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Hithium Launches ∞Power 6.25MWh 2h/4h BESS EU Version and Accelerating “Manufacturing in Europe” Through Partnership with GCRPV

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MUNICH, May 9, 2025 /PRNewswire/ — On May 7-9, 2025, Hithium presented its full-scenario energy storage product portfolio at The smarter E Europe and officially launched the ∞Power 6.25MWh 2h/4h BESS EU Version, a system custom-designed for the European market. Featuring five key attributes—superior safety, high compatibility, easy maintenance, cost-effectiveness, and eco-friendliness—the system breaks through multiple constraints in capacity, scenarios, and environmental standards, empowering Europe’s transition toward low-carbon, sustainable energy. At the event, Hithium also signed a Memorandum of Understanding with Spanish venture capital management company GCRPV to pursue full-chain collaboration across the energy storage industry. This partnership marks a pivotal step forward in Hithium’s strategy for localized manufacturing in Europe.

At this year’s exhibition, Hithium also unveiled its all-scenarios customized product portfolio, including high-capacity ∞Cell 587Ah and 1175Ah battery cells, the ∞Pack+ full-scenario high-capacity energy storage platform, the ∞Cell N162Ah sodium-ion battery, and the ∞Block 261kWh C&I integrated storage cabinet. This comprehensive showcase highlights Hithium’s industry-leading innovation and scenario-based approach, while further underscoring its strong commitment to supporting Europe’s transition to green energy.

Unlocking Full-scenario Customization: The ∞Power 6.25MWh 2h/4h BESS EU Version Breaks Through Multiple Barriers

In recent years, long-duration BESS of four hours or more have emerged as a key focus and growing trend in the European energy storage market, as they effectively smooth power supply and demand fluctuations and significantly enhance system profitability.

The ∞Power 6.25MWh 2h/4h BESS EU Version is a customized solution by Hithium, designed to meet Europe’s increasing demand for long-duration energy storage. The system integrates seamlessly with renewable energy sources and supports a variety of inputs such as photovoltaic and wind power. With its high level of flexibility, it caters to the region’s diverse energy infrastructure.

Unlocking Capacity Constraints: The ∞Power 6.25MWh 4h BESS EU Version is equipped with the ∞Cell 1175Ah high-capacity cell. This enables more than a 30% reduction in non-cell component costs on the DC side during system integration, significantly lowering manufacturing equipment investment and markedly improving system consistency.

Unlocking Scenario Constraints: The ∞Power 6.25MWh 2h/4h BESS EU Version is built upon Hithium’s ∞Pack+ full-scenario high-capacity energy storage platform. It enables customized deployments tailored to the geographical and environmental conditions across different regions in Europe, achieving comprehensive scenario coverage.

Notably, the ∞Power 6.25MWh 2h/4h BESS EU Version adopts corrosion-resistant materials and structural designs to ensure long-term, stable operation in high-salinity coastal environments, addressing the needs of coastal applications across Europe. Hithium’s system, however, supports a wide temperature range and can function reliably in cold conditions down to -30°C, ensuring uninterrupted energy supply during harsh winters in Europe’s high-latitude regions.

Unlocking Environmental Constraints: The ∞Power 6.25MWh BESS 2h/4h EU Version features a low-noise design. This makes it suitable for noise-sensitive environments such as hospitals, schools, and residential areas, fully meeting Europe’s stringent standards for quiet operation. In addition, its structural components are 100% recyclable, ensuring minimal environmental impact and aligning with the region’s sustainability goals.

Moreover, the ∞Power 6.25MWh 2h/4h BESS EU Version offers a service life of up to 25 years. The system modules feature flame-retardant top caps to prevent thermal propagation between packs, and an innovative dual-layer BMS ensures SIL2-level functional safety and cybersecurity.

Signing MoU with Spanish Firm GCRPV, Accelerating Toward “Manufacturing in Europe

During the exhibition, Hithium announced a strategic partnership with GCRPV, a venture capital firm backed by the Basque Government, to advance full-chain localization in Europe—from battery manufacturing and R&D to recycling infrastructure. This collaboration marks a decisive step in Hithium’s “Local for Local” strategy, strengthening its foothold in Europe’s renewable energy market.

With established commercial operations in Europe—including a German subsidiary in Munich and landmark projects like Bulgaria’s 55MWh storage system and Hungary’s first customized storage solution—Hithium is now deepening its commitment through localized production and innovation.

By accelerating its full value-chain deployment across Europe, Hithium is not only advancing the pace of localized manufacturing but also redefining the global expansion model for Chinese new energy enterprises through deep integration of technology, supply chains, and standards. Whether through precise scenario-based deployments, effective production output, or collaborative ecosystem building, these efforts mark a new chapter in Hithium’s globalization strategy—delivering a comprehensive “Hithium Solution” to power Europe’s green energy transition.

