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KPJ Healthcare Launches First Neuroscience and Stroke Centre of Excellence at DSH2 under KPJ Health System

KUALA LUMPUR, Malaysia, March 5, 2026 /PRNewswire/ -- KPJ Healthcare Berhad ("KPJ Healthcare" or "the Group") today launched its first Neuroscience and Stroke Centre of Excellence ("CoE") at Damansara Specialist Hospital 2 ("DSH2"), marking the second Centre of Excellence established under the KPJ Health System ("KPJHS") and expanding the Group's specialised capability in complex neurological and stroke care. [Sixth from Left] YBhg. Datuk Syed Mohamed Syed Ibrahim, President and Chief Executive, Johor Corporation (JCorp) and Chairman of KPJ Healthcare University together with [Sixth from Right] Mr Chin Keat Chyuan, President and Managing Director of KPJ Healthcare, [Fifth from Left] Prof Dato’ Dr Hanafiah Harunarashid, Chief Medical Director of KPJ Healthcare, [Fifth from Right] Dr Nor Liyana Khairuddin, Chief Executive Officer of Damansara Specialist Hospital 2 and Consultants of DSH2 taking a commemorative photo at the DSH2 Neuroscience and Stroke Centre of Excellence launch. The establishment of the Neuroscience and Stroke CoE advances KPJHS by extending structured clinical pathways into high-acuity specialties that require rapid coordination across emergency care, imaging, intensive care and rehabilitation. This development reflects the Group's continued focus on strengthening specialised services while maintaining consistent standards of care across its network. The Centre brings together multidisciplinary teams across neurology, neurosurgery, emergency medicine, radiology, intensive care and rehabilitation within a coordinated system designed for neurological emergencies. This integrated model enables faster decision-making, timely intervention and continuity of care throughout the critical stages of stroke treatment and recovery. Datuk Syed Mohamed Syed Ibrahim, President and Chief Executive of Johor Corporation (JCorp) and Chairman of KPJ Healthcare University said, "The establishment of this Centre of Excellence marks another important step in our journey to build the KPJ Health System as a fully integrated ecosystem that connects hospitals, education and research. By strengthening clinical protocols, advancing innovation and continuously benchmarking ourselves against global leaders, we are building a system that delivers better outcomes for patients while remaining future-ready. Our aspiration is clear: to ensure KPJ Healthcare not only keeps pace with global standards, but steadily positions itself among the institutions shaping the future of healthcare in the region." Chin Keat Chyuan, President and Managing Director of KPJ Healthcare said, "This Centre strengthens our operational capability in managing complex neurological emergencies within a coordinated system framework. By aligning specialised facilities, clinical expertise and structured governance, we ensure timely intervention and continuity of care in line with our commitment to Care for Life." The DSH2 CoE delivers an integrated stroke pathway from immediate activation in the Emergency Department through hyperacute intervention, critical care and structured early rehabilitation. The Centre provides 24-hour access to advanced CT and MRI imaging, as well as mechanical thrombectomy services to remove blood clots in acute stroke cases. DSH2 has achieved door-to-needle thrombolysis, a clot-dissolving treatment for eligible patients, within 60 minutes through coordinated hyperacute workflows aligned to international benchmarks. The Centre aligns its protocol-driven stroke and critical care with evidence-based medicine and Mayo Clinic Care Network ("MCCN") standards, including adoption of the CERTAIN ("Checklist for Early Recognition and Treatment of Acute Illness and Injury") critical care framework to support standardised ICU workflows and structured clinical oversight in managing complex neurological emergencies including stroke Through its MCCN membership, DSH2 also has access to clinical benchmarking resources and knowledge exchange that support continuous quality improvement in stroke and neurological care. Rehabilitation begins early within the acute phase and involves personalised neurorehabilitation supported by standardised clinical assessments, a dedicated Activities of Daily Living ("ADL") Lab and robotic-assisted therapy to support functional recovery and long-term independence. A dedicated Stroke Nurse Navigator provides a single point of coordination for patients and families, ensuring continuity from emergency admission through rehabilitation and post-discharge follow-up. Beyond acute stroke care, the Centre strengthens subspecialty capability in movement disorders and Parkinson's disease, supported by neurology and neurosurgery expertise and future Deep Brain Stimulation capability. SMART Ward features and PACS-enabled digital integration support real-time monitoring, documentation and multidisciplinary coordination. The CoE framework serves as a reference model for neuro and stroke service development across the KPJ network. Beyond clinical services, the Centre supports structured education and training initiatives and contributes to clinical research in neurology and stroke management under KPJHS. It also supports the ongoing development of digitally enabled stroke care solutions in collaboration with KPJ Healthcare University, reinforcing the Group's commitment to advancing innovation in neurological care. The launch forms part of KPJ Healthcare's roadmap to establish 15 Centres of Excellence by 2030 under KPJHS. ENDS About KPJ Healthcare Berhad KPJ Healthcare operates 30 hospitals across Malaysia and four Ambulatory Care Centres, serving 3.3 million patients annually with 1,491 medical consultants. Nineteen hospitals are accredited by MSQH and four by JCI. As Malaysia's first private healthcare provider to establish an Academic Health System, KPJHS integrates practice, education and research & innovation to drive clinical excellence and patient experience. Beyond hospitals, KPJ Healthcare operates Klinik Waqaf An-Nur (KWAN) clinics, dialysis centres and mobile clinics nationwide, and offers more than 40 academic programmes at KPJ Healthcare University (KPJU). KPJ Healthcare has been a constituent of the Bursa Malaysia FTSE4Good Index since 2016.

2026-03-05

Huawei Launches AI Data Platform to Bridge Models and Business Value

BARCELONA, Spain, March 5, 2026 /PRNewswire/ -- At the Huawei Product & Solution Launch during MWC Barcelona 2026, Yuan Yuan, President of Huawei Data Storage Product Line, officially launched Huawei's AI Data Platform. The platform integrates technologies of knowledge generation and retrieval, KV cache for inference acceleration, memory extraction and recall, as well as Unified Cache Manager (UCM). It bridges the gap between models and business value. Yuan Yuan, President of Huawei Data Storage Product Line, delivering a keynote speech Despite rapid AI advancement, most AI models have not been thoroughly integrated into core services. This is largely due to more focus on training than inference, which is the key to model adoption. Improved data processing is needed to address challenges like AI hallucinations, slow response, and throughput constraints in inference. Huawei Data Storage officially launched a "3+1" AI Data Platform to tackle these challenges: Knowledge generation and retrieval with high-accuracy multimodal knowledge for more accurate retrieval It converts multimodal resources into high-accuracy knowledge through multimodal lossless parsing and token-level encoding, ensuring a retrieval accuracy of over 95%. KV cache for inference acceleration using historical memory data for faster and more efficient inference It applies intelligent tiering and management for KV cache to greatly expand the context window and reduce repeated computing. This results in a 90% reduction in time to first token (TTFT), significantly improving the speed of AI responses. Memory extraction and recall with context memory management for making models smarter with use It can accurately extract historical data and experience, and accumulate them into recallable memories. This memory mechanism makes models smarter with use. UCM for managing and scheduling memory data throughout the lifecycle It manages memory data at three cache levels to intelligently schedule the knowledge base, KV cache and memory bank. The Huawei AI Data Platform provides the appliance mode for greenfield deployment and independent mode for evolving deployment. The appliance mode uses the OceanStor A800 system. This ensures ultimate performance and flexible scalability. The independent mode uses the architecture of AI data engine nodes + OceanStor Dorado storage. Data engine nodes can be added to upgrade existing systems, protect prior investments, and enable smooth AI transformation for businesses. "Huawei will continue to deepen technological innovation. With the AI Data Platform serving as a bridge, we will transform model capabilities into real business value," said Yuan Yuan. Contact: Zoe Yin, yinzijun@huawei.com

