SINGAPORE, April 14, 2026 /PRNewswire/ -- Midea Building Technologies (MBT), a business unit of Midea Group, together with Keppel Ltd.'s Infrastructure Division (Keppel), has entered into a strategic collaboration agreement to jointly develop AI-enabled, energy-efficient cooling solutions across Asia. The signing was witnessed by Ms Cindy Lim, CEO of Keppel's Infrastructure Division and Mr Peter Guan, Vice President of Midea Group and President of MBT.
The non-exclusive collaboration will combine MBT's capabilities in heating, ventilation, and air conditioning manufacturing and intelligent building systems with Keppel's strengths in Cooling-as-a-Service (CaaS) and digital optimisation, to co-develop standardised, modular cooling systems. Implementation of the modular cooling system in specific projects will be carried out through project agreements separately negotiated by Keppel and MBT on a case-by-case basis.
It is envisaged that the jointly developed modular cooling systems will offer a flexible, capex-light solution that can be deployed and scaled across multiple sectors, which will enhance the energy efficiencies of cooling processes while reducing the complexity of on-site installation.
By adopting a modular, pre-engineered approach, Keppel can pre-fabricate cooling modules and assemble them onsite. The modular cooling systems will be connected to Keppel's state-of-the-art Operations Nerve Centre (ONC). The ONC, in turn, runs on Keppel's proprietary digital platform, Infrastructure Intelligence (II), which leverages AI and machine learning for real-time monitoring and performance advanced analytics, allowing the cooling modules to be managed remotely around the clock.
When combined with MBT's smart equipment, IoT sensors and intelligent building management systems, it is expected that the AI-enabled cooling solution will be able to offer enhanced operational reliability, improved energy efficiency and reduced lifecycle carbon emissions generated from cooling processes.
As part of the collaboration, both companies will establish an AI-first Centre of Excellence, a collaborative platform, to facilitate engineering, standardisation, optimisation and replication across potential projects. Target sectors include data centres, advanced manufacturing and industrial parks, healthcare and education campuses, aviation hubs, integrated developments and retrofit projects.
Mr Peter Guan, Vice President of Midea Group and President of MBT, said: "This partnership unlocks the full potential of industrialised AI for cooling. MBT brings scalable manufacturing, equipment-level intelligence, and proven modular architectures that can be rapidly replicated across cities and sectors. Together with Keppel's operational platforms, we are moving from one-off projects to repeatable, standardised solutions – making sustainable cooling accessible and affordable at scale."
Mr Poh Tiong Keng, Executive Director, Energy-as-a-Service, Keppel, said, "This collaboration further strengthens our ability to develop and deploy next-generation cooling solutions across Asia. By combining Keppel's Operations Nerve Centre and deep operating capabilities with Midea's engineering and manufacturing strengths, we are helping to accelerate the adoption of intelligent, AI-enabled infrastructure at scale across multiple sectors. We look forward to building on Keppel's ongoing collaboration with Midea, which includes Keppel's HDB Tengah Centralised Cooling Systems project in Singapore."
About Midea
Midea Group Co., Ltd. (000333.SZ, 00300.HK) is an international tech-leading company ranked #246 at 2025's Fortune Global 500. Midea Group's business comprises smart home, industrial technology, building technology, robotics and automation, new energy, healthcare, and smart logistics. Midea's globally 65 production centers and over 190,000 employees in more than 200 countries and regions generated an annual revenue of more than USD 64.3 billion in 2025. Midea's 41 worldwide innovation centers and the strong commitment to R&D have resulted in more than 90,000 authorized patents to-date.
About Keppel
Keppel Ltd. (SGX:BN4) is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Headquartered in Singapore, Keppel operates in more than 20 countries worldwide, providing critical infrastructure and services for renewables, clean energy, decarbonisation, sustainable urban renewal and digital connectivity. Keppel creates value for investors and stakeholders through its quality investment platforms and diverse asset portfolios, including private funds and listed real estate and business trusts.
