Month: April 2026

These recent efforts underscore the importance of rescue organizations partnering with local
shelters and agencies to maximize positive outcomes for animals in need

NASHVILLE, Tenn., April 24, 2026 /PRNewswire/ — While Animal Rescue Corps (ARC), a national nonprofit animal protection organization, is widely known for responding to large-scale cruelty and abandonment cases, much of its impact is driven through ongoing collaboration with shelter and rescue partners working on the front lines every day.

In recent weeks, ARC has supported multiple partner organizations across Tennessee, stepping in to provide resources, transport and care for vulnerable animals in need of immediate assistance and safe placement.

“These types of collaborations are happening every day,” said ARC Executive Director Tim Woodward. “Our partners are often facing urgent situations with limited resources, and we’re able to step in to help stabilize those cases and create positive outcomes for the animals.”

Recently, ARC provided support to area partners in Tennessee, including:

• In Alamo, ARC worked alongside Crockett County Pound & Rabies Control to assist with 18 mixed-breed puppies between 6 and 8 weeks old from three separate litters that had been surrendered. A pit bull mother and her nine 4-week-old puppies who were abandoned were also brought to the ARC facility.
• In Nashville, ARC partnered with Metro Animal Care and Control (MACC) to support nine senior Chihuahuas rescued from a cruelty and neglect case who needed specialized care and medical attention.

Animals assisted through these partnerships are transported to ARC’s rescue center outside Nashville, where they receive veterinary care, proper nutrition and individualized attention. Once they are medically and behaviorally ready, ARC works with a trusted network of placement partners to transition them into permanent, loving homes.

According to Shelter Animals Count, more than 5.8 million dogs and cats entered U.S. animal shelters and rescues in 2025 and about 4.2 million were adopted.

“Rescue is a team effort,” Woodward added. “By working together, ARC and its partners are able to expand capacity, relieve overcrowding and ensure more animals receive the care they deserve. We can reach more animals and make a greater impact every single day.”

To make a donation to continue these efforts, visit animalrescuecorps.givecloud.co/donate. For more information about ARC’s work and how to support ongoing rescue efforts, visit animalrescuecorps.org/.

About Animal Rescue Corps

Since 2010, Animal Rescue Corps (ARC), a national animal protection nonprofit organization, has provided large-scale animal rescue for communities that lack resources to address abuse. In addition to emergency rescue, ARC offers education and shelter relief. ARC’s mission is to end animal suffering through direct and compassionate action and to inspire the highest ethical standards of humanity towards animals. In 2025, ARC Executive Director Tim Woodward was honored as a CNN Hero and selected as one of five finalists for the CNN Hero of the Year award. To learn more about Animal Rescue Corps, visit animalrescuecorps.org/.

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SOURCE Animal Rescue Corps

• Hyundai Motor advances a renewed China strategy anchored in its ‘In China, For China, To Global’ approach
• IONIQ V debuts as the first dedicated IONIQ production model for China, tailored to local customer needs and expectations
• China positioned as a strategic hub for EV innovation and global competitiveness
• Ambitious roadmap targets 20 new models in China over the next five years, including BEVs and EREVs

BEIJING and SEOUL, South Korea, April 24, 2026 /PRNewswire/ — Hyundai Motor Company (Hyundai Motor) reinforced its long-term commitment to the Chinese market at Auto China 2026 (Beijing Auto Show), unveiling the all-new IONIQ V and officially launching its all-electric IONIQ lineup brand.

As the global automotive industry undergoes rapid transformation — with China at the center of electrification, software and innovation — Hyundai Motor is advancing a renewed market strategy tailored to the world’s largest and most dynamic EV ecosystem. This commitment is anchored in Hyundai Motor’s ‘In China, For China, To Global’ approach, positioning China not only as a key market, but as a strategic base for innovation, advanced development and future global competitiveness.

