HONG KONG, December 29, 2025 - (ACN Newswire via SeaPRwire.com) – With manufacturing investment gradually recovering and the pace of industrial project construction continuing to advance, industrial buildings are accelerating toward standardised and prefabricated development. Against this backdrop, the application of industrial prefabricated steel structure buildings in manufacturing plants and large-scale industrial projects has continued to expand. As the listing process enters its final stage, USAS Building System (Shanghai) Co., Ltd. (the “Company” or “USAS”) is set to be listed on the Hong Kong Stock Exchange on 30 December, and the industrial prefabricated steel structure sub-sector in which it operates is coming into the capital market's view.Industrial prefabricated steel structure buildings are a typical sub-sector of industrial construction. Demand is mainly derived from manufacturing plants and industrial projects, where higher requirements are placed on construction efficiency and delivery capability. Compared with residential and commercial buildings, industrial buildings place greater emphasis on construction efficiency, structural stability and compatibility with production systems. Continued capacity expansion across manufacturing sectors such as automotive, pharmaceuticals, food and beverage, machinery and electronics, and logistics has strengthened the industrial nature of prefabricated steel structure buildings in industrial projects.In response to such demand, USAS has formed a relatively clear business positioning. The prospectus shows that the Company is not a single steel structure fabricator, but rather an integrated prefabricated steel structure building solution provider focused on the industrial sector, providing full-process subcontracting services for industrial plants and manufacturing projects, covering design optimisation, procurement, manufacturing and on-site installation. According to the Frost & Sullivan Report, by revenue in 2024, USAS ranked third in China's industrial prefabricated steel structure building market. Against the backdrop of an overall fragmented industry, USAS has established a relatively clear industry position.From an operating perspective, the Company has established a stable business foundation. The prospectus discloses that from 2022 to 2024, USAS recorded revenue of approximately RMB1.903 billion, RMB1.453 billion and RMB1.523 billion, respectively, maintaining an overall scale at the level of over RMB1 billion. Among these, prefabricated steel structure building subcontracting services are the core source of revenue. In 2024, revenue from this business was approximately RMB1.241 billion, accounting for 81.5% of total revenue, reflecting the Company's high degree of focus on its industrial prefabricated steel structure core business.In terms of profitability structure, the Company presents typical characteristics of an industrial project-based model. From 2022 to 2024, the Company's overall gross profit margin was 12.7%, 14.8% and 12.5%, respectively, while the gross profit margin of the core subcontracting business remained in the range of 13%–15% over the long term. In 2025, as certain large-scale industrial projects progressed in a concentrated manner, the Company achieved revenue of approximately RMB1.424 billion in the first half of the year, reflecting the impact of project execution cycles on the release of interim performance.From a medium- to long-term industry perspective, the penetration rate of prefabricated steel structures in China's industrial building sector remains at a relatively low level. Manufacturing investment upgrades, demand for compressed construction timelines and the continued advancement of green building policies provide a practical demand foundation for the industry. At the same time, emerging manufacturing bases such as Southeast Asia are accelerating the undertaking of global capacity relocation, which also brings new sources of projects for enterprises with cross-regional delivery capabilities.Against this backdrop, USAS's overseas business footprint has gradually become more evident. The prospectus discloses that revenue from the Company's industrial environmental equipment business is mainly derived from overseas markets. Revenue from this segment increased from approximately RMB31.82 million in 2022 to approximately RMB100 million in 2024, while its gross profit margin increased to 18.9% over the same period. This business has covered multiple overseas markets and has obtained certifications in China, the United States, Europe and Canada, providing conditions and support for cross-regional project execution.Following its listing on the Hong Kong Stock Exchange, USAS is expected to leverage the capital market platform to further consolidate its industry position in the industrial prefabricated steel structure segment. With its established industrial customer base, stable project delivery capabilities and a gradually expanding overseas business footprint, the Company has a practical foundation to continue advancing in undertaking industrial projects, optimising its business structure and enhancing scalable operational capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NEW YORK, Dec 26, 2025 - (ACN Newswire via SeaPRwire.com) - Taxinexo, a U.S.-based autonomous vehicle operator, has entered a new phase of large-scale commercial deployment after nearly five years of continuous operation in the United States. Leveraging its mature Level 4 autonomous driving technology and proven operational capabilities, the company has expanded multi-scenario services across several U.S. states, positioning itself as a representative case of how federal and state policy coordination is accelerating the commercialization of autonomous driving in the U.S. smart mobility sector.Since its inception, Taxinexo's growth trajectory has been deeply intertwined with the US autonomous driving industry's policy support system. The US federal government, through national strategic documents such as the Comprehensive Autonomous Vehicle Initiative, has established a development orientation of "safety first, encouraging innovation," providing companies with a flexible regulatory environment—including simplified administrative exemption procedures for autonomous vehicles, allowing steering wheel-less and pedal-less vehicles that meet technical standards to be tested and operated on