7,353 press releases indexed under saas.
NANJING, China, Sept. 5, 2026 /PRNewswire/ -- "China Hour," a year-round media initiative jointly operated by Jiangsu Broadcasting Corporation (JSBC) and the South African Broadcasting Corporation (SABC), is significantly expanding the footprint and accessibility of Chinese audiovisual...
(PR-inside.com) SUNNYVALE, CA / ACCESS Newswire / September 5, 2026 / opAIda, an enterprise artificial intelligence company focused on transforming complex, knowledge-intensive workflows, today celebrated the grand opening of its Silicon Valley office at Plug and Play Tech Center in Sunnyvale, California. The opening marked more than a geographic expansion for opAIda. It represented an strategic step as the company sharpened its focus on Life Sciences and advanced its vision for an AI platform designed to support key workflows across the industry's value chain. From Regulatory AI to the Life Sciences Value Chain Drug development generates enormous volumes of scientific, clinical, quality, regulatory and ..
HONG KONG, Sep 5, 2026 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Hong Kong Special Administrative Region (HKSAR) Government, CENTRESTAGE, Asia’s annual premier fashion event and a flagship programme of the third edition of Hong Kong Fashion Fest, concluded successfully today. The four-day fair attracted over 12,000 trade buyers from 93 countries and regions, setting a new attendance record. Buyer from Vietnam, Russia, US and Malaysia recorded notable growth. This year, CENTRESTAGE and Salon de Time, the HKTDC’s concurrent fashion event, were fully open to the public for free admission. Counting public visitors alone for the two fairs, over 20,000 attendances were recorded. This enthusiasm promotes cross-sector exchange between the fashion and lifestyle industries and creates new business opportunities for industry players while underscoring Hong Kong’s unique strengths as Asia’s fashion hub and an East-meets-West centre for international cultural exchange. The four-day 11th CENTRESTAGE was fully open to the industry and the public for free admission, attracting over 12,000 trade buyers from 93 countries and regions to enter, with an enthusiastic response. Smilely Lam, Associate Executive Director of the HKTDC, said: "For many years, CENTRESTAGE has been committed to assisting fashion brands and designers in expanding into international markets. Entering its 11th edition this year, the fair brought together some 270 brands from 24 countries and regions, setting a record high in the number of participating brands. This includes several internationally renowned design brands participating in Hong Kong for the first time, such as DOUCAN and holynumber7 from Korea; Woody from Austria and VICETA WANG from Australia. The fair also drew a record number of local and international buyers for sourcing and business matching, including those from top-tier retail giants with global sales networks such as the United Kingdom’s Dover Street Market London and Selfridges, Italy’s 10 Corso Como, and Korea’s Musinsa. The dynamic interactions between exhibitors and buyers demonstrated that the fair successfully fostered cross-sector exchanges among fashion, art, cultural creativity, and lifestyle industries, opening up innovative modes of collaboration. This reflects how the fashion industry is rapidly integrating with diverse creative fields to unlock greater commercial potential. More than a showcase of design creativity, CENTRESTAGE serves as a vital platform that helps brands enhance visibility, expand business opportunities, and reach international markets." The annual mega event CENTRESTAGE gathered some 270 brands from 24 countries and regions to participate, with the number of participating brands reaching a record high this year.The Austrian pavilion made its debut at CENTRESTAGE, presenting seven sustainable fashion brands, including Woody, which carries on a classic wooden-clog craft with more than a century of history.On the third day of the fair, a Korean fashion show themed “SEOUListic: The Future is Sustainable” further showcased Korean designers’ creativity and sustainability ethos. Former IZ*ONE member Lee Chaeyeon performed as a special guest. The atmosphere was electrifying, underscoring the international appeal of Korean fashion. Industry optimistic about streetwear brands markets