Yearly Archives: 2021

PR Newswire

Huawei vows to enable digital ecosystem-based finance in APAC

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SINGAPORE, Aug. 3, 2021 — Huawei on July 29, 2021 held its first virtual Asia-Pacific Intelligent Finance Summit 2021, with the theme "Accelerate Digital Transformation in Banking, New Value Together". As economies across the Asia-Pacific region continue to recover and rebound, leading banks and financial institutions are accelerating digital transformation, seizing new digitalization opportunities to reinvent themselves for what the future holds.

This event attracted more than 1,300 financial industry customers, partners, industry experts and media across Asia-Pacific regions. Huawei is honored to invite financial industry core customers and partners like BDO Unibank, KASIKORN Business – Technology Group (KBTG), PwC and IDC to participate in the panel discussion and share their experiences on how they utilize technology to upgrade the industry and range of services on offer by constructing an ecosystem that is agile and intelligent, and ultimately transform themselves into digital-capable eco-enterprises.

During the panel discussion, most of the customers mentioned that they prioritized their investment budget in technology in 2020 and 2021 and it proved that the technologies capabilities brought good business return from the investment. From the investment, customers make sure the cloud technology would bring growth in post pandemic banking through digital and ecosystem banking. In addition, in this discussion, Mr. Jarung Kiatsuphapong, CIO of KASIKORN Business – Technology Group (KBTG), said that KBTG will prioritize technology investment budgets over the next two years. Technology has proven to bring good business returns on investment.

In Nicholas Ma’s, the President of Huawei Asia Pacific Enterprise Business Group opening speech, he thanked all customers and partners for their continuous support in these 10 years and future. He also mentioned that across the APAC region, Huawei has worked with over 300 leading digital ecosystem partners, to provide ICT services to over 100 financial customers. "With Huawei 6 scenario-specific solutions, including Financial Cloud, smart branch, Financial Ecosystem, Digital Core Banking, Smart Data Center, and smart Data Storage, we can help our customers make smart banking a reality and bring intelligence to finance," added in Nicholas Ma’s speech.

Huawei 6 scenario-specific solutions
Huawei 6 scenario-specific solutions

"Huawei has been working with the global financial industry for 10 years and has become an important partner in digital transformation for the industry. Huawei will continue to work with this industry to drive cloud-native computing to ensure financial institutions benefit from a modern and dynamic digital ecosystem that can be continually updated and developed, making use of the latest innovations. Huawei’s ethos is to help financial institutions grow into better digital ecosystem-based enterprises and develop fully connected, intelligent, and ecosystem-based finance together," Jason Cao, President of the Global Finance Business Unit of Huawei Enterprise Business Group, said in his speech.

In Eric Lin’s, CTO, Huawei Enterprise Asia Pacific Finance Account Department, presentation, he summarized that there are six important aspects for banks to focus on while designing a strategic plan of the digital transformation journey. Banks should focus on customers and partners, by enabling the digital core and data analytics capability to achieve Business Agility and Productivity. To respond to that, Eric introduced the six solutions Huawei has developed to facilitate the digital transformation from different perspectives, which are Smart Branch Solution for creating stunning customer experience for traditional customers who prefer interpersonal connection for banking service; Financial Ecosystem to create new business values for the banking customers especially for the underbanked or unbanked segment; Digital Core Banking System is the essential capability for banks to transform in two speeds, maintain the stability of the existing system, as well as publish the new banking services at FinTech speed; Financial Cloud Service, which offers banking customers a secure, fast and scalable cloud environment to try out the new solution with very minimum upfront investment; Smart Data Center including both SDN and DCI solution as well as modular Data Center, which allows customers to build the data center anywhere with lower cost; and intelligent Data Storage Solution with AI-enabled Data Management Service that is capable of managing the entire life cycle of data management to assure the banking critical services are running on the highly available and reliable platform.

