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YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

Strengthening Competitiveness via Online-to-Offline Integration and Supply Chain Agility

Results Highlights 
    
     Revenue reached US$301.51 million, representing a strong increase of 23.2%.   
   
     Gross profit grew by 28.2% to US$93.98 million, with gross profit margin expanding to 31.2%.   
   
     Operating profit increased by 30.1% to US$24.29 million.   
   
     Net profit surged by 30.0% to US$18.30 million, with net profit margin improving to 6.1%.   
   
     Business-to-consumer (B2C) platform YesStyle recorded revenue of US$215.07 million, up 30.5%, accounting for 71.3% of the Group's total revenue. Offline expansion was enhanced with the opening of its first physical concept store in the US.   
   
     Business-to-business (B2B) platform      AsianBeautyWholesale (ABW) recorded revenue of US$82.75 million, up 6.2%, accounting for 27.4% of the Group's total revenue.     
   
  
 HONG KONG SAR -  Media OutReach Newswire - 28 August 2026 -  YesAsia Holdings Limited ("YesAsia Holdings", together with its subsidiaries, the "Group") (2209.HK), a leading e-commerce platform operator recognized for its expertise in curating Asian beauty and lifestyle products, announced today its interim results for the six months ended 30 June 2026 (the "Reporting Period"). 
  The Group continued to capture strong global demand for Korean Beauty ("K-Beauty") products, driving revenue up by 23.2% year-on-year to US$301.51 million. Gross profit increased by 28.2% to US$93.98 million, with gross profit margin expanding by 1.2 percentage points to 31.2%. Operating profit grew by 30.1% to US$24.29 million. Benefiting from forward-looking investments in localized and tech-driven logistics infrastructure, which successfully mitigated geopolitical and freight cost pressures, profit for the period surged by 30.0% to US$18.30 million, after recognition of an one-off expense of approximately US$1.24 million in termination benefits arising from the organizational streamlining. Net profit margin improved to 6.1%. Basic earnings per share were US4.39 cents (1H 2025: US3.43 cents). 
  Navigating Uncertainties through Market Diversification and Logistics Agility 
  A global market footprint remains pivotal in mitigating geopolitical risks. The US, the Group's largest market, has absorbed the tariff shock and delivered progressive improvement during the Reporting Period, with revenue exceeding 2H 2025 even outside the typical holiday peak season. Among non-core markets (excluding the US, the UK, Canada, and Australia), robust demand across Europe and Latin America, unlocked new growth momentum, with revenue from Europe and associated countries and Latin America growing by 22.1% and 178.4%, respectively. In the Middle East, the Group navigated the regional tensions to achieve steady revenue growth of 33.4%. 
  Complementing market diversification, strategic investments in logistics infrastructure spanning Hong Kong, South Korea, the US, and Europe, alongside the adoption of automation technologies like AMRs, have built a highly resilient and scalable supply chain. These capabilities enabled the Group to maintain a stable baseline for business costs and absorb freight and fuel price spikes stemming from Middle East conflicts during the Reporting Period. Consequently, the increase in operating costs remained well below revenue growth, with freight cost as a percentage of revenue dropping to 19.0%, demonstrating the Group's robust cost control and operational agility. 
  Integrating O2O Experiences to Drive B2C-B2B Dual-Engine Synergy 
  Social media marketing remained one of the Group's core strengths during the Reporting Period, supported by an ecosystem of over 557,000 unique influencers that generated US$85.70 million and contributed nearly 40% of  YesStyle's revenue. To amplify this online impact, the Group strategically expanded its global offline presence to seamlessly bridge online and offline customer experiences. YesStyle debuted a 1,500 sq. ft. concept store in the San Francisco Bay Area. At the same time, the Group staged high-profile activations, including a Madrid café pop-up that generated over 2 million impressions and brand events at Seoul's Yesful Land that accumulated over 3 million impressions. Together, these physical and digital touchpoints successfully converted customer engagement into sustained loyalty. 
  This heightened brand exposure across end-consumer markets directly catalyzed overseas B2B purchasing demand. During the Reporting Period,  ABW consolidated its newly built partnerships with retailers in the US and Latin America. Notably,  ABW Online's average order size surged 38.6% year-on-year to US$3,590.60. This uptick reflects substantially stronger purchasing appetite and inventory confidence for K-Beauty products among retailers, underscoring the powerful synergy of the Group's B2C-B2B dual-engine model. 
  Mr. Joshua Lau, Founder, Executive Director and Chief Executive Officer of YesAsia Holdings, said: "K-Beauty remains on an upward trajectory as it becomes a mainstream player in the global beauty business. Looking ahead, we believe that there is ample room for growth for YesAsia Holdings in both the retail and wholesale spheres worldwide. Amid geopolitical and supply chain uncertainties, we are continuously reinforcing our competitive moat and market leadership through AI-empowered customer services, a highly agile supply chain, and a strategy that seamlessly converts online traffic into immersive physical experiences, thereby driving long-term value for our shareholders in a fast-evolving market landscape." 
 Hashtag: #YesAsia 
The issuer is solely responsible for the content of this announcement.

