Category Archives: PR Newswire

Huitao Technology’s Online Education Platform Enters Final Testing Phase

NEW YORK, April 23, 2020 /PRNewswire/ — Huitao Technology Co., Ltd. (Nasdaq: HHT) (the “Company”, “we” or “HHT”), a company which is in the process of disposing its legacy ready-mix concrete materials business and transitioning into an innovative education service provider, announced today that its jointly developed online education platform with Color China has entered the final testing phase and is expected to launch in early May 2020.

Pursuant to the Cooperation Agreement signed on March 30, 2020, Huitao Technology and Color China will collaborate in producing and streaming celebrity-taught online lessons and celebrity generated content videos on this platform. The platform will also create a live-streaming and audio community and serve as an e-commerce channel for commercialized celebrity IP products.

Registered in Hong Kong, Color China is considered to be a significant live-entertainment organizer in Asia, hosting more than 100 live concerts every year and is home to massive media assets in music production, songwriting, musical instruments and performing arts. Color China aims to recruit an All-Star Crew to be coaches on the Color Star program, including top-notch professional vocalists, producers, musicians and more.

The rapid spread of COVID-19, and the subsequent stay-at-home orders that have been issued by large number of governments around the world to contain the pandemic, have helped fundamentally underscore the prominence and benefits of online education. Online programs will continue to play a large role in the education industry even after the coronavirus outbreak is contained.

Mr. Yang (Sean) Liu, Chief Executive Officer of HHT commented, “We are very excited to cooperate with Color China to bring forward a pioneering learning experience and curriculum to our students. This platform will provide students direct access to well-known celebrities and music artists.”

About Huitao Technology Co., Ltd.

Huitao Technology is a holding company which is currently undergoing a shift to a dedicated education services provider, offering both online and offline innovative education services. Its business operations are conducted through its wholly-owned subsidiaries CACM Group NY, Inc. (“CACM”), Sunway Kids International Education Group Ltd. (“Sunway Kids”), Xin Ao Construction Materials, Inc., Beijing Ao Hang Construction Materials Technology Co., Ltd., Brave Millennium Limited, Chengdu Hengshanghui Intelligent Technology Co., Ltd. and its variable interest entities, Beijing Xin Ao Concrete Group and Chengdu Hengshanghui Education Consulting Co., Ltd. Sunway Kids engages in the early childhood education service business, providing a well-structured system to day cares and preschools in China, including AI and robotic technologies, intellectual campus administration software as a service (SaaS) system and personalized education planning. Through Baytao LLC, a newly formed joint venture, the Company also anticipates providing tutoring programs in New York which includes online learning via a platform being built by CACM. For more information, please visit http://www.china-acm.com.

Safe Harbor / Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties once the transaction is complete, and HHT’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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Source: Huitao Technology Co., Ltd.

H3C to Reform the Global Digital Economy by Optimizing its Global Strategy

BEIJING, April 23, 2020 /PRNewswire/ — With the development of 5G, IoT, AI, cloud and other cutting-edge technologies, digital transformation is accelerating the evolution of society’s methods of operation. In fact, IDC predicted that by 2022, the digital economy will account for 60% of the world’s total economy. With the global impact of the COVID-19 epidemic, the necessity for digital and intelligent transformation as a way of life has become even more of a significant priority for H3C.

NAVIGATE 2020
NAVIGATE 2020

H3C, the leader in digital solutions, is holding the online NAVIGATE 2020 themed “Smart-Volution” from April 20th through 25th. H3C will be officially launching its new AI in All intelligence strategy and unveiling H3C’s Digital Brain Project 2020. In addition, it will also launch a number of innovative products and technologies related to intelligent digital platforms as well as leverage integrated solutions to help industries better cope and achieve a higher level of intelligent transformation.

