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2026-09-02
11:54
光大環境(00257.HK)中報深讀:科技創新底色走向「產業」

香港2026年9月2日 /美通社/ -- 在傳統環保行業告別大規模資本開支(CAPEX)驅動的重資產建造時代後,市場對環保企業的評價體系也發生根本性改變。過去評估一家環保企業看的是「資產規模與項目數量」,而未來決定企業上限的,則是「技術高度與成果產業化效率」。光大環境(00257.HK)早前在其2026年中期業績交出了一份亮眼的答卷:上半年歸母淨利潤同比升10%至24.31億港元,營運服務收益佔比由去年上半年的70%躍升至76%。更具深遠意義的是,公司科技創新的底色正完成從「實驗室研發」向「產業化變現」的關鍵跳躍,科技引領正成為其穿越行業週期、驅動長遠增長的核心引擎。

五大科技樣板間全面鋪開,從「試點」走向「標杆可複製」

科技創新的價值,最終體現在對營運質效的提升上。光大環境全面啟動「五大科技樣板間」建設,將數智技術深植於營運場景中。在已建成的山東濟南智慧水廠樣板間,通過智慧化監控與低碳工藝優化,單位污水處理成本可成功降低20%;在湖北鐘祥生物質智慧料場,堆取料效率提升20%,實現人工智能自動預警與常態化無人值守,每年節約人工與燃料成本超過400萬元人民幣;而江蘇蘇州智慧電廠、湖南益陽飛灰綜合減量(預計減量25%)及山東膠州節能增效樣板間的建設亦已啟動。光大環境於中國各省推動的科技樣板間建設,證明了公司的科技創新正在穩步成為能帶來可量化經濟效益的營運利器。

小微型爐填補國內空白  打通出海「最後一公里」

如果說科技樣板間是對內降本增效的新舉措,那麼小微型爐的落地外銷則是輕資產業務的積極突圍。

在固廢處置領域,大型城市垃圾焚燒發電市場日趨飽和,而縣域、高原及偏遠地區的小微型固廢處置一直存在技術與經濟性的國內空白。光大環境自主研發的首台套10噸/日小微型生活垃圾焚燒裝備在鎮江成功試運行,經權威鑑定達到國際領先水平,一舉填補了內地10噸/日以下小微型處置規模的技術空白。

這項技術突破不僅打通了國內偏遠地區垃圾無害化處置的「最後一公里」,更具備極強的裝備出口屬性。上半年,該小微型爐裝備成功中標馬來西亞項目,引領公司裝備製造與技術服務加速走向海外,打造出光大環境輕資產出海的全新名片。

小微型在國內外的推廣落地成效也標志著公司商業模式由「投資運營商」向「標準化裝備+技術解決方案供應商」的轉型。

從實驗室到商業化,技術變現按下加速鍵

從研發成果到商業訂單的轉化速度,是檢驗企業科技含金量的試金石。上半年,光大環境在廢舊動力電池回收高值資源化技術領域實現商業化突破,成功簽約四川氫氧化鋰及電池級碳酸鋰項目,合約金額近2.5億元人民幣,意味着這項自主研發的技術得到變現機會。

在學術與權威認可方面,集團「生物質定向熱轉化關鍵技術與裝備」榮獲2025年度國家科學技術進步獎二等獎,另斬獲4項省部級獎項,涵蓋固廢資源化裝備、風電葉片處置、數字生態等領域。截至2026年6月底,集團當期新獲授權知識產權58項,累計高達2,398項(含發明專利403項),展現出極高的技術壁壘與創新生態。

從單點技術攻關到數智賦能全產業鏈,從國內城鎮覆蓋到海外輕資產輸出,光大環境的轉型路徑極具行業啟示意義。在政策引導「十五五」綠色轉型、國補結算實現常態化的大背景下,光大環境正將2,300多項專利從紙面專利轉化為業績報告上的運營收益。當技術不再依附於項目建設,而是作為具有獨立性的產品和服務時,市場對這家環保龍頭的估值邏輯,亦有望隨着運營收益佔比持續提升與海外輕資產收入貢獻增加,迎來系統性重估。

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10:49
Wire: NVIDIA May Forge USD14B Acquisition of AI Startup Hugging Face as Early as This Week

NVIDIA Corporation (NVDA.US) is in advanced talks to acquire AI startup Hugging Face, with the total transaction value potentially reaching about USD14 billion, Bloomberg, citing sources, reported.

