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KAOHSIUNG, April 1, 2024 /PRNewswire/ -- The 2024 Kaohsiung Smart City Summit & Expo(KSCSE), held at the Kaohsiung Exhibition Center, concluded perfectly. Over the course of the 3-day exhibition, it attracted more than 40,000 visitors. There were a total of 150 exhibitors, 550 booths, and 6 main themes, with participation from over 200 potential foreign vendors, showcasing applications including 5G, AI, IoT, and big data. Kaohsiung, which has repeatedly achieved outstanding results in smart city evaluations, is focusing on new business opportunities in smart and Net-zero transformation. Not only did the sustainable net-zero exhibition area and smart healthcare exhibition area continue to grow, but also the inaugural City COP, an international city-level climate summit, and the Smart Hospital Conference firstly relocated to Kaohsiung. This demonstrates the determination of the Kaohsiung City Government to develop smart city innovation in key areas through public-private-partnership(PPP). Kaohsiung Mayor Chen Chi-mai stated in opening ceremony that with the advent of extreme climate change and carbon tariffs, Kaohsiung particularly emphasizes the transition to net-zero and digital transformation. Through international city cooperation platforms such as ICLEI, WeGO, and CityNet, Kaohsiung hopes to collectively brainstorm and share experiences in urban governance with other cities. It is also hoped that the abundant digital and net-zero achievements showcased by industries can accelerate the pace of net-zero transformation. This year, the Kaohsiung City Government has adopted the theme of "Smart, Net-Zero, Resilient Kaohsiung." It concurrently showcased 25 projects at the booth in SCSE, focusing on the dual transformation of smart and net-zero initiatives. These projects include internationally acclaimed next-generation intelligence transportation systems, Agri-info, and Kaohsiung healthcare 3.0, leading firefighting robots, smart drug-prevention systems, intelligent water monitoring networks, and citizen cards that are closely integrated into citizens' lives to ensure safety. Additionally, there were displays of smart, net-zero, resilient city applications such as Net-Zero institute, city-level green energy management platforms, carbon footprint calculators, Kaohsiung Carbon Platform, and international solicitations for sustainable solutions and policies, demonstrating the joint efforts of the Kaohsiung City Government and the private sector towards a future vision of smart, sustainable resilience. Furthermore, over the past few years, the Kaohsiung City Government has actively engaged with worldwide cities and organization, with results beginning to shine. This year, MOU were signed with countries including Malaysia, Austria, Kosovo, and Japan, deepening mutual city-to-city exchanges and fostering reciprocal industrial development. In addition, the Kaohsiung Health Bureau integrated 15 local hospitals including Kaohsiung Medical University Hospital, Kaohsiung Veterans General Hospital, Kaohsiung Chang Gung Memorial Hospital, and Yuan Ze University Hospital to create the Smart Healthcare Exhibition Area with the theme of "Green Healthcare, Precision Health." Furthermore, the Net-Zero Innovation Pavilion brought together startups and universities to exhibit contents related to circular economy, sustainable agriculture, innovative technologies and materials for net-zero, as well as innovative services and products, all of which attracted considerable attention from the public. Open Ceremony of 2024 Kaohsiung Smart City Summit & Expo
New brand, visual identity and multi-lingual website reflects the company's transformative journey to becoming Asia's leading next-generation digital infrastructure platform. SINGAPORE and SEOUL, South Korea, March 20, 2024 /PRNewswire/ -- Empyrion DC, a leading data centre platform in Asia Pacific, has announced a new brand identity as Empyrion Digital to reflect the company's vision to become Asia's leading next-generation digital infrastructure platform. This strategic transformation signals not only a change in name and logo, but a bold commitment to build a regional platform of data centres engineered for sustainability to meet the increased demand for high-density computing workloads. In 2021, Empyrion DC was launched by Seraya Partners, a leading Asia infrastructure fund. The platform currently operates a 12.5 MW data centre in Singapore and is constructing a 40 MW data centre in Seoul, South Korea, with more markets under development. The brand change to Empyrion Digital sets the stage for its next phase of focused growth to build a new generation of green data centres across key markets in Asia. Mr Mark Fong, Chief Executive Officer, Empyrion Digital, said, "This rebranding initiative goes beyond a name and logo change. As AI workloads create greater demands on the efficiency and performance of data centres, our new identity as Empyrion Digital represents a strategic move to evolve ourselves for the future by placing sustainability at