Sports industry has witnessed a rapid growth in China, following an increasingly significant role of sports-related public welfare activities in social welfare undertakings. Luo Jie, vice chairman and secretary general of the China Sporting Goods Federation (CSGF), stated that more and more companies are recognizing the importance of corporate social responsibility (CSR) and taking active measures to promote CSR, which contributes positively to the development of China's sports industry, and is in line with the concept of social responsibility (Social, S) in ESG. In fact, the ESG performance of a company is also regarded as a key indicator by many investment funds thanks to the ever-growing ESG investing in the capital market in recent years. The core of ESG investing lies in that companies that actively practice ESG principles are often considered to feature stronger risk management capabilities and long-term sustainable development potential, which is similar to value investing in essence. Therefore, these companies are also more likely to attract investors' attention. Following this logic, it deserves due attention of the value of sports-related companies that actively integrate ESG concepts with their own businesses and promote the development of sports-related public welfare activities. Crazy Sports Group Limited, a leading digital sports entertainment operator and Internet sports industry leader in China, serves as a good observation sample. Let's start from here and see what efforts this excellent ESG performer has made. Proactively Fulfilling "Triple Social Responsibility", Seeking Business for Good Crazy Sports has always been committed to closely integrating sustainable development with corporate strategy, especially in social responsibility issues, and has received high recognition for its deep investment and positive contributions in this field. Seen from its various actions in the past few years, social responsibility is the cornerstone and starting point for a digital sports and entertainment operator. The Group actively fulfills social responsibilities at a higher level in a broader sense, mainly reflected in three aspects. 1. Innovating to Meet Users' High Demand for Personalized Sports Content Rapid screening and grasping of valuable sports content from massive amounts of information has become the core demand of sports enthusiasts in the current digital age. Therefore, the development and utilization of AI have an important bearing on the people's well-being and are the driving force for serving users. Crazy Sports moves with the times and builds a powerful matrix of content + users + channels + AI big data on the basis of user purchasing behavior through leveraging the Group’s sports community with nearly 200 million users as its core and more than 20 years of professional sports lottery big data on the Zu Cai Wang website. Based on AI big data models, the Group has developed multiple functions that both meet the needs of the market and users, and further improve the user experience. The Group also boasts confidence in fulfilling its obligations to users and promoting sustainable development due to the ever-increasing importance of technological innovation as times change and core demands iterate. At present, Crazy Sports holds rich experience in technological innovation while staying ahead in research and development. The Group continues to strengthen its ability of technological innovation and transformation, and implements innovative application results step-by-step. Its AI assistant “Ruyi” not only can filter information with fast but accurate results, but also further improve the efficiency of its users in obtaining and analyzing information. It is learned that “Ruyi” is the first domestic large model AI assistant tailored in specific for “Sports + Lottery” sector in China. 2. Closely Aligned with National Policies to Lead the Development of Cultural and Sports Industries While providing users with a better experience, Crazy Sports is closely aligned with the national policies and employs its own endowments to drive the optimization and upgrading of related industries. In September of this year, the Group was once again recognized by local governments and professional organizations, and was selected for three consecutive years in the "Beijing Top 100 Private Enterprises in Cultural Industry". Behind this, the Group has capitalized on its unique "Digital + Sports" and "Sports + Entertainment" resources advantages to successfully host significant sports IP events, such as the China Foshan WBC Professional Boxing Championship, which has achieved remarkable results in promoting the development of local tourism economy and carrying forward the traditional culture. More importantly, this move has made the sports economy a new driver for local development, thereby stimulating economic vitality. In addition, the Group also upholds to the mission of “Let Sports Create Happiness”, and makes effective contributions to promoting the integration of sports and education and the healthy development of young people through public welfare promotion activities such as the national karate team entering the campus and boxing champions entering the campus. 3. Exploring Distinctive Path of Public Welfare for High Social Value Crazy Sports also keeps a close eye on the current social situation, actively participates in public welfare undertakings, and further conveys brand warmth and the power of goodness. In practical terms, the Group has formed a social responsibility strategic system with its own characteristics. The 2024 "B.Duck Happy Run" at Chengde Mountain Resort Station hosted by the Group has contributed greater efforts to promoting healthy lifestyle behaviors in exceptional children and ensuring their rights to sport. Furthermore, the Group responds to the revitalization of rural education and engages in the construction of quality education in rural schools. It has, for example, donated pianos and sports equipment to Wagou Village Primary School at Zhangfang Town of Fangshan District in Beijing. In respect of education, Crazy Sports has further deepened its cooperation with Hainan Bielefeld University of Applied Sciences (BiUH) this year, paving the way for students' career development and promoting their comprehensive growth. In September, Hainan BiUH announced that the first batch of 13 students had the opportunity to intern at Crazy Sports. These students will have the chance to gain a deeper understanding of the cutting-edge developments in software development technology, participate in actual project development, and learn about the relevant knowledge of overseas product distribution, thereby broadening their international horizons and enhancing their practical work abilities. These three aspects each have their own characteristics, while also having close internal connections, fully reflecting the feedback of Crazy Sports to stakeholders and its pursuit of business for good. Conclusion Overall, Crazy Sports' practices in the "S" sector demonstrate its deep insight into ESG concepts with positive actions. These moves not only have a positive effect on the Group, but also bring confidence to investors and enhance the Group's market competitiveness. With the increasing attention of global capital markets to ESG investing, the practices of the Group are expected to further drive its performance in the investment market.
