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Finance · SaaS

Direct Drive Tech Limited, The Robotics Technology Company with Direct Drive Technology as Core Capability, Announces its Plan to List on the Main Board of the Hong Kong Stock Exchange, Offer Price of HK$21.60 per Share

HONG KONG, Sept 21, 2026 - Direct Drive Tech Limited (the “Company”, stock code: 06731) announces its Global Offering and the listing of Shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”). According to the listing documents, Direct Drive Tech Limited is a robotics technology company with direct drive technology as company’s core capability. Company primarily engage in the sales of robotic actuator modules, and to a lesser extent, robots, in China. Company operate in (i) PRC consumer robotic actuator module industry, a sub-segment representing 26.3% of PRC robotic actuator module industry and (ii) PRC wheel-legged and PRC dual-wheel-legged robot industry in China, sub-segments representing less than 1.0% of the PRC robot industry. Company serve subsegments of the PRC robotic actuator module industry and PRC robot industry, specifically (i) PRC consumer robotic actuator module industry and (ii) PRC wheel-legged robot industry. From company’s inception to June 30, 2026, company’s robotics technology has empowered over 7.5million robots across consumer, industrial and commercial application scenarios, as well as embodied intelligence robots. Direct Drive Tech Limited plans to offer an aggregate of 50,000,000 Shares (subject to the Over-allotment Option) under the Global Offering, of which 47,500,000 Shares (subject to reallocation and the Over-allotment Option) will be offered by way of International Offering, and 2,500,000 Shares (subject to reallocation) will be offered in the Hong Kong Public Offering. The Offer Price will be HK$21.60 per Offer Share, with the board lot size of 100 shares. The Hong Kong Public Offering commenced on Monday, 21 September 2026 and is expected to close at 12:00 noon (at 11:30 a.m. for completing electronic applications under the White Form eIPO service) on Thursday, 24 September 2026. Dealings in H Shares on the Stock Exchange are expected to commence on Tuesday, 29 September 2026. Direct Drive estimates that company will receive net proceeds from the Global Offering of approximately HK$982.5 million, after deducting underwriting commissions, fees and estimated expenses payable by us in connection with the Global Offering, assuming the Over-allotment Option is not exercised and an Offer Price of HK$21.60 per Offer Share. The company intend to use the net proceeds of the Global Offering for the following purposes: approximately 50.0%, or HK$491.3 million, will be used to enhance R&D capabilities in key robotics technologies; approximately 20.0%, or HK$196.5 million, will be used to deepen collaboration with industry partners and broaden sales network; approximately 20.0%, or HK$196.5 million, will be used for improving production capability and efficiency; approximately 10.0%, or HK$98.3 million, will be used for working capital and general corporate purposes. The Company has successfully procured HK Technology Innovation and JSC International (for and on behalf of Shenghai SP) as cornerstone investors, the Cornerstone Investors have agreed to, subject to certain conditions, subscribe, or cause their designated entities to subscribe, at the Offer Price, for such number of Offer Shares (rounded down to the nearest whole board lot of 100 H Shares) that may be purchased for an aggregate amount of approximately HK$472.0 million (the “Cornerstone Placing”). CITIC Securities (Hong Kong) Limited is the sole sponsor. CLSA Limited serves as sponsor and Overall Coordinator. The joint global coordinators, joint bookrunners, joint lead managers and capital markets intermediaries comprise CLSA Limited, China Harbour International Securities Limited, CMB International Capital Limited and Futu Securities International (Hong Kong) Limited. Neutral Financial Holding Company Limited as an additional joint bookrunner, joint lead manager and capital markets intermediary. About Direct Drive Tech Limited Direct Drive Tech Limited was established in 2020 and is a "little giant" enterprises. As a Globally Leading Robotics Technology Company With direct drive technology as core capability, Adhering to the corporate mission of "bringing robots into every household", Direct Drive Tech is committed to making robots more efficient, dexterous and intelligent. The company currently boasts a team of over 400 members, including several Ph.D. holders and dozens of master's degree holders, with over 40% being R&D personnel, The Company has formed three major robot technology platforms: (1) The robotic actuator module technology platform; (2) The wheel-legged robot technology platform; (3) The modular reconfiguration technology platform.

