PAObank Showcases Pilot Case at Port Community System Rollout Ceremony

Pioneering Logistics Data Connectivity to Empower SME Financing

HONG KONG SAR - Media OutReach Newswire - 19 January 2026 - In response to the evolving global trade landscape and accelerating digital transformation, Hong Kong is consolidating its strength and reinforcing its position as an International Trade Centre while driving industry digitalisation. PAO Bank Limited ("PAObank") has actively support the HKSAR Government's initiatives to promote data-sharing infrastructure and financial technology development. PAObank adopted data from "Port Community System" ("PCS"), serving as a pilot case to explore the potential of the PCS data in replacing traditional freight documentation. PAObank has been invited to join PCS Rollout Ceremony, sharing professional insights on leveraging cargo data to promote digital trade finance.

The PCS enables interoperability of logistics data across sea, land and air transport, establishing a comprehensive and reliable logistics footprint for cargo transiting through Hong Kong. PAObank, as the first digital bank to participate in the Commercial Data Interchange initiative, has become a leader in harnessing alternative data to streamline financing process. PAObank was invited to PCS Rollout Ceremony on 16 January to share its practical experience in utilising PCS for trade finance. The real-time import/export customs declaration and cargo data provided by PCS empower banks to better understand the trade and capital flows of SMEs, thereby reducing credit costs and enhancing the efficiency of trade finance.

Mr. Ambrose Wong, Alternate Chief Executive & Chief Risk Officer of PAObank, remarked in the panel discussion, "As one of the Ping An Group's integrated financial platforms in Hong Kong, PAObank is driven by the vision of empowering finance through technology. We are at the forefront of utilising alternative data to simplify SME financing and establishing industry benchmarks. Traditional port information is often fragmented, and banks lack access to consolidated trade data, making it difficult to assess business operations and credit risks in a timely and accurate manner, which affects financing efficiency. PCS provides unified, reliable, and comprehensive logistics data, further breaking down industry data barriers. This enables banks to access real-time data, quickly and accurately evaluate SME business conditions, and conduct more precise credit approvals to meet SMEs' funding needs and help them seize business opportunities."

Mr Ambrose Wong continued, "PAObank is honoured to serve as one of the pilot cases for the PCS, contributing to system optimisation and the realisation of cross-sector data sharing. PAObank will continue to support the HKSAR Government in jointly promoting the digitalisation of trade finance, deepening application scenarios, and enabling more SMEs to benefit from robust data-sharing infrastructure, contributing to strengthening Hong Kong's position as an international financial and trade centre."

Looking ahead, as part of Ping An Group's integrated financial platforms in Hong Kong, PAObank will continue to strengthen its commercial data utilisation, integrating diverse data from trade, logistics and finance to unlock data potential. The bank will continue to be the trade partner, offering banking services including foreign currency deposits, cross-border remittance, and foreign currency exchange to help SMEs unlock their business potential. In addition, PAObank is actively developing innovative financial technologies to provide more diversified services for SMEs and individual customers, working together to promote the sustainable and healthy development of Hong Kong's economy.
Hashtag: #PAObank #PCS #TradeFinancing

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

HONG KONG SAR - Media OutReach Newswire - 19 January 2026 - In response to the evolving global trade landscape and accelerating digital transformation, Hong Kong is consolidating its strength and reinforcing its position as an International Trade Centre while driving industry digitalisation. PAO Bank Limited ("PAObank") has actively support the HKSAR Government's initiatives to promote data-sharing infrastructure and financial technology development. PAObank adopted data from "Port Community System" ("PCS"), serving as a pilot case to explore the potential of the PCS data in replacing traditional freight documentation. PAObank has been invited to join PCS Rollout Ceremony, sharing professional insights on leveraging cargo data to promote digital trade finance.

The PCS enables interoperability of logistics data across sea, land and air transport, establishing a comprehensive and reliable logistics footprint for cargo transiting through Hong Kong. PAObank, as the first digital bank to participate in the Commercial Data Interchange initiative, has become a leader in harnessing alternative data to streamline financing process. PAObank was invited to PCS Rollout Ceremony on 16 January to share its practical experience in utilising PCS for trade finance. The real-time import/export customs declaration and cargo data provided by PCS empower banks to better understand the trade and capital flows of SMEs, thereby reducing credit costs and enhancing the efficiency of trade finance.

Mr. Ambrose Wong, Alternate Chief Executive & Chief Risk Officer of PAObank, remarked in the panel discussion, "As one of the Ping An Group's integrated financial platforms in Hong Kong, PAObank is driven by the vision of empowering finance through technology. We are at the forefront of utilising alternative data to simplify SME financing and establishing industry benchmarks. Traditional port information is often fragmented, and banks lack access to consolidated trade data, making it difficult to assess business operations and credit risks in a timely and accurate manner, which affects financing efficiency. PCS provides unified, reliable, and comprehensive logistics data, further breaking down industry data barriers. This enables banks to access real-time data, quickly and accurately evaluate SME business conditions, and conduct more precise credit approvals to meet SMEs' funding needs and help them seize business opportunities."