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Midea and Keppel Partner to Collaborate on AI-Enabled Modular Cooling Solutions Opportunities across Asia
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SHANGHAI, April 14, 2026 /PRNewswire/ -- The 2nd International Symposium on Yeast Protein Science and Technology, co-hosted by Angel Yeast (SH600298), was held on April 11, 2026 in Yichang, drawing a global audience of over 350 leading researchers and senior industry executives. The symposium serves as a leading industry platform in the alternative protein sector, bringing together stakeholders to accelerate innovation, strengthen international collaboration, and support the development of more nutrition-focused, health-conscious, and sustainable food systems, reflecting the expanding role of yeast protein in the global protein landscape.
Sun Baoguo and Chen Jian, both Members of the Chinese Academy of Engineering (CAE), and Zhou Weibiao, Member of the Singapore National Academy of Science, delivered the keynote addresses. Sun noted that the global food tech landscape was being reshaped, with Asia's research now reaching international competitiveness. Chen highlighted that biomanufacturing could soon contribute one-third of global manufacturing output, emphasizing that the industry's success depended on sustainable strain breeding and optimized production. Drawing on Singapore's experience, Zhou underscored that geopolitical volatility had intensified the need for food self-sufficiency, while identifying consumer acceptance as a key challenge for commercialization.
The three academicians praised recent breakthroughs in yeast protein research and industrialization, calling yeast protein an effective response to global challenges and a hallmark of "new quality productive forces" and "future food."
"Yeast protein is undoubtedly a critical category," Zhou stated. "Our ultimate goal is to move it beyond being just a 'alternative' and make it a staple for everyday consumers. This is a collective effort."
A marquee moment of the gathering was the global unveiling of the White Paper of Yeast Protein (Saccharomyces cerevisiae). The publication delivers a consolidated, data-driven overview of the latest advances in nutritional science, clinical health outcomes, regulatory milestones, and scalable manufacturing. It positions microbial fermentation as a viable, long-term solution to emerging global protein supply challenges.
Complementing the release, Angel Yeast launched two new yeast protein products: AngeoPro™ Yeast Protein Hi90-A and Yeast Protein S80-A. Hi90-A delivers a high protein content of 88%, offering a smooth mouthfeel and neutral flavor profile ideal for the demanding requirements of premium sports nutrition and specialized dietary groups, while S80-A offers complete water solubility, targeting emerging and fast-growing segments such as ready-to-drink (RTD) beverages and protein-fortified waters. Angel also launched other new products including functional yeast proteins with high gelation and high leucine content.
The technical session offered a granular look at yeast protein research and its expanding application landscape. Sessions detailed its proven efficacy in sports performance recovery, sarcopenia mitigation, gastric mucosal protection, and intestinal barrier modulation. International voices from the United States, the Netherlands, Belgium, India, and Israel shared the latest advances in yeast protein science and its cross-sector applications. During the discussions, Manish Chauhan, Co-Founder of Arboreal, an India-based company that has been instrumental in introducing and promoting yeast protein in India, noted a growing consensus that yeast protein is evolving from an "alternative protein" into a "the third protein," poised to become a mainstream protein.
The symposium also served as a catalyst for tangible deal flow. Beijing Technology and Business University formalized a joint research initiative with Angel Group, and five major domestic and international food brands signed strategic partnership agreements on the sidelines. An on-site exhibition showcased use cases of the Angeopro yeast protein portfolio, spanning performance nutrition, healthy aging, functional foods, and mainstream dietary staples. Following the event, attendees toured Angel Yeast's state-of-the-art manufacturing campus for a firsthand look at commercial-scale production capabilities.
"This symposium provides an important platform for the global community to exchange insights, align on priorities, and drive shared momentum," said Xiong Tao, Chairman of Angel Yeast. "We are eager to deepen our collaboration with experts, academics, and industry partners—strengthening technology development, sharing best practices, and accelerating the transition from research to market. Through continuous scientific innovation, Angel Yeast is dedicated to supporting global food security and making premium nutrition both accessible and affordable for all."
