DongCheng Company Hosts 2026 Online Product Launch Events, Unveiling Multi-Scenario Solutions for Construction, Metalworking, Woodworking and Home Renovation

DongCheng Company Hosts 2026 Online Product Launch Events, Unveiling Multi-Scenario Solutions for Construction, Metalworking, Woodworking and Home Renovation

SHANGHAI, Sept. 15, 2026 /PRNewswire/ — In August, DongCheng, DCA and DCK, three power tool brands under DongCheng Company, held separate online product launch events, each livestreamed globally through its official Facebook page and YouTube channel. The events showcased a comprehensive portfolio of power tools and application-focused solutions to address diverse needs across construction, metalworking, woodworking and home renovation.

Each launch event combined real-world demonstrations with immersive 3D virtual scenes, highlighting key product features, performance capabilities and practical applications. Mr. Gu Zhiping, Chairman of DongCheng Company, delivered the opening remarks, followed by product presentations and live demonstrations led by product engineers and managers.

Each brand introduced a new product lineup reflecting its distinct market positioning:

DongCheng, with over 30 years of experience in the professional power tool industry, launched a new product series under the theme “Unmatched Power, Ironclad Quality”, covering impact wrenches, rotary hammers, angle grinders and drills.

DCA, focused on reliable jobsite performance, introduced a new product series under the theme “Professional Grade, Reliable Performance”, featuring core applications for construction, metalworking, woodworking and home renovation.

DCK, dedicated to heavy-duty professional applications, introduced a new product lineup alongside a new series of battery packs under the theme “Built for Rigor, Mastered with Ease”. The new lineup covers 12V, 20V and 40V lithium platforms.

For construction and metalworking, the new products address practical needs across steel structure installation, factory operations and building sites—covering fastening, cutting, grinding, and drilling for a range of professional applications.

For woodworking and home renovation, the new products address a range of applications, including custom furniture making and precision joinery. They support diverse tasks ranging from precision assembly to heavy-duty installation, with an emphasis on portability, operational flexibility and precise control.

This series of launches not only showcases the three brands’ continued product innovation, but also reflects their ongoing commitment to addressing users’ real-world needs. By continuously enhancing product performance and user experience, the brands strive to deliver more efficient and reliable solutions for users across a wide range of applications.

DongCheng Company continues to deepen its expertise in the power tool industry, drawing on a deep understanding of practical working conditions and diverse user needs. Guided by actual applications, the company drives product innovation and provides efficient, flexible and reliable power tool solutions.

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DongCheng Company Hosts 2026 Online Product Launch Events, Unveiling Multi-Scenario Solutions for Construction, Metalworking, Woodworking and Home Renovation

Air India to Launch India’s First UATP Corporate Travel Program, Deploying UATP Accounts for Businesses and Travel Agencies

New partnership will enable companies and travel agencies to manage airline travel payments through a centralized account, improving visibility, reconciliation, reporting, and payment efficiency while creating new growth opportunities for Air India

WASHINGTON, Sept. 15, 2026 /PRNewswire/ — UATP, the global network enabling organizations to simplify payment processes and expand their payment capabilities, has announced that Air India will become the first airline in India to offer UATP accounts to its customers. Through the initiative, businesses and travel agencies will be able to purchase Air India travel using a centralized UATP account instead of multiple individual payment methods, making it easier to manage travel spending, track transactions, reconcile accounts, and access detailed reporting.

UATP is a global payment solution owned and operated by the world's airlines and accepted by thousands of merchants for air, rail and travel agency payments. UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally. UATP offers easy-to-use data tools, DataStream(SM) and DataMine(SM), which provide comprehensive account details to Issuers and Corporate Subscribers for accurate travel management. UATP is accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak; UATP accounts are issued by: Aeromexico, APG Airlines, Air Canada, Air New Zealand, Air Niugini, American Airlines, Austrian Airlines, China Eastern Airlines, Delta Air Lines, EL AL Israel Airlines, Etihad Airways, Frontier Airlines, GOL Linhas aereas inteligentes S.A., Hahn Air; Japan Airlines, Malaysia Airlines, Qantas Airways, Shandong Airlines, Transavia Airlines, TUIfly GmbH, Turkish Airline, United Airlines, and WestJet. AirPlus International issues the UATP-based Company Account for: British Airways and Lufthansa German Airlines. (PRNewsFoto/Universal Air Travel Plan, Inc.)

The program will provide greater efficiency, transparency and control for corporate customers and travel agency partners, while helping Air India strengthen its distribution capabilities, improve payment processes, and support the growing demand for business travel in India.

The agreement, which will be formally announced in the coming months, builds on UATP’s growing presence in India. This marks the next stage of UATP’s expansion in one of the world’s fastest-growing aviation markets.

“India is a market of significant strategic importance to UATP, and Air India is the ideal partner as the first airline offering UATP in the region,” said Ralph A. Kaiser, President and CEO of UATP. “By partnering with Air India, establishing UATP India Private Ltd. in Mumbai and developing a settlement solution for Indian currency, we are building the foundation for a successful program across India’s travel sector.”

