Contribution is Third this Year as Need Rises

OAKLAND, Calif., Dec. 31, 2025 /PRNewswire/ — Just in time for the holidays, Pacific Gas and Electric Company (PG&E) is contributing $1 million to local food banks to help feed the growing number of individuals and families struggling to put food on the table.

The PG&E funding will provide the equivalent of approximately 3 million meals for individuals and families. It will support 38 food banks representing 47 counties in PG&E’s Northern and Central California service area.

It is the third contribution to food banks since September from PG&E or The PG&E Corporation Foundation (the PG&E Foundation), bringing the total for community food support this year to $2.37 million. Funding for these charitable contributions comes from PG&E shareholders, not PG&E customers.

Officials with the California Association of Food Banks said that food banks are facing record-breaking demand, the highest since the pandemic.

“California food banks experienced an unexpected surge with the [federal government] shutdown this fall. So, we reached out for help on their behalf and PG&E responded,” said Stacia Levenfeld, Chief Executive Officer of California Association of Food Banks. “Their $1 million gift to food banks throughout Northern and Central California will have a meaningful impact on the lives of millions of people this holiday season and help food banks continue their critical work in our communities.”

“We are grateful to help local food banks fulfill their mission during this time of increasing demand, especially as more families and seniors are struggling through the holiday season. Our longstanding partnership with the California Association of Food Banks supports the safety net that is our local food banks,” said Carla Peterman, Executive Vice President, Corporate Affairs, PG&E Corporation and Chair of The PG&E Corporation Foundation Board.

2025 Support for Food Banks

In September, the PG&E Foundation awarded $1.12 million to support local food banks, tribal food banks and senior meal programs. In November, the PG&E Foundation donated $250,000 to the California Association of Food Banks’ Emergency Response Fund.

According to the California Association of Food Banks, while California produces nearly half of the nation’s fruits and vegetables, more than one in five residents do not know where their next meal will come from. Communities of color face even higher levels of food insecurity.

Grant amounts that will be awarded to local organizations account for county poverty and unemployment levels, using the California Department of Social Services’ formula, to promote equity among counties with higher need.

About The PG&E Corporation Foundation
The PG&E Corporation Foundation is an independent 501(c)(3) nonprofit organization, separate from PG&E and sponsored by PG&E Corporation.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pge-donates-1-million-to-local-food-banks-to-feed-families-302651003.html

SOURCE Pacific Gas and Electric Company

The co-op supported its broader sustainability work with innovative partnerships in 2025.

SEATTLE, Dec. 31, 2025 /PRNewswire/ — Over the past year, the co-op took meaningful steps to reduce our impact on the planet and support the long-term health of the places and communities we love. This work reflects our climate strategy, bringing cooperative action together to drive change with speed and scale.

“When companies come together, climate action becomes more real and more lasting,” said Andrew Dempsey, Director of Sustainability, REI Co-op. “We’re grateful for the partners who’ve helped make this work possible. We’re focused on continuing this work and backing solutions that make a real difference for communities and help keep the outdoors healthy for the future.”

A key part of the co-op’s efforts in 2025 supported local clean energy projects in the communities where we operate. Over the past year, we worked with partners to help develop several new renewable energy initiatives, including:

  • A new 2.5MW community solar project in Woodbury, MN being developed by US Solar. This initiative will enable nearly 500 low-to moderate-income households to subscribe to renewable energy, reducing utility bills and adding clean power to the grid near REI’s Bloomington store.
  • An aggregated Virtual Power Purchase Agreement (VPPA) with Carhartt and other partners, helping to accelerate renewable energy development in Texas by adding 18.5 MW of solar energy to the grid.

Alongside new clean energy projects, we also marked progress on work already underway. In South Carolina, we celebrated the launch of a renewable energy project with Ever.green, adding more clean power to the grid and building on earlier investments.

Over the past year, REI extended its partnership with Sol Systems and Nester Hosiery, one of our largest U.S. manufacturing partners, through a new three-year renewable energy certificate purchase.

Our partnership with Sol Systems also expanded beyond energy. In 2025, We worked together to support environmental education at Florida Atlantic University’s Pine Jog Center. Through the Community Impact Program, up to 48 high school students will participate in immersive, college-credit-bearing residential programs focused on climate resilience and ecosystem science.

Students will gain hands-on field experience studying South Florida’s wetlands, rivers, and coastal ecosystems, connect with environmental scientists, and return to their communities as ambassadors for climate resilience. The program builds on our renewable energy investments across Florida and shows how clean energy can support people as well as the planet.

