Six-month supervised initiative advances a transparent model designed to expand smartphone and responsible credit access in Bangladesh

LOS ANGELES, Aug. 13, 2026 /PRNewswire/ — SahajMobile BD Limited (“SahajMobile”), the Bangladesh operating company of Delaware holding company HR Consortium USA, Inc., today announced that Bangladesh Bank’s Payment Systems Department-1 issued a formal no-objection for a six-month supervised smartphone-access pilot.

The formal no-objection, dated Aug. 9, 2026, allows SahajMobile to conduct the defined pilot under Bangladesh Bank monitoring and specified operating conditions. The initiative is designed for low-income people who do not own smartphones, with underserved and rural areas prioritized within campaign locations approved by Bangladesh Bank.

A large digital market with a formal credit gap

Bangladesh has established significant digital reach and payment activity. The Bangladesh Telecommunication Regulatory Commission reported 113.5 million mobile-internet subscriptions in February 2026. Bangladesh Bank reported BDT 2.47 trillion in Mobile Financial Services transaction value in May 2026. At the same time, World Bank survey data for 2024 estimate that 38.2% of adults owned a personal smartphone and 13.1% borrowed from a formal source.

Together, these indicators frame the opportunity SahajMobile is pursuing: extend transparent, technology-enabled credit to people who need an essential device to participate more fully in the digital economy.

“Our aim is to expand responsible access to credit, starting with the smartphone because it connects customers to payments, work, education, information and formal financial services,” said Rafsun Faiz, CEO of HR Consortium USA, Inc. “The pilot gives us a clear framework to serve customers, measure repayment behavior, strengthen portfolio controls and report consistently to Bangladesh Bank.”

A U.S. holding company supporting local execution

HR Consortium USA, Inc. was incorporated in Delaware in 2024 and serves as the holding company for SahajMobile BD Limited. The structure combines U.S.-based corporate governance and long-term strategy with locally led underwriting, distribution, servicing, collections and regulatory reporting in Bangladesh.

SahajMobile’s strategy begins with a focused product: financing an essential smartphone through a transparent installment structure. Over time, the company intends to turn each successful customer relationship into a stronger repayment history, repeat financing opportunity and trusted point of access to future financial products. Any future payment or partner-distributed financial capability will depend on applicable approvals and licensed counterparties.

“We see a large and durable need for responsible small-ticket credit in Bangladesh,” said Abu Al Motalib, Director of SahajMobile BD Limited. “Our ambition is to build a trusted financial-access company that can scale with disciplined underwriting, strong servicing and clear regulatory engagement. The NOC gives us a measurable next step: execute the pilot well and build evidence for responsible growth.”

During the six-month pilot, SahajMobile will focus on customer affordability, accurate disclosures, servicing quality, repayment performance, portfolio monitoring and regulatory reporting. The formal no-objection applies to the defined pilot. It is not a permanent license, does not guarantee renewal or a future license, and may be amended or canceled by Bangladesh Bank.

About HR Consortium USA, Inc.

HR Consortium USA, Inc. is a Delaware holding company and the parent company of SahajMobile BD Limited. It provides strategic oversight and supports the technology, governance and long-term development of SahajMobile’s operations in Bangladesh.

About SahajMobile BD Limited

SahajMobile BD Limited is a Bangladesh-based smartphone-financing company focused on helping underserved consumers acquire devices through transparent installment programs. The company works through retail and device channels and uses technology-enabled customer onboarding, underwriting, servicing and portfolio management. Its ambition is to expand responsible credit access and deepen participation in Bangladesh’s digital economy.

Learn more at www.sahajmobile.org. 

Media Contact

contact@sahajmobile.org 

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SOURCE HR Consortium USA, Inc.

Inspired by Lucid Air Sapphire, Lucid Gravity GT-S combines extraordinary performance, distinctive craftsmanship, and uncompromising versatility

NEWARK, Calif., Aug. 13, 2026 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced software-defined vehicles and technologies, today announced the Lucid Gravity GT-S, a new performance-focused expression of the Lucid Gravity. Inspired by Lucid Air Sapphire, the new model brings greater power, dynamic capability and performance-focused design while preserving the exceptional space, comfort and versatility Lucid Gravity delivers to its customers.

With 1,070 horsepower, Lucid Gravity GT-S is America’s most powerful three-row SUV, sprinting from 0-60 mph in 3.1 seconds. Its standard Lucid’s Dynamic Handling Package enhances agility, stability, and ride comfort with independent rear-wheel steering and an adaptive three-chamber air suspension that lowers the vehicle at speed.

Lucid Gravity GT-S pairs supercar performance with seating for up to seven adults, generous cargo capacity, and an advanced technology platform that defines every Lucid vehicle. The result is a luxury SUV that combines extraordinary capability with the comfort and versatility customers use every day.

