ATIF Holdings Limited Announces Closing of USD$4.0 Million Registered Direct Offering

SHENZHEN, China, Nov. 6, 2020 — ATIF Holdings Limited (Nasdaq: ATIF, the "Company"), a company providing business consulting and multimedia services in Asia, today announced that it has successfully closed the previously announced registered direct offering of 4,347,826 of its ordinary shares at a purchase price of USD$0.92 per share. The Company has also issued to the investors unregistered warrants to purchase up to an aggregate of 4,347,826 of its ordinary shares at an exercise price of USD $1.10 per share, subject to adjustment, in a concurrent private placement.

The gross proceeds from the offering were approximately USD$3.47 million, and will be used by the Company for working capital purposes, expanding existing businesses or acquiring or investing in businesses, debt reduction or debt refinancing, capital expenditures and other general corporate purposes.

FT Global Capital is acting as the exclusive placement agent for the offering.

The ordinary shares described above (but not the warrants or the ordinary shares underlying the warrants) were offered and sold by the Company in a registered direct offering pursuant to a "shelf" registration statement on Form F-3 (Registration No. 333- 239131), including an accompanying prospectus, previously filed with, and declared effective by, the Securities and Exchange Commission (the "SEC") on September 21, 2020. The offering of the ordinary shares only was made by means of a prospectus supplement. A final prospectus supplement and accompanying prospectus relating to the registered direct offering was filed with the SEC and is available on the SEC’s website located at http://www.sec.gov.  

The warrants described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Act"), and Regulation D promulgated thereunder and, along with the ordinary shares underlying the warrants, have not been registered under the Act, or applicable state securities laws. Accordingly, the warrants and the underlying ordinary shares may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About ATIF Holdings Limited

Headquartered in Shenzhen, China, ATIF Holdings Limited ("ATIF") is a company providing business consulting services to small and medium-sized enterprises in Asia and North America, including going public consulting services, international business planning and consulting services, and financial media services. ATIF operates an internet-based financial consulting service platform IPOEX.com, which provides prestige membership services including online capital market information, pre-IPO education and matchmaking services between SMEs and financing institutions. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. Through its majority-owned subsidiary, Leaping Group Co., Ltd., ATIF also provides multimedia services and is engaged in three major businesses, including multi-channel advertising, event planning and execution, film and TV program production and movie theater operations. ATIF operates the largest pre-movie advertising network in Heilongjiang Province and Liaoning Province of China and also provides advertising services in elevators and supermarkets. ATIF is often hired to plan both online and offline advertising campaigns and to produce related advertising material. In addition, ATIF invests in films and TV programs and distributes them in movie theaters or through online platforms. ATIF is also one of majority shareholders of AeroCentury Corp. (NYSE American: ACY) which is an independent global aircraft operating lessor and finance company specializing in leasing regional jet and turboprop aircraft and related engines to airlines and commercial users worldwide. For more information, please visit https://ir.atifchina.com/.

Forward-Looking Statements

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantee of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, income, expenditures, cash balances and other financial items; ability to manage growth and expansion; current and future economic and political conditions; ability to compete in an industry with low barriers to entry; ability to continue to operate through our VIE structure; ability to obtain additional financing in the future to fund capital expenditures; ability to attract new clients and further enhance brand recognition; ability to hire and retain qualified management personnel and key employees; trends and competition in the financial consulting services industry; a pandemic or epidemic; and other factors listed in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the anticipated results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management’s beliefs and assumptions only as of the date such statements are made. These forward-looking statements are made as of the date of this news release.

 

Related Links :

https://ir.atifchina.com/

iQIYI to Report Third Quarter 2020 Financial Results on November 16, 2020

BEIJING, Nov. 6, 2020 — iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that it will report its financial results for the third quarter ended September 30, 2020 after the U.S. market closes on November 16, 2020.

iQIYI’s management will hold an earnings conference call at 7:00 PM on November 16, 2020, U.S. Eastern Time (8:00 AM on November 17, 2020, Beijing Time).

Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.

Participant Online Registration:  http://apac.directeventreg.com/registration/event/2948288

It will automatically direct you to the registration page of "iQIYI Third Quarter 2020 Earnings Conference Call", where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter "2948288".

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.

A telephone replay of the call will be available after the conclusion of the conference call through November 24, 2020.

Dial-in numbers for the replay are as follows:

International Dial-in  

+61 2 8199 0299

Passcode:

2948288

A live and archived webcast of the conference call will be available at http://ir.iqiyi.com/.

About iQIYI, Inc.

iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, professional user generated content and user-generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, online games, live broadcasting, IP licensing, talent agency, online literature and e-commerce etc.

For more information, please contact:

Investor Relations
iQIYI, Inc.
+86-10-8264-6585
ir@qiyi.com

Related Links :

http://www.iqiyi.com

CtrlS appoints Industry Veteran Bill Barney to its Board of Directors


HYDERABAD, India, Nov. 6, 2020 — CtrlS, Asia’s Largest Rated-4 Hyperscale Datacenter company, announced the appointment of William (Bill) Barney to its Board of Directors.

CtrlS appoints Industry Veteran Bill Barney to its Board of Directors
CtrlS appoints Industry Veteran Bill Barney to its Board of Directors

 

Sridhar Pinnapureddy, Founder and CEO, CtrlS, said, "We are delighted to announce Bill Barney’s entry into the CtrlS Board. His extensive global experience across the data center and telecom sectors will be an asset to CtrlS as we roll out datacenters in emerging markets globally. We look forward to Bill advising the company as we continue to build and scale our business by establishing hyperscaler datacenters around the world."

