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- Hybrid Aircraft - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031) - Emissions Mandates Accelerate Hybrid Aircraft AdoptionEmissions rules and battery advances are accelerating hybrid regional aircraft, eVTOL, autonomous cargo and military UAVs, while certification gaps and powertrain weight remain hurdles.
- EverbridgeEverbridge and Arcadis Partner to Help Organizations Assess and Manage Climate RiskVIENNA, Va., September 01, 2026--Everbridge, the global leader in High Velocity Critical Event Management (CEM) and national public warning solutions, today announced a strategic partnership with Arcadis, a global leader in design, engineering, and consultancy solutions. Together, the companies will help organizations better assess, manage, and reduce climate-related risks across their operations, facilities, and supply chains.
- GLOBAL POWER SOLUTIONS PROVIDES UPDATE ON POTENTIAL REACTIVATION OF PERU HOSPITAL PROJECTGlobal Power Solutions Corp. (TSXV: PWER) (FSE: NJA) (“Global Power” or the “Company”) is pleased to provide an update regarding the potential reactivation of a previously announced hospital development project in Peru involving EsSalud, Peru’s Social Health Insurance authority. The Company’s predecessor, Minaean SP Construction Corp., previously entered into a Memorandum of Understanding (“MOU”) with EsSalud in connection with the proposed development and construction of a 224-bed hospital in Chiclayo, Lambayeque Province, Peru. The project did not advance during the period of political and administrative change in Peru, and the previous MOU has since expired. Representatives of the current EsSalud administration have recently expressed interest in reopening discussions regarding the proposed hospital project and potentially negotiating a new MOU with Global Power. The Company expects to receive formal correspondence from EsSalud regarding potential next steps. Should discussions progress, a new MOU would be required before the parties could proceed with further project development. Pete Medved, President and Chief Executive Officer of Global Power Solutions Corp., commented: “We are encouraged by the renewed interest in this project. The original hospital initiative represented a significant infrastructure opportunity for the Company, and we welcome the opportunity to re-engage with EsSalud and determine whether a new framework can be established to move the project forward. Our immediate focus will be on confirming the project requirements with EsSalud, reconnecting with our Canadian partners and evaluating an appropriate structure for potential Canadian participation.” Potential Canadian Consortium and Project Structure The previous project framework contemplated the formation of a Canadian consortium and potential participation by the Canadian Commercial Corporation (“CCC”), together with potential export-credit financing. If discussions with EsSalud progress, Global Power intends to re-engage with potential Canadian project partners and explore an appropriate consortium structure for consideration by CCC. Any participation by CCC, Export Development Canada (“EDC”) or another export credit agency would remain subject to their respective due diligence, review and approval processes. No financing arrangements or CCC participation have been finalized in connection with a renewed project. Next Steps Subject to further discussions with EsSalud, the Company anticipates that potential next steps may include: * receiving formal communication from EsSalud regarding the proposed reactivation of the project; * reviewing and confirming the current scope and requirements of the proposed hospital; * negotiating a new MOU with EsSalud; * re-engaging with potential Canadian consortium partners; and * evaluating potential project delivery and financing structures, including possible engagement with CCC and applicable export credit agencies. The Company will provide further updates if and when material developments occur. There can be no assurance that a new MOU will be executed, that CCC or any export credit agency will participate in the project, that financing will be obtained, or that the proposed hospital project will proceed on its previously contemplated terms or at all. About Global Power Solutions Corp. Global Power Solutions Corp. is expanding its business strategy to become a provider of innovative clean energy infrastructure designed to support the rapidly growing power requirements of AI data centres and mission-critical facilities. The Company is focused on developing hydrogen-enabled baseload power solutions that provide reliable, scalable and sustainable energy where traditional grid infrastructure is constrained or unavailable. In addition, Global Power continues its established operations in the manufacture of light gauge steel components and modular building systems for the construction industry. We seek Safe Harbor. On behalf of the Board: Global Power Solutions Corp. "Peter Medved " CEO Tel: 604.684.2181 | Email: [email protected] | https://globalpowercorp.com/ Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Disclaimer for Forward-Looking Information This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws relating to the business and operations of Global Power Solutions Corp. (“Global Power” or the “Company”). Forward-looking statements in this release may include, but are not limited to, statements regarding the development and deployment of the Company’s modular hydrogen power systems, the identification and establishment of potential manufacturing or staging facilities, the integration of licensed and commercially available hydrogen technologies, potential system efficiencies, future commercial applications, and the ability of the Company to obtain any required regulatory approvals. Forward-looking statements are often, but not always, identified by the use of words such as “plans,” “expects,” “is expected,” “scheduled,” “intends,” “anticipates,” “believes,” “contemplates,” “proposes,” “estimates,” or similar expressions, or statements that certain actions, events, or results “may,” “could,” “would,” “might,” or “will” be taken, occur, or be achieved. Forward-looking statements are based on the current expectations, assumptions, and beliefs of management as of the date of this release. Actual results and developments may differ materially from those contemplated by these statements due to a variety of known and unknown risks, uncertainties, and other factors. These risks and uncertainties include, but are not limited to, risks related to the development and commercialization of hydrogen energy technologies, the integration of third-party equipment and technologies, the availability of suitable manufacturing locations and partners, the ability to obtain necessary regulatory approvals, changes in economic or market conditions, supply chain factors, technological development risks, and the ability of the Company to successfully execute its business strategy. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated, or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements contained in this release are made as of the date of this release.
