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BEIJING, July 3, 2023 /PRNewswire/ -- Segway-Ninebot, a global enterprise in the field of intelligent short-distance transportation and service robots, has received the world's first Life Cycle Assessment (LCA) Verification Statement for the electric scooter category from TÜV SÜD, a leading global testing and certification organization founded in 1866. This covers micromobility products of Ninebot Max S90L, Ninebot Max Plus X (SNSC 2.4), the two models exclusive for sharing business have gained significant popularity in the market. This certification effectively enhances product competitiveness and leads the green, low-carbon and circular development of micromobility industry. "Being awarded the first LCA verification statement represents a critical milestone for Segway in its green and low-carbon efforts, and shows its corporate sustainability philosophy in real practice", Michael Luan, Product Director of Segway Commercial Mobility Business Division, Segway-Ninebot, said. The specific verification process includes 18 types of environmental impacts such as global warming, water, energy and resource consumption, acidification, water eutrophication and etc. It has been confirmed the verified KickScooter products complied with international standards of ISO 14040 and ISO 14044. In addition to reducing carbon emissions throughout the product life cycle, Segway-Ninebot also practices green development through recyclable packaging. As part of these practices, the company has formulated the "Packaging Design Specification" to manage the design and use of packaging materials, and has established a packaging material library to increase the reuse rate of shared materials. The two LCA verified models also fully use the recycled material for its better recyclable. Following thorough latest R&D report, we have achieved a notable breakthrough by incorporating recycled materials into key components of our KickScooter, including the rear and front fenders, chassis front bumper, and several other integral parts. For some products such as electric scooters and lawn mower robots, the company uses fully paperless design for packaging, and has updated its packaging to corrugated and honeycomb cardboard so as to reduce the use of non-environmentally friendly materials, while protecting the goods. As of March 2023, Segway-Ninebot's users have collectively traveled over 8,054,220,655 kilometers globally, reducing carbon emissions by 388,213,436 kilograms, equivalent to planting 21,687,901 trees. Segway-Ninebot is always committed to offering high-quality green products, providing global consumers with low-carbon travel options for diversified scenarios such as urban commuting, intercity commuting and travel, and fulfilling the commitment to sustainable development. Fore more information about sustainable efforts from Segway-Ninebot, please visit https://www.segway.com/. Corporate PR, Segway-Ninebot, Ling Ding, ling.ding@ninebot.com
HONG KONG SAR - Media OutReach - 3 July 2023 - Shenzhen Capital (International) Asset Management Co., Ltd ("Shenzhen Capital International"), a wholly-owned subsidiary of Shenzhen Capital Holdings Co. Ltd ("Shenzhen Capital", the only state-owned capital operation company in Shenzhen wholly-owned by the Shenzhen State-owned Assets Supervision and Administration Commission), and Value Partners Group Limited (together with its subsidiaries, "Value Partners", Hong Kong Stock Code: 806.HK), are pleased to announce the strategic cooperation and partnership to jointly launch the market's first Greater Bay Area ("GBA", the "Region")-focused special opportunity fund ("the Fund"). The Fund was announced at a signing ceremony on 30 June 2023. Shenzhen Capital's wholly-owned subsidiary will be the General Partner ("GP") of the Fund, and with Value Partners, both serve as the co-investment managers of the Fund. Alick Dong, President, Shenzhen Capital International (left) and June Wong, CEO, Value Partners Group (right) announce the strategic cooperation and partnership between Shenzhen Capital and Value Partners Shenzhen Capital and Value Partners believe the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area" ("the Initiative") creates significant opportunities for parties in the Region to connect, develop, and integrate from economic, financial, infrastructure, and cultural perspectives. The Initiative also allows the twin cities, Hong Kong and Shenzhen, to prosper as global financial and high-end manufacturing hubs. Shenzhen Capital and Value Partners also trust Hong Kong and Shenzhen, as core cities in the GBA initiative, should play vital roles in this unprecedented opportunity and fully leverage their respective competitive advantages. The Fund aims to capitalize on opportunities from high-quality and yet undervalued companies, both in the public and private markets in the GBA and unlock their growth potential through various business and financial enhancement strategies, such as restructuring, privatization, and capital structure optimization. These Hong Kong-based companies are undervalued, often due to their limitation to the local Hong Kong market. Equipping these companies with the right experience, network, and