An ICT industry veteran, Barney is Chairman & Managing Partner of Asian Century Equity. He was former Chairman & CEO of Global Cloud Xchange and CEO of India-based Reliance Communications. Since 2017, Bill has received numerous recognitions for his industry leadership including DataCloud Asia’s Data Center Achievement and Thought Leadership awards. Bill also served nine years as CEO of Pacnet, Asia’s leader in submarine cables, where he achieved industry-leading growth.

"I am pleased to join the CtrlS board during this strategic stage of growth and expansion," said Barney. "The company is already making a significant impact on the data center sector globally. With India at the forefront of best-in-class data center development for the emerging markets, CtrlS and its subsidiary Cloud4C are well positioned to embrace global growth in alignment with the rapid changes of digital transformation."

Today CtrlS Datacenters operates seven Rated-4 Hyperscale Data Centers in India spread across Mumbai, Delhi Region, Bangalore and Hyderabad. The company has initiated its construction for its 300 MW Rated-4 Hyperscale Data Center Park in Mumbai. In addition, the company will soon commence construction of its 2 million square feet Rated-4 Hyperscale Data Center Park in Hyderabad spread across 20 acres. Plans are also underway for a Rated-4 Hyperscale Data Center in Chennai.

About CtrlS:

CtrlS is Asia’s Largest Rated 4 Hyperscale Data Center company serving 60 of the Fortune 500 Companies including 4,000 customers worldwide. The company is emerging as World’s Largest Rated 4 Hyperscale data center. It operates one million square feet of data center space spread across seven data centers located in Mumbai, Noida, Bangalore and Hyderabad. The company has zero down time record since inception. CtrlS Mumbai data center facility is certified as World’s first LEED Platinum certified v4 O+M data center by United States Green Building Council (USGBC). CtrlS has initiated its plan to expand its footprint by 5 million square feet in major cities such as Navi Mumbai (2 Mn), Hyderabad (2 Mn), and Chennai (2 Mn).

About Asian Century Equity:

Asian Century Equity (ACE) is an independent investment group focused on high growth Asian emerging markets telecom and technology assets. Founded in 2013, ACE brings leading investment funds together with financial and operational expertise to further leverage high-value opportunities across the region. ACE’s portfolio comprises of companies at late start-up stage with steady EBITDA and revenue growth. www.asiancenturyequity.com

Media Contacts:

B.S.Rao                                                              
CtrlS Datacenters Ltd
srinivasrao.b@ctrls.in                                                                                             

Lorain Wong
Asian Century Equity
lorain@asiancenturyequity.com

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Hytera Launched Latest Ultra-thin, Smart Bodycam VM580D

SHENZHEN, China, Nov. 6, 2020 — Transparent law enforcement is increasingly becoming a hot topic, not only in public safety, but also in many other areas, such as court evidence collection, security protection, industrial and commercial law enforcement, power and energy, forest protection, environmental protection, banknotes, etc. Body Worn Cameras can provide effective evidence for restoring the truth, become the equipment for ensuring transparent law enforcement.

At CCWeek 2020, Hytera launched the latest ultra-thin smart 4G body worn camera which can help users achieve verifiable law enforcement.

Hytera's Latest Ultra-thin, Smart Bodycam VM580D
Hytera’s Latest Ultra-thin, Smart Bodycam VM580D

20mm ultra-thin body, super-light and user-friendly

The 20mm ultra-thin body and ergonomic design makes it easy to wear. This design can also help frontline personnel feel comfortable and flexible on the job even if wearing it whole day. The 2.0-inch touch screen and minimalist UI interface enables the operations more convenient and simpler. The large PTT button, separate alarm button and instant SOS in emergencies feature ensure the safety of law enforcement personnel.

High-resolution video recording all details and restores evidence

Video recording is the most important and fundamental function of body worn cameras. The VM580D can film 1080P videos with infrared night vision feature. This can even meticulously distinguish facial features and profiles very clearly at distances of 5 meters to 10 meters in the dark. The 110° ultra-wide lens is equipped with a distortion reduction algorithm to accurately collect more details on sites. The 30s pre&post event recording feature can help the process and details of the incidents be recorded truthfully and more completely. Moreover, VM580D supports video uploading via LTE network while recording, achieving visualized command and dispatch during law enforcement process.

Benefits from Hytera PoC system, VM580D can easily carry out convergence communication with broadband or narrowband terminals via LTE network and help users improve the efficiency of command and control tasks.

Global positioning, rapid indoor and outdoor positioning, and real-time tracking of frontline personnel

VM580D supports global positioning configuration, such as GPS, GLONASS, AGPS and indoor Bluetooth positioning. Even in parking lots, tunnels, underground shopping malls and other places with poor signals, it can track the location of frontline personnel in real time which can help end users complete tasks more conveniently and efficiently.

In addition, it is equipped with a 3000mAh battery, which supports more than 8 hours of continuous video recording. It is IP68 dustproof and waterproof, and can withstand 2m drop resistance.

VM580D adopts an encryption chip, with AES256-bit encryption algorithm and data auto saved feature in emergency.

An end to end solution that delivers on customer needs

In addition to body worn cameras, Hytera can provide a complete solution for end-to-end equipment management and data collection, storage, query, and analysis. Smart MDM remote management solution for mobile devices can manage body worn cameras in batch, as well as program and upgrade devices remotely, thus reducing the maintenance time and significantly reducing manpower investment.

The Integrated Device Station (IDS) can collect, view, playback, archive, and log data in body worn cameras. The Digital Evidence Management (DEM), serving as the management hub of data in body worn cameras, can summarize data collected by multiple IDS, helping users quickly build a massive data management system, to store, query and analyze evidence. Throughout the entire data collection and management process, the complete authorized information ensures that information will not be leaked. Together with VM580D’s security encryption chips and AES256-bit encryption algorithm, the law enforcement department can avoid unauthorized usage and deletion of evidence files, which can ensure the authenticity, integrity, and independence of law enforcement works.