India is one of the world’s largest aviation markets, with aviation supporting 7.7 million jobs and 1.5% of GDP. UATP’s market whitepaper, Opportunity in India: Commercial Aviation, Payments, and Growth on the Subcontinent, cites research projecting growth in digital payment transactions from 159 billion in FY2023-24 to 481 billion by FY2028-29.

Designed to support both Air India and its agency partners, the program provides a modern payment framework that centralizes processes, improves reporting accuracy, streamlines reconciliation, and increases transparency across the payment lifecycle. The initiative advances Air India’s strategic priorities of reducing costs, mitigating risk, and optimizing distribution performance.

“Through UATP, we are empowering our travel agency partners with a modern payment solution that improves efficiency, visibility, and control across the payment process,” said Nipun Aggarwal, Chief Commercial Officer at Air India. “As the travel market continues to expand, this program strengthens collaboration with our agency community and delivers a differentiated payment offering that benefits the entire travel ecosystem.”

When the UATP-Air India program goes live in the coming months, Air India will be able to expand payment options for businesses and business travelers in India, while creating new opportunities to grow its core travel business.

Since its privatization in 2022, Air India has been undergoing a comprehensive transformation spanning fleet renewal, new cabin products, digital transformation, operational enhancements, and elevated customer experience initiatives. The airline has placed record orders for 600 aircraft, introduced new and retrofitted cabin products, expanded its global network, enhanced on-board offerings, and invested significantly in technology platforms to deliver a more seamless travel experience.

For more information about the partnership between UATP and Air India, or to speak with a UATP executive, please contact Wendy Ward at wendy.ward@uatp.com.

ABOUT UATP

UATP is the global payment network simplifying payments in complex industries. We make it easy for businesses to accept or make any type of payment, open new markets, drive growth, and reduce costs for Network Participants, vendors, agents, aggregators, and more. UATP is continually innovating to connect companies to new forms of payment (AFPs), and our easy-to-use data tools, DataStream® and DataMine®, provide comprehensive account details to Customers and their Corporate Account Holders. Our team has decades of experience with the ever-changing payments landscape, and our reliable and proven technology ensures our global customers get more from every payment experience. Learn more at uatp.com.

Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies, and Amtrak®; UATP accounts are deployed by: Aeromexico; AERTiCKET; Air Canada (TSE: AC); Air China; Air India; Air New Zealand (ANZFF.PK); Air Niugini; Akbar Travels; American Airlines (NASDAQ: AAL); APG Airlines; APG Pay; Austrian Airlines; BCD Travel; China Eastern Airlines; ConnexPay; Delta Air Lines (NYSE: DAL); EL AL Israel Airlines; Ethiopian Airlines; Etihad Airways; Fareportal; Flight Centre Travel Group; Frontier Airlines; GOL Linhas Aereas inteligentes S.A. (Bovespa: GOLL4); Hahn Air; High Point Travel; Hopper; Japan Airlines (9201:JP); JetBlue Airways; LATAM Airlines; MakeMyTrip; Perk Platform S.L.U.; Qantas Airways (QUBSF.PK); SEB Kort, Germany (“AirPlus”); Shandong Airlines; Sichuan Airlines; Southwest Airlines; Sun Country Airlines; TUIfly GmbH; Turkish Airlines (ISE: THYAO); United Airlines (NASDAQ: UAL); Wego; WestJet; Wings Global Travel and W2 by GO7.

About Air India Group

The Air India Group – comprising full-service global airline, Air India, and value carrier, Air India Express – is spearheading a new era of Indian aviation. The Air India story began in 1932 when JRD Tata piloted the airline’s inaugural flight and opened the skies for aviation in India. Today, Air India Group employs more than 30,000 people, operates over 300 aircraft and carries travellers to 60 domestic and 51 international destinations across five continents.

Returning to Tata Sons in 2022 following 70 years under Government ownership, Air India Group is in the midst of a five-year transformation program, Vihaan.AI. As part of the transformation, Air India has placed orders for 600 new aircraft. In addition to taking new aircraft deliveries, Air India is progressively retrofitting all its legacy aircraft.

The Air India Group operates South Asia’s largest aviation training academy in Gurugram, India. The construction of a new flying school and a greenfield maintenance base is in progress. With transformation underway across all facets of the business and India’s rich legacy of hospitality, Air India is committed to being a world class global airline with an Indian heart.

For more news on Air India, visit http://www.airindia.com/newsroom.

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Air India to Launch India's First UATP Corporate Travel Program, Deploying UATP Accounts for Businesses and Travel Agencies

ZAKH launches solar panel and BIPV manufacturing facility in Ras Al Khaimah

ZAKH launches solar panel and BIPV manufacturing facility in Ras Al Khaimah

 

ZAKH’s new facility in Al Ghail, RAKEZ, is expected to have an annual production capacity of 600 MW of solar panels.

Ras Al Khaimah, Sept 15: ZAKH Renewable Energy and Engineering Manufacturing has launched its solar panel and Building Integrated Photovoltaics (BIPV) manufacturing facility in Ras Al Khaimah Economic Zone (RAKEZ) to serve markets across the UAE, the wider region and beyond.

Set on a 30,000 m² plot in Al Ghail Industrial Zone, the facility manufactures solar panels and customised BIPV façade solutions, with a current annual production capacity of 600 MW of solar panels, alongside up to 500,000 m² of BIPV façade solutions.