2026-03-05

Now Open: 1 Hotel Tokyo--A Nature-Infused Urban Sanctuary

Biophilic design, Japanese craftsmanship, and planet-first hospitality come together in Tokyo's highly anticipated landmark debut. TOKYO, March 5, 2026 /PRNewswire/ -- 1 Hotels, the mission-driven luxury lifestyle brand founded by hospitality visionary Barry Sternlicht, is proud to announce the official opening of 1 Hotel Tokyo, the brand's first property in Japan. Now welcoming guests, the hotel is a sanctuary in the sky, set high within the Akasaka Trust Tower, offering sweeping views of the Imperial Palace gardens, Tokyo Tower, and the city skyline. The property brings 1 Hotels' signature nature-led design, trailblazing food and beverage concepts, wellness-forward experiences, and a luxuriously sustainable ethos to one of the world's most dynamic cities. Now Open: 1 Hotel Tokyo—A Nature-Infused Urban Sanctuary Credit: Mikkel Vang The property is the result of a collaboration between 1 Hotels and Mori Trust—one of Japan's leading real estate developers—and anchors Tokyo World Gate Akasaka, a next-generation mixed-use hub that combines offices, retail, and culture in a pedestrian-friendly setting. Akasaka is an ideal base for exploring all that Tokyo has to offer, placing guests at the center of the city's cultural and commercial energy. From here, iconic neighborhoods such as Ginza, Roppongi, and Shibuya are easily accessible, while nearby parks, shrines, and embassies lend the district a distinctive mix of international presence and local character. Japan has long embraced a philosophy of living in harmony with nature, where craftsmanship, restraint, and respect for materials are woven into daily life. That sensibility finds a natural counterpart at the 211-room 1 Hotel Tokyo, which is designed as a calming retreat that connects guests to nature through sustainable materials, curated greenery, and tactile, crafted details. "In my travels to Japan over the decades, I've been struck by the extraordinary beauty of its gardens, the serenity of its parks, and the enduring respect for nature. Even amid the modern architecture and commotion, there's a sense of peace," says Barry Sternlicht, Founder of 1 Hotels and Chairman of Starwood Hotels. "With the design of 1 Hotel Tokyo, our first property in this amazing city, we wanted to capture some of that harmonious tranquility." "Tokyo World Gate Akasaka was conceived as a district that brings together business, culture, and green space in a way that reflects Tokyo's future," says Miwako Date, President and CEO of Mori Trust. "1 Hotel Tokyo strengthens that vision by introducing a hospitality experience centered on environmental performance and design integrity. We believe the hotel will contribute meaningfully to Akasaka's evolution and to Tokyo's continued growth as a global destination." A Nature-Led Design Journey, from Street to Canopy Spanning the 38th through 43rd floors of the Akasaka Trust Tower, the hotel pairs expansive city views with an immersive design language shaped by Japan's reverence for materials and 1 Hotels' signature biophilic design philosophy. "Designing 1 Hotel Tokyo was about finding harmony between our brand philosophy and Japan's extraordinary culture of materiality and craft," says Raul Leal, CEO of Starwood Hotels. "From the thoughtful use of reclaimed materials to the operational rigor that enabled us to achieve Japan's highest environmental certification, this hotel demonstrates how design excellence and sustainability can elevate one another at the highest level of luxury." The interiors were developed by global architecture and design studio CRÈME, which envisioned the hotel as a refuge within the skyline, unfolding from the moment guests arrive. At street level, a wall of greenery signals a quiet transition away from the city's kinetic energy. The ascent becomes part of the narrative, with guests moving upward as if traveling along the trunk of a tree and emerging into a lush canopy upon arrival at the 38th-floor lobby. Organic cues are embedded throughout the property, from wood ceiling details that evoke the bark of trees to subtly textured walls that recall the movement of air. A signature Oya stone wall nods to the stonework around the moat of the Imperial Palace, connecting the hotel's design to Tokyo's landscape and history. Greenery is central to the experience, reflecting 1 Hotels' ethos of bringing the outdoors in. Lush walls, abundant plantings throughout public spaces, and layouts that emphasize the views create a sense of immersion in the heart of the city. The hotel features 211 guestrooms, including 24 suites with three exclusive penthouses. The nature-led sensibility blends Japanese minimalism with modern comfort. Rooms showcase biophilic art made of preserved moss and recycled pallets, locally crafted décor, and curated greenery, while select rooms frame views of the Imperial Palace gardens and Tokyo's skyline. Dining That Evolves with the Day At 1 Hotel Tokyo, dining is a defining part of the experience, shifting in mood and energy from morning through late night. Three distinct venues—NiNi, Spotted Stone, and Neighbors Café—draw both locals and travelers into spaces that foster connection, comfort, and a sense of belonging. NiNi is led by Head Chef Nikko Policarpio, whose experience spans Michelin-starred restaurants in Tokyo and senior roles within David Chang's Momofuku group in Toronto. NiNi (which translates to "TwoTwo" in Japanese) is shaped by two coasts and two cultures, combining the relaxed elegance of the French Riviera with Japanese refinement. The menu highlights Provençal herbs, olive oil, fresh seafood, and citrus, reimagined through Japanese seasonality and attention to detail. A defining element of the kitchen is its use of a Josper Grill Oven, still rare in Japan. Fueled by natural charcoal, the technique draws out the character of meat, seafood, and vegetables without overpowering their nuance. One of the signature dishes is Maguro Tartare, built on a classic French framework and gently accented with Japanese aromatics. Desserts reflect the flavors of the South of France, including a reinterpretation of the classic French baba made with Japanese black tea syrup and orange liqueur in place of rum. On weekends, NiNi evolves into a relaxed space with brunch highlights like a grand, Riviera-inspired seafood plateau. A seasonal afternoon tea, created in collaboration between Executive Pastry Chef Fumitake Goji and Chef Policarpio, is presented in an original wooden box. At NiNi, there's also an intentional sonic experience, with music curated to complement the cuisine and the moment—laid-back by day, rhythmic and sensual by night. Spotted Stone brings a distinct Tokyo perspective to cocktail culture. This destination bar dedicated to Japanese craft gin showcases a collection of nearly 100 varieties, making it one of the largest and most eclectic in the city. It's curated like a living library, organized by botanicals, distillation methods, and the philosophies behind each spirit. Guests are invited to explore Japan through gin, one pour at a time. By day, Spotted Stone offers a relaxed lounge setting for light bites. As the evening unfolds, the atmosphere deepens with cocktail rituals and conversation. A sculptural, cloud-shaped back bar glows softly against textured walls, reinforcing the hotel's organic design language. Music programming adds another layer of energy, with resident DJs and international guest takeovers, including vinyl sets. Neighbors Café is a grab-and-go café inspired by the concept of neighborhood and community. Guests can enjoy artisan-brewed coffee, premium