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Trusted by Municipalities in Japan, Tackling Water Infrastructure Challenges Globally TOKYO, JAPAN – Media OutReach Newswire – 18 September 2025 – Tenchijin Inc., a space-tech innovator transforming sustainable water infrastructure management, announced today that “KnoWaterleak,” a water leakage assessment and management system, has surpassed 50 cumulative municipal contracts. KnoWaterleak Achieves Cumulative Milestone of 50 Municipal Contracts in Japan The milestone demonstrates accelerating market adoption, with contract numbers growing from 30 in April 2025 to 40 in July and reaching 50 contracts just two months later in September. This rapid six-month expansion reflects heightened interest from municipalities and water utilities seeking innovative solutions to address Japan’s aging infrastructure challenges. Japan’s underground water distribution networks pose significant management challenges. Aging pipes, frequent leaks, and costly replacements have become pressing issues. Climate change-induced extreme weather and seismic activity further increase infrastructure risks. At the same time, municipal budget constraints and a shortage of technical workforce make comprehensive pipe replacement impractical. KnoWaterleak’s rapid adoption in Japan demonstrates its ability to tackle one of the world’s most urgent water infrastructure challenges. Tenchijin aims to extend the solution globally, enabling municipalities worldwide to use the platform that harnesses satellite data and AI to predict and prevent water infrastructure risks. Hashtag: #Tenchijin #KnoWaterleak #SatelliteTechnology #AI #Infrastructure #Sustainability #LeakageDetection #ESG #WaterLoss https://tenchijin.co.jp/?hl=enhttps://www.linkedin.com/company/tenchijin/https://x.com/tenchijin_prhttps://www.facebook.com/tenchijin.pr The issuer is solely responsible for the content of this announcement. About Tenchijin KnoWaterleak KnoWaterleak is an innovative platform that harnesses satellite data and AI to predict and prevent water infrastructure risks. The system analyzes space-derived data to identify potential leaks within 100-meter square zones, providing unprecedented insights through a 5-level risk evaluation system. Through continuous AI learning and data collection, the platform demonstrates efficiency in sustainable water management. This technology has earned recognition from Japan’s Ministry of Health, Labour and Welfare at the 7th Infrastructure Maintenance Grand Prize. About Tenchijin Inc. Tenchijin Inc. is a space-tech innovator leveraging satellite data and AI to detect hidden water infrastructure risks, predict potential leaks, and drive more sustainable, efficient water management through space-derived insights. Our flagship product, KnoWaterleak, combines satellite technology with advanced AI algorithms to proactively identify and prevent costly infrastructure failures, enabling organizations to manage their water systems more sustainably. Company Overview Company Name: Tenchijin Inc. Address: 5F, Nihonbashi 1-chome Mitsui Building, 1-4-1 Nihonbashi, Chuo-ku, Tokyo, Japan Representative: Yasuhito Sakuraba, CEO Business Content: Land evaluation consulting using satellite data Website: https://suido.tenchijin.co.jp/ For inquiries regarding the expansion of Tenchijin COMPASS KnoWaterleak globally: Asia Business Development Representative: [email protected]

SHANGHAI, CHINA – Media OutReach Newswire – 18 September 2025 – The 12th edition of the China Shanghai International Children’s Book Fair (CCBF) will take place from November 14-16, 2025, in Shanghai at the Shanghai World Expo Exhibition & Convention Center (SWEECC). As the leading event in the Asia Pacific region dedicated to children’s books and content, the 2025 CCBF is expected to host 500 exhibitors from over 35 countries and regions, with an anticipated attendance of more than 50,000 visitors across a 25,000-square-meter exhibition area. CCBF serves as a bridge between Eastern and Western children’s publishing, promoting Chinese original titles globally and showcasing emerging talent from China and the Asia-Pacific region. The fair provides a professional platform for publishers, agents, booksellers, illustrators, digital creators, and cross-media partners to connect, collaborate, and explore new business opportunities. CCBF 2025 is divided into two zones: the Copyright Zone and the Hybrid Zone. The Copyright Zone focuses on copyright exchange and international collaboration, open exclusively to industry professionals. The Hybrid Zone combines copyright activities with marketing, distribution, channel development, promotion, and retail. CCBF warmly welcomes global industry colleagues and all book lovers to join this vibrant celebration of children’s books! Highlights of CCBF 2025 This year, Belgium, Canada, France, Italy, Japan, Norway, Poland, Russia, South