HONG KONG, Nov 24, 2025 - (ACN Newswire via SeaPRwire.com) – On 24 November, Chuangxin Industries Holdings Limited (“Chuangxin Industries” or the “Company”, 02788.HK), a leading integrated producer of electrolytic aluminum and alumina in China, was officially listed on the Main Board of the Hong Kong Stock Exchange. The Company offered a total of 500 million shares globally, with approximately 10% under the Hong Kong Public Offering and approximately 90% under International Offering. The Hong Kong public Offering was oversubscribed by 447.2 times. The final offer price was HK$10.99 per share, with a board lots of 500 shares, raising gross proceeds of approximately HK$ 5,495 million from the global offering. Seventeen cornerstone investors — including Hillhouse, China Hongqiao, Taikang Life, Glencore AG, and Mercuria — subscribed for an aggregate of US$351 million at the offer price, representing nearly 50% of the global offering. As of today’s market close, the Company recorded a strong trading debut, closing at HK$14.59, up 32.76%.Driven by Green Energy and Integrated Strengths to Shape a New Landscape in the Aluminum IndustryChuangxin Industries focuses on the aluminum industry, specializing in alumina refining and aluminum smelting, with operations spanning the production and sales of both electrolytic aluminum and alumina products. The Company has built an integrated ecosystem covering “energy — alumina refining — aluminum smelting”. Since 2012, the Company has established a strong presence in two resource-rich regions—Huolinguole, Inner Mongolia and Binzhou, Shandong Province—achieving a high degree of self-sufficiency in alumina and electricity supply. Leveraging stable, low-cost electricity, the Company maintains efficient production and enhances operational performance. In 2024, its alumina self-sufficiency rate reached approximately 84% and electricity self-sufficiency rate about 88%, significantly above the industry average. At the same time, the Company continues to invest in R&D, advance the integration of the aluminum value chain, and accelerate its green transition to build a more efficient and sustainable production model. At the listing ceremony, Mr. Cui Lixin, Chairman of Chuangxin Industries, stated: “The successful listing of Chuangxin Industries marks a new starting point for us to drive transformation across talent, products, energy and capital. We will further strengthen our advantages in cost, quality, technology and service, and focus on globalization, green development, high-end manufacturing and intelligent innovation, accelerating our journey toward becoming a green aluminum industry group in the global market.”Mr. Cui Lixin, Chairman and Non-executive Director of Chuangxin Industries, attended the listing ceremony at the Hong Kong Stock Exchange.Chuangxin Industries fully explores wind and solar energy to establish a stable green power aluminum business. Several of its self-owned wind and solar plants have already commenced operation, and the Company plans to increase the proportion of green energy usage to over 50% by the end of 2026. This not only helps reduce electricity costs but also enhances the Company’s long-term sustainability. Leveraging its integrated ecosystem and low-cost power advantages, the Company maintains strong competitiveness in operations, production capacity, and raw material supply. Based on its 2024 production output, Chuangxin Industries’ aluminum smelter in Huolinguole, Inner Mongolia has become the fourth-largest electrolytic aluminum production base in North China. Its high-quality, low-carbon products further strengthen the Company’s competitive position in both domestic and international markets.Over the past few years, the Company has maintained steady growth in its performance. Revenue increased from RMB 13.49 billion in 2022 to RMB 13.815 billion in 2023, and further to RMB 15.163 billion in 2024. For the first five months of 2025, revenue reached RMB 7.214 billion, representing a year-on-year increase of 22.6%. Benefiting from the synergies between its alumina and electrolytic aluminum businesses and its low-cost advantages, the Company’s gross profit margin has improved each year, rising from 15.1% in 2022 to 16.9% in 2023 and further to 28.2% in 2024. Net profit rose from RMB 913 million in 2022 to RMB 1.081 billion in 2023, and surged further to RMB 2.63 billion in 2024. This consistent growth demonstrates not only the strong resilience of the Company’s core business but also its ability to navigate market volatility, laying a solid foundation for continued expansion in domestic and overseas markets.Capturing Market Opportunities and Advancing Capacity and Overseas ExpansionAccording to CRU, global electrolytic aluminum consumption is expected to grow at a CAGR of 1.6% from 2025 to 2028, while China’s annual demand gap for electrolytic aluminum is projected to exceed one million tonnes and last until 2034.The report also indicates that China is the world’s largest electrolytic aluminum market, with an industry scale of approximately RMB 897 billion in 2024, accounting for around 71% of global demand, and is expected to maintain its leading position in 2028. In response to the sustained growth in market demand and the structural supply gap, Chuangxin Industries focuses on the two most value-added segments—alumina refining and aluminum smelting. Leveraging its integrated ecosystem of “energy – alumina refining – aluminum smelting”, the Company continues to enhance production efficiency and operational performance. Its electrolytic aluminum output per capita