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SHANGHAI, Nov. 4, 2024 /PRNewswire/ -- Trinasolar has been been honored with the Green Supply Chain Leadership Award by Bureau Veritas, the globally respected provider of testing, inspection and certification services, in recognition of its commitment to integrating green principles throughout the supply chain management in its solar tracker business. From material sourcing to final product delivery, Trinasolar has facilitated the green transformation of both upstream and downstream companies. Using innovative technologies, it has worked to improve resource efficiency and minimize environmental pollution, making significant contributions to sustainable practices in the industry. Trinasolar honored with Bureau Veritas Green Supply Chain Leadership Award Bureau Veritas is an accredited verifier for the United Nations Clean Development Mechanism and the European Carbon Emissions Trading System. The award acknowledges Trinasolar's comprehensive implementation of low-carbon strategies. Trinasolar is committed to promoting a sustainable future and has established a zero carbon system that encompasses all its operations, the value chain and products. The company aims to achieve carbon neutrality across its global operations by 2030. TrinaTracker, a subsidiary of Trinasolar and one of the world's leading solar tracker suppliers, is a pioneer in establishing zero-carbon system, focusing on achieving low-carbon emissions in its internal operations and reducing emissions through its supply chain partners, as well as minimizing greenhouse gas emissions. Wu Xiao, Head of Risk Control and ESG Management at Trinasolar, said of the award: "We are deeply honored by Bureau Veritas' acknowledgment of our achievements in reducing carbon emissions and in our efforts to guide the supply chain in decarbonization. Reducing carbon emissions is a key priority in Trinasolar's ESG development initiatives. As one of the company's core business areas, trackers play a pivotal role ias we work with upstream and downstream partners to promote low-carbon development and drive green transformation. Through this initiative, the company has gained valuable hands-on experience in optimizing its green supply chain management. This will improve Trinasolar's global competitiveness while building a robust ESG-driven green ecosystem." At the Green Sustainability Summit organized by Bureau Veritas Certification in Shanghai October 18th, leaders and experts from companies including Trinasolar, Alibaba, JD Logistics, Lenovo Group and Parker Hannifin discussed ESG development, low-carbon operations and products. Wu Xiao, representing Trinasolar, told of the company's strategic planning and achievements in ESG. Working with evolving global ESG regulations is a significant challenge because Trinasolar exports its products to more than 160 countries, and the company has incorporated ESG development into its long-term strategy and is working on developing international ESG standards, she said.
SINGAPORE, Nov. 4, 2024 /PRNewswire/ -- UOB FinLab, the Bank's innovation accelerator, awards a total of more than $100,000 to selected Green Technology (GreenTech) firms to pilot 15 sustainability solutions with UOB and its corporate partners across ASEAN. The pilot solutions and partnerships were unveiled today at the GreenTech Accelerator 2024 Showcase Day as part of Singapore FinTech Festival's Insights Forum. The GreenTech Accelerator 2024 is the second edition of UOB FinLab's six-month regional programme that enables ASEAN GreenTech firms to grow and transform, forge partnerships and create pilots to address sustainability challenges across the region. It is designed to fast-track the development of sustainable technology solutions in Singapore and across ASEAN. This year, 33 GreenTech firms were shortlisted from more than 350 applicants to participate in the programme, of which 12 firms are from Singapore, nine from Malaysia and 12 from Thailand. Shannon Lung, Head of UOB FinLab, said: "The GreenTech Accelerator 2024 demonstrates our ongoing commitment to build a sustainable future, leveraging collective actions and a collaborative professional network that can spur greater GreenTech breakthroughs. UOB FinLab will continue to be a catalyst for GreenTech innovation by bringing individuals, businesses, government agencies and GreenTechs together to tackle real-world sustainability challenges. We believe that with proper support from a strong network and appropriate resources, GreenTechs can make transformative progress towards ASEAN's sustainability