Technology

SU GROUP HOLDINGS LIMITED RECEIVES NASDAQ STAFF DELISTING DETERMINATION AND INTENDS TO REQUEST HEARING

Published

2 weeks ago

August 3, 2026

Timely hearing request will stay suspension of trading and Form 25 filing pending Nasdaq Hearings Panel decision; approved share consolidation expected on or about August 6, 2026 may enable the Company to regain compliance prior to the hearing

HONG KONG, Aug. 3, 2026 /PRNewswire/ — SU Group Holdings Limited (Nasdaq: SUGP) (“SU Group” or the “Company”), an integrated security-related services company in Hong Kong, today announced that on August 3, 2026, it received a written determination letter (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that Nasdaq has determined to delist the Company’s Class A ordinary shares from The Nasdaq Capital Market unless the Company timely requests a hearing before a Nasdaq Hearings Panel (the “Panel”).

The Staff Determination was issued because the closing bid price of the Company’s Class A ordinary shares was below $1.00 per share for 30 consecutive business days from June 18, 2026 through July 31, 2026, and the Company therefore did not satisfy the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

Because the Company effected a one-for-ten share consolidation, or reverse stock split, on August 25, 2025, Nasdaq Listing Rule 5810(c)(3)(A)(iv) provides that the Company is not eligible for the compliance period that would otherwise be available under Nasdaq’s standard minimum bid price deficiency framework. Accordingly, Nasdaq issued the Staff Determination, subject to the Company’s right to appeal the determination to the Panel.

The Company intends to timely request a hearing before the Panel pursuant to Nasdaq Listing Rule 5815(a). Consistent with the Staff Determination, a timely hearing request will stay the suspension of trading in the Company’s Class A ordinary shares and the filing of a Form 25-NSE pending the Panel’s decision. Accordingly, the Staff Determination has no immediate effect on the listing or trading of the Company’s Class A ordinary shares, which will continue to trade on The Nasdaq Capital Market under the symbol “SUGP” during the hearing process. If the Company regains compliance with the minimum bid price requirement prior to the hearing, it may not be necessary for the Company to proceed to the Panel hearing.

In connection with its hearing request, the Company intends to present its plan to regain compliance with Nasdaq’s continued listing requirements. The Company’s board of directors and shareholders have approved a further share consolidation at a ratio of 1-for-5, which is expected to become effective on August 6, 2026, to restore compliance with the minimum bid price requirement. If, following the share consolidation, the closing bid price of the Company’s Class A ordinary shares equals or exceeds $1.00 per share for the minimum period required under applicable Nasdaq rules, the Company may regain compliance with Nasdaq Listing Rule 5550(a)(2) and the Panel hearing may not need to proceed. The Company intends to notify Nasdaq promptly if and when it has regained compliance following the share consolidation.

There can be no assurance that the approved share consolidation will result in a sustained increase in the bid price of the Company’s Class A ordinary shares to at or above $1.00 per share, that the Company will regain compliance with the minimum bid price requirement prior to the Panel hearing, that the Panel will grant the Company’s request for continued listing if a hearing proceeds, that the Company will be able to regain compliance with the applicable continued listing requirements within any period granted by the Panel, or that the Company’s Class A ordinary shares will remain listed on The Nasdaq Capital Market.

About SU Group Holdings Limited

SU Group (Nasdaq: SUGP) is an integrated security-related services company that primarily provides security-related engineering services, security guarding and screening services, and related vocational training services in Hong Kong. Through its subsidiaries, SU Group has been providing turnkey services to the existing infrastructure or planned development of its customers through the design, supply, installation, and maintenance of security systems for over two decades. The security systems that SU Group provides services include threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems in private and public sectors, including commercial properties, public facilities, and residential properties in Hong Kong. For more information visit www.sugroup.com.hk.

Forward-Looking Statements

The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, including the expected effectiveness of the share consolidation on or about August 6, 2026, the possibility that the Company may regain compliance with Nasdaq’s minimum bid price requirement following the share consolidation and that the Panel hearing may not need to proceed, and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These statements may be preceded by, followed by or include the words “may,” “might,” “will,” “will likely result,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, and other risks and uncertainties set forth in our reports filed with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise.

