Monthly Archives: September 2020

PR Newswire

Humane(R) Inc., Completes Series A Funding Round

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Sam Altman and Lachy Groom lead Humane® Inc. Series A to build the next computing platform

SAN FRANCISCO, Sept. 25, 2020 –Humane® Inc., today announced that it has raised a $30 million Series A round led by Sam Altman and Lachy Groom. This round will enable the company to continue its mission to deliver the next shift between humans and computing.

"It’s time for a change," said Humane co-founders Imran Chaudhri and Bethany Bongiorno. "We are building a different type of company and a new platform for a new era. Pioneering new paradigms takes passion and ambition, we’re thrilled to partner with Sam and Lachy to help deliver on our vision."

"We have deep conviction that what Humane is building is the future," said Sam Altman and Lachy Groom. "New computing platforms don’t come along very often and what the team has created is genuinely amazing. Humane has a real chance at a revolution and we are both incredibly excited to partner with them over the coming decades." 

Also participating in the round were Marc Benioff, Valia Ventures, Plexo Capital, Kindred Ventures and others. This diverse set of investors brings a unique blend of technological, operational, and global expertise that will help the Humane team in its mission to deliver a new platform for the next era of computing.

About Humane 
Humane is a technology company that creates and sells consumer hardware, software, and services that feel familiar, natural and humane. Humane is the next shift between humans and computing, the best human experience ever. 

To learn more about Humane, please visit https://hu.ma.ne/ and follow us on Twitter @Humane

HUMANE and the hu.ma.ne logo are trademarks of Humane Inc.

Logo – https://mma.prnasia.com/media2/1281254/Humane_Logo.jpg?p=medium600  

Related Links :

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PR Newswire

Hexindai Launches Elite Influencers Program on Xiaobai Maimai

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BEIJING, Sept. 25, 2020 — Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that the newly launched Elite Influencers Program on Xiaobai Maimai, a new-form of social e-commerce platform released in May 2020, has made good progress and delivered impressive results.

The Elite Influencers Program was designed for users of Xiaobai Maimai to attain higher returns on top of the regular commissions they receive for every purchase, share or recommendation of a product to family and friends. Users of Xiaobai Maimai can become Elite Influencers and enjoy higher commission rates as their influence reaches certain performance milestones. Currently, the Elite Influencers introduced to the platform are primarily WeChat merchants who have considerable influence on social e-commerce in China. This group of Elite Influencers were selected for their rich experience in social e-commerce, regular engagement with an extensive follower base, and their sales on WeChat, including popular shopping categories such as maternal and infant products, household goods, and cosmetic products.

Mr. Xiaobo An, Founder, Chairman and Chief Executive Officer of Hexindai, commented, "The key to social e-commerce is effective communication between communities, and our Elite Influencers Program is a win-win solution built on effective communication. Leveraging their social influence and large follower base, Elite Influencers attract additional traffic to our platform and facilitate sales with every move they make on social media. They will enjoy higher commission rates without bearing the risks associated with maintaining stocks and inventories. At the same time, consumers can save on quality products with the discounts, coupons and rebates offered by Xiaobai Maimai. Since the launch of the Elite Influencers Program, we are very pleased to see significant improvements in a number of operating metrics on Xiaobai Maimai. In August 2020, our monthly active users accounted for approximately 61% of the total registered members of Xiaobai Maimai, representing a significant increase from 29% in June 2020. The monthly orders increased threefold from June 2020 to August 2020, and the number of monthly page views increased by nearly 60 times from June 2020 to August 2020. Going forward, we will continue to promote the Elite Influencers Program to more users, including influential WeChat merchants, retail store merchants, members of mothers’ clubs and farmers’ markets, and part-time merchants. We believe that the Elite Influencers Program will effectively expand our user base and increase traffic to and revenues generated from our platform. At the same time, we also intend to promote social employment through our efforts and further fulfill our corporate social responsibility."

About Hexindai Inc.

Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company") is a mobile e-commerce and consumer lending platform based in Beijing, China. The Company collaborates with brands both online and offline to offer high-quality and affordable branded products through its new form of social e-commerce mobile platform and facilitates loans to meet the increasing consumption needs of underserved prime borrowers through its online consumer lending marketplace. Hexindai’s strong user acquisition capabilities, cutting-edge risk management system, and strategic relationships with respected financial institutions allow the Company to generate higher customer satisfaction, reliance, and realize fast growth.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: the Company’s goals and strategies; its future business development, financial condition and results of operations; the expected growth of the social e-commerce industry, the credit industry, and marketplace lending in particular, in China; the demand for and market acceptance of its marketplace’s products and services; its ability to attract and retain borrowers and investors on its marketplace; its relationships with its strategic cooperation partners; competition in its industry; and relevant government policies and regulations relating to the corporate structure, business and industry. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law.

For more information, please visit ir.hexindai.com.

For investor inquiries, please contact:

Hexindai

Investor Relations
Ms. Zenabo Ma
Email: ir@hexindai.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-10- 5900-1548
E-mail: Eyuan@christensenir.com

In US

Mr. Tip Fleming
Phone: +1-917-412-3333
Email: tfleming@Christensenir.com

 

Related Links :

http://www.hexindai.com

PR Newswire

Canadian Solar Comments on ITC Complaint Filed by Solaria Corporation

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GUELPH, ON, Sept. 25, 2020 — Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today issued the following comment:

Over the past five months, Canadian Solar has been vigorously litigating a patent lawsuit filed by Solaria in April 2020 in the U.S. District Court in Oakland, California, entitled The Solaria Corporation v. Canadian Solar Inc., Case No. 4:20-cv-02169-JST (N.D. Cal.). Canadian Solar countersued with claims requesting that the Court declare, as Canadian Solar believes, that:

(1) none of the products at issue in the case infringe the Solaria patents;

(2) Solaria withheld key evidence from the U.S. Patent Office when seeking its patents; and

(3) this, among other reasons, renders the asserted claims both invalid and unenforceable. 

In the face of Canadian Solar’s countersuit, Solaria opted to file a new lawsuit with the U.S. International Trade Commission (ITC), entitled Certain Shingled Solar Modules, Components Thereof, and Methods for Manufacturing the Same, Section 337 Investigation Docket No. 3491. The ITC investigation is expected to be instituted next month. 

Asserting the same family of patents against the same limited number of products (HiDM and HiDM5) in a different forum does not make Solaria’s claims any less flawed. Canadian Solar will continue to vigorously defend these lawsuits, while the Company continues to focus its energy on developing superior product and bringing innovation to the market.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar power companies. It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale solar power projects in various stages of development. Over the past 19 years, Canadian Solar has successfully delivered over 46 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries. Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; delays in the process of qualifying to list the MSS subsidiary in the PRC; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company’s SEC filings, including its annual report on Form 20-F filed on April 28, 2020. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

Related Links :

http://www.canadiansolar.com

PR Newswire

Cleantech Group Names SENSORO a 2020 APAC 25 Company

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BEIJING, Sept. 25, 2020 — SENSORO (Beijing SENSORO Technology Co., Ltd.,), has just been included in the 2020 APAC 25 list produced by Cleantech Group, a global provider of research, consulting and events to catalyze opportunities in sustainable innovation.

The APAC 25 is a list of independent companies from the Asia Pacific region engaged in sustainable innovation that are viewed by the market as likely to have significant impact in a five-to-ten-year time frame.

Cleantech Group put together the third annual list of 25 companies through a combination of APAC-related inputs from the annual Global Cleantech 100 process and detailed contributions from an APAC 25 expert panel. The companies on the list had the strongest patterns of agreement across all the input points and were scored the highest.

"Based on the intelligent service system with core technology and service innovation, SENSORO embed city-level sensing communication chipset into various kinds of sensors, which get through channel of urban infrastructure data such as water, electricity, coal, gas, fire combined with real-time information such as camera video, meteorology, hydrology, etc., to construct digital files and information maps and provide information for personnel, vehicles, houses units, facilities, organizations and events. Seconds-level analysis is carried out to realize perception and urban computing overall which brings strong recognition, analysis and algorithm ability for urban governance and development, innovating from traditional governance to data-driven artificial intelligence era," SENSORO says.

