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SuperX Secures First Batch of 128 Units of NVIDIA B300 AI Server Purchase Order from Ezisight, Marking Its Official Entry into the Australian Market

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SINGAPORE, Aug. 28, 2026 /PRNewswire/ — SuperX AI Technology Limited (NASDAQ: SUPX, “SuperX” or the “Company”), a Nasdaq‑listed full‑stack AI infrastructure solutions provider, today announced that its subsidiary SuperX Microinference Pte Ltd (“Microinference”) has signed an equipment and services supply agreement and has received the initial purchase order under the agreement from Australian compute service provider Ezisight Australia Pty Ltd. (“Ezisight”), trading under Ultimate AI Datacentre. The order covers the supply of 128 units of NVIDIA B300 AI server clusters. This long-term cooperation and initial order mark a substantive business breakthrough for SuperX in the Australian market and represents another key milestone in the Company’s Asia‑Pacific business expansion.

Pursuant to the terms of the purchase order, the NVIDIA B300 AI servers are scheduled for delivery in the fourth quarter of 2026 and will be deployed in local Australian data centers to expand Ezisight’s domestic GPU compute resource pool, supporting growing local workloads for large‑model training and AI inference.

NVIDIA B300 Compute Deployment in Australia: Long-Term Cooperation Bolsters SuperX’s Next-Generation AI Compute Footprint

With the widespread adoption of generative AI and large‑model applications, global AI infrastructure is undergoing a continuous cycle of capacity expansion and upgrading. The Asia‑Pacific region, as a high‑growth hub for the AI industry, has seen sustained demand for server products featuring high compute density and high reliability. This long-term equipment and services cooperation together with the initial NVIDIA B300 server cluster order further validates SuperX’s ability to keep pace with next‑generation GPU technology iterations and rapidly commercialize its products.

Australia’s AI industry is in a phase of rapid development, with domestic enterprises and research institutions facing a widening gap in high‑performance GPU compute capacity. The NVIDIA B300 servers to be delivered under this long-term framework and initial order are expected to significantly enhance Ezisight’s compute supply capacity, enabling it to address diverse local AI compute requirements and contribute to the development of Australia’s domestic AI compute ecosystem.

Australia as A Key Strategic Market for SuperX’s Asia‑Pacific Expansion

Australia is a priority market in SuperX’s global expansion strategy for the Asia‑Pacific region. Driven by the robust growth of the domestic AI industry, market demand for stable and elastically scalable AI infrastructure continues to rise. Concurrently, Australian authorities have introduced multiple policies guiding data center operators toward greener and more sustainable operations, creating significant market demand for compute infrastructure that combines high performance with environmental sustainability.

This long-term supply agreement together with the initial purchase order from Ezisight serves as a landmark project for SuperX’s official entry into the Australian market. Through fulfilling this project, the Company will accumulate hands‑on experience in project implementation, supply chain coordination, and localized service delivery in Australia. Beyond expanding SuperX’s customer base across Oceania, this order lays a solid foundation for the Company’s deeper penetration into the Australian and surrounding regional AI infrastructure markets.

Going forward, SuperX intends to further strengthen its presence in Australia and other high‑potential Asia‑Pacific markets by providing full‑stack AI infrastructure products and solutions to meet the region’s growing industrial compute demand. Based on this cooperation, both parties will jointly assess potential opportunities for future capacity expansion procurement and localized technical collaboration.

Evolving from standalone server hardware toward full‑stack AI infrastructure, SuperX continues to enhance its comprehensive capabilities spanning hardware products, liquid‑cooling and power‑supply solutions, and end‑to‑end data center delivery. The Company will continue to track technological advances in next‑generation GPUs and AI computing, iterate its products and solutions, and improve its overseas localized delivery and service systems. Through these efforts, SuperX aims to capture long‑term growth opportunities arising from AI infrastructure build‑outs in Asia‑Pacific and globally, and to further expand its market presence in the global AI compute industrial chain.

About SuperX AI Technology Limited (NASDAQ: SUPX)

SuperX AI Technology Limited is an AI infrastructure solutions provider, offering a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The Company’s services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, 800 Volts Direct Current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, the Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit www.superx.sg

About Ezisight Australia Pty Ltd.

Ezisight is an Australian‑based provider of green AI infrastructure and GPU‑as‑a‑Service. Trading as Ultimate AI Datacentre (www.ultimateaidc.net), it focused on building and operating modular edge supercomputing facilities, it delivers compute for large‑model training and inference to local enterprises and research institutions with behind‑the‑meter renewable‑energy and water‑positive cooling technology. Its business footprint covers Asia‑Pacific and Africa, with a proven track‑record in AI‑compute project delivery and industry‑academia collaboration.

