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Engineering Progress with Purpose: Eddy Chong’s Vision for Smarter Manufacturing

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SINGAPORE, Aug. 13, 2026 /PRNewswire/ — Great entrepreneurs are often defined by their ability to solve complex challenges with clarity, perseverance, and vision. For Eddy Chong, Founder and Director of R-Tech Global (Malaysia) Sdn Bhd, this philosophy has shaped a business dedicated to transforming manufacturing through robotics and automation. His unwavering commitment to engineering excellence and customer-focused innovation has earned him the Master Entrepreneur award at the Asia Pacific Enterprise Awards (APEA) 2026 Regional Edition, organized by Enterprise Asia.

Eddy’s entrepreneurial journey began with a passion for mechanical design and automation, which led him to further his studies in Japan. Immersed in the country’s disciplined engineering culture and advanced manufacturing practices, he developed a strong appreciation for quality, continuous improvement, and practical problem-solving—principles that would later become the foundation of R-Tech Global.

Founded in 2013, the company has evolved under Eddy’s leadership from a traditional engineering business into a specialist system integrator delivering end-to-end robotics and automation solutions. Guided by the “Spirit of R”—Robotics, Revolution, and Reliability—R-Tech Global designs customized automation systems that address manufacturers’ operational challenges, helping clients improve productivity, optimize processes, and enhance efficiency through reliable and scalable engineering solutions.

Rather than offering standalone engineering services, Eddy has championed a solution-driven approach that begins with understanding each client’s unique production environment before developing practical, high-performance systems tailored to their needs. This customer-centric philosophy has enabled R-Tech Global to expand beyond Malaysia, successfully delivering projects across international markets, including Japan and Europe, while strengthening its technical capabilities and reputation for execution excellence.

Committed to long-term value over short-term gains, Eddy continues to invest in engineering talent, innovation, and organizational capability. As R-Tech Global broadens its international presence and advances its expertise in industrial robotics he remains steadfast in his belief that meaningful progress comes from solving real-world challenges with discipline, integrity, and purpose. Through his visionary leadership, Eddy Chong continues to inspire the next generation of engineers while helping shape the future of advanced manufacturing.

About Enterprise Asia

Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplifting the economic status of people across Asia and ensuring a legacy of hope, innovation, and courage for future generations. Please visit https://www.enterpriseasia.org/ for more information.

About Asia Pacific Enterprise Awards

Launched in 2007, the Asia Pacific Enterprise Awards is the region’s most prestigious award for outstanding entrepreneurship, continuous innovation, and sustainable leadership. The Award provides a platform for companies and governments to recognize entrepreneurial excellence, hence spurring greater innovation, fair business practices, and growth in entrepreneurship. As a regional award, it groups together leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation-only networking powerhouse. The program has grown to encompass 16 countries/ regions and markets all over Asia. For further information, please visit www.apea.asia.

View original content:https://www.prnewswire.com/apac/news-releases/engineering-progress-with-purpose-eddy-chongs-vision-for-smarter-manufacturing-302850667.html

SOURCE Enterprise Asia

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Baozun to Announce Second Quarter 2026 Unaudited Financial Results on August 27, 2026

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SHANGHAI, Aug. 13, 2026 /PRNewswire/ — Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (“Baozun”, the “Company” or the “Group”), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced that it will release its unaudited financial results for the second quarter and the six months ended June 30, 2026 on Thursday, August 27, 2026, before the open of U.S. markets.

The Company will host a conference call to discuss the earnings at 7:30 a.m. Eastern Time on Thursday, August 27, 2026 (7:30 p.m. Beijing time on the same day).

Dial-in details for the earnings conference call are as follows:

United States:

1-888-317-6003

Hong Kong:

800-963-976

Singapore:

65-3158-8715

Mainland China:

4001-206-115

International:

1-412-317-6061

Passcode:

5702943

A replay of the conference call may be accessible through September 3, 2026 by dialing the following numbers:

United States:

1-855-669-9658

International:

1-412-317-0088

Replay Access Code:

3425144

A live webcast of the conference call will be available on the Investor Relations section of Baozun’s website at http://ir.baozun.com. An archived webcast will be available through the same link following the call.

Safe Harbor Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continues,” “ongoing,” “targets,” “guidance,” “going forward,” “looking forward,” “outlook” or other similar expressions. Statements that are not historical facts, including but not limited to statements about Baozun’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to Baozun’s filings with the United States Securities and Exchange Commission and its announcements, notices or other documents published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update such information, except as required under applicable law.

About Baozun Inc.

Founded in 2007, Baozun Inc. is a leader in brand e-commerce service, brand management, and digital commerce service. Baozun Inc. comprises three major business lines – Baozun e-Commerce (BEC), Baozun Brand Management (BBM) and Baozun International (BZI) and is committed to accelerating high-quality and sustainable growth. Driven by the principle that “Technology Empowers the Future Success”, Baozun’s business lines are devoted to empowering their clients’ business and navigating their new phase of development.

For more information, please visit http://ir.baozun.com.