Supporting climate solutions rooted in nature

Over the year, we also took steps to support climate solutions that work with nature. REI became the first retail company to join the Symbiosis Coalition, a group working to accelerate the deployment of nature-based carbon removal like reforestation and agroforestry projects. These efforts help support healthy ecosystems while expanding access to climate solutions for organizations of all sizes.

Reducing impact through better materials

In addition to energy and climate solutions, we made progress on reducing the impact of the materials we use in REI Co-op brand products. REI signed a three-year agreement with Ambercycle to purchase 200 tons per year of their innovative cycora® regenerated polyester that uses recycled textile waste as a feedstock to make new, high-quality materials. This step will help REI cut emissions, reduce waste and move toward a more “circular” lifecycle for the products we make.

By pairing clean energy projects with community programs and choosing lower-impact materials, we continued to make practical progress across our climate work over the past year.

Learn more about our impact work at rei.com/impact.

About the REI Co-op
REI is a specialty outdoor retailer, headquartered near Seattle. The nation’s largest consumer co-op, REI is a growing community of 24 million members who expect and love the best quality gear and outstanding customer service. In addition to the co-op’s many stores across the country, outdoor enthusiasts can shop at REI.com, REI Outlet or the REI shopping app. Everyone is welcome to shop REI, but members who join the co-op enjoy a range of benefits. REI is a purpose-driven and values-led company dedicated to enabling life outside for all.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/rei-co-op-accelerates-climate-action-through-new-renewable-energy-projects-and-more-sustainable-materials-302651314.html

SOURCE REI Co-op

BEIJING, Dec. 31, 2025 /PRNewswire/ — On December 29, China’s Ministry of Natural Resources released a survey report on the coral reef ecosystem of Huangyan Dao. Based on this report, CMG Voice of the South China Sea released the ecological documentary An Unfading Commitment: Why Huangyan Dao Needs Protection.

This latest report, spanning four decades from 1985 to 2025, draws on data from over 60 research voyages, and integrates 16 years of satellite remote sensing data. It shows that the coral reef ecosystem of Huangyan Dao National Nature Reserve is generally in good condition.

The documentary An Unfading Commitment: Why Huangyan Dao Needs Protection presents audiences with the healthy and lush seagrass, as well as the rare and endangered wildlife freely inhabiting the Huangyan Dao National Nature Reserve, such as the Green Turtle, Hawksbill Turtle, and Spotted Eagle Ray. At the same time, the film conveys scientists’ concerns: threats represented by the fourth global coral bleaching event are ever present. This survey also identified the presence of a small number of crown of thorns starfish in the waters around Huangyan Dao, and the risk of future outbreaks cannot be ruled out.

Today, more than 2,500 marine protected areas involving coral reefs have been established worldwide. The establishment of Huangyan Dao National Nature Reserve is undoubtedly a solemn commitment made by the Chinese people, in the hope that it will inspire more people to help maintain and enhance the diversity, stability, and sustainability of the coral reef ecosystem of Huangyan Dao.

https://vscs.cri.cn/20251229/d487c6b7-8724-4ad6-bf75-968c8dcac4cc.html

An Unfading Commitment

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/release-of-the-latest-ecological-documentary-on-huangyan-dao-an-unfading-commitment-why-huangyan-dao-needs-protection-302651292.html

SOURCE China Media Group

KANSAS CITY, Mo., Dec. 31, 2025 /PRNewswire/ — Scrap Management Industries, Inc. (SMI), one of the Midwest’s leading ferrous and nonferrous metal recycling companies, today announced it has acquired Allmetal Recycling, a scrap metal recycling company based in Kansas.

The acquisition expands SMI’s presence across the region by adding Allmetal’s network of 10 locations in Kansas, including three yards in Wichita and additional facilities in Salina, Newton, Harper, McPherson, Great Bend, Kingman and Pratt. With this significant combination, SMI will operate 5 Automobile Shredders – including two Mega Shredders – across 19 yards in three primary regions across Missouri, Kansas and Oklahoma with services spanning the surrounding states and communities.

“Allmetal is exactly the kind of company we want to grow with,” said Jerrit Burgess, CEO of Scrap Management Industries. “Both companies are family built and locally led. Allmetal has done an outstanding job serving Kansas communities and its industrial partners. Bringing their team into the SMI family allows us to offer more locations, more capacity and even better service while keeping decisions close to the communities we serve.”

