Media OutReach
Suanova, a Subsidiary of Yeebo, Unveils Hong Kong’s First Token‑Based NeoCloud Platform, cube-router.com
Aspiring to Become the “Infrastructure Operator” for the AI Era
HONG KONG SAR – Media OutReach Newswire – 11 May 2026 – Suanova Technology Limited (“Suanova”), a wholly-owned subsidiary of Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 00259.HK, together with its subsidiaries is referred to as the “Group”), announced the official launch of its groundbreaking product, cube‑router.com. Powered by an innovative Token‑as‑a‑Service (“TaaS”) architecture, cube-router.com fundamentally redefines how AI computing resources are consumed—transforming them into a standardized, on‑demand public utility that is as seamlessly accessible and metered as electricity or water. The rollout of cube‑router.com marks a pivotal milestone, ushering domestic AI computing services into a new era of “Token as a Service” and injecting strong momentum into the next wave of intelligent transformation.
Core Technology: Pioneering a Heterogeneous Computing Cluster and Tokenized Service System
cube‑router.com is far more than a standalone hardware solution. It is a fully integrated platform that seamlessly combines high‑performance hardware, advanced software, and a precision metering system. Through the coordinated operation of five core modules, the platform comprehensively addresses critical functions, including compute aggregation, workload scheduling, network optimization, precise usage metering, and security assurance. Together, these capabilities form a complete, efficient, and secure TaaS service framework, enabling flexible orchestration and robust delivery of AI computing resources — making compute more accessible, reliable, and scalable for diverse user needs.
Suanova has officially unveiled cube‑router.com and entered into a strategic partnership with HKBN Ltd (01310.HK) to jointly operate Hong Kong’s first NeoCloud platform offering domestically developed Token‑based services. Built on a heterogeneous computing architecture powered by dual-GPU systems from MetaX (688802.SH) and Biren Technology (06082.HK) dual‑GPU systems, cube‑router.com delivers high‑performance and diversified AI computing capabilities tailored to the local market. The platform will be deployed on Suanova’s proprietary “Harvest No. 4” computing cluster.
From “Resource‑Driven” to “Value‑Driven”, Accelerating AI Adoption at Scale
Amid the global surge in generative AI, computing power has emerged as a core production factor driving the digital economy and industrial transformation. With a deep understanding of industry dynamics, Suanova’s launch of cube‑router.com not only introduces a next‑generation AI computing service solution for enterprises, but also underscores the Company’s forward‑looking business vision and long-term ecosystem strategy. By shifting AI computing from a supply‑centric, resource‑driven paradigm toward a value‑driven approach focused on real‑world performance and business impact, cube-router.com is set to accelerate intelligent transformation across industries and drive high‑quality growth throughout the digital economy.
“As a leading domestic AI computing service provider, Suanova is committed to becoming an ‘infrastructure operator’ for the AI era. The official launch of cube‑router.com represents a major leap toward realizing this vision. Looking forward, we will continue to invest in R&D and infrastructure, further optimize compute scheduling algorithms, enhance compatibility across heterogeneous architectures, and reduce Token production costs. At the same time, we are actively cultivating an open and collaborative ecosystem for developers and partners —working together to advance AI computing from merely ‘available’ to truly ‘efficient and accessible’. Our goal is to accelerate the democratization of AI and enable a broader range of enterprises and individuals to fully benefit from the transformative value of artificial intelligence,” said Mr. Chen Da Liang, CEO of Suanova.
Advancing Domestic AI Compute Operations and Building a Balanced AI Ecosystem Across Academia and Industry
Suanova is among the earliest companies in China to invest in domestic computing power and artificial intelligence. It has long focused on compute operations and AI industry-chain development, with a commitment to delivering efficient, reliable, and accessible domestic AI computing services to academic institutions, research organizations, and enterprise clients. Through sustained early‑stage investment, Suanova has established a mature operating model and strong industry presence during the critical growth phase of the domestic AI computing sector. Suanova currently owned and fully operates the “Harvest” series of computing centers in Hong Kong and Shanghai, serving leading academic and scientific research institutions including The Hong Kong University of Science and Technology, Shanghai Jiao Tong University, Fudan University, Tsinghua University, Shanghai Artificial Intelligence Laboratory, as well as industry leaders such as SenseTime (00020.HK) and Knowledge Atlas (02513.HK). Its computing infrastructure supports a wide range of advanced applications, including autonomous driving, embodied intelligence, industrial simulation, image and video analytics, weather forecasting, and computational lithography. Key achievements include:
- Compute Cluster Development: Successfully built and commissioned Shanghai’s first domestically developed thousand — GPU cluster, “Harvest No. 1”, with utilization rates consistently exceeding 95%. The cluster has since been successfully scaled to 2,560 GPUs and stands as one of the industry’s earliest benchmark domestic compute clusters to achieve deep integration across multiple scheduling platforms. The latest “Harvest No. 5” cluster represents Suanova’s first asset‑light managed compute deployment, enabling single-cluster domestic model training at a scale of up to 1,280 GPUs and serving as a reference model for the Shanghai Intelligent Computing Network.
