Browse press releases
The newest releases come first, each with its full text here and a link to its original. Try the filters to narrow them down.
- Transformer Market Size to Hit $88.48 billion by 2030 | MarketsandMarkets™MarketsandMarkets™ projects the global Transformer Market is estimated to be valued at USD 64.64 billion in 2025 and is projected to reach USD 88.48 billion by 2030, growing at a CAGR of 6.5%. This growth is driven by the rising global demand for reliable and efficient electricity infrastructure, increasing investments in grid modernization, and the rapid integration of renewable energy sources. Additionally, industrial expansion, urbanization, and the electrification of transportation and manufacturing sectors significantly boost the need for high-performance transformers. Technological advancements, such as smart transformers and eco-friendly insulation systems, also contribute to market growth, as end users seek energy-efficient and sustainable power solutions.
- AmeraMex International Inc.AmeraMex International Announces Financial Results for the Second Quarter and Six-Month Period Ending June 30, 2026AmeraMex International, Inc. (OTC Pink: AMMX), a provider of heavy equipment for logistics companies, infrastructure construction, and forestry conservation, today announced financial results for its second quarter and six-month period ended June 30, 2026.AmeraMex Reports Second Quarter 2026 Results and Market OutlookAmeraMex International CEO, Lee Hamre, commented, "Despite margin pressure associated with several large, lower-margin fleet...
- Volt Carbon TechnologiesVolt Carbon Advances Graphite-to-Graphene and Expandable Graphite Manufacturing PlatformVolt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) ("VCT", "Volt" or "Volt Carbon") is pleased to report that it has developed a flexible downstream manufacturing process at its Guelph, Ontario facility and has produced multiple batches of graphene oxide and expandable graphite for product trials.The process is designed to operate downstream from Volt's proprietary air classification technology. After crushed graphite ore is dry...
- NebexNebex Launches €100M Industrial Return Initiative in FrancePARIS, August 18, 2026--Nebex, the commercial exchange for the global space economy, today launched a €100M Industrial Return Initiative in France. The initiative connects French space startups with global contract opportunities while creating a new model for France to achieve 100% industrial return on cross-border space spending.
- Focus Graphite Chairman Converts Final C$835,000 Loan to Equity at a Premium to MarketC$0.50-per-share conversion completes longstanding Chairman loan as Focus strengthens its financial position amid growing government and industry support OTTAWA, ON, Aug 18, 2026 - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence and industrial applications, is pleased to announce that Chairman Jeff York, through his holding company JJJY Holdings Inc. ("JJJY Holdings"), has agreed to convert the final C$835,000 outstanding balance of his longstanding loan to the Company into equity at C$0.50 per share. Under the proposed transaction, Mr. York will convert C$835,000 into 1,670,000 common shares of Focus at a deemed price of C$0.50 per share, representing an approximately 11% premium to the Company's C$0.45 closing share price on August 17, 2026. The financing relationship dates back to 2019 and 2020, when Mr. York, through JJJY Holdings, provided significant capital to support Focus and its ongoing activities. By September 30, 2020, amounts due to JJJY Holdings had reached approximately C$3.05 million. Since that time, the balance has been progressively reduced through a series of previously disclosed settlements and equity conversions. The C$835,000 conversion announced today represents the final outstanding balance of Mr. York's longstanding shareholder loan to the Company. The transaction removes the Company's remaining obligation under the longstanding shareholder loan without requiring a cash repayment, preserving capital for its development priorities and further strengthening its financial position. "My decision to convert the remaining balance of my loan into equity reflects my continued confidence in Focus Graphite and the progress we are making across the business," said Jeff York, Chairman of Focus Graphite. "With the loan now fully converted into equity, I am further aligning my interests with our shareholders while strengthening the Company's financial position. Focus has made significant progress across its projects, technology and strategic partnerships, supported by growing government investment, and I remain committed to supporting the Company as we move into the next stage of development." The conversion also follows new federal support for the Lac Knife Graphite Project ("Lac Knife" or the "Project"). On August 17, 2026, Prime