Gary Huang, President of the International Business Department and Senior Vice President of H3C at NAVIGATE 2020
Gary Huang, President of the International Business Department and Senior Vice President of H3C at NAVIGATE 2020

This proposal of a new intelligence strategy demonstrates H3C’s new insight and thinking on global intelligent revolution. “With the vigorous development of the global digital economy, the demand for digital transformation in various countries is continuing to grow,” Gary Huang, President of the International Business Department and Senior Vice President of H3C, pointed out. “We believe that the global digital industry has vast development potential, and this requires the participation of more enterprises capable of innovating digital and intelligent technologies. We will give full play to our own advantages, grasp market opportunities, provide the best digital transformation value for our customers at home and abroad, and become an important driver for global intelligent transformation.”

In 2019, H3C made inroads into overseas markets with an independent brand after its own name, helping countries speed up their digital transformations. Currently, it has developed business in seven overseas markets (Malaysia, Thailand, Indonesia, Pakistan, Russia, Kazakhstan, and Japan), and penetrated core industries with high access conditions and requirements, including finance, carriers and government. 

Consequently, H3C will accelerate the expansion of its overseas markets. “International markets will become major growth points for H3C’s future business. In the next three to five years, H3C will continue to optimize the layout of its global channel system, actively enhance its participation in international markets and facilitate the digital transformation of more overseas customers from top-level design to technology implementation through its industry-leading end-to-end integrated solutions,” Gary Huang said.

Based on the varying conditions of overseas markets, H3C will take its intelligence strategy as guidance and use its Digital Brain Project to concretely promote and embed its innovative achievements and technological practices into local core industries. It will create complete digital solutions with its partners, and support the digital construction of various countries through its strong capacity to integrate AI, big data and cloud computing, growing together with the global industry ecosystem.

About H3C

H3C is an industry leader in the provision of Digital Solutions and is committed to becoming the most trusted partner of our clients in their quest for business innovation and digital transformation. H3C offers a full portfolio of Digital Infrastructure products, spanning across compute, storage, networking, security and related domains, and provides a comprehensive one-stop digital platform that includes cloud computing, big data, interconnectivity, information security, new safety, Internet of Things (IoT), edge computing, artificial intelligence (AI) and 5G solutions, as well as end-to-end technical services.

For more information about H3C, please visit http://www.h3c.com/en/
Follow H3C’s latest news on LinkedIn

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Canadian Solar Infrastructure Fund to Be a Major Component in the Tokyo Stock Exchange’s New Infrastructure Funds Index

GUELPH, Ontario, April 23, 2020 /PRNewswire/ — Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), announced today that Canadian Solar Infrastructure Fund, Inc. (“CSIF”) (TSE: 9284), listed on the Tokyo Stock Exchange (“TSE”), will be included in a new Infrastructure Funds Index to be launched by TSE on April 27, 2020. Canadian Solar Projects K.K. is the sole sponsor and Canadian Solar Asset Management is the asset manager of CSIF.

The Infrastructure Funds Index is an Environmental, Social and Governance (“ESG”) related finance product offered by the TSE. According to the TSE announcement, CSIF is expected to be a major component of the new TSE Infrastructure Funds Index, along with other sponsored funds from Marubeni and Itochu in Japan.

Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar, commented, “We are very happy to learn that Canadian Solar Infrastructure Fund (CSIF) will be included in the new Infrastructure Funds Index by the Tokyo Stock Exchange (TSE). This event trails 50 years of Earth Day celebrations and reflects the growing importance of Environmental, Social and Governance (ESG) initiatives globally. We are proud to be part of ESG focused investment ecosystem. We want to Make the Difference in Japan as we continue our solar development worldwide.”

Canadian Solar opened its first office in Tokyo in 2009 and has since expanded its operations to 9 offices in 5 prefectures. The Company has successfully delivered over 5.5 GW of premium quality modules to its residential, commercial and utility-scale customers, including its own utility-scale projects.

Canadian Solar started developing its own solar power plants in Japan in 2012, and has since developed, built and connected 297 MWp of solar projects, with an additional 63 MWp currently in construction and 218 MWp under development. Globally, Canadian Solar has built a strong track record developing and connecting over 5.6 GWp in solar PV plants.

