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.

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.

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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STUTTGART, GERMANY / BANGKOK, THAILAND - Media OutReach Newswire – 29 April 2026 -Porsche Design Tower Bangkok and Christie's co-hosted The Collector's Evening, an exclusive invitation-only event held at The Peak, Gaysorn Tower, Bangkok. The private gathering brought together rare highlights from Christie's forthcoming Hong Kong and Geneva auctions before a distinguished audience of collectors, investors, and wealth intermediaries, marking one of the most distinguished gatherings of collectors Bangkok has seen this year.

Melissa Chollasap (4th from left), Managing Director of Porsche Design Tower Bangkok, and Prapavadee Sophonpanich (5th from left), Senior Vice President, Managing Director of Christie's Thailand, Cambodia, Laos, Myanmar and Vietnam, co-hosted The Collector's Evening, a private preview of rare highlights from Christie's forthcoming Hong Kong and Geneva auctions, in Bangkok.

The auction preview brought together a rare timepiece, a significant work of jewelry art, and a highly limited collectible — each with a provenance and a place in the collector market that extends well beyond its auction estimate. The evening was led by Vickie Sek, Deputy Chairman and Asia Pacific Chairman of Christie's, and Alexandre Bigler, Senior Vice President and Head of Watches for Asia Pacific, whose attendance of the event in Bangkok reflects the growing weight of the city's collector community on the regional stage. This year marks Christie's 40th year of presence in Asia.

Porsche Design Tower Bangkok served as co-host — an adequate setting that reflects the exclusivity of the objects on display. Born from the collaboration between Porsche Design and Ananda Development PCL, the tower is guided by Professor F. A. Porsche's founding principle of optimising function while uncompromisingly reducing form to the essentials. The result is 'Sky Villa' residences — distinguished by design, exclusive in the truest sense, and coveted by those who understand the true meaning and value of architectural excellence. With just 22 residences, Porsche Design Tower Bangkok underscores its profound exclusivity but unequivocally establishes it as an unparalleled, coveted address. Beyond the preview, the evening served as an intimate occasion for Porsche Design Tower Bangkok to host its clients and prospective owners within a setting that reflected the project's own collector values.

Central to that distinction is the 'Passion Space' — a private collector's garage directly connected to each residence by private lift. Whatever its owner chooses to place within it, the 'Passion Space' was designed with the same conviction that defined the evening: that what individuals surround themselves with is never incidental.

Porsche Design Tower Bangkok emerges as one of merely two Porsche Design residential towers globally, drawing a parallel only with its prestigious Miami counterpart.

For those who value the extraordinary, Porsche Design Tower Bangkok welcomes private viewings by appointment at pdtowerbangkok.com.

Hashtag: #PorscheDesign

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About Porsche Design:

In 1963, Professor Ferdinand Alexander Porsche created one of the most iconic design objects in contemporary history: the Porsche 911. Following his vision to take the principles and myth of Porsche beyond the automotive world, he created the exclusive lifestyle brand Porsche Design in 1972. His philosophy and design language can still be seen in all Porsche Design products today. Every Porsche Design product stands for extraordinary precision and perfection, boasts a high level of technological innovation and seamlessly combines intelligent functionality and puristic design. Created by Studio F. A. Porsche in Austria, our products are sold worldwide in Porsche Design stores, high-end department stores, exclusive specialist retailers and the official online store (porsche-design.com).

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