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- Métis Nation Calls for a Team Canada Approach to Protect Canada’s Economy Amid U.S. Tariffs'MNC urges Ottawa to include Métis workers, businesses and governments in Canada’s tariff response and economic strategy, highlighting the Métis Nation’s role in strengthening domestic supply chains, trade and nation-building.
- ketteQ Holdings Inc.ketteQ Names Jennie Vandegrift Chief Customer Officer to Lead Global Customer Delivery and Success as Company ScalesSeasoned customer experience executive brings 19+ years of retail, CPG, and supply chain leadership to accelerate customer growth and adoption — ketteQ, the supply chain orchestration company powered by Free-Range AI™, today announced the appointment...
- Neurologists Interested in Cell Therapy in Neuro-Immune Diseases, but Safety and Logistics Will Shape Adoption, According to Spherix Global InsightsNew research finds neurologists anticipate meaningful durable remission in neuro-immune disease, while long-term safety, patient selection, and treatment logistics remain central to future uptake.
- Priority Courier ExpertsPriority Courier Experts Acquires Priority Dispatch, Inc. and Diamond Expedited, Deepening Midwest PresenceMINNEAPOLIS, August 25, 2026--Priority Courier Experts, a leading provider of same-day logistics services, has acquired Priority Dispatch, Inc. and Diamond Expedited
- Click Holdings Logistics Segment Surges Over 42% YoY in Q4; Record high HK$4.4 million in June; and 135,000+ Service Hours Drive Operating Leverage and Expansion MomentumClick Holdings Limited (“Click Holdings” or “Click” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leader in human resources (“HR”) and senior care solutions in Hong Kong, today provided an operating update on its logistics segment for the fourth quarter (“Q4”).
- Covation Sponsors Family Fun Ride at the 2026 Sun Hung Kai Properties Hong Kong CyclothonCovation Holdings Limited (“Covation” or the “Group”), a world-leading wheeled product innovator and manufacturer, is pleased to announce its sponsorship of the Covation Family Fun Ride at the 2026 Sun Hung Kai Properties Hong Kong Cyclothon. Organized by the Hong Kong Tourism Board (“HKTB”), the flagship international sporting spectacle will take place on 11 October (Sunday), bringing together thousands of cyclists across the city’s iconic bridges and landmarks while showcasing the unique scenery. Mr. Bruno Maier, Co-CEO of Covation, said, “We are proud to support the Hong Kong Cyclothon—a world-class sporting spectacle that showcases the energy and iconic landscape of Hong Kong. As a global force in outdoor adventure, Covation shares the event’s passion for driving health, wellness, and a vibrant cycling culture across the community, as well as its sports for charity spirit. While the Cyclothon brings together elite global competitors and cycling enthusiasts, our sponsorship of the Family Fun Ride allows us to introduce families and young riders to the transformative joy of cycling. Through our century-old children’s bicycle brand, Huffy, we have inspired generations to connect through cycling. We are thrilled to play a meaningful role in this citywide extravaganza, offering families a unique opportunity to create lasting memories together while supporting a charitable cause.” Covation – a name that merges “Collaboration” and “Innovation” — is on a mission to revolutionize how people move, connect, and explore—by developing exceptional products for bold experiences across wheeled categories and beyond. It is a Hong Kong-headquartered vertically integrated holding company, specializing in the research, development, manufacturing, distribution and global operations of cycling and outdoor brands, driven by manufacturing excellence. The Group owns multiple outdoor cycling brands, including Huffy, Batch, and Green Machine. Currently, its business serves millions of consumers across more than 50 countries and regions worldwide. The Covation Family Fun Ride is designed to encourage outdoor recreation and family bonding. Open to participants aged 6 to 70, each entry group consists of one parent paired with one child or youth. In line with the Cyclothon’s sports for charity spirit, registration fees collected from the Covation Family Fun Ride will be donated in full to The Community Chest of Hong Kong to support local underprivileged communities. Beyond the rides, the event will host a dedicated cycling-themed carnival at the West Kowloon Cultural District, featuring a diverse programme of