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Delivers Solid Revenue Growth of 18.0%, Steadily Advancing "AI + FMCG" Strategy Achieved revenue growth of 18.0% to RMB 530.0 million (same below) in the first half of 2023 The Average Revenue Per User (ARPU) of total core customers reached RMB 1.8 million; Net Revenue Retention (NDR) for core customers improved to 121.4% SaaS customers continued to increase year by year, with a growth of 27.5% to 1,551, an increase of 335 compared to the same period last year Attained the highest-level certification in the global software field - CMMI Level 5 Certification Introduced the inaugural AIGC product "Intelligent FMCG Assistant". The "AI + FMCG" strategy is steadily advancing, driving a 50.0% year-on-year growth in Sales Cloud contract order value and achieving 13.8% revenue growth The core product ICC (Integrated Communications Center) of the Marketing Cloud has achieved full domestic adaptation, resulting in a 61.9% revenue growth and propelling an 18.0% increase in the overall revenue of the Marketing Cloud We have achieved business cooperation with a number of leading FMCG enterprises, such as Uni-president Enterprises(China)Investment Co.,Ltd. , Sichuan New Hope Dairy Co.,Ltd. and Nanjing Pepsi-Cola Beverage Co., Ltd., GUANGZHOU, China, Aug. 30, 2023 /PRNewswire/ -- China's leading domestic intelligent CRM service provider, Xuan Wu Cloud Technology Holdings Limited ("Xuan Wu Cloud" or the "Company," stock code: 2392.HK), announced its interim results for the six months ended 30 June 2023 on August 29th. During the reporting period, the company achieved not only a solid year-on-year revenue growth of nearly 20.0%, but also expanded its presence in technology fields like AIGC, which will pave the way for future breakthroughs in its performance. Data reveals that Xuan Wu Cloud recorded a revenue of RMB 530.0 million in the first half of the year, marking a 18.0% year-on-year growth. Notably, the revenue contribution from the high-margin SaaS segment accounted for 49.4%, generating RMB 261.6 million in revenue with a 17.9% year-on-year growth, demonstrating a steady upward trajectory. Concurrently, the number of Xuan Wu Cloud's SaaS customers also exhibited rapid growth. During the Reporting Period, the number of Company's CRM SaaS customers base grew 27.5% to 1,551，representing an increase of 335 compared to the same period last year. Meanwhile, the Company's Average Revenue Per User (ARPU) contributed by core clients increased by 28.2%, reaching RMB 1.8 million, and the core clients' net dollar retention rate improved to 121.4%. Regarding the Company's performance in the first half of the year, Mr. CHEN YongHui, Chairman of the Board of Directors of Xuan Wu Cloud, said in the report that，"As a leading intelligent CRM services provider, we always maintain the innovation vitality as a technology enterprise, and continue to dive deep into the track of facilitating enterprises to realise high-quality digital intelligent transformation. During the Reporting Period, we focused on our technology research and development ("R&D") investments on Artificial Intelligence ("AI") and Data Intelligence ("DI") ability, 5G message application and AI Internet of Things ("AIoT"), and empowered our" Three Clouds" (Marketing Cloud, Sales Cloud and Service Cloud) products to help our customers in their consumer business scenarios, and explored diversified application scenarios of AI Generated Content ("AIGC") in the FMCG industry. As our focus on SaaS pays off and our "AI + FMCG" second growth curve strategy continues to advance, we anticipate the company will turn losses into profits in the year of 2024." Advancing Steadily with the "AI+FMCG" Strategy and Establishing AIGC Product Applications In the current landscape, the digital economy has emerged as one of the key battlegrounds in the domestic economic market. Despite the realm of China's consumer goods sector has the immense potential of a market of RMB 44 trillion, businesses throughout the industry are contending with a range of challenges, such as low levels of digitalization and the intricate nature of lengthy marketing chains. These factors underscore the pressing need for a swift transition towards digital intelligent transformation. In response to the current market landscape, Xuan Wu Cloud，while focusing on SaaS , particularly positions its Sales Cloud, aligned with the "AI+ FMCG" strategy, as the company's second growth curve. Mr. CHEN YongHui stated, "For over a decade, FMCG have been a vital sector we have deeply cultivated. Building