as cross sector collaboration becomes a key trend To understand the latest developments and market trends in the fashion industry, the HKTDC interviewed over 350 exhibitors and buyers on-site during the fair. The survey revealed an optimistic sentiment among respondents, with 96% expecting overall sales to remain steady or grow in the next 12 to 24 months. In terms of product trends, 58% of respondents identified fashion design as the most popular product category. Meanwhile, streetwear and cross-sector collaboration emerged as focal points, with 73% agreeing or strongly agreeing that brand crossovers and IP partnerships will become increasingly prevalent in the coming year, underscoring the market potential of integrating fashion with streetwear brands and IPs. Responding to the rapid development of streetwear in recent years, CENTRESTAGE introduced the brand-new Hype² pavilion for the first time this year, spotlighting multiple fashion labels spearheaded by local celebrities and KOLs. Several brands launched about 30 limited-edition and debut products during the fair, with celebrities also visited the zone for close interaction with fans. Fashion brand and online store Claro was founded this year by actress Rosita Kwok. She said: “We joined the fair to strengthen the positioning of the new brand and to stay on top of market trends. During the event, we attracted interest from buyers in the Chinese Mainland, Japan and Germany, laying a foundation for future market expansion. Through direct engagement with shoppers and fans at the fair, we were also able to gather valuable feedback for the brand.” CENTRESTAGE introduced the Hype² pavilion for the first time this year, launching about 30 limited-edition and debut products during the exhibition period. The "Hype² Fashion Show" was also held during the fair, with over 10 trendsetting brands collectively showcasing their design characteristics and brand styles in a bustling atmosphere. Cross-sector collaboration collections also caught the attention of buyers. Local designer Janko Lam's brand "Classics Anew" collaborated with ink painting artist Kan Tai-keung, transforming Kan's ink art into inspiration. Their first collaboration collection, "Quartet", was officially launched at CENTRESTAGE. This year’s CENTRESTAGE also strengthened on-the-ground support for local exhibiting brands. Ronald Chan, founder of gothic silver jewellery brand Devil Claw and a participant in the pre-fair workshop, said: “The mentors provided highly valuable practical guidance. The workshop made me realise that international buyers look beyond design and price, and place even greater importance on a brand’s operational capability and potential for long-term partnership.” He added that the brand generated tens of thousands of Hong Kong dollars in on-site retail sales during the exhibition and entered discussions with new buyers from France and Taiwan. Designer Janko Lam's brand "Classics Anew" and ink painting artist Kan Tai-keung launched their collaborative fashion collection "Quartet" at the fair. Both attended in person to show their support, demonstrating the infinite possibilities of cross-sector collaboration. Active business exchanges between brands and buyers as the platform plays a superconnector roleKorea debuted as the "Featured Partner" of the fair for the first time. Jointly organised by the Korea Trade-Investment Promotion Agency (KOTRA), HISEOUL SHOWROOM, and the Consulate General of the Republic of Korea in Hong Kong, presenting 12 renowned designer brands from Seoul. In addition, the Gyeonggi Fashion Creative Studio brings 10 distinguished fashion labels from Gyeonggi Province. Wilfred Chung, Project Manager of KOTRA Hong Kong, commended CENTRESTAGE’s quality business-matching environment. He said the stylish and sophisticated setting brings fresh experiences: “Visitor traffic on the pavilion’s opening day exceeded expectations, attracting more than 400 visits. Some brands have already reached deals with Hong Kong buyers to launch offline retail at a major shopping mall in Kai Tak.” In addition to connecting with Hong Kong buyers, CENTRESTAGE also helped brands in the Korean pavilion expand into international markets. Antonio Shin, founder and designer of the namesake Korean fashion brand, presented the SS27 Collection featuring local fabrics and production. The brand successfully