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Neutral Position Drives High-Quality Growth Across All Scenarios: SF Intra-city (9699.HK) Releases Positive Profit Alert for First Half 2026

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HONG KONG, Aug. 4, 2026 /PRNewswire/ — Hangzhou SF Intra-city Industrial Co., Ltd. (“SF Intra-city” or the “Group”; Stock Code: 9699.HK), the largest third-party on-demand delivery service provider in China, is pleased to announce that the Group expects for the six months ended 30 June 2026 (the “Period”): (i) the profit attributable to owners of the Company for the Period is expected to be not less than RMB301 million, representing an increase of not less than 120% as compared with the corresponding period of last year;(ii) the adjusted net profit[1] for the Period is expected to be not less than RMB240 million, representing an increase of not less than 50% as compared with the corresponding period of last year; and(iii) the revenue of the Group for the Period is expected to be not less than RMB11,669 million, representing an increase of not less than 14% as compared with the corresponding period of last year.

The steady growth in the Group’s performance as mentioned above was mainly attributable to: (i) the Group has remained committed to its operating objective of achieving healthy and high-quality development, with both order volume and revenue continuing to grow; (ii) leveraging its positioning as an independent and open third-party platform, together with high-quality and reliable full-scenario fulfilment services, the Group has continued to earn the long-term trust of its customers and deepen its diversified and positive cooperation with customers, driving resilient growth in its business operations; (iii) benefiting from further enhancement of economies of scale, optimisation of resource input strategies, refined rider network operations and the application of AI technologies to improve coordination and efficiency across the value chain from front-end customer acquisition to network operations and back-end resource input, the Group achieved an improvement in gross profit margin, which in turn contributed to profit growth; and (iv) the Group’s core business maintained healthy growth momentum, and the Group’s investment-related income for the Period is also expected to rise.

In the first half of 2026, leveraging its neutral and open service positioning and full-scenario fulfilment capabilities, SF Intra-city catered to diverse demands covering food delivery, on-demand retail, intra-city errand services and terminal logistics, consolidating the Group’s growth foundation. Multiple consumption peaks overlapped in the period, including the 618 Shopping Festival, FIFA World Cup and Dragon Boat Festival. Demand for home shopping, event viewing, cultural tourism and festival gifts surged across all scenarios. During major promotion cycles, the average daily orders of SF Intra-city rose by 20% year-on-year during the 618 shopping promotion period; Exclusive Delivery orders on Dragon Boat Festival surged more than 120% year-on-year, personal delivery orders at major cultural tourism destinations multiplied, and fresh produce orders also climbed substantially. Meanwhile, the Group continued to expand all-round partnerships with live-stream e-commerce platforms, chain brands and private-domain merchants, expanding client coverage via a dual layout of public and private domain channels and achieving diversified upgrading of customer cooperation. It also deepened resource collaboration with SF Holding to provide partner brands with integrated supply chain solutions covering “warehousing + transshipment + intra-city delivery” and assisted the upgrading of traditional logistics systems with its terminal delivery capabilities.

While multi-channel operations maintained positive momentum in the first half of the year, SF Intra-city steadily consolidated its delivery capacity foundation and drove operational efficiency gains via digital and intelligent upgrades. Continued expansion of its footprint in lower-tier markets lifted network-wide order density, driving continuous improvements in average delivery mileage and per-order fulfilment costs. During the period, AI intelligent dispatching achieved full coverage, while unmanned delivery was rolled out at a faster pace, lifting the platform’s overall operational efficiency. The implementation of unmanned delivery technologies and expansion of applicable scenarios moved forward in an orderly fashion, continuously strengthening the Group’s underlying digital and intelligent technology capabilities. The Group’s order volume continued to grow in the first half of the year, enabling full release of economies of scale.

The medium- and long-term outlook for the on-demand delivery industry remains upbeat. Industry data indicates that China’s domestic on-demand retail market size will exceed RMB 1 trillion in 2026. Total order volumes are set to maintain rapid growth, and the “everything delivered to home” trend boasts broad long-term growth potential. As a leading independent third-party on-demand delivery service provider in China, SF Intra-city will continue to capture the dividends of full-scenario fulfilment for local life services, further expand intra-city delivery scenarios, deepen last-mile logistics synergies within the Group, and steadily advance the implementation of digital, intelligent and unmanned delivery technologies. The business is poised to sustain a pattern of high-quality growth.