Safe Harbor Statement

This press release may contain forward‑looking statements. In addition, we or our representatives may from time to time make forward‑looking statements orally or in writing. These forward‑looking statements are based on our expectations and projections about future events derived from information currently available to us. You can identify forward‑looking statements by their non‑historical nature, particularly by terms such as “may”, “should”, “expects”, “anticipates”, “estimates”, “believes”, “plans”, “projects”, “potential”, or “hopes” and their negatives or similar expressions. In evaluating these forward‑looking statements, you should consider various factors including: our ability to redirect the Company; our ability to keep pace with new technologies and changing market demands; and the competitive environment of our business. These and other factors may cause actual results to differ materially from any forward‑looking statements.

Forward‑looking statements are only predictions. Readers are cautioned not to place undue reliance on these forward‑looking statements. The forward‑looking events discussed in this press release (including delivery timelines, capacity, order value, counterparty performance risks, potential future capacity expansion and business‑collaboration opportunities, and other statements made by us or our representatives from time to time) may not occur, and actual circumstances and results may differ materially. Actual delivery timelines and values for AI servers may vary subject to customer data‑center readiness and supply‑chain conditions. We undertake no obligation to publicly update or revise any forward‑looking statements whether as a result of new information, future events or otherwise.

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TCL Electronics (01070.HK) Delivers Strong Growth in 2026 Interim Results

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Adjusted Profit Attributable to Owners of the Parent Surges by 54.3% YoY to HK$1.64 Billion

Acquisition of TCL Air Conditioning Business to Advance All-Category Smart Device Layout

Results and Operational Highlights

Leveraging the strategy of “Globalisation” and “Premiumisation”, TCL sustained strong growth momentum in operational performance. In the first half of 2026, revenue increased by 16.4% year-on-year (“YoY”) to HK$63.76 billion, adjusted profit attributable to owners of the parent increased by 54.3% YoY to HK$1.64 billion.

TV business: In the first half of 2026, overall revenue from the TV business increased by 24.3% to HK$35.25 billion YoY and TCL TV ranked 2nd globally by shipment[1], of which global shipment of Mini LED TV increased by 77.1%, with shipment remaining No. 1 globally[2]. International markets are still the core growth driver of the Company. Gross profit in international markets increased by 70.6% YoY to HK$4.82 billion.

Internet business: In the first half of 2026, revenue from the internet business increased by 16.1% to HK$1.69 billion YoY, while gross profit amounted to HK$1.03 billion, increased by 30.4% YoY. Among these, the high-margin international internet business recorded a YoY growth of 74.6% in revenue, accounting for over 50% of total revenue and driving the overall gross profit margin up to 61.1%, with profitability continuing to improve.

Innovative business: In the first half of 2026, innovative business maintained steady development with revenue grew YoY by 2.5% to HK$20.37 billion.

Strategic acquisition: TCL Electronics announced the proposed acquisition of TCL Industries Holdings’ air-conditioning-related business. The acquisition aims to advance its “all-category smart device” layout strategy and further expand the Company’s revenue and profitability.

HONG KONG, Aug. 28, 2026 /PRNewswire/ — TCL Electronics Holdings Limited (“TCL Electronics” or the “Company”, 01070.HK) today announced its unaudited interim results for the six months ended 30 June 2026. Benefitting from the effective implementation of its strategies of deepening global channel penetration and upgrading its mid-to-high-end product portfolio, the Company recorded a 16.4% increase YoY in revenue to HK$63.76 billion. The increase in  shipment from Mini LED and large-sized products drove a notable improvement in overall  ASP, while gross profit recorded YoY increase of 30.3% to HK$10.90 billion.

Meanwhile, the Company continued to deepen refined operations across the entire value chain and optimise resource allocation efficiency, achieving effective cost and expense control, with overall expense[3] ratio at 11.7% during the reporting period. Bolstered by improved operating efficiency driven by AI and digital tools as well as economies of scale, the Company’s profitability continued to improve, with profit after tax recording a YoY growth of 54.4% to HK$1.62 billion and adjusted profit attributable to owners of the parent recording a YoY growth of 54.3% to HK$1.64 billion during the period. In the first half of 2026, the Company’s annualised return on equity increased by 4.2 p.p. YoY to 16.5%, maintaining a sound financial position. TCL ranked 12th in Gartner’s 2026 Asia-Pacific Supply Chain Top 15, fully demonstrating the comprehensive strength and international competitiveness of the Group’s supply chain system.

In terms of strategic development, on 31 March 2026, the Company entered into a transaction framework agreement with Sony in relation to the home entertainment sector through establishing a joint venture. Both parties will integrate their respective strengths in technologies, branding and supply chains to jointly build a new global home entertainment ecosystem, providing strategic support for expansion into the mid-to-high-end market.