RAKEZ Group CEO Ramy Jallad said, “ZAKH’s facility brings specialised renewable energy manufacturing capabilities to Ras Al Khaimah’s growing industrial ecosystem. As demand for clean energy solutions continues to evolve across the region, building local production capacity creates opportunities to strengthen supply chains, advance industrial capabilities and serve growing regional and international markets. We are pleased to support ZAKH as it establishes its manufacturing base in Ras Al Khaimah and moves forward with its expansion plans.”

ZAKH Chief Operating Officer Marina Strateva said, “Establishing our manufacturing facility in Ras Al Khaimah represents an important milestone in ZAKH’s growth journey. From this strategic base, we aim to deliver high-quality solar panels and customised BIPV façade solutions that meet the evolving requirements of customers across the UAE, GCC and international markets. RAKEZ has provided the infrastructure and business environment needed to support our manufacturing ambitions, and we look forward to expanding our capabilities and contributing to the region’s transition towards cleaner and more sustainable energy solutions.”

Looking ahead, ZAKH has plans for future expansion to increase its solar module production capacity to more than 1.8 GW in the coming years. Its products will primarily serve the UAE and wider GCC and MENA region, with additional reach into Africa, Europe and the United States.

ZAKH’s flagship solar technology brand, FAERS, began as an R&D initiative in Azerbaijan in 2017 and has since evolved into industrial-scale photovoltaic technology manufacturing, with solutions designed to perform in high-temperature and desert environments.

RAKEZ continues to strengthen its ecosystem for manufacturers operating in renewable energy and sustainability-focused industries, providing the infrastructure, facilities and business support needed to develop local production capabilities and scale their operations. By enabling companies in these emerging sectors to manufacture from Ras Al Khaimah, RAKEZ is supporting the growth of sustainable industries and more resilient local and regional supply chains.

Dubai’s tourism sector records highest visitor numbers since February as Arabian Travel Market 2026 opens

Dubai’s tourism sector records highest visitor numbers since February as Arabian Travel Market 2026 opens

 

India, 15th September 2026: Dubai’s tourism industry is increasingly demonstrating its strength, with the city’s hotel sector delivering sustained performance growth, according to the latest data released by the Dubai Department of Economy and Tourism (DET) on the opening day of Arabian Travel Market (ATM) 2026.

The performance through August reflects the strength of the systems, partnerships and diversified market base that Dubai and its partners have built over the years. It is a testament to the resolve of an industry that has continued to invest, innovate and deliver for its guests, and it underlines confidence in the destination’s position heading into the final months of 2026.

DET’s diversified year-round market strategy, delivered in collaboration with domestic stakeholders and more than 3,000 international partners, showcased Dubai to new and returning visitors from both traditional and emerging markets. This led to an increase in arrivals from key regions, while also attracting new permanent residents, investors and businesses. In December, the city welcomed 2.04 million international overnight visitors, marking +6% year-on-year growth. The previous record month for the city was January 2025, with 1.94 million visitors.

Hotel occupancy reached 66% in August, representing 89% of the city’s occupancy levels in August 2025, and continuing a steep climb from 36% occupancy in March 2026. That sustained upward trajectory is a clear signal of underlying demand and the strength of Dubai’s hospitality sector. As a number of properties have begun implementing extensive renovation projects to further elevate the guest experience and embed future readiness, hotel room inventory approached 149,000 rooms by the end of August 2026. In the first eight months of the year, the emirate’s hotels recorded 21.61 million occupied room nights, underscoring the scale at which the industry continues to operate.

Dubai’s tourism sector records highest visitor numbers since February as Arabian Travel Market 2026 opens

 

The strong hotel performance was reflected in visitor numbers, with Dubai welcoming approximately 869,000 international overnight visitors in August 2026, building on month-on-month, double-digit growth since March. This represented its strongest monthly volume since February 2026, taking total international visitation to 6.97 million across the first eight months of the year.

Dubai continued to draw visitors from a broad mix of international source regions. Western Europe remained the leading regional contributor from January to August, accounting for 20% of visitation, followed by South Asia at 17%, the GCC at 16%, CIS and Eastern Europe at 14%, MENA at 10%, North East and South East Asia at 9%, Americas at 7%, Africa at 5% and Australasia at 2%. This diversified mix provides a vast international base from which DET, and its partners can continue to stimulate demand across established and emerging markets. It also aligns with the goals of the Dubai Economic Agenda, D33, to further consolidate Dubai’s position as a leading global destination for business and leisure and build a resilient and future-focused visitor economy.

Diverse source markets

His Excellency Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DCTCM), part of the Dubai Department of Economy and Tourism, said: “The true grit of any city is tested not when the path is smooth, but during challenging times, and in line with our leadership’s direction, we do not wait for the perfect conditions to continue delivering. The results so far this year reflect the continued efforts of everyone who contributes to Dubai’s visitor economy, from our global hospitality and tourism partners to the people across the city who co-create the experience visitors come here to enjoy. We are proud of the way our industry has performed over recent months, as Dubai continues to welcome international visitors at significant scale, supported by a source market mix that remains consistently diverse, extensive hospitality infrastructure, and an evolving destination offering.