- Hong Kong's Belt and Road Summit explores new cross-regional opportunities this SeptemberHONG KONG, Sep 1, 2026 - The 11th Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), will be held from 9 to 10 September (Wednesday to Thursday) at the Hong Kong Convention and Exhibition Centre in Wan Chai. For over a decade, Hong Kong has brought together government and business leaders from Belt and Road countries and regions to deepen local, regional economic and trade ties through this signature event. With the theme of Advancing High-quality Development - Embarking on a New Journey, this year’s Belt and Road Summit will explore fresh potential arising from new patterns of regional cooperation in trade, investment and development among Belt and Road and other markets, particularly ASEAN, Central Asia and the Middle East. Presenting insights from nearly 100 distinguished policymakers and business leaders, new multifaceted thematic showcases and business matching activities, this year’s Summit offers a wealth of knowledge, extensive networks and quality investment and business opportunities, facilitated through Hong Kong, the global business platform that connects the Chinese Mainland and the world. The 11th Belt and Road Summit will be held from 9 to 10 September (Wednesday to Thursday) at the Hong Kong Convention and Exhibition Centre in Wan Chai. In 2025 (shown in photo), the event’s 10th edition attracted 6,200 participants from 70+ countries and regions. The picture shows the Belt and Road Summit in 2025. Anna Cheung, Associate Executive Director of the HKTDC, said: "Amid the reconfiguration of the global economic landscape, Hong Kong has been both an important platform for Mainland enterprises to go global and a preferred gateway for international enterprises to enter the Mainland and Asian markets. As a core member of the GoGlobal Task Force which was established by the HKSAR Government to facilitate enterprises to go global, the HKTDC has been leveraging Hong Kong’s strengths as an international business and investment platform to facilitate cooperation. To further support Mainland enterprises in tapping opportunities in the Belt and Road and other emerging markets, this year’s Belt and Road Summit will introduce a dedicated Go Global Chapter, featuring thematic breakout sessions focusing on go global opportunities and Hong Kong’s professional services strengths, the newly established GoGlobal Connect Zone for service providers, roundtable discussions and the GoGlobal Business Study Mission to Nansha, Guangzhou. These initiatives will further strengthen Hong Kong’s role as a ‘superconnector’ and ‘super value-adder’, promoting high-quality cooperation in Belt and Road and other markets. The HKTDC has also been actively advancing cross-regional economic and trade cooperation. This year, we have organised a business delegation to visit Belt and Road countries and regions and hosted the flagship overseas promotion event ‘Think Business, Think Hong Kong’ in Malaysia, continuing to develop new markets, connect with new partners and explore new opportunities, further leveraging Hong Kong’s strengths in connecting the Chinese Mainland and the world, while deepening Hong Kong’s links with global markets." This year’s Belt and Road Summit will feature a new GoGlobal Connect Zone, showcasing professional services solutions across different sectors in Hong Kong and providing consultation and practical support for enterprises going global. The picture shows the Asia Summit on Global Health held in May 2026, featuring the “GoGlobal Connect” and the Business of Healthcare Advisory Zone. New directions in global economic development from the policy perspective The first day of the Summit will open with exchanges between government and corporate leaders. The Opening Session will feature heavyweights such as John Lee, Chief Executive of the HKSAR, Carolina Cosse, Vice President of Uruguay, Saleumxay Kommasith, Deputy Prime Minister of Laos, and Professor Frederick Ma, Chairman of the HKTDC, sharing their perspectives on global economic and trade development from the policy and international cooperation perspectives. The highly anticipated Policy Dialogue session, with the theme of Building Resilient Trade and Investment Frameworks in a Diverse Global Landscape, will be chaired by Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR. He will exchange views with such government officials as Khandakar Abdul Muktadir, Minister for Commerce, Industries, Textiles and Jute of Bangladesh, Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security and Co-operative Development of Sri Lanka, and Dr Kirida Bhaopichitr, Vice Minister for Commerce of Thailand, to discuss strengthening cross-border trade and investment cooperation and enhancing economic resilience, as well as sharing experiences in promoting trade facilitation and investment cooperation. The Business Plenary I: Harnessing Business Opportunities for Sustainable Growth and Shared Prosperity session, with a market focus on ASEAN and Central Asia, will explore how enterprises can promote sustainable development and achieve more inclusive economic growth while expanding business opportunities and advancing investment cooperation. The session will be chaired by Dr Victor K Fung, Chairman of Fung Investments, and feature Dr Jonathan Choi, Chairman of Sunwah Group, Shinta Widjaja Kamdani, CEO of Sintesa Group and Chairman of the Indonesian Employer Association, Vikrom Kromadit, CEO of Amata Corporation PCL, Farkhad Rashidovich Okhonov, Member of the Board of Directors and Chairman of the Management Board of Halyk Finance, Somboun Phongsavanh, Chairman of Shareholder Committee, Phongsavanh Group. They will share practical experiences from different markets and industries and explore ways to seize cross-border cooperation opportunities and foster mutual benefit and win-win cooperation. The Keynote Luncheon will feature welcome remarks by Paul Chan, Financial Secretary of the HKSAR, opening remarks by Wang Shuguang, Vice Chairman of the Board, President and Member of the Management Committee of China International Capital Corporation Limited, and a keynote address by Dr Kao Kim Hourn, Secretary-General of ASEAN. Exploring cooperation with Central Asia and the Middle East to support enterprises in going global through Hong Kong Continuing to focus on expanding international markets, deepening cross-regional cooperation and advancing high-quality development, this year’s Summit will introduce new thematic chapters, namely, the Go Global Chapter, Central Asia Chapter and Middle East Chapter. The new Go Global Chapter will provide a one-stop platform for Mainland enterprises to exchange ideas and connect with potential partners as they expand overseas. On the first day, the Thematic Breakout Session Hong Kong: Super Connector - World-class Springboard – Professional Services Empowering Global Expansion will explore how Hong Kong’s professional services can support enterprises in expanding into Belt and Road markets. On the second day, the Thematic Breakout Session Chinese Mainland Enterprises Going Global: Driving Mutual Growth Across Belt and Road Economies will further share practical experiences of enterprises expanding into overseas markets. In addition, the Summit will feature a new GoGlobal Connect Zone, showcasing professional services solutions across different sectors in Hong Kong and providing consultation and practical support for enterprises going global. The Summit will also arrange one-on-one meetings between Mainland enterprises seeking to expand overseas and potential partners and service providers, as well as hold roundtable discussions on going global, providing more comprehensive and enhanced support for Mainland enterprises expanding overseas. The Summit will also organise the GoGlobal Business Study Mission to Nansha, Guangzhou, enabling participants to gain first-hand understanding of development and investment opportunities in the Greater Bay Area. Central Asia and Middle East Chapters showcase investment opportunities Following the successful delegations led by John Lee, Chief Executive of the HKSAR, and organised by the HKTDC over the past two years, Hong Kong, Central Asia and the Middle East have strengthened ties with reciprocal exchanges. The Summit will further enhance these ties by inviting government officials and business leaders from these regions to share their latest development opportunities and investment prospects, and will feature a dedicated Central Asia Chapter and a Middle East Chapter, featuring consulates, business organisations and companies showcasing investment projects and commercial opportunities across the regions. The two-day Project Investment Sessions held during the Summit will also explore investment, infrastructure, smart city and professional services opportunities arising from major development projects in Central Asia and the Middle East. The Cocktail Reception will be officiated by Paul Lam, Secretary for Justice of the HKSAR, who will deliver welcoming remarks. The reception will also feature ethnic music performances, allowing participants to