NVIDIA could reportedly forge an agreement to acquire Hugging Face for USD12.9 billion as early as this week. The deal may also include a USD1 billion employee retention package for Hugging Face staff.

NVIDIA is already one of the investors in Hugging Face. Other backers include Google, Amazon.com, Inc. (AMZN.US), Intel Corporation (INTC.US) and Salesforce, Inc. (CRM.US).
~

AASTOCKS Financial News
Website: www.aastocks.com

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10:14
AI Startup Manus Resumes Independent Operations

After the acquisition by Meta Platforms, Inc. (META.US) was called off, Manus issued an announcement on its official website yesterday, declaring that it has officially resumed independent operations with immediate effect.

The founding team will continue to lead the company and remain firmly committed to product innovation while advancing the development of general AI agents for users worldwide.

Going forward, the company will continue expanding the capability boundaries of general AI agents, transforming new capabilities into products to help users tackle complex tasks and achieve more in daily life and work.

Earlier market reports indicated that TENCENT (00700.HK), together with HongShan and ZhenFund, planned to repurchase Manus shares from Meta. The total consideration was expected to be broadly similar to the amount paid by Meta, at about USD2 billion.

In addition, according to Caixin, TENCENT acquired the Manus stake held by U.S. venture capital firm Benchmark, replacing it as Manus' largest shareholder.
~

AASTOCKS Financial News
Website: www.aastocks.com

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04:35
Tencent Music Entertainment Group Announces Notes Offering

SHENZHEN, China, Sept. 2, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in China, today announced its proposed public offering (the "Proposed Offering") of its senior unsecured notes in one or more tranches, subject to market conditions and other factors. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on The Stock Exchange of Hong Kong Limited.

The Company intends to use the net proceeds from the Proposed Offering for general corporate purposes, including refinancing of offshore indebtedness and share repurchases.

The joint bookrunners of the Proposed Offering are J.P. Morgan Securities LLC, Goldman Sachs (Asia) L.L.C. and The Hongkong and Shanghai Banking Corporation Limited. The joint lead managers of the Proposed Offering are UBS AG Hong Kong Branch, Bank of China Limited and MUFG Securities Asia Limited.

The Company has an automatic shelf registration statement on Form F-3 (including a base prospectus) on file with the U.S. Securities and Exchange Commission (the "SEC") and has filed a related preliminary prospectus supplement with the SEC for the offering of the notes. The offering is being made only by means of the prospectus supplement and accompanying base prospectus. Before you invest, you should read the prospectus supplement and accompanying base prospectus and other documents that the Company has filed with the SEC for more complete information about the Company and the offering. You may obtain these documents free of charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Company, any underwriter or any dealer participating in the offering will arrange to send an investor the prospectus if the investor requests it by calling J.P. Morgan Securities LLC located at 270 Park Ave, New York, NY 10017, USA at +1-212-834-4533, Goldman Sachs & Co. LLC, an affiliate of Goldman Sachs (Asia) L.L.C., located at 200 West Street, New York, NY 10282, USA at +1-866-471-2526 or The Hongkong and Shanghai Banking Corporation Limited, located at L17, HSBC Main Building, 1 Queen's Road Central, Hong Kong at +1-866-811-8049.

