BEIJING, Sept. 2, 2026 /PRNewswire/ — Scienjoy Holding Corporation (“Scienjoy”, the “Company”, or “we”) (NASDAQ: SJ), a provider of mobile live streaming platforms in China, today announced it has entered a sale and purchase agreement (the “SPA” and the transaction as contemplated therein, the “Transaction”), through its wholly-owned subsidiary Scienjoy Innovation Labs Inc. (“Scienjoy Innovation”), to acquire 239,234,000 ordinary shares (the “Shares”) of Leader Education Limited (“Leader Education”) (HKSE: 1449.HK), an investment holding company that provides private higher education services in China, from Shuren Education Limited (“Shuren”) the Leader Education’s controlling shareholder, for HK$102.69 million (approximately US$13.1 million). The Shares represent 29.9% of the issued and outstanding share capital of Leader Education.

The closing of the Transaction is subject to mutually agreed conditions, which includes: (i) Scienjoy being satisfied with the results of its due diligence of Leader Education and its subsidiaries; (ii) the absence of any material breach of warranties in the SPA by Shuren; (iii) all necessary waivers, consents, and/or notifications having been obtained; (iv) the continued listing of Leader Education’s ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited on or before the closing date; and (v) no suspension in trading of Leader Education’s ordinary shares had occurred for more than ten consecutive business days.

The parties are expected to close the Transaction five business days after the last of the conditions precedent to closing is either satisfied or waived in accordance with the SPA, or on such other date as the parties may agree in writing. This Transaction can be deemed to be a related party transaction since the Company’s independent director, Jun Lu, is also an executive director of Leader Education.

Mr. Victor He, Chairman and Chief Executive Officer of Scienjoy, commented: “The Transaction represents a strategic equity investment where we expect to integrate our AI and technology capabilities with Leader Education’s educational resources, allowing us to leverage our respective strengths. Scienjoy has been developing intelligent solutions for education, including capabilities that support schools in the unified development and management of course content, administrative systems, teaching and research outcomes. By bringing AI technology and educational resources together, we see significant potential to create new applications and experiences that can better understand the needs of schools, support teachers, and empower students.

“We believe AI and education represent a powerful combination with significant room for innovation and long-term development. We also believe the integration of AI with education can extend well beyond existing applications, creating new possibilities across teaching, learning, content development, and student experiences. Through this strategic investment in Transaction, we look forward to exploring these opportunities with Leader Education and building a broader ecosystem at the intersection of AI, education, and digital content.”

About Leader Education Limited

Leader Education Limited is a private formal higher education service provider based in Heilongjiang Province, China, and ranks among the top private education institutions in the province. It operates its consolidated affiliated entity, Heilongjiang College of Business and Technology, a private regular undergraduate institution specializing in engineering and business management programs. Since 2021, Leader Education has invested in the establishment of two vocational schools in the Yangtze River Delta and Beijing-Tianjin-Hebei regions, respectively, forming an education group with four campuses across three locations.

About Scienjoy Holding Corporation

Scienjoy is a provider of mobile live streaming platforms in China and focuses on interactive show live streaming from broadcasters to users. Driven by the vision of shaping a metaverse lifestyle, Scienjoy leverages AI-powered technology to create immersive experiences that resonate with global audiences, fostering meaningful connections and redefining entertainment. For more information, please visit http://ir.scienjoy.com/.

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission (“SEC”) from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release. 

For investor and media inquiries, please contact:

Investor Relations Contacts
Denny Tang
Chief Financial Officer
Scienjoy Holding Corporation
+86-10-64428188
ir@scienjoy.com

Ascent Investor Relations LLC
Tina Xiao
+1-646-932-7242
investors@ascent-ir.com

View original content:https://www.prnewswire.com/news-releases/scienjoy-holding-corporation-to-acquire-29-9-stake-in-chinese-higher-education-service-provider-leader-education-limited-302867976.html

SOURCE Scienjoy Holding Corporation

Company Showcases Intelligent and Premium Lifestyles Tailored to European Consumers

News Summary

LG Electronics is showcasing its expanded AI Home ecosystem at IFA 2026, demonstrating how AI seamlessly connects appliances, spaces and services to deliver greater convenience while reinforcing its leadership in the global premium home appliance market. IFA visitors can experience AI Home solutions centered on LG ThinQ™ ON and LG ThinQ; the space- and energy-efficient Fit & Max Solution; immersive media entertainment experiences featuring LG OLED evo AI; and a premium lifestyle space dedicated to LG SIGNATURE lineup.

