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TEN Holdings, Inc. Outlines Growth Strategy Following Closing of $7.5 Million Offering

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LANGHORNE, Pa., July 9, 2026 /PRNewswire/ — TEN Holdings, Inc. (Nasdaq: XHLD) (the “Company”), through its subsidiary, Ten Events, Inc., a provider of event planning, production, and broadcasting services, today said it intends to deploy the net proceeds from its recently completed $7.5 million offering to accelerate execution of the Company’s long-term strategy of investing in vital strategic priorities designed to accelerate growth and improve shareholder value.

These priorities, said Chairman, CEO and CFO Virgilio Torres, will include the following:

Strengthening Working Capital – Enhancing liquidity to support operations, improve financial flexibility, and position the Company to capitalize on future growth opportunities.Expanding Product Development – Accelerating development of the Company’s technology platform through expanded functionality, enhanced user experience, automation, analytics, and workflow capabilities designed to improve customer engagement and scalability.Building Artificial Intelligence Capabilities – Investing in AI-powered technologies to enhance content creation, audience insights, automation, personalization, and operational efficiencies across the platform.Pursuing Key Strategic Acquisitions – Exploring disciplined acquisition opportunities that expand the Company’s technology capabilities, recurring revenue base, customer relationships, and overall market presence.

Mr. Torres said he believes achieving the above initiatives “will strengthen our competitive position, expand our software capabilities, and create a more scalable business model capable of delivering sustainable long-term growth.”

Positioned for the Next Chapter

“This financing represents an important milestone for TEN Holdings and provides us with the capital to begin executing on the strategy we have been building over the past several months,” added Mr. Torres. “With this capital in place, we can now shift from managing through a transition period to a new phase of pursuing and attaining the key strategic priorities that will enable us to grow the Company and achieve significant improvements to our top and bottom lines.

“At the same time,” said Mr. Torres, “we intend to remain committed to prudent capital allocation and maintaining financial discipline as we scale.”

“With this financing, we believe TEN Holdings is now better positioned to build a stronger, more diversified technology business while creating long-term value for our shareholders. We look forward to pursuing and achieving these opportunities.”

Today’s news follows the Company’s press release of June 30 announcing the successful closing of its previously announced offering, generating gross proceeds of approximately $7.5 million before deducting offering expenses.

About TEN Holdings, Inc.

TEN Holdings, Inc., through its subsidiary, Ten Events, Inc., is a provider of event technology, planning, production, and broadcasting services headquartered in Pennsylvania. The Company produces virtual, hybrid, and physical events supported by its Ten Events Pro platform. To learn more, visit www.tenholdingsinc.com.

Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including, but not limited to: statements regarding the use of proceeds and the Company’s growth strategy, and the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) and other filings with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and TEN Holdings, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

For more information, please contact:

Investor Relations Inquiries:

Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: IR@skylineccg.com

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SOURCE TEN Holdings, Inc.

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Sungrow and TÜV Rheinland Redefine Industry Rule: World’s First Inverter Long-Term Reliability Corporate Standards Released

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MUNICH, July 13, 2026 /PRNewswire/ — During the Intersolar Europe 2026 exhibition, Sungrow and TÜV Rheinland jointly launched the world’s first quantitative long-term reliability standards for PV inverters, including 2 PfG 3325 Reliability test qualification for IGBT modules in photovoltaic power systems and power electronic converter systems and 2 PfG 3328 – Part 2 Specifications for Reliability Testing and Assessment of Power Electronic Products – Part 2: Power Conversion Equipment (PCE).

Sungrow’s SG510HX string inverter and its IGBT modules were among the first products certified under the two standards, providing early validation of the framework in practical applications.

Meeting the Demands of Modern PV Plants

As PV power plants continue to expand into increasingly demanding environments such as deserts, offshore locations, and high-altitude regions, ensuring inverter reliability over 25 years of operation has become increasingly important for project owners and investors. However, existing reliability qualification methodologies were not originally designed to fully capture the increasingly diverse and demanding operating conditions of modern PV plants, creating a gap between laboratory qualification and long-term field performance.

To address this challenge, Sungrow and TÜV Rheinland have developed a comprehensive reliability evaluation framework that enables a more scientific, quantitative, and traceable assessment of inverter lifetime performance.

