CGTN: True Colors Are shown in Crisis

BEIJING, May 15, 2021 — Crises are an unavoidable part of human history. And the response to a crisis can make a difference in a country’s development.

CGTN:True colors are shown in crisis
CGTN:True colors are shown in crisis

On May 12, 2008, a major earthquake jolted Wenchuan, a county of Sichuan Province in southwest China. The government’s speed in responding then amazed the world.

About 10 minutes after the disaster hit, China’s emergency response office issued a statement on the situation from Beijing, and the People’s Liberation Army (PLA) activated its preparedness plan.

Just 21 minutes after the quake, four helicopters were dispatched to survey the damage, and 6,100 officers and soldiers from neighboring areas and over 3,000 members of the Sichuan Armed Police Force deployed to the scene.

In less than 10 hours, 20,000 troops and armed police were at the disaster sites assisting with relief work, with an additional 34,000 security officers on their way.

The speed at which a government reacts to disasters speaks to its capacity to solve problems and its resilience.

COVID-19 has provided another stern test.

In the early stages of the outbreak, Wuhan in Hubei Province was in dire need of medics and equipment. The government rushed more than 330 medical teams comprising over 40,000 healthcare workers to the city.

Nineteen provinces were corralled to provide direct assistance to other surrounding provincial communities.

At first, the lockdown of Wuhan elicited confusion and even panic.

But the government provided timely updates and addressed the challenges that came with lockdown through grassroots community actions mobilized by local authorities.

In doing so, the spread of the virus was curbed and social stability maintained.

"I have never seen, in my life, this kind of mobilization," said World Health Organization Director-General Tedros Adhanom. "China’s speed, China’s scale and China’s efficiency… is the advantage of China’s system."

Not only did the government work on measures to tame COVID-19, but it also charted a 15-year socio-economic development blueprint.

China has proved itself adept at turning crises into opportunities.

"Roots of China’s Growth" is a 10-episode series marking the centenary of the founding of the Communist Party of China (CPC), which has presided over the country’s meteoric rise as a global power. The series focuses on 10 fundamental elements of the strategy that has led to China’s transformation from an impoverished nation over the past 100 years. This article is the first in the series.

https://news.cgtn.com/news/2021-05-12/Why-China-s-leadership-model-enables-quick-solutions-10ceG1ztKrm/index.html

 

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EZGO Announces Local Government Successfully Accepts Application of the State First-class E- Motorcycle Manufacturing Qualification

CHANGZHOU, China, May 14, 2021EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or the "Company"), a leading short-distance transportation solutions provider in China, today announced that the Administrative Examination and Approval Authority of Tianjin Wuqing District recently accepted the project application of the state first-class qualification of electric motorcycle manufacturing of EZGO.  On June 1, 2019, the Industry and Information Department of China defined regulations for "road motor vehicle products," which is required of all enterprises selling motor vehicles in China. Once the inspection is passed, the Company will receive the State First-Class Qualification of electric motorcycle manufacturing, which will ensure that all future Dilang brand electric tricycles ("E-tricycles") and electric motorcycles will be able to legally produced. Together with the new national standard E-bicycle and e-scooter, EZGO is qualified to produce all two wheel and three-wheel vehicles under the brand of Dilang. The Company expects to receive qualification status in June.

Management Commentary

Mr. Jianhui Ye, Chief Executive Officer of EZGO, stated, "We have successfully built our sales and product portfolio with a loyal customer base, and all of our existing products meet the new national standard. With the improvement of our design and production capabilities, including our industry experience and investment in manufacturing and R&D, we felt it was appropriate apply for the State First-Class Electricity Motorcycle Qualification. This will allow the Company to market its products as officially meeting all of the national standards. We believe that this will greatly improve our marketing and sales capabilities."

About EZGO Technologies Ltd.

Leveraging an Internet of Things (IoT) product and service platform and two E-bicycle brands, "Cenbird" and "Dilang," EZGO has established a business model centered on the manufacturing and sale of E-bicycles and E-bicycle rentals, complemented by the E-bicycle charging pile business. For additional information, please visit EZGO’s website at www.ezgotech.com.cn. Investors can visit the "Investor Relations" section of EZGO’s website at http://www.ezgotech.com.cn/Investor/.