gain a deeper understanding of Central Asia and Middle East from another perspective and promoting cultural exchanges. Global expert insights on finance, technology, green development and youth The second day of the Summit will open with a special address session, featuring Professor Teresa Cheng, Secretary-General of the International Organization for Mediation and other distinguished guests. Making its debut this year, a Dialogue for Future session themed Think Tank Dialogue: The Belt and Road Initiative and Asia-Pacific Cooperation in a Changing Global Landscape will feature a conversation between Professor Li Cheng, Director of Centre on Contemporary China and the World and Professor of School of Governance and Policy, The University of Hong Kong and Gim Huay Neo, Managing Director of Member of the Managing Board, World Economic Forum. A Business plenary on the same day, themed Unlocking New Market Opportunities along and beyond the Belt and Road, will focus on the Middle East and African markets. Chaired by Professor KC Chan, Chairman of WeLab Bank, the panel of speakers will include Mansoor Rashid Al-Khater, Chief Executive Officer of Qatar Financial Centre, Muneer Ali Al Muneeri, Deputy President for Operations of Oman Investment Authority, Dr Mteto Nyati, Chairman of Eskom, Cliff Zhang, CEO & Founding Partner of Templewater Hong Kong Limited and Samaila Zubairu, President and Chief Executive Officer of Africa Finance Corporation. The session will examine the immense potential of emerging markets within and beyond the Belt and Road countries and regions amid evolving global business landscapes, as well as how Hong Kong can support global enterprises in capturing new market opportunities. Alongside themes of Finance, Green Development, Youth and Technology, this year’s summit will introduce brand-new thematic breakout sessions including going global and the low-altitude economy. From corporate global expansion and emerging-industry advancement to talent nurturing, these sessions will explore fresh opportunities for high-quality development. Among them, the Thematic Breakout Session: Dialogue with Youth Business Leaders - Hong Kong as an International Hub for High-Calibre Talent will discuss how Hong Kong can leverage its strengths in local education, research, innovation and technology to attract top talent worldwide and inject new momentum into Hong Kong and regional growth. Project investment enhanced with signature projects and extended deal making The Summit will once again host Project Investment Session, Belt and Road Summit Deal Making and Exhibition zone, featuring more than 300 investment projects, with a combined investment value exceeding US$3.7 billion, and over 800 one-on-one project matching meetings to help enterprises connect with potential partners. The Project Investment Session will provide a platform for project owners from different countries to present their projects, giving investors and service intermediaries a comprehensive understanding of the investment opportunities in different sectors. Pitching sessions will focus on five main areas: (1) energy, natural resources and public utilities, (2) urban development, (3) New Market Focus: The Middle East, Africa and Latin America, (4) transport and logistics infrastructure, and (5) innovation and technology. The Signature Projects Session will highlight the massive infrastructure and investment potential of Alatau City and Data Centre Valley in Kazakhstan, as well as the Ankara-Istanbul High-Speed Rail in Türkiye. The Belt and Road Summit Deal Making session will create vital negotiation opportunities for participants. Running in parallel with the Summit and extended online from 14 to 15 September, it pools global resources and facilitates long-term collaboration and resource integration through one-on-one meetings. The exhibition zones bring together over 120 exhibitors. Alongside the Hong Kong Zone and Global Investment Zone, three new zones have been introduced this year. The University Zone assembles local universities to showcase research outputs, innovative technologies and talent-related strengths. The GreenTech Zone features artificial intelligence, green technologies and smart-city solutions, building bridges between technology enterprises and investors. The GoGlobal Connect Zone displays services and resources supporting enterprises’ overseas expansion, connecting businesses to global commercial networks and empowering them to tap into international markets. There are also regional-themed zones, including the returning Chinese Mainland Zone and the ASEAN Zone, which showcase promising investment projects and business opportunities from Belt and Road markets. The 11th Belt and Road Summit is supported by a wide range of partners, including China International Capital Corporation Limited as Strategic Partner, and Bank of China (Hong Kong) Limited as the Banking Partner. Other supporters include Standard Chartered Bank (Hong Kong) Limited as Cross-border Business Partner, The Hongkong and Shanghai Banking Corporation Limited as the Global Connectivity Partner, Huatai International Financial Holdings Company Limited as Innovative Finance Partner, International Financial Centre of Oman as Diamond Sponsor, as well as CCB International (Holdings) Limited and China Mobile International Limited as Platinum Sponsors. New ASEAN Market Day to be held alongside Belt and Road Week The Belt and Road Summit is one of the key flagship events of Belt and Road Week, a themed week featuring events related to the Belt and Road Initiative held around Hong Kong. With representatives of ASEAN member states coming to Hong Kong to participate in the Summit, the HKTDC will introduce a new flagship event, ASEAN Market Day, which will be held on the afternoon of 10 September. The event, the first in a series of market days, will bring together business leaders and experts to share practical experience, helping Hong Kong businesses, particularly SMEs, gain a deeper understanding of the latest development trends and business opportunities in different ASEAN markets before taking steps to expand. Following the session, participants can visit the ASEAN Zone at the Summit for consultation sessions with representatives from the HKTDC’s offices in ASEAN and various ASEAN Consulates General and associations to exchange views and connect with potential partners. Looking ahead, the HKTDC will continue with the series of market days focusing on different regions with high business potential, such as Africa and the Middle East, and closer to home, the Guangdong-Hong Kong-Macau Greater Bay Area in the Chinese Mainland. Held alongside the Summit is the Belt and Road Global Forum Annual Roundtable, a closed-door roundtable held on the morning of 11 September, which brings together Hong Kong, Mainland and international organisations and business associations to share information, interact and explore multilateral cooperation. The 11th Belt and Road Summit Date 9 to 10 September 2026 Venue Hall 5B-E, Hong Kong Convention and Exhibition Centre Remarks Video and audio recordings at the Summit should be used only in the context of media reporting Media Registration Please contact [email protected] or [email protected] for media registration Websites Belt and Road Summit: https://www.beltandroadsummit.com/conference/bnr/en Programme: https://www.beltandroadsummit.com/conference/bnr/en/programme Speaker list: https://www.beltandroadsummit.com/conference/bnr/en/speaker Media representatives who would like to conduct interviews with the speakers, please submit interview requests to [email protected] or [email protected] by 4 September 2026. Photo download: https://bit.ly/45WBpUo The 11th Belt and Road Summit will be held from 9 to 10 September (Wednesday to Thursday) at the Hong Kong Convention and Exhibition Centre in Wan Chai. In 2025 (shown in photo), the event’s 10th edition attracted 6,200 participants from 70+ countries and regions. The picture shows the Belt and Road Summit in 2025. This year’s Belt and Road Summit will feature a new GoGlobal Connect Zone, showcasing professional services solutions across different sectors in Hong Kong and providing consultation and practical support for enterprises going global. The picture shows the Asia Summit on Global Health held in May 2026, featuring the “GoGlobal Connect” and the Business of Healthcare Advisory Zone. Media Enquiries Yuan Tung Financial Relations:Louise Song Tel: (852) 3428 5691 Email: [email protected] Leung Tel: (852) 3428 2361 Email: [email protected] Wong Tel: (852) 3428 3122 Email: [email protected] HKTDC’s Communications & Public Affairs DepartmentNavin Law Tel: (852) 2584 4525 Email: [email protected] Cheung Tel: (852) 2584 4572 Email: [email protected] Kan Tel: (852) 2584 4055 Email: [email protected] HKTDC Media Room: https://mediaroom.hktdc.com/en About HKTDC The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
