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Phancy Reaches Strategic Partnership with Huanxi Media Pioneering the “AI + Entertainment” New Ecosystem

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HONG KONG SAR – Media OutReach Newswire – 20 May 2026 – Phancy Group Co., Ltd. (Stock Code: 6682.HK), a leading Artificial General Intelligence (AGI) company, today announced that it has entered into a strategic cooperation and joint venture framework agreement with Huanxi Media Group Limited (“Huanxi Media”, stock code: 1003.HK), a prominent player in film and television entertainment.

By combining Phancy’s comprehensive full-stack AI capabilities with Huanxi Media’s extensive film and television data, intellectual property (IP) assets, and production expertise, the two companies aim to drive the entertainment industry’s shift from digitalization to true intelligence.

Under the framework agreement, the parties plan to set up a joint venture as the collaboration platform. They will pursue in-depth cooperation across several key areas, including data collaboration, development of large models and Agents for film and television, exploration of AI applications in new entertainment scenarios, AI-powered joint production and content creation, IP derivative development, and broader resources collaboration.

In addition, the two parties have signed a framework agreement for large model API services. Huanxi Media intends to adopt Phancy’s advanced large model and API services, with a targeted cumulative service value of no less than US$200 million through Token consumption over the next three years. The substantial long-term commitment highlights strong market confidence in the reliability and commercial strength of Phancy’s AI Platform, and is expected to provide the Company with stable, recurring revenue streams.

Dr. Dai Wenyuan, Founder and CEO of Phancy, said: “The entertainment sector is one of the most valuable and promising application scenarios for AI. This in-depth strategic partnership with Huanxi Media represents a strong alliance between our two companies and our shared vision to build a new industry ecosystem. As a leader in full-stack AI infrastructure and technical services, we at Phancy will fully leverage our core strengths in large model development, Agentic AI, heterogeneous computing power scheduling, and our Token ecosystem to empower the entire value chain of the entertainment industry. Moving forward, we will work closely with Huanxi Media, combining our respective technological advantages and industry resources to unlock new growth potential in the AI-powered entertainment sector.”

Strategic Significance of the Partnership

Phancy’s full-stack AI capabilities have taken a major step forward, moving from general platform services into deep vertical integration within the entertainment ecosystem. By embedding its self-developed AI technologies into Huanxi Media’s rich data, production environments, and IP assets, Phancy can integrate cutting-edge tools directly into content creation and daily operations, turning advanced technology into real business impact.

The film and television industry is going through a fundamental transformation. From assisted creation to intelligent production, and from virtual actors to interactive film and gaming experiences, AI is reshaping the entire content production process. The two parties will collaborate on frontier areas such as co-productions, digital human actor development, AI-generated realistic dramas, and interactive film-game projects. This partnership will move AI beyond a supporting tool and make it a core driver of content creation. Leveraging Phancy’s strengths in domestic computing power adaptation and integrated hardware-software solutions, the collaboration will significantly reduce the barriers and costs of using AI in the entertainment industry and speed up its adoption in actual productions.

This strategic alliance is an important move for Phancy as it expands its presence in real-world AI applications and deepens its industry impact. It is also expected to set a new benchmark for intelligent transformation in the entertainment sector. The two companies will continue to explore innovative ways to integrate AI with entertainment, create high-quality intelligent content, and help drive the industry into a new stage of high-quality intelligent development.

Hashtag: #PhancyGroup

The issuer is solely responsible for the content of this announcement.

About Phancy Group

Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient “Token Factory.”

Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in Artificial General Intelligence.

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Expereo Achieves EcoVadis Silver Rating for Sustainable Supply Chain Performance

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SINGAPORE – Media OutReach Newswire – 21 May 2026 – Expereo, the world-leading Managed Network-as-a-Service (NaaS) provider, announced it has been awarded an EcoVadis Silver Rating ranking in the 92nd percentile and placing among the top 15% of its industry category this year. This reflects a 10-point improvement from its previous Bronze rating, strengthening the company’s position in sustainable supply chain performance, ESG governance and responsible business practices.

The company recorded gains across all four EcoVadis assessment pillars: Environment, Labour and Human Rights, Ethics, and Sustainable Procurement. The strongest improvements came in Environment, up 10 points, and Labour and Human Rights, which rose 19 points year-on-year, with the latter independently validated by Expereo’s Great Place to Work UAE Certification for 2026 and Singapore Employee Experience of the Year win at the Asian Experience Awards 2025.

Commenting on the recognition, Ben Elms CEO Expereo, said, “We are incredibly proud of this achievement. Moving from a Bronze to a Silver rating in just a year reflects the progress our teams have made in embedding sustainability across our operations, procurement, and people practices.

We have reduced material consumption, minimised waste, and rolled out initiatives such as the Cisco Refurbish Project, while strengthening risk assessments and introducing biannual supplier sustainability evaluations. These efforts give our customers confidence that they are working with a company aligned with their values and ethical business standards. This milestone is a testament to our collective commitment to driving meaningful and lasting impact, and we look forward to building on this momentum in the year ahead.”

Looking ahead, Expereo plans to expand the use of refurbished equipment, further align cloud hosting and supplier selection with lower-carbon criteria, and deepen transparency across its value chain.