teas, and wholesome food and sweets. The café also features menu items from The Matcha Tokyo, the Harajuku-based brand dedicated to organic matcha, alongside snacks from nearby small businesses. Designed to serve travelers, residents, and nearby office workers alike, Neighbors Café provides nourishing options that fit naturally into daily life. From intimate meetings to milestone celebrations, 1 Hotel Tokyo offers more than 460 square meters (5,000+ square feet) of flexible venues, including the Sakura and Camellia event spaces and three private dining rooms, all located on the 38th floor. Flooded with natural light and framed by dramatic views of Tokyo Tower and Tokyo Bay, the Sakura and Camellia rooms bring the hotel's nature-led sensibility to gatherings of every scale. Through 1 Hotel's Certified Sustainable Gatherings program, events are supported by zero-waste planning, local sourcing, and real-time environmental reporting. A Wellness Sanctuary Above the City Wellness is central to the 1 Hotel Tokyo experience. Bamford Wellness Spa is a restorative sanctuary created in partnership with Carole Bamford, a pioneer in organic, sustainable, and holistic living. Here, carefully curated facial and body treatments are devoted to nurturing well-being through targeted, holistic methods. Treatments incorporate modalities such as shiatsu, reflexology, acupressure, assisted stretching, and yogic breathing, drawing on ancient traditions and modern therapeutic approaches. Signature offerings include the 1 Hotel Tokyo Experience, a bespoke ritual that combines a grounding foot ritual, a restorative massage, and an expert facial using Bamford skincare tailored to individual needs. The Japanese Bamboo Massage draws inspiration from local wellness rituals, using smooth Kyoto bamboo tools and a green tea–infused oil to encourage circulation, ease muscular tension, and support lymphatic flow. Another highlight is the Green Tea Healing Facial, which draws on premium organic Japanese skincare and pressure-point work to release tension, support lymphatic flow, and restore radiance. Additional wellness features include The Field House, a 24-hour movement space outfitted with Technogym equipment and a range of fitness classes. Guests can also unwind in a light-filled indoor pool, with access to an outdoor deck where greenery supports pollinators, creating a micro-ecosystem in the urban landscape. A Living Commitment to Sustainability 1 Hotel Tokyo reflects Starwood Hotels' long-standing commitment to planet-first hospitality, paired with Japan's own tradition of mindful living, where craft and stewardship of resources are an integral part of the culture and continue to shape everyday life. Sustainability has informed 1 Hotel Tokyo's design and operations from the ground up. The hotel has achieved CASBEE S certification, Japan's highest rating for environmental performance. Smart efficiency systems and extensive water conservation measures support low-impact operations, while refill stations help reduce single-use plastics. Throughout the property, reclaimed, responsibly sourced, and local materials reinforce a sense of authenticity, history, and place, reflecting 1 Hotels' belief that thoughtful design and meaningful comfort can, and should, coexist. Extending that commitment beyond the property walls, 1 Hotel Tokyo also features the Audi Electric Vehicle Experience, offering guests complimentary access to a fully electric Audi Q6 e-tron for exploring the city with zero-emission performance. Experience 1 Hotel Tokyo Now open in Akasaka, 1 Hotel Tokyo is a sanctuary above the skyline, where nature, craft, and well-being converge—from sunrise swims and spa rituals to late-night gin martinis with amazing city views. Discover Tokyo through a new lens at 1hotels.com/tokyo. ABOUT 1 HOTELS As a mission-driven luxury lifestyle hotel brand inspired by nature, 1 Hotels cultivates the best of sustainable design and architecture, together with extraordinary comfort and an unrivaled level of service. With properties among some of the first to receive the prestigious MICHELIN Key distinction, 1 Hotels is inspired by a simple idea: those who travel the world should also care about it. It is, after all, 1 world. 1 Hotels launched in 2015 with the opening of exclusive properties in Miami's South Beach and Manhattan's Central Park, followed by Brooklyn, located on the East River in February 2017; West Hollywood on Sunset Boulevard in June 2019; Toronto in 2021; San Francisco and Nashville in 2022; in 2023, the Hanalei Bay (Kauai) flagship property and Mayfair (London), the brand's first European property; Seattle, Melbourne (Australia) and Copenhagen in 2025; and Tokyo in 2026. The brand is expanding with properties under development in Cabo San Lucas (Mexico), Paris, Elounda Hills (Crete), Austin (Texas), Riyadh (Saudi Arabia), San Miguel de Allende (Mexico) and Hudson Valley (NY). Additional information can be found at 1hotels.com. ABOUT STARWOOD HOTELS Starwood Hotels, an affiliate of global private investment firm Starwood Capital Group, is a sustainable hotel brand management company that operates 1 Hotels, a nature-inspired lifestyle brand that launched in 2015 with properties in South Beach (Miami) and Manhattan and includes Brooklyn Bridge (New York City), West Hollywood (Los Angeles), Toronto, San Francisco, Nashville, the Hanalei Bay (Kauai) flagship property, the brand's first European property in Mayfair (London), Seattle, Melbourne (Australia), Copenhagen, and Tokyo with projects in development in Cabo San Lucas (Mexico), Paris, Elounda Hills (Crete), Austin (Texas), Riyadh (Saudi Arabia), San Miguel de Allende (Mexico) and Hudson Valley (New York); Baccarat Hotels & Resorts, a luxury brand that made its debut in March 2015 with the opening of its flagship property in New York City, with projects under development in Rome, Florence, Dubai, Riyadh (Saudi Arabia), Brickell (Miami), and the Maldives; and Treehouse Hotels, which premiered in London in 2019 and now includes Manchester (UK) and Silicon Valley (California), with projects under development in Brickell (Miami), Adelaide (Australia), Riyadh (Saudi Arabia), and Miami Beach. Leveraging its marketing, design, operational, and technological expertise, Starwood Hotels is the force behind some of the most groundbreaking and dynamic hotel brands in the world. Additional information can be found at starwoodhotels.com. ABOUT MORI TRUST MORI TRUST CO., LTD. is a comprehensive real estate developer engaged in large-scale mixed-use development mainly in Tokyo's central districts and its hotel and resorts business nationwide. Centered on its three businesses of real estate, hotels and resorts, and investment (Japan and overseas), the company has developed 52 buildings, residences, and commercial facilities and 34 hotel and resort facilities in Japan and overseas as of March 2025. MORI TRUST will continue to promote projects that enhance Japan's international competitiveness through urban development, hotel development that preserves and utilizes historical buildings that serve as tourism attractions and other efforts. Additional information can be found at mori-trust.co.jp/english/ Media Contact:Elizabeth Traubelizabeth@ejmediagroup.com Bar Area at 1 Hotel Tokyo Credit: Mikkel Vang NiNi, a contemporary Tokyo dining destination, shaped by the idea of Two Two. Credit: Mikkel Vang Panoramic Tower Suite at 1 Hotel Tokyo Credit: Mikkel Vang 1 Hotel Tokyo Skyline Suite Credit: Mikkel Vang Spa at 1 Hotel Tokyo Credit: Mikkel Vang

2026-03-05

Huawei and SOLUM Unveil Shop-in-Shop Smart Converged Network Solution to Accelerate Retail Intelligence