“With Lucid Gravity GT-S, we’ve created a more expressive and exhilarating interpretation of the Gravity SUV,” said Derek Jenkins, Chief Creative Officer at Lucid. “It combines extraordinary performance with the comfort, space, and versatility that define Gravity, delivering an exceptional experience for our customers that is uniquely Lucid.”

Lucid Gravity GT-S will make its global debut during Monterey Car Week, one of the world’s foremost celebrations of automotive design, luxury, and performance. Displayed alongside Lucid Air Sapphire in the Concours Village at Pebble Beach, Lucid Gravity GT-S demonstrates how Lucid continues to expand the boundaries of what a luxury electric vehicle can be.

Distinctive GT-S Design
Lucid Gravity GT-S introduces unique design elements, including blue exterior accents, painted blue brake calipers, and more. Inside, its Mojave PurLuxe Premium interior features blue stitching and piping across the first and second rows, blue seatbelts, blue stitching on the steering wheel, door armrests, and front center armrest. Additional interior details include blue seatbelts, a blue steering wheel marker and Lucid Bear logo embossing on the front seat headrests.

Full details about standard and optional features are available through the Design Yours Configurator.

Pricing and Availability
Lucid Gravity GT-S will be available exclusively in the United States and is priced from $125,900 USD, excluding tax, title, license, options, destination, and documentation fees. A Tahoe leather interior option is priced at $1,300, and destination and delivery is $1,850.

Orders open today.

About Lucid Group
Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid’s proprietary technology and software defined vehicle architectures, the company’s lineup of award-winning vehicles brings Lucid’s “Compromise Nothing™” approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.

Forward-Looking Statements
This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “shall,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, features, performance specifications and starting price of each of 2027 Lucid Gravity models, the features and the starting price of the packages, and Lucid’s strategy. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid’s management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Current Reports on Form 8-K, and other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid’s expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid’s assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact
media@lucidmotors.com 

Trademarks
This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners.

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SOURCE Lucid Motors

XI’AN, China, Aug. 13, 2026 /PRNewswire/ — Entrepreneur Universe Bright Group (“EUBG” or the “Company”), a Nevada corporation, reported its unaudited financial results for the period ended June 30, 2026.

Second Quarter 2026 Financial Highlights

Revenue: $746,113 for the three months ended June 30, 2026, compared to $1,143,106 during the same period of 2025.Net Loss: $34,495 for the three months ended June 30, 2026, compared to net income of $422,852 during the same period of 2025.Total Comprehensive Income: $23,552 for three months ended June 30, 2026, compared to $424,033 for the prior-year period.Cash Position: Cash and cash equivalents were approximately $10.67 million as of June 30, 2026.

Business Overview

EUBG provides digital marketing consultancy services through its wholly-owned PRC subsidiary. The Company focuses on delivering marketing consulting and related services to enterprises in China, supporting brand development and customer acquisition through online and integrated service solutions.

During the second quarter of 2026, the Company continued to optimize its service structure and develop selected business initiatives. The Company launched a new digital marketing service to prepare and publish digital marketing materials on behalf of clients across various digital platforms. In addition, Heng Ying International Investment Limited, the Company’s wholly-owned Hong Kong subsidiary, successfully completed the routine renewal of its Money Lenders License in June 2026 and has progressively commenced business operations.

Strategic Outlook

EUBG continues to focus on strengthening its consulting capabilities, improving operational efficiency, and enhancing long-term competitiveness.

The Company is also continuing to evaluate and develop strategic expansion opportunities, including selected fintech-related initiatives through its Hong Kong subsidiary, Heng Ying International Investment Limited.

In addition, on February 25, 2026, the Company effected a 1-for-10 reverse stock split, further aligning its capital structure with long-term strategic objectives.

Management Commentary

Mr. Guolin Tao, CEO of EUBG, stated:

“Our second quarter results reflected contracting demand in certain service lines, and ongoing strategic adjustments. At the same time, we continued to maintain a strong cash position while advancing new business initiatives.

Looking ahead, we will continue enhancing our consulting and digital marketing capabilities while prudently developing new business opportunities.”

About Entrepreneur Universe Bright Group

Entrepreneur Universe Bright Group is a Nevada holding company that conducts its operations through its wholly-owned subsidiaries in Hong Kong and mainland China. The Company primarily engages in consulting and marketing services in China with support from its Hong Kong subsidiaries.

For more information, please visit: www.eubggroup.com

Safe Harbor Statement

This press release contains projections and “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 related to the Company’s business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are not historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.

Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from those discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; future business development; financial condition and results of operations; product and service demand and acceptance; competition and pricing pressures; changes in technology; government regulations; fluctuations in economic and business conditions in China; and assumptions underlying or related to any of the foregoing and other risks contained in the Company’s filings with the SEC. Investors are cautioned not to place undue reliance on any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

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SOURCE Entrepreneur Universe Bright Group