Yearly Archives: 2020

Computers, Lifestyle, News

An AMD Twist for the Acer Nitro 5 (2020)

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We reviewed the Acer Nitro 5 a few weeks ago and we thought that the gaming notebook is one of the best value-for-money devices of the year. It was worth MYR 4,899 and packs quite a lot of punch for that money.

You get a powerful Intel Core i7 (up to) and a not-so-entry-level NVIDIA GeForce GTX 1660Ti for your money. You now get 8GB of RAM and 512GB in SSD too in the entry-level gaming notebook. To sweeten the deal, the display is an IPS panel with 144Hz in response rate.

We did not think that it could be better in value, the Nitro 5. Acer proved us wrong with AMD though. The new Acer Nitro 5 now comes in AMD flavour for those looking for some distinction.

You are still getting the same 8GB RAM and 512GB in SSD storage. You also still get a 15.6-icnh IPS panel at Full HD resolution and refreshes at 144Hz. There is still the always reliable Killer Ethernet E2600 ethernet port. Even the keyboard is still the same 4-zone RGB type.

The differences are a little more than skin deep in this case. It comes packing AMD’s Ryzen 7 4800 8-core CPU power paired to an NVIDIA GeForce GTX 1650 instead of the GTX 1660Ti. While it might sound like a small downgrade, the differences are more minute than you know with the Intel pairing.

But the differences do not end at the hardware though. It is also differently priced at the same time. The Acer Nitro 5 with AMD’s Ryzen 7 4800 and NVIDIA GeForce GTX 1650 is now available across the nation via authorised retailers and official online stores at MYR 4,099. That is MYR 800 in difference to the top specced Intel variant of the Acer Nitro 5. With the current Acer Day promotion, the AMD variant of the Acer Nitro 5 is available for MYR 3,999. For more information on the Acer Nitro 5, do check out their website.

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LED CHINA 2020 to Launch Interactive Virtual Exhibition to Benefit Global Buyers

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1 ~ 3 September, both in-person and virtual version of LED CHINA 2020 will be held as planned, presenting the latest trends in LED displays and its vertical application domains.

SHENZHEN, China, Aug. 24, 2020 — LED CHINA 2020 has recently launched a B2B online webcast platform – LED CHINA I Live (https://live.ledchina.com/), to complement its in-person event which is coming in September. With rich content and powerful functions, such platform offers a brand-new experience and ongoing opportunities to source, learn and interactive, without the constraints of time, space and costs.

LED CHINA B2B Online Webcast Platform
LED CHINA B2B Online Webcast Platform

What Visitors Can Do at LED CHINA I Live:

  1. To look up over 1,200 brands from the robust B2B search engine, and to learn trending technologies such as pixel-pitch/micro LED, new vision of 5G internet + 8K video display.
  2. To interact with targeted suppliers through live webcast, online chatting or video call.
  3. To post requirements and join the business 1-to-1 matching or simply let the qualified suppliers come up to you.

LED CHINA I Live is the virtual version of physical LED CHINA 2020 from 1 to 3 September. It’s open to all professionals free of charges. To enable visitors to have a smooth and efficient experience on the platform, more information, such as platform’s function introduction, user guide, exhibitor list and webcast timetable will be available here: https://bit.ly/2Ekupa8

LED CHINA 2020 to Launch Interactive Virtual Exhibition to Benefit Global Buyers
LED CHINA 2020 to Launch Interactive Virtual Exhibition to Benefit Global Buyers

Concurrent Events Offer Solutions Designed Vertical Application Domains

Apart from the Live Online Webcast, LED CHINA 2020 will also be co-hosted with Entertainment Design Expo 2020, Commercial Integrated System China 2020, Digital Signage China 2020 and Sign China 2020, all events together will offer solutions designed for its vertical application domains:

Entertainment / Staging / Broadcasting / Hospitality / Stadiums & Venues / Conferencing / Brand Marketing & Advertising / Experiential Design / Command & Control Rooms / Retail Environments / DOOH Networks / Conference & Multimedia / Pro AV & Installation

About LED CHINA:

Established in 2005, LED CHINA is the initiator of international LED exhibition in the world. Being the benchmark of the global LED industrial chain, LED CHINA· Shenzhen is devoted to build a one-stop trading platform with a wide range of LED related products, LED applications in different industrial fields. (For more, visit: www.LEDChina.com)

