PM Edition: Top 10 Business Articles on LiveNews.co.nz for July 18, 2026 – Full Text

Source: New Zealand Government

New Zealand and Switzerland have today agreed to establish a Trade and Investment Dialogue to explore an agreement on trade, economic security, e-commerce, investment and sustainability, says Trade and Investment Minister Todd McClay.

The announcement was made following a meeting between Minister McClay and Swiss State Secretary for Economic Affairs Helene Budliger Artieda, in the margins of the Future of Investment and Trade (FIT) Partnership Ministerial Meeting in Auckland. 

“Switzerland is an important partner for New Zealand and one of the world’s most innovative and advanced economies,” Mr McClay says. “Establishing a Trade and Investment Dialogue will lead to closer economic cooperation and enhanced collaboration, through bilateral trade and international forums like the World Trade Organization, the OECD and the FIT Partnership.

“At a time of growing global economic uncertainty, it is more important than ever that like-minded countries work together to strengthen trade and investment.”

Two-way trade between New Zealand and Switzerland was worth NZ$1.88 billion in the year ending December 2025. New Zealand exports to Switzerland were NZ$429 million, comprising NZ$100 million in goods and NZ$324 million in services. Key exports included travel services, meat and edible offal, and hides and skins.

New Zealand imports from Switzerland were NZ$1.45 billion, comprising NZ$624 million in goods and NZ$825 million in services. Key imports included transportation services, pharmaceuticals, clocks and watches, insurance and pension services, and charges for the use of intellectual property.

Officials will hold their first meeting in September. 

Original source: https://nz.mil-osi.com/2026/07/17/new-zealand-and-switzerland-agree-trade-discussions/

Source: Media Outreach

As Malaysia gears up for Visit Malaysia 2026 and Visit Johor 2026, Forest City expects heightened regional interest in eco and golf tourism

– Published and distributed with permission of Media-Outreach.com.

MIL OSI

Source: Media Outreach

HANGZHOU, CHINA – Media OutReach Newswire – 17 July 2026 – Several footwear manufacturers in Vietnam have entered into strategic partnerships with Hangzhou Yingshen Intelligent Technology Co., Ltd. (Yingshen Intelligence), a Chinese artificial intelligence company specialising in 4D world models and embodied intelligence.

Under the agreements, Yingshen Intelligence will export hundreds of flexible embodied robots to footwear factories in Vietnam, with the combined order value reaching tens of millions of yuan. Powered by the company’s proprietary 4D world-model technology, embodied intelligence algorithms and robotic systems, the products will be used to support the flexible and intelligent upgrading of footwear production lines.

Notably, Yingshen Intelligence’s export of embodied robots to Vietnam also points to an emerging shift in the commercialisation of Chinese advanced technologies.

Unlike conventional robotics companies that rely primarily on one-off hardware sales, Yingshen Intelligence regards the robot itself as the physical platform through which its world model operates in real production environments. The product’s core value therefore lies not only in the hardware, but also in the model’s ability to perceive its surroundings, understand manufacturing processes, make real-time decisions and continuously improve through operational data.

Under this model, customers receive more than robotic equipment. They also gain access to ongoing model inference, algorithm updates and scenario-specific optimisation services. In effect, the business model is evolving from simply selling robots to providing model capabilities and usage-based, token-powered services.

Industry observers said this model-led approach, with robots serving as the physical carriers of algorithms and computing capabilities, could create greater long-term service value for embodied intelligence products and offer a new pathway for Chinese technological solutions to expand into overseas markets.

The participating manufacturers include Power Loong(Công Ty Tnhh Giày Bảo Long) , Thuan Phi(Công Ty Tnhh Giày Thuận Phi) and Vietnam Garment（CÔNG TY TNHH MAY VIỆT NAM）, which plan to deploy Yingshen Intelligence’s robotic products and algorithmic capabilities at their footwear factories in Hai Phong.

Wu Xuewei, Vice-President of Yingshen Intelligence; Mao Zhenwu, General Manager of Thuan Phi; Lin Yonghui, General Manager of Power Loong; and Chen Zhixian, General Manager of Vietnam Garment signed the agreements on behalf of the four companies.

4D World Model Advances Flexible Manufacturing Applications for Chinese Embodied Intelligence

The flexible embodied robots being exported to Vietnam are powered by Yingshen Intelligence’s latest 4D world model.

World models are widely regarded as an important technological pathway towards general-purpose physical intelligence. They are designed to help artificial intelligence understand spatial relationships, object states and dynamic changes in the real world, while predicting the possible outcomes of different actions. In this way, AI systems can gradually learn how the physical world operates.

For embodied robots, this capability enables continuous environmental perception and real-time decision-making during operation. On footwear production lines, for example, the robots can identify differences in shoe styles, sizes, material conditions and adhesive states, and adjust their motion trajectories and operating strategies in response to actual production conditions.

Unlike conventional automation systems that repeatedly execute predefined programmes, world-model-powered robots are designed to respond more flexibly to changing environments. Their operating process more closely resembles that of skilled workers, who assess conditions on site and adjust their actions accordingly.

Yingshen Intelligence attributes this adaptability to its native 4D technological approach.

The company collects and generates 4D data at scale, representing both the three-dimensional structure of objects and their continuous changes over time within a unified framework. The data is then used to train world models with spatiotemporal understanding, reasoning and prediction capabilities.

Compared with approaches that rely mainly on two-dimensional images, videos or static three-dimensional data, 4D data can more comprehensively capture the positions, shapes, movement trajectories and interaction processes of objects in real environments.

Two-dimensional images and videos can record visual changes, but provide relatively limited information about spatial structure. Static three-dimensional data can reconstruct spatial relationships, but cannot fully describe how objects and environments evolve over time. By combining three-dimensional space with continuous temporal changes, 4D data provides a richer foundation for models to learn physical processes.

“Language is the native language of humans, while the native language of machines exists in the three-dimensional physical world,” said Min Wei, founder of Yingshen Intelligence.

According to Min, language, images and videos are all compressed representations of the real world. When physical reality is reduced to lower-dimensional forms, some information is inevitably lost, potentially limiting a model’s ability to understand and predict complex physical interactions.