Safe Harbor Statement

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

Guiyang Is Applying Big Data to Social Governance Modernization

GUIZHOU, China, May 14, 2021Guiyang, a previously underdeveloped city in Southwest China, has gained remarkable achievements in recent years. In addition to poverty alleviation, Guiyang has also been known for the assimilation of big data and won the name of China’s Big Data Valley.

In order to understand how Guiyang takes advantage of data-driven solutions, the journalist at Huanqiu.com went to Guiyang and interviewed several stakeholders.

"Guiyang has benefited from big data to a significant extent," In Guizhou Big Data Exhibition Center, the staff showed how Guiyang promotes the intersection of data-driven solutions and rural rejuvenation, industrial development, social governance, etc.

In terms of social governance, Guiyang actively utilizes big data to enhance the management, service, decision-making capacity. The local government has launched Traffic Cloud, Police Cloud and other applications. "With the continuous modernization of government, the public well-being has greatly boosted," the staff told Huanqiu.com.

In order to understand how Guiyang integrates big data with social governance, the journalist at Huanqiu.com also visited Guiyang Fire-Rescue Department Block Data Center and communicated with firefighters.

"We need a high volume of printed material to formulate a rescue plan in the past, but we can currently finish relevant work from the One Picture Big Data Platform. Thanks to the data-based solution, we monitor the community in real time and spot fire hazards in advance," Ding Xiang, political committee member of the Guiyang Fire-Rescue Department said.

According to him, when a fire disaster arises, in addition to reporting by calling, the local citizens can also utilize WeChat one-click alarm. "When calling us, some people may fail to describe the situation due to tension or dialects. By comparison, through WeChat one-click alarm, it is possible for us to grasp the situation more efficiently," Ding added.

In March 2020, Guiyang launched the Digital Smart Guiyang WeChat One-click Alarm Platform. After a person logs in, the Fire-Rescue Department can automatically obtain the relevant information of the user. What the user needs to do is filling in the information required and uploading a scene photo.

After receiving the WeChat alarm, the firefighters can grasp all the necessary data of the fire hazard such as location, nearby population and buildings in the data center. Ding told Huanqiu.com: "Through this data platform, the commander will plan the best route. More importantly, we can accurately organize rescue team, save time and avoid waste of resources."

It notes that the Fire-Rescue Department also monitors the firefighters’ physical health condition in real time based on the sensors. When a firefighter stays in the same place or falls, the commander will take measures in time to ensure his safety.

"Thanks to big data, the Fire-Rescue Department significantly enhances fire prevention and management capacity. It seems that we just save two minutes, but this period means a lot to firefighting," a commander of Guiyang Fire-Rescue Department, Nie Sheng told Huanqiu.com.

According to the municipal government, Guiyang will continue to promote the integration of big data and fire control, fully modernize the social governance.

By April 2020, Guiyang Smart Fire Control Data Platform has built a comprehensive perception system involving data of 259 high-rise buildings and 776 units. Due to the data-based solution, the Fire-Rescue Department has avoided more than 2,000 potential safety hazards by timely warning.

Taking the local Huaguoyuan Community as an example, this community has applied the big data platform for two years. The number of fire disasters ensuingly fell by 19.8% year-on-year, and direct property losses fell by 30% year-on-year.

E-Home Household Service Holdings Limited Announces Pricing of Initial Public Offering

FUZHOU, China, May 14, 2021 — E-Home Household Service Holdings Limited (the "Company"), a household service company based in Fuzhou, China, today announced the pricing of its initial public offering ("Offering") of 5,555,556 ordinary shares at a public offering price of US$4.5 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading today, May 14, 2021 under the ticker symbol "EJH".

The Company expects to receive aggregate gross proceeds of US$25 million from this Offering, before deducting underwriting discounts and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 666,667 ordinary shares at the public offering price. The Offering is expected to close on or about May 18, 2021, subject to the satisfaction of customary closing conditions.

Proceeds from the Offering will be used for investment in product development, sales and marketing activities, and technology infrastructure; improvement of corporate facilities and other general and administrative matters; acquisition of, or investment in, technologies, solutions or businesses that complement our business; and general corporate purposes.

