL1 Hydro. Designed for Scrypt algorithm mining, the DL1 Hydro integrates Bitdeer's proprietary ASIC technology with a hydro-cooling thermal management system.

The SEALMINER DL1 Hydro is engineered to address hashrate density and energy consumption requirements for industrial-scale operations. By utilizing a hydro-cooling architecture, the machine is designed to maintain operational stability while managing the thermal demands of high-density data center environments.

SEALMINER DL1 Hydro

Key Specifications of the SEALMINER DL1 Hydro*:
* Hash Rate: 52.5 GH/s
* Power Efficiency: 149 J/GH
* Power Consumption: 7,823 W
* Supported Coins: Litecoin (LTC), Dogecoin (DOGE), Bellscoin (BELLS), Junkcoin (JKC), Luckycoin (LKY), and Pepecoin (PEP)

The DL1 Hydro features a standardized 2U form factor and a net weight of 21kg. This compact design facilitates optimal rack space utilization and streamlines installation in professional mining facilities. In addition to its compact form factor, the machine offers flexible performance modes to accommodate fluctuating power costs and network conditions.

In addition to the standard configuration, its proprietary High Hashrate Mode reaches an output of up to 55 GH/s at 157 J/GH for scenarios requiring enhanced performance, while the Low Power Mode prioritizes energy efficiency, delivering 42.5 GH/s at 132 J/GH to allow for precise operational optimization based on specific requirements.

The launch of the SEALMINER DL1 Hydro reinforces the focus on improving operational stability and hashrate density through hydro-cooling technology. Bitdeer will continue to uphold its principles of "Innovation, Efficiency, and Stability", delivering high-quality and reliable products and services to miners worldwide.

*Note: Product performance may vary by ?5% in hashrate and power efficiency, and by ?10% in power consumption. Final specifications are based on delivered units.

About Bitdeer Technologies Group

Bitdeer is a world-leading technology company for AI and Bitcoin mining infrastructure. Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers and building AI computational infrastructure to support the AI revolution. Bitdeer handles complex processes involved in computing such as equipment procurement, transport logistics, data center design and construction, equipment management, and daily operations. Bitdeer also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed data centers across multiple countries, including the United States, Norway, Bhutan, and Ethiopia.

About SEALMINER

SEALMINER, a pioneering brand of mining machines under Bitdeer Technologies Group (NASDAQ: BTDR), specializes in offering efficient and sustainable mining solutions. SEALMINER integrates Bitdeer's self-developed SEAL series of mining chips manufactured using advanced process nodes. By continuously improving power efficiency ratios, SEALMINER is dedicated to providing innovative, efficient, and reliable products and services to customers worldwide. To learn more, visit https://www.bitdeer.com/ or follow Bitdeer on X @Bitdeer and LinkedIn @Bitdeer. ***

Otherwander Opens in the Heart of Soho, London

Wed, 03 Jun 2026 06:50:00 +0700

The Pod Hotel. Perfected

LONDON, June 01, 2026 (GLOBE NEWSWIRE) -- Redefining the modern city stay from ?70 per night, Otherwander opens in Soho, London. In the electric heart of Soho, London, a new chapter in modern hospitality begins.

Opening on 92 Dean Street, Otherwander Soho introduces a seamless, design-led stay in one of the world's most dynamic neighbourhoods, from ?70 per night. It is a stay designed for the way people move today; reimagining the role of the hotel in modern travel, not as a destination, but as a base that keeps guests connected to the beating heart of the city.

At the core of the concept is the pod, which are called nests. Available as single or double, each pod is designed to optimise comfort, safety and efficiency. Premium bedding, lighting and temperature controls, blackout windows, sound-softened walls and integrated storage creates a calm, enclosed space that contrasts with the pulse outside.

From booking to arrival, the experience is fully digital. Guests check in online and access both the building and their private pod using a QR-enabled Wanderpass stored in their mobile wallet. The result is a frictionless journey that removes traditional barriers, allowing guests to move through the city on their own terms.

Built for a life in motion

Just moments from the Elizabeth line at Tottenham Court Road station, Otherwander Soho places guests at the centre of it all. Surrounded by theatres, caf?s, boutiques, restaurants and nightlife, it offers a seamless way to arrive, reset, and step straight back into the city. Inviting you to stay out longer, and to say yes more often.

Born from the belief that travel should feel effortless, Otherwander Soho features 566 pods and strips the hotel experience back to its essentials.

Social by Design

Beyond the pods, Otherwander Soho offers a guest-exclusive social hub where guests can hang out, access fresh coffee, pastries, snacks, and a self-serve bar offering beers, wines, and cocktails.

Shared spaces are designed with the same attention to detail, featuring spa-quality bathrooms with rain showers and dedicated vanity areas, making it easy to reset before heading back out.

Otherwander Soho CEO, Fredrik Korallus says: "Otherwander Soho represents a distillation of what guests truly need - and should pay for. No frills, no wasted space, no friction. We offer a seamless, fully digitised guest journey, considered design, a comfortable night's sleep, and exceptional value in the epicentre of one of the world's greatest cities."

And Soho is just the beginning.

Designed with global scalability in mind, Otherwander Soho aims to grow beyond the UK into major cities worldwide, carrying the same spirit of freedom, discovery, and effortless living wherever it goes.

Otherwander Soho is open from 1st June 2026.

To discover more and book your stay, visit here.

For more information or to book a press stay, please contact: otherwander@wcommunications.co.uk ***

Green GSM And PNB Signs Strategic Financial Partnership To Support The Expansion Of All-Electric Mobility In The Philippines

Tue, 02 Jun 2026 21:58:00 +0700

Mr. Edwin R. Bautista, President and Chief Executive Officer of Philippine National Bank (third from left); Ms. Thuy Vu Dropsey, Chief Corporate Development & Strategic Finance Officer at Vingroup (third from right); and Mr. Dao Quy Phi, Managing Director of Green SM Southeast Asia (far right), together with representatives of the parties at the partnership signing ceremony between Green GSM and Philippine National Bank. Under the partnership, PNB provided a PHP 2 billion credit facility to support Green GSM's operational expansion and fleet growth in the Philippines. The facility supported Green GSM's fleet expansion and operating capacity in the Philippines.