public roads, significantly lowering the policy threshold for companies to iterate their technology. Meanwhile, the Inflation Reduction Act's tax credit of up to $7,500 per vehicle for Level 3 and above autonomous driving vehicles further assisted Taxinexo in completing its R&D investment and fleet expansion, enabling it to achieve large-scale commercial operation in multiple states across the US. This has allowed it to accumulate millions of kilometers of real-world road operation data and build an operational network covering diverse scenarios such as urban main roads, business parks, and commuter shuttles.In an interview with this newspaper, Taxinexo's Global Marketing Head stated, "The policy support in the US over the past five years has provided us with an excellent development platform. From technology R&D to commercialization, the flexible regulatory environment and precise policy support have allowed us to accumulate core capabilities to handle complex scenarios. In the future, we will continue to leverage local policy advantages, deepen our diversified scenario operation layout, and help promote the US autonomous driving industry towards a more efficient and safer stage."Data shows that the US autonomous driving industry is rapidly expanding, with leading companies continuously increasing their fleet sizes and weekly order volume exceeding hundreds of thousands, indicating a broad commercial prospect for the industry.Taxinexo reportedly plans to further expand its service coverage in the United States based on its existing operations, focusing on high-frequency travel scenarios such as airport shuttles and intercity commuting, and will continue to increase investment in technology research and development to promote the iterative upgrade of its autonomous driving system. In the future, its large-scale operational experience may provide a replicable practice model for the intelligent transportation upgrades of more cities in the United States.Social LinksTelegram: https://t.me/taxinexoX: https://x.com/taxinexoFacebook: https://www.facebook.com/profile.php?id=61585301312596Instagram: https://www.instagram.com/taxinexoLinkedIn: https://www.linkedin.com/company/taxinexo/YouTube: https://www.youtube.com/@taxinexoMedia contactBrand: TaxinexoContact: Media teamWebsite: https://www.taxinexo.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, December 25, 2025 - (ACN Newswire via SeaPRwire.com) – December 22, Bank of Chongqing Co., Ltd. (601963.SH, 01963.HK, hereinafter “BCQ” or “the Bank”) announced, it will distribute cash dividends totaling RMB 585 million based on its total ordinary share capital of 3.475 billion ordinary shares outstanding as of September 30, 2025. The dividend payout represents 11.99% of net profit attributable to ordinary shareholders.Since the release of China’s new capital market guidelines (often referred to as the “New Nine Measures”), BCQ has implemented interim dividends following the third quarter for the second consecutive year, underscoring its commitment to enhancing shareholder returns. This move further validates the resilience of its operating performance, improves its valuation recognition, and strengthens its appeal to middle-to-long-term investors.Over the past two years, the banking sector has transitioned from a “cyclical trading” approach to a “dividend-driven allocation” paradigm, with high-dividend strategies becoming a core investment theme. Supported by sustained and stable profitability, BCQ’s dividend yields for A-shares and H-shares exceeded 3.8% and 5.7%, respectively. Benefiting from both dividend attributes of bank stocks and rising market sentiment, as of December 24, the Bank’s A-share and H-share prices recorded year-to-date gains of 23.1% and 39.18%, respectively.The bank also recently announced that its personal deposit balance surpassed RMB 300 billion, reaching a historic high. This strengthened funding base enhances its earnings resilience across cycles. Continuous and milestone breakthroughs signify that the bank has ascended to a brand-new level in terms of comprehensive strength, market position, and service capabilities, paving the way for broader growth prospects in the future.Double-Digit Growth in Revenue and Net Profit, Total Assets Exceed RMB 1 TrillionAccording to its 2025 third-quarter report, as of the end of September 2025, BCQ’s total assets reached RMB 1.0227 trillion, representing an increase of over 19% YoY, and marking its entry into the “trillion-asset club” among city commercial banks.Driven by steady scale expansion, the Bank achieved a significant improvement in profitability, delivering its strongest performance in nearly nine years. Operating revenue and net profit for the first three quarters of 2025, recorded double-digit growth of 10.40% and 10.42% YoY, reaching RMB 11.74 billion and RMB 5.196 billion, respectively. Performance accelerated notably in the third quarter, with operating revenue rising 17.38% YoY to RMB 4.081 billion, and net profit attributable to shareholders increasing 20.54% to RMB 1.690 billion, indicating an accelerated growth rate and the continued enhancement of profitability. Moreover, in the first three quarters, operating and administrative expenses amounted to RMB 2.810 billion, up 9.90% YoY, lower than revenue growth. The cost-to-income ratio declined by 0.11 ppts to 23.93%, indicating steadily improving operating efficiency.Its asset quality also continued to strengthen. As of the end of the third quarter of 2025, the non-performing loan (NPL) ratio declined to 1.14%, down 0.11 ppts from the beginning of the year. Risk coverage has become more robust, with the provision coverage ratio rising to 248.11%, up 3.03 ppts from the beginning of the year, providing a solid buffer for sustainable and stable operations.Strong Secondary Market Performance, Leading A- and H-shares Gains Among PeersThe combination of regional strategic tailwinds and improving fundamentals continues to drive valuation recovery for this first mainland city commercial bank listed in Hong Kong.Since the beginning of the year, the Bank has delivered strong performance in the secondary market. As of December 24, its A-shares closed at RMB 10.96 per share, representing a gain of 23.1% YTD. Its H-shares closed at HKD 7.96 per share, with a gain of 39.18% YTD, ranking among the top performers in the domestic banking sector.In terms of shareholder returns, the Bank has