For more information about Huawei Intelligent Finance Summit 2021, please visit: https://bit.ly/3BuKKSz

About Huawei

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 197,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world.
Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they’re at home, in the office, or on the go. For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei 

https://twitter.com/HuaweiEntAPAC

https://www.facebook.com/HuaweiEnterpriseAPAC

http://www.youtube.com/Huawei

PR Newswire

JD CENTRAL’s Parent Company JD.com Ranks 59th on Fortune Global 500 List

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BEIJING, Aug. 3, 2021 — JD.com, China’s largest retailer and the parent company of JD CENTRAL, ranked 59th on the Fortune Global 500 list released on August 2. Up by 43 places comparing with last year, JD.com has made the list for the 6th consecutive year, as the largest "retail and internet service" company in China and the third largest internet company globally.

JD.com’s recent development is recognized by Fortune, as it describes: "With nearly 500 million customers, JD.com’s revenue soared 40% to $32 billion in the first quarter of 2021, compared with the previous year, buoyed by resurgent demand from Chinese customers emerging from the pandemic and new partnerships with popular brands like Starbucks and sports retailer Decathlon."

Over the past six years, JD.com has moved up 307 places on the list from its first appearance at 366th in 2016, representing the unique advantage of JD’s business model based on supply chain ability and the economies of scale realized after years of investment.

The company has transitioned from a top retail platform to a leading supply chain-based technology and service company with businesses ranging from retail, technology, logistics, health, insurance, property development, industrial products and services, plus international business.

In 2018, together with Central Group, JD.com launched JD CENTRAL to further its international business expansion in Southeast Asia.

PR Newswire

iPower Inc Doubles Warehouse Capacity with New Facility in California

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DUARTE, Calif., Aug. 3, 2021 — iPower Inc. (Nasdaq:IPW), one of the leading online hydroponic equipment suppliers and retailers in the United States, today announced that it has entered into an agreement to lease a new warehouse and logistics facility in Rancho Cucamonga, CA.  

"With the ongoing strong demand for hydroponics products and accessories, our need for world class distribution and logistics facilities has been increasing rapidly," stated Chenlong Tan, CEO of iPower. "This newly built state of the art facility will have approximately 100,000 sq ft of useable space and is strategically located near an international airport in Ontario, CA.  Our new facility will more than double our current warehouse capacity and will help support our robust growth plans."

About iPower Inc.

iPower Inc. is one of the leading online retailers and suppliers of hydroponics equipment and accessories in the United States. iPower offers thousands of stock keeping units from its in-house brands as well as hundreds of other brands through its website, www.zenhydro.com, and its online platform partners all of which are fulfilled from its two fulfillment centers in southern California. iPower has a diverse customer base that includes both commercial businesses and individuals. For more information, visit iPower’s website at https://ir.meetipower.com/.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement 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 iPower believes may affect its financial condition, results of operations, business strategy and financial needs. 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. iPower 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 iPower 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 iPower 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 iPower’s filings with the SEC.

For more information, please contact:
Sherry Zheng
Weitian Group LLC
Phone: 718-213-7386
Email: shunyu.zheng@weitian-ir.com

PR Newswire

MWC21: VisualCamp’s eye tracking SDK “SeeSo” wins GLOMO award 2021

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SeeSo recognized in Best Mobile Innovation for Connected Living at MWC Barcelona 2021

BARCELONA, Spain, Aug. 2, 2021 — VisualCamp, eye tracking software company and a member of Born2Global Centre, won "Best Mobile Innovation for Connected Living" at the Global Mobile (GLOMO) Awards at MWC Barcelona 2021. GSMA judges recognized that SeeSo unlocks new possibilities in accessibility and usability across mobile platforms with eye tracking software.

Eye tracking SDK “SeeSo”-- Winner at the GLOBO awards 2021
Eye tracking SDK “SeeSo”– Winner at the GLOBO awards 2021

SeeSo is an AI-based eye-tracking SDK (Software Development Kit) platform which runs through virtually any device’s front-facing camera or webcam. The SDK could be downloaded anywhere in the world from its SaaS web platform "seeso.io" to innovate the mobile web and app industry.

Since the initial launch in April 2020, SeeSo has been updating SDK to strengthen the accuracy, robustness, and development platforms. Recently it added User Status APIs to help developers to track attention levels, drowsiness, and blinking more easily.