- Domestic GPU Ecosystem Application: Supported multiple institutions and enterprises in completing their first large‑scale thousand‑GPU training workloads using domestically developed GPUs. Suanova also deployed the “Harvest No. 2” cluster for The Hong Kong University of Science and Technology, pioneering the international rollout of Shanghai‑developed GPUs and establishing a benchmark for the global expansion of China’s domestic computing ecosystem.
- Technology Innovation: Independently developed the “Harvest No. 3” cluster — Shanghai Cube, a domestically engineered high‑density compute cabinet featuring a 128‑GPU liquid‑cooled architecture per rack. It not only represents the earliest and highest‑density domestic GPU supernode in China, but also stands as the only Shanghai‑developed GPU supernode to achieve large-scale production and commercial deployment. Shanghai Cube is also the first liquid‑cooled compute cluster built on Shanghai‑developed GPUs.
Strengthening the AI Compute Industry Value Chain to Support Sustainable Ecosystem Development
Alongside its core compute operations, Suanova has adopted a forward‑looking investment strategy across key technologies in the AI computing value chain. These investments span compute chips, switching and networking technologies, foundation models, and lithography — allowing Suanova to capture both industrial and capital-market opportunities from the rapid growth of the domestic AI ecosystem. Several portfolio companies have since successfully listed on mainland China and Hong Kong capital markets, including MetaX (688802.SH), Biren Technology (06082.HK), and Xizhi Technology (01879.HK). This has resulted in a deeply integrated upstream‑downstream ecosystem encompassing hardware supply chains, software platforms, and model applications — delivering both investment returns and sustained growth in Suanova’s computing services business.
“Drawing on its strong foundation in compute operations and forward looking industry investments, Suanova has established itself as a leading pioneer in China’s domestic AI computing sector. As demand for domestic computing power continues to accelerate, Suanova is well positioned to play a pivotal role in the development of AI computing infrastructure and services, supporting the large-scale deployment of AI technologies and the industry’s long term growth. Through Suanova, Yeebo has consistently expanded its investment in AI computing, strengthening its position across China’s AI value chain and building a platform that serves the evolving needs of multiple industries. As market demand enters a period of rapid expansion, our early strategic positioning is translating into sustained momentum. We remain confident that a continued focus on technological fundamentals and ecosystem collaboration will enable the Group to deliver long-term, sustainable value,” said Mr. Fang Yan Tak, Douglas, Chairman of Yeebo.
Hashtag: #Yeebo
The issuer is solely responsible for the content of this announcement.
About Yeebo (International Holdings) Limited
Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company with a well-established presence in the global market. The Company’s core business spans flat panel displays, OLED technologies and capacitors, serving a broad spectrum of industrial and consumer applications. Headquartered in Hong Kong, Yeebo operates its manufacturing operations primarily in the Guangdong and Jiangsu provinces, supporting a global sales network that ensures localized service and support for its international clientele.
In alignment with its long-term strategic vision, Yeebo is leveraging its robust operational foundation to expand into the Artificial Intelligence (“AI”) compute and related sectors. This initiative reflects the Company’s commitment to innovation and technological advancement, with the objective of positioning Yeebo as a leading and influential participant in the rapidly evolving AI industry across mainland China and Hong Kong.
About Suanova Technology Limited
Suanova, under Yeebo, is an innovative technology company focused on delivering independent, efficient, and accessible domestic AI computing services. Its business spans three core areas: computing power and cloud operations, computing technology development and computing industry investment. With branches in Hong Kong and Shanghai, it provides customers with better localized services. It is committed to transforming complex AI infrastructure into simple, efficient, and cost‑effective services through continuous technological innovation, with the goal of becoming a leading “infrastructure operator” in the AI era.