on this foundation, we have accumulated substantial industry expertise in the FMCG field. Presently, we are merging our practical experience with our self-developed AI technology to drive our intelligent CRM products and services. This synergy empowers our customers with stronger momentum for digital intelligent transformation and upgrade, ultimately capturing more market share." Data reveals that the Sales Cloud achieved a revenue growth of 13.8% in the first half of the year. At the same time, its overall contract order value saw a 50.0% year-on-year increase, thereby establishing a robust foundation for revenue growth in the latter half of 2023. Behind the steady revenue enhancement lies the driving force of Xuan Wu Cloud's technological innovation. According to the announcement, the Xuan Wu Cloud AI Lab, established as early as 2016, continues to exhibit strong research and development capabilities. During the Reporting Period, we have upgraded the R&D of multi-model infused video stitching technology, on-device AI model, and high precision price tag recognition technology, and the coverage rate of on-device model and the overall recognition rate of price tags can reach over 92.0%, which maintains leading position in FMCG vertical field, ensuring that the Sales Cloud products and solutions maintain a competitive edge in the market. Taking the core product "Smart 100" under the Sales Cloud as an example, during the reporting period, Xuan Wu Cloud approached from the perspective of how customers can transform existing resources into incremental growth. The "Smart 100" was newly upgraded, starting with "Smart Store Expansion" and "Smart Direct Control," driving enterprises to efficiently expand high-value terminals, enhancing coverage of high-potential terminals, and establishing a high-quality brand terminal operation system. This truly embodies the role of digital intelligent transformation in boosting brand merchant marketing growth. The driving force behind the continuous upgrading and iteration of products like"Smart 100" stems from the accumulated AI technology of Xuan Wu Cloud. As a pioneer among domestic CRM providers with a comprehensive self-developed AI technology stack, Xuan Wu Cloud not only empowers CRM products with AI but also strategically expanded into the AIGC technology application field in the first half of the year. We have recently launched"Intelligent FMCG Assistant", the first AIGC product of Xuan Wu Cloud, aiming to use the five AIGC generative functions to provide FMCG sales personnel with intelligent assistance and suggestions for the whole workflow, and at the same time, assisting FMCG enterprises in enhancing the manpower efficiency of FMCG sales personnel, reducing the waste of costs, improving the quality of terminal shop display. Mr. CHEN YongHui Said: "The Intelligent FMCG Assistant , which infused with AIGC technological innovation, will help FMCG enterprises to manage the all-chain business in a closed loop and create a brand new example of intelligent FMCG industry." Meanwhile, our AIoT intelligent fridge and solutions also made a push in the first half of the year.During the Reporting Period, we have achieved business cooperation with a number of leading FMCG enterprises, such as Uni-president Enterprises(China)Investment Co.,Ltd. , Sichuan New Hope Dairy Co.,Ltd. and Nanjing Pepsi-Cola Beverage Co., Ltd., which in turn constitute a new engine for our business development in the FMCG field. In addition to advancements in products and technology, Xuan Wu Cloud established the Industry Research Institute last year, actively driving the digital intelligent transformation and innovative models in the FMCG industry, and is dedicated to establish this institute to become an influential research hub for the sector. During the reporting period, Xuan Wu Cloud Industry Research Institute published "Xuan Wu Cloud's White Paper on Omni-Channel Marketing and Digital Solutions in the Beverage Industry", providing comprehensive support for clients' digital intelligent transformations. Mr. CHEN YongHui expressed, "With the advent of the new era of consumption, [omni-channel + digital intelligent transformation] represents the developmental trend and shared challenge facing China's FMCG enterprises. Our business empowerment through the expansion of AIGC technology applications, upgrades to core products, and the strengthening of the Industry Research Institute's intellectual resources, along with leading management reforms, enables us to create a"combination of market-winning punches". Based on