The Offering is being conducted on a firm commitment basis. Joseph Stone Capital, LLC is acting as the lead underwriter for the Offering. Bevilacqua PLLC is acting as counsel to the Company, and Davidoff Hutcher & Citron LLP is acting as counsel to Joseph Stone Capital, LLC in connection with the Offering.

A post-effective amendment to the registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission ("SEC") (File Number: 333-233468) and was declared effective by the SEC on May 4, 2021. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Joseph Stone Capital, LLC, by email at ccao@josephstonecapital.com, by calling +1 888-425-7593 or standard mail to Joseph Stone Capital, LLC, 42 Broadway, Suite 301, New York, NY 10004, USA. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s 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 such state or jurisdiction.

About E-Home Household Service Holdings Limited

E-Home Household Service Holdings Limited is a household service company based in Fuzhou, China. The Company provides integrated household services through its website and WeChat platform "e家快服", primarily including home appliance services and housekeeping services. For more information, visit the Company’s website at http://www.ej111.com/ir.html.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s proposed Offering. Specifically, the Company’s statements regarding trading on the NASDAQ Capital Market and closing the Offering are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. 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 investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Sherry Zheng
Weitian Group LLC
Phone: 718-213-7386
Email: shunyu.zheng@weitian-ir.com

CooTek’s Catwalk Beauty Ranked #1 on the US iOS Games Chart on May 13

SHANGHAI, May 14, 2021 — Catwalk Beauty, an ultra-casual game designed and released in the global market by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), reached in the US iOS Games section during the day of May 13, only three weeks after its debut.  

The success of Catwalk Beauty in the US market stemmed from the Company’s R&D capability in gaming and experience in localized operations in the global market. The Company drove the whole process of the incubation of Catwalk Beauty, from the creation to the development and its final debut. In addition to the creative gameplay, localized UI design is the crucial factor to the game’s outstanding performance. CooTek has brought an enhanced entertainment experience to its users through expertise in game innovation and development. 

Catwalk Beauty has attracted a group of loyal fans internationally. The popularity signifies that casual games developed by Cootek are gaining more market share in the global market. Looking forward, through a holistic incubation mechanism, which fuels rapid iteration and innovation, CooTek is confident in achieving a larger-scale game production and growing exponentially in the global market.

As an essential component of the pan-entertainment content, mobile games have created positive synergies with CooTek’s other business sectors, such as online literature. The Company’s collaboration with third-party game studios, via strategic investments, has strengthened game resources and increased the variety of game offerings. To pursue further expansion in the game industry, CooTek will continue to invest in the development of boutique games by integrating with high-quality game studios and assisting game developers in giving full play to their talents while boosting game user experience. 

About CooTek (Cayman) Inc.

CooTek is a fast-growing mobile internet company with a global vision, offering mobile applications. Our mission is to empower everyone to enjoy relevant content seamlessly. The Company’s user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users’ ever-evolving content needs and helps it rapidly attract targeted users. CooTek has developed and brought to market content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and casual games. For details, please visit: https://ir.cootek.com/.

For investor enquiries, please contact:

CooTek (Cayman) Inc.
Mr. Robert Yi Cui
Email: ir@cootek.com   

ICA (Institutional Capital Advisory)
Mr. Kevin Yang
Phone: +86-21-8028-6033
E-mail: cootek@icaasia.com

China’s Leading Big Data Expo to Start Online Show on May 20

GUIYANG, China, May 14, 2021 — 2021 China International Big Data Industry Expo (CIBDIE), the country’s leading big data expo, will be held in southwest China’s Guiyang City from May 26 to 28.

2021 China International Big Data Industry Expo (CIBDIE), the country's leading big data expo, will be held in southwest China's Guiyang City from May 26 to 28.
2021 China International Big Data Industry Expo (CIBDIE), the country’s leading big data expo, will be held in southwest China’s Guiyang City from May 26 to 28.

The event integrates online and offline participation, featuring conferences, exhibitions, new product launches, contests and other activities. A professional exhibition will be held both online and offline, with the online event to be kicked off on May 20, according to China International Big Data Industry Expo Organizing Committee.