In 2017, Canadian Solar launched the initial public offering of CSIF and listed its stock units on the TSE. CSIF was the first global IPO of a Japanese infrastructure fund. With approximately JPY 49 billion of assets under management as of the end of December 2019, CSIF is a leading infrastructure fund player on the TSE and ranks among the largest listed funds on the TSE Infrastructure Funds Index in terms of market capitalization and assets under management. The Japan Credit Rating Agency, Ltd. has assigned CSIF with a credit rating of A- with stable outlook in 2019, and the highest green rating (“Green1”) grade in 2017. Canadian Solar has a 14.7% partial ownership in CSIF and intends to play a key role in its growth strategy.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar power companies. It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale solar power projects in various stages of development. Over the past 19 years, Canadian Solar has successfully delivered over 40 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries. Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “believes,” “expects,” “anticipates,” “intends,” “estimates,” the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company’s SEC filings, including its annual report on Form 20-F filed on April 25, 2019. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

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Source: Canadian Solar Inc.

UNISOC T610 is Powering Hisense’s Color E-Ink “Reading Mobile Phone”

SHANGHAI, April 23, 2020 /PRNewswire/ — UNISOC, a world leading provider of mobile communications chipsets and IoT chipsets, today announced its T610 platform is powering Hisense’s color E-Ink reading mobile phone, the Hisense phone A5 Pro CC. The phone uses e-ink for its secondary back display and LCD for the main one. The e-ink is capable of displaying 4,096 colors, with a paper-like display quality to protect readers’ eyes for long-time reading, and lasts for days on a single charge.

UNISOC T610 is Powering Hisense’s Color E-Ink “Reading Mobile Phone”
UNISOC T610 is Powering Hisense’s Color E-Ink “Reading Mobile Phone”

The e-ink displays lack blue-ray emission and offer much comfortable reading for an extended period. Its display will be capable of providing natural light imaging during daytime. During the night, the device will utilise the diffuse reflection technology through warm light sources mounted on the front side of the device display. Compared with other electronic devices, A5 Pro CC is totally blue-light-free for daytime reading and reduces the content of blue light by 95% for reading at night. It protects eyes greatly by decreasing the harm caused by the blue light to eyes.

The display will be great for reading, has excellent outdoor visibility, and it also doesn’t consume much battery. It only needs power when the image on the display changes.

Hisense has unveiled three A5 Pro versions, an A5 Pro classic with a black and white e-Paper display and two A5 Pro CC with a colored E-ink display using 4GB RAM+64GB ROM and 6GB RAM+128GB ROM storage. All three are powered by UNISOC T610 chipset which combines two 1.8 GHz Arm Cortex-A75 and six 1.8 GHz Arm Cortex-A55 processors with a Mali G52 MP2 GPU. The LTE mobile platform features fully upgraded image processing and AI capabilities and provides an unparalleled smartphone experience for users.

About UNISOC

UNISOC is a leading fabless semiconductor company committed to R&D of core chipsets in mobile communications and AIoT. Its products cover mobile chipset platforms supporting 2G/3G/4G/5G communication standards and various chipset solutions in the field of IoT, RFFE, wireless connection, TV etc. With estimated 4,500 staff, 15 R&D centers and 7 customer support centers around the world, UNISOC has become the top 3 mobile chipsets supplier in terms of global market share, the leading 5G company in World and one of the largest chipset providers for IoT and connectivity devices in China. For more information, please visit http://www.unisoc.com/

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51job, Inc. Files Annual Report on Form 20-F

SHANGHAI, April 23, 2020 /PRNewswire/ — 51job, Inc. (Nasdaq: JOBS) (“51job” or the “Company”), a leading provider of integrated human resource services in China, announced today that its annual report on Form 20-F for the year ended December 31, 2019 has been filed with the U.S. Securities and Exchange Commission. The annual report on Form 20-F can be accessed through 51job’s investor relations website at http://ir.51job.com.

The Company will provide a hard copy of its annual report on Form 20-F, which includes its audited consolidated financial statements, free of charge to its shareholders and ADS holders upon request. Requests should be directed to the Investor Relations Department at Building 3, No. 1387 Zhang Dong Road, Shanghai 201203, People’s Republic of China.