Allmetal will continue to operate under its own name as part of the SMI family of companies. Allmetal customers and community partners will get the same great experience they have come to know while gaining access to the broader resources, relationships and operational support of SMI.

Allmetal Recycling was established in 2009 and is owned and operated by cousins Clint and Kolby Cornejo, who have built the company into a leading metal recycler in Kansas with a strong reputation for safety, service and community involvement. Both Clint and Kolby are remaining with the company in leadership roles as part of the combined organization and will continue to be actively involved in day-to-day operations.

“We have always believed that scrap metal recycling is a local business,” said Clint Cornejo. “SMI shares that belief. They are family owned, they understand the value of local teams and they are committed to investing in the people and facilities that make this business work.”

“Joining the SMI family allows us to keep doing what we do best for our customers and communities, while creating new opportunities for our employees as the combined business grows,” added Kolby Cornejo.

For industrial and commercial partners, the combined company can now provide a broader footprint, more container and transportation options and expanded capacity to handle complex scrap programs across multiple locations.

For walk-in customers at both SMI and Allmetal locations, the acquisition means more convenient options to recycle scrap with a larger company that is continuing to invest in facilities, equipment and overall customer experience.

About Scrap Management Industries (SMI)
Founded in 1973, Scrap Management Industries is a leading recycler of ferrous and nonferrous metals with locations in Kansas City and St. Joseph, Missouri, and multiple facilities across Kansas and Oklahoma. SMI focuses on transparent, ethical practices, clean and well-maintained facilities and community engagement, and continues to advance metal recycling technology and environmental stewardship. Learn more at smirecyclers.com.

Media Contact
Ryan Gerding
EAG Advertising & Marketing
406932@email4pr.com
816-665-1001

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/scrap-management-industries-accelerates-growth-with-acquisition-of-allmetal-recycling-in-kansas-302650949.html

SOURCE Scrap Management Industries

KANSAS CITY, Mo., Dec. 31, 2025 /PRNewswire/ — Scrap Management Industries, Inc. (SMI), one of the Midwest’s leading ferrous and nonferrous metal recycling companies, today announced it has acquired Allmetal Recycling, a scrap metal recycling company based in Kansas.

The acquisition expands SMI’s presence across the region by adding Allmetal’s network of 10 locations in Kansas, including three yards in Wichita and additional facilities in Salina, Newton, Harper, McPherson, Great Bend, Kingman and Pratt. With this significant combination, SMI will operate 5 Automobile Shredders – including two Mega Shredders – across 19 yards in three primary regions across Missouri, Kansas and Oklahoma with services spanning the surrounding states and communities.

“Allmetal is exactly the kind of company we want to grow with,” said Jerrit Burgess, CEO of Scrap Management Industries. “Both companies are family built and locally led. Allmetal has done an outstanding job serving Kansas communities and its industrial partners. Bringing their team into the SMI family allows us to offer more locations, more capacity and even better service while keeping decisions close to the communities we serve.”

Allmetal will continue to operate under its own name as part of the SMI family of companies. Allmetal customers and community partners will get the same great experience they have come to know while gaining access to the broader resources, relationships and operational support of SMI.

Allmetal Recycling was established in 2009 and is owned and operated by cousins Clint and Kolby Cornejo, who have built the company into a leading metal recycler in Kansas with a strong reputation for safety, service and community involvement. Both Clint and Kolby are remaining with the company in leadership roles as part of the combined organization and will continue to be actively involved in day-to-day operations.

“We have always believed that scrap metal recycling is a local business,” said Clint Cornejo. “SMI shares that belief. They are family owned, they understand the value of local teams and they are committed to investing in the people and facilities that make this business work.”

“Joining the SMI family allows us to keep doing what we do best for our customers and communities, while creating new opportunities for our employees as the combined business grows,” added Kolby Cornejo.

For industrial and commercial partners, the combined company can now provide a broader footprint, more container and transportation options and expanded capacity to handle complex scrap programs across multiple locations.

For walk-in customers at both SMI and Allmetal locations, the acquisition means more convenient options to recycle scrap with a larger company that is continuing to invest in facilities, equipment and overall customer experience.

About Scrap Management Industries (SMI)
Founded in 1973, Scrap Management Industries is a leading recycler of ferrous and nonferrous metals with locations in Kansas City and St. Joseph, Missouri, and multiple facilities across Kansas and Oklahoma. SMI focuses on transparent, ethical practices, clean and well-maintained facilities and community engagement, and continues to advance metal recycling technology and environmental stewardship. Learn more at smirecyclers.com.

