Monthly Archives: November 2022

PR Newswire

Waterdrop Co-founder Yao Hu Shares Progress in Pharmaceutical Innovation

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BEIJING, Nov. 18, 2022 /PRNewswire/ — On November 16, Mr. Yao Hu, co-founder of Waterdrop and General Manager of the Pharmaceutical Innovation Business Unit, attended the Jiemian(Jiemian.com) Big Health Forum 2022 sponsored by Shanghai United Media Group, at which he shared the exploration and headway Waterdrop has made in pharmaceutical innovation over the last two years.

Hu said, Waterdrop has made “bringing insurance and healthcare service to billions through technology” its mission since it was established in 2016. Over the last six years, it has worked to make medical treatment affordable to patients and served over 110 million customers through a wide range of health insurance products. It also launched Waterdrop Medical Crowdfunding, which helped 2.58 million patients with severe critical illness raise RMB53.3 billion of funds and eased the financial pressure on those in difficulties.  

While serving patients, Waterdrop has developed a chain of healthcare-related services and launched the pharmaceutical innovation service to offer platforms for the pharmaceutical industry.

Currently, Waterdrop’s pharmaceutical innovation service centers on three platforms, i.e. Waterdrop Patient Platform, Digital Marketing Platform, and E-find (E-find Recruitment and E-find CRO).

Hu gave a detailed introduction to E-find, which features a professional team, fast patient enrollment into clinical trial groups, a competitive platform, and digital operation. Relying on the strengths, E-find Patient Recruitment has grown into a leading third-party patient recruitment platform at home in just two years, with a highly competitive edge in the tumor field. As an Internet tech enterprise, Waterdrop boasts strong capabilities in digitalizing patient screening for research centers, subject compensation, the match between patients and projects, and follow-up visits to subjects.

Waterdrop Patient Platform commits to building a full-lifecycle service system for patients with critical illnesses. The digital marketing platform provides pharmaceutical enterprises with services like market potential evaluation and precise and comprehensive market surveys, to help partners develop targeted marketing strategies and complete digital marketing efficiently and precisely.

Hu said, “Focusing on millions of patients with severe illness, Waterdrop’s pharmaceutical innovation service aims to speed up the R&D of innovative drugs and promote digital marketing for pharmaceutical enterprises. Over the past two years, we’ve carried out remarkable strategic cooperations with countless pharmaceutical enterprises and research institutes. Going forward, we expect to engage with more partners to deliver more fruitful results.”

About Waterdrop Inc.

Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare service to billions through technology. For more information, please visit www.waterdrop-inc.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Waterdrop’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Waterdrop’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Waterdrop does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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Source: Waterdrop Inc.

PR Newswire

H3C Digital Tour 2022 in Indonesia comes to a successful conclusion

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Driving a new journey of digital transformation of the local market

YOGYAKARTA, Indonesia, Nov. 18, 2022 /PRNewswire/ — The H3C Digital Tour 2022 recently came to Yogyakarta and Surabaya, Indonesia. Themed “Together, For A Digital Future”, the event brought together many local ICT industry leaders, government officials and enterprise customers, and ecosystem partners. By roundtable discussion and case sharing, the participants shared how to sustainably empower local digital economic development, with the goal of leading Indonesia into a new journey of digital transformation.

H3C Digital Tour 2022 in Indonesia comes to a successful conclusion in Yogyakarta and Surabaya
H3C Digital Tour 2022 in Indonesia comes to a successful conclusion in Yogyakarta and Surabaya

According to a report from Indonesian news agency Antara, the country’s digital economy is expected to grow from IDR 632 trillion (approx. US$44.5 billion) in 2020 to IDR4531 trillion (approx. US$320 billion) by 2030. Besides, the Indonesian government will focus on infrastructure investment in the ICT sector over the next five years, with a planned total investment reaching 2.5 percent of GDP, reported by People’s Daily from China. Over the years, H3C has been deeply engaged in the Indonesian market and has been supported to build the IT environment of “digital native”.

