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LG EXPANDS INVESTMENT IN AI AND DEEP TECH STARTUPS

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Company Joins SBVA’s AI Fund and Continues Efforts to Nurture Future Businesses Through Open Innovation Activities

SEOUL, South Korea, Aug. 19, 2024 /PRNewswire/ — LG Electronics (LG) is making significant investments in startups specializing in artificial intelligence (AI) and deep tech. LG has committed USD 10 million as a key limited partner in the newly established USD 130 million “Alpha Intelligence Fund (AIF)” by SBVA.

SBVA will curate a portfolio for AIF by selecting startups with high growth potential in AI, deep tech and robotics. The firm aims to leverage its global networks and resources to support the growth and meaningful achievements of these startups.

For over 20 years, SBVA has been investing in global startups, enhancing its expertise in ICT technology and strengthening its international network. By participating in the SBVA fund, LG plans to engage in the sharing of information on rapidly changing innovative technology trends and reflect these global market changes in its management strategies.

Through this investment, LG aims to expand cooperation with innovative startups and continue efforts to secure future technologies, ultimately seeking qualitative growth. The company plans to strengthen its networking with leading global companies and startups, discover additional opportunities for strategic investments and secure technological capabilities for future businesses.

LG intends to accelerate its transformation into a “Smart Life Solutions” company by securing innovative technologies for its key growth engines, including platform-based service businesses, B2B businesses and other new ventures. The company plans to continue efforts to secure future core technologies and expand its business areas beyond the home to business spaces, mobility and more.

Previously, in July, LG acquired an 80 percent stake in Athom, a smart home platform company headquartered in Enschede, Netherlands, and signed a contract to acquire the remaining 20 percent within the next three years. In March, LG invested USD 60 million in Bear Robotics – an AI-based autonomous service robot startup headquartered in Redwood City, Silicon Valley, USA – through a new stock acquisition agreement to acquire a stake in Bear Robotics.

In addition, through LG NOVA – the company’s Silicon Valley-based innovation center – LG has been conducting annual contests since 2021 to discover and nurture startups with innovative ideas and support their commercialization, thereby seeking new business opportunities. LG NOVA is particularly focused on building sustainable growth and nurturing systems for future innovative industries such as digital healthcare, clean tech and AI.

“By participating in the AIF, we aim to secure AI capabilities through active open innovation activities and strengthen our position within the AI value chain,” said Eugene Yoo, vice president and leader of the Open Innovation Task at LG. “We plan to discover and collaborate with capable startups to explore future business opportunities.”

“We will continue to make investments that accelerate technological innovation, leveraging our differentiated technical expertise, global network and investment experience. We plan to maximize the growth potential of these companies by supporting the establishment of joint ventures with startups and major investors, and by promoting collaborative business projects,” said SBVA CEO JP Lee.

Meanwhile, SBVA, established as SoftBank Ventures Asia under the SoftBank Group, was acquired last year by The Edgeof, an investment company led by Taizo Son, chairman of the global investment firm Mistletoe, and became independent. SBVA manages assets totaling approximately USD 2 billion AUM and has offices in San Francisco, Israel, Singapore and Seoul. It is investing in over 100 companies. SBVA plans to conduct a second closing within the year to increase the size of the AIF.

About LG Electronics, Inc.

LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 74,000. LG’s four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions – combined for global revenue of over KRW 84 trillion in 2023. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.

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SOURCE LG Electronics

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Yiren Digital Receives NYSE Notification Regarding Stock Price Requirement

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BEIJING, Nov. 13, 2026 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced that it received a letter dated October 20, 2026, from the New York Stock Exchange (the “NYSE”) notifying the Company that it was not in compliance with the NYSE’s continued listing standard under Section 802.01C of the NYSE Listed Company Manual (the “Price Criteria”) for the average closing price of the Company’s American depositary shares (the “ADSs”) was below US$1.00 per ADS over a consecutive 30-trading-day period.

The Company has six months following receipt of the notification (the “Cure Period”) to regain compliance with the Price Criteria. The Company can regain compliance during the Cure Period if, on the last trading day of any calendar month during that period, its ADSs have both a closing price of at least US$1.00 per ADS and an average closing price of at least US$1.00 per ADS over the 30-trading-day period ending on that day. In the event that at the expiration of the Cure Period, both a $1.00 closing price and a $1.00 average closing price over the preceding 30 trading days are not attained, the NYSE will commence suspension and delisting procedures.

The notification does not immediately affect the Company’s business operations. The Company’s ADSs will continue to be listed and traded on the NYSE subject to compliance with other applicable continued listing standards. The Company will continue to monitor the trading price of its ADSs and consider available measures to regain compliance.

About Yiren Digital

Yiren Digital Ltd. is a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “estimate,” “expect,” “hope,” “going forward,” “intend,” “ought to,” “plan,” “project,” “potential,” “seek,” “may,” “might,” “can,” “could,” “will,” “would,” “shall,” “should,” “is likely to” and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident,” and similar expressions. Forward-looking statements are based on management’s current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.