Sep 21 · 04:34ACN Newswire
Retail · Fashion & luxury

MSITEK Participates in New York Fashion Week Retail Innovation Lab

NEW YORK, Sept. 20, 2026 -- MSITEK , Global SAP partner and digital transformation company, participated in the Retail Innovation Lab by NYFW Collections and SAP in New York during New York Fashion Week (NYFW). As an innovative SAP partner invited to participate, MSITEK...

Sep 20 · 13:03PR Newswire
Retail · Travel

Hotel & Shop Plus 2027: Seamless Synergy across Design, Sustainability, Digitalization

SHANGHAI, Sept. 20, 2026 -- Organized by Sinoexpo Informa Markets and leading Chinese and international industry organizations, Hotel & Shop Plus Shanghai 2027, the leading trade fair for the hotel, retail, office and public-space industries, is scheduled for March 30–April...

Sep 20 · 07:06PR Newswire
AI · Healthcare

Wearable Sleep Trackers Market Grows as AI Analytics Push Consumer Devices Toward Clinical-Grade Monitoring

As per SNS Insider, the Global Wearable Sleep Trackers Market is projected to reach USD 48.60 billion by 2035, growing at a 11.20% CAGR, while the U.S. market is projected to reach USD 18.59 billion, advancing at 10.90% CAGR, as multi-sensor fusion and machine learning extend sleep monitoring into clinically adjacent, preventive health applications. As per SNS Insider, the Global Wearable Sleep Trackers Market is projected to reach USD 48.60 billion by 2035, growing at a 11.20% CAGR, while the U.S. market is projected to reach USD 18.59 billion, advancing at 10.90% CAGR, as multi-sensor fusion and machine learning extend sleep monitoring into clinically adjacent, preventive health applications.

Sep 20 · 00:30GlobeNewswire
Retail

Insta360 Opens First Flagship Store Outside Asia In New York's Times Square Amid Global Retail Expansion

NEW YORK, Sept. 19, 2026 -- Insta360 officially opened its first flagship retail store outside of Asia on Saturday, September 19, 2026, occupying a prime location at 1515 Broadway in New York's Times Square. The store opening marks a major milestone in the global imaging...

Sep 19 · 18:18PR Newswire
Energy · Retail

Native Springs Expands Smart Home Technology Coverage with New 2026 Consumer Resource

London, United Kingdom, Sept. 18, 2026 -- Native Springs has announced an expansion of its consumer technology coverage with the publication of a new 2026 smart-home resource examining connected devices used for household automation, security, cleaning, energy monitoring and climate control. The publication forms part of the website’s developing coverage of consumer technology and connected-home systems.

Sep 18 · 17:33GlobeNewswire
AI · Energy

Amazon highlights investments in satellite connectivity, responsible AI, and sustainability at UN General Assembly

From satellite internet in South Africa to 42 gigawatts of clean energy, Amazon's Chief Global Affairs Officer shares how the company is investing in the future.

Sep 18 · 16:42Amazon
Finance · Real estate

Newmark Arranges Financing for Related Ross' Acquisition of Landmark 1.7 MSF Boca Raton Innovation Campus

Vision for Former IBM Campus Includes Mix of Amenities, Retail and Restaurants NEW YORK, Sept. 18, 2026 -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or the "Company"), a leading commercial real estate advisor and service provider to large institutional investors, global...

