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11 Stars Shine In The Michelin Guide Restaurant Ceremony 2026 Hanoi | Ho Chi Minh City | Da Nang

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  • For the first time in Vietnam, the number of Starred restaurants reaches double digits – a milestone that reflects the country’s rapid ascent as a world-class gastronomic destination.
  • In its fourth edition, the 2026 MICHELIN Guide selection in Vietnam reveals a total of 193 establishments, including 11 One MICHELIN Star (2 new), 72 Bib Gourmand (11 new), and 110 MICHELIN Selected (9 new).
  • ONVIT (Hanoi) becomes the first Korean contemporary restaurant in Vietnam awarded One MICHELIN Star.
  • The 2026 edition is unveiled at Ascott Tay Ho, Hanoi, as the MICHELIN Guide marks 100 years of the Star, first awarded in 1926.

HANOI, VIETNAM – Media OutReach Newswire – 5 June 2026 – Michelin officially unveiled the 2026 restaurant selection of the MICHELIN Guide Hanoi | Ho Chi Minh City | Da Nang at The Ascott Tay Ho Hanoi on June 4, 2026. Now in its fourth edition, this year’s selection also celebrates at a moment of exceptional significance.

The MICHELIN Guide awarded its first restaurant Stars in 1926 – one that would go on to shape the way the world eats, travels and celebrates excellence at the table. Over the decades, that legacy has travelled far and discovered new gastronomic experiences, expanding the boundaries of what excellent dining can mean. The ceremony in Vietnam today joins the celebration of this milestone, marking the 100th year since the first Star was awarded.

The newly released restaurant selection showcases 193 establishments, featuring 11 One MICHELIN Star (2 new), 72 Bib Gourmand (11 new), 110 MICHELIN Selected (9 New), alongside 3 restaurants in the MICHELIN Green Star community (1 new). New additions include 7 from Hanoi (1 One MICHELIN Star, 3 Bib Gourmand, 3 MICHELIN Selected), 11 from Ho Chi Minh City (1 One MICHELIN Star, 5 Bib Gourmand, 5 MICHELIN Selected) and 4 from Da Nang (3 Bib Gourmand and 1 MICHELIN Selected). One Ho Chi Minh City restaurant newly joins the MICHELIN Green Star community for its inspiring commitment to zero-waste philosophy and plant-based gastronomy.

Most significantly, this marks the first time in the Guide’s four-year history in Vietnam that the number of Starred restaurants has reached double digits: a clear sign that Vietnam’s culinary world is entering a new level of excellence. Behind that achievement is a generation of culinary talent whose ambition and identity have never been more sharply defined.

“In four years, we have watched Vietnam grow from an exciting discovery into a clear and confident culinary destination. What excites us most this year is the talent and passion behind each restaurant. A new generation of Vietnamese chefs is leading the way, with young cooks who have trained abroad and come home to cook food that is unmistakably their own: rooted in local ingredients, local memories and local pride. That is exactly what the MICHELIN Guide has always sought to honor,” said Gwendal Poullennec, International Director of the MICHELIN Guide. “As we mark a century of the Star, Vietnam reminds us that local gastronomic stories are still being written, and that some of the most exciting chapters are unfolding right here.”

One MICHELIN Star: A New Chapter for Vietnamese Fine Dining

11 restaurants are awarded One MICHELIN Star this year, marking the first time the total has surpassed single-digit since the MICHELIN Guide arrived in Vietnam. Two newcomers bring a perspective that adds new depth to Vietnam’s Starred dining scene:

  • ONVIT (Hanoi): The first Korean restaurant in Vietnam awarded One MICHELIN Star, showcasing an upscale Korean–Vietnamese tasting menu in a tranquil setting where fresh local ingredients meet the traditions of Chef Joon Huk Chi’s Korean heritage.
  • Upstairs (Ho Chi Minh City): An intimate four-table spot above a wine bar, offering Chef Hiệp Trương’s modern Vietnamese tasting menu rooted in Central traditions.

