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June 20, 2025

Suntory Global Innovation Center Succeeds in Elucidating the Sex Determination System in Hops in International Joint Study with Japanese and Czech Research Institutions

Suntory Global Innovation Center Inc. (SIC), an R&D organization of Suntory Group, is proud to announce that it has successfully elucidated the sex-determining system in hops as a result of an international joint study with research institutions from Japan and the Czech Republic. The research was published as a paper entitled “Evolution and functioning of an X-A balance sex-determining system in hops” on the website of the world-renowned scientific journal "Nature Plants" on June 18, 2025. From SIC, Eiichiro Ono and Tenta Segawa contributed to this work, which was completed in collaboration with researchers from Okayama University and Institute of Science Tokyo. The research was also done jointly with Czech research institutions, namely Hop Research Institute Co. Ltd. and the Institute of Biophysics of the Czech Academy of Sciences. Other contributors include researchers from Iwate Biotechnology Research Center, Iwate University, Kazusa DNA Research Institute, National Institute of Genetics, University of Edinburgh, and University of Toyama (listed in alphabetical order). Research Background Many plant species are hermaphrodite, with bisexual flowers that have both male and female reproductive organs, stamens and pistils, and can produce seeds by itself. However, Humulus lupulus (hop) of the Cannabaceae family, essential for brewing beer, and its wild relative Humulus japonicus (common name: Japanese hop), are dioecious plants with flowers that have male and female reproductive organs in separate individuals, like humans. Therefore, a single plant cannot produce offspring on its own and requires both male and female flowers (Figure 1). Notably, only the female flowers of hops are used in beer brewing (Figure 2). Figure 1: Wild Hops (Dioecious Humulus lupulus var. cordifolius) Download Figure 2: (left) Female flowers of Humulus lupulus, hops used in beer brewing and (right) Female flowers of Humulus japonicus, a wild relative of hops Download Until now, it has been known that there is an X-A balance system in the sex determination of hops. While the sex-determining genes in the X-Y system, alike human sex-determination system, are located on the Y chromosome, the sex-determining genes of the X-A balance system are expected to be located on the X chromosome. Although the SIC-led research team previously revealed the draft genome including the almost complete DNA sequence of female hops in 2014*, the detailed mechanism underlying sex determination remained unresolved due to the limitations of the analysis technology at that time and the genome information available for only one sex. Research method In this research, the latest genome sequence techniques were used to determine the genome sequences of both a female (Saaz cultivar) and a male hop and to construct high-quality genome sequences assembled at the chromosome level. The research also revealed the genome of the male Humulus japonicus , a wild relative of hops. To identify sex-determining genes in the X-A balance system, the research group also conducted a detailed comparison of the X and Y chromosomes of both hops (Figures 3 and 4). Figure 3 (left) : Illustrated chromosome maps of hop (top) and human(bottom) Figure 4 (right) : Chromosomes of a male hop Download Research Findings By comparing the genome sequences of the X and Y chromosomes, the researchers identified a candidate gene similar to the ethylene receptor (EXER) in all the X chromosomes of dioecious plants of the Cannabaceae family (hop, H. japonicus , and Cannabis ) and found it to be critical for sex determination. The research demonstrated that expression of this EXER gene enhances the growth of female reproductive organs while compromising the growth of male reproductive organs. Conversely, suppression of this gene results in the formation of male reproductive organs. The contrasting results confirmed that the sex of hops and other dioecious plants in the Cannabaceae family is determined by EXER (Figure 5). Figure 5: EXER is the sex determinant for dioecious plants of Cannabaceae Download Future Application This study has elucidated the X-A balance system of sex determination in hops and its related dioecious plants, highlighting the further diversity of sex determination systems. Based on this research, it is expected that the development of hop varieties with superior aroma and tastes as well as growth characteristics, namely modern domesticated traits, will be accelerated. In addition, this research is expected to advance the understanding of sex systems in various organisms, beyond plants. Established in 2013, SIC conducts research in core technologies for Suntory Group. With a mission to create value for future customers through its research, SIC will continue to actively and boldly challenge itself to pursue new customer value and further excel in the natural sciences. Find out more about Suntory Global Innovation Center here . *Published in 2015 (Natsume et al . The Draft Genome of Hop ( Humulus lupulus ), an Essence for Brewing. Plant and Cell Physiology Volume 56, Issue 3, March 2015, Pages 428–441.) About Suntory Group As a global leader in the beverage industry, Suntory Group aims to inspire the brilliance of life, by creating rich experiences for people, in harmony with nature. Sustained by the gifts of nature and water, the Group offers a uniquely diverse portfolio of products, from award-winning Japanese whiskies Yamazaki and Hibiki, iconic American whiskies Jim Beam and Maker's Mark, canned ready-to-drink -196 (minus one-nine-six), The Premium Malt’s beer, Japanese wine Tomi, and the world-famous Château Lagrange. Its brand collection also includes non-alcoholic favorites Orangina, Lucozade, Oasis, BOSS coffee, Suntory Tennensui water, TEA+ Oolong Tea, and V energy drink, as well as popular health and wellness product Sesamin EX. Founded as a family-owned business in 1899 in Osaka, Japan, Suntory Group has grown into a global company operating throughout the Americas, Europe, Africa, Asia and Oceania, with an annual revenue (excluding excise taxes) of $20.3 billion in 2024. Its 41,357 employees worldwide draw upon the unique blend of Japanese artisanship and global tastes to explore new product categories and markets. For more information, visit www.suntory.com and Drink Smart . Download Wild Hops (Dioecious Humulus lupulus var. cordifolius) (left) Female flowers of Humulus lupulus, hops used in beer brewing and (right) Female flowers of Humulus japonicus, a wild relative of hops Illustrated chromosome maps of hop (top) and human(bottom) Chromosomes of a male hop EXER is the sex determinant for dioecious plants of Cannabaceae

