
LEPAS's First Overseas Showcase: Redefining Premium Mobility at Indonesia Auto Show
By choosing Indonesia—Southeast Asia's pivotal market—for its overseas debut, LEPAS demonstrates its forward-looking strategy and unwavering confidence in emerging markets worldwide. At this year's Indonesia International Auto Show, LEPAS will bring its brand philosophy "Colorful Life, Masterful Drive" to life through the event's most vibrant exhibition space. The brand will transform its display area into a premium lifestyle runway, where bold colors, sophisticated design, and interactive elements come together to deliver a truly immersive experience that breaks from conventional automotive showcases. Chief Designer of LEPAS will also be present at the venue, engaging in in-depth discussions with visitors and media representatives to explore the endless possibilities of elegant mobility for the future.
Adhering to its "In Somewhere, For Somewhere" development philosophy, LEPAS is actively integrating into the Indonesian market by accelerating the establishment of a comprehensive sales and service network to precisely meet local consumers' needs.
At this auto show, LEPAS will present its star product portfolio —L8, L6, and L4—making their first collective appearance. L8, a benchmark SUV in its segment, combines elegant styling with a tech-forward cockpit, spacious comfort and comprehensive safety features—making it an ideal choice for urban elites pursuing a premium lifestyle. The show will also witness the debut of the all-new L6 and L4 models. With segment-leading performance, these vehicles will extend LEPAS's appeal to wider customers—from fashion-forward urbanites to individuality-seeking sophisticates—collectively delivering a premium brand experience that blends exceptional value with elevated quality for global customers.
LEPAS's global premiere is just the beginning. Establishing Indonesia as its strategic springboard, the brand is rapidly advancing its mission to become 'the brand of choice for premium lifestyles' worldwide. This auto show will see LEPAS unveiling the most vibrant display—not simply as visual spectacle, but as a symbol of its commitment to exploring and embracing colorful life and cultural diversity. Powered by human-centered technology and speaking the universal language of color, LEPAS is now embarking on its global journey from China, leading a new generation of urbanites toward their aspirational vision of premium mobility.

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Cision Canada
an hour ago
- Cision Canada
PowerBank and Intellistake Announce Strategic Alliance to Pioneer Digital Currencies, including Bitcoin Treasury Integration and RWA Tokenization
Highlights of the Partnership: Digital Currency Treasury Program: PowerBank will accumulate Bitcoin and Intellistake will accumulate digital currencies that support decentralized AI.. Bitcoin Treasury Management: Intellistake will help manage digital asset operations for PowerBank and serve as PowerBank's supporting partner for security, custody, and treasury management. Tokenized Energy Assets: Potential for First-of-their-kind tokens backed by RWA including solar and storage infrastructure. VANCOUVER, BC, July 31, 2025 /CNW/ - POWERBANK CORPORATION (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) (" PowerBank" or the " Company") – announces a transaction with Intellistake Technologies Corp. (" Intellistake") that involves the intersection of digital assets, energy, and tokenized finance. Intellistake (CSE: ISTK) is a technology company bridging traditional capital markets with decentralized AI and blockchain infrastructure, and PowerBank (formerly SolarBank), is a leader in clean energy infrastructure. Together, these two high-growth companies will pursue three seminal initiatives: A Digital Asset Treasury Program: Leveraging Bitcoin as a long-term treasury reserve asset, PowerBank, with Intellistake's support, intends to accumulate and hold Bitcoin on its balance sheet and Intellistake intends to accumulate digital assets that support decentralized AI, such as FET Token — aligning with the global shift toward decentralized financial reserves. Bitcoin Treasury Management: Under the partnership framework, Intellistake will help manage digital asset operations for PowerBank and serve as PowerBank's supporting partner for security, custody, and treasury management of Bitcoin. The Tokenization of Real-World Assets (RWA): Intellistake and PowerBank are evaluating the potential tokenization of PowerBank's clean energy assets or shares — providing an investment and financing alternative. "Tokenization is no longer a concept—it's an inevitability," said Jason Dussault, CEO of Intellistake. "By combining our expertise in capital markets and digital asset custody with PowerBank's scalable, real-world energy platform, we're unlocking a new opportunity.." As institutions and sovereign funds increasingly embrace tokenized securities and decentralized asset strategies, the Intellistake–PowerBank partnership centres on transforming legacy energy systems into a tokenized product. According to a recent report by CryptoSlate, analysts forecast that the market cap for tokenized real-world assets (RWAs) could reach $30 trillion by 2034 (1) —driven by advances in blockchain, AI, and investor demand for transparent, real-time asset ownership and settlement. "This partnership is about more than collaboration—it's about setting the pace for a shift in how companies manage capital and assets," said Dr. Richard Lu, CEO of PowerBank."As the world accelerates toward AI, automation, and clean energy, Bitcoin and tokenization are presenting new opportunities. PowerBank and Intellistake are here to take part in that transformation, to bridge traditional energy infrastructure with the demand of the digital economy." Intellistake and PowerBank are presently evaluating the regulatory framework for tokenization. Any tokenization will be subject to it being completed in compliance with applicable law, regulatory requirements and terms of any underlying agreements associated with PowerBank assets. The actual structure of such tokenization, the assets that would be subject to tokenization, and the associated timeline, have not yet been determined. Intellistake