These two newly awarded restaurants join retaining One MICHEIN Star recipients: Gia, Hibana by Koki, Tầm Vị (Hanoi); Long Trieu, Ănăn Saigon, Akuna, CieL, CoCo Dining (Ho Chi Minh City); and La Maison 1888 (Da Nang).

Tales by Chapter Joins the MICHELIN Green Star Community

The MICHELIN Green Star editorially highlights restaurants that, among the MICHELIN Guide selection, have inspired and impressed Inspectors with their committed vision for the future of gastronomy.

This year, Tales by Chapter (Ho Chi Minh City) is the newest restaurant to join the MICHELIN Green Star community recognized for its rigorous zero-waste philosophy and its seasonal, plant-based menu sourced from a partner eco-farm in Da Lat[PS1] and the restaurant’s own rooftop garden. The kitchen transforms trimmings through creative fermentation into mushroom garum and corn koji, while organic by-products are composted back into the soil. Guests are invited into this closed-loop system through interactive installations and a seed-matching game, making the connection between dining and environment impossible to ignore.

Bib Gourmand: 72 Establishments Celebrating the Rich Diversity of Vietnamese Cuisine

The 2026 Bib Gourmand list grows to 72 establishments, with 11 new entries showcasing establishments that our Inspectors consider good quality cooking for good value. The New Bib Gourmand entries include:

In Hanoi

  • Bánh Cuốn Gia Truyền Thanh Vân (Hang Ga Street): Open since 1973 in the heart of the Old Quarter, this family-run spot specialises in bánh cuốn, keeping alive a craft passed down through generations. Everything is made from scratch using traditional methods, resulting in rice rolls that are thin, delicate and soft. The family-recipe dipping sauce strikes a pleasing balance of salty, sweet and sour flavors. Fillings include pork, shrimp and chicken, with extra toppings available.
  • Mammom: This kitchen pays homage to the traditional home cooking of Vietnamese mothers. The chef brings a decade of experience to bear in a repertoire of nearly 100 dishes covering southern, central and northern specialities, each gently cooked with authentic seasonings that preserves their rustic character. A standout is the clam broth, brightened with tomato and pineapple, and the clams are deliciously tender, with sweet and sour flavors expertly balanced.
  • Phở Hà Hàng Hòm: A no-frills phở gà spot on Hang Hom Street, this eatery has earned loyal fans with its rich, satisfying bowls. Native fowl is gently simmered to retain a chewy tenderness, and paired with rice noodles, herbs and steaming hot broth. Xôi gà – sticky rice with chicken and extras like egg or gizzards – is also popular and often sells out early.

In Ho Chi Minh City

  • Bánh Canh Cua Bà Ba: Tucked away down an alley, this compact shop with indoor and outdoor seating is a local favorite. The menu focuses on a single dish: bánh canh cua, a vivid orange crab rice noodle soup – in a smaller bowl for one or claypot for sharing. With a zesty green chilli-lime sauce on the side, the silky broth is generously filled with fish cakes, crab leg meat and egg ribbons.
  • Bánh Cuốn Tây Hồ 127: This once-humble hawker is now an iconic two-storey shop known for its delicate rice paper rolls. Made to order beside the open kitchen, they boast balanced, traditional flavors, such as pork and jicama, and vegetarian options.
  • Bún Riêu Yến: Set on a bustling street corner, the star of this modest eatery is bún riêu: rice noodles (thin, thick or flat) in a tomato and crab broth. The mildly spicy, naturally sweet broth has good depth and pairs well with generous toppings of fresh whelk meat and minced pork that soaks up the broth.
  • Chị Mơ: Phở is the highlight of this restaurant: with a choice of three full-bodied broths, it is made with fresh bones and simmered for 24 hours. Grilled bagrid catfish with crispy rice crackers and umami shrimp paste brings balance, complexity and smoky, textured depth.
  • La Lola: With its bold burnt-orange façade and playful interior of tiled floors and velvet chairs, this vibrant spot delivers Mediterranean charm with a youthful twist. Chef Julio Gomez puts a local twist on classic flavors, in dishes such as gambas al ajillo – plump Vietnamese prawns in aromatic chilli-garlic oil – and a tender and well-seared Ibérico pork steak.