Media Contact
Ryan Gerding
EAG Advertising & Marketing
406932@email4pr.com
816-665-1001

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/scrap-management-industries-accelerates-growth-with-acquisition-of-allmetal-recycling-in-kansas-302650949.html

SOURCE Scrap Management Industries

KANSAS CITY, Mo., Dec. 31, 2025 /PRNewswire/ — Scrap Management Industries, Inc. (SMI), one of the Midwest’s leading ferrous and nonferrous metal recycling companies, today announced it has acquired Allmetal Recycling, a scrap metal recycling company based in Kansas.

The acquisition expands SMI’s presence across the region by adding Allmetal’s network of 10 locations in Kansas, including three yards in Wichita and additional facilities in Salina, Newton, Harper, McPherson, Great Bend, Kingman and Pratt. With this significant combination, SMI will operate 5 Automobile Shredders – including two Mega Shredders – across 19 yards in three primary regions across Missouri, Kansas and Oklahoma with services spanning the surrounding states and communities.

“Allmetal is exactly the kind of company we want to grow with,” said Jerrit Burgess, CEO of Scrap Management Industries. “Both companies are family built and locally led. Allmetal has done an outstanding job serving Kansas communities and its industrial partners. Bringing their team into the SMI family allows us to offer more locations, more capacity and even better service while keeping decisions close to the communities we serve.”

Allmetal will continue to operate under its own name as part of the SMI family of companies. Allmetal customers and community partners will get the same great experience they have come to know while gaining access to the broader resources, relationships and operational support of SMI.

Allmetal Recycling was established in 2009 and is owned and operated by cousins Clint and Kolby Cornejo, who have built the company into a leading metal recycler in Kansas with a strong reputation for safety, service and community involvement. Both Clint and Kolby are remaining with the company in leadership roles as part of the combined organization and will continue to be actively involved in day-to-day operations.

“We have always believed that scrap metal recycling is a local business,” said Clint Cornejo. “SMI shares that belief. They are family owned, they understand the value of local teams and they are committed to investing in the people and facilities that make this business work.”

“Joining the SMI family allows us to keep doing what we do best for our customers and communities, while creating new opportunities for our employees as the combined business grows,” added Kolby Cornejo.

For industrial and commercial partners, the combined company can now provide a broader footprint, more container and transportation options and expanded capacity to handle complex scrap programs across multiple locations.

For walk-in customers at both SMI and Allmetal locations, the acquisition means more convenient options to recycle scrap with a larger company that is continuing to invest in facilities, equipment and overall customer experience.

About Scrap Management Industries (SMI)
Founded in 1973, Scrap Management Industries is a leading recycler of ferrous and nonferrous metals with locations in Kansas City and St. Joseph, Missouri, and multiple facilities across Kansas and Oklahoma. SMI focuses on transparent, ethical practices, clean and well-maintained facilities and community engagement, and continues to advance metal recycling technology and environmental stewardship. Learn more at smirecyclers.com.

Media Contact
Ryan Gerding
EAG Advertising & Marketing
406932@email4pr.com
816-665-1001

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/scrap-management-industries-accelerates-growth-with-acquisition-of-allmetal-recycling-in-kansas-302650949.html

SOURCE Scrap Management Industries

  • Funds will be used to pay interconnection deposits which are required by utilities to complete the interconnection process and are refundable if a project does not reach commercial operation.
  • This loan is expected to support interconnection deposits for an initial portfolio of 34 MW of solar power, battery energy storage and hybrid projects, with potential to support future projects.
  • This loan allows PowerBank to further accelerate the growth of its Independent Power Producer portfolio by providing low-cost capital.

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025.

TORONTO, Dec. 31, 2025 /PRNewswire/ – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) (“PowerBank” or the “Company“), a leader in North American energy infrastructure development and asset ownership, today announced that it and its subsidiaries have entered into a loan agreement with NY Green Bank (“NYGB“) for a revolving credit facility with initial principal amount of up to $8 million USD (the “Loan“) that will be used to fund interconnection deposits for an initial portfolio of 50 MW of distributed solar power and battery energy storage projects located in New York State (the “Projects“). The Company will add projects to the portfolio beyond the initial 50 MW as they are ready.

NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), is a state-sponsored specialized fund that invests in New York State’s clean energy markets. Since its launch in 2013, NYGB has committed over $2.6 billion to projects supporting building decarbonization, clean transportation, energy storage, solar, and other sustainable infrastructure—expected to avoid up to 49.6 million metric tons of CO₂e and generate 69.5 million MMBTU in lifetime energy savings.

