PETALING JAYA, Malaysia, July 31, 2026 /PRNewswire/ — MM Century, a Penang-based environmental management and circular economy company, won three Gold and one Silver award in the SME and Mid-Tier category at the fourth edition of The Star ESG Positive Impact Awards Gala Night.

The wins span the breadth of MM Century’s ESG transformation. Its chemical-free, dry-process e-waste recovery facility achieved a 96.21% landfill diversion rate across 4,423 tonnes handled in 2025, cutting absolute emissions by 14.3% even as volumes grew 28.7%.

An Integrated Digital Governance Framework spanning four ISO certifications lifted its EcoVadis score to 72/100; a ten-point year-on-year rise placing it in the 84th percentile worldwide. TRACE, its End-of-Life Asset Environmental Impact Calculator, converts IT disposals into item-level carbon data across 40+ asset types, giving clients audit-ready Scope 3 figures.

Underpinning these results was an RM598,000 investment that turned a 40-year-old traditional recycler into a digital-first, circular operation with blockchain-backed destruction certificates.

“Environmental stewardship and real-world impact are deeply interconnected,” said Ashok Kumar Rangayah, Director of MM Century. “These wins reflect a team that has turned ESG policy into measurable outcomes.”

MM Century said it will expand plant capacity in Perak and Selangor and deepen research into carbon efficient solutions, supporting Malaysia’s transition to a circular economy.

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SOURCE MM Century

The Group is building a management team led by senior UAE executives to oversee its business and corporate governance

ABU DHABI, UAE, July 31, 2026 /PRNewswire/ — Robo.ai Inc. (NASDAQ: AIIO) (the “Company”) today announced the appointment of Dr. Jasem Ibrahim Mansour Al-Mansory as Chief Executive Officer of its proposed subsidiary Alif Holding, an Abu Dhabi-headquartered intelligent industrial technology group (the “Group”), effective immediately. Together with the Group’s previously announced Chairman appointment, this appointment completes the Group’s core leadership and marks the formal establishment of Alif Holding’s governance structure and management team.

Under the banner of “Building Intelligent Industries,” Alif Holding is intended to operate two integrated platforms — intelligent software and intelligent equipment — and, upon establishment, to develop, integrate and manufacture AI systems in the UAE across sectors including energy, oil and gas, ports, public safety, utilities, mining, transportation, smart cities and critical infrastructure. As Chief Executive Officer, Dr. Al-Mansory will direct the Group’s day-to-day operations and management.

In terms of governance, the Group’s Board of Directors will be chaired by H.E. Dr. Ahmed Naser Al-Raisi, former President of INTERPOL, who will oversee strategic direction and top-level security and compliance governance. The Chief Executive Officer will be accountable to the Board. Building a local senior management team is a core principle for the Group, with both its Chairman and Chief Executive Officer senior UAE nationals; the Group intends to ground its decision-making and operations locally and to develop national talent and domestic industrial capability.

With more than three decades of service in the UAE Ministry of Interior, Dr. Al-Mansory retired at the rank of Brigadier. He most recently served as Deputy Inspector General and Acting Director General, and earlier as Director of the Inspection Department in the Office of the General Inspector and as Head of Administrative and Financial Affairs. He holds a PhD in Human Resource Management from the University of Southampton, United Kingdom, along with a Master’s in Police Sciences and a Bachelor’s in Business Administration from Ajman University, as well as professional qualifications in digital transformation and the application of artificial intelligence.

“My immediate priorities are to build a management team rooted in the UAE, to establish sound operating and governance systems, and to translate the Group’s technology and manufacturing capabilities into deliverable outcomes — based in the UAE, serving the GCC and reaching global markets,” said Dr. Al-Mansory.

“Building the Group calls for leadership that combines sound governance with the ability to execute,” said H.E. Dr. Ahmed Naser Al-Raisi, Chairman of Alif Holding. “I look forward to working with Dr. Al-Mansory and the management team.”

About Alif Holding

Alif Holding is a proposed Abu Dhabi-based AI industrial group under Robo.ai Inc. (NASDAQ: AIIO), focused on intelligent software and intelligent equipment. Upon establishment, it intends to develop, integrate and manufacture AI systems in the UAE for deployment across energy, ports, public safety, utilities, smart cities and other sectors.

About Robo.ai Inc.

Robo.ai Inc. (NASDAQ: AIIO) is a technology company dedicated to building an artificial intelligence machine economy platform. Its mission is to integrate smart terminals through AI software, intelligent hardware, and smart assets to construct a unified artificial intelligence operating system and a blockchain-empowered ecosystem to pioneer an intelligent future.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, and actual results may differ materially; further information is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F and reports on Form 6-K. Except as required by law, the Company undertakes no obligation to update these statements.

Media Contact

Alif Holding Corporate Communications
Email: info@alifholding.ai
Website: www.alifholding.ai

Robo.ai Inc. Corporate Communications
Email: pr@roboai.group
Website: www.roboai.group

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SOURCE Robo.ai Inc.; Alif Holding

Revenue reached KRW 2.87 trillion and operating profit of KRW 103.7 billion, marking continued earnings recovery driven by structural improvements and business diversificationAchieved a cost of goods sold (COGS) ratio to 89.3% in the first half of 2026 through global restructuring and company-wide cost optimization initiativesElectrification business accounted for 31% of total revenue, demonstrating flexibility in responding to evolving global vehicle demand

SEOUL, South Korea, July 31, 2026 /PRNewswire/ — Hanon Systems, a leading global automotive thermal management supplier and a subsidiary of Hankook & Company Group, today announced its financial results for the second quarter of 2026.

The company reported consolidated revenue of KRW 2.87 trillion and operating profit of KRW 103.7 billion for the second quarter of 2026. For the first half of the year, cumulative revenue reached KRW 5.62 trillion, representing a 2.7% increase year-on-year. Supported by favorable foreign exchange effects and increased supply of electrification components to European customers, Hanon Systems achieved a first-half operating profit of KRW 200.9 billion. The company also returned to net profitability through improved operational efficiency following global restructuring efforts.

Hanon Systems continued to strengthen its cost competitiveness by reducing its COGS ratio to 89.3% in the first half of 2026. Through company-wide cost optimization initiatives, including material cost management, logistics efficiency improvements, and structural enhancements, the company mitigated the impact of ongoing cost pressures and a challenging operating environment. The company will continue to strengthen its cost competitiveness through ongoing operational improvements and disciplined cost management.

The electrification business represented 31% of total revenue, supported by increased supply to European customers. Leveraging a diversified product portfolio covering internal combustion engine vehicles, hybrids, and battery electric vehicles, Hanon Systems continues to respond effectively to changing market conditions and evolving global demand for electrified mobility solutions.

Soo-Il Lee, Vice Chairman and Chief Executive Officer of Hanon Systems stated, “We have enhanced our operational excellence through company-wide efforts to improve operational efficiency and implement structural improvements despite ongoing global cost pressures. Going forward, we will continue to build long-term competitiveness and pursue sustainable growth, by reinforcing our core capabilities while advancing new growth opportunities based on our automotive thermal management expertise.”

About Hanon Systems

Hanon Systems, founded in 1986, is a global leader in thermal management solutions. In January 2025, it became a subsidiary of Hankook & Company Group. Its offering includes a wide range of solutions in the areas of heating, ventilation and air conditioning, powertrain cooling, compressor, fluid transport, and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems.com.

Follow Hanon Systems:

LinkedIn: https://www.linkedin.com/company/hanonsystems
YouTube: https://www.youtube.com/channel/UC6bSZ7NMg7LPhXDyTOMwebQ/feed

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SOURCE Hanon Systems