Connect with us

Technology

Yeahka Announces 2026 Interim Results and Declares First Interim Dividend Since Listing

Published

on

HONG KONG, Aug. 27, 2026 /PRNewswire/ — Yeahka Limited (“Yeahka” or the “Company,” Stock Code: 9923.HK), a leading payment-based technology platform, is pleased to announce its interim results for the six months ended June 30, 2026 (the “Period” or “1H26”).

Business and Financial Summary

In the first half of 2026, the Company enhanced its commercialization rate and optimized its customer mix, resulting in a year-on-year increase of approximately 24.9% in the gross profit of the payment business to RMB244.0 million, thereby driving the overall gross profit margin up from 23.3% to 28.8%. During the Period, the overall net profit amounted to RMB41.9 million, marking the best half-year profit margin since 2023, and achieving year-on-year profit growth in the first half of the year for four consecutive years;Benefiting from localized operations and expanded cooperation with strategic partners, the businesses in Hong Kong (China), Macao (China) and overseas regions hit record highs across multiple indicators. In the first half of 2026, the relevant businesses recorded gross payment volume (GPV) of approximately RMB6 billion, representing a year-on-year increase of 293.8%. The fee rate rose to 63.1 basis points, while its profit contribution of the overall payment business gradually increases, which will be targeted to approximately 50% in the next three years. We have obtained a digital currency payment license in Arizona, the United States, and have completed product research and development, with plans to commence our online payment business in the United States and Asia. There remains significant room for growth in the penetration of non-cash payments and value-added services in overseas regions, coupled with relatively high fee rates and gross profit margins, this will bring greater market opportunities and profit contributions to the Company in the long term;Value-added services beyond payments also continued to be commercialized. In the first half of 2026, the transaction value of AI-generated video content of the merchant solutions increased by 207% year-on-year to RMB244.1 million, and relevant products were also recognized with multiple awards for marketing creativity and performance breakthroughs awarded by platforms such as ByteDance;The net profit and gross merchandise volume (GMV) of the in-store e-commerce business reached a new record high in the first half of 2026, with GMV exceeding RMB3.2 billion, representing a year-on-year increase of over 75%. Revenue increased by 21.2% year-on-year to RMB31.1 million, gross profit increased by 26% year-on-year to RMB22.0 million, and gross profit margin increased from 68.0% to 70.7%, which will continue to support domestic and overseas commercialization and profit growth;The Group has continued to enhance efficiency through our digital workforce and the optimization of its R&D processes. In the first half of 2026, administrative and R&D expenses decreased by 8.1% year-on-year, reflecting the continued contribution of innovative technologies to cost control. The deeper integration of AI into business processes will continue to enhance the Group’s long-term efficiency and core competitiveness.

Mr. Luke Liu, Chairman of the Board and Chief Executive Officer, said, “During the first half of 2026, we continued to advance commercialization and enhance profitability. Overseas expansion, product innovation and disciplined cost management collectively contributed to further improvement in the quality of our earnings and strengthened our confidence in delivering sustainable long-term profitability. In domestic payments, we maintained our leading position while continuing to optimize our customer mix, deepen our presence among higher-value industries and brand merchants, and broaden the use of AI across operations to enhance efficiency and profit resilience. At the same time, we are accelerating our global expansion and further developing an integrated suite of payment and merchant value-added solutions to serve merchants across different markets. AI is also becoming more deeply embedded across our business: externally, helping merchants increase revenue, reduce costs and improve efficiency; and internally, enhancing our R&D and operational efficiency. Together, these initiatives are reinforcing our long-term competitive advantages. We are also pleased to declare our first interim dividend since listing, reflecting our confidence in Yeahka’s long-term prospects and solid financial position.”

Mr. Vincent Chan, Head of Corporate Development & Capital Markets, added, “We remain highly confident in the long-term growth opportunities in global payments. Our overseas strategy is not limited to travel-related payments or any single cross-border payment corridor. Instead, we are addressing the broader day-to-day payment needs between local merchants and consumers across markets globally, giving our business model a significantly larger addressable market and greater scalability. Yeahka’s differentiation lies in our comprehensive product suite spanning payments, merchant solutions and in-store e-commerce, and in our ability to integrate value-added services with payments to provide merchants with a truly one-stop solution. We continue to strengthen our international talent, products, channels and partner network as we expand across global merchant acquiring, online payments and emerging agentic payment scenarios. We have obtained a digital currency payment license in Arizona, the United States, and completed related product R&D, while continuing to advance our service and licensing footprint in key markets. The application of AI is also becoming an increasingly important part of our service ecosystem, helping merchants improve customer acquisition, transaction conversion and user retention. As we further build out our local teams, localized products and global partner network, we believe our proven operating model can be replicated across more markets, further strengthening Yeahka’s global competitiveness and long-term growth potential.”