In terms of the capital market, the Company is included for the first time in major indices including the “Hang Seng Composite Large-Cap & Mid-Cap Index” and the “Hang Seng SCHK Electronics Theme Index”. Meanwhile, the Company received investment-grade ratings from three international credit rating agencies, Moody’s, S&P Global Ratings and Fitch Ratings for the first time, demonstrating the international capital market recognition of the Company’s operating performance, profitability and risk management capabilities.

Premiumisation and Larger-Screen Upgrades Drive Strong Performance of Display Business in International Markets

In the first half of 2026, the Company’s TV business outperformed the industry, supported by its strong product competitiveness and global channel advantages. During the reporting period, revenue from the Company’s TV business amounted to HK$35.25 billion, representing a YoY increase of 24.3%; gross profit reached HK$6.79 billion, up 50.5% YoY; and gross profit margin increased by 3.4 p.p. YoY to 19.3%. In the first half of 2026, TCL TV’s global shipment market share reached 14.9%, up 0.7 p.p. YoY, maintaining its No.2 position globally. Its global sales revenue market share reached 13.4%, ranking among the top three globally[4]. Global shipment of Mini LED TVs, upgraded with SQD technology as their core, reached 2.43 million units, representing a YoY increase of 77.1%. Global shipment market share maintained No.1[5]. This further expanded the Company’s premium product portfolio and validated the effectiveness of the Company’s mid-to-high-end transformation and its global operating capabilities.

In terms of international markets, supported by the continued implementation of the mid-to-high-end strategy and targeted brand marketing, TCL TV’s revenue reached HK$25.44 billion, representing a YoY increase of 29.6% and accounting for as much as 72.2% of TCL TV’s total revenue. Gross profit increased by 70.6% YoY to HK$4.82 billion. The gross profit margin increased by 4.5 p.p. to 18.9%. In Europe, the penetration rate in key sales channels increased to 75%, driving revenue in the European market up by 17.2% YoY. In North America, revenue and ASP increased by 26.3% and over 18% YoY, respectively, driven by an improved product mix and a focus on mid- to high-end products. Driven by the on-going deepening of localised operations, revenue from emerging markets increased by 37.3% YoY, significantly outperforming the overall markets.

In PRC market, the Company outperformed the industry with its product competitiveness. Revenue increased by 12.5% YoY to HK$9.81 billion, while gross profit rose by 17.0% YoY to HK$1.98 billion in the first half of 2026. The shipment market share of Mini LED TV remained No. 1[6] in the industry, demonstrating strong operating resilience.

The Company’s small- and-medium-sized display business has been deeply engaged in the channels of leading network operators in Europe and the United States (“U.S.”). In the first half of 2026, revenue increased by 27.4% YoY to HK$5.81 billion, while gross profit increased by 31.6% YoY to HK$0.83 billion. The smart commercial display business leveraged the TV business’s globally leading resource advantages. In the first half of 2026, revenue increased by 23.2% YoY to HK$0.62 billion, while gross profit increased by 32.0% YoY to HK$0.07 billion.

Internet Business Sustains Strong Growth Momentum, Cumulative Users of TCL Channel Platform Reached Record High

In the first half of 2026, revenue from the Company’s internet business amounted to HK$1.69 billion, representing a YoY increase of 16.1%, while gross profit amounted to HK$1.03 billion, increasing YoY by 30.4%. Among these, the high-margin international internet business recorded YoY growth of 74.6% in revenue, accounted for over 50% of total revenue and drove the overall gross profit margin up to 61.1%, profitability continues to improve.

Leveraging the scale advantages of its TV end-products and asset-light operating model, the Company’s internet business deepened its cooperation with global internet giants including Google, Roku and Netflix. TCL Channel platform continued to enrich its content ecosystem, adding more than 110 local channels in the U.S., Brazil and France, viewing time for live-streaming content increased by 131% YoY. Its video-on-demand business launched more than 4,400 content items, with viewing time increasing by 106% YoY. At the end of June 2026, cumulative users of the platform exceeded 53.59 million, while total average daily usage time in Europe, North America and Latin America increased by 95% YoY. The increase in both user scale and engagement further strengthens the foundation for business monetisation.

Steady Growth in Photovoltaic Business, with TCL AiMe AI Companion Robot Pioneering a New Blue Ocean in Consumer Electronics Market

In terms of innovative business, the photovoltaic business maintained its “relatively asset-light” positioning, optimised its business structure, focused on profitability, and expanded into core markets with strong power absorption capacity, high electricity prices and stable returns. The international markets continued to focus on core European countries, leveraging the synergies between SunPower’s brand influence and TCL’s global channel resources to accelerate the product deployment and business expansion of its “integrated energy solutions for photovoltaics, energy storage and heating”. During the first half of 2026, revenue steadily increased by 2.3% YoY to HK$11.39 billion.

