Abaxx Exchange and Qingdao International Energy Exchange Explore Strategic Physical LNG Collaboration

TORONTO, Sept. 07, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that Abaxx Exchange and Qingdao International Energy Exchange, a key energy trading platform in China, intend to explore strategic collaboration in the physical liquefied natural gas (LNG) market.

By combining Abaxx’s physically-deliverable liquefied natural gas (LNG) futures and clearing infrastructure with Qingdao International Energy Exchange’s established position in China’s energy markets, the collaboration aims to connect international suppliers with China’s demand centers and strengthen Asia’s LNG marketplace through deeper liquidity, transparent benchmarks, and improved risk management tools — supporting more efficient cross-border trade and the global transition to cleaner energy sources.

Key Focus Areas of the Collaboration are Expected to Include:

• Physical LNG Market Integration: Developing mechanisms for cross-border LNG trade that connect global suppliers with China’s demand centers.
• Price Benchmark Development: Exploring the creation of transparent, market-driven LNG pricing references for the Asia-Pacific region.
• Risk Management Solutions: Offering innovative clearing and settlement services to reduce volatility and enhance trading confidence.
• Energy Products Collaboration: Extending beyond LNG, with a wider scope of energy market products to collaborate and support cross border trading needs.

“We are excited to work with Qingdao International Energy Exchange to strengthen the LNG trading ecosystem in Asia,” said Nancy Seah, CEO of Abaxx Exchange. “This engagement reflects our commitment to aligning international LNG benchmarks with China’s growing demand centers through infrastructure designed for physical trade flows.”

“Partnering with Abaxx Exchange presents a significant opportunity to enhance connectivity between China’s energy market and global participants,” said a spokesperson at the Qingdao International Energy Exchange. “Together, we can foster a more robust, efficient and accessible LNG marketplace.”

This collaboration aims to promote cross-border cooperation in commodity trading between Singapore and China, reinforcing a shared commitment to advancing sustainable energy solutions.

About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.

Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement, and transfer agency services designed to reduce risk and improve reliability across asset classes.

For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

For more information about this press release, please contact:

Steve Fray, CFO
Tel: +1 647-490-1590

Media and investor inquiries:

Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech

Cautionary Statement Regarding Forward-Looking Information

This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.

In particular, this press release contains forward-looking statements including, without limitation, statements regarding the key features and potential results, benefits and market impact of the collaboration with Qingdao International Energy Exchange, statements with respect to the scope and focus areas of the collaboration, the Company’s business strategies, plans, and objectives, the development of new markets and products, and expectations regarding market adoption and regulatory approvals. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Abaxx to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the ability to implement business strategies and pursue business opportunities; the ability to attract and retain customers; the development of new products and services; the impact of competition; changes in general economic, market and business conditions; the regulatory environment; and other risks and uncertainties. Although Abaxx has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Abaxx does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.