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WeBank Technology Services Embarks on Global Expansion, Bringing Expertise in FinTech to New Markets

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HONG KONG, Jan. 20, 2025 /PRNewswire/ — On January 16, 2025, WeBank Technology Services (“the Company”) marked a key milestone in its global expansion with its inaugural ceremony in Hong Kong. The event was attended by senior representatives from WeBank and WeBank Technology Services, government officials from Shenzhen and Hong Kong, and international partners. During the ceremony, WeBank Technology Services signed several partnerships, underscoring its technological prowess and expanding global presence.

Among the agreements signed were partnerships with Mega Corp from Indonesia, SCBX from Thailand, Hong Leong Bank from Malaysia, and Fusion Bank from Hong Kong SAR. These agreements, focused on digital banking infrastructure and digital transformation, represent a key step in WeBank Technology Services’ international collaboration efforts and highlight its technical strengths and global influence, offering innovative solutions to clients worldwide.

The launch of WeBank Technology Services is a significant part of WeBank’s strategy to seize global opportunities in digital development. From its Openhive-based core banking system to multiple international recognitions, WeBank has become a leader in the financial technology sector. This solid foundation positions WeBank Technology Services to serve partners worldwide from Hong Kong. The Company’s global expansion enhances WeBank’s leadership in financial technology.

“WeBank Technology Services, supported by Hong Kong’s open business environment, aims to become a hub for technology services delivery, innovation, and sales while remaining committed to advancing the development of the Greater Bay Area,” said Li Nanqing, President of WeBank and Chairman of WeBank Technology Services. “We are also collaborating with local financial partners by offering reliable digital solutions, which supports Chinese companies aiming for international markets and upgrading services and technology.”

As a subsidiary of Shenzhen-based WeBank, WeBank Technology Services is positioned in Hong Kong as the Company’s technology headquarters. This strategic location fosters financial collaboration between Shenzhen and Hong Kong, facilitating financial development and high-quality connectivity in the Greater Bay Area.

A Strong Commitment to Cross-Boundary Collaboration

WeBank Technology Services is already playing a key role in cross-boundary collaborations, contributing to projects like the Shenzhen-Hong Kong Cross-Boundary Data Validation Platform. This platform enables secure, efficient digital solutions for sectors such as finance, education, and healthcare, driving digital transformation across the Greater Bay Area.

For example, the Company worked with a local university to enhance information exchange and compliance verification in education, improving the efficiency of academic cooperation. Additionally, WeBank Technology Services contributed blockchain technology to the Hong Kong Monetary Authority’s Ensemble project, driving innovation in Hong Kong’s tokenized markets.

The Company has also demonstrated its technological capabilities through strategic partnerships with local financial institutions in Hong Kong. One example is its collaboration with Fusion Bank to integrate and upgrade the latter’s core banking systems across five key business areas, including retail deposits, retail loans, corporate deposits, corporate loans and foreign exchange services, leveraging its proprietary Openhive digital banking technology. This significantly reduced Fusion Bank’s IT operating costs while enhancing its digital service capabilities, establishing a benchmark for fintech collaboration in Hong Kong.

Expanding into Global Markets with Strategic Partnerships

With expertise in digital finance, infrastructure solutions, and AI-native technology, WeBank Technology Services is now setting its sights on expanding its fintech innovation globally.

From its base in Hong Kong, WeBank Technology Services has rapidly built an expanding network of international partners, with over 20 enterprises and institutions across regions such as Southeast Asia, Saudi Arabia, and Hong Kong. Notably, the Company has leveraged its proprietary technologies to accelerate digital transformation in Southeast Asia.

In Indonesia, WeBank Technology Services developed a next-generation core banking system for Allo Bank, enhancing its operational flexibility and resilience. By incorporating AI, big data, and cloud computing, the collaboration optimized Allo Bank’s digital services, improving efficiency and reducing costs, while also broadening financial coverage.

Supporting the Overseas Expansion of Chinese Enterprises

In addition to collaborating with international businesses and institutions, WeBank Technology Services also seeks to support the overseas development of Chinese companies. WeBank Technology Services’ proprietary technology systems provide the flexibility and efficiency necessary for industries to thrive in the digital era. The relevant solutions are especially critical as global competition intensifies and economies recover, benefiting industries and businesses around the world.

For instance, as Chinese companies expand into global markets, they often encounter challenges in accessing reliable and efficient local financial services. By partnering with WeBank Technology Services, which offers robust technological capabilities and digital solutions, local financial institutions can better meet the needs of Chinese enterprises operating abroad. This collaboration will further help local institutions address challenges in supply chain finance for enterprises engaged with Chinese companies.

Moving Forward

WeBank Technology Services strives to make Hong Kong a global gateway for its digital infrastructure and international expansion. The Company will continue to play a pivotal role in the development of the Greater Bay Area, driving regional economic growth, and will also work to expand its global reach, forging new partnerships with financial institutions worldwide to provide premium digital services to clients globally.