distributed third-quarter dividends for two consecutive years, paying RMB 1.684 per 10 shares (tax inclusive), with total cash dividends of RMB 585 million (tax inclusive), accounting for 11.99% of net profit attributable to ordinary shareholders.The Bank’s operating performance has also received positive ratings from multiple securities firms. After the third-quarter results, over ten institutions, including China Galaxy Securities, China Merchants Securities, Shenwan Hongyuan Securities, and Guotai Haitong Securities, issued research reports, generally assigning “Buy,” “Accumulate,” or “Outperform” ratings for the Bank. Shenwan Hongyuan Securities noted that, supported by both regional development opportunities and improving fundamentals, alongside proactive management and clear strategic objectives, BCQ has strong momentum for valuation recovery and maintained a “Buy” rating. Guosen Securities emphasized that the Chengdu–Chongqing region, as a convergence zone for multiple national strategies, provides a solid foundation for the Bank’s sustained growth, and, combined with improving asset quality and stabilizing and rebounding net interest margins, assigned an “Outperform” rating for the Bank upon initial coverage. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SINGAPORE, Dec 24, 2025 - (ACN Newswire via SeaPRwire.com) - Avantor, Inc., a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, announced the appointment of Gladys Wang as Vice President, Bioprocessing Commercial for Asia, Middle East and Africa (AMEA). With over twenty years of experience in life sciences and commercial leadership, Gladys will oversee Avantor’s business expansion in the AMEA region, enhance customer success initiatives, and drive the development of strategic partnerships throughout the bioprocessing ecosystem.Gladys, based in Singapore, has extensive experience collaborating with biopharma manufacturers, contract development and manufacturing organizations (CDMOs), and key opinion leaders. She is widely recognized for her expertise in delivering transformative business results through customer-centric strategies, operational excellence, and effective cross-market collaboration.Before joining Avantor, Gladys held senior leadership roles at top life sciences organizations, including Head of Global Strategic Accounts APAC and Senior Director for Bioprocessing South Asia & Oceania. She was instrumental in accelerating Asia-Pacific expansion, delivering material business growth through disciplined market-entry strategy.“The Asia, Middle East and Africa region is full of potential, and being part of a team that partners so closely with customers to advance innovation and strengthen manufacturing capabilities is truly motivating. The focus ahead will be on deepening collaboration, enhancing customer experience, and empowering teams to deliver meaningful impact across the bioprocessing value chain. Contributing to Avantor’s continued growth and supporting customers in reaching their scientific and operational objectives is an exciting prospect,” said Gladys Wang, Vice President, Bioprocessing Commercial, Asia, Middle East & Africa.Gladys holds a Master’s degree in Biology from National Taiwan University and has completed executive programs at INSEAD and Stanford University, specializing in strategic transformation and innovation.With her commitment to excellence and talent for cultivating future leaders, Gladys will further strengthen Avantor’s position as a trusted partner for bioprocessing customers across the AMEA region.About Avantor®Avantor® is a leading life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. We work side-by-side with customers at every step of the scientific journey to enable breakthroughs in medicine, healthcare, and technology. Our portfolio is used in virtually every stage of the most important research, development and production activities at more than 300,000 customer locations in 180 countries. For more information, visit avantorsciences.com and find us on LinkedIn, X (Twitter) and Facebook.Regional Media Contact:Swati ChhabraManager - Corporate Communications, AMEAAvantor91-9958-404-334Swati.Chhabra@avantorsciences.comGlobal Media ContactEric Van ZantenHead - External CommunicationsAvantor610-529-6219Eric.Vanzanten@avantorsciences.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, December 23, 2025 - (ACN Newswire via SeaPRwire.com) – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the nine months ended 30 November 2025 (the “first nine months of FY2025/26” or the “Reporting Period”).During the Reporting Period, despite a mixed economic environment, the Group demonstrated strong operational resilience. The Group’s revenue recorded a steady increase of 4.1% to HK$1,358.1 million compared with the “first nine months of FY2024/25” (the “Previous Period”). With enhanced operational efficiency, cost-to-income ratio decreased to 44.3% from 46.8% in the Previous Period. Operating profit before impairment losses and allowances rose by 9.9% to HK$712.9 million. Supported by a 10.2% decrease in impairment losses and impairment allowances, profit after tax for the Reporting Period surged by 28.1% to HK$352.7 million (Previous Period: HK$275.3 million), with earnings per share increasing to 84.22 HK cents (Previous Period: 65.74 HK cents).Amidst subdued consumer spending and elevated credit default rates in the market, the Group adopted a prudent portfolio management strategy, focusing on balancing customer base expansion with credit risk mitigation. The Group’s effective credit risk monitoring and enhanced credit assessment model led to a continued improvement in asset quality, with the percentage of impaired credit to gross advances and receivables decreasing to 4.0% as at 30th November 2025.In parallel, the Group optimised its marketing efforts to increase the effectiveness of its marketing and promotion expenditure. This included refining its preferential pricing mechanism to increase competitiveness and launching tactical spending campaigns targeting specific customer segments. Furthermore, strategic collaborations with merchants on consumer durables, coupled with card instalment plans after purchase, gained significant popularity among younger demographics, with an increasing number of customers actively using this service.Meanwhile, the Group continued to prioritise investment in digitalisation and security enhancements to improve