DUBAI, UAE, Aug. 27, 2026 /PRNewswire/ — Mitrade is sponsoring the World Snooker Tour (WST) for the 2026/27 season, aligning its brand with a sport built on composure and sustained focus under pressure. Snooker demands discipline and total concentration from a player facing a shifting table — qualities that reflect the broker’s advocacy for responsible, informed trading.

This global partnership lands as Mitrade’s growth accelerates. Since January 2026, the group reports that active trading clients increased 54% year on year, while the number of trades rose 79% and total lots traded grew 148%. The WST sponsorship provides Mitrade with a platform to engage with its growing community of traders and snooker fans and strengthen brand awareness across multiple markets.

“The World Snooker Tour is a prestigious platform with a global following, and we are proud to support its reach,” said Kevin Lai, Vice President of Mitrade Group. “The sport reflects qualities we value. Thoughtful decision-making, discipline, and respect for risk. It reinforces our responsible growth and commitment to helping traders understand markets, and we look forward to a relationship with WST’s community.”

“We are delighted to welcome Mitrade to the World Snooker Tour,” said Peter Wright, Chief Commercial Officer of WST. “This is a significant partnership with a dynamic global brand, and we are excited about working together across our European events. We look forward to seeing Mitrade become a prominent part of the World Snooker Tour throughout the season.”

Mitrade’s involvement with WST kicks off at the British Open in Cheltenham on 31 August 2026.

About Mitrade Group

Mitrade is a globally recognised, award-winning CFD trading platform licensed under UAE’s CMA (20200000397), South Africa’s FSCA (FSP 54842), Cayman Islands’ CIMA (SIB1612446), Mauritius’s FSC (GB20025791), Australia’s ASIC (AFSL398528), and Cyprus’s CySEC (CIF438/23). 

Connecting 7M+ traders to 1,000+ OTC derivatives, including indices, forex, commodities, ETFs, and shares, Mitrade’s platform is designed to provide fast trade execution, competitive spreads, and a user-friendly interface accessible across multiple devices. 

OTC derivatives are a leveraged product and can result in the loss of your entire capital. Trading OTC derivatives may not be suitable for everyone. Please consider the product sheet, risk disclosure statement and client agreement before using the services and ensure that you understand the risks involved.

This article is for informational purposes only and not financial advice, an offer, or a solicitation. 

Visit https://www.mitrade.com/ for more information.

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CHANGZHOU, China, Aug. 27, 2026 /PRNewswire/ — Recently, with the support of State Grid Changzhou Power Supply Company, 15 units of 35 kV, 6,000 kVA pad-mounted transformers manufactured by Jiangsu Huapeng Transformer Co., Ltd. successfully obtained the British Standards Institution (BSI) carbon neutral certification, making them the first batch of export-oriented transformers in China to receive such certification. These units are scheduled to be shipped to Europe in the near future for use in local data center construction projects.

Currently, with the explosive growth of AI technology and the rapid expansion of the global computing power industry, transformers — as core power equipment for computing infrastructure — are experiencing surging market demand. Chinese-made transformers have gained strong international traction due to their advanced product performance and extremely short delivery cycles. Zhou Yuechao, Deputy Director of the New Energy Workshop at Jiangsu Huapeng Transformer Co., Ltd., stated: “To meet overseas market demands, our transformers can be delivered in as little as six months from order placement, giving us a distinct advantage over foreign competitors, whose construction cycles often take two to three years.”

In the first half of this year, the company’s export orders exceeded RMB 2.4 billion, with overseas business accounting for more than 60% of total revenue, and products sold to over 200 countries and regions worldwide. As overseas markets continue to expand, product green and low-carbon certification has become a key lever for the company to deepen its presence in high-end international markets.

Product carbon neutral certification is a systematic endeavor that requires precise quantification of carbon emissions across the entire product lifecycle, substantive emission reductions, and traceable offsetting. To overcome the certification challenges, the State Grid Jiangsu Electric Power “Electric Warm Current” Party Member Service Team went deep into the factory premises, identified carbon emission sources throughout the entire production process, customized specialized accounting ledgers for energy consumption, materials, and transportation, assisted the enterprise in aligning with international emission factors, and cooperated with third-party agencies through multiple rounds of data verification.

Chen Chang, a marketing staff member at State Grid Changzhou Power Supply Company, stated: “After comprehensive and precise accounting, after deducting the emission reductions from the enterprise’s own photovoltaic generation, the remaining 1,242 tons of CO₂ emissions from these 15 transformers will be traded and offset through our carbon trading platform.”

To address the post-accounting carbon emission gap, the power supply company connected with the Suzhou One-Stop Carbon Neutrality Inclusive Service Center to precisely match carbon resources for the enterprise, completing a one-time retirement of 1,250 tons of CO₂ equivalent through carbon trading, fully covering the remaining carbon footprint of the products.

