CGTN: Merz’s China visit injects fresh momentum into China-Germany, China-Europe ties

CGTN published an article on German Chancellor Friedrich Merz’s official visit to China from February 25 to 26. The article highlights the significance of the visit and analyzes – from economic and political perspectives – how China and Germany have written a successful story of win-win cooperation, and how their partnership injects stability into China-Europe relations and global governance.

BEIJING, Feb. 25, 2026 (GLOBE NEWSWIRE) — German automaker BMW announced plans in April 2025 to start integrating artificial intelligence (AI) technology from Chinese tech startup DeepSeek into its newest cars in China later in the year. Prior to that, BMW had signed a strategic cooperation agreement with Alibaba on AI large language models.

BMW is among the delegation of about 30 senior executives from companies that form Germany’s industrial backbone accompanying German Chancellor Friedrich Merz, who is paying an official visit to China from February 25 to 26.

Chinese President Xi Jinping met with Merz in Beijing on Wednesday, with both leaders vowing to strengthen coordination and cooperation.

‘A success story of mutual benefit’

The greater changes and turbulence the world faces, the more important it is for the two countries to enhance strategic communication, strengthen strategic mutual trust and work for new progress in China-Germany all-around strategic partnership, Xi said during the meeting.

China and Germany have pursued self-reliance and realized rapid development. Both have upheld mutual respect, mutual trust and open cooperation, and together written a success story of mutual benefit, Xi noted.

In recent years, annual trade between China and Germany has remained above $200 billion, with bilateral investment stocks exceeding $65 billion, each accounting for nearly a quarter of China’s overall engagement with the European Union. Last year, bilateral trade between China and Germany reached $292 billion, up 2.1 percent year on year. China became Germany’s largest trading partner.

The German business community attaches great importance to the Chinese market and hopes to further deepen cooperation with China to achieve mutual benefit and common development, said Merz.

Injecting stability into China-EU ties, global governance

Amid intertwined global risks and challenges, the stable development of China-Germany relations not only serves the bilateral interests of the two countries, but also carries broader regional and global significance.

As the world’s second- and third-largest economies, Xi called on the two countries to uphold the central role of the United Nations, reaffirm its leading role, and take the lead in safeguarding multilateralism, practicing international rule of law, defending free trade, and advocating for solidarity and coordination.

Calling for strengthened coordination and continued free trade with China, Merz said developing a reliable and lasting economic and trade cooperation relationship between the EU and China is in the interests of both sides and is also conducive to global stability and prosperity.

The shared interests between China and Germany far outweigh their differences, and the scope for cooperation far exceeds competitive tensions, said Jiang Feng, a research professor at Shanghai Academy of Global Government and Area Studies.

“This visit by Chancellor Merz to China could bring much-needed predictability and stability to a fragmented world and enable both countries to play their strategic roles in global governance,” Jiang said.

https://news.cgtn.com/news/2026-02-25/Merz-s-China-visit-boosts-China-Germany-China-Europe-ties-1L3Bn4LgC0U/p.html

Contact: 
Jiang Simin 
[email protected]

GlobeNewswire Distribution ID 9661863

Deutsche Telekom Reports up to 65% Energy Savings in 5G Core Network, Developed With Support From Mavenir

Full stack energy efficiency for 5G Core and DT’s new architecture blueprint for telco cloud enables energy optimizations to scale across the entire core network

BONN, Germany, Feb. 25, 2026 (GLOBE NEWSWIRE) — Mavenir, the software company building AI-by-design mobile networks, today confirmed its role in two strategic Deutsche Telekom AG projects to optimize energy consumption in the 5G Core network.

First, as part of a multi‑year collaboration with Deutsche Telekom, Mavenir’s cloud‑native 5G Core software and energy‑aware automation capabilities have been central to achieving up to 65% energy savings in live network validation, setting a new benchmark for sustainable, high‑performance 5G Core operations in Europe. Supported by Mavenir with 5G software features that are being deployed for the first time, the Most energy efficient Core uses dynamic software and hardware scaling to reduce energy use and CO₂ emissions, striving for a “zero bit & zero watt” core. This is based on an innovative approach of Full Stack Energy Efficiency, developed by Deutsche Telekom and partners.

In addition, Mavenir is also a key technology partner in Deutsche Telekom’s transition to a unified cloud architecture, the Horizontal TelCo Cloud, a key enabler for scaling energy optimizations across the entire core network. This next generation architecture replaces fragmented, siloed systems with a shared, standardized, cloud-native platform capable of hosting all core network services at scale.

The new industry blueprint enables telcos to harness automation and thrive by replacing numerous isolated, standalone solutions with a shared, standardized platform for all services through a scalable, cloud-native core network. Going forward, Mavenir intends to continue to play a central role in contributing to the evolution of the Horizontal TelCo Cloud, with expertise in:

  • Energy‑optimized cloud‑native design
  • Kubernetes platform evolution
  • Custom Resource Definitions (CRDs) tailored for telecom workloads
  • AI‑driven intelligent resource management

These capabilities will help Deutsche Telekom progress toward fully automated, energy‑aware, next‑generation core operations.