Hytera had already launched the VM780 and the VM550D body worn cameras over the past two years. Hytera can provide a variety of products in different scenarios. According to your different requirements and usage scenarios, you can choose the most suitable product.

To watch the product video of VM580D, please visit https://pardot.hytera.com/l/860473/2020-11-06/bfwwx

If you want to know more about Hytera products and solutions, please visit https://pardot.hytera.com/l/860473/2020-11-06/bfmdj

HUAWEI Y6P In-Depth Review – Another Missed Opportunity

It has been more than a year since the United States of America vs. HUAWEI debacle. That issue has affected the smartphone industry a major way. HUAWEI is not just banned from the United States of America (U.S.A.), but vendors from the country are not allowed to deal with HUAWEI. That also means that HUAWEI loses the majority of their suppliers and clients alike. The lose important partners like Google. That loss of support also means that modern HUAWEI devices for 2020 does not come with Google’s Play Store.

It started with the HUAWEI Mate 30 series introduced last year, the HUAWEI AppGallery. That app aggregator is supposed to replace the missing Google Play Store on HUAWEI devices, a sort of filling for a hole left by Google. AppGallery was not perfect though, far from it. It is still only the third biggest app ecosystem in the world at this point. While that may not seem to be entirely a bad thing, you have to remember that there were two major superpowers in the app ecosystem, and they are leading in the region of billions of apps available to users. The HUAWEI AppGallery, in contrast, has not even hit 100,000, in app population.

This also means that all HUAWEI devices are a little crippled when it comes out of the box. Surprisingly though, Malaysia holds itself as HUAWEI’s biggest market outside of China. Proof? The HUAWEI Mate 30 series’ first batch to Malaysia sold out within the first day.

Those are flagships with very compelling hardware to go though, the Mate 30 devices. They embody the best of HUAWEI and the latest of their innovations in almost every aspect. What about the more budget options? What about a HUAWEI Y6P, for example?

The HUAWEI Y6P is an MYR 559 package that seems basic enough to be a secondary smartphone. It is even wallet friendly enough that it could be your kids’ first smartphone. But is this a better buy than, let us say, a Xiaomi Redmi 9 for example? Is it a good buy at all, since you still do not get Google Play Store on the device? We delve in and find out.

Design

By now, if you are a regular, you should know that we like to start by looking at the entirety of the device and see if it is anywhere near attractive enough to make it into our pockets or not. In reality, smartphones look pretty much the same most of the times now. The HUAWEI Y6P is two slabs of thin and ultra-strong glass panels stuck together with nothing more than glue on what seems to be its aluminium chassis.

At least it looks modern with bezels so thin, you could get a papercut (not really, but you get the point). The lip bezel at the bottom of the device seems to be a little thicker to suggest that the display is perhaps not as high-end as you want it to be. It is a budget package that costs well under MYR 1,000 after all.

You pull your gaze further up the display and everything looks sublime until you reach the top of the device. You spot an old school notch that houses a front-facing camera. While the front-facing camera notch is not something from a decade ago, it still feels a little old compared to modern smartphones of today; a little old-fashioned.

Not that it is a bad thing though. The little notch is a still an elegant and valid solution to the near bezel-less displays of today. Still, we are never huge fans of notched displays or punch-hole displays.

You move to the back, and you see pretty much what you can expect from a modern smartphone. You see a multi-camera set up surrounded by the usual glass or plastic material. In the case of the HUAWEI Y6P, you see a triple-camera set-up surrounded by glass.

There is another old-fashioned feature on the device too, at the back. There is a proper, physical dip for a fingerprint sensor. These days you get plenty of devices with their fingerprint sensor under their displays. In our opinion, the old physical fingerprint sensors are still the best to work with. They are still more accurate and faster compared to the modern under-display fingerprint readers.

Thing is, while this looks like a device that is a whole lot older than modern flagships, the design cues on the device is common in a non-flagship that sets you back less than MYR 1,000. The traditional fingerprint sensor out the back of the device, the notched display, and the fat bottom lip of the bezel are not that old as well. In fact, we saw these designs two years ago at most. Most of these design decisions were also made to counter one or two problems with trending designs at the time if you think about it.

Underneath the glass at the back is a unique design that looks like a wave under the lights. Again, this is the sort of design you can expect from smartphones from last year and two years ago maybe. That does not mean that it does not look good though.

The unit we have is a Phantom Purple variant, and we quite like the patterns from the glass back of the device. We think that some flagships should come with these kinds of backing instead of entry-level or mid-range devices. Still, we suspect that this kind of look might not age well.

Overall, there is nothing really that stands out for the device. It looks plain and simple enough to pass as a smartphone. It looks perfectly fitting as a secondary smartphone, a spare smartphone, or your kids’ first smartphone. The price fits too.

Hardware

Unlike its more premium siblings, the HUAWEI Y6P has to make do with a MediaTek MT6762R System on a Chip (SoC). It is still an octa-core processor though, which means it should still be a capable machine. Multi-core also means that this should be able to run most mobile made apps and processes smoothly and quickly enough. Of course, again, it will not be perfect. It only packs 4GB in RAM and its display is not even a Full HD+ panel.