PowerBank CEO & President Dr. Richard Lu commented “The financing from NY Green Bank for this initial portfolio represents an excellent opportunity for PowerBank and our partners. This transaction reflects PowerBank’s established track record in New York State, and our strong working relationship with NYSERDA. As these projects advance, we’re excited to contribute to the region’s clean energy objectives.”

An interconnection deposit is a financial security (cash or letter of credit) a developer such as PowerBank pays to a utility or grid operator when requesting to connect a new solar power or battery energy storage project funding grid upgrades and project connection costs. These deposits are refundable if a project does not reach commercial operation. Due to the refundability of the deposits, the Loan provides a key revolving source of capital that allows PowerBank to execute on its development pipeline. As projects are monetized or reach commercial operation, PowerBank will be able to redeploy the proceeds of the Loan to additional projects.

The material terms of the Loan are as follows:

  • the Loan will be advanced against payment of interconnection deposit payments to local utilities in New York in connection with the Projects;
  • initial principal amount is up to $8 million USD, provided that NYGB in its discretion may increase the principal amount to up to $12 million USD;
  • no shares are issuable in connection with the Loan; and
  • the Loan is secured against the assets associated with the Projects and the Company has provided a guarantee of payment.

About PowerBank Corporation

PowerBank Corporation is a North American renewable energy developer and independent power producer specializing in distributed solar and Battery Energy Storage System (BESS) projects across Canada and the United States. The Company’s integrated business model encompasses project development, construction management, and long-term asset ownership, serving utility, commercial, industrial, municipal, and residential off-takers.

PowerBank’s diversified portfolio strategy spans multiple leading North American markets and includes utility-scale projects, host off-taker arrangements, community solar installations, and virtual net metering programs. The Company has successfully developed and constructed renewable energy projects exceeding 100 megawatts of combined capacity and maintains a robust development pipeline of over one gigawatt of potential future projects.

To learn more about PowerBank Corporation and its commitment to accelerating the clean energy transition, please visit www.powerbankcorp.com.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information ‎within the meaning of Canadian securities legislation (collectively, “forward-looking ‎statements”) that relate to the Company’s current expectations and views of future events. ‎Any statements that express, or involve discussions as to, expectations, beliefs, plans, ‎objectives, assumptions or future events or performance (often, but not always, through the ‎use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will ‎continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, ‎‎”projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be ‎forward-looking statements and may involve estimates, assumptions and uncertainties ‎which could cause actual results or outcomes to differ materially from those expressed in ‎such forward-looking statements. In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company’s expectations regarding its industry trends and overall market growth; the Company’s growth strategies the expected energy production from the solar power projects mentioned in this press release; the terms and use of proceeds of the Loan; the reduction of carbon emissions; and the Company’s development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: that the Owner will not exercise the Sell-Back Right; obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain skilled staff; market competition; the products and services offered by the Company’s competitors; that the Company’s current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements.

Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Forward-‎Looking Statements” and “Risk ‎Factors” in the Company’s most recently completed Annual Information Form, and other public filings of the Company, which include: the Owner may exercise the Sell-Back Right and require the Company to reacquire any of the Projects and return the related funds received; the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company’s growth strategy depends upon the continued availability of third-party financing arrangements; the Company’s future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company’s project development and construction activities may not be successful; developing and operating solar Project exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements (“PPAs”) and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company’s effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company’s results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation and tariffs; unexpected warranty expenses that may not be adequately covered by the Company’s insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

The Company undertakes no obligation to update or revise any ‎forward-looking statements, whether as a result of new information, future events or ‎otherwise, except as may be required by law. New factors emerge from time to time, and it ‎is not possible for the Company to predict all of them, or assess the impact of each such ‎factor or the extent to which any factor, or combination of factors, may cause results to ‎differ materially from those contained in any forward-looking statement. Any forward-‎looking statements contained in this news release are expressly qualified in their entirety by ‎this cautionary statement.‎

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/8-million-usd-loan-secured-by-powerbank-to-accelerate-independent-power-producer-portfolio-302651089.html

SOURCE PowerBank Corporation

Zeigler Auto Group announces Mercedes-Benz of Hoffman Estates as its 7th Annual Ugly Sweater Holiday Canned Food Drive Competition Winner. The Zeigler dealer nearly doubled its contribution from last year, donating 20,629 items this year; bringing the auto group’s grand total to 51,260 for local charities for 2025.