this, while creating greater value for our clients, we are also enhancing our industry competitiveness, enabling business standardization, improving win rates, and fostering new momentum for an intelligent FMCG industry." Benefiting from the surge of information technology application innovation(ITAI), revenue from our core intelligent financial products has grown by over 60% While steadily advancing along the second growth curve of "AI+FMCG," Xuan Wu Cloud is also delving deeper into the realms of intelligent finance and public utility entities and government organisations (Government-related) sectors with its Marketing Cloud and Service Cloud. In the first half of the year, amid the substitution trend of information technology application innovation and localization, the company showcased commendable performance in the market. Data reveals that during the reporting period, its Marketing Cloud achieved a year-on-year revenue growth of 18.0%, while its Service Cloud witnessed a 26.6% increase compared to the previous year. Aligned with the growth factors of the Sales Cloud, the revenue expansion of Xuan Wu Cloud's Marketing and Service Clouds also result from the intersection of technological innovation and insights into customer business needs. This continuous enhancement has augmented the market competitiveness of its products, earning the recognition of their clienteles. In the realm of Marketing Cloud, the company is consistently enhancing its core product - the Integrated Communication Center (ICC) - through information technology application innovation and localization. Throughout the reporting period, ICC achieved full compatibility with operating systems, databases, middleware, cloud services, and other critical components, collaborating with major domestic manufacturers. Additionally, numerous customers have successfully undergone the upgrades in information technology application innovation. Concurrently, Xuan Wu Cloud has been deepening its collaboration with prominent players like Huawei Cloud, earning the "Outstanding Ecological Partner" award from Huawei Cloud during the reporting period. In the meantime, we responded proactively to customers 'demands. The Rich Media message business module launched by ICC significantly enriched the forms of messaging, which pushed our overall contract winning rate to 74.0%. In addition, we adopting a product portfolio strategy of stacking multiple standardised messaging plug-ins, value-added business plug-ins and all-chain domestic substitution on a single base platform. The above initiatives have been effective in increasing ICC's multi-phase project tie-ups with existing customers, resulting in a rapid revenue growth of 61.9% during the Reporting Period. During the Reporting Period, we have upgraded Service Cloud to a new generation in regards of contact centre, intelligent quality control, intelligent voice robot and other intelligent product matrix, while also actively explored the integration and innovation of the Company's Service Cloud products and AIGC. With the support of this innovative power, we reached a million level co-operation with a world's top 500 cosmetics group in the first half of 2023, and further achieved a breakthrough with banking and consumer finance customers in the financial sub-sector. According to data from renowned consulting platform iResearch, the scale of China's information technology application innovation industry reached RMB 1.4 trillion in 2021, with a projected growth to RMB 3.7 trillion by 2027. This forecast indicates that Xuan Wu Cloud's SaaS product series—Marketing Cloud and Service Cloud—stand to benefit from the dividends of information technology application innovation and localization, poised for a new phase of rapid development. Mr. CHEN YongHui remarked, "Since our inception, we have remained steadfast in our commitment to independent research and development of technology, amassing a wealth of technical accomplishments and successful experiences. In the current trend of information technology application innovation and localization within the SaaS industry, our deep-rooted strengths in sectors such as finance and Government-related will be further highlighted. In the domains of Marketing Cloud and Service Cloud, we are poised to amplify our product competitiveness through innovative research and development, empowering the intelligent transformation of industries like finance." Notably, Xuan Wu Cloud has recently achieved the highest-level global certification in the software field - CMMI Level 5 Certification. This reaffirms Xuan