Sep 18 · 15:02PR Newswire
AI · Retail

Coresight Research Hosts One-Day Conference Examining AI Impact and Strategies for the Retail Industry

NEW YORK, September 18, 2026--Coresight Research, the leading research and advisory firm specializing in retail and technology, in partnership with Tractor Supply and Soles4Souls, announces Coresight Conference: How AI Is Redefining The Possible, a one-day conference taking place September 28, 2026, in Nashville, TN. Coresight Conference creates an opportunity for retail executives and technology leaders to examine how artificial intelligence has impacted brands, retailers, and consumers, and sh

Sep 18 · 14:57Business Wire
Retail

FAO SCHWARZ BRINGS ITS ICONIC TOY STORE EXPERIENCE TO AMAZON.COM THIS FALL

FAO Schwarz launched its first-ever Amazon storefront, offering customers in the U.S. a new way to shop its collections and enjoy the brand experience NEW YORK, Sept. 18, 2026 -- The FAO Schwarz legacy of wonder and awe is now available on Amazon.com, along with a...

Sep 18 · 12:05PR Newswire
Retail · Food & drink

Non-UPF Verified Surpasses 300 Products as Demand for Food Processing Transparency Grows

Program introduces a new consumer app that lets shoppers scan products, learn about food processing and ask their favorite brands to pursue verification BELLINGHAM, Wash., Sept. 18, 2026 -- Since opening for enrollment on January 21, 2026, the Non-UPF Verified program has...

