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Homegrown tech companies sprawling influence and scouting international opportunities while offering a glimpse into the next steps of Global BoosterHONG KONG SAR - Media OutReach Newswire - 18 December 2024 - Hong Kong Science and Technology Parks Corporation (HKSTP), in serial to the Innovation Mixer initiative and in parallel to the preparation of the second cohort of the Global Booster Programme: United States 2025, is set to introduce an unprecedented delegation of 45 tech companies to the Consumer Electronics Show (CES) 2025 in January. Representatives of participating tech companies at CES 2025 and HKSTP shared achievements and aspirations ahead. (From left) Fever Chu, Co-founder of Zence Object; Turzo Bose, Co-founder and CEO of Vidi Labs; Dr Edward Mak, Founder and CEO of Vista InnoTech; Derek Chim, Head of Startup Ecosystem and Development of HKSTP; Ray Lok, Founder and CEO of Full Nature Farms; and Prof Chea-su Kee, Co-founder of GOOD Vision and team. In partnership with the Hong Kong Trade Development Council (HKTDC) and supported by the Hong Kong Electronics Industries Association (HKEIA), the delegation spans its presence at the Hong Kong Tech Pavilion across Eureka Park and Global Pavilion, under five industry fields wrapping around advanced electronics, green- and life tech, and more, for tech companies to draw traction from industry leaders, venture capitals, and R&D institutions, while demonstrating Hong Kong's efforts in encouraging talent development and technological advancement. Three among the participating units were recently named CES Innovation Award 2025 Honourees in recognition of their outstanding design and engineering of the technology products. Rocket 2.0, a smart irrigation system developed by Full Nature Farms won in the Sustainability & Energy/Power category; Seekr, an AI wearable from Vidi Labs with the needs of the visually-impaired and the elderly community in mind was recognised in Accessibility & AgeTech; and a 3-axis Micro Gimbal Stabiliser, the smallest of its kind that was introduced by Vista InnoTech won in Imaging. Derek Chim, Head of Startup Ecosystem and Development of HKSTP, said: "It is gratifying to introduce to the world up-and-coming startups and their breakthrough technology, with the potential to have far-reaching positive impact. Our mission at HKSTP is to provide promising startups resources in gaining a firm footing on the global stage. We welcomed over 6,000 visitors at CES 2024 that's gotten us numerous business leads, we believe it's truly reflecting Hong Kong's capabilities in nurturing a dynamic I&T ecosystem." Expedition outreaching markets overseas extended beyond tradeshow participation. The first batch of Global Booster Programme were launched following CES 2024, where five Hong Kong startups showing potential were selected for a rigorous six-month training and business development opportunities in Silicon Valley that led to over US$15 million secured. The next phase of the Programme is underway in setting the scene for startups to engagement with the international I&T landscape and the outlook of achievements. Consumer Electronics Show (CES) 2025 Date: 7 to 10 January 2025 Venue: Las Vegas Convention Center, Las Vegas, US Booth No.: 63001, Level 1, Hall G, Venetian Expo, Eureka Park 50832, Level 2, Hall A, Venetian Expo, Global Pavilion For up-to-date information about the Hong Kong Tech Pavilion at CES, please visit: www.ces.tech. Appendix 1: List of 51 tech companies and institute at Hong Kong Tech Pavilion including 6 non-HKSTP tech companies and institute (in alphabetical order) No. Company Name Booth Location 1 Aiilog Limited Global Pavilion 2 Ailytics Limited Eureka Park 3 AiShang Mobility (Hong Kong) Limited Eureka Park 4 Applied Technology Group Limited Global Pavilion 5 AutoKeybo Limited Eureka Park 6 Bioenergy Resources Research Centre Limited (BRRC) ^ Eureka Park 7 Braillic Limited Eureka Park 8 Carnot Innovations Limited Global Pavilion 9 Creations Un Limited ^ Global Pavilion 10 Dawnflow Limited Eureka Park 11 Easenory Technology Limited Eureka Park 12 Epago Technologies Limited Eureka Park 13 Expando World Limited Eureka Park 14 FreightAmigo Services Limited Global Pavilion 15 Full Nature Farms (Hong Kong) Limited * Global Pavilion 16 GOOD Vision Technologies Co., Limited Eureka Park 17 GOOVision Technology Co. Ltd Eureka Park 18 Guardian Glow Limited Eureka Park 19 HairCoSys Limited Global Pavilion 20 Hitrons Intelligence