BARCELONA, Spain, March 5, 2026 /PRNewswire/ -- During MWC Barcelona 2026, Huawei and SOLUM jointly released the Shop-in-Shop (SiS) Smart Converged Network Solution. This solution draws on a unified retail infrastructure platform, integrating digital infrastructure and electronic shelf labels (ESLs). This innovative approach creates a scalable, cost-effective architecture that allows global retailers to set up simplified and efficient store networks. Hoy-Jin Lee, Senior Vice President of SOLUM Europe Building upon their previous collaboration on the IoT AP convergence solution, SOLUM and Huawei have now deepened their partnership to offer the SiS Smart Converged Network Solution for shop-in-shop retailers within high-traffic environments like large shopping malls, airports, train stations, and exhibition centers. This innovative solution ensures seamless integration between SOLUM's Newton ESLs and digital signage. Specifically crafted for enterprises seeking standalone, infrastructure-free solutions, such as pop-up shops, dining establishments, and branded specialty stores, the solution enables real-time content updates, efficient management, and effortless system scalability through a singular device setup. This solution employs a unified gateway that works with LTE, Wi-Fi, and ESLs, eliminating the need for ESL-dedicated APs. It supports pre-integration and plug-and-play deployments, alongside an independent, secure network architecture. This enables retail stores to cut their total cost of ownership (TCO) by 55%, with savings reaching up to 33% for larger outlets. With this solution, retail stores can deploy digital touchpoints effortlessly without any infrastructure dependency, enabling headquarters to manage everything remotely. Adaptable as and when needed, the solution shows its strength with responsiveness within milliseconds, allowing retailers to synchronize promotional updates across global stores in real time, wherever they may be. Hoy-Jin Lee, Senior Vice President of SOLUM Europe, a leading global retail solutions provider, said, "We have jointly developed an All-in-One Retail Infrastructure Platform, unifying digital infrastructure and ESLs into one scalable, cost-efficient architecture. This solution can help retail stores significantly reduce operational costs." This newly launched solution is a crucial component of Huawei's smart retail offerings. Moving forward, Huawei will continue to collaborate with SOLUM on innovation, jointly exploring AI applications within stores, delving deeper into retail, and accelerating the industry's digital and intelligent transformation.

2026-03-05

BEYOND Expo 2026 Unveils "AI: Digital to Physical" as Its Official Theme

Bringing together the full spectrum of AI innovation and global opportunity at Asia's largest tech & innovation ecosystem expo MACAU, March 5, 2026 /PRNewswire/ -- BEYOND Expo today announced its official theme for 2026: "AI: Digital to Physical," defining the event as Asia's most influential platform for the full spectrum of artificial intelligence — spanning breakthrough innovation and global opportunity in one integrated ecosystem. The theme reflects BEYOND Expo's unique ability to showcase the most dynamic frontiers of AI innovation, including areas such as Humanoid Robotics & Embodied AI, Enterprise Agentic Workflows, Vertical-Specific AI SaaS, AI-Integrated Wearables & Smart Glasses, Autonomous Driving & Intelligent Mobility, AI Sportstech, and PayFi and DeAI. These sectors illustrate how AI is moving beyond software to become deeply embedded in products, services, and real-world systems across industries. At a time when AI is reshaping business and society, BEYOND Expo 2026 will offer a panoramic and hands-on view of Asia's rapidly evolving AI landscape, enabling participants to directly experience the technologies and companies defining the next era of intelligence. "'AI: Digital to Physical' defines the full scope of artificial intelligence today," said Jason Ho, Co-founder of BEYOND Expo. "BEYOND Expo brings the entire AI landscape into one place — from underlying AI capabilities to deployed systems shaping products and industries — with Asia as a central arena for both innovation and commercialization." As Asia's largest technology and innovation expo, BEYOND Expo has, since its inception in 2021, convened leading founders, high-growth startups, global enterprises, investors, policymakers, and media from across Asia and beyond. In 2026, BEYOND Expo is expected to welcome more than 30,000 attendees and will deliver a curated program spanning the AI Summit, Global Investment Summit, Wealth Summit, BGlobal Summit, SheTech Summit, Founder Talks, SportsTech Forum, Gen Z Forum, Web3 + AI Forum, and Regional Cooperation Forums, alongside Media Day, Fund at First Pitch, BEYOND Awards, and a broad range of networking formats — positioning BEYOND Expo as Asia's most active platform for cross-border collaboration. "Asia is entering a more mature phase of AI innovation," said Dr. Lu Gang, Co-founder of BEYOND Expo. "The region is now producing companies with real depth and global relevance. BEYOND Expo provides a platform where these companies engage the world, and where international partners gain a clear perspective on the scale and direction of innovation across Asia." At BEYOND Expo 2026, exhibitors will gain direct exposure to the companies, investors, and partners shaping the next phase of the AI market, positioning their products and solutions in front of decision-makers across Asia and beyond. To further bring the "AI: Digital to Physical" theme to life, BEYOND Expo 2026 will launch the GBA Innovation Tour, offering global participants behind-the-scenes access to the Greater Bay Area's innovation and manufacturing ecosystem. This immersive experience provides firsthand insight into how AI ideas evolve into real products and businesses — an opportunity uniquely available in China. BEYOND Expo 2026 will take place at The Venetian Macao Cotai Expo from May 27–30. Further details on participation, agenda, and registration are available at www.beyondexpo.com. About BEYOND Expo The BEYOND International Technology Innovation Expo (BEYOND Expo) is Asia's largest tech and innovation expo. Since 2021, it has served as a dynamic platform that not only showcases global technological innovations but also creates unique opportunities to drive innovation upgrades across diverse industries and regions. With the vision of "Empowering Asia, Bridging the World," BEYOND Expo has attracted participation from Asia's Fortune 500 companies, multinational corporations, unicorns, and emerging startups. Through a multifaceted program of exhibitions, summits, and various activities, BEYOND Expo has successfully built a thriving innovation ecosystem, accelerating collective progress in the Asia-Pacific region and the global technology innovation industry. www.beyondexpo.com

2026-03-05

The Breakthrough of Gas Leak Detection: Raythink Unveils New AI-Powered OGI Handheld Camera for Intelligent Risk Assessment

YANTAI, China, March 5, 2026 /PRNewswire/ -- Raythink Technology Co., Ltd. ("Raythink"), a leading provider of thermal imaging solutions, today announced the launch of its latest AI-powered handheld OGI camera, the RG630 Series. Equipped with a 15 mK high-sensitivity detector and advanced AI gas detection algorithms, the camera elevates gas leak detection beyond visualization to intelligent risk assessment, enabling earlier, higher-sensitivity, and minor gas leak detection. &amp;amp;amp;nbsp;RG630 Series OGI Handheld Camera | Visualizing the Invisible Turning Leak Visibility into Insights for Response Decisions Traditional OGI cameras make invisible gas leaks visible, but evaluating leak severity often relies on offline analysis and subjective judgment. The RG630 Series overcomes this limitation with embedded AI-driven gas recognition and on-device concentration retrieval. Key intelligent capabilities: AI-enhanced dynamic gas plume coloring: The camera features proprietary gas concentration retrieving algorithm, which applies concentration-based coloring to gas plumes, providing clearer visualization of leak patterns and diffusion, assisting in leak risk assessment. Gas recognition and real-time alarm: Automatically detects hundreds of gases, including common industrial gases such as methane, ammonia, ethylene, propylene, sulfur dioxide, and Freon (R-134a, R-152a), and alerts operators, reducing response time. Industry-Leading Sensitivity and Imaging Performance With an outstanding 15 mK thermal sensitivity, the RG630 captures minor fugitive emissions with exceptional clarity and stability. A 5-inch OLED touchscreen delivers high-contrast, detailed imaging for precise leak localization. Building on this, the RG630 features a custom band-pass detector with a narrower band than traditional thermal imagers, enhancing gas detection sensitivity and reducing stray light. Engineered for Harsh and Hazardous Environments Designed for oil and gas, petrochemical, power generation, environmental monitoring, and emergency response applications, the RG630 Series meets intrinsic safety explosion-proof standards (Ex ic IIC T4 Gc) for safe operation in hazardous areas. Its gas leak detection performance also complies with U.S. EPA Appendix K, meeting standard LDAR inspection requirements. The RG630 also offers industrial-grade durability with a wide operating temperature range and up to 5 hours of battery life, plus multi-mode positioning, wireless connectivity, and an AI voice assistant for efficient, hands-free operation. High-sensitivity imaging and embedded AI analytics make the RG630 Series a new benchmark for intelligent handheld OGI solutions. Raythink will showcase the product at international exhibitions, including Middle East Energy 2026 (Hall 4, Booth C28) and Global Industrie Paris (Booth 5S95), where visitors can see live demonstrations of the RG630 in action. For Further Information: Email: sales@raythink-tech.com Website: https://www.raythink-tech.com/