customer experience. This included a new “change PIN” button being introduced in the “AEON HK” Mobile App (“Mobile App”), the replacement of Short Message Service (SMS) One-Time Password (OTP) notifications with in-app authentication for e-commerce transactions, and the upcoming integration of loan applications from different channels within the Mobile App. Further advancements in data analysis tools have also increased the effectiveness of marketing, credit assessment and credit management activities.Looking ahead, the Group’s strategic focus will be on sustaining growth in both domestic and online transaction volumes, while simultaneously refining credit assessment mechanisms to ensure the maintenance of a high-quality asset portfolio. Targeted campaigns and incentives will be deployed to expand market share, particularly by leveraging competitive interest-rate financial products as a key tactic to attract customers with strong credit records. In addition, a major upcoming initiative is the launch of an integrated bonus point platform to facilitate seamless accumulation and redemption of rewards from AEON Cards and partner merchants. This initiative aims to boost credit card usage, enhance customer convenience, and strengthen loyalty.Meanwhile, operational efficiency and card security will be continuously enhanced through the accelerated integration of Artificial Intelligence to automate routine back-office tasks, improve accuracy, and strengthen authorization and fraud detection mechanisms. Furthermore, the Group is committed to minimising its environmental impact by focusing on reducing its carbon footprint through the implementation of fully paperless loan processes, the adoption of energy-efficient digital payment solutions, and other energy-saving initiatives.Mr Wei Aiguo, Managing Director of AEON Credit, said, “Despite Hong Kong’s gradual economic recovery being tempered by certain headwinds, we are pleased to report an exceptional increase in profit after tax for the first nine months of FY2025/26. This achievement reflects the success of our prudent portfolio management strategy and our focus on enhancing asset quality. We remain committed to providing exceptional credit services that meet evolving customer needs and expanding our customer base by offering innovative, customised products. With our strong liquidity, robust balance sheet, and clear strategic focus, we are confident in our ability to navigate the market headwinds, capitalise on growth opportunities, and deliver sustainable value to our shareholders.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987, registered as a Hong Kong limited company in 1990, and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the finance business, which includes credit card issuance, personal loan financing, card payment processing services and insurance intermediary business in Hong Kong, and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SINGAPORE, Dec 23, 2025 - (ACN Newswire via SeaPRwire.com) - The HANEDA GODZILLA GLOBAL PROJECT officially launched a mega-scale initiative to broadcast Japanese entertainment to the world from Haneda Airport, through the collaboration of three companies: Toho Co., Ltd., Japan Airport Terminal Co., Ltd., and Tokyo International Airport Terminal Corporation. Under the theme “Godzilla welcomes all visitors to Japan and sees them off as they depart,” a colossal Godzilla statue, approximately 40 meters long and 9 meters tall, has been revealed inside Japan’s international gateway at Haneda Airport Terminal 3.Modeled after the original Godzilla, the monument surpasses the size of existing indoor installations and is designed to be viewed from multiple angles throughout Terminal 3. Additional installations in the area include Godzilla: The Great Monster Advance Picture Scroll in the arrival lobby and a standing statue from Godzilla Minus One that will be installed on December 3, further expanding the presence of the popular monster across arrivals and departures.To commemorate the completion of the world’s largest indoor Godzilla monument, a special announcement event was held at Haneda Airport, featuring remarks from notable guests. This consisted of Keiji Ota, Senior Managing Executive Officer and Chief Godzilla Officer (CGO) of Toho Co., Ltd.; Masatoshi Akahori, President and Representative Director of Tokyo International Air Terminal Corporation; and special guest actress Riko Fukumoto, ambassador for the “Godzilla The Ride” attraction at Seibuen Amusement Park. All of the guest speakers reflected on the cultural significance of the six-year project and Godzilla’s role as a global symbol of Japanese entertainment.As travel ramps up for the new year, the HANEDA GODZILLA GLOBAL PROJECT is set to leave a lasting impression on millions of international travelers passing through Terminal 3 with an encounter with one of Japan’s most iconic cultural symbols.The completion announcement event was held on Friday, December 19, with public installations opening in conjunction with year-end and New Year travel, and additional displays debuting beginning December 23.The unveiling was held at Haneda Airport Terminal 3 in Tokyo, Japan spanning both the departure and arrival lobbies at Japan’s primary international gateway.About TOHO Co., Ltd.TOHO Co., Ltd. is a leading Japanese entertainment company founded in 1932. Its four main business pillars are the cinema business, which includes production, distribution and exhibition; the theatrical business, which includes production and exhibition; the anime business, which has been expanding globally in recent years; and the real estate business, which focuses on development in urban areas. TOHO’s worldwide acclaimed works include theatrical films such as the “Godzilla” series and “Seven Samurai” directed by Akira Kurosawa, and TV anime series such as “My Hero Academia” and “Jujutsu Kaisen”. These anime series are produced and distributed through the TOHO animation label, and are delivered to a wide range of audiences around the world.Media ContactTOHO Entertainment Asiahello@tohoea.com.sg Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NEW YORK, Dec 23, 2025 - (ACN Newswire via SeaPRwire.com) - Holiverse, a biotech platform, has begun active development of a decentralized AI device designed to operate entirely offline without cloud dependency.The device will embed private artificial intelligence directly on