About the Organiser:

Informa Markets Trust, a joint venture of Informa Markets. Informa Markets is a leading B2B information services group and the largest B2B event organizer in the world. It has over 11,000 staff and provides business service to over 40 countries for more than 50 different industries. Over 500 leading exhibitions across the globe are organised by Informa Markets

Contact: Jenee Liao, +86-02-38106261

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ASTRI sets smart water data challenge to promote STEM education in Greater China

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HONG KONG, Aug. 24, 2020 — The Hong Kong Applied Science and Technology Research Institute (ASTRI) has supported the International Mathematical Modelling Challenge (IM2C) to nurture STEM talent and innovative entrepreneurship for secondary school students in Hong Kong SAR and the rest of the Greater China region through problem setting, field studies, summer internships and presentation competitions. 

ASTRI CEO Hugh Chow welcomes IMMC students and teachers visiting ASTRI2019
ASTRI CEO Hugh Chow welcomes IMMC students and teachers visiting ASTRI2019

 

ASTRI explains how mathematical modelling is applied in our technological innovations solving problems in 2018
ASTRI explains how mathematical modelling is applied in our technological innovations solving problems in 2018

Established by Consortium for Mathematics and its Applications (COMAP, USA) and NeoUnion ESC Organization (NeoUnion, Hong Kong) in 2015, the IM2C is a global innovation contest for secondary school students to explore the application of mathematical modelling in real-life situations to solve problems of importance today. Water is an essential resource in our daily life. A smart water supply system which can monitor flaws in pipes and valves is key to sustainable and efficient water use in Hong Kong. Using ASTRI’s simulated scenarios from the real-life project on Smart Water Data Analysis, the Hong Kong team from Diocesan Girl’s School won the Outstanding Award for the 2020 IM2C Greater China Contest, which was featured in the July issue of the Newsletter of Hong Kong Laureate Forum. The problems set for the IM2C 2020 in Greater China covered a wide spectrum of issues including Smart Water Data Analysis, Credibility in Online News, Grid Frequency Response and Cyber Insurance Incentive Strategy; Flash Sale is used for the international challenge.

"Mathematical modelling provides the effective tool in applying logical thinking to solving the complex problems we face today," said Dr James Lei, ASTRI Senior Director of Artificial Intelligence and Big Data Analytics. "Through our support to the IM2C competition, field studies and the Advanced Innovation Program platform, ASTRI hopes to stimulate young people’s interest in STEM education and careers, and encourage them to take on the difficult challenges – an essential trait for technological innovation."

ASTRI Chief Executive Officer, Mr Hugh Chow said, "STEM education is becoming increasingly recognised as a key driver of opportunity. IM2C facilitates students to learn about the relevance of mathematical modelling to their studies as well as to their career including entrepreneurship – an important skill for the technology-driven economy of the future. ASTRI will continue to promote STEM education and applied research to prepare our young people to work in a world that is progressively competitive yet collaborative."

Mr Alfred Cheung, Director of IM2C Committee (Zhonghua) said: "We value ASTRI’s continuous support to the IM2C in promoting STEM education in Hong Kong and the Greater China region. With the implementation of the Outline Development Plan for the Guangdong-Hong Kong-Macau Greater Bay Area, Hong Kong will play an increasingly active role as the international hub of science and innovation. We thank ASTRI for the robust support and partnership to inspire more students to be engaged in international exchange in science and innovation."

The 2020 contest, the sixth IM2C, saw 650 teams from the Mainland, Hong Kong SAR, Macau SAR and Taiwan compete – a tenfold increase since its establishment.

Notes to editors

  1. Photo 1: ASTRI CEO Hugh Chow welcomes students and teachers of International Mathematical Modelling Challenge visiting ASTRI to learn about our latest technologies.
  2. Photo 2: ASTRI explains how mathematical modelling is applied in our technological innovations solving problems of today.

About ASTRI

The Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness in technology-based industries through applied research.