Media OutReach
Taiwan International Plant-Based Festival Launches in Singapore: High-End Culinary Partnerships and Diplomatic Exhibitions Shape Premium Agri-Product Branding
The culinary campaign features a high-profile partnership between “Yang Ming Spring”—a prominent Taiwanese pure vegan culinary group honored with the Michelin Green Star—and Si Chuan Dou Hua Restaurant at PARKROYAL on Beach Road under the Pan Pacific Hotels Group. From July 1 to September 30, this exclusive plant-based menu highlights premium fresh ingredients sourced directly from Taiwan, including water snowflake, green bamboo shoots, cabbage, tea leaves, and the rising export star, the “Mango Pineapple,” elevating Taiwanese produce onto international five-star tables.
The launch was attended by MOA Deputy Minister Hu Jong-I, Ministry counselor Wu Wen-ling, Pan Pacific Hotels Group Executive Director Ms. Wee Wei Ling, and Yang Ming Spring Founder Mr. Chen Chien-Hung. Deputy Minister Hu noted that this festival marks a critical milestone for Taiwanese agriculture as it integrates with green gastronomy globally. The MOA aims to connect Singaporean consumers with Taiwan’s top-tier produce, establishing a premium brand image rooted in food safety and trust to unlock future export channels.
The launch elegantly incorporated Taiwan’s Phalaenopsis orchid floral aesthetics to create a “five-sensory feast” that harmonized taste, vision, and cultural narrative, solidifying Taiwan’s premium brand image. The event successfully drew over 80 distinguished guests, including mainstream Singaporean media, food critics, business chamber representatives, and executive chefs.
Concurrently, the official residence of the Taipei Representative Office in Singapore hosted the festival’s thematic opening reception, serving as a premier venue for cultural diplomacy and showcasing the narrative of Taiwan’s agricultural excellence. The exhibition focused on three themes: Taiwanese orchid aesthetics, Mango Pineapple innovation, and sustainable agriculture tourism. This space demonstrated Taiwan’s agricultural evolution from precision R&D to green sustainability, highlighting its export potential to foreign diplomats and Singaporean trade buyers.
The MOA emphasized that the initiative’s core strategy is to “drive tangible procurement through engaging and immersive experiences in our target markets.” By bridging high-end dining with diplomatic prestige, the three-month campaign will maximize the visibility of Taiwanese agri-products across Southeast Asian markets. Aligning with global net-zero sustainability trends, the festival establishes a safe, premium brand image, paving the way for Taiwanese agriculture to integrate into global high-end supply chains and broader Asia-Pacific channels.
Hashtag: #YMSpring
The issuer is solely responsible for the content of this announcement.
Media OutReach
SIM Academy Enhances Flexible Upskilling Pathways for Adult Learners and Working Parents
As workforce transformation accelerates, many adult learners face a common challenge: balancing professional responsibilities, caregiving commitments, and personal development. Recognising that time constraints remain a key barrier to learning, SIM Academy has developed a range of flexible programme formats that enable learners to upskill without disrupting their daily routines.
Short and focused pathways for working parents
Learning programmes with long course duration can be intimidating for busy adults. Working parents often prefer shorter and more manageable course modules. This is especially useful for parents who may only have short windows of time in the evenings, during lunch breaks, or over the weekend.
Instead of commuting to class every session, parents can learn from home and control their pace more easily. SIM Academy’s online courses are designed to support career mobility and future-proof skills. This is a practical option for learners who need both flexibility and relevance. When pathways are flexible, learners can choose the direction that best aligns with their current stage of life and career.
Supporting career progression across growth areas
SIM Academy’s learning pathways are structured to support progressive skill development across key industry domains. Learners can begin with foundational courses and advance to specialised areas aligned with their career goals.
For instance, individuals seeking to transition into digital roles can build core capabilities before moving into more advanced technical or applied programmes. Similarly, professionals aiming to strengthen leadership competencies can develop skills in communication, collaboration, and people management.
In response to the growing importance of sustainability, SIM Academy also offers programmes tailored for senior professionals, including C-suite leaders, senior management, and SME decision-makers. These courses focus on equipping leaders with the knowledge and tools to address climate-related risks, strengthen governance frameworks, and integrate sustainability into business strategy in line with evolving regulatory requirements.
Enabling Lifelong learning through flexible delivery
As organisations continue to evolve, SIM Academy remains committed to enabling lifelong learning through accessible, practical and flexible education pathways that support both professional growth and personal responsibilities.
References
- Catalyse Your Career Growth with SIM Academy: https://www.sim.edu.sg/professional-development/overview
- Why Learn at SIM?https://www.sim.edu.sg/professional-development/why-sim-for-professional-development
- Online short professional courses: https://www.sim.edu.sg/professional-development/courses/online-courses
- Sustainability courses for C-suite Leaders: https://www.sim.edu.sg/professional-development/courses/sustainability-courses
Hashtag: #SIMAcademy #SIMA
The issuer is solely responsible for the content of this announcement.