From Systems to Components: A Unified Reliability Validation Framework

Facing the shortcomings of traditional standards, the dual framework establishes a robust, quantifiable reliability methodology spanning the entire “system-component” validation continuum.

2 PfG 3325 (IGBT Reliability Test Standard) is a component-level standard, addressing the failure mechanisms and lifetime models of power semiconductors under stresses such as thermal cycling and power cycling. 2 PfG 3328 – Part 2 is a system-level reliability verification standard, focusing on the performance degradation and lifetime assessment of PV inverter complete machines under complex environmental stresses, with core emphasis on verifying the product’s environmental adaptability within the designed service life.

Together, the standards establish a system-to-component validation chain: 2 PfG 3325 provides a quantitative data basis for inverter -level reliability modeling and supplier evaluation, while 2 PfG 3328 – Part 2 defines a unified inverter -level validation framework with testable and traceable criteria.

New Standards Upgraded for Complex Scenarios

Addressing the issue of insufficient coverage in traditional standard scenarios, the standards added several enhanced test items designed for complex operating conditions.

At the system level, 2 PfG 3328 – Part 2 covers long-term durability, environmental adaptability, and grid-connected operation under diverse operating conditions, with additional requirements such as 4,000-hour accelerated aging tests and continuous low- and high-voltage ride-through verification.At the IGBT level, 2 PfG 3325 strengthens conventional qualification methods by extending HTGB testing to 168 hours at 1.1 × VGES and introducing an additional 500 temperature cycles under mechanical loading conditions beyond the standard 2,000-cycle thermal cycling requirement.

The standards significantly strengthen reliability verification by expanding test coverage for complex operating scenarios.

Quantifiable Lifetime Assessment

To improve the quantitative assessment of long-term field reliability, the standards establish data-driven lifetime models based on extensive field performance data from PV power plants. The standards also draw on automotive components’ reliability testing and quality verification standards such as VW 80000 and GMW 3172, adopting more stringent test approaches to evaluate long-term stability under complex operating conditions.

“The two standards establish a structured and verifiable framework for long-term inverter reliability evaluation, offering valuable references for manufacturers, investors, and insurers in assessing lifecycle performance,” said Thomas Haupt, Vice President of Solar & Commercial Products, European Region of TÜV Rheinland Group.

Why Sungrow

As the pioneering architect of these standards, Sungrow leveraged its 29 years of expertise in power electronics together with extensive global project experience and operational insights across diverse climates and applications. Steering the reliability evaluation of PV inverters away from subjective empirical deductions toward a scientifically quantifiable, verifiable, and traceable future.

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View original content:https://www.prnewswire.co.uk/news-releases/sungrow-and-tuv-rheinland-redefine-industry-rule-worlds-first-inverter-long-term-reliability-corporate-standards-released-302823493.html

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VoicePing releases VoicePing 3.0 for enterprise multilingual communication

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The latest version brings together real-time translation, AI meeting minutes, voice output, terminology dictionaries, MCP/API access, QR-based event translation, file transcription, subtitles, AI dubbing, virtual office collaboration, enterprise administration, and new VoicePing ASR and MT models.

TOKYO, July 12, 2026 /PRNewswire/ — VoicePing Inc. today announced the availability of VoicePing 3.0, the latest version of its multilingual AI communication platform for in-person and web meetings, exhibitions and events, audio and video files, recordings, and virtual offices.

VoicePing 3.0 is designed for organizations that need to communicate, document and reuse spoken information across multilingual workplaces. The platform captures audio from meetings, seminars, webinars, external web conferences, recorded audio and video files, and hybrid office environments, then converts that communication into real-time transcription and translation, AI meeting minutes, meeting summaries, action items and searchable meeting logs.

The latest version also supports translated voice playback, AI dubbing, terminology dictionaries, MCP/API access for approved AI workflows, and event QR translation. These capabilities help multilingual teams reduce information gaps, improve meeting follow-up and manage communication knowledge across the organization. Experience VoicePing 3.0 for free or request a demo to learn more.

“Global teams no longer communicate in one place,” said Akinori Nakajima, CEO of VoicePing. “Important conversations happen across meetings, events, recorded files, external web conferences and hybrid offices. With VoicePing 3.0, we rebuilt the platform so enterprises can translate multilingual communication in real time, preserve it as searchable knowledge, manage terminology, and connect meeting records to governed AI workflows through MCP and APIs.”