“Arabian Travel Market marks an important opportunity to build on that progress and support our industry. It allows us to sit down with our partners from around the world, listen to what they are seeing in their markets, and work together on where the opportunities lie. Our focus remains on close collaborations with our industry, strengthening demand across established and emerging markets, and continuing to give visitors compelling reasons to choose Dubai. The strength of those foundations and partnerships gives us confidence as we look to the remainder of 2026 and beyond.”

Taking place from 14-17 September at the Dubai World Trade Centre, the 33rd edition of ATM brings the global travel and tourism community together in Dubai at an important time for the industry, as markets focus on increasing demand and identifying new opportunities. For DET and its partners, the event provides an important platform to strengthen relationships with the international travel trade, develop new opportunities across key markets and showcase the continued evolution of the destination.

Vibrant partnership model

DET is joined at ATM 2026 by more than 115 co-exhibitors from across Dubai’s tourism ecosystem, spanning hotel groups, attractions, destination management companies and aviation partners, as well as government entities. Their participation reflects the collaborative public-private partnership model that continues to underpin Dubai’s tourism strategy and enables the destination to present a broad and integrated offering to travel trade professionals from around the world.

The department is also hosting more than 300 international travel trade professionals from over 40 countries through its ATM Hosted Buyers Programme. The initiative gives buyers who promote and sell Dubai first-hand exposure to the destination and opportunities to meet directly with tourism stakeholders, discover new products and experiences, and deepen their knowledge of the city’s evolving visitor offering.

Evolving experiences

Across ATM, DET and its partners are showcasing the continued development of Dubai’s tourism proposition, spanning hospitality, gastronomy, culture, entertainment, wellness, accessibility, sustainability and family experiences. The city’s focus for 2026 also includes strengthening global connectivity, further enhancing accessibility for autistic and sensory-sensitive visitors and advancing initiatives including Dubai Sustainable Tourism, and Dubai Can.

Throughout 2026, DET has continued to build on the ways it reaches international audiences and strengthen advocacy for the destination. These include ongoing engagement with international travel trade representatives, market briefings and roadshows, international campaigns and partnerships tailored to key source markets. The recent DET-driven ‘A Dubai Invite’ also empowered Dubai residents from almost 200 nationalities to invite family and friends to experience the city, with over 90,000 residents applying for benefits through the programme. Together, these activities are designed to recognise some of our most valuable ambassadors, maintain Dubai’s visibility, favorability and consideration, deepen relationships across priority markets, and support future demand for the destination.

Earlier this year, amid the regional situation that impacted global travel, Dubai’s Government delivered an AED2.5 billion package directly supporting the tourism, hospitality and entertainment sectors. The city has rapidly rescaled its global connectivity, spearheaded by Emirates, which has restored 97% of its global network, and through Dubai International Airport (DXB), where load factors continue to strengthen, approaching 2025 levels.

DET’s participation at ATM will continue throughout the four-day event, with a programme of meetings, partner engagements and industry discussions focused on strengthening Dubai’s international tourism relationships and supporting future demand across the tourism economy.

From Asia to the World: Coda Expands Global Commerce With Forter

The expanded partnership strengthens Coda’s fraud protection as it scales across new markets and payment methods.

SINGAPORE, Sept. 15, 2026 /PRNewswire/ — Coda, a global leader in digital content monetization and distribution, is expanding its partnership with Forter, the Trust Intelligence Platform for the future of commerce, to new markets. The expansion follows Coda’s initial success with Forter’s 3D Secure (3DS) optimization, which delivered a 20% revenue uplift over the course of 18 months in key markets, such as the USA, recovering revenue that could otherwise have been lost to checkout friction.

Forter

As artificial intelligence, new payment methods and cross-border transactions reshape digital commerce, trust is becoming increasingly important infrastructure for international growth. Coda uses Forter’s Fraud Management and Payment Optimization solutions powered by its leading commerce network and patented identity-linking capabilities to identify trustworthy customers, maximize authorization rates, reduce payment costs, and eliminate friction across every checkout interaction. By sharing enriched identity and risk signals directly with banks and card networks, applying AI-driven 3DS authentication only when and where it improves outcomes, and routing every transaction to the best-fit processor in real time, Forter gives merchants the precision to approve more real customers while delivering a seamless checkout experience for trusted customers every time.

Online games, apps and digital content present distinct fraud and abuse challenges. Products such as in-game currency, vouchers and digital content can be delivered, transferred or resold almost instantly. Many consumers also complete purchases as guests, providing fewer traditional identity signals and making it more difficult to distinguish legitimate customers from fraudulent actors. Forter’s trust intelligence built on the largest commerce identity network recognizing 95%+ of online buyers allows the company to move away from broad, rules-based controls that can create unnecessary friction and instead apply more precise, identity-based decisions.

“Forter has brought more peace of mind to the team. Its ability to detect sophisticated fraud patterns and make trusted decisions at scale gives our team the confidence and capacity to stay ahead of emerging threats and focus on broader network-level risk,” said Jonathan Acher, Lead Product Manager, Fraud at Coda.

“Asia has become one of the world’s most dynamic centres for digital commerce innovation. As companies founded in this region expand globally, success depends on their ability to build trust across every customer interaction, market and payment method,” said Akash Ranka, Vice President of Commercial at Forter.