Given where Indonesia currently sits in terms of its development roadmap and where that roadmap fits in with the global digital economy, H3C launched four scenario-based solutions based on local market expectations, including Synergy Working, Innovative Education, Efficient Healthcare, and Reliable Public Service for government and enterprise customers. The company also rolled out the proprietary comprehensive operation management and maintenance platform H3C Cloudnet, the hyper-converged product designed for enterprise and industry data centers UIS 7.0, the tri-band Wi-Fi 7 router, the 8K ultra-high-definition H3C Cloud Screen, alongside a full lineup of routers and other innovative solutions and products.

The “Win-Win-Win” and “Partner First” strategy is a key to H3C’s efficient service system and sustainable development globally. H3C’s full-stack products and solutions into the local market are bolstered by efficient service guarantees with technical support from more than 2,000 ICT experts and 24×7 service.

Marco Ma, general manager of H3C Indonesia, mentioned, “We continue to participate in the digital transformation of the local government, banks and schools as we seize digital development opportunities across all industries, and achieve mutual benefits in the process of empowering local partners and users. We have a cutting-edge partner support plan and incentive mechanism, which can empower partners in an all-round way. By integrating the capabilities of all partners, we create shared value and work together to build a digital ecosystem.”

Opening speech by H3C Indonesia general manager Marco Ma
Opening speech by H3C Indonesia general manager Marco Ma

Currently, H3C has successfully certified over 1,000 overseas partners, established partnership with over 200 overseas service providers, and delivers services in 135 countries.

Looking ahead, H3C, as one of the most trusted partners, will continuously adhere to the corporate vision of “Shaping the Digital Future for a Better Life”, effectively meet the expectations of local people who seek to lead a smarter life, and drive Indonesia’s digital development to a new level.

PR Newswire

Capitalise.ai and AvaTrade announce a strategic partnership, providing AvaTrade’s CFD & FX clients with the next generation of automated trading

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DUBLIN, Nov. 18, 2022 /PRNewswire/ — Capitalise.ai, a leading global provider of a groundbreaking trading automation and analysis platform, and AvaTrade, the renowned and established CFDs & Forex broker, today announced a strategic partnership to offer AvaTrade’s clients free and easy-to-use automated trading.

AvaTrade’s traders will get free access to Capitalise.ai’s full suite of automated trading capabilities including a no-code freestyle text interface, automated trading execution, analysis tools such as backtesting and simulations, a library of strategy examples, Smart Notifications, and a mobile app.

AvaTrade’s clients will be able to automate an endless variety of trading strategies, using advanced customization features, such as Dollar Cost Averaging strategies, timing-based conditions, news events and tech indicators. Moreover, with Capitalise.ai’s TradingView Alerts feature, traders can now automate their trading based on over 100 indicators available in the TradingView charts.

Commenting on the announcement, 

“For over 16 years, AvaTrade has prided itself on being at the forefront of trading technology. Our partnership with Capitalise.ai is just further proof of our ongoing commitment to our traders, as we continue to provide them with innovative ways to trade, apply strategies and make every trade easier to accomplish, ensuring that everyone can become a trader” said Daire Ferguson, AvaTrade CEO.

Amir Shiovich, Capitalise.ai CEO & Co-Founder: “In 2022, Capitalise.ai continues to show impressive growth as our increases in trading activity and new traders dramatically outperform our quarterly expectations. Our new partnership with AvaTrade is a vote of confidence from an established and trusted broker for our easy-to-use online trading automation capabilities. Our team is excited to have AvaTrade on board, and we look forward to adding value to their traders’ day-to-day trading experience.”