the heart of our operations. We believe in being green-by-design and investing into advanced technologies to deliver exceptional AI-ready solutions that flex and scale with our customers and partners across Asia." The new Empyrion Digital brand embraces a forward-looking and contemporary style, including fresh brand colours and the incorporation of a leaf symbol into its logo, that leans into its vision of building a sustainable digital infrastructure platform. The new brand will be rolled out across all company materials. This also includes the launch of a new multi-lingual website, which will be continually updated with the company's corporate milestones, new projects and market insights. For more information, visit www.empyriondigital.com About Empyrion Digital Empyrion Digital is a next-generation digital infrastructure platform committed to sustainability and the highest standards of responsible operating performance. Green by design, we develop and operate robust, scalable and carrier-neutral data centres for hyperscale and enterprise customers across Asia. Headquartered in Singapore, Empyrion Digital is a portfolio company of Seraya Partners, a leading Asia infrastructure fund. www.empyriondigital.com
BARCELONA, Spain, March 5, 2024 /PRNewswire/ -- Huawei and BJFF received the GSMA GLOMO award last week at MWC Barcelona 2024 for "Outstanding Mobile Contribution to the UN SDGs" for an AI-powered solution designed to prevent the extinction of Norway's wild Atlantic salmon. Lu Yong, Huawei Senior Vice President and President of the European Region for Huawei, receives the GLOMO at MWC Barcelona 2024 "We are very honored to accept the GSMA GLOMO for our TECH4ALL project, and special thanks to our partner BJFF for their commitment and support," said Lu Yong, Huawei Senior Vice President and President of the European Region for Huawei. "The salmon project shows the great potential of technology to conserve nature while driving the sustainable development of local communities. Huawei will continue to use innovative technologies to build a greener world." Launched in 2021 under Huawei's TECH4ALL initiative and developed with local partners BJFF, Simula Consulting, and Troll Systems, the solution came into being over a three-year timeframe in response to an invasive species, the humpback salmon, which threatens local salmon in Norway's rivers. The solution, the world's first of its type, filters out humpback salmon from the river system, preventing them from proceeding upstream to spawn. "We're immensely proud to collaborate with Huawei and partners on this ground-breaking project. The cutting-edge technology solution we have in Berlevåg is a successful recipe for stopping the humpback salmon, and it is inspiring for us to gain global recognition at MWC Barcelona 2024," said Geir Kristiansen, Chairman of BJFF. "This project not only protects our rivers and wild Atlantic salmon, but also showcases how innovation can tackle environmental challenges worldwide." The GLOMO judging panel described the project as an "excellent and scalable idea – the application of self-powered AI and mobile tech to accurately solve a problem, with great execution and impressive results." How the solution works Fish are directed to swim through a river-spanning tunnel installed with an underwater camera and an intelligent algorithm-powered gate. Fish are directed through the tunnel in the river The algorithm identifies different fish types, recognizing, for example, the distinctive hump of the male humpback salmon and tail patterning on the female. With an identification accuracy rate exceeding 99%, the system instructs the gate to remain closed to filter the invasive species into a holding tank, but opens to let other fish swim upstream. The automated gate in action Between June and September 2023, the latest the salmon spawning season in a biennial cycle, pilot projects in Storleva River and Kongsfjord River successfully filtered out more than 6,000 humpback salmon. The manual method requires volunteers to stand in the river, identify humpback salmon by sight, and remove them by hand. Not only is this method labor- and time-intensive, many fish are accidentally injured or killed in the process. In comparison, the automated solution causes no harm to fish and reduces manual workloads by around 90%. Background Humpback salmon were introduced into Norway's rivers in the 1960's to increase food supply. However, the invasive species rapidly increased in numbers and soon began outcompeting wild Atlantic salmon for resources and spawning grounds. Its impact has caused the population of the native species to halve since the 1980s. With salmon central to Norway's culture and economy, the issue is a continuing cause of national concern. The success of the solution and its potential to be scaled throughout Norway has given hope to solving the extinction threat to wild Atlantic salmon. The GLOMOs The GSMA GLOMO award event runs each year at MWC and honors the "best of the best in the mobile ecosystem and beyond." Decided by 200 independent judges, 30 awards are up for grabs in six categories. Huawei took home seven GLOMOs at this year's MWC. About Huawei TECH4ALL TECH4ALL is Huawei's long-term digital inclusion initiative and action plan. Enabled by innovative technologies and partnerships, TECH4ALL aims to promote inclusion and sustainability in the digital world. For more information, please visit Huawei TECH4ALL website at https://www.huawei.com/en/tech4all Follow us on X at https://twitter.com/HUAWEI_TECH4ALL
