NEW YORK, Oct. 23, 2020 — HR Tech firm, Cappfinity, is working with Lindsey Pollak to bring the company’s new Virtual Experience and Engagement platform to the early careers marketplace and help talent leaders find the best-matched, career-ready, diverse talent for their businesses at an earlier stage.
The innovative solution combines 1) Virtual Experience for students and recent graduates, where they can gain self-insight, strengthen skills and practice work simulations with 2) Virtual Engagement for employers, enabling them to widen their talent pool and evaluate candidates in a way that removes unconscious bias.
Cappfinity launched VEE following research with 30+ global talent leaders in the US, UK and APAC that highlighted the need for a bold shift to virtual with campus recruiting strategies to reach and attract more diverse talent.
Based on Cappfinity’s extensive experience working with clients across the globe to remove bias from hiring processes, VEE takes the job seeker on a guided learning journey involving strengths self-assessments, strengths development exercises and work simulations. On completion, an accreditation is awarded that learners can include on their resume and share with future employers to show they are ‘Certified Career Ready’.
Cappfinity CEO, Dr Alex Linley, spoke about the appointment:
"As a leading expert and thought leader in the early careers market, we’re delighted Lindsey is working with us on the launch of VEE in the US and globally. Lindsey brings a wealth of knowledge and experience working with businesses and institutions to support diversity and inclusion efforts, and helping students and graduates succeed in a competitive and changing job market."
Speaking about her new role as VEE Ambassador, Lindsey Pollak commented:
"I’m thrilled to be working with Cappfinity on this initiative. VEE is arriving at a pivotal point for the early careers market; now more than ever students and graduates need support and guidance as they prepare to start their careers. By opening up access to free tools and resources that can help them to become career ready, Cappfinity VEE is helping to level the playing field and build confidence in candidates and connect them with real job opportunities."
BEIJING, Oct. 23, 2020 — At the INTERSPEECH2020 industrial forum, Magic Data as the platinum sponsor of the conference, will hold a live session at the virtual booth from 20:15 – 20:45 on Oct 28th. The live broadcast theme is: Data sets your model –Which data strategy should be adopted to achieve better performance?
Three speech processing experts will participate in the live discussion, they are:
Daniel Povey, main developer and maintainer of Kaldi, internationally renowned professor in the field of Speech Recognition and AI, technical consultant of Magic Data, and the chief speech scientist of Xiaomi Inc.
Xuelu Zhang, linguistic/phonetic consyltant of Magic Data, research & development manager at Magic Data, PhD in Experimental Phonetics, University of Strasbourg (France). Her research focused on recognition of prosody components, automatic detection of specific linguistic phenomena and TTS.
Gaofeng Cheng, researcher of The Institute of Acoustics of the Chinese Academy of Sciences, His main research is in the field of speech recognition technology and intelligent speech platform, and he has repeatedly led his team to obtain good results in domestic speech technology evaluation. The relevant research and development achievements have been adopted by the international famous speech recognition software Kaldi and applied to practical application.
In the Magic Data live session, three guests will have an in-depth discussion on the "Data sets your model –Which data strategy should be adopted to achieve better performance?"
Discussion topics include:
How can we minimize the quantity of data that a model needs for training, and what attributes should these data have?
What kind of data we need as base in data augmentation, and what are the limits of data augmentation?
How to exploit raw data that we collected for model training?
What kind of data we need to pretrain a model or to fine-tune a pretrained model?
In order to give everyone an opportunity to communicate with Daniel Povey, an interactive session will be arranged at the end of the live broadcast. If you are interested in Daniel Povey’s recent research or have any questions about Kaldi, you can ask Daniel Povey during the live broadcast. At that time, everyone is welcome to ask questions.
Live time: Beijing time: Oct. 28th, 2020 20:15 – 20:45
Beijing Magic Data Technology Company Limited (Magic Data) is one of the artificial intelligence data service providers. We have data processing centers within mainlandChina and a wholly owned subsidiary in Hong Kong.
Magic Data provides professional data services for enterprises and scientific research institutions engaged in the research and development and application of AI fields such as speech recognition, TTS and natural language understanding. In order to combine data with precise acoustic artificial intelligence, inspire enterprise technological wisdom, and lead innovative development ideas, Magic Data proposes a new brand slogan: Data set your mind. We hope to promote the learning, query ability and thinking method of AI through new technology and data solutions.
Magic Data has a wealth of industry experience, our dataset products and services are prospective, high-quality, multi-scenarios, and diverse. Currently, Magic Data has rich data processing experience, 50+ multilingual processing capabilities, and dozens partners in the Internet and technology industries all over the world.
Magic Data has reserved 100,000+hours of datasets series, it available for immediate application in development in various commercial domains, also can be used to train AI models immediately The dataset products developed by Magic Data cover scenarios include smart home, smart customer service, smart assistant, smart car, smart education, and machine translation.
Launching NEXSTMALL BIZ, the exclusive commercial eCommerce platform
PETALING JAYA, Malaysia, Oct. 23, 2020 — Nexstgo, the new international brand of digital innovative products, today celebrated its fourth-year anniversary and announced its latest business strategies to capture opportunities emerged from the increasing connected and digitalised world. Since its inauguration, Nexstgo has been committed to investing in research and development (R&D) and product designs, as well as manufacturing and servicing capabilities, aiming to bring the technology start-up to international status.
"Nexstgo’s vision is to develop products that brings technology breakthroughs to users and shapes the future abiding to our motto ‘Do What the Giants Can’t,’ explained Alex Chung, Nexstgo CEO and co-founder. "Over the last four years, we have been responsible for bringing a number of innovations to power people in their work and lives, with exponential company growth as a result. Moving forward, we will continue to evolve this customer-centric approach in designing products and customised services that meet customers’ expectations."
Nexstgo’s new strategies focus on three key areas: creating products to support increasingly virtual working and lifestyle environments; leveraging e-Commerce trends to support customer interactions, and developing smart devices to enrich people’s everyday lives, especially in the healthcare area.
Success in product and customer segmentation
Nexstgo conducts comprehensive studies to understand customer behaviours and preferences when it comes to design and the development of products.