Christoph Hilz, Group SVP Core Network & Services of Deutsche Telekom, said, “Energy efficiency is a core design principle for our networks. This achievement shows how software-driven intelligence, cloud-native architecture, and hardware optimization combine to deliver measurable impact. Mavenir’s cloud-native core as part of DT’s Horizontal Telco Cloud Architecture were instrumental in enabling our full stack energy management approach. In collaboration with several partners including Mavenir, Telekom has developed a concept that reduces energy consumption across all layers of the network. We are rethinking the cloud architecture of the core network, creating a blueprint for the entire telecommunications industry.”

Michael Cooper, EVP & General Manager, Packet Core, Security & Messaging at Mavenir, said, “Deutsche Telekom’s leadership demonstrates what Tier1 operators can achieve when software innovation is applied to sustainability at scale. Innovative approaches to cloud architecture are critical to simplifying operations, reducing complexity, and accelerating innovation. As mobile network operators enter an AI-native era and undergo a transformation from Telco to TechCo, we will see an evolution from AI-integrated operations being built today to the power of a fully agentic, AI-native ecosystem.”

Joint activities at Mobile World Congress (#MWC26):

  • Unlocking telco value in the agentic era will be a major theme at MWC Barcelona 2026, where Mavenir executives will be joined by senior representative from Deutsche Telekom in a moderated panel on Tuesday, 3rd March at 11:00 – 11:30 AM on Mavenir’s stand in Hall 2, 2H60. To secure your spot and join in-person or via live streaming, please register here: https://www.mavenir.com/ai-integrated-to-ai-native-unlocking-telco-value-in-the-agentic-era/
  • Most energy efficient Core: Deutsche Telekom and Mavenir introduce Full Stack Energy Efficiency for 5G Core, using dynamic software and hardware scaling to reduce energy use and CO₂ emissions, striving for a “zero bit & zero watt” core. Join Tuesday 3rd March at 15:00 – 15:30 on Deutsche Telekom’s stand in Hall 3, 3M31 https://mwc.telekom.com/session/most-energy-efficient-core

Mavenir has been a long-term strategic player in Deutsche Telekom’s cloud transformation journey, providing the operator with a cloud-native, converged (4G/5G) packet core with proven network slicing applications. This fully containerized packet core enables advanced 5G standalone (SA) services including live video production, mobile gaming and RedCap.

About Mavenir
Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company’s deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world’s subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators’ evolution to TechCos. For more information, please visit www.mavenir.com

Mavenir PR Contact:
Emmanuela Spiteri
[email protected]

GlobeNewswire Distribution ID 9660938

Digital Realty Expands Innovation Lab Network to Singapore and Japan to Accelerate AI and Hybrid Cloud Implementation

Asia Pacific will provide real-world environments for customers and partners to test and optimize next generation infrastructure

SINGAPORE, Feb. 24, 2026 (GLOBE NEWSWIRE) — Digital Realty (NYSE: DLR), the world’s largest cloud- and carrier-neutral data center platform, today announced the expansion of its Digital Realty Innovation Lab (DRIL) into Singapore and Japan. This marks the first expansion of the company’s global DRIL network into Asia Pacific, following the successful launch of the inaugural DRIL facility in Northern Virginia in September 2025, which received over 120 visits from our enterprise customers.

The new DRIL locations will offer our ecosystem of partners and customers fully supported, real-world testing environments where they can bring their own workloads or use pre-configured infrastructure to validate AI and hybrid cloud deployments before scaling live. This is especially important as AI adoption increases and infrastructure readiness has emerged as a critical barrier to moving from experimentation to production at scale.

The launch represents Digital Realty’s commitment to support Singapore and Japan’s continued leadership in AI innovation. In Singapore, AI adoption is driving continued growth in the nation’s digital economy, which now accounts for 18.6% of total GDP. At the same time, Japan plans to invest 10 trillion yen or more in the semiconductor and AI sectors by 2030. Both are expected to be available for use by customers and partners this year.

Enabling next-generation AI infrastructure
The Singapore DRIL is designed to serve as a digital innovation hub, bringing together local customers, partners, and research institutions with global technology providers and industry participants seeking to develop, test and deploy AI and hybrid cloud solutions in Singapore.

In Japan, the DRIL will be located at the company’s NRT12 data center in the Greater Tokyo area. Designed to support advanced AI and high-performance computing use cases, it will feature 20 racks with direct liquid cooling (DLC) capabilities, enabling support for high-power-density workloads.

“Sustaining rapidly expanding digital economies requires innovation ecosystems built on infrastructure that is not only AI-ready, but also efficient, resilient, and trusted,” said Serene Nah, Managing Director and Head of Asia Pacific, Digital Realty.

“Since launching the DRIL in the US, we’ve seen strong demand from customers and partners across Asia Pacific seeking dedicated environments to validate AI and hybrid cloud architectures before deploying at scale. Bringing this capability to Singapore and Japan reflects the digital maturity of these markets and their critical role in shaping the region’s long-term digital competitiveness. By creating spaces where enterprises can test, optimize, and de-risk their AI infrastructure, we’re accelerating responsible deployment and strengthening Asia Pacific’s position as a hub for trusted digital innovation.”