MANILA, PHILIPPONES - Media OutReach Newswire - 1 June 2026 - Green GSM Philippines and Philippine National Bank (PNB) officially announced a strategic partnership in financial and digital banking services to support the operations and expansion of Green GSM's all-electric ride-hailing ecosystem in the Philippines. The agreement marks the next step in Green GSM's strategy to develop the infrastructure supporting its electric mobility model, as the company continues to expand across major urban areas and gradually build a sustainable long-term operating ecosystem in the Philippine market.

Alongside the credit facility, the two parties also implemented digital account management and payment systems for Green GSM's driver network. Through PNB's corporate banking platform and digitized onboarding processes, account opening and activation times are significantly reduced, helping Green GSM strengthen operational management as it expands driver network.

As cities continue to seek lower-emission transport solutions, financial systems, digital payments, driver management and operating standards are becoming increasingly important to supporting mobility platforms at scale.

In the Philippines, Green GSM is building mobility model through the integration of technology, an all-electric fleet, and standardized operating systems. Following its strategic partnership with Xentro Group in 2025 and the launch of the Green Xentro fleet in Rizal earlier this year, the company continues to expand its presence through long-term collaborations with local partners and domestic financial institutions.

"We appreciate Green GSM's long-term development direction in the Philippines, not only in advancing low-emission mobility, but also in the way the company is building an operating model with scalability and clear governance foundations," said Mr. Edwin R. Bautista, President and Chief Executive Officer of PNB. "The transition toward sustainable transport will require ecosystems capable of supporting stable long-term growth, together with the financial and operational foundations needed to enable that expansion."

Ms. Le Thi Thu Trang, Chief Executive Officer of Green GSM Philippines, said: "For Green GSM, developing an all-electric mobility model is not only about expanding the fleet, but also about building an operating system that is stable, standardized, and capable of sustainable long-term growth. Our partnership with PNB will help strengthen the financial and operational foundations needed to enhance service quality and support Green GSM's continued expansion in the Philippines."

Green GSM develops its all-electric mobility model through the combination of technology, standardized operating systems, and professionally trained drivers. The platform is supported by real-time monitoring and operational systems designed to maintain service consistency across major urban areas.

The partnership with PNB further reinforces Green GSM's long-term direction in the Philippines, where the company continues to strengthen its operating foundations, service standards, and driver support systems in order to maintain service quality as operations scale further.***

Heineken Turns a Solo Seat at the UEFA Champions League Final Into Football's Most Social Experience

Tue, 02 Jun 2026 21:37:00 +0700

AMSTERDAM, June 01, 2026 (GLOBE NEWSWIRE) -- At the UEFA Champions League Final last night, one of the most isolated seats in the stadium became one of football's most social experiences - showing how fandom can bring strangers together faster than almost anything else.

Every stadium has them: the odd seats that don't quite fit. Tucked into corners, split from the row, or sitting alone entirely. Perfectly good views of the pitch, but not always built for shared reactions, last-minute goals, or the collective tension that makes football what it is.

High up in the Puskas Arrna sits one of those seats: a single spot on its own, with no neighbours on either side. For most fans, it's probably the last place you would choose to watch the biggest match in club football.

That's exactly why Heineken chose it.

The seat, identified as the stadium's most isolated, became the surprise destination for the winner of a competition run with football creator The Padded Seat, known for spotlighting the best, worst and most unusual places to watch the game.

Heineken was looking for a fan willing to attend one of football's biggest nights alone - open to the experience and whoever they might meet along the way.

They would be going solo. What they didn't expect was just how alone they would be.

As the winning fan, Forest Robinson, took their place, high up in the stadium, surrounded by thousands but completely on their own, they were joined by an unexpected guest: UEFA Champions League legend Xavi Hern?ndez. A member of the Barcelona squad that faced Arsenal in the 2006 Final, Xavi appeared at their side to reveal a hidden second seat, built seamlessly into the original - turning one of the stadium's most isolated places into a shared space.

From there, the night opened up. Together, Forest and Xavi were taken into Heineken's Skybox to watch the match with fellow fans and football icons, before heading pitchside post-match to celebrate as Paris Saint-German F.C. lifted the trophy.

In a stadium built for thousands, the most memorable moment started with just one seat - a reminder that fans often have more friends than they think.

Four-time UEFA Champions League winner, Xavi Hernandez, said:

"As a player, some of my best memories in football came from sharing big moments with teammates and fans. The Champions League Final is the biggest stage in club football, and you never know who the game might bring you together with along the way. It was special to help Heineken turn Forest's seat into an experience they will never forget, and to show the power football has to connect people who may only have met because of the match."

Nabil Nasser, Global Head of Heineken Brand, said:

"I know from experience that going to a match on your own does not mean experiencing it alone. A few years ago, I went to a game with friends, but we were split up in the stadium and I found myself sitting alone among supporters of another team. What could have felt like an isolated experience became one of the best I have ever had in a stadium, because I was completely swept up in the passion, humour and energy of the fans around me.

That is the spirit behind Fans Have More Friends. Fandom gives people an instant reason to connect. Turning a solo seat into one of the most social experiences of the Final felt like a simple but powerful way to bring that idea to life, and to show that fans often have more friends around them than they think."

Fandom has a way of turning strangers into instant connections, and this latest activation is part of a wider series of Heineken? social experiments designed to show that fans really do have more friends.

Following the Final, Heineken will continue to explore how moments at live events can connect strangers, including a pledge to upgrade more solo seats across UEFA Champions League stadia next season.***

ARKAY Beverages Announces Brand Ambassador Opportunity With Potential Earnings of Up to $120,000 Per Year

Tue, 02 Jun 2026 21:24:00 +0700

ARKAY invites motivated people worldwide to participate in its Brand Ambassador Program and promote the ARKAY Zero Proof movement from the comfort of their home

MIAMI, June 01, 2026 (GLOBE NEWSWIRE) -- ARKAY Beverages, a pioneer in zero-proof spirits and alcohol-free spirit alternatives, is pleased to announce an expanded opportunity for serious ARKAY Brand Ambassadors to earn commissions by promoting ARKAY products through their personal referral code.

The ARKAY Brand Ambassador Program is open to everyone. Consumers, influencers, content creators, wellness advocates, alcohol-free lifestyle supporters, retailers, restaurant professionals, event organizers, and motivated individuals are invited to participate.

Under the program, approved ambassadors can earn $5 for every bottle sold using their unique ambassador code. ARKAY also pays commissions the same day the order is taken, giving ambassadors a fast and direct way to benefit from their promotional efforts.