hardware, eliminating the need to transmit personal data to external servers. According to the company, this approach addresses growing concerns about data sovereignty, privacy erosion and the concentration of AI processing power in centralized platforms."We have conflated intelligence with centralization," said Lado Okhotnikov, founder of Holiverse. "We built these vast, brilliant minds and asked them to solve our problems. But in doing so, we outsourced our sovereignty."The Holiverse decentralized AI initiative targets three key capabilities:On-device processing: All data remains in a closed loop on the user's hardwareOffline functionality: Intelligence operates without internet connectivityHyper-personalization: Models tuned to individual biological and behavioral data"This is undoubtedly a complex and resource-intensive process, and we are engaging some of the leading AI specialists," Okhotnikov added. "This technology has the potential to significantly reduce the risks associated with AI and make interaction with it truly personal."Holiverse expects to present initial developments publicly in the coming months.About HoliverseHoliverse is a biotech platform that integrates human biology and advanced technology. Founded by Lado Okhotnikov, the company creates holistic health solutions through personalized, data-driven approaches. Learn more at holiverse.ai.Social LinksX: https://x.com/HoliverseTelegram: https://t.me/holiverse_ENGMedia ContactBrand: HoliverseContact: Media teamWebsite: https://holiverse.ai Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Brisbane, Australia--(ACN Newswire via SeaPRwire.com - December 22, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® ENHANCE.THERMAL-XR®/CoolWorx® USA EPA Approval:The Company is excited to announce it has received and accepted the United States Environmental Protection Agency ("EPA") consent notice approval conditions of the Pre-Manufacture Notice ("PMN") for its THERMAL-XR® ENHANCE graphene coating product. The consent notice conditions from the EPA signify a significant milestone in bringing this product to market in the USA, offering energy savings and enhanced corrosion resistance to USA consumers and businesses alike. The EPA's PMN program ensures the safety and environmental soundness of new chemicals and chemical substances introduced into the United States.The first shipment of THERMAL-XR® ENHANCE will be sent to Nu-Calgon for distribution to be re-sold as "Nu-Calgon CoolWorx® powered by GMG Graphene" upon receipt of the fully signed consent notice from the EPA, which is expected early in the new year.GMG's Managing Director and CEO, Craig Nicol, commented: "This is a very significant milestone for the GMG business – to now get approval conditions to sell into the largest HVAC coating market in the world – the United Sates of America – through our distributor and partner Nu-Calgon."GMG's Chairman and Non-Executive Director, Jack Perkowski, commented: "It is really great for GMG to reach this milestone – for two years, GMG and Nu-Calgon have been progressing through the EPA approval process, and it is great to finally see the consent notice approval conditions come through. This is a big step in the Company's development because the United States is such a big market for air conditioning coatings and Nu-Calgon is a great distribution partner."THERMAL-XR® ENHANCE Development and EPA Approval HistoryMonthSignificant Milestones for THERMAL-XR® powered by GMG GrapheneSeptember 2022GMG acquires THERMAL-XR® manufacturing intellectual property and brand rightsGMG ACQUIRES THERMAL-XR MANUFACTURING INTELLECTUAL PROPERTY AND BRAND RIGHTS AND GRANTS RSUs TO DIRECTORS AND OFFICERS - Graphene Manufacturing Group | GMG (graphenemg.com)December 2022Verified Improved Heat Transfer by The University of Queensland. VERIFIED IMPROVED HEAT TRANSFER ON ALUMINIUM WITH THERMAL-XR® & MARKET UPDATE - Graphene Manufacturing Group | GMG (graphenemg.com)February 2023Approval from Australian Industrial Chemicals Introduction Scheme (AICIS)GMG RECEIVES REGULATORY APPROVAL TO ENABLE SIGNIFICANT COMMERCIAL SALES - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023Total available market for THERMAL-XR® estimated by Company to be > US$28.4 billionGMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023First order of THERMAL-XR® > $120,000GMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)May 2023Signing of Distributors for Singapore, Thailand, Indonesia & South KoreaGMG SIGNS THERMAL-XR® DISTRIBUTOR AGREEMENTS IN 4 ASIAN COUNTRIES - Graphene Manufacturing Group | GMG (graphenemg.com)June 2023Independently Verified Heat Transfer & Energy SavingsGMG ANNOUNCES INDEPENDENTLY VERIFIED HEAT TRANSFER AND ENERGY SAVINGS RESULTS FROM THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)July 2023Signing of Nu-Calgon Distribution for North America – USA, Canada, Mexico, & Caribbean.GMG APPOINTS NU-CALGON AS THERMAL-XR® DISTRIBUTOR FOR NORTH AMERICA - Graphene Manufacturing Group | GMG (graphenemg.com)August 2023Commissioning of THERMAL-XR® Coating Bulk Blend PlantGMG PROVIDES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)October 2023Forward Orders > AU$ 400k – Conditional on Import Approvals for some CountriesGMG PROVIDES COMMERCIALISATION UPDATE ON ENERGY SAVINGS COATING THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)December 2023Commissioning of the modular Graphene Production plantGraphene Manufacturing Group Commissions Modular Graphene Production Plant - Graphene Manufacturing Group | GMG (graphenemg.com)January 2024Canada Approval Department of Environment and Climate Change Canada (ECCC)January 2024Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.April 2024GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®December 2024GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR®GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR® About THERMAL-XR® ENHANCE powered by GMG Graphene:THERMAL-XR® ENHANCE coating system is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.THERMAL-XR® ENHANCE is now patented for 20 years in Australia and is expected to be patented in other countries around the world.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the energy savings and enhanced corrosion resistance of the THERMAL-XR® ENHANCE graphene coating product, intentions as to the first shipment of THERMAL-XR® ENHANCE, expectations for receipt of a fully signed consent notice from the EPA. Such forward-looking statements are based on a number of assumptions of management, including the receipt of a fully signed consent notice from the EPA. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation that GMG does not receive or receive on a timely basis the fully signed consent notice from the and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278794 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

