HONG KONG SAR - Media OutReach Newswire - 30 April 2026 - Phancy Group Co., Ltd. (Stock Code: 6682.HK) announced today that it proposes to purchase GPU servers and related accessories at a total consideration of RMB 400 million. The servers are applicable for model inference and training, and will be deployed in the Group's API business to meet the rapidly growing market demand for API calls.
Phancy's API business continues to show robust momentum. In Q1 2026, customer Token call volume surged more than 400% compared to Q4 2025, with month-on-month growth multiplying throughout the quarter. The timely deployment of new computing resources will further underpin the sustained and rapid expansion of the business.
Leveraging its leading vGPU technology and extensive experience in large model adaptation, Phancy is able to continuously improve Token call efficiency under the same computing power scale and fully unlock the value of computing resources. This enable the Group to better capture opportunities in the Token economy and establish a solid hardware foundation for large-scale business growth.
This expansion highlights Phancy's long-term commitment to scaling its computing infrastructure. The Company plans to continue investing to meet the strong growth in its API business and capture opportunities in the Token economy.
Hashtag: #Phancygroup
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
SINGAPORE - Media OutReach Newswire - 30 April 2026 - As higher education continues to evolve beyond academic achievement, Singapore Institute of Management Global Education (SIM GE) is reinforcing its commitment to holistic student development through Project 1095, a strategic initiative designed to maximise every day of a student's three-year university journey.
Built on the belief that university life extends far beyond lectures and examinations, Project 1095 represents SIM GE's vision of a fully integrated student experience where academic learning is complemented by co-curricular engagement leadership development and personal growth. At the heart of this initiative lies a vibrant ecosystem of student clubs which play a pivotal role in shaping a meaningful and transformative university experience.
With more than 80 student led clubs across sports arts culture special interest groups and student governance SIM GE provides students with diverse opportunities to explore their passions, build communities and develop essential life skills.
A Structured Approach to Holistic Education
Project 1095 named after the 1095 days that make up a typical three-year university programme offers a structured framework that encourages students to make the most of their time on campus. Rather than viewing student life as supplementary, SIM GE positions it as an integral part of the educational journey.
Through this framework student clubs serve as practical platforms for experiential learning, enabling students to apply classroom knowledge in real world settings. Whether organising large scale campus events, leading committees or collaborating with peers from diverse backgrounds, students gain hands on experience that fosters confidence, adaptability and resilience.
Fostering Belonging in a Diverse Campus Community
Beyond skills development, student clubs are instrumental in cultivating a strong sense of belonging among SIM GE's diverse student population. With a wide range of international cultural and interest-based groups, students can connect with like-minded peers while also broadening their perspectives through cross cultural interaction.
Project 1095 emphasises this aspect of community building, recognising that a supportive and engaging campus environment contributes significantly to overall student wellbeing and success. By participating in club activities students are encouraged to form meaningful relationships and create lasting memories throughout their university journey in SIM.
Preparing Future Ready Graduates
As employers increasingly seek graduates with strong interpersonal and leadership skills, SIM GE's focus on co-curricular engagement aligns closely with industry expectations. Through its student clubs and Project 1095 framework, students actively take on roles such as organising campus wide events, leading club committees, managing projects and collaborating with peers across diverse backgrounds. These hands-on experiences enable students to develop critical competencies including leadership, communication, teamwork and problem solving in real world settings. For instance, students gain practical exposure by planning large scale events, coordinating with stakeholders and taking ownership of initiatives, allowing them to translate classroom knowledge into actionable skills.
Through Project 1095, SIM GE aims to produce well rounded graduates who are not only academically prepared but also equipped with confidence and global outlook needed to thrive in an evolving workforce.
Making Everyday Count
Project 1095 underscores SIM GE's belief that university is more than earning a degree, it is about making every one of the 1095 days meaningful. By embedding student clubs and co-curricular experiences into the student journey, SIM GE delivers a holistic education that goes beyond the classroom. Through these experiences, students are empowered to grow, build connections and develop the skills needed to thrive in a dynamic global environment.
References
- Life at SIM CCA - https://www.sim.edu.sg/degrees-diplomas/life-at-sim/co-curricular-activities
- SIM Global Education – https://www.sim.edu.sg
- Project 1095 – https://project1095.simge.edu.sg
- Building Leadership Through CCAs Enhancing the SIM Experience - https://regional.simge.edu.sg/en/building-leadership-through-ccas-enhancing-the-sim-experience/
Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills
https://www.sim.edu.sg/
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor's and master's degree programmes with some of the world's most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE's cohort is made up of 17,000 full- and part-time students and adult learners, of which approximately 41% are international students hailing from over 50 countries.
SIM GE's holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit www.sim.edu.sg
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