Real-world interactions involve not only the shape, position and movement of objects, but also contact, force, friction and material deformation. These processes can be more completely observed and modelled when three-dimensional spatial information is combined with continuous changes over time.

A unified spatiotemporal representation based on 4D data can therefore help models learn the relationships among actions, environments and outcomes, and predict how the state of an object may change at the next moment.

Supported by this technological approach, Yingshen Intelligence’s robots can adjust their motion trajectories and operating strategies when faced with material deformation, deviations in incoming components, or changes in shoe styles, sizes and production processes.

These capabilities have enabled the company’s flexible embodied robots to move beyond laboratory testing and enter real footwear production lines. Their export to Vietnam will further test the technology’s reliability, adaptability and scalability in overseas industrial environments.

Phased deployment across key footwear processes

Cooperation will be implemented in phases. Yingshen Intelligence will initially supply its two flagship footwear-manufacturing robots, ShadowGlue and ShadowPress, for deployment across multiple production lines.

The robots will first be used in gluing and sole pressing, two critical processes that have traditionally depended heavily on skilled manual labour. Their introduction is expected to help the participating factories improve production flexibility, operating consistency and automation levels.

The partners also plan to extend embodied intelligence technologies to additional processes, including sewing, finished-product packaging and automated shoelace threading. The aim is to move gradually from isolated robotic workstations towards coordinated, multi-process production.

In the longer term, the partners intend to build a benchmark factory for embodied intelligence-enabled footwear manufacturing in Vietnam, promoting the transition of entire production lines towards more autonomous and intelligent operations.

Why footwear manufacturing in Vietnam?

Why are embodied robots entering factories and flexible manufacturing taking shape first in Vietnam’s footwear industry?

Industry experts point to two closely related factors. Footwear manufacturing is both highly labour-intensive and one of the most technically challenging sectors for flexible automation. Introducing embodied intelligence into this industry therefore responds to the practical needs of Vietnamese manufacturers while also providing Chinese robotics companies with demanding real-world environments in which to test technological reliability, adaptability and large-scale delivery capabilities.

For manufacturers in Vietnam, the technology can help improve efficiency, stabilise product quality and ease labour shortages. For embodied intelligence companies, footwear production offers an opportunity to move beyond laboratory demonstrations and validate their systems under complex, continuously changing industrial conditions.

The partnership therefore reflects both the demand for more advanced manufacturing capabilities in Vietnam and the broader effort to bring embodied intelligence technologies into international, large-scale industrial applications.

Footwear production presents particularly high technical barriers to automation.

Shoe materials are flexible and easily deformed, while significant differences exist among styles, sizes and material combinations. Processes such as gluing and sole pressing require workers to respond to subtle variations in shape, positioning and material condition, and have therefore long relied on the experience and dexterity of skilled operators.

At the same time, consumer demand for more personalised and diversified footwear products is requiring factories to process a growing number of styles and stock-keeping units, often in smaller batches and with shorter production cycles. Production lines must consequently switch between products more frequently and adjust more rapidly.

Conventional industrial automation systems generally follow predefined programmes and fixed motion paths. When styles, materials or production requirements change, the equipment may need to be reprogrammed, recalibrated or physically reconfigured. This can lead to lengthy deployment cycles and higher production-line modification costs, making traditional systems less suited to multi-product, small-batch and high-frequency manufacturing.

Yingshen Intelligence’s embodied robots combine visual perception, world models and motion-control algorithms to identify production environments, material conditions and process requirements in real time. The systems can then adjust their operating strategies according to differences in shoe styles, sizes, incoming-material positions and other production variables.

Rather than merely repeating preset movements, the robots are designed to interpret the relationships among materials, space, actions and manufacturing processes, allowing them to adapt more effectively to complex and flexible production environments.

ShadowPress is designed primarily for the sole-pressing process. Using visual recognition and algorithmic compensation, the robot can dynamically adjust its gripper posture and movement path in response to differences in material position, placement angle and shoe shape.

Its compact design enables it to be integrated into existing semi-automated production lines. This allows manufacturers to introduce intelligent systems gradually, without carrying out extensive reconstruction of their existing factories.

ShadowGlue is designed for footwear gluing. According to Yingshen Intelligence, the system uses a 4D world model and vision–action coordination technology to learn manufacturing processes by observing videos of skilled workers.

It can respond dynamically to changes in shoe-material deformation, edge paths and adhesive conditions, helping to improve the stability and consistency of gluing operations. The technology is intended to enable robots not only to reproduce a worker’s actions, but also to learn the underlying process logic and adjust their operations when production conditions change.

This adaptability is particularly important in footwear manufacturing, where frequent changes in styles, sizes and materials make it difficult for fixed-path equipment to maintain consistent performance.

Vietnam’s manufacturing sector seeks greater flexibility

Vietnam has become one of the world’s leading footwear production and export centres as global footwear and apparel supply chains have continued to expand across Southeast Asia.

However, the competitive priorities of the industry are changing. International brands are placing greater emphasis on shorter delivery cycles, stable quality and the ability to respond quickly to small-batch, multi-product orders.

As a result, Vietnam’s manufacturing sector is gradually moving beyond a development model based primarily on labour, land and production scale. Manufacturers are increasingly seeking to improve efficiency, product quality, technological capabilities and production flexibility.

The introduction of Chinese embodied intelligence technologies by several footwear manufacturers in Vietnam therefore represents more than an equipment upgrade. It reflects local manufacturers’ growing demand for a new generation of intelligent production capabilities.

By deploying robots in technically demanding flexible processes, factories may be able to reduce their dependence on scarce skilled labour, improve production consistency and respond more effectively to frequent product changes and diversified orders.

Industry observers said the move could provide a practical example of how embodied intelligence can be introduced into traditional manufacturing. It may also help Vietnamese footwear producers transition from primarily undertaking large-scale production towards building more efficient, technology-intensive and responsive manufacturing capabilities.

Under the agreements, Yingshen Intelligence will provide integrated services covering equipment delivery, on-site installation and commissioning, personnel training, quality assurance and after-sales support.

The company will also adapt its products to the actual production environments and process requirements of the participating factories in Vietnam, with the aim of ensuring that the systems can operate reliably under real manufacturing conditions.