“Coda operates in one of the hardest segments to protect — high-volume, low-ticket digital goods transactions where friction kills conversion but fraud kills margin. Forter helps distinguish between the two in real time, so genuine gamers can continue to play and transact while bad actors are blocked.”

Forter’s identity-powered pre-authorisation decisioning gives Coda greater control over how each transaction is managed, allowing them to craft a superior, profitable customer journey with confidence.

About Coda

Coda is a global leader in digital content monetization and distribution. We’re trusted by 300+ publishers—including Activision, Electronic Arts, and Riot Games—to grow their audiences and revenue worldwide. Our out-of-app solutions include Custom Commerce, a fully customizable web store; Codapay, which enables seamless direct payments through a single API integration on publishers’ websites; Codashop, the go-to marketplace for millions of gamers to purchase in-game content; and Distribution, which extends content reach through a network of trusted commerce partners. Founded in 2011, Coda is headquartered in Singapore with a team of 550+ Codans around the globe. Coda recently acquired Recharge, Europe’s leading prepaid payments platform. Coda is backed by Apis Partners, Insight Partners, and Smash Capital, and has been named an APAC High Growth Company (2023) by Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader on Fortune’s Fintech Innovation Asia list (2024), and listed among The Straits Times Fastest Growing Fintechs (2024). For more on Coda, visit coda.co.

About Forter

Forter delivers AI decisions built for the commerce moments that matter. Powered by a network of 2 billion shoppers, our AI makes instant trust decisions from sign-up to checkout to returns — so every good customer always gets the experience they deserve. Nordstrom, Instacart, Priceline, and nearly 1 million businesses trust Forter to keep the right customers coming back. Zero friction for the customers who matter. No revenue left behind. Learn more at Forter.com.

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From Asia to the World: Coda Expands Global Commerce With Forter

Shanghai Electric Reports 16.6% Revenue Growth in H1 2026 as New Orders Reach CNY 100.39 Billion

Accelerated deployment of green energy and industrial AI technologies, with project progress in European and Middle Eastern markets

SHANGHAI, Sept. 15, 2026 /PRNewswire/ — Shanghai Electric (SEHK: 02727, SSE: 601727) has released its interim results for the first half of 2026. During the reporting period, it achieved operating revenue of CNY 63.332 billion (USD 9.17 billion), up 16.6% year‑on‑year; net profit attributable to shareholders of the listed company reached CNY 970 million (USD 140.49 million), an increase of 18.2%; and new orders totaled CNY 100.39 billion (USD 14.54 billion), marking further progress in energy transition, high‑end intelligent manufacturing, and international expansion.

Shanghai Electric Reports 16.6% Revenue Growth in H1 2026 as New Orders Reach CNY 100.39 Billion

Sustained momentum across three business pillars, with orders providing longterm visibility

Shanghai Electric’s Energy Equipment segment posted revenue of CNY 36.558 billion (USD 5.29 billion), up 21.4% year‑on‑year, driven by growth in its wind power and energy storage businesses. The Industrial Equipment segment generated CNY 18.954 billion (USD 2.75 billion) in revenue, a 1.9% increase, as digital and smart technologies reinforced its position in machine tools, elevators, and industrial components. The Integrated Services segment achieved revenue of CNY 10.862 billion (USD 1.57 billion), up 31.5%. The segment continued to strengthen its capabilities in supply chain coordination, customized solutions, and full-lifecycle services.

Of the new orders, Energy Equipment accounted for CNY 64.24 billion (USD 9.30 billion)—including CNY 12.39 billion (USD 1.79 billion) for wind power equipment, CNY 11.44 billion (USD 1.66 billion) for energy storage equipment, CNY 4.57 billion (USD 661.91 million) for nuclear power equipment, and CNY 20.23 billion (USD 2.93 billion) for coal‑fired power generation equipment. New orders for Industrial Equipment and Integrated Services stood at CNY 21.25 billion (USD 3.08 billion) and CNY 14.91 billion (USD 2.16 billion), respectively.

Advancing overseas project expansion and localized operations

During the reporting period, Shanghai Mitsubishi Elevator secured the contract for the Dubai Palm Island Phase II project, supplying 700 high-end elevators and related services.

Marking its first large-scale entry into Europe’s high-end market, Shanghai Electric’s power transmission and distribution business won a contract to supply high- and low-voltage switchgear for a hyperscale data center in Finland.

The company also signed a contract for the Minety Phase II Stonehill Energy Storage Project (50 MW/150 MWh) in the UK, further reinforcing its strategic footprint in the European premium energy storage market.

Shanghai Electric has established a “1+N+6” international business management network, with newly opened regional headquarters in Central Asia, Southeast Asia, and the Middle East and North Africa driving global business synergy and strengthening localized operations across key markets.

Technology- and innovation- driven strategy breaks new ground in green energy and high-end manufacturing

In green fuels, the company’s proprietary “green power + biomass gasification to green methanol” full‑chain technology, validated in Jilin’s Taonan project, has secured the EPC contract for the Lanzhou New Area 100,000‑ton/year biomass green methanol project (Phase I), now under construction.