About Hithium

Founded in 2019, Hithium is a leading global company in new energy technology, committed to delivering energy storage solutions centered on advanced energy storage battery and system technologies. Hithium has cultivated robust research, production, sales, and service capabilities in global markets. As the only single-focused energy storage company to achieve GWh-scale global shipments of lithium-ion ESS batteries, Hithium’s customer-centric focus drives technological and innovative products and solutions for customers across more than 20 countries and regions.

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HUYA Inc. Files 2025 Annual Report on Form 20-F

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GUANGZHOU, China, April 27, 2026 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game-related entertainment and services provider, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (the “SEC”) on April 27, 2026. The annual report on Form 20-F can be accessed on the SEC’s website at https://www.sec.gov and on the Company’s investor relations website at https://ir.huya.com.

The Company will provide a hard copy of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at HUYA Inc., Building A3, E-Park, 280 Hanxi Road, Panyu District, Guangzhou 511446, the People’s Republic of China.

About HUYA Inc.

HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.

For more information, please visit https://ir.huya.com.

For investor and media inquiries, please contact:

In China:

HUYA Inc.
Investor Relations
Tel: +86-20-2290-7829
E-mail: ir@huya.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com

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SOURCE HUYA Inc.

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Federal Court Issues Preliminary Injunction Against OpenAI, Sam Altman, and Sir Jony Ive; iyO Alleges Trade Secret Theft by Altman’s Hardware Chief

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SAN FRANCISCO, April 27, 2026 /PRNewswire/ — On Thursday, April 23, 2026, the U.S. District Court for the Northern District of California granted iyO Inc. a preliminary injunction against OpenAI, Sam Altman, Sir Jony Ive, and io Products. The ruling, where the Court found that iyO was likely to succeed on the merits of its trademark claim, officially bars the defendants from using the “io” name for their hardware while iyO’s federal lawsuit proceeds.

Federal court bars OpenAI, Sam Altman, and Jony Ive from using ‘io’ name as iyO alleges trade secret theft.

Amended Complaint: Trade Secret Theft and Corporate Espionage
The ruling caps a year of escalating legal action. On March 13, 2026, iyO amended its federal complaint to include trade secret theft claims against the defendants and Tang Yew Tan — former Apple VP of Product Design, co-founder of io Products, and current Chief Hardware Officer at OpenAI.

The amended complaint outlines a highly coordinated timeline of alleged misappropriation:

May 2024: Just 11 days after iyO’s viral TED talk was published, Tan pre-ordered the iyO One. Nine days later, he contacted iyO’s Design and Manufacturing Lead, Dan Sargent, to schedule a dinner meeting for early June.

June 2024: Forensic analysis of Sargent’s company laptop revealed that in the days leading up to the dinner with Tan, Sargent downloaded 33 highly secret files, accessed dormant intellectual property folders, and exported 17 CAD files into cross-platform formats unused by iyO. These files were renamed with obfuscated strings (e.g., “grgrgege.x_t”) and exported outside of business hours. Sargent has since admitted to bringing iyO prototypes to show Tan.

May 2025: Barely 11 months after the dinner, OpenAI announced a $6.5 billion acquisition of io Products, a company built on what iyO alleges is its proprietary technology.

Following the acquisition announcement, iyO CEO Jason Rugolo confronted OpenAI CEO Sam Altman, who refused to cease use of the “io” name and threatened to sue Rugolo for using iyO’s own federally registered trademark.

Statement from iyO Leadership
“Sam, Jony, and Tang investigated us,” said Jason Rugolo, founder and CEO of iyO. “Then targeted us opportunistically, trying to eliminate us with a fancy $6.5 billion press release during our fundraise using a copy of our name. This week, a federal judge said: not so fast.”

iyO’s lawsuit asserts nine causes of action, including trade secret misappropriation, trademark infringement, intentional interference, and unfair competition. The company is seeking injunctive relief, compensatory and exemplary damages, disgorgement of profits, and a constructive trust over any portion of the $6.5 billion acquisition value attributable to the alleged stolen intellectual property and brand infringement.

ABOUT IYO
iyO began its mission inside Google X in 2018 to make natural language computing as commonplace as cellular phones. Spinning out as an independent venture-backed startup in 2021, iyO developed the iyO One, the iyO yO, and the recently announced iyO Wand, which are revolutionary screenless computer form factors that allow users to interact with AI and the internet through voice alone. iyO is headquartered in Redwood City, CA.

WEBSITE
www.iyo.ai 

IYO INC.
2606 SPRING STREET
REDWOOD CITY, CA 94063
UNITED STATES

ALL RIGHTS RESERVED
©2026 IYO INC.

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SOURCE iyO, Inc.

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Pudu Robotics Inaugurates U.S. Headquarters in Dallas, Accelerating Long-Term Growth in the Americas

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DALLAS, April 27, 2026 /PRNewswire/ — Pudu Robotics, a global leader in commercial service robotics, officially opened a new U.S. headquarters in Dallas, Texas, on April 23 as part of its global strategic expansion. The new facility is set to enhance Pudu’s regional capabilities and underscores the company’s long-term commitment to the Americas, marking a new phase of scaled, structured business development.