Capitalising on market opportunities arising from the convergence of AI and IoT, the Company launched TCL AiMe in August 2026. Designed to provide emotional companionship in home scenarios, TCL AiMe is the world’s first companion robot, featuring a modular design, human-like facial-expression interaction and whole-home voice collaboration. TCL AiMe is officially launched in August 2026 and is expected to open up a new blue ocean in the consumer electronics sector.

Acquisition of TCL Air Conditioning Business to Advance All-Category Smart Device Layout

On 15 July 2026, the Company announced its proposed acquisition of the business of TCL air conditioner for a total consideration of HK$5.61 billion. Subject to the fulfilment of the conditions precedent, the transaction is expected to be completed in the fourth quarter of 2026 and subsequently consolidated into the Company’s financial statements. The global HVAC market offers substantial growth potential, driven by multiple factors including the increasing prevalence of extreme weather, rising penetration rates in emerging markets and demand for energy-efficiency upgrades. Upon completion of the transaction, the acquisition is expected to effectively strengthen the Company’s earnings base. The Company will leverage its mature global sales network and localised operating capabilities to unlock synergies across globalisation, branding and supply chains for a valuation re-rating, and continue to enhance returns for shareholders.

Looking ahead, the Company will continue to consolidate its global business foundation, implement a clear premiumisation development path, strengthening the profit contribution from ecosystem businesses and cultivate diversified growth drivers. Leveraging its core strengths in global strategic layout, technological innovation, the all-category smart device ecosystem and the home entertainment platform jointly established with Sony, the Company will continue to unlock its operating potential, capitalise on industry development opportunities and achieve long-term, steady, sustainable and high-quality growth. 

[1] Source: Omdia, global brand TV shipment data for 2026 H1.

[2] Source: Omdia, global brand Mini LED TV shipment data for 2026 H1.

[3] Overall expenses comprise selling and distribution expenses and administrative expenses.

[4] Source: Omdia, global brand TV shipment data for 2026 H1.

[5] Source: Omdia, global brand Mini LED TV shipment data for 2026 H1.

[6] Source: Omdia, global brand Mini LED TV shipment data for the first half of 2026.

– Ends –

About TCL Electronics

TCL Electronics Holdings Limited (01070.HK, incorporated in the Cayman Islands with limited liability) has been listed on the Main Board of The Stock Exchange of Hong Kong Limited since November 1999. Its business scope covers display business, innovative business, and internet business. Guided by the business philosophy of “Strategy Guidance, Innovation Driven, Advanced Manufacturing and Global Operation”, TCL Electronics actively embraces transformation and innovation and focuses on breaking into the mid-to-high-end global market, and strives for an all-category layout for the “Smart IoT Ecosystem”. Dedicated to providing users with all-scenario smart healthy living experiences, TCL Electronics aims to become a leading global intelligent terminal enterprise. TCL Electronics is included in the list of eligible shares for the Shenzhen-Hong Kong Stock Connect. It is a constituent stock of the Hang Seng Stock Connect Hong Kong Index, the Hang Seng Composite LargeCap & MidCap Index, and the “Hang Seng SCHK Electronics Theme Index”. Since 2018, the Company has been awarded an ESG rating of A by Hang Seng Indexes Company for several consecutive years.

For more information, please visit TCL Electronics’ investor relations website at http://electronics.tcl.com, or access the official WeChat account of TCL Electronics Investor Relations.

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SOURCE TCL Electronics Holdings Limited

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MetaLight (02605.HK) Announces 2026 Interim Results: Net Loss Narrows Significantly, with Adjusted Net Profitability Sustained

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HONG KONG, Aug. 28, 2026 /PRNewswire/ — MetaLight Inc. (“MetaLight” or the “Company”; Stock Code: 02605.HK), a public transit information service provider powered by time series data analytics and AI technology, today announced its interim results for the six months ended June 30, 2026 (the “Reporting Period” or the “first half of 2026”). 2026 

Interim Results Highlights

Total revenue was approximately RMB92.0 million, down approximately 5.1% year on year, mainly reflecting mobile internet market competition and phased commercialization adjustments to improve product experience.Gross profit was approximately RMB68.7 million, down approximately 9.3% year on year, with gross margin at approximately 74.6%.Net loss narrowed significantly to approximately RMB5.0 million from RMB125.5 million during the Reporting Period. Adjusted net profit (non-IFRS measure)(1) was approximately RMB13.1 million, down approximately 53.6%, mainly due to the revenue decline and severance expenses arising from phased organizational optimization.Chelaile’s cumulative users increased approximately 6.1% to 354 million; average monthly active users rose approximately 6% year on year to 32.0 million; and its average rating across six major app stores improved approximately 8.4% between January and June 2026.

