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JINHUA, China, April 12, 2024 /PRNewswire/ -- From March 24 to April 2, a delegation from Jinhua City in east China's Zhejiang Province visited Tanzania, Rwanda and South Africa. Delegation from east China's Jinhua City visits Africa for closer trade, cultural ties. Traveling from central Zhejiang to the African continent, the delegation met old friends and made new ones, seeking consensus, cooperation and win-win development in a bid to writing a new chapter in the city's industrial cooperation and enhanced trade and people-to-people exchanges with Africa, according to The Information Office of Jinhua City. At the China-Tanzania Investment Forum & China (Jinhua)-Tanzania Trade and Investment Promotion Conference held on March 27, the Jinhua delegation and more than 260 representatives of local enterprises and institutions signed a number of cooperation agreements involving agricultural machinery, barter trade platform, one-stop procurement of hardware tools and other fields, with the contract value totaling 65 million U.S. dollars. In recent years, Jinhua has actively participated in the co-development of the Belt and Road Initiative with continuous and deep-level economic cooperation and trade exchanges with African countries. The city has established trade ties with all African countries and regions, and about 30,000 Jinhua businessmen have been doing business in Africa for many years. There are over 10,000 enterprises engaged in cross-border trade with Africa in the city. Last year, nearly 50,000 African merchants came to Jinhua for goods purchase. According to data from Jinhua's customs, from 2010 to 2023, the city's total exports to Africa increased from 5.84 billion yuan to 106.64 billion yuan, an 18-fold increase in 14 years. Last year, trade with Africa exceeded 100 billion yuan for the first time, reaching 116.85 billion yuan, accounting for 30.8 percent of Zhejiang's trade with Africa and ranking first in the field among prefecture-level cities in China. On March 28, the signing ceremony between Jinhua and Rwanda to deepen vocational education cooperation and the opening ceremony for international students was held in Musanze, Rwanda. Zhang Yanping, vice president of Jinhua Polytechnic, said that two professional teaching standards developed by the college and overseas partners have been incorporated into the Rwanda education qualification framework system. Jinhua Polytechnic has participated in several national and provincial overseas vocational education and training programs, nurturing a group of Rwandan natives who master Chinese and professional skills. On April 1, the Jinhua delegation visited the Cape Town Grand Theatre in South Africa, which is the sister theater of Zhejiang Wu Opera Art Research Institute. In July last year, when the two sides inked ties, they staged their respective representative performances, whose charm earned rounds of applauses. "As a hub for cooperation and exchanges between China and Africa, Jinhua has been carrying out exchanges and cooperation in culture, tourism and art, with fruitful achievements," said Xu Peng, a senior official with Zhejiang's culture and tourism bureau and vice chairman of the World Tourism Alliance. With the advancement and deepening of China-Africa cultural cooperation and exchanges, more and more cultural tourism products featuring Zhejiang cultural elements will integrate into China-Africa cultural exchanges, cooperation and mutual learning in the future, Xu said.