In 2020, SeeSo was applied to tablet PC educational services of top-tier Korean companies, including LG U+ and VISANG M Learning, enabling self-directed learning even in situations that require remote education, without a drop in ability to concentrate. For Millie’s Library, an e-book company, SeeSo was applied as a UI/UX enabling a book’s pages to be "turned" by the user moving his or her eyes, opening up a new world for vision interfaces. VisualCamp is slated to sign supply contracts for its eye-tracking technology with prominent Korean and foreign educational companies.

VisualCamp’s eye-tracking technology is characterized by its ability to broaden a client’s range of business because of its applicability to many sectors, including education, advertising and healthcare. The company recently hired medical experts and research staff for digital healthcare (finding digital cures for xerophthalmia, ADHD, dementia, developmental/cognitive disabilities) as a means of diversifying its area of business.

"It is an honor to receive the highest innovation award given for Industry X products, which will lead the world’s digital transformation, as well as to be recognized by mobile industry experts for having technological and business potential. Our goal is to apply our eye-tracking technologies to an even wider range of industries and constantly engage in innovation to enhance connectivity and accessibility for people throughout the world," said YunChan Suk, CEO of VisualCamp. 

The GLOMO Awards celebrate the companies and individuals driving innovation in the rapidly evolving mobile industry. They were set up 26 years ago by the GSMA. The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with almost 400 companies in the broader mobile ecosystem.

For more detailed information on VisualCamp, visit www.visual.camp, www.seeso.io or https://youtu.be/LmZTd9liTXQ

Media contact

VisualCamp: nana@visual.camp 
Born2Global Centre: jlee@born2global.com

Android, Mobile, News

Older Android Devices Will Lose Access to Google Services Come September

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It looks like it’s the end of the road for Android devices running Android 2.3.7 and older. Android 2.3.7, better known as Gingerbread, was one of the more significant updates to Android as the operating system began to become more mainstream. However, it looks like it will also serve a new significance as the cutoff point for Google Services.

The announcement comes to light after a post on the Android Support Forums by community manager, Zak Pollack. In the post, the move is explained to be part of the “ongoing efforts to keep [our] users safe”. Of course, from a security perspective, the move will make things easier as security updates to Android can now focus on updating newer devices. That said, the distribution of active devices that fall into this category is negligible which isn’t surprising considering Gingerbread came out in 2010. Google’s last update in April 2020 showed that Android 9.0 (Pie) is currently the most common version of the OS in the market.

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Photo by Mark Boss on Unsplash

While it may seem a little harsh, the ending of support is nothing new. We’ve seen companies drop support for devices and software before. So, if you’re still running Android 2.3.7 on your devices, it would be advisable to update to Android 3.0 Honeycomb – if available.

Come September 27, 2021, any device running Gingerbread will face errors logging into Google apps like Google, Gmail, YouTube and Maps. That said, the OS itself will still be usable. However, accessing YouTube, Gmail and other Google apps will require the use of the browser. Keep in mind, that Google Play Service will also be affected. So, accessing the Google Play Store may be an issue for these devices.

Google’s move to drop support isn’t a controversial one considering how far Android has come since then. This and the fact that an increasing number of manufacturers are committing to updates for their devices. Most recently, Samsung committed to three year support for updates for their current device line up. Other manufacturers have also followed suit.

Mobile, News

The HUAWEI P50 Series Has Launched Quietly, here is What You Need to Know

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HUAWEI’s flagship smartphone for the year 2021 has just launched last week Friday. Oddly enough, it was not a global affair. To our surprise too, the news did not create the hype a flagship usually does. There is a good reason for that though. The HUAWEI P50 series is currently only launched for the Chinese market.

The device still appears in HUAWEI’s global site though. While that could mean that HUAWEI might plan a global release of the device later in the year, maybe closer to its availability date, the device launches in a rather quiet fashion. Well, quieter than the usual fanfare of a high-profiled smartphone launch. Does this mean HUAWEI is now not a high-profile smartphone maker?

We think it is contrary to that. We think they are in the midst of a restructure, a sort of regrouping. Before that though, we do have to talk about the HUAWEI P50 series, it is what we are here for after all.