connected with department stores, chain retailers and specialty-store buyers from the Chinese Mainland, France, Germany, Kazakhstan, Russia and Thailand. First-time exhibitor Asparagus, a Seoul-based avant-garde brand offering genderless high-end fashion, also drew strong buyer interest. Founder and designer Je Lee said: “The brand attracted attention from buyers in the Chinese Mainland, Southeast Asia and Australia. The fair is expected to generate initial orders of about US$6,000 to US$7,000, giving us a strong boost as we expand in the Asian market.” Including Korea, this year's CENTRESTAGE brings together exhibitors from 24 countries and regions, among which Austria, Colombia, the Faroe Islands, Malaysia, Slovakia, and the United Arab Emirates participated for the first time. Jennifer Feigll, Consul (Commercial Affairs) and Austrian Trade Commissioner for Hong Kong and Macao, and Head of Advantage Austria Hong Kong, led a national pavilion for the first time in the Circular Fashion zone, presenting seven sustainable brands, most of which were making their debut in Asia. She said: “The fair is an excellent starting point for entering Hong Kong, the Greater Bay Area and the wider Asian market. A number of brands have already begun discussions with buyers. Cape De Coeur’s waterproof cape, in particular, was featured by leading fashion titles Vogue and GQ.” Marianne Perkovic, Executive Chair, Australian Fashion Council, once again led a delegation to Hong Kong. She said: “The original plan of about 120 buyer meetings over the four-day fair increased to 180, with the strongest interest coming from buyers in Hong Kong, the Chinese Mainland, Indonesia and Korea. The team is now in talks with a major local shopping mall in Hong Kong on pop-up and long-term store collaborations for a new project scheduled to open in 2027. In addition, leather brand West 14th has already secured concrete partnerships with buyers from Korea and Japan.” The Canadian pavilion was led by the Consulate General of Canada in Hong Kong and Macao, bringing together a lineup of women-founded and women-led premium brands. The fair attracted international buyers from leading department stores including Sophie Rose Davis-Evans, menswear and streetwear buyer at renowned British department store Selfridges, who was visiting CENTRESTAGE for the first time. She noted that the fair's diverse portfolio of brands provides an excellent platform for discovering emerging labels with strong potential for the UK and Western European markets. She said: “I met with more than 10 emerging brands during the fair, and two Hong Kong labels, peces and MURFI LAU, stood out in particular. We are negotiating a wholesale partnership.” Tifandy Okto, General Manager of Indonesia’s Galeries Lafayette, also overseeing sourcing for Sogo and Seibu, “We are particularly interested in Australia’s VICETA WANG and Chinese Mainland brand WANZZZ. Subject to suitable commercial terms, we plan to introduce their products to our retail outlets.” Richie Chan, founder of well-known Chengdu fashion store Triple Major, visited the fair for the first time and spoke highly of the exhibition, noting that it successfully met his dual objectives of retail sourcing and elevating his own fashion brand. He placed three orders on the spot, including Danish brand Henrik Vibskov, which meets Paris Fashion Week standards, and Thai brand Collector Project, founded by a graduate of the Royal Academy of Fine Arts in Belgium. He also connected with Austrian premium fabric supplier Lenzing to upgrade his own brand, and described the visit as highly rewarding. The fair featured seven themed zones covering a diverse range of fashion sectors and design styles. New this year, the Perfume zone brought together renowned fragrance brands from around the world, with more than 20 brands making their Hong Kong debut. The zone attracted strong visitor interest and maintained a lively atmosphere throughout the fair. Moon Li, Founder of Artis Cultural Association, praised the fair's extensive media exposure and sophisticated presentation, noting that both had provided participating international perfume brands with outstanding visibility and results that far exceeded expectations. She said: "We were pleasantly surprised by the large number of fragrance enthusiasts in Hong Kong and their strong purchasing power. We expect