KALAMAZOO, Mich., Dec. 31, 2025 /PRNewswire/ — Zeigler Auto Group has a new 7th Annual Ugly Sweater Holiday Canned Food Drive champion! Mercedes-Benz of Hoffman Estates earned the top spot this year with 20,629 items. Zeigler Auto Group collectively brought in 51,260 for 2025; and 191,505 items across four states over the last seven years.

During the competition, each dealership determines where donations go, generally choosing a local food bank in the area. The winning dealership, which in this case is Mercedes-Benz of Hoffman Estates, has donated its 20,629 items to the Schaumburg Township Food Pantry and celebrated the big win by wearing ugly sweaters during a victory party. Mercedes-Benz of Hoffman Estates had previously held the title for four consecutive years from 2020 through 2023.

Zeigler Honda of Racine, who previously came in third place last year with 4,000 items,climbed one spot to second place with 10,905 items donated to Mt. Zion Christian Church–more than doubling its previous donation.

The third place spot belongs to Zeigler Subaru of Lafayette who has chosen to sponsor Food Finders Food Bank of Lafayette with 5,530 items, nearly a 24-time increase from its 230 donation to the same charity last year. 

Zeigler BMW of Orland Park climbed two spots from last year landing in fourth place with 2,988 items for the TInley Park Food Pantry. Zeigler Chrysler Dodge Jeep RAM of Grandville was this year’s fifth place winner with 2,532 items benefiting the West Michigan Veterans Assistance Program.

In sixth place with 2,096 items for Share the Love Charity Tradewinds was Zeigler Subaru of Schererville. Zeigler Subaru of Kenosha brought in 1,918 items for Sharing Center Trevor Wisconsin, giving them seventh place honors.

This year’s eighth place went to Zeigler Buick GMC of Lincolnwood with 1905 items in benefit of the Food Pantry of Skokie. Ninth place belongs to Zeigler Ford of Lowell with 1,157 for Lowell Outreach Ministry. Rounding out the top 10 is Zeigler Subaru of Fort Wayne with 644 items for Community Harvest Food Bank Fort Wayne.

The following are listed in order of ranking starting with eleventh place: Zeigler Honda CDR Lincoln BMW Kalamazoo bringing in 655 items for Community Harvest Food Bank Fort Wayne. Zeigler Ford Lincoln of Elkhart donated 216 items to the Salvation Army. Zeigler CDJR of Plainwell with 211 items for the Orangeville Community Outreach Center. Zeigler Ford Plainwell also donated 136 to the Orangeville Community Outreach Center. In fifteen place we have Zeigler Toyota of Racine with 97 items for the Racine County Food Bank and Zeigler Holland with 50 items for Community Action House and Harbor Humane.

The friendly competition has become a favorite among Zeigler dealerships growing at a fast pace over the last seven years. The first year it was held in 2019, the group donated a total of 5,000 cans to local food shelters in Michigan, Indiana, and Illinois. This year Zeigler Auto Group donated over 10-times as much bringing in 51,260 items to local charities across four states: Michigan, Indiana, Illinois, and Wisconsin.

About Zeigler Auto Group

Zeigler Automotive Group is one of the largest privately-owned dealer groups in the U.S. with 88 franchises across 41 locations in Wisconsin, Illinois, Indiana, and Michigan. Vehicle brands represented include all of the domestic and the majority of the imported manufacturers.

Besides its extensive automotive portfolio, the organization owns and operates Zeigler Motorsports, an 85,000-square-foot motorsports dealership and action park, offering 19 different powersports brands, plus its own onsite restaurant: Trak Houz Bar & Grill. Additionally, Zeigler Motorsports houses the Elevate Leadership & Team Building Academy, an executive training company.

The Kalamazoo-based dealer group also owns three Byrider franchises, three finance companies, several insurance firms, and a leasing firm.

Founded in 1975, the organization employs over 2,500 people, ranking among the top 1% of automotive dealers in the nation with estimated annual sales of $2.2 billion for 2024.

The family-owned and operated company is well known for its commitment to both customer service and employee satisfaction. Zeigler is regularly recognized as one of the Best and Brightest Companies to Work for in the Nation, also earning similar accolades in Wisconsin, Chicago, and Michigan. Besides these prestigious accolades, Zeigler is also one of Glassdoor’s 100 Best Places to Work in the U.S. for 2024, and among Glassdoor’s top 10 U.S. companies for work-life balance.