sports, entertainment, family-friendly activities and culinary delights, allowing locals and visitors to fully immerse themselves in the excitement of the cycling extravaganza. Covation will also host a booth at the venue, featuring its exceptional wheeled products and connecting with cycling enthusiasts. This year’s Cyclothon is further enriched new elements, including an upgraded 56km non-competitive ride on a “Five Tunnels, Three Bridges” route that will take riders along roads rarely opened to cyclists. The enhanced route provides an ideal opportunity to explore Hong Kong’s diverse urban landscapes, showcasing the unique blend of old and new districts. This, together with the 32km ride, is expected to see the participation of more than 6,500 cyclists. Covation Family Fun Ride Highlights: Event Date: Sunday, 11 October 2026 Group Format: 1 Parent + 1 Child/Youth (6–70 years old) Entry Fee: HK$100 per group (100% donated to charity) Public Registration: Registration is now open via the event website Photo: Bruno Maier (row 2, 3rd from right), Covation Co-CEO, joins Hong Kong Tourism Board officials and event partners at the launch press conference of the 2026 Sun Hung Kai Properties Hong Kong Cyclothon. About Covation Holdings Limited Covation Holdings Limited (“Covation”) is a vertically integrated holding company headquartered in Hong Kong, specializing in the research, development, manufacturing, distribution and global operations of cycling and outdoor brands, as well as excellence in manufacturing. As a world-leading manufacturer and assembler of bicycles and components, the company operates modern smart manufacturing facilities in China, Cambodia and Vietnam. Leveraging its vertically integrated supply chain advantages and rigorous quality control system, Covation has established an efficient operational network with strategic branches across the United States, Mexico, Canada, the United Kingdom, European Union, Hong Kong, and China, consistently delivering exceptional products to global customers. Covation’s portfolio encompasses internationally renowned outdoor sports brands, including Huffy, Batch, and Green Machine. The company maintains extensive licensing partnerships with world-class partners such as Disney, Marvel, Lucasfilm, Universal Studios, Paramount, Microsoft, and Sanrio.
- Alpha StructuralBoyle Heights Fire Highlights Why Fire Resilience Must Extend Beyond Preventing CollapseAfter a prolonged warehouse fire in Boyle Heights exposed roof-collapse and wall-instability hazards, structural repair firm Alpha Structural says commercial owners should look beyond visible fire damage and consider how fire-protection systems and structural resilience can limit damage,...
- Avetta Cultural Maturity Index Named a 2026 New Product of the Year by Occupational Health & SafetyLEHI, Utah & HOUSTON, August 25, 2026--Avetta®, the leader in intelligent work readiness across global supply chains, today accepted a 2026 New Product of the Year honor from Occupational Health & Safety (OH&S) in the EHS Software category for the Avetta Cultural Maturity Index (CMI). The award highlights Avetta’s continued investment in raising the standard for supply chain safety by bringing together AI-powered technology, human expertise and industry collaboration to help organizations antici
- Einride Scales Electric Freight Operations with Lidl in SwedenEinride scales electric freight operations with Lidl in Sweden
- SkyDrive Inc.SkyDrive to Evaluate Potential Routes for eVTOL Medical Logistics in India in Partnership with Air India and SuzukiTOYOTA, Japan, August 25, 2026--SkyDrive Inc. ("SkyDrive"), a leading Japanese developer, manufacturer, and seller of compact eVTOL aircraft (*1), today announced that it will move forward with evaluating initial operational routes for the introduction of eVTOL medical logistics services in India, in partnership with Air India and Suzuki. This is part of the Memorandum of Understanding (MoU) that the three organizations signed in July 2026 to jointly study the feasibility of such operations.(*2)
