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LOS ANGELES, May 26, 2023 /PRNewswire/ -- SID Display Week 2023, an influential event hailed as the "Oscars" in the display industry, was held in Los Angeles, the United States, from May 23 to 25, 2023. Mr. Chen Yanshun, Chairman of BOE, and Mr. Gao Wenbao, President of BOE were invited to attend the opening ceremony of SID Display Week. At the same time, BOE hosted the "Define the Future – BOE Innovation Ecosystem Forum" during the event, paying homage to the 30th anniversary of its founding with world-leading technologies of display. Chen Yanshun, Chairman of BOE, attended the forum and delivered a speech. He reviewed the company's 30-year epic journey and shared his insights on the future of the display industry, which received enthusiastic responses from the audiences. 60-plus years of impactful witness to industry revolutions As a prestigious organization dedicated to the global display industry, the SID is celebrating its 61st birthday this year. Ever since its inception some 60 years ago, SID has witnessed the evolution of the global display industry, and served as a comprehensive communication and cooperation platform covering technology, materials, equipment and applications, playing a pivotal role in the commercialization and industrialization of frontier display technologies. Looking back at the development of the industry, Chen Yanshun said, "This year, we are celebrating the 61st birthday of SID, which has witnessed the evolution of the display technology from CRT to PDP, TFT-LCD, OLED, and MLED. Display functions are expanding from solely video to touch interaction, fingerprint recognition, and embedded audio. The display form factor transformed from bulky black-and-white CRT to slim vibrant flat-panel LCD. People from all over the world have benefited from the revolutions in the display industry. We all deserve a thunderous round of applause for our relentless journey filled with innovation!" 30 years of entrepreneurial journey through hard work and perseverance Founded in the spring 30 years ago, BOE has emerged as a global leader in the display industry. "Over the past 30 years, we have been navigating the dynamics of the global display industry, following and being followed by our competitors, and inspiring and being inspired by our partner," said Chen Yanshun. Over the past three decades, BOE has transformed from an electronic component enterprise valued at RMB60 million into a world-leading IoT company with annual revenue of over RMB100 billion, and from a local enterprise with over 10,000 employees to a global innovative IoT company with more than 100,000 employees. BOE played a crucial role in tackling the "shortage of panels" faced by China's electronics industry, built the first Gen 5, Gen 6 and Gen 10.5 production lines in the Chinese mainland, and now has 17 world-leading semiconductor display production lines, leading China's display industry to grow from the ground up. BOE's glittering trajectory is exactly attributed to its respect for technology and dedication to innovation. "We believe that 'there are no weak markets, only weak mentality or weak products.' Continuous innovation is our core competence and our source of sustainable growth. Like observing the Earth from outer space, BOE identifies and captures long-term trends and opportunities at a very high level, making strategic contributions to the entire display industry," said Chen. Currently, one out of every four displays in the world comes from BOE. As of 2022, BOE had independently filed more than 80,000 patent applications in total, made into the top 20 on the list of the Top 50 U.S. Patent Assignees released by IFI CLAIMS Patent Services for five consecutive years, and stayed among the top 10 by international Patent Cooperation Treaty (PCT) patent applications for seven years in a row. "Continuous innovation" holds key to BOE's brilliant success in the past and will also usher in a new era of high-quality development for the company. 10 years of accelerated transformation based on "Empower IoT With Display" strategy Ten years have passed since BOE made its debut at SID Display Week in 2014. The ten years have witnessed closer ties between BOE and the global top display event, and BOE's stride toward high-quality development based on its "Empower IoT With Display" strategy in the IoT era. Over the past ten years, BOE has scored remarkable achievements. For example, in 2020, it became the first semiconductor display enterprise in the Chinese mainland to receive the SID Display Industry Awards (DIA). Furthermore, BOE launched the first technology brand (ADS Pro, f-OLED and α-MLED) in China's semiconductor display industry, marking the beginning of "technology + brand" dual drive. BOE is also pressing ahead with its own transformation. In 2021, it launched the "Empower IoT With Display" development strategy, with a view "To Integrate More Functions, To Empower More Scenarios, To Diversify More Forms". "61 + 30 + 10 equals 101. If 'one hundred' represents 'completeness' and 'perfection,' then 'one hundred and one' symbolizes a new beginning and a fresh start after a major milestone. I believe this special number, 101, also signifies the success of today's BOE Innovation Ecosystem Forum and the bright future of the next 100 years," Chen Yanshun pointed out. "Innovation" is the eternal theme of the technology industry. "Green" is the color representing the future of our world. The future of the world is unfolding in countless possibilities. Displays will be ubiquitous in the IoT era. Along this journey, BOE has been and will be "Open, Collaborative and Innovative." "We invite all of you to join forces and nurture a global ecosystem, strengthening our cooperation, and building win-win relationships," Chen added. Riding the trend of the integrated development of the real economy and the digital economy, frontier semiconductor display technologies are empowering myriad application scenarios in a way never seen before. Display is becoming the "first touchpoint" for the digital and smart transformation and wider IT adoption of various industries, and bringing about amazing changes to people's lives. As a world-leading innovative IoT company, BOE is committed to "Light the World with Displays, Change Life with Heart". The company will continue to capitalize on technological innovation and work with its partners to nurture a win-win industry ecosystem and forge ahead toward an open future of fusion development.