About 51job

Founded in 1998, 51job is a leading provider of integrated human resource services in China. With a comprehensive suite of HR solutions, 51job meets the needs of enterprises and job seekers through the entire talent management cycle, from initial recruitment to employee retention and career development. The Company’s main online recruitment platforms (http://www.51job.com, http://www.yingjiesheng.com, http://www.51jingying.com, http://www.lagou.com, and http://www.51mdd.com), as well as mobile applications, connect millions of people with employment opportunities every day. 51job also provides a number of other value-added HR services, including business process outsourcing, training, professional assessment, campus recruitment, executive search and compensation analysis. 51job has a call center in Wuhan and a nationwide network of sales and service locations spanning more than 30 cities across China.

Contact:

Linda Chien
Investor Relations
51job, Inc.
+86-21-6879-6250
ir@51job.com

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Source: 51job, Inc.

58.com Converted Profit Participation Right and Acquired Shares of Golden Pacer

BEIJING, April 23, 2020 /PRNewswire/ — 58.com Inc. (NYSE: WUBA) (“58.com” or the “Company”), China’s largest online classifieds marketplace, today announced that it closed the transaction whereby it converted its profit participation right with respect to Golden Pacer into approximately 40.0% of the share capital of Golden Pacer. Golden Pacer is a leading financial technology platform in China, and the ultimate holding company of the financial services and other finance related business disposed by the Company in 2017. In September 2019, 58.com entered into definitive agreements to convert its profit participation right into equity stake of Golden Pacer and, in parallel, Golden Pacer entered into definitive agreements with Uxin Limited (“Uxin”), a leading national online used car dealer in China, pursuant to which Golden Pacer would acquire the loan facilitation related business from Uxin and Uxin would receive a certain number of shares of Golden Pacer as part of the consideration. Golden Pacer and Uxin now have entered into supplementary agreements to modify their transactions in light of the recent changes in the regulatory environment and the impact of COVID-19 outbreak and the two abovementioned transactions have been completed.

About 58.com Inc.

58.com Inc. (NYSE: WUBA) operates China’s largest online classifieds marketplace, as measured by monthly unique visitors on both its www.58.com website and mobile applications. The Company’s online marketplace enables local business users and consumer users to connect, share information and conduct business. 58.com’s broad, in-depth and high-quality local information, combined with its easy-to-use website and mobile applications, has made it a trusted marketplace for consumers. 58.com’s strong brand recognition, large and growing user base, merchant network and massive database of local information create a powerful network effect. For more information on 58.com, please visit http://www.58.com.

Safe Harbor Statements

This press release contains forward-looking statements made under 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,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. 58.com may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about 58.com’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: 58.com’s goals and strategies; its future business development, financial condition and results of operations; its ability to retain and grow its user base and network of local merchants for its online marketplace; the growth of, and trends in, the markets for its services in China; the outbreak of COVID-19 or other health epidemics in China or globally; the demand for and market acceptance of its brand and services; competition in its industry in China; its ability to maintain the network infrastructure necessary to operate its website and mobile applications; relevant government policies and regulations relating to the corporate structure, business and industry; and its ability to protect its users’ information and adequately address privacy concerns. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and 58.com does not undertake any obligation to update such information, except as required under applicable law.

For more information, please contact:

58.com Inc.

ir@58.com

Christensen

In China
Mr. Christian Arnell
Phone: +86-10-5900-1548
E-mail: carnell@christensenir.com

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

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Huawei Releases White Paper at its “5G+, Better World” Online Summit

SHENZHEN, China, April 23, 2020 /PRNewswire/ — Huawei held the “5G+, Better World” online summit. At the event, the President of Huawei’s Carrier BG Marketing and Solution Sales Dept, Peng Song called on the ICT industry to stay together and build a better world.

Peng Song delivering the opening speech.
Peng Song delivering the opening speech.

2020 marks the beginning of the third decade of the 21st century”, said Peng. “This year, global digital transformation will accelerate, meaning both opportunities and challenges for telecom operators and industries. To address these opportunities and challenges, operators must aim for more resilient, automated, and intelligent target networks, and their annual network plans and activities should be geared towards achieving these goals.” Peng continued, “Huawei is launching its ‘5G+, Better World’ online platform to work with operators and partners worldwide, share valuable experiences, and build better target networks.”