ambitions." Real challenges, Impactful solutions According to UOB's Business Outlook Study 2024 (SMEs & Large Enterprises), 87 per cent of businesses in ASEAN surveyed view sustainability as important for their businesses, but only 44 per cent have adopted green practices. To implement sustainability practices, about one in three cited the need for support to connect to the right solution partners. Addressing this need, the GreenTech Accelerator 2024 called for sustainability challenge statements from businesses across ASEAN, which highlighted real-world sustainability pain points. This year, more than 50 statements were contributed by UOB and 26 corporate partners including DKSH Healthcare, Marina Bay Sands and Ngee Ann Polytechnic from Singapore, Great Cosmo from Malaysia and IMPACT from Thailand. The challenge statements covered five key areas, namely circular economy and waste management, energy efficiency, food and agriculture, sustainable cities and urban planning, and sustainability reporting and carbon management. During the programme, the 33 participating GreenTech firms proposed solutions based on the challenge statements and 15 pilots were selected for funding by UOB FinLab (refer to Annex for the full list of selected pilots). Six of these pilots will be deployed with corporates partners in Singapore, three pilots in Malaysia and another six pilots in Thailand. UOB will be deploying five pilots within the Bank in Singapore and Thailand. One of the pilots is the development of a white-labelled data platform by GreenFi that enables the Bank and its subsidiaries to manage and analyse the greenhouse gas emissions data of their properties. This allows the Bank to validate emissions reporting more efficiently by eliminating manual collation of data and ensuring consistency and accuracy of the datasets. DKSH Healthcare, part of the Swiss holding company specialising in market expansion services, will partner GreenTech firm Smart Tradzt to implement its solution that can quantify the carbon footprint and value chain collaboration of its cold chain reusable packaging. The platform will enable DKSH Healthcare to share its product carbon footprint data with clients and customers, facilitating accurate Scope 3 emissions calculations after conducting lifecycle analysis. Malaysian plastic manufacturing company Great Cosmo will pilot GreenTech firm Co.Efficient Alpha's voltage optimising technology in their factory. This aims to reduce energy consumption for Great Cosmo's machineries, potentially resulting in approximately 10 per cent cost savings. In Thailand, leading event and exhibition centre IMPACT will also partner GreenTech firm GEPP Sa-Ard to pilot a holistic waste reduction programme for events held at the exhibition centre. This pilot will enable the centre, organisers and visitors to reduce waste generation, increase recycling rate and reduce overall cost of waste management. UOB FinLab, together with its corporate partners, shortlisted the GreenTechs and their pilot solutions as they have the potential to set a new industry benchmark for sustainability practices and drive greater green adoption across ASEAN. More programmes to drive sustainability in ASEAN GreenTech Accelerator 2024 builds on the success of the inaugural run in 2022 in Singapore that received more than 150 applications and led to the establishment of eight pilot solutions and partnerships. This year's programme expanded the programme's reach beyond Singapore to UOB's key ASEAN markets of Malaysia and Thailand. The programme provided GreenTechs with access to masterclasses, mentorships by more than 30 regional mentors and networking opportunities. The programme also enabled the GreenTechs to deepen business connections through UOB FinLab's vast network of 27,000 industry leaders including government agencies, solutions providers, and private and public businesses. UOB FinLab is committed to accelerating sustainability innovation in ASEAN, with plans to launch more programmes focusing on driving adoption and innovation in sustainability in 2025. About UOB UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world's top banks: Aa1 by Moody's Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN. The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer's unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders. About UOB FinLab UOB FinLab is the bank's innovation accelerator that brings the ecosystem together to catalyse business growth and transformation. With a regional presence in Singapore, Malaysia, Thailand, Vietnam and Indonesia, UOB FinLab provides access to a