Purpose-built infrastructure for AI and hybrid cloud validation
The new DRIL locations will enable businesses in Singapore and Japan to test performance, optimize configurations, and seamlessly connect to cloud and network providers via ServiceFabric®, Digital Realty’s global interconnection and orchestration platform.

By leveraging Digital Realty’s global experience in deploying AI-ready infrastructure and its proven Pervasive Datacenter Architecture (PDx®) methodology, the Singapore DRIL enables customers to test, optimize, and validate AI deployments in real-world conditions, reducing complexity and significantly accelerating the journey from pilot to production.

Consistent with the global network of DRILs, key features will include:

  • High-density AI and HPC testing – Support for AI and high-performance computing workloads with high-density colocation, accommodating deployments of up to 150kW per cabinet.
  • Energy and cooling-aware testing – Enables enterprises to evaluate AI performance, power density, and efficiency trade-offs before full-scale deployment.
  • AI infrastructure optimization – Enables businesses to explore AI-specific power, cooling, and GPU resource requirements in an environment optimized for AI workloads.
  • Hybrid cloud validation – Direct cloud connectivity allows enterprises to refine hybrid strategies and seamlessly onboard through ServiceFabric®, Digital Realty’s interconnection and orchestration platform.
  • AI workload orchestration – Customers can orchestrate AI workloads across Digital Realty’s Private AI Exchange (AIPx) to enable secure, low-latency integration across distributed environments.
  • Latency testing across locations – Enterprises can test latency scenarios ensuring seamless performance across multiple locations as well as cloud destinations.

The global DRIL network already supports a growing ecosystem of customers and partners, including AMD, Cisco, and Lenovo, focused on scaling AI and hybrid cloud architectures.

_________________
About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 55+ metros across 30+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

For Additional Information

Media Contacts
Joyce Ng
Digital Realty
[email protected]

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 (214) 231-1350
[email protected]

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the company’s partnerships and expected benefits, expected completion dates, emerging technologies, artificial intelligence, ServiceFabric®, customer demand and the company’s strategy. For a list and description of risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

GlobeNewswire Distribution ID 9660475

Mavenir Partners With TextNow to Evolve App-Based 5G MVNO Service

Adoption of cloud-native Mavenir BSS and Core aligns with TextNow’s focus on long-term innovation

SAN FRANCISCO and RICHARDSON, Texas, Feb. 24, 2026 (GLOBE NEWSWIRE) — TextNow, the leading ad-supported U.S. free wireless service, and Mavenir, the disruptive cloud-native telco technology provider, today announced the integration of Mavenir’s cloud-native mobile BSS and Core into TextNow’s mobile virtual network operator (MVNO) infrastructure.

Mavenir’s cloud-native BSS and Core platform solution is designed to help TextNow to onboard new users faster, launch differentiated service tiers, and expand its free wireless model to reach even more of the millions of Americans looking for great wireless service without overpaying for it. Highlighting TextNow’s focus on innovation, this Mavenir integration delivers a range of features to better support TextNow’s 8 million+ active users, including the ability to manage sponsorship partners, develop roaming relationships, and provision users with independent SIM profiles.

“TextNow has spent 17 years proving that wireless service can be free, can be supported by advertising, and can deliver a great experience on a nationwide 5G network,” said Tristan Huntington, Senior Vice President, Partnerships & Innovation, of TextNow. “Partnering with Mavenir allows us to remain at the forefront of innovation, giving us more control over the customer experience and a faster path to launching new features — which means we can keep pushing the boundaries of what free wireless should be.”

Mavenir’s flexible cloud native modular platform can support every MVNO model and their go-to-market strategy, whether launching a sub-brand, adding mobility to an existing portfolio, or scaling a challenger brand.

“The MVNO market continues to evolve as operators look to innovate and differentiate their offerings – but this is simply not possible without the flexibility and scale enabled by the underlying cloud-native platform,” said Sandeep Singh, SVP & General Manager, Business Solutions, of Mavenir. “TextNow’s adoption of Mavenir is a prime example of how Mavenir’s cloud-based technology is helping to take an MVNO to the next level, shifting from ‘Thin’ to ‘Thick’, enabling a high degree of service innovation and differentiation, and bringing free connectivity to millions more customers.”

The Mavenir platform allows thin MVNOs to enter the market with a world class BSS platform, enabling personalization, differentiation, and smart bundling of customer offers to help maximize revenues. It will also offer thick MVNOs full network level control to innovate and build deep network integration, which includes features like QoS segments, Standalone 5G connectivity monetization, and IoT traffic handling.

Mobile World Congress [#MWC26]: 
Mavenir Convenes MVNO Leaders for High-Impact MWC26 Panel

Mavenir, in collaboration with Mobile World Live, will host an MVNO panel at MWC26, “MWC26 Panel: Built for More, Bound by Less: The Rise of a New Breed of MNO Embracing AI, Cloud & 5G – Mavenir” at its stand in Hall 2, 2H60. The session will highlight how MVNOs can accelerate growth through cloud-native architectures, AI-driven insight, and flexible monetization, offering practical tactics to differentiate on experience rather than price.
Register – For In-Person or on the Live Streaming of the panel.