About AvaTrade

AvaTrade is a leading global forex and CFD broker that supports investors of all kinds through a range of platforms, including MT4/5, AvaTradeGO mobile app, WebTrader, AvaOptions, DupliTrade and others. Traders benefit from tight spreads, a personal account manager, multilingual support, 1000+ instruments, and market-leading risk management tools such as AvaProtect, alongside real-time market access and immediate execution. Accounts are totally segregated and transactions fully encrypted. AvaTrade is regulated in the EU, Japan, Australia, Abu Dhabi and BVI, while holding a strong presence in Canada through a partnership with Friedberg Direct, a member of Canada’s Investment Industry Regulatory Organization.

About Capitalise.ai

Capitalise.ai is a world-leading trading automation platform that amplifies top-tier brokerage firms’ performance by offering a game-changing trading experience for traders worldwide. In the last year, Capitalise.ai more than tripled its partnerships, number of active traders, usage scale, and trading activity.

With Capitalise.ai, partnered brokers such as AvaTrade, offer their traders analytical instruments and a seamless automated trading experience previously reserved only for highly technical traders with the know-how to code their own trading scripts. For the first time, traders with no previous technical know-how can automate their trading, using simple freestyle text

Capitalise.ai’s evolving automated platform is extensive and rich in capabilities and features and is being utilized by leading brokers worldwide. Among its partners are leading brokerage firms such as Interactive Brokers, FXCM, Binance, Eightcap, ACY Securities, and more.

PR Newswire

GoGlobal Launches Recruit & Hire Solution to Address Critical Talent Shortage for Key Roles

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MIAMI, Nov. 17, 2022 /PRNewswire/ — The rise of remote work is levelling the playing field when it comes to accessing talent, but for many organizations international hiring is overwhelming and they don’t know where to start.

GoGlobal, an Employer of Record (EOR), is launching a new solution called Recruit & Hire that will help companies look beyond their borders to find the right person for the right role at the right price.

Nick Broughton, GoGlobal Partner, says, “Remote work is the great equalizer when it comes to talent. It has not only transformed the way we think work can be done — shattering the idea that people must be in the office to be productive and contributing— but has also opened up a global talent pool of millions of people that have previously been underappreciate, ignored or inaccessible.”

One of the most important considerations in hiring internationally is to partner with an EOR that can also serve remote global hiring needs. GoGlobal’s Recruit & Hire offers clients the end-to-end solution, right from sourcing through all the stages to an eventual off-boarding

“With our in-house regional talent acquisition teams and global network of vetted recruitment partners, GoGlobal can source and engage remote talent in days and offer expertise in local salary benchmarking, talent pool sourcing and in-country HR regulations and best practices,” says Harry Dhillon, GoGlobal’s Director of Recruitment.

There are many benefits to working with an EOR and recruitment partner on a global recruitment strategy. It’s a quick way to gain access to new markets and find talent for hard-to-fill roles, like technology, sales and clients services. It also enables company to avoid entity set-up costs, fines and penalties. In addition to saving time and money, global remote recruitment supports corporate Diversity, Equity and Inclusion (DEI) strategies, which are becoming increasingly important for talent development and overall business success.

“Remote hiring allows companies to build naturally diverse teams,” explains Broughton. “Looking beyond traditional borders for talent creates teams that blend a range of cultures, ideas and perspectives. It also provides opportunities to highly-skilled candidates who may not be able to access traditional ‘9 to 5’ jobs that require an in-office presence, such as women with young children at home, people with disabilities or individuals who are also at-home caregivers.”

Learn more about GoGlobal’s Recruit & Hire solution.

About GoGlobal

GoGlobal is a people-first international HR and Employer of Record (EOR) service provider, with a globally distributed, naturally diverse remote workforce. GoGlobal’s technology enabled EOR solution allows companies of all sizes to hire people anywhere in the world without the need to set up a local entity, opening new doors to rapid expansion and growth. With a presence in over 100 countries on six continents and growing, GoGlobal helps clients recruit, hire, manage and pay exceptional talent – quickly, cost effectively and compliantly.