BEIJING, May 26, 2023 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, before U.S. markets open on Monday, June 5, 2023. Waterdrop's management team will hold a conference call on June 5, 2023 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows: International: 1-412-317-6061 United States Toll Free: 1-888-317-6003 Hong Kong Toll Free: 800-963976 Hong Kong: 852-58081995 Mainland China: 4001-206115 Chinese Line (Mandarin) Entry Number: 6683992 English Interpretation Line (Listen-only Mode) Entry Number: 8700524 Participants can choose between the Chinese and the English interpretation lines. Please note that the English interpretation option will be in listen-only mode. Please dial in 15 minutes before the call is scheduled to begin and provide the Elite Entry Number to join the call. Telephone replays will be accessible two hours after the conclusion of the conference call through June 12, 2023 by dialing the following numbers: United States Toll Free: 1-877-344-7529 International: 1-412-317-0088 Chinese Line Access Code: 1702325 English Interpretation Line Access Code: 8201572 Additionally, live and archived webcasts of the conference call will be available at the Company's investor relations website at http://ir.waterdrop-inc.com/. About Waterdrop Inc. Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare service to billions through technology. For more information, please visit www.waterdrop-inc.com. For investor inquiries, please contact Waterdrop Inc.IR@shuidi-inc.com
BEIJING, May 26, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ: PT) ("Pintec" or the "Company"), a Nasdaq-listed group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced that Pintec entered into a series of agreements with Otov Alfa Holdings Limited ("Otov") to terminate all terms and provisions of the warrant agreement dated October 19, 2020 (the "Warrant Agreement"), pursuant to which Otov's rights to purchase a certain number of class A ordinary shares of the Company have been ceased and terminated. On May 26, 2023, Pintec and Otov entered into a share transfer agreement (the "Share Transfer Agreement"), pursuant to which Otov agrees to purchase one ordinary share of Sky City Holdings Limited ("Sky City"), a wholly owned subsidiary of the Company incorporated under the laws of British Virgin Island, or 100% shareholding of Sky City, from the Company at nil consideration. As of the closing date of the Share Transfer Agreement, all equity interests held in all direct and indirect wholly owned subsidiaries of Sky City will be indirectly transferred to Otov along with the transfer of one ordinary share of Sky City. On May 26, 2023, Pintec and Otov entered into a warrant termination agreement (the "Warrant Termination Agreement"), pursuant to which all terms and provisions in the Warrant Agreement shall be terminated with immediate effect upon the effectiveness of the Warrant Termination Agreement and all rights and obligations of the relevant parties under the Warrant Agreement shall be ceased and terminated with immediate effect upon the execution of the Warrant Termination Agreement. On May 26, 2023, Ningxia Fengyin Enterprise Management Consulting LLP ("Ningxia Fengyin") and Shanghai Anquying Technology Co., Ltd. ("Shanghai Anquying") entered into an equity pledge release agreement (the "Equity Pledge Release Agreement"), pursuant to which the equity pledge agreement dated November 2020 (the "Equity Pledge Agreement") shall be terminated and Ningxia Fengyin shall relinquish all its rights thereunder, including without limitation all of its right of pledge in the equity interest of the target company (the "Equity Pledge"). Under the Equity Pledge Release Agreement, the Equity Pledge shall be released immediately upon the execution of the Equity Pledge Release Agreement and both parties shall de-register the Equity Pledge with relevant PRC authorities. Mr. Zexiong Huang, acting Chief Financial Officer and director of Pintec, commented, "We appreciate the investors' confidence in our business innovation and hope there will be more opportunities for cooperation in the future. In the current challenging environment, the Company is forging ahead through our strategic transformation. Our management team and I are full of confidence in the Company's future." Safe Harbor Statement This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Among other things, the quotations from management in this announcement, as well as PINTEC's strategic and operational plans, contain forward-looking statements. PINTEC may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve inherent risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, the Company's limited operating history, regulatory uncertainties relating to the markets and industries where the Company operates, and the need to further diversify its financial partners, the Company's reliance on a limited number of business partners, the impact of current or future PRC laws or regulations on wealth management financial products, and the Company's ability to meet the standards necessary to maintain the listing of its ADSs on the Nasdaq Global Market, including its ability to cure any non-compliance with Nasdaq's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. About PINTEC PINTEC is a