HANNOVER, Germany, April 24, 2026 /PRNewswire/ -- Shanghai Electric (SEHK: 02727, SSE: 601727), a global leader in providing integrated solutions for the energy and industrial sectors, is exhibiting at Hannover Messe 2026 under the theme of "Interlocking Energy and Industry," showcasing its green energy products, integrated energy solutions, and AI-enabled industrial application scenarios.

Against the backdrop of Europe's energy transition and the rising demand for AI adoption in manufacturing, Shanghai Electric aims to explore more opportunities for in-depth cooperation. It features four exhibition zones at Hannover Messe 2026: "AI for Industry," "Zero-Carbon Parks," "POWER to X," and "IIoT Digital Foundation," showcasing multi-scenario solutions and real-world international project deployments that demonstrate Shanghai Electric's integrated strength in driving synergistic industrial chain development across its two core sectors of energy and industry.

Digital & AI integration: a new blueprint for industrial upgrading

In the "AI for Industry" exhibition zone, Shanghai Electric unveiled its "StarCloud Intelligent Manufacturing" series, which includes nearly 40 AI models and intelligent agents, covering three major manufacturing scenarios—R&D and Design, Production and Manufacturing, and Operation and Maintenance—to drive the intelligent upgrading of the manufacturing industry.

The "Mobile Factory" product, centered on containerized modular equipment and integrating AI with digital twin technology, enables remote maintenance and smart scheduling. It has already carried out maintenance and emergency repair missions in multiple overseas projects, including South Korea, Indonesia, and Bangladesh.

Meanwhile, its self-developed Industrial Internet Platform provides digital transformation solutions for manufacturing plants across 13 industries, including the energy and industrial sectors, and has connected over 460,000 devices.

Shanghai Electric's self-developed bipedal humanoid robot, "Suyuan," also made a global appearance at the event. Equipped with self-developed high-performance joints and intelligent control systems, it is capable of operating in complex industrial scenarios and empowering traditional industrial manufacturing.

Green energy: a new benchmark for zero-carbon parks

Leveraging its "Energy + Industry" synergies, Shanghai Electric is developing replicable zero-carbon park solutions. The company provides full-cycle customized services from planning to operation, coupled with its in-house products that cover over half of the core equipment needed, including wind, solar, storage, hydrogen, microgrids, and multi-energy coupling systems.

In the "Zero-Carbon Parks" zone, Shanghai Electric showcased its green technology leadership across wind, solar, and energy storage:

• Wind power: Featuring the 25 MW offshore turbine, Shanghai Electric has supplied equipment and O&M services to global wind farms, including the Senj Wind Farm in Croatia, one of the largest wind projects in Central and Eastern Europe.
• Solar power: With cutting-edge HJT photovoltaic technology and full-industry-chain supply capacity for solar thermal equipment, Shanghai Electric is presenting innovative products such as the solar-storage integrated power cabin.
• Energy storage: The vanadium redox battery system, using a water-based electrolyte, has become one of the preferred technology routes for large-scale, long-duration energy storage.

Spearheading the new frontier of green hydrogen and green fuels

Leveraging its full-chain capabilities in new energy, smart grids, and green chemicals, Shanghai Electric has built core technologies and equipment covering the entire green fuel value chain. Shanghai Electric provides fully customized, end-to-end solutions for three major green fuels including green methanol, green ammonia, and sustainable aviation fuel (SAF), which are tailored to different resource conditions and market demands.

Shanghai Electric's Taonan project in Jilin, China's first green methanol demonstration project, has achieved full-process EU ISCC certification. In March 2026, its first batch of green methanol products was bunkered to the CMA CGM vessel  "OSMIUM" at Shanghai Yangshan Port.

PATEO (02889.HK) announced that it has entered into a series of in-depth partnerships with NVIDIA (NVDA.US) and a leading NEV OEM.

Spurred by the news, the stock price opened 14.86% higher today (24th). With gains once exceeding 23%, it peaked at HKD198.9. It last posted at HKD179.7, up 11.27%, with turnover of 648,200 shares, involving HKD122 million.

PATEO announced that the series of in-depth collaborations include the company receiving a designation notice for a new-generation intelligent vehicle model from a leading NEV OEM, as well as configuration solutions for NVIDIA's accelerated computing platform.

The cooperation involves deploying AI BOX based on the NVIDIA DRIVE AGX Thor accelerated computing platform, providing high-performance computing power support for on-vehicle deployment of next-generation AI foundation models.
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Amid lingering uncertainty over US-Iran peace talks, declines in software shares, and oil price surges, US equities retreated from their peaks on Thursday.