WEST PALM BEACH, FL AND ISTANBUL, TURKEY , Dec 22, 2025 - (ACN Newswire via SeaPRwire.com) - USPA Global is pleased to announce the acquisition of Aydinli Hazir Giyim San. Tic. A.S. (Aydinli Group) by HRK Holding A.S. (Saat & Saat). Both entities are licensing partners of U.S. Polo Assn., which is USPA Global's multi-billion-dollar sports brand and the official brand of the United States Polo Association (USPA). As one of the brand's largest partners, the acquisition of Aydinli provides access to more than 50 countries across Turkey, the Middle East, Eastern Europe, and North Africa.With this acquisition of Aydinli, Saat & Saat is expanding the company's regional portfolio alongside its very successful watch business by entering the global apparel industry. With more than nearly 450 U.S. Polo Assn. stores and multiple branded digital sites, U.S. Polo Assn. will continue its record growth. Aydinli is currently one of the leading retail powerhouses in the region, with significant growth potential and a well-established sales network spanning monobrand stores, department stores, and e-commerce channels."We would like to congratulate Ramazan Kaya, as Founder and CEO of Saat & Saat, on the recent acquisition of Aydinli," stated J. Michael Prince, President and CEO of USPA Global, who globally manages the U.S. Polo Assn. brand worldwide. "As a long-time partner of U.S. Polo Assn., we believe this strategic transition will provide our global sports brand the opportunity to elevate and expand our business, targeting $1 billion in retail sales across the region in the coming years.""I would also like to personally thank Mr. Seref Safa, Past Chairman of Aydinli, for his leadership and TMSF for their support over the years. Together, we built a strong foundation that will lead to a bright future," Prince added.Following the successful closing process, Ramazan Kaya, CEO of Saat & Saat, will serve as CEO of Aydinli Group."We're proud to take this important step in our long-standing partnership with U.S. Polo Assn., expanding and strengthening our presence in one of the most dynamic retail markets in the world," said Kaya. "This acquisition allows us to accelerate growth, enhance our capabilities, and position both our company and the brand for a powerful next phase in Turkey, the Middle East, Eastern Europe, and North Africa.""This milestone reflects our shared vision with U.S. Polo Assn. - to elevate an iconic global brand while continuing to innovate and inspire through the lifestyle it represents. The Team at Saat & Saat is energized by the opportunity to shape the future together," Kaya added.The partnership with Aydinli and U.S. Polo Assn. began in 1997, with accelerated growth across the region for nearly 30 years. Among the partnerships, many successes in Istanbul's flagship Istinye Park U.S. Polo Assn. store, completed by Aydinli in 2024. Further, U.S. Polo Assn. has launched nearly a dozen brand-specific websites in the region to enhance digital offerings for customers further and provide easier access to its product offerings, with early results exceeding expectations, reinforcing the authentic connection between the sport and the brand.As one of Turkey and the Middle East's leading casualwear power brands, U.S. Polo Assn. has a retail footprint of more than 1,500 points of sale across more than 50 countries in Turkey, the Middle East, Eastern Europe, and North Africa. With Turkey and the Middle East being one of the global, multi-billion-dollar sports brand's largest markets, the expectation is that U.S. Polo Assn. will be a billion-dollar brand in this region in the coming years. Globally, the U.S. Polo Assn. brand is in 190 countries and has global retail sales of more than $2.5 billion.U.S. Polo Assn. Global Fall 2025 CollectionRamazan Kaya, Founder and CEO of Saat & SaatU.S. Polo Assn. Storefront in Istinye Park, Istanbul, TurkeyAbout U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the governing body of the sport in the United States, founded in 1890 and based at the USPA National Polo Center (NPC) in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide.The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.About Saat & SaatSaat & Saat's journey began in 1971 with wholesale watch trading. Established in 1994, Saat & Saat leveraged its extensive experience in wholesale to make a strong entry into distribution and retail sectors. In 2005, the company opened its first retail store at Cevahir Shopping Mall, marking its entry into the retail market, and in 2009, it expanded into online sales with the launch of its e-commerce platform www.saatvesaat.com.tr. With a brand awareness rate of 85%, Saat & Saat offers its products through 163 stores and shop-in-shops, 699 dealers and chain store, its website www.saatvesaat.com.tr, all major marketplaces, and an international distribution network in over 30 countries. With 30 years of experience, Saat & Saat provides "Comprehensive Technical Service" for all brands across Turkey.Media Contacts:U.S. Polo Assn. Global:Stacey KovalskyVice President, Global PR & Communicationsskovalsky@uspagl.comSaat & SaatBerfin Albayrakpazarlama@saatvesaat.comSOURCE: USPA Global Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