At the event, Huawei released its white paper, Technology against Pandemic: Insights and Practice on Telecom Networks. This white paper provides deep insights into global networks and explains the important role telecom networks have played in the fight against the pandemic. Stable telecom networks have helped people move vital activities online, such as online education, online shopping, and remote working. This has been the basis of continued learning and production when school and work were suspended. The white paper also explains global operators’ best practices for overcoming the pandemic with networks. For example, they introduced 5G, AI, fiber 10G PON, and other advanced technologies that enable more applications to combat the pandemic more efficiently.

Several guests attended the event and delivered keynote speeches. These included Dr. Su Yu, Deputy Dean of China Mobile Chengdu Industrial Research Institute, Mr. Robert Wigger, Chief Business Officer of Sunrise, Mr. Su Xiaoming, Vice President of YITU Technology, Mr. Shaun Collins, Chief Executive Officer of CCS Insight, and Mr. Bob Cai, Chief Marketing Officer of Huawei’s Carrier BG.

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei’s end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees. For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei 
http://www.twitter.com/Huawei 
http://www.facebook.com/Huawei 
http://www.youtube.com/Huawei

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Westwin Research Shows International Consumer Behavior Changes as a Result of Covid-19

SHANGHAI, April 23, 2020 /PRNewswire/ — To better understand the effects of Covid-19 on consumer behavior, leading tech driven cross-border marketing company, Westwin, has conducted new and extensive research on global search traffic data and consumers from US, UK, Australia, Japan and Russia. Taking an international perspective, the observable changes can be categorized into three main areas: what people are buying, what people are doing during quarantine and where people are looking for information.

Hot Products – What are people buying?

The changes in consumer habits as a result of COVID-19 have been observed differently in different countries around the world. Aside from the obvious increase in purchases of face masks, hand sanitizer and other healthcare products, canned and long-life food products have also been purchased in bulk. For Western countries, essential foods such as soy-based products (increase 63%), rice (58%), chickpeas (47%), milk powder (126%), water (42%) and canned meats (58%) saw month-on-month increases.

Japan saw a similar focus on long-life foods with a 10 times increase in the sale of frozen foods and a 550% spike in sales of garlic, with black garlic – a key ingredient of immune boosting black garlic and honey drink, rising more than 20%.

These increases happened alongside a severe shortage of toilet paper in Australia, where local consumers buy bought in large quantities.

Stuck at Home – What are people doing?

With the temporary closure of non-essential businesses around the world, many people are adjusting to a life of reduced mobility. This new life entails more home cooking (kitchen utensils, gadgets and shelving sales increased by 700%, 321% and 210% respectively in China alone), exercising, enjoying digital entertainment and spending time with family and children.

For many, the desire for companionship has resulted in them choosing to own a pet, this has lead to a tenfold increase in the number of pets being adopted from animal shelters in New York and many shelters reporting an unprecedented lack of available pets.

According to Westwin global search traffic data, in addition to pet trainer equipment and other supplies, smart home supplies such as auto-cleaning robots, dish-washing machine are also being purchased, since consumers are spending more at home and are willing to invest in a more comfortable living environment. Meanwhile HDMI cables and projectors to turn living rooms into home theatres also saw a spike in sales.

Accessing Information – Where are people looking?

The final significant change is the way in which people search and the channels they use to access information. Leading the pack for official pandemic-related information is: official government websites, respected media outlets and Instagram.

Respondents in some regions also reported accessing the official WHO website or Apple News.

Social media has seen a spike of usage with short-video platform TikTok reporting a total of 5.5 billion views relating to “coronavirus” as of March 2020. This number is reflected in the dominance of short-video platforms in China, recording a 5.5% year-on-year increase and overtaking mobile games as the most consumed media during the Chinese New Year holiday.

As consumers adjust to life at home, the role and adoption of online shopping around the world is changing. These changes represent enormous opportunities for brands to open new markets. Particularly for online services such as office, online education and ecommerce applications.

