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NetDragon Partners with Jiuzhou Culture to Establish Joint Venture

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Takes Controlling Stake in AI Harness Business to Advance a Third Growth Engine

HONG KONG, Oct. 19, 2026 /PRNewswire/ — NetDragon Websoft Holdings Limited (“NetDragon” or the “Company”; Hong Kong Stock Code: 0777), a global leader in building internet communities, is pleased to announce that it has entered into a legally binding memorandum of understanding (“MOU”) with Jiuzhou Culture (“Jiuzhou”), a leading AIGC short drama production and distribution company in China, to establish a joint venture (“JV”) in which NetDragon will hold a 51% controlling interest. The partnership will focus on artificial intelligence technologies, AIGC-powered content creation and digital technology services, further expanding NetDragon’s AI application scenarios and commercialisation opportunities while accelerating the development of a new growth engine.

Deepening the Integration of AIGC and Content to Build a Diversified Digital Business Platform

Rapid advances in AIGC are continuing to reshape content creation, digital entertainment and software services. With the ongoing maturation of generative AI, large-scale AI models and AI agents, AI is evolving from a supporting tool into a productivity platform that can enhance the entire value chain, from content creation and production to operations and commercialisation. Through the JV Company, NetDragon and Jiuzhou will combine their complementary strengths in technology, IP, content and industry resources to accelerate the deployment of AIGC across real-world commercial applications.

Under the MOU, Jiuzhou will inject into the JV Company all intellectual property, technologies and assets relating to the AI Harness system business, laying a solid foundation for product development and commercialisation. NetDragon will contribute Hong Kong dollars cash equivalent to RMB 50 million to the JV Company, acquire a 51% shareholding interest and consolidate the JV Company’s financial results. The JV Company will focus on expanding foundational artificial intelligence software, large-scale AI models and the AI Harness system business. It is expected to serve as the first commercial validation platform in China for NetDragon’s “AI ecosystem co-creation” strategy, marking the launch of the Company’s third growth engine and laying the groundwork for the business model to be replicated and scaled across various sectors.

To accelerate the scalable commercialisation of the AI Harness business, the transaction also incorporates a multi-tiered, progressive performance-based incentive warrant scheme. NetDragon will issue 25 million unlisted warrants to Jiuzhou at an issue price of HK$0.10 per warrant share, to be granted in three tranches with initial exercise prices of HK$10, HK$12 and HK$15, respectively. The warrants will only become exercisable upon achievement of specified key performance indicators by the JV Company. Assuming full exercise of all warrants at the initial exercise prices, NetDragon will receive aggregate gross proceeds of approximately HK$314 million, which will supplement the Company’s development capital while achieving deep alignment of interests and shared equity upside with its strategic partner. 

Strengthening AI Ecosystem Synergies to Drive a Third Growth Engine

As generative AI becomes increasingly integrated into content production, digital services and global operations, NetDragon and Jiuzhou will take this collaboration as a new starting point to fully leverage their complementary strengths and accelerate the commercialisation of AI capabilities, translating technological innovation into tangible business value. In recent years, NetDragon has continued to advance its AI strategy across AI+gaming, AI+education and enterprise intelligence, while actively exploring emerging AI businesses with the potential to establish independent commercial models. Jiuzhou, meanwhile, has built deep expertise in micro-dramas and digital content, with an integrated value chain spanning copyright operations, content creation, co-production, paid distribution and official distribution. It has also continued to expand the use of AIGC across content production, creation and operations. The two parties will further explore the deep integration of AI technology with the content industry, accelerating the implementation of AI capabilities in scenarios such as content generation, AI model applications, translation and localisation, platform operations, and enterprise technology services, to build scalable and sustainable business models.

Following the launch of the MOYU AI platform in August 2026, NetDragon’s investment and controlling stake in the AI Harness business marks another important step in increasing resource allocation to its AI business and broadening its long-term growth pathways. The performance-linked equity incentive collaboration with Jiuzhou is expected to establish a new model of strategic collaboration for NetDragon, enabling the Company and its partners to grow the business together and share in the value created. Looking ahead, NetDragon will remain focused on its core AI business, deepen technological innovation and resource integration, and leverage its established strengths in gaming and education alongside the emerging growth engine of AI ecosystem co-creation. Under this three-pronged strategy, the Company aims to continuously strengthen its core competitiveness, enhance long-term investment value, and deliver sustainable returns to shareholders.