Korea, UAE, and the UK will have national pavilions. Featured areas like the BOP – Bologna Prize Lounge, Asia Pacific New Entry Lounge, and Rights Centre will return, alongside the Belt and Road Lounge for publishers from BRI partner countries. A new Cross Media Lounge highlights global projects such as BookGorae (South Korea), Frontiers for Young Minds (Switzerland), MakeMake Digital Library (Colombia), and Weltentdecker (Germany). The BOP Lounge features award-winning houses like Andersen Press (UK), Barefoot Banana (Thailand), Enchanted Lion Books (USA), and Fukuinkan Shoten (Japan). The Asia Pacific New Entry Lounge hosts Difference Engine (Singapore), Jiaxuan Publishing (Malaysia), Pepper Dog Press (Singapore), and Sekaibunkasha Group (Japan). Leading Chinese publishers—China Education Publishing, Shanghai Century Publishing, CITIC Press, 21st Century Publishing, Jieli Publishing, Phoenix Juvenile, New Buds, and Hunan Juvenile & Children’s Publishing—along with private publishers like Post Wave Kids, Little Bean, Lelequ, CheerFly Culture, and Jojo Reading, will participate in discussions and exchanges throughout the fair. Spotlight on New Books The new Spotlight on New Books will showcase 2025’s latest titles and features book launches, author signings, and rights-purchasing sessions. It provides a unique platform for visitors to acquire rights, forge partnerships, and connect directly with leading global children’s publishers. Leverage Professional Expertise and Discover Innovative Trends CCBF 2025 will host 17 professional conferences and seminars fostering cross-cultural exchange across the children’s content industry. A highlight is the International Children’s Reading Promotion Forum, supported by the Shanghai Press & Publication Administration and the International Board on Books for Young People (IBBY), which will gather global leaders, including Gvantsa Jobava (IPA President) and Basarat Kazim (IBBY President) to discuss best practices, digital innovation, and building safe, multicultural reading environments. Other sessions will feature the Award Winners’ Series, insights into Chinese and global book retail markets, and discussions on IP operations, AI in education, Asian children’s content, and innovative storytelling. A stellar lineup of distinguished guests—including Sydney Smith, winner of the 2024 Hans Christian Andersen Award for Illustration; Shinsuke Yoshitake, recipient of the Bologna Ragazzi Special Prize; Leo Timmers, eight-time winner of the Children’s and Youth Jury Award and recipient of the Bookpeacock Award; Alessandro Sanna, winner of multiple Premio Andersen awards; Øyvind Torseter, winner of the Bologna Ragazzi Award and Norwegian Book Art Prize; and Matthew Forsythe, Oscar-nominated artist—will be participating in the Fair. Children Plus: Comics CCBF will spotlight comics with the special exhibition Children Plus – COMICS: Exploring the World, One Bubble at a Time. The exhibition is divided into two sections: international and domestic. The international section is curated by an international team led by Grazia Gotti, Co-founder of the Giannino Stoppani Children’s Bookshop and the Accademia Drosselmeier, with Marina Lepore (Secretariat and Coordination, Cooperativa Giannino Stoppani/Accademia Drosselmeier) and Mariaelena Schiavo (Special Projects for BCBF and CCBF). The Chinese section is curated by Fei Jia, Senior Editor and Picture Book Researcher. The exhibition will showcase around 200 international titles, celebrating comics as an art form and a learning tool. A dedicated panel will explore this theme in depth. Emerging talent in Illustration The Golden Pinwheel Illustration Exhibition highlights 69 outstanding shortlisted works from the 2025 Golden Pinwheel Young Illustrators Competition, alongside the launch of the official Yearbook, bringing the latest in cutting-edge illustration to the public. The Illustrators Survival Corner, in partnership with Mimaster Illustrazione, will feature 11 masterclasses, 9 creative workshops, and 27 one-on-one mentorship sessions, empowering young illustrators to showcase their skills, improve their craft, and engage in valuable exchanges. Registration & Travel Info Professionals in children’s publishing, education, entertainment, and related fields can attend free of charge. Using the online matchmaking system, visitors and buyers can browse exhibitors and products, schedule pre-arranged meetings, and expand their professional networks. Visit www.ccbookfair.com/en or search “ccbookfair” for details. International visitors should apply for a visa in advance. China offers visa-free entry for 47 countries and a 240-hour transit visa-free policy for 55 countries. For further information or consultation on relevant visa exemption policies, please visit www.visaforchina.cn Media Contact Ms. Yvonne Sun T: +86-33683186*8044 | E: [email protected] Hashtag: #CCBF The issuer is solely responsible for the content of this announcement. About CCBF Approved by the Shanghai Press & Publication Administration, CCBF is organized by Shanghai Xinhua Distribution Group Co., Ltd., China Education Publishing & Media Group Ltd., and China Universal Press & Publication Co., Ltd., co-organized by Ronbo BolognaFiere Shanghai Ltd., and powered by the BolognaFiere Group. Since its debut in 2013, CCBF has grown into the leading fair for children’s content in the Asia Pacific region. In 2024, CCBF hosted 497 exhibitors from 32 countries and regions, with 41,263 visitors, including 17,081 professionals, attending over the three-day event. For more information, please contact: [email protected]

MUSCAT, OMAN – Media OutReach Newswire – 18 September 2025 – Business deals exceeding US $320 million was the target of Oman’s flagship technology and investment exhibition, COMEX 2025, making this year’s gathering from September 8 to 11, the most ambitious in the event’s 34-year history. “This is the biggest and most important event in Oman when it comes to trade, investment and business,” said Amr Baabood, CEO of the Arabian Research Bureau and organiser of the show. “We are focused on the future: digital transformation, artificial intelligence, and the technologies that will drive economic growth.” Record International Participation More than 35 countries are taking part, with government agencies, private companies, universities and start-ups presenting innovations in Artificial Intelligence (AI), blockchain, fintech, cybersecurity, logistics, and digital government services. Live-streamed sessions also enabled a global audience to follow key discussions with nearly 60 Omani government entities highlighting progress toward the nation’s Oman Vision 2040 master plan. “They’re demonstrating what has been achieved and how public–private partnerships can help realise our big vision,” Baabood noted. This was conceded by his Marketing Director, Huzaifah Ubaid Khan, who highlighted the show’s scale and strategic focus: “Our main theme is driving investment in tech with Oman, and we’ve built the event around five key growth ecosystems—digital transformation, AI and cybersecurity, e-sports and gaming, agriculture technology, and banking and fintech—all aligned with Oman Vision 2040,” he said. “With nearly 400 exhibitors overall, and an expected 100,000 visitors, COMEX has become the platform where investors, innovators and policymakers connect. “Oman’s historic trade links with Asia—from Malaysia and Singapore to Indonesia—make this the right time for Southeast Asian companies to explore opportunities here.” Khan also pointed to firsts that reflect the exhibition’s growing clout: a major China pavilion, strong GCC representation, and even an Oman Air aircraft carrying the COMEX logo—a national first. “We’ve taken bold steps in marketing and partnerships this year, and the response has been incredible,” he said. Technology for Every Sector Dedicated zones covered government e-services, banking and fintech, insurance technology, cybersecurity, and advanced logistics. Exhibitors showcased everything from telemedicine platforms and health-tracking apps to next-generation shipping and aviation monitoring systems. “Oman is globally recognised for its strong cybersecurity framework,” Baabood said. “We have the world’s leading companies here, ensuring data is as safe as possible.” A Gateway for Asia and Beyond Baabood also highlighted opportunities for Southeast Asian businesses—particularly from Malaysia, Singapore, Indonesia and the Philippines—to collaborate with Omani counterparts. “Oman’s location makes it a natural hub for the GCC, Africa and Europe,” he explained. “Asian countries lead in technologies such as semiconductors. We invite their companies to set up here and serve the wider region.” Sustainability and Green Energy Sustainability was also central to the show with Oman investing heavily in green hydrogen and renewable energy. Major companies at COMEX also demonstrated how digital tools—from drones to smart tracking—can cut environmental impact. “Digital transformation is not just about technology,” Baabood stressed. “It’s about people, skills and mindset.” Youth and Teamwork Despite his own youth, Baabood credits COMEX’s success to a “young, energetic team—most of them under 28 years old—and the strong support of experienced partners.” “Age is not a factor when everyone works together toward a common vision,” he said. Cybersecurity Front and Center Among the standout participants at COMEX was Dreamlab Technologies, unveiling a suite of locally developed cybersecurity tools aimed at strengthening digital sovereignty across the Middle East and beyond. “We are proud to present advanced solutions built in Oman by Omani professionals,” said Mohammed Al Mamari, General Manager of