View original content to download multimedia:https://www.prnewswire.com/news-releases/su-group-holdings-limited-receives-nasdaq-staff-delisting-determination-and-intends-to-request-hearing-302841459.html

SOURCE SU Group Holdings Limited

Technology

Creality Launches SPARKX i7 Nano: Bringing Compact Multi-Color Printing to $299

Published

36 minutes ago

August 15, 2026

HOUSTON, Aug. 15, 2026 /PRNewswire/ — Creality, a global leader in the 3D printing industry, today announced the availability of the SPARKX i7 Nano, the latest addition to its i7 series. This desktop 3D printer saves space while delivering premium print quality across up to four colors. With a minimalist design that fits easily on a desk, the i7 Nano makes multi-color 3D printing more compact, affordable, and accessible.

Following the January debut of the i7 Color Combo, the i7 Nano is also built for smarter, more effortless 3D printing. It integrates AI-powered capabilities that simplify both creation and printing, including CubeMe for automatically turning 2D portraits into multi-color 3D models. A built-in 720p AI camera monitors prints for common failures such as spaghetti and air printing, while vibration compensation and dynamic pressure adjustment help maintain consistent print quality.

Beyond these shared features, the i7 Nano comes with an integrated spool holder and optimized filament layout, taking up less desktop space and making it easier to fit into compact workspaces. The spool holder mounts directly onto the printer body with a convenient snap-on design, eliminating the need for an external CFS Lite. This compact solution keeps the printer’s footprint small while maintaining a clean appearance without compromising printing performance.

Paired with the new CFS nano Kit, a small unit mounted on top of the printer, the i7 Nano enables vibrant multi-color printing with automatic filament switching for up to four colors. The CFS nano features a dual-motor system, with one motor controlling filament channel switching and the other handling filament feeding and retraction. This ensures smooth and efficient color changes while keeping the overall setup streamlined. The CFS nano also allows quick installation without complex disassembly or modifications and is compatible with existing i7 units.

The i7 Nano features a build volume of 260 × 260 × 255 mm and a maximum printing speed of up to 500 mm/s. It supports a hardened steel nozzle with a maximum temperature of 300°C and multiple nozzle diameters, including 0.2, 0.4, 0.6, and 0.8 mm. It is also equipped with automatic bed leveling, RFID filament reading and automatic filament refill to deliver an easy-to-use and reliable printing experience for beginners.

The SPARKX i7 Nano with CFS nano Kit will be available starting from August 15 for $299 in the U.S. at the Creality US Store.

View original content to download multimedia:https://www.prnewswire.com/news-releases/creality-launches-sparkx-i7-nano-bringing-compact-multi-color-printing-to-299-302851758.html

SOURCE Creality

Technology

CATL and Quinbrook Build on Supernode Partnership Following Stage 2 and Stage 3 Major Milestones

Published

2 hours ago

August 15, 2026

BRISBANE, Australia, Aug. 15, 2026 /PRNewswire/ — Quinbrook’s Supernode battery energy storage project has completed Stage 2 commercial operation and reached financial close on A$469 million financing for Stage 3, marking a further milestone in the phased development of Australia’s largest operational BESS campus.

With planned capacity expected to exceed 3 GWh, Supernode is supported by CATL as its core energy storage system supplier for all three stages, providing advanced storage solutions and lifecycle support to enable reliable long-term operation.

Located at Brendale, north of Brisbane, Supernode is adjacent to the South Pine substation, a key hub in the Queensland power system and the regional reference node for marginal loss factors (MLFs). This location provides a favourable MLF position and approximately 4,000MW of available connection capacity for phased expansion. The project’s development coincides with Queensland’s accelerating energy transition and the infrastructure investment cycle.

Stage 3 has reached financial close on A$469 million in debt financing, bringing total project financing across Supernode Stages 1, 2 and 3 to approximately A$1.2 billion. Across its first three stages, Supernode is set to reach 780MW / 3,074MWh. Capacity across the three stages has been contracted under long-term offtake arrangements.

The long-term value of such assets depends on the continued availability, operational efficiency, safety and reliability of their energy storage systems. CATL has provided EnerC Plus systems for Stages 1 and 2 and will supply TENER S systems for Stage 3, establishing a consistent technology platform across the campus.

In close collaboration with Quinbrook, CATL has supported project-specific design optimisation to enable high-density deployment within the constraints of available industrial land. EnerC Plus supports back-to-back installation, reducing the required site footprint by approximately 20% compared with EnerC. Its integrated liquid-cooling system maintains an internal container temperature differential within 5°C and is designed to deliver reliable operation over a 20-year lifecycle.