Nexstgo believes that a laptop is not only a tool but also representative of one’s identity and fashion style. With this belief, Nexstgo continues to roll out new generations of AVITA laptops in a variety of colours, patterns and design elements, that are light and thin and powered by state-of-the-art technologies. Targeting millennials and the younger consumer segment that are looking for their next tech statement through bold colours, it enabled Nexstgo to develop first-of-its-kind "Technology + Fashion" approach for its AVITA laptop products. Nexstgo also received accolades such as 2020 CES Innovation Awards and 2019 Computex Best Choice Award, marking its international presences and recognition.
In addition to establishing its own brands, Nexstgo also partners with industry leaders. The company created a win-win alliance with VAIO, in which the two companies share the same vision in producing top quality products for business executives. Building on Nexstgo’s solid design and technology foundation and VAIO’s powerful brand positioning, the two companies developed a new series of stylish and powerful laptops for the lucrative high-end market amongst professionals and demanding users in Asia.
In aligning the Nexstgo brand with AVITA and VAIO, the company created a holistic and integrated multi-brand strategy that has driven Nexstgo’s fast-track growth. Supported by strong manufacturing and R&D capabilities, Nexstgo has launched over 100 innovative products in the last three years. With aggressive market-penetrating marketing campaigns and fast geographic expansion, Nexstgo has achieved impressive growth and is now operating in 20 markets across the globe.
Next milestone for Nexstgo
As the company looks to the future, Nexstgo has announced three new strategies to mark its next business milestone.
Nexstgo will continue to focus on technologies and products that enable people to work and live better in a more connected virtual world. In the aftermath of the pandemic, Nexstgo advocates to develop technologies transforming the user experience in learning, working, entertainment and social interactions. New high-quality audio-visual features, more intuitive product designs and user interfaces, superior processing power and connectivity are all critical elements to fulfil ever more demanding user expectations.
Nexstgo supports small and medium enterprises by utilizing e-Commerce trends to create platforms for interactive customer engagement. The newly launched NEXSTMALL BIZ platform focuses on the commercial segment by offering full laptop product portfolio of the company’s three brands NEXSTGO, VAIO, AVITA and the total digitalization solutions for business, such as one-stop professional IT service, remote conferencing and VPN security solutions, to empower working performance for corporate clients.
Nexstgo is developing a holistic approach to address people’s growing need in smart devices for health. Leveraging the IoT (Internet of Things), Nexstgo enables customers to live better and smarter through devices such as smart mirror and smart scales providing fun along with convenience, as people are seeking better and healthier lives. Nexstgo also plays a part in the community by donating laptops for those in need and providing special offers to students for aid in their e-learning.
"2020 has been full of challenges and yet at the same time we also see new opportunities," said Mr. Chung. "By identifying market changes, focusing on customer needs and developing products and services that support our customers’ requirements, we are confident that the company will continue to grow across regions, whilst at the same time giving back to society through our technology solutions."
About Nexstgo Company Limited
Established in 2016, Nexstgo Company Limited is co-founded by Mr. Wilson Leung, Chairman & CEO, Alco Holdings Limited (SEHK: 0328), and Mr. Alex Chung, out of a shared passion and pursuit of quality tech-innovation. Nexstgo is committed to bring new revolutionary experiences in technology through introducing a wide product range, which includes PC, Smart home, IoT, artificial intelligence and corporate solutions. Nexstgo is growing steadily in the Asia Pacific region. In August 2016, its Hong Kong headquarters and Taiwan Design Centre were set up to kick off preparation for the regional business. It owns the American fashionable-technology brand AVITA.
BEIJING, Oct. 23, 2020 — WiMi Hologram Cloud, Inc. ("WiMi" or the "Company") (NASDAQ: WIMI), a leading augmented reality service provider in China, today announced that that it has retained ICR, LLC, a leading strategic communications advisory firm, to manage its investor relations program.
Mr. Shuo Shi, Chief Executive Officer of WiMi, commented, "We are pleased to announce our cooperation with ICR. Working together, we seek to increase our disclosure transparency and enhance our investor relations. As a leader in corporate strategic communications, ICR is well positioned to help improve our current investor communications program and ensure that our new and existing shareholders stay abreast of our corporate developments. With its in-depth knowledge of the U.S. capital markets and extensive experience working with technology companies, ICR should be able to help us clearly articulate our vision, explain our business model, raise our corporate profile, and forge a closer relationship with our investor base."
About WIMI Hologram Cloud Inc.
WiMi Hologram Cloud, Inc.(NASDAQ: WIMI), whose commercial operations began in 2015, operates an integrated holographic AR application platform in China and has built a comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks.
About ICR
Established in 1998, ICR partners with its clients to execute strategic communications and advisory programs that achieve business goals, build awareness and credibility, and enhance long-term enterprise value. The firm’s highly-differentiated service model, which pairs capital markets veterans with senior communications professionals, brings deep sector knowledge and relationships to more than 750 clients in approximately 20 industries. ICR’s healthcare practice operates under the Westwicke brand (www.westwicke.com). Today, ICR is one of the largest and most experienced independent communications and advisory firms in North America, maintaining offices in New York, Norwalk, Boston, Baltimore, San Francisco, San Diego and Beijing. Learn more at www.icrinc.com. Follow us on Twitter at @ICRPR.
Safe Harbor / Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the 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. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.