About TextNow:
TextNow is on a mission to make phone service free, easy, and accessible to all as the only mobile provider to offer unlimited calling and texting, and free essential data on the nation’s largest 5G network. Founded in 2009, TextNow is the largest provider of free mobile phone service in the U.S., and the only one offering free service supported by advertising. We have offices in San Francisco and Waterloo, Ontario and our app has been downloaded more than 300 million times globally. Our phone service helps millions of people connect freely every month. For more information, visit https://www.textnow.com/, and follow us on Instagram.

About Mavenir:
Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company’s deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world’s subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators’ evolution to TechCos. For more information, please visit www.mavenir.com

Mavenir PR Contact:
Emmanuela Spiteri [email protected]

TextNow PR Contact:
Tali Fischer [email protected]

GlobeNewswire Distribution ID 9660102

Zoom introduces next-gen Zoom Virtual Agent to automate end-to-end customer resolution

  • New virtual agent capabilities reduce customer effort, prevent repeat contacts, and give service leaders confidence to scale automation
  • With 43% of consumers saying chatbots fail to resolve their issues, Zoom Virtual Agent 3.0 can help organizations close that gap

SAN JOSE, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) — Today Zoom Communications, Inc. (NASDAQ: ZM) unveiled Zoom Virtual Agent 3.0 (ZVA), the next evolution in agentic automation. ZVA introduces a new execution architecture and expanded AI capabilities designed to resolve customer issues end to end, seamlessly hand off to human agents, and help enterprises shift from transactional service interactions to connected customer relationships.

Organizations face growing pressure to automate more customer service interactions as volumes rise and cost efficiency becomes a priority. Enterprises are entering what Zoom calls the “resolution economy,” where competitive advantage is defined not by speed, but by first-contact resolution, reduced repeat contacts, and end-to-end workflow completion. Yet disjointed virtual agents can get stuck in silos, unable to seamlessly transfer full context to human agents, creating bottlenecks for complex issues. A recent Morning Consult report commissioned by Zoom found that the top three chatbot frustrations among the groups surveyed are failure to resolve the issue (43%), getting stuck in a loop (38%), and having to repeat information (37%).

“Agentic AI was just the beginning,” said Chris Morrissey, general manager of Zoom CX. “Zoom Virtual Agent 3.0 orchestrates multi-step workflows across systems, continuously learns from human resolutions, and provides full transparency into every agentic action. This allows organizations to confidently automate complex interactions. It’s more than a product update, it’s another step toward more connected customer relationships, where AI and humans work together to resolve issues faster and build trust.”

What’s new in Zoom Virtual Agent 3.0

The next evolution of Zoom Virtual Agent operates across voice and chat, and introduces a new execution architecture designed to automate complex, cross-system interactions with enterprise governance. Unlike competing solutions focused primarily on conversational containment, ZVA is built for execution and resolution, securely orchestrating multi-step actions across systems with observability, control, and measurable outcomes. The following new features are now available:

  • Enhanced AI execution framework: Zoom Virtual Agent 3.0 is built on the latest Zoom AI Companion 3.0 architecture, allowing multi-step workflows to run across compatible CRM, billing, order management, and other enterprise systems with full observability and governance. This extends Zoom’s agentic AI capabilities by enabling full-cycle resolution rather than just single-step responses.
  • Agent journey transparency and governance enhancements: Account admins can now see the data sources, decision logic, and workflow paths behind automated actions. CX teams can audit performance, troubleshoot breakdowns, and refine automation policies, enabling responsible scaling without sacrificing adherence or control.

The following next-generation enhancements, expected to be generally available in Spring 2026, will expand ZVA’s ability to handle more complex workflows while improving reliability, oversight, and operational efficiency:

  • Multimodal large language model (LLM) intelligence: ZVA will be able to interpret and act on customer-submitted documents, images, and structured identifiers such as serial numbers and forms. By extracting relevant data directly from visual and document inputs, the virtual agent can automate service scenarios that previously required manual review, helping reduce customer effort and the need for escalation.
  • Continuous learning: When integrated with Zoom Contact Center, ZVA extracts insights from escalated engagements that human agents successfully resolved and applies those validated recommendations, with oversight and controls, to similar future requests. This creates a structured feedback loop based on human-agent resolutions, reducing repeat contacts and improving resolution consistency over time.
  • Proactive outbound engagement: The virtual agent can initiate contact, confirm updates, and complete tasks based on known events. This helps organizations resolve issues before customers reach out, reducing inbound volume and customer effort.

Zoom Virtual Agent in action

Modern customer issues rarely fit into a single scripted response. Zoom Virtual Agent (ZVA) is designed to move beyond basic automation, including authenticating users, interpreting inputs, orchestrating backend systems, and completing real business actions within a single, connected workflow.

By reducing repetitive steps and minimizing handoffs, ZVA helps increase first-contact resolution while lowering handling time and operational effort. An example of this is below:

  • Scenario: End-to-End Warranty Fulfillment
    • When a customer submits a warranty claim, ZVA can authenticate the user, extract a serial number from an uploaded image, validate eligibility across backend systems, schedule device pickup, initiate a replacement order, and confirm shipment, all within one continuous interaction.
    • If escalation is required, the complete workflow history, including verified inputs and actions already taken, transfers seamlessly to a live agent. The customer does not need to repeat information or restart the process, accelerating resolution and improving the overall experience.

