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TGE Accelerates Optimisation of Asset‑Liability Structure

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PARIS, NEW YORK, and LONDON, June 10, 2026 /PRNewswire/ — AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (“AMTD IDEA”) (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Group (“TGE”) (NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., jointly announce that TGE has reduced the gearing of its hotel portfolio through cash settlement of HKD89.5 million (approximately US$11.4 million) loans, further optimising its asset‑liability structure.

This debt reduction reflects the ongoing strategic goal of TGE and the broader AMTD Group to strengthen the balance sheets by ongoing gearing reduction, enhancing asset quality through the acquisition and management of high‑quality hospitality assets, and stepping up overall returns. By focusing on lowering leverage and reinforcing a solid asset base, TGE aims to establish a more resilient corporate platform and deliver sustainable long-term value to shareholders.

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions conglomerate group, connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news. 

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor”provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,””anticipates,” “aims,” “future,” “intends,” “plans,” “believes,””estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com 

For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net 

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media

View original content:https://www.prnewswire.com/news-releases/tge-accelerates-optimisation-of-assetliability-structure-302796745.html

SOURCE AMTD IDEA Group; AMTD Digital Inc.; The Generation Essentials Group

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JOYEE N01 Global Mass Production Launch and First Batch Delivery of 2,000 Overseas Orders Kicks Off

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YANCHENG, China, Nov. 7, 2026 /PRNewswire/ — On October 28, the ceremony for the global mass production launch of the JOYEE N01 and the first batch delivery of 2,000 overseas orders was grandly held at the Yancheng Branch of China FAW. At the event, FAW Bestune delivered the first batch of 500 vehicles to African customers, marking the official entry of the JOYEE N01 into the global market.

As a flagship product, the BESTUNE XIAOMA has earned recognition from nearly 300,000 users since its launch in 2024. Built upon this blockbuster model and refined with a user-centric philosophy, the JOYEE N01 is an upgraded masterpiece — a solid step forward in elevating the user experience with a global vision.

The JOYEE N01 carries forward the adorable design language: rounded body lines paired with a rich array of exterior color options, winning over young families at first glance. All trims come standard with CATL batteries, delivering a maximum range of over 300KM. The four-door design ensures convenient access to the rear seats. In terms of safety, drawing on FAW’s 70-plus years of automotive manufacturing heritage, the vehicle is fully equipped with a high-strength steel body, dual front airbags, and an electronic stability control system. The product is scheduled to roll out in overseas markets one after another in the fourth quarter of 2026.

View original content:https://www.prnewswire.co.uk/news-releases/joyee-n01-global-mass-production-launch-and-first-batch-delivery-of-2-000-overseas-orders-kicks-off-302932578.html

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7th World Media Summit opens in Beijing

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BEIJING, Nov. 7, 2026 /PRNewswire/ — The 7th World Media Summit held its opening ceremony in Beijing on Saturday under the theme “Media in the Intelligent Age: From Consensus to Action.”

Xinhua News Agency and the Beijing municipal government jointly organized this year’s summit, which runs from Thursday to Monday.

It drew nearly 500 representatives from nearly 330 mainstream media outlets, think tanks and government bodies from 112 countries and regions, as well as the United Nations and other international organizations.

Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Publicity Department of the CPC Central Committee, delivered a keynote speech at the opening ceremony.

The World Media Summit was initiated in 2009 and is now a major global platform for media exchange and cooperation. The last summit was held in Urumqi, the capital city of northwest China’s Xinjiang Uygur Autonomous Region, in 2024.

View original content to download multimedia:https://www.prnewswire.com/news-releases/7th-world-media-summit-opens-in-beijing-302932579.html

SOURCE Xinhua News Agency

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Pigeon Showcases Parenting Innovations at CIIE 2026 Under “Boundless Joy of Newborn” Theme

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SHANGHAI, Nov. 7, 2026 /PRNewswire/ — Pigeon, a global leader in baby feeding and care, returned to the China International Import Expo (CIIE) for the fourth consecutive year, showcasing baby care products and research innovations from around the world, together with its latest achievements in product development, smart manufacturing, and sustainability in China.

Bringing Together Global Feeding Expertise to Celebrate the Boundless Joy of Newborn

The joy of welcoming a baby is a feeling families everywhere share. Cultures and ways of living differ from country to country, but the love for a baby is universal.

As a highlight of this year’s exhibition, Pigeon has brought together, for the first time at CIIE, its most popular baby bottles from markets around the world, each bottle carries global newborn blessings, backed by Pigeon’s decades of feeding research. The Lamb Blessings Newborn Bottle Gift Set, inspired by traditional Chinese zodiac, also makes its debut at the show.

Pigeon has also created a dedicated newborn care area, showcasing products and solutions developed for the essential moments of a newborn’s daily routine—from feeding and cleansing to delicate skin care.

Building on Local Innovation and Smart Manufacturing to Support Families Worldwide

With more than two decades of experience in China, Pigeon continues to strengthen its local R&D, manufacturing, and supply chain capabilities. What began with bringing products and advanced technologies from around the world to China has grown into a comprehensive network of local research, product development, and smart manufacturing capabilities.

At this year’s CIIE, the Shanghai Climate Week 2026 Climate Lighthouse White Paper was officially unveiled, with the Green Manufacturing Project at Pigeon’s Shanghai Qingpu factory selected as a model case study. Through the use of clean energy, automated production processes, greater energy efficiency, and the development of more sustainable products, the project is enhancing product quality, manufacturing efficiency, and environmental performance in tandem.

Pigeon is also bringing the benefits of greener manufacturing directly to the products families use every day. The SofTouchⅢ Pure Series feeding bottles, combine science-based feeding, elegant design, and a commitment to reducing carbon emissions. The series reduces its carbon footprint through the use of lower-carbon raw materials and clean energy in production.

Looking ahead, Pigeon aims to bring more insights and innovations developed in China to parents and babies worldwide, sharing the boundless joy of welcoming newborn with families across cultures and borders.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/pigeon-showcases-parenting-innovations-at-ciie-2026-under-boundless-joy-of-newborn-theme-302932570.html

SOURCE Pigeon

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