BEIJING, Feb. 28, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries, today announced that on February 1, 2024, its board of directors approved a combination of its common shares on a ten-to-one basis (the "Share Combination"). The Company's common shares will begin trading on a post combination basis on March 1, 2024. As a result of the Share Combination, each ten (10) pre-combination common shares of the Company will be automatically combined into one (1) common share without any action on the part of the holders, with par value of the common shares of the Company being changed from $0.01 per share to $0.1 per share, and the Company's issued and outstanding common shares will be reduced from 37,451,882 to approximately 3,745,189. The Company's common shares will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol "RETO" under a new CUSIP number – G75271125. The Share Combination is intended to increase the market price per share of the Company's common shares to allow the Company to maintain its Nasdaq listing. No fractional shares will be issued as a result of the Share Combination. Shareholders who otherwise would be entitled to a fractional share because they hold a number of common shares not evenly divisible by ten will automatically be entitled to receive an additional share of the Company's common shares. The Share Combination will not be submitted to a vote of the Company's shareholders as a vote was not required under the laws of the British Virgin Islands. The Company's transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to common shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436. About ReTo Eco-Solutions, Inc. Founded in 1999, ReTo Eco-Solutions, Inc., through its proprietary technologies, systems and solutions, is striving to bring clean water and fertile soil to communities worldwide. The Company, through its operating subsidiaries in China, is engaged in the ecological restoration and solid waste treatment, manufacturing and distribution of eco-friendly construction materials (aggregates, bricks, pavers and tiles) made from mining waste (iron tailings), and soil remediation materials transformed from solid waste (iron tailings), as well as equipment used for the production of these eco-friendly construction materials and soil remediation materials. In addition, the Company provides consultation, design, project implementation and construction of urban ecological protection projects and parts, engineering support, consulting, technical advice and service, and other project-related solutions for its manufacturing equipment and environmental protection projects. The Company also offers roadside assistance services and technology development services utilizing Internet of Things technologies. For more information, please visit: http://en.retoeco.com. Forward-Looking Statements This press release contains forward-looking statements. 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. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties. For example, there can be no assurance that we will be able to regain compliance and maintain our listing on Nasdaq. The reports filed by the Company with the Securities and Exchange Commission discuss these and other import factors and risks that may affect the Company's business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact:ReTo Eco-Solutions, Inc.Angela HuTel: +86-010-64827328Email: ir@retoeco.com or 310@reit.cc
BEIJING, Nov. 27, 2023 /PRNewswire/ -- A news report by China.org.cn: The "World Youth Energy Tour" was launched in Beijing on November 16. Young participants from 12 countries gathered to explore the latest developments in China's energy industry, engaging in exchanges and dialogues on topics such as green energy, energy conservation, emission reduction, and innovative energy solutions. Launching ceremony of the "World Youth Energy Tour" The "World Youth Energy Tour" is co-hosted by China Energy Investment Corporation (CHN Energy) and China International Communications Group (CICG). With the theme of "Clean Energy, Green Development, and a Better Life", it aims to invite international youths to learn about the advancements in China's energy industry, the construction of China's modern energy system, and the practices in green and low-carbon development. It also encourages them to contribute their wisdom and strength to the high-quality development of world energy and to the expansion of the global green map. The launching ceremony began with the melody of the multilingual song "Auld Lang Syne". At the ceremony, four young representatives from CHN Energy presented