A serious, full-time independent contractor who consistently promotes ARKAY online, through social media, personal networks, virtual tastings, local community outreach, restaurant contacts, event organizers, and alcohol-free lifestyle groups may have the potential to generate significant monthly income.

For example, a highly motivated ambassador selling approximately 2,000 bottles per month through their referral code could earn approximately $10,000 per month, or $120,000 per year in commission income.

"ARKAY was created to give people a new way to drink differently," said Reynald Vito Grattagliano, Founder of ARKAY Beverages. "Our Brand Ambassador Program allows motivated people to participate in the growth of the alcohol-free beverage movement while earning commissions from the comfort of their home."

The program is designed for independent contractors who want to promote ARKAY on their own schedule and build their own sales network. Ambassadors may promote ARKAY through social media, email marketing, online communities, alcohol-free lifestyle groups, local businesses, restaurants, events, tastings, and personal referrals.

ARKAY Brand Ambassadors are not employees of the company. They operate as independent contractors and are compensated based on actual sales generated through their personal referral code. Earnings are not guaranteed and depend on individual effort, sales volume, marketing activity, audience engagement, and compliance with ARKAY program guidelines.

Anyone interested in participating in the ARKAY Brand Ambassador Program may contact:

contact@arkaybeverages.com

ARKAY believes the growing demand for alcohol-free alternatives creates a major opportunity for motivated ambassadors who want to represent a brand in the fast-growing zero-proof category.***

Bitget Tackles Trading Burnout in New UEX Video Series

Tue, 02 Jun 2026 21:11:00 +0700

VICTORIA, Seychelles, June 01, 2026 (GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX), has launched "UEX Traders' Secret," a three-part video series that takes a humorous take on the realities of modern trading, from market stress and platform fatigue to the demands of round-the-clock participation. Released across Bitget's official social channels, the campaign uses relatable situations and self-aware humor to highlight how AI, automation, and unified trading environments are reshaping the trader experience.

The campaign arrives as trading behavior becomes increasingly multi-asset and always-on. Traders today often move between crypto, equities, commodities, and macro events simultaneously while managing multiple platforms, strategies and information flows. As markets become more interconnected, demand is growing for tools that simplify trading experiences and reduce friction across asset classes, a direction that sits at the center of Bitget's Universal Exchange vision.

The first episode, "Stop Hair Loss -- Let AI Hunt Alpha For You," focuses on one of trading's unofficial side effects: stress. The episode introduces Bitget's AI ecosystem, including GetAgent, GetClaw, and Agent Hub, showing how traders can rely on AI-powered tools to monitor markets and surface opportunities continuously.

The second episode, "Multi-Platform Trading Is Aging You -- One Platform Smooths It All Away," shifts attention to the challenge of navigating fragmented trading environments. Through a skincare-inspired storyline, the episode highlights Bitget UEX, where crypto, stocks, and commodities are brought together into a single trading environment.

The final episode, "Shed the Stress Weight -- Let Bots Trade While You Sleep," explores the demands of always-on markets and the growing role of automation. The episode features Bitget's trading bots and copy trading ecosystem across spot, derivatives, CFDs, equities, and precious metals.

"Trading in today's day and age means tracking more markets, more assets and more information than ever before," said Gracy Chen, CEO of Bitget. "UEX was built around simplifying that experience through AI and bringing markets together, and the campaign reflects that reality in a lighter way."

The series forms part of Bitget's broader Universal Exchange initiative, which combines AI-powered tools, automation, and multi-asset access across crypto, equities, commodities, and tokenized markets within one ecosystem.

The "UEX Traders' Secret" series is now available across Bitget's official social media channels.***

Curium Announces a Strategic Investment of Over EUR32 million in Saclay, France

Mon, 01 Jun 2026 19:13:00 +0700

*Curium's strategic investment of over EUR32 million will establish a European production line for 177Lu-PSMA-I&T, a therapeutic agent for patients with metastatic castration-resistant prostate cancer

*This investment positions France at the forefront of this innovative cancer treatment technology and is part of broader industrial commitments in France, covering European demand for targeted prostate cancer therapy

PARIS, June 01, 2026 (GLOBE NEWSWIRE) -- Curium, a global leader in nuclear medicine, today announced at the Choose France summit in Versailles, a major industrial investment program in France to the value of EUR32 million. This investment will strengthen its production capabilities for radiopharmaceuticals through the creation of a new production line, and 20 highly skilled jobs. This will supply the European market with ?⁷⁷Lu-PSMA-I&T, a targeted radioligand therapy (RLT) for patients with metastatic castration-resistant prostate cancer (mCRPC). With this development, Curium is positioning itself as a theranostic player, combining its longstanding expertise in diagnostics with a growing therapeutic portfolio built around RLT.

This commitment is part of a broader strategy to reinforce France's position at the heart of the European nuclear medicine value chain. In France, Curium employs over 750 employees and operates 13 production sites that are serving more than 200 nuclear medicine centers every day.

Saclay, France is Curium's historic site, drawing on a world-class scientific ecosystem and notably rooted in the legacy of the French Atomic Energy Commission (CEA). By investing in the facility in Saclay, Curium is strengthening the care pathway in France and will help meet growing European demand for innovative radiopharmaceutical treatments, particularly for advanced prostate cancer through targeted ?⁷⁷Lu-PSMA-I&T therapies. Curium has launched an ambitious investment program in France, investing more than EUR50 million over the past 5 years, underscoring its sustained confidence in France's global industrial strength, and positioning the company to scale up rapidly in a market expected to grow tenfold by 2035, alongside a fast-expanding diagnostic and therapeutic pipeline.

Ciril Faia, Curium International's Chief Executive Officer, said: "France is a key production hub for Curium and accounts for more than 20% of Curium's global revenue Nuclear medicine, and radioligand therapy in particular, is set to become an essential component of the modern therapeutic arsenal against cancer by providing innovative and highly targeted solutions for patients with cancer.".

Isabelle Rouzou, SVP Quality and Operations, Curium International, said: "France was chosen for this strategic investment because of the quality of its scientific, industrial, and hospital ecosystem, as well as its historic expertise in the field of nuclear medicine, making it a leading location for the development of radiopharmaceuticals. This investment creates new opportunities for highly skilled workers and critically, will help increase access to the radioligand therapy for patients with cancer."