VANCOUVER, BC, Nov. 18, 2024 /PRNewswire/ -- WAT Medical Enterprise Ltd. proudly reaffirms its commitment to community support by donating to the American Red Cross and the American Veterans Association. These donations are part of the company's pledge to contribute a portion of the proceeds from each sale of its EmeTerm Explore Anti-nausea Wristband and HeadaTerm 2 Anti-migraine Device to these organizations. This year's donation to the American Veterans Association is particularly meaningful, aligning with Veterans Day on November 11, a day dedicated to honoring those who have served in the military. The contribution highlights the company's dedication to making a positive and lasting impact on society. As a leader in advanced wearable medical technologies, WAT Medical is dedicated to enhancing patient care and improving quality of life. Guided by the mission "Wearable and Treatable = WAT," the company focuses on developing effective, user-friendly devices that address pressing health challenges. Two of its bestselling products - EmeTerm Explore Anti-nausea Wristband and HeadaTerm 2 Anti-migraine Device - demonstrate this commitment by offering accessible, effective solutions for managing nausea and migraines. By prioritizing safety and efficacy, WAT Medical empowers individuals to take control of their health through these innovative, wearable devices. The American Red Cross is widely respected for its humanitarian efforts and disaster relief initiatives, offering essential support to communities in need worldwide. WAT Medical's donations, generated from EmeTerm Explore sales, will support the organization's mission to provide emergency assistance and health-related programs to vulnerable communities. EmeTerm Explore, an FDA-approved anti-nausea wristband, has gained popularity in the wearable health sector for its effectiveness in alleviating nausea and vomiting. The American Veterans Association plays a vital role in supporting veterans and their families. Contributions from WAT Medical, drawn from sales of its products, will help enhance the association's services, ensuring veterans receive necessary care and resources, especially during this time of remembrance. HeadaTerm 2, one of WAT Medical's innovative products, is an FDA-approved, over-the-counter device for migraine relief. Since its U.S. launch in 2024, it has been well-received for providing non-invasive migraine relief. A portion of each HeadaTerm 2 sale is donated to the American Veterans Association, reflecting WAT Medical's commitment to veterans' well-being and its mission to improve individual health. Post-Traumatic Stress Disorder (PTSD) is a significant mental health issue affecting veterans. According to a report from the Cohen Veterans Network (CVN), approximately 7% of veterans will experience PTSD in their lifetime, with common symptoms including insomnia, headaches, and depression. In support of veterans dealing with PTSD, WAT Medical will also be donating HeadaTerm 2 devices—innovative, FDA-approved, non-invasive devices designed to provide relief from migraines and stress-related health issues. These devices aim to help veterans manage and alleviate the symptoms of PTSD, supporting their overall well-being and quality of life. In line with its tradition of giving back, WAT Medical remains committed to supporting these charitable organizations as part of its corporate social responsibility initiatives. The company believes that by partnering with these organizations, it can help uplift individuals and communities in need. Through these efforts, WAT Medical demonstrates its dedication to making a tangible difference in the lives of those it serves, both locally and globally. The company continues to advance wearable medical technologies while actively participating in initiatives that benefit communities and organizations requiring support. References:WAT Medical EmeTermAmerican Red CrossAmerican Legion
GUANGZHOU, China, Nov. 18, 2024 /PRNewswire/ -- An evening gala celebrating the centennial of Sun Yat-sen University (SYSU) was held on November 12. Over 1,100 SYSU faculty members and students, together with alumni and guests from all over the world, participated in the event, showcasing the university's achievements in talent cultivation, technological innovation, national development, and cultural preservation. The Performance at the Gala(Photo by Huang Runxuan) The SYSU received special gifts for its 100th birthday. One was a fossil from the Chengjiang biota in Yunnan, which can be dated back to 500 million years ago. This fossil was discovered by the university's Department of Geology in 1940 when the university moved to Yunnan during the war. Another gift was the performance by dancers from Kashgar, Xinjiang. The dancers expressed their thanks for SYSU's medical assistance in their hometown. SYSU has been actively fulfilling its social responsibility. The university has offered assistance in Chengjiang of Yunnan Province and Kashgar of Xinjiang Uygur Autonomous Region, making contributions to the development of local economy and education. The gala also featured presentations