Members of the APAC 25 expert panel play an important role in creating the list. Each provides between three and nine nominations, no more than a third of which can be portfolio companies (in the case of investors). Expert panelists can weight their nominations, and all nominations are blind (no expert sees the other panelists’ nominations). These nominations are then combined with the outcomes from the Global Cleantech 100 process, which benefits from thousands of data points. 

"The Asia Pacific region will dominate some of the new industries and supply chains that will emerge from global mega-trends such as alternative proteins, electrification and new mobility, to name but three," said Richard Youngman, CEO of Cleantech Group. "It will also be a leader in digitalization, given its weight of population and the size of its industrial base. Both dynamics are borne out in our third annual APAC 25 list of rising star innovation companies from around the region."

About SENSORO

Founded in 2014, China, SENSORO is a global intelligent service provider, mainly focusing on R&D of IoT chipset, city-level scale IoT communication network, and intelligent service systems.

At present, SENSORO intelligent solution has created benchmarking cases in Beijing and applied to more than 160 cities in China, such as Yichang, Shenzhen, Zhuhai, Ningbo and so on. It has made rich achievements in the fields of digital administrative & intelligent governance, and people’s livelihood. SENSORO AIoT mode of innovation and application are also influencing the intelligent construction and development of "One Belt and One Road" Initiative countries and cities such as Kampuchea, South Africa etc. SENSORO has established cooperative relations with more than 65 countries and regions and its international influence has been continuously improved.

Website: www.sensoro.com

PR Newswire

Color Star Technology to Add Interactive Live Streaming Feature to Its “Color World” App on October 15, 2020

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NEW YORK, Sept. 25, 2020 — Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", or "Color Star"), a company engaged in the businesses of providing online and offline paid knowledge services for the media, entertainment and culture industries globally, today announced that it will upgrade its Color World App with interactive live video streaming feature on October 15, 2020.

"We are excited about the upcoming upgrade which adds interactive live streaming feature (the "New Feature") to our highly popular Color World App which has gained tens and thousands of users following the official launch of its Chinese version on September 10, 2020. With the New Feature, we plan to sponsor more interactive live events, such as, virtual celebrity-fan meetings, interactive training courses, and live concerts, among others. As we are committed to providing best in class user experiences for our live events, we are also accelerating the development of Augmented Reality ("AR") features for the Color World App," said Luke Lu, Chairman and Chief Executive Officer of Color Star.

"As we are constantly bringing more musicians, actors, and artists to our platform which in return attracts more fans, followers, and paid users to our platform, the New Feature is poised to take our user engagement to another level going forward," concluded Mr. Lu.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: HHT) offers online and offline paid knowledge services for media, entertainment and culture industries globally. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. The Company also offers after-school entertainment tutoring in New York via its joint venture entity Baytao LLC. More information about the Company can be found at www.colorstarinternational.com.  

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Specifically, the Company’s statements regarding the proposed acquisition of FENT are forward-looking statements. Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where HHT conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Tony Tian, CFA 
Email: ttian@weitianco.com  
Phone: +1-732-910-9692

 

Related Links :

https://www.colorstarinternational.com/

PR Newswire

Dun & Bradstreet Announces Expansion of Global Partnership Program to Accelerate Business Growth

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D&B Accelerate Brings Together Data & Analytics, Market Leading Capabilities and Trusted Brands to Drive Innovation

HONG KONG, Sept. 25, 2020 — Dun & Bradstreet Holdings, Inc. ("Dun & Bradstreet") (NYSE:DNB), a leading global provider of business decisioning data and analytics, has today launched D&B Accelerate, to develop new alliances globally as part of the company’s expansive program. Combining Dun & Bradstreet’s data, analytics and insight with the capabilities of other market-leading businesses, D&B Accelerate will fuel the development and faster delivery of solutions to help clients transform, compete, grow and thrive.

"Dun & Bradstreet is a trusted partner at the root of the data and analytics value chain in all geographic markets, providing a compelling commercial proposition to deliver insights that solve critical pain points," said Stephen C. Daffron, President, Dun & Bradstreet. "By combining capabilities and distribution channels with organizations who are leaders in their field, we are able to provide agile and innovative solutions to meet the diverse requirements of businesses around the world."