The DJIA once sank as much as 628 points or 1.3% after midday to a bottom of 48,861. It eventually closed down 179 points or 0.4% at 49,310. The Nasdaq ended 219 points or 0.9% lower at 24,438. The S&P 500 fell 29 points or 0.4%, closing at 7,108.

Software stocks were under sell-off pressure. Microsoft (MSFT.US) slid 4%. Oracle (ORCL.US) slumped 6%. IBM (IBM.US) plunged 8.3%. While it reported forecast-beating earnings for 1Q26, growth in its software business slowed. ServiceNow (NOW.US) nosedived 17.8% after it lowered its operating margin guidance.
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Meta Platforms (META.US) plans to lay off 10% of its workforce, involving about 8,000 employees, in order to improve efficiency and offset its substantial spending on AI, foreign media quoted internal documents as saying.

In a memo to employees, the Company disclosed that the layoffs will begin on 20 May. The Company will also freeze recruitment for 6,000 positions that were originally planned to be filled.
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BEIJING, April 23, 2026 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it will report its financial results for the First Quarter 2026 ended March 31, 2026, before the U.S. market opens on May 18, 2026. Baidu's management will hold an earnings conference call at 8:00 AM on May 18, 2026, U.S. Eastern Time (8:00 PM on May 18, 2026, Beijing Time).

Please register in advance of the conference call using the link provided below. It will automatically direct you to the registration page of "Baidu Inc. Q1 2026 Earnings Conference Call". Please follow the steps to enter your registration details, then click "Register". Upon registering, you will then be provided with the dial-in number, the passcode, and your unique access PIN. This information will also be emailed to you as a calendar invite.

For pre-registration, please click:
https://s1.c-conf.com/diamondpass/10054331-iu876y.html

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), the passcode and unique access PIN) provided in the calendar invite that you have received following your pre-registration.

Additionally, a live and archived webcast of this conference call will be available at https://ir.baidu.com.

A replay of the conference call may be accessed by phone at the following number until May 25, 2026:
US: 1 855 883 1031
Reply PIN: 10054331

About Baidu

Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under "BIDU" and the HKEX under "9888." One Baidu ADS represents eight Class A ordinary shares.

HONG KONG and SHANGHAI, April 23, 2026 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or "the Group"; HKEX: 2318/82318; SSE: 601318) released its 2025 Sustainability Report, introducing for the first time its "SIMPLE" sustainability framework, which demonstrates how the Group embeds sustainability deeply into its core businesses through six strategic pillars to create long-term value for customers, employees, shareholders, and society.

The SIMPLE framework articulates Ping An's sustainability philosophy across six key dimensions:

• Sustainable – Long-term Stability and Growth: Leveraging its integrated financial services strategy, Ping An continues to support key sectors underpinning long-term economic development, aligning corporate value creation with macroeconomic growth. As of the end of 2025, the Group had deployed over RMB 10.88 trillion in funding to support the real economy. In 2025, sustainable insurance premium income reached RMB 730.8 billion, up 16.1% year-on-year. Responsible banking balances stood at approximately RMB 1.3 trillion, while responsible investment assets totaled RMB 1.0426 trillion, representing a 22.7% increase from the end of 2024.
  
  
• Inclusion – Inclusive Finance: Ping An continues to expand access to financial services and unlock the potential of long-tail markets. By the end of 2025, inclusive insurance generated RMB 179.723 billion in premium income, providing risk protection to nearly 2.93 million small and micro enterprises. Inclusive small and micro enterprise loan balances reached approximately RMB 484.5 billion, benefiting around 910,000 businesses.
  
  
• Mitigation – Risk Prevention and Loss Reduction: Ping An is transforming insurance from a post-event compensation mechanism into a proactive risk management solution, enhancing societal resilience. In personal and public safety, Ping An Global Emergency Assistance provides 38 services covering more than 100 emergency risk scenarios across home, outdoor, and overseas settings, with coverage spanning 233 countries and regions worldwide. Through its public safety initiative "Traffic Light", Ping An has donated over 10,000 traffic safety facilities across 31 provinces in China and upgraded more than 1,700 high-risk road sections, significantly reducing accident rates. In climate risk management, Ping An's proprietary EagleX System issued 10.57 billion risk alerts to 130 million customers in 2025, helping reduce losses by approximately RMB 707 million.
  
