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SHANGHAI, May 10, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading artificial intelligence company, announces its latest innovation, TOTD (Try on Today), whose Beta version is now open for testing. This AI-powered outfit-changing software is soon offering an unprecedented true-to-life fashion experience catering to a wide range of users, each with unique needs and interests in the fashion and technology interface. TOTD targets a wide range of individuals who have a strong interest in fashion, beauty, and personal image, including: Online Fashion Shoppers: Users who enjoy the convenience of trying on clothes virtually before making a purchase. Budding Fashion Designers: Recent graduates who may not be able to afford high modeling fees can now present their collections using AI. Creative Artists: Those who utilize AI technology to create or enhance their artistic and video content. Live streamers & audiences: Create different styles of video content through AI. Designer Brands: Brands that can now showcase multiple styles through AI models, providing rich content for online stores. Aiming to provide individuals with a superior AI-aided fashion experience, TOTD stands out from its peers by offering higher algorithmic performance in the market with instant generation capabilities and zero need for manual post-editing. High-fidelity try-on ensures that TOTD delivers the most realistic dressing experience, allowing every user to "shine out" in their digital appearances. Meanwhile, TOTD is fashion-forward, empowering users to lead trends and elevate their image with just a click. TOTD is now available for testing, inviting everyone to experience fashion in a revolutionary way. The platform's ability to simulate various outfits with precision and flair addresses the dynamic needs of its target demographic—enabling creativity, enhancing personal style, and providing practical solutions for industry professionals. Experience TOTD today and step into the future of fashion at https://totd.xiaoi.plus/. About Xiao-I Corporation Xiao-I Corporation is a leading cognitive intelligence company that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: www.xiaoi.com. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's ability to achieve its goals and strategies, the Company's future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission ("SEC"). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, including under the section entitled "Risk Factors" in its annual report on Form 20-F filed with the SEC on April 30, 2024, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Largest and most advanced Business Process Outsourcing (BPO) facility in Kenya commissioned by H.E. The President of Kenya, Dr. William S. Ruto Over 5,000 new jobs created with US$ 50 million investment into CCI Tatu City CCI announces commitment to create another 5,000 jobs with second CCI call centre at Tatu City Commissioning of CCI's BPO facility took place during Elevate Africa Conference at Tatu City TATU CITY, Kenya, May 10, 2024 /PRNewswire/ -- CCI Global, Africa's leading outsourcing firm, proudly announces the grand opening of its Tatu City Call Centre. This new five-story building inside Tatu City, the 5,000-acre Special Economic Zone on Nairobi's doorstep, represents a US$ 50 million investment into the Kenyan BPO industry. The state-of-the-art facility is Kenya's largest call centre, promising to invigorate the nation's economy by creating over 5,000 new job opportunities in the short term. H.E. The President of Kenya, Dr. William S. Ruto (bottom centre), at the commissioning of the CCI Tatu City Call Centre. The new five-story building inside Tatu City represents a US$ 50 million investment into the Kenyan Business Process Outsourcing (BPO) industry. The state-of-the-art facility is Kenya’s largest call centre which promises to invigorate the nation’s economy by creating over 10,000 jobs. Also in attendance were leaders from business and government, including US Ambassador Meg Whitman; Rishi Jatania, CEO of CCI Kenya; Stephen Jennings, Founder & CEO of Rendeavour; Martin Roe, CEO of CCI Global; and Greg Pearson, CEO and co-founder of GREA (credit: Rendeavour). At the commissioning of the CCI Tatu City Call Centre by H.E. The President of Kenya, Dr. William S. Ruto, CCI announced the creation of a second CCI building at Tatu City, with the commitment to double CCI Kenya's call centre workforce to 10,000. These roles span a spectrum of positions, from call centre agents to managerial roles, solidifying Kenya's status as a premier hub for Business Process Outsourcing. Rishi Jatania, CEO of CCI Kenya, reaffirmed the company's commitment to the region, stating, "This launch represents a significant step forward in our mission to provide top-tier BPO services while contributing to Kenya's socio-economic development. We believe in the potential of this region and are excited to set the gold standard for BPO operations in Africa." The launch of CCI's Tatu City Call Centre by took place during the esteemed Elevate Africa Conference, a three-day event at Tatu City uniting industry leaders, policymakers, and stakeholders from around the world. Themed "The Next Chapter of Innovation," the Elevate Africa Conference serves as a pivotal platform for visionary discourse and collaboration across the BPO industry. "CCI's Tatu City Call Centre makes a significant contribution to the development of the BPO industry, which is growing rapidly in our cities, and will create a million jobs for Kenyans alone in the next few years," said Stephen Jennings, Founder & CEO of Rendeavour, the