Earlier, State Grid Jiangsu Electric Power had released the “Electric Warm Current” 2026 “Practical Initiatives for the People” Ten-Action Plan, which included measures to expand energy efficiency and carbon efficiency service models. Through this certification process, the enterprise accumulated experience in full-chain carbon data management for its products, laying a solid foundation for future responses to international green trade barriers and deeper penetration of high-end overseas markets. This milestone marks another front-running achievement for China’s high-end power equipment in the green and low-carbon track, while also providing a replicable model for State Grid Jiangsu Electric Power’s “electric-carbon synergy” services.

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SOURCE State Grid Changzhou Power Supply Company

Agreement announced as Tencent’s Hy3 AI model launches globally and becomes accessible to business and developers across the region, ahead of Tencent Cloud’s participation at LEAP 2026

RIYADH, Saudi Arabia, Aug. 27, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a partnership with TruKKer, a leading tech-enabled logistics and transportation company serving businesses across the EMEA region.

TruKKer is MENA’s largest digital freight network and the partnership will see TruKKer migrate its platform to Tencent Cloud’s Saudi Arabia region and adopt CodeBuddy, Tencent’s AI-powered coding assistant as a strategic initiative to transform its DevOps practices and operations.

The agreement, announced as Tencent Cloud is set to take part in LEAP 2026, marks the latest milestone in Tencent Cloud’s deepening commitment to the Kingdom of Saudi Arabia and the wider Middle East.

AI momentum across the region

The announcement comes as artificial intelligence adoption accelerates across the Kingdom. Some 45.2% of internet users in Saudi Arabia have adopted AI tools1, reflecting a growing reliance on digital technologies in daily life, from fintech to public services. Businesses are moving in step with 33.1% of Saudi companies now using AI technologies, up 20% year-on-year2, within a national cloud computing market valued at approximately US$5.5 billion in 2026 and projected to reach US$11.47 billion by 20313.

In August this year, Tencent announced the international access of Tencent Hy3, its latest model built on a hybrid fast-and-slow-thinking Mixture-of-experts (MoE) architecture, that is also made available through global developer platforms and open-source communities under the commercially permissive Apache 2.0 license. Hy3 brings advanced reasoning and agent capabilities to enterprise workloads worldwide and becomes accessible to businesses and developers across the region. Since its global rollout, Hy3 has recorded more than 68 times as many API calls as its previous-generation model.

Users and enterprises can access Hy3 through WorkBuddy, Tencent’s AI agent workspace, Tencent Design Miora, an AI-native creative studio, as well as through Tencent Cloud TokenHub, a Model-as-a-Service platform that gives enterprises unified access to  other leading third-party large language models.

Saudi cloud region and regional expansion

The TruKKer agreement builds on Tencent Cloud’s ongoing investment in the region’s digital infrastructure. In 2025, Tencent Cloud announced its first Middle East Cloud Region in Saudi Arabia, featuring two availability zones and backed by a business operation commitment of more than US$150 million in infrastructure, resources and investment. Earlier this year, Tencent Cloud obtained the Class C License in Saudi Arabia which is the highest certification tier granted to cloud service providers (CSPs) by the Communications, Space and Technology Commission (CST).

Today, Tencent Cloud’s global network spans 68 availability zones across 24 regions, supported by more than 3,200 acceleration nodes worldwide, with the Middle East among its fastest-growing regions.

“The Kingdom of Saudi Arabia continues to accelerate its digital transformation in the region, and Tencent Cloud is proud to grow alongside it. From our cloud region and partnerships like the one we are announcing today with TruKKer, to the rapid adoption of Hy3 to provide intelligence to businesses across the Middle East, we remain committed to delivering the cloud and AI capabilities that will help realise the ambitions of Saudi Vision 2030,” said Rachel Xie, General Manager of Tencent Cloud Middle East and General Manager of Operations, Channel Development and Marketing of Tencent Cloud International.

“We are delighted to announce our migration to Tencent Cloud’s local infrastructure in Saudi Arabia at LEAP 2026. As the largest digital freight network in the MENA region, including Saudi Arabia, our platform must deliver guaranteed truck availability, real-time visibility, and competitive pricing at scale. By embracing cutting-edge AI tools, we stay ahead and let our people focus on delivering value to our customers and carriers,” said Pradeep Mallavarapu, Co-Founder and Chief Technology Officer of TruKKer Middle East.

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel and transportation.

About Tencent

Tencent is a world-leading internet and technology company that develops innovative products and services to improve the quality of life of people around the world. Founded in 1998 with its headquarters in Shenzhen, China, Tencent’s guiding principle is to use technology for good. Our communication and social services connect more than one billion people around the world. Tencent also offers a range of services such as cloud computing, advertising, FinTech, and other enterprise services to support our clients’ digital transformation and business growth. Tencent has been listed on the Stock Exchange of Hong Kong since 2004.

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