know-how to expand their businesses into the broader GBA region will not only deliver attractive total returns for investors, but also contribute significantly to the economic and social development of the GBA, further cementing Hong Kong and Shenzhen's pivotal roles as the dual-engine of the Region's development. The partnership between Shenzhen Capital and Value Partners will play an instrumental role in unlocking the potential of companies and accelerate their growth in the broader GBA region. Shenzhen Capital has more than 15 years of experience in mainland China's capital market with a focus on strategic investments, while Value Partners brings more than 30 years of research experience and a strong reputation as a trusted strategic shareholder for companies in Hong Kong. Through this strategic partnership, the Fund will provide our portfolio companies with unparalleled investment resources and connections in the GBA to springboard their growth and expansion into the significantly larger market of the Region, unlocking the growth potential of these undervalued companies. Alick Dong, President, Shenzhen Capital International, said: "We are pleased to forge this strategic cooperation with Value Partners. This investment partnership is aligned with the GBA initiative to foster stronger collaboration between Shenzhen and Hong Kong, as well as economic and social development of the Region. Our shared vision to facilitate the closer collaboration of businesses in the GBA is going to bring significant value to companies and economies in the Region." June Wong, CEO, Value Partners Group, said: "We are excited to partner with Shenzhen Capital to launch this Fund, which brings together the best-in-class expertise of both firms in private and public markets across mainland China and Hong Kong, to help our clients benefit from the unique investment opportunities in GBA. This Fund is also aligned with our Group's strategy to bring innovative and differentiated products to our investors and will also contribute to the development of Hong Kong businesses, communities, and the economy." Hashtag: #ValuePartnersThe issuer is solely responsible for the content of this announcement.About Shenzhen Capital Holdings Co., LtdEstablished in 2007 and wholly owned by the Shenzhen State-owned Assets Supervision and Administration Commission, Shenzhen Capital is the only state-owned capital operation company in Shenzhen focusing on merger and reorganization, equity investment, market value management and industrial fund management. Shenzhen Capital is one of the five enterprises in Shenzhen selected to participate in the State Council's "Double Hundred Initiatives”. Serving as the "Linkage of Capital and Industry", Shenzhen Capital plays a leading role in cultivating regional industries, promoting economic transformation, and developing emerging industries. For more information, please visit www.szcapital.com.cn About Value Partners Group LimitedValue Partners, one of Asia’s leading independent asset management firms, seeks to offer world-class investment services and products. Since its establishment in 1993, the Company has been a dedicated specialist value investor in Greater China and Asia. In November 2007, Value Partners Group Limited became the first asset management firm to be listed on the Main Board of the Hong Kong Stock Exchange (Stock code: 806 HK). In addition to its Hong Kong headquarters, the firm operates in Shanghai, Shenzhen, Kuala Lumpur, Singapore, and London. Value Partners' investment strategies cover equities, fixed income, multi-asset, alternatives, real estate, and quantitative investment solutions for institutional and individual clients in Asia Pacific, Europe, and the United States. Value Partners is one of the leaders in ESG investing in Greater China and is committed to developing its ESG capabilities further. For more information, please visit www.valuepartners-group.com
AIS has partnered with Qualcomm Technologies and ZTE to successfully complete the 5G mmWave SA (5G Standalone Architecture) technology trial at the AZ center in Bangkok The trial of 5G mmWave SA technology yielded remarkable results, with latency of under 4 milliseconds, impressive uplink speeds of 2.12Gbps under DSUUU frame structure, and incredible downlink speeds of 7.04Gbps under DDDSU frame structure BANGKOK, July 3, 2023 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, has partnered with AIS, Thailand's leading mobile operator, and Qualcomm Technologies, Inc. to successfully complete the trial of mmWave SA (5G Standalone Architecture) technology at the AZ center in Bangkok. This achievement not only positions Thailand as a leader in the ASEAN region regarding mmWave explorations, but also marks a significant step towards commercializing mmWave in the country, meeting the diverse requirements of consumers and industries. During the trial, 5G mmWave SA technology showcased unparalleled downlink speeds of 7.04Gbps under DDDSU frame structure, impressive uplink speeds of 2.12Gbps under DSUUU frame structure, and end-to-end latency of less than 4ms. These exceptional results were achieved using a single CPE prototype powered by Snapdragon® X65 5G Modem-RF System from Qualcomm Technologies, along with