SINGAPORE, June 18, 2026 /PRNewswire/ — InCorp Singapore, An Ascentium Company, and Shaw Investment A.P.A.C. have entered into a strategic collaboration to support the internationalisation of high-potential Chinese technology companies, innovation-led enterprises and family offices through Singapore.

The collaboration forms part of Shaw Investment’s China–Singapore–ASEAN internationalisation platform, supporting qualified enterprises aligned with China’s 15th Five-Year Plan to establish regional headquarters, access capital and international markets, and expand through structured, compliant cross-border investment frameworks.

Priority sectors include artificial intelligence, advanced manufacturing, robotics, digital infrastructure, semiconductors, biotechnology, life sciences, green energy, smart mobility, enterprise software and other strategic emerging industries identified as key drivers of China’s future economic development.

Dr Ivan Lew, Executive Chairman of Shaw Investment A.P.A.C., said:

“China’s 15th Five-Year Plan places significant emphasis on technological innovation, advanced manufacturing, digital transformation, green development and the cultivation of globally competitive enterprises. As Chinese companies continue to move up the value chain, many will increasingly seek to establish regional and international operations beyond China as they pursue new markets, strategic partnerships and global growth opportunities.

Singapore is uniquely positioned to serve as the bridge between Chinese innovation, ASEAN growth opportunities and international capital. At Shaw Investment, we are creating an ecosystem that connects enterprises with family offices, financial institutions, technology partners and professional advisers across multiple markets.”

Under the collaboration, InCorp Singapore has been appointed as Shaw Investment’s preferred business services partner, providing corporate structuring, governance, accounting, tax, compliance, immigration and administrative support to companies establishing operations in Singapore and expanding across ASEAN and international markets.

KG Tan, CEO of InCorp Singapore, said:

“International expansion requires much more than setting up an entity in another jurisdiction. Businesses need the right structure, strong governance, reliable compliance support and experienced advisers who understand how different regulatory environments interact.

Through this partnership with Shaw Investment, we are excited to help participating Chinese enterprises translate their expansion strategies into well-structured and compliant operations in Singapore. Our goal is to give business leaders the operational confidence and local support they need to focus on long-term growth.”

Cody Lee, Executive Director of Shaw Investment A.P.A.C., said:

“Shaw Investment is building a practical China–Singapore–ASEAN growth corridor through initiatives involving Zhongguancun, Forbes China AI50, leading financial institutions, family office networks and a growing ecosystem of public and private sector partners. We support international enterprises beyond incorporation by helping them access customers, pilot projects, strategic partnerships, capital and compliant cross-border investment pathways.

By combining Shaw Investment’s internationalisation platform with InCorp Singapore’s operational expertise and Ascentium’s wider global reach, we provide companies with a coordinated pathway from market entry and structuring through to execution, compliance and regional expansion.”

Gary Tok, Group Chief Commercial Officer of Ascentium, said:

“This partnership brings together complementary capabilities across strategic advisory, capital deployment and professional services execution. Shaw Investment provides access to an important ecosystem of internationally ambitious Chinese enterprises, while InCorp and the wider Ascentium platform provide the infrastructure and expertise needed to support their expansion.

As InCorp Singapore prepares to transition to the Ascentium brand, this collaboration reflects our broader ambition to connect businesses with integrated expertise across markets and provide a consistent, client-led experience wherever their growth takes them.”

The collaboration is expected to strengthen connectivity between China’s enterprise ecosystem and Singapore’s corporate, financial and professional services infrastructure, helping internationally ambitious companies build credible and compliant foundations for global growth.

About InCorp Singapore

InCorp Global, An Ascentium Company, is a leading corporate services provider offering corporate, compliance, accounting, tax, human resources, risk assurance, and advisory services to businesses operating in Singapore and across international markets.

InCorp is part of Ascentium, a global business services platform. This brings together InCorp’s local expertise in corporate, accounting, tax, and compliance services with Ascentium’s global network of over 3,000 professionals across 58 cities and 27 markets.