Nasdaq-listed group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem. It connects business partners and financial partners on its open platform and enables them to provide financial services to end users efficiently and effectively. PINTEC empowers its business partners by providing them with the capability to add a financing option to their product offerings. It helps its financial partners adapt to the new digital economy by enabling them to access the online population that they could not otherwise reach efficiently or effectively. It continues to deliver exceptional digitization services, diversified financial products, and best-in-class solutions with innovative technology, thus to solidify its partnerships and satisfy its clients. For further information, please contact: Pintec Technology Holdings Ltd.Phone: +86 (10) 6506-0227E-mail: ir@pintec.com
2.5 Million POWA Tokens and 1 Million in VEED Prizes Awarded This Month Alone SAN FRANCISCO, May 26, 2023 /PRNewswire/ -- VIMworld, the leading blockchain-based NFT utility platform, is thrilled to launch a major upgrade to its rewards program. With this latest platform update, users can look forward to an array of new rewards for their actions within the VIMworld ecosystem. With new Leaderboard categories, expanded Leaderboard rewards, monthly giveaways on Gleam, and enhanced transparency in rewards distribution, VIMworld aims to enhance user engagement and provide even greater value to the community. VIMworld Announces Massive Rewards for Active NFT Holders New LeaderboardsThe highlight of this upgrade is the addition of new Leaderboard categories, enriching the competitive spirit within VIMworld. The previous category of Top Trader has been separated into Top VIM Trader, Top EGGs Trader, and Top Companions Trader for the most active users on the Marketplace. Each of these new categories will have dedicated Leaderboards for both VEED and BNB cryptocurrencies. This exciting change means that instead of two trading-related rewards, users now have a total of six rewarding categories to compete in, effectively tripling the available rewards. Leaderboard RewardsWith these new Leaderboards, VIMworld unveiled updated monthly $POWA payouts for the new Leaderboard categories. Users will have the opportunity to earn significant rewards based on their performance and achievements in the Leaderboards. The new rewards structure aims to incentivize active participation and trading activities within the VIMworld platform. The table below outlines the monthly $POWA payouts for the all Leaderboard categories: Monthly GiveawaysTo reward additional actions on social media platforms, VIMworld launched a month-long giveaway with 1 million VEED in prizes spread across 20 winners. Anyone can enter by following official social media accounts, joining the VIMworld Discord, completing a survey and referring friends. Enter into the May giveaway until June 16 at Gleam. Reward VisibilityTo provide greater transparency and visibility, VIMworld has introduced a new feature within the Dashboard Rewards section. Users will now find a detailed, itemized list of all their VEED rewards. This comprehensive breakdown will showcase the specific sources of VEED rewards, including Companions, Blessings, and other means. This enhancement ensures that users can easily track and understand how they are earning VEED within the VIMworld ecosystem. VIMworld 101To get started, users can purchase a new SmartNFT in the Arcade or a pre-owned one from the Marketplace, with a variety of tiers and treasures. With a VIM in hand, users can expand their opportunities to play and earn further by purchasing Boxes in the Store, which contain unique and rare EGGs. Purchase an Incubator and a C-tier or higher VIM to match to start the hatching process which is now available for all users to enjoy. VIMworld's new upgrades add more ways to have fun and earn rewards, making it one of the most exciting platforms out there! Interested users can visit VIMworld, join the Discord or check out the Vision Video to learn more. VIMworld's upcoming releases, which include games, decentralized finance (DeFi) features and greater multi-chain compatibility are just around the corner. Access VIMworld nowVIMworld is a revolutionary non-fungible token (NFT) ecosystem that creates a space where entrepreneurship and play combine and thrive. At the heart of VIMworld are the VIMs, distinct and unchangeable digital assets that provide an unalterable system of verification. VIMs can incubate Companions from EGGS, which allow users to win instant jackpots, add unique abilities and stack gaming boosts, making VIMworld the ultimate NFT play-to-win-and-earn platform. To connect to VIMworld and explore all features, download our purpose built crypto and NFT wallet, Nufinetes compatible with Apple and Android devices or desktop of choice. This comprehensive multi-chain wallet can be used across multiple popular blockchains, allowing users to interact with dApps, view NFT collections and store tokens in a secure, slick environment. Twitter — Website — Discord VIMworld unveiled updated monthly $POWA payouts for the new Leaderboard categories. Users will have the opportunity to earn significant rewards based on their performance and achievements in the Leaderboards.