reached approximately 590 to 670 tonnes, 2.2 to 2.6 times the industry average. In 2024, the Company achieved an alumina self-sufficiency rate of about 84% and an electricity self-sufficiency rate of about 88%, while maintaining a cash cost of approximately RMB 15,112 per tonne of electrolytic aluminum, ranking in the top 5% in China and top 30% globally— demonstrating its strong capabilities in cost control and capacity management. Beyond the China market, CRU forecasts that electrolytic aluminum demand in the Middle East and Southeast Asia will grow at CAGRs of approximately 4.6% and 3.0%, respectively, from 2025 to 2028, with the Middle East well-positioned to absorb capacity due to its energy advantages. The Company’s integrated electrolytic aluminum project launched in Saudi Arabia is built upon these regional growth trends and energy-related advantages, laying a critical foundation for its overseas capacity deployment and aligning with the global shift of aluminum production toward low-energy-consumption regions. As demand for aluminum continues to rise in emerging sectors such as new energy vehicles, photovoltaics and energy storage—while global supply remains constrained by environmental requirements and capacity approval policies— Chuangxin Industries is leveraging its high self-sufficiency, cost competitiveness and expanding overseas footprint to effectively capture market opportunities, underscoring its leading position and long-term growth potential.Looking ahead, the Company will make full use of the proceeds from the listing to further expand production capacity, enhance technology and R&D capabilities, and strengthen market competitiveness. The proceeds will be primarily used for overseas production capacity expansion, green energy projects, as well as working capital and general corporate uses. The combination of global demand growth, China’s structural supply gap, and the rising demand potential in the Middle East enables the Company’s investments to secure an early presence in key growth markets and establish a more resilient supply chain system. Supported by advanced technology and its integrated ecosystem, Chuangxin Industries will continue to enhance the competitiveness of its core businesses, expand its presence in domestic and international markets, promote the sustainable development of its electrolytic aluminum and alumina operations, consolidate its market position, capture industry growth opportunities, and demonstrate its strength and vision as a leading enterprise in China’s green aluminum industry. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

PENANG, Malaysia, Nov 24, 2025 - (ACN Newswire via SeaPRwire.com) - TransNusa today marked another significant milestone in its regional expansion strategy with the inauguration of its Jakarta–Penang route, further strengthening the airline's growing presence across Southeast Asia.The new service underscores TransNusa's commitment to enhancing international connectivity while supporting rising travel demand between Indonesia and Malaysia.The first scheduled flight on the route took off this morning, with operations initially set for Monday, Wednesday, and Friday. Beginning December 1, the airline will transition to daily flights, with plans to increase frequency in 2026 as part of its broader network growth roadmap.Expanding Network Connectivity in MalaysiaTransNusa Group CEO Dato' Bernard Francis said the launch of the Jakarta–Penang service is a strategic step aligned with the airline's vision of expanding access to major regional hubs."Penang International Airport (PIA) is Malaysia's second-busiest airport and provides access to more than 20 international and domestic destinations," he said."It has become the strongest alternative to KLIA, offering robust long-term incentive structures that many secondary airports in the region do not yet provide. This made the Jakarta–Penang route not only viable but highly strategic for our network expansion."Dato' Francis noted that the route was realised in under six months through close collaboration with Tourism Malaysia and Penang International Airport, reflecting strong cross-border support to improve passenger mobility.Strengthening Regional PresencePenang becomes TransNusa's third active route connecting Indonesia and Malaysia, following Jakarta–Kuala Lumpur. The airline's growing presence in Malaysia reinforces its ambition to become a key player in the region's travel segment.With Visit Malaysia 2026 approaching, TransNusa continues to work with Tourism Malaysia to boost bilateral travel, including promotional activities, trade engagements, and connectivity support for industry stakeholders.Flight DetailsTransNusa's scheduled flight 8B 633 will depart Soekarno–Hatta International Airport at 5:30am and arrive at Penang International Airport at 9:00am. The returning service, 8B 632, will depart Penang at 9:30am and land in Jakarta at 10:55am.Fares for TransNusa's scheduled Penang–Jakarta route start from IDR1.199.000, RM299, CNY520, USD75, AUD109, and SGD100.For its international flights, TransNusa not only provide premium services with competitive ticket prices, but the airline also has attractive product bundles called SEAT, SEAT-PLUS and FLEXI-PRO. "Our passengers will enjoy check-in baggage 20kgs," Datuk Bernard said, explaining that the baggage offering was over and above the 7kgs limit offered as a passenger's hand carry."For the highest package, FLEXI-PRO, we provide services such as free baggage up to 30kgs, free to choose seats, free food, and drinks, priority at check-in and boarding