In new energy and high‑end equipment, the company has mastered key nuclear equipment manufacturing and testing technologies, with offshore wind orders exceeding 2 GW. The company also contributed to the full commissioning of the Huai’an Salt Cavern Compressed Air Energy Storage Project—the world’s largest.

In industrial intelligence, the “SUYUAN 2.0” humanoid robot made its domestic debut, with over 40 AI agents deployed across R&D, production, and maintenance. The SEunicloud Industrial Internet Platform has connected about 1.16 million devices and developed over 60 industry‑specific digital solutions.

Looking ahead, Shanghai Electric will focus on coordination and efficiency, international expansion, and digitalization to advance the high-end, intelligent, green, and integrated development of its businesses.

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Shanghai Electric Reports 16.6% Revenue Growth in H1 2026 as New Orders Reach CNY 100.39 Billion

Sullivan & Cromwell Opens Office in ADGM

Ahmed T. el-Gaili Rejoins as a Partner to Lead the Firm’s Expansion into the Middle East

ABU DHABI, UAE, Sept. 14, 2026 /PRNewswire/ — Sullivan & Cromwell LLP today announced the opening of an office in Abu Dhabi, reinforcing its long-term commitment to the Middle East. Located in ADGM, the international financial center in Abu Dhabi, the capital of the United Arab Emirates, the new office will enhance S&C’s ability to serve clients in the UAE, Saudi Arabia and across the region with its integrated offering, which combines financing, regulatory, and transactional expertise with deep experience working on complex, cross-border, and large-scale mandates.  Ahmed T. el-Gaili will rejoin the firm as a partner to lead the firm’s Middle East practice.

“We are delighted to deepen S&C’s connection to one of the world’s most dynamic financial centers with a new office in Abu Dhabi,” said Robert Giuffra and Scott Miller, Co-Chairs of Sullivan & Cromwell. “Underscoring our long-term commitment to the region, we are pleased to welcome back Ahmed to S&C. He is an outstanding lawyer who is ideally placed to lead our work in the Middle East as we build on the longstanding relationships and track record we have developed advising our clients on their most critical matters across the region.”

Mr. el-Gaili previously practiced at Sullivan & Cromwell for six years in London before relocating to the Middle East. He has nearly two decades of experience in the region advising sovereign wealth funds, state-owned enterprises, governments, leading regional and international corporates, and private equity firms on complex, cross-border transactions and projects. His practice spans M&A, private equity, joint ventures, project finance and development and restructuring, with a particular focus on the energy, infrastructure, life sciences, telecom and technology sectors. He has extensive relationships with leading sovereign wealth funds and state-owned enterprises throughout the Middle East.

“Sovereign capital, private equity and infrastructure investment in the Middle East is fueling some of the most high-profile and complex transactions anywhere in the world, particularly in Saudi Arabia and the UAE,” said Mr. el-Gaili. “S&C’s global platform, integrated offering and depth of expertise make it uniquely positioned to advise the region’s most sophisticated clients on matters where judgment is decisive. I’m delighted to return to S&C and look forward to working with my colleagues across the firm to build our presence in the Middle East at a time of significant activity and growth.”

“We welcome Sullivan & Cromwell to ADGM, the international financial centre of Abu Dhabi, and are pleased to see a leading global law firm establish a presence in our jurisdiction,” said Arvind Ramamurthy, Chief Market Development Officer of ADGM. “Their decision to open an office in ADGM reflects the continued growth of Abu Dhabi as a leading hub for international finance, investment and professional services, and further strengthens the depth of expertise available to regional and global clients operating from ADGM.”

S&C’s expansion into the Middle East will be supported by other firm partners with deep regional experience. Mr. el-Gaili will work closely alongside the wider S&C team, including partner Garth Bray, who brings extensive expertise working on complex cross-border M&A as well as technology and regulatory matters, and Umberto Hassan, whose expertise includes cross-border M&A and complex restructuring, with a focus on clients based in the UAE.

S&C has received full regulatory authorization from ADGM’s Registration Authority.

About Sullivan & Cromwell LLP

Sullivan & Cromwell LLP is a leading global law firm that advises on major domestic and cross-border M&A, significant litigation and corporate investigations, finance and corporate transactions, and complex antitrust, regulatory, tax and estate planning matters. Our Firm’s hallmarks are the highest-quality independent advice and intense dedication to solving client problems. Founded in 1879, S&C has approximately 1,000 lawyers located in offices in New York, Washington, D.C., Los Angeles, Palo Alto, London, Frankfurt, Paris, Brussels, Hong Kong, Beijing, Tokyo, Melbourne, Sydney and Abu Dhabi.

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Sullivan & Cromwell Opens Office in ADGM

CATL Launches TECTRANS II at IAA Transportation 2026 to Accelerate Global Commercial Vehicle Electrification

HANOVER, Germany, Sept. 14, 2026 /PRNewswire/ — Contemporary Amperex Technology Co., Limited (CATL) today unveiled TECTRANS II, its next-generation commercial vehicle battery solution, at IAA Transportation 2026 in Hanover.

