Hashtag: #HongKongCivilClaimCentre #HKCivilClaim

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

About The Hong Kong Civil Claim Centre

The Hong Kong Civil Claim Centre (hkcivilclaim.com) is a platform dedicated to providing Hong Kong residents with information on civil claims, focusing on work injuries, traffic accidents, and other civil matters. We offer comprehensive legal information, including methods for calculating work injury compensation, details on sick leave allowances, and application procedures, helping users understand their rights. The website features a free work injury compensation calculator, allowing users to input data and quickly estimate compensation amounts. As an information and referral platform, we do not provide legal advice but refer users to qualified Hong Kong practicing lawyers to ensure professional assistance. All user data is strictly confidential and not used for third-party purposes, committed to supporting the claims process in a simple and transparent manner.

As VinFast’s first official authorized dealership in France, ASTRADA SIMVA will operate one VinFast showroom located in Aix-en-Provence. The showroom is expected to be operational starting in June 2025.

Meanwhile, Schachtschneider Automobile GmbH & Co KG will establish three authorized VinFast dealer showrooms. Previously, VinFast successfully signed a cooperation agreement with the dealership Autohaus Hübsch in Germany and opened two showrooms in the market, offering a comprehensive customer experience.

At all VinFast dealer showrooms operated by ASTRADA SIMVA and Schachtschneider Automobile, European consumers will be able to explore, test drive, and purchase the VinFast VF 6 (B-segment) and VinFast VF 8 (D-segment), along with access to genuine after-sales service, warranty, and parts.

Throughout the entire partnership, VinFast is committed to providing maximum support to its authorized dealerships through in-depth personnel training, equipping staff with robust product knowledge and maintenance/repair procedures, ensuring maximum peace of mind for customers.

This collaboration with reputable European dealerships is part of VinFast’s strategy to develop an enhanced global dealership network, and is currently being implemented in Germany and the Netherlands. This strategy aims not only to optimize operational efficiency and increase brand reach but also to rapidly address the growing demands of customers.

Mr. Renzo Schachtschneider, General Manager/Owner of Schachtschneider Automobile, shared: “We are proud to partner with VinFast, standing alongside this Vietnamese brand in driving the global green revolution. With a strong belief in the potential of electric vehicles and VinFast’s prospects in the European market, we are committed to contributing value to achieve mutually beneficial collaboration, delivering leading products and services to consumers.”

Mr. Chris Durand, CEO of ASTRADA SIMVA, added: “We are proud to collaborate with VinFast, an innovative and fast-growing EV brand. Bringing the VF 6 and VF 8 models to Aix-en-Provence presents a great opportunity to diversify our offerings and give our customers exciting new choices. The arrival of stylish, quiet, and emission-free vehicles will enhance life in a region that is celebrated for its harmonious blend of tradition and modernity.”

Ms. Thuy Le, Chairwoman of VinFast, shared: “By partnering with ASTRADA SIMVA and Schachtschneider Automobile GmbH & Co KG, VinFast is taking further steps to transition to a full dealer franchise model in Europe, reaffirming our commitment to this significant market. By capitalizing on their established reputation, inherent capabilities, existing infrastructure, and comprehensive understanding of local markets, we are committed to achieving effective expansion across European markets with a focus on long-term sustainable growth.”

VinFast remains committed to growing its dealer and distributor network across France, Germany, and the Netherlands, and to expanding in other European markets, while simultaneously expanding its range of smart electric vehicles, reinforcing its long-term commitment to European consumers.

Furthermore, to ensure a seamless experience and provide peace of mind for customers, VinFast has partnered with after-sales service providers, leveraging 22 dedicated technical centers across Europe, including 8 in Germany, 12 in France, and 2 in the Netherlands.

Customers can also access a network of authorized service workshops provided by VinFast’s partners, which includes ATU in Germany, Norauto in France, and LKQ in the Netherlands. VinFast has also collaborated with Fixico in these three markets to offer professional body and paint services to customers.

Globally, VinFast has rapidly expanded its global presence in potential markets through a dealership business model including Indonesia, the Philippines, India, and the Middle East. With a diverse product lineup ranging from the mini-SUV VF 3 to the full-size VF 9, VinFast has become the top-selling car brand in Vietnam and surpassed global sales targets in 2024, laying a solid foundation for sustainable long-term growth.

Hashtag: #VinFast

https://vinfastauto.eu

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

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at: https://vinfastauto.eu

AI adoption in healthcare, fintech, and smart manufacturing is booming, with the global market reaching $154 billion in 2023 and projected to exceed $300 billion by 2027, according to IDC. Despite this growth, data privacy concerns and frequent breaches remain significant obstacles. Industries like healthcare and fintech rely heavily on sensitive data, making privacy protection essential.

Decentralized AI technologies, like FLock.io’s solutions, are addressing these challenges. By integrating federated learning and blockchain, FLock.io sets new benchmarks in data security, offering intelligent, privacy-focused innovations tailored to critical industries.

The social significance of decentralized AI

Decentralized AI revolutionizes technology by distributing data storage and computation across multiple parties, enabling collaborative model training without sharing sensitive data. This approach is ideal for privacy-critical applications such as medical diagnostics and financial risk management. Federated learning, a key element of decentralized AI, allows participants to train machine learning models locally, preserving privacy while maintaining data integrity.

Founded in 2020, FLock.io has emerged as a leader in decentralized AI, driven by years of innovation and market exploration. CEO Jiahao Sun, an Oxford University alumnus and former AI Director at the Royal Bank of Canada, brings extensive expertise to the company. Sun’s decentralized AI research and developments at FLock.io earned him a spot on the Forbes China 100 Most Influential Chinese 2024 list. Sun emphasizes, “Through innovative technology and collaboration, AI can truly benefit humanity.”

FLock.io Academic paper in lEEE

By 2024, FLock.io secured strategic partnerships with institutions like London’s Moorfields Eye Hospital, top crypto trading firm GSR, and blockchain giant Animoca Brands, expanding real-world applications of decentralized AI. Notable advancements include a multivariate predictive model for managing blood glucose levels in diabetic patients and privacy-preserving algorithms improving ophthalmology diagnostics worldwide. These achievements underscore FLock.io’s commitment to harnessing decentralized AI for impactful solutions in healthcare and beyond.

Global Market Innovation

In March 2024, FLock.io secured $6 million in seed funding led by Lightspeed Faction, fueling collaborations with Moorfields Eye Hospital and Request Network. By the end of the year, the company completed a strategic funding round led by DCG, enabling further expansion.

Leveraging federated learning technology and tailored AI solutions, FLock.io has established a strong presence in Europe and US through deep partnerships with global allies, solidifying its role as a leader in decentralized AI. CEO Jiahao Sun stated, “Our goal is to expand FLock solutions to both enterprise and retail AI market, driven by continuous product optimization and international collaborations.”

Despite its promise, decentralized AI faces hurdles such as scalability and interoperability. Larger networks can slow performance, while seamless cross-platform communication remains a challenge. Sun identifies blockchain technologies and standardized protocols as critical to improving efficiency. Additionally, navigating regulations like GDPR and HIPAA is essential for building trust and driving adoption. To address these challenges, FLock.io plans to increase R&D investments, focusing on technical bottlenecks and compliance. The company also aims to enhance collaborations with global institutions to promote the standardization and scalability of decentralized AI applications, paving the way for widespread industry adoption.

Hashtag: #FLock.io

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