Leveraging its expertise in digital finance, AI, big data, and blockchain, WeBank Technology Services is committed to leading the digital transformation of the global financial system, delivering safer, smarter, and more efficient services, and fueling the growth of the global digital economy.

About WeBank Technology Services

Launched in Hong Kong in June 2024, WeBank Technology Services sets out to leverage WeBank’s cutting-edge fintech capabilities and digital finance best practice to deliver a variety of superior digital finance and digital infrastructure solutions to digital banks, financial institutions, government agencies, and industry partners worldwide.

About WeBank

Launched in 2014, WeBank Co., Ltd. (“WeBank”) is the first digital bank in China. WeBank provides convenient financial services to micro-, small- and medium-sized enterprises (MSMEs) and the public, and continuously improves the quality of services in response to customers’ specific needs. WeBank ranked No. 1 in The Asian Banker’s Global Top 100 Digital Banks in 2022 and 2023. By June 2024, WeBank has served over 400 million retail customers and 5 million MSMEs.

WeBank focuses on innovation and technology. WeBank has maintained its proportion of technical personnel above 50% since its establishment, while its research and development expenses have accounted for around 10% of its revenue. WeBank is now at the top of the industry in core technologies such as artificial intelligence (AI), blockchain, cloud computing and big data. WeBank leads the industry in core technologies such as artificial intelligence (AI), blockchain, cloud computing, and big data.

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SOURCE WeBank Technology Services

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Knowledge Grid Study Shows the Same AI Model Goes From Wrong to Right When Data Becomes Knowledge

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Findings point to a missing layer in the agentic AI stack: durable knowledge of the environment, built once and kept for every model and agent to use.

SALT LAKE CITY, Oct. 28, 2026 /PRNewswire/ — Knowledge Grid, the company defining the Cognitive Data Layer for AI, today announced a study showing an AI model’s verdict can flip from wrong to right without changing the model.

Enterprises are handing AI agents decisions people once made. Most reason over data with no memory of what is normal, so the agent or model fills the gap with confident but unverified assumptions.

In one example, the study gave the same AI models the same incident and data twice: through a conventional cyber analysis pipeline (SIEM stack) and through the Knowledge Grid Cognitive Data Platform, which contains knowledge of each user’s normal behavior.

On the conventional pipeline, the models misinterpreted a user’s routine work as suspicious; and another model confidently called it potential insider threat activity. In the Knowledge Grid stack, the same models correctly interpreted the user behavior and did not flag it as suspicious. Results held for both frontier and smaller open-weight models.

This knowledge is too valuable to rebuild for every investigation or question. Agents rebuilding it from raw data start from zero. Using Knowledge Grid’s Durable Knowledge Layer, it keeps that knowledge current, so every model and agent starts from what is already known.

“The most dangerous AI answer is the one that sounds right, but isn’t,” said Peter Bybee, founder and CEO of Knowledge Grid. “The same model got the same incident wrong, then right. The difference was the knowledge underneath it, and that knowledge should outlast any one question.”

Knowledge Grid is sharing the methodology and results with analysts and customers and will demonstrate it at VentureBeat’s Agentic Infrastructure Stack Summit on Oct. 28.

About Knowledge Grid

Knowledge Grid builds the Cognitive Data Layer: knowledge infrastructure that turns high-volume temporal data into Persistent Environmental Knowledge that AI, analytics and automation can reason over without reconstructing the environment each time. The KG Cognitive Data Platform is built on Rough Set mathematics developed by the company’s research team in Warsaw, Poland, and is protected by seven issued U.S. patents, with two pending. Knowledge Grid is headquartered in Salt Lake City. Learn more at knowledgegrid.com.

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SOURCE Knowledge Grid

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Greenlane Renewables Announces Renewal of Service Agreements with Major International Energy Company

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~Renewals reinforce strength of Greenlane’s long-standing customer relationship and aftermarket parts and service business~

VANCOUVER, BC, Oct. 28, 2026 /CNW/ — Greenlane Renewables Inc. (“Greenlane” or the “Company”) (TSX: GRN) (FSE: 52G) today announced the renewal of service agreements with a major international energy company for three of its renewable natural gas (“RNG”) producing facilities at dairy farms in the United States. The renewals reinforce the strength of Greenlane’s long-standing relationship with this customer and aftermarket parts and service business.

“The renewed service agreements reflect continued confidence in Greenlane’s products, technical expertise and service capabilities to support the reliable and efficient operation of our customer’s RNG production facilities,” said Brad Douville, CEO of Greenlane. “It is a strong endorsement of the value we continue to deliver to our customers. Our ability to maintain and expand relationships with established customers is an important part of our growth strategy and demonstrates the confidence they place in Greenlane to support their operations over the long term. As our installed base of systems continues to grow, we see meaningful opportunities to further expand our aftermarket parts and service business, generate recurring revenue and strengthen the long-term relationships that underpin our business.”

Greenlane’s aftermarket parts and service business is an important component of the Company’s strategy to expand recurring revenue opportunities and deepen relationships with existing customers. With more than 500 systems sold across 32 countries over its more than 35-year history, Greenlane has an extensive installed base that provides opportunities for ongoing maintenance, replacement parts, technical support and system optimization services.