SHANGHAI, April 14, 2026 /PRNewswire/ -- The 2nd International Symposium on Yeast Protein Science and Technology, co-hosted by Angel Yeast (SH600298), was held on April 11, 2026 in Yichang, drawing a global audience of over 350 leading researchers and senior industry executives. The symposium serves as a leading industry platform in the alternative protein sector, bringing together stakeholders to accelerate innovation, strengthen international collaboration, and support the development of more nutrition-focused, health-conscious, and sustainable food systems, reflecting the expanding role of yeast protein in the global protein landscape.
Sun Baoguo and Chen Jian, both Members of the Chinese Academy of Engineering (CAE), and Zhou Weibiao, Member of the Singapore National Academy of Science, delivered the keynote addresses. Sun noted that the global food tech landscape was being reshaped, with Asia's research now reaching international competitiveness. Chen highlighted that biomanufacturing could soon contribute one-third of global manufacturing output, emphasizing that the industry's success depended on sustainable strain breeding and optimized production. Drawing on Singapore's experience, Zhou underscored that geopolitical volatility had intensified the need for food self-sufficiency, while identifying consumer acceptance as a key challenge for commercialization.
The three academicians praised recent breakthroughs in yeast protein research and industrialization, calling yeast protein an effective response to global challenges and a hallmark of "new quality productive forces" and "future food."
"Yeast protein is undoubtedly a critical category," Zhou stated. "Our ultimate goal is to move it beyond being just a 'alternative' and make it a staple for everyday consumers. This is a collective effort."
A marquee moment of the gathering was the global unveiling of the White Paper of Yeast Protein (Saccharomyces cerevisiae). The publication delivers a consolidated, data-driven overview of the latest advances in nutritional science, clinical health outcomes, regulatory milestones, and scalable manufacturing. It positions microbial fermentation as a viable, long-term solution to emerging global protein supply challenges.
Complementing the release, Angel Yeast launched two new yeast protein products: AngeoPro™ Yeast Protein Hi90-A and Yeast Protein S80-A. Hi90-A delivers a high protein content of 88%, offering a smooth mouthfeel and neutral flavor profile ideal for the demanding requirements of premium sports nutrition and specialized dietary groups, while S80-A offers complete water solubility, targeting emerging and fast-growing segments such as ready-to-drink (RTD) beverages and protein-fortified waters. Angel also launched other new products including functional yeast proteins with high gelation and high leucine content.
The technical session offered a granular look at yeast protein research and its expanding application landscape. Sessions detailed its proven efficacy in sports performance recovery, sarcopenia mitigation, gastric mucosal protection, and intestinal barrier modulation. International voices from the United States, the Netherlands, Belgium, India, and Israel shared the latest advances in yeast protein science and its cross-sector applications. During the discussions, Manish Chauhan, Co-Founder of Arboreal, an India-based company that has been instrumental in introducing and promoting yeast protein in India, noted a growing consensus that yeast protein is evolving from an "alternative protein" into a "the third protein," poised to become a mainstream protein.
The symposium also served as a catalyst for tangible deal flow. Beijing Technology and Business University formalized a joint research initiative with Angel Group, and five major domestic and international food brands signed strategic partnership agreements on the sidelines. An on-site exhibition showcased use cases of the Angeopro yeast protein portfolio, spanning performance nutrition, healthy aging, functional foods, and mainstream dietary staples. Following the event, attendees toured Angel Yeast's state-of-the-art manufacturing campus for a firsthand look at commercial-scale production capabilities.
"This symposium provides an important platform for the global community to exchange insights, align on priorities, and drive shared momentum," said Xiong Tao, Chairman of Angel Yeast. "We are eager to deepen our collaboration with experts, academics, and industry partners—strengthening technology development, sharing best practices, and accelerating the transition from research to market. Through continuous scientific innovation, Angel Yeast is dedicated to supporting global food security and making premium nutrition both accessible and affordable for all."
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Second International Symposium on Yeast Protein Science and Technology Concludes in Yichang
Second International Symposium on Yeast Protein Science and Technology Concludes in Yichang