SHANGHAI, April 11, 2024 /PRNewswire/ -- SANY Group (SANY), a leading construction machinery manufacturer, signed multiple strategic cooperation agreements in March to accelerate the transition into the new Industry 4.0 era led by clean energy technologies. Going forward, SANY will deepen cooperation with Mitsui Sumitomo Group (China) and its Innovation Laboratory, as well as Panasonic Four-dimensional in the field of battery asset management and risk control for new energy-heavy trucks, jointly promoting the development of the battery circular economy. Additionally, through collaboration with Ambarella, SANY will focus on the intelligent development of the automotive market, accelerating the advancement of higher-level intelligent solutions and leading the new trend of machine-unmanned (AI) operation. The New Journey of SANY Driving the Development of New Energy-Heavy Trucks for a Green and Efficient Future The shift toward electric heavy-duty trucks is accelerating worldwide, including in China, as part of the broader movement toward low-emission transportation solutions. Nevertheless, as these vehicles become more prevalent in the market, potential adopters are expressing reservations. These concerns largely stem from a lack of thorough analysis regarding the total cost of ownership, uncertainty about the long-term asset value, and the absence of holistic risk management services within the sector. To address this issue, SANY Heavy Truck, Mitsui Sumitomo Marine (China), Sumitomo Mitsui Offshore Group Innovation Laboratory in China, Panasonic four-dimensional have formed a highly coordinated and compatible strategic alliance. They will leverage their respective professional advantages, explore innovative solutions, and deepen and broaden their future cooperation. As part of this collaboration, SANY Heavy Truck and Panasonic Four-dimensional will engage in in-depth discussions and cooperation to establish and maximize the value of a battery asset management system covering the entire lifecycle of electric heavy trucks. Building on this partnership, Mitsui Sumitomo Marine (China) will actively explore risk prevention measures and develop new insurance services tailored to the field of electric heavy trucks, providing robust protection for their widespread adoption and application. This trilateral cooperation is a strong alliance driving the healthy and stable development of a new energy-heavy truck industry, creating a green and efficient future, and contributing to the goal of a decarbonized society. Accelerating Industrial Intelligence Transformation: Pioneering the New Wave of AI Control SANY and Ambarella, an edge AI semiconductor company, (NASDAQ: AMBA), have formed a strategic partnership. The collaboration aims to focus on advanced mobility solutions for the global market. SANY agreed to leverage Ambarella's advanced CV3-AD family of automotive AI domain controller systems-on-chip (SoCs). The collaboration aims to develop cutting-edge automated driving solutions, conduct technical validation, and deploy them on SANY's upcoming commercial and special-purpose vehicles. Moreover, the two companies will collaborate on the joint development of high-performance and highly integrated automated driving solutions, with a shared objective of introducing the first collaborative vehicle model into production by 2025. Fermi Wang, Chairman, CEO, Director, and President of Ambarella, highlighted the alignment between Ambarella and SANY in digitalization and decarbonization. He emphasized Ambarella's AI SoC's industry-leading features such as low power consumption, high performance, and excellent image processing capabilities. Wang mentioned the success of Ambarella's CV2 series and the advanced capabilities of the 5nm CV3 series in supporting intelligent driving functions without high-definition maps. SANY is committed to being at the forefront of technological leadership and quality superiority, propelling innovation within the industry. By forging strategic alliances, SANY positions itself in harmony with worldwide shifts toward decarbonization and digital transformation, providing solutions that are both environmentally sustainable and operationally efficient. As a result, SANY is spearheading the new era of clean energy technology within its industry.
Safeguarding the digital transformation of SMEs across various industries HONG KONG, April 11, 2024 /PRNewswire/ -- HGC Global Communications Limited ("HGC" or "the Group"), a fully- fledged ICT service provider and network operator with extensive global coverage, is pleased to announce that Secured Broadband has successfully defended against over 472,000 different types of cyber attacks in the second half of 2023. This solution safeguards businesses from cyber risks such as ransomware, data breaches, and business disruptions, empowering digital transformation and business expansion for small and medium-sized enterprises (SMEs). Emerging technologies such as artificial intelligence (AI), can bring additional benefits to businesses. However, with the development of these technologies, cyber attacks come one after one, and cyber threats have become more complicated. According to data from HGC's Cybersecurity team, Security Broadband successfully blocked 472,000+ different types of cyber attacks in the second half of 2023, including ransomware, botnets, and phishing attempts. Cyber attacks come in various forms, with nearly 80% of them originating from spoofed emails or phishing websites, highlighting the significant challenges that cyber attacks pose to the daily operations of businesses. Secured Broadband has been well-received significant acclaim and recognition from numerous SME clients across various industries, including healthcare, engineering, retail, manufacturing, and food and beverage. Moreover, over half of the users who participated in the three-month trial decided to subscribe Secured Broadband service. Some customers even opted to purchase add-on features, such as the sandbox, which isolates suspicious files in a separate environment to prevent system and network infections by cyber viruses. This feature further enhances the resilience of SMEs in the face of increasingly sophisticated and complex cyber attacks. Additionally, the solution offers URL filtering and regular cybersecurity