- Hong Kong's Belt and Road Summit explores new cross-regional opportunities this SeptemberHONG KONG, Sep 1, 2026 - The 11th Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), will be held from 9 to 10 September (Wednesday to Thursday) at the Hong Kong Convention and Exhibition Centre in Wan Chai. For over a decade, Hong Kong has brought together government and business leaders from Belt and Road countries and regions to deepen local, regional economic and trade ties through this signature event. With the theme of Advancing High-quality Development - Embarking on a New Journey, this year’s Belt and Road Summit will explore fresh potential arising from new patterns of regional cooperation in trade, investment and development among Belt and Road and other markets, particularly ASEAN, Central Asia and the Middle East. Presenting insights from nearly 100 distinguished policymakers and business leaders, new multifaceted thematic showcases and business matching activities, this year’s Summit offers a wealth of knowledge, extensive networks and quality investment and business opportunities, facilitated through Hong Kong, the global business platform that connects the Chinese Mainland and the world. The 11th Belt and Road Summit will be held from 9 to 10 September (Wednesday to Thursday) at the Hong Kong Convention and Exhibition Centre in Wan Chai. In 2025 (shown in photo), the event’s 10th edition attracted 6,200 participants from 70+ countries and regions. The picture shows the Belt and Road Summit in 2025. Anna Cheung, Associate Executive Director of the HKTDC, said: "Amid the reconfiguration of the global economic landscape, Hong Kong has been both an important platform for Mainland enterprises to go global and a preferred gateway for international enterprises to enter the Mainland and Asian markets. As a core member of the GoGlobal Task Force which was established by the HKSAR Government to facilitate enterprises to go global, the HKTDC has been leveraging Hong Kong’s strengths as an international business and investment platform to facilitate cooperation. To further support Mainland enterprises in tapping opportunities in the Belt and Road and other emerging markets, this year’s Belt and Road Summit will introduce a dedicated Go Global Chapter, featuring thematic breakout sessions focusing on go global opportunities and Hong Kong’s professional services strengths, the newly established GoGlobal Connect Zone for service providers, roundtable discussions and the GoGlobal Business Study Mission to Nansha, Guangzhou. These initiatives will further strengthen Hong Kong’s role as a ‘superconnector’ and ‘super value-adder’, promoting high-quality cooperation in Belt and Road and other markets. The HKTDC has also been actively advancing cross-regional economic and trade cooperation. This year, we have organised a business delegation to visit Belt and Road countries and regions and hosted the flagship overseas promotion event ‘Think Business, Think Hong Kong’ in Malaysia, continuing to develop new markets, connect with new partners and explore new opportunities, further leveraging Hong Kong’s strengths in connecting the Chinese Mainland and the world, while deepening Hong Kong’s links with global markets." This year’s Belt and Road Summit will feature a new GoGlobal Connect Zone, showcasing professional services solutions across different sectors in Hong Kong and providing consultation and practical support for enterprises going global. The picture shows the Asia Summit on Global Health held in May 2026, featuring the “GoGlobal Connect” and the Business of Healthcare Advisory Zone. New directions in global economic development from the policy perspective The first day of the Summit will open with exchanges between government and corporate leaders. The Opening Session will feature heavyweights such as John Lee, Chief Executive of the HKSAR, Carolina Cosse, Vice President of Uruguay, Saleumxay Kommasith, Deputy Prime Minister of Laos, and Professor Frederick Ma, Chairman of the HKTDC, sharing their perspectives on global economic and trade development from the policy and international cooperation perspectives. The highly anticipated Policy Dialogue session, with the theme of Building Resilient Trade and Investment Frameworks in a Diverse Global Landscape, will be chaired by Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR. He will exchange views with such government officials as Khandakar Abdul Muktadir, Minister for Commerce, Industries, Textiles and Jute of Bangladesh, Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security and Co-operative Development of Sri Lanka, and Dr Kirida Bhaopichitr, Vice Minister for Commerce of Thailand, to discuss strengthening cross-border trade and investment cooperation and enhancing economic resilience, as well as sharing experiences in promoting trade facilitation and investment cooperation. The Business Plenary I: Harnessing Business Opportunities for Sustainable Growth and Shared Prosperity session, with a market focus on ASEAN and Central Asia, will explore how enterprises can promote sustainable development and achieve more inclusive economic growth while expanding business opportunities and advancing investment cooperation. The session will be chaired by Dr Victor K Fung, Chairman of Fung Investments, and feature Dr Jonathan Choi, Chairman of Sunwah Group, Shinta Widjaja Kamdani, CEO of Sintesa Group and Chairman of the Indonesian Employer Association, Vikrom Kromadit, CEO of Amata Corporation PCL, Farkhad Rashidovich Okhonov, Member of the Board of Directors and Chairman of the Management Board of Halyk Finance, Somboun Phongsavanh, Chairman of Shareholder Committee, Phongsavanh Group. They will share practical experiences from different markets and industries and explore ways to seize cross-border cooperation opportunities and foster mutual benefit and win-win cooperation. The Keynote Luncheon will feature welcome remarks by Paul Chan, Financial Secretary of the HKSAR, opening remarks by Wang Shuguang, Vice Chairman of the Board, President and Member of the Management Committee of China International Capital Corporation Limited, and a keynote address by Dr Kao Kim Hourn, Secretary-General of ASEAN. Exploring cooperation with Central Asia and the Middle East to support enterprises in going global through Hong Kong Continuing to focus on expanding international markets, deepening cross-regional cooperation and advancing high-quality development, this year’s Summit will introduce new thematic chapters, namely, the Go Global Chapter, Central Asia Chapter and Middle East Chapter. The new Go Global Chapter will provide a one-stop platform for Mainland enterprises to exchange ideas and connect with potential partners as they expand overseas. On the first day, the Thematic Breakout Session Hong Kong: Super Connector - World-class Springboard – Professional Services Empowering Global Expansion will explore how Hong Kong’s professional services can support enterprises in expanding into Belt and Road markets. On the second day, the Thematic Breakout Session Chinese Mainland Enterprises Going Global: Driving Mutual Growth Across Belt and Road Economies will further share practical experiences of enterprises expanding into overseas markets. In addition, the Summit will feature a new GoGlobal Connect Zone, showcasing professional services solutions across different sectors in Hong Kong and providing consultation and practical support for enterprises going global. The Summit will also arrange one-on-one meetings between Mainland enterprises seeking to expand overseas and potential partners and service providers, as well as hold roundtable discussions on going global, providing more comprehensive and enhanced support for Mainland enterprises expanding overseas. The Summit will also organise the GoGlobal Business Study Mission to Nansha, Guangzhou, enabling participants to gain first-hand understanding of development and investment opportunities in the Greater Bay Area. Central Asia and Middle East Chapters showcase investment opportunities Following the successful delegations led by John Lee, Chief Executive of the HKSAR, and organised by the HKTDC over the past two years, Hong Kong, Central Asia and the Middle East have strengthened ties with reciprocal exchanges. The Summit will further enhance these ties by inviting government officials and business leaders from these regions to share their latest development opportunities and investment prospects, and will feature a dedicated Central Asia Chapter and a Middle East Chapter, featuring consulates, business organisations and companies showcasing investment projects and commercial opportunities across the regions. The two-day Project Investment Sessions held during the Summit will also explore investment, infrastructure, smart city and professional services opportunities arising from major development projects in Central Asia and the Middle East. The Cocktail Reception will be officiated by Paul Lam, Secretary for Justice of the HKSAR, who will deliver welcoming remarks. The reception will also feature ethnic music performances, allowing participants to gain a deeper understanding of Central Asia and Middle East from another perspective and promoting cultural exchanges. Global expert insights on finance, technology, green development and youth The second day of the Summit