About Westwin

Westwin, formerly known as Microsoft Online (MSN China), is a leading technology driven digital marketing company that focuses on cross-border business. It provides branding strategies and digital marketing solutions to help clients achieve success in China and around the world. Westwin is a certified marketing & advertising partner of Baidu, Tencent WeChat, Sina Weibo and more major digital platforms in China. With years of experience in cross-border business and partnership growth, Westwin is equipped with the knowledge and expertise to take businesses to the next level in overseas markets.

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CHiQ Announced New Series of 5G+8K TVs at Its Global Conference

MIANYANG, China, April 23, 2020 /PRNewswire/ — CHiQ 5G+8K Global Conference, hosted by Changhong (Shanghai: 600839.SS), has announced the new series of 5G+8K TVs and opened a new era of smart household appliances. At the global conference, CHiQ introduced the full series of 8K TV products with built-in 5G module and 8K image quality bringing consumers excellent experience, and the products have been highly recognized by the industry and our consumers.

CHiQ 5G+8K Global Release Conference
CHiQ 5G+8K Global Release Conference

On January 15, with the smooth finish of the first CHiQ 5G product from production line, CHiQ “5G+industrial Internet” the smart television mass customization production line was officially put into operation in Mianyang, China. This is the first “5G+industrial Internet” production line in China, and also the most advanced mass customization production line of smart TV in Asia. Supported by 5G technology, the CHiQ 8K series has been upgraded and strengthened in terms of hardware configuration and production function interaction, and it presents excellent performance in image quality, operating speed and capability.

In the “5G+8K Global Conference” it announced five series of new products, which included the 110″ huge screen, it breaks the traditional limit in the TV appearance. Another new product is the first 8K TV of CHiQ which achieves 5G technology, and it contains three advantages of high-speed rate, large capacity and low time consumption.

During the conference, as a long-term partner of CHiQ Michael Demeyer the vice president of Dolby Laboratories said: “you can experience Dolby Vision and Dolby Atmos on CHiQ TVs, and it create a high dynamic vision effect and produces breathtaking sound quality.”

The “5G+8K Global Conference” is available globally in the form of a live stream broadcast and is connected with the European local guests so they can experience world-famous attractions and explore historical scenery with 8K technology. This is the first transnational live stream broadcast of 8K TV product Conference in China. Through the interaction with the audience, the display of 5G network speed and the 8K high dynamic range image, it brings a brand-new vision experience to the consumers.

CHiQ is a new generation of high-end smart home appliances from Changhong, including a full set of home Internet consumer electronics, such as TV sets, refrigerators, air conditioners, and small home appliances. With the advent of the 5G era, the global interaction mode will be upgraded again with the help of CHiQ.

http://www.chiq.com/

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The 7th Global New Material Startups Contest kicks off in Ningbo, China

NINGBO, China, April 23, 2020 /PRNewswire/ — The 7th China-Ningbo Global New Material Startups Contest will formally commence in Ningbo, Zhejiang province on April 23, 2020.

Given the rapid emergence of a new round of innovation in science and technology as well as ongoing transformation across all industries, Ningbo National Hi-Tech Industrial Development Zone (also known as New Materials Science and Technology Park) has hosted the Global New Material Startups Contest for six consecutive years, attracting high-level talent projects in a number of sectors, including new materials, life science, high-end equipment, new energy and automobiles.

The final of the 7th China-Ningbo Global New Material Startups Contest will be held in September 2020. Targeting cities in China as well as around the world that have taken the lead in new materials, the smart economy as well as intelligent technologies, this year’s event will adopt an innovative approach to the online + offline model as a vehicle for attracting talents and introducing intellectual resources. The contest will consist of three online qualifying heats and field tryouts which will be held in Xi’an and Shenzhen. Finally, 40 outstanding projects will be selected to participate in the final competition and compete for the top ten positions. The organizer will launch an official website for the contest, helping participants and investors as well as creative talents and entrepreneurs gain an in-depth understanding of the event, while giving them access to important resources, including Ningbo National Hi-Tech Industrial Development Zone’s talent recruitment policy and project docking roadshows.

This year’s event will provide direct benefits for high-level talents and outstanding projects as part of the Hi-Tech Zone’s talent policy, with the top five projects qualifying for grants of up to approx. US$5.6 million (40 million yuan).

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