Specifications

ProcessorMediatek MT6763R Helio P22
Octa-core 12nm
4x Cortex A53@ 1.5GHz
4x Cortex A53 @ 2.0GHz
Graphics Processing Unit (GPU)PowerVR GE8320
RAM4GB
Memory (as tested)64GB
MicroSDXC slot
DisplayIPS LCD 6.3-inch
1,600 x 720 pixels ~278ppi
Operating SystemColorOS 7.1 based on Android 10
BatteryNon-Removable Li-Po 5,000mAh
Fast Charging 10W
ConnectivityDual SIM
Wi-Fi WLAN 802.11 a/b/g/n/ac/ax
GPS/A-GPS, GLONASS, GALILEO, BDS
A2DP
Bluetooth 5.0 LE
OTG Support
MicroUSB
Camera (s)REAR:
13-Megapixel (f/1.8, wide angle)
5-Megapixel (f/2.2, ultra-wide angle)
2-Megapixel (f/2.4, depth sensor)
HDR
Full HD 1080p video recording (30fps)
FRONT:
8-Megapixel (f/2.0)
Full HD video recording (30fps)
SensorsAccelerometer
Proximity
Fingerprint
Ambient Light
Gyroscope
Face Unlock
Compass

User Interface

Nope, it does not run HUAWEI’s proprietary operating system (OS). It is still the very familiar EMUI 10.1 that is based on Android 10. There is no word yet on EMUI 11 that should be based on Android 11. Still, Android 10 is still a very capable OS by Google.

Again, sadly there is no Google Play Store available here. You cannot even install Google Play Services and Framework for that matter. Which also means that while it is an Android device, it is devoid of plenty of apps and functions that makes an Android device an Android device.

HUAWEI AppGallery – an Improvement, But Not Google Play Store Replacement

We have to give it to HUAWEI and the team that is responsible in responding to the whole issue with not having Google Play Store. They have been doing a good job maintaining a straight face in the whole crisis and developed the HUAWEI AppGallery anyway. Like EMUI, the app marketplace has gone from strength to strength and has become a unique app marketplace on its own.

Of course, they like to point out that the AppGallery is now the third largest app marketplace there is in the world. Take it with a pinch of salt though. They are currently not up against huge players in the market. There are only two other large names in the field of distributing mobile apps to the world. Those two names are, of course, Google and Apple.

Still, that claim to third should not be discounted too much though. The AppGallery is growing consistently. We do not think that it will ever reach the heights and the sizes that are the Google Play store and Apple App Store in the next five years. We even hope that a change in the U.S.A. political conditions might allow Googe’s Play Store to find its way back to HUAWEI’s devices.

That is not to say that AppGallery is not a pleasant space to be though. There are apps that you are used to that will not be there, and there are apps that you will not normally use recommended to you. There is also something they call QuickApps within the app.

You can have WhatsApp on your smartphone and even Facebook on the HUAWEI Y6P via the AppGallery. They are not exactly on the app though. They are still the official download links on the official app, so you are quite safe. On the AppGallery as well, you can find iflix as well, if you want, or Viu, if you prefer that. You can download and get Netflix to work, but not via AppGallery, so you are using the app at your own risk as well.

Most importantly though you still can find shopping apps like Shopee and Lazada on the AppGallery, and almost all the banking apps in Malaysia. This is important because that also means that there is some localisation going on here.

EMUI 10.1 – The HUAWEI Ecosystem, on the Front Page

It is not all bad though. EMUI 10.1 is still and Android based OS. You see the marks of Android on it too like widgets and folders. It is the familiar EMUI that you know from before too (if you are familiar with EMUI). It does not feature an app menu tray, and it never will.

Like any modern Android, EMUI 10.1 feels smooth, snappy, and easy. You can get it to work with gestures from the beginning if you want to. That also means that there are no visible buttons to work with. Instead you swipe from the left or right to go ‘back’, swipe up to quickly go back to ‘home’, and hold after you swipe up for ‘recent apps’.

What that does is make your home screen looks much cleaner and a lot more expansive. But a device with no clear buttons might be confusing to some people, trust me plenty of friends gets confused on how an Android works these days. We do think that gesture control is still the way to go though.

The EMUI 10.1 on this device is a little different from the EMUI 10.1 of a flagship device though. Of course, that is to accommodate for the hardware present on the device. At the same time too, of course you are not going to get the full EMUI experience with this one, it is a sub MYR 1,000 device.

Some of things missing from EMUI on this device is things like HUAWEI Share and Multi-Screen Collaboration. Oh yes, it does not get Meetime as well, sadly. Or even air gesture controls like the HUAWEI P40 series.

So, what you are getting here is not really the full EMUI 10.1 that you get on flagship devices. Instead, it is the simplified version, the basic version that does just what you need a regular smartphone needs to do. It texts, it calls, and it plays videos, and that is just about it.

But it is not just because HUAWEI wants to encourage you to spend more money on your smartphones for all these features though. It is because they want you to buy this device as your secondary device, or just simplify it enough that it can truly be your first smartphone experience. That is why EMUI is simplified, for a simple device.

It does not have NFC, so why do you need HUAWEI Share? You might not need to use it on your PC or tablet, since it is a secondary device, so multi-collaboration is not needed. Air gesture would be clever and useful, but the hardware requirements will make it a lot more expensive that it is, so no. Camera? As an added bonus, the software will not be the bottleneck of the device, which also means you still get a smooth Android experience without spending an arm and a leg for it.

In that sense, the HUAWEI Y6P has done EMUI right. Our experience with the HUAWEI Y6P has been a smooth one. There are some noticeable lags here and there and plenty of apps open slower than what you can expect from flagship device. That is quite expected though, coming from a budget device. In that case, if you rely on your device for work that much and need to load a custom app quickly, maybe you want to consider using that app on your daily carry instead. We are quite confident that it will still run okay without any issues if you give it time though.

