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Suanova Information, a Yeebo’s Subsidiary, Makes Its Debut at the 2025 WAIC

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10 months ago

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Securing a Key Role in China’s AI Computing Power Sector Driving Industry Innovation and Development

HONG KONG SAR – Media OutReach Newswire – 30 July 2025 – Suanova Information (Shanghai) Limited (“Suanova Information”), a wholly-owned subsidiary of Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 259, which together with its subsidiaries is referred to as the “Group”) made its debut at the 2025 World Artificial Intelligence Conference (“WAIC”) held in Shanghai from 26 to 29 July, and hosted a major forum.

Suanova Information, under Yeebo, focuses on three business areas covering compute power and cloud operations, computing industry investment and computing technology development. It aims to accelerate the deep integration and application of AI across various sectors through independent innovation. As a domestic cloud computing pioneer, Suanova Information offers professional, independent, and innovative one-stop services to enterprises in China. With branches in Hong Kong and Shanghai, it provides customers with better localized services. Leveraging strategic investments, partnerships, and an openness to new technologies, Suanova Information has developed solid and full-stack service capabilities, from core components to application deployment, solidifying its position as a major player in mainland China’s AI compute.

At the 2025 WAIC, Suanova Information, alongside several technology companies from its computing investment portfolio, presented its comprehensive industry ecosystem to attendees from around the world. Together, they showcased various core computing components, solutions, and practical case studies.

Suanova Information also leveraged this opportunity to demonstrate its compute power and cloud operational capabilities. The Group currently manages advanced, fully autonomous AI computing infrastructure in Hong Kong and Shanghai – the “Harvest” series intelligent computing centers. These centers operate Artificial Intelligence Data Centers (“AIDC”) housing over 3,000 GPU card clusters. Their client base spans industry and research institutions, including Tsinghua University, Fudan University, Shanghai Jiao Tong University, Shanghai Artificial Intelligence Laboratory, Institute for Advanced Algorithms Research, Shanghai, and Hong Kong Broadband Network (“HKBN”). The “Harvest” series clusters are distinguished by their leading domestic localization, high-grade network and high-speed storage, seamless integration with public and computing clouds, flexible delivery models, an independently controllable private computing platform, and high-level SLA services, all designed to provide clients with stable and efficient AI computing support.

Beyond its role as an exhibitor, Suanova Information, together with its industry chain partners, hosted the “Suanova Information: Intelligent Convergence in the East, Connecting Global Ecosystems Forum” in the afternoon of 27 July. The forum focused on two major topics: “Domestic Full-Stack Integration” and “Shanghai-Hong Kong Cooperation Towards the World”. It convened domestic and international experts, academics, and industry leaders to discuss the latest advancements in computing and AI technology, explore industry ecosystem collaboration, and address the opportunities and challenges for Chinese technology expanding globally.

The forum commenced with an opening speech by Mr. Zhang Hongtao, Deputy Director of the Shanghai Municipal Commission of Economy and Informatization, followed by a welcome address from Mr. Fang Yan Tak, Douglas, Chairman of Yeebo. The forum featured keynote speeches from academic and industry leaders, including Professor Tim Kwang Ting Cheng, Vice-President for Research and Development of the Hong Kong University of Science and Technology; Mr. Wang Yanfeng, Executive Dean of the School of Artificial Intelligence at Shanghai Jiao Tong University and Chairman of the Board of Directors of Shanghai Jiao Tong University Industrial Innovation Research Institute; Dr. Suo Guang of KylinSoft Corporation; Mr. Xu Runan, Senior Vice President and President of the Cloud and Computing Storage Product Line at H3C Technologies Co., Ltd.; and Dr. Denis Yip, President and Group Chief Operating Officer of HKBN Group. Additionally, academic experts, founders, and senior management teams from various renowned universities and enterprises participated in panel discussions and sharing sessions. During the forum, guests shared the story behind the creation of the domestic high-density cabinet, “Shanghai Cube,” and their experiences in building and operating the first “Shanghai-produced card” computing power cluster with a thousand-card scale.

In his welcome address, Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, remarked: “The aspiration of Suanova Information is to provide crucial financial support to outstanding technology enterprises, and to do everything to assist the companies we invest in, especially during challenging times. Suanova Information is committed to being a pioneer in the market, leading the charge in the adoption of domestic AI products powered by Chinese computing capabilities. We believe in fostering open partnerships, and aim to bring exceptional ‘Shanghai Solutions’ and Chinese technology to the market – from Shanghai to Hong Kong, and from China to the world.”

Through the significant effort and investments in AI compute and related businesses in the past two years and Yeebo has established itself as one of the key players in the AI arena in mainland China. Leveraging targeted investments in scalable infrastructure, strategic partnerships, and an open-minded approach to emerging technologies, Yeebo has built a foundation that aligns with the accelerating demand for AI solutions across industries. These initiatives not only strengthen Yeebo’s competitive positioning but also reinforcing its commitment to delivering consistent growth in a rapidly evolving market. Yeebo’s strategic groundwork laid in AI compute and related businesses has positioned the Group for meaningful and sustained growth in the years ahead.

Hashtag: #Yeebo #Suanova

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.

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Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

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19 hours ago

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15/05/2026

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Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

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

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Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”

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19 hours ago

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15/05/2026

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Today’s biggest stars express individuality and confidence with natural diamonds

NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.

Desert diamonds

Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.

Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.

Magnificent Diamond Earrings

A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.

Standout Diamond Moments

Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.

Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.

Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds





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

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Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026

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1 day ago

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14/05/2026

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The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM

SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.

HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.

This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.

Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.

Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.

With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.

For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026

Hashtag: #HLBankSingapore

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

HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.

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