The online exhibition has attracted many big data enterprises at home and abroad since its opening for registration.

Industry giants at home and abroad, such as NTT Data, Baishan Cloud, King Base and DT Dream have registered for the event. More than 260 big data industry enterprises have applied for participation in the online exhibition so far.

The online exhibition platform will showcase the brand features and star exhibits of hundreds of participating enterprises through videos, pictures, texts, and gather guests and professionals from all over the world to meet online.

Meanwhile, the system can offer related information of exhibitors or exhibits according to online visitors’ preferences, boosting the accuracy and effectiveness in obtaining information. Besides, to build a friendly online interaction platform for exhibitors and visitors, the online exhibition will also provide e-business-card exchange, negotiation and appointment, schedule management and other interactive scenarios.

In order to facilitate global participation, the online exhibition will roll out an English version, enabling exhibitors and audiences at home and abroad to switch the language versions according to their needs.

Along with the online exhibition, the offline exhibition will open on May 26 and last for three days.

For more information, please visit: https://www.bigdata-expo.cn/

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Link: http://asianetnews.net/view-attachment?attach-id=391211 
Caption: 2021 China International Big Data Industry Expo (CIBDIE), the country’s leading big data expo, will be held in southwest China’s Guiyang City from May 26 to 28.

Nota joins NVIDIA Metropolis Partner Program

SEOUL, South Korea, May 14, 2021 — Nota, a provider of automatic AI compression platforms, today announced it has joined the NVIDIA Metropolis Partner Program. The program is designed to nurture and bring to market a new generation of applications and solutions that make the world’s most important spaces and operations safer and more efficient with advances in AI vision.

Nota joins NVIDIA Metropolis Partner Program
Nota joins NVIDIA Metropolis Partner Program

Nota has developed a real-time traffic control solution at Pyeongtaek, South Korea, which positively impacts drivers’ daily lives, ensures pedestrian safety and saves social costs caused by traffic congestion. The On-device Intelligent Traffic Signal Control Technology developed by Nota uses object detection technology to identify the traffic volume and queues, shares data to analyze the degree of congestion, and accordingly provide adequate traffic signal controls at the intersections.

NVIDIA Metropolis makes it easier and more cost effective for enterprises, governments, and integration partners to leverage world-class AI-enabled solutions to improve critical operational efficiency and safety problems. The Metropolis ecosystem contains a large and growing breadth of partners who are investing in the most advanced AI techniques, most efficient deployment platforms, and use an enterprise-class approach to their solutions. Partners have the opportunity to gain early access to NVIDIA platform updates to further enhance and accelerate their AI application development efforts. Further, the program offers the opportunity for partners to collaborate with industry-leading experts and other AI-driven organizations.

Nota is making roadways safer and more efficient by integrating NVIDIA’s GPU-accelerated Jetson AGX Xavier platform and software tools such as DeepStream SDK and Transfer Learning Toolkit – with its own in-house technology. Transfer Learning Toolkit helps build production quality models faster with no coding required. DeepStream SDK delivers a complete streaming analytics toolkit for building AI-powered video analytics applications.

"Thanks to NVIDIA Metropolis and leveraging the AI productivity benefits of Deepstream SDK and Transfer Learning Toolkit, we could focus our efforts on what matters the most to our customers. NVIDIA’s SDKs cut our initial development time significantly, allowing us to dedicate our technical resources to maximize the AI model compression rate and develop a real-time traffic signal control solution while improving its performance. As a result, Nota will be able to further differentiate its solution efficiently and effectively to meet its customers’ growing demands over time," said Myungsu Chae, CEO of Nota.

About Nota

Nota started at KAIST in 2015, with the goal of "making AI available everywhere through model compression." NetsPresso was developed internally to automate AI model compression so that vision-based AI models can be run on diverse hardware including CPU, GPU, NPU, etc. Nota leverages NetsPresso to provide the market with lightweight AI models to reduce latency, optimize processor usage, consume less energy, and proliferate lower-end edge devices while conserving accuracy. Nota has successfully launched its solutions for the Intelligent Transportation System and Security industries. We are active members of NVIDIA Inception and Metropolis, and are looking for more global partners to expand the market together.  For more information about Nota, please visit www.nota.ai.