About NetDragon Websoft Holdings Limited

NetDragon Websoft Holdings Limited (HKSE: 777) is a global leader in building internet communities, with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users. Over the desktop and mobile internet eras, NetDragon previously established China’s first online gaming portal, 17173.com, and China’s most influential smartphone app store platform, 91 Wireless.   

Established in 1999, NetDragon is one of the most reputable and well-known digital entertainment IP developers and operators in China with a history of successful flagship game titles deeply welcomed by users both at home and abroad. For more than a decade, NetDragon has also achieved success with its EdTech business both domestically and globally. Fully embracing the new AI era, NetDragon is driving its vision of “Infinite Growth” through AI-enabled digital entertainment and online learning, whilst building a systematic AI product methodology to create value growth.

NetDragon’s overseas edtech business entity, currently a U.S.-listed subsidiary named Mynd.ai, is a global leader in interactive technology and its award-winning interactive displays and software can be found in more than 2 million learning and training spaces across 126 countries. 

About Jiuzhou Culture

Founded in 2021, Jiuzhou is a leading player in the online micro-drama industry, with an integrated business model spanning copyright operations, content creation, co-production, paid distribution and official distribution. The company has established a comprehensive, end-to-end content ecosystem designed to enhance operational efficiency and unlock synergies across the value chain. Embracing technological innovation, Jiuzhou actively integrates cutting-edge technologies such as AIGC to enhance content quality and creative capabilities. Its self-developed Moss tool has accelerated AI adoption across the entire value chain, leveraging technology to advance the development of the global short drama ecosystem.

In terms of content creation, Jiuzhou has accumulated the rights to more than 4,000 short dramas and has successfully distributed over 1,000 productions. Its portfolio spans more than 20 popular genres, including contemporary drama, romance, campus life, fantasy, suspense and historical fiction, catering to the diverse entertainment preferences of audiences in China and worldwide. By combining paid content, free-to-view short dramas and international expansion, Jiuzhou has developed a distinctive business ecosystem that strengthens its competitive position and drives continued innovation in the micro-drama industry.

Internationally, the company leverages its strengths in content production, audience reach and distribution networks to bring Chinese micro-dramas to global audiences while tailoring its offerings to local tastes and cultural preferences. Its flagship international platform, ShortMax, focuses primarily on North American and European markets, offering a wide selection of localized Chinese dramas and original productions. ShortMax is now available in more than 200 countries and regions worldwide, having achieved peak monthly active users (MAU) of over 30 million, more than 90 million cumulative registered users and 200 million downloads.

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SOURCE NetDragon Websoft Holdings Limited

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LendingTree, Inc. to Report Third Quarter 2026 Earnings on November 3, 2026

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CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ — LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation’s leading online financial services marketplace, today announced that it will release fiscal third quarter 2026 results after market close on Tuesday, November 3, 2026.  The company will also post a letter to shareholders on the Company’s website at investors.lendingtree.com.

The Company will hold its earnings conference call at 4:30 p.m. ET to discuss the release, which will be simultaneously webcast via the Company’s website at investors.lendingtree.com.  The webcast replay will be available following the event.

About LendingTree, Inc.

LendingTree, Inc. is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, “LendingTree”).

LendingTree (NASDAQ: TREE) is one of the nation’s largest, most experienced online financial platforms, created to give consumers the power to win financially.  LendingTree provides customers with access to the best offers on loans, credit cards, insurance and more through its network of over 770 financial partners.  Since its founding, LendingTree has helped millions of customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of innovative products and tools and personalized financial recommendations, LendingTree helps customers achieve everyday financial wins.

LendingTree, Inc. is headquartered in Charlotte, NC. For more information, please visit www.lendingtree.com.

INVESTOR RELATIONS:
investors@lendingtree.com

MEDIA RELATIONS:
press@lendingtree.com

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SOURCE LendingTree, Inc.