“China is an essential market for Hyundai Motor Company. The world’s most demanding EV consumers, the fastest development cycles, the deepest battery supply chain, and an advanced innovation ecosystem. That is why we are tripling down on our commitment to China. With significant investments into Beijing Hyundai, 20 new models coming over the next five years, the official launch of our IONIQ brand in China and the unveiling of IONIQ V, this is the most committed, the most ambitious, and the most exciting chapter we have ever written in this market. China is where the future of mobility is being defined, and Hyundai intends to help define it, In China, For China, and ultimately, for the world.” – José Muñoz, President and CEO of Hyundai Motor Company

How Is Hyundai Motor Demonstrating Its Renewed Commitment to China?

Hyundai Motor outlined a comprehensive plan to strengthen its position in China through sustained investment, localized product development and deeper collaboration with its joint venture partner.

Hyundai Motor and its local partner BAIC Group (Beijing Automotive Group) have committed a combined investment of 8 billion yuan to their joint venture, Beijing Hyundai, under an agreement reached in December 2024. The investment reinforces the foundation for long-term growth and supports a broader transformation aimed at delivering products tailored specifically to Chinese customers, while leveraging the country’s advanced innovation ecosystem.

As part of this transformation, Beijing Hyundai plans to introduce 20 new models in China over the next five years — marking its most ambitious product expansion in the market to date.

Building on the launch of the all-new IONIQ V, Beijing Hyundai will continue to expand its electrified lineup, introducing an additional SUV model in the first half of 2027. This will be followed by a broader rollout across midsize to large segments, encompassing both battery electric vehicles (BEVs) and extended-range electric vehicles (EREVs).

Through this comprehensive product offensive, Beijing Hyundai aims to achieve 500,000 units in annual vehicle sales, driven by renewed growth in the Chinese market and expanded export opportunities.

“Today, we are not just launching a new car; we are expressing our profound respect for the Chinese market and our unwavering commitment to its future. China is leading the global electrification charge, and its dynamic customers demand the best. IONIQ V and our new strategic vision demonstrate our resolve to meet and exceed those expectations, leveraging Chinese innovation to set new global standards in mobility.” – Li Fenggang, President at Beijing Hyundai Motor Company

What is IONIQ V and Its Role in Hyundai Motor’s China Strategy?

Hyundai Motor unveiled the all-new IONIQ V^[1], marking the first major product milestone under its renewed China roadmap.

As the first dedicated IONIQ production model for the Chinese market, IONIQ V represents Hyundai Motor’s commitment to delivering electric vehicles (EVs) tailored specifically for local customer needs, combining global engineering expertise with localized innovation.

Derived from the VENUS Concept, IONIQ V introduces Hyundai Motor’s new design language, ‘The Origin,’ for its all-electric lineup in China while embodying a ‘Best in First Impression‘ statement.

The vehicle is engineered to deliver a premium and intelligent driving experience, with a focus on space, connectivity and everyday usability — key priorities for Chinese consumers. The long-range model also secures a driving range of over 600 kilometers on a single charge (CLTC standard), supporting both daily commuting and long-distance travel with confidence.

The unveiling of IONIQ V marks the beginning of a broader transformation for Hyundai Motor in China — one defined by deeper localization, accelerated innovation and long-term investment.

How Does IONIQ V Redefine Premium, Intelligent Space?

IONIQ V is designed to deliver a balance of space, comfort and refined driving performance, creating a premium in-vehicle experience for both urban mobility and extended journeys.

The exterior features a smooth, single-curve silhouette, creating a sleek and cohesive appearance. The edge lighting creates a sharp, futuristic face and visually widens the stance. Frameless doors and floating side mirrors help reduce air resistance while reinforcing the vehicle’s high-tech character.

With exterior dimensions of 4,900 millimeters (mm) in length and 1,890 mm in width, along with a 2,900 mm wheelbase, IONIQ V provides a spacious and comfortable cabin environment. The wraparound interior creates a user-centric space designed as a versatile living space.

Inside the cockpit, a 27-inch ultra-thin 4K panoramic display seamlessly integrates key driving and infotainment functions. This is complemented by a Horizon head-up display (H-HUD), which projects essential information directly into the driver’s field of view, while ambient lighting enhances the overall sense of refinement.

IONIQ V also reflects Hyundai Motor’s commitment to driving comfort and confidence. Carefully tuned chassis and suspension settings contribute to stable, composed handling, while enhanced noise-reduction measures support a quieter and more relaxed driving experience.