reports, enabling SMEs to gain in-depth understanding of their network system and effectively manage them. Secured Broadband is the first solution introduced to the market by HGC and Check Point® Software Technologies Ltd.. These Service solutions combine high-speed fibre broadband with top-notch Cybersecurity solutions. Unlike traditional Cybersecurity hardware and software such as firewalls and antivirus programs, Secured Broadband is tailored to the needs of SMEs, providing seamless broadband service and comprehensive cyber protection. It adopts an affordable fixed monthly subscription, aiming to support and address limitations faced by SMEs such as limited resources and capabilities, and skill gaps. This allows SMEs to effortlessly enjoy enterprise-grade Cybersecurity experiences and embark on their digital transformation journey carelessly. Ms. Cody Tang, Lee Lei Machinery & Engineering, said, "HGC Secured Broadband is an excellent choice for businesses that face challenges due to insufficient and outdated cybersecurity equipment, as well as limited resources and a lack of IT expertise. It offers an all-in-one ICT solution that is user-friendly and making installation and management a breeze. Even colleagues without an IT background can confidently handle and utilize the service. Furthermore, the cost-effective nature of the solution, with monthly subscription charges, ensures that our financial burden is significantly reduced. This allows us to address our concerns about cyber attacks without worrying about the associated costs and complexities. With HGC Secured Broadband, we can focus on our core operations and enjoy peace of mind regarding their cybersecurity." Ms. Ling Ho, iGarment, said, "HGC Security Broadband can filter problematic websites, alleviating companies' concerns regarding employees accidentally accessing phishing websites or downloading potentially harmful programs during their business operations. This significantly enhances our network security." Alex Chan, Vice President, Enterprise Market, HGC Global Communications, said, "Our HGC team acknowledges the paramount importance of cybersecurity to our SME clients. The significant number of successfully defended cyber attacks by Security Broadband within a span of just six months reflects the critical role of cybersecurity solutions for them. Looking ahead, cyber attacks are expected to continue increasing, with a potential for wider impact. According to Cybersecurity Ventures' Cybercrime Report[1], global losses due to cybercrime are projected to reach USD 10.5 trillion annually by 2025. This undoubtedly poses a major challenge for businesses. We are committed to providing suitable and cost-effective ICT solutions to meet the needs of SMEs. Our goal is to safeguard them on their digital transformation journey, and assisting them in navigate through rapidly evolving security threats. We offer comprehensive support, enabling SMEs to focus on their business development." 1Cybersecurity Ventures - Cybercrime To Cost The World $10.5 Trillion Annually By 2025. (https://www.esentire.com/resources/library/2023-official-cybercrime-report) About HGC Global Communications Limited HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 19 overseas offices and staff presence in 31 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. HGC is one of Hong Kong's largest Wi-Fi service providers, running over 29,000 Wi-Fi hotspots in Hong Kong. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group's digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and selected fast-growing economies. To learn more, please visit HGC's website at: www.hgc.com.hk
BEIJING, April 10, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully completed the drilling of China's deepest geothermal exploration well, the Fushen-1 Well in Hainan with a well depth of 5,200 meters. The milestone has revealed the mechanism of deep geothermal formation and enrichment in South China, the new breakthrough in the exploration of hot dry rock in terms of demographic region and depth is of great significance to enhance the large-scale development and utilization of geothermal resources in South China and aid the energy structure adjustment. Sinopec Completes Drilling of China’s Deepest Geothermal Exploration Well of 5,200 Meters. The drilling goal of Fushen-1 Well is granite dated 250 million years ago. Since the exploration was launched in August 2023, Sinopec has adopted multiple independently developed innovative technologies, including the combination of dual-drive drilling and high-pression injection, to reach the temperature limit of hot dry rock stipulated by the national energy industry standards, while forming the key technologies of detection and evaluation of deep geothermal resources. Next, Sinopec will carry out extensive research and field tests at Fushen-1 Well to establish the first platform integrating research, education, and experimentation of deep geothermal in South China, and explore to formulate theoretical methods and technical systems applicable to the region and help China to achieve the "Dual-Carbon" goal. The development and application of deep geothermal has promising prospects, as a stable, reliable, green, and low-carbon renewable energy resource, it has the advantages of large reserves, wide distribution, and is environmentally friendly. According to the China's geological surveys, the hot dry rock geothermal resources within the range of 3 kilometers to 10,000 meters underground in China's land area are equivalent to 856 trillion tons of standard coal, and if only 2 percent of them are extracted, they can reach 2,993 times the annual energy consumption of China in 2023. Sinopec is committed to become China's leading enterprise in the development and utilization of geothermal energy. It has an accumulated geothermal heating capacity of nearly 100 million square meters with several multi-million-square-meter regional geothermal heating projects already built and in operation. Sinopec has tackled a series of core technologies to achieve high-efficiency exploration, and has taken the lead to produce over 50 percent of industry standards as well as China's first international geothermal association standard. In 2023, Sinopec also hosted the 7th World Geothermal Congress (WGC2023) in Beijing.