on-site retail sales during the fair to reach HK$100,000." The fair also arranged business matching sessions to help exhibitors explore further collaboration opportunities. Looking ahead, Li expressed her special hope that, through CENTRESTAGE, the Perfume zone could evolve into Hong Kong's flagship fragrance event. The newly introduced Perfume zone this year brought together well-known fragrance brands from around the world. The area was lively, with steady streams of visitors. Record-breaking over 30 fashion shows and designers actively showcase new collectionsOver 40 captivating events were held during the fair, including more than 30 fashion shows, setting a record high in the event's history. This not only brought a rich visual feast to the industry and the public but also fully demonstrated the vitality and advantages of Hong Kong as a "mega-event capital". The event also underscored designers' commitment to presenting their latest collections, showcasing the exchange and integration of local and international fashion creativity. The grand opening fashion show, CENTRESTAGE ELITES, took place first on 2 September, putting the spotlight on KIT WAN STUDIOS, a multidisciplinary design and visual art studio. Over 30 brand-new looks that had never been publicly released or exhibited made their debut at the fashion show, stunning the entire audience. Kit Wan also engaged in an in-depth exchange with Dan Hastings, Editor of The Business of Fashion, freely discussing the brand's experience in expanding into overseas markets and insights on creative inspiration. The venue was packed, and the audience responded enthusiastically. Hong Kong-born visual artist Kit Wan attended a sharing session to have an in-depth exchange with Dan Hastings, Editor of The Business of Fashion. Another spotlight event, the Fashion Hong Kong Runway Show, was held on 3 September, presenting meticulously crafted Spring/Summer 2027 collections by four highly representative homegrown designer labels—112 mountainyam, ANGUS TSUI, ARTY:ACTIVE, and Z I D I. Under the theme "Hong Kong Dopamine", the four designers drew inspiration from the city's streetscapes, architecture, cultural memories and urban energy. Through their Spring/Summer 2027 collections, they interpreted the concept of dopamine from different perspectives, spanning joy, black humour, dynamic movement and quiet resilience, delivering a runway experience infused with Hong Kong's distinctive creative spirit. As a platform to promote local fashion brands and designers, the fashion website FASHIONALLY.COM continued to hold four fashion presentations during CENTRESTAGE this year, including FASHIONALLY Collection #26 and three FASHIONALLY Presentations, where local brands MARCCH, MURFI LAU, OUS, phenotypsetter, Oplus2, and Szmannie unveiled their latest collections. In addition, multiple local fashion brands also launched their latest collections through the CENTRESTAGE stage, including KEVYIU's "Inherited Silhouette" collection, transforming menswear elements from the 1970s and 1980s into womenswear, combining their signature fluid lines with distinctive, masterful tailoring. Other brands presenting new works included VICTOR CHAN STUDIO x atelierYVF and Imellda Ho Millinery. A number of fashion brands staged runway shows during CENTRESTAGE. HELLO! YOUR HIGHNESS! presented by Imellda Ho Millinery was showcased. There was also a fashion showcase organised by the Fashion Farm Foundation, featuring works by designers from the Greater Bay Area; and the Knitwear Innovation and Design Society (KIDS) hosted the "Young Knitwear Designers' Runway 2026". The "Sparkle Charity Foundation x Sparkle Collection: Next In Chinese Style – Young Designer Challenge 2026 Award Presentation Ceremony" , initiated by designer label SPARKLE by KAREN CHAN, recognised outstanding emerging design talent and promoted the preservation and innovation of Chinese fashion culture. The grand finale of the 16th Redress Design Award, dedicated to driving circular fashion development, was also successfully held at CENTRESTAGE, with multiple awards successfully presented and the First Prize won by designer Jon Liesenfeld from Germany. Hong Kong designer Jasmine CheuCheuk won the Runner-up and the Hong Kong Best Prize. Photo download: https://bit.ly/3StClfR CENTRESTAGE: https://www.hktdc.com/event/centrestage/en CENTRESTAGE Instagram: https://www.instagram.com/centrestage_hktdc/?hl=tc Fashion Hong Kong: https://www.fashionhongkong.com/ Hong Kong Young Fashion Designers' Contest (YDC): https://www.fashionally.com/en/ Media enquiries HKTDC’s Communications & Public Affairs Department: Katy Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.org Jane Cheung Tel: (852) 2584 4137 Email: jane.mh.cheung@hktdc.org HKTDC Newsroom: 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 research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. About Cultural and Creative Industries Development Agency (CCIDA) The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectorswith a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange. About Hong Kong Fashion Fest Announced by the Hong Kong Special Administrative Region Chief Executive in the 2023 Policy Address, "Hong Kong Fashion Fest" will be organised to develop Hong Kong into a fashion design hub in Asia. Through consolidating various fashion design events and introducing innovative elements and affiliate activities annually, the Hong Kong Fashion Fest promotes Hong Kong’s fashion and textile design brands and boosts Hong Kong’s position as a prime destination for hosting mega cultural and creative events. Under the theme "Rhythm of the Heart", the third edition of Hong Kong Fashion Fest will be held from 1 to 14 September 2026 at various landmarks in Hong Kong. The event will bring together eight flagship programmes organised by six industry organisations and, for the first time, will be combined with CENTRESTAGE - the annual fashion extravaganza organised by the Hong Kong Trade Development Council - to generate stronger synergies. The event will attract fashion design industry players from all over the world to come to Hong Kong; foster collaboration, innovation and business opportunities; establish platform for local and international fashion designers and brands and connect with different sectors in the fashion design industry of Hong Kong, the Chinese Mainland and overseas, thereby consolidating Hong Kong’s position as the East-meets-West centre for international cultural exchange. Copyright 2026 ACN Newswire. All rights reserved. www.acnnewswire.com
Pristine Surgical, the leading maker of single-use, digital arthroscopes, today announced the appointment of Jeffrey S. Abrams, M.D. as Chief Medical Officer. A world-renowned shoulder surgeon and past president of two of the most influential societies in orthopedics, Dr. Abrams will guide Pristine's clinical strategy, medical education, and surgeon engagement as the company scales its 4K single-use platform nationwide. [PR.com]
Gemelli Films has announced its new feature film, Restoring Harmony, which will be shot 100% on location in Jonesborough, TN. Directed by Candice Cain, production is set for late September through early October, and the company is currently offering product placement and brand integration opportunities to local businesses. [PR.com]
Vera AI connects information across a user’s digital life, helping people find important details, understand their personal history, and identify what may need their attention. [PR.com]
The three Bay Area Minor League Cricket franchises, Silicon Valley Strikers, San Ramon Grizzlies, and Bay Blazers—have joined forces to host this year’s tournament under the Bay Area Women’s Open T20 banner. This collaboration creates a unified platform to elevate women’s cricket across the Bay Area and USA. [PR.com]
SAN FRANCISCO, CA, USA, 2026-09-05 — /EPR Network/ — Appnigma AI, the platform that builds and maintains native CRM integrations for B2B SaaS companies, has launched [read full press release...]
Sunrise, FL, 2026-09-05 — /EPR Network/ — Chetu, a global leader in AI and digital transformation solutions, has developed an AI-powered retention and engagement platform that helps digital [read full press release...]
Private markets technology investment platform NonPublic delivered over a 10x return to early investors, after they saw SpaceX's valuation soar to a peak of 2.6 trillion following the biggest IPO in history. SYDNEY, Sept. 5, 2026 /PRNewswire-PRWeb/ -- Private markets technology investment...
Prague, Czech Republic, 2026-09-05 — /EPR Network/ — Devart, a global provider of database management, data connectivity and developer productivity solutions, is marking its 29th [read full press release...]