Mr Ambrose Wong continued, "PAObank is honoured to serve as one of the pilot cases for the PCS, contributing to system optimisation and the realisation of cross-sector data sharing. PAObank will continue to support the HKSAR Government in jointly promoting the digitalisation of trade finance, deepening application scenarios, and enabling more SMEs to benefit from robust data-sharing infrastructure, contributing to strengthening Hong Kong's position as an international financial and trade centre."

Looking ahead, as part of Ping An Group's integrated financial platforms in Hong Kong, PAObank will continue to strengthen its commercial data utilisation, integrating diverse data from trade, logistics and finance to unlock data potential. The bank will continue to be the trade partner, offering banking services including foreign currency deposits, cross-border remittance, and foreign currency exchange to help SMEs unlock their business potential. In addition, PAObank is actively developing innovative financial technologies to provide more diversified services for SMEs and individual customers, working together to promote the sustainable and healthy development of Hong Kong's economy.
Hashtag: #PAObank #PCS #TradeFinancing

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

PAO Bank Limited

PAO Bank Limited ("PAObank"), a wholly-owned subsidiary of Lufax Holding Ltd ("Lufax") (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. ("Ping An") (SEHK: 2318; SSE: 601318), is committed to fostering financial inclusion and establishing a digital banking ecosystem by leveraging its extensive experience in SME banking services and its leading financial technology advantages. PAObank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer banking services via virtual channels. PAObank is expanding diverse business segments including retail banking and SME banking, serving customers in Hong Kong and the Greater Bay Area, establishing itself as one of the Ping An Group's comprehensive financial platforms in Hong Kong.

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MANILA, PHILIPPINES – Media OutReach Newswire – 20 October 2026 – VinFast VF 3, the best-selling electric mini-SUV of VinFast Philippines, has claimed the top spot in the local BEV segment after recording 2,906 units sold from January to August 2026 according to the CAMPI report.

The VinFast VF 3 is the Philippines' best-selling BEV, underscoring its strong consumer appeal and helping accelerate the transition to greener mobility.

Dubbed as the "Tiny Titan," the VF 3 asserted its popularity among first-time Filipino EV owners looking for compact and practical vehicles. Already gaining strong traction before recent oil price hikes, the VF 3 saw demand surge during the global energy uncertainty as volatile domestic fuel prices pushed Filipino motorists towards cost-efficient mobility options.

Beyond the impressive specifications of the VF 3, the model's market dominance is credited to VinFast's comprehensive Ownership System that helps address key barriers to EV adoption. The number one BEV brand's first-of-its-kind initiatives such as the Battery Subscription Policy, which lowers upfront costs, and the Residual Value Guarantee Program, which protects long-term asset value, continue to appeal to Filipinos looking for practical mobility solutions. Coupled with its free charging program until March 31, 2029, the brand's expanding charging networks in the country builds a strong total cost of ownership case for VF 3, attracting Filipinos to make the EV shift amidst fuel price volatility.

Mr. Antonio "Toti" Zara III, CEO of VinFast Philippines, said: "We are deeply grateful and incredibly proud of the warm reception that VF 3 received in the Philippines. Achieving the number one spot is a milestone that demonstrates Filipino drivers' readiness to embrace electric mobility when backed by an ecosystem that supports their entire journey. The incredible reception of the VF 3 proves that eliminating traditional barriers through our comprehensive Ownership System makes going electric a seamless, practical choice. But the Tiny Titan leading the charts is only the beginning of our mission in the country, as we vow to continuously expand and evolve this ecosystem to ensure sustainable EV ownership remains accessible, effortless, and dependable for every Filipino motorist."

The VF 3's success in the Philippine market reflects consumer reception and the model's suitability for local mobility needs. To continue meeting consumer needs and enhancing the ownership experience, VinFast is steadily expanding its vehicle lineup and further developing its comprehensive Ownership System – encompassing growing dealership networks across the Philippines, the Battery Subscription and the Residual Value Guarantee programs, the V-Green network, and dedicated aftersales support. VinFast continues to remove barriers to EV ownership and make electric driving a practical, seamless choice for Filipinos.

VinFast is expected to sustain this momentum by continuing to expand its charging network and dealership footprint across the country. To experience the country's best-selling electric mini-SUV firsthand, customers are invited to book a test drive or visit any authorized VinFast dealership nationwide.

Hashtag: #VinFast

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

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