[1] Adjusted net profit represents profit attributable to owners of the Company excluding share-based compensation expenses, share of profit of a joint venture accounted for using the equity method, fair value changes on financial assets at fair value through profit or loss and the related income tax effects.

About Hangzhou SF Intra-city Industrial Co., Ltd. (Stock code: 9699.HK)

SF Intra-city focuses on the emerging opportunities of intra-city on-demand delivery services. Since 2019, SF Intra-city has operated as an independent legal entity to capture the growth opportunities arising from new consumption trends. SF Intra-city adopts a multi-scenario business model, providing full coverage of delivery scenarios for all types of products and services. The Company’s extensive service coverage, ranging from mature scenarios such as food delivery to growth scenarios such as local retail, local e-commerce and local services, has enabled it to respond to evolving customer needs resulting from the development and upgrading of the local consumer market. For more details, please visit the Company’s website: https://ir.sf-cityrush.com/en/investor-relations/

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SOURCE SF Intra-city

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TripGain Launches Agentic AI Infrastructure for Enterprise Travel & Expense, Combining MCP with its API Gateway to Unlock Connected Travel Ecosystems

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August 4, 2026

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New capability enables enterprises to build AI-powered travel and expense experiences that can book travel, file expenses, manage vendor spend, and approve requests through natural conversation — while securely accessing a marketplace-driven travel ecosystem through a single connection.

BENGALURU, India and CHICAGO, Aug. 4, 2026 /PRNewswire/ — TripGain, the AI-powered enterprise Travel & Expense (T&E) management platform, announces the launch of the TripGain MCP Server, a new capability that combines the open Model Context Protocol (MCP) with TripGain’s API Gateway to bring agentic AI to enterprise travel and expense management.

Unveiled at the GBTA Convention 2026, the new capability enables organizations to connect AI assistants directly to TripGain’s Travel & Expense platform, allowing employees to book business travel, file employee expenses, manage vendor expenses, and approve requests through natural conversation. Instead of navigating multiple applications, supplier portals, approval queues, and expense systems, users simply interact with their AI assistant while TripGain securely executes the underlying business workflows.

Enterprise AI is rapidly evolving from helping employees find information to completing real business tasks. The TripGain MCP Server extends this shift to corporate travel and expense by allowing AI assistants to execute enterprise workflows while continuing to leverage TripGain’s policy engine, approval workflows, supplier connectivity, and financial controls.

Built on the open Model Context Protocol introduced by Anthropic in 2024, the TripGain MCP Server acts as the conversational interface between AI assistants and the TripGain platform. What makes the solution unique is its combination with TripGain’s API Gateway. Together, they create a unified execution layer that enables AI assistants to securely access a marketplace-driven travel ecosystem through a single connection. Enterprises can connect to any travel supplier, aggregator, or inventory source supported through TripGain’s API Gateway without building or maintaining individual integrations, custom APIs, approval workflows, or compliance logic.

Rather than acting as just another AI connector, the TripGain MCP Server functions as an intelligent orchestration layer. MCP provides the standardized interface for AI assistants, while TripGain’s API Gateway handles the complexity of supplier connectivity, inventory aggregation, booking workflows, policy enforcement, approvals, and expense processing. This allows organizations to unlock maximum travel inventory and enterprise functionality through a single conversational interface instead of managing dozens of disconnected integrations.

Unlike AI integrations that primarily retrieve information, the TripGain MCP Server is designed to execute enterprise workflows. Employees can simply ask an AI assistant to search and book policy-compliant business travel, submit employee expenses, reconcile vendor expenses, or approve pending requests, while TripGain performs the actions securely in the background according to enterprise policies and workflows.

“Enterprise AI is moving beyond answering questions to completing real business work,” said Sudheer Reddy, Founder and CEO of TripGain. “With the TripGain MCP Server, organizations can extend their AI strategy into enterprise travel and expenses without rebuilding existing systems. Employees simply ask, AI takes action, and TripGain executes securely in the background.”

“The real innovation comes from combining MCP with our API Gateway,” Sudheer added. “MCP gives AI assistants a standard way to communicate with enterprise systems, while our API Gateway gives them access to a connected travel ecosystem through a single interface. Customers don’t need to integrate individual suppliers, maintain APIs, recreate approval processes, or manage complex compliance workflows. They connect once, and TripGain orchestrates the entire experience behind the scenes.”