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Hagerty to Report Third Quarter 2026 Results and Host Conference Call on Tuesday, November 3, 2026

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TRAVERSE CITY, Mich., Oct. 20, 2026 /PRNewswire/ — Hagerty, Inc. (NYSE: HGTY), a business that makes it easier and more enjoyable to be a driving enthusiast, today announced it will report its third quarter 2026 financial results before the market opens on Tuesday, November 3, 2026.

Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty’s investor relations website at investor.hagerty.com. To dial-in for the conference call, please register using the link found here to receive your unique dial-in and PIN.

A webcast replay of the call will be available at investor.hagerty.com following the call.

About Hagerty, Inc. (NYSE: HGTY)
Hagerty is a company built by drivers for drivers, protecting 3.0 million vehicles in the United States, Canada and the UK. We make it easier and more enjoyable for enthusiasts to drive and celebrate the machines they love through innovative insurance products, live and digital auctions, engaging media and events, and the Hagerty Drivers Club, the world’s largest membership community of car lovers.

For more information, please visit www.hagerty.com or www.newsroom.hagerty.com. 

Category: Financial

Source: Hagerty

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SOURCE Hagerty

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Data Center Air Filtration Market to Reach USD 1.19 Billion by 2035 as Replacement Filters and Gas-Phase Media Drive Recurring Spend – DC Market Insights

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Market grows at an 8.59% CAGR from USD 520.20 million in 2025; replacement filters hold 78.3% of spending and gas-phase filtration grows fastest at 11.16% a year

LONDON, Oct. 20, 2026 /PRNewswire/ — The “Data Center Air Filtration Market – Growth, Share, Opportunities & Competitive Analysis, 2026-2035” report has been added to the DC Market Insights offering. The global Data Center Air Filtration Market was valued at USD 520.20 million in 2025, is estimated at USD 589.74 million in 2026, and is projected to reach USD 1.19 billion by 2035, growing at a CAGR of 8.59% from 2025 to 2035. DC Market Insights finds that this is primarily a recurring consumables market: replacement filters and media account for 78.3% of 2025 value, while liquid cooling slows first-fit demand by moving more AI rack heat away from the room air path.

Data Center Air Filtration Market at a Glance

Metric

Value (DC Market Insights estimate)

Market size, 2020

USD 314.90 million

Market size, 2025 (base year)

USD 520.20 million

Market size, 2026

USD 589.74 million (+13.4% year on year)

Market size, 2030

USD 843.18 million

Market size, 2035

USD 1.19 billion

CAGR 2025-2035

8.59% (low case 7.55%, high case 9.78%)

Largest filter type

Fine filters, 38.0% of 2025 value

Fastest-growing filter type

Gas-phase filtration, 11.16% CAGR

Leading region

North America, 39.0% (USD 202.87 million)

Fastest-growing region

Middle East and Africa, 12.13% CAGR

Market leader

Camfil, about 15% of 2025 value

Key Takeaways

USD 407.26 million, or 78.3% of 2025 value, is replacement spending because filters on the installed air-handled base are changed one to two times a year.The fleet-average filter bill is about USD 3,600 per MW of air-handled IT load a year in 2025.Gas-phase filtration grows 11.16% a year as operators manage corrosive gases and ASHRAE G1 limits in polluted and industrial hubs.Outside-air economizer intakes account for 27.0% of 2025 value and grow 10.10% a year as more sites use free-air cooling.Liquid cooling restrains first-fit demand: new-build first-fit filters grow 5.48% a year while replacement filters and media grow 9.33%.

Scope & Segmentation – Data Center Air Filtration Market

The report analyzes the market across the following segments:

Filter Type: Pre-Filters; Fine Filters; HEPA and EPA Filters; Gas-Phase Filtration; Housings, Frames and Pressure MonitoringApplication: CRAH/CRAC and Fan-Wall Recirculation; Outside-Air Economizer Intakes; Make-Up Air and Pressurization Units; Generator, Battery and Electrical RoomsPurchase Type: First-Fit with New Builds; Replacement Filters and MediaData Center Type: Hyperscale and AI Cloud Data Centers; Colocation Data Centers; Enterprise and Edge Data CentersGeography: North America; Europe; Asia Pacific; Latin America; Middle East and Africa, with 12 country forecasts

Report Updated: Oct. 20, 2026

Get Free Sample Report – Data Center Air Filtration Market

“Data center air filtration is increasingly an installed-base business. Liquid cooling reduces the air path in new AI halls, but hundreds of gigawatts of air-handled capacity still need recurring filter changes, and polluted or corrosive locations require more expensive fine and gas-phase media. That makes replacement contracts, pressure monitoring and chemical filtration the most defensible growth pools through 2035.”