Net Sales of $371 million declined by 20% including an Organic Sales1 decline of 7%
Active Safety Net Sales of $170 million declined by 5% including an Organic Sales decline of 9%
Operating Cash flow was positive $1 million, which includes positive timing effects in the quarter
Outlook
Net Sales are expected to return to organic growth during Q4’20 and outperform the global LVP during H2’20
Currency translation, net is expected to be slightly positive for FY’20
RD&E, net is expected to improve by more than $100 million from 2019 (on a comparable basis)
Operating loss is expected to improve from 2019 levels (on a comparable basis), and Cash flow before financing activities1 is now expected to be better than $(170) million for H2’20
Business Highlights
Cash flow before financing activities tracking better than our previous expectations for FY’20
Veoneer and Qualcomm Technologies, Inc. announced their intent to collaborate on the delivery of ADAS, Collaborative and AD solutions powered by Veoneer’s next-generation perception and driving policy software stack and the Qualcomm® Snapdragon Ride™ ADAS/AD scalable portfolio of System on Chip (SoC), and Accelerators
Completed the divestiture of the VBS-US operations to ZF Friedrichshafen AG
Market Adjustment Initiatives (MAI) program continues to contribute to the improved operating loss and cash flow performance
Order intake is approximately $600 million during the LTM, where Active Safety is approximately two thirds of the LTM order intake
Comments from Jan Carlson, Chairman, President and CEO
Health and safety continue to be our first priorities and we are closely monitoring the development of the COVID-19 pandemic, which unfortunately shows signs of becoming more severe again, and we are staying ready to take the necessary safety precautions and business actions.
Vehicle production accelerated through the quarter, leading to a rapid increase in demand in the entire automotive supply chain, in a time when we are still fighting the effects of the global COVID-19 pandemic. In this challenging environment we executed a record number of activities including: successful vehicle launches, continued market adjustment initiatives, signing of a letter of intent with Qualcomm, finalizing the split of Zenuity and the divestment of our brake business. To summarize our underlying performance improved in almost all metrics. I am pleased with Veoneer’s operational performance in the third quarter and I would like to thank the entire Veoneer team for their focus, dedication and discipline during this highly unusual year.
Cash flow was particularly strong in the quarter and while it included certain timing effects it allows us to expect a better 2020 full year cash flow before financing than previously expected. Our market adjustment initiatives also continue to deliver the targeted improvements, we are establishing new levels of run- rate for cash flow and capital expenditures and continue to drive improvements in RD&E efficiency.
Our daily execution is the foundation that will allow our plans to materialize, and I am pleased that we are managing key launches well including the flagship Mercedes S-Class, the Subaru Levorg and the Volvo XC40 Electric. We are on track for additional fourth quarter and early 2021 launches. This development is fundamental to achieving our stated target to return to organic growth towards the later part of 2020. The selection by EuroNCAP of the Mercedes GLE as the best vehicle in its 2020 test for assisted driving, where most of the active safety content comes from Veoneer is another recent important technology proof-point.
The Qualcomm collaboration is important to Veoneer for multiple reasons. Technologically, it strengthens our capability to provide a full scalable system for the next generation ADAS and later autonomous driving. The combination of Veoneer’s software for perception and drive policy and Qualcomm’s powerful and energy efficient System On a Chip (SoC) will bring a competitive offer to the market for vehicle launches in 2024 and beyond. Commercially, the go-to-market strategy led by Qualcomm will allow for broader access to the market. We are well on track to finalize the initial agreement during the fourth quarter.
Our focus areas first outlined at the beginning of 2020 remain: successful customer launches in 2020 and heading into 2021, market adjustment initiatives to continue to drive efficiencies and improve cash flow, and continuing to win profitable new business.
An earnings conference call will be held today, Friday, October 23, 2020 at 15:00 CET. To follow the webcast or to obtain the phone number/pin code, please see www.veoneer.com. The slide deck will be available on our website prior to the earnings conference call. 1 For all Non-U.S. GAAP financial measures, see the reconciliation tables in this earnings release, including the Non-U.S. GAAP Financial Measures section and further discussion of the forward-looking Non-U.S. GAAP financial measures on page 11.
This report is information that Veoneer, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the EVP Communications and IR set out above, at 12:00 CET on Friday, October 23, 2020.
SHENZHEN, China, Oct. 23, 2020 — On October 23, SmallRig officially announced "Discover" accessories for DJI RS 2/RSC 2 ecosystem, two revolutionary stabilizers especially designed for DSLRs and mirrorless cameras, both of which were released on October 15. TheDiscover solution includes mounting plate, monitor mount, quick release plate, extended quick release plate, sling handle, dual handgrip, NATO rail, toughened screen protector, counterweight and mounting clamp kit, focus motor component and lens support.
SmallRig Accessories for DJI RS 2/RSC 2 Ecosystem
With carbon fiber arm, RS 2 has a lighter body but allows heavier payload, which provides a complete solution for filmmakers under different scenarios. RSC 2 adopts a unique foldable design that integrates excellent performance and portability.
Sling handle for RS 2/RSC 2
The steepness can be adjusted by 180° to freely switch the gripping center, which efficiently releases the tired wrist and supports long shooting sessions. Featuring cold shoe, 1/4 threaded holes and 3/8 ARRI locating holes, the sling handle is able to smooth low angle shooting while satisfying multiple mounting needs.
Dual handgrip for RS 2/RSC 2
Unveiling different holding scenarios with both hands while reducing arm fatigue and improving shooting stability, SmallRig dual handgrip provides multiple mounting options to fit external lighting, monitors, video transmission, microphones and other accessories to satisfy professional shooting needs. With NATO clamp and knob locking design, filmmakers can quickly disassemble or assemble the gear without tools.
Monitor Mount for RS 2/RSC 2
The monitor mount provides multiple ports to facilitate accessories mounting such as monitors, microphones, video transmission, actions cameras, etc. The tilt angle can be adjusted upwards or downwards up to 165 degrees.
Extended Manfrotto Quick Release Plate for RS 2
Securing to the camera by 1/4 and 3/8 screws, the extended Manfrotto Quick Release Plate maximizes the compatibility of RS 2 to fit professional cinema cameras. 1/4 threaded hole is provided at the tail end of the plate to support installation of counterweights for balancing.
Manfrotto to Arca Quick Release Plate for RS 2/RSC 2
Compatible with standard Arca quick release plate and DJI original accessories, SmallRig Manfrotto to Arca Quick Release Plate enables quick switch between gimbal shooting, tripod shooting and handheld shooting.
In the future, SmallRig will further cooperate with DJI to develop a more comprehensive ecosystem for multiple shooting scenarios, witnessing more impressive stories with all content creators.