Wu Cloud's position at the forefront of international standards in software development management systems, implementation and delivery services, project management capabilities, etc. Simultaneously, it signifies the company's elevation to a new level of technological innovation strength and product competitiveness, laying a solid foundation for accelerating future business expansion. Continuing the Deepening of the "AI + FMCG" Strategy, Expect to Turn Losses into Profits by FY2024 During the 14th Five-Year Plan period, the digital economy has ascended to a national strategic priority with expansive developmental prospects. According to the Digital China Development Report released by the Cyberspace Administration of China, the scale of China's digital economy reached RMB 50.2 trillion in 2022, securing its position as the world's second-largest. In 2023, China's digital economy is poised to embark on a new decade of simultaneous quantitative and qualitative growth. As projected by the China Academy of Information and Communications Technology (CAICT), it is estimated that by 2025, the scale of China's digital economy will surpass RMB 60 trillion, and by 2032, it will exceed RMB 100 trillion. Returning to the business market level，In the digital economy，AI technology, as an important infrastructure as well as an empowering engine in the era of digital economy, will act as a core driving force for the transformation and upgrading of various industries and the development of digital economy in the PRC in the long term. According to data from the China Academy of Information and Communications Technology (CAICT), the scale of core AI industry in the PRC reached RMB508 billion in 2022, an increase of 18.0% year-on-year, and the number of AI patent applications accounted for 53.4% of the global amount. Amid this backdrop, Xuan Wu Cloud, dedicated to providing high-quality digital intelligent transformation, is poised to seize an extended period of development opportunities through its stronghold in intelligent CRM. Looking ahead to the second half of the year, for industries such as finance, in which the company has long been deeply engaged, Mr. CHEN YongHui said，"We will strive to make breakthrough in ICC product matrix, and create a multi-phase project cycle through business optimisation and overlaying of standard products, to help our banking clients automise the management process of their marketing campaigns, and promote the modernisation, digitalisation and social-mediatisation of the communications between their end-users." As for the company's second growth curve - "AI + FMCG", Mr. CHEN YongHui said, "We will continue to commit to the business and technology dual-wheel drive in the second half of the year, and steadily promote the "AI + FMCG" strategy. We will keep focusing on the following key areas: Firstly, vertically committing to major industrial clients, with business+technology as driven forces, assisting the brands to achieve all-chain digital intelligent transformation; Secondly, keep focusing on AI+FMCG and implementing more application scenarios of AIGC, and exploring a large-scale multi-modal FMCG model; Thirdly, building diversified product matrix of FMCG chain by promoting standardised products to mid-tier clients, and leading industry business and management model innovation; And expanding overseas market and deepening the strategic cooperation with Huawei Cloud and other parties to build the industrial collaboration ecosystem together. We anticipate to realise a steady and continuous growth in the revenue scale and gross profit margin by the aforesaid initiatives. As of the disclosure date of this announcement, Xuan Wu Cloud has steadily embarked on its development roadmap for the latter half of the year. Firstly, in recent times, it has launched the standardized product of DI (Data Intelligence) Store Expansion System, which aids FMCG brand manufacturers in expanding into high-potential markets. Currently, this product boasts an actual recommendation rate for terminals exceeding 92%, positioning it at the forefront of the industry. Secondly, a strategic partnership has recently been established with TI Cloud, leveraging each other's resource advantages, particularly in AIGC technology research and development. This collaboration is geared towards jointly offering more comprehensive and superior digital intelligent transformation solutions to more corporate clients. "We hope that through the initiatives mentioned above, we can further support the company in achieving stable and sustained growth in revenue