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B4B Challenge 2025-26 Award Presentation Ceremony

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Carbon Tech and Virtual Tech powered by AI: A New Force in Green Innovation
Virtual Technology Revolution: A New Era of Digital Experience

HONG KONG, April 20, 2026 /PRNewswire/ — The renowned local innovation and technology competition, the “B4B Challenge” (B4B), has reached its 10th edition, marking a significant milestone in the development of Hong Kong’s Big Data and AI innovation ecosystem. The organiser, B4B Limited, held the Award Presentation Ceremony on 15 April at the Hong Kong International Innovation and Technology Expo (InnoEX), announcing the results of this year’s competition. Themed around “Tech for ESG,” highlighting the vital role that technology plays in promoting Environmental, Social, and Governance (ESG) initiatives, this edition established two innovation pillars: “Carbon Tech powered by AI” and “Virtual Tech powered by AI”, encouraging participating teams to explore the cross-industry application potential of AI in sustainable real estate development and immersive digital experiences.

This year’s Award Ceremony received strong recognition from the Government of the HKSAR and the innovation and technology sectors. Mr. Daniel Cheung, JP, Acting Commissioner for Digital Policy Office (DPO) of the Hong Kong Special Administrative Region (HKSAR) Government, was the Guest of Honour, joining other government representatives, industry leaders, supporting organisations and participating teams to celebrate B4B’s decade of innovative achievements.

The ceremony received wide-ranging support, including:

Guest of Honour:
• Mr Daniel Cheung, JP, Acting Commissioner for Digital Policy, HKSAR Government

Sharing Guests:
• Mr Francois Lee, Founder and Director of B4B
• Prof Herbert Chia, JP, Honorary Chairman and Principal Mentor of B4B
• Dr Toa Charm, Principal Advisor of B4B

Guests (partial list, in no particular order):
• Ms Cari Wu, Acting Deputy Commissioner (Digital Infrastructure), Digital Policy Office, HKSAR Government
• Mr Tony Wong, JP, Former Commissioner for Digital Policy, HKSAR Government
• Ir Stephen Lau, JP, Personal Data Privacy Advisor of B4B
• Ms Vivian Chan, Associate Director, Exhibitions and Digital Business, Hong Kong Trade Development Council

Speaking at the Award Ceremony, Mr. Daniel Cheung, JP, Acting Commissioner for Digital Policy of the HKSAR Government, said: “The Challenge, as in previous years, provides a platform for participants to showcase their creativity and capabilities. One of the themes of this year’s Challenge is carbon reduction technologies in real estate and smart construction, which aligns with the development of smart building and the nurturing of a modernised construction industry chain as set out in the country’s Report on the Work of the Government. Another theme focuses on virtual technologies, with artificial intelligence as the driving element. This echoes the mention of ‘AI+’ for three consecutive years in the country’s Report on the Work of the Government with aims to expand the application of AI across a wide range of industries. It is hoped that the solutions put forward by participants will be implemented, thereby promoting the wider adoption of carbon reduction and virtual technologies across different sectors. “

Mr Francois Lee, Founder and Director of B4B, Dr Toa Charm, Principal Advisor of B4B and Prof Herbert Chia, JP, Honorary Chairman and Principal Mentor of B4B, delivered the following remarks in their opening speech: Stepping into its 10th anniversary, the most heartwarming part of the B4B Big Data Business Application Challenge is not just the competition itself, but seeing the massive alumni community that has been built up over these ten years. Today, everyone has gathered once again to witness how B4B has grown from a competition into a full ecosystem. It continues to uphold its original mission of driving innovation through data and AI, and is now ready to step into the next decade hand in hand.

Two Innovation Pillars: AI Innovation Across Industry Boundaries
Themed around “Tech for ESG,” highlighting the vital role that technology plays in promoting Environmental, Social, and Governance (ESG) initiatives, this edition established two innovation pillars, encouraging participating teams to use AI technology to transcend traditional industry boundaries. A breakthrough was achieved this year — the competition was fully opened to cross-industry participation, no longer confined to real estate applications. Teams were encouraged to take a broader perspective in exploring the cross-industry application potential of AI in immersive digital experiences, helping them widen their market vision and explore AI’s cross-sector potential. Whether it is AI transforming real estate, AI short film creation, virtual human interaction, immersive experiences, or innovative media tools — if the solution addresses pain points in the virtual technology market, it qualifies as the type of innovation the competition seeks.