MEDIA CONTACT
Francis Mariela
239.273.6976
letswork@francismariela.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/zeigler-auto-group-celebrates-its-50th-anniversary-with-over-50k-items-collected-during-its-7th-annual-holiday-food-drive-for-local-charities-302651049.html

SOURCE Zeigler Automotive Group

BEIJING, Dec. 31, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announced that, in collaboration with its strategic partner Kuaidian, it has successfully completed a 21,000-ton carbon-inclusive credit transaction related to electric vehicle (EV) charging scenarios in Wuhan. This achievement builds on the Company’s inaugural carbon credit transaction in January 2025, marking a significant breakthrough in the implementation of carbon-inclusion mechanisms within the green transportation sector at a regional level.

In this project, NaaS leveraged its self-developed carbon asset trading platform to precisely identify demand from carbon credit purchasers and provided end-to-end solutions covering carbon asset development, digital ledger management, certification application, transaction matchmaking, and settlement execution. Building on its nationwide charging network, AI capabilities, and carbon-inclusive service expertise, NaaS has established an end-to-end carbon asset management solution from carbon asset planning and digital asset management to closed-loop transaction execution. This achievement provides a scalable and replicable model for the large-scale commercialization of carbon assets within the EV charging sector, while also creating a practical pathway for broader public participation in carbon neutrality initiatives.

The transaction comes against the backdrop of China’s steady advancement toward its “Dual Carbon” goals. Green mobility is a core area of emission reduction, and the EV charging market continues to reduce significant carbon emissions. As of the end of June 2025, China’s new energy vehicle ownership surpassed 36 million, providing a solid foundation for promoting carbon-inclusion within the charging sector. This growing ecosystem has positioned EV charging as a key application scenario that combines scale advantages with broad public participation.

Yubo Zhai, General Manager of Sustainability at NaaS, stated, “China’s electric vehicle charging market is expected to generate carbon assets on the scale of hundreds of thousands of tons in the coming years. NaaS is committed to strengthening our capabilities in green transportation carbon-inclusion. We will continue to optimize our carbon accounting models and digital platforms, and expand trading scenarios and partnership channels to support broader industry participation in the standardized development and efficient management of carbon assets.”

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:
Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com

Cision View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-completes-21-000-ton-carbon-inclusive-credit-transaction-with-strategic-partner-kuaidian-advancing-monetization-in-green-mobility-302651116.html

SOURCE NaaS Technology Inc.

NANCHANG, China, Dec. 31, 2025 /PRNewswire/ — A report from Jiangxi International Communication Center (JXICC): At the end of 2025, when reflecting on the most meaningful part of the year, the Austrian silviculturist and ecologist Alfred Pitterle—now in his late seventies, and a recipient of the Chinese Government Friendship Award—spoke not of any honor or research outcome, but of his time teaching on a Chinese campus. At the podium of Jiangxi Normal University, this elder who has spent a lifetime understanding nature found a new way to sow the seeds of a sustainable future.

 

This year, we had the privilege of interviewing the respected scholar and hearing his green story.

A Mind Shaped by Nature

Whenever he speaks of nature, a gentleness softens his eyes, like a mountain breeze brushing through treetops, carrying him back to his childhood.

Pitterle grew up in Salzburg, an Austrian state known for its stretching mountains and dense forests. These forests not only play a crucial role in soil and water conservation—protecting residential areas from disasters such as avalanches, floods, falling rocks, and landslides—but also underpin the local economy through tourism, timber production, and wood-processing industries.

“Because we live in nature and depend on it for our survival, we should learn to coexist with it.” The childhood experience was a source of enlightenment for Pitterle. It was in this soil of reverence and intimacy that a seed was sown: a deep longing to understand nature’s language—be it a gentle whisper or a stern warning.

The seed, however, has never withered over time. Quietly, it took root and grew within him, ultimately guiding him toward a clear path in the study of forestry. In 1987, Pitterle earned his doctorate in Silviculture from the University of Natural Resources and Life Sciences, Vienna, where he subsequently dedicated himself to teaching, research, and international academic exchange. Even after retiring from the university, he has continued to devote himself tirelessly to scientific collaboration and research.

The childhood memories slowly unfurled like a map that led him through a lifetime of understanding nature. Pitterle believes that as the map expands, it will lead him to serendipitous encounters and resonances that touch the soul.

A Shared Language of Green

In Pitterle’s journey of exploring nature, China has been a place of singular significance. “The Chinese people have always held a deep, philosophical affection for nature,” he observes. This Eastern wisdom—particularly the vision that “lucid waters and lush mountains are invaluable assets”—echoed the reverence and kinship he had felt toward the natural world since childhood, granting him a clearer lens through which he could view China’s path of development.

