BEIJING, April 7, 2023 /PRNewswire/ -- A news report by China.org.cn on China's rural education:   Trashcan drones, water rockets made out of plastic bottles, DIY "wandering balloons"… These are showcases of science projects completed at an elementary school in Gushi County, Henan Province. The ingenious teacher who led students in these projects is Zhang Jiantao. What distinguishes him is that he teaches in a rural school where out of the some 1,400 student body, over 80% are children left behind by their parents who work away from home most of the time. Rural schools usually lack the necessary wherewithal for science education, such as apparatuses for experiments due to limited budgets. To intrigue students about science, Mr. Zhang will collect "waste" on school grounds in his daily life — used ping pong balls, straws and so on — and save them as materials for possible science experiments in the future. These science projects that reuse waste objects have made Mr. Zhang's science class a place of fun and joy. Besides the science projects displayed at the beginning, there are other interesting demonstrations, such as an "air cannon" made using cartons and cans, and a "static octopus" that runs on charging by friction. Through these fun experiments, the teacher has imparted knowledge on students like the pattern of sound waves and Bernoulli's principle. Zhang Jiantao has gained many likes from netizens. But what touched people is not only Mr. Zhang's intriguing way of teaching, but also how through his deeds, opened up a door to science for these rural left-behind children, igniting their science dream. Statistics show that in 2021, there were over 11.99 million left-behind children who were attending compulsory education in rural areas. But the fact is, a rather huge gap still exists between rural and urban schools in education resources and facilities, with art and science education being even weaker links in rural institutions. For three years, Zhang Jiantao has brought over 100 science projects to his students leveraging this waste-recycling model. This year, he plans on compiling a textbook for the school he works at tailored to the circumstances of rural students, so that more children in rural areas could taste the charm of science. For a science teacher, maybe some DIY science projects don't seem that challenging, but what really makes Zhang stand out from the rest is his commitment to staying in the countryside and contributing his bit to overcoming challenges in rural education. "Dream weavers" like Zhang Jiantao are not rare in rural China. Yang Yu, a rural schoolteacher in Luanping County, Hebei Province, the only music teacher in her school at that time, transformed each of her classes into an experience of emotions and scenarios. She planted the seeds of music in the hearts of the left-behind children, and even brought her students to perform nationally. Math teacher Wu Xianzhou from Xinzhou Town, Danzhou City in Hainan Province, self-taught computer-programming lessons so he could teach his students and enrich their extra-curriculum choices. Under his proposal, computer-programming for children have become a special course offered at his school. Rural education largely relies on these ordinary people with extraordinary minds. Meanwhile, China is encouraging more and more "dream weavers" through measures like training programs and income enhancement, to help even more children pursue their dreams. China Mosaic http://chinamosaic.china.com.cn/index.htm Dream Weavers in the countryside: Lighting up Scientific Dreams for Children http://www.china.org.cn/video/2023-04/07/content_85217290.htm
Vehicle communication supported with ultra-high speed 5G- An Essential element for safety in autonomous driving Data download speed quadrupled…Component downsized by up to 20% "Will continue to introduce innovative components for the autonomous driving vehicles, to create differentiated customer value" SEOUL, South Korea, April 7, 2023 /PRNewswire/ -- LG Innotek (CEO Cheol-dong Jeong) announced on the 6th on succeeding the development of '5G-V2X Cellular Module' that is significantly improved with the long-distance data transmission based on Qualcomm's chip and reception on V2X (Vehicle to Everything). 