Related Links :

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CASETiFY Sets Sail with New ONE PIECE Tech Accessory Collection

The popular Japanese manga series is bringing Luffy and the rest of the Straw Hat Crew to the global lifestyle brand’s best-selling products, just in time for CASETiFY’s 10-year anniversary.

HONG KONG AND LOS ANGELES, May 14, 2021 — Today, CASETiFY announced its latest partnership with the world’s most popular manga series, ONE PIECE. Incorporating CASETiFY’s globally-loved custom elements, fans are invited to show their creativity and adventurous spirit with a new collection of lifestyle products featuring Luffy and the Straw Hat Pirates. Eager shoppers can "climb aboard" the virtual waitlist by visiting casetify.com/onepiece, signing up for priority access to the collection on launch day, May 27.

The popular Japanese manga series is bringing Luffy and the rest of the Straw Hat Crew to the global lifestyle brand’s best-selling products, just in time for CASETiFY’s 10-year anniversary.
The popular Japanese manga series is bringing Luffy and the rest of the Straw Hat Crew to the global lifestyle brand’s best-selling products, just in time for CASETiFY’s 10-year anniversary.

With a shared enthusiasm for pushing boundaries and embarking on exciting adventures, the ONE PIECE x CASETiFY collection inspires a coming together of the popular Japanese manga characters and CASETiFY’s coveted innovations. ONE PIECE fans will instantly spot special designs from the show on a series of best-selling CASETiFY accessories, including the ultra protective Impact Cases, MagSafe-Compatible Cases, Biodegradable Leather Cases, and everyday essential Material Cases, retailing for $45+ USD. For the first time, fans can get up close and personal with their favorite characters by adding their names and monograms to special edition iPhone cases, available in a variety of colorways, spotlighting the likes of Luffy, Zoro, Ace, Nami, Sanji, Sabo, and Chopper. Rounding out the phone case designs in the collection, customers will find inspired takes on recognizable motifs from the show, including Luffy’s own drawing of the Jolly Roger, a compass to guide the Straw Hat Crew on their journey, and graphic icons of the characters in the famed CASETiFY sticker-style treatment, retailing for $45$70 USD. The entire collection of phone cases extends to a variety of customizable styles loved by the CASETiFY community, with the addition of a brand new "high sea" inspired reflective case, introduced in rare limited quantities and made specially for the 10-Year anniversary of CASETiFY’s founding.

"Everyday we’re inspired by our community for taking risks and being unapologetically themselves, so teaming up with ONE PIECE to showcase their beloved, adventurous characters in a new way feels like a natural fit for our collections," said Wes Ng, CEO and Co-founder of CASETiFY. "We believe our fans will enjoy this special collaboration, experiencing their favorite series through CASETiFY’s creative lens."

Following the anticipated addition of new phone case styles, CASETiFY also introduces a series of limited edition tech accessories and lifestyle items, made exclusively for the ONE PIECE x CASETiFY collaboration. Fans will soon be able to dress their AirPods in a new 3-D printed Devil Fruit AirPods Case, modeled after Luffy’s infamous superpower treat, in addition to classic sticker-style options for both AirPods and AirPods Pro cases. For more fan gear, customers can shop the new designs in a range of grip stands, saffiano leather Apple Watch bands, and stainless steel water bottles—along with an extremely limited release of the Laboon Basketball, enticing collectors and sporty customers alike. Products range from $35$79 USD, available for purchase while supplies last.

Starting May 13, fans can sign up for the ONE PIECE x CASETiFY collection waitlist, and take part in a special promotion in honor of CASETiFY’s year-long anniversary celebration. For the first-time in CASETiFY Co-Lab history, fans are invited to guess the mystery character joining the collection, choosing between Frankie, Brook, Law and Robin. Correct guesses will be automatically entered in the collection raffle, where six lucky winners will receive a free personalized character case of their choice. To take part in the contest and join the celebration, visit the collection webpage at casetify.com/onepiece, and stay tuned to CASETiFY social channels for more announcements.