Business Development. “From our base in Muscat we are driving innovation that serves not only the Middle East but also international markets, making Oman a regional hub for cybersecurity solutions.” Government Innovation on Display Highlighting the public sector’s role, Sultan Al Subhi, representing Oman’s Ministry of Culture, Sports and Youth, showcased an eight-week national hackathon that recently earned a Guinness World Record for the longest digital government transformation project. “We opened 28 real-world challenges to anyone—regardless of age or nationality—and were amazed by the creativity,” Al Subhi said. “COMEX is the perfect platform to reveal these solutions because it brings the private sector, public sector and international innovators together under one roof.” Among the ministry’s prototypes are a multiplayer online version of traditional Omani games, a sports-complex maintenance platform, and Melody, a new social network and credentialing system for musicians. “We offer partners a safe sandbox to pilot technology live, plus access to Middle Eastern culture and markets,” Al Subhi added. Palestinian Tech Gains Momentum First timers at COMEX, Technology for Youth and Jobs Project (TechStart) which aims to increase economic opportunities for IT service firms in the West Bank and Gaza, brought 18 pioneering Palestinian IT firms ranging from semiconductor innovators to cybersecurity specialists. “In just the first two days, three of our companies signed MOUs or contracts with partners here in Oman—something almost unheard of at exhibitions like these,” said Feras Nasr, who co-leads the initiative with Farah J Said. “Our goal is to help Palestinian IT companies build capacity, secure market access and attract investors,” Farah added. “We see strong future opportunities in Southeast Asia—in Malaysia, Singapore and Indonesia—where the interest in Palestinian technology and the openness to collaboration are very encouraging.” Looking Ahead Moving forward, Amr Baabood envisions COMEX continuing to grow in both scale and quality. “It’s about the value and results for everyone—whether they come to learn, network, invest or simply experience Oman’s hospitality,” he said. “Our goal is to drive the nation’s digital economy from 2 percent to 10 percent of GDP and position Oman as one of the world’s most advanced, connected nations.” Hashtag: #COMEX2025 The issuer is solely responsible for the content of this announcement.

SYDNEY, AUSTRALIA – Media OutReach Newswire – 18 September 2025 – Beauty Amora, a fast-growing e-commerce platform offering a diverse range of beauty products from leading Asian brands. This Spring, Beauty Amora is launching three exciting offers to help customers refresh their skincare routines: Spring Glow-Up Sale, medicube Gift with Purchase and New Member Registration Offer. Promotion: Spring Glow-Up Sale – 14% Off Use code [BUSGS] to enjoy 14% OFF for selected categories: Moisturizer & Cream, Essence & Serum, Sunscreen, Facial Cleanser and 10% OFF for other items. Featured product: Beauty of Joseon – Relief Sun : Rice + Probiotic SPF50+ PA++++ Focuses on those products with moisturizing, strengthen the skin barrier and hydration. This is a new promotion for Spring. Beauty Amora would like to provide you with some skincare products for Spring in Australia with a discount. The weather in spring is relatively drier, so moisturizing is very important to skincare products. Promotion: medicube – Gift with purchase Purchase any medicube skincare devices, that can receive a gift. Gift: Medicube – Collagen Night Wrapping Mask – 75ml *For Limited Time Only & All free gifts are subject to availability on a ‘whilst stocks last’ basis. The wrapping mask use together with the medicube skincare device, to maximize the skincare effectiveness when you are sleeping. Promotion: New Member Registration – 15% Off on the first shopping Here is the promote code of new member registration for enjoyment the 15% off [BUFIRST] Provides special offers to new members, which would hopefully let people have a trial of our products and our platform, to experience the convenience and pleasant online shopping in Beauty Amora. Skincare products and procedures should not be burdens; everyone has the right to keep their face and the best status of their body. That’s why Beauty Amora provides different kinds of promotions, for those who want to have a quality of skincare products, everyone should focus more on skin care. Hashtag: #BeautyAmora https://www.beautyamora.com.au/https://www.facebook.com/beautyamora.officialhttps://www.instagram.com/beautyamora.official/ The issuer is solely responsible for the content of this announcement. About Beauty Amora Beauty Amora is dedicated to spotlighting the trendiest products from Asia, Beauty Amora offers 300+ of quality skincare and beauty brands to customers at the most affordable price.