Dr. Sun Xi, Chairman and Chief Executive Officer of MetaLight, stated: “In the first half of 2026, the Company remained focused on its core business and consolidated Chelaile’s product and user base, while continuing to extend the application of its public transit data and technological capabilities and steadily advancing TransitNow’s localization validation, the R&D of the Robobus operations support platform, and AI-related initiatives. The significant year-on-year narrowing of our net loss mainly reflected the non-recurrence of fair value losses on convertible redeemable preferred shares and listing-related expenses recognized in the corresponding period last year. Chelaile’s user base and engagement continued to grow, indicating that demand for the core product remains solid. We will continue to prudently balance improvements in product usage experience with greater commercialization efficiency, and use product and service value to drive improvements in our core business.

TransitNow and the Robobus operations support platform build on the Company’s existing public transit data and technological capabilities, while AI-related initiatives begin with product R&D and business collaboration. We believe that capability extension is reflected not only in products entering more markets and application scenarios, but also in whether technology can be embedded into more efficient ways of working across the organization. The Company continues to advance its AI-native organization, integrate AI Agents into R&D, testing and related workflows, and gradually apply proven methods and capabilities to its core business. The integration of AI with education and related industrial investment remain at an early stage. We will allocate resources based on actual needs, validation results and commercial feasibility, with long-term competitiveness and shareholder value as the ultimate measures.

Looking ahead to the second half of the year, the Company will continue to consolidate Chelaile’s product and user base and prudently advance business and market development based on its existing capabilities and resources. We will use verifiable phased outcomes as the basis for assessment, validate new development directions while improving our core business, and communicate the Company’s actual progress with shareholders in a timely and candid manner.”

2026 Interim Financial Review

Revenue

The Group’s revenue decreased from approximately RMB97.0 million for the six months ended June 30, 2025 to approximately RMB92.0 million for the six months ended June 30, 2026. Revenue from mobile advertising services was approximately RMB89.5 million, representing a year-on-year decrease of approximately 5.0%, while revenue from data technology services was approximately RMB2.5 million. The decrease in revenue primarily reflected competitive conditions in the mobile internet market and the Group’s adjustments to certain advertising inventory and display frequencies during the Reporting Period to reduce advertising disruption to users and improve product usage experience. These adjustments had a short-term impact on mobile advertising revenue, resulting in a decrease of approximately RMB4.7 million. The relevant display frequencies gradually stabilized during the Reporting Period.

Gross Profit and Gross Margin

Gross profit decreased by approximately 9.3% from approximately RMB75.7 million for the six months ended June 30, 2025 to approximately RMB68.7 million for the six months ended June 30, 2026. Gross margin decreased by approximately 3.5 percentage points from approximately 78.1% for the six months ended June 30, 2025 to approximately 74.6% for the six months ended June 30, 2026. The decrease in gross profit and gross margin was mainly due to an increase in cost of sales, which rose by approximately RMB2.0 million from approximately RMB21.3 million to approximately RMB23.3 million, and increased as a percentage of revenue from approximately 22.0% to approximately 25.4%, primarily reflecting higher cross-network advertising fees and server rental costs.

Selling Expenses

Selling expenses increased slightly from approximately RMB18.7 million for the six months ended June 30, 2025 to approximately RMB18.8 million for the six months ended June 30, 2026, primarily due to an increase in sales personnel costs.

Administrative Expenses

Administrative expenses decreased from approximately RMB38.0 million for the six months ended June 30, 2025 to approximately RMB30.4 million for the six months ended June 30, 2026, primarily because one-off listing-related administrative expenses incurred in the corresponding period last year did not recur during the Reporting Period.

Research and Development Expenses

Research and development expenses were approximately RMB24.8 million for the six months ended June 30, 2026, representing an increase of approximately RMB3.2 million from the corresponding period last year, primarily due to an increase in R&D personnel costs.

Net Loss and Adjusted Net Profit during the Report Period

Net loss for the Reporting Period was approximately RMB5.0 million, compared with approximately RMB125.5 million for the corresponding period last year. The significant narrowing was mainly attributable to the non-recurrence of fair value losses on convertible redeemable preferred shares and listing-related expenses recognized in the corresponding period last year.

Adjusted net profit (non-IFRS measure)(1) was approximately RMB13.1 million, representing a decrease of approximately 53.6% from approximately RMB28.2 million for the corresponding period last year. The decrease mainly reflected a slight decline in revenue and severance compensation expenses arising from the phased optimization of the Group’s organizational and personnel structure during the Reporting Period. The relevant adjustments for this phase were largely completed during the Reporting Period, and the associated severance compensation expenses were also mainly incurred during the Reporting Period.

Cash Position

As of June 30, 2026, the Group had cash and cash equivalents of approximately RMB40.9 million and time deposits of approximately RMB175.8 million. Net cash used in operating activities during the Reporting Period was approximately RMB4.0 million.