June 20, 2025

Business

Bangkok Airways Crowned World’s Best Regional Airline and Best Regional Airline in Asia for the 9th Consecutive Year at SKYTRAX World Airline Awards 2025

Bangkok Airways Public Company Limited has once again brought pride to Thailand by receiving two prestigious global accolades, “World’s Best Regional Airline” and “Best Regional Airline in Asia” at the SKYTRAX World Airline Awards 2025. This marks the ninth consecutive year the airline has achieved both titles. The award ceremony was held at the Paris Air Show, at Le Bourget Airport in France. SKYTRAX World Airline Awards are often referred to as the “Oscars of the aviation industry” and are internationally recognized benchmarks of excellence. The 2025 rankings were determined from passenger satisfaction surveys conducted throughout the year, covering feedback on over 325 airlines worldwide. Winning at the SKYTRAX World Airline Awards once again reflects Bangkok Airways’ unwavering commitment to delivering an exceptional travel experience, built on its signature boutique airline concept. This includes complimentary lounges for all passengers, carefully curated in-flight and lounge meals, and an extensive route network connecting key cultural and tourist destinations across the region. Mr. Puttipong Prasarttong-Osoth, President of Bangkok Airways Public Company Limited , said, “These esteemed awards are a true reflection of the dedication and passion of our entire team. I extend my deepest appreciation to all our passengers for their continued trust and support, and for voting us World’s Best Regional Airline and Best Regional Airline in Asia once again. We remain fully committed to raising the bar in service excellence while advancing our sustainability journey through ongoing programs and initiatives.”

June 20, 2025

Business

Thai Union Reinforces 22 Years of Supporting Scholarships for Thai Journalists Association Families

Thai Union Group PCL., led by Ms. Punjaporn Koosamarth, Head of Corporate Communications, recently awarded 68 scholarships to children of Thai Journalists Association members for 2025. Now in its 22nd year as the program’s main sponsor, Thai Union remains committed to supporting educational opportunities, easing financial pressures, and empowering the next generation of media families to reach their full potential. The scholarship presentation ceremony was held at Major Cineplex Ratchayothin and attended by Ms. Narinee Ruangnu, President of the Thai Journalists Association.

June 20, 2025

Business

AirAsia unveils striking gold livery in celebration of 16th Skytrax win

AirAsia today proudly unveiled a striking gold aircraft livery in celebration of its 16th consecutive win as the World’s Best Low-Cost Airline at the recent 2025 Skytrax World Airline Awards. The Lowest Fares and Golden Hour Sale for 16 days* The exclusive golden aircraft, revealed during a special send-off ceremony at Kuala Lumpur International Airport Terminal 2 (KLIA T2), represents more than just a milestone, it is a bold tribute to the close to one billion guests who have placed their trust in AirAsia since 2001. This custom livery, themed ‘Still Winning, Still Gold’, symbolises the strength, durability and resilience of gold, a fitting tribute to the airline’s consecutive win. AirAsia’s red and white livery has long stood out in the skies. Now, with this golden edition, the airline marks a new chapter, one built on resilience, consistency, and world-class service that remains affordable for all. The cabin interior has also been enhanced with elegant gold accents to elevate the inflight experience. To commemorate this golden achievement, AirAsia has launched a special celebratory campaign, featuring great value fares daily along with a Golden Hour Sale from 4PM to 7PM, for 16 consecutive days. Travellers can snap up promotional fares* across the airline’s entire network including exciting destinations such as Johor Bahru, Kota Kinabalu, Da Lat, Krabi, Jaipur, and many more from today to 3 July 2025, for travel between 2 July 2025 and 31 March 2026 on the AirAsia MOVE app or airasia.com . *The promotional fares include passenger service charges, regulatory service charges, fuel surcharges, and other applicable fees. Valid for selected flights only. Promotion is only valid during initial flight booking via AirAsia MOVE, and is subject to availability. Golden Hour Sale applicable for selected destinations only. Other terms and conditions apply.

June 19, 2025

Business

JD.com Sets New Record for 618 Grand Promotion: Over 2.2 Billion Orders Placed, More Than 100% Year-on-Year Growth in Shoppers