Sure, there are plenty of things that you might not be able to do with the HUAWEI Y6P over more expensive HUAWEI devices. Again, this is a budget device that is designed for a completely different market in mind. Expecting this to perform like a flagship device is quite unrealistic to begin with. The only drawback is that you do not have Google Play Store with it. But there are workarounds for that as well, if you are willing to take some risks and go through a little bit of hassle. Of course, you cannot be using any Google apps, since most Google apps need Google Framework installed, and this device does not have Google Framework installed within the system.

Performance

Of course, as we mentioned within the UI segment, you cannot expect magic to come out of the HUAWEI Y6P. It packs a MediaTek MT6762R SoC, which is not the most sophisticated or the most powerful SoC available for Android devices currently. While it is not the most powerful, it is good value and keeps the prices of the devices it powers cheap. It still has eight cores within the construction with four high-power cores and four low-power cores, the normal Big Little architecture that we see plenty of in today’s smartphone market.

It only packs 4GB in RAM as well, with 64GB in memory, to keep the device as budget friendly as possible. The amount of memory that the device has access to is also a good indication of how much processes it might be able to run at the same time. 4GB, while plenty for a mobile device, may not be adequate for high-load applications. Though, whether 4GB of RAM is enough really depends on how you work with your device.

We are not able to run any regular benchmarks for the HUAWEI Y6P because the regular apps we use for benchmarking a device does not exist on AppGallery. Downloading the apps via a third-party app aggregator works, but there is no guarantee that it works the same or is the most updated version. In that case we skip the benchmarks and continue the experience of the device.

Call Quality and Connectivity

We used the HUAWEI Y6P as our main driver. We stuck to Maxis because we are Maxis customers anyway. The device supports dual SIM capabilities, but we did not have a secondary SIM card to put into the device. It could also take a MicroSD card on the three-card slot tray, we stuck a 32GB MicroSD card in the device.

A three-card slot tray also means that you can have two SIM cards and a MicroSD card together in the device without compromise. We always thought that a flagship device should also include this kind of SIM tray, but none of the major flagships has gone this route yet. In that sense, we thought that his arrangement is the best there is.

The HUAWEI Y6P does not yet support 5G though. So, if you are trying to purchase a secondary smartphone or even a main driver that supports 5G; bad news, turn around, save up a little bit more. But 5G is not the point of this HUAWEI Y6P. 5G is not even commercially available in Malaysia just yet.

Making a call on the HUAWEI Y6P is as straightforward as making a call with any other smartphones. The layout of the buttons has never changed, the icon even looks somewhat the same with everything else in the market. That also means that it should come as a second nature to you at this point.

Of course, as a secondary device, you might want to use it for work mostly. That also means that you need to be making a lot of calls or even receive them. You are going to use this for your prime work conversation device. You will need good data signal too, to ensure you get all the messages in immediately and quickly reply.

In those departments, the HUAWEI Y6P excels as expected from a modern smartphone. Conversations are crisp and clear when you hear it from the earpiece. Unless the other person is on speakerphone, calls should not sound muddled or muted. But all those also depends on their environments.

On the other end, calls are reported to be mostly clear when there is a strong enough signal (at least one bar). Of course, with poor signal, you might get some dropped calls. In most cases in Kuala Lumpur though, you are going to be alright. The only times where signals are dropped is when you enter some basement parking areas, elevators, or known ‘black’ spots. Other than those, signals are usually more than 2 bars at a time. Of course, the other thing that you have to give credit to in modern smartphones are their dual mic configurations for noise cancellation.

If you are going to have a meeting with the device, the speakers might be loud enough that the crowd in a tiny meeting room can hear it. But not necessarily everyone in the room could have a proper conversation with the person on the other end of the line. You might want to be closer to the mics on the HUAWEI Y6P for that or get a wireless Speaker with Mic combination for conference calls.

Gaming

The HUAWEI AppGallery does not actually contain a lot of games that we play. Games like PUBG: Mobile, or Call of Duty Mobile is not available on the AppGallery, so you would have to download it via a third-party app aggregator. There is a problem with that though, you do not have Google Play Games on the device, which also means that if your progress is tied to your Google account, you have start from scratch.

If not though, you can technically get some of these games to work on the device and get your progress back with whatever you registered your accounts with. That may work for PUBG: Mobile or AOV since you can choose to use your Facebook account to save your progress with. Games like Brawl Stars, or Sky Force: Reloaded can work, but you will not have your previous progress.

When we do get them to work though, graphics are not impressive. All these things are quite expected from a device with 720p display though. PUBG also optimizes itself on difference devices, and that is why it reduced its graphical detail to ensure you get the best experience on the HUAWEI Y6P.

The thing is the device is not really made for these things. It is not made as a gaming device, not even a budget gaming device for that matter. It is made to be a value-for-money all-rounder. In that mindset, games are not on the priority list for the device.

Battery Life

This is probably the device’s best feature, considering everything else on the device is nothing to shout about. The HUAWEI Y6P packs a 5,000mAh battery. That is a larger battery size than any of the modern flagships currently. No doubt we will start seeing 5,000mAh battery packs in flagships in a few years’ time.

Still, there are no flagship at this point that packs a 5,000mAh juice pack within the device. Without a SIM card, the device could be on standby for nearly a month from a single charge. With a SIM card, you could leave it for about three days and still have enough battery to make a phone call and reply messages. You might even be able to look through your emails for a while before the battery dies. If you leave the device purely on standby with your SIM card plugged in and kept it in a WiFi environment, we believe it could even last for a whole week.