ASTRI’s research and development strategic focus covers five areas of applications: Smart City; Financial Technologies; Intelligent Manufacturing; Health Technologies; and Application Specific Integrated Circuits through its mandate as the Hong Kong branch of the Chinese National Engineering Research Centre. Our core competence in various areas is grouped under five technology divisions, namely Artificial Intelligence and Big Data Analytics; Communications Technologies; Cybersecurity, Cryptography and Trusted Technologies; Integrated Circuits and Systems, and IoT and Sensors.

ASTRI seeks to develop technologies that address the needs of industries, institutions and communities in Hong Kong; as well as nurture talents to create economic value and societal impact. To date, ASTRI has transferred more than 750 technologies to the industry and owns more than 850 patents in the Mainland, the US and other countries. For further information, please visit www.astri.org.

Photo – https://photos.prnasia.com/prnh/20200824/2895146-1-a?lang=0
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SINTRONES Edge AI GPU Computing Solution enabling flexibility: EBOX-7000

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TAIPEI, Aug. 24, 2020 — SINTRONES, one of the global leaders in computing technology in vehicles, announces the launch of the new EBOX-7000 Edge AI GPU Computing. The new EBOX-7000 Edge AI GPU Computing is suitable for various factory automation and Industrial Internet of Things (IIoT) control system in large-scale processes such as mining and manufacturing. It is powered by Intel 9th Gen Core i7/ Intel 8th Gen Core i7/i5/i3 CPU with 6 x RJ45 GbE (optional 4 x PoE Max. 100W). EBOX-7000 features two LTE SIM Card Sockets with automatic SIM Card detection (Taiwan Patent No. M592609). It supports both 5G and LTE standard for wireless network performance. Furthermore, the users can simply remove the HDD and use it as a portable hard drive with USB port and power connector. No additional converter needed.

SINTRONES Edge AI GPU Computing Solution enabling flexibility:EBOX-7000
SINTRONES Edge AI GPU Computing Solution enabling flexibility:EBOX-7000

EBOX-7000 provides PCIe card expansion including a riser card w/ 1 x PCIe x16 slot (1 x PCIe 3.0 x16 interface) or optional riser card w/ 2 x PCIe x16 slot (2 x PCIe 3.0 x8 interface). Both riser cards can be up to 185mm length total 90W~150W PCIe cards. It is expandable with Nvidia Tesla Card, Nvidia GPU card, Nvme card, image capture card and I/O card. Furthermore, EBOX-7000 can be used in edge AI enhancements, intelligent video analytics AI Video analysis, IIoT, traffic management and machine vision.

EBOX-7000 features TPM 2.0 and memory 2 x DDR4 2400/2666 MHz SO-DIMM up to 32GB. In addition, the environmental tolerance continually maintains a wide range of operating temperatures (-40°C ~ 70°C) allowing it to operate in extreme and rugged environment conditions.

Another highlight of EBOX-7000 is the SINTRONE self-developed technology SINSmart – it provides reliable monitoring of network-connected remote power control devices, Power over Ethernet (PoE) switches and UPS for power management. It has remote monitoring of voltage, UPS delay setup and Digital, IO/WDT/System temperature control. This feature supports edge ai gpu computing with reliable remote connectivity. Furthermore, it has automatic recovery short circuit protection and vehicle power ignition for variety vehicles. Includes an optional battery backup kit (SINTRONE patented technology), for continuous operations, providing an extra 10 minutes after power drain or failure of the main power source to increase the reliability of the system.

Key Features:

  • Intel 9th Gen Core i7/ Intel 8th Gen Core i7/i5/i3
  • 1 x PCIe 3.0 x16 Interface Expansion (optional 2 x PCIe 3.0 x8 Interface)
  • 6 x RJ45 GbE (optional 4 x PoE Max. 100W)
  • 8 x GPI, 4 x GPO and 2 x RS-232/422/485
  • 1 x DP + 1 x HDMI + 1 x DVI-I (Single Link w/o Analog Video)
  • Dual Hot Swappable SATA Storage RAID 0,1,5
  • 9-48V DC Input and Operating Temp.: -40~70°C
  • TPM 2.0

For more information, please visit www.sintrones.com, Products / Edge AI GPU Computing.

About SINTRONES

SNTRONES is a world-renowned and ISO 9001 & IRIS ISO/TS 22163 certified company of in-vehicle computing system products. We are dedicated to provide our customers with high quality system products that meet international traffic standards certification, including EN50121, EN50155, E-Mark, IEC60945, IACS E10, DNV and MIL-810. SINTRONES in-vehicle computing solutions have been widely adopted and approved by many well-known international brands and companies in industries.

