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VinFast Officially Launches VF 7 For Sale in the Philippines

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MANILA, PHILIPPINES – Media OutReach Newswire – 24 October 2024 – VinFast has officially announced pricing and opened reservations for its five-seater VF 7 electric SUV during the 12th Philippines Electric Vehicle Summit (PEVS), marking the third VinFast vehicle available in the Philippine market after the VF 5 and VF 3 models. This launch also underscores VinFast’s commitment to advancing green transportation in the Philippines and expanding its diverse electric vehicle offerings across Southeast Asia.

VinFast has announced pricing and opened reservations for its five-seater VF 7 electric SUV during the 12th PEVS.

In the Philippines, the VF 7 will be available in two versions: Base and Plus, offering a variety of options tailored to meet the needs of different customers. Prices range from 1,470,000 pesos (battery subscription) to 1,760,000 pesos (battery included) for the Base version, and from 1,730,000 pesos (battery subscription) to 2,380,000 pesos (battery included) for the Plus version. The battery subscription plans start at just 6,300 pesos per month, allowing for cost optimization based on travel needs.

Monthly Travel Distance Monthly Battery Subscription Fee
< 1,500 km 6,300 pesos
1,500–2,500 km 9,000 pesos
> 2,500 km 15,000 pesos

Starting from October 24, customers can place a deposit of 5,000 pesos per vehicle through VinFast’s official website or authorized dealerships (refundable under VinFast’s terms). Additionally, those who reserve their VF 7 before November 24 will be eligible for discounts of up to 53,000 pesos and receive attractive gifts valued at up to 57,000 pesos.

Mr. Cao Ngoc Nguyen Duy, CEO of VinFast Philippines, shared: “The VF 7 is one of the boldest and most innovative models in VinFast’s extensive electric vehicle lineup. Our goal is more than just launching a new vehicle. We are inspiring a way of life centered around sustainability, promoting environmentally conscious and energy-efficient habits. By offering our products, we hope to partner with the Philippines in advancing a shared vision of a sustainable future and playing an active role in the global mission to cut carbon emissions.

The VF 7 Plus is equipped with dual electric motors, delivering a combined power output of 348.6 horsepower and 500 Nm of torque, and features all-wheel drive. The battery pack has a capacity of 75.3 kWh, providing a maximum driving range of approximately 496 km on a full charge (based on NEDC standards).

The VF 7 Base features a single electric motor with 174 horsepower and 250 Nm of torque. Its battery capacity is 59.6 kWh, offering a maximum range of 430 km per full charge (based on NEDC standards).

Both versions come equipped with essential safety features such as electronic stability control, traction control, hill-start assist, and anti-roll control. The Plus version also includes the Advanced Driver Assistance System (ADAS), which offers features like adaptive cruise control, lane departure warning, forward collision warning, rear cross-traffic alert, blind-spot monitoring, door-opening alert, automatic emergency braking, and a 360-degree camera system.

Beyond its impressive performance, the VF 7 features a highly aesthetic design. The car was designed by the renowned Torino Design studio in Italy, embodying four key elements: a unique overall design, distinct recognition details, refined finishes, and functional performance.

In addition to a wide array of pricing incentives and unique battery subscription plans, VinFast also offers a comprehensive after-sales service program, providing peace of mind for customers transitioning to green mobility. The VF 7 comes with a 10-year/200,000 km vehicle warranty, an 10-year unlimited mileage battery warranty (for battery purchases), and free maintenance, with battery replacement available if capacity falls below 70% (for battery subscription).Hashtag: #VinFast

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:

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Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market

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As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.

SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.

The building is linked to both Raffles Place and Downtown MRT stations via fully sheltered underground walkways, allowing members and their visitors to reach the office without exposure to Singapore’s heat or rain.
Unlike other industry players, CoWorkSpace owns the property it operates from. This owner-operated model provides members with the option of medium to long-term price stability and reduces the risks commonly associated with leased coworking spaces, such as sudden closures, forced relocations, and aggressive rental increases.
The facility is configured mainly as private suites, with no hot-desks and no virtual office members. Members on dedicated-desk arrangements are situated within private suites, providing greater privacy and a more professional working environment.
Each suite is equipped with electronic height-adjustable desks, modern office chairs, and pedestal cabinets according to the suite configuration. Data points are also included within each suite.
Shared facilities include an expansive business lounge, business-grade internet, reception services, meeting rooms and call booths, printing, scanning and shredding facilities, and utilities.
In addition, CoWorkSpace operates an in-house IT team that manages its network and infrastructure directly, enabling faster response and turnaround times for IT-related matters without relying on third-party vendors.

Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace


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JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High

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SINGAPORE – Media OutReach Newswire – 26 May 2026 – JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026.

In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.

In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.

Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.

  1. This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.

Hashtag: #JOYY

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

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“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission

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BINZHOU, CHINA – Media OutReach Newswire – 25 May 2026 – On May 11, experimental samples for the project “Study on the Effect of Rotating Magnetic Field on the Solidification Process of Aluminum-based Lightweight High-entropy Alloys under Space Microgravity Conditions” were officially launched aboard the Tianzhou-10 cargo spacecraft. Co-developed with the Metal Materials Center of Binzhou Weiqiao UCAS Advanced Technology Research Institute, these samples are now en route to China’s Manned Space Station to begin their on-orbit scientific journey in a microgravity environment.

Researchers conducting project experiments

This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”

As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice

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

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