Raising the bar for resolution

As organizations automate more interactions to manage rising volumes and cost pressures, performance is increasingly measured by resolution quality — not containment rates alone. In the resolution economy, automation must accurately interpret intent, execute across systems, and meaningfully reduce operational load.

Zoom is already seeing measurable results internally after implementing the latest updates to ZVA in its own virtual agents:

  • Query understanding accuracy: Zoom’s no-match rate (the percentage of total conversation turns in which a virtual agent failed to understand the user’s input) has dropped from 35% to 0%, meaning almost all customer requests are accurately interpreted on the first attempt, reducing repeat queries and friction.
  • Significant time savings: On Zoom’s billing team, deflection rates (measuring the percentage of customer support inquiries resolved through self-service tools) rose from 0% to 30% in just three months, saving over 1,000 agent hours per month.

Zoom Virtual Agent 3.0 reflects Zoom’s broader ambition to power intelligent, connected customer experiences where AI and human agents work together to complete complex interactions with speed, transparency, and trust. This is automation designed not just to scale, but also to earn trust with every interaction.

See Zoom Virtual Agent in action

Read the Zoom blog to see how ZVA supports Zoom’s own customers by improving resolution at scale, and stop by Zoom’s booth (#519) at Enterprise Connect 2026, March 10–12 in Las Vegas, to see a live demo.

About Zoom

Zoom (NASDAQ:ZM) provides the AI-first, open work platform built for human connection and purposefully designed to move conversations to completion. From entrepreneurs to global enterprises, customers choose Zoom to seamlessly collaborate, communicate, and drive outcomes across meetings, chat, phone, contact center, events, and more — all with the built-in assistance of Zoom AI Companion. Founded in 2011, Zoom is headquartered in San Jose, CA. For more information, visit zoom.com.

Zoom Public Relations
Travis Isaman
[email protected]

GlobeNewswire Distribution ID 9660155

LYB announces updated 2030 sustainability goals

HOUSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) — LyondellBasell (NYSE:LYB) today announced updates to its 2030 climate and circularity goals amid the need for disciplined capital allocation, evolving market conditions and regulatory developments. The goals remain ambitious, while balancing the need to adjust for near-term achievability. The company’s three-pillared strategy remains unchanged: growing and upgrading the core, building a profitable circular and low-carbon business, and stepping up performance and culture. To ensure alignment with the strategy and reflect the realities of today’s operating environment, the updated goals are as follows:

  • Scope 1 and 2 greenhouse gas emissions reduction: 32% by 2030, relative to a 2020 baseline.1
  • Circularity: produce and market 800,000 metric tons of recycled and renewable-based polymers annually by 2030.2

“Over the past several years, we have made measurable progress and gained a deeper understanding of factors that enable us to deliver value from circular and low carbon solutions, including the pace of policy adoption and implementation, market demand and technology readiness. At the same time, maintaining capital discipline is essential in the current economic environment,” said Peter Vanacker, chief executive officer of LYB. “We will continue to create value for our stakeholders through being a leader in sustainability in the chemical industry and executing our strategy. These updates to our goals ensure we remain focused on advancing sustainability as a key value driver of our business at a pace aligned with market conditions and the regulatory environment.”

To date, the company has achieved significant milestones, including advancing construction of the MoReTec-1 plant, the company’s first commercial-scale catalytic chemical recycling plant using its proprietary MoReTec technology in Wesseling, Germany, targeting future profitable growth in circular and low-carbon solutions. The company has also made progress in reducing emissions, including at the Houston Refinery site, and through value-creating energy efficiency measures at its manufacturing sites via its Value Enhancement Program, and securing sufficient projects to reach the company target of procuring a minimum of 50% of electricity from renewable sources by 2030 (based on 2020 procured levels).

The updated goals will not impact supply commitments or commercial contracts.

Details on LyondellBasell’s refreshed sustainability approach and the enablers that impact the achievement of its sustainability goals will be shared in the company’s annual Sustainability Report in April 2026.

About LyondellBasell

We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

Forward-Looking Statements
The statements in this release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon the expectations and assumptions of management of LyondellBasell, including expectations based on third-party information and projections, which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. When used in this release, the words “intend,” “may,” “plan,” “potential,” “strategy,” “goal,” “ambition,” “”achieve,” “pathway,” “enable,” “target,” “should,” “will,” “expect,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In addition, any statements that refer to LyondellBasell’s sustainability goals and related efforts are forward-looking statements. Actual results could differ materially based on factors including, but not limited to, market conditions, the business cyclicality of the chemical, polymers and refining industries; the availability, cost and price volatility of raw materials and utilities, particularly the cost of oil, natural gas, and associated natural gas liquids; our ability to meet our sustainability goals, including the ability to  operate safely,  increase production of recycled and renewable-based polymers, and reduce our greenhouse gas emissions and energy usage; implementation of new technology and the ability to realize the expected benefits therefrom; our ability to access capital to fund our climate related initiatives; our ability to complete construction and successfully operate MoReTec-1; actions by our suppliers and customers, including the use of the Circulen family of products; our ability to procure renewable energy and reduce our reliance on coal; competitive product and pricing pressures; labor conditions; operating interruptions (including leaks, explosions, fires, weather-related incidents, mechanical failure, unscheduled downtime, supplier disruptions, labor shortages, strikes, work stoppages or other labor difficulties, transportation interruptions, spills and releases and other environmental risks); the supply/demand balances for our and our joint ventures’ products, and the related effects of industry production capacities and operating rates; our ability to manage costs; future financial and operating results; climate change developments; legal and environmental proceedings; tax rulings, consequences or proceedings; technological developments, and our ability to develop new products and process technologies; and potential governmental regulatory actions, including climate related disclosure requirements. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2026 and in our subsequent filings with the SEC, which can be found at www.LyondellBasell.com on the Investors page and on the Securities and Exchange Commission’s website at www.sec.gov.

Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements, and are urged to carefully review and consider the disclosures, including but not limited to those regarding the risks we face, in the documents we file from time to time with the Securities and Exchange Commission. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our ability to achieve our strategies or goals, our results of operations or our financial condition. Many of the standards, metrics, technology and assumptions used in preparing the company’s goals and strategy continue to evolve and are based on management assumptions believed to be reasonable at the time of preparation but should not be considered guarantees. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume, and expressly disclaims, any obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by law. The company is not obligating itself to provide any specific disclosure in the future (including with respect to the goals and progress reported herein), except as it determines to do so.

Source: LyondellBasell Industries

Media Contact: Nick Facchin +1 713-309-4791

1 Previous goal: 42% reduction by 2030, relative to a 2020 baseline.
2 Previous goal: produce and market 2 million metric tons of recycled and renewable-based polymers annually by 2030. Production and marketing includes: joint venture production marketed by LYB plus our pro rata share of the remaining production produced and marketed by the joint venture, and production via third-party tolling arrangements.

GlobeNewswire Distribution ID 9659131

Enigmatig Reports 12.2% Revenue Growth and 68.8% Gross Margin in Fiscal 2025 Following NYSE American Listing

SINGAPORE, Feb. 23, 2026 (GLOBE NEWSWIRE) — Enigmatig Limited (NYSE American: EGG) (“Enigmatig” or the “Company”), a global business enabler supporting companies expanding across borders, today announced audited financial results for the fiscal year ended September 30, 2025. Revenue increased 12.2% year over year, with gross margin expanding to 68.8% and a strengthened balance sheet following the Company’s NYSE American listing. The Company also announced that it has filed its annual report on Form 20-F for the fiscal year ended September 30, 2025 with the U.S. Securities and Exchange Commission.

Fiscal Year 2025 Financial Highlights

Total corporate services income increased by 12.2% to US$4.5 million for fiscal year 2025, compared with US$4.0 million for fiscal year 2024.
Cost of sales was US$1.4 million for fiscal year 2025, compared with US$1.3 million for fiscal year 2024.
Gross profit increased by 14.9% to US$3.1 million for fiscal year 2025, compared with US$2.7 million for fiscal year 2024.
Profit from operations was US$0.5 million for fiscal year 2025, compared with US$1.0 million for fiscal year 2024.
Net profit was US$0.6 million for fiscal year 2025, compared with US$0.8 million for fiscal year 2024.

Business Updates

In August 2025, the Company celebrated its IPO listing with a bell-ringing ceremony at the New York Stock Exchange (“NYSE”), marking a major milestone in its global expansion journey.
In September 2025, the Company signed a Memorandum of Understanding (MOU) with Thailand-based TVA Capital Consultancy Co., Ltd. (“TVA Capital”) to jointly pursue opportunities in corporate and financial advisory as well as M&A. This collaboration marks the Company’s first strategic partnership since its NYSE listing and establishes Thailand as a gateway for further expansion in Asia Pacific.

Management Quotes

“Fiscal 2025 marked our transition from a privately operated business to a publicly listed growth company with the operational scale to drive our next phase of development,” said Desmond Foo, Enigmatig’s Founder and CEO. “Supported by revenue growth, margin improvement, and a strengthened balance sheet following our IPO, we remain focused on expanding across high-growth markets in Asia Pacific and the Middle East, investing in technology, and forming strategic partnerships to drive long-term shareholder value.”

“We delivered double-digit revenue growth and increased gross margins to 68.8% for 2025, driven by robust demand for our recurring corporate secretarial services, demonstrating the scalability of our model, said Mingwen Teo, Enigmatig’s Director and CFO. “While reported net profit reflects one-off IPO-related expenses, our core operating performance remains strong. With US$13.2 million in cash, we are well-positioned to invest in technology and infrastructure that enhance operation leverage and support sustainable growth and expansion.”

Fiscal Year 2025 Financial Results

Corporate Services Income

Corporate services income grew by 12.2% year-over-year to US$4.5 million for fiscal year 2025, up from US$4.0 million in fiscal year 2024. The increase was primarily attributable to expanded service scopes and deepened relationships within our existing client base, supported by the onboarding of new clients.