Pillar 1: Carbon Tech powered by AI – Reshaping the Real Estate Value Chain
The competition continues to explore how technology can empower the real estate value chain to achieve greater sustainability, covering five key areas: B4B Challenge continues to explore how the real estate value chain—encompassing new building materials, energy management, design and planning, construction and demolition, and facility management – can become more sustainable through technology. 

The organiser emphasizes that real estate extends far beyond buildings and bricks – it is closely connected to our daily lives, while one might associate real estate primarily with buildings and bricks, the property sector is intricately linked to a wide range of industries and daily activities, from workplaces and retail shopping outlets to transportation stations and, of course, our homes.

Accordingly, participating teams are encouraged to broadly explore cross-industry applications, extending carbon technology solutions to wider application scenarios to create greater impact.

Pillar 2: Virtual Tech powered by AI – Breaking Through Immersive Experience Bottlenecks
Virtual technology faces several key challenges, including hardware limitations, affordability, and user comfort. The need for powerful computing systems and the risk of motion sickness continue to restrict widespread adoption. Data-related obstacles also persist, such as the requirement for high-resolution 3D models, detailed textures, and authentic datasets to create truly immersive experiences. Additional hurdles include real-time data transmission, voiceover matching, AI-driven editing, dubbing with accurate lip sync, and efficient processing. Overcoming these challenges is essential to making virtual technology more accessible, user-friendly, and cost-effective. Advancements such as improved hardware, cost reductions, enhanced comfort features, and effective solutions for motion sickness can significantly boost adoption. Similarly, better curation and processing of data, improved real-time transmission capabilities, and expanded availability of high-quality datasets will unlock greater growth and potential for virtual technology across various industries. Furthermore, smarter user interfaces and progress in the areas mentioned above could be dramatically enhanced by the latest AI technologies.

A Decade of Cultivation: Building a Sustainable Innovation Ecosystem
Since its founding in 2016, B4B Challenge has been dedicated to promoting Big Data technology and intelligent technology innovation, fostering a healthy and sustainable data ecosystem. The 10th edition — the “B4B Challenge 2025-26 Award Ceremony” — was held at the Hong Kong International Innovation and Technology Expo (InnoEX), with the Hong Kong Trade Development Council (HKTDC) serving as the venue partner. A concurrent four-day “B4B Pavilion” exhibition (13–16 April) was held alongside the ceremony, inviting this year’s participating teams to showcase their latest technology solutions to the public.

Over the past decade, B4B Challenge has attracted numerous outstanding teams since its launch in 2016, many of whom have gone on to achieve remarkable results after the competition. The following are two representative teams of two particularly standout:

Linksoul – Since participating in the B4B Challenge, Linksoul has, under the recommendation of the competition, quickly secured multiple prestigious awards in a short period of time, including the Best Smart Mobility Award in the “Hong Kong/Shanghai Co-operation Open Data Challenge”, the Jingrui Science and Technology Award, and several honors at the China Mobile Maker Marathon. The company is currently collaborating with the Hong Kong Productivity Council, the Transport Department, and the Automotive Technology R&D Centre to apply for the Smart Traffic Fund to develop an AI-powered smart transportation platform. At the same time, Linksoul is working with Everbright Centre, Langyi Plaza, and China Overseas Group to promote the large-scale implementation of AI Butler and AI Agent solutions in major building complexes.

MOVA – The Best Solution Award winner of B4B Challenge 2023-24, has successively received the Hong Kong Fintech Impetus Awards and Gold Award – PropTech at the International Financial Technology. Founded in 2021, the company launched an AI-driven integrated real estate matching and search platform well before generative AI became mainstream in the market. It employs Federated Learning technology, enabling AI models to learn from data distributed across different stakeholders without compromising data compliance or commercial confidentiality. In 2024, MOVA successfully sold its first-generation AI matching platform to a U.S. private equity fund, completing an international exit. By the end of 2025, the company relaunched its business with a brand-new voice AI pre-screening platform. This platform uses near-human voice technology to automatically handle initial real estate inquiries and holds strong potential for cross-industry expansion into sectors such as finance, healthcare, and education.