ZTE's latest mmWave AAU network infrastructure equipment. The high throughput and minimal data transmission delay offered by this cutting-edge technology enable users to experience immediate responses during critical applications such as online gaming, virtual reality, and autonomous vehicles. With seamless connectivity between users and their devices, this advancement opens up a world of possibilities for both businesses and consumers. In comparison to EN-DC or NR-DC, mmWave SA was implemented using four 200MHz carriers in the downlink and two 200MHz carriers in the uplink all operating solely at 26GHz. This approach significantly simplifies the network architecture and eliminates the need for "anchoring" cells in EN-DC or NR-DC, thereby avoiding additional CAPEX expenditure. The mmWave SA showcase is considered a catalyst for the rapid commercial advancement of 5G mmWave technology in Thailand. AIS, Qualcomm Technologies and ZTE are committed to accelerating and expanding the capabilities of 5G, improving efficiency, and pushing the boundaries of applications in personal, enterprise, and industrial settings. This commitment aims to enhance overall connectivity and productivity, opening up new possibilities for users and industries alike. Wasit Watansap, Head of Nationwide Operations and Support Business Unit AIS, stated, "In line with our goals and plans to elevate the quality of service towards becoming a Cognitive Tech-Co or a provider of intelligent telecommunications technology, we are working collaboratively with global partners such as ZTE and Qualcomm to enhance the potential of 5G, enabling it to accommodate customer behavior and support the growth of the digital economy, which relies on the robustness of digital technology infrastructure. Furthermore, the success achieved in the testing of mmWave SA technology, with latency below 4 milliseconds, uplink speed of 2.12 Gbps, and downlink speed of 7.04 Gbps, will empower the 5G network with capabilities and intelligence that will lead to various solutions, such as controlling machinery in factories and manufacturing, autonomous driving, remote surgeries, and even high-speed, reliable, low-latency, responsive, and real-time Mobile Cloud Gaming, benefiting businesses, industries, and the Thai people, without a doubt." "It is an honor to have been a continued partner of AIS and ZTE in achieving this significant milestone which serves as an integral step towards the full deployment of 5G mmWave in Thailand. We remain committed to advancing the development of 5G mmWave as this will further enable an intelligently connected world benefitting not only enterprises, but also everyday experiences of end users," said ST Liew Vice President, QUALCOMM CDMA Technologies Asia-Pacific Pte. Ltd. and President, Qualcomm Taiwan, South East Asia, Australia and New Zealand. "We're pleased to work with AIS and Qualcomm Technologies to achieve this milestone, which lays a technology validation foundation for 5G mmWave commercialization," said Mei Zhonghua, Senior Vice President of ZTE Corporation. "With broader 5G opportunities enabled by mmWave, we will join hands with partners to continuously drive mmWave development, create ultimate experiences, and usher in a wonderful 5G era." ABOUT AIS: Advanced Info Service Public Company Limited (AIS) is the 5G Digital Service Provider with the most spectra to provide service, totalling 1420MHz . The company has the most subscribers in Thailand, counting over 46 million in December 2022. AIS is ready to power Thailand with 5G technology which currently covers 77 provinces through 3 core businesses: mobile phones, high-speed home broadband through AIS Fibre, and Digital Services in 5 aspects of video, the Cloud, digital payments, the Internet of Things (IoT) and services provided jointly with partners. The company is also expanding into AIS eSports and AIS Insurance Service. All of this is to proceed with the vision of becoming a Cognitive Tech-Co, to support a robust digital infrastructure for the country, boost the industrial sector's competitive potential and upgrade quality of life for all Thais. Find us at www.ais.th ABOUT QUALCOMM: Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patented technologies are licensed by Qualcomm Incorporated. Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. ABOUT ZTE: ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global FOLLOW US: Facebook www.facebook.com/ZTECorpTwitter www.twitter.com/ZTEPressLinkedIn www.linkedin.com/company/zteYouTube www.youtube.com/@ZTECorporation MEDIA INQUIRIES: ZTE CorporationCommunicationsEmail: ZTE.press.release@zte.com.cn