— Amit Jain, Senior Consultant, ICT & Emerging Technologies, DC Market Insights, report author

Why This Report Matters

Air filtration sits at the intersection of equipment reliability, free-air cooling efficiency and contamination control. The report helps filter manufacturers, cooling vendors, data center operators, hyperscalers, colocation providers and investors size first-fit and replacement demand, compare filter classes and identify geographies where dust, smoke and corrosive gases raise lifecycle spending.

Key Attributes

Report attribute

Details

Historical Period

2020-2024

Base Year

2025

Forecast Period

2026-2035

Market Size 2025

USD 520.20 million

Market Size 2026

USD 589.74 million (+13.4% year on year)

Market Size 2035

USD 1.19 billion

CAGR 2025-2035

8.59% (low case 7.55%, high case 9.78%)

Leading Region

North America, 39.0% (USD 202.87 million)

Report Format

PDF + Excel

How Big Is the Data Center Air Filtration Market in 2026?

DC Market Insights values the Data Center Air Filtration Market at USD 589.74 million in 2026, 13.4% above 2025, as new capacity receives first-fit filters and the air-handled installed base continues to expand. The market remains tied more closely to replacement cycles than to new construction alone.

Year

Market size

2020

USD 314.90 million

2025

USD 520.20 million

2026

USD 589.74 million (+13.4% year on year)

2030

USD 843.18 million

2035F

USD 1.19 billion

Source: DC Market Insights, Data Center Air Filtration Market report, Oct. 20, 2026.

Why Does Replacement Spending Outgrow First-Fit Demand?

Liquid cooling removes a growing share of AI rack heat from the room air path, which limits the volume of first-fit filters required per new megawatt. Replacement demand behaves differently: existing air-cooled and hybrid halls continue to change pre-filters, fine filters and gas-phase media according to pressure drop, contamination and operating conditions. DC Market Insights therefore models replacement filters and media growing 9.33% a year, compared with 5.48% for first fit.

Which Filter Type Leads Data Center Air Filtration Spending?

Fine filters lead 2025 spending with 38.0% of market value, while gas-phase filtration grows fastest as operators manage sulfur dioxide, hydrogen sulfide and other corrosive contaminants around industrial and urban locations.

Filter type

2025 value

Share 2025

2035 value

CAGR

Pre-Filters

USD 109.24M

21.0 %

USD 213.46M

6.93 %

Fine Filters

USD 197.68M

38.0 %

USD 438.80M

8.30 %

HEPA and EPA Filters

USD 26.01M

5.0 %

USD 59.30M

8.59 %

Gas-Phase Filtration

USD 98.84M

19.0 %

USD 284.63M

11.16 %

Housings / Monitoring

USD 88.43M

17.0 %

USD 189.75M

7.93 %

DC Exclusive: The 1 MW Filter Change-Out Ledger

DC Market Insights estimates a 2025 fleet-average replacement bill of about USD 3,600 per MW of air-handled IT load a year. The model combines airflow, filter-face count, filter prices and change frequency across recirculation, outside-air intake, make-up air, gas-phase media and electrical-room applications. This ledger explains why the installed base, rather than only the annual build cohort, drives long-term revenue.

Metric

2025 estimate

Replacement filter bill per air-handled MW

USD 3,600/year

First-fit bill per new air-handled MW

USD 11,000

Replacement share of market

78.3 %

Air-handled load

113.1 GW

Which Region Leads the Data Center Air Filtration Market?

North America leads with 39.0% of 2025 value, while the Middle East and Africa grows fastest at 12.13% a year as desert dust and harsh ambient conditions shorten filter life on new Gulf campuses. The United States is the largest country market, while India grows rapidly because dust and corrosive gases increase the need for fine and chemical media.