View original content:https://www.prnewswire.com/news-releases/yiren-digital-receives-nyse-notification-regarding-stock-price-requirement-302938620.html

SOURCE Yiren Digital Ltd.

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How Schools Can Choose Interactive Donor Recognition That Lasts Beyond GivingTuesday

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Rocket Alumni Solutions outlines practical evaluation criteria for schools seeking to preserve donor stories and support year-round stewardship.

BOSTON, Nov. 13, 2026 /PRNewswire/ — With GivingTuesday and year-end giving approaching, Rocket Alumni Solutions is sharing practical considerations for schools choosing an interactive donor Hall of Fame or digital donor wall. The starting point is the story a school wants to tell: who contributed, what they made possible and how their generosity connects to the community.

A donor’s name can lead visitors to the history of a scholarship, a renovated performing arts space or a program that shaped generations of students. Interactive recognition gives schools room to preserve that context alongside photographs and other media, with collections that can grow as new contributions become part of the school’s history.

For advancement teams, the year-end planning question extends beyond how a display looks at launch. Schools also need to understand how people will find donor stories, who will keep them current and what the project will require over time.

Compare the experience, upkeep and full cost

Schools comparing donor recognition platforms can use six questions to structure demonstrations and written proposals:

Can visitors find the story? Test searches using a donor’s name and browse the collections a visitor would expect. Check whether each profile explains the contribution and its connection to the school.Who keeps recognition current? Ask a staff member to add a profile, correct a name and update a photograph during the demonstration. Confirm who handles content preparation, review and future updates.Can people use it comfortably? Review text readability, contrast, navigation and the physical reach of the campus display. Ask vendors to demonstrate accessibility features and provide documentation for the school’s review.What can each story include? Compare support for photographs, video and written narratives. Confirm any media limits and whether staff can add context without rebuilding the collection.Does it fit the wider school story? Evaluate how donor recognition can sit alongside alumni profiles, academic achievements, arts programs and athletic history while remaining easy to find.What does the written quote cover? Separate recurring software costs from hardware, installation and other services. Confirm content-upload assistance, support hours, renewal terms and responsibility for ongoing maintenance.

Plan for recognition throughout the year

A manageable first collection might focus on scholarship supporters or the people behind a campus project. Before publication, schools should verify names, secure permission for photographs and personal stories, and confirm each donor’s recognition preferences, including requests for anonymity.

Advancement, communications and athletics staff can agree on how stories will be organized and who will approve changes. A clear owner and an update schedule help the collection remain useful after a campaign ends or staff responsibilities change.

Recognition should also be evaluated on its own terms. Schools can review whether profiles are accurate, stories are easy to discover and visitors can use the experience.

Connect campus recognition with online discovery

Rocket Alumni Solutions’ History Showcase supports donor recognition alongside alumni stories, school achievements and historical collections. Recognition sites can be explored on the web as well as on a compatible campus touchscreen, and staff can maintain content through Rocket’s editor.

Schools can bring a sample donor story and their evaluation questions to a demonstration to discuss content preparation, display placement, support and project-specific pricing.

About Rocket Alumni Solutions

Rocket Alumni Solutions partners with more than 1,500 schools and organizations, including the PGA Tour, New York University, Arizona State University and Virginia Tech. The company helps communities celebrate achievements, preserve their history and recognize the people who shaped them.

Rocket Alumni Solutions’ touchscreen software maintains an 80 Net Promoter Score, reflecting exceptional ease of use and customer satisfaction. Its interactive touchscreen software helps schools create digital Halls of Fame, donor recognition walls, record boards and campus recognition displays that celebrate community achievements and preserve institutional history.

Rocket Alumni Solutions serves schools and organizations of all sizes. Every plan includes unlimited storage, pre-built templates, remote content management and plug-and-play setup. Schools receive ongoing support as their recognition collections grow.

press@rocketalumnisolutions.com

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SOURCE Rocket Alumni Solutions

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Media Advisory – Parliamentary Secretary Hanley to make a critical minerals announcement in Yukon

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WHITEHORSE, YK, Nov. 13, 2026 /CNW/ — Brendan Hanley, Parliamentary Secretary to the Minister of Northern and Arctic Affairs, on behalf of the Honourable Tim Hodgson, Minister of Energy and Natural Resources, will make a critical minerals announcement at the 54th Annual Yukon Geoscience Forum and Trade Show in Whitehorse, hosted by the Yukon Chamber of Mines.

Date: Monday, November 16, 2026

Time: 8:30 a.m. MST

Location:
Kwanlin Dün Cultural Centre Longhouse
1171 Front Street
Whitehorse, Yukon Y1A 0G9

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SOURCE Natural Resources Canada

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