Outlook

Mr. Luke Liu concluded, “Looking ahead, we will accelerate our global expansion while consolidating our leading position in the domestic market and continuing to improve commercialization and profitability. We will replicate our proven international operating model in more high-growth markets, expand across offline acquiring, online payments and agentic payment scenarios, and use AI to help merchants grow revenue, reduce costs and improve efficiency. Internally, AI will further enhance organizational and R&D efficiency; externally, we will continue to deliver higher-value products and experiences while deepening the synergies between payments and value-added services. We believe these initiatives will further strengthen Yeahka’s long-term profitability and create sustainable value for all stakeholders.”

– End –

About YEAHKA LIMITED (Stock Code: 9923.HK)

Yeahka is a leading payment-based technology platform dedicated to creating value for merchants and consumers. We strive to expand an independent commercial digitalized ecosystem to (i) provide seamless, convenient and reliable payment services to both merchants and consumers through our one-stop payment services; (ii) enable merchants to better manage and drive business growth through our merchant solutions; and (iii) provide consumers with local lifestyle services of great value through our in-store e-commerce services.

For more information, please visit https://www.yeahka.com/

 

View original content:https://www.prnewswire.com/apac/news-releases/yeahka-announces-2026-interim-results-and-declares-first-interim-dividend-since-listing-302861697.html

SOURCE Yeahka

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Sharon AI Expands Executive Leadership Team to Support Next Phase of Growth and Delivery

Published

on

By

NEW YORK, Aug. 27, 2026 /PRNewswire/ — SharonAI Holdings Inc. (NASDAQ: SHAZ) (“Sharon AI” or the “Company”), a leading Australian Neocloud and trusted AI infrastructure partner, today announced an expansion of its executive leadership team to support the Company’s next phase of disciplined growth and delivery.

The expanded structure establishes dedicated executive accountability across Sharon AI’s company-wide operations and AI infrastructure delivery as the Company scales its multi-site, multi-country AI Factory platform.

As part of the leadership expansion:

David Burns has been appointed Chief Operating Officer, with responsibility for the end-to-end delivery and operation of Sharon AI’s expanding AI infrastructure estate.Andrew Leece, Sharon AI’s current Chief Operating Officer and Co-founder, will move into the dedicated role of Head of Strategic Partnerships and Co-founder, providing founder-level sponsorship across the Company’s most important customer, data centre and strategic relationships.

The leadership changes reflect the increasing scale and complexity of Sharon AI’s operations. Responsibilities previously held within broader roles are being assigned to specialist executives, establishing clear accountability while retaining the experience and institutional knowledge of the leaders who have built the business.

“As Sharon AI grows, we are building the specialist leadership capability required to deliver with discipline and at scale,” said James Manning, Chief Executive Officer and Co-founder of Sharon AI.

“These appointments establish clear accountability across operational delivery, infrastructure capacity and strategic partnerships. They strengthen our ability to convert customer commitments and contracted capacity into live AI infrastructure while continuing to build trusted, long-term relationships across our partner ecosystem.

“Andrew has played a central role in building Sharon AI’s operating capability and advancing our AI Factory deployments. As Co-founder, his knowledge of our business, customers and partner ecosystem is invaluable. His new mandate will enable him to focus on the founder-level relationships that are critical to Sharon AI’s long-term success.”

Strengthening operational delivery

As Chief Operating Officer, David Burns will lead the end-to-end delivery and operation of Sharon AI’s multi-site, multi-country AI infrastructure estate.

The role will bring together program management, procurement, the consolidated customer order book and partner-delivered services, with accountability for accelerating the journey from customer order to live operational capacity.

David brings more than 35 years of experience leading and transforming technology, telecommunications and services businesses across Australia, the United States, Europe and Asia. He has held senior executive roles at Telstra and IBM, with responsibility spanning P&L leadership, customer delivery, managed services, infrastructure, transformation and major acquisitions.