2nd generation ‘5G-V2X(Vehicle to Everything) cellular Module’ developed by LG Innotek. From the development of this new product supporting the ultra-high speed 5G vehicle communication, LG Innotek is now able to accelerate the target on the self-driving car components market. Vehicle communication supported with ultra-high speed 5G- Essential element for safety in autonomous driving '5G-V2X Cellular Module' is a 5G mobile communication technology and component supporting the data transmission and reception on V2V (vehicle-to-vehicle), V2P (vehicle-to-pedestrian) and V2I (vehicle-to-infrastructure), and this technology. This is the reason why '5G-V2X Cellular Module' considered to be an essential element for safety in autonomous driving. This part is mounted mostly in the vehicle communication device inside the car or on the roof in form of a module combined with a communication chip, memory, RF (Radio Frequency) circuit, etc., to receive large amount of data required for driving from the base station near the cars. The industry estimates that the daily average data produced by one autonomous driving vehicle will be about 4TB(4,000GB), which is a capacity possible for downloading 8,000 films of 90-min movie (average of 0.5GB per movie). When processing this enormous capacity of data, speed is the key. For example, when the road is stuck due to an unexpected accident, this road condition should have been sent to the advanced driver assistance system (ADAS) for finding bypass shortly. But if data transmission is delayed, we cannot eliminate the possibility of the secondary accidents due to entering of the cars which don't have any information on this situation. This explains why 5G technology is receiving the spotlight in the autonomous driving field where immediate response to the real-time changes in situation is needed. Therefore, most of the experts are expecting that the paradigm of global automobile industry will be converted to adopting the cellular module based on 5G instead of the LTE(4G). Data download speed quadrupled…Component downsized by up to 20% In 2019, LG Innotek launched the 1st generation vehicle 5G cellular module for the first time in the world, and in this newly developed 2nd generation module has quadrupled V2X data download speed from 35Mbps to 150Mbps, 4 times higher compared to the existing product. LG Innotek sophisticated the temperature control algorithm to minimize the high frequency 5G signal loss due to direct sunlight and heat. As a result, 5G vehicle communication maintaining high-quality even in high temperature of 194℉ is provided. Thanks to this increase in durability, the long distance V2X communication up to 0.62~0.93mile can be stably supported through the 5G network. In addition, LG Innotek's 2nd generation '5G-V2X cellular Module' was developed in the size of 46mm×50mm, which is reduced in size up to 20% compared to the existing product. It is half size of a credit card, and possible to be mounted conveniently inside and outside the cars. While reducing the module size, LG Innotek's unique high-density, high-precision technologies were utilized to gather 800 components for 5G communication into one product such as the communication chip and memory, etc. Compared to the 1st generation module that included about 480 parts, the number of parts mounted in the module increased by 60%, showing the improvement of quality and performance in the communication. Moreover, the latest 5G standard (3GPP Release 16) from 3GPP (3rd Generation Partnership Project) was adopted to enable the use of the module regardless of the nations, terrain, and the types of cars. By strengthening the compatibility of the product, LG Innotek secured more favorable position in attracting customers for the self-driving vehicle components. "Innovative components for the autonomous driving vehicles will be introduced continuously to create differentiated customer value" For the goal of commercializing the 2nd generation '5G-V2X cellular Module' by 2025, LG Innotek is performing various promotional activities not only in Korea, but also on global automobile companies and automotive electronics makers in Europe, USA and Japan. Byaeng-kuk Yoo, Vice President of Automotive Components & Electronics Business Unit, stated that "2nd generation '5G-V2X cellular Module' will become a key component in opening the period of fully autonomous driving," and added, "As the 'total solution provider on future vehicles', LG Innotek will continue to introduce innovative products on electronic components for the future cars to create differentiated value for the customer". Meanwhile, according to the market survey agency Techno System Research (TSR), the number of cars mounted with 5G communication module in all over the world is expected to increase from 1.7 million in this year to 21.8 million by 2027.