Diplomatic relations between China and Austria were officially established in 1971. Seven years later, Alfred Pitterle participated as an Austrian expert in a tree seed exchange project between China and Austria. This marked the beginning of his profound connection with China in both personal and professional terms, a bond that has now spanned four decades. During these years, he has been actively involved in China’s ecological civilization development, supporting the nation’s green growth with professional dedication. One such endeavor is the Three-North Shelterbelt Forest Program, which he admiringly calls a green miracle. His footsteps have traversed extensive parts of the country, and he has personally taken part in and witnessed this ongoing ecological progress.

Years of hands-on involvement have given Pitterle a profound understanding of China’s ecological landscape. He firmly believes that ecology transcends national boundaries, and that China’s unique, diverse, and complex forests are vital to global ecological security. For this reason, he has frequently traveled between Austria and China, bringing European forestry management practices and adapting them to the lush landscapes of China.

In 1996, as a technical expert for the Sino-German Financial Cooperation Afforestation Project, Pitterle provided on-site support in Jiangxi, including sites such as Yongxiu County. He assisted with work including tree species selection and spatial planning, playing a key role in enhancing both the ecological and socioeconomic benefits of the project.

In April of this year, when Pitterle returned to Meitang Town, Yongxiu County—a site of the Sino-German Financial Cooperation Afforestation Project in Jiangxi—an elderly local resident learned that the technical expert in front of him was in fact one of those who had helped villagers plant trees years ago. The old man clasped Pitterle’s hand and said in a thick local accent, “This forest has given us hope. Every tree we planted back then now brings in ten yuan a year…”

They did not share a common language. Yet as the two elders walked side by side through the woods, with sunlight filtering through the leaves and casting dappled shadows on the ground, words seemed unnecessary. Silently, the trees kept growing—and so did the understanding and friendship across nations, taking root in the soil beneath their feet.

A Cultivator of Ecological Consciousness

Afforestation may beautify the planet, but Pitterle believes what matters even more is to foster ecological awareness throughout society. Only then will the green endure. What matters to him is not the solutions, but what they leave behind. Hence, he would rather see himself as a cultivator of ecological consciousness.

Since 2024, Pitterle has served as a distinguished professor at Jiangxi Normal University, teaching graduate students in the School of Geography and Environment. In his classroom, rigid frameworks have given way to real-world examples which show how the global ecosystem is interconnected. Students find themselves drawn in. Among them is Wu Zihan, a master’s student in Physical Geography of the 2024 intake.

“In Professor Pitterle’s class, forests are no longer just distant scenery. They become living networks, connecting people to nature and regions to regions,” recalled Wu Zihan. He noted that when lecturing on the global pattern of forest conservation, Pitterle was never confined to European examples. Instead, he adopted a global perspective, weaving together the governance wisdom of different nations. That kind of cross-territory dialogue, he said, “has made the knowledge come alive.”

“He highlighted the role of China in global forest preservation in particular,” Wu added. “China’s practices—protecting natural forests and returning farmland to woodland—have long been studied and discussed internationally as exemplary models.”

Pitterle’s global outlook has profoundly influenced younger researchers. Yang Wenjing, an associate researcher at the School of Geography and Environment, Jiangxi Normal University, serves as the liaison between the university and Pitterle. Her main role is to assist him in organizing materials related to scientific collaboration and international exchanges. She said, “Professor Pitterle is a scholar of remarkable purity. He believes that to tackle global ecological challenges, we must transcend disciplinary and geographical boundaries, deepening our understanding of natural systems so as to galvanize action.”

Influenced by Professor Pitterle, Yang now places greater emphasis on the societal value of her work, rather than merely focusing on publishing papers. “My research perspective has broadened,” Yang remarked. “For instance, when studying Poyang Lake, we don’t just map its boundaries. We try to understand how it connects with the entire watershed.”

Pitterle’s story shows how deep connections can be forged across green landscapes. These connections are not only between humanity and nature, but also reflect a shared understanding between civilizations pursuing the same path toward sustainability.

On this year’s Arbor Day, Pitterle planted a sapling at Jiangxi Normal University. Its roots gripped the soil, while its branches reached for the sky. One day, as young students pass by the tree, they may pause beneath its shade. In that moment, they may recall the old man who came from afar, and how he taught them to understand nature.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/an-austrian-scholars-47-years-of-green-commitment-to-china-302651113.html

SOURCE Jiangxi International Communication Center(JXICC)

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.