JD.com announced that it achieved record-breaking results during the 2025 JD.com 618 Grand Promotion, the company’s anniversary and China’s largest mid-year shopping festival. As of 11:59 PM (UTC+8) on June 18, the number of purchasing users more than doubled year-on-year. Across JD.com’s online and offline retail, and food delivery businesses, total order volume surpassed 2.2 billion orders. At the same time, the JD.com app reached a new all-time high in daily active users (DAU). The company continued to lead the industry in both scale and growth of the electronics (3C) and home appliance categories, while apparel & beauty, and daily necessities posted the fastest growth in the industry. Orders from over one million offline stores saw robust growth. JD.com’s food delivery business is connected to over 1.5 million quality restaurants across 350 cities in China. Supported by a nationwide network of more than 120,000 riders, JD Food Delivery has seen its daily orders exceed 25 million during this year’s 618 promotion. On June 18, JD.com opened its first 7FRESH Gourmet MALL in Harbin, marking the debut of China’s first gourmet mall to feature full live-streaming of kitchen operations, offering customers peace of mind. JD MALL, the company’s flagship experiential retail format, is also rapidly expanding across the country, with a total of 24 locations. Millions of offline stores nationwide also joined the 618 Grand Promotion, providing consumers with a seamless omnichannel shopping experience. Over 3,000 JD Electronics stores saw their sales increase by more than 240% year-on-year. JD Auto Care service orders increased by 263% year-on-year. 7FRESH Gourmet MALL in Harbin Leveraging JD.com’s industry-leading automated logistics and global supply chain capabilities, the company’s European retail business now covers 25 countries through the ochama and Joybuy e-commerce platforms, with same-day and next-day delivery services available in multiple locations. Transaction volume of home appliances on ochama increased by 141% year-on-year on the first promotion day of the 618. JD Global Sales has also expanded its direct-shipping logistics service to 36 countries and regions, including Singapore, Japan, and South Korea. In addition, JD Worldwide, the import cross-border e-commerce business, saw sales of gaming consoles surge by over 110% year-on-year. During this year’s 618 promotion, JINGDONG Logistics (JD Logistics) achieved a new milestone by delivering fresh lychees from Guangdong’s Lingnan orchards to consumers in major Chinese cities within just 24 hours. This feat was made possible through a combination of air transport, high-speed rail connections, dedicated cold-chain routes, and expanded cold-storage networks. Advanced sorting equipment deployed at production sites ensured both speed and freshness. JINGDONG Logistics’ “Integrated Delivery & Installation” service achieved a year-on-year surge exceeding 300% in orders for large home appliances. Notably, On June 18, JINGDONG Logistics launched JoyExpress, its self-operated B2C express delivery service in Saudi Arabia, providing delivery as fast as same-day or next-day. JD couriers collectively traveled approximately 14.4 million kilometers every day during the event—a distance equivalent to circling the globe 360 times. New business models are driving transformative upgrades for local industries. JD Super, the supermarket division of JD.com, is now collaborating with more than 100 specialized agricultural belts nationwide, helping farmers to establish over 1 million mu (or approximately 66,667 hectares) of JD-certified production bases. These efforts not only boost sales of regional specialties like Lingnan lychees but also pass savings directly to consumers through streamlined farm-to-table pricing. On the technology front, JD Technology’s Digital Representatives powered over 17,000 brand live-streaming rooms. These AI virtual assistants went beyond merely handling overnight broadcasts; they actively engaged with audiences across multiple time slots, gaining widespread popularity. Crucially, the technology lowered the barriers to entry for smaller businesses, enabling even modestly resourced merchants to easily adopt and benefit from 24/7 interactive sales channels. Meanwhile, JD Cloud’s JoyBuild, a large language model-development platform powering the festival’s technical backbone, saw its API calls surge by 212% compared to the same period last year. The success of JD.com’s 618 promotion demonstrates how innovation and consumer needs drive each other. By strengthening every link in our supply chain—from farmers’ fields to AI systems to delivery networks—we create shared benefits. Whether customers shop through their screens or at offline stores, JD.com delivers consistent high quality, great value, and premium service. ( [email protected] )

June 19, 2025

Business

NX Australia opens NX Kemps Creek warehouse in western Sydney

Nippon Express (Australia) Pty Ltd (President: Fumiya Adachi), a group company of NIPPON EXPRESS HOLDINGS, INC. (President: Satoshi Horikiri), opened the NX Kemps Creek warehouse on Monday, May 12 in The YARDS, an industrial estate in Kemps Creek, New South Wales. This new business location mainly handleshigh-tech products and consumer goods, and is characterized by a design with excellent environmental performance. (Exterior view of warehouse) (Interior view of warehouse) （Entrance） ■ Strategic location: The YARDS industrial estate The new warehouse is situated in The YARDS, a new large-scale industrial estate developed in Kemps Creek, Western Sydney that covers a total area of 77 hectares and houses more than 14 state-of-the-art facilities. The estate serves as a major transport junction with excellent access to multiple highways and close proximity to the Western Sydney International Airport scheduled to open in 2026. As such, it is expected to develop into a new industrial hub in Western Sydney. Designed with the local community and environment in mind, this is the first industrial estate in Australia to receive the "6 Star Green Star Communities(*)" certification in recognition of the high level to which it integrates sustainability and community needs based on an environmentally-conscious design philosophy. ■ Main features of the NX Kemps Creek warehouse The new NX Kemps Creek warehouse opened by NX Australia covers a total area of around 17,000 square meters and is equipped with the latest logistics systems. High storage efficiency: The warehouse is equipped with a high-rise rack system and a ceiling height of up to 14.6 meters, maximizing the use of space and achieving efficient product storage. Wide-ranging logistics services: In addition to basic warehousing operations such as receiving, shipping, picking, and packing, the facility can also flexibly handle distribution processing operations such as kitting (product assembly and set-up) and attaching price tags to meet the diverse needs of customers. Principal goods handled and future plans: The warehouse will mainly handle high-tech products and consumer goods. In the future, the services offered will be expanded to include the introduction of temperature-control functions for handling pharmaceuticals, in order to meet a wider range of product needs. In operating this NX Kemps Creek warehouse, the NX Group will further bolster its logistics functions in Australia and help customers optimize their global supply chains and business growth. ■ Profile of new warehouse *: Part of the sustainability rating system provided by the Green Building Council of Australia (GBCA), that uses five criteria: governance, quality of life, economic prosperity, environment, and innovation

June 19, 2025

Business

Seatrium Signs Letter of Intent with Solvang ASA for Carbon Capture and Storage (CCS) Installation and Retrofitting