ShadowGlue and ShadowPress have completed product development and production-line validation. The two products were previously presented at the Jinjiang International Footwear and Sports Industry Expo in China.

The agreement involving hundreds of robots and orders worth tens of millions of yuan marks the formal entry of Yingshen Intelligence’s footwear robotics solutions into the Southeast Asian manufacturing market.

A new link between Chinese technology and Southeast Asian manufacturing

The partnership highlights a growing connection between China’s intelligent manufacturing technologies and Southeast Asia’s industrial transformation.

Chinese companies are accelerating the industrial deployment of world models, embodied intelligence and robotic systems. At the same time, manufacturers in Vietnam and other Southeast Asian economies are seeking more efficient, flexible and intelligent approaches to industrial upgrading.

The intersection of these trends lies in the practical needs of traditional manufacturing industries. Footwear factories provide a particularly valuable application environment because they combine large-scale production demand with complex materials, variable processes and frequent product changes.

Starting with footwear production lines in Hai Phong, the cooperation between Yingshen Intelligence and manufacturers in Vietnam will test how embodied intelligence can be applied across real industrial processes and scaled to multiple factories.

Rather than replacing workers in only one repetitive task, the broader objective is to build flexible production capabilities that can perceive changing conditions, learn manufacturing processes and adjust operations accordingly.

The cooperation offers a new example of Chinese intelligent manufacturing technology participating in Southeast Asia’s industrial upgrading, while signalling the footwear industry’s gradual transition from scale-driven production towards a new stage of flexible and intelligent manufacturing.

Hashtag: #HangzhouYingshenIntelligentTechnology

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

– Published and distributed with permission of Media-Outreach.com.

Source: New Zealand Government

[Speech delivered 12:30pm, Friday 17 July 2026, Legislative Council Chamber, Parliament, Wellington]

Thank you all for being here today.

We’d like to acknowledge Ferry Holdings, KiwiRail, CentrePort, Port Marlborough, the local councils in Marlborough and Wellington, and officials who have worked to get this programme to this point. We further acknowledge the unions, Interislander customers, iwi, and advocacy groups for freight, infrastructure and tourism.

Specific thanks are due to Ferry Holdings. Chris Mackenzie, Heather Simpson, Greg Lowe, Katherine Rich, and Captain Iain MacLeod, together with their chief executive Sandip Ranchod and his team. They have delivered.

We will take questions after the speech, and representatives of the various groups gathered today will be available for comment afterwards, if they wish.

Today, we are making two important announcements.

First, KiwiRail will operate New Zealand’s two new Cook Strait rail ferries. Second, KiwiRail will pay commercial fees to the ports and Ferry Holdings for the infrastructure and assets that make this service possible.

Together, these decisions secure a practical, affordable, and enduring ferry service across Cook Strait. They preserve rail across the Strait, support freight and passenger resilience, and set up the country for the next generation of service.

As background, iReX was a mess.

The politics around this programme has been immense. After the 2023 election, the cancellation of Project iReX became an example of what this Government was elected to fix.

It had departed far from the simple ferry purchase and wharf upgrade we established in 2020: two rail ferries, necessary infrastructure, and a reasonable budget.

By December 2023, it had blown out to $3.1 billion according to KiwiRail, while Treasury had already warned the previous Government it was on course for $4 billion.

That happened because the project became over-scoped, over-complicated, and untethered from the practical job that needed to be done.

The then Ministers simply furrowed their brows, but then topped it up anyway. And the public was told next to nothing.

They allocated another $750 million ‘in principle’, which was not disclosed to anybody in the pre-election update. Worse, because it was only half the funding KiwiRail requested, this was a cynical decision to snooker the KiwiRail board – enough that meant they could not cancel the project and embarrass the Government, but not enough to proceed.

And all of this prevaricating happened over 12 months of build time. New Zealand experienced an extreme taxpayer blowout and the certainty of a Tasmanian-devil mistake: ferries with the wrong hull construction, arriving with nowhere to berth.

That would have happened here under iReX. Unfinished infrastructure, with ferries idling in the Wellington harbour for years.

They made it our problem. Well, we have fixed their problem.

There is real-world, good honest ballast in our approach: build what is needed, not what is desired. Do what works, not what dazzles. Trust the experts, not the yes-men.

If they aren’t prepared to endorse our solution, then it will show they have learned nothing. 

Indeed, we appointed the experts and have got on with it.

In March 2025, Cabinet agreed to purchase rail ferries supported by new marine infrastructure in Picton and modified marine infrastructure in Wellington.

In November 2025, following a three-stage commercial tender process, Ferry Holdings entered a fixed-price contract for two new rail ferries to arrive in 2029. 

These ferries are being built by Guangzhou Shipyard International, the same shipyard building for the United Kingdom, Germany and Italy currently.

We also announced that the taxpayer will spend no more than $1.7 billion, and we reconfirm that today. For the benefit of the “misleading and inaccurate” Andrea Vance at The Post, that means we are still within budget. That also means this programme remains $2.3 billion cheaper than the project we inherited.

The first announcement: KiwiRail will operate the ferries.

In its various guises from New Zealand Railways, to TranzRail, to Toll, and now KiwiRail, it has managed the Interislander for 64 years. In our book, experience counts.

KiwiRail also operates rail freight services on the critical route between Auckland and Christchurch. We want the system to work as a whole, and splitting it up would be anathema to that outcome.

This is also a company now witnessing a turnaround. Reliability is up. Earnings are up. Revenue is up. 

Pending final audit, KiwiRail has achieved its $160 million earnings target to 30 June 2026, and Interislander reliability now sits at 98 percent. This is a vast improvement on 81 percent in 2021 and 83 percent in 2022.

KiwiRail will be the operator for the 30-year life of the assets. To keep them on their toes, that arrangement will be reviewed in 2039, after the first ten years.

The second announcement: KiwiRail will pay fees to the ports and Ferry Holdings.

This is no gift. In exchange for being the operator, KiwiRail will pay commercially priced port fees.

CentrePort will earn a reasonable profit on its $100 million contribution for assets CentrePort will own. Port Marlborough will earn a reasonable profit on its $110 million contribution for assets Port Marlborough will own.

Because more complex new infrastructure is being built in Picton, with $373 million to be paid by Ferry Holdings, we are establishing a special purpose vehicle to co-own assets between Port Marlborough and Ferry Holdings.