In Da Nang

  • Bà Vui: This enduring local favorite keeps a tight focus, serving just two items: bún gà and xôi gà. The deeply flavored clear chicken broth is lifted by light, refreshing acidity and a subtle touch of black pepper. Served warm, the sticky rice is topped with a mix of tender pulled chicken, pickled onions and a generous handful of fried shallots – and portion sizes are hearty and satisfying.
  • Bánh Bèo – Bánh Đập: This humble shop focuses on just two affordable dishes: bánh bèo and bánh đập. The steamed rice cakes arrive in sets of five, the tender bases topped with a rich pork and wood ear sauce, finished with shallots and peanuts. Made to order, the subtly tangy bánh đập pairs crisp rice crackers with a soft rice wrapper; the accompanying sauce strikes a balance of sweet, salty and fermented notes.
  • Lê Gia Khang (Ngũ Hành Sơn): This shop specialising in Huế-style bún bò makes its robust, savory broth fresh every day. Pick from four toppings including the signature xí quách: the large L-shaped beef bone lends deep flavor and a wealth of textures – meat, cartilage and fatty edges.

MICHELIN Selected: From Street Food to Fine Dining, 110 Establishments Worth Knowing

In addition to Starred and Bib Gourmand restaurants, the MICHELIN Guide Inspectors recommend eateries whose high-quality cuisine simply won them over. This year’s selection of 110 establishments with 9 new additions spans the full spectrum of Vietnam’s dining landscape. Whether a decades-old local favorite or a newly opened international table, each has earned its place through one shared quality: food worth seeking out.

In Hanoi

  • MÀU: Tucked beneath the trees of a historic Hanoi street corner, this gastro wine bar offers à la carte dishes and a chef’s menu, where the food sees modern style balanced with Asian flavors, including subtle Vietnamese notes.
  • Phở Gà Huyền Hương: The concise menu focuses on deeply satisfying bowls of phở. The chicken broth is rich and hearty, offering depth. A beef option provides an equally robust alternative.
  • ZAO: This lively, laid-back restaurant combines global flair and Vietnamese roots, as the Hanoi-born chef is a returnee from a career abroad. Dishes such as tomato bingsu – heirloom cherry tomatoes, buffalo cheese and lime-basil granita – set the tone, alongside razor clam pâté or salmon with baby sprouts for a zingy, refreshing start.

In Ho Chi Minh City

  • Apero: Opened in 2022, the open kitchen turns out unpretentious Italian fare, with pasta as a highlight. Try the rich and creamy carbonara with crispy bacon and parmesan, and save room for the house-made tiramisu.
  • NÔM: Nôm’s tasting menu unfolds as a thoughtful journey through Vietnam’s culinary heritage, moving from the north to central regions, ending with a southern-inspired dessert. Familiar dishes are reworked with finesse – think elegant, complex Huế-style beef noodle soup, or rich fish soup lifted by herb oil and caviar. Each floor reflects a different part of Vietnam, just like the menu.
  • Quán ăn Ngự Bình: Opened decades ago, this modest spot serving Huế comfort food in a casual, welcoming setting has a loyal following. The bún bò Huế features tender beef in a light and soothing soup; bánh bèo and nem nướng are ordered by nearly every table.
  • Sono: Opened in 2022, Chef Kiên Phan blends traditional and modern, crafting dishes that reflect a deep respect for Vietnamese culture. The à la carte menu revolves around the grill, and each tasting menu has its own theme.
  • Tales by Chapter: Vietnam’s first zero-waste, plant-based fine dining concept, this serene villa setting serves seasonal tasting menus based on local produce, rooftop-grown herbs and fermentation. Diners can see dishes being crafted at the chef’s counter, such as corn pie tee – crisp cups of soy-corn purée, charred kernels, kimchi and fermented chili – and chewy porcini-filled rice dumpling cake in a reimagined bánh bột lọc.