Limited Eureka Park 21 Hong Kong Industrial Artificial Intelligence & Robotics Centre (FLAIR) Eureka Park 22 HongKong Umedia Limited Global Pavilion 23 i2Cool Limited Eureka Park 24 iCombo Tech Company Limited ^ Eureka Park 25 Immune Materials Limited (IML) Eureka Park 26 Incus Company Limited Global Pavilion 27 InsightRT Limited Eureka Park 28 Kim Dai AI Technology Limited Global Pavilion 29 MEMS Drive Hong Kong Limited Global Pavilion 30 Meridian Innovation Limited Global Pavilion 31 Nano and Advanced Materials Institute Limited (NAMI) Global Pavilion 32 On-us Company Limited Global Pavilion 33 OOley Care Company Limited Eureka Park 34 PharmCare Technology Limited Eureka Park 35 Point Fit Technology Limited Eureka Park 36 PREN Limited ^ Eureka Park 37 Reunite Limited Eureka Park 38 Robocore Technology Limited Global Pavilion 39 SHAKE Limited Eureka Park 40 Sitan Semiconductor International Co. Limited Eureka Park 41 SmartLedgers Limited Eureka Park 42 Solos Technology Limited Global Pavilion 43 TG0 Limited Eureka Park 44 The Hong Kong Polytechnic University (PolyU) ^ Global Pavilion 45 ThingX Technologies Limited Eureka Park 46 Universpirit Innovation Limited Eureka Park 47 Vidi Labs Limited * Eureka Park 48 VisionDrop AI Limited Eureka Park 49 Vista InnoTech Limited (VIT) * Global Pavilion 50 Vizzle Limited ^ Eureka Park 51 Zence Object Technology Global Pavilion Note: Winners of CES Innovation Awards 2025 marked with (*). Non-HKSTP park companies marked with (^). Hashtag: #HKSTP #CES2025The issuer is solely responsible for the content of this announcement.Hong Kong Science and Technology Parks CorporationHong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 15,000 research professionals and over 2,000 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc. Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.. Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more. Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong. More information about HKSTP is available at www.hkstp.org.
ROCKVILLE, Md., Dec. 17, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI), a leading artificial intelligence company ("Xiao-I"), today announced significant milestones in expanding its U.S. presence and delivering impactful technology solutions. Breakthrough in U.S. Key Clients' Procurement Programs Xiao-I has been invited to register for centralized procurement programs by key clients, marking a critical step in its strategy to provide AI-driven solutions to US organizations. The inclusion in these procurement lists underscores the company's commitment to advancing accessibility and innovation in oversea business expansions. "We are honored to be considered for these procurement programs, which will allow us to bring our AI technology to more communities in need," said Hui Yuan, CEO of Xiao-I. "This milestone not only reflects our growth in the U.S. market but also supports our mission to make life easier for underserved individuals through accessible solutions." AI Glasses Driving Inclusion and Accessibility Xiao-I's AI-powered glasses, launched in August, have been widely embraced by the market. These glasses leverage advanced AI to bridge communication gaps, providing life-changing support for underserved individuals and families. The company estimates delivering at least 10,000 units in 2025, generating $12-15 million in new revenue for the year. These figures represent the company's best current estimates based on market conditions and anticipated demand. Commitment to AI for Good As part of its mission to harness AI for societal benefit, Xiao-I focuses on developing technologies that address real-world challenges. By aligning innovation with accessibility, the company continues to expand its reach and impact globally. About Xiao-I Corporation Xiao-I Corporation is a leading cognitive intelligence enterprise in China 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. For investor and media inquiries, please contact: Ms. Berry XiaEmail: ir@xiaoi.com