In normal use case, where we reply a few WhatsApp messages, Telegram messages, make or receive one or two phone calls, have one Whatsapp video call with a friend later in the day, and more Facebook and Instagram scrolls than anything, the device could last you about two days. The ultra-long battery life though is not only thanks to the low-powered processor that consumes little power for processes. Thanks to a lower resolution display at 720p as well, the battery life can be preserved even longer.

Display

As mentioned earlier, this only packs an HD+ 720p display, not even Full HD. That also means that when you put it against its competitors, the display of the other devices will look better and sharper. You cannot even compare them in terms of colour accuracy and aesthetics.

On its own though, you might not notice a difference between your HUAWEI Y6P and other devices at its price. Sure, there is only 1,600 by 720 pixels on board, but the 720p still looks decent. Colours are at least still sharp enough that you can enjoy YouTube (via the browser) videos on it. You can of course, enjoy Netlfix videos on the display but you cannot expect contrasts to be that great.

Of course, it is not an OLED display. While colours are sharp, they can look a little dull and washed out. Blacks are not truly black either, because this is not an OLED display. Again, nothing impressive in this department.

There is a good side to all this though. We did say the lower resolution helps in battery consumption, and that is true. Thanks to the lower power consumption in total, the device could last a little longer than its competition from a single charge. Of course, again, you might not be able to enjoy or appreciate details as much. Then again, this is not exactly an entertainment powerhouse is it?

Camera

The HUAWEI Y6P packs a 13-Megapixel main shooter supported by one 5-Megapixel ultra-wide shooter and one 2-Megapixel depth sensor. On the front is an 8-Megapixel shooter that sits pretty in the notch of the 6.3-inch display. Considering what most 12-Megapixel shooters can do today, 13-Megapixel as its main camera does not sound like a bad thing.

The thing is, the HUAWEI Y6P does not pack the same processor as its more premium siblings. The HUAWEI Y6P is also sort of a testament to the importance of processors for image processing and image quality. What you see from the 13-Megapixel sensor from the HUAWEI Y6P might shock your initial expectations to what photos should look like.

We tested it out first in a slightly darker conditions to be fair. In that sense lighting is at a premium and photos with most devices might not look good anyway. What we did not expect is how grainy and washed out the photos turn out. This is with HUAWEI’s clever AI turned on.

When there is enough lighting on your photos, they look fine. Not stellar, not breathtaking, simply fine. There is nothing to really shout about with the photos. They are not the most detailed photos or sharpest photos you can get from a smartphone. They are still useable though, and enough for Social Media use. We let the photos tell their own story though.

We are not particularly good with selfies. That is one reason why we did not upload a selfie photo for the review. The other reason is that the selfie camera is not particularly great as well. Photos look extremely washed out and cheap. They look like they are taken with a cheap polaroid with wrong the wrong colour contrast settings. Images from the 8-Megapixel sensor look soft on the edges.

Gallery

The HUAWEI Y6P – A Flawed Contender

The subheading might lead you to believe that the HUAWEI Y6P is a bad device. Let us get that out of the way first. We are not saying that it is a bad device. The HUAWEI Y6P does everything right, technically. We may not like its camera too much, but we do not expect this to replace our daily carry or even a DSLR anytime soon. It works just as it is intended.

There is nearly nothing wrong with the UI too, it is smooth and consistent. We never had anything against the UI because it is genuinely responsive. We only found that the lack of Google Play Store a little crippling.

Then there is the price. At MYR 559 (official price from HUAWEI’s Online Store), it is not expensive. If you put other devices of its class side by side though, it actually seems like a reasonable smartphone to work with. The Xiaomi Redmi 9, for example will set you back MYR 599 (equivalent spec). The OPPO A53 too is about MYR 699. Even Realme’s best offering that closely matches this device is MYR 150 more expensive. The closes thing to it is an HONOR 9CA that is MYR 549. You get 1GB less in RAM size though with the HONOR device.

We think that the HUAWEI Y6P should not be your first Android smartphone, just because it is so crippled by the lack of proper Google Play Store support. But we do think that as a second device the HUAWEI Y6P shines. Then again, you might still want Google Play Store support. In that case, the Xiaomi Redmi 9 seems like a good option.

Equiteq advises iZeno, a leading Digital Transformation player in South-East Asia, on its acquisition by Logicalis

LONDON, Nov. 6, 2020 — Equiteq is pleased to announce it has supported iZeno, one of the fastest-growing Digital Transformation and IT Services firm in South-East Asia on its sale to Logicalis, an international Digital Solutions provider, part of the Datatec Group, a global ICT solutions and Services Group operating in more than 50 countries, with annual revenues of $4.3 billion.

Founded in 2003, iZeno is a premier provider of integrated IT Solutions in South-East Asia. Headquartered in Singapore, with a team of 85 professionals, it has operations in Malaysia, Indonesia and Thailand.

This acquisition is in line with Logicalis’ ambitions to strengthen its DevOps, Cloud and Digital Transformation capabilities in high-potential markets. Logicalis Asia CEO, Lee Chong-Win comments, "There is strong alignment between Logicalis and iZeno, in terms of vision, opportunities for joint value creation and mutual focus on customer-centricity. The skills and innovation that iZeno brings to the group strengthen our core value proposition as we fulfil our mission of helping customers unlock value through digital transformation."

"Becoming part of Logicalis allows us to combine our technical capabilities and access a broader client base, while benefiting from global capabilities and support," adds Jason Lin, Co-Founder and CEO of iZeno.

Equiteq acted as exclusive financial and strategic advisor to iZeno. Co-Founder and Director Benny Ng said, "We started our journey with Equiteq in 2017 with a strategic review, and since then they have supported us effectively throughout our whole journey, helping us to navigate successfully through the many business, financial and legal challenges, and ultimately join Logicalis and kick start the beginning of a new and exciting chapter of the development of iZeno."