Key Highlights:

• Spacious Interior: Class-leading cabin dimensions with 1,078 mm of first-row legroom and 1,019 mm of second-row legroom, complemented by best-in-class shoulder room (1,502 mm front / 1,473 mm rear) for superior comfort across both rows
• Panoramic Display: 27-inch display with H-HUD for an intuitive driving interface
• Immersive Sound: An audio system with eight speakers and support for Dolby Atmos as standard, unlocking new levels of emotion for users to enjoy their music, movies and more with unparalleled clarity and depth
• Refined Ride Quality: Suspension optimized for comfort and stability across various road conditions
• Low Noise Performance: Reduced road and wind noise for a quieter cabin environment

How Does IONIQ V Integrate Safety and Smart Technologies?

IONIQ V is engineered to deliver a secure and intuitive driving experience, combining Hyundai Motor’s electrification expertise with technologies optimized through collaboration with local partners.

Reinforced body structure and comprehensive occupant protection systems enhance safety across a wide range of driving scenarios. In parallel, smart technologies improve everyday usability, enabling more natural interaction between the driver and the vehicle.

The in‑vehicle experience is further enhanced by a large language model (LLM)–based Smart AI Assistant, supported by the Qualcomm Snapdragon 8295 chipset, enabling fast, responsive control of key vehicle functions through intuitive voice interaction.

IONIQ V also incorporates advanced driver assistance technologies powered by Momenta, designed to support a wide range of driving scenarios and enhance driver confidence.

Key Highlights:

• 360-degree Safety Systems: Reinforced body structure, multi-layer occupant protection, and a nine-airbag system
• Pedal Misapplication Safety Assist (PMSA): Emergency braking support to help prevent unintended acceleration incidents
• AI-Based User Experience: LLM-powered Smart AI Assistant enables intuitive, voice-based vehicle control

How Will Hyundai Motor Redefine the Customer Experience in China?

Hyundai Motor is redefining the customer journey in China with a more seamless, transparent and customer-centric approach across sales and ownership.

The company is enhancing the overall ownership experience through upgraded service programs, dedicated IONIQ specialists and immersive brand environments, designed to support customers throughout the entire lifecycle — from purchase to maintenance.

At the same time, Hyundai Motor is introducing new retail formats, including dedicated brand spaces within dealerships and standalone hubs in key cities, to deliver a more consistent and differentiated brand experience.

A transparent ‘One Price’ policy will be implemented across all sales channels, simplifying the purchasing process and improving customer trust, while an expanded charging and battery service network will further enhance everyday convenience.

How Will Hyundai Strengthen Its Competitiveness through Local Innovation and Partnerships?

Hyundai Motor’s commitment to China is supported by a clear long-term strategy focused on delivering locally tailored products and technologies. A core pillar of that strategy is a commitment to ‘Open Innovation,’ working closely with leading Chinese technology partners to accelerate development and enhance competitiveness.

The company is expanding collaborations across critical areas, including battery technology with CATL and ADAS technologies with Momenta, ensuring that its vehicles reflect the latest innovations tailored to local market expectations.

This approach enables Hyundai Motor to integrate global expertise with China’s fast-moving technology ecosystem, creating products that are both locally relevant and globally competitive.

More information about Hyundai Motor and its products can be found at:

https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai

Follow our Hyundai Global Newsroom Instagram channel @hyundai media hub

 

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SOURCE Hyundai Motor Company

NEW YORK, April 24, 2026 /PRNewswire/ — X-Sense, a global leader in home safety technology, has partnered with the Markesan Fire Department in Wisconsin to boost local fire prevention. Through this partnership, X-Sense is donating wireless smoke and carbon monoxide alarms to support the community’s safety efforts.

Supporting Public Safety with Action

The Markesan Fire Department, a 501(c)(3) public charity, has served the community for years with emergency response and fire safety education. According to a March 25 announcement by the department, firefighters will install the donated X-Sense alarms during emergency calls, replacing outdated or non-working devices. This no-cost program ensures reliable home safety for residents, reaching those who need protection most.