Dallas Unlocks Greater Efficiency and Regional Coordination

As a central hub for nationwide and cross regional operations across the Americas, Dallas brings strong strategic advantages. The area offers well-developed logistics and supply chain infrastructure, a business friendly environment, and access to a broad base of enterprise customers. Its central location will allow Pudu more efficient coverage across both North America and South America. As Pudu transitions into a phase of rapid, scalable growth in the Americas, its new centralized headquarters, which is located in Richardson’s Sherman Tech Center and combines a modern office space, product showroom, and on site warehousing, will enhance support management, operations, and long term regional coordination.

Meanwhile, as part of its broader infrastructure optimization, the company has also transitioned its Santa Clara office into a streamlined logistics support function outpost and established a dual warehouse system on both coasts to support nationwide delivery in the U.S.

Pudu in the Americas – A Growing Footprint Across Diverse Industries

Since entering the U.S. market in 2018, Pudu has steadily expanded its footprint across the Americas to a point of deep, localized operations. To date, nearly 15,000 Pudu robots have been deployed across the Americas, driving regional revenue growth of 285% year over year, bringing the company to a phase of large scale commercialization.

This rapid adoption is fueled by Pudu’s comprehensive product matrix, which addresses the specific labor and efficiency needs of the American market across four core categories:

Service Delivery: Led by the industry-favorite BellaBot and the newly enhanced BellaBot Pro, which have become the gold standard for hospitality and retail interaction.Commercial Cleaning: Featuring the best-selling PUDU CC1 series, the PUDU MT1 series designed for large-scale dry cleaning, and the recently launched PUDU BG1 series—an AI-native large scrubber-dryer robot built for heavy-duty environments.Industrial Delivery: The PUDU T-series robots provide versatile logistics support with payload capacities ranging from 150kg to 600kg, streamlining warehouse and factory workflows.General embodied AI: Represented by the advanced PUDU D5 series, pushing the boundaries of how robots interact with and adapt to complex human environments.

Partnerships with local distributors have also accelerated, achieving 63.6% YoY growth, with a rapidly expanding client base across diverse industries, including food and beverage, healthcare, industrial logistics and warehousing, real estate and property services, retail, and entertainment, sports and more. The company’s robots have enjoyed strong adoption by global industry leaders, including Walmart, Accenture, NASA, Norwegian Cruise Line, Honeywell, top automotive brands, and others.

This growth is matched by organizational development. Since entering the U.S. market in 2018, a initial team has flourished into a multi functional organization of professionals, with localized sales, after sales service, solutions, and marketing capabilities that enable stronger customer support and execution.

Building a Global Future Based on a Strategy of Localization

Looking ahead, Pudu will continue expanding its presence across key sectors including retail, logistics, food service, healthcare, and commercial cleaning, while bringing its service delivery, commercial cleaning, industrial delivery, and general embodied AI robotics solutions into broader industry scenarios.

“We are building for the long-term in the Americas with a localized approach,” said Raymond Pan, General Manager of the Americas at Pudu Robotics. “Our ambition over the next five years is to serve one million people across the U.S . Our new headquarters and infrastructure optimization provide a foundation for this ambition, alongside continuing investment in localized products, enhancing our local supply chain, and strengthening our partner ecosystem.”

Pudu has established itself as a global leader in service robotics, with more than 120,000 units shipped worldwide, operations spanning over 80 countries and regions, and 23% market share in commercial service robotics—ranking No. 1 globally per Frost & Sullivan’s “Market Research on Global Commercial Service Robotics (2023)”. Going forward, Pudu will accelerate its development and localization efforts across the Americas, while, at the same time, continuing to scale its presence in other key international markets as part of its global expansion strategy.

About Pudu Robotics

Pudu Robotics, a global leader in the commercial service robotics, committed to establishing a global intelligent robotics infrastructure that will serve 10 billion people worldwide.

Pudu Robotics has achieved full-stack proprietary R&D in core technologies, including navigation algorithms, multi-robot scheduling, swarm control, motion controllers, and integrated joint modules. Built on three core technologies—Embodied Navigation, Embodied Manipulation, and Embodied Interaction—Pudu Robotics has pioneered an “One Brain, Multiple Embodiments” architecture, establishing a comprehensive product portfolio that includes specialized, semi-humanoid, and humanoid robots.

Currently, Pudu offers four major product lines: service delivery, commercial cleaning, industrial delivery and general embodied AI. Its solutions are widely deployed across industries such as retail, hospitality, manufacturing, real estate and property services, healthcare, entertainment and sport, education, and public services.

To date, Pudu Robotics has shipped over 120,000 units globally, with a presence in more than 80 countries and regions.

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