About Nuclear Medicine

Nuclear medicine is undergoing a profound transformation in healthcare, evolving from a primarily diagnostic role to a targeted treatment - radioligand therapy (RLT) represents one of the major innovations driving this transformation. It combines a molecular vector capable of specifically targeting tumor cells with a radioactive isotope, enabling treatment to be delivered directly to the core of the tumor while minimizing effects on healthy tissue.

The growth prospects for these therapies are considerable. In France, the number of patients eligible for RLT could increase more than tenfold by 2035, reflecting a structural evolution in cancer care.

About Curium

Curium Pharma is a leading global radiopharmaceutical company with proven expertise in the development, manufacturing and supply of radiopharmaceuticals that transform the way cancer is diagnosed and treated. Headquartered in Boston with offices around the world, Curium's mission is to find new and better ways to diagnose and treat cancer.

With a global footprint that extends to more than 70 countries, a skilled and dedicated team of over 5,000 employees, and four manufacturing sites, Curium is uniquely qualified to meet the significant supply and distribution of established products that underlie success in the radiopharmaceuticals market. Curium's global leadership is embodied in a diverse and extensive portfolio of over 45 products, that advance patient care for a wide range of cancers.

Curium's pioneering legacy in nuclear medicine is the foundation of the company's dedication to innovation and portfolio expansion to cancer therapeutics, particularly in neuroendocrine tumors and with a late-stage pipeline exploring opportunities in prostate cancer.

To learn more, visit www.curiumpharma.com.

Inquiries:

Curium Group

Camilla Campell

VP, Head of Global Communications

Camilla.campbell@curiumpharma.com

Bitget Launches Reality Aligned with CEO's 10% Tokenization Vision

Mon, 01 Jun 2026 19:10:00 +0700

VICTORIA, Seychelles, June 01, 2026 (GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange, announced the launch of Reality, a licensed financial platform focused on tokenizing real-world assets (RWAs), connecting eligible global users with tokenized exposure to traditional financial assets through crypto-native ecosystems.

Reality will bring tokenized US stocks and ETFs into Bitget's broader trading ecosystem, giving users access to market exposure traditionally limited by geography, market hours, fragmented platforms, and settlement barriers. The launch marks a key step in Bitget's Universal Exchange (UEX) roadmap, which aims to combine crypto, on-chain markets, and traditional asset access within one platform experience.

Reality is the issuing platform of rTokens, the onchain representations of publicly traded equities and ETFs. Each rToken is 1:1 backed by real shares held with a FINRA-registered, SIPC-protected U.S. Broker-dealer. Reality enforces the industry's highest transparency standards, with independent third-party auditors delivering a live Proof of Asset dashboard and CPA-level audit reports to ensure verifiable asset integrity at all times.

By bridging directly into U.S. equity pools, the protocol supports deep liquidity, institutional-scale entries and exits with optimized slippage, matching traditional order-book efficiency. Corporate actions, including dividends, cash distributions, and stock splits, are matched via a 1:1 deterministic mapping engine. On the ecosystem front, Reality RWAs will be natively integrated into the Bitget exchange. Key use cases include: utilizing tokenized equities as unified account margin to maximize capital efficiency; full compatibility with algorithmic Grid and Copy Trading systems; and deployment across Bitget's native Staking and Lending products.

Reality will operate as Bitget's dedicated real-world asset provider, serving as the specialized arm for the tokenization of traditional financial instruments. Reality functions as the primary layer where traditional market value is standardized for the crypto economy. This alignment ensures that Bitget users have exclusive, seamless access to a secure and regulated environment for RWA trading.

"Reality is built around Bitget's 10% vision: by 2030, nearly 10% of financial assets could exist in tokenized form," said Gracy Chen, CEO at Bitget. "Stablecoins, faster blockchain settlement, and growing interest from major exchanges are pushing RWAs from experiment to market infrastructure. Reality is Bitget's step toward making that future accessible to global users."

Reality is aligned with Gracy Chen's "10% vision" for the RWA industry, which projects that tokenization is still in its early stages. Money market funds and private credit account for only around 0.5-1% of their total markets, while tokenized equities represent just 0.1% of the $125 trillion global equity market. By 2030, Gracy's vision is that nearly 10% of all financial assets could exist in tokenized form.

The launch comes as tokenized equities gain momentum across global markets. Investors are increasingly looking for products that combine familiar assets with faster settlement, broader access, and around-the-clock availability. Reality is designed to meet this demand by bringing traditional asset exposure into Bitget's UEX framework, alongside crypto trading, on-chain tools, AI products, and existing tokenized asset offerings.

Reality will initially focus on tokenized exposure to selected US stocks and ETFs, with further asset expansion planned after launch. Product access, supported assets, trading features, and user eligibility will be subject to applicable laws, regional restrictions, and final launch terms.

The rollout also strengthens Bitget's position in the RWA sector, following its broader push into tokenized stocks, gold, FX, commodities, and other traditional market-linked products. With Reality, Bitget is extending its UEX strategy beyond crypto trading into a wider financial access layer for global users.

Disclaimer

The tokenized assets referenced herein (the "Tokens"), have not been registered under the US Securities Act of 1933, as amended (the "Act"), or the securities or financial instrument laws of any other jurisdiction. The Tokens may not be offered or sold in the United States or to US persons unless registered under the Act or an exemption from the registration requirements thereof is available. Other jurisdiction-based prohibitions and restrictions apply.

Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, any assets, including any Tokens. Digital asset trading involves significant risk and volatility. Past performance is not and will not be an indication of future results. You may lose the full value of your investment and no profit is guaranteed. Please ensure compliance with your local laws and regulations and seek independent professional advice before investing.

About Bitget

Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP?. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c9531ef5-2293-4eb8-9363-b198883cf994

CUKTECH Introduces the 10 Ultra Charger, Delivering a Smarter Next-Generation Charging Experience

Mon, 01 Jun 2026 19:06:00 +0700

JAKARTA, INDONESIA - Media OutReach Newswire - 1 June 2026 - Global smart charging brand CUKTECH has officially launched its latest flagship charger, the CUKTECH 10 Ultra Charger, designed to deliver a faster, smarter, and more efficient charging experience for today's multi-device users.