For investor and media inquiries, please contact:

Baozun Inc.
Ms. Wendy Sun
Email: ir@baozun.com

 

View original content:https://www.prnewswire.com/news-releases/baozun-to-announce-second-quarter-2026-unaudited-financial-results-on-august-27-2026-302850613.html

SOURCE Baozun Inc.

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BOXABL Inc. Opens the Door to Mergers, Acquisitions, and Partnerships Across the Housing Industry

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BOXABL invites companies, landholders, talent, and inventions across the housing supply chain to join forces, with the opportunity for flexible deal structures

LAS VEGAS, Aug. 13, 2026 /PRNewswire/ — BOXABL Inc. (Nasdaq: BXBL), an innovative technology company transforming the housing market with its modular building systems, announces the launch of a new section of BOXABL’s website to encourage partnerships aimed at assembling the full suite of capabilities needed to make housing affordable at mass-production scale.

BOXABL envisions that potential partnerships may include whole-business acquisitions, mergers, joint ventures, land contributions, talent additions, and technology or intellectual property deals across the housing value chain. As part of this effort, the Company also said it is open to evaluating M&A opportunities more broadly where a combination could accelerate its mission to make housing affordable at scale.

“Housing is too expensive right now, and every year we spend inventing something that already exists is a year homes stay unaffordable,” said Galiano Tiramani, BOXABL Founder and Co-CEO. “If someone has already solved a piece of it, the fastest path is to bring them in — not to start over in-house and hope we catch up.”

Four Areas of Focus

BOXABL is prioritizing partnerships across four categories:

Companies — Manufacturers, installers, dealers, lenders, haulers, and suppliers of any size.Land — Raw, entitled, infill, or acreage parcels.Talent — Operators with experience building, moving, selling, and financing housing. The Company describes talent acquisition as “the real reason we do deals,” noting that this kind of operating experience cannot be bought off a shelf.Inventions — Patents, prototypes, tooling, manufacturing processes, and software that address any piece of the affordable-housing problem, from faster panel systems to cheaper connections to better factory-line design.

Where BOXABL Is Looking

The Company identified specific areas where it is seeking partners, including factories and fabrication facilities, developers and landholders, installation and site-work contractors, transport and logistics operators, lending and finance providers designed for factory-built housing, sales and dealer networks, automation and software providers, and materials and systems suppliers. BOXABL also said it welcomes pitches for ideas, patents, or businesses that fall outside these categories but that could still make housing more affordable.

Flexible Deal Structures

BOXABL said all transactions considered under the program will be evaluated individually, with flexible structures that may include cash, stock, or a combination of both, depending on the requirements of a specific transaction. The Company is directing interested parties — including companies, landholders, operators, and inventors — to submit expressions of interest through its website or by phone. BOXABL noted that any submission is non-binding and creates no offer, agreement, or obligation on the part of either party, and that any transaction would be subject to due diligence, definitive documentation, and applicable approvals.

Interested parties can submit an expression of interest by filling out the form at www.boxabl.com/mergers#interest.

About BOXABL

Since its inception in 2017, BOXABL has raised over $230 million from more than 50,000 investors. The North Las Vegas-based company is dedicated to transforming the housing industry through innovative technology and design, with a mission of making housing affordable at mass-production scale. BOXABL’s flagship product, the Casita, is a 361-square-foot studio unit with a full kitchen, bathroom and utilities that unfolds on-site in under an hour. The Company also offers the smaller 120-square-foot Baby Box and is developing stackable and connectable modules designed to form townhomes, multifamily units, and larger single-family homes. BOXABL began trading on the Nasdaq Stock Market under the ticker symbol “BXBL” on July 20, 2026, following the completion of its business combination with FG Merger II Corp.

Forward-Looking Statements

This communication includes “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements may be identified by the use of words such as “plan,” “project,” “will,” “estimate,” “intend,” “expect,” “believe,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. We have based these forward-looking statements on current expectations and projections about future events. These statements include: projections of market opportunity and market share; estimates of customer adoption rates and usage patterns; projections of development and commercialization costs and timelines; expectations regarding BOXABL’s ability to execute its business model and the expected financial benefits of such model; expectations regarding BOXABL’s ability to attract, retain, and expand its customer base; BOXABL’s deployment of Casita; BOXABL’s expectations concerning relationships with strategic partners, suppliers, governments, regulatory bodies and other third parties; future ventures or investments in companies, products, services, or technologies; development of favorable regulations and government incentives affecting BOXABL’s markets; the potential benefits of any proposed transaction and expectations related to its terms and timing; and the potential for BOXABL to increase in value.

These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions, many of which are beyond the control of BOXABL.

In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this communication, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

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SOURCE Boxabl

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HEART AEROSPACE COMPLETES FIRST FLIGHT OF WORLD’S LARGEST ELECTRIC AIRCRAFT

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Heart X1 becomes the largest battery-electric aircraft ever flown, with a 106-foot wingspan and takeoff weight exceeding 25,000 pounds.

Piloted first flight used approximately $5 worth of electricity, highlighting electric aviation’s potential to deliver structurally lower commercial aircraft operating costs.

Flight demonstrates electric aviation at the scale of a commercial airliner, marking a major step toward bringing electric aircraft into everyday airline service.

