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Hang Lung Expands Retail Portfolio in Wuxi, Marking Another Milestone of Their V.3 Strategy

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Long-term operating lease to expand Center 66’s retail area by nearly 40%

HONG KONG AND SHANGHAI – Media OutReach Newswire – 9 December 2025 – Hang Lung Properties Limited (SEHK Stock Code: 00101) (“Hang Lung” or the “Company”) today announced a partnership with Wuxi Liangxi City Development Group Co., Ltd.* to secure a long-term operating lease for a landmark commercial redevelopment project in central Wuxi. Expected to foster strong synergy with the adjacent Center 66, the latest project is a key initiative under Hang Lung V.3, the Company’s strategic blueprint for growth, and will further solidify Hang Lung’s leading position in Eastern China’s premium retail market. Formerly known as the Wuxi New World Department Store, the project will add approximately 47,000 square meters of commercial space, expanding the total retail footprint of the Center 66 complex by 38% to approximately 169,000 square meters.

Artist’s impression of Center 66 Expansion

Situated in a prime location in Wuxi central business district, the new project enjoys seamless connection to the subway. Hang Lung’s redevelopment plan envisions an urban living transformation for the new generation of young discerning consumers, featuring experiential retail and community connections and ensuring smooth connectivity and integration with the Center 66 complex. The transformed destination will introduce over 80 curated brands spanning food and beverage, fashion, and lifestyle experiences.

Artist’s impression of Center 66 Expansion
Artist’s impression of Center 66 Expansion

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, said, “We are delighted to have secured this project, which marks another significant milestone for Hang Lung V.3 strategy that guides the next phase of our growth. Wuxi is one of strategically important markets for our expansion into the Chinese Mainland and deepening presence within the Yangtze River Delta. Its influence extends across Suzhou and Changzhou, while benefiting from synergistic connections with Shanghai, Nanjing, and Hangzhou. The project not only serves as a testament to Hang Lung’s core operational capabilities but also reflects the invaluable trust and support of Wuxi and Liangxi District governments.

Site Plan of Center 66 and its Expansion
Site Plan of Center 66 and its Expansion

“Beyond solidifying our market leadership, it will greatly enhance Center 66’s value as it continues to evolve into a premier destination in Southern Jiangsu Province, following its recent Phase 2 launch, which includes Center Residences and the upcoming Curio Collection by Hilton hotel. By placing customers at the heart of our business and deploying capital efficiently, we are dedicated to delivering attractive stakeholder returns in the long run, while injecting sustained vitality into Wuxi’s commercial development and urban renewal.”

Signing Ceremony for Phase III of Center 66, Wuxi
Signing Ceremony for Phase III of Center 66, Wuxi

The Hang Lung V.3 strategy focuses on elevating customer experience and expanding the Company’s presence in its existing markets through capital-efficient and highly selective reinvestments. These projects are designed to be immediately relevant to existing portfolio, enhancing their scale, visibility, and accessibility to maximize investment returns. Over the past year, the Company has successfully launched several V.3 initiatives, including the Plaza 66 Pavilion Extension, Spring City 66’s Shangyi Street, and the Westlake 66 Expansion.

Mr. Jiang Feng, Mayor of Wuxi, and Mr. Adriel Chan, Chair of Hang Lung, jointly witnessed the project’s signing ceremony in Wuxi. They are joined by Mr. Chen Shoubin, Secretary General of the Wuxi Municipal Government, and Mr. Weber Lo, Chief Executive Officer of Hang Lung.

*The official Chinese name is 无锡市梁溪城市发展集团有限公司.

Appendix

About Center 66 Expansion

Address: 319-339, 341 Zhongshan Road, Wuxi

Gross Floor Area (GFA) Breakdown:

(Sq. m.) Center 66 incl. Phase 2 Center 66 Expansion After completion

of Center 66 Expansion

Total 549,321 Approx. 55,000 Approx. 604,321
Retail 122,227 Approx. 47,000 Approx. 169,227
Office 137,543 137,543
Residences 101,153 101,153
Hotel 7,165 7,165
Car Parks/ Others 181,233 Approx. 8,000 Approx. 189,233

Recent Hang Lung V.3 Examples

Project City Asset Enhancement
Shangyi Street of Spring City 66 Kunming Create a must-visit streetscape destination for urban explorers and a photography hotspot
Pavilion Extension of Plaza 66 Shanghai Expand Plaza 66’s retail space by 13% based on leasable floor area
Westlake 66 Expansion Hangzhou Increase Westlake 66’s retail area by about 40% and street frontage by over 200%
Center 66 Expansion Wuxi Increase Center 66’s retail area by 38%

Hashtag: #HangLung

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong and Shanghai, the Company manages a portfolio of over 3.5 million square meters of retail, office, residential, and hotel properties across Hong Kong and the Chinese Mainland.