will open with a special address session, featuring Professor Teresa Cheng, Secretary-General of the International Organization for Mediation and other distinguished guests. Making its debut this year, a Dialogue for Future session themed Think Tank Dialogue: The Belt and Road Initiative and Asia-Pacific Cooperation in a Changing Global Landscape will feature a conversation between Professor Li Cheng, Director of Centre on Contemporary China and the World and Professor of School of Governance and Policy, The University of Hong Kong and Gim Huay Neo, Managing Director of Member of the Managing Board, World Economic Forum. A Business plenary on the same day, themed Unlocking New Market Opportunities along and beyond the Belt and Road, will focus on the Middle East and African markets. Chaired by Professor KC Chan, Chairman of WeLab Bank, the panel of speakers will include Mansoor Rashid Al-Khater, Chief Executive Officer of Qatar Financial Centre, Muneer Ali Al Muneeri, Deputy President for Operations of Oman Investment Authority, Dr Mteto Nyati, Chairman of Eskom, Cliff Zhang, CEO & Founding Partner of Templewater Hong Kong Limited and Samaila Zubairu, President and Chief Executive Officer of Africa Finance Corporation. The session will examine the immense potential of emerging markets within and beyond the Belt and Road countries and regions amid evolving global business landscapes, as well as how Hong Kong can support global enterprises in capturing new market opportunities. Alongside themes of Finance, Green Development, Youth and Technology, this year’s summit will introduce brand-new thematic breakout sessions including going global and the low-altitude economy. From corporate global expansion and emerging-industry advancement to talent nurturing, these sessions will explore fresh opportunities for high-quality development. Among them, the Thematic Breakout Session: Dialogue with Youth Business Leaders - Hong Kong as an International Hub for High-Calibre Talent will discuss how Hong Kong can leverage its strengths in local education, research, innovation and technology to attract top talent worldwide and inject new momentum into Hong Kong and regional growth. Project investment enhanced with signature projects and extended deal making The Summit will once again host Project Investment Session, Belt and Road Summit Deal Making and Exhibition zone, featuring more than 300 investment projects, with a combined investment value exceeding US$3.7 billion, and over 800 one-on-one project matching meetings to help enterprises connect with potential partners. The Project Investment Session will provide a platform for project owners from different countries to present their projects, giving investors and service intermediaries a comprehensive understanding of the investment opportunities in different sectors. Pitching sessions will focus on five main areas: (1) energy, natural resources and public utilities, (2) urban development, (3) New Market Focus: The Middle East, Africa and Latin America, (4) transport and logistics infrastructure, and (5) innovation and technology. The Signature Projects Session will highlight the massive infrastructure and investment potential of Alatau City and Data Centre Valley in Kazakhstan, as well as the Ankara-Istanbul High-Speed Rail in Türkiye. The Belt and Road Summit Deal Making session will create vital negotiation opportunities for participants. Running in parallel with the Summit and extended online from 14 to 15 September, it pools global resources and facilitates long-term collaboration and resource integration through one-on-one meetings. The exhibition zones bring together over 120 exhibitors. Alongside the Hong Kong Zone and Global Investment Zone, three new zones have been introduced this year. The University Zone assembles local universities to showcase research outputs, innovative technologies and talent-related strengths. The GreenTech Zone features artificial intelligence, green technologies and smart-city solutions, building bridges between technology enterprises and investors. The GoGlobal Connect Zone displays services and resources supporting enterprises’ overseas expansion, connecting businesses to global commercial networks and empowering them to tap into international markets. There are also regional-themed zones, including the returning Chinese Mainland Zone and the ASEAN Zone, which showcase promising investment projects and business opportunities from Belt and Road markets. The 11th Belt and Road Summit is supported by a wide range of partners, including China International Capital Corporation Limited as Strategic Partner, and Bank of China (Hong Kong) Limited as the Banking Partner. Other supporters include Standard Chartered Bank (Hong Kong) Limited as Cross-border Business Partner, The Hongkong and Shanghai Banking Corporation Limited as the Global Connectivity Partner, Huatai International Financial Holdings Company Limited as Innovative Finance Partner, International Financial Centre of Oman as Diamond Sponsor, as well as CCB International (Holdings) Limited and China Mobile International Limited as Platinum Sponsors. New ASEAN Market Day to be held alongside Belt and Road Week The Belt and Road Summit is one of the key flagship events of Belt and Road Week, a themed week featuring events related to the Belt and Road Initiative held around Hong Kong. With representatives of ASEAN member states coming to Hong Kong to participate in the Summit, the HKTDC will introduce a new flagship event, ASEAN Market Day, which will be held on the afternoon of 10 September. The event, the first in a series of market days, will bring together business leaders and experts to share practical experience, helping Hong Kong businesses, particularly SMEs, gain a deeper understanding of the latest development trends and business opportunities in different ASEAN markets before taking steps to expand. Following the session, participants can visit the ASEAN Zone at the Summit for consultation sessions with representatives from the HKTDC’s offices in ASEAN and various ASEAN Consulates General and associations to exchange views and connect with potential partners. Looking ahead, the HKTDC will continue with the series of market days focusing on different regions with high business potential, such as Africa and the Middle East, and closer to home, the Guangdong-Hong Kong-Macau Greater Bay Area in the Chinese Mainland. Held alongside the Summit is the Belt and Road Global Forum Annual Roundtable, a closed-door roundtable held on the morning of 11 September, which brings together Hong Kong, Mainland and international organisations and business associations to share information, interact and explore multilateral cooperation. The 11th Belt and Road Summit Date 9 to 10 September 2026 Venue Hall 5B-E, Hong Kong Convention and Exhibition Centre Remarks Video and audio recordings at the Summit should be used only in the context of media reporting Media Registration Please contact [email protected] or [email protected] for media registration Websites Belt and Road Summit: https://www.beltandroadsummit.com/conference/bnr/en Programme: https://www.beltandroadsummit.com/conference/bnr/en/programme Speaker list: https://www.beltandroadsummit.com/conference/bnr/en/speaker Media representatives who would like to conduct interviews with the speakers, please submit interview requests to [email protected] or [email protected] by 4 September 2026. Photo download: https://bit.ly/45WBpUo The 11th Belt and Road Summit will be held from 9 to 10 September (Wednesday to Thursday) at the Hong Kong Convention and Exhibition Centre in Wan Chai. In 2025 (shown in photo), the event’s 10th edition attracted 6,200 participants from 70+ countries and regions. The picture shows the Belt and Road Summit in 2025. This year’s Belt and Road Summit will feature a new GoGlobal Connect Zone, showcasing professional services solutions across different sectors in Hong Kong and providing consultation and practical support for enterprises going global. The picture shows the Asia Summit on Global Health held in May 2026, featuring the “GoGlobal Connect” and the Business of Healthcare Advisory Zone. Media Enquiries Yuan Tung Financial Relations: Louise Song Tel: (852) 3428 5691 Email: [email protected] Tiffany Leung Tel: (852) 3428 2361 Email: [email protected] Fung Wong Tel: (852) 3428 3122 Email: [email protected] HKTDC’s Communications & Public Affairs Department Navin Law Tel: (852) 2584 4525 Email: [email protected] Serena Cheung Tel: (852) 2584 4572 Email: [email protected] Winnie Kan Tel: (852) 2584 4055 Email: [email protected] HKTDC Media Room: https://mediaroom.hktdc.com/en About HKTDC The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
- ZonPrepZonPrep Acquires FNSKU Studio and Wizard-Industries, Deepening Its Investment in Amazon Inbound LogisticsThe Amazon-focused supply chain operator now owns the inbound software it has run on for years, and that Amazon sellers, prep centers and 3PLs across the industry run on too. The acquisition will improve the processes and growth of both platforms without affecting current user operations....