For more information, please visit GoGlobalGeo.com

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.

News

LazadaSapotUndi: Voucher Rewards for Malaysian Voters

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Lazada encourages Malaysians to vote this General Election 15 by rewarding voters with the LazadaSapotUndi Voucher Pack.

The LazadaSapotUndi Voucher Pack contains vouchers from participating LazMall brands across a variety of categories. Tech enthusiasts will find vouchers from Asus, ViewSonic, Senheng and SenQ. Those looking for beauty products will find vouchers from L’Oreal, Maybelline and Shu Uemura to name a few. There are even vouchers to appeal coffee enthusiasts from Illy, JDE World of Coffee, Carraro Coffee and Oldtown White Coffee.

ENG LazSapotUndi MainKV 1
Get rewarded by voting this GE15 with LazadaSapotUndi

With many more LazMall brands participating, the LazadaSapotUndi Voucher Pack is worth more than RM350 in total. The vouchers can be collected on the Lazada app on 19th November 2022 and redeemed between 19th to 21st November 2022. To collect them, click on the ‘Sapot Lokal’ icon on the app homepage, then click on ‘LazadaSapotUndi’ icon. Then, fill up the form and upload a photo of your inked finger.

ENG LazSapotUndi KV Step by Step
Follow 4 easy steps to redeem the LazadaSapotUndi Voucher Pack

To keep the GE15 spirits high, Lazada is also giving out limited quantities of RM1.50 cash vouchers with RM15 minimum spend. To enjoy these vouchers, download the Lazada app and follow Lazada Malaysia on Facebook @LazadaMalaysia, Instagram @lazada_my, Twitter @LazadaMY and YouTube.

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Undi Negaraku launched to educate voters, combat misinformation

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Malaysian youth movement Undi18, in collaboration with Google, has launched the Undi Negaraku website just in time for GE15. The website aims to be a one-stop resource center to help prepare first time voters and to combat misinformation.

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Undi Negaraku has resources for first-time voters and seasoned voters alike.

Undi Negaraku aims to prepare both first-time and seasoned voters alike come General Election 15 (GE15) on November 19th. The website is poignant since GE15 is the first election where the youth will make up more than 50% of the electorate.

As GE15 is expected to have 5.8 million first-time voters, the website will have a guide for first-time voters. It includes a summary on key information such as how to cast your vote and polling day practices. There are also detailed information on the election process as a whole and the various parties and coalitions involved.

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Undi Negaraku educates voters to discern misinformation

Undi Negaraku also provides resources on tackling misinformation, a big detriment to the election process. There are resources to help voters identify misinformation and what to do when encountering them. To help with this, the website also provides material on fact checking methods and links to useful tools such as Google Fact Check Explorer.

Going forward, the website will continue to serve as a repository for voter education material. It also provides links to initiatives for those who want a more active role in the democratic process of voting. The first, Undi Negaraku, is a non-partisan youth movement comprising of local youth movements, aiming to produce future leaders and changemakers. The second is PACA, which actively recruits volunteers to be polling or counting agents during elections.

PR Newswire

The digital transformation of the world’s footwear sector is imminent

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  • The Sustainable Shoe Manufacturing Technology Seminar showcases Taiwan’s smart manufacturing capabilities
  • With the worldwide demand for quality footgear set to grow, the Sustainable Shoe Manufacturing Technology Seminar  grabs the attention of the Vietnamese market as Taiwan’s leading manufacturers share their experience 

HO CHI MINH CITY, Vietnam, Nov. 17, 2022 /PRNewswire/ — Taiwan’s shoe-making industry entered into a period of sustained digital transformation during the pandemic, with total exports reaching a remarkable US$93.71 million in 2021, up 23.19% when compared with the previous year. The Taiwan Sustainable Shoe Manufacturing Technology Seminar was held on the second day (November 17) of the International Shoes & Leather Exhibition – Vietnam. Five leading shoe brands were invited to share their sustainable digital application experience and talk about the effect of Taiwan’s intelligent manufacturing on the international market.