Award Winners

Award Category

Winning Team

Best Presentation Award

LifeSparrow Solutions

Best Solution Award

Leaflot Technology

Best ESG Award 2026
(in no particular order)

Nifty Corner CompanyOh My Ink TechnologyPathexSentri TechnologyDrawMotion AI AcademyMUSES AICanpanion GroupafterNATUREYUNI TECHESGalatorYunix – MungerMind AITobot SolutionCliimacircuitVizzleA+B Productions

 

For more details about the B4B Challenge, please visit the official website: www.b4bchallenge.com 

About B4B Challenge
B4B Challenge is an annual contest organised by B4B Limited, a Hong Kong social enterprise that aims to promote the development of a healthy and sustainable ecosystem for Big Data and intelligent technology innovation and to match young talents and enterprises with an intensive accelerator programme.

Through education, competition, and exchange, the programme seeks to raise public awareness in Hong Kong of the value and impact of Big Data and AI, and to improve the adoption and acceptance of Big Data and AI innovations. Beyond Hong Kong, the competition’s reach extends across Hong Kong and other regions. B4B stands for “Big Data For Business” — as the name suggests, the programme aims to collect outstanding local proposals based on the practical needs of local enterprises, attracting more Hong Kong businesses to adopt Big Data and AI solutions and maintaining their competitiveness in the international market.

The B4B Challenge 2025-26 is the 10th annual edition since its inception in 2016. The programme continues to expand, with its core team comprising Founder and Director Mr Francois Lee, Honorary Chairman and Principal Mentor Prof Herbert Chia, JP, and Principal Advisor Dr Toa Charm.

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SOURCE B4B Limited

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JA Solar Summit Highlights Shift Toward Solar-Storage Integration as Global Demand Holds Firm

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BEIJING, April 20, 2026 /PRNewswire/ — The 5th Global Solar and Energy Storage Summit 2026, hosted online by JA Solar, brought together over 20+ senior representatives from leading international organizations and industry players to share insights on the accelerating energy transition. The summit featured keynote speeches and panel discussions with influential voices from the IRENA, S&P Global, BloombergNEF, SolarPower Europe, TÜV NORD, as well as prominent utilities, developers, investors, and technology companies worldwide. With a global audience exceeding 20,000 participants from 30+ countries, the event highlighted the growing integration of solar and energy storage as central to a cleaner, smarter, and more resilient energy future.

Record-Breaking Renewable Deployment in 2025

IRENA’s Ilina Stefanova opened the summit by underscoring the scale and urgency of the global energy transition. “2025 marked a record year for renewable energy, with 692 GW of new capacity deployed globally, and solar contributing 75% of the total,” she said. However, she emphasized the need for stronger policy and investment frameworks to sustain this momentum and meet 2030 climate targets.

S&P Global’s Holly Hu followed with the latest market outlook, noting that global solar installations reached 617 GW in 2025, driven by robust activity in China, Europe, and North America. While she acknowledged potential growth moderation in 2026, Hu emphasized an industry shift from scale-dominated competition to smarter, more value-driven strategies.

Solar + Storage + X: The Future of Energy Solutions

Dr. Zi Ouyang, President of Product and Solution R&D Centre and CTO of JA Solar, delivered a keynote on how integrated solutions are shaping the next phase of clean energy deployment. He introduced “Solar + Storage + X” as the industry’s path forward, where combined technologies create new opportunities across utility-scale, commercial, and residential markets.

“The future of energy lies in integration,” said Dr. Ouyang. “Standalone solar PV systems are no longer sufficient to meet today’s increasingly complex demands. By integrating storage and advanced solutions, we can unlock significant value and provide the flexibility necessary for tomorrow’s global energy systems.” He also highlighted JA Solar’s expertise in enabling scenario-specific solutions, including AI-powered data centers, industrial parks, and remote microgrids.

Driving Value Creation Across Global Markets

Two panel discussions explored the changing dynamics of solar and storage integration.