Note: (1) The Group defines adjusted net profit (non-IFRS measure) as profit or loss for the period adjusted to exclude the effects of fair value losses on financial liabilities at fair value through profit or loss, listing expenses, loss on disposal of equity investments, fair value changes of equity investments measured at fair value through profit or loss, one-off external donation expenses and share-based payment expenses for equity-settled share option schemes.

2026 Interim Business Review

During the Reporting Period, the Group continued to focus on its real-time public bus information service, prioritizing the consolidation of its product and user base while continuing to extend the application of its public transit data and technological capabilities. Beyond the core business, these capabilities are gradually extending to TransitNow, demand-responsive public transport, and the operations support platform for autonomous-driving public bus (Robobus). AI-related initiatives include AI technology reserves, the development of an AI-native organization and the AI-focused venture capital fund. As these businesses are at different stages of development, the Group will advance them prudently based on actual progress, product performance, resource requirements and commercial feasibility.

In its core business, in response to intensifying competition in the mobile internet market, the Group made the consolidation of Chelaile’s product and user base a current operating priority. Taking into account external feedback and product experience assessments, the Group adjusted certain advertising inventory and display frequencies during the Reporting Period to reduce advertising disruption to users and improve product usage experience. The relevant display frequencies gradually stabilized during the Reporting Period. During the same period, Chelaile’s average rating across six major app stores increased by approximately 8.4% in June 2026 compared with January 2026. As of June 30, 2026, the service covered 484 cities and towns under a unified basis that excludes duplicate counting; cumulative users increased to approximately 354 million, representing growth of approximately 6.1% from the end of 2025; and average monthly active users during the Reporting Period reached approximately 32.0 million, representing year-on-year growth of approximately 6%.

In its overseas business, TransitNow was launched on iOS and Android platforms in mid-April 2026. It is currently available in Singapore, Hong Kong, Melbourne, Sydney, Brisbane, Kuala Lumpur and other supported cities. TransitNow is an extension and upgrade of the Group’s original Busio business, using a standalone technical architecture developed specifically for overseas business scenarios. Service continuity for existing users was preserved during the migration. The overseas business remains in an early promotion and localization validation stage. The Group will continue to monitor product usage, data integration and market feedback, and refine its product and operational arrangements accordingly.

In public transit service scenarios, the Group continued to develop its public transit analytics platform and demand-responsive public transport services. Demand-responsive public transport has been implemented in more than 20 cities in China, covering more than 60 service areas and generating cumulative service orders exceeding 10 million. During the Reporting Period, the Group also participated in the research and content drafting of the Demand-Responsive Public Transport Technology and Service Guidelines led by the China Academy of Transportation Sciences.

In autonomous-driving public bus (Robobus), the Group positions itself as a technology service provider that empowers public transport operators in their transition to Robobus operations. During the Reporting Period, the Group carried out solution design and R&D for the Robobus operations support platform, focusing on capabilities including vehicle operation monitoring, abnormal incident handling support and operational analytics. The platform is designed to provide underlying data intelligence and decision support for public transport operators. This direction remains at an early stage, and further progress is subject to product validation, cooperation arrangements, regulatory requirements and commercial feasibility.

In developing its AI capabilities, the Group continued to advance research and innovation and their practical application in its products. A peer-reviewed paper co-authored by the Group on bus arrival prediction was accepted to the KDD 2026 Applied Data Science Track, and the relevant method has been applied to Chelaile’s arrival prediction service. In one week of online validation across two cities served by Chelaile, the method reduced storage usage by approximately 90% and CPU usage by approximately 25%, while maintaining broadly comparable prediction performance. The Group also continued to advance the development of an AI-native organization and deepen the application of AI Agents in R&D, testing and related workflows; these initiatives remain under ongoing validation and iteration.

In AI-related investment, the AI-focused venture capital fund in which the Group participated has completed private investment fund filing and entered the project screening stage. As of June 30, 2026, the fund had completed one investment project. The Group will prudently advance the relevant work based on the fund’s operations and project progress.

Future Outlook

Looking ahead to the second half of 2026, the Group maintains a prudent stance on the short-term trajectory of the mobile advertising market. In its core business, the priority for the second half will be to prudently improve monetization efficiency and optimize the revenue mix, while consolidating Chelaile’s product and user base and continuing to improve product usage experience. The Group will use AI algorithms to optimize advertising inventory pricing strategies and placement accuracy, expand its network of programmatic advertising platform partners, reach long-tail advertisers, and gradually improve its client mix and revenue mix. In data technology services, the Group will prudently undertake projects after considering delivery resource alignment and commercial returns, and explore ways to increase the contribution of the related revenue. On the user side, Chelaile will continue to deepen its presence in third-tier and lower-tier cities and, subject to filing progress, gradually make natural language interaction and other functions available, advancing the product’s evolution toward an intelligent travel assistant. Genuine demand for public transit travel exists over the long term, and product and service value remain the foundation for improving the core business.