2026-03-05

Temu Named to USA TODAY's 2026 America's Best Customer Service List for Second Consecutive Year

Recognition is based on an independent consumer survey of 32,000+ U.S. customers BOSTON, March 5, 2026 /PRNewswire/ -- Temu has been named to USA TODAY's "America's Best Customer Service 2026 List," marking its second consecutive year on the annual ranking. The list, developed by USA TODAY with research partner Plant-A Insights Group, recognizes 750 top companies across 45 categories, including service providers, in-store retailers, and online shops, that excel in earning customer trust and loyalty through exceptional service. Temu Named to USA TODAY’s 2026 America’s Best Customer Service List This year's analysis evaluated over 7,100 companies and surveyed more than 32,000 U.S. consumers. To ensure relevance, eligibility was limited to companies that customers interacted with in the past three years. The study also analyzed 3.1 million customer reviews, blending new data with past insights to identify businesses demonstrating consistent excellence. Temu, which launched in the U.S. in September 2022, remains the youngest company recognized in the "Mass Merchant and Variety" category for online general merchandise shops. Consumers rated companies across seven core service categories: Friendliness Professional Competence Customer Service Availability Solution Orientation Solution Speed Transparency and Reliability Companies involved in recent data protection incidents or publicly reported employment-related allegations were ineligible to be considered. Temu works to help consumers and families access quality products at affordable prices. The company has a Purchase Protection Program, an up to 90-day return policy, a 30-day price match guarantee, and 24/7 customer service for a worry-free experience. According to an Ipsos survey commissioned by Temu, surveyed Temu shoppers reported saving an average of 24% over the prior year by shopping on the platform. 75% of respondents said they are likely to recommend Temu to others. In 2024, Temu launched a program to help U.S.-based businesses reach more shoppers. The program broadens the range of products that can be fulfilled domestically, giving consumers more choice and faster delivery. About Temu Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.

2026-03-05

Huawei Unveils the Upgraded Xinghe AI Fabric 2.0 Solution for the AI Era

BARCELONA, Spain, March 5, 2026 /PRNewswire/ -- At MWC Barcelona 2026, Huawei unveiled the upgraded Xinghe AI Fabric 2.0 Solution and the industry's first commercial 51.2T (128 × 400GE) liquid-cooled fixed switch—CloudEngine XH9230-128DQ-LC. These all-new offerings inject new momentum into the digital and intelligent transformation of enterprises worldwide. Arthur Wang delivering a keynote speech Arthur Wang, President of the Data Center Network Domain, Huawei's Data Communication Product Line, stated that data center networks have rapidly advanced from predominantly virtualization and cloud to a new stage of AI. The newly released Xinghe AI Fabric 2.0 Solution builds on a three-layer network architecture of AI Brain, AI Connectivity, and AI Network Elements, and integrates four core capabilities: Rock-Solid Architecture 2.0 that ensures three levels of high reliability with the AI Eagle-Eye Engine StarryWing Digital Map 2.0 that delivers three levels of automation with NetMaster Xinghuan AI Turbo 2.0 that offers Network Packet Load Balancing (NPLB) and Network Stream Load Balancing (NSLB) capabilities iFlashboot 2.0 that enables ultra-fast reboots within 5 seconds Together, these innovations empower enterprises to build always-on AI agentic data center networks with full computing power. Huawei also launched the industry's first commercial 51.2T (128 × 400GE) liquid-cooled fixed switch—CloudEngine XH9230-128DQ-LC. This product provides 100% liquid cooling for optical modules, delivering twice the industry average heat dissipation efficiency. It supports the deployment of eight switches per cabinet, doubling the cabinet utilization efficiency. Moreover, Huawei unveiled the full series of 800GE/400GE StarryLink optical modules, which stand out due to their reliability that is twice the industry average and ultra-long transmission capabilities. Huawei's data center network booth showcased the complete portfolio of 800GE products: CloudEngine XH16800 series modular switches with up to 768 × 800GE ports, CloudEngine XH9330 fixed switch with 128 × 800GE ports, CloudEngine XH9320 fixed switch with 64 × 800GE ports, and the full series of 800GE StarryLink optical modules. Other featured exhibitions included flagship products like CloudEngine XH9230-128DQ-LC, the industry's first 51.2T high-density liquid-cooled switch. Looking ahead, Huawei will remain committed to open collaboration, continuously deepening data center network technology innovation and advancing intelligent upgrades. Together with global customers and partners, Huawei will also drive joint innovation to create greater value for industries and customers alike.

2026-03-05

Huawei Launches HiSecEngine USG6000G Series Firewalls to Safeguard Enterprises on Their Journey Toward Full Intelligence

BARCELONA, Spain, March 5, 2026 /PRNewswire/ -- During MWC Barcelona 2026, Huawei unveiled its new flagship product — the HiSecEngine USG6000G series firewalls, a next-generation high-performance converged gateway lineup. The products unveiled include three 2U fixed-configuration models and four desktop G-series firewalls, marking another major milestone in Huawei's network security portfolio following the E and F series firewalls. Attendees at the launch ceremony included: Richard Wu, President of Security Domain, Data Communication Product Line, Huawei, Adriano da Rocha Lima, Secretary-General of the Government of Goiás State, Brazil, Jason He, President of Enterprise Data Communication Marketing & Solution Sales Dept, Huawei High Performance: Dedicated Security Engines Ensure Smooth Services The new G-series firewalls are built on Huawei's dedicated security engines, delivering industry-leading performance and threat detection rates. Huawei's USG6800G series fixed-configuration firewalls are designed for enterprise headquarters with large traffic volumes and complex services. Among them, the USG6885G achieves 135 Gbps threat protection performance, the highest among 2U fixed-configuration firewalls, offering 2× the performance and 1.5× the SSL decryption capability compared to similar products. These high-performance firewalls can serve as hub gateways at headquarters, ensuring that critical services run smoothly even with all security functions enabled, meeting the demands of high-volume traffic protection. For multi-branch scenarios, Huawei USG6500G series desktop firewalls integrate firewall, router, and switch functions, and support 5G and PoE power supply. High Detection Rate: Intelligent Analysis for Precise Identification of Unknown Threats The HiSecEngine USG6000G series incorporates intelligent security computing power, enabling advanced inline security algorithms and real-time local model inference. In addition to existing file detection, the series adds phishing webpage detection, capable of blocking unknown phishing attacks within milliseconds. With an unknown threat detection rate of 95%, 15% higher than the industry average, it helps enterprises defend against network security risks and ensures uninterrupted service continuity. Adriano da Rocha Lima, Secretary-General of the Government of Goiás State, Brazil, said that we are continuously improving the development of education, and digital services across the country. By introducing Huawei network security products, our regional government departments have built efficient, secure, and efficient connections to better serve and improve the quality of life of the people. Huawei's HiSecEngine USG6000G series firewalls are widely applicable across enterprise branches, campuses, and data centers. They enable secure interconnection between headquarters and branches, as well as secure local internet breakout, providing enterprises with comprehensive, industry-leading protection.