SEOUL, South Korea, Sep. 2, 2026 /PRNewswire/ — LG Electronics (LG) is showcasing its expanded AI Home ecosystem at IFA 2026 in Berlin. Under the theme “Innovation in tune with you,” LG is demonstrating how advanced AI technologies can understand customers’ lifestyles and connect appliances, spaces and services to deliver personalized convenience and greater energy efficiency across everyday life.

At LG’s booth, visitors can experience the LG AI Home centered around the LG ThinQ™ ON AI home hub and LG ThinQ platform, alongside the expanded Fit & Max Solution, immersive media entertainment featuring LG OLED evo AI, and a premium lifestyle space dedicated to LG SIGNATURE. LG is also operating its private business partner consultation space at IFA, strengthening engagement with local retailers and business customers and expanding commercial opportunities in Europe.

LG AI Orchestra and the Connected AI Ecosystem
Greeting visitors at the booth entrance, the LG AI Orchestra unfolds across a 16-by-4-meter kinetic LED installation, where LG CLOiD serves as conductor of a connected AI ecosystem that seamlessly brings together appliances, spaces and services. The AI Orchestra showcases how LG’s diverse products, technologies and services – spanning home appliances, TVs, HVAC and robotics – work in harmony to deliver a connected AI Home experience. The engaging installation embodies LG’s Zero Labor Home vision, which aims to reduce household chores and give customers more time for the things that matter.

AI Home Tailored to Everyday Life
In the AI Home Zone, LG is revealing how its next-generation AI home hub, LG ThinQ ON, together with the LG ThinQ AI home platform, connect appliances, spaces and services into a single, cohesive system. Authentic home environments allow visitors to experience firsthand the ability of LG’s AI to understand both users and the characteristics of each space to provide relevant and personally-optimized functions.

ThinQ Claw, making its public debut at this year’s IFA, is a text-chat-based AI agent integrated with ThinQ ON. By combining natural-language interaction with contextual understanding, it recommends relevant actions and helps simplify everyday life. Throughout the AI Home Zone, visitors can experience how it provides personalized support based on household conditions, user preferences and daily routines.

This year, LG is extending the convenience of AI Home beyond private residences to commercial spaces. LG’s ThinQ Pro, an integrated B2B management solution, enables the centralized control and monitoring of appliances and HVAC systems to support more efficient facility operations. Another AI-based solution on display is the Home Energy Management System (HEMS) powered by Homey – the smart home platform developed by Athom, which LG acquired in 2024. The demonstration shows how Homey HEMS can coordinate energy generation, storage and consumption across the home.

Fit & Max Solution Optimized for European Living Spaces
Developed to European customers’ needs, LG’s expanded Fit & Max Solution features built-in-style appliances that integrate seamlessly into living spaces while supplying large capacities and everyday convenience. Originally applied to select LG refrigerator models, the Fit & Max design now spans washing machines, dryers, and dishwashers.

The Fit & Max Solution zone showcases how the lineup maximizes space without compromising capacity, with refrigerators designed for a sleek, built-in look with flexible storage and laundry appliances offering generous capacity without increasing their footprint.[1] Visitors can also see new Fit & Max dishwashers, including models that can complete a full wash and dry cycle in only one hour.[2]

Reinforcing High-Efficiency Living to More Consumers
The Energy Leadership Zone highlights a range of appliances powered by LG’s high-efficiency core technologies, including the Dual Inverter Heat Pump™ and inverter compressor solutions. Among the LG products on display is a washing machine that uses up to 70 percent less energy than the minimum requirement for an A rating under current European energy efficiency standards.[3] Alongside this are high-efficiency refrigerators, dryers and dishwashers, all offering excellent performance using fewer energy resources.