TAIPEI, April 6, 2023 /PRNewswire/ -- Cervoz Technology, a leading supplier of industrial-grade storage and memory solutions, is excited to announce the new NVMe PCIe Gen 4x4 SSDs, the T441. Purposefully designed to cater to the growing automaticity trend of the industry, the T441 is the ideal choice for companies seeking cutting-edge technology in high-performance storage solutions. Cervoz Technology introduces its new industrial-grade T441 NVMe PCIe Gen 4x4 SSDs, boasting exceptional performance. Deliberately designed to address the growing automation trend in the industry, the T441 is the perfect choice for companies seeking cutting-edge technology in high-quality storage solutions. Blazing Speeds with High Capacity The Cervoz T441 SSDs leverage the power of 112-layer 3D TLC NAND flash technology, offering storage capacities of up to 3840GB in a compact and energy-efficient design. In addition, the high-speed PCIe Gen 4x4 interface enables faster and more efficient data access, with Read/Write speeds of up to 7,100/6,190 MB/s and 4K random IOPS of up to 1,000K. This exceptional performance makes the T441 an ideal solution for applications requiring real-time processing of vast data, such as surveillance, machine vision, and edge AI, as well as those handling massive data sets like CAD, biomedical engineering, and atmospheric sciences. Advanced Heat Dissipation for Optimal Performance The T441 family incorporates a hardware-software integrated heat dissipation design, ensuring maximum performance and durability. This design includes a dynamic thermal throttling mechanism that monitors and regulates operating temperatures within a standard range of 0°C to 70°C. Additionally, the T441 is outfitted with a premium-grade aluminum heatsink, reducing the operating temperature by 15°C to 20°C and allowing the SSDs to maintain optimal performance. This state-of-the-art heat dissipation design results in exceptional quality and significant heat dissipation of up to 25%, making the T441 a reliable and efficient choice for high-performance storage solutions. Unrivaled Durability, Reliability, and Data Security Expertly engineered with advanced features such as SLC write cache, DRAM buffer, and wear leveling technologies, T441 delivers exceptional durability and longevity in storage solutions. DRAM buffer technology is the integration of a DRAM chip in T441 storage modules that serves as a cache for hard disks, acting as a directory and collecting small amounts of data before directly storing it into the flash memory. This process minimizes the wear on the limited read/write cycles of SSDs, resulting in enhanced performance and endurance. Consequently, the T441 is an ideal choice for applications requiring intensive writing of numerous small files. Cervoz incorporates a robust ECC algorithm known as Low-Density Parity Check (LDPC) decoding in the firmware to optimize data reliability. In an era where the Internet of Things (IoT) places a premium on security and reliability of data, the T441 is designed with End-to-End Data Protection as well as S.M.A.R.T. and TRIM technologies. These enhancements significantly contribute to safeguarding data integrity and security, making the Cervoz T441 a leading choice for storage and memory module solutions. Cervoz is ready to support the growing demand for various industrial applications with our new NVMe SSDs in this data-rich world. For more information, please visit www.cervoz.com or contact info@cervoz.com. About Cervoz Headquartered in Taiwan, Cervoz Technology supplies embedded components for the industrial PC market. The company has nearly two decades of experience designing and developing high-performing memory and storage solutions for industrial applications. ContactsMedia: marketing@cervoz.com Sales: sales@cervoz.com
BEIJING, April 6, 2023 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), a global diversified "software as a service" ("SaaS") technology service provider committed to providing technical support and digital transformation tools for enterprises across multiple industries, today announced that it has entered into those certain securities purchase agreements with certain accredited investors for the sale and issuance of a new series of senior secured convertible notes in the original principal amount of $18,333,333.33 (the "Notes") and common stock purchase warrants to purchase up to 25% of the shares of common stock underlying the Notes (the "Warrants") at initial exercise of $1.00 per share, subject to adjustment, subject to customary closing conditions. The net proceeds, after original issue discount will total $16.5 million. The transaction has not been closed as of the date hereof. Provided no Event of Default (as defined in the Notes) has occurred, the Notes will accrue interest at an interest rate of 5% per annum, and the Company will be required to pay installment amounts, or at its option redeem such amounts under the Notes each month commencing on the last trading day of the calendar month in which the control account trigger date occurs, and thereafter, the last trading day of each calendar month until the maturity date of eighteen months from issuance, at which time all outstanding amounts remaining, if any, will be due and payable in full. At the Company's option, each redemption payment can be made in cash or stock at a discount to the then-current closing bid price at the time of the redemption. The investor will also have the right to an accelerated conversion of any or all of the outstanding balance of the Notes into stock. The Notes will be secured by substantially all assets of the Company and will rank superior to all outstanding and future indebtedness of the Company. The Warrant can be exercised