- Live oysters from Tongyeong, Gyeongnam, Held a tasting and promotional event in Jakarta JAKARTA, Indonesia, July 3, 2023 /PRNewswire/ -- Live oysters from Tongyeong, Gyeongnam, which contribute 60 percent of the country's total oyster production, will be imported to Indonesia for the first time. MOU signing at the Toyong Oyster Event Gyeongsangnam-do Province, together with the Korea Oyster Culture Fisheries Cooperatives, aT (Korea Agro-Fisheries Trade Corp.) and Suhyup (Korea National Federation of Fisheries Cooperatives), organized the Gyeongsangnam-do's Excellent Fishery Products Overseas Market Pioneer Team, which visited Indonesia for 3 days and 5 nights from June 26 to hold oyster tasting events and export consultations. To promote the product to the general public, the Grand Hyatt Hotel Jakarta held a buy-one-get-one promotion for 10 days from June 23, and also operated a buffet with a Tongyeong oyster theme. On June 28, local buyers and distributors, chefs from famous hotels in Jakarta, and heads of related organizations, including the Embassy of the republic of Korea, were invited to present dishes made with oysters and flavored with sea cucumber and top shell. Hotel chefs at the event were impressed by the freshness and flavor of Tongyeong oysters, and Indonesian importers and distributors also showed high interest. Tjioe Nofia, an influencer specializing in food and cooking, was also invited and shared the flavors and aromas of Gyeongnam's seafood products in real time through her SNS. After the tasting event, an export consultation meeting was held with four Gyeongnam seafood producers and local distributors such as Lotte Mart, and a USD 1 million export intention business agreement was signed on site. In addition, 15 items from 10 companies, including canned smoked oysters, marine products, salted fish, seaweed, were exhibited around the venue, and the seasoned seaweed using pollock roe was the most popular. Mr. Markus Zuck, Executive Chef of Grand Hyatt Hotel Jakarta, made a surprise visit to the venue and said that he tried to capture Korean flavors while preparing the food for the event. In particular, he enjoyed the mild flavor of the Tongyeong oysters and the sweetness that lingered in his mouth after eating them. Meanwhile, Ji Hong-tae, president of the Korea Oyster Culture Fisheries Cooperatives, who participated in the event, said that Tongyeong oysters are characterized by their large eggs and rich, deep flavor, which grow by consuming plentiful plankton 24 hours a day on the southern coast, which has optimal conditions for oyster farming, and are safe oysters that are produced in clean seas recognized by the U.S. FDA and exported to the world. Gyeongnam's seafood products are achieving the largest export performance ever this year. In May, cumulative exports reached $114.8 million, with Japan, China, and the United States accounting for 80 percent of the total. Indonesia is the eighth largest export destination for Gyeongnam's seafood products, with a share of only 1.7%, and most of them are processed fishery products. Gyeongsangnam-do Province plans to promote various events through the Gyeongnam Office in Jakarta so that the export of excellent Gyeongnam seafood products to Indonesia can be further increased in quantity as well as diversification of products.
CHENGDU, China, July 3, 2023 /PRNewswire/ -- A news report by Global Times Photo: Courtesy of The 19th Western China International Fair The opening ceremony of the 19th Western China International Fair (WCIF) was held in Chengdu on June 29. The WCIF will last five days, with the theme of "New Era of China, New Opportunities for Western China." Chinese Vice Premier He Lifeng, also a member of the Political Bureau of the Central Committee of the Communist Party of China (CPC), delivered a speech and announced the opening. Huang Qiang, deputy secretary of the CPC Sichuan Provincial Committee and governor of Sichuan Province, presided over the opening ceremony. Senate speaker of Thailand – the guest country of honor at this year's WCIF – Pornpetch Wichitcholchai, and Nepalese Deputy Prime Minister and Minister for Home Affairs Narayan Kaji Shrestha delivered speeches along with other guests. Pornpetch said they are honored to participate as the guest country of honor. "We will showcase the development achievements and strengths in various fields at the Thai National Pavilion. The WCIF is an effective platform for many Chinese entrepreneurs and investors to understand Thailand's investment policies and opportunities. It will further promote economic and trade cooperation between Thailand and Sichuan Province, as well as with western China, making the long-term friendly relations between the two countries more stable and closer. We are willing to maintain close cooperation with western China on the platform of the WCIF and provide relevant support." The Sichuan Provincial Bureau of Economic Cooperation and the Sichuan International Expo Group will jointly perform the duties of the Secretariat of the Organizing Committee of this year's WCIF, and will be responsible for the organization and implementation of the event. A total of 50 events will be held during the WCIF, such as the 12th Western China Investment Promotion Fair & Contract Signing Ceremony of Economic Cooperation Projects, the 14th Western China International Sourcing Fair, and the 17th EU-China Business & Technology Cooperation Fair. Themed pavilions and professional exhibitions such as the "Belt and Road" International Cooperation Pavilion have been set up. The WCIF brings together important development achievements in the western regions and more than 500 domestic and foreign technological products and lifestyle products. More than 30 various investment promotion activities will be held, and a large number of major projects will be signed.