HONG KONG, Dec. 17, 2024 /PRNewswire/ -- Great Bay Bio (GBB) is thrilled to announce the successful first close of its Series B financing round. This milestone was achieved with the round led by a syndication of a well-known strategic investment institution and its affiliate, Tiger Jade Pebble Accelerator. The financing also attracted participation from new investors, including a Hong Kong-based family office, the Hong Kong Science and Technology Parks Venture Fund, as well as continued support from an existing global life science strategic investor. The funds will be instrumental in advancing GBB's AI-enabled drug development ecosystem and accelerating the global adoption of its innovative solutions. This marks a significant step forward in transforming biologics development on an international scale. GBB's commercialization efforts have been gaining momentum, fueled by technical breakthroughs and market-driven solutions. In the cell line development business, GBB's site-specific cell line development platform, AlfaCell, has enabled customers to secure clinical trial approvals from both China's National Medical Products Administration (NMPA) and the U.S. Food and Drug Administration (FDA). These cell lines have also been successfully applied in multiple projects, with partners expressing satisfaction with improved yields and shorter development timelines, especially for multi-specific antibodies. Additionally, GBB has enhanced its cell culture capabilities by establishing its own ISO 9001:2015-certified cell culture powder manufacturing line, further ensuring a high-quality and secure supply chain for partners. These achievements have positioned GBB as a trusted partner for leading MNCs in the life sciences, specialty chemicals, and pharmaceutical CDMO sectors, meeting the global demand for faster and more efficient new product development. Building on this foundation, GBB has recently launched an integrated ecosystem solution, combining its advanced technological platforms into a seamless workflow. This innovation enables customers to accelerate drug development from target identification to pre-clinical candidate (PCC) generation in as little as eight months. While GBB has just started collaboration with partners using this approach, early results are promising and highlight its potential to redefine efficiency and speed in drug development, delivering significant value to global partners. Kingsley Leung, Co-founder and Chairman of GBB, commented: "GBB was founded with a global vision, and our benchmark for success has always been to develop technologies that are globally differentiated. We are confident in our ability to continue building an international footprint, particularly across the U.S., Europe, and Asia-Pacific, where we see significant opportunities for growth. The strong support from our series B investors reflects their trust in our vision and reinforces our commitment to driving innovation that transforms the biopharmaceutical industry worldwide." Emmanuel Hui, CEO of the Tiger Jade Pebble Accelerator added: "The biggest challenges for applying AI in the biomedical space are scientific feedback and business model fit. Innovators often don't know whether or not their AI products work until after extensive animal and human testing, and even then, it is unclear who would be the paying party. GBB's deliberate strengths in cell line, culture media, and bioprocessing veer away from general AI drug discovery, and allows for immediate feedback, iteration, and client payment." About GBB Great Bay Bio (GBB), headquartered in HKSTP, is a biotech company that drives drug development using cutting-edge technologies such as AI, big data mining, and automation. GBB adheres to the corporate vision of "Global Bioprocessing Made Simpler and More Efficient," and aims to address the challenges of long timelines, high costs, and low success rates in drug development, with a long-term goal of enhancing human life, health, and value. The core team of GBB comprises experts from medicine, synthetic biology, and artificial intelligence. The company operates a 3,000㎡ R&D laboratory and CMC platform, supporting customers in securing clinical trial approvals from China's NMPA and the US FDA. GBB has secured nearly 100 patents related to AI-enabled drug development and successfully commercialized multiple AI technology platforms. The company has established long-term partnerships with leading domestic and international enterprises. GBB has passed the ISO 9001:2015 quality management system certification, been selected for Forbes Asia 100 to Watch 2024 List, and won numerous awards, including "Deloitte Technology Rising Star Company," "EY Entrepreneur Of The Year," "15th Shenzhen Innovation & Entrepreneurship Competition," "Gold Award for Hong Kong Global Innovation," "Excellence in Process Innovation Award," and "Excellence in Technology Adoption Award". The company has also been successfully selected for the Hong Kong Science Park Elite Enterprise Program.