Multilingual Communication Is Becoming Enterprise Infrastructure

As global companies and organizations with international talent expand across distributed teams, events, training content and hybrid work, communication increasingly happens across many different channels. Language barriers, scattered meeting records, slow follow-up and enterprise security requirements make it difficult to turn those conversations into shared knowledge.

Single-purpose transcription or translation tools can support individual meetings or files, but they are often not enough for enterprises that need to manage multilingual communication continuously. VoicePing 3.0 addresses this need by combining real-time translation, voice output and AI dubbing, AI meeting minutes, event translation, web meeting capture, file transcription, terminology dictionaries, MCP/API access, virtual office collaboration, analytics, security and administration in one platform.

Key Updates in VoicePing 3.0

VoicePing 3.0 includes product, model, performance and security updates across desktop, mobile and enterprise administration.

Key enhancements include:

A redesigned user experience for clearer multilingual meeting workflows.

Improved real-time translation responsiveness across display, sharing, playback and summarization.

Performance improvements for stable use during live meetings.

Enhanced workspace security, including permission management, IP restriction, audit logs and sharing controls.

Improved mobile offline models for more reliable transcription and translation in unstable network environments.

New VoicePing ASR V0.1 and VoicePing MT V0.1 models for speech recognition and multilingual translation.

Core Platform Capabilities

VoicePing 3.0 supports multilingual communication across the full enterprise workflow:

Real-time translation, transcription and voice output:Translate microphone audio, PC system audio, other app audio, presentation audio and mobile conversations in real time, with bilingual display, translated voice playback, topic summaries, searchable logs and QR-based listener mode.

AI meeting minutes and searchable meeting logs:Store recorded meetings with playback, speaker segments, original transcripts, translations, summaries, topics, action items, AI prompts, tags, participants and sharing permissions.

Terminology dictionary management:Manage personal and workspace dictionaries, special-word recognition, translation dictionaries, vocabulary, pronunciation, phrase replacement, CSV import/export and AI suggestions to improve consistency for names, product terms and industry vocabulary.

Web Meeting Bot: Join Zoom, Google Meet and Microsoft Teams meetings to record, transcribe, translate, summarize, extract topics and generate action items, with Google Calendar, Outlook Calendar and Slack integration.

File transcription, subtitles and AI dubbing:Upload audio and video files to generate transcripts, translations, subtitle files, subtitled videos and dubbed audio or video for training, webinars, demos, YouTube content and archived recordings.

MCP/API access for AI workflows:Connect meeting logs, transcripts, summaries and action items to external systems and approved AI workflows. In organizations using Claude or ChatGPT with MCP-enabled environments, meeting knowledge can support follow-up drafting, task organization, CRM updates, enterprise knowledge search and internal Q&A.

Expo Mode for events:Let attendees at exhibitions, seminars, conferences, booths and international meetings scan a QR code and view real-time translation on their own smartphones without creating an account. VoicePing 3.0 supports individual translation sessions from a single URL and gives organizers visibility into access, usage and language activity.

Virtual office for multilingual teams:Provide presence, meeting rooms, audio and video, screen sharing, chat, reactions, collaborative notes, whiteboards and GPT support inside a virtual office environment, with real-time transcription and translation available during meetings.

Enterprise administration and security:Manage users, roles, groups, floors, projects, feature access, IP restrictions, API/MCP access, usage, quotas, billing, event logs, debug logs and workspace analytics.

VoicePing ASR and MT Models

VoicePing also introduced VoicePing ASR V0.1, a speech recognition model, and VoicePing MT V0.1, a multilingual translation model. These models support core functions across transcription, translation, subtitles, meeting summaries and search, with a focus on practical multilingual business communication, especially across Asian languages.

In the company’s benchmark testing across 5,000 business conversation clips in English, Japanese, Korean, Chinese and Vietnamese, totaling approximately 41 hours, VoicePing ASR V0.1 recorded an average word error rate of 19.3%. Lower WER indicates higher speech recognition accuracy.

For English-Japanese translation, VoicePing MT V0.1 recorded an overall score of 87.2 in the company’s evaluation, indicating performance comparable with major translation models in the evaluated setting. Higher scores indicate higher translation quality. VoicePing is continuing development and evaluation of the next model version, VoicePing V0.2.