HONG KONG, Sep 5, 2026 - (ACN Newswire) - On 4 September, Capital Industrial Financial Services Group Limited (00730.HK, the “Company” or “Capital Industrial Financial Services”) issued an inside information announcement detailing its strategic expansion into robotics and intelligent manufacturing and a potential acquisition. According to the announcement, Shougang Industrial Investment (Beijing) Technology Innovation Co., Ltd currently holds approximately 24.84% of Beijing Robot Financial Leasing Co., Ltd. (the “Robot Leasing Company”) and, subject to applicable laws and regulations and requisite regulatory and approval procedures, intends to transfer the relevant shares to Capital Industrial Financial Services. The potential acquisition further demonstrates the Company’s strategy of extending its established supply chain management capabilities into the robotics value chain. Going forward, Capital Industrial Financial Services plans to broaden its presence across the upstream and downstream segments of the robotics value chain. Through supply chain management, equipment leasing and related services, it aims to progressively connect component and equipment suppliers, robot manufacturers, corporate end-users and a range of real-world use cases, while further developing services in equipment deployment, demand matching, supply-demand coordination, system integration and data services. Integrating the Upstream and Downstream Robotics Value Chain: Synergies Across Supply Chain, Use Cases and Data Services According to the Company’s announcement and publicly available information, the Robot Leasing Company, formerly known as Beijing State-owned Assets Financial Leasing Co., Ltd., was established in March 2014 and completed its business transformation in 2025. Under a “robotics + leasing” model, it supports the deployment of robots in real-world use cases, with a focus on addressing the “last mile” of commercialisation and adoption for innovative products. It primarily purchases robot assets from upstream equipment manufacturers and provides end users with access to equipment and related leasing services, thereby linking the upstream and downstream segments of the robotics value chain. The model is well suited to an industry characterised by rapid technological iteration, the need for real-world validation and demanding operations and maintenance requirements. The Robot Leasing Company currently serves areas including healthcare, education, elderly care, landscaping and water services, industrial manufacturing, commercial services, exhibitions and performances, and sporting events. it had connected with a cumulative 300 application scenarios, established business relationships with more than 130 robot manufacturers and facilitated the deployment of about 500 robots. On the upstream side, Capital Industrial Financial Services plans to further extend its existing supply chain management capabilities into the robotics sector, leveraging operations and factoring services to facilitate transactions across the value chain and accelerate robot deployment. This is intended to create a business model in which supply chain services and real-world applications reinforce one another. On the downstream side, the Company plans to address real-world demand through equipment leasing and scenario-based operations. Continued expansion of healthcare, education, landscaping, commercial, industrial-park and manufacturing use cases is expected to directly drive demand for robot procurement and equipment deployment. Going forward, the Company may connect equipment manufacturers with end customers across equipment selection, use-case matching, delivery, operations and maintenance, and post-lease services, allowing downstream demand to drive upstream procurement and gradually creating a cycle of “application demand – equipment deployment – supply chain procurement”. Data and platform services represent a third area of expansion. Leveraging real-world environments within the Shougang ecosystem, including steel, industrial parks, healthcare and intelligent manufacturing, the Company may further expand into demand identification, supply-demand and procurement matching, system integration and online leasing. In this model, the upstream supply chain addresses “where to source”, downstream use cases address “where to deploy”, while data and platform services capture usage feedback and supply-demand information. Together, these elements can form an integrated value chain spanning supply chain coordination, equipment deployment, use-case operations and data services. Accelerating Healthcare Supply Chain Expansion: Procurement Demand Connects Healthcare Institutions with Upstream Suppliers On the same day, in a separate voluntary announcement, Capital Industrial Financial Services disclosed that Beijing West Business Factoring Company Limited, an associate in which the Company holds a 41.41% interest, entered into a strategic cooperation agreement with SHOUYI HEALTHCARE INVESTMENT CO., LTD (“Shouyi Healthcare”) and approved a credit limit of RMB200 million for healthcare supply chain financing projects. The parties will collaborate on commercial factoring and supply chain services across the healthcare supply chain, focusing on procurement activities and supplier-related needs involving pharmaceuticals, medical consumables and medical equipment. Unlike the robotics business, where the entry point is equipment and