scale and gross profit margin. As these measures continue to deepen, we anticipate the company will turn losses into profits in the year 2024," Mr. CHEN YongHui candidly stated. Financial Results Six months ended 30 June 2023 RMB'000 2022 RMB'000 Change % Revenue 529,963 448,992 18.0 Gross profit 100,611 109,562 (8.2) Operating (loss)/profit (19,612) (4,181) N/A (Loss)/profit before income tax (20,715) (5,704) N/A (Loss)/profit and total comprehensive (loss)/income (20,155) (3,410) N/A Six months ended 30 June 2023 2022 Change RMB'000 RMB'000 % Revenue（By Service Segment） CRM PaaS 268,397 227,088 18.2 CRM SaaS 261,566 221,904 17.9 Total Group 529,963 448,992 18.0 About Xuan Wu Cloud: Xuan Wu Cloud Technology Holdings Limited, the largest local intelligent CRM service provider in China(stock code 2392.HK), which was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 8 July, 2022. The company's domestic operating entity is Xuan Wu Technology, which has established a marketing service system covering 34 provinces and cities across China. Xuan Wu Cloud has aPaaS, cPaaS, AI, and DI platform as technical base, with Marketing Cloud, Sales Cloud, Service Cloud as core SaaS product applications, aiming to provide customers with multi-touch, all-channel, entire business cycle management of intelligent CRM products and services.
Deepening commitment to Indonesia through top-tier, secure cross-border payment solutions JAKARTA, Indonesia, Aug. 30, 2023 /PRNewswire/ -- The Indonesia SME Summit & Expo 2023 (ISSE 2023), happening now between August 29-31 at the Indonesia Convention Exhibition (ICE) convenes giants like TikTok, Shopee, and Lazada. Alongside them, key players in FinTech, logistics and SaaS, will delve into emerging trends shaping Indonesia's digital economy. LianLian DigiTech's Indonesian team participated in the event as a top cross-border trade facilitator for numerous Indonesian e-commerce platforms. During the event, LianLian Global will share its unique products and cutting-edge solutions tailored to bolster Chinese companies as they expand globally as well as to serve the local Indonesian merchants in their digital evolution. Indonesia's GDP has consistently grown by 5% over the past decade, cementing its status as one of the world's fastest-growing major economies. The nation has become an investment destination of choice for cross-border merchants, international trade businesses, and FinTech ventures seeking opportunities in Southeast Asia. Given its importance, LianLian Global has recently increased its presence in Indonesia. The team has established an office and assembled a strong local team to serve and understand the local better. At the same time, LianLian secured the local license to operate as a payment service provider. With such capabilities, the Company can more effectively offer both domestic transfers and cross-border remittance/payment services to merchants and consumers locally. This promises a more secure, faster and more convenient payment experience for users in Indonesia and the broader Southeast Asian region. Also, with the continued roll out of the Regional Comprehensive Economic Partnership (RCEP), the Indonesian market is demonstrating its vast growth potential and strategic significance to the region. LianLian's ongoing investments in the region underline the Company's commitment to sustained growth in Southeast Asia and its broader global expansion strategy. As global economies become more intertwined, LianLian aims to fast-track its worldwide market expansion. LianLian's tailored, localized solutions continually seek to empower businesses branching out internationally to capitalize on opportunities and navigate the intensifying competition in global markets.
Blending virtual and physical worlds, the free game, played in the real world over WhatsApp, helps players explore hidden gems in Singapore's iconic neighbourhoods. SINGAPORE, Aug. 30, 2023 /PRNewswire/ -- Hidden Singapore, an award-winning gaming startup on a mission to uncover the city's hidden stories, has partnered with the SG Mobility Gallery to launch an interactive outdoor adventure game that offers a unique blend of discovery, history, and fun. Combining the physical and virtual worlds, "Tiong Bahru & Redhill: The Paths that Shape Us" lets players explore and discover the two iconic neighbourhoods with digital clues delivered to their phones. Starting from August 30, participants can go on an interactive puzzle trail around Tiong Bahru and Redhill, following clues over WhatsApp and led by Ah Seng, a fictional character inspired