The Company’s diverse portfolio in Hong Kong includes office towers and malls in prime districts, as well as luxury residential developments in prestigious areas. In the Chinese Mainland, under the signature “66” brand, the Company’s mixed-use and retail developments are regarded as premium landmarks, strategically located in the hearts of key cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan, and Hangzhou.

The Company is recognized for pioneering sustainability in the real estate industry, with an MSCI ESG rating of AA and inclusion on CDP “A List” for Climate Change. The Company powers 80% of its operating properties in the Chinese Mainland with renewable energy, with a net-zero commitment by 2050.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

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Southco’s Blind Mate Floating Mechanism Empowers Efficient Cooling in Data Centers

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HONG KONG SAR – Media OutReach Newswire – 20 January 2026 – Global computing power is growing aggressively and pushing high-density chip power consumption. As this power density increases, traditional air cooling is reaching its physical limits, and once-fringe liquid cooling technology, boasting thermal efficiency hundreds of times greater than air cooling, is rapidly becoming core infrastructure.

Southco’s Floating Mechanism

Driven by global sustainability targets and the need for high-performance, energy-efficient infrastructures, new large data centers must achieve their targeted PUE values, accelerating the industry towards large-scale liquid cooling. However, reliability issues stemming from insufficient mechanical tolerances at the connection points of liquid cooling systems are becoming a critical bottleneck for energy efficiency upgrades and stable operation. Southco recognizes the severity of this challenge and is committed to providing breakthrough solutions.

Minor Deviations, Major Costs

During the large-scale deployment of liquid cooling technology, the reliability of connection interfaces is vital. According to key data from the Open Compute Project (OCP) “Rack-Mounted Manifold Requirements and Verification Guidelines,” a mere 1mm increase in mechanical deviation at liquid cooling interfaces can significantly raise system flow resistance by 15%, leading to a 7% increase in pump energy consumption! This is no trivial amount; in a hyperscale data center with thousands of interfaces, it translates to millions of kilowatt-hours of additional energy consumption and substantial operational costs each year. More concerning is that traditional rigid connection solutions typically offer only ±0.5mm of static tolerance, which proves inadequate in complex real-world environments like these:

  • Accumulation of Multi-Dimensional Installation Deviations: In mixed deployment scenarios of widely used EIA-310-D standard racks and advanced ORV3 open architectures, rack installation tolerances can accumulate up to ±3.2mm, far exceeding the limits of traditional solutions.
  • Dynamic Vibration Impacts: In ISTA 3-E vibration tests simulating real transportation and operating environments, interface displacement often exceeds 2.8mm, posing significant risks of leaks or connection failures.
  • Material Thermal Expansion Effects: Under a typical temperature change of 55°C, copper alloy manifolds can expand approximately 1.2mm per meter, continuously challenging fixed interfaces.

These dynamic, multi-dimensional deviations underline the urgent need for an intelligent, reliable sealing connection solution to ensure the long-term, efficient, and safe operation of liquid cooling systems.

Blind Mate Quick Disconnect: A Connection for a Dynamic World

As a century-old expert in precision engineering, Southco confronts this challenge head-on with the launch of the revolutionary new “Blind Mate Floating Mechanism” liquid cooling connection solution. This innovation is not just a new product; it is a systematic response to profound insight into industry pain points.

Current Status and Trends of Blind Mate Floating Technology

Liquid cooling technology is rapidly gaining traction in high-performance computing (HPC), AI training clusters, and hyperscale data centers. Blind mate technology allows devices to connect without precise visual alignment, making it a core interface solution for rapid deployment and efficient maintenance in liquid cooling systems (especially cold plate systems). The development trends are clear:

  • Higher Tolerance Capacity: Adapting to more complex rack environments and dynamic changes is essential.
  • Increased Reliability: Zero leakage, long lifespan, and resistance to extreme conditions are basic requirements.
  • Intelligent Integration: Integrating sensors for flow, temperature, pressure, etc., for real-time monitoring and predictive maintenance is a future direction.
  • Standardization and Compatibility: Supporting OCP ORV3 and other open standards for seamless integration across platforms and manufacturers.
  • Lightweight and Compact Design: Meeting the demands of higher density deployments.

Southco’s Blind Mate Floating Mechanism exemplifies innovative design centered around these core trends.

Advantages Over Traditional Solutions

Compared to traditional fixed or simple floating heat transfer connection solutions, Southco’s “Blind Mate Floating Mechanism” offers a qualitative leap with advantages evident across multiple dimensions.