Seatrium Limited (“Seatrium” or “the Group”) is pleased to announce the signing of a Letter of Intent (LOI) with long-term strategic Favoured Customer Contract (FCC) partner Solvang ASA, Norway, for installation and retrofitting of full-scale Carbon Capture and Storage (CCS) systems. The milestone Letter of Intent was formalised during Nor-Shipping 2025 in Oslo, reinforcing the companies’ shared commitment to sustainable maritime solutions. This enhanced collaboration further supports Solvang ASA in their fleet decarbonisation following the successful delivery of Clipper Eris in February 2025 – the world’s first full-scale turnkey retrofit of a 7MW CCS system. The Clipper Eris project saw Seatrium provided turnkey Engineering, Procurement, and Construction (EPC) solutions for the CCS package. Solvang's new series of Very Large Gas Carriers (VLGCs), configured specifically for Carbon Capture and Storage (CCS), is set to be the first potential candidate for a full-scale CCS retrofit and integration; with project commencement expected to begin in late 2026. This is a landmark project that will further strengthen the decade-long partnership between Seatrium and Solvang ASA. Mr Alvin Gan, Executive Vice President of Seatrium Repairs and Upgrades, said, “This partnership demonstrates our commitment to advance sustainable solutions in the maritime decarbonisation journey. Building on the success of the pioneer project together on Clipper Eris, we are honoured by Solvang’s trust in Seatrium to take the next step in their critical CCS programme. This remarkable step will deepen our resolve as strategic partners in supporting maritime decarbonisation efforts.” Mr Tor Ask, Fleet Director of Solvang ASA, commented, “We are pleased to extend our successful partnership with Seatrium through this CCS initiative for our newbuildings. Seatrium’s proven capabilities, demonstrated by the Clipper Eris retrofit, give us full confidence that this collaboration will bring tremendous value. Both organisations are aligned in delivering greener, energy-efficient maritime solutions for a lower-carbon future.” Leveraging its deep expertise in engineering, Seatrium has built a strong track record in providing green technologies for the maritime industry. Since 2015, we have delivered over 584 sustainability-linked solutions, including low carbon, energy saving retrofits and environmental regulatory works. With a focus on maritime decarbonisation, Seatrium is wellpositioned to provide its customers with a range of low carbon and cleaner energy solutions to support a sustainable future. -END- From left: Mr Alvin Gan, Executive Vice President, Seatrium Repairs and Upgrades, and Mr Tor Øyvind Ask, Fleet Director, Solvang ASA Seatrium proudly delivered Clipper Eris, the world's first full-scale retrofit of a 7MW Carbon Capture & Storage system for Solvang ASA earlier in February this year About Solvang ASA Solvang aims to be an industry-leading provider of LPG and petrochemical tonnage to our clients in the safest, cleanest and most cost-efficient manner. From very modest beginnings, Solvang ASA has evolved into one of the world’s leading transporters of LPG and petrochemicals. The company has its headquarters in Stavanger, with offices in Oslo and the Philippines. Solvang has a fleet of modern and efficient vessels, all built in accordance with the most upto-date specifications and fitted with new and efficient technology. Current fleet stands at 22 LPG carriers and 7 newbuildings for delivery by 2026-2027. Perhaps of greater importance than the modern technology is the way in which the vessels are operated and the people on board. Good seamanship represents the very core of our business, and we place a firm focus on this area in the form of education, attitudes and training. On every single sailing, we are required to demonstrate our experience and expertise. Our strength lies in reliable, high-quality deliveries. It is our commitment to maintain a steady course towards the future, and at the same time make good use of the experience we have gained. About Seatrium Limited Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation. As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators. Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States. Discover more at www.seatrium.com For more information, please contact: Mr Winston Cheng Head, Investor Relations and Corporate Communications Tel No: +65 68637367 Email: [email protected] Ms Clarissa Ho Senior Manager, Investor Relations and Corporate Communications Tel No: +65 68030276 Email: [email protected]

June 19, 2025

Business

JINGDONG Logistics’ JoyExpress Makes Debut in Saudi Arabia, Enabling Delivery as Early as the Same or Next day