LUXURIOUS DEVELOPMENTS, SPANNING PRIME DISTRICTS IN THE UAE AND COASTAL CITIES IN SRI LANKA, SET NEW BENCHMARKS IN REAL ESTATE EXCELLENCEBANGKOK, Dec 22, 2025 - (ACN Newswire via SeaPRwire.com) - The 2025 PropertyGuru Asia Property Awards recognised real estate excellence from Sri Lanka and the Middle East today during the International Luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.Home Lands Group of Companies won the coveted titles of Best Developer and Best Lifestyle Developer at the 2025 PropertyGuru Asia Property Awards (Sri Lanka). The developer was also honoured for the projects Pentara Residencies - Thummulla Handiya "The Address in Colombo", winner of Best Luxury Condo Development (Colombo); Santorini Resort Apartments & Residencies, Negombo, winner of Best Completed Condo Development; and Bayfonte Marina Resort Apartments & Villas, Negombo, winner of Best Waterfront Condo Development.Other Sri Lankan winners were Groundworth (Pvt) Ltd, recipient of the Special Recognition for Land Investments, and Urbanspace Interiors Pvt Ltd., winner of Best Condo Interior Design for the Pentara Model Apartment.Chedi Hospitality showcased the finest real estate in the Middle East. The luxury hotel group was awarded Best Branded Residential Development (UAE) for The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “South Asia and the Middle East offer investors and end-users alike compelling value propositions with a variety of property types, including luxury branded residences, curated lifestyle concepts, and more. From prime districts in the UAE to coastal cities in Sri Lanka, these markets present developments that take advantage of their location and visual appeal. This year's winners provide a solid foundation for the next generation of developers to build upon.”Dr. Nirmal De Silva, chairperson of the judging panel of the PropertyGuru Asia Property Awards (Sri Lanka) and director and CEO of Paramount Realty, said: “Grounded in ambition and shaped by the island's unique natural beauty, Sri Lanka's real estate market deserves these moments of recognition. From the luxury condominiums and waterfront residences of Colombo and Negombo to the masterful interior designs that modernise island living, these achievements not only exemplify real estate excellence but also embrace the distinctive context and character of this remarkable island. Congratulations to all our winners in Sri Lanka.”The 2025 PropertyGuru Asia Property Awards (Sri Lanka) featured an independent panel of judges, including Dr. Nirmal De Silva; Emeritus Prof. Chitra Weddikkara, managing director of QServe Pte Ltd.; Roshan Madawela, founding director and CEO of the Research Intelligence Unit (RIUNIT); Nandike D. Samaranayake, chartered architect, AIA (SL); and Stephanie Balendra, director of Homes N Spaces Lanka Properties (Pvt) Ltd.The 2025 PropertyGuru Asia Property Awards (Middle East) featured a separate independent panel, composed of Sam Issa, managing director of Realpoint Real Estate Consultancy LLC; Chelsea Elise Perino, managing director of Global Marketing & Communications at The Executive Centre; Imad Damrah, managing director - KSA at Colliers International; James A. Kaplan, CEO of Destination Capital Company Limited; and Stephen Oehme, director of Quantum Analysis PTE LTD Singapore.Dinuk Hettiarachchi, managing partner of HLB Sri Lanka, represented by Nihal Hettiarachchi & Company, Chartered Accountants, supervised the judging process for Sri Lanka. The selection process for the Middle East was supervised by HLB under the leadership of Lavin Nalinababu and Khalid Otain.Winners from Sri Lanka and the Middle East later vied for the Best in Asia titles at the 20th PropertyGuru Asia Property Awards Grand Final, also held on 12 December 2025 in Bangkok, Thailand.Home Lands Group of Companies was proclaimed Best Lifestyle Developer (Asia) while Pentara Model Apartment by Urbanspace Interiors Pvt Ltd. was awarded Best Condo Interior Design (Asia).The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality went on to win the Best Branded Residential Development (Asia) title.The 2025 PropertyGuru Asia Property Awards Grand Final honours top winners from the PropertyGuru Asia Property Awards’ series of events across Australia, Hong Kong, Indonesia, Japan, Macau, Mainland China, Malaysia, the Middle East, the Philippines, Singapore, Sri Lanka, Thailand, and Vietnam.The 2025 PropertyGuru Asia Property Awards (Sri Lanka) and 2025 PropertyGuru Asia Property Awards (Middle East) are supported by official property portal PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.COMPLETE LIST OF WINNERS2025 PropertyGuru Asia Property Awards (Sri Lanka)DEVELOPER AWARDSBest DeveloperWINNER: Home Lands Group of CompaniesBest Lifestyle Developer WINNER: Home Lands Group of CompaniesDEVELOPMENT AWARDSBest Luxury Condo Development (Colombo)WINNER: Pentara Residencies - Thummulla Handiya "The Address in Colombo" by Home Lands Group of CompaniesBest Completed Condo Development WINNER: Santorini Resort Apartments & Residencies, Negombo by Home Lands Group of CompaniesBest Waterfront Condo Development WINNER: Bayfonte Marina Resort Apartments & Villas, Negombo by Home Lands Group of CompaniesDESIGN AWARDBest Condo Interior Design WINNER: Pentara Model Apartment by Urbanspace Interiors Pvt Ltd.SPECIAL AWARDSpecial Recognition for Land InvestmentsWINNER: Groundworth (Pvt) Ltd2025 PropertyGuru Asia Property Awards (Middle East)DEVELOPMENT AWARDBest Branded Residential Development (UAE)WINNER: The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality ABOUT PROPERTYGURU GROUP:PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 32 million property seekers monthly2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 18 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its markets in Singapore, Malaysia, Vietnam, and Thailand as well as the region’s biggest and most respected industry recognition platform – PropertyGuru Asia Property Awards, events, and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.(1) Based on SimilarWeb data between July 2024 and December 2024.(2) Based on Google Analytics data between July 2024 and December 2024.(3) Based on data between October 2024 and December 2024.(4) Based on data between July 2024 and December 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Sales, Nominations, & Sponsorships:Udomluk Suwan, Sales DirectorM: +66 87 699 4433E: may@propertyguru.comMedia & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.comPiyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