range of business and technology experts, tools and content through The FinLab Online and in-person programmes. These programmes range from supporting the GreenTech and start-up community in developing solutions, to assisting the Small and Medium-sized Enterprises (SME) community in innovating for business digitalisation and sustainability transformation. Founded in 2015, UOB FinLab has supported and connected with more than 27,000 businesses globally. Annex: List of 15 pilots from the GreenTech Accelerator 2024 No Pilot/partnerships Country Description 1 Circular Unite UOB Singapore Circular Unite will deploy their waste audit and profiling blueprint at UOB that allows for detailed measuring of waste generated at the tenant level at UOB Plaza. This will help create waste data visibility and potentially improve operational efficiency of waste data collection. 2 GreenFi UOB Singapore GreenFi is developing a white-labelled ESG data platform that enables UOB and its subsidiaries to monitor and manage ESG emissions data of their property assets. It also seeks to enhance data analysis. 3 Smart Tradzt UOB Singapore Smart Tradzt will provide training, consultation and develop an RFP evaluation model for procurement within the UOB CRES team. This model aims to help assess and integrate the ESG and emissions performance of vendors into selection criteria in the long run. This pilot aims to help create cost savings through better decisions in supplier selection. 4 Smart Tradzt DKSH Healthcare Singapore Smart Tradzt will provide training, consultation, and implementation of its digital Product Carbon Footprint (PCF) solution to help quantify the carbon footprint of DKSH Healthcare's reusable packaging that will replace their styrofoam packaging. Smart Tradzt's PCF platform allows DKSH Healthcare to share PCF data with its packaging customers and facilitate accurate Scope 3 emission calculations. DKSH Healthcare also plans to publish these findings in its Sustainability Report to further enhance transparency and accountability. Smart Tradzt conforms to WBCSD's PACT (Partnership for Carbon Transparency) framework. 5 Circular Unite Ngee Ann Polytechnic Singapore Circular Unite will deploy a waste-tracking IoT system to enable precise waste and recycling data collection at a tenant level, for one canteen and one office block, training of operational teams and tenant engagement. This will result in an increase in waste data visibility, 30% increase in recycling efficiency, 20% increase in waste disposal efficiency and 90% increase in manpower efficiency from data collection. 6 Co.Efficient Alpha Great Cosmo Malaysia Co.Efficient Alpha aims to deploy voltage optimiser across Great Cosmo's factory to reduce energy. This will result in greater equipment efficiency, equipment lifespan, power factor improvement and reduction of harmonics. Upon installing of the voltage optimiser, Great Cosmo will see approximately 10% savings and 13 tons of carbon dioxide emissions reduced a month. 7 Intlife HCK Capital Group Malaysia Intlife will deploy their energy efficiency AI system, hardware and IoT devices for HCK Setia Alam Office (2,800 sqf) to enable real-time energy consumption prediction and control for operational efficiency. The pilot will also serve as a live demonstration for potential customers visiting the showroom to promote the adoption of green technologies across their own properties. 8 IVIS Tech Great Cosmo Malaysia IVIS Tech will deploy a combination of hardware which includes IoT sensors, power meters and digital gateways on site at the production line for Great Cosmos at their manufacturing facility in Rawang City. IVIS Tech will log data for the operations in the facility over a period of six (6) months to provide real-time visualisation of energy usage to understand better on the current processes that can be optimised. 9 Wimera GB Industries Malaysia GB Industries wants to monitor energy consumption in different areas such as water heater area, dipping area, packaging area and water treatment area. Wimera is proposing their cloud-based energy monitoring solution for 1x water heater with 1x power meter for the pilot. This will result in reduction in the energy consumption from GB Industries' water heater area which currently contains 15 water heaters and consumes approximately 80k kWh of energy per month. 10 AltoTech UOB Thailand Thailand AltoTech Global will provide technology to help analyse energy consumption patterns at UOB Plaza Bangkok, find gaps for energy efficiency improvement, and propose automation recommendations to help reduce energy use and cut carbon emissions. 