These model updates are expected to improve transcription accuracy, English-Japanese translation quality, live subtitle stability, and the quality of meeting summaries and search.

Built for Enterprise Deployment

VoicePing 3.0 includes governance and security capabilities required for enterprise use, including role and permission management, feature access controls, IP restriction, allowed-network control, event logs, debug logs, API/MCP access management and workspace usage visibility.

The platform is supported by ISO/IEC 27001 / ISMS certification, TLS 1.2+ encrypted communication, a policy that customer data is not used for AI training, and an option designed for deployments where data should not be stored on the cloud side.

Adoption and Scale

VoicePing is used by more than 1,000 organizations and more than 100,000 users across manufacturers, universities, public institutions, event operators and global companies. The platform supports 48 languages and has processed more than 550 million seconds of translated audio and more than 1 million meeting records.

Availability

VoicePing 3.0 is available now. Organizations can learn more, request a demo or start for free at:

Product website: https://voiceping.net/

Demo request: https://forms.gle/beGbg8tkHUL2dNZJ6

Start free: https://app.voiceping.io/user/signup

About VoicePing

VoicePing provides a multilingual communication platform for companies and teams working across languages. The platform combines real-time translation, AI meeting minutes, meeting logs, event translation, external meeting bots, virtual office collaboration, remote work management and enterprise administration. VoicePing helps organizations record, translate, summarize and reuse communication from meetings, events, files, recordings and hybrid offices as searchable knowledge.

Company name: VoicePing Inc.

Head office: 3F Nihonbashi Otomi Building, 13-7 Nihonbashi Odenmacho, Chuo-ku, Tokyo 103-0011, Japan

Representative: Akinori Nakajima, CEO

Founded: July 2019

Capital: JPY 209,900,096, including capital reserve

Business: Development and provision of the multilingual communication platform VoicePing

Media Contact

VoicePing Inc. Public Relations Email: support@voice-ping.com Tel: 050-3117-0204, weekdays 11:00-17:00 JST

View original content:https://www.prnewswire.com/news-releases/voiceping-releases-voiceping-3-0-for-enterprise-multilingual-communication-302823495.html

SOURCE VoicePing Inc.

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KLN Signs MOU with Advantech and YDCare to Support Digital Transformation of Hong Kong’s Healthcare System

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HONG KONG, July 13, 2026 /PRNewswire/ — KLN Logistics Group Limited (‘KLN’; Stock Code 0636.HK) announced that its healthcare subsidiary, KLN Medical Limited (‘KLN Medical’), has signed a tripartite Memorandum of Understanding (MOU) with Advantech Co., Ltd. (‘Advantech’; Stock Code 2395.TW), a global leader in IoT intelligent systems and embedded platforms, and YDCare, a medical nursing brand under New Frontier Group. Under the MOU, KLN Medical will be the sole distributor of Advantech’s iWard smart ward solutions (‘iWard’) for the Hong Kong market. The partnership aims to synergise the three parties’ expertise across smart healthcare technology, clinical application and medical supply chain management to support the digital transformation of Hong Kong’s healthcare system and promote the application and development of advanced healthtech.

KLN Medical will leverage its combined strengths in healthcare supply chain management, technical capabilities and after-market support to provide medical institutions with one-stop solutions covering equipment delivery, after-sales technical support, maintenance services and system implementation co-ordination, fully supporting the smooth deployment and long-term development of iWard in Hong Kong. Through iWard’s integration of patient information, clinical workflows and medical equipment and seamless connection with the existing information systems of medical institutions, together with YDCare’s expertise in clinical application, the three parties will work together to help healthcare teams enhance clinical collaboration efficiency and ward operation management, drive the development of smart wards and the digitalisation of clinical workflows and create greater value for healthcare professionals and patients.

Samuel Lau, Managing Director – Integrated Logistics of KLN, said, “We are pleased to enter this tripartite partnership with Advantech and YDCare, which marks an important milestone for our expansion into the smart healthcare sector. With our professional expertise, extensive healthcare logistics network and commitment to service excellence, we will provide Hong Kong’s medical institutions with efficient and reliable supply chain solutions.”