Minister Mark Carney announced major clean-energy and critical-minerals investments and specifically identified Focus Graphite's Lac Knife infrastructure project among the strategic pre-development projects being supported through Natural Resources Canada's ("NRCan") First and Last Mile Fund ("FLMF") 1. The federal announcement highlighted pre-construction work for a new transmission line and road connecting Lac Knife to Hydro-Québec's power grid, supporting the development of graphite supply for battery and energy-storage technologies. The final conversion further strengthens Focus's financial profile and preserves capital for its development priorities as the Company advances its Quebec graphite assets, downstream technology and broader commercial strategy. Focus continues to advance Lac Knife, its downstream advanced-materials initiatives and broader commercial strategy amid growing government and industry support for secure, resilient North American critical-mineral supply chains. The shares-for-debt transaction remains subject to approval by the TSX Venture Exchange. About Focus Graphite Advanced Materials Inc. Focus Graphite is building an integrated graphite platform to supply the industries shaping the future. Through the development of world-class graphite resources, advanced processing technologies and higher-value advanced materials, the Company is positioning itself to support battery, defence, advanced manufacturing and other strategic industries across North America and allied markets. The platform is anchored by the Company's two 100%-owned graphite assets in Quebec. Lac Knife is one of North America's highest-grade feasibility-stage graphite deposits, while Lac Tetepisca is one of the largest identified graphite resources globally. Together with strategic technology partnerships and government-supported innovation initiatives, these assets provide the foundation for a secure, scalable and increasingly integrated graphite supply chain. For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com LinkedIn: https://www.linkedin.com/company/focus-graphite/ Facebook: https://www.facebook.com/focusgraphite X: https://x.com/focusgraphite Investors Contact: Dean Hanisch CEO, Focus Graphite Inc. [email protected] +1 (613) 612-6060 Jason Latkowcer VP Corporate Development [email protected] Cautionary Note Regarding Forward-Looking Statements Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information regarding, among other things, the proposed shares-for-debt transaction involving the conversion of the remaining C$835,000 balance of the longstanding shareholder loan into 1,670,000 common shares of the Company at a deemed price of C$0.50 per share; the anticipated completion of the transaction and receipt of TSX Venture Exchange approval; the expected impact of the transaction on the Company's financial position, capital structure and financial flexibility; the anticipated preservation of capital for the Company's development priorities; the continued advancement and future development of the Lac Knife Graphite Project and the Company's other Quebec graphite assets; the advancement of the Company's downstream processing, purification and advanced-materials initiatives; the Company's broader commercial strategy and potential future commercial opportunities; the continued development of strategic partnerships and government and industry collaboration; the potential benefits of government-supported infrastructure initiatives for the Lac Knife Graphite Project; and the Company's strategy to contribute to the development of secure and resilient North American critical-mineral and advanced graphite supply chains. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information. Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. 1 https://www.pm.gc.ca/en/news/news-releases/2026/08/17/prime-minister-carney-announces-largest-clean-energy-investment-north
- Hong Kong emerges as top professional services platform for Mainland enterprises going globalMainland enterprises are now adopting increasingly comprehensive global business strategies when it comes to their international expansion plans. This has seen them targeting trade with the world’s most advanced economies, as well as with many of the Belt and Road Initiative (BRI) aligned territories and the key emerging economies. The dynamic evolution of their approach is highlighted by new research from the Hong Kong Trade Development Council (HKTDC), which also details the pivotal role Hong Kong plays in helping such businesses overcome a variety of related challenges, including shifting global trade policies, rising protectionism, and ongoing supply chain reconfigurations. In terms of the priorities of such globally-minded businesses, the HKTDC survey showed that 82% have plans in place to expand their existing overseas operations, while 63% are focused on developing new overseas business