owner and developer of Tatu City. "With the right management, technology, international access and enabling ecosystem, Kenyan BPO workers excel on a global scale." At the heart of CCI's expansion lies a US$ 50 million investment in CCI Tatu City's development, reflecting a portion of CCI Global's US$ 150 million investment in Kenya since 2016. With a track record of investments exceeding US$ 2 billion across Africa since 2006, CCI reaffirms its dedication to driving economic empowerment on a continental scale. Martin Roe CEO of CCI Global, stated, "I am pleased to affirm Africa's prominence as a top destination for call center operations, with Kenya emerging as a standout choice. Our decision to expand across Kenya reflects our profound confidence in the country's thriving BPO industry and its capacity for sustained growth. As we continue our journey in Kenya, contributing to its economic advancement and providing meaningful employment opportunities, I am thrilled to announce a significant milestone: the upcoming launch of another new CCI building in Tatu City. This strategic move follows the resounding success of our existing operations, which have already reached full occupancy. This expansion reinforces our strong commitment to Kenya." As CCI embarks on this transformative journey, it remains steadfast in its mission to combat unemployment and drive socioeconomic progress in Nairobi and beyond. Strategic partnerships with organizations like CareerBox Africa enable the provision of digital skills training programs, empowering unemployed youth, particularly young women, to upskill young people for work in the BPO industry. Buildings Sustainability - Kenya's Largest Call Centre Will Run on 96% Renewable Energy The new five-story Tatu City contact centre in Kenya, developed by GREA as part of the ENEO development, will operate almost exclusively on 96% renewable energy – with solar panels to be installed, natural air corridors, and self-shading walls to almost totally mitigate the Co2 emissions involved in the call centre's energy production and consumption. The new facility has received two awards from The African Property Awards, and EDGE Green Building and Sustainability Excellence Associate (SEA) certifications for environmental responsibility. "Eneo at Tatu Central represents the pinnacle of BPO facilities, combining state-of-the-art amenities with green design principles and community involvement, to create a sustainable, dynamic, and thriving community hub," said Greg Pearson, CEO and co-founder of GREA, the developer of Eneo at Tatu Central. Female Empowerment in Kenya The construction of CCI Tatu City had a socio-development focus, with the involvement of a female construction team, Buildher - a non-profit social enterprise in Kenya that equips disadvantaged young women with accredited construction skills and gives stable employment on urban development projects in Kenya. A cohort of 30 females worked on-site during construction and fit-out of CCI Tatu City, setting a new benchmark for women in the built environment in Africa. The Buildher project aims to create financial prosperity for Kenyan women, change male attitudes, and promote gender equality within the African construction industry. The Buildher project is run by the CCI Tatu City developer Gateway Real Estate Africa. About CCI Global Tatu City now marks CCI's 17th international contact centre, with call centres across Kenya, Egypt, South Africa, Ethiopia, Ghana, and Rwanda. CCI Global serves well-known companies from North America, UK, Australia, Europe, Australia, and New Zealand, outsourcing their business processes to Africa, mainly customer service divisions. The company has a headcount of 15,000+ staff and serves over 80 companies across telecoms, media, mobile technology, financial services, hospitality, and healthcare. As a firm that focuses on impact-sourcing, CCI works predominantly with large English-speaking companies to bring international roles to Africa to support job creation and digital skills development in African regions struggling with high unemployment. About Tatu City Tatu City is a 5,000-acre new city on Nairobi's doorstep with homes, schools, businesses, a shopping district, medical clinic, nature areas and recreation for more than 250,000 residents and tens of thousands of day visitors. Tatu City's schools educate thousands of students daily, a range of homes suits all incomes and more than 78 businesses thrive in the country's first operational Special Economic Zone. Located 30 minutes from Westlands, Tatu City represents a new way of living and thinking for all Kenyans in a live, work and play environment that is free from traffic congestion and long-distance commuting. More than 78 local, regional and global businesses are operational or under development in Tatu City's business-friendly location, including CCI Global, Heineken, Kärcher, Dormans, Copia, Cooper K-Brands, Grit Real Estate Income Group, Twiga Foods, Freight Forwarders Solutions, ADvTECH, Friendship Group and Davis & Shirtliff. Business benefits at Tatu City SEZ include VAT zero-rating, import and stamp duty exemptions and 10% corporate tax for the first 10 years. Tatu City is a development by Rendeavour, Africa's largest new city builder with 30,000 acres of visionary projects in growth trajectories across Ghana, Nigeria, Kenya, Zambia and the Democratic Republic of Congo. For more information about Rendeavour, please visit: https://www.rendeavour.com/