That means the taxpayer will receive the benefit of every cent of its investment in infrastructure. 

This would not have been possible under iReX. Recovering $3 billion in investment would have led to vast increases in Interislander fares, making the business uncompetitive, or leading to one of the largest write-offs in history. 

KiwiRail will also pay Ferry Holdings to lease the ferries and will be required to build up a reserve over the next 30 years so it can directly purchase new ferries in 2059.

This is not just a deal to secure the Strait for another generation. It secures it for the next two generations.

For KiwiRail’s workers, that means a steady future awaits you. For freighters and families using the Cook Strait, that means we have put your interests first.

While no commercial entity can detail exactly the share of fares the port fees will reflect, we can say they will be similar to what is paid today. 

We thank Sue Tindal, KiwiRail’s chair, for advocating her company’s position in a manner that respects the fiscal reality this Government faces.

These agreements set the basis for main works contracts to be entered later this year.

Ferry Holdings, Port Marlborough, CentrePort and KiwiRail have already brought construction partners in through early contractor involvement, engineering and design, demolition, and to build staging zones.

For example, KiwiRail is well underway already having appointed the builder for the Dublin Street overbridge in Picton, CentrePort has built a staging zone for loading gear and equipment onto the barge, and Port Marlborough is demolishing the old rail wharf for the new one to replace it.

We welcome their construction partners – HEB and Vinci in Picton and Brian Perry Civil in Wellington – but this comes with a message: this ship already has a master. You will be their expert crew following orders, and if seas ever get rough, we expect all hands on deck. 

And we know this is a desirable job for your sector too. These are meaty contracts in the hundreds of millions, with good programme life to give meaningful work to construction workers and to make use of your plant and equipment.

You will look back on this project with pride.

Of course, this programme is not without risk, but unlike the last lot we are grown-ups who deal with risk.

There will be no cost-plus construction contracts. Construction firms can expect to make a reasonable profit, with incentives to be on-time and on-budget. But the scope is set.

Ferry Holdings retains the major rights in controlling the programme, while working closely with KiwiRail, CentrePort, and Port Marlborough to sequence work around their operations and construction programmes.

The port agreements mean CentrePort, Port Marlborough, and KiwiRail all stand to gain from on-time, on-budget delivery. Each party has a healthy contingency built into its funding caps, and the project is funded to manage normal infrastructure risk.

Likewise, if they want to pay for additional works using their own money, then so long as it does not delay our delivery then that is their business. As a shareholder of KiwiRail, we retain the right to approve any additional scope paid for by KiwiRail, and will only do so where there is evidence of incremental commercial return. 

That is how infrastructure should be done in this country. Commercial deals where, yes, everyone stands to gain but equally, all parties carry risk. 

You are not looking at a repeat of Transmission Gully, where the lowest bidder gets the contract then litigates their way to higher pricing. 

You are not looking at the wastrels who spent $228 million on Auckland light rail without a single metre of track built either.

You are looking at the people who put taxpayers first, who deal respectfully with council-owned ports to get a good deal for ratepayers, and who keep the conversation focused on the only question that matters: ‘does New Zealand need this?’ If yes, do it. If no, stop.

As a result, we have served freighters and families, taxpayers and ratepayers, and we have preserved rail.

Now, let us look to the future with positive recognition of the past.

The Interislander has crossed Cook Strait since 1962. It was established as a rail ferry service on the recommendation of Parliament in 1958.

That was a time when leaders in this country understood something very simple: New Zealand is an island nation. And a country that cannot connect its own islands is a country that has forgotten the basics.

The first ferry was named Aramoana, meaning sea-path, and every rail ferry since has carried that “Ara” prefix. We respect that tradition, and in particular the role that iwi and Māori railway workers played in their naming.

Sixty-four years on, these ferries have come to represent New Zealand itself. They are more than the connector of our people and our goods, they are part of our tourism offer to the world.

And as such, in honour of the Cook Strait itself, of New Zealand’s history, and in recognition of the service these ferries will provide for generations to come, Ferry Holdings has legally registered the following names:

The first ferry will be named Kupe.
The second ferry will be named Cook.

These are proper names. Historic names. New Zealand names.

They are names that speak to our maritime inheritance, to exploration, to courage, to seamanship, and to the long story of how this country came to be.

Kupe and Cook each left an indelible mark on these islands, and on Cook Strait in particular. Their relevance to this waterway is not some abstract theory. It is obvious. It is historical. It is real.

Kupe named Mātiu Island. Cook named the Queen Charlotte Sound. 

New Zealand’s islands were settled by two great seafaring traditions: Polynesian first, European second. And these names honour that history.

Of course, in between them were the Dutch in 1642 – but they did not make landing. Our ferries will.

Now, we know exactly what will happen. The snivelling wokesters will work themselves into a lather over the name Cook, while offering only passing approval for Kupe. That is how shallow this has become.

It is fashionable now in certain circles to treat Captain Cook as nothing more than a symbol to be condemned, cancelled, and cast out. A harbinger of colonisation, they say. A figure of division, they say. A relic to be erased.

Well, we say this: a mature country does not run from its history. A serious country does not vandalise its memory to satisfy the latest fashion in whinger politics.

Because New Zealand’s history is not simple. It is not tidy. It is not a slogan on a placard. It is deep, difficult, proud, painful, ambitious, and unfinished.

We will not pretend one part of our history exists and another does not. And we will not allow a noisy minority to dictate what the rest of this country is allowed to remember.

These names – Kupe and Cook – reflect New Zealand as it actually is: a country shaped by the sea, by settlement, by risk, by enterprise, and by people who crossed dangerous waters in search of a future.

They also mark a new chapter for the proud men and women of the Interislander, who have kept this country moving across Cook Strait for decades.

So let others sneer. Let them lecture. We are getting on with the job.

We are naming these ferries for the history that made us, for the people who serve us, and for the country we are still building.

And we are saving them $2.3 billion, while getting the rail ferries and infrastructure New Zealanders expect. 

Because, once again, we are charting the practical course on new tides, with new vessels, and with common sense back at the helm.

Thank you.