Most recently, David served as Group Executive, Telstra Enterprise, where he led the company’s Australian B2B and international portfolio. As COO at Sharon AI, he will lead operational strategy and execution, helping the company scale its AI infrastructure platform with a strong focus on delivery, customer outcomes and financial performance.

David Burns said, “AI is moving at a pace unlike any technology shift I’ve experienced in my career, and the opportunity ahead for Sharon AI is significant. What excites me is the challenge of turning that opportunity into execution – building the operational capability, partnerships and discipline needed to deliver for customers at scale.

“Sharon AI has an ambitious strategy and a strong position in a rapidly evolving market. I’m looking forward to working alongside the team to translate that ambition into outcomes for our customers, partners and shareholders.”

Dedicated founder-level strategic partnerships

In his new role as Head of Strategic Partnerships and Co-founder, Andrew Leece will provide executive sponsorship and long-term continuity across Sharon AI’s priority customer, data centre and strategic relationships.

The dedicated mandate separates long-term relationship stewardship from day-to-day commercial negotiations and operational delivery, enabling Andrew to focus his experience and founder perspective on partnerships that are central to Sharon AI’s growth.

“Sharon AI has reached a point where the scale of our customer commitments, infrastructure pipeline and partner ecosystem requires more specialised leadership,” said Andrew Leece, Co-founder of Sharon AI.

“I am proud of the operating capability we have built and the progress we are making across our AI Factory platform. My new role will allow me to focus on strengthening the strategic relationships that underpin our capacity, delivery and long-term growth, while supporting the expanded leadership team as we move into this next phase.”

The appointments and leadership changes will take effect from 7th September 2026.

About Sharon AI

Sharon AI (NASDAQ: SHAZ) is a leading Australian Neocloud delivering trusted sovereign AI infrastructure. Through its AI Factory platform and world-class ecosystem of technology and co-location partners, Sharon AI expands access to the scalable capabilities organizations need to build, train and run AI, from model training through to inference. Serving customers globally, Sharon AI helps organizations move faster from AI potential to measurable value. For more information, visit www.sharonai.com.

Contacts 

Media
media@sharonai.com

Investors
investors@sharonai.com

Disclosure Information

Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it discloses material non-public information through other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI), press releases, and regulatory filings with the SEC, or through conference calls, webcasts, and investor days, etc. that the company may hold.

Forward-Looking Statements

This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts, and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases, you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:

Service and product offerings;The deployment of assets and expansion of network procurement;Sharon AI’s ability to engage with additional potential customers;Expansion of Sharon AI’s data center footprint and capacity; andThe strengthening of Sharon AI’s partner network.

In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC and other reports subsequently filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov

The forward-looking statements and other information contained in this press release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sharon-ai-expands-executive-leadership-team-to-support-next-phase-of-growth-and-delivery-302861588.html

SOURCE Sharon AI Holdings Inc.

Continue Reading

Technology

Quisitive Deepens Manufacturing Focus in Business Applications with New Leadership

Published

on

By

DALLAS, Aug. 27, 2026 /PRNewswire/ — Quisitive, a global technology consulting firm and Microsoft Frontier Partner, today announced their expanded Manufacturing focus with the addition of multiple long-time industry experts. Quisitive has helped hundreds of manufacturing companies improve their data, infrastructure and business applications over the last decade and is making this investment to address industry-specific client needs. 

Jennifer Johnson, Executive Vice President, Global Business Applications
Jennifer Johnson leads Global Business Applications at Quisitive, and is responsible for strategy, execution, and client services. Before joining Quisitive, she led Avanade’s work with key industrial accounts, Manufacturing Go-to-Market, and its Midwest Dynamics 365 practice. Jennifer spent the first half of her career working in supply chain and manufacturing and participated as a client in the move to Dynamics, providing a wide lens of understanding as a client, implementor, and leader.

Ajit Srivastava, Director, Manufacturing Solutions
Ajit Srivastava has spent his career helping manufacturing organizations modernize business processes and technology platforms. At Quisitive, he partners with clients to drive innovation across operations, supply chain, and business applications, helping them accelerate digital transformation and achieve measurable business outcomes.