HANGZHOU, China, May 10, 2024 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that it has entered into definitive agreements with a number of investors providing for the issuance of 1.61 million ordinary shares, at a purchase price of $1.70 per share, in a registered direct offering for aggregate gross proceeds of approximately $2.74 million. The closing of the sale of the securities is expected to occur on or about May 17, 2024, subject to satisfaction of customary closing conditions. Jo-Jo Drugstores intends to use the net proceeds from the offering for general corporate purposes and working capital. The ordinary shares described above are being offered pursuant to a "shelf" registration statement on Form F-3 (File No. 333-259692), which was declared effective by the United States Securities and Exchange Commission (the "SEC") on December 19, 2022. The ordinary shares described above may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. When filed with the SEC, copies of the final prospectus supplement and the accompanying prospectus relating to the registered direct offering may be obtained at the SEC's website at http://www.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About China Jo-Jo Drugstores, Inc. China Jo-Jo Drugstores, Inc. ("Jo-Jo Drugstores" or the "Company"), is a leading online and offline retailer and wholesale distributor of pharmaceutical and other healthcare products and a provider of healthcare services in China. Jo-Jo Drugstores currently operates an online pharmacy and retail drugstores with licensed doctors on site for consultation, examination and treatment of common ailments at scheduled hours. It is also a wholesale distributor of products similar to those carried in its pharmacies. For more information about the Company, please visit http://jiuzhou360.com. The Company routinely posts important information on its website. Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company's encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission. For more information, please contact: Company Contact: Frank ZhaoChief Financial Officer+86-571-88077108frank.zhao@jojodrugstores.com Investor Relations Contact: Tina XiaoAscent Investor Relations LLC+1- 646-932-7242investors@ascent-ir.com
BEIJING, May 10, 2024 /PRNewswire/ -- A news report from China.org.cn on extreme weather and climate change:  In coping with more frequent extreme weather, more concerted efforts are required Several days ago, when over 400 drones performed at a light show in Nanning, southern China's Guangxi Province, a sudden gale followed by a thunderstorm struck. Many drones lost control and went missing, with the owner incurring about two million RMB in losses. This, is just a tiny example of what extreme weather can do. Recently, China's Guangdong Province, Hong Kong and Macao SAR sent consecutive warnings about downpours, which have affected transportation and even power and water supply, while increasing the risk of more severe natural disasters. Across the Pacific, intense rainfall and its secondary disasters also ravaged Rio Grande do Sul in Brazil and Texas in the U.S. Meanwhile, extreme heat waves are scorching countries including Vietnam, the Philippines, and India. For such extreme weather and climate, quoting UN Secretary-General António Guterres, the "human impact is clear: lives taken, livelihoods lost, economies upended." Many must have noticed that in recent years, extreme weather conditions that supposedly occur "once in a centennial," seem to be far more commonplace. According to experts, the increased frequency of extreme weather is inseparable from the impact of global warming. The World Meteorological Organization (WMO) released a report on the global climate in March, which confirmed that 2023 was the warmest year on record. Meanwhile, records have also been broken for ocean heat, sea level rise, Antarctic sea ice loss and glacier retreat. A piece released on the Nature website suggested that 2024 could see even more extreme weather and climate impacts than 2023. Faced with a common global challenge, nothing positive would come out of finger-pointing or playing the blame game among countries by leveraging the climate issue as a battlefield, or cashing in on it for political gain. The only meaningful response is to join hands and tackle climate change collectively. Fortunately, many countries have already acted. They have paid constant attention to the problem, conducted studies on it, not only seeking new solutions, but also iterating current measures to cope with climate change, along with engaging in dialogues and collaboration with other countries. International organizations like the UN Intergovernmental Panel on Climate Change, and the WMO have also been doing their part. At COP28 in 2023, evident progress has been achieved in climate finance, and nearly 200 Parties for the first time agreed to transition away from fossil fuel, which marks the "beginning of the end." Countries are now standing up to this cross-border challenge. To bring extreme weather back to "once in a centennial," the world needs to see more solidarity and concerted efforts from all parties. China Mosaic http://www.china.org.cn/video/node_7230027.htmIn coping with more frequent extreme weather, more concerted efforts are requiredhttp://www.china.org.cn/video/2024-05/10/content_117179991.htm