The ONE PIECE x CASETiFY collection launches globally online at www.casetify.com/onepiece on May 27, with products shipping worldwide and select items making their way to CASETiFY retail locations. To learn more about the collection, products, and CASETiFY Co-Lab updates, visit online and stay tuned to @CASETiFY on Instagram, Facebook, and Twitter.

About CASETiFY

Founded in 2011, CASETiFY is recognized as the first and largest global platform for custom tech accessories. The leading Gen Z casemaker not only delivers high quality products to millions of customers around the world, but every case is rigorously inspected for a stylishly slim, drop-proof accessory. Fans of the brand often look to CASETiFY for special edition collaborations with top creatives and talents across industries. Members of the CASETiFY Co-Lab program include Moncler Genius, Vetements, DHL, Coca-Cola, The Pokémon Company, streetwear label BAPE, and global superstars BTS. For more information on CASETiFY, its stores, partners and products, visit www.CASETiFY.com.

About ONE PIECE

ONE PIECE is an original manga series written and illustrated by Eiichiro Oda. Since its start in 1997, it has been serialized in Shueisha’s Weekly Shōnen Jump magazine, leading to quick popularity and the beginning of its animated broadcast in 1999. Now, the long-running series, boasting a high popularity, is scheduled to surpass 1,000 episodes in 2021.

ONE PIECE has spawned numerous mixed media releases, becoming an inspiration for games and other related products, with no end in sight to future possibilities. It is the pinnacle of entertainment, and the series continues to grow as a frontrunner in its industry.

Genes Tech Group Announces 2021 Q1 Results, Total revenue increased by 7.14% to approximately NTD413.74 million

Successfully gained increasing international orders , revenue from its business in Singapore, Korea and Japan surged by approximately 1 time

Q1 Results Highlights

  • The total revenue increased by approximately 7.14% to NTD413.74 million
  • Total comprehensive income for the period attributable to owners of the Company amounted to approximately NTD30.76 million
  • Revenue from the trading of SME and parts increased by approximately 22.37% to approximately NTD125.75 million
  • Revenue from Singapore, Korea and Japan business surged by approximately 101.61% to NTD70.27 million as compared to the same period last year
  • Basic earnings per share were NTD3.12 cents

HONG KONG, May 13, 2021 — Genes Tech Group Holdings Co. Ltd ("Genes Tech Group" of "The Group", Stock Code: 8257.HK) announces its Q1 results for the three months ended 31 March 2021 ("During the period"). During the period, the Group recorded the total revenue of approximately NTD413.74 million, representing an increase of approximately 7.14% as compared to the corresponding period last year. Total comprehensive income for the period attributable to owners of the Company amounted to approximately NTD30.76 million. Basic earnings per share were NTD3.12 cents.

During the period, revenue from the turnkey solutions amounted to approximately NTD287.99 million, accounting for approximately 69.61% of the Group’s total revenue. Turnkey solutions were still the major revenue source for the Group. The revenue from trading of SME and parts amounted to approximately NTD125.75 million, representing an increase of approximately 22.37% as compared to the corresponding period of last year, accounting for approximately 30.39% of the Group’s total revenue. During the period under review, revenue from the domestic business in Taiwan accounted for approximately 58.49% of the Group’s total revenue. The Group seized market opportunities and actively explored and consolidated the good and close cooperative relationship with existing international customers, which in turn contributed to the increase of revenue from the Group’s business in Singapore, Korea and Japan by approximately 101.61% as compared to the corresponding period of last year, accounting for approximately 16.98% of the Group’s total revenue.

Benefiting from the substantial increase in the demand side for the semiconductor industry, the global semiconductor market is entering a high-speed growth period. It is expected that the global industrial trend of 5G and high performance computing (HPC) in the coming few years will drive strong demands for semiconductors. At the same time, major semiconductor supplier countries worldwide have realized the importance of keeping its own complete supply chain. Semiconductor has become a strategic material. The United States, Mainland China, the European Union, Japan, Korea and Taiwan have successively introduced semiconductor support policies and invested heavily in the semiconductor industry. The Group will closely monitor the changes in the market environment and adopt proactive and positive response strategies to react prudently and quickly to market changes.

