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Corgi Launches Digital Assets Coverage Endorsement for Directors and Officers Liability Insurance

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New endorsement affirms D&O coverage for organizations engaged in cryptocurrency, stablecoins, and other digital asset operations

SAN FRANCISCO, June 24, 2026 /PRNewswire/ — Corgi, the AI-native insurance carrier built for startups, today announced the launch of its Digital Assets Coverage Endorsement, a new policy enhancement designed to provide greater clarity and certainty for companies operating in the digital asset ecosystem.

The endorsement expressly affirms coverage under Directors and Officers (D&O) Liability Insurance for claims arising from organizations who have digital asset operations, including activities involving cryptocurrencies.

As digital asset businesses continue to mature, many founders and executives face uncertainty around how traditional insurance policies respond to emerging technologies and business models. The Digital Assets Coverage Endorsement is designed to address that uncertainty by explicitly recognizing digital asset operations within the scope of covered activities.

Digital asset companies have spent years navigating an insurance market that often treated blockchain businesses as exceptions,” said Emily Yuan, CEO and co-founder of Corgi. “We believe insurance should evolve alongside innovation. This endorsement provides founders, boards, and investors with greater confidence that their insurance coverage reflects the realities of how modern technology companies operate.”

The endorsement defines digital assets broadly to include blockchain-based and distributed ledger-based tokens, cryptocurrencies, stablecoins, and other virtual assets, regardless of how they are classified under applicable law.

Importantly, the endorsement clarifies that an organization’s participation in digital asset operations, by itself, does not trigger policy exclusions. Coverage remains subject to all other policy terms, conditions, exclusions, retentions, and limits.

The launch reflects Corgi’s continued expansion into emerging technology risks and its commitment to building insurance products that align with the needs of innovative companies.

About Corgi
Corgi is an AI-native insurance carrier built for startups and high-growth technology companies. By combining proprietary underwriting technology, in-house claims handling, and modern insurance infrastructure, Corgi helps businesses secure coverage faster and manage risk more effectively as they scale.

Media Contact

Erika Lee

erika@corgi.insure

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Two Decades of Precision: Lingyi iTech Marks 20th Anniversary with Landmark Hong Kong Listing (1688.HK) to Anchor Its Global AI Leadership

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SHENZHEN, China, June 25, 2026 /PRNewswire/ — The global technology landscape is undergoing a monumental structural shift. As the consumer electronics market matures, the epicenter of high-tech manufacturing is rapidly pivoting toward artificial intelligence infrastructure, advanced thermal management, and embodied intelligence. Capitalizing on this wave, Lingyi iTech (Guangdong) Company, a prominent global intelligent manufacturing services leader, has officially launched its dual-listing on the Main Board of the Hong Kong Stock Exchange under the stock code 1688.HK.

The timing could not be more symbolic. Founded in 2006, 2026 marks Lingyi iTech’s 20th anniversary. This landmark listing represents the crowning achievement of a two-decade evolution—transforming from a single-process component manufacturer into the world’s leading AI terminal equipment high-precision platform.

While the offering of 811.8 million shares at the maximum ceiling of HK$10.18 per share represents a significant financial milestone, the true importance of the transaction lies in its deep strategic significance. For a company already highly valued on the Shenzhen Stock Exchange (002600.SZ), this secondary float serves as an elite bridge to international markets, further elevating Lingyi iTech’s position as an indispensable hardware backbone for the global AI ecosystem.

The Strategic Significance of the Hong Kong Listing

For a mature manufacturing titan celebrating 20 years of industry dominance, listing on the Hong Kong Stock Exchange (HKEX) is a multi-layered corporate masterstroke that goes far beyond a routine capital injection.

1. Seamless Access to Global Institutional Capital

While its domestic A-share listing provides robust localized valuation, establishing a dual-listing footprint in Hong Kong gives Lingyi iTech direct, unhindered access to international institutional investors, sovereign wealth funds, and global asset managers who operate exclusively in international markets. This broadens the company’s investor base and builds absolute structural financial resilience.

2. A Gateway for Global Supply Chain Integration

As Lingyi iTech expands its footprint into international data center ecosystems and next-generation computing architectures, having a presence on a global financial hub like the HKEX elevates its brand equity. It signals compliance with top-tier international corporate governance standards, simplifying cross-border mergers, acquisitions, and strategic partnerships with overseas technology leaders. Far from entering these markets as a newcomer, Lingyi iTech approaches the HKEX as an established, trusted primary supplier to global technology titans. The listing solidifies and deepens these high-level global alliances.