by true stories of local pioneering residents. As players navigate the storied streets and five-foot-ways of Tiong Bahru and Redhill, Ah Seng will be their bridge to the past, unveiling hidden gems like the Enabling Village and immersing them in the rich heritage and architectural nuances of these heartland areas. The whole experience, played over WhatsApp, is estimated to take about one to two hours to complete. The game is free to play. The latest game from Hidden Singapore builds on the company's earlier success in developing interactive games and activities in Singapore. Last month, the startup worked with JTC to launch a similar game at the Seletar Aerospace Park. By partnering SG Mobility Gallery, a showcase of Singapore's dynamic and comprehensive land transport system by the Land Transport Authority, Hidden Singapore is bringing the fun and curiosity of urban exploration to new audiences. Hidden Singapore's unique chatbot-led games have already won multiple awards, including the TripAdvisor Best of the Best Award for 2023. By bringing people on a trip to explore their neighbourhoods, the games also help local businesses gain more foot traffic and potential customers. "In 2021 we were just toying with the idea of using WhatsApp to tell the hidden stories of Singapore, so it feels amazing to have more people uncovering gems in the city with this new partnership with SG Mobility Gallery," said Lim Yee Hung, co-founder of Hidden Singapore. "As we expand to more areas around the little red dot, we hope to help both locals and tourists alike uncover the rich secrets hiding beneath Singapore's sanitised surfaces," he added. As an added bonus, all participants for the Tiong Bahru & Redhill game will be automatically entered into a monthly lucky draw. Fifteen lucky explorers will be chosen each month to take home a limited edition Thomson East-Coast MRT Lego toy. To sign up for the game, go to hidden.sg/tiongbahruredhill/signup About Hidden Singapore Hidden Singapore (www.hidden.sg) is an award-winning gaming startup that combines the physical and virtual worlds to help players uncover hidden gems in the city's iconic neighbourhoods. Set up in Singapore during the Circuit Breaker period is 2021**,** the company is the brainchild of two childhood friends who wanted to make country's rich history come alive and easily accessible through games and technology.
SINGAPORE - Media OutReach - 30 August 2023 - CloudCover, a cloud-native solutions company, today announced that it has received two 2023 Google Cloud Partner of the Year Awards - the Google Cloud Services Partner of the Year Award for India and the Google Cloud Services Partner of the Year Award for Southeast Asia The awards recognized CloudCover’s achievements within the Google Cloud ecosystem in helping joint customers optimize their cloud workloads to accelerate innovation and achieve greater business impact. “Google Cloud’s partner awards recognize the significant impact and customer success that our partners have driven over the past year," said Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels at Google Cloud. "We're delighted to recognize CloudCover as a 2023 Google Cloud Partner Award winner, and look forward to a continued strong partnership in support of our mutual customers.” One notable success story was in 2022, when CloudCover helped a global video game developer to easily scale and increase their workload capacity by migrating to Google Cloud. By customizing a solution with the right mix of Google Cloud services innovatively put together, CloudCover delivered improved automation and operational efficiency. This enabled the customer to deploy an advanced real-time 3D creation tool seamlessly on a global scale and deliver richer, more responsive gaming experiences for its users. Says Dhruv Parpia, Co-founder of CloudCover: “We're incredibly proud of this achievement, and we want to extend a big thank you to Google Cloud for recognizing our hard work. A special shout-out goes to our amazing team, whose dedication and innovation have made this three-peat possible. Our partnership with Google Cloud has been a game-changer, allowing us to provide top-notch services and be at the forefront of the cloud technology landscape. Winning this award three times consecutively isn't just a pat on the back; it's a testament to our vision and commitment to our clients. We're not just celebrating an award; we're celebrating a journey of excellence, collaboration, and growth. We want to thank everyone who has been part of this exciting ride. Your support means the world