Bob Berry, Manufacturing Solution Strategist
Bob Berry brings a background in manufacturing, supply chain, and inventory operations, guiding manufacturing solution strategy, working closely with clients to translate operational pain points into scalable solutions that deliver value. Bob has led global IT organizations and worked on some of the largest Dynamics manufacturing projects as a solution architect and strategist.

Jared Eischen, Manufacturing Solution Strategist
Jared Eischen brings more than two decades of experience helping manufacturers transform operations through ERP, supply chain, and digital technologies. He works closely with clients to align business goals with Microsoft Dynamics 365 and AI-powered solutions that improve efficiency, visibility, and growth with a particular focus on client-facing workstreams and applications.

This investment in manufacturing leadership, augmented by the tremendous capabilities already residing within Quisitive, brings compelling leadership to manufacturing organizations, with the scale and capability to execute a client’s strategic vision.

About Quisitive
Quisitive is a global technology consulting firm helping organizations modernize core systems, activate AI at scale, and make better decisions. With deep specialization in Microsoft Dynamics 365, Azure, and Copilot and 18 Microsoft specializations, Quisitive combines a boutique partnership mindset with global delivery scale to produce measurable outcomes for mid-market and enterprise organizations. Learn more at www.quisitive.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/quisitive-deepens-manufacturing-focus-in-business-applications-with-new-leadership-302860619.html

SOURCE Quisitive

Continue Reading

Technology

PHOSGO Officially Launches World’s First Mass-Produced Solar E-Bike Series on Indiegogo

Published

on

By

Built for camping and multi-day outdoor exploration, the Go5 Series combines up to 200 W of peak solar capacity with up to 140 miles of combined riding before the next plug-in charge, supporting up to three days of outdoor travel under favorable conditions.

SHENZHEN, China, Aug. 27, 2026 /PRNewswire/ — PHOSGO, a pioneering clean-tech mobility brand, today announced the official global launch of its groundbreaking Go5 Solar E-Bike Series on Indiegogo. Designed for camping, long-distance touring, and multi-day outdoor exploration, the Go5 Series addresses one of the biggest limitations of conventional e-bikes: access to reliable charging when riders travel beyond the grid. It represents the world’s first mass-produced solar-powered electric bicycle series built for global consumer markets.

Following the VIP reservation phase, the Go5 Series is now available to backers in eligible countries and regions, with introductory Super Early Bird pricing starting at $1,899.

Redefining Outdoor Mobility: “Ride the Sun”

The name PHOSGO combines the Ancient Greek word “Phôs,” meaning light, with the English word “Go,” representing movement, exploration, and freedom. Together, the name reflects PHOSGO’s vision of turning sunlight into energy for mobility beyond the reach of conventional charging.

For riders traveling through campsites, rural roads, and remote destinations, access to a wall outlet can be limited or unpredictable. PHOSGO integrates proprietary solar panels directly into the wheel structure, allowing the Go5 Series to capture supplemental energy while riding and while parked in sunlight. The result is a mobile, solar-assisted energy system designed to reduce charging stops and extend outdoor journeys.

“Outdoor mobility should not be limited by the location of the next wall outlet,” said John Wang, Founder & CEO of PHOSGO. “The Go5 Series is designed for riders who camp, explore, and travel beyond the grid. By harvesting solar energy during the journey and at camp, it reduces charging anxiety and gives riders greater freedom to go farther.”

Years of Breakthrough Engineering

The official release of the Go5 Series culminates a nine-year research and development journey in advanced photovoltaics. To ensure maximum durability and energy conversion on moving wheels, PHOSGO engineered three core innovations:

Next-Gen Back-Contact (BC) Solar Architecture: The Go5 Series uses BC solar cells with a rated conversion efficiency of over 26%. With all electrical contacts located on the rear of the cells, front-side shading from metal contacts is reduced.Structural Solar Wheel & Conductive Hub Technology: Four wheel-integrated solar panels provide up to 200 W of peak solar capacity. PHOSGO’s proprietary Conductive Hub Technology reliably transfers electricity from the rotating wheels to the e-bike’s electrical system.Dual-Mode Charging Architecture: Managed by an intelligent MPPT solar controller, energy is dynamically allocated – assisting the motor to reduce battery consumption while riding, and automatically recharging the battery when parked under the sun.

Two Models Built for Outdoor Exploration

The Go5 Series is designed first for campers, outdoor travelers, adventure riders, and long-distance explorers, while also providing practical solar-assisted benefits for everyday riding.