activities. In addition, some 54% plan to enhance their overseas sourcing operations, while 47% aim to expand their overseas sales networks, and 36% intend to enhance their overseas technology cooperation programmes. Highlighting the upside for Hong Kong, Bruce Pang, Director of HKTDC Research, said: “With the overseas expansion strategies of Mainland enterprises now extending to supply chain integration, cross-border investment and higher value-added business activities, the need for highly professional support services has continued to grow. As the first-choice professional services hub for the majority of the surveyed enterprises, Hong Kong’s unique connectivity and unrivalled expertise have ensured it is playing an ever more significant role in helping Mainland business seize global opportunities. “With many of these opportunities now stemming from the BRI economies, next month’s Belt and Road Summit is certain to bolster cross-regional cooperation and help Mainland businesses find the ideal Hong Kong partner for their global expansion plans”. Balancing advanced and emerging market opportunities Highlighting the significance of the Belt and Road markets within the global expansion strategies of many Mainland enterprises, 94% of surveyed companies confirmed their interest in developing business in these territories, a significant increase on the 73% recorded for a comparable survey in 2023. In addition, 91% of respondents are prioritising expanding their existing ASEAN activities, particularly within Singapore (49%), Vietnam (46%), Thailand (44%) and Malaysia (41%). Looking further afield, 48% of surveyed enterprises intend to target Europe’s more advanced markets, while 47% plan to further develop their engagement with the US and Canada. Alongside this, interest in the Middle East rose from 33% in 2023 to 46% this year, while the proportion looking to expand into Latin America doubled from 17% to 34%. Compared with the 2023 survey, companies evidenced a far greater overall inclination to target all of the major overseas markets. Global expansion fueled by evolving business environments In addition to the uncertainties arising from changes in US trade policy, Mainland enterprises’ primary concerns include intensified competition from other regions (61%), geopolitical tensions (55%), rising Mainland costs (51%), and tariff and non-tariff trade barriers (50%). Against this backdrop, companies indicated they were looking to continuously improve production and service efficiency (60%), better manage risks in overseas markets (57%), and control overall production and sales costs (57%). Wing Chu, Deputy Director of HKTDC Research, said: “Most enterprises pursuing international expansion plan to develop two to three overseas business functions (61%), indicating their intention to extend along different stages of the global industrial and business value chain. During this process they face major challenges, including difficulty coping with rapidly changing market uncertainties, intense competition in overseas markets, and insufficient capital to adjust business operations and supply chains. These challenges underline the growing need for professional services support.” Hong Kong: The lead global expansion services platform To help address the challenges of overseas expansion, 83% of surveyed enterprises saw Hong Kong as their first choice of services platform, followed by the Chinese Mainland (78%) and Singapore (31%). Overall, the services sought from Hong Kong were broad and diverse, with marketing, legal and accounting advisory, financing and risk management, supply chain management, research and development, product standards and ESG-related support all making the list. Hong Kong continues as the lead global expansion service platform for Mainland enterprises, thanks to its highly internationalised business environment, robust legal system, free flow of capital and information, extensive international business networks and strong pool of professional talent. The National 15th Five-Year Plan explicitly supports Hong Kong’s integration into national development and highlights leveraging the city’s professional services strengths to support Chinese Mainland enterprises in going global and promoting high-quality international cooperation. In October 2025, the Hong Kong Special Administrative Region Government launched the GoGlobal Task Force, integrating Hong Kong’s financial, business network and government resources to provide more comprehensive support for enterprises expanding overseas and further reinforcing Hong Kong’s role as a go global services platform. Belt and Road Summit Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the HKTDC, the Belt and Road Summit has long served as a premier platform for policy dialogue, business networking and deal-making, facilitating cross-regional and cross-sector collaboration while helping enterprises