CATL Launches TECTRANS II at IAA Transportation 2026 to Accelerate Global Commercial Vehicle Electrification

“Commercial vehicle electrification is emerging as the third wave of the global energy transition,” said Akin Li, Executive President of CATL Overseas Business. “Across products, energy, services and ecosystem, CATL is poised to work with partners around the world to catch this third wave.”

Akin Li, Executive President of CATL Overseas Business

TECTRANS II: A Modular Platform Built for Commercial Vehicle Electrification

Scenario Adaptability: Designed for diverse commercial vehicle applications and operating requirements.

  • One platform for multiple scenarios: By configuring different numbers of standardized battery packs, TECTRANS II can meet different energy capacity and payload requirements and support a maximum driving range of up to 1,000 kilometers.
  • Flexible technology routes: The platform is compatible with both e-axle and central-drive architectures and supports flexible switching between charging and battery swapping.
  • One Configuration, Lifetime Compatibility: The platform standardizes external dimensions, electrical interfaces and communication protocols while allowing battery technologies and pack designs to evolve. This enables both new and existing vehicle models to benefit from future upgrades without major changes to the vehicle platform.
  • The modular design helps OEMs shorten vehicle development cycles by 50% and reduce R&D costs by 60% to 70%, supporting faster model launches and lower adaptation costs.

TECTRANS II battery

Lifecycle Economics: Designed to deliver stronger economics across the entire vehicle lifecycle.

  • Faster payback: The modular platform eliminates the need to develop dedicated battery systems for each vehicle model, helping OEMs reduce development costs, shorten launch timelines and lower early-stage investment risk.
  • Higher operating returns: TECTRANS II improves fleet economics in three ways.
    • Higher energy density: Boasting a gravimetric energy density of 170 Wh/kg, around 13% above the industry average, the battery enables vehicles to carry approximately 0.6 tonnes of additional payload at the same battery capacity.
    • Longer Range, Faster Charging: Its maximum configuration offers up to 1,000 km of range and 80% charging in 25 minutes with megawatt-level fast charging, minimizing downtime on long-haul routes.
    • Higher energy efficiency: The world’s first full-tab low-impedance design enables 96% system round-trip efficiency (RTE), reducing charging losses and delivering more usable energy for daily operations.
  • Stronger residual value: The TECTRANS II battery for heavy-duty trucks is engineered for a 12-year, 1.5-million-kilometer service life with 70% capacity retention, helping support stronger residual value for fleet assets.

TECTRANS II battery

Safety and Reliability: Built to withstand real-world commercial operations.

  • Robust physical protection:
    • Hot-formed steel upper cover: Withstands repeated stepping by an 180-kilogram adult 10,000 times without deformation.
    • Ultra-strong bottom plate: Delivers 1,000 J impact resistance to protect the battery pack from road impacts.
    • High-strength enclosure protection: Uses an extruded-aluminum enclosure with crush-resistant ribs, delivering lateral crush strength up to 250 kN.
    • 15-year corrosion resistance: Supports long-term operation in coastal environments and cold regions.
    • Maintenance-friendly design: Maintains IPXXB protection with the main connectors connected or disconnected, enhancing high-voltage safety during maintenance.
  • System redundancy:
    • Architecture redundancy: Multi-branch independent BMS control enables the system to isolate a failed branch while the remaining branches continue to supply power.
    • Precise fault diagnosis: Proprietary insulation fault-location technology can distinguish whether an insulation issue comes from the battery or other vehicle components, enabling faster troubleshooting.
    • Cybersecurity protection: Multi-layer protection from chip hardware and software programs to the vehicle system, following international information security standards throughout development.

TECTRANS II reflects CATL’s long-term commitment to continuous innovation and consistent product quality. In addition, backed by real-world operating experience and rigorous validation, including full-vehicle torsion and external fire testing, the platform is designed for safety, reliability and long service life in demanding commercial vehicle operations.

Partnering to Build Green Freight Corridors Across Europe

At the show, CATL also signed an MoU with DHL Group. Building on the pair’s September 2024 agreement, the MoU will see the two companies develop Green Freight Corridors across Europe. The partners will leverage DHL’s logistics network, operational expertise and real-world transport requirements alongside CATL’s battery technology and electrification ecosystem. They will also work with OEMs and other partners to co-develop purpose-built electric vehicles and launch pilot deployments.

Zhu Lingbo, CTO of CATL Global Business Unit

“Commercial vehicle electrification will unfold over more than a decade,” said Zhu Lingbo, CTO of CATL Global Business Unit. “With our deep technological expertise and long-term commitment, CATL is ready to be the most reliable partner for customers worldwide and for the global electrification of freight transport.”

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CATL Launches TECTRANS II at IAA Transportation 2026 to Accelerate Global Commercial Vehicle Electrification

Dr. Bhargav Mallappa’s New Book on India’s Transformation Released

Dr. Bhargav Mallappa’s ‘The Modi Era: India’s Journey of Transformation’ Launched in Wayanad

 

Sulthan Bathery, Wayanad | 14 September 2026

The book “The Modi Era: India’s Journey of Transformation”, authored by Dr. Bhargav Mallappa, Author and Founder, Akhila Sevak Samaj Council (ASSC), was launched in Sulthan Bathery, Wayanad, on Monday as part of the Birthday Week Celebrations of Hon’ble Prime Minister Shri Narendra Modi Ji.