from two research teams. One is the team from the Key Laboratory for Breeding Aquatic Economic Animals of the Guangdong Province, led by Professor Zhang Yong. The other one is the CubeSat project team from the university's School of Aeronautics and Astronautics. They shared the stories of young researchers at SYSU striving for academic excellence. Their stories show the spirit and aspiration of the teachers and students at SYSU in pursuit of ambitious goals in various scientific fields. Later in the evening, four Olympic champions who are teaching at SYSU, namely Luo Wei, Zhang Jiewen, Yang Yilin, and Jiao Liuyang, together with student representatives from SYSU's champion sports teams shared their work and study at the university. Representatives of the SYSU alumni extended their best wishes to the university via video link. They included Zhang Zhuoyuan, graduated from department of economics of SYSU, the national honor recipient of "Outstanding Contributor to Economic Research", Ye Shuhua, China's first female observatory director, and other graduates who have made significant contributions to the university. Embarking on a new journey, the SYSU will continue to carry forward Dr. Sun Yat-sen's noble character and devote themselves to talent cultivation, technological innovation, cultural preservation and social service, so as to make their contributions to the country and the times.
LONDON, Nov. 16, 2024 /PRNewswire/ -- QIMA, a global leader in ESG compliance and quality control management solutions, has been named a market leader in the latest Verdantix Green Quadrant: Supply Chain Sustainability Software 2024 report. QIMA's recognition highlights its innovative approach to supply chain transparency and risk management, which supports companies in achieving their ESG goals while navigating regulatory complexities and evolving market demands. The Verdantix Green Quadrant report, a comprehensive benchmark of leading supply chain market vendors, underscores the critical role of supply chain sustainability software in helping corporations manage environmental, social, and governance (ESG) risks. QIMA's platform stood out for its sophisticated supply chain risk assessment, supplier network analysis, and robust on-site assessment capabilities, allowing companies to understand their supply chain landscape better and engage with suppliers on critical sustainability practices. Sébastien Breteau, CEO of QIMA, commented on the recognition, saying, "We are humbled and delighted to receive this recognition from Verdantix; it reinforces our commitment to developing practical and effective tools that empower our clients to achieve their ESG objectives. As an agent of change at the core of global supply chains, QIMA believes in the combination of technology and on-the-ground expertise to drive true progress toward a sustainable future." Verdantix stated, "Corporations cannot meet their ESG and sustainability goals without untangling the intricacies of their supply chains. Ongoing scrutiny from regulators, investors, and customers, along with higher exposure to environmental and geopolitical risks, has highlighted the need for sustainability, procurement, risk, and operations teams to improve transparency and embed ESG considerations into supply chain decision-making." QIMA's advanced solutions combine powerful software with on-the-ground expertise to provide companies with accurate, verified data across their supply chain. Rather than relying on declarative surveys alone, QIMA's approach blends data from on-site visits with third-party and questionnaire data, to ensure reliable, actionable insights that help businesses map risk in their supply chain and improve sustainability compliance. As companies increasingly prioritize ESG performance, QIMA continues to lead with solutions that help clients align their supply chain practices with global sustainability standards, driving compliance and impact. About QIMA QIMA is more than a testing, inspection, certification, and compliance company: We are on a mission to offer clients smart solutions to make products consumers can trust. With a global reach spanning 100+ countries, QIMA serves the consumer products, food and life sciences industries, supporting more than 30,000 brands, retailers, manufacturers and food growers. The company combines on-the-ground expertise with digital solutions to bring accuracy and visibility for quality, safety and compliance data. What sets QIMA apart is its unique culture: 5,000 employees live and make decisions every day by the QIMA Values. With client passion, integrity, and a commitment to making things simple, QIMA continues to disrupt the Testing, Inspection and Certification industry. About Verdantix Verdantix is an independent research and advisory firm providing data-driven insights to advance sustainability, operational excellence, and innovation across industries. The Verdantix Green Quadrant analysis is a comprehensive benchmark for understanding the supply chain sustainability software market landscape. For more on Verdantix and the Green Quadrant report, visit www.verdantix.com.