China's overseas energy projects in cooperation with countries such as South Africa, Greece, and Indonesia. They also introduced the overview of domestic green mining practices, demonstrating China's collaborative efforts to implement the concept of green, low-carbon, and innovative development, its support in ensuring energy supply to international partners, and the outstanding achievements of Chinese companies in fulfilling global social responsibilities. Moreover, they shared stories of the high-quality development of China's energy industry and the win-win cooperation in China's modernization process through vivid examples. The attending youths listened attentively, sought to understand the relevant information, and actively shared their own thoughts. Eliseev Filipp from Russia said that he was amazed by the rapid development of China's energy sector, especially in green energy. How to strike a balance between ecological conservation and economic development is worthy of in-depth consideration and communication by young people all over the world, he noted. "I am very excited to participate in this event and look forward to learning from and building friendships with young people from various countries in the following activities," said Mphuthi Thembekile Lumwata from South Africa. She emphasized that young people from different countries should communicate more, contemplate the innovative development, production, and use of energy from a global perspective, and contribute to environmental protection. Yu Tao, Vice President of China International Communications Group, said in his speech at the launching ceremony that nowadays, humans are facing universal challenges in terms of resources and environmental issues, leading to the need for joint efforts to find the greatest common denominator in building a better world and a beautiful earth. Yu expressed his hope that through this event, young people from various countries would get insights into China's contributions and progress in addressing global energy challenges, tell stories about China's energy to the world, and work together to create a more prosperous and sustainable future. Wang Min, Director of China Energy Investment Corporation, spoke at the ceremony, expressing his hope that the event would enhance young people's understanding of the high-quality development in China's energy industry, foster friendship through mutual learning and sharing, and encourage the contribution of youth wisdom and strength towards better international cooperation in the energy sector. It is reported that from November 17 to 19, young participants of the "World Youth Energy Tour" visited the Taizhou coal-fired power plant of CHN Energy and Jiangsu Offshore Longyuan Renewable Energy Co., Ltd. to personally experience China's achievements in technological innovation and green development within the energy industry.
BEIJING, Aug. 18, 2023 /PRNewswire/ -- In June of this year, Fortune China released "The 2023 Representative Chinese Companies in Overseas Market" list. The list highlights Chinese companies and their growing influence as they explore new frontiers across seven sectors. Among these, the Enterprise Service sector stands out for popularity. Tuya Smart (NYSE: TUYA, HKEX:2391), a key player in the sector, holds the title of being the No. 1 Internet of Things (IoT) PaaS provider in the world in terms of shipment volume. Operating under a "B2B2C" business model, Tuya serves as an IoT developer platform, engaging a massive community of over 700,000 platform developers. The company has successfully gone public in New York and Hong Kong, becoming the first listed global IoT cloud platform. As a global company, Tuya's model of providing one-stop services to overseas businesses has been successful, especially compared to the traditional model of direct product distribution in global markets. This success is not only due to its innovation in the IoT field, but also due to its long-term cooperation with Amazon Web Services (AWS). Partnering with AWS, Tuya currently provides IoT services to 220 countries and regions globally, covering nearly every corner of the world. Moreover, facing challenges of global warming and the competitive IoT market, Tuya has made early arrangements in frontier areas such as Home Energy Management System (HEMS) to truly achieve sustainable development, and seize the business opportunities in this emerging market. Over the nine years since its founding, what successful experiences and insights has Tuya gained in the overseas market? How has Tuya's cooperation with AWS enhanced its industrial value chain? What shortcomings still need to be overcome in the current overseas situation? What opportunities does the emerging HEMS market mean for Chinese companies? With these questions, Fortune China recently had an exclusive interview with Ms. Jingdan Na, Vice President of Marketing and Strategy and Chief Marketing Officer (CMO) at Tuya. Na believes the synergy of technology, platform, and reputation drives the collaboration of numerous large enterprises and