on a cashless basis. The exercise price of the Warrant is subject to (i) customary anti-dilution adjustments; and (ii) in the case of a subsequent equity sale at a per share price below the exercise price, the exercise price of the Warrant will be adjusted to such lower price, and the number of shares underlying the Warrant will increase proportionately. The Company expects to use the proceeds from the sale of the Notes for general corporate purposes, which may include, among other things, research and development, legal and accounting fees. The Notes, Warrants, and the shares issuable upon the conversion of the Notes and the exercise of the Warrants are offered and sold pursuant to exemptions from the registration requirements of the Securities Act afforded by Section 4(a)(2) thereof and Rule 506 of Regulation D promulgated thereunder. Univest Securities, LLC served as the sole placement agent in the transaction. About WeTrade Group Inc. WeTrade Group Inc. is a global diversified "software as a service" ("SaaS") technology service provider which is committed to providing technical support and digital transformation tools for enterprises across different industries. The four business segments of WeTrade Group are YCloud, WTPay,Y-Health and YG. YCloud is a micro-business cloud intelligent system launched by WeTrade, serving global micro-business industry. YCloud strengthens users' marketing relationship and CPS commission profit management through leading technology and big data analysis. It also helps increase the payment scenarios to increase customers' revenue by multi-channel data statistics, AI fission and management as well as improved supply chain system. Independently developed by the Company, WTPay supports multiple methods of online payment and eight mainstream digital wallets in over 100 countries to help customers quickly realize global collection and payment business. Y-Health is the sector focusing on public health business, which engages in developing global business for biological health and medical enterprises. Currently, Y-Health mainly focuses on detection and prevention of epidemic, daily healthcare, traditional Chinese medicines, and others. YG is the new energy business segment which mainly provides tools and technical support for the digital new energy industry in the Middle East and Central Asia. For more information, please visit https://ir.wetg.group. Forward-Looking Statements This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company's encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission.
BAODING, China, April 6, 2023 /PRNewswire/ -- On March 30, GWM released its 2022 annual report. In 2022, the total operating revenue of GWM was 137.34 billion CNY. The net profit attributable to shareholders of listed companies was 8.27 billion CNY, a year-on-year increase of 22.90%. GWM 2022 Annual Performance Report: 12.18 billion CNY R&D investment, up 34% In 2022, GWM maintained a healthy and sustainable financial situation by accelerating the pace of intelligent and new energy transformation, releasing product potential and market momentum. And it has made progress in new energy, intelligence, globalization, and system transformation. In 2023, the company will continue to take technology development as the foundation, take global development as the wing, adhere to the new energy declaration of "Greener, Higher, Safer", let conscientiousness and honesty be the essence of car-making, let core technology lead as the essence of competition, and let technology realize equal rights for all people. Under the background of the intelligent and the new energy revolution in the industry, GWM continued to strengthen scientific and technological innovation. In 2022, the company invested 12.18 billion CNY in research and development, a year-on-year increase of 34.34%, accounting for 8.87% of the total operating revenue. It continued to strengthen research and development capabilities, consolidate its foundation with technological innovation, and further enhance its core competitiveness. As the only automotive company in China and the only one of two in the world that has completed a flat, networked, and decentralized layout of the entire industrial chain in the two major fields of energy and intelligence, GWM has established a forest ecosystem with multiple species interacting and continuously evolving, forming a complete industrial layout, achieving independent control of core technologies and efficient collaboration of organizational systems. In the field of new energy, GWM has established a parallel development strategy of hybrid, pure electric, and hydrogen energy, with multiple technological routes. It has built an industry-leading energy system of "photovoltaic + distributed energy storage + centralized energy storage", and completed the entire value chain layout of "solar energy - battery - hydrogen energy - vehicle power". The recently released new intelligent four-wheel drive hybrid technology Hi4 has achieved a "new configuration" of three power sources with dual axis distribution, a "new breakthrough" in iTVC intelligent torque vector control system, and a "new height" in electromechanical coupling transmission systems. This technology will be first applied on the newly launched HAVAL new energy model, and the full range of new energy products from GWM will also be fully popularized in 4WD by 2024. In the future, in the face of increasingly fierce market competition, GWM forest ecosystem will continue to exert its strength, comprehensively deploy intelligent new energy fields with new sequences, new channels, new models, new technologies, and new products, to continuously improve its product mix and meet the diverse needs of consumers.