This announcement is not an offer of the securities for sale in the United States and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The securities referred to herein have not been and will not be registered under the applicable securities laws of any jurisdiction outside of the United States.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading all-in-one music and audio entertainment platform in China, operating the country's highly popular and innovative music and audio apps: QQ Music, Kugou Music, Kuwo Music, WeSing and Ximalaya. TME's mission is to create endless possibilities with music and technology. Powered by its content-and-platform dual-engine strategy, TME's expansive offerings extend the value of IP beyond online streaming into offline concerts, artist merchandise, and other IP-centric experiences. TME continuously innovates to deliver a seamless experience where users can discover, listen, sing, watch, perform, and connect across diverse scenarios, while unlocking the enduring value of music and audio IP. For more information, please visit ir.tencentmusic.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact
Tencent Music Entertainment Group
[email protected]
+86 (755) 8601-3388 ext. 885034

Information Provided by PR Newswire [Disclaimer]
2026-09-01
17:36
Xiami Music & Arts Festival Returns for 5th Edition with The Cardigans Leading a Global Lineup

  • The festival has presented 33 international acts over the past five years.
  • It has expanded beyond music to encompass theater, exhibitions, film, designer toys and other forms of entertainment.
  • This year's festival secured partnerships with 30 brands, continuing the growth of its commercial program.

BEIJING, Sept. 1, 2026 /PRNewswire/ -- Swedish rock band The Cardigans led the lineup of nine international acts and 15 Chinese artists at the fifth Xiami Music & Arts Festival, held from Aug. 28 to 30, 2026. The three-day festival, themed "Life is not a track, but a ______," drew tens of thousands of fans to Aranya, a coastal cultural and tourism destination in northern China's Hebei province.

Co-produced by Damai Entertainment, an Alibaba Group subsidiary, and Aranya, and organized by Damai's Xiami Music Entertainment label, the festival has become one of China's major destination music events. Over the past five years, it has brought 33 international acts to China, introducing Chinese audiences to a broader range of music from around the world while providing overseas artists and music brands with a gateway to the Chinese market.

The fifth Xiami Music & Arts Festival was held from Aug. 28 to 30, 2026, at Aranya, a coastal cultural and tourism destination in northern China’s Hebei province.
The fifth Xiami Music & Arts Festival was held from Aug. 28 to 30, 2026, at Aranya, a coastal cultural and tourism destination in northern China’s Hebei province.

This year's international lineup featured artists from Sweden, the United States, the United Kingdom and Australia, including The Cardigans, Tortoise, The Horrors, Frente!, Gallant, Hayd, Christian Kuria, Ivoris and Zella Day. They performed alongside Chinese artists including Lao Lang, Chen Li and Leah Dou in a lineup spanning indie pop, post-rock, alternative rock, R&B and dream pop.

The Cardigans delivered a special 90-minute set featuring songs from across their three-decade career, including "Lovefool," "Communication" and "Carnival."

In recent years, the festival has expanded beyond music to include theater, exhibitions, film, designer toys and other forms of entertainment, becoming a showcase for Damai Entertainment's broader live entertainment portfolio. At this year's event, Damai Entertainment's designer-toy brand LUCKY LOOP showcased original characters including HEY PENNY, ECHOA and Kooie. The brand opened its first three stores—in Shanghai, Shenzhen and Guangzhou—in August and plans to establish a presence in six Chinese cities by the end of the year.

The festival also highlighted the growing connections between Damai Entertainment's live entertainment and film businesses. The theme song and closing theme from the hit film Dear You were performed during the event. Damai Entertainment is also handling the film's worldwide theatrical release.

The festival's commercial program continued to grow in 2026, with 30 brands participating, including 88VIP, Samsung, Volkswagen, Tmall Hey Box, Tmall Super Brand Day, Sprite, Aimer, Freshippo and Nivea. Over the past five years, the festival has worked with 61 brand clients, 18 of which have returned for additional partnerships, representing a repeat-partnership rate of nearly 30%.

Environmental initiatives have also become an integral part of the festival's operations. Over the past five years, it has established 500 waste-sorting stations, collected more than 300,000 plastic bottles and engaged over 300,000 attendees in environmental initiatives.

About Damai Entertainment

Damai Entertainment is a technology-driven company delivering immersive, real-world entertainment experiences. Its diverse ecosystem spans film production, live events, IP commercialization, TV series, artist management, and ticketing platforms. Anchored in its dual strategic pillars of entertainment and AI, Damai is committed to creating unparalleled live, interactive, and immersive experiences for audiences around the world.