Featuring 120W ultra-fast charging technology, the CUKTECH 10 Ultra Charger supports multiple mainstream fast-charging protocols, providing stable and efficient charging performance for smartphones, tablets, laptops, and other electronic devices.

The charger comes with a 3C + 1A four-port design, allowing users to charge multiple devices simultaneously. With dynamic power allocation technology, it intelligently distributes power output to ensure stable and efficient charging across different devices, making it ideal for work, travel, and everyday use.

One of the product's standout features is its Bluetooth connectivity and integration with Mi Home for smarter control. Through the app, users can monitor charging status in real time and manage their charging experience more conveniently and intelligently.

The CUKTECH 10 Ultra Charger also features a 1.57-inch TFT smart display that shows real-time charging information such as power output, voltage, current, and temperature, offering a more intuitive and modern charging experience.

Designed with a compact GaN architecture, the charger weighs approximately 234g, making it portable and travel-friendly while maintaining powerful performance.

With years of experience in charging technology innovation, CUKTECH continues to develop products that combine performance, design, and smart technology, bringing next-generation charging experiences to users worldwide.

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

Hashtags: #CUKTECH

ASSOE 2026 Connects Global Buyers with Advanced Safety & Security Solutions Through a Five-Month Online Exhibition

Mon, 01 Jun 2026 19:03:00 +0700

TAIPEI, TAIWAN - Media OutReach Newswire - 1 June 2026 - Asian Safety & Security Online Exhibition 2026 (ASSOE 2026) officially opens today, launching a five-month online exhibition dedicated to the global safety and security industry. Running through October 31, 2026, the exhibition connects international buyers with qualified suppliers across a wide range of safety, security, industrial protection, workplace safety, and smart security sectors.

Organized jointly by AsianNet and the global B2B marketplace TradeAsia (www.e-tradeasia.com), ASSOE 2026 provides suppliers with long-term international exposure while helping buyers efficiently discover products, compare suppliers, and submit sourcing inquiries online. Through TradeAsia's B2B matchmaking platform, the exhibition supports cross-border procurement opportunities and strengthens business connections between global buyers and Asian manufacturers.

Expanding International Sourcing Opportunities Through Global Industry Exposure

To increase global visibility and sourcing opportunities, ASSOE 2026 aligns its exhibition period with several major international industry events, including INTERSCHUTZ 2026, Expo Seguridad M?xico, NSC Safety Congress & Expo, SECURITY ESSEN, and FISP. By running alongside major international industry exhibitions, ASSOE 2026 helps increase global exposure for participating suppliers and creates more sourcing opportunities for international buyers.

Through the ASSOE 2026, buyers can review supplier information, browse product catalogs, and directly contact exhibitors for sourcing inquiries. ASSOE 2026 helps suppliers increase global exposure while giving buyers convenient access to qualified manufacturers and a wide range of safety and security solutions.

Comprehensive Product Categories Across the Safety & Security Industry

The exhibition also features a strong lineup of participating suppliers and manufacturers from across Asia's safety and security industry. International buyers can explore products and sourcing solutions presented by companies including A-BELT-LIN INDUSTRIAL, PAN TAIWAN ENTERPRISE, DORIS INDUSTRIAL, MODERN AUTO, JI JUSTNESS INDUSTRIAL, CLEVER INTELLIGENCE UNITY, PERFECT MEDICAL INDUSTRY, LITEFILM TECH, ET&T TECHNOLOGY, FORMOSA GLOVE INDUSTRIAL, YAU YOUNG AUTO PARTS and HARCO ENTERPRISE.

These exhibitors showcase a diverse range of products and applications covering smart security technologies, industrial safety equipment, protective products, automotive safety solutions, access control systems, and related safety and security applications.

Supporting Global B2B Trade Through Digital Sourcing Solutions

Powered by TradeAsia's B2B platform, ASSOE 2026 provides exhibitors with online product showcases, supplier profiles, and digital e-catalogs designed to increase international exposure and sourcing opportunities.

International buyers can browse products and communicate with suppliers online regardless of location or time zone, making it easier to compare products, evaluate supplier capabilities, and submit inquiries efficiently. The exhibition's long-term online format also enables participating companies to maintain continuous visibility throughout the five-month exhibition period.

By integrating online sourcing, digital promotion, and buyer-supplier matchmaking services, ASSOE 2026 creates an efficient environment for global B2B trade and international procurement across the safety and security industry.

Start Sourcing Now

Explore suppliers, discover products, and connect directly with exhibitors through the official ASSOE 2026 online exhibition platform:

https://www.etradeasia.com/online-show/46/Asian-Safety-Security-Online-Exhibition-2026.html

About TradeAsia

The web-based marketplace located at www.eTradeAsia.com functions as an essential vehicle for global B2B matchmaking by prioritizing transactional outcomes for procurement professionals and corporate vendors worldwide. This expansive network unifies an extensive audience of millions of registered buyers alongside more than 600,000 active manufacturing entities within a constantly evolving product database. Beyond its digital architecture, the enterprise leverages formal partnerships with hundreds of transnational trade federations and industrial expo organizers. This strategic framework merges cloud-based positioning with on-site promotional operations to optimize international market penetration and drive high-impact marketing results across geopolitical boundaries.

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

Hashtags: #TradeAsia

Siam Piwat Reinforces Its "Game Changer" Leadership, Expanding a Global Luxury Ecosystem with World-Class Partners to Unlock New Growth from the Rising HNWIs Economy

Mon, 01 Jun 2026 18:57:00 +0700

Pitch Notes:

The No. 1 Position in Asia's Luxury Market: Siam Piwat captures over 70% of the luxury market share in Thailand, driving the nation to become a premier Global Luxury Destination.

A World-Class Phenomenon: Uniting four cross-industry titans (BELMOND, GALERIES LAFAYETTE, INSIGNIA, and MJETS) to forge the ultimate luxury ecosystem of the future.

Borderless Global Privilege Ecosystem: Seamlessly connecting a comprehensive network to captivate ultra-high-net-worth individuals worldwide.

BANGKOK, THAILAND - Media OutReach Newswire - 1 June 2026 - Siam Piwat Group, owner and operator of Siam Paragon, Siam Center, and Siam Discovery, and joint-venture partner of ICONSIAM and Siam Premium Outlets Bangkok, reinforces its "Game Changer" status by announcing a strategic collaboration with world-class titans: BELMOND (LVMH), GALERIES LAFAYETTE, INSIGNIA, and MJETS.