to us.” With a proven track record of enabling highly successful and scalable digital transformation on Google Cloud, CloudCover enables customers across the Asia Pacific region to improve their agility and expedite business innovation. Moving forward, CloudCover will continue to work with Google Cloud to empower organizations to seamlessly unlock the full potential of their cloud journey. Hashtag: #CloudCoverhttps://www.linkedin.com/company/cldcvr/The issuer is solely responsible for the content of this announcement.About CloudCoverCloudCover is committed to helping organizations achieve a futuristic approach through its cloud-native solutions. Part of ST Telemedia Cloud, a leading public cloud solutions provider in Asia-Pacific and North America, CloudCover brings expertise in various fields, such as Cloud Consulting Lifecycle, IT Transformation, Digital Transformation, Cloud Migration, Data Management and Transformation, Security and Compliance, and more. Our services cover strategy, assessment, design, build/delivery, and operation, enabling businesses to navigate the complex cloud landscape and accelerate their digital transformation journey.
RRDS awarded $30 million Mid-Range UAS IDIQ contract by U.S. Department of State (IDIQ Contract #19AQMM23D0091) and subcontracts to Quantum-Systems Inc. Quantum-Systems Inc. to provide Vector fixed-wing eVTOL sUAS over five-year period as part of subcontract agreement. MOORPARK, Calif., Aug. 30, 2023 /PRNewswire/ -- Rapid Response Defense Systems, Inc. ("RRDS"), a federal contractor and solution-based systems integrator, today announced that Quantum-Systems Inc., a leader in electric vertical take-off and landing (eVTOL) aerial intelligence solutions, has been selected as the subcontractor for the $30,000,000 indefinite-delivery, indefinite-quantity (IDIQ) contract awarded to RRDS by the U.S. Department of State to provide mid-range unmanned aircraft systems (UAS). The RRDS and Quantum-Systems team will deliver Vector fixed-wing eVTOL sUAS over the course of 5 years and will provide operator training to end users. Fred Bouman, SVP - Federal at RRDS commented, "We are honored to collaborate with Quantum-Systems as our trusted partner for this significant U.S. Department of State program. Their expertise in unmanned aircraft systems aligns seamlessly with our commitment to delivering cutting-edge technology to meet the evolving needs of our customers. This partnership marks another stride forward in our mission to provide comprehensive solutions that enhance security and intelligence capabilities on a global scale." "We're excited to team up with RRDS to equip and support the customer in their law enforcement and security missions with our mid-range aerial intelligence and reconnaissance solution, Vector," said David Sharpin, CEO of Quantum-Systems Inc. About RRDS RRDS is a results-driven, full-service option for the United States government and affiliated entities. RRDS offers a broad line of products and services, coupled with full-suite logistics solutions. The company specializes in cradle-to-grave supply chain with an expertise in identifying bespoke solutions to meet mission requirements. Utilizing proven PMO systems, RRDS offers an end-to-end solution for all its customers. RRDS is focused on your mission. To learn more about Rapid Response Defense Systems, visit www.RRDS.com. ABOUT QUANTUM-SYSTEMS INC. Quantum-Systems Inc. specializes in the development, design, and production of fully autonomous small unmanned aircraft systems (sUAS). Headquartered in Moorpark, CA, Quantum-Systems Inc. has combined electric vertical take-off and landing (eVTOL), automatic transitioning and AI edge computing capabilities to create a portfolio of sUAS with best-in-class endurance and reliability, and uncompromised actionable intelligence. Learn more at www.quantumdrones.com. Media Contact:Makayla Thomasinfo@quantumdrones.com Logo - https://mma.prnasia.com/media2/2093337/QS_Logo.jpg?p=medium600