Milestone advances development of Heart’s ES-30, a 30-seat hybrid-electric regional airliner targeted for 2031 entry into service, with commitments from United Airlines, Air Canada, and JSX.

PLATTSBURGH, N.Y. and LOS ANGELES, Aug. 13, 2026 /PRNewswire/ — Heart Aerospace today announced the successful first flight of the company’s X1 demonstrator aircraft. Spanning 106 feet, measuring 76 feet nose to tail, and weighing more than 25,000 pounds at takeoff, X1 is the largest battery-electric aircraft ever flown.

Heart Aerospace’s X1 becomes world’s largest electric aircraft ever flown—an airliner-scale flight using $5 electricity.

The flight took place on Wednesday, August 12th, 2026, at Heart’s X1 flight-test base at Plattsburgh International Airport, a regional commercial airport serving a community of 20,000 people in upstate New York. The piloted mission lasted 27 minutes, during which X1 reached an altitude of 1,100 feet AGL and its all-electric propulsion system delivered more than one megawatt of power.

The flight was conducted under an FAA Special Airworthiness Certificate in the Experimental Category (SAC-EC), with a test profile that included taxi, takeoff, climb, maneuvering, and landing. The mission was designed to demonstrate all-electric flight at a scale relevant to commercial airline operations.

Powered entirely by batteries, X1 used approximately $5 worth of electricity during its first flight. The flight came amid a sustained surge in global jet fuel prices, which averaged $3.50 per gallon for the week ending August 7, up 63% year over year, highlighting the potential for electric propulsion to deliver structurally lower aircraft operating costs while decoupling airlines from the volatility of global oil markets.

“With the first flight of X1, Heart Aerospace has demonstrated electric flight at the scale of a commercial airliner,” said Anders Forslund, Founder and CEO of Heart Aerospace. “Electric commercial aircraft have the potential to fundamentally reshape airline economics and, ultimately, lower the cost of air travel for passengers. This is at the heart of our vision for abundant air travel, with electrification enabling more affordable, frequent, and cleaner air service to and from airports closer to home.”

X1 is a full-scale demonstrator representative of Heart’s ES-30 production aircraft, designed to validate key technologies, aerodynamics and flight performance, and Heart’s organizational capabilities. The ES-30 is a conventional fixed-wing, 30-seat hybrid-electric regional airliner being developed for FAA Part 25 certification. It has attracted customer commitments from major air carriers including United Airlines, Air Canada, and JSX.

“The first flight of X1 is a major technical achievement for Heart Aerospace, a company United has been proud to support,” said Michael Leskinen, Chief Financial Officer of United Airlines. “Electric commercial aircraft have real potential to deliver a better travel experience for passengers while strengthening our business, and we look forward to Heart’s continued development of the ES-30 and its potential future role in United’s network.”

“The energy transition for aviation will require a range of solutions, from operational efficiencies to sustainable aviation fuels, and ultimately the development of new aircraft technologies,” said John Di Bert, Executive Vice President and Chief Financial Officer of Air Canada. “Our investment in Heart Aerospace and the ES-30 reflects Air Canada’s commitment to supporting innovative technologies that have the potential to transform aviation. X1’s first flight is an important milestone in that journey, and we look forward to continuing to work with Heart Aerospace as the ES-30 program progresses and plays its part in the future of regional aviation.”

With entry into service targeted for 2031, Heart expects the ES-30 to reduce aircraft operating costs by more than 40% compared with legacy regional aircraft. This reduction is driven by lower energy costs, reduced maintenance requirements from simplified electric propulsion and electrified flight systems, and greater aircraft uptime and reliability enabled by an integrated electronics and software architecture.

Heart foresees this cost advantage widening over time through advances in battery technology, technology-enabled gains in crew efficiency, and the ES-30’s low exposure to a growing range of emissions-related aviation taxes and fees worldwide.

“Through the X1 program, Heart has built the capability to design, build, test, operate, and continuously improve a clean-sheet electric commercial aircraft,” said Ben Stabler, Chief Technology Officer. “We are carrying that full-stack capability directly into the ES-30, our first production aircraft and the foundation of a broader technology platform for electric airliners.”

Heart is currently developing the first pre-production ES-30 at its pilot manufacturing plant in Los Angeles, with flight testing scheduled to begin in 2028.

The full X1 media kit, including high-resolution photos and video, is available at https://www.heartaerospace.com/x1.

About Heart Aerospace

Heart Aerospace is a Los Angeles-based electric aircraft manufacturer on a mission to lower the cost of air travel. In August 2026, Heart flew the company’s X1 demonstrator, the world’s largest battery-electric aircraft, advancing electric flight into the airliner category. The company’s first production aircraft, the Heart ES-30, is a clean-sheet, 30-seat hybrid-electric regional aircraft designed to bring cost-efficient electric flight into everyday airline service. Backed by $9.4 billion in customer commitments from leading carriers including United Airlines and Air Canada, Heart is advancing technologies to make electric aviation work at commercial scale. Learn more about Heart and its vision for abundant, affordable air travel at www.heartaerospace.com.

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SOURCE Heart Aerospace

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