Promoting Education Across the Community

The initiative also extends to schools and community events. Markesan firefighters are using X-Sense alarms for safety demonstrations, emphasizing correct alarm placement and the importance of working early warning systems. These interactive lessons help make fire prevention knowledge accessible for area families and students.

Delivering the Next Generation of Protection

Central to the donation are two trusted X-Sense alarms. The SC07-W Wireless Interconnected Smoke and Carbon Monoxide Alarm is certified to the latest UL 217 Edition 9 standard and features a sealed long-life battery for minimal maintenance. With wireless interconnection, all linked alarms sound simultaneously when smoke or carbon monoxide is detected—providing more time to respond. The XC01-M Interconnected Smart Carbon Monoxide Alarm features an advanced sensor and real-time notifications via a base station. It can alert up to 12 contacts simultaneously in an emergency—ensuring faster awareness and response.

A Commitment to Saving Lives

Beyond the United States, X-Sense partners with fire stations in Germany, including local volunteer brigades such as Freiwillige Feuerwehr Krumhermersdorf, supporting community safety initiatives.
“We are truly honored to support the Markesan Fire Department,” said the CEO of X-Sense. “Working together allows us to bring the latest safety technology to those who need it most and furthers our mission of protecting lives.”

For information about X-Sense, visit x-sense.com.

About X-Sense

Founded in 2013, X-Sense has safeguarded more than 15 million households worldwide with its comprehensive range of smoke alarms, CO detectors, and environmental sensors. Backed by international certifications, and designed for long-term reliability and user convenience, X-Sense is committed to delivering innovative safety for every home.

Contact Information
Richard, Sales Executive
partners@x-sense.com

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SOURCE X-Sense

WENZHOU, China, April 23, 2026 /PRNewswire/ — Fox ESS, a global leader in renewable energy solutions, has been ranked No. 1 among residential energy storage providers worldwide for 2025, based on MWh shipments in S&P Global Energy’s Residential Energy Storage Market Tracker.

The report also places Fox ESS at No. 1 in Germany and the UK, highlighting the company’s momentum in key markets and expanding distribution footprint.

Compared with 2024, Fox ESS’s global market share rose 50% in 2025, reinforcing its position in a rapidly growing residential storage sector. The company has continued to scale internationally, with global headcount doubling from the end of 2024. As of April 2026, Fox ESS employs more than 5,000 people worldwide, and has added local support through new offices, including in Sydney, Australia.

“We’re thrilled for this remarkable achievement. It reflects our commitment to innovation and product quality, and to making clean, reliable energy practical for households around the world,” said Michael Zhu, CEO of Fox ESS. “We will continue pushing the boundaries to deliver solutions that help homes and businesses move toward energy independence.”

Notably, Fox ESS has launched the Champion’s Choice campaign globally, combining the endorsement of sports champions with recognition from prestigious organizations. With the first stop in Australia, the company signed Ian Thorpe, a five-time Olympic champion last December. The campaign underscores Fox ESS’s ambition to deliver better value for customers and partners.

Fox ESS is committed to building long-term trust with customers and partners. The company delivers reliable, high-quality energy storage systems engineered for consistent performance, supported by rigorous quality-control processes designed to help ensure every product meets the highest standards.

Fox ESS develops solutions that serve both installers and end users. With ongoing investment in R&D, the company stays ahead of evolving market needs, helping installers work more efficiently while enabling homeowners to move toward energy transition and reduce electricity costs.

With a team of more than 400 experts in R&D, Fox ESS continues to refine its product design for easier transportation, installation, and everyday use. The AI-powered FoxCloud app also makes energy management more intuitive, enabling users to monitor and control home energy consumption, manage smart devices, and track detailed generation and usage data in a single streamlined platform, delivering greater peace of mind.