Original source: https://nz.mil-osi.com/2026/07/17/common-sense-back-at-the-helm/

Source: GlobeNewswire (MIL-NZ-AU)

Highlights

• Canyon to materially increase strategic stake in Camrail from 9.1% to 26.9%, securing greater influence over critical rail infrastructure
• Completion of strategic 42.8% Investment in Terminal Bois du Port de Douala S.A., operator of Port of Douala, strengthening control over export logistics
• Preparation for tracklaying underway at both Inland Rail Facility and Port of Douala, advancing integrated logistics network
• First bauxite shipment from Minim Martap on schedule for late Q3, 2026 with first production imminent

PERTH, Australia, May 10, 2026 (GLOBE NEWSWIRE) — Canyon Resources Limited (ASX: CAY) (“Canyon” or “the Company”) is pleased to present an update on development activities at its Minim Martap Bauxite Project (“Minim Martap” or “the Project”), located in Cameroon, as the Company progresses towards first production and initial shipments.

The Company is pleased to advise that its in-country subsidiary Camalco Cameroon S.A. (“Camalco”) has paid a cash consideration of XAF 9.852 billion (approximately A$23.8 million) to increase its equity holding in Camrail from 9.1% to 26.9%, representing a significant strategic investment in the country’s primary rail transportation company. This enhanced stake will strengthen the Company’s ability to remain closely informed and actively engaged in developments relating to the PQ2 upgrade, while also securing timely bauxite transportation slots with Camrail. The increased involvement is expected to enhance oversight, coordination and strategic alignment with the Minim Martap Project, further de-risking the Company’s mine-to-port logistics chain as it advances toward production.

The increased investment in Camrail follows Canyon’s initial investment in Cameroon’s rail network operator in the first quarter of 2025 and is expected to complete in Q2, 2026, following in-country administrative registration of the newly acquired shares in Cameroon.

To further de-risk logistics, Canyon, through its in-country subsidiary Camalco, has completed a CFA 347.447 million (approximately A$0.8 million) strategic investment in Terminal Bois du Port de Douala S.A. (“TBPD”) to obtain a 42.8% stake in the operator of the Port of Douala.

The agreement complements Canyon’s existing Port Access Agreement which grants Canyon the right to export bauxite and alumina, as well as import raw materials essential for mining operations at Minim Martap.

The Port Access Agreement also provides Canyon with access to the Bois du Port de Douala to evaluate and optimise key logistical solutions in relation to site layout plans, construction requirements, and anticipated production metrics to ensure a seamless infrastructure network from mine to port. Refer to the ASX announcement dated 28 April 2025 for further details regarding the Port Access Agreement.

Commenting on the Company’s recent strategic investments, Chief Executive Officer Mr Peter Secker said: “By increasing our stake in Camrail to 26.9% and executing a strategic 42.8% investment in Terminal Bois du Port de Douala S.A. which operates the Port of Douala, Canyon is securing direct influence over the critical rail and port infrastructure that underpins our operations. These initiatives significantly enhance coordination, improve operational certainty, and materially de-risk our mine-to-port logistics as we move into imminent production.

“These are strategic, high-impact investments that reinforce our integrated logistics strategy, support the efficient ramp-up of Minim Martap, and position the Project for a long and reliable operating life.”

Image 1: Port of Douala

At Minim Martap the surface miner was mobilised to site at the Daniel Plateau in April, for the commencement of trial mining in mid Q2, 2026 allowing bauxite stockpiles to be built up at the mine, Inland Rail Facility (IRF) and port before the first bauxite ore shipment in late Q3, 2026.

Initial production will be a major milestone for the Minim Martap Bauxite Project and coincides with upgrade works on the haul road that connects the Danielle Plateau to the IRF.

Tracklaying at the IRF and bulk earthworks at the Port of Douala have commenced in preparation for rail operations to allow storage of bauxite ores at the port prior to the first shipment. The first seven locomotives are expected to arrive at the Port of Douala in late Q2, 2026 followed by the rail wagons in July 2026 ahead of first shipment of bauxite ore in late September, 2026.

Image 2: Site works at IRF

Canyon continues to engage with several potential offtake partners, with the Company aiming to finalise agreements following the completion of initial bauxite shipments, allowing Canyon to demonstrate the high grade, high purity of the Minim Martap ore reserve, which comprises of 51% alumina and approximately 2% silica.¹

The Feasibility Study for the proposed value-adding alumina refinery is scheduled to be completed by Q3 2026.

This announcement has been approved for release by Canyon’s Board of Directors.

About Canyon Resources

Canyon Resources is developing its flagship Minim Martap Bauxite Project in Cameroon, which contains over 1.1 billion tonnes of high-grade, low contaminant bauxite, with significant exploration upside. Minim Martap ranks among the world’s richest bauxite deposits, with an Ore Reserve of 144DMt at 51.2% Al₂O₃ and 1.7% SiO₂ and a JORC Mineral Resource Estimate of 1,102Mt at 45.3% Al₂O₃.

^{________________________________
1} Refer ASX Announcement dated 1 September 2025 Definitive Feasibility Study Results and Reserves Upgrade

(1) Ore Reserves reported as per JORC Code
(2) Mineral Resources reported as per JORC Code, at a cut-off grade of 35% Al₂O₃. Makan & Ngaoundal tenements are included

Table 1: Ore Reserves and Mineral Resources – September 2025

Forward looking statements

This announcement contains “forward-looking statements” and “forward-looking information”, such as statements and forecasts which include (without limitation) financial forecasts, production targets, industry and trend projections, statements about the feasibility of the Project and its financial outcomes (including pursuant to the DFS), future strategies, results and outlook of Canyon and the opportunities available to Canyon. Often, but not always, forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “is expected”, “is expecting”, “budget”, ‘outlook”, “scheduled”, “target”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will” be taken, occur or be achieved. Such information is based on assumptions and judgments of Canyon regarding future events and results. Readers are cautioned that forward-looking statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, targets, performance or achievements of Canyon to be materially different from any future results, targets, performance or achievements expressed or implied by the forward-looking statements and information.