JINGDONG Logistics (also known as JD Logistics) launches JoyExpress, its self-operated B2C express delivery service in Saudi Arabia. Covering most regions, JoyExpress provides customers with high-quality doorstep delivery options, including cash-on-delivery, and delivery as fast as same-day or next-day, all fulfilled by its team of uniformed in-house couriers. Through its self-operated model, JoyExpress delivers reliable last-mile services while contributing to local job creation and the continued development of Saudi Arabia’s logistics sector. In Saudi Arabia, JINGDONG Logistics is establishing a network of warehouses, transfer and sorting centers, and a growing number of delivery stations. It is building a professional local team that includes in-house couriers, drivers, warehouse staff and customer service personnel. In addition to express delivery, the company also offers enterprise clients seamless and efficient end-to-end supply chain logistics solutions. JoyExpress will offer a suite of additional value-added services, including address changes, temporary return storage, scheduled deliveries, reverse pickups, and insurance coverage. It will also support cross-border shipping, customs clearance, and local transportation, offering a fully integrated solution for international and domestic commerce. JINGDONG Logistics is the logistics arm of China’s largest retailer JD.com. As one of the world’s leading technology-driven supply chain solutions and logistics services providers, JINGDONG Logistics is widely recognized for its self-built warehousing and delivery network. In China, the company operates more than 3,600 warehouses, 19,000 delivery stations and service outlets, and employs nearly 510,000 front-line operational employees, serving more than 600 million consumers and business clients. Saudi Arabia’s Courier, Express, and Parcel (CEP) market is growing rapidly, driven by a digitally savvy population and the continued rise of e-commerce. The market size is expected to expand at a CAGR of 6.48% from 2025 to 2030, with the B2C segment already accounting for 56% of the market value in 2024 according to Mordor Intelligence. “JINGDONG Logistics’ investment in Saudi Arabia aligns with our national vision to become a global logistics hub,” said Mr. Rayan Albakri, Deputy Minister for Logistics Services at Saudi Arabia’s Ministry of Transport and Logistics Services . “We welcome the company’s advanced self-operated express delivery services, which we believe will not only elevate service standards in the Kingdom but also create new opportunities for employment, innovation, and industry development in support of Vision 2030.” “The launch of JoyExpress marks a key milestone in JD.com’s international journey and business development in Saudi Arabia. JINGDONG Logistics will provide leading edge services to our customers in KSA and importantly align with Saudi Arabia’s Vision 2030 strategy with its focus on Logistics and Job Creation,” said Charlie Peng, Head of Middle East at JINGDONG Logistics . “We look forward to expanding JoyExpress across the Kingdom, bringing our industry-leading large-item delivery and installation capabilities to the market, while continuously enhancing our sector-specific supply chain logistics capabilities in areas such as apparel, electronics, and fresh goods.” With the launch of JoyExpress, JINGDONG Logistics has now established a fully self-operated logistics chain in the Middle East, encompassing warehousing, transport, and last-mile delivery. Moving forward, the company will continue to scale its global warehousing network, expand international flight routes, and enhance multimodal transportation capabilities to better serve customers and partners across the region. Media contact: [email protected] About JINGDONG Logistics JINGDONG Logistics (HKEX: 2618), also known as JD Logistics, is a leading technology-driven supply chain solutions and logistics services provider. JINGDONG Logistics has established six highly synergized logistics networks including warehousing, line-haul transportation, last-mile delivery network, bulky items, cold chain logistics, and cross-border logistics networks. As of December 31, 2024, including cloud warehouses operated by third parties, JINGDONG Logistics manages over 3,600 warehouses, with a total area exceeding 32 million square meters. Its comprehensive service coverage spans nearly all regions, towns, and populations across China. JINGDONG Logistics has strategically built a Global Smart Supply Chain Network, featuring highly automated warehousing systems and reliable international transportation solutions. The company currently operates over 100 bonded, direct mail and overseas warehouses, with a total GFA exceeding 1 million square meters, spanning 19 countries and regions worldwide. “JoyLogistics” and “JoyExpress” are JINGDONG Logistics’ international business brands. About JD.com, Inc. JD.com, Inc. (NASDAQ: JD and HKEX: 9618), also known as JINGDONG, is a leading e-commerce company transferring to be a technology and service enterprise with supply chain at its core. JD.com, Inc.’s business has expanded across retail, technology, logistics, health, property development, industrials, private label, insurance and international business. Ranked 47 on the Fortune Global 500, JD.com, Inc. is China’s largest retailer by revenue. ( [email protected] )