About SIM Academy
SIM Academy provides leading-edge professional development and enterprise solutions. SIM Academy offers over 300 executive and business programmes that help almost 10,000 professionals annually on average hone their competencies to drive business value and achieve peak personal and enterprise performance.
Our programmes encompass a comprehensive range of lifelong learning opportunities designed to empower professionals with the knowledge, skills, and competencies necessary to become effective change-makers and leaders in today’s volatile and uncertain business landscape.
For more information on SIM Academy, visit sim.edu.sg
Media OutReach
Yeebo Announces Annual Results for FY25/26 Consolidated Revenue Increased by 13.7% to Approximately HK$1,181 Million Profit Attributable to Owners Amounted to Approximately HK$1,951 Million
AI Business on the Rise, Revenue Soared by Nearly 2.8 Times Fuelling Future Growth
HONG KONG SAR – Media OutReach Newswire – 1 July 2026 – Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 00259.HK, which together with its subsidiaries is referred to as the “Group”) announces its annual results for the year ended 31 March 2026 (the “Year”).
The Group recorded a consolidated revenue of approximately HK$1,181.0 million for the Year, representing a year-on-year increase of 13.7%. The Group’s product portfolio comprises Liquid Crystal Displays (“LCDs”), Liquid Crystal Display modules (“LCMs”), Thin Film Transistor modules (“TFTs”), Capacitive Touch Panel modules (“CTPs”) (collectively “Display Business”), as well as artificial intelligence (“AI”)-related products and AI computing services (collectively “AI Business”). During the year under review, revenue for Display Business increased by 2.6% to HK$1,021.7 million. Among which, the contribution of CTPs to the Group’s total revenue has become increasingly significant, reflecting the Group’s progress in expanding into higher value-added product segments. Meanwhile, the AI Business recorded strong growth, with revenue rising significantly by nearly 2.8 times to HK$159.3 million, emerging as a new growth driver. This rapid expansion highlighted the Group’s early success in developing this segment, which is expected to play an increasingly important role in supporting the Group’s long-term revenue and profitability.
For the year ended 31 March 2026, the Group achieved a gross profit of HK$125.9 million. The gross profit margin decreased slightly to 10.7%. This decline was mainly due to the high fixed costs associated with the AI Business. Profit attributable to owners of the Company surged to approximately HK$1,950.6 million, representing a decrease of HK$838.1 million as compared with that for the preceding year. This was primarily due to a non-recurring gain recorded in the preceding year from the disposal of the Group’s entire interests in Nantong Jianghai Capacitor Company Ltd. (“Nantong Jianghai”) (including the deemed disposal of the remaining 13.81% equity interests), which was a former associate of the Group. Basic earnings per share were HK212.7 cents. The board of directors (“Board”) has proposed to recommend the payment of a final dividend of HK5.0 cents per share for the Year.
Commenting on the annual results of the Group, Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, said, “During the year under review, the global business environment remained challenging. Amid geopolitical tensions and macroeconomic uncertainties, Yeebo remained committed to prudent execution, strengthening operational resilience, and focusing on long-term value creation. On one hand, we continued to broaden the application base of our core display business and deepen customer relationships. On the other hand, we made encouraging progress in scaling up our AI business, advancing ecosystem development, and driving commercial deployment. During the Year, the Group continued to increase its investment in AI compute and related businesses, achieving notable results in building a more comprehensive domestic AI compute service platform in Mainland China. Benefiting from the rapid development of the domestic AI compute industry, our AI business delivered strong growth and has increasingly become a key engine driving the Group’s overall development.”
For the Display Business, Yeebo is encouraged by the meaningful progress made in broadening our product offering, reflecting stronger product development capability and deeper engagement with customers. During the Year, the Group successfully secured consistent or first mass production orders across four application segments, namely (i) commercial coffee machines, (ii) automotive, (iii) household appliances and (iv) agricultural and construction machinery, demonstrating the Group’s continued market expansion and laying a solid foundation for robust growth in Display Business going forward.