PARIS, May 10, 2024 /PRNewswire/ -- On the evening of May 4, the "Sino-French Gastronomy Carnival" began along the Seine River in Paris, France. This carnival was supported by the Chinese Embassy in France and the World Federation of Chinese Catering Industry and is one of the highlights of the 2024 Sino-French exquisite cultural exchange activities. It featured French and Chinese culinary displays, culinary cultural exchanges, and artistic performances, and was attended by over 70 important guests from the cultural and culinary fields of both China and France. The "Charm of Jiangsu" food culture exchange exhibition, brought by the Jiangsu Provincial Department of Culture and Tourism, impressed the locals. Guests appreciate the Chinese tea performance. Jiangsu Province is home to a rich historical legacy, and its unique culinary culture has become a significant representation of Chinese culture on the international stage. In 2019 and 2021, UNESCO recognized Yangzhou and Huai'an as Cities of gastronomy. Additionally, UNESCO put "Chinese Traditional Tea-making Techniques and Related Customs", which includes Suzhou Biluochun Tea, Nanjing Yuhua Tea, and Yangzhou Fuchun Tea Snacks Production Techniques, on its Representative List of the Intangible Cultural Heritage of Humanity in 2022. At the event, the French guests were greatly impressed by Jiangsu's Biluochun green tea. They appreciated its rich aroma, deep cultural significance, and the exquisite traditional tea-making techniques used to produce it. The Jiangsu-style tea snacks provided by the Overseas Practice Base of Yangzhou University's School of Tourism and Culinary Arts also offered the guests a delightful combination of flavors. Additionally, the micro-documentary series "Jiangsu Culture" highlighted Huaiyang Cuisine, while the tea-themed travel guide "Jiangsu Glimpses" showcased Jiangsu's culinary and tea culture through a diverse range of visual images and multiple languages. Jiangsu is a well-known tea region and a center of tea culture in China. In recent years, it has organized various events to promote tea globally. These events include themed promotions such as "Tea and the World" and "Tea and the World: Elegant Gathering in Jiangsu". This year marks the 60th anniversary of diplomatic relations between China and France, and the Jiangsu Provincial Department of Culture and Tourism plans to continue using food and culture as bridges to promote cultural exchanges and mutual understanding between two countries. It will also continue to showcase the charm of Jiangsu globally.
NANCHONG, China, May 10, 2024 /PRNewswire/ -- When walking into the factory of auto parts maker Bosa in Peng'an county, Sichuan province, people must be amazed by how efficiently robots weld on the production line. Staff members work at the factory of Bosa in Peng'an, Sichuan province The company has established a modular automated production line, with its products supplied to domestic leading car manufacturers, said a representative from Bosa. "In terms of productivity, one welding robot is comparable to four proficient welders and unaffected by physical conditions. The weld joints are smooth and beautiful," the representative said. A similar scene can be observed at Wangda Feed in Peng'an. The company is employing smart robotic arms to stack bags of feed, which are then transported to the finished items area by forklifts. "Previously there were 25 workers in the workshop, but now only seven people are required to complete all the tasks," said a staff member from the company. With up-to-date feed processing equipment, Wangda has formed a fully automated production chain from the input of raw materials, blending and grinding to outputs and bagging. It has also established a national-level technology center and obtained 10 invention patents and 24 utility patents. Over the past few years, Peng'an has launched several programs to foster its industry sector, leading to the increasing added value of industrial enterprises above designated size and more investment in manufacturing industries. Local officials said the county will focus on the emerging industries and the trends of industrial development, endeavoring to grasp the opportunities in the new round of industrial transformation. "We will pour more resources into our major industries such as agricultural products processing, energy, and auto parts; and promote the integrated development of traditional industries, emerging industries and future industries," local officials said. As a key agricultural county in Nanchong city, Peng'an has set ambitious goals for this year, including a planting area of 1.204 million mu (80,266.67 hectares) for grains, beans and oilseeds, and a total output of 383,700 metric tons. Currently, there are more than 30 agricultural product processing enterprises and five major agricultural industrial parks in Peng'an. To support the development of modern agriculture, local authorities offer farmers training courses, while they organize a volunteer group during the busy seasons to help farmers. "Besides farmers with vast cropland, we also assist small farmers when they face labor shortages," said Li Yuejun, Party secretary of Shaba village in Pingtou township, Peng'an. Situated along the Jialing River, the county is a popular tourism destination among residents in neighboring regions. Official data showed that it received 9.2 million tourists in 2023. The Xiangru Ancient Town, a city-level 4A attraction in Peng'an, is considered the birthplace of the poet and musician Sima Xiangru (179-118 BC). The town covers a total area of some 13,000 square meters and has five historical blocks, 50 characteristic ancient courtyards and 100 miniature museums. During the May Day holiday from May 1-5, the scenic spot provided visitors with night tours as well as a variety of folk performances and light shows. "Peng'an is a charming place with picturesque scenery and profound historical and cultural heritage. Every time I come, I have different experiences and feelings," said Yuan Chengwu, a tourist from Bazhong city, Sichuan province.
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