- Mech-Mind Launches IPO: Baillie Gifford Leads 9 Top Cornerstone Investors, HK$2.7B for AI R&D & Global CommercializationMech-Mind Robot (stock code: 09615.HK) today officially commenced its initial public offering, with a proposed price range of HK$95.30 to HK$101.70 per share and an offering of approximately 23.14 million shares. Should the over-allotment option be exercised in full, the maximum gross proceeds could reach HK$2.706 billion. The offering has attracted a stellar cornerstone investor line-up, led by Baillie Gifford, the century-old Scottish asset management giant renowned for its long-term holdings in technology leaders such as Tesla and Nvidia. Other participating cornerstone investors include Taikang Life, a leading Chinese insurance asset manager; Jane Street, the legendary quantitative trading firm on Wall Street; Golden Link, the industrial capital arm of BYD; as well as Invus, Ghisallo, Ruihua, NGS Super Fund, and E Fund, among other well-known institutions. Standardized Robot “Eye-Brain-Hand”: Global Market Share Ranked First for Four Consecutive Years by a Dominant Margin Mech-Mind focuses on providing robots with a complete closed-loop execution system comprising “eyes” (3D vision), “brain” (AI decision-making), and “hands” (dexterous manipulation). The Company is committed to leveraging standardized, universal product components to break the long-standing industry challenge of high-cost, hard-to-replicate customized solutions. With highly standardized hardware and software suites, its products offer exceptional versatility and reusability, enabling flexible adaptation to diverse industrial scenarios, including automotive, new energy, consumer electronics, education, and general manufacturing. According to CIC Report, in 2025 Mech-Mind ranked first in the global AI + 3D vision-guided non-specialty intelligent robot component market with a market share of approximately 22.1% (revenue of approximately RMB389 million), with its revenue scale nearly 2.6 times that of the second-placed player (8.5%). In terms of shipment volume, the Company captured a 27.5% market share, exceeding the combined total of the next four manufacturers. Mech-Mind ranked first in the China, Japan, and North American markets, and also held a leading position in Southeast Asia, Europe, and South Korea, maintaining the No.1 global market share for four consecutive years. As of March 31, 2026, Mech-Mind has served more than 100 Fortune Global 500 companies in total, with over 29.000 units deployed globally, covering more than 50 different application scenarios across dozens of industries, and capable of handling over 100,000 types of goods. Its client portfolio encompasses global manufacturing giants including CATL, BYD, Midea, Foxconn, Toyota, Volkswagen, and suppliers within Tesla’s supply chain. The Company maintains exceptionally high customer retention. Revenue contribution from existing customers accounted for 78% of total revenue in 2025, and further increased to 86% as at March 31, 2026. Its products are deeply integrated into customers’ production processes, resulting in significant switching costs and underpinning long-term growth momentum. Furthermore, leveraging an extensive, efficient network comprising 1,369 system integrators across the globe, the Company serves end customers in close to 50 countries and regions. Robust Financial Growth: Gross Margin Surges to 64.6% with a Clear Profitability Path Financial data indicates that Mech-Mind is in a critical phase of rapid growth with markedly improved profitability quality. From 2023 to 2025, the Company’s revenue surged from RMB181 million to RMB389 million, representing a compound annual growth rate (CAGR) of 46.6%. In the first quarter of 2026, revenue jumped 73.1% year-on-year to RMB107 million, demonstrating robust resilience amid slowing investment across the global manufacturing sector. Driven by the realization of economies of scale, supply chain cost optimization and an increased revenue share from overseas markets with favorable gross margin profile, the Company’s gross margin rose substantially from 39.1% in 2023 to 51.1% in 2024, further climbing to 64.6% in 2025, and hitting 64.8% in the first quarter of 2026. In terms of gross profit, it registered a year-on-year increase of 94.5% in 2024, 82.8% in 2025 and 79.7% in the first quarter of 2026, demonstrating strong growth momentum. Excluding non-operating factors such as fair value changes in redemption liabilities, the Company’s adjusted net loss narrowed significantly from RMB334 million in 2023 to RMB214 million in 2024, and further declined to RMB109 million in 2025. The adjusted net loss stood at merely RMB33 million in the first quarter of 2026, representing a 14.6% year-on-year contraction with sustained sequential quarterly improvement, which points to a clear path toward profitability. Meanwhile, operating leverage continued to strengthen. The sales expense ratio dropped substantially from 102.7% in 2023 to 42.4% in the first quarter of 2026; the administrative expense