This alliance strengthens the Global Privilege Partnership and elevates the Global Luxury Ecosystem. It connects the world of luxury for ONESIAM members and partner patrons through high-value experiences across Thailand and the globe. Currently, Siam Piwat commands over 70% of the luxury market share in Thailand, backed by Asia's highest-purchasing-power customer base.

By integrating private aviation, ultra-luxury hospitality, premier department stores, and bespoke lifestyle management, Siam Piwat is shaping a "Borderless Luxury Ecosystem." This milestone solidifies its retail leadership and drives Thailand to become a premier global luxury hub.

Mrs. Saruntorn Asaves, First Executive Vice President at Siam Piwat Co., Ltd., stated "Siam Piwat remains committed to its 'Co-creation & Collaboration' strategy. In the high-value luxury sector, we possess deep expertise in catering to global High-Net-Worth individuals. In 2025, our premium members recorded expenditures exceeding 1 million Baht per transaction, with annual spending surpassing average customers by 35 times. This year's partnership aims to elevate Thailand into the Luxury Hub of the World by integrating databases and cross-industry advantages to deliver ultimate privileges."

Uniting 4 World-Class Partners into the Global Partnership Ecosystem

Elevated Travel Experiences with BELMOND (LVMH): Revolutionizing travel through curated journeys. Members enjoy 1-1 travel planning and VIP welcomes at legendary hotels or traveling aboard Belmond's iconic luxury trains worldwide.

Exceptional Services with INSIGNIA: Elevating lifestyles via 24/7 bespoke client services and highly personalized support, seamlessly curated to fulfil every desire without geographical boundaries, from securing reservations at sought-after restaurants and gaining access to exclusive global events.

Seamless Travels with MJETS: Completing the puzzle of limitless mobility through bespoke private jet services, elite airport lounge access, and luxury chauffeur transfers directly from the runway to Siam Piwat's landmarks.

Seamless Shopping with GALERIES LAFAYETTE: Bestowing exclusive privileges across two continents. In Paris, members enjoy access to a Private Personal Shopping Lounge, dedicated personal shoppers, and expedited tax refunds.

Joining Forces with Global Partners to Offer Curated World-Class Privileges

Beyond these four titans, Siam Piwat's Global Privilege Partnership network includes international retail leaders such as PARCO (Japan), TAIPEI 101 (Taiwan), Hong Kong Times Square, ION Orchard (Singapore), Pavilion Kuala Lumpur (Malaysia), Plaza Indonesia, FOSUN (China), and Hyundai Department Store (South Korea).

ONESIAM members receive exclusive discounts, promotions, and VIP hospitality abroad. Reciprocally, international partner members visiting Siam Piwat's destinations enjoy premium privileges, including lounge access and dedicated customer relationship assistance. Furthermore, Siam Piwat has integrated database infrastructures with its partners to analyze customer insights, enabling hyper-personalized offers that foster long-term relationships.

"This synergy marks a monumental step toward borderless growth, establishing a definitive new benchmark for the ultimate luxury lifestyle experience," concluded Mrs. Saruntorn.

Siam Piwat

Siam Piwat is a leading retail and real estate developer behind Bangkok's most iconic destinations, including Siam Paragon, Siam Center, Siam Discovery, ICONSIAM, and Siam Premium Outlets Bangkok, globally recognized for pioneering experiential destinations.

For over six decades, Siam Piwat has been renowned for creating iconic destinations and world-class experiences, continuously redefining Bangkok's retail landscape through award-winning developments that set new global benchmarks. Guided by creativity, innovation, and sustainability, the company continues to lead with a bold vision s that inspire, engage, and delight customers from around the world, while creating long-term value for society, businesses, and future generations.

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

Hashtags: #SiamPiwat #GameChanger #ONESIAMMember #GlobalPartnershipEcosystem #BorderlessPrivilege

CAPHRA Calls for Full Stakeholder Inclusion in Tobacco Control Policy

Mon, 01 Jun 2026 18:55:00 +0700

MANILA, Philippines, June 01, 2026 (GLOBE NEWSWIRE) -- The Coalition of Asia Pacific Harm Reduction Advocates (CAPHRA) has released a position paper calling on policymakers across the Asia Pacific region to adopt a formal inclusion standard for all significant public health and tobacco control policy work. The paper argues that policies designed without meaningful input from affected communities routinely underperform, erode public trust, and generate unnecessary resistance.

Why Inclusive Policy Works Better

Public health policies succeed when the people they affect understand them, accept them, and can follow them. When affected groups are left out of the design process, the result is poor uptake, confusion, and community pushback. CAPHRA's position paper identifies a clear and repeatable cycle: when trust falls, misinformation grows, resistance increases, and governments spend resources managing conflict rather than improving health outcomes.

Meaningful inclusion breaks that cycle. When stakeholders are engaged early, policy becomes stronger, easier to explain, and more likely to reach the right people at the right time. It also improves safety by surfacing practical problems before rollout rather than after harm has occurred.

What Inclusion Means in Practice

Inclusion is not consultation after decisions have already been made. CAPHRA defines genuine inclusion as structured engagement that begins at the problem definition stage, before policy options are narrowed. It requires hearing from patients, families, community leaders, front-line health workers, service providers, and researchers, including groups that are routinely excluded from formal processes.

The position paper is clear that inclusion must be protected from two specific failures. Tokenism occurs when people are invited to participate but not taken seriously. Capture occurs when a single interest group shapes the process to suit its own agenda. CAPHRA recommends that policymakers address both risks through transparent rules on representation, declared interests, rotating membership, and decisions grounded in both evidence and lived experience.

A Practical Standard Policymakers Can Adopt Now

CAPHRA's recommendation is direct and implementable: adopt an inclusion standard that requires early engagement with affected communities and front-line services, and that mandates a plain-language public summary explaining who was consulted, what was heard, and what changed as a result. This standard does not require large budgets or slow timelines. Practical methods include small roundtables, targeted interviews, and community feedback sessions held in trusted settings.

Where meaningful participation takes significant time or effort, CAPHRA recommends that participation be compensated. Inclusion should not be limited to those with the strongest networks or the most flexible schedules. Meeting times, language, and access must be designed to remove barriers, not create them.