About YesAsia Holdings Limited (02209.HK)
Established in 1997, YesAsia Holdings is a leading e‑commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty products. Headquartered in Hong Kong, the Group delivers products promptly and efficiently to a global audience through its strong ties with over 400 leading Asian beauty brand and supplier partners. The Group operates two major channels: YesStyle, a B2C e‑commerce platform serving the growing demand for Asian beauty, fashion and lifestyle products, particularly Korean beauty products; and AsianBeautyWholesale, a B2B‑oriented business for Asian beauty products via online and offline channels. YesAsia Holdings is a constituent of the MSCI Hong Kong Micro Cap Index. 
  For more information, please visit the Group's official website:  https://www.yesasiaholdings.com/

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Aolani launches the Aolani Token Factory to bring Pay-Per-Token AI to Asia

SINGAPORE –    Media OutReach Newswire – 28 August 2026 – Aolani, a Singapore-founded neocloud powering AI growth, today announced the launch of the    Aolani Token Factory, a managed inference platform that enables organisations to deploy and scale AI models on a pay-per-token basis without provisioning or managing the underlying GPU infrastructure. The launch of the token factory will make Aolani the first Singapore-founded neocloud to offer production-grade, managed inference at scale.   
   
  
   As global AI companies expand their operations in Singapore, and companies around the world invest in AI to drive real business outcomes, the demand for production-grade inference infrastructure is quickly accelerating. Aolani Token Factory is designed to close the accessibility gap, giving AI-native companies and companies a highly compliant and high-performance path from AI experimentation to production-scale deployment.   
   
  
   The Aolani Token Factory will be offered as a per-token metering, where customers can pre-purchase credits and pay based on token consumption, rather than investing in capital-intensive GPU infrastructure. Aolani manages the full inference stack, including GPU capacity allocation, model serving, orchestration, scheduling, and workload optimisation, which allows customers to scale consumption without continuously provisioning additional infrastructure.   
   
  
   The platform supports leading open-source models at launch, including DeepSeek, GLM, Kimi, and Qwen. Aolani plans to further expand the model catalogue over time based on customer demand and availability. Customers can also deploy their own models through OpenAI-compatible APIs. Dedicated capacity and data isolation options are available for enterprise customers with strict compliance and data residency requirements.   
   
  
   The Aolani Token Factory will support three core production use cases:   
   
  
   
     
       AI agents for high-volume inference and workflow automation       
     
   
  
   
     
       Enterprise AI applications including internal copilots, knowledge assistants, and document intelligence       
     
   
  
   
     
       Coding agents for code generation, completion, testing, and review     
   
  
         
     Sea Xu, Applied AI Research Lead at Aolani said: "The Aolani Token Factory is built on a high-performance inference stack that supports the most in-demand open-source model families. We designed the platform for fast model adaptation and deployment, so our customers can get access quickly as new models emerge. As Southeast Asia's AI ecosystem evolves and grows rapidly, it is our goal to ensure that the infrastructure serving it keeps pace."   
   
  
   Nicholas Chia, Chief Executive Officer at Aolani said: "Fast-moving AI natives want to build and ship products flexibly and on-demand, without the need to manage GPU fleets. With our competitive per-token pricing and a fully managed stack, companies can go from model selection to production deployment without the capital outlay or operational complexity of self-managed infrastructure. This is a significant milestone for us and our customers as the Aolani Token Factory will fundamentally change how customers access AI compute."   
   
   To register interest in the Aolani Token Factory, please visit:    https://www.aolanicloud.com/services/token-factory.   
  