As usual, the flagship brand from HUAWEI is now a series instead of a single device. There are two devices in the HUAWEI P50 series, a regular vanilla P50, and an extreme version P50 Pro. Of course, the bigger one must be the HUAWEI P50 Pro.

HUAWEI P50 Pro

Screenshot 2021 08 02 at 15 42 15 HUAWEI P50 Pro Specifications HUAWEI Global
Source: HUAWEI

We start with the most powerful HUAWEI P series to date, the HUAWEI P50 Pro. It is the bigger one among the two devices introduced in the series. Its display measures 6.6-inch and pushes a tiny bit more resolution out of the display. It is an odd display though, because it is not exactly 1440p QHD, but it is not Full HD either at 2,700 x 1,228 pixels. You still get 450 ppi (pixels per inch) with 10-bit colour space though (1.07 billion colours).

It is an OLED panel too, which also means that you are getting highly vivid colours and brilliant contrasts. It also refreshes at 120Hz and features 300Hz in touch sampling rate, which also means you might get a kick out of it for gaming. While it is not exactly a 1440p display, it is still a brilliant one, by the looks of it.

Of course, a large and brilliant display needs powerful internals. Here is the strange part though, you can actually opt for a HUAWEI P50 Pro that does not come with HUAWEI’s own Kirin chipset. It can either come with HUAWEI’s Kirin 9000 System on a Chip (SoC), or Qualcomm’s Snapdragon 888 4G SoC (global site only outlines Qualcomm Snapdragon 888 4G SoC). HUAWEI’s adaptation to Qualcomm’s chips could have a larger implication for HUAWEI’s future. That is just speculations though, back to the device.

Alongside the powerful chips that you can choose from is either 8GB or 12GB of RAM and up to 512GB in storage (global site only outlines up to 8GB + 256GB). Apparently, there will be no expansion option on the latest HUAWEI P series flagships though. With a larger body too, it has a large 4,360 mAh that should last you a whole day and even more running HUAWEI’s proprietary HarmonyOS 2.0 introduced with the HUAWEI MatePad Pro earlier this year.

  • weight phone xs
    Source: HUAWEI
  • Screenshot 2021 08 02 at 15 43 34 HUAWEI P50 HUAWEI Global
    Source: HUAWEI
  • Screenshot 2021 08 02 at 15 42 15 HUAWEI P50 Pro Specifications HUAWEI Global
    Source: HUAWEI
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    Source: HUAWEI
  • intro xs
    Source: HUAWEI
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    Source: HUAWEI
  • id2x
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    Source: HUAWEI
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Instead of a single camera bulge, the HUAWEI P50 Pro comes with two camera domes now. One houses three lenses (40-Megapixel MonoChrome, 13-Megapixel Ultra-Wide, 64-Megapixel Telephoto) and the other houses a single 50-Megapixel main shooter alongside an LED flash module. Out the front is a high-resolution 13-Megapixel shooter. Funnily enough, while Leica’s brand still graces the device, there are no mentions of the sensor size on the HUAWEI P50 Pro.

HUAWEI P50

Screenshot 2021 08 02 at 15 43 34 HUAWEI P50 HUAWEI Global
Source: HUAWEI

Then there is the regular HUAWEI P50. In size it is smaller, but not by that much. Instead of the 6.6-inch display, the HUAWEI P50 settles in at 6.5-inch. It is still an OLED display that boasts 2,700 x 1,224 pixels at up to 90Hz refresh rate.

While you get a choice of going for a HUAWEI Kirin 9000 chip, the HUAWEI P50 only gets a Qualcomm Snapdragon 888 4G treatment, which is odd. Supporting the chipset though is still up to 8GB in RAM and up to 256GB in storage, which are not too bad considering.

The HUAWEI P50 also loses a 64-Megapixel telephoto lens and 40-Megapixel monochrome lens. Instead, you get 12-Megapixel in telephoto lens and a 13-Megapixel ultra-wide camera alongside the 50-Megapixel shooter. You still get two camera bulges though.

Because it is a smaller body, the HUAWEI P50 only packs a 4,100mAh battery. While the SuperCharge 66W fast charging capability remains, the HUAWEI P50 will not be getting wireless charging capabilities. You should still be able to last a whole day and more from the smaller battery though.