  
• People-oriented – Talent empowerment: Ping An is committed to building a diverse and inclusive workplace. In 2025, the Group and its subsidiaries provided more than 30,000 jobs, with total investment into employee training reaching RMB 885 million. To align long-term incentives with sustainable value creation, Ping An continued to optimize its Core Personnel Stock Ownership Plan and Long-term Service Plan. By the end of 2025, more than 109,000 employees had participated, establishing a robust long-term incentive and accountability mechanism.
  
  
• Low-carbon – Green Finance and Low-carbon Operations: Ping An advances green finance while accelerating its low-carbon transition. As of the end of 2025, green investments by insurance funds reached RMB 530.1 billion, representing a more than threefold year-on-year increase. Green loan balances totaled RMB 266.433 billion, up 12.2%, while green insurance premium income surged 30.5% to RMB 76.474 billion. Operationally, the Group continues to advance toward its 2030 operational carbon neutrality target, with carbon emissions falling by more than 16% year-on-year in 2025.
  
  
• Efficiency – Intelligent and Responsible Technology: Harnessing its leading technological capabilities, Ping An has built a collaborative ecosystem spanning finance, healthcare and senior care, while continuously strengthening its AI ethics governance framework. Ping An's AI-powered "Express Service" platform streamlines complex processes across multiple applications, enabling an AI assistant that allows users to complete tasks through a single, simple command. The service supports 251 million customers and approximately 90 million monthly active online users, significantly enhancing customer experience and engagement.

Ping An's long-standing commitment to sustainability continues to earn strong recognition from global capital markets. In 2025, Ping An received the MSCI ESG AAA rating, ranking third globally in the "Multi-line Insurance & Brokerage" category and maintaining its Asia-Pacific No.1 position for four consecutive years. In addition, in 2026, Ping An remains in S&P Global's Sustainability Yearbook (China Edition), becoming the only mainland Chinese insurance group to receive this recognition for four consecutive years.

Looking ahead, Ping An will continue to advance its "SIMPLE" ESG philosophy, underpinning its high-quality growth trajectory with sustainability and professional expertise to deliver long-term value for customers, employees, shareholders and society.

- End -

About Ping An Insurance (Group) Company of China, Ltd.

Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-enabled "integrated finance + health and senior care" dual-pronged strategy, the Group provides professional "financial advisory, family doctor, and senior care concierge" services to its over 250 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses' quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of December 2025, Ping An had more than RMB13 trillion in total assets. The Group ranked 27th in the Forbes Global 2000 list in 2025, 47th in the Fortune Global 500 list in 2025, and ranked AAA in MSCI ESG Ratings in 2025

For more information, please visit the www.group.pingan.com and follow our LinkedIn page - PING AN.

CHANGSHA, China, April 23, 2026 /PRNewswire/ -- Mozambique's President Daniel Francisco Chapo toured the manufacturing facilities of Chinese heavy equipment maker Zoomlion on April 16, marking the first day of a weeklong state visit to China as the African nation seeks to accelerate its infrastructure and agricultural development.

Chapo, on his first trip to China since taking office in 2025, was received at Zoomlion's Smart Industrial City in Changsha by Chairman and CEO Zhan Chunxin, where he observed automated excavator assembly lines and a range of farm equipment including electric tractors, hybrid and fully electric combine harvesters, and rice transplanters.

The company also staged live demonstrations to showcase the precision of its intelligent systems, featuring an excavator stacking cups and a skid-steer loader performing a choreographed routine.

Chapo said Mozambique had found in Zoomlion the kind of solutions its construction and infrastructure drive demands, noting that the country is engaged in large-scale development spanning roads, bridges, buildings and broader infrastructure.

Agriculture accounts for roughly a quarter of the country's GDP and employs the majority of its working population, making mechanization a persistent priority for economic development.

The country's Ministry of Agriculture held a separate meeting with Zoomlion two days later to discuss its agricultural machinery requirements.

Mozambique is at a stage of development that aligns closely with Zoomlion's long-term strengths in construction and agricultural equipment. With experience built over years of product development, manufacturing and international market expansion, the company is well positioned to support a wide range of infrastructure and mechanization needs.

Zoomlion, listed in Hong Kong, reported international revenue of 30.5 billion yuan ($4.4 billion) in 2025, roughly 59% of total sales, compounding at 52% annually over the past four years. Earthmoving machinery revenue rose approximately 45% year on year.

The Changsha facility produces more than 100 excavator models on shared assembly lines, turning out one excavator every six minutes on average, with a full manufacturing cycle from raw steel to finished product of 6.5 days.