LORTON, Va., Nov. 15, 2024 /PRNewswire/ -- Olight, a leading flashlight company, will kick off its 2024 Black Friday Sale at 8:00 PM (EST) on November 14, running until December 3, the day after Cyber Monday. Customers can look forward to discounts of up to 50% off and the introduction of the brand-new clip-on light, the Oclip Pro. A Black Friday launch event was held on November 14 at 6:00 PM (EST), where Olight released the Oclip Pro along with other new products. The clip-on light offers three modes—a 500-lumen floodlight, a 120-meter spotlight, and a two-mode red light—plus versatile mounting options, making it ideal for both everyday users and outdoor enthusiasts. With up to 144 hours of runtime, the Oclip Pro is a reliable companion for any lighting need. During the Black Friday Sale, customers can enjoy a free gift when they log in, along with up to 50% off on select products and additional exciting free gifts with qualifying purchases. Olight's fan-favorite Arkfeld Ultra and Arkfeld Pro will be available at remarkable discounts of up to 40%. Olight Black Friday Sale As a special Black Friday feature, Olight is offering free laser engraving customization on eight best-selling models, including popular products like the Arkfeld Ultra, Baton Turbo, and Seeker 4 Pro, allowing customers to personalize their favorite lights and give their loved ones a unique and meaningful gift. This Black Friday, Olight is not only offering great deals but also expressing gratitude to customers. Reflecting on a year of growth, Olight has continued its commitment to social responsibility through initiatives supporting causes such as breast cancer awareness, autism support, and hurricane relief. This October alone, Olight's charity campaigns raised over $120,000 and donated thousands of lighting products to those in need. These efforts highlight Olight's mission to "Illuminate the World" and make a positive impact in the communities it serves. "At Olight, we believe in not just lighting up lives, but brightening futures," said Mavis Xiao, Chief Marketing Officer at Olight. "Black Friday is our way of giving back to our loyal customers while continuing to support the causes that matter most." About Olight: Founded in 2007, Olight is a global leader in providing innovative portable lighting products trusted by outdoor enthusiasts worldwide. Olight pushes the boundaries of lighting technology to meet diverse customer needs.
BEIJING, Nov. 15, 2024 /PRNewswire/ -- POP MART is proud to announce that the proceeds from the recent Phillips Auction of the MEGA SPACE MOLLY 400% Royal Selangor will be donated to the Foundation for The Arts and Social Enterprise, a Singapore-based charity dedicated to advancing the arts in Asia. Crafted by Royal Selangor, the world's foremost name in pewter craftsmanship, the piece is inspired by traditional Chinese motifs and fetched HK$95,250 after 36 bids. This marks a key step in POP MART's evolution into a high-end collectible brand, bridging art, philanthropy, and the designer toy community. POP MART's Kevin Zhang (left) presents a donation to Michael Tay, Founder of The Foundation for The Arts and Social Enterprise (right), supporting the UTOPIA Reimagined initiative in Singapore. The donation will specifically support the UTOPIA Reimagined (Series III) initiative, designed to empower Singaporean artists by commissioning original works across various creative disciplines. The series encourages artists to explore and interpret the concept of "utopia", providing a unique platform for innovation and storytelling. This program not only nurtures local talent but also aims to expand the reach of Singapore's art scene, fostering diverse expressions and enriching the country's cultural fabric. "We are excited to support UTOPIA Reimagined and be part of a bigger story – one where art, culture, and creativity come together," said Kevin Zhang, Head of Strategic Partnership from POP MART International. "Through this partnership, we hope to inspire art lovers worldwide, and contribute to the growth of the arts community in meaningful ways." With POP MART's contribution, UTOPIA Reimagined will gain the support needed to broaden its scope, enabling more artists to create impactful works that resonate within and beyond Singapore. By enhancing the resources available to artists, POP MART's donation plays a critical role in advancing the Foundation's mission to cultivate a vibrant and inclusive arts ecosystem. "This generous contribution from POP MART allows us to continue fostering Singapore's artistic talent and elevating the arts scene," said Michael Tay, Founder and Executive Director of The Foundation. "With their support, we can bring even more ambitious projects to life and provide artists the resources they need to explore their creativity and vision." The auction of the limited edition MEGA SPACE MOLLY 400% Royal Selangor at Phillips underscores POP MART's commitment to merging artistry with collectible culture. The piece stands out for its intricate pewter craftsmanship, blending Eastern and Western design elements, elevating the MEGA COLLECTION as a sophisticated and sought-after line in the designer toy market. With this donation, POP MART continues to shape its long-term vision for supporting the arts, creating opportunities for collaboration, and contributing to diverse cultural spaces worldwide.
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