NEW YORK, April 10, 2024 /PRNewswire/ -- "Monport Easter Spectacular" sale is coming to an end soon, offering incredible deals on CO2 and fiber laser engraving machines! But there's still time to snag some Easter deals, these egg-cellent savings end at 01:30 UST on April 10th, 2024. Don't miss out on the chance to treat yourself or your loved ones with our special offers. Spring into Savings with Powerful Laser Technology This Easter, ditch the ordinary and hatch some extraordinary creations with Monport's laser engraving machines. From March 27th to April 10th, elevate your projects to new heights with savings of up to $4200 on Monport laser engraving machines. Whether you're a seasoned business owner or a passionate hobbyist, Monport's Easter sale is the perfect opportunity to unlock the power and precision of laser engraving technology. With these top-of-the-line laser engraving machines, you can take your creativity and productivity to the next level. Tiered Savings for Every Budget Monport is making laser engraving accessible to everyone with exciting tiered Easter discounts: Spend $3,000 and receive $200 off Spend $5,000 and receive $500 off Spend $7,000 and receive a whopping $800 discount Free Accessories to Sweeten the Deal Monport's Easter sale doesn't stop at incredible discounts! To make the offer even sweeter, they're throwing in free accessories with every CO2 and fiber laser engraving machine purchase: CO2 Laser Engraving Machines (55-100 watt): Get LightBurn design software (valued at $119.99) absolutely free! Fiber Laser Engraving Machines: Receive a complimentary rotary axis (valued at $289.99), perfect for engraving cylindrical objects. Don't Let This Egg-cellent Opportunity Hatch Away! Hurry, these Easter offers won't last forever! This is your chance to jumpstart your laser engraving journey with unbeatable savings and complimentary free accessories. Visit the Monport website today to explore their extensive selection of CO2 and fiber laser engraving machines and take advantage of these egg-cellent deals before they disappear! Don't let these savings hop away! About Monport Monport is a leading innovator in the laser engraving industry. It is dedicated to providing high-quality, user-friendly laser engraving machines at competitive prices. With a commitment to excellent customer service and ongoing product development, Monport empowers creators and entrepreneurs to bring their visions to life. Contact: Company: MonportLaserEmail: support@monportlaser.comWebsite: https://www.monportlaser.com/
BWI and thyssenkrupp will forge a long-term partnership to develop cutting-edge X-by-Wire chassis technology. The jointly developed Electro-Mechanical-Brake (EMB) systems will enable Level-3 and above autonomous driving capabilities. Start of production and global sales for the new EMB system are slated for 2026. Dynamic testing of third-generation EMB prototypes has garnered significant interest from several automakers. BUDAPEST, Hungary, April 9, 2024 /PRNewswire/ -- BWI Group, a world-leading tier-1 intelligent automotive chassis supplier, and thyssenkrupp Steering, a global tier-1 automotive partner for steering solutions signed a contract for the development and manufacture of a pioneering Electro-Mechanical Brake (EMB) technology. This collaboration aims to further advance Level 3 and above autonomous driving brake capabilities. The long-term cooperation will pave the way for further chassis-by-wire collaboration. The technical synergies will drive the future of X-by-wire chassis systems and enable the transformation from assisted to autonomous driving by enhancing safety, comfort and efficiency. George Chang, CEO of BWI Group, and Patrick Vith, CEO of thyssenkrupp Steering, formalized the agreement in Budapest, Hungary, on April 9. Executives from both companies were present at the signing ceremony. April 9, 2024, George Chang (Front Left), CEO of BWI Group, and Patrick Vith (Front Right), CEO of thyssenkrupp Steering, formalize the agreement in Budapest, Hungary. Executives from both companies present at the signing ceremony. "We at BWI are excited about the future of chassis-by-wire," said George Chang, CEO of BWI Group. "We are pleased to be collaborating with thyssenkrupp Steering on this truly innovative technology, leveraging our expertise in braking systems since 1934 and our century-long heritage of chassis technology innovation to drive progress within the industry." "Together, we want to contribute to the next generation of chassis systems and set standards for safety, performance, and sustainability" said Patrick Vith, CEO of thyssenkrupp Steering. "Our