capture opportunities in Belt and Road and other emerging markets through Hong Kong. The 11th edition of the Summit will take place on 9-10 September at the Hong Kong Convention and Exhibition Centre. Under the theme “Advancing High-Quality Development • Embarking on a New Journey”, the Summit will bring together senior government officials and business leaders, investors and professional services providers from around the world to explore collaboration opportunities amid evolving global economic conditions and exchange views on high-quality development across infrastructure, finance, innovation and technology, trade, global business expansion, cross-border investment and sustainable development. To further support Chinese Mainland enterprises going global through Hong Kong, this year’s Summit will feature a dedicated “Go Global Chapter”, including two thematic breakout sessions focusing on overseas expansion opportunities and Hong Kong’s professional services strengths. There will also be a newly introduced “GoGlobal Connect” zone showcasing service offerings from various professional sectors in Hong Kong and providing consultation and practical support for Chinese Mainland enterprises. In addition, the Summit will organise a GoGlobal Business Mission to Nansha, Guangzhou, offering participants first-hand insights into the latest developments in the Greater Bay Area. Over the years, the Belt and Road Summit has developed into a leading platform for promoting international cooperation, deal-making and business exchange among Belt and Road countries and regions, helping enterprises tap into global opportunities. Mainland Enterprises’ Global Expansion: Hong Kong – The Premier Service Platform: https://research.hktdc.com/en/article/MjQwNjQ5OTA3MA Photo download: https://bit.ly/4xcU22o Director of HKTDC Research Bruce Pang (centre), Deputy Director of HKTDC Research Wing Chu (right) and Senior Economist (Greater China Team) Cherry Yeung (left) unveiled the latest survey findings and analysed emerging trends in the global expansion strategies of Mainland enterprises ahead of the HKTDC’s flagship Belt and Road Summit. An HKTDC survey found that 94% of surveyed Mainland enterprises intend to expand into Belt and Road markets, underscoring the importance of these markets in their global expansion strategies. To help enterprises go global, the HKSAR and the HKTDC will jointly organise the 11th Belt and Road Summit on 9-10 September to promote international trade, investment and professional services cooperation. Media enquiries HKTDC’s Communications & Public Affairs Department: Navin Law Tel: (852) 2584 4525 Email: [email protected] Serena Cheung Tel: (852) 2584 4272 Email: [email protected] Winnie Kan Tel: (852) 2584 4055 Email: [email protected] HKTDC Media Room: http://mediaroom.hktdc.com 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.
- LG ElectronicsLG ELECTRONICS ACCELERATES ROBOTICS COLLABORATION WITH NVIDIACompanies: LG ElectronicsNvidiaLG Electronics' Decades of Manufacturing Know-How Meets NVIDIA's Robotics Stack At LG's New Data Factory in Seoul News Summary Senior executives from ...
- Focus Graphite Inc.Focus Graphite Chairman Converts Final C$835,000 Loan to Equity at a Premium to MarketFocus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence and industrial applications, is pleased to announce that Chairman Jeff York, through his holding company JJJY Holdings Inc. ("JJJY Holdings"), has agreed to convert the final C$835,000 outstanding balance of his longstanding loan to the Company...
- LG ElectronicsLG ELECTRONICS ACCELERATES ROBOTICS COLLABORATION WITH NVIDIACompanies: LG ElectronicsNvidiaLG Electronics' Decades of Manufacturing Know-How Meets NVIDIA's Robotics Stack At LG's New Data Factory in Seoul News Summary Senior executives from LG Electronics (LG) and LG Group affiliates joined top NVIDIA officials at LG's Data Factory to accelerate the companies' robotics...
- Quectel Wireless SolutionsQuectel Launches Android 16 Smart Modules for 4G and 5G IoT DevicesBELGRADE, Serbia, August 18, 2026--Quectel Wireless Solutions, a global end-to-end IoT solutions provider, today announces the launch of two new Android 16 smart modules: the SH602FA, a high-performance 4G smart module, and the SE505FE, an entry-level 5G smart module. Designed for industrial and commercial IoT applications, the new modules combine Android 16, integrated wireless connectivity and powerful multimedia capabilities in compact form factors that simplify development and accelerate tim
- XCMGXCMG Co-organizes 15th China Innovation & Entrepreneurship Competition "AI + Construction Machinery" Division as Registration OpensThe 15th China Innovation & Entrepreneurship Competition – "AI + Construction Machinery" Division opened for registration on August 13 under the theme "Green Intelligence for a Better World." Co-organized by XCMG, the competition invites...