3. Anchored by Industry Titans

The offering’s strategic weight is anchored by 19 cornerstone investors who have locked in $406.9 million (~HK$ 3.19 billion), representing 38.59% of the total IPO. This massive institutional commitment underscores deep cross-industry confidence in Lingyi’s capacity to scale its AI hardware pipeline.

The listing’s strategic weight is further validated by its heavyweight cornerstone investors, who locked in nearly half of the total offering. These include GF Fund Management, Kaide Global Investment (KKR), MSIP, HK Greenwoods, 3W Fund, Qube, Sunny Optical Capital, Honor, and Hongxing International (Victory Giant Technology). The active participation of industrial peers and major technology clients highlights the powerful horizontal integration and collective industry backing Lingyi enjoys across the global high-tech ecosystem.

Driving the Next Era: Edge AI, Physical AI, and AI Infrastructure

The core narrative underpinning Lingyi iTech’s second-decade transformation is a definitive, high-growth alignment with three interconnected pillars: Edge AI, Physical AI, and AI Infrastructure.

Edge AI: Powering the Intelligent Perimeter

As artificial intelligence transitions from centralized cloud networks to local devices, the demand for sophisticated hardware components at the “edge” is skyrocketing. Lingyi iTech leverages its unmatched precision engineering to manufacture complex internal structural components, high-efficiency thermal management modules, charger and advanced materials required for next-generation AI smartphones, foldable devices, and XR wearable glasses. These edge devices require highly compact, durable, and thermally stable enclosures to process complex AI workloads locally, a niche where Lingyi holds a dominant global market share.

Physical AI: Building a World-Class Robotics Ecosystem

“Physical AI”—widely known as embodied intelligence—represents artificial intelligence that physically interacts with the real world. Lingyi iTech aims to become one of the world’s top three suppliers of physical AI hardware.

To drive this vision, the company’s robotics division has built an expansive global footprint, currently serving more than 20 premier robotics clients worldwide, including prominent North American and domestic tech leaders. Central to its localized industrial manufacturing scale is the newly built Beijing Embodied Intelligence Super Factory, a high-automation flagship facility that recently marked the successful large-scale mass rollout of the advanced Tiangong humanoid robot series.

AI Infrastructure: Strengthening Server Architecture

The massive computational requirements of large language models have placed unprecedented stress on data center hardware layers. Lingyi iTech has successfully positioned itself as a critical hardware provider for the high-density AI server market, through its integrated “Thermal Management + Power Supply” solutions.

Readore and the Liquid Cooling Imperative

A critical element of Lingyi iTech’s absolute competitive advantage in the AI infrastructure space is its majority-owned subsidiary, Dongguan Readore Technology Co., Ltd.. As AI clusters scale up to advanced graphics processing architectures, traditional air cooling hits its physical limits, making advanced liquid cooling mandatory for next-generation server racks.

Readore has successfully positioned itself at the absolute apex of this technology wave as a certified supplier of liquid cooling solutions within the Leading AI computing clients hardware ecosystem. Holding dual Approved Vendor List (AVL) and Recommended Vendor List (RVL) certifications, Readore delivers critical thermal management components in bulk to top-tier high-performance hardware clients and North American server manufacturing partners.

Readore’s core product portfolio includes:

Server Liquid Cooling Plates (Cold Plates): Including specialized cold plates designed for high-speed optical modules and next-generation processing architectures.

Liquid Cooling Manifolds: Engineered for precise, balanced coolant distribution across high-density server racks.

Universal Quick Disconnects (UQD): High-reliability, zero-leakage quick-connect connectors that facilitate seamless, hot-swappable server maintenance within operational data centers.

By integrating Readore’s specialized liquid cooling capabilities with Lingyi’s massive scale, the group provides an end-to-end infrastructure package that directly addresses the thermal bottlenecks of modern AI data centers.

Conclusion

Founded in 2006 by visionary entrepreneur Zeng Fangqin, Lingyi iTech has consistently demonstrated an ability to anticipate, lead, and scale alongside major global technology cycles. Its entry into its third decade of operation, marked by the milestone listing on the Hong Kong Stock Exchange (1688.HK), represents a profound strategic coronation.

By utilizing Hong Kong as a launchpad to fully integrate with international capital markets, securing an elite foothold in the North American server partners supply chain via Readore, and anchoring its future in Edge AI, Physical AI, and AI Infrastructure, Lingyi iTech has successfully evolved into an indispensable platform for the global artificial intelligence era. The first twenty years built a manufacturing powerhouse; the next twenty are set to anchor the infrastructure of tomorrow.