Jean-Louis Michelet, Managing Director of Equiteq’s Asia-Pacific, commented, "It has been a pleasure working with the iZeno team, helping them break through different glass ceilings along the way. iZeno is a top-quality player in the IT industry, and we are convinced that by joining a highly synergistic group such as Logicalis, iZeno will reach new heights in the years to come."

For more information about iZeno and Logicalis, please visit their websites https://www.izeno.com/ and https://www.logicalis.com/

Related Links :

https://www.equiteq.com/home/

https://www.equiteq.com

SmallRig Brought Lightweight Matte Box into Reality

SUZHOU, China, Nov. 6, 2020 — Today, SmallRig Lightweight Matte Box is officially launched, aiming to prevent glare interference, unveil the scene clearly and protect the lens during outdoor shooting.

SmallRig Lightweight Matte Box
SmallRig Lightweight Matte Box

SmallRig Lightweight Matte Box

Top flag is made of ultra-light carbon fiber, and the net weight of the Matte Box is only 295g.

Strong Compatibility

Designed to prevent stray or unwanted light from entering the lens, the matte box fits lenses up to 114mm in diameter. It can also be adapted to different sizes of SLR and cinema lenses by changing the lens adapter rings of 67mm-114mm, 72mm-114mm, 77mm-114mm, or 82mm-114mm. The matte box can hold two 3.4 x 4" or 4 x 5.65" filters at the same time and features independent slots to attach the filters more stably.

Delicate Design

Filmmakers can pull out the filters easily from the side without leaving fingerprints on the glass when unscrewing the top thumbscrew. The extinction treatment inside the main frame can effectively prevent the reflections. The carbon fiber top flag can be adjusted to regulate the amount of light entering the lens. Moreover, it can be folded inward to protect the lens.

Multiple Mounting Options

Aiming to develop the whole ecosystem for filmmakers and allow complete mounting solutions, the main frame features multiple 1/4"-20 threaded holes to satisfy the mounting needs. Meanwhile, the 1/4"-20 screw hole on the bottom of the main frame allows the 15mm rod support to be mounted.

SmallRig 15mm LWS Rod Support for Matte Box

Providing firmly support to camera lens, SmallRig 15mm LWS Rod Support for Matte Box features half-open rod clamps to allow direct insertion of the rods into the 15mm LWS rod system without disassembling other accessories. The 15mm LWS support can be adjusted 30mm vertically and 6mm horizontally to fit different lenses.  

SmallRig 95-114mm Threaded Adapter Ring

Designed to adapt lenses with a filter thread of 95mm to 114mm in diameter to mount the matte box, The ring screws onto the front of lens firmly via the thread with a low probability of looseness.

About SmallRig

Founded in 2012, SmallRig is an innovation-driven manufacturer that designs and builds premium camera rigs and accessories for all kinds of cameras. Our sales network is spreading to over 200 countries and regions while our products are well-supported by over 500k filmmakers and photographers worldwide.

 

Hexindai to Hold Annual General Meeting on December 16, 2020

BEIJING, Nov. 6, 2020 — Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that it will hold an annual general meeting of shareholders (the "AGM") at the Conference Room, 5th Floor, Block C, Shimao, No. 92 Jianguo Road, Chaoyang District, Beijing 100020, People’s Republic of China, at 10:00 a.m. (Beijing Time) on December 16, 2020. Shareholders listed in the register of members of the Company at the close of business on November 6, 2020 (Cayman Islands Time) are entitled to receive notice of, attend and vote at, the AGM or at any adjournment that may take place. Beneficial owners of the Company’s American Depositary Shares ("ADSs") who wish to exercise their voting rights for the underlying ordinary shares which are represented by their ADSs must act through Citibank, N.A., the depositary of the Company’s ADSs, and should give voting instructions to Citibank, N.A. accordingly.

Copies of the notice of AGM, which sets forth the resolutions to be proposed to and voted upon by the shareholders, the proxy statement and the Company’s annual report on Form 20-F for the fiscal year ended March 31, 2020 are available on the Investor Relations section of the Company’s website at http://ir.hexindai.com/ and on the SEC’s website at www.sec.gov.

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.

For more information, please visit http://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://ir.hexindai.com/

East China’s Hangzhou puts on online expo to showcase global cultural and creative products

HANGZHOU, China, Nov. 6, 2020 — The 14th Hangzhou Cultural and Creative Industry Expo was held in Hangzhou, capital of Zhejiang Province in southeastern China, from Oct. 29 to Nov. 1. The expo attracted more than 4,000 cultural institutions and enterprises from more than 60 countries and regions to participate online and offline. The total number of participating brands increased by 60% compared with the previous expo. The exhibition area of overseas brands remained at 40% of the total exhibition area. During the exhibition, the main venue received more than 60,000 visitors, the two online sub-venues received more than 930 million clicks, and completed on-site transactions and project contracts worth 2.19 billion yuan.

The 14th Hangzhou Cultural and Creative Industry Expo
The 14th Hangzhou Cultural and Creative Industry Expo

 

Visitors at the 14th Hangzhou Cultural and Creative Industry Expo
Visitors at the 14th Hangzhou Cultural and Creative Industry Expo

In the past 14 years, amid new culture, new consumption and new life, the expo has not only become one of China’s four major cultural exhibition activities, but also Hangzhou’s cultural landmark and an important platform for building an international cultural and creative center.

Online expo stays open throughout the year

With the rapid development of China’s new economy, more and more consumers are using the Internet to communicate, and online shopping has become a trend. This year’s expo also features two online sub-venues, allowing citizens to visit the exhibition without leaving their homes.