TripGain MCP Server supports key enterprise workflows including:

Policy-compliant business travel search and bookingEmployee expense capture and submissionVendor expense managementTravel and expense approvals

Beyond end-user experiences, the TripGain MCP Server also enables enterprise development teams to build their own AI-powered travel and expense agents. Developers can leverage TripGain as the execution layer while focusing on creating AI experiences tailored to their business, eliminating the need to build supplier integrations, global inventory connections, approval engines, policy enforcement, or compliance workflows from scratch. Whether an organization connects to a handful of suppliers or an extensive global travel ecosystem, TripGain abstracts the underlying complexity through its API Gateway.

Designed around the open MCP standard, the TripGain MCP Server is AI assistant agnostic, enabling organizations to integrate with MCP-compatible AI assistants of their choice instead of being locked into a single AI ecosystem. The solution is remotely hosted by TripGain and can be enabled through secure endpoint configuration and OAuth authentication, allowing enterprises to get started without deploying additional infrastructure.

“The future of enterprise software isn’t another interface — it’s intelligent systems that work on behalf of employees,” added Sudheer. “We’re not simply exposing travel and expense data to AI. We’re enabling AI agents to execute enterprise operations while TripGain manages the complexity of supplier connectivity, business rules, approvals, and governance behind every transaction.”

By combining the open Model Context Protocol with its marketplace-driven API Gateway, TripGain creates a single intelligent pipe between enterprise AI and the global travel ecosystem. Organizations gain broad access to suppliers and global inventory without the ongoing burden of customizing integrations, configuring booking flows, maintaining API connectors, or continuously updating approval and compliance processes.

About TripGain

TripGain is an AI-powered enterprise Travel & Expense (T&E) management platform that helps organizations simplify business travel, automate expense management, and gain real-time visibility into travel spend. Built on a marketplace-driven, inventory-agnostic architecture, TripGain combines intelligent workflow automation with an extensive API Gateway that connects enterprises to a broad ecosystem of travel suppliers and aggregators. The platform enables organizations to manage travel booking, employee and vendor expenses, approvals, compliance, and financial workflows through a single intelligent platform. Headquartered in Bengaluru, India, TripGain serves more than 400 organizations and processes over US$1 billion in annual travel and expense transactions.

Media Contact

Disha Chatterjee
Senior Content Marketer
Email: disha@tripgain.com 

 

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Ricoh named a Leader in the 2026 Worldwide Laser Production Printers by IDC MarketScape

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TOKYO, Aug. 4, 2026 /PRNewswire/ — Ricoh today announced it has been named in the Leaders Category in the IDC MarketScape: Worldwide Laser Production Printers, 2026 Vendor Assessment[i].

This IDC MarketScape assesses the capabilities and strategies of 11 worldwide vendors of laser production printers. According to the report a ‘key capability is Ricoh’s polymerised toner technology that improves print quality and energy efficiency’. We believe this demonstrates how our technology supports our sustainability goals.

It continued: “More importantly, Ricoh’s core capability in laser production printers is shown not only in the hardware but also in the integration of semiconductor laser technology, electrophotography, toner materials science, and high-volume print engineering developed over nearly 90 years of imaging innovation.”

This latest recognition follows Ricoh being positioned in the Leaders Category in the IDC MarketScape: Worldwide High-Speed Inkjet 2025 Vendor Assessment (#US52990625, December 2025).

“We are delighted to again be named a Leader by IDC MarketScape,” said Koji Miyao, President, Ricoh Graphic Communications & Senior Corporate Officer, Ricoh Company, Ltd. “We are especially pleased that our commitment to research and development and the many innovations that result from it have been considered. We believe it confirms the value of our focus on co-innovating with clients and partners to identify and develop solutions that support high quality production, agility, and growth.”

Said Tim Greene, Research Director at IDC, “Ricoh is considered a trusted brand in production printing because it combines engineering heritage, global support, stable technology platforms, and reliable performance, all of which are essential for professional print providers that depend on their equipment for daily business operations.”