    Media Contact   
  
   H/Advisors on behalf of Aolani   
  
   pr@aolanicloud.com 
Hashtag: #Aolani #AIInfrastructure #TokenFactory #Neocloud 

https://www.aolanicloud.com/
https://linkedin.com/company/aolani-cloud
The issuer is solely responsible for the content of this announcement.

Aolani

   Where AI gets built in Asia. Headquartered in Singapore and founded in 2023, Aolani is backed by compliant and purpose-built infrastructure to deliver the performance capabilities for next-generation AI. Aolani's AI factories enable organisations to build with confidence, scale ambitiously, and move at hyper-speed in the world's fastest-growing AI market.   
   
  
   For more information, visit    www.aolanicloud.com and follow    @AolaniCloud on LinkedIn.

Huawei He Tingbo Named to TIME'S Fourth Annual List of The TIME100 AI

SHENZHEN, CHINA –  Media OutReach Newswire – 28 August 2026 – TIME named He Tingbo, President of HiSilicon, Huawei's semiconductor division, to the 2026 TIME100 AI, a list recognizing the 100 most influential people in artificial intelligence. 
       
 In May 2026, He Tingbo unveiled the "Tau (τ) Scaling Law" at the IEEE International Symposium on Circuits and Systems in Shanghai: a proposal to replace the geometric shrinking of Moore's Law with time-based scaling as the guiding principle for semiconductors and the electronic systems built on them. In the past decade under her leadership, the company has built its competitive edge in AI computing including Ascend AI accelerators, Kunpeng server processors, and UnifiedBus-enabled SuperPoD systems. 
  To assemble the list, TIME's editors and reporters examined the key stories in AI over the past year and consulted with expert sources and industry leaders for recommendations. The result is a list of 100 leaders, innovators, shapers, and thinkers who have a stake in the future of AI. 
  See He Tingbo's story here:  https://time.com/collection/time100-ai/2026/he-tingbo/ 
  See the full list here:  http://ti.me/100ai 
 Hashtag: #Huawei #TIME100AI
The issuer is solely responsible for the content of this announcement.

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A City of Innovation and Openness: Hohhot's Answer to Integrated Development

HOHHOT, CHINA –  Media OutReach Newswire – 28 August 2026 – On 25 August, Hohhot convened a conference on deepening the integration of technological innovation and industrial innovation. At the event, the city officially released its Measures for Advancing Deep Integration of Technological Innovation and Industrial Innovation, together with an overarching implementation plan. The 20 measures share one objective: to place economic and social development firmly on an innovation-driven path and accelerate Hohhot's emergence as an important growth pole for high-quality development in northern China. 
             
        Scene from Hohhot's Conference on Deepening the Integration of Technological Innovation and Industrial Innovation         
       
     
 "The less developed a region is, the more it needs to pursue an innovation-driven development strategy." This message, voiced at the conference, reflects the clear-eyed resolve of a provincial capital city. 
  That resolve is underpinned by real strengths. 
  Here, the National Dairy Technology Innovation Centre has shortened dairy-cattle breeding evaluation from four years to just 45 days and cultivated China's first probiotic strain for infants and young children derived from Chinese breast milk, helping the "Dairy Capital of China" advance towards becoming a global dairy hub. A major scientific facility for aerospace, sky-to-ground, cross-scale metrology, benchmarked against international leaders, is rising in Horinger New District. Inner Mongolia University of Technology has launched the region's first new-energy industrial large model open to the world. Meanwhile, a domestic enterprise—the only one currently able to produce 4N5 high-purity germanium products consistently—is helping quantum technology and calcium-titanium mineral photovoltaics overcome key raw-material bottlenecks. From a single microbial strain to a beam of light, technological and industrial innovation are converging here and reinforcing one another. 
  Even more compelling is the city's tangible commitment. 
  Municipal fiscal investment in science and technology will double in 2026 and double again in 2027. Newly recognised national-level innovation platforms will receive a one-off research grant of RMB 3 million, while each "Qingcheng Science and Technology Innovation Leading Talent" may receive up to RMB 500,000 in research support. By 2030, Hohhot aims to introduce an additional 10 academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering, as well as 50 high-level innovation teams. Through a policy approach of "enjoy benefits without application and receive them directly and swiftly", the city will provide inclusive computing-power vouchers, model vouchers and token vouchers to technology-oriented small and medium-sized enterprises—lowering barriers to innovation and demonstrating the city's sincerity in supporting innovators. 
             