Jackson Hsu, PD Head of Advantech, said, “The iWard solutions have gained recognition in multiple Asian healthcare markets including the Chinese Mainland, Thailand and Japan. We look forward to introducing this proven and reliable technology to Hong Kong in collaboration with KLN Medical and YDCare, with a view to advancing medical digitalisation. This will provide efficient operational support for frontline medical professionals and enhance the patient care experience.”

Serena Xie, Founder and CEO of YDCare, said, “YDCare has been dedicated to providing home nursing care services for a decade and is one of the pioneers in home-based healthcare in Hong Kong. With our clinical perspective, professional experience and nursing best practices, we will integrate patient data with the intelligent systems. We hope this collaboration will help more medical institutions optimise nursing workflows and further improve the quality and safety of patient care.”

Looking ahead, KLN Medical will continue to partner with industry leaders to deliver innovative medical technologies and promote a smarter healthcare ecosystem. 

-End-

About KLN Logistics Group Limited (Stock Code 0636.HK)

KLN is an Asia-rooted, global 3PL delivering customer-centric, end-to-end supply chain solutions that connect markets and power global trade, as a trusted partner to many of the top 100 global brands and Fortune Global 500 companies across a wide spectrum of industries. With a presence across 58 countries and territories, KLN offers integrated logistics, international freight forwarding, e-commerce and industrial project logistics solutions. KLN has been the global No. 1 Trans-Pacific NVOCC from Asia to the US since 2023 and ranks No. 20 among Global 3PLs (Armstrong & Associates, 2026). Listed on the Hong Kong Stock Exchange, KLN generated revenue* of over HK$56 billion in 2025 and is a constituent of the Hang Seng Corporate Sustainability Benchmark Index. Learn more at www.kln.com

* For continuing operations only

About KLN Medical Limited

KLN Medical is dedicated to advancing healthcare in Hong Kong and Southeast Asia by delivering innovative medical technologies that improve patient outcomes. In collaboration with world-renowned partners, KLN Medical ensures that healthcare professionals have access to the latest advancements, driving excellence across the continuum of care. As a member of the KLN Group, KLN Medical focuses on the reliable distribution of high-quality medical devices and solutions. Its multidisciplinary team brings deep expertise across key areas including cardiovascular care, rehabilitation, hospital and clinic support, engineering, marketing, business development, regulatory affairs and quality assurance, customer service, and operations. Website: www.medical.kln.com

About Advantech Co., Ltd

Advantech is a global leader in IoT intelligent systems and embedded platforms, with the corporate vision of “Enabling an Intelligent Planet.” To embrace the trends of edge computing and artificial intelligence, Advantech fully deploys its sector-driven strategy and focus on Edge Computing and Edge AI, targeting five key markets: Edge Intelligence Systems, Manufacturing, Energy and Utilities, iHealthcare, and iCity Services & iRetail. In the meantime, Advantech is enhancing its global presence and core competitiveness by integrating its Edge Computing hardware platform, the WISE-IoT software platform, and sector-specific Edge AI solutions with domain expertise. The integration will form an “Orchestration” model for seamless industrial chain connections, benefiting both partners and clients. Advantech is also working with business partners to co-create business ecosystems that accelerate the goal of industrial intelligence. Website: https://www.advantech.com/zh-tw

About YDCare

YDCare is the flagship home care brand of New Frontier Group. Backed by the Group’s premium medical resources, YDCare continuously enhances its personalised, comprehensive, and tiered professional services to meet the diverse home care needs of both the elderly and children in China. Led by senior nursing experts and a multidisciplinary team, its Hong Kong & International business line is dedicated to extending hospital-grade safety standards and clinical workflows into the home environment. The platform delivers a one-stop service encompassing medical nursing, daily care, home rehabilitation, palliative and end-of-life care, and medical equipment rental. Notably, YDCare pioneers advanced medical technologies in Hong Kong’s home settings, including Negative Pressure Wound Therapy (NPWT) and Home Parenteral Nutrition (HPN), enabling patients to recover safely in familiar surroundings while effectively reducing unnecessary hospitalisations and commutes. Website: www.ydcarehk.com

View original content:https://www.prnewswire.com/apac/news-releases/kln-signs-mou-with-advantech-and-ydcare-to-support-digital-transformation-of-hong-kongs-healthcare-system-302823531.html

SOURCE KLN Logistics Group Limited

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