Forward-looking statements and information are not guarantees of future performance and involve known and unknown risks, uncertainties, sensitivities, contingencies, assumptions and other important factors, many of which are beyond the control of Canyon and its directors and management. Past performance is not a guide to future performance. Key risk factors (including as associated with the DFS) are detailed (non-exhaustively) in this announcement or in Canyon’s previous ASX announcements. These and other factors (such as risk factors that are currently unknown) could cause actual results, targets, performance or achievements anticipated (including in the DFS) to differ materially from those expressed in forward-looking statements and information.

Forward-looking statements and information (including Canyon’s belief that it has a reasonable basis to expect it will be able to fund the costs of the Project for its estimated life of mine) are (further to the above) based on the reasonable assumptions, estimates, analysis and opinions of Canyon made in light of its perception of trends, current conditions and expected developments, as well as other factors that Canyon believes to be relevant and reasonable in the circumstances at the date such statements are made, but which may prove to be incorrect. Although Canyon believes that the assumptions and expectations reflected in such forward-looking statements and information (including as described throughout this announcement) are reasonable, readers are cautioned that this is not exhaustive of all factors which may impact on the forward-looking statements and information. Canyon does not undertake to update any forward-looking statements or information, except in accordance with applicable securities laws.

Investors should note that there is no certainty that the Project will be feasible and there can be no assurance of whether it will be developed, constructed and commence operations, whether the DFS results will be accurate, whether production targets will be achieved or whether Canyon will be able to raise funding when it is required (nor any certainty as to the form such capital raising may take, such as equity, debt, hybrid and/or other capital raising). It is also possible that such funding may only be available on terms that dilute or otherwise affect the value of Canyon’s shares. It is also possible that Canyon could pursue other ‘value realisation’ strategies such as sale, partial sale, or joint venture of the Project. Risk factors which are set out (non-exhaustively) in this announcement, or in Canyon’s previous ASX announcements, highlight key factors identified by Canyon which may cause actual results to differ from the DFS or may otherwise have material detrimental impacts on Canyon and its business.

Mineral Resources and Ore Reserves

This announcement contains estimates of the Mineral Resources and Ore Reserves estimated for the Project. This information in this announcement that relates to those Mineral Resources and Ore Reserves has been extracted from Canyon’s accompanying ASX announcement entitled “Definitive Feasibility Study Results and Reserves Upgrade Confirms Minim Martap as a Tier-One Bauxite Operation” dated 1 September 2025, a copy of which is available at www.asx.com.au. Canyon confirms that it is not aware of any new information or data that materially affects the information included in that announcement and, in relation to the estimates of Mineral Resources and Ore Reserves, confirms that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed. The Competent Person for the Mineral Resources estimate in the announcement was Mr. Rodney Brown and the Competent Persons for the Ore Reserve estimate in the announcement was Mr. Donald Eld.

Production Targets and Financial Forecasts derived from the Production Targets

This announcement contains production targets for the Project, which are 100% underpinned by the Proved and Probable category Ore Reserves estimated at the Project pursuant to the JORC Code (2012). The estimated Ore Reserves underpinning the production targets have been prepared by a competent person in accordance with the JORC Code.

The Inferred category Mineral Resource estimates at the Project have not been included in the Ore Reserves or production targets and have not been included when determining the forecast financial information detailed in this announcement. There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources (or Ore Reserves) in relation to that mineralisation.

The production targets for the Project and the financial forecasts disclosed in this announcement (including as derived from those production targets) are based on the material assumptions outlined in this announcement and are subject to various risk factors, such as those (non-exhaustively) outlined, or referred to, in this announcement and in previous ASX announcements. These include assumptions and risk factors about the availability of funding. While Canyon considers all the material assumptions to be based on reasonable grounds, there is no certainty that they will prove to be correct or that the Mineral Resource and Ore Reserve estimates are accurate or that the production targets or financial forecasts as indicated in this announcement will be achieved.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/fe7ec6d8-dec9-4d74-b0f8-44cde1e5f482

https://www.globenewswire.com/NewsRoom/AttachmentNg/e135a9be-e363-4859-b95f-6f34c590bb05

– Published by The MIL Network

Source: GlobeNewswire (MIL-NZ-AU)

Highlights

• The surface miner has arrived in Cameroon, with mining operations scheduled to commence in February 2026.
• Delivery of locomotives and wagons scheduled in Q1, 2026. 
• Ore haulage from the Inland Rail Facility to the Port of Douala is planned for Q2, 2026, supporting first bauxite shipment targeted for late June 2026.
• Recruitment of the Mine Director and Port Manager has been finalised, with both appointees due to be in country this month.
• The alumina refinery Feasibility Study is progressing well and is 45% complete.
• Discussions with Camrail regarding the increase in ownership from 9% to approximately 35% are ongoing and expected to be completed in Q1, 2026.
• Drafting of meeting documentation for the EEA placement has been completed, with shareholder approval to be sought at a General Meeting scheduled for early March 2026.
• Afriland continues to progress discussions within country regulators in relation to remaining financing approvals.

PERTH, Australia, Jan. 07, 2026 (GLOBE NEWSWIRE) — Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to provide a development update for its Minim Martap Bauxite Project (‘Minim Martap’ or ‘the Project’), located in Cameroon.

The road contractor has mobilised additional equipment to site, with upgrade works progressing well and remain on track for completion by the end of Q1, 2026.

Image 1: Haul Road Development between Danielle Plateau and Inland Rail Facility

The commencement of mining at Minim Martap is on track for February 2026 following the arrival of the surface miner at the Port of Douala in Cameroon in December 2025.

Images 2, 3 & 4: Arrival of the surface miner at the Port of Douala in Cameroon

Delivery of the Rolling Stock is expected in Q1, 2026, and commissioning targeted for early Q2, 2026.

Images 5 & 6: Camalco Wagons at Texmaco Rail & Engineering Limited

Images 7 & 8: Camalco locomotive fabrication and locomotive engine at CRRC Ziyang Co., Ltd

Ore haulage from Inland Rail Facility (“IRF”) to Port of Douala is scheduled for Q2, 2026, and first bauxite shipment scheduled for late June 2026. 

Final tenders for the dredging of the access channel to the Port du Bois berth have now been received, with works on track to commence in Q1, 2026.

All transhipping tenders have now been received, with the contract scheduled to be awarded in Q1, 2026, keeping the Project timeline firmly on track to allow Canyon to complete the first bauxite shipment in June 2026.