- China Risun (01907.HK) Interim 2026 Profit Surges 376%, New Energy Business Footprint Further Expanded, Interim Dividend Significantly Increased to RMB1.44 Cents per ShareHONG KONG, Sep 1, 2026 - China Risun Group Limited ("China Risun" or the "Company", together with its subsidiaries, the "Group"; Stock Code: 1907.HK), a leading global integrated producer and supplier of coke, coking chemicals, refined chemicals and new energy (including hydrogen energy) products, as well as a relevant operation management services provider, recently announced its unaudited interim results for the six months ended June 30, 2026. During the reporting period, the Group recorded revenue of approximately RMB21,856 million, representing a year-on-year increase of 5.2%; profit for the period reached RMB244.4 million, a substantial surge of 376.0% year-on-year; basic earnings per share was RMB4.77 cents, a sharp increase of 736.8% year-on-year. The board of directors declared an interim dividend of RMB1.44 cents per share, a significant increase of 620% compared to RMB0.20 cents per share in the same period last year, with a dividend payout ratio of not less than 30% of the profit attributable to owners of the Company for the period. Financial Performance: Overall Improvement in Profit Quality, with Gross Margin and Cash Flow Both Enhanced In terms of profit quality, the Group's gross profit margin increased from 8.1% in the same period last year to 10.6%, with gross profit reaching RMB2,311 million, up 37.7% year-on-year. Profit from operations was RMB1,057 million, representing a year-on-year increase of 34.0%. Net cash generated from operating activities amounted to RMB2,527 million, up 35.8% year-on-year, indicating continuous improvement in cash flow. EBITDA margin increased from 8.9% to 9.8%, and return on equity surged from 0.4% to 3.4%. All core financial indicators improved across the board, reflecting the Group's significant enhancement in operational resilience and profit recovery capability amid industry cyclical fluctuations. In terms of cost control, the Group's selling and distribution expenses as a percentage of revenue remained stable at around 3.5%, while administrative expenses decreased by 8.9% year-on-year to RMB511 million, demonstrating the effectiveness of the Group's continuous efforts in cost reduction and efficiency enhancement. All Business Segments Jointly Driven, Coke Overseas Dual Engines, Refined Chemicals Blossoming in Multiple Areas Revenue from the coke and coking chemicals production business increased by 9.6% year-on-year to RMB6,966 million, mainly benefiting from the average selling price of coke rising by 11.3% year-on-year to RMB1,515 per ton. Leveraging its 31 years of accumulated coal blending technology advantages, the Group effectively maintained the coal-coke price spread at above RMB300 per ton, driving the segment's gross profit margin to a healthy level of 13.7%. During the period, coking coal prices rose in nine rounds and fell in two rounds, with a cumulative increase of RMB385/ton. Relying on its core competitive advantages in "sales-transportation-production-supply-R&D" accumulated over 31 years, the coking coal segment's operating revenue increased by 9.6% year-on-year, and gross profit increased by 10.5% year-on-year. Overseas business became an important growth engine. Risun Wei Shan (Indonesia) Limited recorded year-on-year increases in revenue, net profit attributable to the parent company owners, and sales volume of 976%, 1,854%, and 61%, respectively, benefiting from favorable factors such as global capacity growth from newly added and restarted blast furnaces, as well as India's cancellation of quota policies. With both sales volume and price rising, profitability significantly improved. Revenue from the refined chemicals production business increased by 4.2% year-on-year to RMB9,475 million, gross profit increased by 41.4% year-on-year to RMB926 million, and gross profit margin rose from 7.2% to 9.8%. The average selling price of caprolactam increased by 13.3% year-on-year to RMB9,701 per ton. The industry's self-discipline in reducing production to maintain prices led to a recovery in both prices and profitability. The feedstock for methanol is coke oven gas, and its annual production capacity of 600,000 tons ranks first in the country. During the period, driven by reduced supply and increased demand, methanol prices rose, and the methanol-ammonia production line generated considerable profits. It is worth noting that the Group's self-developed innovative process route for 50,000 tons/year of hexamethylenediamine officially commenced production during the period and achieved full production and sales, with its quality widely recognized by downstream customers. The amino alcohol new material not only achieved year-on-year growth in sales volume and customer numbers, but also expanded its export markets to South America and Southeast Asia, further broadening its downstream application markets. It now supplies to the battery, carbon capture, electronic cleaning, high-end pharmaceutical, and cosmetics fields, continuously expanding its industry influence. Revenue from the operation management services business increased by 46.2% year-on-year to RMB1,863 million, mainly due to the addition of the Wulong Magnesium Industry management and operation project during the period. As of the end of the reporting period, the Group provided operation management services to three coke producers and four refined chemicals producers, continuously consolidating its industry influence. The gross profit margin of the operation management business increased from 4.8% in the same period last year to 8.1%, mainly benefiting from the widened price spread of the Kangnaier aniline production line. Revenue from the trading business decreased by 20.2% year-on-year to RMB2,977 million, but gross profit increased by 116.8% year-on-year to RMB193 million, and gross profit margin rose from 2.4% to 6.5%, reflecting the remarkable results of the Group's strategy of proactively optimizing the trading business structure and reducing low-margin items, achieving the business goal of "reducing volume while increasing profit". Energy New Business via Binhai Energy Acquisition,Anode Materials Grow 63.9%, Becoming the Biggest Highlight During the period, the Group completed the acquisition of a 14.5% equity interest in Tianjin Binhai Energy & Development Co., Ltd. ("Binhai Energy"), strategically entering the new energy battery materials industry. Through an acting-in-concert arrangement, China Risun in aggregate controls approximately 23.82% of the voting rights of Binhai Energy, and consolidates its financial statements. Binhai Energy added production lines for green electricity, artificial graphite anodes, and anode materials, expanding the product value chain to six major categories and 63 products, including 58 chemical production lines, 14 coking production lines, 6 graphitization production lines, and 5 high-purity hydrogen production lines. The first phase of the nation's only 580MW power generation, grid, load, and storage project, with a capacity of 150MW, officially commenced grid-connection trial operation, further reducing costs and increasing efficiency, and enhancing the profitability of the new energy business segment.Relying on its Ulanqab industrial base, Binhai Energy has now built an artificial graphite anode production capacity exceeding 100,000 tons. The performance of the new energy products production business became the biggest highlight of the first half of 2026. Revenue from this segment increased by 122.9% year-on-year to RMB523million, and achieved a significant turnaround from a loss of RMB12.95 million in the same period last year to a profit of RMB58.26 million, with the gross profit margin turning from negative to positive at 11.1%. The production/processing volume of lithium battery anode materials was 42,000 tons, a year-on-year increase of 63.9%. Graphitization and anode material products not only achieved year-on-year growth in production capacity and sales volume, but revenue also increased by 78% year-on-year. Meanwhile, the 200,000-tonne integrated project is expected to be fully completed and operational by the end of 2026, with full-year shipments projected to reach 130,000 tonnes. Concurrently, the supporting 580,000 kW (580 MW) "source-grid-load-storage" green power project is set to commence operation in phases within the year. With green power coverage exceeding 50%, this rare industry model not only significantly reduces production costs but also meets the carbon accounting requirements for exports. Additionally, the company is expanding into new anode materials, such as silicon-carbon and porous carbon, to perfect its full-category lithium battery materials portfolio. Active Capital Operations, Ample Liquidity, Significant Increase in Shareholder Returns In terms