Indicator

2025 / Base

Outlook

Leading region

North America, 39.0% (USD 202.87 million)

Largest regional spending pool through the forecast

Fastest-growing region

Middle East and Africa, 12.13% CAGR

Dust-intensive Gulf campuses accelerate replacement demand

Largest country

United States, USD 189.34M in 2025

Remains the largest national market

How Could the 2035 Forecast Change?

The 2035 outcome depends on how much AI heat remains on the air side and how quickly filter prices and specification levels rise. The base case assumes liquid-cooled megawatts still send part of their heat to room air and replacement costs continue to increase.

Scenario

Assumption

2035 value

CAGR 2025-2035

Low

Lower air-side heat share and slower replacement inflation

USD 1.08B

7.55 %

Base

15% air-side heat share in mature liquid-cooled halls

USD 1.19B

8.59 %

High

Higher air-side heat share and wider MERV 13 / gas-phase adoption

USD 1.32B

9.78 %

Competitive Landscape and Recent Developments

The top five suppliers account for about half of 2025 value. Competition centers on particulate efficiency, pressure drop, molecular contamination control, replacement logistics and the ability to serve hyperscale customers across multiple regions.

Companies profiled include:

Camfil; AAF International (Daikin Industries); Parker Hannifin (Filtration Group and Purafil); Freudenberg Filtration Technologies; MANN+HUMMEL; Donaldson Company; Ahlstrom.

In September 2025, Camfil opened a HEPA and ULPA filter line at its Manesar plant in India.In November 2025, Parker Hannifin agreed to acquire Filtration Group, including Purafil, for USD 9.25 billion in cash.In November 2025, AAF International launched its AstroSorb molecular filter line in the United States.In March 2026, Camfil acquired Bioconservación (Bion) of Spain to expand molecular contamination control.In May 2026, Donaldson completed its acquisition of Facet Filtration and Camfil broke ground on a 14,400-square-metre expansion in Malaysia.In August 2026, Parker completed the Filtration Group acquisition, expected to add about USD 1.8 billion to fiscal 2027 sales.

Frequently Asked Questions

What is the size of the Data Center Air Filtration Market?

USD 520.20 million in 2025 and USD 589.74 million in 2026, projected to reach USD 1.19 billion by 2035 at an 8.59% CAGR.

Which filter type leads the market?

Fine filters, including bag and rigid box filters, with 38.0% of 2025 value.

Which segment grows fastest?

Gas-phase chemical filtration, at 11.16% a year through 2035.

Why is replacement spending so important?

Filters on the installed air-handled base are replaced repeatedly, giving replacement filters and media 78.3% of 2025 value.

Which region leads?

North America with 39.0% of 2025 value; the Middle East and Africa grows fastest at 12.13% a year.

Who are the leading suppliers?

Camfil, AAF International, Parker Hannifin, Freudenberg Filtration Technologies and MANN+HUMMEL are among the leading suppliers.

Methodology

DC Market Insights builds the market bottom-up from air-handled installed IT load, annual new capacity, filter faces per MW, replacement frequency, public filter price anchors and application mix. The model is checked against an all-air ceiling, supplier sales and a MERV 8 replacement floor before regional and segment splits are reconciled.

Download Sample Report – Data Center Air Filtration Market

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Data Center Thermal Management MarketData Center Precision Air Conditioning MarketData Center Cooling MarketData Center Liquid Cooling MarketData Center Cooling Tower Market

DC Market Insights Data & Tools

Explore live datasets and decision tools used across DC Market Insights research:

Data Center Database 

Data Centers 

Data Centers Operators 

Global Data Center Capacity 

Deal Tracker 

Power Policy 

Data Center PUE Calculator 

Data Center Construction Pipeline 

Data Center Transaction Comps 

Data Center Site Risk 

Data Center Electricity Rates 

Data Center Footprint 

About DC Market Insights

DC Market Insights is a dedicated research and consulting firm that empowers data center leaders with actionable intelligence. We combine rigorous market research, advanced analytics and practical advisory support to help organizations make confident decisions in an increasingly complex digital infrastructure landscape. Our goal is to transform data into clarity, giving clients the ability to act decisively on strategy, investment and execution.

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DC Market Insights

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Email: sales@dcmarketinsights.com 

United States: +1 628 262 7656

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Web: www.dcmarketinsights.com 

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