June 19, 2025

Gadgets

Fujifilm Launches FUJIFILM PROJECTOR ZUH6000

FUJIFILM Corporation announces the launch of the “FUJIFILM PROJECTOR ZUH6000” (FP-ZUH6000), an ultra-short-throw projector capable of projecting 4K images and equipped with the industry's only*1 “folded two-axial rotatable lens.” The FP-ZUH6000 will be available late June 2025. The FP-ZUH6000 is capable of projecting high-definition 4K images thanks to the latest DLP®*2 chip installed in the image processing unit. Furthermore, by enhancing Fujifilm’s unique optical engine, the FP-ZUH6000 achieves color reproduction that is approximately 1.5 times better than that of the current model*3, as well as smoother gradation expression. In addition, the FP-ZUH6000 is the first projector to feature “Film Simulation”*4, which delivers the rich color tones highly regarded by users of the X Series and GFX Series digital cameras. The FP-ZUH6000 offers three “Film Simulation” modes*5, allowing for the projection of images with dynamic tonal expression and subtle color reproduction reminiscent of film, thereby expanding possibilities in spatial design. Additionally, the unique “folded two-axial rotatable lens” enables multi-directional image projection simply by rotating the lens, making it possible to project large screen images from very short distances. This flexibility makes it ideal for creating immersive spaces regardless of the installation environment. FP-ZUH6000 in black FP-ZUH6000 in white These days, projectors are being used more and more for spatial design in commercial facilities, art galleries, museums, and other venues. In particular, there is a rapidly growing need to create immersive spaces by arranging multiple projectors in a single space and combining them to project 360-degree images. In spatial design using multiple projectors, there is a need for higher image quality in the projected images as well as for greater efficiency in image adjustment. In 2019, Fujifilm launched the Z Series projectors, which were the world's first to feature a “folded two-axial rotatable lens”. Since then, Fujifilm has expanded its lineup with the launch of the FUJIFILM PROJECTOR Z8000, which has a high luminance of 8000lm, in 2021, and the FUJIFILM PROJECTOR Z6000, which has a high luminance of 6000lm, in 2022. The Z Series has been highly praised by customers for its exceptional installation flexibility and its impressive range of spatial effects. It has the capability to project images in multiple directions and from very close distances, enabling the creation of large, immersive visuals in various locations. The FP-ZUH6000 is the first projector in the Z Series to support 4K high-definition projection, and it is a projector that effectively creates immersive spaces with its excellent color reproduction and smooth gradation expression. In addition to providing vivid images with a brightness of 6000lm using the latest laser light source technology, it has also been designed to be lightweight (approx. 17.5kg) and compact (486mm wide, 496mm deep, 175mm high). It also comes with a lens shift function that offers the highest level of performance in its class*6, with 82% vertical and 35% horizontal shift. This allows the position of the projected image to be moved over a wide area without changing the position of the projector itself or the direction of the lens, contributing to more efficient image adjustment work. Fujifilm will continue to respond to diverse needs and expand the possibilities of spatial production through the development and provision of projectors that offer high installation flexibility, making the most of its unique optical technology. “FP-ZUH6000” display example (InfoComm China 2025) 4K high-definition image projection creating an immersive space. By concealing the projector unit inside the ceiling, it is possible to create a more immersive space. *1 In the projector industry. As of June 18, 2025. Based on Fujifilm’s research. *2 DLP is a registered trademark of Texas Instruments. *3 Compared with Fujifilm’s projector, the FUJIFILM PROJECTOR Z6000. Based on color ratio measurements (CLO) measured by Fujifilm. *4 A digital camera shooting function that enables the color reproduction and gradation expression of Fujifilm’s film products. *5 Three projection modes are designed to reproduce the colors of PROVIA and Velvia photographic films as well as ETERNA motion picture film. *6 As an ultra-short-throw projector (TR value of 0.4 or less) that is equipped with a laser light source and can project 4K-equivalent images with a brightness of 6000lm or more. As of June 18, 2025. According to Fujifilm’s research. The TR (Throw Ratio) value is calculated by dividing the projection distance by the screen width. The smaller the TR value, the closer the projector can be placed to the screen to project a larger image. 1. Names of the product and color variations 2. Main features of FP-ZUH6000 (1) Capable of projecting high-definition 4K images with excellent color reproduction For the first time in the Z Series, the FP-ZUH6000 is compatible with high-definition 4K (screen resolution 3840 x 2160) image projection. By evolving Fujifilm’s unique optical engine, the FP-ZUH6000 achieves excellent color reproduction and smooth gradation expression. Compared to current models, it is capable of approximately 1.5 times better color reproduction, and in particular, red color reproduction has been improved by 2 times compared to current models. (2) New film color reproduction mode added to picture settings Built on a film manufacturer's dedication to color, a “Film Simulation” mode has been added to the picture settings*7, enabling adjustment of brightness, contrast, and other aspects of the projected image. The three Film Simulation modes—PROVIA, offering standard color reproduction and tonal gradation suitable for a wide range of scenes; Velvia, featuring high-saturation color reproduction and dynamic tonal expression; and ETERNA, delivering the rich, subdued color reproduction reminiscent of motion picture film—make it possible to achieve desired projection effects for various creative applications. (3) Bright 6000lm images and a lightweight, compact design The latest laser light source is used to project bright 6000lm images. The lightweight (approx. 17.5kg) and compact design (486mm wide, 496mm deep, 175mm high*8) contributes to reducing the burden of installation and transportation. (4) Equipped with a “folded two-axial rotatable lens” to enable flexible spatial production, regardless of the location Equipped with the industry's only “folded two-axial rotatable lens”, the lens can be rotated 90 degrees around the mounting axis and 360 degrees around the lens axis. By allowing projection in various directions without repositioning the main unit, users can effortlessly display images on walls, screens, ceilings, and floors. Its flexible installation options enable users to select the best method for their specific environment, making it possible to utilize previously unused spaces and create a more dramatic atmosphere. Users can also conceal the projector body, leaving only the lens exposed, to create a more immersive space. The lens can be tilted 90 degrees from the lens mount axis and rotated 360 degrees on the lens axis. (5) 100-inch large screen projection from a close distance of 75cm The ultra-short focus lens with a TR value of 0.34 enables projection of a 100-inch large screen image from a close distance of 75 cm. This greatly reduces the dead space between the projector body and the projection surface, allowing for maximum use of space. (6) Equipped with a lens shift function with a maximum*6 of 82% vertical and 35% horizontal shift Equipped with a large-diameter aspherical lens, the new projector boasts a top-class wide lens shift function of 82% vertically and 35% horizontally. This enables users to adjust the position of the projected image over a broad range without moving the projector or altering the direction of the lens. Additionally, the 1.1x optical zoom mechanism allows for easy adjustment of the image size. Combined with the lens shift function, this feature facilitates efficient image positioning. Lens Shift function capable of 82% vertically and 35% horizontally. 1.1x optical zoom capability for easily adjusting the size of projected images. *7 Picture settings reflect the color settings preset for each mode of the input image. Depending on the input image, some settings may not be reflected. *8 Dimensions of the main body, excluding protruded sections and height adjustment leg, with the lens folded in. Download Documents for Projector FP-ZUH6000 Download page Product Images Download All ZIP: 38.7MB Contact Contact FUJIFILM Holdings Corporation Corporate Communications Division, Public Relations Group +81-3-6271-2000 Customer Contact Please contact your nearest Fujifilm office. For information on Fujifilm subsidiaries and distributors, please access the following website. Fujifilm Global Website * Please note that the contents including the product availability, specification, prices and contacts in this website are current as of the date of the press announcement and may be subject to change without prior notice.