11 Nano Coating Tech UOB Thailand Thailand UOB CRES will apply Nano Coating Tech's solution to 116 solar panels and 1,745 square metres of building glass at UOB Plaza Bangkok, including the 1st floor of the tower and link bridge, to enhance energy efficiency and reduce maintenance cost. 12 Cero IMPACT Thailand IMPACT will leverage on Cero's Carbon Event Smart Dashboard to track carbon-related data and view sustainability metrics in real-time, for selected events held at IMPACT Arena. The Cero platform will encourage sustainable behaviours among attendees and aligns with IMPACT's ongoing sustainability efforts. 13 Cero Panyapiwat Institute of Management (PIM) Thailand PIM wants to gamify sustainability efforts by allowing students to track and reduce their carbon footprint through various activities designed to influence daily behaviours that contribute to carbon reduction. The pilot will target 200 PIM students who will engage in a variety of sustainability activities over the course of 3 months via the Cero platform. Activities include recycling, reducing waste, opting for low-carbon food options, and energy conservation. 14 GEPP Sa-Ard IMPACT Thailand GEPP Sa-Ard will implement a one-stop data-driven waste management system and service to enable efficient waste data collection by location at events held at the IMPACT exhibition centre. 15 Wongphai Kingdom Organic Thailand Thailand Wongphai will provide four tonnes of biochar for Kingdom Organic to use in their organic farms, in order to improve farm productivity and align with IFOAM standards (especially in their production of kaffir lime, lemongrass, and lime). Estimated crop yield improvement and increase in farm productivity due to biochar application: 1) Kaffir Lime: estimated 10-20% increase; 2) Lemongrass: potential 15-25% increase 3) Lime: estimated 10-20% increase
Survey: 77% Local Consumers Agree AI Brings Shopping Convenience, Over Half of Them are Concerned about Lack of Interactivity and Data Privacy GS1 HK's First-eve "Digital Transformation Award" Results Unveiled HONG KONG, Nov. 1, 2024 /PRNewswire/ -- The GS1 HK Summit 2024 ("the Summit") was held successfully today at the HK Convention & Exhibition Centre attracting about 650 cross-industry participants' registrations from Hong Kong and the Asia Pacific region. A session at the Summit featured GS1 and KPMG jointly announcing the results of a consumer survey in the Asia-Pacific region, as well as latest survey data on local consumers' views on artificial intelligence (AI) and retail. Co-located at the event, the first "Digital Transformation Awards" presentation ceremony handed out 23 awards to companies that have successfully implemented digital transformation initiatives. (left to right) Duncan Chiu, Legislative Councillor; Frankie Yick, Legislative Councillor; Zhou Qiang, Deputy Director-General of Economic Affairs & Head of Commercial Office, LOCPG in the HKSAR; May Chung, Chairman, GS1 Hong Kong; Lam Sai-hung, Secretary for Transport and Logistics; Renaud de Barbuat, President and CEO, GS1; Jeffrey Lam, Executive Council & Legislative Councillor; Peter Shiu, Member of the 14th CPPCC National Committee and Legislative Councillor; Anna Lin, CE, GS1 HK Themed "Transforming for the Next Generation Commerce", the Summit was inaugurated by Guest of Honour Mr. Lam Sai Hung, Secretary for Transport and Logistics of the HKSAR Government, who delivered the opening address. "Digitalisation in trade and logistics is indeed an irreversible trend. With the surge in cargo volume and the increasing emphasis on prompt delivery, logistics going digital is a must, not an option. The Government therefore spares no efforts in providing all assistance to the trade to ride the tide of digitalisation to stay in the game." Ms. May Chung, Chairman of GS1 Hong Kong said in her welcome address that the theme "next generation" resonated with the new thinking in today's changing market environment, for example the Government's advocacy on a host of new economic drivers like low altitude economy and silver economy, and the various initiatives that support SMEs, including the Digital Transformation Support Pilot Programme. She added that GS1 HK has been evolving on and beyond its 35th anniversary, which includes the introduction of 1QR, a QR code that connects consumers to diverse information covering product specification, offers, nutrition, certification information etc.; the launch of digital trade financing solution that is built on the trusted trade data over B2B e-commerce community platform "ezTRADE", designed to relive SMEs' cash-flow; and