BEIJING, Oct. 23, 2020 — Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced that at an extraordinary general meeting held today, the Company’s shareholders voted in favor of (i) the proposal to authorize and approve the previously announced agreement and plan of merger, dated as of June 12, 2020 (the "Merger Agreement"), by the Company, Yiche Holding Limited ("Parent"), and Yiche Mergersub Limited ("Merger Sub"), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of the Parent (the "Merger"), (ii) the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the "Plan of Merger"), and (iii) the consummation of the transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.
Approximately 88.9% of the Company’s total ordinary shares outstanding as of the close of business in the Cayman Islands on the share record date of October 9, 2020 voted in person or by proxy at the extraordinary general meeting. Each shareholder has one vote for each ordinary share. Of the ordinary shares voted at the meeting, approximately 99.9% voted in favor of the Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger.
Completion of the Merger is subject to the satisfaction or waiver of the closing conditions set forth in the Merger Agreement. The Company will work with the other parties to the Merger Agreement towards satisfying the closing conditions and complete the Merger in a timely manner. If and when completed, the Company will become a private company and its American depositary shares will no longer be listed or traded on any stock exchange.
About Bitauto Holdings Limited
Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.
Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.
Bitauto’s transaction services business is primarily conducted by its controlled subsidiary, Yixin Group Limited (SEHK: 2858), a leading online automobile finance transaction platform in China, which provides transaction platform services as well as self-operated financing services.
Bitauto’s digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications and digital image creation.
This press release contains statements that express the Company’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (the "Act"). These forward-looking statements can be identified by terminology such as "if," "will," "expected" and similar statements. Forward-looking statements involve inherent risks, uncertainties and assumptions. Risks, uncertainties and assumptions include: uncertainties as to how the Company’s shareholders will vote at the meeting of shareholders; the possibility that competing offers will be made; the possibility that financing may not be available; the possibility that various closing conditions for the transaction may not be satisfied or waived; and other risks and uncertainties discussed in documents filed with the SEC by the Company, as well as the Schedule 13E-3 transaction statement and the proxy statement filed by the Company. These forward-looking statements reflect the Company’s expectations as of the date of this press release. You should not rely upon these forward-looking statements as predictions of future events. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please contact:
Suki Li Bitauto Holdings Limited Phone: +86-10-6849-2145 ir@bitauto.com
Earnings Call Scheduled for 7:30 a.m. ET on November 18, 2020
BEIJING, Oct. 23, 2020 — Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China’s online post-secondary and professional education, today announced that it will report its third quarter 2020 unaudited financial results on Wednesday, November 18, 2020, before the open of U.S. markets.
Sunlands’ management team will host a conference call at 7:30 a.m. U.S. Eastern Time, (8:30 p.m.Beijing/Hong Kong time) on November 18, 2020, following the quarterly results announcement.
Dial-in details for the earnings conference call are as follows:
International:
+1-412-902-4272
US toll free:
+1-888-346-8982
Mainland China toll free:
400-120-1203
Hong Kong local-toll:
+852-3018-4992
Hong Kong toll free:
800-905-945
Please dial in 10 minutes before the call is scheduled to begin. When prompted, ask to be connected to the call for "Sunlands Technology Group". Participants will be required to state their name and company upon entering the call.
A live webcast and archive of the conference call will be available on the Investor Relations section of Sunlands’ website at http://www.sunlands.investorroom.com/.
A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until November 25, 2020, by dialing the following telephone numbers:
International:
+1-412-317-0088
US Toll Free:
+1-877-344-7529
Replay Access Code:
10149518
About Sunlands
Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), formerly known as Sunlands Online Education Group, is the leader in China’s online post-secondary and professional education in terms of gross billings in 2017, according to iResearch. With a one to many, live streaming platform, Sunlands offers various degree and diploma-oriented post-secondary courses as well as online professional courses and educational content, to help students prepare for professional certification exams and attain professional skills. Students can access its services either through PC or mobile applications. The Company’s online platform cultivates a personalized, interactive learning environment by featuring a virtual learning community and a vast library of educational content offerings that adapt to the learning habits of its students. Sunlands offers a unique approach to education research and development that organizes subject content into Learning Outcome Trees, the Company’s proprietary knowledge management system. Sunlands has a deep understanding of the educational needs of its prospective students and offers solutions that help them achieve their goals.
The wait is finally over. All the main flagships of 2020 have launched. All you have to do is select the best one for you. You can either choose to get a Samsung Galaxy S20 or Note20 device, or an Apple iPhone 12 device, or now, you have a third option – the HUAWEI Mate40 device.
You could easily deviate and get a Samsung Galaxy Z Fold2 or a Samsung Galaxy Z Flip, or even get a completely different flagship like an ROG Phone 3, or something like the new Lenovo Legion Duel gaming smartphone for that matter. But we will talk about that later. Today, we are focusing on the big three that every other person will think about. Well, technically one, because the Chinese tech giant just launched their flagship device and this article is actually dedicated to that.
Source: HUAWEI
There is plenty to talk about too, with the new HUAWEI Mate40 series. For one is the new design language that is not too different from last year’s Mate30 design language. They call it the Space Ring design, basically moving the camera arrangement from being contained in a circle to now being a ring that encircles, well, a circle with ‘Leica’ printed on it.
There is also the five lensed HUAWEI Mate40 Pro+ and that gives it the ability to zoom up to 100x (digital zoom) in its camera app. Of course, there is an ultra-premium version they only know as the Porsche Design HUAWEI Mate40 RS that could go with your Porsche Design Acer Book RS that was launched just a few days ago. And, there is a new Operating System (OS) based on Google’s latest Android 11. There is still no Google Play Store on the device though.
HUAWEI Mate 40 Pro+
Source: HUAWEI
We start with HUAWEI’s most overkill of a device, the HUAWEI Mate40 Pro+. There are multiple HUAWEI Mate40 devices, but this is the most powerful. It is just slightly less powerful that the Porsche Design HUAWEI Mate40 RS, but the Mate40 Pro+ is technically just missing a small ingredient that might not change the experience that much anyway.
HiSilicon Kirin 9000 – The Most Powerful Ever
Source: HUAWEI
HUAWEI leapfrogged Samsung and Qualcomm in this department for now. They introduced the world to what seems to be the most advanced and their most powerful System on A chip with the HUAWEI Mate40 series. This is quite expected also, mind you.
