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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BEIJING, CHINA – Media OutReach Newswire – 14 August 2026 – The "YOU BRING CHARM TO THE WORLD — The 18th Global Chinese Awards" came to a close at the Phoenix Center in Beijing on the evening of August 12.

On the evening of August 12, the "YOU BRING CHARM TO THE WORLD — The 18th Global Chinese Awards" concluded at the Phoenix Center in Beijing. The photo shows award recipients posing with presenters.

At this year's awards ceremony, Academician Zhang Boli of the Chinese Academy of Engineering received the Global Chinese Lifetime Achievement Award, while actress Sylvia Chang received the Global Chinese Special Tribute Award. Academician Pan Jianwei of the Chinese Academy of Sciences, Lu Chaoyang, Chair Professor at the University of Science and Technology of China, picture-book illustrator Cai Gao, Chinese freestyle skier Xu Mengtao, Gao Du, professor at the Beijing Dance Academy, and actress Xin Zhilei received the Global Chinese Award.

In his speech, Xu Wei, Chairman of the Board and CEO of Phoenix TV, said: "Each generation of Chinese people has its own responsibilities. The older generation worked hard with their roots in their homeland, while the younger generation embraces innovation and the world, becoming connectors between different cultures." Phoenix TV will continue to serve as an on-the-ground reporter of major global events, an international storyteller of Chinese culture, and a platform builder for international exchange, enabling audiences around the world to see more of the vibrant and diverse achievements of Chinese people.

The tribute section of the ceremony opened with an immersive children's picture-book theatrical performance based on classic works including The Story of the Peach Blossom Spring and Bao'er. Both works were created by Cai Gao, who received the Hans Christian Andersen Award for Illustration in April this year. During the ceremony, the host recalled the children's song Cai sang at the Andersen Award ceremony, prompting her to smile and sing "The Cuckoo" once again.

Upon receiving the Global Chinese Award, Cai Gao said that the splendid and outstanding artistic heritage of China has been a source of inspiration for her work, and that she has a deep love for the culture of this land. Seeing so many Chinese people achieve remarkable accomplishments in different fields has also given her spiritual strength. Quoting the phrase, "As long as life goes on, the struggle continues," she encouraged herself to keep creating with passion and curiosity. "Life and creation require dedication and perseverance. I am willing to devote myself to them, as I always have."

Joining the ceremony via video link, Lu Chaoyang shared his joy and said that the honor belongs to all Chinese researchers who have climbed, generation after generation, along the long and steep road of quantum science. Looking to the future, he offered this message: "The quantum world is very small, so small that it cannot be seen with the naked eye; but China's dreams in science and technology are immense. Through fundamental innovation, we should illuminate a farther future for human civilization."

In her acceptance speech, Xin Zhilei said she particularly liked the phrase "YOU BRING CHARM TO THE WORLD." "Everyone is a unique ray of light in this world. Through our efforts and down-to-earth dedication, we each make our own small contribution to the beauty of the world. As an actress, what I can do is put my heart into every role and bring to the world a little bit of the unique color that belongs to me." Lu Yang, director of Brotherhood of Blades II: The Infernal Battlefield, also sent his congratulations via video, expressing hope for continued collaboration and for the creation of more outstanding Chinese-language stories.

"If the dance steps of a people disappear, that chapter of history will also lose its voice." Over the past 50 years, Gao Du and his team have traveled across more than 20 provinces and autonomous regions throughout China, venturing deep into remote mountains and visiting people's courtyards and fireside gatherings. They learned from local communities dances that had no names, no stages and sometimes not even an audience, devoting themselves to the creation of the Chenxiang series.

Gao Du said he would continue dancing, both in the classroom and on larger stages, bringing folk dance traditions rooted in the land to the world and fostering dialogue among different cultures, so that the world can see the beauty of the East.

Wu Qingcai, Deputy Editor-in-Chief of China News Service, presented Xu Mengtao with the Global Chinese Award. Xu shared that August 13, 2026, marked exactly 24 years since she began competing in the aerials discipline of snow sports. She hopes everyone can create something extraordinary through perseverance and dedication. "In the future, I will once again stand on the starting platform and set off again. See you again at the summit."

As one of the creators of the song Tomorrow Will Be Better, Sylvia Chang said that she and fellow Chinese-language singers hope to use music to build a bridge for peaceful communication. She expressed gratitude for being able to continue pursuing a career she loves and for having a wonderful family. "I hope to share this gratitude and these blessings with everyone."

At the ceremony, the host recounted the eight-character motto that Academician Zhang Boli has followed throughout his life: "Uphold virtue to broaden its influence; use medical skills to serve humanity." Now approaching 80, Zhang Boli continues to see patients at a clinic every week. When patients have difficulty walking, he takes the initiative to go downstairs and see them in their cars.

Zhang Boli said that the concepts of traditional Chinese medicine—including health preservation, wellness and preventive treatment—represent one of the best practices of "proactive health management." Looking to the future with the compassion of a physician, he said: "Let traditional Chinese medicine benefit Chinese people around the world, and let traditional Chinese medicine benefit people everywhere. The world will be healthier because of traditional Chinese medicine."

It is reported that the "YOU BRING CHARM TO THE WORLD — Global Chinese Awards" was initiated by Phoenix Media Group in collaboration with China News Service and numerous Chinese-language media organizations in China and overseas. Together, they select and honor outstanding Chinese people who have achieved excellence and made a global impact in different fields, helping to amplify the achievements of exceptional Chinese individuals and inspire more generations to come.

Hashtag: #PhoenixTV

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

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