The table below sets forth the breakdown of our corporate services income for the periods indicated:

  For the Year Ended September 30,  
  2024     2025  
US$ % US$ %
Corporate services income:
License application and renewal services 2,126,338 53.6 % 2,215,522 49.8 %
Corporate secretarial and other services 1,841,464 46.4 % 2,236,184 50.2 %
Total     3,967,802       100.0       4,451,706       100.0  
License application and renewal services. Income from license application and renewal services increased by 4.2% to US$2.2 million, up from US$2.1 million for the prior year, reflecting steady demand from our established client base. While the segment continued to grow, its contribution to total revenue shifted to 49.8% from 53.6% in the prior year, in line with the Company’s strategic initiative to diversify its service offerings, capturing broader value across the client lifecycle.
Corporate secretarial and other services. Income from corporate secretarial and other services rose by 21.4% to US$2.2 million from US$1.8 million for fiscal year 2024, fueled by stronger engagement among both new and existing clients. This faster-growing segment now represents 50.2% of total revenue, up 3.8 percentage points year over year, demonstrating successful execution of our diversification strategy.

Cost of Sales

Cost of sales was US$1.4 million for fiscal year 2025, compared to US$1.3 million for fiscal year 2024. The Company’s cost of sales primarily comprises staff costs, license application and renewal services costs, and corporate secretarial and related services costs. While total costs increased year over year, the Company benefited from economies of scale, with fixed costs more efficiently absorbed across a larger revenue base.

Gross Profit

Gross profit increased by 14.9% to US$3.1 million from US$2.7 million for fiscal year 2024. Gross margin for fiscal year 2025 expanded to 68.8%, compared to 67.1% for fiscal year 2024, reflecting improved operating leverage and enhanced service efficiency.

Operating Expenses

Operating expenses totaled US$2.5 million, compared with US$1.6 million for fiscal year 2024. The increase was primarily driven by non-recurring IPO-related expenses, including professional service fees and Directors and Officers liability insurance.

Profit from Operations

Profit from operations reached US$0.5 million, compared with US$1.0 million for fiscal year 2024.

Other Income

Other income totaled US$0.3 million, compared to a loss of US$0.06 million for fiscal year 2024. The increase was primarily driven by interest income and a release of customer deposits.

Net Profit

The Company reported net profit of US$0.6 million for fiscal year 2025, compared with US$0.8 million for fiscal year 2024.

Cash and Cash Equivalents

As of September 30, 2025, the Company had cash and cash equivalents of US$13.2 million, compared with US$1.6 million as of September 30, 2024, strengthening its financial position following its successful IPO.

Annual Report on Form 20-F

The Company’s Annual Report on Form 20-F for the fiscal year ended September 30, 2025 has been filed with the SEC and is available on the Investor Relations section of the Company’s website at http://investors.enigmatig.com and on the SEC’s website at www.sec.gov. Shareholders may receive a hard copy of the Company’s complete audited financial statements free of charge upon request.

Note: Unless otherwise stated, all financial results are prepared in accordance with U.S. Generally Accepted Principles (U.S. GAAP)

About Enigmatig Limited

Enigmatig is a global business enabler supporting companies in achieving their international ambitions. Since 2010, we have provided expertise, infrastructure, and regulatory guidance to help businesses operate and scale across borders.

With capabilities spanning licensing, fintech, regtech and other corporate services, Enigmatig delivers tailored solutions across the business lifecycle — from incorporation to ongoing compliance. Our team navigates complex regulatory environments across major financial hubs and key offshore centers, including London, Cyprus, and Belize.

Headquartered in Singapore, with a presence in Hong Kong, Shanghai, London, and Bangkok, Enigmatig serves a diverse and growing international client base. For more information, please visit: https://enigmatig.com

Safe Harbor Statement

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “aim,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “is/are likely to,” “potential,” “project” or “continue” or the negative of these terms or other comparable or similar terminology. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

For investor and media inquiries, please contact:

Enigmatig Investor Relations
Email: [email protected]

GlobeNewswire Distribution ID 9659059

Tune Talk Becomes ASEAN’s First Fully Cloud-Native Mobile Network Operator with Mavenir

From MVNO to MNO Enabled by Mavenir’s Cloud-Native OSS/BSS Platform

Tune Talk now operates an independent, software‑defined network by modernising its OSS and BSS layers with Mavenir’s cloud‑native platforms

Tune Talk now operates an independent, software‑defined network by modernising its OSS and BSS layers with Mavenir’s cloud‑native platforms

KUALA LUMUR, Malaysia and RICHARDSON, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) — Tune Talk, one of Malaysia’s most recognized mobile brands, has completed its evolution into a fully independent, cloud-native mobile network operator (MNO) through a strategic partnership with Mavenir, the network software provider building AI‑driven mobile infrastructure. The deployment enables Tune Talk to operate its own network systems end‑to‑end, unlocking new speed, agility, and innovation capabilities ahead of its next phase of growth.

The shift has been enabled by adopting Mavenir’s cloud-native OSS and BSS solutions, giving Tune Talk full control of its network operations and digital service platforms, and providing a software-driven foundation for future growth.

By modernising its OSS and BSS layers with Mavenir’s cloud‑native platforms, Tune Talk now operates an independent, software‑defined network. This upgrade enables faster service deployment, more personalised AI‑driven customer experiences, and improved network reliability.

The new architecture has already accelerated the rollout of digital services, including MyDigital ID integration, Mastercard ID Theft Protection, free Personal Accident Insurance, foodpanda benefits, and in‑app streaming content such as drama and game subscriptions.