Greenlane offers maintenance packages designed to meet the varying service requirements of its customers and their biogas upgrading systems. The Company’s service capabilities include preventative maintenance, technical support, troubleshooting and plant performance optimization, helping customers support the reliability, efficiency and long-term performance of their installed systems.

Greenlane’s service offerings include:

24/7 Expert Support: Immediate assistance through our dedicated helpline and remote access capabilities.Proactive Maintenance: Preventative measures, corrective actions, and scheduled site inspections to ensure optimal performance.Media Change-Outs: Provide turnkey H₂S media change-outs to plant locations, saving time and reducing costs. Our experienced team safely and efficiently executes the work to minimize downtime and lower our customers’ operating costs.Spare Parts & Logistics: Priority supply of critical spare parts to minimize downtime.Training & Performance Optimization: Operator training, real-time monitoring, and detailed performance analysis to keep sites running efficiently.

Click HERE for more information on Greenlane services.

About Greenlane Renewables
At Greenlane, we are relentless innovators solving the toughest challenges. At a time when new solutions are urgently needed, we are accelerating the energy transition to a net-zero emissions economy. As a pioneer and leading global specialist in biogas desulfurization and upgrading, we have been actively contributing to the decarbonization of our planet for over 35 years with more than 500 systems sold into 32 countries. The systems we supply transform biogas generated from organic waste into high-value, low-carbon renewable natural gas (“RNG”) for gas networks, transportation and industry from a wide range of sources such as landfills, sugar mills, dairy farms, wastewater, and food waste. Greenlane is transforming energy production through new technology without adding new technology risk, making RNG more accessible and scalable for our customers – all while dramatically reducing carbon emissions. Partner with us, let’s accelerate the energy transition together. For further information, please visit www.greenlanerenewables.com

FORWARD LOOKING INFORMATION – This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as “may”, “is expected”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “can”, “may” or “will” happen. In particular, this news release contains forward looking information relating to expectations regarding the ongoing operations, reliability, efficiency, and long-term performance of the biogas upgrading systems; the expected scope, support, and benefits under the service agreements with an international energy company; the Company’s ability to support customer facilities throughout their operating lives and build or extend long-term customer relationships beyond initial system delivery and commissioning; the ability of Greenlane’s growing installed base to drive future opportunities, expand its aftermarket service business, and develop recurring revenue streams; and the Company’s service capabilities to minimize downtime and lower operating costs for customers. The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believed to be reasonable at the time such statements were made, including market demand for renewable natural gas solutions, continued customer adoption of Greenlane’s parts and service offerings, the continued demand for renewable natural gas solutions and aftermarket support services; the successful ongoing operation and maintenance of the installed biogas upgrading systems; Greenlane’s ability to fulfill its contractual obligations under the service agreements; the Company’s ability to leverage its growing installed base to generate recurring aftermarket revenue and expand customer relationships; and the Company’s ability to execute its aftermarket service strategy. While management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond the Company’s control, could cause actual results to differ materially from the forward-looking information in this press release. Additional risk factors can also be found in the Company’s Management Discussion and Analysis, and its Annual Information Form, all of which have been filed under the Company’s SEDAR+ profile at www.sedarplus.com. Readers are cautioned not to put undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SOURCE Greenlane Renewables Inc.

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Pixelworks to Announce Third Quarter 2026 Financial Results on November 11

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PORTLAND, Ore., Oct. 28, 2026 /PRNewswire/ — Pixelworks, Inc. (NASDAQ: PXLW), a provider of innovative cinematic and enhanced visualization solutions, will release its third quarter 2026 financial results on Wednesday, November 11, 2026, after market close. Todd DeBonis, Chairman and CEO, and Haley Aman, CFO, will host a conference call at 2:00 p.m. Pacific Time to discuss the Company’s quarterly results.

Analysts and investors are invited to join the Company’s conference call using the following information:

Third Quarter 2026 Conference Call
Date: Wednesday, November 11
Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)
Live Webcast Link: Click Here
Dial-in Participation Registration Link: Click Here

Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call by phone. A live and archived audio webcast of the conference call will also be accessible via the Investor Relations section of Pixelworks’ website.

About Pixelworks, Inc.

Pixelworks (NASDAQ: PXLW) is a technology licensing company specializing in cinematic visualization solutions, including industry-leading content creation, delivery and display processing solutions that enable highly authentic viewing experiences with superior visual quality. Pixelworks has more than 20 years of delivering image processing innovation to leading providers of consumer electronics, professional displays and video streaming services.

About TrueCut Motion

TrueCut Motion® is a powerful video platform from Pixelworks that provides filmmakers with a new palette for motion. It enables shot-by-shot motion grading, allowing creators to manage judder, motion blur, and frame rates to achieve a consistent, cinematic look across all screens. For more information on TrueCut Motion, visit: www.truecutmotion.com

Note: Pixelworks, the Pixelworks logo, TrueCut Motion and TrueCut are registered trademarks of Pixelworks, Inc.

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SOURCE Pixelworks, Inc.

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