Media Contact
[email protected]

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15:26
Zoomlion Strengthens European Localization through Expanded Service, Manufacturing, and Technology Collaboration

CHANGSHA, China, Sept. 1, 2026 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion" or "the Company") is strengthening its localized operations in Europe following a partner meeting held on August 19 at Zoomlion's factory in Germany and a visit to its German subsidiary m-tec. The Company outlined plans to further develop local sales, manufacturing, service, talent development, and digital capabilities, while improving spare parts availability and service responsiveness.

Zoomlion Strengthens European Localization through Expanded Service, Manufacturing, and Technology Collaboration
Zoomlion Strengthens European Localization through Expanded Service, Manufacturing, and Technology Collaboration

At the partner meeting, customers and partners from multiple European countries discussed market development, products, services, and localized operations. Participants recognized improvements in Zoomlion's product quality and technology capabilities while highlighting priorities including long-term service capabilities, spare parts support, and a broader product portfolio. Zoomlion Chairman and CEO Zhan Chunxin responded to these priorities by emphasizing the strategic importance of Europe to the Company and its commitment to long-term localization.

The Company plans to further develop its European spare parts and service networks, improving both response times and parts availability. It will also advance a customer-facing digital service platform designed to automatically assign service tasks and track them throughout the process, giving customers easier access to information on equipment, spare parts, and services. Zoomlion will also continue introducing new products and technologies and broadening its portfolio to better meet local market needs.

Mr. Zhan visited m-tec's production and R&D facilities in Germany on Aug. 25, where he reviewed the subsidiary's operations and technology development, including R&D and applications involving 3D printing. Mr. Zhan said Zoomlion will continue supporting m-tec by leveraging the group's global market presence, R&D capabilities, and financial resources, while encouraging closer collaboration in technology, products, and market development. Since joining Zoomlion in 2014, m-tec has built on its expertise in dry-mix mortar machinery and building materials while collaborating with Zoomlion in technology, products, and markets, making it an important part of the group's European localization strategy.

Zoomlion has developed sales, service, financing, and manufacturing capabilities across Europe, supported by local production facilities including CIFA in Italy, m-tec, WILBERT and RABE in Germany, and its aerial work platform factory in Hungary. This localized footprint enables the Company to bring manufacturing, technical expertise, talent, and customer support closer to European markets.

Moving forward, Zoomlion will continue combining global resources with local capabilities to strengthen customer support and drive long-term growth in Europe.

Information Provided by PR Newswire [Disclaimer]
12:32
XPENG Announces Vehicle Delivery Results for August 2026

GUANGZHOU, China, Sept. 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global Physical AI company, today announced its vehicle delivery results for August 2026.

XPENG delivered 39,107 vehicles in August 2026, up 4% year-over-year.

On August 11, 2026, the XPENG G9L made its official debut and commenced pre-sales in the Chinese mainland.

In August, XPENG Robotaxi business validation gained further progress. The Company secured a permit to conduct remote testing of intelligent connected vehicles in Guangzhou, allowing road trials without an onboard safety operator on designated Level 1, 2 and 3 test roads across the city and marking a key milestone toward fully driverless road testing.

XPENG's electric vehicles delivered from January to August 2026 are expected to reduce life-cycle greenhouse gas emissions by more than 3.72 million tons compared to internal combustion engine vehicles, equivalent to the carbon absorbed by 61.6 million young trees over 10 years.

About XPENG

XPENG is a leading global Physical AI company, dedicated to bringing artificial intelligence into the physical world to reshape future mobility and smart living. Through in-house R&D, XPENG has developed a full-stack Physical AI architecture spanning Turing AI chips, world foundation models, and highly integrated software and hardware applications. This unified technology foundation of XPENG powers an expansive product portfolio of smart EVs, robotaxis, and humanoid robots, advancing the deployment of Physical AI at scale. Headquartered in Guangzhou, China, XPENG is dual-primary listed on the New York Stock Exchange and the Hong Kong Stock Exchange. With global capabilities across R&D, manufacturing, sales, and services, XPENG drives continuous technological innovation and fosters an open Physical AI ecosystem, making life smarter, safer, and better for users worldwide. For more information, please visit https://www.xpeng.com/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG's goal and strategies; XPENG's expansion plans; XPENG's future business development, financial condition and results of operations; the trends in, and size of, China's EV market; XPENG's expectations regarding demand for, and market acceptance of, its products and services; XPENG's expectations regarding its relationships with customers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG's filings with the United States Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contacts:

For Investor Enquiries:

IR Department
XPeng Inc.
Email: [email protected] 

Jenny Cai
Piacente Financial Communications
Tel: +1 212 481 2050 / +86 10 6508 0677
Email: [email protected] 

For Media Enquiries:

PR Department
XPeng Inc.
Email: [email protected]

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11:35
光大環境上半年業績透視:運營提效、科技落地與輕資產拓展並進

香港2026年9月1日 /美通社/ -- 從中國環境行業的龍頭企業,光大環境(00257.HK)半年報披露的經營動作看,光大環境2026年上半年的關鍵詞,已不只是項目規模,更包括存量項目提效、技術成果轉化和海外市場業務拓展。集團在既有業務基礎上推進精細運營,並以裝備、技術服務和設計諮詢打開新的市場空間。

截至2026年6月30日,集團業務覆蓋中國境內24個省、自治區、直轄市及1個特別行政區,足跡遍及228個市縣區,海外市場佈局20個國家;投資落實環保項目603個,總投資約1645億元(人民幣‧下同)。項目網絡和業務儲備,為運營能力持續提升提供了基礎。

營運驅動與結構優化:營運收益佔比升至76%,國補常態化加速現金流回籠

值得留意的是,光大環境的整體運營收入佔比今年上半年再度提升,由去年上半年的70%增至76%,顯示收入結構進一步優化。

回顧期內,環保能源持續探索境內外雙線市場並取得積極進展。海外拓展菲律賓、塞舌爾等市場;國內推動供熱供汽、環衛運維、有機廢氣無害化處置等多條細分業務賽道協同並進。與此同時,運營項目垃圾進廠量、餐廚與廚餘垃圾處理量、供熱供汽量等核心運營指標較去年同比穩步提升2%、2%、11%,顯示運營增效成效良好。

水務板塊深化精細化運營管理,降本提效。2026年上半年,光大水務汙水處理量為約8.89億立方米,同比增長6%。圍繞效能評估、工藝穩定性監測和設備數智化監管,水務板塊搭建「三位一體」運營診斷機制,並通過工藝優化、低碳碳源替代、智慧化監控和大宗物資集中採購等措施,推動單位汙水處理藥劑成本同比有所下降。旗下2座汙水處理廠獲批上調汙水處理服務費價格,調價幅度為8%至35%。

綠色環保板塊的運營也呈現出結構性改善。上半年,垃圾進廠量、生物質原材料處理量、供熱供汽量分別同比增長2%、4%和19%;供熱供汽業務發力成長,危固廢業務對重點幫扶項目實施「一企一策」,多個項目實現扭虧為盈或大幅減虧。

除此之外,集團上半年應收賬款回收128億元,同比多回收13億元;國補回收13.8億元,同比多回收約人民幣7.1億元;回款率67.4%;5月起實現2020年以來首次「按月常態化發放」。

科技轉化:五大科技樣板間落地AI與商業化轉化賦能降本增效

環境研究院圍繞飛灰資源化利用、生物質高值化利用、垃圾制炭和小微型爐四個方向推進「3+1」重點研發。首台套10噸/日小微型爐示範項目在鎮江垃圾發電項目試運行成功,核心工藝及設備經鑒定達到國際領先水平;飛灰資源化利用打通「回爐」工藝路線,垃圾制炭推進盈利模式探索和示範項目建設準備,新型水力清灰、餐廚廢水資源化、智能安防產品等新技術實現落地應用。

報告期內,數字化建設也在同步推進,集團啟動五大科技樣板間建設,涵蓋智慧電廠、智慧水廠、生物質電廠料場、飛灰綜合減量、節能增效五大領域,深挖數字資產價值。其中智慧水廠已建成,智慧電廠與生物質料廠樣板間已進入實施階段。此外,客戶管理平台(CRM)、業財一體化平台全面上線,集團首份人工智能(AI)整體建設規劃完成編制。截至6月30日,集團當期授權知識產權58項,累計授權知識產權2398項,其中累計發明專利403項。