Tune Talk’s new cloud-native operational environment features zero-touch processes and self-healing automation, improving network stability while reducing operational overheads.

Phase two will deepen Tune Talk’s AI‑driven transformation, introducing advanced orchestration, next-generation BSS. These capabilities will further enhance network performance, accelerate service delivery, and unlock new revenue streams through contextual, personalised offers.

“Becoming a fully cloud-native MNO marks the start of a new chapter for Tune Talk and reinforces our ambition to build a smarter, more agile mobile network for Malaysia and beyond,” said Tune Talk CEO Gurtaj Singh Padda. “These foundations enable us to move faster, personalise services at scale, and unlock new value through AI-driven innovation for our growing customer base.”

“We’re proud to have successfully delivered this first phase of our partnership with Tune Talk, advancing their evolution as a fully cloud-native MNO,” said Mavenir President and CEO Pardeep Kohli. “The Tune Talk team is committed to constant innovation, always pushing boundaries to deliver for their customers – our fully cloud-native approach is essential to enabling the speed, flexibility and efficiency they rely on to keep delivering.”

With this deployment, Tune Talk becomes a reference model for cloud-native MNO operations not just in Malaysia but to also the ASEAN region, demonstrating how modern OSS/BSS architectures can accelerate operator independence, agility, and long-term digital transformation.

Join the conversation at Mobile World Congress in Barcelona #MWC26:   

Mavenir, in collaboration with Mobile World Live, will host a panel discussion at MWC26, “Built for More, Bound by Less: The rise of a new breed of MNO embracing AI, Cloud & 5G” on Mavenir’s stand in Hall 2, 2H60 – Monday 2nd March at 01:15 – 01:45 PM. Featuring Tune Talk’s CEO Gurtaj Singh Padda, alongside an executive speaker  from TextNow, and Mavenir’s Sandeep Singh, the session will highlight how mobile networks thrive when they combine cloud-native architectures, AI-driven insight, and flexible monetization, offering practical tactics to differentiate on experience rather than price.

To join in-person or via live streaming, please register here:
Built for More, Bound by Less: The Rise of a New Breed of MNO Embracing AI, Cloud & 5G

About Mavenir 

Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company’s deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world’s subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators’ evolution to TechCos.

For more information, please visit www.mavenir.com

Mavenir PR Contacts:
Emmanuela Spiteri
[email protected]

About Tune Talk

Tune Talk is the fastest-growing fully cloud native Mobile Network Operator in Asia. Since our launch in 2009, we have remained committed to offering affordable rates and exciting incentives. As a digital lifestyle telecommunications company, our services include unlimited calls, SMS, and high-speed internet packages, tailored to meet the demands for simple, value-driven products with easy accessibility and wide distribution. Our focus on innovation and digital disruption drives us to continuously provide cutting-edge telecommunication solutions, meeting the evolving needs of our customers, and keeping us at the forefront of the industry.

For more information, please visit www.tunetalk.com.

For media inquiries, please contact:
Brand representative
 • Ahmad Zhafir Zulkifili
Mobile: +60 17-252 0315
Email: [email protected]

Team Continuum PR
 • Michelle Bridget
Mobile: +60 12-697 7356
Email: [email protected]
• Kashantha Ravindran
Mobile: +60 16-976 2767
Email: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a6112464-73e8-471f-a807-aae31298e49a

GlobeNewswire Distribution ID 9658863

Best Places to Work Certification Recognizes Asia-Pacific Organizations for Workplace Excellence

SINGAPORE, Feb. 23, 2026 (GLOBE NEWSWIRE) — The Best Places to Work Certification Program has recognized 15 companies across the Asia-Pacific region for their workplace cultures, strong employee engagement, and innovative HR practices. The certification assesses organizations on leadership effectiveness, employee experience, and overall workplace culture, spotlighting those that create environments where employees feel valued, supported, and empowered.

This year’s recognition highlights organizations that prioritize employee well-being, career development, and mission-driven cultures. Many were noted for fostering collaborative work environments, innovative workplace practices, and a strong commitment to employee empowerment. Other trends include excellence in building engaged teams, inclusive leadership, and forward-thinking people strategies that strengthen workplace culture. Several organizations stood out for their focus on talent growth and professional development across diverse sectors. For a detailed overview and the full ranking, you can explore the report here.

The data analysis indicates that employee engagement across Asia in 2025 remains strong, with average engagement levels around 77 % in top-rated workplaces. Commenting on the results, Hamza Idrissi, Global Program Director for the Best Places to Work Certification, said: “The companies highlighted this year demonstrate that investing in employee well-being, inclusive leadership, and continuous development not only drives engagement and innovation but also supports long-term business success.”

The Best Places to Work Certification Program provides organizations with a data-driven assessment of workplace practices, helping them enhance employee engagement, strengthen leadership, and cultivate a culture that attracts and retains top talent.

For more information about the certification program and participating organizations, visit www.bestplacestoworkfor.org.

Media Contact:
Hamza Idrissi
Global Program Director – Best Places to Work Certification
Email: [email protected]
Phone: +65 3159 3656

GlobeNewswire Distribution ID 1001165975