CATL’s contribution extends beyond equipment supply. Under a Long-Term Service Agreement (LTSA), CATL will further support the full lifecycle of the energy storage asset through condition monitoring, performance tracking, fault response and preventive maintenance to help ensure reliable long-term operation. CATL’s proven product performance, scalable delivery capabilities and lifecycle service model provide greater confidence in the long-term reliability and performance of the energy storage asset.

Tim Hornemand, Managing Director and Regional Lead, Australia, at Quinbrook, said:
“Achieving commercial operations for Stage 2 means we’ve successfully delivered both Origin-contracted stages on schedule, an outcome we’re incredibly proud of given the complexity of commissioning utility-scale battery storage projects in Australia. With Stage 3 now fully financed, we’ve reached another important milestone in Supernode’s continuing development. The ongoing support of our banking partners also reflects confidence in the Supernode project, our delivery track record and the long-term outlook for battery storage in Australia.”

Tan Libin, CCO and Co-President of Sales & Marketing at CATL, said:
“Energy storage is evolving from a standalone technology deployment into a strategic energy asset. The next stage of industry development will depend not only on technological advancement, but also on the ability to create long-term value through collaboration, innovation and scalable deployment. At CATL, we are committed to working with partners to unlock the full potential of energy storage assets and support the transition toward a more flexible and resilient energy system.”

CATL and Quinbrook are also working together on EnerQB, an eight-hour battery storage solution being considered for future stages of the Supernode development. The initiative builds on CATL’s role as energy storage system supplier across Supernode’s first three stages. CATL will continue to work with partners worldwide to deliver reliable technologies, scalable solutions and lifecycle support.

SOURCE CATL

Technology

Nocpix Nature Launches Rovex, a Large-Screen Thermal Solution for Faster Bird Discovery

Published

4 hours ago

August 15, 2026

LONDON, Aug. 15, 2026 /PRNewswire/ — Nocpix Nature today introduced Rovex, a lightweight large-screen handheld thermal imaging camera designed to help birdwatchers, wildlife observers, and outdoor nature enthusiasts find birds more easily in challenging viewing conditions.

Rovex brings a new approach to bird search by combining a 5-inch large display, wide-field thermal imaging, and AI-assisted tracking in a lightweight handheld design. Rather than replacing binoculars or other birdwatching optics, Rovex is designed to help users locate birds faster when low light, dense vegetation, or complex surroundings make visual searching more difficult.

A Wider View for Faster Bird Discovery

Finding a bird is often the first challenge. Rovex’s 5-inch screen and 17.5° × 13.1° field of view allow users to scan a broader area with each sweep while viewing thermal information on a larger display. The open viewing experience makes it easier to search for potential wildlife activity without being confined to a narrow viewing window.

AI-Assisted Search for Faster Discovery

Rovex’s AI Smart Tracking helps highlight potential bird heat sources and guide attention toward areas of interest. By supporting the search process rather than simply displaying thermal imagery, Rovex helps birdwatchers identify where to look and spend less time scanning areas where nothing is happening.

Thermal Imaging When Nature Gets Harder to See

When birds blend into dense cover or become difficult to spot as light fades, thermal imaging can provide another way to search. Rovex combines a 384 × 288 @ 12μm thermal sensor with advanced image processing, including R+ Super-Resolution, smart denoising, and target highlighting, to help thermal signatures stand out against complex backgrounds.

With a lightweight design of less than 290g, Rovex is built for comfortable outdoor use and extended searching. It gives birdwatchers a practical tool for finding wildlife that might otherwise go unnoticed.

Rovex marks Nocpix Nature’s first step toward making wildlife observation smarter, easier, and more rewarding — Smart Ways to Discover.

About Nocpix Nature

Nocpix Nature is designed for birdwatchers and nature enthusiasts seeking more from their outdoor experiences. Powered by proprietary sensor technology and advanced AI image algorithms, Nocpix Nature develops intelligent, user-friendly observation tools that make it easier to discover, identify, record, and share wildlife moments. We believe observation goes beyond simply seeing—it is about building a more meaningful relationship with the natural world.

For further information:
Nocpix Nature Marketing Team
Email: info@nocpixnature.com
Website: www.nocpixnature.com

View original content:https://www.prnewswire.com/news-releases/nocpix-nature-launches-rovex-a-large-screen-thermal-solution-for-faster-bird-discovery-302852250.html

SOURCE Nocpix Nature