About Shaw Investment A.P.A.C. Pte. Ltd.

Shaw Investment A.P.A.C. Pte Ltd is a Singapore-based single-family office and strategic investment platform with interests across financial services, infrastructure, energy, telecommunications, technology, healthcare, engineering, marine, education and industrial sectors.

With more than USD3.5 billion in assets and business interests under management and oversight, Shaw Investment serves as a platform architect focused on internationalisation, capital mobilisation and strategic ecosystem development.

Through partnerships with family offices, financial institutions, technology ecosystems, government agencies and professional service providers, Shaw Investment supports enterprises seeking to establish and expand internationally through Singapore. Its growing China–Singapore–ASEAN platform facilitates outbound investment, cross-border structuring, strategic partnerships, market access and capital formation initiatives, enabling companies to leverage Singapore as a regional headquarters and gateway to ASEAN and global markets.

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SOURCE InCorp Singapore, An Ascentium Company

SINGAPORE, June 18, 2026 /PRNewswire/ — MediSun Energy, a Singapore-based leader in integrated brine management, announced a strategic joint venture with Yanrun Membrane Technology Co., Ltd., a premier national-level high-tech electro-membrane pioneer, at the Singapore International Water Week (SIWW) 2026.

Through this strategic partnership, MediSun Energy and Yanrun will establish a new Singapore-based corporate entity, led by MediSun Energy, to serve as the exclusive global launchpad for their combined solutions outside of mainland China.

This joint venture will drive the international development, manufacturing, and distribution of a highly specialized suite of advanced systems, including Electrodialysis Bipolar Membrane (EDBM), Electrodialysis Metathesis (EDM), Electrodialysis (ED) stack systems, and Pressurised Forward Osmosis (PFO) systems, alongside integrated Zero Liquid Discharge (ZLD) solutions.

By combining MediSun Energy’s extensive international network and proprietary expertise in energy-efficient brine management with Yanrun’s deep R&D legacy in advanced electro-driven and bipolar membranes, the two companies will collaborate to address critical water scarcity and tightening industrial environmental regulations globally, with a specific focus on the Gulf Cooperation Council (GCC) region and Southeast Asia.

Dusun Kim, CEO & Co-Founder of MediSun Planet Pte Ltd, stated: “The global industrial market is facing an inflection point where conventional wastewater disposal is no longer sustainable, environmentally compliant, or economically viable. By combining MediSun Energy’s international market reach and deep-tech brine management capabilities with Yanrun’s world-class, multi-patent electro-membrane manufacturing engine, this partnership will bridge a critical industry gap. We are excited to offer heavy industry and desalination sectors across Southeast Asia and the GCC region access to next-generation, circular ZLD solutions that turn environmental liabilities into valuable resource streams.”

Huang Quansen, Chairman of Yanrun, added: “Yanrun has consistently spearheaded the development, industrial application, and industry standard-setting of advanced electro-driven membranes within China. Establishing this exclusive international commercial platform alongside MediSun Energy marks a pivotal milestone in our global expansion strategy. This partnership allows us to seamlessly match our manufacturing excellence and cutting-edge membrane technology with MediSun Energy’s prominent international presence, bringing clean, green, and circular industrial water reuse technologies to the global stage.”

The launch of this joint venture underscores Singapore’s position as a premier global hydrohub and a leading center for green technological innovation. By anchoring this international initiative in Singapore, both companies are uniquely positioned to leverage the nation’s world-class business ecosystem to accelerate global climate resilience, decarbonize heavy industry, and promote long-term water security on an international scale.

About MediSun Energy

MediSun Energy is an integrated brine management company headquartered in Singapore. The company specializes in turning desalination brine and industrial waste streams into valuable resources through energy-efficient and circular solutions. MediSun’s proprietary technologies — including Reverse Electrodialysis (RED) and CO₂ mineralization — are designed to decarbonize energy-intensive sectors such as desalination and heavy industry, supporting a more sustainable and resource-resilient future.