-Ends-

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Ricoh

Ricoh is a global integrator in workplace transformation, operating in approximately 200 countries and regions and headquartered in Tokyo. Supporting customers’ value creation, Ricoh offers workplace services and solutions that empower organisations to work smarter through advanced technologies—including AI— together with long-standing expertise rooted in printing. Ricoh also operates commercial and industrial printing businesses and delivers new solutions leveraging inkjet technology. In the financial year ended March 2026, Ricoh Group had worldwide sales of 2,608 billion yen (approx. 16.4 billion USD).

For 90 years since our founding, Ricoh has upheld its mission and vision of empowering individuals to find Fulfilment through Work—and that commitment continues today. By understanding and transforming how people work, we unleash their potential and creativity to realise a sustainable future.

For further information, please visit www.ricoh.com

© 2026 RICOH ASIA PACIFIC PTE LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

[i] IDC MarketScape: Worldwide Laser Production Printers 2026 Vendor Assessment, #EUR154121926 May 2026

 

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SOURCE Ricoh Asia Pacific Pte Ltd

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CNTE STAR T Powers the Czech Republic’s Largest Battery Energy Storage Project

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August 4, 2026

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TEPLICE, Czech Republic, Aug. 4, 2026 /PRNewswire/ — Contemporary Nebula Technology Energy Co., Ltd. (CNTE), a global provider of integrated energy storage solutions invested by CATL, has supplied its STAR T containerized energy storage system for the Modlany Energy Park in northern Czech Republic.

The project combines a 42.7 MW photovoltaic power plant with a 37.95 MW/41.7 MWh battery energy storage system, making it the largest completed battery storage project in the Czech Republic. It deploys 11 CNTE STAR T-285 liquid-cooled energy storage containers, each rated at 3.45 MW/3.793 MWh.

CNTE Modlany Energy Storage Project, 37.95 MW/41.7 MWh

Connected to a major high-voltage substation, the project is designed to provide fast-response frequency regulation and grid balancing services. The energy storage system can rapidly charge or discharge according to grid requirements, helping balance fluctuations in photovoltaic generation and electricity demand.

By storing surplus solar power and releasing it when required, the project improves renewable energy utilization and strengthens the flexibility and reliability of the regional power system. It also provides additional balancing capacity as the Czech Republic continues integrating more renewable energy into its electricity network.

Located on a former mining spoil site, the Modlany Energy Park demonstrates how previously unused industrial land can be redeveloped into productive renewable energy infrastructure. The integration of solar generation, battery storage and intelligent energy management creates a more flexible energy asset for the local region.

The project highlights CNTE’s growing presence in the European utility-scale energy storage market and demonstrates the increasing demand for fast-response, high-safety battery storage solutions that can support renewable energy integration and grid stability.

CNTE’s STAR T is a liquid-cooled containerized energy storage system developed for utility-scale applications, including frequency regulation, renewable energy integration and grid-side energy management.

The system supports 1P charging and discharging, enabling rapid power response for frequency regulation and ancillary services. Its modular architecture supports one- to four-hour applications, allowing system configurations to be adapted to different project capacities and operating requirements.

The project deploys 11 CNTE STAR T-285 containerized energy storage systems.

STAR T integrates intelligent liquid cooling, four-level fire protection, precise fire alarm positioning and continuous DC insulation monitoring to support stable operation under demanding grid conditions. Its integrated energy management system and cloud platform provide real-time monitoring, intelligent control and lifecycle asset management.

The Modlany project marks an important milestone for CNTE and the development of large-scale energy storage in the Czech Republic. Through the deployment of STAR T, the project will deliver rapid frequency response, improve renewable energy utilization, and support a more reliable and flexible regional power system.

As Europe continues accelerating renewable energy deployment and modernizing its electricity infrastructure, battery energy storage is becoming increasingly important for balancing power supply and demand, reducing renewable energy curtailment and maintaining grid stability.

CNTE will continue working with customers and local partners across Europe to deliver safe, efficient and scalable energy storage solutions for frequency regulation, renewable integration and other utility-scale applications.

About CNTE

Invested by CATL, CNTE specializes in integrated energy storage solutions, offering research and development, intelligent manufacturing, global sales and localized services. With strict quality control and standardized delivery capabilities, CNTE provides high-safety and high-efficiency energy storage systems for utility-scale, commercial and industrial, and residential applications.

Learn more: https://en.cntepower.com/

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