Regarding to the AI Compute and related business, Yeebo has operated its AI compute and related businesses through its wholly owned subsidiary, Suanova Technology Limited (“Suanova”) over the past few years, and has successfully established itself as a key participant in China’s AI industry value chain. Yeebo continued to step up its investment in AI compute and related businesses during the Year. Its investments into early-stage AI companies, including MetaX Integrated Circuits (Shanghai) Co Ltd (688802.SH), Shanghai Biren Technology Co Ltd (06082.HK) and Shanghai Xizhi Technology Co Ltd (01879.HK), have generated strong and favorable returns.
For the AI Business development, the Group expanded the number of domestic graphics processing unit (“GPU”) clusters operated or managed under the public cloud service model to five, with utilization generally maintained at above 90%. These compute resources supported a broad range of AI for Science (“AI4S”) applications as well as foundation model training and inferencing scenarios. It demonstrated the Group’s increasingly mature capabilities in multi-network architecture compatibility, multi-platform scheduling, layered compute optimization and diversified application deployment. At the same time, the Group began to engage in the integration and delivery of private cloud GPU clusters of different scales and commenced the development of full-stack end-to-end AI solutions, taking initial steps toward becoming a domestic compute service provider with broader and more comprehensive service capabilities.
Over the past year, users of domestic GPU clusters were primarily concentrated in the AI4S field. Through long-term collaboration with leading universities and research institutions (Shanghai Jiao Tong University, Fudan University, Tsinghua University, the Shanghai AI Laboratory, the Shanghai Institute for Advanced Algorithms, Zhejiang University, Hong Kong Polytechnic University, Hong Kong University of Science and Technology, Westlake University etc.), the Group established a strong base of core users for the domestic GPU clusters. The Group progressively expanded the usage of domestic GPU clusters to foundation models and vertical industry-specific models across both training and inferencing. Through investing in selected early-stage AI companies with differentiated core capabilities, the Group further promoted the adoption of domestic GPU clusters. In addition, the Group has also completed the first single domestic GPU cluster training task at the thousand-card scale, further strengthening its leading position in the industry.
The Group believes the long-term strategic importance of domestic compute capabilities remains compelling. Through equity investments, joint research and development and business collaboration, the Group has actively begun to build an integrated ecosystem. Leveraging the AI computing ecosystem, the Group has collaborated closely with various key domestic hardware and software partners to enhance mutual compatibility and achieve synergistic optimization. This further strengthens the Group’s capabilities in computing adaptation and scheduling optimization. Looking ahead, the Group will further accelerate the development of end-to-end domestic AI compute solutions for selected industries, including healthcare, financial services and AI4S, as well as model tools and extensions (such as low bit low resource training and memory OS). By combining relevant AI solutions with integrated domestic AI compute hardware and software, and offering flexible deployment through public cloud or private cloud models, we believe this business is increasingly well positioned to capture the opportunities arising from the continued development of AI.
The Group’s capacitor-related investment interests continued to contribute to the overall strength of the Group’s asset base during the Year. As at 31 March 2026, the Group held 100,600,932 shares in Nantong Jianghai, with a fair value of approximately HK$3.3 billion.
Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, concluded, “Looking ahead, we will continue to refine our product portfolio, elevate production excellence, and optimize our customer structure to sustain our market position in the display market, while exploring new applications for our products across various sectors. We will continue to strengthen its strategic deployment in AI computing, and actively support Suanova in unlocking its technological innovation capabilities and platform potential. We believe that as AI applications continue to expand and deepen, computing power is gradually evolving into a core driving force behind a new wave of industrial upgrading. In the face of the historic opportunities brought by the AI wave, the Group will further intensify its investment in AI business, focusing on high-growth technology companies, and create synergies through collaboration to fully capture the development opportunities arising from the continued expansion of the AI computing market. We firmly believe that by upholding our commitment to technological innovation and continuously deepening ecosystem collaboration, we will sustain a leading position in the intelligent era and deliver long-term, sustainable value to the Group and its shareholders.”
Hashtag: #Yeebo
The issuer is solely responsible for the content of this announcement.
About Yeebo (International Holdings) Limited
Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company with a well-established presence in the global market. The Company’s core business spans flat panel displays, computing power and capacitors, serving a broad spectrum of industrial and consumer applications. Headquartered in Hong Kong, Yeebo operates its manufacturing operations primarily in the Guangdong and Jiangsu provinces, supporting a global sales network that ensures localized service and support for its international clientele.
In alignment with its long-term strategic vision, Yeebo is leveraging its robust operational foundation to expand into the Artificial Intelligence (“AI”) compute and related sectors. This initiative reflects the Company’s commitment to innovation and technological advancement, with the objective of positioning Yeebo as a leading and influential participant in the rapidly evolving AI industry across Chinese Mainland and Hong Kong.
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