In its innovative businesses, the Group will advance TransitNow’s localized operations and market development at a measured pace based on actual validation results and resource requirements, continue the R&D and solution validation of the Robobus operations support platform, and prudently advance the subsequent work of the AI-focused venture capital fund based on the fund’s operations and project progress. These businesses are at different stages of development, and their progress remains subject to product readiness, user demand, cooperation arrangements, regulatory procedures, investment progress and commercial feasibility. The Group will use verifiable phased outcomes and commercial feasibility as the basis for subsequent assessment and resource allocation.

The Group will continue to be guided by users’ actual needs, enhance product and service value, and optimize resource allocation based on the actual progress and commercial feasibility of each business.

About MetaLight

MetaLight Inc. (Stock Code: 02605.HK) is a public transit information service provider powered by time series data analytics and AI technology. Guided by its mission of serving the public through advanced technology, the Company has independently developed a time series intelligence technology system centered on an AI Model Building Platform and AI model libraries for three industry verticals: public bus, renewable energy and industrial internet. The system integrates capabilities in large-scale data access, pre-processing, labeling, model training and foundation model adaptation. Based on this technology system, the Company operates the Chelaile real-time public transit information platform, providing commuters with real-time bus arrival predictions, vehicle location tracking and travel route planning, while also offering public transit analytics platforms and data technology services to transport operators. According to CIC data as of December 31, 2024, Chelaile was the largest real-time public transit information platform in China by city coverage. As of June 30, 2026, it covered 484 cities and towns nationwide with approximately 354 million cumulative users, committed to making public transit more convenient and efficient. For more information, please visit www.metalight.ai.

Forward-Looking Statements

In addition to statements of historical fact, this press release contains forward-looking statements relating to the Company’s business outlook, estimates of financial performance, forecast business plans, development strategies and projections of anticipated trends in our industry. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may,” “might,” “can,” “could,” “will,” “would,” “expect,” “believe,” “continue,” “estimate,” “anticipate,” “forecast,” “intend,” “plan,” “seek” or “timetable.” Such forward-looking statements are based on the information available to the Company and the outlook as at the time of publication of this press release. Such forward-looking statements are based on certain projections, assumptions and premises, some of which involve subjective factors or factors beyond our control. Such forward-looking statements may prove to be inaccurate and may not materialize in the future. Such forward-looking statements involve a number of risks and uncertainties. In view of the risks and uncertainties, forward-looking statements contained in this press release should not be construed as representations by the Board or the Company that such plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, neither the Company, its Board, employees nor agents assume any obligation to publicly release any revisions, corrections or updates to the forward-looking statements contained in this press release to reflect events or circumstances occurring after the date of this press release or unanticipated events, nor do they assume any liability for any losses arising from the failure to realize or inaccuracy of any forward-looking statements.

Investor and Media Inquiries

MetaLight Inc.
Investor Relations
Email: ir@metalight.ai

 

 

Condensed Consolidated Statement of Profit or Loss

For the six months ended June 30, 2026

2026
RMB’000
(Unaudited)

2025
RMB’000
(Unaudited)

Revenue

92,005

96,973

Cost of sales

(23,328)

(21,289)

Gross profit

68,677

75,684

Other income and gains

4,225

2,223

Selling expenses

(18,819)

(18,649)

Administrative expenses

(30,440)

(37,976)

Research and development expenses

(24,818)

(21,633)

Reversal of impairment losses on financial assets, net

463

712

Fair value loss on financial liabilities at fair value through profit or loss

(119,202)

Other expenses and losses

(6,457)

(4,246)

Finance costs

(154)

(478)

Share of profits of joint ventures

844

Loss before tax

(6,479)

(123,565)

Income tax credit/(expense)

1,447

(1,940)

Loss for the period

(5,032)

(125,505)

Attributable to:

Owners of the Company

(4,930)

(125,505)

Non-controlling interests

(102)

(5,032)

(125,505)

Loss per share attributable to ordinary equity holders of the Company

Basic (RMB)

(0.03)

(1.69)

Diluted (RMB)

(0.03)

(1.69)

 

 

Condensed Consolidated Statement of Financial Position

As of June 30, 2026

June 30, 2026
RMB’000
(Unaudited)

December 31, 2025
RMB’000
(Audited)