The first, “Global Perspectives: New Value Drivers and Growth Opportunities,” discussed the industry’s pivot toward value-based development. Panelists emphasized how system efficiency, long-term performance, and financial optimization are replacing cost as priorities, with integrated solutions emerging as critical to capturing project value and market flexibility.

The second panel, “Energy Transformation Across Every Scenario: From Deserts to Cities,” explored the application of solar and storage in emerging sectors such as AI Data Centers (AIDC), mining, modern agriculture, and transportation infrastructure. Panelists highlighted innovations addressing diverse energy demands while tackling challenges like system resilience in extreme environments, from remote deserts to urban microgrids.

JA Solar’s Global Leadership in Integrated Energy Growth

The summit reflected the industry’s transition into a transformative phase defined by integration, intelligence, and scenario diversity. As the event organizer and a leading global innovator in solar technology, JA Solar reaffirmed its commitment to accelerating the adoption of high-performance, sustainable energy solutions.

“At JA Solar, we believe collaboration and innovation are fundamental to building a sustainable energy future,” said Dr. Zi Ouyang. “Through advanced technologies and strong partnerships, we aim to deliver scalable, resilient solutions that meet the evolving needs of customers worldwide.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/ja-solar-summit-highlights-shift-toward-solar-storage-integration-as-global-demand-holds-firm-302747979.html

SOURCE JA Solar Technology Co., Ltd.

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Ascentium Acquires Dezan Shira & Associates, Expanding its Footprint to 27 Markets and Strengthening Corporate Services Capabilities

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SINGAPORE, April 21, 2026 /PRNewswire/ — Ascentium, a leading global business services platform headquartered in Singapore, has completed its acquisition of Dezan Shira & Associates (“Dezan Shira”), a multi-disciplinary professional services firm with more than three decades of experience advising foreign investors across Asia.

This strategic move significantly expands Ascentium’s reach and capabilities across Asia, the United States, and Europe, enabling the group to guide businesses from pre-investment market assessment through long-term operations, while further deepening its advisory expertise for international businesses operating across these regions.

Expanding cross-border capabilities

With this acquisition, Ascentium now operates in 27 markets, including new locations such as Mongolia, Poland, Germany and Italy, thereby enhancing its ability to support clients with cross-border investments and multi-jurisdictional operations. The addition of Dezan Shira’s network complements Ascentium’s existing footprint in Southeast Asia, positioning the group as one of the most extensive on-the-ground advisory platforms supporting foreign investment in Asia.

This expansion further enables Ascentium to serve clients on the Chinese mainland more effectively, especially foreign investors seeking to enter or scale in this dynamic market.  Added to the established network of InCorp International, an Ascentium Company, the incorporation of Dezan Shira contributes three new offices in Suzhou, Tianjin, and Zhongshan, extending Ascentium’s presence across the Chinese mainland to 15 locations.

With a network spanning major commercial hubs including Beijing, Shanghai, Shenzhen, Guangzhou, and Tianjin, Ascentium delivers clear answers and hands-on support to help businesses navigate regulatory complexity and build a strong, compliant presence with confidence.

Deepening advisory and intelligence capabilities

Dezan Shira brings over three decades of experience advising foreign investors in Asia, with recognised strengths in regulatory analysis, business intelligence, investment structuring, tax advisory and technology-enabled solutions. These capabilities complement Ascentium’s established services in incorporation, multi-country HR and payroll, ESG and tax advisory, and fiduciary – creating an integrated platform that supports clients from market entry through long-term growth. 

Multinational enterprises, regional headquarters, and growth-oriented businesses will benefit from greater scale, deeper regulatory expertise, and a unified service platform designed to navigate complex cross-border business environments.

Asia Briefing: Business intelligence and market insights platform

The acquisition also brings Asia Briefing, Dezan Shira’s business intelligence and research arm, into Ascentium’s ecosystem. Through its Doing Business guides, digital publications, and daily regulatory analysis, Asia Briefing is the leading source for insights on market entry, compliance, regulatory developments, and business news across Asia.

The Asia Briefing platform strengthens the combined group’s ability to pair on-the-ground advisory services with timely, region-wide intelligence to support informed decision-making.