D&B Accelerate aims to expand existing collaborations and build new, strategic relationships that enable:

  • Access to Dun & Bradstreet’s Data Cloud, including over 360 million global business records, plus its growing firmographic and alternative data sets
  • Collaborative innovation, combining the depth and breadth of Dun & Bradstreet’s data and analytics with complementary solutions to help clients better manage risk and identify opportunities
  • Faster time to market for co-developed and co-marketed solutions, leveraging Dun & Bradstreet’s solution architects and subject matter expertise
  • Accelerated international expansion and growth across markets in any economic environment through the delivery of intelligent solutions that inform and drive decisions.

Through D&B Accelerate, Dun & Bradstreet is entering into business development partnerships with a suite of organizations across the globe, including the companies below:

Intelligence software company, Quantexa, is working with Dun & Bradstreet in Europe and North America to support globally recognized banks, combining its innovative technology platform with Dun & Bradstreet’s actionable data to help clients identify potential exposure and links to parties who are involved in laundering money from illegal activities such as human trafficking.

"We are looking forward to extending our relationship with Dun & Bradstreet as part of the D&B Accelerate program," said Vishal Marria, Chief Executive Officer at Quantexa. "Working together allows us to combine our leading contextual decision intelligence technology with Dun & Bradstreet’s commercial data to accelerate our clients’ business objectives and results."

China’s leading enterprise cloud service and software provider, Yonyou Network Technology is entering a strategic partnership with Huaxia Dun & Bradstreet to provide an enhanced risk management solution for clients by infusing its procurement platform with Dun & Bradstreet’s data and expertise to support supplier onboarding and supply chain management.

"We believe in growing business through eco-partnerships and the integration of Dun & Bradstreet’s data and analytics into our digital platforms will deliver a ‘one-stop’ solution to help our joint clients mitigate risk and accelerate business performance," said Wang Jian, Senior Vice President of YonYou Network.

BuyHive is a B2B sourcing platform enabling buyers worldwide to source products via BuyHive’s turnkey sourcing solution, freelancer network of sourcing professionals, and their B2B eCommerce platform. The Hong Kong based company has today announced its new relationship with Dun & Bradstreet to use data and analytics to validate the business information of buyers and sellers on their platform.

"This partnership comes as we ramp up our first-of-a-kind B2B sourcing eCommerce platform," said Minesh Pore, CEO, BuyHive. "Dun & Bradstreet’s Data Cloud and analytics will greatly accelerate BuyHive’s sourcing process by ensuring trust and transparency to speed decision-making and identify the best suppliers for our buyers."  

Dun & Bradstreet will introduce the program to additional regions in the coming months. More information on D&B Accelerate is available here.

About Dun & Bradstreet

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.

 

Related Links :

https://www.dnb.com.hk

PR Newswire

Terminus’ AI CITY: The Cornerstone of Urban Digitization and the Pulse of Cities

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BEIJING, Sept. 25, 2020 — On September 23, the world’s leading smart service provider, Terminus Group, officially announced its AI CITY strategy in Beijing, the embodiment of Terminus Group’s experience gathered over the past five years, and unveiled the TACOS -Terminus AI CITY Operating System, for the first time.

Victor AI, founder and CEO of Terminus Group, together with Jonathan Woetzel, senior partner at McKinsey & Company and the director of McKinsey Global Institute, Bjarke Ingels, founder and creative director of Bjarke Ingels Group, oversaw the concept and strategy promulgation in this one of the most important grand occasions in AI CITY industry, and gave speeches on urban digitization and Terminus Group’s AI CITY solutions.

Cities are becoming bigger and denser in an era of unprecedented urbanization. At the same time, large-scale mobile digital layers exist atop these dense environments. Combining these two trends to better understand the city will lead to a great age of Urban Digitization, which can be used to help residents, businesses, and governments gain insights into how cities work. 

In response to the aforementioned trends and requirements, Terminus Group’s strategy has combined the hardware and software to further promote the OTA (Over the Air) city autonomous upgrade model reshaping the form of the city. As the core idea of Terminus Group’s AI CITY strategy, the city OTA describes an underlying system for urban interaction that can be constantly upgraded and modified remotely.