SEOUL, South Korea, Aug. 29, 2023 /PRNewswire/ -- As part of the 2023 Visit KOREAN HERITAGE Campaign, the Cultural Heritage Administration of Korea and the Korea Cultural Heritage Foundation successfully concluded their second overseas event of the year in Los Angeles, California, U.S.A., from August 16 to 22. The 2023 Visit KOREAN HERITAGE Campaign’s second overseas event of the year was held in Los Angeles, California, U.S.A., from August 16 to 22. Launched in 2020, the Visit KOREAN HERITAGE Campaign is a branding initiative aimed at rediscovering the value of cultural heritage and the core elements of the global phenomenon of Hallyu (Korean Wave), while promoting the beauty of Korean cultural heritage both domestically and internationally. The Los Angeles event marked the second overseas occurrence following the one in Tokyo, Japan, in May. It was tailored for individuals in the United States interested in Korean culture and travel, further promoting the allure of Korea's traditional culture and cultural heritage at various locations in L.A., with the intent of inspiring visits to Korea. The event in L.A. kicked off with the collaborative program "Royal Cuisine and Gohoejae (royal court refreshments)," carried out in partnership with the Korean Cultural Center in Los Angeles. This was followed by activities such as operating promotional booths in conjunction with CJ ENM's KCON LA 2023, participation in the Korea Tourism Organization's U.S. LA K-Tour Roadshow B2B Travel Mart, and hosting four experiential events throughout various locations in L.A., including "Princess Hwahyeop's Makeup Demonstration" and "Experience at the U.S. Sejong Institute branch." These activities received enthusiastic responses from participants. "Royal Cuisine and Gohoejae" from the Joseon Dynasty at Korean Cultural Center in Los Angeles The "Royal Cuisine and Gohoejae" program from the Joseon Dynasty at the Korean Cultural Center in Los Angeles took place over three days from August 16 to 18. Participants had the opportunity to try six types of beverages and medicinal teas enjoyed in the royal court during the Joseon Dynasty, along with performances of traditional court arts such as "gayageum (a traditional Korean plucked zither with 12 strings)" performances and "Chunhyangjeon (one of the best-known love stories and folk tales of Korea)." Notably, this event held significance as it not only engaged Americans interested in Korean culture but also provided an opportunity for overseas Koreans who have limited chances to experience traditional Korean culture. The program operated under a reservation system and was conducted for the 12th time with a total of 260 participants. Visit KOREAN HERITAGE Campaign's promotional booth operated during "KCON LA 2023" Passionate K-pop fans who attended "KCON LA 2023" at the LA Convention Center from August 18 to 20 also had the opportunity to experience the charm of Korean cultural heritage. A total of 1,900 people visited the campaign promotion booth that operated for three days. Participants engaged in traditional Korean games by throwing large wooden dice while also enjoying an online program that allowed them to experience cultural heritage through the metaverse. Using the metaverse platform "girabee place," attendees created their characters and participated in online experiences centered around cultural heritage. After completing these online experiences and obtaining verification, visitors were rewarded with cultural heritage visitor passports and traditional cultural goods, enhancing their engagement. Unveiling K-Beauty in L.A.: Princess Hwahyeop's Makeup Demonstration The Princess Hwahyeop's Makeup Demonstration and Experience Program were conducted for 56 students at the Sejong Institute. Princess Hwahyeop was a notable figure from the Joseon Dynasty, the daughter of King Yeongjo and the sister of Crown Prince Sado, who gained attention due to cosmetic artifacts found in her tomb. On this day, the Sejong Institute introduced the makeup culture of the royal court under the theme of K-Beauty, which has gained immense popularity worldwide. The program offered a makeup demonstration, allowing participants to experience the beauty of Korea through makeup. Meanwhile, during the U.S. LA K-Tour Roadshow B2B Travel Mart organized by the Korea Tourism Organization on the same day, an introduction to Korean cultural heritage tourism was conducted for local travel agencies. At the event, the cultural heritage tourism program was introduced as part of the 2023 Visit KOREAN HERITAGE Campaign. The event aimed to foster collaboration and lay the groundwork for the future commercialization of a comprehensive cultural heritage tourism program. Moving forward, the Visit KOREAN HERITAGE Campaign plans to continue encouraging visits to Korean cultural heritage through various promotional events held in overseas locations. For more detailed information about the campaign, please refer to the Visit KOREAN HERITAGE Campaign website (https://chf.or.kr/visit ) and social media platforms such as YouTube (www.youtube.com/koreanheritage ) and Instagram (@visitkoreanheritage).
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