MINNEAPOLIS, MN, Dec 19, 2025 - (ACN Newswire via SeaPRwire.com) - Air T, Inc. (NASDAQ:AIRT) is pleased to announce the successful closing of its acquisition of Regional Express Holdings Limited (Rex), Australia's leading regional airline. Air T now owns 100% of Rex and looks forward to beginning a new chapter for Rex and the regional communities it serves across Australia.The transaction includes a comprehensive financing structure designed to support Rex's operations and future growth:Air T is providing a $50 million AUD credit facility that is funded by one of our investor partners. We anticipate that Rex will use this facility to bring its fleet fully back into service, from approximately 31 flyers currently to 45 flyers within the next two years.The Commonwealth of Australia will continue to be a secured creditor of Rex.Rex will have access to an additional undrawn $60 million AUD loan from the Commonwealth of Australia to support the overhaul of its current fleet of Saab 340s and general operations.This financing arrangement reflects the collaborative approach taken by Air T, the Commonwealth of Australia, and other stakeholders to assure Rex thrives for the long-term and continues to service regional Australians. A strong Rex is good for Australia."We are excited to welcome Rex to Air T and to continue the important work of strengthening regional aviation in Australia," said Nick Swenson, Chief Executive Officer of Air T, Inc. "Rex serves communities that depend on reliable air service, and we are committed to ensuring the airline operates on a sustainable basis for the long term. This acquisition aligns with our strategy of investing in essential aviation businesses with strong fundamentals, great management teams and meaningful roles in their markets."Neville Howell, Chief Executive Officer of Regional Express commented, "The acquisition by Air T marks not just the resolution of a challenging chapter, but the beginning of a revitalised one. It is the outcome of disciplined planning, principled decision-making and an unwavering commitment to the regional communities we exist for. With renewed strength and clarity, we move forward, not defined by the turbulence behind us, but by the possibilities ahead.As we move forward, we will remain true to our core. We are an airline with a responsibility to connect Australians, and we will approach this next chapter with the same pragmatism, care and resolve that guided us through the challenges behind us. This partnership does not redefine Rex. It strengthens our capacity to honour the purpose that has always defined us; to serve the regions that built us, with our heart firmly in the country."Air T and Rex are grateful for the support and collaboration of the Administrators, the Commonwealth of Australia, Rex's creditors, and all stakeholders throughout this process.NOTE REGARDING STAKEHOLDER QUESTIONSIf you have questions related to this release or other Air T matters, please use our interactive Q&A capability, through Slido.com, accessible from our website, to submit your questions. We intend to keep that link open and available for shareholder questions. Questions submitted through Slido will be answered "live" and in writing at our Annual Meeting, and via a written response on a quarterly basis. Note that legal and pragmatic requirements restrict us from answering every question posted, yet we intend to address all reasonable and relevant questions with a written answer.ABOUT AIR T, INC.Established in 1980, Air T Inc. is a portfolio of powerful businesses and financial assets, each of which is independent yet interrelated. Its core segments are overnight air cargo, ground equipment sales, commercial jet engines and parts, and corporate and other. We seek to expand, strengthen and diversify Air T's after-tax cash flow per share. Our goal is to build Air T's core businesses, and when appropriate, to expand into adjacent and other industries. We seek to activate growth and overcome challenges while delivering meaningful value for all stakeholders. For more information, visit www.airt.com.ABOUT REXEstablished in 2002, Rex is Australia's largest independent regional airline serving regional and remote communities throughout all states in Australia. Rex has the world's largest fleet of Saab 340 aircraft operating over 1,000 flights per week.In addition to the airline, the Rex Group includes two professional pilot training campuses, the Australian Airline Pilot Academy (AAPA) in Wagga Wagga, NSW and Ballarat, VIC and the propeller maintenance overhaul facility, the Australian Aerospace Propeller Maintenance (AAPM) based in Dingley, VIC.CONTACTTracy Kennedytkennedy@airt.comFORWARD-LOOKING STATEMENTSCertain statements in this press release are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the Company's financial condition, results of operations, plans, objectives, future performance and business. Forward-looking statements include those preceded by, followed by or that include the words "believes", "pending", "future", "expects," "anticipates," "estimates," "depends" or similar expressions. These forward-looking statements involve risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements, because of, among other things, potential risks and uncertainties, such as:An inability to finance our operations through bank or other financing or through the sale of issuance of debt or equity securities;Economic and industry conditions in the Company's markets;The risk that contracts with FedEx could be terminated or adversely modified;The risk that the number of aircraft operated for FedEx will be reduced;The risk that GGS customers will defer or reduce significant orders for deicing equipment;The impact of any terrorist activities on United States soil or abroad;The Company's ability to manage its cost structure for operating expenses, or unanticipated capital requirements, and match them to shifting customer service requirements and production volume levels;The Company's ability to meet debt service covenants and to refinance existing debt obligations;The risk of injury or other damage arising from accidents involving the Company's overnight air cargo operations, equipment or parts sold and/or services provided;Market acceptance of the Company's commercial and military equipment and services;Competition from other providers of similar equipment and services;Changes in government regulation and technology;Changes in the value of marketable securities held as investments;Mild winter weather conditions reducing the demand for deicing equipment;Market acceptance and operational success of the Company's commercial jet engines and parts segment or its aircraft asset management business and related aircraft capital joint venture; andDespite our current indebtedness levels, we and our subsidiaries may still be able to incur substantially more debt, which could further exacerbate the risks associated with our substantial leverage.A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.SOURCE: Air T, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com