2026-03-05

Tuniu Announces Unaudited Fourth Quarter and Fiscal Year 2025 Financial Results and Shareholder Return Plan

NANJING, China, March 5, 2026 /PRNewswire/ -- Tuniu Corporation (NASDAQ: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025. Highlights for the Fourth Quarter of 2025 Net revenues in the fourth quarter of 2025 increased by 20.3% year-over-year to RMB123.5 million (US$17.7 million[1]). Revenues from package tours in the fourth quarter of 2025 increased by 35.3% year-over-year to RMB102.1 million (US$14.6 million). Net income in the fourth quarter of 2025 was RMB1.5 million (US$0.2 million), compared to a net loss of RMB25.1 million in the fourth quarter of 2024. "We are pleased to report strong performance for the fourth quarter of 2025," said Mr. Donald Dunde Yu, Tuniu's founder, Chairman and Chief Executive Officer. "Net revenues increased by 20.3% year-over-year, while revenues from packaged tours grew by 35.3% year-over-year. We achieved a year-over-year return to profitability in the fourth quarter and once again delivered full-year profitability, marking the third consecutive year of full-year non-GAAP profitability. In 2025, we adopted a proactive product strategy and an open sales channel approach, driving sustained business growth. In addition, supported by new technologies, we continuously optimized our internal operations and management, achieving ongoing cost reductions and efficiency improvements. Looking ahead to 2026, we will continue to enhance our performance and profitability, striving to create greater value for both our customers and shareholders." [1] The conversion of Renminbi ("RMB") into United States dollars ("US$") is based on the exchange rate of US$1.00=RMB6.9931 on December 31, 2025 as set forth in H.10 statistical release of the U.S. Federal Reserve Board and available at https://www.federalreserve.gov/releases/h10/default.htm. Fourth Quarter 2025 Results Net revenues were RMB123.5 million (US$17.7 million) in the fourth quarter of 2025, representing a year-over-year increase of 20.3% from the corresponding period in 2024. Revenues from packaged tours were RMB102.1 million (US$14.6 million) in the fourth quarter of 2025, representing a year-over-year increase of 35.3% from the corresponding period in 2024. The increase was primarily due to the growth of organized tours and self-guided tours. Other revenues were RMB21.5 million (US$3.1 million) in the fourth quarter of 2025, representing a year-over-year decrease of 21.4% from the corresponding period in 2024. The decrease was primarily due to the decrease of merchandise sales. Cost of revenues was RMB53.5 million (US$7.7 million) in the fourth quarter of 2025, representing a year-over-year increase of 62.5% from the corresponding period in 2024. As a percentage of net revenues, cost of revenues was 43.3% in the fourth quarter of 2025, compared to 32.1% in the corresponding period in 2024. Gross profit was RMB70.0 million (US$10.0 million) in the fourth quarter of 2025, which was almost in line with gross profit in the fourth quarter of 2024. Operating expenses were RMB69.0 million (US$9.9 million) in the fourth quarter of 2025, representing a year-over-year decrease of 16.4% from the corresponding period in 2024. Research and product development expenses were RMB12.3 million (US$1.8 million) in the fourth quarter of 2025, representing a year-over-year decrease of 7.6%. The decrease was primarily due to the decrease in research and product development personnel related expenses. Research and product development expenses as a percentage of net revenues were 10.0% in the fourth quarter of 2025. Sales and marketing expenses were RMB44.1 million (US$6.3 million) in the fourth quarter of 2025, representing a year-over-year increase of 3.4%. The increase was primarily due to the increase in promotion expenses. Sales and marketing expenses as a percentage of net revenues were 35.7% in the fourth quarter of 2025. General and administrative expenses were RMB12.8 million (US$1.8 million) in the fourth quarter of 2025, representing a year-over-year decrease of 52.2%. The decrease was primarily due to the impairment of property and equipment, net recorded in the fourth quarter of 2024. General and administrative expenses as a percentage of net revenues were 10.4% in the fourth quarter of 2025. Income from operations was RMB1.1 million (US$0.2 million) in the fourth quarter of 2025, compared to a loss from operations of RMB12.7 million in the fourth quarter of 2024. Non-GAAP[2] income from operations, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB3.1 million (US$0.4 million) in the fourth quarter of 2025. Net income was RMB1.5 million (US$0.2 million) in the fourth quarter of 2025, compared to a net loss of RMB25.1 million in the fourth quarter of 2024. Non-GAAP net income, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB3.5 million (US$0.5 million) in the fourth quarter of 2025. Net income attributable to ordinary shareholders of Tuniu Corporation was RMB1.5 million (US$0.2 million) in the fourth quarter of 2025, compared to a net loss attributable to ordinary shareholders of Tuniu Corporation of RMB24.2 million in the fourth quarter of 2024. Non-GAAP net income attributable to ordinary shareholders of Tuniu Corporation, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB3.5 million (US$0.5 million) in the fourth quarter of 2025. As of December 31, 2025, the Company had cash and cash equivalents, restricted cash, short-term investments and long-term deposits of RMB1.1 billion (US$162.9 million). [2] The section below entitled "About Non-GAAP Financial Measures" provides information about the use of Non-GAAP financial measures in this press release, and the table captioned "Reconciliations of GAAP and Non-GAAP Results" set forth at the end of this press release reconciles Non-GAAP financial information with the Company's financial results under GAAP. Fiscal Year 2025 Results Net revenues were RMB578.0 million (US$82.6 million) in 2025, representing a year-over-year increase of 12.5% from 2024. Revenues from packaged tours were RMB493.5 million (US$70.6 million) in 2025, representing a year-over-year increase of 21.1% from 2024. The increase was primarily due to the growth of organized tours and self-guided tours. Other revenues were RMB84.5 million (US$12.1 million) in 2025, representing a year-over-year decrease of 20.4% from 2024. The decrease was primarily due to the decrease in the commission fees received from other travel-related products. Cost of revenues was RMB243.0 million (US$34.7 million) in 2025, representing a year-over-year increase of 56.2% from 2024. As a percentage of net revenues, cost of revenues was 42.0% in 2025, compared to 30.3% in 2024. Gross profit was RMB335.0 million (US$47.9 million) in 2025, representing a year-over-year decrease of 6.4% from 2024. Operating expenses were RMB323.7 million (US$46.3 million) in 2025, representing a year-over-year increase of 9.8% from 2024. Research and product development expenses were RMB59.0 million (US$8.4 million) in 2025, representing a year-over-year increase of 12.0%. The increase was primarily due to the increase in research and product development personnel related expenses. Research and product development expenses as a percentage of net revenues were 10.2% in 2025. Sales and marketing expenses were RMB193.9 million (US$27.7 million) in 2025, representing a year-over-year increase of 7.5%. The increase was primarily due to the increase in promotion expenses. Sales and marketing expenses as a percentage of net revenues were 33.5% in 2025. General and administrative expenses were RMB71.8 million (US$10.3 million) in 2025, representing a year-over-year decrease of 18.0%. The decrease was primarily due to the decrease in general and administrative personnel related expenses and impairment of property and equipment, net. General and administrative expenses as a percentage of net revenues were 12.4% in 2025. Income from operations was RMB11.2 million (US$1.6 million) in 2025, compared to an income from operations of RMB63.3 million in 2024. Non-GAAP income from operations, which excluded share-based compensation expenses, amortization of acquired intangible assets and impairment of property and equipment, net, was RMB22.7 million (US$3.2 million) in 2025. Net income was RMB29.7 million (US$4.2 million) in 2025, compared to a net income of RMB83.7 million in 2024. Non-GAAP net income, which excluded share-based compensation expenses, amortization of acquired intangible assets and impairment of property and equipment, net, was RMB41.1 million (US$5.9 million) in 2025. Net income attributable to ordinary shareholders of Tuniu Corporation was RMB31.1 million (US$4.5 million) in 2025, compared to a net income attributable to ordinary shareholders of Tuniu Corporation of RMB77.2 million in 2024. Non-GAAP net income attributable to ordinary shareholders of Tuniu Corporation, which excluded share-based compensation expenses, amortization of acquired intangible assets and impairment of property and equipment, net, was RMB42.6 million (US$6.1 million) in 2025. Business Outlook For the first quarter of 2026, Tuniu expects to generate RMB125.7 million to RMB131.6 million of net revenues, which represents a 7% to 12% increase year-over-year compared with net revenues in the corresponding period in 2025. This forecast reflects Tuniu's current and preliminary view on the industry and its operations, which is subject to change. Share Repurchase Update In August 2025, the Company's Board of Directors authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its ordinary shares or American depositary shares ("ADSs") representing ordinary shares. As of February 28, 2026 the Company had repurchased an aggregate of approximately 4.5 million ADSs for approximately US$3.8 million from the open market under the share repurchase program. Shareholder Return Plan In March 2026, the Company's Board of Director approved a three-year shareholder return plan, under which the Company may, during the three-year period from the date of approval, (i) declare and distribute cash dividends of no more than US$30 million and (ii) repurchase of its Class A Ordinary Shares and/or ADSs of no more than US$20 million. The shareholder return plan will run in addition to the Company's existing share repurchase program adopted in August 2025. Under the shareholder return plan, the Board of Directors reserves the discretion to determine the form, timing, and amount of the capital return measures based on the Company's financial condition, results of operations, capital requirements and other relevant factors. Conference Call Information Tuniu's management will hold an earnings conference call at 8:00 am U.S. Eastern Time, on March 5, 2026, (9:00 pm, Beijing/Hong Kong Time, on March 5, 2026) to discuss the fourth quarter and fiscal year 2025 financial results. To participate in the conference call, please dial the following numbers: United States 1-888-346-8982 Hong Kong 852-301-84992 Chinese mainland 4001-201203 International 1-412-902-4272 Conference ID: Tuniu 4Q 2025 Earnings Conference Call A telephone replay will be available one hour after the end of the conference call through March 12, 2026. The dial-in details are as follows: United States 1-855-669-9658 International 1-412-317-0088 Replay Access Code: 8431671 Additionally, a live and archived webcast of the conference call will also be available on the Company's investor relations website at http://ir.tuniu.com. About Tuniu Tuniu (Nasdaq: TOUR) is a leading online leisure travel company in China that offers integrated travel service with a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com. Safe Harbor Statement This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. 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," "confident" and similar statements. Tuniu may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Tuniu's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but are not limited to the following: Tuniu's goals and strategies; the growth of the online leisure travel market in China; the demand for Tuniu's products and services; its relationships with customers and travel suppliers; Tuniu's ability to offer competitive travel products and services; Tuniu's future business development, results of operations and financial condition; competition in the online travel industry in China; government policies and regulations relating to Tuniu's structure, business and industry; the impact of health epidemics on Tuniu's business operations, the travel industry and the economy of China and elsewhere generally; and the general economic and business condition in China and elsewhere. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Tuniu does not undertake any obligation to update such information, except as required under applicable law. About Non-GAAP Financial Measures To supplement the Company's unaudited consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles ("GAAP"), the Company has provided non-GAAP information related to income from operations, net income, net income attributable to ordinary shareholders of Tuniu Corporation, which excludes share-based compensation expenses, amortization of acquired intangible assets, net gain on disposals of subsidiaries and impairment of property and equipment, net. The presentation of this non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We believe that the non-GAAP financial measures used in this press release are useful for understanding and assessing underlying business performance and operating trends, and management and investors benefit from referring to these non-GAAP financial measures in assessing our financial performance and when planning and forecasting future periods. This non-GAAP financial measure is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. The non-GAAP financial measure has limitations as an analytical tool. Further, this non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore its comparability may be limited. The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating performance. Tuniu encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of GAAP and non-GAAP Results" set forth at the end of this press release. (Financial Tables Follow) Tuniu Corporation Unaudited Condensed Consolidated Balance Sheets (All amounts in thousands, except per share information) December 31, 2024 December 31, 2025 December 31, 2025 RMB RMB US$ ASSETS Current assets Cash and cash equivalents 465,004 207,228 29,633 Restricted cash 26,061 10,222 1,462 Short-term investments 432,823 853,704 122,078 Accounts receivable, net 43,313 66,834 9,557 Amounts due from related parties 752 1,293 185 Prepayments and other current assets 235,443 157,558 22,530 Total current assets 1,203,396 1,296,839 185,445 Non-current assets Long-term investments 534,041 227,012 32,462 Property and equipment, net 32,849 18,860 2,697 Intangible assets, net 22,210 19,645 2,809 Land use right, net 88,467 - - Operating lease right-of-use assets, net 9,266 6,873 983 Other non-current assets 19,208 30,754 4,398 Total non-current assets 706,041 303,144 43,349 Total assets 1,909,437 1,599,983 228,794 LIABILITIES AND EQUITY Current liabilities Short-term borrowings 36 35 5 Accounts and notes payable 290,112 