the smart operations solution enabled by IoT technologies and traceability platform ezTRACK, to realise supply chain visibility. One of the highlights of the Summit was the unveiling of GS1 and KMPG China's survey report titled "Navigating the future of seamless commerce in Asia Pacific", which collected feedback from 7,000 consumers in 14 economies on their shopping attitudes and expectations, uncovering the latest retail trends. Full report here: https://www.gs1hk.org/sites/default/files/publications/FINAL_navigating-the-future-of-seamless-commerce-in-asia-pacific.pdf The session also released new data on consumers' sentiments on artificial intelligence (AI) applications: Among 1,075 local respondents surveyed which is conducted by YouGov, 77% recognised the convenience of using AI as a significant benefit, which include bringing 24/7 anytime, anywhere availability (59%) and faster service (52%) to their shopping experience. AI can also help save money (49%) and provide personalised recommendations (38%). 60% of respondents also agreed that AI can improve pre-purchase experience (e.g. evaluating options), at-the-point-of-purchase (43%, e.g. completing a transaction) and after-sales services (45%, e.g. customer support). Only 12% said it was not helpful; and the majority (82%) expect AI will change retail experience in the next 5 years. However, they are concerned about the lack of human interaction (59%), data privacy (54%) and AI making mistakes (54%). (The survey details: https://gs1hongkong.box.com/s/famu36oebzlu954jdjwx362kzli673lv) "Today's technology enables companies to better serve consumers and to reach a wide range of customers," said Anson Bailey, Head of Consumer & Retail KPMG Asia Pacific. "Proactively making moves to technologies and digital platforms by offering a more integrated experience, and increasing seamless shopping experiences and value to consumers can improve returns for businesses." Anna Lin, Chief Executive of GS1 HK, highlights the importance of reliability in AI data: "More and more organisations are using technologies like Internet of Things (IoT) sensors and QR codes to collect massive amounts of data, and combine AI analytics to discover industry trends and insights. Standardised, quality data is the key, as the saying goes 'Garbage In, Garbage Out', so the accuracy and credibility of AI results are directly related to the quality of the input data. This is the foundation for AI to actually realise any business benefits." GS1 HK's Digital Transformation Awards aims to recognise businesses that have successfully implemented digital transformation initiatives, leveraging technology to drive innovation, efficiency, and growth. The Awards had attracted an impressive turnout in all 9 award categories, including customer experience excellence, fintech implementation, innovation in ESG, operational excellence, people & culture, sales & marketing, supply chain & logistics, rising star of the year and digital transformation enterprise of the year. PARKnSHOP won the grand award with its seamless O+O(offline and online) retail strategy and the launch of PNS online business fulfilment centre driving robust growth. (Please refer to appendix for the list of "Digital Transformation Awards" winners.) Anna congratulated all the winning and participating companies, and thanked the judging panel for their tremendous efforts: "The winners show not only their digital prowess but also exemplify how companies can unlock the power of digital technologies, which is conducive to the development of Hong Kong's innovation and technology ecosystem and digital economy." Download link for photos: https://gs1hongkong.box.com/s/yyqihnr4jvl0b5bqy8dkoamd7at3vtad Appendix Digital Transformation Awards Winners List (in alphabetical order): Customer Experience Excellence through Digital Transformation Name of Entry HKT CX Reimagined: Leveraging Digital to Drive Exceptional Experiences MTR Corporation MTR Digital Transformation: Smart and Inclusive Journey Sleekflow Technologies Limited & Bowtie Life Insurance Company Limited Customer Experience Excellence - Bowtie Insurance Boosts Customer Engagement With SleekFlow FinTech Implementation Excellence through Digital Transformation Name of Entry Check Point Software Technologies Limited Secure By Design Yuhu Technology Limited Yuhu Supply Chain Management Solutions for Frozen Food Trade Finance Innovation in ESG through Digital Transformation Name of Entry LEE KUM KEE Lee Kum Kee Energy Management System Upgrade Maxim's Group SmartOps Paperless Transformation MTR Corporation Smart ESG: Technology-enabled Social Inclusion Project Operational Excellence through Digital Transformation Name of Entry CUHK Medical Centre Enhancing Patient Safety and Operational Efficiency through Internet of Things and Real-Time Location Services at CUHK Medical Centre DFI Retail Group (Group Digital) DFI Operation Management System HKT Streamlined Synergy: Integrating Digital Solutions for Operational Prowess People & Culture Excellence through Digital Transformation Name of Entry HKT Powering People Excellence with Digital Advancements Swire Coca-Cola HK AI for Traffic Safety Management Sales & Marketing Excellence through Digital Transformation Name of Entry Hong Kong TV Shopping Network Company Limited ThePlace - All-in-One eShop Solution Meiriki Japan Company Limited Meiriki Japna Digitalization and System Integration Swire Coca-Cola HK Digital Vending Ecosystem Supply Chain & Logistics Excellence through Digital Transformation Name of Entry Crown Gas Stoves (Holdings) Company Limited QR Code Product Tracking System DCH Auriga (Hong Kong) Limited Robotic warehousing with clinical order fulfillment via web portal PARKnSHOP PARKnSHOP Offers Customers with Seamless O+O Retail Experience, Unlocking Post-pandemic Growth with Launch of PNS Online Business Fulfilment Centre Rising Star of the Year Name of Entry LocoBike World's First True Green Mobility Solution Meat the Next Company Limited TIGA MILK - Sustainable Choice for social inclusion and well-being TriTerra Technology Limited Motivation Scheme for City Decarbonization Digital Transformation Enterprise of the Year(Grand Award) Name of Entry PARKnSHOP PARKnSHOP Offers Customers with Seamless O+O Retail Experience, Unlocking Post-pandemic Growth with Launch of PNS Online Business Fulfilment Centre About GS1 Hong Kong Founded by the Hong Kong General Chamber of Commerce in 1989, GS1 Hong Kong is the local chapter of GS1®. GS1 Hong Kong's mission is to empower businesses of their digital transformation, improve supply chain visibility and efficiency, ensure product authenticity, facilitate commerce connectivity and enable sustainable value chain through the provision of global supply chain standards (including GTIN & barcodes), and a full spectrum of platforms, solutions and services. GS1 Hong Kong currently supports close to 8,000 corporate members from 20 sectors including retail & consumer packaged goods, food & beverage and food services, healthcare, apparel & footwear, logistics & ICT. By working closely with communities of trading partners, industry organizations, government, and technology providers, we can foster a collaborative ecosystem, paving the way for "Smarter Business, Better Life". Headquartered in Brussels, Belgium, GS1® is a not-for-profit, standards organisation that has 118 national chapters serving 150 economies globally. For more information, please visit www.gs1hk.org.
HONG KONG, Oct. 31, 2024 /PRNewswire/ -- Caravelle International Group (Nasdaq: HTCO), a global ocean technology company, today announced its Condensed Interim Unaudited financial results for the period ended April 30, 2024. During the reported period, Caravelle achieved revenue of approximately $35 million with income from operation of approximately $150,000, which is a significant improvement compared to an operational loss of $7 million for the same period in the financial year of 2023. Mr. Hanxi Chang, CEO of Caravelle, stated, "In 2024, through optimizing our business structure and enhancing operational efficiency, we successfully turned around operational losses despite continued weak demand in the freight sector. As governments, particularly in the EU, further strengthen their commitment and regulations to reduce carbon emissions in the shipping industry, we believe that the market value for addressing these emissions will approach $10 billion over the next five years. The new directors and officers are in discussions with leading companies in the fields of carbon capture, usage and storage (CCUS) to explore collaboration on the application of the technology on ships. Drawing on our years of experience and extensive network in the shipping industry, we are confident in our ability to become a leading provider and operator of on-board carbon capture (OCC) solutions. We are committed to pioneering innovative and viable methods for reducing greenhouse gas emissions while creating long-term value for our shareholders." About Caravelle International Group Caravelle is a global ocean technology company with businesses in international shipping and marine carbon neutrality. The company is committed to improving shipping efficiency through innovative technologies and promoting sustainable development in the industry. Caravelle is headquartered in Singapore. Forward Looking Statements This announcement contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words "believe," "expect," "anticipate," "future," "will," "intend," "plan," "estimate" or similar expressions, are "forward-looking statements". Such statements include, but are not limited to risks detailed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 20-F for the fiscal year ended October 31, 2022. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. All information provided in this press release is as of the date of the publication, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Earnings Call Scheduled for 7:00 A.M. U.S. ET on November 20, 2024 GUIYANG, China, Oct. 31, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced that it will release its third quarter 2024 unaudited financial results on Wednesday, November 20, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on November 20, 2024 or 8:00 P.M. Beijing Time to discuss the financial results. For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below prior to the scheduled call start time. Participant Online Registration:https://dpregister.com/sreg/10193772/fdc4c9f64c Upon registration, each participant will receive details for the conference call, including dial-in numbers, passcode and a unique access PIN. To join the conference, please dial the provided number, enter the passcode followed by your PIN, and you will join the conference. A replay of the conference call will be accessible by phone one hour after the conclusion of the live call at the following numbers, until November 27, 2024: United States: +1-877-344-7529 International: +1-412-317-0088 Replay Access Code: 7190368 A live and archived webcast of the conference call will also be available on the Company's investor relations website at ir.fulltruckalliance.com. About Full Truck Alliance Co. Ltd. Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital freight platform connecting shippers with truckers to facilitate shipments across distance ranges, cargo weights and types. The Company provides a range of freight matching services, including freight listing, freight brokerage and online transaction services. The Company also provides a range of value-added services that cater to the various needs of shippers and truckers, such as financial institutions, highway authorities, and gas station operators. With a mission to make logistics smarter, the Company is shaping the future of logistics with technology and aspires to revolutionize logistics, improve efficiency across the value chain and reduce its carbon footprint for our planet. For more information, please visit ir.fulltruckalliance.com. For investor and media inquiries, please contact: In China: Full Truck Alliance Co. Ltd.Mao MaoE-mail: IR@amh-group.com Piacente Financial CommunicationsHui FanTel: +86-10-6508-0677E-mail: FTA@thepiacentegroup.com In the United States: Piacente Financial CommunicationsBrandi PiacenteTel: +1-212-481-2050E-mail: FTA@thepiacentegroup.com
MOSCOW, RUSSIA - Media OutReach Newswire - 31 October 2024 - SIBUR, Russia's largest producer of polymers and rubber, has agreed to purchase additional electricity from renewable sources to reduce the carbon footprint of its production sites, in line with its ESG strategy. The company plans to purchase 62,000 MWh of electricity generated at TGC-1 hydroelectric power plants to meet the energy needs of two of its production facilities: SIBUR-PETF and POLIEF, both of which manufacture polyethylene terephthalate. The agreement will enable SIBUR to operate one of the sites, SIBUR-PETF, entirely on renewable energy, thus achieving one of the most ambitious goals outlined in its sustainability strategy. In addition, the deal will increase the use of green energy at POLIEF, which already operates a solar power plant that provides approximately 25% of the electricity used for the production of Vivilen granules, which are made with recycled plastic (rPET). According to its sustainability strategy, SIBUR aims to increase the share of renewable energy in its energy mix fivefold by 2025 compared with 2020 levels. The company is already operating two solar power plants. In addition to utilising green energy, SIBUR is committed to reducing greenhouse gas emissions from production through the adoption of low-carbon technologies. Hashtag: #SIBURThe issuer is solely responsible for the content of this announcement.
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