Discussions with Camrail continue to advance and are now well progressed, with the Company targeting an increase in its investment in Camrail from the current 9.1% to approximately 35%. Completion is expected in Q1, 2026, and would enable greater participation in the PQ2 upgrade, further strengthening and de-risking the Company’s mine-to-port logistics strategy.

The Feasibility Study for the proposed value-adding alumina refinery is now approximately 45% complete, advancing Canyon’s downstream value-add strategy and supporting its objective of positioning the Company as an integrated participant in the global aluminium value chain. The Study leverages the cost benefits of operating in Cameroon and the Project’s low-silica, high-grade bauxite, with completion targeted for Q3, 2026.

Key senior operational appointments have been completed, with the recruitment of an experienced Mine Director, who is a mining engineer with over 15 years of experience in Africa and Asia and previously worked in bauxite operations in Guinea, as well as an experienced Port Manager, who is an engineer with over 15 years of port operations experience in Asia and Guinea, with significant bulk tonnage ore shipments, port handling and off-shore transhipping expertise.

Both appointees are scheduled to be in-country in this month, materially strengthening Canyon’s on-the-ground leadership team as the Company transitions from development into operations. These appointments significantly enhance operational readiness across mining and port logistics and support the continued progression of the Minim Martap Bauxite Project toward first production.

At the Annual General Meeting held on the 25^th of November 2025, shareholders approved the ~A$70 million equity raise pursuant to Tranche 2 of the Placement, announced on the 25^th of September to Afriland Bourse & Investissement (‘Afriland’). Refer to ASX announcement dated 25 September 2025 for further details in relation to the Tranche 2 Placement.

Following shareholder approval, the Placement to Afriland is now subject only to approval from the Banque des États de l’Afrique Centrale, the central bank for the Central African Economic and Monetary Community, the Commission de Surveillance du marché financier de l’Afrique Centrale, the market regulator for the Central African Economic and Monetary Community and the Government of Cameroon, which are progressing.

The remainder of Tranche 2 of the equity raise, comprising a placement of A$100M to Eagle Eye Asset Holdings Pte. Ltd (“EEA”) remains subject to shareholder approval and is progressing as planned. Drafting of the documentation required to convene the General Meeting has been completed, and the Company will seek shareholder approval at a General Meeting to be held in early March 2026. Subject to shareholder approval, settlement of this tranche of the Placement, on the previously announced terms, is expected in Q2, 2026.

Commenting on Afriland’s Tranche 2 of the Placement, Afriland stated: “Afriland remains fully supportive of Canyon and the advancement of the Minim Martap Bauxite Project. We continue to work closely with the Company and the relevant authorities to progress the remaining regulatory approvals to raise funds and look forward to supporting Canyon as it moves toward the next phase of project development.”

Commenting on project funding, EEA stated: “Canyon continues to make strong progress across key project milestones, and we are pleased with the momentum being demonstrated as the Company advances toward production. We look forward to further strengthening our partnership with Canyon and reaffirm our commitment to completing the A$100 million Tranche 2 equity funding under the announced terms of the Placement, subject to shareholder approval anticipated in early March 2026.”

Canyon Chief Executive Officer Peter Secker commented: “Following the arrival of the surface miner in Cameroon as well as confirmation of the delivery of the Rolling Stock scheduled in Q1, the key operational milestones continue to be achieved across mining, logistics and infrastructure workstreams. 

“Project readiness continues to be strengthened, with key senior leadership appointments now completed. The Mine Director and Port Manager roles have been filled, with both executives scheduled to be on the ground this month to support the ramp-up to first production.

“Downstream value creation remains a key focus, with the alumina refinery Feasibility Study advancing well and reinforcing Canyon’s long-term, value-add development strategy.

“Discussions with Camrail regarding an increased equity interest are nearing completion and are expected to support greater involvement in critical rail infrastructure upgrades, further de-risking the Company’s mine-to-port logistics pathway. In parallel, documentation for the EEA placement has been completed, with shareholder approval to be sought at a meeting to be scheduled for early March 2026, while Afriland continues constructive engagement with authorities in Cameroon to finalise the remaining approvals.

“Canyon is fully funded through Stage 1 production through a balanced mix of debt and equity, underpinned by strong support from domestic and international investors and key in-country stakeholders, as the Company remains firmly on track toward first production.” 

This announcement has been approved for release by Canyon’s Board of Directors.

Forward-looking statements 

This announcement contains “forward-looking statements” and “forward-looking information”, such as statements and forecasts which include (without limitation) financial forecasts, production targets, industry and trend projections, statements about the feasibility of the Project and its financial outcomes (including pursuant to the DFS), future strategies, results and outlook of Canyon and the opportunities available to Canyon. Often, but not always, forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “is expected”, “is expecting”, “budget”, ‘outlook”, “scheduled”, “target”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will” be taken, occur or be achieved. Such information is based on assumptions and judgments of Canyon regarding future events and results. Readers are cautioned that forward-looking statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, targets, performance or achievements of Canyon to be materially different from any future results, targets, performance or achievements expressed or implied by the forward-looking statements and information.

Forward-looking statements and information are not guarantees of future performance and involve known and unknown risks, uncertainties, sensitivities, contingencies, assumptions and other important factors, many of which are beyond the control of Canyon and its directors and management. Past performance is not a guide to future performance. Key risk factors (including as associated with the DFS) are detailed (non-exhaustively) in this announcement or in Canyon’s previous ASX announcements. These and other factors (such as risk factors that are currently unknown) could cause actual results, targets, performance or achievements anticipated (including in the DFS) to differ materially from those expressed in forward-looking statements and information.

Forward-looking statements and information (including Canyon’s belief that it has a reasonable basis to expect it will be able to fund the costs of the Project for its estimated life of mine) are (further to the above) based on the reasonable assumptions, estimates, analysis and opinions of Canyon made in light of its perception of trends, current conditions and expected developments, as well as other factors that Canyon believes to be relevant and reasonable in the circumstances at the date such statements are made, but which may prove to be incorrect. Although Canyon believes that the assumptions and expectations reflected in such forward-looking statements and information (including as described throughout this announcement) are reasonable, readers are cautioned that this is not exhaustive of all factors which may impact on the forward-looking statements and information. Canyon does not undertake to update any forward-looking statements or information, except in accordance with applicable securities laws.