of capital operations, the Group completed the acquisition of Binhai Energy in April 2026, with a total consideration of RMB571.2 million;. This transaction constitutes an optimization of the equity structure within the same actual controller system, with the actual controller remaining unchanged. The parties have signed a concerted action agreement to exercise voting rights in a unified manner. Upon completion of the acquisition, the Group's synergistic strategy of 'overall development via the Hong Kong-listed platform and focus on new energy via the A-share platform' with its dual listing platforms has been officially implemented. This marks a key milestone in the Group's industrial layout of three growth poles: coke, chemicals, and new energy. Meanwhile, in June, the Group introduced a strategic investor, Zhangzhou Gulei Port Economic Development Zone Guozhi Qixu Equity Investment Partnership (Limited Partnership), which injected RMB495 million into Hebei Risun Energy Co., Ltd. During the period, the Group repurchased 22,646,000 shares, involving a total consideration of approximately RMB41.94 million, and granted share awards for the second time to 600 eligible participants. As of the end of the period, the Group held 198,217,000 treasury shares. In terms of liquidity, as of June 30, 2026, the Group held cash and cash equivalents of RMB4,455 million, a significant increase from RMB1,589 million at the beginning of the year. Unutilized banking facilities amounted to RMB9,852 million, of which RMB7,626 million were unconditional credit, indicating ample liquidity reserves. The capital gearing ratio was 2.6 times, and the debt-to-asset ratio was 78.5%, with the overall financial structure being sound and controllable. In terms of shareholder returns, the board of directors declared an interim dividend of RMB1.44 cents per share, a substantial increase of 620% compared to RMB0.20 cents per share in the same period last year. The total dividend amount is approximately RMB61.23 million, with a dividend payout ratio of not less than 30% of the profit attributable to owners of the Company for the period, fully demonstrating the Group's determination to share development achievements with shareholders. Outlook for the Second Half: Accelerating the Advancement of Silicon-Carbon Anode, Porous Carbon Materials, and Energy Storage Projects Looking forward to the second half of 2026 and the seventh "Five-Year Plan" period, the Group stated that it will continue to advance the construction of the 2,000-ton/year silicon-carbon material production line, 1,000-ton/year porous carbon material production line, 20-ton/year integrated anode material production line, and the supporting second phase 430MW power generation, grid load, and energy storage project, further improving the product variety in the new energy battery materials field and strengthening the cost and supply chain advantages of "green electricity + materials". The new production capacity will provide strong support for the rapid ramp-up of the Group's third growth curve. Relying on the strategic framework of the seventh "Five-Year Plan", the Group will continuously increase its market share in the fields of coke, refined chemicals, and new energy products through various means such as operation management arrangements, mergers and acquisitions, and establishing joint ventures with regional leading enterprises, promote the green transformation and high-end upgrading of the industry, and strive to achieve a higher level of sustainable development and shareholder value creation.
- China Risun (01907.HK) Interim 2026 Profit Surges 376%, New Energy Business Footprint Further Expanded, Interim Dividend Significantly Increased to RMB1.44 Cents per ShareHONG KONG, Sep 1, 2026 - China Risun Group Limited ("China Risun" or the "Company", together with its subsidiaries, the "Group"; Stock Code: 1907.HK), a leading global integrated producer and supplier of coke, coking chemicals, refined chemicals and new energy (including hydrogen energy) products, as well as a relevant operation management services provider, recently announced its unaudited interim results for the six months ended June 30, 2026. During the reporting period, the Group recorded revenue of approximately RMB21,856 million, representing a year-on-year increase of 5.2%; profit for the period reached RMB244.4 million, a substantial surge of 376.0% year-on-year; basic earnings per share was RMB4.77 cents, a sharp increase of 736.8% year-on-year. The board of directors declared an interim dividend of RMB1.44 cents per share, a significant increase of 620% compared to RMB0.20 cents per share in the same period last year, with a dividend payout ratio of not less than 30% of the profit attributable to owners of the Company for the period. Financial Performance: Overall Improvement in Profit Quality, with Gross Margin and Cash Flow Both Enhanced In terms of profit quality, the Group's gross profit margin increased from 8.1% in the same period last year to 10.6%, with gross profit reaching RMB2,311 million, up 37.7% year-on-year. Profit from operations was RMB1,057 million, representing a year-on-year increase of 34.0%. Net cash generated from operating activities amounted to RMB2,527 million, up 35.8% year-on-year, indicating continuous improvement in cash flow. EBITDA margin increased from 8.9% to 9.8%, and return on equity surged from 0.4% to 3.4%. All core financial indicators improved across the board, reflecting the Group's significant enhancement in operational resilience and profit recovery capability amid industry cyclical fluctuations. In terms of cost control, the Group's selling and distribution expenses as a percentage of revenue remained stable at around 3.5%, while administrative expenses decreased by 8.9% year-on-year to RMB511 million, demonstrating the effectiveness of the Group's continuous efforts in cost reduction and efficiency enhancement. All Business Segments Jointly Driven, Coke Overseas Dual Engines, Refined Chemicals Blossoming in Multiple Areas Revenue from the coke and coking chemicals production business increased by 9.6% year-on-year to RMB6,966 million, mainly benefiting from the average selling price of coke rising by 11.3% year-on-year to RMB1,515 per ton. Leveraging its 31 years of accumulated coal blending technology advantages, the Group effectively maintained the coal-coke price spread at above RMB300 per ton, driving the segment's gross profit margin to a healthy level of 13.7%. During the period, coking coal prices rose in nine rounds and fell in two rounds, with a cumulative increase of RMB385/ton. Relying on its core competitive advantages in "sales-transportation-production-supply-R&D" accumulated over 31 years, the coking coal segment's operating revenue increased by 9.6% year-on-year, and gross profit increased by 10.5% year-on-year. Overseas business became an important growth engine. Risun Wei Shan (Indonesia) Limited recorded year-on-year increases in revenue, net profit attributable to the parent company owners, and sales volume of 976%, 1,854%, and 61%, respectively, benefiting from favorable factors such as global capacity growth from newly added and restarted blast furnaces, as well as India's cancellation of quota policies. With both sales volume and price rising, profitability significantly improved. Revenue from the refined chemicals production business increased by 4.2% year-on-year to RMB9,475 million, gross profit increased by 41.4% year-on-year to RMB926 million, and gross profit margin rose from 7.2% to 9.8%. The average selling price of caprolactam increased by 13.3% year-on-year to RMB9,701 per ton. The industry's self-discipline in reducing production to maintain prices led to a recovery in both prices and profitability. The feedstock for methanol is coke oven gas, and its annual production capacity of 600,000 tons ranks first in the country. During the period, driven by reduced supply and increased demand, methanol prices rose, and the methanol-ammonia production line generated considerable profits. It is worth noting that the Group's self-developed innovative process route for 50,000 tons/year of hexamethylenediamine officially commenced production during the period and achieved full production and sales, with its quality widely recognized by downstream customers. The amino alcohol new material not only achieved year-on-year growth in sales volume and customer numbers, but also expanded its export markets to South America and Southeast Asia, further broadening its downstream application markets. It now supplies to the battery, carbon capture, electronic cleaning, high-end pharmaceutical, and cosmetics fields, continuously expanding its industry influence. Revenue from the operation management services business increased by 46.2% year-on-year to RMB1,863 million, mainly due to the addition of the Wulong Magnesium Industry management and operation project