counters," Datuk Bernard explained.In addition, TransNusa also provides its FLEXI-PRO passengers with the flexibility to change their flight schedule without restrictions and obtain refund when needed." added Datuk Bernard.TransNusa, which aims to ensure its passengers travel with ease and comfort, has also configured their A320s with a 174-seat configuration, which allows for passengers to enjoy about 30 inches of legroom, comparable to the experience passengers would get in a full-service airline."We are committed to providing affordable and competitive ticket prices, while still providing premium services to our customers." stressed Datuk Bernard.Datuk Bernard Francis...TransNusa is strengthening its connectivityTransNusa, A Short HistoryThe 3-year old TransNusa, led by aviation expert and veteran, Datuk Bernard made waves in the aviation industry with its unique domestic and international business development and growth strategy.Within just 6 months of operations, in 2023, the airline, known then as a new player with new rules, launched its first international route between Jakarta and Kuala Lumpur, followed by the launch of scheduled flights between Jakarta and Singapore.TransNusa, which established itself as a Premium Service Carrier, made headlines in Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia to introduce new exciting routes. In 2023, during its first year of operations, TransNusa became the second Indonesian airline to receive approval to fly to China. In 2024, TransNusa became the first in the world to develop and introduce a new domestic route connecting Bali and Manado. In October 2025, TransNusa added yet another milestones by becoming the first Indonesian airline and second airline in the world to launch scheduled flights from Manado to Guangzhou, China.MEDIA CONTACTTrina Thomas RajMobile: +6012 4992672E-mail: trina@myqaseh.org Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Belem, Brazil, Nov 24, 2025 - (ACN Newswire via SeaPRwire.com) - PT PLN (Persero) reaffirmed its role as the driving force of Indonesia's decarbonization agenda by advancing the development of a national carbon market aligned with global standards. This commitment was conveyed during a panel discussion titled "Scaling-Up Carbon Markets: Opportunities for Global Collaboration" at COP30 in Belém, Brazil, where PLN outlined concrete plans to enhance integrity, transparency, and the interoperability of Indonesia's carbon market with international systems.Hanif Faisol Nurofiq (L) with the Norwegian Minister of Climate and Environment, Andreas Bjelland Eriksen (R), the Director of Technology, Engineering, and Sustainability at PLN, Evy Haryadi (2nd from L), and the Executive Director of the Global Green Growth Institute (GGGI), Sang-Hyup Kim (2nd from R) after the signing of the Mutual Expression of Intent for the Generation-Based Incentive Programme between PLN and GGGI at the Indonesia Pavilion in Belém, Brazil during COP 30 - the 30th Conference of the Parties. (13/11).Deputy Speaker of the People's Consultative Assembly of the Republic of Indonesia (MPR RI) Eddy Soeparno emphasized that Indonesia's success in sustaining low-carbon economic growth depends heavily on regulatory consistency and collaboration among stakeholders—both domestically and globally. COP30, he said, represents a pivotal moment for Indonesia to demonstrate its readiness to lead a credible carbon ecosystem in the region."Indonesia must send a clear signal that we are ready to build a transparent, measurable carbon ecosystem capable of creating real economic value. Cross-sector policy alignment is no longer optional—it is essential for our carbon market to truly become the hub of regional collaboration," Eddy stated.Meanwhile, the Director of Carbon Economic Value Governance at the Ministry of Environment of the Republic of Indonesia, Ignatius Wahyu Marjaka, affirmed that Indonesia has prepared strategic measures aligned with international carbon trading standards and mechanisms. These efforts include collaboration with partner countries, global certification bodies, and the development of platforms that integrate domestic and international carbon trading instruments."Indonesia has actually begun developing international carbon market policies by introducing bilateral agreements with several partner countries, including Norway," Wahyu explained.He added that strengthening the integrity of the carbon market remains a national priority, particularly in improving cross-sector understanding, infrastructure readiness, and governance capacity. Wahyu stressed that technology, transparency, and accountability are key elements in ensuring Indonesia's credibility in the global carbon market.PLN's Director of Technology, Engineering, and Sustainability, Evy Haryadi, explained that Indonesia holds vast potential to build a robust carbon ecosystem, and PLN is ready to serve as its catalyst.In the Electricity Supply Business Plan (RUPTL) 2025–2034, PLN targets the addition of 52.9 GW of renewable energy, including baseload, variable energy, and energy storage systems."PLN's renewable energy expansion potential could generate up to 250 million tons of green attributes. This is not just regulatory compliance, but a real opportunity to create green economic value and accelerate the national energy transition. PLN is ready to be the catalyst that ensures a credible carbon market," Evy said.PLN guarantees that each issuance of carbon credits meets global standards and follows the key principles of high-integrity carbon. PLN continues to strengthen international