PHOSGO Go5 Ultra

Built for demanding terrain and long-distance exploration, the Go5 Ultra is equipped with a premium Bafang M430 mid-drive motor rated at 750 W, delivering up to 150 N•m of torque and speeds of up to 28 mph in the US configuration.

Powered by a 720 Wh battery using LG cells, it offers an estimated base range of up to 90 miles. With solar recovery during a multi-day trip under favorable sunlight and defined riding conditions, the combined riding distance before the next plug-in charge can reach approximately 140 miles, supporting up to three days of outdoor travel.

Gear shifting is handled by an eight-speed Shimano drivetrain with electronic shifting.

PHOSGO Go5 Pro

Designed for weekend camping, day trips, and lighter outdoor exploration, the Go5 Pro features a Bafang M430 mid-drive motor rated at 500 W, delivering up to 140 N•m of torque and speeds of up to 20 mph in the US configuration.

Powered by a 480 Wh battery using LG cells, it offers an estimated base range of up to 60 miles. With solar recovery during a multi-day trip under favorable sunlight and defined riding conditions, the combined riding distance before the next plug-in charge can reach approximately 110 miles, making it well suited to weekend camping and shorter outdoor trips.

Gear changes are seamlessly managed by a durable Shimano 8-speed drivetrain.

From Campsites to Daily Commutes

At a campsite or during an extended outdoor stop, the wheel-integrated Solar Wheel Charging System can continue harvesting energy while the bike is parked in sunlight. On the move, the system supplies supplemental energy that can reduce battery consumption. Together, these modes help outdoor riders spend more time exploring and less time planning around charging locations.

For city riders, the same system can also reduce plug-in charging frequency. Based on a typical 20-mile daily round-trip commute and up to 17 miles of daily solar recovery, the Go5 Pro can enable up to 20 days and the Go5 Ultra up to 30 days of commuting without plugging in under favorable conditions.

The Go5 Series will also be offered in regional configurations. EU versions use compliant 250 W pedal-assist systems with motor assistance limited to 25 km/h. Australian configurations will be supplied in accordance with applicable state and territory regulations.

Both models integrate a full-vehicle CAN bus communication system and smart IoT modules (4G, GPS, Bluetooth).

Through the PHOSGO mobile app, riders can view key battery and ride data, track the bike’s location, and activate an electronic motor lock. The bike’s built-in 4G, GPS, and Bluetooth connectivity also supports anti-theft alerts and connected services.

Official Launch Pricing & Global Availability

The Go5 Series is available for backing in eligible countries and regions starting today with limited-time launch discounts:

PHOSGO Go5 Ultra: MSRP $3,799 | Super Early Bird: $2,499PHOSGO Go5 Pro: MSRP $2,799 | Super Early Bird: $1,899

Both the Go5 Ultra and Go5 Pro will be offered in Step-Over and Step-Through frame styles. For each model, the Step-Over and Step-Through versions are offered at the same price.

To back the campaign or learn more, visit PHOSGO’s Indiegogo page.

About PHOSGO

Before PHOSGO, its founding team built Mangoal, a consumer electronics brand specializing in dash cams and intelligent vision systems. In 2025, Mangoal became the world’s best-selling OEM LOOK Dash Cam brand on Amazon, reflecting the team’s experience in product development, manufacturing, supply chain management, and global customer support.

At the same time, the team spent years researching next-generation solar technologies and exploring how solar energy could become part of everyday life. PHOSGO is the result of these two journeys: proven experience in building successful consumer products and long-term dedication to solar technology. Together, they enabled the team to turn an ambitious idea into the world’s first mass-produced solar e-bike series.

PHOSGO brings together experts in photovoltaic technology, electronics, mechanical engineering, product design, manufacturing, and global business operations. Its founding team includes John Wang, Founder & CEO; Leo Wang, Co-Founder & CPO; Frank Li, Ph.D., Co-Founder & CTO; and Una Tao, Co-Founder & CMO. United by the vision of “A Sun-Powered Life,” PHOSGO is dedicated to advancing sustainable mobility through integrated solar innovation.

Website: www.phosgo.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/phosgo-officially-launches-worlds-first-mass-produced-solar-e-bike-series-on-indiegogo-302859146.html

SOURCE PHOSGO

Continue Reading

Trending