The visit reflects growing international interest in equipment manufacturers capable of serving diverse construction and agricultural needs, as infrastructure investment continues to expand across emerging markets.

WUXI, China, April 23, 2026 /PRNewswire/ -- WuXi Biologics (2269.HK), a leading global Contract Research, Development, and Manufacturing Organization (CRDMO), announced that three of its manufacturing facilities in Wuxi – Drug Substance Facility 5 (MFG5), Drug Product Facility 2 (DP2), and Drug Product Packaging Center (DPPC) – have received GMP certification from South Korea Ministry of Food and Drug Safety (MFDS). The certification positions WuXi Biologics to provide end‑to‑end commercial manufacturing services, covering both drug substance and drug product, for a bispecific antibody indicated for the treatment of biliary tract cancer.

During the five‑day on‑site inspection, all three facilities successfully passed the MFDS assessment with no critical or major findings, reaffirming WuXi Biologics' robust quality and compliance systems, as well as its proven capability to execute GMP‑compliant large-scale manufacturing for complex biologic programs.

Within WuXi Biologics' global GMP manufacturing network, MFG5, DP2 and DPPC collectively provide integrated, end‑to‑end capabilities spanning drug substance manufacturing, drug product fill‑finish, and customized packaging, enabling efficient commercial supply of innovative biologic therapies.

Dr. Chris Chen, CEO of WuXi Biologics, commented, "Receiving GMP certification from the MFDS demonstrates our continued commitment to the global standards of quality and regulatory compliance. It further strengthens our support for customers across South Korea and the Asia‑Pacific region, while reaffirming our proven domain expertise and systematic strengths in the development and commercial manufacturing of complex biologics, including bispecific antibodies. We will continue to build on our world‑class quality system and end‑to‑end manufacturing capabilities to enable partners to accelerate the delivery of innovative biologics to patients worldwide."

WuXi Biologics has consistently demonstrated a proven track record of adherence to the industry's rigorous quality standards. As of the end of 2025, it has successfully passed 46 regulatory inspections, including 22 conducted by the FDA and EMA, and secured 136 facility license approvals. The company also holds an industry-leading record, achieving a 100% pass rate for FDA Pre-License Inspection (PLI). In addition, WuXi Biologics has passed more than 1,800 GMP quality audits by global clients, including over 230 audits by EU Qualified Persons. Currently, the company operates 15 GMP-certified drug substance and drug product facilities within its global network. Its world-class quality and compliance capabilities underpin long-standing trust from clients worldwide.

About WuXi Biologics

WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.

With over 13,000 employees in China, the United States, Ireland, Germany, and Singapore — including experts and scientists in biologics R&D and manufacturing, technology innovation, and operational excellence — WuXi Biologics leverages its technologies and expertise to deliver efficient, cost-effective, and scalable biologics solutions tailored to meet clients' needs. By embedding digital capability and infrastructure across the full biopharmaceutical value chain, the company turns data, computation, and prediction into transparent client experience, faster development, intelligent operations, and more efficient manufacturing. As of December 31, 2025, WuXi Biologics is supporting 945 integrated client projects, including 74 in Phase III and 25 in commercial manufacturing, with complex modalities representing more than half of the entire project portfolio.

WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while demonstrating exemplary Environmental, Social and Governance (ESG) practices. Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts and promote responsible practices that empower the entire value chain.

For more information about WuXi Biologics, please visit: www.wuxibiologics.com

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Kevin Zhang, Deputy Co-COO and SVP of Business Development and Global Sales at TSMC (TSM.US), remarked that the company plans to establish a chip packaging plant in Arizona by 2029. It will actively expand the production capacity of its Arizona facilities, aiming to build CoWoS and 3D-IC capacity by 2029.

By far, Apple (AAPL.US) and Nvidia (NVDA.US) have been sourcing chips from TSMC's Arizona plant, but many of these chips still need to be shipped back to Taiwan for packaging. Amkor Technology (AMKR.US) and TSMC previously announced in 2024 that they would collaborate to introduce several of TSMC's advanced packaging technologies to Arizona.
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Tesla (TSLA.US) announced after market close on Wednesday that its net profit for 1Q26 lifted 17% YoY to USD477 million. Adjusted EPS was USD0.41, above market expectations of USD0.37. Following the results announcement, the stock shot up nearly 4% in after-hours trading.

Revenue for the quarter mounted 16% YoY to USD22.39 billion, slightly below market expectations of USD22.64 billion.
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