國際化與企業端雙輪驅動:輕資產加速出海,打造裝備與技術服務新增長極

2026年上半年,光大環境海外拓展持續提速,累計佈局20個國家。集團牽頭的聯合體收到越南清化垃圾發電項目中標通知書,並獲得印尼勿加泗垃圾發電項目有條件授標。

輕資產方面,集團業務加速出海,成功拓展菲律賓、新加坡、塞舌爾等市場,具體業務包括新加坡煙囪供貨服務、菲律賓馬尼拉火力發電項目設計服務、塞舌爾生活垃圾焚燒發電與衛生填埋協同處置項目技術諮詢服務、越南後江備件採購訂單服務等。

值得一提的是,集團在裝備製造板塊重點攻堅小微型爐、水冷焚燒爐排爐等市場,於回顧期內成功中標馬來西亞小微型爐項目。結合小微型爐等核心裝備在高原及偏遠地區的應用,集團正在把固廢處理經驗進一步轉化為可複製的裝備與服務方案,助力打造光大環境裝備出海新名片。

綜合來看,光大環境上半年的經營重點,體現為運營提效、科技落地和市場拓展相互支撐:運營端改善存量項目質效,研發端加快技術成果進入場景,輕資產端則推動裝備、設計和服務能力向更多區域延伸。對集團而言,這是一條從項目建設能力向綜合運營與解決方案能力延展的路徑。

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2026-08-31
17:43
Fosun International Holds 2026 Interim Results Presentation: Unlocking Core Pathways, Accelerating Growth in Industries where we Excel

HONG KONG, Aug. 31, 2026 /PRNewswire/ -- On the morning of 28 August, Fosun International held its 2026 interim results presentation in Hong Kong. This marks Fosun's return to Hong Kong to hold a results presentation for the first time in six years. The results presentation was attended by Guo Guangchang, Chairman of Fosun International; Wang Qunbin, Co-Chairman of Fosun International; Chen Qiyu, Co-CEO of Fosun International; Xu Xiaoliang, Co-CEO of Fosun International; and Gong Ping, CFO of Fosun International, together with a number of investors, analysts, and media representatives.

On the evening of 27 August, Fosun International announced its 2026 interim results. During the Reporting Period, the Group's total revenue reached RMB86.96 billion; profit attributable to owners of the parent reached RMB1.72 billion, representing a year-on-year increase of 160.3%; overseas revenue reached RMB49.16 billion, with its share of total revenue rising to 56.5%.

Commenting on Fosun's interim results, Guo Guangchang, Chairman of Fosun International, said they reflect the outcome of the strategic adjustments Fosun has made over the past few years. Its "repairing the roof on a sunny day" efforts have paid off as planned. Going forward, Fosun will continue to focus on industries where it holds competitive advantages and accelerate development along a path of steady growth.

"Over the past few years, and especially last year, we have been 'repairing the roof of our home on a sunny day' and 'repairing the car roof on a sunny day'— to strengthen Fosun's foundation, enabling it to embark on a path of accelerated, steady growth," said Guo Guangchang.

Unlocking Core Pathways between its Insurance Business and Industries where it Excels

In the first half of the year, Fosun's four core companies — Fosun Pharma, Yuyuan, Fosun Insurance Portugal (Fidelidade), and the Tourism segment — together accounted for 73.5% of the Group's total revenue, underscoring Fosun's solid foundation. Among them, the pharmaceutical and insurance segments delivered particularly strong performance.

Guo Guangchang said, "For more than three decades, integrating our insurance business with industries where we hold competitive advantages has been a strategic priority for Fosun — a core pathway we have long sought to unlock. I believe we have now achieved it. This integration will significantly strengthen our industrial operational capabilities and enhance future profitability, providing sustained momentum for Fosun's long term development."