Mr. Yang Ming-Hsiang, Chairman and Chief Executive Officer concluded: "The global economy is gradually on track for a recovery due to the slowdown of COVID-19 epidemic and the continuous progress of vaccine development and vaccination arrangement of COVID-19. Looking forward to the post-epidemic era, the technological innovations resulting from digital transformation, carbon reduction, smart city and post-5G will continue. Large capacity, high speed, high reliability and low power consumption are essential, and the research and development and advancement of semiconductor technology is particularly critical. The management will strengthen the Group’s innovative research and development capabilities and explore new business opportunities to further expand its market share and create long-term shareholder value.

About Genes Tech Group Holdings Co. Ltd (Stock Code: 8257.HK)

Genes Tech Group Holdings Co. Ltd is turnkey solution provider and exporter of used SME and parts in Taiwan. Since the commencement of its business in 2009, the Group mainly engaged in providing turnkey solution of used SME and parts to its customers and modifying and/or upgrading the semiconductor equipment of its production systems according to customers needs. In addition, the Group is also engaged in the trading of SME and parts. The SME and parts supplied by the Group included furnaces, clean tracks and other related items, which were used at the front-end of the semiconductor manufacturing process, wafer fabrication such as deposition, photoresist coating and development, and these were extensively applied in mobile phones, game consoles, DVD players, automotive sensors and other digital electronic products.

Huawei Mobile Services Partners with Swrve to Bring Leading Customer Engagement to Huawei Users

The Swrve SDK integrated with Huawei Push Service is now available for Swrve customers and worldwide developers.

SHENZHEN, China, May 13, 2021 — Huawei, the leading global technology company, has partnered with Swrve, a leading marketing and customer experience platform, enabling global enterprises to engage with Huawei mobile users through Huawei Push Service which is integrated within the Swrve SDK.

"We are excited to extend our real-time marketing and customer experience platform for mobile, web, and TV to Huawei platforms and devices. Swrve customers will now have the ability to deploy powerful push and in-app messaging experiences to reach Huawei consumers with experiences that are dynamically personal and built around the individual to measurably deepen relationships," said Lisa Cleary, CEO at Swrve.

Swrve, a 2020 Gartner Magic Quadrant Leader for Mobile Marketing Platform, provides a world leading set of mobile-first capabilities such as push notifications, in-app experiences, and embedded experiences for enterprise companies to interact and engage with their users.

Partnership creates unique, intuitive, and premium experiences for customers globally

The partnership between Swrve and Huawei opens the door for brands and manufacturers to build a mobile-first direct-to-consumer relationship with just one engagement tool without compromising multi-platform push channels.

"At Swrve, we understand the importance of delivering a truly great customer experience without compromise across all devices and platforms,” Lisa explains. "The partnership between Swrve and Huawei opens the door for global brands to further connect directly to consumers with powerful experiences at global scale."

Huawei is committed to forging strong partnerships with leading platforms, providing brands with the tools and expertise to create unique, intuitive, and premium experiences for their customers while growing their business. With Swrve joining the HMS ecosystem, their easy-to-use SDK is now available for brands to enable push services and deliver relevant and customised services to their customers quickly.

For more information, please visit Huawei Ecosystem Partner Site and Swrve SDK integration guide.

About AppGallery –Top 3 Global App Marketplace

AppGallery is a smart and innovative ecosystem that allows developers to create unique experiences for consumers. Our unique HMS Core allows apps to be integrated across different devices, delivering more convenience and a smoother experience – and this is part of our wider "1+8+N" strategy at Huawei.

Our vision is to make AppGallery an open, innovative app distribution platform that is accessible to consumers, and at the same time, strictly protects users’ privacy and security while providing them with a unique and smart experience.

About Swrve

Swrve is the leading marketing and customer experience platform for mobile, web, and TV, helping leading enterprises connect with their mobile-first customers to create lasting and valuable relationships. World leading brands such as Playrix, Sony Pictures, and Telefónica use Swrve to identify, predict, and anticipate the needs of customers with real-time behavioral data across mobile, web, and TV apps. Learn more at swrve.com or follow us on Twitter and LinkedIn.

 

Related Links :

https://consumer.huawei.com