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PR Newswire

The 18th CIEP is Coming Soon to Build a Global Technological Innovation Community

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SHENZHEN, China, Aug. 22, 2020 — To keep pace with times and share "China’s opportunities," the 18th Conference for the International Exchange of Professionals (hereinafter referred to as CIEP), sponsored by the Ministry of Science and Technology of China and the People’s Government of Shenzhen Municipality and hosted by Shenzhen Center for International Exchange of Personnel, will be launched. With its official website as the hosting place, the CIEP will use high technology to create a new exhibition mode, namely, integrated "online conference with offline activities," and an "internet convention and exhibition."

Gathering over the "Cloud" to explore development

Due to COVID-19, the 18th CIEP will adopt online meeting as the platform for the conference, and set up functional zones including Virtual Exhibition Hall, Project Docking, Guest of Honor, Online Recruitment, etc., to gather global users over the "Cloud" and share the new trend of international professionals’ exchange.

It is reported that the Virtual Exhibition Hall, with cutting-edge AR/VR/3D technology to create up street-view exhibition areas, will present immersive experience for the attendees. The Online Recruitment area gives play to advantages of various HR service organizations to demonstrate their whole-process, one-stop, contact-free recruitment methods. The innovatively launched "Project Docking Talent-Show" platform will overcome the limits of time and space for professionals, projects, and funds, enabling zero-distance interactive communication.

Breaking boundaries to connect for win-win results

Since its inception in 2001, the CIEP, as a international, and comprehensive talent and intelligence exhibition open to overseas experts, training institutions, technological innovation talents, has been successfully held for 17 years.

Each year, it attracts professional organizations from over 40 countries and regions and there were more than 35,000 overseas experts, students, and professionals. Over 10,000 projects were successfully implemented.

Nowadays, CIEP has become a bridge for in-depth cooperation between other countries and China. Russia, as the Guest of Honor this year, will showcase the achievements of technological innovation and talent exchange with China online, providing the best platform for the two countries to seek cooperative opportunities.

A Chinese market, more open to international collaborations, will form more positive interactions with the world, resulting in a more progressive and prosperous international market. Let’s join the CIEP to promote the establishment of a global community eager to forward technological development, and share "China’s opportunities" which welcome technological progress and innovative development.

Contacts: CIEP, Wang Chan, wangchan@ciep.gov.cn

PR Newswire

Hong Kong SFC Issues Approval-in-Principle to OSL for Virtual Asset Automated Trading and Brokerage Licenses

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  • OSL receives approval-in-principle for Types 1 and 7 license applications
  • Licenses will allow STOs and automated digital asset trading  
  • Company on track to become world’s only listed, licensed, insured and audited digital asset platform

HONG KONG, August 22, 2020 — OSL, Asia’s leading digital asset platform and member of BC Technology  Group (stock code: 863 HK), today received an approval-in-principle for its application to operate a virtual asset trading platform under a license for Type 1 (dealing in securities) and Type 7 (automated trading service (ATS)) regulated activities under the Securities and Futures Commission ("SFC") virtual asset licensing framework in Hong Kong.

Once the conditions for final approval are satisfied, the license will permit OSL to operate a brokerage and automated trading service for digital assets, including security tokens ("STOs"). The company is on track to become the world’s only publicly listed, licensed, insured and Big-4 audited digital asset platform.

This follows the November 2019 announcement by the SFC of its ground-breaking regulatory framework for digital asset trading platforms that included requirements on hot and cold digital wallet insurance, client asset segregation, know-your-customer, anti-money laundering, maintenance of orderly markets and other digital asset-specific controls.

"Securing approval-in-principle for a virtual asset trading platform license in Hong Kong, inclusive of security tokens, underscores our commitment to comprehensively addressing the demands of institutional investors," said BC Group CEO Hugh Madden.

"Until now, traditional finance has been observing this asset class with interest, but lack of regulatory clarity has so far discouraged participation," said Madden. "Licensing is a game-changer, because it provides certainty and confidence to investors, unlocking massive participation as it drives the increasing use of our platform by the global institutional investor community."