As one of the online sub-venues of the expo, Dongjia App is an online shopping platform specially set up for excellent traditional craftsmen at home and abroad. According to Meng Wenbo, president of the app, more than 2,000 exhibitors at home and abroad have "transferred" their offline works to the app, presenting their works in a three-dimensional and diversified manner by means of pictures, videos and live broadcasts. Alexandre Turpault textiles from France, Knit Planet children’s clothing from the UK, Festka bikes from the Czech Republic… Visitors can find all of these global creative products on the platform, and place an order with a few clicks and have them delivered to their home.

"The expo used to be held offline in a relatively short period. With the digitalization of the event, the online venue has opened up more possibilities for people to browse, communicate and buy through mobile phones anytime and anywhere, creating a year-long 24-hour event," Meng added.

Cultural and creative products gain life as part of life

The online expo which enables easy purchase and delivery makes cultural and creative products more accessible. However, Meng believes that the more charming part of Hangzhou’s cultural industry lies in the fact that many designers’ creative works are based on integrating the essence of eastern traditional culture into the daily life of modern people.

Born in 1990, Liu Weixue is a paper umbrella designer who focuses on the innovation of umbrella surface. "Only by making innovations based on a full understanding of the technological core of the past system can traditional techniques be better protected and passed on." In order to make paper umbrella technology with new vitality, Liu is trying to develop different derivatives of paper umbrella.

Yao Yuting, who grew up in a silk workshop, is the inheritor of the intangible cultural heritage of Hangzhou satin (a thick, smooth and shiny silk fabric made in Hangzhou).

"I hope to make Hangzhou satin closer to life. After all, Hangzhou satin has a history of thousands of years. To better inherit and develop it, more people need to know it, understand it and feel it," she said. Thanks to her efforts, the products produced by the weaving factory now combine silk with landscapes, home decorations, architecture and other elements.

An expo of insights to power industrial growth

In 2018, the expo proposed the goal of becoming an insightful event. This not only means a display of global creative products, but also deep exchanges in the global cultural industry to push cultural and creative innovation to a new level.

The expo drew hundreds of experts and scholars from well-known universities at home and abroad such as German University of Lueneburg, British Schumacher College, Tsinghua University and Zhejiang University. Meanwhile, more than 100 well-known cultural and creative institutions at home and abroad such as Alibaba gathered to hold more than 20 professional activities such as an industry summit and the annual industry index release to jointly discuss the latest trends in the development of cultural industries.

After 14 years of development, the Hangzhou Cultural and Creative Industry Expo not only gathers creative products with traditional oriental aesthetic flavor and modern life elements, but also attracts more and more overseas established cultural and creative products to enter the Chinese market and innovate local consumption patterns. Just as Hangzhou, a traditional ancient city in the south of the Yangtze River, has become a modern smart city, the expo has never failed to display new vitality and vigor.

Image Attachments Links: 

Link: http://asianetnews.net/view-attachment?attach-id=375647 
Caption: The 14th Hangzhou Cultural and Creative Industry Expo

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Caption: Visitors at the 14th Hangzhou Cultural and Creative Industry Expo

11.11 Deals Incoming with Lazada’s Biggest Ever Sale

The annual 11.11 sale is back on Lazada. This year the sale will include hundreds of exclusive brands with up to 70 million items. Sounds really tempting right? Bet you can’t wait for the big 11.11 sale to happen. Lazada is promising some of the lowest prices ever in Malaysia this 11 November 2020.

“Following LazMall’s upgrade in September, we are excited that hundreds of international and local brands have chosen Lazada as their exclusive e-commerce partner this 11.11, offering amazing discounts across a variety of categories and products to satisfy a wide spectrum of our consumers’ wants and desires. This signifies a growing trust in our platform, and we are excited that we can bring some of the lowest price deals, ‘guaranteed’ this year, backed by our 11 times money-back guarantee. This year, especially during this challenging period, we want to ensure that we help our shoppers maximise their ringgit and get the best value for their money,”

Leo Chow, CEO of Lazada Malaysia

Customers can have the ultimate shopping experience on Lazada as the LazMall provides a variety of brands and products at a claimed unbeatably low price. LazMall brings together some of their largest partners such as OPPO, Lancome, Samsung, Dyson and more are prepared to give shoppers an unforgettable 11.11 experience with some of the lowest deals yet. For those looking for deals on tech, Lazada and their partners are gearing up to offer up to 50% discount on items such as Huawei Mate 30 8GB RAM + 128 ROM smartphone, Edifier X3 True Wireless Stereo Earphone, SUUNTO 9 Baro Copper, Asus 23 Eye Care Gaming Monitor! The deals aren’t ending there – there will be more offers across a large spectrum of categories available.

You don’t even have to wait that long to get your orders as Lazada is offerings a guaranteed 24 hours delivery for the first 50 thousand customers. This is made possible by Lazada’s data-driven logistics team running on Alibaba’s backbone which has helped ensure 50% more efficiency for the delivery time nationwide and particularly in the Klang Valley.

In an effort to keep shopping entertaining, Lazada is continuing their “Shoppertainment” programs filled with special surprises for shoppers. Shoppers will be able to be entertained while getting the best deals with The Lazada 11.11 Super Show and Lazada’s CDO Show. If that’s not enough, there will be multiple other activities in the app such as the Lazada Heartbeat Wallet Contest and LazGames while users can also get even more rebates and rewards with LazCoins.

Lazada is also launching an initiative for CSR programs with one of their brand partners, Colgate-Palmolive, to send smiles and support to those in need via The Lost Food Project. Upon payment, consumers will receive a special thank you note from Colgate, along with a Lazada voucher that can be used for their next purchase on the platform.