June 18, 2025

Business

Enterprise Singapore and CapitaLand Investment launch inaugural Retail Maverick Challenge to foster innovative retail concepts in Singapore

Enterprise Singapore (EnterpriseSG) and CapitaLand Investment (CLI), a global real asset manager, have launched the inaugural Retail Maverick Challenge – an open competition inviting local retail brands to showcase their most innovative store concepts. Through this initiative, EnterpriseSG and CLI seek to build a more innovative and immersive shopping environment for both retailers and consumers, and strengthen Singapore’s position as a vibrant retail and lifestyle destination. This industry initiative aims to identify local retail brands with: Compelling solutions capable of meeting and growing consumer demand for their target segment(s); Innovative, experiential concepts that can elevate consumer engagement through immersive experiences; and Store concepts that optimise space and manpower resources through the adoption of technology to achieve cost and operational efficiencies. The challenge will select up to three winning concepts, underscoring the commitment to recognise and support a broader range of innovative and outstanding ideas. Winners will get the opportunity to access up to one year of retail space1 in one of CapitaLand’s malls2, of up to 4,000 square feet to pilot and showcase their innovative concepts. Winners will also receive EnterpriseSG’s support for pilot implementation, of up to 50% support capped at S$300,000 for supportable costs3. In addition, winners will benefit from promotional support through CLI’s marketing channels and gain access to collaboration opportunities with EnterpriseSG and CLI’s extensive network of industry partners and experts. Amid global retail trends of evolving consumer preferences and competition from ecommerce, Singapore’s retail sector has similarly experienced uneven growth over the past few years. Local retailers are facing increasing challenges such as building brand awareness4 and rising business costs. To tackle these challenges, local retailers must enhance brand management and elevate the in-store shopping experience to provide consumers with a more personalised and immersive omnichannel experience. The emphasis on rejuvenating the local retail scene and transforming mall offerings is part of the Government’s effort to enhance the vibrancy of Singapore’s retail sector and contribute to Singapore’s broader economic growth. The Retail Maverick Challenge aims to unlock these new growth opportunities and redefine traditional retail models as part of EnterpriseSG’s broader strategy to drive industry transformation. Ms Jeannie Lim, EnterpriseSG’s Assistant Managing Director (Services and Growth Enterprises), said: “Enterprise Singapore’s partnership with CapitaLand Investment comes amid a fast-changing retail scene where consumer behaviour is rapidly evolving and digital transformation is reshaping the industry. Consumers seek fresh experiences as well as deeper connections with brands. The Retail Maverick Challenge offers an opportunity to uncover innovative and promising retail concepts that meet such needs. EnterpriseSG aims to collaborate with more key partners like CLI, so that Singapore continues to be a vibrant lifestyle hub, characterised by a variety of experiential retail concepts.” Ms Tan Mui Neo, Managing Director, Retail Management, Commercial Management (Singapore), CLI said: “We are excited to partner with Enterprise Singapore on this initiative, to encourage Singaporeans to come up with new ideas. Retail is fascinating because everyone has the experience of being a shopper, and we believe there are many great ideas out there that just need the right support to flourish. The Retail Maverick Challenge is designed to uncover hidden concepts that can brighten up the local retail and lifestyle landscape. Together with Enterprise Singapore, we hope to help unearth these ideas and incubate them. The criteria are intentionally open, so that we can drop preconceived notions of what can or cannot work. We look forward to the interesting Maverick ideas that we expect to blossom from this initiative and hope to work with all partners to contribute to a vibrant Singapore retail ecosystem.” This latest initiative comes on the back of a series of experiential concepts supported by EnterpriseSG to rejuvenate the lifestyle sector and elevate the retail experience for consumers. For example, the agency supported local retailers FairPrice Group, MORNING, and Wine Portal Holding (Vivino) on the development of their first experiential concept stores in Singapore. Following the opening of these stores, they have seen growth in their revenue, customer reach and/or footfall. (Refer to Annex for more details) Applications for the Retail Maverick Challenge will open from 18 June 2025 – 4 August 2025. Interested companies can find out more information about the challenge and sign up at https://open.innovation-challenge.sg/en/challenges/rmc-2025 . Footnotes: 1. As part of its commitment to nurture innovative retail concepts, CLI will provide rental waivers for the designated retail spaces. 2. Locations such as Plaza Singapura, Funan, and CQ @ Clarke Quay are among those included. 3. The support is subject to further assessment based on the proposed proof-of-concept and key performance indicators. The grant can be used for various cost categories, including but not limited to hardware, software and integration costs for innovative technologies; innovation/experiential-focused store fit-out elements and manpower; and PR marketing costs. 4. Source: Survey conducted at the National Retail Federation’s 2024 Retail’s Big Show Asia Pacific.

June 18, 2025

Business

AirAsia triumphs as the World’s Best Low-Cost Airline for 16th consecutive year at Skytrax 2025