In Da Nang:

  • Dì Hoa (Hòa Cường): Run by a husband-and-wife team for over 30 years, Dì Hoa serves Da Nang-style rice paper snacks – khô and ướt – with various toppings. Their khô trứng, often described as “Vietnamese pizza”, is a standout: thin yellow rice paper with quail eggs, pâté, pork floss and shallots is grilled until crisp.

MICHELIN Guide Special Awards

The MICHELIN Guide Special Awards recognize the individuals whose passion and professionalism elevate the entire dining experience. This year’s recipients reflect a broader shift the Inspectors have witnessed across Vietnam: a new generation of hospitality professionals is rising – in the kitchen, on the floor, and behind the wine list – combining international standards with a deeply personal connection to Vietnamese culture.

  • The MICHELIN Guide Opening of the Year Award
New to the 2026 edition, the MICHELIN Guide Opening of the Year Award is given to individuals and teams for the successful opening of a dining venue over the past 12 months, with a creative degustation concept and a cuisine approach which has had an impact on the local gastronomic scene. This year’s award is presented to Chef Chris Fong of NÔM in Ho Chi Minh City. Derived from ancient Vietnamese script, NÔM seamlessly blends Vietnam’s history and culture through innovative culinary classics and “mini-museums” of traditional crafts, offering an immersive journey across the nation’s rich gastronomic heritage.

  • The MICHELIN Guide Young Chef Award
  • The MICHELIN Guide Sommelier Award
  • The MICHELIN Guide Service Award
The MICHELIN Guide Hanoi | Ho Chi Minh City | Da Nang 2026 at a glance:

11 One MICHELIN Star (2 new)
72 Bib Gourmand (11 new)
3 MICHELIN Green Star (1 new)
110 MICHELIN Selected (9 new)

To receive the latest news and updates all year round, visit the MICHELIN Guide website, or download the free app for iOS and Android.

Hashtag: #Michelin

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

About Michelin

Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world.

Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare.

The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AI-based connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide.

Headquartered in Clermont-Ferrand, France, Michelin is present in 175 countries and employs 132,200 people.

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Taiwan International Plant-Based Festival Launches in Singapore: High-End Culinary Partnerships and Diplomatic Exhibitions Shape Premium Agri-Product Branding

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SINGAPORE – Media OutReach Newswire – 1 July 2026 – The “Taiwan International Plant-Based Festival” officially launched in Singapore. Led by Ministry of Agriculture (MOA) Deputy Minister Hu Jong-I, the delegation introduced Taiwan’s premium produce and elite Phalaenopsis orchids into Singapore’s luxury dining and international sectors. The initiative leverages high-end restaurant marketing and immersive thematic exhibitions to showcase the quality, safety, and sustainability of Taiwanese agriculture, actively expanding its reach into premium consumer and international procurement markets.

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.

Photo 2

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

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SIM Academy Enhances Flexible Upskilling Pathways for Adult Learners and Working Parents

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SINGAPORE – Media OutReach Newswire – 1 July 2026 – SIM Academy today announced its continued commitment to supporting adult learners and working parents through flexible, industry-relevant upskilling pathways designed to meet the demands of modern work and life.

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

SIM Academy’s multi-modal delivery approach, spanning online, blended, and in-person formats, provides learners with the flexibility to pursue continuous education at their own pace. By offering industry-aligned programmes in areas such as leadership, innovation, sustainability, and essential workplace skills, SIM Academy empowers adult learners to remain competitive and future-ready.

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

  1. Catalyse Your Career Growth with SIM Academy: https://www.sim.edu.sg/professional-development/overview
  2. Why Learn at SIM?https://www.sim.edu.sg/professional-development/why-sim-for-professional-development
  3. Online short professional courses: https://www.sim.edu.sg/professional-development/courses/online-courses
  4. 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

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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

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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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