NON-CURRENT ASSETS

Property and equipment

912

1,138

Right-of-use assets

2,134

3,258

Intangible assets

183

231

Investments in joint ventures

41,638

Investment in an associate

Prepayments, other receivables and other assets

8,484

4,965

Financial investments

18,097

17,293

Deferred tax assets

9,890

8,443

Total non-current assets

81,338

35,328

CURRENT ASSETS

Trade receivables

35,466

42,473

Prepayments, other receivables and other assets

19,457

21,091

Financial investments

18,562

55,113

Time deposits

175,794

206,885

Cash and cash equivalents

40,948

38,693

Total current assets

290,227

364,255

CURRENT LIABILITIES

Trade payables

4,295

5,857

Contract liabilities

368

235

Other payables and accruals

9,372

24,731

Interest-bearing bank borrowings

10,000

Lease liabilities

1,167

2,216

Income tax payable

8

Total current liabilities

15,202

43,047

Net current assets

275,025

321,208

Total assets less current liabilities

356,363

356,536

NON-CURRENT LIABILITIES

Lease liabilities

97

203

Total non-current liabilities

97

203

Net assets

356,266

356,333

EQUITY

Share capital

109

109

Reserves

355,554

356,224

Equity attributable to owners of the Company

355,663

356,333

Non-controlling interests

603

Total equity

356,266

356,333

 

 

Non-IFRS Financial Measures

For the six months ended June 30

Unit: RMB’000

2026

2025

Loss for the period

(5,032)

(125,505)

Adjusted for:

Fair value loss on financial liabilities at fair value through profit or loss

119,202

Listing expenses

17,499

Loss on disposal of equity investments

Fair value changes of equity investments at fair value through profit or loss

1,019

3,712

External donation expenses

5,000

Share-based payment expenses for equity-settled share option schemes

12,099

13,275

Adjusted net profit (non-IFRS measure)

13,086

28,183

Note: For the definition of adjusted net profit (non-IFRS measure), please refer to note (1) above. External 
donation expenses were newly added as an adjustment item for the current period; no related expenses were 
incurred in the corresponding period in 2025.

View original content:https://www.prnewswire.com/apac/news-releases/metalight-02605hk-announces-2026-interim-results-net-loss-narrows-significantly-with-adjusted-net-profitability-sustained-302862890.html

SOURCE MetaLight Inc.

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Invisors ranks no. 12 on the Atlanta Business Chronicle 2026 Best Places to Work list

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ATLANTA, Aug. 28, 2026 /PRNewswire/ — Atlanta Business Chronicle revealed that Invisors, a Workday Services Partner, is ranked no. 12 on its 2026 Best Places to Work list in the medium company category. This marks Invisors’ sixth consecutive year on the list, which recognizes companies in the metro-Atlanta area that successfully go above and beyond for their employees.

“Being recognized as a Best Place to Work is a meaningful reflection of the culture our team has built.”

In a research-backed employee experience survey conducted by Quantum Workplace, Atlanta employees were surveyed on Invisors’ work environment, people practices and other measures. Invisors’ placement is based on the responses submitted by it’s employees. Read more about the values and practices that make Invisors who they are at invisors.com/company-overview.

“When Invisors was founded, we were a small team with a big vision. Today, we’ve grown to more than 475 team members globally, and we believe that growth starts with hiring exceptional people and creating an environment where they want to stay, grow and build something together,” shares Will Hardy, Managing Partner at Invisors. “As our company continues to evolve, we’re investing in innovation, including how we help our people and customers take advantage of AI. Being recognized as a Best Place to Work is a meaningful reflection of the culture our team has built, and we’re excited to continue creating opportunities for our people to learn, innovate and shape what’s next.”

Atlanta has always been central to Invisors’ story. With its headquarters and largest employee base located here, the city’s energy and drive for innovation show up in the way the company works. Invisors is proud to be part of the community and to consistently be recognized alongside other leading employers. Learn more about Invisors’ efforts to engage with the community at invisors.com/community.

This year, Invisors has received several recognitions based on revenue, growth and employee-satisfaction, including the Inc. 5000 Fastest-Growing Private Companies in AmericaSouth Florida’s Best Places to Work list and Great Place to Work US certification. Additionally, Invisors was recognized by the University of Florida for our Corporate Partnership. These awards highlight Invisors’ dedication to a meaningful company culture and our team’s values. We are proud to invest in our people as much as we do in our business. Discover the latest Invisors news and recognitions at Invisors at https://www.invisors.com/news.

About Invisors

As a certified Workday Services Partner, Invisors helps customers utilize their organizational data to make better-informed business decisions through the deployment of Workday. Invisors’ success is measured by their clients’ ability to achieve their big-picture vision. From initial deployments to ongoing projects, Invisors is dedicated to elevating perspectives and transforming results. Learn more by visiting invisors.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/invisors-ranks-no-12-on-the-atlanta-business-chronicle-2026-best-places-to-work-list-302862872.html

SOURCE Invisors

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