Pricing and Availability

The HUAWEI P50 Pro and P50 comes in Golden Black, Cocoa Gold, or Pearl White colour options. The HUAWEI P50 Pro gets an additional colour option in the Charm Pink though. There are no mentions of its availability the global market at this time. At this point too, you can expect the HUAWEI P50 with Harmony OS 2.0 to be shipping out without Google’s Play Store or Google’s basic mobile ecosystem installed.

The HUAWEI P50 and P50 Pro is already on pre-order in China and will start shipping and appearing in stores 8th August 2021 onward. The HUAWEI P50 starts at CN¥ 4,488 (MYR 2,935*) and tops out at CN¥ 4,988 (MYR 3,262*). The HUAWEI P50 Pro starts at CN¥ 5,988 (MYR 3,917*) for the Qualcomm Snapdragon 888 variant with 8GB RAM and 129GB on-board storage. It tops out at CN¥ 7,988 (MYR 5,225*) for the Kirin 9000 variant with 12GB of RAM and 512GB of on-board storage.

* Approximately based on exchange rate of CN¥ 10 = MYR 6.54 on xe.com as of 02/08/2021

PR Newswire

Hello Group Inc. Announces Effectiveness of Name Change

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BEIJING, Aug. 2, 2021 — Hello Group Inc. (NASDAQ: MOMO) (the "Company"), a leading mobile social and entertainment platform in China, today announced that it has changed its name from "Momo Inc." to "Hello Group Inc.," effective August 2, 2021. The American depositary shares of the Company, each representing two Class A ordinary shares, par value US$0.0001 per share, will begin trading under the new corporate name on August 2, 2021.

About Hello Group Inc.

We are a leading player in China’s online social and entertainment space. Through Momo, Tantan and other properties within our product portfolio, we enable users to discover new relationships, expand their social connections and build meaningful interactions. Momo is a mobile application that connects people and facilitates social interactions based on location, interests and a variety of online recreational activities. Tantan, which was added into our family of applications through acquisition in May 2018, is a leading social and dating application. It is designed to help its users find and establish romantic connections as well as meet interesting people. We also operate a number of other applications to serve different social and entertainment demands from our users.

For investor and media inquiries, please contact:

Hello Group Inc.

Investor Relations
Phone: +86-10-5731-0538
Email: ir@immomo.com

Christensen

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

In the US

Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com

Related Links :

http://ir.immomo.com/

PR Newswire

Chinese Giants GAC and Huawei Will Work Together to Develop a Smart SUV

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GUANGZHOU, China, Aug. 2, 2021 — On July 9, 2021, GAC Group officially announced an exciting joint project with tech giant Huawei: the two firms will work together to develop a "smart SUV", aiming to hit the market in mass production by the end of 2023.

Chinese Giants GAC and Huawei Will Work Together to Develop a Smart SUV
Chinese Giants GAC and Huawei Will Work Together to Develop a Smart SUV

The SUV will be the first joint product of the two enterprises. A medium- to large-size, pure electric SUV, the vision behind the car is one of futuristic, powerful and efficient technology, that will bring exciting new energy capabilities and Level 4 autonomous driving to buyers.

GAC Group embraces and encourages extensive technological innovation in its vehicles, and Huawei is a global leader in many types of technology. This strategic cooperation will allow them to build a new generation of intelligent vehicles and digital platforms. This SUV and multiple other future models will utilize GAC’s GEP.30 chassis platform and Huawei’s CCA (Computing and Communication Architecture), as well as carrying Huawei’s full stack of intelligent vehicle solutions.

Since signing a strategic cooperation agreement in 2017, GAC and Huawei have worked together in the fields of intelligent connected electric vehicle technology.

In September 2020 in Guangzhou, the two firms signed an agreement to further deepen cooperation, with a focus on computing and communication architecture in accordance of the development trend towards software-heavy vehicles.

In the last few years, GAC has seen significant success in realizing vehicle electrification and in various areas of new energy technology. GAC Group is highly committed to research and development, demonstrated by the billions of yuan funneled into the GAC R&D Centers across the world.