  • Three-Dimensional Dynamic Tolerance Control: Southco’s innovative design features a groundbreaking three-dimensional dynamic compensation mechanism: ±4mm of floating tolerance in the radial direction (2° tilt compensation) and 6mm of displacement absorption capacity in the axial direction. This far exceeds common static tolerances in the industry, effectively absorbing and adapting to all previously mentioned installation tolerances, vibration displacements, and thermal expansion deformations.
  • Self-Centering Mechanism: When the liquid-cooled blind-plug connector is unplugged, the floating structure automatically resets to the center position, ensuring sufficient floating space for plugging and unplugging operations, fully meeting the strict tolerance requirements of OCP and ORV3 standards.
  • Outstanding Sealing Performance for Long-Term Operation: Products endure rigorous ASME B31.3 standard 300psig burst pressure tests, ensuring over 10 years of service life, providing long-term stability for data centers, an achievement traditional solutions cannot match.
  • Efficient Maintenance and Significant Cost Reduction: Featuring the Universal Quick Disconnect Blind (UQDB) interface, the design enables genuine “blind operations,” allowing server maintenance without precise alignment or specialized tools. Quick disconnect capabilities make server replacement or upgrades as convenient as “hot plugging,” reducing downtime and related losses by over 90%.

The Necessity of Blind Mate Floating Mechanism

In AI computing clusters and next-generation data centers, adopting advanced connection solutions like Southco’s “Blind Mate Floating Mechanism” is no longer optional, but essential.

  • Key to Overcoming Cooling Bottlenecks: High power density is an inevitable trend; traditional cooling and rigid connections can no longer meet the demand. The Blind Mate Floating Mechanism is foundational for unleashing the full potential of liquid cooling and ensuring efficient, stable operation of cooling systems.
  • Cornerstone of Business Continuity: The costs of data center downtime are immense. The rapid, reliable thermal maintenance supported by the Blind Mate Floating Mechanism is vital for ensuring uninterrupted operation of critical business activities 24/7.
  • Core to Achieving Green and Low-Carbon Goals: Minor deviations in connectors leading to increased flow resistance can significantly elevate pump energy consumption. Its high-tolerance, low-flow resistance design directly contributes to lowering data center PUE values, making it an important element in energy conservation and emissions reduction goals.
  • Flexibility for Future Expansion and Upgrading: Modular and standardized design enables data centers to expand capacity and upgrade equipment more flexibly, easily accommodating future increases in computing power demand and technological iterations.

Continuous Innovation, Intelligent Cooling Ahead

According to the “Open Rack V3” white paper, liquid cooling penetration in hyperscale data centers is expected to exceed 40% by 2025. Southco continues to invest in R&D to iterate floating mechanism technology:

* Exploring lightweight high-performance materials (like PPSU thermoplastic) to reduce weight while maintaining strength.
* Advancing intelligent sensor integration for real-time monitoring of key parameters like flow and temperature, providing data for predictive maintenance and energy efficiency optimization.
* Deepening ecosystem collaboration and standardization to promote liquid cooling interfaces in higher density, lower TCO, and broader applications.

As liquid cooling technology transitions from optional to essential, Southco’s “Blind Mate ” represents a precision engineering product innovation, and a profound understanding of cooling challenges in the data center industry. By integrating over a century of precision mechanical design expertise with innovative three-dimensional dynamic tolerance control technology, Southco strives to help global data centers break through cooling bottlenecks, building a more efficient, reliable, and greener foundation for computing power, empowering infinite possibilities in the digital age.

For more information, please click here for more details.
Hashtag: #southco #liquidcooling #EnterpriseComputing #innovations

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

About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 75 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

Southco Asia Limited
2401, Tower 2, Ever Gain Plaza
88 Container Port Road, Kwai Chung
Hong Kong

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Personalizing The Hong Kong Stay Experience With Dorsett Kai Tak’s ‘3 Wishes’ Package

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Save up to 25% with THREE self-chosen perks to match each journey— whether for family fun or business needs

HONG KONG SAR – Media OutReach Newswire – 20 January 2026 – Dorsett Kai Tak, Hong Kong invites travellers to personalize their Hong Kong stay with the Dorsett 3 Wishes Room Package. Guests can enjoy up to 25% savings on a twonight stay while choosing THREE perks from a list of nine, tailored to their travel purpose—whether for leisure or business—combining modern luxury with authentic local experiences.