- Impression Dahongpao Announces 2026 Interim ResultsFinancial Highlights: 1.Stable financial foundation and healthy cash flow: Despite the impact of one-off factors such as extreme weather, the Group recorded revenue of RMB47.14 million for the period; net profit attributable to shareholders of the parent company was RMB2.54 million; and net cash flows generated from operating activities reached RMB6.79 million, demonstrating strong self-sustaining cash generation capabilities and sound cash flow position even under adverse conditions. 2.Short-term disruptions do not impair long-term value; cost fluctuations represent a reasonable transition: The performance volatility during the period mainly stemmed from three uncontrollable or one-off factors: (i) extreme heavy rainfall (total rainfall increased by approximately three times year-on-year) which constrained outdoor performances; (ii) the fading of the inaugural-year concentrated viewing benefits for the "Moonlight Wuyi" project and the rise in depreciation and amortisation costs due to differences in operating cycles; and (iii) changes in cooperation agreements for the cultural tourism town. All these factors are transitional in nature and have not undermined the market appeal of the Group's core IP. 3.Strategic launch of "Wuyi Guanwu" to unlock diversified growth: During the period, the Group's wholly-owned subsidiary signed the Mount Wuyi Impression Jianzhou Project Operation Investment and Management Cooperation Agreement, with the project tentatively named "Wuyi Guanwu". This project will deeply integrate Wuyi Mountain's local culture with modern immersive experiences, enriching the Group's "day-and-night activity linkage" ecosystem and injecting strong momentum for future development. 4.Steady progress across three core business segments; Global Offering proceeds empower industrial upgrades: The Group continues to deepen its three core businesses – "shows and performance services", "Impression Cultural Tourism Town" and "Chatang Hotel". Leveraging the proceeds from the Global Offering, the Group is accelerating the iterative upgrade of performance quality, replication of projects in other regions, and diversified business deployment. HONG KONG, August 18, 2026 - Impression Dahongpao Co., Ltd. (HKEX Stock Code: 2695; NEEQ Code: 870608, “Impression Dahongpao” or the “Company”, together with its subsidiaries, the “Group”), a leading large-scale cultural tourism performance and integrated leisure resort service provider in China, is pleased to announce its unaudited interim results for the six months ended 30 June 2026 (the “Period”). In the face of a complex and volatile external environment and extreme weather challenges in the first half of 2026, the Group maintained stable operations in its core business while proactively adjusting its business structure with a forward-looking strategic vision, making significant moves to develop new cultural tourism upgrade projects. During the Period, the Group recorded revenue of RMB47.14 million, representing a slight decrease compared with the same period of 2025; net profit attributable to shareholders of the parent company was approximately RMB2.54 million; and gross profit margin for the Period was 24.74%. Net cash flows generated from operating activities reached RMB6.79 million, providing a solid foundation for the Group to weather market fluctuations and invest in future growth. Meanwhile, the Group’s total assets stood at RMB481.81 million, and the gearing ratio was strictly controlled at a low level of 29.35%, demonstrating the Group’s excellent risk management capabilities and prudent financial strategy. The decline in performance in the first half of 2026 was primarily attributable to the combined effect of exceptional one-off and non-recurring factors. In the first half of this year, the Wuyi Mountain region experienced total rainfall of 4,201mm, an increase of approximately three times compared with the same period, and frequent extreme rainstorms directly led to the cancellation of performances or a short-term decline in attendance rates. Secondly, the Group’s “Moonlight Wuyi” project, which premiered in 2025, received strong support from trade unions and the education system in its inaugural year, benefiting from one-off promotional support which did not continue during the Period. At the same time, the extended operating period of “Moonlight Wuyi” during the Period directly resulted in a corresponding increase in rigid costs, including depreciation of right-of-use assets, depreciation of fixed assets, amortisation of long-term deferred expenses, as well as utilities and staff salaries. Continuous optimisation of business layout to consolidate diversified growth foundation In terms of business optimisation, the Group has implemented a series of cost-reduction and efficiency-enhancement measures for “Moonlight Wuyi”. These include optimising the pricing system, introducing tiered incentive policies for groups and study tours to activate channel momentum, partnering with cultural tourism and tea enterprise live-streaming rooms to expand online sales channels, and innovating NPC interactive check-in and new media seeding marketing models to boost market visibility. At the same time, the Group strictly controls costs, precisely adjusts performance schedules, and centrally deploys performers from the Impression Art Troupe to reduce labour costs. In addition, the Chatang Hotel has completed a brand upgrade and was renamed “Impression Dahongpao Qiyuan” to