The SFC framework continues to be the only licensing framework within the top international financial centers that fully integrates the specific requirements for digital asset platforms alongside traditional rigorous securities regulations. Because of this unique integrated framework, clients of a Hong Kong licensed digital asset trading platform can enjoy all the protections and safeguards they have become accustomed to in traditional finance, and can also take comfort in additional protections under the new regime that have been tailor-made for the new asset class.

OSL CEO Wayne Trench added: "The SFC displayed impressive foresight in 2017 when it embarked on developing an ecosystem for professional and institutional traders to invest in digital assets. Recent global regulatory developments, emerging sovereign digital currency trials and increasingly cashless societies, exemplify that digital assets are today’s reality and not some distant dream. Both Hong Kong and OSL are well-positioned as institutional participation continues to accelerate in the coming months and years."

The OSL digital asset platform business experienced exceptional growth and performance in 2019, and in the first half of 2020. In its interim results announcement on 12 August 2020, BC Group stated it had experienced a year-on-year revenue increase of 47%, driven mainly by record annualized trading volumes of USD28 billion achieved during the first six months of the year.

About the OSL Platform and BC Technology Group

Backed by BC Technology Group (stock code: 863 HK), Asia’s only listed, licensed and ‘Big-four’-audited digital asset and fintech company, OSL is Asia’s largest digital asset platform, providing prime brokerage, custody, exchange and SaaS services for institutional clients and professional investors.

The company offers OTC, iRFQ and electronic trading services giving traders access to the world’s deepest liquidity pools, digital asset borrowing and lending, as well as secure, insured wallets to ensure the safekeeping of digital assets with timely transaction settlement. OSL is the trusted gateway to the digital asset economy.

For more information: bc.group  and osl.com.

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PR Newswire

Baidu Opens Apollo Go Robotaxi Service to the Public in Cangzhou

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Users now can hail a robotaxi from train stations, hotels, and other public spaces in one easy click

CANGZHOU, China, August 21, 2020 — Baidu (NASDAQ:BIDU) today opened the Apollo Go Robotaxi service in Cangzhou, Hebei province, extending robotaxi coverage to the downtown area of a city for the first time in China. The launch marks a significant milestone in Baidu’s development of autonomous driving technology and its aim to bring about the era of intelligent transportation.

With Apollo Go, people in Cangzhou can hail a robotaxi ride from train stations and other public spaces.
With Apollo Go, people in Cangzhou can hail a robotaxi ride from train stations and other public spaces.

At first, the Apollo Go Robotaxi service in Cangzhou covers 55 pick-up and drop-off stations across the city, including train stations, schools, hotels, museums, business and industrial areas, and other public spaces. The launch in Cangzhou comes after Baidu opened robotaxi services in a 130 square kilometer region of Changsha, Hunan province, in April this year. By servicing busy areas of Cangzhou, Apollo Go is making autonomous driving technology more accessible—and helpful—to users as they go about their daily lives.

People in Cangzhou can easily hail a free robotaxi ride through one click on Baidu Maps. For example, visitors to Cangzhou could hail a robotaxi after getting off the train to take them to their hotels. With safety a top priority, a human operator is assigned to each vehicle to take control of the autonomous system as a backup.

The launch of Apollo Go in Cangzhou follows years of extensive testing and trial operations across several cities. Technological progress now enables robotaxis to safely operate in busier areas that have more variables for the autonomous driving system to process. In addition to the operations in Changsha and Cangzhou, Apollo continues to conduct manned autonomous driving tests in Beijing, Chongqing, and other cities.

Cangzhou is a strategically important city, located within the Beijing–Tianjin–Hebei region and on the Beijing–Shanghai corridor. In recent years, it has invested heavily in the development of intelligent network technology to facilitate the rollout of autonomous driving. Cangzhou was the first city in northern China to allow manned autonomous driving tests and has built one of the largest road networks for testing autonomous vehicles. Baidu reached a strategic cooperation agreement with Cangzhou to promote autonomous driving in September 2019. In November, the city opened certain road networks for manned autonomous driving testing, and Baidu Apollo’s fleet began testing with passengers shortly afterwards.

The ability of autonomous vehicles to operate in busier areas of a city is a result of Baidu’s continuous innovation. In 2019, Baidu Apollo and FAW Group jointly developed Hongqi EV, the first pre-installed and mass-produced L4 autonomous driving vehicle in China, and launched trial operations in Changsha in September.