On overall operating performance in the first half of the year, Wang Qunbin, Co-Chairman of Fosun International, stated that Fosun remains committed to its business streamlining and core business-focused strategy at this stage. On the one hand, it continues to improve Fosun International's credit rating, with the aim of gradually achieving investment-grade status. On the other hand, it focuses its development on the insurance business and industries where it holds competitive advantages. Fosun remains steadfast in its commitment to long-termism, better navigating economic cycles, and managing their fluctuations. At the same time, Fosun continues to put customers first and improve satisfaction among its five customer groups, while advancing its distinctive open and integrated approach to innovation, building global commercialization capabilities and a global operating system, and combining global resources with China's capabilities.

Building an Open Global Innovation and Operating Ecosystem

Innovation and globalization are Fosun's core strategies and the key drivers behind its earnings recovery. In terms of innovation, Fosun has consistently made substantial investments in technology innovation across its core businesses, particularly in pharmaceuticals, for over a decade. In the first half of this year, investment in technology innovation reached RMB4.2 billion, representing a year-on-year increase of 16.7%.

Chen Qiyu, Co-CEO of Fosun International, explained that in the field of pharmaceutical and healthcare, Fosun has built its presence around the needs of three key markets — China, the U.S., and emerging markets. After more than a decade of effort, it has established technology platforms covering monoclonal antibodies, bispecific antibodies, multispecific antibodies, antibody-drug conjugates (ADCs), fusion proteins, small molecules, autologous CAR-T, next-generation universal CAR-T, and radiopharmaceuticals. It has also built a high-value R&D pipeline spanning solid tumors, hematologic tumors, immunology and inflammation, neurodegenerative diseases, cardiovascular diseases, and metabolic disorders. At the same time, Fosun is continuously building an open innovation ecosystem and forging broad partnerships with more global companies.

Chen Qiyu believes that after nearly 20 years of sustained commitment to innovative R&D, Chinese biopharmaceutical companies now face a critical global challenge they must overcome: global operational capabilities, particularly global commercialization capabilities. To that end, beyond advancing R&D innovation, Fosun is taking a key strategic step — building a globally integrated operating system with synergy across the entire value chain, rolling out systematic commercial strategies across various markets, and strengthening its global commercialization capabilities.

Xu Xiaoliang, Co-CEO of Fosun International, stated that innovation-driven development is central to Fosun's high-quality operations, and innovation is Fosun's key growth driver. Fosun's innovation strategy has four pillars: innovative R&D, innovative products, innovative processes and innovative scenarios. In short, Fosun's approach to innovation is not a matter of isolated breakthroughs but systematic innovation across R&D, products, processes, and scenarios, driving new momentum for high-quality operations.

Regarding Fosun's globalization strategy, Xu Xiaoliang said that Fosun sees two sides to it. Side A is about leveraging global R&D and global manufacturing to create better products, while harnessing global resources to drive industrial synergy and a coordinated global presence. Side B is about global operations and global marketing to build service networks around customer needs worldwide and enhance brand penetration and market expansion.

Accelerating Development along a Path of Sustainable Growth

On the financial front, a key area of investor interest, Gong Ping, CFO of Fosun International, shared at the results presentation that in the first half of 2026, the Group's overall operating revenue remained stable with an improving revenue mix, profitability improved significantly and returned to a growth trajectory, and technology innovation investment continued to rise, with a focus on high-quality development. At the same time, the Group continued to optimize its asset portfolio and strengthen asset quality, and steadily entered a valuation recovery phase. While making solid progress across its businesses, the Group continued to optimize its balance sheet structure, steadily reduce its debt level, and maintain stable credit ratings.

At the results presentation, Guo Guangchang, remarked, "While the results Fosun International delivered in the first half of the year have been well received, they are still far from our ultimate goal. Nor is the Board's medium-term target of restoring annual profit to the RMB10 billion level our ultimate goal. A company must always be grounded in its vision, mission, and values. It is only with a strong sense of purpose that a company can stay the course and achieve long-term success. Whether we are 'repairing the car roof' or 'repairing the roof of our home', the ultimate goal is to deliver on our vision and mission. Going forward, Fosun will continue to focus on industries where it holds competitive advantages to 'spur the horse to full speed', pushing forward with even greater momentum along the path of sustainable growth."