and PowerBank will provide further updates as material developments related to this tokenization strategy occur. The actual timing and value of Bitcoin purchases, under the allocation strategy will be determined by management. Purchases will also depend on several factors, including, among others, general market and business conditions, the trading price of Bitcoin and the anticipated cash needs of Intellistake or PowerBank. The allocation strategy may be suspended, discontinued or modified at any time for any reason. Intellistake will support PowerBank's establishment of custody for its digital currency purchases and PowerBank no longer intends to utilize Coinbase for this service. As of the date of this press release, no Bitcoin purchases have been made. For additional information on the business of Intellistake please refer to In addition, the Company has issued a total of 56,275 shares to certain former and current directors and officers of Solar Flow-Through Funds Ltd. ("SFF") These shares are issuable in connection with outstanding directors fees due to such directors or officers that were assumed as part of the acquisition of Solar Flow-Through Funds Ltd. ("SFF"). The issuance of 10,905 shares to Matthew Wayrynen (director and officer of the Company) and 10,905 indirectly to Frederick Jung (officer of SFF) (collectively, the "Related Parties"), will be considered "related party transactions" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security holders in Special Transactions ("MI 61-101") adopted in the Policy. The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of such Related Parties' participation in the Debt Settlement as neither the fair market value of the Debt Settlement of, nor the fair market value of the Shares to be issued thereunder, insofar as it involves Related Parties, is expected to exceed 25% of the Company's market capitalization (all as determined under MI 61-101). A material change report will not be filed in connection with this transaction. The securities of the Company that will be acquired by the Related Parties will be acquired pursuant to an exemption from the prospectus requirement in section 2.14 of National Instrument 45-106. The Board of Directors of the Company approved the issuance of these shares with Mr. Wayrynen abstaining from voting on the approval of the issuance of his shares. As a result of this transaction Mr. Wayrynen and Mr. Jung's percentage ownership of common shares of the Company will increase to 0.40% and 0.10%, respectively. The issuance of shares is subject to final acceptance of the Cboe Canada Exchange Inc. and all shares issued thereunder will be subject to a statutory hold period of four months and a day from the date of issuance in accordance with applicable securities legislation. About PowerBank PowerBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. To learn more about SolarBank, please visit Cautionary Note Regarding Forward-Looking Information 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; details of the partnership between Intellistake and PowerBank including the Bitcoin treasury program, Bitcoin treasury management and tokenized energy assets, and expectations regarding the market for digital currencies, tokenization and decentralized AI, and the size of 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: 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 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 projects 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 Canada
an hour ago
- Cision Canada
Intellistake and PowerBank Announce Strategic Alliance to Pioneer Digital Currencies, including Bitcoin Treasury Integration and RWA Tokenization
Highlights of the Partnership: Digital Currency Treasury Program: PowerBank will accumulate Bitcoin and Intellistake will accumulate digital currencies that support decentralized AI. Bitcoin Treasury Management: Intellistake will help manage digital asset operations for PowerBank and serve as the Company's supporting partner for security, custody, and treasury management. Tokenized Energy Assets: Potential for First-of-their-kind tokens backed by RWA including solar and storage infrastructure. VANCOUVER, BC, July 31, 2025 /CNW/ - Intellistake Technologies Corp. (CSE: ISTK) (OTC: ISTKF) (FSE: E41) (" Intellistake" or the" Company") – announces a transaction with PowerBank Corporation (" PowerBank") that involves the intersection of digital assets, energy, and tokenized finance. Intellistake is a technology company bridging traditional capital markets with decentralized AI and blockchain infrastructure, and PowerBank (Nasdaq: SUUN) (formerly SolarBank), is a leader in clean energy infrastructure. Together, these two high-growth companies will pursue three seminal initiatives: A Digital Asset Treasury Program: Leveraging Bitcoin as a long-term treasury reserve asset, both PowerBank, with Intellistake's support, intends to accumulate and hold Bitcoin on its balance sheet and Intellistake intends to accumulate digital assets that support decentralized AI, such as FET Token — aligning with the global shift toward decentralized financial reserves. Bitcoin Treasury Management: Under the partnership framework, Intellistake will help manage digital asset operations for PowerBank and serve as PowerBank's supporting partner for security, custody, and treasury management of Bitcoin. The Tokenization of Real-World Assets (RWA): Intellistake and PowerBank are evaluating the potential tokenization of PowerBank's clean energy assets or shares — providing an investment and financing alternative. "Tokenization is no longer a concept—it's an inevitability," said Jason Dussault, CEO of Intellistake. "By combining our expertise in capital markets and digital asset custody with PowerBank's scalable, real-world energy platform, we're unlocking a new opportunity.." As institutions and sovereign funds increasingly embrace tokenized securities and decentralized asset strategies, the Intellistake–PowerBank partnership centres on transforming legacy energy systems into a tokenized product. According to a recent report by CryptoSlate, analysts forecast that the market cap for tokenized real-world assets (RWAs) could reach $30 trillion by 2034 (1) —driven by advances in blockchain, AI, and