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SOURCE Fox ESS

Investment led by seasoned sector-focused institutional investors supports development of Ace’s Texas facility and international operations

HOUSTON, April 23, 2026 /PRNewswire/ — Ace Green Recycling, Inc. (“Ace” or the “Company”), a leading provider of sustainable battery recycling technology solutions, and Athena Technology Acquisition Corp. II (“ATEK II” or “Athena”), a publicly traded special purpose acquisition company, today announced that they have entered into securities purchase agreements with certain investors for an aggregate $32 million private investment in public equity (“PIPE”) financing to support their previously-announced proposed business combination (the “Proposed Business Combination”), with the common stock of the combined company expected to be listed on the Nasdaq Stock Market under the ticker “AGXI” following the consummation of the Proposed Business Combination.

The PIPE financing includes participation from sector-focused institutional investors, and is expected to support Ace’s differentiated recycling platform for lithium (nickel-manganese-cobalt & lithium iron phosphate) and lead batteries and its role in enabling domestic supply chains for critical battery materials supporting a circular economy for batteries. The financing is a key milestone toward the completion of the Proposed Business Combination and supports the Company’s strategy to scale its U.S. footprint, global supply chain management platform, and commercialize its next-generation battery recycling technology.

“This investment accelerates our mission to redefine battery recycling at a global scale,” said Ace CEO Nishchay Chadha. “At Ace, we are deploying GREENLEAD® and LithiumFirst™ as a new standard – fully electrified, Scope 1 emissions-free solutions designed to replace legacy processes and unlock a cleaner supply chain for critical materials. We believe that the future of electrification depends on how efficiently and sustainably we recover these resources, and this milestone brings us meaningfully closer to that future.”

Concurrent with and contingent upon the closing of the Proposed Business Combination, Ace expects to receive approximately $32 million in gross proceeds from the PIPE financing before transaction expenses. The Company expects to use these proceeds primarily to fund capital expenditures related to the development of its Texas recycling facility as well as for general corporate purposes, including supporting the expansion of operations and to fund the purchase of other companies , as described in the registration statement on Form S-4 most recently filed with the Securities and Exchange Commission by Athena and Ace on March 24, 2026.

We believe that investor participation in this PIPE reflects confidence in Athena’s ability to bring together exceptional talent and partner with high-quality companies through complex transactions and the public market process. We also believe that Ace is well positioned to support a more resilient domestic supply chain for critical battery materials, and this marks an important step toward closing the Proposed Business Combination,” said Isabelle Freidheim, Chairman and Chief Executive Officer of Athena

Advisors

Rimon P.C. is serving as legal counsel to Ace. Latham & Watkins LLP is serving as legal counsel to ATEK II.

About Ace Green Recycling

Ace Green Recycling, Inc., incorporated in Delaware, is an innovative battery recycling technology platform offering sustainable end-of-life solutions. It has deployed modular, Scope 1 carbon emissions-free recycling facilities for lithium (nickel-manganese-cobalt & lithium iron phosphate) and lead batteries used in various industries including electronics, automotive and energy storage. Ace was founded by Nishchay Chadha, Chief Executive Officer and a veteran in recycling, mining and global supply chain industries, and Dr. Vipin Tyagi, Chief Technology Officer, with extensive experience in battery materials recycling technologies. For more information, please visit www.acegreenrecycling.com.

About Athena Technology Acquisition Corp. II

Athena Technology Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Athena is part of the broader Athena platform founded by Isabelle Freidheim and supported by a senior leadership team with deep experience across public transactions, private M&A, growth investing and technology leadership. The broader Athena platform brings differentiated transaction experience, investor alignment and partnership-oriented execution to the business.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This release contains statements regarding Athena, Ace, the Proposed Business Combination and other matters that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, forward-looking statements can be identified by words such as “anticipate,” “approximate,” “believe,” “plan,” “estimate,” “expect,” “project,” “could,” “should,” “strategy,” “will,” “intend,” “may” and other similar expressions or the negative of such words or expressions. Statements in this report concerning (i) Athena’s or Ace’s expected future financial position, business strategy, production capacity, competitive positions, growth opportunities, plans and objectives of management and (ii) the expected benefits of the Proposed Business Combination, together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting management’s best judgment based upon currently available information. Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from expectations as a result of a variety of factors, including, without limitation, those discussed below. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which Athena and Ace are unable to predict or control, that may cause actual results, performance or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements as a result of a number of factors, including, but not limited to:

• Ace has a limited operating history at scale and is developing a flagship and new facility in the United States; scaling up its operations and expansion in the U.S. may carry uncertainties and pose liquidity risks to Ace;
• Ace may not be able to secure adequate capital to execute its business plan;
• If Ace is unable to overcome the workforce and engineering challenges arising from scaling up production from its existing capacities, it may not succeed in executing its growth and expansion plans;
• Successful or timely implementation of Ace’s planned U.S. facility may be delayed due to licensing or regulatory issues;
• A large portion of Ace’s profit is derived from a relatively small number of major customers, and its business, financial condition, and results of operations could be materially and adversely affected if its key customers fail to meet their contractual obligations;
• Prices for recovered materials are subject to global market fluctuations and price instability may negatively impact Ace’s financial performance;
• Ace relies on third-party vendors for key machineries and failure to acquire and maintain them may adversely disrupt its operations;
• A decline in green energy adoption may inhibit future recycling opportunities and may result in decreased demand for Ace’s products;
• Ace’s proprietary know-how may be rivaled by competitors, which may erode the technological edge it has established;
• Unfavorable economic or geopolitical conditions could constrain Ace’s expansion, inhibit its further growth and otherwise have a material adverse effect its business, results of operations, prospects and financial condition;
• Athena and Ace may not obtain the requisite stockholder approvals for the Proposed Business Combination;
• Nasdaq may not list the common stock of the surviving company following the Proposed Business Combination, which could limit investors’ ability to effect transactions following the Proposed Business Combination;
• An event, change or other circumstance could result in the termination of the Proposed Business Combination;
• A condition to the closing of the Proposed Business Combination may not be satisfied;
• There may be delays in completing the Proposed Business Combination;
• Any announcement or news coverage relating to the Proposed Business Combination could have adverse effects on the market price of Athena common stock or Ace common stock;
• The risk of litigation related to the merger; and
• Other risks and uncertainties identified in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business” sections of Athena’s most recent Annual Report on Form 10-K, and other risks as identified from time to time in its SEC reports.

All of the forward-looking statements Athena and Ace make in or in connection with this report are qualified by the information contained or incorporated by reference in a registration statement filed by Athena and Ace on Form S-4, that includes a proxy statement and a prospectus, to register the shares of Athena stock that will be issued to Ace’s stockholders (the “Registration Statement”). For additional information, see the sections entitled “Risk Factors” and “Where You Can Find More Information” beginning on pages 18 and 208, respectively, of the Registration Statement.

Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Except to the extent required by applicable law, neither Athena nor Ace undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

NO OFFER OR SOLICITATION

This press release is not intended to be, and shall not constitute, an offer to buy, subscribe for or sell or the solicitation of an offer to buy, subscribe for or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

IMPORTANT ADDITIONAL INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND WHERE TO FIND IT

This release is being made in respect of the Proposed Business Combination between Athena and Ace. In connection with the Proposed Business Combination, Athena and Ace filed with the SEC the Registration Statement, as well as other relevant documents regarding the Proposed Business Combination. INVESTORS ARE URGED TO READ IN THEIR ENTIRETY THE REGISTRATION STATEMENT REGARDING THE TRANSACTION THAT HAS BEEN FILED AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN IMPORTANT INFORMATION.

A free copy of the Registration Statement, as well as other filings containing information about Athena, may be obtained at the SEC’s website (http://www.sec.gov). You will also be able to obtain these documents, free of charge, from Athena by calling (970) 925-1572.

PARTICIPANTS IN THE SOLICITATION

Athena, Ace and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from its respective stockholders in respect of the Proposed Business Combination contemplated by the Registration Statement. Information regarding the persons who are, under the rules of the SEC, participants in the solicitation of the stockholders of Athena in connection with the Proposed Business Combination, including a description of their direct or indirect interests, by security holdings or otherwise, are set forth in the Registration Statement filed with the SEC. Information regarding Athena’s directors and executive officers is contained in its Annual Report on Form 10-K for the year ended December 31, 2025, which is filed with the SEC. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is or will be contained in the Registration Statement and other relevant materials filed or to be filed with the SEC regarding the Proposed Business Combination when such materials become available. Investors and security holders should read the Registration Statement carefully before making any voting or investment decisions. You may obtain free copies of any of the documents referenced herein using the sources indicated above.