AirAsia has been named the World’s Best Low-Cost Airline at the Skytrax World Airline Awards 2025, reaffirming for the 16th year running its legacy as the global gold standard in low-cost travel. This achievement reflects AirAsia’s unmatched reach across Asean and beyond, underpinned by a vast network connecting over 130 destinations, affordable fares, and a strong commitment to operational excellence. AirAsia continues to redefine connectivity, making travel accessible, affordable, and seamlessly integrated across Asia leveraging its multi-hub strategy across Malaysia, Thailand, Indonesia, the Philippines and Cambodia. In accepting the award at a ceremony at the Paris Air Show 2025 in France on Tuesday, Datuk Kamarudin Meranun, Chairman of Capital A and Co-Founder of AirAsia said: “Sixteen years on, this recognition remains just as meaningful as ever. We started with a simple dream to make flying affordable for everyone. To be recognised for the 16th time reaffirms that we have stayed true to that mission and continue to soar high in the minds of the many millions of passengers who choose to fly with us each year. While this award is truly another fantastic achievement, we never rest on our laurels and it inspires us to go even further.” Tony Fernandes, CEO of Capital A and Co-Founder of AirAsia said: “This is a deeply emotional win for me. From flying just 200,000 guests in our first year to aiming to welcome our one billionth guest this year, this journey has been made possible by the unwavering support of our guests, and the tireless dedication of our incredible Allstars. Every challenge we have faced, every comeback we have made, was made possible by their trust and effort. We thank the Skytrax team for recognising our work, and I would like to share the award with my Allstars - it belongs to them. Thank you for believing in the dream.” Edward Plaisted, CEO of Skytrax said: “We congratulate AirAsia on this fabulous achievement at the 2025 World Airline Awards. This success for a record sixteenth time is a clear reflection of their dedication to providing quality, affordable travel options to customers. This is a most competitive and fast growing market for low cost airlines, and this award demonstrates AirAsia success.” The award also serves as a testament to the airline’s contribution to connecting both primary and underserved secondary and tertiary cities. This model has enabled the launch of unique and strategic routes such as Kuala Lumpur-Labuan Bajo, Bangkok-Narathiwat, Manila-Tagbilaran, Jakarta-Silangit, and others expanding access to emerging travel corridors and tourism growth areas. Looking ahead, the airline is set to deepen its connectivity across Central Asia and the Middle East, marking a significant step forward in its ambition to become the first truly global low-cost network carrier. At the same time, AirAsia’s continued emphasis on guest experience sets it apart. Having flown close to one billion guests, the airline maintains high levels of customer loyalty and brand advocacy across its key markets. Ranked as the 24th most valuable airline brand globally with a value of USD1.93 billion, AirAsia reflects both strong regional roots and global appeal. The Skytrax World Airline Awards is one of the most prestigious accolades in the global aviation industry. The online survey operated from September 2024 to May 2025, and more than 100 customer nationalities participated, with 22.3 million eligible entries counted in the results. Over 325 airlines were featured in the survey results. All costs of the Survey and Awards event are borne by Skytrax, and airlines do not pay any entry or registration fee.

June 18, 2025

Business

Cathay Pacific named among the world’s top three best airlines, and wins world’s best Economy class and inflight entertainment in annual Skytrax awards

Cathay Pacific is proud to have been recognised as one of the world’s top three best airlines in the prestigious 2025 Skytrax World Airline Awards. In addition to securing this esteemed ranking, the airline has achieved two remarkable accolades: being named World’s Best Economy Class Airline for the second consecutive year and winning World’s Best Inflight Entertainment for the second time in three years. Chief Executive Officer Ronald Lam said: "Being voted among the top three best airlines in the world, up two places from last year, and the world’s best for Economy class and inflight entertainment again is extremely encouraging. These accolades underscore our unwavering commitment to delivering exceptional service and enhancing the customer experience across every part of their journey. “We are grateful for the incredible support of our customers, and the dedication of our people across Cathay. These awards will inspire and motivate us to keep raising the bar as we strive to become one of the world’s greatest service brands.” Chief Customer and Commercial Officer Lavinia Lau was at the Skytrax World Airline Awards in Paris representing Cathay Pacific to accept the awards. The Cathay Group is investing over HK$100 billion to elevate the customer experience and strengthen Hong Kong’s international aviation hub status. This includes investments in state-of-the-art aircraft, new cabins and lounges, and digital innovation. Over the past year, Cathay Pacific has continued to elevate the experience for its customers, most notably the introduction of its new Aria Suite Business class, new Premium Economy and refreshed Economy cabins onboard its Boeing 777-300ER aircraft in October last year. Customers can currently experience these new cabins on selected flights between Hong Kong and London, Sydney and Vancouver, with more routes being progressively added. Cathay Pacific has also partnered with Michelin-starred restaurants to create curated menus on selected flights departing Hong Kong. This includes reimagined French classics from Louise and Cantonese fine dining from Duddell’s in First and Business, and refined Cantonese classics with Yat Tung Heen in Premium Economy and Economy. In April this year, the airline introduced its new “Chinese Classics” inflight dining options, complementing its existing “Hong Kong Flavours” and “International Favourites” offerings. Showcasing China’s rich culinary heritage, these new “Chinese Classics” are being progressively rolled out in Business class, debuting on selected flights from Hong Kong to the Chinese Mainland. Meanwhile, Cathay Pacific will be one of the few airlines globally to offer 100% seatback inflight entertainment and Wi-Fi connectivity in every cabin on every aircraft from August this year. The airline’s new, state-of-the-art inflight entertainment system has received numerous prestigious design awards for its thoughtful and human-centric design, underpinned by innovation, customer comfort and an intuitive graphical user interface. Cathay Pacific was also the first airline in the world to introduce 4K and 4K HDR10 content, offering a broader colour range inflight to create a more immersive, enjoyable and intuitive viewing experience. Offering the largest inflight entertainment library in Asia-Pacific, Cathay Pacific selects new titles every month ensuring that customers have access to the best entertainment options each time they fly – from Hollywood new releases, exclusive Asian cinema, Paramount+, iQiyi drama and award-winning TV box sets, to the latest albums, podcasts, games, selected Disney+ Original titles, and original Cathay productions. On the ground, Cathay Pacific is undergoing an extensive lounge enhancement plan in Hong Kong and beyond. Last month, the airline redesigned and reopened its lounge The Bridge at Hong Kong International Airport. Cathay Pacific will be opening new flagship lounges in Hong Kong, Beijing and, for the first time, New York in the coming years. For more information on Cathay Pacific, please visit www.cathaypacific.com .

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