The global market for electric vehicles is only growing. Data predicts that the EV global market will expand almost fivefold between 2016 and 2027; an annual increase of 20%. GAC Group is positioned to fully embrace this trend towards creating cleaner, greener, better cars, with GAC MOTOR aiming to produce an entirely electrified lineup of vehicles by 2025.

This rapid growth demonstrates a new demand in the automobile market for intelligent cars, and for Chinese craftsmanship.

With new technologies, new processes and new materials, as well as the use of intelligent manufacturing and comprehensively improved production capacity, GAC and Huawei aim to produce eight models and multiple series of cutting edge electric vehicles, that provide a new driving experience at ever lower costs.

PR Newswire

MissFresh Launches in Ningbo, Adding 17th City as National Expansion Gains Pace

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NINGBO, China, Aug. 1, 2021 — MissFresh Limited ("MissFresh" or the "Company") (NASDAQ: MF), an innovator and leader in China’s neighborhood retail industry, has launched its Distributed Mini Warehouse-supported fast home delivery operations in Ningbo, offering a range of more than 4,300 products to be delivered in 39 minutes on average. With this latest expansion, MissFresh strengthens its Distributed Mini Warehouse (DMW) network – which integrates warehousing, sorting and distribution to streamline the retail distribution chain – in East China and now operates in 17 first- and second-tier cities.

According to the City Ranking for Business Attractiveness 2021 by the Yicai Big Data Project, Ningbo and 14 other cities were included on the "New First-tier Cities List". With a population of more than 9.4 million, there is high demand in Ningbo for convenient online shopping and fast home delivery of high-quality fresh produce and fast-moving consumer goods. MissFresh’s launch in Ningbo is in line with its strategy to continuously expand its DMW network in first- and second-tier cities. The launch will also bolster MissFresh’s East China regional supply chain and operations.

To start, MissFresh plans to open 10 DMWs in Ningbo – covering Yinzhou, Haishu and other core urban areas of the city – and provide customers with fruits, vegetables, meat, eggs, live seafood, rice, noodles, grains, oil, convenience foods, and other high-quality products. These will be delivered swiftly to customers’ homes within the DMWs’ one- to three-kilometer radius. Over the next six months, MissFresh plans to open a total of about 25 DMWs in Ningbo, covering most of the city’s core areas.

Since its establishment, MissFresh has prioritized the development of its supply chains. Currently, more than 80% of the company’s products are directly sourced from the place of origin, and 100% of its fresh products are subject to strict quality inspection – this helps MissFresh to ensure that its products are the best value for its customers. At the same time, the company closely controls food safety and product quality. Factoring in Ningbo citizens’ love of seafood, MissFresh also provides a selection of fresh and chilled products as well as foods from local brands.

In addition to Ningbo, MissFresh plans to expand its DMW-supported fast home delivery retail business to more second-tier cities, and will also increase its efforts to digitalize and upgrade traditional fresh markets into Intelligent Fresh Markets.

PR Newswire

New Oriental Education & Technology Group Inc. Cancels Scheduled Earnings Release and Earnings Call

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BEIJING, July 31, 2021 — New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in China, today announced that in light of the recent regulatory developments, it will cancel the earnings release for the fourth quarter of fiscal year 2021, as well as the corresponding earnings conference call and live webcast previously scheduled at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing Time) on Tuesday, August 3, 2021. The Company will provide further updates at an appropriate time in the future.

About New Oriental

New Oriental is the largest provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental’s program, service and product offerings consist of K-12 after-school tutoring, test preparation, language training for adults, pre-school education, primary and secondary school education, education materials and distribution, online education, and other services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental’s ADSs, each of which represents one common share. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.

For more information about New Oriental, please visit http://www.neworiental.org/english/.

Contacts

For investor and media inquiries, please contact:
Ms. Sisi Zhao
New Oriental Education & Technology Group Inc.
Tel: +86-10-6260-5568
Email: zhaosisi@xdf.cn

Ms. Rita Fong
FTI Consulting
Tel: +852 3768 4548
Email: rita.fong@fticonsulting.com

Related Links :

http://english.neworiental.org