Media Contact:
westowl.jing@lingyiitech.com

 

View original content:https://www.prnewswire.com/news-releases/two-decades-of-precision-lingyi-itech-marks-20th-anniversary-with-landmark-hong-kong-listing-1688hk-to-anchor-its-global-ai-leadership-302811110.html

SOURCE Lingyi iTech

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Tag along with Jason at CISCE: The low-altitude economy takes off

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BEIJING, June 25, 2026 /PRNewswire/ — This is a report from China.org.cn

 

Jason’s first stop is the Zhejiang low-altitude economy industry chain pavilion, where he spots an eye-catching model of a 50-metre-long manned airship developed by the China Special Vehicle Research Institute. Capable of carrying 10 people up to 700 kilometers, the airship features a rotatable propulsion system that enables it to hover and operate in confined spaces for sightseeing and emergency rescues. Next, Jason examines Huasheng Radar’s weather monitoring devices and learns how tracking wind speed and temperature provides vital safety data for drone pilots. The exhibitor explains that the pavilion showcases a fully integrated network covering everything from battery technology and flight control to drone pilot training.

Next, Jason heads to the booth of China Henan Aviation Group, pointing out a hybrid multi-rotor and fixed-wing drone. “This guy kind of looks like a flying dolphin,” he observes. A representative from the Henan Low-Altitude Economy Development Group demonstrates its “Eagle Eye” infrared system and a search-and-rescue payload that pinpoints trapped survivors by tracking faint mobile signals-a lifesaving technology already deployed overnight during devastating floods in Henan. At the same booth, China-Flying Dragon General Aviation showcases models of its four-story-tall Mi-26 heavy-lift helicopters, which played a role in evacuating people during the 2008 Wenchuan Earthquake. The experience underscores that operational support, safety management, and flight training are just as critical to the supply chain as manufacturing the aircraft itself.

To uncover the foundational raw materials keeping these aircraft durable yet light, Jason visits the Jilin Chemical Fiber Group booth. Joking about whether the silken materials are “clothes for drones,” he explores how carbon fiber precursors are carbonized, woven, and molded into lightweight, corrosion-resistant wings and skeletons to maximize flight efficiency.

Concluding his journey, Jason reflects on the collaborative spirit driving the industry. “From upstream materials and components all the way to finished aircraft and real-world applications, every link in the chain is pulling its weight,” he notes.

Tag along with Jason at CISCE: The low-altitude economy takes off
http://www.china.org.cn/2026-06/25/content_118567596.shtml 

 

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SOURCE China.org.cn

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Dr.Look Ai helps families cut kids’ passive screen time

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Two-Time International Design Award Winner Dr.Look Ai Donates AI Learning Cameras to Two Children’s Hospitals, Tackling North American Parenting Challenges Through Real-World Exploration

BOSTON, June 25, 2026 /PRNewswire/ — Dr.Look Ai, a children’s technology brand and two-time international design award winner, has donated its AI Learning Cameras to two leading children’s hospitals in Boston and Seattle, addressing pressing parenting challenges across North America — including young children’s over-reliance on screens, privacy risks, and the shortage of age-appropriate learning tools for hospitalized children.

North American families face mounting concerns: young children are increasingly absorbed in short-form video at the expense of real-world observation; many kids’ smart devices offer weak privacy protection, exposing images and usage records; and hospitalized children, long cut off from outdoor and classroom activities, lack quality, age-appropriate learning tools.

In response, Dr.Look Ai — winner of the 2025 Red Dot and 2026 iF Design Awards — has launched this donation, bringing its flagship AI Learning Cameras to Boston Children’s Hospital and Seattle Children’s Hospital so that children in hospital wards can immerse themselves in exploring the real world. The donation is part of the brand’s long-term commitment to building a safe, exploration-driven AI learning system for children ages 3 to 10.

Launched in North America in June 2026, the camera is built around a “screen-smart” philosophy, setting it apart from the purely entertainment-focused use of phones and tablets. The device features AI object recognition within a closed, ad-free system that helps reduce distractions and keep children focused on real-world discovery, while guarding against data exposure. It supports learning in five languages — English, Spanish, French, German, and Portuguese. By scanning plants, books, and everyday objects, children receive age-appropriate facts, interactive quizzes, and stories, designed to fit the diverse households of North America.

“Technology shouldn’t trap children or keep them hooked — it should be a learning companion that guides them to put the screen down and reconnect with the real world,” said Steven L., Head of Marketing at Dr.Look Ai. “Children in long hospital stays are away from classrooms and the outdoors for extended periods. We hope this lightweight device brings them moments of joyful discovery and protects the curiosity they were born with.”

The product has earned FCC, CPC, and California Prop 65 certifications for children’s electronics in North America. It is intended solely as a supplementary educational tool alongside the books and toys already available in hospitals, and is not a medical device.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/drlook-ai-helps-families-cut-kids-passive-screen-time-302811409.html

SOURCE Dr.Look Ai

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