ratio fell from 58.2% to 29.9%; and the R&D expense ratio declined from 65.6% to 36.0%. Product sales volume and customer base expanded in tandem. Sales of intelligent robotic guidance products increased from 3,654 units in 2023 to 5,852 units in 2024, reaching 8,268 units in 2025 and 2,412 units in the first quarter of 2026. The number of ordering customers for the respective periods grew from 509 in 2023 to 605 in 2024 and 625 in 2025, and hit 258 in the first quarter of 2026. Globalization Gathers Pace: Over Half of Revenue Generated Overseas, Spanning Around 50 Countries and Regions Breakthrough progress in overseas markets has become a key pillar for Mech-Mind’s value rerating. Between 2023 and 2025, revenue from overseas customers rose from RMB58.6 million to RMB196 million, representing a CAGR of approximately 83%, well above the Company’s overall growth rate. In 2025, overseas markets contributed RMB196 million in revenue, accounting for 50.3% of total revenue — crossing the 50% threshold for the first time. Overseas gross profit also made up more than half of total gross profit, a clear reflection of the Company’s technical premium and pricing power. The Company embraced a globalization strategy from its early days. Back in 2019, it established its German subsidiary. To date, subsidiaries have been set up in the United States, Germany, Japan, South Korea and Hong Kong. More than ten business centers operate in Tokyo, Seoul, Chicago, Munich and other locations, with business footprint covering roughly 50 countries and regions and over 900 cumulative overseas customers served. The Company has obtained major international certifications, including FCC, CE, IC, UKCA, VCCI, KC and NRTL. Its overseas organization is structured across three major regions: AsiaPacific, Europe and the Americas. It is progressively moving into the phase of penetrating lowertier geographic markets and accelerating indepth local cultivation. Tsinghua-Founded Core Team & World-Class R&D Capabilities Mech-Mind was founded in 2016 by Shao Tianlan, an alumnus of Tsinghua University. Its founding team boasts top-tier technical expertise and a global vision. Shao Tianlan, founder and chief executive officer, earned his bachelor’s degree from the School of Software, Tsinghua University, followed by a master’s degree in robotics from the Technical University of Munich (Technische Universitat Munchen) in Germany. Fu Ao, co-founder and vice president of business, holds a bachelor’s degree from the Department of Precision Instrument and a master’s degree from the Department of Mechanical Engineering, Tsinghua University, and previously worked at ABB prior to co-founding the Company. Ding Youshuang, co-founder and vice president of R&D, obtained his doctorate from the Department of Electrical Engineering, Tsinghua University. Zhang Jianwei, Chief Scientist, is an International Member of the Chinese Academy of Engineering and a Member of the German National Academy of Engineering Sciences, a leading authority in intelligent robotics. As of March 31, 2026, the Company employed 229 R&D personnel, accounting for 36% of its total headcount. From 2023 to 2025, cumulative R&D expenditure represented 40.6% of total operating revenue over the period. As of the Latest Practicable Date, the Company held 162 invention patents, 152 utility model patents, 33 design patents and 70 software copyrights. Mech-GPT, its large multimodal model, was recognized by the World Economic Forum as World Economic Forum MINDS Programme. Blue Ocean Market Surges: Proceeds to Fuel AI R&D and Accelerate Global Commercialization From an industry perspective, global AI + 3D visionguided non-specialty intelligent robot component market is experiencing explosive growth. According to data from CIC, this market is expected to grow from RMB1.8 billion in 2025 to RMB10.6 billion in 2030, representing a CAGR of 43.2%, and is projected to further expand to RMB102.5 billion by 2035. Over the same period, the global non-specialty intelligent robot market is expected to grow from 590,000 units in 2025 to 2.25 million units in 2030, and reach 12.08 million units by 2035. As a specialist technology company applying for listing under Chapter 18C of the Listing Rules, Mech-Mind has crossed the critical watershed from technology validation to scaled commercialization. The Company possesses a stable and rapidly growing revenue base, a high gross margin level, and a clear path to profitability, standing in stark contrast to many technology enterprises that are still in the R&D-intensive