HANOI, VIETNAM – Media OutReach Newswire – 18 September 2025 – Vingroup, Vietnam’s leading private conglomerate, has been honored as one of the “World’s Best Companies” by TIME magazine. Vingroup is the first and only Vietnamese company to be included on this elite global list, solidifying its reputation and standing on the international stage. The “World’s Best Companies 2025” ranking, compiled by TIME in collaboration with global data firm Statista, evaluates businesses on three key criteria: Revenue Growth, Employee Satisfaction, and in-depth analysis of Sustainability (ESG). Vingroup, as the first Vietnamese enterprise to meet the rigorous selection standards, demonstrated a strong performance across all three metrics. With a total score of 77.06, the conglomerate secured the 817th position among the top 1,000 companies worldwide. In the Revenue Growth category, Vingroup was ranked “Very High”. The Group’s total assets exceeded 958.235 trillion VND as of June 30, 2025. Its consolidated net revenue and after-tax profit for the first half of 2025 reached nearly 130.476 trillion VND and 4.540 trillion VND, respectively, representing a 103% increase in revenue compared to the same period the previous year. For Employee Satisfaction, Vingroup ranked 894th globally. The Group has cultivated a dynamic work environment that fosters dedication, innovation, and engagement, with a strong emphasis on professional and personal development. Vingroup has consistently topped the “Best Places to Work in Vietnam” lists by independent evaluation organizations. In the Sustainability category, Vingroup’s significant contributions to societal development, both within Vietnam and on a global scale, distinguished it from many other major international brands. Vingroup has become a model for sustainable economic and social development, particularly through its leadership in the global green mobility revolution. Madam Le Thuy, Vice Chairwoman of Vingroup and Chairwoman of VinFast, stated: “Being named one of TIME’s ‘World’s Best Companies 2025’ is not only a testament to our tireless efforts but also a recognition of Vingroup’s credibility, transparency, and global standing. This will motivate us to continue our commitment to sustainable growth, fostering a progressive work culture, and making a positive impact on the community and society for a better future for all.” This recognition follows two consecutive years of accolades for VinFast, a Vingroup subsidiary, which was previously named to TIME’s “100 Most Influential Companies 2024” and “Asia-Pacific’s Best Companies of 2025” lists. In the latter, VinFast was recognized as one of the companies “shaping the region’s position on the global economic map.” Founded 101 years ago, TIME is a leading global magazine headquartered in New York. With its worldwide presence and deep, objective analysis of political, economic, cultural, and scientific events, TIME holds significant influence in shaping public discourse. Its lists and rankings are widely regarded as authoritative and credible worldwide. Hashtag: #Vingroup The issuer is solely responsible for the content of this announcement. About Vingroup Vingroup is a leading private economic conglomerate in the region, with a workforce of 200,000 employees. Its operations extend beyond Vietnam to international markets including North America, Europe, India, the Middle East, and Southeast Asia. The Group’s five core pillars are Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, and Social Enterprises. Vingroup offers a diverse ecosystem of products and services, from electric cars, e-scooters, and robots to artificial intelligence, entertainment, tourism, real estate, retail, healthcare, education, transportation, and renewable energy. Six Vingroup brands, Vinhomes, VinFast, Vinpearl, Vincom Retail, Vinschool, and Vinmec, were recently named to the “Top 100 Most Valuable Brands in Vietnam” list by global brand valuation firm Brand Finance.