Baidu Apollo is the world’s largest autonomous driving open platform. The Apollo fleet includes around 500 autonomous driving vehicles that have driven over 6 million kilometers and safely carried more than 100,000 passengers. Apollo now holds over 150 autonomous driving road test licenses and more than 1,800 intelligent driving patents globally.

About Baidu

Baidu, Inc. is a leading search engine, knowledge and information centered Internet platform and AI company. The Company’s mission is to make the complicated world simpler through technology. Baidu’s ADSs trade on the NASDAQ Global Select Market under the symbol "BIDU". Currently, ten ADSs represent one Class A ordinary share.

Media Contact 

Intlcomm@baidu.com

 

PR Newswire

Color Star Technology Co., Ltd. Announces Press Conference for Color World APP to be Held in Beijing, China on September 2

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NEW YORK, Aug. 21, 2020 — Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", "we" or "HHT"), a company engaged in the business of providing knowledge-paid services, today announced that the upcoming press conference of the Color World APP will be held as scheduled on September 2, 2020.

Independently developed by the world’s top software development team, the Color World APP is a proprietary and comprehensive online entertainment knowledge learning platform. At the same time, the platform has begun to establish a collection of celebrity tutors and materials. These celebrity tutors are teaching entertainment courses in multiple fields and the courses will be gradually launched on the Color World APP.

The Color World APP also departs from the traditional entertainment teaching style in a single field, but covers a variety of entertainment fields. Our courses encompass music production, song creation, film performance, script creation, professional sound engineers, lighting engineers, etc. This APP invites world-renowned stars and directors to interact with users. In addition to their professional knowledge and skills, industry leading professors will also share with you their insights based on years of performing experience. This APP is more than a learning platform but also a means of dialogue with the masters to gain their wisdom and receive unique feedback.

Mr. Biao Lu, CEO of Color Star Technology Co., Ltd. comments "The Color World APP not only delivers cultural and entertainment education quickly and effectively through the Internet, but also provides various commercial platforms to offer investors a wide range of business opportunities and communication channels. More detailed on-site introduction of the APP will be available at the press conference on September 2. We hope you would tune in."

About Color Star Technology Co., Ltd.

Color Star Technology Co, Ltd. (Nasdaq: HHT) offers online and offline innovative knowledge-paid services for music and entertainment industries globally. Its official website is www.colorstarinternational.com. 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.

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include the business plans, objectives, expectations and intentions of the parties following the completion of the acquisition, and HHT’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty due to the COVID-19 pandemic and the impact it will have on HHT’s operations, the demand for the HHT’s products and services, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the other public filings with the Securities and Exchange Commission (the "SEC") by HHT. Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended June 30, 2019. HHT’s SEC filings are available publicly on the SEC’s website at www.sec.gov. HHT disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Color Star Technology Co., Ltd.
Contact: Investor Relations
FinancialBuzzIR™
info@FinancialBuzzIR.com
Tele: +1-877-601-1879

 

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FarEye Raises USD 37.5 Mn In Series D Funding To Expand Its Delivery Logistics Platform Used By DHL & Amway

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  • The Fundamentum Partnership & KB Global Platform Fund Invest In FarEye 
  • FarEye accelerates its global expansion as enterprises move towards customer-centric supply chains  

SINGAPORE, Aug. 21, 2020 — FarEye, a leading logistics SaaS platform for predictive visibility, today announced that it has raised additional USD 13 Mn as an extension to its Series D investment led by The Fundamentum Partnership, the growth-capital fund for mid-stage technology companies in India backed by Nandan Nilekani and Sanjeev Aggarwal and KB Global Platform Fund, one of the leading investment firm of Korea. The investment will accelerate FarEye’s global expansion to address the steepening digital curve for logistics transformation. The need is being further accelerated by enterprises and end consumers demanding a high level of transparency, faster and more convenient delivery experiences. There is also an increased need for flexible supply chains to meet these demands.

FarEye works with its enterprise customers to provide higher control on their supply chains and offer a superior delivery experience to their end customers. The company’s technology platform digitizes the way enterprises dispatch, execute, track, and optimize the movement of goods, enabling enterprises to lower logistics costs while delighting end consumers.