stage and remain heavily reliant on external financing to sustain operations. Since its establishment, Mech-Mind has secured investments from a number of premier financial investors and industrial capital players. Under the Chapter 18C regime, the Company’s Pathfinder Sophisticated Independent Investor(s)” or “Pathfinder SII(s)” are Sequoia China and Qiming Venture Partners; its Other Sophisticated Independent Investor is Intel. In addition, Mech-Mind’s investor base also includes Meituan, IDG Capital, GIC, Source Code Capital, China Growth Capital, CICC-Porsche Fund, Coatue, among others. Through this IPO, the net proceeds will be precisely allocated to the following core strategic areas: approximately 31.8% for the continued enhancement of R&D investment (of which 14.6% for strengthening AI-centric software capabilities, 9.4% for optimizing core hardware competitiveness, and 7.7% for building scalable R&D infrastructure); approximately 29.4% for expanding global presence and accelerating commercialization (23.7% for overseas business development and 6.3% for domestic business expansion); approximately 25.2% or enriching product portfolios and broadening application scenarios (14.5% for the development of the next-generation “eye-brain-hand” solutions, and 10.7% for expanding into more scenarios such as services and households); approximately 5.0% for capacity expansion and operational efficiency improvement; and approximately 8.6% or working capital and general corporate purposes.
- Guoxia Technology's Net Profit Surged Nearly Tenfold in First Half of 2026, Revenue Reached RMB1.427 Billion, Both Hitting Record HighsOn August 20, 2026, Guoxia Technology Co., Ltd. ("Guoxia Technology" or "the Company", a leading global provider of “AI+” energy storage system solutions, is pleased to announce the interim results of the Company and its subsidiaries (collectively, “the Group”) for the six months ended June 30, 2026 (the "Reporting Period"). In the first half of 2026, the global energy storage industry sustained strong growth and formally entered the TWh era. Rising renewable energy penetration, growing demand for grid flexibility, and large-scale development of AI computing infrastructure, coupled with improving economics of energy storage, have jointly driven the industry into a new phase of market-oriented, high-quality development. Seizing this opportunity, Guoxia Technology has adhered to its "AI+" energy storage platform-based strategy, evolving into an integrated energy ecosystem aggregation service provider and achieving a significant leap in business performance. During the Reporting Period, the Group recorded total revenue of RMB1.427 billion, representing a year-on-year increase of 106.5%. Of this, domestic revenue amounted to RMB1.14 billion, up 101.7% year-on-year, while overseas revenue reached RMB288 million, up 127.9% year-on-year. Profitability also performed strongly, with an overall gross profit margin of 19.2%, up 6.7 percentage points year-on-year, and net profit of RMB60.25 million, up 980.7% year-on-year. Profitability continued to strengthen, while the quality of operations improved steadily. Dual-Engine Growth Across Global Markets Drives Rapid Expansion in Delivery Scale In the domestic market, the Group continued to deepen strategic cooperation with the "Two Grid Companies and Two Construction Groups" as well as leading energy investment groups, steadily expanding its market share in large-scale standalone energy storage power stations. Domestic energy storage system shipments reached 3.7GWh, up 105.6% year-on-year. Leveraging its proprietary Xinghan vertical large language model and AI algorithm capabilities, the Group achieved intelligent upgrades in power generation, load, and electricity price forecasting, and completed integration with VPP and electricity pricing platforms. This supports autonomous strategy control of household energy systems and proactive safety O&M of the systems, significantly improving customers’ energy utilization efficiency and economic returns. In overseas markets, in the first half of 2026 the Group established subsidiaries in Hong Kong, Singapore, the UK, the Netherlands, etc., building localized operation networks and service teams to develop comprehensive local service capabilities. A strategic breakthrough was achieved in the UK market, where the Group successfully entered the government-level projects, with its product compliance and localized delivery capabilities validated and brand recognition further enhanced. In Africa, the Group continued