developers with Tuya in building the IoT ecosystem. Meanwhile, the emerging HEMS market has promising prospects. It is not only the entry point for the integration of IoT and new energy, but also consistent with the trend of achieving carbon peaking and carbon neutrality goals. In the future market, HEMS can be in high demand. It is believed that this technology will gain success first in European and American markets. In the Face of Global Warming, HEMS Aligns with the Goal of Fighting Climate Change This summer has been extraordinarily hot! July 3 broke the global hottest day record, according to data from U.S. National Oceanic and Atmospheric Administration (NOAA), with the global average temperature exceeding 17 degrees Celsius for the first time. Just a day later, the record for "the hottest day on Earth" was broken again, and it can be predicted that this record will be broken repeatedly in the future. In response, the World Meteorological Organization (WMO) is urging countries to prepare for the impact on human health, ecosystems, and the economy. The most direct impact is that the demand for high-energy-consuming appliances such as air conditioners have surged among consumers. Therefore, the concept of HEMS has once again been raised in public. Na pointed out that HEMS is the future of smart homes. "According to global electricity data, residential electricity consumption accounts for 36.6% of total societal electricity consumption, and electricity usage is very inefficient, resulting in serious energy waste. In many places in Europe and America, electricity control is still manual." In Na's view, with the popularity of IoT products, "there should be new technologies to drive the full digitalization of home energy management, which is a great opportunity I saw last year and will also be the next turning point for smart homes." The concept and products of HEMS were first proposed in Europe and America as early as in the 1970s, but for various reasons, market penetration has been extremely low and there are obvious technical defects. "Home electricity system are still limited by wired protocols in many ways, so the number of devices connected is low. Many have not yet been integrated with power companies, so each part of the system is disjointed." Even such an elementary system "can help some regular households in the United States and Europe save 30% of their energy usage each year, saving over $400 in electricity bills per year." At present, based on the IoT platform, HEMS have a clearer path to the market. Considering the recent surge in energy prices in Europe and America, the market starts to be profitable. From the perspective of product commercialization, smart devices with power-saving functions, such as smart plugs and smart thermostats, have emerged and gradually gained popularity in overseas markets. These emerging products are parts of smart home. Tuya's product concept is even more aggressive, aiming not only to build an interconnected system of smart devices, but also to achieve precise electricity consumption data analysis. Ultimately, it seeks to truly achieve energy conservation and emission reduction in the smart home fields through home electricity strategy management. Na summarized the logic behind this product as observation, execution, optimization, and prediction. More specifically, it can be explained as the intelligence of electricity meters, the application of energy-saving devices, the optimization of electricity use models, and the precise prediction and execution of electrical devices. This allows both passive monitoring and active and intelligent management of household energy, bringing convenience to users and saving money while being energy-efficient and environmentally friendly. "Assuming that the electricity system adjusts in real-time and the lowest electricity cost occurs at 4 o'clock in the morning, with HEMS's intelligent prediction and execution, washing machines can automatically turn on when electricity cost is lowest, achieving a win-win situation for consumers and electric power companies," Na said. Once HEMS is widely popularized, the electricity bills received by consumers will be totally different. Future electricity bills can be similar to current mobile phone bills, with breakdowns of electricity usage and time for large and small appliances, lamps, and other products listed separately. For example, bills can show how much electricity the refrigerator and air conditioner used this month, or whether the appliance was more energy-efficient compared to the last month. This allows consumers to understand more directly the details of appliance power consumption and energy-saving algorithms of appliances operation, thereby optimizing electricity consumption. Currently, the Best Market for HEMS is Europe and America Transitioning from empowering smart homes to providing home new energy management solutions is a huge blue ocean market, and the venture is in the line with Tuya's core competencies. "Tuya serves as a platform, so it can have diverse observations and identify blind