219,440 31,380 Amounts due to related parties 3,121 980 140 Salary and welfare payable 23,148 19,594 2,802 Taxes payable 5,060 4,077 583 Advances from customers 247,151 184,461 26,378 Operating lease liabilities, current 2,994 3,340 478 Accrued expenses and other current liabilities 322,034 204,388 29,226 Total current liabilities 893,656 636,315 90,992 Non-current liabilities Operating lease liabilities, non-current 1,680 1,023 146 Deferred tax liabilities 5,151 4,534 648 Total non-current liabilities 6,831 5,557 794 Total liabilities 900,487 641,872 91,786 Equity Ordinary shares 249 249 36 Less: Treasury stock (329,668) (380,260) (54,376) Additional paid-in capital 9,146,928 9,122,119 1,304,446 Accumulated other comprehensive income 313,460 307,446 43,964 Accumulated deficit (8,050,378) (8,019,253) (1,146,739) Total Tuniu Corporation shareholders' equity 1,080,591 1,030,301 147,331 Noncontrolling interests (71,641) (72,190) (10,323) Total equity 1,008,950 958,111 137,008 Total liabilities and equity 1,909,437 1,599,983 228,794 Tuniu Corporation Unaudited Condensed Consolidated Statements of Comprehensive (Loss)/Income (All amounts in thousands, except per share information) Quarter Ended Quarter Ended Quarter Ended Quarter Ended December 31, 2024 September 30, 2025 December 31, 2025 December 31, 2025 RMB RMB RMB US$ Revenues Packaged tours 75,440 179,018 102,090 14,599 Others 27,292 23,042 21,454 3,068 Net revenues 102,732 202,060 123,544 17,667 Cost of revenues (32,935) (92,455) (53,503) (7,651) Gross profit 69,797 109,605 70,041 10,016 Operating expenses Research and product development (13,325) (15,734) (12,314) (1,761) Sales and marketing (42,697) (61,533) (44,144) (6,313) General and administrative (26,841) (18,497) (12,836) (1,836) Other operating income/(loss) 369 (2) 328 47 Total operating expenses (82,494) (95,766) (68,966) (9,863) (Loss)/income from operations (12,697) 13,839 1,075 153 Other (expenses)/income Interest and investment (loss)/income, net (5,609) 8,912 1,749 250 Interest expense (612) (576) (312) (45) Foreign exchange losses, net (6,102) (858) (644) (92) Other income/(loss), net 49 (480) 247 35 (Loss)/income before income tax expense (24,971) 20,837 2,115 301 Income tax expense (283) (625) (474) (68) Equity in income/(loss) of affiliates 188 (844) (105) (15) Net (loss)/income (25,066) 19,368 1,536 218 Net loss attributable to noncontrolling interests (859) (383) (10) (1) Net (loss)/income attributable to ordinary shareholders of Tuniu Corporation (24,207) 19,751 1,546 219 Net (loss)/income (25,066) 19,368 1,536 218 Other comprehensive (loss)/income: Foreign currency translation adjustment, net of nil tax 8,568 (1,314) (2,213) (316) Comprehensive (loss)/income (16,498) 18,054 (677) (98) Net (loss)/income per ordinary share attributable to ordinary shareholders - basic and diluted (0.07) 0.06 0.00 - Net (loss)/income per ADS - basic and diluted* (0.21) 0.18 0.00 - Weighted average number of ordinary shares used in computing basic (loss)/income per share 354,106,851 339,255,345 331,409,074 331,409,074 Weighted average number of ordinary shares used in computing diluted (loss)/income per share 354,106,851 341,395,417 333,434,286 333,434,286 Share-based compensation expenses included are as follows: Cost of revenues 66 65 65 9 Research and product development 66 65 65 9 Sales and marketing 32 32 32 5 General and administrative 1,253 1,247 1,237 177 Total 1,417 1,409 1,399 200 *Each ADS represents three of the Company's ordinary shares. Tuniu Corporation Unaudited Condensed Consolidated Statements of Comprehensive Income (All amounts in thousands, except per share information) Year Ended Year Ended Year Ended December 31, 2024 December 31, 2025 December 31, 2025 RMB RMB US$ Revenues Packaged tours 407,462 493,481 70,567 Others 106,160 84,493 12,082 Net revenues 513,622 577,974 82,649 Cost of revenues (155,590) (242,992) (34,747) Gross profit 358,032 334,982 47,902 Operating expenses Research and product development (52,682) (58,979) (8,434) Sales and marketing (180,321) (193,884) (27,725) General and administrative (87,657) (71,848) (10,274) Other operating income 25,888 964 138 Total operating expenses (294,772) (323,747) (46,295) Income from operations 63,260 11,235 1,607 Other income/(expenses) Interest and investment income 19,866 25,769 3,685 Interest expense (3,320) (2,022) (289) Foreign exchange losses, net (6,837) (3,827) (547) Other income/(loss), net 10,081 (652) (93) Income before income tax expense 83,050 30,503 4,363 Income tax expense (837) (1,425) (204) Equity in income of affiliates 1,486 579 83 Net income 83,699 29,657 4,242 Net income/(loss) attributable to noncontrolling interests 6,525 (1,468) (210) Net income attributable to ordinary shareholders of Tuniu Corporation 77,174 31,125 4,452 Net income 83,699 29,657 4,242 Other comprehensive income: Foreign currency translation adjustment, net of nil tax 8,044 (6,013) (860) Comprehensive income 91,743 23,644 3,382 Net income per ordinary share attributable to ordinary shareholders - basic and diluted 0.21 0.09 0.01 Net income per ADS - basic and diluted* 0.63 0.27 0.03 Weighted average number of ordinary shares used in computing basic income per share 361,482,355 340,747,065 340,747,065 Weighted average number of ordinary shares used in computing diluted income per share 363,718,947 342,960,072 342,960,072 Share-based compensation expenses included are as follows: Cost of revenues 261 260 37 Research and product development 261 260 37 Sales and marketing 126 127 18 General and administrative 8,758 4,958 709 Total 9,406 5,605 801 *Each ADS represents three of the Company's ordinary shares. Reconciliations of GAAP and Non-GAAP Results (All amounts in thousands, except per share information) Quarter Ended December 31, 2025 GAAP Result Share-based Amortization of acquired Impairment Non-GAAP Compensation intangible assets of property and equipment, net Result Income from operations 1,075 1,399 591 - 3,065 Net income 1,536 1,399 591 - 3,526 Net income attributable to ordinary shareholders 1,546 1,399 591 - 3,536 Quarter Ended September 30, 2025 GAAP Result Share-based Amortization of acquired Impairment Non-GAAP Compensation intangible assets of property and equipment, net Result Income from operations 13,839 1,409 591 - 15,839 Net income 19,368 1,409 591 - 21,368 Net income attributable to ordinary shareholders 19,751 1,409 591 - 21,751 Quarter Ended December 31, 2024 GAAP Result Share-based Amortization of acquired Impairment Non-GAAP Compensation intangible assets of property and equipment, net Result (Loss)/income from operations (12,697) 1,417 764 15,641 5,125 Net loss (25,066) 1,417 764 15,641 (7,244) Net loss attributable to ordinary shareholders (24,207) 1,417 764 15,641 (6,385) Reconciliations of GAAP and Non-GAAP Results (All amounts in thousands, except per share information) Year Ended December 31, 2025 GAAP Result Share-based Amortization of acquired Net gain on Impairment Non-GAAP Compensation intangible assets disposals of subsidiaries of property and equipment, net Result Income from operations 11,235 5,605 2,536 - 3,316 22,692 Net income 29,657 5,605 2,536 - 3,316 41,114 Net income attributable to ordinary shareholders 31,125 5,605 2,536 - 3,316 42,582 Year Ended December 31, 2024 GAAP Result Share-based Amortization of acquired Net gain on Impairment Non-GAAP Compensation intangible assets disposals of subsidiaries of property and equipment, net Result Income from operations 63,260 9,406 3,184 (24,618) 15,641 66,873 Net income 83,699 9,406 3,184 (24,618) 15,641 87,312 Net income attributable to ordinary shareholders 77,174 9,406 3,184 (24,618) 15,641 80,787

2026-03-05