Contacts:

Media
Media@ace-green.com

Investors
Investors@ace-green.com

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SOURCE Ace Green Recycling

HANNOVER, Germany, April 23, 2026 /PRNewswire/ — Shanghai Electric (SEHK: 02727, SSE: 601727), a global leader in providing integrated solutions for the energy and industrial sectors, is exhibiting at Hannover Messe 2026 under the theme of “Interlocking Energy and Industry,” showcasing its green energy products, integrated energy solutions, and AI-enabled industrial application scenarios.

Against the backdrop of Europe’s energy transition and the rising demand for AI adoption in manufacturing, Shanghai Electric aims to explore more opportunities for in-depth cooperation. It features four exhibition zones at Hannover Messe 2026: “AI for Industry,” “Zero-Carbon Parks,” “POWER to X,” and “IIoT Digital Foundation,” showcasing multi-scenario solutions and real-world international project deployments that demonstrate Shanghai Electric’s integrated strength in driving synergistic industrial chain development across its two core sectors of energy and industry.

Digital & AI integration: a new blueprint for industrial upgrading

In the “AI for Industry” exhibition zone, Shanghai Electric unveiled its “StarCloud Intelligent Manufacturing” series, which includes nearly 40 AI models and intelligent agents, covering three major manufacturing scenarios—R&D and Design, Production and Manufacturing, and Operation and Maintenance—to drive the intelligent upgrading of the manufacturing industry.

The “Mobile Factory” product, centered on containerized modular equipment and integrating AI with digital twin technology, enables remote maintenance and smart scheduling. It has already carried out maintenance and emergency repair missions in multiple overseas projects, including South Korea, Indonesia, and Bangladesh.

Meanwhile, its self-developed Industrial Internet Platform provides digital transformation solutions for manufacturing plants across 13 industries, including the energy and industrial sectors, and has connected over 460,000 devices.

Shanghai Electric’s self-developed bipedal humanoid robot, “Suyuan,” also made a global appearance at the event. Equipped with self-developed high-performance joints and intelligent control systems, it is capable of operating in complex industrial scenarios and empowering traditional industrial manufacturing.

Green energy: a new benchmark for zero-carbon parks

Leveraging its “Energy + Industry” synergies, Shanghai Electric is developing replicable zero-carbon park solutions. The company provides full-cycle customized services from planning to operation, coupled with its in-house products that cover over half of the core equipment needed, including wind, solar, storage, hydrogen, microgrids, and multi-energy coupling systems.

In the “Zero-Carbon Parks” zone, Shanghai Electric showcased its green technology leadership across wind, solar, and energy storage:

• Wind power: Featuring the 25 MW offshore turbine, Shanghai Electric has supplied equipment and O&M services to global wind farms, including the Senj Wind Farm in Croatia, one of the largest wind projects in Central and Eastern Europe.
• Solar power: With cutting-edge HJT photovoltaic technology and full-industry-chain supply capacity for solar thermal equipment, Shanghai Electric is presenting innovative products such as the solar-storage integrated power cabin.
• Energy storage: The vanadium redox battery system, using a water-based electrolyte, has become one of the preferred technology routes for large-scale, long-duration energy storage.

Spearheading the new frontier of green hydrogen and green fuels

Leveraging its full-chain capabilities in new energy, smart grids, and green chemicals, Shanghai Electric has built core technologies and equipment covering the entire green fuel value chain. Shanghai Electric provides fully customized, end-to-end solutions for three major green fuels including green methanol, green ammonia, and sustainable aviation fuel (SAF), which are tailored to different resource conditions and market demands.

Shanghai Electric’s Taonan project in Jilin, China’s first green methanol demonstration project, has achieved full-process EU ISCC certification. In March 2026, its first batch of green methanol products was bunkered to the CMA CGM vessel  “OSMIUM” at Shanghai Yangshan Port.

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SOURCE Shanghai Electric