MUNICH, May 26, 2023 /PRNewswire/ -- Huawei held its Commercial Market Summit, as part of its Innovative Data Infrastructure (IDI) Forum 2023, in Munich, Germany, bringing together partners from over 20 countries. During the Summit, themed as 'Together, We Build a Solid Data Infrastructure for Enterprises', Huawei unveiled its new strategy of collaborating with partners to develop the named accounts (NAs), commercial, and distribution markets. Huawei also showcased several new storage products and enablement plans for the commercial market. Through these initiatives, Huawei aims to support partners in effectively participating in the digital transformation of various enterprises. Michael Qiu, President of Global Data Center Marketing & Solution Sales Dept, Huawei Enterprise BG Michael Qiu, the President of Global Data Center Marketing & Solution Sales Dept, Huawei Enterprise BG, emphasized that the wave of digitalization and intelligence will significantly impact all enterprises. He also highlighted the expectation that global digital investment will reach an astonishing US$3.4 trillion by 2026. In order to satisfy diverse needs of the three types of markets, Huawei plans to increase its investment in products, solutions, and IT platforms. Furthermore, the company will collaborate with partners to accelerate the digital transformation of enterprise customers. Four New Products for the Commercial Market At the summit, Huawei launched four storage products that meet the requirements of the commercial market: OceanStor Dorado 2000 All-Flash Storage: This is Huawei's first entry-level flash storage product, with up to 99.9999% reliability and 30% lower power consumption than similar products in the industry. Initial configuration can be completed in just three steps, making it easy to set up and use. OceanStor 2200/2600 Hybrid Flash Storage: This cost-effective product, offering simple configuration and convenient O&M, is designed for small- and medium-sized enterprises in small-capacity scenarios. OceanProtect X3000 Backup Storage: This is the industry's first entry-level active-active backup storage, supporting a data reduction ratio of up to 72:1 that allows 30% more data to be backed up in the same amount of space. DME IQ: This is a one-stop, lightweight O&M tool platform that uses mobile apps and AIOps capabilities to meet O&M requirements anytime, anywhere, ensuring stable services. Additionally, partners can develop more professional services based on this open platform in order to meet more customer requirements. Partnerships Matter: Global Storage Golden Seed Program Huawei recently unveiled its 'Global Storage Golden Seed Program', aimed at inviting them to explore and collaborate on cutting-edge storage technologies. The company also plans to bolster its investment in the local Flash Elite Club, creating a localized platform for exchanging technology and offering professional technical training and support to a wider range of partners. These initiatives demonstrate Huawei's commitment to fostering innovation and collaboration within the industry. According to Xia Xingchang, the Vice President of the Huawei Enterprise Business Europe, Huawei is dedicated to providing its partners with more opportunities and platforms to enhance both their capabilities and confidence, with the ultimate goal of achieving mutual success.
SHANGHAI, May 26, 2023 /PRNewswire/ -- On May 25, Antaisolar and Jinko Technology held a strategic cooperation agreement signing ceremony at SNEC 2023 in Shanghai. The two parties agreed to establish a global strategic partnership in the field of clean energy, based on the principles of mutual benefit, complementary advantages, resource sharing, and win-win development. Antaisolar CEO Huang Liqin and Jinko Technology CEO Wang Hong signed on behalf of both parties. The global clean energy industry is highly competitive while developing clean energy is a common goal for many countries to achieve energy transition and carbon neutrality. China has established a complete and efficient photovoltaic industry chain, which has a leading position in the world. Antaisolar and Jinko Technology are two companies that have been working in the photovoltaic field for many years. They have cooperated on several domestic and overseas projects since 2022. With a strategic cooperation agreement, they will deepen their exchanges in project, technology, talent and other fields, and elevate their relationship to a new level. Antaisolar CEO Huang Liqin said that signing a strategic cooperation agreement with Jinko Technology at SNEC is of great significance. Antaisolar is the leading supplier of the whole industry chain in PV mounting system, which constantly pursues innovation and breakthrough in R&D, and has provided more than 25GW of full-scenario solutions including solar mounting systems and tracking systems for global customers. The two sides have both value alignment and complementarity in professional capabilities, technologies and resources. By leveraging their project experience and technical advantages, they will jointly build cleaner and lower-carbon PV plants, and promote green growth with practical actions. Jinko Technology CEO Wang Hong said, the cooperation with Antaisolar is an important layout in the clean energy industry chain. The two sides will further deepen their cooperation, jointly explore potential opportunities, develop the solar market, build sustainable, clean and efficient solar power generation and equipment manufacturing bases worldwide, promote technological and business innovation, and benefit the world with clean energy. In the future, Antaisolar and Jinko Technology will continue to cooperate on mutually beneficial terms in the global market, implement a win-win strategy, provide stable, reliable, innovative and efficient solar solutions for global customers, effectively support the construction of a clean, low-carbon, safe and efficient energy system, and help the green and low-carbon transformation. www.antaisolar.com sales@antaisolar.com
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