Measuring Real Inclusion

CAPHRA calls for inclusion to be measured, not assumed. Policymakers should track whether engagement happened early in the process, whether the right groups were present, and whether feedback led to concrete changes in policy design. Outcome measures should include service use, public understanding, trust levels, and whether the policy reached communities with the greatest need. These indicators distinguish genuine participation from procedural compliance.

The paper can be read in full at the following link: https://caphraorg.net/wp-content/pdf/CAPHRA-PP-Inclusion_June.pdf

MEDIA CONTACT:

N.E. Loucas, Executive Coordinator

neloucas@caphraorg.net

UGRO: urban-gro, Inc. (Nasdaq: UGRO) Announces Lanka Premier League Season 6 Player Auction Set for June 1, 2026 @ 5:00 AM EDT (2:30 PM Colombo Time)

Mon, 01 Jun 2026 18:44:00 +0700

Worldwide Fans Invited to Follow Live at https://lpl.flashsportsandmedia.com

LPL Season 6 player auction to take place June 1, 2026, ahead of the July-August 2026 tournament; fans and investors can visit theipggroup.com, LPL for live auction updates, event schedules, and franchise information; UGRO positioned across LPL media, sponsorship, and activation economics through subsidiary Innovative Production Group FZ, LLC

LAFAYETTE, Colo., May 31, 2026 (GLOBE NEWSWIRE) -- urban-gro, Inc. (Nasdaq: UGRO) ("urban-gro" or the "Company"), operating through Flash Sports & Media, Inc., today announced that the Lanka Premier League ("LPL") Season 6 Player Auction is scheduled for June 1, 2026, 5:00 AM EDT (2:30 PM Colombo Time) marking a key milestone in the build-up to the sixth edition of the tournament, set to take place in July and August 2026. The auction will determine squad compositions across the five confirmed franchises - Colombo, Dambulla, Galle, Kandy, and Jaffna Kings - ahead of the tournament window.

Fans, cricket enthusiasts, and investors are encouraged to visit LPL for live auction coverage, real-time updates, franchise and squad information, and the full Season 6 event schedule. The site will serve as the central hub for LPL Season 6 news, broadcast details, and on-ground activation announcements as the tournament approaches.

The LPL Player Auction is a central event in league operations, through which franchises build their playing squads from a pool of Sri Lankan and international T20 cricketers. The June 1 auction precedes the tournament window and will set the competitive landscape for Season 6. The league is owned by Sri Lanka Cricket ("SLC") and conducted in partnership with Innovative Production Group FZ, LLC ("IPG") (a subsidiary of NASDAQ: UGRO) as its official event rights holder, under existing commercial arrangements and does not own, operate, or control the league or any franchise.

Season 6 - Confirmed Franchise Lineup

Field	Details
Tournament window	July and August 2026
Player Auction date	June 1, 2026
Edition	Sixth edition of the Lanka Premier League
Franchises confirmed	Five franchises confirmed for Season 6
Franchise names	Colombo, Dambulla, Galle, Kandy, Jaffna Kings
League ownership	Owned by Sri Lanka Cricket; conducted in partnership with The IPG Group
Live event / auction info	www.theipggroup.com, https://lpl.flashsportsandmedia.com

How to Follow the Auction and Season 6 Live

The LPL Season 6 Player Auction on June 1, 2026, will be accessible to fans worldwide. To follow all auction activity, squad announcements, broadcast schedules, and on-ground event activations, visit LPL.

The site will provide real-time updates during the auction, including franchise bids, player assignments, and squad compositions as they are finalized. Additional Season 6 content - including match schedules, venue information, and media coverage details - will be published on the site in the weeks leading up to the tournament.

Strategic Context for UGRO

Following its combination with Flash Sports & Media, Inc. and the integration of IPG, the Company participates in the LPL as a sports, media, and experiential platform, with exposure to the tournament's media, sponsorship, and on-ground activations through its contractual arrangements with the league. The June 1 Player Auction and the subsequent July-August 2026 tournament represent the first full season under the Company's current operating structure following the IPG integration. Actual revenues will depend on the specific terms of the Company's contractual arrangements and on overall tournament outcomes, and may differ materially from any industry-level references included in this release.

Industry Context (Third-Party Data)

For general reference only, third-party reports describe T20 cricket as a high-engagement global format with an estimated fan base of approximately 2.5 billion across South Asia, Southeast Asia, the Caribbean, the United Kingdom, and other markets. IPL media rights, for a mature comparable league, have been reported at over USD 6 billion for a five-year cycle. Industry estimates have referenced local economic impact for prior LPL seasons in the USD 25?30 million range. These figures relate to the broader industry or other leagues and are not a projection of the Company's financial results, revenues, or economic impact from LPL Season 6, and should not be relied on as such.

Disclaimer

The Company does not own, operate, or control the Lanka Premier League, its franchises, any franchise ownership group, or any governing body. References to franchise ownership, including the Kandy Royals and Jaffna Kings, reflect announcements made by the relevant franchises, ownership groups, the league, or third-party media, and are provided solely for general context. The Company's involvement is limited to its contractual rights and services through Innovative Production Group FZ, LLC and related commercial arrangements. References to league operations, franchise ownership, player participation, market size, or economic impact are based on third-party information or industry estimates. The Company's actual revenues, if any, will depend on its contractual arrangements and may differ materially from industry metrics referenced herein. Nothing in this press release constitutes an offer to sell, or a solicitation of an offer to buy, any securities.

About urban-gro, Inc.

Following its combination with Flash Sports & Media, Inc. ("Flash") and the integration of Innovative Production Group FZ, LLC, urban-gro, Inc. is a diversified sports, media, and experiential marketing platform focused on the creation, production, and monetization of live events, original content, and branded fan experiences. The Company operates across multiple sports and entertainment verticals, leveraging proprietary intellectual property, strategic partnerships, and experiential activations to engage audiences and deliver value for brands, sponsors, and media partners.