collaboration, including with the Government of Norway, focusing on scheme and governance development, capacity building, and harmonization of global standards with national policies—ensuring Indonesian carbon credits are accepted in international markets.PLN asserts that these efforts reflect Indonesia's contribution to playing a strategic role in the global climate agenda while delivering reliable, affordable, and sustainable energy for all.About PLNPT PLN (Persero) is Indonesia's state-owned electricity company, committed to continuous innovation and delivering the best service to its customers. PLN drives its Transformation 2.0 agenda with the vision of becoming a Top 500 Global Company and the No. 1 choice for energy solutions. This is achieved through sustainable business growth, end-to-end digitalization, energy transition initiatives supporting Net Zero Emissions (NZE), and the development of world-class human capital. https://web.pln.co.id Contact:Gregorius Adi TriantoExecutive Vice President, Corporate Communications & CSR, PLNTel. +62 21 7261122Fax. +62 21 7227059 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

JAKARTA, Nov 24, 2025 - (ACN Newswire via SeaPRwire.com) - PT Impack Pratama Industri Tbk (IMPC) is making one of its most ambitious moves, pledging an investment of nearly Rp250 billion (USD ~15 million) by 2026 to establish the Impack Polymer Science Institute (IPSI). This capital commitment is more than a milestone for IMPC, it is a bold investment in Indonesia's future workforce and economic progress.IMPC Commits Rp250B (US$15M) to Build ASEAN's Leading Polymer Training Center.IPSI is envisioned to become ASEAN's most respected polymer/plastics learning hub, serving industry players, students, and professionals interested in the polymer industry. Its initial purpose is clear and urgent: to close Indonesia's skills gap, reduce unemployment, enhance workforce quality, and accelerate innovation.At the core of ISPI's credibility is its partnership with SKZ - German Plastics Center (SKZ - Das Kunststoff Zentrum), one of Germany's and the world's most influential plastics institutes. With over 60 years of experience shaping global standards, SKZ now extends its expertise to Indonesia through IPSI.Through an intensive 'Train the Trainer' program, IPSI's lead instructors will be mentored directly by SKZ's experts with both strong academic backgrounds and industrial experience. This gives IPSI an immediate competitive edge, launching not as a local training center, but as an internationally recognized education hub."In a time of rapid industrial change, technological innovations, and global economic uncertainty, building a stronger talent pool is no longer optional, it's essential," said Haryanto Tjiptodihardjo, the President Director of IMPC. "By investing in IPSI, we are opening access to world-class training, empowering people to secure better jobs, earn higher incomes, and build a more resilient future as their skills grow."And this is exactly what 'Doing Well by Doing Good' means to us, creating long-term added value for the business by doing the greater good, such as uplifting the income of people and communities. Our investment of approximately Rp250 billion (roughly USD15 million) into IPSI, covering world-class polymer training and state-of-the-art facility development, stands as a clear testament to that commitment," continued Haryanto."For us at SKZ, it is a great honour and recognition to be part of this commitment. The IPSI concept is well thought out, designed to meet people's needs, and is set to be a success. With our international 'Train the Trainer' programme, we are making an important contribution to this," added Matthias Ruff, the Head of Sales Training & Research, Procuration at SKZ.Beyond IPSI, IMPC is also allocating Rp150 billion (USD ~9 million) for R&D over the next five years through its Impack Research and Innovation Center (IRIC), strengthening innovation across its building products and processing technologies. With these strategic investments and partnership, IMPC is not just leading the polymer industry, it is defining its future, creating enduring value for its stakeholders and for Indonesia.About SKZ – KFE gGmbhFounded in 1961, SKZ – Das Kunststoff-Zentrum (The German Plastics Center) is Europe's and the world's leading authority in polymer technology, recognized worldwide for its expertise in quality testing, certification, and industry-focused education. With over 60 years of experience, 13.000 participants, and more than 600 training and knowledge-transfer programs conducted annually, SKZ plays a pivotal role in advancing global plastics competency. Its research efforts focus on practical, market-driven innovation and continuous improvement of production technologies. https://www.skz.de/en About PT Impack Pratama Industri TbkThe Company was founded in 1981 and listed on the Indonesian Stock Exchange on December 17, 2014 under the code "IMPC." The Company's main business activity is the production and distribution of building materials and plastic goods. The Company has a wide range of products classified into three segments namely roofing, façade, and materials. To date, the Company still holds the position as the market leader for its main products that the Company markets under the popular brands of SolarTuff, TwinLite, and Alderon. https://www.impack-pratama.com.For further information, please contact:Lenggana LinggawatiCorporate SecretaryPT Impack Pratama Industri TbkEmail: corporate.secretary@impack-pratama.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com