In the AI CITY, various solutions including smart communities, smart fire protection, smart security, smart finance and smart cultural tourism are all packed into digital layers that are ready to be deployed in upgrading the target industries, and they are all integrated into the city smart operating system TACOS. Being the essential parts of the city’s neural network, they could contribute to making the city brain even smarter. TACOS, the city hub, will be a collection and a distribution center for diverse information and instructions coming from the IoT devices spread around the city, and will help the city operators obtain instant information and make more responsive and optimal decisions.

Nowadays, the traditional notions of what a city can be and how it can best serve its citizens has been challenged by new game developers, planners, and designers

According to Victor AI, "Just like the invention of smartphone in the mobile network era and the vehicle networking inspiring the smart cars revolution, in the 5G+AIoT era, as the aggregation carriers of various vertical scenarios, and the most important supportive arm for the industrial economy, cities will also upgrade in the transformation from traditional mode to AI driven form. Definitely, Terminus Group is born for the new city form".

At this global press conference, Victor AI also introduced the CLOUD VALLEY, the world’s first AI CITY initiated by Terminus Group in Chongqing in April this year, which is also Terminus Group’s first achievement under the partnership with BIG and has directed path for the world’s AI CITY development.

With regards to Terminus Group’s AI CITY solutions, Jonathan Woetzel commented: "Terminus Group is the direction for the future development of China’s AI CITY industry. And going to step further, not just in China, the intelligentization of the city will fundamentally subvert the current model of urban infrastructure, and we firmly believe Terminus Group can accomplish this remarkable feat."

In Bjarke Ingels’ view, the cooperation with Terminus Group is a new journey for BIG to explore more possibilities of the future AI CITY, "We are excited to build an in-depth partnership with Terminus Group, as our two sides have the shared vision of creating spirited sustainable cities around the world."

At this press conference, Terminus Group also launched its "T-Plan", which is the company’s newest initiative aimed at recruiting the top talents specializing in AI,5G,IoT and cloud platform worldwide to back its global AI CITY ambitions.

PR Newswire

SCRIPTS Asia and Aiera Partner to Unlock Investor Meeting Access to More Than 1,000 Asia Pacific Companies

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SEATTLE, Wash., Sept. 25, 2020 — SCRIPTS Asia Inc., the leading provider of investor event data for Asia Pacific, announced today that it has received a strategic investment and has joined forces with Aiera, an event intelligence and insights platform. Aiera’s users will now have access to earning meetings and other events for more than 1,000 Asia Pacific regional equities through the Aiera platform.

"Access to investor meetings have traditionally been more restrictive in Asia than for U.S. companies," said Ken Sena, CEO and co-founder of Aiera. "Particularly during a global pandemic when travel is challenging, SCRIPTS Asia has been instrumental in helping our users gain direct, timely access to complete event coverage for companies spanning across eight Asia Pacific markets."

This new partnership will offer Aiera’s users access to event audio files, local language transcripts and English translations for key events in Asia.  The alliance will also empower mutual customers to quickly monitor and filter these events based on topic, theme, specific company or product mention, and more — all in the language of their choosing.  

"We are excited to showcase our coverage of Asia Pacific investor events through Aiera’s desktop solution," said Erik Abbott, CEO and founder of SCRIPTS Asia. "Aiera’s machine-learning enabled tools will enable analysts and portfolio managers to efficiently consume and intelligently monitor over 3,500 Asia Pacific investor meeting transcripts; a dataset previously inaccessible to investors."

SCRIPTS Asia also revealed that it has received a strategic investment from Aiera. The funding will go towards expanding event coverage and increasing event types later in the calendar year.  Recently, SCRIPTS Asia celebrated its 1,000th covered company milestone and announced coverage of eight markets in Asia Pacific.

About SCRIPTS Asia

Founded in 2018, SCRIPTS Asia is the leading source of event coverage in Asia Pacific for institutional investors worldwide with offices in the United States, Japan, Hong Kong and Singapore. Please visit www.scriptsasia.com further information.