This builds on its FY25 sustainability strategy anchored around three core pillars:

Environment: building a rigorous CO₂ inventory and embedding circular economy practices across its operations,

People: investing in employee health, wellbeing and a more inclusive workplace culture across its global teams,

Green procurement policy: implementing strong sustainability criteria for Data Centre partnership focused on clean energy, prioritizing the procurement of recycled customer equipment and extending CPE lifecycle in a safe manner.

These initiatives are designed to support customer and partner expectations for more resilient, transparent and sustainable digital infrastructure. By combining supplier governance, circular economy practices and improved carbon accounting, Expereo is building a more data-driven foundation for future ESG performance and reporting.

Hashtag: #Expereo #EcoVadis

The issuer is solely responsible for the content of this announcement.

About Expereo

Expereo is a world-leading Managed Network as a Service provider that connects people, places, and things anywhere. Solutions include Global Internet, SD-WAN/SASE, and Enhanced Internet. With an extensive global reach, Expereo is the trusted partner of 60% of Fortune 500 companies. It powers enterprise and government sites in more than 190 countries, with the ability to connect to any location worldwide, working with over 2,300 partners to help customers improve productivity and empowering their networks and cloud services with the agility, flexibility, and value of the Internet, with optimal network performance.

Expereo was acquired in Feb 2021, by Vitruvian Partners which acquired a majority shareholding from Seven2.

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TP deepens AI data services capabilities across APAC markets – showcased live at Asia Tech x Singapore 2026

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SINGAPORE – Media OutReach Newswire – 21 May 2026 – As part of its Future Forward strategy, global digital business services leader TP (ex-Teleperformance) is deepening its award-winning TP.ai Data Services capabilities across Asian markets. This is in response to rising enterprise demand for AI systems trained in local languages and compliant with evolving in-country data residency and governance requirements.

As enterprises accelerate AI deployment across Asia, success will increasingly depend on the quality, localization and governance of the underlying data powering these systems. At Asia Tech x Singapore 2026 this week, TP is present on the ground and is delivering two sessions to cover the insights of TP’s Future Forward strategy of scaling AI-led services.

Assaf Tarnopolsky, TP’s Chief Business Development & Customer Officer, APAC is joining the panel “The Enterprise AI Execution Challenge” to discuss the advantages of Asia-based enterprises in investing in robust data preparation before constructing AI tools. Michael Costevec, Head of Value Creation Office, TP APAC and Jonathan Phang, CTO, TP APAC are also delivering a keynote on “AI Orchestration in the World’s Most Complex Markets”, which covers the principles behind the shift from AI operations to AI orchestration.

TP.ai Data Services, an end-to-end AI data services solution, enables enterprises to build, train and scale AI systems that are locally relevant, operationally resilient and deployment-ready across Asia’s diverse markets. With specialized AI practitioners distributed across Singapore, Malaysia, Indonesia, Thailand, China, Japan, South Korea and Vietnam, TP delivers end-to-end AI/ML and GenAI support services, including data collection, validation, annotation, labeling, model evaluation, analytics operations and human-in-the-loop governance.

“The companies seeing real operational impact from AI in Asia are the ones investing in scalable data foundations, in-country execution and human expertise alongside the technology itself,” said Dave Rizzo, APAC President, TP. TP.ai Data Services has a proven track record in supporting customer live deployment. Within three weeks, it successfully created customized warehouse video streams, annotated with detailed object labels and dimensional data, enabling physical AI model training to support a client with real-time worker-safety-risk detection.

TP has been recognized globally for helping organizations move beyond fragmented data operations and reporting toward an analytics-led operating model that improves performance, governance, and AI outcomes. The 2026 Data Breakthrough Awards named TP’s data analytics services Overall Data Analytics Platform of the Year, citing measurable business results, including:

  • Up to 31% improvement in customer experience quality scores
  • Up to 30% lift in sales conversions
  • Up to 20% improvement in resource forecasting accuracy
  • Up to 15% gains in workforce efficiency

Beyond technology delivery, TP also places strong emphasis on preparing its own workforce for an AI-led operating environment. Across APAC, TP continues to invest in AI upskilling programs that equip employees with capabilities in model evaluation, synthetic data, human-in-the-loop and human-on-the-loop orchestration and AI governance. By combining advanced AI systems with locally trained human expertise, TP enables enterprises to scale AI responsibly across diverse Asian markets, ensuring that innovation remains grounded in cultural understanding, operational oversight and real-world business outcomes.

Hashtag: #TP

The issuer is solely responsible for the content of this announcement.

ABOUT TP IN SINGAPORE

TP in Singapore is part of the , a global leader in digital business services which consistently seeks to blend the best of advanced technology with human empathy to deliver enhanced customer care that is simpler, faster, and safer for the world’s biggest brands and their customers. The Group’s comprehensive, AI-powered service portfolio ranges from front office customer care to back-office functions, including high-value digital transformation services, collections and operations consulting. It also offers a range of specialized services such as interpreting and localization, visa and consular services, and recruitment process outsourcing services. The teams of multilingual, inspired, and passionate experts and advisors, spread across close to 100 countries, as well as the Group’s local presence allows it to be a force of good in supporting communities, clients, and the environment.

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State Street Expands Global Operating Model with New Manila Office

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MANILA, PHILLIPINES – .

*Assets under management as of March 31, 2026 includes approximately US$184 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated.

© 2026 State Street Corporation
8937957.1.1.GBL.RTL
Exp. May 31, 2027

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