Alberto Vettoretti, Managing Partner of Dezan Shira & Associates, said, “Joining Ascentium marks an exciting new chapter for Dezan Shira & Associates. By combining our expertise with Ascentium’s global platform and execution capabilities, we can deliver even greater value to clients looking to expand and succeed in multiple markets.”

Lennard Yong, Founding Management and Group CEO of Ascentium, added, “This acquisition brings us closer to a fully connected advisory platform across Asia and beyond. With Ascentium’s execution strength and Dezan Shira’s market intelligence and regulatory expertise, we can guide businesses through every stage of expansion, from pre-investment assessment through sustained operations, whether they are entering one new market or scaling across multiple jurisdictions.”

About Ascentium

Ascentium is a leading global business services platform dedicated to helping businesses and individuals scale greater heights. Headquartered in Singapore, we drive extraordinary growth through expert people, purpose-led technology, and an unwavering commitment to service excellence.

With over 2,600 professionals across 46 cities in 23 markets globally, we deliver integrated solutions in corporate services, finance and accounting, fund administration, human resources, and fiduciary and trust services. Serving more than 63,000 client entities across diverse industries, Ascentium combines specialised expertise with innovative, technology-enabled solutions to help clients navigate complexity and unlock new opportunities for sustainable growth.

For more information, visit: ascentium.com

About Dezan Shira & Associates

Founded in 1992, Dezan Shira & Associates is a professional services firm advising foreign investors and multinational enterprises entering and operating across Asia.

The firm provides business intelligence and market entry, corporate establishment and licensing, accounting, tax advisory, payroll and HR administration, internal audit and risk advisory, as well as technology-enabled financial software and ERP solutions.

With more than 300 professionals operating from 27 offices globally, Dezan Shira & Associates maintains one of the region’s most extensive integrated advisory platforms dedicated to foreign direct investment and cross-border operations.

 

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SOURCE Ascentium

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Thunes Launches Real-Time Payments into New Zealand

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Members of Thunes’ Direct Global Network can now send real-time payments to bank accounts in New Zealand, further strengthening the company’s presence in the Asia-Pacific region.

BANGKOK, April 21, 2026 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, today announced the expansion of its Direct Global Network with the launch of direct, real-time Pay-to-Bank services into New Zealand.

This expansion enhances Thunes’ cross-border payment capabilities in the Asia-Pacific region, providing Members of the Thunes Direct Global Network with faster and more transparent payment solutions for both consumer and business transactions. With this launch, users can easily transfer NZD directly to New Zealand bank accounts. Transactions can be made either through a direct API integration to Thunes or by leveraging existing Swift connectivity.

New Zealand is increasingly focused on upgrading its financial infrastructure to support real-time digital trade and the burgeoning gig economy. As the nation transitions to a next-generation payments ecosystem, real-time transactions are forecasted to grow at a CAGR of 21.3% through 2027.

Eugene Chua, Head of Network, APAC, at Thunes, said: “At Thunes, we’re dismantling the legacy friction that creates barriers to the global digital economy. Asia Pacific is where the Thunes story began, so we are especially pleased to be strengthening our reach in a high-growth market like New Zealand. Geography should never hinder ambition, and we are proud to be the engine driving financial connectivity, providing the infrastructure that supports and empowers businesses and individuals to benefit from international money movement and participate more fully in the global economy.”

With this expansion, Thunes reinforces its position as a leading provider of real-time cross-border payments. Its Direct Global Network leverages Thunes’ in-house SmartX Treasury System for AI-driven forecasting and real-time liquidity management, and its Fortress Compliance Platform, which benefits from over 50 licences worldwide. This ensures every payment is executed with the highest levels of security, compliance, and operational efficiency.

NOTES TO EDITORS:

Thunes will be attending Money20/20 Asia in Bangkok from April 21-23, 2026, located at booth 6005. Schedule a meeting here.

For more information about Thunes, visit: https://www.thunes.com/

Logo – https://mma.prnewswire.com/media/2831061/5891541/Thunes_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/thunes-launches-real-time-payments-into-new-zealand-302746205.html

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