many years of experience as a major supplier in the steering sector will stand us in good stead." Under the agreement, BWI Group and thyssenkrupp Steering will leverage their strengths and expertise in safety-critical systems and software to bolster their collaboration. Both companies will accelerate the joint development of EMB systems as one important element of future vehicle motion control (VMC) solutions. BWI Group brings more than a century of history and real-world R&D and production experience to the development of the new EMB product, including expertise in brakes and suspension systems. It serves more than 50 customers worldwide. The company also leverages its prior experience with EMB systems as Delphi in the 2000s. thyssenkrupp Steering has been developing steer-by-wire technology for many years. The company contributes deep knowledge of new electrical/electronic (E/E) architectures and software, as well as its competence in electro-mechanical braking systems derived from steering technology. BWI and thyssenkrupp forge a long-term partnership to accelerate the joint development of EMB systems. Dr. Karsten Kroos, CEO of thyssenkrupp Automotive Technology said "Through partnerships like this one, we aim to develop competitive components for modern chassis systems serving the global automotive industry in an agile, innovative, and capital-efficient manner. Our focus is on synergies in technology and costs." Doug Carson, CTO of BWI Group said: "We have strong expectations in forging this strategic partnership with thyssenkrupp. Together, our brake-by-wire expertise will drive chassis technology breakthroughs that meet global standards and promote EMB adoption in Europe, North America, and Asia." EMB R&D will occur at BWI Group's global R&D Centers located in Italy, Poland, U.S. and China, along with its Shanghai Software Center; thyssenkrupp's technical centers in Hungary and Liechtenstein will also perform significant roles. Pioneering full-dry EMB technology The jointly developed EMB system is a premier offering that complements both companies' controlled chassis portfolios. The two companies are now developing the third generation of EMB, a revolutionary technology that fulfills the need for simplified vehicle assembly while providing braking redundancy for Level 3 and above autonomous driving technologies. The jointly developed full-dry EMB system is a premier offering Featuring a dual-motor design. Featuring a dual-motor design, efficient packaging, and novel redundancy, the newly developed EMB caliper ensures safety and reliability. Its reaction speed for time to wheel lock (TTL) is nearly twice as fast than modern one box wet brake systems. Additionally, it enables complete braking energy recovery and fully meets the electric and intelligent needs of braking systems for smart vehicles. EMB is a visionary brake technology that eliminates the need for brake fluid while offering precise control with zero drag. It will become the definitive solution for future brake-by-wire technology, replacing current hydraulic calipers, and the accompanying One-Box and Two-Box brake actuation/modulation systems. Globalized production anticipated in 2026 Looking ahead, the project plans to establish state-of-the-art automated production lines by 2025. Production and product delivery are expected to begin in 2026. BWI Group's advanced automated production facilities worldwide will coordinate and expedite the mass production of EMB systems, ensuring this groundbreaking technology is available to a wide array of automakers worldwide. Leveraging BWI Group's nine manufacturing facilities and multiple proving grounds spread across key automotive centers in Asia, Europe, and North America, this cooperation regarding EMB systems, ensures efficient production and widespread distribution. Because the products are designed for worldwide markets, they will be manufactured to high standards to fulfill the variety of local demands and requirements. Strong market growth ahead EMB technology is becoming the focus of key automotive manufacturers, and it represents game-changing evolution for automotive chassis systems and the future demands of propulsion drive systems, electrification, performance, and sustainability. The jointly developed EMB caliper system underwent dynamic tests in Sweden, U.S. and China. Enthusiastic feedback and interests well as cooperation intentions were secured with major automakers in the three continents. An industrial forecast projects that EMB calipers will contribute 13% of the total global braking market by 2035.
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