investor demand for transparent, real-time asset ownership and settlement. "This partnership is about more than collaboration—it's about setting the pace for a shift in how companies manage capital and assets," said Dr. Richard Lu, CEO of PowerBank."As the world accelerates toward AI, automation, and clean energy, Bitcoin and tokenization are presenting new opportunities. PowerBank and Intellistake are here to take part in that transformation, to bridge traditional energy infrastructure with the demand of the digital economy." Intellistake and PowerBank are presently evaluating the regulatory framework for tokenization. Any tokenization will be subject to it being completed in compliance with applicable law, regulatory requirements and terms of any underlying agreements associated with PowerBank assets. The actual structure of such tokenization, the assets that would be subject to tokenization, and the associated timeline, have not yet been determined. Intellistake and PowerBank will provide further updates as material developments related to this tokenization strategy occur. Intellistake has very recently completed the change of business transaction and is presently at an early stage of development. It has not yet acquired any digital assets, nor has it commenced validator and staking operations. It has also not yet developed any AI technology solutions. With the change of business completed it will now commence the execution of the business plan described in the Listing Statement dated June 30, 2025 and filed with the Canadian Securities Exchange and on SEDAR+ at It is important to note that as with any investment there are risks including that digital assets remain an emerging assets class with government regulation still under development, there has been significant volatility in digital assets and their value can decline rapidly, historical performance of digital assets in not indicative of their future performance and global digital asset demand may not continue to increase due to global financial conditions and other factors. Intellistake is a start-up that does not have the same access to capital as other larger more established companies. Please refer to "Cautionary Note Regarding Forward-Looking Information" and the Listing Statement for additional details on the risks associated with the Company's business. The actual timing and value of Bitcoin purchases, under the allocation strategy will be determined by management. Purchases will also depend on several factors, including, among others, general market and business conditions, the trading price of Bitcoin and the anticipated cash needs of Intellistake or PowerBank. The allocation strategy may be suspended, discontinued or modified at any time for any reason. As of the date of this press release, no Bitcoin purchases have been made. (1) For additional information on the business of Intellistake please refer to About PowerBank For additional information on the business of Intellistake please refer to Company Contact Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" concerning anticipated developments and events related to the Company that may occur in the future. Forward looking information contained in this news release includes, but is not limited to, all statements in respect of the Company's growth and development, the operations and business segments of the Company; details of planned validator operations, details of the partnership between the Company and PowerBank including the Bitcoin treasury program, Bitcoin treasury management and tokenized energy assets, and expectations regarding the market for digital currencies, tokenization and decentralized AI. In certain cases, forward-looking information can be identified by the use of words such as "expects", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "would", or "might" suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain assumptions regarding, among other things, the Company will continue to have access to financing until it achieves profitability; the technology and blockchain industries in which the Company intends to focus its business in will grow at the rate and in the manner expected; the ability to attract qualified personnel; the success of market initiatives and the ability to grow brand awareness; the ability to distribute Company's services; the Company creates strategies to mitigate risks associated with cryptocurrency price fluctuations; the Company remains compliant with all applicable laws and securities regulations; the Company engages and collaborates with local experts, as necessary, to address jurisdiction-specific matters and ensures compliance with foreign regulations to avoid penalties; the Company addresses any potential cybersecurity threats promptly and effectively; and the ability to successfully deploy the new business strategy as a result of the change of business. While the Company considers these assumptions to be reasonable, they may be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to general business, economic and social uncertainties; failure to raise the capital necessary to fund its operations; inability to create strategies to mitigate the risks associated with cryptocurrency price fluctuations; the costs of regulation in the digital asset industries increase to the extent that the Company is no longer generating sufficient returns for shareholders; failure to promptly and effectively address cybersecurity threats; insufficient resources to maintain its operations on a competitive basis; and the actual costs, timing and future plans differs expectations; legislative, environmental and other judicial, regulatory, political and competitive developments; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties; delay or failure to receive regulatory approvals; failure to attract qualified personnel, labour disputes; and the additional risks identified in the "Risk Factors" section of the Company's filings with applicable Canadian securities regulators. Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.


Cision Canada
2 hours ago
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OpenWay recognized as Best-in-Class in Datos Insights' 2025 Matrix for Merchant Acquiring Platforms
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