during the period. As of the end of the reporting period, the Group provided operation management services to three coke producers and four refined chemicals producers, continuously consolidating its industry influence. The gross profit margin of the operation management business increased from 4.8% in the same period last year to 8.1%, mainly benefiting from the widened price spread of the Kangnaier aniline production line. Revenue from the trading business decreased by 20.2% year-on-year to RMB2,977 million, but gross profit increased by 116.8% year-on-year to RMB193 million, and gross profit margin rose from 2.4% to 6.5%, reflecting the remarkable results of the Group's strategy of proactively optimizing the trading business structure and reducing low-margin items, achieving the business goal of "reducing volume while increasing profit". Energy New Business via Binhai Energy Acquisition,Anode Materials Grow 63.9%, Becoming the Biggest Highlight During the period, the Group completed the acquisition of a 14.5% equity interest in Tianjin Binhai Energy & Development Co., Ltd. ("Binhai Energy"), strategically entering the new energy battery materials industry. Through an acting-in-concert arrangement, China Risun in aggregate controls approximately 23.82% of the voting rights of Binhai Energy, and consolidates its financial statements. Binhai Energy added production lines for green electricity, artificial graphite anodes, and anode materials, expanding the product value chain to six major categories and 63 products, including 58 chemical production lines, 14 coking production lines, 6 graphitization production lines, and 5 high-purity hydrogen production lines. The first phase of the nation's only 580MW power generation, grid, load, and storage project, with a capacity of 150MW, officially commenced grid-connection trial operation, further reducing costs and increasing efficiency, and enhancing the profitability of the new energy business segment.Relying on its Ulanqab industrial base, Binhai Energy has now built an artificial graphite anode production capacity exceeding 100,000 tons. The performance of the new energy products production business became the biggest highlight of the first half of 2026. Revenue from this segment increased by 122.9% year-on-year to RMB523million, and achieved a significant turnaround from a loss of RMB12.95 million in the same period last year to a profit of RMB58.26 million, with the gross profit margin turning from negative to positive at 11.1%. The production/processing volume of lithium battery anode materials was 42,000 tons, a year-on-year increase of 63.9%. Graphitization and anode material products not only achieved year-on-year growth in production capacity and sales volume, but revenue also increased by 78% year-on-year. Meanwhile, the 200,000-tonne integrated project is expected to be fully completed and operational by the end of 2026, with full-year shipments projected to reach 130,000 tonnes. Concurrently, the supporting 580,000 kW (580 MW) "source-grid-load-storage" green power project is set to commence operation in phases within the year. With green power coverage exceeding 50%, this rare industry model not only significantly reduces production costs but also meets the carbon accounting requirements for exports. Additionally, the company is expanding into new anode materials, such as silicon-carbon and porous carbon, to perfect its full-category lithium battery materials portfolio. Active Capital Operations, Ample Liquidity, Significant Increase in Shareholder Returns In terms of capital operations, the Group completed the acquisition of Binhai Energy in April 2026, with a total consideration of RMB571.2 million;. This transaction constitutes an optimization of the equity structure within the same actual controller system, with the actual controller remaining unchanged. The parties have signed a concerted action agreement to exercise voting rights in a unified manner. Upon completion of the acquisition, the Group's synergistic strategy of 'overall development via the Hong Kong-listed platform and focus on new energy via the A-share platform' with its dual listing platforms has been officially implemented. This marks a key milestone in the Group's industrial layout of three growth poles: coke, chemicals, and new energy. Meanwhile, in June, the Group introduced a strategic investor, Zhangzhou Gulei Port Economic Development Zone Guozhi Qixu Equity Investment Partnership (Limited Partnership), which injected RMB495 million into Hebei Risun Energy Co., Ltd. During the period, the Group repurchased 22,646,000 shares, involving a total consideration of approximately RMB41.94 million, and granted share awards for the second time to 600 eligible participants. As of the end of the period, the Group held 198,217,000 treasury shares. In terms of liquidity, as of June 30, 2026, the Group held cash and cash equivalents of RMB4,455 million, a significant increase from RMB1,589 million at the beginning of the year. Unutilized banking facilities amounted to RMB9,852 million, of which RMB7,626 million were unconditional credit, indicating ample liquidity reserves. The capital gearing ratio was 2.6 times, and the debt-to-asset ratio was 78.5%, with the overall financial structure being sound and controllable. In terms of shareholder returns, the board of directors declared an interim dividend of RMB1.44 cents per share, a substantial increase of 620% compared to RMB0.20 cents per share in the same period last year. The total dividend amount is approximately RMB61.23 million, with a dividend payout ratio of not less than 30% of the profit attributable to owners of the Company for the period, fully demonstrating the Group's determination to share development achievements with shareholders. Outlook for the Second Half: Accelerating the Advancement of Silicon-Carbon Anode, Porous Carbon Materials, and Energy Storage Projects Looking forward to the second half of 2026 and the seventh "Five-Year Plan" period, the Group stated that it will continue to advance the construction of the 2,000-ton/year silicon-carbon material production line, 1,000-ton/year porous carbon material production line, 20-ton/year integrated anode material production line, and the supporting second phase 430MW power generation, grid load, and energy storage project, further improving the product variety in the new energy battery materials field and strengthening the cost and supply chain advantages of "green electricity + materials". The new production capacity will provide strong support for the rapid ramp-up of the Group's third growth curve. Relying on the strategic framework of the seventh "Five-Year Plan", the Group will continuously increase its market share in the fields of coke, refined chemicals, and new energy products through various means such as operation management arrangements, mergers and acquisitions, and establishing joint ventures with regional leading enterprises, promote the green transformation and high-end upgrading of the industry, and strive to achieve a higher level of sustainable development and shareholder value creation.
- 2026 Avetta Summit Series Lands in Sydney to Unite Trusted APAC Community Committed to Being Ready to WorkSYDNEY, August 31, 2026--Avetta®, the leader in intelligent work readiness across global supply chains, today revealed new details about its 2026 Summit Series event taking place in Sydney on 10 September 2026. That includes an all-new format focused on a curated experience designed to go beyond traditional conferences and drive meaningful outcomes for its community of hiring clients, suppliers, contractors and partners across APAC. Avetta also outlined keynote speakers, previewed forthcoming re
- Ares Management CorporationAres Closes Fifth Japan Logistics Real Estate Development Fund at ¥612 Billion (US$4 Billion), Hitting Hard CapNEW YORK & TOKYO, August 31, 2026--Ares Management Corporation (NYSE: ARES) ("Ares"), a leading global alternative investment manager, announced today the final close of Japan Logistics Development Partners V LP ("JDP V" or the "Fund"), the latest vintage in its Japan-focused logistics real estate development fund series. Raising ¥612 billion (approximately US$4 billion1), including LP equity commitments and GP commitment, JDP V closed at its hard cap and is nearly 50% larger than its predecesso
- Premier Equipment Altamonte SpringsNick Kohm joins Premier Equipment as Sales EngineerThe new sales team member brings warehouse experience, sales training and family continuity to Premier Equipment's used CNC machinery business.
- Pyxis Tankers Announces Financial Results for the Three & Six Months Ended June 30, 2026Pyxis Tankers Inc. (Nasdaq Cap Mkts: PXS), (the “Company”, “we”, “our”, “us” or “Pyxis Tankers”), an international diversified shipping company, today announced unaudited results for the three and six months ended June 30, 2026.