The Sustainable Shoe Manufacturing Technology Seminar
The Sustainable Shoe Manufacturing Technology Seminar

Asia is the world’s footwear production and manufacturing center and Vietnam is one of the world’s top five footwear manufacturing countries, with a strong demand for shoe-making equipment and an imperative for digital transformation. At the Forum, Delta Electronics will lead the lineup of speakers with a presentation on IIoT applications for intelligent footwear manufacturing, followed by Minz elaborating on the comprehensive integrated application of the internet and intelligent manufacturing in smart shoe-making equipment. Yu Sheng Technology will demonstrate how to double production by incorporating digital management tools into traditional shoe manufacturing equipment, while New Yuming Machinery will give an example of how AI can fit into the picture by explaining how automated optical inspection (AOI) is applied to the footwear process. Finally, Sincere Pioneer Enterprise will demonstrate how to use smart visual configuration to reduce the carbon footprint created by the show-making process.

A report from Transparency reveals that the global footwear market is expected to achieve sales of more than US$278 billion by 2025, with product category expansion and emerging markets penetration the key to growth. The Sustainable Shoe Manufacturing Technology Seminar is a part of Taiwan’s “Smart Machinery Overseas Promotion Program”, which is designed to enhance the international image of Taiwan and assist manufacturers in taking advantage of overseas business opportunities. Mr. Tran Ngoc Liem, Vice President of VCCI (Vietnam Chamber of Commerce and Industry), noted that Taiwan and Vietnam have been engaging in frequent and meaningful exchanges, especially as it concerns the post-pandemic digital transformation experience. We are looking forward to a closer cooperation between the two markets.

News

SNS Network Technology Offers Students Affordable Devices

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SNS Network Technology Berhad, an ICT system and solutions provider, has announced a slew of deals exclusively for students. The goal is to facilitate students to embrace online learning in schools through affordable devices.

SNS Ko 3 1
SNS Managing Director, Ko Yun Hung, hopes to level the playing field for all students to access virtual learning

Managing Director, Ko Yun Hung, believes the deals are timely as they align with the recent launch of Hybrid Classrooms Pioneer Project by the government. He said, “We believe that this special deal makes the devices very accessible to students and levels the playing field for virtual learning situations”.

Wide range of devices and discounts with SNS Network

The special deals by SNS Network Technology covers a range of HP laptops with discounts of RM400. A standout deal is the 11-inch HP Chromebook X360 going for RM599, down from RM1199. Lenovo laptops are also on offer, with prices ranging from RM1249 and discounts up to RM200.

SNS Network offers their own range of smart classroom solutions, JOI, on generous discounts too. The range includes the JOI Classmate laptop series, JOI Chromebook and the desktop JOI PC, with prices starting at RM599. Other brands include the Avita series of laptops priced at RM949 and Huawei, which includes the MatePad T10 tablet for RM349.

SNS iTworld
SNS Network has student deals from tablets to laptops to desktop PCs, all at great discounts.

Additionally, SNS Network offers premium devices exclusively for students with options of iPad, MacBook Air, MacBook Pro and Microsoft Surface. The HP Probook 440 is available for RM3159 for those that want more productivity. On the top end, the Dell Alienware X14 gaming laptop is also available on a discount at RM8499.

All product offerings are available on the GLOO Education Store for online purchases. Also, in store purchases are available at the following retail stores; on https://www.itworld.com.my/about-us and www.gloo.com.my/about-us.