strengthen the synergy with the core performance brand. The Group has introduced a professional marketing team to focus on the online market, revitalised idle spaces for external leasing to generate stable ancillary income, and launched “performance + hotel” package tickets for joint marketing. Meanwhile, the Group continues to reduce losses, optimise its asset structure, and drive a steady transformation with improved quality and efficiency. Signing of the Mount Wuyi Impression Jianzhou Project Operation Investment and Management Cooperation Agreement to build a new cultural tourism ecosystem engine While actively responding to short-term fluctuations, the Group has not slowed down its pace of expansion and upgrading. During the Period, the Group achieved a milestone breakthrough in its business development – its wholly-owned subsidiary formally signed the “Wuyi Impression Jianzhou (Upgrade and Renovation) Project Operation, Investment and Management Cooperation Agreement”, with the project tentatively named “Wuyi Guanwu”. This project represents the Group’s core strategic deployment to align with the national trend of cultural tourism consumption upgrading and to deepen the excavation of Wuyi Mountain’s local culture. The “Wuyi Guanwu” project is not merely a hardware renovation, but a deep integration of culture, business and tourism. It aims to comprehensively upgrade the existing commercial area into a high-quality cultural tourism block integrating “intangible cultural heritage experiences, immersive performances, national trendy cultural and creative products, specialty dining and themed accommodation”. In the past, the Group’s revenue was heavily dependent on the nighttime “Impression Dahongpao” scenery show. The implementation of the Impression Jianzhou project will greatly enrich tourists’ daytime activity options, successfully creating a full-day tourism loop of “visit Jianzhou and experience culture by day, watch Impression and enjoy the grand show by night”, achieving “day-night linkage” and effectively extending tourist stay in Wuyi Mountain. At the same time, through introducing high-quality self-operated and co-operated commercial formats, the Group will break through the limitations of a single ticket-based economy. The upgraded “Wuyi Guanwu” will generate substantial high-margin secondary consumption scenarios including dining, cultural and creative products, and accommodation, comprehensively optimising the Group’s revenue structure. The signing of this agreement also marks a new milestone for the Group’s operational investment and management capabilities. The Group will export its proven IP operation standards and commercial management systems, which will not only enhance the overall tourism destination image of Wuyi Mountain, but also accumulate valuable practical experience for the Group’s future “replication in other regions” and asset-light expansion. Deepening the three core segments with a clear long-term development blueprint Looking ahead, the Group will continue to maintain its three core segments: (i) shows and performance services; (ii) Impression Cultural Tourism Town business; and (iii) Chatang Hotel business. In terms of core business development, the Group will leverage the proceeds from the Global Offering as a driving force to reinforce its solid foundation in daily operations, continuously strengthen its core IP competitiveness, and promote iterative upgrades in performance quality. At the same time, the Group will accelerate the deployment of diversified businesses, with a strategic focus on the innovative development of the “Impression Cultural Tourism Town” to further enrich tourists’ leisure options and the overall tourism ecosystem. In addition, exploring replication paths in other regions will be one of the Group’s key strategic directions. The Company plans to export its proven operational management models to broader markets and actively explore replication in other regions, striving to create new growth drivers. Overall, the Group will strengthen operational support, continuously enhance operational efficiency and visitor experience, aiming to achieve an organic integration of short-term stability and long-term development. About Impression Dahongpao Co., Ltd. Impression Dahongpao Co., Ltd. (Stock Code: 2695; NEEQ Code: 870608) is a state-owned cultural tourism service enterprise, listed on the NEEQ in 2017. The Company’s business comprises three main segments: (i) shows and performance services; (ii) Impression Cultural Tourism Town business; and (iii) Chatang Hotel business. Among them, the Company’s signature show, the “Impression Dahongpao” scenery show, serves as the cornerstone of its business and is the only live performance conducted within a UNESCO World Natural and Cultural Heritage site, and the only large-scale outdoor scenery show intertwined with the history of traditional Chinese tea culture. In 2024, “Impression Dahongpao” ranked third among all tourism scenery shows in China and tenth among all cultural tourism performances in terms of box office revenue¹. In terms of sales revenue generated from cultural tourism performance programmes, the Company ranked eighth in China’s cultural tourism performance market in 2024¹. ¹ According to Frost & Sullivan This press release is issued by Brilliant Monkey Financial Communications Limited on behalf of Impression Dahongpao Co., Ltd.. For media enquiries, please contact: Sabrina / Christopher Tel: 9464 8907 / 5592 6231 E-mail: [email protected] / [email protected]