HONG KONG, July 3, 2023 /PRNewswire/ -- Alma, the world leader and innovator in providing energy-based medical and aesthetic solutions and a wholly-owned company by Sisram Medical (1696.HK), announced today that it has completed the acquisition of PhotonMed International Ltd ("PhotonMed"), the leading Chinese distributor of energy-based devices, and is establishing a direct operation in mainland China. According to the announcement released in March this year, Alma paid 270 million RMB (approximately $40 million USD) to secure a 60% stake in the business, establishing itself as the major shareholder in the new joint venture formed by the companies. Based on PhotonMed's projections, revenue is expected to reach 500 million RMB in the next year. Since 2003, when Alma first entered the Chinese market, PhotonMed has been an important long-term strategic partner of Alma, distributing Alma's flagship energy-based devices through the "Feidun" channel. This enduring strategic partnership has empowered Alma to expand its market presence and influence, establishing itself as a pioneer in the Chinese market for energy-based devices. PhontonMed has held a strong position and significant presence in mainland China for many years, including 14 offices all over China. The new subsidiary established in mainland China is the 10th direct branch of Alma, joining the company's presence across the globe and its direct operations in UK, UAE, India, US, Australia, Israel, South Korea, Hong Kong S.A.R and Germany. This acquisition represents a significant milestone in Sisram's direct sales expansion and consumer-centric strategy, aimed at enhancing its market positioning and strengthening brand recognition among consumers. By establishing a direct presence and transitioning from a distribution model, the company not only brings itself closer to its clients but also consolidates its leadership position within the industry. Mr. Lior Dayan, CEO of Alma and Sisram, said, "PhotonMed's strong market presence and direct sales channels will enable us to be closer to our valued Chinese customers and reinforce our brand recognition in the region." "The establishment of direct operation in the mainland China following the recent launch of our new subsidiaries in the UK and UAE, perfectly aligns with Alma's commitment to delivering innovative and customer-focused solutions that meet the evolving needs of our global customer base" he added. "We are happy to become part of the Sisram family and look forward to contributing to further strengthening Sisram's leadership position through our strong market presence and consumer education," stated Ms. Debbie Zhou, CEO of PhotonMed. She continued, "By leveraging the exchange of technological innovations within Alma and fostering synergistic interactions among Sisram's diverse business units, we will accelerate the synchronous deployment of Alma's latest technologies in China and enhance the responsiveness of our customer technical services. Besides, we remain committed to exploring and realizing our collective vision of establishing a comprehensive wellness ecosystem focused on meeting the increasing demand for light-based anti-aging medical aesthetic solutions." About Sisram Medical Ltd Sisram Medical Ltd (1696.HK) is a global consumer wellness group, featuring a first-of-its-kind synergistic ecosystem of business building blocks and consumer-focused branding, ranging from Energy Based Devices, injectables, aesthetics and digital dentistry, personal care and more. The company is majority-owned by Fosun Pharma, one of China's leading healthcare groups. On September 19, 2017, Sisram Medical went public, becoming the first Israeli company ever to trade on the Main Board of the Hong Kong Exchange. About Alma Alma is a world-leading innovator and provider in the aesthetic and surgical markets, offering holistic cutting-edge solutions such as Laser, Light-based RF, Plasma, and Ultrasound technologies. We enable practitioners to deliver safe, effective and life-transforming treatments to their patients, utilizing state-of-the-art and clinically proven solutions. For more than two decades, Alma's multiple award-winning products have established a new benchmark in the medical aesthetic industry, both in terms of clinical excellence and innovative breakthrough. For media inquiries, please contact Ever Bloom (HK) Communications Consultants Group Limited Orianna Ou / Yinmei He+852 3468 8171sisrammed.list@everbloom.com.cn For Investor Relations inquiries, please contact:MS-IR LLCMiri Segal917-607-8654msegal@ms-ir.com
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