Importantly, LG is extending its core energy-saving technologies, previously introduced on flagship models, across a broader product portfolio to help make high-efficiency appliances accessible to more European consumers.

Delivering the Ultimate Viewing Experience
The Media Entertainment Zone highlights a premium media gallery concept that harmonizes LG’s unrivaled display technologies with diverse content experiences. At the center of the exhibit is the Wallpaper OLED TV With True Wireless, the ‘LG OLED W6,’ surrounded by TVs of various sizes. Together, they seamlessly transition screens to present a captivating media gallery show that blends into a single, cohesive work of art.

Among the displays showcasing LG’s unrivaled picture quality are the 2026 LG OLED evo AI and the Micro RGB evo AI, both powered by the award-winning α11 AI Processor 4K Gen3 to deliver unprecedented brightness and color accuracy. Through these cutting-edge displays, visitors can enjoy an immersive viewing experience defined by industry-leading picture quality and AI technologies, with the Micro RGB evo delivering an exceptional color viewing experience through its ‘High Purity RGB Spectrum Display, certified by TÜV Rheinland for its outstanding color purity.

Also, LG is extending its entertainment ecosystem by introducing the world’s first UltraGear monitor[4] supporting both FHD resolution and a 1,000Hz ultra-high refresh rate, as well as expansive content experiences driven by the proprietary webOS smart TV platform. Adding to this differentiated media entertainment experience are dedicated lifestyle zones demonstrating the ‘StanbyME 2 Max’ in action and a specialized listening space for the ‘Sound Suite’ home audio system.

The LG SIGNATURE Zone presents the timeless design and advanced AI technology of LG’s ultra-premium lifestyle brand. The LG SIGNATURE refrigerator features AI voice recognition that understands conversational language and can recommend appropriate refrigeration modes for different food items. Combining an internal AI camera with AI Gourmet™, the LG SIGNATURE 30-inch wall oven is able to recognize diverse dishes and suggest the optimal cooking mode, helping deliver a more intuitive and luxurious home culinary experience.

“At IFA 2026, we are showcasing how our expanded AI Home ecosystem can seamlessly connect AI appliances, home hubs and intelligent services to provide exceptionally convenient and personalized customer experiences,” said Baek Seung-tae, president of the LG Home Appliance Solution Company. “With differentiated products and solutions tailored to European lifestyles and living environments, we will continue to strengthen our leadership in the European premium home appliance market.”

Visitors to IFA 2026 can see firsthand LG’s expanded AI Home ecosystem, Fit & Max Solution and high-efficiency appliances and enjoy premium media entertainment and lifestyle experiences at the company’s booth in Hall 18 at Messe Berlin.

About LG Electronics Home Appliance Solution Company
The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers’ quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG’s Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LG.com/global/newsroom/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lg-electronics-showcases-expanded-ai-home-ecosystem-for-european-lifestyles-at-ifa-2026-302868295.html

SOURCE LG Electronics, Inc.

Achieves payroll transformation across seven Asian countries

MELBOURNE, Australia and CHENNAI, India, Sept. 3, 2026 /PRNewswire/ — Leading global payroll software provider Ramco Systems (BSE: 532370) (NSE: RAMCOSYS) announced that it has successfully deployed its Payroll Managed Services, powered by its Payce platform, for Aurecon, an Asia Pacific engineering consultancy, thereby digitally transforming payroll operations across Singapore, Hong Kong, Malaysia, Thailand, the Philippines, Vietnam and Indonesia.