What is unexpected is just how sophisticated this chip was going to be. You get 15.3 billion transistors packed into the octa-core unit, 3.5 billion more than Apple’s latest A14 Bionic. This goes without saying, the Kirin 9000 also has two more cores than the Apple chip. This is achieved with 5nm process, obviously. We are expecting the new Qualcomm and Samsung chips to be based on th 5nm platform as well though, so only time can tell whether or not this device stands the test of time. HUAWEI did promise a smooth Android performance even after 36 months though. That is 3 years of smooth Android with a speed drop off at only 2.5%.
Embedded within the chip is a larger, more powerful dual Neural Processing Unit (NPU) for even more complex compute power for more special and handy features like HUAWEI’s brilliant air gesture control. Then there is a bigger, more powerful 24-core Mali-G78 GPU that HUAWEI claims to surpass any other smartphones that comes before. That also means better looking games and better video and photo editing experience on the smartphone itself.
But that is not all the NPU offers though. Combined with a new, more powerful image processor chip, photos and videos are even better than before. AI Tracking of a subject is smoother and better, you do not even have to move your smartphone for that, and it looks like the camera is moving to the subject’s movements. The front camera now can shoot videos in 240fps slow motion mode now too, creating more creative possibilities. Of course, stabilisation is even more enhanced now with the combined power of the NPU and Image processor.
5G is not new anymore in these devices. The 5G chip that is on the Kirin 9000 though is a more advance chip that support 5G Super Uplink and 5G Downlink CA technology. That also means that 5G is even faster than before with up to triple data download speeds on supporting networks.
This powerful chip is the beating heart of HUAWEI’s most advanced and most expensive Mate flagship series to date. At least for the HUAWEI Mate40 Pro+, the HiSilicon Kirin 9000 should pack enough power to get the best out of the 5-camera set-up. Of course, there is the matter of powering the EMUI 11.
EMUI 11 – Better Than Ever, More Powerful Than ever
Source: HUAWEI
We have pointed out before that HUAWEI’s Android based EMUI has come a long way from the early days of being and ‘iOS copy’. EMUI has matured to become a unique ecosystem and OS in its own rights.
While Always-on Display (AoD) is not all that new, there is a new revamp anyway on EMUI that makes AoD even better than before. Rather than just having a static display with preset layouts and graphics, EMUI allows you a little bit more creative space with AoD. They call it Dynamic Graphic AoD, you can take a short video or even put up different photos to spice up your AoD or completely change the layout of the AoD just to get the right looks on your HUAWEI Mate 40 device.
Source: HUAWEI
It does not stop there though, they also developed something called Eyes-on Display (EoD). That means your display only turns on when you look at the device. We are guessing that the mechanism uses the front-facing camera to track your eye movement to turn on the display just for the moment you look at the display. It displays the same AoD graphics that you have set for your device too, but it only displays when you look at the display. That is a nifty way to cut back on battery consumption and allow your device to last even longer.
Of course, multi-window is still possible. With the right apps you can have up to three apps open at the same time on the device. Of course, you are going to struggle a little bit with screen real estate at that point, but if you need to multitask with three different apps, EMUI 11 can handle it. The mechanics are exactly the same as well on EMUI 10.1.
Source: HUAWEI
They have improved multi-screen collaboration on HUAWEI devices with the new Mate40 series though. You can have your PC, HUAWEI Share enabled of course, running at least three different instances of your HUAWEI Mate40 device all running different apps or instances of a single app. It looks amazing, and we are betting that they should be amazing to work with in terms of productivity. You have to be using a HUAWEI smartphone with a HUAWEI notebook PC though.
The native email app received a little bit of an overhaul. Now you can opt to make your emails look like a chat or a messenger style chat app. The layout is sort of an optimisation for mobile devices and make full use of the small display real estate. It makes your email app looks better too somehow.
Speaking of apps, EMUI also introduced a new navigation app they call Petal Maps. We have not tried it, but it is a HUAWEI developed app that looks like a cross between Google Maps and Waze. In addition to the navigation app, they have Petal Search as well; a Google alternative to search engines made for mobile devices. They say that Petal Search also does not collect your information, does not track your location, and does not expose your preferences or data. We look forward to trying those.
On top of those new features, they took away a few things too. No, that is not a bad thing. It is to protect your privacy from prying eyes.
For example, to prevent unknown eyes from looking at your notifications on your lock screen, HUAWEI automatically hides the notifications from eyes and faces it does not recognise. If you gaze on it, it opens up with more information on the notification. When you share your screen or cast your screen to a smart display too, notifications will only be contained on your own smartphone display instead of the smart display. You can now make plans with your friends on the side while watching a movie casted from your HUAWEI Mate40 device.
The Penta-Camera Combo – HUAWEI’s Most Advanced Camera Ever
Source: HUAWEI
Before we start, we have to clarify that HUAWEI’s penta-camera set-up is not actually the first in the market. That honour has to go to Nokia and their PureView smartphone that has not seen the light of the market just yet. This is the first HUAWEI device to feature five cameras pointing out of the back of the glass back though.
The HUAWEI Mate40 Pro+ packs one 50-Megapixel Ultra Vision Camera with HUAWEI’s signature RYYB (Red Yellow Yellow Blue) sensor and built in Optical Image Stabilisation (OIS) out of the ceramic back. That main camera is supported by three other lenses that can do ultra-wide photos (20-Megapixel Cine Camera, 100o angle), optically zoom up to 3x ( 12-Megapixel Telephoto Cameaa), and even super zoom up to 10x optically (8-Megapixel SuperZoom Camera). There is an extra ToF 3D sensor in the array for depth information, so you can get stunningly accurate depth-of-field information on your photos. With the zoom lenses too, the HUAWEI Mate40 Pro+ can digitally zoom images at up to 100x, technically. You might not use that on a gallery poster though.
The cameras are not just for high-resolution photos though. They are also made for breath-taking videos. With cleverer image stabilisation, your 4K videos should look like they are shot on gimbals and big stabilisation rigs. HUAWEI really pulled all the stops for this one as well with AI Active Tracking. We mentioned earlier too that you do not have to move your device to capture a moving subject zoomed in, the image cropping algorithm just follows the subject and keeps the subject in consistent scale on your frame.