Stays Tailored for Every Kind of Traveller

For families and leisure travellers: enjoy local snacks vouchers from Kowloon City’s “Little Thailand”—with treats like egg waffles, pandan buns, or mango‑longan‑coconut dessert—plus options such as complimentary breakfast, room upgrade or a free Octopus card for easy city travel.

For business travellers: choose perks like an Airport Express ticket to Kowloon Station, complimentary suit pressing, or a local data SIM card to stay connected.

Dorsett Kai Tak sits beside the iconic Kai Tak Sports Park, home to world-class concerts and international sporting events. Guests enjoy exclusive walkway access to the Main Stadium and Kai Tak malls. Complimentary shuttle service to AIRSIDE mega mall and Kai Tak MTR ensures easy shopping and city exploration.

Leisure travellers can explore Kowloon Walled City Park for a glimpse of the city’s past or visit the former Kai Tak Airport site for aviation history. Foodies may wander through Kowloon City for Southeast Asian flavours or enjoy traditional Chiu Chow cuisine.

Featuring 373 contemporary rooms, including family-friendly triples, quads, connecting rooms, and balcony suites — ideal for groups of friends or families. Dining options include Jin Bo Law Skybar, Kai Fuk Lau, and Siete Ocho.

Book direct on the official Dorsett Kai Tak website to enjoy a personalized and authentic Hong Kong journey.

Hashtag: #DorsettKaiTak

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

About Dorsett Kai Tak, Hong Kong

This flagship property of Dorsett Hospitality International offers a modern five‑star stay in Hong Kong’s historic Kai Tak district. Conveniently located near Kai Tak Sports Park, the hotel provides exclusive stadium access and a complimentary shuttle to AIRSIDE and Kai Tak MTR.

Guests can choose from 373 stylish rooms and suites—including family-friendly options and the Presidential Pool Suite—and enjoy an infinity pool, 24-hour gym, Jin Bo Law Skybar, and dining at Kai Fuk Lau and Siete Ocho.

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SNP Supervisory Board Extends Contract of CEO Jens Amail Ahead of Schedule

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  • Contract of Jens Amail extended until December 2030
  • Early renewal reflects strong operational performance and successful strategic development
  • Partnership with Carlyle marks next phase of SNP’s growth trajectory

HEIDELBERG, GERMANY – Media OutReach Newswire – 20 January 2026 – The Supervisory Board of SNP Schneider-Neureither & Partner SE has extended the contract of Chief Executive Officer Jens Amail ahead of schedule by further five years. Amail, who has been leading the company since January 2023, will now remain CEO until December 2030. The early contract extension reflects the company’s successful development in recent years and signals stability and confidence in its leadership.

Jens Amail, CEO of SNP SE

Willi Westenberger, Managing Director at Carlyle and Chairman of SNP’s Supervisory Board, says: “Under Jens Amail’s guidance, SNP has made significant progress across its key strategic priorities, strengthened its market position and delivered sustained operational improvements. The company has accelerated its international expansion and broadened its global partner ecosystem as the foundation for sustainable growth. Extending his contract is a clear signal of continuity and underlines our confidence in his leadership and the strong team he has built at SNP.”

The significant operational progress and stability gained by SNP are closely linked to the leadership of Jens Amail. Since the end of 2022, the company has achieved annual records in order entry, revenue and EBIT. The sustained increase in profitability was backed up by a successful internationalization and growth strategy. This has opened up new markets, significantly expanded the software business and elevated the collaboration with the ecosystem to a new level.

Jens Amail also played a key role in strengthening SNP’s corporate governance and strategic stability. The return to a dual governance structure with an Executive and Supervisory Board, as well as the resolution of long-standing legal matters, have provided a solid foundation for the company’s future development. On the product side, the introduction of the SNP Kyano platform in 2024 was an important evolutionary step in supporting the company’s strategy as an enabler of digital transformations and business agility.

Building on this strong momentum, SNP entered into a strategic partnership with global investment firm Carlyle at the end of 2024. The partnership is intended to support the next phase of the company’s growth by accelerating strategy execution and further expanding SNP’s global footprint.

With the early extension of Jens Amail’s contract, the Supervisory Board is ensuring continuity at the top of the company as SNP enters the next chapter of its growth story.

Hashtag: #SNP

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

About SNP

SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP’s Kyano platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the BLUEFIELD approach, Kyano sets a comprehensive industry standard for restructuring and modernizing SAP-centric IT landscapes faster and more securely while harnessing data-driven innovations.

The company works with more than 3,000 customers of all sizes and in all industries in over 80 countries, including numerous DAX 40 and Fortune 500 companies. The SNP Group has more than 1,600 employees worldwide at over 36 locations in 23 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of EUR 254,8 million in the 2024 fiscal year.

More information is available at

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