SINGAPORE, Dec. 16, 2024 /PRNewswire/ -- Leading AI video generator Pollo AI is set to challenge competitors with the launch of four new AI effects, giving users the power to Squish, Inflate, Explode, and Melt almost anything (or anyone) using simple still images and advanced AI technology. It's also introducing some festive holiday templates for making Christmas-themed videos in an instant. The first of Pollo AI's four fun effects is the AI squish effect. With this, users will be able to create squish-it videos, showing photo subjects playfully squished up, as though they were made of dough, sponge, or putty. Squishing animations are fun and fluid, and the final clips are ideal for sharing on YouTube and social media sites like TikTok, Instagram, Facebook, etc. Next, the AI inflate effect. This one, as the name implies, allows users to create amusing short clips of items, people, or even animals being inflated, just like balloons, before floating away or popping on the screen. The animation is really fluid and natural, and the end clips can make for fabulous viral content. There's also the AI explode effect. Users can upload images of people, objects, or all sorts of other subjects, and then use this effect to see their subjects explore in hilarious and wacky videos. The sky's the limit in terms of how users can play around with this fun new AI video effect, and it's sure to generate lots of laughs among the audience. The last of Pollo AI's four new effects is the AI melt effect. With this, users can transform static images into amazing animated videos showing the photo's subject melting away, like a chocolate bar on a warm surface. It's ultra-realistic, and, just like the other new Pollo AI effects, easy to work with, with a simple three-step process. In addition to these fun new AI video effects, Pollo AI is also getting in the festive spirit with four fun Christmas-themed video templates. These include the AI Santa transformation, which turns photo subjects into Santa Claus, the Santa Giving Gifts template to see someone getting a gift off Father Christmas, AI Christmas Toasting for fun party toast clips, and the AI Santa Hug, showing a photo subject sharing a warm hug with Santa himself. With these new special effects and Christmas templates, Pollo AI is set to continue its rise up the ranks as one of the most popular and fully-featured AI video generators around. For more information, check out https://pollo.ai. MEDIA CONTACT Camille SawyerCEO, HIX.AIsupport@pollo.ai
The Company's Redefine Productivity at Ease philosophy envisions a future workplace revolution that empowers people to focus on the most important tasks, boosting creativity, competitiveness, and efficiency LAS VEGAS, Dec. 17, 2024 /PRNewswire/ -- viaim, an AI technology hardware company deeply rooted in the smart office sector, has announced its debut at CES 2025 in Las Vegas from January 7-10, 2025. At Booth 36709 in LVCC South Hall 2,viaim will showcase its innovative AI-powered solutions, with new product releases including the viaim RecDot Earbuds and NoteKit designed to transform workplace productivity. Redefining communication and efficiency, viaim is focused on office assistants and has built a smart ecosystem covering multiple living and workplace fields. Marking a milestone in its global expansion strategy, viaim's participation in CES highlights its commitment to reshaping traditional work environments. With its mission to create "Real Intelligence," viaim brings real value to people by using AI technology to free users from repetitive office tasks, enabling them to focus on creativity, collaboration, and innovation. viaim's advanced AI-driven tools simplify professional workflows with call recordings and live recordings, viaim AI meeting summaries and to-do lists, recording text transcriptions, multi-language translation, 48dB deep noise reduction, and 36 hours of ultra-long battery life. Integrating large language models and cutting-edge hardware, including viaim RecDot Earbuds and the Notekit audio recorder, viaim enhances meetings, communication, and efficiency. Designed for professionals in finance, media, education, and more, its technology offers real-time recording transcription,intelligent translation, and high-quality audio processing, streamlining notetaking and improving computer-based workflows. 123 At CES, visitors will have the opportunity to experience viaim's cutting-edge AI-powered solutions firsthand. viaim product managers will be on-hand to explain to visitors the innovative features and technologies, as well as highlights of the viaim RecDot Earbuds. "Our debut at CES is a pivotal moment for viaim, reflecting our dedication to innovation and global growth," Cecile, CMO with viaim, commented. "We are excited to demonstrate how our AI headset can redefine the modern workplace, empowering users to excel in fast-paced, demanding environments while achieving a better balance between work and life." viaim's CES 2025 debut highlights its mission to create AI that eliminates repetitive office tasks, enabling users to focus on collaboration, innovation, and meaningful work. viaim prioritizes seamless, intuitive experiences to boost creativity, efficiency, and happiness. viaim invites attendees to visit the brand's Booth to explore these innovations firsthand and discover how AI-driven solutions can shape the future of work.