You can shoot videos at up to 3,840fps too, for ultra-slow-motion videos, but that mode is restricted to 720p resolution. Speaking of slow-motion videos though, you can now shoot at 240fps with no limits on your HUAWEI Mate40 device. Of course, it stops when your device overheats or when storage runs out.
Out the front is a combination of two cameras so that you can create stunning contents as well. There is a 13-Megapixel Ultra Vision Selfie Camera that can go up to 100o for a wider shot and a ToF 3D sensor for more accurate Depth information. This also means that the front-facing camera can shoot videos at up to 4K and even shoot unlimited 240fps videos at 1080p. Again, the limit is when you overheat your camera, when your battery runs out, or storage is full.
On both ends though, HUAWEI’s AI eliminates lens distortions. That means that your ultra-wide angle photos or wide-angle selfies will look like they were taken with a regular lens. Your face will not be stretched out and your subject will not look extra funky. This is brilliant stuff.
Everything Else
Source: HUAWEI
You see all of the greatness projected out to you via a large 6.76-inch display. It is an OLED panel that projects more than Full HD at 2,772 by 1,344 pixels. Of course, a modern smartphones needs a fast refreshing display and this keeps up at 90hz together with 240Hz sampling rate.
The curve on the sides are sharper than ever at 88o angle. That also means that your palms are technically touching the sides of the display when you hold it. You can still control the volumes using the virtual volume slide on the sides though, but the display is not your main source of interaction with the device anymore, the volume rocker button is back.
That is not all though, thanks to Kirin 9000’s cleverer NPU, air gesture controls are now much more powerful and precise. You do not even have to touch your device to interact with the device. Useful when you get your hands dirty. You can pick up calls, you can change screens, you can control your volume, you can even pause and play videos or music just via your hands moving in front of the display, like magic.
Of course, the processor is just part of the recipe for a smooth running, powerful device. You need a large RAM too, and the HUAWEI Mate40 Pro+ has 12GB of it. To contain all the content that you will be making with the HUAWEI Mate40 Pro+, there is a 256GB storage to boot.
Of course, HUAWEI is known for their super long-lasting battery. They are touting the Kirin 9000 to be more efficient than the current generation of SoCs out in the market. That also means that the 4,400mAh battery shoehorned into the device should last you a full day of use and maybe even more, depending on how you use your device. If you ever run out of battery and you need to get it going quick, the battery can take on 66W via HUAWEI SuperCharge (included in-the-box) through the USB Type-C port, and 50W wireless charging (Wireless HUAWEI SuperCharge sold separately).
Specifications
Processor
HiSilicon Kirin 9000 5G w/ Dual NPU Octa-core 1 x Cortex-A77@3.13 GHz 3 x Cortex-A77@2.54 GHz 4 x Cortex-A55@2.05 GHz
Non-Removable Li-Po 4,400 mAh Fast Charging 60W (HUAWEI SuperCharge) Fast Wireless Charging 50W (Wireless HUAWEI SuperCharge)
Connectivity
Dual SIM Wi-Fi WLAN 802.11 a/b/g/n/ac/ax GPS/A-GPS, GLONASS, GALILEO, BDS A2DP Bluetooth 5.2 OTG Support USB 3.1 Type-C NFC
Camera (s)
REAR: 50 MP Ultra Vision Camera (Wide Angle, f/1.9 aperture, OIS) 20 MP Cine Camera (Ultra-Wide Angle, f/2.4 aperture) 12 MP Telephoto Camera (3x Optical Zoom, f/2.4 aperture, OIS) 8 MP SuperZoom Camera (10x Optical Zoom, f/4.4 aperture, OIS) 3D Depth Sensing Camera, support AF HDR LED Flash 4K Video recording 720p@3,840fps FRONT: 13 MP Ultra Vision Selfie Camera (Wide Angle, f/2.4) 3D Depth Sensing Camera 4K video recording 1080p@240fps
Sensors
Gesture Sensor 3D Face Recognition Gravity Sensor Infrared Sensor Fingerprint Sensor Barometric Pressure Sensor Gyroscope Compass Ambient Light Sensor Proximity Sensor Laser Sensor Colour Temperature Sensor
Miscellaneous
Stereo Speakers IP68
HUAWEI Mate40 Pro
Source: HUAWEI
You do not need five cameras, you tell yourself. You do not need to spend as much money, you say. But you want that power, the same one as the HUAWEI Mate40 Pro+. Then the HUAWEI Mate 40 Pro is for you.
The HUAWEI Mate40 Pro is technically a twin sibling to the HUAWEI Mate 40 Pro+. It packs the same large 6.76-inch display with a very steep curve on the side. The body is made out of roughly the same materials too. Well, save for the ceramic back; the HUAWEI Mate40 Pro has a regular glass back.
Source: HUAWEI
It packs the Same HiSilicon Kirin 9000 though. That also means the HUAWEI Mate40 Pro’s EMUI 11 can work as well as the HUAWEI Mate 40 Pro+. You get the same air gesture controls, the same AoD or EoD, and probably around the same battery life with the 4,400 mAh battery.
The biggest visual difference, other than the variety of colour options, is the cameras. Up front, they are still the same sensors; a 13-Megapixel sensor with a ToF 3D depth sensor. It can still record 4K videos and 240fps 1080p videos as well.
The difference is at the back. There are two cameras less on the HUAWEI Mate40 Pro. You lose the ToF sensor and one telephoto lens. Instead you get a 50-Megapixel main sensor (same one as the HUAWEI Mate40 Pro+), a 20-Megapixel Ultra-Wide Cine Camera (same on as the HUAWEI Mate40 Pro+), and a 12-Megapixel Telephoto camera with 5x optical zoom capabilities.
Source: HUAWEI
You get the same camera modes too as the HUAWEI Mate40 Pro+. In that case, if you are looking at a slightly tighter budget, the HUAWEI Mate40 Pro might seem like a good choice. While there is only an 8GB RAM for the HUAWEI Mate40 Pro, the differences in experience should be minute enough that you might not notice at all.