real-world applications, the healthcare supply chain is anchored more directly in actual procurement. Procurement of pharmaceuticals, medical consumables and medical equipment connects healthcare institutions with a broad network of upstream suppliers, creating demand for supply chain services around working capital and accounts receivable. From a business synergy perspective, Capital Industrial Financial Services can leverage these procurement activities to develop commercial factoring and supply chain services addressing the working-capital and accounts-receivable needs between healthcare institutions and upstream suppliers, creating a tangible avenue for extending the Company’s supply chain management capabilities into healthcare. Interim Revenue Rises 99% Year on Year, with Supply Chain Management Emerging as the Main Growth Driver Alongside its expansion into new business areas, Capital Industrial Financial Services’ existing supply chain business has continued to scale. In the first half of 2026, the Company recorded revenue of approximately HK$95.15 million, representing a year-on-year increase of 99% and nearly double the level in the corresponding period. Revenue from the supply chain management and financial technology business amounted to approximately HK$68.00 million, up 321% year on year and accounting for approximately 71.5% of the Group’s total revenue, making it the Group’s largest source of revenue. This indicates that supply chain management is becoming a core capability connecting procurement, suppliers, equipment and real-world applications. At the same time, the Company maintained a sound asset position. As at the end of June, total assets amounted to approximately HK$1.969 billion, while capital and reserves attributable to owners of the Company were approximately HK$1.505 billion. Cash and cash equivalents stood at approximately HK$288 million, and the current ratio was 11.88 times, indicating ample overall liquidity. Rights Issue Price at a Deep Discount to Book Value Enhances Subscription Appeal Against the backdrop of rapid growth in its supply chain management business and continued expansion into new industry areas such as robotics and healthcare, Capital Industrial Financial Services has also launched a capital exercise. The Company proposed to consolidate every 50 existing shares into one consolidated share, followed by a rights issue of one rights share for every one consolidated share at a subscription price of HK$6.25 per rights share. Up to approximately 79.0788 million rights shares may be issued, with maximum net proceeds of approximately HK$488 million. For existing shareholders, taking up their rights entitlements on a pro rata basis may help preserve their relative ownership interests in the enlarged share capital while allowing them to participate in the potential growth generated by the Company’s next phase of business expansion. More importantly, the rights issue price represents a substantial discount to book value. As at the end of June 2026, capital and reserves attributable to owners of the Company were approximately HK$1.505 billion. Based on the theoretical post-consolidation share count, net asset value per share was approximately HK$19.03, implying a discount of approximately 67% for the HK$6.25 rights issue price. As the supply chain business continues to scale and the Company advances its expansion into robotics, healthcare and other new industry areas, its capital strength and financial flexibility are expected to be further enhanced. The sizeable discount to book value, together with expectations for continued business expansion, is also an important factor likely to draw market attention to the rights issue. Overall, Capital Industrial Financial Services is advancing its expansion into new industry use cases in robotics and healthcare. In robotics, development is progressing across both upstream and downstream segments of the value chain: upstream, the Company is extending into component and equipment supply chains; downstream, it is addressing real-world demand through equipment leasing and use-case operations, while further expanding into supply-demand matching, system integration, and data and platform services. Together, these activities are gradually creating a business chain spanning supply chain coordination, equipment deployment, real-world applications and supporting services. In healthcare, the Company is leveraging procurement of pharmaceuticals, medical consumables and medical equipment to develop commercial factoring and supply chain services around the needs of healthcare institutions, upstream suppliers and accounts-receivable financing. Building on its existing business base, Capital Industrial Financial Services is progressively applying its supply chain management, financial leasing, commercial factoring and financial technology capabilities across new sectors and use cases, including robotics, intelligent manufacturing and healthcare, while exploring opportunities in robot leasing and operations. As these businesses move towards implementation, the Company’s future growth drivers are expected to shift from the expansion of individual businesses towards a model of “replicating supply chain capabilities across multiple use cases”, building a business system centred on supply chain management, industrial technology and industrial finance services. Copyright 2026 ACN Newswire. All rights reserved. www.acnnewswire.com