 

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12:13
Growing Sportcation Travel Trend: Trip.com Group Reports 40% Increase in Active Travel Booking GMV

SINGAPORE, Aug. 31, 2026 /PRNewswire/ -- Active travel or 'sportcations' are becoming the next big travel trend, with Trip.com Group seeing a strong double-digit increase in booking GMV. From cycling through mountain passes to joining diving camps and wellness retreats, active travel is becoming a defining part of how people experience the world.


A growing passion for active travel

This shift is gathering pace across the full travel journey, with searches for active sports experiences growing by over 30% year on year, with markets witnessing substantial increases: 80% in Singapore, 65% in Malaysia, and 50% in the United Kingdom, while France, Italy, Germany, and Spain all recorded triple-digit growth.


Total travel booking GMV has increased by almost 40%, with markets such as South Korea (+150%), Singapore (+104%), and Thailand (+200%) seeing bookings more than double over the past year. The same is seen for European travellers. The United Kingdom saw bookings grow by over 100%, and Germany by over 600%, highlighting that travellers are increasingly planning holidays around experiences that get them moving.

From adrenaline to adventure, travellers are following their passions

Active travel is taking many forms, reflecting the wide range of interests shaping today's holidays. Globally, diving ranks as the most-booked sporting experience, followed by activities such as ziplining, paragliding, skydiving and cycling.


Across individual markets, preferences vary, giving destinations their own unique sporting identities. Adventure activities prove especially popular across Asia. Diving leads bookings in South Korea, Malaysia, Germany, Spain, Italy and France. At the same time, skydiving ranks first in Hong Kong, Taiwan and Thailand, while Japanese travellers show the strongest preference for cycling.

Destinations are driving signature experiences

As travellers increasingly build holidays around the activities they love, certain places are emerging as go-to destinations for particular passions. The data shows that five destinations in particular stand out across multiple types of active travel, with Thailand, China, Australia, New Zealand and Malaysia appearing among the leading destinations across cycling, climbing, swimming, water sports and adventure experiences.


Thailand leads the way, appearing across all five categories and ranking as the leading destination for diving, while also featuring among the top destinations for cycling, water sports and adventure activities. This breadth of experiences makes it a particularly strong destination for travellers looking to combine different activities within one trip.

Australia stands out as another versatile destination, attracting travellers for cycling, rock climbing, surfing and kayaking, as well as adventure activities such as paragliding and skydiving. Its presence across multiple categories reflects the growing appeal of destinations where travellers can combine diverse active experiences within the same holiday.

From travelling together to inspiring others

While the passion for active experiences is shared globally, the way people travel differs across regions. In Europe, the average travel party is 1-2 people, suggesting many travellers are embarking on solo adventures or trips with a partner. Across the Asia-Pacific region, the average group size increases to 2-3, highlighting the popularity of travelling with friends and family to share new experiences.


These experiences are also shaping how travellers engage online. Active travel-related posts on Trip.Moments have nearly doubled globally, growing by 99% year on year as more travellers document their adventures and inspire others to follow in their footsteps. Several markets have seen particularly strong growth in community sharing, including Spain (224.9%), the United Kingdom (122.2%), Italy (118.9%), China (96.2%) and France (86.9%), reflecting the growing popularity of active travel across both Asia and Europe.

The conversations are becoming more engaging, too. While the number of posts has nearly doubled, comments have grown twelvefold compared with the previous year, demonstrating that active travel is encouraging richer conversations rather than simply more content. From destination tips to training advice and first-hand recommendations, travellers are helping one another discover their next active escape, creating a cycle where inspiration leads to bookings and every journey inspires the next.

As travellers continue looking for more meaningful ways to explore the world, active travel is evolving from a niche interest into a mainstream travel trend. Whether it is mastering a new skill, training for a personal goal or simply enjoying the outdoors, active experiences are helping people build stronger connections with destinations and with each other.

About Trip.com Group

Trip.com Group is a global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group is on the mission "to pursue the perfect trip for a better world". Find out more about Trip.com Group here: group.trip.com.

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