Sep 18 · 12:00PR Newswire
Finance · Crypto

3DG Jewellery Celebrates Its 23rd Anniversary in Dazzling Style

HONG KONG, Sept 18, 2026 - 3DG Holdings (International) Limited (“3DG Holdings” or the “Group”) (Stock Code: 2882) is pleased to celebrate the 23rd anniversary. To commemorate this milestone, the brand has invited renowned designer and illustrator Mr. Alex Gan, known for his delicate style and dreamlike brushwork, to create an exclusive anniversary-themed artwork. This crossover collaboration embodies the brand’s “Young at Heart” philosophy through jewellery. Drawing inspiration from 3DG Jewellery’s signature products, the artist has transformed classic design elements into imaginative illustrations. These include the Eight Treasures Compass from the “Classic Gold” collection, the four-leaf clover from the “Golden Allure GA” collection and the feather from the “Bling Bling Gold” collection, offering a new artistic interpretation of jewellery aesthetics. Taking centre stage in the celebration is the newly launched “Bling Bling Gold” Phalaenopsis Orchid Collection. The collection combines graceful, three-dimensional contours with the brand’s exclusive Bling Bling Gold craftsmanship and technology, allowing the gold surface to refract a spectrum of colours as the light shifts. Designed to complement both wedding occasions and everyday styling, the collection seamlessly combines romantic sophistication with modern versatility, allowing wearers to express their individuality with confidence and elegance. In addition, a range of exclusive co-branded merchandise, including gift boxes, tumblers and stylish scarves, will be launched during the campaign, offering customers an artistic experience that engages both sight and touch. A host of limited-time offers will also be rolled out, with selected jewellery pieces available at a special appreciation price of HK$2,388, as a token of gratitude for customers’ continued support. Cross-Industry Collaboration: Art-Inspired Jewellery, with Dreamlike Elements Woven into the Designs Renowned designer and illustrator Mr. Alex Gan drew his creative inspiration from a romantic starry sky, using gold and holographic silver as the dominant tones. Gold symbolises the precious metal, while holographic silver represents the dazzling brilliance of jewellery. The artwork adopts a swirling, encircling composition that evokes a sense of fluid movement. Shooting stars streak across the sky as graceful hummingbirds and fluttering butterflies act as guides, accompanied by soft velvet ribbons and exquisite jewellery. Together, these elements create a light and dynamic sense of moving towards something longed for. Gilded flowers burst into bloom while pristine feathers unfurl and dance across the sky, intertwining as they converge into a glittering vortex of swirling light, surrounded by delicate sparkles of starlight. The layered interplay of light and shadow creates a refined and dreamlike atmosphere, with the silhouette of a beautiful young woman appearing subtly amid the starlight. Each visual element echoes the others, giving concrete form to romantic imagery. Through symbols such as starlight, blossoms, wings, butterflies and birds, the artwork conveys the vibrant and ever-renewing inner vitality of love, resulting in an artistic visual expression that combines aesthetic beauty with emotional meaning. This cross-industry collaboration embodies the brand’s “Young at Heart” philosophy, demonstrating how jewellery can transcend the boundaries of age and time, empowering every woman to discover her own moment to shine. Inspired by 3DG Jewellery’s signatureCollections, Mr. Gan has woven the brand’s classic designs into the artwork. The curves of the butterfly’s outstretched wings echo the silhouette of the “Bling Bling Gold” butterfly designs; the lightness of the feathers mirrors the ethereal elegance of the “Bling Bling Gold” feather design; and the four-leaf clover and Eight Treasures Compass motifs directly reference the classic designs of the “Golden Allure GA” and “Classic Gold” collections. Through this creative dialogue between art and jewellery, each discipline inspires and elevates the other, bringing timeless designs to life through a fresh and imaginative perspective. “Classic Gold” Collection – Eight Treasures Compass Design Gold Pendant with Ruby and Diamonds   Design, craftsmanship and features The Eight Treasures Compass brings together eight auspicious symbols, representing the fulfilment of blessings and wisdom, and enduring good fortune. The vajra represents firm and incisive wisdom that dispels ignorance and overcomes obstacles. Crafted using traditional goldsmithing techniques and set with rubies and diamonds, the design features a rotating vajra at its centre, allowing auspiciousness and everlasting fulfilment to flow through everyday life. “Golden Allure GA” Collection – Four-Leaf Clover Design Gold Pendant with Diamonds   Design, craftsmanship and features A diamond-accented four-leaf clover, with luck woven into its leaf veins. Its delicate veins interlace and spread like the effortless beauty of nature, outlining a vibrant sense of vitality. Studded with diamonds, the design quietly blends the pure beauty of nature with artisanal craftsmanship. Every 5G gold vein carries the classic blessings of the four-leaf clover, with happiness hidden within its leaf patterns and vitality captured in its design. The piece not only echoes the harmonious coexistence of nature and art, but also ensures the wearer is constantly surrounded by good wishes.   “Bling Bling Gold” Collection – Feather Design Gold Pendant     Design, craftsmanship and features A single feather of breathtaking grace, born bathed in light. This 5G gold feather is the embodiment of lightness, symbolising the guidance of light and the favour of good fortune, like an invisible pair of hands silently bestowing protection and blessings. Adorned in colour, the feather takes on an even deeper meaning, giving every aspiration for growth a vibrant and warm undertone. Featured Collection: “Bling Bling Gold” Phalaenopsis Orchid Collection Radiates Timeless Brilliance As the flagship highlight of the 23rd anniversary celebration, the “Bling Bling Gold” Phalaenopsis Orchid Collection makes a striking debut. The Collection combines phalaenopsis orchids with graceful butterflies. Through the use of 5G Bling Bling Gold craftsmanship and Italian filigree techniques, the surface achieves a dazzling lustre with distinct layers, radiating timeless brilliance. Available in large, medium and small versions, the thematic designs combine versatile fashion appeal with the symbolism of beauty and happiness, breaking free from the conventions of traditional bridal jewellery to present a modern bridal style for a new generation. From weddings to everyday attire, the pieces can be effortlessly styled to enable the wearer to shine at every moment. “Bling Bling Gold” Collection – Phalaenopsis Orchid Design Design, craftsmanship and features Gradated phalaenopsis orchids and graceful butterflies create a rhythmic sense of dynamic beauty, capturing a vivid moment in a spring garden. 5G Bling Bling Gold and Italian handcrafted filigree outline the petals, with fine gold wires shaped precisely to follow the contours of each flower, recreating the beauty of the layered, unfurling blossoms. The shimmering gold surface complements the openwork filigree, perfectly blending bridal festivity with the natural grace of flowers. Gold Necklace Gold Earrings       Gold Ring Gold Bangle     More from the “Bling Bling Gold” Butterfly Collection Gold Pendant   Design, craftsmanship and features Inspired by the butterfly as a symbol of love, this piece conveys a heartfelt wish for enduring devotion between lovers. Crafted with 5G gold as its foundation, the butterfly silhouette is precisely cast and enhanced with a combination of CNC sparkle-cut gold and Bling Bling Gold techniques, complemented by hand-wound filigree detailing to create three-dimensional layering and dazzling lustre. Perfect for both daily wear or as a festive gift.   Design, craftsmanship and features A versatile range of affordable-luxury designs inspired by the beauty of a butterfly’s metamorphosis, featuring lightweight butterfly silhouettes crafted in 5G gold. The deluxe necklace features butterflies in graduated sizes extending from both sides of the neckline toward the centre. Small butterflies flutter delicately while larger ones unfold their wings in full splendour, as if a flock of butterflies were following a trail of light and shadow, symbolising the beauty and hope found in life’s transformations. Design, craftsmanship and features Crafted using gold wire-wrapping techniques, the fluttering butterfly wings shimmer with iridescent hues, capturing the breathtaking moment a butterfly emerges from its cocoon and takes flight, accompanying the wearer through every wonderful moment. 23rd Anniversary Exclusive Privileges and Special Offers To celebrate its 23rd anniversary, 3DG Jewellery is presenting a series of exclusive privileges starting from 19 September 2026, adding extra joy and excitement to customers’ jewellery shopping experience: Offer 1: Celebrating with Woven Flowers Customers who visit any 3DG Jewellery  store and scan the in-store QR code will receive one complimentary handmade woven flower, sharing blessings through this little gift. Click here to play the online game. Upon completion, participants will receive a complimentary  redemption coupon for a multi-functional luggage tag with mirror, as well as a 25% off diamond purchase coupon.     Offer 2: Anniversary Special Selected jewellery pieces are available at a special appreciation price of HK$2,388, as a heartfelt token of gratitude for customers’ support.     Offer 3: Anniversary Gifts Receive a complimentary “3DG Jewellery Gift Box” with any purchase; a “3DG Jewellery Fashion Scarf” with a purchase of HK$5,300 or above; and a “3DG Jewellery Tumbler” with a purchase of HK$8,300 or above. Gifts are available in limited quantities, while stocks last.       Offer 4: Exclusive Member Benefits Members purchasing products from the “Bling Bling Gold” collection will receive double bonus points. Members can also redeem designated gifts using 30% fewer points, allowing them to enjoy exclusive privileges. The above offers are subject to the relevant terms and conditions. For details, please refer to in-store promotional materials or visit the official website. For more high-resolution photos, please click here to download About Mr. Alex Gan, Designer and Illustrator Illustrator Mr. Alex Gan graduated from the Academy of Arts & Design at Tsinghua University, China. He has long been engaged in the study and practice of illustration inspired by the artistic language of copperplate engraving. Skilled at controlling the rhythm of simple lines and their complex interweaving, he creates richly detailed and delicate visual effects, and uses this approach  to present intricate compositions imbued with a vintage flair and strong narrative. He is also adept at exploring and applying a wide range of cultural symbols, giving his works a sense of sophistication and refinement. Mr. Gan has provided illustration services for numerous prestigious brands, and his work has won multiple international awards, including the Silver A’ Design Award (Italy), Pentawards Silver, MUSE Design Awards Platinum (USA) and the iF Design Award (Germany). About 3DG Holdings (International) Limited (Stock Code: 2882) 3DG Jewellery is a distinguished jewellery brand from Chinese Mainland and a member of the Luk Fook Group. The brand is mainly engaged in design, product development, and retailing of gem-set jewellery products under the “3DG Jewellery” name and gold and platinum jewellery, it also provides customized corporate gift services.  Since 2003, 3DG Jewellery has established a retail network in Chinese Mainland, Hong Kong S.A.R., Thailand and Australia, with nearly 300 shops, its brand image is deeply recognized and affirmed. Embracing the brand philosophy of “Young at Heart,” 3DG Jewellery crafts stylish and distinctive pieces. With its unique product charm and “3DG Prestige Service”, the brand has won the recognition of consumers and celebrities, while also receiving widespread praise throughout its development. For more information, please visit the official website of 3DG Jewellery at:  https://www.3dg-group.hk/

Sep 18 · 02:45ACN Newswire