About Yanrun

Yanrun Membrane Technology Co., Ltd. is a Chinese national-level high-tech enterprise founded in 2010, specializing in the research, production, and industrial applications of electro-driven membranes. Led by prominent R&D teams, Yanrun has successfully undertaken several national-level initiatives, including China’s prestigious 863 Plan, and holds 47 national invention and utility model patents, including the China Patent Excellence Award. With expansive manufacturing facilities in Mianzhu and Quanzhou, Yanrun produces tens of thousands of square meters of monolithic bipolar and homogeneous exchange membranes annually, driving sustainable circular industrial applications globally.

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SOURCE MediSun Energy

ASML Holding takes the top spot

Ericsson, Endress+Hauser, Rolls-Royce and Infineon Technologies complete the Top 5

List spans 300 companies across 18 countries and 21 sectors

LONDON, June 18, 2026 /PRNewswire/ — Fortune announced today the 2026 Fortune Europe’s Most Innovative Companies list, recognizing 300 companies setting the pace for progress across the region.

Now in its second year, the ranking assesses European companies with more than 250 employees across three dimensions including product innovation, process innovation and innovation culture.

Germany leads the 2026 list by volume, with 56 companies, followed by Switzerland with 47, France with 41, the U.K. with 35 and Italy with 34. Together, the top five countries account for 71% of the full ranking. France makes a particularly strong showing in the Top 10, with four companies represented. The Netherlands also punches well above its weight, with two companies in the Top 10, including the overall No. 1 spot.

Financials and technology are the two largest sectors represented, with 48 and 32 companies, respectively. Large companies continue to dominate the ranking, with more than three quarters of listed businesses employing over 10,000 people.

The Top 10 Europe’s Most Innovative Companies are:

ASML Holding (Netherlands)Ericsson (Sweden)Endress+Hauser (Switzerland)Rolls-Royce Holding (U.K.)Infineon Technologies (Germany)L’Oréal (France)Michelin (France)Sanofi (France)EssilorLuxottica (France)Royal Philips (Netherlands)

The 2026 list is led by ASML Holding, the Dutch semiconductor equipment company whose advances in lithography are helping power the next generation of chips. ASML’s innovation in extreme ultraviolet technology, computational lithography and high numerical aperture systems continues to push the limits of chip density, performance and energy efficiency.

“Europe’s most exciting companies are solving problems that matter,” said Grethe Schepers, Lists Director, Europe at Fortune. “These companies are turning fresh ideas into real growth across industry and services, from manufacturing and energy to healthcare, technology, and consumer markets.”

“At ASML, innovation is at the heart of everything we do – it’s the engine that drives our business and enables our customers to push technology to new limits,” commented Christophe Fouquet, CEO, ASML. “We don’t innovate alone; our breakthroughs are built through deep collaboration across a global ecosystem of suppliers and customers. This recognition reflects the creativity, perseverance, and engineering excellence of our people and our partners, who work every day to solve some of the world’s toughest technological challenges.”

The list is unveiled today at VivaTech in Paris during an exclusive Fortune session presented with Schneider Electric and EY. Fortune’s Executive Editorial Director, Kamal Ahmed, leads the conversation alongside Frédéric Godemel, Executive Vice President, Energy Management Business and Executive Committee Member at Schneider Electric, Joe Depa, Global Chief Innovation Officer at EY and Elena Breda, SVP Product Strategy, Innovation, Sustainability at Electrolux Group.

For the full ranking and methodology, visit fortune.com.

About Fortune:

Fortune is the premier global media company for global business leaders, built on a 96-year-old legacy of trusted, award-winning journalism. Independently owned, Fortune tells the story of business, spanning legacy companies to the world’s new generation of innovators. Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Fortune Brainstorm Tech, and Fortune Most Powerful Women. For more information, visit fortune.com.

Media Contacts:

Patrick Reilly
Fortune
Patrick.Reilly@fortune.com

Naomi Cykiert
Fortune
Naomi.cykiert@fortune.com

Chelsea Hudson
Fortune
Chelsea.Hudson@fortune.com

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