SINGAPORE, April 6, 2023 /PRNewswire/ -- Hitachi Solutions Asia Pacific, a global systems integrator with leading capabilities in Microsoft solutions, was announced a winner in the Asia Pacific Region and Singapore Business Applications categories at the 2023 Microsoft Singapore and Asia Pacific Region Partner of the Year Awards. These awards recognize Microsoft Partners who have shown flexibility and ingenuity in creating cutting-edge innovation across industries, including the public sector, financial services, manufacturing, and small and mid-size enterprises on the Microsoft Cloud. From Azure to Power Platform, these partners work closely with customers to make a positive impact on communities, create new ways to use data and AI (artificial intelligence), enhance their security architecture, build new ways to work and innovate for a sustainable digital future. Hitachi Solutions Asia Pacific was recognized for providing outstanding solutions and services in two categories. The Asia Pacific Region Business Applications category highlights Hitachi Solutions' strong presence and diverse customer base across APAC, equipped with repeatable vertical solutions and services combined with the best-in-class solutions for Dynamics 365 and Power Platform. On the other hand, the Singapore Intelligent Line of Business category gives emphasis on Hitachi Solutions' consistent leadership and high-quality service to customers in the country, which ensures significant business benefits from their Dynamics investments. "We are humbled to win two major categories in the Microsoft Partner Awards," said Toshimasa Watanabe, President of Hitachi Solutions Asia Pacific. "Through our world-class practices and leadership, we were able to work on large complex global and regional transformation projects while leveraging the appropriate Microsoft technologies. Our goal is to empower customers in adopting technologies that match their needs and drive better business decisions." This year, 19 categories in Singapore and 9 categories in Asia Pacific were presented with the award winners selected based on the positive business impact of solutions, their commitment to creating exceptional customer experiences, the strategic value and high impact of their solution on the market, as well as their exemplary use of Microsoft technologies. "Congratulations to Hitachi Solutions as the Microsoft Asia Pacific Region and Singapore Business Applications Partner of the Year," said Vivek Puthucode, Chief Partner Officer, Microsoft Asia Pacific. "As a winner, Hitachi Solutions role-modelled how Microsoft and the partner ecosystem in the region need to keep our fingers on the pulse of what truly matters to our customers as they turn once again to technology as a critical business differentiator on their paths to post-pandemic recovery and innovation-powered growth." About Hitachi Solutions Asia Pacific Pte. Ltd. Hitachi Solutions Asia Pacific helps its customers successfully compete with the largest global enterprises using powerful, easy-to-use, and affordable industry solutions built on the Microsoft Cloud. Hitachi Solutions provides global capabilities with regional offices in the United States, Canada, Europe, India/Middle East, Japan, and Asia Pacific. For more information, visit: http://global.hitachi-solutions.com/. Media Contact:Nina GonzalesHitachi Solutions Asia Pacificinfo@hitachisolutions.com
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