Specifications
Processor
HiSilicon Kirin 9000 5G w/ Dual NPU Octa-core 1 x Cortex-A77@3.13 GHz 3 x Cortex-A77@2.54 GHz 4 x Cortex-A55@2.05 GHz
Non-Removable Li-Po 4,400 mAh Fast Charging 60W (HUAWEI SuperCharge) Fast Wireless Charging 50W (Wireless HUAWEI SuperCharge)
Connectivity
Dual SIM Wi-Fi WLAN 802.11 a/b/g/n/ac/ax GPS/A-GPS, GLONASS, GALILEO, BDS A2DP Bluetooth 5.2 OTG Support USB 3.1 Type-C NFC
Camera (s)
REAR: 50 MP Ultra Vision Camera (Wide Angle, f/1.9 aperture, OIS) 20 MP Cine Camera (Ultra-Wide Angle, f/2.4 aperture) 12 MP Telephoto Camera (5x Optical Zoom, f/3.4 aperture, OIS) HDR LED Flash 4K Video recording 720p@3,840fps FRONT: 13 MP Ultra Vision Selfie Camera (Wide Angle, f/2.4) 3D Depth Sensing Camera 4K video recording 1080p@240fps
Sensors
Gesture Sensor 3D Face Recognition Gravity Sensor Infrared Sensor Fingerprint Sensor Barometric Pressure Sensor Gyroscope Compass Ambient Light Sensor Proximity Sensor Laser Sensor Colour Temperature Sensor
Miscellaneous
Stereo Speakers IP68
HUAWEI Mate40
Source: HUAWEI
Then there is the most regular and basic of the bunch. The HUAWEI Mate40 is the entry level to the series of high-end devices. It is also a smaller device with a 6.5-inch display. It is still an OLED panel with 90Hz refresh rate and 240hz response rate. But it is not as high-resolution as its other siblings at 2,376 by 1,080 pixels (Full HD+).
It is still virtually as powerful with the HiSilicon Kirin 9000E (one less NPU core, 22-core Mali G78) SoC though. Like the Mate40 Pro it packs an 8GB of RAM, though storage is a step smaller at 128GB. Unlike both the Mate40 Pro and Mate40 Pro+, it only has a single 13-Megapixel front-facing camera for selfies but still support the same 4K video recording and 1080p@240fps videos.
Source: HUAWEI
The back of the device shares more similarities with the HUAWEI Mate40 Pro though. It only has three cameras mounted at the back, like the HUAWEI Mate40 Pro. The 50-Megapixel camera stays but the Cine Camera is a 16-Megapixel unit rather than a 20-Megapixel shooter. The telephoto lens an 8-Megapixel shooter is capable of 3x optical zoom.
It even has a slightly smaller battery compared to the other devices in the series. It has a 4,200mAh battery compared to the 4,400mAh on the two bigger devices. We suspect that the battery size difference is also due to the size constraints of both devices. The battery charges at 40W with HUAWEI’s SuperCharge technology via USB Type-C, and the device features no wireless charger.
Specifications
Processor
HiSilicon Kirin 9000E 5G w/ Dual NPU Octa-core 1 x Cortex-A77@3.13 GHz 3 x Cortex-A77@2.54 GHz 4 x Cortex-A55@2.05 GHz
Non-Removable Li-Po 4,200 mAh Fast Charging 40W (HUAWEI SuperCharge)
Connectivity
Dual SIM Wi-Fi WLAN 802.11 a/b/g/n/ac/ax GPS/A-GPS, GLONASS, GALILEO, BDS A2DP Bluetooth 5.2 OTG Support USB 3.1 Type-C NFC
Camera (s)
REAR: 50 MP Ultra Vision Camera (Wide Angle, f/1.9 aperture, OIS) 26 MP Cine Camera (Ultra-Wide Angle, f/2.4 aperture) 8 MP Telephoto Camera (3x Optical Zoom, f/2.4 aperture, OIS) LED Flash 4K Video recording 720p@3,840fps FRONT: 13 MP Ultra Vision Selfie Camera (Wide Angle, f/2.4) 4K video recording 1080p@240fps
Sensors
Gesture Sensor 3D Face Recognition Gravity Sensor Infrared Sensor Fingerprint Sensor Barometric Pressure Sensor Gyroscope Compass Ambient Light Sensor Proximity Sensor Laser Sensor Colour Temperature Sensor
Miscellaneous
Stereo Speakers IP68
Porsche Design HUAWEI Mate40 RS
Then there is the one that HUAWEI has been saving for last. This is the most premium Mate series going to be in production. The Porsche Design HUAWEI Mate40 RS is here.
When I say more premium though, I am referring to its price point. Everything that is built into the device points to the fact that it is a HUAWEI Mate40 Pro+ under the skin. It is a Porsche Design product, so it looks different with the Ceramic back and colour options too. Instead of a clean round shape of the Space Ring, the Porsche Design HUAWEI Mate40 RS has an octagonal shape to it, more angular. The plain smooth back of the Mate40 Pro+ is now littered with powerlines that is inspired from the modern Porsche sports cars.
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
The only big differentiator in performance is the extra temperature sensor that is encircled by the five-camera set up. Even the camera set-up is similar to the Mate40 Pro+, save for the extra temperature sensor. The differences, in this case, is only skin deep. Oh, of course the other difference is on the price tag.