spots for other enterprises more easily," Na explained. In recent years, energy prices in Europe and America have skyrocketed. "People used to not care about electricity bills, but now an increasing number of consumers and companies are starting to explore ways to save electricity." From a global perspective, energy prices are rising, while the target date for implementing the Paris Agreement, which aims to address climate change, is approaching, and the concepts of zero carbon and peak carbon have taken hold. Regarding this, Na believes that currently the best market is Europe and America, especially Europe, according to market research. "I think the European market is the most receptive and demanding of innovation. The cost of electricity in Europe is too high, so it is feasible to impress consumers with value-added services that can save electricity, " Na said. Ten years ago, smart home products seemed unaffordable, but now they have become common for households. Since the number of globally connected smart home products has exceeded tens of billions, the commercialization of HEMS products will also be attainable in the future. Especially if the global heatwaves continue in the summer, the pace from vision to reality may significantly accelerate. Looking into the development of the smart home industry, solutions for audio-visual entertainment, home & living, and home security systems have been greatly enriched, and the market competition is extremely intense. However, the smart energy management field that has been neglected for a long time is still in its early stages of development, which means it has huge potential and is truly a blue ocean market. Considering business development, Tuya seized the opportunity from the explosive growth trend of smart homes nine years ago, and firmly established the path of platform-based development with a focus on 'connectivity + ecosystem'. Cooperating with AWS, Tuya has a significant chance to place itself at the forefront of HEMS deployment when the next decade's opportunity arrives. Collaboration with AWS to Drive Innovation in the IoT Market One important reason behind Na's optimistic outlook for the development of HEMS is the unprecedented prosperity of the IoT market over the past decade. This has given her great confidence. Tuya has distinguished itself in the trend of IoT innovation, accurately establishing its market positioning. The company does not manufacture hardware products but provides customers with one-stop IoT solutions. Its main customers are enterprises that tend to go global, and cooperation with AWS has played an indispensable role in this process. When reviewing the cooperation with AWS, Na said: "Tuya positioned itself as an international company at the early stages of establishment. If we didn't choose AWS at the start, our path to globalization might not have been so smooth, so we are deeply grateful." There is a core technological pain point for the IoT industry in the highly fragmented scenarios and demands of downstream application. This leads to diverse network communication methods and platforms, posing significant challenges to achieving device interconnectivity. Additionally, it also requires deployment of global cloud networks. Public data shows that as of the end of March this year, Tuya IoT Development Platform has covered over 200 countries and regions, with over 782,000 registered developers worldwide. It has formed a huge advantage in developer ecosystem. Meanwhile, AWS global infrastructure and localized service deployment capabilities have also promoted Tuya's global expansion. As a global IoT platform, Tuya has extremely high requirements for cloud services in terms of reliability, stability, and scalability. For example, it requires service response time controlled within 100ms. Using cloud computing, storage, database, data transmission and other services on AWS, the availability of Tuya's cloud service platform has reached 99.99%, and its stability has been greatly guaranteed. "Choosing a reliable technological service provider like AWS can help us solve the real pain points of going global," Na emphasized. In China, the going global story such as Tuya's that involves collaboration with AWS is not unique. AWS ranks top worldwide and in Asia Pacific "IDC MarketScape IaaS Provider" and over 80% of Chinese enterprises going global have chosen to work with AWS. By industry-leading security and compliance, global infrastructure, over 200 types of cloud services, global partner network, mature and rich customer experiences, and powerfully global business ecosystem, AWS has been providing sustained and reliable support for Chinese enterprises' overseas expansion for the past decade. On the cooperation with AWS, Ms. Na shared that "both companies have flat organizational structures, so we can work together to serve local customer, and respond to customers' need in a timely manner. " This also reveals the secret of Tuya's success as a "B2B2C" company, standing on the shoulders of giants.
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