The event was held at Adithara Auditorium, Sulthan Bathery, in the presence of spiritual leaders, public representatives, social leaders, academics, workers’ representatives and members of the media.

The book seeks to document a period of change in India and encourage discussion on where the country has come from, where it stands today and where it can go in the years ahead. Dr. Mallappa said the book was developed through months of reading, observation and reflection, and that its launch marked the beginning of a wider conversation.

The welcome address was delivered by Dr. S. Selvaganesh, National Chairman, Bharathiya Hindu Parivar and Member, Zonal Railway Users Consultative Committee (ZRUCC), Ministry of Railways, Government of India.

Dr. Bhargav Mallappa’s ‘The Modi Era: India’s Journey of Transformation’ Launched in Wayanad

 

The book was launched in the presence of Madurai Aadheenam Srimath Vishwalinga Thambiran, Thiru Rajasekar Swamigal, Thavathiru Palani Adigalar, Mahaa Shri Shri Yukteshwara Paramacharya Swamigal, Shri Karan Bhushan Singh, Hon’ble Member of Parliament (Lok Sabha), Shri T. S. Srivatsa, Hon’ble MLA, Krishnaraja Constituency, Mysuru, Shri Satyendra Kumar Bari, Member, State Commission for Backward Classes, Uttar Pradesh, Prasanth Malavayal, BJP District President, Wayanad, Dr. Subbha Somu, Shri Chandan Kumar, Dr. Mahalakshmi, and Kaleem Bharathi, among other dignitaries.

Dr. Mallappa said he hoped readers would engage with the ideas in the book, agree with some, question others and develop their own understanding of India’s transformation. He also expressed the hope that the book would become part of conversations among young people, communities, institutions and readers across the country.

The programme concluded with the vote of thanks delivered by Shri Manoj Sharma.

The event was organised by the Akhila Sevak Samaj Council (ASSC) as part of the Birthday Week Celebrations of Prime Minister Narendra Modi.

SleepRes Receives Frost & Sullivan’s 2026 North America New Product Innovation Recognition for Excellence in Positive Airway Pressure Device Innovation

Advancing patient-centric innovation and next-generation therapy delivery in positive airway pressure devices through clinically validated multi-mode technology and enhanced comfort performance

SAN ANTONIO, Sept. 14, 2026 /PRNewswire/ — Frost & Sullivan is pleased to announce that SleepRes has been recognized with the 2026 North America New Product Innovation Recognition in the Positive Airway Pressure Devices industry for its outstanding achievements in product innovation, clinical differentiation, and patient-centric therapy design. This recognition highlights SleepRes’ leadership in advancing measurable clinical outcomes, and redefining comfort-driven innovation within an evolving sleep therapy landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. SleepRes excelled in both, demonstrating its ability to align innovation with evolving clinical and market requirements while executing with precision, scalability, and regulatory alignment. “The Kricket PAP device supports KPAP, traditional CPAP, and APAP modes within a single platform. This multi-mode architecture enables seamless clinician adoption without forcing protocol changes and aligns with existing reimbursement and prescribing frameworks,” said Utkarsha Soundankar, Industry Analyst, Frost & Sullivan.

Guided by a long-term innovation strategy centered on clinical validation, physician-led design, and platform flexibility, SleepRes has demonstrated strong adaptability in a rapidly evolving Positive Airway Pressure (PAP) market. The company’s strategic focus on integrating algorithmic intelligence with established clinical workflows has enabled efficient excitement across healthcare settings while supporting continuity of care and reimbursement alignment.

Innovation remains central to SleepRes’ approach. Its flagship Kricket™, powered by KPAP™, introduces a differentiated PAP therapy experience that dynamically adjusts pressure delivery in real time, aligning with patient respiration to improve comfort without compromising therapeutic efficacy. “We’re honored to receive this recognition from Frost & Sullivan. It validates our belief that sleep therapy can be both clinically effective and significantly more comfortable for patients, and we’re proud to bring that vision to market.” – John Lipman, CEO at SleepRes.

Frost & Sullivan commends SleepRes for setting a high standard in product innovation, clinical integration, and patient-centric design within the Positive Airway Pressure Devices industry. The company’s vision, supported by FDA 510(k) clearance and a strong clinical foundation, is shaping the future of sleep therapy by enabling more natural, effective, and scalable treatment experiences.

Each year, Frost & Sullivan presents the New Product Innovation Recognition to a company that demonstrates outstanding development and implementation, resulting in measurable improvements in market impact, product differentiation, and competitive positioning. The recognition honors forward-thinking organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.

Contact us: Start the discussion.

Contact:

Ashley Shreve

E: ashley.weinkauf@frost.com 

About SleepRes, Inc.

SleepRes is a sleep and respiratory health technology company dedicated to transforming the treatment of obstructive sleep apnea through thoughtful design, advanced engineering, and patient-first innovation. Powered by its proprietary KPAP™ technology, Kricket™ is building a new generation of sleep therapy solutions that prioritize comfort, and long-term health outcomes.

For more information, visit www.kricket.com.

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SleepRes Receives Frost & Sullivan's 2026 North America New Product Innovation Recognition for Excellence in Positive Airway Pressure Device Innovation