PR Newswire

Masdar-led consortium strengthens partnership to advance landmark 4 GW green hydrogen program in Egypt

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  • UAE’s Masdar, Hassan Allam Utilities, and Infinity Power sign framework agreement with Egyptian state-backed entities for the development of green hydrogen and derivatives’ production facilities
  • First plant scheduled to be operational by 2026; consortium targeting capacity of 4 GW by 2030, and an output of up to 480,000 tons of green hydrogen per year
  • Agreement highlights UAE’s support for Egypt’s clean energy objectives; follows Masdar’s historic announcement of 10 GW wind project in country

ABU DHABI, UAE, Nov. 17, 2022 /PRNewswire/ — Masdar, the UAE’s flagship clean energy company, and its consortium partners, Infinity Power Holding and Hassan Allam Utilities, announced that they have signed a framework agreement with leading Egyptian state-backed organizations on the development of a 2 gigawatt (GW) green hydrogen project in the Suez Canal Economic Zone (SCZONE).

The Masdar-led consortium signed two Memorandums of Understanding (MoUs) in April with Egyptian entities, related to the development of two green hydrogen production plants in the country, one in the SCZONE and the other on the Mediterranean. The consortium is targeting an electrolyzer capacity of 4 gigawatts (GW) by 2030, and an output of up to 480,000 tonnes of green hydrogen per year.

Yesterday’s agreement was signed on the sidelines of the 2022 United Nations Climate Change Conference (COP27) in the presence of HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate, and Chairman of Masdar, HE Dr Mohamed Shaker El-Markabi, Egypt’s Minister of Electricity and Renewable Energy and HE Hala Al-Said, Egypt’s Minister of Planning and Economic Development.  HE Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, and HE Mariam Al Kaabi, UAE Ambassador to Egypt were also present.

The signatories were Mohammad Abdelqader El-Ramahi, Director for Asset Management, Technology and Green Hydrogen, at Masdar, Amr Allam, Chief Executive Officer of Hassan Allam Utilities, and Mohamed Ismail Mansour, Chairman of Infinity Power Holding. CEOs from the state-backed organizations also attended the event.

H.E. Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, UAE Special Envoy for Climate, and Chairman of Masdar, said, “Today’s announcement serves to strengthen the ties between the United Arab Emirates and the Republic of Egypt and highlights our two nations’ commitment to delivering zero-carbon energy solutions. This 4 GW green hydrogen program follows Masdar’s announcement last week of a 10-gigawatt wind project in Egypt, also with our partners Hassan Allam Utilities and Infinity Power Holding – both will support Egypt’s decarbonization objectives. Through Egypt’s hosting of COP27, our two countries have also been able to exchange expertise and share insights that we will take forward and build on in the UAE when we host COP28 next year.”

Mohamed Ismail Mansour, Chairman, Infinity Power, said, “We are honored to be working on our first ever Green Hydrogen project, as a part of the consortium with Masdar and Hassan Allam Utilities. The project is expected to facilitate economic growth for the country as well as help position Egypt as a Green Fuel Hub, propelling the country forward on its journey in becoming a green economy. We look forward to being a part of many such projects in the future.”

Amr Allam, CEO of Hassan Allam Holding, said, “Such strategic partnerships between Hassan Allam Utilities, Masdar, and Infinity Power provide more opportunities that support Egypt’s transition towards a green economy and promote sustainable development across the country. We are proud to contribute to the development of green hydrogen production facilities in Egypt while leveraging the country’s abundant natural resources.”

Nayer Fouad, CEO, Infinity Power, said, “We are always working towards expanding our portfolio of services across all technologies of sustainable energy production. This is a milestone event for us at Infinity Power, and we look forward to continuing to build upon our efforts with more Green Hydrogen projects as we move forward towards making the vision of a sustainable Africa a reality.”

Mohammed Jameel Al Ramahi, CEO, Masdar, said: “Today’s announcement takes us a vital step closer to advancing this massive collaborative project, which stands to bolster Egypt’s energy independence and enable the production of high-value green hydrogen derivatives for export, like green ammonia. With the first green hydrogen molecule set to be produced by 2026, it is imperative we continue to maintain momentum to ensure timely completion of this groundbreaking undertaking.”