Ramco’s Payroll Managed Services replaces Aurecon’s legacy payroll processes in each country with a single, consistent and consolidated service spanning all seven markets. Under the engagement, Ramco manages gross and net pay calculations, retroactive pay and increments, and payslip generation on Aurecon’s behalf, alongside country-specific statutory compliance. The service also gives Aurecon’s central payroll team a 360-degree view of payroll operations through Ramco BInGO, Payce’s reporting and analytics tool, and integrates seamlessly with Workday, Aurecon’s ERP system, across all seven countries, as well as with third-party banking partners, delivering a secure and consistent flow of data across every market. As a result, Aurecon has achieved improved payroll accuracy and timeliness, realised cost efficiencies across payroll and other teams, and gained access to modern payroll technology to support ongoing innovation.

Andrew Muller, Chief Financial Officer, Aurecon, said, “As Aurecon continues to grow across Asia, we needed a payroll partner who could scale with us. Going live with Ramco gives us that foundation, and we’re excited about what it enables for our people and our business going forward. Moving from multiple systems and processes to a single, standardised and harmonised approach across all seven countries has given us a much higher degree of compliance control, and real confidence in the road ahead.”

Sandesh Bilagi, Chief Executive Officer, Ramco Systems, said, “One of our core values at Ramco is putting the customer at the centre of everything we do, and Aurecon’s experience is a testament to that. Their confidence in Ramco reflects the kind of partnership we build with all our customers. We look forward to continuing to support Aurecon’s payroll operations.”

Rohit Mathur, Executive VP & SBU Head – Global Payroll & HR, Ramco Systems, said, “It’s an honour for us to have worked with Aurecon on this transformation. This achievement demonstrates our track record of delivering payroll transformation across Asia Pacific, leveraging AI and a contemporary technology stack that helps organisations like Aurecon achieve real, measurable results. It also highlights the strength of our analytics, which now gives Aurecon’s payroll team much sharper visibility across their markets. We’re excited for a long and fruitful partnership ahead.”

Trusted by 500+ customers worldwide, and powered by continuous tech innovations, Ramco Payce has been at the forefront of delivering global payroll transformation. With a global payroll coverage across 150+ countries, the solution offers seamless integration with leading HCM providers, offering an end-to-end digital payroll solution that can be leveraged as a platform or managed service. With new features around self-service reporting, actionable payroll workspace, and a quick implementation toolkit, Ramco Payce aims to deliver faster and smoother implementations. By leveraging robotic process automation, artificial intelligence, and machine learning, Ramco continues to offer a touchless payroll experience.

About Aurecon:

Aurecon is an Asia Pacific engineering consultancy, delivering the infrastructure and assets communities depend on across Australia, New Zealand and Asia.

Calling Asia Pacific home, Aurecon delivers better outcomes across energy, water, environment, social infrastructure, transport and digital infrastructure through a single connected team.

In Asia, Aurecon has over 40 years’ experience, employing over 2,200 professionals in offices located in Hong Kong, Indonesia, Macau, Mainland China, Malaysia, Philippines, Singapore, Thailand and Vietnam.

Aurecon is leadership-owned, with owners personally investing in clients’ success and actively involved in delivering outcomes with them. Aurecon is a partner who thinks differently, delivers on its promises and builds deep client relationships.

For more information about Aurecon, please visit www.aurecongroup.com.

About Ramco Systems:

Ramco Systems is a world-class enterprise software product/ platform provider disrupting the market with its multi-tenant cloud and mobile-based enterprise software, successfully driving innovation for over 25 years. Over the years, Ramco has maintained a consistent track record of serving 800+ customers globally with two million+ users and delivering tangible business value in Global Payroll, Aviation, Aerospace & Defense, and ERP. Ramco’s key differentiator is its innovative product development approach through its revolutionary enterprise application assembly and delivery platform. On the innovation front, Ramco is leveraging cutting-edge technologies around Artificial Intelligence, Machine Learning, RPA, and Blockchain, amongst others, to help organizations embrace digital transformation.

For more information, please visit https://www.ramco.com/products/payce.
Follow Ramco on LinkedIn and stay tuned to https://www.ramco.com/blog.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/leading-design-engineering-and-advisory-company-aurecon-goes-live-on-ramco-payce-302867897.html

SOURCE Ramco Systems