Specifications
Processor
HiSilicon Kirin 9000 5G w/ Dual NPU Octa-core 1 x Cortex-A77@3.13 GHz 3 x Cortex-A77@2.54 GHz 4 x Cortex-A55@2.05 GHz
Non-Removable Li-Po 4,400 mAh Fast Charging 60W (HUAWEI SuperCharge) Fast Wireless Charging 50W (Wireless HUAWEI SuperCharge)
Connectivity
Dual SIM Wi-Fi WLAN 802.11 a/b/g/n/ac/ax GPS/A-GPS, GLONASS, GALILEO, BDS A2DP Bluetooth 5.2 OTG Support USB 3.1 Type-C NFC
Camera (s)
REAR: 50 MP Ultra Vision Camera (Wide Angle, f/1.9 aperture, OIS) 20 MP Cine Camera (Ultra-Wide Angle, f/2.4 aperture) 12 MP Telephoto Camera (3x Optical Zoom, f/2.4 aperture, OIS) 8 MP SuperZoom Camera (10x Optical Zoom, f/4.4 aperture, OIS) 3D Depth Sensing Camera, support AF Colour Temperature Sensor HDR LED Flash 4K Video recording 720p@3,840fps FRONT: 13 MP Ultra Vision Selfie Camera (Wide Angle, f/2.4) 3D Depth Sensing Camera 4K video recording 1080p@240fps
Sensors
Gesture Sensor 3D Face Recognition Gravity Sensor Infrared Sensor Fingerprint Sensor Barometric Pressure Sensor Gyroscope Compass Ambient Light Sensor Proximity Sensor Laser Sensor Colour Temperature Sensor
Miscellaneous
Stereo Speakers IP68
Pricing and Availability
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
Source: HUAWEI
They did not mention when the devices will start shipping out to customers. The HUAWEI Mate40 and the HUAWEI Mate40 Pro will be available in Mystic Silver, White, Black, Green (Vegan leather), and Yellow (Vegan Leather) colour options. The HUAWEI Mate40 Pro+ and Porsche Design HUAWEI Mate40 RS will be available exclusively in Ceramic White or Ceramic Black.
The HUAWEI Mate40 (8GB + 128GB) will be available for EUR€ 899 (MYR*). The HUAWEI Mate40 Pro (8GB + 256GB) will set you back EUR€ 1,199 (MYR*). The HUAWEI Mate40 Pro+ will be priced at EUR€ 1,399 (MYR*), while the Porsche Design HUAWEI Mate40 RS will be available for EUR€2,295 (MYR*). We will be keeping a close ear to the ground for local pricing and availability.
*Based on approximate exchange rate of EUR€ 1 = MYR 4.91 as of 23/10/2020
BEIJING, Oct. 23, 2020 — Scienjoy (Nasdaq: SJ), a leading provider of show livestreaming social platforms in China, last week demonstrated its Corporate Social Responsibility (CSR) by supporting the COVID-19 pandemic effort via streaming the "Fighting the epidemic together for a better life," COVID-19 public health event.
Streaming the event was the most recent CSR initiative as part of the Company’s larger campaign to share public health information on its platforms. Held in Beijing, the COVID-19 public health event gathered experts from local universities and invited five speakers to share their stories of outstanding contributions to the COVID-19 cause. This event is one small part of Scienjoy’s effort to contribute to the fight against the pandemic, which has also included direct donations, partnerships to share public health information, and exploring new forms of online entertainment and community for its more than 200 million users.
Its strong sense of Corporate Social Responsibility made Scienjoy an early supporter of COVID-19 affected areas. This support began almost nine months ago. On January 31, the company donated RMB 1 million to purchase personal protective gear and other urgently needed medical supplies for frontline medical staff in Wuhan. At the same time, Scienjoy helped establish and donated RMB100,000 to the Beijing University of Posts and Telecommunications fund to support students from Hubei province, who were impacted by the virus. The fund was established to support students from Hubei who were struggling with tuition payments. The fund raised over 700,000 RMB, with Scienjoy employees also individually donating RMB101,010.
Beyond donations, Scienjoy added banners, livestreams, and resources to share authoritative public health information with its more than 200 million users. Scienjoy leveraged its livestreaming platforms, including Showself, Lehai TV and Haixiu TV, plus other strategic cooperation livestreaming platforms, to support the public health efforts against COVID-19. With its campaign "Together, we will fight the pandemic," it promoted a special section of COVID-19 information to users through banners on homepages. In these sections, the platforms published official announcements, posted public health campaigns calling on people to work together to combat COVID-19, and shared protective measures users could take to reduce the spread of the pandemic. Platforms also set up message boards for areas heavily impacted by the pandemic.
In addition to spreading the public health message, Scienjoy also used its own and other collaborative platforms to provide entertainment and social options in an era of social distancing to support users in high-risk areas and frontline workers who had to vigilantly practice social distancing. Since the start of the pandemic, people have increasingly turned to Scienjoy to connect over livestream from home. To support this, Scienjoy actively initiated a new "Home Entertainment" category, teaming up with high-quality partners to add new categories of entertainment and livestreaming events. Scienjoy livestreamed fitness courses, discos, online theater experiences and other innovative events. The company continued supporting its active online communities, enabling hosts and fans to maintain a connection virtually as they all practiced social distancing.
"Our COVID-19 efforts have further enriched our platforms’ content, helped support our users get through this difficult time, and supported our public partners to find new online models to combat the crisis. Our new features and adaptations to the COVID-19 era also helped us achieve solid financial results in the second quarter of 2020. We grew our net income by 282.2% year over year in Q2, all while keeping an eye on our mission in CSR," said Mr. Denny Tang, CFO of Scienjoy.
Since its founding, CSR has always been a focus for Scienjoy. It continues to provide high-value services to users with cutting-edge technologies while making every effort to promote public welfare. During this uniquely difficult time, Scienjoy learned how livestream can adapt and support users in even more areas of life. Backed by its advanced technologies including artificial intelligence, augmented reality, and virtual reality, the company continues to develop diverse content and expand the reach of livestreaming. Scienjoy is looking to the future to see how we can learn from the pandemic and transform crisis into opportunity.
About Scienjoy
Founded in 2011, Scienjoy is a leading provider of show livestreaming social platforms in China. With more than 200 million registered users, Scienjoy currently operates five primary online livestreaming brands: Showself, Lehai TV, Haixiu TV, BeeLive International, and domestic counterpart BeeLive Chinese, each on stand-alone mobile applications. These mobile livestreaming platforms connect professional "broadcasters" and end-users, creating vibrant, interactive and close-knit communities. Using Scienjoy’s mobile applications, users can select broadcasters and interact with them in real-time video rooms. Users can view photos posted by broadcasters on their personal pages, leave comments, and chat directly with broadcasters. Users can also play simple games in video rooms using virtual currency while watching a broadcaster’s livestream.