to deepen its presence, with localized networks in core markets continuously improved, driving rapid growth in business scale and further consolidating the Company’s market position in the African residential energy storage sector. According to CIC, based on newly installed capacity and shipment volume of multi-purpose energy storage systems globally in 2025, the Group ranked ninth among global energy storage system suppliers and seventh among Chinese suppliers worldwide, and stands among the global frontrunners in the African residential energy storage sector, underscoring the effectiveness of the Group’s strategy as recognized by an authoritative industry institution. In terms of capacity layout, in the first half of the year the Group added two new production bases in Chengdu and Lianyungang. The Group simultaneously advanced the construction of intelligent production lines for utility-scale energy storage and the capacity expansion of residential energy storage lines, systematically implementing intelligent manufacturing upgrades across all bases, significantly enhancing its in-house manufacturing capabilities and continuously reducing its reliance on external OEMs. At the supply chain management level, the Group integrated global resources and implemented lean manufacturing, leveraging economies of scale in procurement to effectively control raw material costs, effectively mitigating the impact of price fluctuations on profitability and ensuring steady and sustainable profit levels. Integrated Technology, Product and Platform Capabilities Build Full-Stack "AI+" Energy Storage Competitiveness At the technology R&D level, during the Reporting Period the Group deployed its own computing infrastructure and operated its proprietary Xinghan vertical large language model locally, continuously iterating its AI algorithm capabilities and optimizing the Safe ESS and HANCHU iESS platforms, constantly improving the accuracy of power generation, load and electricity price forecasting, thereby enhancing system safety while effectively creating excess returns for customers. At the product innovation level, the Group focused on core technology breakthroughs such as EMS intelligent dispatching and 3S integrated inverters, and built a thermal runaway simulation laboratory to solidify its safety foundation. During the Reporting Period, it launched a brand-new 16kWh residential energy storage product series for overseas markets, featuring larger capacity and higher safety to meet diverse scenario needs in Europe, Africa and elsewhere, while advancing R&D of next-generation energy storage batteries and inverters. It has now formed a multi-tiered product matrix covering residential, commercial & industrial, and grid-side applications. At the digital energy platform level, leveraging the digital energy platform the Group enables open access to multiple brands and products, breaking down data silos and building high-quality datasets to support the continuous evolution of AI. Through its three-tier proactive safety prevention and control system, it has realized the evolution of capabilities from "passive response" to "proactive maintenance," and is committed to providing customers with comprehensive energy services covering the full lifecycle of assets. Outlook: Deepening Integrated Ecosystem Layout, Toward Becoming a Leader in Smart Energy Infrastructure Looking ahead to the second half of 2026, the Group will remain firmly committed to its “AI+” Energy Storage strategy, and continue to cultivate six key strategic areas: iterating AI algorithms and large model capabilities, accelerating the rollout of the new-generation energy storage product matrix, deepening cooperation with domestic core customers and expanding its share of large-scale standalone energy storage power stations, while also cultivating the European and African markets and promoting localized operations, building a virtual power plant control system based on the AI dispatching platform, and pioneering the "green power—energy storage—computing" synergy model to provide high-reliability, low-cost green energy support for global intelligent computing centers. The Group is committed to building an integrated ecosystem encompassing “AI + Energy Storage + Virtual Power Plants + Computing,” advancing the deep integration of energy storage technologies with the new-type power system, and becoming a leader in smart energy infrastructure, while creating sustainable and superior returns for shareholders and partners through a long-term value-oriented approach.