"The support and trust of our investors, customers, and partners underpin our deep desire to make logistics better for brands, their customers, and the environment. We are seeing a surge in the need for real-time visibility in logistics for businesses to build customer-centric supply chains. With recently raised funds, we will continue to invest in the best talent in the Americas, Europe, and APAC to support our hyper-growth in these regions. With a vision to make FarEye one of the most customer-centric organizations globally, we aim to make every delivery delightful for the consumers," said Kushal Nahata, CEO, FarEye.

Commenting on the investment Sanjeev Aggarwal, Co-founder of Fundamentum, said, "Investment in the logistics space is essential for the economic growth of any nation. FarEye has captured the pulse of this industry and has all the ingredients to head towards global leadership. I believe in the founders and the team has the clarity of vision. We are excited to partner with FarEye in its journey to create a global technology leader in the logistics space."

This is the second time this year that FarEye has been able to raise funds to support its hyper-growth in global markets, making it a total of USD 51 Mn investment so far. In April, FarEye had raised USD 24.5 Million in Series D from M12 (Microsoft’s venture fund) with participation from Eight Roads Ventures, Honeywell Ventures, and existing investor SAIF Partners.

With a clear mandate to establish Singapore as their hub for international expansion, FarEye recently named Singapore-based ex-Blue Yonder Veteran Amit Bagga as its Chief Revenue Officer. His appointment comes as FarEye undertakes aggressive plans for global expansion. Bagga has established FarEye’s field headquarters in Singapore with investments in sales, solutions, services, and customer success teams, and continues to accelerate investments in the company’s expansion into Europe and the Americas.

"Logistics is the backbone of any given economy, and yet it has been a difficult space to innovate.  We are excited to partner with FarEye as it paves the way for its enterprise customers such as DHL and Walmart to gain flexibility as well as visibility in logistics by providing the easy-to-use platform to manage all moving parts. The newly raised capital will allow the team to deliver additional value to its enterprise customers by bringing in more global talents who will ultimately contribute to the advancement of the platform’s predictive capabilities and customer services. We look forward to FarEye’s contribution to its enterprise customers around the globe both during and post the current pandemic as seamless logistics has never been more vital to their business. We have been deeply impressed with FarEye’s response during the pandemic as a global leader in the logistics SaaS space," said Chunsoo Kim, Managing Director (Head of Global Investment Group) at KB Investment.

About FarEye- https://www.getfareye.com/

CONTACT:
Ms. Komal Puri
komal.puri@getfareye.com

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JinkoSolar Ranked as Top Solar Brand used in Debt Financed Projects and Most “Bankable” PV Manufacturer by Bloomberg New Energy Finance

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SHANGRAO, China, Aug. 21, 2020 — JinkoSolar Holding Co., Ltd. (the "Company" or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it was ranked as a top solar brand in debt financed projects and named a most "bankable" PV manufacturer by Bloomberg New Energy Finance (BNEF). Forty-nine global solar module manufacturers were ranked based on BNEF’s global survey of key PV stakeholders assessing which module brands used in projects are most likely to obtain non-recourse debt financing from commercial banks.

Survey respondents included banks, funds, engineering, procurement, and construction firms (EPCs), independent power producers (IPPs) and technical advisers involved in solar projects around the world. The survey addressed product quality, long term reliability, field deployment performance, and the manufacturer’s financial strength. JinkoSolar was considered highly bankable by 100% of the survey respondents. Further confirming JinkoSolar’s high bankability score, BNEF’s data also shows that projects using JinkoSolar modules have secured more term-loan financing than any other Chinese PV brand ever.

"As one of the leading solar module manufacturers, we are proud to be recognized once again by BNEF as a most trusted solar brand by customers, investors, and banks all over the world. This is a testament to the outstanding research, stringent quality checks and world records we have set to revolutionize the solar industry with our advanced technology, reliability, and high-quality products," said Mr. Kangping Chen, CEO of JinkoSolar. "We have invested heavily in R&D over the years and will continue to invest in the quality, proven reliability and long-term performance of our PV modules because we believe this will generate value and better returns for investors."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 17.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of March 31, 2020.

JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina.

To find out more, please see: www.jinkosolar.com 

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com

Related Links :

http://www.jinkosolar.com