About Aiera

Aiera’s event access and monitoring intelligence platform improves earnings season (and the investor events in between) through comprehensive calendar tracking, one-click event access, dynamic monitors, multicasting, and more. Powered by an advanced language processing engine, which consumes 40,000+ investor events annually, across 10,000+ global equities, Aiera empowers professionals from investment teams, corporate strategy, and business development roles. Aiera tracks over 4 million global information sources, regardless of language or geography, and covers the leading number of investor events, all major news and media, industry blogs, and regulatory filings. Across this information, users can build their own monitors or select and configure among those created by Aiera’s in-house research team.

Related Links :

http://www.scriptsasia.com

PR Newswire

AB Electrolux to propose reinstated dividend based on recovery in earnings and cash flow

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STOCKHOLM, Sept. 25, 2020 — After assessing the company’s financial position and the impact of the coronavirus pandemic, the Board of Directors of AB Electrolux has decided to propose a dividend of SEK 7 per share for the fiscal year 2019. Electrolux has seen a substantial recovery in earnings and cash flow during the third quarter, with pent-up demand and government stimulus programs impacting consumer spending patterns and thus driving a positive development in all business areas.

On March 23, 2020, the Board of Directors withdrew its SEK 8.50 per share dividend proposal for the AGM 2020, in light of the then considerable uncertainty relating to the medium-term effects of the pandemic. Since then however, as was communicated in the second quarter report on July 17, market demand has begun to recover. In line with the outlook, demand has remained strong during the third quarter. Electrolux estimates that the negative impact initially seen related to the pandemic will largely be recovered in the operating profit for the nine-month period ending September 30, including a strong improvement in cash flow. Looking into the fourth quarter, visibility remains limited as demand may be impacted by several factors – both positive and negative – but at present, Electrolux anticipates financial performance to gradually normalize.

The Board of Directors therefore has concluded that a dividend can be proposed without jeopardizing Electrolux financial position. It will call for an Extraordinary General Meeting on November 3, 2020, to decide on a proposal for a dividend for the fiscal year 2019 of SEK 7 per share, to be paid in one installment. The Board will also propose that a performance based long-term share program for 2020 is implemented in line with its original proposal for the AGM 2020.

The Extraordinary General Meeting will also decide on a proposal from the Board of Directors to include a possibility in the Articles of Association to allow voting by post and to collect proxies before general meetings. Further details regarding the Extraordinary General Meeting will be provided shortly in a separate notice for the meeting.

Electrolux report for the third quarter of 2020 will be published on October 23, 2020 at about 0800 CET. The company will then provide an updated market and business outlook for the full year 2020.

This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 0830 CET on September 25, 2020

For further information, please contact:                                          
Daniel Frykholm
Electrolux Press Hotline
+46 8 657 65 07

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/electrolux/r/ab-electrolux-to-propose-reinstated-dividend-based-on-recovery-in-earnings-and-cash-flow,c3202835

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PR Newswire

Pangyo Techno Valley’s 100 Bio & Medical Special – MIK HOT SPOT Online Exhibition to open on September 4

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New attempt to promote Korean companies to domestic and foreign markets in post-coronavirus era.

SEOUL, South Korea, Sept. 25, 2020 — AVING NEWS’ Korea’s only convention media and online exhibition center by itself, began this project to help Korean companies to enter the domestic and foreign markets through MIK HOT SPOT (Made in Korea Online Exhibition) on its way to become the global online hot spot.

The online exhibition consists of opening the MIK ONLINE HOT SPOT exhibition, business introduction video for buyers and investors, domestic and global promotion, target promotion for MIK HOT SPOT network, and post-management after contacting the buyers and investors, open for 365 days a year.

The five companies that participated in the MIK HOT SPOT_Pangyo Techno Valley 100 Bio & Medical Special are as follows:

  • M2S
  • Rootee Health
  • Exosystems
  • Genome & Company
  • AllLive Healthcare

– M2S

M2S, a digital healthcare specialist, is a startup company that develops and operates eye-related care services and platforms, including its VR ophthalmic testing device VROR. M2S has received spotlight in the global market when VROR, the ophthalmic testing device using virtual reality (VR), was approved by the US FDA in December of last year. The company has 12 domestic and foreign patents related to ophthalmic examination, including the domestic original patents for ophthalmic examination with VR and eye tracking technology. To enter the global market with the ability to create innovative VR AR-based digital contents, M2S is planning to launch Eye.Dr VR, a digital healthcare solution for eye health management in September.