As per the agreement, the consortium will enter into a binding framework agreement with the SCZONE, the Egyptian New and Renewable Energy Authority (NREA), Egyptian Electricity Transmission Company (EETC), and The Sovereign Fund of Egypt (TSFE). The agreement sets out the key terms and conditions for the green hydrogen development program with a focus on the first phase of the program.

In the first phase of the project, the consortium will establish a green hydrogen manufacturing facility in the SCZONE, scheduled to begin operations by 2026. The electrolyzer facilities in the SCZONE and on the Mediterranean could be extended to up to 4 GW by 2030 to produce 2.3 million tonnes of green ammonia for export as well as supply green hydrogen for local industries.

Egypt enjoys abundant solar and wind resources that can allow for the generation of renewable power at a highly competitive cost, a key enabler for green hydrogen production and is located within proximity to markets where demand for green hydrogen is expected to grow the most, providing a robust opportunity for export.

Masdar, Infinity Power and Hassan Allan Utilities last week announced they had signed an agreement to develop a 10 GW onshore wind project in Egypt – one of the largest wind farms in the world. Once completed, the wind farm will reduce carbon dioxide emissions by 23.8 million tonnes a year – equivalent to 9 percent of Egypt’s current output

Egypt is targeting renewables to make up 42 percent of its energy mix by 2035, while Egyptian authorities are reportedly working to revise the country’s renewable energy strategy to include green hydrogen.

Africa could capture as much as 10 percent of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as US$120 billion to the continent’s gross domestic product (GDP), according to a report issued jointly by Masdar and its Abu Dhabi Sustainability Week (ADSW) platform at COP27 last week.

Active in more than 40 countries across the world, Masdar is invested in a portfolio of renewable energy assets with a combined value of more than US$20 billion and a total capacity of more than 15 GW. In December, it was announced that Abu Dhabi National Energy Company PJSC (TAQA), Mubadala Investment Company, and Abu Dhabi National Oil Company (ADNOC) will partner under the Masdar brand to create a truly global, clean-energy powerhouse intended to spearhead the drive to net-zero carbon by 2050 while cementing the UAE’s leading role in green hydrogen. 

PR Newswire

Vipshop Holdings Limited to Hold Annual General Meeting on December 16, 2022

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GUANGZHOU, China, Nov. 16, 2022 /PRNewswire/ — Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China (“Vipshop” or the “Company“), today announced that it will hold an annual general meeting of shareholders at Vipshop Headquarters, 128 Dingxin Road, Haizhu District, Guangzhou 510220, People’s Republic of China on December 16, 2022 at 11:00 a.m., Beijing time.

No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders and beneficial owners of the Company’s American depositary shares (“ADSs“) to discuss Company affairs with management. 

The board of directors of the Company has fixed the close of business on November 28, 2022 as the record date (the “Record Date“) for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof.

Holders of record of the Company’s ordinary shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person. Beneficial owners of the Company’s ADSs are welcome to attend the annual general meeting in person.

The Company has filed its annual report on Form 20-F (the “Annual Report“), which includes the Company’s audited financial statements for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission (the “SEC“). The Company’s Annual Report can be accessed on the investor relations section of its website at http://ir.vip.com/, as well as on the SEC’s website at http://www.sec.gov/.

Holders of the Company’s ordinary shares or ADSs may obtain a hard copy of the Annual Report free of charge by emailing Jessie Zheng, Vipshop Holdings Limited, at ir@vipshop.com or by writing to:

Vipshop Headquarters, 128 Dingxin Road
Haizhu District, Guangzhou 510220
People’s Republic of China
Attention: Jessie Zheng

About Vipshop Holdings Limited

Vipshop Holdings Limited is a leading online discount retailer for brands in China. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit https://ir.vip.com.

Investor Relations Contact

Tel: +86 (20) 2233-0732
Email: IR@vipshop.com 

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