SHENZHEN, China, Dec. 17, 2024 /PRNewswire/ -- On December 11, the 2024 TCL Global Technology Innovation Conference (TIC) was held in Shenzhen. With the theme "The Future is Visible by AI", the conference focused on AI applications, smart devices, displays, new energy photovoltaics. During the event, TCL unveiled 16 technological breakthroughs, including 5 all-scenario AI applications. The AI movie production application, introduced by TCL research America, stood out as a highlight of the conference. In 2024, TCL's efforts in implementing AI applications yielded substantial economic benefits, totaling round 76 million USD. The TCL Global Technology Innovation Conference, now in its 11th year since its inception in 2004, marked a significant shift from its previous internal forum to an open forum welcoming industry professionals. The conference served as a platform for scholars, top experts, industry leaders and partners to explore future industrial development. In his keynote speech titled "Change for Development, Innovation for the Future", LI Dongsheng, Founder and Chairman of TCL, emphasized that technological innovation is the key driving force for the continuous development of enterprises. "For enterprises, there are no shortcuts to technological innovation; it can only be achieved through independent research and development, talent cultivation, and long-term investment," he stated. LI Dongsheng further explained that faced with challenges such as intensifying global technology competition, AI-driven industrial changes, and the need for improved innovation ecosystems, TCL will persevere with long-termism and enhance strategic planning capabilities while increasing original technology breakthroughs in key areas. TCL also aims to accelerate the transformation of technological innovation achievements with an engineering-commercial mindset, improve product structure through technological innovation to break through mid-to-high-end markets, and continuously enhance the technological innovation ecosystem. Yan Xiaolin, CTO of TCL Technology, CTO of TCL CSOT, President of TCL Research shared the company's overall technology strategy, covering R&D system construction, talent introduction mechanisms, protection of independent intellectual property rights, and the creation of an ecosystem for technological innovation. TCL unveiled its "TCL All-Domain All-Scenario AI Application Solution", which includes AI Auto Demura, AI Movie Generation, AI Large Model Assistant, and X-Intelligence 2.0. These AI application solutions will empower both enterprise and consumer application scenarios, from R&D and manufacturing to operations, and from interaction and picture quality to platforms. In November of this year, the TCL Chinese Theatre in Hollywood premiered five short films generated by five creators and directors leveraging TCL's AI content creation platform. These innovative works received high praise from Hollywood. TCL also plans to release its first 90-minute AI-generated movie in North American theaters by 2025, further promoting the innovation and application of AI technology in the film and television industry. In terms of displays, TCL CSOT introduced its advanced technology brand APEX in terms of pleasant display experience, reliable vision health, sustainable green and low carbon. Built on this technology concept, the company introduced four cutting-edge display technologies: First Mass-Produced 4K IJP OLED Professional Display (21.6"), the world's highest brightness printing QD-EL laptop screen, the world's lowest drive power consumption OLED display, and the world's highest picture quality LCD product solution (WHVA). In the field of smart devices, TCL Industries' plans to build four public technology platforms: OS, IoT & Cloud, AI, and imaging, to support the growth of its display, home appliances, and new energy businesses. TCL Industries released five industry-leading innovative technology achievements: TCL's Full-domain Halo Control Technology for TVs, Deep Sleep Smart Fresh Air Technology and AI Energy-Saving Technology for air conditioners, Healthy Preservation 2.0 - an advanced Magnetic Field Technology for refrigerators to keep meat supercooled without freezing, Super Drum Super Clean Washing Technology, and NXTPAPER 3.0 Full-color Electronic Paper Display Technology For Mobile Phones. TCL Zhonghuan introduced its technological development plans for new energy photovoltaic materials, battery module technologies, and the construction of Industry 4.0 and Quality 4.0 systems. At the conference, TCL Zhonghuan released two cutting-edge innovative achievements: large-size ultra-thin silicon wafers for smart photovoltaics and TOPCon copper grid modules, which will help produce more efficient and cost-effective TOPCon cells and promote cost reduction and efficiency improvement in the industry. In the field of intelligent manufacturing, TCL Industries focuses on the layout of industrial intelligent solutions around three core pillars: AI, industrial software and intelligent equipment. TCL Industries leverages AI to improve the performance and practicality of single systems, uses large model technology to connect data from different business systems, and achieves self-optimization, self-decision-making, and self-action through agents. TCL's remarkable achievements stem from its focus on core technologies and comprehensive innovation mechanisms. The company has invested over 8.3 billion yuan in R&D over the past six years, with more than 20,000 R&D personnel and over 110,000 accumulated patents, including 18,000 PCT patents. Through continuous technological innovation, TCL's Mini LED technology is changing the global TV competition landscape and defining current mainstream display technology. TCL CSOT has entered in IJP OLED and Micro LED, while TCL Zhonghuan has established leading advantages in 210 large silicon wafers and shingled modules. As a leader in high-tech manufacturing industry, TCL is committed to promoting deep integration of industry, academia, and research to build a new ecosystem for technological innovation. Focusing on the three core industries of AI and big data, displays, and new energy photovoltaics, TCL has launched the "Sunrise" project with establishing 7 industrial ecosystem alliances, creating 20 joint laboratories, strategically cooperating with over 40 institutions, promoting more than 120 joint R&D projects, and developing over 130 standards. About TCLTCL, an acronym for "The Creative Life", encapsulates the essence of creativity as it permeates every facet of our lives. Creativity blossoms in an environment of empowerment. It is the vital force that inspires the smallest and biggest aspects of life. TCL always puts people first, using technology to drive creativity, to transform the world, and to empower lives.
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