– Rootee Health

ELI Solution provided by Rootee Health is an eye disease test solution that can be easily used by the general public. The feature of this product lies in the eye examination automation technology that automates the process of obtaining good images with AI technology while being portable. "If you just place your face like a VR, the eye exam is done within 10 seconds, and you can finish the eye exam for both eyes within 30 seconds. It is the first portable automatic photographic eye exam device. Because it is portable, it has a big advantage over conventional fixed fundus camera," CEO Guk Gyeong-min said.

– Exo Systems

Lee Hu-man, the CEO of Exosystems, has developed ExoRehab that helps rehabilitate the musculoskeletal system as he founded the company. CEO Lee said, "The most core value of ExoRehab is to train and restore the muscles that make up the musculoskeletal system. The biosignal wearable device analyzes the biosignals of the wearer and provides an exercise program suitable for them in software form. For those who have difficulty in exercising, it provides medical electrical stimulation to help restore muscle."

– Genome & Company

Genome & Company is a bio-venture company established in 2015, developing next-generation innovative new drugs in the field of immune anticancer drugs such as microbiome, new target immune checkpoint inhibitors, and fusion proteins to overcome unmet medical demands of cancer patients. The company is the first Korean microbiome research and development company to collaborate in a clinical trial of concomitant use and supply contract of Merck and Pfizer’s immune anticancer drug Avelumab (product name: Bavencio) and its own immune anticancer microbiome treatment (GEN-001) in December last year. In April of this year, the US Food and Drug Administration (FDA) approved the clinical trial plan (IND), and the clinical trial of concomitant use is in progress. Along with this. in December last year, it concluded an MOU with LG Chem for the exclusive development and commercialization rights for GEN-001 in Korea and the East Asian region.

– AllLive Healthcare

AllLiveC is a platform operated by AllLive Healthcare, Korea’s no. 1 clinical trial support service provider. It is providing the clinical trial online/offline integrated brokerage service that connects applicants who want to participate and the clinical trial centers. Clinical trial is the most important process in the development of new drugs, and a huge amount of time and money is spent. AllLive Healthcare has the goal to innovate these clinical trials with IT technology, and as the first step, it has made the platform that provides the service of recruiting and managing the subjects for clinical trials. By using the IT technology, the recruitment of clinical trial subjects that had been conducted manually is done by AllLiveC, the clinical online/offline clinical trial brokerage service’ It is announcing the clinical trials by online media.

Pangyo Techno Valley, which participated in MIK HOT SPOT (Made in Korea Online Exhibition), is a business platform where companies with innovative products and technologies are gathered. About 1,300 companies in IT, CT, and BT sectors are based here. Innovative companies with global capabilities like Kakao, NHN Entertainment, AhnLab, Krafton, NCSOFT, Nexon, and Hancom, and advanced technology research institutes like Advanced Institute of Convergence Technology, KAIST, ETRI, and KETI are working together.

The global news network AVING News has begun holding the MIK Hot Spot (Made in Korea Online Exhibition) to help small and medium-sized companies enter the market and attract investment 365 days a year. AVING News has been running online exhibitions since 2005 and had 975 online exhibitions so far. Its YouTube online exhibition has placed itself as Korea’s largest online exhibition hall that opens with 19,000 videos (booths) with more than 800,000 visits per month which means more than 10 million visits per year.

The MIK HOT SPOT online exhibition is scheduled to be held regularly according to the field, target market, and participating institutions, and it will be presented as a new type of online business by transforming the know-hows and values of the participating companies according to the trend. Companies that want to participate can apply and apply through the marketing support projects from supporting institutions in the local governments. Refer to the institutions for more information.

– Go to MIK Hot Spot (Made in Korea Online Exhibition) special page
http://www.madeinkorea.tv/