        The World Dairy Capital sculpture is unveiled at Yili Modern Wisdom Health Valley.      
     
 Openness is a defining feature of Hohhot. 
  Drawing on the Hohhot Area of the China (Inner Mongolia) Pilot Free Trade Zone, the city is building an international science and technology cooperation base with countries along the Belt and Road. It is also deepening coordination with Beijing's Haidian District through a "two-hour innovation circle", exploring a new pathway in which research and development take place elsewhere while results are transformed and applied in Hohhot. Hohhot understands that innovation cannot thrive as an undertaking enclosed behind walls. 
  Like the Mongolian horse, it is resilient, diligent and determined—never resting until the goal is achieved. This is the character of the city: the breadth and inclusiveness of the grasslands, combined with the courage and pioneering spirit to open northwards, explore new frontiers and put ideas into action. 
  From the "Dairy Capital of China" to China's "Cloud Valley", from the pastures of Chilechuan to the computing-power clusters of Horinger, this green city is becoming a city of innovation. 
  Hohhot extends an invitation to the world: here there are supportive policies, real-world application scenarios and a genuine commitment to partnership—together with a vast landscape in which to join hands with those who strive and build for the future. 
 Hashtag: #Hohhot
The issuer is solely responsible for the content of this announcement.

The "Cool Hainan" Global Campaign Generates Buzz and Attracts International Travelers

HAIKOU, CHINA –  Media OutReach Newswire – 28 August 2026 – Since the beginning of this year, an international social media promotion campaign themed "China's Free Trade Port, World-Class Resort Island: Welcome to Cool Hainan" has brought China's Hainan Free Trade Port into the view of global travelers, attracting more international tourists to visit this tropical island. 
             
       A Vibrant Free Trade Port, A Charming Hainan Island.         
       
     
 This international communication project was planned and implemented by the Department of Tourism, Culture, Radio, Television and Sports of Hainan Province. Through social media platforms, 56 travel-themed pieces of content were published for global audiences, with total exposures exceeding 16 million. The campaign spanned major inbound tourist source markets for Hainan—including Russian-speaking regions, Southeast Asia, Europe, and North America—distributed via multilingual accounts in Russian, Thai, Indonesian, French, Spanish, and Portuguese, ultimately reaching an audience of over 52 million followers. 
  Breaking from traditional promotional models, the campaign released seven themed series of Hainan tourism content featuring practical travel guides and immersive on-site scenarios, showcasing international branding labels such as "Cool Hainan", "Top Ten Hainan Tourism Icons", and "Cool Island". Starting with high-end luxury getaways on the Sunshine Coast in January, themes shifted monthly: February showcased Hainan's distinct Li and Miao ethnic Spring Festival customs; March focused on trendy surfing experiences and Wenchang aerospace study tours; April highlighted water sports and wellness tourism; May featured archaeological study tours and rainforest adventures; June promoted rainforest self-driving tours and ethnic minority villages; and July rolled out "Ten Signature Marine Tourism Routes", with a single post achieving over 2.6 million impressions. 
  This content not only showcases diverse landscapes and experiences such as bays, rainforests, folk customs, health and wellness, and sports, but also highlights practical travel information including visa-free policies for 86 countries, temporary permits for foreign driver's licenses, shopping, and duty-free/departure tax refund policies for off-island travel, seamlessly integrating the island's natural scenery, local intangible cultural heritage, and modern tourism consumption business formats. 
  Global social media users have shown a strong interest in traveling to Hainan. Many have left comments asking about specific details such as visa-free policies, dining, accommodation, sightseeing, and self-driving trips, and several users said they have added Hainan to their future travel bucket lists. 
  Hainan hopes to leverage this themed social media campaign to build an international image as a "World-Class Resort Island", enhance its appeal as an inbound tourism destination, and support Hainan's development into an international tourism and consumption center. According to an official from the Department of Tourism, Culture, Radio, Television and Sports of Hainan Province, Hainan possesses tropical coastal tourism resources that are unique in China. Capitalizing on the policy dividends and openness advantages of the Free Trade Port, Hainan will continue to optimize its tourism service offerings for international visitors and foster a tourism consumption environment that meets international standards. 
 Hashtag: #CoolHainan
The issuer is solely responsible for the content of this announcement.

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