Investors should note that there is no certainty that the Project will be feasible and there can be no assurance of whether it will be developed, constructed and commence operations, whether the DFS results will be accurate, whether production targets will be achieved or whether Canyon will be able to raise funding when it is required (nor any certainty as to the form such capital raising may take, such as equity, debt, hybrid and/or other capital raising). It is also possible that such funding may only be available on terms that dilute or otherwise affect the value of Canyon’s shares. It is also possible that Canyon could pursue other ‘value realisation’ strategies such as sale, partial sale, or joint venture of the Project. Risk factors which are set out (non-exhaustively) in this announcement, or in Canyon’s previous ASX announcements, highlight key factors identified by Canyon which may cause actual results to differ from the DFS or may otherwise have material detrimental impacts on Canyon and its business.

Mineral Resources and Ore Reserves

This announcement contains estimates of the Mineral Resources and Ore Reserves estimated for the Project. This information in this announcement that relates to those Mineral Resources and Ore Reserves has been extracted from Canyon’s accompanying ASX announcement entitled “Definitive Feasibility Study Results and Reserves Upgrade Confirms Minim Martap as a Tier-One Bauxite Operation” dated 1 September 2025, a copy of which is available at www.asx.com.au. Canyon confirms that it is not aware of any new information or data that materially affects the information included in that announcement and, in relation to the estimates of Mineral Resources and Ore Reserves, confirms that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed. The Competent Person for the Mineral Resources estimate in the announcement was Mr. Rodney Brown and the Competent Persons for the Ore Reserve estimate in the announcement was Mr. Donald Eld.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/a774eb91-6072-4211-99b3-bef65e19f4f4
https://www.globenewswire.com/NewsRoom/AttachmentNg/59b39cb1-8c0e-4504-860f-1e0a2f0fba91
https://www.globenewswire.com/NewsRoom/AttachmentNg/a6efd860-dc49-4f6d-931b-0375a71edc6a
https://www.globenewswire.com/NewsRoom/AttachmentNg/398c01c6-748c-4860-b58f-3936ece3b525
https://www.globenewswire.com/NewsRoom/AttachmentNg/720e92e0-ff05-4192-b0a5-e7a886315edd
https://www.globenewswire.com/NewsRoom/AttachmentNg/e2e5d629-eed9-460f-9ede-2b1c2cd0037c
https://www.globenewswire.com/NewsRoom/AttachmentNg/9253fc9c-5e58-4493-a8c4-c9237c985667
https://www.globenewswire.com/NewsRoom/AttachmentNg/e429bec6-7089-4ef6-bd22-f08f352b09c8

– Published by The MIL Network

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 17 July 2026 – Visitors looking to experience Singapore beyond its iconic attractions can now immerse themselves in two hands-on heritage workshops in the heart of Chinatown. Organised by Chinatown Business Association (CBA), these interactive experiences invite International tourists, families and local Singaporeans to create memorable souvenirs while discovering Singapore’s multicultural traditions.

Hashtag: #ChinatownBusinessAssociation

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

– Published and distributed with permission of Media-Outreach.com.

Source: Media Outreach

HANOI, VIETNAM – Media OutReach Newswire – 17 July 2026 – VinFast today announced the signing of a strategic Memorandum of Understanding (MOU) with TÜVRheinland, a global leader in automotive testing, inspection and certification, to strengthen vehicle testing capabilities in Vietnam. The partnership includes the development of the VinFast Testing Center in accordance with international standards and the provision of testing and technical advisory services to automotive manufacturers across the region from Vietnam, laying the foundation for deeper integration into the global automotive value chain.

Under the MOU, VinFast and TÜV Rheinland will work closely across a broad range of areas, including technical advisory services, testing, certification and specialized training. TÜV Rheinland will prioritize the VinFast Testing Center as its preferred provider of testing and technical advisory services for relevant projects in Vietnam and the ASEAN region. The two parties will also jointly promote the capabilities of the VinFast Testing Center to international automotive manufacturers, develop new business opportunities, and organize specialized training programs and industry seminars to further strengthen technical capabilities.

Previously, VinFast and TÜV Rheinland have collaborated on numerous testing and technical assessment activities covering electric vehicle systems, components and complete vehicles, supporting the development of products that meet the technical requirements of both domestic and international markets. The new strategic MOU elevates the relationship beyond individual projects and establishes a long-term partnership aimed at helping Vietnamese businesses integrate more deeply into the global automotive value chain.

Headquartered in Germany and backed by more than 150 years of experience, TÜV Rheinland is a global leader in testing, inspection and certification. The company provides technical services to automotive manufacturers and suppliers worldwide, helping them comply with regulatory requirements and international standards related to safety, performance, electromagnetic compatibility, cybersecurity and other specialized technical fields.

Mr. Nguyen Manh Quan, Deputy CEO of Quality Control Division, VinFast, said: “Our partnership with TÜV Rheinland is a key step in VinFast’s long-term strategy to strengthen our research, testing and product development capabilities in line with international standards. Beyond enhancing product quality, this collaboration also creates opportunities for VinFast to gradually become part of the regional and global automotive technical services network, contributing to the continued development of Vietnam’s automotive industry ecosystem.”

Mr. Nguyen The Anh, General Director of TÜV Rheinland Vietnam, said: “We highly value VinFast’s continued investment in research, testing and product development. Leveraging our global expertise in testing, inspection and certification, TÜV Rheinland looks forward to working alongside VinFast to strengthen technical capabilities, drive technological innovation, and develop services that meet the growing demands of the market.“

As Vietnam’s leading electric vehicle manufacturer with a diverse ecosystem spanning electric cars, electric motorcycles and smart mobility solutions, VinFast continues to invest in research, development and testing infrastructure to meet the world’s most demanding international standards. The expanded partnership with TÜV Rheinland further reinforces VinFast’s strategy of building a network of world-leading technical partners, strengthening its research, testing and product development capabilities while contributing to technological innovation and the development of the automotive industry ecosystem in Vietnam and the region.

Hashtag: #VinFast #TÜVRheinland #AutomotiveTesting

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

– Published and distributed with permission of Media-Outreach.com.

MIL OSI