About Lanka Premier League

The Lanka Premier League is a professional T20 cricket tournament bringing together Sri Lankan and international players. The league is owned by Sri Lanka Cricket and operated in partnership with The IPG Group, its official event rights holder. Season 6 is scheduled to take place during July and August 2026. For additional information, visit: https://srilankacricket.lk

About Twenty20 Cricket

Twenty20 (T20) is a format of cricket in which each team plays a maximum of 20 overs. Introduced by the England and Wales Cricket Board in 2003, T20 matches are typically completed in approximately three and a half hours. For more information, visit: http://www.t20worldcup.com

Investor Relations Contact

Investors@flashsm.com

Company Websites

https://flashsportsandmedia.com

https://www.theipggroup.com

Company Handles :

Instagram: @flash_sportsmedia

TikTok: @flash_sportsandme

YouTube: @FlashSportsandMedia

Facebook: @FlashSportsandMedia

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the timing, conduct and anticipated scope of Lanka Premier League Season 6, the scheduled player auction, anticipated tournament activities, media coverage, sponsorship opportunities, fan engagement, on-ground activations, the Company's participation in commercial opportunities relating to the LPL through Innovative Production Group FZ, LLC, and the Company's ability to develop, integrate and monetize its sports, media and experiential business.

Forward-looking statements are based on current expectations, estimates and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the possibility that the player auction, tournament schedule, franchise participation, broadcast arrangements, sponsorships, activations or other LPL-related activities may be delayed, modified or cancelled; the Company's limited role in, and lack of control over, the ownership, governance, operations, scheduling and commercial activities of the LPL and its franchises; risks relating to the Company's contractual arrangements with third parties, including IPG and other commercial counterparties; the possibility that anticipated revenues, sponsorships, media rights opportunities, traffic, engagement or other commercial benefits may not materialize; integration risks relating to Flash Sports & Media, Inc. and IPG; international, regulatory, geopolitical, foreign exchange, payment and operational risks; and the Company's ability to maintain compliance with Nasdaq listing standards.

Market, industry and economic data referenced in this press release are based on third-party sources and estimates that the Company has not independently verified and are not projections of the Company's financial results. Additional risks are described in the Company's filings with the SEC, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings available at www.sec.gov.

Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update any forward-looking statements except as required by law.

Source: urban-gro, Inc. (Nasdaq: UGRO)

CGTN: China-Africa ties at 70: From shared struggles to a common dream of modernization

Mon, 01 Jun 2026 18:38:00 +0700

BEIJING, May 31, 2026 (GLOBE NEWSWIRE) -- This year marks the 70th anniversary of China-Africa relations. CGTN has published an article highlighting Africa's priority role in China's overall foreign policy, while tracing how the China-Africa partnership has been forged and strengthened over decades.

The article also explores how deepening cooperation in recent years has helped enhance the voice and representation of the Global South, and contributed to advancing a more balanced and democratic international order.

As Chinese President Xi Jinping and Egyptian President Abdel-Fattah al-Sisi exchanged congratulatory messages on Saturday to mark the 70th anniversary of China-Egypt ties, the occasion also highlighted a broader milestone: seven decades of China-Africa relations.

Xi noted that over the past 70 years, China-Egypt relations have become a model of amity, solidarity and cooperation among developing countries, as well as a benchmark for cooperation between China and Arab states and between China and Africa.

Today, China-Africa relations have evolved from a friendship forged in shared struggles into a dynamic partnership dedicated to development, modernization and the rise of the Global South.

From solidarity to strategic partnership

The foundations of China-Africa friendship were laid during a period of profound political change.

From the 1950s to the 1970s, China firmly supported African countries in their struggles for national independence and liberation. African nations, in turn, played a decisive role in restoring the lawful seat of the People's Republic of China at the United Nations in 1971. Of the 76 votes cast in favor of the resolution, 26 came from African countries ? laying a strong foundation for China-Africa mutual trust.

Earlier this year, Chinese Foreign Minister Wang Yi visited Africa, continuing a 36-year tradition of making the continent the destination of China's foreign minister's first overseas trip each year, highlighting the importance of China-Africa relations.

Over the past two decades, China-Africa cooperation has expanded rapidly. The establishment of the Forum on China-Africa Cooperation (FOCAC) in 2000 provided an institutional framework for cooperation, while China's Africa policy of sincerity, real results, amity and good faith further guided bilateral relations. In 2015, the two sides elevated their ties to a comprehensive strategic cooperative partnership and launched the "Ten Cooperation Plans," setting a strong foundation for rapid modernization across the African continent.

At the 2024 FOCAC summit, China and Africa further upgraded their relationship to an all-weather community with a shared future for the new era. China also expanded duty-free access from 33 African countries to all 53 African countries with diplomatic ties by 2025, becoming the first major economy to grant unilateral zero-tariff treatment across all product categories to every African country with which it has diplomatic relations.

Humphrey Moshi, a prominent Tanzanian economist, described China-Africa cooperation as a significant example of Global South solidarity. He said such solidarity helps transform developing countries from "passive participants" into "active shapers" of international rules.

Advancing modernization through practical cooperation

While political trust forms the foundation of China-Africa relations, economic cooperation has become both the stabilizer and growth engine of the partnership.

According to data released by China's General Administration of Customs, China-Africa trade reached a record $348 billion in 2025, up 17.7% from the previous year, with China remaining Africa's largest trading partner for the 17th consecutive year. The momentum has continued into 2026. In the first quarter alone, China's trade with the African countries totaled 646.56 billion yuan ($92.2 billion), a year-on-year increase of 23.7%.

At the same time, the Belt and Road Initiative has reshaped connectivity across the continent by upgrading the railway system with projects such as the Tazara Railway and the Mombasa-Nairobi Standard Gauge Railway, which are flagship projects that set examples for high-quality Belt and Road cooperation between China and Africa.

According to China's Foreign Ministry, China has signed debt-relief agreements or reached debt-relief understandings with 19 African countries as of 2023, making it the largest contributor to debt-service suspension efforts under the G20 framework.

Meanwhile, China has trained tens of thousands of African professionals through scholarships, vocational training and educational exchange programs. As of June 2025, China has established 17 Luban Workshops across 15 African countries, while the China-Africa university cooperation plan, a higher education initiative pairing Chinese universities with African institutions, has connected 114 higher education institutions.

Paul Frimpong, executive director and senior research fellow of the Africa-China Centre for Policy & Advisory, said China's contribution to Africa's development is increasingly visible.

"China's sharing of knowledge, skills and experience in sectors such as manufacturing and green energy is having a profound impact on Africa's journey toward modernization and self-reliance," he added.

https://news.cgtn.com/news/2026-05-30/China-Africa-ties-at-70-Path-to-a-shared-dream-of-modernization-1NzbT7rDWhy/p.html

CGTN Digital

cgtn@cgtn.com