Award-winning innovation set to deploy 500 units islandwide; transformation of healthy juice-on-the-go for millions SINGAPORE – Media OutReach Newswire – 18 September 2025 – iBoozee, an ASEAN Award-winning innovator in the food and beverage technology sector, today marked a new milestone in its expansion with the unveiling of its Smart Robotic Mixed Fruit Juice and Apple Machines in Singapore. Building on over a year in the market, this launch reaffirms iBoozee’s leadership in redefining healthy, on-the-go choices through freshness, innovation, and lifestyle convenience. iBoozee, the ASEAN award-winning innovator, redefines freshness with its breakthrough Automated Dual Fruit Juice Machine. The iBoozee vending machines are the first in Asia to feature Dual Fruit Dispensing Technology, allowing customers the experience of enjoying either pure apple juice, orange juice, or a customised mix—all freshly pressed on demand. Each serving contains the equivalent of 3-4 of an apple or orange, with no added sugar, water, or preservatives, making this an excellent lifestyle choice for anyone living in a city with a hectic pace and who yet want the best and freshest to stay fit and sharp. Healthy Convenience, Powered by Smart Tech More than just machines, iBoozee deliver: Robotic Processing Technology: Fruits are washed, cut, squeezed, and served in real time, with a transparent process customers can watch. Smart IoT Monitoring: Operators receive live data on sales, inventory, and machine performance, ensuring consistent quality and uptime. Cashless Transactions: Fully integrated with PayNow, NETS, cards, and e- wallets for a seamless, hygienic experience. Food Safety & Hygiene: Self-cleaning cycles and airtight storage ensure all its fruits are kept fresh, in tip-top condition and safe for consumption. Says Mr Deric Yeo, Group Chief Operating Officer of iBoozee: “We believe that true wellness shouldn’t be complicated or costly. In the midst of a hectic day, a healthy choice should be the easiest one to make. Hence, we created our Smart Robotic Mixed Fruit and Apple Juice: to offer a drink that is not only refreshing and affordable but genuinely better for you. For the student sprinting to class, the professional powering through an afternoon, or the parent needing a nourishing moment—this is for you. iBoozee is our commitment to making wellness convenient, accessible, and within everyone’s reach.” With an ambitious goal of deploying 500 units across Singapore by end 2027, iBoozee is truly poised to become the nation’s largest provider of smart robotic juice machines. The initial roll-out of these machines will include high traffic locations to maximise visibility and convenience. Commercial buildings like offices and shopping malls, public transportation hubs and high-impact neighbourhoods like the Central Business District will be the first to enjoy these smart robotic juice machines. iBoozee’s future-ready machines are already present in Malaysia and concrete plans for expansion are in place for key markets like Indonesia and the Philippines. Opportunities for Entrepreneurs Beyond healthy living, iBoozee is opening the door to entrepreneurship through licensing opportunities. The model is designed to be accessible for working professionals, aspiring entrepreneurs, and retirees, supported by real-time data analytics that optimise machine placement and performance. “As Singapore embraces cashless convenience and healthier living, iBoozee is setting a new benchmark for the vending industry,” said Mr Yeo. “We are not just offering juice—we are offering an entrepreneurial lifestyle opportunity, where partners can grow with us in this next wave of smart retail.” Showcasing at Franchise & Licensing Asia 2025 iBoozee will showcase its latest machines at the Franchise & Licensing Asia Expo (Marina Bay Sands, 18–20 September 2025), inviting franchise partners and investors to join its vision of making healthier choices available 24/7 across Singapore. Hashtag: #iBoozee #JuiceMachines The issuer is solely responsible for the content of this announcement. About iBoozee iBoozee is a proud Singapore brand and ASEAN Award-winning innovator in the F&B vending sector, pioneering Asia’s first Smart Robotic Dual Fresh Fruit Juice Machine. By merging cutting-edge technology with health-conscious living, iBoozee delivers fresh, hygienic, and convenient juice solutions while empowering entrepreneurs through scalable licensing opportunities.

HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Hong Kong’s Chief Executive, John Lee, today (September 17) announced his fourth Policy Address, unveiling a range of initiatives to strengthen both established and emerging industries, attract overseas investment and talent, support Mainland China enterprises to “go global” and improve people’s livelihood. Hong Kong SAR’s Chief Executive John Lee’s fourth Policy Address is themed “Deepening Reforms for Our People Leveraging Our Strengths for a Brighter Future”. “The well-being of our people is intimately linked to the health of our economy, making economic growth the key driver of livelihood improvement,” Mr Lee said. Entitled “Deepening Reforms for Our People Leveraging Our Strengths for a Brighter Future”, the Policy Address initiatives are well aligned with the city’s competitive advantages under the “One Country, Two Systems” principle, Mr Lee said. “With an ever‑expanding influence internationally, Hong Kong is rated the world’s freest economy, as well as an advanced and business‑friendly city. These fully demonstrate the notable institutional strengths and great vitality of ‘One Country, Two Systems’,” he added. The Chief Executive said the development of the Northern Metropolis, an area that borders the Mainland and accounts for about one-third of Hong Kong’s total area and population, was a “new engine for Hong Kong’s economic development and holds immense potential.” To accelerate its development, a new Committee on Development of the Northern Metropolis will be set up, chaired by the Chief Executive, with a view to raising the level of decision-making. Administrative workflows will be streamlined, while unnecessary barriers and restrictions will be removed. Additionally, dedicated legislation will be introduced to empower the Government to devise simplified statutory procedures for accelerating the development of the Northern Metropolis. On industry development, Mr Lee said that artificial intelligence (AI) was “a key driving force”. “With our advantages in scientific research, capital, data and talent, together with abundant use cases, Hong Kong is poised to become a global hub for AI development,” Mr Lee said. The Government has launched the HK$3 billion (about US$386 million) Frontier Technology Research Support Scheme to help funded universities attract international top‑notch scientific researchers in AI and other fields to Hong Kong to spearhead basic research in frontier technologies, Mr Lee added. Hong Kong has an advantage in internationalisation and possesses strong scientific research capabilities, with various universities participating in national aerospace projects. This, coupled with financing advantages, allows Hong Kong to promote the development of aerospace science and technology, supporting the space economy. To attract more investment from the Mainland and overseas, Mr Lee announced that the Government would formulate preferential policy packages, that would include incentives such as land grants, land premiums, financial subsidies, and tax incentives, to attract high value‑added industries and high‑potential enterprises to set up in Hong Kong. New industrialisation-related industries, such as aircraft recycling and new energy, will also be attracted and developed. The Government will foster the development of the life and health technology industry and set up the Hong Kong Centre for Medical Products Regulation, helping pharmaceutical companies bring innovative drugs to the market. To consolidate Hong Kong’s status as an international hub and integrate into overall national development, the Policy Address proposed a range of initiatives to support development of core industries. Regarding financial services, the Government will expedite the building of a premier international gold trading market by supporting more institutions to establish gold storage facilities in Hong Kong, with a target gold storing capacity of over 2 000 tonnes in three years, propelling Hong Kong into a regional gold reserve hub. The Government will also encourage gold traders to set up or expand refineries in Hong Kong, establish a central clearing system for gold in Hong Kong, and offer a greater variety of gold investment vehicles. Hong Kong is expected to become the world’s largest cross-boundary wealth management centre in the next few years. The Government will enhance the New Capital Investment Entrant Scheme to attract more investors by lowering the transaction price threshold for residential properties from HK$50 million (about US$6.43 million) to HK$30 million (about US$3.86 million). To propel Hong Kong towards becoming an international hub for post-secondary education and high-calibre talents, the Government will construct the Northern Metropolis University Town and establish the Task Force on Study in Hong Kong to promote the “Study in Hong Kong” brand. Hong Kong is among the world’s top three art trading centres. The Government will step up efforts to build Hong Kong into a global premium arts trading hub by developing an arts ecosystem at the Airport City, deepening collaboration with Art Basel, and engaging the industry to carry out studies on taxation, financing, talent, and related areas of art trading. Mr Lee concluded, “Hong Kong faces challenges and is also presented with continuing opportunities amid the changing world. Our country, the world’s second-largest economy, is our staunchest supporter and the source of our biggest opportunities. Combined with Hong Kong’s international prospects, our opportunities far outweigh the challenges. By working together, innovating, and embracing reform, we will turn our beloved Hong Kong into an even better home for everyone. The Pearl of the Orient will keep shining brighter than ever before.” Hashtag: #hongkong #brandhongkong #policyaddress #reform #strength https://www.brandhk.gov.hk/https://www.linkedin.com/company/brand-hong-kong/https://x.com/Brand_HK/https://www.facebook.com/brandhk.isdhttps://www.instagram.com/brandhongkong The issuer is solely responsible for the content of this announcement.